Lord’s Mark Industries Gains $1M US MedTech Contract, Goes Global

Mumbai, 7th April 2025: Lords Mark Industries Limited, a distinguished company known for its diverse portfolio, through its subsidiary Lord’s Mark Global LLC, has made a strategic entry into the United States market by securing its first major order valued at approximately $1 million. This milestone marks a significant step in the company’s global expansion, reinforcing India’s ‘Made in India’ initiative with cutting-edge MedTech innovations.

The order includes Contactless Remote Patient Monitoring (RPM) and AI-Based Early Warning Systems (EWS)—state-of-the-art healthcare solutions developed and manufactured in India by Lord’s Mark Industries. These advanced systems provide real-time patient monitoring, predictive analytics, and seamless Electronic Health Record (EHR) integration, offering a revolutionary approach to patient care.

Commenting on the development, Mr. Sachidanand Upadhyay, Managing Director, Lord’s Mark Industries Ltd., said, “This entry into the US market is a testament to our commitment to innovation and excellence. Our AI-powered and contactless monitoring solutions align with the future of global healthcare, and we are proud to represent Indian technological capabilities on the world stage.”

The company continues to expand its healthcare footprint with ISO 13485:2016, HIPAA, and IEC 60601-1/1-2 compliant products, ensuring global standards in safety and efficacy. This breakthrough in the US market signifies a new era of Indian MedTech exports, driving innovation and accessibility in healthcare worldwide.

Lord’s Mark Industries operates through key subsidiaries, including LordsMed, Lord’s Mark Insurance Broking Limited, Lord’s Mark Biotech, Lords Mark Microbiotech, and Lords Automative Private Limited, along with verticals in renewable energy products and paper. Committed to innovation and excellence, the company continues to expand while upholding the highest quality standards. Diversification remains the foundation of Lord’s Mark Industries’ sustained growth and success.

Kamats Legacy Joins TFS to Deliver Authentic Dining to Airport Travellers

Vikram Kamats Hospitality Limited has partnered with Travel Food Services (TFS) to bring the beloved Kamats–the experts in South Indian food–to experience travelers across India. Through this collaboration, Kamats will open its Premium fine dine restaurant by the name Kamats Legacy inside the renowned TFS food courts and restaurants at major airports, offering travelers an authentic taste of South Indian cuisine and other cherished delicacies while waiting for their flights.

This strategic alliance represents a major milestone for both brands, bringing together Kamats’ rich culinary legacy and TFS’s expertise in world-class airport hospitality. As the demand for high-quality dining experiences at airports continues to rise, this partnership ensures that travelers can experience the wholesome, flavorful snacks and meals that define Kamats. The collaboration will extend to key airports in cities such as Bangalore, Mumbai, Delhi, Hyderabad, and Chennai, enhancing the travel experience for passengers across the country. For the customers food will be served on banana leaves with truly authentic and traditional service of south India Cuisine.

Dr. Vikram Kamat, Managing Director, Vikram Kamat Hospitality Limited, expressed his excitement about the partnership, stating, “Airports are evolving to become destinations in themselves, where travellers seek comfort, convenience, and great food. We are very happy to partner with TFS to bring the Kamats’ experience to airport lounges across India. For decades, Kamats have been the go-to place for travellers on highways, and now, we are extending that comfort and familiarity with air travellers as well. South Indian food is very easy on the stomach when traveling and the preferred choice for all when travelling. Also, it can be enjoyed any time of the day making it ideal.  This collaboration aligns perfectly with our vision to make quality food accessible to people wherever they travel, ensuring that they don’t have to compromise on taste or authenticity.”

With TFS operating some of the most prestigious lounges at airports, Kamats Legacy’s presence in these spaces will upscale the overall travel experience by providing fast, fresh, and flavorful food that resonates with both domestic and international travelers. The partnership is set to redefine airport dining by offering a seamless blend of tradition, taste, and convenience.

Welspun One Wins ₹2,300 Crore NaBFID Financing for JNPA Logistics Hub

Mumbai, April 7, 2025: Welspun One Logistics Parks (Welspun One) is pleased to announce the successful financial closure of its flagship logistics park project at Jawaharlal Nehru Port Authority (JNPA). The National Bank for Financing Infrastructure and Development (NaBFID) has underwritten Rs. ~2,300 crore in construction financing, underscoring the project’s viability and Welspun One’s credibility in the logistics sector.

The JNPA logistics park, spanning 55 acres, represents Welspun One’s largest logistics development in India. Strategically located within the JNPA Special Economic Zone (SEZ) in Navi Mumbai, this state-of-the-art, Grade A industrial and warehousing facility will cater to e-commerce, 3PL, FMCG, and manufacturing sectors. With a total development potential of over 3.6 million square feet, the park is designed to drive efficiency across supply chains and strengthen India’s logistics infrastructure.

Securing this funding ensures the timely execution of the JNPA project, reinforcing Welspun One’s commitment to large-scale infrastructure development. This collaboration with NaBFID aligns with our vision to bolster India’s logistics capabilities, catering to the burgeoning demand for Grade A warehousing solutions.

Anshul Singhal, Co-Founder and Managing Director, Welspun One, said, “The financial closure of our JNPA project marks a pivotal step in our journey to create world-class logistics and industrial infrastructure in India. This park will set new benchmarks in efficiency and scalability, supporting India’s growing demand for high-quality warehousing solutions. With NaBFID’s support, we are positioned to accelerate execution while continuing to drive long-term value for our stakeholders.”

Commenting on the partnership, Mr. Rajkiran Rai, Managing Director, NaBFID said, “We are delighted to partner with Welspun One’s Logistics Park in JNPA. State-of-the-art facilities such as this one are a part of the Government’s plan to reduce logistics cost to the global average of 8% of GDP, in order to promote competitiveness of Indian industry.”   

 Mr. Samuel Joseph, DMD, NaBFID, mentioned, “NaBFID is naturally suited to finance such projects with a long implementation period, requiring an extended repayment schedule. We have extended a 22-year Term Loan for this project. While we have financed other warehousing projects, this project is unique as it comes up in a SEZ area and is being built to international standards.”

 The successful financial closure was facilitated by the invaluable contributions of our advisory and legal partners. CBRE conducted comprehensive technical due diligence, Saraf & Partners provided legal advisory services, and BDO ensured meticulous verification and compliance. ​

This milestone further strengthens Welspun One’s position as a leader in the development of institutional-grade warehousing and logistics parks, supporting India’s economic and industrial growth.

‘Jacaranda’ by Gaël Faye Awarded 4th Goncourt Prize – Chosen by India

India, April 7, 2025: The Choice of India edition of the Goncourt Prize, one of the most prestigious French literary prizes, has been awarded to ‘Jacaranda’, a French-language novel by Franco-Rwandan writer Gaël Faye, published in 2025 by the French publishing house Grasset.

Jacaranda is a poignant work that explores the profound link between history, the quest for identity and belonging to one’s land. Set in Rwanda, a country scarred by the 1994 genocide, the novel not only revisits the tragic past, but also highlights the changes underway, including judicial reforms and social transformations. Through a fluid and emotional narrative, Faye invites us to experience moments of hope, pain and resilience. The story is deeply moving, immersing us in the soul of a people undergoing reconstruction, while echoing the immense potential of the country’s future.

Writer Gaël Faye said: “I’m happy to know that this story resonated with the jury of the Indian chapter of the Goncourt prize. My novel ‘Petit Pays’ had already received an exceptional welcome during my trip to India in July 2020, especially during the Jaipur Literature Festival. I carry that cherished memory in my heart. I’m glad that this relationship is continuing with ‘Jacaranda,’ which is like another piece in the same puzzle: a vast human story of exile, belonging, silences, shadows, and of the light.”

Singer-songwriter Gaël Faye is also the author of the phenomenal first novel Petit pays (Small Country) (Grasset 2016, Prix Goncourt des lycéens) and several other albums.  Jacaranda has been awarded the famous Renaudot Book Prize 2024 and The Goncourt Prize of Germany.

Following the announcement, the French Ambassador to India, H.E. Mr Thierry Mathou, said: “I am proud to witness the continued success of the “Choix Goncourt de l’Inde” programme, which offers students across India the unique opportunity to engage with contemporary French literature. This initiative is instrumental in making French literary works accessible, addressing the complexities of distributing French books in such a vast and diverse country. To support this endeavour, the French Institute in India procures around 270 books, which are made available to the students and their professors, thereby ensuring widespread access to contemporary French literature.”

The Prix Goncourt is awarded each year to the author of “the best and most imaginative prose work of the year”. The Goncourt Choice of India was created for Indian francophone students who love literature. It is affiliated with the Académie Goncourt. For its fourth (current) edition, the Indian jury was composed of students from nine Indian universities – The English and Foreign Languages University (EFLU), Pondicherry University, University of Mumbai, Savitribai Phule Pune University, University of Delhi, Jawaharlal Nehru University, University of Rajasthan, Madurai Kamaraj University, Banaras Hindu University as well as students from the Alliances Françaises network.

Over six months, the jury read the four books shortlisted for the Goncourt Prize in their original language, and discussed them with their teachers and classmates.

The four books shortlisted for the Goncourt Prize in their original French language, were:

  • Madelaine avant l’aube, Sandrine Colette (JC Lattès)

  • Jacaranda, Gaël Faye (Grasset)

  • Archipels, Hélène Gaudy (L’Olivier)

  • Houris, Kamel Daoud (Gallimard)

A series of online sessions were offered to them to get to know France’s most prestigious literary prize with the President of Goncourt Academy – the French writer Philippe Claudel – and to understand the publication journey behind the four titles.

Luxury Hospitality Visionary Ratan Kant Sharma Receives ET Award

National, 7th April 2025: Raffles Udaipur proudly celebrates the Chairman and Managing Director of Triton Hotels and Resorts Pvt. Ltd, Mr. Ratan Kant Sharma, on being awarded the prestigious ET Entrepreneurship Award. Recognised for his vision and leadership in shaping India’s luxury hospitality landscape, Mr. Sharma has been instrumental in bringing world-renowned brands like Fairmont and Raffles to the country.

In 2012, Mr. Sharma introduced Fairmont Jaipur, a 245-room ultra-luxury hotel that seamlessly blends Rajput heritage with world-class hospitality. Today, it stands as one of India’s most sought-after wedding destinations, renowned for its grandeur and timeless elegance.

Under his leadership, Raffles Udaipur, India’s first Raffles hotel, has redefined ultra-luxury hospitality. Nestled on a 21-acre private island, this sanctuary has become a coveted retreat for discerning travelers worldwide since its opening in 2021.

Further elevating India’s luxury landscape, Mr. Sharma introduced Raffles Jaipur, an exquisite new address adjacent to Fairmont Jaipur. A testament to the Raffles legacy, the hotel offers an unparalleled blend of heritage, sophistication, and world-class service. Notably, India is the only country to host two Raffles properties in the same state within five years, marking a significant milestone in global luxury hospitality.

Reflecting on this honor, Mr. Ratan Kant Sharma, Chairman & Managing Director of Triton Hotels and Resorts Pvt. Ltd., said: “Receiving the ET Entrepreneurship Award is a profound honor, reflecting the passion and dedication that drive us at Triton Hotels and Resorts. With Raffles and Fairmont, our vision has always been to bring an unparalleled level of luxury and heritage to India’s hospitality landscape. This recognition reaffirms our commitment to excellence, and I share it with my team, whose relentless efforts have shaped Raffles and Fairmont into destinations of distinction.”

Mr. Namby, General Manager of Raffles Udaipur, added: “Mr. Sharma’s unwavering passion for luxury hospitality is rooted in his pioneering role in bringing both Fairmont and Raffles to India. As the driving force behind Raffles Udaipur’s success, his vision of blending timeless elegance with India’s rich heritage has shaped a truly one-of-a-kind experience. This award stands as a well-deserved tribute to his remarkable contributions to the industry..”

 With a legacy of excellence, Mr. Ratan Kant Sharma continues to shape the future of luxury hospitality in India, ensuring that Raffles and Fairmont remain icons of opulence, culture, and world-class service.

Shweta Jha Elevates Alvarez & Marsal’s Financial Services Expertise as Managing Director

MUMBAI, INDIA, 07 April, 2025 – Leading global professional services firm Alvarez & Marsal (A&M) India has announced the appointment of Shweta Jha as Managing Director within its Business Transformation Services practice. This appointment aligns with A&M’s continued investment in the financial services sector and its commitment to delivering data-driven, technology-enabled solutions for clients.
Shweta Jha, Managing Director, A&M India
Ms. Jha brings over 18 years of experience in financial services, having worked both as a consultant and operator. Her expertise lies in driving operational efficiency, cost transformation, enabling data platform and technology modernization, managing financial and non-financial risks, and designing enterprise-wide digital journeys. She has led large-scale operating model redesigns and organizational structuring efforts, with a strong focus on embedding analytics and AI into business processes.
Prior to joining A&M, she worked with firms such as Booz & Company (now Strategy&), Accenture, and most recently Deutsche Bank, where she led the internal global strategy team based in Mumbai.
Himanshu Bajaj, Managing Director & Head – A&M India and GCC, said, “The financial services sector is undergoing rapid transformation, driven by digitization, regulatory shifts, and changing customer expectations. Shweta’s cross-functional experience and deep understanding of the financial services landscape will enhance our ability to support clients in navigating this complex environment. Her appointment reflects our broader commitment to growing our transformation offerings and helping clients achieve measurable impact.”
Shweta Jha, Managing Director, A&M India, said, “India’s financial services industry is at an inflection point, with firms increasingly embracing data, AI, and digital technologies to drive performance. A&M’s hands-on, results-oriented approach and strong operational heritage provide an ideal platform to help clients drive this change. I am excited to join the firm and look forward to partnering with clients to navigate the complexities and capitalize on opportunities in the financial services space.”

Bajel Projects Limited Appoints Nitesh Bhandari as CFO Now

Mumbai, 7 April 2025: Bajel Projects Limited (Bajel), a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors, today announced the appointment of Nitesh Bhandari as its new CFO & Joint President, effective 1st May 2025. Nitesh is a chartered accountant with over 26 years of strong finance experience. Prior to joining Bajel Projects, he was CFO & Executive Director of Gujarat Gas Limited, a large BSE-listed infrastructure services company, where he led the finance, accounts and investor relations departments.

Nitesh Bhandari, CFO of Bajel Projects

Mr. Rajesh Ganesh, Managing Director and CEO, said, “We are confident that Nitesh’s vast and strong expertise in finance & investor relations will be invaluable as Bajel continues to strategically grow the business sustainably going forward”. Nitesh succeeds Binda Misra, who has decided to pursue interests outside of Bajel Projects Limited after 28 years of dedicated service. Bajel Projects Limited thanks Binda Misra for his dedication and commitment to the company and wish him all the best in his future endeavors.”

“I am thrilled to join the dynamic team at Bajel Projects as CFO & Joint President. I look forward to working with the team to contribute to the company’s continued growth, financial stability, and strategic objectives,” said Nitesh. Building and implementing Bajel’s overall financial strategy in alignment with its business goals would be one of the key undertakings for Nitesh as he takes the reins at Bajel Projects Limited.

Madrid Property Prices Surge: A Market Analysis

April 7, 2025: The latest market analysis by prime London property brokerage, Jefferies James, has revealed that when it comes to property price appreciation across the world’s luxury property hotspots London has seen one of the lowest annual rates of growth, with Madrid boasting the strongest performance.

Jefferies James analysed property price data across 15 global property hotspots to reveal which has seen the strongest rate of growth over the last year.*

The analysis shows that Madrid tops the table where current market performance is concerned, having seen property values climb by 20.3% over the last year.

Dubai also ranks highly in this respect, having seen property values climb by 16.5% on an annual basis, with Mumbai (+6%), New York (4.2%) and Singapore (+3.9%) also ranking within the top five.

At 3.6%, Geneva has also recorded a respectable level of property price appreciation over the last year, whilst growth has been more measured across Los Angeles and Monaco and 1.3% and 1.1% respectively.

Vancouver, Berlin, Sydney and London have seen the most muted market performances over the last year, with an annual rate of growth of just 0.4%, whilst property values across Paris (-3%), Auckland (-4.8%) and Hong Kong (-8.2%) have all fallen.

Founder of Jefferies James, Damien Jefferies, commented:

“The global landscape currently presents a rather mixed bag with respect to property price performance, as whilst a handful of cities have seen a respectable rise in values over the last year, there’s a good proportion where the market has remained fairly muted, with some even seeing a reduction.

However, whilst this may seem negative on the face of it, we’re seeing a heightened degree of activity from luxury buyers, who recognise that now is the time to act in order to take advantage of less buoyant market conditions.

This has particularly been the case across London, where property values have remained largely static year on year. Despite this, the city remains by far one of, if not the most desirable destinations for international buyers, many of whom are recognizing that now is the smart time to invest, before improving market conditions cause prices to rise.”

Consistent Expresses Gratitude to Partners for Success

New Delhi, 7th April 2025 – As the Fiscal Year 2024-2025 comes to a successful close, Consistent also known as Consistent Infosystems, a leading name in IT hardware, Print Consumable, Storage Security Surveillance and Gaming Segments, extends heartfelt gratitude to its valued partners, distributors, and stakeholders. The unwavering support and collaboration of these partners have been instrumental in driving innovation, growth, and success for Consistent throughout the year.

Reflecting on the past year, Yogesh Agrawal, Co-Founder and CMD of Consistent Infosystems, expressed appreciation, stating, “Our journey of growth and success is a testament to the strong relationships we have built with our partners. Their trust and commitment have fueled our ambition to deliver cutting-edge technology and best-in-class solutions. As we move into the new fiscal year, we look forward to strengthening these partnerships and achieving greater milestones together.”

The past year has been marked by significant achievements for Consistent Infosystems, including the launch of advanced IT and surveillance products, strategic expansion into new markets, and industry recognitions. These accomplishments have been possible due to the relentless efforts of its channel partners and stakeholders, who play a crucial role in the company’s sustained success.

Looking Ahead to 2025-2026

As Consistent embarks on the new fiscal year, the company remains committed to delivering innovative technology, expanding its product portfolio, and enhancing customer satisfaction. With an ambitious roadmap ahead, the brand is geared up to introduce next-gen solutions while continuing to foster strong collaborations with its partners.

Consistent Infosystems sincerely thanks all its partners for their continuous support and dedication. Together, the company aims to set new benchmarks in the industry and drive unparalleled growth in the coming year.

LG Electronics India Limited Unveils New Monitors

New Delhi, April 07, 2025 – LG Electronics India Limited, a consumer durables brand, today announced the launch of its latest LG Smart Monitors – the 27SR75U and 32SR75U. Designed to cater both professionals and entertainment enthusiasts, these next-generation monitors combine stunning 4K UHD resolution, seamless connectivity, and a clutter-free experience powered by webOS23.

 Key Highlights of the LG Smart Monitors:

  • Stunning 4K UHD Display: Experience crystal-clear visuals with 4K resolution, bringing content to life with clarity. The monitors support 90% DCI-P3 color gamut, ensuring accurate color reproduction as intended by content creators.
  • webOS23 Integration: Enjoy easy access to popular streaming services along with 100+ free channels via LG Channels.
  • Seamless Connectivity: Equipped with USB Type-C Port and ScreenShare, the monitors enable wireless connectivity and effortless content sharing from laptops and mobile devices.
  • Voice Control with Magic Remote Support: The monitors support LG’s Magic Remote, allowing users to manage tasks and operations with ease using voice commands via the ThinQ Voice Assistant.
  • All-in-One Entertainment Hub: Explore built-in apps for sports, music, fitness, and cloud gaming, making it a versatile hub for both work and leisure.

Mr. Young Hwan Jung, MS Sales Division Leader, LG Electronics said, “At LG, we are committed to delivering innovative solutions that enhance the way people work and play. The new Smart Monitors – 27SR75U and 32SR75U – are a testament to this vision. With stunning 4K UHD displays, seamless connectivity, and the power of webOS23, these monitors are designed to redefine productivity and entertainment. Whether you’re a professional seeking a clutter-free workspace or an entertainment enthusiast looking for an immersive experience, the Smart Monitors offer the perfect blend of performance, design, and convenience. We are excited to bring this next-generation technology to our customers in India.”

 The LG Smart Monitors – 27SR75U and 32SR75U – share a range of features designed to enhance productivity and entertainment. Both models feature a 3-side virtually borderless design and 4K UHD (3840×2160) resolution, delivering visuals with clarity. They support a DCI-P3 90% (Typ.) color gamut and HDR 10, ensuring vibrant and accurate colors. Connectivity options include HDMI x 2, USB 2.0 x 2, and USB Type-C™ x 1 with 65W charging, alongside built-in Wi-Fi and Bluetooth for seamless wireless connectivity. Powered by webOS23, both monitors provide access to popular streaming services, sports, music, fitness apps, and cloud gaming. Additional features include voice control via the Magic Remote and ThinQ Voice Assistant, ScreenShare, AirPlay2, and internal speakers (5W x 2). The tilt and height-adjustable stand ensures ergonomic comfort, making these monitors versatile for both work and play.

While both monitors share many similarities, they differ in display size and panel technology. The 27SR75U features a 27-inch IPS display with 350 nits brightness, offering wider viewing angles and sharper color accuracy, ideal for creative professionals. On the other hand, the 32SR75U boasts a larger 32-inch VA display with 250 nits brightness, providing deeper contrast ratios and a more immersive viewing experience, perfect for entertainment enthusiasts. These differences cater to varying user preferences, ensuring there’s a Smart Monitor for every need.