'Focus on product differentiation; consumer loyalty will follow'
Financial Express Hyderabad|December 20, 2024
Beauty and skincare brand Pilgrim, which started its life online, is putting its might behind offline expansion at the moment. In the last year and a half, the contribution of offline to its overall sales has grown from nil to nearly 25%, says co-founder Anurag Kedia. In this interview, he talks to Toshiro Agarwal about the challenges small players face when they start making their way through offline channels. Edited excerpts:
Edited excerpts:

We have set up four regional warehouses, which are working very closely with the q-commerce partners, and we are setting up more. We will probably have 10 to 15 warehouses in another two months’ time, which will work exclusively only for q-commerce. The application programming interfaces are getting integrated — so their ERP and our ERP will talk to each other. In other words, the manual intervention is being erased.

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Financial Express Hyderabad

'Account discrepancy to hit net worth'

EARLIER IN THE DAY, shares of IndusInd Bank plunged nearly 6% intraday to their lowest level since July 2022 after the RBI granted CEO Sumant Kathpalia only a one-year extension, against the board application for three years.

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1 min  |
March 11, 2025
Financial Express Hyderabad

Sun to buy Checkpoint for $355 mn

THE DEAL WILL be made through an upfront cash payment of $4.10 per common share, a premium of about 66% to Checkpoint's last close on Friday, Sun Pharma said in an exchange filing.

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1 min  |
March 11, 2025
Financial Express Hyderabad

In trade war with US, China deploys food as weapon

CHINESE TARIFFS ON a slew of American farm products have officially come into effect, the latest retaliation in the unfolding trade war between the world's top two economies.

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1 min  |
March 11, 2025
Financial Express Hyderabad

NEP issue stalls Parliament as DMK MPs, Pradhan spar

The ongoing war of words between the ruling BJP and DMK led to disruptions in the Lok Sabha on Monday, with Union education minister Dharmendra Pradhan forced to withdraw certain remarks following protests by Tamil Nadu MPs.

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3 dak  |
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Financial Express Hyderabad

Poverty of ambition

Zero tariffs for US drugs cost little but Indian firms must look beyond branded generics, seek R&D-driven growth

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2 dak  |
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Financial Express Hyderabad

Record 115 MT wheat output seen

Taking Stock

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2 dak  |
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Financial Express Hyderabad

Top realtors corner LRD loans at cheaper rates

WITH THEIR CREDIT profiles rising despite largely stagnant interest rates, top commercial property developers have been able to borrow against rent receivables at a rate lower by 75-to-100 basis points in the past year.

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2 dak  |
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Financial Express Hyderabad

Parliamentary panel on railways calls for PPP push

TO REDUCE ITS dependence on gross budgetary support (GBS) from the central government, the Parliamentary Standing Committee on Railways has urged the ministry of railways to intensify its focus on public-private partnership (PPP) projects.

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2 dak  |
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Financial Express Hyderabad

Cars24 Forays Into New Car Sales With Super App

Cars24 on Monday entered the new car sales space by launching a platform that aggregates automobile dealerships and manufacturers.

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1 min  |
March 11, 2025
Financial Express Hyderabad

Noida Airport opening delayed to June qtr: Zurich Airport CFO

THE OPENING OF the Noida International Airport, which is running six months behind schedule, is slated for inauguration in the June quarter, a top official of Zurich Airport said.

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1 min  |
March 11, 2025