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Wednesday, October 23, 2024

Industry

MEWA 2024 kicks off with Hon’ble Lok Sabha speaker’s inauguration, showcasing India’s potential in nut & dry fruits market

News
MEWA 2024, India's first-of-its-kind two-day exposition, kicks off today with the inauguration of the trade show by Shri. Om Birla, Hon’ble Lok Sabha speaker....

Marriott International and Oberoi Realty partner to elevate Mumbai’s hospitality landscape with flagship hotels

Hotels & Restaurants
Marriott International has partnered with Oberoi Realty Ltd to bring the Marriott Hotels flagship brand and its JW Marriott portfolio to Mumbai. Scheduled to...

Karnataka govt to revise liquor duty rates to bolster revenue and curb trade diversion

News
The Karnataka state government plans to adjust duty rates across the 18 slabs for Indian Made Liquor (IML) to safeguard its revenues and prevent...

Juniper Hotels sets price band for INR 1,800 Crore IPO at INR 342-360 per share; subscription opens Feb 21

Hotels & Restaurants
Luxury hotel developer Juniper Hotels, which runs properties under the Hyatt chain in India, has set the price band for its public issue at...

India’s consumer packaged goods sector saw balanced growth in 2023: Bain & Company Report

News
India's consumer packaged goods (CPG) industry witnessed a balanced growth in 2023, as highlighted by a report from Bain & Company, a prominent global...

Juniper hotels to kick off INR 1,800 Crore IPO on February 21

Hotels & Restaurants
Juniper Hotels, operating hotels under the "Hyatt" brand, has unveiled details regarding its inaugural public offering. The offering, valued at INR 1,800 crore, will...

IHCL expands brand portfolio with Ambuja Neotia Group’s Tree of Life Resorts & Hotels acquisition

Hotels & Restaurants
Tata Group backed Indian Hotels Company Limited (IHCL) has expanded its brand portfolio through a 'strategic alliance' with Kolkata's Ambuja Neotia Group for Tree...

FMCG market growth set to rebound next fiscal year, says Godrej Consumer Products CEO

News
The FMCG market growth rate is expected to improve next fiscal year, according to Sudhir Sitapati, Managing Director and Chief Executive Officer of Godrej...

Agri-fintech startup Ayekart raises $6.5M from Omnivore, Siana Capital, and Unleash Capital

News
Ayekart, an agri-fintech startup, has secured $6.5 million (INR 53 crore) in Series A funding from Omnivore, Siana Capital, and Unleash Capital. Unitus Capital served...

OYO ventures into sports hospitality business, shortlists 100 hotels across 12 cities

Hotels & Restaurants
Hospitality and travel-tech firm OYO on Thursday announced its foray into sports hospitality business shortlisting 100 hotels across 12 key cities, including Delhi, Chennai,...

Karnataka hotels and restaurants lobby for industry status and streamlined licensing procedures ahead of state budget

Budget 2023
As the state Congress regime prepares to unveil its second budget on Friday, hotels and restaurants are lobbying the government for industry status and...

Zomato hits new 52-week high with over 4% surge in shares

News
Continuing its upward momentum following the strong Q3 FY24 earnings, shares of the foodtech giant Zomato surged by as much as 4.59% during Thursday's...
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