Ananta Capital Acquires Majority Stake In Phitku
Ananta Capital acquires a majority stake in D2C personal care startup Phitku in a deal valued at around Rs 100 crore, backing its next phase of growth and expansion.
Ananta Capital acquires a majority stake in D2C personal care startup Phitku in a deal valued at around Rs 100 crore, backing its next phase of growth and expansion.
Industry executives say focus on MSMEs, manufacturing and logistics will support incomes over time but leaves consumption recovery gradual The Union Budget has signalled a clear shift away from short-term consumption stimulus towards job creation, manufacturing expansion and supply-side reform, indicating that any recovery in consumer demand is likely to be gradual rather than immediate. […]
The Budget addresses critical challenges related to productivity, efficiency, infrastructure, market access, writes Divya Kumar Gulati, Chairman, Compound Livestock Feed Manufacturers Association of India
The tariff simplification measures are likely to ease operational bottlenecks, reduce input costs and provide exporters with greater flexibility in managing production and compliance requirements
The Centre has targeted the ecosystem that feeds into FMCG and form an indirect but powerful growth architecture for consumer-facing sectors
Praveen Khandelwal states that the Budget is strategically aligned with the ‘Swadeshi’ call of Prime Minister Narendra Modi
Kirit Bhansali states that extending duty-free import of Lab-grown Diamond (LGD) seeds and Sawn Diamonds till March 2028 is a timely and practical step
The Centre has proposed a five-part integrated programme, with Rs 1,500 crore allocation designed to boost self-reliance in fibres, upgrade manufacturing ecosystems and strengthen traditional crafts
This is a make better, move faster, scale deeper budget, one that prioritises long-term sectoral strength, writes Rahul Kakkad, Tax Partner, Consumer Products and Retail Sector, EY India and Ankit Jain, Senior Manager, Indirect Tax, EY India
Budget 2026–27 provides an enabling framework rather than direct support for retail, writes Kumar Rajagopalan, Chief Executive Officer, Retailers Association of India