Category: Business

  • Travel News Services and TNSI Retail Expansion Plan Targets 100 Stores Across India by 2027

    Travel News Services and TNSI Retail Expansion Plan Targets 100 Stores Across India by 2027

    New Delhi [India], February 20: The journey of Travel News Services and TNSI Retail is moving with clear direction. 8 new outlets opened across key travel and education hubs in January 2026 and locations included airports in Vadodara, Udaipur, Kochi and Chennai. More stores launched in universities at Sonipat and Sohna plus stations of Delhi Metro. Each opening followed planned execution and clear market study.

    Managing Director Atul Jain is guiding this expansion with a structured approach. The plan focuses on balance between growth and profit rather than fast expansion alone. The company is not chasing numbers blindly. Instead it studies demand, location strength, and customer flow before entering a market. This disciplined model helps reduce risk and keeps operations steady. The leadership believes long term success comes from stable stores, not just many stores.

    The company operates with specialised formats designed for different needs. Globiq serves quick travel essentials for passengers on the move. Teddy N Tales focuses on toys and gifts that attract families and impulse buyers. Authentic India offers traditional souvenirs inspired by Indian craft heritage. These formats allow the business to serve multiple customer types while maintaining a clear identity for each store concept.

    The organisation runs a network of more than 150 outlets including over 50 self owned stores and more than 100 partner run locations. Each outlet works like an independent business unit with targets for sales and cost control. Inventory is monitored closely and product mix is adjusted based on customer demand and this system ensures every store contributes to revenue and profit. The method shows that strong systems can matter more than large numbers in retail success.

    Travel News Services and TNSI Retail Expansion Plan Targets 100 Stores Across India by 2027-PNN

    The next milestone is crossing 100 self owned stores by financial year 2026 to 2027. Several sites are already in final stages of setup with investment plans and timelines prepared. The expansion strategy is based on data, location study, and operational readiness. This shows a long term vision rather than short term rush. With a steady plan and clear targets, the company aims to strengthen its position in India’s travel retail market while building a profitable and future ready network.

    You can visit Atul Jain’s LinkedIn post through this link: Atul Jain

  • Post Turnaround Medikabazaar Aims to Raise USD 50 Million to Fuel the Ambition of Billion-Dollar Company

    Post Turnaround Medikabazaar Aims to Raise USD 50 Million to Fuel the Ambition of Billion-Dollar Company

    New Delhi [India], February 20: In a sector where rapid scale has often come at the expense of sustainability, Medikabazaar’s recent turnaround marks a notable shift towards profitability and disciplined growth. Following a period of operational reset and under the leadership of its Group CEO Dinesh Lodha, the company has articulated a credible ambition: to build a billion-dollar enterprise over the next five years, backed by improving fundamentals and renewed investor confidence.

    The timing aligns with a broader upswing in India’s healthcare sector. The industry is entering a strong capital expenditure cycle, with more than $10 billion in investments projected over the coming years, expected to add nearly 40,000 hospital beds nationwide. Existing hospitals are expanding capacity and upgrading infrastructure to serve an underpenetrated and largely unorganised healthcare market. With its scale and established presence, Medikabazaar is positioning itself to play a meaningful role in this transformation of India’s healthcare supply chain.

    Commenting on the growing interest from manufacturers, Group CEO Mr. Dinesh Lodha said, “The growing interest from OEMs to partner with Medikabazaar reflects the strength of our technology-powered platform and our deep understanding of healthcare supply chains. We are building an ecosystem that enables digital transformation while establishing Medikabazaar as a trusted, long-term partner for both manufacturers and healthcare providers.”

    Over the past year, the company has undertaken a decisive reset, scaling to revenues of over Rs. 2,000 crore while achieving operating breakeven. This shift has been anchored in a renewed focus on strengthening its supply ecosystem and accelerating its digital business, now positioned as a core growth engine. Medikabazaar’s digital marketplace recorded 100% year-on-year growth, supported by improved platform capabilities, deeper supplier integration, and a sharper focus on customer experience.

    Alongside its digital momentum, the company has entered into more than 40 exclusive partnerships with leading manufacturers and OEMs. These tie-ups have reinforced Medikabazaar’s position as a procurement partner for hospitals, diagnostic centres, and healthcare providers across the country. The partnerships have helped improve supply reliability, ensure consistent product quality, and deliver greater pricing stability—important differentiators in a sector where trust and continuity are critical.

    A key marker of the turnaround has been the company’s return to financial health. Medikabazaar has reported profitable EBITDA, reflecting tighter cost controls, improved unit economics, and more disciplined capital allocation. This focus on financial rigour has stabilised operations and strengthened confidence among investors, partners, and customers.

    To support its ambition of reaching billion-dollar scale, Medikabazaar is currently in discussions to raise $50 million in fresh capital, with $25 million already committed by existing investors. The proposed fundraise is expected to finance the next phase of growth, including accelerated digital innovation, deeper category leadership, enhanced technology capabilities, and wider reach across India’s healthcare ecosystem.

    The company’s renewed momentum is also underpinned by a leadership team that has emphasised accountability, governance, and execution. legacy challenges, the company says, are firmly in the past. With a profitable core business, a rapidly scaling digital platform, exclusive supply partnerships, committed investors, and a leadership team aligned around a clear long-term vision, Medikabazaar is once again positioning itself as a significant force in India’s healthcare supply chain.

  • 1 Crore Sq Ft Warehousing Expansion: Built-to-Suit Industrial Warehouse announced by Ashwika Warehousing LLP on Founder Dharam Agarwal’s Birthday!

    1 Crore Sq Ft Warehousing Expansion: Built-to-Suit Industrial Warehouse announced by Ashwika Warehousing LLP on Founder Dharam Agarwal’s Birthday!

    Dharam Agarwal, Director, Ashwika Warehousing LLP

    Mumbai (Maharashtra) [India], February 19: With much happiness, Ashwika Warehousing LLP is announcing a major step forward: 1 crore sq of industrial warehouse & logistics park construction is being launched as part of our next growth phase. This announcement is also being made on Dharam Agarwal’s birthday, which makes the day even more meaningful for our team, our partners and everyone who has been part of this journey.

    This is not just an expansion of space. This is an expansion of capability. The focus is clear : built-to-suit (BTS) industrial warehouses that can be planned around real operational needs, across industries and storage types.

    Built-to-suit warehouses that fit the way you operate

    Every business handles inventory difterently. Some need wide movement lanes and fast dispatch. Some need racking-heavy layouts. Some need clean zoning for categories. Some need flexible staging for inbound and outbound peaks.

    That is why this construction rollout is being built around one promise: warehousing that adapts to your use case.

    With built-to-suit warehouses, planning can be aligned to:

    • Storage type and SKU movement
    • Loading and unloading flow
    • Layout needs for racking, stacking, or mixed storage
    • On-ground oftice and support areas
    • Scalability for changing volume

    The goal is simple: give businesses warehouse infrastructure that works in day-to- day operations, not just on paper.

    Suitable for every storage type and every business type

    This rollout is being positioned for a wide range of users, including:

    • Manufacturing and engineering supply chains
    • 3PL and logistics service providers
    • FMCG and retail distribution
    • E-Commerce storage and dispatch
    • Auto ancillary and parts warehousing
    • Multi-category stockists and regional hubs

    If your inventory needs vary across seasons, categories, or channels, the intent is to support that with flexible warehousing solutions.

    Locations covered in this construction rollout

    The 1 Cr Sq Ft rollout is being announced across key industrial belts, with sites planned and activated in the following areas:

    • Chacharwadi
    • Rajoda
    • Bavla
    • Kerala
    • Kochariya
    • Bhayala
    • Kalyangadh
    • Raipur (Vataman)
    • Khanpur
    • Kanera
    • Kajipura
    • Sanand (Kalana, Sachana, Makhiyav)
    • Jalisana
    • Halol
    • Manjusar
    • Vadodara
    • Bhiwandi (Kurund)

    This spread has been planned to support businesses looking for strong connectivity, industrial clustering, and practical access for movement and distribution.

    Why this matters for growing businesses

    A rollout of this scale creates room for businesses that are:

    • Adding new distribution points
    • Expanding regional coverage
    • Consolidating inventory into fewer, stronger hubs
    • Moving into built-to-suit models to reduce operational compromises
    • Planning capacity ahead of peak cycles

    With BTS planning, teams can look at warehousing not as a fixed cost, but as a space that supports efticiency in movement, handling, and turnaround.

    A note of gratitude, and what comes next

    On 19 February, as we celebrate Dharam Ji’s birthday, we are also celebrating everyone who has trusted Ashwika Warehousing LLP with their requirements, timelines and growth plans. This announcement reflects the belief that India’s industrial ecosystem needs infrastructure that keeps pace with ambition, and we are committed to building with that intent.

    If you are planning warehouse capacity in Gujarat or Maharashtra and you want a built-to-suit solution aligned to your storage type and operations, this is the right time to start the conversation.

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  • greytHR Releases ‘HR Predictions for 2026’, Revealing Where HR Is Strong and Where Readiness Is Fragile

    greytHR Releases ‘HR Predictions for 2026’, Revealing Where HR Is Strong and Where Readiness Is Fragile

    Bengaluru (Karnataka) [India], February 19: greytHR, India’s most trusted full-suite HRMS for hire-to-retire solutions today announced the release of HR Predictions for 2026 – A greytHR Perspective, a flagship insights release based on findings from the 2026 HR Leader Prediction Index, developed from responses by over 500 senior HR leaders and features exclusive viewpoints from experienced HR practitioners and industry leaders.

    The Index assesses organisational readiness using greytHR’s HR Prediction Score (HPS), measuring confidence across six dimensions of HR maturity. While results show visible progress across several areas, the data also highlights uneven preparedness as organisations face scale, skills disruption, and rapid AI adoption.

    According to the findings, Performance Enablement, Organizational Vitality, and Workforce Experience are showing strong progress.

    • Performance Enablement recorded the highest HPS (+66.08), reflecting a shift towards “hard HR,” with systems linking individual output to business strategy becoming central to success.
    • Organizational Vitality scored +64.58, indicating healthy leadership pipelines and effective manager training, allowing organisations to take bigger risks with AI and reskilling.
    • Workforce Experience scored +61.57, showing a move from perks to stability, with hybrid work models largely stabilised.

    Yet, the Index also highlights areas that need attention. Culture & Inclusion, Digital Dilemma, and Talent Agility highlight emerging vulnerabilities.

    • Culture and Inclusion scored +59.74, sitting just below the confidence zone; well-being programmes are active, but burnout remains a persistent risk.
    • Digital Dilemma scored +57.12, with tech fragmentation diminishing and unified data platforms emerging, though trust in AI and accountability in digital decisions remain uneven.
    • Talent Agility was the weakest dimension (+50.39), with skill obsolescence, limited internal mobility, and the need for dynamic skill graphing as key challenges.

    The greytHR perspective notes that many of today’s workforce challenges—burnout, stalled career progression, and leadership strain—are structural rather than individual, rooted in how work, skills, and technology are designed and governed. As AI moves from experimentation to operational use, the findings emphasise the need for human-in-the-loop governance, workflow redesign, and AI literacy.

    “The future of HR is about intentional design—where performance, skills, leadership, and technology evolve as one connected system. Organisations that integrate these elements thoughtfully can unlock greater potential, foster stronger engagement, and drive sustainable growth in an ever-changing business landscape.” – Girish Rowjee, Co-founder and CEO, greytHR.

    “We are at an exciting inflection point where AI and digital systems are becoming integral to how HR operates. The opportunity now is to build intelligent, interoperable platforms that combine strong data foundations with human insight. When technology and judgment work seamlessly together, organisations gain the clarity and agility needed to scale with confidence.” – Sayeed Anjum, Co-founder and CTO, greytHR.

    The release concludes with five priority actions for HR leaders, offering practical guidance to help organisations move from HR maturity to strategic acceleration as they prepare for 2026.

    Access the  HR Predictions for 2026 – A greytHR Perspective here: https://campaign.greythr.com/hr-prediction-2026?nc=701fw00000JyiclAAB&d=701fw00000JzVvEAAV&utm_source=email&utm_medium=PR&utm_campaign=HR-Predictions-2026-PR&Region=All&Sub_Source=Website

    About greytHR:

    greytHR is a full-suite HRMS platform designed to automate and simplify complex, recurring, and critical HR and payroll functions, ensuring compliance and security. With over 50 tools, greytHR offers ‘Hire-to-Retire’ solutions for People Operations, including advanced modules for recruiting, onboarding, engaging, paying, appraising, retaining, and retiring employees. The platform also leverages AI-driven analytics and recommendations to enhance employee engagement throughout the entire employee lifecycle.

    Trusted by CFOs and loved by CHROs, greytHR serves businesses of various sizes and is adaptable across industries like manufacturing, SaaS, healthcare, hospitality, education, and retail.

    As India’s leading HRMS and payroll provider, greytHR is rapidly expanding in the MEA and SEA regions, offering world-class Made-in-India software solutions to emerging markets. The company proudly serves over 34,000 clients, managing 3.2 million+ employees across 25+ countries.

    At the heart of greytHR’s success is its commitment to its people. Recognized as a Great Place to Work®, the company demonstrates its dedication to building a high-trust, high- performance workplace where employees are valued, empowered, and motivated to do their best work.

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  • Pajson Agro India: Post-IPO Scaling New Heights; Eyes 40 percent Growth Target for FY26

    Pajson Agro India: Post-IPO Scaling New Heights; Eyes 40 percent Growth Target for FY26

    Mumbai (Maharashtra) [India], February 19: Following its successful debut on the BSE SME platform in December 2025, Pajson Agro India Ltd (PAIL) is entering a transformative phase of industrial scaling. With a robust performance recorded in the first nine months of the fiscal year and a clear roadmap for FY26, the company is solidifying its position as a leading integrated player in India’s cashew processing industry.

    Nine-Month Performance & Strategic Milestones

    The nine-month period ended December 2025 marked a defining phase for Pajson Agro, led by the successful ₹74.45 crore IPO and a decisive scale-up in operations. During the period, the company’s installed capacity stands doubled from 9,000 MT (FY24) to 18,000 MT through expansion at its Anakapalli facility, strengthening its manufacturing base to support future growth.

    From a financial standpoint, revenue for 9M FY26 stood at 187.78 crore, reflecting strong demand and execution.

    B2C Expansion: The “Royal Mewa” brand saw its revenue from white-label branding grow nearly fivefold in just six months, reflecting rapid consumer acceptance.

    FY26 Outlook: Target 30–40% Growth

    As the company moves toward the full-year mark in March 2026, management expects to deliver a strong growth of 30–40% over FY25. This surge is fuelled by the recent capacity expansion at the existing Anakapalli plant, which has significantly improved processing efficiency and allowed the company to meet rising demand from its 71-strong distributor network.

    The Road Ahead: A Long-Term Growth Engine

    The deployment of IPO proceeds is already underway, with a primary focus on establishing a second, massive processing facility in Vizianagaram, Andhra Pradesh. Strategic Execution: Contracts for major project components have been negotiated, ensuring a swift transition to the construction phase.

    Capacity Leap: The new facility is slated for trial runs by late 2026, with commercial production expected in Q4 of FY27. This plant is designed to eventually bring the company’s total annual capacity to 53,000 MT. The management anticipates a 10–15% growth in volumes processed from current Anakapalli plant during FY27.

    Diversified Growth: The core processing business continues to remain the dominant driver, with a clear strategic focus on expanding institutional customers and strengthening the B2B segment. Meanwhile, the B2C segment recorded strong traction, growing threefold in FY26.

    With an expanding geographic footprint across India and supportive government policies, Pajson Agro is well positioned to evolve from a regional processor into a national agro-industrial player. Rising domestic demand and a structurally strong cashew market further reinforce the Company’s long-term growth outlook.

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  • Chandan Healthcare Records Robust 9M FY26 Performance with Rs.203 Cr Total Income; EBITDA Jumps 39 Percent

    Chandan Healthcare Records Robust 9M FY26 Performance with Rs.203 Cr Total Income; EBITDA Jumps 39 Percent

    Lucknow (Uttar Pradesh) [India], February 19: Chandan Healthcare Limited, one of the leading players in North India’s Diagnostics sector, has announced its Unaudited Financial Results for Q3 FY26 & 9M FY26.

    Consolidated Key Financial Highlights:

    Key Financial Highlights Q3 FY26

    • Total Income of ₹ 65.77 Cr, YoY growth of 19.99%
    • EBITDA of ₹ 12.61 Cr, YoY growth of 39.08%
    • EBITDA Margin of 19.17%, YoY growth of 263 BPS
    • Net Profit of ₹ 4.54 Cr, YoY growth of 7.97%
    • Net Profit Margin of of 6.90%

    Key Financial Highlights 9M FY26

    • Total Income of ₹ 203.27 Cr, YoY growth of 21%
    • EBITDA of ₹ 42.59 Cr, YoY growth of 38.58%
    • EBITDA Margin of 20.95%, YoY growth of 266 BPS
    • Net Profit of ₹ 20.14 Cr, YoY growth of 24.71%
    • Net Profit Margin of of 9.91%, YoY growth of 29 BPS

    For more details, visit the company’s website: https://chandandiagnostic.com/

    Note: During the period, consequent to the implementation of the New Labour Codes and the revision in the wage definition, the Group remeasured its defined benefit obligations in accordance with Accounting Standard (AS) 15-Employee Benefits. The resultant impact attributable to past service has been recognised as past service cost and presented as an Exceptional Item. The Consolidated financial results for the period reflect a loss of 2.23 Cr

    Commenting on the financial performance, Mr. Amar Singh, Promoter and Managing Director of Chandan Healthcare Limited, said, “We delivered a steady performance in Q3 FY26 with Total Income of ₹65.77 Cr and EBITDA of ₹12.61 Cr, reflecting healthy operating momentum and improved efficiencies. Our continued focus on network expansion, value-added testing, and operational discipline supported stable margins and consistent growth during the quarter.

    During the quarter, we entered into an exclusive five-year partnership with Jeena Sikho Lifecare to provide comprehensive diagnostic services across its existing and upcoming hospitals and centres. This strategic collaboration is expected to generate meaningful recurring revenues at healthy margins over the coming years. We have already commenced the operational rollout under this partnership by setting up diagnostic facilities, and this will progressively ramp up going forward. In addition, we secured a key B2G contract during the quarter, adding business stability and ensuring steady test volumes.

    We are expanding rapidly and targeting the development of around 100 labs across 17 states along with over 1,000 franchise collection points over the next three years. With a planned investment of approximately ₹100 Cr to support expansion and advanced testing capabilities including molecular diagnostics, we remain confident of strengthening our pan-India presence and driving sustainable long-term growth.”
    Key Q3 FY26 Operational Highlights

    Strategic Fundraise to Accelerate Expansion

    • Raised ~₹104 Cr via preferential issue of 44,50,000 fully convertible warrants at ₹234 per warrant.
    • Participation from promoter group and strategic investors including Jeena Sikho Lifecare and NEGEN Undiscovered Value Fund.
    • Proceeds allocated towards expansion (₹44.50 Cr), acquisitions (₹50 Cr), and general corporate purposes.

    Exclusive Partnership with Jeena Sikho Lifecare

    • Entered into an exclusive diagnostic partnership covering 23 states and 100+ cities.
    • Comprehensive pathology and radiology services for IPD and OPD.
    • Rollout already initiated at Dera Bassi, HiiMS Panchkula; scalable model for nationwide expansion.

    Delhi – Prashant Vihar Advanced Diagnostic Centre

    • Launched advanced centre with expanded genomics testing including whole genome sequencing.
    • Multi-modality radiology: MRI, Cardiac CT, 4D Ultrasound, Digital X-Ray.
    • Strengthens preventive and precision healthcare capabilities.

    Punjab – Long-Term PPP Radiology Project

    • Secured ₹26 Cr government PPP project across multiple hospitals.
    • Deployment of 3 Tesla MRI and 128-slice CT technology.
    • Enhances presence in public healthcare infrastructure.

    Bhopal – Full-Service Diagnostic Centre

    • Commenced operations with integrated radiology and pathology services.
    • Equipped with MRI, Cardiac CT, 4D Ultrasound, and Digital X-Ray.
    • Expands footprint in Central India and strengthens regional network.

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  • Cash Ur Drive Acquires 50 Percent Stake of Charjkaro Greentech Mobility; Strengthens EV Ecosystem Presence

    Cash Ur Drive Acquires 50 Percent Stake of Charjkaro Greentech Mobility; Strengthens EV Ecosystem Presence

    Mumbai (Maharashtra) [India], February 19: Cash Ur Drive Marketing Limited (NSE: CUDML | INE0WL201014), one of India’s fast-growing sustainable transit media companies, has announced the acquisition of a 50% equity stake in Charjkaro Greentech Mobility Private Limited, marking a strategic move to expand its footprint within the electric mobility ecosystem.

    Transaction Overview

    • The Company has acquired 5,000 equity shares, representing 50% of the paid-up equity share capital of Charjkaro Greentech Mobility Private Limited. The acquisition comprises 2,500 equity shares from Mr. Raghu Khanna and 2,500 equity shares from Mr. Parveen K. Khanna.

    • Post completion of the transaction, Cash Ur Drive will hold joint ownership in the company, enabling strategic collaboration and long-term value creation within the sustainable mobility space.

    • The above acquisition was completed through cash consideration and is classified as a related party transaction under the applicable provisions of the Companies Act, 2013 and SEBI norms. Further, the transaction was conducted on an arm’s-length basis and in the ordinary course of business, after obtaining the necessary approvals. This investment aligns with the Company’s medium-term growth strategy, enabling revenue diversification through asset-backed media monetization across EV charging infrastructure while strengthening its presence in the sustainable mobility ecosystem.

    Strategic Rationale & Forward Outlook

    This investment reinforces Cash Ur Drive’s strategy of integrating sustainable transit media with the rapidly expanding electric mobility ecosystem. As EV adoption accelerates and charging infrastructure expands across urban India, the convergence of mobility, media, and technology creates scalable opportunities for engagement, innovation, and monetization.

    Commenting on the development, Mr. Raghu Khanna, Managing Director and Chairman, Cash Ur Drive Marketing Limited, said: “Through this partnership, the Company aims to strengthen its presence within EV infrastructure while developing integrated media solutions across charging networks and leveraging technology-driven platforms to enhance consumer engagement. Going forward, Cash Ur Drive will continue to evaluate opportunities aligned with sustainable mobility and infrastructure-linked assets, positioning itself at the intersection of green mobility and high-impact media engagement.”

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.