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BusinessPhoto: Deccan Herald

Tiruppur's Domestic Knitwear Market Grows into Major Powerhouse

Tiruppur, Tamil Nadu's knitwear hub, has seen its domestic market expand significantly over 20 years. From basic innerwear, the market now includes gym vests, designer t-shirts, nighties, and loungewear. FY2025-26 domestic sales are estimated at Rs 35,000 crore, nearing the Rs 46,000 crore export revenue. Growth is driven by retail chains like Reliance Trends and e-commerce, with manufacturers diversifying into man-made fibers and focusing more on domestic brands for revenue stability amid global uncertainties.

Deccan Herald··Tiruppur

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WorldPhoto: Deccan Herald

Shivamogga Dasara Mishap Highlights Elephant Use Concerns

A recent incident in Shivamogga during Dasara, where a tamed elephant ran amok, has reignited debate on using elephants in religious and cultural events. Experts warn this practice violates laws, endangers elephants and public safety. Traditionally used in Mysuru Dasara, elephants carry heavy howdahs, but similar processions now occur in multiple Karnataka towns. Calls grow for alternative celebration methods respecting animal welfare and legal compliance.

Deccan Herald··Shivamogga

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BusinessPhoto: Mint Companies

IIFL Capital Hires Four Barclays Bankers to Expand Wealth Business

IIFL Capital Services Ltd., controlled by Fairfax, is expanding its wealth management division by hiring four senior private bankers from Barclays Plc. The move aims to target ultra-high-net-worth families, business promoters, and non-resident Indians, strengthening IIFL's presence in the wealth management sector.

Mint Companies··Mumbai

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BusinessPhoto: ET Markets

BlackRock Remains Cautious on Indian Equities Amid Uncertainty

BlackRock Investment Institute has not adopted a bullish stance on Indian equities due to ongoing uncertainties. The firm awaits clearer signals on corporate earnings and energy prices before revising its outlook. Despite high energy costs, India's economic resilience stands out amid geopolitical tensions. Foreign investors have been net sellers of Indian equities for several months, affecting market performance.

ET Markets·

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BusinessPhoto: Mint Companies

Eternal’s District Plans Venues to Cut Concert Costs, Combat AI Threat

Eternal’s District, an out-of-home consumption platform, is exploring partnerships with property owners and governments to build dedicated live-event venues. This initiative aims to scale its events business while strengthening defenses against disruptions caused by AI technologies. The move focuses on reducing concert costs and enhancing the live-event experience amid growing AI challenges.

Mint Companies·

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EntertainmentPhoto: TOI Entertainment

Ranabaali Box Office Hits Rs 53 Crore Net in 10 Days

Ranabaali has shown a modest increase in box office sales during its second weekend, earning Rs 2.90 crore on Sunday. The film's total net collections have reached Rs 53 crore, with around 246,584 tickets sold on Sunday. Its worldwide gross currently stands at Rs 73.65 crore after 10 days of release.

TOI Entertainment·

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