Swiggy’s third-quarter revenue is expected to see a sequential improvement, but losses are projected to expand to around Rs 700 crore. Revenues are estimated to rise to Rs 4,035 crore, driven by growth in food delivery and quick commerce segments, despite competitive pressures and aggressive expansion.
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at