Author: Ashutosh Dubey
Breaking News
Curefood goes global, opens Sharief Bhai outlet in Dubai
Curefoods has expanded its brand globally by opening its first Sharief Bhai outlet in Dubai, UAE.Curefood to serve handcrafted Dakhni flavors from DeccanLocated in...
NCLAT rejects INR 3.7 Cr insolvency petition against Amazon Wholesale
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea seeking to initiate insolvency proceedings against Amazon Wholesale (India). This decision comes after Multiplier...
CCI gives nod to Temasek investment in Rebel Foods
The Competition Commission of India (CCI) has given the nod for Temasek, through its wholly-owned subsidiary Jongsong Investments, to acquire a stake in Rebel...
PhonePe’s Pincode pilots 20-minute quick delivery service, challenges Zepto, Blinkit
PhonePe's Pincode has entered the quick commerce space, piloting a quick delivery service in parts of Bengaluru, Delhi NCR, Mumbai, Pune, Hyderabad, and Varanasi....
CCI approves Google’s Alphabet acquiring stake in Flipkart
The Competition Commission of India (CCI) has given the green light for Google parent company Alphabet to acquire a stake in ecommerce giant Flipkart.Flipkart...
Tata Cliq reports 42% sales drop to INR 247 Cr, attributes decline to exit from electronics
Tata Cliq, the ecommerce platform of the Tata Group, has seen its sales drop for the second consecutive year.Tata UniStore registers INR 430 Cr...
Meesho introduces voice bot Gen AI, expects 20% cost reduction
Meesho, an e-commerce platform, has announced the launch of a multilingual Gen AI-powered voice bot to enhance its customer support on Tuesday, November 26.Meesho’s...
CEO Deepinder Goyal’s net worth surpasses INR 10,100 Cr; holds 4.18% stake in Zomato
Zomato's founder and CEO Deepinder Goyal has seen a significant boost in his net worth, driven by a sharp rally in the company's share...
D2C skincare brand Sugar Cosmetics to secure INR 38 Cr in In-house investment round
Mumbai-based D2C brand Sugar Cosmetics is set to raise INR 38 Cr ($4.5 Mn) from its existing investors, including Anicut Equity Continuum Fund, Elevation...
Flipkart’s Ekart achieves 8x growth in three years, boosts monetization efforts
The in-house logistics arm of ecommerce giant Flipkart, Ekart has scaled its operations and recorded an impressive 8-times growth over three years. This growth can...
LT Foods goes global, aims to tap $2 Bn rice market of Saudi Arabia
LT Foods Limited, a global FMCG company, has entered the Saudi Arabian retail market with the opening of a new office in Riyadh. This...
HUL announces demerger of ice cream business, cites synergies limitation
Hindustan Unilever Ltd (HUL) has announced that its board has approved the demerger of its ice cream business into an independent listed entity.HUL owns...