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Eternal, Swiggy see no negative impact of new labour codes on business in long run
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Zomato’s parent firm, Eternal, and Swiggy said that implementing the new labour codes will have no negative impact on their businesses and financial performance in the long term.
“We don’t think any financial impact on account of these rules will be detrimental to the long-term health and sustainability of our business,” Eternal said in a stock exchange filing.
Similarly, Swiggy said in an exchange filing, “Based on available information, we do not anticipate any material impact of CoSS on our business sustainability, cost structure, or…
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