Australia caps foreign students’ intake from 2025 | Crackdown on migration | Student visa fee hiked | In FY23, Australia granted almost 6 lakh student visas. It is one of the world’s largest international student markets - hosting over 7 lakh international students. Net migration to Australia surged 26.3% in 2023. In fact, the Australian government had pushed to attract more workers to cope with a labour shortage during the pandemic. But now, the country is seeing record levels of migration and this is leading to skyrocketing house rental prices. To curb this, Australia is following in Canada’s footsteps and curbing student intake. Here’s all you need to know
28 Aug 2024Decathlon is planning to invest €100 million in India over the next five years. This is largely to source more made-in-India goods and also to expand its store network. The French sports retailer has been sourcing products from Indian suppliers since the late 1990s. Watch for more information!
22 Aug 2024Several malls and shopping centres in Indian metros have now been closed permanently - some have been demolished. Some others have gone into redevelopment. This is because a huge number of retail centres in India are underperforming. Several shopping centres are struggling, as an increasing number of people are turning to online shopping. This has led to a sharp surge in what is called GHOST SHOPPING centres - spaces where vacancy rates are over 40%, which essentially means nearly half of the mall has literally been ghosted by shoppers. But - do these numbers mean shopping malls are dead? Not really. Watch
14 May 2024Canada’s housing shortage has gotten much worse over the past few months. But instead of trying to fix the root cause of the problem, the Trudeau government is looking for band-aid solutions. One such measure being considered by the Canadian government is to put a cap on student visas. This could have a serious impact on the prospects of Indian students looking to move to Canada for higher studies. Watch the complete video for more details.
19 Sep 2023Quick Commerce in India: The Hype, the Challenges, and the Future In recent years, there has been a lot of buzz and investment in the quick delivery app space in India. Swiggy Instamart, Blinkit, and Dunzo have all raised billions of dollars in venture capital and have promised to deliver groceries and other goods to customers in minutes. However, the reality is not as rosy as it seems. Several of these on-demand delivery apps are having difficulty remaining profitable and sustainable. Some businesses have already closed or reduced their operations. In this video we take a look at: Why Dunzo’s DOWNFALL Should Worry You! Reliance is Killing Dunzo? Dunzo: Will cash-strapped company see better days? | Business Case Study Swiggy Instamart, Blinkit, Reliance Jio, Dunzo Daily, 10 Minute Grocery Delivery is Scam? How 10-Minutes Delivery Startup Works? | Can Quick-Commerce Startups Become Profitable? The Future of Quick Commerce in India: Despite the challenges, the quick commerce market in India is still in its infancy. Some companies may be able to overcome these obstacles and succeed.
8 Sep 2023Akasa Air, India’s youngest airline, celebrates its first year of operations with plans to launch international flights. The airline, co-founded by industry veterans Vinay Dube and Aditya Ghosh, has 20 aircraft in its fleet and aims to tap into the international market after meeting the regulatory requirement of either five years of operations or a fleet of 20 aircraft. With a team of aviation experts from top airlines and consistent capacity growth, Akasa has become the fifth largest airline in India, holding 4.9% market share. The airline plans to serve high-yield international routes, including destinations in Singapore, the Middle East, and the Gulf region. Despite challenges, including the passing of co-founder Rakesh Jhunjhunwala, Akasa aims to carve a niche in India’s budget carriers segment.
21 Aug 2023Step into the world of fashion rivalry and strategy with our captivating video on Zudio, Tata’s budget-friendly brand that’s taking on its own sibling, Westside! Discover the secrets behind Zudio’s rise to prominence in the Indian fashion landscape, challenging the norm and reshaping business strategies. From its origins in Mumbai’s bustling streets in 1998, Westside quickly became a favorite for fashion enthusiasts nationwide with its contemporary designs. But wait, there’s a twist! Zudio, Tata’s very own creation, is shaking things up by competing directly with Westside. Discover the intriguing strategy that sets Zudio apart, from value-focused pricing and low marketing costs to inventory mastery and franchise expansion. Explore about zudio, zudio case study, why is zudio cheap, why zudio prices are so low, zudio franchise, tata casestudy, trent limited Zudio, Westside, Tata Group, Fashion retail, Business strategy, why is zudio so cheap and discover how Tata’s diversification strategy, market share ambitions, and resource utilization are shaping the fashion retail landscape. Witness the parallels between Zudio’s competition with Westside and the friendly rivalry between Tata Motors and Jaguar Land Rover in the automobile sector. Join us for an enthralling exploration of Tata’s business strategy in the fashion industry! Don’t miss out – hit Mint’s subscribe button for more engaging insights into fashion, business, and innovation.
21 Aug 2023The video holds some answers to the future of 10 minute delivery in India. Many of them are facing challenges due to funding shortages, increased competition, and difficulties in making the service economically viable. However, some players such as Zepto, Swiggy, Zomato, and BBNow are still fighting on in 2023, believing that the demand for their services will continue to grow. To attract more customers, these startups need to offer a better assortment of products and expand beyond groceries and essentials. They can also generate revenue through ad monetization by partnering with brands and reaching their target audience more effectively. While it’s possible for these rapid delivery apps to turn profitable, several factors need to align for that to happen, such as consolidation in the market and reducing spending on discounts and freebies.
9 Aug 2023In a country known for its vibrant streets and aromatic spices, Starbucks has become more than just a coffee shop—it’s a financial powerhouse. With revenue of INR 2,240 crores ($300 million) in 2022, a significant portion came from selling gift cards and stored-value goodies. Customers essentially deposit money with Starbucks, which is then owed back in the form of coffee, snacks, or merchandise. With a staggering INR 1,200 crore ($160 million) in deposits, Starbucks utilizes the funds to expand its presence, engage customers with tempting treats and merchandise, and embrace digital innovation. It’s a caffeinated financial success story!
4 Aug 2023In this episode of Mint Explains, witness the captivating journey of Byju’s - India’s ed-tech giant that promised to revolutionize learning. From humble beginnings to global recognition, join us as we explore the factors that led to their meteoric rise and the devastating downfall. With endorsements from superstars and a sky-high valuation, Byju’s seemed unstoppable, but allegations of financial mismanagement and aggressive marketing took their toll. Now, as they plan to launch an IPO, can Byju’s redeem itself and regain investor trust? Discover the crucial lessons learned and the potential for a brighter future in the fiercely competitive world of ed-tech. Don’t forget to like, share, and subscribe to Mint for more engaging content!
24 Jul 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared