4, May 2026
Domestic Capital Fuels 37 pc Jump in India Real Estate Investments: Report
New Delhi, May 4 (BNP): India’s real estate sector recorded a strong uptick in investment activity during the January–March period, with total inflows rising 37 percent year-on-year, according to a report by JLL India.
The growth was primarily driven by robust participation from domestic investors, including institutions, family offices, and high-net-worth individuals, highlighting increasing confidence in India’s property market amid global economic uncertainties.
The report noted that domestic capital has emerged as a key pillar of support for the sector, helping offset fluctuations in foreign investment flows and ensuring steady funding across residential, commercial, and industrial real estate segments.
Market experts believe the trend reflects a structural shift in investment behaviour, with local investors taking a more active and long-term view of real estate assets such as office spaces, warehousing, and premium housing projects.
Despite global headwinds, India’s real estate sector continues to attract sustained capital inflows, underscoring strong investor sentiment and long-term growth prospects. The rising share of domestic funding is also seen as a stabilising factor for the industry’s expansion.
Overall, the report highlights a resilient investment environment, with domestic capital playing an increasingly central role in shaping India’s real estate growth story.
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- By Neel Achary
4, May 2026
Oriflame Appoints Orkun Gül as Chief Commercial Officer
New Delhi, May 04: Oriflame has announced the appointment of Orkun Gül as its new Chief Commercial Officer (CCO). In this role, Orkun will join the company’s Global Leadership Team and lead its commercial strategy across international markets, as Oriflame strengthens its global business and expands its social selling ecosystem.

Orkun Gül brings over two decades of leadership experience across FMCG, direct selling, and network marketing. He has previously held senior roles at Procter & Gamble and spent more than a decade in executive leadership at Avon. Throughout his career, he has driven growth across Europe, the Middle East, Africa, and Asia-Pacific by enhancing distributor engagement, improving market execution, and building consumer-centric business models.
In addition to his corporate experience, Orkun has been an advocate for ethical and sustainable direct selling practices, having served as President of the Turkey Direct Selling Association.
In his new role, Orkun will focus on strengthening Oriflame’s global social selling model, enhancing commercial capabilities across key markets, and improving productivity across its network of over three million Beauty Entrepreneurs worldwide.
Commenting on his appointment, Orkun Gül said,
“Oriflame has built a unique global community rooted in entrepreneurship and strong consumer relationships. I look forward to working closely with our teams and Beauty Entrepreneurs to accelerate growth and unlock new opportunities across markets.”
Edyta Kurek, Senior Vice President and Head of Oriflame India and Indonesia, welcomed the appointment, highlighting Orkun’s strong leadership in scaling people-centric commercial organisations and reinforcing the company’s commitment to empowering entrepreneurs, particularly in high-growth markets like India.
Founded in 1967, Oriflame operates in over 60 markets globally, offering a wide range of beauty and wellbeing products across skincare, cosmetics, fragrances, personal care, and nutrition. The company continues to promote micro-entrepreneurship through its social selling model while advancing sustainability and community impact initiatives.
4, May 2026
India Manufacturing Shows Resilience as PMI Edges Up to 54.7
New Delhi, May 4 (BNP): India’s manufacturing sector saw a slight improvement in activity during April, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) rising to 54.7 from 53.9 in March, according to a private survey.

The reading indicates continued expansion in factory activity, though the pace of growth remains relatively subdued compared to previous years. A PMI above 50 reflects expansion in the sector.
The survey showed that both new orders and production increased during the month, supported by steady domestic demand and improving export performance. However, growth was partially restrained by competitive market conditions and global uncertainties.
Cost pressures remained elevated, with input prices rising at their fastest rate in over a year and a half. Higher costs of raw materials such as fuel, chemicals, aluminium, and petroleum products contributed to inflationary pressures, influenced in part by global geopolitical tensions.
Despite these challenges, employment conditions remained positive, with manufacturers increasing hiring at the fastest pace in ten months, reflecting continued business confidence.
Export demand also strengthened, with new overseas orders rising to a seven-month high, driven by improved demand from several international markets.
Economists noted that while the manufacturing sector continues to support India’s economic growth through output, jobs, and exports, rising costs and global headwinds may weigh on profitability in the coming months.
Overall, the data points to a steady but uneven recovery, with the sector remaining an important driver of India’s broader economic momentum.
4, May 2026
Mittal–Poonawalla Consortium Buys Stake in Rajasthan Royals in INR 15,660 Crore Deal!
New Delhi,May 4 (BNP): In a major development in the Indian Premier League, UK-based Indian billionaire Lakshmi Mittal and Adar Poonawalla have acquired a significant stake in Rajasthan Royals (RR) through a consortium deal valued at approximately ₹15,660 crore ($1.65 billion).
The two business leaders have partnered with existing principal owner Manoj Badale to form a new consortium that will not only control Rajasthan Royals but also its sister franchises—Paarl Royals in South Africa’s SA20 league and Barbados Royals in the Caribbean Premier League.
According to an official statement, post-transaction ownership will see the Mittal family holding around 75% stake in the franchise, while Adar Poonawalla will own approximately 18%. The remaining 7% will be retained by existing approved investors, including Manoj Badale, who will continue to play a key role, providing continuity and leveraging his extensive experience in cricket management.
The deal, announced after months of speculation over ownership changes, is subject to approvals from the Board of Control for Cricket in India and the Competition Commission of India.
Founded in 2008 as one of the original IPL franchises, Rajasthan Royals was initially acquired by Badale for $67 million and has since grown into a globally recognized cricket brand. The new investment underscores the rising valuation and international appeal of IPL teams.
The Mittal family already has a footprint in global sports, including investments in the NBA’s Boston Celtics and English football club Queens Park Rangers. Sources indicate that Aditya Mittal could emerge as a key figure representing the franchise going forward.
Expressing his enthusiasm, Lakshmi Mittal said he has a deep personal connection with both cricket and Rajasthan, adding that he looks forward to contributing to the team’s future success and engaging with its passionate fan base.
The transaction marks one of the largest deals in IPL history and is expected to further boost investor confidence in the league’s commercial potential.
4, May 2026
Ather Energy Posts Improved Q4 Results, Loss Narrows Significantly
Mumbai, May 4 (BNP): Ather Energy has reported a sharp improvement in its financial performance for the January–March quarter, with net loss narrowing by 57 percent year-on-year.
The company posted a net loss of ₹100.23 crore in the fourth quarter, compared with ₹234.36 crore in the same period last year, according to a regulatory filing. The reduction reflects improving operational efficiency and stronger demand in the electric vehicle segment.
Revenue from operations grew significantly during the quarter, rising 74 percent to ₹1,174.66 crore from ₹676.8 crore in the corresponding period of the previous fiscal year.
The Bengaluru-based EV maker, which was listed on the stock exchanges in May last year, continues to benefit from rising adoption of electric two-wheelers and expanding market presence across key regions.
Overall, the results indicate steady progress in scaling operations while narrowing losses as the company strengthens its position in the competitive EV market.
4, May 2026
Cyclone Alert? Low Pressure Likely in Bay of Bengal Mid-May; IMD Yet to Confirm
Bhubaneswar, May 4 (BNP): A potential weather system over the Bay of Bengal is drawing attention, with early model projections indicating the possible formation of a low-pressure area during the second week of May.

According to preliminary forecasts from the Global Forecast System, conditions may become conducive for the development of a cyclonic system around mid-May. Some projections even hint at a possible intensification, raising concerns of a cyclone threat.
However, the India Meteorological Department has not issued any official confirmation or warning regarding such a development so far. Meteorological experts caution that while environmental conditions appear favorable for cyclogenesis, it is too early to determine whether the system will intensify into a cyclone.
As of now, the situation remains under close watch, with further clarity expected in the coming days as more data becomes available. Authorities have advised
4, May 2026
New Market Segments Launched as NSE Points to Strong Capital Market Growth
May 4 (BNP): The National Stock Exchange (NSE) has introduced two new segments—PaRRVA and EGR—aimed at expanding market participation and improving trading efficiency.
Speaking at the launch, the NSE Chairman highlighted the resilience of India’s capital markets, noting their ability to withstand global uncertainties and maintain steady growth.
The introduction of these segments is expected to deepen market participation and offer investors new avenues for trading and risk management. Market officials said the move aligns with efforts to enhance transparency, liquidity, and innovation in the financial ecosystem.
Overall, the development reflects continued efforts to strengthen India’s capital market infrastructure and support its long-term growth trajectory.
4, May 2026
India’s LPG Shipment Clears Strategic Strait, Heads to Visakhapatnam Port
Visakhapatnam, May 4 (BNP): An LPG tanker carrying cargo destined for India has safely navigated the Strait of Hormuz and is currently en route to Visakhapatnam, according to official sources. The movement of the vessel comes at a time of heightened geopolitical tensions in West Asia, which have raised global concerns over key energy shipping routes.

Authorities confirmed that despite the challenging regional environment, maritime operations remain stable and uninterrupted. There has been no disruption reported to Indian-flagged vessels or energy shipments bound for the country.
The consignment is expected to support domestic LPG availability and reinforce the country’s energy supply chain, which is being closely monitored to ensure steady distribution across regions.
Officials further stated that shipping activities in the region are under continuous surveillance to safeguard critical imports and maintain smooth logistical operations. The government has assured that all necessary measures are in place to ensure energy security and uninterrupted supply of essential commodities.
4, May 2026
Jaishankar Lauds GalaxEye for Advancing India’s Space-Tech Strength
May 4 (BNP): External Affairs Minister S. Jaishankar has praised India’s advancing space technology ecosystem, highlighting the success of GalaxEye and its “Mission Drishti,” which is being seen as a significant step forward in all-weather Earth imaging capabilities.
The mission marks a notable achievement in strengthening India’s private space sector, demonstrating the country’s growing ability to develop advanced imaging systems that can operate effectively in diverse weather conditions.
Jaishankar said such innovations reflect India’s expanding technological strength and underline the contribution of startups in enhancing the nation’s global space footprint. He noted that developments like Mission Drishti position India as an emerging leader in next-generation space-based solutions.
The breakthrough is expected to support applications across sectors such as disaster management, agriculture, defence, and climate monitoring, further reinforcing India’s push towards self-reliance in space technology.
Overall, the development is being viewed as a milestone in India’s journey towards building a stronger, innovation-driven space ecosystem supported by private sector participation
4, May 2026
Nissan GRAVITE CNG Debuts with Segment-First Twin-Cylinder Retrofitment Kit, Enabling True 7-Seater CNG Mobility – Press release
Gurugram, May 04: Nissan Motor India Private Limited announced the launch of government-approved CNG retrofitment kit for the All-New Nissan GRAVITE, featuring an innovative segment-first smart twin-cylinder technology that retains full 7-seater modularity & usability. across 16 states, the GRAVITE CNG is designed to offer customers a smarter, more economical and environmentally conscious mobility solution while retaining ample space in the 3rd row, offering comfort and everyday practicality.

A practical yet forward-looking solution, the GRAVITE CNG combines “Smart Power with Smarter Savings,” delivering significantly lower running costs per/km while retaining its joyful modularity, comfort and everyday usability. The government-approved CNG kit is fully developed, manufactured and quality assured by Motozen. Customers can order the CNG kit installation via Nissan authorised dealers, for an extremely convenient and trusted purchase route to access the CNG solution. A 3-year / 1,00,000 km warranty on kit components via a third-party provider is also being offered.
Mr. Thierry Sabbagh, Divisional Vice President and President, Middle East, KSA, CIS and India – Nissan and Infiniti, said,
“India continues to be a strategic market for Nissan, and our focus is on bringing products and mobility solutions that are relevant, accessible and future-ready, aligned with the evolving needs of the customers. The introduction of the CNG option for the All-New Nissan GRAVITE is a significant step in that direction. With GRAVITE CNG, we are extending a proven, practical solution to customers seeking a combination of family-focused space, everyday mobility, and lower running costs in key CNG markets.”
Mr. Saurabh Vatsa, Managing Director, Nissan Motor India, said,
“After an extremely positive reception from the customers for the Magnite CNG, we are delighted to now launch the first twin-cylinder solution in the segment for The All-New Nissan GRAVITE. It has been designed for customers who need the practicality, flexibility and comfort of a 7-seater MPV for everyday family use. With the introduction of the government-approved CNG retrofitment kit, we are making that proposition even stronger by offering a solution that is not only economical to run but also designed to retain its full 7-seater flexibility, modularity & capability through a smart twin-cylinder setup, ensuring no compromise on space or everyday usability.”
Building on its success, the CNG system has been engineered to deliver performance, safety and efficiency without compromising comfort. Key technical highlights include a Sequential BS6.2 Compliant CNG Kit, an ICAT-approved system for certified safety and reliability, heavy-duty cylinder thickness of 8.1 mm for enhanced durability, and latest Dynamic Advancer Technology optimised specifically for the GRAVITE. The system also features a fuel filling point under the fuel lid, clean factory-finish integration with well-designed component brackets, an optimised rear seat layout that maintains passenger comfort, and seamless petrol and CNG switchover.
For high-mileage users such as families managing office commutes, school runs and regular out-of-city visits, the All-New Nissan GRAVITE CNG offers significant savings versus petrol, making a 7-seater more realistic and affordable to run in CNG-dense markets. At the same time, it contributes to cleaner air and more sustainable mobility choices especially in high-traffic conditions and urban environments – allowing families to make a more responsible choice without compromising on convenience.
