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Bikaji Foods International’s Q4 net profit surges 200% to INR 116.3 Cr
Ethnic snacks manufacturer Bikaji Foods International reported a 200 percent increase in net profit, reaching INR 116.28 crore for the quarter ended March 31,...
Wildcraft India partners with Apparel Group to expand presence across GCC region
Wildcraft India, a renowned outdoor and adventure gear brand, has announced a strategic partnership with the Apparel Group, a prominent fashion and lifestyle retail...
Mamaearth parent Honasa Consumer achieves profitability for full fiscal year FY24
Honasa Consumer Ltd, the overarching company behind the direct-to-consumer brand Mamaearth, reported a net profit of INR 26.71 Cr in the fourth quarter of...
Lulu Group to launch logistics and food processing center in Amritsar
Lulu Group International, a multinational retail corporation, is set to launch a logistics and food processing centre located in Amritsar, Punjab."Our group aims to...
McDonald’s North and East aims for 100+ McCafe stores by year’s end
McDonald’s North and East is set to expand its McCafe stores to over 100 by the end of this year, as stated by Rajeev...
Axis Capital initiates coverage on Zomato with ‘buy’ rating, sets price target of INR 254
Axis Capital, a brokerage firm, has initiated coverage of foodtech giant Zomato with a 'buy' rating, noting that the company provides a "compelling investment...
ITC’s Q4 net profit dips 1.3% to INR 5,020 Cr, final dividend announced
Cigarettes-to-soap major ITC Ltd recorded a standalone net profit of INR 5,020.20 crore in the March 2024 quarter, indicating a 1.3 percent decrease year-on-year...
Virat Kohli-backed One8 Commune to expand with INR 35 Cr investment, doubling outlets by FY25; eyes international expansion
Virat Kohli-backed restaurant chain, One8 Commune, is planning to invest approximately INR 35 crore to more than double its outlets by FY25, as shared...
FY24 marked by milestones and growth for Tata Consumer Products, says Chairman N Chandrasekaran
Tata Consumer has finalized the merger of Tata Coffee and has made substantial strides in streamlining its international legal entities. Additionally, the integration of...
Tea brand Freshleaf secures INR 1 Cr seed funding from Inflection Point Ventures to fuel expansion and innovation
Freshleaf, a premium tea brand, has secured INR 1 crore in a seed round led by Inflection Point Ventures.The newly acquired funds will be...
Indian hospitality sector sees 11.4% YoY RevPAR growth in Q1 2024: JLL Report
The hospitality industry in India saw another year of steady growth in the performance during the January-March quarter of this year. This was largely...
PoloQueen taps Bollywood actor Raveena Tandon as brand ambassador for kitchen essentials line
FMCG firm PoloQueen Industrial and Fintech Ltd. has enlisted Bollywood star Raveena Tandon as the face of its kitchen essentials line.The collaboration aims to...