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₹265.4 crore, Christian Dior's slipped slightly to ₹257 crore from ₹265.7 crore in FY24, and Louis Vuitton's eased to ₹802.47 crore from ₹816.24 crore in FY24.In contrast, the more upmarket Hermès India, which caters to ultra-rich buyers, continued to expand, with revenue rising to ₹427.9 crore from ₹322.2 crore and net profit increasing to ₹83.7 crore from ₹72.7 crore. Swiss watches also outperformed, with sales rising to about ₹3,500 crore from ₹3,244.6 crore in 2024, according to the Federation of the Swiss Watch Industry FH.The divergence could be a sign of a broader market dynamic at play, say experts.

Market trends remain weak and the indices face intense volatility. Investors are carefully monitoring both domestic and international developments to determine the market's next direction.Buy above ₹932, stop ₹890, target ₹1025 (Multiday)Sell below ₹1275, stop ₹1315, target ₹1205 (Multiday)Sell below ₹1555, stop ₹1610, target ₹1465 (Multiday)Why it’s recommended: Cholamandalam Investment and Finance Company Limited is currently facing a technical breakdown. Despite a significant rally earlier in the year, the stock has hit a ceiling at higher levels, triggering persistent selling pressure.

Stock market recap: Indian equity markets faced severe downward pressure on Wednesday, as benchmark indices erased the previous session’s gains to end sharply lower. Nifty 50 plunged 1.63% to settle at 23,866.85, slipping below the psychological 24,000 mark, while S&P BSE Sensex tanked 1,342.27 points or 1.72% to close at 76,863.71.Sentiment was rattled by escalating geopolitical tensions in West Asia, which sent Brent crude prices surging above $91 per barrel, fueling inflation fears.Domestic headwinds, including a weakening rupee, which touched 92.04 per dollar, and relentless FII outflows exceeding ₹32,800 crore this month, further dampened investor confidence.

India's angel networks are increasingly creating their own funds, tapping into the surge of domestic capital to institutionalise early-stage investing in the country's startup ecosystem.To streamline their investment focus, these networks are shifting from deal-by-deal syndication to closed-ended funds, capitalizing on the surge in domestic capital available.“Failure rates for individual angels can be very high, and coming together to structure their investing is a way of addressing that failure rate,” said Ranjeet Shetye, a deeptech angel investor and a mentor at YourNest Venture Capital.Veteran networks like Indian Angel Network (now IAN Group), Hyderabad Angels, and Rajasthan Angels have launched their own funds. These networks have successfully identified enough winners, encouraging investors to supply capital for early-stage bets rather than engaging directly in deal-making.Hyderabad Angels Fund (HAF) launched their maiden fund last year, but it is relatively small at ₹150 crore.

New Delhi: India’s automakers could be heading toward another semiconductor supply squeeze—this time triggered by the artificial intelligence (AI) boom. As chipmakers shift manufacturing capacity toward high-bandwidth memory (HBM) for AI data centres, supplies of conventional memory chips used in vehicles are tightening, driving up prices and raising supply risks for the industry.This could mark the third major supply disruption for the auto industry in recent years, after the rare earth magnet crunch triggered by China’s restrictions last year, and the global semiconductor shortage during the covid pandemic years of 2020-22.At least two industry executives said that if supply pressures persist, automakers may start facing shortages by the end of the next financial year (FY27).“Internal estimates suggest that the supply crunch will get serious towards the last two quarters of the next financial year, which is why there is a rush to prepare now,” one of the executives mentioned above said on the condition of anonymity.The issue was earlier flagged to analysts by Mahindra and Mahindra Ltd (M&M), which makes electric cars, and e-two-wheeler manufacturer Ather Energy Ltd.“Memory chips are something that is a supply chain risk/price sensitive thing because shortage obviously is driving premiums in memory chips,” M&M executive director Rajesh Jejurikar told analysts and investors on an 11 February earnings call.

New Delhi: The government has initiated a study to review and revise India’s workplace social accountability standard, a move that could shape how companies structure compliance and governance practices as the country prepares to operationalise its new labour codes, said two government officials.The Bureau of Indian Standards (BIS) has commissioned research to examine whether amendments are needed to its existing Social Accountability at the Workplace norms, which set out requirements for organisations to establish policies, procedures and practices related to ethical conduct and workers’ welfare, the officials said, speaking on the condition of anonymity.The study will assess the relevance of the existing framework in light of recent policy and regulatory changes aimed at strengthening labour protections, the first of the two officials said.Mint reviewed the terms of reference for the research and development (R&D) project. These include reforms relating to child labour, forced labour, anti-discrimination provisions, whistleblower protection, data privacy and workplace safety, this person said.“Updating the workplace social accountability standard is important at a time when India’s labour regulations are undergoing major changes,” said Sumita Dawra, former labour secretary.

KKR plans to own multiple independent platforms for renewable energy assets in India, a key market for the global private equity giant, where it is betting on infrastructure and financial services to consumer technology.KKR is vying for larger assets, such as Sprng Energy and Gentari, directly through its Asia fund, rather than via its renewable energy platform, Serentica. "The idea is to have multiple energy platforms in the country," said a person with knowledge of the firm's strategy.“The assets are large, and Serentica does not have the debt gearing or equity to finance those deals.

The Supreme Court on Wednesday allowed India’s first court-approved “passive euthanasia”, permitting the withdrawal of life-sustaining treatment for Harish Rana, a 32-year-old man who has remained in a permanent vegetative state for over a decade after a severe brain injury in 2013.The ruling is expected to have a far-reaching impact on Indian patients in prolonged vegetative states and their families, said legal and medical experts, encouraging more families to seek judicial approval for this.“Passive euthanasia” permits holding back life-saving treatment for individuals who are terminally ill or in a permanent vegetative state, allowing natural death. While passive euthanasia has been legal in India since 2018, the framework was streamlined in 2023 to ease the process.“This ruling could encourage more families of patients in prolonged vegetative states to approach courts for withdrawal of life support.

Mint. “With the population and purchasing power that the country has, companies can't afford to make solutions which are not designed with the Indian price point in mind.”Qualcomm's chief executive Cristiano Amon had announced the AI-focused $150 million fund at the India AI Impact Summit held in Delhi last month.

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DGCA), and uploaded on its website, has proposed that foreign carriers register on the civil aviation ministry’s e-governance portal and submit applications online to obtain operating authorization before launching flights to India.Such approvals are currently largely handled through correspondence-based submissions to the regulator, with documentation requirements determined on a case-by-case basis. The new system aims to replace that with a uniform portal-based process."An airline shall register itself on E-Governance of Civil Aviation portal… by creating unique login ID and password (Login Credentials) and providing ....

airlines are required to deploy an additional pilot. This typically means operating the flight with an augmented crew consisting of a captain and two first officers.The aviation safety regulator is conducting a safety assessment and could possibly agree to grant such exemptions, according to the official quoted above.

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₹2 crore over five days, excluding revenue from souvenirs and other merchandise. The estimated economic impact generated for hotels, transport services, restaurants, artisans and local businesses is pegged at ₹130 crore, according to KLF officials.It was not an isolated spike.

Dixon will be able to manufacture display modules locally in India. Display modules account for roughly 10-12% of the bill of materials in smartphones.“This foray into display modules deepens Dixon’s presence in the component ecosystem, with the level of backward integration in smartphones expected to rise by about 10-12% from 16-17% now,” said Emkay Global Financial Services.Dixon is expected to produce around 24 million smartphone displays and 2 million laptop displays annually in the first phase.

New Delhi: As India's job market battle intensifies, top tech firms are swapping staid job ads for influencer-marketing campaigns on Instagram, YouTube and LinkedIn. Creators with millions of followers now spotlight job openings and work cultures, turning a single video into a flood of thousands of applications.Companies like Atlassian, 7-Eleven GCC, Octa, EPAM Systems, ServiceNow, Intuit, ZS Associates, and Infosys are leading this charge, betting on niche influencers’ social media reach to lure talent in a hyper-competitive landscape.“For us, it’s about visibility in the right places where top tech talent is consuming content.

As the dust settles on India’s recent AI summit—optimistic in tone, ambitious in scope—a harder question demands an honest answer. What does the next wave of artificial intelligence mean for a sector that has served as a key economic engine for three decades? Information technology (IT) services generate over $254 billion in annual exports, employ 5.4 million professionals and finance a merchandise trade deficit that has breached $300 billion. Software exports are a success story.

Mint.The email sent last week by David Udell, group president for Asia Pacific, said Sharma would take on broader regional responsibilities as the hotel chain sharpens its focus on growth across the region.In the communication, Udell said India represents a significant long-term growth opportunity for Hyatt.Hyatt has been expanding aggressively in Asia Pacific, particularly in markets such as India, where demand for premium travel and luxury experiences has risen sharply in recent years. It currently has 85 hotels in the country under various brands.In 2025, Mint reported that Hyatt Hotels planned to expand its footprint in India and Southwest Asia to tap growing domestic demand for experience-led travel.

Rising tensions between the US and Iran have pushed global energy prices higher, bringing ceramic tile manufacturers under pressure.

Indian banks are losing ground among working-age savers, even as retirees return in growing numbers to park money in fixed deposits and savings accounts.Recent data from the Reserve Bank of India shows the share of deposits held by working Indians aged 25 to less than 60 has steadily declined over the past two years, highlighting how younger savers are no longer reliant on banks to grow their money.The working population held 55.46% of retail deposits in December 2025, down from 57.41% in March 2023, the earliest comparable data. That is a change of 195 basis points (bps).By contrast, the share of depositors aged 60 and above rose sharply to 40.6%, from 38.25% as of March 2023, up 235 bps.

₹8.44 trillion) universe and, like several other MNCs, is its fastest-growing market.And now, after years of waiting, the one missing ingredient in India may finally be arriving for Siemens. The government's reductions in income tax and good and services tax (GST) rates are beginning to stir private consumption, and Mathur believes that by April the first real signs of a revival in private sector capital expenditure should be visible.The investment community has taken notice.