Tag: press-release

  • RMS Stonex: Your Destination for Imported and Exotic Marble in India

    RMS Stonex: Your Destination for Imported and Exotic Marble in India

    Kishangarh (Rajasthan) [India], August 22: RMS Stonex stands out as a premier destination for imported and exotic marble in India, offering an impressive range of premium-quality stones. Established in 1978 by the visionary Mr. Mahesh Chand Ladha and now led by Mr. Rohit Ladha and Mr. Rahul Ladha, the company has become a leading name in the marble industry. Located in the renowned Marble City of Kishangarh, Rajasthan, RMS Stonex excels in manufacturing, importing, exporting, and wholesaling a diverse selection of both Italian and Indian marbles.

    With over 45 years of experience, RMS Stonex has built a strong reputation for its exceptional range of Italian marble (Statuario, Michelangelo, Calacatta, Cararra marble). Known for its timeless beauty and superior quality, Italian marble is highly sought after for luxury interiors. The company offers an array of Italian marble options, including stunning varieties of white marble, beige marble, and grey marble, each known for its unique veining and polished finish. These marbles are perfect for enhancing the elegance of flooring, countertops, and wall features in residential and commercial spaces.

    In addition to Italian marble, RMS Stonex is a prominent supplier of imported marble. Their collection features exquisite exotic marble that adds a touch of sophistication and uniqueness to any project. Among their offerings is the distinctive Onyx marble, with its striking patterns and colors that make it a standout choice for high-end interiors.

    The company also provides a wide selection of Indian marble, including the famous Makrana white marble, which is celebrated for its quality and durability. This marble has been used in some of the most iconic buildings in India, including the Taj Mahal. Alongside Makrana, RMS Stonex offers a variety of other Indian marbles, including rich beige and elegant grey marbles, each chosen for their beauty and suitability for different applications.

    RMS Stonex’s expertise extends beyond marble to include travertine, another popular choice for both indoor and outdoor use. This natural stone, with its distinctive texture and versatile appearance, is perfect for creating unique and stylish spaces.

    As a leader in the marble industry, RMS Stonex combines tradition with modern technology. Their advanced facilities and extensive network ensure that they can provide high-quality marble solutions to clients across India and beyond. Whether you’re looking for the opulence of Italian marble, the charm of exotic marble, or the reliability of Indian marble, RMS Stonex is your trusted source for the finest stones.

    With a legacy of excellence and a commitment to quality, RMS Stonex remains dedicated to delivering top-notch marble products that meet the highest standards. Their extensive experience and broad range of offerings make them the go-to destination for all your marble needs, whether you’re an architect, interior designer, builder, or homeowner.

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  • Monkeypox: Understanding the Global Health Emergency

    Monkeypox: Understanding the Global Health Emergency

    Bangalore (Karnataka) August 22: In a world still reeling from the effects of the COVID-19 pandemic, the World Health Organization (WHO) ‘s declaration of monkeypox as an international health emergency has ignited fresh concerns. As a Consultant Pediatrician and Medical Director at Ovum Hospital, Bangalore, it is imperative to educate and inform the public about the seriousness of this viral outbreak, its implications for global health, and the steps necessary to mitigate its spread.

    What is Monkeypox?

    Monkeypox is a rare viral disease caused by the monkeypox virus, a member of the Orthopoxvirus genus, which also includes the variola virus (the cause of smallpox) and vaccinia virus (used in the smallpox vaccine). Although it was first identified in laboratory monkeys in 1958, the virus is believed to primarily infect rodents, with occasional spillover to humans. The first human case was recorded in 1970 in the Democratic Republic of Congo.

    Historically, monkeypox has been confined to central and western African countries, where it is endemic. However, recent outbreaks in non-endemic countries have raised alarms, leading to WHO’s declaration of a Public Health Emergency of International Concern (PHEIC) in 2024.

    Symptoms and Transmission

    The symptoms of monkeypox resemble those of smallpox but are generally milder. The incubation period typically ranges from 5 to 21 days. Initial symptoms include fever, headache, muscle aches, backache, swollen lymph nodes, chills, and exhaustion. Within a few days of the onset of fever, a rash develops, often beginning on the face and spreading to other body parts, including the palms and soles. The rash progresses from macules to papules, vesicles, pustules, and finally, crusts that fall off.

    Monkeypox can be transmitted from animals to humans through direct contact with blood, bodily fluids, or cutaneous or mucosal lesions of infected animals. Human-to-human transmission occurs primarily through respiratory droplets, direct contact with infected bodily fluids or lesion material, and indirect contact through contaminated materials like bedding or clothing.

    Global Spread and WHO’s Declaration

    The global spread of monkeypox in recent months, particularly in non-endemic regions like Europe, North America, and Asia, has been a significant cause for concern. Unlike previous outbreaks, this spread is not confined to specific populations or regions, making it a potential global threat.

    WHO’s declaration of monkeypox as a global health emergency underscores the urgent need for a coordinated international response. This declaration, the highest alert level under international health regulations, is a call to action for governments, healthcare providers, and communities worldwide.

    Implications for Public Health

    The designation of monkeypox as a global health emergency highlights several critical public health challenges:

    1.       Surveillance and Detection: There is an urgent need to enhance surveillance systems to detect cases early and accurately. Early detection is crucial for containing outbreaks and preventing further spread.
    2.       Vaccination and Immunization: While smallpox vaccines are known to offer some protection against monkeypox, more research and development of specific vaccines for monkeypox are needed. Healthcare systems must prioritize the vaccination of high-risk groups, including healthcare workers and close contacts of infected individuals.
    3.       Public Awareness and Education: Misinformation and panic can exacerbate the spread of the virus. Clear, accurate, and timely information must be disseminated to the public, emphasizing the importance of personal hygiene, safe practices, and early medical consultation in case of symptoms.
    4.       Global Coordination: The global nature of the outbreak necessitates a coordinated international response. Governments and international health organisations must collaborate to effectively share data, resources, and strategies to combat the virus.

    The Role of Healthcare Providers

    Healthcare providers, particularly those in paediatrics and community health, are vital in managing the outbreak. Vigilance in recognising symptoms, prompt isolation of suspected cases, and adherence to infection control protocols are essential to curbing the spread of the virus.

    Moreover, paediatricians must be particularly attentive to the potential impact of monkeypox on children. Although the disease is generally milder in children than in adults, the risk of severe complications exists, especially in those with underlying health conditions. Ensuring that parents and caregivers are well-informed about the symptoms and preventive measures is critical.

    Conclusion

    The declaration of monkeypox as an international health emergency serves as a stark reminder that infectious diseases remain a constant threat to global health. As the world continues to navigate this new challenge, staying vigilant, informed, and proactive is essential.

    At Ovum Hospital, Bangalore, we are committed to protecting our patients and the community from this emerging threat. Healthcare providers, governments, and the public must work together to contain the spread of monkeypox and minimize its impact on communities worldwide. By staying informed and prepared, we can protect our most vulnerable populations, especially children, from the potentially devastating effects of this emerging health threat.

    In these uncertain times, knowledge and preparedness are our best defences against the evolving landscape of infectious diseases. Let us heed the warnings and take the necessary steps to safeguard global health, ensuring a safer and healthier future for all.

  • Sunpure receives patent for Curcuminoids Complex AKTIV C5 (CURCUBOOST®)

    Sunpure receives patent for Curcuminoids Complex AKTIV C5 (CURCUBOOST®)

    New Delhi (India), August 22: Sunpure announced a milestone in its ongoing intellectual property mission. Sunpure has received a patent grant for Curcuminoids Complex AKTIV C5 (CURCUBOOST®) with enhanced bioavailable penta active components of Turmeric.

    “We are thrilled to receive this patent, highlighting our commitment to innovation.  This patent (CURCUBOOST®) grant is a significant milestone for Sunpure Research Incubation Centre (SRIC), Sunpure Extracts Private Limited, and we look forward to bringing more such innovative health solutions and ingredients to our customers”, says Mr. Amit Srivastava (GM), Sunpure.

    The application for the Invention of the Curcumin C5 AKTIV complex—CURCUBOOST® —was accepted in 2019, and after addressing various queries, it was granted in 2024. This patent will be in force until 2039.

    The present invention envisioned chemical composition modification of the active molecules of Turmeric to use Curcuminoids with better Bioavailability and increased efficacy by using two additional ingredients: Turmeric Merone and Polysaccharides along with Curcuminoids, says Mr. Singh, Principal Scientist, SRIC (Sunpure Research Incubation Centre).

    SRIC scientists work tirelessly to discover and develop standardised natural extracts that provide an alternative therapy for emerging nutritional and health requirements worldwide. This patent grant recognises the pioneering work accomplished in the IP domain by the SEPL Team.

    This will benefit formulators economically, as using less CURCUBOOST will increase bioavailability, and enhanced absorption will lead to better efficacy.

    “With its seamless application across various delivery mechanisms, this achievement reaffirms our dedication to pioneering technological integration of Ayurveda and modern science that redefine novel solutions. Our initiatives showcase our proactive commitment to environmental sustainability using whole biomass”, says Mr Saurabh Sharma (VP) of Sunpure.

    The award recognises and celebrates Sunpure’s IP portfolio, which has embraced IP generation and protection to fuel economic growth and contribute to the country’s economic progress.

    Sunpure has GMP certification and an Ayurvedic license from AYUSH.

    About Sunpure Extracts Private Limited (SEPL)

    Sunpure Extracts Private Limited (SEPL) has natural extract production facilities in UP and Uttarakhand and exports natural ingredients to over 32 countries. SEPL is globally known for B2B brands like AshwaBoost®, CurcuBoost®, SPIRUproteen®, MORIMAXproteen®, ZingiNatPure®, BOSWpure®, WKB20K®, TetraBeauty® FENUTEIN®, and CENTpure®. The company has successfully filed 14 US DMFs with the US FDA for a range of natural extracts and Botanicals and has applied for 4 patents. SEPL serves companies in the nutraceuticals, food supplements, pharma, personal care, flavour, and fragrance segments.

    Media Contact:

    Arun

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  • Essentia Series Augusta and Verena Hobs by Hafele

    Essentia Series Augusta and Verena Hobs by Hafele

    New Delhi [India] August 21: Experience the epitome of culinary excellence with the AUGUSTA AND VERENA BUILT-IN HOBS from the ESSENTIA SERIES. The AUGUSTA HOBS feature FULL BRASS BURNERS, ensuring superior heat distribution for precise cooking results. On the other hand, the VERENA HOBS boast of SEMI-BRASS BURNERS, offering a perfect balance of efficiency and elegance. Both hobs are equipped with cast iron pan supports, providing stability even for larger cookware. With the Flame Failure Safety Device (FFSD) and Electric Auto Ignition, cooking becomes not only effortless but also safe, giving you peace of mind while preparing your culinary masterpieces.

    Hafele’s Essentia Series Augusta 480

    Designed to meet the diverse cooking needs of Indian households, the AUGUSTA and VERENA HOBS are available in 3-burner and 4-burner hob designs, providing flexibility and convenience for any culinary task. Their elegant black tempered glass top adds a touch of sophistication to any kitchen, elevating the aesthetic appeal of your cooking space. Whether you’re simmering spices or stir-frying vegetables, these hobs offer the perfect blend of style and functionality, making every cooking experience a delight.

    Log onto https://www.hafeleindia.com/en/info/service/contact-us/410/ to find the nearest Hafele showroom or design centre.

    Website: https://www.hafeleindia.com/en/

    Customer Care Toll Free: 1800 266 6667

    Customer Care WhatsApp: +91 97691 11122

    Customer Care Email ID:customercare@hafeleindia.com

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

  • crash.club by CKC Presents: The dark.crash Collection for Men

    crash.club by CKC Presents: The dark.crash Collection for Men

    Bangalore (Karnataka) [India] August 21: crash.club by CKC, a brand renowned for its avant-garde silver fashion jewellery and innovative lab-grown diamonds, proudly announces the launch of its latest line—the dark.crash Men’s Collection. This new collection re-contextualises men’s fashion jewellery with an amplified take on modern luxury, rendering a sophisticated aesthetic that resonates with the new-age cosmopolitan.

    Introducing the dark.crash Men’s Collection 

    Style is cultivated by adaptation. Deconstructed, reconstructed or reimagined to thrive in a world where fashion constantly evolves. The dark.crash Men’s Collection stands out as a beacon of style and innovation set on the premise of intentional luxury. Treated with intensified savoir-faire, the dark.crash collection features a magnetic range of all-black silver jewellery, combining the suave of silver with the sensibility of space-age style. Each piece is fabricated with a more-than-meets-the-eye factor – a perfect hybrid of functionality, versatility and timeless appeal. dark.crash is the new world order of men’s jewellery, made for the man of the new world.

    Key Features of the dark.crash Men’s Collection: 

    • All-Black Aesthetic: The dark.crash Men’s Collection is characterised by its sleek, all-black design and augmented silhouettes, offering distinctive and powerful pieces for men who appreciate poised perfection.
    • High-Quality Craftsmanship: Crafted from the finest silver, each piece in this collection is designed to ensure durability and a luxurious feel.
    • Versatile Designs: The collection includes a range of jewellery pieces such as rings, bracelets, necklaces, and cufflinks, allowing men to express their style with versatility and sophistication.
    • Affordability: Staying true to crash.club’s commitment to affordability, the dark.crash Men’s Collection offers high-end jewellery that is accessible without compromising on quality.

    To celebrate the launch of the dark.crash Men’s Collection, crash.club by CKC is offering an exclusive 20% off on all items in the collection. This limited-time offer is the perfect opportunity to reconstruct your jewellery wardrobe and crash into the ultra-modish universe of sleek and bold men’s jewellery.

    crash.club

    Chaitanya V Cotha, Executive Director, C. Krishniah Chetty Group Of Jewellers (CKC Group): crash.club by CKC continues to push the boundaries of fashion jewellery, the dark.crash Men’s Collection is set to become a cornerstone of modern men’s style. This launch is not just about introducing new jewellery; it’s about redefining what it means to be stylish and sophisticated in today’s world. dark.crash was meticulously crafted to embody the essence of strength, simplicity, and sophistication, blending bold design elements that resonate with both men and women.

    For more information, please visit https://crash.club/collections/dark-crash

    Website: www.crash.club

    About crash.club by CKC

    crash.club by CKC is a brand that embodies inclusivity, affordability, and support for rhinoceros conservation through its unique, purpose-driven offerings. With a focus on high-fashion silver jewellery and lab-grown diamonds tailored for the new-age consumer, crash.club is dedicated to creating exceptional pieces that blend innovation with modernity. Each collection is thoughtfully designed to cater to a diverse audience, ensuring that everyone can find something that resonates with their personal style, while driving the needle forward for sustainable luxury.

    About C. Krishniah Chetty Group of Jewellers: 

    With a legacy spanning over 155 years, C. Krishniah Chetty Group is a name synonymous with fine jewellery craftsmanship and tradition. The group continues to innovate and evolve, combining timeless elegance with modern trends.

  • Forcas Studio Ltd planning to raise up to Rs. 37.44 crore from public issue; IPO opens August 19 #3

    Forcas Studio Ltd planning to raise up to Rs. 37.44 crore from public issue; IPO opens August 19 #3

    New Delhi [India], August 16: Forcas Studios Limited, an established menswear company since 2010, is planning to raise up to Rs. 37.44 crore from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge Platform of the National Stock Exchange. The public issue opens for subscription on August 19 and closes on August 21. The Proceeds of the public issue will be utilized to meet the company’s working capital requirement, upgrade the warehouse, prepay or repay certain secured loans availed and for general corporate purposes. Horizon Management Private Limited is the book-running lead manager of the issue.

    The initial public offering of Rs. 37.44 crore comprises a fresh issue of 4,680,000 shares of face value of Rs. 10 each. Company has finalized a price band of Rs. 77-80 per equity share for the public issue. The minimum lot size for retail investors is 1600 shares, amounting to a minimum investment of Rs 128,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to Rs 256,000.

    Highlights:-

    • Fresh Public issue of 46.8 lakh equity shares opens for subscription from August 19 to August 21
    • The menswear company sells its products through online platform under the brand name of ‘FTX’, ‘Tribe’ and ‘Conteno
    • Minimum lot size for application is 1600 shares; Minimum IPO application amount Rs. 1.28 lakh
    • Funds raised through the issue will be used to meet the working capital requirements, upgradation of warehouse, repayment of secured loans and general corporate purposes.
    • For FY23-24 (till February 2024) company reported revenues of Rs. 96.48 crore and Net Profit of Rs. 5.53 crore
    • Horizon Management Private Limited is the book-running lead manager of the issue.

    Incorporated in April 2010, Forcas Studio Limited sells men’s clothing, including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. The company provides these products online and in bulk to customers all over India. It also offers white-labelling services for other brands, such as Landmark Group, V-Mart Retail, V2 Retail, and more.

    The company offers a wide range of products, including shirts, denims, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers for the Indian menswear segment. The company sells its products through online platform under the brand name of ‘FTX’, ‘Tribe’ and ‘Conteno.

    The company has established a presence on all major online platforms, including Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd, and Shopsy. Additionally, the company has also sold products through various large-format stores, including V-Mart Retail, V2 Retail, Sarvana Retail and many more. The company has served more than 15000 pin codes in India.

    The company has a strong offline presence, with a presence on major online marketplaces and in over 500 large-format stores. They offer a wide range of products with a catalogue of over 1200 SKUs.

    The company has four warehouses in Kolkata for the purpose of supply chain management.

    Business Highlights:-

    Company has reported excellent operational and financial performance over years. The Company has witnessed a multi-fold growth in revenue and profitability over the years. For FY23-24 (till February, 2024), company has reported net profit of Rs. 5.53 crore and revenue of Rs. 96.48 crore as compared to profitability and revenue of Rs. 1.17 crore and Rs. 71.62 crore in FY22-23.

    As on February 2024, the Net Worth of the company was reported at Rs. 19.01 crore, Reserves & Surplus at Rs. 6.11 crore and Asset base of Rs. 123.79 crore. As on March 2024, the ROE of the company was 27.06%, ROCE at 18.54%, and RONW at 27.06%. Shares of the company will be listed on NSE’s Emerge platform.

    IPO Highlights – Forcas Studio Limited
    IPO Opens on August 19, 2024
    IPO Closes on August 21, 2024
    Issue Price Rs. 77-80 Per Share
    Issue Size 46.8 lakh shares – up to Rs. 37.44 crore
    Lot Size 1600 Shares
    Listing on NSE Emerge Platform of National Stock Exchange

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  • Ved Arogyam Offers Free Workshops on Overcoming Digital Eye Strain Through Yoga and Natural Remedies

    New Delhi [India], August 21: In an age dominated by digital screens and increasingly hectic lifestyles, the health of our eyes has become a growing concern. The detrimental effects of reduced sleep, excessive screen time, and poor dietary habits on ocular health are undeniable, particularly among the younger generation. Recognizing this alarming trend, Ved Arogyam has offered a much-needed solution through its free eye health seminars.

    Titled “Netra Shakti Yoga and Upchar,” these seminars are conducted across India to empower individuals with the knowledge and tools to safeguard their vision. At the heart of these initiatives is Naturopath and Yogacharya Dr. Vaidehi Taman, whose expertise in natural healing and holistic well-being has been instrumental in shaping the seminar’s content.

    The pervasive influence of technology on our lives has inadvertently compromised our eye health. The constant glare from screens reduces our blink rate, leading to dry eye syndrome, a condition characterized by discomfort, irritation, and blurred vision. Even young children are not immune to this problem, as they increasingly rely on smartphones and tablets.

    A Holistic Approach to Eye Care

    Ved Arogyam’s seminars advocate for a comprehensive approach to eye care that goes beyond conventional medical treatments. By emphasizing the role of lifestyle factors, nutrition, and yoga, the organization aims to equip participants with practical strategies to prevent and manage eye-related issues.

    Dr. Taman’s expertise in naturopathy and yoga provides a unique perspective on eye health. Through these seminars, participants gain insights into the connection between overall well-being and ocular health. They learn about the importance of a balanced diet rich in antioxidants, the benefits of regular physical activity, and the role of stress management in preserving vision.

    The “Netra Shakti Yoga and Upchar” seminars offer a wealth of information on various eye problems, including digital eye strain, age-related macular degeneration, and cataracts. Participants are taught simple yet effective eye exercises that can be incorporated into their daily routines to relieve strain, improve focus, and enhance visual clarity.

    By making these seminars accessible to the public at no cost, Ved Arogyam demonstrates a strong commitment to community well-being. This initiative is particularly commendable as it empowers individuals to take charge of their eye health and make informed decisions about their lifestyle choices.

    Ved Arogyam’s free eye health seminars are a timely and essential initiative that addresses a critical public health concern. By providing education, practical guidance, and support, the organization is helping people protect their vision and enjoy a better quality of life. If you are concerned about your eye health, participating in one of these seminars can be a valuable step towards safeguarding your vision for years to come.

    To enroll in a Ved Arogyam seminar, please contact: 9820199881 | 9833433447

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  • Seematti Introduces India’s First AI Fashion Brand Ambassador

    Seematti Introduces India’s First AI Fashion Brand Ambassador

    Kochi (Kerala) [India], August 19: Seematti, one of the oldest and most prestigious textile retail chains in India, a 110-year-old brand, has made history by introducing India’s first Artificial Intelligence (AI)-based fashion brand ambassador. Isha Ravi, the AI fashion model, will now represent Seematti in the Indian fashion world. Isha is depicted as a young woman with a deep interest in colors and travel from a young age, embodying independence and fashion. Speaking at the event held in Kochi on Saturday, Seematti CEO and Lead Designer Beena Kannan stated that this new step signifies the progress and new possibilities of Artificial Intelligence in the fashion industry.

    “I am confident that the fusion of technology and fashion will open new doors in fashion. For the first time in India, an AI model is becoming the ambassador of a fashion brand. I am proud that Seematti could achieve this, representing both India and Kerala. We should view this historic moment as a step into a new era of fashion and as the beginning of future fashion revolutions. I am extremely happy that we could introduce India’s first AI fashion brand ambassador,” added Beena Kannan.

    For the first time in India, a fashion brand is uniquely connecting technology and fashion. Seematti aims to showcase the possibilities of having an AI brand ambassador and is ready to offer the latest shopping experience using AI technology. The CEO mentioned that Seematti will keep customers informed about new features planned using AI.

    Seematti became particularly renowned for its bridal collections, offering a wide range of traditional and contemporary sarees that cater to the diverse tastes of Indian women. Under the visionary leadership of Beena Kannan, the granddaughter of the founder, Seematti has reached new heights. Her initiative, Beena Kannan Couture, presents an opulent collection of luxury wedding couture meticulously crafted for the contemporary bride. Additionally, Seematti Young, from the house of Seematti, offers the trendiest youthwear collection that perfectly blends style and comfort.

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  • Agarwal Industrial Corporation announced staller Q1 results, PAT surged by 41.44%

    Agarwal Industrial Corporation announced staller Q1 results, PAT surged by 41.44%

    New Delhi [India], August 19: Agarwal Industrial Corporation Limited, India’s most significant Private sector player in the bitumen sector, has released its highest-ever financial results for the period ended on 30 June 2024. For Q1FY25, the Company reported a 12.69% year-on-year (YoY) jump & consolidated revenue of Rs. 709.24 crores. EBITDA (earnings before interest, taxes, depreciation, and amortization) margin saw a massive increase of 46.53% at Rs.61.71 Crore. PAT (Profit after tax) stood at Rs.39.00 crore, with a significant increase of 41.44%. The company has reported volume growth of 26.60% & highest ever 1st quarter volume of 170,478.36 MT. The Board of Directors have approved a dividend of Rs. 3 per Equity Share of the face value of Rs. 10/- for FY23-24.

    Agarwal Industrial Corporation Limited is not just a bitumen player but also a significant player in the private sector in India. It functions as an Infrastructure Ancillary for the transport and logistics segments and provides logistics for bulk bitumen and LPG. The Company’s operations are diverse, with 7 manufacturing facilities, a portfolio of more than 20 products, and a fleet of 10 vessels with a capacity of around 1,02,049 MT.

    In January, Agarwal Industrial Corporation achieved a significant milestone by securing tenders to supply bulk bitumen from Bharat Petroleum Corporation for its Mumbai and Haldia locations, totalling 45,000 MTs valued at Rs 232.60 crore. The Company also secured a tender from Hindustan Petroleum Corporation for its Mangalore and Haldia locations, totalling 1,50,000 MTs with an approximate value of Rs.500 crore.

    The Union Budget 2023-24 laid a strong foundation for infrastructure development with a total proposed expenditure of Rs 45,03,097 crore. The interim budget has allocated a staggering Rs 2,72,000 crore for the Ministry of Road Transport and Highways, a significant increase from the previous year.

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  • Spark PWM Expands Bengaluru Office to Support Growing Team and Business Growth

    Spark PWM Expands Bengaluru Office to Support Growing Team and Business Growth

    Bengaluru (Karnataka) [India], August 19: Spark PWM Private Limited (formerly known as Spark Family Office and Investment Advisors (India) Private Limited), or Spark Private Wealth Management, a subsidiary of Spark Capital Advisors (India) Limited, a two-decade-old mid-market investment banking and financial services firm today announced the inauguration of a new office at Prestige Emerald in Bengaluru’s Ashok Nagar. This move is part of Spark PWM’s ongoing expansion strategy to accommodate its rapidly growing team and to better serve its clients in the region.

    Spark PWM has seen impressive growth over the past year, with its Assets Under Management soaring from INR 3,000 crores in April 2023 to over INR 20,000 crores today, thanks to its dedication to bespoke wealth management for Ultra HNI families across India.

    This year, Spark PWM has earned top industry awards, including Best Boutique Wealth Manager – Rising Star (India) at The Asset Triple A Private Capital Awards 2024 and Emerging Wealth Manager (India) at The Twelfth Annual WealthBriefingAsia Awards 2024, solidifying its status as one of India’s fastest-growing financial services firms.

    Spark PWM

    On the occasion of Bengaluru’s new office inauguration, Arpita Vinay, MD & Co-CEO, Spark PWM said, “Our expansion in Bengaluru is a direct result of our impressive growth in AUM and team size. As a crucial market for us, this new office will enhance our ability to offer tailored strategies and exceptional support to our clients in the region. This milestone marks a key step in our journey to becoming a leading private wealth management firm in India.”

    Kishore Rijhwani, Senior Director, Spark PWM added, “Bengaluru office will continue Spark PWM’s tradition of offering top-tier solutions through its open-architecture platform. This new location would enable the Ultra HNI families from the southern region to easily access our multi-family office proposition, which includes a comprehensive suite of services such as portfolio monitoring, investment management, estate planning, and tax services. We aim to bring our best-in-class services closer to our clients.”

    The company’s growth trajectory has also led to a significant expansion of its team. From just 60 members in April 2023, Spark PWM has grown to over 300 members today, including more than 130 highly skilled Relationship Managers. This expansion highlights the company’s commitment to attracting top talent and delivering best-in-class wealth management services.

    As part of its ambitious expansion plan, Spark PWM has extended its geographical footprint across India since last year and plans to expand to international markets. From a single office in Chennai, the company has expanded to key cities, including Mumbai, Delhi, Kolkata, Ahmedabad, Pune, Hyderabad, and Bengaluru, with a provision for servicing clients in satellite locations.

    About Spark PWM 

    Spark PWM Private Limited (formerly known as Spark Family Office and Investment Advisors (India) Private Limited), is a subsidiary of Spark Capital Advisors (India) Limited. The company extends the core DNA of Spark Capital – Knowledge, Integrity, Trust & Transparency – to help Affluent Families, Business Owners / Promoters, Family Offices, New Age Entrepreneurs and CXOs to navigate a world full of opportunities and risks. Spark PWM offers products and services designed to help them seamlessly create, preserve, and transition their wealth across their generations. The offerings are backed by a robust Investment Policy Framework which is backed by research and superior execution to pick future winner ideas well ahead of our competition.