Business – Page 213 – THE ECONOMIC INDIA

17 Dec

Holani Venture Capital Fund Achieves Record 50 Percent Growth in Just 6 Months, Outpaces Market Indices

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Jaipur (Rajasthan) [India], December 17: Holani Venture Capital Fund reports a notable Net Asset Value (NAV) of Rs.157.62 per unit on 30th November 2024, which is underscoring its robust investment strategy and commitment to value creation. This substantial growth not only reflects their well-calibrated investment strategies but also signifies their unwavering dedication to delivering sustainable returns and long-term growth for their investors. Holani Venture Capital Fund, a Category I Alternative Investment Fund (AIF) with an initial corpus of ₹ 300 crore and an optional extension of ₹ 100, actively invests in SMEs. Over the past 6 months, the fund has…

17 Dec

Jindal Worldwide Board to consider bonus issue on 7th January

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Ahmedabad (Gujarat) [India], December 17: Jindal Worldwide, a leader in textile industry, announced on Monday that its Board of Directors will meet on January 7 to consider issuance of bonus shares. “A meeting of the Board of Directors of the company will take place on January 7 to consider a proposal for issue of bonus equity shares to equity shareholders of the company,” Jindal Worldwide side in stock exchange filings. The Board will also consider and approve an increase in the company’s authorised equity share capital to accommodate the issue of bonus shares the same day, it said further. Jindal…

17 Dec

Indian Music Composer Suneet Haran Creates History- Sets New Guinness World Record

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Mumbai (Maharashtra) [India], December 17: In an extraordinary feat that blends talent, determination, and a deep love for music, Suneet Haran, a Mumbai-based singer, songwriter, and music composer, has set a new Guinness World Record. His song “Grateful For Love” features an unprecedented 398 languages, a milestone that has not only put him in the global spotlight but also cemented his place in history. The Guinness World Records officially recognized this achievement, making Suneet Haran the first person ever to weave so many languages into a single song. The journey to this ground-breaking achievement was definitely not easy. Suneet had to…

16 Dec

A B Cotspin India Ltd Secures Significant Repeat Order Worth Rs. 5.35 Cr For 273 MT Cotton Yarn

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Bathinda (Punjab) [India], December 16: A B Cotspin India (NSE – ABCOTS), a key player in the textile manufacturing sector, one of the leading textile manufacturers based in North India, is pleased to announce the receipt of a repeat order worth Rs. 5.35 Cr for supplying 273 MT of Cotton Yarn. This repeat order underscores the company’s continued growth and strong customer trust in its high-quality products. This order is a testament to A B Cotspin’s strong market standing and unwavering commitment to sustainability and innovation in the textile sector. Cotton Yarn, Known for its environmentally friendly and socially responsible production…

16 Dec

Veerhealth Care Successfully Completes USFDA Assessment of Form 4003 Pre-Inspection Records Request

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New Delhi [India], December 16: Veerhealth Care Ltd ((BSE: VEERHEALTH), AYUVEER, backed by Veerhealth Care’s expertise in Ayurveda, specializes in crafting ayurvedic medicines and oral care products with natural ingredients. With a focus on quality and affordability, Ayuveer aims to offer its customers an exceptional and safe daily care experience. Veerhealth Care received a request from USFDA on 04/09/2024 about the submission of the required Documentation against FDA Form 4003. Upon submission of the required documentation, USFDA issued FDA Form 4003a Records Receipt Confirmation, confirmed that there are no further requests at this time, and closed their RRA assessment. The successful…

16 Dec

6th Indian Aerosols Expo 2025 to Promote Sustainability & Growth from Feb 28 to Mar 1 in Mumbai

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Mumbai (Maharashtra) [India], December 16: India’s only trade show dedicated to the Aerosol (sprays) industry, 6th India Aerosols Expo (IAE2025) is to be held from 28 Feb to 1 March 2025 at Jio World Convention Centre, BKC, Mumbai, India. Organized every two years by Aerosols Promotion Council (APC), this niche trade fair is the ultimate business platform showcasing innovation in aerosols; displaying a varied range of products, inputs, technologies and machinery related to aerosols. Globally, focus is now shifting toward sustainable forms of packaging boosting the “perennially recyclable” aerosol cans industry as is evident from the steady growth it has…

16 Dec

Suchi Semicon unveils Gujarat’s First Outsourced Semiconductor Assembly and Testing (OSAT) Plant in Surat

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Surat (Gujarat) [India], December 16: Suchi Semicon, a Gujarat-based semiconductor company, has officially inaugurated Gujarat’s first Outsourced Semiconductor Assembly and Testing (OSAT) plant in Surat, a significant step towards enhancing India’s semiconductor manufacturing capabilities. The state-of-the-art facility was inaugurated by Union Minister C.R. Patil and Gujarat’s Home Minister Harsh Sanghavi. The plant, with an initial area of 30,000-square-foot facility, will provide essential assembly, testing, and packaging services for semiconductor components, supporting industries such as automotive, consumer electronics, and industrial applications. Prime Minister Narendra Modi congratulated Suchi Semicon on the opening of the OSAT plant, appreciating the company’s contribution to making…

16 Dec

No More Endless Browsing: Searchkiya.com Delivers Exactly What You Need

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New Delhi [India], December 16: ‘We don’t talk anymore’ isn’t just a timeless breakup anthem, but an unfortunate reality of the times. Our attention is constantly on the screen, compulsively searching for something – new trends, new content, new ideas, new experiences, new products, new year gift, anything new! But in this quest, many tend to make unwanted purchases, buying into overhyped ecommerce trends. The plethora of available options is enough to get anyone overwhelmed, yet something is amiss. Be it price point, delivery date, quality, uniqueness or the product altogether. This void only gets bigger as automated phone calls,…

14 Dec

Zeus Hygia Lifesciences Establishes US Subsidiary to Propel Nutraceutical Innovations

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New Delhi [India], December 14: Started operations since 2018, founded by visionary entrepreneurs Arunkanth Krishnakumar and Shankaranarayanan, Zeus Hygia Lifesciences has rapidly ascended as one of India’s most innovative nutraceutical Ingredient companies. The company is now expanding its horizons, forming a US subsidiary to penetrate the North American market with its cutting-edge platform technologies and clinically validated nutraceutical ingredients. The journey of Zeus began with a shared passion for innovation and a mission to introduce the rich traditional herbs of India with science and studies to the global stage . Both founders identified significant gaps and challenges in the traditional…

14 Dec

Deep Ayurveda plans nationwide network of Clinical operations, Distribution network in India/Australia

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Mohali (Punjab) [India], December 14: Deep Ayurveda, a trusted name in Ayurvedic manufacturing and clinical operations, is set to launch State wise CFA. District wise Distributors, and also retailers, a chain of exclusive Ayurveda Retail Stores and Clinics across India. Initially, this expansion of Clinical Operations will focus on major metro areas and Tier A, B and C cities, making it easier for people to access authentic Ayurvedic products and treatments that adhere to the company’s high standards of quality and effectiveness. Deep Ayurveda has recently been awarded the title of “Pioneer in Manufacturing of Ayurvedic Medicines” by the Industry & Commerce Minister of…