Breaking News
Patanjali promoters set to dilute 6% stake to meet minimum shareholding norms
Patanjali Foods made an announcement on Wednesday that its promoters are planning to sell shares to institutional investors in June. The purpose of this...
Coca-Cola’s global Chief James Quincey flies to India to assess market performance and explore growth opportunities
Coca-Cola's global Chief Executive, James Quincey, has flown into India to assess the performance of the beverage maker's fifth largest market by volumes, as...
Zepto announces major leadership restructuring; Vikas Sharma appointed as COO
In a recent development, Zepto, the quick-commerce platform, has announced significant shifts in its top management. Vinay Dhanani, who previously served as the company's...
FSSAI to introduce stringent norms for ready-to-eat food sold in plastic wrap, prioritizing consumer safety
The Food Safety and Standards Authority of India (FSSAI), which functions as India's food regulator under the Ministry of Health & Family Welfare, is...
India’s Union Cabinet approves ‘World’s Largest Food Storage Scheme’, allocates INR 1 Trillion to bolster cooperative sector capacity
The Union Cabinet has given its approval to a scheme worth INR 1 trillion, aimed at increasing the foodgrain storage capacity. According to a...
FEMSA prioritizes expansion by selling Heineken stake, gains $3.8 Billion in capital
In a strategic move to fuel its expansion initiatives, the Mexican beverage and retail group FEMSA has effectively divested its stake in the Heineken...
Amazon India explores dine-in payments, introduces convenient bill settlement via Amazon Pay
After discontinuing its food delivery service last year, Amazon India is now experimenting with dine-in payments. As part of this ongoing initiative, the company...
Maikada takes Mumbai’s bar scene by storm with its progressive concept and exquisite offerings
Maikada, an upscale and inviting progressive bar & lounge, has made a spectacular debut at The Shalimar Hotel in the vibrant Kemps Corner neighborhood....
Drools Pet Food enlists Kiara Advani as brand ambassador, promoting nutritious meals for happy pets
Drools, one of India's leading pet food brands, has enlisted the beloved Bollywood star Kiara Advani as its newest brand ambassador. With her widespread...
iD Fresh Food expands global reach with the introduction of iD Frozen Fruit Blend in the UAE
iD Fresh Food, India's most prominent and beloved fresh food brand, has recently made an exciting announcement regarding the launch of their newest and...
ONDC revamps incentive structure, imposes INR 100 limit on discounts for participants
The Open Network for Digital Commerce (ONDC) recently updated its incentive scheme for network participants, aiming to reduce reliance on discounts as a means...
Patanjali Foods reports 12% growth in Q4 net profit to INR 263 Crore; FY23 profit surges to INR 886.44 Crore
Patanjali Foods Ltd (PFL), a company involved in the edible oil and FMCG sectors, announced a 12 percent rise in its net profit for...