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Bikaji Foods International acquires 55% stake in Ariba Foods Private Ltd.

This acquisition will enhance Bikaji’s frozen food capabilities and export capacityNew Delhi: Bikaji Foods International Ltd. has announced the acquisition of a 55% equity stake in Ariba Foods Private Ltd., a leading Ujjain-based company specializing in snacks and frozen foods like samosas,...

E-comm concerns: CEO says ONDC a technological solution to prevent mkt concentration

Goyal on Wednesday flagged concerns about the social repercussions of the growing role of e-commerce platforms in the small traders-dominated economyNew Delhi: State-promoted Open Network for Digital Commerce (ONDC) on Thursday pitched as a medium to "prevent market concentration",...

FSSAI orders removal of A1, A2 milk claims from products

The Food Safety and Standards Authority of India (FSSAI) said these claims do not conform with the Food Safety and Standards Act, of 2006New Delhi: Food safety regulator FSSAI on Thursday directed food businesses, including e-commerce players, to remove claims...

Blackberrys partners with Myntra to further its footprint across the country

This strategic collaboration will enable Blackberry to expand to newer geographies New Delhi: Menswear brand Blackberrys announced its strategic collaboration with e-commerce platform Myntra on Thursday. With this collaboration, Blackberrys aims to expand its reach beyond its more than 380 exclusive...

Uppercase raises $9mn series B round with Accel

With the $9 million series B round led by Accel, Uppercase’s total funding now reaches Rs. 150 crores since its inception three years back New Delhi: Luggage brand uppercase has raised $9 million in its Series B round led by...

Amazon’s investment in India to make up for its losses; not to support Indian eco: Goyal

The minister alleged that these companies only re-route all the businesses through an entity to show that it is B2BNew Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of a $1 billion investment in India,...

Online vendors generated 15.8 million jobs in India: e-commerce report

The report noted that two of the most widely recognised contributions of e-commerce penetration in the retail sector are --growth in employmentNew Delhi: Online vendors have generated 15.8 million jobs in India, including 3.5 million for women, with about...

FSSAI launches project to address microplastic contamination in Indian food products

The Food Safety and Standards Authority of India (FSSAI) has launched an innovative project to tackle the growing concernNew Delhi: Food regulator FSSAI has launched a project to assess microplastic contamination in food products and develop methods for its...

Reliance Retail’s Azorte opens in Vadodara

The new store is located at Genda Circle New Delhi: Azorte, a premium fashion and lifestyle store chain by Reliance Retail, has opened a new store in Vadodara, a social media post by the company said on Friday. The new store is...

Future Consumer narrows down Q1 loss to Rs 15.8 crore

It had reported a net loss of Rs 24.40 crore in the April-June period a year ago, according to a regulatory filingNew Delhi: Future Consumer Ltd (FCL) on Wednesday reported a narrowing of its consolidated loss to Rs 15.79 crore...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030

The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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