Shapewear finds its fit as India’s fashion brands chase steady support

From established players to startups, apparel brands are increasingly focusing on shapewear—body-hugging innerwear worn under clothes to provide support and improve fit—as it delivers steady demand even when fashion spending is weak. Easy availability on quick-commerce platforms and strong discoverability on social media are repositioning shapewear from an occasional purchase to a wardrobe essential for…

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More companies are going to take a knock from the labour code rollout

The corporate landscape may see a surge in expenses in the December quarter, as the impact of India’s historic labour reforms hits home. While the shift is expected to dampen short-term profitability, executives and consultants described it as a short-term adjustment, particularly in the services sector. On Monday, two of India’s largest information technology services…

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Govt meets 20 firms on ₹7,280-crore rare earth magnets scheme

New Delhi: Union heavy industries minister H.D. Kumaraswamy on Monday chaired a stakeholder consultation with about 20 companies on the ₹7,280-crore scheme to incentivize manufacturing of sintered rare earth magnets. The meeting underscores India’s push to build a domestic supply chain for rare-earth magnets, a critical input for electric vehicles (EVs), renewables and defence equipment….

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Banking in digital era: Three things RBI wants lenders to keep in mind

Supervision in the digital era will be less forgiving of episodic compliance, outsourced accountability and opaque algorithms, Reserve Bank of India (RBI) deputy governor Swaminathan J. said on Monday, in a pointed message to banks and other regulated entities. Speaking at the third annual global conference of the RBI’s College of Supervisors in Mumbai, Swaminathan…

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Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say

NEW DELHI/SINGAPORE, Jan 12 (Reuters) – Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, several trade sources said on Monday. The global commodities traders confirmed on Friday they had struck agreements with the U.S. government to help market stranded…

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Patience, patents, and big bets

Undeterred, Vempati, founder of the Hyderabad-based deep-tech startup Makers Hive, turned to strategic angel investors, doctors, hospital heads and industry insiders, who understood the problem and the patience it would take to solve it. It took years for venture capital to come calling. A few months ago, Makers Hive finally raised its first VC-backed bridge…

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