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Mamaearth parent Honasa Consumer achieves profitability for full fiscal year FY24
Honasa Consumer Ltd, the overarching company behind the direct-to-consumer brand Mamaearth, reported a net profit of INR 26.71 Cr in the fourth quarter of...
Haircare brand Fix My Curls secures seed funding from Amazon Fund, others
Fix My Curls, a haircare brand, has secured an undisclosed sum in a seed funding round spearheaded by Amazon’s small and medium businesses-focused venture...
Lulu Group to launch logistics and food processing center in Amritsar
Lulu Group International, a multinational retail corporation, is set to launch a logistics and food processing centre located in Amritsar, Punjab."Our group aims to...
McDonald’s North and East aims for 100+ McCafe stores by year’s end
McDonald’s North and East is set to expand its McCafe stores to over 100 by the end of this year, as stated by Rajeev...
Axis Capital initiates coverage on Zomato with ‘buy’ rating, sets price target of INR 254
Axis Capital, a brokerage firm, has initiated coverage of foodtech giant Zomato with a 'buy' rating, noting that the company provides a "compelling investment...
Arvind Fashions Q4 net profit rises to INR 39.7 Cr, revenue grows 3.6% to INR 1,094 Cr
Arvind Fashions, a prominent player in the casual and denim sector,has reported a 39.09 percent increase in consolidated net profit to INR 39.67 crore...
ITC’s Q4 net profit dips 1.3% to INR 5,020 Cr, final dividend announced
Cigarettes-to-soap major ITC Ltd recorded a standalone net profit of INR 5,020.20 crore in the March 2024 quarter, indicating a 1.3 percent decrease year-on-year...
Virat Kohli-backed One8 Commune to expand with INR 35 Cr investment, doubling outlets by FY25; eyes international expansion
Virat Kohli-backed restaurant chain, One8 Commune, is planning to invest approximately INR 35 crore to more than double its outlets by FY25, as shared...
Organized gold jewellery retailers set for strong revenue growth in FY2025: CRISIL Analysis
Organized gold jewellery retailers are set to achieve a 17-19% year-on-year revenue growth in fiscal 2025, according to a CRISIL Ratings analysis of 54...
FY24 marked by milestones and growth for Tata Consumer Products, says Chairman N Chandrasekaran
Tata Consumer has finalized the merger of Tata Coffee and has made substantial strides in streamlining its international legal entities. Additionally, the integration of...
Tea brand Freshleaf secures INR 1 Cr seed funding from Inflection Point Ventures to fuel expansion and innovation
Freshleaf, a premium tea brand, has secured INR 1 crore in a seed round led by Inflection Point Ventures.The newly acquired funds will be...
Indian hospitality sector sees 11.4% YoY RevPAR growth in Q1 2024: JLL Report
The hospitality industry in India saw another year of steady growth in the performance during the January-March quarter of this year. This was largely...