Franchise Business Opportunities In India

New Delhi has notified procedures for online companies undertaking cross-border e-commerce. The government recently allowed foreign-stakes e-commerce firms to hold inventory for exports. Operational procedures for this framework are now notified with immediate effect. These include registration, inventory management, and dispute resolution mechanisms. The Directorate General of Foreign Trade issued this public notice. 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/commerce-ministry-notifies-norms-for-inventory-based-e-commerce-exports/132908534

India's gold market is poised for transformation driven by digitally savvy Gen Z consumers. This generation views gold as a flexible financial asset, fueling interest in digital products. Mobilizing household gold holdings could deepen financial markets and strengthen capital formation. The gold jewellery market is also at an inflection point, requiring innovation and omnichannel experiences. Creating a National Gold Board and Innovation Centre will drive this modernization. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/gen-z-could-unlock-indias-rs-315-lakh-crore-gold-opportunity/132860506

PepsiCo India has removed the word 'energy' from new Sting cans and bottles. This action complies with the food safety regulator's upcoming deadline for the category. Other energy drink companies are seeking an extension from the government. Distributors are already declining existing energy drink stock from companies. The energy drinks market in India is estimated at over thirteen thousand crore rupees. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/pepsi-seeks-to-take-sting-out-of-fssai-order-drops-energy-label/132844623

"When you're handling millions of shipments, transportation is only one part of the problem. The real challenge is planning millions of transactions simultaneously and ensuring every moving part of the network works in sync," Sandeep Deshmukh, co-founder and CEO, ElasticRun told ETRetail. 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/elasticrun-bets-on-ai-led-logistics-as-quick-commerce-reshapes-indias-supply-chains/132817271

E-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This strategy aims to attract more sellers and offer affordable products to consumers. Lower commissions reduce operating costs for merchants, enabling competitive pricing for buyers. Online shopping is rapidly growing in tier two and smaller markets across India. This shift focuses on capturing new customers from non-metro regions for future growth. 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/amazon-flipkart-slash-fees-as-battle-for-smaller-cities-intensifies/132762583

Zepto is seeking Rs 1,000 crore in pre-IPO funding, delaying its public listing plans. The quick commerce startup is targeting a valuation of $4-4.5 billion for this investment round. This valuation is over 30% lower than its previous $7 billion valuation. Zepto aims to close this funding round within a couple of weeks. The company is also likely to trim its original IPO issue size. 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/zepto-delays-listing-looks-to-raise-rs-1000-crore-in-funding/132757868

Modi Illva is investing Rs 150-200 crore to build a new malt distillery. This expansion will also increase capacity and launch new flavored vodkas. The company is also entering newer spirit categories as demand rises. Modi Illva aims to strengthen manufacturing and deepen premiumization strategies. This investment supports their long-term brand building and market expansion plans. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/modi-illva-earmarks-up-to-rs-200-crore-for-malt-distillery-as-premium-spirits-maker-expands-portfolio/132754201

Devyani International has achieved a quarterly profit surge, nearly quadrupling thanks to robust sales performance. As the operator of KFC and Pizza Hut in India, the company recorded a consolidated net profit of 146.5 million rupees, highlighting a dramatic improvement in its fiscal health compared to the previous year. 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/pizza-hut-india-operator-q1-profit-jumps-nearly-4x-on-higher-sales/132706250

Radico Khaitan recorded an impressive seventy-six percent uptick in net profit, reaching Rs 229.60 crore for the June quarter. The company's operational revenue rose by thirteen point two two percent, totaling Rs 5,867.69 crore. This quarter marks a record for the company's volume, top-line revenue, and profitability, significantly driven by a thirty-five point eight percent increase in Prestige and Above brand sales. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/radico-khaitan-q1-results-profit-jumps-76-to-rs-229-crore-revenue-up-at-rs-5867-crore/132697797

Sinha will assume charge on August 3, succeeding Amitesh Jha. 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/instamart-names-former-myntra-chief-nandita-sinha-as-ceo-amitesh-jha-exits/132677984