Zee 24 Taas Reinforces Editorial Excellence with ‘Mahanagarpalikacha Ranasangram’ Election Coverage and a Legacy of Trusted Journalism

Mumbai, 16th December 2025:  As part of the Elections Mahacoverage with Maharashtra’s No. 1 Election Team, ZEE 24 Taas is airing a special election coverage, “Mahanagarpalikacha Ranasangram,” delivering continuous updates from various districts, towns, and villages.  The Mahanagar Palika elections are widely seen as a Mini-Vidhan Sabha elections, as they reflect voter sentiment and political momentum ahead of larger state-level contests. Through Mumbai Kunachi - A focused show tracking the political battle for Mumbai, Jahir Sabha, and Nivadnuk Yatra, ZEE 24 Taas shall deliver comprehensive election coverage with sharp analysis, insights, and strong on-ground reporting from across Maharashtra. 

ZEE 24 Taas has built a strong reputation for fast, reliable information grounded in on-ground reporting. With reporters positioned across Maharashtra, the channel keeps its focus on issues that shape daily life giving it a clear hyperlocal pulse. This connection with viewers is evident from the recently concluded Bihar elections, where 28% of households in Maharashtra tuned in to Zee 24 Taas during prime time, significantly outperforming competing Marathi news channels. 

 Mahanagarpalikacha Ranasangram brings this strength together, offering real-time updates, constituency-level tracking, and authentic stories captured directly from the field.

Mahanagarpalikacha Ranasangram Kamlesh Sutar, Editor, ZEE 24 Taas, added: “Our strength lies in our presence on the ground and viewers rely on us for clear, insightful analysis. ZEE 24 Taas reporters are out there from the polling booths to the narrow lanes of Maharashtra’s remotest districts capturing real voices and real stories. The trust viewers place in us comes from this commitment. ‘Mahanagarpalikacha Ranasangram’ continues our tradition of deep, district-level engagement, ensuring that the public receives news that reflects their everyday realities.”

ZEE 24 Taas will maintain its comprehensive coverage, providing verified updates, constituency insights, candidate profiles, and result analyses with unmatched speed and accuracy.

Through Mahanagarpalikacha Ranasangram, ZEE 24 Taas reinforces its promise of news that comes straight from the communities that define Maharashtra’s story.

*Source: BARC, 1900Hrs to 2300Hrs, TG: 13-21, Market: Mah / Goa 10-75L, GAMA'000, Screen: TV, Rank is based AMA'000, Channels: 7 Marathi News Channels, WK 45'2025 (14th Nov. 2025)*

Aspri Spirits Limited Files Draft Red Herring Prospectus with SEBI for Initial Public Offering

Mumbai, December 12, 2025 – Aspri Spirits Limited, a Mumbai-headquartered powerhouse in the premium alco-beverage sector, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). This strategic move highlights the company's entrenched leadership and unwavering commitment to excellence in importing, marketing, and distributing world-class spirits across India and South Asia.

The IPO comprises a fresh issue of equity shares with a face value of ₹5 each, aggregating up to ₹140 crore, alongside an offer for sale of 5,000,000 equity shares by promoters—including Jaikishan Sham Matai, Matai Jackie Sham HUF, Gautam Nandkishore Matai, Arunkumar Venkat Bangalore, Duru Matai, Kajal Matai, and Vrutika Matai—and other selling shareholders such as Parameshwari Narang, Emerald Electronics Private Limited, Pavan Narang, and Whiteline Impex Private Limited. Proceeds from the fresh issue, totaling ₹76 crore, will support the repayment or pre-payment of outstanding borrowings for the company and its subsidiaries—Vinspri Distributors Private Limited, P M Marketing Private Limited, Asdis Drinks India Private Limited, and Aspri Spirits FZE—along with ₹29 crore earmarked for investments in these subsidiaries to address their borrowings, and the balance for general corporate purposes.

Structured via the book-building process in accordance with SEBI's ICDR Regulations, the issue allocates up to 50% to Qualified Institutional Buyers (QIBs), not less than 15% to Non-Institutional Investors (NIIs), and at least 35% to Retail Individual Investors (RIIs). Aspri, in consultation with book-running lead managers Motilal Investment Advisors Private Limited and Nuvama Wealth Management Limited, may pursue a pre-IPO placement of up to ₹28 crore, which, if undertaken, would accordingly adjust the fresh issue size. Bigshare Services Private Limited serves as the registrar, with equity shares slated for listing on the BSE and NSE.

Founded in 2004, Aspri Spirits stands as India's premier alco-beverage distribution entity, distinguished by its expansive portfolio of 323 brands as of September 30, 2025—the largest in the nation by brand count. With a sophisticated, integrated approach to marketing development and distribution, Aspri serves as the trusted partner for global icons, delivering unparalleled route-to-market solutions that span all major categories, including whiskey, rum, brandy, vodka, gin, wine, beer, and tequila. This robust ecosystem underscores Aspri's pivotal role in elevating premium alco-beverages to discerning consumers, backed by enduring supplier relationships that reflect a negligible attrition rate across fiscal years 2023, 2024, 2025, and the three months ended June 30, 2025.

In a sector experiencing remarkable vitality—India's alcohol market reached a valuation of USD 200 billion in 2025, with the overall alcoholic drinks segment posting an impressive 11% compound annual growth rate from 2025 to 2033, and spirits alone surging at 6.8% to approximate USD 64 billion—Aspri's focus on luxury and premium segments positions it at the forefront of this dynamic landscape. The company commands dominant market shares, including a commanding 57% in liqueur imports, a top-three ranking in wine imports, and a top-five position in total imported beverages in fiscal 2025, complemented by its status as the largest importer of BIO wines by volume that year (Source: The Knowledge Company Report). Aspri's premium orientation shines through with an average net realization per case of ₹17,666 in fiscal 2025—far exceeding the industry average of ₹1,000 to ₹2,000—affirming its unmatched value proposition in India's thriving premium alco-beverage arena (Source: The Knowledge Company Report).

Aspri's illustrious portfolio features 323 brands from 89 suppliers across 835 stock-keeping units (SKUs) and 36 countries, encompassing timeless legacies like Whyte & Mackay and The Dalmore (Scotch whisky), Camus (cognac), Molinari (sambuca), Beluga (vodka), Black Tower (still wine), Henkell (sparkling wine), and Amarula (liqueur). Exclusive partnerships further amplify its prestige, including arrangements with Bunnahabhain, Beluga Vodka, Evan Williams Bourbon, M. Chapoutier, Mateus Rosé, Meukow Cognacs, and Zonin Wines. 

Complementing these global treasures, Aspri's proprietary lineup—such as Barrhead’s, Dos Flamos, U’Luvka, Baronet, Born West, Bush Ballad, Casa El Unico, Golden Sparrow, Monte Pacifico, and What The Fox—adds a distinctive flair, blending innovation with heritage.

Operationally, Aspri's footprint is expansive and efficient, spanning 28 states and union territories with coverage of over 17,000 outlets as of September 30, 2025. A dedicated team of 168 sales and marketing professionals, bolstered by specialized compliance units and state-of-the-art warehousing, ensures seamless execution.

The company nurtures relationships with more than 1,800 customers across institutional, retail, hospitality, and travel retail channels, including state corporations, luxury hotel chains, upscale bars and restaurants, and duty-free outlets. This multifaceted network extends beyond India to key South Asian markets like Sri Lanka, Bhutan, and Nepal, as well as the UAE, Poland, and the Maldives, showcasing Aspri's global acumen.

Financially, Aspri demonstrates resilient performance and steady expansion. Revenues from operations climbed to ₹460.6 crore in fiscal 2025, marking a solid 22% increase from ₹378.2 crore in fiscal 2024. In the June 2025 quarter, revenues reached ₹119.5 crore, with net profit at ₹9.8 crore, reflecting the company's operational prowess and market traction.

Aspri Spirits Limited's filing exemplifies its solid foundation, market dominance, and dedication to premium excellence, reinforcing its stature as a cornerstone of India's vibrant alco-beverage ecosystem.

About Aspri Spirits Limited Aspri Spirits Limited, established in 2004, is India's leading integrated marketing, development, and distribution partner for premium international alco-beverages, with an unmatched portfolio and nationwide reach.

16X y-o-y growth in orders in H2 2025 and over 53 million unique visitors: Flipkart Minutes

16X y-o-y growth in orders in H2 2025 and over 53 million unique visitors: Flipkart Minutes showcases tremendous growth with deepened reach into 30+ new cities; Gen-Z led the platform adoption while fruits and vegetables accounted for 45% of every basket

Flipkart Minutes strategically scaled its 10-minute delivery promise across more than 30 new cities in 2025, with a dramatic increase in metros, tier 1 and tier 2+ regions, accelerating service availability in cities like Chennai, Hyderabad, Pune, Kanpur, Bihar Sharif, Mohali, Rohtak, Durgapur, Hajipur, Meerut, and Arrah, among several others

Gen Z consumers in the age range of 15 to 25 years old led the platform adoption, followed by the student cohort 

Demonstrating strong customer loyalty, more than 6 lakhs customers became power users, placing a repeat order within 7 days

Fruits & vegetables remained one of the leading offerings accounting for an impressive 45% of every basket

Categories like home furnishing, home decor, premium electronics, and mobiles fueled growth in H2 as against H1 2025. Air purifiers, gold and silver coins, mobile accessories and so on registered strong traction

Creating an impactful farm-to-door network, Flipkart Minutes sourced a massive fresh produce pipeline directly from over 2000 farmers, generating sustainable income and significantly bolstering local economies 

Flipkart Minutes onboarded several national and emerging D2C brands, including Mondelez, Daawat, Suhana, Anand Sweets, Taali Foods, Bikanerwala, Biswa Bangla, Nanihaal, to name a few, providing them with critical hyperlocal visibility and an unparalleled national platform for accelerated market reach

Sustainability continued to drive operational excellence with Flipkart Minutes introducing eco-friendly green packaging, and more than 10 million orders being delivered through electric vehicles this year

Bengaluru - December 11, 2025: Flipkart’s quick commerce offering, Flipkart Minutes, concluded 2025 with an unprecedented performance, fueled by growing customer loyalty, rampant geographic expansion, and deeper engagement across high-demand categories. The platform has recorded 16X growth in orders in H2 2025 and over 53 million unique visitors this year, with Gen Z leading the platform adoption, followed by the student cohort. This was further cemented by soaring customer loyalty, with more than 6 lakhs customers placing a repeat order within 7 days. Flipkart Minutes launched operations in more than 30 new cities this year, with a strong focus on tier 2 and 3 regions, reflecting Flipkart’s vision of building a nationwide, neighbourhood-led fulfilment network that combines speed, access, and affordability.

Hemant Badri, Senior Vice President and Head of Supply Chain, Customer Experience, Re-Commerce and Minutes, Flipkart Group, said, “Flipkart Minutes is no longer just gaining momentum; it is fundamentally redefining quick commerce in India. This year, backed by Flipkart’s robust operational capabilities, we have delivered reliability at scale, earning the deep trust of our customers across the nation. We’ve witnessed phenomenal engagement, with repeat businesses confirming the critical role Minutes now plays in their lives.

Our sustained growth is fueled by a precision-engineered, technology-led supply chain and a healthy partner ecosystem that ensures we fulfill every order flawlessly. As we look ahead, our focus is unwavering: to strengthen access, diversify our assortment, and embed the Minutes experience seamlessly into the daily rhythm of every household across Bharat.”

Solidifying strategic presence across high-growth metros and thriving cities of Bharat

Flipkart Minutes strategically expanded its footprint across both India’s largest metros and high-potential tier 2 and 3 regions. The platform extended its 10-minute promise to several metros such as Chennai, Hyderabad, Kolkata, Pune, Jaipur, Ahmedabad, Lucknow, Kanpur, Patna, and Guwahati among others and continues to accelerate to ensure consumers’ needs are addressed instantly for both planned restocking and critical urgent requirements.

To meet the surging demand, Flipkart Minutes scaled-up its presence in key tier 2 and tier 3 new city corridors, including Mohali, Hajipur, Arrah, Bihar Sharif, Rohtak, Asansol, Durgapur, Panchkula, Zirakpur and Muzaffarpur, Sonipat among many more. The rapid growth is underpinned by Flipkart’s core strengths: sophisticated real-time inventory planning, a reliable last-mile network, and localised, city-specific assortment strategies. 

Fresh produce strengthened through a wide network of farmers

Fresh produce remained a powerful catalyst, driving significant adoption for Flipkart Minutes. Leveraging one of its key initiatives, Samarth Krishi, the platform collaborated and sourced fresh produce directly from over 2000 farmers, enabling a direct farm-to-home supply chain that elevated freshness and affordability. This year, fruits and vegetables were one of the leading items consistently making up an impressive 45% of every basket. Flipkart Minutes directly impacted thousands of farmers by training and enabling them to improve their yields, gain access to the national market, and hold more negotiating power. Flipkart Minutes provided customers access to fresh produce starting at ₹9, while farming communities benefitted from predictable demand, improved price realisation, and enhanced post-harvest practices. 

Daily essentials, fresh produce, and trend-led categories drive momentum

Demand across 2025 was anchored in essentials such as fruits and vegetables, beverages, dairy, snacks, and home care, which remain the backbone of daily orders. Beauty and personal care emerged as high-growth categories, driven by customers seeking immediate access to grooming and skincare products. The gems and jewellery, premium electronics, home decor, and mobiles, among other categories, delivered the strongest performance, with nearly 10X increase in demand in H2 as compared to H1 of 2025. Lifestyle and discovery-led segments also continued to expand, such as women's westerns, men's ethnic, makeup, and personal healthcare, to name a few.

Repeat orders are rising as customers build high-frequency habits

Repeat-order behaviour is emerging as a key indicator of momentum for Minutes. In leading markets such as Bengaluru, Kolkata, Mumbai, and NCR with customers placing an average of more than 5 million orders per month, signalling habit formation and deepening trust in the service model. Several stores are also showing consistent performance on orders per store, with a fast ramp-up in new clusters and a higher frequency in mature zones.

Enabling growth for regional brands and digital-first sellers

Flipkart Minutes continues to expand market access for regional and digital-first brands, which have helped scale their businesses significantly. This year, Flipkart Minutes forged strategic collaborations with over 200 digital-first brands at a national and regional level. Companies like Mondelez, Daawat, Suhana, Anand Sweets, Taali Foods, Biswa Bangla, Nanihaal, Cycle Agarbatti, Mysore Sandal Soap, among others, were brought on board to widen the regional selection for consumers across cities and help D2C brands reach a wider set of consumers through Flipkart Minutes’ strong hyper-local presence. 

Sustainability driving operational excellence

This year, Flipkart Minutes reinforced its commitment to building a sustainable ecosystem by introducing green packaging at every store level. So far, over 2 million customers have adopted and supported this initiative, which proves consumers’ belief in the vision and service model of Minutes. Additionally this year, more than 10 million deliveries were fulfilled through electric vehicles, aligning with Flipkart’s efforts towards reducing carbon footprint and building a more responsible and resilient industry.

Technology-led and consumer-focused efforts to enhance convenience and build loyalty

Flipkart Minutes’ performance is anchored in the technological and operational capabilities of the Flipkart Group. The service leverages AI-driven demand forecasting, real-time inventory synchronisation, automated dark-store operations and intelligent routing, enabling accurate fulfilment and consistent delivery timelines even during peak hours. The smartphone exchange programme, offering real-time valuation and doorstep pickup, remains a differentiated capability for high-value purchases, thereby redefining the convenience of online shopping.

In 2025, the rising demand for quick commerce underscores its role as an integral part of modern households’ shopping experience in India. As adoption broadens across cities, Flipkart Minutes continues to build on Flipkart’s operational and technology strengths, delivering the value, quality, speed, and convenience that customers expect in their daily routines.

About the Flipkart Group 

The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip and super.money.

Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart's marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has created thousands of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI. These customer-centric innovations focus on enhancing digital payment offerings for all customers while making online shopping more accessible and affordable for millions of Indians.

For more information, please write to media@flipkart.com

KSH International Limited’s Initial Public Offering to open on Tuesday, December 16, 2025, price band set at Rs 365 – Rs 384 per Equity Share

Price band of Rs 365 – Rs 384 per Equity Share bearing face value of Rs 5 each (“Equity Shares”)

Bid/Offer Opening Date – Tuesday, December 16, 2025 and Bid/Offer Closing Date – Thursday, December 18, 2025.

Minimum Bid Lot is 39 Equity Shares and in multiples of 39 Equity Shares thereafter

Mumbai, December 11, 2025: KSH International Ltd has fixed the price band of Rs 365 /- to Rs 384 /- per Equity Share of face value ₹ 5/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Issue”) of the Company will open on Tuesday, December 16, 2025, for subscription and close on Thursday, December 18, 2025.

Investors can bid for a minimum of 39 Equity Shares and in multiples of 39 Equity Shares thereafter.

The IPO is a fresh issue of Rs 420 crore and an offer-for-sale for up to Rs 290 crore by promoters - Kushal Subbayya Hegde, Pushpa Kushal Hegde, Rajesh Kushal Hegde and Rohit Kushal Hegde.

The Company is the third largest manufacturer of magnet winding wires in India in terms of production capacity in Fiscal 2025 (source - CARE Report). 

It is also the largest exporter of magnet winding wires from India in terms of export revenues in Fiscal 2025 (source - CARE Report). The Company commenced its operations in 1981 by manufacturing magnet winding wires in Taloja, Raigad, Maharashtra, and over the last four decades it has diversified its operations to include manufacturing various types of standard and specialized magnet winding wires, which are tailored to customer specific requirements. 

Its key products include round enamelled copper/ aluminium magnet winding wires, paper insulted rectangular copper/ aluminium magnet winding wires, continuously transposed conductors, rectangular enamelled copper/ aluminium magnet winding wires and bunched paper insulated copper magnet winding wires. The Company’s products are critical components of capital goods like transformers, motors, alternators and generators. 

The Company markets and sells its products through its brand ‘KSH’. Its products are also used in Extra High Voltage Transformers (HVDC, 765Kv), Wind Mill Generators, Locomotive Transformers, Electric Vehicle Traction Motors and Compressors for Air Conditioning and Refrigeration. 

The Company had 122, 117 and 117 customers during financial years ended March 31, 2025, March 31, 2024, and March 31, 2023, respectively. Further, during the three-month period ended June 30, 2025, it invoiced 93 customers. The Company’s key customers are primarily OEMs, and include, Bharat Bijlee Limited, Bharat Heavy Electricals Limited, Georgia Transformer Corporation, Hitachi Energy India Limited, Siemens Energy India Limited and GE Vernova T&D India Limited.

It is an approved supplier of insulated rectangular wires and CTC for certain entities, used in high voltage direct current (HVDC), 765 kV extra high voltage (EHV) transformers and reactors.

The Company’s revenue from operations was Rs 5,587.1 million during June 2025 quarter and its net profit was Rs 226 million. The Company’s revenue from operations was Rs 19,282.9 million during FY 25 vis-à-vis Rs 10,494.60 million during FY 23.

The Company’s net profit was Rs 679.88 million during FY25 vis-à-vis Rs 266.13 million during FY23.

Nuvama Wealth Management Limited and ICICI Securities Limited are the book-running lead managers to the Offer and MUFG Intime India Limited (formerly Link Intime India Private Limited) is the registrar of the offer.

The Offer is being made through the book-building process, wherein not more than 50% of the Offer shall be to Qualified Institutional Buyers, of which upto 60% shall be allocated to the Anchor Investors, and not more than 15% and 35% of the Offer shall be allocated to Non-Institutional Investors and Retail Individual Investors, respectively. 

KSH International Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus (RHP) dated December 10, 2025, with the Registrar of Companies, Maharashtra at Pune and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange Limited of India. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLMs i.e. Nuvama Wealth Management Limited at www.nuvama.com and ICICI Securities Limited at www.icicisecurities.com, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at www.kshinternational.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 28 of the RHP. Potential investors should not rely on the Draft Red Herring Prospectus dated May 22, 2025 for making any investment decision but should only rely on the information included in the Red Herring Prospectus (RHP) filed by the Company.

The Equity Shares offered in the Offer have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act (“Regulation S”).

Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the offer documents and this does not constitute approval of either the Offer or the specified securities stated in the Offer Documents. The investors are advised to refer to page 400 of the RHP for the full text of the disclaimer clause of SEBI.

Disclaimer Clause of BSE (the Designated Stock Exchange): It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the RHP. 

The investors are advised to refer to the page 402 of the RHP for the full text of the disclaimer clause of BSE.

Disclaimer Clause of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to page 402 of the RHP for the full text of the disclaimer clause of NSE.

Maharashtra’s Political Mood Captured in Landmark Survey; Zee 24 Taas to Broadcast Findings with Full Panel on 5th December at 7PM

Mumbai, 5th December 2025: Zee 24 Taas, in partnership with Jubilant Data Studio, has completed one of Maharashtra’s most extensive statewide surveys to mark the first anniversary of the Devendra Fadnavis–led government. The survey reached 89,812 respondents, covering major cities including Mumbai, Pune, Nagpur and Chhatrapati Sambhajinagar, as well as semi-urban and rural areas across Konkan, Western Maharashtra, Marathwada, Vidarbha and North Maharashtra. It also captured sentiment from fast-growing nagar parishads with populations between 15,000 and 40,000, alongside talukas chosen for a balanced mix of urban-adjacent and agricultural regions.

The study combined 67,158 mobile-based AI voice responses with 22,654 face-to-face interviews conducted by trained field teams across four metropolitan cities, eighteen districts, thirty-seven nagar parishads and forty-eight talukas.This approach ensured both breadth and depth, creating a representative and comprehensive assessment of citizen sentiment on government performance at the end of its first year, delivery on key priorities, regional variations in expectations, coordination between administrative and political stakeholders, and the challenges shaping public perception.

Together, these insights offer a balanced, data-driven understanding of Maharashtra’s political mood, the government’s key achievements, and the priorities voters view as most pressing going forward.

The complete findings will be presented on Zee 24 Taas on 5 December from 7 PM onwards. The broadcast will feature an in-studio discussion with representatives from all three ruling parties, opposition leaders, and well-known experts and analysts, providing an in-depth, balanced, and high-energy conversation that interprets the survey results and explores their implications for governance in Maharashtra.

Kamlesh Sutar, Editor, Zee 24 Taas, said, “This survey represents a landmark effort to capture the voice of Maharashtra’s citizens across cities, semi-urban areas, and rural regions. With nearly ninety thousand respondents and a rigorous methodology, it provides an authoritative and nuanced view of the state’s governance landscape. Viewers will gain insights into public sentiment, regional priorities, and the challenges facing the government, making this broadcast an essential moment to understand Maharashtra today.”

***

Shobhaa De Inaugurates Viveek Sharma’s New Solo Exhibition ‘Sacred Gestures’ at Jehangir Art Gallery

Zen Crafart unveils a powerful reimagining of femininity in Mumbai from December 2–8, 2025

Mumbai, India | December 2, 2025 - Zen Crafart a young and committed art company in India, proudly announces the opening of SACRED GESTURES, a striking solo exhibition by acclaimed contemporary artist Viveek Sharma, inaugurated today by renowned novelist, author and columnist Shobhaa De at Jehangir Art Gallery, Kala Ghoda, Mumbai.

The exhibition will run from 2–8 December 2025, daily from 11:00 AM to 7:00 PM. The Mumbai showcase follows the successful completion of Sharma’s New Delhi exhibition Silence Please, which received exceptional appreciation from art patrons, collectors and cultural influencers. With this exhibition Zen Crafart, further marks an important moment in its commitment to showcasing powerful voices shaping India’s artistic landscape.

Sacred Gestures presents a visually compelling body of work that redefines femininity through a dynamic blend of traditional references and contemporary visual language. Drawing from Lavani-inspired movement, divine feminine symbolism, and iconic motifs from popular culture, Sharma creates vivid, emotionally charged works marked by his signature dramatic lighting, saturated hues, and meticulous detail. The exhibition celebrates realism, rhythm, sensuality, mythology, and the enduring force of feminine energy.

Speaking at the opening, Chief Guest of the event- Ms. Shobhaa De, shares her admiration for Viveek Sharma’s artistic evolution, she adds: “Viveek’s artistic journey is one I have followed with admiration for many years. His new body of work, Sacred Gestures, honours the feminine with a tenderness and strength that deeply resonates with me. Viveek’s women are not mere subjects — they are powerful presences, embodiments of resilience, grace, and inner fire. As someone who has long championed women’s voices and empowerment, I find his portrayal a powerful testament to his maturity and intuition. Each work resonates with emotion, discipline, and quiet strength. It is a joy and a privilege to support an artist whose voice continues to deepen and inspire.”

Artist Viveek Sharma continues to push the boundaries of contemporary Indian art, bringing together emotion, form, and storytelling with remarkable mastery. Sharing his excitement, Rashmin Majithia, Partner at Zen Crafart LLP, says: “For many years, the Zen Group has been my family’s way of giving back to society through creative and cultural initiatives such as Coconut Media Box, Zen Music and Zen Opus. ZenCrafart’s association with Viveek Sharma has been since quite some time and a meaningful one, and we have had the privilege of supporting his artistic journey over the years. After a successful presentation of Silence Please at Delhi, we are really excited to bring this show for our Mumbai audiences . 

According to a 2023–24 report, modern artists continue to dominate sales, while the pre-modern and contemporary segments are witnessing significant growth at approximately 31.5 percent and 31.8 percent. Rising interest in mid-career and emerging artists indicates a maturing market that balances legacy and innovation. The price bracket between ₹5 lakh and ₹25 lakh remains the fastest-growing collector segment, signalling expanded participation and increased confidence.

Commenting on this shift, Majithia explains, “The Indian art market continues to mature, supported by cultural significance, consistent price performance, and growing collector confidence. Younger collectors, design-forward buyers, corporate patrons, and premium gifting audiences are bringing fresh energy, driving demand for sculptures, installations, and limited editions. The market is evolving into a more diverse and immersive space.”

About Zen Crafart

Zen Crafart LLP is a progressive art promotion platform dedicated to elevating Indian visual culture. Founded on Rashmin Majithia’s long-standing commitment to the arts, the organisation supports both emerging and established artists by offering visibility, patronage, and meaningful engagement across India’s cultural landscape.

About Viveek Sharma

Viveek Sharma’s practice explores the emotional, social and philosophical dimensions of contemporary Indian life. His narratives—deeply rooted in the modern urban experience—address themes of identity, duality, belonging, and cultural transition. Recognised for his dramatic lighting, narrative depth, and painterly precision, Sharma stands as a significant voice in Indian contemporary art.

HP India expands Laser M300 Series with high-speed, auto-duplex printers for Indian businesses

News Highlights:

New models built for SMBs, print shops, and fast-growing enterprises, combining performance and reliability for everyday business needs.

Sleek all-white design debuts HP’s first separate drum and toner system, delivering up to 10,000 pages with 33 ppm auto-duplex printing for faster, more efficient performance at lower costs.

New Delhi, 26 November 2025 - HP India today announced the expansion of its Laser M300 Series with three new models - HP Laser 335dn, Laser 335dw, and MFP 355sdnw. The new auto-duplex printers strengthen M300 monochrome laser portfolio for India’s fast-growing SMB, enterprise, and print shop segments. Designed for high-volume, high-performance printing, the new range delivers faster output, lowers operating costs, and increases efficiency. It also features 20% recycled plastic for a sustainable design, addressing the evolving needs of India’s agile and cost-conscious businesses. 

The new models deliver high-quality laser printing with sharp text and bold detailing, along with enhanced speed and reliability for high-volume businesses in India. Featuring a compact, energy-efficient design, these devices handle demanding workloads and can deliver up to 33 ppm with automatic duplex printing effortlessly. 

The lineup introduces HP’s first separate drum and toner system for the A4 commercial channel, reducing replacement costs and extending device life. The HP Laser 335dw and MFP 355sdnw also enable mobile printing via the HP App. It also includes a single-function, network-ready model (HP Laser 335dn) for connected business environments.

“The expansion of our Laser M300 Series underscores HP’s commitment to print innovation that empowers Indian businesses with technology that delivers performance, reliability, and uncompromising quality,” said Satish Kumar, Senior Director Print Category, HP India. “These new models bring faster speeds, higher efficiency, and sustainable design to support SMBs, print shops, and enterprises as they adapt to new ways of working and stay competitive in a fast evolving, connected world,” he added.

Enhanced Productivity 

Print speeds up to 33 ppm (A4) with automatic duplex printing across all modelsPrint speeds up to 33 ppm (A4) with automatic duplex printing across all models

First-page-out in just 8.5 seconds for quick turnaround

600 MHz processor and 256 MB memory ensure smooth, reliable workflows

40-sheet ADF on the MFP 355sdnw simplifies multi-page scanning and copying

250-sheets input tray plus multipurpose tray for high-volume tasks

Smart Efficiency, Built for value

Auto-duplex printing cuts paper use and operational costs

High-yield HP 181A/181X toners (up to 3,000 pages) lower cost per page and HP 181A imaging drum (up to 10,000 pages) reduce cost per page and downtime across all models

Compact, space-saving design ideal for small offices and print shops

USB, Ethernet, and wireless connectivity for flexible setup

Simple installation and seamless software compatibility for everyday ease

Sustainable and Energy-Efficient Design

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Availability and Pricing (on HP eStore)

HP Laser 335dn is priced at INR 24,000 on HP eStore

HP Laser 335dw is priced at INR 25,500 on HP eStore

HP Laser MFP 355sdnw is priced at INR 37,875 on HP eStore

About HP 

HP Inc. (NYSE:HPQ) is a global technology leader redefining the Future of Work. Operating in more than 180 countries, HP delivers innovative and AI-powered devices, software, services and subscriptions that drive business growth and professional fulfillment. For more information, please visit: HP.com 

ICICI Prudential Asset Management Company Limited gets final Sebi nod for IPO

Mumbai-based ICICI Prudential Asset Management Company Ltd has received final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

 

The Company had filed its IPO papers with Sebi on 8 July, 2025.

 

The IPO consists of an offer for sale by promoter - Prudential Corporation Holdings.

 

As on the date of the RHP, the issued, subscribed and paid-up share capital of the Company is 17,652,090 shares of Rs 1. Post completion of the proposed bonus issuance, the issued, subscribed and paid-up Equity Share capital of our Company shall increase from 176,520,900 Equity Shares of face value of ₹ 1 each to 494,258,520 Equity Shares of face value of ₹ 1 each.

Subsequent to the proposed bonus issuance, if undertaken, the number of Offered Shares by Prudential Corporation Holdings shall be up to 49,425,852 Equity Shares of face value of ₹ 1 each.

 

ICICI Prudential AMC is a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, operating since 1998. The company is the largest asset management company in India in terms of active mutual fund quarterly average assets under management (QAAUM) with a market share of 13.3% as of March 31, 2025 (Source: CRISIL Report). As of March 31, 2025, the company’s total mutual fund QAAUM was to ₹ 8,79,410 crore. 

 

As of March 31, 2025, the company had the highest market share of equity and equity- oriented schemes QAAUM, of 13.4% across asset management companies in India (Source: CRISIL Report). Its equity-oriented hybrid schemes also had the largest market share in India, as of March 31, 2025, 2024 and 2023 (Source: CRISIL Report). 

 

As of March 31, 2025, the company had the highest market share of equity- oriented hybrid schemes QAAUM, of 25.3% across the mutual fund industry (Source: CRISIL Report). As of March 31, 2025, its mutual fund monthly average asset under management (MAAUM) attributable to individual investors (comprising retail investors and high-net-worth individuals) (Individual Investors) was ₹ 5,65,820 crore. 

 

This represented the highest Individual Investor MAAUM in the Indian mutual fund industry with a market share of 13.8% (Source: CRISIL Report). In addition to its mutual fund business, the company also has a growing alternates business comprising portfolio management services (PMS), management of alternative investment funds (AIFs) and advisory services to offshore clients (PMS, AIF and advisory, collectively Alternates). 

 

The company’s revenue from operations was Rs 4,977.3 crore during FY 25 vis-à-vis Rs 2, 837.4 crore during FY 23. The company’s net profit was Rs 2,650.6 crore during FY 25 vis-à-vis Rs 1,515.8 crore during FY 23.

 

 

ICICI Securities, Citigroup Global Markets India, Morgan Stanley India Company, BofA Securities India, Axis Capital, CLSA India, IIFL Capital Services, Kotak Mahindra Capital Company, Nomura Financial Advisory and Securities (India), SBI Capital Markets, Goldman Sachs (India) Securities, Avendus Capital, BNP Paribas, HDFC Bank, JM Financial, Motilal Investment Advisors, Nuvama Wealth Management and UBS Securities India are the book-running lead manager; and KFin Technologies Limited is the registrar of the offer.

New Delhi–based MV Electrosystems files DRHP for IPO

The IPO is complete fresh issue aggregating to ₹ 2,900 million

Madhuri Madhusudan Kela, wife of ace investor Madhusudan Kela, has a 5.6% stake in the company

  

New Delhi–based MV Electrosystems has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO).

The offer, with a face value of Rs 5 per equity share, consists of a fresh issue of up to ₹ 2,900 million.

Madhuri Madhusudan Kela, wife of well-known investor Madhusudan Kela, has 11,50,000 shares or 5.6% stake in the company as on the date of the Draft Red Herring Prospectus.

The proceeds from its fresh issue worth ₹1800 million will be for funding long-term working capital requirements of the company, ₹ 210 million for investment in research, design and development activities for new power electronic equipment, and general corporate purposes.

The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with up to 75% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and at least 10% for Retail Individual Investors (RIIs).

Incorporated in 2009, the company is a technology-driven company engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock including IGBT-based 3-phase drive propulsion equipment for electric locomotives, switchgear panels for railway coaches and EMU’s, cable protection and management products and electrical components, systems & sub-systems. 

With a focus on indigenous innovation and sustainable rail transportation, the company is aligned with national and global goals for self-dependence, rail electrification and decarbonization. On September 15, 2025, the company has received approval from CLW, Indian Railways for its in-house designed and developed IGBT-based 3-phase drive propulsion equipment (3-phase propulsion equipment) which includes traction converter-inverter system, auxiliary converter, vehicle control units / train control management system and driver display units - all designed and developed by the company indigenously to meet international safety and performance standards. 

Its vehicle control unit is developed on high performance microprocessor-based modular systems that provide complete traction and propulsion control of the entire locomotive hauled train with continuous monitoring and extensive fault diagnostics. The company is now a part of the ongoing transformation in India’s rail infrastructure, driven by the government of India’s focus on 100% electrification of broad-gauge routes, make-in-India procurement mandates, and the expansion of railway network, including introduction of high-speed trains. 

The in-house design & development of 3-phase propulsion equipment for 6,000 HP Locomotive is a key achievement of the company and it will lead the way for it to create various other energy efficient railway power conversion systems. 

The company has also entered into a business cooperation agreement with PNC Technologies Co Ltd., South Korea for a period of three years to collaborate exclusively for manufacturing, supply and distribution of auto fault locator system for 25 KV rail over-head electrification lines across the country. This marks the company’s entry into the rail electrical infrastructure products.

The company’s assembling-cum-manufacturing facilities are based in village Baghola, Palwal, Haryana (unit 1) and its operations are supported by the dedicated in-house research, design and development centre based at Faridabad, Haryana, with a team focused on developing energy-efficient propulsion technologies, lightweight systems, and advanced digital control platform.

The company has the following certifications - 

IRIS (International Railway Industry Standard) based on ISO /TS 22163:2017 

• ISO 45001:2018 

• ISO 14001:2015 

• ISO 9001:2015

The company has an outstanding order book of ₹ 2,075.16 million (excluding GST) with the Indian railways. 

The company’s revenue from operations was ₹ 172.93 million during the four months ended 31 July, 2025.

The company’s revenue from operations was ₹ 626.37 million during FY25 vis-à-vis ₹ 499.57 million during FY24.

Its net profit was ₹ 14.03 million during FY25 vis – a – vis ₹ 5.57 million during FY24.

Sundae Capital Advisors Private Limited is the book-running lead managers and Kfin Technologies Limited is the registrar of the issue. The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.

Indian Missions help to rescue 269 Indian Nationals Trapped in Cyber Fraud Centres

New Delhi/Mumbai, 20th November, 2025– The Government of India’s efforts to secure the release and repatriation of Indians trapped in cybercrime-linked fraud centers in Southeast Asia are continuing steadily. With the support of the Indian Embassy in Bangkok and the Consulate General of India in Chiang Mai, two special Indian Air Force flights on 18th November facilitated the return of 269 Indian citizens, including 11 women, from Mae Sot, a border town in Thailand.

This operation was carried out through close coordination between Indian missions in Thailand and Myanmar and various agencies of the Thai government. In a post on social media platform ‘X’, the Indian Embassy said, “Today, Indian Embassy in Bangkok and Consulate General of India in Chiangmai in coordination with various agencies of the Royal Thai Government and administration of Tak Province of Thailand, facilitated repatriation of 269 Indian nationals including 11 women through Mae Sot, Thailand by two special flights operated by the Indian Air Force (IAF). These Indian nationals were allegedly involved in scam-centres in Myawaddy, Myanmar, and were released after a recent raid on scam compounds in Myanmar.”

Indian embassies in Thailand and Myanmar are working closely with both governments to bring back Indian nationals caught in the grip of numerous fraud centers operating in Myanmar. Over the past year, Indian missions in Southeast Asia have successfully repatriated more than 1,300 Indians trapped in cyber fraud schemes. This includes the return of 270 citizens earlier this month, in addition to the latest group.

The Indian Embassy in Bangkok further advised, “Indian nationals are strongly advised to verify the credentials of foreign employers, and check the antecedents of recruiting agents and companies before taking up job offers overseas. Further, visa free entry into Thailand for Indian passport holders is meant for tourism and short business purposes only, and should not be misused for taking up employment in Thailand.”