Franchise Business Opportunities In India

Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. 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/adani-group-raises-rs-4850-cr-from-sale-of-13-5-stake-in-adani-wilmar/117137623

HUL has created a new subsidiary, Kwality Wall's (India) Ltd, for the demerger of its ice cream business. This decision follows a recommendation by an Independent Committee. HUL shareholders will receive shares in the new entity proportionate to their current holdings. The ice cream business will operate as an independent listed entity, separate from HUL's other operations. 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/hul-incorporates-new-subsidiary-kwality-walls-for-ice-cream-biz/117137542

Dunzo, once a pioneer of hyperlocal delivery in India, faced operational and financial challenges leading to its decline. Founder Kabeer Biswas has joined Flipkart. Despite substantial investments and aggressive strategies, the company struggled with cash flow issues and mounting losses. Dunzo's rapid expansion and marketing expenses contributed to its downfall. 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/dunzos-demise-how-the-reliance-backed-hyperlocal-delivery-startup-unravelled/117107288

FMCG player Adani Wilmar will see one of its promoter Adani Commodities LLP offloading up to 20% stake in the company through an offer for sale (OFS), which opens on January 10. 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/adani-group-to-sell-20-stake-in-adani-wilmar-through-ofs-floor-price-set-at-rs-275/117103955

Chinese tech giants Alibaba and Meituan have had multiple apps under the group for various services. It contrasts with the one ‘superapp’ strategy where consumers come for one basic use-case and transact through multiple services. Superapps have not experienced any significant success in India. 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/swiggy-unboxes-professional-services-app-pyng-under-house-of-apps-strategy/117070359

For Bacardi, premium products like Grey Goose, Bombay Sapphire, Patrón, and Dewar’s Scotch continue to grow strongly, while some standard brands are experiencing slower growth, Golikeri said adding that the impact of inflation is more pronounced in the value segment, which has been compressed. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/consumers-drinking-less-often-but-premium-bacardi-india-md/117034622

The Competition Commission of India approved Tata Electronics' acquisition of a majority stake in Pegatron Technology India. Tata Electronics will also transfer TEL Components' business to Pegatron India. Pegatron India provides electronics manufacturing services for smartphones, including Apple's. Tata Electronics had previously acquired the iPhone unit of Wistron in Bangalore for USD 125 million in November 2023. 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/tata-electronics-gets-ccis-clearance-to-acquire-majority-stake-in-pegatron-india/117038572

The Supreme Court has transferred 24 petitions related to alleged anti-competitive practices by Amazon and Flipkart to the Karnataka High Court’s single-judge bench in Dharwad. The move followed agreement by all parties and a request from the Competition Commission of India (CCI) to consolidate the cases for efficiency. 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/sc-transfers-amazon-flipkart-antitrust-petitions-to-karnataka-hc-amid-regulatory-challenges/116995469

Tata Sons has instructed its group companies to manage their own debts without relying on cross-default clauses or letters of comfort. Future funding for new ventures will come from equity investments and internal accruals. Banks are confident in extending credit due to the financial stability and equity stakes held by Tata Sons in these companies. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/tata-sons-ends-debt-support-for-new-businesses-focus-on-independent-financing/116979579