Apollo Hospitals and Tata Steel up more than 6%, followed by HCL Tech (0.66 per cent), Coal India (0.61 per cent), and TCS (0.46 per cent)

Geojit considers Swiggy’s strong brand recall, diversified offerings, integrated app, rapid scaling, consistent innovation, expansion of dark stores, and promising industry outlook.

According to Rajan Shinde, Research Analyst at Mehta Equities, Swiggy’s market cap to sales ratio of 7.8x appears fairly valued compared to competitor Zomato.

Analysts view Swiggy’s diverse portfolio, encompassing food delivery, grocery services, and restaurant reservations, as a competitive advantage over rivals like Zomato.

Swiggy confronts intense competition from Zomato in the food delivery sector, potentially impacting its market share and customer acquisition costs.

Swiggy IPO: Retail portion booked 0.84 times, QIBs 0.28 times, NIIs 0.14 times, and employee portion 1.15 times.

While acknowledging Swiggy’s growth potential in hyperlocal commerce, Bajaj Broking cautions investors about ongoing financial risks.

Honasa Consumer Limited trading at ₹386.35 down by ₹1.50 or 0.39 per cent

Swiggy operates in an oligopoly market: Motilal report

TCS will help the airline group transition its critical systems and core business data to the cloud, including flight operations, passenger information, aircraft maintenance, and e-commerce platforms

The collaboration will support EaseMyTrip’s existing co-branded credit and debit card programs with its bank partners, while also paving the way for new co-branded credit card launches

Swiggy’s B2C operations account for 61 per cent of revenue and its B2B supply chain segment contributes a substantial 39 per cent, marking a key distinction from Zomato’s business structure

Project encompasses Corridor 3 from Sholinganallur to Sipcot, and Corridor 5 from Koyambedu to Elcot Park

The Federal Open Market Committee, acknowledging the uncertain economic outlook, unanimously cut the federal funds rate to a range of 4.5% to 4.75%.

Trump will have future opportunities to appoint or replace at least one Fed governor and possibly impact other key leadership roles, but the central bank’s independence remains a core principle

Sensex, Nifty updates on November 8, 2024: Indian equity indices ended lower on TFriday, with the Sensex down by 55.47 points at 79,486.32 and the Nifty falling 51.10 points to 24,148.20. Market breadth was negative, with 1,314 shares advancing and 2,475 declining. Sector-wise, IT gained 0.7 per cent, while media, PSU Bank, and metals dropped. Midcap and smallcap indices shed 1 per cent and 1.6 per cent, respectively.

Issue subscribed 0.35 times so far with retail investors portion receiving 0.85 times

Buzzing stocks: Tata Power, MOIL, Lodha, Aurionpro, Brigade group, Rushil Decor, INOX India, Northern Arc, Embassy REIT, SBI, LIC, Ola, Tata Motors, Premier Energies, Ashok Leyland, Equitas SFB

AIF commitments rose to Rs ₹11.78 lakh crore for the quarter ended June

The ceremony marks the end of Kanda Sashti festival which started with ‘Kappu Kattudhal’ ceremony. 

According to a copper plate of the Muthukumara Vijayaragunatha Sethupathi Kaathathevar, one will incur the sin of killing a Kaaram Pasu, if one misappropriates the proceeds from Pakkiri Puthukulam village donated to the Habil and Qabil Dargah, which is a few yards away from the house of late President A.P.J. Abdul Kalam

Chettikulam Deivanayagam started a school for girls in 1904. It was named after his wife Thayammal who died young. He introduced free meals and followed reservation in admission. He also started a teachers’ training institute in 1947

AIADMK leader and former Revenue Minister R.B. Udayakumar visited a few low-lying areas in Madurai city that were affected by the recent spell of rains

The highlight of the ‘kanda sashti’ festival is the ‘Soorasamharam,’ following which the ‘thirukalyanam’ took place at the hill temple.

200 beneficiaries selected by the Tamil Nadu Widows and Destitute Women Welfare Board will receive ₹50,000 each to establish self-employment ventures

The story for the popular television serial “Marmadesam” was authored by him and he was known for writing thrillers, some of which were hits in the silver screen.

23 Rameswaram fishermen arrested by Sri Lankan Navy for poaching, sparking concerns and calls for government intervention

The recent heavy rain, which exposed the fault lines in water management and land administration, has forced the district administration to take action against ‘encroachments’