Zomato new menu - Radium News

‘Working on a new menu’: Zomato says it won’t shut its 10-minute food delivery service

On Monday, food delivery service Zomato denied media claims that Instant, its 10-minute meal delivery service, was being shut down. It was rumoured that Zomato is shuttering its 10-minute meal delivery service, “Zomato Instant,” less than a year after it launched in an effort to become profitable in the face of difficult market conditions. “Instant […]

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maruti

With effect from January 2023, Maruti Suzuki plans to raise automobile costs, citing inflation

Maruti Suzuki India, an automaker, announced on Friday that it intends to raise prices on all its models starting in January 2023. It cited cost challenges brought on by inflation and regulatory obligations. The automaker said in an exchange filing, “While the company makes the maximum effort to reduce cost and partially offset the increase,

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Essar Group intends to build a Rs 40,000 billion petrochemical facility in Odisha

In a partnership with a major business, Essar Group intends to build a Rs 40,000 crore petrochemical complex in Odisha, the company announced in a statement on Thursday. According to the statement, the oil to the petrochemical complex will have an annual capacity of 7.5 million tonnes. It did not give the identity of the

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Electronics and telecom sectors would create more than 10 million employment over the next two years: Minister Ashwini Vaishnaw

When launching the National Level Start-up Initiative organised by the Software Technology Park of India (STPI) and Electronics and Computer Software Export Promotion Council, Ashwini Vaishnaw, Minister of Railways, Communications, and Electronics and IT, claimed that the electronics and BPO sector could add millions of new jobs (ESC).  He claimed that in the next two

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Since the maker of the iPhone has threatened to “withhold Twitter,” Elon Musk may “Go to War” with Apple

Elon Musk announced his intention to “Go to War” against Apple. The CEO of Twitter has voiced his discontent with Apple’s 30% levy on software sold through the Apple Store. According to Musk, Apple has threatened to exclude Twitter from its App Store. The software is still accessible on the App Store, though. Elon Musk

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OYO IPO Launch

IPO-bound OYO discloses a net loss of Rs. 333 crore; EBITDA increases by 8x

OYO, a travel tech business, posted a net loss of 333 crore rupees in the second quarter, down from 414 crore rupees in the first quarter. The Securities and Exchange Board of India (SEBI) received the company’s H1 results on Saturday. In the first and second quarters, OYO’s adjusted EBITDA increased eight times, from Rs

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