Category Archives: Business

Kanika Tekriwal, CEO of JetSetGo Aviation, set to Make Her Debut at Cannes Film Festival 2025

13TH May 2024, New Delhi – Kanika Tekriwal, the dynamic Co-founder and CEO of JetSetGo Aviation Services Pvt. Ltd., is set to make her highly anticipated debut at the Cannes Film Festival 2025, marking yet another milestone in her inspiring journey.

A pioneering force in India’s private aviation industry, Kanika’s journey is nothing short of extraordinary. Fueled by ambition and resilience, she founded JetSetGo at the age of 22, redefining luxury air travel in India with a tech-first, customer-centric approach. Today, JetSetGo stands as India’s leading private aviation brand, serving the country’s elite with seamless, bespoke flying experiences.

Kanika’s Cannes debut is more than a moment of personal celebration—it symbolizes the growing presence of entrepreneurial voices at global cultural platforms. In a world where innovation, leadership, and influence increasingly intersect with art and culture, her appearance at Cannes reflects the evolving narrative of the modern-day changemaker.

Speaking about her Cannes debut, Kanika Tekriwal said: “Entrepreneurship, like cinema, is about the journey and telling stories that move people. To walk the red carpet at the Cannes Film Festival is more than an honour — it’s a powerful reminder that leadership and creativity go hand in hand. This moment is a celebration of how far Indian entrepreneurship has come. I hope my journey inspires others to dream without limits and lead with purpose. I’m walking not just for myself, but for every changemaker daring to carve a new path.”

The Cannes Film Festival, held annually in the French Riviera, is one of the world’s most iconic celebrations of cinema and creativity. As it continues to broaden its spotlight to include global trailblazers and thought leaders, Kanika’s presence marks a growing recognition of Indian entrepreneurs in global cultural arenas traditionally dominated by film and fashion.

Hafele Expands South India Presence with New Design Studio in Tirupati In collaboration with WDA Design Studio Private Limited

Hafele, a global leader in interior solutions, has further strengthened its footprint in South India with the launch of a new franchise showroom in Tirupati, Andhra Pradesh. Partnering with WDA Design Studio, this showroom is strategically located at 18-54/7, CIUN, Upparpalli Main Road, Tirupati – 517508, offering a comprehensive range of Hafele’s premium interior solutions.

The inauguration was graced by Ms. Padma Gupta, Director – HR & Customer Experience at Hafele South Asia, along with Mr. Vinod Agarwal and Mrs. Mahima Agarwal, Director at WDA Design Studio Private Limited. Designed as a one-stop destination for complete interior solutions, the showroom features an automation-compliant layout that offers an interactive and immersive experience. Customers can explore products in realistic, futuristic, and functional settings, including Hafele’s full range of kitchen and wardrobe hardware, appliances, surface solutions, lighting solutions, and digital locks.

“Tirupati’s rapid urban development has created a growing demand for modern, efficient interior solutions. With this new showroom, we aim to provide homeowners, architects, and designers with innovative products that cater to their evolving needs, enhancing the way they experience and design their living spaces,” said Ms. Padma Gupta, Director – HR & Customer Experience, Hafele South Asia.

The showroom’s unique design elements, including light-inviting spaces, enhance a four-dimensional experience that shapes how visitors perceive and engage with their surroundings. This launch marks a significant step in Hafele’s commitment to bringing world-class interior solutions closer to customers in India.

JPFL Films Private Limited, material subsidiary, to invest above INR 700 Crore for setting up of New Film lines

New Delhi, 13^th May, 2025: JPFL Films Private Limited (‘JPFL Films’), a subsidiary of flexible packaging giant Jindal Poly Films Limited, has announced a capacity expansion with new BOPP, PET and CPP lines in Nashik, Maharashtra. The new lines, expected to be commissioned in next 2-3 years’ time, will see a capex commitment of above INR 700 Crore.

This Capacity expansion is in addition to its ongoing new BOPP Line (Line 9) which was announced in the month of August, 2024 and is part of the company’s strategic play in the flexible packaging segment and in line with the company’s aim to increase market share amidst challenging demand-supply imbalances leading to ongoing pricing pressures in the sector. The expansion comes with the YoY growth of around 43% in Net Revenue from Operations in 9 months’ period FY 24-25 and to maintain its market leadership despite business headwinds. Flexible packaging, or packaging in general, is regarded as one of the most lucrative industries due to its wide applicability in the food and beverage, personal care, and pharmaceutical industries.

These new lines will be the most advanced in the market, boasting superior width and output capabilities, along with exceptional reliability, equipment quality, and process efficiency.

The commissioning of these new lines will further strengthen Company’s growth story. It highlights the JPFL Films’ dedication to technological advancement, quality enhancement and customer satisfaction. As the flexible packaging market continues to evolve, the JPFL Films is better equipped than ever to meet the challenges and opportunities that lie ahead, reinforcing its status as an industry pioneer and reliable partner for businesses worldwide.

Sharing his views on the strategic expansion, Mr. Vinod Kumar Gupta, Chief Executive Officer, JPFL Films put it in perspective, “With this expansion, we are enhancing our ability to meet and exceed customer expectations with a diverse range of high-performance films with focus of majority of the products made on the line towards sustainability and creation of a greener future. Moreover, this move aligns perfectly with our goals of improving operational efficiency and sets us up well to leverage business upturns as we continue to maintain market leadership. This will further strengthen our capacity to serve our customers with enhanced confidence and commitment.”

ace turtle launches Wrangler stores in Bareilly, Uttar Pradesh and Purnea, Bihar

Bengaluru, May 13, 2025 — ace turtle, India’s leading technology-driven retail company, today announced the launch of two new Wrangler® stores—one in Bareilly, Uttar Pradesh, and the other in Purnea, Bihar—marking a significant milestone in the brand’s continued expansion across emerging Indian markets.

 The new stores are located at Phoenix United Mall in Bareilly and in New Market in Purnea. These back-to-back launches underscore Wrangler®’s commitment to making high-quality, trend-forward denim and apparel more accessible to consumers in fast-growing Tier 2 and Tier 3 cities in India.

 Both stores are tech-enabled and omnichannel-ready, designed to offer a seamless shopping experience. They will not only serve walk-in customers but also function as local fulfillment hubs for online orders, enhancing last-mile efficiency and customer convenience.
“We’re excited to bring Wrangler® to Purnea and Bareilly—two cities that represent the rising aspirations of a new India,” said Nitin Chhabra, CEO of ace turtle. “This expansion reflects our commitment to taking Wrangler® beyond metro cities and delivering a world-class shopping experience powered by technology, style, and innovation.”

 These launches reinforce Wrangler®’s focus on redefining the retail experience in India through digital innovation, personalized engagement, and a diverse product range tailored to the evolving tastes of Indian consumers.

ADbhoot Unveils ‘Holiday Vibes’ – CottonKing’s Bold Leap into Holiday Wear

Mumbai 13th May 2025: The Indian menswear market has been witnessing a significant shift, with consumers increasingly seeking versatile clothing that blends style with comfort. While CottonKing has long been a trusted name in premium cotton formalwear, the growing demand for relaxed, travel-friendly apparel presents a new opportunity. With more men prioritizing leisure and travel experiences, the need for high-quality, breathable, and stylish holiday wear has surged. Recognizing this evolving consumer preference, CottonKing has partnered with Brand Strategist ADbhoot to launch the ‘Holiday Vibes’ campaign, the brand’s first-ever holiday wear collection. This marks a strategic expansion beyond its established formalwear, offering men a sophisticated yet effortless vacation wardrobe.

To celebrate this milestone, ADbhoot has crafted a campaign that’s bursting with energy and holiday vibes—just like a trip with your best friends. It’s fun, carefree, and all about making unforgettable memories, perfectly capturing the spirit of holidays. Inspired by the grand sound of opera, the ad film amplifies the excitement of ‘Holiday Vibes’ with energetic music and the powerful hook, ‘Vibe Hai,’ adding a fun twist to holiday fashion.

Vaibhav Pandit, Founder and Creative Director of ADbhoot, shared his enthusiasm: “This campaign is all about making a statement. CottonKing’s move into holiday wear is a big leap, and we wanted to match that energy with a concept that’s bold, grand, and wildly fun. Opera meets fashion in our crazy, unforgettable campaign.”

Vaibhav Pandit, Founder and Creative Director of ADbhoot, shared his enthusiasm: “With ‘Holiday Vibes,’ we’re not just launching a collection—we’re shaping fresh brand characteristics for CottonKing. This marks a progress from boardroom formals to carefree holiday fashion, where style meets spontaneity. We wanted the campaign to capture that feeling—like a vacation with your closest friends, filled with laughter, energy, and unforgettable moments. It’s about the thrill of breaking free, embracing the vibe, and truly living in the moment. We’re grateful to CottonKing for trusting us with this milestone, giving us the opportunity to bring this vibrant new chapter to life.”

Koushik Marathe, Director of CottonKing, shared his thoughts: “For years, CottonKing has been the go-to brand for men who seek uncompromising comfort in their everyday formals. But as lifestyles evolve, so do wardrobe needs. Today’s men are not just working hard—they’re traveling, unwinding, and embracing experiences with a distinct sense of style. ‘Holiday Vibes’ is our answer to this shift, bringing the same 100% cotton promise to a more relaxed, effortless aesthetic. Stepping into this new category is a milestone for us, and with ADbhoot’s creative brilliance, we’re ensuring the launch carries the excitement, energy, and impact that define both the collection and our brand’s journey forward.”

The campaign is set to make a powerful impact with a strategically designed 360-degree media plan, leveraging IPL on the connected TV, television placements across GEC and news channels, and a strong digital presence on social media. Complementing this, OOH and print will reinforce the brand message across key markets, creating a seamless, multi-platform presence that amplifies ‘Holiday Vibes’ at every touchpoint.

India’s Mother’s Day 2025 Brand Campaigns from Kotak Life, Blue Tribe Foods, Wondrlab, Mahindra Tractors, Morepen, and BML Lead

From Kotak Life’s Viraasat and Wondrlab’s Mom, the Original Influencer to Morepen’s Glow On, Mom!, Blue Tribe’s Plant-Powered Mothers, Mahindra Tractors’ Maa Kehti Hai, and BML Munjal University’s She Taught Me First, these campaigns spotlight the strength, wisdom, and legacy of Indian mothers in 2025

In Mumbai, Kotak Life Insurance partnered with Wondrlab to create a film titled Ma Ki Di Hui Viraasat. The campaign quietly observes what mothers leave behind through routine acts, not grand gestures. It highlights how unspoken lessons shape identity. Ashish Nair, CMO at Kotak Life, described the campaign as a reflection of values passed from one generation to the next. Creators Rahul Chandwani and Bhavesh Kosambia called it a nostalgic process that reconnected them with their own childhoods.

In Mumbai again, Blue Tribe Foods hosted a Mother’s Day event in partnership with AVI Smart Park. The experience was led by Nikki Arora Singh, Co-founder of the plant-based food brand. Children and their mothers explored sustainable eating through puppet shows, live tastings, and educational games. Instead of preaching sustainability, the brand demonstrated how simple changes in diet can help both people and the planet. The guests sampled soya chaap, sweet potato fries, nuggets, and plant-based kebabs while learning how conscious eating fits naturally into family life.

In Gurugram, BML Munjal University released a self-shot film titled She Taught Me First. The video featured students and faculty sharing personal messages about the earliest lessons they received from their mothers. Shadan Raza Ahmed, Head of People and Culture at the university, said the initiative reflected the university’s commitment to values-based education. The film was built around authenticity, reminding viewers that learning begins at home, long before any classroom.

In Bengaluru, Mahindra Tractors launched Ashwamedh, a flagship project within its national campaign Rag Rag Laal Hai. The initiative involved a convoy of six red Mahindra tractors starting from Nagpur and travelling across India. They stopped at over 500 dealerships and farming communities, thanking the people who keep India’s fields alive. Hemant Sikka, President of the Farm Equipment Sector, described it as a campaign rooted in emotion, celebrating not just machines but the families and mothers who support farmers every day.

Morepen Laboratories contributed a wellness-focused tribute. The company spotlighted key products including Omega capsules, multivitamins, biotin, and marine collagen. Nitika Saini, from the communications team, explained that the campaign was about nurturing mothers through science-backed support. It was not a commercial pitch. It was a message that health is an expression of care and that mothers must also be cared for with intention.

These five campaigns offered different expressions of the same truth. That motherhood is legacy, nurturing, resilience, nourishment, and vision. And that honoring it is not about clichés. It is about commitment.

Realistic Realtors Strengthens Its Leadership Team with the Appointment of Industry Veteran Parminder Singh as Group CTO & COO

Realistic Realtors, a prominent name in India’s commercial real estate advisory sector, has appointed Mr. Parminder Singh as its Group Chief Technology Officer and Chief Operations Officer (CTO & COO). With over 30 years of experience in digital transformation, enterprise technology, and strategic operations, Mr. Singh brings deep expertise that will drive the company’s next phase of growth.

He has held senior leadership roles at global organizations, leading initiatives to improve operational efficiency, build scalable systems, and align digital strategies with business goals. His experience spans automation, innovation, and ecosystem development—skills that will support Realistic Realtors’ expansion and modernization efforts.

As Group CTO & COO, Mr. Parminder Singh will focus on streamlining operations, strengthening digital infrastructure, and enhancing customer experiences through technology and data-driven solutions.

Mr. Parminder Singh, Group CTO & COO, Realistic Realtors, said, “It is an absolute excitement for me to join Realistic Realtors. At a time when the real estate industry is rapidly evolving, my focus will be on integrating advanced technologies to build resilient, agile, and customer-centric systems that support scalable and sustainable growth.”

Mr. Parminder’s appointment highlights Realistic Realtors’ commitment to digital innovation and positions the company for expanded reach, improved services, and sustainable growth in a competitive market.

CA Rushabh Shah Elected Unopposed as President of Chartered Accountants Association, Ahmedabad

Ahmedabad, May 13: The Annual General Meeting of the Chartered Accountants Association, Ahmedabad was held on May 10, where the new office bearers for the year 2025–26 were elected unopposed.

CA Rushabh Shah has been elected as the President, with CA Anjali Chokshi as Vice President, and CA Ashish Sharma and CA Sulabh Padshah as Honorary Secretaries.

Other members elected to the Executive Committee include:

CA Jignesh Shah, CA Ketul Patel, CA Nirav Choksi, CA Vikas Jain, CA Karan Shah, CA Priyam Shah, CA Kushal Talati, CA Shivang Chokshi, and CA Maulik Desai.

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The Chartered Accountants Association, Ahmedabad was established in 1951 and today holds a prominent position among professional bodies across India. It is currently ranked as the third-largest local Chartered Accountants body in the country.

Samsung TV sales cross Rs 10,000 cr in 2024, aims double-digit growth led by premium segment

India – May 12 2025: (PTI) Consumer Electronics major Samsung, whose TV sales crossed the Rs 10,000-crore mark in 2024, is looking for a double-digit growth this year driven by premiumisation with increase in the number of large screen size sets and by democratising new age features as AI technology, a company official said, as reported by Press Trust of India.

 The company now aspires to corner around one-third of the Indian TV market, where the growth is led by the premium segment, which is 55 inches and above screen size, said its Senior Director and Head of VD Business, Viplesh Dang.

 Though 2024 was not a good year for the TV industry, which witnessed a decline in sales, Samsung, a market leader in the segment, is observing “some green shoots” and expects the overall industry to grow with a low single digit.

 “We expect the industry to grow in the low digits, but we will outpace the market growth where we are aspiring for a double-digit growth,” Dang told PTI.

 Samsung, which launched a range of ultra-premium series on Wednesday for 2025, is introducing its Vision AI technology to Indian consumers. It is betting on the fast-growing premium segment, with an expectation of a new level of growth. Samsung Vision AI makes screens smarter, more intuitive and deeply personal.

 “So we are democratising the AI, which will expand to our lineup and give us more sales to grow,” he said, adding that with this range, Samsung will meet the aspirations of consumers, who are not only looking for an upgrade in screen sizes but in terms of technology and features also.

 According to Dang, now an “absolute growth” is coming from a value and volume perspective in the 55-inch and above screen size. Demand for such a large screen premium segment is even growing from smaller tier-II & III cities.

  There is still a section that continues to opt for a mass market and lower-sized screens such as 32 inches, and Samsung is also catering to them.

 “Now, 55 inches has also become a mass segment. Now, the new segment which is arriving is 75 inches and above. And there, when we are bringing 100 inches and 115 inches, we see that the market will upsize itself and create for us the value growth,” he said.

 On being asked about the TV industry in 2024, Dang said last year the market was at 11 million-plus units, volume-wise. “2024 has been a landmark year for Samsung. In value terms, we achieved Rs 10,000 crore as the turnover, becoming the only brand to achieve it, and we now aspire to grow double-digit this year,” he added.

 Samsung’s 2025 lineup of Neo QLED 8K, Neo QLED 4K, OLED, and The Frame TVs starts at Rs 49,490 and goes up to Rs 11 lakh.

 Its AI mode optimises picture quality and sound in real time by using advanced deep-learning algorithms that adapt to both content and ambient surroundings. Besides, AI experience personalises content discovery and settings by learning user preferences.

 Samsung, Vision AI transforms televisions into adaptive hubs, responsive to their environment and user behaviours.

 Its Universal Gesture Control allows users to navigate their Samsung Smart AI TV using simple hand movements, eliminating the need for a remote. This feature utilises AI technology, and a connected Galaxy Watch to recognise gestures, allowing for intuitive control over various TV functions.

 According to Counterpoint Research, in 2024, the Indian TV market experienced over 10 per cent decline in terms of shipments. This was largely due to weak consumer sentiments, a slowdown in the replacement cycle, and macroeconomic challenges, which also affected sales revenue.

 However, it also added that consumers increasingly favoured larger screens for a more immersive entertainment experience.

 “Consequently, 55” and above TV shipments have grown approximately 12 per cent YoY in 2024. Samsung emerged as the market leader, with 9 per cent YoY shipment growth, driven by increased premium offerings and offline growth. In 2024, a major decline in shipments was observed among Chinese and mid-tier brands,” said Counterpoint Research Senior Analyst Anshika Jain.

 For 2025, it expects overall shipments to remain stable, with modest single-digit growth, as the market struggles with a slow start to the year.

 “However, the second half is likely to see a rebound, fuelled by festive demand and increasing consumer upgrades to premium devices. The trend toward premiumisation is expected to continue, with the Rs 40,0000-70,000 price range becoming the key segment for most brands,” Jain said.

 Samsung competes in the Indian TV market with players, including Sony, LG Electronics, TCL, Panasonic, Haier, etc.

Re Sustainability Launches ISS: India’s First Delivery and Outcome-Led Sustainability Platform for Business Transformation Solutions

Bangalore, May 12, 2025: Re Sustainability Limited (ReSL), one of Asia’s leading environmental and sustainability solutions providers, today announced the launch of Integrated Sustainability Solutions (ISS)—India’s first execution-driven platform that empowers businesses to fully integrate sustainability across their operations, infrastructure, and investment strategies.

ISS is designed to eliminate the fragmentation that has historically hindered effective sustainability implementation. Instead of managing multiple vendors and disjointed programs, businesses can now rely on a single, trusted partner to implement their sustainability agenda—from early-stage strategy and compliance solutions to infrastructure development, resource recovery, operations, and ESG disclosures.

Built on ReSL’s robust operational presence—across 99+ sites in 11 countries—and driven by India’s largest team of environmental professionals, ISS brings together decades of expertise in environmental services, engineering, permitting, analytical, digital ESG systems, and circular economy implementation.

ISS also houses netZERO, Re Sustainability’s specialized arm focused on EPR, carbon credits, and circular economy implementation. netZERO provides end-to-end compliance and circular economy solutions across plastics, e-waste, batteries, tyres, and used oil. With deep expertise in EPR regulations and pan-India operational capabilities, netZERO helps brands and PIBOs seamlessly meet their Extended Producer Responsibility (EPR) obligations, while also accessing carbon credit pathways aligned with global, national climate targets and voluntary programs.

Through ISS, ReSL offers a comprehensive and modular suite of services, adaptable to the specific needs of industries such as chemicals, pharmaceuticals, metals, mining, manufacturing, infrastructure, ports, IT, real estate, healthcare, and consumer goods.

The range of services includes:

• Sustainability & ESG Advisory – Strategy development, Net Zero roadmaps, materiality assessments, ESG maturity diagnostics, and implementation planning
• Permitting & Regulatory Compliance – Complete support for environmental clearances, impact assessments, licenses, audits, multi-jurisdictional regulatory compliance, and comprehensive environmental monitoring and testing services
• Environmental Due Diligence & Remediation Services – Assessment of environmental liabilities, risk evaluation, site investigations, and deployment of remediation strategies to address contamination and ensure full compliance
• Environmental Infrastructure Solutions – Turnkey development of water and wastewater treatment systems, air emission control facilities, solid and hazardous waste management infrastructure, and decarbonisation and green energy systems
• Operations & Maintenance (O&M) – Performance-based management of environmental assets with service-level agreements (SLAs), condition monitoring, and continuous optimization
• Decarbonisation & Climate Action – Carbon accounting, reduction strategies, energy efficiency solutions, and access to carbon markets and climate finance instruments
• Resource Recovery & Circular Economy – Advanced recovery of materials and energy through recycling, RDF, biogas, composting, and alternate fuels integration
• Sustainability Reporting & Assurance – ESG impact tracking and disclosure aligned with GRI, BRSR, CDP, TCFD, EU-CSRD, and other leading frameworks, with independent assurance
• Digital & Analytical Tools – Real-time ESG dashboards, monitoring platforms, AI-powered compliance tools, and data-driven performance analytics
• Sustainable Financing & Delivery Models – Flexible implementation through capital-light co-financing, joint ventures, revenue-sharing arrangements, BOT (build-operate-transfer) formats, and public-private partnerships (PPPs) tailored to sustainability infrastructure

 “ISS is our strategic response to the on-ground implementation gap that so many businesses face today when it comes to sustainability & ESG programs,” said Masood Mallick, Managing Director & Group CEO of Re Sustainability. “Sustainability cannot be an isolated initiative. It needs to be integrated, funded, operated, and measured across the value chain. ISS is designed to do exactly that—with the technical depth, institutional scale, and financing flexibility needed to drive transformational outcomes.”

By integrating advisory, implementation, and ownership models under one platform, ISS helps businesses unlock synergies between climate goals, regulatory compliance, cost efficiency, and long-term business value. Through flexible engagement formats, organizations can choose outcome-linked models that align performance incentives with environmental and social impact.

With India accelerating its climate and ESG mandates, and global investors demanding greater transparency and accountability, ISS positions Re Sustainability as a long-term partner for forward-looking organizations aiming to lead with responsibility and resilience.