Swiggy can employ 3 million people in 18 months

-


New Delhi, 19 October 2019, Saturday

Food delivery startup Swiggy could be the largest private company providing employment for people with a bluecolor job

The company is planning to hire 3 lakh delivery executives in the next 18 months. After that, the number of people working in the company will exceed 5 lakh

According to the annual meeting of Swigerina Co-Founder and CEO, Mr. Harsh Majetti, if his growth estimate remains unchanged, in the short term, he will become the most employed source of troops and railways.

The Indian Army has 12.5 lakh troops while by March 2018, the railway had more than 12 lakh staff. The IT company TCS has 4.5 lakh employees. The company is also the largest employer operating in the private sector. Most engineers work in it.

Currently Swiggy has 2.1 million monthly delivery staff and 8,000 corporate employees on payroll. Delivery staff do not receive the same benefits as PF because they are not on payroll.

Swiggy is called an active delivery partner who has to deliver at least once a month. However, in this work Swiggy can also hit Zomato. They have 2.3 lakh delivery executives.

Flipkart, an e-commerce company, currently has 1 million delivery executives. During the festive season the number of delivery staff on Amazon and Flipkart increases. Ola and Uber also have millions of employees in providing app based cab service.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more