Tag: Business News

  • Kareena Kapoor Khan Unveils Malabar Gold & Diamonds NUWA Diamond Collection


    Malabar Gold & Diamonds Introduces NUWA Diamond Collection, Unveiled by Kareena Kapoor Khan

    MUMBAI: Malabar Gold & Diamonds, the sixth largest jewelry retailer globally with a strong retail network of over 350 stores spread across 13 countries, unveiled its latest diamond jewelry collection named ‘NUWA’ at a grand event in the UAE. Renowned Indian actress Kareena Kapoor Khan unveiled the collection. Kareena, known for her timeless elegance, embodies the essence of the NUWA collection, making her the perfect ambassador for this launch. The collection is available at all stores in India.

    The NUWA collection celebrates nature’s intricate designs, waves, forms, folds, and textures, masterfully crafted into luxurious pieces of diamond jewelry. Drawing inspiration from the elegance and resilience found in the natural world, each piece in the collection has been meticulously crafted, refined over time, and perfected to emerge as a glorious, intricate work of art, just like women who navigate the ups and downs, standing tall and resolute in the dreams they hold. Each piece is a testament to the elegance, strength, and grace that women embody.

    MP Ahammed, Chairman, of Malabar Group, said, “We are incredibly proud to introduce the NUWA collection, which celebrates both nature and the indomitable spirit of women. Each piece in this collection has been crafted with immense care and precision, reflecting nature’s intricate beauty and women’s resilience. We are honored to have Kareena Kapoor Khan launch this collection, as she perfectly represents the grace and awe that NUWA stands for.“

    The NUWA collection by Malabar Gold & Diamonds stands as a testament to the women of today, their commitment to excellence, celebrating the intricate beauty of nature and the empowering essence of womanhood. Like all diamond jewelry at Malabar Gold & Diamonds, NUWA also comes with the assurance of Malabar Promises like responsibly sourced natural diamonds, tested and certified diamonds, 100% exchange value, diamonds of natural origin, 100% transparency, guaranteed buyback, etc.

  • Kareena Kapoor Khan Unveils Malabar Gold & Diamonds NUWA Diamond Collection


    Malabar Gold & Diamonds Introduces NUWA Diamond Collection, Unveiled by Kareena Kapoor Khan

    MUMBAI: Malabar Gold & Diamonds, the sixth largest jewelry retailer globally with a strong retail network of over 350 stores spread across 13 countries, unveiled its latest diamond jewelry collection named ‘NUWA’ at a grand event in the UAE. Renowned Indian actress Kareena Kapoor Khan unveiled the collection. Kareena, known for her timeless elegance, embodies the essence of the NUWA collection, making her the perfect ambassador for this launch. The collection is available at all stores in India.

    The NUWA collection celebrates nature’s intricate designs, waves, forms, folds, and textures, masterfully crafted into luxurious pieces of diamond jewelry. Drawing inspiration from the elegance and resilience found in the natural world, each piece in the collection has been meticulously crafted, refined over time, and perfected to emerge as a glorious, intricate work of art, just like women who navigate the ups and downs, standing tall and resolute in the dreams they hold. Each piece is a testament to the elegance, strength, and grace that women embody.

    MP Ahammed, Chairman, of Malabar Group, said, “We are incredibly proud to introduce the NUWA collection, which celebrates both nature and the indomitable spirit of women. Each piece in this collection has been crafted with immense care and precision, reflecting nature’s intricate beauty and women’s resilience. We are honored to have Kareena Kapoor Khan launch this collection, as she perfectly represents the grace and awe that NUWA stands for.“

    The NUWA collection by Malabar Gold & Diamonds stands as a testament to the women of today, their commitment to excellence, celebrating the intricate beauty of nature and the empowering essence of womanhood. Like all diamond jewelry at Malabar Gold & Diamonds, NUWA also comes with the assurance of Malabar Promises like responsibly sourced natural diamonds, tested and certified diamonds, 100% exchange value, diamonds of natural origin, 100% transparency, guaranteed buyback, etc.

  • Kareena Kapoor Khan Unveils Malabar Gold & Diamonds NUWA Diamond Collection


    Malabar Gold & Diamonds Introduces NUWA Diamond Collection, Unveiled by Kareena Kapoor Khan

    MUMBAI: Malabar Gold & Diamonds, the sixth largest jewelry retailer globally with a strong retail network of over 350 stores spread across 13 countries, unveiled its latest diamond jewelry collection named ‘NUWA’ at a grand event in the UAE. Renowned Indian actress Kareena Kapoor Khan unveiled the collection. Kareena, known for her timeless elegance, embodies the essence of the NUWA collection, making her the perfect ambassador for this launch. The collection is available at all stores in India.

    The NUWA collection celebrates nature’s intricate designs, waves, forms, folds, and textures, masterfully crafted into luxurious pieces of diamond jewelry. Drawing inspiration from the elegance and resilience found in the natural world, each piece in the collection has been meticulously crafted, refined over time, and perfected to emerge as a glorious, intricate work of art, just like women who navigate the ups and downs, standing tall and resolute in the dreams they hold. Each piece is a testament to the elegance, strength, and grace that women embody.

    MP Ahammed, Chairman, of Malabar Group, said, “We are incredibly proud to introduce the NUWA collection, which celebrates both nature and the indomitable spirit of women. Each piece in this collection has been crafted with immense care and precision, reflecting nature’s intricate beauty and women’s resilience. We are honored to have Kareena Kapoor Khan launch this collection, as she perfectly represents the grace and awe that NUWA stands for.“

    The NUWA collection by Malabar Gold & Diamonds stands as a testament to the women of today, their commitment to excellence, celebrating the intricate beauty of nature and the empowering essence of womanhood. Like all diamond jewelry at Malabar Gold & Diamonds, NUWA also comes with the assurance of Malabar Promises like responsibly sourced natural diamonds, tested and certified diamonds, 100% exchange value, diamonds of natural origin, 100% transparency, guaranteed buyback, etc.

  • Exchange Rate Automation Module ops to start on July 4, exporters & importers to benefit

    exchnage

    The Central Board of Indirect Taxes and Customs (CBIC) has launched the Exchange Rate Automation Module (ERAM) to improve commerce facilitation. The ERAM will publish alternate charges of twenty-two currencies on-line upfront, changing the present handbook course of. The alternate charges will likely be obtainable on the ICEGATE web site twice a month, simplifying and rushing up customs procedures. The ERAM is a part of the federal government’s efforts to digitize and automate processes, anticipated to enhance the benefit of doing enterprise for exporters and importers.

    In a big transfer aimed toward enhancing commerce facilitation for exporters and importers, the Central Board of Indirect Taxes and Customs (CBIC) has introduced the launch of the Exchange Rate Automation Module (ERAM) efficient from July 4, 2024. This automated system, as per the round issued by the CBIC, will substitute the present handbook strategy of ascertaining and publishing the alternate price. The ERAM is a big step in direction of commerce facilitation as it is going to publish the alternate charges of twenty-two currencies on-line upfront, thereby easing the method for all importers and exporters.

    The Finance Ministry, in its assertion, highlighted the significance of this transfer, stating that it’s going to drastically simplify and pace up customs procedures. The alternate charges will likely be made obtainable on the ICEGATE web site twice a month, particularly on the night of the first and third Thursdays of the month, and will likely be efficient from midnight of the next day. This detailed procedural modality has been defined in Circular 07/2024-Customs, as per the Finance Ministry.

    Up to six months' imprisonment for publishing certain kinds of export/import info

    The new system will cast off the present system of notifying alternate charges by means of a notification. Instead, a hyperlink will likely be offered on the CBIC web site which is able to direct the consumer to the ICEGATE web site, the place the revealed charges will be seen. This transfer is anticipated to streamline the method and make it extra user-friendly. The revealed alternate charges will likely be saved within the system and can stay accessible on ICEGATE for future reference. This characteristic will allow a consumer to verify the charges for a earlier day, thereby offering a complete and accessible report of alternate charges.

    The implementation of ERAM is part of the federal government’s ongoing efforts to digitize and automate numerous processes to facilitate commerce and commerce. The transfer is anticipated to convey a few vital enchancment within the ease of doing enterprise, notably for exporters and importers dealing within the 22 currencies for which the alternate charges will likely be revealed.

    The ERAM shouldn’t be the primary initiative of its variety. In the previous, related efforts have been made to automate and digitize processes associated to commerce and commerce. For occasion, the Automated System for Customs Data (ASYCUDA), a computerized system utilized by customs authorities in a number of international locations around the globe, has been instrumental in simplifying procedures, enhancing effectivity, and lowering transaction prices.

    india trade data export import engineering gold deficit external services business global economy data commerce leather others good fine ok august rbi

    Reuters

    However, the ERAM, with its focus on automating the alternate price willpower course of for customs and publishing the charges on-line upfront, is exclusive in its method. It is anticipated to convey a few vital enchancment within the ease of doing enterprise, notably for exporters and importers dealing within the 22 currencies for which the alternate charges will likely be revealed.

    The launch of the ERAM by the CBIC is a big step in direction of enhancing commerce facilitation for exporters and importers. By automating the alternate price willpower course of and publishing the charges on-line upfront, the ERAM is anticipated to simplify and pace up customs procedures, thereby contributing to the benefit of doing enterprise. As the world continues to embrace digital transformation, such initiatives are possible to change into more and more vital in facilitating commerce and commerce.

  • Kareena Kapoor Khan Unveils Malabar Gold & Diamonds NUWA Diamond Collection


    Malabar Gold & Diamonds Introduces NUWA Diamond Collection, Unveiled by Kareena Kapoor Khan

    MUMBAI: Malabar Gold & Diamonds, the sixth largest jewelry retailer globally with a strong retail network of over 350 stores spread across 13 countries, unveiled its latest diamond jewelry collection named ‘NUWA’ at a grand event in the UAE. Renowned Indian actress Kareena Kapoor Khan unveiled the collection. Kareena, known for her timeless elegance, embodies the essence of the NUWA collection, making her the perfect ambassador for this launch. The collection is available at all stores in India.

    The NUWA collection celebrates nature’s intricate designs, waves, forms, folds, and textures, masterfully crafted into luxurious pieces of diamond jewelry. Drawing inspiration from the elegance and resilience found in the natural world, each piece in the collection has been meticulously crafted, refined over time, and perfected to emerge as a glorious, intricate work of art, just like women who navigate the ups and downs, standing tall and resolute in the dreams they hold. Each piece is a testament to the elegance, strength, and grace that women embody.

    MP Ahammed, Chairman, of Malabar Group, said, “We are incredibly proud to introduce the NUWA collection, which celebrates both nature and the indomitable spirit of women. Each piece in this collection has been crafted with immense care and precision, reflecting nature’s intricate beauty and women’s resilience. We are honored to have Kareena Kapoor Khan launch this collection, as she perfectly represents the grace and awe that NUWA stands for.“

    The NUWA collection by Malabar Gold & Diamonds stands as a testament to the women of today, their commitment to excellence, celebrating the intricate beauty of nature and the empowering essence of womanhood. Like all diamond jewelry at Malabar Gold & Diamonds, NUWA also comes with the assurance of Malabar Promises like responsibly sourced natural diamonds, tested and certified diamonds, 100% exchange value, diamonds of natural origin, 100% transparency, guaranteed buyback, etc.

  • KIIT World School, organised CBSE Training on Cyber Safety and Security

    KIIT World School, organised CBSE Training on Cyber Safety and SecurityGurugram: KIIT World School, Gurugram held a one-day CBSE coaching on Cyber Safety and Security to boost consciousness and comprehension of vital cybersecurity rules, moral points, and regulatory frameworks. The coaching was performed by CBSE Resource Persons Mr. Sushil Kumar, Assistant Professor at Shyam Lal College, Shahdara, and Ms. Kanika Gugnani, IT professor at Presidium School, Gurugram.

    Mr. Sushil Kumar and Ms. Kanika Gugnani centered a excessive precedence on instructing college students about expertise duty, cyber ethics, and the consequences of cyber exercise on individuals and companies. Participants realized about a number of types of cybercrimes, forestall them, and financial institution scams like malware, scamming, and messaging. They additionally gave an indication of the Information Technology Act and different AI instruments that can be utilized to enhance schooling.

    The coaching session included quite a lot of scheduled subjects, shifting from normal subjects to extra specialised authorized areas linked with mental property. A brief movie on on-line ethics opened the occasion, highlighting how essential it’s to keep up ethical values on the planet of expertise. The moral use of expertise, privateness safety, and the consequences of cybercrime on individuals and organizations had been among the many most important topics mentioned.

    Neelima Kamrah, Principal of KIIT World School, said, “We are devoted to instructing our college students and school entry the digital world securely and ethically. We are dedicated to providing the most effective instruction potential and making a safe studying atmosphere, which is why we’re providing this cyber security and safety coaching. We recognize Mr. Sushil Kumar and Ms. Kanika Gugnani sharing their important information with us.”

    The session included a variety of cybercrimes, their results, and options. To additional improve the instructing and studying course of, an in-depth dialogue of AI instruments and an outline of the Information Technology Act got.

  • Maruti Suzuki Swift surpasses 3 mn sales mark in India

    New Delhi, June 28: The Maruti Suzuki Swift has achieved a new milestone of three million sales in India, the company said on Friday.

    The launch of the Epic New Swift in May has created new benchmarks and propelled the revered Swift legacy to its three million sales milestone, according to the company.

    “With each new generation, the Swift has continued to raise the bar, offering cutting-edge technology, contemporary style, and that unmistakable ‘Swift DNA’ which continues to captivate customers,” Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India, said in a statement on Friday.

    “This accomplishment fills us with immense gratitude, and we are thankful to all Swift owners across the country,” he added.

    Inspired by the iconic Suzuki Hayabusa motorcycle, the Swift was launched in 2005 with segment-first features such as climate control, airbags and an anti-lock braking system (ABS).

    The brand has achieved over 6.5 million sales globally, with India being Swift’s largest market.

    The Swift surpassed one million sales in 2013 within eight years since its introduction, and the two million sales mark was breached in 2018, the company mentioned.

    In May, the carmaker launched the fourth generation Epic New Swift at a starting price of Rs 6.49 lakh (ex-showroom) in the country.

  • Livspace Launches Vinciago To Redefine Premium Home Interiors & Design In India

    Livspace seeks to capitalize on the burgeoning demand for premium housing in the rapidly growing Indian real estate market.

    The launch of Vinciago also adds to the brand’s plan of strengthening its retail footprint across India with more than 100+ Design Experience Centres.

    BENGALURU: Livspace today announced the launch of “Vinciago,” a premium interior design brand that aims to meet the growing demand for uniqueness and personalization by crafting homes that blend scientific design with passionate artistry, creating spaces that tell unique stories. 

    As per recent real estate trends, while overall sales of residential homes have grown by 31% in 2023 over 2022, luxury homes have grown by 96% during the same period thereby increasing the share of luxury homes from 6% to 9% of overall units. This trend, driven by premiumization, creates the perfect opportunity for Vinciago to transform premium home experiences nationwide. Showcased at Livspace Experience Centres, Vinciago will be available in major metro cities, including Delhi/NCR, Mumbai, Bangalore, Pune, Kolkata, Chennai, Hyderabad, and Ahmedabad, and additionally in key non-metro cities including Surat, Vadodara, Jaipur, Lucknow, Goa, Kochi, Nashik, Coimbatore, Nagpur, Bhopal and Indore. 

    Commenting on the launch of Vinciago, Saurabh Jain, Co-founder & CEO – India Operations, Livspace said, “The launch of Vinciago comes at a perfect time to tap into India’s surging premium housing market. We’re not just building premium homes; we’re redefining interior design for those seeking a personalized experience. The opportunity that lies ahead is immense in growth and size and we are excited to be able to broaden our spectrum of offerings and cater to the premium homes segment. Vinciago stands out with its meticulous attention to detail and commitment to customizable designs. Our belief that homes should reflect individual tastes drives our team to collaborate closely with buyers, transforming their visions into personalized masterpieces. Each Vinciago home is a unique blend of our expertise and the homeowner’s personality, perfectly aligning with the growing demand for bespoke living spaces.”

    Livspace is on an upward journey to redefine home interiors and renovations in India. Consolidating its leadership in the organized home interiors sector, Livspace plans to establish over 100 Design Experience Centres (ECs) while strengthening its presence in existing markets. With a diverse range of home interior and renovation solutions, Livspace has become the go-to destination for residents seeking top-notch designs, quality products, and expert guidance. Positioned to capture the demand for modular solutions in tier 2 and tier 3 markets, Livspace currently boasts a network of over 52 stores in metros and non-metros, including Delhi-NCR, Bengaluru, Mumbai, Ahmedabad, Jaipur, and Kochi. 

  • India is now world’s 3rd largest domestic aviation market, next to US & China

    avaition

    IANS

    India has now turn into the world’s third-largest domestic aviation market after the U.S. and China, as airways akin to IndiGo and Air India have expanded their fleet dimension to cater to the surge in air passengers, in accordance to knowledge compiled by aviation analytics agency OAG.

    The knowledge present India’s domestic airline capability doubled within the final 10 years from 7.9 million seats in April 2014 to 15.5 million in April 2024 to surpass Brazil and Indonesia and transfer up from the fifth place.

    India has changed Brazil, which now stands on the fourth place with 9.7 million airline seats adopted by Indonesia in fifth rank with 9.2 million.

    Sky is the limit: IndiGo is now tenth largest airline by capacity globally; growth indisputable [details]

    through Twitter/IndiGo

    India has additionally posted the very best annual common capability development charge of 6.9 per cent during the last decade among the many high 5 nations, adopted by China at 6.3 per cent and the US at 2.4 per cent.

    IndiGo and Air India, which collectively have greater than 1,000 planes on order, account for 9 of 10 domestic seats within the nation.

    Air India

    Air IndiaIANS

    According to OAG, India’s transition to low-cost carriers (LCCs) has been the sharpest among the many high 5.

    In April 2024, LCCs accounted for 78.4 per cent of Indian domestic capability, adopted by Indonesia at 68.4 per cent, Brazil at 62.4 per cent, the US at 36.7 per cent, and China at 13.2 per cent.

    (With inputs from IANS)

  • Mobile tariff hike may result in Rs 20,000 cr additional operating profits for telcos: Experts

    Mobile tariff hike may result in Rs 20,000 cr additional operating profits for telcos:

    IANS

    The newest spherical of 15-20 per cent cell tariff hikes for pay as you go and postpaid plans by telecom service suppliers (TSPs) can result in additional operating profits of round Rs 20,000 crore for the business as soon as these hikes are absolutely absorbed, business specialists mentioned on Friday.

    Bharti Airtel and Reliance Jio are more likely to witness a big common income per person (ARPU) profit after the tariff hike.

    Vodafone Idea is but to implement the cell tariff hike. “This will result in elevated revenue era, thereby offering headroom for the business to undertake deleveraging in addition to fund capex for the know-how improve in addition to community enlargement,” mentioned Ankit Jain, Vice President and Sector Head of Corporate Ratings, ICRA.

    ICRA expects the business revenues to develop by 12-14 per cent in FY25, which given the operating leverage, is more likely to translate into wholesome enlargement in operating profits by 14-16 per cent.

    The telecom business is more likely to report revenues of Rs 3.2-3.3 lakh crore with operating profits of Rs 1.6-1.7 lakh crore in FY25.

    Mobile operators

    “The enchancment in operating profits coupled with the muted participation in the newest spectrum auctions and anticipated moderation in the capex depth, the debt ranges are anticipated to reasonable to round Rs 6.2-6.3 lakh crore as on March 31, 2025, with the expectation of additional decline going ahead,” mentioned ICRA.

    According to a be aware by Morgan Stanley, we anticipate different gamers, together with Bharti Airtel, to observe and announce worth will increase quickly for 4G subscribers.

    “We estimate that blended ARPU would profit in the vary of 16-18 per cent for Bharti Airtel and Reliance Jio,” mentioned the be aware.

    (With inputs from IANS)