Tag: Business

Gurugram (Haryana) [India], August 8:  In a major step towards advancing electric vehicle adoption and promoting safer roads, Zypp Electric, India’s leading EV logistics platform, has partnered with the Traffic Police, Gurugram, under the “Green Hai Toh Zypp Hai” campaign. The initiative, which unites the core themes of sustainability and road safety, was officially launched today at Zypp HQ, Sector 66, Gurugram, during a special EV awareness rally. The event was honoured by the presence of Dr. Rajesh Mohan, DCP Traffic Gurugram, who joined as the Chief Guest.

The campaign’s powerful motto, “Green Hai Toh Zypp Hai”, underlines the urgent need for sustainable mobility through electric vehicles, while “Drive Right Shine Bright” reinforces the shared responsibility of safe and lawful driving. This collaboration marks a pivotal effort where Zypp Electric and the Traffic Police, Gurugram, will co-host future awareness drives and embed structured road safety modules into the Zypp Pilot App. These modules will support Zypp’s delivery partners with training, incentives, and enhanced adherence to traffic regulations.

The rally, backed by the participation of hundreds of enthusiastic EV riders, delivered a unified message to the city to embrace electric mobility, drive responsibly, and build a brighter, cleaner future.

Akash Gupta, Co-founder & CEO, Zypp Electric, commented that “At Zypp Electric, we believe that sustainable mobility and safe roads go hand in hand for building smart, livable cities. Green Hai Toh Zypp Hai Campaign is a movement towards EV Adoption, and our collaboration with Gurugram Traffic Police enables us to not only spread awareness about EV adoption but also embed a culture of safety among our delivery partners. Together, we aim to make every ride greener and every road safer.”

Dr. Rajesh Mohan, DCP Traffic, Gurugram, said, “I congratulate the Zypp electric team on their successful run for 8 years. The corporate sector also has a responsibility to contribute towards the goal of road safety and saving lives. When all stakeholders work together, behavioural change is then possible.

The campaign also coincides with Zypp Electric’s Foundation Day and a milestone of becoming EBITDA positive, being celebrated today, adding greater significance to the company’s ongoing mission of creating a greener and safer urban mobility ecosystem with more than 112 Million deliveries fulfilled in which 47 Million deliveries are for quick commerce reducing more than 55 Million+ Kgs of carbon emissions. A big aspect has been empowering gig-workers, with more than 2 lakh people empowered, with the highest gross income crossing 14 lakhs for top earners. Zypp Electric is poised to scale from 20,000+ EVs to deploy 100,000 EVs over the next 12 to 18 months across India’s top eight cities, including Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Pune, Lucknow, and Jaipur. With an ambitious vision, Zypp aims to scale up its fleet to 500,000 vehicles within the next 3 to 4 years, targeting 100% electrification of last-mile delivery by 2028.

About Zypp Electric  

Zypp Electric India’s Leading Tech-Enabled EV-as-a-service platform, was founded in 2017 with a Mission of Zero emissions and to make India carbon-free by using an ecosystem of Electric Vehicles and EV-based technology to make last-mile logistics sustainable and emission-free. Zypp Electric’s business model is to make carbon-free last-mile delivery for local merchants from e-commerce giants to delivery executives and thereby reduce delivery cost and pollution on an asset-light model. The company currently delivers groceries, medicines, food, and e-commerce packages from point A to point B through their fully automated IoT and AI-enabled scooters, which are low on maintenance and high on performance. The technology tracks batteries that can be replaced at Zypp swapping stations installed at key touchpoints. Eco-friendly EV services also reduce the cost per delivery and help to make the city pollution-free. Currently, it has over 20,000+ (as of August 25) and increasing Zypp EVs and Pilots (delivery executives) working towards this mission.

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Mumbai (Maharashtra) [India], August 9: Cupid Limited (Cupid, The Company), India’s premier manufacturer and brand of personal products have announced its Unaudited Financial Results for Q1 FY26.

Key Q1 FY26 Consolidated Financial Highlights

• Total Income of ₹ 64.75 Cr, YoY growth of 47.06%

• EBITDA of ₹ 16.47 Cr, YoY growth of 147.39%

• EBITDA Margin of 27.55%, YoY growth of 1053 Bps

• Net Profit of ₹ 15.01 Cr, YoY growth of 81.80%

• Net Profit Margin of 25.09%, YoY growth of 400 Bps

• EPS of ₹ 0.55, YoY growth of 83.33%

Post a strong Q1 FY26 performance the Cupid Limited Management:

• Reaffirms the revenue guidance of ₹ 335 Cr for FY26.

• ⁠Sees sustained growth and traction in its B2C FMCG segment with ₹ 100 Cr + target from this segment in FY26.

• ⁠Favourable ₹-USD exchange rate coupled with its most robust International Order Book and Order Pipeline are notable tailwinds for Cupid Limited in FY26.

• Cupid Limited’s business remains fully insulated from any global trade and tariff barriers.

Commenting on the performance, Mr. Aditya Kumar Halwasiya, Chairman and Managing Directorsaid, “We are pleased to commence FY26 on a strong note, delivering healthy growth in both revenue and profitability. This strong performance reaffirms our belief that FY26 will be Cupid Limited’s strongest year yet in its history. It reflects the power of our focused strategy, operational discipline, and the unwavering dedication of the entire Cupid team.

With a strong order book in hand, we are well-positioned to achieve our targeted turnover. Favourable tailwinds from the ₹-USD exchange rate are expected to further support our momentum, particularly as exports are projected to be a major portion of our business this FY. Encouragingly, our B2C segment is also gaining traction, especially during the festive season, and we are confident of surpassing ₹100 Cr in this Segment alone.

Our B2C FMCG business continues to grow at an impressive pace as we expand our footprint across India, reinforcing brand visibility and earning deeper consumer trust. The strong response from customers further validates our belief in the long-term growth potential of this segment.

Simultaneously, we remain deeply committed to our core B2B export business, which is witnessing renewed traction. Through sustained engagement with international stakeholders, we are receiving sizable orders from both institutional and non-institutional buyers. With multiple product certifications and registrations underway across key markets, we are confident of unlocking significant new opportunities globally.

Looking ahead, our dual-pronged strategy of scaling a fast-growing domestic FMCG presence while strengthening our established global B2B export business, positions us well to sustain this growth trajectory. Our mission remains steadfast: to deliver high-quality products, expand market leadership, and generate long-term value for our shareholders.”

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Rajkot (Gujarat) [India], August 9: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar EPC segment. The Company reported its unaudited financials for Q1 FY26.

Q1 FY26 Standalone Key Financial Highlights 

• Total Income of ₹ 70.22 Cr, YoY growth of 7%

• EBITDA of ₹ 7.78 Cr, YoY growth of 14%

• EBITDA Margin (%) of 11.08%, YoY growth of 69 Bps

• Net Profit of ₹ 4.15 Cr, YoY growth of 51%

• Net Profit Margin (%) of 5.91%, YoY growth of 174 Bps

• EPS of ₹ 0.70, YoY growth of 35%

Q1 FY26 Consolidated Key Financial Highlights 

• Total Income of ₹ 70.22 Cr, YoY growth of 7%

• EBITDA of ₹ 7.78 Cr, YoY growth of 14%

• EBITDA Margin (%) of 11.08%, YoY growth of 69 Bps

• Net Profit of ₹ 4.30 Cr, YoY growth of 34%

• Net Profit Margin (%) of 6.12%, YoY growth of 124 Bps

• EPS of ₹ 0.73, YoY growth of 20%

Commenting on the performance Mr. Ritesh Khichadia, a Whole Time Director of Captain PolyplastLimited said, “We’ve begun the new financial year on a strong note, advancing across strategic priorities and sustaining our growth momentum. We have recorded a revenue growth of 7% YoY along with expansion in EBITDA margins which has resulted in standalone net profit growth of 51% YoY.

A major recent business update is our empanelment for supply of solar pumps under Component-B of the PM-KUSUM scheme by DGVCL in Gujarat. This strengthens our presence in the solar pumps segment and supports our mission to empower farmers with sustainable, water-efficient solutions.

With industry tailwinds strengthening through initiatives like PM Surya Ghar: Muft Bijli Yojana and Per Drop More Crop, we continue to see robust demand in both our solar EPC and micro irrigation businesses. Residential rooftop solar adoption is accelerating, and farmers are increasingly shifting towards modern irrigation technologies — trends that play directly to our strengths.

The recent warrant conversions have further strengthened our capital base and reflect continued investor confidence. Our credit rating upgrade also underscores financial discipline and robust business fundamentals. With a strong pipeline, expanding presence, and a clear focus on innovation and execution, we are poised to scale new heights in the coming quarters.”

Q1 FY26 Key Business Highlights

Credit Rating Upgrade	Infomerics Valuation and Ratings Limited has raised the company’s credit ratings from BBB- to BBB for long-term facilities and from A3 to A3+ for short-term facilities.
Allotment of Equity Shares on Preferential Basis	Issued 21,30,000 equity shares upon conversion of warrants to promoter and non-promoter group, increasing paid-up equity share capital from ₹11.50 Cr to ₹11.94 Cr.

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Mumbai (Maharashtra) [India], August 8: The stage is being set, and the transformation is in full swing. With just three days remaining until the gates open for Automation Expo 2025, the Bombay Exhibition Centre in Goregaon is already abuzz with construction crews, technology teams, and exhibitor installations. Asia’s largest automation exhibition is taking shape—brick by brick, booth by booth—across an expansive 36,000 square meters of dedicated space.

With less than 48 hours remaining, the countdown is no longer a number—it’s a signal. A signal that India is ready to lead. That innovation is ready to be witnessed. And that industry decision-makers should be ready to act. The doors open on August 11, and what awaits inside will not just inform — it will inspire.

Across the exhibition grounds, over 2,000 exhibiting companies are moving into their final stages of installation. Sophisticated industrial robots are being calibrated. IIoT-enabled systems are going live. Smart sensors, control instruments, cybersecurity solutions, and energy-efficient platforms are being meticulously prepared for live demonstration. This is not an expo being assembled—it’s a vision being realized.

“Automation Expo stands as a premier platform that continually shapes the future of automation across India’s industrial landscape. With each successive edition, it reinforces its reputation through visionary themes and transformative showcases.

The 2025 edition is poised to spotlight sustainability at its core—featuring cutting-edge, AI-driven, energy-efficient, and environmentally responsible automation solutions that not only enhance operational productivity but also align with global environmental goals. Wishing Automation Expo 2025 unparalleled success. – Mr.  V.B. Srikar, Co-Chairman, Nagman Instruments & Electronics Private Limited, Chennai.

“Excitement builds as Automation Expo 2025 promises ground-breaking innovations and smart solutions that redefine industry standards. From intelligent robotics to next-gen control systems, the expo is set to showcase the future of automation in action. A must-attend for visionaries and tech leaders eager to explore transformative trends shaping tomorrow’s connected world.”  — Dr. Hemal Desai, Vice President, Endress+Hauser,   India.

“Automation Expo continues to cement its position as Asia’s premier automation technology event, and this year, it’s bigger and better than ever. A dedicated hall for robotics reflects the growing momentum of automation and robotics adoption in India. Alstrut, as the Platinum Partner of Universal Robots in India, will showcase close to 10 collaborative robot applications, highlighting real-world use cases across industries. We’re also excited to feature the world’s first autonomous robot for pallet movement and trolley towing from Peer Robotics. This expo is a must-visit for anyone looking to stay ahead in the future of automation.” — Mr.  Anuj Bihani, Managing Director, Alstrut India Private Limited.

“Dear All, an exciting and transformative event is just around the corner—Automation Expo 2025, the biggest celebration of innovation in our industry. Axis Solutions Limited is proud to showcase state-of-the-art products and integrated Industry 4.0 system solutions that redefine efficiency and intelligence. Come explore, connect, and witness the future of automation. Looking forward to seeing you there!” — Dr. Bijal Sanghvi, Managing Director, Axis Solutions Limited.

This year’s edition, organized by IED Communications Ltd., represents far more than a trade event. It is India’s industrial signal to the world: that its factories, supply chains, and digital infrastructure are accelerating into a smarter, more sustainable, and resilient era. Automation Expo 2025 is the definitive platform where manufacturing vision meets execution—and where global partnerships are born.

Every hour from this moment on brings us closer to a convergence of minds and machines, of decision and direction. For those building the future—CEOs, engineers, strategists, policymakers—this event is your inflection point. What’s coming is not a glimpse, but a deep dive into the technologies that will govern the next decade of industrial performance.

The future of industry doesn’t wait—and neither should you. In just days, Automation Expo 2025 will unlock an ecosystem where technology meets leadership, and ideas become action. This is your moment to be part of India’s defining industrial movement. Secure your badge, step into the momentum, & Register now—because progress has a deadline.

Automation Expo 2025 is ready. India is ready. The world is watching.

Conference Registration Link: https://pages.razorpay.com/pl_Qw1aYSjQiwek7J/view

Automation Expo 2025 – Visitor Registration Link: https://www.viablesoft.org.in/AutomationExpo2025VD/index.aspx

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Kolkata (West Bengal) [India], August 8: Exide Industries Ltd. is pleased to announce the appointment of Ms. Deepa Singh to the position of Vice President & Head – HR & Admin, effective 1st August 2025. 

Ms. Singh has been an integral part of the company’s HR leadership team for the past two years, consistently bringing strategic insights and a deep understanding of people and processes. 

In her new role as VP & Head – HR & Admin, she will lead the overall HR strategy and administration functions, focusing on talent development, culture building, employee engagement, and organizational effectiveness.

Commenting on the same, Mr. Avik Roy, MD & CEO of Exide Industries Ltd. said: “Deepa’s vision, proven track record, and insightful experience will further strengthen our people management, industrial relations, and other key areas, driving cross-functional efficiencies in the Company.”

Academically, Deepa holds a Bachelor’s degree in Physics (Hons.) and a Master’s in Human Resource Management. Over the years, she has gained extensive domain experience across all HR verticals, including Industrial Relations and Centers of Excellence (CoEs).

With an impressive 18 years of experience across renowned organizations such as Raymond Ltd., Jet Airways, Reliance Industries Ltd., and Lohia Corp, Deepa possesses an extensive understanding of both manufacturing and service-based industries.

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New Delhi [India], August 8: imm India, a premier B2B platform designed to drive the next phase of growth in the Indian interiors and furniture industry, was officially launched today by Koelnmesse Pvt. Ltd. at an exclusive event held at the India Habitat Centre, New Delhi. The event brought together key stakeholders in a city that naturally connects policy, commerce, and design, setting the tone for a platform that aims to foster innovation, collaboration, and industry-wide progress.

The launch took place in the esteemed presence of Dr. Ajay Sahai, Director General & CEO of the Federation of Indian Export Organizations (FIEO); Mr. Bharat Dinesh, President of the Jodhpur Handicrafts Exporters Association (JHEA); renowned interior designer Marie-Gon; and Mr. Milind Dixit, Managing Director of Koelnmesse Pvt. Ltd.

At the launch event of imm India 2026, Dr. Ajay Sahai, Director General & CEO, FIEO highlighted, “India is the fastest-growing major economy in the world, powered by a dynamic and resilient private sector. The government has taken a strategic shift in its trade policy, focusing on FTAs with large, complementary economies, such as the UAE, Australia, EFTA, and the UK, to ensure balanced trade and safeguard domestic interests. The upcoming UK FTA will provide zero-duty access for almost all Indian exports from day one, with simplified processes such as exporter declarations and no certificate of origin required for small shipments of up to 1,000 tonnes. We are also working towards an early harvest agreement with the EU, which will be a game-changer for our labour-intensive sectors. These are bold, proactive steps to strengthen India’s position in global trade and support our exporters in seizing emerging opportunities.”

Backed by leading Indian industry associations like Jodhpur Handicrafts Exporters Association, Eastern U.P. Exporters’ Association, The Handicrafts Exporters Association – Moradabad and Bagru Industrial Association, imm India is set to connect global innovation with the country’s rapidly expanding interiors and furniture market. The Indian interior design market is projected to grow from USD 36.4 billion in 2024 to USD 67.4 billion by 2032, with a robust CAGR of 14.3%. As a future-ready platform, imm India will cater to professionals across residential, commercial, hospitality, and contract sectors, offering a space for collaboration, market insight, and design excellence.

Mr. Gerald Böse, President & Chief Executive Officer of Koelnmesse GmbH, shared his vision for the new venture: “Bringing the proven concept of imm cologne to India with imm India, in collaboration with such esteemed local associations, is a natural progression and a testament to the immense potential of the Indian market. This joint effort ensures a truly representative and impactful event, facilitating significant global business connections and propelling the industry forward.”

Speaking at the launch, Mr. Milind Dixit, Managing Director, Koelnmesse Pvt Ltd, said, “imm India is not just an exhibition, it’s a movement. It brings together global innovation and Indian ingenuity at a time when the country’s interior design market is projected to double to USD 71 billion by 2033. With India’s rising demand for design-led living and Koelnmesse’s global expertise, we’re proud to introduce a platform that will shape the future of interiors across the region.”

The inaugural full-scale edition of imm India will be held from March 11 to 14, 2026, at Yashobhoomi (IICC), Dwarka, New Delhi, bringing together India’s most innovative brands and future-forward interior solutions under one roof.

Mr. Bharat Dinesh, President – Jodhpur Handicrafts Exporters Association, expressed his enthusiasm and stated, “In today’s global landscape, challenges like the European Union Deforestation Regulation (EUDR) and the unpredictability of international tariffs, as highlighted by President Rao’s recent statement, pose real concerns for Indian exporters. It’s more important than ever to diversify our markets and look inward. The Indian domestic market remains largely untapped and full of potential. imm India 2026 is not just another event; it’s a timely gateway for building global partnerships while also unlocking new domestic opportunities. For anyone looking to explore, expand, or innovate, this platform offers access to diverse sectors, design trends, and architectural innovation.”

imm-india will present a comprehensive showcase of global interior solutions, including furniture for home and outdoor areas, such as upholstered furniture, lamps and lighting, wall and floor coverings, home décor and aesthetics, as well as occasional and single furniture pieces. Additionally, the exhibition will feature reproduced furniture, bathroom accessories and products, kitchen solutions, and art. It will enable direct networking between Indian manufacturers and key decision-makers through curated buyer-seller meetings, business dialogues, and strategic partnerships.

imm India will showcase a diverse range of products and facilitate focused business interactions. It will provide valuable insights into evolving design, sustainability, and consumer trends. The platform will encourage meaningful engagement among architects, designers, retailers, and sourcing professionals. Backed by India’s strong manufacturing capabilities and widespread industry support, imm India is poised to become a key driver of market growth and creative leadership in the interior sector.

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New Delhi [India], August 8: TimesPro, India’s market leader in Higher EdTech and a part of the Times Group, announced a planned leadership transition. Anish Srikrishna, the TimesPro CEO since 2015, will step down after a transformative decade at the helm, having executed an elaborate succession process to ensure business continuity. Abhishek Arora, a dynamic leader with expertise in e-commerce and education, will assume the role of CEO effective 1st August 2025.   

Over the past decade, TimesPro achieved market leadership in the H.EdTech space, delivering 70% CAGR growth and sustained profitability. The period established TimesPro as India’s most trusted Higher EdTech brand, solving for access and affordability in Higher Education while bridging industry-academia gaps through innovation and strategic partnerships.   

Mr. Vineet Jain, Managing Director, Times Group, stated:   

“Anish’s contribution in building TimesPro from inception to a market leader in H.Ed Tech is appreciable, and I wish him the very best in his future endeavours. Abhishek’s blend of commercial acumen and tech-first mindset positions TimesPro for its next and very exciting growth phase. This carefully planned and executed succession plan reflects TimesPro’s governance maturity.”   

Anish Srikrishna remarked:   

“Leading TimesPro has been a unique honour. With the business robust, profitable, and future-ready, now is the ideal time to pass the baton. Abhishek is the right leader to harness the emerging opportunities for TimesPro, and I look forward to seeing the company do even better under his able leadership. I thank Mr. Vineet Jain, MD, stakeholders from the Times Group, our valuable partners and our wonderful teams for their unwavering trust in me and in TimesPro.”   

Abhishek Arora, Incoming CEO, added:   

“I am privileged to build on TimesPro’s extraordinary legacy. TimesPro will accelerate its mission of democratizing education through technology, while deepening industry alliances and learner impact.”   

About TimesPro: 

TimesPro, established in 2013, is a leading Higher EdTech platform dedicated to empowering the career growth of aspiring learners by equipping them with skills to rise in a competitive world. TimesPro’s H.EdTech programmes are created to meet the rapidly changing industry requirements and have been blended with technology to make them accessible & affordable.  

TimesPro offers a variety of created and curated learning programmes across a range of categories, industries, and age groups. They include employment-oriented early career programmes across BFSI, e-Commerce, and technology sectors; executive education for working professionals in collaboration with premier educational institutions like IIMs and IITs; and organisational learning and development interventions at the corporate level. TimesPro also collaborates with India’s leading organisations across varied sectors to provide upskilling and reskilling solutions to boost employability and create a robust workforce. TimesPro is a Higher EdTech initiative by The Times Group.  

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