• The company received Town Planning Clearance, Land Registration, Gram Panchayat approval and the Non-Agricultural order for setting up an AAC plant on the acquired land.
• The company acquired 57,500 square meters of land for expansion for Rs. 6 crore to strengthen the company’s presence in Madhya Pradesh and nearby regions.
• StarBigBloc is targeting Rs. 428 crore revenues by FY27–28, with a projected EBITDA of Rs. 125 crore and net profit of Rs. 80 crore.

Surat (Gujarat) [India], April 24: StarBigBloc Building Material Ltd, a wholly-owned subsidiary of BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks and ALC Panels in India has received all key approvals for its upcoming project in Indore, Madhya Pradesh. These include Town Planning Clearance (TPC), Land Registration, Gram Panchayat approval, and the Non-Agricultural (NA) order for the acquired land. With these clearances in place, the company is set to establish India’s largest greenfield AAC Blocks manufacturing facility at the proposed site, marking a major milestone in its expansion strategy and reinforcing its leadership in the sustainable building materials space.

Earlier in Feb 2025, the company acquired approximately. 57,500 sq. mts. land at Khasra No. 382, 387, 389/2, Gram Nimrani, Tehsil Kasrawad, District – Khargone, Madhya Pradesh for the purpose of AAC Blocks business expansion in central India. The total consideration for the land deal is Rs. 6 crores and Stamp duty. The company aims to build India’s largest greenfield facility for AAC blocks at the site.

StarBigBloc Building Material Ltd currently operates a manufacturing facility in Kheda, near Ahmedabad, with an installed capacity of 250,000 cubic meters per annum. This plant effectively caters to a broad market, covering major parts of Gujarat and extending its reach to Udaipur in Rajasthan and Indore in Madhya Pradesh. In the third quarter, the company achieved a healthy capacity utilization of 75%. With plans underway for capacity expansion, StarBigBloc is poised to strengthen its footprint across Madhya Pradesh and neighboring regions.

Mr. Mohit Saboo, Director and Chief Financial Officer, Bigbloc Construction Ltd, said, “We are happy to receive all the necessary approvals for the new plant in Madhya Pradesh and plan to start the work on the same soon. The AAC block industry is set to play a pivotal role in India’s construction sector, and our company is ready for a significant leap forward. The proposed expansion in Indore, Madhya Pradesh aligns with our growth strategy, focusing on geographic expansion, R&D investments, product diversification, and strategic branding and marketing initiatives to enhance visibility, increase market share, and strengthen stakeholder trust.”

BigBloc Construction Ltd has recently diversified into the construction chemicals segment, launching a range of high-demand products including Block Jointing Mortar, Ready Mix Plaster, and Tile Adhesives. Strengthening its presence in this space, the company introduced NXTGRIP Tile Adhesives, complementing its well-established NXTFIX and NXTPLAST brands. These products are engineered to deliver enhanced bonding, durability, and performance — aligning with the company’s commitment to innovation and quality in building solutions.

In May 2024, the Board of Directors of StarBigBloc Building Material Ltd approved a proposal to raise funds through an SME IPO or Preferential Issue, subject to necessary approvals and prevailing market conditions. The proposed fundraising will support the company’s ambitious expansion plans, aimed at increasing its production capacity from the current 250,000 cubic meters per annum to over 1.2 million cubic meters per annum over the next 4–5 years. As part of its growth roadmap, the company is targeting revenues of Rs. 428 crore by FY27–28, with a projected EBITDA of Rs. 125 crore and net profit of Rs. 80 crore. For FY23–24, StarBigBloc reported revenues of Rs. 94.18 crore, reflecting a strong CAGR of over 21% over the past four years — underlining its consistent growth and operational strength.

About BigBloc Construction Ltd

Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed AAC block manufacturer in India, with a 1.3 million cbm annual capacity across plants in Gujarat (Kheda, Umargaon, Kapadvanj) and Maharashtra (Wada). The company, which markets its products under the ‘NXTBLOC’ brand, is one of the few in the AAC industry to generate carbon credits. With over 2,000 completed projects and 1,500+ in the pipeline, The company’s clients include Lodha, Adani Realty, IndiaBulls Real Estate, DB Realty, Prestige, Piramal, Oberoi Realty, Tata Projects, Shirke Group, Shapoorji Pallonji Group, Raheja, PSP Projects, L&T, Sunteck, Dosti Group, Purvankara Ltd, DY Patil, Taj Hotels, Godrej Properties, Torrent Pharma, GAIL among others.

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Ahmedabad (Gujarat) [India], April 23: Rajesh Power Services Limited (BSE Code: 544291), a prominent EPC contractor in the power transmission & distribution segment, has received fresh orders of Rs. 1,116 crores from a combination of government and institutional clients, underscoring the company’s robust capabilities and growing presence.

The newly secured contracts include a turnkey-based contract for the supply, installation, testing and commissioning of 11/22kV HT underground (cable) and overhead (MVCC) networks in Gujarat, and design, engineering, manufacturing, supply, erection, testing and commissioning of 220/66kV GIS/AIS substations in the state. The orders also include contracts for the supply, erection, testing and commissioning of 132kvV66kV underground cable in Gujarat.

Key Highlights:

• ₹1,116 crore in new orders secured by Rajesh Power Services from government and institutional clients.
• IPO in Nov 2024 at ₹335; shares now at ₹1,268.60
• SME company delivering mainboard-level performance.

The projects are expected to be completed within 12 to 18 months, providing strong revenue visibility and operational momentum for Rajesh Power Services.

Although classified as an SME company, Rajesh Power Services continues to deliver performances on par with companies listed on the mainboard. The receipt of such a significant order reinforces the company’s strong operational and financial potential. With this development, there is a high possibility of excellent financial results in the upcoming quarters.

Rajesh Power Services came out with its Rs. 160.50 crore IPO in November 2024 by issuing shares at Rs. 335 apiece. The shares have delivered Multi-baggers returns since and price closed at Rs. 1,268.60 on Wednesday. The company’s market cap was Rs. 2,284 crores.

About Rajesh Power Services Limited (RPSL):

RPSL is one of the leading specialized Engineering, Procurement & Construction (EPC) companies engaged in the Power Transmission & Distribution Sector. RPSL provides its services across various verticals, including Turnkey execution of GIS Substations, AIS Substations, Extra High Voltage Power Cables and Transmission Lines, and the Construction of Distribution Systems. A concentrated, customer-focused approach and the mission to deliver top-class quality have enabled RPSL to maintain its position in its core business area for over five decades. The company caters to government and institutional customers across India.

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Surat (Gujarat) [India], April 22:  Raisin, one of India’s fastest-growing contemporary ethnic and fusion wear brands, marked a major milestone with the grand opening of its first Exclusive Brand Outlet (EBO) in Surat. The celebratory launch was graced by popular actress Nitanshi Goel, who inaugurated the store and added a glamorous touch to the brand’s historic moment.

Known for its timeless yet modern design sensibility, Raisin’s new flagship store is a physical embodiment of its vision—an immersive retail space that blends elegance, comfort, and contemporary ethnic fashion for the new-age Indian woman.

Speaking at the event, Vikash Pacheriwal, Co-Founder of Raisin, said,

“Opening our first EBO in Surat—the city where it all started—is a proud and emotional moment for us. This store represents everything Raisin stands for, and with Nitanshi joining us, it truly feels like a celebration of dreams turning into reality.”

Atul Gupta, Franchise Partner of the Surat store, added,

“I’m thrilled to be part of Raisin’s journey and to bring this flagship experience to life. This is not just a store, it’s a gateway to the future of fashion retail in India, and we can’t wait to welcome our customers.”

With over 250 Multi-Brand Outlet (MBO) touchpoints across India, Raisin’s leap into the EBO format signals a bold new phase. The Surat flagship store offers the complete Raisin collection—from elegant ethnic sets and everyday essentials to stylish fusion pieces—catering to the versatile wardrobe needs of modern Indian women.

As part of its growth roadmap, Raisin plans to launch 25 more EBOs across the country by March 2026 and is actively inviting franchise partners to join its expansion journey.

The grand launch event saw an enthusiastic turnout of customers, influencers, and media, making it a landmark day for the brand as it continues its evolution from a homegrown label to a national fashion force.

New Delhi [India], April 22: A distinguished celebration of artistic excellence and legacy took place on the occasion of the 30th death anniversary of Bimal Das Gupta with the launch of ‘Bimal Das Gupta: An Ode to a Legend’ in an augmented edition. This special edition showcases the extraordinary life, work, and legacy of Bimal Da’, the revered Father of Indian Abstractionism. This exquisite publication has been meticulously curated by Gallery Silver Scapes under the masterful guidance of Vikram Mayor, Art Curator, whose expertise has been instrumental in bringing together this comprehensive tribute. Dhoomimal Gallery has also played a significant role in curating this publication.

An artistic masterpiece, it delves into the fascinating world of a trailblazer who revolutionized the Indian art landscape with his innovative approach to abstraction. It is a testament to Das Gupta’s profound influence on Indian modernism, featuring essays by eminent art historians and critics, as well as personal reminiscences from fellow artists who had the privilege of knowing him.

This book is a must-have for all art enthusiasts seeking to deepen their understanding of Indian modernism and the pivotal role Das Gupta played in shaping its trajectory. With its stunning visuals and insightful narratives, this book is a visual feast that showcases Das Gupta’s works spanning several decades, from his early figurative paintings to his later, more experimental abstractions.

As the pioneer of Indian abstraction, Das Gupta’s artistic journey was marked by a series of transformative moments that not only shaped his identity as an artist but also paved the way for future generations of Indian artists. Through his visionary approach, he pioneered a distinctive aesthetic that infused Indian art with modernity, forging a unique paradigm that has had a profound and lasting impact on the Indian art world, shaping the course of modern Indian art.

Vikram Mayor, Art Curator of Gallery Silver Scapes, remarks,“Bimal Das Gupta’s artistic journey was a testament to his innovative spirit and ability to push traditional mediums’ boundaries. Through this publication, readers can access a rich body of work, which cements his legacy as a visionary in Indian art. His work continues to inspire new generations of artists, and this book is a fitting tribute to his enduring legacy.”

“Curating this book was a labor of love, and our team at Gallery Silver Scapes worked tirelessly to bring together Das Gupta’s most iconic works. We were supported every step of the way by our partners at Dhoomimal Gallery, and together, we created a publication that truly does justice to Das Gupta’s legacy,” adds Mayor. “Gallery Silver Scapes has always been committed to celebrating the masters of Indian art, and this publication is a testament to that commitment. We’re proud to have worked together to bring this book to life, and we believe it will be a valuable resource for art enthusiasts and scholars alike,” he concludes.

The book’s accompanying essays provide a deeper understanding of Das Gupta’s artistic praxis, situating his work within the broader context of Indian modernism. The National Gallery of Modern Art (NGMA) has also contributed images from its permanent collection, reinforcing the idea that Das Gupta’s work has earned a permanent place within the canon of Indian art history. As we celebrate the life and work of this visionary artist, we are reminded that Bimal Das Gupta’s influence extends far beyond his artistic output. He was a mentor, a guide, and a tireless advocate for the next generation of Indian artists. His legacy continues to inspire and shape the future of Indian art, ensuring that his impact will be felt for generations to come.

Furthermore,Uday Jain, Art Curator of Dhoomimal Gallery, states,“I had the privilege of knowing Bimal Das Gupta personally, and I can attest to his generosity, wisdom, and passion for art. This book is a must-read for anyone interested in Indian modernism, as it offers a nuanced exploration of Das Gupta’s artistic development and his contributions to the Indian art world.”

Through this book, ‘Bimal Das Gupta: An Ode to a Legend’, we are invited to embark on a fascinating journey through the life and work of Bimal Das Gupta, a journey that not only illuminates the development of Indian modernism but also honors the enduring contributions of a true pioneer. As we delve into these pages, we are reminded of the profound impact and influence of Das Gupta’s work, inspiring continued exploration of the rich and diverse landscape of Indian modern art.

The book is now available on Amazon and other online platforms, offering art enthusiasts the opportunity to experience the masterful curation of Vikram Mayor and Gallery Silver Scapes. With its stunning visuals, insightful narratives, and nuanced exploration of Das Gupta’s artistic development, this book is a must-have for anyone interested in Indian modernism.

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Surat (Gujarat) [India], April 22: Shree Ramkrishna Exports, a global leader in the natural diamond industry, marked its 61st anniversary with the grand celebration of “Parivarotsav 2025”, showcasing its commitment to values, sustainability and people-centric growth.

The event brought together government functionaries, thought leaders, and industry veterans to celebrate SRK’s extraordinary journey. The highlight of the occasion was the inauguration of two solar power projects, a 6 MW plant in Akala village and a 0.814 MW facility in Amod. These projects will supply clean energy to SRK’s state-of-the-art diamond manufacturing units, SRK Empire and SRK House. These projects represent a significant step in the company’s mission to achieve net-zero emissions and reinforce its leadership in energy-efficient and sustainable business practices.

Union Minister for Labour and Employment Mansukh Mandaviya commended SRK’s role in nation-building and environmental responsibility, saying, “In India, service is a cultural value, and the spirit of family sustains our traditions. SRK’s Parivarotsav showcases how collective identity and family values can drive corporate and societal progress.”

He added that India provided vaccines to 150 countries during the COVID-19 pandemic, guided by the principles of “Vasudhaiva Kutumbakam”, i.e. the world is one family.

Leading an insightful dialogue on truth, integrity and leadership, eminent journalist and media personality Rajat Sharma said, “Govindbhai Dholakia has shaped individuals and turned them into heroes. His treatment of employees as family is what sets SRK apart.”

Renowned spiritual and motivational speaker Jaya Kishori captivated the audience with her thoughts on devotion, purpose, faith, and meaning in everyday life, and reinforced the emotional and ethical foundation of SRK’s corporate culture.

“Nothing is more your own than your family. The feeling of connectedness is what gives meaning to life and work,” she said.

Speaking at the event, SRK Group Founder and Chairman Govindbhai Dholakia said, “Our growth has been guided by purity in purpose and lifestyle. In our organisation, no one is addicted or exploitative. This disciplined, simple way of working is what drives our continued success.”

The event also included personal testimonies from SRK employees. In a touching gesture, the company offered Rs. 20 lakh in financial assistance to the families of employees who passed away unexpectedly, demonstrating SRK’s commitment to holistic employee welfare.

SRK’s facilities are now recognised as the world’s first net-zero energy certified buildings within the diamond sector. The company has continued to lead not just through technological advancement and craftsmanship, but through a values-driven approach rooted in devotion, ethics, and long-term relationships.

With April marking both SRK’s founding month and the birthstone month of diamonds, Parivarotsav 2025 served as a fitting tribute to the company’s legacy.

Ahmedabad (Gujarat) [India], April 21:  When it comes to Tuver Dal, one name stands out across households — Rentio Tuver Dal. This iconic brand has completed an impressive 90-year journey and marked the milestone with a grand celebration on Sunday at Hotel Hyatt, Vastrapur, Ahmedabad.

Speaking on the occasion, Sheetal Chokhawala, Vani, CEO of Rentio Tuver Dal, shared that the brand was founded in 1935 in Navapur — a region that was then part of North Maharashtra, long before the independence of India and the formation of Gujarat and Maharashtra as individual states. Over the decades, Rentio has become a trusted name in traditional desi Tuver Dal, earning the loyalty of consumers across generations.

The event featured a full day of celebrations, bringing together distributors, retailers whole sellers, business partners, and special guests who have been an integral part of the brand’s journey. The program highlighted the legacy of Rentio Tuver Dal, tracing its evolution and success over nine decades.

About Rentio Tuver Dal:

• Established: 1935 in Navapur, Maharashtra
• Daily Production: 80 to 100 metric tonnes of dal
• Annual Turnover: Rs. 150 to Rs. 200 crore
• Product Range: Tuver Dal, Moong Dal, Chana Dal, Jowar, and organic rice
• Export Markets: United Kingdom, United States, Canada, Singapore, and Dubai
• Brand Registration: India, UK, and US

Despite the changing times, Rentio Tuver Dal continues to remain a preferred choice in kitchens across Maharashtra, Gujarat, and the rest of India. With a growing international presence, the brand is proudly taking the rich flavors of Indian dal to homes around the world.

New Delhi [India], April 21: Alieus Hedge Fund has announced its formal exit from the Indian market, citing severe compliance and regulatory issues, including bank account freezes, software hacks, and USDT-related fraud involving certain individuals. This step has been taken in alignment with India’s financial policies and Reserve Bank of India (RBI) regulations, reinforcing the fund’s commitment to global compliance and ethical standards.

Emily Davis, Chief Financial Officer of Alieus Hedge Fund, confirmed:

“All Indian investors will receive full refunds within a 180-day period. The total refund amount will be $50 million USD, covering assets under management, including stocks, cryptocurrencies, and real estate. Refunds will be processed in stages to ensure clarity and transparency amid current global market conditions.”

The fund’s compliance and governance body has collectively supported the structured closure of its India operations. Alieus Hedge Fund emphasized it will re-enter the Indian market only when a robust and investor-protective regulatory framework is in place.

Despite consistent growth and rising investor participation in India, the firm has chosen to place operations on hold out of respect for sovereign regulations, while continuing its thriving operations in the UK, USA, Australia, and other European nations, under the supervision of Luxembourg RAIF and the Cayman Islands Monetary Authority (CIMA).

As part of its investor-first approach, David Moreau, Chief Investment Officer, announced:

“We will be converting all Indian client equity into our proprietary cryptocurrency, Alieus Coin 2.0 (AHF 2), at a pre-ICO rate of $1 USD per token. Our earlier version, Alieus Coin 1.0 (AHF 1), was completely sold out at $108 USD. AHF 2 will be listed on global exchanges on our first anniversary—September 7, 2025—at a minimum of $2 USD, with an expected price of at least $110 USD over the next three years.”

This early allocation of AHF 2 is being made available exclusively to Indian clients who stood by the fund during its early phases. It offers them a significant opportunity to exit at a premium post-listing.

The timeline for refund and token conversion has also been influenced by current global market downturns, which have led to a 50% decline in portfolio valuations. The fund confirmed that all obligations will be honored through phased disbursements.

Ashish Jain, Founder & CMD of Alieus Hedge Fund, remarked:

“The most exciting part is that Alieus Coin 2.0 will be the first hedge fund-backed cryptocurrency in the world. We are merging traditional investment strength with blockchain transparency and setting a new benchmark globally.”

Alieus Coin 2.0 (AHF 2) marks a groundbreaking step as the world’s first hedge fund cryptocurrency token.

The firm has also initiated legal proceedings against individuals responsible for misconduct, affirming its ongoing commitment to integrity, compliance, and investor security.

For any queries, please contact:

Allison Blake – Media Contact

Email: compliance@alieusfund.com

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investments involve risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

Surat (Gujarat) [India], April 21: In the bustling city of Surat, where industry meets tradition, a legacy was born in 1984—a legacy of trust, performance, and relentless innovation. Bharat Lubricants, founded by the visionary Mr. Satish Kumar Gupta, has become more than just a brand. It is a story of passion, perseverance, and purpose—one that has journeyed alongside India’s growth for over four decades. And now, as it celebrates its 40th year, Bharat Lubricants writes a new chapter in its story with the launch of two game-changing products designed for the heart and soul of India’s roads—the bikers.

Introducing: Biker Chain Spray and Biker Chain Cleaner

Crafted with precision and love for the two-wheeled companions that drive millions of Indians every day, Bharat Lubricants proudly unveils its latest innovations: Biker Chain Spray and Biker Chain Cleaner. These aren’t just products—they’re solutions born from the understanding of what it truly means to rely on your ride.

“Every biker has a bond with their machine. We wanted to honor that relationship by developing products that not only perform, but protect,” shares Mr. Rahul Gupta, the dynamic CEO and Managing Director of Bharat Lubricants. “Our new range is designed with the rider in mind—those who brave the early morning rush, who ride through rain or shine, who count on their bikes not just for transport, but as a lifeline.”

40 Years of Trust, Innovation & Progress  

What started as a small-scale venture in 1984 has grown into one of India’s most respected names in the lubricant industry. From its early days, Bharat Lubricants stood for quality, integrity, and an unwavering commitment to excellence. The company’s products have powered everything from family hatchbacks and commercial trucks to massive industrial machinery, always delivering superior protection, fuel efficiency, and long-lasting performance.

But Bharat Lubricants’ true strength lies not only in its products but in its people—the mechanics who trust it implicitly, the families who drive safely because of it, and the bikers whose engines hum smoothly thanks to its magic touch.

For the Rider in Every Indian

With the launch of the Biker Chain Spray and Biker Chain Cleaner, Bharat Lubricants taps into a deep emotional chord. In India, a bike isn’t just a vehicle—it’s freedom for a student attending college, it’s the daily companion of a delivery executive feeding his family, and it’s the ride of dreams for a small-town youngster with big ambitions.

Recognizing the grit and emotion behind every ride, the new Biker Chain range is engineered for performance and protection. The Biker Chain Spray ensures smooth movement, corrosion resistance, and dust protection, extending chain life and giving riders peace of mind. The Biker Chain Cleaner tackles grime and buildup with ease, keeping bikes running cleaner, longer.

“These products are not just about machines—they’re about people. They’re about safety, savings, and smooth rides home,” says Neha Gupta, Head of Product Development. “When a father rides his child to school or a mother uses a scooter for work, their safety and performance depend on something as small—but crucial—as chain maintenance. That’s what we’re here for.”

A Greener Tomorrow, Fueled Today

While Bharat Lubricants continues to serve millions with high-performance products, it’s also laying the groundwork for a cleaner future. The company’s manufacturing facilities have embraced energy-efficient processes, renewable energy, and recycling initiatives that ensure minimal impact on the environment.

“Our vision has always been dual—serve people today, protect the planet for tomorrow,” explains Mr. Rahul Gupta. “Our eco-friendly formulations, waste management practices, and bio-based lubricants reflect that mission. With the rise of electric vehicles and modern machinery, we’re constantly evolving to meet the future head-on.”

Innovation Meets Heart

From developing high-performance synthetic oils to collaborating on electric vehicle lubricants, Bharat Lubricants has stayed ahead by blending cutting-edge technology with human understanding. It’s not just about chemistry—it’s about compassion. Whether it’s educating mechanics on eco-responsible practices, supporting small workshops with training, or partnering with NGOs for safe waste disposal, Bharat Lubricants lives its values beyond the boardroom.

A Legacy That Rides With You  

As Bharat Lubricants steps into its fifth decade, the company remains grounded in its origins and inspired by its future. The faces have changed—sons now lead where fathers once did, technology has replaced hand-mixed batches—but the heart of the company beats the same.

“We’re not just in the business of lubricants. We’re in the business of trust,” says Rahul. “From the highways of Haryana to the gullies of Guwahati, from the mechanic’s shop to the factory floor—our journey is powered by every Indian who believed in us.”

Ride On, India

With the Biker Chain Spray and Biker Chain Cleaner, Bharat Lubricants invites every rider to experience care, performance, and reliability like never before. These products are now available through Bharat Lubricants’ extensive dealer network and e-commerce platforms.

Because every bike deserves to shine, every rider deserves to glide, and every journey deserves to be smooth, safe, and sustainable—with Bharat Lubricants riding along.

Kolkata (West Bengal) [India], April 19: As businesses in India grapple with a rapidly changing workforce and the quest for the most effective working model, Arghya Sarkar, Founder of Recruitment Mantra, has some compelling advice: Hybrid work is the way forward for organizational growth.

Sarkar, a seasoned recruitment expert who has worked with leading organizations across India, recently shared his insights on the evolving work culture in India. The debate around 5-day, 6-day, and hybrid work models is heating up, and according to Sarkar, organizations must choose carefully to stay competitive in the ever-evolving job market.

The 5-Day Workweek: Traditional, but Limited

The 5-day workweek remains the go-to model for many industries, especially in corporate sectors like IT, finance, and consulting. Sarkar acknowledges its advantages, such as work-life balance and consistent productivity, but also warns that it may no longer meet the demands of a younger, more flexible workforce.

“Employees today are looking for more than just structure—they want flexibility. A rigid 5-day model doesn’t always accommodate the lifestyle changes and expectations of younger talent,” Sarkar says. The traditional model may also be difficult to sustain for companies facing increasing costs and growing demands for talent.

The 6-Day Workweek: A Model of the Past?

In some sectors, particularly in manufacturing and retail, the 6-day workweek is still in place. While it may work in industries requiring continuous operations, Sarkar points out the significant drawbacks, particularly employee burnout, low morale, and high turnover. “Working six days a week leaves employees with limited personal time, which can hurt productivity and morale,” he explains.

The model may have worked in the past, but in today’s competitive job market, where work-life balance is a top priority, it could be pushing employees away.

The Hybrid Work Model: The Future of Work in India

Sarkar’s clear winner? The hybrid work model, which he believes is crucial for driving growth in the Indian job market. The pandemic has reshaped how businesses view work, and now, many are adopting hybrid models that combine remote flexibility with in-office collaboration.

“Hybrid work is the perfect blend of flexibility and productivity. It gives employees the autonomy to manage their time while ensuring that collaboration and communication continue smoothly,” says Sarkar. This model has already proven to boost employee satisfaction and retention, especially among younger workers in sectors like IT and finance.

But the hybrid model isn’t just a win for employees—it’s also a cost-saving solution for businesses, particularly in high-rent cities like Mumbai and Bengaluru, where office space can be expensive. Companies that adopt hybrid work can reduce overhead costs while still maintaining an engaged and productive workforce.

Why Hybrid is the Game Changer for Growth

According to Sarkar, the hybrid model is not just about working from home or in the office—it’s about empowering employees to choose the best work environment for them, leading to increased productivity and higher job satisfaction. Moreover, it opens the door to a wider talent pool, allowing businesses to hire skilled workers from across India, including smaller cities and towns, who were previously out of reach.

However, Sarkar cautions that hybrid work comes with its own set of challenges—communication gaps, ensuring equitable workspaces, and redefining performance metrics are just a few of the hurdles. “Organizations need to invest in technology and adapt their management practices to ensure that remote and in-office employees are equally supported,” he says.

A Call for Change

For organizations looking to thrive in India’s competitive job market, Arghya Sarkar’s advice is clear: Hybrid work is not just a passing trend—it’s a strategic move toward long-term growth, innovation, and employee satisfaction.

As the Founder of Recruitment Mantra, one of Kolkata’s leading recruitment agencies, Sarkar’s insights are grounded in years of experience helping companies across India navigate the evolving job market. His expertise in talent acquisition, HR strategy, and employee engagement makes him a key voice in understanding the future of work in India.

With hybrid work on the rise, businesses that adapt to these changes will not only retain top talent but also set the stage for future success.

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Trivandrum (Kerala) [India], April 18: The story of Sylcon isn’t just the tale of a brand; it’s the story of resilience, passion, & entrepreneurial spirit passed over through generations. It began in 1942, when a 12-year-old boy, K. Hamza, left Thalassery in Kerala, his hometown, with nothing but a mind full of dreams and determination in his heart. He journeyed to Ceylon (now Sri Lanka) and began working as a helper in a leather manufacturing company.

Hamza quickly absorbed & adapted to the skills of the trade, and within a couple of years, he mastered the craft of belt-making. He started his own belt manufacturing unit in Ceylon, which was perceived as a bold move for someone at such a young age. However, it was just the beginning.

Hamza returned to India in 1951 and launched a bag manufacturing company in Madras (now Chennai). His entrepreneurial journey continued to evolve, and in 1963, he relocated the unit to Broadway in Cochin, where he established Madras Plastic House. But it was in 1968, a defining moment, when a new identity emerged as a brand name “Sylcon”, inspired by Ceylon, the land where it all commenced.

What began as a single footwear store in 1963 soon transformed into a pioneering brand that would reshape retail in South India. It was in 1968 that K.V. Shiraz, K. Hamza’s aspirant & visionary son, opened the first Sylcon outlet near Kavitha Theatre on M.G. Road, Kochi. The store, offering high-quality footwear and apparel, quickly became a hotspot for Kerala’s elite and celebrities. Sylcon wasn’t just a store; it was a trendsetter indeed.

Under K.V. Shiraz’s inspiring leadership, Sylcon expanded rapidly, soon boasting over 10 outlets across Kerala. The brand earned the title of “South India’s fastest-growing footwear retail chain”, not only for its rapid expansion but for its trailblazing innovations. In an era when footwear was typically hung on walls, Sylcon introduced the concept of rack displays, revolutionising the in-store shopping experience in the South. Sylcon also played a major role in bringing leading global and national brands of footwear, bags & leather goods to Kerala, setting standards for retail presentation as well as customer service.

Today, Sylcon Group is a Kerala-based retail conglomerate, envisaged by the enduring legacy of K. Hamza along with the transformative leadership of Chairman K.V. Shiraz. The group has funded research & innovation while staying rooted in its founding values.

Now looking to the future, the group is diversifying and expanding its footprint across retail sectors:

• Express supermarket formats and convenience stores tailored to Gen Z, offering affordable and convenient shopping.
• Entry into lifestyle jewellery and beauty to widen product offerings.
• A major thrust on food retail, including niche concepts and experiential stores with everything from fresh produce to live kitchens.
• Expansion of its multi-cuisine premium restaurants, along with new formats like bakeries, tea cafés, quick bites, and convenient dine-ins.

To support these ambitious moves, Sylcon is investing in technology and actively building a skilled workforce, including professionals like IT Managers to streamline operations alongside boosting efficiency.

Chairman K.V. Shiraz, known as the “Retail Guru of Kerala”, has been the force behind Sylcon’s growth & success. His unwavering dedication, commitment to innovation, and deep sense of social responsibility have earned him accolades, including the prestigious B.R. Ambedkar National Award for his contributions to society. Shiraz has shown that with vision and dedication, business growth & community service can go hand in hand.

Today, Sylcon is entering a new era under its third generation of leadership, Faizan Mohamed, Ameena Neha, and Sarah Sanam. The trio is ready to carry forward the legacy, taking the brand to greater heights.

At the core of Sylcon’s journey is its flagship brand, Sylcon Shoes, offering a vibrant array of shoes, bags, and accessories that continue to set the standard for quality and lifestyle.

From a humble beginning to a 1500 crore retail vision, Sylcon’s story is a testament to grit, innovation, and the enduring power of a dream that began in 1942, which still burns brighter.

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