Category Archives: Business

Meet the Viral Cleansing Upgrade Your Skincare Routine Needed: Earth Rhythm’s NEW Mochi Pudding Cleansers

~Skincare-first cleansers with a unique mochi pudding texture for brighter-looking skin and stronger skin barriers~

June 18: Cleansing is no longer just the first step in a skincare routine; it’s becoming a ritual in its own right. Earth Rhythm from the House of Nykaa introduces the NEW Mochi Pudding Cleanser Range, a skincare-first cleansers that bring together effective cleansing, targeted treatment benefits, and a delightfully soft, bouncy texture that transforms everyday skincare into a moment to look forward to.

The unique mochi pudding texture glides onto the skin, creating a sensorial cleansing experience that feels comforting, indulgent and effortlessly enjoyable. Designed for modern skincare users seeking more from their face wash, the range goes beyond cleansing to address everyday concerns such as dullness, sensitivity and barrier damage, all while helping maintain the skin’s natural moisture balance.

With thoughtfully selected ingredients and targeted solutions, the Mochi Pudding Cleanser Range delivers skincare benefits from the very first step of your routine, leaving skin feeling clean, comfortable and cared for after every wash.

A Cleanser That Does More

Unlike traditional face washes that simply cleanse, the Mochi Pudding Cleanser Range is designed as a skincare-first cleansing experience. Each variant pairs gentle cleansing with targeted treatment benefits, helping support healthier-looking skin without compromising comfort.

Brightening Mochi Pudding Cleanser With Matcha & Glutathione | INR 599

Think fresh, radiant, lit-from-within skin. Infused with antioxidant-rich Matcha and brightening Glutathione, this variant helps fight dullness and environmental stress while supporting a more even-looking complexion. Perfect for skin that’s looking tired, uneven, or lacking glow.

Gentle Mochi Pudding Cleanser With Oat Milk & Ceramides | INR 599

For skin that needs comfort more than anything else. Powered by soothing Oat Milk and barrier-strengthening Ceramides, this cleanser helps calm irritation, support the skin barrier, and lock in moisture, making it especially ideal for dry and sensitive skin types.

At the heart of this new product launch lies its standout texture. Soft, springy and pudding-like, the Mochi Pudding Cleansers turn a functional skincare step into a sensorial ritual, bringing together performance and pleasure in one simple cleanse.

Speaking on the launch, Adwaita Nayar, Co-Founder & Executive Director of Nykaa and CEO, House of Nykaa, said, “As consumers become increasingly discerning about their skincare routines, we’re seeing a growing expectation for products that deliver efficacy while elevating the overall experience. Cleansing, once viewed as a purely functional step, is evolving into an important part of the skincare ritual. The Mochi Pudding Cleanser Range reflects that shift, bringing together targeted skincare benefits, gentle yet effective cleansing, and a unique sensorial texture that consumers will genuinely enjoy using every day. At Earth Rhythm, our focus is on creating thoughtful, performance-led innovations that respond to evolving consumer needs while making skincare feel more intuitive, enjoyable, and rewarding.”

The Mochi Pudding Cleanser Range reflects Earth Rhythm’s commitment to creating skincare that goes beyond functionality, combining targeted treatment benefits with textures and experiences that make everyday routines more enjoyable.

Upgrade your cleansing routine with the Earth Rhythm Mochi Pudding Cleanser Range, now available on the Nykaa app, Nykaa.com, and Earth Rhythm’s official website.

Concord Control Systems Honoured with Excellence in Railway Technology Award at ET Now Business Conclave & Awards 2026

Ahmedabad, June 18: Concord Control Systems Limited, India’s leading manufacturer of embedded electronic systems and critical electronic solutions, was honoured with the Excellence in Railway Technology Award, presented by Shri. Rushikesh Ganeshbhai Patel, Minister Energy and Petrochemicals, Panchayat and Rural Housing, Legislative and Parliamentary Affairs at the ET Now Business Conclave & Awards 2026 in Ahmedabad, Gujarat.

The award was received by Mr. Nitin Jain, Joint Managing Director, Concord Control Systems Limited, on behalf of the company and recognizes Concord‘s contribution towards developing technology-driven solutions that enhance the safety, reliability and operational efficiency of railway systems.

As Indian Railways continues its transformation into a more connected, efficient and future-ready network, technology has emerged as a critical enabler of this evolution. Through its focus on indigenous innovation, advanced engineering and mission-critical railway solutions, Concord has played an active role in supporting this transition by developing intelligent systems designed to address the growing demands of modern railway operations.

Commenting on the recognition, Mr. Nitin Jain, Joint Managing Director, Concord Control Systems Limited, said, “This award is a proud moment for the entire Concord family. It reflects the hard work and dedication of every team member. It also gives us confidence that we are growing and moving in the right direction. We see this recognition not just as an achievement, but as a responsibility to keep innovating and set higher standards for safety and reliability. This recognition reinforces our belief that Indian companies can develop world-class railway technologies and contribute meaningfully to the future of mobility. We view this award not just as a milestone achieved, but as a responsibility to continue innovating and raising the bar for the industry.”

“Concord has worked on innovative solutions such as battery and hydrogen-powered locomotives using indigenous technology. Our aim is to make railways greener, more sustainable, and less dependent on diesel. We focus on developing world-class railway technologies in India, for India. By embedding intelligence, resilience and uncompromising safety into every product, Indian engineering is poised to transform mobility—making networks smarter, greener and more reliable.

Receiving this award is a proud validation of our team’s dedication and innovation, and it strengthens our resolve to lead the next era of rail technology with world-class solutions and partnerships.” states, Gaurav Lath, Joint Managing Director of Concord Control Systems Limited.

Report Says India Effectively Managing Global Energy Shock

New Delhi, June 18: India has successfully navigated the challenges posed by the recent global energy shock, according to a new report that highlights the country’s resilience amid volatile international fuel prices and supply disruptions.

The report notes that despite significant fluctuations in global energy markets, India has managed to maintain stability in energy availability and pricing through a combination of strategic policy interventions, diversified import sources, and accelerated investment in domestic energy infrastructure.

It further highlights that India’s proactive approach to energy security, including the expansion of renewable energy capacity and improved efficiency in fuel consumption, has helped cushion the economy from external shocks.

Experts cited in the report emphasize that India’s balanced energy strategy—combining traditional fuel sources with rapid clean energy adoption—has played a key role in ensuring uninterrupted supply and economic stability.

The findings underline India’s growing capability to manage external economic pressures while continuing to support industrial growth, urban demand, and long-term sustainability goals.

The report concludes that India’s experience offers a model for resilience in an increasingly uncertain global energy landscape.

Wood Mackenzie: Orbital Data Centres Cost Three Times More Than Terrestrial Alternatives as Global Power Demand Heads for 3,700 TWh

LONDON/HOUSTON/SINGAPORE, June 18: The next generation of AI agents could consume between 10,000 and 40,000 times more computing power per task than today’s chatbots. That pressure is pushing some of the world’s largest technology companies to consider putting their data centres in space. A new report from Wood Mackenzie finds they face a significant cost problem to get there.

Global data centre power demand stands at 460 TWh in 2026, equivalent to half of Japan’s total power generation. Wood Mackenzie forecasts that figure will reach 1,280 TWh by 2030 and 3,700 TWh by 2040, a 703% increase from current levels, growing at 16% per year. The United States and China together account for 78% of the global planned data centre pipeline.

On the ground, that pipeline is running into real constraints. Grid connections in the United States can take up to seven years. Gas turbine equipment faces long wait times through 2030. In dry regions, cooling systems are competing for limited water supplies. Construction costs are rising from higher labour and material costs. These bottlenecks, Wood Mackenzie concludes, are driving serious exploration of orbital data centres.

The economics are not yet close.

A hypothetical 1 GW orbital data centre would cost an estimated US$170 billion, more than three times the equivalent terrestrial facility, with launch and satellite costs accounting for approximately 60% of that total. To bring orbital costs to parity with terrestrial alternatives would require a 70% reduction. That is achievable, the report notes, only if the historical trend of exponential cost declines in space launch continues.

There is reason to think it might. Global orbital launch attempts reached 324 in 2025, a 25% increase over 2024, with commercial operators conducting 70% of those attempts. Launch costs have already fallen approximately 90% with current-generation reusable rockets compared to their expendable predecessors. A record 4,517 satellites were deployed into orbit in 2025, 58% more than the previous year, with 87% owned by private entities.

SpaceX and xAI have announced ambitious plans to put 100 GW of orbital computing capacity into space annually, a figure ten times the combined announced pipeline of every other orbital data centre developer in the world. Non-US companies account for less than 0.5 GW of total planned orbital capacity, reflecting how concentrated this emerging sector is among US-based firms. Despite the higher costs, launch activities across the top five companies are expected to begin accelerating between 2027 and 2028.

Space launch costs have seen exponential cost declines of over 90%

Source: Wood Mackenzie

Spending on terrestrial capacity has not slowed in the meantime. Anthropic recently committed US$ 45 billion over three years to SpaceX for access to its 300 MW Colossus 1 terrestrial data centre, deploying 220,000 Nvidia GPUs. Wood Mackenzie forecasts US$ 9 trillion in cumulative capital expenditure between 2026 and 2040 to build approximately 395 GW of new terrestrial data centre capacity under its base case.

“The constraints on terrestrial data centres are genuine, and they are not going away quickly,” said Robert Liew, Research Director at Wood Mackenzie. “But putting a data centre in orbit still costs at least three times as much as building one on the ground. That gap does not close without sustained and dramatic progress on launch costs. We forecast US$ 9 trillion of terrestrial data centre investment between now and 2040. That is where capital goes first. Orbital data centres are a serious long-term proposition, but right now they remain a bet on the cost curve.”

Wood Mackenzie’s base case energy transition outlook does not include large-scale orbital data centres. No gigawatt-scale orbital or terrestrial facility currently exists. The report concludes that terrestrial build-out will be driven by necessity, while orbital data centres remain, for now, a technology preference.

Power Demand in India Expected to Rise Up to 7 pc in FY27

New Delhi, June 18: India’s electricity demand is projected to grow by up to 7% in the financial year 2026–27, supported by robust economic activity, industrial expansion, and rising household consumption, according to a recent industry report.

The anticipated growth reflects increasing energy requirements across manufacturing, infrastructure development, and the services sector, alongside continued urbanization and electrification trends across the country.

The report highlights that sustained economic momentum, coupled with rising adoption of electric appliances, digital infrastructure, and mobility electrification, is expected to further drive power consumption in the coming years.

Experts note that India’s power sector is undergoing a structural transformation, with growing emphasis on renewable energy integration, grid modernization, and capacity expansion to meet future demand efficiently and sustainably.

The projected demand growth underscores the need for continued investment in generation, transmission, and distribution infrastructure to ensure reliable and affordable electricity supply for all consumer segments.

Industry observers believe that managing this demand surge while maintaining sustainability goals will be a key priority for policymakers and energy providers in the years ahead.

Sensex, Nifty Advance on Strong Buying in PSU Banks and Healthcare Shares

Mumbai, June 18: India’s benchmark equity indices closed higher on the back of robust buying in public sector banking, healthcare, and realty stocks, reflecting continued investor confidence in key sectors of the economy.

The BSE Sensex and NSE Nifty ended the session in positive territory, supported by broad-based gains across several sectors. Public sector banks emerged as major contributors to the rally, while healthcare and real estate stocks also witnessed strong investor interest.

Market participants remained encouraged by sector-specific growth prospects, resilient domestic economic indicators, and expectations of sustained corporate earnings performance. The positive momentum helped offset cautious sentiment stemming from mixed global market trends.

Analysts noted that buying activity in banking stocks reflected optimism around credit growth and financial sector stability, while healthcare shares benefited from favorable industry fundamentals. Realty stocks also gained ground amid expectations of continued demand and infrastructure-led growth.

The day’s performance underscores the resilience of India’s equity markets, with investors continuing to focus on sectors that are expected to benefit from economic expansion and policy support.

Market observers will continue to monitor domestic macroeconomic developments, corporate earnings, and global economic trends for further direction in the coming sessions.

The Spring Startup Surge: March overtakes January as Britain’s Most Popular Month to Start a Business, New Data Reveals

June 18: New analysis of more than 29,000 virtual office and registered address subscriptions has revealed that Britain experiences an annual spring startup surge. March has now overtaken January as the most popular month to start a business. The research was undertaken by Hoxton Mix, a virtual office and registered address solutions provider based in London. 

March generated 2,908 signups, making it the busiest month of the year consecutively, compared to December, the lowest performing month, with just 1,879 signups. In total, March has 55% more registered subscribers than the year’s quietest month. This suggests that founders are bucking the “New Year, New Me” trend, choosing not to launch their businesses immediately after the festive period. Instead, they’re spending the first few months planning and validating ideas before officially launching in the Spring months. 

Following behind March (2,908 signups), May is the second most popular month with 2,738 subscriptions and April is third with 2,678 in total. Launching in spring lets founders make the most of the new tax year starting in April, providing a natural milestone for founders who have invested in financial planning and efficiency. Finally, March, April and May often bring improved market conditions due to consumer purchase activity and better trading conditions before the peak summer months. 

Here are the most popular months to start a business in the UK: 

Chris Sees, Hoxton Mix’ CEO comments: 

“Many people assume that January is likely the most popular month to start a business because it’s tied to New Year’s resolutions and a fresh career start. However, Hoxton Mix virtual office and registered address data suggests otherwise. Instead, entrepreneurs are typically spending the first few months of the year planning and preparing, then by March  those plans convert into business launches creating a clear spring startup surge across the UK. The strong performance of March, April and May suggests founders feel more confident launching when the New Year is underway, at the start of the new tax year and when market conditions are picking up.” 

Knowledge-led sectors dominate virtual office and registered address demand, with Information and Communication and Professional Services combining for 17,180 signups, equating to almost 60% of all signups recorded. Specifically, Information and Communication is the UK’s largest startup sector, generating 8,965 signups. This is almost 9% more than Professional, Scientific & Technical businesses (8,215).

March emerged as the UK’s most popular month overall for starting a business, however, the data reveals significant differences across sectors. Information, communication and professional services businesses are most likely to launch in early spring (March), whilst construction and administrative businesses were most likely to launch later in May, and real estate companies in August. 

While there is no single “perfect time” to launch a business, Hoxton Mix’s insights reveal clear patterns in how today’s entrepreneurs approach virtual offices and registered addresses, highlighting broader trends in company formation and business creation. Britain’s entrepreneurial spirit remains strong and spring has become the season when many founders choose to turn their plans into reality.

NSE Flags Regulatory, Technology and AI Risks Ahead of IPO in DRHP

Mumbai, June 18: The National Stock Exchange of India (NSE) has outlined a range of regulatory, technological, and operational risks in its Draft Red Herring Prospectus (DRHP) filed in connection with its proposed initial public offering (IPO).

According to the filing, the exchange faces potential challenges arising from evolving regulatory frameworks, technological disruptions, cybersecurity threats, and the increasing adoption of artificial intelligence across financial markets. These factors could affect operational resilience, compliance requirements, and long-term business performance.

The DRHP also notes that fluctuations in trading volumes and overall market activity remain significant business risks. A sustained decline in trading participation across cash and derivatives segments could impact transaction-based revenues and profitability.

Additionally, the exchange highlighted the need for continuous investments in technology infrastructure to maintain market integrity, system reliability, and data security amid a rapidly evolving financial ecosystem.

The disclosures form part of standard risk-factor reporting designed to provide prospective investors with a comprehensive understanding of the challenges and uncertainties that could influence the exchange’s future performance following its planned public listing.

The proposed IPO is expected to be closely watched by market participants, given NSE’s position as one of the world’s largest exchanges by trading activity and its critical role in India’s capital markets infrastructure.

Amazon MX Player’s Made in India: A Titan Story Celebrated Nationwide, Earns Historic Recognition from India’s Department of Posts

Mumbai, June 18: Within just a few days of its launch on Amazon MX Player, Made in India: A Titan Story has emerged as one of the most talked-about Indian series of the year. This six-episode period drama that played out in 1984 as JRD Tata and Xerxes Desai took on a challenge to create India’s first homegrown watch, has earned widespread acclaim from viewers, critics, journalists, entrepreneurs, and industry leaders alike, for its moving portrayal of an inspiring Indian story of resilience, innovation and the enduring legacy of enterprise that continue to shape modern India. 

Memorable performances by National Award-winning actor Naseeruddin Shah as JRD Tata, and the talented Jim Sarbh as Xerxes Desai, with a stellar ensemble including Vaibhav Tatwawadi, Lakshvir Saran and Namita Dubey, have shaped the core of what has made the story stand out and resonate with audiences across industries and society.

Now, in a rare and first-of-its-kind recognition in the streaming industry, the Department of Posts of India, has recognized the show with an exclusive Made In India: A Titan Story envelope (cover) and a postcard. This follows iconic brand Amul’s poster acknowledged the series’ impact on the country, with a tagline that reads, ‘Made in India: A Bitin’ Story’.

This compelling/relatable narrative, authentic performances, and touching recreation of an era that transformed Indian enterprise, further reinforces Amazon MX Player’s commitment to bringing high-quality premium storytelling that is available for audiences across India to stream for free – be it via mobile devices, Connected TVs, the Amazon shopping app, Prime Video, Fire TV, JioTV, or Airtel Xstream. 

When Amogh Dusad, Director and Head of Content, Amazon MX Player, who has been the brain behind audience favorites like Ashram, Bhay, and Rise & Fall, felt that this story sat at a rare intersection of bold storytelling and the mood of a nation. “Narratives that reflect India’s ambition of building, proving and making a mark on the world stage make for deeply relatable storytelling. Made in India – a titan story is one special celebration of the ‘Make in India’ spirit of ingenuity and audacity, and seeing millions of viewers connect with it is hugely gratifying.”

Based on the book, ‘TITAN: Inside India‘s Most Successful Consumer Brand’ by Vinay Kamath, directed by Robbie Grewal and written by Karan Vyas, the series has drawn praise from acclaimed filmmakers Aanand L Rai, Hansal Mehta, Nikhil Advani and Ashwiny Iyer Tiwari, actor Gajraj Rao, and several prominent voices from the worlds of business, media, and films. Viewers are describing the show as inspiring, engrossing, and one that evokes a sense of deep Indian pride and spirit, ranking it among the finest Indian series of the year — a claim that is also reflected in its IMDb rating of 8.8/10. The show has clocked 4.5 million views within first five days of its launch (as per Ormax reports).

Jim Sarbh expressed his gratitude, stating, “Xerxes’s journey is one of courage, ambition, and persistence, and seeing audiences embrace the series with such enthusiasm has been incredibly gratifying. It’s especially rewarding to see the conversations around Titan’s origins and the people behind its success continue to grow.”

Naseeruddin Shah, reflecting on the overwhelming response, added, “The response to Made in India– A Titan Story has been very heartening. What makes it especially meaningful is seeing audiences connect not just with the story itself, but with the values J.R.D. Tata embodied, his vision, his faith in people, and his ability to nurture ideas that were far ahead of their time.” 

Director Robbie Grewal said, “When we began this journey, we knew we were telling a story that deserved to be remembered. The love coming in from audiences, critics, and industry leaders within days of the launch has been truly overwhelming. It is immensely rewarding to see the story resonate with so many people across generations.”

To mark the overwhelming response for the series, Made in India: A Titan Story recently also lit up Mumbai’s iconic Worli Sea Link with a special OOH activation, transforming the landmark into a powerful tribute to Indian innovation and enterprise.

Amazon MX Player’s Titan follows the success of Prime Video’s local slate — Matka King, Raakh, Subedaar and System in what is proving to be a standout year for Amazon’s entertainment offering. Global originals Off Campus and Boys have pierced the zeitgeist with fandoms deep within India’s pin codes.

BRICS Meet on MSME Ecosystem to Focus on Innovation and Global Growth