Business

Bangalore (Karnataka) [India], August 6: O’Neil Capital Management (OCM India), the Indian asset management setup of the legendary investor William O’Neil, has launched a long-only Category III alternative investment fund (AIF), called the ONeil India Quant Fund.  OCM India is the first in the country to bring proprietary O’Neil methodologies in an algorithmic format to AIF investors. The investment strategy was developed 5 years back, keeping in mind the nuances of the Indian stock markets. The strategy was being run exclusively for the O’Neil family office for over 4.5 years and is now, for the first time ever, accessible to external investors. The O’Neil India Quant Fund uses a systematic quantitative algorithm, based on proven and proprietary O’Neil factors, to invest in Indian equitie...

New Delhi (India), August 6: In this ever-evolving world, the fusion of Artificial Intelligence and English learning is becoming a game-changer in mastering language skills. Integrating the power of AI with language learning, SpeakX, a pioneering GenAI startup in India, is revolutionizing the conventional way of learning English into a deeply personalized and immersive experience. This article explores how the SpeakX platform is using AI in language learning to redefine the way individuals can enhance their English communication skills and succeed. In India English is no longer just a language of the elite or merely a gateway to academic success. Proficiency in English has become a crucial skill for navigating everyday conversations and advancing in both professional and personal life. In ...

New Delhi (India), August 6: Calcom, a leader in Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM), is set to transform the fan industry with its innovative and energy-efficient Brushless Direct Current (BLDC) fan solutions. In collaboration with the renowned Korean company Taehwa Enterprises, Calcom is leveraging cutting-edge BLDC motor technology to deliver superior fan solutions. About Calcom-Taehwa JV Calcom and Taehwa have collaborated to develop reliable and cost-effective BLDC fan solutions for the Indian market. This joint venture, Calcom Taehwa Techno Private Limited (CTTPL), was established in March 2023. Taehwa Enterprises with 23 overseas companies in 8 countries like Korea, China, Vietnam, Thailand, Indonesia, Mexico and Poland, Taehwa brings sig...

Panipat (Haryana) (India) August 6 : Stylla, unleashing before you its another stunning discovery of super- comfortable and elegant hotel linens!  Always being pioneers in offering the best of luxurious hospitality products to people, the company has now amazed us with their other plush range. Just have a glance at their latest eye-appealing hotel linens including bed sheets, bathrobes, towels to taste luxury. The varieties come with wondrous features like advanced fabric technology, soft textures, durability and so on. Smart fabrics are used to devise the products that nullifies even a minute possibility of bad bacteria from occurring. In addition to it, the linen’s fabric claims to be extensively moisture-wicking, temperature regulating and anti-microbial that is beneficial for one’s hea...

New Delhi [India], August 6 : In today’s competitive market, finding the right suppliers for essential building materials like mosquito nets can significantly boost your bottom line. Whether you’re an architect, interior designer, builder, contractor, or involved in home automation, partnering with reputable mosquito net manufacturers can be a game-changer. Here’s how you can leverage these partnerships to your advantage. Why Mosquito Nets are EssentialHealth and Safety: Protect against mosquito-borne diseases like dengue and malaria. Comfort: Enhance the comfort of living spaces by preventing insect bites. Durability: Modern mosquito nets are designed to last, offering long-term protection.The Best Mosquito Net Brand in India When it comes to choosing the best mosquito net brand in In...

Mumbai (Maharashtra) [India], August 6:  Dev Information Technology Limited, (NSE – DEVIT, BSE – INE060X01026), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has announced its Unaudited Financial Results for the Q1 FY25. Key Financial Highlights (Consolidated) Q1 FY25:Particulars (₹ Cr) Q1 FY25 Q1 FY24 YoY ChangeTotal Income 35.46 60.67   (41.11%)EBITDA 6.06 3.29   84.29%EBITDA (%) 16.96% 5.42%   1154 BPSPAT 3.72 1.83  102.37%PAT Margin (%) 10.40% 3.01%   739 BPSCommenting on the performance, Mr. Pranav Pandya Founder & Chairman, said, “We are delighted to report an exceptional quarter with a remarkable increase in PAT, demonstrating ...

Mumbai (Maharashtra) [India], August 6:  Aesthetik Engineers Limited, an innovative leader in the facade systems industry, has announced its plan to go public with an Initial Public Offering (IPO) on August 08, 2024. The company is aiming to raise ₹ 26.47 Crores at the upper band through this IPO, with shares set to be listed on the NSE Emerge platform. ● Total Issue Size – 45,64,000 Equity Shares of ₹ 10 each ● Issue Size – ₹ 26.47 Crores (At Upper Band) ● Price Band – ₹ 55 – ₹ 58 Per Share ● Lot Size – 2,000 Equity Shares The issue size is Up To 45,64,000 equity shares at face value of ₹ 10 each. Equity Share AllocationQIB Anchor Portion – Up To 12,96,000 Equity Shares Qualified Institutional Buyers (QIB) – Up To 8,66,000 Equity Shares Non-Institutional Investors (NII) – Not Less than ...

Navi Mumbai (Maharashtra) [India], August 6: Refex Industries Limited.(NSE – REFEX | BSE – 532884), committed to promoting sustainability in India with a diverse portfolio encompassing Ash & Coal Handling, Refrigerant Gases, Power Trading, and Green Mobility, announced its Unaudited Financial Results for Q1 FY25. Key Financial HighlightsConsolidated Standalone Particulars (₹ Cr) Q1 FY25 Q1 FY24 YoY Q1 FY25 Q1 FY24 YoYTotal Income 597.21 384.20 55.44% 592.05 383.30 54.46%EBITDA 48.42 36.40 33.04 52.24 36.57 42.85%PAT 29.35 21.27 37.96 35.97 22.01 63.39 %EPS (₹) 2.54 1.92 32.29% 3.11 1.99 56.28%Other Key Highlights: Consolidated Revenue Composition for FY24: Ash & Coal Handling: ₹552.62 crore Refrigerant Gas: ₹20.92 crore Green Mobility: ₹5.47 crores Sale of...

Mumbai (Maharashtra) [India], August 6: Focus Lighting & Fixtures Limited. (NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, announced its Unaudited Financial Results for Q1 FY25. Key Financial Highlights Consolidated  • Total Income of ₹ 55.35 Cr • EBITDA of ₹ 12.05 Cr • EBITDA Margin of 21.77% • TCI of ₹ 9.16 Cr • TCI Margin of 16.54% • EPS of ₹ 1.36 Standalone  • Total Income of ₹ 31.28 Cr • EBITDA of ₹ 4.77 Cr • EBITDA Margin of 15.25% • TCI of ₹ 2.45 Cr • TCI Margin of 7.82% • EPS of ₹ 0.36Other Key Highlights: • Segment-wise Revenue Breakdown: • Retail Lighting: ₹ 51.67 Cr • Home Lighting: ₹ 2.15 Cr • Infrastructure: ₹ 1.24 Cr • Railways: ₹ 0.07 CrCommenting on the performance, Mr. Amit Sheth, Managing Director of Fo...

Mumbai (Maharashtra) [India] August 6 : Mumbai, 04th August 2024: As Friendship’s Day approaches, Kingston Technology, a world leader in memory products and technology solutions recognizes the significance of these enduring bonds. Now make this Friendship’s Day special for your best friend by gifting them some compelling Kingston products. Be it your Gamer Friend or your travel enthusiast friend or a content creator, we have you covered with plethora of exciting options.  This Friendship’s Day, let Kingston be a part of your celebrations with these compelling gift options:  For your Gamer Friend:  Kingston FURY Renegade PCIe 4.0 NVMe M.2 SSD – Kingston FURY Renegade PCIe 4.0 NVMe M.2 SSD provides cutting-edge performance in high capacities for gaming and hardware enthusiasts seeking extrem...