Press Release – THE ECONOMIC INDIA

19 Aug

Altcoin Season Check: Chainlink Up 13.7%, Cardano Down 10%, and $BULLSKI on Stage Two

Shruti JoshiBusiness, Business News, Press Release

Key Takeaways Chainlink rose 13.7% and Monero 5.0% across seven days, the two clear winners among the majors. Cardano fell 10.0%, Uniswap 18.5% and Pepe 11.5% over the same week, so strength stayed narrow. Bitcoin held 56.14% of value and Ethereum 10.08%, leaving close to a third of $2.252 trillion elsewhere. Stage 1 of the $BULLSKI sale sold out at $0.00001, and stage 2 asks $0.000015 as of August 18, 2026. Altcoin season questions get louder whenever one coin runs and another sinks in the same seven days. Chainlink added 13.7% across the week while Cardano lost 10.0% and Uniswap…

18 Aug

Chandan Healthcare Delivers Strong Q1 FY27; Total Income at ₹82 Cr, EBITDA Surges 42% YoY to ₹21 Cr, PAT Rises 30% YoY

Shruti JoshiBusiness, Press Release

Lucknow, (Uttar Pradesh) [India], August 18: Chandan Healthcare Limited (NSE – CHANDAN), – Chandan Healthcare Limited, one of the leading players in Diagnostic sector having Pan India presence, has announced its unaudited Financial Results for Q1 FY27. Consolidated Key Financial Highlights Q1 FY27 Consolidated Key Financial Highlights (YoY) Total Income of ₹ 82.26 Cr, YoY growth of 19.62% EBITDA of ₹ 20.98 Cr, YoY growth of 42.27% EBITDA Margin of 25.51%, YoY growth of 406 Bps PAT of ₹ 7.50 Cr, YoY growth of 29.51% PAT Margin of 9.11%, YoY growth of 70 Bps EPS of ₹ 2.59, YoY growth…

18 Aug

Fiberweb India Limited Reports Q1 FY27 Performance with ₹ 10.02 Cr Total Income Growth and 18.72% EBITDA Margin

Shruti JoshiBusiness, Press Release

Mumbai (Maharashtra) [India], August 18: Fiberweb (India) Limited (NSE – FIBERWEB | BSE – 507910) engaged in the manufacturing of spunbond and melt-blown nonwoven fabrics for applications across hygiene, healthcare, filtration, agriculture and industrial segments, has announced its Unaudited Q1 FY27 Financial Results. Q1 FY27 Key Financial Highlights • Total Income: ₹10.02 Cr• EBITDA: ₹1.87 Cr• EBITDA Margin: 18.72%• Net Profit: ₹0.27 Cr• Net Profit Margin: 2.73%• Diluted EPS: ₹0.09 Commenting on the Financial Performance, Mr. Bhavesh P Sheth, Director of Fiberweb (India) Ltd. said, “The operating environment continued to remain challenging, particularly for export-oriented manufacturers, amid volatility in raw…

13 Aug

Punjab National Bank (PNB) to Deploy Magellanic Cloud’s E-Surveillance Solutions Across 1,000 ATMs Nationwide

Shruti JoshiBusiness, Press Release

Hyderabad (Telangana) [India], August 13: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), today announced that its wholly owned subsidiary, IVIS International Private Limited (IVIS), has secured multiple Purchase Orders from NCR Corporation India Private Limited, comprising both Capex and Opex components, for providing E-Surveillance Solutions across Punjab National Bank (PNB) ATM sites. The Purchase Orders have an aggregate value of approximately ₹18.4 Crore over a period of 5 years. Strategic Impact & Growth Highlights ₹18.4 Crore Order: Multiple Purchase Orders secured from NCR Corporation India Private Limited for E-Surveillance Solutions across PNB ATM sites. 1,000 ATM Sites: The deployment covers 1,000 PNB ATM sites, highlighting the scale…

12 Aug

Alive India turns 16: Supratiek Ghosh builds artist-led ecosystem connecting music, media and creators

Shruti JoshiLifestyle, Press Release

New Delhi [India], August 12: When musician and entrepreneur Supratiek Shyamal Ghosh founded Alive India on August 1, 2010, India’s creative industries were largely fragmented, with artists, brands, media, institutions and production professionals often operating independently. Sixteen years later, Alive India has evolved into an artist-led music, media and cultural ecosystem connecting creators, brands, educational institutions, corporates and audiences across 26 Indian states. At the heart of this journey is Ghosh, a singer, songwriter, composer, music producer, performer and cultural entrepreneur who believes India never lacked creative talent but needed stronger infrastructure to connect talent with opportunity. His understanding of the industry…

11 Aug

Sixty3 W.E. Business Park emerges as a preferred commercial address for businesses and investors

Shruti JoshiBusiness, Press Release

Mumbai (Maharashtra) [India], August 11: AGM Vijaylaxmi Group’s Sixty3 W.E. Business Park at Goregaon East has witnessed a strong market response since its launch, attracting interest from business owners, investors and non-resident Indians (NRIs). The response reflects sustained demand for Grade-A commercial spaces in strategically located business corridors. Sixty3 W.E. Business Park has been filled with healthy enquiries and bookings, validating its positioning as a future-ready business destination that combines strategic location, modern infrastructure and long-term investment potential. Mooted as concept that addresses a key gap in Mumbai’s commercial real estate market for high-quality office developments, the project brings together premium…

10 Aug

4th National Bar & Bench Badminton Championship, Organised and Sponsored by Deka Events, Concludes in New Delhi; Around 400 Legal Professionals Participate

Shruti JoshiLifestyle, Press Release

New Delhi [India], August 10: The fourth edition of the National Bar & Bench Badminton Championship concluded on Sunday at the Thyagraj Sports Complex in New Delhi, with around 400 lawyers and legal professionals from across the country participating in the two-day sporting event. Held on August 8 and 9, the championship was organised and sponsored by Deka Events in association with the Lawyers Badminton Association. The event aimed to promote sportsmanship, fitness, camaraderie, and a healthy work-life balance within the legal fraternity. Former Chief Justice of India, Hon’ble Mr. Justice B. R. Gavai, attended the closing ceremony as the Chief Guest. Among the distinguished…

06 Aug

Fredna Dental Systems Surges from ₹4.82 Cr to ₹87.21 Cr, Powering India’s Digital Dentistry Revolution

Shruti JoshiBusiness, Press Release

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…

06 Aug

Powering Simhastha 2028: Magellanic Cloud’s Provigil Wins ₹12.13 Crore Western Railway Deal

Shruti JoshiBusiness, Press Release

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…

05 Aug

Curated Quality, Executed at Scale: Rajni Dutta Art & Design Delivers Artist-Led Creative Experiences in Delhi NCR

Shruti JoshiBusiness, Press Release

The South Delhi studio runs corporate art workshops and art parties for children and adults as a fully managed, hassle-free service — planned, staffed and delivered end to end, with nothing left for the host to arrange. New Delhi [India], August 5: Rajni Dutta Art & Design runs guided art workshops and art parties across Delhi NCR for groups of anywhere between 10 and 800 people. The studio, set up in 2023 in C.R. Park, South Delhi, works in three formats — corporate workshops, children’s parties and adult celebrations — and staffs every one of them with its own artists…