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S.P. Apparels to bolster portfolio with 51.33% stake acquisition in Young Brand Apparels for INR 95 Crore
Garment manufacturer S.P. Apparels Ltd is set to acquire a 51.33% stake in Young Brand Apparels Private Ltd, a company with INR 325.91 crore...
Quick-commerce giants grab 30-50% of FMCG sales, kirana stores witness slowdown
In the last quarter of 2023, around 12 million local grocery stores in India observed a significant slowdown in sales. Meanwhile, quick-commerce companies not...
McDonald’s Q4 results show 3.4% sales growth amidst challenges, West Asia boycotts impact performance
McDonald's experienced a challenging conclusion to what initially seemed like a promising year, facing declining sales in numerous markets attributed to the impact of...
Pret A Manger expands global presence: Enters South African market in partnership with Millat Group
Pret A Manger, a UK-based cafe chain, has joined forces with Millat Group to enter the South African market.Pret A Manger and the Millat...
GOPIZZA’s growth soars with 50th outlet in India, crosses the 200-store mark globally
GOPIZZA, Korea's largest pizza brand, has announced the opening of its 50th store in India, marking the achievement of 200 stores globally. The new...
Haryana takes bold step as first state to prohibit plastic bottles for locally produced liquor
Haryana Deputy Chief Minister Dushyant Chautala announced on Sunday that, beginning March 1, country-made liquor would no longer be sold in plastic bottles.This move...
Barbeque Nation expands footprint with grand opening at Nexus Ahmedabad, marking fourth venture in Gujarat
Barbeque Nation, a Bengaluru-based restaurant chain, has recently launched a new establishment at Nexus Ahmedabad, as mentioned in a social media post by a...
Pet care startup Papa Pawsome secures $400K in seed funding led by Indian Angel Network
Papa Pawsome, a pet care brand, secured $400,000 in seed funding in a round led by the Indian Angel Network. Notable investors from IAN,...
Reliance Retail’s Fresh Signature expands presence in Mumbai with grand opening of new flagship store at Infiniti Mall
Fresh Signature, the experiential supermarket chain from Reliance Retail, inaugurated its newest flagship store in Mumbai. This marks the 141st outlet of the upscale...
Good Flippin’ Burgers kicks off Pune expansion with three simultaneous store openings
Mumbai-based burger brand Good Flippin’ Burgers marked its entry into Pune with the inauguration of three new stores in the city, as announced by...
Pepsi India bottler Varun Beverages’ Q4 profits soar by 77% driven by robust demand and international expansion
On Monday, Varun Beverages, the bottler for Pepsi in India, reported a 77% surge in its quarterly profit. This increase was driven by double-digit...
IKEA eyes major investment boost in India as it explores next phase of funding and expansion plans
IKEA, the Swedish furniture retailer, is exploring further investment opportunities in India as it approaches the next phase of funding. The company initially committed...