Business – Page 190 – THE ECONOMIC INDIA

27 Nov

Clear Secured Services Limited IPO Opens on December 01, 2025

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Mumbai (Maharashtra) [India], November 27: Clear Secured Services Limited (The Company, CSSL) is a nationwide integrated facility management and security solutions provider, proposes to open its Initial Public Offering on Monday, December 01, 2025 aiming to raise ₹ 85.60 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 64,85,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 125 – ₹ 132 Per Share. Equity Share Allocation Anchor Portion – Up To 18,48,000 Equity Shares Qualified Institutional Buyer – Up To 12,32,000 Equity Shares Non-Institutional Investors – Not less than 9,24,000 Equity Shares Retail Individual Investors – Not…

26 Nov

Shepherd’s Hill Group Hosts Inaugural Edition of SmallCap Spotlight at the BSE

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Mumbai [India], November 26: The inaugural edition of SmallCap Spotlight (SCS) was successfully held on 22 November 2025 at the iconic rotunda of the Bombay Stock Exchange, bringing together a diverse set of dynamic small-cap companies on one platform. An initiative of Shepherd’s Hill Group (www.shepherdshill.in), an India-based investment adviser and asset manager, SCS is dedicated to showcasing the stories, aspirations and growth journeys of emerging enterprises and the entrepreneurs who power them. The event was graced by the esteemed presence of: Mr Shailesh Haribhakti, a pioneering advocate of ESG, CSR, and sustainable business practices, whose distinguished five-decade career as a…

26 Nov

IDFC FIRST Bank Collaborates with FPSB India as an ‘Approved Corporate Partner’ to Advance Financial Planning Excellence in the Country

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Mumbai (Maharashtra) [India], November 21: IDFC FIRST Bank signed an MoU with FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., as an Approved Corporate Partner (ACP), marking a significant step toward strengthening professional standards in financial planning and advancing upskilling opportunities for its management and private banking team within the banking sector. MoU aims to deepen financial planning expertise, empower professionals, and drive ethical growth within the private banking space. FPSB India to upskill IDFC FIRST Bank’s Wealth Management Regional Managers through specialized training and certification programs The Memorandum of Understanding (MoU) was signed under FPSB India’s ACP initiative,…

26 Nov

Ironwood Appoints Balaji Raghavan to Lead Affordable Housing Portfolio

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Mumbai (Maharashtra) [India], November 26: Ironwood has appointed Balaji Raghavan to lead its affordable housing and real estate development initiatives, strengthening its position in one of India’s most resilient residential segments. This follows Ironwood Education Limited’s agreement to acquire 100% of Trio Infrastructure Private Limited (TIPL) through a share swap, as disclosed in its BSE filing dated February 26, 2025. The no-cash transaction makes TIPL a wholly owned subsidiary of Ironwood. On November 25, 2025, the Board of Directors also approved raising funds through a preferential issue or private placement and appointed Raghavan as Additional Director and Managing Director. Further,…

26 Nov

DevDarshan Overseas: Faith, Fragrance, and a Family Vision Since 1954

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New Delhi [India], November 26: Across India, mornings often begin with a simple ritual. A quiet prayer, a lamp being lit and a gentle fragrance filling the room. Behind that everyday moment sits decades of effort, belief and careful craftsmanship. DevDarshan Overseas has been part of that story since 1954, when Late Sh. Sagar Chand Jain started a small unit in Samana, Punjab with just ₹1,500 and a clear dream. From that modest beginning, the company has grown into one of the fastest growing names in spiritual and home-fragrance products, while still staying true to its roots in purity and…

26 Nov

Praveg Limited Secures Prestigious Government Mandate for Sardar Patel at 150th Unity March – Pad Yatra

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Ahmedabad (Gujarat) [India], November 26: Praveg Limited, a leading integrated events and experiential tourism company, is pleased to announce that it has received a major work order from the Sports, Youth Service and Cultural Activities Department, Government of Gujarat, Gandhinagar, Gujarat, for the execution of the Sardar Patel @ 150th Unity March – Pad Yatra, a nationally significant event scheduled from November 25, 2025 to December 6, 2025. The March commence from Karamsad and conclude at the Statue of Unity, Kevadia. Speaking on the occasion, Dr. CA Vishnu Patel, Chairman of Praveg Limited, said, “We are truly honoured to receive this prestigious…

26 Nov

Francis Charlie D’Souza — The Visionary Leader Redefining Real Estate Standards in Mumbai

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Mumbai (Maharashtra) [India], November 26: In the fast-evolving world of Mumbai real estate, where trust and innovation are essential, Francis Charlie D’Souza has emerged as a visionary leader who blends modern design, sustainability, and uncompromising integrity. Over the years, he has become a respected name in property development across Malad and Goregaon, where his projects are transforming the urban lifestyle for thousands of homebuyers. A Journey Driven by Passion and Purpose From the very beginning of his career, Francis Charlie D’Souza believed that real estate development should be more than constructing buildings — it should create meaningful communities. His mission has…

26 Nov

The Grand New Delhi Unveils an Exciting New Sunday Brunch at DKK & DKK Garden

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New Delhi [India], November 26: The Grand New Delhi is set to redefine weekend indulgence with the launch of its vibrant Sunday Brunch, starting from November 30, 2025, at Dilli Kanteen Kitchen (DKK) and the scenic DKK Garden. Crafted for guests who love flavour-packed experiences, lively music, and relaxed afternoons, the new brunch promises a deliciously memorable start to every Sunday. The experiences have been curated under the guidance of Restaurant Manager, Mr Bikram Kharayat, whose expertise brings a refined yet inviting touch to the brunch experience. The culinary selection is led by Director of Culinary Sourabh Chandel, who adds his signature creativity and modern approach…

26 Nov

NAFED Showcases Farmer-Centric Innovation and Quality Products at IITF 2025

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New Delhi [India], November 26: National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) is making a substantial impact at the India International Trade Fair (IITF) 2025, currently underway at Bharat Mandapam, New Delhi. With a vibrant pavilion, NAFED is highlighting its farmer-centric initiatives, diverse product portfolio, and technology-driven advancements. A key attraction is the participation of NAFED-supported Farmer-Producer Organisations (FPOs). These FPOs have set up dedicated stalls, displaying a range of unique products including honey, dry fruits, saffron, pickles, millet-based foods, and various regional specialities. Their presence reinforces NAFED’s continued commitment to empowering farmer groups and enhancing market access…

26 Nov

Karnika Industries Reports Robust Profitability in Q2 & H1 FY26; Margins Expand Sharply

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Mumbai (Maharashtra) [India], November 25: Karnika Industries Limited (NSE: KARNIKA), one of the leading manufacturers and traders of ready-made garments for children, announced its Unaudited Financial Results for the Quarter and Half Year ended September 30, 2025 (Q2 & H1 FY26), as approved by the Board of Directors. Key Financial Highlights – H1 FY2025-26 Particulars H1 FY26 H1 FY25 % Chg YoY Total Income (₹ Lakhs) 10,404.55 9,852.72 ↑ 5.60% EBITDA (₹ Lakhs) 2,046.48 1,643.67 ↑ 24.51% EBITDA Margin (%) 19.67% 16.68% ↑ 299 bps Net Profit (₹ Lakhs) 1,246.44 1,034.63 ↑ 20.47% Net Profit Margin (%) 11.98% 10.50% ↑…