Business – Page 76 – THE ECONOMIC INDIA

15 Jun

Digikore Studios Receives NSE In-Principle Approval for Rs. 11 Crore Promoter Debt-to-Equity Conversion

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Pune (Maharashtra) [India], June 15: Digikore Studios Limited (NSE: DIGIKORE), a leading provider of visual effects and digital content solutions to global entertainment markets, has received in-principle approval from the National Stock Exchange (NSE) for the preferential allotment of equity shares to its Promoter and Managing Director, Mr. Abhishek Rameshkumar More, through the conversion of outstanding promoter funding of up to ₹11 Crore into equity shares. The approval marks a significant milestone in the Company’s capital strengthening initiatives and reflects the Promoter’s continued commitment to Digikore’s long-term growth and value creation journey. Pursuant to the approved preferential issue, the Company…

15 Jun

Edtech Major UNIVO Appoints Nitin Golani as Chief Executive Officer

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Noida (Uttar Pradesh) [India], June 15: UNIVO, one of India’s leading online higher education companies, today announced the appointment of Nitin Golani as its Chief Executive Officer. Nitin will lead UNIVO’s next phase of growth as the company strengthens its position in the rapidly evolving online higher education ecosystem, with a continued focus on learner outcomes & experiences, university partnerships, and AI for personalised and adaptive learning. With over two decades of global experience across education, technology, and consumer sectors, Nitin joins UNIVO at a pivotal stage in the company’s journey as it continues to expand access to industry-relevant, outcome-driven…

13 Jun

Jitender Chawla, CEO SMEBIZZ, Appointed As Jury In MMA Global’s Smarties APAC, MMA Smarties North America & MMA Smarties X Global Awards 2026

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New Delhi [India], June 13: In a significant recognition of his contributions to branding, marketing, entrepreneurship, and business growth, Jitender Chawla, CEO of SMEBIZZ, has been appointed as a Jury Member for the Screening Council of MMA Global’s prestigious Smarties Asia Pacific Awards (APAC) 2026, MMA SMARTIES North America Jury 2026, and MMA Smarties X Global Awards 2026. The appointment marks an important milestone not only for Jitender Chawla but also for India’s growing influence in the global marketing and business ecosystem. MMA Global is one of the world’s leading marketing industry associations, bringing together marketers, brands, agencies, and technology…

13 Jun

PayRupik Wins ‘Excellence in Scalable Digital Lending’ Award at World Fintech Summit 2026

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Bangalore (Karnataka) [India], June 12: PayRupik, which is a part of Sayyam Investments Private Limited, won the prestigious “Excellence in Scalable Digital Lending” award at the World Fintech Summit 2026. With this latest accolade, PayRupik became the recipient of its second major industry award in two consecutive quarters. At the World Fintech Summit 2026, PayRupik also acted as the Instant Credit Partner, participating in discussions regarding the role played by technology in providing easy access to credits while ensuring responsible lending practices. The summit featured discussions on how India’s digital lending system is developing along with improved data systems and inclusive lending models. Strengthening the discussion…

13 Jun

Chhattisgarh-Born [U]Defy Expands Across India After Reaching 600 Plus Retail Counters and 16,000 Customers

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Chandigarh [India], June 13: A modern energy drink brand emerging from Bhilai – Chhattisgarh and competing against multinational giants. Born from a Vision of Empowerment – [U]Defy was born from a powerful partnership between two Indian women—Mrs. Danish Dhameja and her mother-in-law, Mrs. Sunita Dhameja—united by one vision to redefine what energy truly means. “We didn’t want to create just another energy drink. We wanted to create a smarter choice—one that empowers people to perform at their best without compromising their well-being. [U]Defy is about helping individuals outlive the ordinary every single day.” — Mrs. Danish Dhameja, Co-Founder, [U]Defy Energy…

12 Jun

Fly My Luggage Emerges as a Cost-Effective Alternative to Rising Airline Excess Baggage Charges in India

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New Delhi [India], June 12: As air travel across India continues to witness strong growth, one challenge remains common among travelers—excess baggage charges. With several airlines charging between Rs 700 and Rs 800 per kilogram for additional baggage at airports, passengers often end up paying thousands of rupees extra during domestic and international travel. Recent industry reports indicate that airport excess baggage fees can significantly increase overall travel costs, especially for families, students, NRIs, business travelers and relocating professionals. Amid this growing concern, Fly My Luggage, a specialized luggage delivery service in India, is offering an alternative solution with pricing…

12 Jun

Iconic Gold Streaming Awards 2026 Officially Announced

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Mumbai (Maharashtra) [India], June 12: The countdown has officially begun for the Iconic Gold Streaming Awards 2026, a prestigious platform dedicated to celebrating excellence in India’s rapidly growing OTT and digital entertainment industry. The grand awards ceremony will take place on 30th June 2026 in Mumbai, bringing together some of the biggest names from the world of streaming entertainment. An extension of the successful 7th Edition of the Iconic Gold Awards, the Iconic Gold Streaming Awards has been launched as a dedicated IP to recognize and honour the creators, filmmakers, storytellers, actors, technicians, and digital talents who are redefining entertainment…

12 Jun

“Maharashtra Scripts New Global Partnerships at Suite Sumflex 2026; State Engages Strategic Investors Across Nutraceuticals, Sustainability, Pharma and Logistics in Landmark Two-Day Summit”

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Senior IFS Officer Dr. Rajesh Gawande leads Maharashtra’s investment facilitation innings at the premier nutraceutical C-suite leadership summit Mumbai (Maharashtra) [India], June 12: Maharashtra’s global investment outreach reached a new register this week as Suite Sumflex 2026 — billed as the Davos of Nutraceuticals and hosted in Mumbai — transformed into a live investment facilitation forum for the state government. A series of high-level bilateral engagements over two days drew global leaders in clean technology, pharmaceuticals, e-commerce logistics, and functional nutrition into direct dialogue with Maharashtra’s investment facilitation machinery. The summit, organised by Nutrify Today under the banner of the Global…

12 Jun

Liotech Industries Limited IPO Opens on 17 June, 2026

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Mumbai (Maharashtra) [India], June 12: Liotech Industries Limited (Liotech, The Company) manufactures precision hardware structures and accessories including door kits, hinges, hooks, aldrops, locks and handles, proposes to open its Initial Public Offering on June 17, 2026, aiming to raise ₹ 36.02 Crores with shares to be listed on the BSE SME platform. The issue size is 11,22,000 equity shares with a face value of ₹ 10 each with an IPO price of ₹321 Per Share. Equity Share Allocation Individual Investors – Not less than 10,64,000 Equity Shares Market Maker – Up to 58,000 Equity Shares The net proceeds from the IPO will be utilized for Capital Expenditure Towards Acquiring…

12 Jun

21BY72 Season 5 Returns to Surat, Bringing Together India’s Top Founders, Investors and Innovators

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Surat (Gujarat) [India], June 12: After four successful and impactful editions, 21BY72 – Bharat’s Leading Startup Summit is set to return with its landmark Season 5 on 13th & 14th June 2026 at Avadh Utopia, Surat, Gujarat. Presented by Arham Share, co-sponsored by Sangini Group, and hosted by Arigato Capital, 21BY72 has evolved into one of Bharat’s fastest-growing platforms for entrepreneurship, innovation, investment, business collaboration, and ecosystem development. What started as a vision to build stronger connections between founders and investors has today grown into a thriving ecosystem that brings together entrepreneurs, startups, MSMEs, corporates, venture capital funds, angel investors,…