Industry

FirstCry set to withdraw DRHP, to refile IPO papers with Q3 FY24 figures

Firstcry, a kid-focused omnichannel retailer, is reportedly planning to withdraw its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of...

CCPA asks quick commerce giants for proof of ’10-minute’ delivery claims

The Central Consumer Protection Authority (CCPA) has reportedly directed quick commerce players Blinkit, Swiggy Instamart, Zepto, and Big Basket (BB Now) to provide evidence...

ITC to expand hospitality footprint overseas, eyes neighbouring markets and Middle East

ITC, a diversified conglomerate, plans to expand its presence in the hospitality sector by venturing into more overseas markets, particularly in neighbouring countries and...

Nestlé brings Nespresso to Indian market, customers to enjoy full selection by late 2024

Responding to the rising consumer demand for high-quality portioned coffees, Nestlé has announced the launch of Nespresso in India. With the goal of expanding...

McDonald’s makes a comeback at East Delhi Mall with a fresh look and enhanced dining experience

McDonald's has unveiled its revamped outlet at East Delhi Mall in Ghaziabad, Uttar Pradesh, boasting a brand-new appearance.The restaurant underwent closure for renovation, aiming...

Nestle and Dr. Reddy’s announce joint venture for nutraceutical brands in India

Nestle India and Dr. Reddy’s have officially inked a deal to establish a joint venture (JV), aiming to introduce cutting-edge nutraceutical brands to consumers...

Lenskart set to secure $200 Million funding from Temasek, Fidelity

Singapore's state investment firm Temasek and US-based Fidelity are in the last stages of negotiations to inject approximately $200 million into Lenskart via a...

FSSAI collecting pan-India samples of Nestle’s Cerelac baby cereals: CEO

On Thursday, the Food Safety and Standards Authority of India (FSSAI) stated that it is currently collecting samples of Nestle’s Cerelac baby cereals from...

Boldfit teams up with Royal Challengers Bengaluru as exclusive fitness equipment partner

Boldfit, a renowned brand specializing in fitness apparel, supplements, and equipment, has officially partnered as the exclusive provider of fitness equipment for Royal Challengers...

Nestle raises concerns over surging coffee and cocoa prices, expects milk prices to follow suit

Nestle, the largest packaged food company globally, stated that commodity prices are encountering unparalleled challenges in both coffee and cocoa, with prices reaching all-time...

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