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Furniture retailer Furnishka raises Rs 27 crore from India Quotient

Furnishka will use the new capital to advance product design and development, strengthen manufacturing and supply chain capabilities, and expand to new geographies. The company will also expand its product categories focused on premium living room, dining room and bedroom collections, open six large-format stores, and create educational content to guide customers.




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Wonderchef eyeing Rs 350 crore in sales this festive season

The brand is expecting at least a 30 per cent increase in corporate gift sales during the festive season, with a growing number of corporate clients opting for bulk purchases.




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'Akzo Nobel open for partnership or India ops sell-off '

Akzo Nobel, Europe's leading paint manufacturer, is exploring options to either partner with a larger company or sell its Indian operations. Akzo Nobel's aim is to navigate the consolidation in the South Asian paint market. The company currently holds a 5% market share in India with its Dulux brand and seeks a collaborative approach for future growth.




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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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Dulux Paints maker Akzo Nobel India's Q2 profit rises on automotive sector demand

Akzo Nobel India reported a 14% increase in net profit to Rs 108.7 crore in the fourth quarter, driven by higher demand from the automotive sector. Despite muted retail demand due to higher rainfall and price hikes, the company's revenue from operations rose 3% to Rs 9.82 billion.




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Nestle, P&G investigate palm oil sourced from illegally cleared Indonesian wildlife reserve

Environmental group Rainforest Action Network (RAN) alleges that palm oil derived from illegally cleared Indonesian wildlife reserves may have infiltrated the supply chains of major brands like Nestle and Procter & Gamble. RAN's investigation, supported by satellite imagery, points to the deforestation of Rawa Singkil Wildlife Reserve for palm oil plantations, potentially jeopardizing endangered species.




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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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Coca-Cola India FY24 profit falls 42% to Rs 420.29 cr; revenue rises 4% to Rs 4,713.38 cr

Coca-Cola India's consolidated profit plummeted by 41.82% to Rs 420.29 crore in FY24, despite a 4.24% increase in revenue, reaching Rs 4,713.38 crore. The company's advertising and sales promotion expenses surged by 35.47% to Rs 1,520.21 crore, while royalties paid to its US parent company also rose.




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Rs 325 or Rs 470? Swiggy share price targets leave investors confused after listing

On its listing day, brokerage firms - Macquarie and JM Financial - became the first ones to initiate coverage on the debutant but came out with polar opposite views. Macquarie's initiating coverage report gave it an underperform rating with a target price of Rs 325, which indicates downside potential of 17% from IPO issue price of Rs 390.




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Air purifier sales stagnate as marketers fail to capitalise on worsening pollution

Despite severe air pollution in Indian cities, particularly in Delhi-NCR, the market for air purifiers and anti-pollution personal care products remains small. Consumers perceive limited tangible benefits and sales spike only during peak pollution periods. While some growth occurs after Diwali, the overall market remains stagnant, with some companies exiting or scaling back operations.




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July-Sept wearables shipment down 30% as brands clear inventory

According to early estimates from Counterpoint, shipments in the wearables industry fell 30% on-year in the July-September quarter with nearly every top brand including Boat and Noise seeing sharp declines in numbers. However, shipments of premium smartwatches and audio products nearly doubled, pushing up the average selling price.




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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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Pencil-maker Doms sets Rs 750-790 price band for Rs 1,200 cr IPO

​​The Umbergaon, Valsad-based company said the issue comprises Rs 850 crore of offer for sale and Rs 350 crore of fresh issue, and will close on December 15. Its chief financial officer Rahul Shah told reporters here that the floor price is 75 times and the cap price is 79 times the face value of the equity shares.




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Online hyper-local marketplace Inknibs plans to deliver stationery in 60-min across select cities

“With this expansion, we are excited to connect with even more individuals and families, offering them a curated selection of products that inspire creativity and enrich everyday life," said Divyanshu Solanki, founder and CEO of the company.




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Pidilite Industries' Q4 Results: Profit rises 6% to Rs 301 crore on lower costs

India's Pidilite Industries , which makes Fevicol adhesives and Dr. Fixit waterproofing products, posted a 6.2% jump in fourth-quarter profit on Tuesday, driven by lower input costs.




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Volume and value growth to converge in second half of Q2FY25: Pidilite

Pidilite Industries Ltd. managing director Bharat Puri expects volume and value growth to align in the second half of Q2 2024, with value growth potentially surpassing volume due to improved product mix. The company reported a 9.6% increase in volume and a 21% rise in net profit to Rs. 571 crores. Export sales were affected by geopolitical tensions and shipping delays.




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DOMS Industries Q1 profit rises to Rs 54.3 crore

DOMS Industries Limited reported strong Q1 FY25 results, with a notable 17.3% increase in revenue and 49.5% growth in profit after tax compared to Q1 FY24. The firm saw improved EBITDA and margin performance. The company also announced plans to acquire a majority stake in Unilcan Healthcare to expand its market.




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DOMS Industries' Q2 PAT rises 42.8% at Rs 53.7 crore

DOMS Industries Limited witnessed a 42.8% surge in consolidated profit after tax, reaching Rs 53.7 crore in Q2 FY25. This growth was fueled by a 19.7% rise in revenue, driven by strong sales in writing instruments, adhesives, and kits. The acquisition of a 51.8% stake in Uniclan Healthcare further bolstered the company's performance.




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India's home textiles industry to see 6-8 pc growth this fiscal

India's home textile industry is set to witness 6-8 per cent growth this fiscal, riding on resilient demand from the US and expansion in the domestic market, according to a report on Tuesday.




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Diwali sees silver lining with 20 year sales record, gold lacks lustre

Indians purchased 220 tonnes of silver during this year's Dhanteras-Diwali. This is the highest amount in two decades. The surge in silver sales is attributed to its rising prices and its appeal as a safe-haven asset. Gold sales, however, declined by 15% this year. Experts predict silver prices will continue to rise.




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Jockey India licensee posts Q2 profit rise on premium demand

Page Industries, the company that holds the license for Jockey and Speedo in India, saw its profit increase by 30% in the second quarter. The company's profit reached 1.95 billion rupees. This growth was driven by higher sales of premium athleisure wear. Despite a general slowdown in consumer spending, demand for these products remained strong.




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Consumer sentiment relatively muted in Q2: Noel Tata, Trent chairman

Trent Limited, a Tata Group company, witnessed a 40% rise in net sales for the quarter ending in September. The retailer's revenue reached Rs 4036 crore, while net profit saw a 46% increase to Rs 423 crore. Despite the growth, consumer sentiment remained subdued. Trent opened 43 new stores during the quarter, expanding its presence to 184 cities.




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ABFRL posts net loss at Rs 214.7 crore in Sep qtr

Aditya Birla Fashion and Retail Ltd (ABFRL) reported a consolidated net loss of Rs 214.70 crore in the September 2024 quarter due to higher depreciation and interest costs. Despite this, the company saw consistent growth driven by newer businesses and established brands. ABFRL recently announced the de-merger of its Madura business into a separate listed entity, ABLBL.




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Secret Alchemist onboards actress Samantha Prabhu as co-founder

Secret Alchemist, a wellness startup focusing on aromatherapy, onboards actress Samantha Prabhu as co-founder after securing $500,000 in seed funding led by Inflection Point Ventures. The company, co-founded by Ankita Thadani and Akash Valia, plans to expand its product line and enhance brand reach with pure-grade essential oils for holistic wellness.




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D2C beauty tools firm Beauté Secrets raises Rs 1.6 crore in debt from Velocity

Beauté Secrets, a D2C beauty tools firm, has secured Rs 1.6 crore in debt from Velocity to expand its presence on quick commerce platforms and introduce new products. Founded in 2010, the company plans to enter major retail outlets and launch new beauty tools, leveraging its sustainable profits for growth and expecting a festive season boost.




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Healthify raises $20 million in round led by Khosla Ventures, LeapFrog Investments

Claypond Capital, Manipal Group chairman Ranjan Pai’s family office, also participated in funding for the health and wellness startup, formerly known as Healthifyme. To date, the company has raised $125 million in primary equity.




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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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Marico-owned Just Herbs eyes rapid expansion, enhances Indian market presence

Marico Limited finalized its acquisition of Just Herbs in September 2024, securing the remaining 40% equity in Apcos Naturals Private Limited, which owns the Just Herbs brand. With this acquisition, Just Herb's expansion momentum is poised to accelerate.




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NARS Cosmetics eyes top 3 spot in India’s luxury beauty market, plans to double retail presence

Highlighting the brand’s expansion trajectory in terms of physical retail presence, Sanjay Sharma, Country Head of Shiseido India said that since launching with 15 touchpoints last year, NARS has already doubled its reach to 30 points in India and plans to double again in the next two years.




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Boldfit gets Rs 110 cr investment from Bessemer Venture Partners

The startup backed by cricketer KL Rahul will use the funds to enhance product innovation and expand its brand presence. The brand sells its products on ecommerce marketplaces, quick-commerce platforms and through its own D2C channel. It plans to open offline stores within the next 12 to 18 months.




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Coty sees annual profit at low end of forecast as mass beauty demand slows

Coty expects lower annual profit than previously forecasted. Demand for beauty products is slowing down in the US and Australia. Consumers are choosing essential products over beauty items. Coty's prestige fragrance segment, however, reported a 9% rise in sales. This is due to new launches such as Burberry Goddess and Marc Jacobs Daisy Wild fragrances.




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Nykaa Q2 Results: PAT jumps 66% YoY to Rs 13 crore; revenue rises 24%

Revenue from operations in the reporting period rose 24% year-on-year (YoY) to Rs 1,875 crore. The company posted an EBITDA growth of 29% YoY to Rs 104 crore in the reporting quarter, while margins improved 18 bps to 5.5%.




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Johnson & Johnson reaches $700 million talc settlement with US govt

Johnson & Johnson has agreed to pay a $700 million settlement to resolve a probe by 42 US states and Washington, DC. The inquiry examined the marketing of their baby powder and other talc-based products, which have faced allegations of causing cancer. The settlement addresses claims that Johnson & Johnson deceived consumers about the safety of its talc products.




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Govt steps help boost toy exports, manufacturing; more work needed: DPIIT Secy

Government initiatives, such as mandatory quality control orders and increased customs duties, have significantly boosted India's toy exports, but further efforts are needed, according to DPIIT Secretary Rajesh Kumar Singh. He mentioned ongoing efforts to include the toy sector in the production-linked incentive (PLI) scheme, with a proposed budget of Rs 3,489 crore, to enhance domestic manufacturing.




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FirstCry set to file final papers for $3-3.5 billion IPO

FirstCry, a baby and mother care product retailer, will list likely at a $3-3.5 billion valuation, sources in the know told ET. FirstCry's IPO will be the second major new-age company to debut on Dalal Street this year, after Ola Electric. The company's offer size remains the same as mentioned in its draft papers.




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IPO-bound FirstCry reports 15% jump in FY24 revenue to Rs 6,481 crore, losses down 34%

FirstCry reported a 15% increase in operating revenue to Rs 6,481 crore and reduced losses by 34% in FY24. The Pune-based firm's international business, which is seeing faster growth than domestic operations, reported a revenue of Rs 753 crore, growing by over 50%. The firm plans to use a significant portion of its IPO proceeds for expansion in Saudi Arabia.




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FirstCry IPO to open on August 6 to raise Rs 1,666 crore

The IPO of Brainbees Solution, known for its kidswear brand FirstCry, will open on August 6. It comprises a fresh issue of Rs 1,666 crore and an OFS of up to 5.4 crore shares. The anchor investor round will commence on August 5, a day before the IPO. The price band will be announced later in the week, as per the company's red herring prospectus RHP filed with Sebi.




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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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FirstCry's parent Brainbees raises Rs 1,886 cr from anchor investors

According to a circular upload on BSE, Brainbees Solutions allotted 4.05 crore equity shares to 71 funds at Rs 465 apiece, which is also the upper end of the price band. This takes the transaction size to Rs 1,886 crore. The IPO, with a price band of Rs 440-465 a share, will open for public subscription on August 6 and close on August 8.




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FirstCry logs 17% rise in revenue, lower loss in Q1 FY25

Floods in the UAE and early Eid, which saw festival season purchases being advanced to early April, hit order volumes for Brainbees Solutions, the parent firm of the baby and mother care product retailer. However, order volumes are now back on track, said CEO Supam Maheshwari.




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Kids brand Tuco Intelligent raises $2 million in funding

Tuco Intelligent, a kids' personal care brand, has secured $2 million in seed funding led by Fireside Ventures and Whiteboard Capital. Founded by ex-Unilever executive Aishvarya Murali, Tuco offers natural and sustainable products for children. The brand emphasizes eco-friendly packaging using reclaimed ocean and landfill plastic.




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Diaper manufacturer Millennium Babycares raises Rs 122 crore from Bharat Value Fund

Millennium Babycares Ltd announced the closure of a Rs 122 crore private placement round with Bharat Value Fund (BVF), which acquired a significant minority stake. BVF is managed by Pantomath Capital and targets a corpus of Rs 2,000 crores. The funds will be used for market expansion in India and internationally.




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2025 Information Sessions

Prospective performers and their families are invited to learn about Pacific Crest, our 2025 season, and auditions. A brief presentation will be followed by an AUA (ask us anything) session. All […]




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Stop Saying Brand Names in Your Podcast! Do These 5 Things Instead

We use many services in the process of podcasting and engaging our audiences, like Patreon, Buy Me a Coffee, SpeakPipe, and more. But saying these brand names in your podcast can overwhelm or confuse your audience and—even worse—break their ability to properly engage with your podcast!

The post Stop Saying Brand Names in Your Podcast! Do These 5 Things Instead first appeared on The Audacity to Podcast.




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When to Use Trailer, Full, and Bonus Episode Types

A while back, Apple introduced the RSS tag to let you mark individual episodes as "bonus," "full," or "trailer" types. Here's what each type means and how you should use them in your podcast-publishing tools.

The post When to Use Trailer, Full, and Bonus Episode Types first appeared on The Audacity to Podcast.






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You MUST Disclose Whenever You’re Compensated!

There are many ways to earn income through podcasting: affiliates, sponsorships, sales, and more. Disclosing when you get compensated is not only the law, but it's also a good way to earn your audience's trust!

The post You MUST Disclose Whenever You’re Compensated! first appeared on The Audacity to Podcast.