Author: Online Desk
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Gautam Singhania’s appointment as Raymond Lifestyle executive chairman approved despite opposition!
Raymond Lifestyle Limited, a major player in India's retail market, has named Gautam Hari Singhania as its new executive chairman, according to a report...
Crown Basmati Rice, Shryoan Cosmetics enhance market reach via Zepto
The growing quick-commerce market in India is seeing notable participation from brands like Crown Basmati Rice and Shryoan Cosmetics. These brands are leveraging platforms...
Swiggy’s market value climbs to $14.9 Bn as shares reach all-time high
Shares of food tech giant Swiggy surged as much as 11.35% during intraday trading to reach an all-time high of INR 576.95 on the...
Moody’s elevates OYO’s rating to B2, citing strong profitability and growth
Global rating agency Moody's has upgraded the corporate family rating of OYO's parent, Oravel Stays Limited, to "B2" from "B3" previously. The rating agency has...
D2C kitchenware startup The Indus Valley to bag INR 23 Cr in Pre-Series round
The Indus Valley, a D2C kitchenware startup, is all set to secure INR 23.1 Cr in its Pre-Series A funding round led by existing...
Swiggy Instamart reports INR 490 Cr revenue in Q2 FY25, achieves 135% growth
Swiggy's quick commerce business, Instamart, has reported a significant surge in operating revenue, growing 135.7% to INR 490 crore in the quarter ended September...
Swiggy ventures into sports & entertainment with ownership and operations plans
Swiggy, a leading foodtech company, is setting up a new wholly-owned subsidiary that will operate in the sports and recreation activities segment. The company's board...
Swiggy registers INR 625.53 Cr net loss, revenue rises 30% in Q2 FY25
Swiggy, a leading foodtech company, has reported a consolidated net loss of INR 625.53 crore in the September quarter (Q2) of the financial year...
Shareholders block Gautam Singhania’s appointment as Raymond Lifestyle chairperson!
Corporate governance advisory firms are urging shareholders to vote against Gautam Singhania's proposed appointment as executive chairperson of Raymond Lifestyle Ltd.IiAS raises remuneration issuesInstitutional...
Record-breaking sales for retail, brands during ‘Black Friday’ weekend
Retailers and brands in India have reported a record-breaking business during the Black Friday weekend sales, driven by heavy discounts and marketing efforts. The sales...
Zomato offers 47.75 Cr equity shares to Foodie Bay ESOP Trust for employees
Zomato has allotted 47.75 crore equity shares to its employee welfare trust, Foodie Bay Employees ESOP Trust. The shares were allotted under various employee stock...
Flipkart pilots 10-minute medicine delivery, death to local ‘medical stores’
India's 10-minute delivery market is expanding beyond groceries and essentials to include food and medicine. Flipkart, a major e-commerce player, is planning to start...