Restaurants body gives CCI more info on Swiggy-Zomato practices indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
A much-talked-about IPO by an Indian tech unicorn is finally all set to arrive.
Restaurant discovery and food delivery firm Zomato today (July 8) said it will launch its initial public offering (IPO) on July 14. The Gurugram-based company is looking to raise Rs9,375 crore through the IPO, where it will offer shares at a price between Rs72 and Rs76 apiece, it said in its press conference. Zomato’s IPO plan was approved by the Securities and Exchange Board of India on July 5.
“We will utilise the IPO proceedings for funding organic and inorganic growth initiatives, and for general corporate purposes,” Zomato’s chief financial officer Akshant Goyal said.
Bengaluru s Pub Puzzle: Guzzle On Bottled Beer But Draught Is Out
Pubs that serve draught will remain closed for now.
Ajay Sukumaran 09 July 2021, Last Updated at 7:28 am
Currently, those with attached RVB licenses can still function under their general liquor license, the caveat being they cannot serve draught beer Ajay Sukumaran 2021-07-09T00:23:52+05:30 Bengaluru s Pub Puzzle: Guzzle On Bottled Beer But Draught Is Out outlookindia.com 2021-07-09T07:28:57+05:30
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In India s original pub city, there s currently a riddle over how you can have your beer served poured out from a bottle or drawn from a tap. As lockdown restrictions have mostly unwound in Bangalore, businesses are now open to customers – this includes bars and restaurants, of course, with early night deadlines and Covid guidelines. Pubs that serve draught, however, will remain closed for now.
Time To Reinvent : Pianist Arjun Gupta On Returning to Live Jazz Gigs in Post Lockdown India sputniknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sputniknews.com Daily Mail and Mail on Sunday newspapers.
NRAI set to launch own loyalty app as spat with Zomato, Swiggy escalates
Synopsis
Zomato and Swiggy which revolutionised food deliveries, search and discounting, notched record numbers during the lockdown months, when the restaurant industry was entirely dependent on deliveries for survival.
Restaurant industry body NRAI has revived plans to launch a loyalty programme app within two months amid an escalating face-off between restaurants and delivery aggregators Swiggy and Zomato over alleged deep discounting, data masking and violation of platform neutrality.
“We are looking at a launch by August-September,” said Anurag Katriar, president of National Restaurants Association of India (NRAI) that represents more than 500,000