Business

Functional & Innovative Foods Limited Filed DRHP With SEBI
03 Jul

Functional & Innovative Foods Limited Filed DRHP With SEBI

Business
Mumbai (Maharashtra) [India], July 3: Functional & Innovative Foods Limited, an integrated food contract manufacturing company offering a diversified product portfolio, has filed its Draft Red Herring Prospectus with SEBI in preparation for its Initial Public Offering (IPO).  The IPO will comprise up to 8,500,000 equity shares with a face value of ₹10 each, consisting of a Fresh Issue of up to 6,000,000 Equity Shares and an Offer for Sale of up to 2,500,000 Equity Shares.  The company’s objective is to Funding capital expenditure for the setting up of Unit-V at Namakkal, Tamil Nadu, Funding capital expenditure for the setting up…
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Adani and IHC Join Hands for $11.5 Billion Aluminium Project in Odisha
03 Jul

Adani and IHC Join Hands for $11.5 Billion Aluminium Project in Odisha

Business
New Delhi [India], July 3: India’s aspirations to emerge as a global manufacturing hub are growing beyond electronics and semiconductors to sectors that are the lifeblood of industrialisation. The demand for metals, especially aluminium, is predicted to be a key factor as sectors like renewables, electric mobility, construction, railways, and power transmission continue to grow. In this context, companies are investing substantial funds in developing domestic production capacity and reducing dependence on imported value-added products. The biggest bet in this area has been by Adani Enterprises and Abu Dhabi-based International Holding Company (IHC), which have partnered through International Resources Holding…
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StarlinePS Enterprises Ltd. Invests ₹160 Crore in Celloraa Energy to Establish a 1.2 GW State-of-the-Art Solar Cell Manufacturing Facility in India
03 Jul

StarlinePS Enterprises Ltd. Invests ₹160 Crore in Celloraa Energy to Establish a 1.2 GW State-of-the-Art Solar Cell Manufacturing Facility in India

Business
Surat (Gujarat) [India], July 3: In a significant development for India’s renewable energy manufacturing sector, StarlinePS Enterprises Ltd. has announced a strategic investment of ₹160 Crore in Celloraa Energy Pvt. Ltd. to establish a state-of-the-art 1.2 GW State-of-the-Art, Domestic Content Requirement (DCR) compliant solar cell manufacturing facility in Surat, Gujarat. “Shwet Koradiya, StarlinePS Eneterprise Ltd. Director: Our investment in Celloraa Energy reflects our strong confidence in India’s rapidly growing renewable energy manufacturing sector and Celloraa’s long-term vision. This partnership represents our commitment to fostering technological innovation, domestic manufacturing excellence, and contributing meaningfully to India’s clean energy transition.” The strategic investment…
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Interior Company by Square Yards Redefines the Post-Possession Journey with Tech-driven Interior Solutions
02 Jul

Interior Company by Square Yards Redefines the Post-Possession Journey with Tech-driven Interior Solutions

Business
New Delhi [India], July 02: Interior Company by Square Yards is reshaping the way homeowners experience interiors after property possession, offering a seamless, technology-enabled, and fully managed approach to home interior design in India. As demand for ready-to-move-in homes continues to grow across urban India, the brand is addressing one of the most critical gaps in the housing journey: structured, transparent, and execution-led interior delivery. Traditionally, homeowners face fragmented coordination among designers, contractors, carpenters, and multiple vendors after taking possession of their property. Interior Company simplifies this complexity through a single-window execution model that integrates design, technology, material selection, project…
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QBE Insurance Group Limited Becomes Sole Owner and Shareholder of Raheja QBE General Insurance Company Limited
02 Jul

QBE Insurance Group Limited Becomes Sole Owner and Shareholder of Raheja QBE General Insurance Company Limited

Business
Mumbai (Maharashtra) [India], July 2: QBE Insurance Group Limited, an international general insurer and reinsurer, has acquired 100% ownership of Raheja QBE General Insurance Company Limited (Raheja QBE), following approval from the Insurance Regulatory and Development Authority of India (IRDAI). Australian-headquartered global insurer acquires remaining stake in Indian carrier. The move is a significant milestone in QBE’s strategic expansion in India and contributes to QBE’s regional growth plans. The consolidation will enable new opportunities for innovation, global best practices, new products, and technology — with the goal of improving and creating customer-centric solutions across the Indian insurance landscape. The acquisition…
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LANXESS To Start Local Production of Fire-Resistant Hydraulic Fluids in India
02 Jul

LANXESS To Start Local Production of Fire-Resistant Hydraulic Fluids in India

Business
Announcement follows the recent inauguration of the manufacturing plant in Jhagadia Mumbai (Maharashtra) [India], July 2: LANXESS, a leading global specialty chemicals company, will start local production of fire-resistant hydraulic fluids (FRHF) at its Jhagadia site in India, reinforcing the country’s role as a key pillar within its global growth strategy. Leveraging its global scale, technology leadership and established presence in the region, serving India, the Middle East and international markets, this step reflects LANXESS’ long-term commitment to the region and its consistent focus on a “local-for-local” approach aligned with the “Make in India” initiative. Strengthening Local Production With the…
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Bright Outdoor Media Limited Expands Its Dominance in the Mira–Bhayandar Growth Corridor with Another Landmark Hoarding at Western Express Highway
02 Jul

Bright Outdoor Media Limited Expands Its Dominance in the Mira–Bhayandar Growth Corridor with Another Landmark Hoarding at Western Express Highway

Business
Mumbai (Maharashtra) [India], July 02:  Bright Outdoor Media Limited, (BSE – 543831), A prominent player in India’s out-of-home (OOH) advertising space, Bright Outdoor Media Limited is proud to announce the addition of yet another premium advertising asset at the rapidly emerging Mira–Bhayandar corridor, further strengthening its presence in one of the most strategically important transit destinations in the Mumbai Metropolitan Region. The newly commissioned hoarding measures 30 ft. × 30 ft. on both the Front and Back faces, creating a total of 1,800 sq. ft. of high-impact advertising inventory designed to deliver unmatched visibility and brand recall. This launch comes just a month after the successful unveiling of two landmark…
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The Rise of Digital Lending: How Technology Is Transforming Personal Loans in India
02 Jul

The Rise of Digital Lending: How Technology Is Transforming Personal Loans in India

Business
New Delhi [India], July 2: Digital transformation has reshaped nearly every aspect of modern life, and the financial sector is no exception. Over the past few years, digital lending in India has evolved rapidly, making credit more accessible, efficient, and customer-friendly. Today, borrowers can apply for personal loans online, complete documentation digitally, receive approval within minutes, and access funds without visiting a branch. Digital lending in India has simplified the loan application and approval process. Borrowers can apply for digital personal loans from anywhere using smartphones or computers. Paperless documentation and digital verification reduce processing time significantly. Technologies such as…
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AI Meets Aspiration: Hindustan Campus Launches One of North India’s Elite AI Experience Centers
02 Jul

AI Meets Aspiration: Hindustan Campus Launches One of North India’s Elite AI Experience Centers

Business
Mathura (Uttar Pradesh) [India], July 1: Conceived by Garav A. Sonbhadra, the AI Experience Center at Hindustan Campus, Mathura, aims to redefine how students perceive their future by combining artificial intelligence with career inspiration. Developed around the philosophy “Passion Hai To Possible Hai,” the initiative enables students to create AI-powered digital avatars that showcase what they could become through dedication, continuous learning, and perseverance. The AI Experience Center, among the first of its kind in North India, was inaugurated under the leadership of Prof. (Dr.) R.S. Pavithr, Director, Hindustan College of Science & Technology, was established under the vision, guidance,…
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VMS TMT Limited Approves Amalgamation with Aditya Ultra Steel Limited
01 Jul

VMS TMT Limited Approves Amalgamation with Aditya Ultra Steel Limited

Business
Ahmedabad (Gujarat) [India], July 1: VMS TMT Limited, one of Gujarat’s leading manufacturers of Thermo-Mechanically Treated (TMT) steel bars, today announced that its Board of Directors has approved the Scheme of Amalgamation for the merger of Aditya Ultra Steel Limited (“AUSL”) into VMS TMT Limited, subject to the receipt of necessary statutory and regulatory approvals. The proposed amalgamation represents a transformational milestone in VMS TMT’s growth journey and is aimed at creating a larger, stronger, and more integrated steel manufacturing enterprise with enhanced manufacturing capabilities, broader market reach, improved operational efficiencies, and greater financial strength. Strategic Rationale VMS TMT and…
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