Ritika ordered groceries worth ₹300 through Swiggy, which were mistakenly delivered to another flat. Afte ...More

Ritika ordered groceries worth ₹300 through Swiggy, which were mistakenly delivered to another flat. After contacting the delivery partner, Ritika learned her order was marked as delivered. The resident who received the order expressed frustration. This incident raises awareness about the treatment of delivery partners and the consequences of customer complaints. Frontline workers deserve respect and understanding in their roles, as they serve essential needs. ...Less

Swiggy shares rebounded nearly 5% after plunging 17% following its Q2FY27 results. While food delivery pr ...More

Swiggy shares rebounded nearly 5% after plunging 17% following its Q2FY27 results. While food delivery profitability improved, widening Instamart losses prompted Jefferies and Nomura to cut target prices, even as brokerages retained bullish ratings. ...Less

Shares of Swiggy fell by 16.4% to ₹176.70, marking a record low for the company. This decline raises conc ...More

Shares of Swiggy fell by 16.4% to ₹176.70, marking a record low for the company. This decline raises concerns over cash burn and achieving profitability in its quick-commerce business. Analysts are questioning Swiggy's strategic choices and execution following its market debut. The widening losses in the quick-commerce segment have drawn attention to the company's overall performance. ...Less

Swiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart los ...More

Swiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery growth. Following Q2 results, brokerages cut their price targets, citing deteriorating quick-commerce profitability. Instamart’s adjusted EBITDA loss widened to ₹895 crore from ₹778 crore, while its contribution margin deteriorated to -1.4% despite 13.4% sequential growth in net order value. ...Less

In the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 ...More

In the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 crore, drastically outpacing Swiggy's Instamart, which reported Rs 6,553 crore. Meanwhile, Eternal's Zomato saw a healthy growth in net order value by 21.5%, compared to Swiggy's 17.7% increase. Swiggy is set to adopt an inventory model to boost profitability as both companies foresee ongoing growth in their delivery segments. ...Less

Swiggy Share Price: Swiggy experienced a notable decline in share prices after announcing a Rs 922 crore ...More

Swiggy Share Price: Swiggy experienced a notable decline in share prices after announcing a Rs 922 crore loss for the quarter. Revenue from operations rose 36% year-on-year to Rs 7,571 crore, indicating some growth potential. However, the company's adjusted EBITDA loss widened, raising concerns among investors regarding its financial health. Analysts have revised target prices downward, citing challenges in the quick commerce segment. ...Less

The company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5 ...More

The company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swiggy said its food delivery platform, excluding budget meals app Toing, clocked more than 20% growth in September, with more than 20 million transacting users. ...Less

Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated p ...More

Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922 crore in the second quarter of FY27 from Rs 1,092 crore in the same quarter of last year. However, on a sequential basis, losses increased from Rs 792 crore posted in the preceding June quarter. ...Less

The Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it o ...More

The Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it one of India’s largest consumer internet platforms by transaction volumes. Ride-hailing continues to comprise more than 95% of the company’s daily average orders. ...Less

Swiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations ...More

Swiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company aims to enhance profitability while managing competition from rival services like Blinkit and Zepto. Instamart's contribution margin is projected to improve, and overall growth is anticipated over the coming quarters. Swiggy's core food delivery business remains strong, showing significant growth and profitability. ...Less

He said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that ...More

He said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that it would not use its cash reserves to open new fronts simply because the money is available. “I think our first job is to build a stable, resilient business that has the clearest line of sight to EBITDA zero. The optionalities come after that,” he said on the call following the announcement of the company's September quarter results. ...Less

Food delivery and quick-commerce companies such as Zomato and Swiggy are seeking a levy based on the valu ...More

Food delivery and quick-commerce companies such as Zomato and Swiggy are seeking a levy based on the value of transactions facilitated through their platforms, while cab and bike-taxi aggregators such as Uber and Rapido want it to be calculated on their own turnover rather than the total value of rides facilitated. ...Less

Swiggy shares fell ahead of its Q2 FY27 results as investors assessed its path to profitability. Anand Ra ...More

Swiggy shares fell ahead of its Q2 FY27 results as investors assessed its path to profitability. Anand Rathi upgraded the stock to Buy, while rival Eternal reported strong earnings growth, supported by food delivery and quick commerce. ...Less

Eternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swigg ...More

Eternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swiggy’s is projected to grow 34-36% to around Rs 7,900-8,000 crore, according to brokerage estimates. ...Less

Nifty IT’s 18% October rally could signal a sustained leadership cycle, supported by improving momentum, ...More

Nifty IT’s 18% October rally could signal a sustained leadership cycle, supported by improving momentum, a bullish RSI crossover and capital rotation from global AI stocks. Analyst Vatsal Bhuva sees the index targeting 35,000. He remains cautious on Swiggy, bullish on Acutaas Chemicals, and recommends buying Persistent Systems and Eternal based on positive technical setups. ...Less

During the festive seasons of Navratri and Durga Puja, India saw a notable rise in the popularity of fast ...More

During the festive seasons of Navratri and Durga Puja, India saw a notable rise in the popularity of fasting meals and traditional sweets. Swiggy reported that dishes made with sabudana and vrat thalis were top picks among customers. Rasgulla stood out as the most ordered sweet, with orders significantly up from last year. This surge reflects the importance of food delivery services in honoring cultural festivities. ...Less

Eternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. ...More

Eternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkit’s growth to achieve profitability, while Swiggy emphasizes the quality of its expansion. Through private-label investments and habit-forming efforts, Swiggy's Instamart aims to enhance customer engagement. Both companies project a robust 20% annual growth in food delivery as Blinkit and Instamart work to expand their reach. ...Less

Anand James, Chief Market Strategist at Geojit Investments, says the recovery still looks like a narrow l ...More

Anand James, Chief Market Strategist at Geojit Investments, says the recovery still looks like a narrow largecap-led bounce, even as the 18% surge in Nifty IT points to the early stages of a possible leadership cycle. He also assesses Swiggy’s rebound prospects and names his top stock ideas for the week. ...Less

The transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 b ...More

The transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 basis points once fully implemented. It will also give the Bengaluru-based company better control over assortment, pricing, product availability, and day-to-day operations. ...Less

LKP Securities’ Vatsal Bhuva sees continued downside risks for Nifty and Bank Nifty, while identifying po ...More

LKP Securities’ Vatsal Bhuva sees continued downside risks for Nifty and Bank Nifty, while identifying potential rebounds in Swiggy and HDFC Bank. He also recommends Oriental Hotels and Apollo Hospitals, citing improving technical indicators and favourable chart setups. ...Less

Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in tod ...More

Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch. ...Less

Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and mor ...More

Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch. ...Less

Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ...More

Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5. ...Less

Introducing a game-changer in digital advertising, JioHotstar has launched StreamToCart Ads, an interacti ...More

Introducing a game-changer in digital advertising, JioHotstar has launched StreamToCart Ads, an interactive format that merges streaming with online shopping. Viewers can now browse and directly add products to their shopping carts without interrupting their viewing, consequently boosting user engagement. Advertisers are empowered to monitor user behaviors from impressions to purchases, optimizing their marketing strategies. ...Less

With market valuations becoming more attractive after the correction, SMIFS identifies six BUY-rated stoc ...More

With market valuations becoming more attractive after the correction, SMIFS identifies six BUY-rated stocks across sectors, offering potential upside of 20% to 116% based on target prices. ...Less

At least 63 stocks with a market capitalisation of over Rs 1,000 crore have lost more than half their val ...More

At least 63 stocks with a market capitalisation of over Rs 1,000 crore have lost more than half their value since last Diwali, with some plunging 60-95% amid a broad-based selloff across sectors. Elitecon International was the worst performer, tumbling 96%, followed by Reliance Infrastructure, Kothari Industrial Corporation and Fischer Medical Ventures. ...Less

Indian equities fell over 2% last week as rising crude oil prices, FII outflows and geopolitical tensions ...More

Indian equities fell over 2% last week as rising crude oil prices, FII outflows and geopolitical tensions weighed on sentiment. Broader markets underperformed, while global indices also declined and market breadth strongly favoured bears. ...Less

The company has started onboarding brands offering healthier, toxin-free, and sustainable products across ...More

The company has started onboarding brands offering healthier, toxin-free, and sustainable products across beauty and personal care (BPC), snacks and beverages, home decor, fashion, appliances, and other categories, people familiar with the development told ET. ...Less

While Blinkit is not looking to significantly expand its private label business, rival Instamart sees roo ...More

While Blinkit is not looking to significantly expand its private label business, rival Instamart sees room to grow its year-old private label brand Noice, its recently launched curated fruits and vegetables proposition Nectr, and its brand partnership initiative Switch. ...Less

In a landmark move, Jio Platforms, supported by Mukesh Ambani, successfully secured ₹30,213 crore, markin ...More

In a landmark move, Jio Platforms, supported by Mukesh Ambani, successfully secured ₹30,213 crore, marking the largest IPO in India’s history. Investment bankers were rewarded with ₹196 crore in fees, translating to only 0.65% of the total amount raised. In contrast, Hyundai Motor India achieved ₹27,859 crore while paying out a heftier ₹493 crore in fees, which amount to 1.77%. ...Less

Swiggy Limited has completed the sale of its shareholding in Lynks Logistics Limited to Trustroot Interne ...More

Swiggy Limited has completed the sale of its shareholding in Lynks Logistics Limited to Trustroot Internet Private Limited. The transaction was executed through its subsidiary, Swiggy Networks Limited, and concluded on October 15, 2026. This sale follows previous communication from Swiggy on September 7, 2026, about the intended transaction. Consequently, Lynks Logistics is no longer a subsidiary of either Swiggy Networks or Swiggy Limited. ...Less

Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment ...More

Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment banks kept fees relatively low at around 0.65% of the issue size. ...Less

In the upcoming week, the market gears up for an exciting round of initial public offerings, featuring fi ...More

In the upcoming week, the market gears up for an exciting round of initial public offerings, featuring five mainboard IPOs and four small and medium enterprise (SME) IPOs, with a target of raising ₹2,768 crore. The largest mainboard IPO comes from EAAA India Alternatives, aiming for ₹1,200 crore. Other participants include SFC Environmental Technologies with a ₹667.53 crore offer and MK Sons Fine Jewels planning to raise ₹275.40 crore. ...Less

Infosys has lowered its FY27 revenue guidance despite a rise in Q2 profit. This and more in today’s ETtec ...More

Infosys has lowered its FY27 revenue guidance despite a rise in Q2 profit. This and more in today’s ETtech Top 5. ...Less

India’s Q2 FY27 earnings show signs of resilience, with Jefferies reporting that 50% of the 105 companies ...More

India’s Q2 FY27 earnings show signs of resilience, with Jefferies reporting that 50% of the 105 companies it tracks received FY27 earnings estimate upgrades, while 41% saw downgrades and 9% remained unchanged. The share of companies beating expectations rose to 56% from 52% in the previous quarter, though the recovery remains uneven across sectors. ...Less

September quarter earnings exhibited significant revenue and profit growth for various companies in key s ...More

September quarter earnings exhibited significant revenue and profit growth for various companies in key sectors. Revenue rose by 22.1% with net profit increasing by 27.5%, surpassing the previous quarter. However, banking, IT, and pharmaceuticals sectors experienced a slow down in growth rates. Excluding lending, operating margins improved, indicating stronger performance in non-banking sectors. Analysts expect 13 out of 18 sectors to deliver double-digit sales growth in the coming quarters. ...Less

Eight brokerages have shortlisted 58 stocks for their Diwali 2026 portfolios across sectors such as banki ...More

Eight brokerages have shortlisted 58 stocks for their Diwali 2026 portfolios across sectors such as banking, IT, defence, automobiles and hospitality. Eternal, L&T and Indian Hotels are the most popular picks, featuring in four brokerage portfolios each, while Kotak Mahindra Bank appears in three. ICICI Bank, Tech Mahindra, Tata Steel and Adani Ports are among the other recurring recommendations. ...Less

Swiggy, Siemens Energy India, Nippon Life India Asset Management and KPIT Technologies featured in StockE ...More

Swiggy, Siemens Energy India, Nippon Life India Asset Management and KPIT Technologies featured in StockEdge’s F&O scan on October 22, with futures open interest rising more than 9% from the previous session. ...Less

Indian equity markets faced continued downward pressure, marked by persistent selling and negative global ...More

Indian equity markets faced continued downward pressure, marked by persistent selling and negative global indicators. The Nifty 50 index saw a decline, with analysts pointing out critical resistance and support points. Numerous companies disclosed their financial results, showcasing a mix of profits and setbacks for the September quarter. As various firms prepare to announce their quarterly earnings, market participants should remain vigilant over the coming days. ...Less

India's equity valuations have reached their lowest levels in six years after a recent market decline. Fa ...More

India's equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline include foreign selling, a weaker rupee, and rising crude prices. Despite lower valuations, overseas investors remain hesitant to invest in Indian equities due to comparative valuations. The MSCI India Index trades at a premium compared to other emerging markets, influencing foreign investor sentiment. ...Less

Indian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. Afte ...More

Indian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nifty 50 index dropped by 77.60 points to close at 22,811.35. Reliance Industries celebrated a reaffirmation from ICRA concerning its non-convertible debenture program, valued at Rs 12,000 crore. Eternal also reported impressive year-on-year growth in Q2 revenue and net profits. ...Less

Indian equities could face another leg of weakness unless the Nifty reclaims 22,800 early next week, with ...More

Indian equities could face another leg of weakness unless the Nifty reclaims 22,800 early next week, with the index strategist Anand James warning that a break below the 22,000–22,070 support zone could open the way towards 21,500. He also sees HDFC Bank’s long-term bullish structure as broken, with the stock vulnerable to ₹640, while the recent IT rebound appears more like a relief rally than a durable sector rotation. ...Less

Innovation-led investment opportunities in India are extending well beyond technology, with healthcare, a ...More

Innovation-led investment opportunities in India are extending well beyond technology, with healthcare, auto components and industrials emerging as key areas of interest, according to Shibani Kurian, Head of Equity Research and Senior Fund Manager at Kotak Mahindra AMC. “Innovation can be seen across sectors and not necessarily limited to technology,” she said. ...Less

byteXL has appointed four senior executives across operations, business, strategy and finance as it prepa ...More

byteXL has appointed four senior executives across operations, business, strategy and finance as it prepares to scale its institutional network from 40 to 120 colleges and reach 500,000 students over the next two years. The company is also expanding programmes in AI, GCCs, electric vehicles, semiconductors and precision engineering as it shifts towards a deeper technology focus. ...Less

India's benchmark 10-year government bond yield is expected to reach 7.75% by December. This increase is ...More

India's benchmark 10-year government bond yield is expected to reach 7.75% by December. This increase is influenced by high crude oil prices and tight liquidity conditions. Persistent bond supply and expectations of further monetary tightening are driving the yield higher. Foreign portfolio investors have sold significant amounts of Indian debt, contributing to market instability. Economic concerns are spreading across emerging markets due to the interplay of oil prices and yields. ...Less

As oil prices soar, the Indian stock market has deepened its losses, with both Sensex and Nifty experienc ...More

As oil prices soar, the Indian stock market has deepened its losses, with both Sensex and Nifty experiencing significant downturns. Broader markets have also retreated further into the negative. Nevertheless, analysts maintain that there are glimmers of hope for the upcoming week; a rally among large-cap stocks could pave the way for investor opportunities. ...Less

BlackRock Investment Institute has not yet adopted a bullish stance on Indian equities due to ongoing unc ...More

BlackRock Investment Institute has not yet adopted a bullish stance on Indian equities due to ongoing uncertainties. The firm anticipates greater clarity on corporate earnings and energy prices before changing its outlook. Despite elevated energy costs, India's economic resilience remains noteworthy amidst geopolitical tensions. Foreign investors have been net sellers of Indian equities for several months, impacting market performance. ...Less

Most of us will engage in festive shopping, making credit cards an appealing choice for discounts and cas ...More

Most of us will engage in festive shopping, making credit cards an appealing choice for discounts and cashback offers. But before choosing a card, analyse fees, rewards, and conditions on cashback. Check these 7 credit cards that are offering up to 10% cashback on online shopping, among other offers. These cards also have a low joining fee and one of them is lifetime free. ...Less

Indian equities enter Samvat 2083 after a volatile year and a sharp market correction. While lower valuat ...More

Indian equities enter Samvat 2083 after a volatile year and a sharp market correction. While lower valuations have improved the risk-reward profile of several stocks, persistent FII outflows, elevated crude oil prices and global uncertainties remain key concerns. Strong domestic fundamentals and earnings growth could support markets, but returns will increasingly depend on stock selection, valuations and earnings delivery. ...Less

SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising vola ...More

SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure. He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector. ...Less

Smallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warne ...More

Smallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warned that valuations remain difficult to justify. The Nifty Smallcap 250 index has fallen around 8% this week, while the Nifty Midcap 100 is down 6%, despite a resilient earnings growth outlook. ...Less

In this edition of ETMarkets Smart Talk, Saish Sawant, Research Analyst–Commodities at Emkay Global Finan ...More

In this edition of ETMarkets Smart Talk, Saish Sawant, Research Analyst–Commodities at Emkay Global Financial Services, breaks down the contrasting moves across gold, crude and copper. ...Less

Indian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured se ...More

Indian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 points, Nifty declined 124 points, and BSE-listed companies lost Rs 3 lakh crore in market value. ...Less

Tata Teleservices (Maharashtra) shares plunged on Friday, giving up some gains after rallying 19% in the ...More

Tata Teleservices (Maharashtra) shares plunged on Friday, giving up some gains after rallying 19% in the previous session following its Q2 results. The stock fell to Rs 34.24 on the NSE. The company reported a net loss of Rs 59 crore in Q2 FY27, narrowing from Rs 321 crore a year earlier and Rs 72 crore in the previous quarter. Despite the improvement, the stock has declined over 30% in 2026 so far and 59% in three years. ...Less

Happy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’ ...More

Happy Monday! Unacademy’s founders are raising a fund focused on AI and deeptech. This and more in today’s ETtech Morning Dispatch. ...Less

A business visitor's account of recovering his manager's lost phone in Bengaluru has drawn attention onli ...More

A business visitor's account of recovering his manager's lost phone in Bengaluru has drawn attention online after a dispute over its return allegedly escalated into a Rs 3,000 demand. The men approached the Chikkajala police after spending hours trying to resolve the issue themselves. The officers helped bridge a language barrier, contacted the driver and facilitated an arrangement to retrieve the device, prompting users to praise their response. ...Less

Veeramani, a Madurai-based content creator, has finally received the Diwali sweets he originally hoped fo ...More

Veeramani, a Madurai-based content creator, has finally received the Diwali sweets he originally hoped for after pranksters flooded his publicly shared address with unwanted cash-on-delivery orders for expensive products, including a reported Rs 70 crore tanker. The viral stunt took a happy turn when a quick-commerce platform stepped in with sweets and several gifts, turning the online prank into a festive surprise without any payment obligation. ...Less

Simplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million i ...More

Simplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million in funding, which could potentially boost its valuation from $100-120 million up to $300-400 million. Notable investors like Peak XV Partners and Damac Digital are eyeing stakes in the company, which was established by ex-Oracle and Google engineers. ...Less

HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose ...More

HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margins surged, fuel sales increased, and investments advanced infrastructure expansion, innovation, and green energy initiatives. ...Less

Over the past few weeks, much has been written about former employees of the online commerce company writ ...More

Over the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for liquidity on the stock options they were granted 10 to 15 years ago. On October 1, at least eight former senior executives, among them former Myntra CEO Mukesh Bansal and former chief business officer Ankit Nagori, wrote to Walmart chairman Gregory Penner, other board members and Flipkart Group CEO Kalyan Krishnamurthy, seeking a complete exit for all former employees holding vested options. ...Less

Silicon Valley-based Khosla Ventures, an early backer of ChatGPT maker OpenAI, first invested in the comp ...More

Silicon Valley-based Khosla Ventures, an early backer of ChatGPT maker OpenAI, first invested in the company in its $5-million seed round in 2021 and has participated in subsequent funding rounds. US-based Alpha Wave, which has invested in Indian companies such as Cred, Lenskart and Swiggy, co-led the second tranche of Even’s previous fundraise alongside Lachy Groom, in which the startup raised $20 million. ...Less

Jefferies’ Christopher Wood replaced Nvidia with Greek infrastructure company GEK TERNA in his global lon ...More

Jefferies’ Christopher Wood replaced Nvidia with Greek infrastructure company GEK TERNA in his global long-only equity portfolio in October 2025. Since then, GEK TERNA has gained 65% in US-dollar terms, compared with Nvidia’s 15%. The shift reflects Wood’s preference for infrastructure, fiscal reform and improving economic fundamentals over crowded AI trades. ...Less

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral ...More

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share. ...Less

India’s market correction has pushed several midcap stocks sharply below their 52-week highs. Ten stocks, ...More

India’s market correction has pushed several midcap stocks sharply below their 52-week highs. Ten stocks, including Rail Vikas Nigam, PB Fintech and Swiggy, have fallen between 40% and 53%, underperforming broader indices amid heightened volatility and sustained selling pressure. ...Less

Cyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue ...More

Cyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue to Rs 2,235 crore in Q2 FY27. Net profit declined 8% to Rs 132 crore. The board declared an interim dividend of Rs 12 per share, while its DET business reported stronger revenue and order intake. ...Less

The startup plans to use the capital to strengthen product development, expand into new categories, inves ...More

The startup plans to use the capital to strengthen product development, expand into new categories, invest in technology and brand building, and scale up distribution. ...Less

eMudhra will exit its global SSL/TLS certificate business following a security incident involving comprom ...More

eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. The segment contributes about 1% of its global revenue. The development follows a sharp 37% decline in eMudhra shares over the previous two trading sessions. ...Less

Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) ...More

Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, to $100. ...Less

MSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hover ...More

MSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in July. Taiwan’s stock exchange will be shut Friday due to a typhoon. Sentiment stayed weak as contracts for the Nasdaq 100 Index fell 0.3% in early Asian trading. ...Less

Ixigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boost ...More

Ixigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boosted by the sale of its stake in Freshbus. Gross transaction value rose 22% year-on-year to Rs 5,304.47 crore, while revenue grew 13% to Rs 320.96 crore and contribution margin increased 14% to Rs 124.86 crore. ...Less

Indian equity markets have faced a decline for four consecutive sessions, with the Nifty falling signific ...More

Indian equity markets have faced a decline for four consecutive sessions, with the Nifty falling significantly. Various factors, including selling by foreign investors and rising crude oil prices, have contributed to this downturn. Notable stocks such as Infosys and Kotak Mahindra Bank have attracted investor attention due to their quarterly earnings. Upcoming developments may influence market sentiment further as investors remain watchful. ...Less

Snowflake competes with Databricks to help large companies to store and analyse their data and, increasin ...More

Snowflake competes with Databricks to help large companies to store and analyse their data and, increasingly, build AI agents on its platform. In an interview, Sridhar Ramaswamy, chief executive of Snowflake, also said he has “a whole lot of paranoia” about staying relevant because the disruptor can itself be disrupted. Edited excerpts. ...Less

The AI-hiring startup plans to use the money for AI infrastructure, product development and sales and mar ...More

The AI-hiring startup plans to use the money for AI infrastructure, product development and sales and market expansion, targeting businesses that need to recruit and manage large workforces across locations and languages. ...Less

Brent crude traded 3% higher at $112.38 a barrel, while US West Texas Intermediate (WTI) crude was tradin ...More

Brent crude traded 3% higher at $112.38 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $100 a barrel. Brent had settled largely unchanged on Wednesday, while WTI had eased 67 cents. ...Less

Restaurants are stepping into a meal occasion traditionally associated with home kitchens to keep guests ...More

Restaurants are stepping into a meal occasion traditionally associated with home kitchens to keep guests observing dietary restrictions at the table. The appetite for outsourcing fasting food is already evident: during September 2025's Navratri, Swiggy delivered more than 100,000 vrat thalis, 99,200 plates of sabudana khichdi and 70,000 orders of sabudana vada, according to its annual food trends report. ...Less

The Indian stock market has witnessed losses for four consecutive sessions due to multiple factors. Oil p ...More

The Indian stock market has witnessed losses for four consecutive sessions due to multiple factors. Oil prices have surged to $114 per barrel following geopolitical tensions in the Middle East. Foreign institutional investors are actively selling Indian equities, leading to further market declines. Broader market indices such as Nifty Smallcap 100 and Nifty Midcap 100 are underperforming sharply. ...Less

Adani Total Gas Q2 Results: Adani Total Gas reported a 5.9% year-on-year rise in Q2FY27 net profit to Rs ...More

Adani Total Gas Q2 Results: Adani Total Gas reported a 5.9% year-on-year rise in Q2FY27 net profit to Rs 173.27 crore, while revenue from operations climbed 33.8% to Rs 2,109.65 crore. EBITDA grew 12% YoY, supported by higher CNG and PNG volumes and continued expansion of its city gas distribution network. ...Less

Multiple packaged goods companies are increasing their advertising expenditures to maintain consumer dema ...More

Multiple packaged goods companies are increasing their advertising expenditures to maintain consumer demand amid rising inflation. Nestle India reported a significant rise in ad spending during the September quarter to enhance brand trust. Regulatory scrutiny from the FSSAI has prompted brands to emphasize safety and integrity in their advertising. Influencer-led marketing efforts are expected to grow significantly during the upcoming festive season. ...Less

Udaan has shifted to a cluster-led operating model with greater accountability for performance at the cit ...More

Udaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according to Vishnu Menon, the company’s senior vice president, business finance. The approach marks a move away from expanding across markets towards improving efficiency and profitability in existing ones, he said. ...Less

The total valuation of businesses run by individuals under 35 in India rose significantly this year. The ...More

The total valuation of businesses run by individuals under 35 in India rose significantly this year. The number of young business leaders increased from 155 to 180, showing notable growth. A total of 37 companies on the list are valued at over $1 billion, employing more than 5.88 lakh people. Meanwhile, the emergence of founders in the artificial intelligence sector has quadrupled. ...Less

Swiggy, Groww parent Billionbrains Garage, Patanjali Foods, Astral, and PB Fintech emerged as the top fiv ...More

Swiggy, Groww parent Billionbrains Garage, Patanjali Foods, Astral, and PB Fintech emerged as the top five mid-cap stocks attracting the highest net buying from mutual funds in September, according to a Motilal Oswal report. Swiggy led the inflows with a Rs 6.3 billion value increase during the month. ...Less

Panasonic has recently appointed Japanese executives to senior roles in its Indian operations. The compan ...More

Panasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership back to an expat-led model after focusing on Indian leadership. Former executives, such as Manish Sharma and Sandeep Sehgal, have left the company, leading to significant changes in strategy. Panasonic has downsized its operations and streamlined its product offerings to focus on air-conditioners. ...Less

The regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he ...More

The regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he said. While platforms often mention a product's shelf life, consumers may not know the actual expiry date or batch number of products before placing an order. The government has been examining complaints accusing quick commerce platforms such as Blinkit, Zepto and Swiggy Instamart of failing to display product information, including expiry, best-before and use-by dates. ...Less

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. T ...More

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students. ...Less

Mutual funds significantly increased stakes in 45 stocks in September 2026 despite market volatility. Whi ...More

Mutual funds significantly increased stakes in 45 stocks in September 2026 despite market volatility. While gainers like PhysicsWallah and Meesho rallied up to 21%, heavy institutional buying in stocks like PB Fintech, Swiggy, and L&T Finance failed to stem steep price declines of up to 43%. ...Less

Norwest has made a noteworthy investment of over Rs 300 crore in SILA Properties, valuing the company at ...More

Norwest has made a noteworthy investment of over Rs 300 crore in SILA Properties, valuing the company at Rs 1,000 crore. This strategic funding marks a pivotal growth equity move within India's real estate arena. SILA intends to leverage this capital for land acquisitions and the development of luxury residential properties in Mumbai and Alibaug, with aspirations to attract more institutional investment through tailored platforms. ...Less

A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influ ...More

A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influencer Veeramani after followers began sending unwanted cash-on-delivery orders to his home. Deliveries reportedly included expensive electronics and food, prompting him to post an emotional appeal asking people to stop. Neighbours later said he had left his residence after repeated visits by delivery personnel. ...Less

The income tax department in India has identified significant tax evasion by thousands of restaurants. Ap ...More

The income tax department in India has identified significant tax evasion by thousands of restaurants. Approximately 8,000 restaurants showed discrepancies between their earnings and income tax filings over four years. The government aims to improve tax compliance through new measures and data analytics. Authorities previously estimated substantial under-reported income linked to missing sales records. The initiative intends to ensure fair taxation within the restaurant sector moving forward. ...Less

There is a set of companies that sees the shape of the economy before economists do. They know when a hou ...More

There is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold back; to buy better things or cheaper ones. This festive season, what these companies sell, and what they say about it afterwards, will tell you more about where consumption is headed than any official number. Watch them closely. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Indian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, ...More

Indian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of spending options. This changing consumer behavior shows significant growth in non-food expenditures over the years. The introduction of quick commerce has further diversified available products, making various goods more accessible. Both urban and rural consumers are seeking premium products alongside traditional staples. ...Less

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top f ...More

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations. ...Less

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“At Instamart, we're building a differentiated, high-quality assortment that consumers can trust and bran ...More

“At Instamart, we're building a differentiated, high-quality assortment that consumers can trust and brands can grow with. Noice is key to this ambition, giving India's food entrepreneurs the platform, standards, and capital to scale,” said Instamart CEO Nandita Sinha. ...Less

Indian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty ...More

Indian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty closing below 22,400 amid persistent FII selling, rising bond yields and geopolitical concerns. Investors will track key stocks, global cues, crude oil prices, inflation data and earnings expectations for Tuesday’s market direction. ...Less

The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for ...More

The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now reevaluating their product claims and formulations as they face regulatory pressure. This heightened scrutiny could lead to rising operational costs and may require pricing changes for consumers. The increased compliance standards will likely benefit organized companies while posing significant challenges for smaller, unregulated businesses over time. ...Less

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which wil ...More

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which will bring together a strong mix of past and present ETSA winners and nominees, alongside leading voices from India’s new-economy landscape. Goyal is expected to speak about the government’s efforts to deepen and expand the country’s emerging business ecosystem. ...Less

SBI Mutual Fund bought the shares at around Rs 253-254 apiece on September 29, taking its holding in Swig ...More

SBI Mutual Fund bought the shares at around Rs 253-254 apiece on September 29, taking its holding in Swiggy from 4.7% to 5.1%. ...Less

The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 fo ...More

The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 for scaling rapidly while maintaining profitability. Groww went public in November 2025 and has a market capitalisation of about $13 billion. ...Less

A group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. Th ...More

A group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company's plans for an initial public offering have been postponed again. Recent leadership changes at Flipkart have highlighted ongoing tensions between former executives and current management. The signatories argue that those who contributed to Flipkart's success deserve liquidity opportunities. ...Less