Mumbai: Swiggy’s share worth has taken a pointy hit this 12 months by plunging 38.32 per cent year-to-date (YTD) on the Nationwide Inventory Alternate (NSE), as investor sentiment weakens over the corporate’s rising losses and margin pressures. The inventory, which closed flat at Rs 334.5 on Tuesday, has been below sustained strain amid rising issues…
New Delhi: The Ministry of Labour and Employment has signed a Memorandum of Understanding (MoU) with Swiggy, considered one of India’s largest meals supply platforms, as a part of a broader initiative to strengthen employment alternatives by way of public-private partnerships. Swiggy, which at present operates in over 500 cities, has been instrumental in producing…
Swiggy Tax Demand Case: On-line meals and grocery supply big Swiggy is in scorching water once more—this time over a contemporary set of tax points linked to the monetary yr 2021-22. In a regulatory submitting on Saturday, the corporate revealed that it has acquired two tax evaluation orders, with the full demand exceeding Rs 165…
Apr 06, 2025 01:40 PM IST The tax discover has been issued for allegedly violating Maharashtra’s Occupation Tax Act by failing to deduct tax from workers’ salaries. Meals and grocery supply platform Swiggy has obtained an an evaluation order for the April 2021 to March 2022 interval, amounting to ₹7.59 crore from the Workplace of…
NEW DELHI: Meals and grocery supply platform Swiggy on Tuesday stated it obtained an evaluation order with an extra tax demand of over Rs 158 crore for the interval between April 2021 and March 2022. The order pertains to alleged contraventions together with cancellation costs paid to retailers. Swiggy stated it would problem the order.
Bengaluru-based 10-minute food-delivery startup Swish has raised $14 million (about Rs 122 crore) in a funding spherical led by UK-based fund Hara International and present investor Silicon Valley-based enterprise capital agency Accel. The spherical additionally noticed participation from angel traders equivalent to Cred founder Kunal Shah, Unacademy founder Gaurav Munjal and Softbank associate Sumer Juneja….
New Delhi: Shopper merchandise distributors have filed an antitrust case towards large fast-delivery companies of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting practices, authorized papers present. E-commerce sector has confronted intense scrutiny over how merchandise are priced on-line. An antitrust investigation final yr discovered Amazon and Walmart’s Flipkart favour choose…
A 20-year-old pupil pursuing Laptop Science, German and BA (Hons) Psychology whereas working part-time as a supply agent for Swiggy has known as the company insurance coverage supplied by the corporate “ineffective”. The coed claimed the insurance coverage firm “begins doing drama” as quickly as they know that we’re availing a company-sponsored insurance coverage coverage….
A 20-year-old pupil residing in Delhi and pursuing Pc Science, German and BA (Hons) Psychology stated he works as a supply agent at Swiggy at evening. He held an Ask-Me-Something session on Reddit, the place customers requested him concerning the ideas he receives and the very best and worst experiences he has had. A Delhi…
Meals supply platform Swiggy Meals Market’s CEO Rohit Kapoor shared numbers achieved by the platform on Valentine’s Day. As is widespread, the platform witnessed a surge in orders as an increasing number of folks seemed to make use of the platform throughout their celebrations. ₹25,335 on Valentine’s Day.(Representational picture/Pixabay)” title=”A person ordered 9 truffles value…
