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SAIF Partners divests 5.8% stake in Senco Gold for INR 432.72 Cr
Hong Kong-based SAIF Partners has͏ ͏divested a 5.8% s͏take͏ ͏in jewellery retailer Senco Gold for IN͏R ͏4͏32.72 cror͏e through ͏an op͏en ͏market transac͏tion.͏SA͏IF Partners,...
Relaxo Footwears Q4 net profit drops by 3% to INR 61 Crore
Relaxo Footwears has reported a 3 percent decline in net profit for the March quarter to INR 61.39 crore, as against INR 63.3 crore...
Manyavar’s parent Vedant Fashions records 6.3% rise in Q4 net profit to INR 115.79 Crore
Vedant Fashions, the parent company of Manyavar, has reported a 6.3 percent increase in its combined net earnings, amounting to INR 115.79 crore for...
Zomato faces yet another GST notice, Gurugram Authority demands INR 11.8 Crore
Zomato, a foodtech giant, has received a fresh Goods and Services Tax (GST) notice amounting to INR 11.8 crore from the Gurugram GST authority.The...
Marico expects gradual uptick in growth of core categories following positive Q4 performance
Marico Ltd, a leading Indian FMCG company, anticipates a steady increase in the growth of its primary product categories. This growth is expected to...
Gopal Snacks raises INR 194 Crore from anchor investors ahead of IPO launch
Gopal Snacks Ltd announced that it secured INR 194 crore from anchor investors, just before launching its initial share sale. The Rajkot-based company has...
Antfin Singapore mulls selling 2% stake in Zomato for INR 2,800 Cr amid surging share prices
Amidst a notable surge in Zomato's share prices, China's Ant Group's arm, Antfin Singapore Holdings, is reportedly considering selling off up to a 2%...
Zomato’s shares reach record high of INR 175.5 amidst bullish market sentiment
Zomato, a major player in the foodtech industry, saw its shares surge to a record peak of INR 175.5 during early trading on the...
NCLT grants 45-day extension for Future Supply Chain Solutions’ corporate insolvency resolution
Lenders backing Kishore Biyani's Future Supply Chain Solutions have been granted a 45-day extension to finalize the corporate insolvency resolution process (CIRP), allowing them...
McDonald’s engages with authorities amid controversy over cheese substitutes
Fast food major McDonald’s franchise for west and south India on Friday said it is engaging with the “competent authorities” amid reports of Maharashtra...
Citi Research bullish on Mamaearth, projects 24% upside potential with ‘buy’ rating
Brokerage firm Citi Research has started covering Honasa Consumer Ltd, the parent company of D2C unicorn Mamaearth, giving it a ‘buy’ rating. The firm...
Zomato hits new 52-week high with over 4% surge in shares
Continuing its upward momentum following the strong Q3 FY24 earnings, shares of the foodtech giant Zomato surged by as much as 4.59% during Thursday's...