Business – Page 19 – THE ECONOMIC INDIA

16 Jul

Jindal Steel Tubes, Khyati Contech Launch JSTL 550 SHD TMT Bars on July 25

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New Delhi [India], July 15: India’s construction materials industry is poised for a significant milestone with the commercial launch of JSTL 550 SHD TMT Bars on July 25, 2026. The products will be manufactured at the Giridih, Jharkhand facility under a strategic manufacturing alliance between Jindal Steel Tubes Ltd. and Khyati Contech Private Limited (formerly Khyati Infra Mart). Far more than the introduction of a new TMT bar brand, the collaboration marks the beginning of a long-term manufacturing programme aimed at creating an integrated construction materials ecosystem. Supported by advanced production systems, stringent quality assurance, technical support, customer education, and…

16 Jul

Remotify CEO Maria Sucgang Earns Nomination for Tatler Front & Female Awards Philippines 2026

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Recognition highlights her leadership in advancing innovation and expanding global opportunities for Filipino professionals. Manila [Philippines], July 15: Maria Sucgang, Co-founder and Chief Executive Officer of Remotify, has been named a nominee for the Innovation Award at the Tatler Front & Female Awards Philippines 2026. The prestigious award recognizes women who are driving meaningful change through innovation, technology, and impactful initiatives that contribute to economic growth and social progress. This nomination places Maria among a distinguished group of women leaders who are shaping industries, redefining traditional systems, and creating new pathways for growth and opportunity across the Philippines. It reflects…

16 Jul

Top AI Brand Visibility Growth Company, The Enough Agency, Expands Citation Services for Global Markets, Eyes 120% YoY Growth in FY 2026–27

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Noida (Uttar Pradesh) [India], July 16: The Enough Agency, an AI brand visibility growth company specializing in Answer Engine Optimization (AEO), Generative Engine Optimization (GEO), AI SEO, AI citation building, and enterprise AI visibility, has announced the expansion of its multilingual citation services across global markets as the company targets 120% year-on-year growth during FY 2026–27. The expansion comes amid a significant shift in consumer behavior, with buyers increasingly moving from traditional search engines to AI-powered answer engines such as ChatGPT, Google AI Overviews, Gemini, Claude, Perplexity, and Microsoft Copilot. Instead of browsing multiple websites, customers now expect AI systems…

16 Jul

Shyam Metalics Commissions Aluminium Foil Facility in Odisha, Invests around Rs. 800 crore; Aluminium FRP plant on Track for September Launch

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New Delhi [India], July 16: SMEL Steel Structural Pvt. Ltd., a step-down subsidiary of Shyam Metalics and Energy Limited, today announced the commencement of commercial production at its Aluminium Foil facility in Sambalpur, Odisha. The facility has an installed operational capacity of 18,000 tonnes per annum (TPA) and is equipped to manufacture premium-grade foils in the thickness range of 6 to 40 microns. Highlights:- Investing around ₹800 crore in downstream aluminium facilities at Sambalpur to strengthen the value-added product portfolio. Commences commercial production at 18,000 TPA Aluminium Foil facility in Odisha; 60,000 TPA Aluminium FRP plant on track for commercial launch by September 2026. Downstream aluminium…

16 Jul

Supreme Power Equipment Limited Wins Transformer Order Worth Rs 13.60 Cr

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Chennai (Tamil Nadu) [India], July 16: Supreme Power Equipment Limited (NSE – SUPREMEPWR), one of the leading players in the power and distribution transformer manufacturing industry, has secured a new order worth approximately ₹13.60 Cr for the supply of a 112.5 MVA, 330 kV power transformer from a company based in Hyderabad. The order is scheduled to be executed within approximately 11 months, further strengthening the Company’s order book. It also reflects the continued demand for high-capacity transformers as India continues to invest in expanding and modernizing its power transmission infrastructure. Driven by rising electricity demand, rapid industrialization, renewable energy integration, and ongoing grid expansion, India’s power sector continues…

16 Jul

How Visionary CEO Ketan Dave is Steering Mr. Idli Toward an Historic IPO and Global Dominance

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Gandhinagar (Gujarat) [India], July 16: The Indian Quick Service Restaurant (QSR) landscape is witnessing a monumental shift, and at the center of this revolution is Mr. Idli, a brand that has successfully transformed traditional South Indian culinary heritage into a high-growth global powerhouse. As the brand prepares for its highly anticipated Initial Public Offering (IPO), all eyes are on its dynamic CEO, Ketan Dave. With a disruptive business strategy and unmatched international expertise, Dave is aggressively positioning Mr. Idli to become India’s undisputed leader in the South Indian dining segment. A Masterclass in Global Hospitality Behind Mr. Idli’s exponential…

16 Jul

Shyam Rungta of Regain Energies Solutions Pvt. Ltd. On Building India’s Solar PV Recycling Ecosystem

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New Delhi [India], July 13: India’s renewable energy transition is accelerating rapidly, with solar power emerging as one of the country’s most important clean energy sources. Across the country, solar parks, rooftop installations, and manufacturing capacities are expanding at a fast pace. While this growth is essential for reducing dependence on carbon-based energy, it also brings a new responsibility: managing solar photovoltaic modules responsibly at the end of their life. For Shyam Rungta, Director of Regain Energies Solutions Pvt. Ltd., one question sits at the heart of India’s renewable energy transition: What happens to solar panels once they reach the…

16 Jul

Gujarat Inject (Kerala) Limited’s revenue, profit zoom in Q1 of FY2027

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Vadodara (Gujarat) [India], July 16: Gujarat Inject (Kerala) Limited (BSE: 524238) has reported a strong financial performance for the first quarter of FY2026-27, with revenue increasing more than five-fold and net profit rising sharply as the company’s strategic transition into renewable energy gains momentum. The Board of Directors approved the standalone unaudited financial results for the quarter ended June 30, 2026, on Tuesday, while also approving the proposal to rename the company to Regenova Renewtech Limited, reflecting its growing focus on solar and clean energy solutions. Revenue from operations during the April-June 2026 quarter stood at Rs. 12.45 crore, registering…

15 Jul

Ahead of MILT Congress 2026, Global Industry Leaders Reveal the Trends Reshaping MICE and Luxury Travel

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Panaji (Goa) [India], July 15: As the 13th Annual MICE India & Luxury Travel (MILT) Congress prepares to welcome the world’s leading corporate travel buyers, hospitality brands, tourism boards and event professionals to ITC Grand Goa, a Luxury Collection Resort & Spa on 23–24 July 2026, one message is emerging loud and clear—the future of MICE and luxury travel will be defined by experiences, trust and meaningful partnerships rather than transactions alone. With over 150 high-value Indian corporate buyers and 40+ global travel and hospitality brands, the MILT Congress continues to serve as one of the industry’s most influential B2B platforms for…

15 Jul

From Gujarat to Glory: Ajay’s Cafe Wins Two Awards, Emerges as India’s Fastest-Rising Café Brand

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Ahmedabad (Gujarat) [India], July 15: Ajay’s Cafe continues its remarkable growth journey from Gujarat to becoming one of India’s fastest-emerging homegrown café brands. Strengthening this momentum, the brand has now received two prestigious national industry awards, reinforcing its commitment to innovation, quality and customer experience. Celebrating a journey of innovation, accessibility and excellence, Ajay’s Cafe continues to strengthen its position as one of Gujarat’s fastest-growing cafe brands. Key Highlights: Dual Industry Recognition: Winner of the “Most Popular Cafe Chain of the Year” and “Best Quick Service Restaurant Chain – West India 2026.” Brand Milestone: Reinforces Ajay’s Cafe’s position as one…