Business – Page 13 – THE ECONOMIC INDIA

26 Oct

The Big Screen Is Here to Stay: Celebrate Cinema 2026 at Whistling Woods International

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Actor Aamir Khan, along with Film Maker and Chairman of Whistling Woods International, inaugurating the Celebrate Cinema 26 event Mumbai, October 14, 2026: Whistling Woods International (WWI) hosted the 14th edition of Celebrate Cinema ’26 from October 7 to 9, centred on the theme ‘Impact of Big Screen Cinema’. The three-day, open-to-all festival brought together over 4,000 students, industry professionals and creative minds to explore cinema’s cultural impact, evolving technologies and power to unite audiences. Brought together over 4,000 students, celebrated filmmakers, industry veterans and leading voices from Google, Adobe, Sony Pictures and Warner Bros. Discovery, the festival explored the…

26 Oct

From Hazira to the High Seas: Surat-made AM/NS India steel powers INS Mangrol

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Surat/Hazira (Gujarat) [India], October 26: The Indian Navy’s newly commissioned Anti-Submarine Warfare Shallow Water Craft INS Mangrol carries a strong Surat connection, having been built using 100% specialised steel supplied by ArcelorMittal Nippon Steel India (AM/NS India) from its Hazira facility. Commissioned on 12 October 2026 at Naval Dockyard, Mumbai, INS Mangrol represents another moment of pride for Surat, showcasing how world-class manufacturing capabilities developed in Hazira are contributing to projects of national importance. From landmark infrastructure projects to critical defence platforms, steel manufactured in Hazira continues to support India’s growth and strategic ambitions. The latest achievement places Surat at…

26 Oct

Jewelchic Opens Flagship Store in Ahmedabad

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Ahmedabad (Gujarat) [India], October 26: Satva Gold, India’s largest jewellery manufacturer and supplier has entered into the direct-to-consumer (D2C) segment with Jewelchic, a jewellery label focused on everyday 9KT real gold jewellery. The company opened its flagship store in Ahmedabad today, marking the first step in its ambition to build a global brand. Built around the idea of “Everyday Chic”, the brand aims to take gold jewellery beyond special occasions and into everyday wardrobes. Its collections feature contemporary, fashion-forward designs that allow customers to express their personal style through versatile pieces suited to different looks, moods and occasions. The store…

26 Oct

From a Juice Centre in Surat to a Rs 500 Crore-Valued Mobile Retail Chain: Bhatia Mobile Returns to Its Roots in Rohtak

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With over 500 stores across four states, Bhatia Mobile opens its first store in Haryana after adding 90 stores in just 90 days. Rohtak (Haryana) [India], October 24: What began as a small juice centre has grown into a retail network of more than 500 mobile stores. The journey of Bhatia Mobile is a story of resilience, family dedication and customer trust. After establishing a strong presence in Gujarat, Maharashtra, Rajasthan and Madhya Pradesh, the company has now opened its first Haryana store in Rohtak, the hometown of the Bhatia family. A Journey That Began with Adversity During the 1980s,…

26 Oct

Cordelia Cruises Commences Two-Ship Operations With Sky In Mumbai And Empress In Kochi

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Mumbai (Maharashtra) [India], October 26: Cordelia Cruises has entered a new phase of growth in India, with Cordelia Sky now sailing from Mumbai and Cordelia Empress beginning her season from Kochi, marking the first time the cruise line is operating two ships from two Indian homeports simultaneously. The expansion increases Cordelia Cruises’ deployed capacity and broadens its domestic and international itinerary network, with weekend sailings, Goa and Lakshadweep cruises, and international itineraries to the Maldives and Sri Lanka now operating across Mumbai and Kochi. The scale of Cordelia Cruises’ expanded operations was visible in Mumbai on 23rd October, when Cordelia…

26 Oct

Magellanic Cloud’s Wholly Owned Subsidiary Provigil Surveillance Limited Emerges as L1 Bidder in Bank of Maharashtra’s E-Surveillance Tender with a Bid Value of approx. Rs 228 Crore

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Upon Award, the Opportunity Would Further Strengthen Magellanic Cloud’s Presence in the BFSI E-Surveillance Segment Hyderabad (Telangana) [India], October 26: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891) announced that its wholly owned subsidiary, Provigil Surveillance Limited, has emerged as the L1 (lowest) bidder in the tender issued by Bank of Maharashtra for the provision of e-surveillance solutions across 1,550+ sites, with a project value of approximately ₹115 Crore. The scope of work under the tender includes the supply, installation, and commissioning of e-surveillance systems with advanced AI features, along with the operation of a 24/7 Central Monitoring Station. The…

26 Oct

Cold Konnect: A Three-Generation Bet on India’s Farmers

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Koundinya Pochampally, Founder & CEO of Cold Konnect, is the cover story of CEO Thoughts Magazine’s “Future Ready Company 2026” edition (Vol. 3, October 2026). New Delhi [India], October 24: Hyderabad-based ColdKonnect Tech Solutions is building a digital network for India’s cold chain. It connects farmers, traders and companies with cold storages, refrigerated (reefer) trucks and cold-chain suppliers on one verified platform. Its founder, Koundinya Pochampally, describes the company less as a startup than as the third chapter of a family promise to India’s farmers. “I didn’t set out to launch a startup. I set out to honour a fifty-year…

26 Oct

Raymond Plans Name Change to Raymond Aerospace, Defence & Engineering Limited; Board Approves Proposal

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Mumbai (Maharashtra) [India], October 26: Raymond Limited has announced a proposal to change its corporate name to Raymond Aerospace, Defence & Engineering Limited, marking a significant development in the company’s corporate identity. In a regulatory filing dated October 24, 2026, the company informed the BSE and National Stock Exchange (NSE) that its Board of Directors had approved the proposed name change through a resolution passed by circulation. The proposed renaming brings aerospace, defence and engineering into the company’s corporate identity. However, the filing does not announce any new investments, acquisitions or changes to its existing business operations. According to the…

26 Oct

Apollo Micro Systems Q2 Profit Jumps 54%, Revenue Rises 72% to Rs 388 Crore

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New Delhi [India], October 26: Apollo Micro Systems Ltd, a defence electronics and technology company, reported strong financial performance for the second quarter of FY27, with consolidated net profit rising 53.7% year-on-year to ₹46.15 crore, compared with ₹30.03 crore in the corresponding quarter last year. Revenue from operations increased 72.3% to ₹388.15 crore during the July–September quarter, against ₹225.26 crore in the year-ago period, reflecting growth in the company’s business operations. The company’s EBITDA rose 87.8% year-on-year to ₹111.18 crore, indicating improved operating performance. Total income increased to ₹391.69 crore from ₹226.57 crore, while total expenses stood at ₹299.21 crore,…

24 Oct

As AI Makes Answers Instant, Bengaluru Learning Centre Focuses on How Children Think

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Learners at Tattva Swayam taking part in Swayam Vichar Manch, a forum for questioning and discussing everyday concepts. Bengaluru (Karnataka) [India], October 23: With artificial intelligence able to generate explanations, summaries and answers within seconds, a learning centre in Bengaluru is focusing on a different educational challenge: helping children question information, explain their reasoning and recognise when an idea needs to change. Tattva Swayam, an Open Learning Resource Centre in Jakkur, was founded in 2025 and currently has 51 learners aged 3.5 to 15 years. Its approach brings together conceptual inquiry, learning experiences, assessment and reflection, with dedicated platforms for…