LUXURY WATCH MARKET IN INDIA
Jagannath temple priest to develop Rs 200 cr spiritual luxury resort project in Puri
A priest from the Jagannath Temple in Puri is launching a 300-room luxury resort with a strong spiritual focus. The Rs 200 crore project features a beachside, vegetarian, non-liquor retreat, aiming to combine spiritual tranquility with modern amenities. Set to open before Rath Yatra 2026, the resort targets spiritual tourists and high-end travellers.
The MOAT way: A different approach to long-term investing. 5 non-FMCG consumer stocks with upside potential up to 25%
Companies with well-established brands have often shown that, despite market fluctuations, brand strength sustains them through tough times. Both in terms of business stability and long-term stock performance. While inflationary cycles do impact discretionary spending, the Indian economy presents a unique case. Inflation levels, although currently higher than in the recent past, have averaged significantly lower over the last decade, compared to the previous one. This has allowed consumer-facing businesses to grow steadily even when conventional wisdom suggested they would struggle. Over the past 10 years, companies with strong brands have managed to expand market share, retain pricing power, and maintain customer loyalty, enabling them to defy expectations.
Time to dress up, kiddo: As foreign and indie brands step in, premium kidswear segment is buzzing in India
Suri Cruise paved the way for a trend in premium kidswear, now popular among children of celebrities like North West and Blue Ivy. In India, brands such as Sher Bache and Jacadi Paris are leading the charge. The market is evolving with a focus on quality, exclusivity, and sustainability, indicating significant growth potential in the luxury children’s clothing segment.
Beyond metros: Tier II and III cities emerging as real estate growth hubs
Tier II and III cities in India are emerging as significant players in the real estate market, driven by affordability, infrastructure development, and improved connectivity. These cities now account for nearly half of all land acquisitions by developers, indicating a shift in investment focus and driving sustainable growth.
India vs Pakistan match draws 21 crore TV viewers across JioStar, DD channels
JioStar’s live broadcast of the India vs Pakistan match in the ICC Men’s Champions Trophy 2025 attracted 20.6 crore TV viewers, the second highest in BARC history. Virat Kohli’s milestone of 14,000 ODI runs and appearances by MS Dhoni and Sunny Deol added to the spectacle. Star Sports’ engaging content further boosted viewership and fan enthusiasm.
Premiumisation in Indian spirit happening very fast with income growth: Pernod Ricard India MD
Pernod Ricard India MD Jean Touboul highlights the rapid premiumisation of the liquor industry due to rising disposable incomes and the younger generation's desire for elevated experiences. Touboul acknowledges regulatory challenges in India but notes improving business conditions. Pernod Ricard's focus remains on premium products, despite some mass market presence.
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Marriott Hotels and SmartHomes Infrastructure collaborate to bring Dholera’s first luxury hotel
SmartHomes Infrastructure and Marriott Hotels have partnered to establish Dholera's first 5-star hotel, boosting the city's reputation. This collaboration enhances Dholera’s hospitality sector, underlining its importance as a modern business and tourism hub with state-of-the-art infrastructure, luxury accommodations, and sustainable development. The partnership is seen as a significant milestone for the city’s growth and attractiveness to global investors.
RBI's 14-day VRR auction for Rs 50,000 cr on March 7
This is likely to offset outflows that would happen after corporates pay their quarterly advance taxes by March 15, economists said. The VRR auction comes one day after the RBI announced additional liquidity measures comprising ₹1 lakh crore of open market operations (OMOs) and $10 billion of dollar-rupee buy-sell swaps.
Delhi ahead of global iconic cities, Prague and Madrid, in luxury housing price rise: Knight Frank report
Delhi secured 18th position among 100 global cities in luxury housing price growth, improving from 37th last year with a 6.7% YoY increase. Knight Frank's report also highlights Mumbai and Bengaluru's performance, showing remarkable growth in India's high-end real estate market.
Delhi ranks 18th, Mumbai 21st, Bengaluru 40th globally in luxury housing price rise: Knight Frank
Delhi has jumped to 18th position among 100 global cities for luxury housing price growth, achieving a 6.7% annual increase in 2024. Knight Frank's report highlights significant improvements in Indian cities, with Bengaluru reaching 40th rank and Mumbai slipping to 21st.
'India's pace of growth is key driver for Radisson': Federico J Gonzalez
India should be our number one country in the world in terms of number of hotels. The economic growth in India is significant. But, besides the economic growth and the growth in population and infrastructure, the ambition and dynamism of Indians is one of a kind,” said Federico J. Gonzalez, executive vice chairman, Radisson Hotel Group.
The billionaires' club gets bigger on economic boost
India's economic growth and entrepreneurial spirit have led to a significant increase in the number of billionaires, positioning the country as a major global wealth creator. With 191 billionaires, India ranks third worldwide, contributing to the expansion of luxury property markets in cities like Mumbai, Delhi, and Bengaluru.
India’s rising wealth expands billionaire, HNI count, drives luxury realty
India's economic growth has propelled the rise in billionaires and high-net-worth individuals, reaching 191 billionaires. This surge in wealth has boosted the luxury property markets in Mumbai, Delhi, and Bengaluru, which excelled in global rankings for price growth. Key factors include entrepreneurial dynamism and global integration.
India's millionaire population rise 6 pc in 2024; number of billionaire reaches 191: Knight Frank
The population of Indian high-net-worth individuals increased by 6% to 85,698 in the past year. The wealth landscape in India continues to expand, reflecting strong economic growth and rising investment opportunities, with expectations of further increases in the HNWI population and billionaire ranks by 2028.
Volvo to launch electric SUV EX30 in India this year: Official
Volvo is set to launch the fully electric SUV EX30 in India this year, aligning with its goal to achieve 90-100% electrified car sales by 2030. The company also plans to introduce the new XC60 model. Last year, 25% of Volvo’s sales in India were electric vehicles, comprising the XC40 and C40 models.
Luxury property price boom: See how much $1 million buys in global cities
Monaco remains the costliest city for real estate in 2024, with $1 million buying just 205 sq ft. Meanwhile, Dubai, Seoul, and Manila lead in price growth for luxury properties. Indian cities like Delhi and Mumbai are also seeing rising demand, driven by an increasing population of billionaires and high-net-worth individuals, contributing to significant market shifts.
Rs 8.2 lakh crore wiped off from Tata counters! Should you buy now or wait for stability?
In 2025, the Tata Group faced a severe stock market decline, erasing ₹8.2 lakh crore in market cap across 24 companies, primarily due to heavy FII selling. Major companies like TCS and Tata Motors experienced significant losses. However, experts suggest long-term investment opportunities may arise, despite likely short-term volatility.
Bryan Adams on music, photography and the luxury of simplicity
Singer Bryan Adams has sold more than 100 million records, but what he craves most is life’s authentic moments.
Prada shines despite luxury crisis, Versace rumours swirl
Prada's net profit surged 25% to 839 million euros in 2024, surpassing analyst expectations. Amid a luxury market slowdown, Prada's strong sales growth contrasts with competitors. The brand is in exclusive talks to acquire Versace for nearly 1.5 billion euros, potentially boosting Italy's influence in the luxury sector dominated by French groups.
Insiders only: How the ultra-wealthy shop
Luxury for the ultra-rich now emphasizes exclusivity and personalized experiences. Brands offer private shopping lounges, specialized boutiques, and invitation-only events to cater to high net worth individuals.
Chip is the new oil! Jefferies expects India to quadruple electronics production to Rs 500 billion by 2030—Key stocks to watch
Jefferies highlighted that "chip is the new oil," emphasizing its strategic importance. The firm believes India has strong potential to replicate its automotive sector success in semiconductors as the ecosystem grows.
Versace would widen Prada's reach but fixes could hit short-term profits
An acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience. However, restructuring Versace, which has faced mismanagement and operates at a loss, may take years and impact short-term profits, despite Prada's strong growth.
Ethos ticks well on D-St with rising sales of luxury watches
Ethos added five new stores in the December quarter and 13 in the first nine months of FY25, taking the total count to 73 stores. The company aims to open six more boutiques by the end of FY25. It has signed six exclusive brand partnerships since April, with more collaborations in the pipeline.
Radisson Hotel Group aims to reach 240 hotels in operation and development in 2025
Radisson Hotel Group plans to have 240 hotels in India by 2025, focusing on tier 2 and 3 markets and rising demand for luxury and midscale accommodations. With 194 hotels currently in operation, the group's expansion aims to strengthen Indo-Belgian ties and boost trade and investment, particularly in the hospitality sector.
How a Punjab couple sold cloud space to run a Rs 3,500 crore scam
A couple from Punjab was arrested for running a multi-level marketing fraud. They promised investors high rental value on cloud space which was non-existent. They collected over Rs 3,500 crore and diverted the funds into luxury items and businesses. The Enforcement Directorate seized their properties and assets. The couple was traced to Nepal and brought back to India.
Kuche7 expands leadership team with new partner directors
Kuche7, renowned for its stainless steel modular kitchens, has appointed three new partner directors to boost operational efficiency, brand visibility, and financial stability. The new directors bring significant expertise in manufacturing, brand development, and financial management, marking a key milestone for the company's growth.
They will probably surprise many: 9 stocks from the tourism ecosystem, 6 with upside potential of over 23% in 1 year
As the bears rule the street, take some time off and do a Google search. Check out hotel room rates in Mumbai or Delhi, or, for that matter, any city. Have they come down in the last three months? The answer is no. Now look at the Q3 results for Indigo airline. Is the company showing any stress? The answer is again no. But given the sentiment on the street, we are seeing strong cuts across the board. In such conditions there is a very high possibility that, even in a bearish market, when a sector delivers more than expected, the street will reward it. This may well be true of hotels and the broader tourism ecosystem.
Having the time of their life: When celebs flaunt exclusive watches, they make multiple statements about style and affluence
The ICC Champions Trophy match between India and Pakistan saw Indian cricketer Hardik Pandya sporting a Richard Mille RM 67-02 watch worth Rs 3 crore. Other celebrities donning luxury watches include Rohit Sharma, Diljit Dosanjh, Virat Kohli, Shah Rukh Khan, and NT Rama Rao Jr, each showcasing their high-end timepieces, highlighting their significance in the luxury watch market.
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