Business – Page 156 – THE ECONOMIC INDIA

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,…

05 Jun

Kaushalya Logistics Delivers 28% Surge in Consolidated Total Income for H2 FY25

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Mumbai (Maharashtra) [India], June 5: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has announced its Audited H2 FY25 Financial Results. H2 FY25 Consolidated Key Financial Highlights Total Income of ₹ 76,342.14 Lakh, YoY growth of 28.43% EBITDA of ₹ 1,271.29 Lakh, YoY growth of 12.50% Net Profit of ₹ 571.96 Lakh, YoY growth of 19.29% EPS of ₹ 3.09, YoY growth of 8.04% H2 FY25 Consolidated Highlights: Segment-wise Revenue Breakdown: Trade of Electronic Appliances: ₹72,076.11 Lakh, contributing 95.57% of the revenue, with a YoY growth of 28.35%. Logistics & Services Income: ₹ 3,206.14 Lakh, contributing 4.25% of the revenue, with a YoY…

05 Jun

AVG Logistics Delivers Impressive 66% PBT Growth in Q4 FY25

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AVG Logistics Limited, (BSE – 543910, NSE – AVG), a leading multimodal logistics solutions provider, has announced its audited financial results for the Q4 & FY25. New Delhi [India], June 5: Comparative figures below for Q424 & FY24 excludes one-time income from sale of investment reported in Q4 FY24 of Rs. 21.25 Crore at PBT Level & 18.82 Crore at PAT Level. The below numbers are further excluding of other incomes reported on the face of the statement of P&L to represent the actual business performance. Consolidated Key Financial Highlights Consolidated Financial Highlights – Q4 FY25 Revenue: ₹ 147.71 Cr,…

05 Jun

From Scarcity to Sustainability: Gurmit Singh Arora Leads Plumbing Innovation in Water-Stressed Areas

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New Delhi [India], June 5: As climate change and urban growth put pressure on global water resources, the role of efficient plumbing becomes more important than ever. In water-stressed areas, good plumbing not only saves water but also supports public health and cleaner living conditions. The Indian Plumbing Association (IPA), under the leadership of Gurmit Singh Arora, is working to shift the view of plumbing in India — from a basic trade to a key pillar of smart and sustainable development. In this conversation, Gurmit Singh Arora, National President,Indian Plumbing Association shares how plumbing in India is being uplifted through…

05 Jun

Technology Startup ‘Resollect’ Secures Funding to Transform India’s Debt Recovery Landscape

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New Delhi [India], June 5: NPAs have been impacting the growth and profitability of India’s banking sector. With more than 80% of SARFAESI cases disputed by borrowers and recovery timelines running into several years, financial institutions have been stuck in an inefficient loop that technology startup ‘Resollect’ hopes to solve. Manually and branch-dependent processes not only breed inefficiencies in debt recovery but also leave banks vulnerable to huge regulatory risks due to compliance gaps. Over 40% of delayed cases could be processed just through the availability of automated workflows tracking actions and ensuring compliance, a bottleneck costing the industry millions…

04 Jun

Ganga Bath Fittings Limited IPO Opens on June 04, 2025

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Mumbai (Maharashtra) [India], June 3: Ganga Bath Fittings Limited (The Company, Ganga) is manufacturer of a wide range of bathroom accessories, proposes to open its Initial Public Offering on Wednesday, June 04, 2025, aiming to raise ₹ 32.65 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 66,63,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 46 – ₹ 49 Per Share. Equity Share Allocation Qualified Institutional Buyer – Not more than 69,000 Equity Shares Non-Institutional Investors –Not less than 31,29,000 Equity Shares Retail Individual Investors – Not less than 31,29,000 Equity Shares Market Maker – 3,36,000 Equity Shares…

03 Jun

EMI vs Rent: Real Estate Leader Annuj Goel Shares Key Insights for Homebuyers

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Pune (Maharashtra) [India], June 3: As the owner of Goel Ganga Developments, I’m often asked one fundamental question by aspiring homeowners and young professionals alike: “Annuj, should I buy a home or continue renting?” It’s a valid concern and one I understand deeply, both as a developer who has delivered thousands of homes across Pune, and as an individual who has personally walked the journey of building assets and creating long-term financial value. There’s no single answer that fits everyone. But there is clarity once you understand how real estate can transform your financial future. Rent: Flexibility Over Ownership Renting is a…