Zomato food delivery boys on strike against delivering beef, pork : Bulletin: Business Today
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Zomato food delivery boys on strike against delivering beef, pork

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August 12, 2019

Article 370 aftermath: Delhi Metro on high alert; Commuters asked to cooperate with security checks

Ahead of Independence Day, the Delhi Metro Rail Corporation (DMRC) has issued a red alert on the metro rail network in the capital as advised by the security agencies. The move has come after the central government scrapped Article 370 in Jammu & Kashmir (J&K).

PM Modi says will extend all possible help to support honest businesses

Prime Minister Narendra Modi has said he would leave no stone unturned to make India a "best investment destination". He assured that the Centre would continue to "aggressively push public sector investment" and said the government would extend all possible help to support "honest and law-abiding businesses". During an interview with the Economic Times, PM Modi said the government was "committed to fulfilling the five-year vision of investment-led growth, with a target of Rs 100-lakh crore".

Reliance Industries AGM: Mukesh Ambani may launch Jio GigaFiber, Jio Phone 3 today

Reliance Industries Ltd (RIL), in its 42nd annual general meeting, is expected to make big announcements about the launch of much-awaited Jio GigaFiber and Jio Phone 3. GigaFiber, which is a combo service of broadband, fixed and television, could also be a market disruptor like Reliance Jio. In the company's last annual general meeting, RIL Chairman Mukesh Ambani had laid out plans to come up with a fibre-to-the-home (FTTH) service. While Jio GigaFiber is undergoing trials in several cities, Mukesh Ambani could today announce the official launch date across 1,600 cities in India.

Zomato controversy: Food delivery boys cry foul; to strike from Monday against delivering beef, pork

Food delivery app Zomato has courted yet another controversy, this time it is within the company itself. The food delivery boys of Zomato have decided to go on strike from Monday protesting that the food being delivered by them hurts their religious sentiments. The executives have objected to delivering beef or pork during the festive celebrations of Bakrid or Eid al-Adha this week. They have also refused to deliver the food which is against their religious beliefs.

FM Sitharaman meets realtors, homebuyers; govt assures steps to boost liquidity, demand

The government said it will soon address issues affecting the real estate sector after industry bodies and homebuyers met Finance Minister Nirmala Sitharaman to flag their concerns regarding liquidity crunch, demand slowdown and stalled projects. Housing and Urban Affairs Minister Hardeep Singh Puri, Minister of State for Finance Anurag Thakur and top officials from the departments of economic affairs, revenue, housing, CBDT, corporate affairs and RERA were also present in the meetings.

Godrej Consumer's Vivek Gambhir highest paid FMCG CEO in FY19

Godrej Consumer Products Ltd (GCPL) MD and CEO Vivek Gambhir was the highest-paid FMCG honcho in FY19 followed by HUL's Sanjiv Mehta, according to information from both the companies' annual reports. While Gambhir received a total compensation of Rs 20.09 crore, Mehta took home Rs 18.88 crore. Both Godrej and HUL are amongst India's top FMCG players.
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