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India set to boost soyoil imports in 2024, palm oil purchases expected to decline
India, the world's biggest importer of vegetable oil, is anticipated to increase its procurement of soyoil in 2024, while purchases of palm oil are...
Digital-first D2C brands intensify brick-and-mortar presence to drive expansion and revenue growth
Last month, Ghazal Alagh, co-founder of Mamaearth, India's leading direct-to-consumer (D2C) brand, shared on social media platform X: 'We continue to strengthen and expand...
Tata Consumer Products eyes further acquisitions after Capital Foods and Organic India deals
After acquiring Capital Foods and Organic India, Tata Consumer Products Limited (TCPL), a fast-moving consumer goods (FMCG) manufacturer, is prepared for further acquisitions. According...
Poultry companies set for 5-6% revenue growth in FY2025, says ICRA
Credit rating agency ICRA expects the revenue growth for its sample set of domestic poultry companies to improve mildly to about 5-6 per cent...
Zomato’s shares reach record high of INR 175.5 amidst bullish market sentiment
Zomato, a major player in the foodtech industry, saw its shares surge to a record peak of INR 175.5 during early trading on the...
FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom
In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...
Safari Industries raises INR 229 Crore in funding from Lighthouse’s AIF, eyes expansion in Indian luggage market
Safari Industries (India), a prominent luggage brand, has raised INR 229 Crore (around $27 million) in fresh funding from the growth-stage venture capital firm...
Ice cream sales soar in Gujarat as summer cravings kick in early: Anticipated to break records this season
Although summer hasn't officially arrived, the craving for a summertime favorite has already taken hold. Ice cream brands are experiencing a surge in sales...
Uttar Pradesh’s dairy sector set for transformation with INR 9,000 Crore investment
In a significant advancement for Uttar Pradesh's dairy sector, projects launched during the groundbreaking ceremony are set to attract investments totaling INR 9,000 crore....
MDH Spices to invest INR 150 Crore in new Ujjain facility, eyes INR 2,000 Crore expansion nationwide
MDH Spices, a leading spice manufacturer, has announced its intention to establish a new manufacturing facility in Ujjain, with an investment of INR 150...
Leisure Hotels Group sets sights on 100 properties by 2030, expands into new markets and concepts
Leisure Hotels Group, which is home to 23 operational properties in its portfolio including the Taj Corbett Resort & Spa and Pilibhit House in...
Flipkart launches UPI handle to elevate digital payment experience for over 500 million users
Flipkart on Sunday announced the launch of its UPI (Unified Payments Interface) handle, aiming to enhance digital payment offerings to all users, including the...