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Pan masala makers to pay Rs 1 lakh penalty from 1 Oct for failure to register machines with taxmen

The move to overhaul the registration, record-keeping, and monthly filing of such businesses was aimed at improving GST compliance for manufacturers of pan masala and tobacco productsNew Delhi: The government has notified 1 October as the date for implementation...

Devyani International on track to achieve 2,000 store count this fiscal: Chairman Ravi Kant Jaipuria

The QSR chain operator aims to open 250 to 275 new stores in FY25 across all its brandsMumbai: Devyani International Ltd., the largest franchisee of Yum Brands (KFC & Pizza Hut) in India, is on track to achieve its...

Amazon India top boss Manish Tiwary quits

Tiwary has resigned the e-commerce major after eight years to pursue other opportunitiesMumbai: Country head of leading e-commerce marketplace Amazon India, Manish Tiwary, has quit the company and will be moving on as reported by a leading media. Tiwary...

Chai Sutta Bar opens outlet in Hyderabad

The newly launched CSB outlet is located at Saidabad, K V Ranga Reddy District, Champapet Hyderabad Bengaluru: Quick service restaurant (QSR) chain Chai Sutta Bar (CSB) has opened its latest outlet in Hyderabad, three years after the launch of its...

AbCoffee expands into Bengaluru, opens 7 outlets in one go

The coffee chain will launch another 5 points of sales in Bengaluru this month Bengaluru: Tech-enabled grab-and-go coffee chain AbCoffee has expanded its presence to Bengaluru, following the establishment of 50 outlets across Mumbai and New Delhi, according to a...

New Balance enters Bengaluru

Located on Brigade Road, this marks New Balance’s fifth company-owned store in IndiaBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Bengaluru, located on Brigade Road, one of the city's busiest commercial...

V-Mart Retail Q1 net profit at Rs 12.14 cr, revenue up 15.8% to Rs 786cr

The company recorded a loss of Rs 21.94 crore in the April-June period a year agoNew Delhi: V-Mart Retail Ltd. on Monday reported a profit of Rs 12.14 crore for the first quarter ended in June 2024 against a...

Softbank-backed SaaS platform Unicommerce mobilises Rs 124 cr from anchor investors

Unicommerce has allocated 1,15,23,831 equity shares to 14 funds at Rs 108 apiece, aggregating the transaction size to Rs 124.46 croreNew Delhi: SoftBank-backed SaaS platform Unicommerce eSolutions Ltd. on Monday said it has garnered over Rs 124 crore from...

Ahead of IPO, FirstCry’s parent Brainbees collects Rs 1,886 cr from anchor investors

The IPO, with a price band of Rs 440-465 a share, will open for public subscription on 6 August and close on 8 August New Delhi: Online e-commerce platform FirstCry's parent Brainbees Solutions Ltd on Monday said it has collected...

Allcargo Group elevates Ketan Kulkarni as Deputy MD of Allcargo Gati

Kulkarni assumes the new position after serving as the chief growth officer of Allcargo Group, in the chairman’s office Bengaluru: India-born global logistics conglomerate Allcargo Group has appointed Ketan Kulkarni as deputy managing director of the express distribution and supply...
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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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