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Amazon India unveils AI chatbot Rufus ahead of Great Indian Festival sale
Ahead of its annual Great Indian Festival sale, e-commerce giant Amazon India has unveiled Rufus,͏͏ a͏͏ generative͏͏ AI-powered͏͏ conversational͏͏ shopping͏͏ chatbot.The͏͏ company͏͏ aims͏͏ to͏͏...
Amazon’s home, kitchen, and outdoors category sees 25-27% CAGR over three years
The Home, Kitchen, and Outdoors category at Amazon India has͏͏ seen͏͏ a͏͏ 3-year͏͏ compound͏͏ annual͏͏ growth͏͏ rate͏͏ (CAGR)͏͏ of͏͏ 25-27%,͏͏ according͏͏ to͏͏ K.N. Srikanth,͏͏...
Indian Culinary Forum to host 21st Annual Chef Awards celebrating culinary excellence
The Indian Culinary Forum (ICF), an association of professional chefs in India, will host the 21st Annual Chef Awards,͏͏ a͏͏ prestigious͏͏ celebration͏͏ of͏͏ culinary͏͏...
India’s ready-made garment exports surge 12% in August to USD 1.26 Bn
India's ready-made garment exports (RMG) increased͏͏ by͏͏ approximately͏͏ 12%͏͏ in͏͏ August,͏͏ reaching͏͏ USD͏͏ 1.26͏͏ billion,͏͏ according͏͏ to͏͏ data͏͏ from͏͏ the͏͏ commerce͏͏ ministry.͏͏ For͏͏ the͏͏...
OYO acquires US chain Motel 6 in $525 Mn deal, eyes global expansion
Motel 6, the iconic budget hotel chain known for its long-standing presence along U.S. highways, is set to be acquired by OYO, an Indian...
Feastary Hospitality secures master Franchise for TGI Fridays in North India, plans revival with INR 50 Cr investment
Feastary Hospitality, a mid-sized hospitality company, has secured the master franchise rights for the global casual dining chain TGI Fridays in͏͏ North͏͏ India.͏͏ This͏͏...
BlueStone’s FY24 revenue surpasses INR 1,000 Cr, loss narrows 15% to INR 142.2 Cr
Omnichannel jewellery brand Bluestone reduced͏͏ its͏͏ loss͏͏ by͏͏ nearly͏͏ 15%͏͏ year-on-year͏͏ (YoY)͏͏ to͏͏ INR͏͏ 142.2͏͏ Cr͏͏ in͏͏ the͏͏ financial͏͏ year͏͏ 2023-24͏͏ (FY24),͏͏ while͏͏ its͏͏...
Heritage Foods targets INR 700 Cr revenue from ice cream business in next 5 years
Heritage Foods Ltd. aims to boost its ice cream business revenue͏͏ to͏͏ INR͏͏ 700͏͏ crore͏͏ over͏͏ the͏͏ next͏͏ five͏͏ years,͏͏ according͏͏ to͏͏ CEO͏͏ Srideep...
Gold jewellery demand set to rise with 18% volume growth anticipated, says Nuvama Report
India's jewellery market is experiencing a shift in buying trends,͏͏ with͏͏ a͏͏ broader͏͏ range͏͏ of͏͏ customers͏͏ driving͏͏ demand͏͏ in͏͏ the͏͏ second͏͏ quarter͏͏ of͏͏ 2024.Increased͏͏...
Men’s fashion brand Snitch expands retail footprint with 24th store launch in Indore
Snitch,͏͏ a͏͏ leading͏͏ men's͏͏ fashion͏͏ brand͏͏ in͏͏ India,͏͏ has͏͏ bolstered͏͏ its͏͏ retail͏͏ presence͏͏ with͏͏ the͏͏ launch͏͏ of͏͏ its͏͏ 24th͏͏ store͏͏ in͏͏ Indore.͏͏ Situated͏͏ in͏͏...
Indian basmati industry’s sales to grow 4% to reach record INR 70,000 Cr in FY25
India's basmati industry is expected to achieve year-on-year revenue growth of 4 per cent this fiscal year, reaching͏͏ a͏͏ record͏͏ high͏͏ of͏͏ nearly͏͏ INR͏͏...
Quick commerce giants Blinkit and Zepto pilot efficient returns and exchanges for apparel and lifestyle items
As quick commerce players ramp up their 10-minute delivery of apparel and lifestyle items, they͏͏ are͏͏ set͏͏ on͏͏ resolving͏͏ a͏͏ major͏͏ issue͏͏ in͏͏ online͏͏...