Category: Business

  • Corium Italia Debuts in Agra at Vilasa Design with Exclusive Showcase of Italian Craftsmanship

    Corium Italia Debuts in Agra at Vilasa Design with Exclusive Showcase of Italian Craftsmanship

    Agra (Uttar Pradesh) [India], April 23: Corium Italia, the premium Italian furniture brand, marked its debut in Agra with an exclusive launch event at Vilasa Design, introducing the city’s first Italian furniture brand showroom. The launch showcased a curated collection of contemporary Italian sofas that combine innovation, comfort, and sculptural elegance—crafted for those who value understated luxury.

    The evening brought together architects, design enthusiasts, and discerning consumers, offering an immersive experience of Italian living. Through curated hospitality and guided walkthroughs, guests engaged with the brand’s design philosophy, which emphasises the balance between aesthetics, functionality, and comfort. The collection highlighted refined detailing, fluid forms, and the tactile richness of premium materials. The event witnessed promiment figures including Vinod Thapa, Interior Designer & Director – Vinod Thapa Innovation Private Limited; Gulab Ladhani, Businessman; Puran Dawar, President – Shoe Export Industry; Rajesh Hemdev, Diamond Jewellery Retailer; Surendra Kumar Jain, President – Help Agra NGO; Dr. Shivani Chaturvedi, Gynaecologist; Suresh Seetlani, President – Sindh HelpAge.

    Originating from Florence, Italy—renowned for its legacy in art, fashion, and fine leather craftsmanship—Corium Italia is rooted in a philosophy of precision and timeless design. Founded by Rino and Edoardo, the brand reflects a strong focus on craftsmanship and material integrity, with each piece conceived as an expression of artistry.

    “India continues to be a key growth market for us, with consumer demand increasingly moving beyond functionality towards design, craftsmanship, and overall experience. With Corium Italia, we are introducing a distinct Italian design language supported by global expertise, while remaining aligned with local preferences. We are committed to delivering products that seamlessly balance aesthetics, comfort, and durability,” said Manoj Kumar Nair, Country Head – Brands, India, Middle East and Africa, HTL Group of Companies.

    With its entry into Agra, Corium Italia continues to expand its presence in India, catering to the growing demand for design-led furniture across emerging markets. 

    About Corium Italia: 

    Corium Italia is an Italian sofa manufacturer with extensive experience in the product development, design, manufacturing and sales of sofas. It was originated from the heart of Florence, Italy, a country famed for their passion in design, beauty and fashion, yet deep-rooted with a rich blend of culture and heritage. 

    Corium Italia promises a suite of upmarket and modern Italian designer sofas for the esteemed customers. We draw our inspirations from Tuscany’s rich heritage and tradition of passion, excellence and accomplishment, dedicated towards ideals of beauty and perfection. 

    Every piece of furniture is crafted through expert craftsmanship, precision and ultimate attention to detail in the finishing touches. Corium Italia reveals itself through a restless passion to pursue beauty and perfection, not to be noticed, but to be remembered. 

    Life is what we make of it. 

    Live with pride.

    Visit: https://coriumindia.com/

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  • Zen Mobility and Delhivery Announce EV Partnership for Pan-India Deployment

    Zen Mobility and Delhivery Announce EV Partnership for Pan-India Deployment

    A long-term partnership to deploy thousands of purpose-built EVs pan-India over the next 3–5 years, building on 500+ vehicles already operational

    New Delhi [India], April 23: Zen Mobility and Delhivery Limited today announced the signing of a Memorandum of Understanding formalising a long-term partnership for the pan-India deployment of purpose-built electric vehicles over the next 3–5 years. The partnership deepens a collaboration that began over two years ago, with ~500 Zen-built EVs already operational in Delhivery’s network — delivering up to 35% reduction in last-mile logistics costs and 90–95%+ vehicle uptime in live commercial operations — with many thousands more planned in the years ahead.

    PARTNERSHIP AT A GLANCE

    The rollout will cover electric two-wheelers, three-wheelers, and four-wheelers — all designed, engineered, and manufactured entirely in India by Zen Mobility, and customised to Delhivery’s city-wise and route-wise requirements across Tier 1, Tier 2, and Tier 3 cities. Zen Mobility’s fleet leasing arm, Zen Flo, will support deployment and ongoing fleet operations. As the partnership scales, it is projected to eliminate tens of thousands of tonnes of CO₂ annually — one of the most impactful green logistics initiatives in India.

    “This MoU is a strong validation of Zen Mobility’s purpose-built approach. Together, we are scaling a new category of EVs that delivers real cost savings, operational reliability, and measurable sustainability impact across India.”

    — Namit Jain, Founder & CEO, Zen Mobility

    “We don’t view electrification as just a fleet update; it is a core part of how we are making our last-mile operations more efficient and sustainable,” said Prashant Gazipur, Senior Vice President of Last Mile Operations, Delhivery. “Our partnership with Zen Mobility ensures our delivery partners have access to reliable vehicles that are easy to operate and maintain. By reducing daily running costs, we are improving the earning potential of our riders while building a more resilient network. At the same time, this initiative helps our enterprise customers reach their own ESG targets and satisfy the sustainability requirements of their stakeholders by providing them with a cleaner, lower-carbon delivery option,” added Prashant.

    About Zen Mobility

    Zen Mobility is India’s leading purpose-built EV manufacturer for last-mile logistics, offering two-wheelers, three-wheelers, and four-wheelers. Zen has deployed over 3,000 EVs with enterprise customers including Delhivery, Amazon, Flipkart, Zomato, Blinkit, Porter, and Blue Dart DHL.

    About Delhivery Limited

    Delhivery is India’s largest logistics services provider. The company is a leading provider of logistics services, including e-commerce and express parcel transportation, on-demand logistics, part truck-load (PTL) freight, full-truckload (FTL) freight services, cross-border air express and freight services, warehousing and supply chain solutions, data services, and software, including warehouse management and transportation management systems, to over 51,000 clients. For more information about Delhivery, please visit www.delhivery.com.

    Media Contact  |  communications@zenmobility.in  |  +91-XXXXX-XXXXX

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  • Amba Auto Sales and Services Limited IPO Opens on April 27, 2026

    Amba Auto Sales and Services Limited IPO Opens on April 27, 2026

    Mumbai (Maharashtra) [India], April 23: Amba Auto Sales and Services Limited (The Company Amba Auto) is engaged in automobile and consumer electronics retail, proposes to open its Initial Public Offering on Monday, April 27, 2026, aiming to raise ₹65.12 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

    The issue size is 48,24,000 equity shares at a face value of ₹10 each with a price band of  ₹ 130 – ₹ 135 Per Share.

    Equity Share Allocation

    • QIB – Not more than 4,64,000 Equity Shares
    • NII– Not less than 22,86,000 Equity Shares
    • Individual Investors – Not less than 18,32,000 Equity Shares
    • Market Maker – Up to 2,42,000 Equity Shares

    The net proceeds from the IPO will be utilized for funding capital expenditure for setting up new showrooms and renovating existing ones, to meet the working capital requirements and general corporate purposes. The issue will open on Monday, April 27, 2026, and will close on Wednesday, April 29, 2026.

    The Book Running Lead Manager to the Issue is CapitalSquare Advisors Private Limited, The Registrar to the Issue is Bigshare Services Private Limited.

    Mr. Pradeep Kumar Lohia, Chairman & Executive Director of Amba Auto Sales and Services Limited, expressed, “The proposed Initial Public Offering represents an important milestone for the company. Over the years, we have built a strong dealership platform with established relationships with leading OEMs such as Bajaj Auto and LG Electronics, supported by a well-established network across Bengaluru.

    The proceeds from the IPO will be primarily utilized towards expanding our showroom network, strengthening our service infrastructure, and meeting working capital requirements, which will enable us to scale operations efficiently and enhance customer reach.

    With a focused strategy on network density, customer-centric operations, and integrated revenue streams across vehicle sales, after-sales services, and consumer electronics, we believe the IPO will position us well to capture growth opportunities in both the automobile and consumer durable segments.”

    Dr. Sunil Kumar Manocha, Founder & Managing Director of CapitalSquare Advisors Private Limited, said, “The Indian automobile and consumer durables sectors continue to demonstrate strong structural growth, supported by rising disposable incomes, urbanization, and increasing demand for mobility and lifestyle products.

    Against this backdrop, the proposed Initial Public Offering of the Company represents an important milestone in its growth journey. The Company has established a strong dealership platform with long-standing relationships with leading OEMs such as Bajaj Auto and LG Electronics, supported by a well-established network across Bengaluru.

    The proceeds from the IPO are proposed to be utilized towards expanding the showroom network, strengthening service infrastructure, and meeting working capital requirements, which are expected to support the scale-up of operations and enhance customer reach.

    Given its focused strategy on network density, customer-centric approach, and integrated revenue streams across vehicle sales, after-sales services, and consumer electronics, the Company is well positioned to capitalize on growth opportunities in both the automobile and consumer durables segments.”

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  • Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period

    Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period

    Visakhapatnam (Andhra Pradesh) [India], April 23: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a key advancement in its ongoing deleveraging efforts.

    The Company has redeemed ₹43.19 crore towards Non-Convertible Debentures (NCDs) in a single tranche, representing approximately 13% of its total outstanding debt, reflecting a focused approach towards balance sheet strengthening.

    This follows the Company’s repayment of ₹28 crore over the last two quarters. With this, total debt reduction stands at ~₹71.19 crore in the recent period, highlighting continued progress in deleveraging supported by strong operational cash flows.

    Further, the Company is pleased to inform that, consequent to this reduction, it has discharged and repaid over 20% of its long-term debt since October 2025, reaffirming its commitment to financial discipline and marking significant progress towards becoming debt-free in the near future.

    This development highlights the Company’s strong cash flow generation and improving financial position, supported by a disciplined approach towards debt reduction. It also provides greater visibility on lower finance costs and improved earnings quality going forward.

    Commenting on the update, the management of Steel Exchange India Limited said:
    “This step reflects our continued focus on disciplined financial management and strengthening our capital structure. Our approach remains centered on improving efficiency, optimizing capital allocation, and creating a more resilient and scalable platform to support long-term growth.”

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  • Dev Information Technology Ltd Unit Partners Microsoft; Enters Elite Tier

    Dev Information Technology Ltd Unit Partners Microsoft; Enters Elite Tier

    Mumbai (Maharashtra) [India], April 23: Dev Information Technology Limited(DEV IT), (NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company offering Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, has announced the achievement of all six Microsoft Solutions Partner Designations (SPD), in conjunction with its wholly owned subsidiary, Dhyey Consulting Services Pvt. Ltd.

    This accomplishment places DEV IT among a select group of companies in India to hold the complete suite of Microsoft specializations, reinforcing its position as a high-maturity global IT service provider capable of delivering end-to-end digital transformation solutions.

    Scope of Capabilities

    The six Microsoft Solutions Partner Designations demonstrate DEV IT’s expertise across the Microsoft ecosystem, serving SMBs, SMEs, and large enterprises:

    • Modern Work – Deployment of hybrid work environments and secure productivity tools
    • Azure Infrastructure – Management of complex cloud migrations and infrastructure optimization
    • Digital & App Innovation – Development of agile digital platforms and modern software solutions leveraging CMMI Level 5 maturity
    • Data & AI – Transformation of data into business intelligence and AI-driven insights
    • Security – Implementation of Zero-Trust security frameworks with CMMI-driven precision
    • Business Applications – Expertise in Microsoft Dynamics 365 to drive operational efficiency and growth

    Corporate Impact and Future Outlook

    As a CMMI Level 5 and ISO-certified organization, this milestone enhances DEV IT’s competitive positioning in the global IT services market. The comprehensive Microsoft certification, along with its alignment with North American parent company XDuce, positions the company to pursue mid-market and large-scale corporate opportunities globally.

    Commenting on the development, Mr. Pranav Pandya, Chairman, Dev Information Technology Limited, said: “This achievement is a testament to the technical excellence of our delivery teams and our commitment to a customer-centric sales approach. It solidifies DEV IT’s role as a trusted, value-based, end-to-end IT partner for organizations worldwide.”

  • Rajesh Bothra’s 7 Principles for Building Wealth Without Losing Your Values

    Rajesh Bothra’s 7 Principles for Building Wealth Without Losing Your Values

    Rajesh Bothra, Singapore-based entrepreneur and global investor

    New Delhi [India], April 22: In a world that celebrates overnight success and viral shortcuts, Rajesh Bothra stands as a quiet but powerful counterpoint. The Singapore-based entrepreneur, who began his journey with almost nothing and built his way to global recognition across continents, has never been loud about his achievements. What he has always been vocal about, however, are the principles that guided him.

    Born in Mumbai to a Marwari family with deep roots in Rajasthan, Rajesh Bothra embodies the spirit of disciplined ambition — a rare blend of street-level grit and long-term vision. Decades into his journey as an entrepreneur, mentor, and investor, he now shares the seven principles he believes every young person must carry if they want to build something meaningful without sacrificing who they are.

    1. Start Before You’re Ready

    Rajesh Bothra believes that waiting for the perfect moment is the single biggest wealth killer. Opportunities do not announce themselves — they require someone willing to move first, learn fast, and adjust along the way. Starting small is not a weakness; it is the foundation every empire is built on.

    2. Your Network Is Your Net Worth — But Only If It’s Built on Trust

    Throughout his career across Asia, Europe, and beyond, Rajesh Bothra has maintained that relationships built purely on transactions collapse under pressure. Lasting partnerships are forged through consistency, transparency, and genuine respect — qualities that no amount of money can buy.

    3. Reinvention Is Not Failure — It Is Maturity

    The ability to pivot when the world changes is what separates resilient entrepreneurs from fragile ones. Rajesh Bothra has navigated global financial crises, shifting markets, and industry disruptions — each time emerging stronger because he was willing to let go of what no longer served him.

    4. Values Are Your Most Durable Asset

    In the pursuit of wealth, many lose the very thing that makes success worth having. For Rajesh Bothra, his family-first philosophy and ethical approach to business have never been negotiable. He firmly believes that a person’s word and reputation outlast any balance sheet.

    5. Think Global, Stay Grounded

    Having operated across dozens of countries, Rajesh Bothra understands that global ambition must be anchored in cultural humility. Understanding different markets, respecting local values, and adapting without losing your identity is a skill that takes years to develop — and a lifetime to master.

    6. Give Back Before You Think You Can Afford To

    Mentoring young entrepreneurs and contributing to community development has been central to Rajesh Bothra’s philosophy long before it became a business trend. He argues that generosity of knowledge and time creates ripple effects that no financial contribution alone can replicate.

    7. Discipline Is the Only Shortcut That Works

    Consistency over years — in decision-making, in work ethic, in how you treat people — is what Rajesh Bothra identifies as the true differentiator. In an age of distraction, the ability to show up and execute without applause is, he says, the rarest form of talent.

    What makes Rajesh Bothra’s perspective particularly compelling for young Indian entrepreneurs is not the scale of his achievements — it is the accessibility of his wisdom. These are not lessons reserved for the privileged. They are forged from decades of real decisions, real setbacks, and real perseverance.

    As India’s next generation of entrepreneurs looks outward — to Southeast Asia, to global markets, to cross-border opportunities — figures like Rajesh Bothra serve as living proof that it is possible to build wealth on your own terms, without compromising the values your family instilled in you.

    In the end, his message is simple: Build something that lasts. Be someone that people trust. And never let the size of your ambition shrink the size of your character.

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  • Hafele Nova Digital Lock Smart Security with Advanced Access Control and Modern Design

    Hafele Nova Digital Lock Smart Security with Advanced Access Control and Modern Design

    Hafele Nova Digital Lock

    New Delhi [India], April 22: Hafele strengthens its portfolio of advanced security solutions with the Nova Digital Lock, a thoughtfully engineered system designed to combine modern aesthetics with intelligent access control. As digital security solutions become an essential part of contemporary homes and offices, the Nova Digital Lock offers a reliable and convenient way to safeguard spaces while enhancing everyday convenience.

    The Hafele Nova Digital Lock is designed to provide seamless keyless access through multiple entry options such as PIN code, RFID card, fingerprint recognition, and smartphone connectivity. Advanced technologies such as palm vein scanning and face recognition enable precise identification of authorised users, enhancing the level of security within residential and commercial environments. The lock also supports remote access over Wi-Fi and Bluetooth, along with compatibility with video door phone systems and an integrated digital door viewer, allowing users to view and communicate with visitors before granting access. Additional features, such as loitering detection, further strengthen safety by alerting users when unusual activity is detected near the entrance.

    Nova Digital Lock

    Complementing its advanced security capabilities is the Nova Digital Lock’s sleek and contemporary design, featuring a premium glass surface and capacitive touch screen interface. The integrated LED lighting panel communicates the lock’s operational status through colour indicators, ensuring ease of use while adding a refined visual element to the door. By combining intuitive functionality with dependable performance, the Hafele Nova Digital Lock delivers a comprehensive digital security solution that enhances both safety and modern living experiences

    Established as a wholly owned subsidiary of Hafele Global Network, HafeleIndia has been operating in India since 2003. An authority in the field of architectural hardware, furniture, and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces, positioning itself as a complete solution provider for interior solutions in India and South Asia. HafeleIndia has a strong nationwide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

    Log onto https://www.Hafeleindia.com/en/info/service/contact-us/410/ to find the nearest Hafele showroom or design Centre.

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