Mumbai, January 28, 2025 – R R Kabel (RRK), one of the leading consumer electricals players with a strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter and nine months that ended on December 31, 2024.

 

 

Commenting on the Results, Mr. Shreegopal Kabra, MD said, – “RR Kabel has delivered its highest-ever revenues in 9M FY25, despite overall moderate volume growth in Wires & Cables business, while the FMEG segment recorded solid revenue performance, driven by robust volume growth and an improved product mix. Despite volatility in commodity prices, demand has remained fairly stable. Looking ahead, we expect margin improvements in the coming quarters. We continue to focus on our long-term vision of achieving double-digit EBITDA margins, breakeven in the FMEG segment, capacity expansion, and diversifying into newer and emerging market opportunities.”

29th Jan, Mumbai: Mr. Andre Eckholt, Managing Director of Hettich India, has been reappointed as Co-Chair of the Federation of Indian Chambers of Commerce and Industry (FICCI) Furniture Committee for 2025.

Established in April 2020, the FICCI Furniture Committee has been working towards addressing industry challenges and fostering collaboration between the Government, industry leaders, and stakeholders. The committee focuses on initiatives such as improving raw material availability, reducing logistics costs, increasing capacity utilization, and promoting the development of furniture hubs across the country.

Mr. Eckholt’s reappointment comes at a time when the Government of India’s ‘Make in India’ initiative is boosting the visibility and growth of the furniture sector.

Speaking about the role, he noted, “India’s furniture industry holds vast potential to compete on the global stage. We look forward to continuing the collaborative efforts needed to address industry challenges and position India as a leader in furniture manufacturing and exports.”

As a key industry player, Hettich India has supported the committee’s goals through its work in sustainability, skill development, and fostering ease of doing business – efforts that perfectly align with the committee’s vision for building a globally competitive furniture industry.

With a skilled labor force, abundant raw materials, and rising global demand, India’s furniture industry is well-poised to become one of the top three global players. The FICCI Furniture Committee, under the guidance of its leadership, aims to contribute meaningfully to this progress, supporting the industry’s self-reliance and export capabilities.

New Delhi, 29th January 2025: In a strategic move to advance senior health and wellness, Antara Senior Care, part of the $5 billion Max Group, has partnered with Wellbeing Nutrition, a pioneer and leader in nutraceutical innovation. The collaboration will leverage Antara’s deep understanding of senior health needs and Wellbeing Nutrition’s expertise in creating clinically accurate, evidence-based nutraceuticals to co-create products designed specifically for older adults. These products will address identified nutritional gaps, offering seniors and their caregivers easy access to high-quality, research-backed solutions through online and offline channels.

Nutritional deficiencies among older adults in India remain a pressing concern, with 27% of seniors aged 60 and above being underweight. Nearly 76% of seniors have low vitamin D levels, and over 42% suffer from vitamin B12 deficiency, leading to serious health complications like cognitive decline and weakened immunity. These figures highlight the critical need for targeted interventions that cater to the specific nutritional requirements of seniors.

“Antara’s AGEasy platform, a key initiative under its Assisted Care Services, will play a central role in distributing these products. This collaboration aligns seamlessly with Antara’s mission to provide seniors with accessible, innovative care solutions, reinforcing its position as a trusted leader in senior wellness. This partnership represents not only the convergence of two forward-thinking organizations but also a commitment to transforming the landscape of senior care in India. By addressing nutritional needs with precision and care, Antara and Wellbeing Nutrition aim to enable seniors to lead lives marked by vitality, dignity, and ease,” said Ishaan Khanna, CEO, of Antara Assisted Care Services.

He added, “By co-developing tailored products that bridge critical nutritional gaps, the collaboration is poised to set a new benchmark for senior wellness in India. Recognizing the need for a partner that shares our ethos and vision for senior wellness, we sought a collaboration that could complement our efforts. In Wellbeing Nutrition, we have found the perfect partner, one that combines innovation, scientific rigor, and clinically validated solutions tailored to seniors’ unique nutritional needs. Together, we aim to provide seniors with transformative products that empower them to lead healthier, more fulfilling lives.”

Avnish Chhabria, Founder of Wellbeing Nutrition, said, “As seniors navigate evolving health challenges, their nutritional needs require targeted and thoughtful solutions. At Wellbeing Nutrition, we’ve spent the last three years dedicated to research and development to create clinically accurate, evidence-based solutions tailored for seniors. Our approach combines cutting-edge science with the best global ingredients to ensure that our products are both effective and safe. We recognize that seniors often face dual challenges of lifestyle-induced risks and core morbidities, which is why our solutions are meticulously crafted with rigorous scientific validation.”

He added, “This partnership with Antara enables us to extend our mission of enhancing overall well-being to a segment that deserves dedicated care. By addressing specific needs with products backed by robust clinical evidence, we aim to empower seniors to lead healthier, more fulfilling lives. Together with Antara, we’re not just filling nutritional gaps—we’re setting a new standard for senior wellness in India.”

New Delhi, January 28th, 2025: The Bird Education Society for Travel & Tourism (Bird Academy), a leader in career-oriented aviation training, skilling, and placements for over 27 years, is proud to announce that it has been accredited as an Aviation Security Training Institute (ASTI) by the Directorate General, Bureau of Civil Aviation Security (BCAS), Ministry of Civil Aviation, Government of India. This prestigious accreditation authorizes Bird Academy to conduct BCAS-endorsed Aviation Security (AvSec) training programs, including:

•  AvSec Induction Training (5 Days)
•  AvSec Basic Training (14 Days)
•  AvSec Basic Refresher Training (3 Days)

Conducted as per the National Civil Aviation Security Training Programme (NCASTP 2024), these programs are designed to prepare aviation security personnel with critical skills, ensuring the highest industry standards.

Mr. R.N. Choubey, IAS (Retd. Secretary, Civil Aviation) congratulated Team Bird Academy through a video message and said, “The launch of ASTI marks a significant milestone, not just for Bird Group but for the entire aviation security ecosystem in India. Known for their unmatched standards in the aviation sector, the Bird Group is now poised to set new benchmarks in training and innovation. Under the visionary leadership of Mrs. Radha Bhatia and her dedicated team, I am confident that ASTI, Bird Academy will not only stand out as a center of excellence but will soon rise to be the premier aviation security training institute in the country, serving as a model for others to emulate. This initiative will undoubtedly strengthen our nation’s aviation security framework and inspire a new era of professional excellence.”

Mr. M.T. Baig, Senior Advisor, Aviation Security, Bird Group inspired the batch of students to present there with his experiences and shared that nowadays private security agencies are being deployed at the airports to perform non-core aviation security functions and access control duties at the entry point of the airports as well as check-in area. Hence, these personnel are required to undergo certain AVSEC training approved by regulatory authorities, who can be trained at this state-of-the-art facility.

Mr. Syed Sarosh Khushbakht, Sr. Manager-Head-ASTI, Bird Academy, and Ms. Vineetha G., Manager – Training, Bird Academy shared the pride of having the ASTI accreditation as a new feather in the cap and said that this will align with the vision of BESTT of creating deeper synergies with global aviation.

On this occasion, Mrs. Radha Bhatia, the visionary Chairperson of Bird Group said, “Since the last 5 decades Bird Group has stayed deeply entrenched and committed towards the progress of the Indian aviation and travel industry. Bird Academy has served on the frontlines for more than 27 years by offering meaningful, gainful education and skilling, as a result of which thousands of its alumni are today successful professionals who are further contributing towards the industry’s growth. In the aviation industry, security is of paramount importance. The ASTI center, Bird Academy is indeed a promise of excellence for the future of aviation. We are immensely grateful to BCAS for their invaluable trust in us and this accreditation. It makes us want to soar even higher as the burgeoning industry grows.”

Benefits of Accreditation:

•  Delivering BCAS recognized AVSEC (Aviation Security) training for a secure aviation ecosystem.
•  Bridging skill gaps in aviation security and empowering professionals.
•  Providing accessible, high-quality security training to aviation personnel.
•  Offering joint certification with BCAS certified credentials for greater employability.

Bird Academy (BESTT), the educational division of the esteemed Bird Group, boasts of decades of excellence in aviation training and skill development. Recognized for its industry-aligned programs and outstanding placement record, it has established itself as a trusted leader in aviation, travel, and tourism education. The addition of BCAS-accredited ASTI training to Bird Academy’s portfolio marks a significant step in its commitment to delivering high-quality training. This inclusion ensures the provision of mandatory aviation security training to relevant professionals, further strengthening its mission to uphold industry standards and enhance professional competencies.

Jaipur, 28th January 2025:IIHMR University, a leading health management research university, successfully conducted an Orientation Program for the National Service Scheme (NSS). The program witnessed enthusiastic participation from over 60 volunteers who pledged to dedicate their time and energy toward NSS activities. These initiatives include community service projects aimed at strengthening the fabric of the nation through impactful grassroots work.

The event was graced by Shri S.P. Bhatnagar, Regional Director of NSS, Ministry of Youth Affairs and Sports, Government of India, as the keynote speaker. He provided an insightful orientation to the NSS volunteers, emphasizing the core objectives and functioning of the NSS and its pivotal role in fostering nation-building and the personal development of India’s youth. Shri Bhatnagar also highlighted the profound meaning of the NSS motto, “Not Me But You,” underscoring the spirit of selfless service.

Dr. PR Sodani, President, of IIHMR University, inspired the volunteers to contribute wholeheartedly to nation-building through community service, and shared, “At IIHMR University, we firmly believe in empowering youth to lead transformative change through selfless community service. The National Service Scheme is a powerful platform that instills a sense of responsibility, compassion, and leadership among students. By working with marginalized communities, our volunteers will not only contribute to building a stronger nation but also enrich their personal growth through meaningful experiences. Together, we can make a difference, one step at a time.”

As part of the event, nine students were felicitated for their outstanding contributions in competitions such as quizzes, e-poster designs, and reels conducted on the 150th Birth Anniversary of Shri SardarVallabhbhai Patel and Constitutional Day.

28th January 2025: As India eagerly anticipates the Union Budget 2025, industry leaders across the food and beverage, startup, beauty, and sustainable luxury sectors share their expectations and key recommendations for policy reforms that could drive growth and innovation. Addressing sector-specific challenges and introducing progressive measures will be pivotal in shaping a resilient and forward-looking business environment.

By – Mr. Ganesh Sonawane, Founder and CEO of Frido

 “India’s startup ecosystem is a thriving hub of innovation, and we hope that the Union Budget 2025 reflects its potential. Startups, particularly those focusing on health-focused innovations, stand to benefit greatly from policies that streamline GST processes, introduce R&D tax incentives, and provide easier access to funding could ignite a wave of innovation, empowering manufacturers and startups to meet the increasing demand for wellness products. Encouraging startups to scale manufacturing for global markets will also be crucial in reinforcing the Make in India for the World initiative. With the right support, entrepreneurs can position India as a global hub for wellness and ergonomic solutions, showcasing the country’s ingenuity and innovation on the world stage.”

By – Aji Nair, CEO at Mirah Hospitality

“As we approach the Union Budget 2025, the F&B sector looks forward to measures that address key challenges such as rising food inflation, operational costs, and the intricate tax structures on alcohol and aerated beverages that impact profitability. A progressive framework that fosters innovation, simplifies policies and enables sustainable growth will be pivotal for the industry’s success.

The restaurant sector specifically urges the restoration of the GST Input Tax Credit, which would significantly ease operational expenses and enhance efficiency.
Additionally, revisiting the GST notification on commercial leases under the Reverse Charge Mechanism is essential to reduce financial burdens. With these steps, the sector can focus on innovation, customer experiences, and long-term growth.”

By – Shrishti Yadav and Shubham Godara, Co-founders at SCINQ Neurocosmetics

 “We are optimistic that the 2025 Union Budget will address critical areas like streamlining the GST framework to reduce complexities, particularly for the beauty and skincare industry, where multiple tax slabs create challenges. A more uniform and industry-friendly tax structure would ease operations and lower costs, benefiting both businesses and consumers. Support for the retail and e-commerce sectors through industry-friendly policies would further encourage growth and innovation, creating a more dynamic marketplace. These steps can help Indian beauty and skincare space to reach a broader audience and contribute to the overall growth of the economy.”

By – Ricky Vasandani, Co-founder and CEO of Solitario

 “As India increasingly embraces sustainable luxury, this year’s Union Budget presents a valuable opportunity to encourage eco-conscious consumption. By fostering an environment that supports sustainable businesses and innovation, particularly in sectors like lab-grown diamonds, we can create a thriving ecosystem for luxury brands. Simplified regulations and forward-thinking policies will enable brands to flourish in an evolving market, helping India strengthen its position as a leader in environmentally responsible luxury while promoting a new era of conscious consumerism.”

Taking the number of international airports in India to 36, two new international airports are set to become operational in 2025. At present, the country has 103 domestic airports and the Union Government has granted an in-principle nod for establishing 21 Greenfield Airports across India. These include facilities at Mopa in Goa, Navi Mumbai, Shirdi, and Sindhudurg in Maharashtra, Kalaburagi, Vijayapura, Hassan, and Shivamogga in Karnataka, Dabra (Gwalior) in Madhya Pradesh, Kushinagar as well as Dholera and Rajkot in Gujarat. Expanding air travel infrastructure to Tier-II and Tier-III cities will not only improve accessibility but also encourage new air carriers to enter the market, intensifying competition and making air travel more affordable.

“We observed that almost a decade ago, India’s economic activity was largely concentrated in a few metropolitan cities. These major cities were the primary contributors to the country’s GDP, with trade and economic activities predominantly centred there. However, this trend has shifted. Growing disposable income among the middle class, rapid adoption of technology, and widespread internet penetration have had a transformative effect on the lives of people in Tier-II and Tier-III cities. As the gap between these cities and metros continues to narrow, focusing on developing airport infrastructure in smaller cities, along with the ongoing emphasis on major urban centres, is the need of the hour,” says Jaideep Mirchandani, group chairman of Sky One.

As per the draft prepared by the Airports Authority of India (AAI), the total number of airports in the country is set to nearly double to 300 by 2047, up from the current 140. This plan involves not only the construction of new airports but also the upgrade of 70 existing airstrips into fully operational airports. Among the greenfield airports planned, 12 have already been operationalized, including Durgapur, Shirdi, Sindhudurg, Pakyong, Kannur, Kalaburagi, Oravakal (Kurnool), Kushinagar, Itanagar, Mopa, Shivamogga and Rajkot.

“The benefits of new airports in Tier-II cities will significantly boost tourism and the economy. They will also help travellers explore their favourite destinations with less travel time, aligning with busy schedules. For example, consider the new Pakyong Airport in Sikkim, located just 31 km from Gangtok. Previously, travellers had to fly to Bagdogra in West Bengal and then continue by road. This new airport greatly enhances both tourism and trade in the region,” adds Mr Mirchandani and concludes, “Most importantly, the expansion of airports in Tier-II and Tier-III cities will reduce stress and congestion at major airports.

New Delhi, January 28th, 2025— The annual Luxury Residential Outlook Survey 2025 conducted by India Sotheby’s International Realty (ISIR) revealed that confidence in India’s economic growth remains strong, albeit slightly tempered. Optimism has declined from 79% in 2024 to 71% in 2025. Nevertheless, most High-Net-Worth Individuals (HNIs) and Ultra High-Net-Worth Individuals (UHNIs) believe India will continue to be the fastest-growing major economy, with GDP growth projected to hover between 6% and 6.5%.

In the real estate sector, the outlook among UHNIs and HNIs has moderated, with 62% planning to invest in the next 12–24 months compared to 71% in 2024. Despite this slight dip, the steady confidence underscores real estate’s enduring appeal as a wealth-building asset.

HNIs and UHNIs remain primarily motivated by capital appreciation, with 55% citing it as their main reason for investing in luxury residential real estate in 2025, up from 44% in 2024. Nearly half of respondents expect real estate investments to deliver returns between 12% and 18%, while 38% anticipate returns below 12%. Fewer than 15% foresee returns exceeding 18%, reflecting more realistic expectations after three years of strong gains.

Mr. Amit Goyal, MD of India Sotheby’s International Realty, said “As we look ahead to 2025, India’s luxury real estate market is primed for continued growth, though with a more cautious optimism. We believe demand for trophy and bespoke luxury assets, especially spacious farmhouses and gated community villas in hill and beach destinations will be a significant trend in the coming year. Our conviction is driven by the fact that India stands out as a frontrunner, with billionaires here experiencing a staggering 42% surge in collective wealth, now exceeding $905 billion, according to the UBS “Billionaire Ambitions Report.” Over the past decade, India’s billionaire count has more than doubled to 185, with their total wealth tripling. This solidifies India’s position as the third-largest base for billionaires globally, just behind the US and China.”

The survey also highlighted a rising interest in second and holiday homes, with 54% of respondents considering properties in hill or beach destinations. Convenience is a key factor, as 55% prefer homes within a four-hour drive, while only 20% opt for international locations. Among global markets, Dubai has overtaken London as the top choice, with US cities also gaining attention.

While financial assets like equities and commodities remain the most favored, with 54% of respondents prioritizing them, real estate continues to attract 36% of HNIs planning to allocate surplus funds over the next two years. This underscores the value of real estate as a stable, tangible asset amidst market volatility.

With interest rates expected to ease moderately, 71% of respondents anticipate gradual reductions, although 23% remain cautious, citing inflation concerns. As India’s luxury real estate market evolves to meet the needs of affluent individuals and young wealth creators, the property landscape is evolving to offer a dynamic mix of lifestyle upgrades and wealth-generation opportunities.

Mr Ashwin Chadha, CEO of India Sotheby’s International Realty, said: ” The evolution of luxury real estate in India over the past decade has been remarkable. A segment once dominated by self-built bungalows has now added high-rise luxury apartments and gated community villas by renowned developers offering world-class amenities and assured quality to the demand bouquet of the rich and famous. Today, luxury real estate is more than a status symbol; it’s a robust investment avenue.”

The number of Ultra-High-Net-Worth Individuals in India has reached 13,600 in 2024, with projections of a 50% increase by 2028. This rising affluence, coupled with the segment’s resilience as an inflation hedge and its ability to deliver long-term capital appreciation, makes luxury real estate a preferred choice for lifestyle upgrades and wealth creation. Add to this the growing influence of young wealth creators under 40, and it’s clear that luxury real estate is not just growing—it’s defining India’s property landscape.”

The activity was aimed at fostering creativity, boosting imagination, and motivating fun learning

The students of The Academy School (TAS), Pune, participated in a special event conducted to celebrate and understand art through the world of cartoons and animations. The ‘Animated Adventure’ activity was organised to boost students’ imagination, foster creativity, and motivate fun learning.

Students were excited to dress up as their favourite animated characters’ T-shirts, adding a colourful and playful vibe to the activity. Additionally, students witnessed a live skit inspired by the famous cartoon series Tom and Jerry and other cartoons. Students came dressed as their favourite cartoon characters and brought their roles to life by performing scenes from popular stories. They were engrossed in the performances, which opened up a new world of possibilities through art and entertainment.

Dr. Maithili Tambe, CEO of The Academy School (TAS), who spearheaded the initiative, said students learn best when they have fun. While learning never stops, students should not feel pressured to attain knowledge. Education can also be imparted in a fun manner. What better way to teach them art and animation than their favourite cartoons, which they can relate to and connect with?”

The activity also saw students display their creativity by painting and drawing their favourite animated characters, thereby allowing them to express themselves and polish their preferences through art.

Prime Video has unveiled the heartfelt and soul-stirring music album of its highly anticipated Original film The Mehta Boys. This album perfectly encapsulates the film’s essence, highlighting the father-son relationship through three beautifully composed tracks. Each track combines meaningful lyrics with calming melodies, creating a deep emotional connection that will resonate deeply with listeners.

Whether it’s the uplifting beats of ‘Jee Lu Main’, the emotional depth of ‘The Mother’s Song’, or the inspiring notes of ‘I’ll See You In The Morning’, each of these tracks carries a sweet and heartwarming message, their lighthearted yet deeply meaningful tunes making them perfect for moments of reflection and warmth. The Mehta Boys music album, much like the film, is a celebration of life, love, and family—told through melodies that touch the soul.

The Mehta Boys music album features an incredible lineup of talented singers, composers, and lyricists including Ankit Dayal, Jishnu Guha, Raghav Meattle, Shillong Chamber Choir, Siddharth Basrur, Gulraj Singh and Manoj Yadav who have come together to craft timeless soundtracks.

The Mehta Boys Music Album entails the following songs:

•  Jee Lu Main is composed by Jishnu Guha and Raghav Meattle, sung by Ankit Dayal and Jishnu Guha with lyrics by Raghav Meattle
• The Mother’s Song is composed by Ibarisha Lyngdoh, Keviseno Terhuja, and Riewbankit Lyndem and sung by the Shillong Chamber Choir with lyrics by Bhargav Purohit
• I’ll See You In The Morning is composed by Gulraj Singh, sung by Siddharth Basrur with lyrics by Manoj Yadav

An Irani Movietone LLP production in association with Chalkboard Entertainment LLP, The Mehta Boys marks Boman Irani’s directorial debut. Boman Irani has also co-produced the film with Danesh Irani, Vikesh Bhutani, and Shujaat Saudagar, and co-written it with Academy Award winner Alexander Dinelaris. The film features a versatile cast including Boman Irani, Avinash Tiwary, Shreya Chaudhry, and Puja Sarup in pivotal roles. The Mehta Boys is set to premiere exclusively on Prime Video on February 7, in India and over 240 countries and territories worldwide.

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