Press Release – Page 42 – THE ECONOMIC INDIA

31 Jul

Jyoti Global Plast Limited to raise up to Rs. 35.44 crore from Public Issue; IPO opens on August 4

Mumbai (Maharashtra) [India], July 31: Jyoti Global Plast Limited, a leading plastic and FRP moulding company with its recent foray into defence and aerospace, is planning to raise Rs. 35.44 crore through SME Initial Public Offering (IPO). The company has received approval to launch its public issue on NSE Emerge Platform of NSE. The public issue opens for subscription on August 4 and closes on August 6. The Proceeds of the public issue will be utilized to fund new manufacturing unit at MIDC Mahad, Solar Power Plant, loan repayment and general corporate purposes. Unistone Capital Pvt Ltd is the book-running…

30 Jul

How Vivanta Stays Is Quietly Shaking Up India’s Luxury Villa Market With Heart and Hustle

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New Delhi [India], July 30: It’s a misty morning in Goa. A family from Delhi watches the sunrise from a private verandah, sipping freshly brewed coffee made by a local chef. No hotel noise, no buffet queues, no impersonal corridors. Just a villa that feels like home, only better. This isn’t a scene from a five-star brochure. It’s a real guest experience from Vivanta Stays, the underdog brand quietly changing the way Indians vacation. In India’s increasingly competitive luxury villa rental market, flash often takes center stage. Between high-gloss ad campaigns and influencer-studded stays, the space has largely been carved…

30 Jul

DPIIT Partners with TICE to Boost Startup Visibility and Media Outreach Across India

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New Delhi [India], July 30: The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has partnered with Clockwork Media Private Limited, the parent company of TICE News, to enhance media access and visibility for startups across India. The two organizations signed a Memorandum of Understanding (MoU) in New Delhi, signaling a strategic collaboration to empower over 1.8 lakh DPIIT-registered startups, especially those operating in Tier 2 and Tier 3 cities. Sumeet Jarangal, Director at Startup India, and Manoj Sing, Founder and Editor of TICE News, signed the MoU, which seeks to address…

30 Jul

38th Edition Of Giftex: India’s Premier Gifts Trade Show

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Mumbai (Maharashtra) [India], July 30: Being at the forefront of corporate gifting for the last 38 years, Giftex is an ideal platform to discover new-age gifting products, network with the best gift vendors, and find gifts for every budget range and occasion – be it festival, corporate, wedding, or lifestyle gifting. This 3-day event promises to bring together a mix of established brands and new entrants showcasing innovative and trendsetting gifting products. 38th Edition Of Giftex Giftex 2025 is a gifting cloud that encompasses recognised brands and enterprising startups from the gifting sector. The show will create a unique buyer-seller platform that offers…

30 Jul

CashurDrive Marketing Limited IPO Opens on July 31, 2025

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Mumbai (Maharashtra) [India], July 30: CashurDrive Marketing Limited (CashurDrive, The Company), is an outdoor media advertising company, proposes to open its Initial Public Offering on 31st July, 2025 and aiming to raise ₹ 60.79 Crores (at the upper price band), with shares proposed to be listed on the NSE Emerge platform. The issue size is 46,76,000 equity shares with a face value of ₹10 each with a price band of ₹ 123 – ₹ 130 per share. Equity Share Allocation QIB Anchor Portion – Up To 13,22,000 Equity Shares Qualified Institutional Buyer – Up To 8,82,000 Equity Shares Non-Institutional Investors – Not less than 6,63,000 Equity Shares Retail Individual Investors – Not less than 15,50,000 Equity Shares…

30 Jul

Ashapuri Gold Ornament Limited Achieves Strong 34 Percent EBITDA Growth and 22 Percent PAT Growth in Q1 FY26

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Mumbai (Maharashtra) [India], July 30: Ashapuri Gold Ornament Limited(BSE – 542579), one of India’s leading B2B jewellery manufacturers, reported its Unaudited financial result for Q1 FY26. Q1 FY26 Key Financial Highlights: Total Income of ₹ 52.96 Cr, YoY growth of 18.72% EBITDA of ₹ 5.02 Cr, YoY growth of 34.04% EBITDA Margin of 9.48%, YoY growth of 108 Bps PAT of ₹ 3.17 Cr, YoY growth of 21.86% PAT (%) of 5.99%, YoY growth of 15 Bps EPS* of ₹ 0.10, YoY growth of 25.00% Face Value of ₹ 1 each Speaking on the financial performance, Mr. Jitendra Kumar Soni,…

30 Jul

FlySBS Aviation Limited IPO Opens on August 01, 2025

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Mumbai (Maharashtra) [India], July 30: FlySBS Aviation Limited (FlySBS, The Company), DGCA approved Non-Scheduled Airline Operator, provides private air charter services to elite clientele such as entrepreneurs, senior corporate executives, politicians, diplomats, celebrities, and other VIPs, proposes to open its Initial Public Offering on Friday, 01st Aug, 2025 and aiming to raise ₹ 102.53 Crores (at upper price band), with shares to be listed on the NSE Emerge platform. The issue size is 45,57,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 210 – ₹ 225 Per Share. Equity Share Allocation QIB…

30 Jul

Experience Serenity Amidst Tea Gardens At Forestea Homestays, Rangli Rangliot, Darjeeling

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Darjeeling (West Bengal) [India], July 29: Nestled in the heart of the scenic Rangli Rangliot Tea Estate in Darjeeling, FORESTEA HOMESTAYS offers a blissful escape for travellers seeking peace, comfort, and natural beauty. This charming boutique resort is surrounded by lush tea gardens, rolling hills, and the fresh mountain breeze, making it an ideal getaway for families, friends, couples, and corporate retreats. Located just 2 hours from Siliguri and only 1 hour from Darjeeling town, FORESTEA HOMESTAYS strikes the perfect balance between accessibility and tranquillity. The property boasts 6 beautifully designed rooms, each offering panoramic views of the tea gardens.…

29 Jul

Infraprime Logistics Technologies Limited Received In-Principle Approval From BSE

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Mumbai (Maharashtra) [India], July 29: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Infraprime Logistics Technologies Limited for IPO. The company is going public through an IPO to meet the expenses related to the security deposit for the finance lease of trucks (“Vehicles”) and ancillary equipment (“Trailers”), building up the technology infrastructure to support and expand the existing business operations, Meet Working Capital Requirements and cover general corporate purposes related to the Initial Public Offer. The company has plan to issue fresh Issue up to 39,66,400 equity shares, each with a face value of ₹10,…

29 Jul

Project AAROGYA – Konica Minolta Business Solutions’ Flagship National-Level CSR Initiative Brings Cutting-Edge Healthcare Access To Rural India

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Balotra (Rajasthan) [India], July 29: In a remarkable stride toward inclusive healthcare delivery, Konica Minolta Business Solutions India Private Limited has extended its flagship CSR initiative, Project Aarogya, to four rural health centres in Rajasthan’s Balotra district. Through the installation of advanced Health ATM machines at PHC Jagsa, PHC Indrana, PHC Kankrala, and CHC Sindhari, the initiative is now transforming the way primary healthcare is accessed in underserved communities. With over 50 diagnostic tests now available—including blood pressure, ECG, haemoglobin, blood sugar, HBa1C, lipid profile, and vision testing—rural citizens can receive real-time health insights within 10–15 minutes. Test reports are…