Business – Page 112 – THE ECONOMIC INDIA

30 Jun

Haldia Petrochemicals Pipeline Fire Injures Over 10

BusinessBusiness

New Delhi [India], June 30: There are safety measures in place for those working in a petroleum products facility, but accidents involving highly flammable materials can have far-reaching consequences. They not only compromise the safety of workers and local residents but can also disrupt transport and industrial operations. These risks have once again come into focus after a major fire at Haldia Petrochemicals in West Bengal on Tuesday. A fire at a naphtha-carrying pipeline of Haldia Petrochemicals in Purba Medinipur district injured over 10 people in the early hours of Tuesday. Once a portion of the pipeline caught fire, firefighters…

30 Jun

UPI Goes Live in Greece as India’s Digital Payments Grow

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New Delhi [India], June 30: India’s Unified Payments Interface (UPI) has reached its tenth international market with its presence in Greece. The latest launch follows UPI’s continued growth in India, where it has now captured over three-fourths of all digital merchant payments by value in May, according to Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI) data. Commerce and Industry Minister Piyush Goyal announced the launch during his official visit to Athens, where he witnessed a live demonstration of UPI transactions at the headquarters of Eurobank. The rollout has been made possible through a collaboration between…

30 Jun

7 Months, 70 Franchises: How Kesaria Textile Company Is Transforming India’s Apparel Retail Landscape

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Ritesh Modi-led Kesaria Bazaar scales to 70 franchises in seven months through a factory-direct, zero-royalty retail model. Surat (Gujarat) [India], June 30: In a remarkable demonstration of rapid business expansion, Kesaria Textile Company has established 70 franchise outlets in just seven months through its retail venture, Kesaria Bazaar. The achievement underscores the company’s vision to modernize India’s traditional apparel retail ecosystem through technology, operational efficiency, and a factory-direct business model. Founded by textile entrepreneur Ritesh Modi, the Surat-headquartered company operates from a centralized infrastructure spanning over 1 lakh square feet and has emerged as one of the fastest-growing organized players…

30 Jun

Lost Your Property Papers? You Could Still Sell Your Home Legally. Here’s How!

Shruti JoshiBusiness

Saurabh Garg, cofounder and CBO of NoBroker Bengaluru (Karnataka) [India], June 30: Losing an original property sale deed is every homeowner’s nightmare. It can stall a property sale, create panic among buyers, complicate bank approvals, and even expose owners to potential fraud risks. For NRIs and families handling property transactions remotely, the stress can multiply overnight. But here’s the good news: losing the original sale deed does not mean losing ownership of your property. Under Indian property laws, a property can still be legally sold even if the original sale deed is missing provided the correct legal process is followed.…

30 Jun

Best Proxy Comparison Tool: How ProxyPlox Shows the Real Cost Before You Buy

Shruti JoshiBusiness

New Delhi [India], June 30: Anyone who has shopped for proxies knows the odd experience of lining up two providers and still having no clue which one is cheaper. One charges by the gigabyte. The next charges per IP per month. A third quotes a price for every thousand successful requests, and a fourth folds the whole thing into a subscription with a monthly minimum you only notice at checkout. The same job can look ten times more expensive or ten times cheaper depending on which number happens to catch your eye first. That gap between the advertised price and…

30 Jun

From Three Days of Chaos to Five Minutes of Done: The New Way India Moves

Shruti JoshiBusiness#EducationIndia, 7th International Conference on Technology, AVG Logistics, home shifting, nobroker interiors, Packers And Movers, pet relocation experts

Amit Kumar Agarwal, cofounder and CEO of NoBroker Bengaluru (Karnataka) [India], June 30: Not very long ago, moving to a new city meant at least three to four days of work before a single box was packed. You would ask neighbours for recommendations, call numbers that went unanswered, get quotes over the phone that meant nothing because you had no way to verify them, and eventually pick someone based on gut feeling and hope. And then you would spend the entire moving day anxious, watching strangers handle your belongings with no idea what would happen if something broke. That was…

30 Jun

Vinit Mobile Limited SME IPO Open for Subscription, Looks to Raise Rs. 34.13 Crores

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Surat (Gujarat) [India], June 30: Vinit Mobile Limited, a growing multi-brand mobile retail company, has announced the launch of its SME IPO, currently open for subscription. Vinit Mobile IPO is a book build issue of ₹34.13 crores. The issue is entirely a fresh issue of 21,60,000 shares aggregating to ₹34.13 crore. The company has set an issue price band at ₹150 to ₹158 per share. The company will look to list on NSE SME. The issue will close on Jul 2, 2026. Comfort Securities Ltd. is the book-running lead manager, and Bigshare Services Pvt. Ltd. is the registrar of the issue. Vinit Mobile…

30 Jun

Tier-II & Tier-III Healthcare: India’s Next Growth Story

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New Delhi [India], June 30: Healthcare Sector of India is entering a new phase of evolution, with Tier -2 and Tier 3 cities emerging as the next major healthcare growth hubs of country. While all metropolitian cities continue to accounts for a good share of advanced medical infrastructure, expanding insurance related coverage, and rapid kind of urbanisation are driving demand for quality healthcare beyond the country’s largest urban centres. According to industry estimates, nearly 65% of India’s population resides in Tier-II and Tier-III cities and rural regions, yet access to tertiary and quaternary healthcare remains disproportionately concentrated in metropolitan areas.…

30 Jun

Adani Ports Sells 49% Stake in Vizhinjam Port to MSC

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New Delhi [India], June 30: Transshipment ports are playing an ever more significant role in international trade as shipping routes continue to change. Countries are spending a lot of money on infrastructure that will be able to accommodate more cargo, lower logistics costs, and better compete in global supply chains. In the same vein, India is also making efforts to construct world-class ports and make itself a competitive port destination. APSEZ has entered into an agreement with a subsidiary of the terminal operating arm of Mediterranean Shipping Company (MSC) Group, Terminal Investment Limited (TiL) for the sale of a 49%…

30 Jun

Kratikal Tech Limited raised Rs 11.22 Crore via Anchor Investors Prior to IPO Launch

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], June 30: Kratikal Tech Limited is an India-based, AI-driven Software-as-a-Service (SaaS) cybersecurity company operating across People Security Management and Technology & Process Security Services, has successfully secured a capital infusion of ₹ 11.22 crore through the anchor book process on June 29, 2026, just ahead of the company’s scheduled IPO launch. According to the exchange filing, 8 investors participated in the anchor book offering. These notable investors include: Aarth AIF Growth Fund SB Opportunities Fund II Shine Star Build Cap Pvt Ltd Finavenue Capital Trust – Finavenue Growth Fund Finavenue Capital Trust – Finavenue Strategic Fund Anubhuti Value Trust…