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B2C commerce startup Wheelocity raises $15 million from Lightspeed, others

The new funding will support Wheelocity’s plans to expand operations across 20,000 towns and villages in southern India over the next year, aiming to reach a user base of 10 million.




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FSSAI steps up scrutiny on quick commerce companies over product shelf life

India's food safety regulator directed e-commerce and quick commerce companies to follow shelf life guidelines for packaged food deliveries. The regulator emphasized a minimum remaining shelf life of 30% or 45 days upon delivery. This action follows complaints about companies not disclosing expiry dates. The regulator stressed the importance of clear expiry dates and adherence to labeling regulations.




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US says it intends to shore up support for Ukraine until Trump takes office




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Prices up, but wedding season boosts demand for kirana items

Indore's Siyaganj market is experiencing a surge in demand for groceries ahead of the wedding season, despite significant price increases in edible oils, pulses, and grains. Traders anticipate an 8-10% rise in business compared to the previous year, driven by bulk orders from caterers and increased individual purchases.




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Goldman Sachs look to join hands with Bhartias of Jubilant for HCCB stake buy, to finance upto Rs 3500 cr

The Bhartia family and Goldman Sachs are joining forces for a significant deal. They are planning to acquire a large stake in HCCB, the bottling arm of Coca-Cola in India. Goldman Sachs will provide substantial financial backing for this venture. The deal involves a planned future listing of HCCB, allowing Goldman Sachs to exit strategically. This move mirrors PepsiCo's successful strategy with Varun Beverages.




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D2C startup Wakefit records 24% jump in its FY24 revenue

Wakefit cofounder Chaitanya Ramalingegowda attributed the increase in revenue to the company’s focus on strengthening its omnichannel presence, with some stores reaching maturity and a new wave of outlets opening, along with the benefits of an automated mattress factory.




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Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue

Rentomojo reported a 60% rise in operating revenue to Rs 193 crore in FY24. Controlled rise in expenses during the year saw net profit surge more than threefold to Rs 22 crore last fiscal from Rs 6 crore in FY23.




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Borosil Group aims to cross Rs 7,000-cr revenue in next 4 years

Borosil plans to invest Rs 250 crore for expansion and capacity augmentation to meet the demand, in which it intends to invest about Rs 150 crore on a new plant in Gujarat for Borosil Ltd, which is in the business of products such as glassware and cookware, said Kheruka. Besides, at its Jaipur unit, where Borosil has already invested Rs 450 crore to expand the production capacity, it has plans to invest Rs 100 crore for debottlenecking to improve efficiency and increase capacity further.




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Tupperware cancels auction, agrees to lender takeover

Tupperware Brands agreed to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, avoiding an open-market auction. The sale comes after Tupperware filed for bankruptcy with $818 million in debt and faced opposition from some lenders regarding its proposed auction.




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Tupperware gets court approval for lender sale

Tupperware Brands has been granted approval to sell its assets to its lenders, enabling the company to exit bankruptcy. Unable to find a buyer to pay off its $818 million debt, Tupperware will transfer its brand name and key assets to investment firms Stonehill Capital Management Partners and Alden Global Capital. The company plans a digital-first, asset-light business model post-bankruptcy.




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Stove Kraft Q2 profit marginally up; total income rises to Rs 416.45 crore

Commenting on Q2 performance, Stove Kraft's managing director Rajendra Gandhi said, “With positive market momentum supporting us, we remain committed to driving volume and value growth in revenue and margins in the upcoming quarters." He further said that ​​the company's expansion of Pigeon outlets through the COCO and COFO model has been promising. During this quarter, the firm added 22 new stores, bringing our total to 213.




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Eureka Forbes Q2 Results: Net profit shoots up 83% YoY to Rs 46 crore, revenue up 27%

Eureka Forbes reported an 83.2% YoY rise in Q2 net profit to Rs 46.67 crore, with revenues up 27.6% to Rs 672.87 crore. Growth was driven by product innovation, increased marketing, and early festive season demand.




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Godfrey Phillips India Q2 Results: Net profit up 23% at Rs 248.31 crore

Cigarette maker Godfrey Phillips India Ltd on Monday reported a 23 per cent rise in consolidated net profit to Rs 248.31 crore in the second quarter ended September 30, 2024, fuelled by higher sales.




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Bhutani Group acquires Logix City Center in Noida

Bhutani Group acquired Logix City Center for nearly Rs 1,000 crore. The deal includes 1.2 million sq ft of retail, office and hospitality space. Bhutani Group also secured land with potential for a 600,000 sq ft residential project. The company recently won a bid to develop Film City near Noida's upcoming airport.




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Parag Milk Foods Q2 net profit rises 15.9%; revenue up at Rs 871.31 crore

Parag Milk Foods reported a 15.9% rise in consolidated net profit, reaching Rs 29.21 crore in the second quarter ending September 2024. This compares to Rs 25.19 crore during the same period the previous year. The company saw a 10% volume growth and a 9% value growth. Total revenue from operations increased by 9.2% to Rs 871.




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China's Haier Group plans JV with JSW Group envisaging Rs 1K cr investment

Chinese appliance giant Haier Group has submitted a proposal to the Indian government to form a joint venture with India's JSW Group. The proposed venture represents a significant investment of Rs 1,000 crore and requires government approval due to Haier's Chinese origins. This move comes after JSW's recent joint venture with Chinese automaker SAIC Motor.




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Blue Star Q2 profit up 36% to Rs 96 crore

"During the quarter, the company maintained the growth momentum established in the first quarter. A strong performance across all major segments, supported by a robust order book, reflects increasing demand for its diverse product portfolio," said an earnings statement from Blue Star.




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Apple Inc sets up first subsidiary in India for R&D

Apple established a new subsidiary in India, Apple Operations India, marking its first direct presence in the country. This subsidiary will focus on research, design, testing, and providing support to third-party manufacturers. This move signifies Apple's commitment to expanding its operational footprint in India beyond assembly and sales.




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DOMS Industries' net profit up at Rs 42.79 crore in Q4 FY24, YoY standalone revenue grew to Rs 362.4 crore

​​Santosh Raveshia, Managing Director, DOMS Industries Limited said, "As we conclude FY24, we are pleased to report on a period marked by significant achievements and strategic initiatives that have reinforced our strong position in the stationery and art materials market. We continued seeing positive business traction resulting in robust sales growth coupled with further elevation of margins, reflecting upon the strength of the ‘DOMS’ Brand to connect with its consumers."




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Lenskart cuts loss by 84% in FY24, revenue up 43% to Rs 5,428 crore

The Temasek and SoftBank-backed company’s operating margins also grew significantly, with Lenskart clocking an Ebitda of Rs 856 crore in FY24, against Rs 403 crore in the previous fiscal. In an interview with ET in October, Lenskart’s founder and chief executive officer Peyush Bansal had said the company is making a $200-million investment in its new manufacturing facility in southern India.




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Fashion retailer Pernia's Pop-Up Shop eyes ₹250 crore in pre-IPO funding

Pernia's Pop-Up Shop is raising funds for its initial public offering. The company plans to use the funds to expand its retail network and become debt-free. The retailer aims to open more stores in Mumbai and Delhi. Pernia's Pop-Up Shop sells designer wear from various brands. The company achieved significant revenue growth in the last financial year.




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Kalyan Jewellers Q2 PAT dips 3.3%; YoY revenue up 37.3% at Rs 6,065.4 crore

Kalyan Jewellers saw a 3.3% dip in consolidated net profit, reaching Rs 130.32 crore in Q2 FY25, compared to the same period last year. Despite this, revenue from operations rose to Rs 6,065.4 crore, contrasting with Rs 4,414.53 crore in Q2 FY24. Ramesh Kalyanaraman, executive director of the company said, "We recorded SSSG in excess of 20 per cent for the Diwali minus 30 days period when compared to the base year. ​​We are upbeat about the ongoing wedding season across the country and hope to end the calendar year on a very strong note."​​​​




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Mankind may end up spinning out a winner in consumer brands unit

Mankind Pharma is spinning off its consumer brands business into a wholly-owned subsidiary, aiming to increase its revenue contribution. Similar moves by Sanofi, Cipla, and Zydus Lifesciences have yielded benefits. Mankind Pharma seeks to unlock investor value through focused marketing and potential stock market listings.




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Nutrition startup Nutrabay forays into ayurvedic market, launches Shilajit

He further claimed that the product is launched at a 15 per cent lower price compared to the existing products in the market. “We are retaining lower margins than other brands and it works for us, as we spend much less in marketing,” commented Shreyans Jain, co-founder, Nutrabay.




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ET Exclusive: Estée Lauder will soon start local manufacturing in India, says executive group president

The beauty giant, which manufactures makeup, skincare, perfumes, and hair care products, has been in India for close to 20 years now. It had first launched MAC in the country, followed by Clinique, Estee Lauder and recently The Ordinary—its premium affordable range aimed at recruiting younger consumers.




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Gillette India Q1 Results: Profit rises 43% to Rs 133 cr, revenue up 17%

Grooming products maker Gillette India Ltd on Monday reported a 43.5 per cent rise in profit to Rs 133.01 crore for the quarter ended September 2024, led by a broad-based growth. The company, which follows the July-June financial year, had reported a profit of Rs 92.69 crore in the corresponding quarter of the preceding year, according to a BSE filing from Gillette India.




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Elf Beauty lifts annual forecasts on resilient cosmetics demand, shares up

Net sales rose 40% to $301.1 million for the quarter ended Sept. 30, compared with analysts' average estimates of $285.8 million, as per data compiled by LSEG.




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FirstCry founder and CEO Supam Maheshwari's monthly compensation drops by over 50%

FirstCry's CEO Maheshwari saw a 49% compensation drop. The company plans an IPO, approaching SEBI. Employee benefits decreased, with a Rs 23,000 crore valuation and an expected IPO of $3.5-3.75 billion.




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Homegrown toy startup Jammbo eyes a revenue of Rs 150 crore in FY25

Jammbo, founded in 2023, presently has about 50 products in its portfolio, focusing on ride-on battery toys such as electric cars and bikes. It aims to expand its portfolio to over 200 products by the end of the current fiscal year. The startup has set up its global presence by entering the UAE market. Further, it plans to expand to the U.S. and the U.K. markets this fiscal.




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MoS Prasada suggests toy industry to support artisans, nurture creativity

Union Minister calls on domestic toy industry to back artisans and foster creativity at Toy CEO Meet. Global players like Walmart and Amazon join hands for collaborations. Government measures boost local manufacturing. Stakeholders discuss investment opportunities in India's growing toy market.




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Baby food startup Bebe Burp raises Rs 8 crore in Pre Series A funding

Baby food startup Bebe Burp shared that it will utilise 60 per cent of the fund for growth, 20 per cent for operations, 10 per cent for product development, and the remaining for team building for a coherent production.




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Funding cycles come and go; great teams persist, compound value for shareholders: FirstCry’s Supam Maheshwari

We'll continue to invest in our brand, technology, products, and grow our offline online touchpoints. We are going to open around 350 stores over the next three years and grow our multi-channel competitive strengths. We will also enhance our in-house brands and their distribution through pharmacies and grocery stores. We also plan to invest in manufacturing, international markets and Globalbees, our brand aggregator platform,Supam Maheshwari, cofounder and CEO of FirstCry said.




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We were at it for 14 years: FirstCry CEO Supam Maheshwari on stellar market debut

“Subscription, oversubscription, listing gains, do not matter much to me, personally. What matters is this milestone of launching the IPO, which gives a feeling of accomplishment to all our families, and extended families. I am sure performance will always proceed when it comes to the outcome in terms of numbers on the stock market. So, that is okay,” Supam Maheshwari, cofounder and CEO of the Pune-based company, told ET on the sidelines of the listing ceremony.




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Emerging Groups

Cumbia Ninja and its album The álbum, as a result of the join between Fox and Sony Music, it will include 17 songs written by the scriptwriter of the series, Andrés Gelós. Mexico City (04/OCT/2013) . The songs more representatives of the series “Cumbia ninja” will can be able acquired by the album that will be produced in the middle of this month. As an advance of this new record production, the songs “Ojos en la espalda” and “Ceviche” can be acquired by a download portal for throughout Latin...





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Setting up and moderating a Mastodon instance (but not hosting) (Remote)

This is very speculative. I am assisting a faculty member where I work with the idea of establishing a Mastodon server (hosted by the university) to support a specialized intersection of a particular equity-seeking group and an area of study. The work would be to help run the server, and possibly promote it -- a combination moderator and marketer, both making sure the community is running smoothly and also reaching to people to encourage them to join. If this seems interesting to you, and in full knowledge that this might go nowhere, I'd love to hear about your moderation experience, how many hours a week you think you'd be able to put into the project, and your pay per hour expectations (in USD).




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Federal Gov't Administrative Support Specialist (445 12th Street SW Washington, DC 20024-2101)

Want to work at one of the Federal Government's "Best Places to Work" and protect the retirement security of millions of workers and retirees? The Pension Benefit Guaranty Corporation's (PBGC) Office of Policy and External Affairs (OPEA) is looking for a DC-area Administrative Support Specialist. The GS-11 position will: Provide administrative support for PBGC' s Advisory Committee, comprised of Presidentially appointed members, including travel, budget, payroll, speaker presentation coordination (including audio/visual support) and meeting preparation. Manage Congressional Correspondence tracking system in a confidential capacity and handling sensitive Congressional correspondence. Work closely with leadership to coordinate a variety of essential services through various PBGC organizations, e.g., budget, procurement, human resources, information technology, etc. Perform research assignments, special projects, and a broad range of administrative functions, including matters of a sensitive nature, for leadership as necessary in executing the missions of the office. The candidate is required to be on-site at least one day per week and may be asked to be onsite to support in-office staff for special meetings and events as needed.




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Boston: AVID Quartet setup instruction (700 Boylston Street, Boston MA)

I am currently trying to start a GarageBand project on a Mac, but am having problems with the AVID Quartet preamp (?) on this computer. (This is a borrowed computer and I can't disconnect the Quartet.) Is there anyone in the Back Bay/Copley area who can come in for an hour or two and help me get this set up so I can record?




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Cinema Chat: 'Trap' hits the multiplex, 'Kneecap' and 'Coup!' open at the Michigan Theater

After a month-long vacation, Russ Collins made his return to the WEMU studio for Cinema Chat! Along with a few travel stories, Russ shared what's coming to the silver screen in the coming days with WEMU's David Fair.




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Armed Neighborhood Groups Form In The Absence Of Police Protection

Cesia Baires knocks on the three apartment doors above her restaurant and a neighboring taqueria just before curfew. A woman opens the door. Her two young children are inside. "Remember," she says to them in Spanish. "Same thing as yesterday. I'm going to come check on you. If there's anything you guys need, give us a call right away." Meanwhile, a few men climb through the window and on to the roof to set up semi-automatic weapons as the curfew begins in Minneapolis. It's something Baires never thought she would have to do as a small-business owner, but then she found out these apartments were occupied. "Material things we can replace, that's true," she says. "But there are families up here. These aren't empty buildings." A car drives by boarded-up businesses as it crosses Lake Street in Minneapolis. Volunteers, sometimes armed, are working together to protect homes and businesses. Jim Urquhart for NPR As break-ins and fires raged in the first days of mass protests over the killing of




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Twin Cities Area Police Forces Loaded Up On War Surplus Under President Trump

When protests erupted in Minnesota following the death of George Floyd — the black man who died after a white Minneapolis policeman kneeled on his neck for nearly nine minutes — many of the law enforcement agencies from the Twin Cities metropolitan area that responded were recent beneficiaries of free excess military materiel from a Pentagon program originally meant to support counter-narcotics and counter-terrorism operations. At least 10 police departments in the Minneapolis and St. Paul suburbs have obtained either all or nearly all of their Department of Defense military-grade equipment — ranging from $13.56 cartridge magazines to hulking personnel carriers with original price tags surpassing $700,000 — during the first three and a half years of the Trump administration. That haul was part of more than $1 billion worth of military equipment transferred to police and sheriff departments since 2016 under what is commonly known as the 1033 program, named for the section of a 1997




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NYC To Crack Down On Mystery Fireworks That Are Fraying Nerves And Disrupting Sleep

As mysterious displays of fireworks continue to be set off across the country – in Chicago, Philadelphia, Boston, Los Angeles – residents in New York City say the nightly cacophony is driving them nuts. "It's kind of been a bit all-consuming to be honest," said Brooklyn resident Eric Anderson, 33. "I go to bed hearing it. I get woken up hearing it, and then on my Twitter feed all anybody is doing is talking about it." In New York City, the police department said there were 54 fireworks complaints in the first half of last year. In the same period this year, there have been more than 11,000. It's illegal to set off your own fireworks in New York, and Mayor Bill de Blasio has said the city is going to crack down on suppliers. "We're going to start a huge sting operation to go and get these illegal fireworks at the base," he said. Last week he appointed a task force made up of officers from the New York City Police Department, fire marshals and members of the Sheriff's Bureau of Criminal




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Upcoming ‘Dundee Village’ To Offer Safe And Sanitary Sanctuary For Savannah’s ‘Roofless’

When COVID-19 hit Savannah, city leaders were particularly concerned about the homeless population — or “roofless people,” as 3 rd District Alderwoman Linda Wilder-Bryan prefers. Her drive to help people who couldn’t get into shelters led to a proposal for “ Dundee Village .” Now, plans are underway for a safe and sanitary complex of tents – which will later be converted to livable shipping containers – to house people displaced by the pandemic and at risk of contracting COVID-19 on the streets.




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MeFi: Some have Grape-Nuts thrust upon them

But making a breakfast cereal was not the original intention of Charles William Post, the founder of the Postum Cereal Company (better known these days as Post). After a stint at the Kellogg sanitarium in Battle Creek, Post started his own local company to sell health drinks, namely the caffeine-free coffee substitute called Postum. Grape-Nuts were actually intended to become a beverage, as well. But Post decided that Grape-Nuts would instead be marketed as the most super of all superfoods. from The Unlikely Popularity of Grape-Nuts Ice Cream [Atlas Obscura]

More on bisque ice cream




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2016 RNC Delegate: Trump Directed Change To Party Platform On Ukraine Support

Updated at 3:36 p.m. E.D.T. on December 4. President Trump may have been involved with a change to the Republican Party campaign platform last year that watered down support for U.S. assistance to Ukraine, according to new information from someone who was involved. Diana Denman, a Republican delegate who supported arming U.S. allies in Ukraine, has told people that Trump aide J.D. Gordon said at the Republican Convention in 2016 that Trump directed him to support weakening that position in the official platform. Ultimately, the softer position was adopted. Denman is scheduled to meet this week with the House and Senate Intelligence committees to discuss what she saw, said two sources familiar with the briefings. Investigators in Congress and elsewhere want to ask the San Antonio-area woman about how her proposal supporting Ukraine changed in the course of last year's convention. People familiar with the story described it to NPR. Robert N. Driscoll, a Washington-based lawyer for Denman




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Legendary Producer Ron Nevison Seeking Artists to Produce and Songs for Upcoming Projects

Legendary producer/engineer Ron Nevison whose credits include The Rolling Stones, The Who, Led Zeppelin, Kiss, Ozzy Osbourne, Bad Company, Barbra Streisand, Jefferson Starship, Chicago, Styx, Heart, Damn Yankees, Thin Lizzy, and more is seeking new artists or bands to produce, as well as songs for Upcoming Projects.

Note that most projects will require funding which will be discussed in detail if we move forward.




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Pop-Up Music Needs Pop Music

Pop-Up Music needs 'Pop' Music to add to their roster.

We are after all genres of Pop music past and present from 1960's(USA Bubble-gum-Pop would be so cool), 1970's{some original Disco or Glam Rock would be amazing), 1980's(bring on some New Romantic) up-to present Pop - Indie Pop, Electro Pop, Indie Folk, Electro Swing, Dubstep.

This opportunity is for an exclusive contract with a term - all submissions must be 100% owned by the writer/writers.

We look forward to your Pop submissions




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Pop-Up Music is seeking Indie Pop songs for TV, Films, & Ads

Seeking Electro Pop/Indie Folk/Indie Electro. All contemporary styles of Pop welcome.

This opportunity is for an exclusive contract with a term - all submissions must be 100% owned by the writer/writers.

The Pop-Up Music team look forward to your Pop submissions.




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Pop-up Music are seeking new tracks within specific genres

We at Pop-up Music are seeking new tracks within specific genres for an exciting new worldwide opportunity.

We need URGENTLY Brit Pop, Ballads (of all genres) Trip Hop, Ska (50's to 80's) Electro Swing, House, 80's 90's Dance, Disco (70's) Contemporary Pop with 80's influence, Funk, 1960's (Any original tracks from back in the day) and Lounge.

This opportunity is for an exclusive contract with a term - all submissions must be 100% owned by the writer/writers.

We look forward to your submission

Thanks in advance,
the Pop-up Music Team.




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Pop-Up Music is seeking Electronic Music in all genres

We at Pop-Up Music are seeking Electronic music in all genres. Ideally tracks that were created at the time and geographically genre specific. Late 80's Chicago House to contemporary Eletro Pop.

Ambient, Ambient dub, Breakbeat, Baltimore Club, IDM, House Music, Chicago House, Electro Swing, Bitpop (Video Game Music), Trap, 1980's Hip Hop - Break Dance, Electronic pop, Indie electronica, Dream Pop... and all the other forms of Electronic music - if it's good we'll take it!

This opportunity is for an exclusive contract with a term - all submissions must be 100% owned by the writer/writers.

The Pop-Up Music team looks forward to your submissions!

Many thanks,
The Pop-Up Music Team.