Category: Business

Mumbai (Maharashtra) [India], December 10: India is preparing to host the world’s most influential buyers of plastic finished goods at PlastiWorld 2026, the nation’s largest international sourcing platform for MSME-led plastic manufacturing, all set to take place from 23-25 March 2026 at the Jio World Convention Centre, Mumbai.

Backed by a rapidly expanding export ecosystem and rising global confidence in Indian manufacturing, PlastiWorld 2026 marks a pivotal moment for the country’s plastics industry. With global demand shifting toward high-quality, innovative, and reliable finished products, India is emerging as a preferred sourcing destination for buyers worldwide.

Organised by the All India Plastics Manufacturers Association (AIPMA) and supported by FIEO(Federation of Indian Export Organizations), the MSME, Ministry of Commerce & Industry, and the Department of Chemicals & Petrochemicals, PlastiWorld 2026 is designed as a high-impact, export-driven platform connecting Indian plastic finished goods manufacturers directly with verified overseas buyers.  

Global Visitor Delegations Expected – PlastiWorld 2026 is set to welcome delegations and professional buyers from multiple regions, including:

Austria, Nigeria, Russia, UAE, Kenya, Saudi Arabia, Oman, Turkey, Egypt, and more. 

These delegations represent strong sourcing interest across categories such as houseware, kitchenware, packaging materials, toys, tableware, stationery, sports and leisure goods, gifting products, and a wide spectrum of consumer and industrial plastic finished goods.

Unmissable Opportunity for Indian Plastic Finished Products Manufacturers

Positioned as India’s first and only dedicated finished-goods plastics sourcing show, PlastiWorld 2026 brings together only serious, pre-screened global buyers – ensuring exhibitors meet decision-makers actively seeking suppliers for sustained trade partnerships.

Why plastic manufacturers should exhibit to participate

• Direct access to verified global buyers – exhibitors meet real decision-makers actively sourcing from India.
• High-quality international delegations from 15+ countries ensuring serious, pre-screened purchasing interest.
• Showcase India’s manufacturing strengths across tooling, mould precision, automation, and design adaptability.
• Build long-term export partnerships without travelling overseas, right from the heart of Mumbai.
• Boost brand visibility among leading importers, private labels, wholesalers, and global retail buyers.

With rising manufacturing competitiveness and improving logistics, India is poised to emerge as one of the world’s leading exporters of finished plastic goods.

PlastiWorld 2026 serves as a strategic launchpad for this ambition, bringing together international buyers and Indian producers under one roof for focused trade engagement, sourcing, and collaboration.

For registration and inquiries: 

Website: plastiworld.org
Call: 022 6777 8899 | 986 7050 536 | 91378 55255
Email: sales@plastiworld.org | sales1@plastiworld.org

About PlastiWorld

PlastiWorld is India’s premier global trade event for finished plastic products, organised by AIPMA.

It connects verified international buyers with India’s export-ready manufacturers, serving as a strategic platform for sourcing, collaboration, and industry-wide growth.

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Mumbai (Maharashtra) [India], December 11: Unexpected collisions and minor scrapes can snowball into complex paperwork if the first steps go wrong. Many of the core principles mirror the approach to third party bike insurance, yet there are two-wheeler-specific aspects that matter at every stage.

This article explains IRDAI-aligned do’s and don’ts, the documents to maintain, the timelines to track, and the escalation routes available for third-party claims arising from bike incidents in India.

Understanding the IRDAI Advisory

The Insurance Regulatory and Development Authority of India issues guidance to make claim handling more uniform. The focus is on timely intimation, accurate disclosure, cooperation during assessment and a clear grievance route. For bike insurance, the guidance translates into disciplined preparation before a mishap, careful action at the scene and consistent follow-through with the insurer and legal authorities.

Preparation Before Any Claim

Staying organised reduces confusion later. Keep the following in order at all times:

• Policy schedule, registration certificate, driving licence and valid PUC in both digital and physical form.
• Renewal reminders are noted well before expiry, so the cover does not lapse.
• A simple list of insurer contact points, nearest police station and towing support.
• A brief understanding of coverage and exclusions recorded from the policy wording.
• Routine vehicle maintenance makes it easy to demonstrate roadworthiness.

Immediate Steps After an Incident

Act methodically. The first hour often shapes the claim journey.

• Inform the insurer promptly using the official helpline or app and obtain a reference.
• Report the matter to the police in line with local procedure and record the details provided.
• Share correct information only. Note the date, time, location and identities of involved parties.
• Preserve evidence. Photograph the scene, number plates and road conditions.
• Do not move the vehicle unless safety or traffic requires it. If moved, capture images first.
• Cooperate with the surveyor and provide access to the vehicle when requested.

Common Errors to Avoid

Even small missteps can slow progress. Avoid the following:

• Admitting fault at the spot or signing statements without proper guidance.
• Private settlements that bypass official processes when a third party is involved.
• Delayed intimation to the insurer, which complicates assessment and timelines.
• Starting repairs before the initial inspection, unless safety demands movement that is documented.
• Riding without a valid licence or an expired PUC can lead to additional complications.
• Ignoring notices from the insurer, police or tribunal.

Documents to Maintain

Well-kept records support faster evaluation.

Core papers:

• Policy copy and schedule
• Registration certificate and licence
• Valid PUC certificate
• Police report references and any challans
• Photographs or video of the site and vehicle condition
• Communications from the insurer, legal notices and tribunal paperwork
• Bills, estimates and receipts linked to the incident

File documents chronologically and label each set with dates. Keep duplicates in a secure digital drive to avoid gaps during hearings or surveys.

Timelines and Communication Discipline

Adhering to time-bound actions is central to smoother processing.

• Inform the insurer immediately after the event, then submit the papers within the time window set in the policy.
• Attend surveys and inspections as scheduled. Share requested information in a single, complete package whenever possible.
• Record every call, email and acknowledgement. Keep a simple log that lists date, contact person and reference number.
• Respond to tribunal notices within the period stated, attaching copies of earlier correspondence for continuity.

How Assessment and Liability are Handled

Third-party liability matters usually proceed before the Motor Accident Claims Tribunal. The insurer verifies coverage, appoints surveyors where required and coordinates with legal teams. Consistent statements, complete paperwork and timely responses reduce back-and-forth. Maintain a neutral, factual tone in all submissions and avoid speculative language.

Redressal Pathways Supported by IRDAI

If a concern arises during claim handling, use the established sequence:

• Insurer’s Grievance Channel: File a written complaint and retain the acknowledgement number with the date.
• IRDAI’s Integrated Grievance Management System: If the insurer does not resolve the issue within the stipulated period, file a complaint on the official platform with supporting documents.
• Insurance Ombudsman: Approach the Ombudsman where eligible. Keep forms complete and attach the communication trail to show prior steps taken.

Conclusion

Disciplined preparation, early intimation, precise documentation and steady cooperation form the backbone of a well-run third-party claim for two-wheelers. By following IRDAI-aligned do’s and avoiding common errors, riders can keep processes organised, meet timelines and use the correct escalation path whenever required.

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New Delhi [India], December 11: Jasper Food Manufacturers Pvt. Ltd. (JFMPL), the Ready-to-Eat (RTE) and Ready-to-Cook (RTC) arm of Jasper Group, has acquired a 10% equity stake in SoupX, a health-focused food-tech brand recently featured on Shark Tank India (Season 2).

The investment is part of Jasper Food’s broader strategy to expand into high-growth and complementary food categories, strengthening its position as one of India’s most reliable and process-driven frozen food manufacturers.

Founded in 2021, SoupX offers a range of soups and soup-based meals designed for various dietary preferences, including vegan, keto and diabetic-friendly options.

Pranaykumar Mishra, CEO, Jasper Food Manufacturers Pvt. Ltd., said, “Our investment in SoupX is a step towards building a stronger and more diverse food portfolio. We are focused on supporting businesses that align with Jasper’s commitment to quality, operational discipline, and long-term sustainability.”

JFMPL has built its reputation on a process-first approach, prioritising consistency and hygiene in an industry historically challenged by quality concerns. JFMPL, the company has invested heavily in automation, cold-chain infrastructure and traceability systems that ensure product integrity from sourcing to dispatch.

The company’s portfolio includes a mix of vegetarian and non-vegetarian products, such as processed meats and Indian specialties, produced in facilities equipped with precision-controlled processing lines, advanced rapid-freeze technology and digital monitoring systems. Jasper Food’s nationwide distribution network, supported by temperature-controlled logistics, enables end-to-end quality assurance across its operations.

With growing domestic demand and a strong foothold in export markets, Jasper Food is expanding its manufacturing capacity with a new 1.25 lakh sq. ft. facility designed to meet the next phase of growth. Sustainability remains a key operational focus, with initiatives in responsible sourcing, resource efficiency and the gradual shift towards recyclable packaging materials.

“Partnering with JFMPL comes at an exciting time for SoupX,” said Uttam Kumar, Founder, SoupX. “We have validated our concept in the Delhi-NCR region and built a loyal community that values both taste and nutrition. This investment will help us scale our presence across India while continuing to innovate in the healthy meals category.”

The investment in SoupX also reflects Jasper Food’s intent to identify and support emerging Indian food brands that share its values of innovation, trust and product consistency.

About Jasper Food Manufacturers Pvt. Ltd.

Jasper Food Manufacturers Pvt. Ltd. (JFMPL), under umbrella of Jasper Group, is one of India’s leading manufactures of Ready-to-Eat (RTE) and Ready-to-Cook (RTC) frozen food products. Headquartered in Delhi-NCR, JFMPL combines advanced automation, traceability and cold-chain systems to ensure consistent quality across its range. Built on the principles of quality, hygiene and trust, the company has established itself as a trusted name in India’s processed food sector, with a growing domestic and export presence.

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Chennai (Tamil Nadu) [India], December 10: SEPC Limited (NSE: SEPC | BSE: 532945), one of India’s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water & Municipal Services, Roads, Industrial Infrastructure, and Mining, today announced that the SEPC–Furlong Joint Venture has received a Letter of Award (LoA) valued at ₹86 crore from JSC IA Vozrozhdenie India Private Limited for the development of the new civil enclave at Bihta Airport, Patna, Bihar.

The project scope includes holistic EPC delivery covering:

• Construction of a New Integrated Terminal Building
• Construction of Utility Building and Associated Structures
• Execution of an Elevated Road
• Electro-Mechanical Work
• Installation of Airport Systems, IT Systems, and Security Systems
• Comprehensive Maintenance and Operational Support

The award reinforces SEPC’s strengthening position in India’s infrastructure ecosystem and marks a key milestone in its growing portfolio of aviation and transportation-related EPC projects. With this addition, SEPC continues to expand its project footprint both internationally and across India, building on recent project wins spanning water management, mobility infrastructure, industrial EPC, and mining.

Commenting on the win Mr. Venkataramani Jaiganesh, Managing Director of SEPC

Limited, said: “We are pleased to receive this award for the Bihta civil enclave project, which further strengthens our presence in India’s aviation infrastructure segment. This is a strategically important win that aligns with our growth roadmap of expanding into high-scale and high-complexity EPC domains. With our expanding footprint across India and selected global markets, SEPC is well-positioned to deliver technically robust, compliant, and operationally sustainable infrastructure solutions. We look forward to executing this project with quality, safety, and timely delivery as our core priorities.”

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New Delhi [India], December 10: Domicil, the premium German home furnishing brand, recently partnered with the Indian Streaming Academy Awards Season 2 as an associate sponsor. The event, held at the Jio Convention Centre in Mumbai, highlighted an important shift in India’s entertainment culture. As streaming becomes the country’s preferred way to consume content, the home has quietly moved into the spotlight. Living rooms, bedrooms and small personal corners have turned into the places where people unwind and slip into the worlds unfolding on screen.

This connection between stories and the spaces they are experienced in carried through the evening’s celebrations. During the ceremony, Manoj Kumar Nair, Country Head (Brands), India, Middle East and Africa, HTL Group of Companies joined the celebrations on stage to felicitate two performers who made a strong impact this year. He presented the Best Supporting Role Male award to Sikkander Kher for Aarya and the Best Supporting Role Male (Regional) award to Dibyendu Bhattacharya for Poacher.

As conversations continued at the gathering, several artists spoke about how comfort shapes their own viewing experiences and how Domicil’s approach to design resonated with them. Actor Sanvikaa (Pooja Singh) captured the feeling in one line. “Experience the world beyond comfort with Domicil.” Her words pointed to the brand’s belief that true comfort does not call attention to itself. It blends into daily life and makes the familiar moments at home feel easier and more meaningful.

Model, actor and host for the evening, Shubra Aiyappa Sivappa shared her thoughts on the brand’s roots. “German brands are known to get the best of the world, and that is what Domicil will be doing to your home too.” She spoke about the quiet precision and discipline that define the brand’s craft. These details shape a room in ways that often go unnoticed but always influence how people feel within it.

 

Actor and influencer Pankhuri Gidwani offered a more personal take. “Domicil does not give you a product. It gives you a slice of life.” Her words captured how furniture can become part of everyday routines. It can hold late-night conversations, weekend binges, quiet pauses and long stretches of rest.

The rise of streaming has changed where and how India watches stories. People choose their own pace and their own space. A deep sofa can bring a family together after a busy week. A supportive recliner can make a long-awaited film smoother to sink into. A soft bed can ease the transition from screen time to a slower, more restful pace.

“Furniture plays a quiet but important role in all of this. It shapes how people relax, how easily they settle in and how fully they enjoy what they watch. Comfort becomes part of the narrative,” said Manoj Kumar Nair.

Domicil’s presence at the awards aligned well with the values the brand has always worked around: Thoughtful design, steady craftsmanship, and a belief in creating spaces that feel more warm. As the evening drew to a close, the conversations returned to a simple idea. Homes feel most alive when they give people the space to unwind and sink into the shows they choose on their own time. In these small, unhurried moments of OTT viewing, Domicil’s belief finds its meaning, ‘where to live is to dream’.

Visit: https://domicilindia.com/

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New Delhi [India], December 11: Globe Civil Projects Limited (NSE: GLOBECIVIL / BSE: 544424), an integrated EPC company with over two decades of experience in delivering large-scale institutional, public infrastructure and commercial development projects, has received a Letter of Award (LoA) for a project valued at ₹2.37 crore from Guru Gobind Singh Indraprastha University (GGSIPU), New Delhi.

The awarded project pertains to the “Construction of Indoor Sports Complex at GGSIPU, Sector 16C, Dwarka, New Delhi (SH: Providing and Fixing Flooring, Light Fixtures and Allied Works)”, to be executed over a period of 45 days. The contract has been awarded under the Bill of Quantities (BOQ) format by a domestic entity.

Key Order Highlights:

• Project Value: ₹2,37,44,655 (₹2.37 Cr)

• Client: Guru Gobind Singh Indraprastha University (GGSIPU)

• Project Scope: Construction of Indoor Sports Complex (SH: Providing and fixing Flooring, light fixtures and allied works)

• Execution Period: 45 days

• Location: Sector 16C, Dwarka, New Delhi

• Nature: Domestic | BOQ

This fresh order further strengthens Globe Civil’s position in the sports and institutional infrastructure segment, aligning well with the company’s strong execution footprint across education, healthcare, and public sector buildings.

Mr. Vipul Khurana, Managing Director, Globe Civil Projects Limited, said:

“We are pleased to receive this order from Guru Gobind Singh Indraprastha University, which reinforces our continued presence in the institutional and sports infrastructure segment. Projects of this nature align well with our core execution capabilities in finishing, MEP and allied works. With a healthy order book and steady execution across multiple sites, we remain focused on timely delivery, operational efficiency and maintaining consistent business momentum across our portfolio.”

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Mumbai (Maharashtra) [India], December 11: invest4Edu Initiates Coverage Update on Khazanchi Jewellers –Invest4Edu Research has issued a BUY rating on Khazanchi Jewellers Limited following a strong Q2 FY26 performance, revising its target price to ₹900 from the previous ₹805. With the stock currently trading at ₹734, the brokerage expects an upside potential of 23%, supported by robust earnings, margin expansion, and a balanced wholesale–retail growth strategy.

In Q2 FY26, the company reported 46.2% YoY revenue growth to ₹548.6 crore, driven by sustained wholesale demand and improving traction in its design-led retail offerings. Profitability surged, with EBITDA rising 113.3% YoY to ₹32.3 crore and PAT increasing 119.5% YoY to ₹23.5 crore. In H1 FY26, revenue stood at ₹952.34 crore, up 25.94% YoY, while EBITDA increased to ₹53.36 crore, up 87.29% YoY. PAT rose to ₹38.70 crore, up 93.66% YoY, reflecting a stronger product mix and improved operational efficiencies.

B2B Segment: The Core Engine of Scale

The company continues to maintain a dominant presence in India’s organised jewellery wholesale ecosystem, with ~90% of revenue coming from B2B operations. The company supplies to jewellers across India, backed by a design portfolio of over 5 lakh unique designs ranging from traditional wedding sets to modern, lightweight collections.

Margins in the B2B segment remain healthy, with gold ornament margins at 4.5–5%, and diamond jewellery at 10–12%. The company’s premium natural diamond line, Vajraa Diamonds, saw encouraging uptake this quarter, reinforcing the company’s growing influence in value-added categories.

Retail Expansion to Boost Margins & Brand Equity

While wholesale drives scale, the company is steadily enhancing its retail presence to strengthen blended margins. The company’s upcoming 10,000 sq. ft. flagship showroom in Sowcarpet, Chennai, opening in January 2026, is expected to contribute ₹550–600 crore in annual revenue and lift retail margins from the current 9–10% to 12–13%.

The flagship store will showcase premium Kundan, Polki, Jadau, Diamond, and Gemstone jewellery and is expected to significantly accelerate the expansion of high-value B2C sales. Management aims to increase retail contribution to 20–25% post FY27, a transition viewed positively by analysts.

Strategic Focus on Value-Added Jewellery

The company has purposefully reduced its exposure to low-margin bullion sales, reallocating capital towards ornaments and diamonds—categories with structurally higher profitability. ERP-led digital transformation and real-time inventory replenishment tools are being implemented to improve capital efficiency and accelerate turnover cycles.

With the Indian jewellery market rapidly formalising, Khazanchi’s BIS hallmarking credibility, product innovation, and extensive design library position it strongly to capture rising demand across both wholesale and retail channels.

Valuation & Outlook

Invest4Edu notes that the company is on track to cross ₹2,000 crore in revenue for FY26, supported by festive season demand and retail expansion. Based on 21.5x FY27E earnings, the revised ₹900 target price reflects confidence in the company’s margin trajectory, diversified portfolio, and dual-engine growth model.

About Khazanchi Jewellers Limited

Khazanchi Jewellers, with over five decades of experience and located in Tamil Nadu, holds a significant position in the Indian jewellery sector. The company serves as a pivotal player in both wholesale and retail markets, specializing in a wide array of jewellery products. Offerings range from gold, diamonds, and precious stones to exquisite fancy jewellery, encompassing sought-after bullion items like coins and bars. Their business model involves raw material procurement, manufacturing and designing, the placement of products, and sales to end customers.

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