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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...
Kerala govt mulls scrapping ‘dry days’ to revitalize beverage sector and tourism
The Kerala government is considering putting an end to the 'dry days' tradition observed in the state on the first day of each month,...
HUL expects surge in FMCG demand, rules out short-term price hike
Hindustan Unilever (HUL), a prominent FMCG manufacturer, anticipates a gradual increase in overall demand without any imminent price hikes in the near future, according...
Swiggy gets green light from shareholders for $1.2 Billion IPO
Foodtech giant Swiggy has secured approval from its shareholders for its initial public offering (IPO), as disclosed in regulatory filings. The company intends to...
Hindustan Unilever rebrands Horlicks as ‘functional nutritional drink,’ drops ‘health’ label amid regulatory changes
In response to recent regulatory shifts in the health drinks sector, Hindustan Unilever (HUL) executed a notable rebranding strategy. The company has opted to...
India to enforce compulsory ETO testing for spice exports to Hong Kong and Singapore
The government on Wednesday said that it will implement mandatory testing for ethylene oxide (ETO) contamination in its spice exports to Singapore and Hong...
Lucky Chan expands its presence in Bengaluru with third outlet at South Forum Mall
Lucky Chan has opened its third outlet, strategically positioned in the bustling Forum South Bangalore mall. This expansion stands as a pivotal moment for...
Zomato tests priority deliveries in Bengaluru, Mumbai with extra charges
Continuing its streak of experiments, foodtech major Zomato is now testing a new feature in parts of Bengaluru and Mumbai that offers priority deliveries...
Hindustan Unilever’s net profit dips 1.53% to INR 2,561 Crore in Q4 FY24
FMCG giant Hindustan Unilever Ltd (HUL) has reported a 1.53% decline in consolidated net profit to INR 2,561 crore for the fourth quarter ending...