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Union Minister Piyush Goyal met with luxury giants LVMH and L'Oreal to boost India's manufacturing, exports, and investments. Discussions centered on expanding production, nurturing local talent, and integrating Indian culture into global luxury supply chains. The talks also explored new avenues for India's beauty and personal care sector, leveraging L'Oreal's recent tech hub launch in Hyderabad.

Whyte & Mackay, is understood to be interested in second-tier malts and in consolidating the supply of spirit for Scotch whiskies as it seeks to tighten its grip on the fast-growing Indian market.

On the Forbes real time billionaires list, Bernard Arnault is placed at the 1st position with a wealth of $188.6 billion, while Musk has slipped to second with a total net worth of $178.6 billion.

There was a surprise buyer for grapes just as the crushing season began in India's wine heartland Nashik this month.

Global luxury brands conglomerate Louis Vuitton Moet Hennessy (LVMH) is planning a $500m-600 million private equity fund in India for investing in brands and retail chains.

Louis Vuitton is losing ground as the world's most valuable luxury brand as competitors including Gucci and Prada gain, a new research report shows.

Mukesh Ambani has surged past Europe’s wealthiest man, making him the world’s fourth-richest person. Reliance Industries Ltd’s chairman is now worth $80.6 billion, after amassing $22 billion this year. That gives him a bigger wealth pile than France’s Bernard Arnault, whose lvmh moet hennessy Louis Vuitton SE has suffered from customers curbing high-end purchases.

Mark Zuckerberg overtakes Elon Musk as the third-richest globally, with Musk slipping to fourth due to Tesla's stock decline. Zuckerberg's net worth is $186.9 billion, behind Bernard Arnault and Jeff Bezos.

Textile tycoon Sanjay Lalbhai-led Arvind is likely to take over the Indian operations of cosmetics and beauty retailer Sephora, owned by French luxury conglomerate lvmh moet hennessy Louis Vuitton, marking a new alignment in the country’s fast consolidating retail industry.

India’s largest winemaker Nashik Vintners, owners of Sula wines, has kicked off a big stake sale to facilitate exit for financial investors who control around 50% in the company valued at about $125 million, said people directly familiar with the process.

Bernard Arnault, the richest man in the world, has appointed his daughter Delphine to run LVMH's second-biggest brand, Dior. He is continuing to elevate his children to key posts in his luxury empire. The move comes after Antoine Arnault, the eldest son, was recently given a wider role within the business.

Jewellery and saree retailers down south have followed a similar strategy after analyzing sales data in the nearby cities of Kochi, Tiruchirapalli, Coimbatore and Kozhikode.

The award that recognises special achievements and public services of people will be honouring the singer for her philanthropic contributions, reported a magazine.

France's champagne industry group on Monday blasted a new Russian law forcing foreign champagne producers to add a "sparkling wine" reference to their bottles and called for champagne exports to Russia to be halted.

The world`s largest drinks company Diageo Plc expects emerging markets to contribute almost 50% of its global revenues by 2015.

French Giant May Partner Delhi-Based Genesis To Bring Beauty Retailer

Gitanjali Gems Ltd was placed in the 30th rank, followed by Titan Company (31st) and PC Jeweller (44th) in the fourth annual Global Powers of Luxury Goods report.

Reliance Brands, a privately held firm of Reliance Industries chairman Mukesh Ambani, has been in talks to launch Louis Vuitton Moet Hennessy (LVMH) owned beauty retailer Sephora, and a high-end women’s clothing brand BCBG, as the company looks to add more international brands to the country’s evolving fashion and personal grooming business.