Category: Business

Kochi (Kerala) [India], December 12: Fumme, began in Calicut, not in a Parisian lab or a luxury boardroom, but in the everyday work of people who have spent years around scent. For co-founders Sufiyan Vayoli and Fasal Rahman, attars, oils, and blends have always been part of life, shaped by Middle Eastern fragrance culture and the quieter sensibilities of coastal Kerala.

Over the years, as they explored perfumes across India, one pattern kept repeating itself: most fragrances simply did not hold their character in Indian weather. Heat and humidity swallowed the scent. French compositions faded too quickly. Middle Eastern blends felt too heavy for everyday use. Designer perfumes were familiar, sometimes predictable, and often lost their nuance by midday.

The brand’s starting point has always been simple: to create original, modern fragrances engineered specifically for Indian conditions.

Each Fumme perfume is built from scratch using high-quality European oils and then balanced in India, on Indian skin, in real Indian climate, where temperature, humidity, and daily routines genuinely matter. The focus isn’t only on strength or projection, but on a fragrance maintaining its character from morning until night without becoming sharp, flat, or faint.

“We didn’t start Fumme to copy Paris or Dubai,” says co-founder Sufiyan Vayoli. “We started it because most perfumes don’t survive a full Indian day, and we knew India deserved scents that are refined yet truly high-performing.”

“Performance is not about loudness,” adds co-founder Fasal Rahman. “It’s about how a fragrance behaves on your skin in our weather, it should feel like you, through the whole day.”

Fumme’s newest space in Forum South Bengaluru is the brand’s first outside Kerala. It is designed less like a conventional store and more like a place to slow down with scent: to test perfumes on skin, wait, and see how they evolve over time, rather than making a quick decision on a paper strip.

The brand’s identity remains deliberately quiet and unhurried, minimal packaging, honest language, original compositions, and no exaggerated claims. Fumme is built for people who don’t need their perfume to shout, but still want it to stay with them confidently, even in Indian weather.

It is still early days for Fumme in new cities, but its direction is clear: to grow carefully into places where people value craft over hype, subtlety over noise, and where the scent itself remains the center of attention.

No noise. Just good perfume, that holds its character, especially in India’s weather.

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Mumbai (Maharashtra) [India], December 12: Ekta World has successfully repaid Rs 170 crore to ICICI Bank through phased repayments, backed entirely by the strong sales and collections from its marquee development, Ekta Tripolis. The repayment, done recently, was completed without any external financing, marking a significant milestone for the company, demonstrating strong financial resilience, backed by operational discipline and continued buyer confidence.

The repayment follows a period of exceptional performance at Ekta Tripolis, where the project’s financial health has strengthened considerably since the receipt of occupancy certificates. The occupancy certificates for two towers were received in 2023, while the same was issued for the third tower in 2025, post which the development witnessed improved demand and accelerated collections.

Ekta Tripolis, consisting of three towers and over 600 units, is now complete, with possession handed over to 503 families. The extensive infrastructure including the clubhouse, swimming pool, retail high street, landscaped areas and sports zones has created a vibrant community, drawing strong resident satisfaction and referrals.

The project’s success has significantly contributed to the company’s balance sheet, with the repayment representing a reduction in the group’s total debt. The repayment has been achieved purely from the cash flows of Ekta Tripolis, underscoring the development’s robust sales performance and reinforcing the market’s appetite for ready possession homes with comprehensive amenities.

Commenting on the development, Mr. Vivek Mohanani CEO and Managing Director of Ekta World said, “Our journey with Ekta Tripolis has been driven by conviction in the product, backed by the trust of our customers. This loan repayment is not just a financial milestone for us, but a strong validation of our approach, prioritising quality and creating communities that people genuinely want to live in. For is this reflects our strength and the confidence homebuyers continue to place in Ekta World.”

Over the last 12–18 months, demand for Ekta Tripolis has remained high owing to its completion status and full infrastructure delivery. Nearly 80 retail units form part of the development, with several top brands already operating within the project strengthening its commercial appeal. The inclusion of a home theatre, along with pickle and padel courts, enhances the lively social environment, fostering an active, thriving community that continues to attract strong footfall.

Ekta World is now concentrating on future opportunities within the micro-markets of Bandra Khar and Santacruz, with a continued focus on high-value luxury redevelopment projects. Over the last twelve months, Ekta World has closed two residential and two commercial redevelopment projects in these locations and will remain focused on premium assets valued above 1 million USD.

The company believes that the momentum generated by Ekta Tripolis and the significant debt reduction strongly positions it for the next phase of growth. Ekta World will continue to pursue luxury redevelopment opportunities, leveraging its track record, strong sales performance and the appeal of ready possession homes supported by amenities matching global benchmarks.

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Mumbai (Maharashtra) [India], December 11: Brakes India Private Limited and TBK Co., Ltd. recently signed a capital and business alliance agreement. With this, Brakes India, a TSF Group Company, acquires a 10% shareholding in TBK through a primary capital infusion. The investment marks an important development for both organisations. This paves the way to leverage the strength of both companies for commercial vehicle braking and create enhanced value for customers and stakeholders.

TBK, a leading global auto component manufacturer in the M&HCV segment, specialises in brakes, pumps, and engine-related components.  This move gives both organisations the scope to draw on each other’s strengths. It provides access to complementary geographies and has the potential to engage new customers and explore new supply chains. This opportunity introduces Brakes India’s existing hydraulic and pneumatic products into new export markets. It also opens avenues to extend the complementary product portfolio of TBK in the Indian domestic market. “Through this partnership, both companies will mutually complement each other’s technological strengths and customer bases to the fullest extent, jointly creating high-value-added products and solutions for respective markets. Together, we aim to unlock new opportunities and contribute to the advancement of next-generation mobility,” said Mr Kaoru Ogata, President & CEO, TBK.

“This milestone is a starting point for a long-term association with TBK. It reinforces our commitment to strategic, long-term growth. With this agreement, Brake India has access to TBK’s line-up of products for the Indian market and will offer Brakes India’s leading pneumatic braking products to new customers outside of India,” said Mr Sriram Viji, Managing Director, Brakes India. This collaboration drives the development of cleaner, safer and more efficient commercial vehicle braking technologies, supporting the industry’s shift towards advanced and sustainable mobility.

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Patna (Bihar) [India], December 11: Asian Granito India Limited (AGL), a leading brand in luxury surface products including Tiles, Marbles, Quartz, and Bathware solutions has inaugurated two new showrooms in Bihar to strengthen its retail footprint in the region. The company launched its ‘AGL Universe’ showroom in Gaya Ji and an ‘AGL Exclusive’ showroom in Vaishali city. This milestone moment brings a world of elegance and sophisticated surface solutions closer to customers.

• New showrooms launched in Gaya Ji (AGL Universe) and Vaishali (AGL Exclusive).
• With these additions, AGL now has 17 exclusive showrooms in Bihar, including 1 Universe, with 4 more under development.
• Explore AGL’s latest range of ceramic wall & floor tiles, glazed & polished vitrified tiles, parking tiles, marble, quartz, bathware and more.

The AGL Universe showroom has been launched in association with Heritage Ceramic in Gaya Ji at Heritage Corporation, Manpur, New Bypass Road, Opp. Sitakund, Gaya Ji, and Bihar 823003. It was inaugurated on 3rd December 2025 by Mr. Bhavesh Patel, Director, Asian Granito India Ltd., in the presence of Mr. Manish Singh, DGM, and senior leaders of the company. 

 The AGL Exclusive showroom launched in Vaishali city in association with Vishal Marble at VISHAL MARBLE, Mahua, Mangru Chowk, Near Maline Yamaha Bike Showroom, Vaishali, Bihar – 844122. It was inaugurated on 6th December 2025 by Mr. Manish Singh, DGM, along with senior leaders of the company. 

These twin launches mark another milestone in AGL’s continued commitment to strengthening its market presence and enhancing customer experience. With these additions, AGL now operates 17 exclusive showrooms in Bihar, including 1 AGL Universe outlet, along with 4 ongoing exclusive showroom projects that will further expand its presence in the state.

Both new showrooms in Gaya Ji and Vaishali have been designed with premium finishes and modern tile and slab trends. They are built to serve architects, homebuilders and designers seeking stylish and elegant solutions for indoor and outdoor spaces. Customers can explore AGL’s latest range, including ceramic wall and floor tiles, glazed and polished vitrified tiles, parking tiles, marble, quartz, bathware and more. The showrooms offer a one-stop destination for anyone planning premium, long-lasting and aesthetically rich spaces in Bihar.

Speaking on the milestone, Mr. Bhavesh Patel, Director, Asian Granito India Ltd., said, “Bihar is emerging as a fast growing market with increasing urban development, rising housing demand, and a strong push towards infrastructure and modern living spaces. With our new showrooms in Gaya Ji and Vaishali, customers in the region can now experience AGL’s latest surfaces in a dedicated and convenient environment. Our aim is to support architects, designers and homeowners by offering premium products and a seamless selection experience. These launches strengthen our presence in the state as we continue expanding and serving customers with quality and trust.”

Company has strategically enhanced its brand presence by signing Bollywood actor Ranbir Kapoor as the face of its “Premium ka Pappa” campaign. Additionally, AGL’s Bonzer7 brand onboarded actress Vaani Kapoor for its “Kya Baat Hain” campaign, aiming to resonate with younger audiences and reinforce its market position. These campaigns underscore AGL’s commitment to innovation and its strategy to connect with a broader consumer base.

In a short span of two & half decade, Asian Granito India Ltd has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand. The Company manufacture and markets a range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. The Company has 277 plus exclusive franchisee showrooms, 13 company owned display centers and an extensive marketing and distribution network pan India with 18,000 plus touchpoints including distributors, dealers and sub-dealers in India. The Company also exports to more than 100 countries.

‘The Exclusive’ Showroom Youtube Link – https://www.youtube.com/shorts/IFvnrC8xHXE 

‘The Universe’ Showroom Youtube Link – https://www.youtube.com/shorts/j8UwgtdMXHo   

About AGL:  https://aglasiangranito.com/  

Established in the year 2000, AGL has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two & Half decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognized globally and loyal customer following across segments. Today it is 4th largest listed ceramic tile company in India with Strength of more than 700 field force.

Ranked amongst the top ceramic tiles companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 Million Sq. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY 2025. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth. 

The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 277 plus exclusive franchisee showrooms, 13 company owned display centres across India. Further, the Company has an extensive marketing and distribution network pan India with 18,000 plus touchpoints including distributors, dealers and sub-dealers in India. The company also exports to more than 100 countries.

The Company looks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative and value-added products in the market to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of INR 1628 crore in FY 2025. (For more information, please visit: www.aglasiangranito.com)

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New Delhi [India], December 11: Ahmedabad-based Stanbik Agro Limited of Gujarat is a company engaged in contract farming, wholesaling and supplying of agricultural commodities. The objects of the issue of the company are related to launching new retail outlets and depositing brokerage fees, depositing security amounts and expanding the retail network, to meet working capital requirements and for general corporate purposes. The IPO opens on 12 December and closes on 16 December 2025, shares will be listed on the BSE SME platform. The company is raising Rs.  12.28 crore by issuing 40,92,000 shares of face value Rs. 10 at a price of Rs. 30 per share. The market lot size of the IPO is 4000 shares, and retail investors will have to apply for 2 lots, i.e. 8000 shares. The IPO is being managed by the lead manager company, Grow House Wealth Management Private Limited.

Company information: 

Incorporated in 2021, Stanbik Agro Limited is engaged in contract farming, wholesaling and supplying of agricultural commodities, and the main objective of the company is to deliver fresh fruits and vegetables directly from the farm to the customer. The company is emphasising sustainable agricultural practices, consistency and quality to ensure customer satisfaction.

Operating in three business areas:

Contract Farming

Retail sales

B2B supply

Financial performance: In the financial year 2024, the company earned revenue from operations of Rs. 26.55 crore and net profit after tax of Rs. 1.85 crore and in the financial year 2025, the company earned revenue from operations of Rs. 52.48 crore and net profit after tax of Rs. 3.73 crore. In the half-year ended 30 September 2025, the company earned revenue from operations of Rs. 35.54 crore and net profit after tax of Rs. 2.22 crore. It is clear from the financial results that the company’s revenue and profit are increasing year after year. In the half-year period ended 30 September 2025, the company earned a net profit after tax margin of 6.24 per cent.

Note: This does not constitute an invitation or offer to acquire, purchase or subscribe to securities.

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New Delhi [India], December 10: Crafted for the Future, an initiative of DC Handicrafts, Ministry of Textiles, Government of India, returns with its third edition under the broader Weave the Future series. The exhibition will be held from 12 to 21 December at the National Crafts Museum, New Delhi, and will be open to all with free entry.

This edition turns its focus to everyday materials and the wisdom embedded in traditional craft practices; inviting visitors to explore how India’s long history of material intelligence can guide more mindful and responsible ways of living today. Through installations, workshops, film screenings, demonstrations, and a craft marketplace, the initiative brings together artisans, designers, and material innovators from across the country.

Event Details

• Event: Crafted for the Future – Weave the Future 3.0 (an initiative of DC Handicrafts, Ministry of Textiles, Government of India
• Dates: 12–21 December 2025
• Timings: 10 AM – 6 PM
• Venue: National Crafts Museum, New Delhi
• Entry: Free and open to all

Speaking about the initiative, Ms. Amrit Raj, DC Handicrafts, Ministry of Textiles, Government of India, said, “At DC Handicrafts, we believe that every piece of craft carries the legacy of its land, the skill of its maker, and the story of its time. ‘Crafted for the Future’ is not just an exhibition—it is a celebration of materials, traditions, and conscious creativity that can guide the way we live tomorrow.”

Visitors to Crafted for the Future can explore a thoughtfully curated craft marketplace, immersive installations, and daily film screenings that open up conversations around materials, craft processes, and sustainability. The event offers a variety of hands-on workshops led by artisans, designers, and practitioners – each designed to introduce participants to traditional techniques and contemporary interpretations of craft (registration required only for workshops).

Across the 10 days, guests can also meet the makers, interact with artisans and collectives from across India, and engage with craft-led knowledge systems rooted in circularity, mindful living, and regional material intelligence, making the experience both participatory and deeply reflective.

About Crafted for the Future

Crafted for the Future is part of the Weave the Futureplatform by DC Handicrafts, Ministry of Textiles, which showcases artisans, designers, and material practitioners working at the intersection of tradition and contemporary living. The initiative seeks to reposition craft as a living, evolving system of knowledge capable of shaping sustainable futures.

A Deeper Look: Craft as a Living Knowledge System

Building on previous editions that explored upcycling and regenerative craft practices, this edition examines the material intelligence that shaped traditional craft – a system where people worked with what was local, seasonal, and ecologically aligned. Craft emerged not as decoration, but as survival technology, responding to landscape, climate, and social needs.

From wool weaving in the Himalayan belt to bamboo and reed work in riverine regions, from mirror embroidery in Kutch to natural dyes from forest regions—craft practices once embodied a circularity and ecological coherence that industrialised living has since disrupted. Crafted for the Future brings this wisdom back into public discourse, reminding visitors that sustainability was once a lived reality, not an aspiration.

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Mumbai (Maharashtra) [India], December 10: Bodhi Tree Multimedia Ltd (NSE: BTML | BSE: 543767 | INEOEEJ01023), one of India’s leading content production houses with a strong portfolio of successful television and digital shows, has announced its latest AI-driven innovation, CastMatch – the flagship agent of Bodhi Tree AI and the first casting platform built entirely around conversation.

BTML officially launched CastMatch, India’s first conversational AI-powered casting platform that eliminates the need for traditional casting software. The platform allows users to chat and describe their casting requirement – no dashboards, no forms, no learning curve.

Casting in 60 seconds powered by AI

In production testing, CastMatch has reduced the time required to generate a casting shortlist from 2-3 hours to under 60 seconds, representing a 98% reduction. It achieves this by searching through over 15,000 actor profiles using AI that understands context, not just keywords.

Hybrid AI for Precision & Speed:

CastMatch operates on a hybrid AI architecture combining local models and OpenAI GPT-4, supported by 1536-dimension semantic embeddings for high-precision matches. The platform delivers fast and reliable performance with:

• Actor search under <500 milliseconds
• AI response under <300 milliseconds time-to-first-token (62% faster than industry standard)
• 99.9% uptime target
• Cost efficiency below $0.50 per user per month.

10 AI Tools & 12-Agent Roadmap Rollout:

CastMatch integrates 10 AI-powered tools, such as script analysis, role extraction, actor recommendations, and budget summaries, and is the first release in Bodhi Tree’s 12-Agent AI roadmap, covering workflows from pre-production to post-production. The product enters closed beta with select studios and casting directors, with a commercial SaaS rollout planned to scale across the industry.

A step toward AI-enabled entertainment

With CastMatch, Bodhi Tree moves closer to its vision of modernising entertainment workflows through AI-driven efficiency, speed and intelligent decision-making.

Commenting on the New Launches, Mr Mautik Tolia, Managing Director, Bodhi Tree Multimedia Limited, said:

“We didn’t set out to build better casting software. We set out to eliminate the need for it. CastMatch is what happens when you stop thinking about features and start thinking about how humans actually work – through conversation.”

Mr Aditya Pratap Singh, Head of AI & Technology, Bodhi Tree Multimedia Limited, added:

“I’ve watched brilliant casting directors spend entire afternoons on decisions that CastMatch now surfaces in under a minute. We’re not replacing their judgment – we’re giving them superpowers. And this is just the first agent.”

About Mr. Aditya Pratap Singh

Aditya Pratap Singh leads BodhiTree AI with 11+ years of experience in data-driven design. As UX Leader at IndiGo Airlines – India’s largest carrier – he has delivered measurable improvements in conversion, satisfaction, and revenue. He holds a Master’s in New Media Design from the National Institute of Design and a B. Tech in Computer Science, enabling him to bridge design vision with technical execution, previously at InterMiles (Etihad Company), Dineout, and Tarantula Labs.

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