CaratLane makes a stunning statement at Cannes 2025

Mumbai, May 16, 2025CaratLane, India’s leading omni-channel jewellery brand, was delighted to have its designs featured on actor Nitanshi Goel as she walked the red carpet at the Cannes Film Festival on May 15. The rising star of Laapataa Ladies, which earned global acclaim with an Oscar nomination, chose designs from CaratLane’s newest collection, Sol, to complement her debut appearance.

The jewellery worn by Nitanshi for this special occasion added a touch of understated elegance to her look. Inspired by the brilliance of the sun, the Sol collection brings warmth, light, and modern charm—qualities that aligned seamlessly with her youthful presence and personal style.

Saumen Bhaumik, Managing Director of CaratLane, said: “Nitanshi Goel walked the Cannes red carpet wearing CaratLane jewellery, and we couldn’t have been more delighted. At CaratLane, we are deeply committed to celebrating individuality and modern Indian femininity. Nitanshi is a powerful new voice in cinema — authentic, grounded, and extraordinarily talented. Her journey from India’s heartland to the global spotlight is inspiring, and we were honoured to be part of her Cannes debut. The designs she wore celebrate everyday radiance and youthful elegance — which made this association all the more meaningful.”

This moment underscored the shared values between CaratLane and a new generation of Indian talent—where jewellery is not just about adornment, but a celebration of personal identity and creative expression.

St. Louis Men’s Group Against Cancer Hosts Pickleball Fundraiser

Proceeds from the third annual event to support cancer research, programming, and individual care. 

(St. Louis, Mo., May 16, 2025) St. Louis Men’s Group Against Cancer (STLMGAC) – a nonprofit organization that raises funds for cancer research, prevention, and care activities in the St. Louis community – will host its third annual pickleball fundraiser sponsored by Klamen Real Estate Group.

St. Louis Men's Group Against Cancer Hosts Pickleball Fundraiser

The event will be held on Sat., June 28 from 9 a.m. to 2 p.m. at Padel + Pickle located at 1220 North Price Road in Olivette. Participants can register for men’s and women’s competitive divisions, as well as men’s, women’s and mixed recreational divisions. The round robin tournament format ensures multiple matches for all teams. Tickets are $70 per person and include tournament play and a light breakfast. All proceeds will benefit local cancer initiatives supported by STLMGAC.

St. Louis Men's Group Against Cancer Hosts Pickleball Fundraiser  

Since its inception in 1969, STLMGAC has raised more than $6 million for over 40 charities serving the St. Louis cancer community. The independent nonprofit provides critical support to individuals facing a cancer diagnosis and is committed to advancing scientific research in the search for a cure.

Beneficiaries of STLMGAC include American Cancer Society, BJC Healthcare, Camp Rainbow, The Cancer Support Community, Children’s Miracle Network, Missouri Baptist Cancer Center, and Alvin J. Siteman Cancer Center.

For more information or to register, call (314) 786-5950 or visit the STLMGAC website at http://www.mensgroupagainstcancer.org.

Wadala Rises as Mumbai’s New Infrastructure and Realty Hotspot

Once considered a transit point between South Mumbai and the suburbs, Wadala has rapidly transformed into a dynamic epicenter of infrastructure and real estate development. With its strategic location, enhanced connectivity, and a surge of premium residential and commercial projects, Wadala is now recognized as one of Mumbai’s most promising investment destinations.

Wadala‘s ascent is largely attributed to significant infrastructure advancements. The integration of the Monorail, Atal Setu, and expanded metro lines have significantly improved accessibility, linking Wadala seamlessly to key business districts like Bandra Kurla Complex (BKC), Lower Parel, Fort, and Navi Mumbai. This enhanced connectivity has not only reduced commute times but has also attracted a wave of professionals and investors seeking both convenience and value.

The real estate landscape in Wadala is experiencing a renaissance, marked by the emergence of high-rise developments that redefine urban living. Many premium developers have launched landmark projects in the area, further elevating its real estate profile. Notably, Siddha Group’s “Siddha Sky” project has garnered attention for introducing Mumbai’s first rooftop skywalk, offering residents a unique blend of leisure and luxury.

Mr. Samyak Jain, Director of Siddha Group, commented on this innovation: “We are delighted with the overwhelming response to our project Siddha Sky at Wadala. Strategically located in the heart of the city, with close proximity to BKC, South Mumbai, and Lower Parel, it continues to sell at a very high pace. We’ve consistently incorporated innovations into our projects to provide customers with an enhanced lifestyle experience. The unique concept of the Rooftop Skywalk offers residents access to a one-of-a-kind architectural marvel with amenities of global standards. All these factors have made our project a great success.”

Industry experts and channel partners are equally optimistic about Wadala‘s trajectory. One prominent channel partner noted: Wadala‘s transformation is nothing short of remarkable. The convergence of infrastructure projects and premium developments has positioned it as a top choice for both investors and homebuyers. Properties here are witnessing consistent appreciation, making it a hotspot in Mumbai’s real estate landscape.”

According to local brokers, the price per square foot in and around Wadala ranges between ₹35,000 to ₹60,000. The area’s evolution from an industrial zone to a residential and commercial hub underscores its potential. As infrastructure projects near completion and more developments break ground, Wadala is poised to solidify its status as Mumbai’s premier destination for real estate investment.

Additionally, Wadala is increasingly attracting interest from South Mumbai buyers who are now looking beyond traditional locales for greater value. Thanks to transformative infrastructure projects like the Mumbai Trans-Harbour Link and the Eastern Freeway, Wadala offers seamless connectivity not just to South Mumbai, but also to Navi Mumbai. This ease of access, coupled with comparatively affordable pricing, is prompting many South Mumbai residents to consider Wadala as a viable and future-ready real estate option.

For investors and homebuyers seeking a blend of strategic location, modern amenities, and promising returns, Wadala stands out as the neighborhood to watch in 2025.

Senores Pharmaceuticals Strong Financial & Operational Performance for Q4 & FY25

Ahmedabad, Gujarat, 16th May 2025 – Senores Pharmaceuticals Limited, a global research driven pharmaceutical company engaged in developing and manufacturing specialty, niche and complex products for Regulated and Emerging Markets, announced its audited Financial Results for the 4th Quarter of FY25 ended 31st March 2025.
 
For FY25Regulated Market Revenue stood at Rs. 244.8 crs, a growth of 69% on a Y-o-Y basis. EBIDTA for Regulated Market business stood at Rs. 101.9 crs, with EBITDA Margin of 38.4%.
 
Emerging Markets Revenue stood at Rs. 121.2 crs, a growth of 174% on a Y-o-Y basis. Emerging Markets EBITDA Margin stood at 7.0% for FY25.
In the regulated markets currently, company has;
  • 22 Own commercial products
    • 61 Approved ANDA products
    • 51 Pipeline products with 28 CGT opportunity products
    • 22 CDMO/CMO commercial products
    • 69 CDMO/CMO pipeline products
For the emerging markets currently, company has;
    • 285 Approved products
    • 636 products under registration
    • Presence across more than 40 countries
Commenting on the results, Swapnil Shah, Managing Director, Senores Pharmaceuticals Limited said,
“We are pleased to report strong performance for FY25, driven by our strategy of developing niche products for Regulated Markets and expanding our CDMO/CMO operations. At the same time, we have continued to grow our presence and product portfolio in Emerging Markets. Our Total Income and Profit before Tax for FY25 have increased by 91% & 183% respectively on year-on-year basis, and we are optimistic about sustaining this momentum going forward.
 
We continued to make steady progress on our stated strategies. During the quarter, we expanded our portfolio in the Regulated Markets through acquisition of 14 ANDA’s from Dr. Reddy’s and 1 ANDA from Breckenridge Pharmaceuticals. A large part of this acquired ANDA basket has considerable government contract opportunities. Further, our CDMO/CMO segment is gaining traction and continued to scale up well. We have launched 1 new product in the CDMO/CMO segment during the quarter and have 69 products in pipeline.
 
Our shift in product portfolio and go-to-market strategies in the Emerging Markets business is beginning to give the desired results, which can be seen in the improvement in margin during the quarter. We have registered 48 new products across the Emerging Markets during Q4FY25, taking the total portfolio to 285 registered products.
Going forward, although the uncertainties due to the tariff situation in USA will have to be closely monitored, we believe we are well placed to navigate the same, given our USFDA-approved manufacturing facility in USA.
We will continue to focus on three key pillars going forward – Expansion of ANDA portfolio in Regulated Markets; Steady scale-up of CDMO/CMO segment in the Regulated Markets; and Portfolio expansion and profitability improvement in the Emerging Markets.”

Four Indian REITs Distribute Rs 1,553 Crores in Q4 FY2024-25

Mumbai, May 15, 2025: India’s four publicly listed Real Estate Investment Trusts (REITs) have collectively distributed over Rs. 1,553 crores to more than 2.64 lakh unitholders during the fourth quarter of the financial year ended March 31, 2025. This marks around 13% increase compared to Rs. 1,377 crores distributed in the same quarter of the financial year ended March 31, 2024.
 
For the full financial year 2024–25, the cumulative distribution by the four REITs reached Rs. 6,070 crores, up from Rs. 5,366 crores in FY 2023–24, reflecting a strong and consistent over 13% year-on-year growth.
 
The four listed REITs in India—Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust—continue to demonstrate resilience and long-term value creation.
 
The four listed REITs reported a Net Operating Income (NOI) of Rs. 89,100 crores in FY2025, compared to Rs. 76,626 crores in FY2024 — an increase of Rs. 12,474 crores, representing 16% year-on-year growth. Their total revenue from operations also rose by 16%, from Rs. 97,482 crores in FY2024 to Rs. 1,12,802 crores in FY2025 — an increase of Rs. 15,320 crore.
 
Commenting on the consolidated performance, Mr. Alok Aggarwal, MD & CEO of Brookfield India Real Estate Trust and Chairman of the Indian REITs Association, said, “The robust quarterly distributions and expanding investor base reflect the increasing maturity and investor confidence in India’s REIT ecosystem. A 13% year-on-year increase in distributions underscores the strength and stability of the sector, driven by high-quality assets and strong leasing activity, particularly from Global Capability Centres (GCCs) and strong domestic demand. We remain optimistic about the long-term prospects of Indian REITs amid evolving market dynamics.”
 
India’s REIT market manages gross Assets Under Management (AUM) exceeding Rs. 1.63 lakh crores, with a combined market capitalisation of over Rs 98,000 crores (as of 14 May 2025). The four REITs collectively operate more than 128.9 million square feet of Grade A office and retail real estate across India’s key urban centres.
 
Since their respective inceptions, these four REITs have distributed a cumulative total of over Rs. 22,800 crores to unitholders, highlighting their rising prominence among both institutional and retail investors.
 
The Indian REITs Association, a non-profit industry body established with the support of the Securities and Exchange Board of India (SEBI) and the Ministry of Finance, comprises all four listed REITs as founding members. The association continues to play a pivotal role in representing the interests of the sector and promoting transparency, best practices, and long-term growth.
 

Moneyboxx Finance expands Leadership team, Sandipan Thakur appointed as Head – Collections

National, 15th May 2025 – Moneyboxx Finance, a BSE-listed NBFC focused on transforming credit access for micro and small enterprises in underserved India, has appointed Sandipan Thakur as Head of Collections. In this role, he will be responsible for designing, optimizing, and executing robust collection strategies for the company’s expanding customer base across semi-urban and rural regions.
 
Sandipan brings over 23 years of experience in Debt & Receivable Management, Legal & Litigation, and Process & Operational Risk Management, having held leadership positions at Hiranandani Financial Services Pvt. Ltd., RBL Finserve Ltd., SMFG India (erstwhile Fullerton India Credit Co. Ltd.), Citi Financial, among others.
 
Welcoming him to the company, Mr. Deepak Aggarwal, Co-founder, Moneyboxx Finance, said: “We are pleased to welcome Sandipan Thakur to our leadership team. His deep domain expertise in collections strategy, litigation, and operational risk will be invaluable as we continue to strengthen our portfolio and scale sustainably. As we expand our footprint across underserved regions, his leadership will play a pivotal role in enhancing our credit quality and supporting our broader vision of empowering grassroots entrepreneurs through responsible lending.”
Commenting on his appointment, Mr. Sandipan Thakur said, “I am thrilled to join Moneyboxx Finance in their commitment to making meaningful strides in enabling financial inclusion and rural entrepreneurship. The strong mission-driven culture and the team’s focus on building impactful lending solutions is truly inspiring. I look forward to contributing to this journey by designing and implementing robust, phygital collection frameworks that not only drive efficiency but also ensure a seamless and supportive experience for our customers.”
 
This leadership addition comes amid a phase of strong business momentum on the backdrop of 56% year-on-year growth in AUM in Q3 FY25 and has built a robust footprint of 160+ branches across 12 states, reflecting sustained efforts to empowering underserved entrepreneurs in rural and semi-urban India.

Ixigo Delivers Record-Breaking Q4 and FY25 Results

Chennai, India, 15th May 2025: Le Travenues Technology Limited , India’s leading OTA for the Next Billion Users, announces its financial results (standalone and consolidated) for the quarter ended March 31, 2025 and full year FY25. The company delivered its best-ever quarterly performance across all verticals, reporting acceleration of nearly all metrics, with a 72% year-on-year (YoY) increase in revenue from operations to Rs.284.1 Cr in Q4 FY25 and a 65% YoY increase in Gross Transaction Value (GTV). The company has also posted a record 128% YoY growth in Profit After Tax & a 74% growth in Profit before share of loss of an associate, exceptional items and tax at Rs 27.2 Cr in Q4 FY25.
 
Key Performance Highlights – Q4 FY25
 
Gross Transaction Value (GTVcrossed Rs.4418.4 Cr in Q4 FY25, growing by 65% YoY. Flight & Bus GTV each grew 92% YoY while Train GTV grew 41% YoY for Q4 FY25 vs Q4 FY24. Revenue From Operations grew by 72% YoY in Q4 FY25 to Rs.284.1 Cr from Rs.164.9 Cr in Q4 FY24.  Contribution Margin (CM) increased by 69% YoY, reaching Rs.120.9 Cr in Q4 FY25EBITDA increased by 64% to Rs.30.7 Cr for Q4 FY25 as compared to the same period in the previous year. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) increased to Rs.29.1 Cr for Q4 FY25, an increase of 70% from Rs.17.1 Cr in Q4 FY24.  Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs.27.2 Cr in Q4 FY25 as compared to Rs.15.6 Cr in Q4 FY24, recording an increase of 74% on a YoY basis. Profit After Tax is at Rs.16.8 Cr in Q4 FY25 compared to Rs.7.3 Cr in Q4 FY24, recording an increase of 128% on a YoY basis.
 
Management Comments
 
Rajnish Kumar, Group Co-CEO, ixigo and Aloke Bajpai, Group CEO, stated:  “This has been our strongest quarter yet, driven by consistent quarter-on-quarter acceleration across all lines of business. Our outstanding growth in categories such as flights and buses stems from a unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to a unique captive user-base,  a tech-centric DNA, AI-driven efficiency and enhanced brand awareness — all while maintaining healthy margins. We’re also seeing operating leverage kick in as demonstrated in our robust cash flow from operations amounting to Rs. 122 crores in FY25.”
 
Saurabh Devendra Singh, Group CFO, ixigoadded: “We went public in FY25 and this has become a defining year for our trajectory. This fiscal we achieved ₹14972 crore in GTV, ₹914 crore in Operating Revenue, and delivered a 71% YoY increase in Adj. EBITDA proving that scale and financial discipline need not be mutually exclusive”
 
FY25 Snapshot: Breaking Records Across Usage & Engagement
 
From serving over 544 million travellers annually to processing refunds faster than a Bollywood movie climax, FY25 was a year of scale, speed, and firsts for ixigo. Here’s a snapshot of the milestones that defined our journey across travel categories and user touchpoints.

Sheraton Hyderabad Appoints Sourav Pal Chowdhury as Assistant Director of Food & Beverage

Hyderabad, 15th May 2025: Sheraton Hyderabad Hotel announced the appointment of Mr. Sourav Pal Chowdhury as the new Assistant Director of Food & Beverage. With a robust career spanning over 16 plus years in the hospitality industry, Sourav brings with him a wealth of experience in luxury hotel operations, food and beverage management and customer service excellence.

In his new role, Sourav will oversee the strategic and operational leadership of the hotel’s food and beverage division, which includes multiple restaurants, banqueting and ODC operations, MBOW and in-room dining services. His focus will be on elevating the food and beverage offerings, driving guest satisfaction, and optimizing service standards in line with Sheraton’s brand ethos.   

Prior to joining Sheraton Hyderabad, Mr. Chowdhury held key leadership positions with several prestigious hospitality brands including Conrad BengaluruHilton Bangalore Embassy GolfLinksMHRS Kochi & Jaipur Novotel & Ibis Bengaluru, and Hyatt Hotels, among others. He also brings unique cross-industry experience from his tenure as Unit Head at Cinepolis India Pvt. Ltd., where he managed food and cinema operations for a 10-screen multiplex based out of Bengaluru.

Throughout his career, Mr. Chowdhury has consistently demonstrated a passion for guest service, team leadership, and innovative F&B concepts. Mr. Chowdhury holds a Bachelor’s Degree in Hotel Management and Tourism from Annamalai University and has been associated with pre-opening teams, specialty dining establishments, and large-scale banquet operations.

With his expertise and people-first approach, Sourav is set to bring fresh energy and innovation to the hotel’s food and beverage landscape.

Discover Vietnam and beyond with Vietjet’s hot summer deals and baggage allowance up to 20kg

Mumbai, May 15, 2025: Vietjet is kicking off summer 2025 with an exciting promotion, offering millions of tickets from just INR11 plus taxes and fees across its India-Vietnam flight network, and other Vietnam domestic and international routes. The airline is also introducing a variety of special summer perks to enhance the travel experience.

Promotional tickets are available for booking from now until May 18, 2025, via www.vietjetair.com and the Vietjet Air mobile app. These promotional fares are valid for travel between June 1, 2025, and March 28, 2026, making them ideal for summer holidays, autumn getaways, and early 2026 trips.

To make summer travel even more convenient, the airline is offering 20kg of free checked baggage on all flights between India and Vietnam for travellers booking or modifying tickets via official Vietjet channels from now until May 31, 2025. Those flying between Vietnam and Australia will enjoy 40kg of free checked baggage. This offer is valid for travel until July 31, 2025 , perfect for summer holidays and overseas getaways.

Indian travellers can explore Vietnam’s top destinations of Hanoi, Ho Chi Minh City and coastal cities—Phu Quoc, Nha Trang, Da Nang—or venture to vibrant international destinations across the Asia-Pacific region in Australia, Northeast and Southeast Asia.

In addition to the attractive fares, Vietjet is offering a limited-edition summer travel kit, featuring must-have items including bucket hats, bandanas, luggage tags, passport covers, badges, and exclusive souvenirs. For young flyers, Vietjet’s Kid’s Combo offers a special in-flight meal paired with adorable, never-before-seen gifts.

Vietjet invites travelers to embrace the spirit of summer with unforgettable experiences—from vibrant festivals to scenic escapes and exciting urban adventures—made even better with the airline’s modern, fuel-efficient fleet, professional service, and warm, attentive crew.

Vietjet has further strengthened its presence in India by launching two new non-stop routes from Hyderabad and Bengaluru to Ho Chi Minh City, Vietnam’s bustling economic hub. With these additions, Vietjet now operates 10 direct routes between the two countries, offering a total of 78 flights per week—making it the airline with the most comprehensive India–Vietnam network. These routes connect New Delhi, Mumbai, Ahmedabad, Kochi, Hyderabad, and Bengaluru with Vietnam’s key destinations, including Ho Chi Minh City, Hanoi, and Da Nang.

A whole new world, a whole new summer – let’s Vietjet!

G Square Offers Discounts Under ‘Dream Land for Real Heroes’ Scheme

Chennai, 14 May 2025: In an effort to pay tribute to the brave hearts defending our  borders, G Square, the largest player in the plotted development space from Tamil Nadu, has announced an exclusive and flat discount of 15% to all serving and retired personnel of the armed forces. The offer applies on all its premium plots across key cities in South India.

The offer under the ‘Dream Land For Real Heroes Scheme’, can be availed by all serving and ex-servicemen of the Indian Armed Forces. This would include the Army, the Navy and the Air Force. Immediate family members (such as spouse or children) can initiate the purchase process, provided the registration is in their name. Those interested, however, will have to furnish a valid Defence Service ID proof at the time of booking.

Bala Ramajeyam, Founder and Managing Director, G Square Realtors, said, “India’s defence personnel have made great personal sacrifices and dedicated their lives to the nation. Through this ‘Dream Land For Real Heroes Scheme’, we at G Square are proud to enable them to move closer to owning a home, not just as a reward for their service, but as a meaningful investment in their family’s future. This initiative is our small way of honouring the real warriors who fight for our freedom. We hope this empowers them to invest in their dream home with pride and privilege.”

G Square has transformed the plotted development landscape in South India by offering fully developed plots with world-class amenities, clear titles, strategic locations and ready- to-construct infrastructure. Their projects are spread across key cities such as Chennai, Hyderabad, Coimbatore, Madurai, Tirunelveli, Tuticorin, Pollachi, Trichy, Hosur, Mysuru, Ballari, Dindigul, Ambur, Theni, and Udumalpet.