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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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Myntra’s EORS drives 1.3X growth in first-time shoppers, led by non-metros, D2C brands
BL Bengaluru Bureau · 2026-06-19 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The sale highlighted the rapid adoption of Myntra’s hyper-speed delivery service, M-Now, which offers 30-minute deliveries across 11 cities.

The sale highlighted the rapid adoption of Myntra’s hyper-speed delivery service, M-Now, which offers 30-minute deliveries across 11 cities.

Myntra’s End of Reason Sale recorded 1.3X growth in first-time shoppers compared to last year’s June edition, with non-metro markets driving 55 per cent of that demand. Emerging, Made-in-India D2C brands under the Myntra Rising Stars initiative recorded an average 40 per cent increase in demand. The event featured over 6 million styles and onboarded 5,000 first-time partner brands, providing massive national visibility to emerging labels like Mamaearth and Powerlook, which saw demand surge over 70 per cent above their daily averages.

Seasonal shopping for weddings, summer travel and workwear shaped customer demand throughout the event. Men’s casual wear led initial sales while eyewear achieved the highest growth on opening day, alongside steady traction in women’s ethnic wear and beauty. In non-metro markets, the momentum was heavily driven by ethnic wear and sports footwear from prominent brands like Bata, Nike and Libas.

Hyper-speed Delivery

The sale also highlighted the rapid adoption of Myntra’s hyper-speed delivery service, M-Now, which offers 30-minute deliveries across 11 cities. While Delhi, Bengaluru, and Mumbai remained the strongest markets, non-metro cities like Patna and Jaipur showed growing reliance on the service. Additionally, Myntra’s Gen Z-focused FWD platform contributed significantly to overall orders by offering a curated selection of over 700,000 trendy styles.

Ritesh Mishra, SVP, Head of Revenue and Category, Myntra, highlighted the platform’s reach, stating, “We are particularly encouraged by the momentum witnessed across non-metro markets and the growth we were able to propel for emerging D2C brands, many of whom leveraged EORS to connect with customers at an unprecedented scale. As we continue to strengthen our technology-led shopping experience, we remain focused on bringing the best of trends from leading fashion and lifestyle brands to India’s digitally savvy consumers.”

Published on June 19, 2026