Category Archives: Business

From Heritage Textiles to AR Storytelling: Kausalyam 2026 Has It All

Hyderabad, July 14, 2026: The Crafts Council of Telangana (CCT), a voluntary non-profit organization established in 1987 inaugurated today—Kausalyam 2026 —-aimed at celebrating India’s rich craft traditions, promotion artisan livelihoods, and supporting craft communities facing adversity. It was inaugurated by the committee members of Crafts Council of Telangana.

Being held at Anvaya Convention, Financial District, Hyderabad, it formally kicked off today evening for the select visitors. Entry to the public is open from tomorrow 10am to 7pm and the entry is free.

Among the wellknown personalities who visited today include Mrs. Geetha Reddy, Wife of Chief Minister Shri Revanth Reddy; Mrs Nara Bhuvaneshwari, Wife of Chief Minister of Nara Chandrababu Naidu, CM of AP and Mr. Surekha, wife of Megastar Chiranjeevi among others.

Adding a cultural dimension to the experience are unique presentations such as Sita Anveshana, a Telugu-English leather puppetry performance, and Virata Parvam, an innovative Cheriyal Scroll storytelling experience enhanced through Augmented Reality. With participation from leading textile revivalists, artisan collectives, craft enterprises, and renowned handmade brands from across India, Kausalyam 2026 will serve as a unique platform celebrating craftsmanship, creativity, sustainability, and cultural exchange.

For nearly four decades, CCT has been dedicated to preserving, promoting, and revitalizing traditional crafts and handmade practices while creating sustainable livelihood opportunities for artisans through exhibitions, cultural programs, artisan development initiatives, and public engagement activities.

Organized once every five years in collaboration with renowned textile revivalist Gaurang Shah, Kausalyam 2026 is a special fundraising initiative that brings together India’s finest textile traditions, handcrafted products, and artisan enterprises under one roof.

The event seeks to strengthen awareness and appreciation for handmade traditions while supporting artisan livelihoods and preserving India’s rich craft heritage for future generations.

The proceeds from Kausalyam 2026 will support the revival and upliftment of the Bharoon Embroidery Cluster and other initiatives

Kausalyam 2026 serves as a vibrant platform for artisans, textile studios, craft entrepreneurs, designers, collectors, and cultural enthusiasts, showcasing the diversity, creativity, and sustainability inherent in handmade traditions.

Kausalyam 2026 promises to be a vibrant celebration of India’s rich textile and craft heritage, bringing together more than 75 textile studios and craft exhibitors and over 120 stalls showcasing exceptional handcrafted products and artisan collections from across the country. Visitors will have the opportunity to explore 40+ curated handcrafted collections, alongside the Museum of Textiles, a specially curated showcase highlighting the artistry, history, and evolution of textile traditions. The event also features Conversations with Craftpreneurs, offering engaging interactions with artisans, designers, and creative entrepreneurs who are shaping the future of handmade crafts.

The Bharoon Embroidery Cluster represents a rare and intricate embroidery tradition rooted in the Sindhi craft heritage. Known for its dense hand embroidery, vibrant motifs, and exceptional craftsmanship, the art form is sustained largely by women artisans. The revival initiative seeks to preserve this endangered craft tradition while creating sustainable livelihood opportunities for artisan families

Hon’ble Union Minister of Textiles Inaugurates Bharat Tex 2026; India’s Largest Global Textile Event Opens with Record International Participation

FPT and ITALYURE: Power and Design at the Service of Nautical Excellence

July 14: FPT, Iveco Group’s brand dedicated to the design, production and sale of propulsion systems and solutions for on-road and off-road, marine, and power generation applications, is bolstering its collaboration with Italyure Yachts, the young, dynamic, and highly successful shipyard based in Torre Annunziata (Campania, Italy) to which the Brand supplies the engines for its yachts through AS Labruna, one of the main brand marine engine distributors for Southern Italy. Since 2021, 26 FPT-powered Italyure Yachts boats have been produced so far, corresponding to 52 engines.

 In the recreational segment, FPT is experiencing exponential growth in interest and customers, thanks to the particular characteristics of its marine engines: reliability, efficiency, torque density, and high power-to-weight ratio.

The Brand has been operating in the marine propulsion market since 1965, offering a full range of class-leading engines with displacements from 3 to 15.9 liters, and power outputs ranging from 85 to 1000 hp, while the specific yacht lineup ranges from 230 to 1000 hp. Every day in Italy, two new boats powered by FPT marine engines are launched. The presence of over 200 service points in the Mediterranean area is a strong guarantee of prompt response in the event of issues, ensuring continuous support.

Founded in 2020, Italyure Yachts has established itself in the luxury walk-around yacht manufacturing and sales sector in just a few years. Its modern production facility, located within the “Condominio Marina di Torre Annunziata” shipbuilding complex, spans 126,000 square meters, 30,000 of which are covered, and features an internal private technical dock of 10,000 square meters, equipped for hauling and launching operations of boats up to 200 tons. Here, Italyure Yachts manages all production phases in-house, from design to final outfitting.

 

These Italian-made yachts, born from the perfect combination of artisanal know-how, engineering vision, technical innovation, and contemporary design, have become the preferred choice of charter companies taking tourists to admire the Gulf of Naples and the Amalfi Coast. For this specific mission that includes long journeys, requiring smooth and safe navigation, even in the most demanding conditions, and up to 1,500 hours of use between April and October, Italyure Yachts opted for two FPT N60 engines representing the most competitive, durable, reliable, and suitable solutions for charter yachts, and the ideal configurations for this type of vessel.

On June the 8th, FPT and AS Labruna were among the selected guest of “Italyure day”, an event that took place at Praiano a Mare (Italy) and involved charter companies, as well as customers and potential customers of Italyure. Representatives of Italyure, FPT and AS Labruna gave speeches, emphasizing the importance of their partnership in the recreational and charter sectors.

India and Maldives Advance Talks on Free Trade Agreement to Strengthen Trade Ties

New Delhi, July 14: India and the Maldives have made progress towards establishing a Free Trade Agreement (FTA) aimed at expanding bilateral trade and strengthening economic cooperation between the two countries.

The proposed agreement is expected to create new opportunities for businesses, improve market access, and encourage greater exchange of goods and services between India and the Maldives.

Officials from both sides are working towards addressing key areas of trade cooperation, with the focus on building a stronger and more balanced economic partnership.

The FTA is likely to benefit industries, exporters, and consumers by promoting smoother trade flows and enhancing business opportunities.

The development reflects the growing importance of India-Maldives economic relations and the shared commitment of both nations to deepen cooperation across various sectors.

India’s Services Sector Gains Momentum as 14 Segments See Double-Digit Growth

New Delhi, July 14: As many as 14 out of 19 services sub-sectors have recorded double-digit growth, reflecting the strong performance and expanding contribution of the services sector to India’s economy.

According to the latest data shared by the Centre, several key segments within the services industry have witnessed significant growth, supported by rising demand, increased digital adoption, and improved business activity.

The strong performance across multiple sub-sectors highlights the resilience of India’s services ecosystem and its growing role in driving economic expansion and employment generation.

Officials said continued growth in areas such as technology, professional services, trade, and other service-related activities is strengthening India’s position as a major global services hub.

The government added that ongoing reforms, digital initiatives, and policy support are expected to further boost the services sector and create new opportunities for businesses and workers.

Spinny and Sachin Tendulkar bring the God Promise to Andhra Pradesh and Telangana

Hyderabad, 14th July: Spinny has extended its acclaimed “God Promise” campaign featuring Sachin Tendulkar to Andhra Pradesh and Telangana, strengthening its presence in one of India’s most significant markets for organised used-car transactions.

Launching in Telugu with an original soundtrack composed by singer-composer Kasyap, the campaign has been thoughtfully adapted for audiences across the region. Rolling out across television, transit and out-of-home media, it brings local cultural nuances to the forefront while reinforcing Spinny’s commitment to making car selling simpler, fairer and more transparent through SellRight by Spinny.

At the heart of the campaign is the phrase “God Promise”—a familiar expression of honesty and sincerity across Indian households. Spinny reimagines this everyday promise as its commitment to trust, transparency and reliability, brought to life by Sachin Tendulkar, whose enduring reputation for integrity reflects the values at the core of the brand.

Hyderabad has been one of Spinny’s defining markets since its inception and continues to play a pivotal role in the company’s growth. Today, Spinny serves customers across the region through four Spinny car hubs in Hyderabad and Spinny Park in Visakhapatnam/Vizag, delivering a seamless omnichannel experience built around convenience, transparency and confidence.

Through SellRight by Spinny, customers can sell their cars through doorstep evaluations or at designated hubs across Hyderabad and Visakhapatnam. Every transaction is backed by Spinny’s Seller Protection Policy, along with data-driven price discovery, instant payments and seamless RC transfer support, ensuring sellers realise the right value for their cars with greater confidence, convenience and peace of mind. Beyond Hyderabad and Visakhapatnam, Spinny also sources vehicles from key Tier-2 markets including Vijayawada, Guntur and Warangal, further strengthening its presence across Andhra Pradesh and Telangana.

On the buying side, every Spinny car is backed by the company’s Integrated Restoration Centres (IRCs), where skilled refurbishment teams carry out rigorous multi-point inspections and structured restoration processes to deliver consistent quality and peace of mind.

Spinny today sells over 10,000 cars every month, with an increasing number of customers beginning their purchase journey online. Since inception, the company has inspected more than 9 lakh vehicles and served over 2 lakh customers across India. With 57+ car hubs, parking capacity for nearly 10,000 cars, and operations spanning 76 cities, Spinny has built one of India’s largest organised used-car retail networks.

The momentum is equally evident in Hyderabad. Over the past year, Spinny recorded approximately 10,000 transactions in the city, with 62% of customers purchasing their first car through the platform. Additionally, 53.5% of customers chose financing through Spinny, benefiting from the lowest EMIs, along with a 3-year warranty and a 5-day money-back guarantee, reflecting the growing confidence in organised used-car ownership.

Speaking on the campaign, Sachin Tendulkar said:
“The ‘God Promise’ connects naturally with people because it comes from honesty and trust—values I’ve always believed in. Cars carry memories and milestones, and this campaign reflects the emotional and practical confidence people look for today.”

Niraj Singh, Founder and CEO, Spinny, added: “Hyderabad has been one of Spinny’s largest markets since our inception and has played a defining role in our journey. The city has consistently embraced innovation and trust-led experiences, helping shape the future of organised used-car transactions in India.

With SellRight by Spinny and the ‘God Promise’ campaign, we are strengthening our commitment to making car selling simpler, fairer and more transparent for customers across Andhra Pradesh and Telangana. As we continue to expand our presence in the region, our focus remains on delivering convenience, confidence and trust at every step of the journey.”

With the launch of the Telugu edition of the God Promise campaign, Spinny reinforces its commitment to making trust feel local and car selling feel effortless. Through SellRight by Spinny, the company continues to help customers across Andhra Pradesh and Telangana sell their cars with confidence, transparency and peace of mind.

Sensex Falls Over 560 Points as Geopolitical Tensions Weigh on Markets

Mumbai, July 14: Indian equity markets witnessed a sharp decline on Tuesday, with the BSE Sensex falling more than 560 points and the NSE Nifty slipping below the 24,100 mark amid rising geopolitical tensions in West Asia.

Investor sentiment remained subdued as concerns over escalating regional tensions triggered cautious trading across global and domestic markets. Selling pressure was seen in several key sectors, reflecting increased risk aversion among investors.

Market experts said uncertainty surrounding the geopolitical situation and its potential impact on global crude oil prices and economic stability contributed to the decline in benchmark indices.

Despite the day’s weakness, analysts believe market movements will continue to be influenced by global developments, corporate earnings, and macroeconomic indicators in the coming sessions.

Investors have been advised to remain cautious and focus on long-term investment strategies while closely monitoring international market trends and geopolitical developments.

Rungta Tea Brings Business Coach CA Rahul Malodia to Train 250 Trade Partners on Profitability

New Delhi, July 14: Rungta Tea Private Limited recently hosted a virtual training session, bringing together 250 stakeholders from across its distributor network, retail partners, and internal team for a three-hour capability-building programme led by CA Rahul Malodia, a business coach and chartered accountant known for his work with small and mid-sized enterprises. The session, titled Business Mein Profit Kaise Badhaayein, focused on practical approaches to improving profitability and building more structured, less owner-dependent business operations.

Rahul Malodia is widely recognised for his Vyapari to CEO framework, a transformation model that trains business owners to move from hands-on, transaction-by-transaction management toward a more strategic leadership approach. The framework addresses four core areas of business operation, including building independent teams that do not require constant owner supervision, strengthening cash flow and financial discipline, structuring sales and marketing processes rather than relying on individual relationships, and shifting the underlying mindset from daily firefighting to long-term planning.

For Rungta Tea, the session forms part of a broader effort to invest in the commercial capability of the network that carries its brand to market. Many of the company’s distributor and retail partners operate as small, family-run businesses themselves, and the training was designed to give them practical tools to manage their operations more efficiently, independent of the specific product categories they deal in. Internal stakeholders from Rungta Tea also took part, reflecting the company’s view that the principles of structured growth apply equally within its own organisation.

“Our distributors and retailers are not just business partners, they are family-run enterprises navigating the same challenges we once did. Bringing in a coach of CA Rahul Malodia’s calibre was a deliberate decision. If a session can give even a handful of our partners the tools to run their businesses with more structure and less daily firefighting, the impact will far outlast the four hours we spent together.”— Girjesh Rungta, Founder and Managing Director, Rungta Tea

The session included four hours of live training, access to future live sessions, lifetime access to a community of participants, more than three business e-books, and a live question and answer segment, giving attendees both immediate learning and continued access to resources beyond the day of the session.

Rungta Tea has built its multi-state presence across North and East India over 25 years on a distribution model rooted in long-term trade relationships. The decision to sponsor a dedicated training session for its partner network reflects the same underlying philosophy that has shaped its expansion to date, that the strength of the brand is tied directly to the strength and capability of the people who represent it in the market.

India Joins Global Shift Towards Higher Ethanol-Blended Fuel

New Delhi, July 14: India is among several countries accelerating the adoption of higher ethanol-blended fuels, with the transition to E20 emerging as a key step towards enhancing energy security, reducing fuel imports, and promoting cleaner transportation.

Several nations across the world have increased ethanol blending in petrol as part of their efforts to cut carbon emissions, reduce dependence on fossil fuels, and support sustainable energy goals. India’s move towards E20 aligns with this global trend and reflects its commitment to expanding the use of renewable fuels.

Experts believe that higher ethanol blending offers multiple benefits, including lower greenhouse gas emissions, improved energy independence, and increased demand for agricultural produce used in ethanol production, providing additional income opportunities for farmers.

The transition is also expected to strengthen India’s biofuel ecosystem by encouraging investments in ethanol production, fuel infrastructure, and compatible vehicle technologies.

As countries continue to adopt cleaner energy solutions, India’s E20 programme is expected to play a significant role in supporting the nation’s long-term energy transition while contributing to global sustainability efforts.

MRF Secures a Place Among the World’s Top 3 Strongest Tyre Brands While Retaining Its Position as India’s Most Valuable & Strongest Tyre Brand

Brand Finance India 100 – 2026 report places MRF among the nation’s most valuable and strongest tyre brands and in the Global Tyres 2026 ranking confirms MRF in the world’s Top 3 strongest tyre brands

CHENNAI, July 14 –MRF Tyres, India’s largest tyre manufacturer, has been ranked as India’s Most Valuable and Strongest Tyre Brand, also features as the 3rdStrongest Tyre Brand in the World and among the Top 50 most valuable brands in India across all industries – from Automobiles, Hospitality, Banking. Foods, Oil and Gas categories – in the Brand Finance India 100- 2026 report, launched on 13 July 2026 at a landmark event held at The Taj Mahal Palace & Towers, Mumbai. The report, unveiled under the theme “Powering India’s Global Ascent,” recognises the country’s most influential and valuable brands, with the combined value of the Top 100 crossing USD 236.5 billion this year.

The recognition caps a defining year for the brand. In Brand Finance’s dedicated global Tyres 25- 2026 report, MRF was named amongst the TOP 3 strongest tyre brand in the world, with a Brand Strength Index score of 87.7 out of 100. In India, MRF continues to stand unmatched as the country’s Most Valuable and Strongest Tyre Brand, a position built on decades of consumer trust, product performance and engineering excellence.

“This recognition belongs to every Indian who has trusted MRF. To be named as India ‘s Most Valuable and Strongest Tyre Brand in India, amongst India’s Top 50 brands across all sectors, and among the world’s Top 3 Strongest tyre brands, is both an honour and a responsibility. It reaffirms our commitment to safety, innovation and the everyday journeys of millions of families and businesses across the country,”said Mr. K. M. Mammen, Chairman and Managing Director MRF Tyres Chennai.

Brand Finance’s methodology, grounded in international standards (ISO 10668 and ISO 20671), evaluates brands on both financial brand value and brand strength – assessing consumer trust, familiarity, reputation, marketing investment and business performance. MRF’s strong showing was attributed to its expansive distribution network, deep OEM relationships, Brand Reputation built over the years with World class Products, Involvement with Cricket and motorsport pedigree, and consistently high recall and loyalty among consumers.