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
June 8,2020

Mumbai, Jun 8: Veteran writer-lyricist Javed Akhtar has won the 2020 Richard Dawkins Award for critical thinking, holding religious dogma up to scrutiny, advancing human progress and humanist values.

Akhtar has become the first Indian to be given the honour, which recognises a distinguished individual from the field of science, scholarship, education, or entertainment, who publicly proclaims the values of secularism and rationalism and upholding scientific truth.

Akhtar's wife, veteran actor Shabana Azmi said the award's relevance becomes more prominent especially in the current times when secularism is under attack.

"I am thrilled. I know what a hero Richard Dawkins has been for Javed. The award gains all the more significant because in today’s time when secularism is being attacked by religious fundamentalists of all hues, this award comes as a validation of Javed’s long service to rational thinking," Azmi told PTI.

The award is named after world-renowned English evolutionary biologist Richard Dawkins. Actor-comedian Ricky Gervais received the honour last year.

Bollywood celebrities Anil Kapoor and Dia Mirza took to Twitter to congratulate the 75-year-old writer for the recognition.

"Knowing that Richard Dawkins has been your hero since you read 'The Selfish Gene', the prestigious Richard Dawkins Award must be extra special for you @Javedakhtarjadu Saab! It's a truly incredible honour! Congratulations!" Kapoor tweeted.

Dia said Akhtar's win is a proud moment for rhe country.

"Javed Akhtar Saab has won the prestigious Richard Dawkins Award 2020 for critical thinking, holding religious dogma upto scrutiny, advancing human progress and humanist values. He is the only Indian to have won this award! @Javedakhtarjadu Congratulations! You make us proud," Dia wrote.

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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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News Network
April 21,2020

Mumbai, Apr 21: While the whole country continues to struggle against the COVID-19 crisis, filmmaker Rohit Shetty's name has been added to the list of renowned personalities who have come forward to give the frontline workers a boost to help them in their battle against the deadly infection.

Rohit Shetty has facilitated eight hotels across the city for the on-duty corona warriors to rest, shower and change with arrangements for breakfast and dinner. The Mumbai Police thanked Shetty for this kind gesture in keeping Mumbai safe and tweeted," #RohitShetty has facilitated eight hotels across the city for our on-duty #CovidWarriors to rest, shower & change with arrangements for breakfast & dinner. We thank him for this kind gesture and for helping us in #TakingOnCorona and keeping Mumbai safe."

Meanwhile, scores of celebrities have stepped forward in the fight against coronavirus by supporting different initiatives to help the ones going through the difficult situation due to coronavirus outbreak.

India's count of positive coronavirus cases reached 18,985 after 1,329 new cases were reported in the last 24 hours, the Ministry of Health and Family Welfare said on Tuesday.
Out of the total cases, 15,122 are active cases, 3,259 have been cured and discharged and one has migrated. With 44 new deaths reported in the last 24 hours, the toll stands at 603.

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