Business

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

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

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

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

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…
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Mayank Cattle Food Ltd. Board to Consider Bonus Share Issue

Mayank Cattle Food Ltd. Board to Consider Bonus Share Issue

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

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

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…
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LANXESS Confirms Guidance Despite Subdued Start to the Year

LANXESS Confirms Guidance Despite Subdued Start to the Year

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…
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Dhruvin Shah, Founder and CEO of JOJO App, Redefines Regional OTT with Strategic Innovation and Cultural Pride

Dhruvin Shah, Founder and CEO of JOJO App, Redefines Regional OTT with Strategic Innovation and Cultural Pride

Dhruvin Shah, Founder & CEO, JOJO app Ahmedabad (Gujarat) [India], June 24: Under the leadership of its visionary Founder and CEO, Mr. Dhruvin Shah, the dynamic digital streaming platform JOJO App has successfully transformed the regional entertainment industry. Since storming onto the scene, the Ahmedabad-headquartered company has quickly bridged the gap between high-quality storytelling and regional representation, establishing itself as the world’s premier digital destination for global Gujarati-speaking audiences. Driven by entrepreneurial instinct rather than typical corporate formulas, Dhruvin Shah has led parent company MCOM18 into a highly successful era of digital transformation. Rather than trying to mix multiple languages…
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MedLinks Introduces Elyara Hair Filler to Meet Growing Demand for Science-Backed, Non-Surgical Hair Loss Treatments

MedLinks Introduces Elyara Hair Filler to Meet Growing Demand for Science-Backed, Non-Surgical Hair Loss Treatments

New Delhi [India], June 24: MedLinks, one of India’s leading centres for hair and skin sciences, has introduced Elyara Hair Filler, a peptide-based injectable treatment, as part of its expanding portfolio of non-surgical hair restoration solutions. The addition comes amid growing demand from patients seeking science-backed, minimally invasive approaches to managing hair thinning and hair loss before considering surgical intervention. The introduction reflects a broader shift in the hair restoration landscape. Hair loss remains one of the most common concerns among both men and women globally. Research suggests that nearly 50% of men experience male-pattern hair loss by age 50, while…
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Empower India Limited Expands into Digital Solar Solutions to Capture India’s Fast-Growing Renewable Energy Market

Empower India Limited Expands into Digital Solar Solutions to Capture India’s Fast-Growing Renewable Energy Market

Strategic Move Aims to Unlock Renewable Energy Access for Millions of Consumers in India’s Rapidly Expanding 150+ GW Solar Ecosystem Mumbai (Maharashtra) [India], June 23: As India accelerates toward a renewable energy future backed by an estimated US$200 billion+ investment opportunity, over 150 GW of installed solar capacity, and a government target of 1 crore solar-powered households, Empower India Limited (NSE: EMPOWER, BSE: 504351) has announced its strategic expansion into next-generation Digital Solar solutions. This initiative aims to democratize access to renewable energy while supporting India’s growing energy needs, strengthening long-term energy security, and accelerating the country’s transition toward a…
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Iris Clothings Enters Quick Commerce with One of India’s Dominant Quick Commerce Players

Iris Clothings Enters Quick Commerce with One of India’s Dominant Quick Commerce Players

Howrah (West Bengal) [India], June 22: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids wear, has announced its entry into the Quick Commerce segment. The Company’s products will initially be available across Bengaluru and Hyderabad, marking a strategic expansion of its omnichannel distribution platform. Building on its strong foundation of distributor-led sales, Exclusive Brand Outlets (EBOs), and its recently launched Direct-to-Consumer (D2C) platform, it continues to strengthen its market presence through high-growth retail channels. The addition of Quick Commerce enhances the Company’s ability to reach consumers across multiple touchpoints…
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Sumeet Industries Limited’s ₹199.75 Cr Rights Issue to Fund 140,000 TPA Capacity Expansion, Debt Reduction and Solar Project

Sumeet Industries Limited’s ₹199.75 Cr Rights Issue to Fund 140,000 TPA Capacity Expansion, Debt Reduction and Solar Project

Surat (Gujarat) [India], June 23: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has announced a Rights Issue for its eligible shareholders aimed at enhancing financial flexibility and supporting the Company’s strategic business priorities. Rights Issue Overview: The Board of Directors of Sumeet Industries Limited has approved the terms of a Rights Issue aggregating to ₹199.75 Cr through the issuance of ₹16.84 Cr fully paid-up equity shares.  The Company proposes to deploy ₹49.00 Cr from the Rights Issue proceeds towards the acquisition and operationalisation of Additional 140,000 Ton Per…
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