These platforms, which began as aggregators, are now competing directly with their restaurant partners by offering their own products.
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
Swiggy's Q1 FY26 results showed a strong revenue growth of 54% year-on-year to Rs. 4,961 crores, but the net loss widened sharply to Rs. 1,197…
In its filing on Monday, the Gurgaon-based company confirmed that the order is linked to goods and services tax (GST) for the period between July…
While revenue continues to rise, escalating expenses and competition leave Swiggy in the red.
Eternal, the parent company of Zomato and Blinkit, reported a marginal rise in its cash balance during the first quarter of FY26, despite significant…
The food delivery sector in India is projected to grow by 13–14 percent in the coming years, with a steady-state EBITDA margin of around 5 percent,…
According to a regulatory filing, Ranjan will cease to be designated as senior management personnel effective 6 July 2025.
Rapido plans to offer a lower commission range of 8 to 15 percent to restaurants, compared to the 16 to 30 percent currently charged by the existing…
Customers will now pay ₹15 for delivery between 4 and 6 km if the order value exceeds ₹150.
Beginning May 16, Gold members will be subject to the same surge rain fee as regular users, a charge aimed at ensuring fair compensation for delivery…
This growth comes alongside a strategic shift from Gross Order Value (GOV) to NOV reporting, offering a clearer picture of customer spend after…
Zomato Instant was followed by Zomato Everyday, offering homestyle meals with short delivery times, but that too has since been removed from the app.
The latest leadership transition reflects Zomato’s strategic approach to navigating a maturing and increasingly challenging food delivery landscape,…
This program will specifically focus on Zomato’s delivery partners, aiming to provide financial education to over 50,000 gig workers across India.
Zomato, in a regulatory statement, clarified that the CCI issued a preliminary order on April 4, 2022, mandating the Director General's office to examine possible violations of the Competition Act.
Allegations include preferential treatment for specific restaurant partners, which the CCI had deemed worthy of scrutiny after a complaint from the National Restaurant Association of India (NRAI) in April 2022.
This fee increase follows Zomato’s strong Q2 performance, where the company reported a profit surge of 388.9 percent to Rs 176 crore.
Zomato's food delivery business is now profitable, and its quick commerce unit, Blinkit, is also nearing break-even, according to the company's management.
Zomato further clarified that it had provided relevant documents and judicial precedents in response to the show cause notice, but these appear to have been disregarded by the authorities in their decision.
The Tamil Nadu tax authority issued an Adjudication Order under Section 73 of the Central Goods and Services Tax Act, 2017, and the Tamil Nadu Goods and Services Tax Act, 2017.
He also shared that over 100 top companies are already using ZFE, and their feedback has helped shape this initiative.
Launched in August 2022, "Legends" was designed to offer consumers a selection of delicacies from ten cities across India, delivered directly to their homes.
Earlier this month, food delivery aggregator Zomato reported a multifold jump in consolidated net profit to Rs 253 crore for the April-June quarter of 2024-25 compared to Rs 2 crore in the year-ago period.
Copyright © 2009 - 2025 Restaurant India.