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Zomato registers 7.62% shares surge to INR 284 on BSE after Sensex inclusion
Zomato's shares surged as much as 7.62% to INR 284.30 apiece on the BSE today (November 25) after the company announced its inclusion in...
KRBL Ltd’s India Gate to expand portfolio with mixed spices and rice bran edible oil
KRBL Ltd, the company behind the popular 'India Gate' basmati rice brand, is expanding its product portfolio to include mixed spices and rice bran...
Patanjali Ayurveda reports fivefold profit surge to INR 6,460 Cr despite sales decline
Baba Ramdev-led Patanjali Ayurved has reported a 23.15% increase in total income to INR 9,335.32 crore in 2023-24. The growth was largely driven by...
India’s Gen Z prefers healthy, natural skin over fairness obsession – L’Oreal CEO
L'Oreal global chief executive Nicolas Hieronimus believes that India's younger generation is no longer obsessed with fair skin. Instead, they prefer brands that offer...
Zomato gets shareholders approval to secure INR 8,500 Cr via QIP
Food delivery platform Zomato's shareholders have approved the company's plan to raise INR 8,500 crore via a qualified institutional placement (QIP).Zomato receives nod from...
Amazon India to launch quick commerce delivery service ‘Tez’
Amazon India is gearing up to launch its quick commerce delivery service, code-named Tez, by late December or early next year.Amazon eyes global debut...
Edible Oil manufacturer BN Group announces $1 Bn investment for African expansion
BN Group, an edible oil manufacturing company, is planning to invest approximately $1 billion over the next 5 years to expand its presence in...
Bikaji Foods International extends funding period to three months for US subsidiary
Bikaji Foods International Limited has extended its investment timeline for its US-based subsidiary, Bikaji Foods International USA Corp.Bikaji investment involves 50,000 stocks The company will...
Swiggy enters sports, acquires Mumbai team in upcoming World Pickleball League
Swiggy Ltd, an online food delivery company, has acquired ownership of the Mumbai team in the World Pickleball League (WPBL).WPBL takes place in January...
Reid & Taylor launches e-commerce site, targets additional sales on Myntra
Reid & Taylor Apparel, a men's ready-to-wear fashion brand, has launched its e-commerce website, reidandtaylor.in. The website allows customers to shop for a variety...
Flipkart co-founder Binny Bansal leaves PhonePe, complete exit from Walmart ecosystem
Flipkart co-founder Binny Bansal has resigned from the board of directors of PhonePe, a digital payments company. Binny Bansal holds 1% stake in PhonePeThis move...
FM Nirmala Sitharaman: quick commerce to enhance India’s innovative image globally
Finance Minister Nirmala Sitharaman believes that the success of quick commerce startups can boost India's global reputation as a hub for innovative solutions. She...