Category: Business

  • As Sustainability Becomes a Homebuyer Priority, Central Park Showcases Rainwater Harvesting as a Core Pillar of Future-Ready Residential Communities

    As Sustainability Becomes a Homebuyer Priority, Central Park Showcases Rainwater Harvesting as a Core Pillar of Future-Ready Residential Communities

    Gurugram, June 23: Sustainability has been a key consideration for Central Park Resorts at all its ventures.  On 19th June the Group at the behest of Principal Advisor, Urban Development, Government of Haryana showcased a Live Practical Demonstration and On-Ground Drill for Rainwater Harvesting (RWH) System Management at Central Greens, Sector-48 Gurugram in a full-fledged mock-drill.

    The Engineering Team of Central Park Resorts has created an exemplary comprehensive maintenance protocol for its Storm Water Control and Rain-Water Harvesting System over a period of time.

    On 19th June 2026 Central Park comprehensively demonstrated the following technical aspects of its Rainwater Harvesting System in the presence of GMDA Officials and Representatives from 30 Group Housing Societies and Residents’ Welfare Associations across Gurugram:

    (a)  Physical inspection and functional health check of RWH recharge pits- including desilting, debris removal, and filter media replacement (gravel, sand, charcoal layers).

    (b)  Pre-Monsoon Preparatory Drill entailing cleaning and flushing of collection pipes, inlet gates, and first – flush diverters to ensure un-obstructed flow.

    (c)   Structural integrity checks of catchment surfaces, connecting pipework, and pre-location zones.

    (d)  Capacity assessment and recharge rate estimation for its RWH pits in line with Central Ground Water Board guidelines and Gurugram Metropolitan Development Authority requirements.

    (e)  Display of Signage, Awareness Materials, and Resident Engagement, practices adopted by Central Park Resorts to promote conscious water conservation.

    Central Park efficaciously demonstrated how sustainable infrastructure is becoming one of the critical differentiators among premium real estate ventures as well as how it is enhancing long-term asset value thereby promoting superior community resilience.

    Talking about this initiative, Mr. Vikram Singh, President – Project, Central Park, said: “The future of real estate can’t only be pivoted to premium amenities and quality construction. It is equally important for the developers to instill faith in all stakeholders about creating sustainable and resilient living ecosystems. Water conservation infrastructure including rainwater harvesting systems have become a critical component of responsible community planning. Through this demonstration, we endeavored to showcase how proactive maintenance, technology, and stakeholder collaboration can significantly enhance the performance of these systems thereby contributing to long-term environmental sustainability.” 

    This demonstration denotes a larger trend within India’s rapidly evolving realestate industry, where sustainability has become a major factor affecting both investors’ predilection and homebuyers’ experience. Homebuyers are now evaluating projects based upon more than just design and amenities; they want assurance that projects will provide long-term water security and comply with local regulations related to environmental issues. Stunningly efficient buildings that rank high on sustainability quotient while simultaneously providing resistance to natural disasters caused as the perils of climate change is what the informed buyers command and demand.

    The event that was held at Central Park demonstrated how developers, housing associations, civic authorities and residents could together collaborate to create the best methods for sustainable water management. The goal of this demonstration was to underpin the pivotal role builders play in developing climate-resilient communities, simultaneously encouraging peers to adopt proactive maintenance practices and work collaboratively by sharing best practices with each other with the larger objective of curating environment-friendly infrastructure.

  • Global Tech Weakness Weighs on Nasdaq, S&P 500 Futures and Nifty IT

    June 23: Global markets witnessed weakness in the technology sector, with Nasdaq and S&P 500 futures trading lower, while India’s Nifty IT index also declined amid broad-based selling pressure.

    The downturn was driven by profit-booking in major technology stocks after recent gains, along with concerns over elevated valuations in the sector. Investors also turned cautious ahead of key global economic data and expectations around interest rate movements.

    The decline in global tech shares weighed on Indian IT stocks, which are closely linked to demand trends in key overseas markets such as the United States and Europe.

    Market analysts said the sell-off reflects a combination of valuation concerns, global macroeconomic uncertainty, and cautious investor positioning in technology-heavy equities.

    Despite short-term volatility, experts noted that the long-term outlook for the technology sector remains supported by structural growth drivers such as artificial intelligence, cloud computing, and digital transformation.

    Overall, the weakness highlights a cautious global risk sentiment impacting major technology indices across markets.

     
  • JOHNSON’S BABY Unveils ‘Poshan Ka Pehla Sparsh’ Campaign for its New Milk & Rice Range

    JOHNSON’S BABY Unveils ‘Poshan Ka Pehla Sparsh’ Campaign for its New Milk & Rice Range

    June 23: Johnson’s Baby, the world’s No.1 baby and childcare brand, announces the launch of its new campaign, ‘Poshan Ka Pehla Sparsh’ for its Johnson’s Baby Milk & Rice Range. Inspired by the traditional Indian Annaprashan ceremony, which marks a baby’s first intake of solid food, Johnson’s Baby reimagines this cultural ritual through the lens of skincare with its ‘Food for Skin Ritual’. The campaign brings alive the idea that nourishment, which begins from a baby’s first foods now extends to a baby’s delicate skin.

    Conceptualized by McCann India, the campaign film is set during a baby’s first food ceremony, a milestone celebrated across Indian households. It captures a lively and relatable family moment, as grandparents, uncles, aunts, and other family members eagerly compete for the privilege of feeding the baby first. Amidst the playful chaos, the mother shares a quiet, heartfelt moment with her baby, recognising that milk and rice have been part of her baby’s nourishment journey since Day 1, from caring for the baby’s delicate skin to this important food milestone. The story culminates with the introduction of the new Johnson’s Baby Milk & Rice Range and its central message, ‘Poshan Ka Pehla Sparsh’.

    Commenting on the new campaign, Peeyush Unikkat, Group Product Manager – Johnson’s Baby said, “For generations, milk and rice have been trusted by Indian families as among the first foods introduced to nourish a baby. With ‘Poshan Ka Pehla Sparsh’ campaign, Johnson’s Baby celebrates this cultural tradition by extending the idea of nourishment beyond what goes inside to how we care on the outside. Inspired by these purposeful ingredients, the Johnson’s Baby Milk & Rice Range is designed to nourish and help protect a baby’s delicate skin barrier from Day 1. It reflects our continued commitment to creating products that parents can trust from the very first touch.”

    The new Johnson’s Baby Milk & Rice Range is enriched with the goodness of milk proteins and rice extracts, along with Vitamin E, glycerin, and a multivitamin complex. It is specially formulated to nourish and help protect a newborn’s delicate skin barrier while delivering long-lasting moisturisation. Designed as a complete skincare regimen, the range includes a Soap, Wash & Shampoo, Lotion, and Face & Body Cream. All products are clinically proven mild, pH balanced, and hypoallergenic. The Nourishing Milk & Rice Lotion and Face & Body Cream provide up to 24-hour moisturisation through lightweight, fast-absorbing formulations that help protect against dryness while strengthening the skin’s natural moisture barrier.

    Speaking about the creative insight, Chitra Bhanu & Siddhesh Khatavkar, Executive Creative Directors, McCann India said, “The unique ingredient story, milk and rice are among a baby’s first nourishing foods which naturally inspired a creative that is rooted in care, growth, and the baby’s first food ceremony. Blending the warmth of Johnson’s world with playful mischief, we brought ‘Poshan Ka Pehla Sparsh’ campaign to life in a way that feels both rooted and relatable.”

    Benaifer Mallik, Director of the Film from Flirting Vision said, “This campaign was all about capturing the beautiful, chaotic madness of an Indian family rallying around a baby’s Annaprashan. Getting those raw, candid moments of baby on camera reminded me, why Johnson’s Baby films are always special.” The campaign will be rolled out across digital platforms, social media, and amplified through 1000+ influencers across the country bringing the story of care, nourishment, and gentle protection to parents across the country.

  • transcosmos opens a new operations center, CX Square Magok, in South Korea

    Tokyo, Japan, June 23: transcosmos announced the opening of a new operations center, CX Square Magok (Magok Center), in Seoul, South Korea. With approximately 400 workstations, the center primarily provides contact center services.

    transcosmos opens a new operations center, CX Square Magok, in South Korea

     

    transcosmos has established a contact center in Magok, an emerging business hub in southwestern Seoul where an increasing number of companies are establishing a presence, thereby expanding its infrastructure in South Korea. Magok is highly regarded as a strategic location, benefiting from an inflow of highly skilled talent and excellent transportation access, both of which are essential for securing talent and ensuring an effective operating environment for AICC (AI Contact Centers). The newly opened Magok Center is equipped with optimal AICC infrastructure that enables the rapid implementation of advanced AI services. Currently, leading Korean platform companies, as well as IT companies and global content providers driving domestic and international markets, are delivering differentiated AI experiences based on the Magok Center’s infrastructure.

    The Magok Center has established a training environment optimized for AICC, with the aim of improving consultation quality and operational efficiency. The center features dedicated training rooms, enabling practical training using AI solutions such as trans-AI Tutor. In particular, by linking the entire process—from the early onboarding of new agents to the upskilling of existing agents—with actual customer interactions, the center enhances agent proficiency and the accuracy of customer service.
    The interior of the Magok Center is designed to enhance agent focus and raise productivity. The center is equipped with infrastructure that prioritizes agent convenience, including independent seating arrangements and dual monitors, creating a stable work environment. In addition, break spaces designed for employee refreshment are provided as cafeteria-style lounges, enabling communication in a relaxed atmosphere.

    Leveraging the Magok Center’s infrastructure, transcosmos will deliver more advanced AI services.

    In South Korea, transcosmos supports the planning and execution of AI Transformation (AX) initiatives in the customer service domain by leveraging its proprietary AI technologies. By integrating generative AI and advanced data analytics into business operations, X promotes innovation in customer engagement. Centered on AICC (AI Contact Centers), transcosmos provides tailored solutions optimized across its business domains, including contact center services as well as IT, marketing, e-commerce, field services, and education (Class Cloud).

    * transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.
    * Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

  • India’s Power Sector Outlook Remains Strong on Robust Demand and Policy Support

    June 23: India’s power sector is expected to maintain a positive growth outlook, supported by sustained electricity demand and strong government policy backing, according to recent industry reports.

    The sector continues to benefit from rising consumption driven by industrial activity, urbanisation, and increasing household electricity usage. Peak power demand has been steadily growing, reflecting the expanding needs of a rapidly developing economy.

    Policy initiatives focused on capacity expansion, renewable energy integration, and grid modernisation are further strengthening the sector’s long-term fundamentals. Government efforts to improve transmission infrastructure and ensure reliable power supply are also contributing to improved efficiency and stability across the system.

    Industry experts note that India’s ongoing energy transition, including the expansion of solar and wind power, is reshaping the electricity landscape while maintaining a focus on energy security and affordability.

    While challenges such as distribution efficiency and financial stress in parts of the power distribution segment remain, the overall outlook for the sector is considered stable and growth-oriented.

    Overall, strong demand trends combined with supportive policy measures are expected to sustain momentum in India’s power sector in the coming years.

  • India Poised to Gain as Global Apparel Supply Chains Shift Away from China

    June 23: India’s textile and apparel sector is expected to benefit from a growing global shift in sourcing away from China, as international buyers increasingly diversify their supply chains.

    Recent industry assessments indicate that China’s share in the global apparel market is gradually declining, driven by rising production costs and strategic efforts by global brands to reduce overdependence on a single sourcing destination. This ongoing realignment is opening up new opportunities for alternative manufacturing hubs.

    India is emerging as a key beneficiary of this trend, supported by its strong raw material base, established textile manufacturing ecosystem, and expanding export capabilities across garments and value-added textile products. Industry stakeholders believe that India’s integrated supply chain—from cotton production to finished apparel—strengthens its competitiveness in the global market.

    The shift is also being reinforced by policy support, infrastructure improvements, and increasing participation in global trade networks, which are enhancing India’s attractiveness as a sourcing destination.

    While the outlook remains positive, India continues to face competition from other Asian exporters such as Bangladesh and Vietnam, particularly in price-sensitive segments of the apparel market.

    Overall, the evolving global trade environment is expected to support sustained growth opportunities for India’s textile and apparel exports in the coming years.

     
  • Nexus Select CITYWALK invites Delhi for their End of Sadness Sale

    New Delhi, June 23: This season, Nexus Select CITYWALK is celebrating everyday moments of joy with the launch of the ‘End of Sadness Sale’, and inviting Delhi to be a part of it. More than just a sale, the campaign is inspired by a simple truth, people don’t visit malls only to shop. They come to celebrate milestones, catch up with friends, spend time with family, create memories, discover new experiences, and often, to simply feel better. 

    We have all been there – a bad day at work, a cancelled plan, a disappointing result, a missed opportunity, or simply one of those days when nothing seems to go your way. But while life gives us plenty of reasons to feel low,  Nexus Select CITYWALK also offers countless ways to bounce back, whether it’s a meal with friends, a movie, quality time with family, discovering something new, or treating yourself to something you’ve wanted for a while. 

    With exciting offers across fashion, beauty, electronics, dining, entertainment, and lifestyle brands, the End of Sadness Sale encourages shoppers to leave behind life’s little disappointments and embrace the experiences that bring a smile to their faces. From 18th June onwards, shoppers can explore exciting offers and discounts of up to 50% off across leading brands, including Estee Lauder, Aldo, Boss, Puma, Charles & Keith, Steve Madden, Sephora, Adidas, Nars, and many others. 

    Nexus Select Malls is built on the philosophy of Asli Happyness, and End of Sadness Sale gives our consumers yet another reason to visit us during one of the biggest retail moments of the year. Because sometimes happiness isn’t about changing your life. It’s about changing your day. 

    And sometimes, that’s all it takes to put an End to Sadness.

  • India–UK Trade Deal to Boost Farmers and Fishermen: Goyal

    New Delhi, June 23: The India–UK Free Trade Agreement (FTA) is expected to bring significant benefits for farmers, fishermen, and micro, small and medium enterprises (MSMEs), Union Minister Piyush Goyal said.

    Goyal noted that the agreement will help expand market access for Indian products, improve export opportunities, and strengthen income prospects for key sectors of the economy, particularly those dependent on agriculture, fisheries, and small-scale industries.

    He added that the FTA is designed to create a more balanced and mutually beneficial trade environment, enabling Indian producers to reach wider international markets while also encouraging investment and collaboration between the two countries.

    According to him, the agreement is expected to boost employment opportunities, enhance competitiveness, and support the growth of export-oriented industries across India.

    Experts believe that improved trade ties between India and the United Kingdom could further strengthen bilateral economic relations and open new avenues for cooperation in goods, services, and innovation-driven sectors.

    The statement underscores the government’s focus on leveraging trade agreements to support inclusive growth and strengthen India’s global economic engagement.

  • Kutch Gets Air Connectivity Boost via Mundra Airport

    Mundra (Gujarat), June 23: Adani Mundra Airport has strengthened regional air connectivity by linking Kutch to eight cities, marking a significant step towards improving accessibility and unlocking the region’s economic potential.

    The enhanced connectivity is expected to boost trade, tourism, and industrial activity in the Kutch region, which is already emerging as a key hub for logistics, manufacturing, and port-led development.

    Officials noted that improved air links will reduce travel time, support business operations, and encourage greater investment inflows into the region. The development is also expected to benefit small and medium enterprises by improving access to major commercial centres.

    Industry experts believe that better connectivity will play a crucial role in accelerating Kutch’s integration with national and global markets, further strengthening Gujarat’s position as an industrial and economic powerhouse.

    The expansion reflects a broader push to enhance regional infrastructure and improve last-mile connectivity to support long-term economic growth.

  • Bhagwati Products Crosses INR 17,000 Crore Revenue Milestone, Advances Vision to Build India’s Electronics Design Platform

    Bengaluru, June 23: Bhagwati Products Limited has crossed the INR 17,000 crore revenue milestone, marking a significant step in the company’s growth journey and reflecting the momentum created by its expanding manufacturing footprint, strong position in the smartphone ecosystem, and growing capabilities across the electronics value chain. The milestone builds on a period of rapid growth for the company, with revenues increasing nearly tenfold from approximately Rs 620 crore in FY24 to Rs 6,200 crore in FY25, underscoring the pace at which the business has scaled over the past two years.

    The smartphone business continues to be the company’s largest revenue driver. With the capacity to manufacture up to 40 million smartphones annually, Bhagwati Products serves leading global brands including Vivo, OPPO and Lenovo. The Rs 17,000 crore milestone has been supported by the continued expansion of its manufacturing capabilities, particularly the scale-up of SMT and FATP lines, enabling higher throughput and greater flexibility across product categories. Beyond smartphones, the company is steadily expanding its presence across adjacent categories such as tablets and TWS devices, strengthening its participation in fast-growing segments of the consumer electronics market.

    The milestone also reflects Bhagwati Products’ evolution beyond large-scale manufacturing. The company is steadily building capabilities across design, engineering, components and advanced manufacturing, creating a more integrated electronics platform that supports both current growth opportunities and future technology categories.

    Commenting on the milestone, Rahul Sharma, Co-Founder, Bhagwati Products Limited, said,

    “Our ambition is to build India’s leading Electronics Design Platform. We believe India’s opportunity lies not just in manufacturing products at scale, but in building deep capabilities in design, engineering, components and advanced manufacturing. By strengthening design-led innovation and integrating global technology capabilities into India, we aim to enable global brands to scale with confidence while positioning India as a stronger force in the global electronics value chain.”

    The company has established capabilities across electronics manufacturing services (EMS), memory technologies and tooling. It is also evaluating opportunities in deep-tech and semiconductor-linked investments as part of its broader strategy to strengthen domestic value addition and build deeper capabilities across the electronics value chain.

    The company’s partnership with Huaqin has been another important growth catalyst. Through its 51:49 joint venture with the global ODM leader, Bhagwati Products has strengthened its product development, engineering and manufacturing capabilities while enhancing its ability to scale alongside global brands. The partnership played a key role in supporting the company’s rapid ramp-up in FY25, when revenues grew tenfold to Rs 6,200 crore, and helped accelerate orders across smartphones and connected devices. Beyond supporting scale, the joint venture has also reinforced Bhagwati Products’ transition towards a more integrated electronics platform with stronger design and technology capabilities.

    The company is now preparing to build a significant presence in IT hardware and computing, which it sees as a major near-term opportunity. Automotive electronics is expected to emerge as another key growth engine as vehicles become increasingly connected, software-driven and electronics intensive.

    Looking ahead, as India’s electronics manufacturing landscape continues to evolve, Bhagwati Products is positioning itself not just as a high-scale manufacturer, but as a broader electronics platform with capabilities spanning design, engineering, manufacturing, components, memory, and semiconductor-linked technologies. The Rs 17,000 crore milestone reflects both the scale the company has achieved today and the foundation it is creating for its next phase of growth.