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India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
D2C snack brand Open Secret raises Rs 50 crore fundingFounded in 2019, Open Secret is a direct-to-consumer (D2C) food brand building what it claims are guilt-free alternatives to cookies, biscu...
Maternal care startup Promom raises Rs 30 crore from Fireside VenturesFounded in 2023 by Manas Tripathi, Anavi Kalia and Aditya Srivastava, the company develops feeding products for new mothers, including brea...
Instamart ties up with HPCL to launch India’s first on-demand LPG cylinder delivery on quick commerceInstamart and HPCL launch India's first on-demand LPG cylinder delivery service. Consumers can now order HP Navya composite LPG cylinders v...
IKEA India plans to double investment to over Rs 21,000 cr by 2030; targets Rs 8,000 cr turnoverSwedish retailer IKEA plans to invest over Rs 21,000 crore in India by 2030. This significant investment will accelerate store expansion an...
No longer just jewellery: How young Indians are rewriting their relationship with goldIndia’s younger generations are increasingly treating inherited gold jewellery as a financial asset rather than a family heirloom. Millenni...
Brands divided on influencers: HUL, Myntra scale creator push; Amul stays old schoolIndian consumer brands exhibit contrasting views on the efficacy of influencer marketing for engaging customers. Companies such as Hindusta...
Companies fold back discounts as cost clouds hang lowCompanies are also putting fewer products on sale, signalling a shift away from aggressive promotions despite ongoing end-of-season sales, ...
Marico targets Rs 15,000 crore revenue in FY27, eyes Rs 20,000 crore by FY30 on premiumisation pushMarico aims for Rs 15,000 crore revenue by FY27 and Rs 20,000 crore by FY30. The company is focusing on premium products and expanding its ...
Gulf companies are set to reveal the unequal toll of Iran warGulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...
India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 croreBanks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as...
Mid-year ecommerce sales set the stage for upcoming festive seasonAmazon began its 10th Prime Day sale on July 4 this year, which was on till July 6. Flipkart’s GOAT sale started on July 4 and is to last t...
Cult.fit IPO: Fitness company files draft IPO papers to raise Rs 950 crore via fresh issueCult.fit has filed draft papers for an IPO to raise up to Rs 950 crore through a fresh share issue, while existing investors will sell up t...
TV distributors push for lower payouts amid falling marginsLeading TV distributors like Tata Play and Airtel Digital TV are pushing for lower content fees from broadcasters. Facing subscriber losses...
Adon Agro Commodities shares list at 12% premium over IPO price on BSE SME platformAdon Agro Commodities experienced a robust stock market debut, listing at a nearly 12% premium on the BSE SME platform, surpassing grey mar...
El Nino impact in sight even as top FMCG firms bet on rising India consumptionIndia's top retail firms anticipate robust April-June revenue growth, fueled by steady consumer demand and improving rural sentiment. Compa...
India's VC ecosystem shifts to monetization-led growth in 2026, backed by AI, Q-commerce infra and domestic tailwinds: BainIndia's venture capital and growth ecosystem is entering a monetization-led phase in 2026, with investors prioritizing capital efficiency, ...
Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big businessIndia's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams...
Supply6 raises Rs 48 Crores, led by Unilever VenturesCurrently generating Rs 75 crore annually, Supply6 aims to reach Rs 100 crore soon. The funding will bolster their range of daily supplemen...