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Friday, October 11, 2024

News

OYO restructures leadership in key verticals to accelerate global growth

Hospitality
OYO, the hospitality unicorn, is shaking up its top leadership by promoting five executives in technology, product, strategy, operations, and distribution. First off, Sonal Sinha has been named chief operating officer (COO) of OYO’s international business, according...

Radisson Blu to organise theatrical fest ahead of Diwali, partners with Vino De Bella

Hospitality
Indian brands are now experimenting with arts and culture to offer customers different experiences during this festive season. Organising cultural events has become a trend to add local colour and authenticity, enhancing their engagement with the...

Unilever exits Russia, sells operations and factories for unrevealed Sum

International
UK consumer goods giant Unilever announced on Thursday, October 16 that it sold its Russian business to Arnest Group, a local producer of perfume,...

Ferns N Petals launches 30-minute fast delivery service in 36 cities

E-Commerce
Ferns N Petals (FNP), a gifting platform, announced on Friday, October 11 that it has launched a new 30-minute delivery service in 36 cities...

The Baker’s Dozen collaborates with actress Soha Ali Khan ahead of festive season, eyes 30-40 cr sales

Food & Beverage
The Baker’s Dozen (TBD), an artisan bakery brand, has partnered with Bollywood actress Soha Ali Khan for its consumer awareness campaign, ‘The Truth We...

UPI Transactions Soar 52% to 78.97 Billion in H1 2024, value hits INR 116.63 lac cr – Report

Finance & Operations
India's digital payment system saw remarkable growth in the first half of 2024. Transactions using Unified Payments Interface (UPI) surged 52% to 78.97 billion,...

Kalyan Jewellers revenue soars 39% on strong same-store sales in Q2 of FY25

Luxury
Kalyan Jewellers reported healthy financial performance in the second quarter of 2024-25. Revenues from Indian operations rose by 39% compared with the same period...

Radisson group opens newly Svelte Delhi, a 108-Room Hotel

Hospitality
On Tuesday, October 8, Radisson Hotel Group announced the opening of Svelte Delhi, a Radisson Individuals member, making it the first of this brand...

GCPL, Dabur, Marico: FMCG Majors face margin pressure as palm oil, advertising and input costs rise

FMCG
Major FMCG companies predict that rising palm oil prices, higher input costs, and increased advertising and promotion expenses will affect their margins and profits...

Beauté Secrets receives INR 1.6 crore from Velocity ahead of festive season

Fashion
Beauté Secrets, a beauty tools brand from Gurgaon, received INR 1.6 crore from Velocity, backed by Peter Thiel's Valar Ventures. Just in time for...

Indri Single Malt launches first travel-exclusive collection ‘City Series’ at Bengaluru Duty Free 

Food & Beverage
Piccadily Agro Industries, known for Indri single malt, launched its first travel-exclusive collection, the ‘City Series,’ with a special edition for Bengaluru Duty Free.  Marking...

India’s E-commerce market targets $325 billion by end of 2030 with 21% CAGR – Reports

E-Commerce
India's online shopping market is expected to grow rapidly, reaching $325 billion by 2030, with a 21% compound annual growth rate (CAGR), according to...

Watch brand Rado expects to end 2024 with double-digit growth in India

Luxury
Swiss watch brand Rado eyes remarkable double-digit growth in India, its biggest market, by the end of 2024. In an interview with ETRetail, Rado's Global...

Starbucks India partners with Bombay Sweet Shop to introduce exclusive festive culinary collection

Festivals
Starbucks India is all set to celebrate the season by introducing a new range of drinks and food items inspired by Indian flavour profile...
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