Sneakers are becoming increasingly popular in India, with a revenue forecast of USD 2.80 billion for the fiscal year of 2024. This is according to a recent report by Statista, which highlights the growing trend of sneakers being seen as more than just footwear. This revelation underscores the expanding allure of sneakers, which have transcended […]
The stock has generated more than 27 per cent returns year-to-date outperforming the benchmark indices Nifty and Sensex The e-commerce player Zomato has witnessed optimistic sentiments from investors after posting robust growth in recent quarters. Its stock has been riding a bullish wave in 2024, delivering more than a 27 per cent return year-to-date (YTD). […]
SEBI investigates as retail shareholders may have faced losses in controversial share purchase transaction Did India’s retail investors lose out in the share purchase and sale deal involving Axis Bank entities and Max Financial Group? Between March and April 2021, Axis Bank and it is related entities Axis Capital and Axis Securities purchased more than […]
The RBI has restricted Paytm Payment Banks from taking any further deposits or credit transactions which results in 55 per cent loss to the Paytm stocks One of the first unicorns of the Indian startup ecosystem, Paytm, which operates under the umbrella brand One97 Communication, was hit by an unexpected whip from the country’s central […]
Gifting companies witness soaring sales, chocolate charms dominate hearts in Valentine’s Week Amidst the end of Valentine’s week with heartfelt expressions and romantic gestures, gifting companies and brands have witnessed impressive growth in their sales compared to last year. The brands are expected to report the skyrocketed number of sales by the end of today. […]
Retail inflation in India eased in January to 5.10 per cent on an annual basis compared to a four-month high of 5.69 per cent in December. Inflation rates in rural and urban areas, respectively, stood at 5.34 per cent and 4.92 per cent, down from 5.93 per cent and 5.46 per cent, reported in the […]
“More business customers are moving from offline to online procurement for transparent pricing, easy access to quantity deals, better control of the spending and visibility,” says Suchit Subhas The company is estimating that customers adopting credit facilities will generate more than 25 per cent of sales in the next three years, said Suchit Subhas, Director, […]
The Finance Minister presented the interim budget for the fiscal year 2024-25 on 1 February, and fast-moving consumer goods (brands) players have many things to say as they have welcomed the Interim Budget 2024. Industry players believe that the government’s interim budget maintains continuity in policies, focusing on welfare and support for the ‘Garib,’ ‘Mahilayen,’ […]
Indian electronics players seek tax reductions and export opportunities to sustain the ‘Made in India’ momentum and compete with challenges posed by Chinese brands The spike in ‘Made in India’ items seen in the Indian sector last year, combined with the exit of numerous Chinese brands, has created opportunities for local players. However, competing directly […]
As India’s consumer industry stands at the cusp of a monumental transformation, with projections indicating it will become the world’s third-largest market by 2027, leaders in the retail sector are keenly awaiting the Interim Union Budget for FY 24-25 At the precipice of a significant shift in India’s consumer industry, poised to secure its position […]
