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ITC’s Q4 net profit dips 1.3% to INR 5,020 Cr, final dividend announced
Cigarettes-to-soap major ITC Ltd recorded a standalone net profit of INR 5,020.20 crore in the March 2024 quarter, indicating a 1.3 percent decrease year-on-year...
Virat Kohli-backed One8 Commune to expand with INR 35 Cr investment, doubling outlets by FY25; eyes international expansion
Virat Kohli-backed restaurant chain, One8 Commune, is planning to invest approximately INR 35 crore to more than double its outlets by FY25, as shared...
Organized gold jewellery retailers set for strong revenue growth in FY2025: CRISIL Analysis
Organized gold jewellery retailers are set to achieve a 17-19% year-on-year revenue growth in fiscal 2025, according to a CRISIL Ratings analysis of 54...
FY24 marked by milestones and growth for Tata Consumer Products, says Chairman N Chandrasekaran
Tata Consumer has finalized the merger of Tata Coffee and has made substantial strides in streamlining its international legal entities. Additionally, the integration of...
Tea brand Freshleaf secures INR 1 Cr seed funding from Inflection Point Ventures to fuel expansion and innovation
Freshleaf, a premium tea brand, has secured INR 1 crore in a seed round led by Inflection Point Ventures.The newly acquired funds will be...
Indian hospitality sector sees 11.4% YoY RevPAR growth in Q1 2024: JLL Report
The hospitality industry in India saw another year of steady growth in the performance during the January-March quarter of this year. This was largely...
PoloQueen taps Bollywood actor Raveena Tandon as brand ambassador for kitchen essentials line
FMCG firm PoloQueen Industrial and Fintech Ltd. has enlisted Bollywood star Raveena Tandon as the face of its kitchen essentials line.The collaboration aims to...
Reliance Retail’s Tira bets big on AI tools to push into Indian beauty market
Reliance Retail’s omni-channel beauty retail platform, Tira, is leveraging artificial intelligence tools to suggest perfumes and cosmetics, aiming to captivate customers in India’s burgeoning...
Uneven rainfall affected rural demand: Hindustan Unilever chairman Nitin Paranjpe
Hindustan Unilever reported a robust performance in last fiscal year despite facing a challenging macroeconomic environment characterized by erratic rainfall and subdued agricultural output,...
Noida’s Gourmet Jar sizzles with 12% profit surge, gears up for festive season sales frenzy!
Gourmet Jar, a leading artisanal brand based in Noida, has carved a niche in the premium condiments market with its clean-label, all-natural products. Founded...
Beauty retailer Nykaa overhauls operations: Merges LBB with Nykaa Fashion in strategic restructuring
Beauty e-commerce giant Nykaa has announced a significant restructuring of its business divisions.The company's board has given the green light for parent FSN E-Commerce...
whpjewellers bags $10 Million in funding to boost online jewellery market in India
In the thriving landscape of e-commerce, whpjewellers is swiftly rising as a frontrunner in India's direct-to-consumer jewellery market. Committed to delivering a hassle-free and...