New Delhi, 1st July: Window Magic, one of India’s leading providers of luxury uPVC and aluminium fenestration solutions, today announced the opening of ‘Window Magic Atelier’, India’s first-of-its-kind luxury fenestration experience centre, located at the prime South Delhi location. This also marks the launch of WM AURA, Window Magic’s ultra-luxury fenestration range, developed in strategic collaboration with one of Europe’s most renowned pioneers in advanced…
Sensex, Nifty End Higher on FMCG, Banking Boost
Mumbai, July 1: Indian equity benchmarks ended the trading session in positive territory, supported by strong buying interest in FMCG, banking, and realty stocks, which helped lift overall market sentiment. The Sensex and Nifty closed higher as investors remained upbeat amid sectoral strength and selective stock-specific momentum. FMCG stocks led the gains, followed by banking and realty counters, which witnessed steady accumulation throughout the session.…
Capital raising becomes more demanding for private equity fund managers
July 01: Raising capital has become more demanding for private equity fund managers, with increased due diligence requirements and regulatory uncertainty now the biggest barriers in the market, new research* from Ocorian, a leading U.S. and global asset services provider, shows. The study of 300 senior executives at private equity fund managers across the U.S. and Europe, whose firms manage a combined $3.511 trillion…
Increase Allocation to Private Markets to Capture Growth Opportunities, say UK Wealth Managers and IFAs
July 01: New research by Wealth Club, the UK’s leading non-advised investment service for high-net-worth individuals, reveals wealth managers and independent financial advisers increasingly agree that exposure to private markets is now a necessity for retail and HNW investors seeking to capture a broader spectrum of growth opportunities – and this trend will only accelerate over the next five years. An overwhelming 94% of the…
Manufacturing Growth Continues, PMI at 54.2 in June
New Delhi, July 1: India’s manufacturing sector continued its steady expansion in June, with the Purchasing Managers’ Index (PMI) recorded at 54.2, indicating sustained growth in factory activity and overall business conditions. A PMI reading above 50 reflects expansion, and the latest data suggests that manufacturing output remained strong, supported by healthy demand, rising production levels, and consistent inflow of new orders. The growth momentum…
Mahindra Registers 37pc Rise in June Auto Sales
Mumbai, July 1: Mahindra & Mahindra (M&M) reported a strong performance in June, registering a 37% year-on-year growth in total vehicle sales to 1,06,207 units, driven by robust demand across its passenger and commercial vehicle segments. The company continued its growth momentum on the back of sustained customer demand, a strong product portfolio, and improved market performance. The increase in sales reflects positive consumer sentiment…
Covestro plans to invest in new world-scale MDI train in China and starts UAE feasibility study
July 1: Covestro today announced a strategic MDI investment program to reinforce its global leadership position and strengthen long-term supply security for customers worldwide. The program includes preparations for a new MDI production train with 660 kilotonnes annual capacity at the Covestro Integrated Site Shanghai in China, with start-up targeted for the end of the decade. In addition, Covestro is conducting a feasibility study for a plant of similar scale in the United Arab Emirates. Both initiatives reflect Covestro‘s long-term growth ambitions in the global MDI market. The…
Gartner Says Dollar 234 Billion in Enterprise Application Software Spend Is at Risk from Agentic AI
Stamford, Conn., July 01: Agentic AI is set to disrupt enterprise software revenue models, with up to $234 billion of enterprise application spending exposed to agentic arbitrage between now and 2030, according to Gartner, Inc, a business and technology insights company. By 2030, this will account for roughly 20% of enterprise application software-as-a-service (SaaS) spending. Agentic arbitrage happens when AI agents complete tasks across multiple systems, reducing the need for users to interact with multiple traditional software interfaces. “Agentic AI changes the economics of software,” said George Brocklehurst, Managing Vice President…
Adani Green Surpasses 20 GW Operational Capacity
Ahmedabad, July 1: Adani Green Energy has become the first renewable energy company in India to cross 20 GW of operational capacity, marking a major milestone in the country’s clean energy sector. The achievement strengthens the company’s position as a leading player in India’s renewable energy transition, spanning large-scale solar and wind energy projects across multiple states. The company’s expanded operational base reflects steady capacity…
Kicky & Perky Unveils Luna Rae A Celestial Interpretation of Modern Femininity
Inspired by moonlit skies, celestial symbolism, and the quiet beauty of feminine expression, Kicky & Perky introduces Luna Rae — a collection that transforms cosmic inspiration into contemporary silver jewellery. Designed around the idea of softness as strength, Luna Rae explores a more emotional and poetic form of adornment through celestial motifs, luminous stones, and refined silhouettes. The collection reflects a modern femininity that feels…