Business – Page 86 – THE ECONOMIC INDIA

14 May

Active Clothing Co. Limited Targets Additional Rs 200–250 Cr Retail Opportunity with Launch of NUEMO Retail Platform

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Mohali (Punjab) [India], May 14: Active Clothing Co limited, (BSE – 541144), India’s one of the leading ‘design-to-shelf’ companies, specializing in apparel for leading global fashion brands, has announced its strategic entry into the retail segment with the Board approving the launch of retail outlets under the brand name “NUEMO”. The Company has already operationalized 5 outlets under the NUEMO brand and plans to open 7 additional outlets over the next 10 days. NUEMO will operate a multi-brand retail platform focused on capturing growth opportunities across India. The format will include flexible retail models offering unisex apparel for all ages under one roof, along with category-specific stores tailored to local…

14 May

In the Age of AI, Telangana’s CogniCHAMP Is Measuring What Machines Cannot

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When 1.12 lakh students across Telangana were assessed not on what they memorised, but on how they think, it marked the quiet beginning of a national reckoning with how India defines merit. Hyderabad (Telangana) [India], May 14: In a country where a child’s worth has long been measured in percentages and rank lists, something unusual happened in Hyderabad on the 9th of May, 2026. In a room filled with students, parents, educators, and policymakers, the applause was not for those who scored highest on an exam. It was for those who demonstrated how they think. The CogniCHAMP India Scholarship —…

14 May

Flipkart Elevates Ankit Agarwal to Vice President, Business Finance

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New Delhi [India], May 14: Flipkart has appointed Ankit Agarwal as Vice President, Business Finance, strengthening its leadership team as the company pivots towards a more disciplined growth approach after years of prioritizing scale, in line with a broader shift across India’s digital commerce sector as platforms recalibrate towards more efficiency-led growth models. In his new role, Agarwal will lead strategic financial planning and oversee business finance operations across marketplace categories. He will be responsible for enabling sharper decision-making across categories, strengthening investment prioritization, and embedding finance more closely into business strategy. Currently, he oversees finance across key businesses, including…

13 May

Sheth Realty Marks the Commencement of its New Mulund Development with Bhoomi Pujan

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Mumbai (Maharashtra) [India], May 13: Sheth Realty launched its new development project in Mulund on May 13, 2026, marking the beginning with a Bhoomi Pujan ceremony. Held in the presence of company leadership, partners and invited guests, the ceremony was rooted in tradition and symbolic of auspicious beginnings. Over the years, Mulund has emerged as one of Mumbai’s most well-regarded residential neighborhoods, appreciated for its connected yet grounded way of life. As the locality continues to evolve, Sheth Realty’s approach remains centered on contributing positively to its urban fabric through developments that are mindful, contextual and community-oriented in spirit. Guided…

13 May

The LaLiT’s Role in Restoring Srinagar’s Pride: From Royal Residence to Cultural Bridge

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Mumbai (Maharashtra) [India], May 13: True hospitality goes beyond offering comfort; it also plays an important role in preserving the cultural identity of a destination. When a hotel protects local heritage, it becomes a bridge between generations — allowing guests to experience traditions, architecture, and stories that might otherwise fade with time. The LaLiT Grand Palace Srinagar reflects this philosophy through its continued commitment to preserving Kashmir’s royal and cultural legacy. Originally commissioned by Maharaja Pratap Singh in 1910 as a summer residence, the palace today stands as an enduring symbol of Kashmir’s heritage while also contributing to the region’s tourism…

13 May

LeAmanah Hospitality Awards Season 7 Celebrates Global Excellence in New Delhi

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New Delhi [India], May 13: LeAmanah successfully concluded the Hospitality Awards Season 7 on May 9, 2026, at Welcomhotel by ITC Hotels, Dwarka, New Delhi, bringing together distinguished leaders, innovators, and luxury brands from across the global hospitality ecosystem. The evening celebrated excellence under the theme “Resilience and Radiance,” honoring those who continue to elevate guest experiences through innovation and purpose. The awards ceremony was graciously hosted at Welcomhotel by ITC Hotels, Dwarka, New Delhi whose leadership and team curated an experience reflective of the prestige of the platform. Expressing his appreciation, Mr. Nishant Negi, General Manager of Welcomhotel by…

13 May

FITTR Launches ‘NO B S Inside’ Revolutionizing Preventive Healthcare with Science-Backed Everyday Nutrition

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Pune (Maharashtra) [India], May 13: FITTR, India’s pioneering preventive healthcare ecosystem with over 4.5 lakhs+ successful transformations, today unveiled NO B S Inside, a groundbreaking line of ready-to-eat products engineered for higher satiety, elevated protein, amplified fiber, and reduced calories, without sacrificing taste or convenience. In an era where lifestyle diseases like diabetes and obesity affect over 30% Indians (per recent ICMR data), NO BS Food addresses a core paradox: sustainable health demands enjoyable, repeatable nutrition. FITTR’s innovation flips the script, delivering products that align with evidence-based principles of metabolic health, prioritizing protein-to-calorie ratios that curb hunger, stabilize blood sugar,…

13 May

Alpha Capital’s Guide to UHNI Portfolio Rebalancing India 2026: What Family Offices and Wealth Management Firms in India Should Do Now

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Gurgaon (Haryana) [India], May 13: At Alpha Capital, one of India’s trusted wealth management firms in India, we work with family offices, multifamily offices, and business families managing serious wealth across real estate, equities, private deals, and debt. And right now, across every family office in India we speak with, the same question keeps coming up: the RBI cut rates 125 basis points through 2025. What do we actually do with our portfolios? Most articles about this spend three paragraphs explaining what a basis point is, then tell you the market is “well-positioned.” You close the tab. Nothing changes. This…

13 May

Voler Car Limited Announces Q4 FY26 & FY26 Results: FY26 Revenue Growth Driven by Expanding Employee Transportation Operations

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Mumbai (Maharashtra) [India], May 13: Voler Car Limited, a provider of employee transportation and mobility solutions, announced its Audited Financial Results for the fourth quarter and full year ended March 31, 2026. Key Financial Highlights – FY26 Total Income: ₹5,544.24 Lakhs EBITDA: ₹482.64 Lakhs Profit Before Tax (PBT): ₹466.58 Lakhs Net Profit (PAT): ₹347.06 Lakhs Earnings Per Share (EPS): ₹3.11 Q4 FY26 Highlights Total Income: ₹1,469.18 Lakhs EBITDA: ₹98.57 Lakhs Profit Before Tax (PBT): ₹93.16 Lakhs Net Profit: ₹69.67 Lakhs Earnings Per Share (EPS): ₹0.63 Operational Highlights – FY26 Served 29+ corporate clients across various industries including IT/ITeS and enterprise…

13 May

Voler Car Limited Announces Q4 FY26 & FY26 Results: FY26 Revenue Growth Driven by Expanding Employee Transportation Operations

Shruti JoshiBusiness

Mumbai (Maharashtra) [India], May 13: Voler Car Limited, a provider of employee transportation and mobility solutions, announced its Audited Financial Results for the fourth quarter and full year ended March 31, 2026. Key Financial Highlights – FY26 Total Income: ₹5,544.24 Lakhs EBITDA: ₹482.64 Lakhs Profit Before Tax (PBT): ₹466.58 Lakhs Net Profit (PAT): ₹347.06 Lakhs Earnings Per Share (EPS): ₹3.11 Q4 FY26 Highlights Total Income: ₹1,469.18 Lakhs EBITDA: ₹98.57 Lakhs Profit Before Tax (PBT): ₹93.16 Lakhs Net Profit: ₹69.67 Lakhs Earnings Per Share (EPS): ₹0.63 Operational Highlights – FY26 Served 29+ corporate clients across various industries including IT/ITeS and enterprise…