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OYO posts 19.6% net profit rise to INR 158 Cr in Q2 FY25
OYO's parent company, Oravel Stays Ltd, has announced a net profit of INR 158 crore (approximately $19.5 million USD) for the July-September quarter. This...
Blinkit introduces EMI for purchases over INR 2,999
Blinkit now offers EMI (equated monthly instalments) for customers, letting them split payments for purchases above INR 2,999.Albinder Dhindsa, CEO of Blinkit took to...
Coca-Cola sees Q3 volume drop amid heavy monsoons in India
Coca-Cola reported on Wednesday that heavy monsoons in several states hurt its volume growth in India for the third quarter. The company, which shared...
PepsiCo, Coca-Cola plan cheaper soft drinks to counter Reliance’s Campa
PepsiCo and Coca-Cola are considering launching soft drinks 15-20% cheaper than their main brands to target regional markets and combat competition from Reliance Consumer...
Tata Tea plans price hikes to boost profit margins in upcoming months
Tata Tea plans to raise prices across its brands in the next few months to boost profit margins, which have been affected by higher...
Swiggy introduces ‘Seal’ programme to enhance restaurants hygiene standards
Swiggy has launched a new initiative called the 'Seal' programme to improve hygiene and food quality among its restaurant partners. Currently live in Pune,...
Blinkit introduces Seller Hub for streamlined brand sales management
Blinkit has introduced the ‘Blinkit Seller Hub’ to help brands list and sell their products on its platform. This hub allows brands to manage...
Zomato stock gains 4.6%, ends day 2.9% higher on Q2 results
Zomato stock gains 4.6%, ends day 2.9% higher on Q2 resultsZomato shares jumped 4.6% to INR 268 on the BSE on Wednesday, October 23,...
Bikaji to acquire 53% stake in Lucknow’s Hazelnut Factory, enters QSR segment
Bikaji Foods International Limited, a major Indian ethnic snack brand, is entering the Quick Service Restaurant (QSR) sector. Its subsidiary, Bikaji Foods Retail Limited...
Licious covers losses by 44% YoY to INR 293.77 cr
Licious, a Bengaluru-based meat delivery startup, revealed that its losses decreased by 44% to INR 293.77 crore in FY24 from INR 528.5 crore the...
Tata Starbucks opens second experiential coffee store in Colaba, Mumbai
TATA Starbucks has inaugurated its second experiential coffee store in India at Dhanraj Mahal in Colaba, Mumbai. This store honours Mumbai's architectural heritage and...
Amazon India launches campaign to protect customers from cyber fraud
Amazon India has started a digital campaign to help customers stay aware of cyber frauds and scams amid the busy Great Indian Festival.Amazon #AapkeHittMeJaari...