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FirstCry adjusts IPO fund allocation strategy, prioritizing overseas expansion, acquisitions, and other growth initiatives
FirstCry, a kids-focused omnichannel retailer, has made slight changes in the way it plans to utilize the capital raised from the fresh issuance of...
Godrej Family splits group amicably: Adi-Nadir to control listed entities, Jamshyd Godrej to oversee Godrej Enterprises
Following years of negotiations, the Godrej family announced a family settlement. In this arrangement, Adi Godrej and Nadir Godrej will take charge of the...
Coca-Cola rakes in $290 Million from India by divesting bottling operations in Jan-Mar quarter
The Coca-Cola Company, a leading global player in soft drinks, has generated USD 290 million (around INR 2,420 crore) from India in the March...
Mineral water brand Mount Kailash appoints Pallavi Saha as CEO
Packaged mineral water brand Mount Kailash has appointed Pallavi Saha as its new chief executive officer.Saha recently took on the role to support the...
Zomato receives approval to liquidate Indonesian subsidiary
Zomato, the foodtech giant, has received approval from the Indonesian government to liquidate its subsidiary in the Southeast Asian country.According to a regulatory filing,...
Licious embarks on offline expansion, plans to open five stores in Bengaluru by June, eyes 500 nationwide in five years
Licious, a renowned brand for premium meats and seafood, is set to open five physical stores in Bengaluru by June. Founders Vivek Gupta and...
Starbucks expands presence in Gujarat with fifth store in Surat, eyes aggressive growth in India
Starbucks, a US-based coffee chain, has opened its fifth store in Surat, as announced by a company official on social media. Positioned on VIP...
IPO-bound FirstCry faces INR 278 Cr loss in nine months of FY24
FirstCry, a kids-focused omnichannel retailer, recorded a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial...
IHCL aims for double-digit growth, eyes international expansion in FY25
Tata group-backed Indian Hotels Company (IHCL) has set its sights on achieving double-digit topline growth this fiscal year. With aspirations to unveil 25-30 new...
FirstCry refiles DRHP following SEBI review; IPO offer unchanged
FirstCry, the Pune-based omnichannel marketplace, has refiled its draft red herring prospectus (DRHP) after the Securities and Exchange Board of India (SEBI) stated that...
Now, Australia examining contamination allegations against MDH and Everest spice mixes, potential recall looms
Food Standards Australia New Zealand (FSANZ) said that it is examining allegations of contamination involving spice mixes produced by Indian companies MDH and Everest....
Intense competition dents profits: Gillette India’s Q3 earnings dip by nearly 4%
Gillette India saw a nearly 4% decline in third-quarter profits due to intense competition in the domestic market, which subdued demand.Gillette India, renowned for...