Swiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs ...More

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 435 target. ...Less

MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership l ...More

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. ...Less

The gap is narrow but significant, pointing to the rapid expansion of Flipkart's quick-commerce business ...More

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, Flipkart Minutes at 627, Swiggy Instamart at 615 and BigBasket at 497. ...Less

The Food on Train network now includes Kolhapur, Wardha, Shahdol, Kakinada, Bharatpur, Chittoor, Thanjavu ...More

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 fast food and carbonated drinks to healthier, refreshing options, it stated. ...Less

The transaction, which is also likely to see participation from Swish’s existing investors, is expected t ...More

The transaction, which is also likely to see participation from Swish’s existing investors, is expected to value the two-year-old company at around $200 million, one of the persons said. Swish had last raised $38 million in March at a valuation of $120 million. The round was led by Bain Capital Ventures, with participation from existing investor Accel. ...Less

Amazon Swiggy Bigbasket Food Licence Suspension News: Karnataka's Food Safety and Drugs Administration De ...More

Amazon Swiggy Bigbasket Food Licence Suspension News: Karnataka's Food Safety and Drugs Administration Department has suspended the food licences of Amazon, Swiggy Instamart and BigBasket after datura fruits and seeds were found listed as food products. The department ordered the platforms to remove the listings and stop selling or distributing datura for human consumption. ...Less

Swiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enab ...More

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 brokerage retained its Buy rating with a target price of Rs 435. ...Less

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players ...More

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players are targeting underpenetrated geographies, seeking a first-mover advantage in these markets. Established companies are deepening their networks in key cities while testing smaller dark store setups elsewhere. Blinkit leads in dark store count nationally and in six top cities, with a strong presence outside major hubs. ...Less

Swiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This ...More

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 stock management. Instamart's transition is part of Swiggy's broader strategy for profitability. ...Less

Retailers and quick-commerce platforms including D-Mart, BigBasket, Blinkit and Swiggy Instamart have sta ...More

Retailers and quick-commerce platforms including D-Mart, BigBasket, Blinkit and Swiggy Instamart have started limiting sugar purchases as supplies tighten ahead of the festive season. Retail sugar prices have risen about 40% in two months. ...Less

Swiggy executive Saptarshi Prakash has highlighted the company's policy of granting employees the followi ...More

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 public holidays and weekly days off in India. ...Less

Swiggy shareholders have approved proposals enabling the company to become Indian-owned and controlled, i ...More

Swiggy shareholders have approved proposals enabling the company to become Indian-owned and controlled, including changes to board appointments and a 49.5% cap on foreign shareholding. The move will allow Instamart to shift to an inventory-led model. Swiggy also announced senior leadership appointments across its food delivery and quick commerce businesses. ...Less

Major retailers are limiting sugar purchases to three kilograms per customer. Quick commerce platforms al ...More

Major retailers are limiting sugar purchases to three kilograms per customer. Quick commerce platforms also restrict sugar sales to a few packs. This comes as sugar supplies tighten before the Raksha Bandhan festival. Government-approved raw sugar imports aim to ease the tight stock situation. Prices have risen significantly and are expected to continue increasing. ...Less

The state government has approached other platforms to fill the vacancies. Delhivery, Namma Yatri and Yul ...More

The state government has approached other platforms to fill the vacancies. Delhivery, Namma Yatri and Yulu have responded positively and agreed to join the board, people familiar with the development told ET. So far only 15 platform companies have registered with the board, collectively representing about seven lakh gig workers. ...Less

Companies employing lower-paid and gig workers are facing higher labour costs after more than 15 states r ...More

Companies employing lower-paid and gig workers are facing higher labour costs after more than 15 states raised minimum wages since April, adding pressure ahead of the festive season. ...Less

Himavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Ga ...More

Himavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Garg has been appointed the chief technology officer (CTO). Saurav Goyal has been appointed chief operating officer (COO) of food marketplace Swiggy. ...Less

The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest R ...More

The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest Rs 2-10 crore in 15-20 companies across areas including space systems, defence, energy, maritime intelligence, advanced manufacturing and other technologies linked to national security and strategic infrastructure. ...Less

Swiggy has introduced Guru, an AI-powered business assistant for its restaurant partners. This platform o ...More

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 accessibility. ...Less

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for ...More

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories. ...Less

India’s food safety crackdown is prompting restaurants and food delivery platforms to tighten checks on i ...More

India’s food safety crackdown is prompting restaurants and food delivery platforms to tighten checks on ingredients, suppliers, hygiene and staff training. QSR and fine-dining chains are strengthening vendor audits and kitchen controls, while quick commerce firma Zomato has warned of strict action against restaurants using items such as analogue paneer amid growing regulatory and public scrutiny. ...Less

India's e-commerce market will nearly triple to USD 345 billion by 2030. Quick commerce is the fastest-gr ...More

India's e-commerce market will nearly triple to USD 345 billion by 2030. Quick commerce is the fastest-growing segment, contributing significantly to this expansion. Gen Z will become the largest digital spending group, driving online purchases. E-commerce will represent a substantial portion of total retail spending nationwide. Artificial intelligence will boost retail productivity and transform consumer shopping experiences. ...Less

The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive c ...More

The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive chairman, Wipro. Members of the jury included Sachin Bansal, cofounder, Flipkart and Navi; Vijay Shekhar Sharma, founder and CEO, Paytm; Mukesh Bansal, cofounder, Myntra; Mithun Sacheti, cofounder, CaratLane; Nandita Sinha, CEO, Swiggy Instamart; Ajit Mohan, chief business officer, Snap Inc; Irina Ghose, MD, Anthropic India; Paras Chopra, founder, Wingify, Lossfunk; Abhiraj Singh Bhal, cofounder and CEO, Urban Company; and Aryaman Birla, director, Aditya Birla Group. ...Less

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go publi ...More

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech Morning Dispatch. ...Less

Samir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, ...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. ...Less

Women remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic ...More

Women remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic bank accounts. An ILO-NCAER study cites gaps in digital skills, mobility, safety and social norms as barriers, even as India’s gig workforce is projected to reach 23.5 million by 2029-30. ...Less

Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles o ...More

Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles offering predictable earnings or lower expenses. Employers are expanding incentives and EV-linked opportunities to attract delivery workers. Job postings for electric vehicle roles and fixed-pay positions have seen significant growth. This trend indicates a move towards more sustainable gig work as a livelihood. ...Less

Zomato is piloting food vending machines in Gurugram corporate offices. This new initiative, Zomato Now, ...More

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. ...Less

With the launch of its quick commerce initiative in India alongside Swiggy Instamart, MINISO introduces o ...More

With the launch of its quick commerce initiative in India alongside Swiggy Instamart, MINISO introduces over ninety lifestyle items, featuring well-loved franchise merchandise. This partnership enhances Instamart's inventory, providing more than just essential goods. MINISO is focused on reaching a diverse customer base with expedited digital delivery services and has plans to broaden its product selection and geographic reach in the upcoming months. ...Less

HNIs’ holdings in NSE-listed stocks surged 22.55% QoQ to a record Rs 9.92 lakh crore by June-end, adding ...More

HNIs’ holdings in NSE-listed stocks surged 22.55% QoQ to a record Rs 9.92 lakh crore by June-end, adding Rs 1.83 lakh crore in three months. Their share of market value rose to 2.12%, the highest since March 2022. However, average ownership by volume fell to 7.19% from 7.31%, suggesting the rise was driven largely by stock price gains and greater exposure to high-value companies rather than fresh buying. ...Less

A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economi ...More

A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economic Times Startup Awards. The awards recognise entrepreneurial excellence across categories including innovation, women-led ventures and social enterprise. The coveted Startup of the Year nominees include Porter, Skyroot Aerospace, Rapido, Meesho, Groww and Sarvam. ...Less

A woman who works remotely has shared the elaborate connectivity setup she used during a six-hour train j ...More

A woman who works remotely has shared the elaborate connectivity setup she used during a six-hour train journey to Mysore while continuing her job. She carried Airtel, Jio and BSNL SIM cards, used a separate phone for internet access and connected it to her laptop. She also discovered that passengers can order food through delivery apps during station stops, sparking reactions online. ...Less

MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, ...More

MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The final 30 minutes of Monday’s session could see significant activity as investors adjust positions. According to Nuvama Alternative and Quantitative Research, the changes include index additions and exclusions, along with weight revisions across several stocks. ...Less

Founded in 2024 by chef and content creator Sanjyot Keer and entrepreneur Neeraj Kumawat, Curaa designs k ...More

Founded in 2024 by chef and content creator Sanjyot Keer and entrepreneur Neeraj Kumawat, Curaa designs kitchen appliances and tools tailored for Indian cooking habits. The company said the fresh capital will be used for product development, branding, and supply chain management, while also supporting its omnichannel expansion plans. ...Less

Algorithms and logistics are subtly redesigning India's urban geography and economics. Dark stores and ri ...More

Algorithms and logistics are subtly redesigning India's urban geography and economics. Dark stores and ride-hailing platforms are altering street-level operations and traffic patterns. Informal services are transforming residential areas with app-mediated worker circulation. Existing zoning regulations struggle to keep pace with these rapid changes. New principles are needed to integrate gig work into urban planning. ...Less

In July, Helios Mid Cap Fund boosted its investments by increasing its stake in Swiggy among twenty other ...More

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 portfolio as one of the seven new entries, with the fund maintaining the same exposure in thirty-eight existing companies. ...Less

Quick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and gr ...More

Quick commerce platforms saw a sharp rise in Raksha Bandhan orders, driven by last-minute shopping and growing demand for premium gifts. Rakhi orders surged on Instamart, while jewellery, beauty and personal care, chocolates, electronics and gift hampers also saw strong demand. Smaller cities and non-traditional gifting categories gained traction this year. ...Less

A viral video from Kanpur’s Panki Industrial Area shows a large crowd collecting expired chocolates and t ...More

A viral video from Kanpur’s Panki Industrial Area shows a large crowd collecting expired chocolates and toffees allegedly dumped by a factory. The incident has raised concerns over food safety and the improper disposal of expired food, though authorities have not yet independently confirmed the details. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

Reliance Consumer Products has entered India’s ice-cream market with Bombay Creamery, pricing cups, cones ...More

Reliance Consumer Products has entered India’s ice-cream market with Bombay Creamery, pricing cups, cones and sticks from ₹10. The brand is initially rolling out across western India before a planned nationwide expansion, bringing RIL’s low-price, high-distribution strategy to another consumer category. ...Less

Zepto is deviating from its earlier strategy of chasing order volume growth and is instead focusing on av ...More

Zepto is deviating from its earlier strategy of chasing order volume growth and is instead focusing on average order value (AOV), according to people with knowledge of the matter. That makes it the third large quick commerce player, after Eternal-owned Blinkit and Swiggy’s Instamart, to sacrifice growth in pursuit of an improvement in net profit. ...Less

Maharashtra's food safety chief has taken action by suspending 12 warehouses' permits for grocery giants ...More

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 risks. ...Less

Social media outrage is driving India's food-safety crackdown across the nation. Viral posts expose hygie ...More

Social media outrage is driving India's food-safety crackdown across the nation. Viral posts expose hygiene issues, prompting increased government inspections of food businesses. Regulators are stepping up checks, leading to suspensions and product seizures nationwide. This enforcement drive targets restaurants, hotels, and quick-commerce operations. ...Less

Shiprocket shares extended their strong listing-day gains with a 6% jump on Thursday. This and more in to ...More

Shiprocket shares extended their strong listing-day gains with a 6% jump on Thursday. This and more in today’s ETtech Top 5. ...Less

Maharashtra's food safety chief has taken decisive action by suspending warehouse permits for leading gro ...More

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 failing to meet hygiene requirements, marking a significant push for improved food safety regulations throughout the state. ...Less

99 Store has a dedicated section within the Swiggy Food app. While it offers food across categories, the ...More

99 Store has a dedicated section within the Swiggy Food app. While it offers food across categories, the most popular food choices on 99 Store include Bowls and Thalis, South Indian Breakfast, Burgers and American food, Pizzas, Beverages, Chaats and other snacks. ...Less

India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives ...More

India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies like Tata Sons and HDFC Bank. This leadership churn indicates a period of transition for India Inc. Meanwhile, influential tech leaders are moving to AI companies like OpenAI. These shifts highlight evolving strategies and the increasing demand for AI expertise. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

India’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance r ...More

India’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance remains sharply divided. A growing listed universe is giving venture investors clearer exit routes and private companies more valuation benchmarks. Public-market discipline is also influencing late-stage funding and forcing companies such as PhonePe and Zepto to rethink IPO valuations. ...Less

Deepinder Goyal revealed his experimental Temple wearable is now significantly smaller. This device track ...More

Deepinder Goyal revealed his experimental Temple wearable is now significantly smaller. This device tracks cerebral blood flow and neurological markers. The company plans to start taking pre-orders for a limited edition soon. Shipments of the Temple wearable are anticipated before the end of 2026. Interested individuals can join the mailing list for future updates. ...Less

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru t ...More

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars in India’s startup galaxy. This and more in today’s ETtech Morning Dispatch. ...Less

Bengaluru-based investor and IIT Delhi alumnus Ishan Preet Singh has claimed that entering an IIT is math ...More

Bengaluru-based investor and IIT Delhi alumnus Ishan Preet Singh has claimed that entering an IIT is mathematically “20 times harder” than getting into Harvard. In an Instagram vox pop interview, he discussed India’s rapid growth, founders returning from the US, career advice, passion, ambition, financial success and the importance of enjoying the work. ...Less

Regular SIP investing helps investors benefit from compounding, rupee-cost averaging and financial discip ...More

Regular SIP investing helps investors benefit from compounding, rupee-cost averaging and financial discipline. While missing one instalment may have limited impact, repeatedly skipping SIPs can reduce long-term wealth, disrupt investment habits, affect financial goals and potentially interrupt mandates. Investors facing difficulties should consider temporarily reducing or pausing SIPs rather than stopping investments altogether. ...Less

The rivalry in the quick commerce sector heats up as Q1 results show stark contrasts between Eternal and ...More

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 keen on observing, particularly in how they each navigate the balance between expansion and profitability. ...Less

Goodluck India in July announced its maiden bonus issue in the ratio of 2:1. Under the proposal, eligible ...More

Goodluck India in July announced its maiden bonus issue in the ratio of 2:1. Under the proposal, eligible shareholders will receive two bonus equity shares of face value Rs 2 each for every one equity share held as of the record date, which will be announced separately. ...Less

Quick commerce firms are engaging with manufacturers to boost sales of large appliances. Established e-co ...More

Quick commerce firms are engaging with manufacturers to boost sales of large appliances. Established e-commerce players are also striving for quicker delivery options. Some businesses are considering models that utilize manufacturer warehouses alongside retail locations. This strategic move is intended to elevate average order values and enhance profit margins, reflecting the evolving consumer demand for speedy delivery across various categories. ...Less

HDFC Mutual Fund managed Rs 6.31 lakh crore across 163 funds in July 2026. Its top holdings included HDFC ...More

HDFC Mutual Fund managed Rs 6.31 lakh crore across 163 funds in July 2026. Its top holdings included HDFC Bank, ICICI Bank, SBI, Eternal, Bharti Airtel, Axis Bank, RIL, BEL, L&T and Maruti Suzuki, with selective portfolio shifts. ...Less

In July, gold showcased impressive returns, significantly outpacing the equity markets as investors shift ...More

In July, gold showcased impressive returns, significantly outpacing the equity markets as investors shifted their focus to secure assets, such as money market funds. Following a robust performance in June, precious metal fund inflows saw a notable decline. Conversely, fixed-income funds experienced a turnaround, drawing in new capital. This shift highlights a growing preference among investors for safety rather than chasing after market highs. ...Less

Connected TV households in India now number sixty-two to sixty-five million viewers. Growth is significan ...More

Connected TV households in India now number sixty-two to sixty-five million viewers. Growth is significantly higher in smaller towns and rural areas across India. This expansion is not replacing linear television but complementing its viewership. Prime time viewership is emerging strongly on both CTV and linear platforms. Household-level measurement and frequency management are key challenges for advertisers. ...Less

Razorpay has launched an AI foundation model to enhance online payment success. This advanced system impr ...More

Razorpay has launched an AI foundation model to enhance online payment success. This advanced system improves fraud detection and payment routing capabilities significantly. The model learns from billions of transactions, processing thousands of signals per payment. Beta tests show improved success rates and better fraud identification for merchants. ...Less

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). ...More

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honours, we are announcing the nominees for the Best on Campus and Comeback Kid categories for you today. ...Less

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA) ...More

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA). A few days before our esteemed jury convenes to pick the winners, we reveal nominees for the most coveted categories: Startup of the Year and Midas Touch for the best investor. ...Less

The 12th edition of The Economic Times Startup Awards (ETSA) is approaching. Our esteemed jury will conve ...More

The 12th edition of The Economic Times Startup Awards (ETSA) is approaching. Our esteemed jury will convene in Bengaluru next week to pick the winners. Today, we revealed the most coveted categories of ETSA: Startup of the Year and Midas Touch, for the best investor. ...Less

HSBC Midcap Fund, with an AUM of Rs 15,578 crore as of July 2026, has delivered strong long-term returns, ...More

HSBC Midcap Fund, with an AUM of Rs 15,578 crore as of July 2026, has delivered strong long-term returns, growing a Rs 10,000 monthly SIP to Rs 2.43 crore since inception with an XIRR of 17.33%. The fund has generated 23.17% CAGR over the past three years and follows a bottom-up investment approach focused on quality businesses and structural growth opportunities. ...Less

AMFI has launched five initiatives to deepen mutual fund participation, focusing on investor education, w ...More

AMFI has launched five initiatives to deepen mutual fund participation, focusing on investor education, women, smaller cities, first-time investors and underserved communities. Partnerships with NISM, Sa-Dhan and Pinkathon aim to expand awareness, strengthen distributor ethics and encourage informed, responsible investing nationwide. ...Less

MSCI announced changes to India indices, adding four stocks and removing three. India's weight in the MSC ...More

MSCI announced changes to India indices, adding four stocks and removing three. India's weight in the MSCI India Standard Index will rise slightly to 11.9 percent. Lenskart Solutions and Adani Energy Solutions are among the new inclusions. Astral and Balkrishna Industries will move to the Smallcap Index after exclusion. These changes will take effect on August 31, impacting fund flows. ...Less

Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly ...More

Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns. ...Less

ICICI Prudential Value Fund’s Rs 10,000 monthly SIP grew to ₹2.37 crore over 22 years, delivering 17.04% ...More

ICICI Prudential Value Fund’s Rs 10,000 monthly SIP grew to ₹2.37 crore over 22 years, delivering 17.04% XIRR. A Rs 1 lakh lump-sum investment reached Rs 46.6 lakh, outperforming Nifty 50 TRI. With Rs 61,102 crore AUM, the fund follows a diversified value strategy focused on long-term wealth creation across market cycles. ...Less

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition ...More

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the nominees for two more categories: Woman Ahead and Social Enterprise. ...Less

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who ...More

Rishad Premji will helm a group of accomplished founders, business leaders and veteran entrepreneurs, who have built and scaled some of India’s best-known new economy companies — in ecommerce, fintech and software products — weathered multiple cycles and successfully exited their businesses. ...Less

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for ...More

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for the ETtech team, the thrill of sifting through the best of Indian entrepreneurship makes up for every late night in the newsroom. ...Less

The discussions, led by Swiggy CEO (food marketplace, dineout & crew) Rohit Kapoor, chief business office ...More

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. ...Less

HDFC Mid Cap Fund has impressively yielded a 20% return over the past five years. The fund manager focuse ...More

HDFC Mid Cap Fund has impressively yielded a 20% return over the past five years. The fund manager focuses on selecting high-quality businesses while emphasizing long-term compounding in its strategy. Experts commend its conviction in stock choices and a steadfast buy-and-hold philosophy. It’s important for investors to evaluate their overall exposure to mid-cap investments before taking action. ...Less

Swiggy shares rose after the company unveiled an ambitious FY31 roadmap targeting Rs 10,000 crore in Adju ...More

Swiggy shares rose after the company unveiled an ambitious FY31 roadmap targeting Rs 10,000 crore in Adjusted EBITDA. It aims to more than triple consolidated GOV to Rs 2.5 lakh crore from Rs 67,734 crore in FY26, driven by food delivery, Instamart and Dineout. ...Less

Food delivery platforms Ownly and magicpin are seeking greater market share in India. Both platforms repo ...More

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 to benefit the overall food delivery industry. ...Less

Swiggy's Instamart is targeting an impressive ₹60,000 crore in annualised net order value to achieve prof ...More

Swiggy's Instamart is targeting an impressive ₹60,000 crore in annualised net order value to achieve profitability. To reach this goal, the platform must double its current orders and enhance contribution margins significantly. This means Instamart should aim to garner an additional ₹30 per order through various optimizations. However, the competitive advantage of Blinkit's size and profitability poses a formidable challenge amid the ongoing balancing act of growth and economic recovery. ...Less

Shiprocket’s strong stock market debut reflects surging investor confidence in India’s tech-driven e-comm ...More

Shiprocket’s strong stock market debut reflects surging investor confidence in India’s tech-driven e-commerce infrastructure. As rapid D2C expansion, SMB digitization, and quick commerce transform Tier-2 and Tier-3 markets, Shiprocket’s neutral API aggregation model unifies a fragmented logistics ecosystem. Beyond core shipping aggregation, the platform's long-term growth is powered by expanding merchant fulfillment, payments, and checkout workflows. ...Less

Astral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the ...More

Astral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the MSCI India Index. Astral and Balkrishna Industries will, however, be moved to the MSCI India Smallcap Index. ...Less

The Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims ...More

The Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims to invest early and help companies scale to $1-2 billion-plus businesses. Portfolio companies such as Zetwerk, Infra.Market, Acko, Curefit, and Spinny are among those in the pipeline to go public over the next year. ...Less

Swiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery bu ...More

Swiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery business will contribute five thousand crore rupees to this goal. The quick commerce unit, Instamart, is expected to generate four thousand crore rupees. Swiggy also targets one lakh crore rupees in net order value across its operations. The company is working to make its quick commerce unit profitable soon. ...Less

Bajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valua ...More

Bajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valuation of about $250 million, up from $200-210 million previously, sources said. The fundraise comes at a time when energy transition, the larger umbrella under which EV falls, has emerged as one of the fastest-growing themes within India’s deeptech venture ecosystem. ...Less

The Bajaj Auto-backed company said it will increase its active fleet to 200,000 electric vehicles over th ...More

The Bajaj Auto-backed company said it will increase its active fleet to 200,000 electric vehicles over the next two years, expand service hubs and deepen partnerships with enterprises. It did not disclose the lenders, its valuation or name any other equity investors in the round. ...Less

Aditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusiv ...More

Aditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusive interaction that the firm is seeing a growing pool of Indian founders willing to take on harder, more ambitious problems across aerospace, semiconductors, biotech, defence, energy, and physical AI. ...Less

Seven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an E ...More

Seven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an ET analysis of 27 companies showed. Four of the seven stocks that opened below their issue prices have since moved above them. The remaining three opened at their issue prices. ...Less

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate pla ...More

About 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate plans or gifting, per a study conducted by social media app Snapchat and market research firm GWI. The research, titled ‘Unlocking India's Gen Z Shopping Circles’ was conducted in June with 1,000 participants between the age group of 16-27. ...Less

This compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage v ...More

This compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage vehicle it launched with a corpus of Rs 700 crore. ...Less

Ola Electric posted an improved June-quarter performance as deliveries picked up. This and more in today' ...More

Ola Electric posted an improved June-quarter performance as deliveries picked up. This and more in today's ETtech Top 5. ...Less

Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The com ...More

Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company's net loss decreased by thirty-four percent year-on-year in the first quarter. Revenue from operations increased more than thirty-seven percent year-on-year during the April-June quarter. Analysts offered mixed recommendations, with some maintaining buy ratings and others downgrading the stock. The focus remains on achieving profitability in quick commerce while sustaining food delivery growth. ...Less

Credit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, ...More

Credit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, HDFC, SBI, PNB, IDFC First and Bank of Baroda offering complimentary domestic and international lounge visits, with some having no minimum spend criteria. Check out these 7 debit cards that offer lounge access. ...Less

Quick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive se ...More

Quick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive season. This surge reflects increased product availability and consumer preference for instant deliveries. Tech-savvy individuals are particularly sought after for specialized operational roles. Staffing firms project around one hundred thousand temporary jobs, with some estimates reaching three hundred thousand. Wages are expected to rise between twelve and twenty-two percent based on work location. ...Less

Sunshine Pictures’ IPO opens August 18, 2026, closing August 20. The price band is set at ₹342-360, with ...More

Sunshine Pictures’ IPO opens August 18, 2026, closing August 20. The price band is set at ₹342-360, with a lot size of 41 shares. The company aims to raise ₹282.14 crore to fund working capital and general corporate needs. ...Less

SBI Securities’ Sudeep Shah expects Nifty to remain rangebound, with 24,300–24,800 as key levels. He pref ...More

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. ...Less

Shiprocket is set to launch its IPO after lowering its issue size. This and more in today's ETtech Top 5. ...More

Shiprocket is set to launch its IPO after lowering its issue size. This and more in today's ETtech Top 5. ...Less

Consumer demand in India is expected to strengthen during the upcoming festive season. Companies face ris ...More

Consumer demand in India is expected to strengthen during the upcoming festive season. Companies face rising input costs and intense competition from quick-commerce platforms. Improving purchasing power supports this positive outlook for consumer spending. However, businesses must adapt to premiumization and digital shifts in consumption. Sustained growth hinges on margin protection and faster innovation strategies. ...Less

Among the key assurances, Zomato agreed that restaurants and darshinis would have the choice to opt into ...More

Among the key assurances, Zomato agreed that restaurants and darshinis would have the choice to opt into promotional and discount campaigns instead of being enrolled by default. The platform also agreed to seek explicit consent through email or OTP before enrolling restaurants in promotional programmes. ...Less

The latest move comes amid growing friction between restaurant associations and food delivery platforms o ...More

The latest move comes amid growing friction between restaurant associations and food delivery platforms over commissions, discounting policies and platform fees. Earlier this year, several Bengaluru restaurants temporarily went offline on food delivery apps, alleging that deep discounting and high commissions were hurting their profitability. ...Less

New players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato ...More

New players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato and Swiggy by offering lower restaurant commissions. Swiggy launched Toing, while Zomato uses Blinkit's Bistro for affordable food. Both aim to expand the market by attracting price-sensitive customers. Industry watchers question the long-term impact on market expansion. ...Less

Former Swiggy and Zomato executives have launched Profound, an AI representative platform. This new start ...More

Former Swiggy and Zomato executives have launched Profound, an AI representative platform. This new startup has secured significant seed funding from prominent investors. Professionals can create customized AI representatives through brief voice conversations. The platform aims to revolutionize hiring, mentoring, and networking processes for organizations. Profound plans a public beta launch before its full rollout later this year. ...Less

As N. Chandras ekaran prepares to step down, Tata Sons faces a pivotal succession dilemma. The new chairm ...More

As N. Chandras ekaran prepares to step down, Tata Sons faces a pivotal succession dilemma. The new chairman will take the reins of iconic brands including Air India and JLR, each laden with intricate challenges. TCS is set to embrace the advancing AI landscape while Tata Digital strives for profitable growth. ...Less