Zomato, Swiggy call claims of antitrust probe by CCI as ‘misleading’
Zomato addressed the claims of the antitrust investigation by the Competition Commission of India (CCI) into its business practices, and called them “misleading”.
Zomato addressed the claims of the antitrust investigation by the Competition Commission of India (CCI) into its business practices, and called them “misleading”.
Online food aggregator Zomato on Tuesday reported over 30 per cent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25).
The transfer will also include 280 existing employees from the entertainment ticketing business at the company.
Announced on the occasion of Raksha Bandhan, the international order service on the platform is available till August 19, the company said in a statement.
Online food delivery platform Zomato has received a fresh Goods and Service Tax (GST) demand notice for about Rs 9.45 crore with interest and penalty.
Zomato received a tax demand, interest, along with penalty, to the tune of Rs 23.26 crore from Assistant Commissioner of Commercial Taxes (Audit), Karnataka, the company said on Sunday.
Earlier, the riders for ‘pure veg mode’ were supposed to wear only green uniform, not the Zomato’s colour red.
In light of recent inquiries and speculations concerning Paytm's availability as a payment method on service providers including Uber, Swiggy, Zomato and other platforms, Paytm has come forward to address and clarify the situation for its users and stakeholders.
Notably, the food delivery platform incorporated ZPPL in August 2021 with an initial subscription of 10,000 equity shares of Rs 10 each, aggregating to Rs 1,00,000.
The quick grocery and food delivery platforms received huge orders as revellers preferred to stay home to celebrate the New Year.
