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Meesho’s reverse flip may conclude this week; likely to file IPO papers this month, say sources
The Bengaluru-based ecommerce marketplace is eyeing a $700-800 million IPO, but the issue size and the timelines could change depending on the market conditions. Meesho is likely to file the papers under Sebi’s confidential route.
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Jubilant promoters eye Rs 2,000 crore via stake sales for Hindustan Coca-Cola Beverages deal
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Orkla India files IPO papers with Sebi
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CaratLane pilots own quick commerce; No plans for lab-grown diamonds
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Titan’s IRTH ramps up digital ambitions, targets nearly half of revenue from online sales
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Mukesh Ambani's consumer empire overtakes decades-old energy business of RIL
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Matter of Prestige: Indian realty behemoth bets on entertainment boom over shirts and skirts
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Maharashtra hikes liquor duties to ease cash crunch
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Govt may increase scrutiny on q-comm firms following hygiene, food safety issues
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India's retail inflation likely declined further to 2.7% in May: BoB Report
Bank of Baroda projects India's retail inflation to ease to 2.7% in May 2025, driven by softening food prices, offering relief to consumers and policymakers. Simultaneously, US inflation cooled, raising expectations for Federal Reserve rate cuts in September. Market reactions were mixed, with US stocks cautious and Asian equities resilient amid US-China trade developments.
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India's goods, services exports may cross $900 billion this year: Piyush Goyal
Commerce and Industry Minister Piyush Goyal anticipates India's goods and services exports to surpass USD 900 billion in 2025-26, even amidst global economic uncertainties. Despite challenges like the Russia-Ukraine conflict and the Red Sea crisis, India's exports reached a record USD 825 billion in 2024-25.
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Nike makes history with first-ever collab with an Indian designer
Nike collaborates with NorBlack NorWhite, an Indian fashion label. The collection launches globally on June 11. It features bandhani, an Indian tie-dye technique. The designs include sportswear for women. Indian athletes are part of the campaign. The collaboration brings Indian craftsmanship to the global stage. It is a cultural reset in motion.
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Ethnicwear brand Kisah Apparels raises Rs 13 crore from Wow Momo, others
Men's ethnicwear brand Kisah Apparels has successfully raised Rs 13 crore in its latest funding round, led by Sagar Daryani of Wow Momo. With this fresh capital, the brand is set to enhance its physical retail footprint and direct-to-consumer initiatives.
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Rapido’s food delivery entry unlikely to dent duopoly, say brokerages
Rapido's entry into Bengaluru's food delivery market, challenging Zomato and Swiggy with flat fees, faces skepticism from brokerages. Analysts cite operational complexities, capital intensity, and customer experience as significant hurdles. While Rapido leverages its rider base, concerns remain about delivery experience and the incumbents' established logistics and partnerships, limiting potential disruption.
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QSR firms' margins under pressure, food delivery firms show improvement
A recent report indicates that Quick Service Restaurants (QSRs) are experiencing margin pressure due to inflation and slowed expansion, while food delivery firms like Swiggy and Zomato have improved their margins. Increased competition from aggregators and their dark kitchen brands further intensifies the challenges for QSRs.
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Zara India posts weakest sales growth in FY25 amid rising market competition; net profit up 23%
Inditex Trent, the Tata-Inditex joint venture operating Zara in India, recorded its slowest sales growth in FY25, with revenue rising just 0.4% to ₹2,782 crore—its weakest performance since launch, excluding the pandemic year. Net profit rose 23% to ₹299 crore. The slowdown comes amid stiff competition and inflation-driven cuts in discretionary spending.
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India’s probiotics market doubles in 5 years, hits Rs 2,070 cr in 2025
India’s probiotics market recorded 22% annual growth in May, nearly doubling in five years from ₹1,016 crore in 2021 to ₹2,070 crore in 2025, according to PharmaTrac. Growth is led by pharma firms like Sun Pharma and Zydus, with older brands dominating.
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Meesho’s reverse flip may conclude this week; likely to file IPO papers this month, say sources
The Bengaluru-based ecommerce marketplace is eyeing a $700-800 million IPO, but the issue size and the timelines could change depending on the market conditions. Meesho is likely to file the papers under Sebi’s confidential route.
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Gold prices edge down as traders monitor US-China talks
"Over the last several sessions, we've seen gold retrace a bit off the recent highs, mostly done on the back of optimism in regards to the expectations of negotiations between China and the U.S., UK and Russia," said David Meger, director of metals trading at High Ridge Futures.
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Orkla India files IPO papers with Sebi
Orkla India, owner of MTR and Eastern brands, has filed for an IPO with SEBI, offering 2.28 crore shares for sale by its promoter and shareholders. The IPO is entirely an offer for sale, with no proceeds going to the company. The Indian packaged food market is estimated at Rs 10.18 lakh crore in FY24.
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US trade pact set for early finish: Piyush Goyal
India and the US are progressing towards a trade agreement. The target is before fall 2025. Piyush Goyal highlights India's strong position with existing FTAs with various nations. Discussions are ongoing with the US, EU, Peru, Chile, and Oman for further trade agreements. Goyal notes the world recognizes India's growing economic strength.
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Jubilant promoters eye Rs 2,000 crore via stake sales for Hindustan Coca-Cola Beverages deal
Jubilant Bhartia Group's promoters are selling minority stakes in listed companies to raise ₹2,000 crore for partially funding the acquisition of a 40% stake in Hindustan Coca-Cola Beverages (HCCB). Goldman Sachs Asset Management has already raised $600 million for the deal, and the group is divesting non-core assets. The deal values Coca-Cola’s bottling arm at ₹31,250 crore.
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Marico presses ahead with Saffola clean oil play
Marico has entered the cold-pressed edible oil market with Saffola cold pressed oils, aiming to broaden its health-focused product line in response to rising consumer demand for clean-label and functional foods. The FMCG major is initially launching the product on quick commerce and digital platforms, targeting health-conscious and tech-savvy consumers.
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Mansion House brand's global ownership goes to Allied Blenders
Allied Blenders and Distillers Ltd (ABD) has acquired global ownership of 'Mansion House' and 'Savoy Club' liquor brands by acquiring UTO Asia Pte. Ltd. The deal, approved on June 10, 2025, for €1.225 million, excludes certain Southeast Asian markets. This acquisition aligns with ABD's strategic expansion goals, strengthening its brand presence internationally.
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CaratLane pilots own quick commerce; No plans for lab-grown diamonds
CaratLane is launching its own quick commerce initiative, starting with pilots in Gurgaon, Hyderabad, and Bangalore, aiming for delivery times of four to six hours.
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United Breweries receives Rs 18.60 cr GST order
United Breweries faces a tax demand of Rs 18.60 crore from the Kerala State Goods & Services Tax Department. The demand relates to alleged non-payment of turnover tax on beer sales. It pertains to fiscal years 2022-23 and 2023-24. The company states it has already made provisions for this. United Breweries is considering legal options.
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10-minute delivery boom fuels hyperlocal warehousing surge in urban and tier-2 cities
This surge is transforming urban logistics, impacting rental dynamics, and expanding into Tier-2 cities. Companies are prioritising speed and location, leading to innovative real estate repurposing and significant growth in the sector.
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Titan’s IRTH ramps up digital ambitions, targets nearly half of revenue from online sales
Titan Company Limited's new bags brand, IRTH, aims to significantly boost its online revenue from 10% to 40% by fiscal year-end, leveraging an exclusive partnership with Myntra and its own website. The brand plans aggressive expansion, including franchising, with a target of 100 stores by FY28, focusing on key cities and both mall and high street locations.
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Proposed national e-commerce, retail trade policies under discussions: Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced revisions to the national e-commerce policy to reflect the sector's rapid evolution. Simultaneously, the retail trade policy is under review due to its interconnectedness with e-commerce. DPIIT has sought input from the National Traders' Welfare Board for the retail policy, aiming to streamline trade, improve ease of business, and promote digitization.