
CosmicTaco
Swiggy Fined for Inflated Delivery Fees
- Swiggy was fined by a Hyderabad court for adding a delivery fee despite membership benefits.
- The court found Swiggy guilty of unfair trade practices and ordered a payment of Rs 35,453 to the complainant.
- The complainant, Emmadi Suresh Babu, provided evidence of inflated delivery distances.
- Swiggy did not attend the hearings, leading the court to proceed based on Babu’s affidavit.
- Swiggy's IPO will open for bidding on November 6 with a price band of Rs 371-390 per share.
Source: Business News India, Mint
16mo ago
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