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 24,2020

Los Angeles, Mar 24: In a bizarre video shot from her rose petal filled bathtub, pop star Madonna has called the coronavirus pandemic "a great equaliser".

The music icon said the virus doesn't discriminate between rich and poor.

That's the thing about COVID-1. It doesn't care about how rich you are, how famous you are, how funny you are, how smart you are, where you live, how old you are, what amazing stories you can tell.

It's the great equaliser and what's terrible about it is what's great about it. What's terrible about it is that it's made us all equal in many ways, and what's wonderful about is, is that it's made us all equal in many ways, Madonna said in the video while having a milky bath in tub full of roses.

The 61-year-old singer, who had to cancel two of her concerts in Paris due to coronavirus outbreak, also referenced her 1995 song Human Nature in the video saying we are all going down together .

According to the Johns Hopkins coronavirus tracker, the death toll from the virus globally has risen to 14,641 with 336,000 cases reported in 173 countries and territories.

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News Network
July 3,2020

Mumbai, Jun 3: Investigators will subject the cloth allegedly used by actor Sushant Singh Rajput to hang himself to "tensile strength" analysis to determine whether it can bear the weight similar to that of the filmstar, as part of probe into his death, an official said on Friday.

Rajput (34) was found hanging at his suburban Bandra residence on June 14.

According to the investigators, the actor ended his life by hanging himself from the ceiling using a green coloured night gown made of cotton.

No suicide note was found from the spot, the police had said then.

Besides viscera from the actors body, the police also sent the gown for chemical and forensic analysis at the Forensic Science Laboratory (FSL) in suburban Kalina, he said.

It will take at least three more days to get final forensic report, the official said.

To ascertain the exact cause of death, forensic experts will check pattern of ligature marks around the actors neck and also determine the strength of the gown with the help of "tensile strength" analysis, he said.

The tensile strength test will technically establish whether the cloth can bear around 80kg, the weight of the actor, he said.

The test will help determine if there was any foul play, the official said.

Tensile strength is maximum load that a material can support without fracture when being stretched.

Viscera analysis will help in checking whether there were any traces of chemical, poisonous or narcotics substance in his body, the official said.

"Usually, it takes eight to ten working days to get s report from the FSL in regular cases. But since this case is sensitive, experts are taking more precautions to avoid any kind of error in their analysis," the official said.

The forensic report of the actors mobile phone is also awaited, he said.

Recently, the police received the final post-mortem report of the actor from Cooper Hospital, which mentioned the cause of the death as asphyxia due to hanging"

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News Network
July 18,2020

Mumbai, Jul 18: Filmmaker and Yash Raj Films (YRF) chairman Aditya Chopra on Saturday recorded his statement with the Mumbai Police in connection with actor Sushant Singh Rajput death case, an official said.

Police have sought information about a contract signed between Rajput and YRF from Chopra who visited Versova police station this morning and left after four hours, the official said.

The "Chhichore" actor, 34, was found hanging at his apartment in Mumbai on June 14. No suicide note was found from the spot by the police.

The police are investigating allegations that professional rivalry, besides clinical depression, drove the actor to suicide.

Police are also trying to understand the reason behind Rajput ending his contract with YRF, the official said.

Earlier, the police had recorded statement of YRF's casting director Shanoo Sharma.

The police had recorded statements of 34 persons, including Rajput's family members and close friends like actors Rhea Chakraborty and Sanjana Sanghi, in connection with the case.

Maharashtra Home Minister Anil Deshmukh on Friday dismissed the need for a CBI probe into the death case of Rajput, saying the Mumbai police are capable of handling the matter.

On Thursday, Rhea Chakraborty demanded a CBI inquiry to understand what "pressures" prompted Rajput to take the extreme step of suicide.

Rajput starred in films such as Shuddh Desi Romance', Raabta, Kedarnath and Sonchiriya. But his most prominent role came as cricketer Mahendra Singh Dhoni in the biopic, MS Dhoni: The Untold Story.

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