Latest news with #Nashik-based
News18
3 days ago
- Automotive
- News18
9 Airbags In Rs 1.5 Crore SUV But One 'Mistake' Leads To Nashik Businessman's Death In Crash
Last Updated: As another speeding vehicle splashed water onto the windshield of the SUV, the driver's visibility was momentarily lost. In those crucial seconds, the vehicle veered out of control The tragic death of prominent Nashik-based industrialist Sunil Hekre sparked fresh questions over both road safety and the structural integrity of Maharashtra's much-hyped Samruddhi Mahamarg. Hekre, who was travelling with his family in a high-end Mercedes GLS 400D SUV, died after the vehicle met with a horrific accident near Igatpuri. Ironically, despite the luxury SUV being equipped with nine airbags, advanced driver assistance systems (ADAS), and top-tier safety features, a single moment of lost control led to a fatal crash. According to preliminary investigations, Hekre's son was behind the wheel of the Rs 1.5 crore SUV. The family was returning to Nashik from Mumbai when the incident occurred near Shahpur. Eyewitness reports and police inputs suggest that water had accumulated on the highway due to rain. As another speeding vehicle splashed water onto the windshield of the SUV, the driver's visibility was momentarily lost. In those crucial seconds, the vehicle veered out of control. The SUV, reportedly at a high speed, skidded, flipped over, and breached into the opposite lane before slamming into the side grill. Despite the deployment of all airbags, the impact was catastrophic. Sunil Hekre, who was not wearing a seatbelt at the time, was thrown out of the vehicle. He succumbed to his injuries on the spot. His wife and both children, including the son who was driving, sustained serious injuries and were rushed to a nearby hospital. The son remains in critical condition. The incident has cast a dark shadow over the Nashik industrial community, where Hekre was a well-known and respected figure. His untimely death has triggered an outpouring of grief, even as it reignites debates around road conditions and accident-prone stretches on the Samruddhi Mahamarg. Launched with much fanfare as Maharashtra's flagship expressway project, the Samruddhi Mahamarg has been mired in safety concerns. Multiple fatal accidents have been reported in recent months, raising red flags over design flaws, maintenance lapses, and absence of adequate signage and water drainage systems. Experts have pointed out that while modern vehicles come with state-of-the-art safety tech, the effectiveness of these features diminishes when external conditions, such as poorly maintained roads and reckless driving by other motorists, are not controlled.
Hans India
17-06-2025
- Politics
- Hans India
Maha: Sudhakar Badgujar, who faced charges of 'links' with underworld, joins BJP
Mumbai: Nashik-based politician Sudhakar Badgujar, who was recently sacked by the Uddhav Thackeray-led Shiv Sena for anti-party activities, on Tuesday joined the BJP in the presence of state party chief and Revenue Minister Chandrashekhar Bawankule, Disaster Management Minister Girish Mahajan and state unit working president Ravindra Chavan. The state Minister of Ports and Shipping, Nitesh Rane (BJP), had recently accused Badgujar of having links with Salim Kutta, an associate of underworld don Dawood Ibrahim. Besides, the local legislator Seema Hire had also appealed to the party leadership not to induct Badgujar into the party fold. More importantly, Bawankule had expressed serious reservations over accommodating Badgujar in the party. At the time of Badgujar's official entry today, Bawankule admitted there is discord but not differences of opinion (Manbhed aahet Manbhed nahit). Some BJP leaders claim that the BJP will benefit in the local and civic body elections following Badgujar's entry. Dramatic events were witnessed during Badgujar's entry into the BJP. He was to join at 2 pm when Minister Girish Mahajan had reached the party office in South Mumbai. But state president Chandrashekhar Bawankule and executive state president Ravindra Chavan had not reached the office. Finally, after many phone calls, Bawankule reached the party office. 'I had no idea about Badgujar's entry today. I thought the party entry was tomorrow,' said Bawankule, who reached the party office after attending the weekly cabinet meeting. Party insiders said that Bawankule was not eager for Badgujar's entry as the latter had made some exposés about his foreign visit. Further, a section of the party leaders from Nashik and also at the state level objected to Badgujar's entry as they cited the allegations made by Minister of Ports and Shipping Nitesh Rane for his links to underworld don Salim Kutta. This had created a ruckus in the state assembly. Thereafter, the then-Home Minister Devendra Fadnavis had ordered an investigation through an SIT in this case. However, Nitesh Rane, who had earlier lashed out at Badgujar, today welcomed Badgujar's entry into the party. 'If anyone comes with us with the thread of Hindutva, we will welcome him. Badgujar has now become 100 per cent saffron. Badgujar's journey towards Hindutva has begun in earnest. His son was at the forefront of the Sakal Hindutva Morcha that we organised a few days ago,' he said. After his official entry, Badgujar said, 'Today I joined the BJP. I thank the BJP and Devendra Fadnavis. Girish Mahajan is a problem solver. When a disaster strikes, he makes a way, and he made my way. I am innocent.' He further assured that he will work with full loyalty to the party and work hard for its consolidation ahead of the upcoming local and civic body elections.
Mint
15-06-2025
- Business
- Mint
Penny stock below ₹1 to be in focus on Monday; here's why
A penny stock below ₹ 1, KBC Global, is likely to be in focus on Monday, June 16, after the company announced the establishment of a wholly-owned subsidiary, Dharan Infra Solar Private Limited. This subsidiary will operate in the solar power and renewable energy sector, strengthening the company's presence in this segment. The Nashik-based infrastructure and EPC (engineering, procurement, and construction)services firm announced on June 14 that it has incorporated a new wholly owned subsidiary, Dharan Infra Solar Private Limited, as part of its expansion into the renewable energy sector. "The board of directors approved the move at its meeting held on June 13, 2025. The new company will focus on solar and hybrid energy solutions, aligning with the company's commitment to sustainability and green technology," KBC Global said. The company further explained that Dharan Infra Solar Private Limited will engage in a wide spectrum of activities, including the manufacturing, design, development, and improvement of renewable energy modules, cells, and accessories. This includes conducting research, trading, buying, selling, wholesaling, retailing, distributing, importing, exporting, assembling, fabricating, repairing, maintaining, altering, and operating solar power projects and hybrid systems that combine solar photovoltaic technology with other forms of renewable energy —aiming to provide end-to-end solutions for solar power projects. The company is rebranding from KBC Global Ltd to Dharan Infra-EPC Limited as part of a strategic shift to focus on infrastructure and EPC projects and reposition its brand in the market. In February 2024, the board of directors approved the issuance of 1:1 bonus shares to shareholders with an order book size of ₹ 260 crore. The penny stock has jumped nearly 22 per cent in June so far and looks set to snap its seven-month losing streak. Over the last year, the stock has plunged 50 per cent, hitting a 52-week high of ₹ 1.28 on November 7 last year and a 52-week low of ₹ 0.34 on May 13 this year. Read all market-related news here
Hans India
15-06-2025
- Business
- Hans India
Below ₹1, KBC Global bets big on solar energy; To be in focus on Monday
KBC Global, a penny stock trading below ₹1, is expected to attract attention on Monday, June 16, after announcing a strategic expansion into renewable energy. The company revealed the incorporation of a new wholly owned subsidiary, Dharan Infra Solar Private Limited, which will focus on solar and hybrid power solutions. This marks a major shift in KBC Global's growth trajectory as it aims to strengthen its presence in sustainable infrastructure. The Nashik-based infrastructure and EPC (engineering, procurement, and construction) firm shared on June 14 that its board had approved the formation of the subsidiary in a meeting held on June 13. The new arm will engage in the manufacturing, design, research, development, and trading of solar modules and hybrid renewable systems. Beyond just solar panels, Dharan Infra Solar plans to deliver end-to-end renewable solutions, covering import-export operations, assembly, maintenance, and operation of clean energy projects. In a broader strategic revamp, KBC Global is rebranding itself as Dharan Infra-EPC Limited to reflect its focus on infrastructure and EPC verticals. This follows an earlier announcement from February 2024, where the board approved a 1:1 bonus share issuance, adding momentum to the company's transformation. KBC Global's current order book stands at ₹260 crore. So far in June, KBC Global's stock has rallied nearly 22%, breaking a seven-month losing streak. Despite a 50% plunge over the past year, the stock hit a 52-week high of ₹1.28 in November 2024 and a low of ₹0.34 in May 2025. The launch of Dharan Infra Solar may mark a turning point in KBC Global's market positioning, aligning the company with India's growing renewable energy ambitions. Disclaimer: This article is for educational purposes only and is not investment advice. Readers should consult certified financial experts before acting on market news.
Mint
15-06-2025
- Business
- Mint
Penny stock below ₹1 to be in focus on Monday; here's why
A penny stock below ₹ 1, KBC Global, is likely to be in focus on Monday, June 16, after the company announced the establishment of a wholly-owned subsidiary, Dharan Infra Solar Private Limited. This subsidiary will operate in the solar power and renewable energy sector, strengthening the company's presence in this segment. The Nashik-based infrastructure and EPC (engineering, procurement, and construction)services firm announced on June 14 that it has incorporated a new wholly owned subsidiary, Dharan Infra Solar Private Limited, as part of its expansion into the renewable energy sector. "The board of directors approved the move at its meeting held on June 13, 2025. The new company will focus on solar and hybrid energy solutions, aligning with the company's commitment to sustainability and green technology," KBC Global said. The company further explained that Dharan Infra Solar Private Limited will engage in a wide spectrum of activities, including the manufacturing, design, development, and improvement of renewable energy modules, cells, and accessories. This includes conducting research, trading, buying, selling, wholesaling, retailing, distributing, importing, exporting, assembling, fabricating, repairing, maintaining, altering, and operating solar power projects and hybrid systems that combine solar photovoltaic technology with other forms of renewable energy —aiming to provide end-to-end solutions for solar power projects. The company is rebranding from KBC Global Ltd to Dharan Infra-EPC Limited as part of a strategic shift to focus on infrastructure and EPC projects and reposition its brand in the market. In February 2024, the board of directors approved the issuance of 1:1 bonus shares to shareholders with an order book size of ₹ 260 crore. The penny stock has jumped nearly 22 per cent in June so far and looks set to snap its seven-month losing streak. Over the last year, the stock has plunged 50 per cent, hitting a 52-week high of ₹ 1.28 on November 7 last year and a 52-week low of ₹ 0.34 on May 13 this year. Read all market-related news here Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
