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LUXURY BIZ
Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...- Cyberattacks surge across UAE amid Iran conflict, businesses face disruptions and rising risksCyberattacks are surging across UAE and Gulf. Financial services, government platforms, and utilities face a sustained wave of breaches. Cy...
- India’s ‘Lush’ green market is the new battleground for global beauty giantsInternational beauty brands are changing their India strategy. They are now focusing on online sales and reaching customers beyond major ci...
- UAE slows down from Gulf war stress; raises remittance concerns for India amid layoffs, pay cutsThe United Arab Emirates economy faces early stress as the Gulf war continues. Sectors like hospitality, travel, and food & beverage are se...
- Luxury fashion giants like Chanel, L'Oreal Luxe bet big on India's beauty boomChanel and other luxury brands are expanding their beauty segments in India, managing their retail spaces independently to better align wit...
- RBI starts deliberations on interest rate amid expectations of 25-bps cutIn anticipation of the Union Budget 2025 and consistent with the current economic climate, the RBI is considering a 25 basis-points rate cu...
- ITC Hotels demerger done as ITC share price adjusts in special sessionITC Hotels Demerger: Stock exchanges BSE and NSE conducted a special pre-open trading session for ITC shares to facilitate price discovery ...
- BTS’ Suga left his former home due to repeated fights with neighbours?BTS, the global K-pop sensation, frequently makes headlines for controversies. Recently, member Suga has drawn attention again, previously ...
- Infosys co-founder N S Raghavan's hotel venture Nadathur eyes 100 properties across Asia-PacificThe first among Infosys co-founders to chart an independent course, he has found allies in Australian pension funds to rev up the hospitali...
- To rev up biz, Maharashtra unlocks farm land for luxury hotelsThen it hiked construction rights for amenities like restaurants and malls on agricultural land along state and national highways.
- Leap Transit, the luxury San Francisco commuter bus, is bankrupt and selling its buses for $5 eachIn June, two of its buses were up for auction. More buses were auctioned off in July. Now there are two left, up for sale in an October auc...
- Third eye: BJP brass mixing business & pleasure in Bengal?Bengal BJP will hold its ‘chintan shivir’ in Fort Raichak, a riverside luxury resort on the outskirts of Kolkata.
- Why the British 'Airbnb for the rich' sees hotels like Hyatt as a friendThe hotel industry might be a lucrative partner - or at least not an adversary - for the fledgling home-sharing economy.
- Rose Valley: Laundered investor funds used to fund luxury business?Rose Valley group "systematically engaged" its various companies to launder legitimate investor funds and ploughed them into purchasing rea...
- Now, Groupon India makes sailing very affordableAnkur Warikoo, CEO, Groupon India, makes yacht rides for as little as Rs 499 a reality with their new deals.
- Rising luxury business spurs demand for niche coursesWith luxury companies setting up base in India, there is a growing demand for managers armed with specialized management degrees in luxury.
- Aditya Mittal ranked 6th on Fortune's top young biz leaders listArcelorMittal's CFO Aditya Mittal is ranked 6th on Fortune's '40 under 40,' a list of top young biz leaders who are "innovating and expandi...
- Reliance Retail to bring in Neiman MarcusReliance Retail (RRL) is understood to be in talks for a strategic alliance with the US-based Neiman Marcus, an upscale, speciality retail ...
- Buffett's NetJets to set up shop in IndiaNetJets has tied up with Ashish Chordia, CEO of luxury good company Shreyans, to act as the company’s strategic partner for India.
- Sahara forays into luxury holiday bizThe company on Wednesday announced launch of 'Paradiso' for providing high-level customised luxury holidays in the price band of Rs 14,400 ...
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