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Times of India

Economic Times

  • Apple's entry into India's top five smartphone brands in December 2024 was driven by expanding into smaller towns with aggressive affordability initiatives. The company saw record shipments of 12 million iPhones, bolstered by discounts and a 24-month no-cost EMI option, focusing on previous generation models.
  • E-commerce platform Amazon has roped in regional and national influencers to post 'experiences' of its box beds for devotees at Kumbh, which it has placed in Prayagraj, while ITC is collaborating with regional Instagram influencers for Bingo snacks. The soaps-to-staples maker is collaborating with influencers popular among audiences in Uttar Pradesh, Bihar and Jharkhand, to […]
  • India's quick commerce sector, including players like Zomato, Swiggy, Blinkit, and Zepto, is witnessing rapid growth, impacting traditional retail, especially kirana stores. However, the unique business model of kiranas and strategic moves by consumer goods firms suggest both segments can coexist, with each catering to different customer needs. Major players are also expanding into services […]
  • India's gems and jewellery exports saw a 10.29 per cent decline in December 2024 compared to the previous year due to economic uncertainties and a shift towards gold as a safe-haven investment. The export of Cut & Polished diamonds and gold jewellery also declined, though a ceasefire between Israel and Hamas may boost trade activities […]
  • Zomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August 2022. This latest investment follows Zomato raising Rs 8,500 crore through a QIP in November, a move aimed at bolstering its balance sheet in the face of growing competition.

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