Category Archives: Business

Valentine’s Day Special : Love, Served Warm With Saz

Feb 10 : This Valentine’s Day, Saz invites you to celebrate love in its purest form—through food that comforts, excites, and lingers long after the last bite.

Rooted in indulgence yet crafted with intention, Saz’s Valentine’s Day special menu is a reflection of love languages expressed on the plate. From bold, playful flavours to soft, familiar comforts, each dish is designed to be shared—or not—because love doesn’t always follow rules.

Whether it’s a Midnight Filo Affair, Roman Pillow Talk, or Chocolate Between the Sheets, the menu leans into pleasure, nostalgia, and unapologetic indulgence—because when food is made with feeling, it becomes more than a meal. It becomes a moment.

At Saz, love is layered, messy, warm, and deeply satisfying. And this Valentine’s Day, that’s exactly how it’s served.

Where: Saz, BKC

Date: 10th – 15th February

Sattva Group Expands National Footprint with 8 Mn Sq Ft Urban Redevelopment in Mumbai

Mumbai, Feb 10:  Sattva Group, one of India’s long-standing real estate developers, today announced its formal entry into the Mumbai Metropolitan Region (MMR) with six residential and commercial redevelopment projects spanning over 8 million sq ft of construction area. The projects, awarded through competitive evaluations, are located in Parel (Sewri), Prabhadevi, Goregaon East, Vile Parle West, Powai and the Bandra Kurla Complex (BKC) vicinity.

With these six projects, Sattva Group expects to deliver more than 2500 rehabilitation homes and over 2000 newly built residences. Construction across the portfolio will begin in 2026 and continue in phases until 2032, with the first project likely to be delivered by 2028. The total Gross Development Value (GDV) across the projects is estimated at approximately ₹11,000 crore.

The company’s entry comes at a time when Mumbai is undergoing an extensive cycle of structural renewal, with more than 16,000 ageing buildings requiring redevelopment to meet modern safety, planning and sustainability standards. Upcoming refinements to Development Control and Promotion Regulation (DCPR) 2034 are expected to further support redevelopment viability across Slum Rehabilitation Authority (SRA), Maharashtra Housing and Area Development Authority (MHADA) and society-led models, creating strong demand for technically capable and financially disciplined developers.

Sattva’s Mumbai portfolio has been shaped through a rigorous multi-parameter evaluation framework encompassing regulatory clarity, engineering feasibility, environmental responsibility, lifecycle asset performance and stakeholder engagement. Over the past year, the Group has built deep on-ground intelligence across key redevelopment micro-markets, enabling precise project phasing, design efficiency and an execution strategy aligned with local regulatory dynamics.

Speaking on the new development, Bijay Agarwal, Managing Director, Sattva Group, said,

“Mumbai is entering a defining phase of urban renewal, driven by the need to replace ageing structures with safer, well-planned, future-ready housing. Redevelopment requires clarity, discipline and long-term commitment, values central to Sattva’s growth over the past three decades. Our entry into Mumbai is a strategic extension of our legacy of delivering large, technically complex projects on time and with consistency. We look forward to contributing meaningfully to the city’s next decade of growth.”

In line with its redevelopment philosophy, Sattva Group’s Mumbai projects adopt a structured, rehabilitation-led approach centred on safety, transparency and long-term sustainability. Existing residents will receive upgraded amenities, enhanced safety systems and structured transition support, overseen by dedicated engagement teams across the redevelopment lifecycle.

Anchored in engineering-led design and governance-driven project management, the Group’s entry into Mumbai reflects a disciplined approach to complex urban redevelopment, with a focus on execution certainty and long-term asset integrity, supporting the renewal of ageing housing stock and Mumbai’s evolution into a safer, more resilient and future-ready city.

Databricks Reaches Record Revenue Run-Rate, Secures Major Funding to Accelerate AI and Lakebase

Feb 10:  Databricks, the Data and AI company, today announced it crossed a $5.4 billion revenue run-rate, delivering >65% year-over-year growth during its 4. Building on this momentum, Databricks is completing investments in the company in excess of $7 billion, including ~$5B of equity financing at a $134 billion valuation and ~$2B of additional debt capacity. With this new funding, the company will accelerate Lakebase, its serverless Postgres database built for AI agents, and Genie, its conversational AI assistant that lets any employee chat with their data.

This financing drew strong participation from both new and returning investors. JPMorgan Chase expanded its investment in the company through its Security and Resiliency Initiative’s newly formed Strategic Investment Group. In addition to previously disclosed participants in the Series L round, the additional close also included Glade Brook Capital, Growth Equity at Goldman Sachs Alternatives, Microsoft, Morgan Stanley, funds affiliated with Neuberger, Qatar Investment Authority (QIA), funds associated with UBS, and others. The credit facilities were led by JPMorgan Chase Bank, N.A., alongside Barclays, Citi, Goldman Sachs, and Morgan Stanley, with participation from other leading financial institutions and alternative asset managers.

Financial momentum

This investment follows continued strong momentum across Databricks’ business in Q4:

• Surpassing a $5.4 billion revenue run-rate, growing >65% year-over-year.
• Delivering positive free cash flow over the last 12 months.
• Crossing a $1.4 billion revenue run rate for its AI products.
• Sustaining a net retention rate of>140%.
• >800 customers consuming at over $1 million annual revenue run-rate.
• >70 customers consuming at over $10 million annual revenue run-rate.

“We’re seeing overwhelming investor interest in our next chapter as we go after two new markets,” said Ali Ghodsi, co-founder and CEO of Databricks. “With this new capital, we’ll double down on Lakebase so developers can create operational databases built for AI agents. At the same time, we’re investing in Genie to let every employee chat with their data, driving accurate and actionable insights.”

“Databricks is a generational company that has become a backbone for enterprise data and AI, helping organizations across critical sectors seize opportunities and overcome challenges,” said Todd Combs, Head of the Strategic Investment Group for JPMorganChase’s Security and Resiliency Initiative. “This initial investment reflects the strength of Databricks’ secure platform and continues to support their innovative, production‑scale applications that serve customers around the world.”

Building the future of Data + AI

The company will use the funding to advance Lakebase, a serverless Postgres database built for the age of AI that helps customers build data and AI applications faster on a unified platform. Databricks will also scale investments in Genie, its conversational AI assistant, expanding natural‑language capabilities that make data and AI accessible to every corner of the business. The company also expects to use the funds to advance AI research, pursue strategic acquisitions, and provide employee liquidity.

 5 Brands Powering the Growth of India’s Pharma Industry

As India’s pharmaceutical sector continues its rapid evolution—driven by digital transformation, regulatory complexity, global expansion, and a heightened focus on data integrity—technology-led enablers are playing a pivotal role in shaping its future. From strengthening cybersecurity and compliance frameworks to enabling smarter operations and secure digital ecosystems, a new class of brands is quietly yet decisively accelerating the industry’s growth. Here are five standout brands actively helping pump momentum into India’s pharma landscape.

1. Quick Heal Technologies
Quick Heal Technologies Ltd. is a global cybersecurity solutions provider focused on simplifying IT security management across devices and platforms. With nearly three decades of R&D in computer and network security, the company offers cloud-based and machine learning–enabled solutions that proactively stop threats before they strike, while optimising system resource usage. Its indigenously developed security products—including Quick Heal Antivirus Solutions and Scan Engine—serve consumers, SMBs, enterprises, and government organisations.

2. Barracuda Networks
Barracuda is a leading global cybersecurity company delivering comprehensive protection against complex threats for businesses of all sizes. Its AI-powered BarracudaONE platform secures email, data, applications, and networks through innovative solutions, managed XDR, and a centralized dashboard. Trusted by hundreds of thousands of IT professionals worldwide, Barracuda offers powerful, easy-to-deploy cybersecurity solutions that strengthen overall cyber resilience.

3. InstiFI
InstiFI is a licensed payment aggregator enabling secure and seamless digital payments across India. Its offerings include card payments, UPI, net banking, and virtual accounts—designed to serve businesses and underserved markets with a reliable digital payment infrastructure. As the only Goa-based company authorised by the RBI, InstiFI represents a significant milestone for the state’s digital economy while reinforcing its national presence as a trusted “Gateway of Trust.”

4. Onix
Onix is a trusted cloud solutions provider and a premier Google Cloud partner, helping organisations—particularly within the pharmaceutical ecosystem—accelerate cloud transformation. Leveraging AI-powered, IP-backed solutions and deep technical expertise, Onix enables enterprises to modernise operations, unlock data value, and drive outcome-led growth. Its 20+ year strategic partnership with Google Cloud and strong focus on customer success empower businesses to scale securely and confidently.

5. Infobip
Infobip is a global cloud communications platform that helps businesses create connected customer experiences across the entire journey. Through a single platform, it offers omnichannel engagement, identity and authentication, and contact center solutions. With the capability to reach over seven billion devices across six continents and more than 9,700 connections—including 800+ direct operator links—Infobip enables scalable, reliable, and secure communications worldwide.

Fall in Love with Smarter Living This Valentine’s Day, with Haier

Valentine’s Day is a celebration of love, togetherness, and the thoughtful moments that make everyday living special. It’s a time when couples and families come together to create warmer, more comfortable homes that reflect care, connection, and modern lifestyles.

To mark the season of love, Haier is rolling out exclusive Valentine’s Day offers across its range of innovative and design-led home appliances this February—making smart home upgrades more accessible, meaningful, and rewarding.

From advanced refrigerators and washing machines to sleek LED TVs, air conditioners, microwave ovens, and robot vacuum cleaners, Haier’s appliances seamlessly blend cutting-edge technology with premium aesthetics. Designed to enhance comfort, convenience, and efficiency, they are perfectly suited for modern Indian homes.

As part of the Valentine’s Day celebrations, Haier introduces a Zero Down Payment offer, enabling consumers to bring home their favourite Haier appliances instantly—without any upfront cost.

Customers can also benefit from flexible payment plans of up to 18 months, EMIs starting at just INR 994, and instant cashback of up to 25%, making it easier than ever to invest in smarter living for the ones you love.

Haier Valentine’s Day Offers Include:

• Up to 25% instant cashback on select purchases

• EMIs starting at INR 994, making premium appliances more affordable

• Flexible EMI tenures up to 18 months for added convenience

• Zero Down Payment, allowing hassle-free upgrades

This Valentine’s Day, celebrate love with Haier’s smart home solutions, attractive offers, and flexible payment options—because the most meaningful gifts are the ones that make everyday life better.

Sky Gold and Diamonds Posts 77 Percent YoY Revenue Growth in Q3 FY26

Mumbai, Feb 10:  Sky Gold and Diamonds Limited, today announced its Q3FY26 results for the quarter ended December 31, 2025. The company has continued a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia.

Q3 FY26 and 9M FY26 Financial Highlights (Consolidated)

 Commenting on the results, Mr. Mangesh Chauhan, Managing Director, Sky Gold and Diamonds Limited, said:

 “Our Q3 FY26 performance reflects the strength of our execution-led growth strategy, with consolidated revenue rising about 76% year-on-year and 19% sequentially, supported by sustained demand across domestic and export markets. Despite elevated gold prices and periodic volatility, the preference for lightweight, design-led jewellery has remained resilient, particularly with increasing adoption of 9kt and diamond studded jewellery formats among Gen Z consumers. It is further fueled by an increase in the advanced gold jewellery business and adding new marque customers in the Indian and Middle east market. Improved scale, deeper B2B partnerships and a growing international footprint have translated into strong operating leverage, with EBITDA more than doubling year-on-year and margins expanding to 7.34%.”

“Profitability continues to track ahead of revenue growth, with PAT increasing over 120% year-on-year, reflecting disciplined cost management and a higher share of value-added manufacturing. Looking ahead, while gold prices may remain range-bound in the near term, the medium-term outlook remains favourable, supported by structural demand drivers and the ongoing shift towards organised manufacturing. As we move into the final quarter of the year, our focus remains on strengthening execution, enhancing margins and scaling our global presence in a calibrated manner, supported by a healthy order pipeline and improving export traction.”

Operational Performance & Growth Drivers

Sky Gold and Diamonds continues to deliver industry-leading performance, consistently outpacing organized jewellery manufacturers across key operational and financial parameters. Backed by a structurally efficient cost model and disciplined capital deployment, the company remains focused on driving sustainable margin expansion while advancing its global growth agenda.

Key highlights for Q3 FY26 include:

• New Appointments- Appointment of Mr. Virupakshi Kolla as a Non-Executive Independent Director and Mr. Siddharth Sipani as Chief Financial Officer (CFO)
• Inauguration of Dubai Office– Dubai office inaugurated in presence of industry veterans
• Strategic Acquisition-M/s Starmangalsutra Private Limited (WOS) executed a partnership agreement to acquire 51 % partnership interest in Shri Rishabh Gold.
• Launch of 24 carat JewelleryCollection- Created history at the GJS exhibition by launching India’s first ever 24 carat diamond jewellery.

Flipkart Deepens Leadership Bench Across Finance And People Functions

Bengaluru, Feb 10: The Flipkart Group today announced two senior leadership appointments, further strengthening its finance and people capabilities as the company continues to deepen institutional leadership across critical functions. Vipin Kapooria has rejoined Flipkart as Vice President, Business Finance, and Yogita Shanbhag has been appointed Vice President, Human Resources. These appointments build on recent senior leadership additions and reflect Flipkart’s sustained focus on leadership depth, operational rigor, and long-term organisational capability.

As Vice President, Business Finance, Vipin Kapooria will lead business finance across all categories at Flipkart, partnering closely with business teams to drive financial discipline, operational excellence, and sustainable growth. Vipin brings deep institutional knowledge and extensive experience in business finance and strategic leadership. A Chartered Accountant with over 19 years of experience, Vipin has also held senior leadership positions at organisations including OYO, Yum! Brands, and most recently, Blinkit, where he served as Chief Financial Officer.

In her role as Vice President, Human Resources, Yogita Shanbhag will lead the Human Resources function for the OneTech Business Unit, critical to Flipkart’s technology foundation and innovation focus. A seasoned leader with over 20 years of experience at Juniper Networks and Wipro, Yogita most recently scaled Juniper’s India operations into its largest global excellence center. She brings specialized expertise in talent strategy, organizational design, and AI-driven engagement. At Flipkart, she will focus on building organizational resilience and fostering cultural alignment to support the brand’s evolving technology foundation.

Seema Nair, Chief Human Resources Officer, Flipkart, said,

“Building a strong organisation requires sustained focus on leadership, robust systems, and culture. Vipin and Yogita bring the depth of experience that further bolsters our financial and people foundation, ensuring we have the organizational capability to deliver on our long-term growth strategy. Their appointments, alongside the senior leadership additions we have made in recent months, reflect our continued efforts to strengthen organisational capabilities in a way that supports our business ambitions and drives sustained growth across all our operations.”

Vipin Kapooria, Vice President, Business Finance, Flipkart Group, said,

“It is great to return to Flipkart at a time when the company is scaling its businesses by institutionalising strong financial discipline, operational rigor, and a foundation for long-term growth. I look forward to working closely with leadership teams to support growth priorities, strengthen business partnerships, and drive sustainable financial performance.”

Yogita Shanbhag, Vice President, Human Resources, Flipkart Group, said,

“As organisations scale, building strong leadership, culture, and people systems becomes increasingly important. I am pleased to join Flipkart with a focus on strengthening these foundations, and look forward to working with teams to drive people practices that support execution, collaboration, and compliance for sustained success.”

Less, but Better: How Intentional Lighting Is Redefining Modern Homes

The Rise of Intentional Design: Why Homes Are Choosing Fewer, Better Lights

Jaipur : Indian interiors are becoming more deliberate. As design sensibilities evolve, there is a clear shift away from excess toward intention. Lighting, once used liberally to fill spaces, is now being edited with care. Homeowners and designers are choosing fewer fixtures, placed with precision and purpose.

This change reflects a broader transformation in how homes are conceived. Interiors are no longer designed for immediate visual impact alone. They are designed for longevity, comfort, and everyday living.

From More to Meaningful

For years, decorative lighting followed a predictable formula. Multiple fixtures were added to ensure brightness and symmetry, often without questioning their necessity. Today, that approach feels outdated.

Designers are now asking sharper questions. Does this light serve a function? Does it enhance the space? Does it deserve attention? The result is a more thoughtful visual language, where every element contributes to the overall experience of a room.

Intentional lighting does not reject decoration. It refines it. A single chandelier above a dining table or a sculptural pendant in a living area now carries more weight than several smaller fixtures competing for attention.

Why Restraint Feels Luxurious

Modern luxury is increasingly defined by restraint. When a space is not crowded with lighting, the quality of each piece becomes more apparent. Materials, finishes, and proportions are allowed to speak.

“Homeowners today are far more conscious about the choices they make,” says Naman Jain, Founder of Lumeil.
“They are not interested in filling a room with lights. They want each fixture to have a reason to exist. When you choose fewer lights, you automatically choose better ones.”

This approach also creates calmer interiors. Reduced visual noise allows light to be experienced more subtly. Spaces feel composed rather than overstated.

Lighting as a Spatial Anchor

In intentionally designed homes, lighting often becomes a defining element. A single, well placed fixture can establish hierarchy, guide furniture placement, and create a natural focal point.

This is particularly relevant in contemporary Indian homes with open layouts. Instead of using multiple lights to separate zones, designers rely on one or two strong fixtures to create distinction. A dining area, lounge space, or reading corner can be defined through lighting alone.

At Lumeil, this philosophy is reflected in the emphasis on statement pieces that are visually grounded yet versatile. Fixtures are curated to anchor spaces, not overwhelm them.

Planning with Purpose

Another reason behind this shift is the changing design process itself. Lighting decisions are being made earlier, often alongside architectural planning and furniture layouts.

“When lighting is considered from the start, it shapes the entire home,” Jain explains.
“It influences ceiling details, electrical planning, and even circulation. That naturally leads to more intentional choices and fewer unnecessary fixtures.”

This mindset also aligns with how homeowners are investing today. Rather than distributing budgets across many lights, they are choosing to invest in select pieces that offer longevity and design value.

Design That Endures

Perhaps the most compelling aspect of intentional lighting is its ability to age well. Trend driven fixtures tend to feel dated quickly. Thoughtfully chosen lighting, grounded in proportion and placement, remains relevant over time.

As Indian homes continue to mature, the move toward fewer, better lights signals a deeper understanding of design. Lighting is no longer about visibility alone. It is about atmosphere, clarity, and balance.

In this quieter approach, every fixture matters. And in doing so, it proves that the most enduring luxury is not excess, but intention.

Victorinox Sharpens Focus on Serious Swiss Watchmaking in India for 2026

For over 140 years, Victorinox has stood as a global symbol of preparedness, precision and Swiss ingenuity—trusted through its iconic Swiss Army Knife™, watches and travel gear. In 2026, the brand marks a decisive evolution in India, elevating its watch business from a functional accessory to a position of true horological authority.

This transformation is not cosmetic. It is rooted in deep manufacturing expertise, uncompromising engineering and a bold portfolio that firmly establishes Victorinox as a serious Swiss watchmaker in the Indian market. At the centre of this evolution lies Delémont, Switzerland—the heart of Victorinox’s watchmaking excellence.

Built in Delémont: Where Credibility Is Crafted

Since 2016, Victorinox has consolidated every aspect of watchmaking at its 17,800-square-metre Watch Competence Centre in Delémont, located in the Swiss Jura—horology’s spiritual home. Sustainability is integral to the facility, with 2,750 square metres of solar panels generating 500,000 kWh of clean energy annually, combining Swiss heritage with future-ready responsibility.

More than 200 Swiss specialists design, prototype, manufacture, assemble and rigorously test every Victorinox timepiece entirely in-house. From bezels and cases to movement integration and final assembly, quality is owned—not outsourced. Each watch undergoes a meticulous, multi-stage process that can take up to two years, exceeding statutory Swiss-Made standards. For Indian consumers, this means every Victorinox watch is not merely Swiss-made, but Swiss-crafted, Swiss-controlled and Swiss-tested.

Declaring Watchmaking Intent in India

As part of its 2026 India roadmap, Victorinox introduces the campaign “Spend Your Time Wisely”, reinforcing its transition from a reliable timekeeper to a brand defined by horological excellence.

Under the leadership of Debraj Sengupta, Managing Director – Sales & Marketing, and Avirup Mukhopadhyay, Head of Marketing, Victorinox is positioning watches as the emotional and technical core of its future in India. With over 30 years in the watch industry and 15 years at Victorinox India, Sengupta brings deep category credibility, while Mukhopadhyay’s FMCG-driven perspective introduces a disruptive, consumer-centric approach. Together, they aim to redefine the Swiss watch conversation in India.

The 2026 Watch Portfolio: Precision Meets Ambition

Victorinox’s 2026 portfolio showcases Swiss engineering at its finest:

• Air Pro GMT Automatic – Designed for globally mobile professionals, tracking up to three time zones with refined GMT functionality.

• Concept One – Available in automatic and solar-powered variants, offering up to 68 hours of power reserve and 8 months of autonomy without light.

• Dive Pro Collection – ISO 6425-certified professional dive watches with 300-metre water resistance, anti-magnetic protection and extreme durability.

• Square One – A bold square case with automatic movement, introducing a confident, contemporary design language.

A Tribute to India

Recognising India’s love for colour, individuality and confidence, Victorinox introduces renewed editions of two iconic collections:

• Maverick – Reimagined with bolder aesthetics for leaders who set their own path.

• I.N.O.X. Elegant – Legendary toughness meets refined sophistication with interchangeable straps and elevated design.

Together, these collections celebrate India’s dual spirit—resilience and elegance.

As Victorinox steps into 2026, its journey in India is no longer just about heritage. It is about horological legitimacy. From Delémont’s engineering floors to India’s wrists, every Victorinox watch carries a promise of Swiss precision, tested beyond standards and built to be trusted for life.

Tata Motors Launches Tamil Nadu Facility, Rolls Out First Locally Made Range Rover Evoque

Tata Motors Passenger Vehicles’ new manufacturing facility in Tamil Nadu begins operations with the local manufacture of JLR’s Range Rover Evoque as the first vehicle

Bengaluru, Feb 09: Tata Motors Passenger Vehicles Ltd. (TMPV), India’s leading manufacturer of cars and SUVs and its subsidiary Jaguar Land Rover Automotive Plc. (JLR), today announced the commencement of operations at their new manufacturing facility at Panapakkam in the Ranipet district of Tamil Nadu. The current facility reflects the first phase of development of a greenfield plant for producing next‑generation vehicles, including EVs, for both TMPV and JLR brands. The first vehicle to roll out of the plant is the locally manufactured Range Rover Evoque from JLR, a model celebrated globally for its modern luxury and exceptional craftsmanship.

The facility was formally inaugurated by the Hon’ble Chief Minister of Tamil Nadu, Thiru M.K. Stalin, and Mr. N. Chandrasekaran, Chairman, Tata Sons & Tata Motors Passenger Vehicles, in the presence of eminent Ministers, public representatives, senior bureaucrats, government officials, and senior leaders from TMPV, JLR, and the Tata Group.

Inaugurating the Tata Motors Passenger Vehicles – JLR facility, Thiru M.K. Stalin, Chief Minister of Tamil Nadu, said,

 “Tata Group has long played a pivotal role in nation building and shares a deep, historic partnership with Tamil Nadu. With the commencement of operations at this new manufacturing facility and the rollout of the first Range Rover Evoque in Panapakkam, Ranipet, the state is proud to witness the expansion of world‑class automotive manufacturing. Tamil Nadu welcomes this significant milestone and remains committed to supporting industries that create jobs, drive innovation, and reinforce our position as India’s leading hub for manufacturing and mobility.”

Speaking on the occasion, Mr. N. Chandrasekaran, Chairman, Tata Sons & Tata Motors Passenger Vehicles Ltd, said,

“The inauguration of our Panapakkam facility marks a significant milestone in the Tata Group’s journey to accelerate India’s leadership in sustainable and future‑ready manufacturing. We are also proud to deepen our long-standing partnership with Tamil Nadu, a state that continues to drive industrial excellence, innovation, and inclusive growth. With this facility, we look forward to producing vehicles of exceptional quality, craftsmanship, and technology for customers in India and around the world.”