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
January 22,2020

Patna, Jan 22: Actor Kangana Ranaut has expressedher desire to make a movie on Chandragupta, the shepherd-turned-emperor who founded the Maurya dynasty, noting that the film industry has “not done enough justice to our history”.

The national award winner was here to take part in a programme organised by the publishers of a leading Hindi daily where she performed a jig to the tunes of Bhojpuri songs along with actor-turned-politician Ravi Kishan before the duo participated in a question and answer session.  Replying to the questions posed by Kishan, who is also the BJP MP from Gorakhpur, Ranaut on Tuesday said it was her second trip to Bihar.

“The last time, I was here as a child though I have not yet got a chance to explore the state with which I feel a connect as my Yoga teacher has his roots here,” she said.

Ranaut, who won acclaim for portraying Rani Laxmibai, the valiant queen of Jhansi who took on the British during the revolt of 1857 -- in ‘Manikarnika’, when asked if she would like to be associated with a film on any historical figure from Bihar, said, “It would be Chandragupta Maurya. The film industry has not done much justice to our history”.

A self-confessed admirer of Prime Minister Narendra Modi, the 32-year-old, who has won three National Awards in the Best Actress and Best Supporting Actress categories, replied in the affirmative when asked about reports that she has turned producer and her first venture is based on the theme of Ram temple in Ayodhya.

The Himachal Pradesh-born actress, who has courted controversy for taking on well-entrenched Bollywood “insiders” like Karan Johar and Hrithik Roshan, said she has had a rebellious streak since childhood and shared an anecdote about her breaking her teacher’s stick upon being hit for chatting with a classmate in school.

When Kishan asked why she has gained so much weight, Ranaut replied it was in preparation for her upcoming biopic “Thalaivi”, based on late Tamil Nadu Chief Minister J Jayalalithaa.

The actress said her forthcoming release “Panga” is a family drama.

Ranaut said after landing in Patna, she gorged on ‘Litti Chokha’, a local delicacy.

She also regaled the audience by greeting them in Bhojpuri and repeating several commonly used phrases of the dialect after Kishan.

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News Network
January 2,2020

Jan 2: A young filmmaker was allegedly assaulted by an acquaintance during an argument over CAA-NRC in neighbouring Salt Lake City, police said on Wednesday.

The police have arrested the accused following a complaint by the filmmaker.

According to a senior police officer, the argument over the contentious Citizenship Amendment Act (CAA) and the proposed National Register of Citizens (NRC) began following a social media post by the filmmaker.

The accused allegedly went to the house of the filmmaker on Monday night and picked up an argument, which led to a scuffle.

"During the scuffle, the accused attacked the filmmaker with a knife," the senior police officer said, adding that the accused has been booked under relevant sections of the Indian Penal Code.

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Agencies
July 30,2020

Chennai, Jul 30: Filmmaker S.S. Rajamouli on Wednesday said he and his family members have tested positive for coronavirus and are currently quarantined at home.

The director, best known for his epic fantasy hit Baahubali series, said they got tested after they developed mild fever recently which subsided by itself.

“My family members and I developed a slight fever few days ago. It subsided by itself but we got tested nevertheless. The result has shown a mild COVID positive today. We have home quarantined as prescribed by the doctors (sic)” he said.

In a subsequent tweet, Rajamouli said he and his kin are asymptomatic and “feeling better”. They are, however, following all the precautions and instructions.

“Just waiting to develop antibodies so that we can donate our plasma,” he added.

Before the coronavirus-induced nationwide lockdown was announced in March, the filmmaker was working on his upcoming period action drama Rise Roar Revolt.

The Telugu film, featuring actors Ram Charan and NTR Jr in the lead, is a fictional tale based on the lives of two freedom fighters in early 20th century.

Andhra Pradesh witnessed its worst single day spike of coronavirus on Wednesday, 10,000 plus cases, as the other southern states, including Tamil Nadu and Karnataka also reported high daily numbers, although they saw a dip in the infections.

The cumulative tally of southern states — AP, Tamil Nadu, Karnataka, Telangana, Kerala and the Union Territory of Puducherry was 24,855 on Wednesday.

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