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Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with InstamartSwiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery gro...
Sensex sinks over 1,000 pts from day's high, Nifty below 22,500. What's ahead for D-Street?As oil prices soar, the Indian stock market has deepened its losses, with both Sensex and Nifty experiencing significant downturns. Broader...
Swiggy shares crash 14%, hit 52-week low after Q2 results. Here’s why Jefferies, Nomura, Bernstein cut target priceSwiggy experienced a notable decline in share prices after announcing a Rs 922 crore loss for the quarter. Revenue from operations rose 36%...
eMudhra shares crash another 4%, down 40% in 3 sessions. What's behind this free fall?eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight ...
Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s whyOla Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23,...
Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?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%, t...
Swiggy’s Q2 report card; eMudhra to exit certificate bizSwiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.
Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 croreSwiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company ...
Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922...
Oil Price Today (October 22): Crude oil above $112 as energy infra attacks heighten supply fears. More tension ahead?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 h...
Chapter Home raises Rs 63 crore from Bessemer, Stride Ventures, othersThe startup plans to use the capital to strengthen product development, expand into new categories, invest in technology and brand building...
Swiggy shares slide over 5% ahead of Q2 results. What are analysts saying?Swiggy shares fell ahead of its Q2 FY27 results as investors assessed its path to profitability. Anand Rathi upgraded the stock to Buy, whi...
Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focusEternal’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...
AI hiring startup Hunar.AI raises Rs 40 crore from Blume Ventures, othersThe AI-hiring startup plans to use the money for AI infrastructure, product development and sales and market expansion, targeting businesse...
Regulate the agents, not just the labs: Snowflake CEO on AI safetySnowflake competes with Databricks to help large companies to store and analyse their data and, increasingly, build AI agents on its platfo...
Udaan sees growth after four years with 13% rise in revenuesUdaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according t...
Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 daysThere 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 ba...
Restaurants face income tax scrutiny as suspected tax evasion tops Rs 25,000 croreThe income tax department in India has identified significant tax evasion by thousands of restaurants. Approximately 8,000 restaurants show...
From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
DMart plunges 6.7% as Citi, Goldman retain sell callAvenue Supermarts' shares fell by 6.7% on Monday amid worries about its competitive landscape and valuation concerns. Citi and Goldman Sach...