The drone ecosystem in India is stuck due to three issues: lack of ownership within the government, non-operational Digital Sky platform, and the NPNT guidelines

Following the completion of this round of funding, Info Edge's shareholding in Zomato will reduce to about 25.13 per cent on fully converted and diluted basis 

Mukesh Ambani-led Reliance Industries has ended state-owned Indian Oil Corporation's 10-year reign as India's largest company to top Fortune India 500 list. RIL is the first privately-held company to become the largest corporation in India in 10 years, said Fortune India. Global ratings agency Moody's Investors Service on Monday lowered India's gross domestic product growth projection for the fiscal year 2019-20 to 4.9 per cent from 5.8 per cent, citing weak household consumption. With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand and more news on News Blast.

Moody's slashes India GDP forecast to 4.9% for FY20 citing weak consumptionGlobal ratings agency Moody's Investors Service on Monday lowered India's gross domestic product growth projection for the fiscal year 2019-20 to 4.9 per cent from 5.8 per cent, citing weak household consumption. Moody's said that India's weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors.Reliance Industries ends IOC's 10-year rei...

Swiggy's total expenses shot up to Rs 3,659.1 crore in FY19 from Rs 841.4 crore in the same period last year. The foodtech unicorn spent Rs 1,681.2 crore on operational costs, of which food delivery costs alone stood at Rs 1,594 crore in FY19

While the RSS-affiliated BMS is satisfied with the Code for accepting many of its demands, the Left-affiliated CITU sees a paradigm shift with the power to formulate substantive provisions for social security being handed over to executive - thus, removing democratic and participatory content in legislations

The company recently announced plans to raise up to $600 million (around Rs 4,277 crore) by next month in a new funding round

Bahar Ka Khana has become a way of life and an average Indian is no longer apologetic about serving restaurant-cooked food to her guests at home

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Zomato Founder & CEO Deepinder Goyal said that the company has hired 2.5 lakh people in the last 18 months alone. He also added that the company now serves 48 million people every month

According to the survey, 34 per cent Indians want to dine out while 18 per cent prefer take-away

The Silicon Valley company has run into regulatory barriers and a backlash in several markets, forcing it to withdraw completely from places such as Copenhagen and Hungary

This is the first year when the data has been compiled separately for food samples found to be unsafe, substandard and with labelling defects

Admirers of Indian food, Indians and foreigners alike, called Tom Nichols flavourless, mistaken and even wrong

When it comes to the Indian food delivery market, UberEats is a distant third in comparison to its rivals Zomato and Swiggy that clock around 2-2.5 million orders every day

Zomato founder Deepinder Goyal lauded the delivery executive for his actions and said that the delivery partners inspire them to do better everyday

Zomato food delivery executive Meghana Das, is all set to contest from the Mannagudda ward in Karnataka a bid to win the polls and improve the condition of roads which are full of potholes

CEO Sriharsha Majety said it won't be many years before they can become the third-largest source of employment in the country.

The company plans to invest the fund into expanding from existing 1.2 million homes to 15 million homes in the next 15 months