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Campaign group hits out at Edgbaston traffic proposal

'Rat run' fear over decision to open up street to through traffic.





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Ex Cathedra announce 24-25 season

Works by Bach, Bruckner, Allegri, Latin American Baroque and more.






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Spa-rkling preparation for the festive season

Helen Annetts steps into Christmas at The Spa at Breedon Priory.









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Christmas is cancelled

Andy Munro issues a pre-festive plea.




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Jewellery Quarter lights up for Christmas

Christmas lights and festive displays to add retail cheer.




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Christmas chocolate pop up for Bullring

Birmingham chocolate manufacturers follow up TV appearance with festive opportunity.




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Sustainable Beauty & Fashion Brands, Shops That Birmingham Residents Can Support

Shopping ethically in the city.







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Christmas with Ex Cathedra

Ex Cathedra return with their magical Christmas Music by Candlelight concerts this December.




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Shreyas Srinivasan, Paytm CPO and founder of Insider.in, bids farewell to the unicorn; shares heartfelt message

Shreyas Srinivasan, Paytm's Chief Product Officer, has announced his departure from the company after more than ten years. His exit comes after Paytm sold its ticketing platform, Insider.in, to Zomato. Srinivasan played a key role in Insider.in's growth, from its inception to its merger with Paytm.




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UK's ASOS battling for turnaround in tough market

ASOS, the British online fashion retailer, is striving to regain growth by 2025 after facing challenges such as a decline in active customers and stiff competition.




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Udaan reports flat revenue in FY24, narrows losses by 19% as focus on profitability continues

“Udaan’s financial performance for FY23-24 reflects its commitment to building a robust, profitable and resilient business. With revenue reaching INR 5,700 crores for FY23-24, we have made significant strides toward profitability, reducing EBITDA burn by 40% year-on-year to ~INR 900 crores,” said Kiran Thadimarri, SVP Finance, Udaan in a LinkedIn post.




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Public digital infrastructure helped micro level players grow in India: FM Sitharaman

"The government has come up with Open Network for Digital Commerce (ONDC), an open network for digital commerce that is helping even the bigger e-commerce businesses," said Union Finance Minister Nirmala Sitharaman.




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ED to summon Amazon, Flipkart executives as regulatory scrutiny grows

The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion e-commerce market. An antitrust investigation also found the two companies breached laws by favouring select sellers, Reuters has reported.




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Amazon developing driver eyeglasses to shave seconds off deliveries, sources say

Amazon's delivery glasses, the people warned, could be shelved or delayed indefinitely if they do not work as envisioned, or for financial or other reasons. The sources said they may take years to perfect. "We are continuously innovating to create an even safer and better delivery experience for drivers," an Amazon spokesperson said, when asked about the driver eyeglasses. "We otherwise don't comment on our product roadmap."




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White collar hiring grows 10 pc in Oct led by oil & gas, pharma, FMCG: Report

Key sectors, including oil & gas (18 per cent), pharma/biotech (12 per cent), FMCG (8 per cent), and IT (6 per cent) emerged as primary drivers of this positive trend, with AI/ML roles showing exceptional growth at 39 per cent year-on-year, the report stated.




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Prices up, but wedding season boosts demand for kirana items

Indore's Siyaganj market is experiencing a surge in demand for groceries ahead of the wedding season, despite significant price increases in edible oils, pulses, and grains. Traders anticipate an 8-10% rise in business compared to the previous year, driven by bulk orders from caterers and increased individual purchases.




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Retail space leasing in malls, main high streets falls 1 pc to 1.63 mn sq ft during Jul-Sep: Report

Retail leasing in India's top eight cities dipped slightly in the third quarter of 2024, driven by strong demand on main streets and limited mall supply. While overall leasing edged down 1%, main streets accounted for 68% of activity, pushing rental rates up in several cities.




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Goldman Sachs look to join hands with Bhartias of Jubilant for HCCB stake buy, to finance upto Rs 3500 cr

The Bhartia family and Goldman Sachs are joining forces for a significant deal. They are planning to acquire a large stake in HCCB, the bottling arm of Coca-Cola in India. Goldman Sachs will provide substantial financial backing for this venture. The deal involves a planned future listing of HCCB, allowing Goldman Sachs to exit strategically. This move mirrors PepsiCo's successful strategy with Varun Beverages.




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2024 festive season sees highest gig workers demand driven by logistics, retail sectors: Report

India witnessed a surge in gig employment opportunities during the 2024 festive season, with over 1.2 million roles posted. This growth, a 23% increase from the previous year, was fueled by e-commerce expansion and a shift towards flexible work arrangements. Tier II cities are emerging as new gig hubs, while higher pay is attracting skilled professionals.




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Wonderchef eyeing Rs 350 crore in sales this festive season

The brand is expecting at least a 30 per cent increase in corporate gift sales during the festive season, with a growing number of corporate clients opting for bulk purchases.




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Asian Paints Q2 net profit falls 42% on subdued demand

Net profit after minority interest declined to ₹694.60 crore in July-September quarter from ₹1,205.40 crore during the corresponding period of last fiscal year. Consolidated net sales decreased 5.3% to ₹8,003.0 crore from ₹8,451.9 crore.




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Rising competition, price hikes & declining volumes? Amit Syngle on what Asian Paints will do going ahead

Asian Paints faced a challenging second quarter with muted demand due to uneven rainfall and a slowdown in metro cities. Despite price hikes, competitive intensity remains high. The company is cautiously optimistic about single-digit volume growth in the coming quarter while closely observing AkzoNobel's strategic review of its India business.




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Pernod Ricard emerges as largest Indian spirit maker with Rs 26,773 cr revenue in FY24

Pernod Ricard India Pvt Ltd (PRI) has reported an overall 6.9 per cent increase in its revenue from operations for FY24, and its profit rose 20.9 per cent to Rs 1,620.58 crore, according to the Registrar of Companies data accessed by business intelligence platform Tofler.




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Air purifier sales stagnate as marketers fail to capitalise on worsening pollution

Despite severe air pollution in Indian cities, particularly in Delhi-NCR, the market for air purifiers and anti-pollution personal care products remains small. Consumers perceive limited tangible benefits and sales spike only during peak pollution periods. While some growth occurs after Diwali, the overall market remains stagnant, with some companies exiting or scaling back operations.




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Xiaomi India president Muralikrishnan steps down due to personal reasons

Xiaomi India President Muralikrishnan B has resigned to pursue a doctorate, marking the end of his tenure during a period of recovery for the leading smartphone company. Muralikrishnan, who joined in 2018, will transition into a six-month gardening leave. His departure follows strategic executive appointments aimed at boosting offline sales and premium market presence.




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July-Sept wearables shipment down 30% as brands clear inventory

According to early estimates from Counterpoint, shipments in the wearables industry fell 30% on-year in the July-September quarter with nearly every top brand including Boat and Noise seeing sharp declines in numbers. However, shipments of premium smartwatches and audio products nearly doubled, pushing up the average selling price.




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Tata's Croma names Shibashish Roy as chief executive officer

Infiniti Retail, that operates popular electronics retailer Croma, is preparing for a leadership transition. Shibashish Roy, the current Deputy CEO, will step into the role of CEO on November 18, 2024, succeeding Avijit Mitra. Mitra, who has been instrumental in Croma's growth.




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India emerging as good opportunity market for Sony's gaming biz, says India MD

Sony India, experiencing substantial growth in its gaming sector due to the PlayStation 5's success, is now eyeing India as a key market. Despite anticipating moderated growth this fiscal year, the company remains committed to expanding its gaming presence, including software and peripherals. Sony India last week filed its annual returns to report over 50.1 per cent growth from its 'other business' segment at Rs 1,363.54 crore, which houses its gaming and B2B business.




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DAEWOO India appoints C.M. Singh as joint managing director

DAEWOO India has brought on C.M. Singh as its new Joint Managing Director. Singh brings over 30 years of experience to the role, having previously held leadership positions at LG, Videocon, TCL India, and Sukam. DAEWOO aims to leverage Singh's expertise to expand its presence in the consumer durables sector and reach new markets across India.




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Pidilite appoints Sudhanshu Vats as MD designate; Bharat Puri to step down

The board of Pidilite -- maker of Fevicol, Dr Fixit, Fevikwik and M-Seal -- at its meeting held on Thursday approved the appointment of Vats as Managing Director Designate, who is currently Deputy Managing Director of Pidilite Industries.




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India remains fastest growing paper market in world: Report

India's paper market is experiencing rapid growth, with packaging paper and paperboard consumption rising at 8.2% in 2023-24. The market, driven by demand from FMCG, textiles, pharmaceuticals, e-commerce, and healthcare sectors, benefits from the ban on single-use plastics. Overall paper demand in India grows at 6-7% annually.




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Linc appoints Sachin Bhatnagar as president - global business

Linc, a writing instruments brand, has appointed Sachin Bhatnagar as its new president of global business. Bhatnagar brings over 30 years of experience to the role, having previously served as CEO at Lykis. He will be responsible for driving Linc's strategic direction and growth.




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Fashion retailer Pernia's Pop-Up Shop eyes ₹250 crore in pre-IPO funding

Pernia's Pop-Up Shop is raising funds for its initial public offering. The company plans to use the funds to expand its retail network and become debt-free. The retailer aims to open more stores in Mumbai and Delhi. Pernia's Pop-Up Shop sells designer wear from various brands. The company achieved significant revenue growth in the last financial year.




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Under Armour lifts profit forecast on cost savings, shares surge

Under Armour's shares surged 20% after the company raised its annual profit forecast, driven by cost-cutting measures and a focus on full-price sales. Founder and CEO Kevin Plank's strategy of reducing discounts and inventory helped boost gross margins, signaling a potential turnaround for the sportswear brand.




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Home textiles to weave 6-8% growth after rebound from last fiscal year: CRISIL Ratings

Driven by strong demand from the US and growth in the domestic market, India's home textile industry is poised for a 6-8% growth this fiscal year. Despite economic concerns in the EU, the industry's credit profiles are expected to remain stable, supported by healthy cash accrual and moderate capital expenditure plans.