Tag: Business

New Delhi [India], June 10: In a strategic leadership move, Tezar EV has appointed Puran Singh Negi as EV Business Head. With over 23+ years of automotive experience both Internal Combustion Engine and Electric Vehicle(EV). Mr. Negi brings deep industry insight across electric and traditional ICE vehicle Industry.

From Left to Right:

• Mrs. Ashwini Surpur : Managing Director
• Mr. Vijay Kumara Surpur  : Founder & Ceo
• Mr. Puran Singh Negi : Ev Business Head & Chief Operating Officer

In his new role, Negi will lead Tezar EV Business complete operations and strategy, supporting Tezar EV to scale-up across India and overseas. His previous leadership at Jindal Mobilitric, Okaya EV and Ampere By Greaves Cotton was instrumental in advancing electric mobility innovations and establishing EV Green Field Projects and his experience spans across top OEMs like Suzuki, Ampere by Greaves Cotton, Okaya and Jindal in 2W segment.

Vijay Kumar Surpur – Founder & CEO of Tezar EV, called the appointment strategic move as the company prepares to scale and establish its EV Business and strengthen its national and global presence.

Puran Singh Negi said, I on behalf of Tezar EV promise to all stakeholders holders to change the E2W Landscape by Innovation and One Team Culture where execution speed will recreated the rules of Growth and Scale. Here’s to Building Eco System, where “Human to Human” Values are respected to have inclusive growth together for all stakeholders holders! He emphasizing a commitment to product excellence and operational strength to deliver best EV product experience for End- Consumers. As Tezar EV gearing-up to scale its operations, Negi’s leadership is expected to play pivot role in shaping the next generation of green mobility here in India for the Globe.

About Tezar EV

Founded in 2020, Tezar EV as a part of commitment to the Make in India Vision, successfully designed, engineered and developed Electric 2W product entirely In-House.

Core Components are In-House including Battery Pack, Battery Management System, Vehicle Control Unit, Mid Drive Motor, Charging Gun Connector and Digital Display, reflecting company strong hold on vertical interaction and R&D capabilities. Tezar EV Moat is Safety, which is achieved with in-house developed Vehicle Control Unit(VCU) and Battery Management System which not only ensures proper thermal management, but also enables high-end fault detection accuracy with advanced algorithms and vehicle architecture.

Tezar has launched recently its first Two Product with 2 Variants each as N1, N1 Pro, T1 And T1 Pro. Key USPs of Product are in-house developed Chain Drive PMSM Motor which delivers peak power of 6 KW with Battery capacity of 3.5 KW and 2.5 KW options with 150 KM of IDC range in a single charge. Mono suspension at rear to ensure comfort on bumpy roads and Bigger Floor board to give enough leg room for all riders with 21 LTR of Boot-space.

The company already commissioned Manufacturing Facility in Karnataka with Annual Capacity of 60,000 vehicles with Corporate Head office at Bengaluru, Karnataka.

Visit Us Today!

Manufacturing Facility

Sri Vijay E-Vehicles Private Limited 2-16-431/2/1, Mudgal Main Road Lingsugur, Karnataka – 584122

Corporate Office & Experience Centre Tezar Electric Vehicle Private Limited 1st Floor, Mahaveer Arcade, NH-4

1754, Tumkur Rd, Opposite Dasarahalli Metro Station

Vidya Nagar, T.Dasarahalli, Bengaluru, Karnataka – 560058

Call Us: +91 8880262626

Website: www.tezarelectric.com

Email  Us:  support@tezarelectric.com

Experience the future of electric vehicles—schedule a visit or reach out today!

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Mumbai (Maharashtra) [India], June 10: Power & Instrumentation (Gujarat) Limited, (NSE – PIGL, BSE – 543912) one of the leading players in the electrical contracting and equipment industry, has announced its Audited Financial Results for Q4 FY25 & FY25.

Key Standalone Financial Highlights:

FY25

• Total Income of ₹ 171.28 Cr, YoY growth of 73.21%
• EBITDA of ₹ 19.59 Cr, YoY growth of 58.42%
• Net profit of ₹ 11.75 Cr, YoY growth of 99.58%

Q4 FY25

• Total Income of ₹ 55.39 Cr, YoY growth of 47.25%
• EBITDA of ₹ 5.43 Cr, YoY growth of 18.46%
• Net Profit of ₹ 3.11Cr, YoY growth of 16.33%

Commenting on the financial performance, Mr. Padmaraj Padmnabhan Pillai, Managing Director, Power & Instrumentation (Gujarat) Limited said, “We are proud to report an exceptional performance in FY25, which reflects the strength of our execution capabilities and the strategic clarity that guides our operations. Our revenue surged by an impressive 73% year-on-year, while net profit grew by a nearly 100%, underscoring the effectiveness of our growth strategy and the resilience of our business model.

This quarter also marked several strategic milestones in our journey. We made a significant entry into the Solar EPC segment through PIGL’s timely foray, aligning seamlessly with India’s accelerated transition toward renewable energy. By integrating our established manufacturing strengths with emerging project execution capabilities, we are now well-positioned to deliver holistic, high-value clean energy solutions.

In another key development, we successfully entered the Extra High Voltage segment with our first project at the 400 kV level a major leap from our previous experience, which was limited to 66 kV. This marks a pivotal expansion of our technical capabilities and reinforces our readiness to participate in India’s evolving power transmission infrastructure.

Furthermore, we are delighted to announce the receipt of two prestigious orders from Nyati Engineering & Construction Private Limited, collectively valued at ₹46.18 Cr. These projects involve the complete design, supply, installation, testing, commissioning, and handover of the electrical power supply systems at the Udaipur Air Terminal in Rajasthan. This achievement further cements our growing presence in the Airport Electrical Infrastructure segment and reaffirms our expertise in executing mission-critical, high-value projects.

Together, these strategic advances, coupled with our strong financial performance, lay a solid foundation for sustained growth and long-term value creation for all our stakeholders.”

Key Operational Highlights

PIGL Entered Into The Solar EPC Sector

• Secured a ₹17.07 Cr EPC contract from A2 Green Energy Pvt. Ltd. for a 5 MW (AC) solar power project in Latur, Maharashtra.
• Scope includes complete Engineering, Procurement, and Construction—covering supply, installation, testing, and commissioning.
• Project to be completed within 18 months from commencement date.

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Chandigarh [India], June 10: In today’s era of smarter living and conscious design, homeowners are seeking solutions that offer ease of access without compromising on space, aesthetics or traditional values. The Enta-Villa Lift by TK Elevators brings all of these together in a refined, pitless elevator system—designed for modern Indian homes and built with German precision.

What is a Pitless Lift?

A pitless lift eliminates the need for the conventional deep pit at the bottom of an elevator shaft. The Enta-Villa lift requires only 60 – 165 mm, making it perfect for homes where creating a full pit is impractical or undesirable—such as during renovations or in vastu-sensitive zones.

With no need for a machine room and minimal overhead, Enta-Villa is ideal for low-rise residential buildings, duplexes, and independent homes, offering barrier-free vertical movement with elegant design integration.

Vastu-Friendly Design for Positive Energy Flow

Incorporating Vastu Shastra principles into your home can enhance the natural balance and flow of energy. Pitless lifts like Enta-Villa are especially beneficial from a Vastu perspective:

• Deep pits are believed to disrupt the energy field of the home.
• Enta-Villa avoids this disruption by eliminating the need for such voids.
• Smooth, silent mobility within the home enhances the natural flow of positivity and harmony.

By avoiding structural imbalances and unnecessary excavation, Enta-Villa supports a Vastu-compliant layout while enabling modern comfort.

Why Choose Enta-Villa?

Enta-Villa by TK Elevators isn’t just about mobility—it’s about smart use of space, safety, and elegance. Here’s what sets it apart:

• Low pit requirement – Just 60 – 165 mm base.
• No machine room – Saves space and construction effort.
• No overhead projection – Requires only 3150 mm on the top floor.
• Operates on single-phase power – Energy-efficient and cost-effective.
• Max travel up to 18 meters – Suitable for G+3 homes.
• Capacity up to 400 kg – Ideal for 4-5 persons or a wheelchair user.
• Whisper-quiet operation – Enhances peace and comfort.
• Customization options – Choose from aluminum, MS, or glass shafts.
• German-engineered safety – Built with TK Elevator’s renowned quality standards.
• Vastu Compliant – No foul odours or negative energy zones. 

Perfect for New Builds & Renovations

Whether you are constructing your dream home or upgrading an existing space, Enta-Villa’s modular installation and aesthetic adaptability ensure that it blends seamlessly with your interiors—be it classic Indian or contemporary.

Conclusion

The Enta-Villa lift by TK Elevators is a blend of modern innovation and traditional sensibility, designed for Indian homeowners who value function, energy balance, and refined design. With its pitless, machine-room-less architecture, Vastu alignment, and smart engineering, it is rapidly becoming a top choice for home mobility solutions in India.

If you’re planning to install a home lift that respects your space and your values, Enta-Villa is the perfect fit.

For more information, visit the website : https://www.roohki.com/enta-villa-home-elevator

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Mumbai (Maharashtra) [India], June 9:  Dhruv Consultancy Services Limited.(DCSL) (BSE – 541302 | NSE – DHRUV), one of the leading infrastructure consultancy companies in India, is pleased to announce its entry into the international private sector market with a project in the Kingdom of Saudi Arabia. The company has been appointed by Core Axis Company, Jeddah-Makkah, as the Design Consultant for a road infrastructure project.

This milestone contract, valued at USD 22,000 (approximately INR 18.70 lakh), involves a comprehensive consultancy scope including design, profile and cross-section drawings, road markings, signage plans, landscaping, gantry leg foundation, and model verification. The project duration is one month.

This marks Dhruv Consultancy’s first international assignment in the Middle East and its first private sector consultancy project overseas, signifying a strategic step towards becoming a global infrastructure solutions provider.

The long-term vision of the company is to become a global player in the infrastructure consultancy sector in the upcoming decades, and the company is now on the path to achieving this dream. Saudi Arabia’s Vision 2030—a transformative roadmap for economic diversification and infrastructure development—presents immense opportunities. With massive investments in transport, urban infrastructure, tourism, and smart city initiatives, the Kingdom is rapidly becoming a hotspot for world-class engineering and project consultancy services. Dhruv’s entry into this market aligns perfectly with the Kingdom’s goals, enabling the company to contribute meaningfully while capitalising on a wave of large-scale, sustainable development projects.

Upon Dhruv Consultancy Services Limited’s Appointed as a Design Consultant, Mrs. Tanvi Dandawate Auti, Managing Director, stated, “Our appointment as a Design Consultant for a private sector road project in Saudi Arabia is a landmark achievement. It not only affirms the global relevance of our technical expertise but also opens new avenues for international collaboration. We are excited to begin this journey and are committed to delivering excellence on the global stage.

Our strategic focus has always been on diversification—both in terms of geography and sectors. This international foray reinforces our ambition to become a globally recognized infrastructure consultancy firm. We are excited to begin this chapter and remain committed to delivering high-quality, sustainable solutions that contribute to modern infrastructure development worldwide”

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Surat (Gujarat) [India], June 7: In a major step towards financial inclusion for Small and Medium Enterprises (SMEs), Hyderabad-based 7 Hills Fintech Pvt. LTD. formally introduced 7 Fin, its digital-first brand, in Surat. Launching operations from Solaris Bayview, this strategic move marks 7 Fin’s debut in Gujarat.

Bridging the SME Credit Gap

Though SMEs are the backbone of India’s economy, access to adequate and timely credit remains a key challenge. 7 Hills Fintech aims to address this disparity by leveraging modern technology to streamline the lending process.

Among Asian cities, Surat is among those with the fastest rates of growth. Thanks to the robust SME network here, having operations in Surat will help us stay in good shape,” said Jitendra Mishra, Co-founder of 7 Fin. “Our goal is to enable businesses with quick, transparent lending options.”

The Four Founder Members—Pramod Pacchva – Founder Member; Jitendra Mishra; Anil Manwani; and Vasu Reddy—bring vast experience from their time at Standard Chartered Bank, particularly in SME lending, lending operational credibility to the initiative.

Fast, Paperless Credit with Digital Focus

The 7 Fin platform allows users to apply entirely online for credit cards and personal loans using just Aadhaar and PAN. Real-time CIBIL score verification removes the need for paperwork. The process is completely digital, offering speed, transparency, and security.

The mobile application is currently in the Research and Development (R&D) phase, being built in collaboration with a technology partner. Upon launch, it will offer:

• Credit card issuance within 30 minutes
• Personal loan disbursal in 30 minutes to 3 days
• Instant KYC and credit score verification
• Nationwide digital accessibility

A Hybrid Lending Model

While the online platform supports fast access to credit cards and personal loans, 7 Fin will continue to process a wide range of SME loans through its offline network. These include:

• Business installment loans
• Home loans (HL)
• Channel fundraising
• Working capital finance
• Lease rental discounting (LRD)
• Insurance & investment advisory
• IPO support for SMEs

To facilitate this hybrid approach, 7 Fin is empanelled as a Channel Partner with various nationalised, private, and multinational banks and NBFCs.

Strategic Leadership and Expansion Plans

Backed by a seasoned co-founder trio, Pramod Pacchva, Managing Director of 7 Hills Fintech, leads the initiative. The Surat office marks the beginning of a broader expansion strategy, with planned operations in Mumbai, Pune, and Hyderabad over the next two months.

The company’s registered office remains in Hyderabad, while Mumbai serves as the corporate headquarters—reflecting a deliberate focus on urban centers with strong SME ecosystems.

Forward Outlook

Entering a rapidly evolving Indian fintech landscape, 7 Fin distinguishes itself with a value proposition of speed, simplicity, and SME-centricity. Its combination of offline legacy and digital agility positions it as a promising player in India’s digital lending space.

As SMEs seek financial partners that understand their unique challenges, 7 Fin emerges as a nimble, trustworthy ally to bridge India’s SME credit gap.

Mumbai (Maharashtra) [India], June 7: ArcelorMittal Nippon Steel India (AM/NS India) has proudly reinforced its role in India’s infrastructure transformation by supplying critical steel for two of the country’s most iconic railway bridges 70% of flat steel for Chenab Bridge, the world’s highest railway bridge, and 100% of steel for the Anji Khad Bridge, India’s first cable-stayed railway bridge. 

The dedication of the iconic Anji and Chenab bridges by Hon’ble Prime Minister Shri Narendra Modi marks a significant step in realizing the vision of Viksit Bharat by 2047. These engineering marvels truly showcase India’s will and capacity to build a new future. AM/NS India is humbled and proud to have contributed to these vital infrastructure projects by supplying world-class steel, powering India’s journey forward.

AM/NS India supplied 25,000 MT of high-strength structural steel, accounting for 70% of the total steel used in the Chenab Bridge. This included specialised steel grades for different components, high-strength steel for the arch and tailored grades for the pillars, a feat accomplished for the first time in India at this scale. Manufactured at flagship Hazira facility, the steel was produced under tightly controlled parameters and subjected to rigorous quality checks by third-party agencies. These efforts ensured the material’s durability, rust resistance, and suitability for the bridge’s extreme altitude and seismic zone.

For the Anji Khad Bridge, AM/NS India supplied approximately 7,000 metric tonnes of customised fabricated steel structures, meeting 100% of the bridge’s steel requirement. The steel was produced at the Hazira facility and tailored to meet the bridge’s unique structural and environmental demands. To ensure durability and long life, the steel was manufactured under controlled parameters and inspected by third-party agencies with stringent quality standards. The fabrication was carried out almost entirely in-house, with augmented facilities to handle the complexity of the design.

With Precision Planning and Agile Execution, AM/NS India implemented several innovations to enhance precision execution. This included optimised production planning across its facilities to meet specific requirements and timelines, integrated with an agile supply chain management to manage potential disruptions and maintain material flow.

These contributions reflect AM/NS India’s unwavering commitment to nation-building and its ability to deliver complex, high-performance steel solutions under challenging conditions.

On the success of completing two of India’s Greatest Rail Engineering Marvels, Ranjan Dhar, Director and Vice President, Sales & Marketing, ArcelorMittal Nippon Steel India (AM/NS India), said: “This initiative by AM/NS India stands as a true testament to the vision of ‘Viksit Bharat’. The Chenab and Anji Khad Bridge is not just an engineering marvel but a symbol of India’s advancing self-reliance and industrial strength. Our contribution to this landmark project reflects our deep alignment with the national development goals championed by Honourable Prime Minister Narendra Modi.”

He added: “Despite the formidable logistical and infrastructure challenges posed by the remote and mountainous terrain of Jammu & Kashmir, we ensured seamless delivery and execution. By harnessing our capabilities and collaborating with both public and private stakeholders, we are not just building infrastructure, we are shaping a more self-reliant and prosperous India.”

ABOUT ARCELORMITTAL NIPPON STEEL INDIA (AM/NS India):

ArcelorMittal Nippon Steel India (AM/NS India) is a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steel manufacturing organisations. A leading integrated flat carbon steel producer in India, the company has a crude steel capacity of 9 million tonnes per annum with state-of-the-art downstream facilities. It produces a fully diversified range of flat steel products, including value-added steel, and has a pellet capacity of 20 million tonnes.

Mumbai (Maharashtra) [India], June 4:  Amid rising concerns about farmer distress and broken food supply chains, one agri-tech startup is flipping the script — not just by delivering fresher vegetables to cities, but by sowing the seeds of economic dignity and rural empowerment.

Meet DailyGurus — an ambitious, farm-to-business platform reimagining how food moves across India while keeping women at the center of change. With support from SoilBox, a ₹60 lakh catalytic program by OmniActive Improving Lives Foundation, in partnership with Bioriidl, riidl Somaiya Vidyavihar University, DailyGurus is proving that rural resilience and urban freshness can grow from the same root.

In the villages outside Bangalore, DailyGurus has mobilized:

• 50+ small farmers, now earning ₹15,000 more every day by cutting out middlemen.
• 20+ local women, now trained and employed in sorting, cleaning, and tech-enabled packing operations — unlocking stable incomes up to ₹90,000/year.
• City-based cloud kitchens and stores, now sourcing verified, traceable produce with full transparency — knowing where their food came from, when it was picked, and who packed it.

DailyGurus, co-founded by Rajesh M and Gnanashekaran, received a ₹12.5 lakh grant under SoilBox. 20 local women are now handling the sorting, cleaning, and packing of vegetables. They’ve been trained to use simple tech tools and follow high standards. Earlier, they could only find short-term work. Now, they have steady income throughout the year, with a chance to earn up to ₹90,000 annually.

DailyGurus also makes sure that every order is traceable — meaning you can know where the food came from, when it was harvested, and who packed it. This helps keep quality high and builds trust with customers like cloud kitchens, restaurants, and shops across Bangalore.

““When a woman in a village earns her first steady income, or a farmer sees his crops reach the city without exploitation — that’s not just innovation, it’s transformation,” says Rushva Parihar, Head, OmniActive Improving Lives Foundation. “DailyGurus is growing more than food — it’s growing hope.”

Beyond funding, SoilBox offers selected startups access to field pilots, mentorship, and peer-learning, helping them refine and scale their solutions in real-world conditions. DailyGurus’ success is rooted in this ecosystem.

“At riidl Somaiya Vidyavihar University, through our partnership with OmniActive Improving Lives Foundation under the SoilBox program, we are proud to support startups like DailyGurus that are working directly with farmers. By enabling farm-to-consumer supply chains, DailyGurus not only uplifts farmer incomes but also fosters a more resilient and transparent food system. This is exactly the kind of grassroots impact SoilBox is designed to nurture,” adds Bhavna Pandya, Chief Incubation Officer at riidl Somaiya Vidyavihar University, which has supported 268 startups and over 1,000 jobs and internships over the last 15 years.

Across regions as diverse as West Bengal, Uttarakhand, Gujarat, and the Nilgiris, SoilBox-supported startups are redefining what’s possible in rural innovation. In Southern India, DailyGurus stands out — showing how reimagining food supply chains can transform lives from village farms to urban kitchens.

About SoilBox:

SoilBox is a catalytic initiative by OmniActive Improving Lives Foundation, in partnership with Bioriidl – riidl Somaiya Vidyavihar University and funded by OmniActive Health Technologies. With a vision to reimagine rural resilience, SoilBox supports startups building farmer-first solutions that are sustainable, scalable, and rooted in local realities. From productivity and market access to circular economy models, the program nurtures ideas that go beyond innovation—forging a future where science, soil, and community come together to transform how India grows, earns, and thrives. The goal: reach 200,000+ farmers and create a lasting ecosystem of rural prosperity.

About OmniActive Improving Lives Foundation

OmniActive Improving Lives Foundation is the social impact arm of OmniActive Health Technologies, committed to building healthier, more resilient communities across India. Through high-impact programs in health, education, agriculture, and sustainability, the foundation has touched over 230,000 lives across nine states. It partners with mission-driven startups, grassroots organizations, and local governments to co-create scalable solutions that drive long-term change. With a focus on innovation, inclusivity, and systems thinking, the foundation empowers underserved communities to thrive—unlocking new pathways to well-being, livelihood, and environmental stewardship for current and future generations.

About riidl Somaiya Vidyavihar University:

riidl Somaiya Vidyavihar University has been bestowed with the National Award for the year 2020 in the Emerging Technology Business Incubator category by the Department of Science and Technology, Government of India.

riidl Somaiya Vidyavihar University supports the creation and incubation of early-stage companies from ideation to commercialization by providing them with resources, labs, facilitating government grants, investor connections, funding and mentorship. Business incubators of riidl Somaiya Vidyavihar University are supported by the Department of Science & Technology; BIRAC, Department of Biotechnology, Government of India and Maharashtra State Innovation Society, Government of Maharashtra. It has incubated over 268 startups and facilitated in creating 1000+ jobs and internship opportunities while the total revenue generated by the startups is over INR 400 Cr. Among these, our bio-incubator has supported 74 life sciences startups with 3 successful exits and over 30 research projects.

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