Business

Indus Towers Ltd., one of India’s largest telecom infrastructure providers, has strengthened school sanitation infrastructure in Meghalaya by inaugurating girls’ washroom facilities across 11 government schools in Ri-Bhoi district under its flagship CSR initiative Pragati. The facilities were formally inaugurated at Nehru Memorial Higher Secondary School, with Andrew L. Myrthong, BDO of Umsning C&RD Block and in-charge Assistant Commissioner of Ri-Bhoi, attending the ceremony. The event was also live-cast to six other schools where the new facilities have been developed. Addressing the gathering, Myrthong said providing proper sanitation infrastructure in schools is critical for ensuring a safe and comfortable learning environment for students, particularly girls. “Initiatives like...

Global energy markets were jolted on March 12, 2026, as Brent crude oil prices surged past the $100-per-barrel mark following a dramatic escalation in the Iran-Israel conflict. This significant price spike, a nearly 9% increase in a single day, was triggered by intensified Iranian attacks on commercial vessels and critical energy infrastructure around the Strait of Hormuz and the Persian Gulf. With nearly 20% of the world’s oil supply normally transiting through these narrow waterways, the systematic targeting of tankers—including a Thai-flagged carrier and vessels in Iraq’s port of Basra—has effectively paralyzed regional shipping traffic. Market analysts warn that these disruptions are fueling "stagflation" fears, as the soaring cost of energy threatens to derail global economic recover...

M.P. Ahammad, Chairman of Malabar Group, was conferred the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026 for his leadership in transforming the global jewellery retail industry and contributing to society. The award was presented at a ceremony held at the iconic Gateway of India in Mumbai. The event brought together policymakers, industry leaders and prominent personalities from business and entertainment. Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde were present at the event along with Lokmat Chairman Vijay Darda, ministers, bureaucrats and other distinguished guests. Presented by the Lokmat Media Group, the awards recognise individuals whose leadership and achievements have made a significant impact acro...

The rise of social-selling platforms is opening new entrepreneurial avenues across India, with stories like that of Meghalaya’s Nidaiohi Biam highlighting the growing appeal of flexible, network-driven business models. Hailing from a remote village in Meghalaya, Biam grew up in a large family with four sisters and five brothers under economically challenging circumstances. Determined to pursue education while supporting her household, she began working early in life and contributed to her family’s income while still attending school. Her first professional role came as a helper in an IT shop in Jowai, where she gained initial work experience. Looking to broaden her exposure, she stepped outside her hometown to acquire new skills and perspectives. However, recognising the importance of ...

Blenders Pride Packaged Drinking Water has unveiled its latest campaign titled ‘The One And Only’, reinforcing its positioning in India’s aspirational consumer market by highlighting success defined by distinction, confidence and individuality. Announced on March 2, 2026, the campaign emphasises that in today’s crowded landscape of visible achievements, true success lies in standing apart and commanding admiration. The brand’s new narrative aims to connect with a generation of young consumers who seek recognition as well as influence and style. The campaign features three protagonists; Avanti Nagrath, Kirandeep Chahal and Mahieka Sharma each representing a unique facet of the brand’s personality. Avanti reflects fearless confidence and charisma, Kirandeep represents magnetic presenc...

Global energy markets were thrown into a state of high alarm today as crude oil prices surged by more than 7.5%, driven by intensifying fears that the ongoing conflict in West Asia could lead to a total closure of the Strait of Hormuz. Brent crude, the international benchmark, spiked toward the $80-a-barrel mark after reports surfaced suggesting that military escalations between the U.S., Israel, and Iran have reached a critical tipping point. The Strait of Hormuz is widely considered the world's most important oil transit chokepoint, with approximately 21 million barrels of oil—roughly 20% of global daily consumption—passing through its narrow waters. Any disruption to this route, which connects Middle Eastern producers to key markets in Asia, Europe, and North America, would trigger a s...

For doctors, nurses and thousands of patients who walk through its doors each year, the latest recognition for Medanta – The Medicity is more than just a ranking. The hospital, operated by Global Health Limited, has been named India’s No. 1 hospital in Newsweek’s prestigious World’s Best Hospitals 2026 list, compiled in partnership with Statista Inc.. The achievement marks the seventh consecutive year Medanta has featured among the world’s leading hospitals. The 2026 rankings evaluated over 2,500 hospitals across 32 countries, including India, the United States, the United Kingdom, Germany, Japan, Singapore, Australia and Canada. The assessment drew on recommendations from thousands of medical experts, patient experience data, hospital quality metrics and a Patient-Reported Outcome Mea...

Oriflame India has moved to consolidate its position in the premium beauty segment by appointing Karishma Tanna as the face of its NovAge+ advanced skincare range and Supreme Tribute Ezzénza fragrance, reflecting a broader industry shift toward science-backed, high-value personal care products. The NovAge+ portfolio, developed at Oriflame’s Skin Research Institute in Sweden, is built on patented technologies including Bio Aspartolift (collagen and elastin support), Oripeptide-3 (fine line reduction), Bio Lumilock (pigmentation management), and Bio Re:Barrier (moisture barrier strengthening). Clinical testing indicates visible improvements in smoothness, radiance and firmness within two weeks, reinforcing its premium positioning. Structured as a four-step regimen—cleanse, eye care, boos...

The Indian stock market is currently witnessing a fascinating masterclass in conviction as the portfolios of the late Rakesh Jhunjhunwala (now managed by Rekha Jhunjhunwala) and veteran investor Radhakishan Damani face a significant turbulence. Despite two of their high-profile holdings crashing by more than 55% from their peak values, these "Big Bulls" have notably refused to dump their shares, sparking intense curiosity among retail investors. Typically, a drop of over 50% triggers a panic sell-off for the average trader, but the steadfastness of India's most successful investment families suggests a deeper, long-term strategic play. Market data reveals that while stocks like Concord Biotech and BF Utilities have faced severe price erosion due to sector-specific headwinds and high opera...

Seagram’s Royal Stag has formally launched the fourth edition of Royal Stag BoomBox – The Original Sound of Generation Large – with a high-impact opening at Aquatica Ground in Kolkata on February 21, marking the beginning of its four-city national rollout. The initiative reflects a structured brand leadership strategy centered on immersive, youth-driven engagement under its ‘Living It Large’ philosophy. The Kolkata edition drew thousands of attendees, with the venue redesigned into a multi-sensory platform featuring vibrant installations, curated food experiences and interactive gaming zones. The evening commenced with a live gaming face-off led by Payal Dhare, reinforcing the event’s integration of digital culture with live entertainment. DJ Sahil Gulati set the tone with an energetic...