1, Jul 2026
Strong Demand Pushes Retail Leasing Up 17.6 pc in Q2
New Delhi, July 1: India’s retail leasing activity reached 2.4 million square feet (MSF) in Q2, registering a 17.6% year-on-year increase, driven by strong demand from retailers despite constrained supply conditions, according to a recent report.
The growth reflects continued expansion in organized retail space, with brands across fashion, food and beverage, electronics, and lifestyle segments actively leasing premium high-street and mall spaces.
The report highlighted that limited availability of quality retail space in key urban markets has led to tighter supply, even as demand from retailers remains strong and diversified across segments.
Industry experts said the sustained leasing activity underscores resilience in consumer demand and growing confidence among retailers in India’s consumption-driven market.
The trend is expected to continue as developers gradually add new retail inventory, while established brands expand their physical presence across major cities.
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- By Neel Achary
1, Jul 2026
SHE-LEAPS Initiative Aims to Drive Data-Led Growth and Empower 6 Crore ‘Lakhpati Didis’
New Delhi, July 1: The SHE-LEAPS initiative is being positioned as a key framework to accelerate data-driven development and support the government’s goal of empowering 6 crore ‘Lakhpati Didis’ across the country.
The programme focuses on leveraging data, technology, and digital tools to strengthen women-led entrepreneurship, improve access to financial services, and enhance livelihood opportunities for women in rural and semi-urban areas.
Officials said the initiative aims to integrate women self-help groups and micro-enterprises into a more structured digital ecosystem, enabling better tracking of income growth, credit access, and market linkages.
By promoting data-backed decision-making, SHE-LEAPS is expected to help identify gaps in skill development, expand income-generating opportunities, and improve the scalability of women-led enterprises.
The initiative aligns with broader efforts to promote financial inclusion and strengthen grassroots entrepreneurship, with a focus on enabling sustainable income growth for women across sectors such as agriculture, handicrafts, services, and small-scale manufacturing.
Authorities said the programme will play a significant role in advancing the vision of creating a large base of financially empowered women entrepreneurs, contributing to inclusive and data-driven economic growth.
1, Jul 2026
India’s Data Centre Industry to Grow to Dollar 6.8 Billion by FY30
New Delhi, July 1: India’s data centre industry is projected to grow significantly, reaching an estimated $6.8 billion by FY30, driven by rising digital adoption, cloud computing demand, and expanding data consumption across sectors, according to a recent industry report.
The report highlights that rapid digitalisation, increasing internet penetration, and the growth of data-intensive technologies such as artificial intelligence, fintech, and e-governance are expected to be key growth drivers for the sector.
It also notes that India is emerging as a major data infrastructure hub in the Asia-Pacific region, supported by strong policy backing, improved connectivity, and growing investments from global and domestic players.
Industry experts said the expansion of data centres will play a crucial role in supporting the country’s digital economy, enhancing data security, and enabling scalable cloud infrastructure for enterprises and government services.
The sector’s growth is also expected to generate employment opportunities and attract further investments in allied infrastructure such as power, cooling systems, and network connectivity.
1, Jul 2026
Window Magic Unveils ‘Window Magic Atelier’, Launches Ultra-Luxury Fenestration Range ‘WM AURA’ for Indian Market

New Delhi, 1st July: Window Magic, one of India’s leading providers of luxury uPVC and aluminium fenestration solutions, today announced the opening of ‘Window Magic Atelier’, India’s first-of-its-kind luxury fenestration experience centre, located at the prime South Delhi location. This also marks the launch of WM AURA, Window Magic’s ultra-luxury fenestration range, developed in strategic collaboration with one of Europe’s most renowned pioneers in advanced aluminium architectural systems.
Envisioned as an immersive destination for architects, developers, interior designers, and discerning homeowners, Window Magic Atelier reimagines how luxury doors, windows, and façade systems are experienced. The centre showcases the brand’s latest innovations, design capabilities, and luxury solutions through curated experiential zones that blend functionality, aesthetics, and architectural excellence.
The launch represents a significant milestone in Window Magic’s growth journey and reinforces its commitment to serving India’s rapidly evolving luxury real estate sector. It also marks a new chapter in the company’s global aspirations through its collaboration with European brand, bringing together Greek engineering expertise and Indian market understanding.
During the launch of Window Magic Experience Centre, Mr. Manish Bansal, Director & CEO, expressed, “We are delighted to unveil Window Magic Atelier, a first-of-its-kind luxury fenestration experience centre in the heart of New Delhi. As consumer aspirations evolve and luxury real estate continues to redefine modern living, there is a growing demand for solutions that seamlessly combine aesthetics, innovation, and performance. Window Magic Atelier has been envisioned as a destination where architects, developers, and homeowners can experience the future of luxury fenestration firsthand. The launch of WM AURA further strengthens our commitment to bringing world-class aluminium systems to India and setting new benchmarks in the luxury segment.”
At the heart of the Atelier is WM AURA, an exclusive aluminium systems portfolio designed for luxury residences, luxury commercial developments, and iconic architectural projects. Engineered with precision and crafted for performance, the range features sleek sliding systems, expansive glass façades, minimalist aesthetics, and superior thermal and acoustic performance, enabling modern spaces to seamlessly integrate light, openness, and sophistication.
1, Jul 2026
Cabinet Clears Major Tunnel Project in Delhi
New Delhi, July 1: The Union Cabinet has approved a major infrastructure project worth ₹6,969.67 crore for the construction of a six-lane tunnel that will connect the Dwarka Expressway with Nelson Mandela Marg in Delhi.
The project is aimed at significantly improving urban connectivity, reducing travel time, and easing traffic congestion in key parts of the National Capital Region. Once completed, the tunnel is expected to provide a seamless high-speed corridor linking major arterial routes in Delhi.
Officials said the project will enhance last-mile connectivity to Dwarka Expressway and strengthen the capital’s road infrastructure network by offering an alternative underground route for high-density traffic movement.
The tunnel is also expected to improve traffic flow on surface roads, reduce congestion at major intersections, and contribute to smoother vehicular movement across southwest Delhi.
The government said the project reflects its continued focus on developing modern, high-capacity infrastructure to meet the growing mobility needs of urban India and support long-term economic activity in the region.
1, Jul 2026
India’s Passenger EV Registrations Surge 90 pc in Q1 FY27
New Delhi, July 1: India’s passenger electric vehicle (EV) registrations recorded a sharp 90% year-on-year increase in Q1 FY27, reflecting accelerating adoption of clean mobility across the country.
The strong growth was driven by rising consumer preference for electric mobility, expanding charging infrastructure, and the introduction of new EV models across segments. Improved affordability and supportive policy measures also contributed to the surge in registrations.
Industry observers said the rapid rise highlights a significant shift in India’s automotive market, with electric vehicles gaining wider acceptance among urban and semi-urban buyers. Fleet operators and ride-hailing services have also contributed to higher demand.
The trend underscores the country’s transition towards sustainable transportation and reduced dependence on fossil fuels, aligning with broader climate and energy goals.
Experts expect EV adoption to continue its upward trajectory in the coming quarters as manufacturers expand offerings and infrastructure strengthens further.
1, Jul 2026
AVer Expands Global Presence with New South Korea Subsidiary to Accelerate Local Market Growth

Taipei, Taiwan – July 1: AVer Information Inc., an award-winning provider of AI audio-video solutions, today announced the establishment of a new subsidiary in South Korea. This strategic move marks a key milestone in AVer’s continued expansion across Asia and reinforces its commitment to building a robust global organization that serves customers worldwide. The new subsidiary will act as a local hub to accelerate the adoption of AVer’s professional AV, video conferencing, and medical solutions in the Korean market.
David Kuo, President of AVer Information Inc., said, “Markets today evolve quickly, and organizations must possess both the strength of global resources and the flexibility of a local team. By establishing a dedicated subsidiary in South Korea, we are bringing decision-making closer to our customers, enabling faster response times and more tailored solutions for local demand.”
The establishment of AVer Korea is far more than a simple business expansion; it represents a critical strategic move to enhance the group’s financial performance and overall operational synergy.
lDeepening local partnerships and existing channels: AVer has built a strong foundation with local partners in South Korea over the years. With the establishment of the new subsidiary, AVer will integrate and revitalize its existing distributors and reseller channels, upgrading isolated sales into a comprehensive, locally-rooted service network. At the same time, AVer will be able to work closely with Korean technology supply chains and software ecosystems, enabling deep integration and the development of exclusive, highly localized solutions.
lStrengthening financial performance: By empowering AVer Korea to lead high-margin product lines — such as intelligent collaboration systems, AI Auto Tracking cameras, and medical grade PTZ cameras — AVer can more precisely target markets with strong, non-discretionary demand and optimize channel deployment. This approach is expected to significantly shorten sales cycles and drive more stable revenue growth for AVer. In addition, the South Korean subsidiary will leverage the deep R&D expertise and high-quality, integrated manufacturing capabilities of AVer’s Taiwan headquarters, avoiding duplicated setup costs and further enhancing the group’s overall profitability.
As South Korea continues to invest in enterprise digital transformation and telehealth, the South Korean subsidiary is positioned to deliver timely, precise AI-powered AV solutions that meet evolving industry needs. By combining local agility with global expertise, AVer aims to support organizations in improving communication, collaboration, and care delivery, while driving the company’s next phase of growth.
1, Jul 2026
Sensex, Nifty End Higher on FMCG, Banking Boost
Mumbai, July 1: Indian equity benchmarks ended the trading session in positive territory, supported by strong buying interest in FMCG, banking, and realty stocks, which helped lift overall market sentiment.
The Sensex and Nifty closed higher as investors remained upbeat amid sectoral strength and selective stock-specific momentum. FMCG stocks led the gains, followed by banking and realty counters, which witnessed steady accumulation throughout the session.
Market participants said optimism in domestic demand-driven sectors, along with improved investor sentiment, contributed to the positive close. Broader markets also reflected a stable trend, indicating sustained participation across segments.
Analysts noted that the upward movement was driven largely by sector rotation, with investors focusing on fundamentally strong companies in key consumption and financial sectors.
Overall, the session reflected resilient market sentiment, with benchmark indices managing to end the day on a firm note despite global uncertainties.
1, Jul 2026
Lt Gen Sandeep Jain Assumes Charge as Vice-Chief of the Army Staff
New Delhi, July 1: Lieutenant General Sandeep Jain has assumed charge as the Vice-Chief of the Army Staff, taking over a key leadership position in the Indian Army.
An experienced officer with a long and distinguished service record, Lt Gen Jain has held several important command and staff appointments over the course of his career, contributing to both operational leadership and strategic planning within the force.
As Vice-Chief of the Army Staff, he will assist the Chief of the Army Staff in overseeing critical areas including operational preparedness, force modernisation, training, and overall administrative coordination across the Army.
His appointment comes at a time when the Indian Army continues to focus on enhancing combat readiness, advancing modernisation efforts, and strengthening joint capabilities across the armed forces.
The transition marks an important development in the Army’s senior leadership structure.
1, Jul 2026
Capital raising becomes more demanding for private equity fund managers
July 01: Raising capital has become more demanding for private equity fund managers, with increased due diligence requirements and regulatory uncertainty now the biggest barriers in the market, new research* from Ocorian, a leading U.S. and global asset services provider, shows.
The study of 300 senior executives at private equity fund managers across the U.S. and Europe, whose firms manage a combined $3.511 trillion in assets, found that 62% say raising capital has become slightly more difficult in 2026 compared with 2025. However, the picture is not uniformly negative: 32% say fundraising has become slightly easier, while 5% report no change.
The findings suggest that the capital-raising environment is becoming more selective rather than simply more constrained. More than half of respondents – 51% – say investors are increasing the number of specialised managers they allocate to, while 42% say investors are maintaining stable manager relationships. Just 5% say investors are consolidating with fewer managers.
When asked about the biggest barriers to raising capital, 63% of managers cited increased due diligence requirements, making it the most common challenge. Regulatory uncertainty was cited by 57%, followed by overallocation constraints at 48% and LP reallocation away from alternatives at 38%.
The research also shows that valuation methodologies have become the most prominent risk area in investor due diligence. More than half of respondents – 51% – identified valuation methodology as the area now receiving the greatest scrutiny, ahead of leverage and financing risk at 34%.
ESG remains part of the investor conversation, but its role appears to be changing. Nearly two-thirds of managers — 65% — say ESG is now primarily a reporting and compliance focus, while 28% say it remains important for certain investor segments.
Looking ahead, managers expect to increase allocations across a range of private market strategies over the next three years. Venture capital was the most commonly selected strategy, cited by 58% of respondents, followed by growth equity at 51% and private credit/direct lending at 49%. Renewable energy was selected by 39% and infrastructure excluding renewables by 38%.
Richard Hansford, Head of EMEA Fund Sales – Global Funds at Ocorian, said: “The capital-raising environment for private equity managers is not simply tightening — it is becoming more selective, more evidence-led and more operationally demanding.
“While most managers say raising capital has become slightly more difficult this year, a significant minority are finding conditions easier. That points to a market where investors are still allocating, but with greater scrutiny over manager selection, due diligence standards and the operational infrastructure behind each fund.
“One of the clearest findings is the growing importance of valuation methodology in investor due diligence. This is now distinct from leverage and financing risk, and it underlines the need for managers to demonstrate robust valuation processes, transparent reporting and specialist operational support as they compete for capital.”