Also in the letter:
■ Kaynes semicon plans
■ Bluestone Q1
■ QuantE funding
Zomato, Swiggy plan to pass on Rs 180-200 crore GST burden

While ecommerce basks in the GST glow, food delivery platforms are dealing with a fresh blow.
The GST Council has ruled that platforms such as Zomato and Swiggy must now pay 18% GST on behalf of their gig workers. This change is expected to cost both firms Rs 180–200…