Zomato has increased its platform fee, aiming for better profits. This move puts it ahead of rival Swiggy in charges. Analysts believe this will boost Zomato’s earnings without hurting customer demand significantly. Competition in quick commerce is also intense, but players are focusing on expansion rather than just price wars. Demand for food delivery remains strong.
ICICI Bank closes in on HDFC Bank for Nifty’s top spot as share trends diverge
As ICICI Bank approaches HDFC Bank’s Nifty index dominance, the dynamics of the market are changing. HDFC Bank’s index weight has dropped considerably this year,