Shilpa Shetty joins 'gold rush'; launches jewellery firm

April 3, 2014

Mumbai, Apr 3: Bollywood actor Shilpa Shetty today launched her own gold bullion and jewellery company, which will have outlets in seven cities.

Shilpa_ShettySatyug Gold has entered into long-term contracts with gold mines all over the world and also owns two refineries in India, Shetty, who is Chairperson of the company, said.

Satyug Gold is opening seven stores in cities like Mumbai, Delhi, Jaipur, Ahmedabad, Pune, Chandigarh and Ludhiana. These outlets will feature regular collections of jewellery designed by the actress.

"We have entered into long-term contracts with gold mines from all over the world and own two licensed refineries in India. Some of the margins we make in our gold business will be passed on to our customers in the form of discounts.

"This is possible because we are a complete mine-to- refinery-to-customer set up," Shetty told reporters here.

Satyug owns 42 per cent stake in AuPtAg Refinery and 50 per cent in Royal Refinery, both located in Navi Mumbai. They have refining capacity of 18 tonne and 150 tonne per annum, respectively, she said.

On the occasion, Shetty launched 12 creatively designed evil eye charms made in 22 karat gold.

The company has also launched its own minted 24 karat (999) purity gold coins in different sizes. The coins will be apt for gifting, Shetty said.

Satyug is also launching, for a limited period and in association with the Indian Bullion & Jewellers Association (IBJA), a scheme that will offer patrons chance to purchase pure 24 karat gold at up to 37 per cent off the prevailing market rates linked to various delivery tenures.

Satyug has inked a five-year deal with the association worth Rs 25 crore as royalty payment, said IBJA President Mohit Kamboj.

Size of India's gems and jewellery industry is likely to double to Rs 5,00,000 crore by 2018 and investment demand in the form of coins and bars has a capacity to reach Rs 1,80,000 crore by 2018 from Rs 85,000 crore in FY 12.

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News Network
July 21,2020

Mumbai, Jul 21: Police have recorded statements ofthree psychiatrists and a psychotherapist as part of their probe into the death of Bollywood actor Sushant Singh Rajput last month, a senior official said on Monday.

Their "statements were recorded over the last three- four days" by the Bandra police who are probing the case, said Deputy Commissioner of Police (Zone IX) Abhishek Trimukhe.

The late actor was consulting these mental health professionals and hence their statements were recorded as part of the ongoing probe, police said.

Rajput was undergoing treatment for depression since November 2019, they said.

Rajput, 34, was found hanging in his suburban Bandra apartment on June 14 in what the police claimed was a case of suicide. In the initial investigation, the Mumbai police had found that the actor was under medication for depression.

So far, the police have recorded statements of over 36 people, including director Sanjay Leela Bhansali, Bollywood casting director Mukesh Chhabra, actress Sanjana Sanghi and Rajput's friend Sandip Singh, among others.

Rajput's friend, actor Rhea Chakraborty, has also given her statement to the police.

Filmmaker Aditya Chopra recorded his statement in connection with the case at the Versova Police Station on Saturday.

Rajput starred in films such as 'Shuddh Desi Romance', 'Raabta', 'Kedarnath' and 'Sonchiriya'. But his most prominent role came as cricketer Mahendra Singh Dhoni in the biopic, 'MS Dhoni: The Untold Story'.

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Agencies
June 7,2020

Washington D.C., Jun 7: South Korean pop band BTS and their record label Big Hit Entertainment have donated USD one million to support Black Lives Matter.

According to Variety, the donation was transferred earlier this week, with Black Lives Matter confirming receipt to the label on Friday.

"Black people all over the world are in pain at this moment from the trauma of centuries of oppression. We are moved by the generosity of BTS and allies all over the world who stand in solidarity in the fight for Black lives," the outlet quoted Kailee Scales, managing director for Black Lives Matter as saying.

The widely lauded band, earlier on Wednesday, took to Twitter to show their solidarity with the people fighting against the social injustice.

"We stand against racial discrimination. We condemn violence. You, I and we all have the right to be respected. We will stand together," the tweet read.

The pledge of the donation from the Korean boy band and its label comes during a time when people and celebrities from the industry have come forward to demonstrate their support for the black community.

Several big names from the music and acting industry also observed 'Blackout Tuesday' earlier the week as a message of solidarity in response o the death of George Floyd, an African-American man in the United States.

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News Network
April 25,2020

Mumbai, Apr 25: Actor Vidya Balan has decided to donate 1000 Personal Protective Equipment (PPE) kits to the frontline healthcare staff across India.

In a video message posted on her Facebook page, the actor announced that she is also collaborating with celebrity shout-out platform Tring to raise money for additional 1000 PPE kits.

“In the war against COVID-19 our health care professionals are like our soldiers at the border fighting for our health and freedom. Just like we equip our soldiers for the battle we must do the same with our medical staff. There is a critical shortage of PPE for our senior doctors, residents, nurses and ward boys in their daily work.

“As a result, a lot of our hospitals are not functioning at full capacity. Join me in changing this now. I am donating 1000 PPE ktis to hospital and medical staff across the country. And I am pledging to raise money for another 1000,” she said.

According to a statement issued by the actor’s team, she has joined hands with Tring to provide additional 1000 PPE kits, in association with Manish Mundra of Drishyam Films and photographer-producer Atul Kasbekar.

For donations made through Tring, Vidya will be recognising the support of every donor by sending a personal thank you video message, and a chance for a two-minute video call with her.

Vidya said each PPE kit is worth Rs 650 (all-inclusive of delivery costs and applicable taxes) and it consists of one coverall laminated and waterproof, nitrile gloves, goggles, face shields, 3-ply surgical mask and shoe covers.

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