Author: NNI Editor
In the last eight trading days, the BSE benchmark tanked 2,644.6 points or 3.36%, and the Nifty slumped 810 points or 3.41%. File | Photo Credit: PTI Benchmark indices Sensex and Nifty declined in early trade on Monday (February 17, 2025) as persistent foreign fund outflows from the Indian equity markets and slowdown in corporate earnings continued to hurt investors’ sentiment.The 30-share BSE benchmark Sensex dropped 297.8 points to 75,641.41 in opening trade. The NSE Nifty declined 119.35 points to 22,809.90.Later, both the benchmark indices fell further. The BSE bellwether gauge traded 476.70 points lower at 75,470.18, while the Nifty…
A sari from the Garland collection Sanjay Garg is no stranger to Koyambedu flower market. It is a place he frequents during his visits to Chennai. He loves flowers, jasmine being his favourite. Little wonder that his store in Chennai — that he launched in 2022 — is called Malligai. The inspirationAnd now, the Koyambedu flower market is the inspiration for his Raw Mango Festive 2024 collection titled Garland. “I like to pick my own flowers,” says the designer, who spent the morning buying flowers from the market for his show. He then wandered around the “mandi” at 6 am,…
IL&FS Group said its companies have initiated an interim distribution of ₹5,000 crore – including ₹3,500 crore of Infrastructure Investment Trust (InvIT) units and ₹1,500 crore in cash – to eligible creditors as part of the (scam hit) group’s ongoing resolution efforts.The interim distribution is largely being initiated by three holding companies namely Infrastructure Leasing and Financial Services (IL&FS) Ltd, IL&FS Financial Services Ltd (IFIN), and IL&FS Transportation Networks Ltd (ITNL) which collectively hold majority of the group’s debt.The InvIT units have been issued by Roadstar Infra Investment Trust that has six underlying road assets which include MBEL, SBHL, PSRDCL,…
Neesha Amrish with the stole that is now available at the Van Gogh Museum shop | Photo Credit: RAVINDRAN R The Van Gogh Museum shop in Amsterdam is awash with colours synonymous with the painter’s works. The shelves and nooks are brimming with collectibles, clothes, toys, ceramics and a plethora of artefacts primarily in teal and yellow. And if you look closer, among them you will find stoles with a name from India — Aeshaane by Neesha Amrish. The Chennai-based designer, who launched her label in 2008, recently created a line of Ahimsa silk stoles for the museum. “Two years…
Anurag Mehrotra will drive overall strategic growth initiatives and strengthen the company’s four brand pillars: diversity, experience, innovation, and community, the automaker said in a statement. File | Photo Credit: Bijoy Ghosh JSW MG Motor India on Monday (February 17, 2025) said it has appointed Anurag Mehrotra as the Managing Director of the company.Mr. Mehrotra has three decades of professional experience and has held key leadership roles in the automotive sector’s sales, marketing, strategy, and business development.His previous roles include Vice President of Strategy & International Business at Tata Motors Commercial Vehicles and President & Managing Director at Ford India.“Anurag’s diverse…
A collection by Divya Seth | Photo Credit: Special arrangement A paean to the heritage textile crafts of India, the 13th edition of Nayaab — a retrospective that will make its way to Chennai on October 3 — puts the spotlight on dyeing, printing and weaving techniques like shibori, bandhini, jamdani and kalamkaari. This time, the two-day exhibit brings 23 brands to the Welcomhotel By ITC, Cathedral Road. “We have always kept the exhibit small and intimate while focussing on natural fabrics; that remains our priority this year too. However, there are new additions, like an installation at the exhibition,”…
IT services company Infosys on Wednesday (February 19, 2025) said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, Chief Human Resources Officer at Infosys, however, conceded that assessment failure percentages this time around have been “slightly higher” than in the past but dismissed charges that the tests had been designed for failure. On whether the layoffs would severely dent Infosys’ brand as the company goes out to campuses for FY26…
Manish Malhotra poses against the backdrop of Harrods in London | Photo Credit: Special arrangement India’s fashion industry has officially joined the 175th anniversary celebration of London’s luxury departmental store Harrods, with a special showcase of a fashion edit by couturier Manish Malhotra. As the first Indian fashion designer to have teamed up with Harrods, Manish has crafted a line of limited-edition garments that fuse India’s design grammar with the West’s style vocabulary. Titled World Collection, the edit reinterprets India’s textile crafts in contemporary context. “A little over a year ago, Harrods reached out to me with a vision to…
The 30-share BSE benchmark Sensex dipped 28.21 points or 0.04% to settle at 75,939.18. Intra-day, it hit a high of 76,338.58 and a low of 75,581.38, gyrating 757.2 points. | Photo Credit: PTI Benchmark indices Sensex and Nifty ended marginally lower in a volatile trade on Wednesday dragged by blue-chip IT stocks. The 30-share BSE benchmark Sensex dipped 28.21 points or 0.04% to settle at 75,939.18. Intra-day, it hit a high of 76,338.58 and a low of 75,581.38, gyrating 757.2 points. The NSE Nifty skidded 12.40 points or 0.05% to 22,932.90. From the Sensex pack, Tata Consultancy Services and Infosys…
Ask any millennial about the time they spent on Tinkle comics. Just the mention of Shikari Shambu, Kalia the crow, Suppandi, and Tantri The Mantri evokes nostalgia, transporting us to our childhoodand the tradition continues with every generation. The Mumbai-based weekly magazine has now teamed up with Mumbai-based online clothing brand A47.in for a merchandise collection that features three of the most famous beloved Tinkle characters. The designs showcase Suppandi, a village simpleton created by Ram Waeerkar in 1983, who turned 41 this year; Shikari Shambu, the reluctant hero who would rather spend his time relaxing on his hammock than…