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Zomato to pay more to delivery partners, absorb fuel price rise impact

Zomato to pay more to delivery partners, absorb fuel price rise impact

With rising fuel prices pinching the pockets of its delivery partners, foodtech platform Zomato has put in place a revised pay structure for them which will now include a component of distance pay. It has also introduced a long-distance return pay which means for every long-distance order completed, its delivery partner would either receive another order within 15 minutes that would bring them back closer to their base working location or they will get an additional payout for travelling the extra distance.

Zomato CEO Deepinder Goyal said on Twitter that the company is not yet passing on this cost to customers.

EC to announce schedule for elections in West Bengal, Tamil Nadu, Assam, Kerala, Puducherry today

EC to announce schedule for elections in West Bengal, Tamil Nadu, Assam, Kerala, Puducherry today

The Election Commission of India (ECI) has called an important press conference on Friday at 4:30 pm. It is likely the commission will announce the dates for elections in West Bengal. Apart from that, dates for polls in Assam, Kerala, Tamil Nadu and Puducherry may also be announced.

The ECI said it will hold a press conference at 4.30 p.m. in Delhi's Vigyan Bhawan.

Covid-19: India records 16,577 fresh infections, 120 deaths in 24 hours

Covid-19: India records 16,577 fresh infections, 120 deaths in 24 hours

India recorded its single-day increase in coronavirus cases above 16,000 for the second consecutive day as the infection tally rose to 1,10,63,491, while the recoveries have surged to 1,07,50,680,according to data updated by the Union Health Ministry on Friday.

A total16,577infections were reported in a day, while the death toll increased to 1,56,825 with 120 new fatalities, the data updated at 8 am showed.

No lockdown but may impose night curfew if needed: MP CM Shivraj Singh Chouhan

No lockdown but may impose night curfew if needed: MP CM Shivraj Singh Chouhan

In wake of rising COVID-19 cases in India, Madhya Pradesh Chief Minister Shivraj Singh Chouhan has warned that night curfew might be reimposed in the state if required to curb the spread of the virus. The CM also urged people not to travel to Maharashtra as the state has witnessed a significant rise in the caseload.

In his address to the people, Chouhan advised labourers to avoid travelling to neighbour state Maharashtra in search of work due to the COVID-19 situation there.

Can't say when petrol, diesel prices will be reduced: Finance Minister

Can't say when petrol, diesel prices will be reduced: Finance Minister

While petrol and diesel continue to sell at all-time high prices, Union Finance Minister Nirmala Sitharaman said on Thursday that she won't be able to answer when the fuel rates will be reduced.

As per a report by news agency ANI, she was asked about when the Centre will reduce fuel prices during an event in Ahmedabad. I won't be able to say 'when'. It is a 'dharam sankat' (dilemma), she replied.

Sonu Sood comes to the rescue of Jhansi villagers, promises to tackle water scarcity by installing handpumps

Sonu Sood comes to the rescue of Jhansi villagers, promises to tackle water scarcity by installing handpumps

Bollywood actor Sonu Sood, who has been in the limelight because of his philanthropic work, recently extended support to a village in Jhansi after a man approached the actor with the concern of no water in his village, due to which the villagers were facing problems.

In order to help the villagers, 47-year-old Sonu Sood started the work of getting hand pumps installed there.

Bharat Bandh: As traders call for nationwide strike, here's what remains closed, what is open

Bharat Bandh: As traders call for nationwide strike, here's what remains closed, what is open

Over 8 crore traders across the country have called for Bharat Bandh on Friday demanding a review of the Goods and Services Tax (GST). In support of this decision, the All India Transporters Welfare Association (AITWA) has announced a strike from 6 am to 8 pm.

Meet 62-year-old Navalben who sold more than Rs 1 crore worth of milk in a year

Meet 62-year-old Navalben who sold more than Rs 1 crore worth of milk in a year

In an inspiring tale of hard work and determination, a 62-year-old woman from Gujarat has reached new heights through her business acumen and entrepreneurial capabilities. Many would be surprised to know that she accomplished so much by selling milk. This exemplary woman is Navalben Dalsangbhai Chaudhary, who belongs to the Nagana village in the Banaskantha district of Gujarat.

The 62-year-old woman went against all the odds and managed to make a remarkable achievement.

Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering

Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering

Bharti Airtel has successfully priced its debt fund raising of $1.25 billion through the issuance of its first ever dual-tranche $ bond offering spread across senior and perpetual issuance. This is the largest issuance by any Indian Investment Grade issuer since January 2019.

Airtel has priced $750 million of senior 10.25-year bonds at a yield after adding 187.5 basis points (bps) over the US Treasury, for an implied coupon of 3.25 per cent.

LPG prices again hiked by Rs 25, third time in February

LPG prices again hiked by Rs 25, third time in February

For the third time in this month, the price of LPG gas cylinder has been hiked. The Indian Oil Corporation Ltd (IOCL) on Thursday increased the price of 14.2kg LPG cylinder by Rs 25.

Earlier, the prices were increased on February 4 and February 14.

In December, the price of LPG cylinder was increased twice. On December 1, its rate was increased from Rs 594 to Rs 644 and then on December 15, its price was again increased to Rs 694.

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