Nifty top gainers and losers today, August 14: Wipro, Eternal, Infosys, HDFC Life among top performers
Among the top gainers, Wipro emerged as the biggest performer, rising 2.1% to ₹246.8. Eternal followed with a 1.9% jump to ₹318.4, while Infosys advanced 1.5% to ₹1,448. HDFC Life Insurance gained 1.5% to ₹788, and Asian Paints added 1.1% to ₹2,528.7. Maruti Suzuki climbed 0.8% to ₹12,936, while State Bank of India and Eicher Motors each rose 0.6% to ₹826.6 and ₹5,746.5 respectively. HDFC Bank gained 0.6% to ₹1,991.1, and Titan Company closed 0.5% higher at ₹3,485.
On the losers' side, Tata Steel was the biggest drag, slipping 3.1% to ₹155.3. Adani Ports dropped 1.4% to ₹1,301.4, and Tech Mahindra declined 1.3% to ₹1,486.7. Hero MotoCorp shed 1.3% to ₹4,708.1, while Bharat Electronics fell 1% to ₹384.9. Tata Consumer Products and Jio Financial Services each declined 1% to ₹1,045.4 and ₹327.4 respectively. ONGC slipped 0.9% to ₹236.6, UltraTech Cement eased 0.8% to ₹12,299, and HCL Technologies closed 0.8% lower at ₹1,489.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash EternalHDFC LifeInfosysWipro
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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Forbes
18 minutes ago
- Forbes
The Luxury Resort Aman Rosa Alpina Opens In The Dolomites
Aman Rosa Alpina Aman Rosa Alpina A historic mountain retreat, Aman Rosa Alpina sits in the village of San Cassiano among Italy's UNESCO-protected Dolomites, honoring a legacy that spans almost a century while reimagining it for the discerning Aman guest, the hotel is a tribute to luxury Alpine hospitality. Aman Rosa Alpina Aman Rosa Alpina The hotel's design, led by longtime Aman collaborator renowned architect Jean-Michel Gathy of Denniston, was created to promote peach and connection to nature, embracing the Dolomites – in both views and the sense of serenity. As such, there are spacious balconies and floor-to-ceiling windows that offers views of the landscape, and respond to the light of the mountains, while façades clad in timber and accented with dark metal give a contemporary feel. Inside, layers of stone, textured plaster and Italian artisanal detailing bring warmth and tranquility. Each of the hotel's 51 Rooms, Suites and Signature Suites, draws influence from the surrounding landscape, with the summit being the Aman Suite, the largest in the hotel, with two king-bedrooms, ensuite bathrooms with steam showers (one with a soaking tub), a dining area for six and a large south-facing terrace. On the opening, Vlad Doronin, Chairman and CEO of Aman Group, says, 'The opening of Aman Rosa Alpina is the realisation of a vision that has been years in the making.' He continues, 'I first experienced the magic of this property as a guest many years ago and developed a lasting friendship with the Pizzinini family. What started as admiration evolved into a shared ambition – to honour the legacy but also elevate this timeless mountain retreat. With its exceptional location in the heart of the Dolomites, we saw the opportunity to create a sanctuary that reflects both the heritage of the region and the essence of Aman. Rooted in our brand's commitment to timeless design, intuitive service and transformative experiences, Aman Rosa Alpina now begins its next chapter - welcoming guests into a place of peace, privacy and enduring beauty.' Aman Rosa Alpina Mountainscape Aman Rosa Alpina A longstanding symbol Alpine hospitality, the historic hotel, formerly known as Rosa Alpina has been in the Pizzinini family since 1939, with Hugo and Ursula Pizzinini remain at the helm, they say of the new iteration, 'The evolution of hotel into Aman Rosa Alpina marks a meaningful and carefully considered new chapter. As custodians of this beloved mountain retreat, it is a privilege to see it evolve under Aman – a brand that shares our deep reverence for place and commitment to excellence. This partnership allows us to celebrate our family's legacy and three generations of hospitality, while embracing a future shaped by Aman's uncompromising attention to detail and global perspective. Our mission remains the same: to preserve the authenticity and spirit of the region and for guests, past and future, to experience the timeless beauty of the Dolomites.' Aman Rosa Alpina Mountainscape Aman Rosa Alpina Complete with gastronomy led by Executive Chef Gianluca Salvato, the cuisine ranges from traditional Alpine indulgences to Italian specialities, complemented by an extensive wine selection. The Grill offers hearty fare, while Il Salotto serves an all-day menu and transforms into a piano bar at night, and for breakfast there's the Heritage Room. This offering sits alongside the intimate Divino Room, a connoisseur's library designed for exclusive wine experiences and private dinners, and next door is the wood-panelled Cigar Lounge which overlooks the forest courtesy of its floor-to-ceiling windows. Also, an upcoming opening this winter is Akari that'll serve authentic Japanese Shabu Shabu dining. Of course, an Aman wouldn't be an Aman without a dedicated wellness space, and this one covers 1,684 sqm across two levels. It dons seven treatment suites, a spectacular 20m heated outdoor infinity pool plus indoor and family pools, as well as hydrotherapy facilities including a Finnish sauna, steam bath and jacuzzi, outlined by a mountainscape. Hugo Pizzinini, Co-Owner and Managing Director at Aman Rosa Alpina tells us more about this storied property. Felicity Carter: How does Aman Rosa Alpina fit into the brand philosophy while sitting in the Dolomites? Hugo Pizzinini: Aman's ethos has long been about creating sanctuaries that exist in harmony with their surroundings, becoming an extension of the environments, they call home. In following this approach, Aman Rosa Alpina helps guests connect deeply with the Dolomites, experiencing the destination at its most authentic. The hotel has achieved all these things by honouring the region's heritage in many ways – from spa treatments that make use of local herbs to its dining scene which draws on alpine tradition. Of course, Aman sanctuaries are also renowned for their space, peace and privacy, and this is something the Dolomites has naturally in abundance. Our property furthers this experience, harnessing the serenity of the surrounding mountains with muted interiors, in service that is both genuine yet discreet, and through experiences that showcase the very best of the region from a local perspective. Aman Rosa Alpina Mountainscape Aman Rosa Alpina FC: What are your favourite details about the property? HP: One of my favourite details is the tactility of the property's interior, designed to draw the outdoors in through use of natural materials. In doing so, there are an abundance of beautifully textured surfaces, with soft local woods and large slabs of stone creating a real warmth throughout. When you look closer you can almost peel back these layers, as if a mirror image of the mountains that surround. More practically, our Mountain Cabins are another favourite feature that many don't know about it. Belonging to the Pizzinini family, guests can opt to spend the afternoon hiking and then enjoy private dining in their chosen cabin, with a dedicated chef on hand to create a true alpine feast in complete mountain solitude. For me, this is a rare, must-do experience combining both culinary discovery and an adventure in the great outdoors. Aman Rosa Alpina Aman Rosa Alpina FC: Are there signature experiences here you can't find at any other Aman? HP: More or less all of our experiences are uniquely curated for our location. Only here are guests able to access the Dolomiti Superski region with our bespoke Ski Butler service and enjoy access to our dedicated Ski Lounge, making for the most effortless of winter sports experiences. Only here are they able ascend our via ferrata routes with local mountain guides whose families have called the Dolomites home for centuries. From heli-skiing across remote peaks to private dining in a traditional alpine hut, all of our guest experiences are exclusive to Aman Rosa Alpina guests. Aman Rosa Alpina Aman Rosa Alpina FC: Tell us about the culinary offering, and any local ingredients or dishes guests should try? HP: The resort's dining scene is really a combination of Aman's global sensibility and the soul of our alpine setting. Guided by Executive Chef Gianluca Salvato (who trained under legendary chef, Norbert Niederkofler), guests begin their day in the Heritage Room with home-baked pastries and, one of my favourite dishes to set you up for a day in the Italian Alps, scrambled eggs with caviar. Throughout the day, they can then choose from a host of venues to suit their mood. Aman Rosa Alpina Aman Rosa Alpina The Grill is the perfect place to gather with family to enjoy recipes passed down through generations. As an Italian, the Guazzetto all'Italiana (Italian Seafood Stew) is close to my heart. In contrast, Il Salotto provides a laidback, day-to-night dining space for light fare, coffee and cocktails. For me, there is no better place to end the day than here, listening to live music from the piano and sharing a selection of locally sourced cheeses, charcuterie and our chef's own, seasonal jams. Aman Rosa Alpina Aman Rosa Alpina FC: How do you collaborate with the local community and tap into the culture? HP: Our connection to San Cassiano village and the Alta Badia region is at the heart of everything we do. From working closely with local farmers and artisans to source ingredients and materials, and collaborating with mountain guides, ski instructors and wellness practitioners with generations of experience in the region. These partnerships help bring authenticity to the guest experience and ensure that every day brings with it a new story. Aman Rosa Alpina Aman Rosa Alpina FC: Has the property have anything planned for the rest of the year? In winter 2025, we look forward to welcoming Akari, a Shabu Shabu concept, to our dining scene. We're really excited for it to open and bring a Japanese-inspired contrast to traditional alpine indulgences. Aman Rosa Alpina Aman Rosa Alpina Address: Aman Rosa Alpina, Strada Micurà de Rü, 20, 39036 San Cassiano BZ, Italy How To Get There Venice Marco Polo Airport (VCE) – the airport is about 2.5 hours' drive from the hotel, has offers the widest range of international flights. British Airways flies from London Heathrow to Venice from £54 each way including taxes and carrier fees. Innsbruck Airport (INN) – around 2 hours' drive, and is best situated for northern Dolomites. British Airways flies from London Gatwick to Innsbruck from £66 each way including taxes and carrier fees. For private arrivals, helicopter transfers are also available from Bolzano, Innsbruck, Venice, and Milan. Other activities: A year-round destination, in the warmer months allows for hiking, bike forest trails, tackle via ferrata routes, and golfing at Alta Badia. In winter San Cassiano opens onto Dolomiti Superski's 1,200km of slopes and 450 lifts; guests can use the Ski Butler for gear and transfers, warm up in the Ski Lounge, or try ice climbing, snowshoeing, and skating. What to wear: Go full look with Fusalp, the ski and fashion tech clothing brand for men and women, founded in 1952 in Annecy it has kitted the pros. Or, keep it Italian with Colmar, the heritage label founded in Monza in 1923, which has also supplied elite athletes.
Business Wire
an hour ago
- Business Wire
The Knot Worldwide's 2025 Global Wedding Report Reveals Bold New Era of Personalization and Purpose
NEW YORK--(BUSINESS WIRE)-- The Knot Worldwide, a leading global marketplace and family of brands championing celebration, today unveiled its 2025 Global Wedding Report, offering insights from more than 33,000 couples married in 2024 across eight countries. The report finds that modern weddings are being redefined by a new generation of couples prioritizing intentionality, personalization and authenticity at every step of their journey. 'As more Gen Zers get married, we're seeing weddings shift in deeply personal and creative ways,' said Raina Moskowitz, Chief Executive Officer at The Knot Worldwide. 'Couples today are rewriting the rules—placing more emphasis on the guest experience, while embracing traditions that reflect their identities and values. This year's report offers an insightful glimpse into how love and celebration are transforming around the world, with wedding professionals continuing to play a critical role in bringing those visions to life.' Top themes and takeaways from The Knot Worldwide 2025 Global Wedding Report: #1. Gen Z weddings are on the rise In India, Gen Z weddings are surging (62%), representing a 49 percentage point increase in 2023 compared to 2024. Similar growth trends are emerging in Brazil and Spain. In the U.S., one in three couples using The Knot are members of Gen Z. #2. Seasonal trends reflect local values Engagement season peaks in December across the U.S., U.K., Brazil, and Mexico, often aligning with holidays and family gatherings. In contrast, Indian couples are most likely to get engaged in February, around Valentine's Day. Weddings also reflect seasonal preferences, with couples favoring June ceremonies in France and Italy and October weddings in Mexico. #3. Guest experience is the priority India leads with the largest average guest count (330), while France (97) and the U.K. (89) lean more intimate. Couples continue to heavily rely on wedding professionals to bring their wedding day to life and ensure their guests have a great experience, hiring between 10 and 14 vendors on average. A separate 2025 Instagram poll of more than 1,000 people in the U.S. revealed that guest enjoyment is the top concern for the majority of couples—above even budget or logistics. Nearly 50% describe their top worry as fearing their guests won't have fun at their wedding. #4. The era of personalized, purposeful celebrations The same poll revealed 68% of respondents want guests to feel like they've never been to another wedding like theirs before. Personalized details are most likely to make a wedding memorable (36%), followed by food and drinks (23%) and entertainment (21%). #5. Urban hubs and sunny escapes top the list of wedding destinations Vendor Marketplace search data across The Knot Worldwide's brands reveal the top regional wedding hotspots by country: U.S.: New York, Washington D.C., Chicago U.K.: London, Manchester, Cardiff India: Delhi, Udaipur, Chandigarh Mexico: Ciudad de Mexico, San Miguel de Allende, Guadalajara Italy: Napoli, Roma, Palermo France: Paris, Lyon, Saint Denis Brazil: São Paulo, Rio de Janeiro, Belo Horizonte Spain: Madrid, Barcelona, Valencia For more insights and trends, check out the full report here. Methodology The 2025 Global Wedding Report captured responses from 33,174 married couples between January 1 and December 31, 2024, including 16,956 in the U.S. and 16,218 internationally (Spain, Italy, France, U.K., Brazil, Mexico, India). Respondents were recruited via social media and/or email invitation from The Knot and/or WeddingWire membership platforms. The sample reflects a wide range of ethnicities, income levels, sexual orientations, gender identities and geographies. This report also includes insights from ad hoc studies and search trends across The Knot Worldwide's global vendor marketplaces. About The Knot Worldwide Across North America, Europe, Latin America and Asia, The Knot Worldwide champions the power of celebration. The company's global family of brands provide best-in-class products, services and content to take celebration planning from inspiration to action. Through its wedding brands, including The Knot, WeddingWire, and others, the company offers an extensive database of hundreds of thousands of wedding professionals to assist couples in organizing the happiest day of their lives. We have a brand for every kind of celebration—from booking a birthday party, to planning a wedding, to preparing to become a parent, and every moment in between.
CNBC
2 hours ago
- CNBC
CNBC's Inside India newsletter: As India's rich venture abroad, many anchor fortunes in real estate
India's wealthy may be emigrating, but they are keeping a firm grip on their real estate investments in the country and abroad, a choice that's fueling a property boom in the luxury market. In a recent newsletter, I explored how wealthy Indians are seeking other residencies abroad for strategic reasons, rather than a permanent relocation. According to Dhruba Jyoti Sengupta, CEO of Wrise Wealth Management Middle East, many of these high-net-worth individuals remain bullish on India and allocate around 80% of their investments domestically. A notable portion of this, he added, is going into real estate. "Indians, by and large, have always had a cultural affinity for real estate," Himmat Singh, managing director of global luxury real estate agency Christie's International Real Estate, told me. "Traditionally, post-independence, there were limited assets for people in India to invest in and only a small portion of investors played in the market." That legacy still shapes portfolios today, Singh said. While definitions vary, individuals with a net-worth of 50 million to 250 million Indian rupees ($571,000 to $2,855,000) are typically considered high-net-worth, while those with more than 250 million Indian rupees are considered ultra-high-net-worth. Affluent individuals fall in the 10 million-50 million Indian rupees range. For many, owning a property is a "cornerstone of wealth strategy," Wrise's Sengupta said, adding that it serves as both a financial asset and lifestyle statement. Owning residences abroad, whether for rental income, personal stays, or commercial units in which they can operate their businesses, also provides a global footprint. India's uber-rich — defined as the top 1% of Indian households, or individuals earning the top 40% of income — held on to $11.6 trillion or 59.1% of all assets held by Indian households, according to data from investment house Bernstein. Of this, $7.1 trillion, or 61.2%, is parked in real estate and gold, the same report indicated. "Rich and poor Indians have historically relied on physical assets," such as gold, land and real estate to park their savings, Manas Agarwal, vice president and analyst at Bernstein, said. The lure of real estate lies in long-term appreciation. These benefits typically outweigh the higher costs and lower liquidity associated with the asset class, experts told me. The capital appreciation on real estate has more than doubled in value over the last four years, and many have made "a significant return," Christie's Singh observed. The average wealthy Indian owns multiple types of real estate. Real Estate Investment Trusts (REITs) are becoming a popular instrument given their ability to "generate more predictable yields without the operational burden of direct property ownership," Wrise's Sengupta said. Residential and commercial properties are also popular. In the first quarter of 2025, housing prices in India rose 7.7% from the year before, outpacing the U.S., U.K. and Australia. Sales of luxury houses priced between 60 million and 500 million Indian rupees jumped 88% in the second quarter of the year compared with the same period in 2024, while the number of launches for such apartments grew 40% from the year before, a report by real estate firm CBRE showed. While prices vary across cities, $1 million can buy 99 square meters of prime property in Mumbai, data from Knight Frank's latest Wealth Report shows. By comparison, the same amount is worth 32 square meters in Singapore, 34 square meters in London and New York, 44 square meters in Shanghai and 78 square meters in Dubai. Within India, the rich typically own single-family homes, or a self-contained residential building for their daily occupancy, in major metropolises like Delhi, Mumbai or Bengaluru. Such homes are typically in a gated community and can cost at least 200 million Indian rupees for a 2,500 square feet unit in some parts of Delhi, Singh said. Beyond this, they also invest in "palatial" country homes spanning around 1 to 2.5 acres (43,560 to 108,900 square feet) located outside the city, Singh suggested. He named Alibaug, a coastal town that is a two-hour ferry ride away from Mumbai, and Chhatarpur, a town that is a nearly three-hour flight away from Delhi, as destinations with such homes. Homes in India, Singh said, are increasingly held over a five to 10 year period following a change in India's income tax rules where only gains of 100 million Indian rupees are exempt from capital gains taxes. This, he added, has resulted in less speculative investing and is a good move for the long-term stability of India's property market. For property investments outside India, the wealthy consider functionality and long term returns Singh observes. Dubai is a popular location given its strong rental yield of 6% to 7% as more companies relocate or expand there, he said. Other popular destinations include Ras Al-Khaimah in the UAE, an up and coming city that is set to generate substantial near-term gains, Thailand's Phuket and Koh Samui, where Indians visit to relax and unwind, as well as London, where many head to out of familiarity, But it's not just real estate. The analysts I spoke to said that India's wealthy are also investing in other assets. They are now looking beyond physical assets to capital markets, given "how strong they have been in the last few years," Bernstein's Agarwal said. Private markets such as venture capital, private equity, and hedge funds have also emerged as a popular option with many wealthy individuals funding global start-ups to tap into the growth they will enjoy from increasing their total addressable market, Himanshu Kohli, co-founder of Indian multi-family office and private wealth manager at Client Associates, told me. Cryptocurrency is also finding a place in portfolios, albeit at a small percentage of around 2%, as investors are betting on the bitcoin rally as a hedge against macroeconomic uncertainties, said Sengupta. India's wealthy are also looking for opportunities outside the country. "Ten years ago, wealthy Indians invested almost entirely at home. Today, it's India plus the world. India remains the growth engine, with capital flowing into companies, startups, and pre-IPO opportunities — but now, global investments in equities, private markets, and overseas property are built in early, not just at retirement," Sengupta noted. CS Vigneshwar, president of India's Federation of Automobile Dealers Associations, said the country's auto component manufacturers will explore markets in Asia and Europe in response to rising U.S. tariff risks. Kanika Pasricha, chief economic advisor at Union Bank of India, expected the government to announce measures to boost export-oriented sectors and reinforce its Make in India initiative. Jim O'Neill, former U.K. Treasury Minister and Goldman Sachs Asset Management chairman and chief economist, discussed his reaction to new tariffs imposed by the Trump Administration on India and much more. Inflation in India slows to its lowest since 2017. The consumer price index for July came in at 1.55%, lower than the 1.76% estimated by a Reuters poll of economists. Food prices dropped 1.76%. Indian IT companies have been trimming roles. Tata Consultancy Services, Wipro and Infosys have reportedly been laying off employees or slowing hiring in recent months. In light of that, should investors steer clear of those companies' stocks? India and China are restarting flights. Air travel was suspended during the Covid-19 pandemic, and as bilateral relations deteriorated during a 2020 border dispute. The resumption of flights expected to boost not just tourism but cooperation in other areas between the two markets were muted on Thursday, with both the benchmark Nifty 50 and the BSE Sensex index closing flat. The benchmark 10-year Indian government bond yield had fallen to trade at 6.4045%. August 15: Independence Day, trade data for July August 18: Unemployment rate for July August 19: Online jewelry store Bluestone Jewellery and Lifestyle IPO August 20: Agro-processing firm Regaal Resources IPO August 21: HSBC manufacturing and services flash PMI for August
