myBiz, MakeMyTrip's SaaS-based corporate booking platform, and Swiggy on Tuesday announced a partnership to simplify meal expense management for corporate travellers across the country. With this partnership, corporate travellers can seamlessly order meals through 'Swiggy for Work' on the Swiggy app and pay directly using the myBiz corporate wallet, according to a statement. All transactions are automatically captured in company expense systems, giving finance teams real-time visibility and ensuring policy compliance. Employees will need a one-time authorisation with their corporate ID to get started. "With this partnership, we are combining Swiggy's restaurant network and delivery infrastructure with myBiz's corporate travel ecosystem to take the complexity out of business meal management. It's a step forward in our mission to make corporate travel not just seamless, but truly end-to-end convenient for employees and finance teams alike," MakeMyTrip Co-Founder and Group CEO Rajesh
Eternal stock is seen trading below the 100-DMA support after May 2025; whereas Swiggy is seen testing the long-term moving average for the first-time since its debut.
The heated discount war is raising concerns that profitability for India's delivery firms may remain under pressure after second-quarter earnings missed estimates
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Swiggy's board has cleared a proposal to raise up to Rs 10,000 crore through QIP and other routes to fund growth in its quick commerce business and strengthen financial reserves
The move comes a week after Swiggy said it was exploring new fundraising options in response to rising competition and a rapidly changing external market environment
Bernstein set a target price (TP) of ₹570 for Swiggy and ₹390 for Eternal, calling both companies the best placed to capture value in a competitive but fast-expanding digital consumption landscape.
After a brief period of calm & improving profitability, both Eternal (Zomato) & Swiggy appear set for another showdown, reminiscent of the fiery land-grab phase that began in late 2024, analysts said.
Technical charts suggest that ITC, Adani Power, Dabur India, NTPC and Hyundai Motor India shares can potentially rally up to 26% on the upside; whereas Dabur India and Bandhan Bank can decline by 10%.
Swiggy's food delivery (FD) arm continued its solid performance in the September quarter (Q2FY26), driven by sustained order growth and operational efficiency.
The company's board of directors is scheduled to meet on November 7, 2025, to consider and approve the raising of funds up to Rs 10,000 crore through public or private offerings.
Q2FY26 company results: Firms including Hyundai Motor, NTPC, United Spirits, Canara Bank, NTPC, Bandhan Bank, and Lodha Developers are also to release their July-September earnings reports today
Stocks to Watch Today, October 30, 2025: Wipro, L&T, Coal India, United Breweries, Ola Electric, ITC, Swiggy, Mankind Pharma, and Dr Reddy's Labs are among the top stocks to watch today
Swiggy Q2 results preview: The company's revenue for the quarter under review is expected to jump 51 per cent in Q2FY26, on average, to ₹5,448.83 crore as compared to ₹3,601.5 crore a year ago
Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.
Nomura has maintained its Nifty target for March 2026 at 26,140, implying a modest upside of 4 per cent from current levels, based on a FY27F earnings per share (EPS) estimate of ₹1,245.
Swiggy's new category offers over 150,000 items from 50,000 restaurants across 10 cities, following Zomato's recent 'Healthy Mode' rollout
Swiggy's pivot from an earlier land-grab phase to a more cost-conscious operating model, analysts said, should continue to drive margin expansion and strengthen overall financial resilience
Analysts believe that even though Swiggy has outperformed Zomato on both monthly transaction users (MTU) and gross order value (GOV) growth in the past one year, Zomato's margin is still significantly
Swiggy approved the transfer of its Instamart quick commerce business to Swiggy Instamart Pvt Ltd through a slump sale to create a focused entity for long-term growth