Latest news with #Dhruva
India Today
21-07-2025
- Entertainment
- India Today
Ram Charan bulks up, sweats it out in the gym for Peddi. Viral pic
Ram Charan's physical transformations have consistently made headlines. From 'Dhruva' to 'RRR' and now with 'Peddi', he's once again raising the bar. His latest post-workout photo, shared on social media, has fans buzzing with anticipation about his look in the upcoming film, 'Peddi', directed by Buchi Babu 'Acharya' actor shared the picture on X and captioned it, 'Changeover for @PeddiMovieOffl begin!! Pure grit. True Joy. (sic)'. The image shows him in a rugged look, flaunting his bulked-up physique, a clear teaser of the power-packed role he's preparing the post: Buzz around 'Peddi' has been building steadily ever since the first look and promotional glimpses were released, striking a chord with both fans and audiences. Joining Charan in the cast are Janhvi Kapoor as the female lead, Kannada superstar Shiva Rajkumar, Jagapathi Babu, and Divyendu a crucial schedule beginning tomorrow, Charan's preparation seems to be in full swing. Sporting tied-back hair (last seen in 'Govindudu Andarivaadele'), a dense beard, and a bulked-up frame, the actor looks ready to embrace a role that demands both physical grit and emotional by 'Uppena' fame Buchi Babu Sana, 'Peddi' is among the most ambitious films in Charan's career. It is produced by Venkata Satish Kilaru under Vriddhi Cinemas and presented by Mythri Movie Makers and Sukumar the first glimpse of Peddi: With music by AR Rahman, visuals by R Rathnavelu, and editing by Navin Nooli, 'Peddi' is shaping up to be a grand cinematic spectacle. The film is slated for release on March 27, coinciding with Ram Charan's birthday.- Ends
Arabian Business
16-07-2025
- Business
- Arabian Business
Dubai real estate tokenisation: Key tax rules buyers need to know
Dubai's real estate market is embracing blockchain innovation—but new questions are emerging about how tokenised property investments will be taxed in the UAE. Dhruva, a leading regional tax advisory firm, is closely analysing the Value Added Tax (VAT) implications of the UAE's first tokenised real estate platform. The platform allows investors in Dubai to purchase fractional ownership in high-value real estate through blockchain-based digital tokens, effectively democratising property investment. Dubai real estate tax analysis The challenge lies in how these tokens are classified under UAE law—either as traditional real estate interests or as 'virtual assets.' This distinction could have a major impact on the VAT treatment of token issuance, trading, Dubai rental income, and platform fees. Vlad Skibunov, Partner at Dhruva Consultants said: 'As the market embraces this innovation, understanding VAT implications is paramount, given the tokens' dual identity as both direct real estate interest and 'virtual assets' under UAE VAT legislation. 'If characterised as virtual assets, token issuance and secondary trading may follow VAT rules for financial services —potentially qualifying for exemption or zero-rating—whereas classification as traditional property interests would subject commercial assets to 5 per cent VAT and exempt residential units. 'Rental income distributions and platform fees must likewise be analysed to determine whether they fall within real estate or financial transaction scopes. 'We are pleased to witness blockchain unlocking new opportunities in real estate investment. 'However, the complexity of VAT treatment for tokenised structures demands sophisticated analysis. Buyers and developers must factor VAT liabilities into their arrangements from the outset to avoid unexpected costs and ensure compliance. 'Dhruva is committed to providing actionable guidance on VAT classification and compliance for tokenised real estate. 'By closely analysing contractual frameworks and engaging proactively with the Federal Tax Authority, we support market participants in effectively incorporating VAT considerations when investing in this emerging digital investment model'. Dhruva is actively working with clients and the UAE's Federal Tax Authority to offer clear guidance for investors in Dubai. The firm advises developers and investors to build VAT compliance into tokenised real estate structures from the outset to avoid costly surprises. As a homegrown UAE brand with a global reach, Dhruva serves clients across key industries including construction, AI, crypto, retail, and oil and gas. Skibunov said: 'As UAE businesses continue to innovate and adopt emerging technologies, it is essential that market participants approach evolving investment structures with care. 'Clear guidance and proactive engagement will be essential to ensure compliance and unlock the full potential of tokenised real estate in the UAE,' concluded Vlad. 'With the UAE rapidly adopting blockchain in real estate, businesses must ensure they're not caught off guard by tax implications. 'Clear, proactive VAT planning will be essential to unlocking the full potential of tokenised property investment.'
Zawya
16-07-2025
- Business
- Zawya
Dhruva explores VAT implications in UAE's emerging tokenised real estate landscape
Dubai, UAE – As Dubai leads the global shift toward blockchain-enabled property, Dhruva, one of the region's leading tax advisory firms, is analysing the Value Added Tax (VAT) implications arising from the launch of the UAE's first tokenised real estate platform. This platform democratizes access to property investment by listing approved high-value real estate assets on the blockchain platform and subdividing them into digital tokens that represent fractional ownership. Dhruva observes that the precise VAT treatment hinges on whether these tokens are characterised as traditional real-estate interests or as 'virtual assets' under UAE law—a distinction that will determine the applicable rates on token issuance, secondary trading and rental income distributions. Vlad Skibunov, Partner at Dhruva Consultants said, 'As the market embraces this innovation, understanding VAT implications is paramount, given the tokens' dual identity as both direct real estate interest and 'virtual assets' under UAE VAT legislation. If characterised as virtual assets, token issuance and secondary trading may follow VAT rules for financial services —potentially qualifying for exemption or zero-rating—whereas classification as traditional property interests would subject commercial assets to 5 percent VAT and exempt residential units. Rental income distributions and platform fees must likewise be analysed to determine whether they fall within real estate or financial transaction scopes. 'We are pleased to witness blockchain unlocking new opportunities in real estate investment. However, the complexity of VAT treatment for tokenised structures demands sophisticated analysis. Buyers and developers must factor VAT liabilities into their arrangements from the outset to avoid unexpected costs and ensure compliance. Dhruva is committed to providing actionable guidance on VAT classification and compliance for tokenised real estate. By closely analysing contractual frameworks and engaging proactively with the Federal Tax Authority, we support market participants in effectively incorporating VAT considerations when investing in this emerging digital investment model,' added Vlad. Dhruva advises organizations on navigating complex compliance landscapes and delivering clarity in innovative transaction structures. A homegrown brand with a global outlook, Dhruva serves clients across diverse sectors, including oil & gas, healthcare, retail, construction, technology, artificial intelligence, and crypto. The firm is known for offering tailored tax strategies that address industry-specific challenges while identifying new opportunities for sustainable growth. 'As UAE businesses continue to innovate and adopt emerging technologies, it is essential that market participants approach evolving investment structures with care. Clear guidance and proactive engagement will be essential to ensure compliance and unlock the full potential of tokenised real estate in the UAE,' concluded Vlad. About Dhruva Consultants Dhruva Consultants is a leading tax advisory firm specializing in VAT, corporate tax, transfer pricing, and international taxation in the Middle East. With a strong track record in advising some of the largest real estate players in the UAE, Dhruva Consultants combines deep industry expertise with practical solutions, ensuring clients not only achieve compliance but also optimize their tax strategies for long-term success.
Time of India
07-07-2025
- Business
- Time of India
Made-in-India solar tech Dhruva Space to power Pixxel's hyperspectral satellites in NewSpace milestone
I observe a Starlink satellite gracefully orbiting Earth, its solar panels gleaming in the sunlight against the backdrop of the planet's curvature. BENGALURU: Space startups Dhruva Space and Pixxel have entered a strategic partnership that will see Dhruva 's space-grade solar panels, 'Solis+', integrated into Pixxel's next-generation satellite fleet. 'The partnership will combine Dhruva's advanced power systems with Pixxel's high-resolution Earth observation satellites. Pixxel's upcoming fleet builds on the successful 2025 launch of its Firefly satellites, which delivered the world's first 5-meter commercial hyperspectral imagery,' Dhruva said Monday. Pixxel founder and CTO Kshitij Khandelwal, pointing out that power systems are mission-critical, and there's no room for errors in space, said, as Pixxel expands capabilities, they're building with partners who bring deep technical ability and a shared focus on mission readiness. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru 'Dhruva Space's Solis+, manufactured in-house, utilise high-efficiency (up to 30%) triple-junction GaAs solar cells and are engineered for extreme reliability in orbit. With power capacities scaling up to several kilowatts, Solis+ is ideally suited for larger satellite missions,' Dhruva said. The panels are already gaining international traction, with exports underway to the UAE, Austria, Australia, and France. In Nov 2024, the company successfully delivered Solis+ units to the Government of India. 'This partnership represents the best of India's NewSpace capabilities coming together. There are very few global players that design, manufacture, qualify, and export space-grade solar panels. This is not just a hardware agreement — it's a statement that Indian spacetech companies are scaling with flight heritage and global readiness,' Dhruva CTO and co-founder Abhay Egoor, said.
Time of India
30-06-2025
- Business
- Time of India
SatSure, Dhruva Space collaborate to offer end-to-end space-based solutions
Per the partnership, the two companies SatSure and Dhruva Space seek to deliver sovereign earth observation (EO) services with faster mission timelines and greater reliability. The partnership also aims to address the increasing demand for EO data across defence, agriculture, urban governance, and environmental monitoring. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Bengaluru-based earth observation (EO) startup SatSure has signed a memorandum of understanding (MoU) with Hyderabad-headquartered Dhruva Space to jointly offer earth observation-as-a-service (EOaaS) solutions. The two will indigenously develop space-based solutions catering to commercial partnership will integrate SatSure's downstream capabilities through its subsidiary KaleidEO, which builds EO payloads and analytics platforms. Dhruva will provide upstream expertise in small satellite platforms, launch integration, and ground station companies aim to deliver sovereign EO services with faster mission timelines and higher reliability, they said in a statement on Monday.'We are very excited to be joining forces with Dhruva Space. This partnership is poised to boost our sovereign EO capabilities and create a complete package for end customers who need both high-quality data and end-to-end solutions,' said Prateep Basu, founder of partnership also aims to address the growing demand for EO data across defence, agriculture, urban governance, and environmental Nekkanti, CEO of Dhruva Space, said, 'This collaboration marks a significant step in building a vertically integrated, sovereign space ecosystem. By combining our capabilities, we can deliver actionable insights for critical applications across multiple sectors.'Dhruva, which has tested its technology over multiple satellite missions , is currently building a 280,000 sq ft spacecraft manufacturing facility in Hyderabad. The facility will be capable of designing, assembling, integrating, and testing spacecraft of up to 500 kg in weight.
