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3rd Bharat Diamond week all set for flying start

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MUMBAI: The third edition of Bharat Diamond Week (BDW) saw a flying start with an august inauguration at Bharat Diamond Bourse (BDB), in the august presence of Mr. Evgeny Agureev (Deputy CEO, Alrosa), Mr. Nanhai Yan (Vice President, Shanghai Diamond Exchange), Mr. Ashok Gajera (MD, Laxmi Diamond), Mr. Anoop Mehta (President-BDB), Mr. Mehul Shah (Vice-President- BDB) and Mr. Rajesh Bajaj (MD, Bajaj Overseas Ltd.). BDW opened in Bharat Diamond Bourse and will close on 16th October 2019.

To add sparkle to light up the pre-festival season, renowned diamond manufacturing company, Laxmi Diamond presented a Mercedes Benz, studded with 3.5 lakh CZ diamonds – conceptualised by the architect of this unique event Mr. Rajesh Bajaj (MD, Bajaj Overseas Limited). The Chief Darkhouse bike of the Indian Motorcycle was also showcased at the venue.

The opening ceremony was a sparkling event graced by the presence of invited guests Porntiva Nakasai, President-Thai Gem & Jewelry Traders Association (TGJTA), Somchai Phornchindarak, President- Gems, Jewelry & Precious Metal Confederation of Thailand (GJPCT), leaders & members of World Federation of Diamond Bourses (WFDB), Shanghai Diamond Exchange (SDE) delegation, Thai delegation, various trade delegations including – Israel, Dubai, European countries, Greece, South Africa, Vietnam, Bangladesh and India – GJEPC, GJC, MDMA & trade associations across India!

Mr. Anoop Mehta, President, Bharat Diamond Bourse (BDB), said, “This is a momentous occasion for BDB to host all the eminent buyer delegations from around the world. Additionally, since GJEPC is also organising 3rd India Diamond Week Buyer-Seller Meet during the same time and we also welcome all those visitors & buyers too!”

Another advantage for every attendee at BDW is an option to join the 3rd India Diamond Week (IDW), Buyer Seller Meet (BSM), which is being organised by the Gem & Jewellery Export Promotion Council (GJEPC) on from 15th October up to 17th October, 2019. Thus buyers can participate in two trade shows & wider options at single venue!  

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The architect of this unique event, Mr. Rajesh Bajaj, MD, Bajaj Overseas Ltd., said, “Bajaj Overseas and HZ International have conceptualised 7 Guinness & Limca Book of Records events. Coinciding with the Bharat Diamond Week, we produced, directed and conceptualised the Mercedes car and bike studded with CZ diamonds to add sparkle to the pre-festival buying season.” 

At the juncture, Diwali, a great festive buying season is on & to last until March 2020 as a big fat Indian Wedding Season on the back of good crop estimate, China is also excited to celebrate its’ New Year on January 25, 2020 while US & Europe is at latch of Holiday Season &it is estimated to grow about 4% over the previous year. Over all this is the right time for Asian countries, China & Pan India while Europe & US has to last sourcing option ahead of the season!

About 100+ Indian Diamond MSMEs are showcasing entire spectrum of polished diamond of every size, shapes & colours at the BDW arena at BDB boundaries. The BDB is accommodating about 3K member companies are also ready to cater every buyer to complete their demand list of product mix! De facto India is the largest global diamond manufacturing center on the planet earth & the global share of India is 92% on the back of total 94% Indian Artisans of the globe.

BDW is ensuring adequate product mix at competitive price with utmost surety of sourcing is a mined diamond! Now, it is known that no CVDs are allowed in the boundaries of BDB & it is being observed strictly. To learn more about CVDs, the BDW has on-site facilities to get check any diamond! This is the reason that the show is retaining buyer’s un-wavering confidence which is being earned by the BDB over the years!

BDW buyer Mehul Shah said, “Inevitable impending season around & uncertainties around sourcing market places led additional strength to the BDW- the place of certainty of sourcing desired product mix with stanch buying confidence that of buying 100% mined diamonds, no hidden fear of any LGDs!”

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BDB, the organiser of the BDW ensures every buyer must be at ease to feel a great buying experience in a comfortable and relaxed environment in order to save them time and money. Let every buyer get connected with every showcases of the dome! BDB has taken enough measures for buyers’ hassle free buying by ensuring ease of entry in the BDB campus and that begin right with their travelling assistance, encouragement to first time visitors, accommodations around the venue.

Equally, the BDW is the first of its kind equipped with International standards and facilities at BDB. The Complex is spread over an area of 0.87 Million sq ft of land. The total constructed area is 2 million sq ft with two basements of additional 1 million sq ft. BDB has created a business framework to conduct their transactions in maximum convenience and security.

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Brands

Netflix India names Rekha Rane director of films and series marketing

Streaming giant bets on a seasoned marketer who helped build Amazon and Netflix into household names

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MUMBAI: Netflix has put a proven brand builder at the helm of its films and series marketing in India, naming Rekha Rane as director in a move that signals sharper focus on audience growth and cultural cut-through in one of its most hotly contested markets.

Rane steps into the role after seven years at Netflix, where she has quietly shaped how the platform sells stories to India. Her latest promotion, effective February 2026, crowns a run that spans brand, slate and product marketing across originals, licensed content and new verticals such as games.

A strategic marketing and communications professional with roughly 15 years’ experience, Rane has spent much of her career building technology-led consumer businesses and new categories, notably e-commerce and subscription video on demand. She was part of the early push that introduced Amazon.in, Prime Video and Netflix to Indian homes, then helped turn them into everyday brands.

At Netflix, she most recently served as head of brand and slate marketing for India from March 2024 to February 2026, leading teams across media and marketing for global and local content portfolios. Before that, as manager for original films and series marketing, she led IP creation and go-to-market strategy for titles including Guns and Gulaabs, Kaala Paani, The Railway Men* and The Great Indian Kapil Show, spanning both binge and weekly-release formats.

Her earlier Netflix roles covered product discovery and promotion in India and integrated campaign strategy to drive conversations around the content slate, product awareness and brand-equity metrics.

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Before Netflix, Rane logged more than three years at Amazon in brand marketing roles in Bengaluru. There she handled national and regional campaigns for Amazon.in, worked on customer assistance programmes in growth geographies and contributed to the go-to-market strategy for the launch of Prime Video India.

Her career began well away from streaming. At Reliance Brands in Mumbai, she worked on retail marketing for Diesel and Superdry. A stint at Leo Burnett saw her work on primary research for P&G Tide, mapping Indian shoppers’ paths to purchase. Earlier still, at Orange in the United Kingdom, she rose from sales assistant to store manager, running a team and owning monthly P&L for a retail outlet.

The arc is telling. As global streamers fight for attention in a crowded Indian market, executives who understand both mass retail behaviour and digital habit-building are prized. Rane’s career sits at that intersection.

For Netflix, the bet is simple: in a market spoilt for choice, sharp marketing can still tilt the screen. And with Rane now leading the charge, the streamer is signalling it wants not just viewers, but fandom.

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Orient Beverages pops the fizz with steady Q3 gains and rising profits

Kolkata-based beverage maker reports stronger revenues and profits for December quarter.

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MUMBAI: A fizzy quarter with a steady aftertaste that’s how Orient Beverages Limited, the company that manufactures and distributes packaged drinking water under the brand name Bisleri closed the December 2025 period, as the Kolkata-based drinks maker reported improved revenues and a healthy rise in profits, signalling operational stability in a competitive beverage market.

For the quarter ended December 31, 2025, Orient Beverages posted standalone revenue from operations of Rs 39.98 crore, up from Rs 36.42 crore in the previous quarter and Rs 33.53 crore in the same quarter last year. Total income for the quarter stood at Rs 42.24 crore, reflecting consistent demand and stable pricing across its beverage portfolio.

Profit before tax for the quarter came in at Rs 3.47 crore, a sharp improvement from Rs 1.31 crore in the September quarter and Rs 0.39 crore a year ago. After accounting for tax expenses of Rs 0.79 crore, the company reported a net profit of Rs 2.68 crore, nearly three times the Rs 0.99 crore recorded in the preceding quarter.

On a nine-month basis, the momentum remained intact. Revenue from operations for the period ended December 31, 2025 rose to Rs 117.66 crore, compared with Rs 106.95 crore in the corresponding period last year. Net profit for the nine months climbed to Rs 5.51 crore, more than double the Rs 2.18 crore reported in the same period of the previous financial year.

The consolidated numbers told a similar story. For the December quarter, consolidated revenue from operations stood at Rs 45.06 crore, while profit after tax came in at Rs 2.06 crore. For the nine-month period, consolidated revenue touched Rs 133.57 crore, with net profit of Rs 4.49 crore, underscoring the group’s improving profitability trajectory.

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Operating expenses remained largely controlled, with cost of materials, employee benefits and other expenses broadly aligned with revenue growth. The company continued to operate within a single reportable segment beverages simplifying its cost structure and reporting framework.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 7 February 2026. Statutory auditors carried out a limited review and reported no material misstatements in the results.

In a market where margins are often squeezed by input costs and competition, Orient Beverages’ latest numbers suggest the company has found a reliable rhythm not explosive, but steady enough to keep the fizz alive.

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MAM

Washington Post CEO exits abruptly after newsroom cuts spark backlash

Leadership change follows layoffs, protests and a bruising battle over trust.

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MUMBAI: When the presses are rolling but patience runs out, even the editor’s chair isn’t safe. The Washington Post announced on Saturday that its chief executive and publisher Will Lewis is stepping down with immediate effect, bringing a sudden end to a turbulent two-year tenure marked by financial strain, newsroom unrest and public backlash.

Lewis’s exit comes just days after the Bezos-owned newspaper announced sweeping job cuts that triggered protests outside its Washington headquarters and a wave of anger from readers and staff. While newspapers across the US are grappling with shrinking revenues and digital disruption, Lewis’s leadership had increasingly come under fire for how those pressures were handled.

The Post confirmed that Jeff D’Onofrio, a former Tumblr CEO who joined the organisation last year as chief financial officer, has taken over as CEO and publisher, effective immediately. In an email to staff, later shared by reporters on social media, Lewis said it was “the right time for me to step aside.”

The leadership change follows the announcement of large-scale redundancies earlier this week. While the Post did not officially confirm numbers, The New York Times reported that around 300 of the paper’s roughly 800 journalists were laid off. Entire teams were dismantled, including the Post’s Middle East bureau and its Kyiv-based correspondent covering the war in Ukraine.

Sports, graphics and local reporting were sharply reduced, and the paper’s daily podcast, Post Reports, was suspended. On Thursday, hundreds of journalists and supporters gathered outside the Post’s downtown office in protest, calling the cuts a blow to public-interest journalism.

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Former executive editor Marty Baron described the moment as “among the darkest days in the history of one of the world’s greatest news organisations.”

Lewis defended his record in his farewell note, saying “difficult decisions” were taken to secure the paper’s long-term future and protect its ability to publish “high-quality nonpartisan news”. But his tenure coincided with growing scrutiny of editorial independence at the Post.

Owner Jeff Bezos faced criticism for reining in the paper’s traditionally liberal editorial page and blocking an endorsement of Democratic presidential candidate Kamala Harris ahead of the 2024 US election. The move was widely seen as breaking the long-standing firewall between ownership and editorial decision-making.

According to a Wall Street Journal report, around 250,000 digital subscribers cancelled their subscriptions after the paper declined to endorse Harris. The Post reportedly lost about $100 million in 2024 as advertising and subscription revenues slid.

While the wider newspaper industry continues to battle declining print advertising and the pull of social media, some national titles have stabilised. Rivals such as The Wall Street Journal and The New York Times have managed to build sustainable digital businesses, a turnaround that has so far eluded the Post despite its billionaire backing.

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As Jeff D’Onofrio steps into the role, the challenge is stark, restore confidence inside the newsroom, win back readers who walked away, and prove that one of America’s most storied newspapers can still find its footing in a brutally competitive media landscape.

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