India’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swiggy Instamart are largely refusing to dive into the price war as they prioritise profitability, industry executives said.
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CEAT anticipates sustained double-digit volume growth for the next three to five years, despite recent price hikes to offset rising raw material costs. CFO Kumar Subbiah highlighted that natural rubber prices remain at a 15-year high, impacting margins. The company…
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The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allows direct trading at inter-bank rates, aiming to eliminate the higher mark-ups previously charged. This move seeks to…
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A three-decade-old family pact dividing the Vadilal ice cream brand is now a legal battleground. The Mumbai branch has sued the Ahmedabad branch in Bombay High Court, seeking to prevent interference with its ice cream and juice business. Allegations of…
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HDFC Bank’s extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty’s resignation. The three-month investigation by domestic and US law firms examined meeting minutes, documents, and interviewed key personnel. This thorough…
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Thailand is actively wooing Indian travelers with the promise of Tomorrowland and easier travel, aiming for over 2.5 million visitors by 2026. Abu Dhabi also sees India as a key market, enhancing connectivity and promoting events. Kenya anticipates a surge…
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