Swiggy

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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

Thus far in July 2026, the market price of Eternal and Swiggy outperformed the market, gaining 12 per cent and 11 per cent, respectively.

Flipkart is preparing to enter the online food delivery market with a pilot launch in Bengaluru during August-September.

The company's move is aimed at allowing Instamart to directly own inventory and improve margins and it will be put to shareholders for approval at the AGM on August 18.

NTPC, Shriram Finance, Bank of Baroda, Bank of India, CG Power among top stocks slated to post their Q1 results today.

Swiggy on Thursday said its board has approved a proposal to cap the company's aggregate foreign ownership at 49.5 per cent on a fully diluted basis, as part of its endeavour to qualify as an Indian-owned-and-controlled firm. The proposal will now be placed before shareholders for approval through a special resolution at the company's 13th Annual General Meeting (AGM) on August 18, a regulatory filing said. The IOCC (Indian owned and controlled company) status would allow Swiggy to directly own and sell inventory through its quick commerce brand Instamart, a move expected to improve margins and strengthen supply chain control. Rival Blinkit, owned by Eternal, follows an inventory-led model. The food delivery and quick commerce firm has been trying to qualify as an IOCC. In May, Swiggy failed to secure the requisite shareholder approval to alter its Articles of Association, through which it had aimed to qualify as an IOCC. Besides greenlighting the foreign ownership cap proposal, .

Spain-Argentina match promises windfall for eateries, pubs, delivery platforms

Swiggy Instamart and Hindustan Petroleum Corporation Limited (HPCL) have partnered to launch India's first on-demand LPG cylinder delivery service through a quick-commerce platform.

Swiggy shares spiked post company's entry into on-demand LPG delivery via Instamart. Analysts said the HPCL partnership expands Swiggy's quick commerce offerings, expands cross-selling opportunities.

Bengaluru consumers can order HPCL's 10 kg HP Navya composite cylinder and 5 kg metal cylinder on Instamart without needing an existing domestic LPG connection

NRAI says platform shouldn't revive exclusivity clauses