Akshara Srivastava tracks the Indian consumption story at Business Standard. From fast-moving consumer goods (FMCGs) to offline retail and luxury, along with hospitality and travel, Akshara has a deep interest in uncovering the trends and nuances shaping consumer behaviour across these sectors. She also writes about the Ministry of Consumer Affairs and FSSAI.
Akshara Srivastava tracks the Indian consumption story at Business Standard. From fast-moving consumer goods (FMCGs) to offline retail and luxury, along with hospitality and travel, Akshara has a deep interest in uncovering the trends and nuances shaping consumer behaviour across these sectors. She also writes about the Ministry of Consumer Affairs and FSSAI.
The company is set to close FY24 with a revenue of Rs 1,800 crore up from Rs 1,150 crore in FY24
The per household average spend in the urban market recorded a 13% jump in a year to reach Rs 6,761 this Oct quarter
From specialised senior-friendly tours to redesigned hotel amenities, the industry is becoming increasingly attuned to the unique requirements of elderly travellers
Taneira will close FY25 with 85 stores and plans to open 15-20 stores every year to take the total count to 125 by FY27
IHCL's plans two offerings in Bahrain, Saudi Arabia each
Company plans six Helios Luxe stores in FY25, grow them to 35 in two stores
The sector has long been demanding infrastructure status, which will help it avail debt at a lower cost and boost reinvestment of profits within the industry
Infrastructure status and easing taxation have been a long-standing demand of the sector
Agarwal expresses confidence of pick up in private capex and opportunities arising out of US president-elect Donald Trump's tariff war
Reports peg the deal at around Rs 12,500 crore
The Bhartias and the Jaipurias are already competing in the quick-service restaurant (QSR) space as both have known global brands in their portfolios
Milk and milk products were the biggest contributors to the company's revenue, with a share of 72.47 per cent
Currently, aerated beverages, regardless of their sugar content, attract a 28 per cent GST-the highest slab-along with a compensation cess of 12 per cent
Identifying India as a key priority market, Diego Bianchi, general manager, emerging markets and barrel select at Sazerac Company
Demand for Irish whisky was six times higher in 2023 than in 2020: IWSR report
While foreign tourist arrivals in India are yet to return to pre-pandemic levels, Steenbergen noted strong international demand from travellers wanting to visit the country
Malls go empty, open-air markets also hit
Apart from Delhi, bulk shipments of onions were also sent to Chennai in October and to Guwahati in early November
Industry consensus at the meeting emphasised the need for ethical marketing practices and consistent terminology to enhance consumer protection
The acquisition, valued at Rs 1,300 crore, will be completed within nine months