Business – Page 126 – THE ECONOMIC INDIA

17 Jun

UMC Hospitals Achieves a Landmark Milestone with Its First IVUS-Guided Coronary Intervention, Advancing Cardiac Care in Navi Mumbai

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], June 17: Unihealth Hospitals Limited (NSE: UNIHEALTH | INE0PRF01011), is proud to announce the successful completion of its first Intravascular Ultrasound (IVUS)-Guided Coronary Intervention at UMC Hospitals, Navi Mumbai, marking a significant advancement in the hospital’s cardiac care capabilities and reaffirming its commitment to bringing world-class healthcare solutions to patients across Navi Mumbai and neighbouring regions. The procedure was successfully performed by Dr. Shrikant Naigude, utilizing advanced intravascular imaging technology to achieve enhanced precision in the diagnosis and treatment of coronary artery disease. Intravascular Ultrasound (IVUS) is a highly sophisticated imaging technology that uses a miniature ultrasound probe mounted on the tip of…

17 Jun

ArcelorMittal Nippon Steel India launches Zagnelis® Protect – world class, patented steel for next generation automotive manufacturing, supporting

Shruti JoshiBusiness

Surat (Gujarat) [India], June 17: ArcelorMittal Nippon Steel India (AM/NS India) today announced the launch of Zagnelis® Protect, a premium Zinc–Aluminium–Magnesium coated steel brand designed for high-performance automotive applications. Proven across European markets, ArcelorMittal’s patented Zagnelis® Protect coatings mark a first of its-kind manufacturing capability in India, which is the world’s third largest automotive producer. Until now, steel products of comparable technological capability and quality were entirely imported. With this launch from Chennai in the presence of a group of key customers, ArcelorMittal Nippon Steel India has become the first company to introduce a high-quality, premium Zinc–Aluminium–Magnesium coated steel brand…

17 Jun

Yellow Slice Partners with UserTesting to Bring World-Class Human Insight to India’s Booming Digital Market

BusinessBusiness

New Delhi [India], June 17: Yellow Slice, the leading provider of user experience and design services, today announced its partnership with UserTesting, the leading provider of customer insights for the enterprise.,. This partnership will allow Yellow Slice to offer its clients enhanced user feedback services, providing insights into how their products and services are used and perceived by their target audience. “We are delighted to partner with UserTesting to bring our clients even more valuable insights into the user experience, “ said Kishor Fogla (CEO of Yellow Slice). By incorporating UserTesting’s cutting-edge feedback technology into our services, we will be able…

17 Jun

PNB MetLife Launches Multifactor Index Fund: An All-Weather Approach to Factor-Based Investing

BusinessBusiness

New Delhi [India], June 17: Different investments tend to perform differently across market cycles. As a result, many investors are increasingly looking at approaches that combine multiple investment factors rather than relying on a single pattern of investing. For investors seeking a structured approach to long-term wealth creation, PNB MetLife has launched the PNB MetLife Multifactor Index Fund at an initial Net Asset Value (NAV) of ₹10 for proposals applied from 15 June to 29 June 2026 and issued on 30th June beyond which prevailing NAV will be applied. The new fund offers structured exposure to a customised index based on the NSE Nifty500 Multifactor MQVLv…

17 Jun

From Industrial Powerhouse to Investment Magnet: Why PCMC is Emerging as Pune’s Next Growth Corridor

BusinessBusiness

New Delhi [India], June 17: For decades, the Pimpri-Chinchwad Municipal Corporation (PCMC) region was synonymous with manufacturing excellence and automotive production. Home to some of India’s leading industrial establishments, the region built its reputation as one of Maharashtra’s most significant industrial hubs. Today, however, PCMC is undergoing a remarkable transformation, evolving into a dynamic mixed-use economic hub that is attracting investors, businesses, and homebuyers alike. Infrastructure and Economic Expansion Fueling Growth The transformation of PCMC is being driven by a strong combination of infrastructure development, economic diversification, and urban expansion. While manufacturing continues to be a key pillar of the…

17 Jun

Men’s and women’s ethnic wear selling company ‘Riyaasat Lifestyle Ltd’s Rs. 30.77 crore IPO opens on June 18

BusinessBusiness

The company’s IPO will open on June 18 and close on June 22, 2026 Ahmedabad (Gujarat) [India], June 17: Ahmedabad-based ‘Riyaasat Lifestyle Limited’ is a company engaged in the sale of ethnic wear for men and women. The company is bringing an IPO on the BSE SME platform to raise funds for the proposed capital expenditure for establishing 4 new showrooms, meeting working capital requirements, and general corporate purposes. The team of Business Remedies has obtained information regarding the company’s business activities from the company’s prospectus. Information Regarding the IPO: The IPO of ‘Riyaasat Lifestyle Limited’ will open on June…

16 Jun

Unihealth Hospitals Announces Strategic Share Swap to Increase Stake in Uganda’s Victoria Hospital

BusinessBusiness

Mumbai (Maharashtra) [India], June 16: Unihealth Hospitals Limited (NSE: UNIHEALTH | INE0PRF01011), an integrated healthcare services provider listed on NSE Emerge, today announced that it proposes to increase its stake in Victoria Hospital Limited (“Victoria Hospital”), a healthcare company incorporated in Uganda, through a strategic share-swap arrangement with the existing shareholders of Victoria Hospital. Unihealth presently holds 50% equity in Victoria Hospital Limited, with the remaining 50% being held by its partners based in Uganda. Under the proposed transaction, Unihealth intends to acquire additional ordinary shares of Victoria Hospital Limited from its partners by issuing equity shares of Unihealth to…

16 Jun

Bengaluru Successfully Hosted the Inaugural Edition of dealclave, a Leadership Forum for Real Estate Leaders

BusinessBusiness

Bengaluru (Karnataka) [India], June 16: As Bengaluru’s real estate sector evolves on the back of global capital flow, new-age technology-backed business operations, and contemporary ownership models, the traditional ways of investing in property are waning. Shedding light on the current and forthcoming trends in the real estate sector on June 15 for the premiere edition of Dealclave – an especially curated event designed to initiate conversations to help shape the sector’s future. A brainchild of Himanshu Kumar, Founder and CEO of Leadrat and a real estate entrepreneur, the premiere edition of DealClaves saw the who’s who of the real estate sector, including developers, brokers, investors, PropTech founders, and business leaders, etc.,under…

16 Jun

Meme Coins Enter a New Era as MemeToro Introduces AI-Driven Infrastructure

BusinessBusiness

New Delhi [India], June 16: The memecoin sector is entering a very different phase from previous market cycles. For years, meme projects depended almost entirely on viral momentum and short-term speculation. While community culture still remains central to the space, traders are increasingly demanding stronger utility and more interactive participation systems. That shift is helping a new category of AI memecoin ecosystems gain momentum. MemeToro is positioning itself directly within that emerging trend by combining creator infrastructure, AI-powered trading tools, and prediction systems into one participation-focused ecosystem. Meme Coins Are Moving Beyond Pure Speculation The broader meme economy is becoming more…

16 Jun

Repono Limited Signs Landmark 20-Year, Multi-Crore Agreement with Reliance Industries Limited for Greenfield Petroleum Oil Terminal

Shruti JoshiBusiness, Press Release

Mumbai (Maharashtra) [India], June 16: Repono Limited (BSE- REPONO | 544463 | INE15WN01014), a leading Operations and Maintenance (O&M) and 3PL company in the petroleum and petrochemical sector, today announced the signing of a landmark, long-term agreement with Reliance Industries Limited (RIL) for a greenfield petrol, diesel and ethanol storage terminal in western Uttar Pradesh. The 20-year contract is a multi-crore engagement under which Repono will undertake the complete lifecycle of a large-scale, greenfield, rail-fed Petroleum Oil (POL) terminal in western Uttar Pradesh (UP). Reflecting a comprehensive end-to-end scope, Repono will handle the entire Engineering, Procurement and Construction (EPC) phase and subsequently assume complete responsibility for the Operations and Maintenance (O&M) of…