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Catch the nouveau riche! Income tax dept casts a new dragnetIndia's burgeoning affluent class, particularly in smaller towns, is driving luxury goods sales, often evading income tax. To address this,...- Luxury market grows 25% on rise in middle class demand: ReportAs per the report, aspirational and younger middle class, rising Internet penetration leading to greater exposure to available products and...
- Government wants to bolster Indian luxury brands to help them tap into global markets: Amitabh Kant“We need to nurture that. I am a great believer in upmarket branding of products. I believe luxury is about differentiation,” he said.
- India’s luxury brand market to be driven by tier 2, 3 cities: Report"Despite low engagement and outreach by luxury brands, sales through references in tier 2 tier 3 cities are twice as much as those in the m...
- India's luxury market to be driven by tier 2, 3 cities: Study"It is amply clear that Indian men in non-metros continue to seek power and status to validate their position in life, just like their urba...
- 2014, a lackluster year for Bengali filmsAs Bengal continued to relive its glorious past, director Kaushik Ganguly surprised everyone with 'Apur Panchali', which is based on the re...
- Tollywood delivers only five-six hits a year: ReportThe Rs 150 crore Bengali film industry which produces around a hundred movies annually gives only five-six hits, according to an industry r...
- Fashion gets a new bunch of suitors as big Indian weddings get fatterBig brands align with fashion shows to catch eye of the rich while investors cash in on spending spree.
- Government plans easier policy, better infrastructure for luxury marketThe Indian luxury market is expected to grow about 17% next calendar year even as the industry is facing serious growth challenges in the c...
- India's luxury market to cross $10 bn mark by 2014: ReportIndia's growing luxury market is set to exceed $10 billion-mark by 2014 boosted by a new class of wealthy termed as the 'closet customers'.
- Luxury market takes a hit but likely to regain its bling next yearThe luxury market is expected to post a slight revival and grow about 17% next calendar year even as the industry faces serious growth chal...
- Indian luxury market sees emergence of cost-conscious buyer: ReportThe growth in the luxury market is on account of robust growth in the luxury categories like apparel and accessories, perfumes, fine dining...
- Industry seeks 17k crore govt investment for broadband networkIn order to build a broadband infrastructure across 5000 towns and 6 lakh villages, the confederation of Indian industry, on behalf the tel...
- Ratan Tata voted India Inc's most powerful CEOEconomic Times Corporate Dossier brings to you the most powerful CEOs of India. Global Indian leaders | Most powerful boardrooms | Global I...
- Demand for FMCG products rises 25 pc in rural mktFMCG product sales in the non-essential premium segment have grown at a rate of 25 per cent annually in the rural market during 2004-07, sa...
- Growth of cyber cafes declining sharplyAnalysts attribute the decline to lack of support from the govt coupled with increased security concerns and harassment of cyber cafe owner...
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