Business

Marathon Realty Sees Robust Uptake at NeoHomes, Bhandup with 100 Homes Sold in 3 Days
05 May

Marathon Realty Sees Robust Uptake at NeoHomes, Bhandup with 100 Homes Sold in 3 Days

Shruti JoshiBusiness
New Delhi [India], May 5: Marathon Realty, one of Mumbai’s leading real estate developers, has recorded a significant sales milestone at NeoHomes – its Bhandup based residential development. The company sold 100 homes in a span of just 3 days following the launch of a new wing at Marathon NeoHomes – NeoValley Narmada in Bhandup. The sales value of the sold inventory stands at approximately ₹60 crore.The swift sales momentum highlights Bhandup’s emergence as a residential hub because of its excellent connectivity via Central Railway, LBS Marg, the upcoming Metro Line 4 and the Eastern Express Highway. The launch also underlines a wider market…
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Shreyas Group to promote Entrepreneurship
05 May

Shreyas Group to promote Entrepreneurship

Shruti JoshiBusiness, Press Release
Hyderabad (Telangana) [India], May 5: Shreyas Group, led by Founder Gandra Srinivas Rao, has announced a major expansion roadmap, focusing on building a powerful media, events, sports, and experience-driven ecosystem across India. The key highlight of this announcement is the launch of a village & town-level entrepreneurship model, aiming to create 10,000 entrepreneurs in Phase-1 across Andhra Pradesh and Telangana.  Introduces Village & Town Entrepreneurship Model Shreyas Group is launching a grassroots entrepreneurship model, empowering youth and fan communities across Andhra Pradesh and Telangana. Individuals can become Shreyas representatives in their villages and towns, generating leads across events, real estate,…
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Gujarat Cotex to Raise Rs. 42.73 crore via Rights Issue; Rights Renunciation Ends Today – May 5
05 May

Gujarat Cotex to Raise Rs. 42.73 crore via Rights Issue; Rights Renunciation Ends Today – May 5

Shruti JoshiBusiness
Share in Rights Issue is offered at Rs. 5 per share as compared to current trading price of Rs. 12.2 per share New Delhi [India], May 5: Gujarat Cotex Ltd (BSE – 514386), a diversified company across textiles, real estate, hospitality and agro commodity trading businesses plans to raise Rs. 42.73 crore from its Rights Issue to funds its expansion plans. The Rights Issue opened for subscription on April 10 and will close on May 08, 2026. The Rights Issue is priced at Rs. 5 per share, offering existing shareholders an opportunity to increase their equity in the company. Share…
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Empower India Limited Announces Signing of Term Sheet for Strategic Cross-Border Acquisition of UAE-Based MABIL
05 May

Empower India Limited Announces Signing of Term Sheet for Strategic Cross-Border Acquisition of UAE-Based MABIL

Shruti JoshiBusiness
Ahmedabad (Gujarat) [India], May 5: Empower India Limited (BSE – 504351, NSE – EMPOWER), a company traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), is pleased to announce the signing of a term sheet for the proposed acquisition of a majority stake in MABIL, a prominent UAE-based entity.  The transaction is structured as a strategic cross-border acquisition to be executed through a share swap arrangement. This all-equity structure is designed to align the longterm interests of both entities, resulting in a unified ownership framework upon completion. Strategic Rationale and Market Expansion This acquisition marks…
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Lehar Footwear Announces 5x Capacity Expansion with New Technology-Enabled Manufacturing Facility
05 May

Lehar Footwear Announces 5x Capacity Expansion with New Technology-Enabled Manufacturing Facility

Shruti JoshiBusiness
New Delhi [India], May 5: Lehar Footwears Limited (BSE – LEHAR | 532829 | INE976H01018), announced a major expansion of its manufacturing footprint with the addition of a new, large-scale facility in Kundli, Haryana, aimed at strengthening its presence in the fast-growing athleisure and sports footwear segment. The facility will focus on manufacturing sports shoes and related products, marking a significant step-up in the company’s capabilities and reinforcing its strategic shift toward higher-value product categories. As part of this expansion, the company has signed a rent agreement for the proposed facility, which is expected to substantially scale up production capacity from approximately 1 lakh pairs…
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The Rs 50,000 Crore Problem India’s Software Industry Refuses to Talk About — And How Algoshack Technologies Is Solving It from Bengaluru
05 May

The Rs 50,000 Crore Problem India’s Software Industry Refuses to Talk About — And How Algoshack Technologies Is Solving It from Bengaluru

Shruti JoshiBusiness, ,
Vadeesh Budramane — Founder & CEO, AlgoShack Technologies Bengaluru (Karnataka) [India], May 4: India’s enterprises are hemorrhaging thousands of crores every year due to broken software testing. AlgoShack Technologies, with its algoQA platform, is building the solution — and the results from real-world deployments are hard to ignore.  India builds some of the world’s most sophisticated software. It also loses billions by testing it the wrong way. Every year, Indian enterprises spend upwards of ₹50,000 crore on software development. Between 25 and 35 percent of that investment is quietly consumed by software testing – a function most boardrooms treat as a…
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Harshdeep Hortico Reports Strong H2 FY26
05 May

Harshdeep Hortico Reports Strong H2 FY26

Business
Mumbai (Maharashtra) [India], May 4: Harshdeep Hortico Limited (BSE: HARSHDEEP), specializing in the manufacture and export of pots, planters, garden accessories, and outdoor furniture; announced its Unaudited financials for H2 FY26. Key H2 FY26 Financial Highlights Key Financial Highlights (Consolidated) – H2 FY2025-26 Revenue for H2 FY2025–26 was ₹36.07 crore, compared to ₹31.45 crore in H2 FY2024 – 25, reflecting a year-over-year growth of 15%. Profit Before Tax (PBT) for H2 FY2025–26 stood at ₹6.82 crore, up from ₹5.48 crore in H2 FY2024–25, marking a year-over-year increase of 25%. Profit After Tax (PAT) for H2 FY2025–26 was ₹6.82 crore versus…
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P.C. Chandra Group honours Shri Javed Akhtar with the 33rd P.C. Chandra Puraskaar, celebrating his iconic contribution to Indian Cinema & Literature
04 May

P.C. Chandra Group honours Shri Javed Akhtar with the 33rd P.C. Chandra Puraskaar, celebrating his iconic contribution to Indian Cinema & Literature

Business
Suvro Chandra, Joint Managing Director, P.C. Chandra Jewellers, A.K. Chandra, Managing Director, P.C. Chandra Group, Shri Javed Akhtar, Shri Goutam Ghosh, and Prosenjit Chandra, Director, P.C. Chandra Jewellers Kolkata (West Bengal) [India], May 4: P.C. Chandra Group, an 85-plus-year legacy and one of the leading business houses from the East, with its esteemed luxury jewellery brand P.C. Chandra Jewellers, conferred the prestigious 33rd P.C. Chandra Puraskaar upon the legendary wordsmith Shri Javed Akhtar at a grand ceremony in Kolkata. Instituted by the P.C. Chandra Group, this award recognizes exceptional achievements across diverse fields, honouring the legacy of its visionary founder, Shri Purna…
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Munoth Hedge Fund Hosted ‘ONE/2’ – A Thought Leadership Conference at IIMA Ventures, Ahmedabad
04 May

Munoth Hedge Fund Hosted ‘ONE/2’ – A Thought Leadership Conference at IIMA Ventures, Ahmedabad

Business
Ahmedabad (Gujarat) [India], May 2: Ahmedabad (Gujarat) [India], May 4: Munoth Hedge Fund (MHF), a SEBI-registered Alternative Investment Fund (AIF Category III), hosted its semi-annual conference “ONE/2,” at IIMA Ventures, Ahmedabad, on May 1, 2026. Managed by Munoth Capital Market Limited (MCML), under the leadership of Siddharth Jain, MHF continues to position itself at the intersection of capital, research, and informed dialogue. Vidhi Kankaria, also from the Munoth Hedge Fund leadership team, curated ONE/2 to cover the breadth of investments. Starting from venture capital, to secondary markets, a whole range of alternative asset classes were discussed. The event convened 100+ people from different professional…
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Sejal Glass Limited Posts Robust FY26 Performance Crossing Rs 400 Cr Total Revenue up 63.85% and Net Profit Surges 163.19%
04 May

Sejal Glass Limited Posts Robust FY26 Performance Crossing Rs 400 Cr Total Revenue up 63.85% and Net Profit Surges 163.19%

Business
Mumbai (Maharashtra) [India], May 4: Sejal Glass Limited (Sejal Glass, The Company), (NSE Code: SEJALLTD/ BSE Code: 532993), one of the leading players in the architectural glass industry, specializing in high-quality glass solutions, has announced its Audited Financial Results for Q4 FY26. Key Consolidated Financial Highlights  Particulars (₹ Cr)Q4 FY26Q4 FY25YOYFY 26FY25YOYTotal Income116.8567.9072.09%401.36244.9563.85%EBITDA20.479.84108.03%66.3235.3487.66%EBITDA Margin17.52%14.49%303 Bps16.52%14.43%210 BpsNet Profit11.423.78202.12%29.0311.03163.19%Net Profit Margin9.77%5.57%420 Bps7.23%4.50%273 BpsEPS (In ₹) (Diluted)9.603.75156.00%27.1210.85149.95% Commenting on the performance, Mr. Amrut Gada, Promoter of Sejal Glass Limited, said, “We are pleased to report a strong close to FY26, with the Company delivering its highest ever quarterly performance in Q4, supported by robust execution and sustained demand across key segments. During the year, we successfully surpassed our revenue guidance, with total income crossing ₹401 Cr, reflecting consistent growth…
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