Business – Page 57 – THE ECONOMIC INDIA

14 Aug

Upcoming Meme Coins to Watch and the One Already Selling at Stage One

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Key Takeaways Meme coins held $24.85 billion on August 12, 2026, down 2.96 percent, with $1.46 billion traded in 24 hours. SPX6900 changed hands at $0.3157 for $294 million, about 86.1 percent below the $2.27 it reached in July 2025. Brett fell 5.5 percent to $0.003873, while Mog Coin sat at $0.0000000988 for a $38.6 million market value. Bullski runs a 16-stage ladder on Ethereum with a 120 billion fixed supply, stage 1 at $0.00001 and a $0.0025 listing reference. Lists of upcoming meme coins fill up fast, and most entries never reach an exchange at all. Checking what already exists is…

14 Aug

HSBC India Offers Zero Forex Markup Across All Its Credit Cards

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Continues to keep Dynamic Currency Conversion (DCC) charges at Zero Mumbai (Maharashtra) [India], August 13: HSBC India has announced zero forex markup for all HSBC credit cards from 15 August 2026 to 15 September 2026 (both dates inclusive), aimed at providing better value for money to customers on international spending. The offer is extended across the entire HSBC credit card portfolio held by existing Indian residents. The offer is valid on all HSBC credit cards—HSBC Premier Credit Card, HSBC Taj Credit Card, HSBC Live+ Credit Card, HSBC TravelOne Credit Card and HSBC Platinum Credit Card. HSBC Prive Credit Card and…

14 Aug

DEV IT Reports Q1 FY27 Consolidated Total Income of ~Rs 45 Cr, Sustaining Business Momentum with Continued Order Wins

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Ahmedabad (Gujarat) [India], August 14: Dev Information Technology Limited (DEV IT), (NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company offering Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, has reported its Unaudited financials for Q1 FY27. Key Financial Highlights Q1 FY27 Consolidated Key Financial Highlights Total Income of ₹44.64 Cr, YoY growth of 2.73% EBITDA of ₹3.99 Cr EBITDA Margin of 8.93% Net Profit of ₹2.11 Cr Net Profit Margin of 4.72% Q1 FY27 Standalone Key Financial Highlights Total Income of ₹32.80 Cr EBITDA of ₹2.48 Cr EBITDA Margin of 7.57% Net Profit of ₹1.31 Cr Net Profit Margin of 3.99% Commenting…

14 Aug

Juniper Hotels to Invest Rs 850 Crore to Develop Landmark Luxury Hotel in New Delhi

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Left to right: Dr. Mannan Akhtar, DDA Commissioner (Lands); Shri N. Saravana Kumar, Vice Chairman, DDA; Mr. Sardar Taranjit Singh Sandhu, Lieutenant Governor (DDA Chairman); Mr. Arun K. Saraf, Chairman and Managing Director, Juniper Hotels Limited; Mr. Amit Saraf, President, Juniper Hotels Limited; and Mr. Ravi Shankar, Principal Commissioner (LD, LM, PM-UDAY and Land Pooling).New Delhi [India], August 14: Juniper Hotels Limited (“Juniper/”Company”),will develop a luxury 5-star hotel in Sector 23, Dwarka, Delhi, adding approximately 550 keys, involving a capital expenditure of around INR 850 crore. Upon completion, Juniper’s presence in New Delhi is expected to expand to approximately 1,000 keys, further strengthening its position in…

14 Aug

Kennametal India Delivers Strong Q4 FY26 Performance

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Bengaluru (Karnataka) [India], August 14: Kennametal India Limited (KIL) concluded Q4 FY26, ended June 30, 2026, with strong revenue growth. Sales increased by 47.68% year-over-year to ₹ 4776 Mn, compared to ₹ 3234 Mn in the same quarter last fiscal year, driven by broad-based demand across end-use segments. The Hard Metal segment delivered strong performance in terms of volume growth, enabling the Company to effectively navigate evolving market dynamics. Profit Before Tax (PBT) grew year-over-year to ₹ 1184 Mn compared to ₹ 413 Mn in the corresponding quarter last year. Vijaykrishnan Venkatesan, Managing Director, KIL, said, “We are pleased to…

14 Aug

Ankit Gems, a De Beers Sightholder, Enters Retail with Eyora Jewels

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From certified provenance to a tech-driven natural diamond solitaire jewellery programme, AnkitGems’ new venture brings natural diamond solitaires to a new generation of consumers Mumbai (Maharashtra) [India], August 14: Born from a legacy of excellence in diamonds as an Ankit Gems alliance, Eyora Jewels led by Mr. Ankit Shah, Mr. Ankit Singh Kimtee and Mr. Samyak Kataria, is a retail venture built to reinforce consumer interest in natural diamonds. Eyora Jewels Private Limited brings together a powerful blend of diamond expertise, sourcing provenance, and business discipline introducing a technology-driven, natural diamond solitaire jewellery programme, designed to empower retail jewellers to…

14 Aug

VMS TMT Limited Announces Q1 FY27 Results

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VMS TMT Limited Delivers 16.16% YoY Revenue Growth in Q1 FY27 Gandhinagar (Gujarat) [India], August 14: VMS TMT Limited, a Gujarat-based manufacturer of TMT Bars and Billets, announced its Unaudited Financial Results for the quarter ended June 30, 2026. The Company delivered a positive start to FY27, supported by its integrated manufacturing capabilities, in-house billet production and established distribution network across Gujarat. During the quarter, VMS TMT continued to strengthen operational efficiency, enhance manufacturing integration and focus on consistent product quality, cost optimisation, and sustainable business growth. Key Financial Highlights – Q1 FY27(₹ Lakhs) ParticularsQ1 FY27Q1 FY26Total Income24,787.8921,339.35EBITDA1,218.932,061.76Net Profit446.75857.64 Business Highlights…

14 Aug

Organic Recycling Systems’ Subsidiary Secures Second O&M Contract from Indian Oil for Gorakhpur CBG Plant

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ORSL’s subsidiary, Solapur Bioenergy Systems, has bagged a ₹15.46 cr two-year O&M contract, boosting its role in India’s CBG sector. New Delhi [India], August 13: Organic Recycling Systems Limited (BSE: 543997), an integrated CleanTech and decarbonisation platform, is pleased to announce that its wholly owned subsidiary, Solapur Bioenergy Systems Private Limited (SBESPL), has secured the renewal of its Operations and Maintenance (O&M) contract from Indian Oil Corporation Limited (IOCL) for the Gorakhpur Compressed Biogas plant in Uttar Pradesh. This marks the second consecutive term for which SBESPL has been entrusted with full O&M responsibility for the facility, underscoring the sustained operational confidence IOCL has placed in…

14 Aug

Organic Recycling Systems’ Subsidiary Secures Second O&M Contract from Indian Oil for Gorakhpur CBG Plant

Shruti JoshiBusinessbioenergy, CBG, GOBARdhan, Gorakhpur, Indian Oil, ORSL, SATAT, Solapur Bioenergy

ORSL’s subsidiary, Solapur Bioenergy Systems, has bagged a ₹15.46 cr two-year O&M contract, boosting its role in India’s CBG sector. New Delhi [India], August 13: Organic Recycling Systems Limited (BSE: 543997), an integrated CleanTech and decarbonisation platform, is pleased to announce that its wholly owned subsidiary, Solapur Bioenergy Systems Private Limited (SBESPL), has secured the renewal of its Operations and Maintenance (O&M) contract from Indian Oil Corporation Limited (IOCL) for the Gorakhpur Compressed Biogas plant in Uttar Pradesh. This marks the second consecutive term for which SBESPL has been entrusted with full O&M responsibility for the facility, underscoring the sustained operational confidence IOCL has placed in…

14 Aug

Chhattisgarh’s Own Cake Brand Is Redefining Everyday Celebration

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Me2 Cake India Brings 750 Varieties of Fresh, Pure-Veg Cakes to Raipur — With Buy 1 Get 1, Every Single Day New Delhi [India], August 14: In a market where premium usually means expensive, a homegrown bakery brand from Raipur is proving that quality and affordability don’t have to be at odds. Me2 Cake India started with a straightforward promise: fresh, 100% pure vegetarian cakes at prices ordinary families can afford. Backed by a decade of hands-on bakery experience, the brand has grown quickly into one of Chhattisgarh’s most talked-about dessert names, built on trust, taste, and consistency rather than…