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DFM Foods diversifies product range with larger pack sizes, targets premiumization strategy for growth
DFM Foods, known for its popular salty snacks brands Crax and Natkhat, has expanded its product range beyond INR 5 packs for the first...
Zomato faces fresh GST penalty: Delhi Tax Authorities demand INR 2.22 Crore
Zomato, a leading player in the foodtech sector, has received a fresh penalty notice for Goods and Services Tax (GST) from Delhi's sales tax...
Centre directs statewide spice quality testing post MDH and Everest controversy
After the recent controversy over food spices exported by India, the central government has directed all state administrations to conduct quality testing on spices.Earlier,...
Nuvama adjusts IndiaMART’s PT downward by 5% to INR 2,650 amid subdued subscriber growth
Nuvama Institutional Equities has adjusted the 12-month price target (PT) for IndiaMart InterMESH downward by 5% to INR 2,650 from its previous INR 2,800,...
Fortune Hotels charts course for rapid expansion, targets new hotel every month in FY25
Fortune Hotels, under the umbrella of ITC's hotel group, is gearing up to launch a new hotel every month in the ongoing financial year,...
Indian alcobev sector set to reach $64 Billion by 2030: ISWAI
The substantial rise in the disposable incomes of Indians has spurred significant growth in the alcobev sector within the country. According to the International...
Adani Wilmar’s Q4 net profit surges 67% YoY to INR 157 Crore; revenue down 5%
Adani Wilmar, a fast-moving consumer goods (FMCG) company, reported a 67% growth in its consolidated net profit to INR 157 crore for the quarter...
India’s diverse market landscape demands tailored state-wise focus, says Heineken CFO
Heineken, the second-largest brewer globally, expressed astonishment at India's accelerating momentum. This isn't limited to the beer sector, where state governments are increasingly adopting...
Cremica Foods eyes INR 500 Crore funding, plans expansion and new product launches
Cremica Foods Ltd, known for its condiments such as mayonnaise and ketchup, is aiming to secure INR 500 crore, which would peg its valuation...
Brookfield explores public listing for The Leela Hotels, initiates talks with bankers
Brookfield Asset Management is planning to list its luxury hotel chain, The Leela Palaces, Hotels & Resorts, and is in talks with bankers for...
Revolutionizing restaurant management with digital solutions, SupplyNote anticipates 4X growth on the back of efficient credit
In the fast-paced world of restaurant management, streamlining processes and embracing technology can make or break success. Kumar Kushang, the Co-Founder of SupplyNote, sits...
IndiaMART’s Q4 profit soars 78% YoY to INR 99.6 Cr, announces INR 20/share dividend
IndiaMART InterMESH, a B2B marketplace, reported an over 78% increase in its consolidated net profit for the quarter ended March 31, 2024 (Q4 FY24),...