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Jubilant Foodworks’ Q4 net profit rises multi-fold to INR 208.24 Cr
Jubilant Foodworks Limited, which owns popular fast-food brands Domino's Pizza and Dunkin' Donuts, reported a multi-fold increase in consolidated net profit to INR 208.24...
SoftBank-backed hospitality giant OYO withdraws IPO documents, shifts focus to $450M bond sale
OYO, a Delhi NCR-based hospitality unicorn, has officially withdrawn its IPO (initial public offering) documents from the market regulator SEBI. According to the SEBI...
D2C brand WOW Skin Science in talks for $75 Million funding round
WOW Skin Science, the direct-to-consumer skincare brand with notable backers like GIC and ChrysCapital, is reportedly in discussions with both current and prospective investors...
Ochre Spirits nears completion of INR 3 Cr pre-seed funding, targets 10% market share in premium flavoured spirits over next four years
Ochre Spirits, a Goa-based flavoured spirit brand, is aiming to capture more than a 10 percent share of the premium flavoured spirits segment and...
Mamaearth parent Honasa Consumer ordered to pay INR 56.6 Crores compensation to UAE distributor
Honasa Consumer Ltd, Mamaearth's parent company, has been directed by a UAE court order to pay compensation totaling INR 56.6 Crores to a former...
DS Group targets INR 5,000 Cr sales from confectionery business in 5 years, eyes expansion into tier II and III cities
Dharampal Satyapal Group (DS Group), a domestic FMCG company, aims to achieve a revenue of INR 5,000 crore in the next five years from...
Challenges mount for hyperlocal platform Dunzo as key investor Lightbox steps down from board
Lightbox, the key investor of cash-strapped hyperlocal platform Dunzo, has stepped down from its board seat,adding to the challenges faced by the startup as...
DS Group’s confectionery business achieves INR 1,000 Cr sales in FY24
The confectionery arm of Dharampal Satyapal Foods (DS Group) has achieved an annual sales turnover of INR 1,000 crores in FY 2023-24.The company has...
B2B seafood startup Captain Fresh appoints Mathew George as Group CFO
Captain Fresh, a Bengaluru-based B2B seafood startup, announced the appointment of Mathew George as its Group Chief Financial Officer (CFO).This development comes after the...
Shoppers Stop hits milestone with 10 Million first citizen club members
Shoppers Stop, a Mumbai-based department store chain, has achieved a significant milestone with 10 million first-citizen club members.Since its establishment, the first citizen club...
McDonald’s hits 400-store milestone in India with new outlet at Hyderabad Airport
McDonald's, the American fast-food chain, has achieved the milestone of 400 stores in India, according to a recent social media post by an industry...
FSSAI finds no traces of ethylene oxide in MDH, Everest spice samples
The Food Safety and Standards Authority of India (FSSAI) has found no traces of cancer-causing Ethylene Oxide (ETO) in the samples of MDH and...