Business

New Delhi [India], September 3: Shares of MIC Electronics Limited (BSE: 532850) may remain in focus after the company announced the incorporation of a new wholly-owned subsidiary, MIC Defence Systems Private Limited, aimed at building a presence across defence electronics, aerospace, unmanned systems, artificial intelligence-based defence technologies and related segments. According to the company’s regulatory filing dated September 2, 2026, MIC Electronics has completed the incorporation of the subsidiary following the Board’s earlier approval on July 31, 2026. The Certificate of Incorporation was issued by the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs, on August 31, 2026.…

Project records sale of 20 villas during the first two days of launch Chennai (Tamil Nadu) [India], September 2: VR LIVIN Ventures LLP has launched ‘THE FIRST’, an 83-villa gated residential community in Madhavaram, North Chennai, with the project recording sales of 20 villas during the first two days of its launch. The project was launched on August 29 and 30 in the presence of Chief Guest Thiru N. Ravichandran, Chairman of TVH Group of Companies. Special guests included Hitesh Kawad of SPR India, Chennai, Sunil Khetpalia, Managing Director of KLP, Chennai, and Vastu expert Parduman Suri of Astro Parduman.…

New Delhi [India], September 2: India’s rapidly evolving business landscape is witnessing the emergence of innovative companies and platforms across diverse sectors, from cross-border shopping and construction technology to women’s wellness, food operations, counselling, spirituality, renewable energy, matrimony, traditional cuisine, and holistic healthcare. These businesses are addressing changing consumer needs while combining technology, expertise, traditional knowledge, and customer-focused solutions. From making international products more accessible to strengthening infrastructure, improving food cost management, supporting mental wellness, enabling digital matchmaking, and preserving regional culinary traditions, these organizations reflect the diversity and entrepreneurial spirit of modern India. Together, they represent businesses that are…

With more than 40 Food Testing & Inspection capabilities, Geo-Chem India, part of the Cotecna Group, supports the evolving needs of food businesses, exporters, importers, and regulators. Mumbai (Maharashtra) [India], September 2: Geo-Chem India, part of the Cotecna Group, today formally inaugurated its state-of-the-art Food Safety Laboratory in Mumbai, India in the presence of Sébastien Dannaud, Group CEO – Cotecna; Amit Chopra, CEO, Cotecna – South Asia & Middle East; Avinash Maheshwari, CEO, Geo-Chem India; and other senior leaders, technical experts and laboratory professionals. The facility marks a significant milestone in Geo-Chem India’s growth journey and further strengthens its ability…

New Delhi [India], September 2: Shares of Park Medi World Ltd could witness a potential rerating as Ventura Securities maintained its BUY rating on the hospital chain and raised its target price to ₹406 from ₹284, implying a potential upside of 41.9% from the current market price of ₹286. The brokerage has retained a 24-month investment horizon. According to the brokerage, Park Medi World’s growth trajectory has strengthened on the back of accelerated bed additions, robust occupancy levels and emerging expansion opportunities. The company is now positioned to achieve its FY28 capacity target ahead of schedule, while its proposed public-private…

The company has proposed enhancing its borrowing capacity from Rs. 200 crore to Rs. 300 crore for business expansion Ahmedabad (Gujarat) [India], September 2: Shares of Rhetan TMT Limited (BSE: 543590 | NSE: RHETAN), an Ahmedabad-based manufacturer of TMT steel bars, surged 10% to hit the upper circuit on Wednesday, after investor focus increased ahead of the company’s upcoming Annual General Meeting (AGM), scheduled for September 16, 2026. Company’s shares increased 10% on September 2 and hit upper circuit of Rs. 21.05 per share on BSE.  Highlights:- Successfully commenced power generation from its 1 MW captive ground-mounted solar power project.…

New Delhi [India], September 2: Raincheck Earth, the company behind the internationally acclaimed Cherrapunji Eastern Craft Gin, has appointed Sanjit Phukan as its Head of Marketing, marking a significant step in the brand’s next phase of growth, both in India and globally. Sanjit joins Raincheck Earth from Jameson, where he most recently served as Director – Marketing Communication, playing a pivotal role in shaping the brand’s cultural relevance and accelerating its growth in India. During his tenure, he conceptualised and led Jameson Connects India, a platform that brought together music, art, culture, and community through meaningful collaborations, partnerships, and original…

Hyderabad (Telangana) [India], September 2: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), has successfully completed the handover of 685 sites under Phase 1 of its Punjab & Sind Bank deployment by the second week of August 2026. The Company has completed and handed over approximately 74% of the total 930-site deployment scope within a short span of just 5 Months, demonstrating strong execution capabilities, operational efficiency, and the ability to deliver large-scale, distributed surveillance deployments at pace. The milestone, completed by the second week of August 2026, demonstrates the Company’s ability to execute large-scale, geographically distributed e-surveillance deployments at speed and scale, while maintaining operational efficiency across a…

Hyderabad (Telangana) [India], September 2: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), has successfully completed the handover of 685 sites under Phase 1 of its Punjab & Sind Bank deployment by the second week of August 2026. The Company has completed and handed over approximately 74% of the total 930-site deployment scope within a short span of just 5 Months, demonstrating strong execution capabilities, operational efficiency, and the ability to deliver large-scale, distributed surveillance deployments at pace. The milestone, completed by the second week of August 2026, demonstrates the Company’s ability to execute large-scale, geographically distributed e-surveillance deployments at speed and scale, while maintaining operational efficiency across a…