InCred Equities estimated that Ecom Express handled 430 million of shipments in FY2024 accounting for 58% of Delhivery’s shipments, while its sales were 51% of Delhivery’s express sales
Author: Mansi Jaswal
Patanjali Foods invests Rs 25 crore in wholly-owned subsidiary ‘Contemporary Agro’
According to the Bombay Stock Exchange (BSE) filing, Patanjali acquired 2,50,00,000 equity shares of CAPL on September 23
Retail sector growth drops to 2% in August 2024, despite positive economic outlook
Of the different retail categories, food and grocery registered the highest growth of 7%, followed by 5% in jewellery compared to August 2023
ONDC increases marketing costs to Rs 91.73 crore in FY24
ONDC shares discounting costs or incentives that the network participants such as Ola, Magicpin, Paytm, and others offer to their end buyers
LinkedIn uses users’ data to train AI models
LinkedIn said that whenever it relies on user data for training purposes, it seeks to minimize personal information. The company relies on privacy-enhancing technologies to redact or remove personal data
MTR Foods’ parent firm Orkla India eyes public listing: Report
Orkla ASA, the Norwegian investment company entered India in 2007 by acquiring packaged food company MTR. In 2011, Orkla India also bought Rasoi Magic, a 100% subsidiary of MTR
Five-star hotel chain ‘The Leela Palace’ to file for Rs 5,000 crore IPO soon: Report
The share sale of The Leela Palace will be managed by eleven investment banks such as Kotak Mahindra Capital, JM Financial, BofA Securities, Morgan Stanley, JP Morgan, Axis Capital, Citi, ICICI Securities, IIFL Capital, Motilal Oswal and SBI Caps
BL Agro Group signs MoU | Toxic work culture | SC’s YouTube channel hacked
Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
‘Helping to shape our company into a magical place’: New Nike CEO’s first words to staff
Elliott Hill will replace John Donahoe as the top boss of the global sneaker and sportswear brand on 14 October.
S4 Capital’s revenue drops to $498.5 million, debt spikes up in H1 2024
S4 Capital attributed its performance to continued uncertainty around global macroeconomic conditions, high interest rates, and caution from tech clients