Business

Mumbai (Maharashtra) [India], November 24: New market indicators point to a structural shift in Mumbai’s housing patterns, with the Western and Central suburbs now driving the bulk of residential demand. Registration data from October shows that 55% of transactions originated in the Western belt and 29% in the Central suburbs, while the traditional island city accounted for a small share of total activity. Key Highlights: Suburbs accounted for 84% of Mumbai’s 11,200 property registrations in October 2025 This year, Palladian Partners supported suburban housing transactions worth more than ₹2,000 crore. Malad project sold ₹200 crore of inventory in two hours…

Manama, [Bahrain], November 24: The Asian Travel Expo 2025 is proud to announce the Bahrain Tourism and Exhibition Authority (BTEA) as the Title Sponsor for its upcoming edition, scheduled from 8th to 10th December 2025 at Exhibition World Bahrain. This prestigious partnership marks a significant milestone in reinforcing Bahrain’s growing influence as a gateway for global travel, hospitality, and tourism investments. As the Title Sponsor, the Bahrain Tourism and Exhibition Authority brings unparalleled expertise in destination development, tourism promotion, and global outreach. Their involvement strengthens the Expo’s mission to connect Asia and the Middle East through meaningful collaborations, strategic alliances,…

Chennai (Tamil Nadu) [India], November 21: AVP Infracon Limited (NSE: AVPINFRA), one of the leading infrastructure development companies with over 15 years of execution excellence, is pleased to announce its Unaudited financials for H1 FY26. Key Consolidated Financial Highlights H1 FY26 Revenue of ₹ 195.73 Cr, YoY growth of 79.21% EBITDA of ₹ 44.74 Cr, YoY growth of 86.85% EBITDA Margin of 22.86%, YoY growth of 93 Bps Net Profit of ₹ 23.22 Cr, YoY growth of 82.02% Net Profit Margin of 11.86%, YoY growth of 18 Bps EPS of ₹ 9.29, YoY growth of 81.80% Order Book Snapshot Order Book: Approx ₹475 Cr (unexecuted value) Bid Pipeline: ₹1500- 2000 Cr worth of projects…

New Delhi [India], November 22: SSMD Agrotech India Limited (“The Company” or “SSMD”), a fast-growing FMCG and agro-food processing company operating under the umbrella brand House of Manohar (HOM), has announced that its Initial Public Offering (IPO) will open on Tuesday, November 25, 2025, and close on Thursday, November 27, 2025. The Equity Shares of the Company are proposed to be listed on the BSE SME Platform. The Company is engaged in the manufacturing, trading, and repacking of a diversified portfolio of agro-food products, including gram flour, chana dal, puffed rice, ramdana, roasted chana, idli rava, rice powder, sattu, and other value-added items. SSMD markets its products…

Pune (Maharashtra) [India], November 22: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a leading provider of turnkey welding, assembly, and robotics-integrated automation systems, today announced the establishment of a new ~1,09,450 sq. ft. manufacturing facility at Sadumbre, Maval, marking a significant milestone in the company’s strategic capacity expansion program. The new facility represents a total planned investment of approximately ₹55 crore and is designed to augment PAL’s production capability for advanced automation systems, including robotic welding lines, assembly platforms, special-purpose machines, and Industry 4.0-enabled automation cells. At full operational scale, the facility is expected to generate employment opportunities for ~200 skilled and semi-skilled professionals, further strengthening…

Childhood friends Mrunal Bhatt and Ajay Shukla built IntelligentDX, a fast-growing HealthTech company transforming medical billing and workflows with AI-driven innovation. New Delhi [India], November 22: Mrunal Bhatt and Ajay Shukla bonded the way childhood friends often do: through shared curiosity, neighborhood adventures, and a sense that the world was bigger than anything adults were willing to admit. Neither could have predicted that decades later, their friendship would become the backbone of one of the fastest-growing HealthTech companies in the United States. But some stories begin earlier than we realize. And this one began with a dream the boys talked about endlessly when…

Shri Bharat Bhanji Khimji – Founder BDKhimji Group of Companies Hubli (Karnataka) [India], November 21: A new chapter begins in India’s manufacturing story as BDK Process Equipments Pvt. Ltd. takes the legacy forward with Khimji Flow Equipments Pvt. Ltd. (KFEL), a company that celebrates the vision and legacy of Shri Bharat Bhanji Khimji (BBK), the pioneer who built India’s valve industry from the ground up. When India once relied on imported industrial valves, BBK founded BDK (Bhanji D Khimji) Group in 1975 in Hubli, Karnataka, transforming the city into the Valve Capital of India. His belief that “business is a mission…

Jaipur (Rajasthan) [India], November 22: In a significant move aimed at boosting industrial investment, the Rajasthan government and the Rajasthan State Industrial Development and Investment Corporation (RIICO) have unveiled a progressive land policy designed to make industrial land more affordable and investor-friendly. High industrial land costs have long been a barrier in Rajasthan. Frequent hikes in reserve rates discouraged new investors and made it difficult for existing industries to expand in key industrial belts. Recognizing this challenge, RIICO has now decided to freeze land rate increases and introduce graded discounts on existing reserve rates: •    Up to 3,000 sq. m.:…

Chennai (Tamil Nadu) [India], November 21: Sathlokhar Synergys E&C Global Limited (NSE: SSEGL), a leading Chennai based EPC player engaged in integrated infrastructure solutions, announced the receipt of three new civil construction orders from reputed corporates across India. The company has secured an order from M/s. Reliance Consumer Products Limited, a subsidiary of Reliance Industries Limited and the producer of CAMPA COLA beverages. The project involves Civil Works Execution at Brahmanapalli Village, Kurnool District, Andhra Pradesh, with a total estimated value of ₹26.56 Cr (including GST). This project is also targeted for completion before April 2026. In addition, Sathlokhar Synergys E&C Global Limited has…

Chennai (Tamil Nadu) [India], November 20:  Krishca Strapping Solutions Limited, a leading manufacturer of strapping tools, steel strappings, and primary industrial packaging materials, today announced its unaudited financial results for the first half of FY26, delivering strong growth across key performance indicators. Standalone Key Financial Highlights Particulars (₹ In Lakhs) H1 FY26 H1 FY25 YoY Change Total Income 9,277.67 6,384.06 45.33% EBITDA 1,508.93 955.51 57.92% EBITDA Margin 16.26% 14.97% 129.70 BPS PAT 618.02 544.46 13.51% PAT Margin 6.66% 8.53% (186.71 BPS) The company continued to strengthen operational efficiencies, delivering significant improvements in profitability and cost management during the period. 1. …