The market value of the ESOP allocation is pegged at ₹1,171 crore at Swiggy's last trading price of ₹448.85 on Friday.
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
In today’s newsletter, we look at Hindustan Unilever’s acquisition of homegrown skincare brand Minimalist, a mouthwatering prospect for other direct-to-customer brands. But first, the big fight. It’s ...
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
NRAI filed a petition with the Competition Commission of India (CCI), alleging that Zomato and Swiggy were abusing their ...
Addressing an NRAI townhall with restaurant industry stakeholders on Wednesday, NRAI President Sagar Daryani suggested that ...
In Q3, Blinkit's GOV grew by 27.2% QoQ, maintaining a strong growth trajectory. However, profitability faced pressure, as ...
Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
The National Restaurant Association of India (NRAI) plans to approach the Competition Commission of India regarding Zomato ...
Swiggy is witnessing an impact from Zomato's quarterly results, which were reported on Monday. Zomato shares are also down 9% ...
Restaurants are planning to challenge food delivery giants Zomato and Swiggy by partnering with the government-backed ONDC to ...