Retail

OMA Restores Woodburn Court to Former Glory, Bringing Luxury Home Decor to Kolkata

OMA, India’s leading luxury home decor brand, has opened its flagship store in Kolkata, housed within the beautifully restored Woodburn Court building on Elgin Road. This grand launch not only marks OMA’s entry into the cultural heart of Kolkata but also celebrates the revival of one of the city’s iconic architectural landmarks. The Woodburn Court …

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Somersault & Ek Packet Umeed create unforgettable memories for NGO kids by celebrating Independence Day, “Smiles of Freedom”

In a heartwarming celebration of Independence Day, Somersault in collaboration with Ek Packet Umeed, hosted an inspiring event, “Smiles of Freedom”, filled with joy and laughter. This special occasion brought together over 20 exuberant children from the NGOs VIDYA India and VIHAAN, transforming Somersault’s indoor playground and café into a vibrant wonderland of joy and unity. The …

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HOW NEW-AGE FASHION AND LIFESTYLE BRANDS ARE FOCUSSING ON PRESERVATION AND CONTRIBUTING TO THE ECONOMY

The fashion industry is a massive player in the global economy, raking in billions every year. But it comes with a hefty environmental cost. This is why sustainable fashion is becoming such an important topic worldwide. In India, a major textile producer, there’s a growing movement towards more eco-friendly fashion. Even though India’s textile and …

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Delhivery Prepares to Launch 2-Hour Delivery Service to Capitalize on Rapid Growth in Quick Commerce

Delhivery is gearing up to offer 2-hour delivery services as part of its strategy to tap into the rapidly growing quick commerce sector. The logistics powerhouse aims to establish a network of multi-tenant dark stores to enhance delivery speeds for eCommerce businesses, targeting 2-4 hour fulfillment times. This micro-fulfillment strategy is becoming more popular as …

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West Bengal Makes Major Strides in Global Investment: Key Meeting with Industry Leaders

West Bengal Makes Big Strides in Attracting Global Investment: A Major Meeting with Industry Leaders! Last Friday, Hon’ble Minister Babul Supriyo welcomed a distinguished group of executives from some of the world’s most prominent companies, including Grant Thornton Bharat LLP, Oracle, Amazon, Wipro, RSM, Cognizant, Capgemini, IBM, Northern Trust, Cargill, Kimberly-Clark, and Frauscher Sensor Technology …

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Finance Minister Nirmala Sitharaman Unveils Union Budget for FY25

Finance Minister Nirmala Sitharaman presented the Union Budget for FY25. The budget emphasizes employment, skills development, and support for MSMEs, while noting that inflation is stable and progressing towards the 4% target. Key highlights include: The standard deduction for salaried employees will increase to ₹75,000 from ₹50,000 under the new income tax regime for FY25. …

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MapmyIndia Issues Legal Notice to Ola, Accusing Use of Data for Ola Maps Development

Map my India has issued an intellectual property legal notice to Bhavish Aggarwal‘s Ola, accusing the ride-hailing company of using its data to develop Ola Maps as reported by Forbes. Ola Maps serves as the in-house navigation and location service for Ola. Map My India is owned by CE Info Systems. The complaint alleges that …

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Kolkata Airport to Undergo ₹5,000-Crore Expansion, Marking a Major Transformation

Kolkata Airport is set to undergo a significant transformation with an Rs 5,000-crore expansion plan. The project will introduce a new integrated terminal for both domestic and international travellers, designed to handle 1.1 crore passengers annually. Construction will begin next August with the demolition of the old domestic terminal and air traffic services building. According …

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Removal of Angel Tax and Revision of Section 56 of the IT Act: A Major Boost for Domestic Companies and Investors

The proposed removal of the Angel tax, specifically the revision of Section 56 of the IT Act, represents a major advancement for domestic companies and investors. Initially introduced to prevent value manipulation among resident taxpayers, the tax was later extended to non-residents, raising significant concerns within the industry. Angel tax, as outlined in Section 56(2)(viib) …

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