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Tag: Amit Aggarwal

  • Magnum to debut a luxurious new flavour at Lakme Fashion Week x FDCI

    Magnum to debut a luxurious new flavour at Lakme Fashion Week x FDCI

    MUMBAI: Magnum, is set to create a stir at Lakmē Fashion Week x FDCI with the unveiling of its newest indulgent flavour. Taking place from 26 to 30 March 2025 at the Jio World Convention Centre, the brand promises a lavish celebration of fashion, luxury, and pleasure.

    Bringing its signature chocolate dipping bar to the prestigious event, Magnum will treat guests to an array of decadent experiences. The highlight of the celebration will be the Magnum party, an exclusive evening of glamour and indulgence, attended by the crème de la crème of the fashion industry.

    Indian designers Falguni Shane Peacock, Amit Aggarwal, and Shantnu Nikhil will craft bespoke Magnum bars inspired by their signature styles. Each creation will reflect their distinctive design aesthetic, elevating the ice cream into a work of edible art.

    Magnum will introduce a limited-edition candle collection in collaboration with designer Ritika Mirchandani. The candles, inspired by the brand’s signature flavours, will capture the essence of indulgence through scent, offering a multi-sensory experience that extends beyond taste.

    HUL head of ice cream business Toloy Tanridagli said, marking 25 years of Lakmē Fashion Week. “We are proud to be part of this landmark celebration, bringing new levels of luxury and pleasure to the Indian market. From the exclusive party to creative collaborations, we aim to offer unforgettable experiences that blend taste with fashion.”

  • Bata laces up for growth with Amit Aggarwal as CFO & whole-time director

    Bata laces up for growth with Amit Aggarwal as CFO & whole-time director

    MUMBAI: Bata India is tightening its financial game with the appointment of Amit Aggarwal as its Whole-Time director and chief financial officer. Armed with over two decades of experience in financial management, business strategy, and digital transformation, Aggarwal brings a wealth of expertise from leadership stints at Sugar Cosmetics, Marico, Nestlé India, and PwC.

    A chartered accountant with an advanced management certification from IIM Kolkata, Aggarwal has built a career on driving profitability, risk mitigation, and governance. His tenure as CFO at Sugar Cosmetics saw him navigating a fast-growing D2C brand, while his time at Marico and Nestlé honed his skills in financial strategy and process optimisation.

    Bata India, a household name in footwear, is expected to benefit from Aggarwal’s deep understanding of consumer-driven businesses. With a focus on accelerating growth, enhancing financial efficiencies, and leveraging digital innovation, his leadership marks a significant step in the company’s strategic evolution.

  • Blenders Pride Glassware Fashion Tour enters the metaverse with borderless fashion & lifestyle experience

    Blenders Pride Glassware Fashion Tour enters the metaverse with borderless fashion & lifestyle experience

    Mumbai: Powered by the Fashion Design Council of India, the 16th edition of the Blenders Pride Glassware Fashion Tour has reimagined its iconic legacy to bring a more youthful, inclusive, and innovative edition this year. In its cutting-edge new avatar, the fashion tour steps into the metaverse to create a first-of-its-kind amalgamation of fashion and technology for young audiences to experience like never before.

    The fashion tour has launched ‘Blenders Pride Glassware Fashion Tour Park’ in decentraland, a global web3 platform where only renowned global brands have created an immersive metaverse experience for their fans. The fashion tour park features multiple interactive areas, gamified zones and showcase areas, with several engaging activities in store for users to interact with throughout the duration of the tour.

    Users can start at the lounge, a zone that houses all the information about Blenders Pride Glassware Fashion Park, where they can claim a free ‘Proof of Attendance NFT’ from the POAPBooth. Users can then head to the ramp, where they can strike a pose, walk like a showstopper, or watch the live streams of the ultra-glamorous fashion shows from the fashion tour itself. Then at the designer & trial zone, users can try on and buy wearable NFTs from renowned designers on the tour, including Shantanu and Nikhil, Amit Aggarwal, Falguni Shane Peacock, and Kunal Rawal. There are also numerous and one-of-a-kind selfie spots throughout the fashion tour park where users can take a selfie and share it on social media with the hashtags #BlendersPrideGlasswareFashionTour #MadeOfPride #MyLifeMyPride for a chance to win exclusive passes to the tour’s stellar shows.

    And then, there’s the metaverse treasure hunt, an engaging activity where users must collect clues from across the fashion tour park arena to stand a chance to get their hands on an iPhone 13, stylish bluetooth earphones worth Rs 15,000 or online shopping vouchers worth Rs 5,000. The hunt begins on 1 December.

    But the most exciting attraction is India’s first metaverse-exclusive fashion show, set to take place at the fashion tour park on 10 December. This metaverse fashion show will feature outfits from the ‘Style Gallery’ exhibit of the fashion tour called “This is not a t-shirt” project. These unique t-shirt outfits are designed by 60 designers & homegrown fashion labels, who have embellished or even deconstructed the basic t-shirt into a design celebrating their authentic interpretation of the four themes of the fashion tour.

    Guests attending the exclusive shows of the fashion tour at the four city editions will also have the opportunity to step into the metaverse – an experience zone that extends various elements from the fashion tour park’s metaverse platform. Guests can interact with a smart mirror, where they can try on unique wearable NFTs designed by the fashion tour designers, take selfies in the outfits, and even get their hands on the outfits by buying these one-of-a-kind wearable NFTs—an incredibly new experience for the fashion & lifestyle elite.

    Speaking about the exciting new metaverse experience, Pernod Ricard India chief marketing officer Kartik Mohindra said, “The 16th edition of Blenders Pride Glassware Fashion Tour will lay the foundation for a new era in fashion & lifestyle. The fashion world is ever evolving, and the fashion tour has always led this wave of evolution in India. Taking the fashion tour to the metaverse is not just a first-of-its-kind initiative for the industry; it’s also our interpretation of how to make the tour more inclusive, accessible, and futuristic by allowing young audiences to experience the fashion tour in an immersive way like they have never before. It is a part of our journey of celebrating the pride of today’s youth with newfound vigour and vision.”

  • TDSAT: Sai Prasad Media to pay UCN Cable Rs 67 lakh with 8% interest

    TDSAT: Sai Prasad Media to pay UCN Cable Rs 67 lakh with 8% interest

    NEW DELHI: Sai Prasad Media Pvt Ltd has been asked by the Telecom Disputes Settlement and Appellate Tribunal to pay to UCN Cable Network Pvt Ltd a sum of Rs 67,21,500 with interest at the rate of 8 percent from 28 August 2015 till date of payment for carrying the News Express channel on its network.

    Chairman Justice Aftab Alam and member B B Srivastava, who heard the matter ex parte as Sai Prasad Media did not put in an appearance, came to their judgment on the basis of the documents presented and the lone witness examined.

    The tribunal said: “In view of the facts and circumstances as well as documents and evidences available in support of petitioner’s claim, as well as consistent refusal on the part of respondent to present its  case by way of nonappearance,  we find  and hold that the agreement has been acted upon by both sides; albeit  only partially by the respondent.”

    While UCN Cable had demanded interest at 24 per cent, the Tribunal confined it to 8 per cent but said the payment has to be made within eight weeks.

    The petitioner said it had entered into an agreement dated 29 October 2012 with the respondent for the period 1 August to mid-.2013 for carrying the latter’s channel News Express on its network. According to the petitioner, a fresh agreement dated 14 June 2014 was again executed between the petitioner and the respondent for the period 1 April 2014 to 31 March 2015. The consideration money for placement of the news channel (News Express) was Rs 75 lakh excluding applicable service tax.

    UCN says it carried the channels from its network and placed them on the desired frequency as mentioned in the agreement; and raised regular invoices upon the respondent. However, the respondent in breach of the terms of the agreement did not make payment of the agreed amount; and the total outstanding as on 31 March 2015 amounted to Rs 67,21,500. The petitioner has also submitted that under the previous agreement as well, Sai Prasad Media had defaulted to the extent of Rs.93,63,328 due and payable to the petitioner till 31 March 2014.

    It has been stated that only in pursuance of a notice of 5 March 2014, Sai Prasad Media made a payment of Rs 90,55,038 on 7 April 2014. However, no payment was received from Sai Prasad Media thereafter. It has been stated that another notice dated 18 March 2015 was served upon the respondent for payment of Rs 67,21,500.

    The sole witness on behalf of the petitioner Amit Aggarwal, working as manager, Legal in the petitioner company submitted his evidence through affidavit and he has formally proved the documents annexed with the petition. Aggarwal was examined by the Advocate Commissioner and his evidence has been taken on record.

  • TDSAT: Sai Prasad Media to pay UCN Cable Rs 67 lakh with 8% interest

    TDSAT: Sai Prasad Media to pay UCN Cable Rs 67 lakh with 8% interest

    NEW DELHI: Sai Prasad Media Pvt Ltd has been asked by the Telecom Disputes Settlement and Appellate Tribunal to pay to UCN Cable Network Pvt Ltd a sum of Rs 67,21,500 with interest at the rate of 8 percent from 28 August 2015 till date of payment for carrying the News Express channel on its network.

    Chairman Justice Aftab Alam and member B B Srivastava, who heard the matter ex parte as Sai Prasad Media did not put in an appearance, came to their judgment on the basis of the documents presented and the lone witness examined.

    The tribunal said: “In view of the facts and circumstances as well as documents and evidences available in support of petitioner’s claim, as well as consistent refusal on the part of respondent to present its  case by way of nonappearance,  we find  and hold that the agreement has been acted upon by both sides; albeit  only partially by the respondent.”

    While UCN Cable had demanded interest at 24 per cent, the Tribunal confined it to 8 per cent but said the payment has to be made within eight weeks.

    The petitioner said it had entered into an agreement dated 29 October 2012 with the respondent for the period 1 August to mid-.2013 for carrying the latter’s channel News Express on its network. According to the petitioner, a fresh agreement dated 14 June 2014 was again executed between the petitioner and the respondent for the period 1 April 2014 to 31 March 2015. The consideration money for placement of the news channel (News Express) was Rs 75 lakh excluding applicable service tax.

    UCN says it carried the channels from its network and placed them on the desired frequency as mentioned in the agreement; and raised regular invoices upon the respondent. However, the respondent in breach of the terms of the agreement did not make payment of the agreed amount; and the total outstanding as on 31 March 2015 amounted to Rs 67,21,500. The petitioner has also submitted that under the previous agreement as well, Sai Prasad Media had defaulted to the extent of Rs.93,63,328 due and payable to the petitioner till 31 March 2014.

    It has been stated that only in pursuance of a notice of 5 March 2014, Sai Prasad Media made a payment of Rs 90,55,038 on 7 April 2014. However, no payment was received from Sai Prasad Media thereafter. It has been stated that another notice dated 18 March 2015 was served upon the respondent for payment of Rs 67,21,500.

    The sole witness on behalf of the petitioner Amit Aggarwal, working as manager, Legal in the petitioner company submitted his evidence through affidavit and he has formally proved the documents annexed with the petition. Aggarwal was examined by the Advocate Commissioner and his evidence has been taken on record.