Swiggy shares rise as Centre asks to drop 10-minute delivery

Swiggy's shares jumped by over 1.5% intraday from the day's low of ₹345.20 on BSE after the Centre asked quick commerce platforms to remove the '10-minute delivery' claim to promote gig workers' safety. Overall, the stock ended in green, closing at ₹350.50. Swiggy has reportedly agreed to remove the 10-minute branding from its media assets, including advertisements and social media.