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22 Aug

Madhvani Group Begins Formal Acquisition of HNGIL After NCLT Approval

MediaCatalystBusiness

Mumbai: Following the approval of the ₹2,250 crore resolution plan by the National Company Law Tribunal (NCLT), the formal acquisition process of Hindustan National Glass & Industries Limited (HNGIL), listed on both NSE and BSE, has begun. The Monitoring (or Transition) Phase will run for 45 days from the date of NCLT approval. During this period, all transitional matters will be overseen to ensure a smooth handover. All concerns, communications, or queries relating to HNGIL are to be addressed to the Monitoring Committee. On August 14, 2025, the NCLT approved the resolution plan submitted by Independent Sugar Corporation Ltd. (INSCO), a…

16 Aug

redBus data reveals 48% surge in travel in Delhi during Independence Day–Janmashtami long weekend

MediaCatalystBusiness, Travel

New Delhi: With the Independence Day–Janmashtami weekend offering an extended break for many, Delhi has recorded the highest surge in travel across the country, with a 48% increase in bus bookings on redBus. The surge points to an increasing inclination toward intercity bus travel during festive periods, influenced by factors like ease of access, quicker journeys, and better connectivity across the country. Destinations indicate a dual travel trend, with hill stations like Dehradun and Rishikesh drawing travellers, while cities in Uttar Pradesh suggest festive homecomings. According to data from redBus, between August 5–18, 2025, Delhi has witnessed a sharp uptick…

11 Aug

Comic Con India 2025-26 Season to Kick Off in Hyderabad on October 31

Kumar AnshumanBusiness, Entertainment

Hyderabad: Comic Con India, the country’s premier pop culture festival, is set to launch its 13th edition in Hyderabad from October 31 to November 2, 2025. Promising an electrifying start to the 2025-26 season, the event will bring together fans of comics, anime, gaming, films, and cosplay for a three-day celebration of creativity and fandom. The Hyderabad edition will feature a stellar lineup of international guests, exclusive merchandise launches, immersive fan zones, and high-energy cosplay competitions. Attendees can also expect live music performances, stand-up comedy acts, and interactive Q&A panels with creators and celebrities. The event will be exclusively ticketed via…

11 Aug

Accops and Mirror Security Partner to Deliver Industry-First Zero Code Exposure Solution for AI Coding Assistants

Kumar AnshumanBusiness

Mumbai: Accops, a Reliance Jio company and provider of Zero Trust Network Access (ZTNA) solutions, partnered with AI security company Mirror Security to launch the industry’s first zero code exposure solution for AI coding assistants. This product integrates Mirror Security’s VectaX, the world’s fastest fully homomorphic encryption (FHE) engine optimized for AI workloads, with Accops’ HySecure ZTNA service enabling enterprises to leverage AI development tools without compromising source code confidentiality. The joint solution allows developers to use AI coding assistants like GitHub Copilot, Cursor, and Windsurf while ensuring that proprietary code, authentication keys, and algorithms remain encrypted end-to-end throughout the…

11 Aug

Goa Launches Mahila Digital Sashaktikaran Yojana to Empower Women Through Digital Skills

Kumar AnshumanBusiness

Porvorim: Goa has launched the Mahila Digital Sashaktikaran Yojana to equip women across the state, especially in underserved areas have the digital skills needed to stay connected, informed, and self-reliant. The scheme was launched at PAC Hall Secretariat, Porvorim by Hon’ble Chief Minister Dr. Pramod Sawant and Hon’ble Minister for Information Technology, Electronics & Communications (ITE&C) Shri Rohan A. Khaunte, in the presence of Hon’ble Chairman, Info Tech Corporation of Goa Ltd, Dr. Chandrakant Shetye, Secretary of DITE&C, Shri. Sanjeev Ahuja, Director of DITE&C, Shri Kabir Shirgaonkar, and Managing Director of Info Tech Corporation of Goa Ltd, Shri. Praveen Volvotkar. …

07 Aug

Shakti Pumps Delivers Robust Start to FY26driven by Resilient Execution and Export Momentum

Kumar AnshumanBusiness

New Delhi: Shakti Pumps (India) Limited (SPIL), announced the financial results for the quarter ended 30th June2025. Shakti Pumps (India) Limited Chairman, Mr. Dinesh Patidar, commented on the company’s performance, “We are pleased to report a strong start to FY26, reflecting the strength of our diversified business model. Our performance this quarter was driven by robust execution in the solar pump segment, consistent export momentum, and strategic investmentsin capacity and technology. We continue to lead the PM-KUSUM scheme with approximately 25% market share across major Indian agricultural states. As of 1st August 2025, our order book stood at approximately Rs.1,350Crs,…

06 Aug

Eveready Industries’ TEFCO Facility Earns BIS Certification for Flashlight Manufacturing

Kumar AnshumanBusiness

Mumbai: — Eveready Industries India Ltd., a leading name in the country’s battery and flashlight market, has announced that its Lucknow-based manufacturing unit, The Eveready Flashlight Company (TEFCO), has received the Bureau of Indian Standards (BIS) certification. This recognition affirms the facility’s adherence to stringent quality and safety standards in flashlight production. The TEFCO plant, one of India’s oldest and largest torch manufacturing units, has been acknowledged for its manufacturing excellence and commitment to quality. The certification comes at a time when the Indian flashlight industry is grappling with challenges posed by unorganised players selling uncertified products through informal channels. These…

25 Jul

Mphasis Invests in Aokah to accelerate AI-driven transformation

Kumar AnshumanBusiness

Mumbai: Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced that Mphasis Corporation, USA, a wholly owned subsidiary of the company, on July 10th 2025, has acquired a 26% preferred equity stake in Aokah a Platform-as-a-Service (PaaS) company designed to help enterprises set up, scale, and optimize next-gen Global Capability Centers (GCCs), to drive speed, intelligence, and efficiency. Through this strategic investment, Mphasis is poised to offer global enterprises who are looking to set-up/optimize GCCs, a Human-Led, AI-Powered end-to-end lifecycle support services and transformative solutions, thus building high-performing GCCs that drive innovation, resilience, and long-term business…

15 Jul

Moglix Enters Energy Sector with New Bitumen Facility in Mathura

Kumar AnshumanBusiness, Energy

Mumbai: Moglix, a major B2B e-commerce and supply chain technology company, has announced its entry into the energy sector with the launch of a greenfield bitumen processing facility under its manufacturing arm, DRG Industries. Located in Kosi Kalan, Mathura, the facility is expected to begin commercial production this month. The plant, spread over 3.5 acres, includes automated processing lines and high-efficiency heating systems designed to reduce environmental impact. With an installed processing capacity of more than 28,000 metric tonnes per month, it marks a significant expansion of Moglix’s manufacturing footprint and its first foray into producing road construction materials. The…

08 Jul

Malabar Gold & Diamonds Inaugurates Landmark Integrated Manufacturing Site, Cementing Its Position as a Global Manufacturing Leader

Kumar AnshumanBusiness

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 400 showrooms across 13 countries, has launched its state-of-the-art, fully integrated jewellery manufacturing unit, the largest of its kind. Located at the General Park, Maheshwaram in Ranga Reddy district and spread over 3.45 lakh sq. ft, the first of its kind integrated manufacturing unit marks the group’s largest among its 14 manufacturing units across India and the GCC countries. Commenting on the launch of the facility, Mr M P Ahammad, Chairman, Malabar Group, said, "Our state-of-the-art integrated jewellery manufacturing unit in Hyderabad, which combines tradition, art, modernity and…