Retail prices of tomatoes among local vendors rise to Rs 70-80 per kilogram due to low supply Tomato prices have surged to Rs 80 per kg in some retail markets, up from Rs 35 a month ago, due to heavy rains in Himachal Pradesh damaging the road network and reducing supplies to major consumption centres. […]
A surge in digital ordering and expanding customer base to propel the market to Rs 2.12 trillion, claims Bain & Company and Swiggy report India’s online food delivery market is on track to reach an impressive Rs 2.12 trillion by 2030, securing a 20 per cent share in the broader food services market, according to […]
In an interview with BW Retail World, Rahul Bhambri, Co-founder of Michelin-recognised ROOH Restaurant in San Francisco and New Delhi and Pippal Restaurant in San Francisco, spoke about the evolving landscape of Indian cuisine globally, trends and more What motivated the international expansion, and what challenges did you encounter in taking them global? The international […]
Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day. This move has led to a surge in consumer spending, particularly during late-night […]
Suntory India will commence operations in July and will be headed by Masashi Matsumura as Managing Director Japanese multinational brewing and distilling company Suntory has set up an Indian subsidiary to accelerate its business in the country. The new company, Suntory India, will commence operations in July and will be headed by Masashi Matsumura as […]
The above-normal monsoon forecast brings hope for improved Kharif production The government has bought nearly 71,000 tonnes of onion so far this year to add to its buffer stock. It has set a target of procuring five lakh tonnes of onion for price stabilisation and expects retail prices to ease as the monsoon progresses over […]
This comes as the company achieves near EBITDA positivity with 140 per cent year-on-year growth Zepto, India’s fastest-growing consumer internet company, has raised 665 million USD at a 3.6 billion USD valuation in a highly oversubscribed round. Avenir, Lightspeed and Avra joined the company’s cap table as new investors, among others. Existing investors Glade Brook, […]
Hindustan Coca-Cola Beverages approaches top Indian business families for strategic investment as part of expansion plans Coca-Cola India plans to sell a portion of its wholly-owned bottling business, Hindustan Coca-Cola Beverages (HCCB). It has approached the promoters of at least four prominent Indian business families, according to media reports. The potential investors include the Bhartia […]
In the food basket, cereals, paddy, pulses, vegetables, potatoes, onions and fruits spiked Wholesale food prices have skyrocketed month-on-month in May, with official data showing that the Whole Price Index for food rose from 5.52 per cent in April to 7.40 per cent in May. In the food basket, cereals, paddy, pulses, vegetables, potatoes, onions […]
Lotus Bakeries aims to achieve significant visibility and sales growth in India while Mondelez will build upon its presence and expand into the premium cookie space Mondelez International and Lotus Bakeries have entered a strategic partnership to expand and grow the Lotus Biscoff cookie brand in India. Both companies said in a joint release that […]
