Swiggy was accused of scamming customers by charging Rs 3 extra on every order. The food delivery platform issued a clarification after several complaints.
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“This is not the time to say it is the top and therefore we should take profits. I do not think it is the bottom either. It is just business as usual. We are just cooling off after a pretty strong run in the last six months. So, welcome to it, I think some shake-out is necessary, it is normal for markets.”
“Even though the midcap rally has been quite spectacular, I still think there is a lot of steam left within some of the midcaps. We are very interested in the heavy engineering space. We are interested in companies that do B2B services or B2B products. In the heavy engineering spaces, we think a lot more industrial capex will come to India. ”