Nestle India Q1 net profit up 24.7% to Rs 736.64 Cr, net sales up 20.3% to Rs 4,808.40 Cr

FMCG major Nestle India Ltd on Tuesday reported an increase of 24.69% in its net profit at Rs 736.64 crore for the first quarter ending March 31, 2023.The company, which…

Continue ReadingNestle India Q1 net profit up 24.7% to Rs 736.64 Cr, net sales up 20.3% to Rs 4,808.40 Cr

Zypp Electric, Zomato to deploy 1-lakh e-scooters for last-mile delivery by 2024

Electric mobility startup Zypp Electric on Tuesday said it plans to deploy 1 lakh electric scooters or e-scooters along with Zomato for last-mile delivery by 2024.As part of the tie-up,…

Continue ReadingZypp Electric, Zomato to deploy 1-lakh e-scooters for last-mile delivery by 2024

Welspun One to develop warehousing projects in Tamil Nadu at Rs 700 Cr

Integrated fund and development management platform Welspun One Logistics Parks will develop two warehousing projects in Tamil Nadu at an investment of Rs 700 crore in a joint venture with…

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How enterprise architecture at Lowe’s is shaping retail-tech innovation

At Lowe’s India, the Enterprise Architecture team forms the bedrock of all technology innovation. Led by Mayur Purandar, Vice President, Enterprise Architecture, the team has played a key role in…

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Localise supply chain, reduce costs to catalyse EV growth, says NITI Aayog’s Sudhendu Sinha

Localisation of the EV supply chain is crucial for its expansion, says NITI Aayog's adviser on infrastructure connectivity, transport, and e-mobility, Sudhendu SinhaLocalisation can help make EVs safer, decrease costs,…

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Lokal raises Rs 120 Cr in Series B from Global Brain, Sony Innovation Fund and others

Lokal, a hyperlocal content, community, and classified platform, has raised Rs 120 crore in a Series B funding round from new investors Global Brain and Sony Innovation Fund, with participation…

Continue ReadingLokal raises Rs 120 Cr in Series B from Global Brain, Sony Innovation Fund and others