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Nestle India’s Q4 net profit jumps 27% to INR 934 Crore amid strong sales growth
Nestle India, a major FMCG company, reported a 27% increase in net profit to INR 934 crore for the fourth quarter ended March 31,...
Radisson Hotel Group expands portfolio with Svelte Delhi, set to open by Q3 2024
On Thursday, the Radisson Hotel Group announced the signing of the 108-room Svelte Delhi, a member of Radisson Individuals.The hotel is anticipated to commence...
McDonald’s makes a comeback at East Delhi Mall with a fresh look and enhanced dining experience
McDonald's has unveiled its revamped outlet at East Delhi Mall in Ghaziabad, Uttar Pradesh, boasting a brand-new appearance.The restaurant underwent closure for renovation, aiming...
Nestle and Dr. Reddy’s announce joint venture for nutraceutical brands in India
Nestle India and Dr. Reddy’s have officially inked a deal to establish a joint venture (JV), aiming to introduce cutting-edge nutraceutical brands to consumers...
Lenskart set to secure $200 Million funding from Temasek, Fidelity
Singapore's state investment firm Temasek and US-based Fidelity are in the last stages of negotiations to inject approximately $200 million into Lenskart via a...
FSSAI collecting pan-India samples of Nestle’s Cerelac baby cereals: CEO
On Thursday, the Food Safety and Standards Authority of India (FSSAI) stated that it is currently collecting samples of Nestle’s Cerelac baby cereals from...
Boldfit teams up with Royal Challengers Bengaluru as exclusive fitness equipment partner
Boldfit, a renowned brand specializing in fitness apparel, supplements, and equipment, has officially partnered as the exclusive provider of fitness equipment for Royal Challengers...
Nestle raises concerns over surging coffee and cocoa prices, expects milk prices to follow suit
Nestle, the largest packaged food company globally, stated that commodity prices are encountering unparalleled challenges in both coffee and cocoa, with prices reaching all-time...
Kerala govt mulls scrapping ‘dry days’ to revitalize beverage sector and tourism
The Kerala government is considering putting an end to the 'dry days' tradition observed in the state on the first day of each month,...
HUL expects surge in FMCG demand, rules out short-term price hike
Hindustan Unilever (HUL), a prominent FMCG manufacturer, anticipates a gradual increase in overall demand without any imminent price hikes in the near future, according...
Swiggy gets green light from shareholders for $1.2 Billion IPO
Foodtech giant Swiggy has secured approval from its shareholders for its initial public offering (IPO), as disclosed in regulatory filings. The company intends to...
Hindustan Unilever rebrands Horlicks as ‘functional nutritional drink,’ drops ‘health’ label amid regulatory changes
In response to recent regulatory shifts in the health drinks sector, Hindustan Unilever (HUL) executed a notable rebranding strategy. The company has opted to...