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KFC Malaysia temporarily closes outlets, citing economic challenges

KFC Malaysia has decided to temporarily shut down its outlets across the country, attributing the move to challenging economic circumstances. This decision follows reports...

IPO-bound FirstCry faces INR 278 Cr loss in nine months of FY24

FirstCry, a kids-focused omnichannel retailer, recorded a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial...

IHCL aims for double-digit growth, eyes international expansion in FY25

Tata group-backed Indian Hotels Company (IHCL) has set its sights on achieving double-digit topline growth this fiscal year. With aspirations to unveil 25-30 new...

Shoppers Stop appoints Kavindra Mishra as MD & CEO

Shoppers Stop, the departmental store chain, has promoted Kavindra Mishra to the position of managing director and chief executive officer. Previously, Mishra held the...

FirstCry refiles DRHP following SEBI review; IPO offer unchanged

FirstCry, the Pune-based omnichannel marketplace, has refiled its draft red herring prospectus (DRHP) after the Securities and Exchange Board of India (SEBI) stated that...

Shoppers Stop reports 53% rise in Q4 profit driven by beauty and luxury items

Shoppers Stop, a prominent department store chain, saw nearly a 53% rise in fourth-quarter profit, fueled by strong demand for beauty products and luxury...

Intense competition dents profits: Gillette India’s Q3 earnings dip by nearly 4%

Gillette India saw a nearly 4% decline in third-quarter profits due to intense competition in the domestic market, which subdued demand.Gillette India, renowned for...