Business

New Delhi [India], August 6: For decades, going to the dentist in India meant a very predictable, often dreaded experience: a small local clinic, a single reclining chair, and the sharp hum of the drill. Oral care was largely viewed as an act of damage control – something you only thought about when a toothache became too painful to ignore.  Today, that entire script is being rewritten. India’s dental care market is undergoing a massive shift, jumping from more than ₹5200 crores (653 million USD) in 2022 to a mind boggling ₹1,12,000 crore (≈ 1.34 billion USD) by 2030. This boom is…

21st edition of India’s longest-running water and wastewater exhibition brings together policymakers, industry leaders, technology providers and water-sector stakeholders New Delhi [India], August 6: The 21st edition of EAW Global Aqua Expo 2026, India’s longest-running water and wastewater exhibition, was inaugurated today at Bharat Mandapam, New Delhi. Organised by the Earth Water Foundation, the three-day Expo is centred on the theme, “Shaping the Future of Water Through Innovation, Sustainability and Collaboration.” The inaugural ceremony was graced by Dr. Raj Bhushan Choudhary, Hon’ble Minister of State for Jal Shakti, Government of India, as the Chief Guest. The programme began with the…

Hyderabad (Telangana) [India], August 6: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), today announced that its wholly owned subsidiary, Provigil Surveillance Limited, has secured a Letter of Acceptance (LoA) from Western Railway, Ratlam Division, for a project valued at ₹12.13 crore. The project involves the Supply, Installation, Testing and Commissioning (SITC) of advanced telecom infrastructure and CCTV surveillance systems as part of the Upgradation and Replacement of Telecom Passenger Amenities and various station facilities across Ratlam Division in preparation for Simhastha 2028, one of India’s largest religious gatherings. Under the scope of the contract, Provigil Surveillance Limited will deploy a comprehensive…

New Delhi [India], August 6: Standard Engineering Technology Limited (SETL), one of India’s leading high-precision engineering companies, has announced another record-setting quarter for Q1 FY27, alongside two landmark strategic moves that reshape the Company’s growth trajectory. Financial Performance SETL delivered Total Income of Rs. 252.2 crore, up 41.5% year-on-year. EBITDA came in at Rs. 44.1 crore, up 27.3%, with margins holding at 17.5%. Profit Before Tax rose 26.5% to Rs. 36 crore, while Profit After Tax grew 26.6% to Rs. 26.7 crore, translating to a PAT margin of 10.6%. Notably, this growth was achieved even as the Company continued investing…

Surat (Gujarat) [India], August 6: Sumeet Industries Limited (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has announced its Unaudited Financial Results for Q1 FY27. Key Consolidated Financial Highlights  Q1 FY27 Total Income: ₹272.74 Cr  EBITDA: ₹8.85 Cr  EBITDA Margin: 3.24%  Net Profit: ₹1.14 Cr Key Business Developments Successful Completion of ₹199.75 Cr Rights Issue  The Company successfully completed its ₹199.75 Cr Rights Issue, receiving an overwhelming response from shareholders. The Rights Issue has significantly strengthened the Company’s balance sheet and provides the financial flexibility required to accelerate its…

Mumbai (Maharashtra) [India], August 6: Fredun Pharmaceuticals Limited (BSE: FREDUN | 539730), one of India’s leading pharmaceutical formulation manufacturing companies, has announced its unaudited financial results for Q1 FY27. The Company offers a diversified portfolio spanning generics, cosmeceuticals, nutraceuticals, mobility solutions, and animal healthcare products. Q1 FY27 Standalone Financial Highlights Total Income of ₹228.25 Cr, YoY growth of 90.44%  EBITDA of ₹32.78 Cr, YoY growth of 92.90%  EBITDA Margin (%) of 14.36%, YoY growth of 18 Bps  Net Profit of ₹13.17 Cr, YoY growth of 94.63%  Net Profit Margin (%) of 5.77%, YoY growth of 12 Bps  Basic EPS of ₹23.89, YoY growth of…

The homegrown vegan skincare brand continues to gain consumer trust with its clean, barrier-first formulations and efficacy-driven products New Delhi [India], August 6: Humuss Beauty, the vegan and barrier-first skincare brand, is witnessing strong momentum in Punjab months after its launch in March 2026. The growing response from consumers across the state has positioned Punjab among the brand’s key growth markets. Founded with the vision of offering skincare that prioritizes skin health, hydration, and barrier support, Humuss Beauty entered the Indian market to cater to consumers seeking effective formulations backed by ingredients for everyday skincare needs. The brand’s portfolio includes…

Pune (Maharashtra) [India], August 6: Bajaj General Insurance Limited (formerly known as Bajaj Allianz General Insurance Company Limited), one of India’s leading private general insurers, and Swiss Re Corporate Solutions have signed a memorandum of understanding (MoU) to explore a commercial insurance partnership in India. The partnership would bring together Bajaj General Insurance’s strong local market presence with Swiss Re Corporate Solutions’ global risk knowledge and commercial insurance capabilities. Subject to definitive agreements and applicable regulatory requirements, the partnership aims to leverage Swiss Re Corporate Solutions’ International Programs platform and develop structured insurance solutions for the Indian market. The plan…