Category: Business

Mumbai, India, Mar 10:  Hexaware Technologies, a global provider of digital and IT solutions, has been included in the S&P Global Sustainability Yearbook 2026, ranking in the top 10% of its industry in the 2025 S&P Global Corporate Sustainability Assessment (CSA), which is an annual evaluation of companies’ sustainability practices. Hexaware scored 83 out of 100 as of February 11, 2026.

Inclusion in the Yearbook is not automatic. Of more than 9,200 companies assessed in the 2025 CSA, only 848 across 59 industries made it in. To qualify, companies must score within the top 15% of their industry and within 30% of the top-performing company in that industry. The assessment covers environmental, social, and governance performance, evaluated against industry-specific criteria that reflect what matters most in each sector.

For Hexaware, this is a recognition that its approach to sustainability is holding up under rigorous external scrutiny — not just in intention, but in how the business is run.

R Srikrishna, CEO and Executive Director, Hexaware, said: “For us, sustainability is about how we build the company for the long term — how we operate responsibly for our clients, invest in our people, and manage the business in a way that holds up to scrutiny. Being included in the S&P Global Sustainability Yearbook, and in the top decile of our industry, tells us we are on the right track.”

Uma Thomas, Chief Risk Officer, Hexaware, said: “A score like this is the result of how seriously we take governance and risk management as ongoing disciplines, not just at assessment time. It reflects the work that goes into making our sustainability commitments auditable, traceable, and honest, and that is something we hold ourselves to across the business every day.”

Hexaware will continue to improve its performance across all dimensions of the CSA as it advances its sustainability agenda, making it a core part of how the company grows, not an afterthought.

The New Punjab Club welcomes food lovers on a nostalgic culinary journey with ‘Undivided Panjab,’ a special food festival that celebrates the rich and soulful flavours of a time when Punjab was one, from 12th March 2026, onwards at Anna Nagar, Chennai.

There was a time when Punjab was whole—when the same winds moved through its golden wheat fields, the same hearth fires warmed village courtyards, and the same aromas drifted from kitchen to kitchen as dusk settled gently over the land. In those long evenings of smoke, song, and slow-cooked gravies, a cuisine took shape quietly—one steeped in warmth, memory, and the generosity of a land untouched by borders.

Through “Undivided Panjab,” The New Punjab Club recreates the spirit and flavours of that era, bringing together dishes inspired by the kitchens of old Panjab. It is a tribute to a culinary tradition where recipes travelled freely across regions, where meals were shared communally, and where food reflected a deep sense of togetherness and hospitality.

The festival menu features an evocative selection of dishes that capture the rustic heart of Punjabi cooking. Guests can begin with small plates such as Chicken Atishi Seekh Kebab, Rang Dhang Kebab, Dahi Ke Kebab, and Malai Tikka Boti, each highlighting traditional techniques and robust spices. The journey continues with comforting curries including Paneer Sandwich Pasanda, Dhaba-Style Stuffed Mushroom, and Bhuna Tangdi Chicken, dishes that echo the slow-simmered flavours of roadside dhabas and family kitchens. Completing the experience is the fragrant Sufiyani Biriyani, a delicately spiced rice preparation that adds depth and elegance to the spread.

More than just a dining experience, “Undivided Panjab” is a celebration of shared heritage—an invitation to rediscover the flavours, stories, and traditions that defined Punjabi kitchens long before lines were drawn on a map.

New Delhi, Mar 10: ChampaTree Art Gallery opened Sardhubaatu: Put Together, Somehow, a solo exhibition by Ravi Chunchula, on Friday, 6 March 2026, at the Main Hall, Bikaner House, New Delhi. Curated and presented by Archana Sapra and Pooja Bahri, the exhibition brings together a new body of work that reflects on the quiet and often unseen ways in which individuals are shaped slowly by their surroundings, routines, and social frameworks.

The word Sardhubaatu, drawn from Telugu, loosely translates to “put together” or “arranged.” In Chunchula’s practice, however, the phrase resists neat resolution. His figures appear composed yet tentative, calm yet inwardly charged, suggesting states of being that are continuously negotiated rather than fixed.

Speaking about the exhibition, Ravi Chunchula said, “Sardhubaatu is about the quiet process of becoming. It reflects how we are constantly shaped by what we see, where we stand, and who we are surrounded by. These works are less about telling a story and more about holding a moment where things feel temporarily aligned, even if imperfect.”

Rendered primarily on rice paper, the works allow pigment to settle organically into the surface, staining and breathing with time. This fragile materiality becomes central to the exhibition’s visual language and echoes how experiences accumulate gradually, leaving subtle traces on identity and perception. A restrained palette of greys and earthen hues creates an atmosphere of stillness, punctuated by gentle accents of ochre, red, green, and blue that register internal shifts rather than overt drama.

Commenting on the exhibition, Archana Sapra and Pooja Bahri, gallerists at ChampaTree Art Gallery, shared, “Ravi’s work speaks through restraint. There is a deep attentiveness in the way his figures inhabit space. They appear quiet, grounded, and profoundly human. With Sardhubaatu, we were drawn to how subtly the works reflect contemporary existence without spectacle or excess, allowing viewers the space to pause and reflect.”

Rather than portraying specific individuals, Chunchula’s figures evoke a shared psychological condition. They occupy everyday spaces, suspended between habit and awareness, solitude and collective presence. Narrative is deliberately withheld, allowing viewers to encounter the works through observation and introspection rather than explanation.

Marking the opening evening, the exhibition was accompanied by a live theatre performance titled Where Is My Mind?, conceived by Rohit Chauhan and ensemble. Presented as a time-bound experiential intervention within the gallery space, the performance explored mental and social constructs such as belief, conformity, influence, and freedom through physical movement and visual symbolism. Following the opening evening, the exhibition continues as a painting-led presentation, inviting sustained engagement with Chunchula’s works in silence and contemplation.

Sardhubaatu: Put Together, Somehow marks an important moment in Chunchula’s evolving practice and reaffirms his commitment to figuration as a site of observation, patience, and emotional precision.

Exhibition Details

What: Sardhubaatu: Put Together, Somehow, a solo exhibition by Ravi Chunchula
Who: Presented by ChampaTree Art Gallery
When: Opened on Friday, 6 March 2026
Where: Main Hall, Bikaner House, New Delhi
Details: The exhibition presents a contemplative body of work by Ravi Chunchula that reflects on human presence, identity, and the subtle processes through which individuals are shaped by their environments and lived experiences.

LONDON/HOUSTON/SINGAPORE, Mar 10 – With 15 million barrels per day of Gulf supply suddenly offline, global oil demand will need to fall to rebalance the market—a process that could require prices to reach $150/bbl, according to new Wood Mackenzie analysis.

The scale of disruption is unprecedented. Gulf countries in total produce 20 million b/d of liquids, and 15 million b/d of exports have been taken out of the global market. The industry has never faced a loss of supply volumes of this magnitude.

“When the conflict ends, cranking up the supply chain won’t be swift,” said Simon Flowers, Chairman and Chief Analyst at Wood Mackenzie. “Product barrels in storage at refineries or in port might be moved on vessels quite quickly. But if wells are shut-in for a prolonged period, restarting production to full output could take weeks or even longer.”

Prices already $100/bbl

Competition for remaining barrels has already pushed prices above $100/bbl early this week. Markets dependent on exports have been particularly exposed across multiple regions.

Europe faces especially acute challenges. In 2025, Gulf refineries supplied 60% of Europe’s jet fuel and 30% of its diesel, volumes which are now entirely cut off. Asia, which receives the majority of Gulf crude exports, faces equally severe pressure. Chinese, Indian, and other Asian buyers have been scrambling to secure alternative cargoes, driving up prices for West African and Latin American crude. Competition between Europe and Asia for limited non-Gulf supplies is intensifying price pressure across all regions.

The prospect of extreme tightness in refined product markets is reflected in super-high crack spreads. Jet-fuel cracks in NW Europe have traded at US$100/bbl (implying close to US$200/bbl Brent) and diesel cracks US$70/bbl, four to five times pre-war levels.

Strategic stocks and alternative supply offer limited relief

Strategic petroleum reserves offer some relief but cannot fully offset the supply loss. IEA member countries hold stocks equivalent to 90 days of imports, but sustained releases are unprecedented and IEA members account for less than half of global demand. During the Russia/Ukraine crisis, strategic stock releases did little to prevent prices reaching $125/bbl, and the supply gap from the Gulf shutdown is significantly larger.

Alternative supply sources also cannot fill the gap. While higher prices could incentivize US producers to accelerate output and forego maintenance, the Lower 48 could add only a few hundred thousand barrels per day over three to six months—a fraction of the 15 million b/d shortfall. With no supply solution available, demand destruction becomes the only rebalancing mechanism.

$150/bbl needed to rebalance

Prices will continue to escalate as the conflict prolongs, according to Wood Mackenzie analysis.

“Much will depend on how long the war lasts, how long the Strait of Hormuz remains closed and if the US Navy can ensure safe passage of vessels by escorting shipping,” said Flowers. “Global oil demand of 105 million b/d will still have to fall to balance the market and in our view, that will require Brent to push up at least to US$150/bbl in the coming weeks.”

At this price level, demand would fall through multiple channels: industrial users curtailing consumption, transport substitution away from oil-intensive modes, economic contraction reducing overall activity, and consumers reducing discretionary travel.

$200/bbl possible if conflict extends

While oil reached $150/bbl in inflation-adjusted terms during the 2022 Russia/Ukraine crisis, this situation could prove more severe.

“Supply volumes at risk this time are dimensionally bigger—and real,” said Flowers. “In our view, US$200/bbl is not outside the realms of possibility in 2026.”

FarMart’s Impact in 2025: AI-driven redesign of India’s food supply chains delivers measurable climate, farmer income, and food safety outcomes at scale

Mar 10: FarMart, India’s leading AI-native agriFood and energy value chain platform, today released its 2025 Impact Report, outlining measurable environmental, economic, and governance outcomes across India’s agriFood and energy value chains. The report maps how operational innovation across sourcing, logistics, and commerce is helping reduce food loss, strengthen farmer incomes, and improve transparency.

Operating across 40+ agricultural products and engaging over 4,87,619 farmers, FarMart’s technology-led supply chain redesign avoided 23,567 tonnes of CO₂ emissions, prevented 18,305 metric tons of post-harvest food loss in 2025, enabled fresh water savings of 5.39 billion litres by improving movement efficiency and reducing embedded waste across agricultural sourcing, with over INR 23.4 billion aggregate payments earned by 4.8 lac farmers through FarMart during the year, strengthening income predictability and reducing reliance on fragmented mandi systems.

Speaking on the report, Alekh Sanghera, Co-founder & CEO, said:

“India’s food system doesn’t break at the farm, it breaks in coordination. Small inefficiencies across aggregation, logistics, storage, and payment cycles compound into food loss, emissions, and income volatility. Our focus has been to redesign that middle layer using technology, data, and disciplined execution. The emissions avoided and food loss prevented this year are not parallel sustainability initiatives – they are operational outcomes of building a more efficient system. As we scale, our responsibility increases. This report reflects our commitment to measuring impact where it truly happens, inside daily transactions.”

Mehtab Singh Hans, Co-founder, added:

 “For us, impact cannot sit outside the business model. When INR 23.4 billion moves directly to farmers through predictable digital workflows, when nearly five lakh farmers are integrated into transparent transaction systems, and when traceability improves food safety – that is structural change. The five pillars outlined in this report: Carbon, Community, Consumer, Capability, and Credibility, are embedded into how we operate. They guide capital allocation, technology deployment, and partner selection. If supply chains are going to be resilient in the coming decade, accountability and efficiency will have to scale together.”

Tannya Garg, Head of Impact & ESG, said:

“Credible impact demands rigorous measurement, operational integration, and the willingness to confront hard data, especially in upstream agricultural systems where real change must happen. Our first in-house carbon accounting revealed that 99.99% of our emissions are upstream in agriculture. That clarity allows us to focus where real-world reductions matter. We are investing in stronger data systems so that impact measurement moves from estimation to precision over time.”

The report also details strengthened labour safeguards, real-time logistics monitoring, digital purchase order consent systems, and AI-led anomaly detection – embedding credibility into everyday commerce. As India advances toward climate and food security goals, FarMart’s integrated model demonstrates how technology-enabled coordination can drive measurable impact within complex agricultural systems.

Testament to FarMart’s impact is Yogesh Suresh Sawai, a Village-Level Entrepreneur (VLE) based in Aurangabad, Maharashtra. He began his agri output business in 2022, managing 10-12 vehicle loads monthly. Despite strong farmer relationships, growth was hampered by working capital shortages, delayed buyer payments, price uncertainties – limiting his ability to scale volumes, especially during peak harvest periods. After joining FarMart in 2023, and with better pricing and reduced pressure, he committed to larger volumes and streamlined logistics. As a result, his monthly vehicle movement rose from 10-12 to 30+ with farmer reach expanded from 200 to over 2,000 enabled by reduced dependence on informal credit, improved planning. He shares, “As my business has grown through FarMart, I have been able to scale operations, work with many more farmers, and run my business with greater stability. This growth has also helped me provide better for my family and invest in my son’s education, giving me the confidence to plan for the future.”

Bengaluru, Mar 10th: Kumar Corp proudly launched its news project Kumar Plumeria near KIADB Aerospace Park, Bengaluru. A premium residential development thoughtfully designed to combine contemporary architecture with expansive landscaped living spaces. The project offers residents a harmonious balance of open green spaces, recreation and refined urban comfort. Each residence is designed to maximise natural light and ventilation, with expansive balconies. The development comprises six residential towers (A to F), featuring spacious 3.5 BHK, 3.5 BHK + Staff, and 4.5 BHK + Staff residences.

Project Highlights

• 3.5 BHK residences – Saleable area ranging from 2,680 sq. ft. & 2,710 sq. ft.

• 3.5 BHK + Staff – Saleable area ranging from 2,860 sq. ft. & 2,890 sq. ft.

• 4.5 BHK + Staff residences – Saleable area of approximately 3,070 sq. ft.

Kumar Plumeria is anchored by a comprehensive Landscape Master Plan that integrates open greens and community zones across the development. Key features include a grand entry and exit with security cabin, clubhouse drop-off, Central Celebration Plaza with stage and seating for events, landscaped terraces, swimming pool with shaded lounge deck, yoga and meditation deck, children’s play area with outdoor gym, mini soccer and box cricket court, basketball practice court, and an amphitheatre for community gatherings. 

Kumar Plumeria offers indoor and outdoor amenities including a badminton court, gymnasium, indoor games, landscaped terraces, multi-sport courts and dedicated children’s and wellness zones. Each residence comes with two car park slots, with one slot equipped with a dedicated EV charging point. Kumar Plumeria represents a new benchmark in boutique luxury living.  

Commenting on the launch, Umang Badjatya, CEO, Kumar Corp said, “Kumar Plumeria reflects our commitment to creating thoughtfully designed, spacious homes in emerging growth corridors. With only 100 residences, the project offers exclusivity, privacy and connectivity in equal measure. This development is aligned with our long-term vision of delivering premium, low-density communities that prioritise space  and sustainable urban growth. Our aim is to provide not just a home, but an elevated lifestyle experience that blends comfort, elegance, and community.”

Mumbai, Mar 10: The Indian Institute of Technology (IIT) Mandi has inaugurated the LARAM Course 2026 (Landslide Risk Assessment and Mitigation), a prestigious six-day international training programme dedicated to advancing global knowledge and practical solutions for landslide disaster risk reduction. The programme brings the internationally renowned LARAM School Italy to India in physical mode for the second time.

The LARAM School, established in 2005 by the Geotechnical Engineering Group (GEG) of the University of Salerno, Italy, has become a globally respected platform for advanced training of PhD scholars, young researchers, and professionals in civil engineering, environmental engineering, geology, and related disciplines which is aligned with one of the core values of IIT Mandi, i.e., regional development. The programme focuses on interdisciplinary approaches to landslide risk assessment, forecasting, and mitigation, with previous editions conducted in several international locations including Italy, China, and Switzerland. 

The LARAM Course 2026 at IIT Mandi has brought together 10 distinguished experts from Switzerland, Italy, Norway, and India, who will deliver lectures and training sessions to 40 participants, including research scholars and professionals from various parts of India and a few international participants. The course curriculum has been carefully designed to address the unique challenges of landslides in the Himalayan region, where slope instability poses serious risks to communities, transportation networks, and critical infrastructure. 

The programme is organized by the Centre for Climate Change and Disaster Management (C3DAR) at IIT Mandi, with support from Tata Trusts, the National Disaster Management Authority (NDMA), and the Anusandhan National Research Foundation (ANRF). It integrates scientific lectures, technical discussions, and field exposure to strengthen understanding of landslide processes and mitigation strategies in mountainous terrain.

 Prof. Settimio Ferlisi, President of the LARAM School and faculty member at the University of Salerno, highlighted the significance of bringing the programme to the Himalayan region.

“The LARAM School has always aimed to build a strong international community of young researchers working on landslide risk reduction. Hosting the course in the Himalayas provides participants with the opportunity to engage directly with one of the most landslide-prone regions of the world, enriching both the scientific and practical dimensions of the training.” 

Dr. Kala Venkata Uday, Coordinator of LARAM Course 2026 and Chairperson of C3DAR (Center for Climate Change and Disaster Management) at IIT Mandi, emphasized the importance of international collaboration in addressing disaster risks in mountainous regions. 

“The Himalayan region faces complex landslide challenges due to its fragile geology, rapid development, and changing climatic patterns. The LARAM Course at IIT Mandi provides an important platform for global experts and young researchers to exchange knowledge and develop strategies that can contribute to safer and more resilient mountain communities.” 

Hosting LARAM Course 2026 at IIT Mandi highlights India’s growing role in advancing research, training, and international collaboration in landslide disaster risk reduction, particularly for the Himalayan region. The programme is expected to generate valuable insights for researchers, policymakers, and disaster management authorities working toward sustainable and resilient development in mountainous environments.