Business – Page 4 – THE ECONOMIC INDIA

25 Sep

A10 Networks Launches A10 AI Gateway, an Intelligent Control Plane for Unified Management of All AI Operations

BusinessBusiness

Centralizes AI model visibility, cost management and governance to support secure AI adoption within customer environments – New Delhi [India], September 24: A10 Networks (NYSE: ATEN) today announced that A10 AI Gateway, an intelligent control plane for centrally managing AI use across organizations, is scheduled to become available in the fourth quarter of 2026. A10 AI Gateway: Powering secure, scalable, and intelligent AI traffic management for modern enterprises. A10 AI Gateway provides unified routing, cost management and governance across the AI agents, applications and large language models (LLMs) used by organizations. It enables centralized visibility into AI usage, cost optimization,…

25 Sep

Mitsu Chem Plast Expands Capacity by Over 20% to Support Rising Demand and Long-Term Growth

BusinessBusiness

Mumbai (Maharashtra) [India], September 25: Mitsu Chem Plast Limited, a Mumbai-headquartered manufacturer of blow-moulded and injection-moulded polymer products, has expanded its annual manufacturing capacity by 6,700 tonnes since April 2026. With these additions, the company’s total installed capacity has crossed 36,600 tonnes per year, compared with 29,900 tonnes at the end of FY26. The capacity was added in three phases between June and August 2026, with an initial addition of around 2,550 tonnes per annum at the company’s Khalapur facility, followed by further additions of approximately 3,550 tonnes and 600 tonnes per annum, respectively. The capacity expansion is being funded…

25 Sep

Bright Outdoor Media Readies Main Board Migration as Digital LED Revenue Scales

BusinessBusiness

Mumbai (Maharashtra) [India], September 25: Bright Outdoor Media Limited, India’s first listed out-of-home advertising company, is preparing to migrate from the BSE SME platform to the main board of BSE, alongside a proposed direct listing on the National Stock Exchange. The move comes after three years of investment in digital screens, premium advertising locations and transit properties. On 12th June 2026, the Company’s Board approved the proposed migration, which is subject to shareholder and regulatory approvals. For the management, the proposed move reflects the progress made by the Company since its listing in 2023. For the year ended 31st March…

25 Sep

PC Jeweller Allots 3.64 Crore Shares on Warrant Conversion; Paid-Up Capital Rises

BusinessBusiness

New Delhi [India], September 25: PC Jeweller Limited has allotted 3.64 crore equity shares to promoter and Managing Director Balram Garg following the conversion of the remaining fully convertible warrants, according to an exchange filing dated September 24, 2026. The company said its board, through a circular resolution, approved the allotment of 3,63,62,222 equity shares with a face value of ₹1 each. The allotment follows receipt of the balance consideration of approximately ₹49.09 crore, representing 75% of the issue price of the warrants. The shares have been issued at ₹18 apiece, including a premium of ₹17 per share. With this…

25 Sep

Blue Cloud Wins US$15.5 Million AI Infrastructure Order from IBM Cloud Inc

BusinessBusiness

Hyderabad (Telangana) [India], September 25: Blue Cloud Softech Solutions Limited (“Blue Cloud” or “the Company”) (BSE: 539607; NSE: BLUECLOUDS), an AI-first technology company, today announced that its wholly owned US subsidiary, Global Impx Inc. (“GIX”), has received a signed Statement of Work from IBM Cloud Inc for AI Infrastructure Design, Deployment and Support Services, at a fixed fee of US$15.5 million (approximately ₹147 crore). The Statement of Work is issued under a Master Services Agreement between the two companies dated 21 August 2026. Work commenced on 24 September 2026, and fees are payable against five milestones running from project kick-off…

24 Sep

Searching “Original Agarwal Packers and Movers” Online? Here’s What You Should Check Before Booking Your Move

BusinessBusiness

New Delhi [India], September 24: Moving to a new home or city is already a major task. From packing household belongings and shifting furniture to transporting a car, there are several things that need to be planned carefully. But before all of this, there is one important step that people often overlook making sure they are actually booking the right moving company. This becomes particularly important when searching online for a well-known moving brand Agarwal Packers and Movers. A quick online search can bring up multiple websites, business listings, advertisements and companies with names that may look similar. So, how…

24 Sep

Hafele Smart Locks Put Flexible Access at Your Fingertips

BusinessBusiness

Hafele Nexus Digital Lock New Delhi [India], September 24: Hafele offers smart access solutions that bring together security, convenience and flexibility for modern residential, hospitality and commercial spaces. The Hafele Nexus Lock and Hafele Prolock PL200 are designed to provide reliable and convenient access management, catering to different security and usage requirements. For hotels and hospitality spaces, the Hafele Prolock PL200 makes guest access more convenient while giving property managers greater control. Designed to support seamless and secure entry, the PL200 combines smart functionality with a sleek, durable design that complements modern hospitality environments. It offers a practical solution for…

24 Sep

CHUK launches India’s first public leaderboard ranking restaurants by their switch away from plastic tableware

Shruti JoshiBusiness, Trending

Noida (Uttar Pradesh) [India], September 24: CHUK, the compostable tableware brand of Ayodhya-based Pakka Limited, has launched India’s first public leaderboard that ranks restaurants by the environmental impact of their switch to compostable tableware. Part of the Restaurants Who Care Club (RWCC), the leaderboard turns a restaurant’s move away from single-use plastic into a visible, verified and public score. Members of RWCC have so far put around 5.8 million compostable products into service in place of plastic. The leaderboard ranks member restaurants on three counts: The number of meals served plastic-free The carbon-dioxide emissions avoided The volume of compostable tableware…

24 Sep

Skinique Redefines Clinical Skincare Beyond Conventional Beauty Trends

Shruti JoshiBusiness, Press Release

A doctor-led brand built around imported Korean and Japanese actives brings accessible, science-backed skincare formulated specifically for Indian skin. New Delhi [India], September 24: India’s skincare market has seen a wave of direct-to-consumer brands compete largely on ingredient marketing in recent years. Skinique, founded by aesthetic physician Dr. Shallu Kapiil, is entering that field with a different pitch: a four-product routine built around research-backed complexes imported from Korea and Japan. Skinique’s brightening range for radiant, hydrated, healthy-looking skin every day. According to the company, the idea took shape in Dr. Kapiil’s clinical practice, where she found patients had little reliable…

24 Sep

Dudani Retail’s IPO to Open on September 25, 2026; Company Aims to Raise Rs. 10.54 Crore

Shruti JoshiBusiness, Press Release

IPO proceeds to fund manufacturing facility expansion, working capital requirements, debt repayment. Jaipur (Rajasthan) [India], September 24: Dudani Retail Limited (“Company”), a Jaipur-based company engaged in the designing, manufacturing, sourcing and supply of apparel and related products, announced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Friday, September 25, 2026 and will close on Tuesday, September 29, 2026. The Equity Shares are proposed to be listed on the BSE SME platform. The Company is offering 36,36,000 Equity Shares with a face value of Rs. 10 each at an Issue Price of Rs. 29…