Quick-commerce discounts settle at 19-20% as new entrants eye 1,200-1,500 dark stores
The discount war in India’s quick-commerce sector may be cooling. Discounts across major platforms have fallen to 19-20 per cent over the past three to four months from the peak…
Swiggy’s inventory-led shift could give Instamart another margin lever as quick commerce gets tougher
Swiggy’s move to qualify as an Indian Owned and Controlled Company (IOCC) could mark an important shift in the way it operates Instamart, giving the quick-commerce platform the flexibility to…
Isthmus 44 sees untapped opportunity in India’s ultra-premium whisky market
India, the world’s largest whisky-consuming market, is seeing growing interest in independent bottlers and rare single-cask Scotch, with Isthmus 44 betting the category is at the start of a growth…
BCCL stops mining at New Akashkinaree Colliery in Dhanbad after DGMS directive
Coal India arm BCCL has stopped blasting and mining operations at New Akashkinaree Colliery in Dhanbad, Jharkhand, following a directive from the Directorate General of Mines Safety (DGMS).DGMS withdrew permission…
Novo Nordisk tests low-dose Wegovy pill in new weight-loss study
Novo Nordisk A/S is testing small doses of its blockbuster Wegovy pill in a new study that will help establish how low patients can go in their dose and still…
EPSRR, Axton Capital in pact to develop F&B concept in Sri Lanka, Oman
The Kochi-based EPSRR Holdings Private Limited has signed an MOU with Axton Capital, UK to develop and expand food and beverage concepts in Sri Lanka and Oman.The two companies intend…
Escorts Kubota to set up new plant in UP for ₹2,000 cr
Farm and construction equipment maker Escorts Kubota on Wednesday announced a ₹2,000 crore investment to set up a new manufacturing plant in YEIDA industrial area, Uttar Pradesh.The plant to be…
Expect to create 6,440 jobs via ₹1,166 crore investment on 2 units in YEIDA: Spark Minda
Auto components maker Spark Minda on Wednesday said it expects to create around 6,440 jobs through its two new manufacturing units in the Yamuna Expressway Industrial Development Authority (YEIDA) region…
Who is Ammy Virk? Punjabi singer-actor’s car allegedly attacked in Canada, shots fired
A shooting linked to Ammy Virk’s concert tour has led to conflicting reports in Canada. The incident happened in Abbotsford, British Columbia, late on 5 September, after his performance.People inside…
Ammy Virk’s father dismisses Canada Shooting ‘rumours’ involving his son, says family safe and no dispute with anyone
A vehicle associated with a Punjabi concert tour came under fire in a drive-by shooting in Canada's Abbotsford, British Columbia, prompting conflicting claims over whether the artiste Ammy Virk was…
