Business – Page 322 – THE ECONOMIC INDIA

04 Jun

Ganga Bath Fittings Limited IPO Opens on June 04, 2025

BusinessBusiness

Mumbai (Maharashtra) [India], June 3: Ganga Bath Fittings Limited (The Company, Ganga) is manufacturer of a wide range of bathroom accessories, proposes to open its Initial Public Offering on Wednesday, June 04, 2025, aiming to raise ₹ 32.65 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 66,63,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 46 – ₹ 49 Per Share. Equity Share Allocation Qualified Institutional Buyer – Not more than 69,000 Equity Shares Non-Institutional Investors –Not less than 31,29,000 Equity Shares Retail Individual Investors – Not less than 31,29,000 Equity Shares Market Maker – 3,36,000 Equity Shares…

03 Jun

EMI vs Rent: Real Estate Leader Annuj Goel Shares Key Insights for Homebuyers

BusinessBusiness

Pune (Maharashtra) [India], June 3: As the owner of Goel Ganga Developments, I’m often asked one fundamental question by aspiring homeowners and young professionals alike: “Annuj, should I buy a home or continue renting?” It’s a valid concern and one I understand deeply, both as a developer who has delivered thousands of homes across Pune, and as an individual who has personally walked the journey of building assets and creating long-term financial value. There’s no single answer that fits everyone. But there is clarity once you understand how real estate can transform your financial future. Rent: Flexibility Over Ownership Renting is a…

03 Jun

Skin Deep Confidence: Edorica’s Minimalist Revolution in Skincare

BusinessBusiness

New Delhi [India], June 2: In an industry dominated by complex routines and overwhelming product claims, Edorica Luxury Skincare is offering a welcome alternative. The brand is on a mission to simplify skincare without compromising on performance, delivering visible results through a streamlined, five-product collection. Edorica’s minimalist lineup is powered by proven, skin-loving ingredients such as Hyaluronic Acid, Niacinamide, and 24K Gold- chosen for their ability to hydrate, brighten, and revitalize. Designed to address common concerns like dullness, pigmentation, and stretch marks, the products promise noticeable improvements within the first week of use. At its core, Edorica champions confidence and…

03 Jun

Qatar’s Arab Center for Artificial Intelligence partners with Universal Ai University for Advancement of AI

BusinessBusiness

Mumbai (Maharashtra) [India], June 3: Universal AI University, India’s first Artificial Intelligence (AI) University based out of Karjat near Mumbai; has been chosen by Qatar’s the Arab Center for Artificial Intelligence (ACAI) as a strategic partner to expand the footprints of Artificial Intelligence education across Qatar and the region. Universal AI University has become the first Indian University to receive an AI-partner status from any Institute within the Gulf region working in the field of Artificial Intelligence. Eng. Khalid Abdulrahim Al-Sayed, Chairman of the Board of the Arab Center for Artificial Intelligence, Qatar and Prof. Tarundeep Singh Anand, Chancellor of…

03 Jun

Avance Technologies Posts INR 5.30 Cr Profit in FY25, Revenue Up 19 Percent YoY to INR 173.96 Cr

BusinessBusiness

Mumbai (Maharashtra) [India], June 3: Avance Technologies Ltd (BSE: 512149), a leading player in the digital solutions space, has reported robust financial results for the fourth quarter and full financial year ended March 31, 2025 (FY25). The company delivered a notable increase in its annual profitability and topline growth, indicating continued momentum in its core business. Highlights: Mumbai-based tech company reports net profit of Rs. 5.30 crore in FY25 Revenue from operations for FY25 stands at Rs. 173.96 crore, a 18% Y-o-Y growth Q4FY25 Revenue at Rs. 48.31 crore; marginal net loss of Rs. 1.36 crore due to one-time tax…

02 Jun

Krishca Strapping Solutions Limited Reports Rs 150+ Crores in Total Revenue in FY25

BusinessBusiness

Chennai (Tamil Nadu) [India], June 2: Krishca Strapping Solutions Limited, one of the leading manufacturers of Strapping Tools and Seals, announced its Audited Financial Results for H2 FY25. Consolidated Key Financial Highlights H2 FY25: Total Revenue: ₹87.24 Crores EBITDA: ₹14.75 Crores Profit After Tax: ₹6.16 Crores Earnings Per Share (EPS): ₹4.34 FY25: Total Revenue: ₹151.08 Crores EBITDA: ₹24.29 Crores Profit After Tax: ₹11.60 Crores Earnings Per Share (EPS): ₹8.33 Packaging Contract Business Update (FY2024-25): Packaging Contract Order Book: As of 29th May, FY2025-26, Krishca has secured ₹50.79 crore in confirmed orders for FY26 and ₹120.89 crore for the next three…

02 Jun

Airavat and Fly Sirius unite Under New Brand: Transworld Jets

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Dubai [UAE], June 2: Airavat and Fly Sirius, renowned for their bespoke private jet charter services, proudly announce their rebranding to Transworld Jets. This strategic move marks a significant milestone, aligning the brands with their parent company, Transworld Group, a global leader in logistics, shipping, and integrated supply chain solutions. The rebranding is a key initiative in the company’s growth journey, aimed at enhancing brand coherence across international markets and reinforcing its commitment to delivering seamless, world-class aviation experiences. The new identity, Transworld Jets, emphasizes the company’s dedication to global excellence, bespoke services, and forward-thinking innovation in the larger aviation…

02 Jun

OneWave Launches Asset-Backed Investment Initiative at Dubai Summit

Shruti JoshiBusiness

Dubai [UAE], May 30 – OneWave, a next-generation fintech platform, unveiled its visionary Real-World Asset (RWA)-Backed Presale at the prestigious Money Monday Dubai, a curated networking and business soirée that convened global thought leaders, entrepreneurs, and innovators. Hosted at the luxurious J’adore Dubai, the event attracted prominent figures from across the finance and technology landscape. Presided over by Mrs. Marcel Velez, Chairwoman of OneWave, and Mr. Vishwa Badadal, Chief Operations Officer, the launch underscored the company’s strategic pivot towards redefining asset-backed financial solutions. The leadership duo’s presence reinforced OneWave’s steadfast commitment to bridging traditional business stability with the dynamic pace of modern enterprise. The presale, hailed…

31 May

Aayush Wellness’s FY25 Revenue Rockets 8,645%, Net Profit Soars 489%

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New Delhi [India], May 31: Aayush Wellness Limited (BSE:539528), India’s leading preventive healthcare company, has reported excellent results for the financial year 2024-25, reflecting robust growth. The company registered revenue of Rs. 7,338.59 lakh for the financial year 2024-25, a remarkable surge of 8,645% from Rs. 83.92 lakh in the previous financial year. The company’s net profit for 2024-25 stood at Rs. 336.58 lakh, reflecting a growth of 489% over the profit of Rs. 57.18 lakh in the previous fiscal year. Aayush Wellness registered a net profit of Rs. 109.3 lakh in the fourth quarter of the financial year 2024-25,…

31 May

Aristo Bio-Tech FY25 PAT Rises to Rs 4.06 Cr, Revenue Jumps 30 Percent to Rs 318.09 Cr

BusinessBusiness

New Delhi [India], May 30: Gujarat-based Aristo Bio-Tech and Lifescience Ltd, a fast-growing company in the agrochemical and biotechnology space, has reported a stellar financial performance for the fourth quarter and full financial year ended March 31, 2025 (FY25). The company posted a strong turnaround in profitability, with significant growth in revenue. Due to expansion and increased capital expenditure, depreciation has risen by Rs. 1 crore compared to last year, resulting in a lower visible profit. Key Highlights: (in crores) Particulars FY25 FY24 Y-o-Y Change Revenue from Operations (Rs. Cr) 318.09 245.15 30% Net Profit (Rs. Cr) 4.06 3.90 4.3% For…