Businesses and trade organisations from around the region expressed a mixture of frustration and hope as the chancellor ...

Amazon India is expanding its Amazon Fresh grocery service to over 170 cities in India. The service offers a wide range of ...

Louis DeJoy is out as U.S. postmaster general. His legacy is mixed, but he is credited with putting the Postal Service on a stronger financial footing.

Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery ...

The findings come after both Swiggy and Zomato had a tough Q3. While the Bengaluru-based company saw its losses widen 39 ...

Zomato and Swiggy are under the spotlight after Bank of America Securities slashed their target prices. Swiggy was downgraded from “Buy” to “Underperform,” with a revised target of ₹325, while ...

Today’s drop in Zomato and Swiggy’s share price comes after a media report suggested that brokerage firm BofA Securities downgraded them.

To support its expansion, the company has doubled its workforce over the past year, growing from 300 to 600 employees, with ...

The downgrade for both companies, according to BofA Securities, was mainly due to expectations of widening losses in quick ...

BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...

Zomato and Swiggy shares drop after BofA downgrade, while analysts predict challenges ahead in quick commerce sector.

Zomato shares dropped 5% to Rs 199.90 on the BSE after BofA Securities downgraded the stock to "neutral" and cut its price ...