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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Liquor bottles may carry stronger health warnings; FSSAI in talks

The FSSAI is in early discussions with liquor companies to implement new warning labels on alcohol bottles. Bombay High Court also issued a notice to FSSAI regarding cancer warnings on liquor bottles. Industry executives argue that existing health warnings are sufficient and additional warnings are unsubstantiated. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/liquor-bottles-may-carry-stronger-health-warnings-fssai-in-talks/117939642

Titan Q3 net profit marginally down to Rs 1,047cr, sales up 26% to Rs 17,550 cr

Titan's jewellery business grew by 26.62% in the December quarter despite a slight decline in net profit to Rs 1,047 crore. The company also saw strong performance in its watches and eyecare segments. Total expenses rose significantly, yet overall sales increased by 25.68%. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/accessories/titan-q3-net-profit-marginally-down-to-rs-1047cr-sales-up-26-to-rs-17550-cr/117935126

PepsiCo reports double-digit growth in Indian market in 2024

PepsiCo achieved double-digit organic revenue growth in India for 2024, gaining market share in snacks and beverages. Despite challenges in North America, its AMESA division, including India, saw a 1.27% rise in net revenue to USD 6.21 billion. PepsiCo anticipates low-single-digit organic revenue growth for 2025, with a focus on adaptability amidst geopolitical uncertainties. 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/pepsico-reports-double-digit-growth-in-indian-market-in-2024/117934396

Priyanka Gill quits Kalaari Capital to launch lab-grown diamond brand

The new venture, named Coluxe, has secured early-stage funding from investors and plans to launch digitally in mid-2025, with retail expansion to follow, according to a statement released on Tuesday. Adopting an omnichannel strategy, Coluxe will feature contemporary jewellery collections, such as solitaire rings, pendants, earrings, tennis bracelets, and necklaces, as well as themed collections focused on zodiac signs and gifting. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/priyanka-gill-quits-kalaari-capital-to-launch-lab-grown-diamond-brand/117903271

Quest Retail appoints Rahul Shanker as Group CEO, Shriti Malhotra elevated as executive chairperson

Quest Retail has appointed Rahul Shanker as Group CEO and elevated Shriti Malhotra to executive chairperson. Shanker will focus on expanding and enhancing operations for their diverse brand portfolio, while Malhotra will guide the company's long-term strategic vision and growth. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/health-and-beauty/cosmetics-and-fragrances/quest-retail-appoints-rahul-shanker-as-group-ceo-shriti-malhotra-elevated-as-executive-chairperson/117891119

Indian startups raise $240.85 million this week, Bengaluru leads in funding deals

Indian startups garnered $240.85 million in funding this week, with Bengaluru securing the highest number of deals. The majority of investments went to e-commerce, SaaS, fintech, and edtech sectors. Additionally, significant acquisitions included Raise Financials acquiring Filter Coffee and Shadowfax acquiring CriticaLog. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/indian-startups-raise-240-85-million-this-week-bengaluru-leads-in-funding-deals/117880648

Top Shelf with Nadir Godrej: Innovation, Impact, and the Future

In an exclusive conversation for ETRetail’s latest edition of ‘Top Shelf’, Nadir Godrej, Chairperson, Godrej Industries Group shares his thoughts on Atmanirbhar Bharat, inclusive growth, sustainability, and the evolving workforce, offering a masterclass in leadership that is both insightful and refreshing. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/top-shelf-with-nadir-godrej-innovation-impact-and-the-future/117873107

Reliance brings Shein back to India after 2020 app ban

Reliance Retail has launched Shein's Chinese fast fashion label in India through an independent app, following a test run on Ajio. Despite Shein's origin and previous ban, government clearances have been obtained with agreements ensuring local manufacturing. The Indian fast fashion market is set to grow significantly, reaching $50 billion by FY31. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/reliance-brings-shein-back-to-india-after-2020-app-ban/117874959

FMCG leaders applaud Budget 2025, hailing it as a catalyst for a consumption-driven economy

This shift reflects a healthier society, with rising income levels leading to an increase in the consumption of vegetables, fruits, and other nutritious foods. 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/fmcg-leaders-applaud-budget-2025-hailing-it-as-a-catalyst-for-a-consumption-driven-economy/117822835

Union Budget 2025: Rs 10,000 cr boost for startups, women entrepreneurs in focus

Finance Minister Nirmala Sitharaman, in the Union Budget 2025, announced measures to boost startups and small enterprises, including doubling the credit guarantee cover to Rs 20 crore, reducing guarantee fees, and setting up a new Fund of Funds with Rs 10,000 crore. Additional initiatives targeted at women and underrepresented entrepreneurs were introduced, alongside extensions to benefits under Section 80-IAC. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/union-budget-2025-rs-10000-cr-boost-for-startups-women-entrepreneurs-in-focus/117827155

Apple hits record sales in India, iPhone tops charts

Apple's CEO Tim Cook revealed that the iPhone was the top-selling smartphone model in India for the October-December period, marking a significant milestone. The company saw record sales and shipments in India, where it ranked among the top five handset manufacturers by volume for the first time. 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-hits-record-sales-in-india-iphone-tops-charts/117810109

Retail Budget 2025 Expectations LIVE: Consumer goods and retail brands seek policy reforms to boost consumer demand and drive rural growth

Retail Budget 2025 Expectations LIVE: Industry leaders strongly advocate for placing tax relief and job creation policies at the forefront of economic reforms, highlighting their critical role in revitalizing consumer demand, enhancing purchasing power in tier 2 and tier 3 regions, and driving sustainable economic growth. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/live-blog/retail-sector-budget-2025-live-updates/117690448

Tata Consumer Q3 Results: Profit flat at Rs 279 crore; revenues rises 17% YoY

Tata Consumer Q3 Results: Tata Consumer Products recorded a flattish net profit growth of Rs 279 crore in Q3 FY25, while revenue from operations increased 17% YoY to Rs 4,444 crore. The India business saw a 23% revenue growth, with strong performances in beverages and foods. International business revenue rose 8%. 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/tata-consumer-q3-results-profit-flat-at-rs-279-crore-revenues-rises-17-yoy/117741944

Trifecta Capital marks first close of Rs 2,000 cr venture debt fund; Eyes high-growth sectors

Trifecta Capital has achieved the first close of its fourth and largest venture debt fund, aiming to raise Rs 2,000 crore. The fund will target investments in healthcare, energy, food, transport, and education sectors. Rahul Khanna highlights the growing convergence of retail models and the resilience of India's new economy. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/trifecta-capital-marks-first-close-of-rs-2000-cr-venture-debt-fund-eyes-high-growth-sectors/117716600

Indian food services market projected to reach up to $152 billion by 2030

The Indian food services market, valued at $80 billion in 2024, is likely to grow at a compound annual growth rate (CAGR) of 10-11 per cent to reach $144-152 billion by 2030, according to a report on Wednesday. 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/indian-food-services-market-projected-to-reach-up-to-152-billion-by-2030/117672450

Colgate-Palmolive India Q3 profit down 2.2% to Rs 322.8 cr

Colgate-Palmolive India Ltd reports a 2.22% dip in Q3 net profit to Rs 322.78 crore, attributed to soft urban demand and a high base last year. Sales rose 4.74% to Rs 1,452.21 crore, but total expenses increased 8.2%. CEO Prabha Narasimhan notes resilient performance despite challenges, with growth in the premium segment. Shares closed at Rs 2,674.35, down 1.26%. 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/colgate-palmolive-indias-q3-profit-misses-estimates-on-moderating-demand/117634495

Dave & Buster's signs an exclusive partnership with Malpani Group to enter India

The company plans to open 15 outlets of the brand across India over the next 5-7 years. The second outlet of the brand spanning across 21,000 sq.ft is scheduled to open in Mumbai in 2025. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/entertainment/dave-busters-signs-an-exclusive-partnership-with-malpani-group-to-enter-india/117622585

Price hikes loom for essentials & electronics as companies tackle rising costs

Companies are set to increase prices of daily essentials and electronics due to rising input costs and rupee depreciation. FMCG firms like Hindustan Unilever and Godrej plan further price hikes despite slowing demand to protect margins. The cost of raw materials such as palm oil and edible oil has significantly risen, prompting price adjustments. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/price-hikes-loom-for-essentials-electronics-as-companies-tackle-rising-costs/117617214

NCLAT dismisses insolvency proceedings plea against HUL

The NCLAT dismissed a plea against HUL by an operational creditor seeking insolvency proceedings. The NCLT had already rejected the plea, as the amount was below the Rs 1 crore threshold and involved a pre-existing dispute. The dispute was supported by a notice for arbitration, and claims of interest and MSME status were also rejected. 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/nclat-dismisses-insolvency-proceedings-plea-against-hul/117617166

Can Budget 2025 revive consumer spending? Retail industry outlines key demands

Retail Budget 2025: From tax incentives and GST rationalization to expanded support for rural markets and digital infrastructure, retail leaders' demands from the second full budget of Modi 3.0 reflect the urgent need for reforms that can revitalize consumption and address structural challenges. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/can-budget-2025-revive-consumer-spending-retail-industry-outlines-key-demands/117606004