India-wide release, 08th November 2024: Bengaluru-based deep-tech startup Nexstem, a pioneer in developing cutting-edge non-invasive Brain Computer Interface (BCI) solutions, has raised $3.5 million in its latest funding round. The funding round attracted prominent investors, such as InfoEdge, Zupee, Smile Group and Nikhil Kamath & Abhijeet Pai’s Gruhas. This investment will help Nexstem scale its latest product ecosystem, and expand its IP portfolio, leading to…
INOX India Ltd announces Q2FY25 Results
Vadodara/Mumbai, Nov 08th, 2024: INOX India Ltd (INOXCVA) has announced its financial results for the second quarter of FY25, ending on 30th September 2024. The results were approved and taken on record today by the Board of Directors. Reflecting continued robust growth and progress in financial and operational performance, the Company reported Quarterly Revenues of Rs. 320 Cr, representing a 21% increase Y-o-Y, EBITDA at…
OTTplay Teams Up with Quadrant Televentures to Enhance Digital Entertainment in Punjab
Mumbai, 8th November 2024: OTTplay, India’s Super OTT app and leading AI-based recommendation engine platform, is pleased to announce its latest partnership with Quadrant Televentures Limited (Connect Broadband), one of the leading Internet Service Providers of North India. Through this strategic alliance, OTTplay and Quadrant Televentures Limited are set to elevate digital entertainment in the region, enabling users to access 25 popular OTT platforms directly…
Ramee Group of Hotels Strengthens Leadership Team with Appointment of Mr. Nazir Sheikh as GM – F&B Operations
Mumbai, November 8th, 2024: Ramee Group of Hotels announces the appointment of Mr. Nazir Sheikh as the General Manager – F&B Operations. With 18 years of industry experience and a strong background working with renowned brands like Hitchki, Bayroute, Manchester United Cafe, and Hilton Hotels in London, Mr. Sheikh is well-positioned to supervise F&B operations in hotels with a focus on quality, guest experience, and…
Pledge to Solarize Your Roof This Chhath Pooja with Sustainable Solar Solutions from Tata Power Renewables
Uttar Pradesh, 7th November, 2024: As India celebrates the sacred festival of Chhath Pooja, Tata Power Renewable Energy Limited (TPREL), a leading renewable energy company and a subsidiary of Tata Power, invites residents of Uttar Pradesh to embrace the spirit of the festival through the adoption of solar energy. Chhath Pooja, a festival that venerates the sun for prosperity and well-being, serves as the perfect…
Star Localmart Plans Major Expansion, Aiming for 3,000 Stores in the Next Five Years
Hyderabad, 08th November 2024: Star Local Mart is more than just a store; it’s a community hub designed to serve you and your family with a unique and enjoyable shopping experience right in your neighborhood. As it marks its 4th anniversary, Star Local Mart is celebrating with a grand event featuring deep discounts, exclusive offers, and exciting prizes. This limited-time promotion runs until November 10th,…
Linc Limited Appoints Mr. Sachin Bhatnagar as President – Global Business
Linc Limited, a leader in the writing instruments industry, is pleased to announce the appointment of Mr. Sachin Bhatnagar as President – Global Business. Mr. Bhatnagar brings with him a wealth of experience & expertise, having spearheaded significant growth and transformation in various industries over a distinguished career spanning three decades. Mr. Bhatnagar has a distinguished career that includes serving as the Chief Executive Officer…
Shri BVR Subrahmanyam Highlights Role of Policy Consistency and Reforms in Driving India’s Growth
New Delhi, 8 November 2024: “India is one of the shining stars on the global horizon, policy consistency and reforms has led to a spectacular growth path. We ended last fiscal year at about 8.2% growth rate and are poised to be the third largest economy by 2027. Today, our contribution to incremental global growth is about 20% and which will only increase.” said Shri.…
Trent Ltd. Delivers Robust Q2FY25 Growth, Driven by Expansion Despite Sluggish Consumer Spending
– Revenue for Q2FY25 stood at Rs. 4,157 crores, up 39.4% YoY and 1.3% QoQ, but missed street estimates of Rs. 4,388 corers, due to muted consumer sentiment and seasonality. Despite these challenges, the business performed well and gained traction in new categories, channels, and brands, such as footwear, innerwear, and beauty & personal care, which together now account for more than 20% of total…
GMM Pfaudler announces Q2 FY 2025
Mumbai, November 8, 2024: GMM Pfaudler Limited, global leader in glass-lined equipment, announces its second quarter (Q2 FY25) and half year results (H1 FY25) for the period ended September 30, 2024. Financial Performance Consolidated Q2 FY25 Revenue EBITDA EBITDA Margin PAT PAT Margin EPS Order Intake Order Backlog ₹805 Crore ₹93 Crore 11.6% ₹17 Crore 2.1% ₹3.84 ₹762 Crore ₹1,773 Crore H1 FY25 Revenue EBITDA EBITDA Margin PAT PAT Margin EPS Order…