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Funds sanctioned for function halls in Hyderabad

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Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) has sanctioned Rs.90 crore for constructing 31 multi-level function halls in the city.  Falak_palace

GHMC commissioner Somesh Kumar on Friday issued orders inviting tenders for the projects. The tender process will be completed by August 10 and work will start immediately.

Each three-storeyed hall in an area of 2,000 square feet will be constructed at a cost of Rs.2.5 crore to Rs.3 crore and will have a capacity of 1,000 people.

The GHMC official said the function halls will be rented out for marriages, exhibitions, meetings and other functions.

The municipal corporation has already identified the land for building the halls.

It has drawn plans to construct 50 function halls. Under the first phase, 31 buildings will be constructed. The municipal body plans to build at least two halls in each of its 18 circles.

(IANS)

 

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Swiggy to use digital payments for delivery fleet

Founded in 2014, Swiggy aims to "change the way India eats" and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others

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Another step towards digitizing India
Encouraging Digital Transactions by exempting service tax on Cards (Wikimedia commons)
  • Swiggy is an online food ordering platform
  • It will now allow digital payments for delivery feet
  • this method will prevent any leakage in cash payment process

Online food ordering and delivery platform Swiggy on Monday said it would use privately-run ICICI Bank to allow its delivery fleet to make digital payments.

“Through the use of Unified Payment Interface (UPI)-based solution for instant fund transfers and automated cash deposit machines at ICICI Bank branches and ATMs across the country, the delivery fleet will have a hassle-free way of transferring funds,” the company said in a statement. Swiggy operates with a fleet of over 20,000 delivery persons delivering food from over 25,000 restaurants across 12 cities.

These digital payments will prevent leakage in cash payments. Wikimedia Commons

With cash-on-delivery being a widely used method of payment on the platform, the digital payment methods allow the delivery men to quickly transfer the funds to Swiggy, saving their time, according to the statement.

“With the delivery fleet being the backbone of Swiggy, the adoption of the digital payment solutions will support the ease of operations and save their time and thousands of kilometres of travel,” said the company’s Chief Financial Officer (CFO) Rahul Bothra in the statement. The digital payment methods will also help in preventing any cash leakages, the company said.

Also Read: Rise Of Digital Media Unstoppable: Experts 

Founded in 2014, Swiggy aims to “change the way India eats” and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others. IANS

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