Brands
Timex launches “iConnect Calling” with Aashim Gulati as the brand face
Mumbai: Timex global brand in watchmaking, is excited to launch its newest creation, the iConnect Calling smartwatch range, further diversifying its smartwatches line up that effortlessly combines style and functionality. iConnect Calling allows users to answer calls from their wrist and keeps a detailed record of important health data, making it a perfect blend of fashion and fitness.
Actor Aashim Gulati, known for his fitness, timeliness and signature fashion style is the face of the latest collection and resonates perfectly with what the collection has to offer.
Commencing at an enticing price, the watch is available online and offline across 8 SKU’s and equipped with features such as smart notifications, a full-color touch screen display, activity tracking, water resistance and more. Enabling multi-day battery life, one full charge lasts for 7 days on normal usage.
iConnect Calling Fact Sheet-
Bluetooth calling
changeable watch face – more than 100+ watch faces available on the app cloud
100+ sports modes to measure key data (heart Rate, Blood pressure, sleep Tracker)
AI Voice for intelligent dialogue and QnA
8 SKU’s
240*284 screen resolution
TFT screen provides a crystal-clear image that is viewable even in bright sunlight
4 Games
The new range also has more than 100 sports modes to measure every vitals, be it heart rate or calories burned with the feasibility of saving data on the Timex Fit 2.0 app. Every watch comes with a one-click AI VOICE interconnection to be paired with a mobile phone voice assistant for intelligent interaction and instant question and answer. Available in contemporary colours such as rose gold, gun-metal blue and many more. The latest collection features easily detachable straps for added convenience
Speaking on announcement, Timex India managing director Deepak Chhabra said, “We are very excited about our latest iConnect Calling smart watch range. In recent years, watches are no longer seen as a mere timekeeping device but also a distinctive fashionable accessory with functionality. We are thrilled to have Aashim Gulati as the face for our new range as he reflects the perfect combination of fashion and fitness. His impressive work has earned him widespread recognition, particularly among the youth, who constitute our target consumers. We know we’ve made a ‘smart’ choice’.”
Online availability: https://shop.timexindia.com/collections/men-smartwatches
Brands
Magnum Ice Cream Netherlands takes control of Kwality Wall’s India from Unilever
61.9 per cent stake transfer reshapes ownership as Unilever exits promoter role
MUMBAI: Kwality Wall’s (India) Limited has entered a new chapter, with The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. acquiring a controlling 61.9 per cent stake from a clutch of Unilever PLC-led entities, marking a significant shift in ownership.
The transaction, completed on March 30, 2026, follows a share purchase agreement signed in June 2025. The incoming promoter picked up over 145 crore equity shares, effectively taking control of the company and being formally classified as its new promoter under regulatory norms.
As part of the deal, the outgoing promoter group, including Unilever Group Limited and its affiliated entities, has fully exited its shareholding in the company. They have now been reclassified from promoter to public shareholders, closing a long-standing association with the ice cream business in India.
The board of Kwality Wall’s (India) Limited took note of the ownership change and approved a series of leadership updates alongside it. Ritesh Tiwari stepped down as director, while Abhijit Bhattacharya was appointed as chairperson and additional non-executive director. Tahir Toloy Tanridagli also joined the board as an additional non-executive director.
The reshuffle signals a broader strategic reset as the Magnum-led entity looks to steer the brand’s next phase of growth in India. The transition has been carried out in line with regulatory requirements, including disclosures tied to the open offer and reclassification norms under market regulations.
With Unilever stepping back and Magnum stepping in, Kwality Wall’s India is effectively getting a fresh scoop of leadership and direction. The coming months will reveal how the new promoter plans to scale the brand in one of the world’s most competitive ice cream markets.
