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.
In an otherwise sluggish market, weddings are one of the few growth drivers and probably the only recession-proof market in India.
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.
There is some saving in the long run as smart homes are energy efficient, reducing consumption by 30 to 60 per cent.
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.
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.
"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.
Fine products and experiences for the discerning ladies and gentlemen
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.
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.
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.
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.
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
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.
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.
The Secret Code of Google's Success
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Book review: The Success Sutra by Devdutt Pattanaik
A must read for entrepreneurs, investors and
'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.
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.
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.India Inc is sitting on a huge cash pile, though its
Events to look forward to in August and September
Events to look forward to in August and September
The restaurant offers fantastic desserts. The puey lentil salad is also highly recommended for those who want to tuck into some protein.
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