Press Release

OYO Launches Summer Vacations Limited Period Free Stay Program In 1100+Hotels
16 May

OYO Launches Summer Vacations Limited Period Free Stay Program In 1100+Hotels

Press Release,
New Delhi [India], May 16: Global hospitality technology company OYO has announced the launch of a summer vacation limited-period free stay program across 1100+ company serviced hotels in popular holiday destinations across India. A total of 1000 free stays will be available each day on a first-come, first-served basis, allowing thousands of travelers to enjoy a comfortable and memorable stay at no cost. Guests can redeem their complimentary stay by entering the coupon code FREESUMMER while booking through the OYO app or website. The offer is valid from May 17 to 24, 2025, giving travelers the chance to experience OYO’s premium hospitality…
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Iris Clothings Reports Strong Q4FY25 Performance
16 May

Iris Clothings Reports Strong Q4FY25 Performance

Press Release,
Mumbai (Maharashtra) [India], May 16: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids wear, announced their financial results for the quarter and year ended March 31, 2025. Q4 FY25 Key Financial Highlights Total Income of ₹ 403.3 Mn, YoY change of -4.3% EBITDA of ₹ 82.3 Mn, YoY growth of 15.8% EBITDA Margin (%) of 20.4%, YoY growth of 355 BPS PAT of ₹ 44.8 Mn, YoY growth of 28.6% PAT Margin (%) of 11.1%, YoY growth of 284 BPS FY25 Key Financial Highlights Total Income of ₹ 1465.8 Mn, YoY growth of 20.1% EBITDA of ₹ 283.1 Mn, YoY growth of…
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Focus Lighting Receives Rs 10.5 Crore LED Lighting Order from LT for Infrastructure Project
16 May

Focus Lighting Receives Rs 10.5 Crore LED Lighting Order from LT for Infrastructure Project

Press Release,
Mumbai (Maharashtra) [India], May 16: Focus Lighting & Fixtures Limited.(NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, has secured a significant commercial order from Larsen & Toubro Limited – Construction Division. The order, valued at ₹10.5 Cr, is for the manufacture, supply, and delivery of advanced LED lighting and fixtures, to be executed over a period of eight months. This development marks a major milestone for Focus Lighting as it strengthens its portfolio of marquee clients and underscores the company’s growing reputation as a dependable partner in the infrastructure and construction ecosystem. The company will supply…
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Borana Weaves Limited IPO Opens on Tuesday, May 20, 2025
16 May

Borana Weaves Limited IPO Opens on Tuesday, May 20, 2025

Press Release,
Mumbai (Maharashtra) [India], May 16: Borana Weaves Limited, (“Borana”, The Company) specializing in the production of unbleached synthetic grey fabric, proposes to open its Initial Public Offering on Tuesday, May 20, 2025 whereas, the anchor bidding will open on Monday, May 19, 2025 and the bid/ issue will close on Thursday, May 22, 2025. The Company aims to raise ₹ 144.89 Crore and list its Equity Shares on the main board platforms of BSE Limited and National Stock Exchange of India Limited. The issue size is up to 67,08,000 Equity Shares with a price band of ₹ 205 – ₹ 216 per Equity Share and face value of ₹ 10 each. Equity Share Allocation Qualified…
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Cheap Flight Booking Platform “FareArena” Launched By Zordo Technologies
15 May

Cheap Flight Booking Platform “FareArena” Launched By Zordo Technologies

Press Release,
New Delhi [India], May 15: Zordo Technologies, a startup name to be reckoned with in the field of travel tech, has recently launched FareArena, an engaging and user-oriented flight and accommodation booking website focused on providing discounted flight tickets to domestic and global travelers. The goal of FareArena is to make the experience of planning for a trip an easy one by providing users with affordable airline ticket offers and cheapest airfare choices with minimal mouse clicks. With the travel market experiencing a boom in post-pandemic travel, there has never been a greater demand for an online booking of flights…
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Standard Glass Lining Launches India’s First Glass Lined Shell and Tube Heat Exchangers
15 May

Standard Glass Lining Launches India’s First Glass Lined Shell and Tube Heat Exchangers

Press Release,
Hyderabad (Telangana) [India], May 14: Standard Glass Lining Technology Limited (SGLTL), one of India’s leading engineering firms and a recently listed entity on NSE and BSE, proudly announces a landmark strategic alliance with Japan’s iconic AGI Group and its affiliate GL HAKKO, global leaders in advanced glass-lined technology, to manufacture World’s First Glass-Lined Shell and Tube Heat Exchangers in India. This milestone collaboration grants SGLTL an exclusive 20-year license to assemble and market GL HAKKO’s world-class glass-lined shell and tube heat exchangers in India—a pioneering breakthrough that positions SGLTL on the global innovation map in this segment. A Historic Opportunity for Indian Manufacturing: Speaking at the signing ceremony, Mr. Nageswara RaoKandula, Managing…
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AVG Logistics secured long term banking facilities to cater FY 2025/26 Capex requirement
14 May

AVG Logistics secured long term banking facilities to cater FY 2025/26 Capex requirement

Press Release,
Mumbai (Maharashtra) [India], May 14: AVG Logistics Limited (BSE – 543910, NSE – AVG a leading multimodal logistics solutions provider, is pleased to announce that it has received debt funding approvals of up to approximately ₹112 Cr from two prominent PSU banks. The funds will be utilised for the strategic purchase of capital assets to cater to long-term contracts for prestigious customers and further enhance AVG Logistics’ operational capabilities towards its growth targets. The addition of these facilities would allow AVG to generate approximately Rs. 100 Crore annualised revenue, and we expect utilisation of these facilities by 31st March 2026,…
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Sarees in Motion: RURIethnic’s Heritage Walk Revives Pune’s Saree Culture
14 May

Sarees in Motion: RURIethnic’s Heritage Walk Revives Pune’s Saree Culture

Press Release,
New Delhi [India], May 14: In an age of fast fashion and fleeting trends, a quiet revolution unfolded in the historic lanes of Pune—draped not in denim, but in sarees. On Mother’s Day, RURIethnic Sarees, a handloom saree brand based in Aundh, hosted its first-ever Heritage Walk: a curated experience that brought together Pune’s history and the lived beauty of the saree. The walk began at Mandai Police Chowki at 7:45 AM and led the saree lovers on a three-hour trail filled with stories, architecture, and meaningful connection. But this wasn’t a tourist stroll. It was a community-led celebration of womanhood, tradition,…
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MATEXIL to Organize Seminar on Textile Exports in Indore on May 16, 2025
14 May

MATEXIL to Organize Seminar on Textile Exports in Indore on May 16, 2025

Press Release,
Mumbai (Maharashtra) [India], May 14: The Manmade and Technical Textiles Export Promotion Council (MATEXIL) is set to host a Seminar in Indore, Madhya Pradesh on May 16, 2025, with the active support of the Madhya Pradesh Industrial Development Corporation (MPIDC). The event is being held for the first time in the state with the encouragement and initiative of Dr. Mohan Yadav,  Chief Minister of Madhya Pradesh, and  Sanjeev Saran, Former Chairman, MATEXIL. MATEXIL is the designated Export Promotion Council for Man-Made Fibre Textiles, covering Fibre, Yarn, Fabrics, Made-ups (including Home Textiles), and Technical Textiles, with a strong membership base of…
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DPL 2025: Where Real Estate Plays Together; A Festival of Unity, Sportsmanship & Community
14 May

DPL 2025: Where Real Estate Plays Together; A Festival of Unity, Sportsmanship & Community

Press Release,
Gurugram (Haryana) [India], May 13: In an industry often defined by deadlines, deal-making, and bottom lines, something extraordinary happened this May. Cricket, a game that lives in the hearts of millions, became the common ground for an entire sector to reconnect, recharge, and rejoice. Welcome to the Developer Premier League (DPL) 2025, an annual sporting tradition founded and hosted by Innovest Hospitality Management Services (IHMS) that is fast becoming the beating heart of India’s real estate community. This year’s edition, held in the buzzing corridors of Gurugram NCR, saw spirited participation from marquee names in Indian real estate like ATS HomeKraft, BPTP, Krisumi…
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