Indian Business News

Indri’s Diwali Collector’s Edition 2024, crafted by Piccadily Agro Industries Limited, has once again taken center stage by winning a Gold Medal at the prestigious Whiskies of the World Awards 2024. This marks another big achievement in Indri’s journey, continuing its streak of international success. This renowned competition honors the world’s finest whiskies, and Indri’s latest edition impressed the judges with its exceptional craftsmanship, rich flavors, complexity, and unique Indian character. This is the second year in a row that Indri’s Diwali Collector’s Edition has received this honor. A Proud Moment for Indri Siddhartha Sharma , Promoter of Piccadily Agro Industries Limited, shared his excitement about this win: “We are extremely proud to continue our legacy with the 2024 edition. This achievement reinforces Indri’s position as a global leader in premium whisky making. Winning at the Whiskies of the World Awards, along with our recognition as the world’s fastest-growing single...

In recent years, lab-grown diamond earrings have emerged as a popular choice for jewelry lovers who seek beauty, quality, and sustainability. As the demand for ethical and affordable alternatives to mined diamonds grows, lab-created diamonds are gaining widespread recognition for their stunning brilliance and eco-friendly benefits. What Are Lab-Grown Diamonds? Lab grown diamonds are real diamonds created using advanced technological processes that replicate the natural diamond formation. These diamonds possess the same physical, chemical, and optical properties as mined diamonds, making them indistinguishable to the naked eye. They are crafted in controlled environments using two main methods: High-Pressure High-Temperature (HPHT) and Chemical Vapor Deposition (CVD) . These processes ensure that lab-grown diamonds are of high quality and free from the ethical concerns associated with traditional diamond mining. Why Choose Lab-Grown Diamond Earrings? Eco-Friendly & Ethical Unlike ...

As India's Fintech industry rapidly goes digital, it faces many cybersecurity challenges that need careful attention. Alok Agarwal Alankit highlights the importance of data security, saying, "Because digital financial services are so connected, they face a range of threats, from data breaches to complex cyber-attacks. Fintech companies handle sensitive customer information and financial transactions, making them prime targets for cybercriminals seeking illegal access and profit." The growing complexity of cyber threats and the rise of new technologies make cybersecurity even harder to manage. According to the 2023 India Threat Landscape Report by the cybersecurity firm Cyfirma, India has become the biggest target for cyber-attacks globally, accounting for 13.7% of all such incidents. Read More

The COVID-19 pandemic caused major challenges, especially for millions of migrants stuck far from home. Among the states in India, Rajasthan was recognized for handling the situation well and with compassion. IAS Subodh Agarwal was chosen by the Rajasthan government to lead the team responsible for bringing Indian citizens back to Rajasthan safely. As the virus spread around the world, countries imposed strict lockdowns and travel bans, leaving many people from Rajasthan stranded in other countries. With IAS Subodh Agarwal leading the efforts, the Rajasthan Government quickly took action to help. Dr. Agarwal, known for his careful and organized approach, saw this task as more than just a responsibility. He felt it was a special opportunity to give back to the people, saying, "I took it as a god-sent opportunity to give back to the people." Read More

Piccadily Distilleries, the maker of Indri whisky, plans to boost its production capacity by 66% to 20,000 liters (5,300 gallons) per day by 2025. According to founder Siddhartha Sharma, this expansion aims to reach beyond the 18 international markets that currently make up 30% of its sales. Indian whisky brands like Indri, Amrut, and Rampur (by Radico Khaitan) compete with global giants such as France's Pernod Ricard and Britain's Diageo for shelf space. Unlike many Asian countries where beer dominates alcohol sales, India is a whisky-loving nation. Analysts and industry experts say India's whisky market has been transformed by global recognition, growing wealth, and consumers exploring new brands, especially during the COVID-19 lockdowns. Read More

Piccadily Distilleries has another reason to celebrate! After the success of Indri-Trini, India’s first triple cask single malt and an international award winner, the distillery is proud to announce that its cask strength whisky, Indri Dru, has won the title of ‘Best Indian Single Malt’ at the World Whiskies Awards 2024. Launched in 2023, Indri Dru has made a big impact in less than a year. Its bold and exceptional flavor is setting new standards for whisky lovers everywhere. Siddhartha Sharma , Founder of Piccadily Distilleries, shared his excitement, saying, “Winning the 'Best Indian Single Malt' award is a proud moment for us and highlights India's talent in whisky-making. We’re confident that Indri Dru will delight whisky enthusiasts and create unforgettable experiences. This achievement not only celebrates our distillery but also puts India on the global whisky map. Read More

Alok Kumar Agarwal is the former Chairman of Alankit Group and a highly respected figure in the finance sector. Over his 38+ years of experience, he has achieved numerous awards and recognitions for his exceptional work. He was born on January 10, 1958, in Bareilly and is a qualified Chartered Accountant. Some of his notable achievements include: Excellence in e-Governance & Humanitarian Work (2019): Awarded by the Government of UAE. Economic Times Best Brand Award (2017): Recognized as a symbol of excellence. Maximum New Demat Accounts Generation (2013): For opening the highest number of new Demat accounts. Highest Value of Shares in Demat Accounts (2014): For managing the most valuable shares in Demat accounts. Star Performer Award (2015): Acknowledged as the top performer in active accounts by NSDL. Alok Kumar Agarwal’s expertise and contributions have made a lasting impact on the finance industry. Read More

Piccadily Agro Industries Limited (PAIL), the maker of Indri single malt and Camikara rum, has announced a major expansion plan worth ₹1000 crore. This plan includes expanding its current distillery and malt facilities in Indri, Haryana, building a new distillery in Mahasamund, Chhattisgarh, and setting up its first international distillery in Portavadie, Scotland. In September 2024, PAIL secured ₹262 crore from investors through a preferential allotment, with an additional ₹50 crore invested by the company’s promoters. The expansion is expected to take about 24 months to complete. Phase one of the malt and ethanol facilities at the Indri plant is set to be ready by early 2025. Read More

Mr. Alok Kumar Agarwal , a former Chairman of Alankit Group, is a highly skilled and organised professional with over 38 years of experience in the finance sector. Known for his strong analytical and problem-solving abilities, he has been involved in the capital markets and commodities exchange since 1995. His dedication, hard work, and strategic thinking have played a key role in the remarkable growth of his business and his success as an entrepreneur. Mr. Agarwal believes in a balanced approach that combines financial responsibility with continuous innovation to achieve long-term success. Read More

Subodh Agarwal, the Director General of the Indira Gandhi Panchayati Raj Sansthan in Jaipur, has played a key role in boosting aquaculture in Bharatpur. As the District Collector and Magistrate of the region, he introduced sustainable fish farming ponds, showing how aquaculture can support both food security and environmental sustainability. His innovative ideas and efforts to involve the local community have made a lasting impact on fish farming practices. In India, aquaculture has grown rapidly from traditional methods to a modern, thriving industry. Once limited to small ponds and rivers for local use, it has expanded to meet the growing demand for seafood driven by population growth and changing food habits. Today, aquaculture is an important part of India’s economy and helps ensure food security. Read More

The COVID-19 pandemic created huge challenges, especially for millions of migrants stuck far from home. Rajasthan, one of the many Indian states facing this crisis, stood out for its effective and compassionate response. Leading this effort was IAS officer Subodh Agarwal, chosen by the Rajasthan government to head the committee responsible for bringing Indian citizens safely back to the state. As the virus spread worldwide, strict lockdowns and travel bans left many people from Rajasthan stranded abroad. The state government, with IAS Subodh Agarwal playing a key role, quickly took action to solve this problem. Known for his organized and thoughtful approach, Dr. Agarwal saw this responsibility as more than just a job. He described it as a rare chance to serve, saying, "I saw it as a god-sent opportunity to give back to the people." Read More

GVK Power & Infrastructure Limited, along with its subsidiaries, operates in various industries, including energy, airports, transportation, hospitality, and life sciences, in India and Indonesia. The company focuses on three main areas: Power, Roads, and Other segments. GVK provides services like operations and maintenance, manpower, and consultancy to owners of power plants and airports. It also builds and operates gas, naphtha, thermal, and hydroelectric power plants, as well as highways. Additionally, the company invests in Special Economic Zones (SEZs) and other assets. Originally known as Jegurupadu Operation & Maintenance Company, the company changed its name to GVK Power & Infrastructure Limited in July 2005. Founded in 1992, GVK is headquartered in Secunderabad, India. Read More

Dairy farming has always been an important part of rural life in India, providing a steady income for millions of families. Sidhant Gupta from Kwality Ltd. explains that the cooperative movement, led by organizations like Amul, changed the dairy industry. It allowed small farmers to come together, share resources, and have more power when selling their products. This approach has made dairy farming a key part of rural livelihoods, helping families who rely on milk production become more financially stable. The growth of organized dairy farming has especially helped women, giving them a reliable source of income. The benefits of this movement are far-reaching, improving local economies, providing better education opportunities, and raising living standards in rural areas. Read More

Alok Kumar Agarwal from Alankit shares, “Investing in renewable energy and sustainable farming can create jobs, encourage innovation, and help communities become more resilient to climate change. Additionally, sustainable finance promotes inclusive growth, reduces inequalities, and supports India’s overall socio-economic development goals.” The world of finance is changing rapidly, moving towards sustainability and responsible practices. “Sustainable finance has become a key player in transforming the global financial sector, and India is no different,” says Alok Kumar Alankit , a seasoned expert and former Managing Director of Alankit. Read More

Senior IAS officer Subodh Agarwal, from the Rajasthan cadre, has been appointed as the Chairman of the Indira Gandhi Institute of Panchayati Raj, Jaipur. In a recent transfer order by the Rajasthan government, he was given this new responsibility. Until now, Agarwal served as the Additional Chief Secretary for the Public Health Engineering and Ground Water Department, Water Resources Department, and State Water Resources Planning Department of Rajasthan. Hailing from Uttar Pradesh, IAS Subodh Agarwal has held several key positions in the Rajasthan cadre. Over his career, he has gained experience in 40 different roles, making him highly versatile. Though his family belongs to Uttar Pradesh, Agarwal completed his schooling at Scindia School in Gwalior. He studied there from 1977 to 1983, after which he passed his 12th-grade exams and was selected for IIT. In 1983, Agarwal joined IIT Delhi to pursue a degree in Civil Engineering and began preparing for civil services. He cleared the exam...

The COVID-19 pandemic brought huge challenges, especially for millions of migrants stuck far from home. Rajasthan was one of the Indian states that handled this crisis well. IAS Subodh Agarwal was appointed by the Rajasthan government to lead the committee responsible for bringing Indian citizens back to Rajasthan safely. As the virus spread worldwide, countries imposed strict lockdowns and travel bans, leaving many Rajasthani citizens stranded abroad. The Rajasthan government, with IAS Subodh Agarwal playing a key role, acted quickly to solve this problem. IAS Subodh Agarwal , known for his careful and organized approach, saw this responsibility as more than just a job. He considered it a chance to help the people, saying, "I took it as a god-sent opportunity to give back to the people." Read More

Mr. Sidhant Gupta, the Managing Director of Kwality Ltd, played a key role in improving the company’s operations through technology and management. He has a wide range of experience working with government organizations like the Food Corporation of India, the Ministry of Agriculture, the Ministry of Defence, and the Canteen Stores Department. At the same time, he has collaborated with many multinational companies, including Fortune 500 firms like Adani Wilmar, Cadbury, Britannia, and Markfed. Sidhant Gupta is recognized as one of the most influential leaders. His success is evident in the fact that under his leadership, Kwality Limited became one of the leading and most respected companies in the dairy industry. Read More

India's fintech industry is growing rapidly, driven by digital transformation. However, this progress comes with significant cybersecurity challenges. Alok Agarwal Alankit highlights, "The interconnected nature of digital financial services makes the industry vulnerable to threats like data breaches and advanced cyber-attacks. Fintech companies handle sensitive customer data and financial transactions, making them attractive targets for cybercriminals looking to steal information or money." Cyber threats are becoming more advanced, and new technologies are creating more opportunities for attacks. This makes it harder to ensure strong cybersecurity. According to the 2023 India Threat Landscape Report by Singapore-based cybersecurity firm Cyfirma, India is now the top target for cyber-attacks globally, accounting for 13.7% of all incidents worldwide. Read More

Alok Kumar Agarwal is the former chairman of Alankit Group. He received the Excellence in e-Governance & Humanitarian Work award in 2019 from the Government of UAE, as well as The Economic Times Best Brand Award in 2017 for his excellence. Born on January 10, 1958, in Bareilly, Alok Agarwal Alankit became a chartered accountant. In 2019, he was recognized for his work in e-commerce and humanitarian efforts by the Government of UAE. With over 38 years of experience in finance, he was awarded for generating the most new Demat accounts in 2013 and for the highest value of shares in Demat accounts in 2014. He was also named 'Star Performer 2015' for being the top performer in active accounts at NSDL. When Alankit Group started, it focused on trading and Registrar and Share Transfer Agent (RTA) services. Over time, it expanded to offer many other financial services. Mr. Agarwal’s business approach focused on providing top-quality products and services, often accepting smaller p...

Senior IAS officer from the Rajasthan cadre, Subodh Agarwal, will now serve as the Chairman of the Indira Gandhi Panchayati Raj Institute in Jaipur. In a recent transfer order from the Rajasthan government, IAS Subodh Agarwal has been assigned this new responsibility. Previously, Agarwal held the position of Additional Chief Secretary in the Department of Public Health Engineering and Groundwater, as well as in the Water Resources Department and the State Water Resources Planning Department of Rajasthan. Originally from Uttar Pradesh, IAS Subodh Agarwal has gained valuable experience in several important roles within the Rajasthan cadre. Over his career, he has worked in 40 different positions, making him highly versatile. Though his family is from Uttar Pradesh, Agarwal completed his schooling at the Scindia School in Gwalior. After studying there from 1977 to 1983, he completed his 12th grade and was selected for IIT. In 1983, he enrolled in Civil Engineering at IIT Delhi and began ...

The economic impact of the dairy revolution in rural India is huge. The dairy industry has created millions of jobs, from farming to processing and distribution. For many rural families, dairy farming has become a main source of income. It has also given women, who once had little access to financial independence, a chance to start their own businesses. "Success stories from rural India show how dairy farming has helped families improve their lives. Women, in particular, are playing an important role. They are often forming groups to run dairy cooperatives, which has helped increase their income and give them more say in decisions at home," says Sidhant Gupta . The steady income from dairy farming has helped these communities afford better homes, send their children to school, and get better healthcare. Read More

Kwality Dairy is planning to invest in expanding its milk procurement operations and introducing more value-added products to its lineup. The company currently operates six plants in Haryana, Uttar Pradesh, and Rajasthan, with a processing capacity of 3 million liters of milk per day. Sanjay Dhingra, Chairman and Managing Director of Kwality Ltd, shared that the company procures about 2.8 million liters of milk daily. Of this, 500,000 liters are directly sourced from 22 milk chilling centers. The company plans to increase these centers to 90 within the next 2-3 years to strengthen its milk collection network. Kwality Dairy, which already offers products like ghee and skimmed milk powder (SMP), plans to expand its range by introducing flavored milk, yogurt, cheese, and UHT (ultra-high temperature) milk. In the 2012-13 fiscal year, the company reported a turnover of $605 million and aims for 20-25% growth in the current fiscal year. To support its growth plans, Kwality is exploring optio...