Category: Business

Mumbai, Mar 13: Marking the auspicious occasion of Gudi Padwa, the traditional Maharashtrian New Year, Infiniti Mall, Malad invites visitors to celebrate the festive spirit with a vibrant Dhol Tasha Pathak performance. Known for its powerful percussion, synchronized rhythms, and electrifying energy, the performance promises to bring alive the cultural essence and festive fervour associated with the occasion.

A significant symbol of Maharashtrian celebrations, Dhol Tasha Pathak performances are known to create an atmosphere of unity, enthusiasm, and cultural pride. Visitors at Infiniti Mall will witness a lively showcase of skilled performers playing the traditional dhol and tasha drums in perfect rhythm, filling the space with celebratory beats that echo the joy and optimism of the new year.

The performance aims to recreate the spirit of festive processions that are an integral part of Gudi Padwa celebrations across Maharashtra. With the powerful beats, vibrant traditional attire, and synchronized choreography of the performers, the event will offer shoppers and families an immersive cultural experience that celebrates the state’s rich heritage.

Through such festive initiatives, Infiniti Mall continues to create engaging experiences that go beyond shopping, bringing communities together through culture, celebration, and entertainment. The Gudi Padwa celebration offers visitors a chance to pause, enjoy the festive atmosphere, and welcome the new year with positivity and enthusiasm.

Event Highlights

Date: 19th March, 2026

Time: 5:30 PM onwards

Venue: Infiniti Mall, Malad

Visitors are invited to be part of this vibrant celebration, experience the powerful rhythms of Dhol Tasha, and welcome the Maharashtrian New Year with festive energy at Infiniti Mall, Malad.

Samsung Electronics Co., Ltd. today announced the global availability of the Galaxy S26 series and the Galaxy Buds4 series. As Samsung’s third generation of AI phones, the Galaxy S26 Ultra, Galaxy S26+ and Galaxy S26 deliver the most intuitive and proactive Galaxy AI experiences yet, helping users accomplish more with fewer steps. Following Galaxy Unpacked, the newly launched Galaxy S26 series has generated exceptional early demand, with initial pre-order figures surpassing previous records and marking a double-digit increase. The premium Galaxy S26 Ultra has quickly become the standout model, selected by more than 70% of pre-order customers worldwide.

 Galaxy S26 Ultra: Where Innovation Leads

Galaxy S26 Ultra brings together Samsung’s most advanced innovation in a single device – powerful performance, an industry-leading camera system, enhanced intuitive Galaxy AI and the world’s first mobile phone with a built-in Privacy Display.

Privacy Display, which has drawn widespread praise since its unveiling, isa breakthrough in display technology that fundamentally changes how privacy can be protected on a phone at a pixel level. Designed for everyday situations, hardware and software are working as one to protect privacy without compromising everyday viewing experiences.

Built for all-day performance, Galaxy S26 Ultra delivers the most powerful performance on a Galaxy S series yet, powered by a customized mobile processor — Snapdragon® 8 Elite Gen 5 Mobile Platform for Galaxy  with significant gains across the CPU, GPU and NPU to support faster, smoother experiences that keep up throughout the day.s

Galaxy S26 Ultra also features Samsung’s most intuitive and user-friendly AI experience to date. Features like Now Nudge provide proactive and relevant context-aware suggestions, while Now Brief surfaces timely reminders for important events. A choice of agents also help users to complete tasks easier with a single button press or voice prompt.

Galaxy S26 Ultra builds on Samsung’s industry-leading camera system, seamlessly integrating capture, editing and sharing into one intuitive workflow. Nightography video, keeps footage vibrant even in low light, and Super Steady, which comes with a new horizontal lock option for greater stability, even during dynamic movement. Editing is just as easy and straight forward. With the upgraded Photo Assist, users can refine images and express their creativity by simply describing what they want in their own words, while Creative Studio empowers users to easily turn their ideas into polished visuals — from stickers and invitations to personalized wallpapers.

Galaxy Buds4 series: Superior Hi-Fi Sound with Computationally Designed Fit

Users can enhance the capabilities of the Galaxy S26 with the new Galaxy Buds4 series which integrated Samsung’s most advanced audio and wearability innovations together in one seamless experience. The Galaxy Buds4 Pro and Galaxy Buds4 deliver superior hi-fi audio and everyday wearability to achieve the best listening experience across the Galaxy Buds series to date.

The Galaxy Buds4 series establishes a new iconic blade design with an engraved pinch control and ultra-sleek ergonomic fit, achieved by analyzing hundreds of millions of global ear data points and running over 10,000 simulations to optimize for all-day wearability and comfort.

Powerful hardware and software innovations on the Galaxy Buds4 Pro such as a wider woofer and an enhanced Adaptive Equalizer and Active Noise Cancellation produce rich full-spectrum sound true to the original recording. With the integration of several AI agents and intuitive hands-free controls, the Galaxy Buds4 series becomes a natural companion to Galaxy S26, extending everyday experiences beyond the phone.

 

Over the decades, Chembur has been home to several iconic landmarks that once defined the suburb’s cultural, recreational and industrial identity. Today, many of these locations are gradually transforming into some of Mumbai’s most sought-after residential addresses, giving rise to a new chapter of premium housing in the micro-market. 

Chembur’s evolution mirrors the larger urban transformation seen across Mumbai where historic and industrial landmarks are being reimagined as lifestyle-driven residential destinations. Locations that were once associated with studios, factories and institutional spaces are now emerging as signature addresses, attracting leading developers and premium residential projects. 

 

One of the most prominent examples is the historic R. K. Studio, which for decades stood as a symbol of Indian cinema. The redevelopment of the studio land has drawn significant attention to the locality, highlighting how legacy land parcels can be repurposed to create modern residential spaces that blend heritage with contemporary living. The iconic Dukes Factory, once synonymous with Chembur’s industrial character, represents the broader shift in land use across the area. As older industrial units gradually made way for redevelopment, several such locations began attracting residential development, unlocking new possibilities for premium housing. 

Similarly, the presence of the prestigious Bombay Presidency Golf Club has played a key role in elevating Chembur’s residential appeal. Homes overlooking or located near the golf course have increasingly become aspirational addresses, offering residents rare green views and a tranquil lifestyle within Mumbai’s dense urban fabric. 

Commenting on the emergence of such landmark-driven residential pockets, Mr. Vijay Choraria, Managing Director, Crest Ventures Limited said “Globally, iconic landmarks often become anchors for premium residential development. In Chembur, locations around the Bombay Presidency Golf Club have evolved into distinctive residential enclaves because they offer a rare lifestyle proposition such as expansive permanent green views, exclusivity and proximity to key parts of the city. Over time, these locations naturally develop into signature addresses that homebuyers strongly associate with prestige and quality living.” 

Leading developers have recognized the potential of these landmark-driven locations and are increasingly investing in the micro-market. City’s Developers such as Godrej Properties, The Wadhwa Group, Rustomjee, House Of Hiranandani and Chandak Group have introduced premium residential developments that are reshaping Chembur’s skyline and elevating its reputation as an upscale residential destination. 

Redevelopment is further accelerating this shift. Many ageing buildings and industrial plots are being transformed into modern residential towers offering upgraded amenities and improved urban planning. 

A spokesperson from Chandak Group said, “Redevelopment has been a major catalyst in Chembur’s transformation. Several older structures and underutilized land parcels are now being reimagined as contemporary residential developments. This process is helping create luxury homes with modern amenities and better open spaces, turning previously industrial or legacy locations into premium residential addresses.”

 Improved connectivity has also strengthened the suburb’s attractiveness. Infrastructure projects such as the Mumbai Monorail, along with easy access to the Eastern Freeway and major arterial roads, have enhanced Chembur’s connectivity with South Mumbai, BKC and Navi Mumbai, making it a convenient residential choice for professionals and business owners. 

As iconic locations continue to be redeveloped and reimagined, Chembur is steadily transitioning into a neighbourhood defined not just by its history, but by its new identity as a cluster of signature residential addresses. The suburb’s transformation demonstrates how legacy landmarks can become the foundation for modern, premium urban living.

 

Hyderabad, Mar 13: The Federation of Telangana Chambers of Commerce and Industry (FTCCI), in association with the Directorate General of Foreign Trade (DGFT) and the Agricultural and Processed Food Products Export Development Authority (APEDA), organized a seminar on “Emerging Export Opportunities in Food & Agri Products from Telangana – Impact of FTAs” at KLN Prasad Auditorium, Federation House, Hyderabad on Friday.

The seminar was inaugurated by Sri Tummala Nageswara Rao, Hon’ble Minister for Agriculture, Marketing, Co-operation and Handlooms & Textiles, Government of Telangana, who attended as the Chief Guest. Senior officials from DGFT and APEDA, exporters, food processors, Farmer Producer Organizations (FPOs), agri-entrepreneurs and industry representatives also participated in the program.

In his keynote address, Sri Tummala Nageswara Rao highlighted Telangana’s remarkable growth in agriculture over the past few years, noting that the State has emerged as the number one producer of paddy in the country. He emphasized that while production levels have increased significantly, the next priority is to ensure better value realization for farmers through exports, value addition, and food processing.

The Minister stressed the importance of strengthening grading, processing, packaging, branding, and compliance with international quality standards to enable Telangana’s agricultural products to compete successfully in global markets. He noted that the State Government, under the leadership of Chief Minister Sri Revanth Reddy, is focusing on the development of food processing infrastructure and agri-based industries.

He highlighted initiatives such as the Mega Food Park being established at Buggapadu in Khammam district, which will provide modern processing facilities, cold storage, logistics support, and value addition opportunities for farmers and food processing industries.

The Minister also pointed out the strong export potential of Telangana’s horticulture sector, including fruits, vegetables, and spices such as turmeric and chilli. With improved supply chains, pack houses, cold storage infrastructure, and logistics networks, these sectors can significantly expand their presence in international markets.

At the same time, he emphasized that while promoting agricultural exports, the interests of Indian farmers must be safeguarded, particularly in the context of international trade agreements and tariff policies affecting agricultural commodities.

Earlier, Sri R. Ravi Kumar, President, FTCCI, welcomed the dignitaries and participants. He highlighted Telangana’s growing role in India’s agricultural export landscape, noting that the State produces around 168 lakh metric tonnes of rice annually and has strong potential in exports of rice, spices, fruits, vegetables, and processed food products.

He emphasized the need to strengthen export infrastructure, including pack houses, integrated cold chain systems, food testing laboratories, and refrigerated logistics networks, to support exporters and ensure compliance with international standards. He also underscored the importance of building export-oriented Farmer Producer Organization (FPO) clusters to integrate farmers with global value chains.

Sri Ravi Kumar also requested the Government to consider the development of integrated agri-export processing and logistics zones in Telangana to support the growing food processing and export ecosystem.

Introducing the seminar, Sri S. Chandra Mohan, Chairman, Agro & Food Processing Committee, FTCCI, said the program aims to provide practical insights into export opportunities, international trade trends, and the implications of Free Trade Agreements for the agri and food processing sectors.

He noted that the seminar would help exporters, food processors, agri-entrepreneurs, and FPOs understand global market requirements, export financing, regulatory compliance, and opportunities arising from evolving global trade dynamics.

Officials from DGFT and APEDA —Mr Akshay SC, Joint Director General of Foreign Trade, Directorate General of Foreign Trade(DGFT), Govt of India, and RP Naidu, Regional Head of APEDA delivered technical presentations on India’s trade strategy, export procedures, market access, quality standards, and support mechanisms available for agri exporters.

Mr Akshay SC, DGFT explained what is FTA (Free Trade Agreement) and how it helps.

A Free Trade Agreement (FTA) is a trade agreement between two or more countries to reduce or eliminate tariffs (import duties) and trade barriers on goods and services between them he said

The goal of an FTA is to make trade easier, cheaper, and faster between the participating countries, he added.

India has FTAs with many countries or regions. 250 plus participants through DGFT website and familiarised them with registration process.

Naidu of APEDA said APEDA covers about 700+ agricultural and processed food products under its export promotion mandate. Exports of agricultural and processed food products promoted by APEDA reached approximately ₹2.45 lakh crore in the last financial year. Exports of non-basmati rice facilitated by APEDA reached around ₹55,000 crore last year.

Speaking further he added that Nizamabad has developed into an important rice processing hub, with several rice mills approved for exports to the United States. These mills are performing well in global markets and contributing significantly to India’s non-basmati rice exports.

The seminar also featured panel discussions on export finance, quality and compliance requirements, and product-specific export opportunities from Telangana, along with discussions on the role of government support in strengthening the agri-export ecosystem.

The program witnessed active participation from exporters, food processing units, agri-entrepreneurs, logistics providers, consultants, and Farmer Producer Organizations, who engaged in discussions on expanding Telangana’s presence in global agricultural markets.

The seminar concluded with a strong emphasis on collaboration between government agencies, industry bodies, exporters, and farmers to position Telangana as a major hub for agricultural and food product exports.

The half day seminar featured technical sessions. Experts from government agencies and industry shared insights on India’s trade strategy and Free Trade Agreements, product–market mapping under FTAs, export finance and credit facilities, managing export risks through credit insurance, and export documentation and certification for new exporters. A panel discussion on product-specific export opportunities from Telangana and state support brought together representatives from the Department of Industries, Spices Board, and industry leaders to discuss strategies for strengthening the state’s agri-export ecosystem.

Hyderabad, Mar 13: IBO, India’s largest home building retail chain, has launched its flagship summer campaign, ‘Cool Homes, Cooler Prices’, which will run from 1st March to 31st March 2026 across all 40 stores in India. The campaign combines special summer offers on cooling products with assured gifts linked to billing milestones.

During the campaign period, customers will have access to special offers across air conditioners, air coolers, and ceiling fans from leading brands such as Lloyd, Godrej, Voltas, Daikin, Symphony, Bajaj, Havells, Orient Electric, Crompton, V-Guard, and Atomberg. Customers can also avail of cashback on select bank cards and finance options.

Shoppers across home-building categories during the campaign will be eligible for assured gifts including VIP Trolleys, Airfryers, and Soundbars based on their total bill value. Rewards are applicable on cumulative purchases starting at a minimum spend, covering categories such as hardware, electricals, plumbing, sanitaryware, lighting, plywood and laminates, as well as power and hand tools.

IBO currently operates 40 stores across key South Indian markets including Bengaluru, Hyderabad, Chennai, Coimbatore, Mysore, Warangal, Tumkur, and Tirupur. The store has become the preferred choice for thousands of contractors, architects, interior designers, and individual home builders who rely on ready material availability, transparent shelf pricing, and standardized service support.

IBO offers customers a truly omnichannel experience, allowing them to shop through its physical stores as well as digital touchpoints, including its website and app, offering over 250 leading home-building brands under one roof.

New Delhi, Mar 13th: Masterclass Space, an online learning platform founded by BITS Pilani alumni and supported by graduates from IITs and IIMs, has announced the launch of its VITEEE Test Series 2026, designed to help engineering aspirants prepare effectively for the VITEEE.

The newly launched test series is crafted to closely replicate the latest VITEEE exam pattern and difficulty level, offering students a realistic exam simulation before they attempt the actual paper. With VITEEE introducing a revised marking scheme of +4 for every correct answer and −1 for every incorrect answer, the 2026 edition has been updated to fully align with the new guidelines.

Based on extensive feedback from previous batches, the difficulty level of the test papers has been recalibrated to better reflect the evolving trends of VITEEE. The structure, question distribution, and marking logic have been carefully designed to mirror the actual exam environment, ensuring aspirants are well-prepared for both accuracy and time management under negative marking conditions.

One of the core strengths of the VITEEE Test Series 2026 lies in its comprehensive performance analysis. After each test, students receive:

• Section-wise score breakdown

• Time spent per section and per question

• Comparative analysis with toppers

• Insights into peer performance trends

This data-driven analysis enables aspirants to identify weak areas, refine their test-taking strategy, and optimize time allocation.

According to Masterclass Space, in previous years, students’ actual VITEEE scores have consistently fallen within ±15% of their mock test scores, demonstrating strong alignment with the real exam in terms of pattern, difficulty, and topic weightage.

When VITEEE was conducted for 125 marks, several students who consistently scored 110+ in mock tests went on to secure 100–110 marks in the actual examination, helping them secure preferred branches and admission under Category 1, the most economical fee category at Vellore Institute of Technology.

The test series has been curated by experienced faculty members from IITs, IIMs, and BITS Pilani, many of whom have over a decade of experience in competitive exam mentoring. The content is continuously refined using detailed student feedback and past exam analysis, making the series increasingly relevant with each edition.

The test series is available online via the Masterclass Space test platform and mobile application and will remain accessible until the last day of VITEEE 2026. A free demo test is also available, allowing students to experience the test interface and analytics before purchasing.

Sharing his thoughts, Founder Aditya Shanker Raghwanshi said, “We launched the VITEEE Test Series after the immense success of our BITSAT program. Similar to BITSAT, relevance and detailed analysis remain the core pillars of our VITEEE series. Our aim is to provide aspirants with maximum practice, in-depth analysis, and continuous improvement so they can achieve their dream score in VITEEE.”

With its close proximity to the real exam, detailed analytics, upgraded marking scheme integration, and consistent student outcomes, Masterclass Space’s VITEEE Test Series 2026 aims to empower serious aspirants with structured, strategic, and result-oriented preparation.

For engineering aspirants targeting VIT in 2026, the platform offers not just mock tests but a comprehensive preparation ecosystem designed to translate practice into performance.

New Delhi, March 13: Indian equity markets continue to trade within a narrow range despite strong corporate earnings growth, as global uncertainties and geopolitical tensions keep investor sentiment cautious, according to a recent report by Bajaj Finserv Asset Management.

The report highlighted that companies in the Nifty 500 index posted a 16 per cent year-on-year increase in profits in the third quarter of FY26, marking the strongest earnings growth seen in nearly two years. The performance reflects improving profitability across sectors and indicates a gradual strengthening of corporate balance sheets.

Despite this positive earnings momentum, domestic stock markets have not witnessed a major rally and have remained largely range-bound for more than a year. Analysts attribute this trend to external factors, including global economic uncertainties and geopolitical risks, which continue to influence market movements.

According to market experts, strengthening corporate earnings provide a solid base for the long-term growth of Indian equities. However, global developments have created volatility and limited the immediate upside in the markets.

The report also pointed to improving domestic economic indicators. Credit growth in the banking sector has returned to double-digit levels, signalling a rise in economic activity and demand for loans. Meanwhile, consumption trends have shown signs of recovery following recent policy measures, including tax relief through GST adjustments.

Monetary policy easing has also supported the economy. The Reserve Bank of India’s cumulative rate cuts and liquidity measures have helped reduce borrowing costs for businesses and households, which could support investment and consumption in the coming quarters.

However, emerging global trends are creating new challenges. The rapid expansion of artificial intelligence technologies has raised concerns about potential short-term disruptions in India’s IT services sector, particularly regarding demand patterns and employment dynamics.

Geopolitical tensions in the Middle East are another key risk factor. As India imports the majority of its crude oil, any disruption in global supply routes could lead to higher oil prices, putting pressure on inflation and the rupee.

The report warned that prolonged geopolitical instability may also affect sectors such as aviation, chemicals, paints and oil marketing companies, while increasing the risk of foreign investor outflows.

Meanwhile, the bond market has also witnessed fluctuations due to foreign capital movements and global developments, which have influenced currency movements and government bond yields.

Despite near-term challenges, analysts believe that improving domestic fundamentals and stable inflation could help support market stability in the medium term, although global developments will continue to shape investor sentiment.

New York, Mar 13: Despite rising geopolitical tensions, increasing tariffs, and growing uncertainty around global trade policies, globalization continues to remain at historically high levels, according to the DHL Global Connectedness Report 2026, released today by DHL in partnership with the NYU Stern School of Business.

 The report, based on more than 9 million data points, tracks international flows of trade, capital, information, and people across 180 countries, representing 99.6% of global GDP and 99% of the world’s population. It provides one of the most comprehensive assessments of the state of globalization worldwide.

According to the report, global connectedness has remained stable since 2022, with globalization levels reaching 25% in 2025, matching the highest level ever recorded on the report’s scale measuring cross-border flows.

John Pearson, CEO of DHL Express, emphasized the resilience of global integration despite political tensions. He noted that the continued strength of globalization highlights the importance of global cooperation in addressing major challenges such as poverty and climate change.

Trade Growth Supported by AI and Pre-Tariff Imports

The report highlights that global trade growth in 2025 was the fastest since 2017, excluding the volatile pandemic period. Increased trade activity was partly driven by companies accelerating imports before the introduction of higher U.S. tariffs.

Demand for AI-related infrastructure and technology also played a major role in boosting global trade. According to World Trade Organization (WTO) data, AI-related products accounted for 42% of the growth in goods trade during the first three quarters of 2025.

While higher tariffs in the United States could slow trade growth slightly in 2026, global goods trade is still expected to expand at an average rate of 2.6% annually through 2029, broadly in line with growth seen over the past decade.

Limited Impact of U.S.–China Trade Tensions

The report finds that trade between the United States and China has continued to decline, falling from 3.6% of global trade in 2015 to 2.7% in 2024, and further down to 2.0% during the first three quarters of 2025. However, these flows represent only a small portion of total global trade, meaning their decline has had limited impact on overall globalization levels.

At the same time, countries and companies are diversifying supply chains and trade partnerships, with nations such as India and Vietnam emerging as key beneficiaries.

Record Movement of Goods and People

The report also highlights several major trends in other global flows:

• Capital: Foreign investment remains resilient, with multinational companies continuing to generate large portions of their sales internationally. While greenfield foreign direct investment announcements declined in 2025, overall FDI flows increased and cross-border mergers and acquisitions remained strong.

• Information: Growth in cross-border data and information flows has slowed since 2021 due to geopolitical tensions and increasing restrictions on data transfers.

• People: International travel, migration, and student mobility have rebounded strongly after the COVID-19 pandemic and are now reaching record levels.

Singapore Tops Globalization Rankings

In the report’s country rankings, Singapore remains the world’s most globalized country, followed by Luxembourg and the Netherlands. Regionally, Europe ranks as the most globally connected region, followed by North America and the Middle East and North Africa.

The United Kingdom stands out for having the most geographically diversified international flows, while the United Arab Emirates has recorded the largest growth in globalization since 2001.

Globalization Still Far From Its Full Potential

Despite strong global connections, the report notes that the current 25% globalization level shows that the world still has significant room to expand cross-border exchanges if policy restrictions are reduced.

Professor Steven A. Altman, Director of the DHL Initiative on Globalization at NYU Stern’s Center for the Future of Management, noted that while political debates around globalization may appear volatile, actual global flows have proven to be remarkably resilient.

“Globalization faces real risks, but the resilience of international flows is equally real,” Altman said, emphasizing the importance of accurately understanding global economic connections when shaping future policy decisions.

Mumbai,  Mar 13: Saatvik Green Energy Limited, one of India’s fastest-growing fully integrated renewable energy companies listed on the BSE and NSE, has announced the incorporation of its wholly owned subsidiary, Saatvik Power Storage Solutions Limited, in India. The newly formed entity will operate in the renewable energy and energy storage sector, focusing on the development and deployment of battery technologies and energy storage systems.

The initiative marks an important step in Saatvik’s strategy to build a future-ready clean energy platform that integrates solar generation with storage solutions. The subsidiary plans to explore opportunities in 20 GW of energy storage capacity over the next five years, supporting grid stability and renewable integration across key markets. The company also aims to introduce utility scale, C&I, retail and residential range of battery and energy storage solutions, catering to utility-scale, commercial & industrial, and distributed renewable energy applications.

Commenting on the development, Prashant Mathur, CEO of Saatvik Green Energy Limited, said:

“Energy storage will play a critical role in enabling the next phase of renewable energy growth. The incorporation of Saatvik Power Storage Solutions Limited reflects our long-term vision to build a comprehensive clean energy ecosystem that integrates solar manufacturing, EPC capabilities, and advanced storage technologies. This step positions Saatvik to contribute meaningfully to India’s transition toward reliable, round-the-clock renewable power.”

The subsidiary has been incorporated with an authorised capital of ?10,00,000 divided into 1,00,000 equity shares of ?10 each, with 100% shareholding held by Saatvik Green Energy Limited.

The establishment of the subsidiary reinforces Saatvik’s commitment to innovation, technology-led growth, and supporting India’s clean energy transition, particularly as the country accelerates deployment of renewable energy capacity supported by grid-scale and distributed storage solutions.