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Binny Bansal’s Three State Ventures fuels OppDoor with $2 Million investment
According to recent regulatory filings in Singapore, Binny Bansal, the founder of Flipkart, has injected nearly $2 million into his latest venture, OppDoor, through...
NourishCo Beverages on track to break even by fiscal end, anticipates revenue of up to INR 1,000 Crore: MD Vikram Grover
NourishCo, the liquid beverage division of Tata Consumer Products Ltd, is set to conclude FY24 with revenues between INR 900 crore to INR 1,000...
FMCG companies and Kirana stores gear up for summer: Dairy and beverage sales spike across India
Cities throughout India are experiencing the onset of the early summer season, marked by intense heat and temperatures surpassing the usual. This seasonal transition...
Punjab cabinet greenlights new excise policy, targets revenue of over INR 10,000 Crore
The Punjab cabinet has approved the excise policy for 2024-25, with the goal of generating revenue of more than INR 10,000 crore from the...
Tasmac issues advisory on alcohol sales ahead of elections: Caution urged against large quantities
Tasmac has advised retail stores against selling alcohol in large quantities, as sales exceeding 30% could draw attention from the election commission during the...
Stone Sapphire India ventures into homeware manufacturing with INR 1,000 Crore investment in Baroda
Stone Sapphire India, a manufacturer of toys and stationery based in New Delhi, plans to invest INR 1,000 crore in establishing a manufacturing facility...
ISWAI calls for inflation-based pricing model to combat shrinking margins in liquor industry
Premium spirits and wine importers' body ISWAI has urged state governments to implement an inflation-based pricing model, highlighting that industry margins have shrunk due...
Fashinza and Virgio to repay investor capital amid business model changes
According to a report by ET, at least two well-funded startups — Fashinza and Virgio — backed by the likes of Accel and Alpha...
BigBasket and Flipkart accelerate delivery services to compete with quick-commerce rivals
Over the last two months, both BigBasket, an online grocer, and Flipkart, a leading ecommerce platform, have streamlined their delivery processes. This move comes...
Telangana plans to curb home delivery of liquor, authorities set to enforce stricter regulations
With the emergence of numerous mobile apps and individuals providing liquor delivery services to entice customers, the Telangana Prohibition and Excise Department is mobilizing...
JDE Peet’s CEO Fabien Simon set to leave company in April
Fabien Simon, the CEO of leading coffee company JDE Peet’s, will depart from the company next month.The Jacobs coffee maker announced that Simon, who...
Amrut unveils exclusive Bagheera and Portonova whiskies in Gurgaon market
Amrut Distilleries, renowned as the trailblazer of Indian single malt whisky, marks its illustrious 75-year journey in the industry with the exciting release of...