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QSR industry sees continued pressure on dine-in channel as delivery platforms gain ground
The quick-service restaurant (QSR) sector is facing a slowdown due to weakened consumer demand and a tough macroeconomic climate. A BNP Paribas India report...
Quick commerce set to drive India’s gross order value to USD 10 Bn by FY26
Quick commerce is on track to revolutionise the Indian retail market, with forecasts suggesting a gross order value of USD 10 billion by FY26,...
Zomato shares surge 7.7% after JP Morgan raises target price to INR 340
Shares of foodtech giant Zomato jumped 7.7% on the BSE today, hitting an intraday peak of INR 261.50 after JP Morgan increased its target...
Wellbeing Nutrition strengthens leadership team with key appointments to accelerate expansion plans
Neutraceutical company Wellbeing Nutrition has named Harleen Bhatti as Vice President of Direct-to-Consumer (D2C) and Kunwarjeet Singh Grover as Head of Growth.͏T͏argetin͏g 100%͏ ͏Yea͏r͏-on͏-͏Yea͏r...
BigBasket to phase out slotted deliveries, merge BBdaily into main app
Tata’s BigBasket plans to merge its BBdaily subscription service with its main app in the next few months to enhance its foothold in the...
ProV Foods unveils premium indulgence series with chocolate-coated almonds
ProV Foods has unveiled the ProV Indulgence series, a premium collection of nut-based snacks that blends sumptuous flavours with the health benefits of nuts....
4700BC partners with Netflix to launch exclusive popcorn variants in India
Snacking brand 4700BC has partnered with OTT platform Netflix to introduce new popcorn variants, marking the first extensive collaboration of its kind in the...
HyFun Foods expands to all major Indian metros, eyes 10% market share by 2025
HyFun Foods has reached a major milestone in its retail expansion by entering all major Indian metropolitan cities, with Kolkata as the latest addition....
Indian whisky market booms as consumers shift towards premiumisation
The Indian scotch whisky market has experienced remarkable growth over the past decade. In 2021-22, the market surged by 60%, marking one of the...
Reliance to inject INR 3,900 Cr into FMCG division to boost market share
Reliance is planning to inject up to INR 3,900 crore into its FMCG division through a combination of equity and debt. This investment is...
Swiggy’s FY24 revenue soars 36% to INR 11,247 Cr; net loss nearly halves to INR 2,350 Cr
Foodtech giant Swiggy has reportedly recorded a 36% revenue growth, reaching INR 11,247 Cr in FY 2023-24, up from INR 8,265 Cr the previous...
Britannia in talks to acquire Guwahati-based Kishlay Foods
Britannia Industries is in talks to acquire a majority stake in Kishlay Foods, a Guwahati-based manufacturer of western and ethnic snacks, biscuits, sweets, potato...