The writing has been on the wall for some time and it showed up prominently during the festival-season sales last year, when Meesho toppled Amazon to become the second-largest player in order share. During the sales season, 60 per cent of the orders Meesho received were from tier-4 cities and beyond. According to a report by consulting firm Redseer, festival-season sales last year were driven primarily by tier-2 and tier-3 cities, with 64 per cent of the shoppers coming from those.
Companies from Unilever to Proctor & Gamble, Nestl, Coca-Cola and PepsiCo have all alluded to lockdown challenges in India and the globe as well as the impact it will have on April-June as well as full-year numbers.
The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).
The reason? Price of open cell panels has gone up 15%. One of the main components in the manufacturing of TV sets, open cells contribute to 60%-65% of the manufacturing cost.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
Mumbai Indians is now a truly global franchise with presence across two genders, three continents, four countries and five leagues.
Many believe that marketing budgets could be a hurdle.
The branding exercise is estimated cost Rs 100-200 crore to the Tata Group.
'The launch of the vehicle was successful beyond expectation'.
Spain's captain Olga Carmona -- the scorer of Sunday's deciding goal -- plays for Real Madrid, where the women's team generated revenues of 1.4 million euros in the 2021/22 season, according to Deloitte. That compared with the Real Madrid men's teams revenues of 713.8 million euros in the same season.
'If the South starts shooting on IMAX more, it will be beneficial. And likewise, it will benefit Bollywood directors.'
The company changes the names of its many sports channels, such as the acquired ESPN and dedicated Star Cricket, to Star Sports 1-4, that will bear out its multifarious sports strategy.
India, the world's fifth largest economy in the world, is likely to overtake Japan to become the world's third-largest economy with a GDP of $7.3 trillion by 2030, S&P Global Market Intelligence said in its latest issue of PMI. After two years of rapid economic growth in 2021 and 2022, the Indian economy has continued to show sustained strong growth during the 2023 calendar year. India's gross domestic product (GDP) is expected to grow 6.2-6.3 per cent in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year.
Google has a lot of experience with legal troubles over intellectual property.
ATP chief Andrea Gaudenzi says tennis is strong enough to thrive after Roger Federer, Rafael Nadal and Novak Djokovic hang up their rackets.
'It is Bajrang Punia's personal decision to return the Padma Shri. The WFI polls were held in fair and democratic manner. We will still try to persuade Bajrang to reverse his decision to return Padma Shri.'
By roping the Bollywood star, the professional networking platform looks for wider appeal and a mass audience.
According to Nielsen India online viewership has doubled since 2011.
Get your lowdown on what's happening in Telugu cinema.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
The summer saw its fair share of hits at the box office. Now, the monsoon has quite a few movie releases from across genres.
Recently, there has been a mushrooming of international apparel retailers.
'All the big production houses are making superhero films, so I thought I should make one too. So I have made a genuine superhero film,' Vivek Agnihotri says about his new film, The Vaccine War.
It showcases products that help the differently abled live an independent life.
Songs from big ticket movies regaled on the strength of spunk and swagger even as pre-existing bangers like Diljit Dosanjh's Lover in Rocky Aur Rani Kii Prem Kahaani, Kohraa's Beqarar Karke Humein in Jawan and an Iranian wedding favourite Jamal Kudu in Animal grew a brand new fanbase in the course of enhancing the storytelling values.
All directors, key officials, and shareholder speakers will be visible and audible and thousands of shareholders, including those from the US, UK, Canada UAE, Japan, HongKong, Singapore, Malaysia, and Australia, will be able to post their questions and eVote on resolutions.
What explains India's love affair with SUVs? They are not exactly "value for money" -- the watchword for brands across segments -- nor always practical. Is it for the badge value? Or the butch imagery associated with SUVs? Maybe both, says Alokananda Chakraborty.
See whether these smartphones live up to their claims of a smart experience without burning a hole in your pocket.
It started out as a Production Linked Incentive (PLI) scheme to make India an export hub. But after many a twist and turns, the latest 2.0 PLI for IT hardware, for which the 40 eligible candidates have applied till its deadline, is now focused on 'import substitution'. The scheme will help in reducing India's over-dependence on imports (80 per cent of laptops are imported), especially from China which include laptops, tablets and servers.
Apple was a fringe player in all key categories like smartphones, notebooks, and tablets till recently. But with the last quarter's record-breaking performance, the brand has established itself in the country's price-sensitive consumer electronics market.
'A lot of young people, especially women, usually go on in their career path thinking to just put their head down and work hard, and the opportunities will come to them.' 'The only reason I became CEO of Vimeo was because I was pushing to create an opportunity to take the company into a different direction.'
Entrepreneur Sanjeev Juneja made Keskinga hosuebrand.
Rain can be an ally for England, says Stokes ahead of decisive fourth Ashes Test
Whoever can make acquiring smartphones more affordable will win the sales game.
Tata Sons chairman N Chandrasekaran on Thursday said the best of artificial intelligence and machine learning will be deployed at Air India and emphasised that the airline is not just another business for the group but a passion and a national mission. As Tata Group steers the transformation of loss-making Air India since taking control in January last year, Chandrasekaran said that he most of the time receives "caring criticism" about the airline that also further strengthens the commitment. Speaking at an event in the national capital where Air India's new brand identity and aircraft livery were unveiled, he said the focus is on upgrading all human resources aspects in the airline.
Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.
Tata Neu, the super app from the Tata group, has been downloaded by over 7 million users within seven weeks of its launch. And, the company wants to ramp this up to 150 million users in the next two years, said senior executives of Tata Digital in an internal magazine of the Tata group. According to data from App Annie, a mobile app tracking platform, the Tata Neu app has been downloaded by over 11 million users.
19 per cent of all travel in India (by bus, train or air) was pilgrimage or religious travel (possibly the single largest after business and family-related travel), discovers Ambi Parameswaran.
Cholakkodan Aysha, hailed as the brand ambassador of Kerala's universal literacy mission, passed away at her residence at nearby Kavannur. Aysha, 80, had been keeping indifferent health for some time and breathed her last on Thursday, family members said.
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