Press Release – THE ECONOMIC INDIA

13 Jul

Adisoft Technologies Q1 FY27 Revenue up 78% YoY to ₹30.61 Crore; Order Book and Pipeline crosses ₹96 Crore

Shruti JoshiBusiness, Press Release

Pune (Maharashtra) [India], July 13: Adisoft Technologies Limited (NSE: ADISOFT) continued to strengthen its growth trajectory during Q1 FY27, supported by customer diversification, continued investments in industrial automation capabilities, and the successful completion of its NSE Emerge listing. With increasing adoption of smart manufacturing across industries, the Company remains well positioned to capitalize on emerging opportunities. Business Highlights Performance Snapshot Revenue: ₹30.61 crore in Q1 FY27 vs. ₹17.20 crore in Q1 FY26 (78% YoY Growth). Strengthening Order Visibility Unexecuted order book of ~₹ 40.10 crore Active order pipeline of ~₹ 56.23 crore Key Developments in Q1 FY27 Successfully listed on…

11 Jul

ECKO Hotels & Resorts Opens Its First Property in Western India with the Launch of ECKO Hotel, Nashik

Shruti JoshiBusiness, Press Release

ECKO Hotel Nashik, located on the Mumbai–Agra National Highway, offers easy access to the city’s business hub, spiritual landmarks, and popular leisure destinations. Nashik, (Maharashtra) [India], July 11: ECKO Hotels & Resorts, one of India’s fastest-growing hospitality brands, today announced the opening of ECKO Hotel, Nashik – its first property in Western India and a significant milestone in the brand’s national expansion strategy. Situated on the Mumbai – Agra National Highway near the Ambad Industrial Corridor, ECKO Hotel Nashik is purpose-built for the modern business traveller. The hotel features 42 thoughtfully designed rooms and suites – Standard, Premium, Executive Suite,…

10 Jul

Vivid Electromech Limited Strengthens Data Centre Footprint with Rs. 30.13 Cr Order from STT Global Data Centres India

Shruti JoshiBusiness, Press Release

Mumbai (Maharashtra) [India], July 10: Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, has announced that the Company has received amendments to the purchase orders from STT Global Data Centres India Private Limited for the project ‘SITC of PDU and DWDM Panel for NMDC02’. The aggregate value of the original purchase orders, together with the amendments, stands at ₹30.13 Cr (excluding GST). Key Highlights of the Order: Name of the entity awarding the order: STT Global Data Centres India Private Limited Scope of work: SITC of PDU and DWDM Panel for NMDC02 Nature…

08 Jul

ICRAPAIN 2026 to Bring Global Pain Medicine Leaders to Kolkata

Shruti JoshiBusiness, Business News, Press ReleaseGlobal Pain Medicine, ICRAPAIN, Kolkata

Kolkata (West Bengal) [India], July 8: Kolkata is set to host a major international academic gathering in Pain Medicine as ICRAPAIN 2026 — International Conference on Recent Advances in Pain comes to the city in September 2026. The main conference will be held on 4th and 5th September 2026 at Vedic Village, Kolkata, while the pre-conference and post-conference workshops will be conducted at Daradia: The Pain Clinic, New Town, Kolkata, on 3rd and 6th September 2026. ICRAPAIN 2026 is being organized by Daradia Pain Foundation in association with Daradia: The Pain Clinic. The conference is expected to bring together leading pain physicians, international faculty, researchers, young clinicians, and industry…

07 Jul

SEIL Accelerates Its Debt Free Journey, Repays Total ₹102 Cr (30% of Total Debt) Since December 2025

Shruti JoshiBusiness, Press Release

Visakhapatnam (Andhra Pradesh) [India], July 7: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, today announced another aggressive step forward in its ongoing corporate deleveraging and balance sheet optimization strategy. Building rapidly on its recent financial updates, the Company has repaid an additional ₹16 crore towards its outstanding Term Loan facilities. This strategic liquidity deployment highlights the company’s continuing trajectory toward complete financial freedom and prudent capital management. This latest payment follows a string of successful debt clearances in recent tranches—including the…

03 Jul

Is Dealer Insurance Always Better for New Cars?

Shruti JoshiBusiness, Press Release

New Delhi [India], July 3: Buying a new car comes with many decisions, and insurance is one of the most important ones. Many buyers accept the cover offered at the showroom because it is quick and convenient. In contrast, convenience alone should not decide your choice. It is important to understand what the dealer is offering, what the policy includes, and whether the cover matches your vehicle, usage, and claim support expectations before you make the final payment. What Dealer Insurance Actually Means Dealer insurance is usually a car insurance policy arranged through the showroom or its insurance partner. The…

02 Jul

Promises Kept, Timelines Beaten: How Raymond Realty Sets a New Standard for Luxury in Thane

Shruti JoshiBusiness, Press Release

New Delhi [India], July 02: A legacy is not defined by how long a brand has existed. It is defined by how consistently it raises the bar. Over the years, Raymond has earned the trust of generations by setting benchmarks across industries. Today, through Raymond Realty, that same legacy is shaping some of the most aspirational addresses across the Mumbai Metropolitan Region. As the brand expands its footprint across multiple markets, it continues to bring its philosophy of excellence, precision, and trust into the world of premium real estate. At the pinnacle of this vision stands The Address by GS, Raymond Realty’s…

27 Jun

Regional OTT platform STAGE & Sunshine Productions Announce “Daakan,” A Bold Foray into Rajasthani Horror

Shruti JoshiEntertainment, Press Release

Mumbai (Maharashtra) [India], June 27: Regional content powerhouse STAGE, India’s leading dialect-based OTT platform, and acclaimed production house Sunshine Productions have announced an exciting new partnership to bring Daakan, a chilling, premium horror web-series rooted in the rich and haunting folklore of Rajasthan; created exclusively for STAGE. Daakan is set to stream exclusively on STAGE as a premium multi-episode series, deeply embedded in Rajasthani dialect, culture, and mythology. The show marks a significant moment for dialect-based horror on the Indian OTT landscape — a genre largely unexplored in the heartland’s own tongue. Rooted in the primal fears and ancient lore of the region, Daakan promises…

26 Jun

The Cooperate Corporate: The 1,160-Crore Rise of Kerala Vision

Shruti JoshiBusiness, Press Release

New Delhi [India], June 26: In today’s highly competitive telecommunications industry, where market control is often concentrated in the hands of a few large corporations, Kerala Vision stands out as a remarkable alternative. It exemplifies a unique “Kerala Model” of business that empowers small-scale entrepreneurs through collective ownership and collaboration. By combining decentralized participation with the strength of collective bargaining, Kerala Vision has built a sustainable ecosystem that not only supports local operators but also competes effectively with major national and multinational players. This evolution is best epitomized by the group’s achievement of the 1,160-crore turnover milestone, a feat made…

24 Jun

Calligo Technologies and OGIS-RI, Japan Forge Strategic Partnership for Vision-AI Innovation

Shruti JoshiBusiness, Press Release

Mr. Kazuhiko Yoshimura President , OGIS-RI & Rajaraman Subramanian , CTO Calligo Technologies ( From L-R) Bengaluru (Karnataka) [India], June 23: In a landmark move to advance Vision-AI solutions in India and Japan, Calligo Technologies announced a strategic collaboration with OGIS-RI, Japan. The partnership integrates Calligo’s advanced CIS2 Technology with OGIS-RI’s MessagePub+ framework, creating a unified OneM2M-compliant platform for smart multiple Vision-AI deployments. Unified IoT Architecture for Vision-AI The collaboration combines Calligo’s CIS2 Edge-AI vision systems with MessagePub+, a lightweight OneM2M-compliant messaging subset designed for resource-constrained environments. Following successful integration and validation, the unified CIS2 + MessagePub+ solution will enable…