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1 month ago | 
business-standard.com | Gulveen Aulakh |Akshara Srivastava
Experiences will be the new frontier of growth for vacation rental company Airbnb, said its global Chief Financial Officer, Ellie Mertz. In an interview in New Delhi with Akshara Srivastava and Gulveen Aulakh, she said the company is betting big on the Indian growing middle class and is partnering with the government to accelerate business growth in one of its fastest-growing markets globally. Edited excerpts:
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Nov 16, 2024 | 
rediff.com | Akshara Srivastava
Digital platforms are playing an increasingly vital role in reaching and engaging consumers. From payments and e-commerce to gaming and lifestyle content, the digital landscape is expanding rapidly. A growing preference for convenience products and hybrid media consumption, and a surge in digital engagement have led to a rise in the average basket size for fast-moving consumer goods (FMCG) among rural consumers.
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Nov 13, 2024 | 
rediff.com | Akshara Srivastava |Aryaman Gupta
The Food Safety & Standards Authority of India (FSSAI) on Tuesday asked e-commerce and quick-commerce food operators to ensure a minimum shelf life of 30 per cent or at least 45 days before products expire at the time of delivery. The order follows rising concerns over violations of food safety standards in quick-commerce and e-commerce.
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Oct 23, 2024 | 
rediff.com | Akshara Srivastava
'We used to get 400-500 applications for Canada on a yearly basis until last year, but this has gone down to just 70 this year.'IMAGE: Advertisements of immigration consultants are seen on the stairs at a market in Amritsar, Punjab. The recent diplomatic standoff between India and Canada is likely to further impact the students' interest to pursue higher education in the North American country, which was already on wane for some time now.
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Oct 20, 2024 | 
rediff.com | Akshara Srivastava
'For us, it's "keep moving and keep building a critical mass", which is commensurate with the size of the country.'French food major Danone, which sells early-life nutrition products and supplements like Protinex in India, on Friday announced investing Euro 20 million (around Rs 187 crore) to expand its manufacturing facility in Lalru, Punjab.
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Oct 3, 2024 | 
rediff.com | Akshara Srivastava
With November 22, 23 and 24 being among the most auspicious dates for marriage this year, hotels across the country are all booked, as are wedding-related ancillary services. IMAGE: Kindly note the image has been posted only for representational purposes. Last month, when a big financial institution went looking for a venue in Mumbai to host a big-ticket event on November 22, it drew a blank. Not one place was available, courtesy the Great Indian Wedding Season.
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Sep 27, 2024 | 
business-standard.com | Akshara Srivastava
French food major Danone, which sells early-life nutrition products and supplements like Protinex in India, on Friday announced investing €20 million (around Rs 187 crore) to expand its manufacturing facility in Lalru, Punjab. Chief Executive Officer Antoine De Saint-Affrique speaks to Akshara Srivastava in Chandigarh about the opportunities in India amid an ongoing protein health revolution. Edited excerpts:You have announced a significant investment in India.
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Sep 25, 2024 | 
rediff.com | Akshara Srivastava
Quick commerce (Qcom) platforms are bringing upon a rapid change in the behaviours of online shoppers, with 31 per cent of buyers relying on the fast delivery option for grocery needs, according to a new study. The shoppers trend 2024 report by market research firm NIQ revealed that 39 per cent use Q-comm for top-up purchases. “Shoppers today are more discerning, price-conscious, and channel-agnostic than ever before.
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Sep 23, 2024 | 
rediff.com | Akshara Srivastava
The Indian arm of the Norwegian investment company Orkla ASA, which owns spice brands like MTR and Eastern, is exploring the possibility of launching an initial public offering (IPO) in 2025, said a top company executive. “The ASA board just cleared the proposal. "We had done a pre-IPO study last year to understand what we need to do and based on that the board said, ‘okay, let’s go ahead and explore capital markets’,” Sanjay Sharma, CEO, Orkla India, told Business Standard.
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Sep 19, 2024 | 
rediff.com | Akshara Srivastava
French wine and spirits maker Pernod Ricard expects to report low double-digit growth in India in the medium-term on the back of a strong premiumisation trend emerging in the country. “We are now the second market worldwide for Pernod Ricard and India continues to be a big growth engine for the group.
