Business
These 7 Rich People Live In Gurugram’s Poshest Society Where Flats Cost More Than Luxury Cars

Gurugram has long been considered the corporate capital, but one residential tower has now become a symbol of how the super-rich prefer to live. DLF’s ultra-luxury project ‘The Camellias’, spread across Sector 42 along Golf Course Road, is today the costliest address in the city, where even a single apartment can rival the price of a fleet of imported luxury cars. Launched in 2014 at a base price of Rs 22,500 per square foot, the project’s rates have skyrocketed to nearly Rs 85,000 per square foot in 2025. An average flat here runs into dozens of crores, while the largest penthouses easily touch Rs 150–200 crore. (News18 Hindi)

The society has quietly attracted a who’s who of entrepreneurs and business leaders, many of whom have shifted in with record-breaking property deals. One of the latest entrants is London-based billionaire, Sukhpal Singh Ahluwalia, who recently sealed a deal for an 11,416-square-foot apartment worth Rs 100 crore. Ahluwalia, who already owns a grand bungalow in Delhi’s Lutyens zone, is now among the high-profile names calling Camellias home. (News18 Hindi)

The project has also recorded the city’s costliest penthouse sale. Rishi Party, CEO of Info-X Software, bought a massive 16,290-square-foot penthouse for Rs 190 crore. The deal, finalised on December 2, 2024, came with a stamp duty payment of Rs 13.30 crore, one of the highest in Gurugram’s real estate history. (News18 Hindi)

Another big-ticket buyer is Deep Kalra, founder of MakeMyTrip, who along with his wife Amrita, purchased a 7,430-square-foot apartment for Rs 46.25 crore. (News18 Hindi)

Sameer Manchanda, founder of DEN Networks, and his wife Kavita too are part of the elite neighbourhood. Their 10,813-square-foot apartment cost Rs 37.83 crore, bought in 2019 but officially registered only in March 2024 after final payments. A stamp duty of Rs 2.27 crore was paid on the property. (News18 Hindi)

From the startup world, Aman Gupta, co-founder of boAt, joined the list of high-profile residents when he picked up an apartment worth Rs 52.3 crore in August 2022. Officially registered in March 2025, Gupta also paid a stamp duty of Rs 3.66 crore on the deal. (News18 Hindi)

The power couple behind Mamaearth, Varun and Ghazal Alagh, already own a 10,000-square-foot residence here, reportedly valued at around Rs 100 crore. Ghazal, who also gained fame as a judge on Shark Tank India, often highlights her move into the high-rise as a lifestyle upgrade. (News18 Hindi)
Business
Women in banking: SBI aims for 30% female workforce by 2030; steps up inclusion and health initiatives – The Times of India

The State Bank of India (SBI) has set a target to raise the share of women in its workforce to 30 per cent by 2030 as part of a broader push to strengthen gender diversity and inclusivity across all levels of the organisation.SBI Deputy Managing Director (HR) and Chief Development Officer (CDO) Kishore Kumar Poludasu told PTI that women currently account for about 27 per cent of the bank’s total workforce, though the figure rises to nearly 33 per cent among frontline staff.“We will be working towards improving this percentage so that diversity gets further strengthened,” Poludasu said, adding that the bank is taking targeted measures to bridge the gap and meet its medium-term diversity goal.With a staff strength of over 2.4 lakh — among the highest for any organisation in the country — SBI has rolled out several initiatives aimed at creating a workplace where women can thrive professionally while maintaining work-life balance.Among the women-centric measures, the bank offers creche allowances for working mothers, a family connect programme, and dedicated training sessions to help women re-enter the workforce after maternity, sabbatical, or extended sick leave.Poludasu said SBI’s flagship initiative, Empower Her, is designed to identify, mentor, and groom women employees for leadership roles through structured leadership labs and coaching sessions. The programme aims to strengthen the pipeline of women leaders across the organisation.The bank has also introduced wellness initiatives tailored to women’s health needs, including breast and cervical cancer screenings, nutritional allowances for pregnant employees, and a cervical cancer vaccination drive.“These programmes are designed keeping in mind the women and girls who are employed in the bank,” Poludasu said, adding that SBI remains committed to fostering an inclusive, secure, and empowering workplace.Currently, the lender operates over 340 all-women branches across India, and the number is expected to increase in the coming years.SBI, one of the world’s top 50 banks by asset size, has also been recognised among India’s best employers by multiple organisations. Poludasu said the bank continues to drive innovation across processes, technology, and customer experience while ensuring that diversity and inclusion remain central to its transformation journey.
Business
Trade talks: India, EU wrap up 14th round of FTA negotiations; push on to seal deal by December – The Times of India

India and the 27-nation European Union (EU) have concluded the 14th round of negotiations for a proposed free trade agreement (FTA) in Brussels, as both sides look to resolve outstanding issues and move closer to signing the deal by the end of the year, PTI reported citing an official.The five-day round, which began on October 6, focused on narrowing gaps across key areas of trade in goods and services. Indian negotiators were later joined by Commerce Secretary Rajesh Agrawal in the final days to provide additional momentum to the talks.During his visit, Agrawal held discussions with Sabine Weyand, Director General for Trade at the European Commission, as both sides worked to accelerate progress on the long-pending trade pact.Commerce and Industry Minister Piyush Goyal recently said he was hopeful that the two sides would be able to sign the agreement soon. Goyal is also expected to travel to Brussels to meet his EU counterpart Maros Sefcovic for a high-level review of the progress made so far.Both India and the EU have set an ambitious target to conclude the negotiations by December, officials familiar with the matter said, PTI reported.Negotiations for a comprehensive trade pact between India and the EU were relaunched in June 2022 after a hiatus of more than eight years. The process had been suspended in 2013 due to significant differences over market access and tariff liberalisation.The EU has sought deeper tariff cuts in sectors such as automobiles and medical devices, alongside reductions in duties on products including wine, spirits, meat, and poultry. It has also pressed for a stronger intellectual property framework as part of the agreement.For India, the proposed pact holds potential to make key export categories such as ready-made garments, pharmaceuticals, steel, petroleum products, and electrical machinery more competitive in the European market.The India-EU trade pact talks span 23 policy chapters covering areas such as trade in goods and services, investment protection, sanitary and phytosanitary standards, technical barriers to trade, rules of origin, customs procedures, competition, trade defence, government procurement, dispute resolution, geographical indications, and sustainable development.India’s bilateral trade in goods with the EU stood at $136.53 billion in 2024–25, comprising exports worth $75.85 billion and imports valued at $60.68 billion — making the bloc India’s largest trading partner for goods.The EU accounts for nearly 17 per cent of India’s total exports, while India represents around 9 per cent of the bloc’s overall exports to global markets. Bilateral trade in services between the two partners was estimated at $51.45 billion in 2023.
Business
Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden – The Times of India

The gap between telecom operators’ network expenditure and revenue continues to widen, prompting industry body COAI to defend calls for higher mobile tariffs, citing the increasing financial burden of network deployment on service providers.Speaking at the India Mobile Congress, Cellular Operators Association of India (COAI) Director General, SP Kochhar, told PTI that while the government has provided significant support to telecom operators through policies such as the right of way (RoW), several authorities continue to levy exorbitant charges for laying network elements.“Earlier, the gap until 2024 for infrastructure development and revenue received from tariffs was around Rs 10,000 crore. Now it has started increasing even further. Our cost of rolling out networks should be reduced by a reduction in the price of spectrum, levies etc. The Centre has come out with a very good ROW policy. It is a different matter that many people have not yet fallen in line and are still charging extremely high,” Kochhar said.He also defended the recent cut in data packs for entry-level tariff plans by select operators, stressing that the move was necessary given competitive pressures.Kochhar pointed out that competition among the four telecom operators remains intense, and there has been no significant trend suggesting that consumers are shifting towards low-cost data options.“There is a need to find ways to make high network users pay more for the data. Seventy per cent of the traffic which flows on our networks is by 4 to 5 LTGs (large traffic generators like YouTube, Netflix, Facebook etc). They pay zero. Nobody will blame OTT but they will blame the network. Our demand to the government is that they [LTGs] should contribute to the development of networks,” Kochhar said.He added that the investments made by Indian telecom operators are intended for the benefit of domestic consumers and are not meant to serve as a medium for profit for international players who do not bear any cost.
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