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Hans India
6 days ago
- Business
- Hans India
Bengaluru: BIS Raids First Cry Warehouses, Seizes Goods Worth Rs. 90 Lakhs
Recently, authorities have been raiding warehouses of many large companies, including big e-commerce firms. In this wave of raids, the Bureau of Indian Standards (BIS) conducted a search at the warehouses of First Cry in Bengaluru. The purpose was to find goods that did not meet BIS quality standards. During the raid, officials seized goods in Bengaluru that violated the hallmarking rules under the BIS Act, 2016. They revealed that goods worth Rs. 90 lakhs were confiscated. Some of the products were being sold even though they did not meet the required quality standards. This was found to be a violation under Section 14(6) of the Act. Among the seized items were low-quality slippers and children's toys. First Cry has decided to cooperate with the raids following advice from its legal team. The company, however, clarified that it does not believe the seized goods violate BIS regulations. They also said the raid has not disrupted their business operations. BIS has conducted raids on First Cry's warehouses located in Bhimakkanahalli, Sulibila, Hubli, and Hoskote talukas of Bengaluru Rural district. The company stated that these actions have not caused significant financial loss. They are currently exploring legal options to address the situation. This is not the first time First Cry has faced such scrutiny. In November 2024, the company was investigated by Mumbai GST officials. In the fourth quarter ending March, First Cry reported a revenue of Rs. 1,930 crore but faced a net loss of Rs. 111.5 crore. Concerns are growing over the company's rising losses.
Economic Times
27-05-2025
- Business
- Economic Times
Standards regulator BIS seizes FirstCry products worth Rs 90 lakh
The Bureau of Indian Standards (BIS) carried out a search and seizure operation on Monday at a Bengaluru warehouse of FirstCry parent Brainbees Solutions, confiscating goods worth Rs 90 lakh for further investigation, the company said in an exchange filing on Tuesday. The action did not impact the company's operations, and they continue as usual, omnichannel baby care retailer FirstCry said in its filing. The standards regulator has alleged that FirstCry is in contravention of Section 14(6) of BIS Act, 2016 regarding a few products. The provision prohibits unauthorised establishments from assigning the Standard Mark or the ISI Mark to goods. The mark indicates a product meets the required quality standards."The company has taken note of the observations made by the BIS and is obtaining appropriate legal advice. Further, the company has no reasons to believe that the products seized by BIS are non-compliant of BIS Act, 2016,' the company said. On Monday, Brainbees Solutions reported a subdued performance for the March quarter, with its consolidated net loss widening 2.5 times year-on-year (YoY) to Rs 111.5 crore, compared to Rs 43 crore in the same period last year. The drop in bottomline came despite a 16% YoY rise in operating revenue to Rs 1,930.3 crore during the quarter. Along with revenue growth across business segments, the FirstCry parent saw consolidated expenses increase to Rs 1,914 crore, up from Rs 1,634 crore in the previous quarter.
Time of India
27-05-2025
- Business
- Time of India
Standards regulator BIS seizes FirstCry products worth Rs 90 lakh
The Bureau of Indian Standards (BIS) carried out a search and seizure operation on Monday at a Bengaluru warehouse of FirstCry parent Brainbees Solutions , confiscating goods worth Rs 90 lakh for further investigation, the company said in an exchange filing on Tuesday. The action did not impact the company's operations, and they continue as usual, omnichannel baby care retailer FirstCry said in its filing. The standards regulator has alleged that FirstCry is in contravention of Section 14(6) of BIS Act, 2016 regarding a few products. The provision prohibits unauthorised establishments from assigning the Standard Mark or the ISI Mark to goods. The mark indicates a product meets the required quality standards . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo "The company has taken note of the observations made by the BIS and is obtaining appropriate legal advice. Further, the company has no reasons to believe that the products seized by BIS are non-compliant of BIS Act, 2016,' the company said. On Monday, Brainbees Solutions reported a subdued performance for the March quarter, with its consolidated net loss widening 2.5 times year-on-year (YoY) to Rs 111.5 crore, compared to Rs 43 crore in the same period last year. Live Events The drop in bottomline came despite a 16% YoY rise in operating revenue to Rs 1,930.3 crore during the quarter. Along with revenue growth across business segments, the FirstCry parent saw consolidated expenses increase to Rs 1,914 crore, up from Rs 1,634 crore in the previous quarter. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories
Hans India
25-04-2025
- Business
- Hans India
BIS Seizes ₹2.5 Crore Worth of Non-Compliant Products; Educates E-Commerce Warehouse Staff
The Bureau of Indian Standards (BIS), Bengaluru Branch, seized goods worth ₹2.5 crore from the largest warehouse of an e-commerce platform in South India. The products were found to be non-compliant with the Quality Control Orders (QCOs) issued by the Government of India and the BIS Act, 2016. The company was allegedly storing and selling items that did not meet BIS regulations. Some of the products were using fake ISI and BIS registration marks. In total, around 104 product varieties — including 17,500 units like wireless earbuds, Bluetooth earphones, speakers, toys, footwear, and cables — were found to be in violation. Some of the seized products fall under the Compulsory Registration Scheme, while others require Mandatory Certification from the Bureau of Indian Standards (BIS). As per the Quality Control Orders (QCOs), any product covered under these regulations cannot be manufactured or sold without a valid BIS license. The raid was conducted under the leadership of: Narender Reddy Beesu – Director Vinodini Kishore – Director Premlata Sinha – Joint Director Piyush Kumar Gupta – Assistant Director During the inspection, the BIS team also educated the warehouse staff on how to check product compliance before allowing sellers to store goods.
New Indian Express
25-04-2025
- Business
- New Indian Express
BIS raids warehouse in Bengaluru, seizes items worth Rs 2.5 crore
BENGALURU: The Bureau of Indian Standards (BIS), Bengaluru Branch Office, seized Rs. 2.5 crore worth of non-compliant goods at the largest warehouse of an e-commerce platform in South India. The firm was allegedly storing and selling products that violated the Quality Control Orders (QCOs) issued by the Government of India and the BIS Act, 2016. Several product models seized from the premises were not licensed, and had misused the ISI mark and registration mark. The items also violated the terms of the BIS license. Around 104 varieties, comprising around 17,500 units— including wireless earbuds, Bluetooth earphones, speakers, toys, footwear, cables, and more — were found in violation. According to a press release, some of the products fall under the Compulsory Registration Scheme, while others are subject to Mandatory Certification by BIS, in accordance with the QCOs. These orders mandate that no product shall be manufactured or sold without a valid BIS license and compliance with the relevant Indian Standards. The operation was led by Narender Reddy Beesu (Director), Vinodini Kishore (Director), Premlata Sinha (Joint Director), and Piyush Kumar Gupta (Assistant Director). The team also educated the warehouse personnel on how to check product compliance before allowing sellers to store goods on the premises.
