Tag: Business

  • Reimagine Kerala 2025: ICC Launches in Kerala with 20 Speakers to Shape the State’s Future

    Reimagine Kerala 2025: ICC Launches in Kerala with 20 Speakers to Shape the State’s Future

    Kochi (Kerala) [India], August 6:  “Reimagine Kerala 2025” concluded as a dynamic, high-energy exchange of ideas, marking the official establishment of the Indian Chamber of Commerce (ICC) Kerala Council. Held at Le Meridien, Kochi, the inaugural event brought together 20 thought leaders from diverse sectors, each presenting two transformative ideas in a rapid-fire format. This unique approach fostered a sense of urgency and possibility, as voices from across Kerala’s entrepreneurial, academic, creative and industrial communities shared visions both bold and deeply rooted in local realities, aiming to shape the state’s future growth story.

    The ideas presented reflected a unique blend of innovation, sustainability and cultural relevance, showcasing the vast potential within Kerala. From pioneering concepts like India’s first synthetic biology ecosystem for spices and AI-driven legal tools, to crucial initiatives such as women’s employment platforms, arts-based learning centres and smart elder care infrastructure, the breadth of topics were remarkable. Discussions ranged across healthcare reform, agritech, startup talent engines and digital creative hubs, underscoring the diversity of Kerala’s strengths and a collective appetite for reimagining what’s possible for the state.

    The event saw enthusiastic participation from around 100 attendees, including prominent business leaders, entrepreneurs and ecosystem enablers from across Kerala, creating a vibrant platform for dialogue and collaboration. The national significance of this initiative was highlighted by the presence of Mr. Abhyuday Jindal, President of ICC and Managing Director of Jindal Stainless and Dr. Rajeev Singh, Director General of ICC, who attended in person. Mr. Ameya Prabhu, Past President of ICC, also joined virtually, further emphasizing the Chamber’s commitment to its expansion in the state.

    Speaking on the occasion, Mr. Vinay James Kynadi, Chairman, ICC Kerala Council, stated, “ICC’s Kerala Council will curate the 40 ideas shared today and work toward bringing them to fruition by mapping viable action plans, setting up focused sectoral committees and forging the right partnerships and relationships.” Mr. Abhyuday Jindal, President, Indian Chamber of Commerce, added, “This is an initiative by which ICC aims to hear from stakeholders in different industries in Kerala about how they think positive change can be brought about in the state.” Dr. Rajeev Singh, Director General, Indian Chamber of Commerce, further highlighted, “ICC has a global network with offices in 15 states across India and 25 countries worldwide. We believe Kerala will benefit from the synergies that can arise from ICC’s network, its 100-year heritage and deep experience in enabling and promoting trade and commerce.”

    Above all, “Reimagine Kerala 2025” showcased a collective will to move beyond traditional silos and spark actionable change. The ICC Kerala Council now carries forward this significant momentum, committed to curating and championing these innovative ideas as part of its broader vision to shape a more inclusive, prosperous and future-ready Kerala. This event marks a pivotal step in the Chamber’s journey to foster entrepreneurship, advocate for progressive policies and enable cross-sector collaboration within the state.

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  • Rajputana Industries’ Revenue Soars 40% YoY in Q1 FY26

    Rajputana Industries’ Revenue Soars 40% YoY in Q1 FY26

    Mumbai (Maharashtra) [India], August 6: Rajputana Industries Limited (NSE: RAJINDLTD), a renowned name in manufacturing of non-ferrous metal products, has announced its Un-Audited Financial Results for Q1 FY26.

    Q1 FY26 Key Financial Highlights

    • Total Income of ₹ 167.19 Cr, YoY growth of 40.46%
    • EBITDA of ₹ 6.63 Cr, YoY growth of 9.46%
    • PBT of ₹ 3.75 Cr, YoY growth of 23.56%
    • Net Profit of ₹ 2.79 Cr, YoY growth of 22.74%

    Commenting on the performance, Mrs. Shivani Shaikh, Chairman and Managing Director of Rajputana Industries Limited, said, “Our Q1 FY26 performance underscores the strength of our business model and our ongoing commitment to operational excellence. As a company deeply rooted in non-ferrous metal recycling, our capability to transform quality scrap into high-grade copper, aluminium, brass, and alloy products continues to position us as a reliable and value-driven player in the industry.

    The global winding wire market is on a strong growth trajectory, projected to expand from USD 14.88 billion in 2024 to USD 23.02 billion by 2030, fueled by rising demand across automotive, industrial machinery, electronics, and renewable energy sectors. As a key material in motors, transformers, and generators, winding wire plays a critical role in enabling electric mobility and energy-efficient technologies.

    Looking ahead, we are focused on scaling our manufacturing capabilities, enhancing product quality, and leveraging emerging opportunities across electric mobility, energy, and infrastructure sectors. With a clear strategic vision and favorable industry tailwinds, we are well-positioned to drive sustained growth and long-term value creation.”

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  • Repono Limited Strengthens Post-Listing Momentum with Strategic Contract Wins Worth INR 10 Plus Cr

    Repono Limited Strengthens Post-Listing Momentum with Strategic Contract Wins Worth INR 10 Plus Cr

    Mumbai (Maharashtra) [India], August 6: Repono Limited (BSE:  544463), one of a leading provider of 360-degree warehousing and liquid terminal solutions to India’s oil and petrochemical sector, has announced two significant contract developments post its recent successful listing on the BSE SME platform, collectively valued at over ₹10 Cr.

    Declared L1 Bidder and Awarded Work Order for Oil India’s EOR Facility

    In a significant development, Repono has been declared the Lowest (L1) Bidder and has received the work order for the Operations & Maintenance of the Water Injection Plant at Oil India Limited’s Enhanced Oil Recovery (EOR) unit. The contract, valued at 5.2 Cr, is expected to commence in September 2025, following the completion of initial mobilization and related formalities.

    Operations Commence at MRPL Refinery, Mangalore

    In another development, Repono has commenced end-to-end Material Handling Services at the prestigious MRPL Refinery in Mangalore in July 2025. The 4.92 Cr contract encompasses integrated material movement across MRPL’s warehouses, yards, and sheds. This engagement marks a key expansion into one of India’s most strategically important refining zones, reinforcing Repono’s position as a trusted partner in critical infrastructure operations.

    The win reflects Repono’s proven capabilities in managing mission-critical upstream infrastructure, where precision, uptime, and technical competence are paramount. It also highlights the company’s ability to deliver reliable O&M solutions in high-pressure environments, aligned with the stringent standards of leading oil sector PSUs.

    Commenting on the development Mr. Dibyendu Deepak, Managing Director of Repono Limited said, “We are pleased with the pace of progress we’ve made in a short span of time. Starting operations at MRPL and being selected as the lowest bidder for the Oil India project, for which we have now received the work order, are important milestones for us. These wins reflect the growing trust in our capabilities and the dedication of our team on the ground.

    As we step into this new chapter, we remain focused on delivering value through dependable execution, safety-first operations, and a problem-solving mindset. There is a long road ahead, and we are excited about the opportunities that lie before us. With every new engagement, we are strengthening our foundation to serve India’s energy and infrastructure sectors more meaningfully.

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  • Emerald Finance’s EMERALD EWA App Goes Live on Google Play Store

    Emerald Finance’s EMERALD EWA App Goes Live on Google Play Store

    Mumbai (Maharashtra) [India], August 6: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has announced the official launch of its employee-centric mobile application, ‘EMERALD EWA’, now available on the Google Play Store.

    Exclusively accessible to employees of companies registered with Emerald, the EMERALD EWA app represents a major step forward in digitizing and streamlining access to earned salaries. The launch reinforces Emerald’s commitment to empowering the modern workforce with responsible, tech-enabled financial solutions that address short-term liquidity needs—instantly and securely.

    The app is powered by Emerald’s proprietary, API-driven platform that integrates seamlessly with employer payroll systems and time-tracking software. This real-time integration enables employees to access up to 40% of their earned salary—at any time during the pay cycle—through a fully automated system. The repayment is deducted directly from their salary on payday, ensuring zero delinquencies and nil NPAs since inception.

    The company generates revenue through a nominal processing fee of 1.5% to 2% per transaction. This structure has consistently yielded an internal rate of return of around 24% annually, supported by high operational efficiency and a robust risk-mitigation model.

    Comment on the EWA Program Mr. Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are proud to launch the EMERALD EWA app, which marks a major milestone in our digital transformation journey. This platform is designed to empower employees of our partner corporates with instant, flexible access to their earned wages—eliminating dependency on high-cost credit while promoting financial wellness.

    From a business perspective, the app not only enhances user engagement and service delivery but also strengthens our recurring revenue model through higher transaction volumes and deeper client integration. As we continue to scale, this mobile-first approach will serve as the foundation for rolling out additional salary-linked financial products such as personal loans, gift vouchers, and invoice discounting—unlocking new growth opportunities.

    We believe this launch is a strong step toward positioning Emerald Finance as one of the leaders in India’s evolving earned wage access landscape and a trusted financial partner for the country’s workforce.”

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  • Lord’s Mark Industries Ltd to Go Public on BSE, Eyes NSE Listing and Global Expansion

    Lord’s Mark Industries Ltd to Go Public on BSE, Eyes NSE Listing and Global Expansion

    Mumbai (Maharashtra) [India], August 5: Lord’s Mark Industries Ltd, a prominent and rapidly growing Indian conglomerate with business interests spanning healthcare, diagnostics, renewable energy, and cutting-edge technology, is poised to make its mark on the capital markets with an upcoming listing on the Bombay Stock Exchange (BSE). This milestone move reflects the company’s strategic ambition to elevate its presence, not just within India, but across global business landscapes.

    This listing follows the company’s recent National Company Law Tribunal (NCLT) clearance for the merger with Lord’s Mark India Ltd (formerly Kratos Energy and Infrastructure Ltd) — a significant development that is reshaping the group’s business trajectory. The merger is designed to unlock operational efficiencies, enabling greater resource optimisation, streamlined management, and robust expansion into new verticals.

    Beneficial Share Swap for Investors

    As part of the merger structure, shareholders of Lord’s Mark Industries Ltd will be entitled to a share swap ratio of 1:1.25. For every share held in Lord’s Mark Industries Ltd, investors will receive 1.25 shares in the newly consolidated Lord’s Mark India Ltd. This favourable ratio underscores the company’s commitment to creating value for its shareholders and supports the vision of building a stronger, more dynamic corporate entity.

    Strong Global Investor Backing and Strategic Partnerships

    The announcement of the BSE listing has also been accompanied by significant interest from international investors, demonstrating robust confidence in Lord’s Mark Industries’ diversified business approach, resilience, and forward-looking strategies. Notably, the company has received a high-value proposal for a global partnership concerning its Medtech product line—a flagship portfolio in the green energy segment. This partnership is poised to accelerate the company’s international reach and solidify its standing as a key player in the renewable energy market.

    Capital Market Journey: BSE Launch, NSE on the Horizon

    The BSE listing serves as the launchpad for Lord’s Mark Industries’ wider capital market journey. With eyes set on further growth, the company has initiated plans to pursue a listing on the National Stock Exchange (NSE) within the next six months. This dual-exchange presence is anticipated to boost stock liquidity, expand the investor base, and enhance visibility among both domestic and foreign institutional investors. The NSE listing will also offer better price discovery and increased access to capital—factors that are crucial for the company’s future growth plans.

    To know more, visit: www.lordsmark.com

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  • Shera Energy Delivers 52 Percent YoY Surge in Consolidated PBT in Q1 FY26

    Shera Energy Delivers 52 Percent YoY Surge in Consolidated PBT in Q1 FY26

    Mumbai (Maharashtra) [India], August 6: Shera Energy Limited (NSE – SHERA),is one of the leading manufacturers of winding wires and strips made from non-ferrous metals, has announced its un-audited Financial Results for Q1 FY26.

    Q1 FY26 Consolidated Key Financial Highlights

    • Total Income of ₹ 387.81 Cr, YoY growth of 31.14%
    • EBITDA of ₹ 19.34 Cr, YoY growth of 15.34%
    • PBT of ₹ 9.61 Cr, YoY growth of 52.41%
    • Net Profit of ₹ 7.05 Cr, YoY growth of 49.19%
    • Diluted EPS of ₹ 2.24, YoY growth of 28.74%

    Commenting on the Performance, Mr. Naseem Shaikh, Chairman and Managing Director, Shera Energy Limited expressed, “We concluded the first quarter of FY26 with strong momentum, marked by both financial growth and strategic progress. Our consolidated performance reflects healthy demand across key sectors and the continued strength of our integrated business model.

    One of the most significant milestones this quarter was the acquisition of a copper cathode manufacturing facility in Zambia through our wholly owned subsidiary, Shera Zambia Limited. This move strengthens our backward integration capabilities, providing assured access to high-purity copper, a critical input for our products. It enhances our cost structure, supports margin expansion, and reinforces long-term supply chain resilience. The successful NSE listing approval of our preferential equity shares further underscores investor confidence and strengthens our capital base for future expansion.

    Our growth trajectory is well aligned with the evolving needs of both global and domestic markets. The global winding wire market is projected to grow from USD 14.88 billion in 2024 to USD 23.02 billion by 2030, driven by rising demand from the automotive, industrial machinery, electronics, and renewable energy sectors. As one of the leading manufacturers of high-quality winding wires and non-ferrous metal products, Shera Energy is well-positioned to capitalize on this momentum. Additionally, the increasing demand for copper—fueled by electric vehicles, energy transition, and infrastructure development—reinforces the strategic importance of our recent initiatives.

    Looking ahead, we remain focused on scaling our operations, expanding our global presence, and delivering innovative, value-added products across our portfolio. With the non-ferrous metals market expected to witness strong and sustained growth—particularly in India at a projected CAGR of over 5% till 2033—Shera Energy is committed to seizing these opportunities through technological advancement, supply chain optimization, and sustainability-driven manufacturing. We are confident that our integrated business model, supported by strong industry fundamentals, will enable us to accelerate growth and create long-term value.”

    Q1 FY26 Key Business Highlights

    Acquisition of Copper Cathode Plant in Zambia
    • Acquires copper cathode plant in Zambia via Shera Zambia Limited.
    • Produces 99.99% pure copper from local copper oxide ores.
    • Initial capacity: 1,200 MT/year; target to scale up to 5,000 MT.
    • Supports backward integration
    Secures NSE Listing Approval 
    • Received NSE listing approval of 16,51,000 preferential equity shares.
    • Paid-up capital increased to ₹24.44 Cr.

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  • Catalyzing the Future of Work: How Enzyme Office Spaces Are Redefining Modern Workplaces

    Catalyzing the Future of Work: How Enzyme Office Spaces Are Redefining Modern Workplaces

    New Delhi [India], August 5: In an exclusive interaction, Ashish Agarwal, Co-Founder of Enzyme Office Spaces, delves into how the brand is reshaping the modern workplace through dynamic, wellness-driven, and sustainable design. 

    Moving beyond the confines of traditional office layouts, Enzyme creates adaptive, human-centric environments that foster creativity, collaboration, and holistic well-being. 

    With a philosophy rooted in flexibility and innovation, these “living offices” are not only built for today’s hybrid workforce but are also equipped to evolve alongside the ever-changing demands of modern businesses.

    1. Can you explain how enzyme office spaces differ from traditional office environments, and what advantages do they offer in terms of productivity and employee well-being?

    Enzyme office spaces are a radical departure from the rigid, one-size-fits-all model of traditional offices. Instead of fixed cubicles and standardized layouts, enzyme spaces are dynamic, human-centric environments designed to “catalyze” interaction, movement, and collaboration—much like enzymes in biological systems. They prioritize fluidity, personalization, and purpose-driven design. This enhances productivity by enabling people to choose spaces that match their task—be it focused work, collaborative brainstorming, or relaxation. Moreover, elements like biophilic design, natural lighting, ergonomic furniture, and noise control contribute significantly to physical and mental well-being, reducing burnout and boosting satisfaction.

    1. What specific design elements or features are integrated into enzyme office spaces to foster collaboration and creativity among employees?

    Enzyme office spaces incorporate a variety of thoughtfully curated design features that stimulate collaboration and creativity. These include open lounges with flexible seating, writable walls, idea pods, huddle zones, and unassigned seating that encourages spontaneous conversations. Activity-based zones allow teams to move between focused work areas and social hubs, breaking silos and promoting cross-functional synergy. Additionally, art installations, color psychology, indoor gardens, and sensory design are often used to inspire creativity and create an emotionally engaging environment. Technology integration—such as smart whiteboards, interactive projectors, and collaboration tools—seamlessly supports innovation in real-time.

    1. How does the layout and architecture of enzyme office spaces contribute to sustainability goals and environmental responsibility?

    Sustainability is embedded in the DNA of enzyme office spaces. The architecture often incorporates eco-friendly materials, energy-efficient lighting, solar power integration, water-saving fixtures, and HVAC systems with smart climate control. Modular construction reduces waste and allows for easy reconfiguration, extending the space’s lifecycle. Green walls and indoor plants improve air quality and reduce carbon footprints, while natural light maximization cuts down on energy use. Furthermore, smart sensors monitor occupancy and adjust lighting and temperature dynamically, ensuring minimal energy waste. By combining wellness with sustainability, enzyme offices promote responsible resource use without compromising comfort.

    1. In what ways do enzyme office spaces accommodate the evolving needs of modern businesses, especially in terms of flexibility and adaptability?

    Enzyme spaces are built for change. They offer modular layouts that can be quickly reshaped to suit different team sizes, project demands, or company growth. Moveable partitions, multipurpose furniture, and plug-and-play tech infrastructure allow businesses to pivot without major renovations. Such adaptability is key for startups scaling up or enterprises shifting between hybrid and on-site models. These spaces support diverse workstyles—from quiet focus zones to high-energy collaboration hubs—enabling organizations to remain agile in an unpredictable business landscape. They’re essentially “living offices” that evolve in sync with organizational needs.

    1. How do enzyme office spaces support hybrid work models and enhance the overall employee experience in a post-pandemic work culture?

    In the post-pandemic era, enzyme office spaces serve as powerful enablers of hybrid work. They blend the best of remote and in-office settings by offering purpose-driven spaces—designed for team alignment, innovation, and social interaction—that complement home-based solo work. Touchdown areas for transient workers, bookable collaboration zones, integrated video conferencing tools, and seamless connectivity make transitions between physical and virtual workspaces effortless. Moreover, wellness-focused features such as air purification, contactless entry, and circadian lighting cater to health-conscious employees. By supporting autonomy, community, and purpose, enzyme office spaces help companies redefine work culture around trust, flexibility, and human connection.

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