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June quarter likely to be a laggard for FMCG, multiplex sectors

FMCG companies face muted June quarter due to inflation, heat wave, and election impact; anticipate demand uptick in July.

Capex, welfare scheme enhancements to boost rural consumption

Capex, welfare scheme enhancements to boost rural consumption
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Food processing contribution to GVA needs to quadruple to become developed nation by 2047: Grant Thornton

Food processing contribution to GVA needs to quadruple to become developed nation by 2047: Grant Thornton
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Deals in consumer, retail fell by a third in 2023, transaction value down 9% - Grant Thornton Bharat

Deals within ecommerce nearly halved by value to 3.3 billion while the number fell 70% to 124 deals. Apparel and retail, however, saw deal transaction surge seven times, led by Reliance Retail which raised nearly $1.6 billion from Qatar Investment Authority and Abu Dhabi Investment Authority. Lenskart also received a funding of $500 million during the first half of 2023, followed by M&G Plc, Lightspeed Venture Partners and DST Global buying a stake in Udaan last month.

Deals in consumer, retail fell by a third in 2023, transaction value down 9% - Grant Thornton Bharat, ET Retail

Grant Thornton Bharat: The number of deals through mergers and acquisitions and private equity funding in the consumer sector dropped to 331 last calendar year from 514 a year earlier while the drop in value was 9% lower at $8.6billion against $9.3 billion largely led by ecommerce sector even as textiles, durables and retail sector saw higher deal count, said the report shared exclusively with ET.

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