Press Release – Page 27 – THE ECONOMIC INDIA

04 Sep

CADFEM India and IIT Roorkee Launch Pioneering Digital Twin Lab to Advance Simulation-Led Innovation

Bengaluru (Karnataka) [India], September 4: CADFEM India Pvt. Ltd., an Ansys (now part of Synopsys) Elite Channel Partner, has joined hands with the Indian Institute of Technology Roorkee (IIT-R) to set up one of India’s most advanced Digital Twin Simulation Labs. This strategic collaboration is a milestone in strengthening India’s digital engineering education and research, bringing together Ansys’ world-class Multiphysics simulation technologies and CADFEM’s deep engineering expertise to empower the next generation of innovators. Under the MoU, IIT Roorkee will gain access to Ansys’ state-of-the-art Digital Twin, CFD, FEM, and Electromagnetics simulation solutions for academic research, curriculum enhancement, and skill…

04 Sep

Kochi Blue Tigers Seal Semi-final Spot with Dominant Run

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Trivandrum (Kerala) [India], September 4: The Kochi Blue Tigers have stormed into the semi-finals of KCL Season 2, becoming the first team to confirm their place in the knockouts. With seven wins from nine matches and only two defeats, both by slender margins, Kochi’s campaign has been a study in consistency, resilience, and all-round brilliance. At the heart of the campaign has been Sanju Samson. Bought for a record ₹26.8 lakh, more than half of Kochi’s total auction purse, Sanju has lived up to the hype. He has scored 368 runs in five innings, including a sparkling century and three…

04 Sep

Taurian MPS Limited IPO Opens on Sep 08, 2025

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Mumbai (Maharashtra) [India], September 4: Taurian MPS Limited (The Company, Taurian) is an engineering and manufacturing company with a focus on sand, aggregates, and spare parts for the construction and mining sectors, proposes to open its Initial Public Offering on Sep 08, 2025, aiming to raise ₹ 42.53 Crores (at upper price band) with shares to be listed on the NSE Emerge platform. The issue size is 24,87,200 equity shares with a face value of ₹ 10 each with a price band of ₹ 162 – ₹ 171 Per Share. Equity Share Allocation Anchor portion – Not more than 6,55,200…

04 Sep

Sharvaya Metals Limited Successfully Completes Anchor Book Subscription, Raises INR 16.72 Crore

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Mumbai (Maharashtra) [India], September 4: Sharvaya Metals Limited, a leading manufacturer and supplier of aluminium products, has successfully raised ₹16.72 crore from marquee institutional investors through its Anchor Book subscription, reinforcing strong investor confidence in the company’s business model and growth trajectory. The company has allocated 8,53,200 equity shares at ₹196 per share to anchor investors. The Anchor allocation saw participation from reputed funds, including: Craft Emerging Market Fund PCC – Citadel Capital Fund – ₹3.27 crore (19.55%) Craft Emerging Market Fund PCC – Elite Capital Fund – ₹3.27 crore (19.55%) NAV Capital VCC – NAV Capital Emerging Star Fund–…

04 Sep

Vigor Plast India Limited Attracts Strong Anchor Investment; IPO Opens Today

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Mumbai (Maharashtra) [India], September 4: Vigor Plast India Limited, a leading provider of complete plumbing solutions, has successfully raised ₹7.08 crore from marquee anchor investors, reflecting strong confidence in the company’s growth potential. The Anchor Book witnessed participation from reputed funds such as Silver Stride India Global Fund, Nova Global Opportunities Fund, Venus Investments VCC – Venus Stellar Fund, Aarth AIF Growth Fund, and Smart Horizon Opportunity Fund. The company has allocated 8,73,600 equity shares at ₹81 per share, raising a total of ₹7.08 crore from prominent anchor investors. The allocation includes participation from reputed domestic and global funds: Silver…

03 Sep

7 Reasons Ziel Events & Experiences Is the Choice for Dream Weddings

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Mumbai (Maharashtra) [India], September 2: With weddings no longer mere ceremonies but full-fledged celebrations of identity and emotion, Ziel Events & Experiences is today one of the most reliable names in the luxury wedding and event planning space. Founded by visionary businesspersons Damodar Sharma and Nirdhi Sharma, Ziel has established new standards in creativity, accuracy, and emotional narrative. A Dream Rooted in Craftsmanship With more than a decade of experience under his belt, Ziel represents the concept that no two love stories are the same — and thus, no two weddings should ever be the same. The couple had a…

03 Sep

Chandan Healthcare Limited inaugurates second Diagnostic Centre in Ayodhya

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Lucknow (Uttar Pradesh) [India], September 3: Chandan Healthcare Limited (NSE – CHANDAN), – Chandan Healthcare Limited, one of the leading players in North India’s diagnostics and healthcare services sector, has inaugurated and commenced operations at its newest unit, the Chandan Diagnostic Centre, Ayodhya. This marks the company’s second diagnostic unit in the city, highlighting its commitment to strengthening healthcare accessibility in Tier 2 and Tier 3 locations. Positioned as a beacon of advanced medical diagnostics, the state-of-the-art facility is designed to redefine healthcare excellence by offering cutting-edge technology and comprehensive testing services. The centrecombines technological innovation with patient-centric care and…

03 Sep

Nisus Finance secures Majority Stake in NCCCL in Strategic Management-Led Buyout

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Mumbai (Maharashtra) [India], September 3: Nisus Finance Services Co Limited (BSE- NISUS | 544296 | INE0DQN01013), a leading investor with a strong focus on urban infrastructure, has acquired a majority stake in New Consolidated Construction Company Ltd. (NCCCL) through its subsidiary, Nisus Finance Projects LLP. Executed as an all-cash, management-led buyout, the transaction marks a pivotal milestone in Nisus’ strategy to scale and consolidate India’s infrastructure ecosystem. As part of the acquisition, Nisus has infused INR 70 Cr as primary growth capital, strengthening NCCCL’s balance sheet and positioning the company to capture high-potential opportunities in India’s fast-evolving building infrastructure landscape.…

03 Sep

Digamber Finance Targets 20% AUM Growth with Small Biz Lending Push Across 10 States

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New Delhi [India], September 3: Digamber Capfin Limited) (Digamber Finance), One of India’s leading NBFC-MFIs announced a strategic move into the small business loan category with plans to launch dedicated services across 10 states in FY 2025–26, starting with the opening of its first Small Business Loan Branch in Jaipur, Rajasthan. This initiative marks a significant diversification beyond microfinance, with the company introducing a comprehensive suite of small business loans and financial product distribution solutions tailored for micro and small entrepreneurs, shopkeepers, hawkers, and street vendors. Speaking on the announcement, Amit Jain, Promoter & Whole-Time Director, Digamber Capfin Limited, said: “Small entrepreneurs and local businesses…

02 Sep

Tree Ganesha: Viral Desai’s 8-Year Eco Movement Earns Asia Book of Records

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Surat (Gujarat) [India], September 2: Surat, a city famously referred to as the diamond capital of the world, is gradually refining another gem in its identity — being an environmental awareness leader. The global limelight has now focused on Tree Ganesha, a remarkable initiative led by Surat’s very own environmentalist, also called the Green Man, Viral Desai. Recently, the movement was awarded a spot in the Asia Book of Records and became the world’s sole religious–cultural festival completely devoted to protecting the environment. A Vision Rooted in Responsibility Over the past eight years, Tree Ganesha has not only been a…