Category: Business

  • Atharv Aaradhyam Construction Update – Progress on Track for Timely Completion

    Atharv Aaradhyam Construction Update – Progress on Track for Timely Completion

    New Delhi [India], October 18: Atharv Aaradhyam by Atharv Lifestyle, located in Vijay Nagar, Andheri East, offers a premium residential experience. This exclusive project consists of five architecturally stunning towers in Andheri East, blending a contemporary lifestyle with a tranquil, serene setting. Spanning 1.5 acres, Atharv Aaradhyam boasts 230 thoughtfully designed units, offering a range of 2, 2.5, 3 BHK, and Jodi configurations, catering to the varied preferences of homebuyers. The spacious layouts allow abundant natural light and create a comfortable living environment.

    A key highlight of the project is its lush 1.5-acre landscaped area, paired with over 50 amenities designed to meet the needs of all age groups and lifestyles. Atharv Aaradhyam is also IGBC Pre-certified Gold, showcasing its commitment to sustainability and eco-friendly living. This certification brings added benefits like energy efficiency, helping reduce long-term costs and environmental impact.

    Construction is advancing swiftly, with notable progress across all five towers. Tower 1 and Tower 3 have completed their 4th slabs, Tower 2 has finished its 1st slab, Tower 4 has progressed to its 6th slab, and Tower 5 leads the way, having completed its 7th slab. The rapid pace underscores the project’s dedication to delivering quality homes on schedule.

    Additionally, Atharv Aaradhyam utilizes advanced Mivan aluminum shuttering technology, which enables each slab to be constructed in just 10 to 12 days. This innovative approach ensures faster construction while maintaining structural integrity and durability. At any given time, a team of 200 workers is actively contributing to the project’s steady momentum.

    Shril Shah, Project Head of Atharv Lifestyle, commented on the progress, stating, “Andheri offers limited options for luxury homes, and Atharv Aaradhyam is set to address this demand. Atharv Aaradhyam design emphasizes a harmonious balance between elegance and practicality, offering smart layouts that meet the expectations of modern urban living.

    With strong demand from both homebuyers and investors, Atharv Aaradhyam continues to attract interest, bolstered by its ongoing construction milestones and attractive early-bird offers. As an IGBC-certified project, it provides not only luxurious living but also sustainable, eco-friendly advantages, making it an ideal investment for those seeking a future-proof, green home.

    Atharv Aaradhyam stands out as a benchmark in quality, sustainability, and timely delivery. With its impressive amenities, spacious designs, and green initiatives, it promises an exceptional living experience in the heart of Andheri East. Interested buyers and investors are encouraged to visit the site or get in touch for further details as the project moves closer to completion.

    For more information about Atharv Aaradhyam, visit our website or schedule a site visit to experience the luxury and comfort firsthand.

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  • PS Gahlaut: Reducing India’s Fertilizer Imports by Boosting Indigenous Production

    PS Gahlaut: Reducing India’s Fertilizer Imports by Boosting Indigenous Production

    New Delhi [India], October 17: The agriculture sector in India provides livelihood support to about 42.3% of the population. However, one of the challenges plaguing Indian agriculture is its heavy dependence on the import of fertilizers. To address this, PS Gahlaut, Managing Director of Indian Potash Limited (IPL), advocates for a strategic shift toward indigenous fertiliser production. His insights provide a roadmap for how India can build self-reliance in this sector and reduce its dependency on imports.

    Understanding India’s Current Fertilizer Dependency

    Indian agricultural system is critically dependent on chemical fertilizers, particularly urea, phosphate and potash. While India has made strides in urea production, a large portion of its potash and phosphate needs are met through imports. According to government data, India imports more than 50% of its fertilizer requirements, including almost 90% of its potash. This reliance on global markets creates vulnerabilities as fluctuations in international prices and supply chain disruptions can heavily impact Indian farmers.

    PS Gahlaut has highlighted the adverse effects of this dependency. He says, “Dependence on imported fertilizers leads to price volatility, which affects farmer’s incomes. The Indigenous production is not only a step toward self-sufficiency but also crucial for agricultural sustainability.” 


    Indigenous Production: A Path to Self-Reliance

    PS Gahlaut advocates for a multi-faceted approach to boosting indigenous fertilizer production, which includes optimizing domestic resources, enhancing research & development and fostering public-private partnerships. He stresses that the country has untapped potential that could drastically reduce the need for imports:

    1. Optimizing Domestic Resources

    India possesses vast natural resources that could support the production of key fertilizers. For example, phosphate rock is abundant in Rajasthan and can be used in the production of phosphatic fertilizers. “India has a rich reserve of natural minerals that are not fully utilized for fertilizer production. We need to improve our mining practices and encourage local industries to invest in fertilizer manufacturing,” states PS Gahlaut.

    2. Improved Research and Development (R&D)

    Innovation is one of the keys to achieving self-reliance. Gahlaut points out that investment in R&D can lead to the development of advanced fertilizers that are tailored to Indian soil conditions. These fertilisers are more efficient in nutrient delivery, can reduce the overall consumption of chemical inputs and improve crop yields. “Innovation in fertilizer formulation is essential for both increasing production and enhancing the efficiency of fertilizer use. This can significantly lower our import requirements while improving agricultural productivity,” says PS Gahlaut.

    3. Public-Private Partnerships

    Gahlaut also calls for stronger collaboration between the government and private enterprises. Fertilizer production requires massive capital investments, which cannot be achieved solely through public sector funding. By encouraging public-private partnerships, India can build the necessary infrastructure for indigenous fertilizer production.

    “A collective effort between the government and private sector is essential to build a robust fertilizer industry in India. Public-private partnerships can catalyse both innovation and investment, leading to a more sustainable agricultural ecosystem,” Gahlaut explains.


    Policy Interventions and Incentives

    PS Gahlaut believes that the government can play a pivotal role by providing incentives for local production. This includes reducing the cost of inputs like natural gas (a critical component for urea production), offering tax rebates and providing subsidies for R&D initiatives. He also advocates for streamlining regulatory frameworks to make it easier for private players to enter the fertilizer market.

    “Policy support is crucial. The government can stimulate domestic production by offering incentives that make it economically viable for companies to manufacture fertilizers locally,” notes PS Gahlaut.


    Reducing Environmental Impact with Indigenous Fertilizers

    Indigenous production of fertilisers not only reduces import dependence but also provides environmental benefits. Imported chemical fertilizers often have a higher carbon footprint due to the transportation involved. Locally produced fertilizers would reduce this ecological impact while also encouraging the use of organic and bio-fertilizers.

    “As we reduce our dependency on imported chemical fertilizers, we must also promote organic alternatives. This will help sustain soil health in the long term and reduce the environmental footprints,” Gahlaut argues. A Future Built on Self-Reliance

    The dependence on fertilizer imports presents economic, environmental and strategic challenges. However, with a well-planned shift towards indigenous fertilizer production, as envisioned by PS Gahlaut, the country can reduce this reliance and strengthen its agricultural sector. By optimising domestic resources, fostering innovation and encouraging public-private collaborations, India can build a more self-sufficient and sustainable agricultural system.

    “The future of Indian agriculture lies in our ability to produce what we need domestically. Fertiliser is a critical input, and building local capacities will not only help farmers but also ensure national food security,” concludes Gahlaut.

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  • Something’s Brewing Unveils Bold Expansion Plans: 100 retail footprints by 2025

    Something’s Brewing Unveils Bold Expansion Plans: 100 retail footprints by 2025

    Surat (Gujarat) [India], October 17: Something’s Brewing, India’s premier destination for coffee aficionados, has announced plans to significantly expand its mortar & brick presence across the country. This ambitious expansion plan includes the launch of 100 retail points by the end of 2025., encompassing both stores and community centres in metro and intelligent cities nationwide.

    Abhinav Mathur, Founder and MD of Something’s Brewing, emphasised the importance of physical stores, stating, “Our products invoke all senses—smell, taste, sight, and touch. While we maintain a strong online presence, we believe in creating immersive physical spaces where the coffee community can meet, interact, and explore.”

    In line with this expansion strategy, Something’s Brewing recently launched its new Coffee Experience Centre in Surat. The 800 sq ft store, located at G-6 SNS Arista, Udhna Magdalla Road, Vesu, Surat, showcases an impressive lineup of over 50 coffee gear brands. Visitors can explore the widest variety of equipment from renowned brands such as La Marzocco, Rancilio, Budan, Fellow, AeroPress, 1zpresso, Baratza, Chemex Delonghi, Nespresso and a lot more.

    Currently, the brand operates two retail stores in Bangalore and Surat and 10 SIS formats. The Plan is to grow both own stores and SIS to reach a retail footprint of 100 within 2025.

    The company’s growth has been remarkable. It reported a 75% year-on-year increase, significantly outpacing the industry’s 20% annual growth rate. This performance underscores Something’s Brewing’s strong market position and the growing demand for premium coffee experiences in India.

    The Surat store offers visitors immersive brewing demonstrations, expert-led workshops, and a curated range of world-class coffee equipment, embodying the brand’s commitment to coffee education and community building. As Something’s Brewing continues to expand, it aims to redefine India’s coffee culture, one city at a time, playing a pivotal role in nurturing the country’s rapidly growing coffee community.

    About Something’s Brewing:

    Something’s Brewing is a pioneer in providing coffee equipment for home brewers, offices, cafes, and coffee connoisseurs. With an emphasis on quality, variety, and expertise, the brand offers everything from espresso machines to pour-over kits, grinders, and accessories. More than just a retail space, Something’s Brewing has quickly established itself as a hub for coffee education and community building, reflecting India’s rapidly growing coffee culture.

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  • KISNA Diamond and Gold Jewellery Launches its 2nd Exclusive Showroom in Gwalior

    KISNA Diamond and Gold Jewellery Launches its 2nd Exclusive Showroom in Gwalior

    Gwalior (Madhya Pradesh) [India] October 17: KISNA Diamond and Gold Jewellery, is pleased to announce the grand opening of its 2nd exclusive showroom in Gwalior located at Daulat Ganj. This marks KISNA’s 6th exclusive showroom in the state and 47th nationwide. The inauguration was graced by Mr. Ghanshyam Dholakia, Founder & M.D, Hari Krishna Group, and Mr. Parag Shah, Director, KISNA Diamond & Gold Jewellery.

    To celebrate the grand opening, KISNA is offering up to 100% off on diamond jewellery making charges. Building the excitement, KISNA’s #Abki_Baar_Aapke_Liye_Shop & Win a Car campaign offers consumers a chance to win from over 100 cars. Participate by purchasing diamond, platinum, or solitaire jewellery worth ₹20,000 or more, or gold jewellery worth ₹50,000.

    Commenting on the launch, Mr. Ghanshyam Dholakia, Founder & M.D, Hari Krishna Group, stated “Our exclusive showroom in Gwalior opens just in time for Diwali, offering an exciting range of festive collections and exclusive offers for the season. This expansion aligns with our vision of ‘Har Ghar KISNA,’ where we aim to be India’s fastest-growing jewellery brand, making every woman’s dream of owning diamond jewellery come true.’’

    Mr. Parag Shah, Director, KISNA Diamond & Gold Jewellery, said, ‘‘As we open our 47th exclusive showroom in India and 2nd in Gwalior, we are excited to offer the city an unparalleled shopping experience. Our new festive collection captures the essence of celebration and tradition, and we look forward to being a part of our consumers’ special moments during this Diwali season.”

    Mr. Sanchit Agrawal, Franchise Partner, KISNA, said,  ‘’We are delighted to partner with KISNA and introduce the city to KISNA’s exquisite diamond and gold jewellery collections, just in time for Diwali. With a variety of stunning designs and special festive offers, we aim to make this season even more memorable for our consumers”

    In line with KISNA’s commitment to giving back to the community, KISNA organized a tree plantation drive as part of the launch event. Additionally, KISNA also hosted a food distribution drive for the underprivileged.

    About KISNA Diamond & Gold Jewellery

    Launched in 2005, KISNA is the flagship diamond jewellery brand from the Hari Krishna Group. KISNA has established an extensive distribution network, reaching over 3,000+ shop-in-shop outlets across 28 states in India. The brand has over 47 exclusive showrooms across India. With an ethical sourcing of diamonds from mines to market, KISNA has an unmatched portfolio of 10,000+ unique designs.  KISNA offers a wide range of Rings, Earrings, Pendants, Mangalsutra, Necklaces, Bangles, Bracelets, and Nose Pins in 14KT & 18KT gold which are 100% IGI Certified and BIS Hallmarked. The company also provides 90% Buyback & 95% Exchange on diamond jewellery including making charge.

    KISNA Diamond & Gold Jewellery’s online platform is a curated space where elegance meets convenience. As your trusted online brand, we offer a seamless shopping experience, featuring latest diamond and gold jewellery designs. Explore timeless sophistication with KISNA, your ultimate destination for authentic and stylish pieces on www.kisna.com

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  • Danish Power Limited IPO to Open on 22nd October, Sets Price Band at Rs.360 to Rs.380 per Share

    Danish Power Limited IPO to Open on 22nd October, Sets Price Band at Rs.360 to Rs.380 per Share

    Jaipur (Rajasthan) [India] October 17: Founded in July 1985, Danish Power Limited manufactures and supplies various types of transformers, including inverter duty transformers for use in renewable power projects such as solar power plants or wind farms and dry type power and distribution transformers, control relay panel along with substation automation services.

    The company is poised for its initial public offering (IPO), with plans to raise INR 197.90 crores through the issuance of 52.08 lakh new shares.

    For its SME Initial Public Offering (IPO), Danish Power Limited has established a price band of Rs. 360 to Rs. 380 per share. The company’s shares will open for subscription on Tuesday, October 22, 2024 and closes on Thursday, October 24, 2024. These will be listed on the NSE SME, with a projected listing date of Tuesday, October 29, 2024.

    Hem Securities Limited is the book running lead manager of the Danish Power Limited IPO, while Link Intime India Private Ltd is the registrar for the issue.

    The issue proceeds will be utilized for funding capital expenditure towards the expansion of the manufacturing facility of the Company by the building of factory shed and installation of additional plant and machinery, repayment in full or in part, of certain of the outstanding borrowings, to meet working capital requirements and general corporate purposes.

    The shares for the Danish Power IPO are anticipated to be allotted on Friday, October 25, 2024, and credited to the demat accounts of the allottees on Monday, October 28, 2024. 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. 1.14 lakh considering the minimum lot size for an application is 300 shares. For HNIs, the minimum bidding size is two lots, or 600 shares, for a total investment of Rs 2.28 lakh at the upper price band.

    The product portfolio of the company can be categorized such as Inverter Duty Transformers (multi-winding) upto 20 MVA 33 kV Class for Solar Plants, Transformers for Wind Turbine Generator, Distribution Transformers upto 5 MVA 33 kV Class, Power Transformers upto 63 MVA 132 kV Class, The Panel range includes Control Relay Panels up to 400 kV Class, Substation Automation (SCADA), Bus Bar Protection Panels, LT Panels, and APFC Panels.

    The company operates two manufacturing plants in Jaipur, one located in the Sitapura Industrial Area and the other in Mahindra World City with installed capacity of 4681 MVA for transformers and 576 units of control relay panel.

    At the Mahindra World City facility, the company designs and manufactures power transformers up to 50MVA – 66KV class, while the Sitapura facility handles power and distribution transformers up to 30MVA – 33KV class, among other products.

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  • AAIJI Group Acquires 50 Acres Land In Dholera To Develop High-end Residential Villas

    AAIJI Group Acquires 50 Acres Land In Dholera To Develop High-end Residential Villas

    Highlights:
    ● Aaiji Group launches 2nd phase of Project – Lotus 1145, to take the size to 1 lakh sq yard
    ● Company to Develop 3 BHK Villa and Plots
    ● Aaiji Group has invested over Rs. 100 crore in 5 projects in Dholera
    ● Investment from Northern state to the tune of 2000-3000 crore annually mostly in the plots and lands in Dholera

    Ahmedabad (Gujarat) [India] October 17: AAIJI Group, one of Gujarat’s leading and most prominent real estate developers in Dholera, has acquired 50 acres of prime land in Dholera Region, Gujarat. This strategic investment, with an estimated project cost of over 150 crores including land acquisition, marks a significant milestone in the group’s commitment to sustainable living and innovative retail spaces. This acquisition complements AAIJI Group’s ongoing projects in Dholera, such as AAIJI Airport Villa, Lotus 1145 Phase-I, Lotus Phase II, Money Plant etc.

    AAIJI Group’s new venture will encompass comprehensive land plotting, state-of-the-art residential developments, and modern retail spaces, enhancing the region’s real estate landscape.

    Mr. Lalit Parihar, the Founder and Managing Director of Aaiji Group, believes that the development of Ahmedabad, GIFT City, and Dholera in Gujarat mirrors the Tri-city model of Abu Dhabi, Dubai, and Sharjah. Hence, there is immense potential for growth in this region, similar to the success of the Tri-city in the United Arab Emirates. “Dholera is not just a project; it’s a vision of the future. Annually, we are seeing fresh investments to the tune of Rs. 2,000 – 3,000 crore in land and plots mostly from – Punjab, Haryana, Delhi, Gurgaon and Noida as they have witnessed the growth of realty market in Guargaon, Noida and Chandigarh. At AAIJI Group, we are dedicated to transforming this vision into reality by developing sustainable projects for living and trade that are technologically advanced, environmentally sustainable, and socially inclusive” added Mr Parihar.

    The project aligns with Dholera SIR’s vision under the Delhi-Mumbai Industrial Corridor (DMIC), emphasizing robust infrastructure development, including smart city features, a greenfield cargo and passenger airport, the Ahmedabad-Dholera express highway, a dedicated freight corridor, the Bhimnath-Dholera broadgauge rail line, the Vande Metro between Ahmedabad and Dholera, and access to ports.

    The government is dedicated to make Dholera a world-class city with smart city features. Dholera is rapidly developing into a major industrial hub, with over 100 small and large companies establishing their plants. The region’s appeal is highlighted by significant investments, such as Tata Electronics’ collaboration with Synopsyschip to establish a $10.9 billion semiconductor plant. With many such developments in pipeline, Dholera has emerged as blue-print for Smart City and planned manufacturing hub.

    About Aaiji Group

    Established in 2015, Aaiji Group has built a formidable reputation for developing real estate projects that set new benchmarks in quality and value. Under the leadership of Lalit Parihar, Aaiji Group has completed two remarkable projects in Dholera SIR: Aaiji Airport Villa and Aaiji Residency. The group is currently shaping dreams with ongoing projects like Lotus 1145 and Dholera Money Plant, designed to meet modern homebuyer needs and enhance the living experience in Gujarat’s thriving smart city.

    As the most reliable and trusted brand in Dholera, Aaiji Group stands at the forefront of real estate development, committed to providing unparalleled investment solutions in land and plots. Our steadfast commitment to excellence has earned us the trust and loyalty of our valued customers, making us one of the fastest-growing real estate developers in Dholera. At Aaiji Group, we offer comprehensive investment solutions that cater to all your needs, ensuring a seamless and rewarding experience.

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  • Raveum Has Officially Paved the Way for Indian Investors to Enter the U.S. Property Market

    Raveum Has Officially Paved the Way for Indian Investors to Enter the U.S. Property Market

    Mumbai (Maharastra) [India],October 17: For the first time ever, Indian investors can now own a share of premium U.S. real estate through Raveum. This innovative platform is breaking down the barriers that once kept global real estate out of reach for all but the wealthiest individuals. With fractional ownership starting at ₹10,000, Raveum is offering everyday investors access to properties in New York, Miami, and Boston.

    Through Raveum, Indian investors can now benefit from multiple income streams including property appreciation, rental income, and dollar appreciation, while also protecting their wealth from domestic inflation and currency devaluation. The platform provides a unique opportunity to leverage the stability of the U.S. economy and secure long-term wealth growth, bringing the benefits of international diversification directly to Indian investors.

    Raveum has simplified U.S. real estate investing by eliminating the long wait times and bureaucratic hurdles. Investors can now access opportunities through a seamless, three-step online process. After creating an account, they can browse available investments, such as commercial properties, and complete their purchase by funding and signing documents digitally. Investors then receive monthly dividends from rental income and can benefit from potential appreciation when properties are sold. Raveum handles all logistics, including tenant management, maintenance, accounting, and tax reporting, offering a fully hands-off investment experience – Something we have never seen in the market before.

    Typically, entering the U.S. market would require navigating foreign regulations and high upfront costs—barriers that have kept this lucrative market out of reach for many. With Raveum, investors can own a share of premium U.S. properties at a fraction of the cost and without the hassle of navigating complex legalities. Compared to domestic real estate opportunities, U.S. properties also offer much stronger returns. Rental rates in the U.S. are nearly three times higher than in India, and when combined with property appreciation and the rising U.S. dollar, Raveum’s investors are positioned to benefit from significantly higher yields than they would see from traditional domestic investments.

    Raveum’s platform is built on the latest advancements in technology and modern research, ensuring that every share and transaction is secure, transparent, and unchangeable. In other words, once an investor purchases a share, it is impossible to alter or tamper with. As a result, they have been able to adhere to the strict regulations set by the U.S. Securities and Exchange Commission and the Indian government. This solid foundation enables the platform to remain fully compliant and provides Indian investors with the long-term security and reliability they can trust when investing in U.S. real estate.

    Indian investors can explore investments on Raveum’s platform, but demand has been high.

    This is a unique chance to diversify into the U.S. market, benefit from rental income and property appreciation, and take advantage of the strength of the U.S. dollar.

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