Latest news with #Gangwal
Business Standard
6 days ago
- Business
- Business Standard
Tilak Marbles Leverages 30 Years of Legacy to Meet Rising Global Demand
NewsVoir Kishangarh (Rajasthan) [India], July 23: As the global design community gravitates toward sustainable, natural, and heritage-rich materials, Indian marble is experiencing a long-overdue renaissance on the world stage. At the forefront of this movement is Tilak Marbles, a name synonymous with excellence in natural stone for over three decades. From its roots in Rajasthan--the heartland of India's marble industry--Tilak Marbles has emerged as a preferred partner for discerning architects, designers, and developers across continents. With projects spanning internationally, Tilak Marbles is redefining the identity of Indian marble--transforming it from a regional treasure into a globally admired material of choice. "The world is rediscovering Indian marble--not only for its visual poetry, but for the depth of heritage and artisanal mastery it embodies," says Praveen Kr. Gangwal, Founder, Tilak Marbles. "Our 30-year legacy is more than a timeline--it's a testament to the quality, trust, and timelessness that define everything we do." Indian Marble: From Local Heritage to Global Luxury Celebrated for its organic character, natural resilience, and understated luxury, Indian marble is now being specified in luxury homes, boutique hospitality spaces, and high-end commercial interiors around the world. The rising global demand reflects a shift toward authentic, low-impact, and aesthetically rooted materials--an ethos that Tilak Marbles has championed since its inception. With its refined product curation, export-grade finishing, and commitment to sustainable sourcing, Tilak Marbles has become a standard-bearer for Indian marble on the international design map. A World of Marble Under One Roof Tilak Marbles offers an extensive portfolio of premium natural stones, including a wide spectrum of white, grey, beige, and highlight marbles. With a refined selection that caters to both classic and contemporary aesthetics, the brand delivers materials that suit luxury interiors, hospitality projects, and architectural landmarks alike. While proudly rooted in India's rich marble tradition, Tilak Marbles also sources exceptional stones from around the world--including Turkey, Iran, Italy, Portugal, Namibia, Greece, Vietnam, and many more--bringing global design sensibilities and international quality standards to its clients. Infrastructure with Integrity What sets Tilak Marbles apart is not just scale, but sensibility. Backed by a robust processing infrastructure, advanced technology, and a deep respect for artisanal traditions, the brand delivers consistent quality with a human touch. Each block is meticulously selected and finished to reflect not just material excellence, but emotional resonance. "What began in 1994 as a modest enterprise has evolved into a global marble house," reflects Praveen Kr. Gangwal. "Our strength lies in blending Indian craftsmanship with contemporary precision, allowing us to cater to the world without losing the soul of our roots." A Trusted Name for Landmark Projects From prestigious projects like Novotel Jaipur Convention Centre to luxury developments like Anantara Jaipur Hotel & Resort--Tilak Marbles has quietly become the trusted marble partner for iconic developments, spanning both traditional and modern design philosophies. A Future Carved in Stone Looking ahead, Tilak Marbles is poised to expand its global footprint with a clear focus: to be a global ambassador of Indian stone artistry. The brand's vision is rooted in consistency, innovation, and storytelling through stone--delivering materials that are not only built to last but designed to inspire. As international demand continues to rise, Tilak Marbles is more than ready--not just to meet expectations, but to elevate them.
Fashion Value Chain
6 days ago
- Business
- Fashion Value Chain
Tilak Marbles Leverages 30 Years of Legacy to Meet Rising Global Demand
As the global design community gravitates toward sustainable, natural, and heritage-rich materials, Indian marble is experiencing a long-overdue renaissance on the world stage. At the forefront of this movement is Tilak Marbles, a name synonymous with excellence in natural stone for over three decades. From its roots in Rajasthan-the heartland of India's marble industry-Tilak Marbles has emerged as a preferred partner for discerning architects, designers, and developers across continents. Praveen Kr. Gangwal, Founder, Tilak Marbles With projects spanning internationally, Tilak Marbles is redefining the identity of Indian marble-transforming it from a regional treasure into a globally admired material of choice. 'The world is rediscovering Indian marble-not only for its visual poetry, but for the depth of heritage and artisanal mastery it embodies,' says Praveen Kr. Gangwal, Founder, Tilak Marbles. 'Our 30-year legacy is more than a timeline-it's a testament to the quality, trust, and timelessness that define everything we do.' Indian Marble: From Local Heritage to Global Luxury Celebrated for its organic character, natural resilience, and understated luxury, Indian marble is now being specified in luxury homes, boutique hospitality spaces, and high-end commercial interiors around the world. The rising global demand reflects a shift toward authentic, low-impact, and aesthetically rooted materials-an ethos that Tilak Marbles has championed since its inception. With its refined product curation, export-grade finishing, and commitment to sustainable sourcing, Tilak Marbles has become a standard-bearer for Indian marble on the international design map. A World of Marble Under One Roof Tilak Marbles offers an extensive portfolio of premium natural stones, including a wide spectrum of white, grey, beige, and highlight marbles. With a refined selection that caters to both classic and contemporary aesthetics, the brand delivers materials that suit luxury interiors, hospitality projects, and architectural landmarks alike. While proudly rooted in India's rich marble tradition, Tilak Marbles also sources exceptional stones from around the world-including Turkey, Iran, Italy, Portugal, Namibia, Greece, Vietnam, and many more-bringing global design sensibilities and international quality standards to its clients. Infrastructure with Integrity What sets Tilak Marbles apart is not just scale, but sensibility. Backed by a robust processing infrastructure, advanced technology, and a deep respect for artisanal traditions, the brand delivers consistent quality with a human touch. Each block is meticulously selected and finished to reflect not just material excellence, but emotional resonance. 'What began in 1994 as a modest enterprise has evolved into a global marble house,' reflects Praveen Kr. Gangwal. 'Our strength lies in blending Indian craftsmanship with contemporary precision, allowing us to cater to the world without losing the soul of our roots.' A Trusted Name for Landmark Projects From prestigious projects like Novotel Jaipur Convention Centre to luxury developments like Anantara Jaipur Hotel & Resort-Tilak Marbles has quietly become the trusted marble partner for iconic developments, spanning both traditional and modern design philosophies. A Future Carved in Stone Looking ahead, Tilak Marbles is poised to expand its global footprint with a clear focus: to be a global ambassador of Indian stone artistry. The brand's vision is rooted in consistency, innovation, and storytelling through stone-delivering materials that are not only built to last but designed to inspire. As international demand continues to rise, Tilak Marbles is more than ready-not just to meet expectations, but to elevate them. This article was published and facilitated by Mavicu, a strategic brand and communications partner.
India.com
14-07-2025
- Business
- India.com
Who is Rakesh Gangwal, IndiGo co-founder, now on Forbes' ‘America's Richest Immigrants 2025' list, his net worth is...
Rakesh Gangwal- Co-founder- IndiGo Airlines Rakesh Gangwal: Forbes' 2025 list of the richest Americans features Rakesh Gangwal, a standout among the many immigrant success stories shaping the US economy but in the Indian context, Gangwal is an inspiration for many. From humble beginnings to building a billion-dollar empire, his journey reflects grit, vision, and global ambition. How Rakesh Gangwal founded IndiGo Airlines? Rakesh Gangwal is an affluent Indian-American billionaire entrepreneur who is an inspiration for many people in the aviation industry. Born in Kolkata and later moved to US, Gangwal amassed his wealth primarily through his involvement with InterGlobe Aviation, the parent company of India's leading budget airline, IndiGo. Being the co-founder and 25% partner of IndiGo Airlines, Gangwal's achievements extend beyond financial success. Who is Rakesh Gangwal? Although the family background of Rakesh Gangwal is not extensively documented, reports say that Gangwal completed his education at Don Bosco School in Park Circus, Kolkata. After completing his schooling, Gangwal complted his graduation in 1975 from the Indian Institute of Technology Kanpur with a bachelor's degree in mechanical engineering. Furthered his education, he also earned an MBA from the University of Pennsylvania's Wharton School, US. What's Net worth of Rakesh Gangwal? As per Forbes, the net worth of Rakesh Gangwal is estimated at $6.7B as on July 14, 2025. IndiGo appoints Amitabh Kant as Non-Executive Director Meanwhile, IndiGo recently announced the appointment of retired IAS officer Amitabh Kant as a Non-Executive Director on the Board of Directors of its parent company InterGlobe Aviation Limited, subject to regulatory and shareholder approvals in another significant development. Why IndiGo Airlines appointed Amitabh Kant? More importantly, Kant was part of PM Modi's team that delivered the historic New Delhi Leaders' Declaration, which emphasised tackling global issues, catalysing growth, expanding India's digital public infrastructure, and advocating ambitious reforms in climate finance, geopolitics, and technology. Along with these achievements, he was the Chief Executive Officer of the National Institution for Transforming India (NITI Aayog) for a period of six years. (With inputs from agencies)
Time of India
09-07-2025
- Business
- Time of India
Betting on consumption? Put 70-75% in discretionary & 20-30% in staples: Gurmeet Chadha
Gurmeet Chadha suggests focusing on Gen-Z driven discretionary spending. He is optimistic about hotel stocks like Indian Hotels and Lemon Tree. IndiGo is expected to perform well in aviation. Digital consumption stocks such as Eternal and PB Fintech are also under consideration. Selectively, FMCG names like HUL, Nestle, and ITC may offer opportunities. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads , Managing Partner & CIO,, says investment strategy should focus on discretionary spending driven by Gen-Z. He is optimistic about hotels and mentions Indian Hotels and Lemon Tree. In aviation, IndiGo will continue to do well. Digital consumption stocks like Eternal and PB Fintech should be considered. Selectively, FMCG names like HUL Nestle , and ITC may offer opportunities. Marico 's positive update suggests potential in has to be a little overweight on discretionary as Gen-Z is spending more and that makes up the bulk of the consumption. We are extremely constructive on hotels. We have been very lucky with Indian Hotels and Lemon Tree. We were very early there. InterGlobe is another one despite persistent selling by both the promoters, though obviously the Gangwal group has sold more. We have seen that despite too much supply, IndiGo has done well and will probably continue to gain more market share. There are issues in terms of supply of Boeing models but IndiGo is largely going for Airbus, so in near term, they will add more to the operating have to look at some more digital consumption themes. We have Eternal in our portfolio. We are looking at PB Fintech as well. And then, maybe tactically look at some of the FMCG names if some volume growth comes back. For example, HUL returns for five years are flat. Nestle has been flat for three years. ITC is weighed down by the BAT group selling, and is available at 14-15 times. So, in consumption, you can be 70% in travel, hospitality, discretionary names and 20-30% in very under-owned names in staples. One quarter you get 2-3-4% volume growth more and rural recovery is giving you a sign. Look at Marico. It had a very good update last quarter. Their food and hair oil segment in particular are doing better within staples. So, selectively maybe 20-30% there and about 70-75% in discretionary.I am delighted with that Rs 2000 and I have been an investor since 2007. But purely on operating metrics, ICICI has surprisingly been a little more subdued compared to HDFC and Kotak. Obviously, HDFC and Kotak did not do much for almost three years. So, ICICI Bank will again have an industry leading performance both in terms of CASA deposits as well as the advances.I like the way they have positioned their lending portfolio, the high yielding part which is loan against used cars, loan against property (LAP) and other products. They have a right mix of secured and unsecured with deals also moving up. They have done a beautiful thing in the last three years. There are no product-wise targets, no insurance targets, no card targets. A branch has to achieve unit profitability and amongst all private banks, ICICI now has the lowest attrition. HDFC and Kotak are struggling with 25-30-35% attrition at the branch level and the culture is very the culture is right, banks then continue to deliver outstanding returns for a long period of time and at some point of time, banks need to introspect the focus they have on insurance and fee based products versus core banking. ICICI is getting that balance right. I also think SBI could unlock some value with more listings coming example, look at HDFC AMC, it is over Rs 1 lakh crore, at about Rs 8 lakh crore AUM. Now SBI MF, once it gets listed, is at Rs 12 lakh crore and the yields are identical, about 40 basis points, which means it could do like Rs 3,000 crore PAT. That could lead to some value unlocking. SBI General, SBI Capital Markets, if you add subsidiaries, give a little bit discount, even that probably could add 20-30% to despite posting very good numbers, SBI still does not get the rating multiple some of the private banks get. I am not saying it should get a three price to book, but the way it has turned around, it deserves a slightly better multiple than what it is right now, which is around 1.3 to 1.5 times. So that looks pretty good to me.I would prefer them and I also like Federal because of the leadership change that has happened there with Mr Manian coming, who was a key pillar behind Kotak's success in the last two decades. The only issue with Federal Bank is the culture. It is still a south-based bank trying to diversify. If Mr Manian is able to build and bring out that change there, Federal could be another mid-sized bank to look at.
Mint
18-06-2025
- Entertainment
- Mint
Tuning out: RJs abandon radio to become influencers as their social media popularity soars
Radio jockeys were the original influencers in the time before social media. So, it's no surprise that RJs are now making the most of their soaring popularity on social media to become content creators and regain their status as influencers. After all, content creators and influencers have lucrative careers that can bring them brand deals and entertainment opportunities. It can be so enticing that some RJs are even ditching radio, exacerbating the struggles of the audio broadcasting sector. Karishma Gangwal quit her job as an RJ at Red FM in 2023 to pursue content creation full time, making videos. She has close to 7 million people following her Instagram handle @rjkarishma and currently hosts a spot-the-imposter format game show called 'Find the Farzi' on JioHotstar. "As RJs, we do have an advantage. We're used to being creative, spontaneous and adding our own flavour to everything we do. These skills naturally help us in content creation too," Gangwal said. Also Read | India's influencers confront a harsh reality: more views don't mean more subscribers Content creation also becomes more lucrative for RJs due to its higher earning potential than their radio jobs. "It really depends on the size of your following. But generally, as a content creator with a strong audience, you can easily earn two to three times more than a radio jockey," said Princy Parikh, a RJ turned creator who quit her job at Radio Mirchi in 2023. She now has her own YouTube channel with 3.4 million followers. Her Instagram handle @princymirchilove has over 1.6 million followers. Analysts said the transition of radio content to social media to catch up with the changing preferences of consumers has fuelled the online popularity of RJs. 'Radio jockeys were the original macro influencers, long before social media. They commanded regional fame through FM radio, building deep audience engagement," said Amiya Swarup, partner, marketing advisory, at consulting firm EY. Over time, radio companies have started tapping the rising influencer status of their RJs. Today, brands benefit not just from on-air credibility, but also from the powerful social media reach of RJs, Swarup said. However, as radio stations build income from advertisements on social media, RJs, who are also promoting their personal brands on social media, are sometimes put in a spot when they have to work with brands they don't associate with. Freedom, flexibility "You have the option to say no to brands and campaigns you may not relate to," said Supriya Kapoor, a former RJ with Fever FM with over 50,000 followers on Instagram, who now calls herself a creator, voiceover artist and podcast host. "Becoming influencers gives you complete freedom with the kind of content you create as you aren't bound by a brand's presence. It also gives the flexibility to collaborate with brands you identify with, having complete ownership and say on the commercials." Experts said they have observed a growth in RJs taking over social media, gaining traction on the back of creativity and their masterful storytelling skills that give them an edge over other creators. Also Read | Fake followers and murky return on investment push brands to rejig influencer strategy "While there's no official data tracking this group specifically, from what we've seen in the ecosystem, ex- or current RJs likely make up around 2-4% of India's digital creator base. It's still a niche, but definitely a growing one, especially with the rise of podcasting and audio-first formats that play to their strengths," said Shravika Behl, head of growth at influencer marketing agency Pocket Aces. As per a Boston Consulting Group report in May, there are currently 2-2.5 million creators in India influencing over 30% of consumers and $350-400 billion in consumer spending. In their radio roles, RJs are heard only locally. Seeking national recognition becomes another reason for them to push for social media growth. Wider reach "I always aspired to be known. Earlier, people recognised me as a Red FM RJ—but only within Siliguri, which is a relatively small town. Social media changed that. It gave me a platform to build a name and gain recognition far beyond my city. It's not just local fame anymore, it is reach and impact on a much larger scale," said Priyanka Sarkar, who quit her job after a decade-long stint in May to pursue fulltime content creation. Her Instagram handle @rjpriyanka has over 1.3 million followers. Also Read | Influencers and brands turn to social media to raise cyber awareness Disclaimer: Fever FM is operated by HT Media Ltd, the publisher of Mint.
