CCI probe finds Zomato, Swiggy violating competition norms

A Competition Commission probe has found that food delivery platforms Zomato and Swiggy indulged in unfair business practices, including alleged preferential treatment to some restaurant partners,......

At Rs 1.2 trn, IPO mopup set to hit new high in 2024

The calendar year 2024 is set to go down as the best year for initial public offerings (IPOs) in terms of funds raised. Photograph: Kind courtesy Geralt/Pixabay Following the IPOs of food......

Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about $11.3 billion. Photograph: Francis......

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates......