Latest news with #Gurgaon
South China Morning Post
09-07-2025
- Business
- South China Morning Post
India's luxury property market boom has ‘no plateau in sight' – is it sustainable?
When Indian property developer DLF launched a housing project in Gurgaon on the outskirts of capital New Delhi last month, all the flats sold out within a week despite a minimum price tag of more than US$1 million – a figure that would have daunted most buyers until recently. Advertisement The successful sale of the project called DLF Privana North in Gurugram followed two others over the 116-acre (47-hectare) residential development, DLF Privana South and DLF Privana West, each of which were sold out in 72 hours in January and May last year respectively. The benchmark set by India 's largest property developer has seen several others such as Godrej, Emaar and Experion trooping in with launches of several luxury flats at similar prices. A mix of volatile geopolitical tensions – which have driven overseas Indians to buy into reputable residential properties in their home country – combined with domestic entrepreneurial and professionals' wealth has ushered in a new genre of housing. Central Mumbai's cityscape and skyline. Photo: Shutterstock The sale of such expensive homes has caused concern among certain quarters over whether the trend is sustainable. Advertisement
Forbes
08-07-2025
- Business
- Forbes
Arun Bharat Ram
Arun Bharat Ram is the chairman emeritus of SRF, a maker of specialty chemicals and packaging film. Bharat Ram started his career in 1967 with the Delhi Cloth & General Mills (now DCM), owned by his family. He set up SRF in 1970, as a manufacturer of nylon tire cords. Today, the company has 14 manufacturing plants, including in Thailand and South Africa. Both his sons, Ashish and Kartik, help him run the business. Wealth History HOVER TO REVEAL NET WORTH BY YEAR Personal Stats Age 84 Source of Wealth Chemicals Residence Delhi, India Citizenship India Marital Status Widowed Children 3 Education Bachelor of Science in Engineering, University of Michigan Did you know Bharat Ram is a keen musician and has learnt to play the sitar under the late renowned musician Ravi Shankar. Bharat Ram's late wife Manju started the Shri Ram Group of Schools in Delhi and in the satellite township of Gurgaon. Related People & Companies View Profile View Profile View Profile View Profile View Profile View Profile
Yahoo
30-06-2025
- Automotive
- Yahoo
India's Sona Comstar plans domestic magnet production to cut China imports
By Aditi Shah NEW DELHI (Reuters) -Sona Comstar, India's biggest importer of rare earth magnets, plans to locally manufacture the critical components used in electric vehicles, tapping into a government push to incentivise their production at home as China restricts their exports. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their exports as part of its response to U.S. tariffs. While the U.S. and China signed a deal this month to speed up approvals of rare earth exports, governments and companies globally are scrambling to look for alternatives. India, which has the world's third-largest car market and its fifth-largest reserves of rare earths, is working on a new program to incentivise magnet production locally to wean off China. Gurgaon-based Sona Comstar, officially known as Sona BLW Precision Forgings, is the first company in India to announce plans to make magnets domestically after the government's program became public. "Being the largest importer of rare earth magnets, we are the single largest affected party in the country. We have to look at India's self-sufficiency on magnets and are working with the government on it," Sona Comstar CEO Vivek Vikram Singh told Reuters in an interview. The company, which supplies gears and motors to car makers such as Tesla and Stellantis, imported 120 metric tonnes of magnets from China in the last financial year. Singh said the company will look at the Indian incentives once they are finalised, and other factors, to determine its investment in the local manufacturing. He said the company has the funds for local manufacturing, citing its five-fold increase in revenue to more than $400 million over the past five years. Any plans to mine and process rare earths would take years to develop, so will not provide an immediate solution to reducing reliance on China. Sona Comstar itself had plans to import 200 tonnes of magnets this year to meet the growing needs of its EV customers which make up about a third of its revenue, Singh said. The U.S. currently accounts for about 40% of Sona Comstar's revenue, ahead of India and Europe. With the recent acquisition of the Indian railways business of Escorts Kubota, the company has diversified beyond automotive and will see the majority of its revenues coming from India this year. For future growth, Sona Comstar is looking at acquiring more customers in China, Japan and South Korea. The plans for growth come amid the sudden death in June of Sona Comstar Chairman Sunjay Kapur, which sent the company's shares lower over fears over its future direction. The company appointed Jeffrey Mark Overly as its new chairman. Singh, however, said this will not change the company's course as it is run by a professional team of executives and has the kind of "management bench strength" needed to overcome crises and disruptions. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
No More Swiping: Knot.dating Launches as India's First AI-Powered Matchmaker for Serious Relationships
GURGAON, India, June 25, 2025 /PRNewswire/ -- After a successful invite-only beta launch on March 31, is now opening its platform to the public. Built for serious relationship seekers, is India's first matchmaking platform that uses conversational AI and human-assisted matchmaking to deliver emotionally compatible matches. Co-founded by Jasveer Singh and Abhishek Asthana, was born out of the team's pivot from Hood, a pseudonymous social network, to solve a deeper human need: meaningful relationships. Unlike traditional matrimony platforms that rely on filters and swipes, listens, learns, and understands. Users don't fill out endless forms — they simply talk. In just a few-minutes-long AI conversation, the system captures personality nuances, emotional depth, and communication patterns to match users with high compatibility. "We're not just building another matrimony app," said Jasveer Singh, Co-founder & CEO, "We're building a matchmaking experience where compatibility grows through conversations. Our users are professionals who want to take the lead in their own journey — before involving families." blends tech and empathy to deliver curated, verified matches. Every profile goes through face & Government ID, and users also have access to Matchmaking advisors for guidance on complex or sensitive match decisions. What's new with the public launch: Full access to the AI matchmaker experience — no waitlist Smart curated profiles with deeper behavioral understanding Real-time AI conversations to drive compatibility, not just preferences Face-verification for profile authenticity Optional personal advisors to support match decisions The app is now live on Android, iOS, and Web. Early adopters have already praised its clean design, zero-spam onboarding, and deeply personal matchmaking approach. Backed by marquee investors like 3one4 Capital, Vijay Shekhar Sharma, Ritesh Agarwal, Ashish Hemrajani, Kunal Shah, and Ashneer Grover, had earlier raised $3.2M during its Hood journey. With this public launch, the company enters a new chapter — one led by AI, human intuition, and the real pursuit of marriage. To experience the future of matchmaking, visit or download the app now. About We are — we're building India's first AI-powered conversational matchmaking experience. While traditional matrimony platforms rely on filters and preferences, we're going deeper — using conversational AI that talks to you, understands you, and finds the right match for you. This is not just another matrimony app — it's a private, 100% verified, invite-only platform with total privacy. Our focus is on working professionals who are serious about finding a partner — individuals who want to take the lead in their own journey before involving their families Founded by Shark Tank-backed entrepreneurs, we're reimagining how modern Indians find their forever person — one meaningful conversation at a time. Contact Jasveer Singhjasveer@ Logo: View original content to download multimedia: Sign in to access your portfolio
Yahoo
25-06-2025
- Business
- Yahoo
No More Swiping: Knot.dating Launches as India's First AI-Powered Matchmaker for Serious Relationships
GURGAON, India, June 25, 2025 /PRNewswire/ -- After a successful invite-only beta launch on March 31, is now opening its platform to the public. Built for serious relationship seekers, is India's first matchmaking platform that uses conversational AI and human-assisted matchmaking to deliver emotionally compatible matches. Co-founded by Jasveer Singh and Abhishek Asthana, was born out of the team's pivot from Hood, a pseudonymous social network, to solve a deeper human need: meaningful relationships. Unlike traditional matrimony platforms that rely on filters and swipes, listens, learns, and understands. Users don't fill out endless forms — they simply talk. In just a few-minutes-long AI conversation, the system captures personality nuances, emotional depth, and communication patterns to match users with high compatibility. "We're not just building another matrimony app," said Jasveer Singh, Co-founder & CEO, "We're building a matchmaking experience where compatibility grows through conversations. Our users are professionals who want to take the lead in their own journey — before involving families." blends tech and empathy to deliver curated, verified matches. Every profile goes through face & Government ID, and users also have access to Matchmaking advisors for guidance on complex or sensitive match decisions. What's new with the public launch: Full access to the AI matchmaker experience — no waitlist Smart curated profiles with deeper behavioral understanding Real-time AI conversations to drive compatibility, not just preferences Face-verification for profile authenticity Optional personal advisors to support match decisions The app is now live on Android, iOS, and Web. Early adopters have already praised its clean design, zero-spam onboarding, and deeply personal matchmaking approach. Backed by marquee investors like 3one4 Capital, Vijay Shekhar Sharma, Ritesh Agarwal, Ashish Hemrajani, Kunal Shah, and Ashneer Grover, had earlier raised $3.2M during its Hood journey. With this public launch, the company enters a new chapter — one led by AI, human intuition, and the real pursuit of marriage. To experience the future of matchmaking, visit or download the app now. About We are — we're building India's first AI-powered conversational matchmaking experience. While traditional matrimony platforms rely on filters and preferences, we're going deeper — using conversational AI that talks to you, understands you, and finds the right match for you. This is not just another matrimony app — it's a private, 100% verified, invite-only platform with total privacy. Our focus is on working professionals who are serious about finding a partner — individuals who want to take the lead in their own journey before involving their families Founded by Shark Tank-backed entrepreneurs, we're reimagining how modern Indians find their forever person — one meaningful conversation at a time. Contact Jasveer Singhjasveer@ Logo: View original content to download multimedia:
