Press Release – Page 68 – THE ECONOMIC INDIA

05 May

Book Premiere of “Will AI Dictate the Future?” by Dr. Anton Ravindran at Asian Business & Social Forum 2025

New Delhi [India], May 5: AsiaOne Media Group successfully hosted a mega summit namely the 25th Edition of Asian Business & Social Forum 2025 and SIT20 (Saudi Arabia – India – Thailand 20) at the majestic Bharat Mandapam in New Delhi on 16th April 2025, which was attended by dignitaries, diplomats and eminent personalities from business, technology, politics, cinema, and arts from all over the globe. The centre of attraction was the participation of diplomats from 20 countries, 3 ministers, and distinguished leaders from various spheres. The Forum was graced by the esteemed presence of Prof. S.P. Singh Baghel, Hon’ble…

05 May

Roadeeto – Daily Tiffins That Feel Like Home

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New Delhi [India], May 5:In the middle of work deadlines, traffic jams, and everyday chaos, one thing should always remain simple: your food. But cooking every day isn’t easy. Eating out isn’t healthy. And skipping meals? That’s never the answer. That’s why thousands are switching to Roadeeto—a trusted tiffin service that delivers fresh, home-style meals to your doorstep every single day. No fuss, no guilt, just good food you can count on. What is Roadeeto All About? Roadeeto was created with one purpose: to make everyday eating easy, healthy, and reliable. Whether you’re a student living away from home, a…

05 May

Remedium Lifecare Rights Issue Gains Momentum: 26% Subscribed Within First Two Days

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Mumbai (Maharashtra) [India], May 5: The Rights Issue of Remedium Lifecare Ltd marks a significant milestone in the company’s growth journey. Remedium Lifecare is a rapidly growing company specializing in the trading and distribution of raw materials as part of supply chain management for the pharmaceutical industry. The issue has been receiving tremendous response from investors and shareholders, with a subscription of 26.03% by the end of Day 2. The capital raised will be strategically utilized to accelerate global expansion initiatives, strengthen the company’s footprint in key international markets, and strengthening working capital, Investment in R&D capabilities thereby improving the…

05 May

Happy Home Group: Redefining Redevelopment with Landmark Achievements

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Mumbai (Maharashtra) [India], May 5: Mumbai’s evolving skyline owes much to developers who uphold trust, transparency, quality and timely delivery. Leading this transformation is the Happy Home Group, being pioneers of redevelopment and a name synonymous with excellence in redevelopment projects, having delivered more than 20 redevelopment landmarks in 3 decades. Celebrated for their unwavering commitment to performance over promises, Happy Home has once again set a benchmark with their latest achievement — Jade Gardens, Ghatkopar (E) — recently honoured as the Iconic Redevelopment Project of the Year at the prestigious Times Real Estate Conclave Awards 2024-25. Delivered with full…

05 May

Azad Engineering Signs Dollar 53.5M Long-Term Deal with GE Vernova

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Hyderabad (Telangana) [India], May 5: Azad Engineering, a global leader in precision engineering, has announced the signing of an additional long-term supply contract with GE Vernova’s Steam Power Services business unit. The contract, valued at $53.5 million, will span six years till 2030. This additional contract is a key milestone following the recent inauguration ceremony of Azad Engineering’s 7,600 sq. mts. lean manufacturing facility dedicated to meeting volume capacity obligations of Azad Engineering in Tunikibollaram, Hyderabad, India. Under this contract, Azad Engineering will manufacture and supply highly engineered and complex rotating and stationary Airfoils for advanced nuclear, industrial, and thermal power industries. This…

03 May

Montaxe: India’s Leading Adventure Travel Company

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New Delhi [India], May 3: Adventure Tourism in India has gained significant popularity in recent years, drawing lakhs of travel enthusiasts to its mountains, forests, and rivers in search of thrill and tranquility. The Himalayas, in particular, offer some of the world’s most breathtaking treks and offbeat travel experiences. One such company at the forefront of this movement is Montaxe, a Uttarakhand based adventure travel company making waves with its authentic and locally-led expeditions across Himalayas. Montaxe is a mountain-based travel company born and brought up in the Himalayas, providing immersive outdoor experiences. It blends modern safety standards with deep-rooted local…

03 May

The Future of Foreign Trade: Why Smart, Data-Driven Decisions Matter More Than Ever

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New Delhi [India], May 2: Global trade isn’t what it used to be. In the past, foreign trade often ran on personal equations, handshake deals, and a fair bit of gut feeling. Where exporters once relied on long-standing relationships or gut instinct to guide deals, today’s market demands something more concrete. The actual field is more competitive and complex, so businesses now seek clarity, and that clarity comes from reliable trade data. Decisions backed by solid numbers and trends are proving far more profitable and resilient than those made on hunches. A recent study found that 61% of potential exporters see a lack of…

02 May

Power & Instrumentation (Gujarat) Limited’s 50 Years of Powering Progress & Energizing India’s Tomorrow

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Ahmedabad (Gujarat) [India], May 1: Power & Instrumentation (Gujarat) Limited, (NSE – PIGL, BSE – 543912), one of the leading players in the electrical contracting and equipment industry, is proud to mark its Golden Jubilee, half a century of dedication, innovation and unwavering service to India’s electrical infrastructure growth. Founded on the vision of Mr. Padmanabhan Pillai to deliver reliable electrical solutions, Power & Instrumentation has grown into a full-scale EPC services provider and is firmly rooted in India’s dynamic power industry. Over five decades, the company has consistently evolved its mission: then, to light up homes and industries; now, to empower complex power networks and…

02 May

Exhicon Signs Agreement with Butterfly Funtainments to Launch “Messe Global Arena Kharadi”

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Mumbai (Maharashtra) [India], May 2: Exhicon Events Media Solutions Limited (BSE: EXHICON), a leading integrated exhibition and event solutions company, has announced the signing of a definitive agreement with Butterfly Funtainments Pvt Ltd, a youth-focused entertainment company, to develop and operate “Messe Global Arena Kharadi”, Pune’s first dedicated venue for concerts and live events. A New Landmark for India’s Live Entertainment Sector Strategically located in Kharadi, one of Pune’s fastest-growing entertainment and commercial hubs, Messe Global Arena will feature: A 5,000-capacity indoor concert arena, purpose-built for live music performances, comedy tours, and entertainment productions A 6,000-capacity outdoor multipurpose space designed…

02 May

Mangalam Worldwide Reports Robust 46 Percentage growth in FY25 standalone NP

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Mumbai (Maharashtra) [India], May 2: Mangalam Worldwide Limited (MWL) (NSE EMERGE – MWL), a fully integrated stainless-steel company, reported Audited Financial Results for the Q4 & FY25. Key Financial Highlights Standalone Particulars (₹ Cr) FY25 FY24 YoY Change Total Income 1066.03 822.47 29.61 % EBITDA 59.11 41.53 42.32 % EBITDA (%) 5.54% 5.05% 49.51 bps Net Profit 29.41 20.10 46.32 % NPM (%) 2.76% 2.44% 31.50 bps Diluted EPS (₹) 10.27 7.78 32.01 % Consolidted Particulars (₹ Cr) FY25 FY24 YoY Change Total Income 1066.03 822.47 29.61 % EBITDA 60.06 42.52 41.25 % EBITDA (%) 5.63% 5.17% 46.39 bps…