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Zomato allots 10.88 Crore equity shares for employee stock options ahead of Q3 FY24 earnings
Foodtech giant Zomato has allocated 10.88 crore equity shares under its multiple employee stock option plans (ESOPs) ahead of its Q3 FY24 earnings.Zomato announced...
Govt eyes stricter regulations as energy drink consumption surges among teens and athletes
As the consumption of caffeinated energy drinks continues to soar, particularly among teenagers, athletes, and gym enthusiasts, the industry is facing scrutiny by the...
IHCL expands presence in Assam with first Ginger Hotel in Dibrugarh
Indian Hotels Company (IHCL), the hospitality firm, recently announced the signing of its first hotel in Dibrugarh, Assam, operating under the Ginger brand.The hotel...
Healthy snack brands see explosive growth amidst health-conscious consumer trend
The burgeoning popularity of health-conscious consumers and the influence of social media personalities are driving explosive growth in healthy snack brands. Nevertheless, expanding these...
HUL announces key management changes: Shiva Krishnamurthy to lead foods and refreshment division
Hindustan Unilever Limited (HUL), a leading FMCG manufacturer, has announced top-level changes in its management committee, which oversees the company's operations. As per a...
Moët Hennessy boosts investment in India, CEO Philippe Schaus unveils plans for expanded portfolio
Moët Hennessy, the wines and spirits division of luxury giant LVMH, is expanding its product offerings in India to cater to the strong demand...
Upliance.ai raises INR 34 Crore in seed funding led by Khosla Ventures, valuation soars to INR 143 Cr
Upliance.ai, a burgeoning home appliance startup, has secured INR 34 crore ($4 million) in its seed funding round, spearheaded by Khosla Ventures.The funding round...
Earn points, get free chicken: KFC’s new rewards program hits the US market!
KFC has launched a new initiative dubbed KFC Rewards, aimed at offering points to American customers for each transaction conducted through its app or...
Global rice markets on edge as India mulls extending parboiled rice tax
India, the world’s leading rice shipper, may consider extending an export tax on the parboiled variety as part of efforts to ease food inflation...
V-Mart Retail Q3 profit soars by 41.3% to INR 28.23 Cr, revenue surges 14.4% to INR 889 Cr
V-Mart Retail Ltd, a value retail chain, reported a 41.36% surge in net profit to INR 28.23 crore for the third quarter ending in...
Parag Milk Foods continues growth trajectory with Q3 net profit nearly quadrupling to INR 34.16 Crore
Parag Milk Foods Limited (PMFL), an Indian manufacturer and marketer of dairy-based branded products, has reported a significant increase of 268.8 percent year-on-year (YoY)...
Tata Consumer Products’ Q3 net profit slides 17% to INR 301.5 Crore, revenue up 9%
Tata Consumer Products Ltd recorded a consolidated net profit of INR 301.5 crore in the quarter ending December 2023, marking a 17 percent decrease...