Unseasonal rains dampen summer product salesUnseasonal rains in northern India have led to a disappointing summer for businesses selling seasonal products. Leading brands saw a drop i...
FMCG sales dip in September as traders go slow on stockingSales of groceries had risen 6% month-on-month in August, reversing consecutive sequential decline in the past three months, according to t...
Price-tags of daily essentials rise up to 22% since January"We don't see inflation ebbing anytime soon given the volatility in global markets. There are still no signs of demand recovery," said Anil...
FMCG companies see rural demand revivalEdible oil and packaged commodity firm Adani Wilmar reported 10-12% incremental sequential growth so far in July over June. Executives of E...
FMCG market expands 10% in JanuaryEven in discretionary products like televisions, refrigerators and smartphones, leading companies said they have grown sales at a double-di...
Indian consumers emerge far more hungry after second Covid waveThe July-September quarter saw 46% growth in total sales by value, according to the latest report by Bizom, a sales automation firm that tr...
Consumer Independence Day sales pip pre-coronavirus levelsSales of consumer electronics, smartphones, apparel and groceries in the almost week-long shopping period leading up to Independence Day we...
Spending cut: Indian consumers opting for lower-priced goodsDown-trading hints at a possible squeeze on monthly household budgets. Consumers have also opted for buying smaller packs in categories suc...
FMCG sales up nearly 40% in June as states unlock“Since April, there has been a gradual sales increase every month and June saw robust demand and recovery,” said Krishnarao Buddha, senior ...
FMCG sales see second consecutive drop in May. In April, sales had shrunk 16%. About a fourth of all kirana outlets were shut during the month while month-on-month orders dropped 8%.
FMCG, grocery sales shrink amid supply chain woes“There are challenges of stocking that seem to be impacting the sales in these tier-2 cities in addition to a drop in the number of kirana ...
FMCG grows to its fastest pace in 18 months: Kirana stores grows by 15% since pandemic led lockdownEach distributor salesman is now covering more outlets even as the time he spends in the market dropped 31.8% year on year. Despite this, k...
For this 2019 debutant, Covid-19 brings blessings & challenges bothThe company has kept its multibagger status intact amidst the Covid-19 meltdown
Retail tech company Mobisy raises $3.5 million in second round of fundingLaunched in 2007, Mobisy enables orders from over 5 mn retail outlets (about a third of India's retail ecosystem) and its goal is to build ...
Polestar Solutions is India's fastest growing tech company: DeloitteThe Tech Fast 50 report ranks the fastest growing technology companies in India based on their percentage revenue growth over the last thre...
Mobisy Technologies helps firms automate workflow and process data for quick decision makingWith over 65 corporate customers, Mobisy founder Lalit Bhise, 35, now expects his company to earn Rs 10 crore in revenue by fiscal 2015.
- Tech surge: Low-end phones sport high-tech applications
Unlike yesteryears when mobile applications were developed only for smart phones, now even low-end phones sport apps that are fun to use an...