Page 12 - Swiggy

Anchor lock-in expiry to unlock ₹2.36-trn worth shares in April-May 2025

Here are the complete details of the companies that will see the lock-in expiry of equity shares held by anchor investors, along with their estimated value and lock-in expiry dates

Here is why Swiggy shares were buzzing in trade on Wednesday, April 16

Swiggy has signed a Memorandum of Understanding (MoU) with the Ministry of Labour & Employment as part of its overall approach to increase job creation through public-private partnership

Stocks to Watch Today, April 16: IndusInd Bank, ICICI Lombard, IREDA

Stocks to Watch Today, April 16: IndusInd Bank, Adani Total Gas, ICICI Lombard, IREDA are some of the top stocks to watch today

Swiggy partners with labour ministry to create 1.2 million jobs in 3 years

The Union government has partnered with Swiggy to enhance job opportunities and streamline recruitment through its NCS portal

Swiggy launches AI-powered Pyng app, enters professional services market

At the core of this experience is Pyng's Smart AI Assistance. It understands user queries and their nuances to recommend the most relevant professionals as per individual needs

Swiggy launches Pyng, a new app to connect users with professionals

This marks Swiggy's entry into the growing market of professional services. As of now, Pyng is available to users in Bengaluru

Swiggy's new SNACC app now delivering in Noida, Gurugram in 10 minutes

Delivery of a wide range of delicious snacks, food and beverages in 10 minutes caters to time-starved working professionals and new-age consumers in urban India

Swiggy share price advances 3% on launching Maxxsaver; check details here

The northward movement in Swiggy's share price came on the back of the news that the company's quick commerce arm, Swiggy Instamart, has launched an in-app feature called 'Maxxsaver'

Swiggy Instamart launches new in-app feature 'Maxxsaver' for savings

Swiggy Instamart currently offers over 35,000 products, ranging from groceries and daily essentials to electronics, smartphones, fashion, makeup, and toys

Swiggy receives Rs 7.59 cr tax demand notice for AY 2021-22 in Pune

Food and grocery delivery platform Swiggy has received an an assessment order for the April 2021 to March 2022 period, amounting to Rs 7.59 crore from the Office of the Profession Tax Officer, Pune. Violation of provisions pertaining to deduction of Profession Tax from the employees' salary under the Maharashtra State Tax on Professions, Trades, Callings & Employments Act, 1975, has been alleged against the company, it said in a regulatory filing. "The Company believes that it has strong arguments against the Order and is taking necessary steps to protect its interest through review/appeal," Swiggy stated in the filing on Saturday. The company believes that the order has no major adverse impact on its financials and operations.

Stocks to Watch on Apr 2, 2025: CSB Bank, Zomato, Swiggy, auto stocks, MTNL

Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today

Swiggy receives ₹158 crore tax demand notice; plans to challenge order

Food and grocery delivery platform Swiggy on Tuesday said it received an assessment order with an additional tax demand of over Rs 158 crore for the period between April 2021 and March 2022. The order has been issued by Deputy Commissioner of Income-tax, Central Circle 1 (1), Bangalore. It relates to alleged contraventions including cancellation charges paid to merchants disallowed under Section 37 of the Income-tax Act 1961 and interest income on income tax refund not being offered to tax. "The Company has received an assessment order for the period April 2021 to March 2022 where an addition of Rs 158,25,80,987 (one hundred and fifty-eight crores twenty five lakhs, eighty thousand nine hundred and eighty seven, only) has been made," Swiggy said in a regulatory filing. The company believes that it has strong arguments against the order and is taking necessary steps to protect its interest through review/appeal, it added. The company said the order has no major adverse impact on it

Swiggy slips 3%, hits new low; stock tanks 49% from December high

Since February 5, 2025, share price of Swiggy is under pressure and fallen 28 per cent after the company reported a weak operational performance in the December 2024 quarter

Swiggy Instamart takes on Amazon, Flipkart with 10-min smartphone delivery

Customers across 10 major cities can now get their hands on the latest iPhone 16e, along with popular Android smartphones

Down upto 42% from record high, analysts say stock up Zomato, Swiggy shares

So far in calendar year 2025, Zomato's share price has dropped 19.62 per cent on the BSE, while Swiggy's has tumbled 33.29 per cent

Quick commerce players race to grow product lists, footprint, dark stores

In a bid to offer greater convenience, qcom platforms are increasing their presence in smaller cities, besides adding high-end items like Apple products to their product categories

Swiggy Instamart expands to 100 cities amid rising quick commerce demand

Last month, Swiggy Instamart launched in Raipur, Siliguri, Jodhpur, and Thanjavur, providing access to over 30,000 products, from groceries and daily essentials to electronics and fashion

Qcom platform Swiggy Instamart to deliver Crocs footwear in 10 minutes

Initially, customers will be able to order the footwear across major cities, including Mumbai, Bengaluru, Delhi, and Gurugram

Rapido eyes entry into food delivery; to disrupt Swiggy, Zomato's duopoly

It is worth noting that Rapido on behalf of Swiggy already does food delivery, as the latter is an investor in the ride-sharing startup

Sustainability Summit: Swiggy to drive all-electric fleet by 2030

On an annual basis, the company aims to reduce perishable waste in direct operations by 25 per cent and decrease adverse incidents by 10 per cent