Category: Business

Pune (Maharashtra) [India] August 8 :  Global Awards is proud to announce the Maharashtracha Business Tycoon Award 2024, celebrating the achievements and contributions of outstanding business leaders in Maharashtra. The event was held at the prestigious Four Points Sheraton Hotel Pune Viman Nagar on July 28, 2024, from 6:00 PM to 10:00 PM. 

The event was graced by renowned Marathi actress Shruti Marathe as the Chief Guest, alongside special guest Navnath Yewale, the founder of Yewale Amrutulya. The founder and Managing Director of Global Awards, Sagar Garve, was in attendance to honor and appreciate the talented business minds of Maharashtra.

Global Awards aims to recognise and celebrate the achievements of business owners who have demonstrated excellence in their respective fields. This year, over 35 business owners were awarded across various categories. The event was expertly handled by Vaibhav Ujade, Event Head at Global Awards, with Arti Maurya as the Branding & Marketing Manager and Komal Gaikwad as the Customer Relationship Manager.

“Global Awards – Appreciating the talents,” says Sagar Garve, Founder and MD of Global Awards, highlighting the importance of recognising Maharashtra’s business community’s hard work and dedication.

Winners List

The winners of the Maharashtracha Business Tycoon Award 2024 are:

1. Kamlesh Pawar – Young Achiever in Real Estate Industry, Bhumi Infra

2. Shashank Rajesh Kadam – Best Home Decor Company in Pune, Diamond Home Decor

3. Sachin Samadhan Deore – Best Dairy Farm in Malegaon Nashik, Shrisai Group

4. Vinod Satish Amrutkar – Best Bamboo Specialist Architect in Maharashtra, Vnnode Studio

5. Prakash Dayma – Most Trusted Smartphone Distributors in Pune, Key Classify

6. Avinash Ashok Randive – Excellence in Health Insurance, Globe Xpand Solution

7. Shrikant Shewale – Young Achiever in Green Renewable & Home Automation Industry, Ecosun Power & Home Automation Private Ltd

8. Sachin Nikumbh – Best Decorative and Architecture Product Company in Nashik, Diamond Composite

9. Umeshkumar Ingle, Manoj Kumar Tambade, Nilesh Patil – Fastest Growing Company in Agriculture Sector in Maharashtra, Growfield Agriscience and Research Pvt Ltd, Pune

10. Kaajal Jadhav – Most Trusted Tarot Card Reader & Coach in Pune, Kaajal’s Spiritual World (Om Sai)

11. Jyoti Pawar – Best Reiki Healing & Vaastu Shastra Institute in Maharashtra, Jyoti’s Healing Institute

12. Ravindra Shivaji Warghude – Best Known Trading & Education Company in Maharashtra, Royal Empire Trading

13. Akshay Gawande – Best Elevation Design & Consulting Civil Engineer Company in Yavatmal, Nirmiti Construction

14. Prakash Ramchandra Katkar – Best Borewell & Electrical Services, Happy Home Borewell & Electrical

15. Vijendra Gadre – Best Hospitality Services in Pune, VSG Hospitality Services Pvt Ltd

16. Jeevan Bahirat – Best Infrastructure Services in Pune, Adiraj Enterprise

17. Sudarshan Subhash Bhosale – Best Domestic RO Service & Solar Energy Product, SB Multi Sales and Services

18. Pradeep Rajaram Walgude – Trusted Laptop/Desktop Sales & Service in Pune, Sai Computer House

19. Asmita Pundlik Bhor Doke – Best Online Collection of Imitation Jewellery, Sanmita’s Collection Imitation Jewellery

20. Shakil Abdul Karim Sawant – Best Hoteling & Lodging in Ratnagiri, Naseeb Hotel Pvt Ltd

21. Krishna Pandurang Bhanuse – Best Life Coach & Business Coach Award, Founder PKC Digital & Being Blissful Category

About Global Awards:

Global Awards is dedicated to recognising and celebrating the excellence of business leaders and companies in various industries. The company’s mission is to acknowledge businesses’ hard work, dedication, and success that contribute significantly to their region’s economic growth and development.

For more information, please visit:

http://www.theglobalawards.in/

New Delhi (India), August 7:  Tinna Trade announces the acquisition of Fratelli Wines, one of India’s leading names in winemaking. This strategic move, involving the issuance of 3,07,79,184 shares* of Tinna Trade Ltd. to Fratelli Wines’ shareholders, marks the beginning of an exciting journey as Fratelli Wines becomes a 100% subsidiary of Tinna Trade. 

Reflecting its new focus and vision, Tinna Trade has rechristened itself as Fratelli Vineyards Ltd., upon completion of the requisite statutory & regulatory processes. 

Fratelli Vineyards reported impressive net revenue of Rs. 215.6 crore and an EBITDA of Rs. 28.6 crore for the year ending March 31, 2024 and 70% of its revenues is derived from its premium offerings. This acquisition is a significant milestone, positioning Fratelli Vineyards for unprecedented growth and expansion. 

Commenting on the occasion, Mr. Gaurav Sekhri, Managing Director Tinna Trade said, “We are delighted to reimagine Tinna Trade as Fratelli Vineyards (Fratelli). We have been building our vineyards, brands and a unique integrated ‘grapes to bottle’ model, since the year 2007. Today the business is at a stage where it is poised for strong and sustained expansion with an attractive portfolio of brands. As a focused entity, Fratelli 2.0 is getting future ready. Being listed creates an opportunity for the shareholders to participate in the value creation journey backed by our strong experience in the lifestyle/business of wine. 

Fratelli is one of India’s finest winemakers, having in its repertoire multi-feted brands like J’Noon & Sette, which are India’s first luxury wines and category leaders. Since inception as a family-backed vineyard, Fratelli has made significant strides in growing its business, creating   an indelible mark in minds of oenophiles and premium F&B/hospitality brands across the country for the quality of its wine. The business is well-placed to grow robustly with sharp focus on brand development and new product launches.”

Tinna Trade has issued 3,07,79,184 equity shares having face value Rs. 10 to shareholders of Fratelli Wines, at an issue price of Rs. 72 per share, on a preferential basis towards aggregate consideration of ~Rs. 222 crores in accordance with Chapter V of SEBI ICDR regulations and other applicable laws towards the acquisition of 1,23,11,671 equity shares of Fratelli Wines, representing ~97% of the equity of Fratelli Wines.

Crafting the Future of Indian Wine

This share swap was executed in full compliance with regulatory guidelines, underscoring a commitment to integrity and excellence. As part of the strategic plan, Tinna Trade’s current agri. and non-agri. trading operations have been phased out, allowing the company to concentrate on the thriving and lucrative world of winemaking. 

About Fratelli Vineyards Ltd

Fratelli Vineyards was launched in 2007 by seven brothers from three families and two countries, united by their passion for quality wine. Fratelli, India’s largest vineyards, combines Italian winemaking with Indian terroir to produce luxury wines that consistently demonstrate the dedication behind their creation. With four state-of-the-art wineries in Maharashtra and Karnataka, Fratelli commands an impressive capacity of 5.6 million litres. This extensive presence in the wine industry is complemented by luxurious hospitality offerings, providing an immersive and unparalleled wine experience.

DISCLAIMER:

Certain statements in this document may be forward-looking regarding the business, financial performance, strategy and outcomes of Fratelli Vineyards, as well as the industry it operates in. These statements are subject to risks, uncertainties, and assumptions, which may cause actual results to differ from those expressed or implied. Factors such as changes in economic, political, regulatory, or market conditions could affect the accuracy of these statements. Fratelli Vineyards, its affiliates, advisors, representatives, subsidiary undertakings, officers, or employees do not guarantee the accuracy of the assumptions underlying these forward-looking statements, nor do they guarantee the future accuracy of the statements or the occurrence of forecasted developments. The company assumes no obligation to publicly amend, modify, or revise any forward-looking statements based on subsequent developments, information, or events. Given these uncertainties, viewers are advised not to overly rely on these forward-looking statements.

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New Delhi (India), August 7:  Tinna Trade announces the acquisition of Fratelli Wines, one of India’s leading names in winemaking. This strategic move, involving the issuance of 3,07,79,184 shares* of Tinna Trade Ltd. to Fratelli Wines’ shareholders, marks the beginning of an exciting journey as Fratelli Wines becomes a 100% subsidiary of Tinna Trade. 

Reflecting its new focus and vision, Tinna Trade has rechristened itself as Fratelli Vineyards Ltd., upon completion of the requisite statutory & regulatory processes. 

Fratelli Vineyards reported impressive net revenue of Rs. 215.6 crore and an EBITDA of Rs. 28.6 crore for the year ending March 31, 2024 and 70% of its revenues is derived from its premium offerings. This acquisition is a significant milestone, positioning Fratelli Vineyards for unprecedented growth and expansion. 

Commenting on the occasion, Mr. Gaurav Sekhri, Managing Director Tinna Trade said, “We are delighted to reimagine Tinna Trade as Fratelli Vineyards (Fratelli). We have been building our vineyards, brands and a unique integrated ‘grapes to bottle’ model, since the year 2007. Today the business is at a stage where it is poised for strong and sustained expansion with an attractive portfolio of brands. As a focused entity, Fratelli 2.0 is getting future ready. Being listed creates an opportunity for the shareholders to participate in the value creation journey backed by our strong experience in the lifestyle/business of wine. 

Fratelli is one of India’s finest winemakers, having in its repertoire multi-feted brands like J’Noon & Sette, which are India’s first luxury wines and category leaders. Since inception as a family-backed vineyard, Fratelli has made significant strides in growing its business, creating   an indelible mark in minds of oenophiles and premium F&B/hospitality brands across the country for the quality of its wine. The business is well-placed to grow robustly with sharp focus on brand development and new product launches.”

Tinna Trade has issued 3,07,79,184 equity shares having face value Rs. 10 to shareholders of Fratelli Wines, at an issue price of Rs. 72 per share, on a preferential basis towards aggregate consideration of ~Rs. 222 crores in accordance with Chapter V of SEBI ICDR regulations and other applicable laws towards the acquisition of 1,23,11,671 equity shares of Fratelli Wines, representing ~97% of the equity of Fratelli Wines.

Crafting the Future of Indian Wine

This share swap was executed in full compliance with regulatory guidelines, underscoring a commitment to integrity and excellence. As part of the strategic plan, Tinna Trade’s current agri. and non-agri. trading operations have been phased out, allowing the company to concentrate on the thriving and lucrative world of winemaking. 

About Fratelli Vineyards Ltd

Fratelli Vineyards was launched in 2007 by seven brothers from three families and two countries, united by their passion for quality wine. Fratelli, India’s largest vineyards, combines Italian winemaking with Indian terroir to produce luxury wines that consistently demonstrate the dedication behind their creation. With four state-of-the-art wineries in Maharashtra and Karnataka, Fratelli commands an impressive capacity of 5.6 million litres. This extensive presence in the wine industry is complemented by luxurious hospitality offerings, providing an immersive and unparalleled wine experience.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi (India), August 7: As the real estate market is shifting towards creating experiential living spaces, Anupam Retail Limited, a leading name in innovative home solutions and subsidiary of Anupam Group, with a flourish launches its exquisite range of home solutions- Morzze, a confluence of exquisite design and utility. This premium quality brand curated with utmost care is set to redefine and enhance your living experience befitting modern lifestyles with its sheer hallmark of sophistication.

“Our goal with Morzze is to offer discerning consumers an exquisite range of home solutions that blend elegance with practicality. We understand the importance of creating spaces that inspire, and Morzze embodies our commitment to delivering exceptional quality and design,” said Mr. Rajender Garg, Managing Director of Anupam Retail Limited. Morzze is the manifestation of a vision to cater to a discerning globe-trotting HNI population who opt for homes with hybrid convenience having a blend of the traditional with global features. 

Synonymous with luxury and functionality, the new venture is set to elevate the standards of home living with a range of high-quality, sophisticated products, unveiling its inaugural collection featuring select kitchenware and bathroom essentials. Each product reflects meticulous craftsmanship, using high quality materials and cutting-edge design to enhance the aesthetics that break monotony and offers ease of living in your homes. Morzze represents a fresh perspective in opulence with a clear purpose to indulge the customer with its offerings of conveniences.

Morzze’s kitchen portfolio has two collections-Aura and Vertex. Morzze’s launch collection includes a stunning array of kitchen sinks crafted from premium stainless steel, showcasing sleek and contemporary designs that enhance any kitchen’s aesthetic making it an inviting space to dabble in culinary skills. Complementing this line are elegantly designed faucets, tailored to elevate the kitchen experience while offering unparalleled durability and performance without losing its sheen! The joy of kitchen experience is enhanced due to the features of kitchen collections being dust repellant, odour-free, heat resistant, food safe, hygienic, stain resistant, impact-resistant, durable and easy to maintain. Enhancing the kitchen look is the captivating Vertex granite sink series is all about product that lasts with finish of incredibly flawlessness. Needless to say, Morzze, is a favoured brand as kitchen fixtures for they are epitomes of durability and timeless elegance that complement the space like a T.

In addition to kitchen solutions, Morzze has also introduced a line of chic bathroom fixtures, ranging from luxurious shower systems to exquisite basin faucets. Each product embodies a blend of style and innovation, engineered to transform bathrooms into private sanctuaries of peace and tranquility to rejuvenate an exhausted body and spirit. To put it differently, Morzze, is an outstanding specimen of creating masterpieces in kitchens and bathrooms that aptly reflects the personality and elegance of the owner.

Morzze is your partner in transforming your kitchen and bathroom spaces into stunning functional areas that are sleek, silent and sturdy. The premium brand stands as a testimony to innovation and craftsmanship in the industry with its unwavering focus on excellent quality, diverse finishes for durability and sophisticated appearance. An added advantage is the comprehensive warranty of Morzze products, which not only honours our promise of uncompromising and exacting standards in ensuring quality, but also offers our customers lasting peace of mind and value for money. The brand has mastered the art of blending beauty and range with functionality and easy to maintain that will make give you feel of a kitchen king!  

Complementing the interiors of your home is the brand’s Stainless Steel Floor Drainers bespeaks innovation at its best with variety of options. Made from the finest steel and embedded with a host of innovative features, the floor drainers cater to both, indoors or outdoors. Elegant in look and finish, these floors drainers which come in different shapes and size specifications are easy to clean and maintain, besides they also serve the purpose of efficient water drainage. They are designed to achieve quick drainage without clogging and most importantly prevent insects such as cockroaches from finding their way into your homes through the floor drainers.

“We are excited to unveil Morzze as a symbol of Anupam’s dedication to providing superior home solutions. The brand represents the pinnacle of our commitment to excellence and is poised to become a benchmark in the industry,” remarked Mr. Rajender Garg. With Morzze, the Anupam Group is truly living up to its over three decade-long legacy as market leader in the industry, exhibiting its commitment to excellence and customer satisfaction while continually exploring to elevate the quality and range of its products. Another endearing aspect about Morzze is that it is “Affordable Luxury” with a tariff that is competitive yet is the best price for products that defy boundaries of imagination, which customers swear as the offering meet the toughest spectrum of quality markers.

Morzze stands on the strong foundational pillars of adherence to excellence in quality, inculcating innovative spirit, sensitivity towards sustainability, customer-centric approach, customization and the most important high on integrity, besides community engagement and empowering employees, the backbone of the company. Even as the launch has generated much curiosity and excitement in the market, the vision is set for another slew of expansion in portfolio with mesmerizing products.

Morzze products are now available for purchase through select retailers and online platforms. Be the one to discover the elegance and precision of Morzze’s premier collection, designed to elevate everyday living spaces and be a part of that immersive living experience. For more information about Morzze and its product offerings, visit www.morzze.com

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Ludhiana (Punjab) [India] August 7 : Ludhiana-based Astberg Ventilation Pvt Ltd is leading the charge against indoor air pollution, an often overlooked health hazard. Founded in 2021 by industry veterans Mr. Tervinder Pal Singh and Mr. Tejvinder Pal Singh, Astberg is transforming the Indian market with Mechanical Ventilation with Heat Recovery (MVHR) technology.

The urgency is apparent: indoor air can be up to five times more polluted than outdoor air, a concerning statistic given that people spend about 90% of their time indoors. As modern buildings become increasingly airtight for energy efficiency, the need for advanced ventilation has never been more critical.

“We’re not just selling products; we’re providing a breath of fresh air to India’s future,” says Mr. Tervinder Pal Singh. “Our MVHR technology is a game-changer in how we approach indoor air quality, offering a solution that’s both highly effective and energy-efficient.”

Astberg’s MVHR systems excel in managing crucial air quality parameters such as PM2.5, CO2, and VOC levels without compromising energy efficiency. The company’s impact is already visible across high-profile projects, from the Canada Embassy to corporate giants like Godrej and Sertel Electronics.

“Our vision extends beyond mere ventilation,” Mr. Tejvinder Pal Singh explains. “We’re laying the foundation for healthier, more productive indoor environments across India.”

The founders’ commitment stems from their extensive HVAC industry experience. They recognised the gap in the Indian market for advanced ventilation solutions tailored to modern building requirements.

Astberg calls on HVAC professionals, architects, and builders to integrate these advanced ventilation solutions into their projects. The emphasis is clear: indoor air quality must be a fundamental consideration in building design and operation.

“We’re not just building a company; we’re catalysing a movement towards healthier indoor living,” Mr. Tervinder Pal Singh asserts. “Our goal is to make advanced ventilation as standard in Indian buildings as air conditioning is today.”

With Astberg leading the HVAC industry, a healthier and more productive future for millions of professionals is within reach. The company’s vision of clean, fresh indoor air will become an integral part of India’s architectural landscape, promising a breath of fresh air for generations to come.

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Mumbai (Maharashtra) [India], August 7: SVAR Gems, a leading name in the world of exquisite Zirconias, Lab-grown diamonds, and Gemstones is thrilled to announce the appointment of renowned Bollywood and Tollywood actress, and Big Boss fame, Mannara Chopra as its Brand Ambassador. This groundbreaking collaboration marks a significant milestone, as SVAR Gems becomes the first gems brand in India to officially launch a brand ambassador.

Mannara Chopra, known for her captivating presence on screen and dynamic personality, embodies the elegance and brilliance that SVAR Gems represents. With a career spanning across Bollywood and Tollywood, Mannara has won hearts nationwide, making her the perfect muse for SVAR Gems’ exquisite collection.

The gorgeous actress will be seen adorned in the exclusive and exquisite collections embellished with SVAR Zirconia, crafted by esteemed brand partners of SVAR Gems.

“Her timeless beauty and grace perfectly match the elegance and sophistication of our brand. For the first time in the Indian Gems industry, SVAR Gems has introduced Bollywood celebrity as its Brand Ambassador. We are confident that Mannara as the Face of SVAR Gems will inspire and fascinate everyone. We look forward to a bright and successful journey together and enhancing the SVAR experience for all our valued customers,” said Dr Rajendra Jain, MD of SVAR Gems.

“We are thrilled to welcome Mannara into our SVAR Family. This collaboration signifies a new era for SVAR Gems, as we continue to innovate and inspire in the world of fine jewellery,” he added.

Mannara Chopra expressed her excitement about the partnership, stating, “I am honoured to be the face of SVAR Gems, a brand that celebrates the beauty and brilliance of gemstones. SVAR’s commitment to quality and craftsmanship resonates with my own values, and I look forward to this sparkling journey together.”

SVAR Gems has consistently pushed the boundaries of innovation reflecting the true essence of luxury. The introduction of a brand ambassador enhances the brand’s visibility and also connects with a broader audience, showcasing the charm of SVAR Gems adorning every jewellery dream.

For more information, please contact Siddhant Jain – 91 98196 07633.

About SVAR Gems

SVAR Gems is renowned for its innovative product lines – SVAR Zirconia, SVAR Lab-grown Diamonds and Gemstones. An expert team with over 30 years of experience in the industry led by the Managing Director – Dr Rajendra Jain and Director – Mr Vivek Gurung, SVAR Gems provides customers with innovative and creative solutions for their gemstones and jewellery needs. Their signature SVAR Zirconia offers a dazzling array of colours, revolutionising luxury with its versatile beauty. SVAR Lab-Grown Diamonds are crafted with environmental care, with a commitment to a brighter future. Whether it’s the vibrant allure of SVAR Zirconia or the eco-conscious lab- grown diamonds, SVAR Gems embodies Earth-friendly brilliance, allowing customers to adorn their every jewellery dream.

https://youtu.be/_uklC1e-cC0

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Hyderabad (Telangana) [India], August 6: : Sambhv Steel Tubes Ltd., a leading manufacturer of high-quality steel products, proudly announces its participation in the prestigious Tube & Pipe Fair, taking place in Hitex Exhibition Centre, Hyderabad from 5th to 7th August, 2024.

Known for producing 1 million metric tons of intermediate & finished steel products annually (approx.), Sambhv specialises in Hot-Rolled Coils, Cold-Rolled Coils, MS ERW Pipes & Tubes (both Black and Galvanised), and various hollow-section pipes. Sambhv is also the first company in India to introduce a narrow width HR coil with maximum width of 470mm and gauge range in between 1.5 mm to 5 mm thickness which results in competitive pricing and providing quality products with international standards. Strategically located in Raipur, Chhattisgarh, a region rich in mineral resources, Sambhv has greatly leveraged optimal access to raw materials and enhanced supply chain efficiency.

The Tube & Pipe Fair is a flagship event that gathers leading brands and professionals from the steel industry worldwide. After the incredible response of the fair’s first edition, the second edition has been bigger and better for participating brands as well as stakeholders. At the event, Sambhv’s booth features a variety of engaging product displays, live demonstrations, and interactive sessions, providing attendees with an in-depth understanding of the company’s cutting-edge technology and sustainable practices. The fair presents an excellent opportunity for Sambhv to connect with industry experts, potential clients, and partners, cultivating relationships and making the most out of new business opportunities.

A defining feature of Sambhv’s operations is its backward integrated setup, which ensures superior craftsmanship and consistent quality by overseeing the entire process from refining ore to producing finished steel products. Infact, Sambhv is the sole player to have a single location backward integration manufacturing setup. This integrated approach allows Sambhv to maintain strict quality control, meeting the highest domestic and international standards.

Sambhv is further expanding its operations with the opening of a new plant in Kuthrel, Raipur (which is scheduled to be inaugurated in the next 2-3 months). Spread across 31 acres, the facility will boost production capacity and introduce a new product line, including GP (Pre-Galvanised) and SS (Stainless Steel) steel products, further diversifying Sambhv’s offerings and meeting evolving customer needs. The stainless steel production is an important aspect of Sambhv’s operations at the Sarora plant, which is spread across a whopping 90 acres of industrial land.

Commenting on the event, and expressing the company’s deep sense of gratitude at the outset, Mr. Vikas Goyal, CEO & Managing Director of Sambhv Steel Tubes Ltd., said, “We are elated to be a part of this mega fair, as showcasing Sambhv’s manufacturing process has always been our hallmark trait, something that shall continue to drive us further. Our participation in the Tube & Pipe Fair speaks volumes about our sheer dedication to upscale the steel industry through innovation and excellence. We are eager to showcase our latest advancements and discuss how our products can contribute to a sustainable future. At Sambhv, we believe that everything is possible which translates to ‘Sab Sambhv Hai.’ This philosophy drives us to continuously push the boundaries of what we can achieve.”

Participation in industry fairs and exhibitions has been an imperative part of Sambhv’s marketing mix, allowing the company to showcase its products and connect with potential clients and partners. Through engaging product displays, live demonstrations, and interactive sessions, Sambhv aims to offer a hands-on experience with its innovations. These events also provide a platform for the steel major to gather insights, discuss trends, and explore collaboration opportunities with industry professionals, ensuring that the company remains at the forefront of the steel industry.

About Sambhv Steel

Sambhv Steel Tubes Ltd., headquartered in Raipur, Chhattisgarh, is a leading force in the steel manufacturing industry with an approximate annual production capacity of 1 million metric tons of intermediate & finished steel products. Specialising in Hot-Rolled Coils, Cold-Rolled Coils, MS ERW Pipes & Tubes (both Black and Galvanised), and hollow-section pipes, Sambhv leverages its strategic location in India’s mineral-rich belt for optimal raw material access and supply chain efficiency. Guided by the philosophy “Sab Sambhv Hai” — Everything is Possible, and under the leadership of industry veterans, Sambhv is dedicated to innovation, sustainability, and customer satisfaction and it is leaving no stones unturned to make a mark at a global scale in the industry.

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