Tuesday May 22, 2018
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Fire in Kolkata’s 138-year old historic New Market

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Kolkata: A fire broke out in the 138-year-old historic New Market in the heart of Kolkata on Thursday night, police said. There were no reports of any casualty.

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Ten fire tenders rushed to the spot and brought the situation under control after fighting the flames for over an hour, police said.

The flower section inside the market’s old complex caught fire around 9 p.m., said an officer manning the city police control room.

This was the third fire incident in four months in the municipal market, the oldest in the city.

The Gothic architecture market complex was built by the then British rulers in 1873 to cater to their needs. Till some time back, the New Market – also called Hogg Market after then Calcutta Municipal Corporation chairman Sir Stewart Hogg – was the haunt of all fashionable Kolkatans. It is a heritage structure.

(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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