Author: Sutun Nayak

  • NAREDCO Maharashtra announces HOMETHON Property Expo 2025 and unveils Mr. HOMETHON

    NAREDCO Maharashtra announces HOMETHON Property Expo 2025 and unveils Mr. HOMETHON

    Homethon Property Expo 2025

    Mumbai (Maharashtra) [India], September 22:  The National Real Estate Development Council (NAREDCO) Maharashtra has announced the fourth edition of India’s largest real estate property exhibition – HOMETHON Property Expo 2025. The three-day mega event will be held from September 26th to 28th, 2025, at the JIO World Convention Centre, BKC, Mumbai.

    This year’s edition promises to be bigger and more engaging, with the unveiling of a unique mascot – “Mr. HOMETHON”, who will represent the spirit of the event and its mission to make home-ownership dreams come true. The mascot will be at the heart of all branding and marketing activities, creating greater recall and engagement with homebuyers.

    With just a few days to go for the expo, over 50,000 homebuyers have already registered for HOMETHON 2025. The overwhelming response underscores the rising demand for quality housing and the trust that homebuyers place in NAREDCO Maharashtra’s efforts to bring credible developers and projects under one roof.

    “The Real Estate Forum 2025”, NAREDCO Maharashtra’s annual flagship event will coincide with the HOMETHON Property Expo 2025. Widely regarded as India’s largest real estate thought-leadership platform, the forum will bring together government authorities, industry leaders, policy-makers, innovators, and changemakers to deliberate on the future of real estate, infrastructure growth, and housing policies.

    The Real Estate Forum 2025 will witness prominent dignitaries – Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra; Shri Eknath Shinde, Hon’ble Deputy Chief Minister of Maharashtra; Shri Pratap Sarnaik, Hon’ble Maharashtra Transport Minister; Shri Bhushan Gagrani, Mumbai Municipal Commissioner; Dr. Sanjay Mukherjee (IAS), Metropolitan Commissioner, MMRDA; Shri Sanjeev Jaiswal (IAS), VP & CEO, MHADA amongst others. The event, themed ‘Reimagining Maharashtra: Global Alliances to Local Impact,’ will also feature sessions with top developers, financial institutions, technology players, and urban planning experts to address issues of sustainable growth, policy reforms, and the future of housing.

    Mr. Prashant Sharma, President, NAREDCO Maharashtra, said: “HOMETHON Property Expo has become synonymous with trust, transparency, and choice for homebuyers. With Mr. HOMETHON as our new brand mascot, we aim to make this year’s expo even more engaging and approachable for aspiring homeowners. The unprecedented number of registrations clearly reflects a robust demand environment, and we are proud to create a platform that brings homebuyers closer to their dream homes under one roof.”

    Mr. Rajan Bandelkar, Vice Chairman, NAREDCO, added: “Our objective with HOMETHON has always been to drive housing demand by connecting credible developers, buyers, and financial institutions. The fourth edition will feature over 1000 projects, exclusive buyer schemes, and financing support to make homeownership easier. With participation from key government authorities at the Real Estate Forum 2025, we expect to drive meaningful policy discussions that will shape the future of urban housing in Maharashtra.”

    The HOMETHON Property Expo 2025 will feature over 1,000 projects from leading developers across Maharashtra, offering options in both affordable and luxury housing segments. Homebuyers can expect incentives such as no-stamp duty or registration charges and also offer attractive home loan schemes from top housing finance companies.

    Prominent developers who are slated to participate in this event include Godrej Properties, Raymond Realty, Runwal Realty, Adani Realty, Sunteck Group, Dynamix Group, J P Infra Mumbai, Hiranandani Group, GHP, Chandak Realtors, K. Raheja Corp, Mahindra Lifespace Developers, Sugee Developers, Nahar Builders Ltd., and many others. Banks and Housing Finance Companies like SBI, Aditya Birla Housing Finance Ltd, ICICI Bank, IDBI, Tata Capital Ltd (TCHFL), among others, will help facilitate home loans at the event.

    The expo will include properties from across Mumbai and MMR, as well as Thane, Kalyan, Navi Mumbai, Panvel, Raigad, Mira Road, Vasai, Virar, etc. and also from Pune, Nashik and Nagpur, along with one international pavilion featuring overseas real estate investment opportunities.

    For the first time ever, NAREDCO Maharashtra will host a dedicated event for agents and channel partners – “The Realtors’ Conclave 2025.” This exclusive gathering is expected to bring together over 2,500 channel partners on the second day of the HOMETHON Property Expo 2025.

    This year’s edition is expected to draw record footfalls and generate strong housing demand across Maharashtra.

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  • Sustainability Convergence Summit & Awards 2025 Charts India’s Green Roadmap in Mumbai

    Sustainability Convergence Summit & Awards 2025 Charts India’s Green Roadmap in Mumbai

    Mumbai (Maharashtra) [India], September 22: The Sustainability Convergence Summit & Awards 2025, a landmark platform dedicated to advancing India’s green growth agenda, was successfully held at ITC Grand Central, Parel, Mumbai. Organised by Eternal Corporate Media under the leadership of its Managing Director and Chief Executive Officer, Alok Ranjan Tiwari, the summit brought together the nation’s most distinguished corporate leaders and sustainability advocates to chart India’s path toward becoming a developed and green nation.

    The Chief Guest for the evening, Jayant Sinha, Former Union Minister and President of Eversource Capital, delivered a keynote address highlighting the dual vision of Viksit Bharat (Developed India) and Harit Bharat (Green India). He emphasised that sustainable growth must remain central to India’s developmental journey and announced the formation of a high-level Sustainability Task Force comprising eminent industry leaders to advise the Government of India on sustainable policies.

    Guests of Honour included Nadir Godrej, Chairman and Managing Director of Godrej Industries Group, and Pradip Shah, Non-Executive Chairman of Pfizer Limited and BASF India Limited, and Co-Founder of GrowTrees.com. Both leaders shared powerful perspectives on sustainability, with Mr. Godrej presenting a thought-provoking poem underscoring the importance of health, education, and environment, and Mr. Shah highlighting the nationwide tree plantation and water conservation efforts driven by GrowTrees.com.

    Sustainability

    The summit also celebrated outstanding corporate leadership in sustainability through its awards segment. Nadir Godrej was presented with the Lifetime Sustainability Leadership Award, Motilal Oswal, Chief Executive Officer and Co-Founder of Motilal Oswal Group, received the Lifetime Social Stewardship Award, Radha Goenka, Director of RPG Foundation, was honoured with the Transformative Leadership Award in Community Upliftment, Pradip Shah was recognised with the Lifetime Impact Award for Environmental Stewardship, and Mayank Gandhi, Founder and Chairman of Global Vikas Trust, received the Transformative Leadership Award in Community Upliftment.

    The event was co-hosted by Shailesh Haribhakti, one of India’s most respected governance and sustainability leaders, who delivered the opening remarks. Haribhakti, who serves as Non-Executive Chairman and Independent Director on several leading corporate boards, urged businesses to recognize that climate change is an immediate business risk and not a distant concern. He cautioned that rising global temperatures could severely erode profitability across sectors, while also pointing out that artificial intelligence and sustainability must converge to drive future-ready enterprises. His thought leadership set the tone for the summit, reinforcing the message that “sustainability is not a choice, it is a compulsion for survival and growth.”

    Another highlight of the summit was the special address and presentation by Pooja Bajaj, Executive Director (CSR & ESG), Bajaj Electricals Limited, who shared Bajaj Electricals’ initiatives in the ESG and sustainability space. She outlined the company’s holistic approach to responsible business, explaining how Bajaj Electricals has integrated environmental stewardship, community development, and corporate governance into its long-term growth strategy. Her presentation was appreciated for demonstrating how Indian companies can successfully align profitability with purpose.

    Amisha Vora, Chairperson and Managing Director of PL Capital Group, delivered a keynote speech stressing that India’s aspiration to become a $10 trillion economy by 2030 must be rooted in sustainable growth. She thanked both Shailesh Haribhakti and Alok Ranjan Tiwari for creating a collaborative platform that unites policy, business, and sustainability.

    In his welcome address, Alok Ranjan Tiwari described the summit as a collective effort to advance India’s green growth story. “Sustainability is no longer a choice, it is the future,” he remarked, urging corporates and policymakers to integrate climate action and inclusive development into every aspect of their work.

    The summit featured two high-level panel discussions. The first, “Viksit Bharat – Navigating through Green Transition”, was moderated by Avanne Dubash, Consultant Anchor with ET Now, and included Suresh Manglani, Chief Executive Officer and Executive Director of Adani Total Gas Limited; Alok Aggarwal, Managing Director and Chief Executive Officer of Brookfield Properties; Arvind Bansal, Chief Executive Officer and Executive Director of Continuum Green Energy Limited; Ishver Dholakiya, Founder and Managing Director of Goldi Solar Private Limited; Purvi Sheth, Chief Executive Officer of Shilputsi Consultants; and Jyoti Prakash Gadia, Managing Director of Resurgent India Limited.

    The second panel, “Financing India’s Green Transition”, was moderated by Amisha Vora and featured A. Balasubramanian, Managing Director and Chief Executive Officer of Aditya Birla Sun Life Mutual Fund; Saurabh Nanavati, Chief Executive Officer of Invesco Mutual Fund; Anthony Heredia, Managing Director and Chief Executive Officer of Mahindra Manulife Mutual Fund; Shachindra Nath, Founder and Managing Director of UGRO Capital Limited; and Kamala K, Chief Regulatory Officer of BSE Limited. The discussions underscored the urgent need for innovative financial frameworks, international capital inflows, and policy support to drive India’s sustainable growth.

    The event culminated with the release of a White Paper on Climate Change by Deepshikha Lalchand, Head of ESG Solutions & Delivery at GovEva, which outlined the direct economic impact of climate change on Indian businesses and urged corporates to adopt integrated sustainability frameworks.

    The summit concluded with a vote of thanks delivered by Kripa Shankar Tiwari, Chairman of Eternal Corporate Media Pvt. Ltd., followed by a networking dinner. The Sustainability Convergence Summit & Awards 2025 emerged as a landmark event that not only honoured leaders driving India’s sustainability agenda but also set the stage for building a nation that is both developed and green.

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  • Ravindra Chamaria Receives Honorary Doctorate from ASBM

    Ravindra Chamaria Receives Honorary Doctorate from ASBM

    New Delhi [India], September 22: Ravindra Chamaria, Chairman and Managing Director of the Infinity Group, was recently awarded an Honorary Doctor of Philosophy (PhD) in Management by ASBM University at its 5th Convocation held on the university campus.

    The recognition was given for his notable contribution to entrepreneurship, institution-building, philanthropy, and business leadership. Under his guidance, Infinity Group played a key role in developing the IT infrastructure in Kolkata’s Salt Lake Sector V, positioning it as a major technology hub in eastern India.

    Chamaria also spearheaded Krishna Bhumi in Vrindavan, a residential township built around what will be the tallest Krishna temple in the world. He has been actively associated with social initiatives, including the Akshaya Patra Foundation, The Jaipur Foot, Udayan Care, Round Table India, Vidya Bharati, Ramakrishna Mission, and Jagriti Dham Senior Living.

    Ravindra

    Expressing gratitude, Chamaria said, “I am humbled by this honour from ASBM University. This recognition belongs to the Infinity family, whose efforts have made the journey meaningful. I dedicate it to building institutions that serve society while striving for business excellence.”

    ASBM University, established in 2019 by the Odisha Government and rooted in the Asian School of Business Management (founded 2006), has earned recognition in India and abroad. 

    The ceremony was attended by Justice Bidyut Ranjan Sarangi, member of the National Human Rights Commission and former Chief Justice of Jharkhand High Court, as the chief guest, and Subhransu Sekhar Acharya, Chairman & Managing Director of National Small Industries Corporation Ltd, as the guest of honour. The convocation was presided over by Biswajeet Pattanayak, Founder and President of the University.

    The convocation was also attended by academicians, students, and leaders from diverse fields, making it a landmark event for the institution.

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  • Dietitian Natasha Mohan: The Catalyst for Ananya’s PCOD Recovery

    Dietitian Natasha Mohan: The Catalyst for Ananya’s PCOD Recovery

    New Delhi [India], September 22: At 23, Ananya should have been enjoying the best years of her life. But instead, she found herself stuck in a cycle of confusion, frustration, and hopelessness.

    It began subtly—her periods became irregular. She brushed it off as stress. But soon, the symptoms escalated: unexpected weight gain, persistent acne, excessive hair fall, mood swings, and constant fatigue. A visit to the doctor confirmed the diagnosis: PCOD (Polycystic Ovarian Disease). While it was a relief to finally have a name for what she was experiencing, it came with a heavy burden—no real solution in sight.

    She tried everything—prescription medications that offered temporary relief, random internet diet plans, intense gym sessions that left her drained. Every attempt ended in disappointment. Her self-esteem plummeted. She stopped going out, withdrew from friends, and began to lose touch with the vibrant person she once was.

    One sleepless night, while desperately searching for answers online, Ananya stumbled upon a YouTube video titled:

    “PCOD/PCOS Diet Plan”

    The thumbnail featured a warm, confident woman speaking directly to the camera. Something about her journey fighting against PCOD challenges and achieving success which she felt genuine and trustworthy. Ananya clicked play.

    That single click would change her life.

    https://youtube.com/playlist?list=PLto_MiVC4ZzWfLCbuMlx4u5vo-Wrcx1d3&si=BIB1YwJn86lzjA-T

    A Beacon of Hope: Natasha Mohan’s Holistic Healing Approach

    Dietitian Natasha Mohan is one of India’s most respected and trusted names in therapeutic nutrition. With over 2.2 million YouTube subscribers on her flagship channel, Food Vs Health Hindi TV, and a combined following of over 4 million across platforms, she is a guiding light for those struggling with lifestyle disorders.

    But unlike countless others, Natasha doesn’t promote crash diets or quick fixes. Her philosophy is simple yet profound: heal the body from within.

    In the video, Natasha explained PCOD in a way that was both science-backed and empathetic. She emphasized that PCOD wasn’t a life sentence—it was the body’s way of signaling imbalance. What truly stood out to Ananya was Natasha’s holistic approach—something most mainstream treatments fail to offer.

    A Personalized Plan—and a Support System Like No Other

    Ananya booked her consultation without hesitation. From the very first session, she experienced something different. Natasha and her team didn’t just look at her symptoms—they looked at her.

    She was supported by a dedicated panel of expert doctors, certified dietitians, and trained health counsellors who collaborated to create a personalized therapeutic diet and lifestyle plan tailored to her hormonal profile, lifestyle, emotional well-being, and goals.

    No starvation, no extreme restrictions, and no hours in the kitchen. Just balanced, sustainable, and enjoyable nutrition.

    And the results followed—gradually, then dramatically:

    Her periods became regular.

    Her skin cleared up.

    She began losing weight naturally.

    Energy and mental clarity returned.

    Her confidence skyrocketed.

    But most importantly, she felt in control again.

    Beyond Food: Healing Mind, Body, and Spirit

    What sets Natasha apart is not just her expertise, but her holistic, 360-degree approach to wellness—something rarely found elsewhere. Her method goes beyond food:

    Stress management techniques

    Emotional wellness tools

    Daily motivation through videos, group calls, and lifestyle sessions

    Meditation, journaling, and mindfulness practices

    Ananya began integrating all of these into her life. It wasn’t always easy—there were challenging days. But she never felt alone. Natasha and her team were always just a message or call away.

    The Transformation: Inside and Out

    Months later, Ananya looked in the mirror and smiled—genuinely, confidently. The girl who once felt lost had reclaimed her health, her joy, and her future. She had naturally reversed her PCOD. And in doing so, she found a mission—to inspire others just like her.

    She often says:

    “If I hadn’t found Natasha ma’am’s video that night, I don’t know where I’d be today.”

    Today, Ananya actively shares her journey online, encouraging young women not to give up hope. Because with the right support and the right guide, healing isn’t just possible—it’s inevitable.

    Join the Movement—Start Your Transformation Today

    If you, like Ananya, are struggling with PCOD, thyroid issues, diabetes, cholesterol, high blood pressure, or any lifestyle disorder—know that you are not alone. And you don’t have to do it alone.

     For consultation Visit: www.natashamohan.com
     Follow Natasha on Instagram : @dt.natashamohan

    To empower you to heal your body naturally—and for life.

    Disclaimer: This article is for general information purposes only and should not be construed as professional medical advice. Always consult your doctor before taking any step.

  • Introducing Hafele’s Classical Digital Lock – Where Timeless Elegance Meets Security

    Introducing Hafele’s Classical Digital Lock – Where Timeless Elegance Meets Security

    New Delhi [India], September 22: Hafele introduces the Classical Digital Lock, an exquisite fusion of heritage-inspired design and cutting-edge technology, redefining the very concept of home security. Created for those who value the sophistication of tradition yet demand the intelligence of modern innovation, this lock transforms your entrance into a statement of enduring elegance.

    The Hafele’s Classical Digital Lock draws its strength from a robust king-size mortise system, equipped with 3 deadbolts, 1 privacy lock bolt, 2 hook bolts, and 1 latch, delivering uncompromising, rock-solid protection. This traditional mechanical strength is elevated by a suite of advanced digital access solutions, from PIN codes, RFID cards, and fingerprint recognition to key-fob remote control and smart, remote access via the Hafele Smart Living Mobile App.

    A distinctive slider panel on the outdoor unit enhances both aesthetics and security. When lifted, it reveals the keypad, fingerprint scanner, and RFID card reader; when closed, it returns seamlessly to its original position after the door shuts. The precision-engineered mechanics ensure smooth manual unlocking, making operation effortless.

    The Classical Digital Lock can also integrate with existing video door phones, allowing homeowners to receive live visitor calls directly through the Hafele Smart Living Mobile App, a feature designed to bring convenience and control quite literally to your fingertips.

    Classical_Lock-pnn

    With its antique charm, uncompromising build, and advanced technology, Hafele’s Classical Digital Lock is more than just a security device; it is a statement of luxury, brilliance, and strength in every detail.

    Log onto hafeleindia.com/en/info to find the nearest

    Hafele showroom or design centre.

    Customer Care Toll Free: 1800 266 6667

    Customer Care WhatsApp: +91 97691 11122

    Customer Care Email ID:customercare@hafeleindia.com

    Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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  • Miles Education: Demystifying CPA Course Fees for Ambitious Accountants Turning Your Investment into a Lifetime of Global Returns

    Miles Education: Demystifying CPA Course Fees for Ambitious Accountants Turning Your Investment into a Lifetime of Global Returns

    Bengaluru (Karnataka) [India], September 22: In the world of accounting, the Certified Public Accountant (CPA) credential is more than a title—it’s a ticket to global recognition, premium salaries, and cross-border career mobility. Yet one of the most common questions for aspiring professionals is: What does it cost to become a CPA? With Miles Education, India’s No.1 CPA institute, understanding the real value of your investment becomes clear, thanks to transparent guidance on CPA Course Fees and the assurance of strong career outcomes.

    CPA Fees in India: Understanding the Numbers

    When planning your journey, the first figure to know is the total CPA Fees in India. The cost is typically divided into three phases.

    Phase I: Training & Resources – This includes comprehensive coaching, exam-aligned study materials, mock exams, and mentorship.

    Phase II: Evaluation & First Exam – Payable to U.S. agencies or state boards, this stage covers transcript evaluation and registration for the initial section.

    Phase III: Remaining Exams & International Fees – Covers the balance of exam payments, often including small foreign currency markups and international testing surcharges.

    Though expenses vary depending on state boards and exchange rates, Miles Education simplifies the process by recommending the most cost-efficient options while ensuring quality at every step.

    Miles Education CPA Fees: Worth Every Rupee

    The Miles Education CPA Fees aren’t just about lectures or books—they represent access to a complete ecosystem. Students receive personalized mentoring, live and recorded sessions, official McGraw-Hill materials, simulations, and three years of free access to the Miles Masterclass for CPE credits post-licensure.

    More importantly, the return is undeniable. Most Miles alumni recover their CPA course fees in India within six to twelve months of landing their first CPA role, thanks to the significant salary uplift and international exposure the qualification commands.

    US CPA Course Fees: A Global Perspective

    For those comparing costs worldwide, US CPA Course Fees include training expenses, evaluation charges, exam registration, and licensing. On average, candidates invest around $3,000–$4,000 in exam-related fees, with training and support varying by provider. Miles integrates all these components into a single pathway, giving students clarity from day one.

    Even after accounting for these amounts, the value is compelling. CPAs in India average ₹10–20 LPA, while U.S.-based professionals earn $70,000–$130,000+ annually. Few qualifications offer such a rapid, measurable return on investment.

    CPA Exam Cost: Breaking It Down

    A closer look at the CPA Exam Cost reveals four key components:

    • Application Fees – One-time charges when submitting eligibility documents.
    • Evaluation Fees – Paid to agencies reviewing international transcripts.
    • Exam Fees per Section – Payable to NASBA or state boards (typically $250–$300 per part).
    • International Testing Fees – For candidates writing exams outside the U.S.

    Miles Education helps candidates schedule payments strategically to avoid delays or unnecessary charges, making the financial planning as seamless as the study process.

     

    Why Miles Education Is India’s No.1 CPA Institute

    Fees matter, but value matters more—and Miles leads here too. Over 80% of CPAs in India are Miles alumni, reflecting the institute’s mastery in helping aspirants succeed. Students learn directly from Varun Jain, CPA, CMA, Harvard Business School alumnus, whose dynamic sessions blend technical precision with real-world insights, ensuring every rupee spent supports both exam success and professional readiness.

    Miles also offers a hiring network of 220+ MNCs in India and 350+ firms in the U.S., giving students instant access to opportunities that justify their investment.

    The Miles U.S. Pathway: Maximizing Your ROI

    What makes Miles truly unique is its Miles U.S. Pathway, a complete roadmap guiding students from CPA Admission to global placements. This pathway ensures no money is wasted on redundant attempts or unclear processes. From eligibility evaluation to licensing support, it gives students a cost-effective, step-by-step approach to earning their credential and securing lucrative roles worldwide.

    By combining exam preparation with career strategy, the Miles U.S. Pathway proves that CPA Course Fees are not an expense but a foundation for extraordinary returns.

    Mr. Varun Jain on the Value of Investing Wisely

    “Every rupee you spend on your CPA journey should bring tenfold returns,” says Mr. Varun Jain, CEO of Miles Education. “At Miles, we design every element—from training to placements—so that candidates get clarity, confidence, and career growth. Our focus is not just on clearing exams but on making the CPA an investment that pays for itself.”

    Investing Today for Tomorrow’s Success

    Becoming a CPA is one of the smartest financial decisions an accounting professional can make. With transparent CPA Admission guidance, competitive fees, and unmatched mentorship, Miles Education turns ambition into global achievement.

    For those ready to invest in themselves, the combination of clear fee structures, premium teaching, and international placements ensures the journey is worth every rupee and dollar.

    Miles Education: Redefining how accountants see value—transforming CPA fees into global opportunity.

    Contact: +91 90049 34566
    Website: www.mileseducation.com

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  • Indian Oil Dividends Russia: 7 Key Facts About $1.4 Billion Stranded Crisis

    Indian Oil Dividends Russia: 7 Key Facts About $1.4 Billion Stranded Crisis

    The Indian government-owned oil companies are struggling with a financial crisis never experienced before, which has seen dividend income of 1.4 billion stuck in the Russian bank accounts for over three years. The nature of this crisis is the Western sanctions that have been imposed in the wake of the invasion of Ukraine by Russia in February 2022, which have posed complicated repatriation challenges to leading Indian energy companies.

    The stagnant funds indicate the dividends of the huge Indian investments in the Russian oil and gas projects, and amount to over 6 billion of the cumulative investments. These are some of the strategic purchases that make an essential part of the energy security system in India, as the country depends on oil supply to a large extent to satisfy its national energy needs.

    Major Indian Companies Affected by the Crisis

    ONGC Videsh (OVL), which is the foreign investment unit of Oil and Natural Gas Corporation, has had considerable investments in the Russian energy projects. The company has a 20-per-cent interest in the Sakhalin-1 project as well as 26 per cent interest in the Vankor project, and the company has about 400 million dollars in the stranded dividend income.

    An even greater challenge is faced by a consortium of Indian oil corporations (IOC), Oil India (OIL) and Bharat Petroresources (BPRL). This block of shareholders jointly owns a 23.9 per cent stake in Vankor, a 29.9 per cent stake in the Taas-Yuryakh project, and a substantial amount of trapped dividends of about $1 billion, estimated by the industry.

    Dividend payments keep coming in on a regular basis using Russian assets, but accessibility is not possible as a result of banking restrictions imposed by sanctions. All payments of Indian oil dividends to Russia have been deposited in Commercial Indo Bank, Moscow, an affiliate of the State Bank of India, and deposits have been made in rubles.

    Russia

    Banking and Payment System Restrictions

    The main barrier is the fact that Russia is not a member of the SWIFT international financial messaging system. After the invasion of Ukraine, several large banks of Russia were deprived of SWIFT access, which dramatically restricted the contact of Russia with the global payment systems. This is a technological obstacle that renders the transfer of funds virtually impossible.

    Russia also introduced limits to dollar repatriation in a bid to stabilise the foreign exchange markets, and this made the issue of repatriation even more complicated. These domestic policies of Russia reinforce the regime of the international sanctions, and provide numerous regulatory obstacles.

    Jurisdictional Complications Add Complexity

    The international jurisdiction problem also makes matters more complex in terms of solutions. Most of the Indian investments in Russian energy assets make use of special purpose vehicles (SPVs) that are incorporated in offshore business locations such as Singapore. The structure implies that any transaction that involves these funds should be in compliance with the laws of not only Indian and Russian jurisdictions.

    As one industry analyst observed, “The existence of overseas SPVs puts a web of regulatory demands so that simple bilateral solutions are virtually impossible using the existing regime of sanctions.

    Limited Options for Fund Utilization

    As the repatriation of money to India is still prohibited, companies have been learning to use the trapped capital in Russia in alternative ways. Nevertheless, the possibilities are extremely limited and mostly unrealistic to apply in the present working conditions.

    One theoretical option includes the Russian operational payment using funds, whereas the other option implies capital expenditure to fund the current projects. Both are not viable solutions, since dividend payments already cover the operational costs, and most projects are already through with the large capital investment phases.

    The Sakhalin-1 Exception

    OVL has a special case that will demand around half a billion dollars for re-nomination as a shareholder in Sakhalin-1. The company has tried to enter into negotiations with the authorities in Russia to utilize the stranded dividends to make this payment but the dollar transactions with Russian corporations still pose a challenge that does not allow them to move ahead.

    This is the sole noteworthy potential application of the trapped funds, but even this option is not easily attainable because of the complexity of sanctions.

    Cross-Payment Challenges for Oil Purchases

    The rational substitute for the Russian oil purchases with stranded dividends has several complications. Whereas IOC and BPCL are vigorous buyers of Russian crude, OIL and OVL do not use these transactions, which results in inappropriate funds flow.

    It is further complicated by the fact that the overseas SPV structure would subject cross-payments to numerous territorial jurisdictions at the same time. Under the extensive Western sanctions approach in Russian energy industries, such a structure would impose very complicated taxation and accounting problems.

    Seeking Resolution Through Expert Guidance

    To manoeuvre through this tricky financial environment, Indian firms are seeking legal and international accounting services. According to the industry sources, such solutions will necessitate some innovative commercial negotiations with the stakeholders in various countries, coupled with the use of advanced diplomatic efforts.

    It is still unclear when the resolution will be complete, and some insiders in the industry opine that it is only when Russia hostilities to Ukraine are stopped, and sanctions lifted, that the frozen Indian oil dividends Russia remittances will be fully unlocked.

    This is a unique circumstance that underscores a geopolitical, international financial, and energy security nexus of the modern globalized economy.

  • Elle Style Awards 2025: An Evening of Creativity and Individuality

    Elle Style Awards 2025: An Evening of Creativity and Individuality

    New Delhi [India], September 22: The second edition of Elle Style Awards 2025 – a celebration of fashion, creativity, and culture bejewelled the red carpet at The Leela Palace New Delhi on September 6, 2025. The soiree was a living showcase of innovation, authenticity, and fearless individuality graced by an esteemed jury of fashion leaders, industry stalwarts, and a dynamic blend of nominees.

    Capturing the essence of today’s fashion landscape, the platform embodied the next generation of Indian and global style. From glimmering gowns and sharp tailoring to fearless experiments that broke the mould, the night redefined the narrative of style and elegance.

    From screen icons to daring new voices, the winners’ circle was nothing short of iconic:

    ELLE Global Impact in Design: Rahul Mishra

    Rahul Mishra, known for weaving couture as poetry, has taken Indian artistry across the world. This year, his breathtaking couture show ‘Becoming Love’ at Paris Fashion Week captivated the audience and cemented his global impact as a true visionary. His intricately hand-embroidered creations support Indian artisans while resonating with international aesthetics, making him the natural recipient of the ELLE Global Impact in Design award.

    ELLE Designer of the Year, Male:  David Abraham, Rakesh Thakore & Kevin Nigli

    As the visionaries behind Abraham & Thakore, David Abraham, Rakesh Thakore, and Kevin Nigli have redefined quiet luxury for India. With their minimalist yet deeply rooted designs, they offer thoughtful, relevant, and timeless collections that combine textile narratives with subtle elegance. subtle elegance.

    ELLE Designer of the Year, Female: Mriga Kapadia and Amrit Kumar, NorBlackNorWhite

    Founded by Mriga Kapadia and Amrit Kumar, NorBlackNorWhite has never been just about clothing; it’s about storytelling, identity, and pushing boundaries. With their fearless approach to colour, craft, and culture, their label is a symbol of rebellion and joy. The bold prints and vibrant palettes showcase a playful yet deeply rooted vision of Indian fashion that resonates worldwide. The designer duo recently collaborated with Nike, strengthening their place as cultural disruptors.

    ELLE Creator of Icons: Karan Torani

    Building a design language embedded in nostalgia, storytelling, and unapologetic emotion, Karan Torani’s creations often weave reminiscences of home, heritage, and soul that feel deeply personal yet universally resonant.

    ELLE Photographer of the Year: Pranoy Sarkar

    Renowned for his distinctive visual narratives, Pranoy Sarkar blends fashion with fine art that encapsulates the emotional intensity behind the lens. From editorial spreads to campaigns, his photography is a symbol of timeless elegance and fearless experimentation.

    ELLE Fashion Influencer of the Year, Male: Prateek Chauhan

    Prateek Chauhan aka lensbehindlenshas redefined men’s style with his unique blend of tailoring, streetwear, and personal authenticity. His Instagram (@lensbehindlens) resonates with younger audiences as he translates a striking combination of minimal and artistic looks paired with creative visual storytelling, making him ELLE Fashion Influencer of the Year, Male.

    ELLE Fashion Influencer of the Year, Female: Prerna Massey

    Prerna Masseyembodies the essence of contemporary cool with her dynamic presence and experiment approach to style. Her daring yet accessible fashion choices inspire a younger wave of fashion aficionados to confidently embrace their uniqueness and self-expression. By fostering fashion discussions that blend aspiration with relatability, Massey was recognised as ELLE Fashion Influencer of the Year, Female.

    ELLE Next Gen Indian Designer of the Year: Harshna Kandhari and Mannat Sethi, Graine

    Minimal, sculptural, and deeply conscious – ELLE Next Gen Designer of the Year winner Graine occupies a unique space where sustainability meets creativity.

    ELLE Best Dressed, Male: Kunal Rawal

    Renowned for revolutionising menswear with a youthful yet timeless appeal, Kunal Rawal has established himself as one of the country’s most impactful designers. But beyond the runway, his own style is equally compelling, a perfect balance of ease and edge. From tonal layering and sharp jackets, along with his ability to combine sneakers with formal wear, Rawal exemplifies a distinctly modern Indian aesthetic, making him this year’s Best Dressed, Male.

    ELLE Best Dressed, Female: Kiran Rao

    Receiving ELLE Best Dressed, Female of the year, Kiran Rao’s fashion choices are as distinctive as her cinematic voice. Her nuanced style is a blend of simplicity with a modern flair that reflects her refusal to be bound by trends. Modest yet charmingly chic, Rao exemplifies what it means to be truly best dressed — authentic, confident, and original.

    ELLE Fashion Impact: Arshna Raj, Stoique

    Embodying sustainability, innovation, and the essence of slow fashion, Stoique Arshna Raj resonates with conscious consumers. By making a thoughtful impact on the larger fashion dialogue in India, fashion becomes more than just what we wear; it becomes a statement about the world we want to live in.

    ELLE Fashion Entrepreneur of the Year: Akshat Bansal, B L O N I

    Akshat Bansal’s B L O N I has always been a label ahead of its time — experimental, bold, and uncompromising in its vision. Carving out a unique space that blends design innovation with savvy entrepreneurship, the award for Fashion Entrepreneur of the Year recognises his knack for building not just a brand, but a movement in modern Indian fashion.

    ELLE Style & Substance: Shalini Passi

    Art collector, philanthropist, and cultural voice – Shalini Passi seamlessly brings together creativity and social impact. Her life and work are a testament that true style goes hand-in-hand with substance. Whether through fashion, art, or advocacy, her influence extends beyond aesthetics into meaningful change.

    ELLE Style Icon, Male: Vijay Varma

    Experimenting with colour, silhouette, and mood, Vijay Varma’s style echoes his career — versatile, confident, and always evolving. Off-screen, his understated calm adds another dimension to his personality, making him a true style icon for the times.

    ELLE Global Entertainer: Jacqueline Fernandez

    Known for her energy, charisma, and effortless glamour, Jacqueline Fernandez has garnered the position of entertainer with global appeal. Her constant global presence seamlessly balances her career across India and beyond.

    ELLE Rising Star: Ahan Shetty

    Ahan Shetty stands at the helm of a new generation who is set to carve his path with his talent and style. His emergence in the industry has been evident by a mix of poise and honesty, both on-screen and off. With a natural sense of style, he is as much a fashion figure as he is a rising actor.

    ELLE Power House Performe: Jonita Gandhi

    Jonita Gandhi’s voice has been the soundtrack to countless lives, but her power extends beyond music. Known for her individualistic personality, both on stage and in style, she is not just vibrant but an experimental and dynamic performer. She symbolises what it means to be a powerhouse performer: one who commands attention effortlessly.

    ELLE Face to Watch: Ibrahim Ali Khan

    Even before his official debut, Ibrahim Ali Khan has already captured the imagination of the industry and audiences alike. With his charismatic personality, eye-catching presence, and powerful fashion sense, he embodies the next wave of Indian talent. Even at the onset of his journey, his style has already made him one to watch.

    ELLE Stylish Businessman: Aman Gupta

    Aman Gupta’s success extends beyond the boardroom and is reflected in his demeanour. Blending professionalism with personality, he has become a new kind of business style icon — approachable, aspiring, and sartorially sharp. His recognition celebrates entrepreneurs who prove that style and substance can coexist peacefully.

    ELLE Gen Next Star: Tanya Maniktala

    With a fresh presence and a growing body of effective work, Tanya Maniktala is steadily escalating as one of the most breathtaking young talents. Her charm and subtle elegance make her stand out, while her fashion picks mirror a confident individuality that resonates with her generation.

    ELLE Digital Disruptor: Ankush Bahuguna

    With his wit, resonance, and individuality, Ankush Bahuguna is more than just a content creator—he is a cultural voice. His increasing influence is an indication of the emergence of artists who inspire not only with their appearance but also with their concepts and genuineness.

    ELLE People’s Choice Designer: Aarti Vijay Gupta

    Known for her bold prints, strong narratives, and a playfulness that always makes a statement, Aarti Vijay Guptais instantly recognisable. Her knack for blending art with fashion has earned her a loyal community of enthusiasts who support her distinctive voice. Cementing Indian creativity on an international stage by showcasing at platforms like London Fashion Week, her position as a designer strengthens at all levels. With her confident individuality and relatable vision, she made her the ELLE People’s Choice Designer.

    ELLE Emerging Designer of the Year: Smita Srinivas

    Smita Srinivas, an emerging Indian fashion designer, is known for her experimental yet effortlessly wearable pieces, characterised by a thoughtful and boundary-pushing perspective. Her award signifies the start of an exciting journey, positioning her as a rising star in the industry.

    With the support of Presenting Partner – The Raymond Shop, Haircare Partner – Streax Professional, Hydration Partner – Vedica Himalayan Spring Water, Jewellery Partner – P.C. CHANDRA JEWELLERS, Lifestyle Partner – MIRAGGIO, Hairstyling Partner – Philips, Glam Partner – Colorbar Cosmetics, and Gifting Partners: Novology, FCL Premium Skincare by Fixderma, SEREKO, The Formularx, The Pink Foundry, LANEIGE, OLFA Originals, the night shaped the spirit of India’s style story.

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  • SEPC Wins Rs. 443 Crore Irrigation Project Order in Dehri-821307, Bihar

    SEPC Wins Rs. 443 Crore Irrigation Project Order in Dehri-821307, Bihar

    Chennai (Tamil Nadu) [India], September 22: 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, announced that it has received a major Work Allocation Order valued at 442.8 crore from the Chief Engineer, Irrigation, Generation, Water Resources Department, Dehri – 821307.

    The contract pertains to the execution of the “Jamaniyan to Kakrait Gangajal Lift Irrigation Scheme”, located in Kaimur district under the Zamanian Pump Canal Division, Mohania, as part of the Pragati Yatra initiative.

    Key highlights of the order:

    • Project Value: ₹442.8 crore 
    • Scope: Water Supply & Irrigation Scheme 
    • Execution Timeline: 24 months 
    • Awarding Authority:  Chief Engineer, Irrigation, Generation, Water Resources Department, Dehri – 821307

    This project underscores SEPC’s proven expertise in delivering large-scale water management and infrastructure solutions and is expected to significantly enhance irrigation facilities in the region.

    Commenting on the performance Mr. Venkataramani Jaiganesh Whole Time Director of SEPC Limited, said: “We are delighted to have been entrusted with the Jamaniyan to Kakrait Gangajal Lift Irrigation Scheme, a project of significant value not only in terms of scale but also in its impact on rural development. With a project size of nearly ₹443 crore, this order further strengthens our position in the water infrastructure and irrigation domain, where SEPC has consistently demonstrated execution excellence.

    This project is designed to improve water availability for agriculture, directly benefiting farmers and supporting sustainable livelihoods in the Kaimur district. Over the next 24 months, our teams will focus on delivering this critical irrigation infrastructure with precision, quality, and timely execution.

    At SEPC, we see this win as a reaffirmation of our strong project capabilities, client trust, and our commitment to nation-building through engineering solutions that address critical needs in water management and resource sustainability.”

    The project will play a crucial role in improving water availability for agriculture, supporting farmers, and boosting socio-economic growth in the Kaimur district.

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  • US-Education Aspirants Find Relief as Student Visa Situation in India Eases

    US-Education Aspirants Find Relief as Student Visa Situation in India Eases

    New Delhi [India], September 22: After facing long delays and uncertainty in recent years, Indian students hoping to study in the United States are finally seeing a marked improvement in the student visa process.

    The U.S. Embassy in India has taken steps to reduce the backlog of visa applications that had caused wait times to stretch over 500 days at consulates in major cities like Mumbai and New Delhi. As of mid-2025, the average wait time for a student visa appointment has dropped to about two months.

    This turnaround is thanks to increased staffing, better digital systems for managing applications, and focused efforts to clear the backlog. Another key factor has been the expansion of the Interview Waiver Program (IWP), which lets eligible students, especially those renewing visas, skip the in-person interview, speeding up approvals to about three weeks.

    However, students should be aware of new rules requiring visa interviews to take place only in their home country or legal residence. This change removes the option of applying from third countries, which some had used to find shorter appointment waits. While this might cause some challenges, it’s part of a wider push for consistency and security in visa processing. The easing of visa delays is expected to open doors for even more students looking to study in American universities.

    Moreover, American universities have been very accommodating and have offered deferred admission offers (for Fall ‘26) to students who did not receive their visas on time. With all measures in place, the situation is expected to further improve, with official data already demonstrating a rise in visa applications. For students who have faced issues with Fall ‘25 admissions, Spring ‘26 admissions are the next best option and are right around the corner.

    In this evolving scenario, organizations like Jamboree Education play an important role in helping students navigate the complex visa process. With over 30 years of experience, they offer guidance on visa application procedures, document preparation, and interview readiness to help students make the most of the current improvements.

    Many Jamboree students have made it safely to the US and are settling in well. Naman Singh, a CS Master’s student at New York University, recently shared his experience arriving in the US: “the immigration process at the [US] airport was really easy, they just asked me for my documents, asked a few simple questions, and I was all done.” Elisha Gras, another Jamboree student admitted to the M. Engg. program at Cornell University also shared that she had made it safely and without any hassle.

    Students are advised to keep an eye on updates from official U.S. Embassy sources and start their visa application process early to avoid last-minute hurdles.

    About Jamboree Education

    Jamboree Education is a leading overseas education consultancy specializing in test preparation and admissions guidance for students aiming to study abroad. With over three decades of experience, Jamboree has helped thousands of students achieve their academic goals through personalized counseling, expert test coaching, and up-to-date visa guidance. For more information, visit www.jamboreeindia.com.

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