Tag: Swiggy

US Fed cuts interest rates by 25 Bps; Jerome Powell hints, ‘two more in 2025’ – The Economic Times Video

Stocks
The US Federal Reserve has cut interest rates for the first time this year, lowering its benchmark policy rate by 25 basis points to 4%-4.25% range. The move marks the beginning of a monetary easing...

Discoms to save Rs 3,000 crore annually from GST cut on green energy

Business
NEW DELHI: Reduction of GST (goods and services tax) from 12% to 5% across the renewable energy value chain is expected to bring down the power procurement costs of discoms (distribution utilities) across...

Swiggy shares in focus after Q4 losses double to Rs 1,081 crore

Stocks
Swiggy shares will be in focus on Monday after the food delivery platform reported a sharp widening of its net loss for the...

Swiggy served Rs 158cr tax demand order

Business
NEW DELHI: Food and grocery delivery platform Swiggy on Tuesday said it received an assessment order with an additional tax demand...

Can Zomato shares hit Rs 310? Bernstein sees 35% upside despite quick commerce losses

Stocks
Zomato shares could rally by as much as 35% to Rs 310, according to brokerage firm Bernstein, which maintained its "outperform" rating on...

Market Wrap: D-Street ends lower ahead of RBI rate decision; Sensex sheds 213 points, Nifty below 23,650

Stocks
Indian benchmark indices ended in the red on Thursday, paring early gains, driven by losses in heavyweight consumer stocks, as caution prevailed in...

Stocks on brokerages’ radar for January 17

Business
J P Morgan has maintained its ‘overweight’ recommendations on Swiggy with a target price of Rs 730 (+51%) and Zomato with...

IPO boom: Record Rs 1.6 lakh crore raised in 2024; new year to see greater heights

Business
NEW DELHI: Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory...

Swiggy shares rally over 9%, extend gains after narrowing quarterly losses

Stocks
Newly listed Swiggy shares climbed as much as 9.2% on Thursday to Rs 565.85 on the BSE, extending a results-driven rally into a...

Swiggy seeking to sell shares for up to Rs 390 each in IPO

Business
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial...

Swiggy launches XL fleet to deliver large orders

Business
NEW DELHI: Food delivery platform Swiggy on Saturday officially launched its 'XL' fleet to handle large orders in Gurugram on the...

Upcoming IPOs: Hyundai, Swiggy, NTPC Green and more set to go public in coming months

Business
NEW DELHI: The Indian market is set to witness several companies go public in the next two months, including Hyundai Motor...

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