Zomato, a food-delivery and restaurant discovery network, announced its withdrawal from around 225 smaller cities last month in its December quarter results report. “Recently, in the month of January, we have exited around 225 smaller cities which contributed 0.3 per cent of our GOV (gross order value) in Q3FY23 (October-December),” Zomato chief financial officer Akshant […]
TUV Rheinland can start offering audits as part of the ICTI Ethical Toy Program (IETP) with immediate effect. The globally active testing service provider has now qualified to neutrally and independently audit companies’ compliance with the standards defined by the IETP. To become part of the program, TUV Rheinland successfully went through a qualification process […]
The equity market continued with losses on Monday morning as domestic investors anticipate lower retail inflation. In global markets too, investors await inflation data updates, which are expected anytime this week, from both the US and UK. The markets here had opened with slight gains but soon after witnessing volatility and weak cues from global […]
The fabrics from India’s northeastern region, which are known for their sustainability factor and are colourful and diverse in nature, are set to be showcased in the national capital yet again. The sixteenth edition of Celebrating North East, organized under the North East Institute of Fashion Technology (NEIFT) banner, will be held from February 17-19 […]
Bisleri International has been honoured across five categories at the CII Award for Food Safety 2022 to reward its commitment towards best-in-class food safety compliance at its plants. The four manufacturing units of Bisleri International have been awarded in five categories for the avant-grande infrastructure and best practices in food safety. The CII Award for […]
The Revenue, tribal development and horticulture Minister of the state government of Himachal Pradesh, Jagat Singh Negi said that the state government is firm to fulfill the promises made to farmers. He said that the state horticulture department will monitor the private players influencing the farming product in the state in the upcoming days. He […]
Akzo Nobel India reported a 16.22 per cent increase in consolidated net profit to Rs 97.4 crore in the third quarter ended December 2022, owing to margin management and operational savings. Akzo Nobel India reported a consolidated net profit of Rs 83.8 crore in the October-December quarter of the previous fiscal year in a regulatory […]
Plotch.ai, an AI-based digital transformation enabler, has facilitated the launch of e-commerce major Meesho and IDFC First bank on the ONDC platform through its full-stack SaaS solution. Meesho and IDFC First bank have joined ONDC network as buyer app nodes to help bring customers on the network. ONDC, is Government-backed network based on open protocol created to help local commerce across industries […]
Shopify (NYSE: SHOP), a provider of essential internet infrastructure for commerce, has unveiled a major set of 100+ platform updates, with new features that unlock the power of mobile commerce, and meet shifting shopping preferences with a seamless checkout experience A new suite of features for Indian merchants comes as retailers seek new ways to […]
PepsiCo, said on Thursday that its Indian unit achieved “double-digit organic sales growth” in 2022. PepsiCo noted in its earnings report that it had gained market share in beverage and savoury snack markets, including India. PepsiCo’s net sales in the Africa, Middle East, and South Asia (AMESA) business, which includes India, increased 5.9 percent to […]
