Author: Sutun Nayak

  • Grover Jewells Limited IPO opens February 4th 2026 aims to fund working capital and growth plans

    Grover Jewells Limited IPO opens February 4th 2026 aims to fund working capital and growth plans

    New Delhi [India], February 05:  Grover Jewells Limited, a Delhi-based gold jewellery manufacturer and wholesaler, is set to open its Initial Public Offering (IPO) on the NSE Emerge platform from February 4 to February 6, 2026, with a price band of ₹83–₹88 per share. The company plans to raise ₹33.83 crore through the issue, as it looks to strengthen its working capital cycle and support corporate expansion.

    According to the company’s investor presentation, Grover Jewells operates a fully integrated manufacturing setup in Delhi and caters largely to the wholesale (B2B) segment, while also taking steps to increase its retail (B2C) presence. The issue is expected to be closely watched by SME-market investors, particularly given the strong momentum in India’s organised jewellery sector and the growing shift toward branded, quality-assured products.

    IPO details: price band, issue size, and listing schedule

    Grover Jewells’ IPO is a 100% book-built issue, with the issue size at ₹3,383.42 lakh (approximately ₹33.83 crore), comprising 38,44,800 equity shares at the upper price of ₹88. The face value of each equity share is ₹10.

    The company has proposed listing on the NSE Emerge platform, with the listing date set for February 11, 2026. The IPO includes allocation for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), retail investors, and a market maker portion, as is standard for SME public offerings.

    As per the issue schedule, the anchor bid opens on February 3, 2026, followed by the public subscription window from February 4 to February 6.

    Business model: wholesale manufacturing with expanding portfolio

    Grover Jewells Limited specialises in manufacturing and designing wholesale gold jewellery across a wide range of product categories. The company’s portfolio includes plain gold jewellery, studded jewellery, and semi-finished jewellery, primarily in 22 karat, 20 karat, and 18 karat formats.

    The company initially built its core strength in gold chain manufacturing, but over the years expanded into bangles, rings, necklaces, and complete jewellery sets, aiming to serve diverse customer preferences and price points.

    Grover Jewells runs an in-house jewellery manufacturing facility located at Lawrence Road Industrial Area, Delhi, with a built-up area of 1,003.20 sq. metres, equipped with modern machinery including casting machines, induction melters, steamers, and air compressors. A dedicated CAD design team supports product development, helping the company bring new designs to market regularly.

    Retail footprint: showrooms in key Delhi jewellery markets

    While the company’s primary focus remains B2B, it has a visible retail presence through two showrooms located in major jewellery trading hubs of the capital:

    • Karol Bagh, New Delhi

    • Chandni Chowk, Delhi

    These locations are known for high jewellery footfall and wholesale-retail activity, allowing the company to serve both business buyers and end customers.

    Growth journey: from small workshop to ₹450 crore turnover

    Grover Jewells traces its origin to 2010, when promoter Deepak Kumar Grover began operations as a proprietorship under the name “Grover Chain Company,” reportedly starting with two machines in a small workshop.

    The company’s investor note highlights that turnover grew steadily over the years, reaching ₹20 crore by 2017. A major leap came in 2018 with the adoption of Italian machinery and production technology, after which turnover reached ₹51 crore in FY2018–19.

    In 2021, Grover Chain Private Limited was incorporated and subsequently acquired the earlier proprietorship business, enabling scale-up in operations. By March 31, 2025, the company reported turnover of over ₹450 crore, reflecting a sharp rise in scale in a relatively short time frame.

    Financial performance: revenue growth and improving profitability

    The company’s restated financials indicate consistent growth in scale. Revenue from operations stood at:

    • ₹25,509.77 lakh in FY2022–23

    • ₹25,791.13 lakh in FY2023–24

    • ₹46,080.29 lakh in FY2024–25

    Profit after tax (PAT) for the same periods was:

    • ₹270.52 lakh in FY2022–23

    • ₹278.05 lakh in FY2023–24

    • ₹762.28 lakh in FY2024–25

    For the provisional period ended October 31, 2025, revenue from operations was reported at ₹47,318.71 lakh, with PAT of ₹1,045.23 lakh, suggesting continued momentum.

    The company’s PAT margin for FY2024–25 stood at 1.65%, while EBITDA margin was reported at 2.44%, reflecting the typically thin margins of high-volume bullion and jewellery manufacturing businesses, where scale, inventory management, and working capital efficiency are critical.

    Why working capital matters in jewellery businesses

    Jewellery manufacturing is highly working-capital intensive due to the nature of gold procurement, inventory holding, and credit cycles with distributors and retailers. For manufacturers, maintaining consistent production and supply often requires strong liquidity support.

    Grover Jewells has stated that the primary objective of the IPO is to meet working capital requirements, along with general corporate expenses and issue-related expenses. Investors will track how effectively the company uses fresh capital to manage inventory, strengthen receivable cycles, and expand distribution reach.

    Promoters and leadership team

    The company is promoted by:

    • Deepak Kumar Grover (Managing Director)

    • Lavkesh Kumar Grover (Executive Director)

    • Bhawna Grover (Non-Executive Director)

    The management team also includes independent directors and key managerial personnel such as the CEO, CFO, and Company Secretary & Compliance Officer, which is an important factor for governance in listed entities.

    Post-issue, promoter shareholding is expected to reduce from 100% to approximately 73.5%, with the public holding about 26.5%.

    Industry backdrop: India’s jewellery exports and domestic demand

    India’s gems and jewellery industry remains one of the country’s most significant sectors, contributing strongly to exports and employment. The sector benefits from India’s established manufacturing ecosystem, skilled workforce, and global relevance in diamond processing and gold jewellery craftsmanship.

    The company’s investor note mentions that the industry contributes significantly to GDP and exports, with the government also focusing on export promotion, MSME support, and initiatives such as hallmarking and policy support for trade competitiveness.

    In recent years, demand for hallmarking, transparency, and quality assurance has strengthened the shift toward organised players-creating opportunities for manufacturers with strong supply networks, in-house capabilities, and scalable operations.

    Outlook: a growth-focused SME listing on NSE Emerge

    Grover Jewells’ IPO comes at a time when India’s SME capital markets have seen rising investor participation, especially in manufacturing and consumer-facing businesses. With its established manufacturing base, expanding product portfolio, and presence in key Delhi jewellery markets, the company is positioning itself for the next phase of growth through stronger capital support.

    Market participants will closely watch subscription levels, listing performance, and post-IPO execution-particularly the company’s ability to strengthen its working capital position, scale operations efficiently, and gradually expand into the retail segment while maintaining profitability.

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  • What Age Limits Apply in Travel Insurance for Senior Citizens

    What Age Limits Apply in Travel Insurance for Senior Citizens

    Mumbai (Maharashtra) [India], February 04: If you’re planning an overseas trip in your sixties or beyond, age is not just a form field; it can decide whether you can buy a policy at all, what benefits you get, and how much you pay. The good news is that travel insurance for senior citizens is widely available in India. The not-so-good news is that age rules vary by insurer and by plan type, so you need to know what to look for before you pay.

    In this article, you will explore what age limits apply in travel insurance for senior citizens.

    Why Age Limits Matter in Travel Insurance

    Travel insurance is priced around risk. As you grow older, the likelihood of needing medical assistance while travelling generally increases, and insurers reflect that in premiums and in eligibility rules. Many insurers also openly state that the traveller’s age directly influences the premium for senior citizen plans.

    Age limits exist primarily to keep coverage sustainable, especially for high-cost benefits such as emergency medical treatment, hospitalisation, evacuation, and repatriation.

    Key Age Terms You Should Know Before Buying

    Here are the key age terms you should know before buying:

    Entry Age

    This is the age range within which you can purchase the policy. If you’re above the maximum entry age on the day you buy, the insurer can decline the proposal.

    Coverage Age

    Some policies allow you to buy within an age band, but apply different benefit limits or terms once you cross a certain age slab during the trip period. This is why you should read the benefit table, not just the headline.

    Plan Type Matters More Than You Think

    Age limits can change depending on whether you buy a single-trip plan or an annual multi-trip plan. For example, one Indian travel insurance provider lists eligibility of 91 days to 70 years for single-trip cover, while annual multi-trip cover starts from the adult age and reaches the same upper cap.

    Typical Age Bands You’ll See in India

    There isn’t a single universal rule, but you’ll often see age structured in slabs. Here’s how it usually plays out:

    • Single-trip plans often allow a wider entry range, including children and seniors, as long as you’re within the insurer’s maximum entry age.

    • Annual multi-trip plans tend to be stricter on entry age because the insurer covers multiple journeys over the year.

    • Family floater travel policies may have their own entry-age rules and definitions of who is covered under a single policy.

    If you’re buying travel insurance for senior citizens, don’t assume a “senior plan” automatically means there is no upper age limit. Always check the insurer’s eligibility line and the benefit table.

    What Changes as You Cross Each Age Band

    Even when you’re eligible, age can affect the policy in a few practical ways:

    Premium Usually Rises With Age

    Insurers typically price senior policies at higher rates because medical risk increases with age.

    Medical Benefits Become the Real Deal-Breaker

    For older travellers, the most important part of travel insurance is typically emergency medical cover and assistance services, including cashless coordination where available.

    Timing Becomes Non-Negotiable

    Many travel policies must be purchased before you start the trip, and you generally can’t buy after you’ve departed. If age eligibility is tight, don’t leave it to the last minute.

    How to Pick the Right Plan If You’re a Senior Traveller

    Instead of chasing a “best” plan, match the policy to your travel reality:

    • Choose the right trip format: If you travel occasionally, a single-trip may be simpler. If you fly often, carefully compare annual multi-trip rules, as age eligibility can be narrower.

    • Be honest in medical declarations: Many plans are issued without pre-trip health check-ups, but that does not mean health details don’t matter. It usually means the insurer relies on what you declare.

    • Check destination requirements: Some countries require travel insurance for visa processing and may expect minimum medical coverage. This is especially relevant for trips to Europe.

    Final Takeaway

    Age limits in travel insurance aren’t meant to discourage you from travelling; they’re simply how insurers define eligibility and price risk. If you’re shopping for travel insurance for senior citizens, focus on three things: the entry-age rule, how benefits change by age slab, and whether the plan type you want is even available in your age bracket. Do that, and you’ll buy travel insurance with confidence, not confusion.

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  • BGMI Players Can Unlock New Outfit via Latest Redeem Code for February 4th

    BGMI Players Can Unlock New Outfit via Latest Redeem Code for February 4th

    Bengaluru (Karnataka) [India], February 04: KRAFTON India continues its ongoing redeem code rollout for BattlegroundsMobile India (BGMI), offering players another chance to unlock exclusive in-game cosmetics. Today’s drop features the Meadows backpack, a sleek outfit designed to elevate character customisation in BGMI.

    • BATTLEGROUNDS MOBILE INDIA Players Can Unlock New Outfit via Latest Redeem Code59 official redeem codes released to unlock exclusive in-game rewards
    • BGMI players can redeem codes only via BGMI’s official website at www.battlegroundsmobileindia.com/redeem

    BGMI Players Can Unlock New Outfit via Latest Redeem Code for February 4th-PNN

    Redeem codes are valid until 28th February 2026 and can be redeemed only on BGMI’s official channels.

    Redeem Codes:

    IFZCZRAMDJD54UVJ
    IFZDZRJF9JG3UMJR
    IFZEZWGQCBTWNKFM
    IFZFZATC6749KFKN
    IFZGZSXN9R85VSFM
    IFZHZX9SBJJP5JF4
    IFZIZQFFR34HCNTN
    IFZJZ58J7KVVMWAW
    IFZKZTEPFA6KGP8M
    IFZLZF74QBU8H97P
    IFZMZFGN44QWAVRE
    IFZNZNDHE3X8FX9G
    IFZOZ4GJKDDQEHQ3
    IFZPZMCPE4DC43M9
    IFZQZXUCHUUUSVRV
    IFZRZCGW59VEEJ8C
    IFZVZ9W56KX5NAG8
    IFZTZM39684EANVT
    IFZUZT3DG5XBQJ3D
    IFZBAZQJK6KFDMSW
    IFZBBZXH8A77S4KX
    IFZBCZW5FJ33ST36
    IFZBDZUS7MW7EE36
    IFZBEZ6GNXXXTU8C
    IFZBFZKTAK947989
    IFZBGZHXC5XQTDU8
    IFZBHZACU45RMWDF
    IFZBIZFFEVX3TVDR
    IFZBJZ6FMGNCCB9G
    IFZBKZW9D7RSR8NX
    IFZBLZXJFPKRTE3V
    IFZBMZFB9MA8GWAT
    IFZBNZPSQJNGRTK9
    IFZBOZWPGGN4EBXM
    IFZBPZUKCAEGUVJ8
    IFZBQZBN75EHBETV
    IFZBRZTBPJGPGXDF
    IFZBVZAJHUUC58GN
    IFZBTZH9NB4CDV3G
    IFZBUZQBQ6H4NC7T
    IFZCAZ5GJXUDJX8X
    IFZCBZN7U5CKHJK8
    IFZCCZBB34E6PG8R
    IFZCDZA8SG54JJAS
    IFZCEZS9MVJBTH6X
    IFZCFZX7VN6JTNAC
    IFZCGZJC3ME6J7TC
    IFZCHZ3EPH9476XE
    IFZCIZB4V7HBXPFG
    IFZCJZKV6HKGKVNT
    IFZCKZ9NMWTFPNQK
    IFZCLZPFCCSQ4XSU
    IFZCMZRWCVUBFPU9
    IFZCNZDQBQ6QKJNG
    IFZCOZJQEKTXH48A
    IFZCPZWDDR5AXM73
    IFZCQZM7CWPWB9QJ
    IFZCRZ7B7ER85B5W
    IFZCVZSDQHV94AXJ

    Steps to redeem:

    Players can follow these simple steps to claim their rewards:

    • Step 1: Go to the Redeem section on BGMI’s official website www.battlegroundsmobileindia.com/redeem
    • Step 2: Enter your Character ID
    • Step 3: Enter the Redemption Code
    • Step 4: Enter the verification/ Captcha code → A message will confirm “Code redeemed successfully”
    • Step 5: The reward will be delivered via in-game mail

    Rules to Remember:

    • A maximum of 10 users can redeem each code on a first come first served basis
    • A user cannot redeem a code twice
    • Users must claim their rewards via in-game mail within 7 days or the mail will expire
    • If a player is among the first 10 users to redeem the code, a message will confirm “Code redeemed successfully”. Otherwise, users will see “Code expired” or a similar message
    • Each user account can redeem only one code per day
    • Redeem codes cannot be used via guest accounts
    • Rewards must be claimed within 30 days from receiving the in-game mail

    For the latest updates, follow BGMI’s official YouTube, Instagram and Facebook pages.

    About KRAFTON, Inc.

    Headquartered in Korea, KRAFTON, Inc. is dedicated to discovering and publishing captivating games that offer fun and unique experiences. Established in 2007, KRAFTON is built on a global network of 19 creative studios that include PUBG STUDIOS, Striking Distance Studios, Unknown Worlds, Neon Giant, KRAFTON Montréal Studio, Bluehole Studio, RisingWings, 5minlab, Dreamotion, ReLU Games, Flyway Games, Tango Gameworks, inZOI Studio, JOFSOFT, Eleventh Hour Games, OmniCraft Labs, Olivetree Games, Loonshot Games, and 9B STUDIO. Each independent studio strives to continuously take on new challenges and leverage innovative technologies. Their goal is to win over more fans by broadening KRAFTON’s platforms and services.

    KRAFTON is responsible for premier game IPs, including PUBG: BATTLEGROUNDS, PUBG MOBILE, PUBG: BLINDSPOTinZOISubnauticaMIMESISHi-Fi RushDinkumTERAMy Little Puppy, and more. With a passionate and driven team across the globe, KRAFTON is a tech-forward company with world-class development capabilities, continuously exploring new possibilities that enhance the gameplay experience — including AI and other emerging technologies. For more information, visit www.krafton.com

    About KRAFTON India

    In India, KRAFTON is responsible for premier mobile games, including BATTLEGROUNDS MOBILE INDIA (BGMI), which has surpassed 240 million downloads, Bullet Echo India, Road To Valor: Empires, and CookieRun India, among others. Committed to enhancing the start-up ecosystem in India, KRAFTON has invested over $200 million in several Indian startups across interactive entertainment, gaming, Esports, and technology, since 2021. KRAFTON actively supports India’s game development ecosystem through its KRAFTON India Gaming Incubator (KIGI) while strengthening the Esports ecosystem with flagship events like the BATTLEGROUNDS MOBILE INDIA SERIES (BGIS) and BATTLEGROUNDS MOBILE INDIA PRO SERIES (BMPS). For more information, visit https://krafton.in/

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  • Jashn Realty Announces Rs. 3,200 Crore Strategic Investment Plan and Accelerated Delivery Focus at Lucknow Press Conference

    Jashn Realty Announces Rs. 3,200 Crore Strategic Investment Plan and Accelerated Delivery Focus at Lucknow Press Conference

    Lucknow (Uttar Pradesh) [India], February 04: Jashn Realty, one of Lucknow’s fast-emerging real estate developers, held a high-profile press conference in the city, outlining its ambitious growth roadmap and reinforcing its commitment to fastest-in-class project delivery. Addressing leading media houses and industry stakeholders, Mr. Rahul Aggarwal, Managing Director, Jashn Realty, announced that the company plans to invest approximately ₹3,200 crore over the next three years to strengthen its development pipeline, execution capabilities, and customer-centric delivery systems.

    Speaking at the press conference, Mr. Aggarwal emphasized that timely and accelerated delivery remains the company’s foremost priority. “In today’s real estate market, delivery is the true measure of credibility. At Jashn Realty, we are committed to setting new benchmarks by ensuring the fastest possible delivery timelines while maintaining uncompromised quality, safety, and regulatory compliance,” said Mr. Aggarwal.

    He further highlighted that the proposed ₹3,200 crore investment will be strategically deployed across land acquisition, construction, technology integration, and operational efficiencies to support the company’s aggressive expansion plans in Lucknow and adjoining growth corridors.

    The press interaction also spotlighted Jashn Realty’s flagship residential project, Jashn Elevate, located in the premium micro-market of Sushant Golf City, Lucknow. Designed as a future-ready lifestyle destination, Jashn Elevate reflects the developer’s vision of combining modern architecture, luxury amenities, and seamless urban connectivity.

    Project Overview – Jashn Elevate

    Spread across approximately 10 acres, Jashn Elevate is a thoughtfully planned gated residential community comprising 12 towers with a mix of 2.5 BHK, 3 BHK, 3.5 BHK and residences with servant quarters. The project is strategically positioned to offer excellent connectivity to key landmarks including Ekana Cricket Stadium, HCL IT City, Medanta Hospital, reputed educational institutions, and Chaudhary Charan Singh International Airport.

    The development boasts over 56 lifestyle and wellness amenities, including a grand clubhouse, co-working spaces, mini theatre, crèche, banquet and private event halls, landscaped green zones, fitness and sports facilities, and dedicated recreational areas for all age groups. The project is being developed in phases, with construction progressing steadily, reflecting Jashn Realty’s delivery-driven approach.

    Channel Partner Meet Strengthens Market Confidence

    Alongside the press conference, Jashn Realty also hosted an exclusive channel partner engagement event in Lucknow, reinforcing its strong collaborative ecosystem. The event witnessed participation from approximately 68 channel partners, with a gathering of over 400 attendees, making it one of the largest partner meets organized by the company to date.

    Addressing the channel partners, Mr. Rahul Aggarwal, MD, Jashn Realty, acknowledged their pivotal role in the company’s growth journey. He stated that channel partners are not merely sales enablers but long-term stakeholders who help translate the brand’s vision into market success. The session included strategic discussions on upcoming opportunities, market outlook, and enhanced support systems for partners.

    Strategic Vision & Market Outlook

    Reiterating Jashn Realty’s long-term vision, Mr. Aggarwal shared that the company is focused on adopting advanced construction technologies, strengthening quality control mechanisms, and integrating smart-living features across projects. Sustainability, transparency, and customer trust will continue to remain central to Jashn Realty’s operations.

    With rising demand for premium yet well-planned residential developments in Lucknow, Jashn Realty aims to play a defining role in shaping the city’s next phase of urban growth, supported by strong financial planning and execution excellence.

    About Jashn Realty

    Jashn Realty is a Lucknow-based real estate development company known for its commitment to quality construction, timely delivery, and customer satisfaction. Driven by integrity, transparency, and innovation, the company continues to expand its footprint with thoughtfully designed residential projects that offer long-term value to homebuyers and investors alike.

    For more information, visit:

    https://www.jashnrealty.com/

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  • Ducon’s Early Carbon Capture Strategy Receives Policy Validation as India Accelerates CCUS Deployment

    Ducon’s Early Carbon Capture Strategy Receives Policy Validation as India Accelerates CCUS Deployment

    Mumbai (Maharashtra) [India], February 04: Ducon Infratechnologies Limited (NSE- DUCON | BSE- 534674 | INE741L01018). For years, Ducon Infratechnologies has been betting big on a cleaner future, quietly refining its solvent-based carbon capture R&D while the rest of the industry watched from the sidelines. That gamble just paid off.

    With the unveiling of the Union Budget 2026–27, the Indian government has signaled a massive shift in the nation’s energy landscape, proposing a staggering ₹20,000 crore outlay over the next five years to fast-track Carbon Capture, Utilisation, and Storage (CCUS) technologies. This policy landmark doesn’t just validate Ducon’s long-standing vision—it sets the stage for the technology-driven EPC firm to lead a multi-billion-rupee charge toward India’s net-zero goals.

    Policy Tailwind for Carbon Capture

    The multi-year fiscal commitment positions CCUS as a core pillar of India’s decarbonisation strategy, particularly for industrial sectors where emission-reduction options remain constrained.

    Early R&D Investment Ahead of Policy Announcements

    Ducon initiated its solvent-based carbon capture R&D programme in September 2025, well ahead of the policy announcement, reflecting a proactive approach aligned with India’s long-term industrial transition.

    The programme focuses on:

    • Development of proprietary solvent systems for post-combustion carbon capture
    • Structured laboratory experimentation and process modelling
    • Pilot-scale validation to assess technical performance and scalability

    CCUS: A Structural Industrial Opportunity

    India’s decarbonisation roadmap points to growing CCUS adoption across cement, steel, refining, chemicals, and power generation, where large brownfield assets limit near-term emission-reduction options.

    Continued reliance on coal- and gas-based power for grid stability is expected to sustain demand for carbon capture systems, integration services, and long-term operations.

    The Indian carbon capture and storage market is projected to grow at a CAGR of approximately 10.3% between 2025 and 2030, supported by tightening emission norms, the development of an Indian Carbon Market, and direct fiscal backing through the ₹20,000 crore CCUS allocation.

    Execution Readiness and Strategic Optionality

    Ducon expects its early R&D initiatives to strengthen its positioning through:

    • Technology differentiation via proprietary solvent systems and process know-how
    • Engineering and lifecycle services, including EPC, operations, maintenance, and solvent management
    • Strategic optionality as the CCUS ecosystem expands across capture, transport, utilisation, and storage

    The Company views the Government’s CCUS push as validation of its strategic direction as India’s carbon capture market moves from policy intent to industrial execution.

    Arun Govil, Chairman & Managing Director, Ducon Infratechnologies Ltd., said:

    The scale and duration of the Government’s CCUS commitment clearly signal that carbon capture will become an integral part of India’s industrial framework. By investing early in solvent-based carbon capture R&D, Ducon has focused on preparedness rather than reaction. This policy momentum strengthens our conviction and supports our objective of serving as a long-term technology and engineering partner as the market develops.”

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.

  • 5 Years. 5 Products. One Mission: ENORD Marks Half a Decade of Indigenous AI-Driven Drone Innovation on Drone Day 2026

    5 Years. 5 Products. One Mission: ENORD Marks Half a Decade of Indigenous AI-Driven Drone Innovation on Drone Day 2026

    Event underscores Atmanirbhar Bharat through structured training, simulation-led readiness, and responsible unmanned innovation

    New Delhi [India], February 04: ENORD Pvt. Ltd. marked Drone Day and its five-year milestone with a strategic conclave bringing together senior defence veterans, industry leaders, and academicians. The event focused on strengthening India’s unmanned aerial systems ecosystem through indigenous development, training, simulation, and responsible autonomy.

    In his address, Mr. Muhammad Anas, Founder & CEO, reflected on ENORD’s journey from concept to capability, emphasising training-first platforms, operational relevance, regulatory compliance, and mission-aligned innovation tailored to defence requirements.

    The first panel discussion on training and readiness highlighted the importance of structured UAV training frameworks and simulation-led learning to ensure safe, scalable, and compliant operations, supported by collaboration between industry, academia, and skill institutions.

    ENORD showcased key indigenous systems including the XRD Simulator, Altitude autonomy stack, EDIY training kit, HAVOC FPV Drone, and Inspector X ISR platform, demonstrating a focus on operational preparedness rather than standalone technology demonstrations.

    A second panel examined the integration of artificial intelligence and autonomy in defence systems while retaining meaningful human control. Discussions centred on ethics, accountability, and command responsibility in AI-enabled military applications.

    The programme concluded with employee recognition for professional excellence, followed by closing reflections from the leadership on sustainable growth, ethical governance, and ENORD’s continued commitment to Atmanirbhar Bharat and defence-aligned innovation.

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  • Big Boost for Para Sports: Yogesh Shelly Appointed Director of Para Athlete Development and Special Programs, India Para Powerlifting; Office Inaugurated by JP Singh and Satya Prakash Sangwan

    Big Boost for Para Sports: Yogesh Shelly Appointed Director of Para Athlete Development and Special Programs, India Para Powerlifting; Office Inaugurated by JP Singh and Satya Prakash Sangwan

    Samana (Punjab) [India], February 04: Para sports in India achieved a major milestone today as Yogesh Shelly was officially appointed Director of Para Athlete Development & Special Programs, India Para Powerlifting, a unit of the Paralympic Committee of India (PCI). The official appointment letter was issued by IRS JP Singh, Chairman of India Para Powerlifting, in the presence of Satya Prakash Sangwan, Vice President, Paralympic Committee of India.

    Adding to the significance of the day, a new Para Powerlifting office was opened in Samana, Patiala, under the leadership of Yogesh Shelly. The office was formally inaugurated jointly by IRS JP Singh and Satya Prakash Sangwan, marking an important step towards strengthening grassroots infrastructure and support for para athletes in the region. This office is expected to serve as a hub for training, guidance, and coordination for para athletes from nearby districts and states.

    Speaking at the inauguration, IRS JP Singh emphasised the importance of local-level infrastructure and strong leadership in identifying talent and supporting athletes. Satya Prakash Sangwan also highlighted the role of such initiatives in building inclusive platforms and providing better opportunities for para athletes to excel at national and international levels.

    Yogesh Shelly expressed his gratitude for the trust placed in him and said that, as Director of Para Athlete Development & Special Programs, his focus will remain on athlete welfare, talent identification, and developing structured programs to strengthen para powerlifting in India.

    The appointment and the office inauguration were widely appreciated by sports officials, athletes, and local supporters, who called it a landmark step towards inclusive sports growth and a brighter future for para powerlifting in India.

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  • Davaindia Launches 77 New Company Stores on India’s 77th Republic Day, Strengthening Its Mission of Affordable Healthcare

    Davaindia Launches 77 New Company Stores on India’s 77th Republic Day, Strengthening Its Mission of Affordable Healthcare

    New Delhi [India], February 04: Marking a proud national milestone, Davaindia – The Generic Pharmacy, under the aegis of Zota Healthcare Ltd., announced the launch of 77 new company stores across India on the occasion of the country’s 77 Republic Day. This landmark expansion reflects Davaindia’s commitment to making quality and affordable healthcare accessible to every Indian household.

    The simultaneous opening of 77 new company stores& 26 network partner stores reinforces Davaindia’s vision of “HarGhar Ki Pharmacy”, expanding its footprint across metros, Tier 2, and Tier 3 cities, and bringing trusted generic medicines closer to communities nationwide.

    Speaking on the occasion, Dr. Sujit Paul, Group CEO, Zota Healthcare, said,

    “Launching 77 Davaindia company stores& 26 network partner stores on the 77th Republic Day is symbolic of our belief in a self-reliant, healthier India. Affordable healthcare is a national imperative, and Davaindia is proud to contribute by ensuring access, trust, and transparency in medicine pricing.”

    Davaindia stores offer high-quality generic medicines at affordable prices, helping families reduce healthcare expenses without compromising on quality. With this expansion, the brand continues to empower patients, create local employment opportunities, and strengthen India’s healthcare retail ecosystem.

    As India celebrates its Republic Day, Davaindia reaffirms its pledge to serve the nation by making healthcare more inclusive, accessible, and affordable for all.

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  • Airports Authority of India Awards INR 17.16 Crore AI-Powered BIM-Based Project Monitoring System Contract to SoftTech Engineers Limited

    Airports Authority of India Awards INR 17.16 Crore AI-Powered BIM-Based Project Monitoring System Contract to SoftTech Engineers Limited

    Pune (Maharashtra) [India], February 04: SoftTech Engineers Limited, a trusted name in technology-driven solutions for infrastructure and construction management has been awarded a prestigious contract worth INR 17.16 Crore by the Airports Authority of India (AAI).

    Under this engagement, SoftTech Engineers Limited will deploy a BIM-based Project Monitoring System (BPMS) to enable digital, real-time monitoring of infrastructure projects across planning, execution, and reporting stages. The solution is designed to enhance visibility, transparency, and control over complex infrastructure projects, empowering stakeholders to make faster and more informed decisions throughout the project lifecycle.

    The BPMS will be powered by CivitINFRA, SoftTech Engineers’ proprietary digital platform, enriched with Artificial Intelligence (AI) and Machine Learning (ML) capabilities. The integrated system brings together critical project functions—including cost estimation, budgeting, contract management, progress tracking, communication, documentation, and reporting—within a single, unified environment. This holistic approach simplifies project oversight while improving coordination and accountability among all stakeholders.

    SoftTech

    Accessible through both web and mobile interfaces, the platform will provide real-time insights and actionable analytics, ensuring that project teams and decision-makers remain connected and informed anytime, anywhere.

    “We are honored to partner with the Airports Authority of India on this landmark project. By integrating AI-powered technology into project monitoring, we are setting new benchmarks for transparency, efficiency, and informed decision-making in infrastructure development. This initiative reflects our ongoing commitment to driving digital transformation and innovation across India’s infrastructure sector.” said Mr. Vijay Gupta, MD and CEO, SoftTech Engineers.

    The award underscores the Airports Authority of India’s confidence in SoftTech Engineers’ technical expertise and its proven ability to deliver reliable, future-ready digital solutions for large-scale infrastructure programs. It also reflects a shared commitment to leveraging advanced technologies to strengthen efficiency, governance, and transparency in public infrastructure development.

    This project further reinforces SoftTech Engineers’ position as a key partner in India’s infrastructure digitization journey and sets the stage for wider adoption of intelligent, technology-led project management solutions across the sector.

    About SoftTech Engineers Limited

    SoftTech Engineers Limited is a technology-focused company delivering AI-enabled, software-driven solutions for the infrastructure, construction, and enterprise sectors. With a strong emphasis on innovation and digital transformation, the company helps organizations improve operational efficiency, governance, and project outcomes across the built environment.

    Website: https://softtechglobal.com

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  • NTT DATA Business Solutions announces Transformation NOW! 2026 India

    NTT DATA Business Solutions announces Transformation NOW! 2026 India

    Krunal Patel, Managing Director NTT DATA Business Solutions

    Hyderabad (Telangana) [India], February 04: As AI piques India’s interest NTT DATA Business Solutions, a leading global provider of SAP-centric transformation services, has announced its flagship event “Transformation NOW! 2026 India.” The event brings together over 1,500 industry professionals, business leaders and technology innovators to explore the next frontier of enterprise transformation at Anvaya Conventions, Hyderabad, on 12th February 2026.

    Transformation NOW! serves as India’s premier platform for CXOs, IT heads and business decision-makers to brainstorm cutting-edge transformations, experience state-of-the-art solutions and forge strategic partnerships that drive sustainable business growth. Its salient features include one-on-one executive and customer meetings, exclusive breakout zones and roundtables. This year, the flagship event is themed “Beyond Digital Transformation: Building Adaptive, Data-Driven Enterprises” with key partners from the ecosystem such as GCP, SAP, ServiceNow and more.

    Krunal Patel, Managing Director NTT DATA Business Solutions India, said: “Transformation NOW! has evolved into India’s most influential gathering for business innovation around SAP. As we enter 2026, organizations are no longer asking whether to embrace AI and data-driven strategies but how to implement them effectively. This year’s event will provide our customers and partners with actionable insights, proven frameworks and real-world success stories that demonstrate how adaptive enterprises are winning in today’s dynamic business environment.”

    The day’s programming will feature executive insights with an impressive lineup of thought leaders including Norbert Rotter, CEO NTT DATA Business Solutions, reinforcing NTT DATA’s commitment to the Indian enterprise ecosystem and SAP leadership team who will share SAP’s vision for the Indian market. A special highlight will be the keynote of Srikanth Bolla, Founder of Bollant Industries, whose entrepreneurial journey continues to motivate business leaders across the country.

    Transformation NOW! 2026 India will host 1,500+ industry professionals and business leaders, with 4+ partners and sponsors, and 15+ experience zones, including an Innovation Hub and AI Arena, to enable hands-on discovery and peer learning.

     For more information please visit:

    NTT DATA Business Solution on LinkedIn:https://www.linkedin.com/company/ntt-data-business-solutions/

    About NTT DATA Business Solutions

    NTT DATA Business Solutions is a leading global IT service provider focused on SAP with a powerful ecosystem of partners like Microsoft and ServiceNow. With more than 35 years of in-depth experience, we enable companies worldwide to become Intelligent Enterprises. We deliver end-to-end solutions that accelerate sustainable growth and success – from strategic consulting and implementation to managed services and beyond. As a global strategic SAP partner, we drive innovation and leverage the latest technologies to support our customers individually and across all industries. Our more than 18,500 dedicated employees in over 30 countries work passionately every day to make it happen.

    NTT DATA Business Solutions is part of NTT DATA, a $30+ billion business and technology services leader in AI and digital infrastructure headquartered in Tokyo. Together, we accelerate client success and positively impact society through responsible innovation. As a Global Top Employer, we have experts in more than 70 countries. NTT DATA is part of NTT Group.


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