Breaking News
Tipplers embrace local labels as policy maze leaves big brands in limbo
Changes in state liquor policies are leading to an unprecedented shortage of popular brands such as Royal Stag, Budweiser, and Old Monk. This shortage...
IHCL continues expansion in Indore with fifth hotel signing
Indian Hotels Company (IHCL) has announced the signing of a fresh hotel venture in Indore, Madhya Pradesh. This brownfield project will bear the Vivanta...
Plant-based specialty products firm Sanstar receives Sebi approval for IPO launch, plans to raise up to INR 500 Cr
Sanstar Ltd, a company specializing in plant-based products, has been granted approval by Sebi to launch its initial public offering, as revealed in an...
Agritech startup Cornext secures $2.2M seed funding to fuel growth in silage production and dairy operations
Cornext, an agritech startup, secured $2.2 million (around INR 18.3 crore) in seed funding from Omnivore.The startup, headquartered in Hyderabad, plans to utilize the...
Agritech startup BharatRohan secures $2.3 Mn in pre-IPO round
BharatRohan, a Gurugram-based agritech startup, has raised $2.3 million (INR 19.2 crore) from Villgro Innovation Foundation, Caspian, RevX, and Venture Garage as part of...
Rural markets outpace urban consumption in FMCG growth for the first time in five quarters: NielsenIQ Report
In the January-March ’24 quarter, rural markets surpassed urban consumption in the growth of packaged consumer goods for the first time in five quarters,...
Hershey India marks entry into value-molded chocolate sub-segment with Choco Delights launch
Hershey India Pvt Ltd, a prominent global snacking and confectionery company, has unveiled Choco Delights—a delectable milk chocolate bar with a delightful crunch. This...
THSC successfully concludes track 2 of IndiaSkills 2024 Hospitality Competitions
The Tourism & Hospitality Skill Council (THSC) is delighted to announce the successful completion of Track 2 in the IndiaSkills 2024 Hospitality Competitions, held...
Marico sets sights on doubling foods portfolio by FY27
Marico Limited aims to double the size of its foods portfolio by FY27. Additionally, it anticipates that the domestic revenue share from both its...
FMCG firms eye volume growth rebound in FY25 with hopes pinned on lower inflation, favorable monsoon
After experiencing sluggish volume growth over the past two years, FMCG companies are now squarely focused on achieving volume growth recovery for FY25. They're...
BAT to stay off ITC Hotels’ board amid demerger plans
ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to...
FMCG giant Godrej Consumer Products reports INR 1,893 Crore net loss in Q4
Godrej Consumer Products (GCPL) recorded a consolidated net loss of INR 1,893 crore for the quarter ended March 31, 2024, compared to a net...