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Zomato stock jumps over 4%, touches intraday high of INR 269.75
Foodtech giant Zomato's shares surged 4.7% to reach an intraday peak of INR 269.75 on the BSE today, following the company's decision to close...
Kisanserv to open 250 new stores, targets INR 500 Cr revenue
Kisanserv, a Pune-based agritech company, has set a revenue target of INR 500 crore over the next four years and plans to expand with...
India only APAC market with double-digit growth in FMCG and tech durables through modern trade: NielsenIQ Report
India is the sole country in the Asia-Pacific region where modern trade channels in FMCG and tech durables are consistently achieving double-digit growth, driven...
Brazilian superfood brand Tropicool plans major expansion in India with shop-in-shop and franchise models
Tropicool, a Brazilian superfood brand, plans to expand its presence in India through Shop-in-Shop (SiS) and franchise models, offering consumers the acai experience nationwide.Founded...
Indian consumers stick with retail chains despite e-commerce boom
Despite the growth of e-commerce, Indian consumers continue to shop at retail chains for premium products and during major sales or festive seasons, a...
Gem and jewellery exports fall 23.28% to USD 1,665.4 Million in July: GJEPC
The overall gem and jewellery exports saw a 23.28% year-on-year decline in July, dropping to USD 1,665.4 million, due to weakened consumer demand amid...
Coca-Cola India appoints Greishma Singh as new VP of marketing
Beverage giant Coca-Cola India has appointed Greishma Singh as vice-president of marketing. Singh transitions from her previous role as vice-president of customer and commercial...
Jewellery retailer Joyalukkas to open 60 new stores in 3 years, drops IPO plans
Joyalukkas, a leading jeweller, plans to open 60 new stores over the next three years, mainly outside the southern states.The mo͏ve ͏aims to boost...
PE firm Warburg Pincus offloads 6.45% stake in Kalyan Jewellers for INR 3,584 Cr
Private equity giant Warburg Pincus has divested a 6.45% stake in jewellery retailer Kalyan Jewellers for INR 3,584 crore through open market transactions. Meanwhile,...
FSSAI orders removal of ‘A1’ and ‘A2’ claims from milk packaging
Food safety regulator FSSAI has instructed food businesses, including e-commerce platforms, to eliminate labels indicating 'A1' and 'A2' milk and milk products from their...
IPO-bound Swiggy valued at $11.5 Bn by 360 One WAM
Foodtech giant Swiggy’s backer 360 One WAM valued the IPO-bound company at $11.5 billion as of June.According to an investor presentation, 360 One WAM...
PayU and Amazon Pay Later join forces to provide instant credit solutions to Indian shoppers
Prosus-backed PayU, a leading player in digital payments, has teamed up with Amazon Pay Later to broaden access to digital credit for Indian consumers.As...