India, Jan. 13 -- Shares of Swiggy Ltd. and Eternal Ltd. rebounded from the day's lows after the central government pursuaded them to do away with 10-minute delivery for the sake of gig workers.

On Tuesday, Swiggy's share price fell as much as 1.08% but recouped the loss to trade 1.8% higher. Eternal, which operates Zomato and Blinkit, surged 3%.

That, after Labour Minister Mansukh Mandaviya met representives of quick-commerce firms on the issue of increasing pressure on gig workers and their stressful work conditions. He persuaded them to pause the 10-minute delivery service, to which they have reportedly obliged.

The development comes amid widespread public debate over gig workers' working conditions, even as India's looks to impreme...