Press Release – Page 133 – THE ECONOMIC INDIA

31 Jul

India Budget 2024: Tech Startup CEO Perspective

Mumbai (Maharashtra) (India) July 31 : India announced its new budget for 2024 on Tuesday, 23rd July. The new budget featured policies aimed across various sectors to offer growth, sustainability, and digital advancement. However, as an NRI, the greatest highlight of this budget has been the policies regarding angel tax for startups. The focus on digital infrastructure stands out as a significant boost for India’s digital sector. With the commitment to expand broadband and 5G networks, this budget will accelerate the growth of digital businesses and startups. The added emphasis on tax reforms and incentives for investment is another positive…

31 Jul

DRC India Launches ‘Scan Karega India’ Campaign to Protect the Natural Diamond Consumers

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Surat (Gujarat) [India] July 31 : DRC India, a leader in lab-grown diamond detection technology, is proud to announce the launch of its latest campaign, “Scan Karega India.” This initiative aims to protect consumers and the diamond industry from the inadvertent purchase of lab-grown diamonds sold as natural ones. About ‘Scan Karega India’ “Scan Karega India” is a nationwide initiative by DRC India designed to educate and empower consumers about the importance of verifying the authenticity of diamonds. “With the rise of lab-grown diamonds, distinguishing between natural and lab-grown diamonds has become increasingly challenging. This campaign seeks to highlight the…

30 Jul

Three M Paper Boards Ltd to commence its expansion plans post successful public issue of Rs. 39.83 crore

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Mumbai (Maharashtra) [India], July 30: Three M Paper Boards Ltd, a Mumbai based company engaged in the business of manufacturing Recycled Paper-based Coated Duplex Board products since over 3 decades to commence its expansion plans soon post its successful public issue of Rs. 39.83 crore. Company’s IPO subscribed over 171 times (excluding Anchor and market maker portion); Company’s shares listed on BSE SME Exchange at Rs. 76 per share – 10% premium to issue price of Rs. 69 per share Company plans to utilize Rs. 14 crores towards capital expenditure, including the purchase of a Plastic-Fired Low-Pressured Boiler, which will…

30 Jul

Melbat and Siechem Madurai Panthers cricket team announce extension of sponsorship agreement

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New Delhi (India), July 30: Sports news portal Melbat has extended its sponsorship contract with renowned cricket team Siechem Madurai Panthers for 1 year. As per the contract terms, Melbat will remain the title sponsor of Siechem Madurai Panthers and its logo will remain on the front of the club’s jersey. Melbat also reserves the right to organize raffles for kits autographed by team players and match tickets, as well as conduct fan meetings with Siechem Madurai Panthers players. “The extension of our sponsorship agreement with the Siechem Madurai Panthers is fully consistent with our strategy to support sports in…

30 Jul

SAVIC Leads the Way in Transformative SAP S/4HANA Migration for Gulftainer

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Sharjah, (UAE) July 30 : SAVIC, a leader in SAP solutions and digital transformation services, is proud to announce its pivotal role in Gulftainer’s strategic migration project from SAP S/4HANA 2020 on Azure to RISE with SAP S/4HANA on Azure. This landmark project not only signifies a major technological leap for Gulftainer but also reinforces SAVIC’s commitment to delivering cutting-edge solutions that drive efficiency and growth. Gulftainer, a leading operator of regional ports and terminals, and a provider of customised supply chain and logistics solutions, has embarked on this significant digital transformation journey to enhance its operational capabilities, setting an ambitious…

30 Jul

Raghav Productivity Enhancers Limited Honoured with ‘SME Champion Award’

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Jaipur (Rajasthan) [India], July 30: Jaipur based Raghav Productivity Enhancers Limited, the world’s largest manufacturer of silica ramming mass, has been honoured with the prestigious ‘SME Champion’ award in the category of “Entrepreneur of the Year (Medium Enterprise)”. This recognition is a testament to Raghav’s relentless pursuit of excellence and innovation in the industry. The award ceremony was organized by a leading financial news platform in collaboration with HSBC Bank. The winners were selected by a distinguished jury led by Mr. Rajnish Kumar, former Chairperson of the State Bank of India (SBI). The event was graced by the presence of…

30 Jul

Sparky Neon: The Rising Star in the Signage Industry

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New Delhi (India), July 30: In the vibrant world of signage, where innovation meets aesthetics, one name is quickly gaining prominence – Sparky Neon. With a commitment to quality, creativity, and customer satisfaction, Sparky Neon is revolutionizing the way businesses and individuals perceive custom neon signs and LED neon signs. Elevating the Art of Neon Signage In an era where branding and visual appeal are paramount, Sparky Neon stands out as a beacon of innovation. The company’s journey began with a simple yet profound mission: to bring back the charm of neon signs with a modern twist. By merging traditional…

30 Jul

The Future of Money: Will Cryptocurrency Replace Fiat Currency?

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New Delhi (India)b July 30 : According to Yen Sim, Director, Branding and Sustainability, EBC Financial Group, In recent years, Will Cryptocurrency Replace Fiat Currency? In recent years, the financial landscape has witnessed a dramatic rise in the popularity of cryptocurrencies. Bitcoin, Ethereum, and numerous other digital currencies have captured the imagination of investors, technologists, and the general public alike. As these digital assets gain traction, an intriguing question arises: will cryptocurrency eventually replace fiat currency? Understanding the Basics To explore this question, it’s crucial to understand the fundamental differences between fiat currency and cryptocurrency. Fiat currency, such as the…

29 Jul

Filatex Fashions Ltd’s mining subsidiary receive Export Order worth USD 35 million (Rs. 293 crore)

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Hyderabad (Telangana) [India], July 29: Subsidiary of Hyderabad based leading socks and cotton products manufacturing company Filatex Fashions Ltd (BSE – 532022, NSE – FILATFASH) has received export order worth USD 35 million for supply of 2,97,388 metric tonnes of White Marble. Company’s mining subsidiary Filatex Mines and Minerals Private Ltd has received order for supply of 2,97,388 metric tonnes of White Marble over a period of 7 years Company’s subsidiary in the mining business, that Filatex Mines and Minerals Private Ltd has received this order from Bloomflora Ventures Limited, a company is into Hospital Development Business for their upcoming…

29 Jul

Sustainability Meets Success: Poonam Gupta Joins The Lion’s Den as an Investor

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New Delhi (India) July 29 : In an exciting development for aspiring entrepreneurs and eco-conscious innovators, renowned businesswoman Dr. Poonam Gupta is set to join The Lion’s Den Show as its newest investor. With her remarkable journey from a £1000 startup to a £100 million international empire, Dr. Gupta brings a wealth of experience, a passion for sustainable business practices, and a deep commitment to philanthropy to the popular reality show. Dr. Poonam Gupta’s entrepreneurial journey is nothing short of inspirational. Faced with a lack of opportunities in the workplace after moving to Scotland, she decided to create her path. “I realised nobody…