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Samsonite CEO warns Indias luggage discount wars are unsustainable and profits will keep shrinking

Samsonite CEO warns Indias luggage discount wars are unsustainable and profits will keep shrinking

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.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Vodafone Idea’s meteoric rise and sudden fall in five defining chapters

Vodafone Idea’s meteoric rise and sudden fall in five defining chapters

Vodafone Idea once led India’s telecom race, but its dominance proved short-lived. A mix of shifting industry economics, mounting financial pressure, and intensifying competition steadily eroded its position. In five quick stories, the carrier’s turnaround attempts and setbacks show how fast fortunes can change in a capital-heavy sector where every delay becomes costly.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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India’s duopoly drift concentrates power as two firms dominate aviation and beyond

India’s duopoly drift concentrates power as two firms dominate aviation and beyond

India’s market structure is quietly consolidating into duopolies, with two dominant players reaching close to 90% control across sectors such as aviation, food delivery, and digital payments. The shift can tilt incentives away from customer service toward defending market positions, raising risks for consumers and innovation. The government is stepping in to create space for new competitors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
GAIL fights for control of India gas pipelines as PNGRB pushes independent access

GAIL fights for control of India gas pipelines as PNGRB pushes independent access

For decades, GAIL built and ran India’s gas pipeline network, but a PNGRB expert committee now wants sweeping reforms. Among the most contentious ideas: pipeline operations should be independent from gas trading, to prevent conflicts of interest. GAIL is pushing back hard, and the ruling could reshape competition and influence how affordable clean energy becomes for millions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India medical tourism falls below pre covid peak as visas and geopolitics bite

India medical tourism falls below pre covid peak as visas and geopolitics bite

India’s medical tourism has slipped below its pre-Covid high, with industry citing geopolitical tensions, slow or delayed visas, and tougher competition from other Asian destinations. Leaders argue the way back is to sharpen high-tech capabilities and ensure reliable patient care. They also point to improving ties with Bangladesh as a potential boost to international arrivals.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Grasim challenges Asian Paints in CCI probe as rivals fight harder for decorative paints market share

Grasim challenges Asian Paints in CCI probe as rivals fight harder for decorative paints market share

Grasim’s anti-competition complaint has triggered a CCI probe into Asian Paints, spotlighting a growing battle for market share in decorative paints. With aggressive new players like JSW and Birla Opus entering the fray, the once-settled market dynamics are shifting fast, potentially leading to major shakeups for the incumbents.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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EU readies faster merger approvals for startups if Big Tech stays out

EU readies faster merger approvals for startups if Big Tech stays out

The European Union is set to overhaul merger rules for the first time in over two decades, offering faster approval to startups with innovation-focused deals. The quicker pathway is designed to help smaller firms scale and compete, but big technology companies are excluded from the expedited process. The update follows calls from telecom industry players seeking change.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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