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From Swiggy, Zomato, Paytm to Nykaa: What to expect from new-age tech stocks’ Q4 results?

Brokerage JM Financial, in its preview for Q4FY25, indicated that variations in corporate performances across the internet sector are anticipated due to specific trends within each segment. Although growth in food delivery for Eternal (Zomato) and Swiggy is predicted to slow down, substantial growth in quick commerce (QC) is expected to be driven by aggressive…

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Swiggy receives ₹7.59 crore tax demand over alleged violation of professional tax deduction from Maharashtra Govt

Online food delivery and quick commerce platform Swiggy Limited announced on Saturday, April 5, that the company had received a tax demand of ₹7.59 crore from the Maharashtra government for an alleged violation of professional tax deductions, according to an exchange filing. The Office of the Profession Tax Officer of Pune, Maharashtra, has placed the…

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