Author: Ashutosh Dubey
Breaking News
Swiggy’s IPO receives 11% subscription on opening day, sluggish start
Swiggy's initial public offering (IPO) had a slow start on November 6, the first day of bidding, with only 11% of the shares...
FSSAI plans discussions with quick commerce firms on sale of near-expiry food items
Due to the current controversy about food safety at a Zomato warehouse, the Food Safety and Standards Authority of India (FSSAI) plans to meet...
Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares
Foodtech giant Swiggy raised INR 5,085 Cr on Tuesday, November 5, from anchor investors at INR 390 per share, ahead of its IPO. The...
Novel Jewels to invest INR 5000 Cr in opening 100 stores across India
Aditya Birla Group’s Novel Jewels plans to open 100 stores across India in the next 18 months, investing INR 5,000 crore. This was stated...
Meesho pulls gangster Lawrence Bishnoi t-shirts after public outcry
Meesho, a major e-commerce platform, has faced backlash on social media for selling t-shirts with gangster Lawrence Bishnoi. Users are accusing the company of...
AICPDF raises alarm: FMCG firms using quick commerce for near-expiry products
The All India Consumer Products Distributors Federation (AICPDF) is worried that FMCG companies are using quick commerce and e-commerce platforms to sell products that...
Bata registers 53% profit growth, reaches INR 52 cr in Q2 FY25
Bata India Ltd. announced on Monday, November 4, a 53% increase in consolidated net profit, reaching INR 51.97 crore for the second quarter ending...
Delhi consumes 3.9 Cr bottles of liquor worth INR 4.48 billion during Diwali
Diwali celebrations in Delhi have led to a huge increase in liquor sales. In the two weeks before Diwali, 3.9 crore liquor bottles were...
Zomato CEO Deepinder Goyal clarifies vendor’s mistake on ‘future packing date’
A few days after reports claimed that a food safety raid at Zomato's Hyperpure warehouse in Hyderabad found 90 packets of button mushrooms with...
Magicpin cuts platform fee to INR 5 as Zomato, Swiggy raise charges
Magicpin, a hyperlocal delivery service, has cut its platform fee to INR 5 per delivery, making it half the cost of what Zomato and...
Babyshop launches first store at Gaur City Mall
Babyshop has opened its first store in India at Gaur City Mall, offering a wide range of products for babies, toddlers, and children to...
Dabur India to acquire major stake in Sesa Care for INR 12.59 Cr
Dabur India announced on Wednesday, October 29 that it will buy a majority stake in Sesa Care Private Limited for INR 12.59 crore. This...