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Gems and jewellery industry urges rollback of increased gold customs duty in interim budget, calls for streamlined tax structure
The gems and jewellery industry is pressing for the rollback of the increased basic customs duty (BCD) on imported gold in the upcoming interim...
Consumer goods giants navigate fluctuating commodity prices, impacting product pricing and demand recovery strategies
Major consumer goods firms such as Hindustan Unilever (HUL), ITC, Maruti Suzuki, and Parle Products have reported fluctuations in certain commodity prices. According to...
Marico’s digital-first brands on track to achieve ‘meaningful profitability’ by 2027, CEO Saugata Gupta sets ambitious goal
Marico Ltd. is set to achieve "meaningful profitability" in its portfolio of digital-first brands within the next three years, according to Saugata Gupta, the...
CURRYiT disrupts market norms with the launch of India’s first 100% natural, preservative-free Ginger Garlic Paste
CURRYiT, a highly cherished food startup, is delighted to introduce India's first Ginger Garlic Paste without any preservatives or additives. This innovative product disrupts...
Aquaconnect secures $4 Million in Pre-Series B funding led by S2G Ventures to fuel growth and innovation in Indian aquaculture
Aquaconnect, a Chennai-based full-stack aquaculture startup, has raised $4 million (INR 33 crore) in a Pre-Series B funding round led by US-based S2G Ventures.The...
Arvind faces fifth consecutive quarterly revenue decline amidst lackluster prices and diminished demand in casual and denim market
On Tuesday, Arvind Ltd, a leading player in the casual and denim market, announced a decline in revenue for the fifth consecutive quarter. This...
FMCG companies anticipate inflation-focused measures in upcoming budget to boost consumption and rural growth
Despite the early signs of recovery, the FMCG industry faced significant inflationary pressures, especially in the mass consumption segment. In anticipation of the February...
Swiggy reports robust 40% revenue growth to INR 8,264 Cr in FY23, despite net loss crossing INR 4,000 Crore mark
Swiggy, the Bengaluru-based food delivery giant, saw its net loss cross the INR 4,000 Crore threshold for the financial year ending on March 31,...
Quick-commerce unicorn Zepto considers reverse flip to India, targets IPO in 2026
In a strategic move, Nexus-backed Zepto is actively considering a reverse flip to India. According to sources close to the company, Zepto aims to...
Uttishtha 2024 wraps up: IIM Kashipur’s FIED propels agri-startups with INR 14.6 Crores
The seventh iteration of the largest agricultural startup expo, "Uttishtha 2024," has concluded with great fanfare after two days of showcasing talent, innovation, and...
Shilpa Shetty dives into kids fashion industry with Zip Zap Zoop, aiming to revolutionize the industry with sustainable practices and diverse offerings
Actress Shilpa Shetty Kundra has collaborated with fashion consultant Ashmika Sadh to establish a new venture, marking her entry into the children's clothing industry.The...
Fidelity slashes Meesho’s valuation again, now at $3.5 Billion – a 29% drop from previous high of $4.9 Billion
The US-based asset management company Fidelity has once again lowered the valuation of Meesho on its books, now assessing the e-commerce startup at $3.5...