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Subscribe to enjoy similar stories.B9 Beverages Ltd founder and chief executive officer (CEO) Ankur Jain has been asked to resign and is expected to exit as early as this week, according to two persons familiar with the matter, as investors and lenders move to stabilise the cash-strapped craft beer maker, where production was halted around September last year.The leadership reset will come this week with the appointment of a new CEO. "Salary delays as a result of financial mismanagement have run into several crores.

Subscribe to enjoy similar stories.Ace Turtle, the company behind denim brands Lee, Wrangler and G-Star Raw, is stepping away from India’s crowded value denim segment, sharpening its focus on premium brands as it looks to rebuild margins and define a clearer market position.Its chief executive, Nitin Chhabra, told Mint that the shift has meant it now has a tighter strategy centred on fashion, sourcing and distribution.“We are on track to achieve Ebitda positivity in the September quarter. For the full fiscal year, we are targeting a strong growth trajectory, with revenues expected to rise by approximately 25% compared to the previous year,” he said.

Subscribe to enjoy similar stories.India is emerging as a key growth market for champagne as the country's appetite for premium spirits grows. And, if the duty cuts planned under the proposed trade deal with the European Union (EU) kick in, the spirit would get more affordable and usher in new growth in a hugely underpenetrated market.Senior representatives of the Comité Champagne, which represents growers and manufacturing houses in France’s Champagne region, said India’s champagne market has climbed back to pre-pandemic levels, with shipments at about 60,000 bottles in 2025, close to a peak of around 65,000 bottles recorded in 2016.

Subscribe to enjoy similar stories.NEW DELHI: India’s appetite for Swiss watches is expanding, but the bigger shift is in how consumers are buying them. As the market crossed ₹3,500 crore for the first time in 2025, demand is increasingly being shaped by more informed, deliberate choices—moving away from logo-driven purchases towards craftsmanship, heritage and understated design.“The Indian luxury customer has evolved from buying brands to buying watchmaking,” said Pranav Saboo, managing director and chief executive of Ethos Ltd, one of India’s biggest watch retailersThat shift is showing up across the market.

Subscribe to enjoy similar stories.NEW DELHI: Orkla India, the listed maker of MTR foods and Eastern spices, is gearing up for its next phase of growth with a cash-rich balance sheet to fund acquisitions, even as it pivots towards convenience foods and digital channels—moves that could stretch its traditional operating model.“We are a cash-generating company. We generate anything between ₹300-400 crore annually… money is not a constraint," Sanjay Sharma, managing director and chief executive officer at Orkla India, said in an interview with Mint.The debt-free company is evaluating partnerships and buyouts of regional brands as it looks to expand beyond its southern stronghold.The push comes as Orkla works to stabilize performance after its listing in November last year, part of its parent’s strategy to create independent portfolio companies and drive local value creation.

Subscribe to enjoy similar stories.On warm evenings in Delhi, bartenders are swapping vodka and gin for jamun (java plum), kaccha aam (raw mango) and chilli mango, signalling India's palate is expanding beyond plain white spirits.This shift is beginning to reshape how alcohol producers such as Diageo Plc, Allied Blenders and Distillers Ltd, Radico Khaitan Ltd and NV Group approach their white spirits portfolios, as the country now stands as the fourth-largest flavoured spirits market globally by value, according to industry estimates.Driven by younger consumers, at-home drinking and cocktail culture, India is catching on to a global trend in which flavoured spirits account for a significant share of consumption, but with a twist: it is instead drawing from local kitchens, street snacks and seasonal fruits rather than traditional profiles such as citrus or berry.Kunal Madan, chief marketing officer of Radico Khaitan, which makes Magic Moments vodka, told Mint that its flavoured spirits portfolio is driving 60% of vodka volume growth. Magic Moments also reported around 18% volume growth in the third quarter and sales of ₹1,050 crore for the nine months ended 31 December, driven by flavour-led innovations.In September 2025, it launched Magic Moments vodka in the ‘Jamun SpicyMint’ flavour.

Sarovar Hotels & Resorts will go ahead with a selective expansion spree in India’s mid-market segment. While the chain crossed ₹2,000 crore in revenue last year and is keen on further growth, its leadership wants to be choosy about locations to hedge against rising land costs and project delays.The company, majority-owned by Europe’s Louvre Hotels Group, is increasingly prioritizing tier II and tier III cities where infrastructure-led growth is outpacing the entry of branded players.

₹2980 a share (30 shares make one contract) , implying a range of 49720- 55680 from yesterday through 28 April when the contracts expire.That works out to an 11.3% range over Tuesday's closing. Any breach of this range will expose them to huge losses.The Bank Nifty comprises 14 stocks led by HDFC Bank, ICICI Bank , Axis Bank , SBI and Kotak Mahindra Bank. Ram Sahgal is a deputy editor at Mint.

Mint from hotel chains and hospitality consultancies, at least three companies—including Radisson and Marriott—have already signed up with over a dozen hotels this calendar year, growing on the back of a big domestic tourism boom and a greater demand for branded experiences.Last week, Hyatt signed two new hotels with the Brigade group in Chennai and Bengaluru, while IHG Hotels signed a hotel in Delhi's Nehru Place while ITC Hotels signed a Storii branded hotel in Mukundgarh Fort Hotel in Rajasthan."In 2026 so far, we have already added nine new hotels signed across markets. Our development strategy remains focused on a balanced mix of tier-1, -2, and -3 markets," said Nikhil Sharma, managing director and chief operating officer, South Asia, for the Radisson Hotel Group.That is the appeal of the asset-light model that now dominates much of the branded hotel business.

If there were an upskilling programme in the ‘Art of Confrontation,’ India Inc would benefit more from it than from many of the dime-a-dozen workshops that are held to raise work productivity. A knack for judicious confrontation is rare, as it takes tact to voice dissent without being aggressive in most corporate cultures. One could be labelled as a worthy opponent or team player without knowing which.Effective confrontation at work is an acquired skill, one seen in some startups that make space to openly reject ideas and question the constraints of hierarchy for better outcomes.Workplaces where debates are not fights encourage a ‘multi-hat’ look at strategic plans, to borrow a term from Edward de Bono’s Six Thinking Hats (1985).

Mint.Collectors are increasingly turning to art alongside traditional investments, with a new generation of high-net-worth buyers building major collections alongside established patrons. The buyers include the global South Asian diaspora, which has played a crucial role across markets in North America, Europe, West Asia and Asia.Independent data also point to a sharp expansion in the market.

Like most people, artificial intelligence (AI) is not funny. I check every week. For some time now, I have been asking ChatGPT, and later Claude too, to tell me something funny.

Subscribe to enjoy similar stories. What do personal finances look like for someone worth billions? The Epstein files provide a rare look. The complex finances of former Apollo Global Management Chief Executive Officer Leon Black are laid out in several documents in the Justice Department’s recent releases, down to the exact balances in each of his 69 bank accounts and the details of a $484 million loan backed by his extensive art collection.

Subscribe to enjoy similar stories. It is plainly good news the US has lowered its import duty on Indian goods from 50%, a truly punitive rate, to 18%. A trade deal is expected to be sewn up anytime now.

Subscribe to enjoy similar stories. It was America’s day of giving thanks, and China was having a moment. A giant float with fang-baring toy monsters was trundling through Manhattan for the Macy’s Thanksgiving Day Parade, as crowds of onlookers whipped out their phones to capture the looming 16-foot balloons—Chinese soft-power icons starring in one of America’s biggest cultural events.

Subscribe to enjoy similar stories. india eu fta, emerging market tracker, mint em tracker, padma awards 2026, economic survey 2026, india gdp forecast, union budget 2026, adventure tourism india, industrial production india, iip growth december From India and the EU concluding the ‘mother of all deals’, to India slipping to sixth place on Mint’s emerging market tracker, the 2026 Padma Awards celebrating arts and technical fields, and the Budget losing its market-moving punch—here's this week’s news in numbers. India and the European Union concluded negotiations for a historic free trade agreement (FTA), dubbed the ‘mother of all deals’.

Subscribe to enjoy similar stories. The annual Padma awards list offers a useful peek into India’s evolution from a newly independent nation in the 1950s to a country that, in the 21st century, increasingly celebrates entrepreneurs alongside artistes and cultural icons. Over the decades, however, scientists and doctors who helped drive modern India’s innovation have steadily lost ground, with a shrinking presence among awardees.

Subscribe to enjoy similar stories. Boardrooms would have been better places had their inmates paid more heed to Scott Adams, who passed away on Tuesday at the age of 68. Dilbert—the necktie-wearing, cubicle-bound corporate victim, and Adams’s doppelgänger—was all the rage among executives through the 1990s.

Subscribe to enjoy similar stories. Apple’s board has waived its age cap so two members, including Chair Art Levinson, can stand for re-election. The tech giant’s board said in a Thursday filing it determined it would be in the best interests of Apple and its shareholders to ask Levinson and audit committee chair Ron Sugar to stand for re-election.

₹325 crore, allows Bhansali Productions Pvt. Ltd to retain full intellectual property rights over its films while giving Saregama exclusive music rights to all its future films.Experts see this development paving the way for more institutional funding in Indian cinema at a time when OTT platforms are tightening content spends and global capital is looking for disciplined exposure to Indian storytelling.This model also aligns India closer to global studio-platform economics—separating high-margin IP ownership from high-risk production, and accelerating the sector’s institutional maturity.“For Saregama, the transaction is fundamentally a music play rather than a film bet.

Subscribe to enjoy similar stories. In the late 1990s, Gary Winnick donated millions of dollars to the Los Angeles Zoo and rubbed elbows with President Bill Clinton. He would soon buy the most expensive home in the country.