Category Archives: Business

The Godrej Foundation co-launches the Global Access to Talent from India (GATI) Foundation Together with The Convergence Foundation and Manish Sabharwal, GATI Foundation aims to Make India a Global Talent Hub

Chandigarh, May 7, 2025: The Global Access to Talent from India (GATI) Foundation announced the launch at an event graced by Shri. Dr. S. Jaishankar, Hon’ble External Affairs Minister of India, as the Chief Guest. Shri. Jayant Chaudhary, Hon’ble Minister of State (Independent Charge) Skill Development and Entrepreneurship and Minister of State for Education, attended as the Guest of Honour. Incubated by The Convergence Foundation, Manish Sabharwal, and Godrej Foundation, GATI is a non-profit Foundation dedicated to building structured, ethical, and circular pathways for global talent mobility.

This mission gains urgency amid projections that high-income economies will face a labour shortage of 45–50 million skilled and semi-skilled workers by 2030. With a vision to position India as a global hub for skilled talent, GATI Foundation aims to foster collaboration between governments, businesses, and nonprofits to unlock opportunities for Indian workers in international labour markets.

The launch event brought together foreign ambassadors, senior government officials, leading industry representatives, and think tanks to deliberate on key themes such as government-to-government partnerships, ethical recruitment practices, and industry-led solutions for global skills mobility.

Omar Momin, CEO, Godrej Foundation, said, “In a world where the same person can earn up to ten times more by simply crossing a border, promoting global labour mobility is not just smart economics—it’s transformative development. With high-income countries facing a shortfall of nearly 50 million workers by 2030, GATI can look to build ethical, circular, and well-regulated migration pathways that unlock a triple win: filling critical skill gaps, fueling prosperity at home, and offering individuals a dignified path to opportunity.”

Ashish Dhawan, Founder-CEO of The Convergence Foundation, added, “Today, nearly 700,000 Indians migrate to work overseas each year. However, 60% of this workforce is concentrated in GCC countries. We have a real opportunity to expand our annual migrant flows to 2-2.5 million, by diversifying across geographies and job roles. Doing this can not only create more job opportunities, but also help us increase our remittances to $300 billion. Since remittances flow directly into households—enhancing consumption, education, and health spending—there is also a significant impact on poverty reduction.”

Manish Sabharwal, Vice-Chairman, TeamLease Services, added, “GATI is an idea whose time has come for India. The noise is high, but economics will trump politics if it is able to move the debate on migration from illegal to legal, migration to mobility, and citizenship to work. The notion that rich countries can avoid inflation or do care-work without migration is impossible. The challenge for countries is to make migration orderly, temporary, and safe. GATI Foundation proposes to fight the battle for ideas that well-designed guest worker programs are an important solution to global prosperity in the next two decades.”

Prega News Launches “Preggy” Campaign With Swiggy to Treat Unique Pregnancy Cravings this Mother’s Day

National; May 07, 2025: Prega News, India’s No. 1 pregnancy detection kit brand from Mankind Pharma, has announced a partnership with Swiggy Limited, India’s pioneering on-demand convenience platform to launch “Preggy”, a special campaign featuring a ‘Prega News Cravings Menu’ this Mother’s Day. The unique collaboration aims to celebrate one of pregnancy’s most distinctive experiences – ‘food cravings’ – by curating a specialised menu of sweet, sour, spicy, and uniquely combined dishes that cater specifically to expecting mothers’ desires.

As per a study conducted in India, over 75% of expecting mothers experience significant food cravings, particularly during the first and second trimesters. Prega News has been a trusted partner for women across all phases of pregnancy—pre, during, and post. Addressing this deeply relatable aspect of the journey, the ‘Prega News Cravings Menu’ initiative came as a thoughtful solution. Available exclusively on the Swiggy app, the special menu has been carefully curated based on extensive research done around common pregnancy cravings—allowing partners and families to surprise mothers-to-be with convenient access to their most desired foods this Mother’s Day. ITC Sunfeast Baked Creations and Choko La have partnered with Swiggy for crafting these special menus.

“Prega News believes in celebrating every aspect of motherhood, including the quirky and often unpredictable food cravings that come with pregnancy,” said Joy Chatterjee, Vice President, Sales and Marketing Head, Consumer Business Unit, Mankind Pharma. “By partnering with Swiggy, we’re acknowledging these cravings in a practical, supportive way while creating a meaningful connection with expecting mothers. This Mother’s Day initiative perfectly aligns with our brand philosophy of being present throughout a woman’s pregnancy journey.”

The ‘Prega News Cravings Menu’ features carefully selected food combinations that address the spectrum of cravings typically experienced during pregnancy. From sweet-and-spicy pairings to tangy treats with a savoury twist, the menu has been crafted to satisfy the distinct and sometimes surprising food preferences that characterise this special time.

Sharing his thoughts on the campaign, Mayur Hola, Vice President and Head of Brand, Swiggy said, “Cravings aren’t just about food – they’re emotional, personal and often a little quirky, especially during the times of pregnancy. Our collaboration with Prega News for the ‘Preggy Campaign’ brings this insight to life in a deliciously meaningful way. With the Prega News Cravings Menu, we’re making it possible for partners, friends, and families to order the food expecting mothers are craving for, and get it delivered at their doorstep, via the Swiggy app. It’s our way of delivering comfort, joy, and a little extra love this Mother’s Day.”

“At Swiggy, we’re constantly looking for ways to make everyday moments special by offering thoughtful convenience and pregnancy cravings are definitely one of them,” said Arjun Choudary, Vice President – Growth Marketing, Swiggy. “Cravings during pregnancy are unpredictable and deeply personal. Through the ‘Preggy’ campaign, we’ve collaborated with Prega News and our select restaurant partners to create a curated menu that speaks to these unique needs. This campaign is a great example of how marketing, product, and partnerships can come together to create real value.” he added further.

The campaign was conceptualised and executed by FCB Kinnect, highlighting the emotional significance of pregnancy cravings. The heart-warming ad film, which is part of the “Preggy” campaign, showcases a young mother-to-be experiencing an unusual food craving, which her supportive partner fulfils by ordering from Swiggy. The film beautifully captures the emotional journey of pregnancy cravings while demonstrating how the Prega News x Swiggy collaboration offers a practical solution to this common pregnancy experience.

Rohan Mehta, CEO, FCB Kinnect said “The best ideas come from simple human truths, and few are as universal and emotional as pregnancy cravings. We’re proud to have brought together this beautiful confluence of Prega News’s purpose and Swiggy’s practicality, into a genuinely memorable brand experience.”

Nishant Pratap, Group ECD South, FCB Kinnect added “Our intention, from the very beginning, was to celebrate mums-to-be. With an idea that isn’t just their cheerleader but one that actually delivers joy. That was it. We jumped up and thought, ‘Why not literally do exactly that?’ That’s how Preggy was born. As any Mum (and Dad) can testify, cravings have no rhyme or reason and no sense of timing. So we decided to do something about it. To work on brand Prega News is very special to us. To then have Prega News collaborate with Swiggy. What more can one ask for?”

The ‘Prega News Cravings Menu’ will be available on the Swiggy app in cities including Delhi-NCR, Mumbai, Pune, Bengaluru, and Hyderabad, allowing partners and family members to treat expecting mothers to their favourite food indulgences. With this initiative, Prega News reinforces its commitment to making the pregnancy journey more joyful and memorable by celebrating the little moments that make motherhood special.

Feel the Tropical Breeze: Discover Peach It Up’s New “Reverie” Collection

March 2025 – Mumbai, India: Peach It Up is delighted to introduce its latest collection, “Reverie”, which embodies the carefree, confident, and fearless woman who lives in the moment. Known for its intricate bridal creations, Peach It Up takes a bold step forward with this collection, offering vibrant prints, playful silhouettes, and a refreshing summer vibe perfect for the modern woman.

A Journey into Nature’s Vibrance

“Reverie” takes inspiration from the natural world, with tropical prints featuring lush palm trees, vibrant flowers, and playful parrots, capturing the essence of summer in every piece. The collection, designed with light, breezy fabrics and bold, energetic colors, invites women to embrace their individuality and live with confidence. Whether you’re lounging by the beach, attending a garden party, or strolling through the city, this collection offers effortless elegance while embracing fun and freedom.

As founder and designer of Peach It Up, I am proud of this new direction. “Reverie is our first step into lighter, more playful silhouettes with tropical prints. It’s an evolution for us as a brand, while still staying true to our mission of empowering women to feel confident and fearless. The vibrant color palette and bold patterns were carefully chosen to help every woman feel bold, free, and true to herself,” shares Designer Samridhi Agarwal

Vibrant, Bold, and Playful

The “Reverie” collection includes a range of pieces that blend style, comfort, and elegance, offering a versatile selection that moves from relaxed beachwear to sophisticated, statement pieces. The collection features luxurious fabrics such as organza, satin, georgette, and crepe, each chosen for its ability to provide both elegance and comfort. The color palette includes vibrant hues of pink, powder blue, cream, and rich tropical tones, with playful prints like tropical florals and lush botanicals. Silhouettes range from breezy, flowy dresses like the Monday Blues Dress, to chic, structured pieces like the Coral Crush Jumpsuit and the Tangerine Trouble Bustier. The fluidity and effortless drape of fabrics like satin and Georgette complement the relaxed, yet sophisticated cuts, offering versatile pieces perfect for both casual and formal summer events.

Signature Pieces to Fall in Love With

A few standout pieces from the collection are the Monday Blues Dress and Coral Crush Jumpsuit, both of which embody the spirit of Reverie. These pieces are designed to evoke confidence, grace, and a sense of effortless style:

• The Monday Blues Dress: This breezy powder blue dress features a playful tropical print at the hem. The lightweight, flowing silhouette is perfect for a laid-back yet stylish summer outing.
• The Coral Crush Jumpsuit: This luxurious satin jumpsuit is designed to make a bold statement while offering ultimate comfort. The chic silhouette and subtle sheen bring sophistication to any summer gathering or evening soirée.

Explore the Timeless Charm of Madurai — A Green Escape from Chennai

Let the ancient city of Madurai be your sanctuary. Steeped in history and alive with vibrant culture, Madurai is one of South India’s oldest living cities—where spirituality, architectural brilliance, and natural beauty come together in perfect harmony.

Whether you’re a culture enthusiast, a history lover, or simply seeking a peaceful retreat, Madurai offers a soul-satisfying experience.

Must-Visit Spots in Madurai

Meenakshi Amman Temple – The Spiritual and Architectural Heart of the City

Step into a world of divine grandeur at the Meenakshi Amman Temple, a spectacular symbol of Tamil culture and devotion. Featuring 14 elaborately carved gopurams, the temple is an awe-inspiring example of Dravidian architecture. Inside, marvel at the sacred pond, 1,000-pillar hall, and exquisite sculptures that narrate centuries-old legends. Every visit here feels like a divine encounter—and during festivals like Meenakshi Thirukalyanam, the temple becomes a vibrant canvas of celebration.

2) Gandhi Memorial Museum – A Living Archive of India’s Struggle for Freedom

Located in the historic Tamukkam Palace, this museum is a moving tribute to Mahatma Gandhi’s legacy and India’s independence movement. It showcases a rare collection of photographs, letters, and personal effects—including a poignant piece of the garment he wore on the day of his assassination. More than a museum, it offers a profound reflection on the ideals of peace, justice, and resilience that continue to inspire.

3) Yanaimalai (Elephant Hill) – Where Nature and Jain Heritage Coexist

Named for its resemblance to a seated elephant, Yanaimalai is a striking natural landmark just outside Madurai. But beyond its unique shape lies a deeper story—etched into its rocks are ancient Jain sculptures and inscriptions dating back to the 2nd century BCE. With gentle slopes and open views, it’s a perfect early morning trek for those who seek a blend of history, nature, and solitude.

4) Samanar Hills – A Quiet Retreat into Jain Monastic Legacy

Hidden near Keelakuyilkudi village, the Samanar Hills are a serene and often overlooked destination. These ancient hill caves once sheltered Jain monks and still bear Tamil-Brahmi inscriptions and stone carvings of revered Tirthankaras. Surrounded by tamarind trees and open skies, the hills offer an ideal spot for peaceful walks, reflection, and soaking in spiritual calm.

Getting there: Choose the green and sustainable mode of transport NueGo. NueGo is the premium electric AC Bus brand that operates daily Chennai to Madurai bus service at affordable rates . The tickets can be easily booked through NueGo website https://nuego.in/ or via the NueGo App.

NueGo Buses are 100% green. These are electric AC buses with innovative technology and zero tailpipe emission. They offer noiseless travel and are safe and comfortable with features such as live tracking, CCTV surveillance, mobile charging point, ample leg space, reclining seats and much more.

Swiggy And Red Fm Celebrate Delivery Partners With Heartwarming Breakfast Rides Across 10 Cities

National, May 06th, 2025 — What happens when the nation’s most dedicated riders get a chance to ride for themselves—for joy, not duty? In a unique and heartwarming collaboration, Swiggy Limited, (NSE: SWIGGY / BSE: 544285), India’s pioneering on-demand convenience platform, and Red FM’s Riders Music Festival brought that answer to life with Breakfast Rides across 10 cities, turning the spotlight on the everyday heroes behind your food deliveries.

The initiative saw over 250 Swiggy delivery partners join Red FM RJs for early morning rides that culminated in a warm breakfast and a visit to the city’s Red FM studios—a first-time experience for many. Held in 10 cities namely Lucknow, Nagpur, Jaipur, Bhubaneswar, Indore, Dehradun, Patna, Jamshedpur, Siliguri and Surat, these rides weren’t just about the road—they were about recognition, and shared moments of joy.

Painting the town orange, these rides gave delivery partners the chance to celebrate and engage with regional radio jockeys. For many, this was their first time visiting a radio station.

More than just a symbolic gesture, the Breakfast Rides were an extension of Swiggy’s deeper, ongoing commitment to the lives and livelihoods of its delivery partners. At the heart of Swiggy’s ecosystem, these executives are more than partners—they are the face of reliability and resilience in India’s on-demand economy.

Speaking on the initiative, Rohit Kapoor, CEO, Swiggy Food Marketplace, said “We often speak of delivery partners as the backbone of our business. But sometimes, they also become the heartbeat of a city. The Breakfast Rides were about pausing, celebrating, and creating moments of shared humanity. Watching our partners ride for themselves for once was a reminder of the joy that comes from being recognised. We’re grateful to Red FM for helping us bring that feeling to life.”

Commenting on the initiative, Ms. Nisha Narayanan, COO & Director, Red FM & Magic FM said, “After the energy of Riders Music Festival was on a pause for this year, Red FM was thrilled to keep the spirit alive in a truly special way. Across multiple cities, we had the honour of hosting our delivery partners who are the everyday champions in keeping our lives moving. Through a series of Breakfast Rides, we invited them to trade their usual routes for open roads, great music, and a well-earned meal. It was our small way of saying thank you, and we were proud to create moments of joy, connection, and celebration just for them.”

Each ride was made memorable by the participation of city-specific Red FM RJs, who not only led the breakfast rallies but also invited the delivery partners into their studios—a first-time, awe-inspiring experience for many. Stories were shared, laughs echoed on-air, and the energy of the moment was broadcast live, allowing listeners to glimpse the lives of those who work tirelessly behind the scenes. A number of well-known RJs participated in the Breakfast Rides including RJ Mohak from Lucknow, RJ Akash from Nagpur, bringing his signature energy to the event. On March 11, RJ Abhi hosted the ride in Bhubaneswar. RJ Gaurav from Dehradun, RJ Ravindra from Jaipur, RJ Shivv from Indore, RJ Nidhi from Jamshedpur, RJ Priyanka from Siliguri, RJ Utsav from Surat, RJ Purab and RJ Swati from Delhi.

To sum up, The Breakfast Rides weren’t just a celebration of the delivery partners, but a reminder of the power of recognition, joy, and the incredible contributions these everyday heroes make to our lives.

Over the years, Swiggy has launched initiatives to empower delivery partners both on and off the road. Project Next provides pathways for partners to transition into full-time roles. Through Swiggy Skills, in collaboration with the Ministry of Skill Development, partners and restaurant staff receive training and certification via the Skill India Digital Hub. The Financial Literacy Program, in partnership with the National Stock Exchange (NSE), equips partners—especially women—with skills in budgeting and investing. Delivering Safely includes road safety workshops and provides partners with BIS-approved helmets, smart gear, and accident insurance, ensuring they are seen, supported, and safeguarded.

Assetz Unveils 700+ Plots in a Landmark Plotted Development With 6.8 Acres of Premium Amenities Beside a 190-Acre Lake

Mumbai, May 6, 2025 Assetz, Bengaluru’s leading real estate developer, has announced the launch of The Secret Lake, a luxury plotted development located on IVC Road, Devanahalli. Just a short 10-minute drive from the upcoming Foxconn Centre in KIADB Phase 3, Harrow International School and the Padukone-Dravid Centre for Sports Excellence. With an emphasis on human-centric planning, The Secret Lake brings together the calm of nature and the ease of urban access, crafted for those seeking both peace and proximity.

This project is where design meets intention. Developed in association with Equinox Global Shelters, an experienced player in plotted layouts, this project offers a majority of spacious plots ranging from 1,200 to 2,000 sq. ft., along with abundant open spaces and state-of-the-art amenities with a scope of future development. Over 20 acres are dedicated to open spaces—including 6.8 acres for amenities and clubhouse, and 4.8 acres for landscaped green spaces—all beside a pristine ~190-acre lake. Complementing its scenic location and thoughtfully laid out master plan, The Secret Lake boasts top-tier infrastructure, with special emphasis on sports amenities such as Padel Tennis, Pickleball and more. The roads with pedestrian pathways are lined with a three-tier avenue plantation, which transforms every street into a living, breathing boulevard. Every element of infrastructure here reflects an ideal blend of form and function.

The Secret Lake draws its name from the serene, almost hidden ~190-acre lake, making it a natural gem tucked away from the city’s noise, yet deeply connected to it, balancing city life and nature retreat.

Mr. Rohit Cariappa, Director – Head of Sales & CRM at Assetz Property Group, comments, “With the launch of The Secret Lake, we’ve moved beyond just selling plots to creating a holistic ecosystem. This plotted development isn’t just about owning land, it’s about being part of a community where every aspect of modern, healthy living has been carefully considered.”

Mr. Sunil Pareek, Executive Director at Assetz, added, “Besides high-rises and townships, plotted development is one among the segments in Assetz’s diversified portfolio. We’ve created value addition while serving our targeted customer segment with over 145 acres of plotted developments. Our plotted development projects are premium in nature, with top-grade infrastructure spends and are built to last for decades. Our locations and infrastructure is reflected in our average sale price, which is close to 7000 per square foot in FY25.”

SkyJumper Expands Footprint with 2 New Indoor Amusement Parks in Maharashtra and Punjab; Aims to Launch 10+ Parks by End of 2025

May 2025, India: SkyJumper Sports and Amusements Private Limited, a homegrown brand rooted in the ‘Make in India’ vision, has strengthened its national footprint with the launch of 2 new indoor amusement parks in Ambernath, Maharashtra, and Bathinda, Punjab. With 20 operational family entertainment centers across India, the company now aims to open 10+ additional parks by the end of 2025.

The new centers represent a combined investment of ₹7 crore. The Ambernath Park, developed with an investment of ₹3 crore, spans 10,000 sq. ft. at Master Business Center, K.B. Road, Ambernath West. Designed to attract 15,000 visitors monthly, it is expected to generate 15 to 20 local job opportunities. The key attractions include a trampoline arena, a laser tag arena, a soft play area, a Sky Lounge Café, and a party room, suitable for visitors aged 3 and above.

Similarly, the Bathinda Park, built with an investment of ₹4 crore, also covers 10,000 sq. ft. and is located at Mittal City Mall, Goniana Road, opposite Rose Garden Road, Bathinda. With a projected footfall of 20,000 visitors per month, it too is expected to create similar jobs locally.

The Bathinda Park features a Sky Verve trampoline arena, laser tag, soft play, a dynamic arcade zone, the Sky Lounge Café, and a party room, offering a full-spectrum entertainment experience for all age groups above 3 years, with no upper age or weight restrictions.

Commenting on the expansion, Mr. Suneel Dhar [Co-Founder, SkyJumper Sports and Amusements Pvt. Ltd., said, “We are thrilled to unveil our two brand-new indoor amusement parks in two strategic locations. Reaching 20 operational parks is a major milestone for SkyJumper, and we are now focused on accelerating our growth to launch 10+ new parks by the end of 2025.”

“Exciting times lie ahead as we diversify into new formats, including SkyLuxe, a premium entertainment experience; Curious Kids (Earn Your Fun), an edutainment concept; and the SkyJumper Sports Bar for adults. SkyJumper is no longer just about adventure; it’s a complete destination for family outings, birthday parties, school trips, corporate events, and social celebrations. We remain committed to providing safe, high-quality entertainment for all age groups,” added Mr. Jitender Chhabra, Co-Founder, SkyJumper Sports and Amusements Pvt. Ltd

Imarticus Learning launches Financial Risk Manager (FRM) program with pass assurance for aspiring finance and risk management professionals

Mumbai, 06th May 2025: Imarticus Learning, one of India’s leading professional education companies, has introduced the Financial Risk Manager (FRM) Program, to equip finance professionals and aspiring risk managers with skills like risk assessment, financial markets, and risk modeling. The program covers the FRM syllabus laid out by the Global Association of Risk Professionals (GARP) to prepare them for FRM, part I and II exams.

With risk management becoming a top priority for financial institutions, GARP’s FRM certification is globally acknowledged to provide a competitive edge for the professionals in the financial sector. As per recent data, the global spending on risk management technology in financial services is projected to reach $148 billion by 2026, up from $109.8 billion in 2023, reflecting a 10.5% compound annual growth rate.

Imarticus Learning has been approved by GARP and is now India’s first and only approved preparation partner for five global accounting and finance certifications: CMA USA, ACCA UK, CPA USA, CFA & FRM. Through Imarticus Learning’s FRM course, learners will gain deep industry insights and practical expertise, making them highly sought after in banking, consulting, fintech, and financial services. Taught by highly experienced industry professionals, it combines comprehensive learning alongside flexibility, making it suitable for working professionals who want to advance their careers in risk management.

The industry-aligned program is led by seasoned finance professionals and veterans who bring in real-world insights into risk management. Designed for working professionals, the program will offer live, instructor-led online sessions, allowing upskilling without career disruptions. Learners will benefit from a career bootcamp featuring career coaching, resume-building, and interview preparation, networking opportunities, along with mentorship from industry experts. To enhance exam readiness, the program includes exhaustive mock tests, doubt-clearing sessions, and GARP-approved study materials. What sets this program apart is Imarticus Learning’s unique Pass Assurance—designed to support learners until they pass.

Nikhil Barshikar, Founder & CEO, Imarticus Learning said “In an increasingly complex financial landscape, there is a growing need for skilled risk management professionals globally. Our FRM program will address this through its robust training module, industry mentorship and career support, ensuring the learners are not only exam-ready, but more importantly, job-ready. The program will add to Imarticus Learning’s comprehensive portfolio of finance certifications”

By establishing a strong base in quantitative analysis, financial markets, and risk modeling, the FRM program will provide learners with the opportunity to advance their careers and prepare them for high-demand roles such as Risk Analyst, Credit Risk Specialist and Market Risk Analyst. The program will help learners access lucrative career opportunities in banking, financial services, consulting, and fintech, while addressing financial risk management skills gap.

Sattva Sukun Posts 74.5% Q4 Profit Jump, Unveils Rs48 Cr Rights Issue

Mumbai, 06 May 2025: Sattva Sukun Lifecare Limited, a leading manufacturer of aroma and home décor products, has announced its financial results for the Fourth Quarter and Twelve Months ended 31st March 2025.

For the quarter ended 31st March 2025, the company’s Net Profit increased by 74.5% to ₹84.22 Lakhs as compared to ₹48.19 Lakhs in the corresponding period last year. Revenue from Operations for the Quarter ended 31st March 2025 increased by 6% to ₹105.16 Lakhs as compared to ₹99.23 Lakhs in the corresponding period last year.

For the Twelve months ended 31st March 2025, the company’s Net Profit increased by 108.9% to

₹248.94 Lakhs as compared to ₹119.04Lakhs in the corresponding period last year. Revenue from Operations for the Twelve Months ended 31st March 2025 increased by 48.1% to ₹526.30 Lakhs as compared to ₹355.33 Lakhs in the corresponding period last year.

“The company’s success is driven by a combination of innovation-led product development, investments in manufacturing capabilities, and an expanding consumer base, reinforcing its trajectory toward sustainable long-term growth. This strong performance further validates Sattva Sukun’s commitment to excellence, adaptability to market trends, and a key player in the industry,” said Mr. MIT Tarunkumar Brahmbhatt Managing Director of Sattva Sukun Lifecare Limited.

In addition to its strong operational performance, Sattva Sukun Lifecare Limited has finalized the terms of its Rights Issue, initially approved in January 2025. The company aims to raise ₹48 crore by offering 48 crore equity shares with a face value of ₹1 each at ₹1 per share. Shareholders will be entitled to subscribe to 5 new shares for every 2 shares held as of the record date, set for Friday, 09 May 2025.

The Rights Issue will open on Friday, 28 May 2025, with the last date for market renunciation on Monday, 06 June 2025, and is scheduled to close on Thursday, 11 June 2025 (subject to extension, though not exceeding 30 days from the opening date). If fully subscribed, the company’s outstanding shares will increase to 67.2 crore, strengthening its capital base to support future growth initiatives and strategic investments.

The consistent and robust financial performance of Sattva Sukun over the past several quarters stand as a testament to the company’s strategic vision, operational excellence, and strong market positioning. With steady revenue growth, increasing profitability, and a rising demand for its premium aroma and home décor products, the company has demonstrated its ability to scale operations while maintaining high-quality standards.

itel Launches Alpha 2 Pro Smartwatch with IP68 Water Resistance and Radiant 1000 Nits Brightness

National May 06th, 2025: itel has unveiled its latest smartwatch, the Alpha 2 Pro—an impressive fusion of functionality, durability, and immersive visuals. Built to withstand the elements, it boasts an impressive IP68 rating for water and dust resistance, delivering dependable performance even in the toughest conditions. With a standout 1.96” AMOLED display, high-resolution clarity of 466 x 466 pixels, and 1000 nits brightness, the Alpha 2 Pro ensures a vivid and vibrant display even under direct sunlight. It delivers sharper text and images, improved colour accuracy, and reduced eyestrain in bright settings, making it an excellent choice for outdoor use.

Designed for both style and performance, the Alpha 2 Pro comes with an Always-On Display feature and a premium metallic build, offering users a seamless blend of design and practicality. Engineered for endurance, the device boasts an IP68 rating for water and dust resistance, delivering rugged durability and reliable outdoor performance—perfectly suited for everyday wear and the demands of active, adventurous lifestyles.

Commenting on the launch, Mr. Arijeet Talapatra CEO of itel India, said, ” At itel, we are dedicated to making smart technology accessible to all by providing products that offer true value without compromise. Crafted to exceed expectations of consumers, this Alpha 2 Pro smartwatch reinforces our commitment of providing products with unmatched level of durability and sleek design typically seen in premium devices. As we look to the future, our vision is to create a seamless ecosystem of connected smart devices that not only meet the evolving demands of consumers but also remain affordable and reliable.”

Powered by the single-chip Bluetooth calling technology, it is designed to make communication effortless with features like incoming call alerts, recent call access, and a built-in dial pad – ensuring effortless connectivity. Perfectly tailored for travel and adventure enthusiasts, this premium smartwatch ensures uninterrupted connectivity on the go – elevating lifestyles with a seamless blend of sophistication, performance, and smart functionality.