Friday, December 27, 2024

Industry

Zomato expands ESOP pool, allocates 1.2 Cr stock options to employees

Foodtech giant Zomato has increased the size of its employee stock option plan (ESOP) by allocating nearly 1.2 crore stock options to eligible employees.In͏͏...

Levi Strauss explores sale of Dockers brand following revenue miss

Levi Strauss is mulling the sale of its underperforming Dockers brand, known for its chinos and khaki apparel.Shares͏͏ of͏͏ the͏͏ denim͏͏ maker͏͏ fell͏͏ nearly͏͏...

Gold reaches new high of INR 78,300 on safe-haven buying and festive demand

Gold͏͏ reached͏͏ a͏͏ record͏͏ high͏͏ of͏͏ INR 78,300͏͏ per͏͏ 10͏͏ grams͏͏ on͏͏ Wednesday,͏͏ driven͏͏ by͏͏ safe-haven͏͏ buying͏͏ amid͏͏ escalating͏͏ tensions͏͏ in͏͏ the͏͏ Middle͏͏ East͏͏...

FMCG firms adjust to quick commerce boom, cut distributor sales amid inventory oversupply

India's booming quick commerce sector is prompting fast-moving consumer goods (FMCG) companies to reduce sales to distributors in major cities and manage an oversupply...

Dabur’s beverage segment suffers setback as heavy rainfall affects consumer offtake

With above-normal rainfall being recorded across the country, FMCG giant Dabur announced ahead of its quarterly results for FY25 that its beverage segment has͏͏...

Foot Locker to enter Indian market through Metro Brands and Nykaa

New York-based footwear retailer Foot Locker has teamed up with Metro Brands and Nykaa to enter the Indian market with an omnichannel strategy.Metro Brands...

Kohler enters Hyderabad with first studio in Banjara Hills

American bath and kitchen solutions brand Kohler has launched its first studio in Hyderabad, situated in Banjara Hills.Focus͏͏ on͏͏ the͏͏ South͏͏ Market:"The͏͏ South͏͏ market͏͏...

Biscuits, snacks, and detergents to see price hike as edible oil duty rises by 20%

Prices of biscuits, snacks, detergents, and soaps may rise by 6-7% in the coming quarter following the government's decision to increase the basic customs...

PepsiCo India revamps Lay’s Wafer Chips with new Red Chilli flavour

Inspired by India's love for bold and authentic flavours, Lay's has revitalised its Wafer Chips range with the introduction of a new Red Chilli...

ONDC bolsters fintech play with first mutual fund transaction on its network

As part of its entry into the fintech space, the government-backed Open Network For Digital Commerce (ONDC) facilitated its first mutual fund transaction on...

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