Friday, May 2, 2025

Eternal Q4 report: Net profit plummets on Blinkit losses; food delivery stays in the slow lane

In an indication of rising dependence on food delivery for consolidated profits, the parent of Zomato and Blinkit shut down its 15-minute food delivery service, Quick, and its homely meals offering, Everyday. But food delivery too registered slow growth.

from Tech-Economic Times https://ift.tt/WuxEsZM

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...