Press Release – THE ECONOMIC INDIA

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…

05 Aug

Dr. Raju Desai Elected President of Plastindia Foundation for the Term 2026–28, Mr. Dharmendra Gandhi Named Vice President; Dr Sameer Joshi Appointed Hon. Treasurer

Shruti JoshiLifestyle, Press Release

Immediate Past President Mr. Ravish Kamath welcomes the incoming President, Dr. Raju Desai, by presenting him with a bouquet. New Delhi [India], August 5: Plastindia Foundation, the apex body of the major associations, organizations and institutions connected with the plastics industry in India, is pleased to announce the election of Dr. Raju Desai as its President, Mr. Dharmendra Gandhi as Vice President and Dr Sameer Joshi as Hon. Treasurer for the term 2026–2028. The announcement was made during the Annual General Meeting (AGM) of the Foundation held on 30 July 2026 at the Plastindia Foundation office in Mumbai. The newly elected Managing Committee assumed office with immediate effect. Dr. Raju Desai…

04 Aug

Hyperlocal Regional Marketing Platform Reevoly Acquired Following Profitable Growth Trajectory

Shruti JoshiBusiness, Press Release

Bengaluru (Karnataka) [India], August 4: Reevoly, a bootstrapped hyperlocal content and regional influencer platform, has officially announced its acquisition by a strategic buyer for an undisclosed amount. Founded to capitalize on the massive shift toward regional storytelling in Tier 2 and Tier 3 markets, Reevoly grew from a lean, bootstrapped setup into a ₹2–3 Crore ARR profitable enterprise prior to the acquisition. The company carved out a dominant niche by helping major national brands weave authentic cultural narratives across the heartland of Uttar Pradesh and Bihar. “Hyperlocal and regional content are no longer secondary channels; they represent the primary growth…

30 Jul

SBS University Concludes Five-Day Faculty Development Programme on Innovation, Sustainability and Accreditation

Shruti JoshiEducation, Press ReleaseAcademic Excellence, Faculty Development Programme, higher education trends, NAAC Accreditation, SBS University

New Delhi [India], July 30: Sardar Bhagwan Singh (SBS) University, Balawala, Dehradun, successfully concluded a five-day Faculty Development Programme (FDP) on “Building Quality Culture in Higher Education: Innovation, Sustainability and Accreditation,” reaffirming commitment to fostering a culture of continuous learning and academic excellence. The programme was conducted by the Internal Quality Assurance Cell (IQAC) in association with the Research & Innovation Cell. The programme brought together academicians, researchers, and quality assurance experts to explore emerging trends shaping the future of higher education. Hosted in hybrid mode, the FDP featured a distinguished panel of speakers from diverse academic institutions who shared…