Brands
Lubi Industries partners with Sunrisers Hyderabad for a power-packed T20 2025
MUMBAI: Lubi Industries LLP, a manufacturer of pumps, motors, valves, and EV chargers, has announced its role as the principal partner of Sunrisers Hyderabad (SRH) for the upcoming T20 cricket season. The collaboration underscores Lubi’s commitment to excellence and aligns with SRH, last year’s runners-up, known for their dynamic performances.
Lubi Industries LLP director Ronak Porecha stated, “Cricket unites communities like no other sport, making it the perfect platform for Lubi Pumps to engage with our consumers. Our association with SRH allows us to reinforce our dedication to high-performance solutions while tapping into the passion of millions of cricket fans.”
SRH CEO K. Shanmugam welcomed the partnership, saying, “We are delighted to have Lubi Industries on board for the 2025 season. With their longstanding legacy of innovation and reliability, this collaboration is set to create immense value for both parties while deepening our connection with our loyal fan base.”
With over six decades of industry expertise, Lubi Industries shares values of resilience, performance, and teamwork qualities that define both the brand and SRH. Given cricket’s widespread appeal in India, this partnership offers a powerful platform to enhance Lubi’s visibility, particularly in the Andhra Pradesh and Telangana regions, where SRH enjoys a dedicated following.
By integrating sport and brand synergy, Lubi Industries aims to strengthen its market presence and engage consumers on a deeper level as the cricketing fever grips the nation once again.
Brands
Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
