Archives May 2025

PRIME Developments Welcomes Bobby Kuramdas as Assistant Vice President Sales and Strategy

Gurugram, May 14, 2025 – PRIME Developments is pleased to announce the appointment of Mr. Bobby Kuramdas as Assistant Vice President, Sales & Strategy.

Bobby Kuramdas, Assistant Vice President, Sales & Strategy at PRIME Developments

With a distinguished career spanning nearly two decades, Mr. Kuramdas brings a unique blend of service excellence and real estate expertise to his new role. His professional journey includes esteemed organizations such as Kingfisher Airlines—widely regarded for setting benchmarks in hospitality—and Krisumi Corporation. In addition to his deep-rooted service orientation, Bobby’s proven track record in driving sales excellence, building high-performing teams, and formulating customer-first strategies will be instrumental in supporting the brand’s growth ambitions. His strategic mindset and ability to translate vision into action make him an invaluable addition to our dynamic team.

Bobby’s background reflects a strong emphasis on building meaningful partner & client relationships, elevating service standards, and ensuring that the path to achieving sales is paved with trust, transparency, and empathy. This perspective reinforces the brand philosophy of delivering more than just luxury homes—it means delivering thoughtful experiences that resonate long after the transaction. As the brand continues to grow in the Delhi NCR market, his focus will be on shaping customer journeys that reflect our belief in raising the bar for what modern homebuyers should expect.

Mr. Raghav Malhotra, Founder & Director, commented: “We are delighted to welcome Bobby to our leadership team. His deep understanding of hospitality-driven real estate and commitment to elevating customer experience make him a valuable asset to our organization. As we move into the next chapter of our growth, his presence will strengthen our ability to deliver homes that not only meet but exceed expectations.”

Mr. Bobby Kuramdas shared: It’s a privilege to join an organization that places such high value on design, detail, and the customer experience. Throughout my career, I’ve believed that great sales outcomes are the result of authentic service and a culture of trust—values that are clearly embedded here. My focus will be to build on these foundations and contribute meaningfully to the brand’s journey of creating distinctive spaces that reflect both aspiration and responsibility. I look forward to supporting the team in delivering on the brand’s promise and enhancing its standing in the real estate landscape.”

The addition of Mr. Kuramdas marks another step in the brand’s journey to bring together design, strategy, and human-centric thinking, reinforcing the commitment to help every buyer “Expect More.”

RAFFLES JAIPUR HONOURED IN CONDÉ NAST TRAVELLER’S 2025 HOT LIST

India, 14 May 2025 – Raffles Jaipur is honoured to be featured in Condé Nast Traveller’s prestigious 2025 Hot List, the brand’s definitive annual guide to the world’s most exceptional new hotels. Recognised in both the global feature “The Best New Hotels in the World: 2025 Hot List” and the regional spotlight “The Best New Hotels in Asia” this dual honour marks a defining moment for the newly opened hotel, placing it firmly on the global luxury travel map.

This dual recognition from Condé Nast Traveller is a defining moment for Raffles Jaipur,” said Binny Sebastian, General Manager.To be featured among the best new hotels in both the global and Asia editions is a proud affirmation of what this property represents—heritage, hospitality, and artistry woven together with purpose. This recognition affirms the hard work and dedication of our team, and the heartfelt vision behind the hotel’s creation. We are honoured to be part of a list that celebrates hotels not only for their luxury, but for their ability to move and inspire.”

Celebrating its 29th edition this year, the Hot List is curated by Condé Nast Traveller’s editors following a year-long global exploration to identify properties that are not only beautifully designed and exceptionally run but also deliver a deep emotional experience to their guests. Raffles Jaipur stood out for its seamless blend of regal heritage and modern-day sophistication—delivering what Condé Nast Traveller calls an experience that brings a modern-day palace to life.

Located on the serene outskirts of Jaipur, the fifty-key Raffles Jaipur draws architectural inspiration from the palaces of the region’s royal women. Guests are invited to indulge in the refined elegance of the Writers Bar, where Raffles Jaipur upholds the brand’s distinguished literary legacy. This timeless space, steeped in heritage, offers an exquisite setting for both intimate conversations and creative inspiration.

 As described by Condé Nast Traveller, the hotel “unfurls the farther you walk in, much like the secluded ladies’ quarters of yore.” The main wing is anchored around an atrium framed by towering palm trees, with live evening ragas performed by classical musicians, evoking a mood of regal serenity. In addition to these serene surroundings, guests can enjoy world-class Butler service, where every need is thoughtfully anticipated, ensuring a truly personalised stay.

In addition to being included in both the global and Asia Hot List features, Raffles Jaipur was also spotlighted in Condé Nast Traveller’s official editorial announcement of the 2025 Hot List winners, underscoring the property’s standout status in this year’s global selection of luxury openings.

“This dual recognition from Condé Nast Traveller is a defining moment for Raffles Jaipur,” said Binny Sebastian, General Manager. “To be featured among the best new hotels in both the global and Asia editions is a proud affirmation of what this property represents—heritage, hospitality, and artistry woven together with purpose. This recognition affirms the hard work and dedication of our team, and the heartfelt vision behind the hotel’s creation. We are honoured to be part of a list that celebrates hotels not only for their luxury, but for their ability to move and inspire.”

Raffles Jaipur’s inclusion in the 2025 Hot List reaffirms its place on the world stage—not just as a hotel, but as an immersive cultural journey designed to enchant, inspire, and endure. From bespoke Butler service to culinary delights and rejuvenating spa experiences, every detail at Raffles Jaipur is crafted to ensure that guests leave with lasting memories of a truly exceptional stay.

Is it in our genes? Understanding the Hidden Role of Genetics in Brain Tumours.

Dr. Chirag Panchal, Consultant- Neuro Onco Surgery, HCG Aastha Cancer Centre, Ahmedabad

By Dr. Chirag Panchal, Consultant- Neuro Onco Surgery, HCG Aastha Cancer Centre, Ahmedabad

The brain is frequently referred to as the human body’s command centre—a delicate, amazing organ that regulates everything from memory and movement to emotion and creativity.   When a serious illness, such as a brain tumour, affects this powerful system, it is more than a medical diagnosis.   It disrupts the very core of who the individual is.

Brain tumours were once regarded as random and unexplained events. However, as medical study advances, we are discovering that the causes of many brain tumours go considerably deeper, right down to our DNA.   Genetics, formerly reserved for textbooks and labs, is now critical to our knowledge of tumours, our diagnostic capabilities, and to the treatment of brain tumours.

Why should we refer to a Tumour as “Genetic”?

In clarification, not all brain tumours are inherited, or passed down through families.  The majority are not.  However, whether hereditary or not, all cancers begin with changes in the genetic composition of our cells.   Such mutations trigger tiny alterations in our DNA that impede normal cell function and result in uncontrolled growth.

Some mutations are present at birth, while others develop over time, as a result of environmental factors, lifestyle choices, or simply the natural wear and tear of aging.   In certain people, a combination of these factors creates an ideal environment for a brain tumour to grow.

In essence, genetics is about how our cells adapt and respond over time, as well as about what we inherit.

Why Genetics Matters More Than Ever

Understanding the genetics of a brain tumour is no longer only a scientific interest.It has become one of the most powerful tools in modern neuro-oncology.

When a patient is diagnosed with a brain tumour today, clinicians can consider more than just the size and location. They may look at its genetic fingerprint, which is a blueprint that predicts how the cancer will behave, how aggressive it will be, and which treatments will be most effective.

This shift has revolutionized care.  What was once a one-size-fits-all approach is being replaced by personalized medicine, which dictates treatment techniques based on the genetic characteristics of each individual tumour.

Inherited risk versus acquired Mutations.

It is crucial to differentiate between hereditary risk and acquired mutations.  Some people are born with DNA mutations that increase their likelihood of developing tumours; and these mutations could be the result of a well-known genetic disorder. While rare, they cases highlight the significance of increasing awareness, especially in families where brain tumours have appeared multiple times.

Typically, genetic changes occur across a person’s lifetime.   These are acquired rather than inherited, and can be triggered by a number of biological, lifestyle, and environmental variables.

This means that even people with no family history of brain tumours can develop them, and their tumours may contain genetic changes that affect how they respond to treatment.

The Promise of Precision Medicine

In recent years, the medical profession has adopted a more refined, targeted approach to treating cancers, including those in the brain. Precision medicine is a genetically determined approach.

Analyzing a tumour’s genetic structure enables doctors to predict its growth and spread, target specific mutations, avoid ineffective treatments, and track the tumour throughout.

Major hospitals are already incorporating molecular profiling into their cancer care routines, providing patients with previously unattainable insights.

Looking Ahead: The Future of Brain Tumour Care

Genetics will become more relevant as time passes.   Every day, new discoveries are being made about the origin of brain tumours, why they resist treatment, and how they can be prevented.   Gene editing technologies, personalized immunizations, and even drugs that “switch off” harmful genes are also being researched.

For patients, this means new hope.   It implies that access to better, more tailored treatment is no longer a pipe dream; it has become a reality. However, the future is dependent on perceptiveness. It will bank on asking the right questions, encouraging open communication, and debunking myths about genetic testing.

Brain tumours are among the most challenging medical illnesses to treat, but genetics is helping to change the script. What was once unpredictable and overwhelming is now something we can understand, manage, and treat more precisely.

Devangi Nishar Parekh, Managing Director of Aza Fashions, to Make Cannes Film Festival Debut Representing Indian Fashion on the Global Stage

 

13th May, 2025, New Delhi — Devangi Nishar Parekh, Managing Director of Aza Fashions, is set to make her debut at the Cannes Film Festival 2025 — a milestone that reflects her commitment to showcasing India’s rich fashion heritage on a global stage.

Raised in the U.S. and now based between Mumbai and Kolkata, Devangi brings a global sensibility to her work. Her understanding of fashion as a bridge between identity and culture, particularly for the Indian diaspora, continues to shape Aza Fashions as a platform that presents Indian design in a modern, globally resonant way.

As the driving force behind Aza Fashions — India’s leading multi-designer luxury retail platform — her appearance at Cannes highlights the growing global relevance of Indian craftsmanship.

Devangi Nishar Parekh

 

The Cannes red carpet, known for blending cinema with couture, has become a space where fashion meets storytelling. Devangi’s participation echoes this spirit — uniting entrepreneurial vision with a deep commitment to India’s artisanal heritage, while highlighting the country’s increasing influence in the global luxury fashion landscape.

Under her leadership, Aza has evolved into a premier destination for curated Indian designer wear, featuring over 1000 labels and shipping to more than 75 countries through Azafashions.com. Her strategic vision has helped position Indian fashion in front of a discerning global audience, spotlighting both emerging talent and established designers alike.

Speaking about her upcoming appearance, Devangi Nishar Parekh said: “Cannes represents a unique intersection of creativity, culture, and global influence — and I’m truly honored to be a part of it. As someone deeply committed to championing Indian fashion, I see this as a moment to celebrate the artistry and talent our country has to offer. It’s a proud step forward, not just for me, but for the entire design community that’s shaping India’s global fashion identity.”

Her Cannes debut is a celebration of Indian creativity, innovation, and entrepreneurship — inspiring a new generation to take Indian design to new frontiers.

Kanika Tekriwal, CEO of JetSetGo Aviation, set to Make Her Debut at Cannes Film Festival 2025

13TH May 2025, New Delhi – Kanika Tekriwal, the dynamic Co-founder and CEO of JetSetGo Aviation Services Pvt. Ltd., is set to make her highly anticipated debut at the Cannes Film Festival 2025, marking yet another milestone in her inspiring journey.

A pioneering force in India’s private aviation industry, Kanika’s journey is nothing short of extraordinary. Fueled by ambition and resilience, she founded JetSetGo at the age of 22, redefining luxury air travel in India with a tech-first, customer-centric approach. Today, JetSetGo stands as India’s leading private aviation brand, serving the country’s elite with seamless, bespoke flying experiences.

Kanika’s Cannes debut is more than a moment of personal celebration—it symbolizes the growing presence of entrepreneurial voices at global cultural platforms. In a world where innovation, leadership, and influence increasingly intersect with art and culture, her appearance at Cannes reflects the evolving narrative of the modern-day changemaker.

Kanika Tekriwal

Speaking about her Cannes debut, Kanika Tekriwal said: “Entrepreneurship, like cinema, is about the journey and telling stories that move people. To walk the red carpet at the Cannes Film Festival is more than an honour — it’s a powerful reminder that leadership and creativity go hand in hand. This moment is a celebration of how far Indian entrepreneurship has come. I hope my journey inspires others to dream without limits and lead with purpose. I’m walking not just for myself, but for every changemaker daring to carve a new path.”

The Cannes Film Festival, held annually in the French Riviera, is one of the world’s most iconic celebrations of cinema and creativity. As it continues to broaden its spotlight to include global trailblazers and thought leaders, Kanika’s presence marks a growing recognition of Indian entrepreneurs in global cultural arenas traditionally dominated by film and fashion.

CPI Inflation Eases to 3.16% in April 2025 — Lowest Since July 2019, Raising Hopes for Rate Cut

This is an 18 basis points decline in headline inflation of April, 2025 in comparison to March, 2025. However, it is the lowest year-on-year inflation after July, 2019”, said Mr. Hemant Jain, President, PHDCCI, in a press statement issued here today.

The significant softening of CPI and food inflation during the April, 2025 is mainly attributed to decline in prices of Vegetables, Pulses & Products, Fruits, Meat & fish, Personal care and Cereals, he said.

Both the rural and urban segments of the economy are witnessing softening of CPI inflation, with 2.92% and 3.36% in April 2025 in comparison to 5.43% and 4.11% respectively in April, 2024, he added.

This is expected to further give comfort to RBI to reduce interest rates, in the next bi-monthly MPC meeting, which will reduce industry debt burden, said Mr. Jain.

Going ahead, we expect food inflation to cool down further given the anticipation of a good monsoon. Further, the crude prices is expected to be range bound between US$60 to US$65 per barrel in the short to medium term further boosting private final consumption expenditure and therefore bolstering economic growth, said Mr. Jain.

Remedium Lifecare Enhances R&D and CDMO, Secures ₹182.7 Crore Export Deal

Mumbai, May 13, 2025: Remedium Lifecare Ltd. is focusing on bolstering its Contract Development and Manufacturing Organization (CDMO) services and research & development (R&D) capabilities. This initiative is part of the company’s broader plan to strengthen its global presence, particularly in the UK and Europe.

On the 8th day of the rights issue, the company received a nearl 50% subscription of the total issue size, amounting to ₹ 24.28 crores. Bids received totalled ₹ 24,27,93,851 for shares priced at ₹1 each.

 CDMO set up will mark Remedium’s transition from a trader to an integrated pharmaceutical solutions provider. While no additional manufacturing capacity is being added, this CDMO upgrade will establish a dedicated quality control and testing infrastructure, enabling the facility to serve as a hub for testing incoming raw materials and finished products.

 Mr. Adarsh Munjal, Whole Time Director of Remedium Lifecare Ltd stated: “Our focus is to build a robust foundation for CDMO and R&D services that will position Remedium to secure new contracts, drive innovation, and improve margins through backward integration. The upgraded facility will not only support testing activities but also accelerate the development of new products and intermediates for international markets.

 Key features of the upgrade include:
Installation of advanced testing equipment for inward and outward material validation Expansion of laboratory space to support R&D activities and product development pipelines
Dedicated infrastructure to facilitate CDMO-related projects for international clients Unlike regulated market facilities, the selected CDMO site is not associated with compliance requirements from regulatory bodies such as the USFDA or EU. The upgrades are therefore tailored to meet customer-specific quality standards while enabling greater flexibility in project execution.

 The facility’s enhanced capabilities are expected to improve operational efficiency and unlock new opportunities in global markets, particularly in the UK and Europe, where Remedium recently secured a ₹182.7 crore multi-year export contract with a leadingpharmaceutical distributor.Adarsh Munjal added: “This investment aligns with our long-term strategy of buildingvalue-accretive assets that drive sustainable growth. By strengthening our CDMO and R&D ecosystem, we aim to deepen client relationships, expand our global footprint, andcreate a platform for future product innovation.”Remlife Global PTE Ltd., a Singapore-based subsidiary of Remedium Lifecare, had partnered with green chemistry technology platform JiyaYu Lifesciences to replace animal-origin raw materials in Active Pharmaceutical Ingredient (API) manufacturing.

 JiyaYu will license fully developed technologies to Remlife Global, which will replacetraditional animal-derived steps with sustainable, cost-effective, and regulatory compliant bioprocesses. Remlife Global will scale up and commercialize these technologies at GMP-compliant contract manufacturing sitesThe rights issue provides the financial impetus for this phase of development, with the renunciation window running from April 30 to May 9, 2025, and the issue closing on May 14, 2025. By backing the issue, investors are contributing to a critical milestone in Remedium’s journey toward becoming a diversified pharmaceutical solutions partner in the global healthcare ecosystem.

Himadri Speciality Chemical Partners with Sicona to bring Next-Gen Anode Technology to India

May 13, 2025 | Kolkata — Himadri Speciality Chemical Ltd, a global leader in speciality chemicals and New Energy Materials, has announced an exclusive technology licensing partnership with Sicona, an Australian next-gen battery materials company. The agreement grants Himadri the rights to access, localize, and commercialize Sicona’s proprietary Silicon-Carbon (SiCx®) anode technology in India—widely regarded as one of the most promising advancements in lithium-ion battery performance globally.

A Strategic Step Toward Energy Independence and Global Leadership
This partnership comes at a pivotal moment for both India and the world. As countries seek to localize battery manufacturing and reduce reliance on concentrated supply chains, Himadri’s partnership with Sicona places India on the technological frontline of the energy transition. SiCx® is a transformational product that can be seamlessly integrated into existing lithium-ion battery anode formulations, offering a scalable and commercially viable path to significantly improved battery performance.

Unlike conventional anode materials, Sicona’s SiCx® material, when used in conjunction with traditional graphite (typically in proportions of 5–20%), significantly enhances both energy density (+20%) and charging performance (+40%). This means greater mileage per single charge for electric vehicles and rapid charging times, directly addressing two of the biggest consumer concerns in EV adoption.

By bringing this cutting-edge material science innovation to India, Himadri strengthens its position as a leading player in the global clean-tech manufacturing ecosystem, capable of contributing meaningfully to the resilience, and sustainability of the global battery supply chain.

The Company will further invest 81.48 crore in Sicona. The company in 2023 invested 58 crore acquiring 12.39 percent stake.

Mr. Anurag Choudhary, CMD & CEO, HSCL

Commenting on the partnership, Mr. Anurag Choudhary, Chairman, Managing Director & CEO of Himadri Speciality Chemical Ltd, said: “This partnership marks a turning point in the world’s advanced battery materials journey. Sicona’s SiCx® technology, when used alongside graphite, delivers two core advantages—higher energy density for longer driving range, and faster charging capability that dramatically reduces wait time for EV users.

By integrating Sicona’s technological might with Himadri’s proven operational excellence, global scale, and strategic intent, we are creating a blueprint for innovation-led clean energy leadership. This partnership not only enables India to meet domestic EV and energy storage demands, but also makes us an exporter of next-generation battery materials to the world.

We are proud to play a pivotal role in shaping a global ecosystem where India is recognized not just as a manufacturing base—but as a hub of advanced material science innovation and energy transformation.”

CEO and Co-Founder of Sicona, Christiaan Jordaan said:

“This partnership marks a transformative moment for Sicona and our SiCx® technology. It enables us to commercialize our breakthrough technology at an unprecedented speed and scale. Himadri’s world-class manufacturing capabilities and global presence make them the ideal partner for this journey. We are deeply grateful for their unwavering support to our team, our technology, and our mission.”

Under the agreement, Sicona will provide full-spectrum technical support, including access to its proprietary know-how, engineering expertise, qualification protocols, and quality systems for the establishment of SiCx® production plant. Himadri, leveraging its deep experience in scaling high-precision chemical and material operations, will drive the localization and commercialization of the technology.

Inorbit Mall Malad Welcomes UNIQLO’s Newest Mumbai Store

Mumbai, May 2025 — Inorbit Mall Malad – one of India’s leading lifestyle and retail hubs, is excited to welcome Japan’s most loved apparel brand and global fashion bestseller UNIQLO to its vibrant retail mix. The new store, launching on May 16, 2025, is UNIQLO’s fourth outlet in Mumbai and a key step in Inorbit’s ongoing journey to bring world-class fashion choices closer to its patrons.

 Located in the heart of the bustling Malad neighbourhood, Inorbit Mall has established itself as a premier destination for shopping, dining, and entertainment. With the arrival of UNIQLO, the mall further elevates its international fashion offering and reaffirms its commitment to curating distinctive, high-quality lifestyle experiences for its visitors.

 UNIQLO’s latest Mumbai store will showcase its iconic LifeWear collection – classic, versatile apparel made with attention to simplicity, quality, and durability. Spanning 8,969 sq. ft., the store will offer a complete range of essentials for men, women, children and infants, designed to enhance everyday life through comfort and style.

 As part of the launch celebrations, UNIQLO is rolling out a series of exciting promotions for shoppers. On opening day, the first 100 customers will receive a complimentary Round Mini Shoulder Bag. From April 17 to May 15, visitors can take part in the Wish Tree Activation for a chance to win their favourite LifeWear item. Additionally, between May 1 to May 15, customers can enjoy vouchers of ₹1000 off on purchases of ₹6000, redeemable during the launch weekend. To top it off, shoppers spending over ₹6000 during the opening weekend will receive a limited-edition tote bag designed by artist Aashti Miller.

 Rajneesh Mahajan, CEO, Inorbit Malls said, “Over the past 21 years, we’ve continually evolved to meet the changing needs of our community—and once again, we’re carving a path for the decades ahead. With the introduction of exciting new brands like UNIQLO and significant upgrades across the mall, we’re reaffirming our commitment to staying relevant and creating meaningful, memorable experiences for all who visit.”

With the grand opening of UNIQLO at Inorbit Mall, Malad, shoppers can look forward to an exciting blend of contemporary fashion, comfort, and functionality – all under one roof. These exclusive launch offers not only celebrate the arrival of one of the world’s most beloved apparel brands but also reflect Inorbit Mall’s continued commitment to delivering exceptional retail experiences.

 Store Details:

  • Store Name: UNIQLO Inorbit Malad
  • Opening Date: May 16, 2025
  • Store Hours: 11:00 am – 10:00 pm
  • Sales Area: Approx. 8,969 sq. ft.
  • Address: Ground Floor, Inorbit Mall, Link Road, Malad West, Mumbai, Maharashtra 400064