Swiggy told stock exchanges it had failed to win the shareholder approval needed to amend its Articles of Association, a key step in its efforts to qualify as an IOCC
The brokerage has, however, reaffirmed its 'Buy' rating on Eternal with a target price of ₹400 per share, and on Swiggy with a target price of ₹360 per share
Swiggy's move to qualify as an Indian Owned and Controlled Company shows how new-age internet firms are revamping boards and ownership as quick commerce and ecommerce rules tighten under Fema rules
A customer in Bengaluru spent Rs 112,459 on Swiggy Dineout- single highest billing in the country on Mother's Day
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In the March quarter (Q4FY26), Swiggy reported that its net loss narrowed to ₹800 crore, lower than the net loss of ₹1,081 crore Y-o-Y
Stocks to watch today: Swiggy, NTPC, BoB, PVR Inox, SCI, Abbott India, Anant Raj, Canara Bank, IHCL, JSW Energy, UPL, Tata Consumer Products, among others, will remain in focus today.
Delivery times are improving and set to normalise soon as a large section of gig workers return to cities after the recent state elections and the peak harvest season, Swiggy and magicpin said. Anshoo Sharma, Founder and CEO of magicpin, told PTI the return of delivery riders is helping improve rider availability across food delivery platforms. "The delivery riders who were away from metros to cast their vote, are now back in cities. This is helping availability of riders for food delivery, and thus improving delivery times," Sharma said. He added that while temporary volatility may continue, the food delivery sector is expected to see growth after a difficult period over the last few months with an overall upside of up to 20 per cent. "To support merchants across food and other categories, magicpin has rolled out its AI assistant, Vera, which is seeing thousands of merchants adopt it everyday. Vera was launched as a response to the LPG crisis among small restaurants to manage thei
The company reported a loss of ₹1,065 crore in the previous quarter
Q4FY26 company results: Firms including Tata Consumer Products, ABB India, Bank of Baroda, Bank of India, Oberoi Realty, and Kalyan Jewellers are also to release their January-March earnings today
Brokerages tracked by Business Standard estimate Swiggy's net loss at an average of ₹857.56 crore year-on-year (Y-o-Y) from a loss of ₹971.66 crore
The share price of Swiggy is quoting lower for a fifth straight trading day, falling 7.5 per cent during the period
As temperatures soar, quick commerce (qcom) platforms are witnessing sharp growth in categories linked to cooling, hydration, and seasonal food
Stocks to Watch today, April 22, 2026: HCLTech, SBI, Swiggy and others will remain in focus; here's why
Court extends interim relief to Swiggy in antitrust probe, flags concerns over reliance on untested third-party statements in CCI investigation
Swiggy share price today: Swiggy shares fell over 4 per cent in trade after co-founder Lakshmi Nandan Reddy Obul stepped down from the company's board.
Swiggy sees leadership changes as co-founder Nandan Reddy exits board, new directors join and company amends nomination rights of key investors
Swiggy's head of investor relations Abhishek Agarwal has stepped down, with chief financial officer Rahul Bothra set to oversee the function amid recent fundraising activity
Collaboration enables multilingual voice-based ordering and reservations, aiming to expand access to digital commerce across India's diverse language landscape
Today's buying was buoyed after Swiggy hiked the platform fee it charges users to ₹17.58 per order, inclusive of GST. Swiggy had previously hiked its platform fee in September 2025