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Middle east war slows McDonald’s growth, sales drop to half of pre-crisis levels
Geopolitical tensions in West Asia have impacted McDonald's operations in West and South India, with some outlets struggling to achieve half their pre-crisis sales....
The Hosteller secures INR 48 Cr from V3 Ventures for expansion
The Hosteller, a popular backpacker hostel chain, has secured INR 48 crore in funding. The investment is a combination of equity and debt, with...
ProV registers INR 4.86 Cr PAT, revenue surges 47% YoY in H1 FY25
Food brand Proventus Agrocom Limited (ProV) has reported strong growth in revenue and profit for the first half of fiscal year 2024-25. The company...
Zero-commission app WAAYU expands food delivery to Hyderabad
Zero-commission food delivery platform, WAAYU, has started its services in Hyderabad and Secunderabad. Currently serving 500 restaurants, the startup plans to expand to over...
Pernia’s Pop-Up Shop to raise INR 250 Cr for expansion ahead of IPO
D2C designer wear retailer Pernia's Pop-Up Shop, eyeing to secure INR 250 crore before its planned IPO and has hired IIFL and Axis Capital...
Delhi HC bars Alpino from negative Oats ads following Marico lawsuit
The Delhi High Court has ordered Alpino Health Foods Private Limited to stop publishing ads that put oats in a bad light. This decision...
KL Rahul-backed fitness brand Boldfit secures INR 110 Cr from Bessemer Partners
D2C fitness and nutrition brand Boldfit secured INR 110 crore (about $13 million) from venture capital firm Bessemer Venture Partners.Boldfit continues to grow for...
Colgate registers 10.5% revenue growth YoY, net sales surges to INR 1,609.2 Cr
Colgate-Palmolive (India) Limited reported strong financial results for the quarter ending September 30, 2024. Their topline growth increased by 10% year-on-year, with domestic revenues...
Raymond Lifestyle sees 69.72% drop in Q2 FY25 net profit due to inflation
Raymond Lifestyle registered a 69.72% drop in consolidated net profit to INR 42.18 crore for the second quarter ending September 2024, due to weak...
Brigade Hotel ltd seeks to raise INR 900 Cr via IPO, files DRHP to SEBI
Brigade Hotel Ventures Limited, a major private hotel asset owner in South India, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities...
TreeHouse Hotels introduces hi-way MOTELS, eyes growth
TreeHouse Hotels & Resorts, part of Karma Hospitality LLP, has introduced hi-way MOTELS. This new addition expands their brand portfolio, which already includes The...
Godrej refuses to cut palm oil content despite Unilever’s move
Godrej Consumer Products announced it will not lower soap quality by reducing palm oil, responding to Hindustan Unilever's (HUL) move to cut palm oil...