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Companies

Recode Studios To Acquire 51% Stake In Premium Beauty Brand Aflairza

The proposed acquisition will be executed in two phases, combining a secondary purchase of shares from the existing promoters and a primary capital infusion into the business

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E-commerce & Marketplaces Uncategorized

Instamart Adds Household LPG Delivery Through HPCL In Bengaluru

Instamart partners with HPCL to launch on-demand LPG cylinder delivery in Bengaluru, offering the new 10 kg HP Navya composite cylinder and 5 kg metal cylinder through its quick commerce platform.

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Food & Beverage.

CCPA Fines Chaayos Rs 50,000 Over Default Service Charge

CCPA imposes a Rs 50,000 penalty on Chaayos for automatically adding service charges to customer bills, directing the café chain to refund the complainant and remove the default billing feature

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Food

Noor Mohammadi, Shalimar Among Three Mumbai Restaurants Suspended By FDA

Maharashtra FDA suspended the licences of Noor Mohammadi Hotel, Shalimar Hospitality and Rehmania Restaurant over repeated food safety and hygiene violations.

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Food & Beverage.

Jubilant FoodWorks Gets Rs 46.9 Cr GST Notice, To Challenge Demand

Jubilant FoodWorks has received a Rs 46.9 crore GST show cause notice over the classification of input tax credit reversal. The company said it will challenge the notice and expects the proposed demand to be dropped.

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Companies

Udaan Secures $160 Million In Structured Financing Ahead Of IPO Plans

Udaan has secured USD 160 million through fresh equity, debt financing and debt-to-equity conversion to strengthen its balance sheet and simplify its capital structure ahead of its public listing plans

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Food

Karnataka Permits Late-night Restaurant Operations For FIFA Matches

Hotels and restaurants across the city can remain open until 3.30 am on 14, 15 and 19 July to host screenings of the FIFA World Cup semi-finals and final.

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Retail

YatriKart Opens First Store In Delhi NCR, Aims For 5,000 Stores Nationwide

The expansion will focus on high-footfall transit and commuter locations, including metro stations, petrol pumps, corporate offices and hospitals

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E-commerce & Marketplaces

Amazon Scores Big With Multi-Category Football Shopping Festival

Amazon India has launched a Football Fest storefront featuring sports gear, electronics and home products as it seeks to drive cross-category sales during the football season.

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Health & Beauty

Yes Madam Completes 30,000 Instant On-Demand Bookings In First Month

Yes Madam has launched instant spa services across all its operating cities and instant salon services in select metros, with average fulfilment times currently below 30 minutes   Yes Madam, India’s at-home salon and wellness platform, has launched instant salon and spa services, bringing trained beauty and wellness professionals to customers’ homes within minutes. The […]

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