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ONDC facilitates 7.22 Million transactions in April, onboards over 5 Lakh sellers
The government-backed Open Network for Digital Commerce (ONDC) has facilitated 7.22 million transactions in April and onboarded over 5 lakh sellers, as reported by...
Oyo to resubmit IPO papers following $450 Million refinancing for Term Loan B
Oyo, a SoftBank-backed hospitality and travel-tech firm, is reportedly preparing to refile the draft papers for its much-anticipated initial public offering (IPO) as the...
Plain gold jewellery exports surge by 27.45% to $342.27 Million in April 2024
The export of plain gold jewellery has seen a remarkable surge, climbing by 27.45% to reach USD 342.27 million in April 2024, compared to...
IHCL to launch over 50 new hotels in next two years
Indian Hotels Company Ltd (IHCL) is set to continue its expansion drive, with plans to open over 50 hotels across its various brands in...
Nestle India shareholders reject proposal to increase royalty payments to Swiss parent company
Shareholders of Nestle India have rejected a proposal to raise royalty payments to Nestle SA, the parent company of the packaged foods maker.Nestle India...
Top luggage manufacturers see slower growth in Q4
Samsonite, Safari, and VIP Industries, renowned luggage manufacturers, experienced a notable decrease in their growth rates during the March quarter. This decline can be...
As IPL playoffs heat up, bars and pubs become hotspots amid sweltering heatwave
As the Indian Premier League (IPL) reaches its playoff (elimination) stage, bars, pubs, and cafes are seizing the opportunity to attract fans. With a...
LT Foods records 14% surge in Q4 net profit, driven by strong sales growth
LT Foods, the parent company of the renowned basmati rice labels 'Daawat' and 'Royal', reported a 14 percent jump in consolidated net profit at...
Subko Coffee Roasters reports 94% surge in sales to INR 13.5 Cr in FY23
Subko Coffee Roasters, a Mumbai-based specialty coffee and craft-baked goods brand, reported sales of INR 13.5 Cr in the financial year ended March 31,...
Bars and pubs in Gurgaon can now only operate till midnight
With alcohol prices rising at shops, bars, and pubs, and bar closing times reduced from 2 AM to midnight for those with a base...
IBF to inaugurate Delhi/NCR Chapter, spearheading business networking in bakery industry
The Indian Bakers Federation (IBF) has announced the inauguration of its Delhi/NCR/NCR Chapter, scheduled for May 18th, 2024, in New Delhi. This event signifies...
Uber to acquire Foodpanda’s Taiwan business for $950 Million
Uber Technologies has announced that it will be acquiring Delivery Hero's Foodpanda delivery business in Taiwan for $950 million in cash.Pending regulatory approval and...