Zomato to deliver food in 10 minutes

Zomato, which also once touted using deliveries by drones, said today starting next month it will begin delivering food in 10 minutes in its home city of Gurugram in what appears to be a first by any food delivery firm across the globe. The company is calling this new service Zomato Instant.

In a blog, Zomato CEO Deepinder Goyal said customers are increasingly demanding “quicker answers to their needs”, and that sorting restaurants by fastest delivery time is one of the most used features on the Zomato app.

“Nobody in the world has so far delivered hot and fresh food in under 10 minutes at scale, and we were eager to be the first to create this category, globally!” he said.

Goyal said the fulfilment of Zomato’s quick delivery promise will rely on its dense finishing stations’ network, located in close proximity to high-demand customer neighbourhoods.

RBI bar Paytm Payments Bank from adding new customers

The Reserve Bank of India’s March 11 move to bar Paytm Payments Bank from adding new customers could be due to several reasons including violation in following norms related to Know Your Customer (KYC), data storage, data privacy and outsourcing of data, among others, said experts.

“Adding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report of the IT auditors. This action is based on certain material supervisory concerns observed in the bank,” the regulator said.

Paytm Share Impact

The regulation comes months after One97 communications shows dramatically down move in its stock price. One97 communications share price was touched a high price of 1955 RS on its first listing day and now the price is playing around in 750 range. It wasn’t even showing any recovery symptoms after the war when other stocks rallied from the bottom.

We need to see the effect of new regulation on monday. The regulation news spread after the market hours of Friday which helped Paytm from a large fall today.

Flipkart is planning for a Big Saving Days sale starting this Saturday, March 12. The Big Savings Sale be there for five days, which will be live until March 16. The Big Savings sale is aimed to bring deals, discounts, and offers on various mobile phones, smartwatches, laptops, cameras, and Bluetooth speakers. Devices including the iPad Air (2020), Lenovo Yoga Tab, and the Realme Watch 2 will get discounts during the sale. During the upcoming sale on Flipkart in 2022, the customers will enjoy special bank cashback offers on purchases for SBI card customers and with your credit and debit card, you can get up to 10% extra cashback as well. Also, the Flipkart sale will also bring limited-period deals and offers to pick at specific timings. The sale will also have early access privilege for Flipkart Plus members.

Smart Phone Offers

The Flipkart Big Saving Days sale will bring fantastic deals and offers on almost all mobile phones from Apple, Realme, Poco, and Samsung. Customers using an SBI credit card will also get a 10 percent instant discount on a various range of models. Additionally, we can expect various exchange discounts and no-cost EMI options with the latest released models.

Other Electronic Devices offers

The Flipkart sale is also teased to have offers specifically on smart and Bluetooth speakers as well. Also as per the teaser, there will be offers for truly wireless stereo (TWS) earbuds from companies such as Realme and OnePlus with up to 80 percent discount. In addition to that, some of the smartwatches also aimed to have discounts during the Flipkart sale. That includes the Dizo Watch 2, Realme Watch 2, Fire-Bolt Ninja Pro Max, and the Amazfit Bip U. As usual we can expect special deals on laptops from brands including Asus, Dell, HP, and Lenovo. There will also be discounts and offers on DSLRs and mirrorless cameras and soundbars. With this Flipkart sale, you can now save big, even when you spend more on shopping.