‘A Routine Business Matter’: Deepinder Goyal’s Zomato Issues Fee Hike Clarification; Shares Dip And Netizens React

Business News

In the latest development regarding the platform fee hike, the food delivery giant Zomato issued a clarification on Thursday (October 24) after the stock exchange sought clarification on the matter. The company, today, in the response to it said, “At the outset, we would like to state that this is not a rumor, as the source of information mentioned in the article is the Zomato mobile application itself which is public and available for everyone to see and check. We have indeed increased the platform fee yesterday across certain cities. Such changes in our platform fee are a routine business matter and are done from time to time and may vary from city to city.”
BSE filing | Zomato’s platform fee hike As the festive season approaches, Zomato, has made a hike in its platform fee from Rs 7 to Rs 10 per order.

The company shared this update on Wednesday (October 23) through a message on its app, stating that this small increase is necessary to help cover costs during the busy holiday time.
The message read, “This fee helps us pay our bills to keep Zomato running. To maintain services during the festive season, it has increased slightly.”
Screengrab of the festive season platform fee | FPJ The company has raised the fee multiple times, starting with a platform fee of Rs 2 per order in August 2023 at the initial phase.Furthermore, the company made this hike a day after it announced the financial results for the quarter ending September 30, 2024. Apart of this, the food delivery giant’s rival, Swiggy has also increased the platform fee to Rs 10 ahead of this festive season.Zomato share performance The shares of Zomato on Thursday at 2:31 pm IST were trading at Rs 255.10 apiece, down by 3.39 per cent, following the hike by the platform.
share performance | The shares of the company today opened at Rs 267.20 and took to a low note of Rs 254.15 apiece during the intraday trading session Netizens Reaction to the Hike Netizens Reaction to the Hike

‘I’m a TV writer and these are my 9 best Halloween films and shows to watch on Disney+’

Arts & Culture, Film & TV

With Halloween just around the corner, spooky season is officially underway. Over at Disney+ there’s a whole host of horrifying films and shows perfect for a ‘HallowStream’. Whether you’re looking for a freaky film that’ll have you hiding behind the sofa or something the whole family can enjoy, there’s something for everyone to sink their…

‘I’m a TV writer and these are my 9 best Halloween films and shows to watch on Disney+’

Arts & Culture, Film & TV

With Halloween just around the corner, spooky season is officially underway. Over at Disney+ there’s a whole host of horrifying films and shows perfect for a ‘HallowStream’. Whether you’re looking for a freaky film that’ll have you hiding behind the sofa or something the whole family can enjoy, there’s something for everyone to sink their…

India’s Influence Continues to Grow in the USA

Technology

Sources: Data from U.S. Census Bureau 2010 and 2021 American Community Surveys (ACS), and Campbell J. Gibson and Kay Jung, “Historical Census Statistics on the Foreign-Born Population of the United States: 1850-2000” (Working Paper no. 81, U.S. Census Bureau, Washington, DC, February 2006), available online.       While the foreign press consistently talks about…

Food and winemakers named as finalists in NSW Tourism Awards

Travel

The NSW Tourism Association is thrilled to announce the finalists for the NSW Tourism Awards 2024, marking the first time they have hosted these prestigious awards.

This year’s award program celebrates the businesses and operators delivering exceptional visitor experiences across NSW, while highlighting the strength, pride and passion that drives the state’s vibrant visitor economy.
Two hundred award nominations were received this year, double that of previous years. The judging panel, featuring over 50 leading tourism experts, noted the increase in the quality of submissions, reflecting the growth in commitment to excellence across the state.
The NSW Tourism Awards serves as the only pathway for NSW visitor economy businesses to compete at the Australian Tourism Awards. As such, all entries were required to be assessed in line with the Quality Tourism Framework Sustainable Business Standards.
Natalie Godward, CEO, NSW Tourism Association, highlighted the award categories showcase the diverse range of businesses within the visitor economy. She also noted this year’s awards hold special significance as they were designed to unite and celebrate the achievements of the tourism sector.
“NSW Tourism Association is delighted to be hosting the awards for the first time and to lead the charge in recognising the amazing operators across NSW who are making great contributions to the visitor economy across our state,” she said.
“These awards recognise the exceptional standards in visitor experience and aim to unite the tourism community.
“This year, we’ve engaged more industry experts in the judging process to ensure every entrant meets the highest levels of quality through accreditation. It’s a reflection of our commitment to supporting the long-term success of tourism businesses across the state and to inspire continued growth.”
The list of food tourism nominations are: 

Calabria Family Wines
Cape Byron Distillery
Cupitt
Firescreek Winery
Food I Am
Frankies Restaurant and Bar
Husk Farm Distillery
Ladbroken Distillery Brewhouse
Love Lord Howe
McWilliam’s Wines
Pipit
Potager – A Kitchen Garden
Tocumwal Chocolate School

The winners will be announced on Thursday 28 November 2024 at the NSW Tourism Gala event at The Star Sydney incorporating the NSW Tourism Awards.
Find out more information about the awards and the finalists here.