Latest news with #Usha
Hans India
7 hours ago
- Business
- Hans India
Usha launches three kitchen appliances to make cooking a joyous experience
Usha International, one of India's leading consumer durables brands, announced the expansion of its kitchen appliance portfolio with the launch of three new products – the Usha 1200W MG (TurboX) Mixer Grinder, Usha Colt Prime Mixer Grinder, and Usha OTG 20L Oven Toaster Griller. Designed for high performance and modern living, these innovations reflect Usha's commitment to making every day cooking smarter, quicker, and more enjoyable in Indian households. Talking about the launch, Mr Sriram Sundresan, President – Appliances, Usha International, said, "As Indian homes increasingly embrace fast-paced lifestyles and diverse culinary habits, our goal is to offer products that combine efficiency, design, and ease of use. Each of these appliances is built to deliver a seamless cooking experience with cutting-edge features and thoughtful design." Leading the new lineup is the Usha 1200W MG (TurboX) Mixer Grinder, a first-in-category, premium appliance engineered for power, durability, and speed in the kitchen. It features a heavy-duty 1200W, 100% copper motor with double ball bearings with a 24,000 RPM*, that can handle grinding of even tough ingredients like haldi with ease. Key features include clip-lock jars for hands-free use, three-speed settings with inching making for smoother grinding, and 90 minutes of continuous runtime. It comes with four food-grade stainless steel jars with unbreakable polycarbonate lids, self-lubricating bronze bushes, and stainless-steel blades. With a shockproof ABS body, anti-skid feet, and a built-in fruit filter, the TurboX is priced at ₹10,290 and is backed by a 2-year product warranty and a 5-year motor warranty. *Terms & Condition apply Combining compact design with solid performance, the Usha Colt Prime Mixer Grinder is designed for everyday use. It runs on a 500W, 100% copper motor with a speed of 20,000 RPM* and includes three stainless steel jars with 4-fin techno-blades, leak-proof flexi lids and ergonomic handles – ideal for wet grinding, dry grinding, and chutneys. The appliance offers three-speed settings, and dual-speed inching that offers precise control. Its design also includes a shockproof ABS body, chrome detailing, anti-skid feet, and a safety plug for additional safety. The Colt Prime is priced at ₹4,690 and comes with a 2-year product warranty, 5-year motor warranty, and free home service for two years. *Terms & Condition apply Rounding off the launch is the Usha OTG 20L Oven Toaster Griller, a versatile appliance for baking, grilling, and toasting. Delivering 1380W of power, it features both top and bottom heating elements, six cooking modes, and a 60-minute timer. Added conveniences include an illuminated cooking chamber, cool-touch handle, rotisserie function, and break-resistant glass door. Priced at ₹8,990, the OTG includes accessories and is backed by a 2-year warranty with complimentary home service. With these latest additions, Usha reinforces its position as a trusted brand in the Indian kitchen appliance space, offering high-performance solutions that are user-friendly, and empower Indian households to enjoy the ease it adds to the process of cooking! For more information on Usha kitchen appliances please visit:
Time of India
4 days ago
- Entertainment
- Time of India
Melanie Nazareth reveals the name of her Whatsapp Group with her Rishto Se Bandhi Gauri co-stars and it's crazy
When actors work together day in and day out, they don't just share screen space, they start sharing laughs, inside jokes, and a bond that goes far beyond the script. That's exactly what's happening on the sets of Rishto Se Bandhi Gauri. Melanie Nazareth, who plays Usha, shared a glimpse of this beautiful off-screen chemistry with her co-stars. Melanie speaks about her beautiful bond with her co-actors, 'Off screen, we've built a really amazing bond, honestly, we didn't expect it ourselves! But yes, all of us have put in the effort. A bond doesn't form just between one or two people; it's something everyone contributes to. And just like we fight a lot on screen and have intense scenes, off screen, we have real unity and a lot of patience with each other. We tolerate and support one another a lot. ' Rishto Se Bandhi Gauri actress further added, 'We even made a WhatsApp group called "Crazy Roasters" because we're always roasting and pulling each other's legs. Our off-screen bonding is fantastic. Every day we plan something fun, like ordering pani puri in the evening or deciding what special food to eat. Even though most of us are health freaks and on a diet, we still do these fun things.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cinnamon: The Greatest Enemy of Blood Sugar Magazine Glyco Learn More Undo She also shares how their real-life bonding adds magic to their performance, 'As for our on-screen chemistry, you can see it for yourself every single person is working really hard on their character. Everyone has completely gotten into the skin of their character. Now, we don't even need to try too hard as soon as the director says 'action,' the character comes alive in us naturally. So yes, our chemistry, both on-screen and off-screen, is truly amazing. ' Keep reading this space for more updates.
The Hindu
16-05-2025
- The Hindu
Couple ends life in Namakkal
A couple ended their lives on Thursday allegedly due to their son's habit of excessive borrowing. The deceased were identified as Shanmugam (50), and Usha (44), residents of Avarankadu near Pallipalayam. Their son, S. Bhupathi (21), works at a private company in Erode district. He used to borrow money from people and defaulted on payment. His parents, who were weavers, repaid the money that he borrowed. This behaviour of Bhupathi resulted in frequent quarrel between him and his parents. On Thursday, Shanmugam and Usha took the extreme step. The Pallipalayam police sent the bodies for post-mortem. The police registered a case and are investigating Bhupathi. (Assistance for overcoming suicidal thoughts is available on the State's health helpline 104, Tele-MANAS 14416, and Sneha's suicide prevention helpline 044-24640050.)
Yahoo
13-05-2025
- Business
- Yahoo
Usha Resources Ltd. and Totec Resources Ltd. Announce Strategic Partnership Via Letter of Intent for White Willow Property Qualifying Transaction
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / / May 13, 2025 / Totec Resources Ltd. ("Totec") (TSXV:TOTC.P), a capital pool company, and Usha Resources Ltd. ("Usha") (TSXV:USHA)(OTCQB:USHAF)(FSE:JO0), are pleased to jointly announce that they have entered into a non-binding letter of intent (the "LOI") dated May 13, 2025. Pursuant to the LOI, Totec proposes to acquire (the "Transaction") from Usha an option (the "Assigned Option Interest") to acquire a 100% interest in 240 claims (the "Acquired Property") currently forming part of Usha's White Willow Pegmatite Property (the "White Willow Property"), located in the Thunder Bay Mining Division near Atikokan, Ontario. As currently contemplated, the Transaction will be structured as follows: (i) Usha will assign the Assigned Option Interest to a newly incorporated, wholly-owned subsidiary of Usha ("Usha SubCo"); and (ii) Totec will then acquire all of the issued and outstanding shares of Usha SubCo. The Transaction is intended to constitute Totec's qualifying transaction (the "Qualifying Transaction"), as defined in Policy 2.4 of the TSX Venture Exchange (the "Exchange"). For Usha, the Transaction represents a strategic step to focus on its other core assets, while retaining exposure to the Acquired Property through an equity interest in Totec. Usha's Interest in the White Willow Property Usha's White Willow Property consists of 469 mineral claims optioned on March 15, 2023. The White Willow Property covers approximately 9,978 hectares in the Thunder Bay Mining Division, approximately 170 kilometres west of Thunder Bay. To date, Usha has incurred approximately $454,000 in exploration expenditures on the Property, including several rounds of prospecting, mapping and other grassroots fieldwork in preparation for a maiden drill program. The White Willow Property is subject to an underlying option agreement requiring cash payments totaling $220,000 and the issuance of 3,600,000 common shares of Usha. Payments made to date include $120,000 and the issuance of 2,600,000 common shares of Usha. The White Willow Property is also subject to net smelter return royalties ("NSR") of 3.0%, 1.5% to each of 2758145 Ontario Ltd. and Grid Metals Corp. Two-thirds of the NSR may be purchased from 2758145 Ontario Ltd. and Grid Metals Corp. at any time for consideration of $1,250,000 and $1,000,000, respectively. In connection with the Transaction, Usha will commission an independent technical report on the Acquired Property prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The costs associated with this report shall be borne by Totec. Completion of the Technical Report is a condition precedent to closing. Overview of the Proposed Transaction The LOI contemplates that Usha will first transfer the Assigned Option Interest to Usha SubCo, a wholly-owned subsidiary governed under the laws of British Columbia. Totec will then acquire all of the issued and outstanding shares of Usha SubCo, thereby indirectly acquiring the Assigned Option Interest in the Acquired Property. The final structure and form of the Transaction remains subject to satisfactory tax, corporate and securities law advice for both the Company and Usha and will be set forth in a definitive agreement (the "Definitive Agreement") to be entered into among the parties, which will replace the LOI. It is anticipated that, prior to completion of the Transaction, Totec will complete a consolidation of its share capital (the "Consolidation"), whereby every two (2) common shares will be consolidated into one (1) common share (each, a "Common Share"). The consideration for the acquisition of Usha SubCo will be satisfied through the issuance by Totec to Usha of 5,750,000 Common Shares (on a Post-Consolidation basis) at a deemed price of $0.075 per share (the "Consideration Shares"), representing an aggregate deemed value of $431,250. Additionally, Totec will agree to make an aggregate $100,000 cash payment due to the underlying optionor (the "Underlying Optionor") of the White Willow Property by March 2026, an obligation which would otherwise be Usha's. Usha will remain responsible for an aggregate 1,000,000 Usha common share issuance to the Underlying Optionor due by March 2026. Closing of the Transaction is subject to a number of conditions including but not limited to satisfactory due diligence investigations, the negotiation and execution of the Definitive Agreement, receipt of all required shareholder, regulatory and third-party approvals and consents, including that of the Exchange and the Underlying Optionor, satisfactory completion by Totec of the Concurrent Financing (defined below), and satisfaction of other customary closing conditions. The Transaction cannot close until the required approvals are obtained. There can be no assurance that the Transaction will be completed as proposed or at all. No finders fees will be payable in connection with the Transaction. Additional information concerning the Transaction, including financial information respecting the Acquired Property, will be provided in a subsequent news release. Non-Arm's Length Qualifying Transaction and Shareholder Approval Mr. Deepak Varshney, the Chief Executive Officer of both Totec and Usha, is a common director and officer of the two companies. As such, the Transaction constitutes a "Non-Arm's Length Qualifying Transaction" under Exchange Policy 2.4. Consequently, Majority of the Minority Approval (as defined in Exchange policy 2.4) will be required. Totec intends to seek such approval either through a special meeting of shareholders or via written consent from shareholders holding more than 50% of the Company's issued and outstanding shares, excluding any shares beneficially owned or controlled by Mr. Varshney and any other person required to be excluded by the policies of the Exchange. Similarly, Usha will obtain approval for the transaction from shareholders holding more than 50% of its issued and outstanding shares, excluding shares held by common directors and officers and any other person required to be excluded by the policies of the Exchange. The independent directors of each of Totec and Usha have determined the proposed terms of the Transaction to be fair and reasonable. Notwithstanding is characterization as a "Non-Arm's Length Qualifying Transaction" under Exchange Policy 2.4, the Transaction is not expected to constitute a "Related Party Transaction" under MI 61-101 Protection of Minority Security Holders in Special Transactions. Concurrent Financing Prior to or concurrent with completion of the Transaction, Totec will complete a non-brokered private placement (the "Concurrent Financing") of up to 20,000,000 units of Totec (each, a "Unit") on a Post-Consolidation basis at a price of $0.075 per Unit, for aggregate gross proceeds of up to $1,500,000. Each Unit will be comprised of one (Post-Consolidation) Common Share and one (Post-Consolidation) Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional Post-Consolidation Common Share at an exercise price of $0.20 for a period of three (3) years from the date of issuance. The proceeds from the Concurrent Financing are expected to be used to fund the costs associated with completing the Transaction, carrying out the phase 1 exploration program on the Acquired Property (as will be recommended in the Technical Report), the $100,000 option payment due by March 2026, and for general working capital, as will be set out in more detail in the Form 3B2 Filing Statement or Form 3B1 information circular to be filed on SEDAR+ in connection with the Transaction. The pricing of the Concurrent Financing at $0.075 per Unit has been determined based on current market conditions and arm's length negotiations with potential investors and has been reviewed and approved by the independent directors of each of Totec and Usha. Subject to Exchange approval, Totec may pay commissions on proceeds raised under the Concurrent Financing commensurate with industry norms. No finders fees will be payable in connection with the Transaction itself. All securities issued in connection with the Concurrent Financing will be subject to a statutory hold period of four months and one day from the date of issuance. Resulting Issuer Upon completion of the Transaction, and assuming the full subscription of the Concurrent Financing on the terms described above, the resulting issuer (the "Resulting Issuer") will have 28,813,000 Common Shares issued and outstanding. The anticipated share ownership of the Resulting Issuer will be approximately as follows: Group of Shareholders Number of Common Shares Held Ownership Percentage of Resulting Issuer Existing Totec shareholders 3,063,000 10.63% Participants in the Concurrent Financing 20,000,000 69.41% Usha 5,750,000 19.96% Total 28,813,000 100.0% The Resulting Issuer will be engaged in the business of mineral exploration and the development of the Acquired Property. Upon completion of the Transaction, subject to receipt of all requisite approvals, it is anticipated that the Resulting Issuer will be listed on the Exchange as a Tier 2 - Mining issuer. Upon completion of the Transaction, Totec's board of directors and officers will remain in their current roles. Totec's current officers are Deepak Varshney, CEO, and Khalid Naeem, CFO, and Totec's board is currently comprised of Deepak Varshney, Andres Abogado, James Walker, and Paul McGuigan. Biographic information respecting each of these individuals is provided below: Deepak Varshney - Chief Executive Officer and Director Deepak Varshney brings a wealth of experience in mineral exploration and corporate leadership. As a professional geologist with over a decade of experience, Mr. Varshney has demonstrated a keen ability to identify and develop high-potential mineral assets. Mr. Varshney's expertise spans across various roles in the mining sector. He currently serves as part of the leadership of multiple resource companies, including Doubleview Gold Corp., showcasing his capacity to manage and drive growth across multiple ventures simultaneously. With an educational background from Simon Fraser University, Mr. Varshney combines academic knowledge with practical industry experience. Mr. Varshney has been instrumental in raising over $40 million in the last three years and is part of the Varshney Family Office, known for their successful ventures in the mining and real estate industries, which has successfully founded and funded projects worth over $100 million over the past three decades. Khalid Naeem - Chief Financial Officer Khalid Naeem brings over 18 years of financial expertise to his role as CFO. His extensive experience as a Canadian Chartered Professional Accountant has provided him with a deep understanding of financial management, tax compliance, mergers & acquisitions, risk management, and financial reporting. Mr. Naeem's career in the resource sector is marked by his ability to navigate the complex financial landscapes of exploration and mining companies. His current portfolio includes serving as CFO for several public issuers, including Usha Resources Ltd., Xander Resources Inc., and Formation Resources Inc. This multi-company experience demonstrates his capacity to manage diverse financial challenges and opportunities within the mining industry. Prior to joining the public company sector, Mr. Naeem held several positions of progressively increasing seniority at the Canada Revenue Agency (CRA). Andres Abogado - Director Andres Abogado is a lawyer in Mexico and Canada. He holds an LLB in Mexican Law, an NCA issued by the Federation of Law Societies of Canada, and a Masters of Law from the University of British Columbia, with specialization in international and immigration law. He has 12 years' experience as counsel both in Mexico and Canada. He advises junior mining companies and Canadian companies with legal needs in Mexico and Latin America, including regulatory compliance, permits, complex corporate structures and agreements. Mr. Abogado has also acted as counsel on a wide variety of matters, such as contract and settlement advice, immigration applications, regulatory compliance and complex settlement agreements in México, Spain and Latin American countries. He has also acted as counsel for individuals both in the Provincial Court and the Supreme Court of British Columbia in the application and interpretation of international treaties and he has prevented extraditions to Spanish speaking countries. Mr. Abogado is a member of the Law Society of British Columbia, the Vancouver Bar Association, the Canadian Bar Association, the British Columbia Arbitration and Mediation Institute and he has been appointed by the Mexican government as external counsel for the Mexican Consulate in Vancouver. James Walker - Director James Walker has extensive experience in engineering and project management; particularly within mining engineering, mechanical engineering, construction, manufacturing, engineering design, infrastructure, safety management, and nuclear engineering. He is also the CEO and President and Director of Ares Strategic Mining and a Director of Bayhorse Silver Inc. and Xander Resources Inc. Mr. Walker's professional experience includes designing nuclear reactors, submarines, chemical plants, factories, mine processing facilities, infrastructure, automotive machinery, and testing rigs. Mr. Walker holds degrees in Mechanical Engineering, Mining Engineering, and Nuclear Engineering, as well as qualifications in Project Management and Accountancy, and is a Chartered Engineer with the IMechE, and registered as a Project Manager Professional with the Association for Project Management. Paul McGuigan - Director Paul McGuigan is a Professional Geoscientist registered with the Association of Engineers and Geoscientists of British Columbia, with 45 years of international experience in mineral exploration, deposit evaluation, mine operations, and corporate governance. As a geochemical researcher, he developed mineral separation techniques commonly employed in exploration and heavy mineral sands mapping. First employed by Resource Associates of Alaska, Pechiney Ugine Kuhlmann, and Esso Minerals Canada, he operated in Canada and the USA. For the last 34 years, Mr. McGuigan has managed the Cambria group of consulting companies in North and South America, Europe, Africa, the Middle East, and the SW Pacific. In civic service, he has served as a member of the Consulting Practice and the Geoscience Committees of the Engineers and Geoscientists of BC, as a director of the BC Neurological Centre, and, lately, as past-president / director of the BC Centre for Ability Foundation. Sponsorship The Transaction is subject to the sponsorship requirements of the Exchange unless an exemption from those requirements is granted. Totec intends to apply for an exemption from the sponsorship requirements; however, there can be no assurance that an exemption will be obtained. If an exemption from the sponsorship requirements is not obtained, a sponsor will be identified at a later date. An agreement to act as sponsor in respect of the Transaction should not be construed as any assurance with respect to the merits of the Transaction or the likelihood of its completion. Filing Statement In connection with the Transaction and pursuant to the requirements of the Exchange, Totec intends to file a Form 3B2 Filing Statement or Form 3B1 information circular on its issuer profile on SEDAR+ ( which will include comprehensive information regarding the Transaction and the Resulting Issuer. Additional Information Trading in the common shares of Totec has been halted, and will remain halted, pending the satisfaction of all applicable requirements of Policy 2.4 of the Exchange. There can be no assurance that trading of common shares of Totec will resume prior to the completion of the Transaction. Further details concerning the Transaction (including additional information regarding Usha) and other matters will be announced when a Definitive Agreement is reached. The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. About Totec Resources Ltd. Totec is a Capital Pool Company within the meaning of TSXV Policy 2.4, has not commenced commercial operations, and has no assets other than cash. For further information, please contact: Deepak Varshney, CEO and DirectorTelephone: 778-899-1780 Forward Looking Statements: The information provided in this press release regarding Usha has been provided to Totec by Usha and has not been independently verified by Totec. The information provided in this press release regarding Totec has been provided to Usha and has not been independently verified by Totec. Completion of the Transaction is subject to a number of conditions including but not limited to Exchange acceptance, and if applicable pursuant to Exchange policies, majority of the minority shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative. The Exchange has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release. The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties, including assumptions that all conditions to the closing of the Transaction will be satisfied and that the Transaction will be completed on the terms set forth in the LOI. Although Totec and Usha consider these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect, and the forward-looking statements in this news release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, the risk that required approvals and the satisfaction of material conditions are not obtained in connection with the Transaction, the risk that the Transaction is not approved or completed on the terms set out in the LOI or Definitive Agreement (which has not or may not be entered into between Totec and Usha) or at all and that sufficient funds may not be raised pursuant to the Concurrent Financing. Although Totec and Usha believe that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, Totec and Usha disclaim any intention and assume no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Totec Resources Ltd. View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
13-05-2025
- Entertainment
- Time of India
Why JD Vance is being trolled for his 17-word Mother's Day wish
JD Vance did not mention Usha in his Mother's Day message. Vice President JD Vance put out an innocuous post wishing all the mothers on May 11, Mother's Day but The List read between the lines and interpreted the message as a cold shoulder to Second Lady Usha Vance . "Happy Mother's Day to all the moms out there. We love you and are grateful for you!" JD wrote in a succinct post. The fact that he did not mention Usha Vance, the mother of his three children, resulted in a meltdown for 'The List' which said JD Vance sent "divorce rumors into overdrive" after giving Usha "the cold shoulder on Mother's Day". The report ripping JD Vance's Mother's Day post scanned the other posts that the Vice President made on the day and concluded that JD Vance was busy praising his boss, Donald Trump. "Boss is on fire today," JD Vance posted after Donald Trump announced that he would cut the process of prescription drugs. Some social media users questioned his complicated relationship with his mother Bev who fought addiction when Vance was a child. in his bestselling memoir Hillbilly Elegy, Vance recounted his childhood trauma that involved his parents divorce and when his mother was arrested.n Vance was raised by his grandparents Bonnie and Jim Vance whom he calls Mamaw and Papaw. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Car Cleaner Works So Fast, It Feels Like Cheating Make Your Car Look Like New Undo JD took his grandparents' surname as his mother went on to marry several times -- five times in total. This is the same surname that Indian-origin Usha also took after marrying JD. They met at Yale Law School and though Usha and JD speak highly of each other, many people who believe JD to be a misogynist -- because of his 'childless cat ladies' remark which he used in the past to describe Democrats -- think that their marriage is on the rocks. Usha Vance was a registered member of the Democratic Party until about a decade ago. And she counts among her legal roles a job as a corporate litigator at prestigious firm Munger, Tolles & Olson in San Francisco – a firm that describes itself as "radically progressive".
