Tag: business

Chennai (Tamil Nadu) [India], January 27: “Emerald Tyre Manufacturers Limited (NSE: ETML | INE0RHD01013) is one of the largest manufacturers and exporters of Off-Highway Tyres, has taken a decisive step in its international growth journey by acquiring a 65% controlling stake in SA Rubber Engineering Pty. Ltd., South Africa. The proposed acquisition approved by ETML’s Board of Directors on 22 January 2026, involves an investment of up to ₹14 crore, through a combination of cash and non-cash consideration. Upon completion, SA Rubber Engineering will operate as a subsidiary of ETML, with the proposed acquisition expected to close within 6–8 months. WHY THIS MOVE MATTERS A Strategic Geography with Global Reach • Anchors the Company’s expansion across high-growth African industrial and mining t...

Chennai (Tamil Nadu) [India], January 27: Airfloa Rail Technology Limited (BSE – AIRFLOA | 544516 | INE0XBS01012), a leading manufacturer of railway rolling stock components and turnkey interior solutions has announced that it has entered into a Memorandum of Understanding (MoU) with Janatics Industrial Automation Private Limited for the development and supply of Automatic Door Systems for railway applications. Highlights of the MoUThe MoU covers Automatic Door Systems for modern railway coaches, including Freight EMU and Vande Bharat platforms Product scope includes:Double Leaf Plug Doors Automatic Single Leaf Plug Doors Pocket Sliding Doors Automatic Fire Barrier DoorsAirfloa will lead tender participation, customer engagement, and project executionStrategic Significance The MoU...

Jodhpur (Rajasthan) [India], January 27: Vishnu Prakash R Punglia Limited (NSE – VPRPL, BSE – 543974 | INE0AE001013), one of India’s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water & Municipal Services, Roads, Railways, Infrastructure, and Mining, has announced successfully completed and handed over the Silchar 24×7 Water Supply Project under the AMRUT Mission in Assam. The project was executed for the Assam Urban Water Supply & Sewerage Board (AUWSSB) at an approximate cost of ₹177.47 crore. Project Overview The project includes key infrastructure such as intake systems, a water treatment plant, transmission mains, pumping stations, service reservoirs, distribution network, household connections, and PLC-SCADA automation. ...

Mumbai (Maharashtra) [India], January 27: YES Italy has announced the opening of its new office in Mumbai, further strengthening its presence across India. The Mumbai office will offer end-to-end academic counselling services for students applying to Bachelor’s and Master’s programmes at Italian universities, including guidance on course selection, applications, documentation, and visa processes. The move marks a strategic expansion of the organisation’s operations in India and aims to support the growing number of Indian students seeking higher education opportunities in Italy. Services Offered at the Mumbai Office The Mumbai office provides comprehensive support, ranging from university shortlisting and personalised academic counselling to assistance with preparing and submitting applica...

Ahmedabad (Gujarat) [India], January 27: Spinoto, a technology-driven vehicle servicing platform, has begun operations in Ahmedabad with an on-demand mechanic model designed to reduce delays, improve transparency, and provide structured service support for vehicle owners in urban settings. Vehicle servicing in Indian cities has traditionally involved long wait times, unpredictable pricing, and limited visibility into quality and turnaround time. These conditions often lead to significant downtime for customers, particularly during minor repairs and roadside breakdowns where speed and clarity are required. Founded by Krunalsinh Rana, Spinoto was developed against this backdrop to draw on years of operational experience within the automobile service ecosystem. The platform’s model focuses on...

New Delhi [India], January 23: India’s aspiration to achieve a $5 trillion economy is presented as a national mission powered by leaders across various sectors, including politics, business, and education. A report by The Outlook, titled “Visionaries of $5 Trillion Economy”, highlights the contribution of a few key individuals to this growth trajectory. At the helm of governance and policy, Union Minister Ashwini Vaishnaw is strengthening India’s rail ecosystems while advancing digital and manufacturing capabilities to position the country as a future-ready “global product nation”. JP Nadda, Union Minister for Health & Family Welfare and Chemicals & Fertilisers, is accelerating public health initiatives, including India’s TB elimination mission, alongside digital governance and ind...

Bengaluru (Karnataka) [India], January 24: SASMOS HET Technologies Ltd. (“SASMOS”), Bangalore based aerospace and defence engineering and manufacturing company, today announced that it has been awarded a strategic long term contract by SkyDrive Inc. (“SkyDrive”), a pioneering Japanese eVTOL aircraft manufacturer, for the Electrical Wiring Interconnection System (EWIS) design and manufacturing of SkyDrive’s next-generation eVTOL aircraft. Under this partnership, SASMOS will deliver a comprehensive EWIS solution including system design, prototyping, certification support and serial production readiness. This contract marks a key milestone in SkyDrive’s commercialisation journey while reinforcing SASMOS’ position as a trusted global partner in advanced aerospace systems and sustainable mobili...

Mumbai (Maharashtra) [India], January 23: Cupid Limited (BSE – 530843, NSE – CUPID) announced a strategic investment of ₹331.53 Cr in Baazar Style Retail Limited (Style Baazar), a well-recognised and established value retail chain that has been profitable as well as lean in operating 250+ stores across key markets in India. The investment to be made over 18 months, funded through internal accruals, marks a significant step in Cupid’s strategy to strengthen its retail presence, improve market access, penetration and accelerate growth across high-potential regions. This strategic investment provides Cupid Limited with direct access to a strong and rapidly expanding retail network, significantly enhancing the availability and visibility of its FMCG product portfolio across key regional market...

New Delhi [India], January 24: The School of Design at Rishihood University, in collaboration with JBM Group, hosted a high-impact Design Roundtable bringing together leading voices from India’s design and innovation ecosystem. The closed-door session convened senior leaders from MakeMyTrip, Blinkit, Maruti Suzuki, Frog Design (Capgemini), and JBM Group, along with the Rishihood leadership, faculty, and selected student senior learners. This annual roundtable informs the university’s design curriculum and ensures that the requirements of the industry reflects in their learning pedagogy. The session brought together some of India’s most influential design and innovation leaders, including Aakash Kumar, VP – User Experience at MakeMyTrip; Joy Banerjee, VP – Design at Blinkit; Jagjit Rana, He...

Solapur (Maharashtra) [India], January 24: Fenova uPVC Door & Window Systems, a division of Arihant Profile – Extrusion LLP, has been awarded the contract to supply approximately 55,000 square feet of wooden-finish uPVC windows for the Gyalsung Academy project in the Kingdom of Bhutan. The project will be executed in collaboration with Fenova’s authorized channel partner, Luminex Windows, Siliguri. The project award followed after designated authorities of the Royal Government of Bhutan visited Fenova’s 6,000 MT fully automated manufacturing facility in Solapur, Maharashtra. During the visit, the delegation studied Fenova’s proprietary co-extrusion technology, reviewed product quality benchmarks, and engaged with the company’s long-term vision — expressing strong confidence in Fenova’s...