Business – Page 79 – THE ECONOMIC INDIA

29 Jul

Baheti Recycling Industries reports 89% revenue growth in Q1 FY27

BusinessBusiness

Aluminium recycler posts net revenue of Rs. 253.94 crore, begins commercial sales of copper alloy ingots Ahmedabad (Gujarat) [India], July 29: Baheti Recycling Industries Limited (NSE: BAHETI), a leading player in aluminium recycling and the manufacture of aluminium alloys and de-ox alloys, reported a strong performance for the first quarter of FY27, with net revenue rising 88.90% year-on-year to Rs. 253.94 crore, driven by robust demand across its core aluminium recycling business. The company had reported net revenue of Rs. 134.43 crore in the corresponding quarter of the previous financial year. Alloy ingots remained the largest revenue contributor during the…

29 Jul

DPA Kandla Has Once Again Rewritten History By Breaking Its Own National Record Of Highest-Ever Single-Day Cargo Handling

Shruti JoshiBusiness

Kandla (Gujarat) [India], July 29: On 26th July 2026, DPA achieved an unprecedented 7,83,816 MTs of cargo handling in a single day, surpassing its own National Record of 7,78,570 MTs achieved on 17th June 2026. Adding to this remarkable achievement, Offshore Oil Terminal, Vadinar also established a new 24-hour benchmark by handling 5,09,101 MTs of liquid cargo, exceeding its previous record of 5,07,397 MTs. On 17.06.2026. The record handling included 2,55,557 MTs of Crude Oil, 40,534 MTs of POL, and 2,13,010 MTs of LPO. This remarkable milestone stands as a testament to the transformative vision of Hon’ble Prime Minister Shri…

29 Jul

Patel Retail Limited Continues Retail Expansion with 53rd Store Opening in Uran

BusinessBusiness

Mumbai (Maharashtra) [India], July 28: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), A diversified retail and food processing company has announced the opening of its 53rd retail store at Karanja Road, Uran, Raigad, further expanding its retail footprint and strengthening its presence across the Mumbai Metropolitan Region (MMR). The newly launched store is strategically located to enhance accessibility for customers in Uran and nearby areas, reflecting the Company’s continued focus on expanding into suburban and emerging urban markets. The expansion is aligned with Patel Retail’s strategy of increasing its retail presence in high-growth locations while serving the evolving needs of local communities. With its growing…

29 Jul

MD Motors Founder Kailash Bhati Honoured with National Business Excellence Award for Transforming India’s Transport Infrastructure

BusinessBusiness

Ahmedabad (Gujarat) [India], July 28: M D Motors, one of Gujarat’s leading transport infrastructure companies, has achieved another significant milestone as its Founder and Managing Director, Shri Kailash Bhati, was conferred with the prestigious National Business Excellence Award. The recognition celebrates his outstanding contribution to India’s transport sector through innovation, technology-driven solutions, road safety initiatives, and visionary business leadership. Under the leadership of Shri Kailash Bhati, M D Motors has emerged as a trusted name in developing and operating Government Approved Automated Vehicle Fitness Testing Stations (ATS) across Gujarat and the Union Territory of Silvassa. The company has played a…

28 Jul

Iris Clothings Reports Stellar Performance with Robust 53% growth in Net Profit

BusinessBusiness

Howrah (West Bengal) [India], July 28: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids wear, announced its financial results for the first quarter ended June 30, 2026. Key Financial Highlights Q1 FY27 Consolidated Financial Highlights Total Income of ₹4,724 Lakhs, YoY growth of 26% EBITDA of ₹809 Lakhs, YoY growth of 53% EBITDA Margin stood at 17.1% PAT of ₹401 Lakhs, YoY growth of 53% PAT Margin stood at 8.5% FY26 Consolidated Financial Highlights Total Income of ₹19,087 Lakhs, YoY growth of 30.5% EBITDA of ₹2,944 Lakhs, YoY growth of 4% EBITDA Margin stood at…

28 Jul

The Founders Taking Indian Innovation to the World Stage

BusinessBusiness

Mumbai (Maharashtra) [India], July 28: Not long ago, seeing “Made in India” on a product tag felt almost like an apology. But honestly, that’s quickly changing, mostly thanks to founders who didn’t let geography define their ambitions. Whether they’re straight out of college or knocking on sixty, these entrepreneurs didn’t wait for a ticket to Silicon Valley — they built for the world right from home. Building Global Companies Without Leaving Home Take Sridhar Vembu. Everyone else in his generation seemed to move to the US for funding and customers. Not him. He built Zoho out of a small town…

28 Jul

Hospitality Thinking Isn’t Just for Hotels: Why Hospitals, Banks, and Retail Stores Are Quietly Borrowing the Industry’s Playbook By Brendon Pereira

BusinessBusiness

Brendon Pereira, Co-Founder, Adevo Academy New Delhi [India], July 27: There is a moment every seasoned hotelier recognises. A guest walks into a lobby, uncertain, slightly overwhelmed. Before they reach the front desk, a well-trained staff member has already made eye contact, smiled, and moved toward them. The guest doesn’t know it yet, but their experience has already been designed — not by accident, but by a system. That system has a name. We call it hospitality training. And for the past three decades, it has been considered the exclusive domain of hotels, restaurants, and resorts. That assumption is now…

28 Jul

Cure By Design Expands to Chennai, Opens Anna Nagar Store and Announces Limited Franchise Opportunities Across India

BusinessBusiness

Chennai (Tamil Nadu) [India], July 28: Bengaluru-based medical cannabis and plant wellness company Cure By Design has announced the launch of its first retail store in Chennai’s Anna Nagar, marking a significant milestone in its national expansion journey. The new outlet, opening on July 17, 2026, is the company’s third physical store after its successful locations in Bengaluru’s Indiranagar and Lavelle Road, and signals the beginning of a carefully planned franchise expansion across India’s leading tier-one cities. Founded in 2020, Cure By Design has emerged as one of India’s pioneering companies in the medical cannabis and plant wellness sector. Over the past six years,…

28 Jul

Alloy Unveils a New Chapter in Indian Design: An Evolved Practice Built on Collective Expertise

Shruti JoshiBusinessAlloy

Alloy Partners (L to R – Chintan Patel, Bhumika Patel, Bhavisha Thakur, Rupesh Shah, Bijal Shah) Mumbai (Maharashtra) [India], July 28: On 18 July 2026, the Indian design landscape welcomes Alloy, a multidisciplinary architecture and interior design practice that represents the convergence of three established design studios into one unified vision. Alloy is the culmination of decades of experience, complementary expertise, and a shared commitment to creating architecture and interiors that are thoughtful, enduring, and deeply contextual. Built on the philosophy that the strongest outcomes emerge through collaboration, Alloy brings together the creative strengths of The Ink Studio Co., Limited Edition Design Studio,…

28 Jul

Astro Cultural Mahotsav 2.0: A Gathering of Astrologers, Numerologists, and Vastu Experts

Shruti JoshiBusiness

New Delhi: To promote Indian art, Sanatan culture and astrology, the ‘Astro Cultural Mahotsav Conclave 2.0’ was organised at the India International Centre. The programme was attended by renowned astrologers, Vastu experts, numerologists, social workers and dignitaries from across the country. On this occasion, views were shared on astrology, Indian culture, spirituality and the importance of positive energy in life. Delhi MP Manoj Tiwari, Acharya Pramod Krishnam, Peethadheeshwar of Kalki Dham, Acharya GD Vashisht, the author of Lal Kitab, and renowned astrologer Dr Jai Madan highlighted the usefulness of astrology and Indian knowledge tradition in modern life. Astro Cultural Mahotsav…