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JP MORGAN REPORT SWIGGY
Company in a strong position, competition poses no threat to growth: Swiggy“We believe our competitive position in food delivery is durable with no near-term risks to the underlying growth trajectory. We have been ...- Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoYSwiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose...
- US Stock Market: JP Morgan brings forward Fed rate hike call to December after July policy meetingJ.P. Morgan has brought forward its forecast for the next US Federal Reserve rate hike to December 2026 after the Fed held interest rates s...
- Bengaluru hotels threaten Swiggy boycott from August 15Bengaluru hotels will suspend business with Swiggy from August 15. They demand transparency in payment statements and opt-out options. Unau...
- Zepto negotiating IPO pricing; may defer listing over next few weeks: sourcesZepto IPO delay: People aware of the discussions told ET that the company has received a formal price indication from large institutional i...
- Bengaluru restaurant bodies warn of Swiggy, Zomato boycott in 15 days over commissionsBengaluru restaurant owners are threatening a boycott of Swiggy and Zomato. They demand lower commissions and customer data sharing from th...
- Swiggy shares jump 8%, rally 15% in 3 days. What's boosting investor sentiment?Swiggy shares climbed significantly, extending recent gains for a third consecutive session. Nandita Sinha, former Myntra CEO, now leads Sw...
- How actor Morgan Freeman turned his 124-acre ranch in Mississippi into a safe haven for beesHollywood actor Morgan Freeman transformed his ranch into a bee sanctuary. He began beekeeping in 2014 after learning about pollinator decl...
- Manipal Health IPO: Co. garners Rs 4,167 crore from anchor investors; ADIA, Morgan Stanley among investorsManipal Health Enterprises secured Rs 4,167 crore from anchor investors for its upcoming IPO. The company's initial public offering is set ...
- Ex-Myntra chief Nandita Sinha named Swiggy Instamart CEO; Amitesh Jha exitsSinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group vete...
- Meta, BlackRock partner on $14 billion El Paso data centerMeta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own eighty per...
- Rapido integrates Ownly into main app as food delivery contest widensRapido has integrated its food delivery service Ownly into its main app in Bengaluru, expanding restaurant reach while using its rider netw...
- Bengaluru restaurants to meet on July 28 to push back against Swiggy feesThe Bangalore Hotels Association expects around 250 restaurateurs to attend the meeting to examine what they say are multiple fees that hav...
- RBI Intervention shields rupee in face of oil, hedging strainOn Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped ...
- Flipkart may add food delivery to its product offeringsFlipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato a...
- Why Swiggy shares fell over 5% today: Foreign ownership cap sparks $460 million passive outflow fearsSwiggy shares fell after the company proposed cutting its foreign ownership limit to 49.5% from 100%, raising concerns over its eligibility...
- Malaysia launches dollar Islamic bond for infra and government projects, term sheet showsMarking a significant return to the international dollar market, Malaysia has announced a dual-tranche U.S. dollar Islamic bond offering fo...
- Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder GoyalOn the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the...
- Global Market: Airbus shares surge over 5% after €5 billion buyback, ambitious 2029 profit targetsAirbus shares rose significantly after announcing a €5 billion share buyback program. The company outlined ambitious financial targets for ...
- Long-term investment case for India remains very strong: Kevin Foley, co-head of global investment banking at J.P. MorganJ.P. Morgan identifies India as a priority market due to its strong economic growth. The firm is expanding its local investment banking tea...
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