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FMCG companies to face muted demand in June quarter, recovery likely in H2
The demand for daily groceries, essentials, and household products is expected to be muted in the current quarter, according to global research firm Kantar....
Fynd set to launch buyer app on ONDC, plans to onboard 500 brands on seller app
Fynd, the omnichannel retail platform, is expanding its footprint on the Open Network for Digital Commerce (ONDC). Having unveiled its fashion-centric seller app in...
Zomato’s subsidiary auditor resigns, Deloitte to step in
Zomato, the foodtech giant, has stated that the auditors for its subsidiaries Zomato Hyperpure and Blink Commerce have resigned with immediate effect, allowing the...
Packaged food label claims could be misleading and incomplete: ICMR
The Indian Council of Medical Research (ICMR) has highlighted that food labels on packaged items can be misleading, emphasizing the importance for consumers to...
Restaurants and food aggregators hit all-time highs on Mother’s Day
Restaurant owners across all formats, be it fine dining, casual dining, or food aggregator platforms, reported an unprecedented surge in diners on Mother's Day,...
Marico eyes strategic acquisitions to boost business in South Asian markets
Marico Ltd, a leading player in fast-moving consumer goods (FMCG), is actively exploring acquisitions in South Asia to bolster its growth strategy in the...
McDonald’s mandates US franchisees to contribute to digital marketing fund
McDonald's will introduce a requirement for its US franchisees to contribute to a new digital marketing fund from 2025 onwards, as reported by CNBC....
Krispy Kreme posts Q1 2024 loss despite revenue surge
Krispy Kreme, the renowned American doughnut and coffeehouse chain, has reported a net loss of $6.7 million for the first quarter (Q1) of 2024,...
Gordon Ramsay, Fox to launch food brand & entertainment platform ‘Bite’
Gordon Ramsay and Fox Entertainment have collaborated to introduce Bite, a dynamic brand blending food and entertainment, showcasing culinary delights, lifestyle content, and an...
D2C sneaker brand Comet in advanced talks with Elevation Capital and Nexus Venture Partners for Series A funding
Comet, a Bengaluru-based direct-to-consumer (D2C) sneaker brand, is currently in advanced discussions with Elevation Capital and Nexus Venture Partners to raise Series A funding,...
From sparkling wines to spa treatments: Indian hotels roll out deluxe offers for business travelers
The Courtyard by Marriott Aravali Resort is embracing #BusinessNotasUsual, rolling out exclusive offers tailored for its esteemed corporate clients. Meanwhile, the Four Seasons Mumbai...
Spices Board issues comprehensive guidelines to curb ethylene oxide contamination in Indian spice exports
The Spices Board has issued detailed guidelines for exporters to mitigate the risk of ethylene oxide (EtO) contamination in products exported from India. This...