Author: Sutun Nayak

New Delhi [India], December 11: The Rights Issue of Gujarat Natural Resources Limited (BSE: 513536), a leading company in the upstream oil & gas sector in India, will open on December 12 and close on December 20. Gujarat Natural Resources Limited (GNRL), incorporated on August 23, 1991, is an Indian company that focuses on oil and gas exploration and production. It operates in the upstream part of the industry, concentrating on finding, developing, and producing crude oil and natural gas.

Gujarat Natural Resources aims to raise Rs. 48.15 crore through the Rights Issue by issuing 4,81,50,987 shares at Rs. 10 per share. The issue price is at a sharp discount to Tuesday’s closing price of Rs. 17.74 on the BSE.

Investors can also buy the Gujarat Natural Resources’ Rights Entitlements from the BSE to participate/subscribe to the rights issue. The last date for on-market renunciation of rights entitlements is December 17, 2024.

The company is promoted by Shalin Shah & family. Along with oil and gas, the group also has interests in the steel, power, and chemicals industries.

The rights entitlement ratio for the issue is fixed at 3:5, i.e. three fully paid-up equity shares for every five fully paid-up equity shares held by the shareholders on the record date. Earlier, Gujarat Natural Resources fixed December 3 as the record date to determine the shareholders entitled to receive the rights entitlement.

Eligible shareholders need to ensure that renunciation through off-market transfer is completed in a manner that the rights entitlements are credited to the demat accounts on or before the issue closing date.

The funds raised through the Rights Issue will be used to invest in a wholly-owned subsidiary, repay outstanding borrowings, and meet general corporate purposes. According to the issue documents, Gujarat Natural Resources will invest Rs. 20 crore in a subsidiary, utilise Rs. 20 crore to repay current loans and utilise Rs. 7.15 crore for general corporate purposes.

Gujarat Natural Resources Limited’s consolidated revenue increased by 93.29% and profit after tax (PAT) rose by 37.41% between the financial year ending with March 31, 2024 and March 31, 2023.

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New Delhi [India], December 11: From the humble lanes of Rajasthan’s Nagaur district to the pinnacle of Ayurvedic excellence, Hariram Rinwa’s story is a powerful narrative of resilience, vision, and relentless determination. His journey, spanning decades, stands as a testament to the potential of hard work and the transformative power of believing in one’s dreams. Today, his ventures, Ayubal Wellness and Ashpveda, are redefining the Ayurvedic and wellness industries by offering products rooted in ancient wisdom and tailored to modern needs.

The Humble Beginnings in Parbatsar, Rajasthan

Hariram Rinwa was born in Parbatsar, a small village in the Nagaur district of Rajasthan. Life in Parbatsar was far from easy, and Hariram’s early years were marked by financial hardships. At just 12 years old, he began helping his family by trading fertilizers and managing a grocery shop stocked with goods worth ₹200. Balancing school and business responsibilities, Hariram displayed an entrepreneurial spirit that set him apart.

Despite his hard work, the challenges of rural life persisted. Customers often delayed payments, leaving Hariram struggling to manage his small enterprise. By the time he completed high school in 2004, he had accumulated debts of ₹1 lakh. Undeterred, Hariram decided to move beyond the limitations of his village and seek better opportunities in the cities of Rajasthan.

The Early Struggles in Jaipur and Jodhpur

Hariram’s journey took a pivotal turn when he moved to Jaipur, the Pink City. Armed with determination but limited resources, he began working as a marketing freelancer, meeting businesses to understand and cater to their requirements, primarily through a trading approach. These initial years in Jaipur were characterized by long hours, tight budgets, and the challenge of adjusting to a bustling urban environment.

In 2007, tragedy struck when Hariram’s brother lost his life in an accident in Bangalore. The loss was a defining moment, deeply affecting Hariram and forcing him to reflect on the purpose and direction of his life. He returned to Jodhpur and transitioned to direct selling, where he learned valuable lessons in market dynamics, customer engagement, and the importance of resilience.

Building the Foundations: The Birth of Ayubal Wellness

In 2009, Hariram launched Akshay Enterprises, initially a trading company dealing in electronics and solar products. The venture helped Hariram gain a foothold in the competitive marketplace, but he soon realized his true calling lay elsewhere. The growing awareness and demand for Ayurvedic solutions inspired him to pivot his business model and enter the Ayurvedic and nutraceutical industry.

This marked the birth of Ayubal Wellness, a company dedicated to manufacturing high-quality Ayurvedic products. Hariram identified a significant gap in the market—consumers were seeking authentic, effective Ayurvedic solutions, yet the industry lacked reliable players offering consistent quality. With Ayubal Wellness, Hariram set out to bridge this gap by combining ancient Ayurvedic wisdom with modern manufacturing techniques.

Hariram’s vision for Ayubal Wellness was not just business-oriented; it was deeply personal. He believed in Ayurveda’s potential to transform lives and saw his venture as a way to bring India’s ancient healing traditions to the forefront of global wellness.

The Evolution to Ashpveda: A Premium Ayurvedic Brand

While Ayubal Wellness focused on establishing a strong foundation in the Ayurvedic and nutraceutical industry, Hariram soon realized the need for a premium brand that could cater to discerning consumers looking for exceptional quality. This realization led to the creation of Ashpveda, a brand designed to deliver the finest Ayurvedic formulations to both Indian and global audiences.

Ashpveda represents the culmination of Hariram’s decades of experience in understanding consumer preferences and market gaps. The brand’s offerings are inspired by traditional Ayurvedic texts but tailored to modern sensibilities. Its formulations are free from artificial colors, parabens, and harmful chemicals, ensuring that customers receive products that are both safe and effective.

Hariram envisioned Ashpveda as more than just a brand—it’s a movement to celebrate and elevate the timeless wisdom of Ayurveda. Speaking about his inspiration for the brand, he says:

“Ayurveda is not just a business; it’s my mission to bring India’s ancient healing wisdom to every household.”

Resilience: The Cornerstone of Hariram’s Success

Hariram’s journey is a masterclass in resilience and adaptability. From facing financial struggles in a small village to overcoming personal tragedies and business challenges, he has consistently demonstrated an unwavering commitment to his goals. His personal mantra, “What’s next?”, captures his forward-thinking approach and his belief in continuous growth.

Reflecting on his journey, Hariram shares, “Resilience isn’t about avoiding failure; it’s about learning and growing through every setback.”

This philosophy has not only guided him through tough times but has also inspired his team and peers to push their limits and strive for excellence.

A Legacy of Innovation and Impact

Through Ayubal Wellness and Ashpveda, Hariram has created a legacy that goes beyond business. Ayubal Wellness, with its focus on manufacturing high-quality Ayurvedic and nutraceutical products, has become a trusted name in the industry. The venture also supports local communities, particularly farmers, by engaging them in contract farming initiatives.

Ashpveda, on the other hand, is redefining the standards of premium Ayurvedic products. By offering formulations that are rooted in tradition yet designed for modern lifestyles, the brand has carved a niche for itself in the beauty and wellness space.

Inspiring the Next Generation

Hariram’s journey is not just a success story—it’s an inspiration for aspiring entrepreneurs across India. His ability to overcome challenges, adapt to changing circumstances, and stay true to his values serves as a beacon of hope for those who dare to dream big.

As he puts it, “Identify opportunities, embrace challenges, and always ask, ‘What’s next?’”

Hariram’s story is a reminder that with hard work, determination, and a clear vision, anything is possible. From a grocery shop in Parbatsar to an Ayurvedic empire, his journey reflects the incredible potential of resilience and purpose-driven entrepreneurship.

About Ayubal Wellness

Ayubal Wellness is a leading manufacturer of Ayurvedic and nutraceutical products, offering solutions that combine ancient wisdom with modern innovation. The company is committed to delivering products that enhance health and wellness while adhering to the highest standards of quality.

About Ashpveda

Ashpveda is a premium Ayurvedic brand that celebrates the timeless wisdom of Ayurveda. With a focus on creating formulations that are free from artificial additives and rooted in traditional Ayurvedic principles, Ashpveda offers a range of beauty and wellness products designed to meet the needs of modern consumers.

Hariram Rinwa’s inspiring journey is a testament to the power of resilience, vision, and a commitment to excellence. As he continues to lead Ayubal Wellness and Ashpveda to new heights, his story serves as a source of inspiration for all those striving to make a meaningful impact in their lives and communities.

Check out Hariram’s Instagram profile here: instagram.com/HariRamRinwaOfficial

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Hyderabad (Telangana) [India], December 11: The Hyderabad Times Fashion Week witnessed an extraordinary showcase of royal elegance Great Grand Daughter Seventh Nizam of Hyderabad Sahebzadi Maheen Rahman presented her exclusive Khada Dupatta Collection. Designed for The Star Life Hyderabad brand label, “Nawabi Collection,” this line epitomizes the timeless grandeur of Hyderabad’s royal heritage, blending traditional artistry with contemporary sophistication. Hyderabad Times  Fashion week Recently held 1st December 2024 , At Park Hyatt Hotel Hyderabad.

A Celebration of Nawabi Legacy

The collection, inspired by the opulence of the Asaf Jahi dynasty and the regal lifestyle of the Nizams, dazzled the audience with its intricate craftsmanship and luxurious fabrics. Each piece drew heavily from traditional elements like Zardozi, Kinkhaab, Tar Baana, Tashqandh, Mushajjar, tissue silk, and Jamdani net. Heavy masala borders added a touch of unmatched luxury, making the collection a true embodiment of Nawabi grace.

The highlight of the show was the revival of the Khada Dupatta, a garment that has symbolized Hyderabadi culture for generations. Once the attire of royal princesses, this iconic ensemble—crafted from rich silk georgette or chiffon and adorned with antique designs—has been reimagined for modern brides.

Visionary Leadership with Shafeeq ur Rahman, CEO of The Star Life Hyderabad

Shafeeq ur Rahman, CEO of The Star Life Hyderabad, and his wife, Sahebzadi Maheen Rahman, have spearheaded the brand’s mission to reconnect the past with the present. “This collection is not just a tribute to Hyderabad’s rich cultural legacy but a revival of India’s ancient artistry,” said Maheen Rahman.

The Nawabi Collection also featured an exquisite Men’s Sherwani line, showcasing Zardozi, stone, and threadwork that reflected the grandeur of the Nizam era.

Reviving a Royal Tradition

The Star Life Hyderabad has embraced the responsibility of reviving the dying traditions of India’s storied royal past. Through the Nawabi Collection, the brand seeks to reconnect modern audiences with the elegance and craftsmanship that once defined the courts of Hyderabad.

As the show concluded, it was evident that Sahebzadi Maheen Rahman’s vision had breathed new life into the legacy of the royal Nizams. This collection is not just fashion—it is a bridge between history and modernity, ensuring that the grandeur of the Nawabs continues to inspire generations to come.

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Jaipur (Rajasthan) [India], December 11: ARCH College of Design and Business continues to lead the way in promoting creativity, innovation, and skill development by blending traditional art forms with cutting-edge global design techniques. Through a series of thoughtfully curated workshops, the institution underscores its commitment to preparing students for a rapidly globalized and digitized world where technological expertise and cross-cultural understanding are paramount.

In collaboration with Manchester Metropolitan University (MMU), ARCH recently hosted an advanced pattern design workshop at its Jaipur campus. This workshop, led by Rachel Kelly from the Manchester Fashion Institute (MFI), introduced ARCH students to innovative textile designs inspired by Sudoku patterns. Participants from diverse design fields such as fashion, interior, communication, and jewelry explored creative techniques to produce intricate patterns, marrying mathematical precision with artistic expression.

Commenting on the collaboration, Archana Surana, Founder and Director of ARCH College of Design and Business, said, “Partnerships with global institutions like MMU empower our students with advanced technical skills and an international perspective, preparing them to thrive in an increasingly interconnected and competitive design industry.”

On the cultural front, ARCH joined forces with the City Palace Museum Trust during the Jaipur History Festival 2024 to organize a workshop that highlighted the fusion of folk art with modern storytelling techniques. This installation art and stop-motion animation workshop engaged 40 school students and their teachers, focusing on Financial Literacy through Folk Art.

Participating schools included Delhi Public School Jaipur, MPS Kalwar Road, Sanskar School, Subodh Public School, Dharav High School, Maharaja Sawai Bhawani Singh School, and Birla Public School, Kishangarh. Students showcased innovative projects, such as Panchatantra-inspired installations and mandala-style “Tree of Life” designs, demonstrating the potential of traditional arts to address contemporary challenges creatively.

Archana Surana remarked, “These workshops offer students an invaluable opportunity to connect with their heritage while developing skills that enable them to address present-day issues creatively and meaningfully.”

ARCH College of Design and Business has, over the past 25 years, built a reputation for pioneering an experiential learning approach that combines academic rigor with hands-on practice. By integrating global exposure, cultural sensitivity, and technological fluency into its curriculum, the institution continues to prepare industry-ready professionals poised to make an impact in the dynamic global design and business landscapes.

With a diverse student body and robust global partnerships, ARCH fosters an inclusive environment that celebrates creativity, innovation, and teamwork, ensuring its graduates are well-equipped to lead in their fields.

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New Delhi [India], December 10:  Ofis Square Launches Empowering Ad Campaign Featuring Brand Ambassador Shraddha Kapoor “Sirf Kaam Nahin, Yahan Sapne Pure Hote Hain!”

Ofis Square, the leader in coworking and managed workspace solutions in India, unveiled its latest ad campaign today featuring the celebrated actress and brand ambassador, Shraddha Kapoor. Released today on YouTube, the campaign embodies the ethos of Ofis Square—creating workspaces that not only support professional endeavors but also empower aspirations, nurture dreams, and foster vibrant communities.

Title “Sirf Kaam Nahin, Yahan Sapne Pure Hote Hain” (‘Not Just Work, Dreams are Fulfilled Here’) ad talks of the transformative power of a well-designed workspace. It brings forward how Ofis Square is a platform that allows the accomplishment of individual and business goals in an environment that inspires creativity and innovation. The visually appealing campaign brings Shraddha Kapoor seamlessly into Ofis Square’s vision of redefining workspaces in India.

Ofis Square’s philosophy transcends the state-of-the-art office spaces. With cutting-edge infrastructure, private offices, high-speed connectivity, collaborative spaces, and community-focused amenities, it has set itself as the pioneer in fostering growth and innovation. By curating environments that resonate with the needs of modern professionals, Ofis Square is setting new benchmarks in coworking and managed office solutions.

Speaking about the campaign, Shraddha Kapoor said, “Ofis Square is not just a place to provide workspaces but it’s an ecosystem that makes ideas bloom, nurtures dreams, and grows communities together. It’s a proud moment to be the face of a brand that actually believes in empowering people and creating opportunities for success.”

Shraddha’s association with Ofis Square reflects her alignment with the brand’s mission to inspire individuals and businesses to reach their full potential. Her natural charm and relatability make her the perfect choice to represent the brand’s commitment to empowering communities.

Mrs. Saroj Mittal, the Founder of Ofis Square, shares: “At Ofis Square, we aim to do a little more than just an office space. We aim to do so much more by building a thriving community of aspiring hopes and fulfilled dreams. This campaign with Shraddha Kapoor reflects that thought and belief in innovation, combined with collaboration.

Mrs. Mittal added, “We envision a future where every individual and organization that becomes part of the Ofis Square family experiences growth, success, and fulfillment. Our workspaces are designed to inspire and support people in pursuing their dreams and making them a reality.”

The new advertisement campaign served as a testament to Ofis Square’s vision of being a catalyst for innovation and collaboration. From start-ups and freelancers to large enterprises, the flexible workspaces of the brand cater to diverse needs, allowing people to connect, create, and collaborate in one environment.

With offices across major Indian cities, Ofis Square is breaking the modern workspace barrier for the masses. The brand’s thrust to uplift professionals with enabled environments and a resourceful ecosystem has made it a choice for the entrepreneurial new generation and all enterprises.

This is the latest campaign by Ofis Square in the long-run mission of redefining workspaces in India. Bringing together world-class infrastructure with the ethos of inclusivity and empowerment, the brand not only shapes the future of coworking but also contributes to the larger narrative of professional and personal growth.

The commercial can now be found live across digital platforms and is being hailed for its message, which inspires and makes people feel related to its storytelling. Its appeal lies in connecting with the aspirations of professionals who, unlike simply wanting a space to work, want to be part of a community that fosters success and innovation.

About Ofis Square

Ofis Square is India’s premier coworking and managed workspace solutions provider. It provides premium office spaces that come with high-speed Wi-Fi, private offices, conference rooms, phone booths, and collaborative zones. The brand has empowered dreams and transformed the workspace experience for professionals and businesses across India under its mission of making dreams real for everyone.

Watch the ad here: https://www.youtube.com/watch?v=gVv5pjjRMkI.

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New Delhi [India], December 09: At the ongoing Global Partnership on Artificial Intelligence (GPAI) Summit 2024 in Belgrade, Serbia, Shashi Shekhar Vempati, Co-Founder of the DeepTech for Bharat Foundation (AI4India.org) and former CEO of Prasar Bharati, delivered a compelling address on the transformative power of AI in emerging economies along with co-panel members Milan Bosnic, Laurence Lew, Marco Cadez.

Participating in a panel discussion on “AI’s Impact on Emerging Economies,” Vempati underscored India’s unique position to leapfrog into an AI-driven future, much like its rapid adoption of mobile technologies in the past. He articulated how India’s evolving AI ecosystem, bolstered by government-backed initiatives like the Public GPU Cloud, is democratizing access to technology and fostering grassroots innovation.

Mr. Vempati drew attention to Prime Minister Narendra Modi’s vision of democratizing technology through Digital Public Goods, which now extends to AI infrastructure. Highlighting India’s focus on developing indigenous AI capabilities, he spoke about the importance of Indic-language AI tools like BHASHINI, which are breaking down language barriers to enhance accessibility and inclusivity. These efforts, he noted, are paving the way for transformative applications across agriculture, manufacturing, and public services, ultimately contributing to India’s socio-economic development.

A central theme of his address was the DataDaan campaign, a pioneering effort to build large, publicly accessible datasets. The initiative invites individuals, institutions, and public bodies to contribute their datasets to create a repository that can empower startups, researchers, and academia to build AI models tailored to India’s local context. “Data Daan is about turning a challenge into an opportunity. By sharing our datasets, we’re not just fostering innovation but enabling India to lead in building AI solutions for diverse and nuanced applications,” Mr. Vempati explained.

In his remarks, Vempati reflected on the unique advantage emerging economies like India possess—the absence of legacy systems, which allows them to adopt advanced technologies with agility. He stressed that with the right investments in AI and initiatives like Data Daan, India could position itself as a global leader in AI innovation.

At GPAI 2024, Mr. Vempati who is also on the advisory board of the Center of Policy Research and Governance credited CPRG for its continuous contribution and support to the Data Daan Initiative in collaboration with AI4India . Founded in 2016, CPRG is an independent Delhi-based think tank dedicated to advancing people-centric policymaking and addressing challenges in the economy, workforce, and education through research on emerging technologies.

CPRG Director Dr. Ramanand underscored the importance of AI4India and CPRG’s joint participation at the GPAI in presenting India’s priorities and challenges in this fast emerging field. Adding to the discourse, Visiting Fellow Chetan Aggarwal presented insights on ‘AI in Agriculture Green Transition and Climate,’ at the GPAI exemplifying CPRG’s commitment to driving sustainable growth through innovation.

Mr. Alok Agrawal, Co-Founder of AI4India, the joint efforts of AI4India and CPRG at GPAI 2024 as a “blueprint for how emerging economies can harness AI for equitable and sustainable progress” with initiatives like ‘Data Daan’ gaining momentum.

The GPAI Summit 2024, a global forum dedicated to advancing the responsible and sustainable use of artificial intelligence, provided a vital platform for discussions on AI’s role in shaping the future of developing economies. Vempati’s contributions underscored the importance of building local capabilities, democratizing access, and leveraging technology to address India’s unique challenges.

About AI4India.org:
AI4India.org, driven by the DeepTech for Bharat Foundation, is committed to advancing grassroots innovation in AI. The organization focuses on empowering key sectors such as agriculture, manufacturing, and public services through indigenous AI tools and solutions. Its flagship initiative, Data Daan, seeks to create a publicly accessible repository of datasets, enabling researchers, startups, and academia to develop AI models that address India’s diverse needs. AI4India is dedicated to making India self-reliant in AI technologies, fostering inclusivity, and aligning innovation with the nation’s socio-economic priorities.For more information, visit www.ai4india.org.

Youtube Link :https://www.youtube.com/clip/Ugkx5jgdSfkgVOOfYjp2lzfFM5wsdxfFr_Yi

Youtube Link :https://www.youtube.com/clip/Ugkx5jgdSfkgVOOfYjp2lzfFM5wsdxfFr_Yi

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