While big ticket offerings have seen relatively muted responses, India’s IPO market has been buoyant, with about 290 companies raising nearly $14 billion so far this year, roughly twice the amount raised in all of last year, LSEG data showed.

Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.

(Reuters) - The portion reserved for institutional investors in Indian food and grocery delivery firm Swiggy's $1.4-billion initial public offer was fully subscribed on the final day of the sale. With about three-quarters of the issue set aside for ...

NEW DELHI (Reuters) - An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show.

The Competition Commission of India found food delivery giants Zomato and Swiggy breached competition laws by favouring select restaurants through exclusive contracts and pricing restrictions. The del

Swiggy and Zomato are reportedly in breach of competition laws, favouring certain restaurants in the country, says a CCI report.