Business – Page 114 – THE ECONOMIC INDIA

24 Apr

Rhetan TMT Limited: Building Scale, Margin Strength, and Market Interest

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Mumbai (Maharashtra) [India], April 24: Rhetan TMT Limited has been quietly drawing attention in the market, mainly because the company appears to be showing signs of improvement in its operating performance. In the last month, the company’s share price has increased by 17% to ₹28.50 per share. The stock has outpaced broader markets. Sensex and Nifty have returned more than 3% during the last one-month period. From the return perspective, for a small-cap manufacturing company, that is often where investor interest begins – not with a big headline, but with a steady shift in numbers and business confidence. In the latest…

24 Apr

Insurance for Bikes Used Daily in Indian Traffic: The Coverage Logic Behind High-Usage Two-Wheelers

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Mumbai (Maharashtra) [India], April 24: For many people in India, a bike is part of everyday life. It is used for work, commuting, personal work, and regular travel through busy roads and changing traffic conditions. Because the bike is used so often, the chances of damage and repair needs can be higher. That is why insurance for bike use should not be chosen in a hurry. It should match daily use and offer cover that is useful in real riding conditions. Why Daily Use Changes the Insurance Need When a bike is used every day, it faces traffic, rough roads, crowded parking…

24 Apr

Rikhav Securities Announces Promoter Group Open Offer for Up to 26% Stake

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Mumbai (Maharashtra) [India], April 23: Rikhav Securities Limited (BSE – RIKHAV | 544340), one of the leading diversified stock market services providers, has notified of an open offer by its promoter group comprising Mr. Hitesh Lakhani, Mr. Deep Lakhani, Mrs. Vaishali Shah, and Mrs. Bharti Lakhani, along with persons acting in concert, in accordance with SEBI guidelines. Offer Details Open offer for acquisition of up to 99,55,920 equity shares, representing 26% of the voting share capital Offer price of ₹47.75 per equity share Total consideration of up to ₹47.54 Cr, assuming full acceptance Offer to be executed through cash consideration The promoter group had recently acquired approximately 32.51 lakh equity shares, representing 8.48% of…

23 Apr

Technogym celebrates 40th anniversary of Design Icon, UNICA with ART Installation UNICA MENTE

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Celebrating the icon that redefined home wellness Milan, Italy, April 23: Unica, on its 40th anniversary, has become a timeless icon that defined a new product category: home wellness. Over the years, it has found its place in the world’s most beautiful homes, supported elite athletes, and inspired millions to lead healthier, better lives through its commitment to quality and excellence. This evolution is expressed through UNICA MENTE, where the product transcends function, occupying a place in culture. An art installation curated by Technogym with art direction by artist Felice Limosani, has been unveiled at Technogym Milano, during Milan Design Week (Salone Del Mobile) 2026. Unica…

23 Apr

AZAD Engineering Inaugurates Dedicated Lean Manufacturing Facility for Baker Hughes

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Azad Engineering inaugurated a 7,600 sq. m. next-gen lean manufacturing facility in Hyderabad to support Baker Hughes, strengthening its global precision engineering capabilities and standards. Hyderabad (Telangana) [India], April 23: Azad Engineering, at the forefront of precision engineering, marked another significant milestone with the inauguration of a 7,600 sq. m. next-generation lean manufacturing facility at its Centre of Excellence in Tunikibollaram, Hyderabad. This facility is built to meet growing commitments to support the global energy technology company, Baker Hughes, and is aligned with global manufacturing standards. The facility was inaugurated by distinguished leaders from Telangana’s industry leadership, including Shri. D. Sridhar Babu,…

23 Apr

Leapfrog Engineering Services Limited Plans SME IPO, Signals Expansion Push

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Leapfrog Engineering Services Limited Bengaluru (Karnataka) [India], April 23:Leapfrog Engineering Services Limited has announced its plan to raise funds through an Initial Public Offering (IPO) on the BSE SME platform, marking a key step in its growth journey. The company, which has built its presence in engineering and infrastructure services over the past two decades, is now looking to strengthen its financial position and scale its operations. The IPO is valued at ₹88.51 crore and is structured as a book-built issue, combining both a fresh issue and an offer for sale. The fresh issue comprises approximately 3.46 crore shares worth ₹79.60…

23 Apr

Leading Diamantaire Shree Ramkrishna Exports sets a New Benchmark for Employee Well-being by Implementing a 55% Fixed Wage Structure

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Becomes the First Company in the Indian Gems & Jewellery Sector to surpass the Wage Code Norms of 50% Surat (Gujarat) [India], April 23: In a progressive move that puts people at the heart of policy, Shree Ramkrishna Exports (SRK), one of India’s leading natural diamond crafting and export companies, has become the first in the gems and jewellery sector to go beyond the statutory requirements of the Code on Wages, 2019 by implementing a 55% fixed wage structure, exceeding the mandated 50%. At a time when India’s new labour codes are reshaping compensation frameworks across industries, SRK has chosen to…

23 Apr

Rotoris Debuts at Watches & Wonders Geneva

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India’s first design-led mechanical watch house arrives on the global stage of fine horology. Gurugram (Haryana) [India], April 23: Rotoris, India’s most desirable watch brand and the country’s first design-led mechanical watch house, attended Watches & Wonders Geneva, the world’s most prestigious watch fair and the defining event of the international watch calendar. Held from 14 to 20 April 2026 at Palexpo, Geneva, Watches & Wonders is where the industry’s most established maisons reveal their annual direction to global retailers, collectors, and media. For Rotoris, a brand that launched in February 2026 and arrived in Geneva within its first 14 months…

23 Apr

Travel Insurance Tips for First-Time International Travellers

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Mumbai (Maharashtra) [India], April 23: Travel insurance is often the one part of an overseas trip that first-time travellers underestimate, until something goes wrong. A medical emergency, missed flight, lost passport, or delayed baggage can quickly turn an exciting journey into a stressful and expensive experience. The right cover does more than meet a travel requirement. It protects your health, your money, and your peace of mind when plans do not unfold as expected. In this article, we will look at the key travel insurance tips first-time international travellers should know before choosing a policy. Don’t Just Buy the Cheapest Plan A…

23 Apr

Banke Eyes Rs 1,000 Crore Milestone After Strong Rs 587 Crore Performance in Mumbai

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Mumbai (Maharashtra) [India], April 23: Banke International Properties – India has announced a strong topline performance in Mumbai, closing approximately Rs 587 crore in gross transaction value during the last financial year. Presenting a robust year-on-year growth of around 20%, the transactions achieved reinforces the Banke’s growing presence in one of India’s most competitive real estate markets. The residential segment dominated Banke’s business, contributing to nearly 90% of the overall transaction value. Commercial real estate accounted for the remaining 10%. Within the residential category, premium housing stood out as a key driver, accounting for approximately 40% of transactions. Luxury properties contributed around 20%, with…