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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Agencies
March 7,2020

Mumbai, Mar 7: A 'farm-to-fork' themed restaurant 'He-Man' situated on National Highway in Haryana's Karnal -- franchised by veteran Bollywood actor Dharmendra -- has been sealed for building law violations, officials said on Saturday.

The Karnal Municipal Corporation sealed the franchise outlet on Friday for not furnishing the change of land use (CLU) certificate and illegal constructions, an official said.

The restaurant is located on National Highway 44 on the outskirts of Karnal, some 150 km from here.

The franchise was given to Delhi-based businessman Pramod Kumar.

"After the success of my restaurant Garam Dharam Dhaba, I am now announcing a farm-to- fork themed restaurant 'He-Man'," Dharmendra had announced on Instagram after its launch on Valentine's Day.

Karnal Deputy Commissioner Nishant Yadav said the action was initiated as the restaurant owner did not respond to MC notice on the issue.

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News Network
June 24,2020

Mumbai, Jun 24: Veteran choreographer Saroj Khan has been admitted to a hospital here after she complained of breathing problems.

According to a source close to her family, the 71-year old choreographer was rushed to Guru Nanak Hospital in Bandra on Saturday.

Following her hospitalisation, a mandatory Covid-19 test was done, which turned out to be negative.

"She is fine now and recovering. She had breathing issues and was taken to hospital for that. Her Covid test was done which turned out negative. She doesn't have any symptoms. She is likely to be discharged in a day or two," the source told PTI.

In a career spanning over four decades, Khan is credited with choreographing more than 2,000 songs.

The three-time National Award winner has choreographed for some of the most memorable tracks, including "Dola Re Dola" from Sanjay Leela Bhansali's "Devdas", "Ek Do Teen" from Madhuri Dixit-starrer "Tezaab" and "Ye Ishq Haaye" from "Jab We Met" in 2007.

She last choreographed for "Tabaah Hogaye", featuring Madhuri from filmmaker Karan Johar's production "Kalank" in 2019.

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News Network
January 8,2020

New Delhi, Jan 8: Actor Kangana Ranaut on Wednesday applauded director Meghna Gulzar and actor Deepika Padukone for making 'Chhapaak', a film based on acid-attack victims.

Kangana's sister Rangoli Chandel who herself is an acid-attack survivor took to Twitter to share a video of the actor where she is seen extending thanks to Gulzar and Padukone for making a film on the important issue.

"I saw the trailer of the film 'Chhapaak' recently, and after watching it I was reminded of the incident of acid attack on my sister Rangoli. Today, I and my family thank Meghna Gulzar and Deepika (Padukone) that they made a film on this issue. This will give courage to those people who gave up on their life after struggling with it," said Ranaut in the video.

"This film has placed a tight slap on the face of those monsters who succeeded in their act but not in their will. With this film, all those faces will glow that have been spoiled and their courage was broken by these monsters and the beauty of their spirit," the 'Panga' actor said.

Congratulating the team of the film, Kangana added, "I wish that with this New Year the sale of acid gets prohibited so that this country becomes free of acid-attacks. In the end many many congratulations to the team 'Chhapaak'."

The movie is based on the real-life acid attack survivor of Laxmi, who at the age of 15, was attacked allegedly by a spurned lover in 2005. Laxmi had to undergo several surgeries. Later, she took up the job of helping acid attack survivors and promoted campaigns to stop such attacks.

'Chhapaak' is being helmed by Meghna Gulzar and is being co-produced by Deepika and Fox Star Studios. The movie is set to hit theatres on January 10, 2020.

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