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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...
IHG Hotels & Resorts set to double presence in India, aiming for 100 operating hotels in five years
IHG Hotels & Resorts plans to double its presence in India in the next five years, aiming to have 100 operating hotels by then.In...
Furniture brand Ouchcart aims for INR 30 Crore revenue in FY25, eyeing 200% growth from previous fiscal
Ouchcart, a UP-based home decor and furnishing brand, has set its sights on achieving INR 30 crore in revenue for the financial year (FY)...
PhonePe’s Pincode streamlines e-commerce strategy, exits non-food categories on ONDC network
Walmart-backed PhonePe is revamping its ecommerce strategy on the Open Network for Digital Commerce (ONDC). It is discontinuing several categories such as fashion, grocery,...
Pet nutrition brand Royal Canin boosts presence in India with new packaging center in Bhiwandi
Mars-owned pet nutrition brand Royal Canin has opened its new packaging center in Bhiwandi, Maharashtra.This development is the culmination of the Memorandum of Understanding...
BN Group enters wellness and fitness oil category with Nutrica launch, Targets INR 500 Crore revenue in three years
Edible oil manufacturing company BN Group has ventured into the wellness and fitness oil category with the launch of Nutrica, as announced by Anubhav...
PepsiCo India’s snacks segment records double-digit volume growth in Q1 CY24
PepsiCo reported robust performance in India, with the snacks segment experiencing double-digit volume growth in the first quarter of CY24. The company's global quarterly...