Darshan Mehta, Managing Director of Reliance Brands, is stepping down from his position after nearly 20 years at the helm. Mehta will transition into a mentorship role within the Reliance Group.Darshan Mehta continues to serve as...
Subway, the global Quick Service Restaurant (QSR) chain, plans to double its store count in India from 850 to 1,700 over the next 5-6 years, targeting both metro and non-metro cities.India is an important market for...
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KFC launches new campaign ‘Taste the Epic’ targeting the GenZs
KFC has unveiled its latest campaign, 'Taste the Epic' targeted at the Gen Zs’, portraying howthe search for greatness or epicness and fun in...
NoBroker unveils latest campaign bringing out the Hero in every home buyer
Proptech company, NoBroker has unveiled its new campaign ‘The Heroes at Home’. The ad filmportrays how NoBroker is the one-stop destination for homebuyers. It...
Bingo forges partnership with All India Pickleball Association
ITC Foods snacking brand Bingo has entered into a collaboration with All India PickleballAssociation for a tenure of five years. This partnership has the...
Swiggy makes strong market debut, surges 16.91% above IPO price
Foodtech major Swiggy's shares closed at INR 455.95 on the BSE, a 16.91% increase from its IPO price of INR 390. The stock listed...
Global investment firm Prosus earns $2 Bn from Swiggy’s IPO
Global investment giant Prosus has reaped a whopping $2 billion from its investment in foodtech major Swiggy, which made its stock market debut on...
Meesho registers reduction in net loss by 81.8% to INR 304.9 Cr in FY24
Meesho's net loss significantly decreased by 81.8% to INR 304.9 crore in the financial year 2023-24, from INR 1,675 crore in the previous year....
Day 3: Swiggy’s IPO oversubscribed by 3.59 times, led by QIBs
Swiggy, the food delivery giant, had its initial public offering (IPO) oversubscribed by 3.59 times, despite a slow start in the first two days. Swiggy...
Day 2: Swiggy’s IPO continues to receive lukewarm response with only 35% subscription
Swiggy's INR 11,324 crore IPO saw a slow response on the second day persistently, with only 35% of the shares being subscribed. Bombay Stock...
India’s Textile Industry to see 6-8% growth in FY25 driven by US demand
India's home textiles industry is likely to see revenue growth of 6-8% for the fiscal year, with significant expansion coming from the domestic market...
Swiggy’s IPO receives 11% subscription on opening day, sluggish start
Swiggy's initial public offering (IPO) had a slow start on November 6, the first day of bidding, with only 11% of the shares...
Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares
Foodtech giant Swiggy raised INR 5,085 Cr on Tuesday, November 5, from anchor investors at INR 390 per share, ahead of its IPO. The...
Arya.ag secures $19.8 Mn from US DFC, aims debt support for Aryatech
Agritech startup Arya.ag has received a $19.8 Mn (INR 166.4 Cr) commitment from US International Development Finance Corporation (DFC) to provide a debt facility...