Papa John’s Comeback Play: Rs 100 Cr in Year 2, 650-Store Ambition
Papa John’s is relaunching in India with a goal of $12 million revenue in its second year and a 10‑year plan to open 650 stores. The brand, now fully owned and operated by Pulsar Capital, is using a company‑owned, company‑operated (CoCo) model and a hyper‑localised menu to cut costs and improve margins. It has opened 10 stores in six months, targeting 30 by the end of 2026, and focuses on clustered expansion in Bengaluru, Chennai and Hyderabad. Average daily sales per store are about $845, with breakeven reached in six months and payback in 2‑2.5 years.
Tata Invests ₹1,500 Crore More to Charge up iPhone Biz
India’s Tata Group has injected an additional ₹1,500 crore ($181 million) into Tata Electronics, bringing its FY26 total equity infusion to ₹3,000 crore. The company also boosted the authorized share capital of its Pegatron Technology India unit to ₹6,250 crore ($753 million) and is positioning...
For FDI, E-Comm Exports Must Be in Separate Cart
The Central Board of Indirect Taxes and Customs has rolled out reforms to streamline e‑commerce exports, including lifting the Rs 10 lakh (≈ $12,000) value cap per courier shipment. The government is evaluating allowing foreign direct investment in inventory‑based e‑commerce solely for overseas...
Zepto IPO: How It Stacks up Against Listed Rivals Blinkit & Instamart
Indian quick‑commerce platform Zepto is preparing an IPO in June‑July 2026, filing a draft for a ₹11,000‑12,000 crore ($1.3‑$1.45 bn) issue. The company runs about 1,100 dark stores and processes 2.4‑2.5 million orders daily, trailing Blinkit’s 2.6 million but ahead of Instamart. Zepto posted...
Bosch May Launch AC Brand in India; Hitachi Label to Stay
Bosch Home Comfort India is assessing the launch of Bosch‑branded air conditioners, marking a potential first AC entry for the brand in Asia. The company will retain sales of Hitachi‑branded units under a long‑term licence after acquiring a controlling stake...
Burjis Godrej Elevated as Agrovet Chair Amid Leadership Shift
Godrej Industries Group announced a generational leadership shift, elevating 34‑year‑old Burjis Godrej to chair of Godrej Agrovet. His father, 75‑year‑old Nadir Godrej, will retire in August and assume the honorary title of chairman emeritus, while son Pirojsha Godrej will take...
Sharon Pais Takes over From Nandita Sinha at Myntra, Bets on M-Now for Growth
Flipkart‑owned Myntra appointed Sharon Pais as its new CEO, succeeding Nandita Sinha who will depart in the coming months. Pais, formerly head of Flipkart Fashion, said the company will keep its strategic focus on brand expansion and AI‑driven discovery while...
Consumer Company CTOs Want Engineers Who Can Think, Not Just Code
Consumer‑focused CTOs are shifting hiring criteria toward softer skills such as creativity, curiosity, and the ability to treat AI as a collaborator. Across D2C firms like Meesho, Noise, Ixigo and Razorpay, senior engineering recruitment surged 210% between 2024 and 2025,...
Brands Focus on Leaner Product Lines Amid Surging Input Costs
Brands across smartphones, televisions and fast‑moving consumer goods are trimming product portfolios as input costs surge amid the Iran war and AI‑driven demand for components. Memory chips have risen 50‑90% and packaging materials 20‑35%, prompting manufacturers to cut 5‑7% of...
India Inc Ramps up Exports as Iran Ceasefire Reopens Middle East Trade
India Inc is rapidly reactivating exports to the Middle East following a two‑week Iran ceasefire that reopened the Strait of Hormuz. Pharma, packaged‑food and electrical‑goods manufacturers report rising demand as regional inventories are restocked and reconstruction projects loom. Companies such...
Hindustan Unilever to Focus on Regaining Market Share: Global CEO Fernando Fernandez
Unilever’s global chief Fernando Fernandez told a Barclays fireside chat that Hindustan Unilever must focus on regaining market share lost to online rivals in India. He emphasized making the portfolio “future‑fit” and executing flawlessly, noting India accounts for roughly 16‑17%...
Philips Targets 5–6x Growth in Mother & Child-Care, 3–4x in Personal Health
Philips Avent is positioning India as its primary growth engine, aiming for 5–6× global expansion in mother‑and‑child care and 3–4× in personal‑health appliances. The company cites India’s activation ROI—nearly twice that of Europe or North America—as the catalyst for this aggressive...
West Asia Tensions Disrupt Indian FMCG Recovery for FY27-28: Report
Geopolitical conflict in West Asia is derailing the Indian FMCG sector’s anticipated recovery for FY27‑28. PhillipCapital now projects a median 3.3% earnings cut for FY27 and trims average P/E multiples by 7%, after the Nifty FMCG index slipped roughly 10%...
PVR INOX to Pivot Expansion to 100 Pc FOCO Model over 4 Years
PVR INOX Limited announced a strategic pivot to a 100% FOCO (franchise‑owned, company‑operated) expansion model over the next four years, moving away from its capital‑intensive COCO approach. The company currently runs 1,802 screens and has 71 FOCO screens, adding 12...
India's Natural Diamond Market May Reach Rs 1.5 Lakh Cr by 2030: De Beers Report
De Beers’ 2025 India Diamond Acquisition Study projects the Indian natural‑diamond jewellery market to reach Rs 1.5 lakh crore (about $18 billion) by 2030. The forecast rests on an 11% annual rise in GDP and personal disposable income through the decade. Consumer dynamics are shifting,...