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WEDDING WALTZ • THE UPCOMING WEDDING SEASON FROM NOVEMBER 23 TO DECEMBER 15 WILL SEE AROUND 3.5 MILLION NUPTIALS, AGAINST 3.2 MILLION LAST YEAR. HERE’S HOW MUCH BUSINESS WEDDINGS WILL GENERATE THIS SEASON:
MONEY TALKS • THE LUXURY GOODS MARKET IN INDIA IS PROJECTED TO GROW TO ₹82,186 CRORE BY 2027, FROM ₹53,561 CRORE IN 2022, PER MARKET RESEARCH FIRM EUROMONITOR INTERNATIONAL. HERE’S WHAT DATA REVEALS ABOUT THE WORLD OF THE RICH:
FIRM FOOTING • The BT-C Fore Business Confidence Index is at a six-quarter high. Businesses are confident of a sustained recovery in demand this festive season, but the Middle East conflict is dampening sentiment
Steady Hand • Ashok Vaswani’s entry as MD and CEO paves the way for Kotak Mahindra Bank’s new journey
SHOT IN THE ARM • SAT has set aside Sebi’s interim order barring Subhash Chandra and Punit Goenka. It’s over now to the regulator if it wishes to pursue the case
A Tangled Tale • With Byju’s releasing only partial numbers for FY22, the mystery around its overall financial health continues
VOLATILITY AHEAD • The headwinds pulling down the markets and making investors bearish are still at play, and are showing no signs of abating anytime soon
Look Good Feel Better • The festive season is already here and calenders are lining up with social events & parties. It is time to put your best foot forward, get ready in your finest festive skirts and lehengas and style those shoes & jackets to ensure that your wardrobe is on point.
A Perfect Fit • If JSW Group’s foray into the EV space comes to fruition and it acquires Ford’s Maraimalai Nagar plant, it could transform India’s EV market
AUDITING THE AUDITORS • Are auditors the only ones responsible for reporting corporate fraud? While regulators expect them to take a more active role and more measures are in the offing, where does the buck stop?
WHO IS RESPONSIBLE?
BAD APPLES EXIST
STATUTORY AUDIT: WHY AND HOW
CESSATION OF AUDITORS
A SNAPSHOT OF INDIA INC.
‘‘Those who understand humans well will win in advertising’’ • Devika Bulchandani, Global CEO of Ogilvy, and Piyush Pandey, Chairman-Global Creative and Executive Chairman of Ogilvy India, talk about the evolution and future of advertising, data, and the potential for campaigns that have a long-term impact
THE LUXURY MARKET’S TWO-WAY STREET • Indian designers are making a splash on the world stage, while the biggest of global brands are wooing India’s growing affluent class like never before
SABYA’S 100-YEAR STRATEGY • Fashion designer Sabyasachi Mukherjee is prepping his brand to last more than a century by making big plans for the next 20 years
Savour the Experience • With the well-heeled looking for a complete experience rather than a holiday, luxury boutique hotel association Relais & Châteaux is looking to expand its presence in India
Glorious Time • From watches inspired by the Naturalists’ voyage on the Beagle to ones that ring an alarm at a set depth when diving underwater, a look at some exceptional watches launched recently
CRAFTING LEGACY • Mumbai-based atelier Chanakya International has become a force in haute couture. Christian Dior’s recent Pre-Fall show was just the latest demonstration of this
A Slice of Indulgence • THE FRACTIONAL OWNERSHIP MODEL FOR LUXURY ASSETS IS BOOMING IN INDIA AS HNIS INCREASINGLY SEEK A HASSLE-FREE PREMIUM EXPERIENCE
Porcelain Lustre • As a strategic market with a focus on growth, Spanish luxury porcelain brand Lladró has opened...