Archives January 2026

Aretto Opens Its Doors at Vegas Mall, Dwarka

Delhi, Jan 13: Vegas Mall, one of Dwarka’s leading lifestyle and fashion destinations, is delighted to announce the grand opening of Aretto, a specialized kids’ footwear brand, now welcoming shoppers at the mall. The addition of Aretto enhances the mall’s expanding mix of lifestyle and fashion offerings, catering to families and young visitors seeking stylish comfort and quality footwear for children.

Aretto Opens Its Doors at Vegas Mall, Dwarka-1

Aretto is known for blending innovative comfort technology with playful style, designed especially for growing feet. The new store at Vegas Mall presents a curated range of kids’ shoes that prioritize ergonomic design, advanced sole technology, and a joyful in-store experience aligning perfectly with the mall’s commitment to providing diverse, family-friendly retail choices.

“With the launch of Aretto at Vegas Mall, we continue to elevate the shopping experience for families in Dwarka and the wider Delhi-NCR region,” said Ravinder Choudhary, Vice President, Vegas Mall. “We strive to bring brands that resonate with our community’s lifestyle needs, and Aretto’s fresh approach to children’s footwear reflects both innovation and joy values close to our ethos. We look forward to seeing our visitors embrace this exciting new addition.”

Vegas Mall remains dedicated to curating an eclectic and engaging retail environment from national and international fashion brands to experiential shopping concepts. The launch of Aretto reinforces the mall’s position as a go-to destination for quality, variety, and memorable family experiences.

Budget 2026 Must Accelerate Growth and Efficiency in India’s Dairy Sector: Dr. K Rathnam

Dr. K Rathnam, Whole-time Director and Chief Executive Officer, Milky Mist Dairy Food Limited

By:-  Dr. K Rathnam, Whole-time Director and Chief Executive Officer, Milky Mist Dairy Food Limited

“The dairy sector is a cornerstone of India’s food security and rural economy, directly supporting millions of farmers and allied livelihoods. Union Budget 2026 presents a timely opportunity to accelerate the next phase of growth for this vital sector.

We welcome the government’s continued support on the GST front and believe there is scope for further rationalisation of key inputs such as packaging material, refrigeration equipment, animal feed and veterinary services. This would go a long way in easing rising cost pressures and improving overall efficiency across the value chain.

A strong policy push towards strengthening cold-chain infrastructure and logistics is critical. Enhanced capital subsidies, interest subvention schemes and easier access to long-term credit will help bridge existing infrastructure gaps, reduce wastage and improve milk quality, especially in hinterland regions.

Targeted incentives for both dairy companies and farmers are equally important. Initiatives focused on productivity enhancement, fodder development, animal health, affordable cattle insurance and cold-chain logistics can significantly improve farmer incomes while ensuring consistency in supply.

From an industry standpoint, incentives for value-added dairy products, automation, advanced quality-testing laboratories and sustainability initiatives will encourage private players to invest in modern, scalable capacity aligned with global standards.

Overall, a balanced and forward-looking Budget that strengthens farmer incomes, upgrades infrastructure and enables organised dairy players to scale sustainably will create long-term value for the sector and reinforce India’s position as one of the world’s leading dairy economies.”

Kotak Alts Launches Katalyst Awards with ₹25 Lakh Prize to Crown India’s Best Financial Vodcast

Mumbai, Jan 13: Kotak Alternate Asset Managers Limited (“Kotak Alts”) today announced the launch of the inaugural Kotak Alts Katalyst Awards, a first-of-its-kind initiative designed to recognise and celebrate India’s best financial vodcast creator. Featuring a winner-takes-all prize of ₹25 lakh, the award aims to set a new benchmark for credible, high-quality financial content that educates, empowers, and builds confidence among India’s rapidly growing base of young and first-time investors.

The awards are open to Indian financial content creators, with applicants invited to submit one standout vodcast episode that was publicly available on YouTube and released during the 2025 calendar year (January 1 to December 31, 2025). Submissions can be made via katalyst.kotakalternateasset.com until January 31, 2026. Entries will be evaluated by a distinguished panel of industry experts on parameters including content quality, originality, and audience engagement.

Commenting on the initiative, Srini SriniWasan, Managing Director, Kotak Alts, said:

“India is witnessing an unprecedented wave of financial participation, with millions of new investors seeking clarity in an increasingly noisy digital ecosystem. Podcasts and vodcasts have emerged as powerful tools for financial literacy, but the quality and credibility of content vary widely. Katalyst addresses this gap by recognising a creator who simplifies complexity, delivers trust, and makes financial education both engaging and actionable.”

Eligibility and Submission Guidelines

  • Applicants must be Indian citizens residing in India with valid identification.
  • Applicants must have a minimum of 50,000 YouTube subscribers as of December 31, 2025.
  • Applicants should have at least one year of experience producing financial literacy vodcasts, with a minimum of three advisory episodes published by December 31, 2025.
  • One vodcast episode must be submitted, with a minimum duration of five minutes, released between January 1 and December 31, 2025.
  • Content should focus on simplifying finance for young and first-time investors, presented in English or major Indian languages, with English subtitles.
  • Entries must be submitted via katalyst.kotakalternateasset.com by January 31, 2026.
  • Final evaluation will be conducted by an eminent jury; details of the jury and assessment framework will be announced shortly.

The Kotak Alts Katalyst Awards honour creators who prioritise financial literacy over commercial interests—those who cut through digital noise to deliver clear, trustworthy, and impactful investment education. By recognising excellence in financial communication, the initiative seeks to elevate standards across the creator ecosystem, inspire responsible content creation, and foster a culture of informed investing in India.

Through Katalyst, Kotak Alts aims to make financial knowledge more accessible, engaging, and meaningful for millions of Indians, while encouraging creators to uphold the highest levels of authenticity, integrity, and educational value.

Goa Tourism Confirmed as Presenting Sponsor for Inaugural World Legends Pro T20 League

Goa, Jan 13: The World Legends Pro T20 League (WLPTL) has announced Goa Tourism as the Presenting Sponsor for its highly anticipated inaugural season, scheduled to begin on January 26 at the 1919 Cricket Stadium, Verna, Goa.

The debut edition of WLPTL promises an international sporting spectacle, featuring 90 cricketers across six teams, with a stellar lineup of global and Indian cricketing legends. International stars such as Shane Watson, Dale Steyn, Jacques Kallis, Chris Gayle, and Faf du Plessis, along with Indian greats including Shikhar Dhawan, Dinesh Karthik, Harbhajan Singh, among others, have been confirmed for the opening season. The tournament will offer fans in Goa a rare opportunity to witness some of the greatest T20 players in history live in action.

For more than four decades, Goa Tourism has played a pivotal role in shaping the state’s tourism landscape and positioning Goa as one of India’s most preferred travel destinations. The arrival of the World Legends Pro T20 League adds a new dimension to Goa’s appeal, combining elite international cricket with the state’s renowned beaches, heritage, cuisine, and vibrant festivals. The league is set to attract both domestic and international visitors, firmly placing Goa on the global cricket calendar.

Commenting on the association, Rohan Khaunte, Minister for Tourism, IT, E&C, and Printing and Stationery, said:

“Goa is a natural destination for global sporting events, and hosting the World Legends Pro T20 League aligns seamlessly with our vision for tourism and events. By bringing together cricketing legends and fans from around the world, the league will act as a catalyst for tourism, engage local communities and youth, and create meaningful opportunities for local businesses and the hospitality ecosystem, while positioning Goa as a hub for world-class sports entertainment.”

Speaking on the partnership, Mahesh Bhupathi, CEO, SGSE, said:

“We are delighted to welcome Goa Tourism as the Presenting Sponsor for the inaugural season of the World Legends Pro T20 League. Goa offers the perfect blend of vibrant culture and world-class hospitality, making it an ideal destination for a premium international property like WLPTL. This partnership strengthens our vision of delivering a festival-style, high-quality experience for local fans and travelling supporters, while reinforcing Goa’s position as a premier destination for international sporting events.”

Designed as a single-destination, festival-style tournament, the World Legends Pro T20 League aims to deliver a distinctive cricketing experience for fans across the globe. As the countdown to January 26 begins, spectators can look forward to legendary names returning to the field and a celebration of cricket set against the backdrop of one of India’s most iconic destinations.

BSE Index Services Launches BSE 150 Midcap Universe Factor Indices

Mumbai, Jan 13: BSE Index Services Pvt. Ltd., a wholly owned subsidiary of BSE, today announced the launch of four new factor indices derived from the BSE 150 Midcap Index as the universe, with a 5% stock-level capping.

These indices are reconstituted quarterly, have a base value of 1,000, and a first value date of June 20, 2005. The methodology also includes an additional screening criterion of 100% stock trading frequency, ensuring robust liquidity and investability.

Newly Launched Indices

  • BSE Midcap 150 Enhanced Value 30
    Measures the performance of the 30 companies within the BSE 150 Midcap Index with the most attractive valuations, based on proprietary value scores.

  • BSE Midcap 150 Momentum 30
    Tracks the performance of the 30 companies in the BSE 150 Midcap Index that demonstrate the strongest persistence in relative performance, based on momentum scores.

  • BSE Midcap 150 Low Volatility 30
    Measures the performance of the 30 least volatile companies within the BSE 150 Midcap universe.

  • BSE Midcap 150 Quality 30
    Tracks the performance of the 30 highest-quality companies in the BSE 150 Midcap Index, selected based on quality scores.

Commenting on the launch, Ashutosh Singh, Managing Director & CEO, BSE Index Services Pvt. Ltd., said:

“Mid-cap stocks are a critical building block in long-term investment portfolios. With this launch, BSE’s factor indices now span large caps, large-mid caps, the broad BSE 500 universe, and mid-caps. Our objective is to create a seamless, institution-grade, investable factor continuum while enabling ETF and passive fund managers to build coherent, market-wide strategies aligned with varying risk–return objectives.”

The newly launched indices are designed to support passive investment strategies, including exchange-traded funds (ETFs) and index funds. They can also serve as effective benchmarks for portfolio management services (PMS), mutual fund schemes, and institutional portfolios.

With this expansion, investors and asset managers gain access to a broader and more structured set of factor-based investment opportunities, further strengthening BSE’s comprehensive suite of benchmark and thematic indices.

Goa Tourism Reiterates Zero Tolerance for Harassment, Acts Swiftly on Viral Video Incident

Panaji, Jan 13: The Department of Tourism, Government of Goa, has reiterated its zero-tolerance policy towards harassment and unruly behaviour involving tourists, particularly incidents that compromise the safety and dignity of women.

Responding to a recent incident involving the harassment of a woman tourist, Tourism Minister Rohan A. Khaunte stated that such behaviour will not be tolerated under any circumstances. He emphasised that while Goa welcomes responsible tourists, strict action will be taken against anyone who violates the law or disrespects individuals.

“We do not tolerate unruly behaviour that attempts to outrage the modesty of women. Goa stands for safety, dignity and responsible tourism. Based on the viral video, a police complaint was immediately filed and prompt action was ensured. The Government of Goa will not take such incidents lightly, and the police have acted swiftly to address the matter,” the Minister said.

The incident, which was captured on video and widely circulated on social media, reportedly involved an intoxicated individual blocking the path of a woman tourist at a beach shack and behaving in an inappropriate manner. The individual allegedly made lewd and suggestive gestures, causing distress to the tourist. Authorities intervened immediately after the video came to light.

Following the incident, the Goa Tourism Department lodged a formal complaint at the Calangute Police Station. An FIR has been registered against the accused under relevant provisions of the Bharatiya Nyaya Sanhita (BNS), 2023, including Sections 74, 75 and 79, along with other applicable sections of law.

Commenting on the incident, Director of Tourism Kedar Naik said the Department remains fully committed to ensuring a safe and respectful environment for all visitors.

“The Department of Tourism works closely with local administration and law enforcement agencies to address such incidents promptly. Any act of harassment or misconduct will be dealt with strictly in accordance with the law, to uphold Goa’s reputation as a safe and welcoming destination,” he said.

The Department of Tourism has reaffirmed that the safety, dignity and well-being of tourists remain a top priority. Strict action will continue to be taken against individuals indulging in harassment or misconduct, reinforcing the State’s commitment to maintaining a safe and respectful environment for all.

The Government of Goa urges all visitors to adhere to the law, respect local values, and contribute positively to Goa’s tourism ecosystem.

Cathay Welcomes Peking University Study Advancing China’s Sustainable Aviation Fuel Ecosystem

Hong Kong / Beijing, Jan 13: Cathay has welcomed the release of Igniting the SAF Market: Policy Pathways for Scaling Sustainable Aviation Fuel in China, a comprehensive research study published by Peking University’s National School of Development in late 2025. The study provides timely and actionable insights into accelerating the adoption of sustainable aviation fuel (SAF) across the Chinese Mainland, addressing both supply- and demand-side challenges.

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The report analyses the current barriers and untapped potential in scaling SAF production and deployment in China, drawing on global best practices and benchmarking them against the country’s successful solar photovoltaic industry. It highlights China’s strong feedstock availability and manufacturing capabilities, while evaluating long-term cost trajectories across multiple SAF production pathways.

Notably, the study identifies the Power-to-Liquid (PtL) pathway commonly used to produce electro-sustainable aviation fuel (eSAF)—as having the greatest potential for long-term cost reduction. With appropriate policy support, locally produced SAF via the PtL route could achieve price parity with conventional jet fuel, inclusive of China’s projected 2030 carbon price, once cumulative eSAF production reaches approximately 1.6 million tonnes.

The study further recommends a multi-pronged approach to building a robust national SAF ecosystem. Key measures include policy integration, stimulating market demand, expanding access to international markets, and establishing procurement mechanisms that ensure long-term supply and demand stability.

Commenting on the findings, Grace Cheung, General Manager Sustainability at Cathay, said:

“As a vital player in global aviation and the SAF ecosystem, the Chinese Mainland’s development of its domestic SAF industry not only supports national carbon targets, but also contributes to improving the global availability and affordability of sustainable aviation fuel.”

“This study by Peking University is highly encouraging, as it demonstrates the long-term potential for cost parity between SAF and conventional jet fuel. Achieving this will require sustained support for new technologies, large-scale SAF production, and policy frameworks that address both supply and demand. Such progress is essential for global airlines to scale SAF usage in a commercially viable manner.”

Cathay has been a longstanding supporter of SAF development in the Chinese Mainland and globally. The Group was among the early adopters of Chinese-made SAF, uplifting SAF at Hong Kong International Airport, Amsterdam Schiphol Airport, and London Heathrow Airport.

SAF remains a critical pillar of aviation’s decarbonisation pathway. Compared with conventional jet fuel, SAF can reduce lifecycle carbon emissions by around 80%, based on the SAF procured by the Cathay Group in 2024.

Avakai Amaravati festival for arts, culture and cinema a grand success

Vijayawada, Jan 13: The inaugural edition of Avakai  Amaravati Festival of Cinema, Culture and Literature concluded successfully after three vibrant days of immersive cultural programming, marking a significant milestone in Andhra Pradesh’s cultural calendar. Conceived as a large-scale public cultural initiative, the festival brought together cinema, literature, music, theatre and the performing arts, creating a dynamic platform that celebrated Telugu heritage while engaging contemporary creative voices. Spread across Bhavani Island and Punnami Ghat along the Krishna river, Avakai witnessed enthusiastic participation from artists, writers, filmmakers and, most significantly, thousands of children, college students and families, who became the heartbeat of the festival.

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From morning to late evening, the venues buzzed with curiosity, excitement and emotional engagement, as young audiences encountered traditional and contemporary art forms—many for the first time. Their active participation, questions, applause and hands-on involvement established Avakai as a people-driven, inclusive cultural celebration, rooted in community ownership and shared experience.

Day One set a powerful tone by transforming the Krishna riverfront into a living cultural canvas. A grand procession featuring giant puppets, Teen Maar drummers and musical ensembles animated public spaces, drawing families and passersby into the festival’s celebratory spirit. The ceremonial inauguration, sacred musical ensemble and the world premiere of Love Story – A Musical, created exclusively for Avakai, emerged as defining highlights. Interactive art installations and traditional craft demonstrations encouraged visitors—especially children and students—to engage directly with Telugu artistic practices, making culture accessible, participatory and immersive from the outset.

Day Two deepened the festival’s intellectual and creative engagement through a rich mix of literary conversations, cinema-focused discussions and hands-on workshops. Writers, filmmakers, journalists and cultural practitioners examined the evolving relationship between literature and cinema, storytelling across formats, language, translation and changing audience sensibilities. Conversations explored how classical narratives continue to inspire contemporary cinema, the challenges of storytelling in the age of OTT platforms, and the responsibility of writers and filmmakers in shaping cultural memory.

Workshops emerged as some of the most animated spaces of the festival. Martial arts, Nagada percussion, puppet-making, dance and Kalamkari art sessions saw sustained participation throughout the day, with children and college students immersing themselves in rhythm, movement and storytelling. These high-energy workshops became spaces of learning and discovery, fostering intergenerational exchange and nurturing creativity, confidence and cultural curiosity among young participants.

Day Three brought the festival to a resonant crescendo, weaving together storytelling, dialogue and performance. Sessions such as Katha Kalakshepam: Timeless Tales through Music and Word by StoryHour UK, Words on Water – Katha TarangaluFriday Release: Cinema and JournalismSundaramaina Telugu – Glory of Telugu Literature and Cinema, and The Art of Translation: Words without Borders explored Telugu oral traditions, literary heritage, cinema, language and cross-cultural translation. Parallel workshops continued to draw enthusiastic participation, reinforcing Avakai’s commitment to experiential learning.

As evening descended, Punnami Ghat transformed into a vibrant performance arena. Live performances by ChowraastaNatasaarvabhowma NTR – Homage to the Vishwaroopam of Acting, the musical theatre presentation Love Story, and a soulful concert by Javed Ali drew large crowds, bringing the Krishna riverfront alive late into the night and providing a grand, emotionally charged conclusion to the festival.

Beyond cultural celebration, Avakai significantly contributed to tourism and local economic activity in Vijayawada. The city witnessed increased visitor movement across venues, while local vendors, food stalls, artisans and small businesses benefited from the festival’s scale and footfall. Avakai functioned as a creative marketplace where culture and livelihood intersected, demonstrating how public festivals can drive sustainable, culture-led economic growth.

Hon’ble Minister for Tourism & Culture, Shri Kandula Durgesh, said,

“Avakai demonstrates how culture can play a transformative role in public engagement, tourism and the creative economy, particularly for Telugu youth. Over three days, the festival has showcased the richness of Telugu arts while positioning Vijayawada and Amaravati as vibrant cultural destinations. By integrating cinema, literature and performance into public spaces, Avakai has created meaningful cultural experiences and sets the tone for upcoming major cultural events in the state. I am pleased to announce that the next edition of Avakai Amaravati Festival will be held from December 17 to 19, 2026.”

Mr. Sanjoy K. Roy, Managing Director of Teamwork Arts, said,

“Avakai has been envisioned as a shared cultural dialogue, and its success is the result of collective effort. We thank the Government of Andhra Pradesh and the Hon’ble Tourism & Culture Minister for their vision and support. I would also like to acknowledge the local vendors and stall owners who animated the festival spaces, the sanitation workers who ensured cleanliness, the Vijayawada Municipal Corporation, police and SDRF teams for seamless coordination, and the cultural troupes of the Andhra Pradesh Government. Most importantly, the people of Vijayawada and Andhra Pradesh made Avakai a truly public festival through their warmth, participation and ownership.”

Syed Shams Jawaid, Vice President, Teamwork Arts and Festival Producer, added,

“Avakai demonstrates the power of collaboration between government, cultural institutions and private partners in building inclusive cultural ecosystems. The enthusiastic response from young audiences reaffirms the importance of platforms that encourage learning, participation and innovation. We are grateful to partners such as Kia India, whose support reflects a commitment to the creative economy, youth engagement and future-facing cultural spaces, and Shirdi Sai Electricals Limited, whose infrastructure and operational support were critical to delivering a festival of this scale. Avakai has opened new opportunities for artists and practitioners while remaining deeply rooted in Telugu traditions.”

As the curtains came down on its inaugural edition, Avakai Amaravati Festival of Cinema, Culture and Literature concluded as more than a three-day event. It emerged as a long-term cultural movement—connecting heritage with innovation, public participation with economic opportunity, and local creativity with global exchange—firmly reinforcing Amaravati’s place on India’s cultural map.

HCLTech to partner with The Magnum Ice Cream Company to modernize its digital foundation

 NOIDA, India, Jan 13:  HCLTech, a leading global technology company, has entered into a multi-year partnership to design, build and manage a future-ready IT infrastructure for The Magnum Ice Cream Company (TMICC), the world’s largest ice cream company. In the coming years, HCLTech will deploy its AI Force platform to embed AI across TMICC’s digital infrastructure.

HCLTech’s solutions integrate predictive analytics, improve business process observability and keep user experience at the heart of its clients operating model to deliver scalable, resilient IT operations around across the globe. Central to the partnership with TMICC is the evolution from AIOps to a NoOps operating model, enabling zero-touch automation and agentic solutions for fully autonomous IT operations.

“As The Magnum Ice Cream Company advances as an independent listed ice cream company, we are infusing intelligence into every layer of our digital foundation. Our partnership with HCLTech is instrumental in building a secure, future-ready infrastructure. Together, we are unlocking advanced AI capabilities that will redefine operational excellence and elevate the experiences we deliver,” said Mark O’Brien, Chief Technology Officer, The Magnum Ice Cream Company.

The new partnership demonstrates HCLTech’s innovation, agility and operational excellence within the consumer-packaged goods industry, driving technology-led transformation and enhancing customer experience. HCLTech’s proven methodology will ensure TMICC can navigate a seamless Transition Service Agreement (TSA) exit from Unilever and establish a greenfield IT infrastructure to build an AI-powered digital ice cream future.

“This partnership reinforces HCLTech’s leadership in driving complex, global transformations backed by deep domain expertise. We look forward to contributing to TMICC’s growth vision and strategy with the best of technology and global talent,” added C Vijayakumar, CEO & Managing Director, HCLTech

PRIF’s Initiative Raftaar Expands Access to Organized Sports to 1,600+ Tribal Youth in Maharashtra, 50 Percent of Top Performers Are Girls

Mumbai, Jan 13: On National Youth Day, Pernod Ricard India Foundation (PRIF) marks three years of Raftaar, a structured athletic training program implemented in partnership with the Bridges of Sports Foundation for tribal youth under the age of 14 across three villages—Talegaon, Awankhed and Karanji—in Dindori Taluka, Nashik. So far, Raftaar has reached more than 1,600 tribal children through community sports events, 531 through regular training which includes 20 athletes who received structured training in sprinting. Girls constitute 50% of the program’s top performers, demonstrating visible shifts in participation and confidence. Programs such as Raftaar reflect PRIF’s commitment to Diversity and Inclusion (D&I) in working for an equitable society using sports as a tool for inclusion, discipline, and opportunity.

Raftaar girl athletes winning medals in Prakalp Sthariya Kirda Spardha 2024-25 ( Taluka Level Competition)

As per reports, access to organised sports in India remains limited. Only 1% of Indian youth under the age of 35 participate in organised sports, while women’s participation stands at 29%, significantly below the global average of 40%. For tribal youth in regions such as Dindori, Nashik, these gaps are further compounded by schools lacking physical education teachers, sports equipment, and means to identify talent. Girls are often the first to be withdrawn from physical activity due to social expectations, restricting opportunities for holistic development and confidence.

Launched in 2022, Project Raftaar was launched based on assessment of the sports ecosystem in over 20 primary schools and through interaction with teachers, parents and children. The program identifies talent through fitness tests and supports them with regular coaching, sports gear, and nutrition. Athletes demonstrating higher potential receive advanced training and opportunities to participate in state-level competitions. Over the past three years, the program has conducted over 300 training sessions. The program has trained nine local coaches drawn from the community, strengthening local capacity and supporting long-term continuity. Athletes supported through Raftaar have won over 50 medals across district, state and national level competitions, compared to one medal in the year prior to the program.

Mr. Gagandeep Sethi, Senior Vice President, Integrated Operations, Sustainability & Responsibility, Pernod Ricard India, said, 

“Diversity and inclusion are central to PRIF’s work. Through Raftaar, we are supporting structured access to sports for tribal youth while strengthening local coaching capacity and encouraging greater participation among youth in tribal regions of Maharashtra.”

To strengthen local infrastructure, a community sports gym-cum-activity room is established at Gurukul School, Karanji, benefiting school and community children through regular access to training facilities.

In the long term, Raftaar aims to support more tribal youth in accessing national sports academies, sports-related careers, and opportunities in the armed forces, while continuing to strengthen community-led initiatives.