Business – Page 75 – THE ECONOMIC INDIA

03 Aug

ACE Software Posts Earnings Turnaround; Standalone Profit Before Tax Up 43% YoY

BusinessBusiness

Ahmedabad (Gujarat) [India], August 3: Ace Software Exports Limited (BSE: 531525) continued its profitable growth trajectory during Q1 FY2026-27, reporting sustained revenue expansion, a return to consolidated profitability and a 42.7% year-on-year increase in Standalone Profit Before Tax. The results reflect disciplined execution while the Company continues to invest in Artificial Intelligence (AI), digital platforms, proprietary technology assets and scalable growth opportunities. Q1 FY27 Financial Highlights Standalone Revenue from Operations for the quarter ended June 30, 2026, increased 8.6% year-on-year to ₹3.54 crore. Consolidated Revenue grew 7.9% year-on-year to ₹14.29 crore. Standalone Profit Before Tax increased 42.7% YoY, reflecting improved…

03 Aug

Silver Storm Parks & Resorts Limited Successfully Concludes IPO

BusinessBusiness

Mumbai (Maharashtra) [India], August 1: Silver Storm Parks & Resorts Limited, one of India’s leading tourism and theme park chains, has successfully concluded its Initial Public Offering (IPO), raising ₹82.43 crore. The Qualified Institutional Buyers (QIB) category was subscribed 1.81 times, attracting applications worth ₹31.02 crore. The Retail Individual Investors (RII) category was subscribed 1.41 times, receiving applications worth ₹38.73 crore, while the Non-Institutional Investors (NII) category witnessed a subscription of 3.19 times, garnering applications worth ₹37.64 crore. The company also raised ₹21.97 crore from Anchor Investors and ₹4.14 crore from the Market Maker. Vivro Financial Services Private Limited acted…

01 Aug

Bootstrapped to Scale: How GetGabs Built an AI-Driven WhatsApp Platform Powering 10 Million+ Monthly Messages — Without External Capital

BusinessBusiness

Jaipur (Rajasthan) [India], August 1: In a startup ecosystem where capital often precedes product-market fit, GetGabs has taken a deliberately different path — achieving meaningful scale and a compounding AI moat entirely through bootstrapped execution. After two years in the market, the platform now serves 1,500+ businesses, supports 35,000+ users, and processes over 10 million messages per month. The company has earned approximately 4.9/5 ratings across major review platforms, with adoption spanning e-commerce, education, SaaS, healthcare, and professional services — all achieved without raising external capital. For investors, this signals something important: GetGabs has already crossed the riskiest phase of…

01 Aug

AAGHAAZ Indian Artisan Single Malt Whisky Wins Global Rising Star Award 2026 at the House of Lords, UK Parliament

BusinessBusiness

New Delhi [India], August 1: AAGHAAZ Indian Artisan Single Malt Whisky has achieved a significant milestone by becoming the first Indian single malt whisky to receive the prestigious Global Rising Star Award 2026. The award was presented at the House of Lords, UK Parliament, London, by MP Paul Scully and Lord Rami Ranger, recognising the brand’s craftsmanship, innovation, premium quality, and growing global presence. The honour was received by Gauravh Malhotra, Director of Oasis Group of Companies, marking a proud moment for AAGHAAZ, Oasis Group, and the Indian spirits industry. The recognition reflects the increasing global appreciation of Indian single malts and…

01 Aug

Silver Storm Parks & Resorts Limited Successfully Concludes IPO

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], August 1: Silver Storm Parks & Resorts Limited, one of India’s leading tourism and theme park chains, has successfully concluded its Initial Public Offering (IPO), raising ₹82.43 crore. The Qualified Institutional Buyers (QIB) category was subscribed 1.81 times, attracting applications worth ₹31.02 crore. The Retail Individual Investors (RII) category was subscribed 1.41 times, receiving applications worth ₹38.73 crore, while the Non-Institutional Investors (NII) category witnessed a subscription of 3.19 times, garnering applications worth ₹37.64 crore. The company also raised ₹21.97 crore from Anchor Investors and ₹4.14 crore from the Market Maker. Vivro Financial Services Private Limited acted…

01 Aug

Infistar Renewables Pvt Ltd, India, partners with Finland’s Arciplug Oy to Bring First-in-India Modular Plug Flow Compressed Biogas Technology

BusinessBusiness

Joint venture aims to accelerate clean energy adoption through modular plug flow biogas plants, promote circular economy solutions and support Make in India Ahmedabad (Gujarat) [India], July 31: Infistar Renewables Pvt Ltd has entered into an exclusive joint venture with Finland-based Arciplug Oy to introduce make-in-India MODULAR PLUG FLOW compressed biogas plants, marking a significant step towards advancing the country’s renewable energy ambitions through next-generation CBG solutions. The joint venture, Arcistar Bioenergy Pvt Ltd, will deliver turnkey make-in-India Modular Plug-Flow CBG plants (<3 TPD), capable of converting agriculture residues, municipal solid waste and other organic waste into clean energy. This…

01 Aug

Forcas Studio Limited Launches FTX on Flipkart Minutes – Now Delivering Fashion in as Little as 20 Minutes

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Kolkata (West Bengal) [India], August 1: Forcas Studio Limited (NSE: FORCAS), one of the leading fashion and lifestyle companies, is pleased to announce that its flagship fashion brand FTX has been launched on Flipkart Minutes with effect from July 29, 2026, enabling customers to receive selected FTX products in as little as 20 minutes. Key Highlights of the Announcement: FTX is now available on Flipkart Minutes from July 29, 2026 Selected FTX products can be delivered in as little as 20 minutes Strengthens the Company’s omnichannel retail strategy Expands FTX’s presence across India’s rapidly growing quick commerce ecosystem Enhances customer convenience through…

01 Aug

TRUtest Diagnostics ventures into ‘Integrated, Consumer-First Diagnostics’

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India’s fastest growing comprehensive diagnostics powerhouse opens its first integrated pathology, radiology & cardiology centre in Gurugram — with a 50-centre, ₹250 crore mission to make world-class, coordinated diagnostics accessible and affordable in the country’s fringe and Tier 2/3 cities. Gurugram (Haryana) [India], August 1: TRUtest Diagnostics, incubated by the Manipal Group, has launched its first integrated pathology, radiology and cardiology centre — and with it, a nationwide mission to make world-class, coordinated diagnostics accessible and affordable well beyond India’s metros. The company will build 50 such centres over the next five years, with the sharpest focus on the fringe…

01 Aug

The Blessed Ones Launches ‘SafeScan’, A Wearable-Free Child Identification System for Children with Special Needs

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Pune (Maharashtra) [India], August 1: The Blessed Ones (TBO), a network of neurodevelopmental therapy centres serving children with special needs, has announced the launch of SafeScan, a first-of-its-kind wearable-free child identification and emergency alert system designed specifically for children with sensory processing sensitivities. Launched on July 30, 2026, the initiative coincides with the 13th birthday of Akshita, the autistic daughter of TBO Founder Amitej Priyadarshi. The founder said the product was inspired by his personal journey as the parent of a child with autism and the need for a practical safety solution for children who are unable to communicate their…

01 Aug

Hammer Management & Marketing Services Brings Three Prestigious National Culinary Competitions to IHE Expo 2026

Shruti JoshiBusinessculinary league, greater noida, hospitality expo, ihe 2026, master bakers challenge, pastry queen india

New Delhi [India], July 30: Three of India’s leading national culinary competition platforms—Valrhona Pastry Queen India 2026, Kolb Master Bakers Challenge India 2026, and AgroPure Culinary League 2026 – Battle of Besan—will be held during the 8th India International Hospitality Expo (IHE Expo) 2026 from 5 to 8 August 2026 at the India Expo Centre & Mart, Greater Noida, NCR. Co-organised by IHE Expo 2026 and Hammer Management & Marketing Services in association with Bakery Review, the three nationally recognised competitions celebrate culinary excellence while creating meaningful opportunities for professional women pastry chefs, professional bakers and home cooks to showcase…