Tag: Business

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

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

    Homethon Property Expo 2025

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

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

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

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

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

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

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

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

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

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

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

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

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  • How the Best Dietician in Delhi, Dt. Priyanka Jaiswal, Is Helping Women Heal Their Hormones and Reclaim Their Lives

    How the Best Dietician in Delhi, Dt. Priyanka Jaiswal, Is Helping Women Heal Their Hormones and Reclaim Their Lives

    New Delhi [India], September 20: Every woman dreams of feeling energetic, confident, and comfortable in her own body.
    But today, many women silently struggle with constant fatigue, mood swings, weight gain, irregular cycles, skin breakouts, and brain fog.

    For some, it’s PCOS.
    For others, it’s thyroid issues or hormonal imbalance.
    And most are told, “Just take this medicine.”

    But nobody asks them what they are eating.

    The Heart Behind Diet2Nourish: Journey of the Best Dietician in Delhi

    This is where Dt. Priyanka Jaiswal, Delhi’s trusted clinical nutritionist and the compassionate founder of Diet2Nourish, steps in.

    For over 15 years, she has been helping women from all walks of life heal naturally through food not pills, crash diets, or extreme routines, but real Indian meals made with care and backed by science.

    Her goal isn’t just to change bodies.
    It’s to bring women back to themselves to help them smile in the mirror, enjoy their meals again, and feel hopeful about their health.

    Understanding Hormones  And Why They Matter So Much

    Hormones are like tiny switches that control your mood, energy, metabolism, sleep, fertility, and even your skin.

    When they go out of balance, your body feels it:

    • Your weight won’t budge
    • Your periods become irregular
    • Your skin breaks out
    • You feel tired, anxious, and unlike yourself

    And while quick medications can mask the symptoms, Priyanka believes true healing starts with what’s on your plate.

    The Diet2Nourish Way: Gentle, Personal, and 100% Doable

    Every woman’s body is different and so should be her diet.
    At Diet2Nourish, Priyanka creates deeply personalized, practical Indian meal plans that work with your lifestyle, not against it.

    Here’s what makes her approach life-changing:

    • Wholesome Indian foods — Fresh veggies, dals, seeds, nuts, ghee, cold-pressed oils
    • Balanced nutrients — Right mix of carbs, protein, and good fats to support insulin and cortisol
    • Anti-inflammatory recipes — Calm the hidden inflammation that disrupts hormones
    • Condition-based plans — PCOS, thyroid, PMS, perimenopause, postpartum recovery, menopause
    • Emotional hand-holding — Weekly check-ins, small tweaks, constant encouragement

    No crash diets. No expensive supplements. Just real food, real care, and real results.

    The Hormone-Healing Nutrients She Focuses On

    • Magnesium (spinach, almonds): Soothes the nervous system and improves sleep
    • Zinc & Selenium (eggs, pumpkin seeds): Boost thyroid health and fertility
    • Fiber (fruits, oats, dals): Flushes out excess estrogen and balances sugar levels
    • Healthy fats (coconut, ghee, flaxseeds): Fuel hormone production and improve mood
    • B Vitamins (bananas, leafy greens): Reduce fatigue and support ovulation

    Why Women Around the World Trust Her

    Because Priyanka doesn’t just give a diet plan
    she walks with every woman until they feel whole again.

    • Helped 4,000+ women reverse PCOS, thyroid and hormonal imbalance
    • Helped women lose over 14,000+ kilos healthily
    • Clients across 20+ countries
    • 10,000+ glowing reviews and a 4.9 Google rating
    • Created 300+ custom Indian recipes to make healthy eating joyful

    Women often say,

    “She didn’t just change my diet, she gave me back my smile.”

    Dietician

    How It All Began

    Priyanka’s journey started when a close loved one was struggling with lifestyle diseases.
    No medicine worked  until she began changing their meals. Slowly, they regained their energy and happiness.

    That’s when Priyanka knew:
    “I want to help every woman experience this kind of healing.”

    And she’s been doing it ever since  with empathy, patience, and powerful results.

    Recognized & Loved by Thousands

    •  National Award Winner in Diet & Nutrition
    •  Master’s in Nutrition | Registered Dietician
    •  Served clients in 20+ countries
    •  4.9 Google rating with 10,000+ reviews
    •  Featured for transforming women’s health naturally

    Start Your Healing Journey Today

    If you’re tired of trying everything and still feeling stuck
    let Dt. Priyanka Jaiswal and Diet2Nourish show you how nourishing food can heal your hormones, mind, and body.

    Visit: Diet2Nourish, A-28 Sunlight Colony-2, DDA Flats, Ashram, New Delhi
    Call: +91-9311207203
    Dt. Priyanka Jaiswal is currently handling her second website — happyhealthydiets.com 

    Your body is not broken. It just needs the right care. At Diet2Nourish, you’ll be heard, understood, and healed naturally.

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  • Sathlokhar Synergys E&C Global Limited Plans To Raise INR 114 Cr Through Preferential Issue

    Sathlokhar Synergys E&C Global Limited Plans To Raise INR 114 Cr Through Preferential Issue

    Chennai (Tamil Nadu) [India], September 22: Sathlokhar Synergys E&C Global Limited (NSE SSEGL), the leading EPC Turnkey player, providing end-to-end turnkey execution across design, approvals, civil works, PEB structures, MEP systems, solar installations, and interior works, has approved a preferential issue of equity shares and warrants in its meeting held on September 19, 2025. Through this issue, the company proposes to raise up to ₹ 114.00 Cr, subject to shareholder and regulatory approvals.

    Under the proposed preferential issue, the Company will allot up to 19,90,200 equity shares of face value ₹10 each at an issue price of ₹ 482 per share to investors from the Non-Promoter Group, aggregating to approximately ₹ 95.93 Cr. In addition, the Company will issue up to 3,75,000 fully convertible equity warrants at the same price, amounting to approximately ₹ 18.08 Cr. Of these, 2,50,000 warrants will be allotted to the Promoter Group, while the remaining 1,25,000 warrants will be allotted to the Non-Promoter Group.

    In total, 47 investors from the Non promoters’ group and 1 investor from Promoters group will participate in the preferential issue, with 45 investors being allotted equity shares and 3 investors being allotted warrants.

    The preferential issue reflects the growing confidence of investors in Sathlokhar Synergys E&C Global Limited’s business model and long-term outlook. These developments strengthen the company’s positioning as a fast-growing EPC partner with strong execution capabilities, proven delivery across diverse sectors, and significant growth visibility in India’s infrastructure landscape.

    Commenting on the fund raise, Mr. G. Thiyagu, Managing Director of Sathlokhar Synergys E&C Global Limited said“We are pleased to receive strong interest from a diverse group of investors, which reflects the growing trust in our business model and future strategy. The preferential issue is an important step that will enable us to strengthen our balance sheet and position the company for the next phase of growth.

    Sathlokhar has built a strong reputation for delivering complex EPC projects with quality and speed, and this fund raise further reinforces investor confidence in our capabilities. We remain fully committed to creating long-term value for our stakeholders while contributing meaningfully to India’s infrastructure development.”

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  • Sarveshwar Foods Bags Significant INR 329 million Export Order from Singapore’s Monarda Commodities Pte. Ltd.

    Sarveshwar Foods Bags Significant INR 329 million Export Order from Singapore’s Monarda Commodities Pte. Ltd.

    Srinagar (Jammu & Kashmir) [India], September 22: Sarveshwar Foods Limited (SFL | BSE: 543688 | INE324X01026), one of India’s leading agro and organic FMCG companies, today announced the securing of a significant export order worth  329 million from Singapore-based Monarda Commodities Pte. Ltd, Singapore through its Wholly Owned Subsidiary Green Point Pte. Ltd, Singapore. This milestone further strengthens the Company’s international expansion and reflects its ability to deliver value at scale.

    Expanding Global Presence

    The new order demonstrates Sarveshwar Foods’ rising strength in overseas markets and reinforces its position as a trusted partner for global buyers. With a heritage of over 130 years and a commitment to quality and sustainability, the Company continues to deepen its international footprint.

    Trusted Quality Standards

    Sarveshwar Foods’ credibility in global markets is supported by international certifications such as ISO 22000:2018, USFDA, BRC, Kosher, NPPO USA & China, and NOP-USDA Organic. Its diverse product portfolio across branded and organic categories is well accepted by consumers worldwide who value authenticity and responsible sourcing.

    Sustained Growth Momentum

    This latest achievement follows the recently secured 329 million international contracts and the successful completion of an oversubscribed 1499.5 million Rights Issue. The Company has a consistent growth trajectory, a strengthened financial base, and a clear focus on becoming a renowned name in the food and FMCG sector.

    Commenting on the development Mrs. Seema Rani, Director- International Business, Sarveshwar Foods Limited, saidWe are pleased to announce this export order from Singapore-based Monarda Commodities Pte. Ltd., which further strengthens our international business. The continued confidence of global partners reflects the trust we have built through consistent quality, reliability, and long-term commitment.

    As demand for authentic Indian food products grows worldwide, we see this as an opportunity to expand our reach and deepen our presence in key overseas markets. Our focus remains on sustaining this momentum, strengthening relationships with international partners, and driving the continued growth of Sarveshwar Foods as a renowned name in the food and FMCG sector.”

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  • Gurunanak Agriculture India to Launch INR 28.8 Cr IPO on NSE Emerge

    Gurunanak Agriculture India to Launch INR 28.8 Cr IPO on NSE Emerge

    Durg (Chhattisgarh) [India], September 22: Gurunanak Agriculture India Limited (GNAIL), a Chhattisgarh-based farm equipment maker, will hit the capital markets with a ₹28.8 crore Initial Public Offering (IPO) later this month. The company said the issue will open on September 24 and close on September 26, with shares proposed to be listed on the NSE Emerge platform.

    The fixed-price issue involves the sale of 38.4 lakh equity shares at ₹75 each (face value ₹10). The minimum bid lot has been set at 1,600 shares. Post-issue, promoter holding will stand at 68%, down from nearly 100% currently.

    Expansion Push

    Proceeds from the IPO will be used to set up a new harvester manufacturing unit, fund working capital needs, and meet general corporate expenses. The company aims to scale its annual capacity to 300 harvesters, 4,000 threshers and 4,000 other farm machines such as rotavators, reapers, and cultivators.

    “From day one, our mission has been to serve India’s farmers with technology that makes their work easier and more productive. This IPO represents a new chapter in our journey – one that allows us to expand our capabilities, bring in new technologies, and contribute more meaningfully to India’s agricultural growth,” said Harjeet Singh, Managing Director of GNAIL.

    Strong Financials

    The company reported a net profit of ₹6.05 crore in FY25, up from ₹2.45 crore in FY24 and ₹0.61 crore in FY23. Revenues were broadly stable at ₹43.85 crore in FY25, while operating margins improved sharply to 22.23%, compared to 12.2% in FY24.

    Return on net worth also surged to 49.3%, reflecting improved operational efficiency. Total borrowings fell to ₹4.66 crore in FY25, down from over ₹10.5 crore the previous year.

    Market Footprint

    Incorporated in 2010, GNAIL manufactures threshers, harvesters, rotavators, reapers, and cultivators, with a strong presence across seven states including Chhattisgarh, Odisha, Madhya Pradesh, Karnataka, Maharashtra, Punjab, and Andhra Pradesh.

    Its combined harvester, launched recently, has seen strong demand among farmers due to its advanced features and cost efficiency. The company operates through a network of 48 dealers, besides co-branded partnerships and direct sales from its Raipur factory.

    GNAIL owns 4.08 hectares of land in Durg, with 1.16 lakh sq. ft. dedicated to manufacturing facilities, 0.98 lakh sq. ft. for stocking, and 2.25 lakh sq. ft. available for future expansion.

    Sector Context

    India is the world’s second-largest producer of foodgrains, fruits, and vegetables, and the largest producer of milk, pulses, and spices. With over 55% of the population dependent on agriculture, mechanisation is seen as a critical lever for productivity.

    Industry experts note that rising labour costs, government subsidies, and rural financing schemes are fuelling demand for modern farm machinery. According to Inc42, the Indian agri-machinery sector is projected to touch $24 billion by 2025.

    Promoters & Management

    The company is promoted by Harjeet Singh (Managing Director), Jaspreet Kaur (Whole-Time Director), and Kamaljeet Singh Kalsi (Non-Executive Director). While Singh oversees overall strategy and growth, Kaur focuses on finance and governance, and Kalsi contributes to R&D and technology.

    Key Intermediaries

    • Lead Manager: Finshore Management Services Ltd.
    • Registrar to the Issue: Cameo Corporate Services Ltd.
    • Market Maker: Anant Securities

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  • Basilic Fly Studio Raises INR 85 Crore Through QIP to Fuel Global Expansion

    Basilic Fly Studio Raises INR 85 Crore Through QIP to Fuel Global Expansion

    Chennai (Tamil Nadu) [India], September 20: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), has successfully raised ₹84.99 crore via a Qualified Institutional Placement (QIP). The company issued 20.25 lakh equity shares, priced at ₹419.72 per share, inclusive of a premium of ₹409.72.

    Fundraising Highlights:

    • Number of shares allotted: 20,25,000 equity shares
    • Face value: ₹10 per share
    • Issue price: ₹419.72 per share (including a premium of ₹409.72)
    • Discount: 5% to the floor price as per SEBI ICDR Regulations
    • Total fund raised: ₹84.99 Cr

     Institutional Allottees Receiving More Than 5% of Total QIP Allotment :

    • Astorne Capital VCC – Arven: 2,38,500 shares (11.78%)
    • Vikasa India EIF I Fund – Incube Global Opportunities: 1,90,800 shares (9.42%)
    • Astorne Capital VCC – Alpha A2: 1,43,100 shares (7.07%)
    • Rajasthan Global Securities Pvt Ltd: 1,43,100 shares (7.07%)
    • Dovetail India Fund – Class 8 Shares: 1,20,000 shares (5.93%)
    • Moneywise Financial Services Pvt Ltd: 1,19,400 shares (5.90%)
    • North Star Opportunities Fund VCC – Lighthouse Capital: 1,19,100 shares (5.88%)
    • Beacon Stone Capital VCC – Beacon Stone I: 1,19,100 shares (5.88%)

    The proceeds from the QIP will strengthen the company’s balance sheet, enhance financial flexibility, and support its strategic priorities. These include investing in advanced VFX technologies, expanding delivery capabilities, building creative talent, and pursuing growth opportunities in international markets. The company remains committed to consolidating its leadership in the global VFX industry by driving innovation, operational excellence, and long-term value creation.

    Commenting on this, Mr. Balakrishnan, Managing Director & CEO of Basilic Fly Studio Limited said

    “The successful completion of this QIP provides us with the financial strength to accelerate our global growth strategy. We are encouraged by the overwhelming response, particularly with 57% participation from foreign portfolio investors. With this support, we plan to strengthen our teams in London and Paris, while transitioning select roles to India to further enhance efficiency and margins. The proceeds will also enable us to expand our infrastructure, including render farms and advanced AI-driven technologies, positioning us to take on large-scale projects with global studios such as Netflix, Warner Brothers, Sony, and Paramount. The strong institutional participation reflects their confidence in our vision, execution capabilities, and commitment to long-term value creation.”

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  • Globe Civil Projects Secures ₹13.11 Crore EPC Contract for NIT Delhi Sports Complex

    Globe Civil Projects Secures ₹13.11 Crore EPC Contract for NIT Delhi Sports Complex

    New Delhi [India], September 20: Globe Civil Projects Limited, (NSE – GLOBECIVIL | BSE – 544424), is pleased to announce the receipt of a Letter of Intent valued at ₹13.11 Cr from Telecommunications Consultants India Limited (TCIL). The project involves the Construction of a Sports Complex and Supply, Erection, Testing & Commissioning of 11 KV HT Ring Main at the National Institute of Technology (NIT) Delhi Campus, on an EPC-II basis.

    The latest contract highlights the continued confidence placed by institutions in the company’s execution capabilities. The addition of this project further strengthens the company’s order book and supports its presence in large-scale assignments across the country.

    On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited said, “This order from TCIL reinforces the company’s reputation as a trusted partner in delivering complex EPC projects within the educational and institutional infrastructure segment. By adding a technically advanced and time-bound EPC project to its portfolio, the company not only expands its execution pipeline but also builds deeper engagement with government-linked clients such as TCIL. This aligns with the company’s strategy of securing high-quality, funded projects that enhance order book visibility, improve cash flow stability, and reinforce its reputation for delivering complex infrastructure solutions.

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  • Renowned film director Vipin Agnihotri joins hands with Giriraj Swami for a unique spiritual initiative

    Renowned film director Vipin Agnihotri joins hands with Giriraj Swami for a unique spiritual initiative

    New Delhi [India], September 20: In a remarkable confluence of Bollywood and spirituality, acclaimed author and filmmaker Vipin Agnihotri has announced a collaboration with His Holiness Giriraj Swami, a senior disciple of A.C. Bhaktivedanta Swami Prabhupada and an influential spiritual leader of the International Society for Krishna Consciousness (ISKCON).

    The collaboration aims to bridge modern storytelling with timeless Vedic wisdom through a series of public dialogues, written works, and social initiatives. The first event under this initiative, titled Soulful Conversations: The Journey Within, will be held in Nagpur and will bring together thinkers, young leaders, and spiritual seekers from across India.

    Vipin Agnihotri, whose work often focuses on social change and emotional well-being, said:

    “This collaboration is a step towards helping the youth connect with ancient Indian wisdom in a language they understand. Giriraj Swami’s teachings bring clarity to today’s chaotic world.”

    Giriraj Swami added:
    “When literature and spirituality work together, they can become powerful instruments of change. I am pleased to support this effort that promotes inner growth and social harmony.”

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  • The New Wave of Ethnic Wear for Men – Nawab Parker

    The New Wave of Ethnic Wear for Men – Nawab Parker

    New Delhi [India], September 20: Back then, men’s fashion carried a consistent & predictable look without much variation. The case where there was a festive occasion the individual would wear a simple kurta, a suit if there was a very important function & on a wedding, the person would borrow something and wear it. Their main concern was how useful the clothing was. The only purpose the clothing served was “to do the job. Change over the last 20 years has been noticeable and more than years ago. It was during this period that men began caring more about their clothing, not only from the mandatory angle, but because they appreciated it. Individual grooming became more structured. The idea of fashion became more universal and was not only customized for women. Men now are more inquisitive. There is a common discourse on lookbooks and the latest fashion. The whole idea of a ‘tailor’ has evolved from an individual that focuses purely clothing to one that understands the latest trends on cuts. Men even engage in arguments to determine the best pastel color to wear for the Haldi ceremony. Today, fashion for men represents more than clothing, it reflects who they are and how they live. The shift is almost crystal clear even in ethnic and wedding attires. Previously, 90% of grooms had the same look; a traditional sherwani, complete with golden embroidery, a matching standard dupatta and of course, the same silhouette. Nowadays, men feel the need to have their wedding outfits match the wedding’s overall theme, their outfits should reflect a part of their personality& finally should be able to stand out at least to same level as the bride’s attire.

    Almost every single piece of ‘ethnic wear’, along with tradition, is slowly finding it’s place in everyday wear, like festivals, office celebrations, casual family functions & even casual dinners.

    Nawab Parker: A Brand with Purpose

    At Nawab Parker, every piece of clothing is designed with today’s man in mind. The collections aren’t just about fabric and thread they’re about identity, confidence & comfort. Whether it’s a breathable cotton kurta for a casual family dinner or an intricately embroidered sherwani for a grand wedding, Nawab Parker ensures that men feel good in what they wear, not restricted by it.

    The brand’s kurta pajamas strike the balance between classic and contemporary. A single kurta from Nawab Parker can be paired with a churidar for tradition, with denim for casual outings or with a Nehru jacket for a festive upgrade. This versatility is exactly what modern men are looking for.

    Why Men Across India Choose Nawab Parker

    Ask anyone who has shopped at Nawab Parker& you’ll hear the same points:

    • Designs that stand out without losing cultural touch.

    • Perfect fits made for today’s lifestyle.

    • Premium quality fabrics that feel as good as they look.

    • Affordable luxury making style accessible without compromise.

    It’s no surprise that grooms, professionals & young men alike are turning to Nawab Parker when they want to look their best. From festive gatherings to once-in-a-lifetime occasions, the brand has become a trusted choice.

    Ethnic Wear Made Accessible Everywhere

    Another reason Nawab Parker is making waves is accessibility. Through nawabparker.com, the brand’s collections are available to customers across regions. Whether you’re shopping for a wedding in Jaipur, a Diwali party in Mumbai or a cultural event in Lucknow, Nawab Parker ensures that the same quality and design reach you with ease.

    This digital presence has helped Nawab Parker grow beyond a local favorite into a name recognized and respected across India.

    Looking to the Future

    What makes Nawab Parker exciting is not just where it is today, but where it’s headed. The brand is constantly adding new designs, experimenting with styles & expanding its collections to keep up with the ever-evolving tastes of Indian men. At the same time, it remains rooted in supporting artisans and preserving traditional craftsmanship giving each garment cultural depth along with modern relevance.

    So the next time you’re dressing for a festival, planning a wedding look, or simply wanting to upgrade your wardrobe, remember this: with Nawab Parker, you’re not just buying clothes you’re choosing confidence, culture & a brand that celebrates you at your best.

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  • LANXESS takes action to counter weak market environment

    LANXESS takes action to counter weak market environment

    Mumbai (Maharashtra) [India], September 19: A weak global market environment impacted LANXESS’ results in the second quarter of 2025. The specialty chemicals company achieved an EBITDA pre exceptionals of EUR 150 million, which is a 17.1 percent decline compared with the figure of EUR 181 million from the same quarter last year. Weaker demand in general was accompanied by lower sales volumes in all segments. The sale of the Urethane Systems business unit effective April 1, 2025, also contributed significantly to the decline in earnings. Second-quarter sales amounted to EUR 1.466 billion, down 12.6 percent on the prior-year figure of EUR 1.678 billion.

    “The economic environment has deteriorated significantly again in recent months. Additionally, ongoing tariff discussions with the U.S. are causing considerable market uncertainty and exacerbating the situation for the European chemical industry. There is currently no improvement in sight for the economic situation,” says Matthias Zachert, CEO of LANXESS. “For us, this means continuing to focus fully on achieving the best possible positioning in the market, as well as in terms of costs, structures, and processes. When the economy picks up again, we will be ready and able to meet the additional demand much more efficiently and profitably.”

    The EBITDA margin pre exceptionals was 10.2 percent in the second quarter, compared with 10.8 percent in the same period last year.

    Due to the expected continued weak demand for the remainder of the year, LANXESS is adjusting its guidance for fiscal year 2025 and now anticipates an EBITDA pre exceptionals of between EUR 520 million and EUR 580 million. This includes a burden of EUR 10 million related to supply restrictions from a chlorine supplier. The Group had previously anticipated earnings of between EUR 600 million and EUR 650 million.

    Further significant debt reduction through sale of Urethane Systems

    On April 1, 2025, LANXESS sold its Urethane Systems business to Japan’s UBE Corporation, thereby divesting its last remaining polymer business. This transaction marked the final major step in the restructuring of the portfolio toward specialty chemicals.

    The business unit’s contribution to earnings is no longer included in the quarterly figures. LANXESS used the proceeds from the sale to redeem the EUR 500 million benchmark bond that matured in May 2025. The proceeds from the sale reduced the company’s net financial debt by 18 percent from EUR 2.512 billion in the first quarter of 2025 to EUR 2.069 billion in the second quarter of 2025.

    Despite the difficult market conditions, the company generated positive free cash flow of EUR 31 million in the second quarter.

    Further optimization of the global production network

    To actively counteract the global weakness in demand, LANXESS is further optimizing its global production network. The Group has already brought forward the closure of its hexane oxidation facility at the Krefeld-Uerdingen site to the end of the second quarter of 2025. LANXESS also plans to streamline its global network of aroma chemicals plants and shut down production at its Widnes site (UK) in the course of 2026. Due to high costs, the company can no longer operate the Widnes site competitively. At the El Dorado site (USA), LANXESS plans to increase efficiency of bromine production. These measures are expected to result in permanent annual savings of EUR 50 million from the end of 2027.

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