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Amazon India’s marketplace division sees INR 830 Cr investment from US parent

Amazon Seller Services, the marketplace division of Amazon India, has generated INR 830 crore from its US parent.As a part of this capital injection,...

Zomato shares surge 6.2% after robust Q3 earnings; touches fresh 52-week high

Following robust Q3 FY24 earnings, shares of foodtech major Zomato surged as much as 6.2% during intraday trading on Monday (February 12), touching a...

Consumer goods giants double down on India investments despite downturn, banking on demand resurgence

Several major consumer goods corporations such as Nestle, Dabur, Coca-Cola, Mondelez, and Procter & Gamble are planning significant investments in India to expand production...

Zomato ramps up restaurant listings amidst sluggish spending trends

Last week, Zomato highlighted that the increase in restaurant listings on its platform significantly fueled the 27% year-on-year growth in the gross order value...

Hershey to streamline operations with automation, job cuts likely

US-based confectionery giant Hershey has announced a restructuring plan that includes reducing its workforce to drive productivity through process automation.The owner of the Reese's...

Energy drink brand Odyssey secures $6 Million in funding round

Odyssey, a functional mushroom-infused energy drink brand, has successfully concluded a $6 million funding round.The company stated that reaching this financial milestone marks a...