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FORGOTTEN HISTORY: Swiggy - The Untold Story

Stocks in news: Swiggy, M&M, REC, Adani Power and Bajaj Finserv

Indian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor sentiment remained subdued due to rising oil prices and geopolitical tensions. Swiggy announced a stake sale in Lynks Logistics for approximately $52.4 million. Mahindra & Mahindra maintained its leadership in the domestic tractor market by…

The Economic Times

Udaan to buy Swiggy’s Lynk; India’s BRICS tech push

Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5.

The Economic Times

Swiggy launches dedicated food safety helpline, in-app channel for customers to report order-related concerns

Swiggy has introduced a dedicated helpline and an in-app channel for food safety concerns. Customers can now report issues by calling a specific number or using the new help section. This initiative aims to enhance customer feedback and address potential food safety gaps effectively. The company will review complaints on…

The Economic Times

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Ahead of Market: 10 things that will decide stock market action on Monday

Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment.

The Economic Times

Swiggy sees 4% equity change hands in block deals; shares gain 2.5%

Swiggy shares rose 2.53% following block deals involving 4% equity. The company faces MSCI index removal on September 7 due to foreign ownership caps, while Q1 FY27 results showed a narrowed net loss of Rs 791 crore.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Friday

The Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, pressured by high oil prices, bond yields, and geopolitical tensions. Despite strong domestic growth, near-term market direction hinges on global risks and crude oil volatility.

The Economic Times

Swiggy shares fall 2%, down for 3rd session, as MSCI set to remove stock from Global Standard Indexes from September 7

Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global indexes, prompted by its shift to full Indian ownership and control. The new foreign ownership constraints limit further investments. Swiggy is targeting robust adjusted EBITDA growth by FY31, even as it reported a net loss…

The Economic Times

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Stocks in news: Swiggy, Adani Ports, IDFC First Bank, Hexaware Technologies and Sun Pharma

Indian markets experienced a sharp decline on Wednesday due to global factors. Technical analysis suggests further downside potential for the Nifty index. Several companies like Swiggy and Adani Ports are in focus today. Hyundai Motor India aims to regain its market position with new launches. ONGC is reviewing its Venezuelan…

The Economic Times

MSCI to delete Swiggy from standard indices on foreign ownership limit breach risk

MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership limit breaches. This deletion adds pressure on the stock, forcing passive funds to reduce exposure while limiting fresh foreign investment.

The Economic Times

Swiggy shares drop 4%, market value down Rs 5,000 crore in 2 days. Here’s why

Swiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs 5,000 crore in market value. The stock faces potential foreign outflows after entering the NSDL red-flag list and possible exclusion from MSCI and FTSE indices. Jefferies, however, retains a Buy rating with a Rs…

The Economic Times

Swiggy's Food on Train network expands to 201 railway stations

The Food on Train network now includes Kolhapur, Wardha, Shahdol, Kakinada, Bharatpur, Chittoor, Thanjavur, Raigarh, Jamnagar, Indore and Tundla stations, among others, Swiggy said. The online food delivery firm also shared interesting trends around the evolving food habits of train travellers. In just over a year, passengers have switched from…

The Economic Times

Flipkart Minutes overtakes Swiggy Instamart in dark stores across top 10 cities

The gap is narrow but significant, pointing to the rapid expansion of Flipkart's quick-commerce business even as established players continue to deepen their networks. The 10 cities together account for 3,536 dark stores, according to CLSA's Quick Commerce Map, with Blinkit leading at 969 stores, followed by Zepto at 828,…

The Economic Times

Helios Flexi Cap Fund hikes exposure in Swiggy, Paytm and 12 others; adds SBI Funds Management, 4 more

Samir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, while adding SBI Funds Management and four others to its portfolio. The fund also exited Varun Beverages and India Shelter Finance, while trimming its holdings in MCX and BSE during the month.

The Economic Times

Zomato pilots food vending machines at workplaces in new attempt at quick delivery

Zomato is piloting food vending machines in Gurugram corporate offices. This new initiative, Zomato Now, aims for rapid food delivery access. Zomato Now comes alongside sister company Blinkit’s 10-minute food delivery service Bistro, which operates through its own cloud kitchens.

The Economic Times

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The Economic Times

'Desi' Swiggy bets on Instamart model shift, mirroring main rival Blinkit

Swiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potentially improve margins and gain greater control. The quick-commerce unit aims to catch up with market leader Blinkit in this competitive sector. This shift requires higher working capital for inventory purchases and…

The Economic Times

Swiggy to see $400 million outflows after Indian-owned status? Jefferies explains why

Swiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enable an inventory-led model for Instamart and potentially improve margins. However, Jefferies expects the shift to trigger passive outflows of over $400 million from MSCI and FTSE indices due to foreign ownership limits. The…

The Economic Times

Swiggy employees get Monday off if national holiday falls on weekend, says AVP Saptarshi Prakash

Swiggy executive Saptarshi Prakash has highlighted the company's policy of granting employees the following Monday off when a mandatory public holiday falls on a weekend. The benefit, which he called one of Swiggy's "most underrated" workplace policies, sparked discussion on LinkedIn about employee benefits, compensatory leave and statutory rights concerning…

The Economic Times

Samir Arora-backed Helios Mid Cap Fund hikes stake in Swiggy and 20 others, trims exposure in 2 stocks

In July, Helios Mid Cap Fund boosted its investments by increasing its stake in Swiggy among twenty other stocks. Notably, the fund expanded its holdings in V2 Retail and GMR Airports, while reducing exposure in Multi Commodity Exchange of India and Black Box stocks. Additionally, Siemens Energy India joined the…

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The Economic Times

Swiggy launches 24x7 AI assistant Guru for restaurant partners

Swiggy has introduced Guru, an AI-powered business assistant for its restaurant partners. This platform offers 24x7 support and data-driven decision-making capabilities. Guru helps manage operations and improve sales through a conversational interface. It analyzes sales funnels and provides actionable performance insights. The assistant supports over 20 vernacular languages for wider…

The Economic Times

Maharashtra food safety chief targets Domino's, Eternal, Swiggy, Zepto in sweeping crackdown

Maharashtra's food safety chief has taken decisive action by suspending warehouse permits for leading grocery companies after inspectors uncovered alarming sanitation issues, including cockroach infestations. This effort specifically addresses challenges within the burgeoning quick commerce sector known for swift grocery deliveries. Notably, several Domino's stores were also shut down for…

The Economic Times

India state food safety chief targets Eternal, Swiggy, Zepto in sweeping crackdown, suspends permits of 12 warehouses

Maharashtra's food safety chief has taken action by suspending 12 warehouses' permits for grocery giants including Eternal, Swiggy and Zepto after inspections exposed disturbing health violations such as cockroach infestations and spoiled produce. Moreover, inspectors uncovered rodent waste and unhygienic storage practices, while delivery personnel wearing street shoes increased contamination…

The Economic Times

Eternal vs Swiggy: The quick commerce war is on. Which stock should you own after Q1?

The rivalry in the quick commerce sector heats up as Q1 results show stark contrasts between Eternal and Swiggy. While Swiggy leans towards aggressive growth supported by robust funding, Eternal places its bets on profitability and improved operations. Both firms are vying for ambitious long-term goals that investors will be…

The Economic Times

Ownly, magicpin eye bigger slice of India’s food delivery market

Food delivery platforms Ownly and magicpin are seeking greater market share in India. Both platforms report increased restaurant participation and daily order volumes. Restaurants are pushing for more control over commercial terms and promotions. Negotiations between Bengaluru restaurants and major aggregators are ongoing. The entry of new players is expected…

The Economic Times

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

SBI Securities’ Sudeep Shah expects Nifty to remain rangebound, with 24,300–24,800 as key levels. He prefers a buy-on-dips strategy, citing constructive trends. Smallcaps remain bullish, while FII short covering could support markets. Traders should watch key technical levels for Nifty, Trent, Kalyan Jewellers and Swiggy for directional cues.

The Economic Times

Swiggy agrees to refund unauthorised campaign fees; Bengaluru hotels to wait till September 1

The discussions, led by Swiggy CEO (food marketplace, dineout & crew) Rohit Kapoor, chief business officer (food marketplace) Sidharth Bhakoo and CEO (dineout & scenes) Swapnil Bajpai, came a day after rival Zomato held talks with restaurateurs and agreed to address a range of operational concerns.

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