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Thursday, October 17, 2024
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Latest news

Swiss luxury watch brand Norqain eyes 5% revenue contribution from India by FY26

Fashion
Swiss luxury watch brand Norqain, which partnered with Ethos to enter India in 2022, is targeting a 5% revenue contribution from the Indian market...

Ajay Mariwala’s Food Service India looks at 30% growth for HoReCa industry in India

Food & Beverage
Food Service India, a prominent player in the India’s ever-evolving HoReCa (Hotels, Restaurants, Catering) industry, aims for a 25% to 30% growth this year....

With gold and diamond prices soaring, Trent and Senco Gold shift focus to lab-grown jewellery

Fashion
As gold and diamond prices reach record highs, major corporations are exploring lab-grown diamond jewellery as a more affordable alternative for consumers. Tata͏͏ Group’s͏͏ fashion͏͏...

CCI greenlights Patanjali Foods’ INR 1,100 Cr buyout of Patanjali Ayurved’s home and personal care business

FMCG
The Competition Commission of India (CCI) has given the green light to Patanjali Foods' acquisition of Patanjali Ayurved's home and personal care division in...

PepsiCo reports double-digit organic revenue growth in India for Q3 2024

Food & Beverage
Global food and beverages giant PepsiCo reported double-digit organic revenue growth in India for the third quarter of 2024. During an investor call, PepsiCo...

Eastern expands portfolio with ready-to-cook Kerala breakfast range

Food & Beverage
With the goal of becoming an all-foods brand, Eastern, a leading spice brand, has unveiled a new line of ready-to-cook Kerala breakfast products. The͏͏ newly͏͏...

Zomato allocates INR 330 Cr in stock options to employees through ESOPs

Food & Beverage
Foodtech giant Zomato has granted approximately 12 million stock options through its employee stock option plans (ESOPs). In͏͏ an͏͏ official͏͏ filing͏͏ dated͏͏ October͏͏ 2,͏͏...

IPO-bound Swiggy grants $271 Mn in ESOPs to founders, top executives

Food & Beverage
IPO-bound foodtech giant Swiggy has granted employee stock options valued at $271 million to its founders and top management. This͏͏ move͏͏ is͏͏ part͏͏ of͏͏...

magicpin records 1.5 lakh daily food and logistics orders on ONDC

E-Commerce
Hyperlocal delivery startup magicpin is recording 1.5 lakh daily food and logistics orders on the govt-backed Open Network for Digital Commerce (ONDC). In͏͏ a͏͏ statement,͏͏...

Zomato bolsters ‘going out’ vertical with appointment of former BookMyShow executive Kunal Khambhati

Leadership
Ahead of the launch of its District app, foodtech giant Zomato has strengthened its 'going out' vertical by bringing on board Kunal Khambhati, former...

Ranveer Singh-backed Bold Care expands into women’s wellness with launch of ‘Bloom’

Health & Wellness
Bold Care, the sexual wellness startup backed by actor Ranveer Singh, has entered the women's health and wellness sector with the launch of its...

FMCG giant Emami expects 4-5x growth in quick commerce sales over next two years

FMCG
Emami, the home-grown FMCG giant, expects a four to five-fold increase in sales via quick commerce channels over the next two years, according to...
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