Monday, December 9, 2024

Latest News

Foodtech

Startups

Soulflower, India's first farm-to-face brand, has emerged as a leader in the premium hair oil market, according to a report by Blinkit.Soulflower’s revenue share surges 33%The brand holds an impressive 33% revenue share in the segment,...

L’Oréal India’s net income plummets to INR 487.46 Cr, revenue surges 12%

L'Oréal India, a subsidiary of the French multinational L'Oréal SA, has reported a slight decrease in profit for the financial year 2023-24. The company's net income stood at INR 487.46 crore, down from INR 488.35 crore in...

Tata Starbucks to operate 1,000 cafes by FY2027-28, still under-penetrated – CEO

Tata Consumer Products is betting big on the coffee business in India, with plans to scale up its cafes under the Tata Starbucks joint venture. According to Sunil D'souza, MD & CEO of Tata Consumer Products, "With...

Retail & E-commerce

FMCG

Industry

Titan Company is pushing the boundaries of price for its flagship watch business, with the base price moving up to INR 3,000 per watch, from about INR 2,000 within two years. This move is part of...

D2C baby care brand Chicco to open 40 outlets in India by 2027, doubling turnover

Italian baby care brand, Chicco, is expanding its presence in the Indian market, with plans to double its turnover in the next three years.Chicco reports 30% growth rateThe company has reported a high growth rate of...

OreGin: India’s first Kinnow-based Gin expands market reach

OreGin, India's first gin made from the native kinnow fruit, has carved a niche in the country's growing retail and spirits market.OreGin carves niche with Punjab’s KinnowProduced using kinnows from Punjab's orchards, OreGin stands out for...

Luxury

Malabar Gold & Diamonds ropes in National Award winner actress Mansi Parekh as ambassador

Bollywood actress, Manasi Parekh has been appointed as the brand ambassador of Malabar Gold & Diamonds. She will be the face of the company's latest campaign, which aims to educate customers on responsible and transparent gold...
India's gold production in 2023 was 15.1 tonnes, while demand for gold was 747 tonnes, 50 times more than the supply, according to a report released by the UK-based The Gold Bullion Company.India’s Gold demand reaches...

Luxury jewellery brand Giva registers 66% revenue growth to INR 274 Cr

Giva, a jewellery startup, saw a 66% surge in operating revenue to INR 274 crore, despite a 30% year-over-year (YoY) increase in losses.Giva secures $30 mn in Series B roundThe company has secured $30 million in...
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Hospitality

Latest news

Coolberg eyes to achieve INR 100 Cr revenue in FY26

Coolberg, a non-alcoholic beer retailer, is aiming to achieve INR 100 crore in revenue by the end of the fiscal year 2026.Ghodawat Consumer acquires...

Titan Company premiumizes watch line, base price now INR 3,000

Titan Company is pushing the boundaries of price for its flagship watch business, with the base price moving up to INR 3,000 per watch,...

D2C baby care brand Chicco to open 40 outlets in India by 2027, doubling turnover

Italian baby care brand, Chicco, is expanding its presence in the Indian market, with plans to double its turnover in the next three years.Chicco...

Vegetarian Thali prices climb 7.2%, Non-Veg Thali sees 1.8% surge: Report

The cost of home-cooked vegetarian and non-vegetarian thalis has increased significantly, revealed a recent report by CRISIL. Higher tomatoes and potatoes prices drive surgeIn November,...

Milaf Cola: Saudi Arabia’s date-based drink set to challenge Pepsi & Coke

Saudi Arabia has launched a unique cola drink made from dates, touted as the world's first soft drink made from this ingredient.Saudi Arabia claims...

Dabur India to appeal against INR 4.42 Cr tax demand from Customs Commissioner

Dabur India has received a tax demand of INR 4.42 crore from the Commissioner of Customs (Prev.), Patna.Tax demand on IGST on imported goods The...

OreGin: India’s first Kinnow-based Gin expands market reach

OreGin, India's first gin made from the native kinnow fruit, has carved a niche in the country's growing retail and spirits market.OreGin carves niche...

Flipkart’s EOSS kicks off Dec 7 with new app features, fast delivery

Flipkart, one of India's e-commerce platforms, has announced its End of Season Sale (EOSS), which will start from December 7, 2024.Flipkart to feature 10...

ITC aims for 4,000 FPOs, connecting 10 Mn farmers in next five years

ITC is expanding its network of Farmer Producer Organizations (FPOs) with the goal of connecting one crore farmers in the next 4-5 years. ITC’s FPO...

Zomato launches ‘Recommendations from Friends’ to enhance user experience

Foodtech major Zomato has launched a new initiative that allows users to get food recommendations from their friends.User to synchronize contact information with ZomatoThe...