23, Jun 2026
Alila Diwa Goa Appoints Takshila Chheda as Area Director – Digital Marketing
June 23: Alila Diwa Goa has appointed Takshila Chheda as Area Director – Digital Marketing. Prior to this, Takshila used to lead digital marketing for North, East and West India at Hyatt Hotels.
In this new role at Hyatt Hotels, Takshila’s scope will include leading digital marketing for the Goa & Pune markets, in addition to West and Central India.
Takshila will be responsible for shaping and executing robust digital and performance marketing strategies, driving strong growth and enhanced online visibility across Hyatt’s portfolio. Her expertise spans brand management, digital, social media, and public relations, underpinned by a consistent track record of delivering measurable business impact and revenue growth.
Takshila brings a rich and diverse professional background to this role. Prior to Hyatt, she served as a Digital Marketing Strategist at Jio World Centre, Reliance Industries, where she played a key role in the successful launch and digital amplification of the Nita Mukesh Ambani Cultural Centre. She also held the position of Senior Manager – Digital Marketing at Tata Motors, contributing to the brand’s strong digital presence and engagement across multiple platforms and campaigns. Earlier in her career, she built extensive expertise across leading communications agencies and the hospitality sector, working with a wide portfolio of renowned brands.
Takshila holds a Master of Science (MSc) in Corporate Communications & Reputation Management from Manchester Business School, UK, and a Bachelor’s degree in Mass Media (Advertising) from Mumbai University, providing a strong academic foundation to her strategic and creative approach.
- 0
- By Neel Achary
22, Jun 2026
fäm Properties closes AED124 million office sale at Vision Tower, Business Bay
Approximately 40,000 square feet of Grade A office space changes hands, underlining sustained demand for prime business district assets in Dubai
Dubai, UAE, 22nd June 2026: fäm Properties has facilitated the sale of approximately 40,000 square feet of office space at Vision Tower in Business Bay for AED124 million, the biggest commercial real estate deal of its kind ever recorded in Dubai.
The asset, a contiguous block of Grade A office space across multiple floors in one of Business Bay’s landmark towers, was acquired by a UAE-based company as part of its business expansion plans.
“The transaction reflects continued confidence among local businesses in Dubai’s commercial real estate market, with investors and occupiers maintaining their focus on established business- districts and institutional-quality assets,” said Firas Al Msaddi, CEO of fäm Properties.
“Demand for well-located, institutional-grade office space in Dubai has stayed consistent. Buyers active at this level are precise about location, building quality and tenant profile. Assets that meet that standard continue to move.”
Daniel McCullagh, Commercial Sales Manager at fäm Properties, said transactions of this size typically involve extended due diligence, multiple stakeholders and detailed commercial structuring.
Led by McCullagh, fäm’s commercial team advised on both pricing context and execution, drawing on transaction data recorded with the Dubai Land Department to benchmark value and demand across the district.
The deal adds to the commercial division’s activity in large-format office mandates, advising occupiers, investors and landlords across Dubai’s principal office markets.
22, Jun 2026
Carne Group appoints John Parkhouse as President to accelerate execution of its growth strategy
London, 22nd June 2026 – Carne Group (Carne), Europe’s largest third-party management company, today announced the appointment of John Parkhouse as President, strengthening its leadership as the firm accelerates execution of its long-term, client-led growth strategy.
John Parkhouse brings more than 30 years’ experience in international financial services and asset management. He joins Carne following a distinguished career at PwC, where he spent over three decades advising global asset managers and investment fund groups, and most recently served as Territory Senior Partner and CEO of PwC Luxembourg, leading a business of circa 4,000 professionals.
As President of Carne Group, John Parkhouse will lead the Global Executive Committee and be responsible for executing group strategy, ensuring a client-led focus as Carne continues to scale its platform and capabilities globally.
John Donohoe, Founder and Group CEO, remains CEO, with a focus on innovation, long-term strategy and value creation. John Parkhouse will report directly to him.
This partnership combines deep operational leadership with founder-led vision, strengthening Carne’s ability to continue focusing on serving clients and building talent.
A key driver of the firm’s next chapter is the growing adoption of the ‘Supermanco’ model, where managers are increasingly looking beyond compliance and asking specialist operational partners to also help them launch products faster, enter new asset classes, navigate different fund structures, and grow across markets.
This demand is being driven by a structural shift in the asset management industry, where traditional operating models are struggling in the face of increased competition and complexity. Carne has invested heavily in developing the technology and expertise to help its clients overcome this at scale.
John Parkhouse’s appointment represents the latest milestone in Carne’s longstanding growth strategy, which includes the recent announcement of Permira as a significant minority investor (subject to regulatory approval). Parkhouse’s appointment reflects the scale, credibility and momentum of Carne’s business today, combining strong client demand, the confidence of a significant new investor, and experienced leadership focused on accelerating what comes next. A key part of John Parkhouse’s role will be working with Permira to maximise the value they can bring.
John Donohoe, Founder and Group CEO of Carne Group, said: “John’s track record and prominence as a figurehead in the asset management industry, combined with his reputation for being relentlessly client-led, makes him an ideal fit as we build on the phenomenal success Carne has achieved so far, and enter a phase where disciplined execution and client experience are just as important as ambition and innovation.
This is not just an investment in Carne’s future, but an investment in our clients’ future. John brings the experience and leadership to ensure that, as we scale, the people who build this business and the clients we serve all feel the benefit of what comes next.”
John Parkhouse, President of Carne Group, added: “Carne has built a hugely impressive combination of people, technology and ambition that positions the business to play a key role in the future of our industry. Having spent more than three decades advising asset managers, I am convinced this is a moment of genuine opportunity, both for Carne and its clients.
In the last few years, product innovation and distribution have increasingly outpaced operating models, leaving many managers struggling to keep up. This is where Carne’s redefined vision of the Supermanco comes in: we provide the operational backbone that enables managers to achieve their growth ambitions, against a backdrop of rising costs, competition and
Carne’s leadership position is further reinforced by the PwC 2026 Observatory for Management Companies Barometer and Monterey Insight’s latest report, which have recognised Carne as the largest third-party management company (ManCo) by assets under management (AUM) in Luxembourg and Ireland, respectively. Together, these reports confirm Carne’s position as the largest third-party ManCo in Europe, overseeing more than $1 trillion in AUM globally.
22, Jun 2026
West Bengal Budget 2026-27 Receives Positive Response from Industry Leaders Across Key Sectors
“We applaud the bold budget presented today, the welfare of citizens is obviously the Top Agenda .
Specifically for businesses, the three blockbuster industrial reforms: completely dismantling the corrupt ‘Syndicate Raj,’ slashing stifling local red tape for mega-investments, and finally targeting the archaic Urban Land Ceiling Act. These are massive, historic strides toward a Viksit Bangla.
However, Bengal‘s industry rightfully expected an absolute knockout punch. The writing was already on the wall; a mere bureaucratic review is a half-measure. The government must bypass all further delays, and entirely abolish this obsolete Urban Land Ceiling Act immediately. Bengal cannot afford to waste another single second of our economic future.”
“The West Bengal Budget 2026-27 has laid significant emphasis on infrastructure development, employment generation and investment promotion, all of which are important drivers of economic growth and housing demand.
From a real estate perspective, the proposed infrastructure investments, enhanced connectivity initiatives and the announcement of a second airport in the Kolkata region have the potential to unlock new growth corridors and support residential, commercial, industrial and logistics-led development.
The proposed industrial policy and focus on faster approvals are also encouraging steps that can strengthen investor confidence and accelerate economic activity across the state.
The continued focus on housing through PM Awas Yojana, coupled with measures that support job creation and income growth, should further strengthen end-user demand in the housing market.
We are optimistic about West Bengal‘s growth prospects and its emergence as the country’s top priority destination for investment and development.”
Mr. Sahil Saharia, CEO, Shristi Infrastructure Development Ltd.“The West Bengal Budget 2026-27 has outlined several progressive measures for the real estate and infrastructure sectors. The proposed industrial policy, focus on ease of doing business, monetisation of surplus government land, and continued emphasis on affordable housing are expected to create new opportunities for investment and development across the state. These initiatives will help strengthen West Bengal‘s position as an attractive destination for real estate and infrastructure growth”.
The state‘s focus on both healthcare infrastructure and human capital development in the sector which reflects the strategic understanding that sustainable healthcare growth requires investment in capacity, talent and accessibility simultaneously. If implemented effectively, these measures can significantly enhance healthcare outcomes and further position West Bengal as a leading healthcare destination in Eastern India.”
Dr. M.S. Purkait, Medical Superintendent, Techno India DAMA Hospital.
22, Jun 2026
India’s Got Nova, an Unconventional Community-First Format Featuring Samay Raina and Rajiv Makhni; Continues Industry-First Open Review Program
New Delhi, June 22: Ai+ Smartphone today announced the reveal of the Nova 2 Neo 5G and Nova 2 Pro 5G, expanding its Nova Series portfolio and reinforcing their commitment to delivering trusted, accessible, and performance-driven smartphone experiences for Indian consumers.
Designed for different user needs while sharing a common philosophy of design, reliability, and transparency, the Nova2 Neo 5G and Nova2 Pro 5G bring the Nova experience to a broader audience from first-time smartphone users and value-conscious buyers to creators, professionals, and performance-focused upgraders.
In a departure from traditional smartphone launches, Ai+ Smartphones unveiled the devices through “India’s Got Nova“, an entertainment-led launch format hosted by comedian Samay Raina alongside Gadget Guru Rajiv Makhni. The launch combined audience interaction, product demonstrations, live debates, and real-world challenges to showcase the devices in a more authentic and consumer-centric manner.
The reveal also follows Ai+ Smartphones’ recently announced Open Review Program, under which reviewers, creators, journalists, and members of India’s technology community were invited to use, test, challenge, and review the devices before they become commercially available. With no embargoes, no talking points, and no review guidelines, the initiative reflects the company’s belief that trust is earned through transparency and that consumer feedback should help shape products before they reach the market.
Commenting on the reveal, Madhav Sheth, CEO, Ai+ Smartphone & Founder, NxtQuantum Shift Technologies, said:
“The smartphone market is becoming increasingly diverse, with consumers seeking devices that align with their individual lifestyles, aspirations, and expectations rather than a one-size-fits-all experience. The Nova Series was created to address this shift by bringing together thoughtful design, dependable performance, trusted software, and meaningful innovation within a single portfolio.”
“With the introduction of the Nova 2 Neo and Nova 2 Pro, we are expanding the reach of the Nova Series across a broader spectrum of users from first-time smartphone owners to performance-focused upgraders. At the same time, we wanted the launch itself to reflect the values we stand for. That’s why we chose to involve the community, invite honest feedback, and launch these devices through a format that prioritises real conversations over presentations.” he added.
The Open Review Program received an overwhelming response from the technology community, with hundreds of reviewers, creators, journalists, and technology enthusiasts registering to participate. Feedback from the program will continue to be incorporated as part of Ai+‘s broader commitment to transparency, product improvement, and consumer trust.
NOVA 2 NEO: THE SMART ENTRY
The Nova 2 Neo is the most accessible device in the Nova Series, designed to bring the Nova experience of thoughtful design, dependable performance, and trusted software to first-time smartphone users and value-conscious buyers.
Powered by the MediaTek Dimensity 6300 5G chipset, the device features a 6.745-inch HD+ 120Hz display, a 48MP Sony IMX582 AI camera, and an 8MP front camera.
A 6000mAh battery with 18W charging support ensures all-day usage, while expandable storage of up to 2TB, dual SIM 5G, a side-mounted fingerprint scanner, IP65 dust and water resistance, and a slim 8.5mm profile make it a highly practical everyday companion.
The Nova 2 Neo runs Android 16-based NxtQuantum OS and includes the NxtPrivacy Dashboard, AI Key support, and a clean software experience designed around user control and transparency.
Available Configurations:
• 4GB + 128GB
• 6GB + 128GB
NOVA 2 PRO: THE PERFORMANCE STATEMENT
Built for creators, professionals, and users seeking a more immersive smartphone experience, the Nova 2 Pro combines elevated design with stronger performance and richer multimedia capabilities.
Powered by the MediaTek Dimensity 7100 chipset, the device features a 6.9-inch FHD+ 144Hz punch-hole display with up to 800 nits HBM brightness and a multi-layer cooling system.
Its camera setup includes a 48MP Sony IMX582 AI main camera, an 8MP ultra-wide camera, and a 13MP front camera for content creation and video communication.
The Nova 2 Pro also introduces customisable lights in the back panel for calls, messages, notifications etc, a premium 2.5D glass finish, dual stereo speakers, dual microphones, UFS storage, expandable memory of 1TB, and a 6000mAh battery with 33W fast charging.
Like the Neo, it runs Android 16-based NxtQuantum OS with the NxtPrivacy Dashboard and advanced AI Key customisation.
Available Configurations:
• 6GB + 128GB
• 8GB + 128GB
Availability:
The Nova 2 Neo and Nova 2 Pro will be available on Flipkart and select retail outlets.
22, Jun 2026
Asian Energy Bags Rs 187.6 Crore Gujarat Power EPC Contract, Expands Beyond Coal India
Asian Energy Services Limited has secured a Rs 187.62 Crores EPC contract (including GST) from Gujarat State Electricity Corporation Limited (GSECL) for enhancement of a coal handling plant in Ukai Gujarat. The project marks a strategic milestone for the company as its first major order outside Coal India and its subsidiaries and associates. It signals a diversification of its client base and a strong entry into state utility-led infrastructure projects. The project involves capacity enhancement of the Coal Handling Plant (Stage-II) at the Ukai Thermal Power Station in Gujarat. The project is being executed on a lumpsum EPC basis, and the scope covers end-to-end engineering, procurement, construction, and commissioning, which will take place over 2-3 years.
Dr. Kapil Garg, Managing Director, Asian Energy Services Limited, said, “Asian Energy is delighted to have won this project, which will involve upgrading the coal handling plant capacity of Ukai Thermal Power Station. The project expands our order book in the mineral infrastructure vertical and adds to our revenue visibility for the next 2 years. All our projects thus far have been for Coal India and its subsidiaries & associates, and working on this project reflects our successful efforts towards acquiring new customers for our service offerings.”
22, Jun 2026
Centre Rules Out Stake Sale in Cochin Shipyard for Now
June 22: The Central Government has clarified that there are currently no plans to divest its stake in Cochin Shipyard Limited, reaffirming its commitment to the strategic public sector enterprise.
The clarification comes amid discussions surrounding the government’s disinvestment programme and the future of public sector undertakings. Officials stated that no proposal is under consideration at present for the sale of the Centre’s shareholding in the shipbuilding and maritime infrastructure company.
Cochin Shipyard, one of India’s leading shipbuilding and ship repair facilities, plays a significant role in supporting the country’s maritime, commercial, and defence sectors. The company has been instrumental in delivering a range of vessels and infrastructure projects while contributing to the growth of India’s shipbuilding capabilities.
The government’s position is expected to provide clarity to investors and industry stakeholders, reinforcing confidence in the company’s ongoing operations and long-term development plans.
Market observers noted that the statement underscores the strategic importance of Cochin Shipyard in India’s maritime ecosystem and aligns with broader efforts to strengthen domestic manufacturing and infrastructure capabilities.
The Centre reiterated that any future decisions regarding public sector holdings would be taken in accordance with policy objectives and prevailing economic considerations.
22, Jun 2026
SEBI Move to Lower Margin Burden Expected to Strengthen Commodity Markets
June 22: The Securities and Exchange Board of India (SEBI) has eased margin requirements for commodity derivatives positions that are backed by the early pay-in of underlying goods, a move aimed at improving market efficiency and reducing costs for participants.
The regulatory change is expected to benefit traders, hedgers, and other market participants by providing margin relief when commodities are delivered in advance against derivatives positions. The measure is designed to better align margin requirements with the reduced risk associated with positions backed by actual goods.
SEBI said the revised framework will help strengthen the commodity derivatives ecosystem by encouraging greater participation and improving the ease of doing business in commodity markets. The move is also expected to support efficient price discovery and enhance liquidity across commodity exchanges.
Industry experts believe the relaxation could particularly benefit producers, processors, and traders who use derivatives markets to manage price risks. By lowering the margin burden on eligible positions, market participants may be able to deploy capital more efficiently while maintaining effective risk management practices.
The decision forms part of SEBI’s broader efforts to modernize India’s commodity markets and create a more robust regulatory environment that balances market growth with investor protection.
Market observers view the reform as a positive step toward deepening participation in commodity derivatives trading and strengthening India’s position as a growing commodities marketplace.
22, Jun 2026
NSE and Bharat Metal Exchange Collaborate to Expand Non-Ferrous Derivatives Market
June 22: National Stock Exchange of India has entered into a strategic partnership with Bharat Metal Exchange to support the development and growth of India’s non-ferrous metal derivatives market.
The collaboration aims to enhance market participation, improve price discovery mechanisms, and strengthen the overall ecosystem for trading non-ferrous metal derivatives in the country. Industry stakeholders believe the partnership could play an important role in deepening commodity market infrastructure and expanding risk management tools for market participants.
Non-ferrous metals such as aluminium, copper, zinc, and lead are critical to sectors including manufacturing, infrastructure, automotive, renewable energy, and electronics. A stronger derivatives market is expected to help producers, consumers, and traders manage price volatility more effectively.
The partnership is also expected to contribute to greater transparency and efficiency in the metals value chain by encouraging wider adoption of hedging instruments and improving access to market intelligence.
Industry experts note that the initiative aligns with India’s broader efforts to strengthen its commodity markets and support industrial growth through more sophisticated financial and trading mechanisms.
The collaboration reflects growing efforts to build a robust and globally competitive metals trading ecosystem capable of meeting the evolving needs of India’s rapidly expanding industrial economy.
22, Jun 2026
Reliable Power Distribution in Focus as Haryana Builds for the Future
“The potential benefits of stronger distribution services extend beyond industry. Haryana remains one of India’s most productive agricultural states, where electricity plays an important role in irrigation, rural enterprises, food processing and cold-chain infrastructure. Improved service quality can further support agricultural modernization and help strengthen rural economic activity across the state,” said sector expert, Ashish Kapur.
