Author: Sutun Nayak

Becomes the First Company in the Indian Gems & Jewellery Sector to surpass the Wage Code Norms of 50%

Surat (Gujarat) [India], April 23: In a progressive move that puts people at the heart of policy, Shree Ramkrishna Exports (SRK), one of India’s leading natural diamond crafting and export companies, has become the first in the gems and jewellery sector to go beyond the statutory requirements of the Code on Wages, 2019 by implementing a 55% fixed wage structure, exceeding the mandated 50%. At a time when India’s new labour codes are reshaping compensation frameworks across industries, SRK has chosen to lead with intent and responsibility.

Under the Code on Wages, 2019, wages comprising basic pay, dearness allowance, and retaining allowance must constitute at least 50% of an employee’s total remuneration, a reform aimed at bringing greater transparency, uniformity, and fairness to compensation practices. SRK has consciously gone a step further by increasing this to 55%, reinforcing its belief that true progress is driven by the well-being and financial security of its people.

For SRK, this is not merely a structural change in salary design, but a meaningful shift in how employees experience stability and dignity at work. By strengthening the fixed component of wages, employees benefit from a more predictable and reliable income, reducing dependence on variable pay elements. This change also leads to higher contributions toward statutory benefits such as provident fund and gratuity, thereby strengthening long-term financial security and retirement readiness. Over time, this translates into more substantial savings, greater confidence about the future, and a deeper sense of trust in the organisation. The move also simplifies salary structures, making them more transparent and easier to understand, which further enhances employee confidence and engagement. In essence, this additional 5% is not just an incremental increase; rather, it creates a tangible and lasting difference in the lives of thousands of employees and their families.

This initiative builds on SRK’s deeply rooted people-first philosophy, where employee well-being, dignity, and long-term financial security have always been central to decision-making—well before regulatory mandates.

Commenting on the initiative, Shri Jayanti Narola, Managing Director, SRK, said, “At SRK, we have always believed in setting benchmarks rather than simply following them. Moving beyond the mandated wage structure is a reflection of our commitment to fairness, transparency, and the long-term prosperity of our people. Thisis about consciously investing in the future of those who power our organisation.” 

Dr. Nirav Mandir, Chief Human Capital & Sustainability Officer, SRK, added, “Strengthening the wage component directly enhances the financial security of our people. This decision ensures that the intent of regulatory reform is not only implemented but genuinely experienced in everyday life. It reflects our belief in building a workplace where every individual feels secure, valued, and empowered.”

The implementation of India’s new labour codes marks an important step toward modernising the country’s labour ecosystem, with a strong emphasis on transparency and social security. SRK’s proactive move demonstrates how organisations can embrace such reforms as an opportunity to create deeper, more meaningful impact rather than viewing them as regulatory obligations. By going beyond compliance, SRK is setting a powerful example for the industry, showing that responsible business practices and people-centric growth can go hand in hand. This approach is further reinforced by SRK’s state-of-the-art wage administration practices, which are setting new benchmarks not only within the gems and jewellery sector but also across industries. While certain aspects of wage implementation are guided by regulatory frameworks, many progressive measures at SRK are driven by the leadership’s proactive commitment, reflecting a conscious balance between compliance and conviction in building a future-ready, people-first organisation.

For more information, please visit: https://srk.one/

India’s first design-led mechanical watch house arrives on the global stage of fine horology.

Gurugram (Haryana) [India], April 23: Rotoris, India’s most desirable watch brand and the country’s first design-led mechanical watch house, attended Watches & Wonders Geneva, the world’s most prestigious watch fair and the defining event of the international watch calendar. Held from 14 to 20 April 2026 at Palexpo, Geneva, Watches & Wonders is where the industry’s most established maisons reveal their annual direction to global retailers, collectors, and media. For Rotoris, a brand that launched in February 2026 and arrived in Geneva within its first 14 months of existence, the fair marked a categorical moment in the way a new generation of Indian watchmaking registers on the world stage.

Rotoris’ presence extends well beyond showing up. During the fair, Rotoris was featured on the cover of one of the watch industry’s most established international titles, a recognition rarely accorded to a brand this early in its journey, and one that speaks directly to the seriousness with which the global watch community received the brand. Across the four professional days of the fair, Rotoris drew substantive engagement from international buyers, institutional media, and independent collectors, arriving as a global watch brand of Indian origin on its own terms.

Founded in 2025 by Aakash Anand, Prerna Gupta, Anant Narula, Kunal Kapania, and Harman Wadhwa, India’s only formally Switzerland-trained watchmaker, Rotoris is engineered to evoke the emotion of becoming more, building design-led timepieces for the ever-evolving consumer. The brand launched with five collections: Auriqua, Monarch, Astonia, Arvion, and Manifesta. Its debut drop of 2,100 numbered timepieces sold out within the first month of release.

Each Rotoris timepiece is assembled in India with components sourced from Switzerland, Italy, various parts of Asia, and specialist manufacturing hubs globally. Backed by ₹25 crore in seed investment from marquee names including Nikhil Kamath (Zerodha), Vivek Anand Oberoi, and Tanmay Bhat, and operating on a deliberate, limited-drop, invite-only model, Rotoris has built institutional credibility at a pace rare even by global standards.

“Rotoris is a global watch brand from India. Built on Indian craftsmanship. Powered by the finest components from around the world. Geneva confirmed a belief we have held from day one: that a new generation of Indian founders is building for the world on the world’s own terms. We showed up with precision, with standards, and with clear ambition. This is the beginning.”

— Aakash Anand, Founder, Rotoris

Rotoris’ presence in Geneva arrives at a critical inflection point for Indian commerce and luxury. As India charts its course toward a $1 trillion consumer economy, a new cohort of Indian founders is redefining the terms on which India enters global industries. Rotoris at Watches & Wonders is a precise expression of this transition: a brand that entered a Swiss-dominated industry on the industry’s own terms. In a week historically defined by century-old European maisons, Rotoris’ presence signals, formally and publicly, that the geography of fine watchmaking is expanding.

“Geneva gave us a clear read on where Rotoris fits in the global conversation. The meetings, the floor time, the product on wrists that have seen everything. It confirmed what we already believed: there is room for a design-led Indian watch house on the world stage, and the appetite is real. We came back with a sharper sense of the road ahead, and a quiet certainty that what we are building will meet it.”

— Prerna Gupta, Co-Founder, Rotoris

ABOUT ROTORIS

Rotoris is India’s first design-led mechanical watch house, founded in 2025 and headquartered in Gurugram, with the ambition of building a world-class product for the global stage. The brand’s first five collections feature sapphire crystal, automatic and Q-Matic movements, and 316L surgical-grade stainless steel, assembled in India under the direction of the country’s only formally Switzerland-trained watchmaker. Each timepiece is individually numbered and released through a limited-drop, invite-only model. Rotoris raised $3 million in seed funding in December 2025. For more information, visit www.rotoris.com.

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Mumbai (Maharashtra) [India], April 23: Travel insurance is often the one part of an overseas trip that first-time travellers underestimate, until something goes wrong. A medical emergency, missed flight, lost passport, or delayed baggage can quickly turn an exciting journey into a stressful and expensive experience. The right cover does more than meet a travel requirement. It protects your health, your money, and your peace of mind when plans do not unfold as expected.

In this article, we will look at the key travel insurance tips first-time international travellers should know before choosing a policy.

Don’t Just Buy the Cheapest Plan

A low premium can look attractive when your travel budget is already stretched, but the cheapest plan isn’t always the smartest. The policy should suit your trip, your destination, and the kind of support you may need if something goes wrong. IRDAI specifically advises travellers not to be tempted by the cheapest cover alone.

• Compare the benefits, exclusions, and claim limits, not just the price.
• Check whether the policy actually covers the common risks linked to your journey.

Prioritise Medical Coverage

Medical cover is usually the part of travel insurance that matters most. Travel guidance suggests buying insurance that covers health conditions and treatment abroad before you travel. This becomes even more important when you are visiting a country where treatment may be expensive or where hospitals may ask for proof of cover or payment arrangements.

• Emergency treatment, hospitalisation, and doctor consultations
• Medical evacuation, repatriation, or assistance in a serious emergency

Check Trip Cancellation and Delays

Travel plans can change suddenly, even when everything looked settled at the time of booking. A delayed flight, missed connection, or unexpected cancellation can create extra hotel, transport, or rebooking costs. Government travel guidance notes that policy terms can vary, so it is worth checking whether cancellation and disruption cover begins early enough and applies to the situations most relevant to your trip.

• Cancellation cover before departure
• Delay, missed connection, and rescheduling benefits

Protect Your Baggage and Documents

First-time international travellers often think about luggage, but documents matter just as much. IRDAI notes that travel policies may cover baggage loss or damage, and passport loss, although the procedures and required documents can vary by cover type. That is why this section deserves attention before you buy, not after something goes missing abroad.

• Loss, theft, or delay of checked baggage
• Passport-related expenses and reporting requirements

Declare Pre-Existing Conditions Honestly

This is one of the most important areas in the buying process. According to the UK government guidance, travel insurance should cover existing conditions, including those under investigation, but that depends on honest disclosure and the insurer’s terms. If you leave out relevant medical information, you may create trouble later when a claim is reviewed.

• Ongoing treatment or diagnosed conditions
• Recent tests, symptoms, or medical advice that may be relevant

Understand Destination-Specific Needs

One policy does not suit every destination. Visa rules, healthcare access, local travel conditions, and activity risks can all affect the kind of cover you need. The European Commission notes that Schengen visa applications involve specific requirements, and travel advisories can also affect insurers’ assessment of the risk of cancellation or travel to certain places.

• Any insurance conditions linked to your visa or destination
• Local risks related to weather, transport, or planned activities

Check Claim Process and Support

A policy can look strong on paper, but still feel frustrating if the claims process is unclear. IRDAI suggests that the documents and formalities required for travel insurance claims differ by cover type and should be set out in the policy wording. For that reason, first-time travellers should review the process in advance and save emergency contact details before departure.

• Whom to contact in an emergency
• What records, bills, or reports may be needed for a claim

Read the Fine Print

The policy wording tells you how the cover actually works. GOV.UK guidance suggests carefully reviewing exclusions, including those linked to health conditions, destinations, and planned activities. This is also where you will usually find limits, conditions, and situations in which a claim may not be paid. Reading this section properly can prevent unpleasant surprises later.

• Exclusions, sub-limits, and policy conditions
• Rules around activities, negligence, and claim documentation

Conclusion

For first-time international travellers, travel insurance should be treated as part of the trip plan, not an afterthought added at the payment stage. The right policy can support you when plans change, baggage goes missing, or medical help is needed abroad. If you compare plans carefully, disclose details honestly, and read the wording properly, you are far more likely to travel with confidence and avoid preventable stress.

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Mumbai (Maharashtra) [India], April 23: Banke International Properties – India has announced a strong topline performance in Mumbai, closing approximately Rs 587 crore in gross transaction value during the last financial year. Presenting a robust year-on-year growth of around 20%, the transactions achieved reinforces the Banke’s growing presence in one of India’s most competitive real estate markets.

The residential segment dominated Banke’s business, contributing to nearly 90% of the overall transaction value. Commercial real estate accounted for the remaining 10%. Within the residential category, premium housing stood out as a key driver, accounting for approximately 40% of transactions. Luxury properties contributed around 20%, with the rest driven by mid-segment demand.

In the previous financial year, Banke also noted a steady demand across a typical ticket size range of Rs 1 crore to Rs 2 crore, with homebuyer behaviour reflecting a shift towards quality, prioritising better locations, and seeking reputed developers for their enhanced lifestyle offerings. The strategic partnerships inked with leading developers such as Lodha, Runwal, Godrej Properties, and Paradise Group, helped Banke in driving transaction volumes. These collaborations ensured that Banke managed to strengthen its deal pipeline through better access to inventory, better pricing alignment, and faster transaction closures.

Thane stood out as the highest-performing micro-market for Banke, contributing approximately 35% of the total transaction value. This was followed by consistent contributions from the Central and Western suburbs, along with Navi Mumbai and South Mumbai.

Commenting on the achievement, Porush Jhunjhunwala, Founder & CEO, Banke International Properties – India said, “In real estate, true scale is not defined by numbers alone, but by the depth of relationships, the integrity of advice, and the consistency of execution. In this evolving market, our focus remains on building a platform that delivers enduring value to both clients and partners while we look at setting new benchmarks for professionalism in the industry,”

During this period, Banke’s end-users accounted for approximately 70% of the total transactions, backed by a sustained demand from first-time homebuyers. Investors contributed the remaining 30%, with a continued focus on capital appreciation and rental income opportunities.

Banke’s advisory-led approach, backed by deep market expertise, curated inventory access, and a client-first philosophy, has been instrumental in closing high-value deals. The company’s emphasis on transparency and end-to-end service has only strengthened client trust in a highly competitive environment. Looking ahead, Banke International Properties is actively exploring development opportunities, particularly in plotted land projects aligned with the state government’s broader Mumbai 3.0 vision. This forms part of its ambition to double performance and achieve the Rs 1,000 crore milestone in the upcoming financial year. The recent launch of its new office in Andheri is expected to contributed by accelerating growth, particularly across the Western suburbs from Bandra to Borivali. Banke is also looking at active development opportunities, particularly in the area of plotted land development fitting into the larger Mumbai 3.0 plans of the state government. 

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Mumbai (Maharashtra) [India], April 23: International travel from India comes with bigger expenses, stricter visa rules, and risks that can quickly turn a smooth journey into a stressful one. That is why choosing the best travel insurance for international travel is not just a routine booking step. The right policy can protect you from medical emergencies, travel disruptions, and unexpected financial setbacks while providing dependable support when you are far from home.

This article explains what a good travel insurance plan should cover, the key factors you should compare before buying, the main types of plans available, and what usually affects the cost.

What a Good Travel Insurance Plan Must Cover

A policy should protect your health, money, and plans when things do not go smoothly.

Medical & Emergency

Medical cover should be the first thing you evaluate, not a small detail tucked away in the policy wording. A dependable plan should support hospitalisation, emergency treatment, medical evacuation, and round-the-clock assistance. For international trips, this part of the policy often matters more than any other feature because treatment overseas can become financially stressful very quickly.

Travel Disruptions

A good policy should also address disruptions that can derail a well-planned trip. Look for benefits linked to flight delays, baggage delay or loss, missed connections, and trip cancellation or interruption, subject to policy terms. These covers do not just reimburse expenses; they also reduce confusion when plans change without warning.

Personal Protection

Personal protection features can be easy to overlook until they are urgently needed. Passport loss, personal liability, and assistance with documentation-related issues can be useful, especially on longer or multi-country journeys. The best travel insurance for international travel from India usually combines medical protection with these practical travel safeguards.

Key Factors Smart Buyers Always Check

Before buying, compare the policy on these points instead of focusing only on the premium at first glance.

• Coverage Amount: Do not choose a plan just because it looks cheap. Medical costs vary by country, so your sum insured should match the destination and the level of risk.
• Claim Settlement Ratio: A strong record helps, but it should not be your only filter. Check how claims are handled, how good the emergency support is, and whether complaint resolution is smooth.
• Pre-Existing Disease Coverage: Not every policy covers existing medical conditions. Some exclude them, while others offer limited cover or add-ons. This matters even more for senior travellers.
• Destination-Specific Requirements: Insurance needs can differ by country. Schengen destinations have specific medical cover rules, while other countries may strongly recommend cover even when it is not mandatory.
• Useful Add-Ons: Choose add-ons that suit your trip, such as adventure sports or extra medical cover. Buy what fits your travel plans, not what simply sounds impressive.

Types of Travel Insurance Plans

Here are the various types of travel insurance plans:

• Single Trip Plan: Best for one specific international journey, whether for a holiday, work trip, or family visit. It covers only that travel period.
• Multi-Trip Plan: A smart pick for frequent flyers. You buy one annual plan instead of taking separate cover for every trip.
• Student Travel Insurance: Made for students going abroad for studies. It usually suits longer stays and study-related needs better than a regular travel plan.
• Senior Citizen Plans: Designed for older travellers who may need closer attention to medical conditions, disclosures, and suitable health-related cover during their journey and stay overseas.

How Much Does it Cost?

Travel insurance pricing is not fixed; it varies based on the trip’s risk profile. In most cases, insurers assess the premium using factors such as:

• Age: Older travellers may be subject to a different premium due to a higher medical risk.
• Destination: Countries with expensive healthcare systems usually affect pricing differently.
• Trip Duration: Longer journeys generally mean longer exposure to risk.
• Coverage Amount: Higher coverage usually means a higher premium.

Conclusion

Choosing the best travel insurance for international travel should never be reduced to the cheapest quote or the fastest checkout. A better approach is to match the policy to your destination, health profile, travel frequency, and support expectations. Thoughtful buyers compare wording, not just marketing. That is how travel insurance becomes a genuine layer of protection rather than a last-minute formality.

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Agra (Uttar Pradesh) [India], April 23: Corium Italia, the premium Italian furniture brand, marked its debut in Agra with an exclusive launch event at Vilasa Design, introducing the city’s first Italian furniture brand showroom. The launch showcased a curated collection of contemporary Italian sofas that combine innovation, comfort, and sculptural elegance—crafted for those who value understated luxury.

The evening brought together architects, design enthusiasts, and discerning consumers, offering an immersive experience of Italian living. Through curated hospitality and guided walkthroughs, guests engaged with the brand’s design philosophy, which emphasises the balance between aesthetics, functionality, and comfort. The collection highlighted refined detailing, fluid forms, and the tactile richness of premium materials. The event witnessed promiment figures including Vinod Thapa, Interior Designer & Director – Vinod Thapa Innovation Private Limited; Gulab Ladhani, Businessman; Puran Dawar, President – Shoe Export Industry; Rajesh Hemdev, Diamond Jewellery Retailer; Surendra Kumar Jain, President – Help Agra NGO; Dr. Shivani Chaturvedi, Gynaecologist; Suresh Seetlani, President – Sindh HelpAge.

Originating from Florence, Italy—renowned for its legacy in art, fashion, and fine leather craftsmanship—Corium Italia is rooted in a philosophy of precision and timeless design. Founded by Rino and Edoardo, the brand reflects a strong focus on craftsmanship and material integrity, with each piece conceived as an expression of artistry.

“India continues to be a key growth market for us, with consumer demand increasingly moving beyond functionality towards design, craftsmanship, and overall experience. With Corium Italia, we are introducing a distinct Italian design language supported by global expertise, while remaining aligned with local preferences. We are committed to delivering products that seamlessly balance aesthetics, comfort, and durability,” said Manoj Kumar Nair, Country Head – Brands, India, Middle East and Africa, HTL Group of Companies.

With its entry into Agra, Corium Italia continues to expand its presence in India, catering to the growing demand for design-led furniture across emerging markets. 

About Corium Italia: 

Corium Italia is an Italian sofa manufacturer with extensive experience in the product development, design, manufacturing and sales of sofas. It was originated from the heart of Florence, Italy, a country famed for their passion in design, beauty and fashion, yet deep-rooted with a rich blend of culture and heritage. 

Corium Italia promises a suite of upmarket and modern Italian designer sofas for the esteemed customers. We draw our inspirations from Tuscany’s rich heritage and tradition of passion, excellence and accomplishment, dedicated towards ideals of beauty and perfection. 

Every piece of furniture is crafted through expert craftsmanship, precision and ultimate attention to detail in the finishing touches. Corium Italia reveals itself through a restless passion to pursue beauty and perfection, not to be noticed, but to be remembered. 

Life is what we make of it. 

Live with pride.

Visit: https://coriumindia.com/

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