Business – Page 84 – THE ECONOMIC INDIA

27 Jul

Sumeet Industries Limited Completes ₹199.75 Cr Rights Issue to Drive Capacity Expansion and Long-Term Growth

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Surat (Gujarat) [India], July 27: 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 successfully completed its Rights Issue, with the Board of Directors approving the allotment of 16,84,24,217 Equity Shares of face value ₹2 each at an issue price of ₹11.86 per Equity Share, aggregating ₹199.75 Cr. The Rights Issue was offered to eligible shareholders in the ratio of 8 Rights Equity Shares for every 25 fully paid-up Equity Shares held. The issue remained open from June 22, 2026 to July 20, 2026, enabling existing shareholders to…

27 Jul

Ease of Doing Business: How Reforms Are Reshaping Indian Industry

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Mumbai (Maharashtra) [India], July 27: Ten years ago, if you wanted to start a small factory in India, you probably spent weeks going from one government office to another, chasing stamps and signatures for permits that didn’t really have much to do with what you were trying to build. Now things look very different. If you’re a first-time entrepreneur in Coimbatore or Indore, you can register your company, sort out your bank account, and apply for GST, often in just a few days, usually online, without ever stepping into a government building. That’s not luck—it’s the result of a steady,…

27 Jul

Experience the Future of Smart Security with Hafele’s Vega Digital Lock

Shruti JoshiBusinessdigital lock, fingerprint lock jewellery box, Hafele India, Home Security, modern interiors, RFID lock, smart home, smart lock, Vega Digital Lock, Wi-Fi lock

Hafele Vega Digital Lock Mumbai (Maharashtra) [India], July 27: As homes become smarter and security expectations continue to evolve, Hafele introduces the Vega Digital Lock—a sophisticated all-in-one locking solution that seamlessly combines intelligent technology, versatile access options, and elegant design. Crafted with a sleek, flush body that appears to be forged from black glass, the Vega Digital Lock enhances contemporary interiors while delivering dependable protection for modern lifestyles. Designed for homeowners seeking both convenience and peace of mind, Vega brings together premium aesthetics with advanced functionality. At the heart of the Vega Digital Lock lies a suite of smart technologies that redefine everyday…

27 Jul

Hafele’s Delft Series Architectural Lights Combine Powerful Illumination with Minimal Design

Shruti JoshiBusinessarchitectural lighting, Best Home Interior Designers in Bangalore, Delft Series, Hafele India, home interiors, hospitality interiors, LED lights, low glare lighting, modular lighting

Hafele Lighting – Delft Series Architectural Lights New Delhi [India], July 27: Lighting has evolved beyond its functional role to become an integral part of modern interior design. As architects and designers increasingly favour clean, uncluttered spaces, there is a growing preference for compact, minimal light fixtures that seamlessly blend into the overall design theme. At the same time, there is a strong inclination towards installing fewer luminaires that effectively illuminate larger areas without compromising on aesthetics. Responding to these evolving design preferences, Hafele has expanded its Delft Series Architectural Lights with the introduction of the new 10W Light Engine, delivering higher illumination…

27 Jul

Western Overseas Study Abroad Limited Expands Global Education Network Through International Institutional Partnerships

Shruti JoshiBusiness

Ambala (Haryana) [India], July 25: Western Overseas Study Abroad Limited (WOSAL, The Company), (BSE: 544636), one of India’s leading one-stop study abroad, immigration and English language test-preparation consultancy companies, continues to strengthen its global network of international education institutions through a series of strategic agreements with leading universities and educational organizations across Canada, New Zealand, Europe, the Middle East and Russia. These partnerships enable the Company to support students throughout the admission process by offering access to a wider range of internationally recognised institutions and academic programmes. As part of its growing global network, the Company has entered into agreements with…

27 Jul

Unstop Launches India’s First Hackathon Built for Talent Acquisition Teams, Co-Powered by People Matters

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New Delhi [India], July 27: Unstop, India’s leading platform for early-talent hiring and engagement, has partnered with People Matters to launch the TA Hackathon, India’s first hackathon built exclusively for Talent Acquisition (TA) and HR professionals. The competition asks the TA community to solve the problems the TA community itself faces, with winners announced live at People Matters TechHR India 2026 in Delhi on 6th August. India’s first hackathon for Talent Acquisition and HR leaders offers ₹1.5 lakh in cash prizes, with the top six teams pitching live at People Matters TechHR India 2026 in Delhi. Register here. Quick Facts…

27 Jul

ICAI Luxembourg Successfully Hosts the 1st ICAI International Conference 2026 – Europe

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Bringing Together Finance and Business Leaders from Across Europe New Delhi [India], July 27: The Luxembourg Chapter of the Institute of Chartered Accountants of India (ICAI) proudly hosted the ”1st ICAI International Conference 2026 – Europe” on 17 July 2026 at GRIDX, Wickrange, Luxembourg, marking a historic milestone for the Indian Chartered Accountancy profession in Europe. The inaugural conference brought together an esteemed gathering of Chartered Accountants, finance professionals, business leaders, entrepreneurs, academicians, and members of the Indian diaspora from across Europe and beyond. Representatives from various ICAI overseas chapters, chapter presidents, and professionals from multiple countries participated in the…

25 Jul

Eco Kranti Holds First Edition of Shubh Labh National Summit in Bengaluru, Brings Together 250 Plus Startups

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Bengaluru (Karnataka) [India], July 25: Received more than 900 entries, and over 250 startups, researchers, and innovators from across India participated in the first edition of Eco Kranti Shubh Labh 1.0 National Summit. More than 30 startups were selected during the two-day sustainability and social innovation conclave organised by Eco Kranti, an initiative of the Sri Sri Rural Development Programme (SSRDP), in collaboration with Startup India and the Department for Promotion of Industry and Internal Trade (DPIIT). Held on July 18 and 19 at The Art of Living International Centre in Bengaluru, the summit brought together entrepreneurs, investors, policymakers, researchers,…

25 Jul

Astrologer and Global Brand Strategist Amey Joshi Joins Rocket Reel as PR & Marketing Advisor and Investor

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Strategic investment brings over 15 years of branding, corporate communications, and business leadership expertise to accelerate Rocket Reel’s growth and market expansion. Mumbai (Maharashtra) [India], July 25: Rocket Reel has announced the onboarding of Amey as its PR & Marketing Investor, marking a strategic milestone in the company’s growth journey. The association is expected to strengthen Rocket Reel’s brand positioning, strategic communications, and market outreach across India and international markets. With more than 15 years of experience in public relations, corporate branding, reputation management, and strategic relationship building, Amey has worked closely with corporates, entrepreneurs, and business leaders to create…

25 Jul

Emerald Finance Limited Delivers Strong Consolidated Q1 FY27 Results; Total Income Reaches Rs 9.44 Cr with Net Profit Surging 52.72%

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Mumbai (Maharashtra) [India], July 25: Emerald Finance Limited (BSE: EMERALD), one of the dynamic companies offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has announced its Unaudited Financial Results for Q1 FY27. Key Financial Highlights Key Financial Highlights – Q1 FY27 (Standalone) Total Income of ₹6.27 Cr, YoY growth of 32.47% EBITDA of ₹5.22 Cr, YoY growth of 35.19% Net Profit of ₹3.45 Cr, YoY growth of 31.18% EPS of ₹1.00, YoY growth of 31.58% Key Financial Highlights – Q1 FY27 (Consolidated) Total Income of ₹9.44 Cr, YoY growth of 39.97% EBITDA of ₹7.42 Cr, YoY growth of…