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Akshara Srivastava

Akshara Srivastava

Akshara Srivastava

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.

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Luxury members-only club Soho House coming to Delhi and South Mumbai

Company introduces Cities Without Houses membership format in six Indian cities

Luxury members-only club Soho House coming to Delhi and South Mumbai
Updated On : 17 Mar 2024 | 10:56 PM IST

'53% consumers did not receive refund for inherently defective products'

At least 74% consumers had reached out for action on defective products, of which, only 21% got a product replacement or refund

'53% consumers did not receive refund for inherently defective products'
Updated On : 15 Mar 2024 | 11:54 PM IST

Hyatt Hotels to expand India footprint with 7 new properties in 2024

On the back of this boost in domestic tourism, the company debuted JdV by Hyatt - its ninth brand in the country - in February 2024

Hyatt Hotels to expand India footprint with 7 new properties in 2024
Updated On : 14 Mar 2024 | 6:15 AM IST

Increased travel connectivity, visa waivers help boost tourism to SE Asia

The prevailing influence of Korean pop culture, often referred to as the 'Hallyu Wave' has significantly captivated Indian audiences, thus boosting travel to the country

Increased travel connectivity, visa waivers help boost tourism to SE Asia
Updated On : 13 Mar 2024 | 7:22 PM IST

Beverage, air conditioner sales may jump up to 40% as mercury surges

Another factor which plays well for cold beverage majors is the onset of Ramadan and elections which typically causes consumption to pick-up

Beverage, air conditioner sales may jump up to 40% as mercury surges
Updated On : 10 Mar 2024 | 11:59 PM IST

FMCG sector to see subdued growth till September quarter: Kantar report

With El-Nino impact expected to keep weather dry for the first half of the year, the agriculture outlook for 2024 is a mixed bag

FMCG sector to see subdued growth till September quarter: Kantar report
Updated On : 06 Mar 2024 | 11:19 PM IST

Haier aims to become 2nd largest appliance maker in India: NS Satish

The company expects the AC, TV, and washing machine categories to grow ahead of the refrigerator segment

Haier aims to become 2nd largest appliance maker in India: NS Satish
Updated On : 06 Mar 2024 | 8:25 PM IST

Hindustan Coca Cola Beverages announces Rs 350 cr investment in MP

Expansion in Rajgarh elevates total investment in state to Rs 660 cr

Hindustan Coca Cola Beverages announces Rs 350 cr investment in MP
Updated On : 02 Mar 2024 | 7:47 PM IST

American beverage giant PepsiCo launches new globe logo worldwide

In India, the company unleashed the new globe logo at the Gateway of India, Mumbai with a digital artwork

American beverage giant PepsiCo launches new globe logo worldwide
Updated On : 01 Mar 2024 | 11:52 PM IST

Chalet Hotels acquires Marriott property Courtyard for Rs 315 crore

The resort, which came up in July 2022, reported an average daily rate of Rs 13,500 till December 2023 with an occupancy rate of 44 per cent, the company added

Chalet Hotels acquires Marriott property Courtyard for Rs 315 crore
Updated On : 01 Mar 2024 | 8:23 PM IST

Beauty retailers report high demand for prestige and premium segments

Beauty retailers report high demand for prestige and premium segments

Beauty retailers report high demand for prestige and premium segments
Updated On : 29 Feb 2024 | 10:35 PM IST

PepsiCo India looking to capture bigger share of potato-based chips market

The potato chips market is valued at Rs 9,000 crore, with PepsiCo's Lay's brand as the dominant player

PepsiCo India looking to capture bigger share of potato-based chips market
Updated On : 29 Feb 2024 | 3:01 PM IST

Retail market to double in size to reach $2 trn in 10 years: BCG report

The report stated that organised retail in the country has consistently demonstrated faster growth, despite subdued performance in the recent quarters owing to potential headwinds

Retail market to double in size to reach $2 trn in 10 years: BCG report
Updated On : 28 Feb 2024 | 10:16 PM IST

Entire country is taken for a ride: SC contempt notice to Patanjali on ads

Misleading ads banned, Centre told to list out steps against false claims

Entire country is taken for a ride: SC contempt notice to Patanjali on ads
Updated On : 28 Feb 2024 | 12:18 AM IST

Pernod Ricard India to invest Rs 1,800 crore to set up malt distillery

The distillery, one of the biggest in India, will have a capacity of up to 60,0000 litres per day and 13 million litres annually

Pernod Ricard India to invest Rs 1,800 crore to set up malt distillery
Updated On : 23 Feb 2024 | 11:19 PM IST

Grasim Industries paints Rs 10K cr sales target in 3 years for Birla Opus

Further, it aims to become the second-biggest player in the Rs 80,000 crore Indian decorative paints market, which is currently dominated by Asian Paints

Grasim Industries paints Rs 10K cr sales target in 3 years for Birla Opus
Updated On : 23 Feb 2024 | 12:11 AM IST

Homestays showing lot of promise with compounding growth: MakeMyTrip CEO

Magow talks about the travel boom in the country and the company's new avenues to drive growth

Homestays showing lot of promise with compounding growth: MakeMyTrip CEO
Updated On : 21 Feb 2024 | 9:10 PM IST

Flying high: Big spike in airfares, demand for hotels during Holi week

Holi falls on March 25 this year, whereas it was celebrated on March 8 last year

Flying high: Big spike in airfares, demand for hotels during Holi week
Updated On : 20 Feb 2024 | 10:42 PM IST

India could soon be our next launch pad, says Irish Distillers CEO

Nodjame Cecile Fouad tells about the opportunities in India and the brand's expansion plans

India could soon be our next launch pad, says Irish Distillers CEO
Updated On : 15 Feb 2024 | 9:55 PM IST

Shoppers Stop plans to launch 10-15 new SS Beauty stores this year

The company, which operates 13 SS Beauty stores at the moment, plans to open 10-15 new medium-to-large format stores in the calendar year 2024

Shoppers Stop plans to launch 10-15 new SS Beauty stores this year
Updated On : 14 Feb 2024 | 8:31 PM IST