Q2FY25 Review | 45% of companies miss estimates; small and midcaps face larger EPS cuts: JM Financial
Indian Inc reported a disappointing performance for the September quarter (Q2FY25), with several companies posting weaker-than-expected results. This underwhelming performance triggered a sharp selloff in the equity markets, raising investor…
Landmark Group unveils plan to invest USD 1bn over three years to open 400 new stores in GCC, India and South-East Asia
Bangalore (Karnataka) [India], November 14: Landmark Group, the leading value conglomerate in the retail and hospitality sectors, unveils plans to invest $1bn to expand its presence across the Gulf, India…
ICICI Bank beats sector headwinds with robust Q2
Amid a shortage of deposits, an emerging pain point for the banking sector is the stress in retail and rural segments. Slowdown in FMCG sales and recent earnings of some…
Festive season fuels growth in retail and two-wheeler sales after challenging period
The Indian retail sector is showing renewed vigour following a lacklustre growth period from April to September. As the festive season kicks in, retailers are witnessing a marked uptick in…
Supermarkets and kirana stores struggle as consumer preferences shift towards quick commerce apps
As quick commerce apps continue gaining traction, traditional grocery outlets, including supermarkets and Kirana stores, grapple with a significant shift in consumer behaviour. The convenience of these apps, which deliver…
Navratri sales may cross ₹50,000 crore in next 10 days, says retail lobby
The Confederation of All India Traders (CAIT) anticipates a nearly 43% surge in retail business driven by Navratri celebrations over the next 10 days. With the conclusion of the inauspicious…
How kirana stores are coping as quick commerce grabs 30% of their market
India’s local kirana stores, once the go-to solution for everything from groceries to last-minute essentials, are facing a formidable challenge. With consumers becoming increasingly impatient, these small neighbourhood shops are…