Business Archives - Page 6 of 9 - MediaCatalyst : News - Opinion

14 Nov

Rapido Accelerates Growth, Cuts Losses in Q2FY25

MediaCatalystBusiness

Rapido, India’s leading low-cost mobility platform, has reported a strong financial performance for the second quarter of the fiscal year 2025 (Q2FY25). The company achieved a remarkable 2.5x increase in Gross Order Value (GOV) to INR 2,461 Crores, up from INR 977 Crores in the same period last year. This growth was driven by a doubling of ride orders to 207 million, indicating increased user engagement and a larger user base. Despite this significant growth, Rapido managed to reduce its quarterly losses to INR 17 Crores, a significant improvement from the INR 74 Crores loss in Q2FY24. This achievement was…

13 Nov

Saatvik Green Energy Powers Maharashtra with Solar Pumps

MediaCatalystBusiness, Energy

Mumbai: Saatvik Green Energy, a leading solar PV module manufacturer, has taken a significant step towards sustainable agriculture in Maharashtra by securing a contract with the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). The company will supply high-efficiency solar submersible pumps to 250 strategic locations across the state. These solar-powered pumps, ranging from 3HP to 7.5HP, are designed to cater to various agricultural needs, including irrigation, drinking water supply, and livestock watering. They are manufactured using 100% stainless steel and equipped with high-efficiency motors and controllers. The pumps have been certified by NABL accredited labs for their performance and quality.…

13 Nov

Nucleus Software Reports Q2 FY 2024-25 Results

MediaCatalystBusiness

New Delhi: Nucleus Software, a leading provider of lending and transaction banking solutions, has announced its financial results for the quarter and half-year ended September 30, 2024. Key Highlights: Revenue: Consolidated revenue for Q2 FY 2024-25 stood at Rs. 202.2 crore, compared to Rs. 205.3 crore in the same period last year. Profit After Tax (PAT): Consolidated PAT for the quarter was Rs. 33.1 crore, down from Rs. 44.6 crore in Q2 FY 2023-24. Earnings Per Share (EPS): Consolidated basic EPS was Rs. 12.4 for the quarter, lower than Rs. 16.7 in the corresponding period last year. Vishnu R. Dusad,…

13 Nov

HSBC Mutual Fund Uses Whimsical Film to Promote Early Financial Planning for Children’s Dreams

MediaCatalystBanking, Finance, Insurance, Business

Mumbai: HSBC Mutual Fund launched a new digital film titled "Naye Nazariye Ki Udaan" (New Vision's Flight) on Children's Day to highlight the importance of early financial planning for a child's future. The film, created by TheSmallBigIdea, aims to educate young parents about Systematic Investment Plans (SIPs) in mutual funds. It emphasizes the benefits of starting investments early to build a strong financial foundation that can support a child's long-term goals and aspirations. https://youtu.be/zCU_tYPW-yg "Naye Nazariye Ki Udaan" features a father and child team playfully challenging Sherlock Holmes to find lost keys. Through vibrant visuals and witty dialogue, the film…

22 Oct

Impressico Reaches CMMI Level 5, Demonstrating Excellence in Digital Transformation

MediaCatalystBusiness

New Delhi: Impressico, a leading provider of digital transformation solutions, has achieved the highest level of certification under the Capability Maturity Model Integration (CMMI) framework. This milestone, CMMI Level 5, positions Impressico among an elite group of Indian companies demonstrating exceptional process maturity and quality. CMMI is a globally recognized standard that assesses an organization's ability to deliver products and services. Achieving Level 5 indicates that Impressico's processes are optimized, predictable, and continuously improving, ensuring consistent high-quality outcomes. With over two decades of experience in the technology industry, Impressico has consistently delivered innovative solutions to clients worldwide. This latest achievement…

09 Oct

Global Livestock Conclave Set to Boost Dairy and Agriculture Sectors in Wayanad

MediaCatalystAgriculture, Business

Wayanad is gearing up to host the Global Livestock Conclave from December 20 to 29 at Pookode Veterinary College, an event expected to significantly impact the dairy, cattle, and pet industries. J. Chinchurani, Kerala's Minister for Animal Husbandry and Dairy Development, highlighted the conclave's importance during the recent logo unveiling ceremony. “This conclave will be pivotal in advancing our livestock sector, creating employment opportunities, and inspiring youth to consider careers in agriculture,” Chinchurani stated. As the largest event of its kind in India, the conclave aims to showcase the latest technologies and value-added products across livestock, poultry, dairy, and aquafarming…

30 Sep

UST to Create Over 3,000 Jobs with New State-of-the-Art Campus in Kochi

MediaCatalystBusiness

Kochi:, a leading digital transformation solutions company, is significantly expanding its presence in India with a brand new campus in Kochi. This ambitious project is expected to generate over 3,000 new jobs in the next five years, boosting Kochi's position as a major technology hub. The foundation stone for the sprawling 9-acre campus at Infopark Kochi Phase 2 was laid on September 30th by UST CEO Krishna Sudheendra. The ten-floor building, slated for completion in 2027, will accommodate 4,400 employees and feature state-of-the-art infrastructure, including a modern gym, a 1,400-seat auditorium, and environmentally friendly design incorporating green energy. This will…

30 Sep

Tally Solutions Partners with AIC-PECF to Empower Indian Startups

MediaCatalystBusiness

Mumbai: Tally Solutions signed a memorandum of understanding (MoU) today and announced its strategic partnership with the Atal Incubation Centre - Pondicherry Engineering College Foundation (AIC-PECF), a premier incubation center supported by the Atal Innovation Mission (AIM), Niti Aayog, Government of India. The key focus of the collaboration will be to drive entrepreneurship, innovation, and economic growth in India by providing critical mentorship, financial aid, and technological support to budding startups. Under this partnership, AIC-PECF will focus on mentoring and guiding young entrepreneurs, particularly at the initial stages of their ventures, while Tally Solutions will provide technological and business support…

30 Sep

From European Inspiration to Indian Innovation: The Aristobrat Story

MediaCatalystBusiness, Interview

Karan Singh, the Director and CEO of Aristobrat, is a man on a mission to revolutionize how Indian men approach fashion. His brand, Aristobrat, is a rising star in the slow fashion movement, offering minimalist yet chic wardrobe options that prioritize quality, timelessness, and individuality. In an exclusive interview with MediaCatalyst, Karan shares the inspiring journey of Aristobrat, from its inception amidst the elegant streets of Europe to the grand opening of its flagship store in Bangalore. Q: Can you share the initial inspiration or idea that led to the creation of Aristobrat? What specific gap did you see in…

25 Sep

Vicky Kaushal, the New Face of Campus Activewear

MediaCatalystBusinessVicky Kaushal

Mumbai: Campus Activewear, a prominent sports and athleisure footwear brand in India, has announced Bollywood actor Vicky Kaushal as their new brand ambassador. This partnership aligns Kaushal's trendsetting style with Campus Activewear's commitment to comfortable, fashion-forward footwear. Kaushal is celebrated for his unconventional choices and redefining norms, reflecting the spirit of today's youth who forge their own paths. His confident and fashion-forward style resonates with the bold, expressive choices of the younger generation. Campus Activewear has always been at the forefront of merging individuality with personal flair, and this collaboration with Kaushal aims to inspire the youth to embrace their…