Author: NNI Editor
JBM Ecolife Mobility Pvt ltd., a subsidiary of JBM Auto Ltd. said it has secured an order for 1,021 electric buses valued at ₹5,500 crore under the Government of India’s PM e-Bus Sewa Scheme-2 initiative. These buses will be deployed in 19 cities in Gujarat, Maharashtra and Haryana. Under this tender, JBM Ecolife Mobility will be responsible for the end-to-end execution. The project will be supported by a Payment Security Mechanism (PSM), ensuring timely payments to electric bus operators and enhancing financial sustainability for industry stakeholders. Nishant Arya, Vice Chairman & Managing Director, JBM Auto, said, “This significant order strengthens our commitment to…
New Delhi’s DLF Emporio Mall, synonymous with top-tier luxury brands, is now home to Swiss watchmaker Franck Muller’s first boutique in northern India, in partnership with Kapoor Watch Company. The brand’s inclination toward quirky aesthetics is visible in its 1,168 square ft boutique that houses some of their most exquisite timepieces: from the bestselling Vanguard to Master Square. Equally striking is the symmetry of watch tower displays in aqua tones suspended from the ceiling. With a firm eye on India’s luxury market, Franck Muller is on an expansion drive. This is the brand’s second exclusive boutique in India after Palladium…
File image. | Photo Credit: Reuters High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday (February 19, 2025). However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on ‘State of the Economy’ published in RBI’s February bulletin. Economic activity momentum is poised to be sustained, strong…
Yuvraj Singh at the new store | Photo Credit: Special Arrangement Former Indian international cricketer Yuvraj Singh is a busy man. From working on his cancer charity YouWeCan to mentoring young kids from his home state, Punjab, besides travelling the world to play golf, he has a lot on his plate. “I am also taking care of my two kids Aura and Orion. It’s a lot of hard work (smiles). I also enjoy doing humanitarian work,” he shares. The all-rounder was recently in Delhi for the inauguration of Swiss watchmaker Franck Muller’s exclusive boutique at DLF Emporio, in partnership with…
The near-term outlook of the global economy is being shaped by trade-related policies of major economies amid slowing pace of disinflation and these policies could stoke inflation, engender tighter financial conditions, and heighten market turbulence, Reserve Bank of India (RBI) officials said in the February edition of RBI Bulletin released on Wednesday. “A strong dollar, driven by U.S. economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities,” they said in the article ‘State of the Economy’. The ‘last mile’ of disinflation may become more challenging in such an environment,…
“Hair wash, massage and eyebrows,” instructs Mary Lee, speaking to her assistant. Immediately, products are plucked off shelves, the air conditioner is turned on and curtains are drawn. Work begins. “They are all my regulars,” she says, pointing inside. “Can’t tell you how long I can talk to you. This is a busy time for me,” she says, but sits down for a conversation much longer than anticipated. Rose Beauty Parlour behind the busy Vannanthurai bus stop in Besant Nagar, has a no-nonsense yet generous personality that it has borrowed from its owner. The single-room parlour partitioned by sliding doors,…
Image for representational purposes only. | Photo Credit: PRASHANT NAKWE President of the Institute of Chartered Accountants of India (ICAI) Charanjot Singh Nanda, in an interaction with journalists on Wednesday said tax audits are among the core expertise of chartered accountants and emphasised about maintaining their forte. This is in context of company secretaries’ body the Institute of Company Secretaries of India (ICSI) recently seeking inclusion of company secretaries into the definition of ‘accountant’ into the proposed new Income Tax Bill, 2025. Mr. Singh apprised the decision on the way forward would be taken by the coordination committee of the…
Adithi Ganeshan | Photo Credit: Special Arrangement For 23-year-old Adithi Ganeshan, inspiration is rooted in heritage and tradition. “It could be a small annapakshi on a suryapalakai, athangudi tiles, or the carvings on the Burma teak pillars in Karaikudi. As much as I have travelled, I have also remained rooted to my culture, and love going back to my ancestral home,” she says. The young jewellery designer and entrepreneur brings together culture and the contemporary in her newly launched brand Thamalli, a bespoke high fine jewellery line that celebrates rare gemstones and craftsmanship. “Many of these rare gemstones from across the world are…
MUMBAI Mahindra Group and Anduril Industries, an American technology company that specialises in autonomous systems, have entered into an alliance for co-developing and co-producing Autonomous Maritime Systems, advanced AI-enabled Counter Unmanned Aerial System (CUAS) technologies and Command and Control (C2) software. The collaboration seeks to strengthen regional security by deploying next-generation autonomous solutions and enhancing capabilities for maritime operations, Mahindra Group said in a statement.“The partnership focuses on developing modular Autonomous Underwater Vehicles (AUVs) that can be rapidly deployed for Security, Surveillance, Survey, and Reconnaissance missions, significantly enhancing underwater operational capabilities,” it said.It also aims to develop advanced Counter-Unmanned Aerial Systems…
Fehroza ’24 flaunts high-grade crystals, pearls and mukaish work, alongside signature mirror and gota detailing | Photo Credit: Special arrangement Just in time for the festive season, shoe brand NEEDLEDUST has renewed its association with designer Abhinav Mishra, expanding the horizons of their collaborative pursuits. An extension of their NEEDLEDUST X Abhinav Mishra collection of footwear and handbags, which began a year ago, their new collection called Fehroza ’24 encapsulates four different edits — Pearls Collection, Crystal Collection, Kaalbeliya, and Mehzabeen — comprising over 40 exclusive designs for both men and women, featuring juttis, mules, heels, wedges and embellished purses.…