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SAIF Partners pares 5.8% stake in Senco Gold for Rs 433 cr

SAIF Partners' shareholding in Senco Gold declined to 4.97% from 10.77%New Delhi: Hong Kong-based SAIF Partners on Thursday pared a 5.8% stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction.SAIF Partners, through its...

Dollar Industries sets sights on southern expansion with 50 new outlets

The expansion will also help in reaching its revenue milestone of Rs 2,000 crore by 2025-26New Delhi: Dollar Industries Ltd on Thursday announced a major expansion in South India, with plans to open 50 new stores across the region...

GoKwik and Twid partner for loyalty rewards

Through this partnership, 100 million shoppers in the GoKwik network will be able to access loyalty and reward points provided in the Twid network at checkout Bengaluru:  E-commerce enabler GoKwik and rewards-based payment network Twid have entered into a strategic partnership...

TCPL aims to double capex to Rs 785 cr in FY25: Chairman N Chandrasekaran

The company is aspiring to become a full-fledged FMCG company with plans to enter new categoriesNew Delhi: Tata Consumer Products Ltd. is aiming to become a full-fledged FMCG company with plans to enter new categories and has more than...

Palette Brands raises close to $2 million in pre-series A funding round

The funds will be allocated to launching its new cookware brand Ember, research and development and expanding the team Bengaluru: Consumer goods company Palette Brands (earlier White.Inc) has raised close to $2 million in a pre-series A round led by Rockstud...

Nestle India to pay 4.5% royalty to parent firm after shareholders reject hike

The shareholders rejected the proposal last month with 57.18% of the total votes against the ordinary resolution and 42.82% of the votes in favourNew Delhi: FMCG major Nestle India on Wednesday said it will continue to pay royalty to...

Costa Coffee posts 49% rise in revenue to Rs 152 cr in FY24, adds 67 new stores

DIL is having rapid expansion of Costa Coffee network in India, driven by the growing young populationNew Delhi: British coffee chain Costa Coffee reported a 49% growth in revenue from operations to Rs 151.8 crore in India, Devyani International...

Brigade Enterprises to invest Rs 8,000 cr in Chennai by 2030 to build malls, offices, homes among other things

In Chennai, Brigade Group has already completed over 5 million square feet across residential, office, hospitality and retail real estate  New Delhi: Realty firm Brigade Enterprises Ltd on Wednesday announced an investment of Rs 8,000 crore in Chennai property market...

Mamaearth now available at over 1,000 stores through Reliance Retail partnership

The brand will be available at over 1,000 Reliance Smart Bazaar and Smart Point stores across the countryBengaluru: Gurugram-based beauty and personal care brand Mamaearth, parented by Honasa Consumer Ltd. is now available at over 1,000 of Reliance  Smart...

Snacks brand VS Mani & Co. ropes in Anirudh Ravichander as co-founder

The company will leverage Ravichander’s social media reach and concerts to build brand awareness among its consumersBengaluru: South Indian filter coffee and snacks brand VS Mani & Co. has roped music composer Anirudh Ravichander as its co-founder and brand...
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Flipkart expects to create 1 lakh new jobs ahead of festival season

Most of the jobs created by e-commerce companies during the festival season sale are seasonalNew Delhi: E-commerce major Flipkart...
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