Business – Page 58 – THE ECONOMIC INDIA

14 Aug

PSU Major DFCCIL Awards Letter of Acceptance to Magellanic Cloud Limited Subsidiary, Deepening Pan-India PSU Portfolio

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Hyderabad (Telangana) [India], August 14: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), today announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL), Noida, for a contract valued at ₹3.73 crore (Rupees Three Crore Seventy Three Lakh Only). The contract covers the Supply, Installation, Testing and Commissioning (SITC) and Operations & Maintenance (O&M) of an E-Surveillance System across the Kishangarh Balawas (Excl.) – New Rewari – New Phulera – New Kishangarh – Madar (Excl.) section of the Western Dedicated Freight Corridor (WDFC), under the CGM/JP Unit. …

14 Aug

UMC Hospitals, Navi Mumbai Successfully Treats Complex Pancreatic Complication Through Advanced Minimally Invasive Surgery

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Mumbai (Maharashtra) [India], August 14: Unihealth Hospitals Limited (NSE EMERGE: UNIHEALTH | INE0PRF01011), In another significant step towards advancing specialised surgical care in Navi Mumbai, UMC Hospitals, Nerul, Navi Mumbai, has successfully treated a 33-year-old man from Turbhe who developed a large and potentially serious complication following an episode of acute pancreatitis. The patient had initially suffered from severe upper abdominal pain, vomiting and fever and was diagnosed with pancreatitis, an inflammation of the pancreas. He also had Type 1 diabetes and high cholesterol, which were being managed with medication. His initial illness required approximately two weeks of hospitalisation at another hospital in Mumbai. …

14 Aug

How Butterfly Ayurveda’s Chai Range Turns the Tridosha Clock Into a Daily Ritual

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New Delhi [India], August 14: Most Indian households already run on chai time – the sequence is instinctive, even if unspoken. A brisk cup on waking, something lighter through the afternoon, a spiced brew when the weather turns, and perhaps something calming before bed. Butterfly Ayurveda’s tea line takes that unconscious rhythm and gives it a name: the tridosha clock, the Ayurvedic framework that maps Vata, Pitta and Kapha to specific hours of the day. The brand’s four flagship blends, Suprabhat Chai, Shubh Saanjh Chai, Ratri Chai and Masala Chai, are each built to meet a different point on that…

13 Aug

Patel Retail reports strong Q1FY27 performance; Revenue rises 69.7 Percent YoY to Rs. 309.54 crore

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Profit After Tax grows 37.57% YoY to Rs. 9.52 crore, supported by strong business momentum Mumbai (Maharashtra) [India], August 13: Patel Retail Limited, a growing organised retail and food processing company with a strong presence across the Mumbai Metropolitan Region, announced its Q1FY27 financial results following a meeting of its Board of Directors held on August 12, 2026. At the meeting, the Board approved the unaudited standalone financial results for the quarter ended June 30, 2026 and the notice for the Company’s 19th Annual General Meeting, scheduled to be held on September 23, 2026 through Video Conferencing or Other Audio…

13 Aug

The Next Chapter of Made in India Could Be About Where Ideas Thrive

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Manish Khandelwal, Managing Director, Haworth India New Delhi [India], August 13:India has a manufacturing target to chase. The National Manufacturing Mission, announced as part of the Union Budget, aims to raise manufacturing’s contribution to GDP from around 16–17% today to 25% by 2035, with a focus on technology, workforce readiness, quality and ease and cost of doing business. That ambition matters. Manufacturing creates jobs, strengthens supply chains and gives India a larger role in global production. But there is another question worth asking: what if India’s next big competitive advantage comes from what happens before anything gets made? Ideas. Design. Research.…

13 Aug

Best Crypto Presale in August 2026: AlphaPepe Sparks Buying Frenzy Ahead of August 19th Launch Reveal

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The race for the best crypto presale in August 2026 is heating up as AlphaPepe ($ALPE) enters one of the most important weeks of its presale. The project has now raised $2.3 million, attracted more than 10,900 holders, and moved deeper into Stage 20 at $0.02602 after Stage 19 sold out fast. But the biggest catalyst is still ahead. AlphaPepe’s next major launch update reveal arrives on August 19, giving buyers a clear date to watch while presale demand continues building. Add three CEX partnerships already secured, growing Tier-1 listing speculation and a new Bonus Drop offering up to 200% extra ALPE, and retail…

13 Aug

New Meme Coin Presale Live Now: $BULLSKI’s 16-Stage Ladder Starts at $0.00001

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Key Takeaways $BULLSKI opens at $0.00001 on stage 1, steps to $0.000015, and carries a listing reference of $0.0025. Around 42.6 million tokens remained on the opening rung on August 11, 2026, with about 96 percent sold. Supply is capped at 120 billion tokens, and the contract is an ERC-20 on Ethereum. SPX6900, Brett, Mog Coin, and Turbo all trade between 85 and 98 percent below their record highs. A new meme coin presale is running on Ethereum, and it opens lower than most buyers expect. $BULLSKI sells at $0.00001 on stage 1 of a 16-stage ladder, against a published listing reference…

13 Aug

GWC Data.AI Signs MoU with Government of Tamil Nadu to Create 1,000+ AI Jobs in the State

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Chennai (Tamil Nadu) [India], August 13: GWC Data.AI, a Data and AI solutions provider and an Official Anthropic Claude Preferred Partner, today signed a Memorandum of Understanding with the Government of Tamil Nadu to hire 1,000 people in the state over the next year. The MoU was exchanged in the presence of Hon’ble Chief Minister C. Joseph Vijay at the Vetri Tamilnadu Investment Conclave at ITC Grand Chozha. The hiring will span AI engineering, data engineering, agentic AI development, and enterprise delivery, across GWC’s offices in Hosur, Dharmapuri, Salem and Tirupattur. GWC Data.AI will also partner with Guidance Tamilnadu’s skilling…

13 Aug

Cosmic Solar EPC Private Limited Bags EPC Orders Amounting to Rs 574 Cr, Started Mumbai Corporate Office, and Names Avi Mittal as CEO

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Mr. Avi Mittal, CEO, Cosmic Solar EPC PVT. LTD. Mumbai (Maharashtra) [India], August 13: Cosmic Solar EPC Private Limited, a 100% Subsidiary of Cosmic PV Power Limited, today announced three milestones that underscore its accelerating growth trajectory—the commencement of operations from its Mumbai Corporate Office, the appointment of Mr. Avi Mittal as Chief Executive Officer, and the addition of ₹574 crore of solar EPC projects in new business orders. The newly secured order book comprises ₹574 crore worth of Solar EPC projects, further strengthening the company’s execution pipeline and reinforcing its position as a trusted partner in India’s fast-growing renewable…

13 Aug

KRN Heat Exchanger Reports Robust Q1 FY27 with Triple-Digit Growth

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Jaipur [Rajasthan], May 21: KRN Heat Exchanger and Refrigeration Limited (BSE: 544263 | INE0Q3J01015 | NSE: KRN), one of the prominent manufacturers and exporters of aluminium/copper fins, copper tube heat exchangers, water coils, and condenser and evaporator coils has announced its Unaudited Financial Results for Q1 FY27 Key Financial Highlights Q1 FY27 Standalone Key Financial Highlights Revenue from Operations of ₹181.97 Cr, YoY growth of 59.07% EBITDA of ₹24.67 Cr, YoY growth of 24.67% EBITDA Margin of 13.56%, YoY decline of 374 Bps Net Profit of ₹18.67 Cr, YoY growth of 19.02% Net Profit Margin of 10.26%, YoY decline of 345 Bps Diluted EPS…