Skip to main content

Posts

CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Recent posts

FSSAI crackdown in consumer interest, says Britannia chief Rakshit Hargave

Britannia Industries MD Rakshit Hargave backed FSSAI’s crackdown on packaged foods and beverages, saying consumer interests should be protected. Britannia is also strengthening its regional strategy amid rising competition and plans price increases of 1.5-2% in the second quarter. 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/fssai-crackdown-in-consumer-interest-says-britannia-chief-rakshit-hargave/133078648

Godrej Consumer Products Q1 net profit up 11.5 pc to Rs 504.5 cr

Total revenue from operations was up 18.31 per cent at Rs 4,225.47 crore in the June quarter under review. It was Rs 3,571.32 crore in the corresponding period of the last fiscal. 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/godrej-consumer-products-q1-net-profit-up-11-5-pc-to-rs-504-5-cr/133030546

Britannia net jumps 14 per cent, sales touch Rs 5,000 crore in Q1

Britannia Industries saw net profit rise fourteen percent in the June quarter. Sales increased eight percent to five thousand crore rupees during the period. Profit growth outpaced revenue growth as the company managed costs. E-commerce and general trade channels saw rapid scaling and robust expansion. The company remains agile to deliver sustainable revenue growth amid improving demand. 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/britannia-net-jumps-14-per-cent-sales-touch-rs-5000-crore-in-q1/133020092

Commerce ministry notifies norms for inventory-based e-commerce exports

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

Gen Z could unlock India’s Rs 315 lakh crore gold opportunity

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

Pepsi seeks to take 'Sting' out of FSSAI order, drops energy label

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

ElasticRun bets on AI-led logistics as quick commerce reshapes India's supply chains

"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

Amazon, Flipkart slash fees as battle for smaller cities intensifies

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 delays listing, looks to raise Rs 1,000 crore in funding

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 earmarks up to Rs 200 crore for malt distillery as premium spirits maker expands portfolio

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