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SECTOR | 25 Aug 2026

Mondelez India, Amway, others took corrective measures after notices: FSSAI

Business Line

Measures taken by companies include withdrawing of misleading label claims and revising product packaging, the food regulator said in an social media post

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 24 Aug 2026

Hindustan Coca-Cola Beverages Certified as a Top Employer in India for 2026 by Top Employers Institute

Business Line

Hindustan Coca-Cola Beverages Certified as a Top Employer in India for 2026 by Top Employers Institute

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 22 Aug 2026

FSSAI issued 150 notices to food brands over misleading ads in recent weeks

Business Standard

Food regulator FSSAI on Saturday informed that it has issued 150 notices to food companies, including major brands Nestle India, PepsiCo and Coca-Cola India, in recent months over misleading advertisements, false claims and non-compliance with labelling regulations. In a social media post, the Food Safety and Standards Authority of India (FSSAI) shared an update on its enforcement action taken against major brands in recent months. "Over 150 notices issued for misleading advertisements, false claims & labelling non-compliances," the FSSAI said. The regulator shared the list of a few major brands against whom action has been taken. These are Nestle India, PepsiCo, Abbott India Ltd, Red Bull India, Danone India, Monster Energy India Pvt Ltd, Hell Energy Pvt Ltd, Mondelez India, Coca-Cola India, Diageo, Pernod Ricard, Ferrero India and Kenvue Inc. In the past few months, the FSSAI said it has taken action against various food business operators (FBOs) for serious violations of its ..

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 20 Aug 2026

High Conviction Ideas:Retail

Retailing

Axis Direct

We are pleased to present our curated Top Conviction Idea for the Retail sector following our comprehensive review of Q1FY27 earnings.

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 14 Aug 2026

FDA shuts some Domino's, Pizza Hut stores in Maharashtra over hygiene lapse

Business Standard

In recent weeks, India's federal food regulator has cracked down on labelling by companies including PepsiCo and Diageo that it says breaches rules, while also cancelling many food business licenses

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 07 Aug 2026

India witnessed strong volume growth in June quarter, offers long-term growth opportunity: Coca-Cola says

Business Line

India and China outgrowing more developed markets such as Australia, Japan and Korea, Braun said

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 29 Jul 2026

Devyani International Q1 result: Net profit jumps to 17 cr, revenue up 16%

Business Standard

Devyani International Ltd, one of the leading QSR operators, on Wednesday reported a multifold jump in net profit at Rs 17.1 crore for June quarter FY27. It had reported a net profit of Rs 2.22 crore for April-June FY26, according to a regulatory filing. DIL is the largest franchisee for Yum Brands' QSR chains - KFC and Pizza Hut in India. In addition, DIL is the sole franchisee for Costa Coffee, Tea Live, New York Fries and Sanook Kitchen in India. It also owns the South Indian vegetarian food QSR chain Vaango. Revenue from operations was up 16.47 per cent to Rs 1,580.51 crore in the June quarter of FY27. Total expenses were up 15.31 per cent in the June quarter to Rs 1,576.85 crore. Total income, which includes other income, was at Rs 15,997 crore, up 16.72 per cent in the quarter. Earlier this year, Sapphire Foods India and DIL, the two leading franchise operators of KFC and Pizza Hut announced a merger, through a share swap, which will create one of the largest chains in Indi

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 28 Jul 2026

World Cup hydration breaks help Coca-Cola lift its annual forecasts

Business Standard

Increased consumption during the World Cup added to the momentum for Coca-Cola's trademark beverages and zero sugar sodas

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

India witnessed strong volume growth in June quarter, offers long-term growth opportunity: Coca-Cola says

Business Line | 28 Jul 2026 1 more

Retailing

SECTOR | 27 Jul 2026

Suvendu Adhikari appeals to migrant workers to return to Bengal, assures govt to ensure employment opportunities

Business Line

The Chief Minister said Amul will establish an ice cream manufacturing plant on 15 acres of land in North Bengal. Twelve tea gardens are expected to reopen within the next two months.

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.

Retailing

SECTOR | 26 Jul 2026

Costa Coffee store count shrinks to 198 in India in FY26, revenue up 7%

Business Standard

British coffee chain brand Costa Coffee's store count in India shrunk to 198 outlets in FY26 from 220 a year ago, marking a first decline in over five years in a key market for the company, according to the latest annual report of its exclusive franchise partner Devyani International Ltd (DIL). Costa Coffee is owned by global beverage major The Coca-Cola Company. However, Costa Coffee's revenue was up 7 per cent year-on-year to Rs 212.5 crore in FY26. In FY25, sales/revenue from operations increased 30.76 per cent to Rs 198.5 crore, driven by store expansion, with the network growing to 220 outlets from 179. FY26 revenue saw growth despite the store count falling, underlining the shift from network-led growth to higher revenue per outlet. The net reduction of 22 cafes marks a break from Costa Coffee's expansion run since FY21, when it operated just 44 outlets in the country. The store count had risen every year since then -- to 55 in FY22, 112 in FY23, 179 in FY24 and 220 in FY25 -

Axis Direct released a Sector Update report for Retailing on 20 Aug, 2026.