Business – Page 21 – THE ECONOMIC INDIA

09 Sep

Cordelia Sky Brings More Ways To Holiday At Sea

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], September 9: Imagine starting your morning with an ocean-view workout, pickleball at sea, moving between pools and open decks. Dinner that could mean Indian regional flavours, sushi, Italian favourites, or a relaxed meal overlooking the sea. Then a show, drinks, music, gaming, or simply another hour under the stars, all before waking up the next morning to an entirely new view. This is what a holiday onboard Cordelia Sky could look like when the ship begins sailing from Mumbai this October. As the newest addition to the Cordelia Cruises fleet, Sky brings together sport, wellness, dining, entertainment,…

09 Sep

Injecto Polymers to Open Rs 56.12 Crore IPO on September 11

Shruti JoshiBusiness

Issue to remain open till September 16; Company reports strong growth in revenue and profitability New Delhi [India], September 9: Injecto Polymers Limited, a manufacturer of polymer-based packaging solutions, is set to open its ₹56.12 crore Initial Public Offering (IPO) for subscription on September 11, 2026. The Issue will remain open until September 16, 2026, with the Equity Shares proposed to be listed on the BSE SME platform. The IPO comprises an entirely fresh issue of 56.12 lakh Equity Shares and carries a price band of ₹98 to ₹100 per Equity Share. The Anchor Book will open on September 10,…

09 Sep

Panchatv Bharat’s IPO to Open on September 10, 2026; Company Aims to Raise Rs. 24.58 Crore

Shruti JoshiBusiness, Press Release

IPO proceeds to support Ahmedabad corporate office and warehousing infrastructure, working capital requirements and general corporate purposes New Delhi [India], September 9: Panchatv Bharat Limited (“Company”), a New Delhi-based company engaged in the manufacturing and wholesale distribution of denim fabric across India, announced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Thursday, September 10, 2026 and will close on Tuesday, September 15, 2026. The Equity Shares are proposed to be listed on the BSE SME platform. The Company is offering 17,56,000 Equity Shares with a face value of Rs. 10 each at an…

09 Sep

Steel Exchange India Ltd Signs Strategic MoU with NMDC Limited for Long-Term Iron Ore Procurement, Securing the Supply Chain

Shruti JoshiBusinessFull Mouth Rehabilitation, iron ore fines, NMDC, simhadri tmt, Steel Exchange India Ltd (SEIL), visakhapatnam, vizianagaram

Visakhapatnam (Andhra Pradesh) [India], September 9: Steel Exchange India Limited (NSE: STEELXIND | BSE: 534748) one of Eastern India’s leading integrated steel manufacturers, has entered into a strategic Memorandum of Understanding (MoU) with NMDC Limited, India’s premier government-owned iron ore producer. The MoU establishes a commercial and operational framework for the supply and procurement of consistent-grade Iron Ore Fines (Fe 61–63% and above) sourced from NMDC’s upcoming Buffer Stockpile & Blending Yard at Visakhapatnam, Andhra Pradesh. This agreement significantly enhances SEIL’s raw material security, providing direct conveyor, FOB, FOR, FOT, or Ex-Stockpile supply access to consistent-grade iron ore right in its…

09 Sep

AM/NS India Launches Premium Galvanised Steel Brand ‘Pelican’ For Construction and Manufacturing Sectors

Shruti JoshiBusinessAM/NS India, arcelormittal nippon steel, construction, corrosion resistant, galvanised steel, infrastructure, manufacturing, pelican

Corrosion-resistant steel solution designed for construction, infrastructure, manufacturing, and engineering applications Surat (Gujarat) [India], September 9: ArcelorMittal Nippon Steel India (AM/NS India) today launched AM/NS Pelican, a premium galvanised steel brand designed to meet growing demand from India’s construction, infrastructure, manufacturing and engineering sectors. The launch strengthens the company’s portfolio of value-added steel solutions and underscores its focus on developing specialised products tailored to specific customer requirements. The launch comes amid rising demand for corrosion-resistant steel products driven by infrastructure development, industrial expansion and increasing preference for durable, low-maintenance materials across construction and manufacturing applications. The Indian galvanised steel market…

09 Sep

Modern Bedrooms Get a Comfort Upgrade with Pepperfry Mattresses

BusinessBusiness

New Delhi [India], September 9: Bedrooms have changed considerably in the way they are planned. What was once mainly a place to sleep is now often a quiet corner for reading, unwinding, watching a show, or simply taking some time away from the rest of the house. Naturally, comfort has become just as important as décor. Against this backdrop, Pepperfry is giving shoppers more ways to put together comfortable bedroom spaces through its selection of mattresses. The range brings different sizes, constructions, and comfort preferences into one place, helping people look at the bedroom as a space that needs to…

09 Sep

VB Group Performs Bhoomi Poojan for Upcoming Commercial Project in Vartak Nagar, Thane

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], September 9: Mumbai-based real estate developer VB Group marked the formal commencement of its upcoming commercial project in Vartak Nagar, Thane, with a Bhoomi Poojan ceremony held on September 3, 2026. The momentous occasion marks an important step in the Group’s growth journey as it expands its portfolio to foray into commercial real estate development. The event was graced by Honourable Mrs Lata Eknath Shinde, Honourable Mr Pratap Sarnaik, Minister of Transport, Government of Maharashtra with Mr Purvesh Sarnaik President of Yuva Sena, along with members of the VB Group leadership team. Located in Vartak Nagar, the project…

09 Sep

Maharaja & Speedex India Limited IPO Opens on Thursday, September 10, 2026

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], September 9: Maharaja & Speedex India Limited a manufacturer and distributor of stainless-steel bottles and allied drinkware products, proposes to open its Initial Public Offering on Thursday, September 10, 2026, aiming to raise ₹ 80.13 Crores (At Upper Price Band) with shares to be listed on the BSE SME platform. The offer size is 43,08,000 equity shares of face value of ₹ 10 each with a price band of ₹177 – ₹186 Per Share. Equity Share Allocation QIB Portion – Not More than 50.00% of the Net Offer Non-Institutional Investors – Not less than 15.00% of the Net Offer Retail Individual Investors – Not less…

09 Sep

Om Galaxy Limited IPO Opens on Thursday, September 10, 2026

Shruti JoshiBusinessOm Galaxy Limited

Mumbai (Maharashtra) [India], September 9: Om Galaxy Limited, a precision mould design, development and manufacturing company catering to the building materials (primarily pipes, fittings, sanitaryware) and the plastics and polymer processing industries. The Company proposes to open its Initial Public Offering on September 10, 2026, aiming to raise ₹ 105 Crores at upper price band with shares to be listed on the BSE SME. The issue size is 1,16,67,200Equity Shares with a face value of ₹5 each with a price band of ₹85 – ₹90 Per Share. Equity Share Allocation Anchor Investor Portion – 33,21,600 Equity Shares Net Qualified Institutional Buyer – 22,16,000 Equity Shares Non-Institutional Investors – 16,64,000 Equity…

08 Sep

How D2C and Meesho/Amazon Sellers Are Fueling StudioBackdrops’ Next Growth Wave

BusinessBusiness

New Delhi [India], September 8: Every new seller that Meesho, Amazon, or Flipkart signs up in a small town eventually needs to shoot a product photo or a reel. That’s the demand StudioBackdrops.com has been building around since 2016 and the marketplace numbers show why the timing works. The seller base is expanding fast Meesho’s transacting seller base stood at 1.04 million, up 81% year-on-year, with Tier 2-and-smaller towns making up 45% of it Flipkart says AI tools integration helped drive 80-85% growth in new seller onboarding from Tier 3, 4 towns this year compared to last Meesho’s content-commerce push…