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Ocado Retail records 10.6% revenue growth to $815.5m in Q1 FY24
Ocado Retail, a collaboration between the Ocado Group and Marks & Spencer, reported a 10.6% rise in revenue for the first quarter of fiscal...
Supermarket chain Aldi to open 35 new stores across the UK in 2024
Supermarket chain Aldi is expanding its presence across the UK, with plans to open 35 new stores in 2024.The retailer's expansion makes its low...
Malabar Gold & Diamonds debuts in Latur, marking its 24th outlet in Maharashtra
Malabar Gold & Diamonds, a prestigious name in India's jewellery retail sector, has launched its newest retail masterpiece in Latur, Maharashtra. Located at Sawe...
PepsiCo to invest $400m in two sustainable plants in Vietnam
PepsiCo plans to invest $400 million in Vietnam to construct two new plants powered by renewable energy, according to Reuters.The announcement came during a...
Yousta unveils second Pune outlet with Bollywood star Shraddha Kapoor adding glamour to the grand opening
Yousta, the vibrant fashion brand catering to the youth under Reliance Retail, is thrilled to announce the inauguration of its second store in Pune,...
Indian rice exporters raise prices in response to hike in export duty
This week saw a rise in rice export prices for India, the leading exporter, as traders adjusted to increased duties on rice shipments. Meanwhile,...
Govt mandates wheat stock declaration by traders to control prices
In order to prevent hoarding and speculation by unscrupulous elements, the Central Government announced on Friday that all retail and wholesale wheat traders in...
Over one billion meals wasted daily while 783 million people face hunger, UN report finds
In 2022, households wasted over one billion meals a day, while 783 million people struggled with hunger and a third of humanity faced food...
Bambrew raises INR 60 Cr in Series A funding to expand sustainable packaging solutions for FMCG and F&B sectors
Cleantech startup Bambrew has secured INR 60 Cr (approximately $7 Mn) in its Series A funding round through a mix of equity and debt....
IHCL triples hotel signings in FY24, surpassing expansion targets ahead of schedule
In FY24, the Indian Hotels Company Ltd (IHCL) inked deals for 52 hotels, almost tripling its signings from FY22 and boosting its expansion rate.The...
Personal care brand Joy targets INR 750 crore revenue in FY2025; expands distribution and enters new international markets
Joy, the personal care brand under RSH Global, aims to achieve a revenue of INR 750 crore in FY2025. The company is prioritizing the...
Elevate Foods secures $525K pre-seed funding from Wavemaker Impact to empower Indian farm-gate processors
Elevate Foods, a platform supporting small- and medium-sized farm-gate processors, has secured a pre-seed funding round of $525,000 led by Wavemaker Impact (WMi).Elevate Foods,...