Tag: Business

Chennai (Tamil Nadu) [India], July 18: Sathlokhar Synergys E&C Global Limited (NSE – SSEGL), one of the leading Chennai-based EPC players specializing in integrated infrastructure solutions, has announced the receipt of two significant project orders amounting to a combined value of ₹ 16.44 Cr.

Project 1: Almonard Private Limited

• Client: Almonard Private Limited (Part of Almonard Group, a 50+ year old industrial fan brand)
• Location: Plots No. 39 to 46, Omshakthy Industrial Park, Thirumudivakkam, Kundrathur, Kanchipuram, Tamil Nadu
• Scope of Work:
  • Civil construction
  • Plumbing
  • Electrical works
• Order Value: ₹12.69 Cr (Including GST)

Project 2: High Glory Footwear India Private Limited

• Client: High Glory Footwear India Pvt. Ltd. (Subsidiary of Pou Chen Corporation, Taiwan)
• Location: Plot No. A-1, SIPCOT Industrial Park (SEZ), Mangalampettai Elavanasur Kottai Road, A. Sathanur Village, Ulundurpet, Kallakurichi, Tamil Nadu
• Scope of Work:
  • Execution of MEP works
  • Installation of chiller unit (MEP-1A)
• Order Value: ₹3.75 Cr (Excluding GST)

With these new additions, the total order book value of Sathlokhar Synergys E&C Global Limited now stands at ₹ 891.36 Cr, scheduled for execution over the next 9 to 11 months.

On the receipt of the orders, Mr. G. Thiyagu, Managing Director of Sathlokhar Synergys E&C Global Limited said, “We are delighted to have been entrusted by Almonard Private Limited and High Glory Footwear India with these prestigious projects. These orders reflect the continued trust our clients place in our integrated capabilities, technical expertise, and execution excellence.

Our team remains fully committed to delivering these assignments within the stipulated timelines, upholding the highest standards of quality, safety, and efficiency. We view these wins as further validation of our position as a reliable partner in India’s evolving infrastructure landscape.”

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New Delhi [India], July 21: Globe Civil Projects Limited, (NSE – GLOBECIVIL | BSE – 544424), Company engaged in diverse infrastructure and non-infrastructure EPC projects across India, is pleased to announce the receipt of a prestigious order from NBCC (India) Ltd. valued at ₹ 172.99 Cr. The project entails the development of infrastructure facilities and buildings for the Central University of Punjab at Village Ghudda, District Bathinda, Punjab, on an EPC basis.

The scope of work under this comprehensive infrastructure contract includes construction of key institutional and residential buildings such as:

• A 400-seater Girls Hostel
• A 600-seater Boys Hostel
• One Academic Block
• A 100-seater International Students Hostel
• Vice Chancellor’s Residence
• Extensive external development works for campus infrastructure

The project is scheduled to be completed within a span of approximately 21 months.

This order underscores Globe Civil Projects Limited’s strong execution capabilities in large-scale institutional and educational infrastructure. It reflects the continued trust placed by government bodies like NBCC in the company’s ability to deliver quality EPC solutions, on time and across diverse geographies.

On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited said, “We are delighted to win this landmark ₹ 172.99 Cr mandate from NBCC for the Central University of Punjab. The project deepens our presence in the education-infrastructure segment and validates Globe Civil Projects Limited’s ability to deliver end-to-end EPC solutions for large, multifaceted campuses. We appreciate NBCC’s continued confidence in our expertise and look forward to partnering closely with all stakeholders to create future-ready academic and residential facilities that will serve students and faculty for decades to come.

Our multidisciplinary team spanning civil, structural, MEP, and project-management specialists is fully mobilised to complete the works within the stipulated 21-month schedule. We will leverage proven construction technologies, rigorous safety protocols, and robust quality-assurance systems to ensure on-time, on-budget delivery while upholding the highest standards of workmanship and environmental stewardship. This project exemplifies our commitment to engineering excellence, operational efficiency, and value creation for our clients and the communities we serve.”

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Mumbai (Maharashtra) [India], July 21: Cupid Limited, (BSE – 530843, NSE – CUPID), is delighted to announce that its Chairman & Managing Director, Mr. Aditya Kumar Halwasiya, has been named to the Avendus Wealth – Hurun India U30 List 2025. This prestigious accolade recognizes India’s most dynamic young leaders under 30 who are driving innovation, transformation, and sustainable growth in their respective fields. Under Mr. Aditya Kumar Halwasiya’s leadership, Cupid Limited has undergone a remarkable transformation, evolving from a primarily export-driven manufacturer to a prominent, consumer-centric brand in India’s fast-growing personal care and FMCG sector. His strategic vision has diversified the company’s portfolio, expanded its presence in domestic markets, and reinforced its commitment to innovation and quality.

Mr. Halwasiya’s forward-thinking approach has propelled Cupid Limited to new heights, positioning it as a key player in the FMCG landscape. His emphasis on sustainability, diversified product offerings, and operational excellence has significantly strengthened the company’s growth trajectory while enhancing its reputation for delivering high-quality, consumer-focused products.

The Avendus Wealth – Hurun India U30 List 2025 shines a spotlight on the next generation of visionaries shaping the future of Indian enterprise. Mr. Halwasiya’s inclusion underscores his pivotal role in steering Cupid Limited toward a future defined by innovation, resilience, and long-term value creation.

Commenting on the Achievement, Mr. Aditya Kumar Halwasiya, Chairman and Managing Director said, “It is truly an honour to be featured in the Avendus Wealth – Hurun India U30 List 2025. This recognition reflects the shared dedication, innovative spirit, and relentless drive of the entire Cupid team. I’m grateful to be part of a generation that has the opportunity to redefine the future of Indian enterprise. For me, this is not just a milestone, but a motivation to continue pushing boundaries, fostering innovation, and building a legacy of value and trust.”

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Dehradun (Uttarakhand) [India], July 19:  In the heart of Dehradun, Maya Devi University (MDU) is transforming aspirations into realities, proving that a global-standard education can indeed bridge the gap between modest beginnings and extraordinary career success. Each year, hundreds of students from small towns and villages, armed with vigorous aspirations, embark on a journey that culminates in high-profile careers and impressive paychecks. MDU doesn’t just offer degrees; it provides trend-setting programs, instills unwavering confidence, and builds a future-ready workforce.

The placement statistics at MDU speak volumes about this transformative journey. With students consistently securing positions in top-tier industries like IT, banking, healthcare, and more, often with remuneration packages that exceed expectations, the outlook for graduates is exceptionally promising. Each success story is a testament to a life permanently changed, underscoring the belief that with the right support, ambition knows no bounds.

MDU’s Ascent as a Job-Ready Institution in Tier-2 India

Maya Devi University, recognized as one of the top universities in Dehradun and one of the best universities in Uttarakhand, is actively rewriting the narrative for students from Tier-2 cities. The university plays a pivotal role in helping students realize their dreams of transitioning from small communities to major corporate headquarters, shaping countless futures year after year.

The university’s 2024 placement record truly stands out. MDU achieved an outstanding total placement rate of 87.30%, with the highest package reaching a remarkable ₹43.6 lakh per annum and an average package of ₹5.6 lakh per annum. Over 550 businesses, including industry heavyweights like Amazon, HCL, Cognizant, Axis Bank, Taj Hotels, Hilton, Cisco, Infosys, and Tata Consultancy Services (TCS), actively participated, offering lucrative opportunities across engineering, banking, IT, finance, and hospitality.

Real Stories: From Rural Roots to Corporate Cubicles

Behind these impressive numbers are compelling human stories – tales of ambition, perseverance, and the transformative power of education at MDU. These are the narratives of students from diverse backgrounds who, through experiential learning, dedicated mentorship, and an unwavering will, have turned their aspirations into successful careers.

• Aman Kumar (Cognizant | ₹7 LPA): “Coming from a small town, I never imagined I’d be solving global tech challenges—MDU made it possible.”
• Aastha Shrivastava (IMH | ₹15 LPA): “MDU gave me the foundation to excel in the tech industry.”
• Arman Khan (Wildflower Hall): “Faculty mentorship was key to my success in placements.”
• Rahul Raj Kumar (Aditya Birla Group | ₹12 LPA): “The technical skills I developed at MDU are invaluable in my career.”
• Ritesh Kumar (Running Warehouse | ₹40 LPA): “Case studies at MDU trained my mind to think critically—and that’s what helped me crack top interviews.”
• Tamanna Sharma (IBM | ₹29.14 LPA): “My first step into AI began in MDU’s labs—today, I work on innovations that shape tomorrow.”
• Prashant Bharti (Nielsen | ₹12 LPA): “The research culture at MDU opened doors to data science roles I once thought were out of reach.”

“What really excites me is seeing students from all walks of life step into their dream careers because of the confidence and skills they’ve built here,” says the Head of MDU’s Placement Cell. “Employers today want more than just a degree—they want people who can think on their feet and bring fresh ideas. That’s what we focus on at MDU: helping every student believe in themselves and get ready for the real world.”

MDU: An Emerging Global Education Hub Driven by Innovation

Maya Devi University, Dehradun, is not merely an educational institution; it has become an Innovation-Driven and Holistic Growth-Oriented powerhouse, moving beyond traditional learning to connect students with technology, creativity, and social impact. Its state-of-the-art laboratories, industry-focused curriculum, and practical learning environment have transformed MDU into an emerging global education hub in Dehradun, where ideas truly become innovations.

A prime example of MDU’s innovative spirit is the recently organized #DigitalCatalystProgramme 2025. This entirely free residential program was specifically designed for 100 rural and underprivileged students who excelled in the Uttarakhand Board. Participants received training in digital technology, innovation, and change-making, learning Python programming, mobile app development, data analysis, and AI tools, alongside leadership and social impact skills. They also gained hands-on scientific experience at the Regional Science Center in Dehradun. The “Dummy Shark Tank” session during the program saw students confidently presenting their “Tech-for-Change” ideas, fostering critical thinking and creative problem-solving.

The most exciting aspect was the “AI and Future Tools” workshop, led by Dr. Sachin Chaudhary, a PhD from IIT Ropar and NTU Scholar. In this session, students gained practical experience in content creation, human-machine interaction, and digital creativity using modern digital tools like ChatGPT, Canva, Suno AI, and Vo.dev. This initiative highlights MDU’s commitment to equipping students with the most relevant skills for tomorrow’s digital economy.

A 360-Degree Growth Platform for a Secure Future

Maya Devi University ensures students are not just degree holders but are equipped with skills, global exposure, and real-time learning, propelling them toward 360-degree growth. Recognized and approved by UGC, NCTE, PCI, and the Uttarakhand Government , MDU offers over 150+ undergraduate, postgraduate, and research programs, providing comprehensive opportunities tailored to students’ interests and career goals. The university’s industry-focused academic model, innovative teaching methods, modern laboratories, and industry-ready programs meticulously prepare students to thrive in a competitive world. For aspiring students, the   MDUCET 2025 offers an exceptional opportunity to secure up to 100% merit-based scholarships. This examination not only identifies talent but also provides a powerful academic platform, ensuring that financial limitations do not hinder academic aspirations.

Maya Devi University admissions are now open. If you are seeking an institution that offers excellence in both education and career opportunities, Maya Devi University, Dehradun, is the ideal choice for a bright future. Here, students not only build successful careers but also enjoy the enriching city life that Dehradun offers. Start your journey with us – apply now and unlock your true potential!

Contact Our Admissions Team Today: For assistance with courses, eligibility, scholarships, and more: Admission Helpline: 7060211144, 08071296476 , Email: admissions@maya.edu.in

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Mumbai (Maharashtra) [India], July 18: AFCOM Holdings Limited (AFCOM), (BSE – 544224), one of the leading players in the air cargo transportation sector, has announced the launch of a new international cargo route to Hanoi, Vietnam, effective July 2, 2025. This strategic expansion strengthens AFCOM’s growing international footprint and reinforces its commitment to offering seamless and efficient logistics solutions across Asia.

In a significant development aligned with this expansion, AFCOM has also signed an interline agreement with Viet Jet, a prominent Vietnamese airline. This collaboration is set to unlock seamless cargo connectivity between India, South Korea, Taiwan, and Hong Kong via Vietnam, delivering integrated, end-to-end logistics solutions for businesses across Asia.

The newly introduced route is part of AFCOM’s broader strategy to expand its cargo network across fast-growing and high-potential markets. South Korea and Taiwan have emerged as two fastest growing trade lanes in the region, while Hong Kong continues to be a critical hub for cross-border e-commerce and high-value cargo imports into India.

Commenting on the developments, Capt. Deepak Parasuraman, Chairman & Managing Director of AFCOM Holdings Limited, said, “The launch of our Vietnam operations and interline agreement with Viet Jet represents a step forward in AFCOM’s vision to create a highly connected and agile cargo network across Asia. Vietnam’s strategic location allows us to unlock faster access to vital trade lanes such as South Korea, Taiwan, and Hong Kong—regions that are increasingly critical to the global supply chain. This expansion supports our goal of offering reliable and efficient cargo solutions across Asia. We continue to focus on building a strong and integrated logistics network that meets the growing needs of our customers. By improving cross-border access and transit times through such strategic partnerships, we aim to deliver greater value and service efficiency in the markets we operate in.”

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New Delhi [India], July 18:Moksha Media Production Pvt. Ltd. has been appointed as one of the digital communication partners for Bangalore International Airport Limited (BIAL). The agency will be responsible for managing digital communications related to the commercial offerings at Kempegowda International Airport Bengaluru (BLR Airport).

This appointment comes following a multi-agency pitch process, with Moksha Media being selected for its integrated capabilities across strategy, content, and digital media.

Under this engagement, Moksha will lead social media management, content creation, digital campaigns, and brand storytelling related to the commercial experiences at BLR Airport, including retail, dining, services, and other non-aero offerings. The focus is to enhance passenger engagement and drive visibility for the airport’s commercial ecosystem.

Asher Gianchandani, CEO of Moksha Media Productions, said: “To be associated with a marquee brand like BIAL is an exciting milestone. We look forward to creating memorable digital narratives that bring the commercial offerings at BLR Airport closer to travellers and enhance the airport’s brand experience.”

BLR Airport, operated by BIAL, is known for its world-class infrastructure, innovation, and customer-centric approach. This partnership with Moksha is expected to support the continued evolution of its commercial storytelling across digital and social platforms.

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Mumbai (Maharashtra) [India], July 18:  Swastika Castal Limited, one of the leading manufacturers of aluminium castings, Headquartered in Vadodara, Gujarat, the company is known for its expertise in sand casting, gravity die casting, and centrifugal casting, has announced the opening of its IPO on July 21, 2025, with a proposed issue size of ₹14.07 Crores, and the shares are proposed to be listed on the SME Platform of BSE Limited (BSE SME).

Equity Share Allocation

• Market Maker – 1,10,000 Equity Shares
• Retail Individual Investors (RII) – 10,28,000 Equity Shares
• Others – 10,26,000 Equity Shares

The net proceeds from the IPO will be utilised towards capital expenditure for the acquisition of plant & machinery and the construction of sheds & buildings, meeting working capital requirements, and general corporate purposes.

The issue will open for public subscription on Monday, July 21, 2025, and close on Wednesday, July 23, 2025.

Horizon Management Private Limited is the Lead Manager to the issue, and Accurate Securities & Registry Private Limited is the Registrar to the issue.

Mr. Varun Sharda, Promoter and Managing Director of Swastika Castal Limited, expressed: “Swastika Castal Limited’s entry into the capital markets marks a pivotal milestone in our journey of precision engineering, innovation, and global expansion. Over the years, we have established ourselves as a trusted manufacturer of high-precision aluminium castings, serving mission-critical industries across India, Europe, Japan, and the USA.

With deep expertise in sand, gravity die, and centrifugal casting, supported by advanced manufacturing systems and ISO-certified processes, we deliver tailored, high-performance solutions to sectors like automotive, railways, power transmission, and oil & gas.

Highlights:

• Fresh Issue Size – 21,64,000 Equity Shares of ₹ 10 each
• Issue Size – ₹ 14.07 Crores 
• Issue Price – ₹ 65 Per Share
• Lot Size – 2,000 Equity Shares

Our journey has been shaped by continuous investment in advanced machinery, skilled manpower, and rigorous testing systems that meet global quality standards. Guided by experienced leadership, we consistently provide reliable and precise solutions to diverse clients.

The capital raised from this IPO will enable us to expand manufacturing infrastructure, enhance working capital, and strengthen our global presence. As we enter this new growth phase, we remain committed to creating lasting value and reinforcing Swastika Castal’s reputation as a trusted leader in aluminium castings aligned with the ‘Make in India’ vision.”

Mr. Sanjay Dubey, Chief executive officer of Horizon Management Private Limited said,
“The aluminium casting industry is poised for significant growth driven by increasing industrialization, infrastructure development, and rising demand in sectors such as automotive, railways, power transmission, and heavy machinery. Advances in manufacturing technologies and a push for higher precision and quality are further expanding the market potential both domestically and globally.

In this context, companies that leverage technological innovation and maintain rigorous quality standards are best positioned to capitalize on the growing opportunities. Swastika Castal Limited, with its focus on precision engineering and commitment to quality, is well placed to benefit from these industry tailwinds.

We are happy to be a part of Swastika Castal Limited’s IPO journey and confident that the capital raised will help them strengthen their operational capabilities and scale their presence in a rapidly evolving market. This partnership represents an exciting opportunity to support a company poised for sustainable growth and value creation.”

About The Company:

Swastika Castal Limited is one of leading manufacturers of aluminium castings, recognized for its expertise in a wide range of casting techniques including sand casting, gravity die casting, and centrifugal casting. Backed by a skilled technical team and ISO 9001:2008 certified processes, the company delivers consistent quality and customized solutions, earning the trust of multinational clients across the globe. Swastika supplies ready-to-use aluminium components to customers in India, Europe, Japan, and the USA, catering to critical sectors such as automotive, railways, textiles, electricals, and power transmission. Its robust manufacturing ecosystem, built on advanced technology, modern machinery, and rigorous testing infrastructure, has positioned the company as a globally competitive and trusted supplier in the aluminium casting industry. Through its focus on engineering excellence, operational precision, and customer-centric innovation, Swastika Castal continues to strengthen its presence in both domestic and international markets.

In FY25 the company recorded a Revenue of ₹ 2,966.12 Lakhs, EBITDA of ₹ 455.46 Lakhs, and PAT of ₹ 263.49 Lakhs.

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.