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Shilpa Shetty joins 'gold rush'; launches jewellery firm

[email protected] (PTI)
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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Agencies
August 4,2020

Mumbai,  Aug 4: BJP leader Narayan Rane on Tuesday claimed that Sushant Singh Rajput did not "commit suicide" and alleged that the actor was murdered.

He also alleged that the Maharashtra government is trying to save someone.

Addressing a press conference here, Rane said: "Sushant Singh Rajput did not commit suicide. He was murdered. Maharashtra government is trying to save someone. It is not paying attention to the case."

Meanwhile, the Bihar government sent a recommendation for the Central Bureau of Investigation (CBI) inquiry in the case filed by Rajput's father KK Singh in Patna.

"The State Government has sent a recommendation for CBI inquiry in the case filed by Late Shri Sushant Singh Rajput's father, Shri KK Singh, related to the death of Late Sushant Singh Rajput in Patna," Chief Minister Nitish Kumar tweeted.

Earlier, KK Singh had revealed that he had filed a complaint with Mumbai police in February claiming his son's life was in danger. The revelation came as he filed an FIR with Patna police, alleging Mumbai police of inaction even after 40 days of the actor's sudden death.

In a self-made video, Singh alleged that the accused in the actor's death case is on the loose and Patna Police should be provided with help.

"On February 25, I informed Bandra Police that the life of my son Sushant is in danger. He died on June 14 and I asked them to act against people named in my Feb 25 complaint. 

No action has been taken even 40 days after his death. So, I filed FIR in Patna. Patna Police swung into action. But the accused is running away(on the loose). Patna Police should be given help. I thank Chief Minister Nitish Kumar and his colleague Sanjay Jha who gave support to the truth in this hour of grief," he said.

After the actor's demise on June 14, he asked the police to take action against the people named in the complaint given by him on February 25, said Singh, adding that no action has been taken.

An FIR was filed by Patna Police against actor Rhea Chakraborty in the Rajput's death case under several sections of the Indian Penal Code (IPC) including abetment of suicide. Bihar Police started the investigation and dispatched a team to Mumbai.

Earlier, Maharashtra Home Minister Anil Deshmukh condemned the demand for Sushant Singh Rajput's death case to be handed over to the CBI.

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Agencies
July 30,2020

New Delhi, Jul 30: On his 47th birthday on Thursday, actor Sonu Sood announced three lakh jobs for migrant labourers on the job portal 'Pravasi Rojgar' that he had launched earlier this month.

The 'Dabangg' actor who has launched several initiatives for helping migrant labourers of the country made the announcement about the additional three lakh jobs on his Instagram account.

Sood posted two flyers of the employment application and shared that the jobs came with additional benefits like PF and ESI.

"On my birthday a small initiative from my side...3 lakh jobs tied up for Pravasirojgar.com. All these will provide good wages, PF, ESI, and other benefits," he wrote in the caption.

He further went on to thank the organisations that had partnered with him for the initiative.
"Thank you AEPC, CITI, Trident, Quesscorp, Amazon, Sodex, Urban Co, Portea, and all others for creating these opportunities with me. #AbIndiaBanegaKamyaab @pravasirojgar," he wrote.

Hailed as the 'messiah' of migrant labourers, Sood has helped hundreds of thousands of migrants to reach their native places amid the coronavirus induced lockdown when many like them were walking back to their homes.

Besides labourers, he has also helped students and other people stranded in different parts of the country amid the lockdown. 

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News Network
June 19,2020

Mumbai, Jun 19: Actor Sushant Singh Rajput’s memories will continue to be celebrated as Instagram has memorialised his account, adding “remembering” to his bio.

Rajput, 34, known for films like "Kai Po Che!", "MS Dhoni: The Untold Story", "Chhichhore", was found dead in his Bandra apartment on Sunday, sending shockwaves in the film industry and elsewhere.

Days after his untimely demise, Instagram added “remembering” to his account bio and memorialised it as a place to remember the actor’s life.

According to the photo-video sharing website, no one can log into a memorialised account. The posts the deceased person shared, including photos and videos, stay on their page and are visible to the users they were shared with.

Also, once the account is memorialised, no one will be able to make changes to any of the existing posts or information.

The actor’s last post on the social media platform was a tribute to his late mother on June 3.

Rajput’s death is being investigated by the Mumbai Police and so far statements of over 13 people, including actor’s family members and close friends, including actor Rhea Chakraborty and casting director Mukesh Chhabra, have been recorded.

The police have also sent a letter to Yash Raj Films seeking details of the contracts it had signed with him.

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