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
February 24,2020

New Delhi, Feb 24: Indian Idol 11 winner is Bhatinda's Sunny Hindustani. Sunny, who mostly sang Nusrat Fateh Ali Khan's songs on the show, won the coveted trophy. The Bhatinda boy took home the Indian Idol 11 trophy along with the prize money of Rs 25 lakh, a car and a singing contract with T-Series.

Sunny's entry on the show was much-talked-about. His soul-soothing voice had mesmerised the judges on the audition day itself as he sang Afreen Afreen. He got a standing ovation and former Indian Idol 11 judge Anu Malik even said that he felt as if Nusrat Fateh Ali Khan himself was performing on the Indian Idol stage. His audition video had gone viral after Anand Mahindra shared it on social media.

On the finale night, Sunny sang a medley of songs, which included Mere Rashke Qamar and Halka Halka Suroor. Ayushmann got emotional seeing Sunny's journey on screen. He said, "Hum na actor bade self-obsessed hote hain. Humein lagta hai hamari struggle sabse achchi hai, sabse badi hai. Inke saamne toh kuch hai he nahi. Jahaan se aye hai, jitna hunar inke paas hai...mujhe lagta hai inki maa sabse ameer hain."

The first and second runner-up of the show Rohit Raut and Ankona Mukherjee got Rs 5 lakh each, while Ridham Kalyan and Adriz Ghosh who were fourth and fifth on the show, took Rs 3 lakh home. Every finalist also received Rs 1 lakh cheque from Lotus Herbals and gift hampers from the sponsors.

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News Network
July 14,2020

Los Angeles, Jul 14: US officials on Monday found the body of "Glee" actress Naya Rivera in the Californian lake where she drowned last week during a boat trip with her four-year-old son.

Rivera's body was retrieved and an initial examination found no evidence of foul play or suicide, Ventura County Sheriff Bill Ayub told a press conference.

"We are confident the body we found is that of Naya Rivera," said Ayub, pointing to the location, appearance, clothing and condition of the body.

Her body was being taken to a medical examiner's office for a full autopsy and confirmation of her identity from dental records, though no other missing persons have been reported at Lake Piru, he added.

Rivera, 33, is believed to have accidentally drowned after renting the boat with her young son at the camping and recreational hotspot around an hour's drive northwest of Los Angeles.

She vanished on Wednesday afternoon, and a massive search involving divers, patrol boats and helicopters was launched after her sleeping son was spotted drifting alone in a boat on the lake.

The son later told investigators that Rivera had helped him into the boat before "he looked back and saw her disappear under the surface of the water," said the sheriff.

Ayub pointed to the lake's strong currents as a possible cause of a fatal accident.

"The idea perhaps being that the boat started drifting -- it was unanchored -- and that she mustered enough energy to get her son back onto the boat, but not enough to save herself," he said.

The lake has been closed to the public since Wednesday, with around 100 personnel, including the US Coast Guard and rescuers from neighboring counties, joining the search.

Search teams used footage from video messaging calls Rivera made from the boat before her disappearance, as well as interviews with her son, to scour portions of the lake bed for her remains over six days, with no success.

"We believe she was concealed within some of the shrubbery on the floor bed of the lake" before eventually floating to the surface due to natural decomposition, said Ayyub.

With less than one foot (30 centimeters) of visibility underwater in daylight, the recovery operation was a "complex search effort" even with use of sonar equipment, he said.

Rivera was best known for her role as high school cheerleader Santana Lopez in "Glee."

She starred for six seasons in the wildly popular musical television series set in a US high school that ended in 2015.

The "Glee" cast has been struck by tragedy before.

Actor Mark Salling took his own life in 2018, weeks before being sentenced for possession of child pornography.

Canadian castmate Cory Monteith died in July 2013 of an overdose of drugs and alcohol.

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News Network
July 23,2020

Mumbai, Jul 22: Actor Sara Ali Khan on Wednesday treated her fans to an extremely adorable family picture from a Holi celebration during her childhood days.

"Mother, Daughter- Iggy Potter. Riot of colours with Water Slaughter. Mommy so young I almost forgot her. Gulaal we threw, off-guard we caught her. But it was healthy fun with no totter. After all she's mother dearest- the OG Fautor," the 'Simmba' star poetically captioned the adorable Holi throwback picture on Instagram.

In the picture, Sara was seen coloured in Gulaal along with her mother Amrita Singh and brother Ibrahim Ali Khan. Sara looked loveable in the childhood picture as she wore an endearing smile with her neatly tied hair in a ponytail. Mom Amrita was seen smiling along with the kids, while she held little Ibrahim as he smiled and posed for the camera.

The post on the photo-sharing platform garnered more than 6 lakh likes within an hour of being posted.

Meanwhile, on the film front, Sara Ali Khan is awaiting the release of her latest comedy-drama 'Coolie No.1' with Varun Dhawan.

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