Press Release

Chairman, MATEXIL Welcomes Rectification of Inverted Duty Structure for MMF Textiles

Chairman, MATEXIL Welcomes Rectification of Inverted Duty Structure for MMF Textiles

Mumbai (Maharashtra) [India], September 15: The GST Council, at its 56th Meeting held on 3rd September 2025, approved the rationalization of GST rates by moving to a two-slab structure of 5% and 18%, abolishing the existing 12% and 28% rates. These revised rates will come into effect from 22nd September 2025. As part of this reform, the GST rate on manmade fibres has been reduced from 18% to 5%, and on manmade yarns from 12% to 5%. Welcoming this landmark announcement, Shri Shaleen Toshniwal, Chairman of MATEXIL (Manmade Fibre Textiles & Technical Textiles Export Promotion Council), said “the value chain…
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RIT Inaugurated One of India’s First Quantum Research Center, Chennai

RIT Inaugurated One of India’s First Quantum Research Center, Chennai

Chennai (Tamil Nadu) [India], September 16: Rajalakshmi Institute of Technology (RIT), inaugurated one of India’s first Quantum Research Center today as part of Initiation Day 2025, marking a major milestone in higher education and advanced research in India.  The event also welcomed over 2,000 first-year students to the institution. Dr. (Mrs.) Thangam Meganathan, Chairperson, Rajalakshmi Group, presided over the function and quoted that, “The true power of educated youth lies in their hard work and commitment to ethics. There are no shortcuts in life. One of the biggest opportunities is already with you it is for students to take, embrace,…
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Vroutes HR Cuts Business HR Costs by Half With New Three-Layer Model

Vroutes HR Cuts Business HR Costs by Half With New Three-Layer Model

Hyderabad (Telangana) [India], September 16: Vroutes HR, a Hyderabad-based HR consulting firm, has developed a three-layer service model that cuts human resource costs by 50-55% compared to traditional approaches, addressing a gap that undermines startup and small business success across India. Founded in 2017 by Vishal Adbalwar, Vroutes HR grew from his observations about business failures in the startup and SME sector. Adbalwar watched companies with strong products or services struggle to scale. His discussions with CEOs and business owners revealed a recurring problem: weak or missing HR foundations. Many organizations ran without dedicated HR teams, relied on junior professionals, or…
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tlooto AI Highlights AcademicGPT at Startup Mahakumbh 2025, India’s Largest Startup and Innovation Event

tlooto AI Highlights AcademicGPT at Startup Mahakumbh 2025, India’s Largest Startup and Innovation Event

Korea, September 15:  tlooto, an AI-powered academic research platform, highlighted its AcademicGPT solutions at Startup Mahakumbh 2025, India’s largest startup and innovation exhibition organized by the Federation of Indian Chambers of Commerce & Industry (FICCI). The event served as a stage for global innovators, universities, and scholars to showcase the future of technology. With over 1.3 million monthly active users and partnerships with more than 30 universities and research institutes, tlooto has gained recognition for its specialized functionality and quality. The platform is already widely used across North America and Europe and now seeks to expand further in Asia, with…
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WearDuds Expands India’s Streetwear Movement with Joggers, Co-ord Sets, and Hoodies Loved by Celebrities

WearDuds Expands India’s Streetwear Movement with Joggers, Co-ord Sets, and Hoodies Loved by Celebrities

Noida (Uttar Pradesh) [India], September 15:  Indian streetwear brand WearDuds is making waves in the fashion industry with its bold product line of joggers, co-ord sets, and hoodies, all organically adopted. Founded in 2022 by Sikandar Ali, a third-generation tailor and entrepreneur, WearDuds has grown from small pop-up stalls to a profitable D2C brand without relying on paid endorsements. Instead, celebrities including Kapil Sharma, Zakir Khan, King, Faisu, Siddharth Malhotra, and Neeti Mohan have chosen to wear WearDuds for its quality, comfort, and authentic streetwear vibe. The brand’s influence has also reached Indian television, with presence in popular shows like Bigg Boss…
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Trade For Impact Conference Highlighted South Asia’s Women Entrepreneurs as Vital Contributors to Global Supply Chains

Trade For Impact Conference Highlighted South Asia’s Women Entrepreneurs as Vital Contributors to Global Supply Chains

Bengaluru (Karnataka) [India], September 15: WEConnect International, with support from the U.S. Department of State, hosted the final Regional Business Conference “Trade For Impact” under the project “Maximising Women Business Owner Contributions through Trade” in Bengaluru. In South Asia, women-owned enterprises make up nearly 20% of businesses, yet fewer than 5% engage in international trade. The project “Maximising Women Business Owner Contributions through Trade” has taken bold steps to close this gap, demonstrating the power of impact sourcing and positioning women as vital contributors to global supply chains. The Conference brought together over 200 participants, including women entrepreneurs, corporate leaders, policymakers, and ecosystem partners from across…
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The GEEF hosts Global WaterTech Summit & Awards 2025 in ITC Maurya, New Delhi, India

The GEEF hosts Global WaterTech Summit & Awards 2025 in ITC Maurya, New Delhi, India

New Delhi [India], September 15:  The Global Energy & Environment Foundation (GEEF) successfully hosted the Global WaterTech Summit & Global WaterTech Awards 2025 at ITC Maurya, New Delhi, with the support of the Ministry of Jal Shakti, Department of Water Resources, River Development & Ganga Rejuvenation, Government of India. The event was powered by NABARD as Power Partner and W.O.G. Technologies as Industry Partner, and convened eminent leaders, experts, and innovators to deliberate on the theme “Smart and Sustainable Water Infrastructure.” The summit began with a welcome address by Ms. Parveen Kaur, who urged collective action for building future-ready water systems. Chief Guest Prof. Ajay…
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Right Paydays Launches for 2025: Compare Top Loan Offers in One Click

Right Paydays Launches for 2025: Compare Top Loan Offers in One Click

New Delhi [India], September 15: The loan comparison space gets a powerful upgrade in 2025 with the official launch of RightPaydays.com, a fast, secure, and user-friendly platform that allows consumers to compare payday loans, personal loans, and more in just one click. Designed to serve as a modern solution in the evolving digital lending landscape, RightPaydays.com puts borrowers in control by making it easier than ever to explore and compare loan options from trusted, licensed lenders. Whether you’re facing a short-term cash crunch or exploring better loan deals, RightPaydays.com offers a smarter, faster way to compare loans online and make informed…
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Shreeji Shipping Registers Robust Q1 FY26 Performance; EBITDA Margin Rises by 811 bps

Shreeji Shipping Registers Robust Q1 FY26 Performance; EBITDA Margin Rises by 811 bps

Mumbai (Maharashtra) [India], September 15: Shreeji Shipping Global Limited (NSE: SHREEJISPG, BSE: 544490), is a shipping logistics company focusing on dry-bulk cargo, has announced its unaudited financial results for Q1 FY25-26. Financial Highlights for the quarter ended June 30th, 2025 (Q1 FY26): ancial Highlights for the quarter ended June 30th, 2025 (Q1 FY26): Revenue from Operations of the company stood at ₹161.19 Crore in Q1 FY26, while it was ₹130.07 Crore in Q1 FY25. EBITDA of the company stood at ₹59.87 Crore in Q1 FY26, while it was ₹37.76 Crore in Q1 FY25. EBITDA Margin improved to 37.14% in Q1 FY26 as against 29.03% in…
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Global Excellence Forum (GEF) Successfully Hosts the Prestigious Conference & Bharat Samman 2025 under the Dynamic Leadership of Shri Naeem Tirmizi & Shri Jitendrakumar ‘Ravi’

Global Excellence Forum (GEF) Successfully Hosts the Prestigious Conference & Bharat Samman 2025 under the Dynamic Leadership of Shri Naeem Tirmizi & Shri Jitendrakumar ‘Ravi’

New Delhi [India], September 13: The Global Excellence Forum (GEF), under the dynamic chairmanship of Mr. Naeem Tirmizi (businessman, philanthropist working for humanitarian social welfare) successfully hosted the Grand Event of Bharat Samman 2025 at Le Meridien Hotel, Connaught Place, New Delhi. The conference focused on Artificial Intelligence (AI), emerging technologies, Self sufficiency and Sustainable Development Goals (SDGs). Over 121 achievers from across India were honoured for their outstanding contributions in various fields. The prestigious gathering was graced by eminent dignitaries, including: •             Shri Dr.Rabindra Narayan Behra (Member of Parliament & member committee of…
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