Luxuddi opens first retail store in New Delhi

After wowing the world with its exquisite designs for over five decades, lighting brand extraordinaire – Luxaddi – is all set to open its first retail store in India in New Delhi. Luxaddi’s passionately created, awe-inspiring chandeliers, wall sconces, table lamps and lanterns have gone on to adorn the most prestigious and luxurious hotels, resorts and some public places of eminence across the globe. For the past 12 years, Luxaddi lights has been elevating the beauty of a number of five-star and heritage hotels and private residences in India too.

And now, they open the doors to their elegantly designed store to Indian design aficionados. The store is a repository of the world’s rare collections that come with their own unique stories and provenance. It is a treasure trove of history, age-old craftsmanship and intricate, hand-made masterpieces. 

The 6,000-sqft space of the store takes inspiration from European Roman architecture accented with a white palette and gracefully curved arches. The arches create a sense of separation between different areas without completely closing off the spaces. The white walls and ceilings become the perfect canvas for a visual installation of the astounding collections of lights. 

A walk through the store is an education on the evolution of lighting down the ages. The lyrical simplicity of the environments designed by Manya from The Upscale Storeys and Ayati amplifies the artistry of the bespoke designs. The idea was not to make the store look like a shop, but to create a gallery appeal to showcase the timeless elegance of the products. 

“Staying true to the craft of lighting and the techniques handed down through four decades of history of our family, we have been able to achieve great milestones,” say the Founders Abhishek and Shweta Singhal. 

Availability: Farm No. 48, Chelmsford Club Drive, Mehrauli, Mehrauli-Gurgaon Rd, Ghitorni, New Delhi, Delhi 110030

Mobile: 7428996312

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..