Brands
Fashion TV makes magical luxury home deal with Merlin group for Kolkata
MUMBAI: In a fashionable move, Kolkata-based developer Merlin group has announced a partnership with Fashion TV (FTV) to launch the city’s first branded luxury residential project, F Residences, in Rajarhat-New Town.
The Rs 900 crore development aims to bring international luxury living standards to eastern India, comparable to high-end residences across Asia and Europe, according to Merlin Group managing director Saket Mohta. Fashion TV will provide technical expertise for an undisclosed licensing fee.
“The key driver for this association is aspiration, not margins. Kolkata’s homeowners are increasingly seeking globally inspired designs and amenities,” said Mohta, noting this marks Merlin’s first branded luxury venture.
Fashion TV India managing director Kashiff Khan confirmed the company’s exclusive partnership with Merlin in Kolkata, whilst revealing ongoing discussions for projects in Ranchi and Guwahati. FTV currently has twelve residential developments under construction across India, alongside franchise partnerships in twenty product categories.
The first phase will comprise 880 units featuring a two-tier swimming pool, standalone clubhouse and rooftop Cloud Forest.
Merlin Group, which has delivered over 150 projects across India and Sri Lanka, including the World Trade Center Kolkata, plans to develop 20 million square feet of residential and commercial space in upcoming projects.
Brands
Hyundai India posts record April sales with 17-per cent growth
Domestic sales hit 51,902 units, exports stand at 13,708 units
MUMBAI: Hyundai is clearly shifting gears and April has put the pedal firmly to the metal. Hyundai Motor India Limited (HMIL) has reported its highest-ever domestic sales for the month of April, clocking 51,902 units in April 2026, marking a 17 per cent year-on-year growth. The milestone sets a strong tone for the new financial year, signalling sustained demand momentum across its portfolio. Alongside domestic performance, the company recorded export volumes of 13,708 units for the month, underlining its continued strength in overseas markets.
The growth has been driven by a mix of refreshed models and special editions across segments. Recent launches and updates including the Exter, Verna, Ioniq 5, Creta Summer Edition, Grand i10 NIOS Vibe Edition and Venue Knight Edition have helped keep the line-up competitive in an increasingly crowded market.
A standout performer was the Venue, which recorded its highest-ever monthly domestic sales of 12,420 units. The model’s 5-Star Bharat NCAP safety rating, including for the VENUE N Line, appears to have bolstered consumer confidence, reflecting a broader industry shift where safety credentials are becoming a key purchase driver.
Tarun Garg, Managing Director and CEO, HMIL, said the company has carried forward recent momentum into the new financial year, with product interventions and safety-focused positioning playing a central role in driving growth.
The numbers suggest Hyundai’s strategy is ticking multiple boxes fresh product cycles, safety-led messaging and steady export performance. If April is any indication, the company isn’t just starting the year strong, it’s aiming to keep the engine running at full throttle.
