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2024 Retail Recap: Highs and lows explored

A reflection on how 2024 unfolded for the Indian retail sectorNew Delhi: The year 2024 was a mix of opportunities and challenges for India’s retail sector, with aggressive expansions fueling growth on one hand and rising rental, input, and...

Epigamia founder Rohan Mirchandani dies of cardiac arrest

Mirchandani (42), who co-founded Drums Food International in 2013, suffered a sudden cardiac arrest on Saturday.New Delhi: Founder of Drums Food International, the firm behind the popular Greekyoghurtt brand Epigamia, Rohan Mirchandani has passed away due to cardiac arrest,...

Libas opens new bridal store at Omaxe Chowk

The 2,200 sq. ft. store offers a collection of lehengas, sarees, ready-to-stitch ensembles, and the Libas Art CollectionNew Delhi: Ethnic wear brand Libas has launched its exclusive bridal store at Omaxe Chowk, Chandni Chowk, a release by the mall...

The Gourmet Jar eyes international expansion, tapping into tier-2 and tier-3 markets

The brand is on track for a 50–60% growth in sales this fiscal year and is gearing up to raise a larger funding round in the coming quarter. New Delhi: Noida-based all-natural condiment brand The Gourmet Jar which sells preservative-free jams,...

Zepto achieves 120% revenue growth in FY24, reports strong financial performance

Zepto reduced its absolute losses, with PAT as a percentage of revenue improving significantly from -63% in FY23 to -28% in FY24.New Delhi: Quick commerce platform Zepto has announced key highlights from its audited financial year (FY) 24 financial...

Zomato gets Rs 803.4 cr tax demand from GST authorities

The company said it will file an appeal before the appropriate authority as it believes it has a strong caseNew Delhi: Food delivery aggregator Zomato said on Thursday that the GST department in Thane had imposed a tax demand...

HUL appoints Vivek Mittal as Executive Director, Legal & Corporate Affairs

He will join the company's management committee in March 2025, Hindustan Unilever Limited (HUL) said in a statement.New Delhi: Leading FMCG major HUL on Wednesday announced the appointment of Vivek Mittal as Executive Director of Legal and Corporate Affairs.He...

E-commerce, tech startups redefining policies to stay flexible

This analysis is based on Teamlease Services recent 'Employment Outlook Report H2 FY25'New Delhi: E-commerce and tech startups are moving with the market demand by redefining policies and introducing hybrid staffing models to stay flexible amidst fluctuating requirements, TeamLease...

Egg prices surge amid winter demand, export to countries like Bangladesh

The export order for Bangladesh and Malaysia amounts to around 5 crore eggs for November and DecemberNew Delhi: Egg prices have surged by around 25% in the Kolkata market, rising from Rs 6.5 to Rs 8 per piece within...

Wooden Street raises Rs 354 cr in series C funding from Premji Invest

Founded in 2015, the brand operates on a company-owned company (COCO) model, with over 100 experienced stores nationwideNew Delhi: Furniture and home-decor brand Wooden Street has raised a Series C funding round of Rs 354 crore led by global...
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FSSAI asks Patanjali Foods to recall specified batch of red chilli powder

The Food Safety and Standards Authority of India (FSSAI) issued an order in this regard on January 13, the...
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