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CONSUMER SERVICES GROWTH
India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...- Mid-sized restaurants hungry for funds as investors stay awayMid-sized organized restaurant chains face financing challenges. Investors are being more cautious, focusing on sustainable profits and uni...
- McDonald's supplier HyFun plans $208 million India IPOHyFun Foods intends to raise up to 20 billion rupees through an IPO planned for late 2028. The company expects to initiate preparations for...
- Satya Nadella reinvented Microsoft with the cloud - now, can his AI strategy make it more valuable than Apple by 2027Microsoft, under CEO Satya Nadella, is aiming to strengthen its AI growth story amidst rising competition. The company is moving from fixed...
- US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
- TVS Motor’s Venu Srinivasan says India must bridge quality gap to make ‘Made in India’ a mark of trustIndia's manufacturing sector must focus on quality and innovation to secure a competitive global position. Venu Srinivasan expressed that I...
- AceVector shares list at 12% discount to IPO price on BSE, NSEThe Rs 420-crore public issue was priced in the range of Rs 30–32 per share, with the upper end of the price band at Rs 32. The issue compr...
- Next-gen GST: Taking India's reform journey forwardThe new GST framework in India aims to streamline compliance processes while lowering tax rates, contributing to enhanced economic stabilit...
- Commerce Minister Piyush Goyal meets US corporate leaders to push India investment opportunitiesDuring his visit to the United States, Piyush Goyal held meetings with executives from several major American companies. The discussions fo...
- 5 stocks with consistent score improvement and upside potential of up to 33% in 1 year, according to analystsIn its latest downturn phase, the market has been falling for close to a month-and-a-half, with only the occasional bounce. In a stretch li...
- TCS to take over Best Buy's India GCC under multiyear dealTata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the fina...
- ‘Productivity growth in consumer services is powering India’s rise’Dani Rodrik highlights the relationship between ending poverty, boosting the global middle class, and addressing climate change. He emphasi...
- Credit card dues, consumer durable loans slow as gold loans surge; RBI data shows shift to secured borrowingIndian households are increasingly opting for secured loans, particularly against gold, which surged significantly. Credit card dues and co...
- Canon India targets 10,000 retail printer partners across 700 cities by 2027: CEO Toshiaki NomuraCanon India sets ambitious plans to expand its consumer printing retail network by targeting 10,000 resellers by 2027. CEO Nomura says Cano...
- Who is Anup Kumar Saha, Kotak Mahindra Bank’s new CEO?Anup Kumar Saha has been appointed as the next Managing Director and CEO of Kotak Mahindra Bank. His term will commence on January 1, 2027,...
- Buoyant Q2 demand for consumer goods lifts festive sales outlookConsumer demand in India saw significant growth during the July-September quarter, particularly in appliances and FMCGs. Sales of air condi...
- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
- DoorDash opens first India Office, plans to scale tech, support team to 3,000The company is starting with 500 professionals and plans to scale its headcount to more than 3,000 within next two years, a company release...
- GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
- Nearly 80% of Indian home shoppers discover products through social media: DeloitteA recent report highlights that nearly 80 percent of home shoppers in India discover products via social media. The home and household mark...
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