Business – Page 146 – THE ECONOMIC INDIA

30 Jan

Cupid Limited Receives CE (EU IVDR) Certification for HIV 1&2 and Hepatitis B IVD Test Kits, Expanding Global Market Access in Diagnostics

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Cupid Limited, (BSE – 530843, NSE – CUPID), a diversified Indian healthcare and consumer products company with a growing focus on in-vitro diagnostics (IVD),wellness, and personal care, announced that it has received CE (EU IVDR) Certification for two in-vitro diagnostic (IVD) products – the CupiKIT HIV 1&2 Antibody Test Kit and the CupiKITHepatitis B Surface Antigen (HBsAg) Test Kit. The certifications have been granted under the European Union In Vitro Diagnostic Regulation (EU) 2017/746 (IVDR), among the most stringent regulatory standards globally. These approvals enable Cupid Limited to market the certified products across the European Economic Area (EEA) and other CE-recognized international markets. The approvals mark a…

30 Jan

ACMA Automechanika New Delhi 2026 set to host its Largest Edition with 870+ Exhibitors from 20 countries

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New Delhi [India], January 30: ACMA Automechanika New Delhi 2026, India’s largest ever sourcing expo for aftermarket and auto components, will take place from 5–7 February 2026 at Yashobhoomi (IICC), Dwarka, marking its largest edition to date with over 870+ exhibitors from 20 countries. The expanded edition comes against the backdrop of strong industry momentum. India’s automotive components industry recorded 8% export growth in the past year, while the domestic aftermarket grew 6% in FY2025, driven by an ageing vehicle base, increasing formalisation of service networks, and growing adoption of digital and direct-to-consumer channels. The scale of the 2026 edition reflects…

30 Jan

AI Film Studio TakeTwo Secures Funding at 100-Crore Valuation in Pre-Seed Round

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New Delhi [India], January 29: In a major inflection point that could alter the country’s filmmaking technology and increase the market share of Indian production ventures on a global scale, TakeTwo, an AI-native film studio specialising in high-end visual storytelling, has announced that it has secured fresh capital at a Rs. 100 crore valuation in its pre-seed round. The investment round features participation from US-based Afore Capital, recognised as the world’s largest pre-seed venture firm, and Canada’s Inovia VC. The company’s founders, Rudresh Upadhyaya (CEO) and Raghav Katta (CTO), recently emerged from Y Combinator’s AI Startup School and have quickly…

30 Jan

Indowind Energy Reports 29.4 Percent YoY EBITDA Growth for 9M FY26; Unveils Fund Raising, Investment Plan

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Chennai (Tamil Nadu) [India], January 30: Indowind Energy Limited (BSE: 532894 | INE227G01018 | NSE: INDOWIND), which is engaged in the generation and distribution of power through windmills, has announced its unaudited financial results for Q3 & 9M FY26 along with Key Capital, Funding and Investment Updates. Key Financial Highlights Q3 FY26 Consolidated Financial Highlights • Total Revenue of ₹ 6.19 Cr, YoY growth of 5.03% • EBITDA of ₹ (0.42) Cr, YoY decline by 138.39% • EBITDA Margin (%) of (6.84%), YoY decline by 2,557 Bps • Net Profit of ₹ 0.35 Cr, YoY growth of 656% • Net…

30 Jan

Chandan Healthcare Awarded 10-Year PPP Contract in Assam; Combined PPP Contract Portfolio in Punjab and Assam Now Worth INR 550 Cr

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Lucknow (Uttar Pradesh) [India], January 30: Chandan Healthcare Limited (NSE – CHANDAN), – Chandan Healthcare Limited, one of the leading diagnostic and healthcare services providers in North India, has been awarded a Public Private Partnership (PPP) project in Assam. The project involves the development, operation, and maintenance of a state-of-the-art Radiology Imaging Diagnostic Centre at the Northeast Frontier Railway Central Hospital (NFRCH), Malegaon, Assam. The contract has been awarded for a period of 10 years. In the past two months, the Company has secured PPP projects across eight district hospitals in Punjab and an additional railway hospital in Assam. The cumulative value of these projects stands at ₹550 Cr over a ten-year period,…

30 Jan

Red Chief Brand Welcomes Bollywood Star Ayushmann Khurrana as Its New Brand Ambassador

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New Delhi [India], January 30: Red Chief, one of India’s leading homegrown footwear brands, has announced the appointment of iconic Bollywood star Ayushmann Khurrana as its new brand ambassador. The association aims to deepen the brand’s connect with aspirational, style-conscious consumers across metros, tier 1, 2 and 3 cities. Mr. Manoj Gyanchandani, Managing Director, Leayan Global Pvt. Ltd, said: “In Ayushmann Khurrana, we have found a partner who truly embodies the spirit of Red Chief – authentic, committed and constantly pushing boundaries while staying deeply rooted. His pan-India appeal across all age groups makes him the perfect face for our…

30 Jan

Cupid Limited Delivers Record Q3 FY26 Performance with 201 percent YoY Growth in EBITDA

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Mumbai (Maharashtra) [India], January 30: Cupid Limited (Cupid, The Company), announced that it delivered the strongest quarter in its history during Q3 FY26 (quarter ended 31 December 2025), driven by strong execution, healthy demand, and sustained momentum across its businesses. The Company continues to witness strong operating traction, with both Q3 and Q4 FY26 tracking at a higher run-rate, positioning them to be record quarters, Supported by a record order book, improved execution visibility, and steady demand across segments. This Business momentum is expected to continue into FY27 and beyond. Key Consolidated Financial Highlights Consolidated Key Financial Highlights Q3 FY26 • …

30 Jan

Parvinder Singh Gahlaut talks about IPL’s Diversification into Dairy, Cattle Feed, Sugar, and Rural Warehousing

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New Delhi [India], January 30: Indian Potash Limited, incorporated in 1950s, was the pioneering force for the promotion of balanced potash use among farmers, transforming this obscure nutrient into the cornerstone of crop productivity for decades by boosting crop yields across lakhs of villages. India Potash Limited has now propelled into a multifaceted agri-ecosystem player through farmer centric diversification. The Managing Director of Indian Potash Limited, PS Gahlaut, a champion of sustainable agricultural innovation and farmer empowerment, decodes this diversification journey of Indian Potash Limited. Indian Potash Limited (IPL) is intensifying its rural warehousing push by harnessing its deep port expertise…

29 Jan

Impact of India-EU FTA: European Clean-Tech Companies Pivot Toward Indian Market; Swedish Firm Announces Investment

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Panaji (Goa) [India], January 28: Following the announcement of the India-European Union Free Trade Agreement (FTA) by Prime Minister Narendra Modi, European tech companies have begun demonstrating strategic interest in the Indian market. During ‘India Energy Week’ held in Goa, it became evident that this agreement is not limited to trade alone, but is a significant step toward establishing India as a global manufacturing hub. While the FTA has primarily been in the spotlight for potential import duty cuts on automobiles and wine, experts believe that European clean-tech companies are now viewing India not just as a massive market, but as an active…

29 Jan

V6 Clinics Announces Partner-Led Expansion to 100 Clinics Across India by 2029

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New Delhi [India], January 29: V6 Clinics today announced a structured pan-India expansion plan to establish 100 clinics by March 2029, as India’s healthcare market increasingly shifts toward long-term, preventive, and outcome-driven care. The expansion is backed by a USD 2 million seed investment and will be executed through a partner-led, capital-efficient model designed to scale medically governed healthcare delivery across the country. The first phase of expansion will commence in early 2026 with 12–15 clinics across Tier 1 cities, including Delhi NCR, Mumbai, Bengaluru, Hyderabad, Pune, and Chennai, alongside selective entry into high-potential Tier 2 markets such as Chandigarh,…