Category: Business

New Delhi, June 12: Superkicks, India’s leading destination for global sneaker culture and contemporary streetwear, proudly announces the opening of its newest flagship store in the heart of Greater Kailash II’s iconic M Block Market.

Designed by Studio ODD, the 1,300 sq. ft. space marks a significant chapter in the brand’s retail journey, bringing together sneakers, apparel, music, design, and community under one thoughtfully curated roof. Inspired by the warmth and familiarity of a lived-in home, the store moves beyond conventional retail to create an immersive cultural experience where visitors can explore, connect, and engage at their own pace.

Featuring a welcoming façade inspired by traditional Mangalore-style roofs, vinyl listening stations, curated product displays, warm ambient lighting, and intimate seating corners, the space has been designed to foster a sense of belonging while celebrating sneaker and streetwear culture.

The flagship showcases Superkicks’ growing apparel and sneaker portfolio, featuring globally renowned brands alongside sought-after streetwear labels, further strengthening its position as a destination for India’s fashion-forward community.

For Superkicks, Delhi has always been a key part of its journey, and the new GK II flagship reflects the brand’s continued commitment to creating meaningful spaces that celebrate culture, creativity, and community.

Keturah founder says Dubai shows its global standing with apartment, villa deals above AED 5 million

Dubai, UAE, June 12: Dubai’s luxury real estate market continued to attract strong investment in May, with developers recording almost AED5 billion in off-plan sales for homes priced above AED5 million.

A market analysis from the Keturah luxury brand today shows villa buyers accounted for AED2.51 billion across 184 transactions, while apartment sales reached AED2.45 billion from 207 deals.

The strongest villa activity came in the AED10-20 million bracket, where 60 transactions generated AED834.2 million in developer off-plan sales, with a further 23 deals worth AED746.3 million recorded in the AED20-50 million range.

Data from DXBinteract shows that apartment sales were concentrated in the AED5-10 million bracket, which accounted for 158 of the 207 transactions recorded during the month.

With a total of 391 apartment and villa sales amounting to AED4.96 billion, it means an average of 12 off-plan homes each worth more than AED5 million were sold every day of the month, at an average of AED12.7 million per property.

“This is the equivalent of almost 400 homes each worth more than £1 million in London, and $1.36 million in New York, being sold in a single month,” said Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand.

“It says a great deal about Dubai’s standing among the world’s leading real estate markets, and about the depth of confidence that continues to exist here.”

Added Al Gaddah: “This market has proven over many years that its resilience is structural rather than cyclical. When conditions become more challenging, that foundation holds, and serious capital continues to move.

“At the same time, the definition of luxury in real estate is evolving, as global investors focus more on wellness, liveability, environmental quality, privacy, and long-term residency potential.”

Keturah currently has two major residential developments under way in Dubai that sit directly within this market segment. Keturah Reserve is an AED5.7 billion bio-living community in Mohammed Bin Rashid City’s District 7. The Ritz-Carlton Residences at Keturah Resort is a wellness-certified waterfront community along Dubai Creek adjacent to the Ras Al Khor Wildlife Sanctuary.

“Both projects were conceived with exactly this shift in mind,” said Al Gaddah. “Buyers are now asking more of the developments they choose. They want to know how a home will actually serve them day to day, how it is built, what surrounds it, and whether it will hold its value over time.

“Developers who answer these questions honestly will earn long-term trust, and Dubai will attract long-term capital because the fundamentals are genuinely strong. The regulatory environment is transparent, the infrastructure is world-class, and the city is planned with genuine foresight.”

New Delhi, June 12 :  The Space Industry Association of India  is set to host the India Space Congress 2026, India’s premier space industry conference, from 15–17 June 2026  with the theme ‘Reimagining Space Reinventing Collaboration Realising the Next Era of Space’ at Le Meridien, New Delhi. Bringing together policymakers, global space agencies, defence leaders, diplomats, investors, industry captains, researchers, startups and academia, ISC 2026 is expected to be one of the largest and most influential gatherings of the space ecosystem in the region.

This year’s Congress is expected to attract over 600 participants, including  more than 200 speakers and moderators, with representation from  over 25 countries and participation from government agencies, international organisations, private industry, research institutions and strategic stakeholders from across the globe. ISC will feature an exceptional lineup of national and international leaders from government, diplomacy, industry, defence, academia and the global space community. Distinguished participants include Dr. Pawan Goenka, Chairman, IN-SPACe; His Excellency Mr. Christian Biever, Ambassador of Luxembourg to India; Ambassador Rakesh Sood, Former Ambassador and Special Envoy for Space Affairs; Dr. Shailesh Nayak, Director, NIAS and Former Secretary, Ministry of Earth Sciences

Spread over three days, ISC 2026 will feature over 60 sessions, strategic dialogues, workshops and leadership discussions, covering topics ranging from satellite communications, Direct-to-Device connectivity, Earth observation, geospatial intelligence, launch systems, in-orbit servicing, navigation, defence space, cybersecurity, artificial intelligence, space sustainability, manufacturing, investment, policy and international cooperation.

The Congress comes at a defining moment for the global space sector. As the global space economy moves toward the trillion-dollar mark and India targets a USD 44 billion space economy by 2033, discussions at ISC 2026 will focus on the next phase of growth – market creation, investment mobilisation, industrial scale-up, strategic resilience, and global competitiveness.

A major highlight of ISC 2026 will be the release of several flagship reports and publications developed in collaboration with leading knowledge partners. These include Space, Strategy & the Future World Order – Perspectives from DEFSAT 2026, Connecting the Unconnected: Designing India’s Regulatory Framework for Direct-to-Device Satellite Services, Reframing Space from “Enabling Layer” to “Critical Infrastructure”, Building India’s On-Orbit Servicing and Refueling Ecosystem: Policy, Partnerships and Pathways Forward, and India’s Space Investment Outlook 2026: Assessing Investment Readiness and Market Potential.

The Congress will also witness the launch of the Indian Space Industry E-Catalog Platform , designed to strengthen industry visibility, collaboration and market access across the ecosystem.

Beyond the usual agenda, ISC 2026 will showcase SIA-India’s growing focus on talent development, innovation and future leadership. The Congress will host the I ndia Space Policy Ideathon , jointly organised with Space Generation Advisory Council . The policy ideathon also known as GeoNiti is the country’s first national platform connecting space policy, Earth observation, climate intelligence and public policy to nurture the next generation of space leaders. The initiative complements SIA-India’s recent recognition as a Space Tutor under ISRO’s START programme. ISC 2026 will also witness the announcement of winners of the highly successful Call for Papers Programme in association with Centre of Excellence SpaceTech Foundation established by the Government of Karnataka through KITS and SIA partnership. The CFP initiative received an exceptional response and high-quality submissions from academia, industry, startups and researchers across the country, reflecting the growing maturity and innovation potential of India’s space ecosystem. Both initiatives will be recognised during the SIA Space Excellence Awards Ceremony.

ISC 2026 enjoys support from a broad coalition of government institutions, industry bodies, academic institutions and international organisations. Supporting organisations include the Ministry of Electronics and Information Technology, Ministry of Defence – Department of Defence Production, NewSpace India Limited , Research and Information System for Developing Countries , Government e-Marketplace , National Institute of Advanced Studies , The Aeronautical Society of India, Institution of Electronics and Telecommunication Engineers , Aryabhatta Knowledge University, Space Enterprise Council, Satellite Industry Association , SPACETIDE Foundation , Geospatial World Chamber of Commerce, T-Hub, and several other national and international partners.

The event is supported by Ananth Technologies and NELCO as Gold partners, Hughes Communications India as SATCOM Partner, and leading knowledge partners including Deloitte, EY, Novaspace, GraySpace Consulting, Synergia Foundation, and TMT Law Practice. The Centre for Land Warfare Studies  serves as the Defence Knowledge Partner.

Commenting on the upcoming Congress, Mr. Anil Prakash, Director General, SIA-India, said:

” As the economy becomes increasingly dependent on space-enabled communications, navigation, digital infrastructure, financial systems, logistics and national security applications, there is a strong case for viewing space as critical infrastructure. At ISC we are deliberating upon this aspect that the CI recognition is not merely about protecting assets; it is about creating the conditions for growth which can help unlock infrastructure-style financing, improve access to long-term capital, strengthen investor confidence and support the development of globally competitive space enterprises. Also that any future regulatory frameworks including the Space Activities bill must balance compliance obligations with enabling incentives so that resilience, innovation and commercial growth advance together. ISC 2026 provides an important platform for shaping this next phase of India’s space journey.”

Dr. Subba Rao Pavuluri, President, SIA-India, added:

“To achieve India’s ambition of becoming a USD 44 billion space economy requires predictable regulation, stronger demand signals, risk-sharing mechanisms, deeper industry-academia collaboration and access to long-term growth capital. The discussions at ISC 2026 are therefore not only about technology and policy; they are about building the foundations of a globally competitive space economy capable of attracting investment, creating markets and delivering long-term economic value”

With participation from leading global space agencies, defence organisations, investors, satellite operators, launch companies, technology providers, manufacturers, startups and researchers, ISC 2026 is expected to serve as a key platform for shaping the future of India’s space sector and strengthening its role in the global space economy.

June 11, Mandi: HIMSHIKHAR 2026 a residential summer programme conducted by the Centre for Continuing Education (CCE), IIT Mandi, in collaboration with the National Skill Development Corporation (NSDC).

The programme brings together students from across the country for two intensive months, students are learning directly from IIT Mandi faculty, researchers, and industry mentors, gaining deep exposure to emerging fields such as Software Development with AI, Data Science, AI & ML, Agentic AI Systems and Entrepreneurship & Venture Building. An intensive, application-focused learning experience, complemented by student leadership initiatives, governance activities, cultural engagement, and sports.

Bringing together over 600 students from 8 states and 20 cities, the programme provides participants with an opportunity to experience campus life while engaging in academic, cultural and leadership initiatives.

As part of the programme, four student councils have been constituted across Science & Technology and Entrepreneurship, Sports, Culture and Creative Arts, enabling students to take on leadership responsibilities and contribute to campus life.

To encourage collaborative learning and student-led governance, participants have been grouped into four houses — Aravalli, Nilgiri, Vindhyachal and Shivalik.

Students undergo a structured academic journey through faculty-led sessions, projects, workshops, and assessments, ensuring a rigorous and guided learning experience while also participating in activities including jamming sessions, treasure hunts, Minesweeper challenges and tug of war competitions, helping them interact, collaborate and build connections with peers from diverse backgrounds.

“A meaningful residential programme is not limited to what happens inside a classroom. Through HIMSHIKHAR, participants engage with academic learning while also experiencing collaboration, leadership and community living. The various student-led initiatives, from councils to cultural and sporting activities, are intended to create an environment where students learn from both structured instruction and shared experiences,” said Prof. Tushar Jain, Head, Centre for Continuing Education (CCE), IIT Mandi.

In response to the success of HIMSHIKHAR 2026, IIT Mandi has launched HIMSHIKHAR Special Edition for those who missed out the first.

Bengaluru June 11: YES BANK, one of India’s leading private sector banks, today announced revision in interest rates on its USD Foreign Currency Non-Resident (Bank) [FCNR(B)] Deposit rate, with the peak USD deposit rate at 6.60% p.a., effective June 11, 2026.

This revision reinforces the YES BANK’s commitment to offering competitive investment avenues to Non-Resident Indians (NRIs) while enabling them to benefit from attractive returns on foreign currency deposits.

The revised rates, effective June 11, 2026, are as follows:

Customers can contact their relationship managers or branches to open FCNR(B) deposits.

India June 11: Cosmo First Limited, a leading global manufacturer of speciality films and advanced material solutions, has announced the elevation of Mr. Piyush Gupta as the Business Head of its wholly owned subsidiary, Cosmo Speciality Chemicals Pvt Ltd. In addition to his new role, he will continue to oversee certain Global Sales and Marketing responsibilities for the company’s Cosmo Films vertical.

As the Business Head of Cosmo Speciality Chemicals, Piyush Gupta will be responsible for driving the overall business expansion, devising long-term growth strategies, expanding to new markets and further strengthening the existing consumer base. 

“Piyush has a proven track record of demonstrating strong leadership skills and has a deep understanding of the business along with industry expertise. He has been an integral part of Cosmo First Limited, and his elevation reflects the company’s confidence in his ability to steer the business to the next phase of growth,” said Mr. Pankaj Poddar, Group CEO, Cosmo First.

Piyush has spent a considerable amount of time in the Flexible Packaging and Polymeric Films Industry and has over 3 decades of rich international experience in operations, P&L oversight, multi-channel product distribution, global sales & marketing, and business development. Prior to this, he was associated with companies like JBF RAK LLC – UAE, Flex Middle East FZC – UAE & UFLEX Limited – India to name a few, in leadership positions. 

Speaking on his appointment, Mr. Piyush Gupta, Business Head, Cosmo Speciality Chemicals, said, “My journey at Cosmo First, over the years, has been enriching and I am delighted to take on the new role as the Business Head at Cosmo Speciality Chemicals. I look forward to continuing driving strategic growth at the company while keeping innovation at the helm of all operations. I am thankful to the leadership at Cosmo First for entrusting me with this new role.”

Certification reinforces confidence in AAEON’s Product Security Development Lifecycle Process in the evolving global cybersecurity landscape.

Taipei, Taiwan – June 11, Leading provider of advanced industrial and embedded AI computing platforms AAEON announced that it has successfully obtained IEC 62443-4-1 certification. This certification validates that AAEON’s Product Security Development Lifecycle Process meets globally recognized standards in cybersecurity practices across every stage of product development.

AAEON initiated its certification effort in June 2025, working alongside independent consulting firms to proactively review its existing practices, ahead of the full implementation of the EU Cyber Resilience Act (CRA) requirements in December 2027. In addition to performing both independent and internal reviews, AAEON implemented detailed standardized procedures, such as security management documentation and supporting forms, while also undertaking comprehensive internal security awareness training programs.

The certification, issued by LCIE (Laboratoire Central des Industries Électriques), France, covers eight key domain requirements, all successfully passed with an assessed Maturity Level 2. Of particular note are the key controls evaluated, such as the presence of a formalized secure development lifecycle, threat modeling and mitigation testing, and a commitment to the periodic review of security defect management practices.

With cybersecurity threats evolving and standardized regulatory frameworks being introduced to meet them, IEC 62443-4-1 certification positions AAEON as a trusted partner for organizations seeking edge AI and industrial platforms that are both compliant and able to reduce operational risk across different industries.

“We strive to be always ahead, and to do this we must continuously improve in all areas, including how we handle emerging cybersecurity threats.” said Howard Lin, CEO of AAEON. “To have formal recognition of how seriously we take such matters sends a clear signal to our customers that we not only adhere to stringent security practices, but that they are a cornerstone of our product development lifecycle.”

Mumbai, June 11: Cementing the robust appeal of football and the FIFA World Cup 2026™ across the Nation, leading Content & Technology powerhouse Zee Entertainment Enterprises Ltd. (‘Z’) has partnered with 12+ brands across key categories including Auto, FMCG, BFSI, Beverages, Technology, Lifestyle and many others for the greatest show on earth. Leading the sponsorship roster are – Mahindra as the Co-Presenting Sponsor, Diageo as the Co-Powered By Sponsor alongside several other marquee brands like Apple, Pernod Ricard and Mondelez that have associated with the event across platforms. 

The Company garnered massive demand from brands as it offered customized high-impact solutions and integrated engagement opportunities across its linear and digital platforms to enhance holistic value delivery to brands and viewers alike. With a robust portfolio of 12+ brand partners already on board and active discussions underway with several others, ‘Z’ has built strong commercial momentum ahead of FIFA World Cup 2026™. The Company’s linear sports portfolio of channels under the brand name Unite8 Sports coupled with its robust digital entertainment platform – Zee 5, will leverage strong synergies to maximize reach and engagement for the global football event. 

With customized packages across linear, digital, CTV, social and on ground integrations, brands will be able to unlock unprecedented scale and access the highly passionate consumer cohorts. Zee 5 and Unite8 Sports have designed a holistic, cross-platform strategy that enables partners to tap into the full fan journey through on-air integrations during live matches and studio programming, digital-first innovations, storytelling driven by fan narratives and on-ground activations across key markets. 

The integrated approach ensures value addition at every stage of the consumer journey – from awareness and consideration to engagement and advocacy. By leveraging the combined strengths of Unite8 Sports and Zee 5, brands can benefit from value parity across platforms, ensuring consistent visibility, audience reach and engagement irrespective of the medium.

This strategy allows advertisers to unlock unprecedented scale while maintaining flexibility to create bespoke campaigns tailored to specific business goals, audience segments and category requirements. 

Speaking about the associations, Sandeep Mehrotra, Chief Operating Officer – Advertisement Revenue, Zee Entertainment Enterprises Ltd. said, “We are delighted to garner an extremely encouraging response from brands across categories, which further reflects the immense potential of football and the FIFA World Cup 2026, as a key sport in India. Leveraging the robust capabilities across our linear and digital platforms, we have built an unmatched offering for advertisers that enables them to be a part of the entire fan journey, from discovery to engagement. Our integrated model is aimed at delivering stronger brand recall and measurable outcomes that combine scale with storytelling. We remain confident that FIFA World Cup 2026 on ‘Z’ will set a new benchmark for sports monetization across the country.” 

The Company is in active discussions with several other brands across Auto, FMCG, BFSI, Beverage, Technology, Lifestyle & many others across categories. With a robust advertiser lineup, ‘Z’ is well-positioned to make the FIFA World Cup 2026™ a landmark event for viewers and brand partners. The Company is taking strategic steps to further expand the footprint of football, while elevating the viewing experience for fans.

The 25,260 square metre hub will serve as a launchpad for SMEs to establish and expand operations in the Emirate 

Abu Dhabi, UAE – 11 June 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of the KEZAD SME Hub, a purpose-built business platform for small and medium enterprises (SMEs). The SME Hub marks the Group’s first-of-its-kind development designed to support SMEs in establishing and scaling their operations in the emirate.

Scheduled for handover before the end of this year, and located in KEZAD A (KEZAD Al Ma’mourah), the 25,260 square metre KEZAD SME Hub is designed as a practical bridge between early-stage SME incubators and full-fledged industrial market facilities. The aim of the SME Hub is to ease the transition from startup to scaled production and distribution within an integrated economic zone.

The hub benefits from direct connectivity to Khalifa Port and Etihad Rail networks, and offers businesses access to more than 75 percent of the UAE’s urban areas within a 90-minute drive. 

As a pioneering development, the AED 112 million hub combines Micro Industrial Units and office suites in a single model, enabling SMEs to streamline day-to-day activity, logistics and costs. Co-located within a like-minded SME community and complementary industrial activities, businesses can unlock partnership opportunities through shared services and supplier networks. 

The hub comprises 175 flexible business-ready Micro Industrial Units starting from 100 square metres, supported by a dedicated business centre and access to KEZAD’s on-site infrastructure and business support services. 

SMEs represent 94 percent of all businesses in the UAE, and contribute to 64 percent of the nation’s non-oil GDP. In Abu Dhabi, SMEs constitute around 98 percent of the emirate’s businesses, employ 46 percent of the workforce, and contribute to around 43 percent to its non-oil GDP. With the SME sector expected to grow to one million enterprises by 2030, SME development remains central to the diversification of Abu Dhabi’s economy. 

Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group said: “SME sector growth is a top priority for Abu Dhabi. In alignment with the leadership’s vision, we aim to establish KEZAD as a thriving ecosystem for small and medium enterprise development in the region. The KEZAD SME Hub will serve as a launchpad for SMEs, nurturing and developing the industry with vital resources and support required to grow in a competitive market.

Joining the hub will also enable SME investors to leverage the advantages and business support provided by KEZAD’s integrated business ecosystems.”

Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi – KEZAD Group said: “With the SME Hub initiative, we are strengthening KEZAD’s vibrant entrepreneurial ecosystem dedicated to small and medium industries. The Hub will play a crucial role by providing early-stage support for SME startups while also enabling established SMEs to scale their operations at competitive costs within an integrated industrial environment, bridging the gap between SME incubators and the industrial market facilities needed to compete and grow.” 

Small and medium enterprises play a vital role in Abu Dhabi’s economy, fuelling industrial advancement and job creation. Backed by the leadership’s vision, KEZAD continues to empower SMEs to set up, thrive, and grow into globally competitive businesses, reinforcing the emirate’s position as a leading destination for industry and commerce

In this connection, KEZAD Group has signed an MoU with Emirates Growth Fund to support the development of UAE-based SMEs, combining KEZAD’s integrated industrial and logistics ecosystem with EGF’s growth capital and strategic support. The collaboration aims to help high-potential SMEs access the resources, infrastructure and guidance needed to scale their operations and compete in wider regional and global markets.

11 June: Summer styling this season embraces radiant gold tones, textured dials and polished details that effortlessly catch the light. Inspired by the energy of long sunlit days and vibrant city nights, the mood feels confident, expressive and easy to wear, blending sleek silhouettes with statement accents that transition seamlessly from daytime plans to evening moments.

Capturing this spirit of the season, Armani Exchange introduces its new Summer 2026 watch collection featuring contemporary styles for both him and her. The collection brings together refined metallic finishes, sport inspired elements and modern silhouettes designed to balance statement style with everyday versatility, reflecting a fresh and elevated take on seasonal accessorising.

LADIES SYNC: A NEW CHAPTER IN THE ICONIC SYNC PORTFOLIO

Building on the success of the iconic Men’s Sync platform, one of Armani Exchange’s bestselling watch portfolios since its launch – the new Ladies Sync collection introduces a refined feminine evolution of the signature design. Retaining the platform’s clean modern aesthetic and versatile appeal, the collection reimagines Sync through polished gold finishes, sleek proportions and elevated detailing designed for contemporary styling.

Marking the platform’s expansion into women’s watches, the collection also introduces refined new elements including a laboratory-grown diamond accent at the 6 o’clock marker, bringing a subtle touch of sophistication to the signature silhouette. 

AX6031

The AX6031 reinterprets the signature Sync aesthetic through a softer, more elevated lens. Defined by a textured gold-tone dial and matching stainless steel bracelet, the design balances clean lines with luminous detailing for a look that feels polished yet effortless. A laboratory-grown diamond accent at the 6-hour marker introduces a refined point of shine, while the rounded case and seamless bracelet construction create a sleek silhouette designed to move easily from day to evening. It is also available in two other colourways – Blue and Silver. 

AX5738

The AX5738 brings together vintage-inspired elegance and modern sophistication. A rectangular gold-tone stainless steel case is paired with a warm brown sunray dial, creating a rich, light-catching finish, while the matching bracelet adds a polished, jewellery-like appeal. Complete with clean three-hand detailing and an Adjust-O-Matic closure for a tailored fit, the design offers a refined statement that seamlessly transitions from day to night. 

AX4298

The AX4298 combines sharp contrast with understated sophistication through its two-tone construction and textured dial detailing. Designed with a balanced, modern aesthetic, the watch features a clean three-hand movement alongside a functional day-date display that enhances everyday wearability. The layered dial surface introduces depth and dimension, while the polished bracelet and secure clasp complete the design with a refined yet versatile finish suited for both daytime dressing and evening occasions. It is also available in three other colourways: Blue, Gunmetal and Black. 

AX7178SET

The AX7178SET delivers a sleek and polished statement through its dark dial contrasted against warm metallic tones. Defined by a clean case structure and minimal three-hand movement, the watch carries a sharp, contemporary presence that feels both elevated and versatile. Designed as a multi-piece set, it offers styling flexibility while maintaining a cohesive aesthetic rooted in modern sophistication and everyday ease.