Category: Business

  • Aditya Ultra Steel Secures Land Lease for 5,000 KWP Solar Plant

    Aditya Ultra Steel Secures Land Lease for 5,000 KWP Solar Plant

    Rajkot (Gujarat) [India], May 6:  Aditya Ultra Steel Ltd (NSE – AUSL) – Leading company engaged in the business of manufacturing rolled steel products i.e. TMT bars under the brand name ‘Kamdhenu’ in a bold stride toward sustainability and self-reliance has announced a significant investment in renewable energy a 5,000 KWP Solar Captive Power Plant aimed at powering its operations with clean, green energy. The company was listed on the NSE –SME exchange on 16th September 2024.

    The company is installing a solar power plant with a capacity of 5,000 KWP at Jasdan, Rajkot, aimed at significantly meeting the company’s energy needs while enhancing sustainability and reducing exposure to electricity price fluctuations, investing Rs. 15.35 crore. The new solar project isn’t just a power solution, it’s a commitment. Located at Block/Survey Nos. 105, 106 P-1, 108 & 109 in Village Kundani, Sub-District Jasdan, Rajkot District, the plant will supply sustainable energy directly to the company’s manufacturing facility at Survey No. 48, Wankarner Boudry, Bhalgam, National Highway 8-A, Wankaner, Rajkot.

    This move comes as part of the company’s strategy to reduce its carbon footprint, optimize energy costs and future-proof operations in line with global climate goals. Once operational, the plant is expected to significantly reduce reliance on grid power making the production of steel bars not just strong, but sustainable.

    “Steel may be the backbone of modern infrastructure, but clean energy is the future. With this project, we’re building both,” said a company spokesperson. “This marks a new chapter for Aditya Ultra Steel where industrial strength meets environmental responsibility.”

    At the Board of Directors meeting held on Tuesday, April 29, 2025, the Company formally approved the decision to lease the land for this project from KPI Green Energy Ltd., a recognised leader in solar energy infrastructure. The solar initiative underscores Aditya Ultra Steel’s broader vision: to lead not only in manufacturing excellence but also in climate-conscious industrial practices. Any major developments regarding the solar plant’s installation, commissioning, or impact on production will be shared with stock exchanges as per regulatory norms.

    Key Highlights

    • The plant is located in Village Kundani and will directly supply clean energy to the Wankaner manufacturing unit.
    • This initiative aims to cut carbon emissions, reduce energy costs, and align with global climate goals.
    • CRISIL recently assigned BBB/Stable for Long Term Rating and CRISIL A3+ for Short Term
    • For FY24, company reported Revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and PAT of Rs. 7.69 crore

    Incorporated in 2011, Aditya Ultra Steel Ltd manufactures rolled steel products, i.e. TMT bars, under the brand name “Kamdhenu”.The company manufactures TMT bars from billets in a reheating furnace and a rolling mill, mainly catering to the construction industry and infrastructure development. The company’s manufacturing facility is located in Wankaner, Gujarat and has a production capacity of 1,08,000 MT for TMT bars.

    In September 2024, the company successfully completed its Rs. 45.88 crore public issue on the NSE – SME exchange to fund its expansion plans, including meeting working capital requirements and general corporate purposes. In the six months of FY 2024-25, the company continued its trajectory of robust growth, reporting significant improvement across key financial metrics. The company reported Revenue of Rs. 312.39 crore, EBITDA of Rs. 10.50 crore and reported net profit of Rs. 5.20 crore for the H1FY25. For the full year ended March 2024, the company had reported revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and Net Profit of Rs. 7.69 crore, respectively.

    Company has been assigned a credit rating of CRISIL BBB/Stable for Long Term Rating and CRISIL A3+ for Short Term Rating from CRISIL Ratings Limited. This rating reflects the company’s financial stability, operational performance, and overall creditworthiness. It highlights company’s ability to meet its financial obligations and serves as an important indicator of its financial health for investors and stakeholders. The upgraded or maintained rating is expected to facilitate better access to financing and more favourable terms in the capital markets.

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  • Wrench Solutions and IIIC Launch Centre of Excellence to Upskill Engineers from Core Industries

    Wrench Solutions and IIIC Launch Centre of Excellence to Upskill Engineers from Core Industries

    Bengaluru (Karnataka) [India], May 6: Wrench Solutions, a global leader in AI-assisted Project Management Information Systems (PMIS), has partnered with the International Institute of Infrastructure and Construction (IIIC) to launch a Centre of Excellence (COE) aimed at upskilling fresh engineering graduates in core disciplines such as Civil, Mechanical, Electrical, Electronics and Instrumentation.

    As capital projects increasingly demand digitally skilled engineers, the newly developed course is designed to equip graduates with practical knowledge in handling projects using the latest technologies. Participants will be trained in digital project management, enabling them to monitor and control projects effectively through hybrid working models—both from the office and on-site—by leveraging advanced digital tools powered by AI.

    “This association will strengthen IIIC’s initiatives in skilling next-generation engineers for the ongoing digital transformation of the construction industry in India and beyond.” Said Prof. Dr. B. Sunil Kumar, Director of IIIC.

    The program will offer practical and real-world project training delivered by experienced industry professionals at IIIC labs. Graduates will gain hands-on experience in managing capital projects digitally, preparing them to work with cutting-edge technologies assisted by AI.

    “We are excited to be part of the initiative taken by IIIC, which is the need of the hour,” said KV Daniel, CEO of Wrench Solutions. “I am confident this program will bridge the critical gap between academic learning and practical experience, making graduates truly industry-ready and opening up a wealth of opportunities in the infrastructure sector.”

    Through this initiative, Wrench continues its mission of empowering the next generation of engineers and helping companies achieve #ZeroToleranceToDelays in capital projects.

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  • Advocate Haziq Zaman – Supreme Court of India’s Rising Star in Criminal Law

    Advocate Haziq Zaman – Supreme Court of India’s Rising Star in Criminal Law

    New Delhi [India], May 5: In an era where justice often seems out of reach for the common citizen, Advocate Haziq Zaman stands tall as a beacon of hope, integrity, and fearless advocacy. Practicing at the Supreme Court of India and the Delhi High Court, Zaman has earned national recognition as one of the Top 10 Criminal Lawyers in India, known for his legal brilliance, ethical values, and unrelenting dedication to justice.

    Often referred to as the “Protector of the Powerless,” Advocate Zaman has built a distinguished career representing the underprivileged and wrongfully accused. With expertise in complex criminal cases—including false accusations, corporate fraud, murder, and cybercrime—he has successfully helped countless individuals secure justice in cases where the odds were stacked against them.

    “Justice is not a privilege for the few—it is a right for all,” says Zaman. “My mission has always been to give a voice to those who have been silenced or ignored by the system.”

    Beyond the courtroom, Advocate Zaman is actively involved in national legal and human rights leadership. He serves as the District Director of the National Crime Investigation Bureau, where he contributes to high-level investigations and supports anti-corruption initiatives. Additionally, as National Vice President of the World Human Rights Protection Commission, he works on critical issues including prison reform, police accountability, and equitable treatment for all citizens.

    His contributions go far beyond litigation. Zaman frequently organizes legal aid camps in rural and underserved areas, providing pro bono legal services and educating citizens about their constitutional rights. His outreach has empowered thousands of families across India, earning him admiration not only as a lawyer but also as a humanitarian.

    Clients and colleagues alike describe him as a “warrior of justice,” praised for his calm demeanor, strategic thinking, and unshakable moral compass. Despite the risks involved in challenging powerful interests, Advocate Zaman has consistently chosen the path of truth, fairness, and service.

    He is also a prominent speaker and thought leader, advocating for judicial reforms, faster case resolution, and better public access to legal resources. His vision is clear: an India where no one fears the legal system and justice is delivered swiftly and fairly—regardless of socioeconomic status.

    For legal representation or consultation, Advocate Haziq Zaman can be contacted at:

    • Email: advhaaziqdhcsc@gmail.com
    • Phone: +91-9999320199
    • Website: a1justice.com

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  • Book Premiere of “Will AI Dictate the Future?” by Dr. Anton Ravindran at Asian Business & Social Forum 2025

    Book Premiere of “Will AI Dictate the Future?” by Dr. Anton Ravindran at Asian Business & Social Forum 2025

    New Delhi [India], May 5: AsiaOne Media Group successfully hosted a mega summit namely the 25th Edition of Asian Business & Social Forum 2025 and SIT20 (Saudi Arabia – India – Thailand 20) at the majestic Bharat Mandapam in New Delhi on 16th April 2025, which was attended by dignitaries, diplomats and eminent personalities from business, technology, politics, cinema, and arts from all over the globe. The centre of attraction was the participation of diplomats from 20 countries, 3 ministers, and distinguished leaders from various spheres.

    The Forum was graced by the esteemed presence of Prof. S.P. Singh Baghel, Hon’ble Minister of State for Fisheries, Animal Husbandry and Dairying and Panchayati Raj, Government of India, and Shri Puran Chand Nailwal, Hon’ble Minister of State, Uttarakh and Government, and diplomats comprising Ambassadors, High Commissioners, and Consuls from 20 countries. In addition, the enthralling congratulatory message was delivered by Dr. Ramdas Athawale, Hon’ble Minister of State for Social Justice and Empowerment, Government of India. He praised AsiaOne’s efforts in recognising business excellence from all over the globe

    Hon’ble Minister Prof. SP Singh Baghel, in his speech, applauded AsiaOne for its endeavour to recognize brands and leaders for their exemplary work. He added that good and credible international platforms like AsiaOne become indispensable in this regard. He further asserted that the recognition being given to business brands and leaders through AsiaOne inspires the business and technology leaders and motivates others to innovate, achieve their vision and contribute to the development of this country.

    One of the most eminent leaders at the forum was Dr. Anton Ravindran, Author of “Will AI Dictate the Future ?”. He was recognized as the winner of the AsiaOne Global Asian of the Year 2024-25. Dr. Anton Ravindran is a distinguished thought leader, entrepreneur, author, and technology strategist with over 30 years of experience in the ICT sector, specializing in emerging technologies and artificial intelligence. A Singapore-based Singaporean, he is the President of the Alliance for AI & Humanity and the founder of several AI-driven ventures, including SmartLaw and GICT Pte Ltd. He earned a Bachelor’s and Master’s in IT from the US and a doctorate in IT from Australia. He is a Fellow of both the British Computer Society and the Singapore Computer Society and a Chartered Engineer of the UK. As a serial technopreneur, Dr. Ravindran has founded and led multiple successful enterprises such as GICT, SmartLaw Pte Ltd, Rapidstart, and Genovate Pte Ltd, which operated in 7 countries and 17 cities. His efforts have earned him numerous accolades, including the Singapore Entrepreneur of the Year award in 2005 & 2006, the Singapore Indian Entrepreneur of the Year Award in 2006 and the GOPIO Business Leadership Award. In addition to his business ventures, Dr. Ravindran contributes actively to academia, having held adjunct and visiting professorships across Europe and Asia. He also serves on advisory boards and national committees related to technology standards, cloud computing, and digital skills development. With a rich background in global MNCs with IBM, Sun Microsystems, CA and Oracle and a passion for mentoring future leaders, Dr. Ravindran continues to shape the intersection of AI, innovation, and human-centric progress.

    During his keynote address, Dr. Anton said that “Agentic AI is beginning to reshape industries, societies, and even our daily lives, and it’s a thrilling new frontier. Imagine a world where your morning begins, not with an alarm clock, but with an AI that has already planned for your day. It has made your coffee, scheduled your meetings, and that too, based on your energy levels, and even drafted a response to that tricky email, all before you have opened your eyes. Agentic AI is not a passive tool waiting for prompts and commands. But an intelligent system with a degree of autonomy, capable of acting on your behalf, by anticipating your needs, which has begun to reshape your life.” He further added that, “By 2035, analysts predict that 40% of the global economic activity would involve some form of agentic AI. One of the most transformative arenas for agentic AI will be the workplace. Picture a future where AI doesn’t just assist, but collaborates as a full-fledged team member.”

    He further cited another example in his keynote address. He said, Healthcare offers another glimpse of this future. Agentic AI could become the backbone of personalized medicine, monitoring patients in real time via wearables, adjusting treatments dynamically, and coordinating with other systems to secure resources—like hospital beds or rare drugs. Imagine an AI that detects a heart irregularity, schedules surgery, and briefs the surgeon with a tailored plan, all while you sleep. By 2040, we might see “AI doctors” handling 60% of routine care, according to futurists at the World Health Organization, reducing wait times and costs. Yet, this autonomy raises questions: What happens when an AI’s decision conflicts with a human doctor’s judgment? Who decides?”.

    Dr. Anton’s keynote address was much appreciated by everyone as it was very insightful and about Gen AI which is transforming economies and societies. While interacting with the media, Dr. Anton thanked AsiaOne for conferring the award on him.  He said that “Such forums and awards inspire us to do more for society, particularly by leveraging AI for positive impact.”

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  • Roadeeto – Daily Tiffins That Feel Like Home

    Roadeeto – Daily Tiffins That Feel Like Home

    New Delhi [India], May 5:In the middle of work deadlines, traffic jams, and everyday chaos, one thing should always remain simple: your food.

    But cooking every day isn’t easy. Eating out isn’t healthy. And skipping meals? That’s never the answer.

    That’s why thousands are switching to Roadeeto—a trusted tiffin service that delivers fresh, home-style meals to your doorstep every single day. No fuss, no guilt, just good food you can count on.

    What is Roadeeto All About?

    Roadeeto was created with one purpose: to make everyday eating easy, healthy, and reliable. Whether you’re a student living away from home, a busy professional, or a family managing a hectic routine, Roadeeto ensures you always have a hot, wholesome meal ready when you need it.

    We’re not a restaurant. We’re not fast food. We are your go-to daily meal partner—serving balanced, homemade-style food that fuels your body and comforts your soul.

    Why Roadeeto? Here’s What Sets Us Apart

    Home-Cooked Taste, Always

    Our meals are cooked fresh every day using traditional recipes and clean ingredients. They’re light, tasty, and easy to digest—just like what you’d get at home.

    Clean, Safe, and Hygienic

    We follow strict hygiene practices at every step—from kitchen prep to delivery. Your health is our top priority.

    Neatly Packed, Freshly Delivered

    Your tiffin arrives hot, sealed, and ready to eat. No more waiting, reheating, or worrying.

    Right on Time, Every Time

    We know your schedule matters. Roadeeto delivers your meals punctually so you can eat when you’re supposed to.

    Flexible Meal Plans

    Need meals every day? Only lunch or dinner? Just for weekdays? We offer customizable plans to suit every lifestyle.

    The Roadeeto Promise

    We don’t just fill plates. We fill lives with convenience, care, and comfort. Our customers stay with us because we deliver consistency—meals that feel familiar, healthy, and dependable.

    Roadeeto is here to change the way you think about daily eating. No more compromises. Just real food for real life.

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  • Manoj Jewellers Limited IPO Opens On 5th May 2025, Closes on 7th May 2025

    Manoj Jewellers Limited IPO Opens On 5th May 2025, Closes on 7th May 2025

    New Delhi [India], May 5: Manoj Jewellers Limited has announced its plan to go public with an Initial Public Offering (IPO) on May 5th 2025, closing on May 7th 2025, aiming to raise up to ₹ 16.20 Cr with shares to be listed on the BSE SME PLATFORM.

    The issue size is 30.00 Lakhs equity Shares at a face value of ₹ 10 each.

    Manoj Jewellers Limited

    Incorporated in 2007, Manoj Jewellers Limited is engaged in the retail and wholesale business of various jewellery and ornaments made out of gold and diamonds studded with precious and semiprecious stones.

    They are particularly known for their wide range of gold jewellery that includes items such as earrings, rings, necklaces, bracelets, and pendants.

    Key Highlights:

    • Total Issue Size – 30.00 lakh equity shares of ₹ 10 each (aggregating up to₹20 Cr)
    • Fixed Price Issue of ₹20 Cr
    • Price – ₹54 per share
    • Lot Size – Retail- 2000 Equity Shares and in multiples of 2000 Equity Shares thereafter.

    The company ensures product quality through strict procedures, timely delivery, and competitive prices. It offers regular designs, guarantees on-time delivery, and BIS hallmarked jewellery for customer confidence in purity.

    The company offers a range of jewellery, including chains, rings, earrings, pendants, bracelets, necklaces, bangles, and wedding jewellery. It operates two showrooms at No. 59, NSC Bose Road, Sowcarpet and 16 Ranganathan Kilpauk, Chennai, Tamil Nadu.

    Equity Share Allocation

    Total Issue Size (Fresh Issue): 30.00 Lakhs equity shares (Aggregating up to 16.20 Cr)

    Market Maker Quota        :  1,52,000 shares

    Retail Quota                         : Not less than 50% of the Net Issue

    Others Quota                      : 50% of the Net Issue

    Price per Share                   : ₹ 54

    Lot Size                                 : 2,000 Shares

    IPO Size                                : 30.00 Lakhs equity shares (aggregating up to₹ Rs. 16.20cr.)

    Pre-Issue No. of Shares of Promoter & Promoter Group: 94.99% shares

    Post Issue No. of Shares of Promoter & Promoter Group: 63.28% shares

    Issue opens on:                   Monday, May 5, 2025

    Issue closes on:                   Wednesday, May 7, 2025

    Tentative Listing Date:     Monday, May 12, 2025

    Listing at:                              BSE SME PLATFORM

    Objects of the issue:

    The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

    1. Repayment /prepayment of certain borrowings availed by the company
    2. General Corporate Purposes

    Jawa Capital Services Private Limited is the book-running lead manager of the Manoj Jewellers IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Manoj Jewellers IPO is Shreni Shares Limited.

    Financial Performance:                      ( in Lakhs, otherwise mentioned)

    Key Performance Indicator 31-Dec-24 31-Mar-24 31-Mar-23 31-Mar-22
    Revenue from Operations 4,294.76 4,335.11 1,363.01 675.18
    Revenue from Operation Growth % 32.09% 218.05% 101.87% -3.06%
    EBITDA 674.93 571.7 203.51 164.87
    EBITDA Margin (%) 15.72% 13.19% 14.93% 24.42%
    Restated Profit After Tax 376.66 324.13 62.36 36.47
    PAT Margin (%) 8.77% 7.48% 4.57% 5.40%
    Net Worth 1356.54 979.88 655.74 243.38
    Capital Employed 2866.47 1860.24 1323.97 1421.98
    ROE (%) 42.99% 39.63% 13.87% 16.20%
    ROCE (%) 30.77% 30.57% 14.72% 10.72%
    EPS 8.39 5.42 1.14 0.69

    (Note: ROE, ROCE & EPS figures have been annualised for the period 31st December 2024)

    Disclaimer:

    Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

    This announcement is for information purposes only. This is not a prospectus announcement and does not constitute an invitation or offer to acquire, purchase or subscribe to securities of the Company.

    For full prospectus, kindly go through the BSE website https://www.bseindia.com/ and the Company Website https://manojjewellerslimited.com/

     

  • National Coal Miners’ Day: Vedanta Reaffirms Safety With Smart Mining Solutions

    National Coal Miners’ Day: Vedanta Reaffirms Safety With Smart Mining Solutions

    Bhubaneswar (Odisha) [India], May 3: Leading the integration of advanced technologies to elevate safety standards across its mining operations, India’s largest aluminium producer Vedanta reaffirms its steadfast commitment to the safety and well-being of mining workforce at its Jamkani coal mines in Odisha on the occasion of National Coal Miners’s Day.

    Notably, Vedanta’s first greenfield coal project is Jamkani coal mines in Odisha.

    Vedanta Aluminium CEO Rajiv Kumar stated, “Safety and well-being of our workforce is a non-negotiable priority. On Coal Miners’ Day, we are proud to lead AI and technology innovations that are redefining safety standards in mining and reflecting our commitment to building smart, secure and sustainable operations.”

    The CEO further stated that Vedanta Aluminium’s proactive adoption of AI and drone technologies underscores its commitment to creating a Zero-Harm culture and nurturing a safe, future-ready workforce. These initiatives align with the Mines Act, 1952 which mandates robust safety, health and emergency response measures.

    These initiatives mark the deployment of an AI-powered, drone-based surveillance system. This cutting-edge solution enables real-time aerial monitoring of a 500-meter blasting zone, automatically detecting and recording the presence of humans, animals and vehicles.

    The system also facilitates live streaming and instant alerts in case of unauthorized access or anomalies, ensuring swift and proactive corrective action.

    Launched in collaboration with Vedanta’s Spark Innovation Programme, the drone system also supports two-way audio communication between officials, drone pilots, and the blasting officer, improving coordination and operational efficiency.

    Vedanta Aluminium has further piloted drone-based stockpile volumetric analysis at its company’s Jamkani coal mines. This system analyses the entire stockyard and delivers comprehensive reports within 12 hours significantly faster and safer than traditional methods.

    Importantly, it eliminates the need for placing personnel in potentially hazardous areas.

    Since mining vehicles are key to transporting goods from the mines and the safety of drivers who operate these vehicles is also paramount to Vedanta, the company has designed a fatigue monitoring system which is designed to enhance driver safety by providing real-time alerts as a first line of response in cases of drowsiness, mobile phone usage and other distractions.

    By promptly notifying drivers of unsafe behaviours, the system helps prevent accidents and ensures the safe and efficient operation of mining vehicles.

    For vehicle safety, Vedanta has also installed a proximity-based collision avoidance system. This innovation enhances vehicle safety by detecting blind spots in front of the vehicle and issuing real-time alerts to drivers.

    By increasing driver awareness of potential hazards, the system helps prevent collisions and supports safe operational practices within the mining environment.

    The company is also actively piloting several other digital safety technologies at Jamkani, including an AI-powered safety non-compliance detection system that uses smart CCTV to flag real-time violations.

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  • Azad Engineering Signs Dollar 53.5M Long-Term Deal with GE Vernova

    Azad Engineering Signs Dollar 53.5M Long-Term Deal with GE Vernova

    Hyderabad (Telangana) [India], May 5: Azad Engineering, a global leader in precision engineering, has announced the signing of an additional long-term supply contract with GE Vernova’s Steam Power Services business unit. The contract, valued at $53.5 million, will span six years till 2030.

    This additional contract is a key milestone following the recent inauguration ceremony of Azad Engineering’s 7,600 sq. mts. lean manufacturing facility dedicated to meeting volume capacity obligations of Azad Engineering in Tunikibollaram, Hyderabad, India.

    Under this contract, Azad Engineering will manufacture and supply highly engineered and complex rotating and stationary Airfoils for advanced nuclear, industrial, and thermal power industries.

    This milestone strengthens Azad Engineering’s existing strategic long-term relationship with GE Vernova’s Steam Power Services business unit positioning their company as a trusted supplier of high performance parts/systems for their advanced turbine systems and essential industries.

    Mr. Rakesh Chopdar, Chairman and CEO of Azad Engineering expressed his views, “The $53.5 million additional long-term contract with GE Vernova’s Steam Power Services business unit represents a significant milestone in our strategic relationship that dates back to 2013. This contract also coincides with the recent inauguration of our lean manufacturing facility at Azad’s Centre of Excellence & Innovation Centre in Tunikibollaram, Hyderabad, designed specifically to meet capacity commitments to GE Vernova’s Steam Power Services business unit. This achievement reflects remarkable perseverance throughout our collaboration. We’ve overcome rigorous qualification processes, mastered precision tolerances measured in microns, and conquered numerous engineering challenges. Years of technological advancement, specialized equipment investments, and unwavering determination have brought us here, even when facing demanding timelines and specifications. This six-year agreement through 2030 strengthens our position in the global power generation supply chain and validates our precision engineering capabilities for critical applications. The contract reinforces our commitment to investing in advanced manufacturing capabilities and skilled talent, enabling us to deliver highly engineered Airfoils for nuclear, industrial, and thermal power industries worldwide. We look forward to continuing our journey with GE Vernova’s Steam Power Services business unit, delivering precision, quality, and innovation that power essential infrastructure globally.”

    The company has been making significant investments in expanding its manufacturing capabilities as part of Azad Engineering’s strategic focus on long-term partnerships with global OEMs across aerospace, defence, energy, and oil & gas sectors.

    This contract further enhances Azad Engineering’s growing portfolio of long-term agreements with leading global OEMs, reinforcing the company’s position as a key player in the precision manufacturing landscape.

    About Azad Engineering: 

    Established in 2008 by visionary entrepreneur, Mr. Rakesh Chopdar, Azad stands at the forefront of global precision manufacturing, specialising in highly engineered, complex, mission- and life-critical components for the Aerospace & Defence, Energy, Oil & Gas and Industrial Technology sectors. The company is revolutionising the global precision manufacturing industry by leveraging cutting-edge technology and state-of-the-art infrastructure. With over 15 years of operational excellence, Azad serves as a trusted Tier 1 supplier to the world’s leading OEMs across 17 countries and has established a comprehensive ecosystem designed to effectively meet their ever-evolving needs. This holistic approach ensures the delivery of unparalleled quality and innovation while also fostering the long-term growth and sustainability of partnerships. By continuously pushing the boundaries of precision manufacturing, Azad is pioneering a new era of global engineering excellence.

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  • Montaxe: India’s Leading Adventure Travel Company

    Montaxe: India’s Leading Adventure Travel Company

    New Delhi [India], May 3: Adventure Tourism in India has gained significant popularity in recent years, drawing lakhs of travel enthusiasts to its mountains, forests, and rivers in search of thrill and tranquility. The Himalayas, in particular, offer some of the world’s most breathtaking treks and offbeat travel experiences.

    One such company at the forefront of this movement is Montaxe, a Uttarakhand based adventure travel company making waves with its authentic and locally-led expeditions across Himalayas.

    Montaxe is a mountain-based travel company born and brought up in the Himalayas, providing immersive outdoor experiences. It blends modern safety standards with deep-rooted local knowledge, creating unique adventures that go beyond commercial travel.

    “We’ve built Montaxe from the ground up, right here in the heart of the Himalayas. Our team is made up of skilled and experienced local outdoor experts—people who know every inch of these mountains, not from maps, but from a lifetime of living them. Our mission is simple: to deliver authentic, safe, and soul-stirring outdoor experiences that only true mountain natives can offer.” said Shivam Rana, Director, Montaxe 

    Treks and Trails by Montaxe

    Montaxe offers handpicked trekking experiences across the Pan-Himalayan belt—spanning Kashmir, Ladakh, Uttarakhand, Himachal Pradesh, Sikkim, and Nepal. Each trek is crafted to showcase the beauty, culture, and challenges of the region, with expert guidance at every step.

    Popular trails include high-altitude treks like Pangarchulla, Goechala, Bali pass, Gaumukh-Tapovan, Kashmir Great Lakes, and along with the iconic Everest Base Camp trek. In Uttarakhand, treks like Tungnath-Chandrashila, Brahmatal, Kedarkantha, Kuari Pass, Nag TibbaSarutal and Gulabi Kantha attract first-timers and seasoned trekkers alike.

    Every trek is led by certified trek leaders, with a strong focus on safety, local engagement, and environmental sustainability.

    Road Trips by Montaxe

    Montaxe also curates road trips to offbeat destinations across Uttarakhand and Himachal. These road expeditions are designed for travelers looking to explore lesser-known valleys, remote villages, and untouched mountain roads.

    Destinations like Harsil Valley, Niti Valley, Munsiyari, Darma Valley, and Spiti Valley offer the perfect escape for those seeking solitude, culture, and stunning Himalayan landscapes. The trips include scenic stays, local cuisine, and storytelling from native hosts.

    Montaxe ensures that each road trip is more than a drive—it’s a deep cultural and natural immersion.

    Sherpa by Montaxe

    Montaxe’s Outdoor Learning Programs are among the most trusted in North India. The Mini Sherpa course is designed especially for school students and includes both in-campus and 2–5 day outdoor modules.

    The in-campus version introduces young learners to survival skills, navigation, first aid, and mountain ethics through fun, interactive sessions.

    For advanced learners and institutions, Montaxe runs the Pro and Elite Sherpa programs. These 3–6 day courses are designed for school, college, and corporate groups, focusing on leadership, team-building, and resilience in the outdoors.

    Participants experience activities like trekking, river-crossing, rappelling, and group challenges—all in the heart of the Himalayas. These programs are not just about outdoor skills but also about shaping responsible, confident individuals.

    Montaxe’s Outdoor Learning wing is backed by certified trainers from NIM (Nehru Institute of Mountaineering) and other prestigious mountaineering institutes, ensuring safety, learning, and transformation through the power of nature.

    Montaxe is certified by the Indian Mountaineering Foundation (IMF) and registered with the Uttarakhand Tourism Development Board, ensuring the highest standards of training and safety.

    The company also holds registration under India’s MSME scheme, further cementing its status as a professional and trusted player in the adventure tourism industry.

    Montaxe isn’t just another travel company—it’s a Himalayan experience led by locals who know the terrain like the back of their hand. Born and raised in Uttarakhand, the team at Montaxe treats every traveler like family and every trip like a journey home.

    With Montaxe, you explore hidden trails, ancient temples, local legends, and untouched landscapes that only insiders can show you.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • The Vision and Leadership Behind Ozone Group: Pioneering Excellence in Real Estate and Philanthropy

    The Vision and Leadership Behind Ozone Group: Pioneering Excellence in Real Estate and Philanthropy

    Aligarh (Uttar Pradesh) [India], May 3: Mr. Parveen Mangla is deeply committed to building a society where everyone has access to the essentials of a contented life—food, clothing, housing, and their fundamental rights. Though he could have considered settling abroad, his lifelong ambition has been to make India as livable and convenient as any developed nation.

    His core philosophy centers on nurturing communities with clean air, pure water, abundant greenery, peace, and a disciplined lifestyle.

    Humble Beginnings and Early Struggles

    Born in the village of Hasanpur in Haryana’s Palwal district, Parveen Mangla is the youngest of four siblings. He learned the fundamentals of business early, working at his father and elder brother’s clothes and tools shop. Known for his pleasant and straightforward nature, Parveen moved with his family to the industrial city of Faridabad in 1983, where his father began a hardware and plumbing supply business.

    In 1988, while Parveen was in Class 10 at a government school, tragedy struck—their father passed away in an automobile accident. Despite being a student and running his own small company, Parveen started helping his elder brothers manage their cleaning business. Due to the demanding schedule, he had to drop out of upper secondary school. In 1991 and 1994, the family business was divided, and Parveen began working independently, commuting daily on a second-hand motorcycle and train to Chawri Bazaar in Delhi to procure sanitary fittings and supply them to Faridabad retailers.

    Entrepreneurial Journey: From Supplier to Builder

    His commitment and hard work soon paid off. Within six months, he transitioned from a supplier to a stockist and launched his own business under the name P.K. Enterprises. He got married in 1995, and in 1996, his friend Sanjeev Madaan joined him as a business partner. Parveen took charge of public relations, marketing, and procurement, while Sanjeev handled the technical and legal aspects. Their partnership has thrived for more than 26 years.

    By 1998, their sanitary business was booming, catering to both retailers and contractors. In 2000, Parveen started subcontracting work, laying sanitary pipelines and fittings for a college building in Bhiwani.

    He entered the construction field in 2002, developing two floors on a 250-square-yard plot. His projects quickly expanded—from one to two, then four, eight, and eventually 16 plots—resulting in around 200 flats constructed in Faridabad over three years.

    Foundation of Ozone Builders and Township Expansion

    In 2005, he officially established Ozone Builders and Developers Pvt. Ltd. The following year, he launched a township project named Park City in Alwar, Rajasthan, followed by a ropeway and resort project in Sahastradhara, Dehradun, in 2008.

    In 2009, he inaugurated the Ozone City township in Aligarh. By 2011, construction commenced on Ozone House in Faridabad, while multiple phases of Ozone City were launched. Despite challenges such as the economic slowdown and the COVID-19 pandemic, development continued steadily. By 2024, approximately five phases had been successfully completed, with applications for the completion of additional phases submitted shortly thereafter.

    In 2022, a luxurious 12-acre society named The Golden Estate was launched within Ozone City, offering exclusivity, luxury, and tranquillity. The society features modern amenities, lush surroundings, and a secure gated environment. It showcases a new concept of luxury resort living where the idea is to give the residents a luxury vacation vibe all year long, right at their homes. It includes a 5-star concierge service just like ones at any other hotels or resorts, where everything is just a call away.

    Numerous HNIs of Aligarh purchased residences at the Golden Estate which included the Indian cricketer Rinku Singh, who became the first resident, reflecting the project’s prestige.

    In 2024, construction of Samsara Apartments began in Ozone City, comprising 160 high-quality yet affordable flats with modern facilities. This milestone further established Ozone City as Aligarh’s biggest township and the most ambitious project by a real estate developer in Aligarh.

    Ozone Group

    In 2025, Ozone City boasts 800+ happy residents and 2500+ total units sold since its foundation. It is the fastest-growing township with the biggest land bank among others in Aligarh and nearby areas. The return on investments have been phenomenal for the investors, with over 80% capital gain in just past 3 years.

    Ozone Group: A Legacy of Excellence

    Under the leadership of Mr. Parveen Mangla, Ozone Group has evolved into a multi-faceted organization known for innovation, reliability, and a customer-centric approach. The group includes:

    1. Ozone Builders & Developers Pvt. Ltd.

    A leading name in real estate, it launched the landmark 250-acre Ozone City in 2008, revolutionizing urban living in Aligarh with modern infrastructure and green landscapes.

    1. Ozone Infraheight Pvt. Ltd.

    Launched The Golden Estate in 2022, a premium residential development catering to those who value luxury and privacy. It represents the pinnacle of high-end living in Aligarh.

    1. Ozone Foundation and Charitable Trust

    Philanthropy is central to Ozone Group’s mission. The Foundation supports education, healthcare, and sports initiatives, offering scholarships, medical assistance, and community services with lasting impact.

    1. Shree Ganpati Sagar Hill Rise Rope Ladder Pvt. Ltd.

    This division enhances tourism by operating the Manideep Resort and Ropeway in Sahastradhara, Dehradun and Mussoorie, offering scenic views and improved accessibility.

    1. Arete Construction Pvt. Ltd.

    This arm oversees premium housing and commercial projects, combining durability, aesthetics, and function to reshape urban environments.

    1. Acumen Maintenance Services Pvt. Ltd.

    Responsible for ongoing property management, it ensures efficient maintenance, including security, electricity, plumbing, and more.

    A Commitment to Social Responsibility

    Mr. Parveen Mangla is not only a business leader but also a respected pillar of society and a philanthropist. He actively contributes to social welfare through leadership roles in various organizations:

    • Chairman, CREDAI Aligarh Chapter, Uttar Pradesh
    • Major benefactor, Rotary Club Aligarh
    • Founder, Ozone Foundation and Charitable Trust
    • Former President, Kiwanis Jewels International
    • Senior Patron of:

      –  Maharaja Agarsen Samit

      – Akhil Bhartiya Vaishya Samaj

      – Vyapar Sangharsh Samiti

      – Rojgar Bharti

      – Bharat Vikas Parishad

      – Shri Ramlila Gaushala Committee

      – Shri Agrawal Yuva Sangathan

      – Shri Agrawal Sabha

    His active role in these groups underscores his commitment to community upliftment, economic empowerment, and cultural preservation. His efforts have played a significant part in Aligarh’s transformation into a smart city.

    United We Stand: The Strength of Teamwork

    Success in real estate requires visionary leadership and a dedicated team. Mr. Parveen Mangla, along with Ozone Group’s senior management, believes in collaboration and shared purpose.

    Key Leadership Members:

    – Mr. Parveen Mangla – Chairman & Managing Director

    – Mr. Sagar Mangla – Director

    – Mr. Naman Mangla – Marketing Head

    Looking Ahead: The Future of Ozone Group

    Despite various challenges, Ozone Group has achieved remarkable success in a short span. With a focus on innovation, sustainability, and community development, it continues to be a beacon of trust and progress.

    Ozone Group isn’t just building structures—it’s building the future. With advanced technology, eco-friendly practices, and a customer-first philosophy, it remains the most reliable real estate developer in Aligarh.

    Final Thought

    Ozone Group’s journey is a testament to ambition, service, and excellence. Under Mr. Parveen Mangla’s visionary leadership, the company has transformed landscapes and inspired future entrepreneurs.

    With eyes on the future, Ozone Group builds more than properties—it builds trust, relationships, and a legacy.

    Contact Details:

    Phone: 781-789-1010

    Address:

    Ozone Club, Ozone Road, Aligarh, Uttar Pradesh 202001

    Websites:

    www.ozonebuilders.com 

    www.ozonecity.in 

    www.thegoldenestate.in

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