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Patanjali Foods’ Q3FY24 net profit falls 19.55% to INR 216.54 crore
Patanjali Foods, an Indian fast-moving consumer goods company, reported a 19.55% decline in its net profit to INR 216.54 crore for the quarter ending...
Nestle India ramps up investments, sets sights on robust growth with INR 6,000-6,500 Crore expansion plan
Nestle, a leading FMCG company, is expanding its manufacturing capabilities and operations in India. According to Suresh Narayanan, the Chairman and Managing Director of...
Apparel brand Bombay Shirt Company raises $3.2 Million in bridge funding round led by Singularity Ventures
Apparel brand Bombay Shirt Company has secured $3.2 million (INR 26.9 crore) in a bridge funding round. Leading the fresh infusion of capital is...
Govt-backed ONDC sees rapid adoption, CEO T. Koshy expects tenfold merchant growth in coming year
On Thursday, Thampy Koshy, the MD & CEO of the government-backed Open Network for Digital Commerce (ONDC), said that the platform currently hosts approximately...
Chef Harpal Singh Sokhi’s Karigari makes debut in South India with Bengaluru launch
Celebrity chef Harpal Singh Sokhi's renowned fine-dining restaurant chain, Karigari has entered South India with the opening of its latest outlet in Bengaluru. According...
ONDC, NCCF, and Shiprocket collaborate to deliver essential household staples directly to homes under ‘Sarkar se Rasoi Tak’ initiative
In a significant move to streamline access to essential household commodities, the Open Network for Digital Commerce (ONDC), the National Cooperative Consumers' Federation of...
Zomato’s B2B vertical Hyperpure sees exponential growth in Q3 FY24, revenue inches closer to INR 1,000 Cr
For years, Zomato has relied heavily on food delivery, with a recent foray into quick commerce. However, alongside these ventures, the company has quietly...
Zomato continues streamlining operations: Completes liquidation of subsidiaries in Vietnam and Czech Republic
Zomato, a leading player in the foodtech sector, has completed the liquidation of its subsidiaries in Vietnam and the Czech Republic.In an exchange filing...
Swiggy faces another high-profile departure as independent director Mallika Srinivasan steps down ahead of IPO
In another top-level exit at Swiggy, the food delivery major's independent director Mallika Srinivasan has stepped down, nearly a year after taking up the...
Blinkit continues growth trajectory with second consecutive quarter of positive contribution
Zomato's quick commerce arm, Blinkit, continued its growth trajectory, maintaining contribution positivity for the second consecutive quarter in the three-month period that ended December...
Zomato reports third consecutive profitable quarter with INR 138 Cr PAT in Q3 FY24
Zomato, a major player in the foodtech sector, announced on Thursday its third successive quarter of profitability. For the December quarter (Q3) of the...
Britannia Industries’ Varun Berry acknowledges rural growth slump amid Q3 FY24 results
After the release of its Q3 FY24 results, Varun Berry, Vice-Chairman and Managing Director of Britannia Industries, informed analysts that rural growth is not...