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Breaking News
KFC Malaysia temporarily closes outlets, citing economic challenges
KFC Malaysia has decided to temporarily shut down its outlets across the country, attributing the move to challenging economic circumstances. This decision follows reports...
IPO-bound FirstCry faces INR 278 Cr loss in nine months of FY24
FirstCry, a kids-focused omnichannel retailer, recorded a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial...
Lab-grown diamond brand Solitario unveils its first Chennai store, marking 15th retail outlet in India
Solitario, the brand known for its lab-grown diamonds, has made its debut in Chennai by opening its first store at Phoenix Market City Mall....
IHCL aims for double-digit growth, eyes international expansion in FY25
Tata group-backed Indian Hotels Company (IHCL) has set its sights on achieving double-digit topline growth this fiscal year. With aspirations to unveil 25-30 new...
Shoppers Stop appoints Kavindra Mishra as MD & CEO
Shoppers Stop, the departmental store chain, has promoted Kavindra Mishra to the position of managing director and chief executive officer. Previously, Mishra held the...
FirstCry refiles DRHP following SEBI review; IPO offer unchanged
FirstCry, the Pune-based omnichannel marketplace, has refiled its draft red herring prospectus (DRHP) after the Securities and Exchange Board of India (SEBI) stated that...
Shoppers Stop reports 53% rise in Q4 profit driven by beauty and luxury items
Shoppers Stop, a prominent department store chain, saw nearly a 53% rise in fourth-quarter profit, fueled by strong demand for beauty products and luxury...
Now, Australia examining contamination allegations against MDH and Everest spice mixes, potential recall looms
Food Standards Australia New Zealand (FSANZ) said that it is examining allegations of contamination involving spice mixes produced by Indian companies MDH and Everest....
Intense competition dents profits: Gillette India’s Q3 earnings dip by nearly 4%
Gillette India saw a nearly 4% decline in third-quarter profits due to intense competition in the domestic market, which subdued demand.Gillette India, renowned for...
Malaysia’s Union Artisan Coffee enters Indian market, opens first cafe in Delhi’s Worldmark, Aerocity
Union Artisan Coffee, the renowned artisanal coffee chain from Malaysia, has unveiled its first café in India, situated in the prestigious locale of Worldmark,...
Bacardi India appoints Sameeksha Uniyal as regional brand head for AMEA
In a bid to amplify business growth in the region, Bacardi India Private Limited has elevated Sameeksha Uniyal to the position of regional head...
Plant-based milk brand OatMIK sees 21x revenue surge, eyes global expansion
OatMIK, a plant-based milk brand, is charting a path for growth by prioritizing four key avenues: target groups, geographical locations, distribution channels, and product...