Business – Page 10 – THE ECONOMIC INDIA

21 Sep

Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026

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Left to right: Ms. Meenakshi Jain, Choice Capital Advisors Private Limited; Mr. Mukesh Sangla, Adroit Industries (India) Limited; Mr. Saurabh Sangla, Adroit Industries (India) Limited; and Mr. B.R. Patidar, Adroit Industries (India) Limited. Mumbai (Maharashtra) [India], September 21: Adroit Industries (India) Limited is a vertically integrated manufacturer of propeller shafts and torque-transmission components with over four decades of operational experience, serving automotive, primarily commercial vehicles, and non-automotive applications, including defence and emergency services, heavy equipment and off-highway machinery and industrial equipment across more than 32 countries, proposes to open its Initial Public Offering on Wednesday, September 23, 2026 aiming to…

21 Sep

Ajay’s Café expands Mumbai footprint, opens second outlet in Virar

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Mumbai (Maharashtra) [India], September 21: Ajay’s Café, one of India’s leading quick-service restaurant brands and fastest-growing vegetarian café chains, has strengthened its presence in the Mumbai region with the opening of its second outlet in Virar, following the launch of its first outlet in Nalasopara. The new café was inaugurated on September 18. The Virar outlet is located in an active catchment area with D-Mart in the immediate vicinity and New Viva College, providing access to a large student and youth audience. The opening marks another step in Ajay’s Café’s planned expansion across the Mumbai Metropolitan Region (MMR), where the…

21 Sep

Magellanic Cloud Enters AI Smart Fuel Infrastructure Market with Nayara Energy Limited Contract

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Subsidiary Provigil Surveillance Deploys AI Video Analytics & Vehicle-to-Dispense Automation Across Outlets & Oil Depots Hyderabad (Telangana) [India], September 21: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891) today announced its strategic expansion into the AI smart fuel and retail automation sector. Its wholly owned subsidiary, Provigil Surveillance Limited, has received a purchase order valued at ₹44.60 Lakh (Rs. 44,60,400/-) from Nayara Energy Limited to implement an advanced AI-powered Automatic Number Plate Recognition (ANPR) and Video Analytics Platform across selected Retail Outlets and Oil Depots. Key Transaction Highlights Strategic Market Entry: Marks Magellanic Cloud’s entry into India’s high-growth multi-billion-dollar AI…

21 Sep

Iris Clothings Expands Doreme’s Digital Footprint Through Amazon Partnership

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Enhancing Online Visibility and Market Reach Howrah (West Bengal) [India], September 21: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids’ wear, has entered into an agreement with Amazon to sell its Doreme products on the platform, marking another significant step in the Company’s ongoing digital expansion strategy. The partnership is expected to enhance Doreme’s online visibility and product discoverability, while providing customers across a wider geographic footprint with greater accessibility and convenience. By leveraging Amazon’s extensive digital reach, Doreme will be able to connect with a broader consumer base…

19 Sep

MotionGravity Develops Human Authenticity Registry to Bring Paid, Consent-Based AI Participation to Everyday People

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HAR is being designed to help real people voluntarily participate in AI projects, verify consent through selective disclosure, and earn from eligible contributions while supporting authentic human-origin data for AI development. Mumbai (Maharashtra) [India], September 19: MotionGravity is developing the Human Authenticity Registry (HAR), a human-verification and contributor framework intended to give ordinary people a legitimate way to participate in the growing AI economy through consent-based, paid contribution. As artificial intelligence becomes part of everyday life, most people experience AI as users or consumers. HAR is being developed around a different idea: people should also be able to participate directly…

19 Sep

The Southern Bypass Comes of Age: Srijan Realty Launches Orizon to Anchor South Kolkata’s Urban Renaissance

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Kolkata (West Bengal) [India], September 19: The Southern Bypass has systematically evolved from a peripheral transit route into one of South Kolkata’s most closely watched residential and lifestyle corridors. This transformation represents a fundamental shift in Kolkata’s urban geography, where infrastructure investment, demographic shifts, and patient real estate vision have converged to create a self-sustaining ecosystem. Today, the corridor is defined not by isolated housing projects, but by a cohesive network of planned communities, integrated amenities, and increasingly sustainability-conscious developments. From Connectivity to a Complete Urban Ecosystem The evolution of the Southern Bypass began with structural movement. By functioning as…

19 Sep

King Koil Names Janhvi Kapoor as New Brand Ambassador, Launches New Global Identity

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New Delhi [India], September 19: King Koil has announced Janhvi Kapoor as its new brand ambassador, bringing a new face to the brand as it strengthens its presence in India’s premium sleep market. The association comes at a time when sleep is becoming a bigger part of the premium lifestyle conversation, moving beyond simply getting enough hours at night to how well people actually sleep. Alongside the announcement, King Koil is introducing its new global identity in India. King Koil India will now move forward as King Koil Mattress Co., with the new name, logo, and identity being rolled out…

19 Sep

40th Garment Technology Expo 2026 Inaugurated in Bengaluru, Setting the Stage for Smarter, Automated and Future-Ready Garment Manufacturing

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Bengaluru (Karnataka) [India], September 19: The future of garment manufacturing took centre stage in Bengaluru today as the 40th edition of Garment Technology Expo (GTE) 2026 organised by GTE and India Exposition Mart Ltd., was inaugurated at Gayatri Vihar Palace Ground. Bringing together more than 120 exhibitors across 70,000 sq. ft. of exhibition space, the three-day technology showcase is creating a dynamic meeting ground for garment manufacturers, machinery providers, technology innovators and industry professionals from India and overseas. Supported by the Ministry of Textiles, Government of India, and co-located with the Leather & Footwear Technology Expo (LFT), GTE Bengaluru 2026 is being held from September 18–20, 2026,…

19 Sep

Current Infraprojects Limited Secures Rs 10.42 Cr Order from Bank Note Press, Dewas for 3 MW Rooftop Solar Project

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Jaipur (Rajasthan) [India], September 19: Current Infraprojects Limited (NSE: CURRENT), one of the leading solar power infrastructure companies, is pleased to announce that the company has received a Notification of Award from Bank Note Press (BNP), Dewas, for a 3 MW Grid-Connected Rooftop Solar Project valued at ₹10.42 Cr, with completion scheduled within 240 days. Key Highlights Of The Order: Awarded by: Bank Note Press (BNP), Dewas, Madhya Pradesh Scope of work: Development of 3 MW Grid Connected Roof Top Solar Power Project in Behind the Meter Mode at BNP Dewas, with 5 Year Operation & Maintenance Contract value: ₹10.42…

19 Sep

Kellton Tech Board to Weigh Fundraising Plan on September 23

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New Delhi [India], September 19: Kellton Tech Solutions Limited has informed stock exchanges that its Board of Directors will meet on Wednesday, September 23, 2026, to consider a proposal for raising funds through the issuance of equity shares and/or other eligible securities. The company disclosed this in an intimation filed with BSE (scrip code 519602) and NSE (KELLTONTEC), in compliance with Regulation 29(1)(d) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The filing states that the fundraising route — whether through one or more permissible modes — will remain subject to terms and conditions determined by the Board,…