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FMCG companies boost production of affordable snacks and beverages ahead of general elections, anticipating surge in demand
Consumer goods companies are ramping up their inventory of small packs of biscuits, bhujias, chips, packaged water, and beverages priced at INR 5 and...
Surplus in global tea market to impact Indian tea prices and exports
The global tea market is facing a surplus of 100 million kilograms of tea, which could have repercussions on Indian tea prices and exports...
United Spirits hit with INR 4.47 Crore tax demand by Maharashtra State Authorities
Liquor maker United Spirits, now Diageo India, on Wednesday said it has received a tax demand of INR 4.47 crore from the Maharashtra state...
Flipkart challenges Zepto and Blinkit with quick commerce expansion
The quick commerce sector is all set to heat up once again as India’s e-commerce giant is now eyeing the segment. Flipkart has started...
From scoops to sundaes: Ice cream sales set to soar 15-20% this summer
Sales of ice creams and dairy products are set to see a notable uptick this summer, with a projected 15-20% increase on the horizon...
ITC’s emphasis on premium products propels personal care business, doubles sales contribution to 38%
Premium products in the personal care business at ITC have seen a significant surge in contribution to sales, doubling in the last four years...
Parineeti Chopra-backed personal care startup Clensta hits INR 100 Crore annual run rate, aims for INR 1,000 Crore milestone in three years
Clensta, a personal care products start-up backed by actress Parineeti Chopra, has reached an annual run rate (ARR) of INR 100 crore in FY24,...
Antfin Singapore divests 2% stake in Zomato via bulk deals worth INR 2,827 Cr
Antfin Singapore, a subsidiary of the Chinese tech giant Ant Group, divested a 2% stake in foodtech major Zomato via bulk deals for INR...
Westside to amp up beauty portfolio and strengthen e-commerce presence
Westside, a retail establishment under Tata's Trent, is poised to broaden its beauty offerings while simultaneously boosting its presence in the e-commerce sphere, according...
Patanjali Ayurved teams up with Ongo to launch open-loop co-branded prepaid cards
Patanjali Ayurved Ltd., a Haridwar-based multinational conglomerate, has collaborated with New Delhi-based digital payments brand Ongo to introduce open-loop co-branded prepaid cards, as announced...
Gopal Snacks IPO subscribed 56% on first day; retail investors lead with 88% subscription
The initial public offer of Gopal Snacks was subscribed 56 per cent on the first day of bidding on Wednesday.The Initial Public Offer (IPO)...
French-American beauty giant Laura Mercier makes grand entrance into Indian market with Mumbai store debut
Laura Mercier, the renowned French-American cosmetics and skincare brand, has made its entry into the Indian market with the unveiling of its first retail...