Brand Updates

 
Pet owner drags Zomato to court over missing dog

Thursday, October 17, 2019, 10:20 AM

Pet owner drags Zomato to court over missing dog

A week after her two-month-old pet dog was allegedly taken away by a food delivery executive, Vandana Shah has filed a public interest litigation (PIL) in Bombay High Court (HC) against food aggregator Zomato. Her plea is that identification documents, like Aadhaar, of delivery executives should be made available to customers. In the PIL, Shah has urged that while delivery professionals possess all details of those who have placed the orders, the latter have nothing on them. Shah’s pet beagle, Dottu, went missing on October 7 from her factory-cum-residential premises on Karve Road. She and her family took to social media, requesting help to trace the puppy. A day after the pet went missing, she was able to find out that Dottu had been taken away by a food delivery executive. She managed to track down details of the person in question and called him.

Brand Updates

 
OYO, Zomato and Other Unicorns Come Together To Fight Online Fraud

Thursday, October 3, 2019, 11:15 AM

OYO, Zomato and Other Unicorns Come Together To Fight Online Fraud

In the face of increasing online frauds leading to financial losses, Indian tech giants have decided to come together to address the issue and save customers from such cybercrimes. A TOI report, citing people aware of the development, said that the companies who have taken cognizance of the issue are MakeMyTrip, OYO, Paytm, Swiggy, Zomato, and Uber. Last week, the companies together met the Reserve Bank of India (RBI) representatives and made a joint representation on the issue. The presentation also addressed the plan on how to curb these online frauds, which are reportedly engineered via fake toll-free numbers and serial bank account generators. These companies also shared a database of about 4,000 SIM card numbers and 350-400 bank account numbers with the RBI, State Bank of India (SBI) and the telecom companies. The tech giants have also reached out to Google about how its search engine is used by cybercriminals to make their fake toll-free numbers appear on top of search results.

Brand Updates

 
Coke, Pepsi, Bisleri partner to launch plastic waste management entity

Saturday, September 21, 2019, 5:45 PM

Coke, Pepsi, Bisleri partner to launch plastic waste management entity

Under pressure from an upcoming likely ban on single use plastic, beverage makers Coca-Cola India, PepsiCo and Bisleri on Thursday announced the setting up of a packaging waste management entity, aimed at what they said would create an efficient value chain for collection of plastic waste and optimise recycling processes. All three companies extensively sell packaged water in PET bottles, which they say is almost entirely recycled. Sweeping restrictions on single-use plastic bottles could have a far-reaching impact on the way these companies sell water, and they are seeking clarity on whether the likely ban will have any impact on the polyethylene terephthalate (PET) bottles that they use.

Brand Updates

 
Forum slaps Rs 15,000 fine on Dominos for delivering pizza with common fly

Thursday, September 19, 2019, 10:12 AM

Forum slaps Rs 15,000 fine on Dominos for delivering pizza with common fly

Next time when you order home delivery of pizza, take a good look at the product before consuming. The Additional District Consumer Disputes Redressal Forum in Nagpur slapped Rs 15,000 fine on the famous pizza chain Dominos for delivering a pizza with a dead fly on it which was fried with it. It included Rs 10,000 for physical and mental harassment and Rs 5,000 towards litigation. While partly allowing the complaint filed by Vivek Tiwari, a bench comprising president Shekhar Muley and members — Smita Chandekar and Avinash Prabhune — also asked the Dominos’ head office in Mumbai and its branch to refund Rs 723 with 12% interest from October 23, 2015, when the complained was lodged.

Brand Updates

 
45% users stop using shopping apps after 4 weeks of download

Thursday, September 19, 2019, 9:46 AM

45% users stop using shopping apps after 4 weeks of download

Indian e-commerce apps lose almost half (45%) of users within first four weeks of install — with users either uninstalling the app or going dormant — making investments into e-commerce platforms a leaking bucket. Globally, 42% of those who install shopping apps quit in a month’s time. The fiercely competitive sector is witnessing high churn and reduced engagement, shows data shared with TOI by marketing analytics firm CleverTap. With almost 80% of online shopping transactions happening through mobile apps, engaging app users will be key differentiators for e-commerce players this festive season. Further, next billion users are also expected to be exposed to e-retail through mobile devices. App stickiness for e-commerce is low with only 14 in 100 users continuing to be active at the end of the first week of app install, data shows.

Brand Updates

 
Goldman Sachs VP, ex-staffer held for siphoning off Rs 38.40 crore

Wednesday, September 11, 2019, 10:32 AM

Goldman Sachs VP, ex-staffer held for siphoning off Rs 38.40 crore

A 36-year-old Vice President of global investment bank Goldman Sachs, Ashwani Jhunjhunwala along with another former employee Vedanth Rungta have been arrested after being accused of siphoning off $ 5.4 million (approx. Rs 38.40 crore) through fraudulent transactions, according to the Bengaluru police. The main suspect Jhunjhunwala, who has been working with the company as VP – Foreign Exchange and Equity Settlements, for the past four years, is accused of committing the fraud after incurring losses of more than Rs 50 lakh in online poker and was believed to have been aided in the fraud by the former employee Rungta.

Brand Updates

 
UberEats to ride with its main app in India

Friday, September 6, 2019, 10:52 AM

UberEats to ride with its main app in India

Uber has started testing a new super-app interface in India that integrates food delivery and ride-hailing, multiple people familiar with the matter said. This will give customers an option to pick Rides or Eats with equal visibility — a prominent way to direct a rides customer to order food. The push to make Eats as prominent as rides comes just months after talks to sell its India food delivery business to Swiggy fell through. The move also indicates that the company plans to actively cross-sell different properties, beginning with nudging its riders to also become eaters.

Brand Updates

 
Coffee Day Enterprise appoints EY to scrutinize book of accounts

Friday, August 9, 2019, 9:28 AM

Coffee Day Enterprise appoints EY to scrutinize book of accounts

Coffee Day Enterprises on Thursday said it has appointed global accounting firm EY to scrutinize the books of accounts of the company and its subsidiaries. Besides, EY will also investigate into the circumstance under which Coffee Day Enterprises late founder V G Siddhartha had written the purported letter dated July 27, 2019, alleging harassment by the Income Tax department. The board of the company, in its meeting held on Thursday, also decided to appoint a person of eminence or a reputed firm as strategic corporate advisor.

Scam Alerts

 
Mantri Developers booked for cheating

Monday, July 29, 2019, 4:17 PM

Mantri Developers booked for cheating

A city-based businessman is among three investors who have filed complaints against Mantri Developers Pvt. Ltd. for allegedly cheating them of Rs 1 crore each by promising flats that would be delivered in 2016. The victims made a down payment of Rs 25 lakh, took Rs 75 lakh as loan and even paid EMIs for two years. However, neither was the flat given to them nor was the money returned, said Satyan R. Chawla, one of the complainants. The firm had promised them residential flats at Mantri Web City apartment complex on Hennur main road. Hundreds of customers made down payments and took loans for the rest of the money through a financial firm in 2014, the complainants said.

Brand Updates

 
KFC outlet fined Rs 5,000 for ‘lack of cleanliness in kitchen’

Tuesday, July 16, 2019, 6:21 PM

KFC outlet fined Rs 5,000 for ‘lack of cleanliness in kitchen’

Dehradun Municipal Corporation (DMC) and the state food safety department, in a joint operation, conducted a raid on an outlet of fast-food chain Kentucky Fried Chicken (KFC) situated at Rajpur Road (Dehradun) and imposed a fine of Rs 5,000 for “poor cleanliness in the kitchen and premises.” The food safety department has also collected food samples from the outlet which have been sent to a drug-testing laboratory in Rudrapur. Speaking to TOI, municipal health officer Dr. RK Singh said that the raid was undertaken under the leadership of Ramesh Singh, food safety inspector, Dehradun. “The outlet was picked up on a random basis for inspection as part of a routine drive to ensure that cleanliness standards are being followed by eateries in the city. However, we found that the outlet wasn’t disposing food waste properly for which we imposed a fine of Rs 5,000 on them,” he said.

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