Chalet Hotels appoints Industry Veteran Salil Khare as Chief Projects Officer

Mumbai, May 9, 2025: Chalet Hotels Limited (CHL) today announced the appointment of Mr. Salil Khare as Chief Projects Officer. In his new strategic role, Mr. Khare will lead the company’s Projects, Design, and Architecture functions, and report to Mr. Shwetank Singh. He will be based at the company’s corporate office in Mumbai.

A seasoned professional and an industry veteran with over three decades of experience in real estate and hospitality project development, Mr. Khare has held leadership positions through his professional journey, leading numerous large-scale projects from concept to execution across prestigious organisations. At CHL, he will be responsible for overseeing greenfield developments, property enhancements, and design optimization initiatives that align with the company’s strategic growth plans and sustainability objectives.

Dr. Sanjay Sethi, Managing Director & CEO of Chalet Hotels Limited, said “We are delighted to have Salil join us at a pivotal juncture of our expansion. His depth of experience in executing complex, high-value projects and his commitment to innovation and sustainability will significantly strengthen our project capabilities and help drive our long-term development pipeline.”

Mr. Salil Khare added, “I am excited to join Chalet Hotels, an organization known for its design-led, high-performance assets and future-ready approach. I look forward to working with the dynamic team to contribute meaningfully to its growth journey and help deliver landmark developments rooted in quality and sustainability.”

Mr. Khare’s appointment reaffirms Chalet Hotels’ commitment to operational excellence, quality execution, and value creation across its portfolio with his valuable contributions in shaping the company’s next phase of growth.

17th Hyderabad Jewellery Pearl & Gem Fair 2025 Opens, Igniting South India’s Jewellery Innovation and Global Trade Momentum

Hyderabad, 9 May, 2025: The 17th edition of the Hyderabad Jewellery Pearl & Gem Fair (HJF 2025), organized by Informa Markets in India, commenced today at Hall 4, HITEX, Hyderabad. The event lived up to its legacy of being South India’s most influential B2B jewellery trade platform, bringing together thousands of jewellers, designers, manufacturers, and retailers from across the country and abroad, with a strategic focus on wedding and festive season buying ahead of Diwali.

Anticipating to draw an impressive 8000+ trade visitors, HJF 2025 is presenting a dynamic platform that reflected the vibrancy and resilience of India’s gems and jewellery industry. With curated showcases from leading names and emerging talent alike, the exhibition is featuring innovative designs and new brand launches aligned with the latest global trends.

The prestigious lamp lighting ceremony was graced by eminent dignitaries including Karthik Reddy, National Media Panelist, Bharat Rashtra Samithi (BRS) , Mr. Varghese Alukka, Managing Director, Jos Alukka’s joined by key dignitaries – Mr. Avinash Gupta, Vice Chairman, GJC; Mr. Mahendra Tayal, President, HJMA; Mr. Mukesh Agarwal, Vice President, HJMA; Dr. Chetan Kumar Mehta, President, JAB; Mr. Kailash Charan, President, Twin Cities Jewellers Association, Mr. Jagdish Pershad Varma, President, Telangana Bullion, Gem & Jewellery Federation; Shri Parasmal Ranka, President, Telangana Pawn Broker Jewellers Association; Shri Ashok Shermal Jain, President, Pot Market Jewellers Association; Mr. Sumesh Wadhera, Managing Director, AOJ; Mr. Rajendra Jain, Managing Director, SVAR; Mr. Yogesh Mudras, Managing Director, Informa Markets in India; Ms. Pallavi Mehra, Senior Group Director, Informa Markets India in India and Mr. Pankaj Shende, Group Director, Informa Markets in India.

Supported by industry associations like the Hi-Tech City Jewellery Manufacturers Association (HJMA), Telangana Bullion Gems & Jewellers Federation (TBJA), for Telangana Pawn Brokers & Jewellers Association, Pot Market Jewellers Association the fair reaffirms its pivotal role in driving growth for the southern jewellery market and is a crucial sourcing platform for the wedding and festive season, with buyers from Telangana, Andhra Pradesh, Tamil Nadu, Kerala, and Maharashtra forming the core audience.

In a strong indicator of the fair’s growing international appeal, the hosted buyer programme is designed for more than 3,000 targeted B2B meetings, forging valuable partnerships and trade deals across domestic and international stakeholders.

“HJF 2025 is a landmark edition in every sense — from the volume of quality footfall to the diversity of exhibitors and the relevance of showcased products. It reaffirms India’s leadership in the global jewellery space and is highlighting our role as facilitators of industry growth. As the Indian gems and jewellery sector continues its trajectory towards USD 168.62 Billion by 2030, HJF 2025 stands as a testament to the industry’s adaptability, innovation, and collaborative spirit. This edition offers an immersive experience that combined business, design, heritage, and technology. We are proud to have created a platform that truly meets the evolving aspirations of the trade,” said Mr. Yogesh Mudras, Managing Director, Informa Markets in India.

The three-day fair not only fosters high-quality networking and business transactions but also celebrates the rich craftsmanship and forward-looking designs that define Indian jewellery today.

With record-breaking participation and industry-wide acclaim, the 17th edition has set a high benchmark for future fairs. HJF 2026 is already in planning, aiming to build on this momentum and continue shaping the future of India’s jewellery trade.

The fair’s most captivating attractions were – a special tribute to the rich heritage of Mumbai’s iconic Zaveri Bazar, adding cultural depth and diversity to the exhibition, Power of Young and Legends of South—an exclusive evening designed to celebrate the inspiring achievements of young jewellers in India’s gems and jewellery sector. Another major attraction is the Exclusive Showcase, which will present India’s largest and most distinctive jewellery design display, featuring specialised pavilions dedicated to Kundan, Jadav, Polki, Antique, Silver, Gemstones, Pearls, Technology, and Machinery. To further strengthen business outcomes, the fair will also include a Business Matchmaking Programme, facilitating curated face-to-face meetings with top-tier retailers and buyers across the value chain, supported by pre-event roadshows conducted in Hyderabad, Bangalore, Chennai, and Thrissur. Additionally, power packed conferences, workshops, panel discussions and knowledge-sharing sessions offered valuable insights into design trends, technology integration, and consumer behavior in a digital-first world.

Quote on National Technology Day by Pravir Dahiya – Chief Technology Officer at Tata Teleservices

By- Mr. Pravir Dahiya, Chief Technology Officer, Tata Teleservices

“On National Technology Day, we reaffirm our commitment to building a digitally resilient India. As enterprises accelerate their digital transformation journeys, the convergence of cloud, AI and intelligent networks is redefining how businesses operate, innovate, and connect with customers. At Tata Tele Business Services, we are bridging the gap between legacy systems and next-gen technologies—empowering businesses to scale scale smarter, innovate securely, and stay future-ready. Technology is not just a tool; it’s a catalyst for inclusive growth and we are proud to lead this shift with purpose, agility, and a customer-first mindset.”

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Vintage Coffee And Beverages Limited. Date: May 07, 2025 Financial results for the Fourth Quarter and Financial Year Ended March 31, 2025

Q4FY25 vs Q4FY24 (% in Crores)

During the Fourth-Quarter of FY25, the Company has achieved Revenue of 3 105.14 Crores and Operating Profit of X 18.36 Crores, reflecting growth of 148% and 195% respectively over the corresponding quarter of the last financial year. Profit after Tax for the quarter also increased to X 15.46 Crores, registering growth of 260% over the corresponding quarter of the last financial year.

FY25 vs FY24 (% in Crores)

During the Financial Year period ended FY25, the Company has achieved Revenue of X 308.52 Crores and Operating Profit of X 50.14 Crores, reflecting growth of 135% and 139% respectively over the corresponding last financial year. Profit after Tax for the FY25 increased to INR 40.15 Crores, registering growth of 235% over the corresponding last financial year

Mr. Balakrishna Tati, Chairman and Managing Director of Vintage Coffee & Beverages Ltd., commented on the results: “We are proud to deliver another strong quarter, closing FY25 with record revenues and profitability. This performance reflects the solid execution of our growth strategy, expansion of manufacturing capacity, and increasing acceptance of our brand in domestic and international markets. With new product innovations and enhanced distribution in the pipeline, we are confident to strive hard in sustaining this momentum going forward in FY26. The company has quickly ramped up production for additional 2000 MTPA capacity in just less than three months of commissioning.” 

The company remains committed to delivering value to shareholders while continuing to invest in quality, sustainability, and innovation across its product portfolio.