Press Release – Page 69 – THE ECONOMIC INDIA

02 May

Praveg Transfers Bangaram Island Resort to IHCL

Ahmedabad (Gujarat) [India], May 2: Praveg Limited is pleased to announce the successful and formal handover of operations of its flagship resort property, Praveg Atoll’s on Bangaram Island, Lakshadweep to Indian Hotels Company Limited (IHCL), in accordance with the Hotel Management Agreement signed between both parties and announced on March 3, 2025. With this handover, IHCL assumes full operational control of the property under its esteemed SeleQtions brand, reinforcing its commitment to offering guests unparalleled luxury experiences in one of India’s most pristine island destinations. This milestone marks the next phase in a strategic collaboration between Praveg and IHCL aimed at redefining…

02 May

Coral100 LLP: India’s Top Ayurveda Marketing Agency Drives Rs.100 Cr Client Business in FY 2024-25

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New Delhi [India], May 2: Coral100 LLP, India’s first and leading digital marketing agency specializing in Ayurveda and healthcare marketing, has achieved a remarkable milestone by generating ₹100 crore in business for its clients in this financial year. With a proven track record of innovation, strategic marketing, and data-driven campaigns, Coral100 LLP continues to revolutionize the healthcare marketing landscape. As pioneers in 360-degree digital marketing for Ayurveda and healthcare brands, Coral100 LLP has successfully delivered high-quality leads, brand growth, and increased ROI for clients nationwide. The company has helped over 1000+ clients achieve exponential growth in a highly competitive market…

02 May

LifeWear India Appoints Jijith Nedungottur Somasundaran as Chief Executive Officer

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Mumbai (Maharashtra) [India], May 2: LifeWear India, a fast-growing provider of orthopaedic soft goods and mobility solutions, has announced the appointment of Jijith Nedungottur Somasundaran as its new Chief Executive Officer, effective April 2025. Jijith brings over three decades of experience across sales, marketing, and business development. In his new role, he will be responsible for strengthening LifeWear’s market presence in India and the Rest of the World, except the US, and driving the company’s next phase of growth. “We’re thrilled to have Jijith on board,” said Alfredo Poncio, President and Global CEO of LifeWear Technologies. “I am confident that…

02 May

CAPSI Committee on Internal Security (CCIS) Formed

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New Delhi [India], May 1: The CAPSI Committee on Internal Security (CCIS) has been formed. It is dedicated to fostering a resilient and secure environment for our citizens in anticipation of potential threats. Our mission is to engage proactively with the MHA, Civil Defence Department, the National Disaster Management Authority, and law enforcement agencies to ensure a coordinated and effective response to any impending conflict, particularly in the context of heightened tensions with Pakistan. Kunwar Vikram Singh Chairman said the we aim to mobilize the collective resources and expertise of all our members, alongside the strength of 10 million private…

02 May

Duck BSC Builds the World’s Biggest Meme Duck — A Crypto Spectacle Ready to Sail from Dubai

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New Delhi [India], May 2: The meme coin space is about to go global—literally. Duck BSC, a community-driven token launched on BNB Chain, is building a giant 60-foot duck that is currently getting built. Once completed, the duck will sail through Dubai Marina and begin a world tour, spreading awareness of Web3 and celebrating the power of community-driven crypto movements. The idea took off after Binance founder CZ replied to a viral post featuring a massive duck, commenting: “First time I’ve seen a #Binance duck, lol.” That lighthearted reply caught fire in the crypto world and inspired a passionate community…

02 May

SRH and Lubi: When Business Met Cricket – A Night of Deals and Deliveries in Ahmedabad

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Ahmedabad (Gujarat) [India], May 2: In the midst of Ahmedabad, beneath ITC Narmada’s chandeliers, something magical was woven between Lubi and SRH, not merely a business event, but an evening where dreams touched each other’s shoulders, and business found harmony within the rhythm of cricket. For years, Lubi has been more than a name in the world of engineering solutions; it has been a symbol of trust, consistency, and performance. But on this special evening, Lubi wasn’t just talking shop; it was sharing a celebration. Dealers, consultants, and partners, the very backbone of Lubi’s journey, were invited not for a…

02 May

EventBazaar.com makes grand debut as India’s first comprehensive event industry platform

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Ahmedabad (Gujarat) [India], May 2: EventBazaar.com, India’s first comprehensive digital platform for the event industry, was officially launched at a vibrant and memorable evening brimming with music, celebration and digital innovation. The grand launch took place during a spectacular live concert featuring Indian Idol winner Aishwarya Majmudar, signalling a transformative moment for the country’s event planning ecosystem. EventBazaar.com is a one-stop digital destination catering to all your event-related needs. From weddings and corporate events to birthdays and community gatherings, the platform connects customers with verified vendors across more than 136 categories, including catering, decoration, photography, venue booking, entertainment, logistics and…

01 May

Mascot Infrastructure commences development of Mascot Industrial City

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Ahmedabad (Gujarat) [India], May 1: Mascot Infrastructure, Gujarat’s leading real estate and industrial park developer, has officially commenced work on its most ambitious project yet, the Mascot Industrial City, at Vithalapur in Ahmedabad district. Spread across 385 acres, the integrated township is set to emerge as a transformative manufacturing and logistics hub in one of the fastest-growing industrial corridors in the country and boost economic development. The groundbreaking ceremony, held on Wednesday, was attended by a host of dignitaries, including Industries Minister Balvantsinh Rajput, former Deputy Chief Minister Nitinbhai Patel, Mehsana MP Haribhai Patel, and former Home Minister Rajnibhai Patel,…

01 May

KP Group strengthens operations through advanced technology adoption

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Surat (Gujarat) [India], May 1: KP Group, one of India’s leading renewable energy companies, has reaffirmed its commitment to operational excellence by integrating the latest technologies into its asset management and performance optimisation strategies. As part of this initiative, the Group has deployed IBM Maximo Renewables across its renewable energy operations, managing a portfolio of over 1.4 GW across 73+ sites. The full-suite Maximo solution, Monitor, Operate and Analyse, has enabled KP Group to streamline its asset management processes for both Independent Power Producer (IPP) and Captive Power Plant (CPP) services. With over 75 Open Access PPA customers and over…

01 May

Now buy gold and silver at ATM: D. Khushalbhai Jewellers launches India’s first ultra-modern gold ATM

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Surat (Gujarat) [India], May 1: When we need cash in the middle of the night, we head to an ATM. However, in a groundbreaking move, D. Khushalbhai Jewellers has introduced India’s first state-of-the-art Gold ATM, enabling customers to purchase gold and silver coins round-the-clock at its showroom at Vesu VIP Road in Surat. The innovation has been launched in collaboration with a reputed gold coin company. Speaking on the launch, Deepak Chokshi and Deep Chokshi of D. Khushalbhai Jewellers said that many customers prefer gifting gold or silver coins on special occasions, but previously, night-time purchases posed a challenge, as…