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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,...
Gordon Ramsay, Fox to launch food brand & entertainment platform ‘Bite’
Gordon Ramsay and Fox Entertainment have collaborated to introduce Bite, a dynamic brand blending food and entertainment, showcasing culinary delights, lifestyle content, and an...
D2C sneaker brand Comet in advanced talks with Elevation Capital and Nexus Venture Partners for Series A funding
Comet, a Bengaluru-based direct-to-consumer (D2C) sneaker brand, is currently in advanced discussions with Elevation Capital and Nexus Venture Partners to raise Series A funding,...
From sparkling wines to spa treatments: Indian hotels roll out deluxe offers for business travelers
The Courtyard by Marriott Aravali Resort is embracing #BusinessNotasUsual, rolling out exclusive offers tailored for its esteemed corporate clients. Meanwhile, the Four Seasons Mumbai...
Spices Board issues comprehensive guidelines to curb ethylene oxide contamination in Indian spice exports
The Spices Board has issued detailed guidelines for exporters to mitigate the risk of ethylene oxide (EtO) contamination in products exported from India. This...
D2C fashion brand Powerlook aims for INR 300 Crore GMV this fiscal year
The fashion brand Powerlook is aiming to achieve a gross merchandise value (GMV) of INR 300 crore in the current financial year, marking a...
Konkan cashew growers struggle as imports from Africa depress prices
Konkan, renowned for its exquisite mangoes, is equally celebrated for its sprawling cashew orchards. However, the influx of subpar cashew imports from Tanzania, Mozambique,...
Relaxo Footwears Q4 net profit drops by 3% to INR 61 Crore
Relaxo Footwears has reported a 3 percent decline in net profit for the March quarter to INR 61.39 crore, as against INR 63.3 crore...
Kalyan Jewellers’ Q4 consolidated PAT surges 97% to INR 137 Cr
Kalyan Jewellers has reported a 97% growth in consolidated profit after tax (PAT) to INR 137.49 crore during the March quarter. The retailer's PAT...
ASTA engages with Spices Board of India over ETO concerns: Asserts vital role in maintaining spice safety and US FDA compliance
The American Spice Trade Association (ASTA) has reached out to the Spices Board of India to clarify that ethylene oxide (ETO) is sanctioned for...
Meesho secures $275 Million in first tranche of larger funding round
Meesho, the ecommerce platform, has successfully closed a $275 million funding round through a mix of primary and secondary share sales.According to a report...