Author: Sutun Nayak

  • Home Kitchens Are the New Michelin-Tables — and India Is Eating It Up (with a Side of Spices & Struggle)

    Home Kitchens Are the New Michelin-Tables — and India Is Eating It Up (with a Side of Spices & Struggle)

    Mumbai (Maharashtra) [India], December 6: Imagine your mother’s kitchen, perfumed with cumin and cardamom, transformed into a boutique think-tank of flavours. That’s the quiet revolution unfolding across Indian cities in 2025 — as home kitchens morph into gourmet start-ups, and “home chef” no longer means grandma stirring dal, but an entrepreneur plating memories.

    Technology — and a certain restlessness with run-of-the-mill restaurant fare — have blown open the doors of traditional kitchens. In 2025, a growing legion of home cooks, hobby-chefs, and homemakers is scaling up: offering regional fare, curated pop-ups, weekend meal subscriptions, and personalised catering for city-dwellers craving authenticity.

    No longer confined to family dining tables, these kitchens are becoming micro-enterprises — blending nostalgia, entrepreneurship and a dash of culinary daring.

    What’s Fueling the Home-Chef Boom? (And Why 2025 Feels Like the Right Moment)

    • Desire for authenticity: As commercial restaurants grow more standardised, there’s renewed hunger for home-style cooking — regional thalis, family recipes, comfort food made with fresh ingredients and love. That raw human touch is hard to replicate under neon lights and industrial kitchens.

    • Lower barriers to entry: Compared to starting a restaurant — with rent, staff, décor — a home-based food business or cloud-kitchen requires far less capital. Many chefs say initial investment can be modest, making it accessible even to homemakers or part-timers.

    • Digital & social empowerment: With social media, WhatsApp, and community networks, home chefs can reach customers directly. No need for expensive ads or aggregator commissions (in some cases). The internet plus word-of-mouth works surprisingly well.

    • Changing consumer habits: Urban Indians — often living away from their hometowns — crave nostalgia. A home-cooked thali from “back home” gives them comfort; a pop-up featuring regional cuisine offers a taste of roots. That demand fuels the weekly meal orders, subscriptions, and festive pop-ups that home chefs offer.

    As a result, what once was just weekend cooking or occasional catering is becoming a sustained business model — a trend that’s quietly rewriting the rules of dining in India.

    What’s Great — And What Has a Bitter Aftertaste

    The Upside

    • Economic empowerment & inclusivity: Homemakers (often women) are reclaiming kitchens as sources of income. Food isn’t just survival or taste — it’s autonomy, agency, and dignity.

    • Diverse culinary resurgence: From regional recipes to lesser-known cuisines, there’s a renaissance of cultural food identity — flavours your grandmother knew, resurging with rightful pride.

    • Accessible gourmet experiences: For people who can’t afford fine-dining or don’t have the time, home-chef food bridges the gap: affordable, warm, and familiar.

    • Flexibility for chefs & customers: Chefs can manage work-from-home, balance personal life; customers can enjoy home-cooked meals without the effort.

    The Underbelly

    • Unpredictable quality and hygiene: Unlike regulated restaurants (with health inspections, trained staff), home kitchens often lack formal checks. Trust hinges on social-media photos and personal reputation. Good for loyalists; risky for newbies.

    • Sustainability & scalability issues: A recipe that works for 2–5 orders may crumble under 50–100. Scaling up demands better infrastructure, which many chefs can’t afford.

    • Market saturation and competition: As more people enter the space, standing out becomes harder. Without marketing skills or a unique USP, it’s easy to drown in the crowd.

    • Digital-dependency & commission traps: Many still rely on aggregator platforms with high commissions, or spend heavily on ads. Profit margins can shrink fast once costs are factored in.

    • Inconsistent demand & unpredictability: Weekends, festivals, and social events boost orders — but weekdays can be sluggish. The feast-or-famine pattern is real, and financial instability lurks if chefs don’t diversify or manage smartly.

    So What Does This Say About India’s Food Future?

    If 2025 marks the tipping point, the aftermath is already visible:

    • Cloud kitchens, home-chef pop-ups, and personalised catering are no longer fringe — they’re becoming embedded in urban dining culture.

    • Culinary diversity will flourish: expect more regional menus, fusion home-style menus, and niche cuisines (for example, tribal, regional, forgotten foods) to resurface.

    • New business models: small-scale meal-subscription services, community-based meal boxes, regional-food delivery, direct-to-consumer models — imagine “taste-of-home” subscriptions from across states.

    • Redefinition of “eating out”: Dining out won’t always mean restaurants; it might mean getting a handcrafted meal from a home-chef kitchen — cosy, personal, homely.

    This evolution blurred the lines between “home food” and “commercial food.”

    But with evolution comes responsibility. As this space matures, issues of food safety, hygiene, transparency, consistency, and consumer trust must be addressed. It can’t just be about nostalgia and Instagram-worthy plating.

    What Aspiring Chefs or Entrepreneurs Should Watch Out For

    • Invest in cleanliness, hygiene, and transparent packaging — your reputation is fragile.

    • Build a brand story — regional roots, personal journey, authenticity — because that’s what clients buy alongside food.

    • Use direct channels (WhatsApp, social media, community referrals) to reduce dependency on aggregator commissions.

    • Diversify service offerings: weekend pop-ups, subscription meals, festive boxes — don’t rely on random orders.

    • Plan for scale-up challenges: ingredient supply, consistent quality, managing larger orders — that’s a different beast than cooking for family.

    PNN Lifestyle

  • Oyu Green: India’s Climate-Tech Pioneer Redefining Global Climate Finance with Transparency and Impact

    Oyu Green: India’s Climate-Tech Pioneer Redefining Global Climate Finance with Transparency and Impact

    New Delhi [India], December 6: As the world accelerates toward its net-zero goals, India-born climate finance company Oyu Green is leading the charge in a complete rethink of how emerging markets tap into and deploy climate capital. Through a special blend of technology, transparency, and community empowerment, Oyu Green bridges the global divide between investors seeking credible carbon projects and communities driving measurable climate action.

    Oyu Green is founded by Deep Ram Gupta, a Cornell University alumnus and former climate strategist for Fortune 100 companies in New York, on a mission to turn climate change from a global threat into a global opportunity. This includes building India’s first global climate finance platform, able to mobilize billions in private capital toward verified, high-impact energy transition projects.

    From Wall Street to Climate Streets

    After a few years of advising large corporations on their transition to net-zero emissions, Deep realized the core flaw in the global climate ecosystem: capital was available, yet accessibility, transparency, and accountability were missing in emerging markets. The absence of any credible verification and measurable impact kept investors from effectively deploying funds.

    This realization thus stirred the development of Oyu Green: a platform that would directly link capital to credible, verified carbon projects in regions where it can make the most difference.

    Driving Global Impact from India

    Oyu Green is located in seven countries across Africa and Asia, including South Africa, Kenya, Tanzania, Nigeria, and India and houses over 15 UN-verified projects that encompass over 75,000 acres. These initiatives vary from renewable energy to reforestation, clean cooking and regenerative agriculture among others.

    Why Emerging Markets Matter

    Emerging economies, such as India and those across Africa, represent more than 60% of the world’s climate investment needs but receive less than 15% of global flows of climate finance. Oyu Green is determined to close this gap.

    Through its cross-continental network and verified partnerships, the company ensures that climate capital reaches the last mile-to communities and ecosystems where it has the highest potential for impact. In doing so, Oyu Green contributes to not only carbon reduction but also to local employment, livelihoods, and community resilience.

    Deep Ram Gupta’s Vision: India as a Global Climate Capital

    Deep’s long-term objective is to make India a global centre for verified climate finance, where technology, policy, and private capital converge to scale meaningful impact.

    In the following round of development, Oyu Green is determined to expand the scale of its climate financing portfolio in over 25 countries by 2027 and leverage billions of dollars in personal and institutional funds into verified projects. The current company is actively engaged in the creation of its own Climate Impact Index that aims to allow the stakeholders to quantify not only the carbon impact but also the social and biodiversity performance in the same framework.

    As the momentum gains a boost towards net-zero, Oyu Green is poised to be on the frontline of a new phase of global climate leadership, whereby India will spearhead the climate transformation of the Global South by means of trust, technology, and practical effect.

    About Oyu Green

    Oyu Green is an India-based global climate finance company committed to enabling verified, transparent, and technology-driven climate action. Driven by its mission to unlock billions in private capital towards high-impact climate solutions that empower communities and preserve the planet, Oyu Green was founded by Deep Ram Gupta, an environmental engineer from Cornell University. It operates across Africa and Asia, managing a growing portfolio of UN-verified carbon projects.

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  • Omega Cabs Hosts Training Workshop for Drivers; Awards Scholarships to Drivers’ Children & Distributes Sewing Machines to Drivers’ Families

    Omega Cabs Hosts Training Workshop for Drivers; Awards Scholarships to Drivers’ Children & Distributes Sewing Machines to Drivers’ Families

    New Delhi [India], December 6: Emerging Employee Transportation company Omega has organized a comprehensive workshop on 29th November 2025 with demonstrations, to educate cab drivers on discipline, punctuality, cleanliness, time management, traffic rules and professionalism. After the safety training program Omega distributed a mobile holder for all attendees which helps the cab driver to see the map while driving. After the training Omega gave awards for best drivers(R&R).

    Omega Cabs, A prominent player in Employee transportation services; Offers comfort, convenience, and safety commute to corporate professionals. Omega mission is to simplify employee commutes and provide end-to-end transportation solutions for the Corporate Sector. Omega Cabs’ Core Services are Employee Transportation, Car Rental, Airport Transfers, Shuttle vehicles, Luxury Car Rentals, Outstation travel services. Headquartered at Bangalore serving all metro cities, tier 2 and tier 3 cities across PAN India.

    In addition to the safety training program, Omega Cabs stepped towards social initiative also. Scholarship Award for Drivers’ Children and Free tailoring machine distribution for selected drivers’ families. This scholarship is exclusively available to children of cab drivers pursuing higher education. Lishita Mudduraj (SSLC 97%), Dimple Suresh Maney (SSLC 93%), Unnati Ravindra (SSLC 89%), Niveditha Ramakrishna (SSLC 80%), Dhruva Ramesh (PUC 89%), Mathew Arockia (PUC 92%), Prithvi Rajesh (PUC 82%), Shwetha Raganna (B.Com 91%), Mahima Shyam (B.Com 89%), Dhiya Suresh Maney (MBBS 2nd Year 71%) got a scholarship award from Omega. This scholarship award to recognise their achievement and motivate others to achieve success. Along with this initiative free sewing machines were distributed to the families of selected cab drivers. The aim of this free sewing machine distribution program is to support their families by providing earning options and contribution to the empowerment of women. Basavanna, Ravish, Mallesh, Niranjan, Santosh, Kasif family got this free Tailoring machine.

    Continued Support for Driver Welfare Omega’s endeavour for the welfare of its drivers is evident through previous initiatives, such as the scholarship award from 2022-23, Free Tailoring Machine in 2024 & 2025, distribution of free medical kits, uniforms and essential supplies.

    Headquartered in Bangalore, Omega cabs operates nationwide, providing comprehensive transportation solutions tailored to the needs of corporate clients. Daily Employee Transportation, Car hire, car rental service, Airport transfers, shuttle service, Luxury car rentals, Application based office commute and outstation cab service. Recognised as the Most Promising Company for Employee Transportation and Car Rental in Bangalore from Business Mint Nationwide Awards 2023 and 2024.

    Professional Trainer Dr.Usha Mohan, Shrinath N, ASI Traffic, Ramesh Traffic Police Dept and Omega staff Ganapathy, Naveen, Chetan, Lavesh, Kasif, Raghuraj, Prajwal were present during this Program. (www.omegacabs.in)

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  • Cloud Dancer: When White Becomes the Boldest Statement of 2026

    Cloud Dancer: When White Becomes the Boldest Statement of 2026

    Mumbai (Maharashtra) [India], December 6: There it is — silky, silent, soft as a sigh. Pantone Color Institute has crowned Cloud Dancer (PANTONE 11-4201), a minimalist, ethereal white, as the 2026 Color of the Year.

    But white? Really? In a world that still tricks itself out in neon, loud prints, and a thousand hashtags for “unique style”? Yes — because apparently, the global mood has decided to hit mute.

    Cloud Dancer — A “Quiet Reset” in Turbulent Times

    The Color Institute describes Cloud Dancer as a “billowy, balanced white imbued with a feeling of serenity,” a “lofty neutral whose aerated presence whispers calm in a noisy world.” It’s not the sterile killer-white of hospital walls, but a softer breath of white — warm and cool undertones in delicate harmony.

    Why now? Because we live in a time of information overload, global disquiet, and perpetual noise — maybe Pantone felt we needed a pause, a blank canvas. Designers and color forecasters say 2026 is about minimalism, clarity, balance — a subconscious craving for stillness.

    White has always had a dual personality: serene and pure, or cold and stark. With Cloud Dancer, Pantone seems to be going for the former — a chance to reset, to breathe, to start again. Many fashion houses and interior designers are already quietly weaving it into spring collections and décor palettes.

    What It Means — For Fashion, Homes, Mood

    • Fashion: Expect airy linens, soft draped fabrics, and relaxed silhouettes. Cloud Dancer works as a base — pairing beautifully with pastels, earthy tones, or even bold accents. Pantone calls it a universal canvas that amplifies rather than competes.

    • Homes & Interiors: Think minimalist spaces, calming interiors, soft light, natural materials. Cloud Dancer isn’t scream-loud — it’s whisper-quiet. Perfect for urban apartments, creative studios, or calm corners that need breathing space in chaotic times.

    • Mindset & Lifestyle: In an era when chaos is the norm—notifications, deadlines, uncertainty—Cloud Dancer becomes a metaphorical exhale: clear, calm, uncluttered—a chance to declutter the mind and the environment.

    It’s a subtle kind of rebellion — against overstimulation, against bright-neon trends, against “louder is better.”

    But Not Everyone’s Buying the Calm

    Of course, some critics aren’t impressed. For a Color of the Year — a spotlight meant to ignite creativity — choosing a shade of white feels… anticlimactic. To them, Cloud Dancer is: “white paint”, “background color”, maybe “too safe.”

    Some see a darker subtext: this retreat into minimalism — this “blank-canvas aesthetic” — mirrors economic anxiety and cultural exhaustion. One culture-observer described it as a possible “recession indicator”: when bold colours fade, austerity bleeds into design.

    White’s symbolism is also complicated: purity and calm to some, sterility and emptiness to others. In a politically charged, culturally sensitive world, declaring “white” as the universal reset button can feel tone-deaf or at least reductive.

    And yes — practicality bites. White stains. White shows dust. White demands constant upkeep. Not exactly the most forgiving wardrobe or décor decision.

    What This Choice Says About Us (Whether We Like It or Not)

    When a global authority picks a soft white as “the shade of the year,” it means something more than just paint swatches and fabric samples. It means:

    • Designers believe consumers are craving calm over chaos.

    • Brands see opportunity in ‘quiet luxury’ — subtle, elegant, minimal.

    • Societies perhaps turning inward — seeking clarity, simplicity, pause.

    • Cultural fatigue is hitting; identity is shifting from flash to stability.

    Cloud Dancer isn’t just a trend. It’s a mirror. A chance to reflect — literally and metaphorically. And while it may not please everyone, it doesn’t need to. Its power lies in its subtlety.

    PNN Lifestyle

  • Solidaridad and IISS launch the first-ever Professor Rattan Lal Awards on World Soil Day

    Solidaridad and IISS launch the first-ever Professor Rattan Lal Awards on World Soil Day

    Bhopal (Madhya Pradesh) [India], December 6: Marking World Soil Day, Solidaridad and the ICAR–Indian Institute of Soil Science (IISS) inaugurated the Professor Rattan Lal Awards for Excellence in Regenerative Agriculture, in Bhopal, beginning a new annual tradition to honour exemplary contributions to soil health and sustainable farming across India. Instituted this year for the first time, the awards pay tribute to the extraordinary legacy of Professor Rattan Lal, one of the world’s most influential soil scientists, a World Food Prize laureate, and a leading global voice on soil carbon sequestration and climate-resilient agriculture. Professor Lal joined the event virtually from the United States, delivering an inspiring address on the urgent need to restore soils for food security, climate action, and ecological balance.The inaugural Lifetime Achievement Award was presented to Padma Shri Dr. M.H. Mehta for his decades-long leadership in eco-agriculture and soil regeneration. Thirteen additional awardees were recognised in different categories for outstanding innovations and impact in regenerative agriculture, including Er. Awadhesh Kumar Nema, ICAR–National Soybean Research Institute (NSRI), Smt. Rajni Kushwah, Dr. Savita Kumari, Dr. Opinder Singh Sandhu, Sarvathobhadram Organics Society, Shri Kamlashankar Vishwakarma, Louis Dreyfus Company India, Jawaharlal Nehru Krishi Vishwa Vidyalaya (JNKVV), Dr. Ram Swaroop Meena, Bharuwa Agriscience, the Solvent Extractors’ Association of India, and journalist Mrityunjay Kumar Jha.

    Speaking at the ceremony, Dr. Shatadru Chattopadhayay, Managing Director, Solidaridad Asia, said, “Professor Rattan Lal has been our deepest inspiration as far as soil health is concerned. In our commitment to advance regenerative agriculture, Solidaridad has initiated these awards to honour his unparalleled contribution to global soil science. Today, we celebrate champions who are rebuilding soils, empowering farmers, and shaping a climate-resilient future for India.”

    Dr. Manoranjan Mohanty, Director, IISS, added, “Launching these awards on World Soil Day holds great significance. The event has brought together innovators who are truly transforming India’s soil and farming systems. Their achievements reflect the spirit of Professor Lal’s vision—scientific, scalable, and deeply rooted in farmer welfare. IISS is proud to partner with Solidaridad in recognising such impactful work.”

    Dr. Suresh Motwani, General Manager, Solidaridad, said “World Soil Day is the most meaningful moment to launch this award. Our long association with Professor Rattan Lal has continually inspired our work on soil health, and this initiative is a tribute to his remarkable legacy. Through these awards, we hope to motivate the next generation and drive real, community-level transformation in restoring and protecting our soils.”

    On this occasion, two important books were unveiled—An Ounce of Actions: Science, Spirituality and Sustainable Development authored by Padma Shri Dr. M.H. Mehta, and the Hindi edition of Professor Rattan Lal’s seminal work, ABC of Regenerative Agriculture. Solidaridad and IISS also jointly announced the upcoming release of a Coffee Table Book featuring 20 eminent women soil scientists, which will be launched on the occasion of International Women’s Day.

    The inaugural edition of the Professor Rattan Lal Awards reinforces Solidaridad and IISS’s joint commitment to promoting soil-first, nature-positive, and regenerative agricultural systems across the country while honouring the legacy of one of the greatest soil scientists of our time.

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  • Lovera Unveils Its Debut Collection: ‘Endless Amore’, A Love Letter to Italian Elegance

    Lovera Unveils Its Debut Collection: ‘Endless Amore’, A Love Letter to Italian Elegance

    Mumbai (Maharashtra) [India], December 6: Lovera, the newly launched affordable luxury fashion house by Anjulee Agrawal, proudly announces its first collection, “Endless Amore” — a stunning ode to the timeless allure of Italian artistry. Designed in Italy, where style is a language and romance breathes through every cobblestone street, Lovera emerges with a vision that redefines modern femininity: refined, contemporary, and effortlessly chic.

    Steeped in the spirit of Italy, Endless Amore is a capsule born from passion, a collection where beauty whispers through every curve, every stitch, and every silhouette. It celebrates the woman who wears it: her elegance, her confidence, and the quiet power she carries with grace. Each piece is thoughtfully crafted with meticulous attention to detail, blending sleek, refined forms with that irresistible Italian touch that feels both timeless and strikingly fresh.

    Lovera invites women everywhere to begin their Love Era, a chapter where style becomes a form of poetry, and dressing transforms into an intimate expression of self. With Endless Amore, Anjulee Agrawal introduces not just a brand, but a feeling: love woven into fabric, passion sculpted into form, and romance sewn into every seam.

    Anjulee Agrawal, Founder of Lovera, says:
    “Lovera was born from my desire to create pieces that feel like poetry in motion, garments that celebrate a woman’s elegance, her fire, and the beautiful duality of her strength and softness. I want every woman to love herself, be completely self-obsessed. Designing this collection in Italy allowed me to infuse every silhouette with the soul of romance and the discipline of true craftsmanship. Endless Amore is not just a debut; it is an emotion, a promise, and the beginning of every woman’s Love Era”

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  • TechD Cyber Security Ltd. Announces Establishment of “TechD Cyber Valley” in Ahmedabad

    TechD Cyber Security Ltd. Announces Establishment of “TechD Cyber Valley” in Ahmedabad

    Ahmedabad (Gujarat) [India], December 6: TechD Cyber Security Ltd., a leading Gujarat-based cybersecurity company, has announced the creation of its ambitious “Techdefence Cyber Valley” in Ahmedabad. The company is commencing the project with a groundbreaking ceremony on December 6, marking the beginning of a state-of-the-art cybersecurity ecosystem spread across a 60,000 sq. ft. facility on Science City Road. A Major Step Toward Building an Ecosystem to Combat Global Cybercrime; India’s Most Advanced Global SOC to Rise at the New Campus Ahmedabad.

    TechD Cyber Security Ltd. PNN

    The upcoming Techdefence Cyber Valley will house India’s most advanced Global Security Operations Center (Global SOC), positioning it as a pioneering national platform for next-generation cyber defense. The world-class campus will include a Global SOC, Cyber Capability Center, Innovation Lab, Training Academy, and multiple high-tech security units, all designed to counter rapidly escalating cybersecurity threats worldwide.

    TechD Cyber Security Ltd., which recently launched its highly successful SME IPO on the National Stock Exchange, is expanding its operational strength through this strategic infrastructure initiative.

    Speaking about the announcement, Sunny Vaghela,

    Founder, Managing Director & CEO of TechD Cyber Security Ltd., said:

    “Techdefence Cyber Valley will be equipped with India’s most advanced IT SOC, OT SOC, Vehicle SOC, a dedicated Threat Hunting Unit, and Tier-III grade infrastructure. This facility will position TechD as a national powerhouse in cybersecurity innovation. The new campus reflects our commitment to future-proofing global enterprises through AI-driven security, advanced threat intelligence, and sophisticated cyber-range labs.”He further added:

    “Techdefence Cyber Valley is built on a simple yet ambitious vision — to make India not only digitally advanced but digitally secure. Cybersecurity is now a national priority, and this campus is a crucial step toward a self-reliant, cyber-resilient future. By 2030, our aim is to establish TechdefenceCyber Valley as a globally recognized cybersecurity institution where India leads with talent, innovation, and cyber excellence.”

    TechD Cyber Security Ltd. affirms that the TechdefenceCyber Valley initiative will strengthen India’s digital defence capabilities, empower industries, and shape the future of cybersecurity both within the nation and on the global stage.

    For more details, please visit their website: https://techdefencelabs.com/

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  • Patel Retail Limited Posts Strong Q2 FY26 Performance with 15% Revenue Growth, 31% EBITDA Growth, & an Impressive 73% PAT Surge.

    Patel Retail Limited Posts Strong Q2 FY26 Performance with 15% Revenue Growth, 31% EBITDA Growth, & an Impressive 73% PAT Surge.

    Mumbai (Maharashtra) [India], December 5: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, announced its Unaudited Financial Results for Q2 & H1 FY26.

    Key Financial Highlights

    Q2 FY26

    • Total Income of ₹ 225.43 Cr, YoY growth of 14.97%
    • EBITDA of ₹ 19.55 Cr, YoY growth of 31.37%
    • EBITDA Margin of 8.67%, YoY growth of 108 Bps
    • PAT of ₹ 10.14 Cr, YoY growth of 73.20%
    • PAT Margin of 4.50%, YoY growth of 151 Bps
    • EPS of ₹ 3.59, YoY growth of 49.58%

    H1 FY26 

    • Total Income of ₹ 408.63 Cr, YoY growth of 8.97%
    • EBITDA of ₹ 35.43 Cr, YoY growth of 18.60%
    • EBITDA Margin of 8.67%, YoY growth of 70 Bps
    • PAT of ₹ 17.06 Cr, YoY growth of 42.52%
    • PAT Margin of 4.18%, YoY growth of 98 Bps
    • EPS of ₹ 6.42, YoY growth of 30.75%

    Commenting on the performance, Mr Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, said, “The second quarter marked another strong performance for Patel Retail, reflecting steady growth across our retail and non-retail businesses. Our cluster-based expansion, efficient operations, and growing private-label portfolio continued to strengthen profitability and customer engagement.

    We further deepened our presence in the Mumbai Metropolitan Region with the opening of our 46th store in Kalyan and secured new export orders worth ₹22 Cr, expanding our global reach. These developments highlight the trust in our products and our ability to scale efficiently.

    With a stronger balance sheet post-listing and a clear growth roadmap, we remain focused on expanding our store network, enhancing capacity utilisation at our processing units, and driving long-term, sustainable value for all stakeholders.”

    Key Operational Highlights

    Secured new export orders worth ₹22 Cr, taking total export order book to ₹50 Cr.
    • Orders span multiple regions – Europe, UK, Canada, Australia & New Zealand.
    • Reflects strong international demand and growing trust in Patel Retail’s product quality.
    • Executed at state-of-the-art facilities in Ambernath (Thane), Mumbai, and Gujarat.
    • Includes repeat business from long-term global clients, underscoring sustained relationships.
    • Reinforces the company’s robust export capabilities and operational excellence.
    Opened 46th store – Patel’s R Mart, in Yogi Dham, Kalyan, marking the 7th outlet in the city.
    • Strengthens presence in one of Mumbai Metropolitan Region’s fastest-growing suburban markets.
    • Store strategically located to serve rapidly expanding residential communities in and around Yogi Dham.
    • Offers a comprehensive range of groceries, fresh produce, and household essentials for nearby families.
    • Expected to drive strong footfalls and incremental revenue growth from a large local customer base.
    • Aligned with Patel Retail’s expansion strategy and vision to be a leading value retail brand in Western India.

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  • Shipwaves Online Ltd Announces INR 56.35 Cr SME IPO; To Open on December 10th 2025

    Shipwaves Online Ltd Announces INR 56.35 Cr SME IPO; To Open on December 10th 2025

    Mangalore (Karnataka) [India], December 6: Shipwaves Online Limited, a Mangalore-based digital freight forwarding and logistics-tech company, has announced the launch of its ₹56.35 crore Initial Public Offering (IPO) on the BSE SME platform, opening on December 10, 2025, and closing on December 12, 2025.

    The company will issue 4.69 crore equity shares of face value ₹1/- each at a fixed price of ₹12 per share, representing a 33.19% dilution post-issue.

    Unified Logistics & SaaS Solutions Company

    Founded in 2015, Shipwaves operates as a multimodal logistics platform providing ocean, air, and road freight solutions alongside a suite of enterprise SaaS tools for supply chain optimization.

    Its offerings include real-time visibility, automated documentation, online booking, demand forecasting, and digital freight management, enabling seamless, end-to-end logistics operations.

    Strong Financial Growth

    Shipwaves has demonstrated robust growth, with consolidated revenue rising to ₹108.28 crore in FY25, up from ₹96.71 crore in FY24.

    Profit after tax nearly doubled to ₹10.83 crore in FY25, compared to ₹5.83 crore in FY24, while EBITDA margin improved to 17.51%, reflecting enhanced operational efficiencies.

    For the six-month period ending September 30, 2025, the company recorded ₹40.98 crore in revenue and ₹4.45 crorePAT, maintaining a 10.88% profit margin.

    Use of IPO Proceeds

    As per the prospectus, Shipwaves will utilize the IPO funds for:

    • Working capital requirements
    • Investment in its subsidiary
    • Partial repayment/prepayment of borrowings
    • General corporate purposes and issue-related expenses

    Post-Issue Capital Structure

    Post-IPO:

    • Net worth will increase from ₹30.76 crore to ₹87.12 crore
    • Share capital will rise from ₹9.45 crore to ₹14.14 crore, comprising equity shares of face value ₹1/- each

    Promoter shareholding, currently at 99.96%, will reduce to 66.79% post-issue.

    Major promoters include Kalandan Mohammed Haris, Kalandan Mohammed Althaf, Kalandan Mohammad Arif, Abid Ali, Bibi Hajira, and Mohammed Sahim Haris.

    Industry Tailwinds

    Shipwaves operates within two rapidly expanding sectors:

    • India’s logistics market, projected to reach US$ 591 billion by FY27
    • India’s SaaS market, expected to grow to US$ 50 billion by 2030

    These trends provide significant growth momentum for Shipwaves’ hybrid logistics + SaaS business model.

    IPO Intermediaries

    • Lead Manager: Finshore Management Services Pvt Ltd
    • Registrar: Cameo Corporate Services Ltd
    • Market Maker: Anant Securities

    Listing

    Following the issue, the equity shares of face value ₹1/- each will be listed on the BSE SME platform.

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  • Rx Infotech Unveils Its New Logo, Marking a Bold Step in Its Brand Evolution

    Rx Infotech Unveils Its New Logo, Marking a Bold Step in Its Brand Evolution

    Rx Infotech unveils its new logo, symbolising the company’s evolution into a modern, innovation-led technology brand.

    New Delhi [India], December 5: Rx Infotech, a leading name in the sector of technology and innovation, proudly announces the launch  of its new logo – a notable symbol that represents the company’s evolution, growth, and future vision.

    This new identity marks a major milestone in Rx Infotech’s journey, reflecting its transformation into a forward-thinking and innovation-driven brand that continues to empower users and businesses through advanced technology solutions.

    “We’ve unveiled our new logo, which represents more than just a visual change, it’s a reflection of who we are and the direction from where we’re heading,” said Atul Gupta, Director Rx Infotech.

    He further added, “It is built from our spirits of innovation, our commitment to technology, and our focus on enhancing the human experience.”

    The redesigned logo carries a contemporary touch, symbolizing Rx Infotech’s adaptability in a developing tech landscape. The new logo carries a powerful journey of sharp vision with help of design elements, with a touch of modern typography that reflects the company’s energy, creativity, and progressive mindset.

    The rebranding initiative is part of Rx Infotech’s broader vision to strengthen its identity as a customer-first, innovation-led organization. The new logo serves as a bridge between the company’s rich legacy and its future-forward ambitions, celebrating its continuous journey of technological excellence and human-centric innovation.

    “Our refreshed identity signifies agility, trust, and transformation. It marks our evolution from a product-focused company to a holistic tech solutions brand,” added Atul Gupta, DirectorRx Infotech.

    As the new branding rolls out across digital platforms, packaging, and communication touchpoints, With the new identity, customers will experience a more cohesive and inspiring brand journey. Our new logo reflects Rx Infotech’s evolution and future vision. It captures our spirit of innovation, our strong legacy, and our transformation into a modern, customer-first tech solutions brand. This identity marks a new chapter in delivering trusted and progressive technology experiences-added Deepak Sachdeva, Managing Director, Rx Infotech

    The company happily acknowledged the support by all the stakeholders, partners, and customers who joined in celebrating this milestone and witnessed the unveiling of a new chapter in the Rx Infotech journey.

    About RX Infotech

    Rx Infotech is a long-established organization engaged in the import and distribution of electronic products. The company is closely associated with Lapcare, a brand known for its strong market presence, and Dell, recognized for its legacy of premium innovation and exceptional reliability. In addition, Rx Infotech distributes products from 3M and Sunmi, offering a comprehensive range of computer accessories, and supply chain management solutions.

    With a team of over 400 employees, the company has built a strong nationwide presence, operating through a network of 10,000+ dealers and retailers, 200+ service centres, and a cumulative ecosystem of more than 40,000 retailers, distributors, and stockist partners developed over the last 25 years.

    Rx Infotech’s core objective is to deliver high-quality, premium laptop and computer accessories across India, supported by a robust national distribution model and branch presence in every state to efficiently manage supply and service networks.

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