Page 2 - Swiggy

Swiggy trims losses, up 4% from day's low post Q1; MOFSL sees 18% upside

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.

Swiggy's Q1 loss narrows as revenue climbs 37%

Food-delivery company's net loss narrowed from Rs 1,197 crore a year earlier as revenue rose to Rs 6,812 crore.

Swiggy Q1FY27 result: Loss narrows 34% as quick-commerce revenue jumps 53%

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 restaurants threaten Swiggy, Zomato boycott: What's the dispute?

Bengaluru's restaurant bodies have flagged concerns over commissions, discounts, ad fees and payout deductions, saying the charges are squeezing margins and hurting profitability

Q1 results today: Swiggy, Tata Steel, Vedanta, 92 more on July 30

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

Nykaa appoints former Instamart COO Ankit Jain to lead q-commerce vertical

Jain will oversee the expansion of Nykaa Now across key markets and strengthen the beauty retailer's technology-led fulfilment and supply-chain infrastructure

Swiggy Instamart CEO Amitesh Jha resigns, Nandita Sinha to take charge

Former Myntra chief executive Nandita Sinha will take over as CEO of Swiggy Instamart from August 3, following Amitesh Kumar Jha's resignation

Eternal, Swiggy up over 5% on huge volume; what's driving platform stocks?

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 entering food delivery: Can it challenge Swiggy and Zomato? | Order food online

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

Swiggy skids 7% on foreign ownership cap; what it means for investors

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.

Stocks to Watch today: Infosys, IndiGo, Shriram Fin, BoB, Swiggy, OMCs

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

Swiggy board approves 49.5% foreign ownership cap to gain IOCC status

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 vs Argentina: Business cup to brim on World Cup final night

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

Swiggy enters LPG delivery: Here’s how the HPCL service will work | LPG cylinder

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 rise 5%; why Street likes its latest growth strategy

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.

Instamart partners Hindustan Petroleum for LPG cylinder delivery service

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

Restaurant association urges CCI to stop Zomato from imposing price parity

NRAI says platform shouldn't revive exclusivity clauses

FSSAI issues notices to Swiggy Instamart after complaints of expired food

Food regulator FSSAI on Saturday said it has issued 9 notices to Swiggy Instamart following several consumer complaints, including of alleged supply of rotten and expired food products by the platform. Instamart is the quick-commerce platform of Swiggy. In a social media post on X, Food Safety Standards Authority of India (FSSAI) said it has "issued 9 notices to Swiggy Instamart following multiple consumer complaints alleging violations under the FSS Act 2006." Consumer complaints alleged the supply of expired, spoiled, rotten, contaminated and otherwise unafe food products through Swiggy Instamart, the regulator said. The regulator has directed the platform to submit a detailed explanation and compliance report failing which appropriate legal action will be initiated. Elaborating on the consumer complaints, FSSAI said, "An infant food formulation was reportedlv found in a highly deteriorated and unsafe condition, showing signs of contamination and improper storage and ...

Swiggy's Toing app back online after nearly 24 hour outage across cities

Swiggy's standalone food delivery app Toing has suspended services across multiple cities, with the company attributing the disruption to a technical issue, according to sources

Swiggy gains 7% on expansion of Food on Train network; book profit or hold?

The company said orders through the service increased threefold during April-June 2026 compared with the year-ago period