Swiggy hikes platform fee by 17%, days after Zomato; Platform Cos surge after news

The Swiggy and Eternal duopoly is strong, and “new competition is unlikely to disrupt the market in the near term, according to Karan Taurani of Elara Capital.

The Swiggy and Eternal duopoly is strong, and “new competition is unlikely to disrupt the market in the near term, according to Karan Taurani of Elara Capital.

Nippon India ETF Gold BeES ranks sixth globally by inflows, the only Indian gold ETF in the top 10, as World Gold Council data highlights strong global gold ETF demand.

Goldman Sachs cuts India 2026 growth to 5.9%, sees higher Brent, rupee depreciation, inflation at 4.6 percent and a 50 basis point repo rate hike.

The rise in bond yields has been driven by multiple factors. Ongoing geopolitical tensions in the Middle East continue to keep crude oil prices elevated above $100 per barrel, fuelling inflation concerns. This has led investors to factor in the…

State Bank of India currently owns a 61.8% stake, while Amundi holds 36.3%. SBI Funds will not be issuing any new shares in the IPO.

Mahanagar Gas rolls out incentives for PNG users, including bill benefits and fee waivers, while assuring uninterrupted supply of PNG and CNG; shares rise nearly 2% in trade.
Abneesh Roy, ED of Nuvama Institutional Equities, says recent price increases could support paint companies’ margins and drive better revenue growth than volumes in FY27, aided by operating leverage and more disciplined industry pricing. He expects further action if input…

For FY27, JPMorgan expects Infosys to report revenue growth of 2% to 5%, while HCL Technologies is seen growing at 3% to 6%. Wipro, however, is expected to report sequential growth of -2% to 0%.

Mark Matthews of Bank Julius Baer & Co says India’s stock market could see a recovery despite global volatility and foreign outflows. Valuations have cooled, making the market more attractive, while mid and small caps show resilience due to strong…

Urban Company had listed on the stock exchanges at a 60% premium in September 2025 and is now down 43.8% from its post-listing high of ₹201.18 apiece.