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Liquor companies pin hopes on second half after sluggish Q1 sales
Liquor demand in India stayed steady, but brandy and rum consumption dropped in the June quarter due to a high base, election-related supply chain...
Zappfresh bolsters portfolio with acquisition of online meat & seafood delivery brand Bonsaro
Zappfresh, the Delhi NCR-based meat delivery startup, has acquired Mumbai's online meat and seafood delivery brand Bonsaro in an all-cash deal.Th͏e c͏ompa͏n͏y, howe͏ver, ͏di͏d͏...
Shiprocket launches D2C marketplace Zop to boost visibility for emerging brands
Shiprocket, the Delhi-NCR based logistics tech unicorn, is piloting a new D2C marketplace named Zop. Launched a few weeks ago, Zop hosts 200-300 brands...
Retailers and QSRs cut 26,000 jobs in FY24 as expansion slows
Around a dozen listed lifestyle, grocery retailers, and quick-service restaurants (QSRs) cut nearly 26,000 jobs in FY24, scaling back from the hiring surge of...
Small to mid-sized global cafe chains surge in India as large players struggle with declining sales
In the past two quarters, nearly a dozen small to mid-sized global cafe and restaurant brands have either launched in India or are in...
Pernod Ricard India bets big on premiumisation, targets 3x revenue growth with new whisky launches
Pernod Ricard India, the country’s second-largest distiller, aims to triple its revenue over the next decade by focusing on premiumisation and innovation. This strategy...
Luxury chocolate brand Smoor plans major expansion with 50+ new stores in tier-2 cities
Luxury chocolate brand Smoor aims to launch over 50 new stores within the next two years, targeting tier-2 cities with high growth potential. Cities...
FMCG companies expect volume growth to sustain amid rising rural demand
FMCG companies anticipate continued volume growth in the coming quarters, driven by demand recovery in rural areas and a favourable monsoon, despite rising food...
Nearly 12% of Indian spice samples fail quality tests amid contamination concerns
Nearly 12% of spice samples tested by Indian authorities failed to meet quality and safety standards, according to Reuters data. Th͏is testing f͏oll͏owed contamination...
Gold sales surge 50% this Rakshabandhan as import duty cut lowers prices
Indian consumers have purchased more gold this Rakshabandhan, drawn by the reduced domestic prices following the budget's import duty cut.͏͏A p͏reli͏minar͏y ind͏ustr͏y ev͏al͏uat͏i͏on indi͏cates...
Quick commerce giants Blinkit, Swiggy Instamart, Zepto hit all-time highs in sales during Raksha Bandhan
Blinkit, Zepto, and Swiggy Instamart, the key players in India's quick commerce sector, have recently reported impressive sales figures and milestones during Raksha Bandhan....
Zomato to remove AI-generated food images following customer complaints
After numerous complaints from customers about AI-generated food and dish images on Zomato, CEO Deepinder Goyal a͏nnou͏nced ͏o͏n Sund͏ay t͏hat the ͏plat͏form will͏ r͏e͏m͏o͏ve...