Latest news with #NewsVoir
The Wire
a day ago
- Business
- The Wire
India Shines – Sudha Reddy Becomes Miss World's First Global Ambassador
Hyderabad, Telangana, India (NewsVoir) In a historic first, the Miss World Organization has appointed Mrs. Sudha Reddy, a leading Indian philanthropist and businesswoman, as its first-ever Global Ambassador. The announcement comes ahead of the 72nd Miss World Grand Finale, marking a significant milestone in the global pageant's evolution. As a recognized women leader and changemaker, … Continue reading "India Shines – Sudha Reddy Becomes Miss World's First Global Ambassador"
Business Standard
2 days ago
- Health
- Business Standard
India's Magic Masala is Here - FMCG Product Launch Madras Magic Masala
NewsVoir Chennai (Tamil Nadu) [India], May 31: It all began with Dr. Chandra Ananthasayanam, the visionary behind Madras Magic. Dr. Chandra, proud owner of Chandra Metro Mall, was inspired by the cooking of her mother-in-law. Drawing from secret family recipes dating back to the 1900s, she began creating unforgettable food memories for families across generations. Her daughter, Mrs. Aruna, grew up surrounded by the delicious aromas of her mother's culinary creations. Together, they often reminisced about the good old days, when their family gathered around the table, sharing laughter and meals prepared with love. These heartfelt conversations gave rise to an idea--to create something tastier, healthier, and simpler for everyday cooking. And thus, Madras Magic Masala was born. The brand name holds deep roots in the family's heritage. It pays tribute to Munusamy Mudhaliar, Mrs. Aruna's grandfather--a self-made man who rose from humble beginnings to become the creator of many iconic buildings and bridges in the old Madras Patnam. Inspired by his initials, MM, and their cherished memories of Madras, the name Madras Magic came to life. To Mrs. Aruna, preserving this legacy is not just a responsibility, but an honor. Mrs. Aruna's journey was made possible with the unwavering support of her family, many of whom are accomplished medical professionals. Her husband, Dr. Prithviraj, is a respected surgeon at Apollo Hospital. Their son, an orthopaedic surgeon, has refined and perfected old family recipes to enhance their flavor. Their daughter, an ENT specialist; their daughter-in-law, a psychiatrist; and their son-in-law, a successful businessman--each has been a pillar of strength and encouragement. For Mrs. Aruna and her mother, food is more than just nourishment--it is joy, connection, and a reason to gather as a family. Madras Magic Masala is celebrated for its bold and authentic taste. A spoonful is all it takes to recreate the essence of a traditional Tamil kitchen. Whether it's a curry, a stir-fry, or any wholesome dish, all you need is your main ingredient, salt to taste, and a spoonful of Madras Magic Masala. Crafted with time-honored spices like coriander, cumin, chili, and turmeric, the masala is free from unnecessary additives and artificial ingredients. It's designed to save time and simplify cooking--not just for homemakers, but also for busy professionals, singles, and anyone who finds daily cooking a challenge. Mrs. Aruna's vision is beautifully simple: to bring the unforgettable taste of her mother's cooking to kitchens everywhere. With just one pack of Madras Magic Masala, anyone can prepare meals that are not only healthier and tastier but are also bursting with the rich, spicy, and aromatic flavors that Madras is known for. In line with this vision, Madras Magic Masala proudly partners with Plant a Billion Trees (PABT)--a large-scale environmental initiative aimed at fighting climate change, restoring ecosystems, and improving air quality by planting trees across the country. This partnership reflects Mrs. Aruna's heartfelt belief: food should nourish people and also nurture the planet. Through this collaboration, Madras Magic Masala gives Rs. 2 from every pack sold to support Plant a Billion Trees (PABT). This contribution is a practical step toward protecting the environment by planting more trees across the country. The initiative is led by Mr. Shailendra Shivakumar, the founder of PABT, who shares Mrs. Aruna's interest in creating a greener future. Their shared goal is to make a real difference by encouraging people to plant trees and take care of the planet. PABT also works on awareness programs, tree-planting events in communities, and partnerships with schools and colleges to help young people understand the importance of trees and the environment. When someone buys Madras Magic Masala, they're not just adding flavor to their food--they're also helping support a cleaner, greener India. It's a small act that can lead to a big change. This inspiring story has been published by Birth Marque, Chennai's premier influencer marketing company. As the tech force behind the brand's grand inauguration, Birth Marque marketing agency stands out not only for its creativity and ideation but Digital Marketing Agency also for its execution--setting benchmarks beyond the standards of other branding firms.
Business Standard
2 days ago
- Business
- Business Standard
Beyond the Borders: How Sonipat's Metro and Mega-Projects Are Redefining NCR Real Estate
NewsVoir Sonipat (Haryana) [India], May 31: Long seen as an industrial backyard of Delhi, Sonipat is rewriting its identity as one of the promising real estate frontiers in NCR. Located just 20 km from the capital, this Haryana town is now riding a powerful wave of infrastructure-driven growth. With expressways, metro extensions, and industrial mega-projects converging, Sonipat today echoes the early transformation stories of Gurugram and the more recent boom along the Dwarka Expressway. Strategic location, affordability, and a forward-looking master plan are together turning Sonipat from a peripheral player into a key growth engine in NCR's real estate landscape. The Expressway Web Connecting Sonipat to NCR & Beyond A layer of infrastructure is quietly but decisively pulling Sonipat into the NCR mainstream. The UER-II stretching from IGI Airport to Alipur with a dedicated spur to Sonipat is slated for completion by June 2025, and will stitch the city directly into Delhi's expressway circuit. Already in place is the Western Peripheral Expressway (KMP), giving Sonipat a smooth link to Palwal and other industrial zones. Meanwhile, the Eastern Peripheral Expressway (EPE) begins at Kundli and now extends via a fresh 11-km spur to the Yamuna Expressway. Together, these corridors form a strategic expressway web, connecting Sonipat effortlessly to Noida, Gurugram, Faridabad, IGI Airport, and even Jewar. Hence, the connectivity repositions Sonipat from a quiet neighbour to a central player in NCR's growth map. Next-Gen Connectivity: Metro, RRTS, and Freight Corridors Sonipat is stepping into a new era of connectivity, driven by transformative rail, metro, and freight infrastructure. On March 25, 2025, the Ministry of Housing and Urban Affairs gave in-principle approval for the much-anticipated extension of Delhi Metro's Yellow Line from Samaypur Badli to Nathupur in Sonipat. In response, DMRC initiated the Detailed Project Report (DPR), examining the technical and financial roadmap. Part of Delhi Metro's Phase IV, the 26.5 km stretch will add 21 stations and is expected to serve around 50,000 daily commuters, cutting travel times, decongesting roads, and connecting key residential, industrial, and commercial zones. With Haryana committing 80% of the funding and the Centre covering the rest, the project is moving through crucial stages like land acquisition and topographical surveys. Gurpal Singh Chawla, Managing Director, TREVOC Group, says, "Peripheral areas of NCR have gone beyond the label of satellite towns. Tier 2 cities of Haryana, like Sohna, Sonipat, Panipat, Kundli, Karnal, and more, are becoming the talk of the town in terms of the growth they project. While Sohna is becoming a key node on the Delhi-Mumbai Industrial Corridor, propelled by the Gurugram-Sohna Elevated Road and the proposed metro extension, Sonipat is preparing for a game-changing metro link to Delhi and direct access via the UER-II. Meanwhile, Panipat is on the cusp of transformation with the Delhi-Panipat RRTS slashing travel time significantly. These aren't isolated upgrades; they're stitching together a new growth arc that's giving the region a new face where people can live, work, and invest across NCR." Meanwhile, on the regional transport front, the Delhi-Sonipat-Panipat RRTS corridor promises to slash travel time to under an hour, offering fast, reliable intercity movement. Sonipat also finds itself strategically placed on the Dedicated Freight Corridor and within the Delhi-Mumbai Industrial Corridor's Phase II-A under the KSIR zone, aligning the city with India's national logistics backbone via the KMP and NH-44. Together, these projects don't just improve access; they position Sonipat as a vital, future-ready hub at the intersection of mobility and growth. Sonipat Master Plan 2031 Sonipat's growth is being carefully mapped out through the Sonipat Master Plan 2031 that charts the city's evolution across 20,220 hectares, divided into 92 well-planned sectors. Of this, 7,092 hectares are earmarked for residential use, 4,940 hectares for industrial development, and 606 hectares for commercial zones, striking a balance between liveability and economic activity. Wide 65-metre roads, upcoming transit hubs, green belts, and eco-buffer zones reflect a modern approach to city-making, rooted in sustainability. Much like Noida or Navi Mumbai in their formative years, Sonipat is embracing greenfield urbanism, with infrastructure laid out ahead of demand. Honeyy Katiyal, Founder, Investors Clinic Infratech Pvt Ltd, says, "Beyond connectivity, Sonipat's growth also lies in its industrial surge. Driven by the Rs 18,000-crore Maruti Suzuki plant and the development push under the Delhi-Mumbai Industrial Corridor, the region is turning into an economic engine, introducing a structural growth in the city. When industries move in, jobs follow, and with that comes the sustained demand for housing, retail, and commercial infrastructure. Reputed developers like Godrej Properties, Hero Realty, Eldeco Group, and more have started their expansion into the Sonipat market. This demand positions the region as a self-sufficient growth centre, and those who invest now, we believe, could ride a long-term upward curve in both value and demand." Real Estate Growth: Land Prices, Demand & Developer Action Amidst the developments, Sonipat's real estate market is riding a wave of investor confidence, driven by infrastructure upgrades, industrial momentum, and rising end-user demand. As per data from 99 acres and MagicBricks, land prices in Kundli have surged by 190% between 2020 and 2025, with current rates hovering around Rs61,216 per sq yd. Projections suggest a potential 3x jump by 2030, making Sonipat one of the most promising emerging destinations in NCR. Mr. Akshay Taneja, MD, TDI Infratech Ltd. says, "For homebuyers, connectivity is one of the prominent aspects when choosing where to live. Easy access to public transport saves time and adds everyday convenience -- and that's a huge value-add. Hence, metro line extensions have such a strong impact on real estate, especially in Kundli and the broader Sonipat region. With construction beginning on the metro line, Kundli is set for a major upswing, particularly among North Delhi residents looking for better value without compromising on access. Further, upcoming developments like the RRTS are changing the game for the region and promise to slash commute times to Gurgaon and Noida to under an hour. Moreover, the connectivity offered by the Delhi-Mumbai Industrial Corridor (DMIC) has turned Sonipat into a growth hub. Therefore, as demand rises, so do property values. TDI City Kundli, with its 1,100-acre expanse, stands to benefit significantly as residential demand surges. Hence, we're expecting a strong wave of interest as people look to lock in homes ahead of the price escalation." The Decade of Sonipat (2020-2030) In 2020, Sonipat was still under the radar, offering affordable land and untapped potential. From 2023-25, it has rapidly evolved; metro and RRTS projects are in motion, expressways are becoming operational, and industrial giants like Maruti Suzuki have made their bets. By 2030, as per Colliers, land values are projected to triple, marking Sonipat's arrival as a fully integrated urban hub. Thus, with infrastructure, industry, and investment aligning, the incoming growth belongs to Sonipat.
Business Standard
2 days ago
- Business
- Business Standard
Embassy Developments Limited Announces FY2025 Financial Results Post Successful Completion of Merger Sets FY2026 GDV Target of Rs. 22,000 Crs
NewsVoir Bengaluru (Karnataka) / Mumbai (Maharashtra) [India], May 30: Embassy Developments Limited ('EDL') today announced financial statements and an investor update as a consolidated company (post successful completion of the merger) for the fourth quarter and the full year ended March 31, 2025. Key Highlights: * Flagship development entity for the Embassy Group (Promoter with ~43% stake) * Combined Company total GDV of Rs. 48k Cr from projects, besides future fully paid developable land banks * Targets 10 project launches in FY2026 with GDV in excess of ~Rs. 22k Cr * Pre-sales target of ~Rs. 5k Cr, a 150% jump over FY2025; estimated collections of ~Rs. 2.2k Cr * FY2025 PAT of ~Rs. 203 Cr; Revenue, Pre-sales, Collections more than ~Rs. 2k Cr each * Proposed an acquisition opportunity to Embassy REIT for ~3.3 msf commercial development in Whitefield, Bengaluru; expected GDV of Rs. 3,200 Cr - 3,700 Cr on completion * Rs. 1,125 Cr transaction with a leading global semiconductor equipment manufacturer to sub-lease & subsequently divest ~25 acres in Whitefield, Bengaluru * Mr. Jitendra Virwani, a visionary promoter with excellent execution capability, aims to replicate his success in Embassy REIT with EDL * New Board and leadership team with Jitendra Virwani as Chairman and Aditya Virwani as MD * Strategically focused on high-growth markets of Bengaluru, MMR, NCR, and Chennai Aditya Virwani, Managing Director, Embassy Developments Ltd., said, "As we close out our first ever quarter as a newly merged entity, we are excited to demonstrate how the same strategies that have powered our commercial success are now propelling us to replicate and amplify that impact within the residential sector. Our GDV for FY26, including Rs. 18.6k Cr for residential and Rs. 3.5k Cr for commercial, underscores our blueprint to build a truly pan-India real estate powerhouse and capitalise on the sustained upcycle in India's housing market. Backed by our extensive land bank, deep understanding of key markets, and a best-in-class leadership team dedicated to scaling operations and unlocking excellence, we look forward to creating exceptional value for our stakeholders. Beyond our existing pipeline, we are looking for and exploring new opportunities to carry forward the momentum." Operational Updates: * Pre-sales: Rs. 2.0k Cr in FY2025 vs. Rs. 1.8k Cr a year ago, up 11% y-o-y * New bookings: 2.2 msf in FY2025 vs. 2.0 msf in FY2024, up 14% y-o-y * Collections: Rs. 1.9k Cr in FY2025 * New Launches: Launched 3 new residential projects in FY2025 with a topline of ~Rs. 1.7k Cr & ~1.6 msf of saleable area, 71% sold * Business Development: Acquired 6 new projects during FY2025 with an estimated GDV of ~Rs. 9.2k Cr & ~5.0 msf of saleable area * Land monetization: ~19 acres in MMR valued at ~Rs. 18 Cr during FY2025 Financial Updates: Revenue * Rs. 1,183 Cr in Q4FY25 vs. Rs. 329 Cr in Q3FY25 & Rs. 402 Cr in Q4FY24, up 100%++ both q-o-q & y-o-y * Rs. 2,547 Cr vs. Rs. 1,218 Cr a year ago, up 100%++ y-o-y EBITDA * Rs. 301 Cr in Q4FY25 vs. Rs. 98 Cr in Q3FY25 & Rs. 30 Cr in Q4FY24, up +100%++ both q-o-q & y-o-y * Rs. 531 Cr vs. Rs. 36 Cr a year ago, up +100%++ y-o-y PAT * Rs. 123 Cr in Q4FY25 vs. loss of Rs. 26 Cr in Q3FY25 & loss of Rs. 90 Cr in Q4FY24, up +100%++ both q-o-q & y-o-y * Rs. 203 Cr vs. loss of Rs. 485 Cr a year ago, up +100%++ y-o-y * Gross Debt stood at Rs. 2,756 Cr, with 0.3x debt to equity; Total Equity at Rs. 9,327 Cr * Cash & Cash Equivalents at Rs. 483 Cr, Net debt Rs. 2,273 Cr Other Updates: EDL is in the process of considering a divestment of one of its projects located in Whitefield, Bengaluru, and is pleased to announce that it has proposed an acquisition opportunity to Embassy Office Parks REIT for a premium commercial real estate development on a completion basis. The proposed development, on completion, is expected to comprise a potential leasable area of ~3.3 msf, with an estimated GDV of Rs. 3200 Cr - Rs. 3700 Cr. The opportunity is preliminary and is subject to, among other things, entry into definitive agreements and obtaining approvals, including from third parties, shareholders and unitholders. There can be no assurance that the Embassy Office Parks REIT will enter any definitive arrangements in relation to the proposed opportunity. Following recent approval on the scheme of merger between Nam Estates Private Limited and the Company, by the Hon'ble National Company Law Appellate Tribunal (NCLAT) on January 7, 2025, Embassy Group (Mr Jitendra Virwani, Mr Aditya Virwani with certain group entities) has become the new promoter with a 42.96% controlling stake. The merger was successfully implemented with effect from January 24, 2025, and the Company has been renamed as Embassy Developments Limited effective February 13, 2025. Due to the reverse merger accounting treatment, financial results of the year ended March 31, 2025 have the results of two months operation of Embassy Developments Limited and its 174 subsidiaries and twelve months operation of NAM Estates Private Limited and its subsidiaries/joint venture. The previous year result (FY 23-24) presented above are, thus that of NAM Estates Private Limited and its subsidiaries/JV, are not comparable with the current period to that extent. (ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same)
Business Standard
2 days ago
- Business
- Business Standard
The New ColorBar - A Bold Era of Beauty Built on Self-Expression, Innovation, and Inclusivity
NewsVoir New Delhi [India], May 30: ColorBar Cosmetics, an iconic beauty brand, ushers in a bold new chapter with the launch of the new ColorBar - a striking reinvention that positions beauty as a powerful expression of individuality, creativity, and conscious luxury, with the philosophy of 'beauty backed by science'. At the helm of this transformation is Mr. Samir K Modi, Founder and Managing Director, whose vision goes beyond aesthetics to champion a deeper, more powerful message - beauty is personal, playful, and most importantly, limitless, setting the tone for ColorBar's evolution into a global beauty brand. After two decades of pioneering international-quality products for Indian consumers, ColorBar is now setting new benchmarks, globally and in India. With cutting-edge R & D, skin-loving formulations, and an elevated brand experience, ColorBar is set to redefine the future of beauty with products that surpass global standards. At the heart of this evolution lies the belief that magic already lives within you and ColorBar simply helps reveal it. "From the very beginning, my vision for ColorBar was never just to create a beauty brand, it was to spark a movement. A movement that empowers self-expression, celebrates individuality, and inspires every person to embrace their inner magic, unapologetically," shares Mr. Samir K Modi, Founder and Managing Director, ColorBar. "ColorBar 2.0 brings this vision to life in its boldest, most luxurious form yet, consciously built to reflect the evolving spirit of beauty today. As we expand our presence across India and enter new global markets like the USA and the Middle East, while already being present in Russia-we are well on our way to becoming a truly global brand. Our mission remains the same - to make every individual, wherever they are in the world, to feel seen, celebrated, and empowered. We're not here to follow trends. We're here to redefine beauty on our own terms, and to lead a global conversation rooted in purpose, inclusivity, and magic." In India, ColorBar's presence is set to grow with larger, more immersive retail spaces designed to inspire exploration and self-expression. Moving beyond simply buying beauty, the brand is embracing experience-led innovation. Building on the success of its Make Your Own Lipstick service, ColorBar will soon introduce Make Your Own Nail Lacquer and Make Your Own Foundation, allowing customers to co-create beauty in a way that's personal, playful, and engaging. As ColorBar evolves, so does its universe. The product portfolio is expanding to include skincare, perfumes, and a holistic 360-degree wellness line, striking a balance between cosmetics, care, and indulgence. The brand is also diversifying its audience, with offerings for tweens, teens, and consumers across every age and identity. This transformation goes beyond design, it's a reflection of modern beauty in all its fluidity and feeling. With a renewed identity, the new ColorBar champions the freedom to be unapologetically yourself. The powerful new brand campaign brings this vision to life through layered storytelling and striking visuals. Through its latest brand film, featuring five personas--Bold, Glam, Demure, Radiant, and Playful, ColorBar showcases its dedication to challenging conventions and embracing individuality beyond gender boundaries. Each persona is brought to life through a diverse cast of global faces, each reflecting a distinct cultural lens, resulting in a rich mosaic of perspectives, styles, and stories. This creative direction reinforces the brand's intent to resonate with a global audience and broaden its cultural relevance. Furthermore, the brand refresh establishes ColorBar's commitment to sustainability, with a goal to become extensively sustainable by 2026-27. New offerings across skincare, fragrances, and a 360° wellness line will join its portfolio, backed by science, innovation, and a commitment to high-performance, skin-loving formulations. With its long-standing commitment to being 100% vegan, cruelty-free, PETA-certified, ISO-certified, and on track to becoming extensively sustainable by 2026-27, ColorBar continues to blend ethical values with beauty backed by science - where innovation meets integrity. ColorBar, one of India's leading beauty brands, is a bold, inclusive celebration of self-expression - inviting you to reveal your magic, unapologetically. At its core lies a deep commitment to diversity, where uniqueness takes centre stage and self-expression becomes a form of art. Rooted in the belief that beauty follows no rulebook and that true magic lies within, ColorBar empowers people across gender, identity, age, and style to express their most authentic selves. Whether you're feeling bold, demure, playful, radiant, or glam, ColorBar gives you the freedom to embody every mood, every shade, and every facet of who you are, with confidence, creativity, and unmistakable flair. Born with a global outlook, ColorBar brings together the finest in international innovation and artistic sensibility. Its formulations are backed by science and cutting-edge technology, meeting global safety standards across world-class laboratories in France, Germany, Italy, Korea, and the United States. Every offering from ColorBar is 100% cruelty-free, ISO certified, and adheres to the most stringent global quality benchmarks, including US, EU, UK, and Japan FDA regulations. With a retail footprint of over 111 exclusive stores and a presence in more than 1600 multi-brand outlets across India, including Shoppers Stop, Lifestyle, New U, and Pantaloons, ColorBar has a strong presence across India.
