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NRAI urges govt to restore input tax credit and raise GST to 12%
On Monday, the National Restaurant Association of India (NRAI) appealed to the government to reinstate input tax credit for restaurants. They proposed an increase...
Domino’s Pizza in Delhi-NCR joins ONDC to boost profit margins
A number of Domino's Pizza outlets in the Delhi-NCR region have now joined the Open Network for Digital Commerce (ONDC). This strategic move is...
FMCG sector saw 2% growth in grocery and personal care, while non-essential products declined in 2023
Sales of groceries, household, and personal care items increased by 2% in value in 2023, a notable deceleration from the 7% growth observed in...
Tata Consumer Products to tap pharma channels with Organic India and expand Capital Foods into oriental cuisine space
Tata Consumer Products Ltd (TCPL) is now strategizing to explore pharmaceutical channels following the acquisition of Organic India. MD and CEO Sunil D'Souza stated...
Zomato’s stock dips 3% following INR 622 Cr block deal transaction
Zomato's stock experienced a nearly 3% decline in early Monday trading, following a block deal involving approximately 4.5 crore shares of the food delivery...
Shilpa Shetty-backed agritech startup KisanKonnect secures INR 31 Crore in pre-series A funding led by Green Frontier Capital
Shilpa Shetty-backed Kisankonnect, a fully integrated fresh produce agritech startup, has raised INR 31 crore (approximately $3.75 million) in a pre-series A round led...
Noida administration urges residents to report cross-border liquor purchases; unveils fines for offenders
The Noida administration has urged residents to report cases of people purchasing alcohol from Delhi or Gurugram to consume in Uttar Pradesh. This move...
D2C brand Bewakoof reports 60% cut in losses to INR 12.7 Cr in FY23, sales dip 8%
Bewakoof, the D2C brand under Aditya Birla Group's TMRW, achieved a nearly 60% reduction in its losses for the fiscal year concluding on March...
Firstcry parent Brainbees Solutions to invest INR 150 Crore for Gulf expansion
Brainbees Solutions, the parent company of Firstcry, plans to allocate more than INR 150 crore from the proposed IPO funds to enhance its operations...
Ayodhya’s hotel industry booms: Investors pour INR 420 Crore into hospitality projects as Ram Temple spurs tourism growth
Investors have entered into multiple agreements to make substantial investments in the hospitality sector in Ayodhya, capitalizing on the significant potential for religious tourism...
Luxmi Tea to intensify retail presence, targets key airports for expansion
Luxmi Tea, the proprietor of the Makaibari brand, plans to broaden its retail footprint nationwide, as stated by a company representative.The company has already...
Tata Consumer Products to fund Capital Foods and Organic India deals with cash reserves, bridge financing
Tata Consumer Products (TCPL) plans to finance its acquisitions of Capital Foods Ltd and Organic India Ltd, with a combined enterprise value of INR...