Author: Rahul Mehra
News Editor

New Delhi: Licious, India’s leading meat & seafood brand Licious announced its commitment to be plastic-neutral, further strengthening its efforts to grow sustainably and be ‘Responsibly Licious’. Marking the occasion of World Environment Day, the brand shared it has already made strides in this direction by achieving plastic neutrality for FY2022 in association with sustainability partner Recykal, a digital solutions company in circularity and sustainability. With Recykal’s Plastic Neutrality solution, the brand successfully recovered 530 metric tonnes of plastic waste in the financial year 2021-22, offsetting its plastic footprint for the year. Through these arduous efforts, the brand has prevented…

New Delhi: The Indian rupee strengthened by 9 paise to reach 82.31 (provisional) against the US dollar on Friday. This upward trend was supported by the overall weakness of the dollar and a positive performance in the domestic stock market. At the interbank foreign exchange market, the rupee began positively against the US dollar and settled at 82.31 (provisional), marking a 9 paise increase compared to its previous closing rate. Throughout the day, the local currency reached a high of 82.27 and a low of 82.38 during trading. The rupee’s consecutive strengthening over the past two days was attributed to positive…

New Delhi: Farmley, a renowned brand in the dry fruits and nuts segment, recently made an exciting announcement by appointing former Indian Cricket captain Rahul Dravid as its brand ambassador. This strategic collaboration not only boosts Farmley’s image but also reinforces its core values of quality, authenticity, and excellence. Rahul Dravid, an esteemed former cricketer, expressed his enthusiasm about joining hands with Farmley. He acknowledged the growing trend of people embracing a healthier lifestyle and being mindful of the products they consume throughout the day. Consumers today are well-informed and educated, often researching and selecting products that align with their…

Mumbai: Reflecting on the journey that began with the establishment of SENEE TRADER in 2015, the company has experienced remarkable growth from its roots in New York, USA, to expand its reach to Mumbai, India. Over the years, SENEE TRADER has successfully established ten offices worldwide, with a remarkable GP partner base exceeding 20,000 individuals.  Upholding values of integrity, sharing, and win-win partnerships, SENEE TRADER has become a trailblazer in the global investment services industry, driven by its innovative business philosophy. The company’s core values lie in constructing a globally united SENEE Trader team, implementing standardized investment processes, perfecting risk…

New Delhi: SupplyLink by Adcount Technologies Private Limited (parent company of SupplyNote and Posify), the warehousing and logistic solution, along with its sister brand SupplyNote which is one of the leading Food & Beverage (F&B) supply chain automation platform, has empowered Wat-a-Burger to expand from 1 city to 25+ cities. With a vision to offer fusion burgers to Indian consumers in a market dominated by US fast food chains, Wat-a-Burger has expanded to over 65 outlets in 27 cities, including Delhi, Mumbai, Bengaluru, and Ahmedabad. SupplyLink has been an instrumental part of their journey since 2018, when Wat-a-Burger had just four…

Singapore: Shaka Harry, the renowned plant protein company and India’s top performer in the industry, is thrilled to announce its expansion into Singapore, marking its first international market as part of the company’s ambitious growth plan. The company will soon be introducing 15 innovative products at Mustafa Centre Singapore, a four-level retail hub and the iconic shopping mall in Singapore known for its unique 24-hour market-style shopping experience and a wide variety of products and services.  Singapore has emerged as a global hotspot for the alternative protein industry, attracting startups from around the world to develop and launch animal-free alternatives to…

Pune: Tetra Pak, a leading food processing and packaging solutions company, is pleased to announce the appointment of Cassio Simoes as Managing Director of its South Asia Markets. Simoes will be taking over the role effective from June 1, 2023, succeeding Ashutosh Manohar, who will retire following an illustrious corporate career of over four decades, including a 20-year stint at Tetra Pak.  Cassio brings with him a wealth of experience, having held various roles across different businesses at Tetra Pak over the past 20 years. Most recently, he was Managing Director of Tetra Pak Andina. With a strong track record…

New Delhi: Capillary Technologies, a leading provider of customer engagement and loyalty solutions through its software-as-a-solution (SaaS) products, has recently concluded its Series D funding round with an impressive $45 million. The funding round consisted of a mix of debt and equity and was led by prominent investment firms Avataar Ventures, Filter Capital, and Innoven Capital. Aneesh Reddy, the founder and managing director of Capillary, expressed his excitement about the recent funding, stating that it positions the company further to expand its presence in North America and Europe. Additionally, the funding will enable Capillary to pursue strategic acquisitions that align with…

New Delhi: Vedanta Resources, the parent company of Indian mining major Vedanta, has successfully reduced its gross debt to $6.4 billion by paying off all its maturing loans and bonds due in May and June. This significant reduction of $3.3 billion since the company’s deleveraging ambition announcement in March 2022 was confirmed in a stock exchange update. The London-headquartered Vedanta Resources aims to continue reducing its debt burden throughout the remainder of the fiscal year 2024, aiming to lower its gross debt to zero. The company expressed confidence in achieving this target, citing expectations of solid demand, particularly in India, and…

New Delhi: dWallet Labs, a cybersecurity platform, recently made a significant discovery regarding Tron, a popular cryptocurrency. According to reports, the research group found a zero-day vulnerability in Tron’s multisig accounts. This vulnerability allowed an attacker to exploit the multisignature mechanism, enabling them to sign transactions using only a single signature. dWallet Labs took to Twitter to announce the discovery, stating that their cybersecurity research team, known as “0d,” had identified the vulnerability. They emphasized that over $500 million worth of digital assets were at risk due to this flaw. However, they also assured users that the vulnerability had been…