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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Udaan's FY25 losses narrow to ₹1,055 cr; revenue at ₹4,561 cr

For FY25, B2B e-commerce firm Udaan's revenue stood at ₹4,561.4 crore, down from ₹5,706.6 crore in FY24. Despite the revenue contraction, the company's consolidated loss for the year narrowed by nearly 37 per cent to ₹1,055.4 crore during the same period. 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/udaans-fy25-losses-narrow-to-1055-cr-revenue-at-4561-cr/128148547

ACPL Exports enters D2C with TrueSilver, targets 100 stores and Rs 250 cr revenue

ACPL Exports enters the silver jewellery market with TrueSilver. This marks a shift to a consumer-facing omnichannel approach. The company targets Rs 100 crore revenue soon and Rs 250 crore in two to three years. Expansion includes 100 retail stores. TrueSilver offers everyday wear with certified purity and accessible pricing. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/acpl-exports-enters-d2c-with-truesilver-targets-100-stores-and-rs-250-cr-revenue/128145037

Ajanta may raise Rs 2,000 crore to buy Restaurant Brands Asia

The promoter group is looking to raise about ₹2,000 crore through a combination of promoter-level borrowing and debt at the operating company, according to people familiar with the discussions. 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/ajanta-may-raise-rs-2000-crore-to-buy-restaurant-brands-asia/128139876

GSTAT finds Wai Wai noodles maker guilty of GST profiteering

The Goods and Services Tax Appellate Tribunal has ordered instant noodle maker CG Foods to deposit over ₹90 lakh into the Consumer Welfare Fund. The tribunal found the company profiteered by not passing on a GST rate cut benefit to consumers. CG Foods increased base prices after the tax reduction, a move the tribunal 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/gstat-finds-wai-wai-noodles-maker-guilty-of-gst-profiteering/128103130

Press Note 3 approval pending but some Indian companies get going

Indian firms are moving ahead with projects involving Chinese partners. These collaborations are proceeding even without final govt clearances. Companies are beginning initial work to avoid business disruptions. Delays in approvals are impacting project timelines and budgets. Some firms are confident of eventual approval. Others are prepared to proceed independently if necessary. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/press-note-3-approval-pending-but-some-indian-companies-get-going/128097279

RBI keeps rates steady, positive on growth and inflation

The Reserve Bank of India has maintained the policy repo rate at 5.25%, unanimously voting to keep it unchanged. While acknowledging intensifying external headwinds, the central bank revised its near-term growth and inflation forecasts upwards. Domestic economic conditions remain supportive, with the RBI emphasizing a neutral monetary policy stance. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/rbi-keeps-rates-steady-positive-on-growth-and-inflation/128020377

Myntra consolidates Gurugram satellite ops with Bengaluru HQ leading to some transfers & layoffs: Sources

Myntra is consolidating its Gurgaon operations into its Bengaluru headquarters, relocating some roles and implementing layoffs with severance packages, according to sources. This strategic move aims to centralize teams and enhance synergy across the company. The changes affect approximately 50 roles within the Catalogue Operations team and are not linked to AI impact or performance-related issues. 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/myntra-consolidates-gurugram-satellite-ops-with-bengaluru-hq-leading-to-some-transfers-layoffs-sources/127969500

100 Reliances, $30 trillion: That's Mukesh Ambani’s India bull case

Reliance Chairman Mukesh Ambani envisions India capturing $30 trillion in new value over three decades, driven by technology and entrepreneurship. He highlighted the nation's path to energy self-reliance and the crucial role of channeling household savings into productive investments to foster wealth creation. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/100-reliances-30-trillion-thats-mukesh-ambanis-india-bull-case/127923353

Clean-label food brand The Whole Truth closes $51 million funding round led by Sofina, Sauce.vc

Founded by former Unilever executive Shashank Mehta, The Whole Truth focuses on “clean-label” packaged foods without hidden sugars, artificial flavours, or preservatives. The company’s product portfolio spans protein bars, protein powders, nut butters and dark chocolates. Cofounder Rachna Aggarwal leads product development. 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/clean-label-food-brand-the-whole-truth-closes-51-million-funding-round-led-by-sofina-sauce-vc/127923479

Three MDs at Peak XV Partners depart to launch new fund amid heightened VC churn

The venture capital firm confirmed in a release that managing director Ashish Agrawal is exiting the fund. The decision followed internal discussions which concluded that his departure was in the best interests of the firm’s Limited Partners and its long-term strategy. Following Agrawal's exit, Ishaan Mittal and Tejeshwi Sharma have also decided to leave the firm to join him in a new venture. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/three-mds-at-peak-xv-partners-depart-to-launch-new-fund-amid-heightened-vc-churn/127899965