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Zomato CEO Goyal says aware of fraud at delivery agents' end, fixing it

Zomato CEO Goyal says aware of fraud at delivery agents' end, fixing it

After an entrepreneur complained in a LinkedIn post that a Zomato delivery agent advised him to cheat the company by paying some money directly to him and enjoy the food, the company's Founder and CEO Deepinder Goyal said he is "aware" of this fraud and is "working to plug the loopholes".

Vinay Sati posted that a Zomato delivery agent suggested that from next time, pay him Rs 200 or Rs 300 and enjoy food worth Rs 1,000.

PM to address public meeting, inaugurate projects in Hyderabad on Feb 13

PM to address public meeting, inaugurate projects in Hyderabad on Feb 13

Prime Minister Narendra Modi will visit Hyderabad on February 13 to inaugurate or lay the foundation stone for various projects and address a public meeting.

He was scheduled to visit the city on January 19 but the visit was postponed.

The Prime Minister was to flag off Secunderabad-Visakhapatnam Vande Bharat train and dedicate it to the nation and lay the foundation stone for several projects worth more than Rs 7,000 crore.

YES Bank reports surprise 80% plunge in Q3 profit to Rs 51 cr as NPAs rise

YES Bank reports surprise 80% plunge in Q3 profit to Rs 51 cr as NPAs rise

Yes Bank reported a surprise 80 per cent plunge in quarterly profit on Saturday as provisions for bad loans increased.

Net profit fell to Rs 51.52 crore ($6.36 million) for the three months through December from Rs 266 crore in the same period a year earlier. Analysts had expected profit to rise to Rs 336 crore, according to Refinitiv IBES data.

UltraTech Cement quarterly profit falls 38% due to surge in expenses

UltraTech Cement quarterly profit falls 38% due to surge in expenses

India's top cement maker, UltraTech Cement, reported a 38% decrease in quarterly profit on Saturday, dented by a surge in expenses.

Profit for the three months through December fell to Rs 1,062 crore ($131.2 million) from Rs 1,710 crore the same period a year earlier, UltraTech said in an exchange filing.

New update in Twitter will stop forcing 'For You' timeline on users: Musk

New update in Twitter will stop forcing 'For You' timeline on users: Musk

Twitter CEO Elon Musk on Saturday announced that the upcoming update of the micro-blogging platform will make it less mandatory for users to use the "For You" algorithmic timeline.

Musk tweeted: "Next Twitter update will remember whether you were on For You (ie recommended), Following or list you made & stop switching you back to recommended tweets."

PM Modi can play key role in Ukraine-Russia talks: French journalist

PM Modi can play key role in Ukraine-Russia talks: French journalist

There is a need for someone who can bring Ukraine and Russia to the table for talks and Indian Prime Minister Narendra Modi can play a key role in facilitating the negotiations between the two warring neighbours, a veteran French journalist said.

However, at this moment it looks "extremely difficult" because Ukraine does not want to hold discussions and wants the International Court of Justice (ICJ) to judge Russian President Vladimir Putin, Laura Haim said on Friday.

Odisha collects Rs 28,973 cr mining revenue in current financial year

Odisha collects Rs 28,973 cr mining revenue in current financial year

The Odisha government has collected a total of Rs 28,973.43 crore revenue from mining up to January 17 of the current financial year, state Steel and Mines Minister Prafulla Mallik here on Friday.

As against Rs 11,020 crore and Rs 13,791 crore of mining revenue collected during 2019-20 and 2020-21, the state has been able to collect Rs 49,858 crore of mining revenue during 2021-22, he said.

India reports 145 new coronavirus cases, active tally down to 1,946

India reports 145 new coronavirus cases, active tally down to 1,946

India logged 145 new coronavirus infections, while the active cases dipped to 1,946, according to the Union Health Ministry data updated on Friday.

The Covid case tally was recorded at 4.46 crore (4,46,81,650).

The death toll stands at 5,30,728, the data updated at 8 am stated.

SaaS company Icertis lays off employees despite raising impressive funds

SaaS company Icertis lays off employees despite raising impressive funds

Software-as-a-Service (SaaS) company Icertis has laid off employees, mostly from its sales and marketing vertical, despite raising impressive funds last year.

Seattle-based Puget Sound Business Journal reported that the the company didn't specify how many workers have been asked to go.

Tanishq enters American market; first store inaugurated by Senator Menendez

Tanishq enters American market; first store inaugurated by Senator Menendez

Tanishq, India's leading jewelry retail brand from the house of Tata, has entered the American market and its first store, in New Jersey's Little India, was inaugurated by Senator Robert Menendez this week.

"Oak Tree road is the jewelry capital of New Jersey," Menendez, Chairman of the powerful Foreign Relations Committee, told a gathering of jewelers, local businessmen and Indian Americans.

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