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Flipkart adds 10,000 EVs to fleet, targets full switch by 2030
Flipkart , the e-commerce giant, announced that its delivery fleet now includes 10,000 electric vehicles (EVs). The company plans to fully switch to EVs...
Amazon, Flipkart under ED scrutiny, executives summoned for FDI law breaches
After the Enforcement Directorate (ED) raided Amazon and Flipkart seller offices, the agency is reportedly planning to summon executives from both companies over suspected...
IISc develops eco-friendly, recyclable foam for FMCG packaging
Researchers at Bengaluru's Indian Institute of Science have developed a biodegradable foam that offers a sustainable solution to plastic waste. Made from natural sources,...
Snitch introduces “Worth the Wait” feature for fashion-forward customers
Snitch, a leading men's fashion brand, has launched an innovative feature called "Worth the Wait" (WTW), allowing customers to stay ahead of the latest...
KFC, Pizza Hut owner Devyani International registers INR 4.92 crore loss in Q2 FY25
India's largest KFC and Pizza Hut franchise owner, Devyani International Limited, incurred a loss of INR 4.92 crore in the July-September quarter (Q2), according...
Relaxo Footwears suffers loss, profit slumps to INR 37 Cr in Q2 FY25
Relaxo Footwears' profit dropped 17% in the second quarter. The company made INR 37 crore ($4.4 million), down from INR 44 crore during the...
Amazon Seller Services reports 14.5% revenue increase to INR 25,406 Cr, reduces loss
Amazon Seller Services saw a 14.5% increase in operational revenue for the year ending March 31, 2024, which helped reduce its loss after tax....
Zomato and Swiggy deny alleged competition law violations by CCI
Food tech majors Zomato and Swiggy have denied recent claims that they violated competition laws, following an investigation by the Competition Commission of India...
Zomato launches ‘Food Rescue’—buy cancelled food orders at a discount
Foodtech major Zomato has introduced 'Food Rescue', a feature that lets users buy cancelled food orders from nearby areas to help reduce food waste.Food...
Meesho registers reduction in net loss by 81.8% to INR 304.9 Cr in FY24
Meesho's net loss significantly decreased by 81.8% to INR 304.9 crore in the financial year 2023-24, from INR 1,675 crore in the previous year....
Delhivery grants above 11 lakh equity shares under ESOPs plans
Delhivery has awarded 11.21 lakh stock options to employees under three ESOP plans. The company's board approved the grant, allowing employees to convert options...
Bengaluru-based John Distilleries targets INR 2,500 crore net revenue in five years
Bengaluru-based liquor maker John Distilleries Ltd (JDL) expects to reach INR 2,500 crore in net revenue within five years, driven by expansion, premiumization, and...