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Gopal Snacks collects Rs 194 crore from anchor investors ahead of IPO

Those who participated in the anchor round are BofA Securities Europe SA, Bay Capital India Fund, ITI Mutual Fund, DSP Mutual Fund, Quant Mutual...

McDonald’s India to use word cheese in products as FSSAI and NABL verify quality

Earlier, the company had removed the name word cheese from its products following the direction of the Maharashtra FDA, which was not satisfied with...

Big Basket aims to turn profitable in 8 months; eyeing IPO in 2025

The business requires capital for ongoing investments which be raised from the Tata Group in the run-up to the IPONew Delhi: The Tata group-owned online...

Swiggy to provide food delivery services at 4 railway stations, extend it to more places

The food delivery services will be extended to 59 more railway stations in the coming weeksNew Delhi: Swiggy will offer food delivery services to...

B2B platform Udaan sees sale of 2.25 billion products in 2023

During this period, 900 sellers on the platform achieved sales worth Rs 1 crore eachNew Delhi: Online business-to-business platform Udaan on Tuesday said that...

Interoperable Internet banking system that benefits merchants to go live in 2024: RBI Governor

At present, internet banking transactions are processed through payment aggregatorsMumbai: Reserve Bank Governor Shaktikanta Das on Monday said an interoperable system for Internet banking...

Samsung expects to sell 2 million units of Galaxy F15 5G in next 12-15 months

Samsung targets "a sale of about 2 million units of the newly launched handset in the next 12-15 monthsNew Delhi: Samsung on Monday said...

Indian logistics market to grow at 8.8% annually to $484.43 bn by 2029

LogiMAT India 2024 projections indicate a surge in market size to $317.26 billion by 2024, with a projected CAGR of 8.83%, catapulting it to...

Lulu Group to visit Vijayapura for identifying food processing unit location

At the recent World Economic Forum in Davos, Lulu Group had expressed interest and signed an agreement to set up a full-fledged food processing...

Godrej & Boyce to increase focus on smaller cities, invest Rs 40 crore in 3 years on distribution

The fresh investments by the company, which sells interior solutions, furniture, appliances and locks, will see its footprint doubled to more than 400 towns...

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Reliance net profit falls 5% in Q1 on weak O2C business

The consolidated net profit of Rs 15,138 crore, or Rs 22.37 per share, in April-June was compared to Rs...