Friday, January 2, 2026

Industry

UPI transactions rise 3.6% month-on-month to 14.96 Bn in August

The Unified Payments Interface (UPI) transactions increased by 3.6% month-on-month, rising to 14.96 billion in August from 14.44 billion in July.The number of transactions...

Restaurant sector to rebound after tough Q1: Speciality Restaurants CMD Anjanmoy Chatterjee

The restaurant industry is expected to recover, buoyed by India's strong economic fundamentals, after facing temporary challenges in the first quarter, including high food...

Tata Consumer Products completes merger of three wholly-owned subsidiaries

FMCG giant Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after receiving approval from the NCLT and other regulatory bodies. The...

CaratLane CEO Avnish Anand steps down after nine years with the company

Avnish Anand, co-founder, Managing Director, and CEO of Tata-owned omnichannel jewellery startup CaratLane, has stepped down after a nine-year tenure with the company.In a...

Marks & Spencer appoints Stephen Smy as MD for Indian operations

Marks & Spencer (M&S) has named Stephen Smy as the new Managing Director for its Indian operations, taking over from Ritesh Mishra, who departed...

Zomato faces fresh GST demand notice of INR 3.5 Lakh

Already grappling with a slew of GST notices, foodtech giant Zomato has now received a tax demand and penalty order totalling nearly INR 3.5...

Dunzo lays off 150 employees as financial struggles continue

Struggling hyperlocal delivery platform Dunzo has reportedly laid off 150 employees in a new round of cuts, reducing its workforce to just 50 across...

Gillette India reports 26.4% PAT growth for June quarter, revenue up 4.17%

Gillette India Ltd. has reported a notable 26.4% increase in profit after tax (PAT) for the June quarter, reaching INR 115.97 crore, up from...

Flipkart boosts operations in Uttar Pradesh with two new fulfillment centers

Flipkart, the e-commerce giant, has launched two new fulfillment centers in Uttar Pradesh. The new facilities include a grocery fulfillment centre in Varanasi and...

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