Author: admin

Apr 6: Strengthening its engagement with local markets and government institutions in the Northeast, Summit Hotels & Resorts has appointed Shova Lama as Public Relations Officer for Sikkim. In her new role, Shova Lama will be responsible for strengthening the brand’s relationship with various government departments and public institutions across the state. Her responsibilities include facilitating room bookings for official travel, coordinating hospitality arrangements for government events and conferences, and expanding institutional business opportunities for the group.

 She will also work closely with local communities and organisations to promote Summit’s properties as venues for weddings, social gatherings, and private celebrations, thereby strengthening the brand’s presence in the regional events and social hospitality segment.

As part of her responsibilities, Shova Lama is also assisting the company with government registrations and empanelment processes, working on compliance and documentation matters. In addition, she has been tasked with supporting the company’s expansion plans in the Northeast by liaising with stakeholders across neighbouring states for potential hotel properties that could be brought into the Summit portfolio on a lease model.

Commenting on the appointment, Sumit Mitruka, CEO of Summit Hotels & Resorts, said,“The Northeast has always been central to Summit’s journey, and Sikkim in particular remains one of our strongest operating regions. As our network of properties continues to grow across the hills, building closer relationships with government institutions, local communities, and regional stakeholders becomes increasingly important. Shova’s role will help us strengthen these connections while also supporting our expansion initiatives across the wider Northeast.”

Shova Lama’s appointment comes at a time when Summit Hotels & Resorts is actively strengthening its footprint across the Himalayan and Northeast regions, focusing on destinations where tourism demand, social events, and institutional travel continue to grow.

—

New Delhi: The Bharat Tribes Fest 2026 concluded successfully in Delhi, attracting large crowds and generating sales exceeding ₹4.5 crore. The festival celebrated India’s vibrant tribal culture, showcasing a wide variety of traditional crafts, textiles, artwork, and organic products.

The event provided tribal artisans with a unique platform to reach wider audiences, share their heritage, and boost their livelihoods. Visitors had the opportunity to engage directly with craftsmen, learn about their art forms, and purchase authentic products, supporting both cultural preservation and sustainable entrepreneurship.

Organizers highlighted that the strong turnout and robust sales reflect growing interest in India’s indigenous arts and crafts, and underline the festival’s role in promoting tribal innovation and economic empowerment.

India, Apr 06: HDFC Mutual Fund has concluded a first-of-its-kind campaign under its long- standing initiative, Nurture Nature, reimagining how India understands Systematic Investment Plans (SIPs) by turning a complex financial concept into visible, real-world impact.

The campaign linked every new SIP registered during the initiative to water restoration, with each SIP registration contributing to the revival of the dying Nayanamkunta Lake in Hyderabad. Thousands of individual SIPs which got registered, helped channel a small portion of the funds into a large-scale ecological effort that helped restore a lake in partnership with the renowned environmentalist Anand Malligavad, bringing a fragile ecosystem back to life.

Speaking on the initiative, Mr. Navneet Munot, Managing Director & CEO, HDFC Asset Management Company, said “This campaign is a testament to the idea that small steps, taken consistently, can lead to extraordinary outcomes. Just as SIPs help build financial security over time, collective action can restore and sustain our environment. We are proud to have created a platform where every investor could contribute to a larger social cause.” 

Beyond awareness, the campaign aimed to inspire genuine behavioural change. By drawing a parallel between the discipline of regular investing and the compounding power of collective action, the initiative shows how small, sustained contributions financial or environmental can create lasting transformation.

The campaign marks a significant milestone for HDFC Mutual Fund, not just in investor outreach, but in reimagining the role a financial brand can play in driving ecological and behavioural change.

New Delhi: India’s major ports have outperformed expectations in the financial year 2025–26, reflecting strong growth in cargo movement and improved operational efficiency.

Data released by the Ministry of Ports, Shipping and Waterways shows that the country’s 12 major ports handled a total of 915.17 million tonnes of cargo during the year—surpassing the target of 904 million tonnes. This marks a growth of 7.06% compared to 2024–25, signaling a positive trend in maritime trade.

Deendayal Port led the chart with the highest cargo handling of 160.11 million tonnes. Paradip Port followed closely with 156.45 million tonnes, while Jawaharlal Nehru Port handled 102.01 million tonnes, maintaining its position as a key hub for container traffic.

Among other major ports, Visakhapatnam handled 91.16 million tonnes and Kolkata recorded 70.87 million tonnes. Ports such as Chennai, Kamarajar (Ennore), New Mangalore, Cochin, V.O. Chidambaranar, and Mormugao also contributed significantly to the overall cargo volume.

In terms of growth, Mormugao Port emerged as the fastest-growing, registering an impressive 15.91% increase in cargo handling. Kolkata Dock System followed with 14.28% growth, while Jawaharlal Nehru Port recorded a rise of 10.74%. Paradip Port also posted a steady growth of 4.02%.

The strong performance highlights the increasing capacity and efficiency of India’s port sector. With continued focus on infrastructure upgrades and streamlined logistics, the country’s ports are set to play an even bigger role in driving trade and economic growth.

STAMFORD, Conn., Apr 06:  By 2028, over half of all enterprises will stop paying for assistive intelligence (such as copilots and smart advisors) and instead will favor platforms that commit to workflow results, according to Gartner, Inc. a business and technology insights company.

In this emerging model, humans move from completing work with procedural software to supervising intelligent systems that execute on their behalf. The distinction doesn’t come from whether AI is a feature, but whether it possesses delegated authority to trigger actions across enterprise systems within policy and identity constraints.

“In this environment, execution authority is not a product feature. It is an architectural position that spans control over identity, permissions, policy enforcement, system-of-record access, and auditability,” said Alastair Woolcock, VP Analyst at Gartner. “Vendors that embed AI within this control plane will shape workflow execution. Vendors that treat AI as an enhancement layer risk being abstracted.”

The first disruption will hit approval-heavy, timing-sensitive workflows where AI collapses decision latency and reallocates authority to policy-bound agents.

Execution will gradually move out of traditional interfaces and into platforms that control enterprise context and safely delegate work. Human roles will shift, not disappear, as they become an “Agent Steward” that supervises outcomes rather than performing tasks.

These market shifts will force enterprises and independent software vendors into a structural choice; redesign around delegated execution and control planes or remain as an interface layer agents route around. In the execution era, control of enterprise context is economic power.

Because of this, Gartner predicts that by 2030, software companies that layer bolt-on AI over legacy applications rather than redesigning for agentic execution will face margin compression of up to 80%.

Enterprise Context Is Becoming the Control Plane for AI Execution

Winning vendors will not simply add AI onto their products. Instead, they will embed agent orchestration into systems of record, expose policy-aware execution APIs, and enforce identity, permissions, and audit at the control plane to gain competitive advantage. Incumbents will hold structural advantages, but only if they convert context ownership into delegated execution authority. Legacy SaaS providers may attempt to close systems of record to preserve control, but durable advantage will come from controlled openness. Those relying on restriction risk being bypassed by orchestration layers enterprises trust more (see Figure 1).

“These dimensions don’t exist in a vacuum, though. Each market carries structural exposure based on its ability to evolve from assistive AI to delegated execution,” said Woolcock.

Gartner clients can read more in Tech FutureSight: Structural Winners and Markets at Risk in the AI Execution Shift.

Gartner is the World Authority on AI

Gartner is the indispensable partner to C-Level executives and technology providers as they implement AI strategies to achieve their mission-critical priorities. The independence and objectivity of Gartner insights provide clients with the confidence to make informed decisions and unlock the full potential of AI. Clients across the C-Level are using Gartner’s proprietary AskGartner AI tool to determine how to leverage AI in their business. With more than 2,500 business and technology experts, 6,000 written insights, as well as more than 1,000 AI use cases and case studies, Gartner is the world authority on AI. More information can be found here.