Swiggy shares plunged on Friday after the company reported a September-quarter net loss of Rs 922 crore. Despite 36 per cent revenue growth, widening sequential losses, mounting pressure at Instamart and brokerage target cuts heightened investor concerns over profitability
Food safety officials inspected an online retail facility in Mangaluru after a consumer complained of finding a worm inside an egg purchased through a quick-commerce platform. Broken egg packets were found, removed and disposed of, while the storage area was sealed
Quick-commerce platforms are delivering prescription medicines within minutes, with some offering doctor-on-call services to generate digital prescriptions. While consumers welcome the convenience, pharmacists and public health experts warn of rubber-stamp consultations, self-medication, antimicrobial resistance and regulatory accountability concerns
Swiggy expects adjusted EBITDA of around ₹10,000 crore and Gross Order Value of ₹2.5 lakh crore by FY31, driven by food delivery, Instamart and Dineout. The company also reported a narrower quarterly loss and improved operating performance
FSSAI has issued nine notices to Swiggy Instamart over consumer complaints alleging the supply of expired, spoiled and contaminated food products. The regulator has sought explanations on food safety systems, quality controls and corrective measures, warning of action under the Food Safety and Standards Act.
BHIM Payments App, developed by NPCI BHIM Services Limited, has seen transaction volumes more than triple between June 2025 and May 2026, touching 244 million transactions worth Rs 26,952 crore in May alone. Telangana emerged as a growing market with groceries, dining and quick commerce leading everyday payments
India’s ready-to-drink non-alcoholic beverage market is set to double to $40 billion by 2030, driven by quick commerce and shifting consumption habits. Low per capita intake, rising demand for healthier drinks, and convenience-led purchases are fueling sustained long-term growth
Delhi Police arrested three former delivery workers from Uttar Pradesh for allegedly robbing ₹5 lakh from a Blinkit rider in Shadipur. CCTV tracking, local intelligence and technical surveillance led to their arrest. An insider at a Blinkit outlet had provided crucial information
