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Zomato increases mandatory platform fee to Rs 5

New Delhi, April 21 (IANS) Online food delivery platform Zomato has hiked its platform fee by 25 per cent to Rs 5 per order. Zomato introduced a platform fee of Rs 2 in August last year and later increased it to Rs 3 to improve its margins and become profitable.Buoyed by record food orders on New Year’s Eve, the food delivery platform in January…
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Earnings season, global cues to shape market trends

New Delhi, April 21 (IANS) Markets will continue to focus on the earnings season and global cues in the upcoming week.Vinod Nair, Head of Research, Geojit Financial Services, said GDP, PMI, and jobless claims data from the US next week will…