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Cover story | September 13, 2015

Appetite for global art rising among HNIs

Appetite for global art rising among HNIs

It is thought-provoking to analyse how the collecting and spending patterns of Indians are developing diversely based on their conditioning, writes Priyanka Mathew of Sotheby's.

How luxe brands are gatecrashing weddings

In an otherwise sluggish market, weddings are one of the few growth drivers and probably the only recession-proof market in India.

For the seriously rich, 'suite class' is new luxury

It was Emirates which brought about a paradigm shift in luxury air travel, starting its First Class Suite in 2003 on ultra-long haul flights out of Dubai, aboard its Airbus A340-500s and its Boeing 777s to New York in the west and Sydney in the east.

Brands turn to 'ethical luxury' to woo consumers

The idea is to connect with the luxe consumer on a deeper moral plane. From Gucci to Yves St Laurent (YSL) to spirits brands like Johnnie Walker to hotel chains such as Starwood and car makers like Tesla and Mercedes, brands are all adopting this positioning.

Why smart homes are growing in India?

There is some saving in the long run as smart homes are energy efficient, reducing consumption by 30 to 60 per cent.

Six drivers of growth of luxury market in India

Emerging out of the shadows of a slowdown, the luxury market is a bundle of contradictions today. We shine a torchlight on the way forward.

Start-ups take luxury market route to growth

Start-ups have arisen to cater to those too busy to run their own errands, for instance, the US-based Magic or the Indonesia-based YesBoss.

Luxury hotels are bringing back lost Indian recipes

ITC, Oberoi Hotels and The Taj Group are digging into the pages of Indian history books. They pick up clues, chase the descendants of royal chefs, and conjure up dishes that are mostly forgotten. The past, it turns out, makes great future sense.

Don't look at art as an investment: Kiran Nadar

"For those who are at the starting point of their collecting journey, I would say, don't look at buying art as an investment. Instead, get a first-hand knowledge of art and see how your eyes respond to a work", says chairperson of Kiran Nadar Museum of Art.

Haute Living

Fine products and experiences for the discerning ladies and gentlemen

Three Es that drive luxe hospitality business today

Hospitality majors are reinventing themselves and so hotels are building private zones for their uber luxe guest in the new developments coming up. And creating some unforgettable experiences to hook the traveller.

Why S-Class S 500 denotes luxury to Gautam

Industrialist Gautam Punj has a fundamental, deep-seated love for Mercedes-Benz cars. In fact, he is almost always among the first to book a new car at launch.

Vignettes from world's most glamorous sport- F1

Despite the struggle, Formula One is all about recreating magic - it's risky, charming, glamorous, sharp and, often, is the manifestation of the unreal in a real world.

Find out the contemporary styles for men

Men's fashion is becoming more and more a hybrid, a natural blend of tailored clothing and leisurewear, writes Cristiano Corneliani, global sales director, Corneliani.

What is inside Asia's largest floating casino

A boat from Noah's Ark jetty takes you to Deltin Royale,  the ship which is 87 metres long and 22 metres wide. A 'premium stay and play' package, that offers a two-night stay at Deltin Suites Hotel in Goa for two, costs Rs 33,000.

Here are the hottest trends in luxurious travel

From taking a deep dive into underwater tourism to going for magical pop ups, the holiday experience of the luxe set is treading off the beaten path

Here are the investing secrets of the super rich

It's no longer just real estate and gold - high net worth individuals are increasingly parking their wealth in non-traditional investments.

Why Indian industrialists don't opt for private jets

Most people still view private jets as business utility tools and typically go for Gulfstream or Embraer aircraft. Only the rare industrialist such as liquor baron Vijay Mallya would go in for a Boeing 727.

Luxe ads are not about over-the-top messaging

While a high-decibel television and print campaign, followed up by some quirky communication on digital platforms, can do wonders for mass brands, a similar course of action for a luxury brand can not only be limiting but also detrimental, say experts.

September 13, 2015

Editor's Note

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Have Money, Will Spend

Business Today Editor Prosenjit Datta introduces the latest issue of magazine and tells why you should buy it.

Book

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The Secret Code of Google's Success

The book looks at what makes the search giant the world's best workplace.

Book review: The Success Sutra by Devdutt Pattanaik

A must read for entrepreneurs, investors and management executives.

People

PeopleBusiness

Newsmakers: Featuring Sundar Pichai, Subrata Roy, Lalit Modi, Anand Piramal, Yusuffali M.A. and Harsh V. Lodha.

Leadership Spotlight

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'Privacy, view are important for HNIs'

Location and product are both equally important in luxury real estate development, says Adarsh Jatia, CEO and MD of Provenance Lands.

Trends

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The swank digital hangouts for millionaires

While the plebs throng Facebook, the rich have their own exclusive networking clubs on the Internet for which entry is by invitation.

Letters

Letters to the Editor

Business Today readers feedback to magazine's coverage

Focus

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Number of billionaires is growing at a steady pace

As the number of superrich increases, the market for ultra-luxury housing, yachts and private jets is growing as well.

$75-bn UAE-India fund could bridge the infrastructure gap

UAE may also turn out to be a pleasant surprise, especially since the US and China still have to deal with their own economic woes.

Will RBI succeed in its financial inclusion plan?

It has given licences to 11 entities for opening payments banks to widen the financial inclusion net and bring small payments like remittances, utility bills, ticketing, etc, under the digital umbrella.

Building a cash hoard

India Inc is sitting on a huge cash pile, though its cash-generating capacity has been falling.

Chiaroscuro

Upfront

Quick takes on major events that happened recently

Events to look forward to in August and September

Events to look forward to in August and September

BT More

Restaurant review: Uzzuri in New Delhi

The restaurant offers fantastic desserts. The puey lentil salad is also highly recommended for those who want to tuck into some protein.

Meaty melange: The long-winded brunch at Creo is a must-try

On offer is a medley of European, Japanese and Indian dishes that tick most boxes.

Yauatcha Restaurant review: A Dim Sum Affair

The focus here is clearly the food and service, both of which are stellar and live up to the Michelin star status of the space.

Restaurant review: Wok Magic

Having sought to incorporate a generous sampling of Vietnamese and Indonesian alongside the ubiquitous Chinese and Thai, the menu is considerably Pan-Asian.

Chivas Regal, The Icon, is here!

Chivas Regal, The Icon, is a rare blend of over 20 whiskeys from rare, even forgotten distilleries operated by the House of Chivas across Scotland.

Top Shop

Fashion forward gadgets and accessories you must know of.

I try to retain my handicap: mjunction MD Viresh Oberoi

MD and CEO of mjunction, Viresh Oberoi, on managing to make time for his favourite sports-golf and squash.

Best watches of 2015

Since time waits for no one, why should timepieces? Pick your favourites from the best watches of 2015.

Tips for frequent fliers: A cruise down the Thames and more

The cruise is run by Barge Lady Cruises for fans of the award-winning series and those who simply can't get enough of British aristocracy.

Anything that lessens stress sharpens focus: Amish Tripathi

Best-selling author Amish Tripathi on why it is essential to stay focused and calm.

How to be a man when it all goes

Tips to rise from the ashes of everyday disaster-

Take a Bao

With the weight of its very successful Bangalore outlet behind it, the Delhi Asian gastro bar, which is located in RK Puram, has a tough act to follow.

Beyond the Dim Sum

Taipan at The Oberoi, New Delhi, is one of those restaurants that has stood the test of time and is a fall back option for Oriental staples.

Launch of a Star

The spanking new BMW X6, the brand's first sports activity coupe, is a dashing automobile pumped up with the brand's superior mechanics.

Restaurant review: Social in South Delhi's Defence Colony

This is not a place for dining, but the finger food and breakfast is super.

Posh Brunch in London's Knightsbridge

In the mood for fruit? A bowl of berries and the freshest Greek yoghurt awaits you as does every possible fancy cheese you can think of.