India, Jan. 13 -- Shares of Swiggy Ltd. and Eternal Ltd.-which operate Instamart, and Zomato and Blinkit, respectively-rebounded from the day's lows after the government pursuaded them to pause 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 end the day with 0.43% gains, while Eternal surged 3.24%. The benchmark S&P BSE Sensex fell 0.30%.
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 debat...
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