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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...
Uneven rainfall affected rural demand: Hindustan Unilever chairman Nitin Paranjpe
Hindustan Unilever reported a robust performance in last fiscal year despite facing a challenging macroeconomic environment characterized by erratic rainfall and subdued agricultural output,...
Noida’s Gourmet Jar sizzles with 12% profit surge, gears up for festive season sales frenzy!
Gourmet Jar, a leading artisanal brand based in Noida, has carved a niche in the premium condiments market with its clean-label, all-natural products. Founded...
ITC leverages innovative packaging and product premiumization to elevate customer experience
ITC, a diversified conglomerate, is focusing on enhancing product experience and shelf life while promoting sustainability through innovative packaging. The company is also managing...
Pret A Manger expands footprint in India with new outlet launch in Delhi’s upscale Khan Market
Pret A Manger, the renowned food and organic coffee chain, has unveiled its new outlet in Delhi, as announced in a social media post...
Jubilant Foodworks’ Q4 net profit rises multi-fold to INR 208.24 Cr
Jubilant Foodworks Limited, which owns popular fast-food brands Domino's Pizza and Dunkin' Donuts, reported a multi-fold increase in consolidated net profit to INR 208.24...
SoftBank-backed hospitality giant OYO withdraws IPO documents, shifts focus to $450M bond sale
OYO, a Delhi NCR-based hospitality unicorn, has officially withdrawn its IPO (initial public offering) documents from the market regulator SEBI. According to the SEBI...