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At Sid’s Farm, the pursuit of milk begins with uncompromising standards
Sid's Farm is strengthening consumer trust through rigorous daily quality checks and a parent-first approach to dairy production. The company invests over ₹15 lakh every month in antibiotic residue testing while rewarding farmers for maintaining quality standards. Its #HoldUsToIt campaign encourages consumers to question and verify its practices, promoting transparency over traditional brand promises. By aligning supply-chain integrity with food safety, Sid’s Farm aims to set a new benchmark for trust in India's dairy sector.
I can hurt, but I can't win: The reality of India's D2C insurgents
India's new-age consumer brands are rapidly disrupting markets, with revenues soaring. However, a significant challenge persists: while creating a challenger brand is easier, building a large-scale, enduring business remains incredibly difficult. Most brands struggle to cross key revenue milestones, highlighting the immense gap between niche disruption and market dominance. Incumbents' established advantages continue to pose a formidable hurdle for these emerging companies.
Alpha Wave sells entire 1.9% stake in Delhivery; stock falls over 2%
Global investment firm Alpha Wave Global has divested its entire 1.93% stake in logistics giant Delhivery for Rs 665 crore. This significant exit saw the firm offload over 1.44 crore shares. In related news, venture capital firm Nexus Venture Partners also sold a substantial stake in Delhivery, while Mirae Asset Venture Investments reduced its holding in logistics firm Shadowfax Technologies.
In the age of AI, telecom vendors say no device can be declared vulnerability-free
Telecom equipment manufacturers are struggling with the government's demand for guaranteed vulnerability-free gear, citing the rapid evolution of cyber threats. Vendors met with the Department of Telecommunications seeking clearer policy guidelines for Pro Tem certificates, essential for selling products like 5G equipment. The government assured that National Centre for Communication Security is finalizing new policy guidelines soon, addressing industry concerns about self-declarations and potential penalties.
BSNL's corner office goes open market as Centre seeks new CMD
The government is actively seeking a new Chairman and Managing Director for BSNL, opening the door to private sector professionals for the first time. Applicants must meet specific age and financial criteria, with a deadline of July 22. This strategic move aims to bring fresh leadership to the state-owned telecom giant, following an extension for the current interim chief.
Stocks to Watch for June 24: Infosys, IRFC, Honasa Consumer, Delhivery and more
Infosys expands GlobalFoundries AI IT deal, NLC India and IOCL plan green JV, YES Bank, Delhivery, IRFC, Honasa Consumer and Satin Creditcare announce moves. Here are few stocks to track ahead of Wednesday's trading session.
Info Edge shares in focus as AI portfolio doubles to Rs 1,268 crore; total holdings at Rs 41,300 crore
Info Edge shares will be in focus after the company reported its AI startup portfolio has more than doubled to Rs 1,268 crore from Rs 614 crore. Overall startup investments are valued at about Rs 41,300 crore, driven by strong gains in consumer tech and steady growth in deeptech bets.
Draft satcom spectrum rules: Govt proposes layers of security approvals, conditional consumer service
India draft rules require satcom firms like Starlink, Eutelsat OneWeb and Jio Satcom to obtain security clearance and central approval before using administratively assigned spectrum
Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA
Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense competition, consumer demand remains robust, defying concerns about slowing discretionary spending. The report highlights resilient growth across various internet sectors, including online travel, quick commerce, and logistics, with AI adoption poised to enhance customer experience and optimize costs.
Myntra EORS sees 30% rise in new shoppers; D2C brands log strong demand growth
Myntra said its latest End of Reason Sale (EORS) recorded a 30% year-on-year increase in first-time shoppers, with non-metro cities contributing 55% of new customers. Demand for homegrown direct-to-consumer (D2C) brands rose 40% from a year ago, while the platform added 5,000 first-time partner brands. Fast-delivery service M-Now and Gen Z-focused platform FWD also reported higher engagement.
Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: Report
Power and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technology. This trend is driven by digital infrastructure and renewable energy needs. The private sector is now a major investor. Transport, chemicals, and metals also see substantial capital allocation. Consumer segments hold smaller shares.
Consumer groups oppose Trai plan to scrap advisory panel for telecom complaints
Consumer advocates are pushing back against the telecom regulator's plan to eliminate the advisory committee for complaint appeals. They argue this move would remove a vital safeguard for consumers. Instead, they propose modernizing the committee with digital tools and faster turnaround times. Telecom operators, however, support the regulator's proposal.