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Nestle India shareholders reject proposal to increase royalty payments to Swiss parent company
Shareholders of Nestle India have rejected a proposal to raise royalty payments to Nestle SA, the parent company of the packaged foods maker.Nestle India...
Top luggage manufacturers see slower growth in Q4
Samsonite, Safari, and VIP Industries, renowned luggage manufacturers, experienced a notable decrease in their growth rates during the March quarter. This decline can be...
As IPL playoffs heat up, bars and pubs become hotspots amid sweltering heatwave
As the Indian Premier League (IPL) reaches its playoff (elimination) stage, bars, pubs, and cafes are seizing the opportunity to attract fans. With a...
LT Foods records 14% surge in Q4 net profit, driven by strong sales growth
LT Foods, the parent company of the renowned basmati rice labels 'Daawat' and 'Royal', reported a 14 percent jump in consolidated net profit at...
Subko Coffee Roasters reports 94% surge in sales to INR 13.5 Cr in FY23
Subko Coffee Roasters, a Mumbai-based specialty coffee and craft-baked goods brand, reported sales of INR 13.5 Cr in the financial year ended March 31,...
Bars and pubs in Gurgaon can now only operate till midnight
With alcohol prices rising at shops, bars, and pubs, and bar closing times reduced from 2 AM to midnight for those with a base...
IBF to inaugurate Delhi/NCR Chapter, spearheading business networking in bakery industry
The Indian Bakers Federation (IBF) has announced the inauguration of its Delhi/NCR/NCR Chapter, scheduled for May 18th, 2024, in New Delhi. This event signifies...
Uber to acquire Foodpanda’s Taiwan business for $950 Million
Uber Technologies has announced that it will be acquiring Delivery Hero's Foodpanda delivery business in Taiwan for $950 million in cash.Pending regulatory approval and...
Hotel industry on hiring spree, set to create about 100,000 jobs in next 12-18 months
Hotel operators, who previously slashed jobs in large numbers during the Covid era, are now re-entering the market with vigor, hiring thousands to support...
ITC Aashirvaad expands portfolio, launches ‘Himalayan Pink Salt’ with no added colors
ITC Aashirvaad Salt has unveiled its latest offering: Himalayan Pink Salt. Also recognized as Sendha Namak or Saindhava Lavana in India, this salt variety...
TCNS Clothing’s Q4 loss hits INR 63 Cr as sales plummet to INR 211 Cr
TCNS Clothing, an ethnic-wear brand, has reported a net loss of INR 63.60 crore for the quarter ended March 31, 2024, according to its...
Legal battle over Butter Chicken spices up as new evidence emerges
New photographic and video evidence promise to add an extra kick to the ongoing Indian court dispute regarding the origins of the globally renowned...