Category: Business

New Delhi, July 13: Bharat Tex 2026 is expected to emerge as a major global platform for the textile and apparel industry, bringing together over 7,000 buyers and 1,600 exhibitors from India and abroad.

The event will showcase the country’s expanding strengths in textiles, apparel, technical textiles, sustainability, and manufacturing innovation while creating opportunities for business networking, investment, and international collaboration.

Manufacturers, exporters, buyers, policymakers, and industry leaders are expected to participate in discussions focused on innovation, market expansion, technology adoption, and strengthening global supply chains.

The large-scale participation reflects growing confidence in India’s textile sector and its increasing role as a preferred global sourcing and manufacturing destination. The event is also expected to support export growth, attract investments, and reinforce India’s position in the international textile market.

Bharat Tex 2026 is set to play a key role in highlighting India’s capabilities and driving future growth across the textile value chain.

Mumbai, July 13: JD Institute of Fashion Technology has officially announced the return of its flagship platform, the JD Design Awards 2026 a pan-India celebration of design excellence that will bring together the country’s most promising emerging designers on a unified national stage. The nationwide edition will begin with its grand showcase in Mumbai before expanding across 16 cities.

Positioned as one of India’s most significant student-led design showcases, the JD Design Awards continues to bridge academic learning with real-world industry exposure, offering graduating students a high-visibility platform to present their final creative work before leading names from the design ecosystem.

Following the grand showcases in Mumbai and Bengaluru, the JD Design Awards 2026 will travel to:

●       Mumbai (Grand Showcase)

●       Bengaluru (Grand Showcase)

●       Vadodara

●       Ranchi

●       Bhubaneswar (Two Editions)

●       Kanpur

●       Berhampur

●       Hyderabad

●       Vijayawada

●       Kochi

●       Goa

●       Indore

●       Raipur

●       Siliguri

●       Pune

●       Tezpur

●       Gandhidham

Together, these showcases will celebrate regional creative excellence while reinforcing a unified national vision for nurturing the next generation of designers.

Each city showcase will feature curated presentations across Fashion Design, Interior Design, Visual Communication, Jewellery Design, and allied creative disciplines, spotlighting the next generation of India’s design talent.

The grand Mumbai showcase will bring together an esteemed jury of leading designers and creative professionals from the fields of fashion, interiors, and architecture, including Karan Desai (Karan Desai Home), Minnie Bhatt (Minnie Bhatt Design), Neha Changwani (INC Design), Tania Shah (TS Designworks), Annkur Khosla (Annkur Khosla Design), Shubham Patil (Surekh Décor), Jasmine Jhaveri (Jasmine Jhaveri Living), Narendra Kumar Ahmed, Sougat Paul (Soup by Sougat Paul), James Ferreira, Aarti Vijay Gupta, Saim Ghani, Dipti Advait (Nouria), and Sherina (Label Nonita), among others.

Students across campuses have expressed strong excitement for the upcoming edition, viewing JD Design Awards as a transformative opportunity that goes beyond a graduation showcase offering direct exposure to industry leaders, live jury interactions, and the chance to present their work on a national platform.

Mr. Yogesh Dalal, Trustee at JD Institute Of Fashion Technology always has been consistent in providing the best opportunities to students while Dr. Payal Dalal, Director at JD Institute Of Fashion Technology focused widely on the best academic point of view. Beyond being a graduation showcase, JD Design Awards has evolved into a national platform where education meets industry, offering students mentorship, exposure, and direct feedback from practitioners shaping India’s creative economy.

Speaking on the announcement, Rinesh Dalal, Director at JD Institute of Fashion Technology, said:

“The JD Design Awards is more than an award – it is a legacy we have built over decades, and one that continues to evolve with every new generation of designers. It provides our students with a platform to showcase their creativity and talent before industry leaders, helping them gain valuable exposure as they begin their professional journeys. With this year’s pan-India edition, starting with the grand showcase in Mumbai, we are expanding that legacy and creating even more opportunities for emerging design talent, ”

From sustainable fashion and adaptive interiors to technology-driven design and socially conscious innovation, the 2026 edition is expected to showcase work that reflects the evolving direction of global design thinking while spotlighting India’s emerging creative voice.

With participation across multiple cities and thousands of emerging designers, the JD Design Awards 2026 reinforces JD Institute of Fashion Technology’s position as one of India’s leading launchpads for next-generation creative talent.

Barabanki, July 13: Jindal Limited, part of the prestigious B.C. Jindal Group and one of India‘s downstream steel products manufacturers, today announced the launch of JLP Bandhan, a dedicated loyalty program designed exclusively for fabricators under the Jindal India Loyalty Program. The initiative aims to strengthen the company’s engagement with fabricators by recognising their contribution, rewarding loyalty and fostering long-term engagement through a dedicated digital platform.

The BC Jindal Group, led by Shyam Sunder Jindal, Promoter, BC Jindal Group, has commenced the nationwide rollout of JLP Bandhan, beginning with its first launch event in Barabanki, Uttar Pradesh. The programme will subsequently be introduced across key markets in other states through a series of engagement initiatives aimed at driving enrolment and strengthening relationships with fabricators.

The loyalty program, powered by a dedicated JLP Bandhan mobile app, enables fabricators to register seamlessly, earn reward points on eligible purchases and programme activities, track their points in real time, and redeem them through a wide rewards catalogue. Participants will also receive regular updates, promotional offers and engagement opportunities through the app, WhatsApp, SMS and push notifications.

“At Jindal (India) Limited, we firmly believe that our growth is built on the strength of our partner ecosystem. Fabricators are among the most influential stakeholders in our value chain, and JLP Bandhan reflects our commitment to recognising their contribution while creating meaningful, long-term engagement. Through this technology-driven platform, we aim to offer a transparent, rewarding and seamless experience that not only strengthens partner relationships but also supports our broader vision of sustainable business growth and customer-centric innovation.” said a Jindal (India) Limited spokesperson.

Fabricators play a pivotal role in influencing product selection and driving adoption across the roofing and colour-coated steel ecosystem. Through JLP Bandhan, Jindal  Limited seeks to build stronger, long-term relationships with this important stakeholder group by encouraging repeat purchases, enhancing brand preference, and creating continuous engagement through a seamless digital platform.

Currently, Jindal Limited has two advanced manufacturing facilities in West Bengal, and their capabilities include advanced color coating, galvanizing, and galvalume technologies. The company offers a comprehensive range of products across three major divisions that include sheets, pipes, and aluminum foil. With strong brands like Jindal Sabrang, Jindal NeuColour+ and Jindal Rangeen, Jindal Limited dominates the colour-coated sheets market, particularly in Eastern India, and maintains a significant presence across the country. Currently, 70% of the company’s total production consists of coated flat steel products, which remains a key area of focus for future growth and expansion.

Founded in 1952, Jindal Limited is part of B C Jindal Group, a leading Indian conglomerate. With over Rs 18,000 crore turnover, the group, led by Shyam Jindal, Promoter, B C Jindal Group, is engaged in a diverse portfolio of businesses like packaging films, energy & steel products.

New Delhi, July 13: India’s automotive sector witnessed significant investment activity in the second quarter, recording deals worth $717 million, according to a recent report, highlighting continued investor interest and confidence in the industry’s growth potential.

The strong deal activity reflects the sector’s ongoing transformation, driven by advancements in electric mobility, technology adoption, supply chain development, and evolving consumer demand. Automakers and related businesses are increasingly focusing on innovation and future-ready solutions to strengthen their market position.

Investment momentum has been supported by opportunities across various segments, including electric vehicles, automotive components, mobility solutions, and emerging technologies. The growing participation of investors underscores the importance of India’s automotive market in the global mobility ecosystem.

Industry experts believe that continued capital inflows will support expansion, technological advancements, and the development of a more competitive and sustainable automotive industry.

The latest investment trends reinforce India’s position as a key destination for automotive growth, with the sector playing an important role in driving manufacturing, innovation, and economic development.

New Delhi, July 13: Experts have identified AI asymmetry as one of the emerging risks facing financial institutions, highlighting the need for stronger governance, responsible technology adoption, and enhanced risk management frameworks.

As financial organisations increasingly integrate artificial intelligence into operations, concerns are growing over the unequal access to advanced AI capabilities, potential misuse of technology, and challenges related to transparency and decision-making.

Industry specialists noted that while AI offers significant opportunities in areas such as fraud detection, customer service, risk assessment, and operational efficiency, institutions must also address associated risks including data security, model reliability, and regulatory compliance.

The rapid evolution of AI technologies has made it essential for financial institutions to strengthen their digital infrastructure and develop robust oversight mechanisms. Experts emphasised the importance of responsible AI practices to ensure that technological advancements support financial stability and consumer trust.

Financial institutions are expected to focus on improving AI governance, enhancing employee capabilities, and adopting secure frameworks to manage emerging challenges while leveraging the benefits of artificial intelligence.

The growing discussion around AI asymmetry reflects the broader need for the financial sector to balance innovation with security, transparency, and responsible technology management.

Mumbai, July 13: Alliance City Developers Realtors Pvt. Ltd. has announced that Alliance Sea Breeze, its luxury residential redevelopment project in Santacruz West, has entered its final phase of construction and is progressing towards possession, scheduled by the end of 2026.

Launched in October 2024, the boutique development is among the first nine-storey  standalone luxury residential projects in Mumbai to be constructed using Mivan technology. While the technology is widely adopted for high-rise developments due to its cost and engineering requirements, Alliance City implemented it for a boutique project to achieve greater construction precision, structural quality and faster execution.

The project comprises exclusive 4BHK Palace Residences and has been designed with column-free layouts, allowing homeowners greater flexibility in interior planning. The monolithic concrete construction also offers improved structural strength, enhanced earthquake resistance and smoother wall finishes.

With construction nearing completion, homeowners can now begin preparing for possession later this year.

“When we launched Sea Breeze, we made two commitments to our homebuyers—to deliver the homes they envisioned and to do so on time. As the project approaches possession, we are pleased to see both commitments being fulfilled. For us, timely delivery is not simply a milestone; it reflects the discipline and accountability that define our approach to development. We look forward to welcoming the Sea Breeze families into their new homes,” said Ankita Luharuka, CEO, Alliance City Developers Realtors Pvt. Ltd.

Located on East Cross Lane, Santacruz West, Alliance Sea Breeze offers connectivity to key destinations across Mumbai, including:

•       Santacruz Station: a mere 5 minutes away

•       Domestic Airport: just 10 minutes away

•       Nanavati Hospital: only 10 minutes away

•       Juhu Beach and Carter Road: a leisurely 15 minutes away

The project features premium specifications and resident amenities, including Kohler bathroom fittings, Mitsubishi elevators, ample surface car parking for residents, a strikingly beautiful, air-conditioned entrance lobby, a lushly landscaped terrace garden with sit-out and walking track, a state-of-the-art gymnasium, Soundproof DGU windows for a truly serene, acoustically insulated home, Video door phones and vigilant, round-the-clock CCTV surveillance.

Alliance Sea Breeze marks another significant milestone in Alliance City‘s growing redevelopment portfolio. The company recently received the Occupation Certificate for Alliance Eternis in Borivali West, while Alliance Vista in Vile Parle East and Alliance Abhimanyu in Malad West are also approaching their respective Occupation Certificate milestones. Its portfolio further includes Alliance Harmony in Matunga distinguished by its rare one-residence-per-floor concept, 22 Alliance House and Alliance Tanvi in Vile Parle East, Alliance Kanchan Krupa in Mulund West, along with upcoming redevelopment projects in Vile Parle, Sion and Mulund.

Founded in 2010, Alliance City Developers Realtors Pvt. Ltd. has undertaken 19 redevelopment projects across Mumbai, with 14 projects completed to date. The company has delivered over 1.2 million sq. ft. of residential development and homes to more than 700 families, with a continued focus on redevelopment, construction quality and timely execution.

New Delhi, July 13: India’s real estate sector continued to attract strong investor interest during the first half of the year, receiving $3.2 billion in private equity investments between January and June, highlighting growing confidence in the country’s property market and economic prospects.

The investment inflows reflect the sector’s steady growth momentum, supported by rising demand for quality housing, expanding commercial spaces, and increased development activity across key markets. Institutional investors have shown renewed confidence in India’s real estate landscape, recognising the sector’s long-term potential amid rapid urbanisation and evolving consumer needs.

Private equity investments have supported a wide range of segments, including residential developments, office spaces, logistics facilities, and emerging real estate opportunities. The increased participation of institutional capital is also helping improve project execution, strengthen transparency, and encourage the adoption of modern development practices.

Industry stakeholders believe that India’s growing economy, infrastructure expansion, and favourable policy environment continue to make real estate an attractive destination for both domestic and global investors. The sector is also benefiting from changing lifestyle preferences, demand for better-quality spaces, and increased focus on sustainable development.

The strong investment activity during the first half of the year underlines the resilience of India’s real estate market and its important role in supporting economic growth, employment generation, and infrastructure development.

With continued investor confidence and positive market fundamentals, the real estate sector is expected to remain a key driver of India’s growth story in the years ahead.

New Delhi, July 13: India is unlikely to face any immediate concerns over energy supply despite rising geopolitical tensions in key global regions, with the country maintaining a stable energy outlook through diversified sourcing and strategic planning.

The government and industry stakeholders continue to closely monitor international developments that could impact global energy markets. However, existing supply arrangements, adequate reserves, and multiple import channels are expected to help India manage potential disruptions and maintain energy security.

India, one of the world’s largest energy consumers, has taken several measures in recent years to strengthen its energy resilience. These include diversifying crude oil import sources, maintaining strategic petroleum reserves, and expanding investments in renewable energy and alternative energy solutions.

While geopolitical tensions have contributed to volatility in global crude oil prices, officials and energy experts believe that India’s preparedness and flexible supply network will help reduce the impact on domestic energy availability.

Market participants continue to track developments in international energy markets, including crude oil price movements, shipping conditions, and supply trends. Any prolonged disruption in global energy flows could influence prices, but immediate shortages are not expected.

India remains focused on ensuring uninterrupted energy access to support economic growth, industrial activity, and consumer demand while continuing efforts to build a more secure and sustainable energy ecosystem.

July 13: Avantel Limited , a vertically integrated provider of wireless and satellite communication solutions, defence electronics, and radar systems, announced its unaudited financial results for the quarter ended 30th June 2026. The company reported revenue from operations of Rs 70.12 crore, a growth of 35.27percentage year-on-year, while EBITDA rose 68.95 percentage to Rs 19.26 crore, reflecting strong operating leverage. Profit After Tax grew 64.94percentage year-on-year to Rs 7.62 crore.

Key financial highlights for Q1 FY 2026 – 2027:

• Revenue from operations grew 35.27percentage to Rs 70.12 Crs in Q1 FY27, as against Rs 51.84 Crs in Q1 FY26
• EBITDA grew 68.95 percentage to Rs 19.26 Crs in Q1 FY27, as against Rs 11.40 Crs in Q1 FY26
• PBT grew 62.99 percentage to Rs 10.92 Crs in Q1 FY27, as against Rs 6.70 Crs in Q1 FY26
• PAT grew 64.94 percentageto Rs 7.62 Crs in Q1 FY27, as against Rs 4.62 Crs in Q1 FY26

Commenting on the results, Siddhartha Abburi, Director, Avantel Limited, said,

“These results reflect the strength of our execution engine, but more importantly, the durability of our pipeline. The demand environment across defence communications and the space sector is the strongest we have seen, and our positioning across satellite communications, ground systems, and radar subsystems gives us multiple engines of growth. We enter the rest of FY27 with a healthy order book, expanding partnerships, and the conviction that indigenously designed technology is now a strategic necessity, not a preference.”

Avantel remains committed to the Make in India and Atmanirbhar Bharat initiatives, strengthening India’s self-reliance in critical communication and defence technologies. The company will continue to focus on execution, technology development, and strategic partnerships through FY27.

July 13: Global crude oil prices climbed more than 4% in the latest trading session as heightened geopolitical tensions between the United States and Iran raised concerns over the security of global energy supplies. The sharp increase reflects growing uncertainty in international energy markets, with investors closely monitoring developments that could disrupt oil production, exports, or key shipping routes.

The recent escalation has intensified fears of potential disruptions to energy flows from the Middle East, a region that accounts for a significant share of global crude oil production and exports. Market participants reacted swiftly by increasing demand for oil futures, anticipating that prolonged geopolitical instability could tighten supply and lead to sustained upward pressure on crude prices.

Concerns have also centered on the safety of critical maritime trade corridors through which a substantial volume of the world’s crude oil is transported. Any disruption to these routes could affect global supply chains, increase transportation costs, and contribute to greater volatility in international commodity markets.

The rise in oil prices has renewed concerns about broader economic implications, including the potential for higher inflation, increased production costs, and elevated fuel prices. These developments could influence monetary policy decisions, business investment, and consumer spending across major economies, adding another layer of uncertainty to the global economic outlook.

Financial markets responded with caution as investors reassessed geopolitical risks and their potential impact on economic growth. While energy companies benefited from expectations of stronger revenues driven by higher oil prices, several energy-intensive sectors faced pressure due to concerns over rising operating costs and slowing economic activity.

Industry analysts expect crude oil markets to remain highly responsive to geopolitical developments, diplomatic negotiations, and official policy announcements. Market participants will also closely watch inventory data, production levels from major oil-producing nations, and global demand trends to assess the sustainability of the recent price rally.

As geopolitical developments continue to evolve, stakeholders across the energy sector and global financial markets are expected to remain vigilant. Continued monitoring of international events will be essential in evaluating their implications for energy security, commodity prices, and the broader global economy.