Inside ABD’s plan to build a luxury alcobev house for India’s rapidly premiumising customer| Business News

In March 2025, Allied Blenders & Distillers, the largest Indian-owned alcobev firm, moved its premium brands to a new luxury subsidiary, ABD Maestro. It invested ₹70 crore for an 80 percent stake, with actor Ranveer Singh owning the balance. Bikram Basu, managing director at ABD Maestro Pvt. Ltd. (Handout) Maestro’s portfolio includes owned brands such […]

ICICI Prudential AMC IPO opens today for listing as India’s second largest mutual fund| Business News

The $1.2-billion ICICI Prudential AMC IPO is set to open for subscription today, paving the way for a listing that can make it the country’s second-most valuable mutual fund. Nimesh Shah, MD & CEO of ICICI Prudential AMC, during a press conference in Mumbai. (ANI) On offer in the ICICI Prudential AMC IPO are up […]

GCCs power India’s innovation push, poised to touch $105 billion by 2030

India has become a leading hub for Global Capability Centres (GCCs), with major clusters in Bengaluru, Hyderabad, Pune, Chennai, Mumbai, and the National Capital Region. The sector is projected to reach $105 billion by 2030, supported by nearly 2,400 centres employing over 2.8 million professionals, a government note has said. India has become a leading […]

A India-US trade deal, not Fed rate cut, matters more for India’s stock market, rupee| Business News

India’s stock markets are trading mixed after the US Federal Reserve delivered a third straight interest-rate cut, as investors tracked cues on progress of a India-US trade deal that’s been a WIP for months. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) On Thursday, the 30-share BSE Sensex opened 0.17% higher only […]

India’s ‘ghost malls’ hold ₹357-crore rental potential, says Knight Frank report

Nearly one-fifth of India’s shopping centres have slipped into ‘ghost mall’ status, but reviving even a small portion of this dormant stock could unlock ₹357 crore in annual rentals, according to Knight Frank India’s retail study, Think India, Think Retail 2025 – Value Capture: Unlocking Potential. Nearly one-fifth of India’s malls are now ‘ghost malls’, […]

India’s quick-commerce bubble may be close to bursting, Blinkit CEO warns| Business News

India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit, part of Deepinder Goyal-led Eternal Ltd. that also includes Zomato, is yet unprofitable, despite its cash pile, as it keeps investing to enter new markets. (Reuters) The quick-commerce model, which […]

View | First Air India, now IndiGo — India’s aviation crisis is all about ‘too big to tame’

India’s latest aviation fiasco—about 3,000 flights cancelled since last week—has exposed the ill effects of leaving two-thirds of a fast-growing market in the hands of a single player and allowing it to become not just too big to fail, but also too big to tame. A passenger waits outside the IndiGo Airlines kiosk at the […]

How India’s largest airline unraveled in quest for higher profit| Business News

On the evening of 2 December 2025, just three days before India’s largest airline would lose control of its operations, IndiGo executives noticed that a technology glitch that was delaying late-night check-ins—a small failure that would soon cascade into one of the worst aviation disruptions in the country’s history. Passengers inquire at an IndiGo airlines […]