Business – Page 67 – THE ECONOMIC INDIA

06 Dec

Patel Retail Limited Posts Strong Q2 FY26 Performance with 15% Revenue Growth, 31% EBITDA Growth, & an Impressive 73% PAT Surge.

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Mumbai (Maharashtra) [India], December 5: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, announced its Unaudited Financial Results for Q2 & H1 FY26. Key Financial Highlights Q2 FY26 Total Income of ₹ 225.43 Cr, YoY growth of 14.97% EBITDA of ₹ 19.55 Cr, YoY growth of 31.37% EBITDA Margin of 8.67%, YoY growth of 108 Bps PAT of ₹ 10.14 Cr, YoY growth of 73.20% PAT Margin of 4.50%, YoY growth of 151 Bps EPS of ₹ 3.59, YoY growth of 49.58% H1 FY26 Total Income of ₹ 408.63 Cr, YoY growth of 8.97% EBITDA of ₹ 35.43 Cr, YoY…

06 Dec

Shipwaves Online Ltd Announces INR 56.35 Cr SME IPO; To Open on December 10th 2025

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Mangalore (Karnataka) [India], December 6: Shipwaves Online Limited, a Mangalore-based digital freight forwarding and logistics-tech company, has announced the launch of its ₹56.35 crore Initial Public Offering (IPO) on the BSE SME platform, opening on December 10, 2025, and closing on December 12, 2025. The company will issue 4.69 crore equity shares of face value ₹1/- each at a fixed price of ₹12 per share, representing a 33.19% dilution post-issue. Unified Logistics & SaaS Solutions Company Founded in 2015, Shipwaves operates as a multimodal logistics platform providing ocean, air, and road freight solutions alongside a suite of enterprise SaaS tools…

05 Dec

Rx Infotech Unveils Its New Logo, Marking a Bold Step in Its Brand Evolution

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Rx Infotech unveils its new logo, symbolising the company’s evolution into a modern, innovation-led technology brand. New Delhi [India], December 5: Rx Infotech, a leading name in the sector of technology and innovation, proudly announces the launch of its new logo – a notable symbol that represents the company’s evolution, growth, and future vision. This new identity marks a major milestone in Rx Infotech’s journey, reflecting its transformation into a forward-thinking and innovation-driven brand that continues to empower users and businesses through advanced technology solutions. “We’ve unveiled our new logo, which represents more than just a visual change, it’s a reflection of who…

05 Dec

Royal Enfield opens the second edition of ‘Journeying Across The Himalayas’ with a vernissage evening in New Delhi

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New Delhi [India], December 5: Royal Enfield Social Mission opened the second edition of Journeying Across The Himalayas, its annual multidisciplinary festival aimed to celebrate and safeguard the cultural and natural heritage of Royal Enfield’s spiritual home—the Himalayas. The opening evening, held on December 4 at Travancore Palace, brought together artists, mountain communities, partners and audiences in a shared space of storytelling, expression and celebration. Anchored in this year’s curatorial theme, Ours To Tell, the festival was inaugurated with opening remarks and a special address, followed by the launch of The Great Himalayan Exploration – The Intangible Cultural Heritage of the Eastern Himalayas (a…

05 Dec

Avdhesh Industries Enhances Precision Die and Pattern Manufacturing in Ahmedabad With Digital Engineering and Export-Ready Quality

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Ahmedabad (Gujarat) [India], December 5: Avdhesh Industries, a long-established engineering company with more than 30 years of experience in die making, pattern development, precision machining, and reverse engineering, has announced significant advancements in its manufacturing ecosystem to support modern OEM requirements across India. Driven by a commitment to technology adoption and high-accuracy machining, the company now offers an integrated approach to tooling — combining digital engineering, CNC/VMC production, and advanced inspection methods under one workflow. At the core of Avdhesh Industries’ manufacturing system is its expertise in metal and aluminum pattern engineering, including split patterns, match plates, core boxes, cope and…

05 Dec

PURE Eggs: Leading the Way in Gujarat’s Eggs Industry

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PURE Eggs has established itself as a trailblazer in Gujarat’s eggs market by being the Pioneer in Branded Eggs. In a region where unbranded, loose eggs were once the norm, PURE Eggs introduced a trusted brand that consumers could rely on for safety, freshness, and nutrition. The Quality Dilemma in the Market While several companies have entered the Gujarat eggs market, many focus on huge margins at the cost of quality. These businesses often prioritize profits over customer well-being, leading to: Compromised egg quality Inconsistency Safety concerns This gap created an opportunity for PURE Eggs to differentiate itself by putting…

05 Dec

Om Sweets and Snacks Unveils an Innovative Cranberry-Inspired Menu: A Wholesome Fusion of Tradition and Modern Taste

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New Delhi [India], December 5: Om Sweets & Snacks, one of North India’s most trusted and iconic culinary brands, has unveiled an exciting new range of cranberry-infused creations, blending classic Indian flavours with the wholesome goodness of U.S. cranberries. Known for its commitment to quality and innovation, Om Sweets continues to evolve with modern consumer preferences while staying true to its culinary heritage. With 20 large-format retail outlets across Gurugram, Faridabad, New Delhi, Sohna, and Palwal, and a strong nationwide presence through major online ordering platforms, e-commerce, quick commerce, and modern trade channels, Om Sweets ensures that its new premium…

05 Dec

Saturo Academy Joins Hands with DevFest Pune 2025 as Academic Partner to Upskill IT Professionals

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Pune (Maharashtra) [India], December 5: Saturo Academy, the training and upskilling arm of Saturo Technologies, proudly participated as an Academic Partner at DevFest Pune 2025 — India’s largest community-driven tech conference hosted by GDG Pune. The event was held on Sunday, November 30, 2025 at JW Marriott, Pune. devfest.gdgpune.in+1 DevFest Pune, now in its 12ᵗʰ edition, gathered 1000+ participants, 35+ expert speakers and hosted over 25 sessions covering cutting-edge topics such as AI, Cloud, Mobile, Web, Cybersecurity and more. devfest.gdgpune.in+1 Saturo Academy’s involvement underscored its commitment to bridging the skill-gap in the IT industry by enabling students, developers and professionals to stay…

05 Dec

Global Architect Builder Awards Malaysia 2025: Asia’s Best Firms and Innovators Recognised in Klang, Malaysia

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New Delhi [India], December 5: The Global Architect Builder Awards (GABA) Malaysia Edition concluded successfully on 30th November 2025 at Hotel Wyndham Acmar Klang, marking a remarkable evening dedicated to honouring excellence in architecture, construction, and real-estate innovation. The event brought together leading architects, visionary builders, developers, consultants, and industry pioneers from across Malaysia and Asia, creating an inspiring platform for recognition and collaboration. The ceremony celebrated outstanding achievements in design, sustainability, engineering innovation, and transformative real-estate projects that are shaping the skylines of the future. Distinguished dignitaries, including our esteemed Guest of Honour, Dato’ Dr. Gopal Krishnan, Executive Chairman of…

04 Dec

Life-Saving German Technology on Indian Highways: How One TTMA Prevented a Multi-Casualty Disaster on NH-53

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Pithora (Chhattisgarh) [India], December 4: Ravi Kumar along with 39 other labours was doing what highway maintenance workers do every morning—preparing to trim overgrown grass along the National Highway 53 divider. He was reaching for his trimmer when the white sedan crossed into his lane at 110 km/h. The driver was asleep. Kumar, focused on his work, had three seconds left. Then physics intervened. What Stood Between Life and Death At exactly 9:28 AM, a Trailer Truck Mounted Attenuator (TTMA)—engineered by Germany’s Nordic Traffic Safety under Managing Director Mr. Andreas Lau and assembled in Bhilai, Chhattisgarh—absorbed an impact that should have killed…