Business – Page 322 – THE ECONOMIC INDIA

11 Feb

Spright Agro’s Q3 Revenue Surges 142%, Net Profit Up By 28.9%

BusinessBusiness

Ahmedabad (Gujarat) [India], February 11: Spright Agro Limited (BSE: 531205), a leading company in the agriculture sector specialising in contract farming and greenhouse technology, has announced excellent financial results for the third quarter of the financial year 2024-25, showcasing exceptional growth in revenue and profitability. For the quarter ended December 2024, the company reported a revenue of Rs. 5,499.27 lakh, a substantial increase of 142.56% compared to Rs. 2,267.15 lakh in the corresponding quarter of the previous financial year. Net profit for the December 2024 quarter was Rs. 708.88 lakh, a 28.9% growth from Rs. 550.04 lakh in the same…

10 Feb

Uno Minda expands its PV product range with the launch of Perfomaxx Brake Pads

BusinessBusiness

New Delhi [India], February 10: Effective braking is essential to ensure the better performance of the vehicles, which contributes significantly to road safety. Yet, in the aftermarket industry, many available brake pads fail to meet the necessary standards, leaving drivers with products that compromise safety and increase long-term maintenance costs. A particular concern has emerged with brake pads that lack the proper composition, including essential materials like shim, which can significantly impact the overall braking system. Without high-quality materials, the brake rotors can wear down prematurely, turning black or becoming damaged faster than expected. This not only reduces the efficiency…

10 Feb

Happy Pet: India’s Largest Pet Tech Startup Is Transforming 25000 Cr Pet Industry

BusinessBusiness

New Delhi [India], February 10: Happy Pet – India’s biggest pet tech company is transforming the fast-growing pet industry by making it accessible to pet parents across India and the globe. Happy Pet is spearheading a digital transformation of the sector through cutting-edge technology solutions for pet businesses. Headquartered in Bangalore, Happy Pet is dedicated to connecting and empowering the pet ecosystem. The company operates a comprehensive B2B and B2C platform – www.happypet.care – that provides pet parents with the right information and connects them with services for their dogs, cats, birds, and fish. Happy Pet differentiates itself by being…

10 Feb

Shrijee Lifestyle to Unveil Sustainable and Festive Collections at Bharat Tex 2025

BusinessBusiness

Mumbai (Maharashtra) [India], February 10: Shrijee Lifestyle Pvt Ltd is set to showcase its latest sustainable fabrics collection at Bharat Tex 2025 designed for the AW25/26 & SS26 seasons. With a strong focus on eco-friendly materials, the collection blends fibres like Organic Cotton, LIVA, Ecovero, Tencel, and Linen, along with unique combinations of Viscose and Recycled Polyester for a fresh, contemporary appeal. Committed to sustainability, Shrijee Lifestyle uses natural and eco-friendly certified dyes ensuring fabrics that are safe for both consumers and the environment. The company has earned a reputation as a leading supplier of sustainable and fashion fabrics for…

07 Feb

Kennametal India Revenue Up 6 Percent For Quarter Ended December 31, 2024

BusinessBusiness

Bengaluru (Karnataka) [India], February 07: Kennametal India Limited (KIL) reported its second quarter FY25 results (ended December 31, 2024), with sales increasing year over year, while Profit Before Tax (PBT) was 3% lower over the same quarter last year. Sales were ₹ 2870 Mn, 6% higher as compared to ₹ 2708 Mn in the same quarter last fiscal year. Profit Before Tax (PBT) was ₹ 324 Mn, 3% lower as compared to ₹ 334 Mn in the same quarter last fiscal year. Despite signs of softening in the Indian economic environment, especially the Transportation sector, overall sales were strong from both the Hard Metals and Machine Tools segments.…

06 Feb

From Patna to the Big Leagues: How Three Friends Are Revolutionizing the Ticketing Industry with BookNow

BusinessBusiness

New Delhi [India], February 06: A heartwarming story is emerging from the small city of Patna, Bihar. Three friends are daring to dream big, armed with nothing but their passion, technology, and an unwavering belief in their vision. Their company, BookNow, is not just another ticketing platform—it’s a mission to solve the pain points that have plagued the industry for years. The Birth of BookNow: A Dream Rooted in Struggle The story of BookNow begins with its founder, Deepak Arya, a master’s graduate from IIT Patna. Deepak’s journey is one of resilience and determination. During his college days in 2017, he…

04 Feb

Ken Enterprises Limited Announces IPO Opening on February 5, 2025

BusinessBusiness

Mumbai (Maharashtra) [India], February 4: Ken Enterprises Limited, a textile manufacturer, has announced its Initial Public Offering (IPO), which is set to open on February 05, 2025. The company aims to raise ₹ 83.65 crores, with shares to be listed on the NSE Emerge platform. Equity Share Allocation Non-Institutional Investors (NII) – Up to 42,27,000 Equity Shares Retail Individual Investors (RII) – Up to 42,27,000 Equity Shares Market Maker – 4,45,200 Equity Shares Utilization of Proceeds: Unidentified Acquisitions in India and abroad Purchase of New Machinery Capital Expenditure for renovation of both manufacturing facilities Working Capital Requirements General Corporate Purposes…

03 Feb

United by Unique: Expert’s Advice on Personalized Cancer Care for World Cancer Day 2025

BusinessBusiness

New Delhi [India], February 03: On World Cancer Day, we come together to reflect on the progress made in the fight against cancer and the importance of personalized care. As cancer treatment continues to evolve, experts emphasize that a one-size-fits-all approach is no longer sufficient. Personalized cancer care, which tailors treatment plans to the individual’s unique genetic makeup, lifestyle, and health needs, has emerged as a groundbreaking approach. In this article, we bring you expert advice on how this innovative approach is transforming the way we treat cancer, improving outcomes, and enhancing the quality of life for patients around the…

03 Feb

Chamunda Electrical Limited Raises Rs 411.00 Lakhs from Anchor Investors Ahead of its IPO

BusinessBusiness

Mumbai (Maharashtra) [India], February 3: Palanpur-based Chamunda Electrical Limited (“The Company”) is in the business of specialized services of operation and maintenance of substation up to 66 KV (Kilovolt), testing and commissioning of electrical substation up to 220 KV (Kilovolt) and solar power generation park of 1.5 MW (Megawatts), have raised ₹ 411.00 Lakhs ahead of its Initial Public Offering (IPO). The company has informed NSE that it allocated 8,22,000 equity shares at ₹ 50 per share on February 03, 2025, to anchor investors. 3 (Three) Anchors participated in the anchor portion viz. Paradise Moon Investment Fund I, SMC India Opportunities Fund and Vikasa India Eif I Fund – Incube Global Opportunities. About the IPO Price Band: ₹ 47 – ₹ 50 per…

03 Feb

Bridging the Mentorship Gap: Lessons for a Global Startup Ecosystem By Prakhar Mittal

BusinessBusiness

New Delhi [India], February 03: In a career spanning over 15 years in digital transformation across global industries, I’ve witnessed the undeniable power of mentorship in driving innovation, entrepreneurship, and business growth. This has been particularly evident while observing India’s meteoric rise as the world’s third-largest startup hub, home to over 140,803 startups as of 30 June 2024, growing annually at 16-18%. However, amid this progress, a glaring gap persists—structured mentorship to guide budding entrepreneurs through the complexities of scaling and sustaining businesses. Contrasting this with the U.S. ecosystem, which thrives on robust frameworks like SCORE—a pioneering organization mentoring small…