Swiggy

Stocks to watch today: Swiggy, Manipal Health, Biocon, L&T Finance, Crompton Greaves, RailTel Corporation, Sammaan Capital, EaseMyTrip, among others, will be in focus today.

Shareholders also approve amendments to the Articles of Association allowing co-founders Sriharsha Majety and Phani Kishan Adepally to retain majority board representation

Himavant Kurnala has been appointed Chief Growth and Product Officer, Instamart, Nitesh Garg the Chief Technology Officer, Instamart, and Saurav Goyal the Chief Operating Officer, Food Marketplace.

Food delivery aggregator Swiggy on Monday announced the rollout of its AI Assistant 'Guru' for its restaurant partners, to track payouts and monitor the performance of their campaigns across over 720 cities and accessible to 2.7 lakh restaurants. Menu insights on Guru allow partners to add items, generate descriptions, and highlight top-selling items to deliver personalised insights, by analysing the category performance and what is working for them, Swiggy said. Rohit Kapoor, CEO, Swiggy Food Marketplace said, "Today, AI has redefined how businesses operate and is driving higher efficiency across industries. Having partnered with restaurants for over 12 years, we understand the operational demands and constant multi-tasking that our partners navigate every single day".

Reports of food contamination are common in India's local eateries, and Maharashtra's drive and Mundhe are gathering social media attention

Launched in July 2025, 99 Store is a curated in-app offering that caters to value-conscious customers.

Proposed changes could require delivery platforms to run EV fleets, track vehicles, provide insurance, and contribute 2% of each ride's fare to a driver welfare fund

The food delivery platform expects strong expansion in Instamart and aims to nearly quadruple consolidated gross order value by fiscal 2031

The proposal to levy a fee on UPI transactions could put quick commerce in the slow lane

Eternal leads on market share, profitability and scale, but Swiggy's faster Ebitda growth, improving retention and product innovation could support a valuation re-rating

Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated a positive open for the Nifty50 index. Overnight rise in Wall Street AI shares lifted Asian indices to record gains

Flipkart's reported food delivery plans point to a shift in India's consumer internet sector, where companies are expanding beyond core businesses to up customer engagement, unlock new revenue streams

Blinkit currently leads the quick commerce market, with a market share of 52 per cent, followed by Zepto at 27 per cent and Instamart at 21 per cent.

Post Q1 results, MOFSL has shared a constructive view on Swiggy and retained its 'Buy' rating. The brokerage has revised its target price to ₹350.

Food-delivery company's net loss narrowed from Rs 1,197 crore a year earlier as revenue rose to Rs 6,812 crore.

Quick-commerce revenue climbed 52.9 per cent to ₹1,232 crore, while its segment loss narrowed 18.3 per cent to ₹651 crore; food-delivery segment result rose 48 per cent

Bengaluru's restaurant bodies have flagged concerns over commissions, discounts, ad fees and payout deductions, saying the charges are squeezing margins and hurting profitability

Q1FY27 company results: Firms including Mahindra & Mahindra, Hyundai Motor India, Mazagon Dock Shipbuilders, Mankind Pharma, and Exide Industries are also to release their April-June earnings today

Jain will oversee the expansion of Nykaa Now across key markets and strengthen the beauty retailer's technology-led fulfilment and supply-chain infrastructure

Former Myntra chief executive Nandita Sinha will take over as CEO of Swiggy Instamart from August 3, following Amitesh Kumar Jha's resignation