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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

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Coca-Cola said to mull $1 billion IPO of Indian bottling unit

This move could value the unit at $10 billion, potentially listing next year. The deal signifies a growing trend of global firms listing Indian operations amidst a booming IPO market, despite intensifying local competition. 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/coca-cola-said-to-mull-1-billion-ipo-of-indian-bottling-unit/124642881

Shoppers Stop Q2 loss at Rs 20.1 cr, revenue up 13 pc to Rs 1,256 cr

"Our core business has delivered stupendous growth through a number of initiatives such as premiumisation, developing our own IPs to drive the premiumisation, engagement with first citizen customers, higher enrolment of premium black card customers, increased personal Shoppers Share, etc., resulting in sales public growth of 7 per cent," MD and CEO Kavindra Mishra said. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/shoppers-stop-q2-loss-at-rs-20-1-cr-revenue-up-13-pc-to-rs-1256-cr/124642699

Zepto expands Esop pool by $170 million to over $500 million

The quick commerce startup is looking to float its IPO in the next few quarters. In the run-up to the share sale, it closed a $450 million round of primary and secondary transactions, led by US-based pension fund California Public Employees’ Retirement System (Calpers). 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-expands-esop-pool-by-170-million-to-over-500-million/124619682

Nestle to axe 16,000 jobs as new CEO targets sales growth

Nestle is embarking on a transformative journey, set to downsize its workforce by 16,000 as part of a strategy to amplify sales volumes. Under the leadership of fresh CEO Philipp Navratil, the company is prioritizing growth based on volume while also aiming to tighten its belt on expenses. 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/nestle-to-axe-16000-jobs-as-new-ceo-targets-sales-growth/124597602

Prosus buys additional stake in Ixigo; Peak XV, Elevation sell shares

Dutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an additional 5.33% from existing shareholders Elevation Capital and Peak XV Partners. This follows Prosus's recent 10.1% purchase, marking its first investment in a listed Indian firm and its second major new-age Indian company investment this year. 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/prosus-acquires-more-stake-in-ixigo-peak-xv-and-elevation-sell-shares/124595211

India's wearables firms venture abroad as local market wears a weary look

Indian wearable companies are looking beyond domestic borders for growth. Facing a slowdown in India, brands like Boat, Noise, and Fire-Boltt are entering markets in Southeast Asia, the UAE, and Europe. They are partnering with local distributors and exporting products. This global push aims to offset declining sales in India. 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/consumer-electronics/indian-wearables-firms-expand-global-reach-amid-declining-local-sales/124594933

UNIBIC Foods appoints Ajay Bathija as CEO

UNIBIC Foods has appointed Ajay Bathija as its new chief executive officer. With over 20 years of experience in FMCG and beverages, including extensive leadership roles at The Coca-Cola Company, Bathija will drive strategic growth and market expansion for the company. The chairman expressed confidence in his ability to steer UNIBIC towards innovation and global presence. 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/unibic-foods-appoints-ajay-bathija-as-ceo/124546541

Licious eyes 80 stores by year-end, offline biz nears 1/3 of online revenue

Licious is aggressively expanding its physical store network, aiming for 80 outlets by year-end. This offline push is complementing its online business. The company is also focusing on achieving profitability and has deferred its IPO plans to 2027-28. Licious has also streamlined operations by shutting down its plant-based meat brand, UnCrave. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/licious-eyes-80-stores-by-year-end-offline-biz-nears-1/3-of-online-revenue/124547858

Homedecor startup Livspace’s FY25 revenue rises 23% to Rs 1,460 crore

Livspace, an omnichannel home interiors firm, saw a 23% revenue rise in FY25 to Rs 1,460 crore. Revenue had surged 85% in FY23 and grew 20% in FY24. Ikea-backed Livspace said that the reverse flip of its domicile to India is slated for the year-end. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/home-and-decor/furniture-and-decor/homedecor-startup-livspaces-fy25-revenue-rises-23-to-rs-1460-crore/124542956

Court grants hotel interim stay on GST for eatery services

The Bombay High Court has granted an interim stay on the 18% GST levied on restaurant services within hotels charging over ₹7,500 per day for rooms. The court issued notices to authorities, challenging the tax rate's link to room tariffs, arguing it's arbitrary and disproportionate, especially for walk-in customers. The matter is scheduled for further hearing on November 19. 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/bombay-high-court-interim-stay-on-gst-for-hotel-restaurant-services/124517357