Category: Business

  • A Statement in Every Line: Hafele’s Classic and Design Door Profiles

    A Statement in Every Line: Hafele’s Classic and Design Door Profiles

    New Delhi [India], February 27: Aluminium door profiles have become an essential design element in contemporary interiors, bringing clean lines, metallic sheen and long-lasting performance to wardrobes and cabinets. Unlike traditional wooden frames that may warp or deteriorate over time, aluminium profiles retain their form and finish through changing seasons, resisting rust, corrosion and everyday wear. Strengthening this design narrative, Hafele introduces its new state-of-the-art Classic and Design Series Aluminium Door Profiles, thoughtfully engineered to balance visual elegance with everyday functionality.

    Designed for versatile application, these profiles can be seamlessly installed on wooden, glass as well as mirror doors, enabling unique and customised wardrobe and cabinet compositions. Available in a range of contemporary metallic finishes, the series offers the flexibility to suit both minimalist and luxurious interior styles.

    Hafele’s

     

    The Hafele Classic Series Door Profiles are crafted for those who appreciate understated sophistication. Designed primarily for wooden wardrobe and cabinet doors, these slim aluminium frames are available in timeless gold, grey and bold black finishes. Their refined, minimalist design lends doors a modern yet subtle character, while their lightweight yet robust construction ensures smooth movement and structural stability. Highly resistant to wear, corrosion and long-term use, the Classic Series offers a durable, low-maintenance solution for everyday living.

    The Hafele Design Series Door Profiles, on the other hand, are created to make a more expressive design statement. Developed for glass wardrobe and cabinet doors, this series stands out with its premium leather-textured finishes in brown, tan and beige tones. The combination of aluminium profiles with leatherette detailing adds warmth and tactile appeal, transforming doors into striking visual features. Designed to support larger door formats, the Design Series enables bold, contemporary compositions without compromising on stability or performance.

    With enhanced flexibility across materials, finishes and formats, Hafele’s Classic and Design Series Door Profiles empower designers and homeowners to create wardrobes and cabinets that reflect personal style whether through timeless minimalism or elevated material expression while delivering durability, effortless maintenance and enduring design appeal.

    Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

    Log onto https://www.Hafeleindia.com/en/info/service/contact-us/410/ to find the nearest store.

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  • Spark Capital PWM Opens New Kochi Office to Serve Kerala’s Growing UHNW and NRI Clients

    Spark Capital PWM Opens New Kochi Office to Serve Kerala’s Growing UHNW and NRI Clients

    Kochi, (Kerala) [India], February 27: Spark Capital Private Wealth Management (Spark Capital PWM), one of India’s fastest-growing independent wealth management firms, today announced the opening of its expanded office in Kochi, Kerala, reinforcing its commitment to serving the evolving needs of Ultra-High-Net-Worth (UHNW) families, entrepreneurs, and the global NRI community.

    The expansion comes in response to strong demand from Kerala, which has driven significant growth in Spark Capital PWM’s local team. The firm has moved into a larger office space in Kochi to accommodate this growth and strengthen its client engagement capabilities in the region.

    The Kochi office, along with one in Thiruvananthapuram and the firm’s international office in DIFC, Dubai, will play a strategic role in meeting the wealth management needs of NRIs from Kerala and other southern states.

    Arpita Vinay, Senior Managing Director & CEO, Spark Capital PWM, said, “Kerala represents one of India’s most vibrant and globally connected wealth markets. Our expansion in Kochi is a natural progression of Spark Capital PWM’s growth journey, driven by deep client trust and increasing demand for institutional-quality advisory and multi-family office solutions. We are committed to building long-term partnerships with families across generations.”

    Kishore Rijhwani, Managing Director — Private Clients, Spark Capital PWM, added, “Kochi is a key wealth centre with a strong entrepreneurial ecosystem and significant NRI influence. With this new office, we are further strengthening our ability to serve clients with a personalised, open-architecture advisory model, supported by Spark’s investment expertise and a rapidly growing on-ground team.”

    Geo Thomson, Deputy Managing Director & Head of Kerala, Spark Capital PWM, said, “Kerala’s wealth landscape is unique—shaped by a thriving diaspora, a strong culture of entrepreneurship, and families who value long-term financial planning. Our expanded presence in Kochi allows us to deepen relationships with clients and offer them the proximity and personalised attention they deserve. We’re excited to grow alongside the families and businesses we serve in this region.”

    Spark Capital PWM continues its expansion strategy, scaling its presence across key wealth markets in India and internationally. The firm now operates across 12 Indian cities—Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Ahmedabad, Pune, Kolkata, Lucknow, Kanpur, Kochi, and Thiruvananthapuram—as well as an overseas office in Dubai (DIFC).

    Spark Capital PWM’s growth is driven by its distinctive Multi-Family Office proposition, which integrates comprehensive investment advisory services with governance, succession planning, philanthropy, and holistic lifestyle solutions. This approach directly addresses the complex and evolving needs of India’s leading wealth creators, offering tailored, institution-grade solutions.

    About Spark Capital PWM

    Spark PWM Private Limited is a subsidiary of Spark Capital Advisors (India) Limited. The company extends the core DNA of Spark Capital—Knowledge, Integrity, Trust, and Transparency—to help affluent families, business owners, family offices, new-age entrepreneurs, and CXOs navigate a world of opportunities and risks. Spark Capital PWM offers products and services designed to help clients seamlessly create, preserve, and transition wealth across generations, supported by a robust Investment Policy Framework backed by research and superior execution.

    For important disclosures regarding Spark PWM Private Limited, visit: https://www.sparkcapital.in/who-we-are/regulatory-information

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  • Patel Retail Limited Receives Export Authorization for Wheat Flour and Related Products from DGFT

    Patel Retail Limited Receives Export Authorization for Wheat Flour and Related Products from DGFT

    Mumbai (Maharashtra) [India], February 27: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), one of India’s leading integrated retail and food processing companies and a prominent exporter of agricultural and food products, is pleased to announce that it has received export authorization for wheat flour and related products.

    The authorization has been granted by the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, Government of India. With this approval, the Company is now authorized to export wheat flour and related products to its international customers across various global markets. This milestone further strengthens the company’s export capabilities and reinforces its expanding global presence.

    The development underscores the Company’s strong export track record, robust manufacturing infrastructure, and unwavering commitment to maintaining the highest quality standards in compliance with international requirements.

    Commenting on the development, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, expressed his delight, stating, “We are pleased to announce the receipt of export authorization, which marks a significant milestone for us and further reinforces our position as a reliable exporter from India. This achievement reflects our strong operational capabilities and the trust placed in us by the authorities. We remain committed to expanding our global footprint and consistently delivering high-quality products to customers worldwide.”

    Our Company continues to focus on strengthening its export business and contributing meaningfully to India’s growing presence in the global food trade.

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  • Only 1.4 Percent Have Cracked AI in HR, 68 percent Still Catching Up- HROne HCM Software’s 2026 Research Reveals

    Only 1.4 Percent Have Cracked AI in HR, 68 percent Still Catching Up- HROne HCM Software’s 2026 Research Reveals

    New Delhi [India], February 27: HROne, a leading HCM software, today released AI in HR 2026: State of Adoption, Readiness & Impact, a national research study revealing a widening structural gap in enterprise HR that only 1.4% of organizations qualify as fully “AI-First,” with mature governance and accountability frameworks in place.

    Unveiled at the HROne AI Summit 2026, the report draws insights from 693 HR leaders across startups, mid-market firms, and large enterprises. The findings show that AI adoption is accelerating particularly in recruitment, analytics, and HR operations, but institutional clarity around decision ownership and ethical oversight remains underdeveloped.

    As AI begins shaping who gets hired, promoted, flagged for attrition risk, or cleared in payroll cycles, gaps in governance increasingly translate into enterprise risk affecting compliance, fairness, reputation, and leadership credibility.

    The central message is clear: AI is already shaping people’s decisions. What remains undefined is who ultimately owns those decisions and how they are defended.

    Inside the Report: Mapping AI’s Influence on HR Decisions

    HROne’s AI in HR 2026 Report moves beyond adoption metrics to assess decision maturity and structural readiness. It combines benchmark data with interpretive analysis to evaluate where AI is embedded in live workflows and whether it is being scaled responsibly.

    Key insights include:

    • 68% of HR teams remain in pre-scale stages of AI maturity
    • Only 1.4% qualify as “AI-First,” combining scaled usage with governance readiness
    • Recruitment and analytics lead adoption, driven by volume and decision latency pressure
    • Governance and ethical preparedness rank as the weakest maturity pillars
    • Most HR leaders expect 25–40% of HR work to be augmented by AI by 2026 not replaced
    • Adoption is largely bottom-up, while governance remains fragmented

    The report introduces the HROne AI Index 2026, a benchmark framework measuring organizations across three pillars:

    • AI Adoption – Live workflow integration
    • AI Readiness – Skills, governance, and cultural preparedness
    • AI Impact – Measurable efficiency, quality, employee experience, and credibility gains

    The index reveals a consistent pattern: technology deployment is outpacing structural preparedness.

    Why This Report Matters for HR Leadership Now

    AI’s presence in HR is no longer hypothetical. It is already influencing hiring shortlists, attrition risk signals, payroll anomaly detection, performance documentation, employee query resolution, and more.

    However, the study highlights a structural imbalance: Adoption is largely bottom-up and pressure-driven. Governance is top-down and incomplete. This creates a fragile middle state where AI influences decisions without clearly defined ownership frameworks.

    For CHROs and HR leaders, the report reframes the conversation from tool adoption to structural readiness. As noted in the report’s foreword:

    “AI will not reduce the importance of HR. It will redefine it. The question is no longer whether HR should use AI but whether HR will lead AI adoption or be led by it.”
    —Karan Jain, Founder, HROne

    The research emphasizes that the real competitive advantage lies not in deploying more AI tools, but in designing systems where human judgment, explainability, and ethical accountability remain intact.

    Why This Matters for India’s Business Ecosystem

    India’s workforce scale, regulatory complexity and high-volume HR environments create conditions where AI is adopted quickly, often out of operational necessity.

    However, the report argues that scaling AI without defined accountability structures introduces systemic risks:

    • Unclear ownership of AI-influenced hiring outcomes
    • Bias exposure without audit mechanisms
    • Payroll or compliance errors amplified by automation
    • Leadership decisions influenced by opaque algorithmic signals

    In a market where trust and governance increasingly shape enterprise valuation, AI maturity in HR becomes a board-level issue, not merely a functional one.

    The study suggests that the next competitive advantage will not belong to organizations that deploy AI fastest, but to those that embed it with explainability, human oversight and decision clarity.

    Extending HROne’s Vision: Building People-First AI Systems at Scale

    The launch of the research reflects HROne’s long-term commitment to responsible, execution-grounded AI integration in HR. Rather than positioning AI as a feature upgrade, the report frames it as an operating model shift — one that requires workflow redesign, AI fluency, human-in-the-loop governance, and structured bias review mechanisms.

    “The most powerful HR teams of tomorrow won’t be the biggest — they’ll be the most AI-enabled. At HROne, we are making sure that every business, regardless of size, walks into that future fully equipped. AI is our biggest investment, our boldest commitment, and our clearest direction,” says Karan Jain, Founder, HROne.

    The study concludes that HR’s strategic relevance in the AI era will depend on its ability to combine speed with accountability — enabling AI to accelerate decisions without eroding trust. Organizations that institutionalize governance alongside AI will build durable credibility. Those that pursue automation without structural oversight risk operational velocity without sustainable trust. In the AI era, HR will not be judged by how much it automates. It will be judged by how well it defends the decisions AI helps make.

    P.S. The report is available to download on HR Commune (Community of 7000+ HR leaders – powered by HROne) and HROne’s official website.

    About HROne

    HROne is the world’s easiest-to-use, AI-powered HRMS software — built to help HR teams work smarter, faster, and more human.

    From hire to retire, HROne automates work across 10+ powerful modules — from recruitment and onboarding, through attendanceleavepayroll, and expense, to performanceengagement, and beyond. The result: HR teams that spend less time chasing tasks and more time driving real impact.

    At the heart of HROne is the One AI Suite — home to India’s first voice-enabled, execution-first AI agent. Just say the task, and it’s done. For everything else, InboxForHR™ brings all tasks across 10+ modules into one screen, so your team clears daily tasks in under an hour and redirects their energy to work that actually moves the needle. And when the workday moves off the desk, the HROne Mobile App puts 110+ HR actions in your people’s pocket — so nothing waits, no matter where the day takes them.

    Backed by 2,500+ brands, over a million users, and a 4.8/5 rating on both G2 and Gartner Peer Insights — HROne is a G2 Best Software 2026 winner and Gartner Customers’ Choice 2025 — validation from the industry’s most trusted voices, powered by the people who use it.

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  • Praveg Limited Receives Letter of Award for Luxury Tourism Project in Meghalaya

    Praveg Limited Receives Letter of Award for Luxury Tourism Project in Meghalaya

    Ahmedabad (Gujarat) [India], February 27: Praveg Limited, India’s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on February 25, 2026, from the Directorate of Tourism, Government of Meghalaya for the Development, Operation and Maintenance of Luxury Cottages located at Umiam in Meghalaya under Design, Build, Finance, Operate and Transfer (DBFOT) mode on Public-Private Partnership basis.

    The Company was declared the selected bidder for the project, and pursuant to the revised terms approved by the competent authority, the project envisages the development, operation and maintenance of a minimum of 40 (forty) luxury cottages on approximately 10 (ten) acres of land, along with allied amenities and supporting infrastructure. The Company is required to complete development and make the project operational on a year-round basis within 18 (eighteen) months from the Appointed Date.

    The project has been granted a concession period of 30 (thirty) years, commencing from the Appointed Date, providing long-term operational visibility and revenue generation potential. The Company anticipates robust performance from the upcoming resort.

    Commenting on the development, Dr. CA Vishnu Patel, Chairman and Managing Director of Praveg Limited, said, “We are pleased to receive the Letter of Award for this prestigious tourism infrastructure project at Umiam, Meghalaya. The project aligns with our strategy to expand eco-responsible luxury hospitality offerings across emerging and high-potential destinations. We believe this development will deliver a distinctive guest experience while contributing to tourism growth, employment generation, regional economic development, and long-term value creation for all stakeholders.”

    The addition of this resort further strengthens Praveg’s expanding portfolio of sustainable luxury hospitality assets across India. The project is expected to enhance accommodation capacity in Meghalaya, support destination development and reinforce the Company’s asset-light concession-driven growth model.

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  • Former CJI Uday Lalit Praises Suryadatta at 28th Foundation Day

    Former CJI Uday Lalit Praises Suryadatta at 28th Foundation Day

    Former CJI Uday Lalit confers the Suryadatta National Awards

    Pune (Maharashtra) [India], February 27: Honouring individuals from diverse fields on a common platform is an effective way of social enlightenment, former Chief Justice of India Uday U. Lalit said. He noted that the presence of achievers from performing arts, sports, science, economics, accounting, and public administration made the programme multidimensional and deeply inspiring.

    Honble Lalit was speaking at the Suryadatta National Awards Ceremony organised on the occasion of the 28th foundation day of the Suryadatta Group of Institutes, run by the Suryadatta Education Foundation. The event was held at Buntara Bhavan in Baner.

    The ceremony was attended by former Chief Election Commissioner T. S. Krishnamurthy, former BJP national vice-president Shyam Jaju, Air Marshal (retd) Bhushan Gokhale, MIT dean Prof. Dr Sharadchandra Darade, Suryadatta Education Foundation Founder President & Chairman Prof. Dr Sanjay B. Chordiya, Vice- PresidentSushama Chordiya, Associate Vice- President Snehal Navalakha & Kimaya Gandhi, COO Akshit Kushal, and chief development officer Siddhant Chordiya, among others.

    Padma Shri Param Pujya Acharya Dr Chandnaji Maharaj (Tai Maa) was conferred with the ‘Suryadatta Global Peace Gandhian Philosophy Award 2026.’

    Former CJI Uday Lalit

    The Suryadatta National Lifetime Achievement Awards were presented to former CJI Uday Lalit, veteran actor Padma Shri Ashok Saraf, laughter yoga movement pioneer Vitthal Kate, former IAS officer Shekhar Gaikwad, actor Rakesh Bedi, builder VilaskumarPalresha, director Subhash Sehgal, educationist Ashokkumar Thakur, scientist Dr Anand Bhadalkar, legal expert Adv Pramod Adkar, litterateur Prof Surekha Kataria, entrepreneur Prakash Gandhi, and global strategist Sanjay Puri.

    The Suryadatta National Awards were conferred on Mahesh Suryavanshi of Shrimant Dagdusheth Halwai Ganpati Trust, yoga guru Dr Krishnadev Giri, actor and stand-up comedian Upasana Singh, Indian chess Grandmaster Abhijit Kunte, Supreme Court advocate Ashutosh Shrivastava, social activist Dr Surendra Kumari, yoga trainer Rakhi Gugale, space scientist Dr Kanak Saha, flautist Paras Nath, Global Youth Ambassador Darasing Khurana, Dr Pramod Tripathi, and mountaineer Ashish Mane.

    Chartered accountant Mohit Dhand, singers Preeti Dave and Pinky Dave, and swimmer Hatvi Shah received the Suryadatta National Young Achiever Award.

    Master Rishi Shiv Prasanna and Master Raghav Malpani were honoured with the Suryadatta Little Master National Award.

    Addressing the audience, Honble Shri Uday Lalit said every young person questions whether they will succeed, but self-belief, consistent hard work, and excellence lead to achievement. Highlighting India’s demographic dividend, he said that citizens under 35 constitute a significant portion of the population, and nurturing this human resource is a major nation-building task. He lauded the Chordiya couple for effectively promoting quality standards and value-based education through the Suryadatta Foundation.

    Padma Shri Ashok Saraf said recognising achievers from varied fields and presenting them as role models before society was an inspiring initiative. He expressed gratitude to audiences for their continued encouragement, which, he said, fuels creative energy and commitment.

    In his introductory address, Prof. Dr Sanjay B. Chordiya said Suryadatta has emphasised holistic student development and value-based education since its inception. Role models from society are introduced to students to help shape responsible Indian citizens, he said.

    Air Marshal (retd) Bhushan Gokhale stressed the importance of staying connected to one’s roots despite professional success and praised the Suryadatta family for balancing education with social responsibility.

    Prof. Dr Sharadchandra Darade also lauded the institution’s progress. The programme was compered by Shweta Rathod and Sandeep Patil, while Sushama Chordiya delivered the vote of thanks.

    Also, On the occasion of Suryadatta’s 28th Foundation Day, Suryadatta Group of Institutes, Pune, conferred the ‘Suryadatta Global Lifetime Achievement Award and ‘Global Peace Ambassador Award – 2026’ upon Prem AvataarMaitreya Dadashreeji: The Saint of Modern India at Karjat. He was honoured in recognition of being a Global Humanitarian, Transformation Pioneer and Social Reformer, connecting entire humanity as One World One Family.

    Additionally, internationally renowned celebrity chef Vikas Khanna was honoured with the ‘Suryadatta National Award for Excellence in the Field of Global Hospitality Management and Culinary Arts’ at Mumbai.

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  • Dhruv Consultancy Services Secures Multiple Consultancy Contracts Across Maharashtra, Telangana, Uttar Pradesh and West Bengal

    Dhruv Consultancy Services Secures Multiple Consultancy Contracts Across Maharashtra, Telangana, Uttar Pradesh and West Bengal

    Mumbai (Maharashtra) [India], February 27: Dhruv Consultancy Services Limited. (DCSL)(BSE – 541302 | NSE – DHRUV), one of the leading infrastructure consultancy companies in India, has secured significant Letters of Award (LOA) and Letters of Acceptance across highways, bridges, DPR preparation, supervision consultancy and project management assignments from central and state government authorities during January and February 2026.Key Consolidated Financial Highlights

    During the period, the Company received the following mandates:

    Preparation of DPR for 4-laning of Malegaon–Manmad–Kopargaon (Maharashtra) from National Highways Authority of India (NHAI) valued at ₹4.58 Cr (Duration: 9 months).

    Preparation of DPR for 4-lane Southern Bypass of Jalgaon City (Maharashtra) from National Highways Authority of India (NHAI) valued at ₹2.79 Cr (Duration: 7 months).

    Preparation of DPR including design for bridges and grill/drop gates in Malda, Murshidabad and Nadia Districts (West Bengal) along Indo-Bangladesh Border Roads (IBB) from Central Public Works Department (CPWD) valued at ₹1.73 Cr (Duration: 9 months).

    Supervision Consultancy Services for Operation & Maintenance of 2-lane of Hyderabad (Tukkuguda) to Dindi Section of NH-765 (Telangana) from National Highways Authority of India (NHAI), Regional Office Hyderabad, valued at ₹2.88 Cr excluding GST (Duration: 36 months).

    Project Management Consultancy (PMC) for Construction Supervision works in District Kanpur (Uttar Pradesh), including Supervision Construction of Ganga River Bridge and approach road adjoining Kanpur Nagar to Shuklaganj–Unnao from U.P. State Bridge Corporation Ltd. valued at ₹1.68 crore excluding GST (Duration: 24 months).

    Preparation of DPR for Construction of Ring Road to Dhule City Connectivity connecting NH-53 to NH-52 (State of Maharashtra) valued at ₹2.58 Cr (Duration: 7 months).

    These assignments span a diverse range of infrastructure consultancy services including Detailed Project Reports (DPR), bridge design, highway engineering, long-term supervision consultancy and project management consultancy across Maharashtra, Telangana, Uttar Pradesh and West Bengal.

    The expansion highlights the company’s strategy to strengthen its presence across key infrastructure verticals while building a geographically diversified and balanced order book. With an unexecuted order book of approximately 256 crore as on date, the balanced mix of DPR assignments and supervision mandates provides strong revenue visibility and supports stable long-term growth.

    The Company continues to focus on expanding its consultancy footprint across regions, reinforcing its commitment to delivering technically robust, time-bound and quality-driven infrastructure solutions.

    Upon the development, Mrs. Tanvi Dandawate Auti, Managing Director, stated, “We are pleased to secure significant consultancy mandates across multiple states and infrastructure segments. These awards reflect the continued confidence that central and state authorities place in our technical capabilities and execution track record.

    Our diversified portfolio spanning DPR preparation, bridge design, supervision consultancy and PMC services enables us to offer integrated engineering solutions across multiple stages of infrastructure development, thereby strengthening our ability to service clients comprehensively. The addition of these assignments further enhances revenue visibility while expanding our regional footprint.

    We remain committed to delivering high-quality engineering outputs, adhering to strict timelines and maintaining strong technical oversight across all our ongoing projects.”

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