Press Release – Page 154 – THE ECONOMIC INDIA

12 May

Headstart Arena announces INBL Pro to be played in August & September with 6 Franchisees

New Delhi [India], May 11: Headstart Arena India (HAI) has finally made the dream of every basketball buff in India come true today, bringing to an end the multi-decadal wait for a sport that is popular among many Indians to have its own professional league. “INBL Pro,” a six-franchise tournament, was formally announced at a press conference held in the city today. Rupinder Brar, Founder & Director of INBL, Dushyant Khanna, Founder & CCO of INBL, and Parveen Batish, CEO, INBL, addressed the media on the occasion. Former basketball player & Actor Ranvijay Singha & Bollywood Actor Disha Patani joined…

11 May

T20 Gully Cricket League Unearths India’s Next Cricket Stars

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Noida (Uttar Pradesh) [India], May 11: Cricket, India’s most popular sport, is going to experience an essential shift with the T20 Gully Cricket League, the brainchild of cricket veteran Divya Prabhat. With a deep understanding of the sport gained through prestigious tournaments like the Gold Cup and J.P. Atrey, Prabhat’s vision extends to provide a platform for cricket lovers. His league aims to identify and nurture raw talent across the country, preparing them for future success. “It’s not just about playing cricket,” says Divya Prabhat, founder of the T20 Gully Cricket League. “We want to find undiscovered talents and provide them…

11 May

Ayouthveda Launches its Much-Anticipated Golden Glow Regimen

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New Delhi [India], May 11: Ayouthveda, a leading Ayurvedic beauty and wellness brand, proudly announces the launch of its much-anticipated Golden Glow Regimen – the perfect combination of Sparkling Gold Face Wash, Day Cream and Night Cream, marking a significant milestone in the realm of skincare innovation. Bridging the gap between ancient Ayurvedic wisdom and cutting-edge scientific advancements, Ayouthveda’s latest offering promises to redefine the skincare experience for consumers worldwide. Crafted with meticulous attention to detail, Ayouthveda’s Golden Glow Regimen comprises a comprehensive 3-step skincare routine, with its highlights – 24K Nano Elemental Gold Particles or “Swarna Bhasma” and Kashmiri Saffron,…

10 May

Medicare Hygiene forays into cosmetics segment with eco-friendly wet wipes

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Ahmedabad (Gujarat) [India], May 10: Medicare Hygiene Limited, a reputed name engaged in the manufacturing and exporting of medical bandages, surgical non-woven disposable products, and more, has forayed into the cosmetics segment with the launch of Earthika Eco-friendly Wet Wipes. While beginning with wet wipes, the company plans to launch several more products in the cosmetics segment in the coming months. Speaking about the new business foray, Mr. Jitendra Sachhade, Managing Director of Medicare Hygiene, said, “As a leading manufacturer of medical bandage, gauze square pad, surgical dressing material, and other similar products, a foray into the cosmetics industry is…

10 May

Magellanic Cloud Limited doubles profit in Q4FY24

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Hyderabad (Telangana) [India], May 10: Magellanic Cloud (BSE: MCLOUD), a leading ITES & Surveillance Firm and an emerging Drone company, today announced its financial results for the Quarter and Year ended March 31, 2024. The key performance highlights are: Q4FY24 Consolidated PAT at Rs 39.43 crore, up 118 per cent Q4FY24 Consolidated Revenue at Rs 137.21 crore, up 19.63 per cent Q4FY24 EBITDA stands at Rs. 68.77 FY24 Consolidated PAT at Rs 102.95 crore, up 38.93 per cent FY24 Consolidated Revenue at Rs 577.86 crore, up 29.4 per cent FY24 EBITDA stands at Rs. 201.19 crore, up 57.97 per cent…

09 May

Concord Control Systems Limited Acquires Majority Stake in Advanced Rail Controls Private Limited

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Lucknow (Uttar Pradesh) [India], May 9: Concord Control Systems Limited (Concord), a leading provider of innovative solutions in the railway industry, proudly announces its acquisition of majority stake in a specialized pioneering Company Advanced Rail Controls Private Limited (Advanced Rail). This strategic move marks a significant step forward in consolidating Concord’s position as a key player in the global railway technology market. The transaction underscores Concord’s commitment to strategic investments that create long-term value for its stakeholders and contribute to the advancement of rail transportation globally. The acquisition is driven by Concord’s commitment to fostering growth and innovation within the rail sector. By…

09 May

Globe Textiles Explores Direct Listing on BSE Limited for Equity Shares

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Mumbai (Maharashtra) [India], May 9: Globe Textiles India Limited (GTIL) (NSE: GLOBE), a well-known textile star exporter of fabrics and garments catering to global and domestic markets for the last decade, has announced to make an application to BSE Limited (formerly known as Bombay Stock Exchange) for the direct listing of its equity shares. This strategic move underscores Globe Textile’s commitment to enhancing transparency and maximizing value for its shareholders. A direct listing on BSE Limited gives Globe Textiles large investor access. Direct listings provide a streamlined pathway for companies to access public markets without the traditional IPO process, thereby reducing…

09 May

Abeer Vivek Abrol: A Custodian of Cultural Heritage and Catalyst for Artistic Appreciation

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New Delhi (India), May 9: Abeer Vivek Abrol, Mumbai’s youngest art collector, embodies a legacy spanning three generations of art connoisseurship. His collection boasts masterpieces by iconic artists like MF Husain, Akbar Padamsee, Arpita Singh, Krishen Khanna, and Ram Kinkar Baij, among others. Each artwork in his possession is not merely an acquisition but a cherished relic, a portal to a world of artistic brilliance and cultural significance. Recently, Abrol achieved a significant milestone by attaining his master’s degree in Art Evaluation from Sotheby’s Art Institution in London and New York. As the only Indian student and the youngest in…

09 May

Exploring the Dynamics of the Contract Manufacturing Industry: Opportunities in FMCG Sector and the Role of Contract Manufacturing and Private Label Expo

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Mumbai (Maharashtra) [India], May 9: In the ever-evolving landscape of consumer goods, the contract manufacturing industry stands as a cornerstone, facilitating the seamless production of a myriad of products across various sectors. From cosmetics, beauty, personal care to food and beverages, contract manufacturers play a pivotal role in meeting the growing demands of consumers while ensuring efficiency and quality in production processes. The Fast-Moving Consumer Goods (FMCG) sector, in particular, has witnessed a significant surge in demand over the years, driven by factors such as changing consumer preferences, urbanization, and the rise of e-commerce. This surge has presented lucrative opportunities…

09 May

Unveiling the World Through Cultural Immersion, Says Geeta Bachaspati’s AdventureBond Makes Travel Transformative

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New Delhi [India], May 9: For Geeta Bachaspati, travel isn’t just about snapping photos in front of iconic landmarks. It’s about peeling back the layers, venturing beyond the tourist facade, and truly experiencing the cultural kaleidoscope that each destination offers. This deep-seated love for immersive travel experiences is the driving force behind AdventureBond, a Bangalore-based travel agency that curates bespoke holidays designed to transform travelers from passive observers into active participants in the cultural narrative. AdventureBond caters to a distinct niche – the curious explorer who craves more than postcard-perfect landscapes and luxurious accommodations. Their clientele yearns for a deeper connection…