As the retail landscape in India evolves, industry leaders and visionaries share their perspectives on the anticipated trends, challenges, and growth prospects for the year 2024 In the dynamic realm of India’s retail sector, a landscape marked by constant evolution, industry leaders and forward-thinking visionaries are poised to navigate the intricate tapestry of trends, challenges, […]
The consumer electronics sector gears up for sustained growth in 2024, riding on the success of 2023 The year 2023 will be remembered for the strong growth and positive sentiments towards the consumer electronics industry, as various brands in the sector reported record-high sales throughout the year, especially during the festive season. Whether during the […]
Amidst global turmoil, frozen dessert players aim for sweet growth and innovation in 2024 In the middle of economic uncertainties due to geopolitical crisis across the globe, players from the frozen dessert companies are gearing up to face 2024 with the hope of growing their businesses to contribute more to India’s growth story. Even though […]
Meesho’s operating revenue grew by 77 per cent to Rs 5,735 crore for FY 2023 against Rs 3,232 crore in FY 2022, while incurring a loss of Rs 3,247 crore, according to a media report on Friday. The company highlighted that its loss for FY 2023, narrowed by 48 per cent to Rs 1,675 crore. […]
Chinese tech giant Huawei Technologies is reportedly expected to exceed its revenue by USD 98.5 billion for 2023, indicating a 9 per cent YoY revenue growth from last year, according to a media report on Friday. The forecast further suggested Huawei’s rebounding after US sanctions in 2019 that damaged some of its business lines. The […]
Brainbees Solutions (FirstCry), a retail platform specialising in products for mothers, babies, and kids, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The initial public offering (IPO) of the company includes a fresh issue of equity shares totaling up to Rs 18.16 million and an offer-for-sale […]
Apple is reportedly allowed to resume the import of its smartwatches by the US International Trade Commission (ITC), on Wednesday. The tech major was recently restricted from its flagship devices import after medical monitoring tech company Masimo allegedly accused Apple of incorporating its oximetry technology into the popular Apple Watch. Following this, the tech giant […]
Intel Israel and Israeli government authorities announced plans to build a new manufacturing facility in Kiryat Gat on Tuesday morning with a USD 25 billion investment. “The global company Intel’s choice to approve the unprecedented investment of USD 25 billion right here, in Israel, is important and significant,” Finance Minister Betzalel Smotrich said in a […]
China has pledged to provide consular protection and assistance to two Chinese employees of smartphone maker Vivo who were recently arrested by Indian authorities. The foreign ministry spokesperson, Mao Ning, emphasised China’s firm support for Chinese companies in safeguarding their lawful rights and interests. He urged India not to discriminate against Chinese companies and expressed […]
Flipkart, the ecommerce marketplace, has unveiled FlipTrends 2023 — a view into India’s online shopping landscape. The FlipTrends Report offers insights into the evolving preferences and behaviour of Indian online shoppers, based on Flipkart’s understanding of over 500 million registered users. Riding the wave of the festive season, consumer sentiment remains positive across the country, […]
