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Latest news
Preparations in full swing as Swiggy nears mega IPO launch later this year
Online food delivery platform Swiggy's Co-Founder and CEO Sriharsha Majety has said that all preparations are underway for its mega Initial Public Offering (IPO),...
Motilal Oswal Mutual Fund divests 4.5 Cr Zomato shares in INR 621 Cr block deal
Motilal Oswal Mutual Fund initiated an open market transaction on Monday, shedding 4.5 crore shares of the leading foodtech company Zomato.According to data from...
Wow! Momo Foods secures INR 350 Crore funding led by Malaysia’s Khazanah Nasional Berhad, eyes aggressive expansion
Wow! Momo Foods secured INR 350 crore in funding from Khazanah Nasional Berhad, Malaysia's sovereign wealth fund. This represents the company's most significant capital...
Coca Cola India and Reliance Retail collaborate to launch eco-friendly recycling initiative
Coca Cola India and Reliance Retail unveiled a sustainability campaign named "Bhool Na Jana, Plastic Bottle Lautana," according to a press release issued on...
Bakery giant Greggs rides 2023 success wave, announces plans for 160 new stores in the year ahead
Greggs, the well-known high street bakery chain, has unveiled plans to open up to another 160 stores in the year ahead as it cheered...
Oyo to open 400 properties in major spiritual hotspots amidst growing demand for spiritual tourism
Oyo, the budget hospitality chain, announced on Monday its ambitious plan to unveil 400 new properties in major spiritual hotspots across the country. This...
Consumer goods companies ramp up advertising and promotional efforts, capitalizing on improved margins and market opportunities
Consumer goods companies are intensifying their advertising and promotional spending in the next few quarters, aided by the improvement in gross margins over the...
Ayodhya set to welcome India’s first veg-only 7-star hotel
The sacred city of Ayodhya is set to welcome the nation's first seven-star luxury hotel, exclusively catering to vegetarian cuisine. This city is also...
NRAI urges govt to restore input tax credit and raise GST to 12%
On Monday, the National Restaurant Association of India (NRAI) appealed to the government to reinstate input tax credit for restaurants. They proposed an increase...
Domino’s Pizza in Delhi-NCR joins ONDC to boost profit margins
A number of Domino's Pizza outlets in the Delhi-NCR region have now joined the Open Network for Digital Commerce (ONDC). This strategic move is...
FMCG sector saw 2% growth in grocery and personal care, while non-essential products declined in 2023
Sales of groceries, household, and personal care items increased by 2% in value in 2023, a notable deceleration from the 7% growth observed in...
Tata Consumer Products to tap pharma channels with Organic India and expand Capital Foods into oriental cuisine space
Tata Consumer Products Ltd (TCPL) is now strategizing to explore pharmaceutical channels following the acquisition of Organic India. MD and CEO Sunil D'Souza stated...
