Tarun Bhagat has been promoted as Chief Marketing Officer, India and South Asia at global beverage giant Pepsico. Bhagat took to LinkedIn to announce his promotion: “I’m excited to announce that I’ll be joining PepsiCo as Chief Marketing Officer, India & South Asia Beverages!” Bhagat was previously the Senior Director of Marketing for Mountain Dew, […]
India’s first live popsicle concept Scuzo Ice ‘O’ Magic has launched its dessert café in SCO NO. 04, Sector – 79, Omaxe World Street, Greater Faridabad, Haryana. “The demand for healthy desserts and food products is increasing and thus, Scuzo has taken the responsibility to emerge as a health-conscious dessert brand that meets the demand […]
Miniratna state-owned manganese ore mining company MOIL on Monday reported a 38.3 per cent drop in its net profit to Rs 80.9 crore for the quarter ended March 31, 2023, against Rs 131 crore in the year-ago period. In FY23, the company made profit before tax (PBT) and profit after tax (PAT) of Rs 334.45 […]
Germany’s economic recession will impact India’s exports from various sectors including chemicals, machinery, apparel and electronics to the European nation. This was stated by Sanjay Budhia, the chairman of the CII committee on EXIM, according to a media report on Sunday. The chairman underlined the impact of the German recession is too early on Indian […]
Unified Payments Interface (UPI) transactions are projected to continue growing steadily and are expected to reach 1 billion per day by 2026-27. This would account for 90 per cent of the retail digital payments in the country. This has been stated in a report titled “The Indian Payments Handbook 2022-27,” released by PWC India. The […]
The world-famous aromatic tea from Darjeeling is experiencing a decline in demand in Europe of at least 10 to 15 per cent from the previous year, a decline that has almost exactly paralleled Germany’s entry into a recession. According to the office bearers of the Indian Tea Exporters Association, Germany is the consuming and trading […]
Pansari Group, a FMCG companay, on Saturday reported a 30 per cent growth in sales volume in the fiscal year 2022-23. Following its recent expansion in the Western and Southern Indian markets, the brand is sufficiently prepared to successfully establish itself in the FMCG industry across India, the company said. According to the company, 70 […]
Vodafone Idea (Vi) has experienced an uptick in discussions with banks, promoters, and external investors to raise funds in recent weeks. Akshaya Moondra, the company’s CEO, revealed that these discussions have gained momentum following the implementation of most provisions of the telecom relief package. It may ne recalled that Vi has been grappling with financial […]
Bharat Heavy Electricals or BHEL, the largest government-owned power generation equipment manufacturer in India witnessed a decline of over 30 per cent in consolidated profit after tax (PAT) for the quarter ended March 2023 (Q4FY23). The profit in the corresponding quarter of the previous year was Rs 912.5 crore, whereas, in Q4FY23, it dropped to […]
Vaibhav Raghuwanshi, founder & CEO, of Himalayan Organics, has been added to the prestigious list of ‘Retail World 40 under 40’ by BW Businessworld. Raghuwanshi, who spearheads the entire business and operations of Himalayan Organics, has built an impressive career trajectory thus far. He is based in Indore, managing the entire business and operations for […]
