Samsonite CEO says discounting in India’s luggage market is unsustainable, eroding profitability as new players aggressively cut prices. While the sector keeps growing, that growth may slow due to a higher baseline and intensifying competition. Samsonite managed to outpace VIP Industries in revenue, yet VIP’s profits reportedly dropped sharply despite rising sales.
India’s pharma market, valued around INR 2.17 lakh crore, faces mounting profit pressure as fake drugs erode trust and government Jan Aushadhi initiatives intensify competition. Industry voices point to early signs of fatigue, but many insist the sector isn’t collapsing and a rebound could still be on the horizon if enforcement and demand dynamics improve.
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Meesho’s rise from a tiny start to roughly INR 10,000 crore revenue in eight years has fueled comparisons to an “Aam Aadmi’s Amazon.” Yet the key question for a potential IPO remains unchanged: like other high-growth unicorns, Meesho has not turned profitable, raising scrutiny over sustainability and investor returns.
While investors watch Reliance Jio’s subscriber gains and Reliance Retail’s relentless expansion, the company’s upstream oil and gas business has been quietly thriving. It delivered one of its best years ever, emerging as Reliance’s most profitable unit. The shift highlights how earnings may be driven by energy even as newer consumer bets dominate headlines.
Steelmakers are expected to post a major profit surge in the March quarter, backed by seasonal demand and a new protectionist measure. Analysts forecast higher steel prices and stronger volumes will offset rising coking coal costs. SAIL is projected to see the steepest profit growth, while improving India’s trade balance and steady domestic demand strengthen the sector’s outlook.
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