Author: Sutun Nayak

  • Resset Launches RERA-Approved Project ‘Evara’, An Uber-Luxury Residential Landmark in South Bopal

    Resset Launches RERA-Approved Project ‘Evara’, An Uber-Luxury Residential Landmark in South Bopal

    Ahmedabad (Gujarat) [India], November 29: Resset Group, one of Ahmedabad’s most trusted and quality-focused real estate developers, has begun construction of its much-anticipated luxury project, Evara, on Basant Bahar Road in South Bopal. The development is positioned to redefine high-end residential living in Ahmedabad’s western corridor, combining architectural excellence with enduring value.

    A Prime Address on Basant Bahar Road

    Known for its calm, tree-lined avenues and refined residences, Basant Bahar Road has become one of Ahmedabad’s most desirable luxury residential zones. The stretch offers seamless access to S.G. Highway, the upcoming metro corridor, and several international schools, hospitals, and lifestyle hubs. It’s a location that blends exclusivity with everyday convenience — a balance that Evara by Resset captures with thoughtful precision.

    “Basant Bahar Road has always represented calm sophistication,” said a senior Resset Group spokesperson. “With Evara, we wanted to create a development that resonates with the same understated elegance the area is known for.”

    Evara – Crafted with Vision and Precision

    Evara is envisioned as a collection of bespoke residences that emphasize space, light, and privacy. The project offers large-format 4 BHK homes ranging from 4,780 sq. ft. to 8,700 sq. ft., each planned to provide an open, airy, and luxurious feel. The main building welcomes residents with a grand double-heighted entrance foyer, setting a tone of arrival and grandeur. Inside, every home features distinct formal and family living spaces, designed to enhance both privacy and togetherness.

    The architectural concept is helmed by PDC Architects, an award-winning Ahmedabad-based design studio led by Prashant Paradava. This collaboration unites Resset’s construction excellence with PDC’s contemporary design sensibility, creating what is expected to become one of South Bopal’s most iconic residential landmarks.

    Luxury Rooted in Detail

    From grand double-height living areas and expansive decks to advanced home automation systems and sustainable building practices, Evara exemplifies modern luxury crafted with purpose. The clubhouse, landscaped podium, and façade design reflect timeless aesthetics while integrating functional innovation — blending artistry with everyday practicality.

    “Evara is not just about creating another residential tower,” the spokesperson added. “It’s about shaping a landmark that stands for refined living, craftsmanship, and long-term value.”

    A Developer Known for Trust and Delivery

    Resset Group has earned a strong reputation across Ahmedabad’s real estate landscape for its transparency, timely delivery, and design integrity. The company’s diverse portfolio includes developments ranging from affordable premium homes starting at ₹45 lakh to ultra-luxury residences above ₹5 crore.

    In South Bopal, Resset’s Good Earth project has already garnered praise for its thoughtful master planning and community-centric design. With Evara, the brand now enters a new segment — addressing the growing demand for luxury apartments in Ahmedabad that combine elegance, scale, and sustainability.

    Proven Growth and Investor Confidence

    Beyond residential projects, Resset has consistently delivered strong appreciation for investors and land partners. Properties developed by the group between 2020 and 2024 have witnessed value growth of up to three times, driven by Ahmedabad’s ongoing infrastructure boom, including S.P. Ring Road upgrades and the proposed Olympic City 2036 corridor.

    This consistent performance reinforces Resset’s position as a developer that builds not only premium homes but also long-term financial value.

    Looking Ahead

    Evara brings together a curated team of experts from architecture, structural design, landscape, and interiors — all aligned to create a project that balances luxury with sustainability. The development emphasizes low-density planning, energy-efficient materials, and modern amenities, making it both aspirational and responsible.

    “Evara represents our belief that luxury today must also be sustainable,” the spokesperson noted. “We see this as a project that will stand the test of time — in both design and value.”

    About Resset Group

    Headquartered in Ahmedabad, Resset Group has established itself as a name synonymous with quality, innovation, and integrity. With completed and ongoing developments across South Bopal, Shela, and Western Ahmedabad, the company continues to shape the city’s skyline with a focus on livability and long-term value. The group’s guiding philosophy — “Building with Integrity, Living with Pride” — remains central to every project it undertakes.

    Evara by Resset — A New Chapter in Ahmedabad’s Story of Luxury Living.
    RERA No.: MAA15291/020625/311228
    Website: www.resset.in/evara

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  • Parul University Successfully Hosts the 3rd Edition of Its International Folklore Festival, Uniting 30 Nations in a Powerful Celebration of Global Harmony

    Parul University Successfully Hosts the 3rd Edition of Its International Folklore Festival, Uniting 30 Nations in a Powerful Celebration of Global Harmony

    Vadodara (Gujarat) [India], November 29: Parul University brought together 30 nations in the 3rd Edition of PU’s International Folklore Festival in another step towards the University’s vision of international cultural understanding. Following the timeless mantra “Vasudhaiva Kutumbakam”, this year’s International Folklore Festival once again brought the world together on one stage in cultural collaboration and celebration as one global family.

    This year, 600+ artists gathered from over 30 countries. Delegations from India, Lithuania, Poland, Nepal, South Korea, Slovakia, Greece, Russia, Cuba, Sri Lanka, Spain, Ecuador, Algeria, Malaysia, Kyrgyzstan, Kazakhstan, Karakalpakstan, Ethiopia, Lesotho, Madagascar, Tanzania, South Sudan, Zambia, Mozambique, Bhutan, Zimbabwe, Myanmar, Bangladesh, Uganda, and Ghana filled the campus with their own rhythm, colour, and heritage as each group brought their unique identity, composing a living mosaic of traditions, stories, and art forms from across continents.

    The grand inauguration of the festival was held on November 25 at the Statue of Unity. Artists from all across the globe gathered to recite the Oath of Global Unity and Peace with the backdrop of the World’s Largest statue. The moment served as a tribute to Sardar Vallabhai Patel and represented the festival’s common purpose of togetherness, mutual respect, and a wish for a better world. Over the course of the five days, the Parul University campus evolved into a colourful cultural footprint. Folk songs, cultural rituals, and colourful dances presented uniquely represented by every nation left the audience mesmerized and in awe. The diverse cultures found common ground at the festival through the universal language of art.

    Smt. Meenakshi Lekhi, Hon’ble Former Minister of State for External Affairs & Culture, Government of India, shared, “Marking Sardar Vallabhbhai Patel’s 150th birth anniversary with a global cultural celebration is truly meaningful. His legacy teaches us that when people stand together, their strength multiplies. Such festivals make us remember that art can break down barriers and reaffirm our sense of identity.” Speaking on the same, Dr Darshana Vasava, MLA, Nandod, Narmada, commented, “Every performance here is not only art, but also a piece of history, a voice of tradition, and a bridge between nations. Uniting the world at the same stage is not only a happening, but it is a culture we are proud to support.”

    Commenting on this successful edition, Dr Devanshu Patel, President, Parul University, stated:  “This festival once again reminded us that when cultures come together, the world becomes just a little bit more connected, and just a little bit more compassionate. Each artist who performed here brought not just their talent, but also their heritage, their pride, and a sense of unity. We thank every nation present for making this celebration more meaningful.”

    This year’s International Folklore Festival will be remembered for not only its performances but also for the warmth it created between nations, between communities, and between every individual who experienced it. Following the conclusion of its third edition on a high note, Parul University continues its commitment to promoting global cultural dialogue and celebrating diversity through the arts.

  • SMART Introduces India-Manufactured Interactive Panels Designed on Universal Design for Learning Principles to Support Inclusive Classrooms

    SMART Introduces India-Manufactured Interactive Panels Designed on Universal Design for Learning Principles to Support Inclusive Classrooms

    Mumbai (Maharashtra) [India], November 29: SMART Technologies has introduced India-manufactured interactive panels designed using Universal Design for Learning (UDL) principles, aimed at supporting neurodiverse learners and students with special learning needs within mainstream classrooms.

    Universal Design for Learning is an educational framework that enables multiple ways for students to access, engage with, and express learning. By embedding accessibility and flexibility into the design of classroom technology, UDL helps reduce participation barriers for learners with diverse cognitive, physical, and communication needs.

    SMART’s India-made interactive panels integrate features that support inclusive classrooms, including multi-user touch and collaboration, adjustable visual settings, digital annotation tools, non-verbal expression support, and integration with assistive technologies. These capabilities help educators adapt lesson delivery for different learning styles within a single classroom environment.

    The inclusive design approach is aligned with the broader vision of India’s National Education Policy 2020, which emphasises equitable access, learner-centric pedagogy, and the use of technology to support diverse learning needs.

    “Universal Design for Learning allows teachers to move beyond one-size-fits-all instruction and create classrooms where students can engage with content in ways that work best for them,” said Anshul Srivastav, Country Head, India, SMART Technologies. “By manufacturing these solutions in India, we are working to make inclusive classroom infrastructure more accessible to schools across the country.”

    SMART

    SMART’s inclusive education approach is supported by global research initiatives. Through a dedicated research collaboration with the University of Melbourne, the company is contributing to global studies on how universally designed education technologies can help reduce barriers to participation in mainstream classrooms.

    “Across global education systems, there is growing recognition that inclusivity must be built into classroom infrastructure from the start,” said Toke Tangkjaer, Chief Revenue Officer, SMART Technologies. “Our focus is on enabling learning environments that are flexible, accessible, and supportive of every learner.”

    With its India-based manufacturing footprint, SMART is making inclusive digital classroom infrastructure available to schools and institutions through its interactive display systems designed for long-term use.

    About SMART Technologies

    SMART Technologies is a pioneering force in the development of interactive technology solutions. Renowned for SMART Board® interactive displays and comprehensive software offerings, the company is dedicated to creating engaging, inclusive, and collaborative learning and working environments. Since 1987, SMART has been creating connections that matter for users worldwide. With a focus on quality, innovation, and inclusion, SMART Technologies continues to drive advancements in education and business technology globally.

    To learn more, visit www.smarttech.com

  • PNY Announces Local RMA Setup in India for NVIDIA GeForce and NVIDIA Professional GPUs in Partnership with Repair & Return Technology Pvt. Ltd.

    PNY Announces Local RMA Setup in India for NVIDIA GeForce and NVIDIA Professional GPUs in Partnership with Repair & Return Technology Pvt. Ltd.

    New Delhi [India], November 29: PNY Technologies, a global supplier of components and storage solutions, is proud to announce the establishment of a local RMA (Return Merchandise Authorization) setup in India for its NVIDIA GeForce and NVIDIA Professional GPU products. This service will be managed through collaboration with Repair & Return Technology Pvt. Ltd. (R&R), ensuring that customers in India will now experience faster and more efficient RMA for their GPU warranty claims.

    With this new initiative, PNY aims to streamline the RMA process and reduce the turnaround time for customers, enabling them to avoid long waiting periods that are typically associated with international returns.

    Devanshu Bajpai, National Sales Manager for PNY India, “At PNY, we are committed to providing a seamless experience for our customers, and with this local RMA setup, we are ensuring that users of our NVIDIA GeForce and NVIDIA Professional GPUs in India no longer have to wait long periods for warranty servicing. By implementing this- we are significantly improving our response time, offering our customers faster resolutions, and enhancing overall satisfaction. We believe this is a key step in strengthening PNY’s commitment to the Indian market.”

    Mr. S. Sultan Ibrahim (Vice President) Repair & Return Technology (India) Pvt. Ltd., said:  “We are proud to partner with PNY in establishing the new RMA Center in India. PNY’s commitment to delivering world-class service aligns seamlessly with our dedication to diagnostics and customer support. This collaboration enables us to combine our technical expertise with PNY’s service vision, ensuring faster turnaround times and a more reliable, efficient support experience for customers across the country. We wish PNY continued success and look forward to a long and fruitful association with all involved.”

    Through this partnership with Repair & Return Technology Pvt. Ltd., PNY will ensure that Indian customers benefit from local handling of GPU warranty claims, simplified logistics, and a responsive support experience. This initiative reflects PNY’s ongoing investment in providing world-class service and support tailored to regional markets.

    About PNY Technologies

    Founded in 1985 in the United States, with a EMEA office in France, PNY celebrates over 35 years of success as a provider of electronic solutions for several high growth markets. As a long-standing leader in the field of memory, the company has further expanded its offer with storage products such as USB sticks, memory cards and SSDs. For over 20 years, PNY has fostered a special partnership with NVIDIA and supplies the latest GPU technologies for the embedded and gaming markets, as well as professional applications, which gives PNY a unique position in the market as the supplier of choice for all components.

    PNY helps to improve the creativity, productivity and performance of users. PNY’s technology partnerships are constantly evolving to stay up to date with the latest innovations.
    With facilities in the United States, Europe, Asia and the Middle East, PNY is able to provide its customers, all around the world, the power of a global supplier, as well as local technical, commercial and logistics expertise.

    Learn more on PNY: www.pny.com/en-eu

    About Repair & Return Technology Pvt. Ltd. (R&R)

    Repair & Return Technology Pvt. Ltd. is a third-party repair service provider that specializes in handling RMA processes for leading tech brands, ensuring efficient product returns and repairs. With a focus on customer satisfaction, R&R aims to offer timely solutions for warranty-related claims.

    For more information or inquiries about the local RMA process, customers can contact Repair & Return Technology Pvt. Ltd. directly at the details provided above.

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  • From Popular Realty TV Show to IPO — Ravelcare Charts Its Next Big Leap with BSE SME Listing

    From Popular Realty TV Show to IPO — Ravelcare Charts Its Next Big Leap with BSE SME Listing

    Shark Tank-featured haircare brand targets public markets

    Mumbai (Maharashtra) [India], November 29: Ravelcare Limited, a bootstrapped digital-first beauty and personal care (BPC) firm, known for customised haircare and skincare experiences in India, has announced its plan to launch an Initial Public Offering (IPO) on 1st December 2025, marking a milestone in its journey from a Popular Reality TV Show stage to India’s public markets. With a listing proposed on BSE SME, the company aims to raise capital through a Fresh Issue of up to 18,54,000 shares at an issue price of ₹130aggregating up to ₹24.10 Cr.

    A Journey Fueled by Purpose & Personal Care

    Ravelcare’s story began when founder Ayush Varma observed a recurring pattern among friends, family, and colleagues – hairfall, scalp sensitivity, dandruff, pigmentation, and the fatigue of trying generic “one-size-fits-all” products that rarely worked. These conversations revealed a deep consumer gap: India’s beauty market was crowded, but not personal.

    Motivated by this problem, Ayush envisioned “Ravel” — a name that symbolises both entangling and untangling reflecting the brand’s mission to simplify the overwhelming world of personal care through precision, personalisation, and science-backed formulations.

    Starting with limited resources, Ayush collaborated with expert formulation labs, chemists, and third-party manufacturers to design products built on real consumer data and clinical insights. What began as a personal mission slowly evolved into a brand loved across India.

    Appearance at Shark Tank India: The Defining Moment

    Ravel’s big break came when Ayush pitched the brand on Shark Tank India (Season 2). He asked for ₹75 lakh for a share of his business, laying out a vision of personalised haircare rooted in data, honest ingredients, and a digital-first distribution model. Investors across the panel were intrigued by the massive untapped opportunity: a growing number of consumers rejecting cookie-cutter personal care products.

    The episode cemented Ravel’s position in the D2C beauty ecosystem. Post-Shark Tank, Ravelcare saw a significant uptick in brand awareness, digital traffic, and customer engagement – the exposure proving to be a turning point in accelerating their vision.

    Ravelcare has established itself as a differentiated player in the beauty and personal care market through a Digital-First D2C ModelData-Driven FormulationPersonalisationScalable InfrastructurePan-India Reach & Global Ambition and Customer Loyalty.

    Mr. Ayush Varma, Managing Director, said:
    “From speaking to friends and family about their hair and skin concerns, to presenting Ravel on Shark Tank, this journey has always been about more than business – it’s about care, trust, and solving real problems. Today, as we move toward an IPO, we do so with a mission: to democratise high-quality, insight-driven beauty solutions for millions.”

    For the six months ended September 30, 2025, Ravelcare reported Revenue of ₹1,439.76 lakh and PAT of ₹319.59 lakh, while for the full Financial Year 2025, the company delivered Revenue of ₹2,497.89 lakh and PAT of ₹525.52 lakh.

    Incorporated in 2018 and headquartered in Maharashtra, Ravelcare Limited is a digital-first beauty and personal care brand focused on haircare, skincare, bodycare, and scalp care. The company is now on track to list on BSE SME, embarking on its next chapter of growth.

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  • Gustaakh Ishq — Old-World Romance With New-Age Scrutiny

    Gustaakh Ishq — Old-World Romance With New-Age Scrutiny

    Mumbai (Maharashtra) [India], November 29: There’s something almost rebellious in dusting off love letters, putting on your best sherwani, and whispering “ishq” in a world addicted to swipes, emojis and instant gratification. Gustaakh Ishq enters this fray with ambition, nostalgia and a battered heart — but it doesn’t arrive unscathed.

    Set in the textured, fog-lit alleys of Old Delhi and the quietly poetic bylanes of Punjab, this 2025 film asks: can love survive tradition, betrayal, and the cruelty of time?

    Gustaakh Ishq — What It Is

    Directed by Vibhu Puri (of Hawaizaada fame), produced by fashion-maestro-turned-producer Manish Malhotra under Stage5 Productions, Gustaakh Ishq stars Vijay Varma and Fatima Sana Shaikh as the romantic leads, with veteran Naseeruddin Shah and Sharib Hashmi in pivotal roles.

    The story is painted with poetic strokes. Vijay Varma plays Nawabuddin Saifuddin Rehman, a young, idealistic shayar (poet) who arrives at the home of a retired Urdu poet to learn the nuances of shayari. There, he meets Minni (Fatima Sana Shaikh), the poet’s daughter. What begins as shared verses and shy glances blossoms into deep affection, complicated by duty, honor, and unspoken truths.

    The film had its gala premiere at the 56th International Film Festival of India (IFFI) in Goa on 24 November 2025, before its theatrical release on 28 November.

    Under a 128-minute runtime, the makers aimed for a slow-burn romance — heavy on nostalgia, poetry,and  yearning. The music, composed by Vishal Bhardwaj (songs) and Hitesh Sonik (background score), adds a smoky, soulful layer.

    Gustaakh Ishq

    What’s Working — The Gentle Strengths

    • A Tribute to Old-School Romance: In an era of instant-love clichés and flashy bedroom dramas, Gustaakh Ishq dares to be patient. Its slow pace, Urdu poetry, delicate dialogues, and aesthetic sensibilities offer a rare respite. As one critic observed, when Naseeruddin Shah appears on screen, “the film lifts” — he anchors the emotion with gravitas.

    • Visual & Emotional Atmosphere: The recreations of old Delhi and its timeless charm — bazaars, fading facades, dusty lanes — are convincingly crafted. The world-building is immersive; for moments, you smell the damp air, hear the distant azaan, feel the weight of time. Many viewers say this nostalgic authenticity stays with you.

    • Music & Atmosphere Intact: Vishal Bhardwaj’s musical sensibility, aided by soulful lyrics, complements the old-world romance. Songs like Ul Jalool Ishq and background scores swirl around emotions, adding depth.

    • Braving Certification Storm — and Still Releasing: The film recently hit headlines because the board asked to change words like “harami” and “sex” — replacing them with milder terms like “kameena” and “aiyaashi.” No scenes were removed; only language was trimmed, and the film got a U/A certificate. For a romance rooted in realism and raw emotion, this restraint (or compromise) is significant.

    In short: Gustaakh Ishq feels like a hushed poem whispered in a noisy room — subtle, sincere, and almost too fragile for its own ambition.

    The Cracks Showing — Where the Romance Falters

    But auburn nostalgia and lush poetry cannot always mask structural flaws.

    • Too Much Sweetness, Not Enough Conflict: Critics argue that after the first half-hour, the film slips into comfort — the emotions remain soft, the stakes low. The central conflict lacks the weight to pull the slow-burning romance through its own lethargy. As one review bluntly put it: “Too much sweetness, even for lovers of old-school romance.”

    • Predictability Breeds Disappointment: When your most considerable tension is about a printing press and hesitant glances, predictability becomes the villain. Many audience members felt the climax and moral dilemmas were too easy to foresee — in a way that diminishes emotional impact.

    • Pacing Equals Patience — a Risky Gamble: For viewers accustomed to quick cuts, loud drama, and cinematic peaks, Gustaakh Ishq may drag. The slow pacing demands patience — an attitude rare in today’s streaming-spoiled generation.

    • Box Office’s Cold Mirror: For a film with glossy production and a strong cast, the opening day collection remains modest — reportedly around ₹0.50 crore. That’s hardly a blockbuster start, especially with competition and changing audience preferences.

    When you aim to seduce hearts with whispers, there’s always a danger of silence winning instead of sorrow.

    Gustaakh Ishq - PNN

    Industry Backdrop & Production Realities

    This film is more than romance — it’s a gamble. It marks the producer debut of Manish Malhotra under his banner Stage5 Productions.

    Shooting wrapped in March 2025, and the film saw its final form just before its IFFI premiere in Goa. The decision to delay release from 21 to 28 November 2025 was reportedly to avoid a clash with other major releases.

    After its theatrical run, the film is slated to stream on JioHotstar, which could give it a second life among home viewers seeking softer romance.

    The Duality of Romance & Reality: What Gustaakh Ishq Tells Us

    Gustaakh Ishq isn’t a film made for impulse. It’s a film that demands reflection.

    It asks viewers to lean in when the dialogue hovers like smoke, to breathe in when the camera lingers on a handwritten shayari, to feel the ache of quiet longing. It doesn’t offer dramatic explosions or loud heartbreaks — it offers subtle fissures inside the soul.

    Yet, in a world that consumes stories like soft drinks (fast, sugary, and disposable), such quiet heartbreak may not sell. The CBFC’s censorship demands, modest box office returns, and mixed critical reception highlight a hard truth: subtlety is expensive, both artistically and commercially.

    But for those willing to invest — emotionally, mentally — Gustaakh Ishq offers something rare: a longing that doesn’t need fireworks. A love that doesn’t scream. A pain that doesn’t brag.

    PNN Entertainment

  • “It Will Be Beautiful and Impressive”: Nikas Safronov Unveils International Art Series in India

    “It Will Be Beautiful and Impressive”: Nikas Safronov Unveils International Art Series in India

    New Delhi [India], November 28: This December, two inaugural exhibitions by People’s Artist of the Russian Federation Nikas Safronov will be staged in India with the support of Rosneft Oil Company. According to the artist, the project will be realised to a high technological standard and will serve as the starting point of a significant international exhibition program. In an interview with the Russian newspaper Vedomosti, Safronov discussed his creative inspirations, his attitude toward commercial success in art, and the use of artificial intelligence in painting.

    Safronov’s first Indian exhibition will run in New Delhi from 7 to 21 December, followed by a second in Mumbai from 25 December to 15 January. A total of 96 works will be exhibited; many are executed in the artist’s signature “Dream Vision” style, and ten were explicitly created for India. Safronov emphasised that the project was made possible thanks to support from Rosneft Oil Company. “The company funds many cultural initiatives and creates an important link between Russia and the world. Culture unites people best because it speaks a universal language — the language of positive emotion. I am glad to have become part of these significant and benevolent initiatives,” he said.

    For the artist, participation in the international project also carries personal and spiritual meaning: it fulfils a blessing from Pope Francis, who, shortly before his death in February 2025, encouraged Safronov to “build spiritual bridges — in the Vatican, across Europe, and around the world.”

    In the interview, Safronov recalled his meeting with Pope Francis: “I was deeply moved that he did not cancel our meeting despite his ill health. We met, and it became clear that the encounter mattered to him, too. I presented him with a spiritual painting — depicting the Basilica of San José de Flores, where he began his ministry in Buenos Aires.” He noted that the pontiff was well acquainted with Russian culture and wished for it to become better known worldwide.

    Preparing for the India exhibitions, Safronov said he immersed himself in the country’s cultural and historical context. “I studied images of Shiva and Brahma, the Taj Mahal, Varanasi, the landscape, architecture and various iconic sites. To capture the atmosphere, I carefully studied Roerich’s paintings to view India and Tibet through his eyes once more,” he explained.

    The Indian presentations will take place in two museums and will be staged using contemporary technologies. “The presentation will be serious, owing to Rosneft Oil Company’s involvement,” Safronov said. “There will be 15 distinct zones, multimedia projections, LED and volumetric screens, cutting-edge technologies using neuro-mirrors, animated ‘living’ paintings, and targeted spot lighting. Visitors will be able to approach the paintings and see them glow from within. In short, it will be beautiful and impressive.”

    Safronov spoke at length about the role of artificial intelligence in art. He stated that he does not oppose the technology itself ,but does not believe AI can replace a living artist: “Artificial intelligence can offer suggestions, but it cannot do the work for you. Nor can it invent something radically new in art — it is, after all, an algorithm that operates according to a template set by humans and uses the information loaded into it.”

    At the same time, he acknowledged that certain functions can be entrusted to neural networks. “AI can effectively convey your idea to the viewer, make a painting feel ‘alive,’ create something like a metaverse based on the work, and immerse someone in it through technology. It can reveal details of a piece that are not always visible to the naked eye on the original. Live art combined with VR and AR technologies is no longer the future — it is our present,” he said.

    Safronov also described his signature Dream Vision style, which made him widely recognizable: “It’s like the dream you see just before waking. When you wake up, you remember it for about fifteen minutes. The last impressions — half-blurred and already fading — transfer onto the canvas.”

    He explained that the sources of these images are varied: “A visit to misty Venice, Pompeii with its blurred frescoes, or a foggy morning in a Russian forest. It is a complex technique, but it is rooted in professionalism — in knowledge of perspective, draftsmanship, and color.”

    Asked about portraiture, Safronov stressed that the inner dimension of the subject is most important to him. “In a portrait — character, the psychology of the person. You must intuit their psychotype, feel and convey not so much their external appearance as their inner world.”

    Personal affinity for a model, he added, is not decisive. “If people choose you, you must treat them with respect as your audience. Social status does not matter here. I value everyone who comes simply to become acquainted with my work and those who already know me and commission pieces.”

    On his studio practice, Safronov said he works mainly on his own: “I don’t have assistants. There is a restorer and a framing workshop that stretches the canvases. I used to do everything myself. But there is no assistant who could replace me — it’s very difficult to teach someone to do and think the way you do.”

    The artist believes professional success is closely linked to recognition: “If an artist is well known, he is successful because people commission his work. Ninety per cent of creators were known in their lifetimes and thus left us a great legacy. If Van Dyck, Van Eyck, Bruegel, Bosch, Rembrandt, Velázquez, Caravaggio, Goya, Raphael, Michelangelo and Leonardo had not been recognised in their time and had not worked for patrons, we would not have inherited their masterpieces.”

    When asked about his expectations for the India exhibitions, he said he hopes they will attract a broad and diverse audience: “I hope the exhibitions will be successful and draw a variety of visitors — local residents, the creative intelligentsia, schoolchildren and businesspeople. We will hold talks and master classes and engage with students. And once again, thanks to Rosneft Oil Company for supporting and helping develop this project.”

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  • SEPC FZE, UAE arm of SEPC Wins ~ INR 85 Crore EPC Contract in UAE, Expanding Global Footprint

    SEPC FZE, UAE arm of SEPC Wins ~ INR 85 Crore EPC Contract in UAE, Expanding Global Footprint

    Chennai (Tamil Nadu) [India], November 28: SEPC Limited (NSE: SEPC | BSE: 532945), one of the leading Engineering, Procurement, and Construction (EPC) company with a diversified presence across Water & Municipal Services, Roads, Industrial Infrastructure, and Mining sectors, has secured an AED 35,000,000 (~85 crore) subcontract through its UAE arm, SEPC FZE, for a strategic energy infrastructure upgrade project in the United Arab Emirates.

    Awarded by Lauren Middle East Engineering Construction L.L.C., the contract involves the installation of a new Emergency Shutdown (ESD) system, Nitrogen Generation Unit, and advanced Public Address & General Alarm (PAGA) System at Mubarraz Island, under the Abu Dhabi Oil Company (ADOC) development framework.

    The project will run until December 2026, marking a significant expansion of SEPC’s energy and process-industry capabilities in the Middle East.

    Strengthening Global Execution Capabilities

    The scope includes mobilising specialised engineering teams, modifying piping and instrumentation systems, and integrating mission-critical safety systems essential to oil and gas operational continuity. Payment and deliverables will follow a milestone-based, back-to-back contractual alignment with ADOC requirements. As per the agreement, payment will start 60 days after submission of the approved Invoice with the Progress report.

    With this contract, SEPC further strengthens its growing international portfolio, complementing its strong presence across water treatment, road infrastructure, industrial EPC, and mining sectors in India.

    Commenting on the win, Mr Venkataramani Jaiganesh, Whole Time Director of SEPC Limited, said, “This contract demonstrates SEPC’s growing global credibility in executing high-complexity EPC assignments. The Middle East remains a high-potential region for us, and this order reinforces our strategy of transforming into a wider, more internationally anchored engineering organisation. We are committed to delivering this project safely, efficiently, and in line with ADOC’s stringent operational standards.”

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  • Neochem Bio Solutions Limited IPO Opens on December 2, 2025

    Neochem Bio Solutions Limited IPO Opens on December 2, 2025

    Mumbai (Maharashtra) [India], November 28: Neochem Bio Solutions Limited (‘the Company’, ‘Neochem’), a speciality performance chemical manufacturer, proposes to open its Initial Public Offering on Tuesday, December 2, 2025, to raise ₹ 44.97 Crore (at Upper Price Band). The equity shares are proposed to be listed on the NSE Emerge platform.

    The IPO is a fresh issue of 45,88,800 equity shares at a face value of ₹ 10 each, with a price band of ₹ 93 – ₹ 98 per share.

    Equity Share Allocation

    • Anchor Portion – 13,03,200 Equity Shares
    • Qualified Institutional Buyer – 8,71,200 Equity Shares
    • Non-Institutional Investors – 6,55,200 Equity Shares
    • Retail Individual Investors – 15,26,400 Equity Shares
    • Market Maker – 2,32,800 Equity Shares

    The net proceeds from the IPO will be utilised to fund the Company’s long-term working capital requirements, to repay or prepay, in whole or in part, certain outstanding borrowings, and for general corporate purposes.

    The Book Running Lead Manager of the Issue is Vivro Financial Services Private Limited. The Registrar to the Issue is MUFG Intime India Private Limited.

    Mr Swapnil Rameshbhai Makati, Managing Director of Neochem Bio Solutions Limited, expressed, “Neochem Bio Solutions is built on a strong foundation of diversified products, high-quality manufacturing capabilities, strong distribution, and customer relationships. With a focus on enhancing R&D, driving operational efficiencies, and optimising capacity utilisation, we are well-positioned for sustainable growth. This IPO will accelerate our strategic initiatives and enable us to create meaningful value for our customers, partners, and shareholders.”

    Mr Roshan Vaishnav, Director of Vivro Financial Services Private Limited, said, “We are pleased to be associated with Neochem Bio Solutions Limited for its IPO. The Company is a speciality performance chemicals manufacturer with a diversified portfolio serving industries such as Textile & Garment Washing, Home & Personal Care, Industrial Cleaners, Water Treatment, etc. With modern manufacturing facilities in Ahmedabad, advanced R&D capabilities, and an expanding domestic and international presence, Neochem has built a reputation for delivering high-quality and sustainable products. This IPO is an important milestone, supporting the Company’s plans to strengthen operations, scale production, and broaden its market reach”

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  • Latest Report on Indian Commercial Vehicle Market Being Saturated

    Latest Report on Indian Commercial Vehicle Market Being Saturated

    New Delhi [India], November 28: If you look at the total number of commercial vehicle (CV) units sold in the last three years, you can see the industry growth has been stagnant.

    • In FY 2022-23, 962,468 CVs were sold
    • In FY 2023-24, 968,770 CVs were sold
    • In FY 2024-25, 956,671 CVs were sold

    And these numbers raise a serious question: has the CV or truck industry been saturated, and is there no future growth?

    To counter these concerns, TruckOnWheels’ research team has some optimistic projections that the trucking industry in India still has a lot of growth opportunities to capitalise on. And this article aims to explore those growth factors.

    Commercial Vehicle Market Overview

    Commercial vehicles are divided into 3 main categories. Each category of vehicles plays a crucial role to meet specific demands. Before we dive further, we need to review the market performance of all three categories to understand the CV market.

    Vehicle Market

    Small Commercial Vehicles (SCV)

    Small Commercial Vehicles (SCVs) have emerged as the most rapidly growing category, particularly with the advent of electric SCVs. This segment typically includes pickup trucks, mini trucks, and small container vehicles, with payload capacities generally ranging from 500 to 1,200 kg.

    SCV units are sold almost double as compared to medium and heavy commercial vehicles, filling the gap between rural producers, urban markets, and consumer-end delivery.

    The increasing shift toward CNG and electric SCVs, which offer 25–40% lower running costs compared to diesel vehicles, promises an optimistic future growth ahead.

    Medium Commercial Vehicles (MCV)

    Medium Commercial Vehicles (MCVs) are usually used for FMCG distribution, building materials, manufacturing goods, and hub-to-spoke operations. This category typically includes trucks in the 7.5–16 tonne GVW range.

    In FY 2025, MCV retail sales increased to 77,568 units, marking a 6.05% YoY growth from FY 2024.

    Monthly retail sales also witnessed strong momentum, and similar upward trends were seen throughout the year, with MCVs registering a 19.78% YoY increase in October 2025.

    Heavy Commercial Vehicles (HCV)

    Heavy Commercial Vehicles (HCVs) constitute the largest and most capital-intensive segment of India’s CV industry. With a GVW typically above 16 tonnes, HCVs are designed for high payload capacity and long-distance operations.

    Recent trends have been mixed:

    • In October 2025, HCV retail sales were 27,685 units, a 76% decline YoY.
    • In August 2025, sales increased from 21,159 to 22,412, a 92% rise YoY.

    From a production standpoint, combined M&HCV production was largely flat:

    • FY 2024-25: 393,619 units
    • FY 2023-24: 393,463 units

    Market Growth Driving Factors in the CV Industry

    Over the last 3 years, the market growth in the commercial vehicle industry has been stagnant, so what are the factors that promise a 7.46% CAGR?

    Economic Growth:

    India’s economic growth is projected to increase by 6.7% annually. A substantial portion of this growth will be channelled into rural infrastructure development—creating an untapped market for CVs.

    E-commerce Expansion:

    India’s rapidly expanding e-commerce market is reshaping commercial vehicle demand.

    As online retail penetrates Tier 2, Tier 3 cities, and rural areas, the need for last-mile logistics is surging, boosting demand for Light Commercial Vehicles (LCVs).

    Government Support:

    The Indian government is actively shaping the CV sector via regulatory and financial measures.

    Policies like the Vehicle Scrappage Policy and PM E-DRIVE incentivise fleet owners to replace old vehicles with cleaner, new-generation CVs.

    Increasing Export Demand:

    India’s ambition to become a global manufacturing hub is increasing the requirement for HCVs. Rising export demand for high-horsepower, multi-axle vehicles for port logistics and container movement.

    How the Market Leaders Are Shaping the Trucking Industry

    The top 5 truck manufacturers hold approx 91% of the market share. They are the key drivers of change.

    Tata Motors — 32% Market Share

    • Tata Truck’s Deep market penetration
    • Strong SCV portfolio
    • Strategic demerger to focus entirely on the CV segment

    Mahindra & Mahindra — 28% Market Share

    • Strong presence in rural/semi-urban logistics
    • Expanding <3.5T LCV lineup along with iconic vehicles like Mahindra ZEO
    • Ambitious EV roadmap with a target of 1 million EVs by 2031

    Ashok Leyland — 18% Market Share

    • Strong in the HCV category
    • Aggressive EV expansion via Switch Mobility
    • Focus on modular platforms

    VE Commercial Vehicles (Volvo–Eicher) — ~8% Market Share

    • Emphasis on modern, fuel-efficient solutions
    • Leveraging Volvo’s global engineering
    • Expanding into SCV and EV categories

    BharatBenz (Daimler India) — 3.2% Market Share

    • High impact in the HCV segment
    • New leadership under Torsten Schmidt from 2026
    • Strong strategy aligning with global standards

    Conclusion

    Despite stagnation in total CV unit sales over the past three years, the TruckOnWheels research team projects a strong growth trajectory for India’s CV market. These projections stem from a holistic analysis of industry trends, performance metrics, and forward-looking indicators.

    Disclaimer: The figures and projections in this article are based on TruckOnWheels research and publicly available data. Market conditions may change, and this content should not be considered financial or business advice. Readers should verify information independently before making decisions.