Press Release – THE ECONOMIC INDIA

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…

22 Jun

STAGE & Jar Films Announce Landmark Partnership; Unveil 8-Part Series and Upcoming Theatrical Releases!!

Shruti JoshiLifestyle, Press Release

Mumbai (Maharashtra) [India], June 22: Regional content powerhouse STAGE, India’s leading dialect-based OTT platform, and acclaimed independent production studio Jar Films, have announced an exclusive partnership to develop a premium slate of deeply rooted stories aimed at elevating hyper-local entertainment for mobile-first and theatrical audiences across Bharat. Jar Films, the visionary studio behind cinematic milestones like Gangs of Wasseypur, Liar’s Dice, and Nil Battey Sannata, will collaborate with STAGE to co-produce a range of high-caliber, new-age dialect titles. The flagship project to emerge from this alliance is 8-Part Series , a raw, gripping 8-episode binge-series slated to stream exclusively on STAGE. Expanding their creative ambitions…

19 Jun

Cannes, World Cinema, and India’s Next Global Leap: Heights Group Sets the Roadmap for Cannes 2027

Shruti JoshiLifestyle, Press Release

Gurugram (Haryana) [India], June 19: The Cannes Film Festival remains the world’s most prestigious platform for cinema, where storytelling, creativity, and artistic excellence come together on a global stage. Every year, Cannes showcases films that push boundaries, inspire conversations, and set new benchmarks for the future of filmmaking. For the second consecutive year, Kaifi Bharti, Founder of Heights Group, attended the festival to closely observe global cinematic trends, engage with international creators, and understand what makes Cannes the ultimate destination for world cinema. Reflecting on his experience, Kaifi Bharti says: “Cannes is far more than a film festival. It is…

18 Jun

YAAP Digital Onboards Industry Veteran Sambit Mohanty as Group Chief Creative Officer to Power Its Next Growth Chapter

Shruti JoshiBusiness, Press Release

Gurugram (Haryana) [India], June 18: Yaap Digital Limited (NSE: YAAP | INE0U0J01015), one of India’s fast-growing digital-first media and marketing solutions companies, is pleased to announce the appointment of Mr. Sambit Mohanty as Group Chief Creative Officer (GCCO). Mr. Mohanty joins YAAP with over 20 years of experience in advertising, brand building and integrated marketing communications. Prior to joining YAAP, he served as Creative Head – North & South at McCann Worldgroup India. Over the course of his career, he has held leadership roles at leading agency networks including JWT, DDB, Bates, Elephant Design and McCann Worldgroup. In his new role, Mr. Mohanty will lead…

18 Jun

Alan Scott Vajarashakti Launches AIRCUE, India’s First Wall Clock with an Integrated Air Quality Monitor

Shruti JoshiBusiness, Press Release

Mumbai (Maharashtra) [India], June 18: Alan Scott Enterprises Limited (ALANSCOTT, BSE: 539115), a diversified innovation-led enterprise focused on building future-ready businesses across wellness, AI, automation, clean-tech, education, and infrastructure solutions, has announced the launch of AIRCUE, India’s first wall-hanging clock with a built-in Air Quality Index (AQI) monitor. Designed for homes, offices, schools, and public spaces, AIRCUE brings together timekeeping, real-time environmental monitoring, and eco-responsible design in a single wall-mount unit – a first of its kind in the country. Key Features of AIRCUE Real-time AQI display Temperature and humidity monitoring PM2.5 and PM10 tracking NOx and VOC indication Large, easy-to-read digital…