FURNITURE RETAILER
Diwali 2026 Gift Ideas: What India Is Actually Buying This Year — From Gourmet Hampers to Smart Gadgets
In 2026, Diwali gifting trends are shifting towards practical and personalized choices, moving away from the classic sweets. Gifts in demand now include gourmet food, home décor, electronics, and items reflecting personal style. Additionally, many are opting for wellness products and experiential gifts. It’s important to align gifts with the recipient's tastes and budget, as meaningful selections carry more weight than opulent choices.
Karnataka: At IKEA store launch, Shivakumar seeks more jobs for Kannadigas
Chief Minister DK Shivakumar inaugurated IKEA's second store in Bengaluru, urging the company to prioritize local hiring. He emphasized the need for greater employment opportunities for Kannadigas within the private sector. Additionally, Shivakumar encouraged IKEA to strengthen ties with Karnataka's small and medium enterprises for sourcing furniture.
IKEA store in Belgium hit by fridge cyberattack; refrigeration systems impacted as supermarkets across Europe face issues
IKEA's store in Mons experienced temperature rises in refrigeration systems due to a cyberattack. Several European supermarkets, including Carrefour and Coop, also reported similar issues affecting their refrigeration control systems. A broader cyberattack targeted grocery retailers across Belgium, Estonia, Finland, Luxembourg, and Sweden, leading to food waste concerns. Investigations are ongoing regarding the causes and potential future impacts on food supplies.
IKEA to open new city centre store in Bengaluru next month, expanding urban presence
IKEA is set to open a new city centre store in Bengaluru next month, which will enhance accessibility. The upcoming store will feature an 80,000 square feet retail area with over 5,200 products available. This expansion follows the success of IKEA's large-format store opened in June 2022 in Nagasandra. IKEA aims to cater to evolving customer needs by providing a smaller urban outlet.
Meet Joe Demin and Rachel Connors, a couple who started selling hammocks in 2011; here's how their side hustle crossed $30 million in sales
Joe Demin was travelling to Thailand in 2011 when they came across a soft, handwoven hammock. It was different from the rough products they had seen and used back at home in the United States. He learned that the artisans who made it needed more buyers for their products. Demin saw a big business opportunity in this and wanted to sell the product in a wider market.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
At this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain extent. A company can plan only for what is in its control. No management can predict what the US President will decide, or which way the trouble in the Gulf will turn next.
- Go To Page 1
Ashish Kacholia portfolio: Ace investor adds 3 new stocks, trims stake in 13 companies in Q2
Ace investor Ashish Kacholia reshuffled his Rs 3,000 crore portfolio in Q2FY27, adding three stocks, increasing stakes in two companies and trimming holdings in 13 others. The changes include new bets on ESDS Software Solutions, Ardee Industries and Credent Connect N Care, while Fineotex Chemicals and Brand Concepts may have been exited.
Chapter Home raises Rs 63 crore from Bessemer, Stride Ventures, others
The startup plans to use the capital to strengthen product development, expand into new categories, invest in technology and brand building, and scale up distribution.
India’s online retail market to cross $90 billion in 2026, grocery to overtake mobiles: Redseer
India's online retail landscape is on a fast track, expected to hit USD 90 billion by 2026. The surge in demand is primarily for grocery, beauty, and home essentials, reflecting changing consumer priorities. While mobile sales are projected to decrease from 19% to 16% of the market, electronic sales seem to be recovering early in 2026 due to various positive factors and tax decreases.
Rs 3,600 crore business enquiries at 5-day handicraft fair
Over 7,300 buyers participated in the 62nd IHGF Delhi Fair held from October 13 to 17. Business enquiries at the fair totaled Rs 3,600 crore, demonstrating strong international interest. Buyers from 105 countries, including the US, UK, and Germany, were present. Many brands indicated a significant shift toward sourcing more products from Indian manufacturers. India's handicraft exports reached $3.75 billion for the fiscal year 2025-26.
CashKaro data shows how Indians shopped this festive season: Smarter savings and growth beyond metros
CashKaro data from six days of festive sales shows GMV up about 18x over a comparable regular period. Small cities, Telegram groups and smart shoppers stacking savings helped drive the surge, as fashion and electronics outpaced mobiles.
Diwali Sale 2026: Buying fridge, AC, or washing machine online? Here’s how to get the best deal on big appliances and save more
Online sales of big appliances are growing at 25% as the festive sales begin. The Kagan 2026 Asia-Pacific Consumer Insights survey by S&P Global Market Intelligence, conducted in June 2026 among 1,000 internet adults each in China, South Korea and India, shows that most Indian respondents still primarily make retail purchases from stores.
Wallet war: More new things are fighting for every rupee Indians earn
Indian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of spending options. This changing consumer behavior shows significant growth in non-food expenditures over the years. The introduction of quick commerce has further diversified available products, making various goods more accessible. Both urban and rural consumers are seeking premium products alongside traditional staples.
IKEA targets 4x revenue growth in India by 2030
The observation comes as the retailer plans to quadruple its revenue in India by 2030, expand its store network to 30 from the current eight and double its investments to Rs 21,000 crore. IKEA, which is recording double-digit sales growth in India, expects to become profitable by 2027-28 if global conditions stabilise, IKEA India CEO Patrik Antoni said.
Rentomojo shares rally 6% after Q1 revenue rises 51%, normalised PAT grows 72% YoY
Rentomojo shares rallied after the company's first earnings report since its listing last month, which showed revenue up 50% year-on-year to Rs 126 crore in Q1 FY27. EBITDA rose to Rs 51 crore from Rs 34 crore, with margins st
Banwarilal Chandiwala takes silver shopping beyond Bihar, from malls to wheels
Banwarilal Chandiwala is expanding beyond Bihar through an all-India franchise model, with three franchises finalised, while its Jewellery on Wheels mobile showroom brings its silver retail offering to customers in Patna and supports wider expansion.
Kitchen appliance startup EDT raises $2.4 million in funding led by Sauce VC
The round also saw participation from venture debt firm Alteria Capital, Raul Rai, co-founder of Nicobar, Shibam Das and Arindam Paul of Atomberg, Ajith Pai, chief operating officer of Delhivery, and Anushree Tainwala, chief business officer of Samsonite, South Asia, alongside existing investors.
Nearly 80% of Indian home shoppers discover products through social media: Deloitte
A recent report highlights that nearly 80 percent of home shoppers in India discover products via social media. The home and household market is projected to grow 1.6 times and reach USD 260 billion by 2030. Consumers, especially younger ones, are increasingly using digital channels for their purchases and research. Retailers leveraging augmented reality technology are seeing improved revenue and reduced returns.
Grade A mall vacancy across the top 7 cities fell to 5% in H1 2026
Grade A mall vacancy across the top seven cities in India dropped to the lowest levels in five years. The Mumbai Metropolitan Region and Delhi-NCR recorded significant leasing activity, particularly in fashion and entertainment sectors. Kolkata had the lowest vacancy rate, indicating nearly full occupancy for Grade A malls. Tier-2 cities are increasingly expanding their retail landscapes, attracting organized brands and consumers.
Zerodha’s Nikhil Kamath lives in 7,000 sq ft apartment at Bengaluru’s Kingfisher Towers, featuring panoramic skyline views, floor-to-ceiling windows, a wooden-decked balcony, modern art, concierge services, private parking and advanced security
Nikhil Kamath house tour: Nikhil Kamath lives in a large apartment located in Kingfisher Towers, a prestigious area of Bengaluru. The apartment features modern design elements and expansive living spaces that promote comfort and relaxation. Kamath co-founded Zerodha, an influential brokerage firm that significantly contributed to his wealth. His portfolio extends to investment management and startup ventures, enhancing his financial influence. Kingfisher Towers offers residents various amenities, making it a desirable living destination.
Developers faced vacant industrial buildings that were difficult to modernize; they preserved original structures and turned them into hotels with modern guest facilities
Vacant industrial buildings were not easy to modernize. Their old layouts and structures created practical problems for developers. But demolition was not always the answer. Some chose to keep the original buildings and work around what was already there. The result was a different kind of hotel, where historic industrial character sits alongside modern rooms and guest facilities.
In 2013, John and Jennifer Church bought a 120-year-old textile mill planning to sell the land; after reconsidering demolition, they turned the 7-acre site into a mixed-use development
In 2013, John and Jennifer Church bought a 120-year-old textile mill planning to sell the land, but changed plans after discovering its historic brickwork. The Chronicle Mill in Belmont, North Carolina, was converted into a mixed-use development with 238 apartments, commercial space and a public coworking area. The $60 million adaptive reuse project opened in 2023 after construction, environmental and pandemic-related delays.
The market is confusing and nothing in it is cheap. One ratio may help: 5 stocks with an upside potential of up to 22%
In today’s market situation, consider confusion and uncertainty as givens. The market's direction is genuinely hard to call, and nothing is on sale. Neither of those is going to change just because you want it to.
America in focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%
The US economy remained in focus as inflation, borrowing costs and consumer spending has been shaping the outlook for households and businesses. The Federal Reserve raised its benchmark interest rate for the first time since 2023, taking it to about 3.9% and signalling another hike could follow. Mortgage rates also climbed, with the average 30-year fixed rate reaching 6.95%, its highest level in more than 19 months.
From a failing textile mill to a trillion-dollar giant: The Warren Buffett story
Warren Buffett has ended his formal leadership of Berkshire Hathaway after more than six decades, becoming chairman emeritus at 96. His son Howard Buffett takes over as chairman, while Greg Abel remains CEO. Buffett leaves behind a company he transformed from a struggling textile mill into a conglomerate worth more than $1 trillion.
Accel-backed Rentomojo lists on Dalal Street at 19% premium
On Dalal Street, Rentomojo celebrated its debut with a robust nineteen percent premium on shares. The overwhelming demand for its initial public offering not only eclipsed forecasts but also provided early investors, including the founder, significant paper gains. With eyes set on the market, Rentomojo plans to amplify awareness of furniture and appliance rentals alongside expanding into fresh categories.
UPI MDR worries new-age brokers; India's semiconductor ambitions
India’s new MDR framework for UPI is raising concern among new-age stockbrokers, who are planning to take it up with Sebi. This and more in today’s ETtech Top 5.
Rentomojo shares jump 9% after listing at 19% premium over IPO price. Can the debut-day mojo last?
Rentomojo shares surged 9% after a strong debut, taking gains to 30% above the IPO price. The stock listed at a 19% premium and rallied to Rs 526.70 within an hour. While analysts see long-term potential, they have flagged valuation concerns and advised caution after the sharp listing-day gains.
Rentomojo shares list at 19% premium over IPO price
The Rs 1,255.57 crore IPO was priced at Rs 404 per share and included both a fresh issue and an offer for sale (OFS). The fresh issue comprised 37.15 lakh equity shares worth Rs 150 crore, while the OFS component consisted of 2.73 crore shares valued at Rs 1,105.57 crore.
Load More
