Business – Page 30 – THE ECONOMIC INDIA

07 Feb

Sathlokhar Synergys E and C Global Delivers Blockbuster Q3 FY26 Performance with 400 Percent Revenue Growth and 340 Percent Profit Rise

Shruti JoshiBusinessRevenue Growth, Sathlokhar

Chennai (Tamil Nadu) [India], February 07: Sathlokhar Synergys E&C Global Limited (NSE: SSEGL), One of the leading EPC players, providing end to end turnkey execution across design, civil works, PEB structures, MEP systems, solar installations, and interior fit outs, has announced its Unaudited Financial Results for Q3 & 9M FY26. Key Financial Highlights Q3 FY26 Key Financial Highlights Q3 FY26 • Total Income of ₹ 189.72 Cr, YoY growth of 400.83% • EBITDA of ₹ 27.93 Cr, YoY growth of 363.52% • EBITDA Margin of 14.72%, • PAT of ₹ 19.72 Cr, YoY growth of 340.09% • PAT(%) of 10.39%…

07 Feb

Pressstonic Engineering Secures Rs115 Cr Mumbai Metro Contract from Titagarh Rail Systems

Shruti JoshiBusinessMumbai Metro Contract, Pressstonic Engineering, Titagarh Rail Systems

Mumbai (Maharashtra) [India], February 07: Pressstonic Engineering Limited has secured a major contract worth ₹115.09 crore from Titagarh Rail Systems Limited for the Mumbai Metro project, marking a significant milestone in the company’s growing presence in India’s urban rail infrastructure segment. The order has been awarded for the design, manufacture, supply, installation, testing, and commissioning of saloon interior parts for 240 metro cars, to be deployed on Mumbai Metro Lines 5 and 6, according to a regulatory disclosure filed with the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The tentative execution timeline for the…

07 Feb

EU Chambers Tourism Conclave in Mumbai: Vijayta Raheja Says India Leads Globally

Shruti JoshiBusinessAlembic Pharmaceuticals, Vijayta Raheja

Mumbai (Maharashtra) [India], February 07: A panel discussion was convened by The Council of EU Chambers of Commerce in India at the Conclave to decode the impact of the EU-India Free Trade Agreement (FTA) on the Tourism & Hospitality Industry. The session was led and moderated by Vijayta Raheja (COO, K Raheja Group) and featured distinguished panellists: Rajeev Kale, President & Country Head – Thomas Cook Ltd., a leading travel company that reported over ₹8,000 crore in revenue in FY25. Anahita Avari, Head – South Asia, VFS Global. Delna Jasoomoney, Vice President – Industry Sales, Indian Hotels Company Ltd. (IHCL),…

07 Feb

Adventure Andaman Strengthens Personalized Andaman Tour Services, Offers Major Ferry Savings, and Expands Flexible Travel for Families and Groups

Shruti JoshiBusinessAdventureAndaman, AndamanTourServices, FamilyGroupTravel, FerrySavings, FlexibleTravel

4.9-star rated local travel specialist delivers customized tours, real-time itinerary flexibility, and exclusive ferry ticket offers Port Blair (Andaman & Nicobar Islands) [India], February 07: Adventure Andaman, a locally operated travel agency based in the Andaman Islands, has reinforced its commitment to personalized, fully managed tour experiences by introducing exclusive savings on ferry ticket bookings and expanding services for families, couples, and group travelers. Unlike large online travel agencies and automated booking portals, the company emphasizes direct human coordination over fixed, pre-packaged itineraries. Each holiday is planned personally with its sales team, allowing travelers to customize hotels, ferries, transport, sightseeing, and entry…

07 Feb

Kennametal India Sustains Growth Momentum with Strong Q2 FY26 Performance

Shruti JoshiBusinessKennametal India, Vijaykrishnan Venkatesan

Bengaluru (Karnataka) [India], February 07: For the quarter ended December 31, 2025, Kennametal India Limited (KIL) posted revenues of₹3340 Mn, marking a growth of16.4%over₹2870Mnin the same period last year. Profit Before Tax stood at₹353 Mn(includes a one-time cost of ₹34 Mn due to implementation of new labour codes),up 9%from₹324 Mnin Q2 FY25. The quarter benefited from favorable macroeconomic conditions, with India’s continued economic strength providing tailwinds across key industrial sectors. Kennametal India’s diversified portfolio and customer-centric approach also enabled the company to capture share while maintaining operational discipline. “Our Q2 performance demonstrates our ability to capitalize on India’s economic growth…

07 Feb

Hourly Stays Gain Ground as Platforms Like Brevistay Address Safety and Trust Concerns

Shruti JoshiBusinessBrevistay, Hourly Stays, Safety and Trust Concerns

Brevistay Address Safety and Trust Concerns New Delhi [India], February 06: As urban travel patterns evolve, short stays and hotels on an hourly basis are increasingly being adopted by travellers seeking flexibility, privacy and convenience. Platforms such as Brevistay, which offer rooms on an hourly basis, are seeing growing interest from users across metro cities, driven by both personal and professional requirements. However, with this growing adoption, users often have questions around safety, privacy, check-in policies and booking reliability. Addressing these concerns has become central to building trust in the hourly stay segment. Ensuring safety and privacy Brevistay follows a…

06 Feb

Standard Engineering Technology Limited Delivers Strong Q3 and 9M FY26 Performance

Shruti JoshiBusinessStandard Engineering Technology Limited

Hyderabad (Telangana) [India], February 05: Standard Engineering Technology Limited, formerly Standard Glass Lining Technology Limited, today announced its Q3 and Nine-Month FY26 results, marking a defining phase in the Company’s strategic evolution, financial growth, and long-term value creation journey. Financial Highlights: Key Highlights for 9M FY26 Financial Results Total Income stood at Rs. 562 crore, registering a 23.6% YoY growth EBITDA came in at Rs. 102 crore, up 11.9% YoY, with an EBITDA margin of 18.2% Profit Before Tax (PBT) is Rs. 83 crore, reflecting a 15.9% YoY increase Profit After Tax (PAT) is at Rs. 62 crore, up 18.8%…

06 Feb

Australia’s largest ever Transnational Education Delegation visits India to deepen Institutional Partnerships

BusinessBusiness

Australian Transnational Education delegation at the QS India Summit 2026 in Goa Goa [India], February 05: A 20-member Australian Transnational Education (TNE) delegation representing 16 Australian universities and education providers visits India as part of Australia–India TNE Week 2026, scheduled from 1–6 February 2026. The objective of the visit is to showcase Australia’s strong TNE capabilities while opening new pathways for collaboration, joint programmes, institutional partnerships, and sustainable education models in India. The delegation led by the Australian Trade and Investment Commission (Austrade) attended the QS India Summit 2026 in Goa. The 2026 summit centred on the theme: “India@2047: Building Skills, Achieving Scale, Driving innovation,”…

06 Feb

From Farms to Finance: The Promise and Peril of India’s Agricultural Carbon Credits (Part 1)

BusinessBusiness

Pradeep Motwani -CEO at Terrablu Climate Technologies Pvt Ltd New Delhi [India], February 06: At first glance, agricultural carbon credits appear to offer a compelling win-win. Farmers—long viewed primarily as victims of climate change—are recast as climate solution providers. By shifting practices such as reducing tillage, planting cover crops, improving water management, adopting methods to enhance long term carbon sequestration, or agroforestry, farms can increase carbon stored in soils and biomass. This carbon is then measured, verified, and converted into credits that companies purchase to offset their emissions. In theory, the model turns farms into carbon sinks and provides farmers…

06 Feb

Avani Institute of Design Successfully Hosts Avani Winter Workshop 2026, a Multi-Disciplinary Platform for Experimental Learning

Shruti JoshiBusinessAkhil Bhartiya Kshatriya Mahasabha, Ar. Tony Joseph, Architecture, Avani Institute of Design, Avani Winter Workshop, Kerala, Kozhikode

Kozhikode (Kerala) [India], February 05: Avani Institute of Design successfully concluded the Avani Winter Workshop 2026 (AWW 2026), held from January 17 to 19, 2026, marking three immersive days of multi-disciplinary exploration across architecture, design, art, material, performance, storytelling, and the built environment. The workshops were conducted across the Avani campus and select locations in Kerala. Conceived as an intensive learning platform, the Avani Winter Workshop brought together architects, designers, artists, filmmakers, performers, and researchers, engaging students in hands-on, process-driven explorations that went far beyond conventional classroom pedagogy. The initiative created a dynamic environment for learning through making, experimentation, and critical inquiry. The…