Business – Page 181 – THE ECONOMIC INDIA

23 Apr

Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period

Shruti JoshiBusiness

Visakhapatnam (Andhra Pradesh) [India], April 23: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a key advancement in its ongoing deleveraging efforts. The Company has redeemed ₹43.19 crore towards Non-Convertible Debentures (NCDs) in a single tranche, representing approximately 13% of its total outstanding debt, reflecting a focused approach towards balance sheet strengthening. This follows the Company’s repayment of ₹28 crore over the last two quarters. With this, total debt reduction stands at ~₹71.19 crore in the recent period, highlighting continued progress in deleveraging supported by…

23 Apr

Dev Information Technology Ltd Unit Partners Microsoft; Enters Elite Tier

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], April 23: Dev Information Technology Limited(DEV IT), (NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company offering Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, has announced the achievement of all six Microsoft Solutions Partner Designations (SPD), in conjunction with its wholly owned subsidiary, Dhyey Consulting Services Pvt. Ltd. This accomplishment places DEV IT among a select group of companies in India to hold the complete suite of Microsoft specializations, reinforcing its position as a high-maturity global IT service provider capable of delivering end-to-end digital transformation solutions. Scope of Capabilities The six Microsoft Solutions Partner Designations demonstrate…

23 Apr

Rajesh Bothra’s 7 Principles for Building Wealth Without Losing Your Values

Shruti JoshiBusiness

Rajesh Bothra, Singapore-based entrepreneur and global investor New Delhi [India], April 22: In a world that celebrates overnight success and viral shortcuts, Rajesh Bothra stands as a quiet but powerful counterpoint. The Singapore-based entrepreneur, who began his journey with almost nothing and built his way to global recognition across continents, has never been loud about his achievements. What he has always been vocal about, however, are the principles that guided him. Born in Mumbai to a Marwari family with deep roots in Rajasthan, Rajesh Bothra embodies the spirit of disciplined ambition — a rare blend of street-level grit and long-term vision. Decades…

22 Apr

Hafele Nova Digital Lock Smart Security with Advanced Access Control and Modern Design

BusinessBusiness

Hafele Nova Digital Lock New Delhi [India], April 22: Hafele strengthens its portfolio of advanced security solutions with the Nova Digital Lock, a thoughtfully engineered system designed to combine modern aesthetics with intelligent access control. As digital security solutions become an essential part of contemporary homes and offices, the Nova Digital Lock offers a reliable and convenient way to safeguard spaces while enhancing everyday convenience. The Hafele Nova Digital Lock is designed to provide seamless keyless access through multiple entry options such as PIN code, RFID card, fingerprint recognition, and smartphone connectivity. Advanced technologies such as palm vein scanning and face recognition…

22 Apr

5 Financial Protection Moves for a Secure Year Ahead

BusinessBusiness

Mumbai (Maharashtra) [India], April 22: The start of a financial year is widely associated with tax planning and investment decisions, but it also serves as a crucial moment to reassess one’s overall financial protection strategy. In India, despite steady growth in the insurance sector, overall insurance penetration remains low, pointing to a significant and persistent protection gap. Simultaneously, rising healthcare costs and growing utilisation of insurance benefits are reshaping how financial risks are experienced and managed at the household level. IRDAI data shows that health insurance claims in FY25 rose by 21.18%, reflecting a sharp increase in utilisation and, in turn, greater dependence on…

22 Apr

Harshul Rai: Building the Manufacturing Backbone of Modern Healthcare

BusinessBusiness

New Delhi [India], April 22: Harshul Rai leads Contract Development and Manufacturing Organization (CDMO) that has its offices in Indore, which offer end-to-end product development and manufacturing services to healthcare, nutraceutical, and cosmetic brands. He operates in the back office to the healthcare system and helps the brands to sell safe, reliable, and affordable products to the market rather than provide particular hospital or clinical services. This stance is very crucial in the modern healthcare sphere where accessibility, the quality of products, and trust add to the level of timeliness of access and hospital care. Understanding the CDMO Role H&H…

22 Apr

Platinum Corp. performs Bhoomi Poojan for Platinum Stellar, Santacruz West’s premium address with Bespoke Presidential Suites

BusinessBusiness

Mumbai (Maharashtra) [India], April 22: In a market crowded with luxury developments, Platinum Stellar stands out in a league of its own. The latest offering from the acclaimed Platinum Corp., a developer backed by over 15 years of trust and 1.75 million sq. ft delivered across Mumbai’s prime suburbs, Platinum Stellar offers expansive, immersive living experiences tailored for the city’s most discerning homebuyers and investors. The project’s design-first approach and understated approach to luxury is underscored by a design collaboration with celebrity interior designer Sussanne Khan, whose expert touch accentuates the depth and character of the project’s distinct design language. Platinum…

22 Apr

Très 2026 Returns to Andaz Delhi: Unveiling India’s Premier Boutique Travel Showcase

BusinessBusiness

New Delhi [India], April 22: Très 2026, the sixth edition of this exclusive, by-invitation-only B2B travel event, is set to captivate the luxury travel trade on April 23-24, 2026, at Andaz Delhi. This curated platform celebrates authentic, sustainable hospitality from the Indian subcontinent, uniting 75 handpicked boutique hotels, palaces, havelis, jungle lodges, wellness retreats, and innovative travel concepts. Organized annually since 2006, Très fosters meaningful connections among travel designers, destination management companies, and media through over 1,500 one-to-one focused meetings and Ignite Sessions led by industry experts. These sessions explore future travel trends, sustainability, and experiential narratives shaping the subcontinent’s…

22 Apr

Indo Caribbean Chamber of Commerce for Development – ICCCD Appoints Economist Shivdutt Das as Global President

BusinessBusiness

New Delhi [India], April 22: The Indo Caribbean Chamber of Commerce & Development (ICCCD) proudly announces the appointment of renowned economist Shivdutt Das as its new Global President. This strategic leadership move aims to strengthen economic ties between Indo-Caribbean communities and global markets, fostering trade, investment, and sustainable development. Shivdutt Das brings extensive expertise in economics, infrastructure finance, and international business, with a career spanning projects in India, Japan, MEA, Qatar, and across the Caribbean. Under his guidance, ICCCD will prioritize public-private partnerships, cultural-economic initiatives, and opportunities for diaspora businesses. “We are thrilled to have Shivdutt Das lead ICCCD into…

22 Apr

Tier II and III Cities Anchor India’s EV-Led Logistics Shift: Pushpank Kaushik, CEO, Jassper Shipping

BusinessBusiness

Hyderabad (Telangana) [India], April 22: India’s logistics landscape is undergoing a structural realignment, moving away from traditional metro hubs to Tier II and Tier III cities. These regions, once seen primarily as consumption centres, are now emerging as key drivers of both e-commerce demand and logistics activity. This transition is backed by rising disposable incomes, deeper digital adoption, and the rapid expansion of e-commerce platforms into non-metro markets. According to JMK Research, EV penetration in these cities has already reached over 10% in Tier II and nearly 9% in Tier III markets, highlighting their growing role in the next phase of…