Industry

Indian restaurants struggle as scorching heatwave dampens sales by up to 40%

The scorching heatwave and severe weather patterns sweeping across many regions of the nation have significantly impacted restaurants, pubs, and bars in Indian cities....

Swiggy’s revenue from food delivery, Instamart reaches INR 7,800 Cr in FY24

IPO-bound Swiggy Ltd. saw a 35% increase in revenue from its top two businesses—food delivery and the quick-commerce unit Instamart—in FY24, along with a...

Amazon sees remarkable growth in home, kitchen, and outdoors categories in Dehradun and Uttarakhand; new customer base surges by 10%

Amazon, the e-commerce giant, saw double-digit year-on-year growth across home, kitchen, and outdoors categories in Dehradun and Uttarakhand.In Dehradun and Uttarakhand, the company observed...

Annapurna Swadisht’s consolidated net profit soars by 83.81% in FY24

Annapurna Swadisht Limited (ASL), a Kolkata-based food and beverages company, has recorded a near 84% (83.81%) surge in consolidated net profit at INR 13.13...

Zomato shares plummet 5% as Macquarie predicts 47% decline ahead

Foodtech giant Zomato's shares took a hit of around 5% during intraday trading on Friday (May 31), falling to as low as INR 172.5...

AbCoffee continues expansion, now serving Palam Vihar, Gurugram

AbCoffee, a Mumbai-based tech-enabled coffee chain, has unveiled its 41st coffee counter in Gurugram, according to a senior company official's social media post.The latest...

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