ITC Hotels said on Friday that it has partnered with the on-demand delivery platform Swiggy to offer ITC’s dining options to customers in the comfort of their home. ITC Hotels said Swiggy will enable ‘no contact’ deliveries on all pre-paid orders, which involves a delivery partner leaving the food at the doorstep rather than an […]
Twitter flags Trump’s Minneapolis tweet for glorifying violence
Twitter on Friday sounded an all-out war against US President Donald Trump by flagging a fresh tweet from him that violated Twitter policies about glorifying violence. Twitter placed a public interest notice on the latest Tweet from Trump that read: “….These THUGS are dishonoring the memory of George Floyd, and I won’t let that happen. […]
Indian users target of ‘state-backed’ attackers: Google
Google notified between 51 to 100 users in India that their accounts were being targeted by “state-sponsored” attackers in April, the technology giant said in a blog released late on Wednesday. The post did not specify if the users were targeted by their own government or others. Globally, Google sent out 1,755 warnings to users […]
Online food orders still down 60% from pre-Covid-19 days
India’s online food delivery order volumes continue to remain down by over 60% from the peak reached in the first two weeks of March, according to data from Israel’s Superfly Insights, which collated it through anonymised billing information. “We are seeing some growth coming back, but still not at a pre-Covid-19 level and it’s so […]
Google Pay ties up with Dunzo for essentials
Google Pay, the payments platform of Google India, has on-boarded hyperlocal delivery startup Dunzo on its platform as a storefront, at a time when demand for grocery and essentials remains high. This means one can run any task — grocery delivery, medicine delivery, pickup-and-drop — by using the Dunzo tab inside the payments app. Dunzo, […]
Donald Trump escalates war on Twitter, social media protections
President Donald Trump escalated his war on Twitter and other social media companies Thursday, signing an executive order challenging the lawsuit protections that have served as a bedrock for unfettered speech on the internet. Announced with fanfare, the president’s action yet appeared to be more about politics than substance. He aims to rally supporters after […]
Paytm Mall in talks for Grofers stake as SoftBank pushes for consolidation
Illustration: Rahul Awasthi Online retailer Paytm Mall has held talks with e-grocer Grofers for a potential investment, multiple people in the know told ET, adding that the ongoing discussions may even lead to a merger. Japanese conglomerate SoftBank, a common investor in Paytm Mall and Grofers, initiated the deal talks, sources said. “SoftBank does not […]
MeitY fast-tracks work on Rs 5,000 crore fund-of-funds
Illustration: Rahul Awasthi The Ministry of Information Technology (MeitY) is fast-tracking its ambitious Rs 5,000 crore fund-of-funds targeted at deploying much-needed domestic capital into India’s software products ecosystem, as the government looks to reopen the economy in a phased manner after a two-month lockdown. MeitY officials are expected to approach the finance ministry as early […]
Explaining how bank loans work
There are a lot of people, apparently, who don’t understand that when a business owner takes a loan, they are personally on the hook for that loan. And if there is a forgiveness feature, as is the case with the Payroll Protection Program, that forgiveness feature has to be applied for and approved. And if […]
ETtech Top 5: Bullish scooter rental startups, BookMyShow layoffs, Amazon’s private labels & more
Happy Thursday! India’s strict nationwide lockdown ensured that public transport remained off the roads for over two months, restricting commute options for healthcare workers, civic authorities, and delivery executives. Some states are now contemplating a cap on the number of passengers who can travel at any given time. As businesses and mass transit systems reopen […]