Category: Business

Mumbai (Maharashtra) [India], November 29: Incorporated in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches, along with the distribution of watch service-related tools and equipment in India. The company is an exclusive authorized distributor in India for Luxury Swiss watches brands — TAG Heuer, Zenith, Bomberg and Exaequo and Swiss tool manufacturers Bergeon and Horotec. .

The company is set to debut on Dalal Street with an Initial Public Offering (IPO) to raise ₹18.74 crore, comprising:

• Fresh issue of 18,28,800 equity shares aggregating to ₹15.00 crore, and
• Offer for Sale (OFS) of 4,56,000 equity shares aggregating to ₹3.74 crore.

For its SME IPO, Luxury Time Limited has set a price band of ₹78 to ₹82 per share. The shares will be listed on the BSE SME platform, with a proposed listing date of Thursday, December 11, 2025.

GYR Capital Advisors Pvt. Ltd. is acting as the sole book running lead manager and MAS Services Ltd. is the registrar of the issue.

The issue proceeds will be utilized for Funding capital expenditure towards setting-up of 04 New Retail Stores, working capital requirements and General Corporate Purpose.

The shares for Luxury Time are anticipated to be allotted on Tuesday, December 09, 2025 and on Wednesday, December 10, 2025, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

Retail investors need to contribute a minimum of Rs 2,62,400 considering the minimum lot size of 2 lot for an application is 3200 shares. For HNIs, the minimum bidding size is 3 lots, or 4800 shares, for a total investment of Rs 3,93,600 lakh at upper price band.

Luxury Time Limited maintains a retail footprint of over 70 points of sale (POS) across India, including mono-brand boutiques, multi-brand outlets (MBOs), and digital platforms. Its presence covers major metropolitan cities such as Delhi, Mumbai, and Bengaluru, and extends to key Tier I and Tier II locations including Hyderabad, Ahmedabad, Pune, Surat, Kolkata, Chennai, Coimbatore, Chandigarh, Ludhiana, Cochin, and Lucknow. The company operates two mono-brand boutiques in Mumbai and Bengaluru through a joint venture with a listed Indian luxury watch retailer. In after-sales servicing, Luxury Time runs two company-managed service centres located in Mumbai and Delhi.

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Mumbai (Maharashtra) [India], November 27: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has announced the appointment of Mr. Rajendra Singh Shekhawat as the new Chief Executive Officer. He brings over 24 years of leadership experience across India’s leading cement conglomerates and logistics-driven enterprises, along with a strong track record of operational excellence and strategic transformation.

Mr. Shekhawat’s career spans senior positions across top cement manufacturers, including serving as Assistant Vice President – Logistics & Packing at Wonder Cement and Vice President & Head of Logistics at J.K. Cement. Over the years, he has successfully led large-scale logistics operations, supply chain optimisation programmes, distribution frameworks, procurement functions, and cost-efficiency initiatives. His extensive exposure across multiple markets and industrial corridors has equipped him with deep insights into logistics behaviour, customer ecosystems, and on-ground operational challenges. He has also driven the establishment of logistics start-ups, built high-performance teams, and implemented robust organisational systems that deliver consistent value creation.

As Chief Executive Officer, Mr. Shekhawat will lead Kaushalya Logistics’ strategic and operational agenda as the company expands its CFA network and deepens partnerships with major cement brands. His leadership is expected to strengthen distribution efficiency, enhance process transparency, elevate customer experience, and build a future-ready supply chain supported by scalable systems and technology-driven improvements.

Commenting on this Mr. Uddhav Poddar, Managing Director, Kaushalya Logistics Limited said,“Welcoming Mr. Shekhawat into the organisation is a timely and important step for us. As our cement supply chain operations continue to expand in both scale and responsibility, his deep understanding of the cement supply chain ecosystem and his ability to translate that experience into practical, on-ground improvements will add meaningful strength to our operations. His experience across India’s most respected cement companies gives him a strong command over ground realities, customer expectations, and the operational rhythm of this industry. I believe this will bring sharper direction and stronger execution to our cement supply chain solutions.

I look forward to the clarity and momentum he will bring to our organisation. His way of aligning teams, simplifying complex workflows, and driving accountability will play an important role as we prepare for the next stage of our expansion. I am confident that his presence will add stability, sharper focus, and a stronger sense of direction to our journey ahead.”

Mr. Rajendra Singh Shekhawat shared his thoughts on the new role, stating: “I am truly honoured to take on this responsibility at Kaushalya Logistics. Over the last two decades, I have had the opportunity to work across different parts of the cement supply chain, and stepping into this role allows me to apply that experience with a wider purpose. What excites me most is the organisation’s clear focus on strengthening its systems, expanding its network, and building dependable solutions for partner brands. I see a strong foundation here, backed by a committed team, and I look forward to contributing to the company’s next phase of growth. I look forward to working closely with our teams to streamline processes, sharpen on-ground execution, and develop systems that support our growth ambitions. My goal is to ensure that our partners experience consistency, transparency, and dependable service at every stage. Together, I believe we can strengthen Kaushalya’s capabilities and create meaningful impact across the ecosystem.”

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New Delhi [India], November 28: Anupam Retail Limited, long regarded as one of the most dependable names in India’s home-solutions space, has taken a rather audacious step—not just another product launch, but a small revolution tucked neatly into the most underrated corner of the home: the kitchen sink. Under its premium brand Morzze, the company has unveiled India’s first Kitchen Air Tap, a device that feels like it has arrived to solve a problem we’ve all quietly lived with for years.

For all the glamorous upgrades Indian kitchens have seen—modular cabinets, sleek chimneys, motion-sensor faucets—one mundane gap has remained embarrassingly unchanged: How exactly do you dry vegetables, fruits, and freshly washed hands without resorting to soggy cloths, wasteful paper towels, or the infamous “shake it three times and hope for the best” method?
Morzze clearly decided this indignity had gone on long enough.

A Breakthrough Rooted in Hygiene, Not Hype

The Kitchen Air Tap has been designed with a very simple, very human idea at its core: keep moisture where it belongs—away. Traditional drying methods rely on cloth wipes (bacteria’s favourite holiday home) or paper towels (costly, inconsistent, and very unfriendly to the planet). Morzze’s engineers have tackled this with controlled airflow that pulls moisture off produce and hands quickly, evenly, and safely.

For families that prioritise hygiene—and let’s be honest, who doesn’t these days—this hands-free drying system offers a welcome sigh of relief. No more damp towels hanging sadly by the sink, collecting more life forms than a science experiment.

Cost-Efficient, Earth-Friendly, and Surprisingly Practical

One can almost hear modern homeowners whispering, “Fine, it’s hygienic… but will it save me money?”
The answer, delightfully, is yes.

By dramatically reducing dependence on paper towels, the Kitchen Air Tap helps households cut recurring costs over time—not to mention shrink their environmental footprint. It’s the rare appliance that pleases both the accountant in you and the environmentalist you aspire to be.

Customisable Drying That Actually Understands Your Food

Not every ingredient behaves the same way. Leafy greens wilt at the slightest provocation while root vegetables might as well be wearing raincoats. The Air Tap acknowledges this with adjustable airflow and temperature modes, allowing users to tailor drying to the produce at hand. The result? Perfectly dried ingredients that stay crisp, fresh, and ready for seasoning.

This isn’t just convenience—it’s culinary enhancement. Dry vegetables absorb flavours more generously, making meals taste sharper, fuller, and somehow… more intentional.

A Design for Modern Kitchens, Not Museum Showrooms

The Air Tap’s biggest charm lies in its elegant built-in design. Seamlessly integrated above the sink, it does not demand counter space, additional wiring nightmares, or awkward rearrangements. It simply fits—quietly elevating the kitchen layout and giving homeowners the kind of uncluttered workspace interior designers love to brag about.

Its placement above the sink feels almost poetic: the washing, the drying, the prepping—all happening in one graceful, efficient flow.

Engineered for the Chaos of Real Life

Whether it’s a family of five, a Sunday batch-cooking ritual, or a festival feast waiting to be prepped, kitchen life rarely moves in small quantities. The Air Tap is built to handle volumes. Its system can dry multiple vegetables quickly without losing accuracy or consistency—saving precious minutes during frantic cooking hours when every second feels like an investment.

As an added bonus, the device improves the kitchen’s air quality by reducing pollen and dust in its immediate surroundings—a godsend for individuals sensitive to allergens, and frankly a pleasant upgrade for everyone else.

India’s First Dual-Function Kitchen Dryer

Morzze’s Kitchen Air Tap does something no device in the Indian market has done before: it dries both hands and vegetables in a single integrated unit. One tap, two essential functions, zero clutter. It transforms a small everyday task into a smoother, cleaner, faster experience—exactly what innovation should feel like.

With this launch, Morzze reinforces its standing as an industry leader—one that understands how Indian homes actually function and what today’s consumers quietly expect from modern living. The Kitchen Air Tap isn’t just a gadget; it’s a smart, thoughtful response to a gap we’ve all noticed but never articulated out loud.

A touch of innovation, a dose of practicality, and a whole lot of intent—this is the kind of upgrade that genuinely reshapes kitchens, routines, and perhaps even a little bit of daily life.

Reach us at:

Website: https://www.morzze.com/
Instagram: https://www.instagram.com/Morzzeindia
Facebook: https://www.facebook.com/Morzzeindia/

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Bengaluru (Karnataka) [India], November 28: A bold step toward India’s most powerful accounting-tech ecosystem — Vyapar, one of the country’s leading business management platforms, has fully acquired Suvit, an AI-powered automation accounting software recognised by the Institute of Chartered Accountants of India (ICAI). The acquisition marks a significant step toward creating a connected digital ecosystem for MSMEs, CA and Tax Professionals, offering them a unified platform for business management, automation, and compliance.

Empowering MSMEs through a Unified Digital Future

India’s MSMEs form the backbone of the economy, yet they continue to face hurdles in achieving a digital future, helping them manage their financial and business operations, file taxes, and maintain compliance. With this acquisition, Vyapar and Suvit will come together to offer an integrated solution that combines Vyapar’s robust business management capabilities with Suvit’s AI-driven automation to improve efficiency.

“This acquisition brings us closer to Vyapar’s long-standing vision — to empower every Indian business with simple, intelligent, and accessible technology. Together with Suvit, we are building a connected financial future for MSMEs and tax professionals alike,” said Sumit Agarwal, Founder and CEO of Vyapar. “By joining forces with Suvit, we want to equip tax professionals to handle more clients and manage their compliance efficiently. Ensuring to reduce their time and effort significantly. ”

Suvit’s Role in the Next Phase of Growth

Founded by Ankit Virani, Suvit has become a trusted automation platform that helps tax professionals and businesses save as much time as possible on manual data entry and GST reconciliation. Its AI-led platform automates pre-accounting processes, enhances accuracy, and improves decision-making with advanced analytics.

“Suvit was built to simplify compliance for tax professionals,” said Ankit Virani, Founder and CEO of Suvit. “Joining Vyapar allows us to extend this vision to millions of MSMEs, combining automation and accessibility to deliver an integrated digital experience.”

Following the acquisition, Ankit Virani will join Vyapar as the Business Head. He will focus on growing Suvit adoption among In-Tax professionals and on driving the product journey to make Tax professionals’ lives 10x better. Also, in the near future, Suvit will be renamed to whatever resonates best with the brand’s identity.

The Road Ahead

The combined platform will aim to offer end-to-end workflows — from invoicing to reconciliation to tax filing — through a single intelligent suite. The collaboration will focus on enhancing GST automation for real-time error detection and seamless filing, and on strengthening tax professionals with actionable financial insights and advanced practice management features, enabling them to handle multiple clients with greater ease.

Together, Vyapar and Suvit are redefining how India’s small businesses manage their financial operations, reducing complexity and improving compliance accuracy by driving the overall operational efficiency across the MSME landscape.

About Vyapar

Vyapar GST Billing and Accounting Software company is a Bengaluru-based business management solutions provider dedicated to simplifying financial operations for India’s SMEs.

With a mission to make business management effortless and affordable for MSMEs, Vyapar provides a comprehensive suite of tools that integrate billing, accounting, inventory management, GST filing, and cash flow management into a single, seamless platform.  Trusted by over 1 Crore+ businesses across India, Vyapar empowers business owners to digitise their operations without technical expertise or costly infrastructure. The platform offers both mobile and desktop paid versions, ensuring accessibility for small and local businesses of all scales and types.

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