Thursday, April 24, 2025

Business

Tata Consumer Posts Rs 348.72 Cr Q4 Profit, Driven by Strong India Demand and Salt Price Hike

Growth
Tata Consumer Products Ltd (TCPL), the consumer goods arm of the Tata Group, wrapped up the fourth quarter of FY25 on a high note, reporting a sharp 64% jump in consolidated net profit at ₹348.72 crore—up...

Fashion with Attitude: MyDesignation Secures $1.25M from Multiply Ventures & Others to Bring Expressive Style to the Masses

INVESTMENTS
Thiruvananthapuram-based MyDesignation has landed ₹10.7 crore (roughly $1.25 million) in seed funding to scale up its operations and make a stronger mark on India’s fast-evolving fashion scene. The round was led by Multiply Ventures, with contributions...

No GST on UPI Payments Over Rs 2,000, Says Government After Social Media Buzz

Business
Rumors were flying this week about the government planning to slap GST on UPI payments above Rs 2,000 — but the Finance Ministry has...

Industry Buzz: Jeyandran Venugopal, Former Flipkart Tech Chief, Poised to Helm Reliance Retail

Business
Mumbai: There’s strong chatter in the industry that Jeyandran Venugopal is in talks to take over as CEO of Reliance Retail (RRVL). While nothing...

“Influencers Aren’t Founders”: Bombay Shaving Company CEO Takes a Swipe at Social Media-Driven Startups

Business
Shantanu Deshpande, founder and CEO of Bombay Shaving Company, didn’t hold back in a recent LinkedIn post that’s now stirring up conversation across India’s...

Aman Gupta of boAt Calls Out BluSmart’s Fraud Scandal, Warns Founders to Prioritize Ethics Over Rapid Growth

Business
Aman Gupta, co-founder of boAt and a familiar face from Shark Tank India, has weighed in on the BluSmart controversy, calling it a cautionary...

From the Brink of Collapse to $200M ARR: How Aadit Palicha Steered Zepto’s Ad Business Through Chaos

Business
Zepto’s cofounder and CEO Aadit Palicha recently shared that the company’s advertising division has seen an explosive rise, scaling its annualised revenue run-rate (ARR)...

5 Reasons Healthy QSRs Haven’t Worked in India And What Founders & Investors Need to Rethink

Business
Inspired by Dilip Kumar’s insightful LinkedIn postThere’s a massive opportunity waiting to be tapped—building a scalable, healthy QSR (quick service restaurant) in India. With...

Justdial Clocks Rs 157.6 Cr Profit in Q4, Up 36% YoY Mobile Traffic Dominates, Listings Surge Past 4.8 Cr

Business
Justdial closed the last quarter of FY25 with solid numbers across the board, posting a net profit of Rs 157.6 crore, a 36% jump...

Zomato-Blinkit Parent Eternal Moves to Cap Foreign Ownership at 49.5% Amid Government’s Push for Local Control

Business
Eternal, the parent company of Zomato and Blinkit, is planning to draw a line in the sand when it comes to foreign ownership. In...

ITC Buys Out 24 Mantra Organic in Rs 472.5 Cr Deal, Eyes Big Slice of India’s Clean Food Market

Business
In a bold step toward strengthening its health-forward foods portfolio, ITC Ltd. has signed a deal to fully acquire Sresta Natural Bioproducts Pvt. Ltd.,...

ITC Doubles Down on Natural Baby Care with Full Buyout of Mother Sparsh in Rs 126 Crore Deal

Business
ITC Ltd. is going all-in on baby care. The FMCG giant has signed off on a deal to acquire the remaining 73.5% stake in...

From Bank Desk to Streetwear Stardom: How Divyush Gadodia’s Sorta.® Hit Rs 60 Lakh in Sales with Kolkata-Born ‘Hustlewear’

Business
Back in 2020, Divyush Gadodia stepped away from the world of finance and banking to launch something entirely of his own—Sorta.®, a streetwear label...

Unicommerce’s Longtime Tech Chief Bhupinder Garg Steps Down, Leadership Realigned

Business
After more than seven years at the heart of Unicommerce’s tech journey, Bhupinder Garg has decided to move on. The Chief Technology Officer, whose...
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