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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

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Practo elevates Shashank ND to executive chairman, appoints Jagnoor Singh as CEO

Jagnoor Singh joined Practo as COO in January 2025, after senior operating roles at Bharti Airtel, Unacademy and OYO. Practo has also expanded the responsibilities of its leadership team, with co-founder Siddhartha Nihalani appointed COO-B2C and Rowel Coelho, previously head of monetisation, appointed COO-B2B. Co-founder Abhinav Lal has been named chief scientist and will lead the company’s AI research and partnerships. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/practo-elevates-shashank-nd-to-executive-chairman-appoints-jagnoor-singh-as-ceo/134312273

Digital to drive half of Wonderchef's sales in next 5 years, says CEO Ravi Saxena

Wonderchef anticipates digital channels will drive fifty percent of its sales within five years. This growth will significantly outpace traditional retail channels for the brand. The company targets Rs 600 crore in net sales this financial year. New product launches and smart appliances are central to its expansion strategy. Wonderchef is also strengthening its presence in coffee at home and cookware segments. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/home-and-decor/kitchen-and-dining/digital-to-drive-half-of-wonderchefs-sales-in-next-5-years-says-ceo-ravi-saxena/134299851

Rebel Foods reduces net loss by 19 per cent in FY26

The company serves consumers across 120+ cities, while operating multiple leading food brands and categories through a common infrastructure. Rebel Foods said this model helps them serve a broader range of consumer occasions while driving store growth and improving asset utilisation. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/rebel-foods-reduces-net-loss-by-19-per-cent-in-fy26/134261452

CaratLane eyes Australia, UK after gaining traction in US jewellery market

CaratLane is expanding its international reach into Australia and the United Kingdom. The Indian jewellery retailer is also strengthening its digital and physical presence domestically. Australia will see online operations launch to serve the Indian diaspora there. The company plans significant network expansion and portfolio additions in India. CaratLane targets continued robust growth driven by multiple strategic initiatives. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/caratlane-eyes-australia-uk-after-gaining-traction-in-us-jewellery-market/134249647

Gold prices dip as oil-driven inflation concerns weigh

Gold prices witnessed a slight decline, primarily driven by surging oil prices, raising inflation worries among traders. With an 86% probability of a US interest rate hike on the horizon, consumer prices saw a notable rise in August, further solidifying expectations of increased rates. As higher interest rates typically reduce gold's allure, other precious metals also faced downturns on Monday. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/gold-prices-dip-as-oil-driven-inflation-concerns-weigh/134231610

Allied Blenders plans foray into single malt whisky, to invest Rs 115 crore

Allied Blenders and Distillers Ltd will invest Rs 115 crore in a new malt distillery. This facility in Aurangabad will produce single malt whisky and is expected by FY28. The company also approved Rs 10 crore for ongoing projects. These funds address cost overruns and minor expansions for bottling lines. This move strengthens ABDL's premium spirits portfolio significantly. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/allied-blenders-plans-foray-into-single-malt-whisky-to-invest-rs-115-crore/134103459

Apple’s pricing gap takes a bite out of iPhone sales outlook in India

Apple's new iPhone Duo pricing in India is significantly higher than in other markets. Retailers fear this price difference will encourage grey market sales and personal imports. Market researchers have lowered their outlook for Apple's iPhone unit sales in India. Higher prices for existing models also impact demand for older iPhones. This situation creates challenges for Indian retailers and the government's revenue. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/mobiles/apples-pricing-gap-takes-a-bite-out-of-iphone-sales-outlook-in-india/134040656

Furniture rental firm Rentomojo's $133 million India IPO fully subscribed on first day

RENTOMOJO-Furniture rental firm Rentomojo's $133 million India IPO fully subscribed on first day from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/furniture-rental-firm-rentomojos-133-million-india-ipo-fully-subscribed-on-first-day/133990845

'Apple enters late but sets the rules': A $1,999 bet on the foldable market with iPhone Duo

Apple has launched its first foldable iPhone, the iPhone Duo, priced at $1,999. This strategic entry aims to leverage the existing iPhone user base for category growth. Analysts believe Apple's late entry will allow it to shape the foldable market. The company expects to ship ten million units in the first year. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/mobiles/apple-enters-late-but-sets-the-rules-a-1999-bet-on-the-foldable-market-with-iphone-duo/133990170

Flipkart widens lead against Amazon as quick commerce surges

Flipkart is growing its user base faster than Amazon in India. This expands its lead in online retail significantly over recent years. Flipkart's quick-commerce business, Flipkart Minutes, is also scaling up rapidly. It is now handling millions of orders daily, nearing established rivals. The company's user base growth contrasts with Amazon's contracting numbers. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/flipkart-widens-lead-against-amazon-as-quick-commerce-surges/133949529