Business – Page 20 – THE ECONOMIC INDIA

17 Oct

As India’s Top Law Firms Embrace AI, VakilPlus Wants to Bring It to Every Lawyer

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With over 5000 lawyers signed up ahead of launch, VakilPlus is building an AI-powered platform for legal drafting, contract review and redlining, aimed at independent advocates and law firms across India. New Delhi [India], October 17: Artificial intelligence is finding its way into some of India’s biggest law firms. Cyril Amarchand Mangaldas has adopted tools such as Harvey and Lucio, Trilegal has partnered with Lucio, and Shardul Amarchand Mangaldas is among the firms working with Harvey. The market is growing too. According to Grand View Research, India’s legal AI market was valued at approximately $29.5 million in 2024 and is…

17 Oct

Onward Technologies Delivers its Strongest-Ever Quarter; Total Revenue up 22.2% and EBITDA up 33.7% YoY; Raises FY27 Outlook

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Mumbai (Maharashtra) [India], October 17: EBITDA margin expands to 15.6% and PAT up 41.2% YoY; FY27 outlook revised upward to 15–18% revenue growth and 13.8–14.3% EBITDA margin. Onward Technologies Limited (BSE: 517536; NSE: ONWARDTEC), a pure-play digital engineering and ER&D services partner, announced its financial results for the second quarter and half year ended September 30, 2026. The Company delivered its best performance this quarter in Q2 FY27, with total revenue of ₹171.2 crore, reflecting YoY growth of 22.2%. EBITDA stood at ₹26.6 crore, up 33.7% YoY, with an EBITDA margin of 15.6%. The improved performance reflects progress in operational…

17 Oct

Tira Unveils The Beauty Advent Calendar 2026

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A curated line-up of coveted beauty names meets functional design in a limited-edition Luggage created with Mokobara Mumbai (Maharashtra) [India], October 17: For the festive season, Tira presents its new Advent Calendar, housed in a limited-edition Mokobara cabin bag created in the signature Tira peach with accents of red. It’s designed to be unwrapped, treasured and taken along on every journey that follows. Unzip the bag and step into a world of discovery. Inside, 24 surprises are waiting, each one a small celebration of the season and the joy of finding something new. The calendar has been designed with 24…

17 Oct

OSR Group Unveils Shri Shyam Township Near Khatu Shyam Ji, Sikar

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Sikar (Rajasthan) [India], October 16: With Shri Khatu Shyam Ji emerging as one of North India’s prominent pilgrimage destinations, the region is witnessing growing momentum in infrastructure, hospitality and organised real estate development. The increasing movement of devotees and visitors to the region is also creating a wider ecosystem for planned residential and hospitality-led development. Against this backdrop, OSR Group is developing Shri Shyam Township at Jalund–Maganpur, Khatu Shyam Ji, Sikar, Rajasthan — a thoughtfully planned development envisioned to bring together spirituality, modern lifestyle and community living. The township is being planned with a strong focus on organised infrastructure and…

16 Oct

Deakin forges landmark partnerships with CII and LinkedIn to advance India’s future-ready workforce

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New Delhi [India], October 16: As part of its commitment to deepening engagement in India and preparing learners for the future of work, Deakin University has established two landmark strategic partnerships with LinkedIn and the Confederation of Indian Industry (CII). Together, these collaborations strengthen the bridge between academia and industry, equipping learners with future-ready skills, valuable professional networks, and real-world opportunities to thrive in a rapidly evolving workforce. The partnerships reflect Deakin’s continued commitment to working in India, with India and for India, bringing together education, industry expertise and workforce insights to bridge the gap between academic learning and the…

16 Oct

Aspiri Launches ‘Pearls for the Girl Within You’ Campaign with New Collection

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A contemporary expression of the woman she has become and the girl she has always been Surat (Gujarat) [India], October 16: Aspiri, from the House of Hastmilap, introduces its new pearl collection through ‘Pearls for the Girl Within You’ — a collection that reimagines the pearl through a contemporary lens, bringing together elegance, individuality, and a sense of playfulness in designs made for everyday expression. Pearls have long been associated with refinement, softness, and timeless elegance. Aspiri approaches this familiar material from a more modern perspective, exploring how its natural character can translate into designs that feel expressive, effortless, and…

16 Oct

From Inverter Specialist to Solar Solutions Manufacturer: Fujiyama Scales Its Power Electronics Business

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New Delhi [India], October 16: Fujiyama Power Systems Ltd, which began as an inverter and UPS manufacturer nearly three decades ago, is expanding its manufacturing footprint as it builds on its position in India’s power electronics and rooftop solar markets. The company, which sells solar solutions under the UTL Solar and Fujiyama Solar brands, commissioned a 2 GW power electronics plant in Ratlam, Madhya Pradesh, in August 2026. The facility manufactures solar inverters, UPS systems and related products, taking Fujiyama’s total power electronics manufacturing capacity to approximately 4.2 GW. This represents more than seven times the 567 MW capacity recorded…

16 Oct

AHAR Announces Mumbai’s Dining Bills Set to Rise

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President AHAR Vijay K Shetty Mumbai (Maharashtra) [India], October 16: The Indian Hotel and Restaurant Association (AHAR) has announced an impending 10% to 15% increase in restaurant menu prices across its member establishments in Mumbai, citing sustained increases in the cost of preparing and serving food. The revision follows several months during which restaurants absorbed higher expenses to limit the impact on customers. AHAR President Shri Vijay K Shetty said, “For the city’s restaurant sector, the challenge extends beyond the price of any single commodity. Cooking fuel, everyday ingredients, commercial rents, employee wages and transportation have become more expensive. With…

16 Oct

India Must Treat Buildings as Products, Not Projects

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New Delhi [India], October 16: India is in middle of one of the biggest urban shifts any country has seen. A World Bank data shows our towns and cities will hold 600 million people by 2036, about 40% of the country’s population. A CREDAI and Liases Foras report puts India’s total housing demand at 93 million homes by the same year. Our ambitions belong to this century. The way we build does not. Manufacturing has spent decades getting more productive through automation, tight tolerances and integrated supply chains. Construction has not kept pace. A McKinsey report found that construction labour productivity…

16 Oct

Cotecna Group Acquires Energon Labs, Strengthening Global Pharmaceutical Testing Capabilities and Expanding its Presence in India

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Geneva [Switzerland], October 16: Cotecna, a leading provider of Testing, Inspection and Certification (TIC) services, today announced the acquisition of Energon Labs, a cGMP-compliant, USFDA-inspected, ISO 9001:2015 and ISO 17025:2017 certified analytical testing laboratory based in Hyderabad, India. The acquisition strengthens Cotecna’s global Life Sciences platform and expands its pharmaceutical testing capabilities across the Pharmaceutical, Biopharmaceutical, Medical Device, and Packaging sectors. Serving customers across India, the United States, Asia-Pacific, and the Middle East, Energon is recognized for its scientific excellence, regulatory expertise, and commitment to quality. Strategically located in Hyderabad, one of the world’s leading pharmaceutical and biotechnology hubs, Energon…