Business – Page 55 – THE ECONOMIC INDIA

17 Jun

Men’s and women’s ethnic wear selling company ‘Riyaasat Lifestyle Ltd’s Rs. 30.77 crore IPO opens on June 18

BusinessBusiness

The company’s IPO will open on June 18 and close on June 22, 2026 Ahmedabad (Gujarat) [India], June 17: Ahmedabad-based ‘Riyaasat Lifestyle Limited’ is a company engaged in the sale of ethnic wear for men and women. The company is bringing an IPO on the BSE SME platform to raise funds for the proposed capital expenditure for establishing 4 new showrooms, meeting working capital requirements, and general corporate purposes. The team of Business Remedies has obtained information regarding the company’s business activities from the company’s prospectus. Information Regarding the IPO: The IPO of ‘Riyaasat Lifestyle Limited’ will open on June…

16 Jun

Unihealth Hospitals Announces Strategic Share Swap to Increase Stake in Uganda’s Victoria Hospital

BusinessBusiness

Mumbai (Maharashtra) [India], June 16: Unihealth Hospitals Limited (NSE: UNIHEALTH | INE0PRF01011), an integrated healthcare services provider listed on NSE Emerge, today announced that it proposes to increase its stake in Victoria Hospital Limited (“Victoria Hospital”), a healthcare company incorporated in Uganda, through a strategic share-swap arrangement with the existing shareholders of Victoria Hospital. Unihealth presently holds 50% equity in Victoria Hospital Limited, with the remaining 50% being held by its partners based in Uganda. Under the proposed transaction, Unihealth intends to acquire additional ordinary shares of Victoria Hospital Limited from its partners by issuing equity shares of Unihealth to…

16 Jun

Bengaluru Successfully Hosted the Inaugural Edition of dealclave, a Leadership Forum for Real Estate Leaders

BusinessBusiness

Bengaluru (Karnataka) [India], June 16: As Bengaluru’s real estate sector evolves on the back of global capital flow, new-age technology-backed business operations, and contemporary ownership models, the traditional ways of investing in property are waning. Shedding light on the current and forthcoming trends in the real estate sector on June 15 for the premiere edition of Dealclave – an especially curated event designed to initiate conversations to help shape the sector’s future. A brainchild of Himanshu Kumar, Founder and CEO of Leadrat and a real estate entrepreneur, the premiere edition of DealClaves saw the who’s who of the real estate sector, including developers, brokers, investors, PropTech founders, and business leaders, etc.,under…

16 Jun

Meme Coins Enter a New Era as MemeToro Introduces AI-Driven Infrastructure

BusinessBusiness

New Delhi [India], June 16: The memecoin sector is entering a very different phase from previous market cycles. For years, meme projects depended almost entirely on viral momentum and short-term speculation. While community culture still remains central to the space, traders are increasingly demanding stronger utility and more interactive participation systems. That shift is helping a new category of AI memecoin ecosystems gain momentum. MemeToro is positioning itself directly within that emerging trend by combining creator infrastructure, AI-powered trading tools, and prediction systems into one participation-focused ecosystem. Meme Coins Are Moving Beyond Pure Speculation The broader meme economy is becoming more…

16 Jun

Repono Limited Signs Landmark 20-Year, Multi-Crore Agreement with Reliance Industries Limited for Greenfield Petroleum Oil Terminal

Shruti JoshiBusiness, Press Release

Mumbai (Maharashtra) [India], June 16: Repono Limited (BSE- REPONO | 544463 | INE15WN01014), a leading Operations and Maintenance (O&M) and 3PL company in the petroleum and petrochemical sector, today announced the signing of a landmark, long-term agreement with Reliance Industries Limited (RIL) for a greenfield petrol, diesel and ethanol storage terminal in western Uttar Pradesh. The 20-year contract is a multi-crore engagement under which Repono will undertake the complete lifecycle of a large-scale, greenfield, rail-fed Petroleum Oil (POL) terminal in western Uttar Pradesh (UP). Reflecting a comprehensive end-to-end scope, Repono will handle the entire Engineering, Procurement and Construction (EPC) phase and subsequently assume complete responsibility for the Operations and Maintenance (O&M) of…

16 Jun

Ducon Infratechnologies Approves Rights Issue of up to ₹25 Crore

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], June 16: Ducon Infratechnologies Limited (NSE- DUCON | BSE- 534674 | INE741L01018), a global diversified technology EPC company delivering engineering solutions across environmental control, clean energy, infrastructure, and process industries, today announced that its Board of Directors has approved a Rights Issue of equity shares aggregating up to ₹25 Crore. The Rights Issue is aimed at strengthening the Company’s financial position, enhancing financial flexibility, and supporting its long-term strategic priorities. The issue will be offered to eligible equity shareholders of the Company on a rights basis. The net proceeds from the Rights Issue are proposed to be utilized for…

16 Jun

The Pittch: Redefining Experiential Marketing Through Culture, Creativity, and Immersive Storytelling

Shruti JoshiBusinessThe Pittch

New Delhi [India], June 16: In today’s rapidly evolving marketing landscape, brands are no longer competing only for visibility — they are competing for attention, engagement, and emotional connection. Consumers seek experiences that feel authentic, immersive, and culturally relevant. This shift has transformed experiential marketing from an optional extension of branding into a core communication strategy. At the forefront of this evolution is the pittch.com⁠, one of India’s emerging experiential marketing and event management agencies that is steadily creating a distinct identity through innovative storytelling, strategic execution, and audience-first experiences. Founded by Sunil Nazare, Sonny Sharma, and Vishal Garg, The…

16 Jun

KYCKART Marks Five Years as Government Funded and Licensed Verification Infrastructure for Indian BFSI

Shruti JoshiBusiness

RegTech platform crosses USD 1 million ARR, secures RBI Innovation Hub DSP, Aadhaar OVSE and Parivahan ULIP licenses, and scales to 250+ clients across banking, insurance and fintech New Delhi [India], June 16: KYCKART, India’s integrated digital verification and fraud analytics platform for the BFSI sector, -this June marked five years of operations, a period in which it scaled from its first insurance client to USD 1 million in annual recurring revenue (ARR), secured four government and regulatory licenses, and built real-time verification infrastructure now relied upon by 250+ banks, NBFCs, insurers and fintechs across India. Five years ago, verifying a loan applicant’s…

16 Jun

Instabiz Filings offers Comprehensive Startup Business Setup Package for Entrepreneurs Across India

Shruti JoshiBusiness, Press Release

A One-Stop Digital Solution platform designed to simplify Company Formation, Compliance, Licensing, and Growth Support Mumbai (Maharashtra) [India], June 16: Instabiz Filings, a leading India-based business consulting and compliance platform, has announced the launch of its newly enhanced Business Startup Setup Package, aimed at helping entrepreneurs, startups, SMEs, and foreign nationals establish and manage businesses in India with ease. The newly launched service is designed as a complete end-to-end startup enablement solution that simplifies company incorporation, registrations, taxation, compliance management, and ongoing advisory support through a fully digital platform. The launch aligns with India’s rapidly growing startup ecosystem and increasing…

15 Jun

Gujarat Inject Kerala Limited Bags Rs. 14.49 Crore Solar PV Module Order from Deon Energy Limited

BusinessBusiness

Order for 16,129 Solar PV Modules of 620 WP capacity strengthens company’s growing presence in India’s renewable energy sector Vadodara (Gujarat) [India], June 15: Gujarat Inject Kerala Limited (BSE: 524238), which is in the process of rebranding as Regenova Renewtech Limited, has secured a significant purchase order worth approximately Rs. 14.49 crore (exclusive of GST) from Deon Energy Limited for the supply of 16,129 Solar PV Modules of 620 WP capacity. The order marks another important milestone in the company’s strategic expansion into the renewable energy and solar solutions segment and further strengthens its position in India’s rapidly growing solar…