Franchise Business Opportunities In India

The Indian Food and Beverage Association (IFBA) criticizes 'No Palm Oil' labels as misleading marketing, despite palm oil's long-standing use and nutritional benefits. IFBA emphasizes that these labels prioritize trends over science, potentially harming India's self-reliance efforts and impacting farmers. They advocate for a science-based approach, highlighting palm oil's role in a balanced diet and its contribution to economic progress. 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/no-palm-oil-labels-a-marketing-gimmick-not-a-health-fact-says-ifba/122325709

Consumer spending increased on various goods in the June quarter. This signals a revival in demand after a period of sluggish urban consumption. Dabur experienced growth in the FMCG sector. Marico faced challenges due to high copra prices. Nykaa's beauty segment saw growth. Kalyan Jewellers' sales were boosted by wedding demand. Trent, however, indicated slower revenue growth. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/rising-demand-signals-recovery-in-fmcg-beauty-and-fashion-sectors/122310434

Blinkit and Instamart are projected to have expanded their market share in the quick commerce sector during the April-June quarter, while Zepto experiences a slowdown. This growth is attributed to new customer acquisition and a shift from Zepto's user base, driven by concerns over pricing and customer service. 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/blinkit-and-instamart-surge-as-zepto-faces-challenges-in-q1/122311057

Indian electronics companies are seeking partnerships. They are looking at South Korean, Taiwanese, and Japanese firms. This is for electronics component manufacturing. The reason is India's stance on Chinese investments. Companies like Dixon and Amber are finalising proposals. The electronics component manufacturing scheme deadline is approaching. The scheme aims to boost domestic value addition. 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-electronics-vendors-shift-focus-from-china-to-south-korean-taiwanese-and-japanese-partnerships/122310538

Samsung Electronics anticipates a significant 56% drop in second-quarter operating profit, primarily due to weak AI chip sales and U.S. restrictions on exports to China. Delays in supplying high-bandwidth memory (HBM) chips to Nvidia also contributed to the decline. While rivals benefit from AI-driven demand, Samsung faces challenges in China and potential U.S. tariffs, impacting its chip and phone businesses. 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/samsung-projects-56-drop-in-q2-earnings-cites-us-ai-chip-restrictions/122310796

Mivi has launched its first AI-powered earbuds, signaling a strategic shift towards AI-driven products. Backed by a substantial investment in its 'Mivi AI' platform, the company plans significant expansion into wearables, IoT devices, and home security. Targeting a Rs 1,000 crore topline in FY26, Mivi is also expanding manufacturing and distribution, with potential IPO plans within five years. 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/mivi-launches-ai-powered-earbuds-targets-rs-1000-crore-revenue-by-fy26/122289098

Rebel Foods is reportedly considering selling its stake in Smoor due to underperformance, particularly in key markets. This move comes as Rebel Foods restructures operations, including closing offices in Gurugram and Bengaluru, and aims to streamline its focus ahead of a potential public listing. Despite investments, Smoor has faced increased losses, prompting Rebel Foods to re-evaluate its portfolio. 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/rebel-foods-considers-stake-sale-in-premium-chocolate-brand-smoor-amid-operational-restructuring/122288751

Food delivery and e-commerce startups are seeking government approval for Aadhaar authentication to streamline gig worker verification, following a crackdown on unauthorized Aadhaar usage. Protean eGov Technologies offers a secure channel for Aadhaar access with ministry clearance, potentially simplifying KYC processes. Startups are exploring Digilocker-based verification and redirection processes to comply with regulations and ensure secure onboarding. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/startups-seek-government-approval-for-aadhaar-authentication-of-gig-workers/122288680

Eternal, Zomato's parent company, has named Aditya Mangla as the new CEO for its food delivery operations for a two-year term. Mangla will take over from Rakesh Ranjan on July 6. He has been with Eternal since March 2021. He previously held leadership positions in product, supply, and customer experience. 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/eternal-appoints-aditya-mangla-as-food-delivery-ceo/122288726

Labubu dolls are facing a surge of counterfeit versions called Lafufus. Pop Mart's authentication system is failing to stop the duplicates. A Chennai-based content creator unknowingly bought Lafufus. She authenticated them through a fake website. A collector spotted the fake. Even Lafufus are gaining popularity. A life-sized Labubu doll sold for a record price at a Beijing auction. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/toys-kids-and-baby/toys/labubu-vs-lafufu-the-battle-against-counterfeit-collectibles/122261535