Business – Page 126 – THE ECONOMIC INDIA

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.…

02 Mar

From Clinics to Corporates: How Voll Sante is Redefining India’s Wellness Economy

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Mumbai (Maharashtra) [India], March 02: India’s wellness economy is no longer being shaped inside clinics. It is being shaped inside office cabins, factory floors, and late-night work calls. The cost of India’s hustle culture is now showing up not just in burnout conversations, but in falling energy levels, early-onset deficiencies, and productivity losses that cannot be addressed through quick fixes. For companies, health has quietly become an economic variable. For decades, the corporate world’s approach to wellness was reactive. Nutrition and supplements entered the picture only after a diagnosis, a prescription, or a visible health concern. Clinics have always been…

02 Mar

Brother-Sister Duo Leading Through Dubai’s Real Estate Trust Crisis

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New Delhi [India], March 02: The co-founders of Treÿsta are not strangers to the real estate world, far from it. Vaibhav brings years of hands-on construction and development experience from India, with deep expertise in prices, built-up area calculations, and what truly separates a sound investment from one that simply looks good on the surface. For Vaibhav, real estate was never about commissions; it was about foundations. Simran, on the other hand, came from the Canadian real estate market, advising high-net-worth individuals on property portfolios and multi-asset holdings, sharpening her eye for long-term value and igniting a genuine passion for…

28 Feb

QGroup Partners with Indian Institute of Technology Madras Alumnus Deepak Choubey to Launch Sliq Group in India

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Sliq Group Launched to Build Digital Products from India for Global Markets Mumbai (Maharashtra) [India], February 28: A Swedish billion-dollar global technology collective is making its move into India’s product engineering landscape. Operating across more than 15 countries, QGroup has partnered with Indian technology entrepreneur Deepak Kumar Choubey to launch Sliq Group (Software Labs India with QGroup), a new IT venture aimed at building globally competitive digital products from India. The partnership brings together Mikael Kretz, Hakan Paulsson, and Jon Carvell, Founder and Executive Director at QGroup, and Deepak Choubey, an IIT Madras alum with experience spanning organisations from CERN…

28 Feb

Globe Civil Projects Limited Secures Rs 98.85 Crore Residential Project at IIT Delhi Extension Campus

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New Delhi [India], February 28: (NSE: GLOBECIVIL | BSE: 544424), a company engaged in civil construction and infrastructure development, announced that it has been identified as Lowest Bidder in the tender process for a construction project floated by the Indian Institute of Technology Delhi. The project pertains to the construction of a Residential Building (3B+G+11) including allied services at the IIT Delhi Extension Campus, Sector-3, R.K. Puram, New Delhi. The total project value stands at ₹98.85 crore, with a stipulated completion period of 18 months. The tender was opened on February 27, 2026, through the Government E-Procurement System, and the…

28 Feb

Meet 10 Influential Icons Creating Waves of Innovation and Impact in 2026

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New Delhi [India], February 28: Across industries as diverse as infrastructure, technology, immigration, digital marketing, manufacturing, spirituality, media, and facility management, a new generation of visionary leaders is reshaping India’s entrepreneurial and professional landscape. These founders and changemakers are not only building successful enterprises but are also setting new benchmarks in innovation, ethics, sustainability, and global impact. Their journeys reflect resilience, strategic foresight, and a deep commitment to creating meaningful transformation within their sectors and communities. 1. Roopashri K Clean4u Services Pvt. Ltd., co-founded and led by Roopashri K, is redefining India’s professional cleaning and facility management landscape. Established in…