Business – Page 10 – THE ECONOMIC INDIA

27 Jul

Medikabazaar Delivers Strong Q1 Performance with 57% Growth

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Dinesh Lodha, Managing Director & Group CEO, Medikabazaar New Delhi [India], July 27: Medikabazaar, India’s leading B2B healthcare supply chain platform, has reported a robust start to FY 2026–27, delivering an impressive 57% year-on-year growth in Q1, reinforcing its position as one of India’s fastest-growing healthcare commerce and technology companies. Building on the strong momentum of FY 2025–26, the company is firmly on track to achieve a ₹3,000 crore topline in FY 2026–27, representing approximately 45% growth over the previous financial year, while targeting a 15-fold increase in EBITDA. The performance reflects Medikabazaar’s disciplined approach to profitable growth, operational excellence,…

27 Jul

From the House of Vasansi Jaipur Comes Varuna: A New Destination for The Wedding Circle

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Thoughtfully Coordinated Occasion Wear & Elevated Wedding Gifting Jaipur (Rajasthan) [India], July 27: Celebrating The Wedding Circle—the bridesmaids, sisters, mothers, close family members, and every woman who helps make weddings unforgettable—Varuna, the newest brand from Vasansi Jaipur, officially launches as a contemporary luxury label offering thoughtfully coordinated occasion wear and curated gifting experiences inspired by the timeless artistry of Jaipur. Designed to bring together elegant ensembles for every member of the wedding celebration, Varuna ensures that every woman feels celebrated while creating beautifully coordinated moments across every ceremony. Designed for bridesmaids, sisters, mothers, close family members, and every woman who is part of life’s…

27 Jul

Banana Club Strengthens Offline Expansion with 21st Store Launch in Delhi

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Banana Club Strengthens Offline Expansion with 21st Store Launch in Delhi with ₹1 Offer Inspired by ’90s Nostalgia New Delhi [India], July 27: Premium menswear brand Banana Club marked a significant milestone in its growth journey with the launch of its 21st retail store in Delhi on 19 July 2026. Located in one of the city’s prime shopping destinations, the new store strengthened the brand’s offline presence while offering customers an immersive shopping experience inspired by the nostalgia of the 1990s. To celebrate the launch, Banana Club introduced a unique “Buy 1 Shirt, Get the 2nd Shirt for Just ₹1”…

27 Jul

Urban Bagicha Brand is Redefining Urban Green Living with Sustainable Innovation and Community Impact

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Jaipur (Rajasthan) [India], July 22: As Indian cities continue to expand, the demand for greener, healthier, and more mindful living spaces is growing rapidly. Urban Bagicha Brand is emerging as one of the brands responding to this shift by making indoor and outdoor plants simple, accessible, and aesthetically appealing for modern homes and workplaces. Founded with a vision to reconnect urban lifestyles with nature, Urban Bagicha Brand has evolved beyond being an online plant store. Today, the brand offers a complete ecosystem of premium indoor and outdoor plants, elegant planters, gardening essentials, plant nutrition products, gifting solutions, and professional gardening…

27 Jul

Sumeet Industries Limited Completes ₹199.75 Cr Rights Issue to Drive Capacity Expansion and Long-Term Growth

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Surat (Gujarat) [India], July 27: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has successfully completed its Rights Issue, with the Board of Directors approving the allotment of 16,84,24,217 Equity Shares of face value ₹2 each at an issue price of ₹11.86 per Equity Share, aggregating ₹199.75 Cr. The Rights Issue was offered to eligible shareholders in the ratio of 8 Rights Equity Shares for every 25 fully paid-up Equity Shares held. The issue remained open from June 22, 2026 to July 20, 2026, enabling existing shareholders to…

27 Jul

Ease of Doing Business: How Reforms Are Reshaping Indian Industry

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Mumbai (Maharashtra) [India], July 27: Ten years ago, if you wanted to start a small factory in India, you probably spent weeks going from one government office to another, chasing stamps and signatures for permits that didn’t really have much to do with what you were trying to build. Now things look very different. If you’re a first-time entrepreneur in Coimbatore or Indore, you can register your company, sort out your bank account, and apply for GST, often in just a few days, usually online, without ever stepping into a government building. That’s not luck—it’s the result of a steady,…

27 Jul

Unstop Launches India’s First Hackathon Built for Talent Acquisition Teams, Co-Powered by People Matters

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New Delhi [India], July 27: Unstop, India’s leading platform for early-talent hiring and engagement, has partnered with People Matters to launch the TA Hackathon, India’s first hackathon built exclusively for Talent Acquisition (TA) and HR professionals. The competition asks the TA community to solve the problems the TA community itself faces, with winners announced live at People Matters TechHR India 2026 in Delhi on 6th August. India’s first hackathon for Talent Acquisition and HR leaders offers ₹1.5 lakh in cash prizes, with the top six teams pitching live at People Matters TechHR India 2026 in Delhi. Register here. Quick Facts…

27 Jul

ICAI Luxembourg Successfully Hosts the 1st ICAI International Conference 2026 – Europe

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Bringing Together Finance and Business Leaders from Across Europe New Delhi [India], July 27: The Luxembourg Chapter of the Institute of Chartered Accountants of India (ICAI) proudly hosted the ”1st ICAI International Conference 2026 – Europe” on 17 July 2026 at GRIDX, Wickrange, Luxembourg, marking a historic milestone for the Indian Chartered Accountancy profession in Europe. The inaugural conference brought together an esteemed gathering of Chartered Accountants, finance professionals, business leaders, entrepreneurs, academicians, and members of the Indian diaspora from across Europe and beyond. Representatives from various ICAI overseas chapters, chapter presidents, and professionals from multiple countries participated in the…

25 Jul

Eco Kranti Holds First Edition of Shubh Labh National Summit in Bengaluru, Brings Together 250 Plus Startups

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Bengaluru (Karnataka) [India], July 25: Received more than 900 entries, and over 250 startups, researchers, and innovators from across India participated in the first edition of Eco Kranti Shubh Labh 1.0 National Summit. More than 30 startups were selected during the two-day sustainability and social innovation conclave organised by Eco Kranti, an initiative of the Sri Sri Rural Development Programme (SSRDP), in collaboration with Startup India and the Department for Promotion of Industry and Internal Trade (DPIIT). Held on July 18 and 19 at The Art of Living International Centre in Bengaluru, the summit brought together entrepreneurs, investors, policymakers, researchers,…

25 Jul

Astrologer and Global Brand Strategist Amey Joshi Joins Rocket Reel as PR & Marketing Advisor and Investor

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Strategic investment brings over 15 years of branding, corporate communications, and business leadership expertise to accelerate Rocket Reel’s growth and market expansion. Mumbai (Maharashtra) [India], July 25: Rocket Reel has announced the onboarding of Amey as its PR & Marketing Investor, marking a strategic milestone in the company’s growth journey. The association is expected to strengthen Rocket Reel’s brand positioning, strategic communications, and market outreach across India and international markets. With more than 15 years of experience in public relations, corporate branding, reputation management, and strategic relationship building, Amey has worked closely with corporates, entrepreneurs, and business leaders to create…