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Meesho appoints former Flipkart executive Surojit Chatterjee as independent director
Meesho, the ecommerce platform, has appointed Surojit Chatterjee as an independent director to its board.Moneycontrol was the first to report this development.This development comes...
Swiss luxury brand HYT sets sights on India’s thriving watch market
What would motivate a top-tier Swiss luxury watch label to venture into the Indian market to market merely 5–6 timepieces annually, when they could...
Flipkart mulls reverse flip to India as IPO looms on the horizon
Flipkart, a major player in e-commerce, is in talks to relocate its parent entity from Singapore to India, as reported by ET.Valued at around...
Malabar Gold & Diamonds, Bhima Jewellers, and Kalyan Jewellers see record-breaking sales on Akshay Tritiya
South Indian jewellers such as Malabar Gold & Diamonds, Bhima Jewellers, and Kalyan Jewellers experienced robust demand during this year's Akshay Tritiya, celebrated on...
FMCG companies to face muted demand in June quarter, recovery likely in H2
The demand for daily groceries, essentials, and household products is expected to be muted in the current quarter, according to global research firm Kantar....
Fynd set to launch buyer app on ONDC, plans to onboard 500 brands on seller app
Fynd, the omnichannel retail platform, is expanding its footprint on the Open Network for Digital Commerce (ONDC). Having unveiled its fashion-centric seller app in...
Zomato’s subsidiary auditor resigns, Deloitte to step in
Zomato, the foodtech giant, has stated that the auditors for its subsidiaries Zomato Hyperpure and Blink Commerce have resigned with immediate effect, allowing the...
Packaged food label claims could be misleading and incomplete: ICMR
The Indian Council of Medical Research (ICMR) has highlighted that food labels on packaged items can be misleading, emphasizing the importance for consumers to...
Restaurants and food aggregators hit all-time highs on Mother’s Day
Restaurant owners across all formats, be it fine dining, casual dining, or food aggregator platforms, reported an unprecedented surge in diners on Mother's Day,...
Marico eyes strategic acquisitions to boost business in South Asian markets
Marico Ltd, a leading player in fast-moving consumer goods (FMCG), is actively exploring acquisitions in South Asia to bolster its growth strategy in the...
McDonald’s mandates US franchisees to contribute to digital marketing fund
McDonald's will introduce a requirement for its US franchisees to contribute to a new digital marketing fund from 2025 onwards, as reported by CNBC....
Krispy Kreme posts Q1 2024 loss despite revenue surge
Krispy Kreme, the renowned American doughnut and coffeehouse chain, has reported a net loss of $6.7 million for the first quarter (Q1) of 2024,...