Consumer spending articles

  • Wipro Consumer Care & Lighting: Wipro Consumer VC looks for more follow-on rounds

    The venture capital arm of Wipro Consumer Care & Lighting plans to do more follow-on investments from its second fund, which has a corpus of Rs 250 crore, according to its top executive.The approach of Wipro Consumer Care – Ventures has been to invest $1-3 million per deal with a follow-on investment that can go up to $4 million. The second fund will look to build a portfolio of around 15-16 companies, largely with the same ticket sizes, with a little more focus on follow-on funding, said the VC...

  • Consumer sentiment slumps

    Americans are feeling worse about the economy. And that’s partly to do with fears about lasting inflation. According to the latest data, consumers expect inflation to rise three-tenths of a percentage point a year from now. Also in this episode: Why people are eating less fast food, how employers are helping workers with addiction recovery and what lower demand for second homes means for the general housing market.

  • New spending fight emerges

    Business & Economy   The Big Story McConnell and Democrats on collision course over spending Senate Republicans are on a collision course with Democrats over government funding, as the latter insists nondefense spending programs receive equal treatment with defense programs. © Greg Nash Senate Republican Leader Mitch McConnell (Ky.) says he won’t accept Democrats’ demand