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Jagatjit Industries in advanced talks to secure INR 300 Cr for expansion and debt repayment
IMFL maker Jagatjit Industries is currently in talks to secure approximately INR 300 crore in an equity deal. This funding is intended to retire...
Kedaara Capital invests in Dairy Day ice creams as Motilal Oswal PE makes exit
Homegrown PE fund Kedaara Capital is set to invest in Dairy Classic Ice Creams (Dairy Day), a leading ice cream brand in South India....
Gruhas Gusto kicks off its first cohort with 7 exciting start-ups selected for accelerator program
Gruhas, Jubilant Bhartia Family Office, DLF Family Office, and Anthill Ventures have come together to announce the unveiling of the first cohort of Gruhas...
Jack Daniel’s maker, Brown-Forman, appoints Gaurav Sabharwal as MD for India and South Asia
Brown-Forman Corporation, renowned for producing Jack Daniel’s Tennessee whiskey, has appointed Gaurav Sabharwal as its new managing director for India and South Asia.Based out...
Central Consumer Protection Authority cracks down on liquor brands for violating surrogate advertising regulations
Following the discovery of several instances of liquor brands violating surrogate advertising regulations, the Central Consumer Protection Authority (CCPA) has called upon companies to...
FMCG stocks plunge as sectoral index drops 1.9%: Nestle, Colgate Palmolive lead losses
Fast Moving Consumer Goods (FMCG) stocks are trading weak on Tuesday with the sectoral index down 1.9 per cent.FMCG index is among the top...
Delhi govt extends existing excise policy for fiscal year 2024-25
The Delhi government has extended its prevailing excise duty based policy for the coming financial year 2024-25, officials on Monday said.The competent authority has...
Kadamba single-malt whisky shines on global stage, named ‘Emerging Brand of the Year’ by Ambrosia Magazine
In a significant milestone highlighting India’s growing presence in the global spirits industry, Kadamba Single-Malt Whisky has secured prestigious accolades from three of the...
Indian alcoholic beverages industry set for margin improvement and sales surge in FY2025: ICRA
The Indian alcoholic beverages industry is set for margin improvement and higher sales in the fiscal year 2025, as reported by ICRA, a credit...
Unfazed by the return to normalcy: Online commerce continues to surge post-Covid era
Contrary to expectations, the lifting of Covid-era mobility restrictions and the return to regular business hours for brick-and-mortar stores haven't put a damper on...
Fashion, grocery, and general merchandise to dominate two-thirds of Indian e-commerce market by 2027: Nykaa CEO Falguni Nayar
Beauty and lifestyle e-commerce platform Nykaa's CEO and founder, Falguni Nayar, has stated that by 2027, fashion, general merchandise, and groceries will collectively constitute...
Blinkit to outgrow Zomato within a year, says CEO Deepinder Goyal
Zomato Co-Founder and chief executive Deepinder Goyal stated on Monday that the company’s quick-commerce platform Blinkit will outgrow its mainstay food-delivery business within a...