Business

LEXI Receives In-Principle Approval from IFSCA to Operate as Payment Service Provider at GIFT-IFSC
24 Jun

LEXI Receives In-Principle Approval from IFSCA to Operate as Payment Service Provider at GIFT-IFSC

Business
The approval advances LEXI’s mission to build intelligent trade and payments infrastructure for India’s exporters New Delhi [India], June 24: Lexi Money IFSC Private Limited (LEXI) has received in-principle approval from the International Financial Services Centres Authority (IFSCA) to operate as a Payment Service Provider (PSP) at GIFT-IFSC, Gandhinagar. The approval positions LEXI among a select group of fintechs licensed to provide cross-border payment services from within India’s designated international financial hub. The context: India’s $2 trillion export ambition India’s combined merchandise and services exports are estimated at $860 billion in FY2025-26, according to the Ministry of Commerce and Industry.…
Read More
The Next Evolution of Compliance: KDK Software and BomanIrani Champion an AI-Powered Future
24 Jun

The Next Evolution of Compliance: KDK Software and BomanIrani Champion an AI-Powered Future

Business
AI, cloud and connected platforms are turning compliance into a driver of business intelligence and growth in India Jaipur (Rajasthan) [India], June 24: Every few years, India’s compliance landscape undergoes a defining transformation. The introduction of GST, the rise of digital payments, e-invoicing, and increasing real-time reporting requirements have each reshaped how businesses and professionals operate. The next transformation is already taking shape: the evolution of compliance from a transactional function into an intelligent, connected business capability. For decades, compliance has been treated as a back-office necessity—complex, time-consuming, and often fragmented across multiple systems, teams, and processes. But in an increasingly…
Read More
Greenpanel Industries Collaborates with Traqo to Strengthen Multi-Plant Logistics Operations
24 Jun

Greenpanel Industries Collaborates with Traqo to Strengthen Multi-Plant Logistics Operations

Business
New Delhi [India], June 24: Greenpanel Industries Limited, one of India’s leading wood panel manufacturers, has strengthened its supply chain operations through a successful long-term collaboration with Traqo. By implementing Traqo’s SIM-based real-time tracking and automation platform, Greenpanel has achieved seamless visibility and efficiency across its multi-plant logistics network. The partnership, spanning more than four years at one facility and over one year at the second, now monitors thousands of trips every month with complete real-time oversight. “Managing inbound and outbound movements across two large manufacturing plants with thousands of monthly trips was becoming increasingly complex. Traqo’s SIM-based real-time tracking…
Read More
How Officebing Is Positioning Itself as a Workspace Partner for India’s Growing GCC Ecosystem
24 Jun

How Officebing Is Positioning Itself as a Workspace Partner for India’s Growing GCC Ecosystem

Business
Navi Mumbai (Maharashtra) [India], June 24: India’s Global Capability Centre (GCC) story has entered a new phase. What began as a cost-arbitrage strategy has evolved into something far more significant. Today, global companies are building centres in India to drive engineering, technology, product development, finance, analytics, cybersecurity, and business operations at scale. As GCCs take on increasingly strategic responsibilities, expectations around infrastructure have changed as well. The conversation is no longer limited to finding office space. Organisations are looking for workspaces that can be operational from day one, scale with hiring plans, meet security requirements, and support employee experience without…
Read More
Shyam Dhani Industries Limited Unveils 4-Pronged Growth Strategy; Aims to Achieve ₹300 Cr Turnover Over the Next Three Years
24 Jun

Shyam Dhani Industries Limited Unveils 4-Pronged Growth Strategy; Aims to Achieve ₹300 Cr Turnover Over the Next Three Years

Business
Jaipur (Rajasthan) [India], June 24: Shyam Dhani Industries Limited (NSE – SHYAMDHANI), one of Rajasthan’s largest and most recognized spice brands, specializing in premium-quality IPM and ETO-free spices, has announced an ambitious growth roadmap to achieve a business turnover of ₹300 Cr over the next three years. The Company, known for its ‘Shyam’ brand offering 163+ varieties of spices across General Trade, Modern Trade, Quick Commerce, Export, Private Label, and HoReCa segments, is targeting an annual growth rate of 25–30%, building on FY26 turnover of ₹146.22 Cr, representing a growth of 17%. Key Highlights FY26 turnover: ₹146.22 Cr, registering 17% year-on-year growth  Target turnover: ₹300…
Read More
AI Could Power 70% of Mumbai Home Searches by 2030; Broker Productivity May Double, Reports Palladian Partners Advisory Ltd.
24 Jun

AI Could Power 70% of Mumbai Home Searches by 2030; Broker Productivity May Double, Reports Palladian Partners Advisory Ltd.

Business
Mumbai (Maharashtra) [India], June 24: Artificial Intelligence is expected to become one of the biggest drivers of change in Mumbai’s real estate sector over the next five years, according to a new market intelligence report released by Palladian Partners Advisory Limited. Titled “AI & Mumbai Real Estate 2030: Intelligence Becomes the New Location,” the report outlines how AI is set to reshape research, pricing, marketing, sales and land acquisition across the Mumbai Metropolitan Region. Key Highlights 60–70% of Mumbai home searches could begin through AI interfaces by 2030. Broker productivity is expected to improve by 2–3 times. Sales productivity could rise by 35–40%. Campaign…
Read More
Yuthika Expands Presence Across Hair Color, Skincare and Personal Care Categories
24 Jun

Yuthika Expands Presence Across Hair Color, Skincare and Personal Care Categories

Business
Yuthika; Expanding its presence across hair color, skincare & personal care category Mumbai (Maharashtra) [India], June 24: Yuthika is expanding its presence across the hair color, skincare, and personal care categories amid growing demand for herbal and ingredient-conscious beauty products. Strengthening its skincare range, Yuthika offers the Yuthika Naturals Face Wash Range and Nisha Naturals Bright Glow Aloe Vera Gel.  The global beauty and personal care industry is witnessing a significant transformation as consumers increasingly gravitate toward ingredient-conscious and wellness-focused products. Among the fastest-growing categories are herbal hair color, skincare, and personal care products, driven by evolving consumer preferences and growing awareness of…
Read More
Mayank Cattle Food Ltd. Board to Consider Bonus Share Issue
24 Jun

Mayank Cattle Food Ltd. Board to Consider Bonus Share Issue

Business
New Delhi [India], June 24: Mayank Cattle Food Ltd., one of the emerging players in the animal nutrition and cattle feed industry, has announced that its Board of Directors will meet on July 7, 2026, to consider and approve a proposal for the issuance of bonus shares, subject to requisite approvals and compliance with applicable regulatory requirements. The company informed the Bombay Stock Exchange that the proposed bonus issue will be considered at the upcoming board meeting scheduled on Tuesday, July 7, 2026. The announcement reflects the company’s confidence in its growth trajectory and its commitment to enhancing shareholder value. In accordance with…
Read More
Why Elder Care In India Is Becoming A Trust Business – Prashanth Reddy, Founder & MD, Anvayaa Kin Care
24 Jun

Why Elder Care In India Is Becoming A Trust Business – Prashanth Reddy, Founder & MD, Anvayaa Kin Care

Business
Prashanth Reddy, Founder & MD, Anvayaa Kin Care Hyderabad (Telangana) [India], June 24: For decades, the joint family was India’s invisible elder care infrastructure. It worked because geography, economics and social expectations were aligned. Parents, children and grandchildren were often close enough for care to happen naturally. A missed medicine, a hospital visit, a fall or sudden health concern could be noticed within the household. That alignment is now breaking down. Urbanisation has dispersed families across cities and continents. A child in Bengaluru or Boston may care deeply for a parent in Hyderabad, but cannot physically check on them on…
Read More
LANXESS Confirms Guidance Despite Subdued Start to the Year
24 Jun

LANXESS Confirms Guidance Despite Subdued Start to the Year

Business
Sales of EUR 1.378 billion, down 13.9 percent from the same quarter last year Mumbai (Maharashtra) [India], June 24: A persistently weak economic environment, ongoing geopolitical uncertainties, and prior year’s portfolio divestments characterized the first quarter of the 2026 financial year for specialty chemicals company LANXESS. Sales amounted to EUR 1.378 billion, which was 13.9 percent below the sales of EUR 1.601 billion in the same quarter of the previous year. EBITDA pre exceptionals reached EUR 94 million, down 29.3 percent from the EUR 133 million recorded in the same quarter of the previous year. The EBITDA margin pre exceptionals…
Read More