New Delhi, May 16 (IANS) The Gig & Platform Service Workers Union (GIPSWU) called for a nationwide temporary shutdown of app-based services between 12 pm and 5 pm on Saturday, while demanding a minimum payment of Rs 20 per kilometre for delivery and transport workers following the latest fuel price hike.In a statement, the union said the recent increase in petrol and diesel prices would place an additional financial burden on workers engaged in food delivery, ride-hailing, logistics and othe…
Latest Swiggy News & Updates
New Delhi, May 8 (IANS) Quick commerce services provider Swiggy on Friday reported that its FY26 full financial year loss widened to Rs 4,154 crore compared to Rs 3,117 crore in the previous fiscal.However, the company reported a narrowing of its net loss to Rs 800 crore for the quarter ended March 31, 2026, compared to a loss of Rs 1,081 crore in the same period last year.The online food and grocery delivery platform posted a 45 per cent year-on-year rise in revenue from operations at Rs 6,383 …
New Delhi, April 28 (IANS) Labour Minister Mansukh Mandaviya highlighted on Tuesday that the female labour force participation rate in India has jumped from 23.3 per cent in 2017–18 to 40 per cent in 2025 — reflecting the increasing empowerment of women in the country.Addressing the ‘SwigStree: Celebrating Women on the Move,’ an event organised by food delivery startup Swiggy, the minister underlined that the equitable participation of women in the workforce is both a social imperative and an…
New Delhi, April 10 (IANS) Nandan Reddy, co-founder of Swiggy, has stepped down from the company with immediate effect, according to an exchange filing on Friday.Reddy is expected to start his own venture and focus on building a new startup, as per the report.He played a key role in Swiggy’s early days, helping set up operations along with co-founder and group CEO Sriharsha Majety.“Lakshmi Nandan Reddy Obul, WholeTime Director – Head of Innovation, has resigned with effect from April 10, 2…
New Delhi, March 24 (IANS) After Zomato, food delivery platform Swiggy has raised platform fee, increasing it by 17 per cent to Rs 17.58 per order from Rs 14.99 earlier. The revised charges, as per its billing on the app, suggest a hike of around 17 per cent or Rs 2.59, including pre-GST, just days after rival Zomato revised similar category charges.The revised fee is now visible on the Swiggy app, with the company informing users that the increase is aimed at helping it “operate and maintain …
New Delhi, March 20 (IANS) Food delivery platform Zomato has increased platform fee by 19.2 per cent or Rs 2.40 per order, according to the latest billing details available on its app on Friday.On a pre-GST basis, the platform fee now stands at Rs 14.90 per order, up from Rs 12.50 earlier.The latest hike comes amid rising energy costs, including LPG and crude oil, which have increased operating expenses for restaurants and delivery partners, prompting platforms to adjust pricing.Leading online f…
Mumbai, March 2 (IANS) Shares of Swiggy, the food and grocery delivery platform, fell sharply on Monday and touched a new all-time low on the stock market.During intra-day trade, the stock slipped 5 per cent on the BSE to hit Rs 285.85, breaking its earlier low of Rs 297 recorded on May 13, 2025. The fall came amid heavy trading volumes.With this decline, Swiggy’s share price has dropped around 26 per cent so far in the calendar year 2026.In comparison, the benchmark BSE Sensex has fallen abou…
Mumbai, Jan 29 (IANS) Food delivery and quick commerce company Swiggy on Thursday reported a wider consolidated net loss of Rs 1,065 crore for the third quarter (Q3) of FY26, compared with a loss of Rs 799 crore in the same period last financial year (Q3 FY25).Despite the higher loss on a year-on-year basis, the company posted strong revenue growth, driven mainly by its food delivery and quick commerce businesses.Swiggy’s revenue from operations rose sharply by 54 per cent year-on-year (YoY) t…
Mumbai, Jan 21 (IANS) Zomato’s parent firm Eternal Limited on Wednesday announced a major leadership change, with its CEO Deepinder Goyal resigning from his position with effect from February 1, 2026.The company said Albinder Dhindsa, who is currently the CEO of Blinkit, will take over as the new chief executive.In a letter addressed to the shareholders, Goyal said he has recently been drawn towards new ideas that involve higher levels of risk, experimentation and exploration.He explained that…
New Delhi, Jan 19 (IANS) Aam Aadmi Party (AAP) lawmaker Raghav Chadha, who came out in support of delivery partners of the e-commerce platforms and also donned their uniform, doubling up as ‘gig worker for a day’ shared the full video of his grueling sessions with them on Monday. Documenting the daily struggles of gig workers in the hour-long video, the AAP RS MP brought to fore the rigors of their profession, eventually forcing the government to take note and make necessary amends.Raghav Ch…