Blog

Shares of Swiggy Ltd. and Eternal Ltd., which manage Instamart and Zomato and Blinkit respectively, experienced a recovery from their lowest points of the day after government intervention encouraged them to suspend their 10-minute delivery service for the benefit of gig workers. On Tuesday, Swiggy's stock price initially dropped by 1.08% but ended the day with a slight gain of 0.43%. In contrast, Eternal's shares rose significantly by 3.24%. The broader market saw the S&P BSE Sensex decrease by 0.30% during the same period. Labour Minister Mansukh Mandaviya held a meeting with representatives from quick-commerce firms to address concerns regarding…

V-Guard Industries Limited has achieved a major milestone in the home appliances segment with its in-house manufactured induction cooktop model VIC06V1 becoming the first in India to receive a 5-star energy efficiency rating from the Bureau of Energy Efficiency (BEE). The recognition highlights V-Guard’s focus on indigenous design, energy-efficient innovation and manufacturing excellence. The VIC06V1 is designed and manufactured at the company’s Perundurai facility and has been engineered to deliver faster, cleaner and environment-friendly cooking while helping users reduce electricity consumption without compromising performance. The cooktop offers a maximum power output of 1600 W, eight power and temperature levels, and…

Nissan has announced a series of senior management changes in its Africa, Middle East, India, Europe, and Oceania (AMIEO) region, designed to strengthen delivery of the Re:Nissan transformation plan and enhance operational efficiency, speed, and customer focus. Effective 1 January 2026, Thierry Sabbagh’s responsibilities have been expanded to include Nissan India, as he becomes Divisional Vice President and President, Middle East, KSA, CIS, and India—Nissan and Infiniti. The expanded scope reflects Nissan’s focus on maintaining leadership continuity across established markets while strengthening governance, execution, and growth momentum in India as a strategic priority within the AMIEO region. India is central…

Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as its Whole-time Director, subject to regulatory approvals. Until the approvals are received, Saha will serve as Whole-time Director (Designate) and join the bank’s senior management effective January 12, 2026. Saha most recently served as Managing Director at Bajaj Finance, where he spent over eight years playing a key role in transforming the lender into one of India’s most profitable non-banking financial companies. During his tenure, he led business transformation, digital innovation and customer-centric initiatives, helping expand the customer base to 100 million while diversifying the product portfolio. Prior…

Sterling Holiday Resorts has  expanded its footprint in North-East India with the launch of Sterling Mount Olive Gangtok, a contemporary city hotel located in the heart of Gangtok. The new property marks Sterling’s second hotel in Sikkim and its fourth across the North-East region. Situated in Development Area, Gangtok’s key business and administrative hub, the hotel is designed to cater to business travellers, professionals on short stays, and leisure visitors seeking proximity to the city’s commercial and cultural centres. Guests will have easy access to government offices, business districts and the popular MG Marg promenade. The hotel also complements Sterling’s…

Craft Collective, an institution-led initiative focused on strengthening India’s craft ecosystem, on Tuesday announced its first-ever Craft & Culture Forum, to be held in Kolkata from January 29 to February 1, 2026. The announcement was made at a press meet at the Press Club, Kolkata. The four-day forum is being organised by Foundation for MSME Clusters in partnership with Karu, Red Strategy Partners and The Red Bari, with support from Cisco under its India Cash Grant Program. The forum aims to connect artisans, designers, buyers and institutions with contemporary and global markets. The event will feature curated exhibitions, a marketplace,…