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TFW Bureau Oct 21, 2024 - 1 min readBakingo, a prominent player in India’s hospitality and bakery sector, has reached a significant milestone with the opening of its 100th kitchen. The brand, known for its online bakery services, continues to grow its presence in cities like Patiala, Jaipur, Meerut, Dehradun, Bahadurgarh, Agra, and Chennai, further enhancing its reach across India's diverse markets. Bakingo's strategic ...
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TFW Bureau Oct 21, 2024 - 1 min readBlinkit, Zomato's quick commerce platform, is set to introduce a new category of high-value items, including jewelry, with a 30-minute delivery service starting next year. Supported by a network of "express dark stores," the initiative is expected to roll out by mid-FY26. This move aims to increase Blinkit's average order value (AOV) and intensify competition ...
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TFW Bureau Oct 21, 2024 - 3 min readBissell, a Michigan US-based homecare solutions provider, has re-entered India with its range of vacuum cleaners after six years, expecting the country to be a “very important market in the future”. Though India is a relatively small market for floor care globally, looking at its demography and growing economy, it is an investment for the ...
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TFW Bureau Oct 18, 2024 - 2 min readIndia’s leading retailer Reliance Retail Ventures Ltd announced the formation of a joint venture with Mothercare plc, a global specialist in products for parents and young children. Reliance Brands Holding UK Limited (RBL UK), a wholly-owned subsidiary of Reliance Brands Limited, will form the JV that will own the Mothercare brand and its intellectual ...
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TFW Bureau Oct 18, 2024 - 1 min readWyndham Hotels and Resorts will soon introduce its budget hotel brand Microtel in the country. Aiming to deepen its presence in India, the world’s largest hotel chain by number of properties has signed an exclusive development agreement with Nile Hospitality LLP and plans to open 40 properties by 2031. “The agreement underscores the company’s commitment to expanding in ...
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TFW Bureau Oct 18, 2024 - 3 min readFMCG major Nestle India Ltd on Thursday reported a marginal decline of 0.94% in its net profit at Rs 899.49 crore for the second quarter that ended September 2024 as some of its key brands faced softer consumer demand and high commodity prices. The company had posted a net profit of ...