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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...
Malaysia’s Union Artisan Coffee enters Indian market, opens first cafe in Delhi’s Worldmark, Aerocity
Union Artisan Coffee, the renowned artisanal coffee chain from Malaysia, has unveiled its first café in India, situated in the prestigious locale of Worldmark,...
Bacardi India appoints Sameeksha Uniyal as regional brand head for AMEA
In a bid to amplify business growth in the region, Bacardi India Private Limited has elevated Sameeksha Uniyal to the position of regional head...
Plant-based milk brand OatMIK sees 21x revenue surge, eyes global expansion
OatMIK, a plant-based milk brand, is charting a path for growth by prioritizing four key avenues: target groups, geographical locations, distribution channels, and product...
Nestle India sets sights on 6 Million touchpoints, focusing on volume growth
Nestle India is intensifying its efforts to boost volume growth in the face of an inflationary market. The company has announced plans to further...
Bisleri International collaborates with Gauri Khan to launch limited edition sparkling water
Bisleri International, the packaged drinking water company, has teamed up with Indian film producer and fashion designer Gauri Khan to introduce a special limited-edition...
ICICI Securities initiates coverage on Honasa Consumer with ‘BUY’ rating, anticipates 28% upside
ICICI Securities, a brokerage firm, has initiated coverage on Honasa Consumer Ltd, the parent company of D2C unicorn mamaearth, with a 'BUY' rating and...
Nestle India MD Suresh Narayanan addresses sugar controversy: ‘No harm to children’
On Monday, Suresh Narayanan, Chairman & Managing Director of Nestle India, emphasized that the formulation of the company's infant food for children under 18...