NRAI calls on restaurants to adopt ONDC to counter 10-minute delivery by Zomato, Swiggy, ET LegalWorld
The senior leadership of the National Restaurant Association of India (NRAI) urged member restaurants to get on board Open Network for Digital Commerce (ONDC) to counter the duopoly of food delivery platforms Swiggy and Zomato, adding that the industry body is taking all measures including approaching the courts, the Competition Commission of India (CCI), as […]
Ordering from Swiggy, Zomato may get cheaper; health insurance exemption on cards, ET LegalWorld
Representative Image The GST Council is expected to discuss lowering tax rates on life and health insurance premiums during its meeting on Saturday. Simultaneously, it may consider increasing taxes on luxury wristwatches, footwear, and apparel, along with introducing a distinct 35% tax slab for sin goods. The 55th meeting of the GST Council, chaired by […]
CCI finds Zomato, Swiggy food delivery businesses breached antitrust laws, ET LegalWorld
An investigation by CCI found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show. Zomato entered into “exclusivity contracts” with partners in return for lower commissions, while Swiggy guaranteed business growth to certain players if they listed exclusively on its platform, […]