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Baazar Style Retail initiates IPO process, files draft papers with SEBI
Value fashion retailer Baazar Style Retail Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an Initial Public Offering...
Zomato among Jefferies’ top picks for next five years, anticipates 2.5X share price increase by 2029
Zomato has secured a spot among Jefferies' "top picks" for the next five years, with the brokerage predicting a 2.5X increase in the foodtech...
Jumbotail raises INR 151 Crore led by Artal Asia in Series C3 funding round to revolutionize kirana retail ecosystem
Jumbotail, the B2B marketplace and retail platform, has successfully raised INR 151 crore ($18.2 million) in its Series C3 equity funding round. The funding...
Swiggy launches ‘Delivering Safely’ campaign to ensure safety of delivery partners across India
Swiggy has launched a nationwide road safety campaign named 'Delivering Safely,' reaffirming its commitment to prioritizing the safety of its delivery partners.Being a leading...
Blinkit to outgrow Zomato within a year, says CEO Deepinder Goyal
Zomato Co-Founder and chief executive Deepinder Goyal stated on Monday that the company’s quick-commerce platform Blinkit will outgrow its mainstay food-delivery business within a...
Retail sales show modest 5% increase in February 2024: RAI Survey
According to a survey conducted by the Retailers Association of India (RAI), retail sales in February 2024 saw a modest 5% increase compared to...
P&G India appoints Kumar Venkatasubramanian as new CEO
Procter & Gamble (P&G) India has appointed Kumar Venkatasubramanian as the chief executive officer to lead its operations in India effective May 1, 2024.Kumar,...
FSSAI unveils action plan against Anti-Microbial Resistance at 43rd CAC meeting in Coimbatore
During the 43rd meeting of the Central Advisory Committee (CAC) in Coimbatore, Tamil Nadu, the Food Safety and Standards Authority of India (FSSAI) revealed...
After Amazon, ITC becomes second company to utilize inland waterways for FMCG transport
ITC has become the second company, after Amazon, to employ inland waterways for commercial transport, as per an official statement.The statement added that ITC...
Decathlon accelerates investments in India, eyes production expansion and retail growth
French sports retailer Decathlon is accelerating its investments to ramp up production and enhance its retail presence further in India, one of its "most...
Zomato faces INR 8.6 Cr GST penalty notice from Gujarat State Tax Authority
Zomato, a major player in the foodtech industry, has received a penalty notice for goods and services tax (GST) from Gujarat’s Deputy Commissioner of...
Binny Bansal boosts investment efforts in India post Flipkart exit, focuses on scaling ventures including OppDoor and Curefoods
Binny Bansal, co-founder of Flipkart, has reportedly intensified his investment efforts in India following his departure from the company's board in January. According to...