Business – Page 11 – THE ECONOMIC INDIA

05 Mar

Patil Automation Subsidiary Secures Rs 12.67 Crore Order for Automatic Robotics Lines

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Pune(Maharashtra) [India], March 05: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a leading provider of turnkey welding, assembly, and robotics-integrated automation systems, announced that its subsidiary, MII Robotics Private Limited, has received multiple purchase orders valued at ₹12.67 crore (inclusive of all taxes and duties) from domestic Indian companies. Order Overview: The orders involve the supply of Automatic Robotics Lines, including live feed NUB MIG welding systems and robotic automation solutions. The projects are intended for applications in the defence sector, supporting automated manufacturing processes for defence-related production. Execution of the orders is scheduled on or before August 2026 Strategic Significance: This order strengthens Patil Automation…

03 Mar

KLIP Launches as a ‘Snackable Netflix for Bharat’ for India’s Mobile-First Viewers

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Mumbai (Maharashtra) [India], March 03: KLIP has entered India’s digital entertainment space with the launch of a micro-drama platform built for mobile-first audiences across the country. The platform is positioning itself as a snackable entertainment app aimed at viewers who increasingly engage with stories in short, intentional viewing moments rather than extended sessions. The launch is rooted in the company’s attempt to bridge a widening gap in digital viewing behaviour, between the chaos of unstructured, unintentional short-form content binging and the commitment required by long-form OTT series. While short-video platforms encourage endless scrolling without narrative payoff, traditional streaming formats often…

03 Mar

Meet top 10 Brands Transforming Industries and Setting New Benchmarks in 2026

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New Delhi [India], March 03: As industries accelerate toward innovation and digital transformation, certain brands rise above the noise to become true game-changers. These 10 pioneering brands across technology, marketing, finance, wellness, real estate, and media are not just participating in the market—they are redefining it. Through bold strategies, customer-centric innovation, and future-ready leadership, they are transforming traditional models, setting new performance benchmarks, and shaping the business landscape of 2026. 1. Mitti Ke Mahanayak: Sunil Sushila Sharma’s Mission for Soil, Sustainability & Farmers In India’s evolving agricultural and environmental landscape, Mitti Ke Mahanayak has emerged as a powerful platform for change under the…

03 Mar

Agrowise Launches Comprehensive Agriculture Consultancy to Strengthen Agri-Businesses and Promote Public Health

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Bengaluru (Karnataka) [India], March 03: Agrowise, a dynamic agriculture consultancy service, is proud to announce its continued commitment to supporting agri-businesses across the country through strategic marketing and sales partnerships. With a strong vision to scale up agro enterprises and ensure the availability of quality food products to the public, Agrowise is positioning itself as a catalyst for sustainable agricultural growth and improved community well-being. Founded under the leadership of *Dr Saurish Hegde, Agrowise works closely with farmers, agripreneurs, food producers, and agricultural organizations to enhance market access, strengthen brand positioning, and improve distribution networks. By bridging the gap between…

03 Mar

The Art of Sacred Living: Premium Teakwood Pooja Mandir Designs for Modern & Traditional Homes

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New Delhi [India], March 03: In the middle of daily noise and routine, everyone needs a moment of pause. A pooja mandir offers that pause. It creates a peaceful space for reflection and prayer. When designed in premium teakwood, it adds both calmness and quiet strength to the home. Modern interiors often look clean and open. People choose simple colours and clear lines. In a space like this a pooja mandir should be really nice and balanced. It should not look too big like it does not belong to the place. A premium teakwood pooja mandir is a good choice because…

03 Mar

Cupid Limited Announces Record Date for 4:1 Bonus Issue

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Mumbai (Maharashtra) [India], March 03: Cupid Limited (BSE: 530843 | NSE: CUPID) has announced the issue and allotment of Bonus Equity Shares in the ratio of 4:1, rewarding its shareholders for their continued trust and support. The Company has fixed Monday, March 09, 2026 as the Record Date for determining the eligibility of shareholders entitled to receive the Bonus Equity Shares. Under the approved bonus issue, eligible shareholders will receive: 4 (Four) new fully paid-up equity shares of ₹1 each For every 1 (One) existing fully paid-up equity share of ₹1 each Held as on the Record Date The deemed date of…

03 Mar

Supreme Power Equipment Limited Commences Operations at New High-Capacity Transformer Manufacturing Facility

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Chennai (Tamil Nadu) [India], March 03: Supreme Power Equipment Limited(SPEL) (NSE: SUPREMEPWR), one of India’s leading manufacturers of power and distribution transformers, has successfully commenced commercial production at its new manufacturing unit located at Kannur Village, Thiruvallur District, near Chennai, Tamil Nadu. The newly commissioned facility is designed for the manufacture of power transformers up to 200 MVA and 220 kV, with an annual production capacity of 6,000–6,500 MVA. With the commencement of operations at this unit, the company’s total installed manufacturing capacity now stands at approximately 9,000 MVA per annum, significantly enhancing its production capabilities. Prior to this expansion, the company…

03 Mar

RoDTEP Rates Reduction – A Huge Shock for Exporters – Shri Shaleen Toshniwal, Chairman, MATEXIL

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Shaleen Toshniwal, Chairman – MATEXIL Mumbai (Maharashtra) [India], March 02: “The abrupt and unexpected reduction in the RoDTEP rates and the notified value caps for all HS lines by 50% has come as a big surprise and a huge shock for the exporters,” said Shaleen Toshniwal, Chairman of MATEXIL (Manmade and Technical Textiles Export Promotion Council). The DGFT (Directorate General of Foreign Trade) has reduced RoDTEP rates and the notified value caps for all HS lines by 50% vide Notification No. 60/2025-26 dated February 23, 2026. “The implementation of this notification with immediate effect will have an adverse impact on…

02 Mar

Emerald Finance Limited Accelerates EWA Growth with Multiple Employer Partnerships in February 2026

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Mumbai (Maharashtra) [India], March 02: A suite of financial products, including its flagship Earned Wage Access (EWA) solution in India, has further strengthened its EWA platform by onboarding five new employer partners between 16th February and 28th February 2026 across multiple sectors and geographies. During the period, the Company entered into strategic collaborations with: Bawa Global Synergy Private Limited, Mohali, Punjab Dharam Chand Dwarka Das Steels Private Limited, Kanpur Vera Developers Private Limited, Zirakpur, Punjab Passim Lifesciences Limited, Panchkula, Haryana Kapoor Project and Management Consultants Private Limited, Panchkula, Haryana These collaborations facilitate the implementation of the Company’s Early Wage Access…

02 Mar

Corium Introduces 2026 Italian Seating Trends to Indian Homes

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Bengaluru (Karnataka) [India], March 02: Corium, a high-end Italian furniture brand from House of HTL, unveils its latest sculptural seating collection—an elegant exploration of how contemporary homes are lived in, experienced, and shared. Designed around comfort, fluidity, and modern luxury, the new portfolio reimagines furniture not merely as functional objects, but as immersive experiences—inviting, expressive, and deeply personal. Created for evolving lifestyles, the collection brings together a refined family of sofas, sectionals, and lounge chairs that combine sculptural beauty with indulgent comfort. Soft curves, generous proportions, and thoughtful detailing define the range, making each piece as visually striking as it is welcoming.…