New Delhi: Shares of on-demand convenience firm Swiggy Ltd ended nearly 5 per cent higher on Monday following a fag-end rally after the firm termed the newly-notified labour codes as a “transformative step” that will unlock far-reaching benefits for millions of workers. The stock climbed 4.90 per cent to settle at Rs 404.55 apiece on the...
New Delhi: On-demand convenience firm Swiggy expects its 10-minute ready-to-consume food delivery service ‘Bolt’ to continue to play a strong role in driving its overall food services growth, having reached 10 per cent of total deliveries, a top company official said on Thursday. “It will continue to play a strong role…it is not like it is...
India’s food delivery growth in 2026 will be driven by customer experience, speed and value consciousness, according to aggregators magicpin and Swiggy. Anshoo Sharma, CEO & Founder of magicpin, India’s third-largest food delivery platform, believes growth will come from deeper merchant inclusion and catering to value conscious users. “We are scaling by onboarding a wide...
Telangana Gig and Platform Workers’ Union (TGPWU) and Indian Federation of App-Based Transport Workers (IFAT) have claimed that lakhs of workers are set to join the nationwide strike to demand better payouts and improved working conditions. The strike may affect the operations of food delivery and quick commerce firms like Zomato, Swiggy, Blinkit, Instamart and...
New Delhi: Procter & Gamble Home Products Ltd, which manages iconic home and fabric care brands as Ariel and Tide, reported a 19.1 per cent increase in profit to Rs 683.29 crore in FY25 and its revenue from operations rose 3.4 per cent to Rs 9,054.11 crore, according to a regulatory filing from the company. However, its total...
New Delhi: Delays in regulatory clearances such as BIS quality certifications and FSSAI licences are disrupting business timelines, hitting production schedules, imports and product launches across sectors, according to a survey by consulting firm JR Compliance. More than 40% of companies said their business plans were delayed by several months because certifications did not come on time,...
The acquisition of Twizza, a South African non-alcoholic beverages brand, will help Varun Beverages (VBL) to double market share in the region to about 20% by 2027. Analysts have raised target prices of the stock by around 7% citing consistent performance in the domestic market and long-term international expansion potential. VBL, a franchise bottler of PepsiCo, is expected to...
New Delhi: After a year of consolidation, FMCG companies are recalibrating growth plans for 2026, sharpening focus on dual-speed consumers, premium portfolios and faster-moving channels like quick commerce.The shift is evident in how industry leaders are approaching the new year. Rather than simply banking on policy tailwinds like GST cuts to drive growth, companies are...
With gig workers at quick commerce platforms and food delivery companies planning to go on strike on December 31, makers of packaged snacks, soft drinks, ice-cream, confectionery and other impulse goods including PepsiCo, Parle, Coca-Cola, Nestlé and Britannia are increasing stocks in kirana stores, supermarkets such as D’Mart and Modern Bazaar and modern trade stores. Over the last few years, New Year’s...
New Delhi: Titan Co, the country’s leading jewellery maker, on Friday announced its entry into the lab-grown diamond segment, under the brand name of “beYon”. Focusing on the emerging segment of affordable lab-grown diamonds in the country, the company will open a store in Mumbai on December 29, according to a regulatory filing from a Tata...