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LT Foods goes global, aims to tap $2 Bn rice market of Saudi Arabia
LT Foods Limited, a global FMCG company, has entered the Saudi Arabian retail market with the opening of a new office in Riyadh. This...
HUL announces demerger of ice cream business, cites synergies limitation
Hindustan Unilever Ltd (HUL) has announced that its board has approved the demerger of its ice cream business into an independent listed entity.HUL owns...
Zomato CEO Deepinder Goyal gives up approx. $2 million salary: More than meets the eye?
Zomato founder and CEO Deepinder Goyal has voluntarily waived his base salary of INR 3.5 Cr per annum till March 31, 2026. Goyal hasn't...
Brokerages’ ‘Buy’ ratings on Swiggy’s IPO amid capitalization loss concerns
UBS, a global brokerage firm, has started covering Swiggy, a major food delivery platform company, and given it a 'Buy' rating. They have set...
Flipkart guilty of unfair trade practice! Consumer Commission’s action
Flipkart, the ecommerce giant, has been held guilty of unfair trade practice by the District Consumer Disputes Redressal Commission in Mumbai.Flipkart’s "no return policy"...
Zomato launches INR 8,500 Cr QIP at floor price of INR 266 per share
Zomato, a leading foodtech company, has opened its INR 8,500 Cr qualified institutions placement (QIP) and set a floor price of INR 265.91 per...
Tata Group launches Neu Flash q-commerce delivery amid intensifying competition
Tata group's ecommerce venture, Neu, is piloting a quick commerce delivery service under Neu Flash, as demand for instant deliveries picks up pace in...
Tata Consumer foresees continued volume growth, sees food inflation as ‘short-term blip’
Tata Consumer Products Ltd (TCPL) is viewing the current food inflation as a "short-term blip" and expects it to moderate in the next two...
Health Minister Rane announces revamped hygiene rating for Goa’s eateries
Goa's restaurant industry is set for a major overhaul as the Food and Drugs Administration (FDA) gears up to conduct hygiene inspections across the...
abCoffee introduces coconut-based, non-dairy beverages across 75-plus outlets in India
abCoffee, a prominent grab-and-go coffee chain in India, has launched the country's first-ever range of 13 coconut-based, non-dairy beverages.abCoffee to cater demand for plant-based...
Western Railways announces launch of Mumbai’s first open-air Restaurant on wheels
Western Railway (WR) authorities are set to introduce Mumbai's first open-air restaurant on wheels, which promises to transform the station's premises while preserving its...
Swiggy ropes in Flipkart’s DoS Kanika Tiwari as Head of Monetization
Swiggy, a leading online food delivery and quick commerce platform in India, has appointed Kanika Tiwari as the Head of Monetization for its quick...