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Sunday, October 13, 2024

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MilkLane launches procurement services for dairy companies, offering aflatoxin-free and antibiotic-safe milk

Industry
MilkLane, a prominent dairy brand within the Swiss-Indian food and technology platform Innoterra, has launched its Dairy Procurement Services to provide high-quality milk that...

Online festive sales in India surge 26% to over INR 54,500 Cr, driven by mobile phones and electronics

Industry
India's online festive sales saw a significant surge in the first week, largely driven by demand for mobile phones and electronics, which might not...

Honasa Consumer denies asset ownership in UAE as Dubai court upholds attachment order

D2C
Just a day after a Dubai court upheld its earlier ruling to attach assets of Mamaearth’s parent company in the region, Honasa Consumer asserted...

Tea Board launches INR 664.09 Cr development scheme to boost Indian tea industry

Industry
In a bid to uplift the Indian tea industry, the Tea Board has announced the Tea Development & Promotion Scheme with a total budget...

Titan Company expects 25% revenue growth in Q2 as gold duty cut stimulates sales

Industry
Titan Company, the Indian jeweller and watchmaker, anticipates a 25% rise in second-quarter revenue due to improved domestic demand for certain jewellery products following...

Marriott International sees future growth in India’s untapped regional markets

Hotels & Restaurants
Marriott International, the world’s largest hospitality company by room count, anticipates significant growth in India, its fifth-largest market. Untapped͏͏ Markets͏͏ on͏͏ the͏͏ Radar: David͏͏ S.͏͏ Marriott,͏͏...

SAMHI strengthens portfolio with acquisition of Innmar Tourism and Hotels

Hotels & Restaurants
Branded hotel ownership and asset management platform SAMHI has successfully finalized the Share Purchase Agreement (“SPA”) for the acquisition of Innmar Tourism and Hotels...

Adani Wilmar reports 10% volume growth in Q2, food and FMCG segment surges 31%

FMCG
Adani Wilmar has reported a 10% increase in total volume during the second quarter of this financial year, while its food and FMCG segment...

IPO-bound Swiggy launches 10-minute food delivery service ‘Bolt’

Food Tech
IPO-bound foodtech giant Swiggy has introduced a new service offering quick-to-prepare dishes delivered in 10 minutes. Branded͏͏ as͏͏ Swiggy͏͏ Bolt,͏͏ the͏͏ service͏͏ is͏͏ currently͏͏ active͏͏...

UN food price index soars to 18-month high in September, driven by rising sugar prices

International
The United Nations' world food price index surged in September, according to data released on Friday, recording its largest increase in 18 months due...

Vegetarian thali prices surge 11% YoY; non-vegetarian thalis report 2% decline

Industry
The cost of home-cooked vegetarian thalis increased by 11% year-on-year in September, while non-vegetarian thalis saw a 2% decline, according to Crisil. The͏͏ increase͏͏ in͏͏...

Wooden Street hits 100-store milestone with new Udaipur outlet

Industry
Jaipur-based home decor and furnishing brand Wooden Street has marked a significant milestone by opening its 100th store in Udaipur. "We͏͏ couldn't͏͏ have͏͏ achieved͏͏ this͏͏...
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