Business – Page 18 – THE ECONOMIC INDIA

22 Oct

Aditya Halwasiya Buys Additional Stake in PC Jeweller as Shares Jump 9% After Q2 Profit Rises 58%

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New Delhi [India], October 22: Shares of PC Jeweller Ltd rose nearly 9% on Thursday, October 22, after the jewellery retailer reported strong second-quarter results for FY27, while Aditya Kumar Halwasiya’s additional stake purchase drew investor attention. The company reported a 58% year-on-year increase in consolidated net profit to ₹330.66 crore for the July–September quarter, compared with ₹209.54 crore in the corresponding period last year. Total income increased 28% to ₹1,054.47 crore from ₹825.25 crore a year earlier. The quarterly performance comes as PC Jeweller completes a significant financial turnaround. The company recently cleared its outstanding dues to all 14…

22 Oct

919% Growth, Rs 4,500 Crore Market: Why StudioBackdrops Is Betting on Infrastructure

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New Delhi [India], October 22: India’s creator economy is no longer a side hustle, it’s a whole new industry with its own hiring pipelines, job titles, and increasingly, its own supply chains. Job postings for content-creation roles in India spanning influencers, video producers, and social-media marketers, grew 919% between 2020 and early 2026, according to a report by Indeed. That’s pushed creator-related roles from roughly 1 in every 1,000 marketing job postings to nearly 1 in every 100. A few numbers explain what’s driving that curve: India’s influencer marketing industry is projected to reach ₹4,500–5,000 crore by 2027, per Kofluence’s…

21 Oct

Domicil Sleep Charts 50-Store India Expansion as Premium Mattress and Sleep-Solutions Segment Gains Ground

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New Delhi [India], October 21: Domicil Sleep, the premium German-engineered sleep and wellness brand from HTL International, is targeting around 50 experience stores across India over the next three years, as it looks to strengthen its presence in the country’s growing premium mattress and sleep-solutions segment. The brand, which currently has experience stores in Bengaluru and Chennai, plans to expand across major metros and Tier-I cities through a predominantly franchise-led retail model, complemented by company-owned and company-operated stores. The expansion will mark a significant scale-up of Domicil Sleep’s physical presence in India as it looks to establish the brand across…

21 Oct

Rajkot-Based Antala Industries Set for IPO Launch Soon After Securing BSE SME Approval

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Rajkot (Gujarat) [India], October 21: Antala Industries Limited, a manufacturer of industrial and commercial packaging products, has received approval for its proposed initial public offering (IPO) and plans to list its shares on the BSE SME platform. The approval was received on October 14, 2026. The proposed book-built issue will comprise a fresh issue of up to 46.80 lakh equity shares. The company plans to use Rs. 5.89 crore from the proceeds to purchase and install additional plant and machinery at its existing manufacturing facility, and Rs. 10.68 crore to meet working capital requirements. The rest will be used for…

21 Oct

DIP Market, Red Lions Capital Spotlight Global Private Market Opportunities for Indian Investors

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Mumbai (Maharashtra) [India], October 21: DIP Market and Red Lions Capital concluded their four-city Private Frontiers knowledge series, which drew more than 350 attendees, including leading wealth managers, private bankers, HNIs and UHNIs. The series highlighted the growing interest among Indian family offices, wealth managers and professional investors in accessing global private markets through globally regulated investment structures. Held across Kolkata, Bengaluru, New Delhi and Mumbai from October 13 to 16, the invite- only series focused on international portfolio diversification, private equity, venture capital, private credit and opportunities in high-growth companies before public listings. The discussions come as India expanding…

21 Oct

Clearclaim Turns India’s Unclaimed Shares Into a Specialist Business

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The Pune firm, registered in 2021, helps investors and families recover old shares and dividends. It says it has now helped recover more than ₹150 crore. Pune (Maharashtra) [India], October 21: Most financial firms compete for fresh money. Clearclaim Ventures Pvt. Ltd. works with money that already exists but has lost track of its owner. The Pune company helps investors and families recover old shares, unclaimed dividends and related assets, and it has built that work into a business with a defined set of services, three co-founders and a client base it puts in the hundreds. A market created by…

21 Oct

India’s Solar Energy Sector Enters New Growth Phase; EPC, Rooftop & Distributed Solutions Revenue Accelerates

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Mr. Jignesh Patel, Chairman & Managing Director, Trom Industries Ltd New Delhi [India], October 21: India’s solar story is shifting. While the initial boom was defined by massive ground-mounted solar parks, the current wave of growth is far more diversified. The market is rapidly expanding into rooftop installations, commercial and industrial (C&I) projects, hybrid setups, battery energy storage systems (BESS), and decentralized off-grid applications. Official data from the Ministry of New and Renewable Energy (MNRE) highlights this momentum: India’s cumulative solar capacity reached 168.04 GW as of August 31, 2026. This breakdown includes 123.99 GW of ground-mounted projects, 32.59 GW…

21 Oct

Hafele Classic and Design Series Door Profiles Offer New Possibilities in Interior Design

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Design Series H-Grid Profiles New Delhi [India], October 21: Hafele’s Classic and Design Series Door Profiles are crafted to enhance the aesthetics of interior spaces. Designed for installation on wooden as well as glass doors, these profiles enable unique door designs and are available in a range of finishes to suit different interior styles. Within this range, Hafele’s Design Series Leather Profiles bring a distinctive design element to wardrobe and cabinet doors. Available in brown, tan and beige leatherette finishes, these profiles combine the sleek appearance of aluminium with the textured appeal of leatherette. Their slim frames and elegant finishes…

21 Oct

Hafele Architectural Lights’ Delft Series Combines Visual Comfort with Design Flexibility

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Hafele Lighting – Delft Series Architectural Lights New Delhi [India], October 21: Hafele Architectural Lights expands Hafele’s lighting portfolio beyond furniture lighting, offering integrated solutions designed for residential and hospitality spaces. Building on the expertise established through its Loox range, Hafele Architectural Lights brings together functional illumination, visual comfort and design flexibility to meet the requirements of contemporary interiors. The Delft Series Architectural Lights offers a compact lighting solution for spaces that require effective illumination with minimal visual intrusion. Its deep baffle design helps reduce glare and direct light effectively, making it suitable for living rooms, bedrooms, dining areas, hotel…

21 Oct

No Listing Fees. No Lead Fees. No Brokerage: NOFEEZ Brings a Free-to-Use Property Platform to Market

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NOFEEZ lets homeowners list properties and connect with buyers or tenants with no listing, lead-generation, brokerage, commission or subscription fees. New Delhi [India], October 21: Listing a property should not mean paying to advertise it, paying to access potential customers, or losing part of a deal to brokerage. NOFEEZ is built around a simple proposition: make property discovery free for users, with no brokerage, commission, or subscription fees under its stated offering. The live property platform allows homeowners to list their properties directly through the application at no cost and receive leads from prospective buyers or tenants without paying a…