Tag: business

Greater Noida West (Uttar Pradesh) [India], January 28: VVIP Group, a renowned name in real estate and diversified sectors, is thrilled to announce the launch of its prestigious project, VVIP Addresses, located in Sector 12, Greater Noida West, ushering in a new era of luxury living in the region. Key Highlights of VVIP Addresses:Spacious, Luxury Residences: Spanning across 5 acres, VVIP Addresses features 4 exclusive towers with apartment sizes ranging from 2995 sqft to 4645 sqft, designed to provide the utmost in luxury, space, and privacy for residents. State-of-the-Art Amenities, Box Cricket : For the first time in Noida/Greater Noida West, the project introduces an exciting Box Cricket Stadium, offering a unique recreational experience. Additional highlights include 12 ft ceiling he...

Ahmedabad (Gujarat) [India], January 28: Ahmedabad-based startup RoomPe has achieved a big milestone by reaching an Annual Recurring Revenue (ARR) of 1 million USD. RoomPe is one of the few startups in India focusing on hostel and student accommodation management for universities through a B2B model. The company currently manages hostels with more than 300 beds. RoomPe’s co-founder Deval Patel shared, “Our goal is to let universities and academicians focus on studies and student activities, while we take care of all the daily hostel management work, from room allocation to check-out and everything in between.” Right now, RoomPe is actively working in Western India and is managing hostel operations in over five campuses. The company plans to expand to more cities in Gujarat, including Rajko...

Chennai (Tamil Nadu) [India], January 28: RSoft, a leader in AI-powered technology solutions, is excited to announce the launch of Realtors Robot, an innovative AI-Based Real Estate CRM Software tailored specifically for builders, developers, promoters, brokers, channel partners, and marketers. This state-of-the-art solution is designed to transform how real estate professionals manage client relationships, streamline operations, and drive business growth in an increasingly competitive market. Realtors Robot leverages the power of artificial intelligence to provide a smart, efficient, and scalable Real Estate CRM that helps real estate professionals navigate complex workflows, optimize lead management, and deliver a highly personalized experience to their clients. What is a Real Estate CRM...

New Delhi [India], January 27: India’s residential real estate market is on the brink of a transformative era, with an ambitious vision to achieve a $40 trillion GDP by 2047, thereby positioning the sector as a crucial engine of economic growth. Further, with the nation poised to build 100 million homes by the end of this decade, 2025 will mark a critical juncture for housing development. Some key trends that will dominate the sector in 2025 will include the adoption of technology and organized construction practices, that will drive quality, personalization, timeliness, sustainability, affordability, and transparency. Government Policies Driving Housing Development. India’s ambition to achieve a $40 trillion GDP by 2047 places the housing sector at the core of national economic growth. In...

Pune (Maharashtra) [India], January 27: In the bustling city of Pune, a quiet revolution in vertical transportation is taking place, spearheaded by Wingstair Elevators Pvt. Ltd. Since its inception in 2018, this innovative company has been redefining the standards of elevator manufacturing, ensuring safety, quality, and customer satisfaction in every installation. Led by visionary CEO Onkar Deshpande, Wingstair Elevators has emerged as a trusted name in the elevator industry, with a focus on delivering world-class products and services. The story of Wingstair Elevators began with a vision to address a critical gap in Maharashtra’s elevator market. For years, local elevator companies had to rely on suppliers from Gujarat for spare parts, leading to delays and logistical challenges. Recogniz...

Ahmedabad (Gujarat) [India], January 27: The Rs. 4504 lakh Rights Issue of Globe Textiles (India) Ltd (NSE-GLOBE), engaged in the manufacturing of garments, cotton printed fabrics, home textiles and fancy fabrics, was subscribed 14.69% on the first day. The Rights Issue opened for subscription on January 24 and will close on February 6. The Rights Issue is favorable priced at Rs. 3 per share as compared to the share’s closing price of Rs. 3.78 on 24 January. Investors not owning the shares of Globe Textiles can also participate in the Rights Issue by buying Globe Textiles Rights Entitlements (NSE Symbol: GLOBE-RE1). On Friday, 67.85 lakh Rights Entitlement of Globe-RE1 were traded on the exchange. The Globe-RE1 opened at Rs. 0.61, touched a high of Rs. 0.72, a low of Rs. 0.55, and closed a...

Bengaluru (Karnataka) [India], January 27: KLM Axiva Finvest, a leading NBFC with a valuation of over ₹2000 crore, celebrated its 25th Silver Jubilee with the Fortuna ’25 Employee Summit Karnataka at Kings Meadows, Bangalore, on 27th January 2025. The company, which boasts a pan-India presence with over 1000 branches and has Lady Superstar Nayanthara as its brand ambassador, continues to amplify its vision and values through such milestone initiatives. The Fortuna ’25 Employee Summit Karnataka was inaugurated by Mr. T. P. Sreenivasan, IFS (Retd.), Chairman of KLM Axiva Finvest and former American Ambassador of India. The summit was presided over by the company’s CEO, Mr. Manoj Ravi, and brought together employees from across Karnataka to commemorate this remarkable milestone. The summit se...

Mumbai (Maharashtra) [India], January 27: Mitsu Chem Plast Limited (Mitsu) (BSE:540078), a global leading player with over 35 years of excellence in polymer-based molded products, has unveiled Furnastra, a dedicated brand for hospital furniture. Product HighlightsBuilt to Last: Durable, high-performance solutions designed to handle the toughest demands of healthcare environments. Smart and Comfortable Design: Modern, ergonomic innovations that combine functionality with patient comfort, elevating care experiences. Customer-Centric Solutions: Custom solutions crafted to meet the evolving needs of healthcare spaces, ensuring adaptability and excellence.While hospital furniture has long been a cornerstone of Mitsu Chem’s business, the company recognized the need to give it a distinct iden...

Mumbai (Maharashtra) [India], January 27: Supreme Power Equipment Limited (NSE – SUPREMEPWR), one of the leading players in the power and distribution transformer manufacturing industry, announced its Unaudited Financial Results for 9M & Q3 FY25. Key Standalone Financial Highlights 9M FY25Total Income of Rs. 86.96 Cr, YoY growth of 21.44% EBITDA of Rs. 15.21 Cr, YoY growth of 12.14% Net Profit of Rs. 10.34 Cr, YoY growth of 10.16% EPS of Rs. 4.14, YoY growth of 10.11%Q3 FY25Total Income of Rs. 30.22 Cr, YoY growth of 36.25% EBITDA of Rs. 4.75 Cr, YoY growth of 7.54% Net Profit of Rs. 3.17 Cr, YoY growth of 8.74% EPS of Rs. 1.27, YoY growth of 8.55%Commenting on the performance, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, “We are del...

New Delhi [India], January 27: aerpace Industries Limited, a pioneer in transformative transportation solutions, has unveiled the aerWing, a groundbreaking electric vertical take-off and landing (eVTOL) system designed to address diverse mobility needs and challenges. The aerWing combines cutting-edge technology with eco-conscious engineering, offering unmatched efficiency and speed. Moreover, it is powered by a hybrid of electricity and hydrogen fuel, representing a huge leap forward in sustainable transportation and redefining global mobility. Mr Ravi Soni, executive director of aerpace Industries Limited, said, “The aerWing is not just an aircraft, it is a game-changer and the future of mobility. It is a perfect representation of our mission to connect urban and rural regions while prio...