Business – Page 42 – THE ECONOMIC INDIA

25 Aug

LANXESS increases sales and earnings in the second quarter of 2026

BusinessBusiness

Sales of EUR 1.561 billion, up 6.5 percent from the same quarter last year Mumbai (Maharashtra) [India], August 25: The specialty chemicals company LANXESS improved sales and earnings in the second quarter of 2026 compared with the prior year—despite a continued weak economic environment and ongoing geopolitical uncertainties. The Group generated sales of EUR 1.561 billion, representing a 6.5 percent increase on theprior-year figure of EUR 1.466 billion. EBITDA pre exceptionals came in at EUR 152 million, up 1.3 percent from the EUR 150 million reported in the same quarter last year. The EBITDA margin pre exceptionals for the second quarter…

25 Aug

From SME to Mainstage: Inside Bright Outdoor’s High-Yield Pivot to DOOH and Transit Media

BusinessBusiness

New Delhi [India], August 25: Next time you walk through a bustling Indian metro hub, the old, static vinyl billboards that used to quietly fade into city background noise are fast becoming relics of the past. Today, the high-stakes game of capturing the fleeting attention of India’s metropolitan crowd is played on high-definition digital screens, sprawling transit corridors, and massive live experiences. Sitting at the heart of this transformation is Bright Outdoor Media, a company that has played a significant role in shaping the evolution of India’s Out-of-Home advertising industry. For years, India’s multi-thousand-crore Out-of-Home advertising market operated across a…

25 Aug

India’s Two-Year Time Correction: Why the Next Leg of the Market Could Be Different

BusinessBusiness

By Kushal Shah and Manthan Jhaveri, Fund Managers, Nexus Equity Growth Fund New Delhi [India], August 25: There was no crash. That, more than anything, is why this market gets so little credit for what it has come through. For the better part of two years the Nifty simply moved sideways, and it is easy to forget that Indian shares spent that time absorbing one blow after another, with almost every major economic factor turning against them at the same time. They did not break. And in the last few weeks, quietly, they have started to move: the index has…

25 Aug

ABH Healthcare Ltd’s Rs. 35 crore IPO to close on August 27 – QIB portion subscribes 8.37 times with Strong Investor Interest

BusinessBusiness

Rs.34.98 Crore Fresh Issue to Strengthen Balance Sheet, Support Working Capital and Future Growth Ferozepur (Punjab) [India], August 25: ABH Healthcare Limited (“Company”), a growing multi-speciality healthcare provider operating under the brand name “Anil Baghi Hospital”, announced the opening of its Initial Public Offering (IPO). The Issue is open for and will close on Thursday, August 27, 2026. The Company is proposed to be listed on the NSE SME platform. The Issue Price Band has been fixed at Rs. 96 to Rs. 102 per equity share and the total Issue Size is Rs. 34.98 crore. Highlights : Issue Size: Rs.34.98…

25 Aug

Croma’s New Campaign ‘Ghar Banta Hai Croma Se’ Celebrates the Beautiful Moments That Turn Houses into Homes

BusinessBusiness

New Delhi [India], August 25: Croma, India’s trusted omni-channel electronics retailer from the Tata Group, today launched ‘Ghar Banta Hai Croma Se’ celebrating its deep connection with Indian households, and the relationships, conversations, and memories that turn a house into a home. The modern Indian home has been rapidly evolving with appliances and electronics no longer being aspirational luxuries; they are essential lifelines that shape lifestyle, comfort, and convenience. Rooted in this transition, the campaign highlights Croma’s role not just as a transactional retailer, but as a trusted advisor guiding families through life’s key moments. “Over our 20-year journey, Croma…

25 Aug

Sleeply Enters India’s Mattress Industry backed by 36 years of expertise by Aadi Foam

BusinessBusiness

New mattress brand combines Aadi Group’s manufacturing expertise with new-generation sleep innovation, including proprietary S5 Adaptive Zones technology New Delhi [India], August 25: Aadi Foam has announced the launch of Sleeply, its new mattress brand, marking the company’s entry into India’s evolving sleep and mattress market. Backed by over 36 years of experience in the foam industry. Sleeply brings together Aadi Group’s legacy of quality and consistency with a new-generation approach to comfort, innovation, and the evolving needs of Indian consumers. Sleeply has been created with a clear vision: To make better sleep a more accessible and meaningful part of everyday…

25 Aug

Indiabulls Adds Rs 3,700 Crore Dwarka Expressway Project; Total GDV Pipeline Rises to Rs 27,308 Crore

BusinessBusiness

Mumbai (Maharashtra) [India], August 25: Indiabulls Limited (BSE: 533520 | NSE: IBULLSLTD), formerly known as Yaari Digital Integrated Services Limited, has expanded its real estate development pipeline with a new Development Management mandate for a premium residential project on the Dwarka Expressway in Gurugram. Under the agreement with a private landlord, the company will develop a residential project spread across approximately 10.84 acres, with a saleable area of around 21 lakh sq. ft. The project has an estimated Gross Development Value (GDV) of ₹3,700 crore. Following the addition of this project, Indiabulls’ total project GDV pipeline has increased to ₹27,308…

25 Aug

This Raksha Bandhan, Gift Your Sibling More Space for What They Love with Kingston Technology

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Mumbai (Maharashtra) [India], August 25: Raksha Bandhan is a celebration of the bond between siblings—filled with familiar rituals, playful teasing and thoughtful gestures. This year, Kingston Technology, a world leader in memory products and technology solutions, is bringing a practical twist to the tradition of gifting, with technology that helps siblings make more room for the moments, memories and experiences they share. Moving beyond conventional gifting choices, Kingston’sRaksha Bandhan recommendations are designed around the everyday needs of modern users. From storing cherished photos and videos to managing work files,creative projects and digital entertainment, compact external SSDs,high-performance internal drives and reliable everyday…

25 Aug

Groweon Evolves CRM into a ‘System of Action’ with AION Agentic AI

BusinessBusiness

Company introduces AION Autopilot and AION AI+ to bring Agentic AI and Generative AI directly into everyday CRM workflows Noida (Uttar Pradesh) [India], August 25: Groweon Digital Pvt. Ltd. today announced the evolution of its CRM platform into an Agentic CRM, designed to move beyond simply recording customer information and sales activity to helping businesses understand what is happening, determine what needs to happen next, and execute defined actions within the boundaries set by the business. At the centre of this evolution is AION, Groweon’s AI ecosystem comprising AION Autopilot, focused on Agentic AI and autonomous execution, and AION AI+, focused on Generative AI-powered assistance. From System of Record…

25 Aug

Waterways Leisure Tourism Shares Turn Ex-Split Today; 1:10 Stock Split Takes Effect

Shruti JoshiBusiness

New Delhi [India], August 25: Shares of Waterways Leisure Tourism Ltd, the company behind the Cordelia Cruises brand, are turning ex-split today, August 25, ahead of the record date fixed for August 26. The recently listed travel and cruise company is undertaking a 1:10 stock split, under which each existing equity share with a face value of ₹10 will be subdivided into 10 equity shares with a face value of ₹1 each. The stock split comes shortly after Waterways Leisure Tourism made its stock market debut on July 1, 2026. The company’s board had approved the subdivision in July, stating…