Global brokerage firm Morgan Stanley has increased its target price for Zomato to INR 355 from INR 278, citing the company's potential to benefit from the growing quick commerce (QC) market in India. This represents a 31.7%...
Gariahat hawkers in Kolkata are embracing the online marketplace to regain lost business due to the rise of e-commerce. The Gariahat Indira Hawkers' Union, representing around 1,500 of the 2,000 hawkers, has hired a professional agency...
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IHG Hotels to expand in India with new Vignette Collection brand
IHG Hotels & Resorts is expanding its luxury presence in India with plans to introduce its Vignette Collection brand.IHG hotels operates 52 hotels, mainly...
Luxury jewellery brand Giva registers 66% revenue growth to INR 274 Cr
Giva, a jewellery startup, saw a 66% surge in operating revenue to INR 274 crore, despite a 30% year-over-year (YoY) increase in losses.Giva secures...
Flipkart to create 600 jobs with new FSC centre in Indore
Flipkart, India's leading e-commerce platform, has launched a new Fulfilment and Sortation Center (FSC) in Indore, Madhya Pradesh. Spanning 1.59 lakh sq. ft., this...
Japanese home furnishing retailer Nitori to debut in India, plans 289 stores by 2032
Japan's largest furniture and home furnishing retail chain, Nitori, is set to enter the Indian market with its first store at R City Mall...
Zepto doubles target, aims to secure $300 Mn from domestic investors
Indian quick commerce startup Zepto is set to raise $300 million from domestic investors, doubling its initial target, as per sources close to the...
FSSAI directs e-Commerce FBOs to prevent misleading information about food products
The Food Safety and Standards Authority of India (FSSAI) held a meeting in Delhi with e-commerce Food Business Operators (FBOs) to reinforce food safety...
French patisserie Ladurée launches first store in Kolkata, India
Ladurée, the renowned French patisserie chain, has launched its first café in India at Quest Mall, Kolkata. This new venture combines Parisian elegance with...
Mirah Hospitality merges with SKFS food company in INR 80 Cr deal, plans pan-India expansion
Food services company SKFS Group has acquired Mirah Hospitality & Gourmet, owner of Rajdhani, Bayroute, and Hitchki, for INR 80 crore.Looking to scale up...
Quick commerce market to reach $40 Bn by 2030, engulfs nearly half of kirana sales
Quick commerce companies are surpassing traditional retailers, with 46% of consumers reducing purchases from Kirana shops. The quick commerce market is expected to reach...
Sula Vineyards ltd registers record revenue of INR 271.7 cr in H1FY25, 3.7% YoY
Sula Vineyards Limited, India's leading wine producer, reported a record net revenue of INR 271.7 crore for the first half of FY25, marking a...
Nashville Fried Chicken expands to Delhi with Massive RestaurantsÂ
Nashville Fried Chicken (NFC), led by Zorawar Kalra, has expanded to Delhi-NCR after successful stints in Bangalore, Hyderabad, Chennai, and Mumbai.As part of Massive...
Indian Glycols ltd forays into local beverages market with Amrut DistilleriesÂ
India Glycols Limited (IGL), a leading specialty chemicals and alcoholic beverages company, has entered India's premium alcoholic beverages market through a partnership with Bangalore-based...