Business

Visakhapatnam (Andhra Pradesh) [India], May 4: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced key capital market developments comprising fresh warrant issuance and conversion of existing warrants, aimed at further strengthening the Company’s capital structure. Key Approved Developments: • Fresh Allotment of 4,40,00,000 Convertible Equity Warrants at ₹9.45 per warrant on a preferential basis, aggregating to ₹10.40crore on receipt of 25 % of Subscription Amount. • Conversion of 2,82,97,870 Existing Warrants issued at 14.10 into Equity Shares following receipt of balance subscription money aggregating to ₹29.92 crore…

Mr Rajendra Kumar Setia, Managing Director & CEO, SK Finance Limited Jaipur (Rajasthan) [India], May 4: SK Finance Limited today announced its financial results for the fourth quarter and financial year ended March 31, 2026, registering growth across key business parameters. The company registered total income from operations of ₹2,823.60 crore during the FY26, while net profit after tax (PAT) stood at ₹431 crore. SK Finance Limited reported strong growth in its Assets Under Management (AUM), which increased to ₹15,755.22 crore as of March 31, 2026. During FY26, the company recorded total disbursements of ₹9,162.27 crore. Key Highlights AUM at ₹15,755 crore…

New Delhi [India], May 2: IJCP Group, a leading integrated healthcare communications company, in association with the South Asian Obesity Forum (SOF), successfully concluded OBESITAS 2026, a high-impact scientific conference focused on addressing the growing clinical and public health challenge of obesity in India. Bringing together over 500 doctors and 150 nutritionists, alongside international faculty, the conference highlighted the urgent need to reposition obesity as a chronic, complex disease that is closely linked to diabetes, cardiovascular disease, fatty liver disease, and hormonal disorders. With rising prevalence across age groups, experts pointed to the need for early intervention and structured, multidisciplinary…

Hyderabad (Telangana) [India], May 2: Aptronix, India’s leading Apple Premium Reseller, has unveiled its most ambitious brand campaign to date — “Big & Beyond Aptronix” — featuring celebrated actors Akkineni Naga Chaitanya and Sobhita Dhulipala as the official campaign faces. The launch marks a landmark moment in Indian Apple retail: the opening of Aptronix’s largest store in India, spanning 8,000 square feet, at Sarath City Capital Mall, Hyderabad. A Campaign Built for the Boldest Generation of Apple Users Designed to embody scale, confidence, and innovation, the “Big & Beyond Aptronix” campaign reflects the brand’s evolution into a world-class, aspirational retail…

Pune (Maharashtra) [India], May 2: NovorbisItusPvt. Ltd., a Pune-based cleantech startup, has raised ₹13.35 crore in a seed funding round led by Rainmatter, the investment initiative of Zerodha. The company develops emission control and air purification systems for decentralised pollution sources such as diesel generator (DG) sets and crematoriums, including retrofit solutions for existing infrastructure. The round also saw participation from Rockstud Capital, an early-stage fund focused on manufacturing-led companies. The transaction was advised by Indorient Financial Services Ltd. The Pune-based startup will use the funds to scale its emission control solutions for diesel generators and crematoriums and expand into new product lines. The round is led by Nithin Kamath’s Rainmatter, with participation…

New Delhi [India], May 1: RDash, India’s AI-powered construction management software backed by Y Combinator, Stellaris, and Zacua Ventures, today announced the appointment of Rajeev Mittal as Strategic Advisor to RDash. As the strategic advisor, Mr. Mittal will guide RDash’s go-to-market strategy, enterprise growth, and partner ecosystem development as the company expands across India and the Globe. About Rajeev Mittal Rajeev Mittal brings nearly four decades of experience building and scaling technology businesses across India and the Asia Pacific. He has held Managing Director and General Manager roles at some of the world’s most influential technology companies, including Autodesk, Microsoft India,…

Hyderabad (Telangana) [India], May 1: In a city defined by rapid expansion and relentless construction, few narratives stand out for their restraint and clarity of purpose. Kalyan Sangavarapu, Managing Director of Silver Star Infra Contract & Developers, represents a distinct voice within Hyderabad’s infrastructure ecosystem one that places equal emphasis on execution, environmental sensitivity, and institutional navigation. His journey reflects not a pursuit of scale alone, but a considered effort to redefine how urban spaces are imagined and delivered. Foundations Rooted In Experience Kalyan’s entry into the construction sector was neither incidental nor purely opportunistic. It emerged from a sustained…

New Delhi [India], April 30: MATEXIL (Manmade Fibre & Technical Textiles Export Promotion Council) participated in Techtextil Frankfurt 2026, held from April 21 to 24, with a strong delegation of 40 Indian companies representing the diverse and growing capabilities of India’s technical textiles sector. Inauguration of India Day On the opening day, the India Pavilion was inaugurated by Shri T.G. Bharath, Hon’ble Minister for Industries & Commerce, Food Processing, Government of Andhra Pradesh, in the esteemed presence of Ms. Shuchita Kishore, Consul General of India in Frankfurt; Ms. Vrunda Manohar Desai, Textile Commissioner; Ms. R. Lalitha, Textile Commissioner, Government of Tamil Nadu;…

New Delhi [India], April 30: greytHR, India’s leading full-suite HRMS platform, today announced the launch of GPS Live Tracking — a new attendance capability that helps organisations verify field attendance through work–hour–bound, privacy-first location tracking. greytHR currently serves over 34,000 organisations across 25+ countries, managing 3.2 million+ employees and processing more than USD 23 billion in payroll annually across India, the Middle East, and Southeast Asia. Beyond Punch-In. Beyond Punch-Out. Traditional attendance systems capture when employees start and end their day — nothing in between. GPS Live Tracking fills that gap by building a transparent, auditable timeline of the workday:…

New Delhi [India], April 30: India’s carbon market has moved past the stage of policy announcements. As of fiscal year 2025–26, compliance obligations under the Carbon Credit Trading Scheme are in force for approximately 490 entities across seven energy-intensive sectors, following the notification of greenhouse gas emission intensity targets by the Ministry of Environment, Forest and Climate Change. At the Bharat Electricity Summit 2026, Union Power Minister Manohar Lal confirmed that formal trading in India’s domestic carbon market will begin within the next four months, with the Indian Carbon Market Portal already live for registration and verification. For industries inside…