Business – Page 155 – THE ECONOMIC INDIA

09 Jun

Future Generali India Life Nears Breakeven; FY25 Individual New Business Premium Up 19% to Rs 476 Cr

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Mumbai (Maharashtra) [India], June 9: Future Generali India Life Insurance (FGILI) today announced its business and financial performance for FY 2024–25. The Company’s total new business premium increased by 96% to ₹1,192 crore in FY25, up from ₹609 crore in FY24. While individual new business premium rose by 19% to ₹476 crore in FY25 from ₹398 crore in FY24, group new business premium increased by 240% to ₹716 crore in FY25 from ₹211 crore in FY24. The gross written premium of the Company also marked an increase of 39% to ₹2,511 crore in FY25, up from ₹1,811 crore in FY24.…

09 Jun

Dhruv Consultancy Secures First International Private Sector Project in Saudi Arabia

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Mumbai (Maharashtra) [India], June 9: Dhruv Consultancy Services Limited.(DCSL) (BSE – 541302 | NSE – DHRUV), one of the leading infrastructure consultancy companies in India, is pleased to announce its entry into the international private sector market with a project in the Kingdom of Saudi Arabia. The company has been appointed by Core Axis Company, Jeddah-Makkah, as the Design Consultant for a road infrastructure project. This milestone contract, valued at USD 22,000 (approximately INR 18.70 lakh), involves a comprehensive consultancy scope including design, profile and cross-section drawings, road markings, signage plans, landscaping, gantry leg foundation, and model verification. The project…

09 Jun

Mayfair Smart City Brings Affordable Luxury to South Kolkata

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Kolkata (West Bengal) [India], June 9: Mayfair Group proudly launches Mayfair Smart City, a landmark affordable housing project just 20 minutes southwest of Tollygunge. Designed for Kolkata’s aspirational middle class, the township offers thoughtfully planned 2 & 3 BHK residences starting from ₹24 lakhs — combining affordability with modern urban living. Positioned as a “city within a city,” Mayfair Smart City redefines what affordable living can be. With smart infrastructure, green landscapes, and lifestyle amenities, the project promises a future-ready home for those seeking quality, comfort, and community — without overstretching their budget. A Vision of Affordable Excellence Spread across…

09 Jun

Jainik Power Cables Limited IPO Opens on June 10, 2025

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Mumbai (Maharashtra) [India], June 9: Jainik Power Cables Limited, is a manufacturer of aluminum wire rods, has proposed its plan to go public with an Initial Public Offering on June 09, 2025 (For Anchor Investor) and June 10, 2025 (For other than Anchor Investor). The company is aiming to raise ₹ 51.30 Crores at upper price band through this IPO, with shares set to be listed on the NSE Emerge. The issue size is 46,63,200 equity shares at a face value of ₹ 10 each with a price band of ₹ 100 – ₹ 110 Per Share. Equity Share Allocation Qualified Institutional Buyer – Up to 4,45,200 Equity Shares Non-Institutional Investors – Not less than…

07 Jun

Anusaya Fresh India Unveils Eco-Friendly Cardboard Packaging for Q-Commerce

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Mumbai (Maharashtra) [India], June 7: Dinesh Shinde, CEO of Anusaya Fresh India, is delighted to introduce “Eco-friendly cardboard packaging for quick commerce companies for fresh produce With Indian consumers increasingly opting for sustainable solutions, Anusaya Fresh — one of India’s leading fresh produce importers, distributors, and repackers — is taking a bold step forward in revolutionizing produce packaging. The company has adopted eco-friendly, biodegradable cardboard packaging as part of its unwavering commitment to environmental sustainability. “Our eco-friendly cardboard packaging is a crucial part of our commitment to sustainability” says Dinesh Shinde, CEO of Anusaya Fresh.“We chose this material because it…

06 Jun

Air Kalinga: India’s New Wings of Luxury Taking Off to the World

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Bhubaneswar (Odisha) [India], June 6: India’s private jet market is ascending to new heights, and Air Kalinga is leading the charge. Founded by Capt. Sandeep Mishra, a veteran commercial pilot with over 22 years of global flying experience, Air Kalinga is not just another charter airline — it’s a revolution in luxury air travel, connecting India’s emerging elite to world-class destinations with unmatched professionalism, exclusivity, and operational finesse. From Odisha to the World: Air Kalinga’s Bold Ascent Headquartered in Bhubaneswar, Odisha, Air Kalinga operates under Aerokalinga Aviation Pvt. Ltd. and is built for HNIs, top executives, celebrities, destination weddings, and critical…

06 Jun

Nisus Finance Signs MoU with Toyow to Tokenise Up to USD 500 Million in Real Estate Assets via Web3 Platform

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Mumbai (Maharashtra) [India], June 6: Nisus Finance Services Co Limited (BSE- NISUS | 544296 | INE0DQN01013) a renowned investment management firm specializing in urban infrastructure and structured finance, has announced that its Dubai-based subsidiary, Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), has entered into a MoU with Xchain Technologies FZCO (operating as Toyow), a blockchain-based forensic and advisory firm, to tokenise real estate funds and assets worth up to US$500 million (AED 1.83 billion). The initiative marks a significant step towards leveraging blockchain and Web3 technologies in real estate investment. Under the terms of the MoU, Nisus Finance will conduct a Security Token…

06 Jun

Indian Business Excellence Award– 2025 by Corporate Connect

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New Delhi [India], June 6: The Corporate Connect Global Magazine, known for supporting and empowering innovative entrepreneurs and aspiring business leaders, is proud to announce the “Indian Business Excellence Award– 2025”. This prestigious recognition honours outstanding individuals and enterprises worldwide, celebrating excellence and accomplishments across diverse industries. Corporate Connect always strives to promote and share stories of innovative and passionate entrepreneurs and corporations who are overcoming startup obstacles on their way to success. This award list represents excellence across the entire business landscape. The awards recognise individuals, teams, and organisations that have presented solutions – driving innovation, improving performance and…

05 Jun

UK’s Award-Winning Heavenly Desserts Signs Pan-India Deal with Bhatia Group, Aiming for Rs 150 Cr Vision

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New Delhi [India], June 5: Bhatia Group has officially signed UK-based premium café chain Heavenly Desserts, renowned for its artisanal creations and luxurious café experience, to bring the brand to India. Founded in 2008 by Mohammad Imran and Yousif Aslam, Heavenly Desserts was born out of a singular vision to redefine dessert dining through globally inspired flavours served in elegant, immersive settings. With over 60 locations across the UK and successful international launches in Canada, the brand, already the recipient of several global accolades, is now poised for its South Asian debut, backed by a strong Pan-India expansion strategy rooted…

05 Jun

NAMTECH Announces 100 Fully Funded Fellowships for Top Engineering Graduates

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Ahmedabad (Gujarat) [India], June 5: NAMTECH (New Age Makers’ Institute of Technology), an education initiative by ArcelorMittal and Nippon Steel India (AM/NS India), has announced 100 fully funded MET fellowships for graduates from premier engineering institutes across India. As a pioneering global institution dedicated to advancing innovation in Manufacturing, Engineering, and Technology (MET), NAMTECH offers high-end, Industry 4.0-aligned, accelerated one-year master’s programs. These fellowships will cover the entire tuition fee for eligible candidates, enabling talented engineers to access world-class education and career-defining opportunities. The fellowships are open to graduates from India’s top engineering institutions, including IITs, NITs, IIITs, IIITDMs, BITS,…