Page 7 - Swiggy

Rapido to undercut Zomato, Swiggy with 8-15% restaurant commissions

Ride-hailing firms have previously struggled with high costs and thin margins, raising questions about the long-term profitability of the segment as Rapido enters the food delivery space

Street signs: Nifty 50 on blade's edge, Swiggy's oven is hot, and more

The market rebound from April lows has turned attention to capital market-linked stocks. BSE, Central Depository Services, and DAM Capital Advisors have each jumped over 30 per cent in the past month

Food delivery shares in focus; Eternal, Swiggy rally up to 11% in 2 days

Shares of Eternal (formerly known as Zomato) and Swiggy rallied up to 6 per cent on the BSE in Thursday's intra-day deal, and traded higher for the second straight day.

Instamart appoints Ankit Jain as Senior VP of Operations

Swiggy-owned quick commerce platform Instamart on Friday announced the appointment of Ankit Jain as Senior Vice President - Operations, including supply chain management, dark store operations, delivery experience and network expansion. Ankit recently served as the Senior Vice President, Head of Grocery and Large Supply Chain as well as Ekart Design at Flipkart. The company's operations have seen strong momentum over the past few months -- enabling its presence in more than 120 cities, expanding into new categories and scaling our infrastructure with the record addition of more than 300 dark stores and mega pods last quarter, according to a senior company official. "Ankit's deep, hands-on experience across e-commerce, retail, and FMCG will be a strong force in further strengthening our operations, leading the way in delivery speed, availability, and assortment for our consumers, Instamart CEO Amitesh Jha said. Prior to Flipkart, Ankit spent over 14 years at Unilever, holding variou

Instamart appoints Ankit Jain as senior vice president of operations

His appointment comes at a time when the company has undergone a brand revamp, marking a clear move to position Instamart as an independent brand

Amfi rejig: Indian Hotels, Mazdock set for largecap tag; Swiggy to bow out

Amfi semi-annual categorisation is expected in the first week of July, and will take effect from August 1, 2025, according to Nuvama

Swiggy's Corporate Reward: Save on meals, dineouts by using your work email

he offers include Swiggy One membership at discounted price, flat discount of Rs. 125 to Rs. 200 on food delivery orders, flat 20% off on large/ party orders on the food delivery app.

Eternal vs Swiggy: Tech charts favour this stock, hint up to 21% upside

Eternal is seen trading in a tight range of ₹220 - ₹247, with strong support seen around ₹218 levels; Chart hints at a likely positive bias for this stock; while Swiggy may face downward pressure.

Zepto's Aadit Palicha accuses 'rival q-commerce CFO' of smear campaign

Zepto's Aadit Palicha claims a rival CFO is running a smear campaign to undermine its rapid Ebitda gains and aggressive dark store expansion

Flipkart expands quick commerce to tier-2 and tier-3 cities nationwide

Flipkart Minutes aims to scale rapidly to 800 dark stores by year-end, using existing logistics to reach smaller cities and challenge Blinkit, Instamart, and Zepto

Zepto pays ₹95 crore in April salaries, rivals Swiggy on employee costs

Zepto's ₹95 crore salary payout in April nears Swiggy despite a smaller workforce, reflecting its aggressive hiring strategy and drawing comparisons with larger rivals like Zomato and Swiggy

CCPA likely to direct Zomato, Swiggy to revise cancellation, refund policy

The consumer watchdog took suo-motu cognisance of unfair practices in 2024 and is now likely to direct Zomato and Swiggy to revise refund and cancellation policies

Prosus CEO Bloisi visits India to launch flagship 'Luminate' event series

Bengaluru hosts Prosus's inaugural Luminate forum as the firm strengthens its ties with India's tech ecosystem and explores AI, digital commerce, and frontier tech

Delhi govt to set up welfare board for gig workers, frame schemes

Delhi labour minister Kapil Mishra on Friday said the government will constitute a welfare board for gig and platform workers and frame schemes for their welfare. Mishra chaired a meeting with gig workers and representatives from major platforms and aggregators, including Swiggy, Zomato, Blinkit, Uber, UrbanClap, and BigBasket, said an official statement. The session provided a platform for gig workers to voice their concerns directly to the government and aggregators. They highlighted pressing issues such as long working hours, inadequate payments, and the absence of an effective grievance redressal system, which have long impacted their livelihoods, it said. "All these problems will be addressed with the cooperation of platforms and aggregators. The government will constitute a welfare board for gig and platform workers and will frame schemes for their welfare," he said. He also assured the platforms and aggregators that they will not face harassment from inspectors or any other

Free deliveries, Rs 200 off, Rs 49 Swiggy deals: Student rewards explained

Swiggy's new offering is especially designed to cater to students and unlocks specially curated, exclusive perks

Zomato, Swiggy now levy rain surcharge on Gold, One premium users

Zomato and Swiggy will now apply rain surcharge on premium members ending earlier waivers as both platforms intensify efforts to boost profitability and cut losses

Swiggy delivers over 300k cakes on Mother's Day 2025, big jump from 2024

Major cities like Mumbai, Bangalore, Delhi and Hyderabad topped the list for cake orders on Mother's Day 2025. Smaller cities like Nellore, Ujjain, Bhilwara, Kurukshetra also saw surge in cake orders

Softbank reports 1st profit in 4-yrs; India bets Ola, Swiggy weigh on SVF2

SoftBank posts ¥1.15 trillion FY25 profit but reports ¥561.7 bn loss in SVF2 due to share declines in Indian bets Ola and Swiggy, which fell nearly 40 per cent

Flipkart leadership shake-up: 4 executives exit as IPO pressures intensify

At least four senior Flipkart leaders, including SVP Ankit Jain, have quit amid rising cost pressures, IPO plans, and intensifying rivalry in the quick commerce space

Why are Swiggy shares under pressure today? Stock hits all time low

Swiggy share price: JM Financial suggested long-term investors can use these pressures to build a sizable position in Swiggy