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FMCG companies anticipate inflation-focused measures in upcoming budget to boost consumption and rural growth
Despite the early signs of recovery, the FMCG industry faced significant inflationary pressures, especially in the mass consumption segment. In anticipation of the February...
Swiggy reports robust 40% revenue growth to INR 8,264 Cr in FY23, despite net loss crossing INR 4,000 Crore mark
Swiggy, the Bengaluru-based food delivery giant, saw its net loss cross the INR 4,000 Crore threshold for the financial year ending on March 31,...
Quick-commerce unicorn Zepto considers reverse flip to India, targets IPO in 2026
In a strategic move, Nexus-backed Zepto is actively considering a reverse flip to India. According to sources close to the company, Zepto aims to...
Uttishtha 2024 wraps up: IIM Kashipur’s FIED propels agri-startups with INR 14.6 Crores
The seventh iteration of the largest agricultural startup expo, "Uttishtha 2024," has concluded with great fanfare after two days of showcasing talent, innovation, and...
Shilpa Shetty dives into kids fashion industry with Zip Zap Zoop, aiming to revolutionize the industry with sustainable practices and diverse offerings
Actress Shilpa Shetty Kundra has collaborated with fashion consultant Ashmika Sadh to establish a new venture, marking her entry into the children's clothing industry.The...
Fidelity slashes Meesho’s valuation again, now at $3.5 Billion – a 29% drop from previous high of $4.9 Billion
The US-based asset management company Fidelity has once again lowered the valuation of Meesho on its books, now assessing the e-commerce startup at $3.5...
Ikea expands reach with online doorstep deliveries to 62 new districts in India; plans e-commerce launch in Delhi-NCR within a year
In a bid to enhance its product accessibility, Swedish furniture retailer Ikea is set to initiate online doorstep deliveries to 62 new districts in...
Spanish fashion brand Mango sees India as key driver for global expansion
Spanish fashion brand Mango highlighted the importance of India in its global growth strategy, citing the rising demand for women's western wear, the robust...
Starbucks enters Himachal Pradesh, unveils first drive-through store in the region
Starbucks, the renowned US-based coffee chain, has marked its entry into Himachal Pradesh with the unveiling of a new drive-through store, as shared by...
Heritage Foods Q3 net profit reaches INR 27 Crore, marking a 96.4% year-on-year growth
Heritage Foods posted a net profit of INR 27 crore in the third quarter ended December 31, 2023, marking an impressive year-on-year growth of...
Tur dal prices surge by 5% despite arrival of new crops and ongoing imports
Wholesale prices of tur dal have increased by 5% in the last month, despite the arrival of new crops and ongoing imports from Myanmar....
ITC Q3 net profit surges 6.5% to INR 5,400.52 Crore; revenue records 2.43% growth
Diversified entity ITC Ltd on Monday reported a 6.51% surge in its consolidated net profit for the December 2023 quarter, totaling INR 5,400.51 crore....