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Latest news
Third Wave Coffee’s revenue rises 67%, but losses nearly double
Bengaluru-based café chain Third Wave Coffee reported a 67% increase in operating revenue to INR 241 crore for the financial year ended March 31. Third...
Nandini Dairy expands to Delhi, posing new challenge for Amul
Karnataka's flagship dairy brand, Nandini, is set to expand its presence to North India with its launch in Delhi on November 21.According to MK...
Delhi’s Khan Market ranks 22nd globally as most expensive retail street
Delhi's Khan Market has secured the 22nd spot as the most expensive retail street globally, with annual rents reaching $229 per square foot (~INR...
Wrangler partners with SOCIAL to launch co-branded merchandise line
Global denim brand Wrangler has collaborated with Indian neighbourhood café chain SOCIAL to unveil an exclusive co-branded merchandise line. The partnership marks SOCIAL's debut...
Parle Agro’s net profit plummets 87% due to ‘Sin Tax’ on sparkling drinks
Parle Agro, the maker of Frooti and Appy Fizz, has reported a steep 87% year-on-year (YoY) decline in net profit for FY24, citing the...
E-commerce platforms transforms consumer buying patterns in metro cities – NielsenIQ
The rise of online platforms has transformed consumer buying patterns, particularly in metro cities, where shoppers now prefer "stock-up" purchases over "top-up" buys, according...
Sanjay Dutt’s The Glenwalk records 6 Lakh bottles sold in seven months
The Glenwalk, a premium Scotch whisky brand under Cartel Bros, has achieved remarkable sales figures, selling over 50,000 cases (600,000 bottles) across 10 states...
Mamaearth’s Honasa Consumer faces AICPDF heat over unsold inventory worth INR 300 Cr
The All India Consumer Products Distributors Federation (AICPDF) has flagged Honasa Consumer, the parent company of D2C unicorn Mamaearth, for its large unsold inventory...
Swiggy now offers kitchen equipment procurement service to restaurant partners
Days after its public market debut, foodtech major Swiggy has introduced a new service to help restaurant partners source kitchen equipment.Swiggy new service connects...
RBI says rural India emerges as “Goldmine” for e-commerce platforms
The Reserve Bank of India (RBI) has highlighted rural India's significant contribution to ecommerce growth in the recent festive season. In its November 2024...
Zomato cracks down on fraudulent restaurants after user complaints
Zomato has delisted multiple "potentially fraudulent" restaurants from its platform after users flagged suspicious single-dish eateries. The foodtech major took swift action, investigating restaurants with...
Flipkart-backed fintech startup Super.Money launches fixed deposit offering
Super.Money, a fintech startup backed by Flipkart, has launched a new fixed deposit (FD) offering called SuperFD, expanding its product portfolio.Deposits are insured up...