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Mar 8, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani |Aneesh Phadnis
Brands, restaurants and travel operators are hoping to ride on the buzz around the ICC Champions Trophy final match, which will see India clash with New Zealand. Sources said there has been growing interest among brands to pick up last minute ad spots for the final match, with some of the existing sponsors increasing their ad spends; some brands which had kept out of the tournament, have come on-board.
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Jan 31, 2025 |
thehindubusinessline.com | Shishir Sinha |Abhishek Law |Meenakshi Verma Ambwani
1. The social services expenditure of the government (combined for centre and states) has increased at a compound annual growth rate of 15% from FY 21 to FY 25. 2.
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Jan 24, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani |Abhishek Law
India’s ed-tech segment – including the offline coaching centre segment – went into a turmoil with the sudden closure of several branches of the coaching institute FIITJEE in Delhi NCR and north-India. Apart from speculation over the institute’s financial health following several teachers resigning en-masse over unpaid salaries, sources said closures were accentuated by new safety audit norms that were introduced by civic bodies of the region.
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Jan 17, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani
FMCG companies are tweaking their strategies in a bid to meet evolving consumer needs and focusing on different price pack architecture for quick commerce platforms. These companies are offering different price points, SKUs and sometimes even quick-commence exclusive products. This comes at a time when consumers in top metros are increasingly turning to these platforms and willing to pay a premium for convenience.
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Jan 15, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani
D2C skincare brand Foxtale has raised $30 million (₹250 Crore) in its Series C funding round. The round saw participation of Japanese multinational company KOSÉ Corporation, along with existing investors Panthera Growth Partners, Z47, and Kae Capital. Founded in 2021 by Romita Mazumdar, the D2C brand has served over 15 lakh customers and offers skincare portfolio.
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Jan 13, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani
Beverage industry has expressed concerns regarding the implementation of recycled plastic norms pointing to adequate availability and limited infrastructure to produce food grade recycled plastics. As per the regulations notified by Ministry of Environment , Forest and Climate Change , which will be enforced from April 1, beverage makers will need to ensure that 30 per cent of recycled plastic is used to make Category 1 packaging. Category 1 is defined as rigid plastics and includes PET bottles.
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Jan 13, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani
Religious tourism is a significant contributor to India’s tourism economy. One in four Indians (25 per cent) traveling to religious destinations in the reflective of the country’s deep cultural and spiritual roots and the growing desire of Indians to travel, a report by Kantar stated. Infact, Haridwar emerged as the most visited religious destination in India, followed by Shirdi, Tirupati, Ayodhya and Ajmer Sharif.
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Jan 12, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani |Chitra Narayanan
All roads lead to the Mahakumbh Mela that begins on January 13. Brands too have scrambled on to the Mela highway with smart activations and innovative engagements. Dabur, Parle, Coca-Cola, Reliance Consumer Products, ITC Mangaldeep, Aditya Birla Sun Life AMC are just some of the companies out to woo the crores of devotees expected at the holy fair.
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Jan 12, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani |Prethicshaa Gurumoorthy
After the National Restaurant Association of India (NRAI), another leading industry body has now raised concerns about the foray of Zomato and Swiggy into quick-commerce private-label food delivery with the launch of Bistro and Snacc, respectively. The Federation of Hotel & Restaurant Associations of India ( FHRAI) has accused aggregators Zomato and Swiggy of violating “established e-commerce regulations” with the launch of these private label food delivery apps. Read the full story here.
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Jan 11, 2025 |
thehindubusinessline.com | Meenakshi Verma Ambwani
Meenakshi Verma AmbwaniThe 2024 report card of Indian cinema is out and it was a poor show by both Bollywood and Hollywood. Regional films did comparatively better. Hindi cinema gross box office collections declined by 13 per cent to ₹4,679 crore in 2024 from ₹5,380 crore in 2023. A report released by Ormax Media noted that the year just past also saw Hindi cinema’s contribution to the overall India box office collections dipping to 40 per cent in 2024 compared to 44 per cent in 2023.