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Godfrey Phillips to exit from its retail business division ‘24Seven’

TFW Bureau Apr 12, 2024 - 1 min read

Godfrey Phillips India Ltd announced that it has decided to exit its retail business division being operated under the name ‘24Seven’ after due consideration of the stakeholders’ feedback during its board meeting. “We wish to inform you that following a detailed review of the company’s retail business division being operated under the name ‘24Seven’ and after due ...

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Ghost Kitchens acquires Ahmedabad-based Shy Tiger Brands

TFW Bureau Apr 10, 2024 - 1 min read

Food-tech platform Ghost Kitchens India on Tuesday said it has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands to strengthen its presence in Gujarat. The acquisition comes on the heels of Ghost Kitchens raising $5 million in February 2024 in equity and debt. “The acquisition solidifies Ghost Kitchens’ foothold in the Gujarat market while providing ...

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Blue Star anticipates a 25% upsurge in residential air conditioner sales for the June quarter.

TFW Bureau Apr 10, 2024 - 4 min read

Homegrown cooling products maker Blue Star on Tuesday said it expects up to 25 per cent growth in sales of residential AC in the June quarter, the period which accounts for the highest number of sales due to the temperature rise and heat wave. The company has already witnessed up to a 40 per cent ...

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Livspace says India business becomes cash flow positive on robust growth

TFW Bureau Apr 10, 2024 - 2 min read

Home renovation platform Livspace has become “cash- flow positive” in India business on the back of robust growth in its revenue, a top company official said. India business contributes 80-85 per cent to the company’s total turnover. The company’s EBITDA losses narrowed to 95.35 million Singapore dollar from 96.86 million Singapore dollar during the period ...

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Gargi by PNGS spreads nationwide

Beny Sachdeva Apr 09, 2024 - 2 min read

Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, strategically launched Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in three key locations across India in just a week. This strategic expansion marks Gargi's entry into Chennai (Tamil Nadu), Shillong (Meghalaya), and Kanpur (Uttar Pradesh), further solidifying its ...

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Refections Café on an expansion spree

Beny Sachdeva Apr 05, 2024 - 1 min read

Refections Cafe, a fast-casual American/Continental restaurant opened their 12th franchised cafe at Infinity SK Mall Karkardooma, New Delhi. The brand started its operations in the year 2018 and has taken its count to 12 outlets spanning across four states in India. Rahuul Kakkar, Real Estate Consultant at Space Acquires mentions in a LinkedIn post, ...

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