The online entertainment ticketing space is expected to witness the emergence of new players and increased competition
Former vice president and national business head, Bhakoo has been a part of Swiggy's leadership for over six years, driving regional and national growth
Blinkit, the quick-commerce grocery subsidiary of Zomato, launched its new app, Bistro, on the Google Play Store a day after Zepto unveiled Zepto Cafe
Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments
Available by invitation only, Swiggy One BLCK is offered at a launch price of Rs 299 for a three-month plan
Select users will be able to upgrade their Swiggy One memberships to One BLCK at a launch price of Rs 299 for three months
Amazon to enter quick commerce after noticing that urban customers increasingly demand quicker delivery of everyday essentials
Growth and strategy may close the gap with Zomato: Analysts
The target price of Rs 708 per share implies a 31.7 per cent upside from the previous close of Rs 537.5 per share on BSE
The National Restaurant Association of India has issued an advisory cautioning its members over deep discounting and payment gateway tools offered by aggregator platforms for dine-in operations. The advisory comes when food delivery giants including Zomato and Swiggy are aggressively focusing on expanding their dine-in customer base. NRAI urged restaurants to use aggregator payment platforms only if the payment gateway services are unbundled from the other services that it offers; and makes financial sense as a payment gateway independently compared to other payment gateways. In its advisory, NRAI asserted that aggregators use deep discounting as a tool to attract customers, including the restaurant's regular customers, to their platforms. The customers are then incentivised to participate through aggressive cashback and discounts, which eventually move the restaurants' existing customers to their platforms. "We are fine with aggregator platforms charging restaurants a reasonable .
Union minister Giriraj Singh on Saturday claimed Bangladeshi nationals and Rohingya were working as delivery agents for food delivery companies and online shopping platforms and added that they should be identified. Singh made these remarks in Hyderabad, where he attended the convocation of NIFT-Hyderabad. "The services sector, whether it is Zomato, Swiggy or Flipkart, the delivery boys are Bangladeshis and Rohingya. Efforts should be made to identify them and hand them over to police," he told PTI Videos on the sidelines of the event. The Union minister also threw his weight behind Yogi Adityanath over his comments drawing a parallel between Sambhal and Bangladesh, saying the Uttar Pradesh chief minister did not say anything wrong. Adityanath had on Thursday said the actions of Mughal emperor Babur's commander in Ayodhya and Sambhal 500 years ago and the events happening in Bangladesh at present shared the same nature and intent. "Look at the kind of acts our enemies in neighbour
Instamart's GOV growth has not translated into significant margin improvements, as higher marketing and employee expenses offset gains from reduced contribution margin losses
Swiggy's consolidated net loss marginally narrowed in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago
Stocks to Watch, Dec 4: From Adani Group to Swiggy, here is a list of stocks that will be in spotlight today
Swiggy's overall Gross Order Value (GOV) grew 30 per cent year-on-year to reach Rs 11,306 crore, reported the company for the quarter and half-year ended September 30, 2024
Majety said that he is expecting to see a new wave of opportunities and selection opening for the quick commerce business
While announcing its September quarter results, management at Swiggy said its growth strategy for Instamart is based on hyperlocal expansion
Former Punjab CM Sukhbir Singh Badal today visited the Golden Temple in Amritsar on a wheelchair to begin a punishment by the Akal Takht
Its expenses grew 23 per cent as the company continued its quick commerce expansion
Swiggy shares soared 9.4% today, 3 December, on the BSE, hitting a record high of Rs 542.1 per share. Watch the video to know why.