Business – Page 25 – THE ECONOMIC INDIA

26 Aug

SEPC Receives In-Principle Approval to Enter UAE Petroleum Trading with 100% Acquisition of Wintality Petroleum FZE

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Chennai (Tamil Nadu) [India], August 26: SEPC Limited (NSE: SEPC | BSE: 532945), a leading EPC company with established expertise in industrial infrastructure, process plants, water and wastewater management, today announced that its Board has approved a restructuring of the equity and capitalisation reserves of its wholly owned UAE subsidiary, SEPC FZE, Sharjah — enabling the acquisition of a UAE petroleum trading business entirely through non-cash consideration. The existing share capital of SEPC FZE, comprising one share of AED 150,000, will be subdivided into 1,500 shares of AED 100 each. A further 38,500 shares of AED 100 each will be issued out of…

26 Aug

From Solar Waste to Resource Security: Regain Energies’ Role in Building India’s Solar PV Recycling Ecosystem

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New Delhi [India], August 26: India’s clean energy transition has entered a defining phase. Solar power is no longer a future opportunity; it is already one of the strongest pillars of the country’s renewable energy growth. With India’s installed solar capacity crossing 164 GW in 2026, the country is rapidly building one of the world’s largest solar energy ecosystems. But alongside this growth, an equally important question is emerging: what happens to solar panels when they are damaged, rejected, replaced, or reach the end of their life? This is where solar PV recycling is becoming a national priority. Regain Energies…

26 Aug

Madhur Knit Crafts Limited’s IPO Opens from August 24, 2026 to August 27, 2026; Issue Price Band Fixed at Rs. 95 to Rs. 100 Per Equity Share

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Fresh issue of 53.28 lakh equity shares to support working capital requirements, debt repayment and capital expenditure for solar panels Ludhiana (Punjab) [India], August 21: Madhur Knit Crafts Limited (“Company”), engaged in the business of manufacturing fabrics, blankets, winter textiles, garments and other textile products, announced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Monday, August 24, 2026 and will close on Thursday, August 27, 2026. The Company is proposed to be listed on the NSE Emerge platform. The Issue Price Band has been fixed at Rs. 95 to Rs. 100 per equity…

26 Aug

SoftTech Engineers Limited Powers India’s First E-TDR Platform Launched by Government of Maharashtra & BMC

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Mumbai (Maharashtra) [India], August 25: SoftTech Engineers Limited, a leading provider of technology-driven solutions for infrastructure and construction management, has been appointed as the technology partner for the launch of India’s first unified digital platform for Transfer of Development Rights (TDR) transactions, E-TDR. This pioneering initiative, introduced by the Brihanmumbai Municipal Corporation (BMC) under the guidance of the Urban Development Department (UDD), Government of Maharashtra, is set to transform the way TDR transactions are conducted across Maharashtra. The E-TDR platform is designed to serve over 18,000 registered developers and TDR owners within the BMC ecosystem, offering a seamless, transparent, and secure…

26 Aug

Park Medi World Limited wins PPP mandate to develop a 550-bed Hospital in Prayagraj, Uttar Pradesh

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New Delhi [India], August 26: Park Medi World Limited (NSE: PARKHOSPS; BSE: 544645): Park Medi World Limited is pleased to announce that it has been awarded a mandate under the Public–Private Partnership (PPP) model by Prayagraj Municipal Corporation, Uttar Pradesh to develop and operate a 550-bed multi-super speciality hospital in Prayagraj, Uttar Pradesh. Under the concession, Park Group will construct the facility over a two-year period from the appointed date and operate it under a long-term lease of 45 years, marking a significant step in the Group’s expansion across Uttar Pradesh. The Project The hospital will be developed on a…

26 Aug

Hire4Event Emerges as a Market Leader in Artist Booking and Live Entertainment in India

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New Delhi [India], August 26: Hire4Event, one of India’s rapidly expanding event entertainment and artist booking platforms, is strengthening its position as a market leader in the artist booking and live stage performer entertainment industry. With a growing network of more than 18,000 listed artists, the company is bringing together Bollywood celebrities, playback singers, live performers, stand-up comedians, motivational speakers, DJs, bands, dance groups and unique entertainment acts for corporate events, conferences, exhibitions, weddings, brand launches, dealer meets and large-scale celebrations across India. The Indian live entertainment industry has witnessed significant growth as companies, brands and event organisers increasingly look for memorable…

25 Aug

As Family Offices in India Projected to Head Towards 1,000 by 2030, Alpha Capital Urges a Structure-First Approach to Generational Wealth

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With Indian family offices projected to grow from around 300 today to more than 1,000 by 2030, SEBI-registered multi-family office Alpha Capital warns that many families are building the wrong structures for the largest wealth transfer in the country’s history. Mumbai (Maharashtra) [India], August 25: Family offices in India are entering their most consequential decade. The number of structured family offices has grown almost seven-fold, from roughly 45 in 2018 to close to 300 by 2024, and is projected to cross 1,000 before 2030. Against this backdrop, Alpha Capital, a SEBI-registered multi-family office, is calling on India’s wealthy families to…

25 Aug

Kingston Technology Powers Innvolution Healthcare with Reliable Memory and Storage Solutions

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Behind every dependable medical system is a foundation of consistent memory, reliable storage, and trusted engineering support. New Delhi [India], August 25: India’s healthcare technology landscape is undergoing a quiet but profound transformation. As hospitals, diagnostic centers, and medical device innovators increasingly rely on digital intelligence, the systems that support patient care are becoming more connected, more data-driven, and more dependent on uninterrupted performance. Innvolution Healthcare Private Limited is part of this transformation. As a medical technology organization focused on advanced diagnostic and therapeutic solutions, the company is building imaging systems and healthcare equipment designed to support dependable healthcare delivery…

25 Aug

Best Crypto Presale in 2026: AlphaPepe Utility Narrative Solidifies Its Lead Over Pepeto and Apeing

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The best crypto presale in 2026 race is getting more competitive, but retail buyers are increasingly looking beyond branding and promises. The projects standing out now are the ones showing what they can actually deliver before their tokens reach exchanges, and that is where AlphaPepe is beginning to separate itself from names such as Pepeto and Apeing. AlphaPepe has now raised $2.5 million from more than 11,100 holders, Stage 20 is live at $0.02789, and AlphaSwap Early Access is already available on Ethereum and BNB Chain. Tomorrow, August 26, the project will reveal exactly when the presale closes and when…

25 Aug

LANXESS increases sales and earnings in the second quarter of 2026

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Sales of EUR 1.561 billion, up 6.5 percent from the same quarter last year Mumbai (Maharashtra) [India], August 25: The specialty chemicals company LANXESS improved sales and earnings in the second quarter of 2026 compared with the prior year—despite a continued weak economic environment and ongoing geopolitical uncertainties. The Group generated sales of EUR 1.561 billion, representing a 6.5 percent increase on theprior-year figure of EUR 1.466 billion. EBITDA pre exceptionals came in at EUR 152 million, up 1.3 percent from the EUR 150 million reported in the same quarter last year. The EBITDA margin pre exceptionals for the second quarter…