Business – Page 122 – THE ECONOMIC INDIA

22 Sep

Sarveshwar Foods Bags Significant INR 329 million Export Order from Singapore’s Monarda Commodities Pte. Ltd.

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Srinagar (Jammu & Kashmir) [India], September 22: Sarveshwar Foods Limited (SFL | BSE: 543688 | INE324X01026), one of India’s leading agro and organic FMCG companies, today announced the securing of a significant export order worth ₹ 329 million from Singapore-based Monarda Commodities Pte. Ltd, Singapore through it’s Wholly Owned Subsidiary Green Point Pte. Ltd, Singapore. This milestone further strengthens the Company’s international expansion and reflects its ability to deliver value at scale. Expanding Global Presence The new order demonstrates Sarveshwar Foods’ rising strength in overseas markets and reinforces its position as a trusted partner for global buyers. With a heritage of over 130 years and a commitment to quality…

22 Sep

Gurunanak Agriculture India to Launch INR 28.8 Cr IPO on NSE Emerge

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Durg (Chhattisgarh) [India], September 22: Gurunanak Agriculture India Limited (GNAIL), a Chhattisgarh-based farm equipment maker, will hit the capital markets with a ₹28.8 crore Initial Public Offering (IPO) later this month. The company said the issue will open on September 24 and close on September 26, with shares proposed to be listed on the NSE Emerge platform. The fixed-price issue involves the sale of 38.4 lakh equity shares at ₹75 each (face value ₹10). The minimum bid lot has been set at 1,600 shares. Post-issue, promoter holding will stand at 68%, down from nearly 100% currently. Expansion Push Proceeds from the IPO…

20 Sep

Basilic Fly Studio Raises INR 85 Crore Through QIP to Fuel Global Expansion

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Chennai (Tamil Nadu) [India], September 20: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), has successfully raised ₹84.99 crore via a Qualified Institutional Placement (QIP). The company issued 20.25 lakh equity shares, priced at ₹419.72 per share, inclusive of a premium of ₹409.72. Fundraising Highlights: Number of shares allotted: 20,25,000 equity shares Face value: ₹10 per share Issue price: ₹419.72 per share (including a premium of ₹409.72) Discount: 5% to the floor price as per SEBI ICDR Regulations Total fund raised: ₹84.99 Cr Institutional Allottees Receiving More Than 5% of Total QIP Allotment : Astorne Capital VCC – Arven:…

20 Sep

Globe Civil Projects Secures ₹13.11 Crore EPC Contract for NIT Delhi Sports Complex

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New Delhi [India], September 20: Globe Civil Projects Limited, (NSE – GLOBECIVIL | BSE – 544424), is pleased to announce the receipt of a Letter of Intent valued at ₹13.11 Cr from Telecommunications Consultants India Limited (TCIL). The project involves the Construction of a Sports Complex and Supply, Erection, Testing & Commissioning of 11 KV HT Ring Main at the National Institute of Technology (NIT) Delhi Campus, on an EPC-II basis. The latest contract highlights the continued confidence placed by institutions in the company’s execution capabilities. The addition of this project further strengthens the company’s order book and supports its presence in large-scale…

20 Sep

Renowned film director Vipin Agnihotri joins hands with Giriraj Swami for a unique spiritual initiative

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New Delhi [India], September 20: In a remarkable confluence of Bollywood and spirituality, acclaimed author and filmmaker Vipin Agnihotri has announced a collaboration with His Holiness Giriraj Swami, a senior disciple of A.C. Bhaktivedanta Swami Prabhupada and an influential spiritual leader of the International Society for Krishna Consciousness (ISKCON). The collaboration aims to bridge modern storytelling with timeless Vedic wisdom through a series of public dialogues, written works, and social initiatives. The first event under this initiative, titled Soulful Conversations: The Journey Within, will be held in Nagpur and will bring together thinkers, young leaders, and spiritual seekers from across…

20 Sep

The New Wave of Ethnic Wear for Men – Nawab Parker

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New Delhi [India], September 20: Back then, men’s fashion carried a consistent & predictable look without much variation. The case where there was a festive occasion the individual would wear a simple kurta, a suit if there was a very important function & on a wedding, the person would borrow something and wear it. Their main concern was how useful the clothing was. The only purpose the clothing served was “to do the job. Change over the last 20 years has been noticeable and more than years ago. It was during this period that men began caring more about their…

18 Sep

OPPO India brings Grand Festive Sale across its portfolio; Rs 10 Lakh Mega Prize for 10 lucky customers

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New Delhi [India], September 18: Ushering in the festive cheer, OPPO India announced the return of its biggest festive sale for customers in India: ‘Pay 0, Worry 0, Win ₹10 Lakh’. From 19th September to 31st October, customers can explore and avail exciting offers on OPPO devices, including the latest launches – the F31 Series and the Reno14 Series, across retail stores, the OPPO e-store, Flipkart, and Amazon. The OPPO festive sale offers shoppers a host of exclusive benefits, including zero down payment, interest-free EMIs, instant cashbacks, attractive exchange schemes and a chance to win latest OPPO devices along with cash prizes of ₹10 Lakh or ₹1 Lakh. Commenting on the…

18 Sep

Veefin’s API Business Vertical Signs Over 15 Partners to Redefine Digital Lending and API Infrastructure

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Mumbai (Maharashtra) [India], September 18: Veefin Solutions Limited (BSE: VEEFIN | 543931), Veefin Group through its subsidiary, has announced partnerships with over 15 leading fintech’s and enterprises to deliver next-generation digital lending and API infrastructure solutions. Among the standout names in this growing ecosystem are SimplyFI, Equence, and WhatsLoan – each bringing unique expertise to the table, driving innovation in lending, compliance, and fraud management that set new standards for innovation, compliance, and scalability in the digital-first economy. These collaborations reinforce the Veefin Group’s vision of building the World’s Largest Working Capital Technology Ecosystem that empowers financial institutions, enterprises, and consumers through seamless, secure,…

18 Sep

AZAD Engineering Inaugurates Exclusive Lean Manufacturing Facility for Siemens Energy

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Hyderabad (Telangana) [India], September 18: Azad Engineering, a leader in precision engineering, marked another significant milestone today with the inauguration of its lean manufacturing facility designed to meet capacity commitments to Siemens Energy at Azad’s Centre of Excellence & Innovation Centre in Tunikibollaram, Hyderabad. The 7,200 sq. mts. state-of-the-art facility was inaugurated by the following senior leadership from Siemens Energy: Mr. Andreas Schmidt, VP Procurement SE GS Central; Mr. Tim Kleinheyer, Head of Commodity Management GSC, Mr. Mudit Jain, Country Business Segment Manager, SE TI STG, Mr. Martin Pokorný, Head of Procurement SE TI STG P Bruno; Mr. Sascha Hass,…

18 Sep

Renewing Your Health Insurance: Best Practices You Should Follow

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Mumbai (Maharashtra) [India], September 18: When a family member is suddenly admitted to the hospital in the middle of the night, everything is chaotic, doctors are rushing around, various forms need to be filled out, and then there are the medications. And at that time, when a hospital staff member asks you about the health insurance, and you realise that it has expired and you forgot to renew it, that’s when you truly understand why it’s so important to renew your health insurance on time. This happens quite often. Most people buy health insurance, feel relieved, and then forget about…