Performance Chemiserve Limited (PCL), a group company of Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) and Petronet LNG Limited (PLL) execute 5.5-Years Regasification Agreement

 

New Delhi, July 11, 2025: Performance Chemiserve Limited (PCL), a wholly owned subsidiary of Deepak Mining Solutions Limited (DMSL) which is a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) and Petronet LNG Limited (PLL) have entered into a 5.5 years (commencing between May – July 2026 and ending on 31st December 2031) agreement for the regasification of Liquefied Natural Gas (LNG) to be imported by DFPCL group. Under the terms of the agreement, PLL will receive, store and regasify approximately 25.6 TBTUs of LNG annually, post an initial ramp-up period in calendar year 2026, at its Dahej terminal. This agreement will generate revenue of about Rs. 1200 crore for PLL with an upside potential to generate an additional revenue of upto 20%, over the contract duration. The regasified gas will be primarily utilised in manufacturing units of DFPCL group at Taloja. 

This agreement further expands the long-term business horizons of PLL, an energy & infrastructure company. PLL handled around 18 MMTPA LNG in FY 2024-25 through its two terminals with Dahej being the flagship and one of the busiest regas terminals in the world.

Earlier, an LNG Sale and Purchase Agreement was signed by DFPCL with Equinor, a global energy major headquartered in Norway.  Now, the regasification agreement has been signed between PLL and PCL, a DFPCL group company, a leading producer of fertilizers and industrial chemicals using natural gas. These agreements reinforce DFPCL Group’s strategic position across the value chain—from Natural Gas to Ammonia, further downstream into Building Block Nitric Acid and into a diversified portfolio of NPK fertilisers, industrial chemicals, and mining chemicals.

The regasification agreement was signed on July 10, 2025, at PLL’s corporate office in New Delhi in the presence of Shri A. K. Singh, Managing Director & CEO of PLL, and Shri Sailesh C. Mehta, Chairman of PCL and DFPCL.

On this occasion, Shri Sailesh C. Mehta, CMD, DFPCL said that this agreement marks a major milestone in our long-term vision to create a strong, reliable, and efficient supply chain—from natural gas to value-added downstream products. It will improve our operational efficiency and enhance our competitiveness by ensuring consistent access to cost-effective natural gas, especially for our Ammonia and related product lines. This integrated approach forms a solid and low-risk foundation for our continued forward integration into customised and specialty solutions. We believe this tie-up will add long-term value by strengthening energy security, improving cost efficiency, and ensuring supply reliability, thus reinforcing DFPCL’s vital role in driving India’s industrial and agricultural growth.

Shri A. K. Singh, MD & CEO, PLL said that we welcome DFPCL to our growing portfolio of valued partners. Such collaborations not only augment utilization of our expanded regasification capacity but also contribute meaningfully to the nation’s energy security and industrial growth. This agreement reinforces PLL’s position as a key energy / infrastructure provider there-by supporting vision of Government of India in increasing share of natural gas in India’s energy basket. 

WIAA Sets India Book of Records with Largest Student Gathering for Drawing-cum-Slogan Competition under the Supervision of Regional Transport Department

Mumbai, July 10, 2025 — In a historic step towards road safety awareness, the Western India Automobile Association (WIAA), under the leadership of Shri Nitin Dossa, Executive Chairman, has entered the India Book of Records for organizing the largest student gathering for a drawing-cum-slogan competition during the 36th National Road Safety Month 2025.

The record-breaking event, held on January 21, 2025, was conducted under the supervision of the Regional Transport Department, with exceptional coordination from Shri Bharat Kalaskar, Additional Transport Commissioner, and Ms. Hemangini Patil, Regional Transport Officer, Thane, along with their dedicated team. Their guidance and unwavering support played a crucial role in the successful execution of this large-scale initiative.

The event witnessed a massive participation of 11,082 students, who showcased their creativity through drawings and slogans focused on road safety, responsible driving, and traffic awareness.

To recognize and celebrate this milestone, an Award Ceremony was held on July 10, 2025, at Smt. Sulochanadevi Singhania School, Thane, under the guidance of Mrs. Revathi Srinivasan, Principal and teachers of Schools. Students from the following institutions participated and were felicitated:

● Smt. Sulochanadevi Singhania School, Thane,  

● Smt. Sunitidevi Singhania School, Thane 

● Gautam Singhania Global School, Thane

● Singhania School, Vapi

More than 100 winners were honored in the presence of esteemed dignitaries, educators, and road safety officials for their exceptional contributions. This groundbreaking initiative was a significant highlight of WIAA’s contribution to the National Road Safety Month, reinforcing its commitment to youth engagement, safe driving practices, and sustainable transport education.

We’re like Bade Miyaan and Chote Miyaan”: Chandan Roy on his special equation with his Panchayat co-star Faisal Malik

Ever since its debut, Prime Video’s fan-favourite show Panchayat has charmed audiences with its slice-of-life storytelling and unforgettable characters. Now, as the official announcement confirms that Season 5 is set to launch in 2026, anticipation is already building among fans eager to return to Phulera. At the heart of this world is an endearing duo that fans simply can’t get enough of — Prahlad Cha and Vikas, brought to life brilliantly by Faisal Malik and Chandan Roy, respectively. Season after season, their camaraderie, laced with humour and innocence, has become one of the show’s most loved highlights, bringing warmth, laughter, and an effortless charm to Phulera. 

At the Prime Day 2025 event in Delhi, actors Chandan Roy and Faisal Malik fondly reflected on their off-screen bond. In an engaging session moderated by Shilangi Mukherji, Director and Head of SVOD Business, Prime Video, India, Chandan credited Faisal entirely for the friendship that blossomed beyond the camera.

Praising Faisal for his warmth, Chandan expressed, “Our friendship, without a doubt, is because of Faisal, sir. His warmth is unmatched. He has this rare ability to make anyone feel like an old friend, even if you’ve just met him. You could spend just two hours with him, and it would feel like you've known him for years. Whether we were on set or at a hotel, he always made sure I was well-fed, with the most delicious meals. That simple act of care spoke volumes and naturally brought us closer. He welcomes people into his world with open arms, and that’s what makes him so special. All credit to him for the bond we share.” 

When asked who his best friend from the Panchayat cast is, Faisal promptly replied, “Chandan! We share a brotherly bond.” Echoing the sentiment, Chandan added with a smile, “Honestly, we’re like Bade Miyaan and Chote Miyaan.”

Produced by The Viral Fever, Panchayat Season 4 is created by Deepak Kumar Mishra and Chandan Kumar, written by Chandan Kumar, and directed by Deepak Kumar Mishra and Akshat Vijaywargiya. Streaming exclusively on Prime Video, the series features a stellar cast including Jitendra Kumar, Neena Gupta, Raghubir Yadav, Faisal Malik, Chandan Roy, Sanvikaa, Durgesh Kumar, Sunita Rajwar, Ashok Pathak and Pankaj Jha.

Panchayat Season 4 is a part of Prime Video’s Prime Day 2025 line-up. Amazon India returns with its much-awaited Prime Day from 12th to 14th July 2025. Prime members get ready to discover joy with big savings, great deals, new launches from leading brands, small and medium businesses, blockbuster entertainment, and much more. During Prime Day, save big with 10% savings on payment using ICICI Bank Credit/Debit cards, SBI Credit Cards, and EMI transactions on ICICI Bank Credit Cards and SBI Credit Cards. Amazon Prime is designed to make your life better every single day as it provides the best of shopping, savings, and entertainment in one single membership, unlimited 5% cashback on all purchases using their co-branded ICICI credit card, access to exclusive deals, early and exclusive access to our shopping events including Prime Day. Not a member yet? Join Prime in India, for an annual Prime membership at INR1,499 – with full shipping, shopping & entertainment benefits like Prime Video, Amazon Music, and more; Prime Lite at INR799 – with full shopping benefits & Prime Video benefits, or Prime Shopping Edition at INR399 – which is tailored for customers only looking for shipping and shopping benefits. Visit amazon.in/prime to join Prime now

ITB India 2025 Launches New Theme: The Business of Experience

Mumbai, ITB India returns for its fourth edition from 2 – 4 September 2025 at the Jio World Convention Centre, Mumbai, under the theme “The Business of Experience: Curated Travel for Targeted Growth.” Co-located with MICE Show India and Travel Tech India, the event offers a powerful B2B platform spotlighting personalized, experience-driven travel solutions tailored for the Indian and South Asian markets.

With 400+ exhibitors, 600+ qualified buyers, and over 8,000 attendees expected, ITB India 2025 will present niche travel experiences—from wellness escapes and cinematic journeys to spiritual and cultural explorations. Key participants include tourism boards from countries such as India, Italy, Japan, Malaysia (Sarawak), Kenya, and Sri Lanka, alongside leading hotels, DMCs, airlines, and travel tech providers.

“India and South Asia are evolving into experience-first travel markets. ITB India 2025 is a catalyst for innovation and strategic partnerships to meet this growing demand,” said Darren Seah, Executive Director, Messe Berlin Asia Pacific.

ITB India 2025 will spotlight several standout features designed to bring its theme of curated travel to life. Experience Zones will offer immersive showcases where attendees can sample local cuisines, explore wellness therapies, and experience destinations through virtual reality. The Buyer Elite Programme, supported by leading associations like ADTOI, ATOAI, NIMA, and TIA, will facilitate targeted matchmaking between exhibitors and high-quality buyers. A special focus will be on Indian Film Tourism, featuring panel discussions, B2B meetings, and partnership opportunities with production houses to explore cinema-inspired travel. Complementing these is a dynamic conference programme that will cover cutting-edge topics such as AI-driven personalization, measuring ROI from curated experiences, and sustainable travel strategies tailored to today’s experiential traveller. Early Bird Offer: Exhibitors can enjoy discounts until 15 July 2025; trade visitors benefit from Super Early Bird rates until 25 July 2025.

Gayatri-Ai Launches India’s First AI-Enabled Quantum Wellness Centre in Mumbai with a Star-Studded Inauguration

Mumbai, In a landmark moment for India's wellness sector, Gayatri-Ai officially launched its futuristic AI-enabled Quantum Wellness Centre on 7th July in *Andheri, Mumbai. Graced by *Chief Guest Mr. K. Anand Venkat Rao, CEO & MD of Qualiminds Corp Services Ltd & a highly accomplished Professional of Pharma Industry and an impressive lineup of celebrity guests including some from Bollywood, the event heralded a new era of non-invasive, AI-based holistic healing therapies in India.

The newly inaugurated centre boasts cutting-edge technologies such as the NLS Bioresonance 4D Diagnostic & medicines free health Rehabilitation device Metatron Metapathia, Metatron Z  100 *PlasmaHeal X4,  *Naria Chair ( superior to even Teslatech), Scaalar 360 Qi Coil™️, Z-100 Quantum Bio-Stimulator, and advanced Hydro-colon therapy systems. These are integrated into therapeutic wellness protocols powered by artificial intelligence, providing personalized and predictive care.

 “At Gayatri-Ai, we believe in empowering every individual to take charge of their wellness journey,” said Mr. Dharmprakash Tripathi, Chairman & Managing Director. “This centre embodies that vision—where human expertise meets scientific innovation to deliver outcomes that matter.” He added . Mrs. Shobhana DP Tripathi, Founder of Gayatri-Ai, added, “Wellness is not just the absence of disease—it’s the presence of balance, vitality, and purpose. Our ecosystem combines technology, intuition, and compassion to support that journey meaningfully.”

Chief Guest Mr. K. Anand Venkat Rao, is a MD and CEO of Qualiminds Corp services and Ex-VP of Dr. Reddy's Laboratories, Ex-President of Lupin, Ex-president of Glenmark, Ex-VP and Global Head of Cadila (Zydys) and Ex-VP of Nicholas Piramal joined at the auspicious event of launch and speaking at the inauguration, said: “Gayatri-Ai is a shining example of how traditional wellness values can be empowered through the lens of futuristic technologies. This centre will inspire a movement of health empowerment across India.”

The launch ceremony was further illuminated by the glittering presence of celebrities including Isha Kopikar, and Niharica Raizada, who added glamour and goodwill to this pioneering wellness initiative. Guests were treated to live demonstrations of featured therapies such as NLS Bio‑Resonance, Qi Coil™️ Scalar Therapy, PlasmaHeal X4, HHO Inhalation, and Hydro‑Colon Treatments, followed by a guided walkthrough of the facility and engaging conversations with the founders, medical consultants, and technology experts.

Spunweb Nonwoven Limited’s (SME) Initial Public Offering to open on Monday, July 14, 2025, price band set at ₹90/- to ₹96/- per Equity Share

• Price Band of ₹90/– ₹96/- per Equity Share bearing face value of ₹10/- each (“Equity Shares”)

• Bid/Offer Opening Date – Monday, July 14, 2025 and Bid/Offer Closing Date – Wednesday, July 16, 2025.

• Minimum Bid Lot is 2,400 Equity Shares and in multiples of 1200 Equity Shares thereafter.

RISKS TO INVESTORS 

 

Mumbai, July 8, 2025: Spunweb Nonwoven Limited has fixed the price band of ₹90/- to ₹96/- per Equity Share of face value ₹10/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, July 14, 2025, for subscription and close on Wednesday, July 16, 2025. Investors can bid for a minimum of 2,400 Equity Shares and in multiples of 1200 Equity Shares thereafter.

The IPO is fresh issue of up to 63,51,600 Equity Shares.

The proceeds from its fresh issuance will be utilized to the extent of Rs 29 crore for Funding the working capital requirements of the Company; Rs 10 crore for Investment in wholly owned subsidiary, SIPL, for funding its working capital requirements; Rs 8 crore for Repayment, in full or in part, of certain borrowings availed by our Company, and General Corporate Purposes.

Incorporated in 2015, Spunweb Nonwoven along with its subsidiary, Spunweb India Private Limited (“SIPL”), is engaged in the business of manufacturing of polypropylene spunbond nonwoven fabrics primarily used in industries such as hygiene, healthcare, packaging, agriculture and others (including roofing & construction, industrial and home furnishing). It is one of the largest manufacturers in spunbond nonwoven fabric industry in India, with an installed production capacity of 32,640 MT as of FY24 (Source: CareEdge Report). 

The Company’s product portfolio consists of hydrophobic nonwoven fabric, hydrophilic nonwoven fabric, super soft nonwoven fabric, UV treated fabric, antistatic nonwoven fabric and FR treated fabric in the width of 1.6m, 2.6m and 3.2m with the range of 7 to 150 grams per square metre (“GSM”). These products are available in more than 20 colours and they can be customized in colour with value-added services such as varied coatings, slitting, printing, sheet cutting and wider width fabrics. It is also engaged in supply of various types of nonwoven fabric bags. 

The company's customers include manufacturers of hygiene products viz. diapers, sanitary pads and under pads, manufacturers of healthcare products viz., face masks, PPE kits, surgical gowns and other medical disposable products. Its customers also include manufacturers of packaging products viz. shopping bags, grocery bags, suit cover bags and manufacturers of agricultural products viz. fruit cover and crop cover. Some of its customers include RGI Meditech Private Limited, Millenium Babycares Limited, Sekhani Industries Private Limited, Myra Hygiene Products Private Limited, Rotech Healthcare Private Limited, Poligof Micro Hygiene (India) Private Limited, Salus Products Private Limited, Kwalitex Healthcare Private Limited, JDS Nonwoven, Vyom Nonwoven, among others.

It manufactures, markets and sells their products in domestic as well as international markets. In domestic market, it has catered to more than 400, 450, and 485 customers during Fiscal 2023, Fiscal 2024 and Fiscal 2025. In the international market, it caters to more than 15, 20, and 20 customers during Fiscal 2023, Fiscal 2024 and Fiscal 2025, respectively, that are based in countries such as the United States of America, United Arab Emirates, Italy, Egypt, Saudi Arabia, Sri Lanka, Nepal, Kenya and Nigeria.

Its manufacturing facility has an installed capacity of 20,400 metric ton per annum. Its subsidiary has an installed capacity of 12,240 MTPA operated in two production lines. 

Spunweb Nonwoven’s revenue from operations increased 52.31% from Rs 148.61 crore in Fiscal 2024 to Rs 226.35 crore in Fiscal 2025, primarily on account of an increase in capacity utilization and number of customers. Further, consolidation of Spunweb Nonwoven Limited with Spunweb India Private Limited, Profit after tax increased from ₹ 5.44 crore in Fiscal 2024 to ₹ 10.79 crore in Fiscal 2025.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% of the offer shall be available for allocation to non-institutional bidders, and not less than 35% of the offer shall be available for allocation to retail individual bidders.

Vivro Financial Services Private Limited is the book-running lead manager of the Spunweb Nonwoven IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue. The market maker for Spunweb Nonwoven IPO is Rikhav Securities Limited.

Disclaimer: Spunweb Nonwoven Limited has filed a Red Herring Prospectus dated July 04, 2025 with the ROC. The Red Herring Prospectus shall be made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., Vivro Financial Services Private Limited at www.vivro.net, the website of the NSE at www.nseindia.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see “Risk Factors” on page 30 of the Red Herring Prospectus. The Equity Shares issued in the Issue have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons” (as defined in Regulation S of the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold (i) within the United States only to persons reasonably believed to be “Qualified Institutional Buyers” (as defined in Rule 144A of the Securities Act) under Section 4(a) of the Securities Act and (ii) outside the United States in offshore transaction in reliance on Regulation S under the Securities Act and the applicable laws of the jurisdiction where those offer and sales occur. The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Application may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.

DISCLAIMER CLAUSE OF SECURITIES AND EXCHANGE BOARD OF INDIA (“SEBI”): Since the Issue is being made in terms of Chapter IX of the SEBI ICDR Regulations, the Red Herring Prospectus has been filed with SEBI in terms of the Regulation 246 (5) of the SEBI ICDR Regulations, and the SEBI shall not issue any observation on Issue Document. Hence, there is no such specific disclaimer clause of SEBI. However, investors may refer to the entire “Disclaimer Clause of SEBI” on page no. 329 of the Red Herring Prospectus.

DISCLAIMER CLAUSE OF NSE (The Designated Stock Exchange): It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Issue Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Issue Document. The investors are advised to refer to the Issue Document for the full text of the “Disclaimer Clause of NSE” on page no. 329 of the Red Herring Prospectus.

ITB India – 2 - 4 September in Mumbai Connecting you to the Indian Travel Market

ITB India 2025 Drives Curated Travel Experiences for Targeted Market Growth

Under the new theme “The Business of Experience: Curated Travel for Targeted Growth”, ITB India is set to return for its fourth edition. The three-day B2B trade show and convention positions itself as a strategic platform for stakeholders aiming to foster targeted growth through curated, experience-driven travel offerings. From personalized wellness escapes and immersive cultural journeys to cinematic and adventure-led tourism, the event will highlight travel as a deeply emotional and uniquely tailored experience.

Berlin/Mumbai, 8 July 2025 – Taking place alongside MICE Show India and Travel Tech India, ITB India 2025 is happening from 2 - 4 September 2025 at the Jio World Convention Centre in Mumbai, bringing together key industry professionals from the MICE, Corporate, and Leisure sectors. The event will host over 400 exhibitors, including key global and regional players. Among them are National and Regional Tourism Organisations (NTOs and RTOs) from countries such as Finland, India, Indonesia, Italy, Japan, Kenya, Malaysia (Sarawak), Russia, and Sri Lanka. Alongside more than 150 renowned expert speakers, and upwards of 600 high-caliber buyers from across India and South Asia, the 3-in-1 show expects over 8,000 attendees, making ITB India the premier gateway for companies seeking to connect with one of the world’s most vibrant and rapidly expanding travel markets.

Darren Seah, Executive Director of Messe Berlin Asia Pacific and organiser of ITB India, MICE Show India, and Travel Tech India, underscores the event’s role in shaping the future of the region’s travel economy:

“The travel markets in India and South Asia are rapidly expanding, with increasing demand for personalized and curated travel experiences. ITB India 2025 offers an unrivaled platform for forging high-level strategic partnerships, promoting innovation, and driving sustainable growth in one of the world’s most dynamic travel economies.”

Experience-Driven Exhibitor Showcase

Exhibitors at ITB India 2025 reflect the growing demand for meaningful, personalized travel. Participating Destination Management Companies (DMCs), National and Regional Tourism Organizations (NTOs/RTOs) will promote niche segments such as cultural trails, culinary tourism, spiritual journeys, film tourism, wellness escapes, and immersive nature adventures. State tourism boards will place a strong emphasis on secondary and tertiary destinations, offering travellers authentic and in-depth experiences beyond the well-known hotspots.

Hotels and resorts include lifestyle brands built around experiential values like design, wellness, and community, alongside boutique and independent hotels that offer curated guest journeys tailored to specific traveller profiles. 

Travel technology providers will demonstrate solutions in AI, big data, CRM, and loyalty platforms, helping the industry unlock the full potential of experience personalization.

Specialist DMCs in adventure, wellness, film tourism, and ultra-luxury will be showcased, as well as MICE operators offering bespoke incentives and immersive corporate event formats. Premium transport providers and airlines will present enhanced onboard experiences, culinary concepts, and entertainment that extend the travel narrative beyond the destination.

Immersive Onsite Features & Experiences

The exhibition floor brings the theme to life with interactive elements such as:

Experience Zones, curated by destination partners, allowing attendees to sample local food, explore wellness treatments, or dive into destinations via virtual reality.

The Experience Networking Lounge provides a dedicated space for targeted B2B meetings between exhibitors and buyers with specific interests in areas like wellness, heritage, adventure, and film tourism.

Curated Spotlight Sessions offer focused micro-events for buyers and professionals in niche travel categories, enabling in-depth learning and tailored networking within key verticals such as Indian Film Tourism.

 

© ITB India 2025

Spotlight: Indian Film Tourism - A High-Growth Opportunity

One of the standout themes of ITB India 2025 is Indian Film Tourism, a high-potential growth area leveraging the cultural impact of Bollywood and regional Indian cinema.

India remains the largest film-producing country in the world, and destinations featured in iconic films, such as Switzerland, the UK, Dubai, or Kashmir, have seen significant tourism boosts through screen exposure. ITB India 2025 will feature:

Conference panels exploring how destinations can harness cinema and digital storytelling for tourism marketing.

B2B meetings between film producers, location scouts, tourism boards, and travel planners.

Partnership opportunities with film festivals and production houses to co-create cinema-inspired travel packages.

This spotlight underscores how destinations can tap into emotion-driven, narrative-based travel inspiration to engage the Indian market.

ITB India Conference Programme: Business of Experience in Focus

The conference programme aligns closely with the event’s central theme, providing deep insights into experience-led travel strategies. 

Key sessions will include:

• Driving ROI Through Curated Experiences

• Using Data & AI to Craft Personalised Journeys

• The Power of Community and Authenticity in Experience-led Travel

Additional topics explore:

• Emerging Indian traveller segments: cultural explorers, wellness seekers, and cinematic travelers.

• Experiential itinerary development for outbound Indian markets.

• Impactful MICE formats for immersive corporate travel and events.

• Travel tech’s role in enabling personalized travel at scale.

• Sustainable and purpose-driven travel models that support community regeneration and local economies.

Strategic Buyer Engagement through the Buyer Elite Programme

To maximize business opportunities, ITB India 2025 continues to strengthen its Buyer Elite Programme, supported by leading industry associations including the Association of Domestic Tour Operators of India (ADTOI), Adventure Tour Operators Association of India (ATOAI), Network of Indian MICE Agents (NIMA), and Tourism India Alliance (TIA), among others. This initiative facilitates targeted buyer-exhibitor matchmaking, ensuring strategic engagement and high-quality interactions.

Registration and Early-Bird Offers

Exhibitors can take advantage of the Early Bird offer until 15 July 2025, which includes a discount on booth registration, full access to the show floor and conference sessions, and up to 33 pre-scheduled meetings with qualified buyers.

Trade visitors benefit from Super Early Bird rates until 25 July 2025, with access to ITB India, MICE Show India, and Travel Tech India.

For further information and registration details, please visit www.itb-india.com.

About ITB India 

ITB India is an annual 3-day business-to-business trade show and convention curated to connect you to the Indian Travel Market. ITB India brings together key travel industry leaders and international exhibitors from various segments of MICE, Leisure, Corporate, and Travel Technology. Leverage on ITB India to capture the fast-growing Indian and South Asian Markets, forge new partnerships, and strengthen existing business relations with the most important players in India and South Asia.

About ITB Global Brand Family 

For more than 50 years the name ITB has stood worldwide for the travel industry knowledge 365 days a year, networking and trendsetting events - in a virtual, in-person, or hybrid format alike. As the travel industry resurges, the ITB brand family is among the first to come back to offering on-site in-person events. ITB India will be held in Mumbai from September 2 to 4, 2025. ITB Asia will take place in Singapore from October 15 to 17, 2025, covering the broader regional market. ITB Berlin, the world’s leading B2B trade show for the travel industry, will take place in Berlin from March 3 to 5, 2026. ITB China, the premier marketplace for China’s travel industry, is scheduled for 26 to 28 May 2026, in Shanghai. The inaugural ITB Americas will be held in Guadalajara, Mexico, from 10 to 12 November 2026, covering the American market.

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KISNA Diamond and Gold Jewellery unveils its 82nd exclusive showroom in Borivali, Mumbai

Mumbai, 7-Jul-2025: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, proudly announces the grand opening of its 82nd exclusive showroom at Sky City Mall, F-02, First Floor, Devipada, Western Express Highway, Borivali. This milestone reinforces KISNA’s commitment to making luxury diamond and gold jewellery more accessible across India, furthering its vision of ‘Har Ghar KISNA.’

The prestigious launch event was graced by Mr.Sanjay Upadhyay, MLA, Borivali Vidhansabha with Mr. Ghanshyam Dholakia, Founder & Managing Director of Hari Krishna Group, Mr.Parag Shah, CEO Kisna and franchise owners Mr.Ratan Dulani and Mr.Sunil Dharmani, along with other esteemed dignitaries. To celebrate this landmark occasion, KISNA is offering flat 50% off on making charges of diamond jewellery and 20% off on making charges of gold jewellery, presenting an irresistible opportunity for residents in and around Borivali to indulge in some exquisite jewellery craftsmanship.

As KISNA’s third exclusive showroom in Mumbai, this launch represents a significant milestone in the brand’s strategic growth. Renowned for its deep-rooted appreciation of fine jewellery and artisanal excellence, Mumbai offers immense potential for expansion. The new showroom underscores KISNA’s mission to bring exceptional diamond and gold jewellery closer to customers in the region.

On the launch of the 82nd exclusive showroom, Mr. Ghanshyam Dholakia, Founder & Managing Director, Hari Krishna Group, said, “With the inauguration of our 82nd exclusive showroom, we are not just marking a number, we are deepening Kisna’s connection with the dreams and aspirations of millions of Indian households. Every showroom is a step forward in our mission to democratize diamonds, where world-class craftsmanship meets everyday elegance. This milestone reflects the trust our 

customers place in us and our commitment to making fine jewellery more accessible, meaningful, and woven into the fabric of modern Indian life.

Parag Shah, CEO, Kisna Diamond and Gold Jewellery, said, “The opening of our 82nd exclusive showroom, which is also our largest to date, marks the accelerating momentum behind Kisna’s vision of becoming India’s most loved and trusted diamond and gold jewellery brand. We are building a strong, future-ready retail network that blends accessibility with aspiration. As we grow, our focus remains on empowering local markets, enhancing consumer experience, and delivering value through timeless design and transparent pricing.”

The new KISNA showroom in Borivali has been thoughtfully designed to offer a spacious and opulent shopping experience, being one of the largest exclusive showrooms, spread across 900 sq. ft., offering a grand showcase of its exquisite jewellery collections. Customers can explore a wide range of 100% IGI Certified diamond jewellery and BIS Hallmarked gold pieces, including daily wear and bridal collections. While reflecting Borivali’s local aesthetic, the showroom retains KISNA’s signature elegance, offering a curated selection of jewellery for every occasion.

KISNA continues its ambitious expansion journey, with plans for several new showrooms across metropolitan, Tier 1, Tier 2, and Tier 3 cities, reinforcing its mission of becoming India’s most accessible and trusted jewellery retailer. The Borivali showroom is a testament to KISNA’s dedication to quality, sophistication, and community engagement. As part of the launch celebrations, KISNA will also organize a blood donation drive and provide meals for 100 underprivileged individuals, embodying its commitment to social responsibility.

About KISNA Diamond & Gold Jewellery

Launched in 2005, KISNA is the flagship diamond and gold jewellery brand from the Hari Krishna Group. KISNA has established an extensive distribution network, reaching over 3,000 shop-in-shop outlets across 28 states in India. The brand now boasts 60 exclusive showrooms across the country. With ethical sourcing of diamonds from mines to market, KISNA offers an unmatched portfolio of over 10,000 unique designs. KISNA’s wide range of products includes Rings, Earrings, Pendants, Mangalsutras, Necklaces, Bangles, Bracelets, Nose Pins inclusive men’s jewellery in 14KT and 18KT gold, all 100% IGI Certified and BIS Hallmarked. The company also provides 90% Buyback and 95% Exchange on diamond jewellery, including making charges.

KISNA Diamond & Gold Jewellery’s online platform is a curated space where elegance meets convenience. As your trusted online brand, we offer a seamless shopping experience, featuring latest diamond and gold jewellery designs. Explore timeless sophistication with KISNA, your ultimate destination for authentic and stylish pieces on www.kisna.com

LIC of India introduces new Plans LIC’s Nav Jeevan Shree (Plan 912) & LIC’s Nav Jeevan Shree Single Premium (Plan 911)

Shri Sat Pal Bhanoo, CEO & MD (In-Charge), Life Insurance Corporation of India launched new plans, LIC’s Nav Jeevan Shree (UIN: 512N387V01) and LIC’s Nav Jeevan Shree Single Premium (UIN: 512N390V01) on 04.07.2025.

The two new Plans launched are combinations of savings and protection and are specially designed to generate an adequate corpus to meet various needs of our life cycle.

The purpose of LIC’s Nav Jeevan Shree (Plan 912) is to cater to the all the needs of individuals specifically of younger generation who wish to fulfill their dreams, goals, responsibilities and also provide security.

LIC’s Nav Jeevan Shree (Plan 911) – A Single Premium policy is meant for building corpus along with providing life insurance.

In the current environment when interest rates are very volatile, these two Plans provide Guaranteed Additions throughout the policy term.

LIC’s Nav Jeevan Shree – (Plan 912)

This is a Limited Premium endowment plan which provides Guaranteed Additions as a % of Tabular Premium. Premiums can be paid in terms of 6, 8, 10 & 12 years.

• Minimum Age at Entry is 30 days (completed). Maximum Age at Entry is 60 years (nearer birthday) for PPT 6,8 and 10 years, 59 years (nearer birthday) for PPT 12 years
• Minimum Policy Term is 10 to 16 years as per PPT opted
• Maximum Policy Term is 20 years
• Premium Payment Term is 6,8,10 & 12 years
• Minimum Basic Sum Assured Rs. 5,00,000
• Maximum Basic Sum Assured – No Limit (subject to underwriting decision)
• Guaranteed Additions for an in-force policy during the policy term shall accrue at the end of each policy year. The Rate of Guaranteed Additions ranging from 8.50% to 9.50% as a % of Total Tabular annual Premium in respect of premiums paid according to the Policy terms from 10 to 20 years.

 

LIC’s Nav Jeevan Shree Single Premium (Plan 911)

This Plan is a Single Premium Endowment plan with Guaranteed Additions.

Guaranteed Additions shall accrue at the rate of Rs. 85 per thousand Basic Sum Assured at the end of each policy year from the inception till the end of Policy Term.

• Minimum Age at Entry is 30 days (completed). Maximum Age at Entry is 60 years (nearer birthday) under Option-I, 40 years (nearer birthday) under option II
• Minimum Age at maturity is 18 years (completed) and Maximum Age at maturity is 75 years (nearer birthday) under option I, 60 years (nearer birthday) under Option II
• Minimum Policy Term is 5 years
• Maximum Policy Term is 20 years
• Minimum Basic Sum Assured Rs. 1,00,000
• Maximum Basic Sum Assured – No Limit (subject to underwriting decision)

While Nav Jeevan Shree facilitates regular premium to built corpus, Nav Jeevan Shree – Single Premium facilitates lump sum payment to provide for life insurance and attractive option to generate targeted corpus for individual needs.

LIC of India introduces new Plans LIC’s Nav Jeevan Shree & LIC’s Nav Jeevan Shree Single Premium

Shri Sat Pal Bhanoo, CEO & MD (In-Charge), Life Insurance Corporation of India launched new plans, LIC’s Nav Jeevan Shree (UIN: 512N387V01) and LIC’s Nav Jeevan Shree Single Premium (UIN: 512N390V01) on 04.07.2025.

The two new Plans launched are combinations of savings and protection and are specially designed to generate an adequate corpus to meet various needs of our life cycle.

The purpose of *LIC’s Nav Jeevan Shree (Plan 912)* is to cater to the all the needs of individuals specifically of younger generation who wish to fulfill their dreams, goals, responsibilities and also provide security.

*LIC’s Nav Jeevan Shree (Plan 911)* – A Single Premium policy is meant for building corpus along with providing life insurance.

Salesforce to Advance AI-Led Processes for Godrej Capital’s Lending Business

●       Collaboration brings together Salesforce’s AI-led platforms and Deloitte’s implementation expertise to accelerate the digital lending process of Godrej Capital’s subsidiaries.

●       The collaboration integrates Salesforce's AI-driven Loan Origination System (LOS) to complement and strengthen the existing AI-led infrastructure of Godrej Capital subsidiaries, accelerating digital onboarding, risk intelligence, and operational agility.

 

Mumbai, July 4, 2025: Godrej Capital, the financial services arm of the Godrej Industries Group, and Salesforce, the #1 AI CRM*, today announced a strategic collaboration to deepen Godrej Capital’s subsidiaries’ technology edge in digital lending infrastructure and drive superior customer experience across its portfolio in India. Deloitte India has been onboarded as the implementation partner for this initiative, facilitating  seamless integration and accelerated deployment of Salesforce’s advanced platforms across Godrej Capital’s lending ecosystem.

 

Known for its consistent focus on innovation and early adoption of GenAI-driven solutions, this collaboration with Salesforce reflects a shared vision to build a future-ready, digitally agile lending ecosystem. With Deloitte’s proven expertise in delivering large-scale technology transformations, the partnership is expected to significantly enhance operational agility, customer experience, and risk intelligence across the company’s product portfolio.

 

As a part of this collaboration, the company is enhancing its lending infrastructure by consolidating its Loan Origination System (LOS) into best-in-class AI-driven platforms, powered by Salesforce, across its entire product line, alongside its existing core customer relationship management (CRM) platform. This modernized infrastructure enables the delivery of highly intelligent, seamless, and personalized lending journeys - right from initial application to disbursement. These enhancements are aimed at further improving turnaround times, driving accuracy, and strengthening credit delivery for individuals and enterprises across India.

 

By leveraging Salesforce’s AI-driven insights, the company is creating a more agile, data-lending process to support smarter cross-selling strategies, sharpen risk management, and deliver more tailored experiences at scale. With a unified 360-degree view of customers across products, channels, and touchpoints, the company is well-positioned to continue offering exceptional customer service, operational agility, and minimized manual interventions across its lending lifecycle.

 

Comments on the news:

Manish Shah, MD & CEO, Godrej Capital, said, “At Godrej Capital, our technology-first approach and ongoing investments in GenAI have been key to how we scale financial solutions. Our continued association with Salesforce, a global leader in AI-driven platforms complements these efforts, enabling us to deliver even smarter credit experiences, improve operational efficiency, and create new opportunities for personalization and speed. More importantly, this partnership reflects our shared focus on applying technology to solve real-world challenges in financial services and supporting India's broader economic growth through a more inclusive, agile lending ecosystem.”

 

Arundhati Bhattacharya, President and CEO, Salesforce - South Asia, shared, “The financial services industry is at a defining moment — where technology is not just enhancing systems, but fundamentally reshaping how institutions engage, decide, and serve their customers. In a digital-first world, the future will belong to those who lead with intelligence, agility, and trust. AI is central to this shift - enabling faster decisions, deeper customer insight, and more personalized engagement at scale. Godrej Capital stands out as a bold innovator in this space - combining a strong customer-first ethos with a digital-first mindset. As they reimagine credit delivery not only for India’s MSMEs but for every borrower, entrepreneur, and household that fuels the country’s growth, we’re proud to support their journey with a unified, AI-powered platform that brings together data, intelligence, and speed to unlock the next frontier of inclusive growth.”

 

Ashwin Ballal, Partner, Deloitte India, added, “We are pleased to partner with Godrej Capital on this ambitious transformation. The integration of Salesforce’s AI-led platforms, combined with Godrej Capital’s digital-first vision, presents a tremendous opportunity to reshape lending experiences in India. Our deep domain knowledge, proven implementation capabilities, and global best practices will support Godrej Capital in building an agile, scalable, and future-ready digital infrastructure that delivers real business impact.”

 

With an expanding footprint, Godrej Capital continues to invest in scalable, future-ready technology. Its in-house teams are driving GenAI-led solutions across functions to enhance efficiency. Strengthening this, SAKSHAM, the company’s enterprise-grade GenAI and ML platform, centralises AI development, enables secure LLM integration, and simplifies governance to deliver intelligent, customer-centric solutions for the evolving BFSI landscape.

 

As part of the ongoing product innovation, Salesforce continues to expand the boundaries of enterprise AI with Agentforce — the Salesforce Platform that enables companies to build and deploy AI agents capable of autonomously taking action across business functions. Agentforce represents the next evolution of Salesforce — a platform where AI agents work alongside humans to create a digital workforce that amplifies human potential and delivers results with unmatched speed and intelligence.

 

*Salesforce, the #1 CRM, powered by AI technology and capabilities.

 

This feels like the start of something unforgettable." Says Alia Bhatt while praising the first glimpse of Namit Malhotra's Ramayana starring Ranbir Kapoor, Sai Pallavi and Yash!

Finally, the first glimpse of Namit Malhotra's Ramayana, starring Ranbir Kapoor, Sai Pallavi, and Yash, has been released, leaving the masses stunned. Set 5,000 years ago and revered by 2.5 billion people around the world, this epic is a two-part live-action cinematic universe, reimagined on the scale of the biggest tentpoles produced to date. The film unites some of the most celebrated talent from Hollywood and India in a partnership never seen before. Being the biggest film ever made, it has been garnering tremendous love from all around.

Joining the wave of appreciation, actress Alia Bhatt has also expressed her excitement to witness something truly unforgettable with this film.

Taking to her social media, Alia Bhatt shared the first glimpse of Ramayana and wrote in the caption –

"Some things don't need words.

This feels like the start of something unforgettable.

Diwali 2026 - we're waiting

@worldoframayana #Ramayana @iamnamitmalhotra @niteshtiwari22 @thenameisyash #RanbirKapoor @saipallavi.senthamarai @iamsunnydeol @ravidubey2312 @hanszimmer @arrahman"

https://www.instagram.com/reel/DLo84olzrT3/?igsh=MWl4ZGFhZ3E3amo4NQ==

Directed by Nitesh Tiwari, Produced by Namit Malhotra’s Prime Focus Studios and 8-time Oscar winning VFX studio DNEG in association with Yash’s Monster Mind Creations;  Ramayana is being filmed for IMAX and will release worldwide : Part 1 in Diwali 2026 and Part 2 in Diwali 2027.

"For me, it’s about the pride we should feel for the great culture we have in our country." Says director Nitesh Tiwari speaking about Namit Malhotra's Ramayana starring Ranbir Kapoor, Sai Pallavi and Yash!*

*"It has been a very, very long dream!" Says producer Namit Malhotra while speaking about Ramayana starring Ranbir Kapoor, Sai Pallavi and Yash!*

The wait is finally over. The first glimpse of Namit Malhotra's Ramayana, starring Ranbir Kapoor, Sai Pallavi, and Yash is out and has taken the internet by storm. Set 5,000 years ago and revered by 2.5 billion people globally, this grand epic unfolds as a two-part live-action cinematic universe, crafted on a scale matching the biggest global tentpoles.

Bringing together iconic talent from both Hollywood and India, Ramayana promises to be a cinematic spectacle like never before. Hailed as the biggest film ever made, it has already begun receiving overwhelming love and admiration from audiences across the world. 

While the first glimpse was launched in front of a packed IMAX auditorium filled with media professionals and fans alike, director Nitesh Tiwari and Namit Malhotra who were present at the launch was seen opening about the film. 

When an audience asked director Nitesh Tiwari what he hoped to achieve by bringing this epic to the big screen, he said: “For me, it’s about the pride we should feel for the great culture we have in our country. If we can evoke that and show the world what we stand for, that would be an achievement—and that’s what I’m hoping to do with this.”

Namit Malhotra, the producer of Ramayana and founder of Prime Focus Limited, whose subsidiary DNEG specializes in visual effects, animation, and stereo conversion, expressed his disbelief that the film’s first visual asset was finally out for the audience to experience. He said, “It has been a very, very long dream, to put our hearts and souls into this and do justice to it. My only aspiration is: how do we take our greatest culture, our greatest history, and share it with the world?”. He also added that his company is leaving no stone unturned in its effort to deliver the most spectacular cinematic experience possible.

Directed by Nitesh Tiwari, Produced by Namit Malhotra’s Prime Focus Studios and 8-time Oscar winning VFX studio DNEG in association with Yash’s Monster Mind Creations;  Ramayana is being filmed for IMAX and will release worldwide : Part 1 in Diwali 2026 and Part 2 in Diwali 2027.

Travel Food Services Limited’s Initial Public Offering to open on Monday, July 7, 2025, price band set at ₹1,045/- to ₹1,100/- per Equity Share

(L-R) Vikas Vinod Kapoor, Whole Time Director & Chief Financial Officer, Mr. Varun Kapur, Managing Director and Chief Executive Officer, Gaurav Dewan, Chief Operating Officer Travel Food Services Limited and Sarah John, Corporate Affairs Director of SSP, addressing the Media at their IPO Press Conference held in Mumbai today.

 

Mumbai, July 2, 2025: Travel Food Services Limited has fixed the price band of ₹1,045/- to ₹1,100/- per Equity Share of face value ₹1/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, July 7, 2025, for subscription and close on Wednesday, July 9, 2025. Investors can bid for a minimum of 13 Equity Shares and in multiples of 13 Equity Shares thereafter.

The IPO is entirely an offer for sale up to equity shares aggregating to Rs 2,000 crore by Kapur Family Trust. A discount of ₹104 per equity share is being offered to eligible employees bidding in the employee reservation portion.  

Travel Food Services Limited is engaged in the fast-growing Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”) sectors. It operates a travel quick service restaurant (“Travel QSR”) and a lounge (“Lounge”) business across airports in India, Malaysia and Hong Kong. It also has Travel QSRs on nine highways in India. Its Travel QSR business comprises a range of F&B concepts tailored to customers' demands for speed and convenience within travel environments. As of March 31, 2025, its F&B brand portfolio includes 127 partner and in-house brands.

The company has a market share based on revenue (including Associates and Joint Ventures) of approximately 26% in the Indian airport travel QSR sector and approximately 45% in the Indian airport Lounge sector in Fiscal 2025, according to the CRISIL Report. Its Lounge business comprises designated areas within airport terminals, accessible primarily by first and business-class passengers, members of airline loyalty programs, select credit card and debit card holders, and members of other loyalty programs.

TFS has a presence in 14 airports in India, three airports in Malaysia, and one airport in Hong Kong as of March 31, 2025. Out of the 14 airports in India, 13 of them were among the 15 largest airports in the country including Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, and Chennai.

Travel Food Services’ revenue from operations increased by 20.87% to ₹1,687.74 crore in Fiscal 2025 from ₹1,396.32 crore in Fiscal 2024, attributable to an increase in LFL Sales Growth and Net Contract Gains. Profit for the year increased by 27.35% to ₹379.66 crore in Fiscal 2025 from ₹298.12 crore in Fiscal 2024.

Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, and Batlivala & Karani Securities India Private Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% and 35% of the offer shall be available for allocation to non-institutional investors, and retail individual bidders respectively.

 

Notes for Reference:

Issue Size of the IPO based on the upper and lower end of the price band

	Offer for Sale
Lower Band (@ Rs 1,045)	Rs 2,000 crore
Upper Band (@ Rs 1,100)	Rs 2,000 crore

 

Crizac Limited’s Initial Public Offering to open on Wednesday, July 2, 2025, price band set at ₹233/- to ₹245/- per Equity Share

Mumbai, June 27, 2025: Crizac Limited has fixed the price band of ₹233/- to ₹245/- per Equity Share of face value ₹2/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Wednesday, July 2, 2025, for subscription and close on Friday, July 4, 2025. Investors can bid for a minimum of 61 Equity Shares and in multiples of 61 Equity Shares thereafter.

The IPO is entirely an offer for sale up to equity shares aggregating to Rs 723 crore and Rs 137 crore by Pinky Agarwal and Manish Agarwal respectively. 

Crizac Ltd is a B2B education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ). During the last three fiscals, it has processed over 7.11 lakh student applications while working with over 173 global institutions of higher education primarily in United Kingdom, Republic of Ireland, Canada and USA. It has 2,237 Active Agents in India and around 1,711 Active Agents in over 39 countries overseas including United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada and Egypt.

Some of the global institutions of higher education that Crizac has worked with includes University of Birmingham, University of Surrey, University of Sunderland, Nottingham Trent University, University of Greenwich, University of West London, University of Portsmouth, De Montfort University, Glasgow Caledonian University, Aston University, University of Dundee, Dundalk Institute of Technology, Coventry University and Swansea University.

Crizac is based in India with co-primary operations in London, United Kingdom. In addition, it has consultants in multiple countries including Cameroon, China, Ghana, and Kenya. As on March 31, 2025, it had a team of 368 employees and 12 consultants.

Crizac’s revenue from operations increased 33.81% from Rs 634.87 crore in Fiscal 2024 to Rs 849.49 crore in Fiscal 2025, due to an increase in the revenue from its education consultancy services as a result of increase in commission from universities. Profit after tax increased by 28.62% from ₹ 118.90 crore in Fiscal 2024 to ₹ 152.93 crore in Fiscal 2025.

Equirus Capital Private Limited, and Anand Rathi Advisors Limited, are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% of the offer shall be available for allocation to non-institutional investors, and not less than 35% of the offer shall be available for allocation to retail individual bidders.

Notes for Reference: 

Issue Size of the IPO based on the upper and lower end of the price band

Offer for Sale  

Lower Band (@ Rs 233) Rs 860 crore

Upper Band (@ Rs 245) Rs 860 crore

*ICICI Prudential Life Insurance* announces the launch of *ICICI Pru Smart Insurance Plan Plus,* a market-linked product specially designed for young, first-time investors.

*Key numbers:*

• ₹1,000 monthly premium – making long-term investing accessible

• 25 fund options and 4 portfolio strategies for tailored investing

• Flexibility to switch funds anytime, with no cost or tax impact

• Optional Waiver of Premium to protect long-term goals

• 100% digital onboarding and service experience

• Life cover for financial protection

LIC Group ranks 4th among the top 10 most valuable Indian brands 2025; Brand Value up 35%

 Mumbai June 25, 2025: PSU insurance giant Life Insurance Corporation of India (LIC) ranked 4th among the 10 most valuable brands in India, according to the Brand Finance India 100 2025 report.

The report notes that LIC's 2025 brand value stood at USD 13.6 billion up 35.1% from 2024 brand value of USD 10.07 billion.

Life Insurance Corporation of India (LIC) reigns supreme among the top brands ranked in the Indian insurance sector. It claimed the position of the world’s third strongest insurance brand ranked by Brand Finance’s 2025 Global Insurance 100 report, achieving a BSI score of 87.9/100. Based on Brand Finance’s market research data, LIC is perceived as a brand with high familiarity and appeal in its home market, alongside its sustained AAA brand strength rating.

Back in the list of top 10 firms by market capitalisation, LIC stands at the 8th spot with a market capitalisation with Rs 5.98 trillion backed by a 38% year-on-year growth in its Q4FY25 consolidated net profit at Rs 19,039 crore versus Rs 13,782 crore in the year ago period. The state-insurer announced a final dividend of Rs 12 per equity share for the financial year ended March 31, 2025.

The India 100 2025 by brand value is the culmination of an objective assessment of over 200 Indian brands, spanning many sectors including IT services, hospitality, automotive, pharma, tyres, retail and others, requiring robust data.  Brand Finance methodology is to tap into the latest available audited financials of companies and combine that with a thorough brand strength analysis using primary and secondary research covering both B2C and B2B brands.

Link: https://brandirectory.com/reports/india

 

Cedaar Textile Limited IPO Opens on June 30, 2025

●   Total Issue Size - Up to 43,50,000 Equity Shares of ₹ 10 each

●   IPO Size - ₹ 60.90 Crore (At Upper Price Band)

●   Price Band - ₹ 130 - ₹ 140 Per Share

●   Lot Size -s 1,000 Equity Shares

Mumbai, June 24, 2025 – Cedaar Textile Limited (The Company, Cedaar) manufacturer of a diverse range of yarns and textile products, proposes to open its Initial Public Offering on Monday, June 30, 2025, aiming to raise ₹ 60.90 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is 43,50,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 130 - ₹ 140 Per Share.

Equity Share Allocation

QIB Anchor Portion - Up to 7,82,000 Equity Shares

Qualified Institutional Buyer - Up to 5,22,000 Equity Shares

Non-Institutional Investors - Not less than 13,28,000 Equity Shares

Retail Individual Investors - Not less than 15,00,000 Equity Shares

Market Maker - 2,18,000 Equity Shares

The net proceeds from the IPO will be utilized for installation of Grid-tied Solar PV Rooftop System for captive evacuation, modernization of the machines, to meet working capital requirements, and general corporate purposes. The anchor bidding will open on June 27, 2025 and the issue will close on July 02, 2025.

The Book Running Lead Manager to the Issue is Fast Track Finsec Private Limited, The Registrar to the Issue is Skyline Financial Services Private Limited.

Mr. Rajesh Mittal, Managing Director of Cedaar Textile Limited expressed, "This IPO represents a defining step forward for Cedaar Textile Limited as we prepare to scale our operations and broaden our impact in the textile sector. Over time, we’ve built a reputation for offering high-quality and diversified yarn solutions, driven by a deep understanding of market trends and customer preferences.

 

The capital raised will allow us to modernize key manufacturing assets, strengthen our energy efficiency through solar integration, and expand into promising areas such as technical textiles and branded apparel. We see this as a strategic opportunity to reinforce our leadership in the value-added textile segment, deepen our market presence, and continue delivering innovative, sustainable products to our customers worldwide."

 

Mr. Vikas Varma, Director of Fast Track Finsec Private Limited said, “We are pleased to be associated with Cedaar Textile Limited as they take this important step in their growth journey through the launch of their Initial Public Offering. The company’s consistent focus on innovation, sustainability, and diversification across yarns, fabrics, and apparel positions it strongly within the evolving textile landscape.”

The Indian textile and apparel industry is witnessing robust growth, driven by rising global demand, government initiatives, and a growing preference for sustainable and value-added products. Cedaar Textile is well-placed to capitalize on these trends, and we believe this IPO will play a pivotal role in helping the company scale its operations, strengthen its market presence, and create long-term value.”

About Cedaar Textile Limited:

Cedaar Textile Limited (The Company, Cedaar) manufactures and markets a diverse range of yarns and textile products, including Melange Yarns, Solid Top Dyed Yarns, Raw White Yarns and Grey Fancy Yarns in blends of Cotton, Polyester, Viscose, Acrylic, Tencel, Modal, and other fibers.

With a strong focus on sustainability, it offers products made from 100% Organic and Recycled Fibers, as well as Fabric and Technical Textiles. The company has also ventured into women’s athleisurewear under the brand "U&I" and is in discussions for the acquisition of a garment manufacturing unit.

In FY24, The Company Achieved a Revenue of ₹ 18,968.38 Lakhs, EBITDA of ₹ 2,881.05 Lakhs, & PAT of ₹ 1,105.04 Lakhs.

As of Dec 24, The Company achieved a Revenue of ₹ 11,202.62 Lakhs, EBITDA of ₹ 1,958.98 Lakhs & PAT of ₹ 706.18 Lakhs.

Disclaimer:

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