Apr 21: Strengthening its operational leadership as it expands across the Eastern Himalayan region, Summit Hotels & Resorts has appointed Deepak Bothra as Corporate General Manager. With close to three decades of experience in hospitality, Deepak Bothra brings deep expertise across hotel operations, pre-opening projects, quality control, and revenue management. Over the years, he has worked with leading international and regional brands, holding senior leadership roles and contributing to the successful launch and turnaround of multiple…
From Craft to Brand: How a New Generation of Entrepreneurs Can Redefine India’s Handmade Carpet Industry
Apr 21(BNP): India’s handmade carpet industry one of the oldest and most culturally rich sectors in the world is entering a transformative phase as it seeks to evolve from a manufacturing powerhouse into a global branding leader. Long recognized for its craftsmanship and heritage, the industry is now focusing on capturing greater value by building strong, globally recognized Indian brands. For centuries, Indian artisans have…
New Study Warns Law Firms Face an Existential Crisis in Talent Development as AI Replaces the Apprenticeship Model
Apr 21: The traditional foundations of legal training are being dismantled by automation, leaving the industry’s elite firms facing a radical ‘capabilities gap’ in their future talent pipeline. This is according to a new study from leadership consultancy firm The Positive Group, which highlights how the rapid adoption of GenAI is transforming the centuries-old apprenticeship model that underpins how trainee lawyers develop legal judgement, expertise and…
Airbnb Data Shows How Indian Travellers Are Turning to Asia This Summer
Apr 21: This summer, Indian travellers are choosing Asia. Powered by a generation raised on Korean dramas, Japanese aesthetics and Asian street food culture, destinations across Asia feel both familiar and exciting and travel interest is reflecting that. Travellers are exploring destinations that offer a compelling mix of cultural discovery, strong connectivity and convenient travel times, making Asia an appealing choice for summer getaways. According…
Rethinking Driver Training Critical to Reducing India’s Road Fatalities: Primus Partners Thought Leadership
Mumbai, Apr 21: Primus Partners has released its latest thought leadership report, Rethinking Driver Training: A Road to Safer Traffic, calling for urgent reforms in India’s driver training and licensing ecosystem to address the country’s persistent road safety crisis. The report highlights that despite stronger laws, enforcement measures, and infrastructure improvements, road accidents and fatalities continue to rise, pointing to deeper behavioural and systemic gaps. It identifies driver preparedness as a critical missing link, noting that a large proportion of drivers enter the system without formal training and receive little…
Phu Quoc set to become a major Asia Pacific aviation hub with scalable, fully automated passenger processing
GENEVA – 21 April 2026 — Phu Quoc International Airport is set to become a next-generation, fully self-service aviation hub ahead of the Asia-Pacific Economic Cooperation (APEC) 2027 Forum. Sun Group, one of Vietnam’s largest private conglomerates, has partnered with SITA to lead this transformation. To support Vietnam’s rapidly growing air travel demand, the parties have also signed a Memorandum of Understanding establishing a framework for broader collaboration…
Private markets ‘retailisation’ to drive semi-liquid fund assets past $3 trillion by 2030, Carne Group study reveals
Apr 21: New research* from Carne Group (Carne), Europe’s largest third-party management company (ManCo), reveals that both wealth managers and private markets fund managers expect assets under management (AUM) held in semi-liquid vehicles to exceed $3 trillion by 2030. The semi-liquid market has already demonstrated explosive momentum, with AUM nearly tripling between 2020 and 2024 to approximately $349 billion**. Nearly eight out of 10 (78%)…
GKB Opticals Expands Delhi Presence with Two New Lifestyle-Focused Stores in Moti Nagar and Greenpark
New Delhi, Apr 21(BNP) Strengthening its footprint in National Capital region, GKB has innaugrated two new retail Stores in Motinagar, and Greenpark marking another step in the expansion strategy of the brand. With a legacy spanning over six decades, the luxury eyewear retailer, GKB is now moving towards its target of crossing 100 stores across India by mid-2026. The newly launched stores introduce GKB’s ‘lifestyle-first’ retail…
Foreign Investment May Strengthen Credit Profiles of Indian Financial Firms: Fitch Ratings
New Delhi, Apr 21 (BNP): Fitch Ratings has said that higher foreign ownership in Indian financial institutions can be credit-positive, as it may bring long-term capital support and help improve governance standards in certain cases. However, the global rating agency cautioned that foreign investment alone is not a reliable indicator of stronger credit fundamentals. It noted that the quality of investment matters more than ownership…
RAKEZ spotlights practical pathways to building scalable businesses through structured operations
Entrepreneurs and industry experts during the RAKEZ community event at Compass Coworking Centre. Ras Al Khaimah, Apr 21: Ras Al Khaimah Economic Zone (RAKEZ) recently hosted a focused session to explore one of the most common challenges faced by growing businesses, the over-reliance on founders and the need for structured systems to support sustainable growth. The event, titled “From Chaos to Control: How…