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Thailand implements tax cuts on alcoholic beverages and nightclubs in bid to boost tourism
Thailand has announced yet another measure to boost tourism in the country. The cabinet of Thailand has given the green light to a tax...
Myntra’s net loss jumps 31% to INR 782 Crores in FY23, sales touch INR 4,375 Crores
Flipkart-owned fashion ecommerce marketplace Myntra experienced a notable increase in its net loss, soaring over 30% in the financial year concluded on March 31,...
French dairy giant Danone sells US organic dairy assets to Platinum Equity
French dairy conglomerate Danone has offloaded its US-based Horizon Organic and Wallaby units to the local investment firm Platinum Equity for an undisclosed sum.The...
Steakholder Foods introduces world’s first plant-based 3D-printed eel, paving the way for sustainable seafood innovation
Steakholder Foods, an Israeli company specializing in cultivated meat products, has unveiled what it asserts to be "the world's first" plant-based 3D-printed eel.As per...
Roastery Coffee House enters Finland, marking a historic milestone as India’s first coffee brand in the European continent
Established in 2017 as a Specialty Coffee Roaster in Hyderabad with the aim of nurturing coffee culture and uniting coffee enthusiasts, Roastery Coffee House...
Arrow redefines shopping experience with fresh identity stores
Arrow, the American men's fashion brand, has unveiled its latest store identity, showcasing a significant transformation in aesthetics, density, and overall allure, as highlighted...
Rising competition spurs FMCG firms to strengthen rural distribution networks
Major FMCG companies are intensifying their focus on direct distribution in rural markets, especially when rural consumption trends continue to trail behind urban consumption....
Mumbai grapples with milk shortage as truckers’ strike disrupts supply lines
Residents of Mumbai faced a shortage of milk on the second day of a truckers' strike. Thousands of trucks carrying chilled milk were unable...
Apparel retail sector is likely to face another quarter of slowdown: ICICI Securities Report
Apparel retail sector is anticipated to undergo another quarter of slowdown, with the majority of establishments reporting flat to low single-digit growth in same-store...
Hindustan Unilever faces INR 447.5 Crore GST demands and penalties from five states
Hindustan Unilever Ltd, a leading FMCG manufacturer, has received GST demands and penalties totaling INR 447.5 crore from authorities in five states. In a...
Keeros Superfoods grabs spotlight as PM Modi lauds startup’s impact on lifestyle health
Addressing the nation on the 108th episode of the popular program "Mann Ki Baat" on Akashvani on Sunday, Prime Minister Narendra Modi discussed the...
India’s apparel exports on the rise: CMAI forecasts 10-15% YoY growth in UAE market
Indian apparel exporters, known for their proficiency in white label manufacturing for global brands, are now redirecting their efforts towards promoting Indian national and...