India’s power grid creaks under hybrid work model, heatwave

NEW DELHI, India – Indians are cranking up air-conditioning as they are still working from home, while lights come back on offices and factories with an end to COVID-19 curbs, upending power demand patterns amid a heatwave and the country’s worst blackouts in years. India has traditionally seen peak demand late in the evening when … Read more

Bollywood sex worker biopic resonates in India’s brothels

MUMBAI, India – The brothels look brighter, the alleyways are cleaner, and a stirring soundtrack accompanies the protagonists, but a new Bollywood film set in Mumbai’s red-light district has struck a chord with India’s roughly one million sex workers. Gangubai Kathiawadi is a biopic telling the story of a sex worker of the same name … Read more

With giant mall, India’s Reliance sets sights on next gold rush: luxury goods

MUMBAI, India – Indian tycoon Mukesh Ambani is betting a shopping palace within a $1-billion Mumbai business showcase will tap into surging demand for Western luxury goods, installing his Reliance empire as a portal through which most of the biggest brands must pass. Though still small for a country of its size, India’s luxury market … Read more

Mercedes-Benz bets on India’s nouveau riche to drive luxury car sales

India’s startup frenzy and stock market boom are creating a new breed of wealthy splurgers on luxury brands, the 2021 Hurun India Wealth Report shows PUNE, India – Germany’s Mercedes-Benz is betting that an expanding pool of young new millionaires will drive demand for luxury cars in India, creating faster sales growth than for mass … Read more

How Reliance stunned Amazon in battle for India’s Future Retail

Reliance Industries, India’s biggest conglomerate, presses ahead with a shock de facto takeover of prized retail real estate that Amazon has been keen to take part ownership of MUMBAI, India – At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates belonging to India’s biggest retailer … Read more