
FSSAI warns e-commerce platforms over food safety lapses
MUMBAI: Food regulator FSSAI warned e-commerce platforms of "severe action" if they fail to comply with food safety protocols. In a meeting on Tuesday with companies, CEO G Kamala Vardhana Rao directed platforms to share data pertaining to their warehouses, food handlers, and other relevant information with the authority to ensure transparency and compliance.
They were also asked to "prominently display" their FSSAI licence number on every receipt, invoice, and cash memo provided to consumers.
"The focus of the meeting was to strengthen food safety and hygiene practices throughout the entire e-commerce food supply chain. A key emphasis was also placed on the necessity for e-commerce entities to disclose comprehensive details of all warehouses and storage facilities linked to their operations on the FoSCoS (Food Safety Compliance System) portal," FSSAI said in a statement.
The possibility of displaying the date of expiry/use by for food products at the consumer interface was also discussed.
The development comes at a time when quick commerce platforms have come under scrutiny over food safety violations. Last month, the
Maharashtra
Food & Drug Administration (FDA) department suspended food business licenses of Zepto's Dharavi dark store and another managed by Blinkit in Pune's Balewadi area over food safety lapses and regulatory non-compliance. The licences were reinstated following inspection by authorities and adherence to compliance by the platforms. Several brands have started tightening their terms of contract with platforms and are renegotiating clauses related to storage, handling, and hygiene with them following the instances, TOI had reported.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
27 minutes ago
- Time of India
OpenAI to bring more products to India, make them affordable: Sam Altman
Academy Empower your mind, elevate your skills India is OpenAI 's second largest market after the US, and may become the largest as it's "incredibly fast growing," Sam Altman , cofounder and chief executive officer of OpenAI."We are especially focused on bringing products to India, working with local partners to make AI work great for India, (making) it more affordable for people across the country. We've been paying a lot of attention here, given the rate of growth," Altman said, answering a question from ET in a media briefing on Thursday. The briefing was held on the sidelines of the launch of GPT-5, OpenAI's latest and most awaited model launch of this the question of software engineers losing jobs due to advanced coding capabilities of GenAI models, he said there is "no evidence" of several companies are laying off employees in large numbers due to productivity gains being realised through GenAI. In India, too, large IT companies including Tata Consultancy Services (TCS) have announced plans to lay off at least 2% of their workforce. Several IT firms have said that close to 30% of their code is now being written through though, said "the world wants way more software.""We have badly underestimated the amount of additional software that the world has demand for," he said. "We're going to find out that there's unlimited demand for software, and that it'll be a huge unlock for economic growth and opportunity in the world and for related jobs with that."He said OpenAI has "tools that let software engineers be way more productive, and the cost of creating software (will) come down.""AI will use coding as the way to create new interfaces, as a way to sort of share richer experiences, (and) as a way for people to collaborate with each other," he added. Commenting about governments such as those in Australia trying to regulate AI, Altman said different countries are going to try different approaches to AI regulation and that OpenAI will respect laws of different countries."But all world leaders want to make sure that AI thrives in their country, and that the economic growth, the societal benefits of that also come," he added. Altman said he will visit India again in AI claimed GPT-5 has higher thinking and reasoning skills than other GenAI models, and that it is significantly less likely to hallucinate. The company said the model is more "reliable" and will be free of Turley, head of ChatGPT , said GPT-5 significantly improves multilingual understanding across over 12 Indian languages. "That's really exciting, because, as Sam (Altman) mentioned, India is a priority market for us," he said at the same press briefing. Earlier this week, OpenAI launched two new open-source AI models, marking its first release of this kind since GPT-2 over five years ago."I don't think GPT-5 is AGI (artificial general intelligence) yet, but we are clearly making progress towards incredibly capable systems," Altman said. "This idea that you have a system that can answer almost any question, do some tasks, write software for you, whatever, at PhD levels of expertise, and that this is available freely to anyone in the world (is special)."Altman said a lot more infrastructure needs to be built globally to have AI locally available in all markets.


Economic Times
4 hours ago
- Economic Times
Trade Desk stock collapses 28% after Q2 shock — is this the beginning of the end for ad tech's golden run?
Synopsis Trade Desk stock took a massive 28% nosedive after the company's Q2 2025 earnings report left Wall Street stunned. While the ad tech giant posted solid revenue growth and beat on adjusted earnings, weak guidance for the upcoming quarter shook investor confidence. Even with strong customer retention and the growing impact of its AI-driven Kokai platform, the market reacted sharply to the lack of near-term optimism. Leadership changes and expanding ad tools weren't enough to stop the sell-off. This sharp drop has now raised serious questions about the future of digital advertising and the outlook for ad tech stocks overall. The Trade Desk (TTD) shocked investors after its Q2 2025 earnings release, sending the stock plunging 28% in after-hours trading. Despite strong revenue growth and high customer retention, weak guidance for the next quarter rattled Wall Street, raising fresh concerns about the future of the ad tech industry. The Trade Desk (NASDAQ: TTD), a longtime favorite among digital advertising investors, sent shockwaves through Wall Street after reporting its Q2 2025 earnings. Despite showing revenue growth and consistent customer retention, the stock crashed 28% in after-hours trading, marking one of its steepest single-day declines in recent memory. Investors were initially hopeful, riding high on Trade Desk's growing adoption of its AI-powered Kokai platform and ongoing dominance in connected TV (CTV) advertising. But those hopes quickly unraveled after the company issued soft guidance for Q3, sparking widespread concern about the near-term health of the ad tech sector. For the second quarter of 2025, Trade Desk reported revenue of $694 million, a solid 19% year-over-year increase from $585 million in Q2 2024. The company also posted an adjusted EPS of $0.41, beating analyst expectations, and maintained an impressive 39% adjusted EBITDA margin. While these numbers appear strong on the surface, Wall Street had expected signs of stronger recovery in the second half of the year. Instead, Trade Desk's Q3 outlook came in below expectations, signaling continued macroeconomic pressures on the digital ad market and prompting heavy sell-offs. TTD's sharp drop wasn't about what it achieved—it was about what it failed to promise. The company's lackluster forward guidance and cautious tone during the earnings call spooked investors who had hoped for a rebound in ad spending. With no clear signal of an industry turnaround, especially in performance-driven ad categories, the market swiftly punished the stock. Analysts also pointed to mounting pressure from competitors and slower-than-expected growth in key areas like retail media and international expansion. Despite appointing Alex Kayyal as the new CFO (starting August 21) and welcoming AI expert Omar Tawakol to the board, the leadership shake-up wasn't enough to restore confidence. Investors had also pinned hopes on the continued rollout of Kokai, OpenPath, and UID2, but the company's inability to project stronger near-term performance raised red flags. TTD noted that Kokai adoption is growing, with about two-thirds of its customers now onboarded. The platform claims to deliver a 24% reduction in cost per conversion and 20% lower cost per acquisition, promising long-term efficiency gains. But in the short term, Wall Street is clearly looking for revenue acceleration, not just efficiency stories. The Trade Desk's Q2 report is now a wake-up call for the broader ad tech industry. If a company with Trade Desk's fundamentals and innovation pipeline can't deliver confident forward guidance, others in the space may face similar scrutiny. While the long-term picture for digital advertising remains promising, especially with the shift to CTV and AI-powered ad targeting, the immediate future looks uncertain. Investors should brace for potential volatility across other ad tech names and watch Q3 results closely. The Trade Desk's steep drop might turn out to be a buying opportunity—but only if the company can reestablish growth momentum and calm investor nerves in the quarters ahead. With strong fundamentals, industry-leading retention, and advanced tech tools like Kokai in play, there's still a path forward. But the message from Wall Street is clear: 'Show us growth, not just potential.' Q1. Why did Trade Desk stock crash after Q2 earnings? Because investors were disappointed by the company's weak guidance for the next quarter, despite good revenue growth. Q2. What does Trade Desk's Q2 2025 report mean for ad tech stocks? It signals uncertainty in the ad tech sector as even strong players like Trade Desk are facing market pressure.


Time of India
5 hours ago
- Time of India
Trade Desk stock collapses 28% after Q2 shock — is this the beginning of the end for ad tech's golden run?
The Trade Desk (NASDAQ: TTD), a longtime favorite among digital advertising investors, sent shockwaves through Wall Street after reporting its Q2 2025 earnings. Despite showing revenue growth and consistent customer retention, the stock crashed 28% in after-hours trading , marking one of its steepest single-day declines in recent memory. Investors were initially hopeful, riding high on Trade Desk's growing adoption of its AI-powered Kokai platform and ongoing dominance in connected TV (CTV) advertising. But those hopes quickly unraveled after the company issued soft guidance for Q3 , sparking widespread concern about the near-term health of the ad tech sector. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Revenue climbs 19%, but guidance leaves investors cold For the second quarter of 2025, Trade Desk reported revenue of $694 million , a solid 19% year-over-year increase from $585 million in Q2 2024. The company also posted an adjusted EPS of $0.41, beating analyst expectations, and maintained an impressive 39% adjusted EBITDA margin. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Simple Morning Habit for a Flatter Belly After 50! Lulutox Undo While these numbers appear strong on the surface, Wall Street had expected signs of stronger recovery in the second half of the year. Instead, Trade Desk's Q3 outlook came in below expectations, signaling continued macroeconomic pressures on the digital ad market and prompting heavy sell-offs. Wall Street reacts sharply to weak Q3 outlook TTD's sharp drop wasn't about what it achieved—it was about what it failed to promise. The company's lackluster forward guidance and cautious tone during the earnings call spooked investors who had hoped for a rebound in ad spending. Live Events With no clear signal of an industry turnaround, especially in performance-driven ad categories, the market swiftly punished the stock. Analysts also pointed to mounting pressure from competitors and slower-than-expected growth in key areas like retail media and international expansion . New leadership and AI-driven platform growth fail to reassure investors Despite appointing Alex Kayyal as the new CFO (starting August 21) and welcoming AI expert Omar Tawakol to the board, the leadership shake-up wasn't enough to restore confidence. Investors had also pinned hopes on the continued rollout of Kokai, OpenPath, and UID2, but the company's inability to project stronger near-term performance raised red flags. TTD noted that Kokai adoption is growing, with about two-thirds of its customers now onboarded. The platform claims to deliver a 24% reduction in cost per conversion and 20% lower cost per acquisition, promising long-term efficiency gains. But in the short term, Wall Street is clearly looking for revenue acceleration, not just efficiency stories. What does this mean for ad tech stocks moving forward? The Trade Desk's Q2 report is now a wake-up call for the broader ad tech industry. If a company with Trade Desk's fundamentals and innovation pipeline can't deliver confident forward guidance, others in the space may face similar scrutiny. While the long-term picture for digital advertising remains promising, especially with the shift to CTV and AI-powered ad targeting, the immediate future looks uncertain. Investors should brace for potential volatility across other ad tech names and watch Q3 results closely. Is this a temporary dip or a long-term reset? The Trade Desk's steep drop might turn out to be a buying opportunity —but only if the company can reestablish growth momentum and calm investor nerves in the quarters ahead. With strong fundamentals, industry-leading retention, and advanced tech tools like Kokai in play, there's still a path forward. But the message from Wall Street is clear: 'Show us growth, not just potential.' FAQs: Q1. Why did Trade Desk stock crash after Q2 earnings? Because investors were disappointed by the company's weak guidance for the next quarter, despite good revenue growth. Q2. What does Trade Desk's Q2 2025 report mean for ad tech stocks? It signals uncertainty in the ad tech sector as even strong players like Trade Desk are facing market pressure.