STORE EXPANSION
Mars sees India business more than doubling after Kellanova buy
Mars expects its India business to more than double following its $36-billion acquisition of Kellanova, with the company banking on rising incomes, premiumisation, expanding distribution and the growth of online and quick-commerce channels. CFO Claus Aagaard said India is already clocking double-digit growth and will be a significant growth driver for Mars over the next decade. The Kellanova portfolio will strengthen Mars' presence in salty snacks and cereals while widening its reach across stores and channels.
Kalyan Jewellers gains 16% in two sessions; analysts see 13% upside
In a bold move, Kalyan Jewellers India announced a significant 31% rise in revenue and a notable 64% boost in net profit. Plans include launching 84 new Kalyan stores along with expanding the Candere and Akshaya Thanga Maligai outlets. Analysts have expressed optimism, issuing 'Buy' ratings based on the growth from non-South markets, which climbed by 21%, positioning the company favorably against unorganized competitors amidst fluctuating gold prices.
Humble bhujia becomes a recipe for billions of dollars in India's market
A packet of bhujia has come a long way from Bikaner. What began as a family-run namkeen shop in 1937 is now a national snack empire, backed by global investors and preparing for a possible stock market debut. As Haldiram eyes Dalal Street, India's humble sev, bhujia and namkeen are finding a place on the global investment menu. Turns out, there's serious business behind that crunch.
OpenAI brings local inference to India, starting with GPT-6 Luna
OpenAI has launched local processing for its API in India aimed at eligible enterprises and developers. This offering allows organisations to run supported AI workloads within the country, ensuring data processing remains local. The service initially supports the GPT-6 Luna model and facilitates text-based tasks for businesses.
Cupid shares rally 8% after Q2 net profit jumps 133% YoY; company raises FY27-FY29 guidance
Cupid shares surged 7.75% to Rs 381.40, hitting a 52-week high after Q2FY27 net profit jumped 133% and revenue rose 122% year-on-year. The company raised FY27–FY29 financial guidance, supported by strong domestic and international demand, expanding retail distribution, new manufacturing capacity and increased promoter and institutional shareholding.
Kalyan Jewellers shares jump 15% in 2 days as target prices go up to Rs 900. Should you buy?
Kalyan Jewellers shares have rallied sharply over the two sessions after brokerages raised their target prices following strong Q2 earnings and healthy festive demand. With Jefferies seeing a potential upside to Rs 900, investors are weighing the company's growth prospects against margin pressures, gold-price volatility and the stock's sharp recent gains.
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Energy infra startups see bigger cheques as investors bet on sovereign play
Bengaluru-based Enerzolve, which makes smart meters, power conversion systems and energy storage systems, is in talks to raise $20 million from existing investors Jungle Ventures and Kae Capital as well as Schneider Electric, people aware of the matter told ET. That’s nearly four times the $5 million it raised in a January round.
Manyavar maker Vedant Fashions struggles to revive growth as same-store sales drop 5.8% in Q2
Manyavar maker Vedant Fashions is facing mounting competition and slowing growth, with same-store sales declining 5.8% in the September quarter. Revenue grew at an annual rate of just 2.7% between 2022-23 and 2025-26. Industry experts say demand moderation and aggressive store expansion have added to the company's challenges.
Bata India says new product lines to drive growth, reiterates target to double turnover by 2030
By 2030, Bata India plans to achieve remarkable growth by doubling its turnover and profits. To attract a younger demographic, the company is rolling out innovative sneakers and casual footwear. The 'Reignite India 2030' initiative outlines its strategy for sustained growth, including introducing diverse global products and prioritizing franchisee developments while reviewing new opportunities for its own retail stores.
Prada's new Milan exhibition turns a century of fashion into fresh discoveries
Prada’s Milan exhibition, Pradasphere, is turning its century-old fashion legacy into a business opportunity, with the brand expecting it to generate an additional 100 million euros in annual revenue.
Titan bets on studded jewellery, premium watches and eyewear to drive growth
Titan’s strong Q2 performance, driven by studded jewellery and premiumisation, is expected to sustain earnings growth, with gold price stability and a prolonged wedding season likely to revive buyer growth.
8 outlets across Hyderabad in 8 years after quitting her IBM job: Techie turns her love for desserts into a thriving business
Sahithya Raj quit her SAP BI consultant job at IBM in December 2017 to turn her love for baking into a business. Starting with brownies and cupcakes from her apartment kitchen, she gradually expanded production, secured Rs 1.3 crore in funding and built a boutique bakehouse brand with eight locations across Hyderabad. She was recognised at Times Power Women 2026.
Meta expands teen protections, brings AI age checks to more users
Meta uses AI to analyse whether a user is a teenager. This allows the company to identify users who may have lied about their age during registration and place them under Teen Account protections, which will automatically limit who can contact them, the content they see, and the time spent on its apps.
Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next Diwali
Brokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. Kotak Mahindra Bank, Bharat Electronics, Indian Hotels, Adani Ports and Eternal feature among their picks, backed by earnings visibility, strong balance sheets and structural growth opportunities. Their target prices suggest further upside potential.
Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giants
Quick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are experiencing significant growth in orders and customer engagement during the festive season. Quick-commerce is projected to account for a larger share of online retail, boosting convenience for consumers. The demand for immediate shopping solutions is prompting a shift in purchasing behaviours.
Jubilant FoodWorks' delivery growth lifts Domino's India; Popeyes emerges as second growth engine
Jubilant FoodWorks experienced significant growth in its delivery business, led by a strong performance from Domino's Pizza. Revenue from Domino's increased by 9.2% year-on-year, driven by a rise in orders and delivery growth. Meanwhile, Popeyes reported a remarkable 122% year-on-year revenue increase and achieved consistent growth above 40%. The company demonstrated effective cost management strategies and enhanced its operational efficiency across its restaurant network.
Frontier Raas opens new store in Ahmedabad, Kangana Ranaut attends inauguration as Chief Guest
Indian ethnic and occasionwear brand Frontier Raas inaugurated its new store in Ahmedabad on November 1, 2026, marking another step in its retail expansion. Actor Kangana Ranaut attended the inauguration as the chief guest, alongside prominent business personalities, leading families and members of the city's fashion and cultural communities.
Titan Company shares drop 3% after Q2 results. Why Emkay, Nuvama and others remain bullish
Titan shares declined despite a 54% rise in adjusted net profit for the September quarter. Strong demand for jewellery, watches, and eyewear supported performance, while brokerages remained largely positive on the stock, citing growth prospects, market-share gains, and improving margins.
Will India's gold jewellery retailers maintain credit strength amid soaring gold prices?
India's organised gold jewellery retailers are expected to maintain strong credit profiles in FY27 despite elevated gold prices and affordability pressures, according to Crisil Ratings. Volumes may decline 4-6%, but revenues are projected to rise 21-23% as higher gold prices lift sales values. Healthy cash accruals, prudent inventory management and measured store expansion will cushion rising working capital needs, even as operating margins moderate.
Gold retailers' revenue to rise up to 23% as volume decline moderates this fiscal: Crisil
India's organised gold jewellery retailers are expected to see a slower decline in sales volumes this fiscal, with revenue projected to grow 21-23 per cent despite elevated gold prices, while their credit profiles are likely to remain resilient on the back of healthy cash flows and controlled expansion, according to Crisil Ratings.
Playstation Black Friday Sale 2026 deals: List of games, consoles and gadgets that are being offered on up to 90% discount
PS Black Friday Sale 2026 India: Sony's PlayStation Black Friday Sale 2026 is live in India, offering discounts of up to 90% on select PS5 and PS4 games. Check prices of GTA V, Spider-Man 2, Red Dead Redemption 2, Hogwarts Legacy and other popular titles.
Lenskart outlines roadmap for 25% Ebitda margin, says growth will take priority
In its shareholders' letter for the July-September quarter, the company said its strategy centred on controlling the entire value chain, from manufacturing frames and lenses to selling products directly to consumers, allowing it to retain margins otherwise distributed among suppliers and retailers.
Lenskart Q2 net profit more than doubles to Rs 232 crore, revenue rises 36%
The company’s net profit rose 125% to Rs 232 crore, compared with Rs 103.45 crore in the year-ago period. Profit before tax more than doubled to Rs 304.48 crore from Rs 148 crore a year earlier. The company's total expenses increased 31.1% — slower than its revenue growth — to Rs 2,596.8 crore, helping drive the improvement in profitability.
Bata puts its best foot forward on profits as inventory shrinks, distribution expands
Bata India is banking on distribution expansion and tighter inventory management to drive growth, as adjusted profit before tax surged 31.4% year-on-year in Q2 FY27, outpacing revenue growth of 7.5%. The footwear maker has expanded its key retail outlet network 2.6 times and targets 5,000-plus outlets by Q3 FY27.
Bata India Q2 Results: Profit rises 30% at Rs 18 crore, revenue rises to Rs 862 crore
Bata India Ltd achieved a 30.4% increase in net profit for the September quarter of FY27. Revenue from operations also rose by 7.54% to Rs 861.78 crore compared to the previous year. The company noted significant growth in profit after tax, driven by higher average selling prices. Bata India aims to maintain this growth momentum despite rising input costs and wage revisions. Shares of Bata India Ltd increased by 1.
McDonald’s supersizes its north and east India bet to $80 million, even as rising costs squeeze profit
McDonald's India is increasing its investment to approximately $80 million for growth and digitisation over the next two years. Surge in consumer demand and increased competition is prompting expansion. Despite the challenging environment due to inflation, the company aims for profitability while maintaining value for customers. McDonald's India's north and east division expects to achieve revenues of ₹2,000 crore by FY27.
New GST norms to simplify pan-India expansion for D2C brands
Among a set of changes approved by the 57th GST Council meeting on October 8, are new rules that allow brands to declare an ecommerce platform's warehouse as their local principal place of business (PPO) starting November 1, subject to conditions.
Trent net profit up 25% despite cost pressures and stiff competition
Tata's Trent retailer reported significant financial success, posting a 25% rise in net profit, which hit ₹468 crore for the quarter ending in September. The company's revenue jumped by 22%, reaching ₹5,873 crore. While geopolitical instabilities and inflation posed challenges, Trent executed strategic sourcing initiatives and expanded its presence by opening 29 new locations, consolidating its portfolio and reflecting a positive consumer outlook in the retail sector.
Trent’s big expansion plans: More Zudio & Westside stores, deeper Tier 2-3 push and Indian brands going global
Trent Ltd plans to expand its fashion and food retail businesses, deepen its presence in Tier 2 and Tier 3 cities and strengthen its lifestyle brands. Chairman Noel N Tata outlined the company's growth strategy ahead of his departure on November 11, with Bahram Vakil set to succeed him. Trent reported 22% year-on-year growth in Q2 FY27 revenue to Rs 5,873 crore, while Zudio continued expanding its retail footprint.
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