Top Stories

Nando’s enters maximum city, set to open 5 outlets

TFW Bureau Dec 20, 2024 - 2 min read

Nando’s, a South African brand known for its signature PERi-PERi flavours, is all set to tingle the taste buds of Mumbai. With plans for an ambitious expansion in Mumbai, Nando’s is set to open 5 Casas (the name affectionately given to Nando’s restaurants which means “home” in Portuguese) across the city, including...

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Zepto elevates Shashank Shekhar Sharma to CXO, Zepto Café

Beny Sachdeva Dec 19, 2024 - 1 min read

Zepto, India’s fastest-growing consumer internet company, proudly announces the elevation of Shashank Shekhar Sharma to the company’s C-Suite as CXO Zepto Café, effective December 2024. In his new role, Shashank will oversee Café operations, footprint expansion, equipment procurement, quality control, and the end-to-end customer experience of Zepto Café, steering it toward becoming a dominant player...

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Amazon exits Shoppers Stop; sells 4 pc stake for Rs 276 cr

TFW Bureau Dec 19, 2024 - 1 min read

US-based Amazon, through its investment arm Amazon.com NV Investment Holdings, sold nearly 44 lakh shares or 4 per cent stake in Mumbai-headquartered Shoppers Stop, as per the block deal data on the National Stock Exchange (NSE). The shares were offoaded at an average price of Rs 627.60 apiece, taking the transaction value to Rs...

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India’s EV Industry Can Grow 10x: Nitin Gadkari

Opportunity India Desk Dec 19, 2024 - 1 min read

Union Minister Nitin Gadkari, speaking at the 8th Catalyst Conference on Sustainability of E-Vehicle Industry (Evexpo 2024), highlighted the immense potential of India's electric vehicle (EV) industry, stating it could grow 10 times its current size. He emphasized the need to capture the global EV market, citing the rising demand for electric vehicles...

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Bata India Partners with Zepto for footwear delivery

TFW Bureau Dec 19, 2024 - 2 min read

In an innovative step to address the modern shopper’s growing demand for convenience, Bata India has joined forces with Zepto, a prominent quick commerce platform, to offer rapid delivery of its fashion and festive footwear collections. The partnership taps into the expanding Quick Commerce market, which is growing at a CAGR of over 4.5 percent, catering...

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Ultraviolette Launches First North India Experience Center in Delhi

Opportunity India Desk Dec 19, 2024 - 1 min read

Ultraviolette, a pioneer in electric mobility, has inaugurated its first Experience Center in North India, located in Naraina, New Delhi. This marks the company’s 12th center launched in 2024, showcasing its commitment to expanding its retail network across India.Named the UV Space Station, the Experience Center offers a one-stop solution for...

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BluSmart Assure Program Hits ₹100 Crore Milestone in First Year

Opportunity India Desk Dec 18, 2024 - 2 min read

BluSmart’s innovative asset-leasing program, Assure by BluSmart, has achieved a significant milestone, reaching a book value exceeding ₹100 crore within its inaugural year. The initiative enables partners to purchase electric vehicles (EVs) and lease them to BluSmart, supporting the company’s mission to expand its emission-free ride-hailing services.

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“Food delivery economy crucial for the country, it generates large-scale employment”

TFW Bureau Dec 18, 2024 - 1 min read

Union Minister Nitin Gadkari has said the food delivery economy is very important for India as it generates large-scale employment. Addressing Zomato’s ‘Sustainability and Inclusivity: Role of the Platform Economy’ conference, the Road Transport and Highways minister said that at present India has 77 lakh delivery workers and this number is likely to touch...

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BMRCL Partners with SUN Mobility to Boost EV Battery-Swapping at Metro Stations

Opportunity India Desk Dec 18, 2024 - 2 min read

The Bangalore Metro Rail Corporation (BMRCL) has joined hands with SUN Mobility to establish electric vehicle (EV) battery-swapping stations at metro stations, enhancing last-mile connectivity for commuters. This initiative is part of a broader effort to promote sustainable urban mobility and has already witnessed significant adoption, with thousands of vehicles utilizing the service...

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Magicpin enters quick commerce with “magicNow” for food delivery

TFW Bureau Dec 18, 2024 - 2 min read

Hyper-local e-commerce firm magician has forayed into quick commerce for food delivery with the launch of its magicNow brand that will work for over 2,000 food brands and 1,000 merchants to start with, the company said on Tuesday. Unlike other quick commerce players, magician will not operate via dark stores for...

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