Archives June 2025

New Delhi, India – 09.06.2025: Roomstory.ai, India’s first AI-powered shopping assistant for all things interiors, has raised ₹3 Crores in a pre-seed round led by Rukam Sitara Fund. The company will use the raised capital to enhance its AI capabilities, launch of its website and mobile applications for a seamless digital user experience, and grow its user base while building a community of interior design enthusiasts.

“Most interior platforms force you to choose between inspiration and shopping, we eliminate that divide. Roomstory doesn’t just show you a beautiful room; it hands you the exact tools to recreate it, wherever you prefer to shop,” said Ekatva Jain, Co-founder & CEO of Roomstory.ai.

Rukam Sitara Fund’s participation reflects its belief in the potential of design-tech platforms to scale meaningfully. Known for backing visionary consumer-first brands, the fund brings strategic support along with capital to help Roomstory build its next phase of growth.

On investment Archana Jahagirdar, Founder and Managing Partner, Rukam Sitara Fund asserted “Roomstory is the kind of bold, intuitive idea we love to support, rooted in deep design expertise and powered by cutting-edge AI. Their platform unlocks massive potential in a category that has long lacked innovation. We believe Roomstory is poised to reshape how modern consumers design and shop for their homes.”

“Roomstory is tapping into a massive shift in how modern consumers discover and buy for their homes. Their AI-native approach bridges the long-standing gap between dreaming and doing.” added Aakash Anand, Founder, Bella Vita Organic.

Founded by architect-entrepreneurs and longtime friends Ekatva Jain (CEO), Sahil Lunia (Chief Design Officer), and Punit Jain (COO), Roomstory combines over a decade of design experience and 100+ completed interior projects with a tech-first approach to transform how people create and furnish their spaces. Roomstory.ai is an AI-powered platform that allows users to explore beautifully styled rooms and instantly shop every item through direct links to retail partners, offering a seamless & a Pinterest-like experience. The platform focuses on inspiration-first commerce, bridging the gap between browsing and buying in the interior design space.

Globally, the home and interior shopping category, valued at over $800 billion, is shifting toward visual-first, AI-powered discovery. In India, this trend aligns with a rapidly growing market. Research shows that the interior design sector is expected to be valued at $38.2 billion by 2027, growing at a CAGR of 30% between 2021 and 2027. When combined with the Indian furniture market, the total opportunity reaches around $76 billion. This rapid growth both in India and globally signals a clear need for bold, tech-first solutions like Roomstory.ai and reinforces the critical role of visionary entrepreneurs and a strong ecosystem in redefining the future of interior commerce.

New Delhi, 9th June 2025 – Venkateshwar International School (VIS), Sector 10, Dwarka, announced the launch of a Summer Internship Programme-VISion X – Xposure Xperience Xtrapowerment. The initiative has been designed to integrate academic learning with practical experience for students of class XI and XII. The programme witnessed an active participation of over 133 students during the summer break, helping them gain exposure to structured and established workplaces.

As part of the eligibility criteria, students could choose internships that aligned with their academic stream and subject interests. This opened the gateway for exposure to different fields such as psychology, accountancy, community services, financial engagement, media & public relations, biology, law and art & design.

The students will be given an opportunity to work in various well-regarded organisations including Fortis Hospital, Money Tree Partners, Edu TV and many more. Throughout this internship, students will develop essential workplace skills, and gain insights into the professional environment, and the benefits of mentorship that support early career exploration.

With the conclusion of VISion X, interns will receive a certificate acknowledging their participation and learning. This experience will offer a long-term value by enhancing each student’s academic and personal growth.

Dr Manisha Sharma, Principal of Venkateshwar International School, remarked, “It is imperative that education prepares students not only for examinations but also for the real-world. This internship programme enables our students to explore their interests, build skills, and make more informed choices about their futures. We believe that such early exposure to professional environments fosters confidence, adaptability and a stronger sense of purpose, qualities that are essential for success in any field.”

June 9, 2025 – Audible Inc., the leading creator and provider of premium audio storytelling, in collaboration with Broadway Video Enterprises, the global entertainment and media company, today announced the launch of the Audible Original scripted comedy podcast, Murder at the Patel Motel.

Murder at the Patel Motel is a comic Agatha Christie-style mystery written by and starring Maulik Pancholy (30 Rock), alongside co-writers Zackary Grady and Achilles Stamatelaky. The all-star production features an ensemble cast including Murray Bartlett (The White Lotus), Karan Soni (Deadpool, A Nice Indian Boy), Poorna Jagannathan (Deli Boys, Never Have I Ever), Iqbal Theba (Glee), Anna Camp (Pitch Perfect), Adam Pally (The Mindy Project), Margo Martindale (The Americans), Conrad Ricamora (Oh, Mary!), and Richard Kind (Only Murders in the Building). It is Executive Produced by Britta von Schoeler and Maulik Pancholy, and Produced by Mark Valdez.

PTI, 9 June 2025: India’s 26 major listed real estate firms sold properties valuing Rs 1.62 lakh crore last fiscal, with Godrej Properties becoming largest player clocking pre-sales of nearly Rs 30,000 crore.

DLF Ltd, the biggest real estate firm in terms of market capitalisation, is at the second position with record sale bookings of over Rs 21,000 crore during 2024-25, followed by Macrotech Developers (Lodha Group), Prestige Estates Projects and Signature Global.

According to the data compiled from investors presentations and regulatory filings, the 26 major listed real estate companies reported a combined sales bookings or pre-sales of Rs 1,61,722 crore in the last fiscal year, a more than 20 per cent increase from 2023-24.

Bulk of pre-sales (sales bookings) came from residential segment especially luxury homes, with small contribution from commercial properties.

In terms of annual sales bookings, Godrej Properties emerged as the largest listed player during last fiscal with pre-sales of Rs 29,444 crore. Its pre-sales stood at Rs 22,527 crore during 2023-24.

DLF’s sales bookings rose to Rs 21,223 crore from Rs 14,778 crore driven by strong sales in its ultra luxury housing project The Dahlias in Gurugram.

Mumbai-based Macrotech Developers Ltd reported sale bookings of Rs 17,630 crore in FY25 as against Rs 14,520 crore in the preceding year.

Bengaluru-based Prestige Estates Projects clocked sale bookings of Rs 17,023 crore last fiscal as against Rs 21,040 crore in 2023-24.

Delhi-NCR based Signature Global achieved sales bookings of Rs 10,290 crore as against Rs 7,270 crore.

There were many real estate firms which clocked annual sales between Rs 5,000 crore and Rs 10,000 crore.

Mumbai-based Aditya Birla Real Estate sold properties worth Rs 8,087 crore last fiscal, a sharp jump from Rs 3,985 crore in the preceding year.

Bengaluru-based Brigade Enterprises reported a sales bookings of Rs 7,847 crore as against Rs 6,013 crore.

Sobha Ltd’s pre-sales fell to Rs 6,277 crore from Rs 6,644 crore.

Delhi-NCR-based Max Estates sold properties worth Rs 5,321 crore last fiscal as against Rs 1,844 crore in the preceding year.

Mumbai-based Oberoi Realty sold properties worth Rs 5,281 crore in FY25.

Puravankara Ltd sales bookings declined to Rs 5,006 crore from Rs 5,914 crore.

In below Rs 5,000 crore annual pre-sales category, Delhi-based TARC Ltd sold properties worth Rs 3,722 crore as against Rs 1,612 crore in FY24.

Mumbai-based Keystone Realtors (Rustomjee) sale bookings grew to Rs 3,028 crore from Rs 2,266 crore.

Mahindra Lifespace Developers’ pre-sales rose to Rs 2,804 crore from Rs 2,328 crore. Pune based Kolte-Patil Developers Ltd sales fell marginally to Rs 2,791 crore from Rs 2,822 crore.

Sales bookings of Sunteck Realty went up to Rs 2,531 crore from Rs 1,915 crore.

Raymond Ltd sold properties worth Rs 2,310 crore last fiscal as against Rs 2,249 crore in the preceding year. Bengaluru-based Shriram Properties sales bookings fell to Rs 2,288 crore from Rs 2,362 crore.

Embassy Developments clocked sales of Rs 2,031 crore last fiscal as against Rs 1,838 crore in 2023-24.

There were many players that reported annual pre-sales below Rs 2,000 crore.

Delhi-based Ashiana Housing Ltd reported sales bookings of Rs 1,936.75 crore during the last fiscal as against Rs 1,798.22 crore in the preceding year. Ahmedabad-based Arvind Smartspaces sold properties worth Rs 1,271 crore FY25 as against Rs 1,107 crore in the preceding year.

Ajmera Realty & Infrastructure Ltd sales bookings grew to Rs 1,080 crore from Rs 1,017 crore.

Arihant SuperstructuresLtd sales bookings stood at Rs 888.7 crore as against Rs 970.6 crore. Arkade Developers’ sales bookings grew to Rs 773 crore from Rs 645 crore.

Suraj Estate Developers sold properties worth Rs 501 crore in FY25 as against Rs 483 crore in the preceding year.

Lucknow-based Eldeco Housing & Industries Ltd clocked pre-sales of Rs 337.5 crore last fiscal as against Rs 388.7 crore in the 2023-24 financial year. Sale bookings data of many listed players was not available on the stock exchanges.

Market experts attributed the strong performance of listed players to a gradual shift in consumers preference towards branded and reputed players which have better track record of executing real estate projects.

With lakhs of homebuyers still stuck in stalled housing projects, the prospective customers do not want to take risk on their investments.

Bangalore, India, June 9, 2025: Arche, the global enterprise transformation firm, today announced the inauguration of its state-of-the-art AI-first innovation and delivery centre in Bangalore, marked by a strategic collaboration with cricketing legend Kapil Dev. The partnership brings together India’s 1983 World Cup-winning captain with Arche’s mission to drive large-scale digital reinvention across global enterprises.

The engagement commenced with an exclusive leadership dinner for Arche’s executive team and global clients, followed by the formal launch of the innovation hub. Kapil Dev’s participation offered unique insights into high-stakes leadership, team building under pressure, and sustaining transformation through uncertainty, principles that directly address the challenges facing enterprises in today’s AI-driven landscape.

 “Technology will always evolve, but belief, discipline, and trust; that’s what sustains a team. Whether on a cricket field or in a boardroom, those principles don’t change,” said Kapil Dev during his address to the audience.

The collaboration draws deliberate parallels between the 1983 Cricket World Cup victory, where an unfavoured team defeated the world’s best through mindset and unity, and the digital transformation challenges enterprises face today when confronting legacy systems, cultural inertia, and rapid innovation cycles.

“Kapil’s story isn’t just about sport. It’s about belief, resilience, and creating a winning culture, traits every enterprise needs today, especially in this AI-first world where uncertainty is the norm,” said Maha, Managing Director of Arche.

Bobby, Managing Director and CEO of Arche, added: “AI, automation, and data can scale execution, but vision, belief, and culture are what scale leadership. This collaboration helped remind all of us that transformation is first and foremost a human journey.”

The newly launched Bangalore facility will focus on AI-first enterprise transformation, delivering innovation programs for Fortune 500 clients across North America, Europe, and Asia-Pacific regions. Arche’s global model combines strategic consulting, digital platforms, and organizational change management.

This engagement reflects Arche’s foundational belief that sustainable transformation requires the right mindset and leadership principles guiding technological advancement. Rather than promotional in nature, the collaboration serves as a thought leadership platform, distilling actionable insights from one of India’s most significant transformation stories.

With the launch of its Bangalore hub, Arche signals its commitment to India’s talent ecosystem, global customer partnerships, and building future-ready enterprises rooted in proven leadership values.

Mumbai, Jun 9 : Engineering solutions provider DEE Development Engineers Ltd is planning to diversify into hydrogen production as it expects good business opportunities in the sector.

DEE Development Engineers Chairman and Managing Director (CMD) Krishan Lalit Bansal said, “We have very recently put our foot in the production of some small gas/chemical plants. We have acquired a 70 per cent stake in a company called Maldives Design Ltd, which is specialised in the manufacturing of nitrogen and oxygen plants, hydrogen purification plants, and ammonia crackers.”

“So, these two plants –? hydrogen purification and ammonia cracker — are going to make significant contributions in the hydrogen sector,” he told PTI.

The hydrogen market is evolving and nobody has a fair estimate about the business opportunity in this particular segment, he said, adding, “But, going forward, since the government has enough focus on this particular segment, we foresee a good amount of business opportunities.”

That is why, the company has taken a step to move into this domain, because this also creates further opportunities in the process piping solution space when “we are entering into hydrogen”, he explained.

At present, the company provides hydrogen purification systems.

However, DEE Development Engineers is also looking for technology tie-ups for manufacturing of complete hydrogen plant, along with purification system.

The government’s National Green Hydrogen Mission aims to produce at least five million metric tonnes of green hydrogen annually by 2030, alongside an additional 125 GW of renewable energy capacity. This mission aims to decarbonise the economy, reduce reliance on fossil fuels, and establish India as a global leader in green hydrogen technology.

DEE Development Engineers Ltd, which reported a turnover of Rs 827.36 crore in 2024-25, expects it to rise it to Rs 1,300 crore in 2025-26.

New Delhi, India | 9 June 2025 — In an industry too often bogged down by outdated standards and critical quality gaps, RN Valves & Faucets has launched its G20 Collection, a powerful mix of engineering precision, modern utility, and ineffable resilience. This new line is not just another faucet range, it’s a direct statement aimed at reshaping the dominance of subpar plumbing hardware in India.

Crafted from premium PTMT I High Grade Engineering Polymers, the G20 Collection isn’t merely functional, it’s fastidious in its execution. Built to withstand extreme Indian conditions, it holds its own across temperature swings from -20°C to a scorching 120°C. That’s no small feat in a country where infrastructure often buckles under climate inconsistencies.

This collection is engineered for utility across kitchens, bathrooms, gardens, and high-usage commercial spaces. In a market flooded with showpieces that flounder under daily strain, G20 emerges as a bolstering force for real-world efficiency. Every unit has been endurance-tested for over 300,000 cycles.

India’s plumbing market has long cried out for a durable, rust-free, and hard water-resistant solution with legitimate long-term efficacy. The G20 Collection gives the Indian consumers  just that. It is designed to eliminate leaks and resist corrosion and address the chronic need for reliability in both rural and urban landscapes.

Equally important is G20 Collection’s sustainability promise. Every unit is manufactured in a very eco-conscious process that reduces environmental impact while preserving uncompromising durability. The collection also brings an aesthetic edge that most utility products don’t even attempt. With thirteen vibrant colour combinations and variants, the G20 is built to be seen and appreciated.

Speaking on the launch, Rajiv Jain, Founder of RN Faucets Pvt Ltd., said: “This isn’t just a product line. It’s a reprisal against mediocrity. We built the G20 Collection for people who’ve grown tired of ‘good enough.’ Our focus was simple: engineer something sagacious, resilient, and accessible. And we did it. We’re not here to follow trends, we’re here to jettison them.”

As infrastructure spending accelerates and the demand for long-lasting, economical bathroom solutions skyrockets, the timing of this launch is anything but coincidental. The G20 Collection isn’t an insouciant addition to the catalogue, it’s RN Valves and Faucets laudatory response to India’s evolving home and commercial hygiene needs.

Backed by a bold 5-year warranty, this isn’t just a sanitary solution, it’s a tribunal-level verdict on quality. The G20 Collection is the new benchmark, redefining efficacy and trust with every installation.

Mr. Ravi Aggarwal, Co-Founder & Managing Director, Signature Global said, “The RBI’s decisive step will play a pivotal role in driving sales across the ₹2–5 crore segment, which is fast emerging as the sweet spot for urban homebuyers. With improved affordability, greater financial confidence, and increasing preference for well-connected, premium residential offerings, we expect a strong sales surge in the coming quarters,”

 Sony SAB’s Pushpa Impossible has become much more than just a television show—it’s a journey that millions of viewers have taken alongside Pushpa and her family. With its heartfelt storytelling and grounded characters, the show has beautifully captured the dreams, struggles, and small victories of everyday people. As Pushpa Impossible completes a remarkable three-year journey, it continues to strike an emotional chord with audiences, inspiring them with stories that are as real as they are uplifting.

At the center of this beloved narrative is Karuna Pandey, who brings unmatched honesty and depth to the role of Pushpa—a single mother with resilience, wit, and an unbreakable spirit. The show’s charm is further elevated by a phenomenal ensemble cast including Anshul Trivedi (Jugal), Jayesh More (Dilip), Garima Parihar (Dipti), Darshan Gurjar (Chirag), Deshna Dugad (Rashi) , and Naveen Pandita (Ashwin) . Together, they portray a family that feels familiar—loving, imperfect, supportive, and ever-evolving. Their performances have built a strong emotional connection with viewers, making Pushpa Impossible a daily part of countless households.

What makes Pushpa Impossible stand out is its fearless approach to storytelling. From advocating for women’s education and second chances to shining a light on mental health, the show consistently raises relevant questions while keeping the drama engaging and deeply personal. As it celebrates this milestone, Pushpa Impossible invites viewers to continue this inspiring journey—one where courage meets compassion, and ordinary lives turn into extraordinary stories.

Karuna Pandey, playing the role of Pushpa:

“Even after three years, I’m constantly amazed at how deeply Pushpa continues to connect with people from all walks of life. Whether it’s a young student, a working mom, or a retired teacher—someone always comes up and says, ‘Pushpa feels like one of us.’ That relatability is the soul of this show, and I think that’s why the bond has only grown stronger. Pushpa’s journey still feels fresh, relevant, and incredibly personal—not just to me, but to every viewer who’s walked alongside her all these years.”

Janmnadas Majethia, producer of Hats Off Production:

“Pushpa Impossible has always been more than a show—it’s a reflection of real people and real lives. When we first created Pushpa’s character, we wanted to tell a story that was rooted in truth but filled with hope. Three years later, the love and connection from our audience continues to overwhelm us. It’s rare for a show to spark both emotion and empowerment in such equal measure, and I credit our incredible cast, writers, and the team at Sony SAB for keeping the soul of the story intact. Pushpa is every woman’s voice, and we’re proud to continue walking this journey with her.”

Tune in to watch Pushpa Impossible, every Monday to Saturday at 9 PM, only on Sony SAB

National, India June 9, 2025: Today, over 300 Convergint colleagues across India d their time and expertise as part of the company’s 24th annual Convergint Social Responsibility Day, joining thousands of colleagues worldwide in giving back to their local communities. In India alone, teams volunteered more than (1800) hours to support local schools and community institutions, with a strong focus on improving safety infrastructure and access to basic amenities in underserved communities.

Globally, 7488 volunteers from Convergint, a leading global systems integrator with over 220 locations worldwide, participated in this year’s initiative, working with more than 174 community organisations and 35 schools across 37 countries.

A major focus in India was the STEP (Secure, Train, Educate, Protect) Up for Schools initiative, which aims to create safer learning environments for students and educators through the donation and installation of integrated security technologies. Convergint’s India teams completed significant upgrade projects at the following institutions:

• Captain Chandan Lal Special Middle School for the Blind, Gurugram– Installed video surveillance  systems to improve campus security. The team also supported painting and landscaping work to enhance the school’s environment.
• PM SHRI School, Ulwe, Navi Mumbai– Upgraded the existing video surveillance systems with five new cameras. Donated a refrigerator, bookshelves, notice boards, and a Wi-Fi router to improve educational infrastructure.
• Government Higher Secondary School, Chennai– Installed new video surveillance systems, including installation and commissioning, to strengthen the school’s security measures.

Speaking about the initiative, Bhashkarvikram Rajkhowa, General Manager, North India, Convergint Asia Pacific, said, “The STEP Up for Schools initiative embodies our belief that every child deserves to learn in a safe and supportive environment. By partnering with schools through critical security upgrades and infrastructure support, we’re helping create inclusive spaces where students and educators can thrive. At Convergint, social responsibility isn’t just a one-day event; it’s a commitment we uphold throughout the year to drive lasting change in the communities we live and work in.”

This year’s global efforts were bolstered by support from over 30 industry partners and $639,000 in donated goods and services. In conjunction with Convergint Social Responsibility Day, the company continues its STEP Up for Schools initiative to create safer learning environments for students and educators across the globe, a critical effort supporting underserved schools by donating essential security upgrades and hands-on assistance to meet each campus’s unique safety needs. From installing new intrusion detection and video camera systems to helping with infrastructure improvements and other security and safety services, Convergint is working side by side with local partners and educators to build more secure, welcoming spaces where learning can thrive.

Since the launch of Convergint’s Social Responsibility Day in 2002, the company has dedicated one full working day annually on the first Friday in June allowing colleagues to serve their local communities.

“We are proud that today, and for nearly a quarter of a century, our colleagues and industry partners come together in just a 24-hour span as a greater force of good to give back to our communities,” said Ann Fandozzi, CEO, Convergint. “Helping address unmet needs in the communities where Convergint colleagues and their families reside, including secure, safe educational environments to foster positive experiences for the next generation, is core to our values.”

To date, more than 100+ STEP Up projects have been completed by Convergint and its partners, impacting communities globally. In India alone, 5 projects since last year have been implemented, positively impacting 2,000–2,500 individuals and community spaces across multiple states.

In India and across the globe, Convergint remains committed to delivering real-world impact through sustained, values-driven action.