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Karnataka govt to revise liquor duty rates to bolster revenue and curb trade diversion
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
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
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
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
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
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
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
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
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
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...
OYO executives hold talks with SEBI to expedite IPO approval process
According to reports, the lead bankers and senior executives of hospitality unicorn OYO have met with officials from the Securities and Exchange Board of...
Chef Harpal Singh Sokhi’s Karigari makes debut in South India with Bengaluru launch
Celebrity chef Harpal Singh Sokhi's renowned fine-dining restaurant chain, Karigari has entered South India with the opening of its latest outlet in Bengaluru. According...