INDIAN OWNERSHIP
India becomes second-largest diamond jewellery market with 12% global share, overtakes China and Japan
India has emerged as the world’s second-largest diamond jewellery market, driven by rising incomes and strong demand from Gen Z and millennials. Natural diamonds remain dominant, though lab-grown diamonds are gaining traction as a lower-cost alternative, with daily wear and self-purchase trends reshaping consumption patterns.
Tata Sons listing a ‘necessary evolution’, says Shapoorji Pallonji Mistry; seeks RBI clarity
Shapoorji Pallonji Mistry has again urged for Tata Sons to be listed publicly. He believes this move is a necessary step for the group's evolution. A public listing would improve governance, transparency, and accountability. Mistry argues it is in the public interest and would benefit all stakeholders. He stated no evidence shows it would harm Tata Trusts or their beneficiaries.
Indian Army showcases 'tank in air' Apache firepower during 'Brahmastra' desert drill
At the Pokhran Firing Range, these advanced helicopters showcased precision strike capabilities by successfully launching AGM-114 Hellfire missiles, rockets and an active display of gunfire.
GIFT City’s IPO push faces teething issues
GIFT City's first IPO withdrawal, XED Executive Development's Rs 110 crore offering, highlights challenges for its stock listing ambitions. KYC issues and limited institutional participation, coupled with restrictions on domestic investors, are prompting potential issuers to reconsider listing plans in India's international finance hub.
Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitions
India is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship leasing at GIFT City, a growing maritime finance hub. Experts warn this might deter global investment and disrupt existing financial structures. Competitors like Singapore and Hong Kong offer more flexible terms.
Ola Electric shares jump 17% despite market weakness; up 22% in two days. What’s fueling the surge?
Ola Electric shares surged significantly on Thursday. This rise follows the company's announcement of its self-developed Lithium Iron Phosphate cell. This new cell is expected to lower EV costs and boost adoption. Ola Electric's Gigafactory is also progressing well. The company reported strong sales in March, indicating a demand recovery.
Water, waste & will: How India’s MSMEs can lead the sustainability revolution
Water efficiency, if managed wisely, could very well be the next competitive advantage for Indian MSMEs.
Lalit Modi, IPL founding chairman wants 20 more matches each year; claims franchises & BCCI losing Rs 2400 crore
IPL founding chairman Lalit Modi has alleged that the BCCI and franchises are losing nearly Rs 2,400 crore in media rights revenue by failing to adhere to a full home-and-away format. Modi argued that the current 74-match schedule violates original franchise agreements which mandate every team play each other twice.
Two CEOs' exits & crises in the skies: The turbulent year that tested India’s biggest airlines
Air India's CEO Campbell Wilson has stepped down following a year of operational, regulatory, and financial challenges, including a fatal crash and safety lapses. This exit mirrors IndiGo's recent leadership change after widespread flight disruptions due to pilot fatigue issues, placing both major Indian carriers in transition amidst market strain.
UP Cabinet clears land ownership rights for over 12,000 families resettled after Partition
Uttar Pradesh government has approved land ownership for over 12,000 families. These families were displaced from Pakistan during Partition and settled in four districts. They will receive ownership rights for land up to one acre. This decision aims to resolve long-standing issues faced by these communities. The move benefits families in Pilibhit, Lakhimpur Kheri, Rampur, and Bijnor districts.
Top 10 per cent rural households control 44 per cent of land in India: Report
A new study reveals stark land inequality in rural India. The top ten percent of households control nearly half of all land. Meanwhile, almost half of rural families own no land at all. This concentration of ownership is linked to historical factors and agro-ecological conditions. Market access has not erased these deep-rooted disparities.
Air India CEO Campbell Wilson resigns after Ahmedabad crash, airspace closure trouble Tata-owned carrier
Air India CEO Campbell Wilson has resigned. The Tata-owned airline faces mounting losses. Projections show significant financial challenges ahead. External pressures like airspace closures and high fuel prices impact operations. Air India is working on process improvements. The airline is co-owned by Tata and Singapore Airlines.
Defaulting company promoters to be given new lease of life? All eyes on a big new IBC proposal
IBC: India's insolvency regulations could soon see a significant shift. The proposed changes could allow company promoters facing defaults to maintain leadership roles during the resolution phase. Enter the Creditor Initiated Insolvency Resolution Process, where creditors will be at the helm, overseeing the operations.
Redefining Growth and Purpose at Epsilon: Where Careers, Culture, and Innovation Intersect.
Epsilon India’s Senior Vice President of HR, Sonali De Sarker explains how AI-led platforms, a client-centric hiring lens and democratized learning and mobility, are helping employees own their careers while HR pushes into hackathons, hybrid work and global value creation.
Ladakh stakeholders pass resolution, seek regulated outside investment in tourism sector
Ladakh's tourism sector and civil society groups have united. They adopted a resolution expressing concern over increasing outside investors. The aim is to protect the region's fragile ecosystem and local livelihoods. Tourism will remain primarily for local stakeholders. This ensures community ownership and decision-making. Policies will protect local participation and interests. Collaboration will promote responsible tourism practices.
Most Indians are staying poor because of this one 'safe' habit, warns CA
Chartered Accountant Nitin Kaushik challenges common Indian financial beliefs. He argues that relying on fixed deposits, gold, and early home ownership can limit wealth growth. Kaushik highlights that inflation and taxes reduce fixed deposit returns. He points to market performance as a better wealth builder. Kaushik suggests consistent small investments can yield superior results over traditional safe options.
‘It’s dose not dosa’: Bengaluru restaurant, where Telugu superstar Venkatesh recently dined, gets huge queues daily for it’s butter-loaded dosa
Vidyarthi Bhavan, a Bengaluru heritage dining spot since 1943, is celebrated for its authentic South Indian cuisine, especially its iconic Benne Dose. Managed by the Adiga family, the eatery continues to serve traditional dishes, recently drawing attention with a visit from actor Venkatesh Daggubati.
RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisition
Emirates NBD has received RBI approval to acquire up to 74% stake in RBL Bank, making it a foreign bank post-acquisition. Voting rights will be capped at 26%, while regulatory relaxations facilitate the transition. The deal highlights rising foreign interest in India’s banking sector.
India’s ‘thin-file’ SMEs need smarter risk models, not more paperwork: Rubix Data Sciences’ Mohan Ramaswamy
Alternative data and benchmarking are helping lenders assess companies with limited disclosures, says Mohan Ramaswamy, Founder and CEO, Rubix Data Sciences
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