Business – Page 36 – THE ECONOMIC INDIA

27 Aug

Vivid Electromech Limited Secures Orders Worth Rs 52.81 Cr Across Solar & Wastewater Projects

Business

Mumbai (Maharashtra) [India], August 27: Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, has announced that the Company has received a Letter of Intent and purchase orders aggregating to ₹52.81 Cr, excluding taxes from three entities covering solar cell manufacturing, solar park and wastewater management projects. Order Details Total Order Value: ₹52.81 Cr (excluding taxes) across the three orders. 1. Cosmic PV Power Limited – Solar Cell Manufacturing Scope: Supply of LT Panels and HT Panels for its upcoming Solar Cell Manufacturing Plant Execution Timeline: 4–9 months from the date of LOA issuance 2. Bondada Engineering Limited – Solar…

27 Aug

Vivid Electromech Limited Secures Orders Worth Rs 52.81 Cr Across Solar & Wastewater Projects

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], August 27: Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, has announced that the Company has received a Letter of Intent and purchase orders aggregating to ₹52.81 Cr, excluding taxes from three entities covering solar cell manufacturing, solar park and wastewater management projects. Order Details Total Order Value: ₹52.81 Cr (excluding taxes) across the three orders. 1. Cosmic PV Power Limited – Solar Cell Manufacturing Scope: Supply of LT Panels and HT Panels for its upcoming Solar Cell Manufacturing Plant Execution Timeline: 4–9 months from the date of LOA issuance 2. Bondada Engineering Limited – Solar…

27 Aug

Cellecor Gadgets: LNPR Capital Initiates Coverage, Sees Main Board Migration and Africa Expansion as Key Catalysts

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], August 27: Cellecor Gadgets Limited is emerging as a fast-growing affordable consumer electronics and appliances brand, with its expanding distribution network, improving margins and international expansion plans drawing attention from investors. In its research report dated August 26, 2026, SEBI-registered research firm LNPR Capital placed the stock on a “Watchlist — Constructive” basis, citing significant growth optionality while highlighting execution, dilution and disclosure risks. According to the report, Cellecor has grown its revenue from ₹264 crore in FY23 to ₹1,292 crore in FY26, representing a three-year compound annual growth rate of around 70%. During the same period,…

27 Aug

Beyond Chatbots: How Two Indian Tech Innovators Built the World’s First ‘Honest AI’ Grounded in Ancient Philosophy

Business

Dubai [UAE], August 27: At a time when Big Tech giants are pouring hundreds of billions of dollars into training generative AI models that are persuasive, conversational, and often dangerously hallucinatory, two Indian enterprise veterans are leading a quiet, civilizational revolution with HiMirrorly.com. The groundbreaking platform HiMirrorly.com, hailed by industry insiders as the world’s first consumer product built on an HI > EI > AI architecture, ensures that Human Intelligence (HI) and Emotional Intelligence (EI) sit strictly above Artificial Intelligence (AI). Invented by Satyavrat Nirala, an enterprise Agile coach and inventor hailing from Balijan, Assam, and co-founded with Naveen Babu…

27 Aug

Mitsu Chem Plast Limited Scales Up Again – Adds ~600 MT/Year to Its Existing Manufacturing Capacity

Business

Mumbai (Maharashtra) [India], August 27: Mitsu Chem Plast Limited (BSE: 540078), a leading certified manufacturer of polymer-based molded products, is pleased to announce a further capacity addition at its existing manufacturing facility. The Company is adding 600 MT/Year of manufacturing capacity as part of its ongoing efforts to strengthen its manufacturing capabilities and support future growth. Key Highlights Of The Capacity Addition: Existing manufacturing capacity: 36,000+ MT/Year Existing capacity utilization: 64% for the year ended March 31, 2026 Proposed capacity addition: 600 MT/Year FY27 Capacity Expansion Update:The Company has announced cumulative capacity additions of 6,700 MT/Year in FY27, comprising 2,550 MT/Year in June…

27 Aug

AM/NS Paradip Logistics granted Award of Concession for a berth by Paradip Port Authority for handling Dry Bulk Cargo on a captive basis for 30 years

Business

Surat (Gujarat) [India], August 27: In alignment with the Government of India’s policy to promote coastal shipping as a fuel efficient, economical and environment friendly mode of transport, Paradip Port Authority (PPA) has formally granted Award of Concession to AMNS Paradip Logistics Private Limited (APLPL), a SPV of AM/NS India, for mechanisation of CQ-III berth for handling Dry Bulk Cargo on Captive basis of 10 MTPA capacity. The award was presented by Shri Sarbananda Sonowal, Hon’ble Cabinet Minister for Ports, Shipping & Waterways, Government of India to Shri Deepak Arora, Chief – Corporate Affairs, AM/NS India, during a special function…

27 Aug

Awsum launches Rakhi Special DO or DIY Cake: Which you decorate, write on—and roast your sibling with

Business

This Raksha Bandhan, Awsum turns the traditional Rakhi gift into a hands-on sibling ritual, complete with cake, cream, sprinkles, and permission to roast. New Delhi [India], August 26: This Raksha Bandhan, Awsum is giving siblings a new way to celebrate: DO or DIY, a limited-edition chocolate cake that arrives undecorated—because the fun is in finishing it yourself. Each DO or DIY box comes with a chocolate cake, a ready-to-pipe cream cone and sprinkles. The giver decorates the cake and, more importantly, writes the message. It could be sweet, sentimental or the sibling nickname that would never make it onto an official document. The box also includes roast prompts to get things…

27 Aug

Greenfield Braces for the Gayle Storm: Universal Boss to Unleash Six-Hitting Magic on August 29

Business

Thiruvananthapuram (Kerala) [India], August 26: The ‘Universal Boss’ and six-hitting legend of world cricket, Chris Gayle, is all set to return to the field. Gayle will showcase his explosive batting at the Kariyavattom Greenfield International Stadium in Thiruvananthapuram on August 29, offering fans a rare opportunity to witness his trademark power-hitting up close. He will take to the crease for a special batting performance organised for fans ahead of the Kochi Blue Tigers’ KCL match, scheduled for 2.30 pm. Cricket enthusiasts can look forward to witnessing Gayle’s iconic batting style, including the towering sixes that have thrilled fans and rocked…

27 Aug

PuREPower Launches India’s 1st All-In-One C&I BESS Product

Business

Hyderabad (Telangana) [India], August 26: PUR Energy Limited (PURE Energy), the IIT Hyderabad-incubated deep-tech energy storage company, announced the launch of its new C&I Battery Energy Storage System under the PuREPower brand, positioned as the “PuREPower 120.0” as India’s first all-in-one integrated BESS product built for commercial and industrial applications, and replacing 150 KVA & above class of Diesel Generators. The launch was unveiled at PURE Energy’s BESS Workshop 2026, held on 22 August 2026 at the Convention Centre, IIT Hyderabad, before an audience of 500+ from various corporate, EPC and technology communities from across India. The launch extends the…

27 Aug

PuREPower Launches India’s 1st All-In-One C&I BESS Product

Shruti JoshiBusiness

Hyderabad (Telangana) [India], August 26: PUR Energy Limited (PURE Energy), the IIT Hyderabad-incubated deep-tech energy storage company, announced the launch of its new C&I Battery Energy Storage System under the PuREPower brand, positioned as the “PuREPower 120.0” as India’s first all-in-one integrated BESS product built for commercial and industrial applications, and replacing 150 KVA & above class of Diesel Generators. The launch was unveiled at PURE Energy’s BESS Workshop 2026, held on 22 August 2026 at the Convention Centre, IIT Hyderabad, before an audience of 500+ from various corporate, EPC and technology communities from across India. The launch extends the…