Brands
Lexar snaps up No.1 spot in India’s camera memory card market
MUMBAI: Lexar zooms into top frame with India’s No.1 camera card crown. If memory serves you right make it Lexar. The global memory and storage brand has just captured the No.1 position in India’s camera memory card market, according to the latest CMR Consumer Storage Flash Devices Report (Q1 CY2025).
The numbers speak volumes: Lexar holds a whopping 69 per cent share in the high-performance CFexpress category and 36 per cent market share by value in SD cards, making it the overall leader in the segment. Cfexpress cards, known for lightning-fast speeds, are the go-to choice for professionals working with 4K and 8K content and Lexar seems to have won the confidence of India’s digital creators by a landslide.
“Securing the No.1 position in India’s camera memory card market is a significant milestone,” said Lexar general manager of India Middle East and Africa Fissal Oubida. “This latest CMR report is a testament to our focused strategy, product innovation, and growing trust among professionals and enthusiasts alike.”
Lexar’s rise has been powered by a portfolio that ticks all the right boxes: breakneck read/write speeds, rugged reliability, and storage options that range from compact gigabytes to hefty terabytes. Whether it’s a wedding in the monsoon or wildlife in the Thar, Lexar’s weather-sealed, shockproof cards are built to take the shot and survive it.
The company’s professional-grade offerings include Cfexpress, SDXC, microSD, card readers, and portable SSDs, all geared toward creators who need storage that keeps up with their vision.
Lexar’s Indian distribution muscle via Redington Ltd., Creative Newtech Ltd., and Supertron Electronics Pvt Ltd has also helped the brand stay close to the country’s fast-expanding imaging and content creation ecosystem.
As digital storytelling and creator-led content continue to boom in India, Lexar’s ability to blend speed, safety, and scale has positioned it as a brand not just capturing data but capturing the moment.
Brands
Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
