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LT Foods Q3 profit soars by 52%, reaching INR 152.64 Crore

LT Foods Ltd on Thursday reported a 52.07% rise in consolidated net profit, amounting to INR 152.64 crore for the third quarter ending December...

Swiggy breaks new ground: Becomes the first food delivery platform to launch services in Lakshadweep

Swiggy, a leading on-demand convenience platform, is achieving a significant milestone in its nationwide expansion. Coinciding with India's 75th Republic Day celebrations, Swiggy is...

IPO-bound Swiggy initiates workforce reduction, plans to cut 6% of jobs to enhance profitability

IPO-bound food and grocery delivery major Swiggy has initiated another round of layoffs to streamline costs and pursue profitability, according to sources in the...

Zomato’s ZPPL gets green light from RBI to operate as online payment aggregator

Zomato, a major player in the foodtech sector, has received approval from the Reserve Bank of India (RBI) to operate as an online payment...

Chai Sutta Bar launches its new tea brand ‘Maatea’

Chai Sutta Bar, a popular tea chain, has announced the introduction of its new tea brand, Maatea. Expanding its horizons, the brand is set...

Oyo Hotels in advanced talks with Khazanah Nasional Berhad for $400 Million funding boost

As per a report in Bloomberg, Khazanah Nasional Berhad, Malaysia's sovereign wealth fund, is currently in talks with Oyo Hotels & Homes Pvt. to...

Athleisure brand Edrio opens first offline store in Amritsar

Edrio, the athleisure wear brand that is a part of the North Indian textile conglomerate Oswal Group, has unveiled its first physical store in...