Index Investing News
Wednesday, January 28, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Swiggy fined Rs 35,453 for including Rs 103 supply price on order

by Index Investing News
November 4, 2024
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


On-line meals supply and fast commerce platform Swiggy was fined by a courtroom in Hyderabad for including a supply price regardless of the client’s membership advantages. The District Client Disputes Redressal Fee in Hyderabad’s Ranga Reddy has dominated in opposition to Swiggy for unfair commerce practices. 

The courtroom discovered Swiggy responsible of unfair practices by including a supply price of Rs 103 regardless of the client’s membership advantages, and ordered the corporate to pay Rs 35,453 to the complainant. 

In line with The Financial Occasions, the meals supply app inflated supply distances, overcharging the client. The complainant, Emmadi Suresh Babu, filed a criticism and acknowledged that he had bought Swiggy One membership that promised free supply inside a sure distance. 

Babu alleged that Swiggy elevated the supply distance from 9.7 km to 14 km, resulting in the supply price of Rs 103.

The complainant submitted Google Maps screenshots and famous a major inflation within the supply distance. The corporate didn’t attend the hearings, which prompted the courtroom to proceed with out their defence based mostly on Babu’s affidavit.

The courtroom requested Swiggy to refund Rs 350.48 with 9 per cent curiosity from the date of submitting, in addition to Rs 103 supply cost. The courtroom requested Swiggy to pay Rs 5,000 for psychological misery, inconvenience, Rs 5,000 in litigation prices, and cease inflating supply distances for Swiggy One members. Swiggy has additionally been requested to pay Rs 25,000 as punitive damages to the Client Welfare Fund of Ranga Reddy District Fee. 

The courtroom allowed 45 days to the corporate to adjust to the order.

In the meantime, Swiggy preliminary public providing (IPO) will open for bidding on November 6 and may be subscribed until November 8. It has fastened its value band within the vary of Rs 371-390 apiece. Buyers can apply for no less than 38 fairness shares and its multiples thereafter.



Source link

Tags: AddingdeliveryfeefinedOrderSwiggy
ShareTweetShareShare
Previous Post

Dow Jones Futures Fall Amid Election Shifts; Huge S&P 500 Winners On Faucet, Nvidia To Be a part of Dow

Next Post

Trump has some sort of nerve

Related Posts

Homes to replace hippos: Ramat Gan Safari Park to move

Homes to replace hippos: Ramat Gan Safari Park to move

by Index Investing News
January 27, 2026
0

The Israel government and Ramat Gan Municipality have reached an agreement in which the Ramat Gan Safari Park will...

DCGpac launches smart manufacturing plant in Noida for sustainable packaging

DCGpac launches smart manufacturing plant in Noida for sustainable packaging

by Index Investing News
January 19, 2026
0

Founder Suresh Bansal described it as a strategic milestone toward a sustainability-first global packaging ecosystem. DCGpac plans to expand its smart...

Nu Holdings Ltd. (NU): A Bull Case Theory

Nu Holdings Ltd. (NU): A Bull Case Theory

by Index Investing News
January 15, 2026
0

We came across a bullish thesis on Nu Holdings Ltd. on Global Equity Briefing’s Substack by Ray Myers. In this article,...

Infosys ADR Jumps After Q3 Results, Higher FY26 Revenue Guidance

Infosys ADR Jumps After Q3 Results, Higher FY26 Revenue Guidance

by Index Investing News
January 23, 2026
0

New York-listed shares of Infosys Ltd. surged over 8% on Wednesday after India's second largest IT firm announced its third...

Mcap of 7 of top-10 most valued firms erodes by Rs 3.63 lakh cr; Reliance biggest laggard

Mcap of 7 of top-10 most valued firms erodes by Rs 3.63 lakh cr; Reliance biggest laggard

by Index Investing News
January 11, 2026
0

The combined market valuation of seven of the top-10 most valued firms eroded by Rs 3,63,412.18 crore last week, with...

Next Post
Trump has some sort of nerve

Trump has some sort of nerve

Nation has already seen what occurs to ladies’s rights with Trump in workplace

Nation has already seen what occurs to ladies’s rights with Trump in workplace

RECOMMENDED

Editor’s Picks: High 3 Guide Critiques of 2024 and a Sneak Peek at 2025

Editor’s Picks: High 3 Guide Critiques of 2024 and a Sneak Peek at 2025

December 20, 2024
Hubbell Incorporated 2023 Q1 – Results – Earnings Call Presentation (NYSE:HUBB)

Hubbell Incorporated 2023 Q1 – Results – Earnings Call Presentation (NYSE:HUBB)

April 25, 2023
The ‘Most wins all time for every NFL team’ quiz

The ‘Most wins all time for every NFL team’ quiz

October 12, 2023
A “Soft Landing” Looks Shaky as Recession Risk Starts to Rise

A “Soft Landing” Looks Shaky as Recession Risk Starts to Rise

September 4, 2023
Two-stocks higher than one? Repacking pair trades

Two-stocks higher than one? Repacking pair trades

November 10, 2024
Allegri: Juventus´ Scudetto dream is over

Allegri: Juventus´ Scudetto dream is over

April 4, 2022
Who’s going to exchange Boris Johnson?

Who’s going to exchange Boris Johnson?

July 14, 2022
Learn how to Generate Passive Earnings with DeFi

Learn how to Generate Passive Earnings with DeFi

July 12, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In