Author: Sutun Nayak

  • Colab Platforms to incorporate “Colab Intelligence Pvt. Ltd.” a Wholly owned Subsidiary to Strengthen its Presence in USD 200 Billion Artificial Intelligence Sector

    Colab Platforms to incorporate “Colab Intelligence Pvt. Ltd.” a Wholly owned Subsidiary to Strengthen its Presence in USD 200 Billion Artificial Intelligence Sector

    Positioning for Long-Term Growth in the Billion-Dollar AI Ecosystem

    New Delhi [India], October 11: Colab Platforms a Diversified Technology Company, has announced plans to incorporate Colab Intelligence a wholly owned subsidiary. This strategic move marks a significant milestone in the company’s long-term vision to strengthen its presence in the rapidly expanding Artificial Intelligence (AI) Sector, which is currently valued at approximately USD 200 billion globally in 2024 and projected to exceed USD 1.8 trillion by 2030, growing at a CAGR of over 30%. 

    Highlights:-
    • Investment to fuel AI-driven innovation and scalable technology solutions.
    • Targets high-growth sectors including gaming, esports, financial services, and retail for scalable innovation.
    • Strategically positioned to leverage USD 200 billion global AI investments and deliver longterm shareholder value.

    This reflects Colab Platforms’ commitment to innovation, digital transformation, and the integration of advanced AI-driven technologies across its business ecosystem. Colab Intelligence will focus on developing cutting-edge solutions such as intelligent automation, predictive analytics, and collaborative AI platforms that enhance decision-making, operational efficiency, and human– machine synergy.

    AI Opportunities Across Key Sectors

    AI is transforming industries across the globe, particularly in areas aligned with Colab Platforms’ expertise:

    • Gaming and Esports: AI-driven experiences are expected to push the market beyond USD 583 billion by 2030, offering hyper-personalization, immersive gameplay, and predictive analytics for players and organizers alike.
    • Sports Management and Analytics: Forecast to reach USD 19 billion by 2030, AI is revolutionizing performance tracking, fan engagement, and operational efficiency for professional sports ecosystems.
    • Financial Services and Retail: AI applications in these sectors are each projected to surpass USD 100 billion by 2030, driving intelligent automation, risk management, and personalized customer solutions.

    Through this subsidiary, Colab Platforms is strategically positioning itself to capture high-growth opportunities across multiple transformative industries. This expansion is designed designed to diversify its technology portfolio, unlock new revenue streams, and drive sustainable, long-term value for shareholders. By integrating AI capabilities across its existing businesses ranging from esports and digital ventures to sports infrastructure, the company aims to strengthen its market position in a globally competitive, rapidly evolving tech landscape.

    The company’s leadership emphasized that AI adoption will enable Colab Platforms to deliver innovative, scalable solutions that enhance user engagement, optimize operational efficiency, and create differentiated offerings in sectors where technology is rapidly reshaping market dynamics. From gaming and esports to financial services, and retail, the company is targeting markets where AI-driven disruption is creating massive economic potential, giving it a competitive edge in industries projected to collectively reach trillions of dollars in value.

    “This a new chapter in Company’s growth journey, aimed at boosting innovation and market relevance. Colab Intelligence is central to building a resilient, diversified business model that captures value from emerging technologies. By focusing on AI-driven industries, Colab Platforms aims to unlock new revenue streams and strengthen its position as a forward-looking leader in India’s tech landscape.” Said, Mr. Puneet Singh, Managing Director of Colab Platforms Limited.

    About Colab Platforms: 

    Colab Platforms Limited is a diversified technology, sports and digital ventures company focused on building integrated ecosystems spanning esports, physical sports infrastructure, Sporting events, influencer collaborations, and digital content delivery. With a vision to strengthen India’s sports and youth economy, Colab is creating sustainable value across multiple verticals. website: www.colabplatforms.com.

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  • From Idea to Innovation: The NFCfied’s Story

    From Idea to Innovation: The NFCfied’s Story

    New Delhi [India], October 11: What started as a visionary proposal for a coffee table book for a well-known Indian Bank by Tapan Thakkar in December 2022 has evolved into one of India’s most promising product-tech startups, NFCfied.

    In just 3 years, NFCfied has spread awareness to transform how thousands of businesses connect, present, engage, and grow with a single tap.

    The Spark of Innovation

    While curating a flagship coffee table publication for a top-tier Indian bank, Tapan Thakkar proposed integrating tap-to-view video technology using NFC, a bold idea that would soon become the foundation of NFCfied.

    Co-founder Aayush Barmecha joined the venture to build an ecosystem of tap-enabled smart tools that would redefine the process of sharing information and building brand impressions.

    With a team of six young technocrats as their final year project, they began curating the technology platform, followed by branding, website, and social media presence, laying the groundwork for a new way of professional and personal interaction in the world.

    From Cards to Customized NFC Ecosystems

    NFCfied’s first innovation was the NFC-enabled Smart Card, a sleek, tap-based alternative to outdated paper business cards. Offered in PVC, Bamboo, and Metal formats, these cards allowed users to share all their contact and digital presence with just a tap, which further required no additional app on their phone.

    As the brand matured, NFCfied introduced NFC standees, designed for Google Reviews, Instagram, Facebook, LinkedIn, and many more custom platforms. Furthermore, a full-fledged company profile smart standee was introduced, making it a favorite among retailers, office receptions, and exhibitions.

    Today, businesses not only equip founders and managers, but also entire sales teams, HR departments, and brand ambassadors with customized NFCfied products for smarter client interactions.

    Innovating Weddings: The World’s First Multipurpose Smart Invitation Using NFC

    NFCfied recently launched what’s being called a revolution in wedding tech, the world’s first NFC-enabled, multi-purpose wedding invitation card. From RSVPs to couple stories, maps to themes, gift registries to live streaming, photographs, this tap card delivers everything guests need on their smartphones, instantly.

    This product has already started gaining traction across India’s booming wedding industry, disrupting traditional invites in both luxury and sustainable segments.

    A Global Product with Local Impact

    Despite being proudly built in India, NFCfied has found global resonance. Their cards and products have reached clients in the USA, UK, Canada, UAE, Germany, and more.

    From local entrepreneurs to international creators, the NFCfied ecosystem is being used across industries, from retail, tech, and fashion to healthcare, hospitality, and even temples.

    Tap. Track. Transform.

    What makes NFCfied stand out isn’t just its products, it’s the intelligence behind the tap.

    Every interaction is measurable through a robust analytics backend. Businesses gain data on tap rates, engagement, and link performance, making every card and standee not just interactive, but insightful.

    Looking Ahead

    With plans to expand deeper into cinemas, restaurants, co-working spaces, event agencies, and strategic wedding partnerships, NFCfied is on a mission to build an ecosystem where every tap creates value.

    Whether you’re a corporate leader, freelancer, influencer, or couple planning your wedding, NFCfied offers a permanent, eco-friendly, and powerful solution to share your identity.

    Two Founders. One Vision. Infinite Possibilities.
    NFCfied is not just a product, it’s a movement shaping the future of human-brand interaction.

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  • Om Packers and Movers Achieves Historic Milestone with Official Recognition from Indian Banks’ Association (IBA)

    Om Packers and Movers Achieves Historic Milestone with Official Recognition from Indian Banks’ Association (IBA)

    A Landmark Achievement Reinforcing Excellence, Trust, and Professionalism in India’s Logistics Sector

    New Delhi [India], October 11: Today marks a historic and proud milestone for Om Packers & Movers, one of India’s most trusted logistics and relocation service providers. The Indian Banks’ Association (IBA) has officially recognized the company as a “Recommended Transport Operator” under its highly respected initiative – The IBA Scheme for Recommending Transport Operators to Member Banks.

    This recognition stands as a symbol of credibility, operational excellence, and trustworthiness, earned through years of consistent performance, transparency, and customer-centric service. Under this certification, Om Packers & Movers has been allotted the official code GZO-2596, effective from October 8, 2025, and valid until October 31, 2028. During this period, the company will remain listed as an approved transport operator for all IBA member banks across India.

    A Landmark Moment for the Indian Logistics Industry

    The Indian Banks’ Association’s recommendation is not simply an approval – it is a prestigious endorsement of integrity and professionalism within India’s logistics and transport ecosystem. This achievement underscores that Om Packers & Movers has successfully cleared the IBA’s stringent multi-stage evaluation process, meeting every operational, safety, and compliance standard set by the association.

    According to the IBA’s official notification, the approval was granted after a comprehensive verification process, which included in-depth scrutiny of the company’s business ethics, operational performance, client feedback, documentation protocols, and compliance record.

    As per the association’s directive, the company is required to print the validity period of the certification on all its Lorry Receipts (LRs) in the prescribed format. This mandate ensures uniformity and transparency in every transaction and documentation process involving banks and corporate clients.

    Recognition Built on Trust, Punctuality, and Service Excellence

    Over the past two decades, Om Packers & Movers has emerged as a nationally recognized logistics leader, renowned for its reliable, safe, and punctual transport and relocation services. What began as a regional operation in Northern India has now evolved into a pan-India network serving individuals, corporates, and industrial clients with equal dedication and efficiency.

    The company’s commitment to punctual delivery, customer satisfaction, and responsible service has earned it a distinguished position in the logistics industry. Whether handling domestic relocations, industrial consignments, or banking-related transport operations, Om Packers & Movers has maintained high standards of professionalism and ethics at every step.

    The IBA’s endorsement is therefore viewed as a natural validation of the company’s unwavering commitment to quality, compliance, and client satisfaction.

    Official Recognition from Indian Banks’ Association (IBA) - PNN

    IBA Commends Compliance and Standards

    In its statement, the Indian Banks’ Association emphasized that this recognition was granted only after verifying the company’s adherence to all compliance and operational benchmarks. The association highlighted that this certification is solely intended for the use of IBA member banks, ensuring secure, standardized, and transparent transport operations for financial and banking transactions.

    The IBA also issued a clear advisory that no third-party agent or intermediary is authorized to represent or act on its behalf during this certification process. All communications must be conducted exclusively through IBA’s official channels, maintaining the integrity of the association’s framework.

    This structured and transparent approach aims to protect the interests of both banks and customers, while also promoting professional accountability within the logistics and transport sector.

    A Message from the Company: Pride, Gratitude, and Determination

    Speaking on this occasion, the management of Om Packers & Movers expressed immense pride and gratitude, calling this achievement a defining moment in the company’s journey.

    In a statement, the company’s leadership said:

    “We are deeply honored to receive this official recognition from the Indian Banks’ Association. It is not just a certification – it is a reflection of our dedication to service excellence, reliability, and ethical business practices. This achievement reinforces our belief that honesty, consistency, and customer trust are the true pillars of long-term success.”

    They further added:

    “This milestone belongs to our customers, employees, and partners who have supported us throughout our journey. It motivates us to continue delivering on our promise of safety, punctuality, and professional integrity. We will keep innovating and improving to set new benchmarks in India’s logistics sector.”

    The management reaffirmed that this recognition will inspire the company to strengthen its systems, adopt advanced technologies, and enhance service delivery to meet the growing demands of modern logistics.

    Strengthening India’s Financial and Logistics Ecosystem

    The IBA’s Transport Operator Recommendation Scheme plays a pivotal role in bridging the gap between financial institutions and reliable logistics partners. It ensures that banks can conduct operations like lending against goods, collateral transport, and other financial transactions with minimal risk and maximum transparency.

    By earning this recognition, Om Packers & Movers now joins an elite group of logistics companies that serve as trusted partners to India’s banking and corporate sectors. This inclusion not only enhances the company’s credibility but also opens avenues for collaboration in the finance, manufacturing, retail, and infrastructure domains.

    Industry experts have welcomed this development, noting that such partnerships between the financial and logistics sectors will strengthen India’s supply chain ecosystem, improve transaction safety, and foster greater economic efficiency.

    Commitment to Innovation and the Future

    Looking ahead, Om Packers & Movers plans to continue its journey of growth and excellence through innovation, technology, and sustainability. The company is already investing in digital logistics solutions, GPS-enabled tracking, and eco-friendly practices to make its operations more efficient and environmentally responsible.

    With the IBA’s endorsement, the company aims to further align its operations with international service benchmarks, ensuring world-class reliability and transparency for every customer.

    The company also intends to expand its nationwide presence, strengthen its fleet management systems, and provide seamless logistics solutions tailored to diverse customer segments – from individual relocations to complex corporate movements.

    A Symbol of Trust and Professional Excellence

    This recognition marks a transformative chapter in the journey of Om Packers & Movers – from a regional player to a nationally certified logistics brand trusted by leading banks, corporations, and thousands of satisfied customers.

    It validates the company’s long-standing values of trust, accountability, and professionalism, reinforcing its reputation as one of India’s most dependable logistics partners.

    In conclusion, the IBA’s official recognition is not merely an administrative endorsement – it is a celebration of dedication, quality, and the spirit of Indian enterprise. With its inclusion in the IBA’s approved list of transport operators, Om Packers & Movers is set to scale new heights of success, reliability, and contribution to India’s rapidly advancing logistics and financial landscape.

    About Om Packers & Movers

    Om Packers & Movers is one of India’s leading logistics and relocation service providers, offering safe, transparent, and time-bound moving solutions for households, corporates, and industries. Known for its customer-first approach and nationwide presence, the company continues to redefine standards in logistics management, customer satisfaction, and professional excellence.

    For Enquiries:
    Contact:  9810666641
    Email: info@ompackersindia.com
    Website: https://ompackersindia.com/

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  • Shaadista – A Celebration of Love and Dharma

    Shaadista – A Celebration of Love and Dharma

    New Delhi [India], October 11: Weddings are more than ceremonies—they are expressions of love, culture, and emotion. At Shaadista, we embrace the timeless mantra:

    “विवाहे प्रेमधारा , बन्धनं धर्मेण युज्यते।”
    “In marriage flows the stream of love, and the bond is tied with dharma.”

    This principle is embedded in every project, guiding how we capture rituals, emotions, and celebrations. Shaadista believes true luxury lies in honoring emotion, tradition, and individuality, ensuring every wedding is immortalized with artistry and care.

    With a portfolio of over 500 weddings, Shaadista has earned acclaim for combining elegance, cinematic quality, and emotional storytelling, from intimate ceremonies to grand celebrations across India.

    Cinematic Photography and Videography

    Shaadista specializes in premium wedding photography and cinematic videography, blending technical expertise with creative vision. Every photograph and frame tells a story, not just documents a moment.

    • Wedding Photography: Captures authentic emotions, candid moments, and intricate details.
    • Wedding Videography: Creates cinematic films that bring rituals, reactions, and celebrations to life.
    • Pre-Wedding Shoots: Creative sessions exploring the couple’s journey and personality.

    Bringing the Mantra to Life

    Shaadista ensures that:

    • Every ritual is documented with care, highlighting its cultural and emotional significance.
    • Emotional moments, from tears to laughter, are captured authentically, forming the heart of every film or album.
    • Couples feel understood and valued, as the team focuses on their personal story.

    This philosophy transforms each wedding into a living story of love and dharma, creating memories that are both cinematic and culturally resonant.

    Personalized Experiences for Every Couple

    Shaadista is a portfolio brand of Jeheranium, leveraging a creative ecosystem to deliver luxury, personalized, and cinematic experiences.

    From initial consultation to final delivery, every wedding is curated to reflect:

    • The couple’s unique style and preferences
    • The cultural and emotional context of the celebration
    • Consistent visual and cinematic quality

    Every decision, from photography angles to cinematic sequences, enhances emotion and authenticity, creating a narrative that resonates for generations.

    Destination Weddings and Cultural Adaptability

    Shaadista excels at destination weddings, adapting seamlessly to diverse venues while maintaining cinematic excellence. Rituals and cultural practices are documented thoughtfully, reflecting the mantra of love and dharma.

    Technical Excellence Meets Storytelling

    Every project combines state-of-the-art technology with artistry:

    • Drone cinematography for dramatic storytelling
    • Cinematic color grading to enhance mood without altering reality
    • Sound design amplifying emotion in films

    Every frame reflects Shaadista’s philosophy: authentic, luxurious, and emotionally resonant.

    Subtle Vision Led by Jishant Malik

    Under the subtle guidance of Jishant Malik, founder of Jeheranium, artist, and entrepreneur, Shaadista integrates artistry with emotional depth, ensuring every wedding celebrates love, culture, and authenticity.

    Legacy Through Timeless Memories

    Shaadista transforms weddings into lasting visual legacies. Over 500 weddings have been captured with precision, skill, and emotional depth. Each photograph and cinematic film becomes a timeless keepsake, preserving love and dharma for generations.

    Head Office: 5th Floor, Wing-A, Statesman House, Barakhamba Rd, Connaught Lane, Barakhamba, New Delhi – 110001
    Website: www.shaadista.com
    Creative House: www.jeheranium.com
    Instagram: instagram.com/shaadistaofficial

    Shaadista – Celebrating Love, Emotion, and the Art of Wedding Storytelling | Because your bond deserves to be remembered beautifully.

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  • International Solar Alliance to host the Eighth Session of the ISA Assembly from 27-30 October in India

    International Solar Alliance to host the Eighth Session of the ISA Assembly from 27-30 October in India

    New Delhi [India], October 11: The Eighth Session of the International Solar Alliance (ISA) Assembly, scheduled from 27 to 30 October 2025 at Bharat Mandapam, New Delhi, will bring the world together under one Sun, one vision, and one shared commitment to solar energy.

    Launched by India and France at COP21 in Paris, ISA is the largest treaty-based intergovernmental organisation from the Global South, bringing together 124 Member and Signatory Countries. This high-level ministerial gathering comes weeks ahead of COP30 in Brazil, shaping priorities for scaling solar energy, unlocking transformative finance, charting technology and policy roadmaps, and building skill ecosystems to accelerate a just and inclusive energy transition.

    At the curtain-raiser today, Shri Pralhad Joshi, Hon’ble Minister of New and Renewable Energy, GoI, & President of the ISA Assembly, said, “Owing to its clear vision and the consistent policies, India achieved its renewable energy targets five years ahead of the schedule, crossing the 50% mark in overall installed electricity capacity from non-fossil resources. Today with approximately 125 GW of solar capacity, India is the world’s third largest solar producer. This progress shows how the national ambition can translate to meaningful change at the local level. It is because our success story is more than just numbers; it is about the people. We have seen firsthand how decentralised solar transforms lives, bring light to rural homes, powers local health centres and gives new tools to our farmers. With PM Surya Ghar – Muft Bijli Yojana, more than 20 lakh households are benefiting from solar power.”

    He further added, “Under the PM-KUSUM scheme, we are taking this transformation to the heartland of India. The three components of the scheme target the installation of 10 gigawatts of small solar plants; support 1.4 million off-grid solar pumps; and solarise 3.5 million grid-connected agricultural pumps. Together, these efforts are ensuring that clean energy reaches the last mile. It is this combination of scale and inclusiveness that defines India’s energy transition.”

    Shri Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy, GoI, noted, “Today we are the third largest in solar power, fourth largest in wind power and overall, we are now the third largest renewable energy installation in the world. Additionally, in manufacturing of solar modules we are the second largest after China. Our manufacturing is not only confined to solar modules but also extends to areas like green hydrogen which is a pivotal part of our energy security—and is going ahead as per our goal of manufacturing about 5 million tonnes of green hydrogen by 2031.”

    He also noted, “ISA’s role in experience sharing, in cross learning and in deploying solar both at scale as well as at a distributed level has been commendable and I compliment the partner countries who have collaborated within the framework of ISA for expansion of solar energy in their respective countries. We remain committed to continue this collaboration in future and in a variety of ways through both financial support as well as technical support which we have been extending to ISA.  We also wish to see how it can be scaled up in other countries. Some of the deployment experiments in Africa have shown encouraging results. Given India’s success in deploying solar energy at both utility and distributed levels—through household and farm-level initiatives such as the PM Surya Ghar – Muft Bijli Yojana, which aims to solarise 10 million households, and the PM-KUSUM scheme for farm-level solarisation—India is ready to partner with other countries in implementing similar initiatives.”

    Mr Ashish Khanna, Director General of ISA said, “Global renewable energy is at an inflection point. It took oil 25 years to reach 1,000 GW — renewables doubled that in just two years. For the first time, renewable generation has surpassed fossil generation. This is a decisive moment for the Global South to lead. The coming decade must be defined not only by ambition but by tangible action. In this new energy landscape, ISA is emerging as a platform of aggregation—convening nations for collective action to drive large-scale solar deployment. Our vision is to accelerate this momentum by moving from commitments to concrete projects, from dialogue to delivery, and from potential to measurable impact—ensuring solar truly becomes the foundation of a sustainable and inclusive future.”

    Recalling Hon’ble Prime Minister Shri Narendra Modi’s vision at the first ISA Assembly in 2018, Mr Khanna emphasised ISA’s role in enhancing solar deployment through aggregation, harmonising technology standards, enabling data-driven energy planning, supporting research and innovation, and advancing One Sun, One World, One Grid (OSOWOG). He highlighted India’s potential to become the “Silicon Valley for Solar” with the establishment of the Global Capability Centre (GCC), linked with STAR-C hubs worldwide for technical support, digital tools, and training.

    The Eighth Session of the ISA Assembly will focus on four strategic pillars: Catalytic Finance Hub; Global Capability Centre & Digitisation; Regional & Country-Level Engagement; and Technology Roadmap & Policy. Ministerial and technical sessions will explore actionable priorities, including advancing catalytic finance through the Africa Solar Facility, strengthening country partnerships through the Small Island Developing States (SIDS) Platform, a dedicated initiative to support SIDS in accelerating solar energy deployment through finance, technology, and capacity-building partnerships. and scaling innovation via floating solar, AI and digitisation, OSOWOG, green hydrogen, and standards and testing and solar for agriculture, underscoring ISA’s shift from ambition to action.

    The Assembly will also see the release of ISA’s flagship reports—Ease of Doing Solar 2025 and Solar Trends 2025—outlining global progress and pathways to scale solar deployment.

    Ahead of the Assembly, ISA convened Regional Committee Meetings across its four regions: Europe & Others in Brussels (10–12 June), Asia-Pacific in Colombo (15–17 July), Latin America & the Caribbean in Santiago (4–6 August), and Africa in Accra (2–4 September). These meetings, attended by representatives from over 100 countries, reviewed progress, addressed challenges, and aligned regional initiatives with ISA’s global priorities. Recommendations on catalytic finance, innovation partnerships, and solarisation for energy access will feed into the Assembly’s deliberations and outcomes.

    For more information, visit the ISA website: www.isa.int

  • Killer Cough Syrup Coldrif Ban Sparks Drug Reform

    Killer Cough Syrup Coldrif Ban Sparks Drug Reform

    New Delhi [India], October 11: After 20 child deaths in Madhya Pradesh, Delhi banned the killer cough syrup Coldrif. But this tragedy is now driving India’s biggest clean-up of its drug manufacturing ecosystem in years.

    A Tragedy That Triggered a Reckoning – Killer Cough Syrup

    Sometimes it takes a crisis to wake up a system. The deaths linked to Coldrif cough syrup, manufactured by Sreesan Pharmaceuticals in Tamil Nadu, have done just that.

    Investigators found 48.6% diethylene glycol, a toxic industrial solvent, in samples, hundreds of times above the safety limit. The same chemical has caused tragedies abroad. But this time, India didn’t shrug and move on.

    Within days, Delhi, Kerala, Punjab, Tamil Nadu, and Uttar Pradesh banned the syrup. The Union Health Ministry launched a national crackdown on substandard formulations. And for the first time in a long time, the drug regulators and state governments are acting in sync.

    Swift Action, Not Silence

    The Delhi Drugs Control Department issued a public ban on October 10, declaring Coldrif “Not of Standard Quality” and “injurious to health.”
    The order directed every pharmacy, distributor, and citizen to stop sale and use immediately.

    Instead of the usual bureaucratic limbo, this was a clear, fast response, backed by states across India. Delhi led, others followed. That’s what good governance looks like.

    Behind the Numbers, Human Stories

    Every reform story begins with pain. Parents in Parasia, Madhya Pradesh, still carry photos of the children they lost. They went to trusted local doctors, seeking a simple cure for cough and fever. What they got instead was tragedy.

    But their grief is now driving change. It has pushed regulators, doctors, and manufacturers into one urgent question: how did toxic solvents end up in a children’s syrup, and how do we make sure it never happens again?

    India’s Drug System Under the Microscope

    The answer lies in India’s layered but fragmented regulatory system.
    The Central Drugs Standard Control Organisation (CDSCO) approves new drugs and oversees imports, while state regulators handle manufacturing licenses. That’s a lot of moving parts, and sometimes, too many blind spots.

    The good news? Those gaps are finally being filled.

    Following the Coldrif incident, CDSCO chief Dr. Rajeev Singh Raghuvanshi issued a directive on October 7 to all States and Union Territories: test all raw materials, excipients, and finished drugs thoroughly under the Drugs Rules, 1945.

    It’s not just talk. States are now conducting joint audits, modernising testing labs, and creating a national database of manufacturers. The goal: traceability from factory to pharmacy, every batch logged, every bottle accountable.

    Accountability Without Delay

    In Tamil Nadu, the source state, action was swift and decisive. The government suspended two senior drug inspectors and cancelled Sreesan Pharma’s license. The factory, located near Kancheepuram, was sealed after inspections found over 300 quality violations.

    The company’s proprietor, G. Ranganathan, was arrested on October 9. Investigations revealed that the manufacturer had used non-pharmacopoeial grade solvents, likely contaminated with diethylene glycol.

    This time, the message from regulators was clear: Cutting corners is no longer cheap, it’s criminal.

    A Reform Moment for Indian Pharma

    India’s pharmaceutical industry is one of the world’s largest, supplying affordable medicine to over 200 countries. But incidents like Coldrif remind us that scale must be matched with safety.

    The Central and State governments are now using this as a pivot point.

    • Nationwide audits of cough syrup makers have begun.
    • The World Health Organization has been formally notified of the recalls.
    • New guidelines for continuous quality monitoring are being implemented.

    Industry leaders are also stepping up. Several pharma associations have begun internal compliance checks and training drives for small and medium manufacturers, a move that could reshape India’s pharmaceutical credibility globally.

    From Crisis to Course Correction

    To be fair, India has faced diethylene glycol scares before, in 1986, and again in 2022 when exported syrups caused child deaths abroad. Each time, the system promised reform.
    This time, it’s delivering.

    The new joint regulatory audit model, backed by the Health Ministry and CDSCO, ensures every state shares accountability. The Ministry is also pushing for AI-based tracking of manufacturing and distribution chains, something that can identify red flags before they hit pharmacy shelves.

    That’s not damage control, that’s evolution.

    Ground-Level Vigilance

    In Madhya Pradesh, over 4,000 frontline workers, ASHAs, nurses, and Anganwadi staff, have been conducting door-to-door checks to seize leftover bottles of Coldrif. As of October 10, more than 540 bottles have been recovered and destroyed safely.

    This people-first approach shows the system learning from past mistakes. It’s no longer just about punishment, it’s about prevention.

    A Global Reputation at Stake, and Strengthened

    India’s “pharmacy of the world” tag comes with immense responsibility. When something goes wrong here, it echoes globally. But the Coldrif case could end up reinforcing India’s seriousness about safety rather than undermining it.

    By moving fast, auditing openly, and owning the problem, India is showing that transparency is its strongest antidote.

    As one senior CDSCO official put it, “We can’t control every mistake. But we can control how fast we fix it.”

    Stronger, Cleaner, Safer

    The Coldrif ban is not just about a single syrup; it’s about the system’s reset.

    From Delhi’s ban to Tamil Nadu’s crackdown, from DCGI’s directives to on-ground vigilance, India’s drug oversight is entering a new era of accountability. The tragedy that began in Parasia may well become the turning point that made Indian medicine safer for everyone.

    PNN News

  • Focus Bags INR 1.88 Cr Gandhinagar LED Lighting Project

    Focus Bags INR 1.88 Cr Gandhinagar LED Lighting Project

    Mumbai (Maharashtra) [India], October 10: Focus Lighting & Fixtures Limited (NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, has secured a prestigious order worth ₹1.88 Cr (exclusive of GST) from the Gandhinagar Municipal Corporation for a city beautification project.

    Key Highlights of the Order:

    • Project Value: ₹1.88 Cr (exclusive of GST)

    • Scope: Manufacture, supply, delivery, and installation of LED lighting and fixtures for city beautification in Gandhinagar

    • Awarding Authority: Gandhinagar Municipal Corporation

    • Nature of Contract: Infrastructure order – domestic entity

    This new order from the Gandhinagar Municipal Corporation adds further momentum to Focus Lighting & Fixtures Limited’s ongoing growth. By contributing to projects that enhance urban infrastructure and promote energy efficiency, the company continues to strengthen its presence in the professional lighting segment. The successful execution of this project will enhance its portfolio of government and civic lighting projects, supporting future opportunities in the infrastructure and smart city space.

    Commenting on the performance, Mr. Amit Sheth, Managing Director of Focus Lighting & Fixtures said, “Securing this order from Gandhinagar Municipal Corporation provides an excellent opportunity to apply our expertise in LED lighting for city infrastructure projects while supporting the company’s growth. This project demonstrates the increasing demand for sustainable and efficient lighting solutions in urban development. It strengthens our engagement with municipal bodies and opens doors for similar opportunities in other cities. Successful execution will contribute to revenue and enhance our presence in the civic lighting segment. We remain focused on delivering high-quality, innovative solutions and see such initiatives as an important part of our future growth and role in urban development.”

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  • Fredun Pharmaceuticals Acquires Wagr.ai

    Fredun Pharmaceuticals Acquires Wagr.ai

    From L-R: Advaith Mohan (cofounder of Wagr), Fredun Medhora (MD, Fredun Pharmaceuticals Ltd), and Siddharth Darbha (cofounder of Wagr)

    Mumbai (Maharashtra) [India], October 10: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730) is one of the leading pharmaceuticals formulation manufacturing companies in India. The Company, diversified into Generics, Cosmeceuticals, Nutraceuticals, Mobility and Animal Healthcare Products, today announced the strategic acquisition of all assets of Wagr, a leading pet tech platform, marking the launch of India’s first truly neutral online marketplace for pet products and services.

    This strategic move positions FPL at the forefront of India’s rapidly growing pet care industry, projected to reach $6 billion by 2030.

    The acquisition includes Wagr’s comprehensive technology platform, user base of 140,000+ pet parents, patented pet fitness tracking technology, and established veterinary network—creating an unprecedented ecosystem that addresses critical gaps in the Indian pet care market.

    FPL will relaunch the Wagr marketplace and services in Q4 FY 2025-26.

    About Fredun Pharmaceuticals Limited

    Fredun Pharmaceuticals Limited is a leading innovator in India’s pet care industry, specializing in functional food and prescription food categories. Committed to supporting the holistic well-being of pets across India, FPL combines quality products with technology-driven solutions to enhance the pet parenting experience.

    About Wagr

    Wagr is a comprehensive pet care technology platform that pioneered a neutral pet e-commerce marketplace, pet health monitoring and GPS tracking, and veterinary consultation services in India. As the creator of India’s first GPS and fitness tracker for dogs and the world’s first AI pet care chatbot, Wagr has established itself as an innovation leader in the pet tech space.

    India’s First Neutral Pet Marketplace

    Unlike existing e-commerce platforms that either lack pet-specific focus or promote proprietary brands, the FPL-Wagr platform provides an unbiased marketplace for new age pet brands and established brands alike. FPL’s strategic positioning in functional food, wet food, and prescription food categories—with no presence in dry food, biscuits, or other commodity segments—enables the company to maintain complete neutrality while hosting competing brands.

    Wagr.ai marketplace – to be relaunched in Q4 FY 2025-26.

    Critically, all sales transacted through the platform, regardless of brand, will be registered under Fredun Pharmaceuticals Limited’s revenue, creating a unified commerce ecosystem that benefits the entire pet care industry.

    Sales enabled by content and community – to be relaunched in Q4 FY 2025-26.

    Comprehensive Support System for Pet Parents

    The integrated platform addresses the needs of India’s burgeoning community of new pet parents through multiple support channels:

    On-Demand Telemedicine (launching within 6-9 months): Through Wagr’s existing app infrastructure, pet parents can access a “Practo-style” veterinary consultation system, selecting from online doctors for 15-minute video consultations. The platform features seamless payment integration and has already facilitated over 11,000 consultations.

    Vet marketplace for video consults – to be relaunched in Q4 FY 2025-26.

    Pan-India Doctor Network (launching within 6-9 months): A comprehensive network connecting pet parents with veterinary professionals across the country, complemented by specialized educational programs designed for veterinary professionals to enhance their knowledge and service delivery.

    AI-Powered Pet Care:

    The platform features Toto, the world’s first AI pet care chatbot, which has answered over 10,000 questions, providing personalized, real-time advice to pet parents.

     

    An entire ecosystem of vet at your fingertips, health records for your pet, and an AI chatbot to guide you – to be relaunched in Q4 FY 2025-26.

    Revolutionary Fitness Technology

    Building on Wagr’s pioneering work as India’s first GPS and fitness tracker for dogs (launched in 2019), FPL will reintroduce patented fitness tracking technology for pets in FY 2026-27.

    India’s first pet fitness tracker – to be relaunched in FY 2026-27.

    Like human fitness bands and smartwatches, these innovative devices will enable pet parents to monitor their pets’ health metrics, activity levels, and overall wellness in real-time. The hardware has been field-tested with hundreds of pets across India, and the technology has proven reliable in diverse environmental conditions, from urban apartments to rural farmlands.

    • Real-time GPS location tracking using 4G SIM connectivity

    • Advanced activity monitoring through WiFi and motion sensors

    • AI-powered fitness analytics that track resting, active, and playing states

    • Compact, pet-friendly design with durable collar attachment system

    • Seamless app integration for real-time data visualization

    Fredun Medhora, MD of Fredun Pharmaceuticals Limited, stated: “FPL’s long-term vision is that every pet in India should be using a FPL product or service. This strategic acquisition represents a transformative moment for the Indian pet care industry. By combining our deep expertise in pet nutrition with Wagr’sproven technology platform and user base, we’re creating something unprecedented a truly neutral marketplace that serves the entire ecosystem while providing comprehensive support to pet parents. Our vision extends beyond commerce; we’re building a complete support system for India’s growing community of pet parents, with 24/7 veterinary access, AI-powered guidance, and cutting-edge fitness tracking technology.”

    Fredun added: “What makes this particularly powerful is our unique positioning. Because FPL doesn’t compete in categories like dry food or biscuits, we can genuinely serve as a neutral platform, hosting all major brands while ensuring that every transaction regardless of brand contributes to our ecosystem’s growth. This is the future of pet care commerce in India.”

    Siddharth Darbha, Co-founder, Wagr, commented: “Wagr has always stood for trusted, compassionate pet care. With Fredun Pharma’s decades of expertise and deep commitment to wellness, that promise will now touch many more pet families.”

    Advaith Mohan, Co-founder, Wagr, commented: “Building Wagr has been a journey of love for pets and trust from their parents, and seeing it grow under Fredun Pharma feels like sending it off to an even bigger family.”

    Asset Acquisition Details

    The acquisition encompasses Wagr’s comprehensive asset portfolio from its founders and investor group, which includes IvyCap Ventures, Inflection Point Ventures, Stanford Angels & Entrepreneurs, and prominent angel investors, including Nitin Sharma (Co-head India, Antler, First Principles), Ashish Sharma (CEO, Innoven Capital, ex-President, GE Capital), and others.

    Key Assets Acquired:

    • Wagr brand, trademark, and intellectual property

    • Patented Wagr hardware technologies

    • Complete software suite (apps, backend systems, firmware)

    • User database of 140,000+ pet parents

    • Website (wagr.ai) with 6,000 organic monthly visitors and 10+ million lifetime SEO impressions

    • Social media presence with 10,000+ followers

    • Established relationships with 70+ pet care product brands

    • Existing contracts with 20 veterinarians

    Platform Performance Metrics

    The combined platform brings impressive operational capabilities:

    • 140,000+ registered pet parents

    • 4.7/5 app rating

    • 16,000+ transactions (veterinary consultations and e-commerce)

    • 10,000,000+ organic impressions in 12 months

    • 1,000+ products available from 70+ brands

    • 11,000+ teleconsultations completed with 76 Net Promoter Score

    • 5,000+ orders shipped with a 75 Net Promoter Score

    Market Opportunity

    India’s pet care industry is experiencing explosive growth, with a 22% CAGR projected from $1 billion (2021) to $6 billion (2030). The market encompasses:

    • Products: $900 million (pet food, treats, accessories, supplements, consumables)

    • Health: $250 million (veterinary care, diagnostics, pharma, insurance)

    • Services: $200 million (grooming, boarding, training, walking, live animal sales)

    With 20 million pets in India and the number of new pet parents expected to increase significantly over the next decade, the timing is ideal for a comprehensive, technology-enabled pet care solution.

    Awards and Recognition for Wagr

    Wagr’s technology platform has received significant industry recognition:

    • Winner of Qualcomm Design In India program (selected from 300+ startups, $90,000 in grants)

    • World’s first 4G pet wearable

    • Featured at CES 2020 in Las Vegas

    • Early pioneer of veterinary telehealth in India (2021)

    • Launched the world’s first AI pet care chatbot (2023)

    • Best Product Debut Award at India’s largest pet festival

    Transaction Structure

    The transaction structure is the first-of-its-kind in India’s pet care industry, featuring a zero-cash acquisition by FPL. In this strategic arrangement, Wagr’s investors and founding team have joined the FPL group as equity partners, demonstrating their confidence in the company’s vision and commitment to building the next-generation pet care ecosystem.

    Rather than taking an exit, Wagr’s original investors and founders have chosen to remain actively involved as long-term partners, reinforcing their belief in the combined potential of FPL and Wagr. FPL, in turn, has structured the deal to channel future investments directly into business expansion, innovation, and technological enhancement, ensuring that the partnership drives sustainable growth in India’s rapidly evolving veterinary and pet wellness sector.

    Strategic Rationale

    Wagr, after 8 years of R&D, lacked the resources and scalability to sustain independent operations despite having strong technology and market presence.

    Rather than liquidation, a strategic restructuring was designed in partnership with Fredun Pharmaceuticals to maximize value for all stakeholders, which had:

    • Aligned interests in the pet care sector

    • Deep financial resources provided by Fredun Pharmaceuticals

    • Robust manufacturing capabilities of Fredun Pharmaceuticals

    New Ownership Structure

    Following the transaction, the ownership structure of Wagr is as follows:

    • Fredun Pharmaceuticals Limited (via subsidiary): 78% equity stake

    • Original Wagr Shareholders and Other Investors: 20% equity stake, comprising

    o IvyCap Ventures Advisors Private Limited

    o Beacon Trusteeship Limited – First Port Capital

    o Wagr Founders

    o Other Investors

    • Sweat Equity (Tal64): 2% equity stake

    This structure represents a collaborative and future-focused ownership model, aligning FPL, Wagr’s founders, and investors toward a unified vision of innovation, growth, and long-term value creation in India’s dynamic pet care industry.

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  • Care Edge Ratings Assigned Credit Ratings to Utssav CZ Gold Jewels Limited

    Care Edge Ratings Assigned Credit Ratings to Utssav CZ Gold Jewels Limited

    Mumbai (Maharashtra) [India], October 10: Utssav CZ Gold Jewels Limited (Utssav, The Company), (NSE Code: UTSSAV) one of the leading manufacturers of 18K, 20K, and 22K CZ gold jewellery, plain casting jewellery in 22K, paper casting jewellery in 22K, natural diamond jewellery, and lab-grown diamond jewellery in 18K, has been assigned credit ratings by Care Edge Ratings for its bank facilities.

    • Long Term Bank Facilities – CARE BBB; Stable (₹2 Cr)
    • Short Term Bank Facilities – CARE A3+ (₹147 Cr)

    The ratings reflect the company’s strong fundamentals and highlight its financial discipline and business stability. Care Edge Ratings has factored in the promoter’s extensive experience in the gold jewellery industry, the company’s strong capital structure with healthy debt coverage indicators, its growing scale of operations with moderate profitability, and an adequate liquidity profile.

    These ratings reaffirm The Company’s potential for sustained growth and further strengthen stakeholder confidence in the company’s market position.

    Earlier, the company’s credit ratings were assigned by Infomerics Ratings. These ratings have now been withdrawn after Utssav provided the required no-objection document, which was duly acknowledged by its bankers and submitted to Infomerics on time.

    Commenting on the achievement, Mr. Pankajkumar Jagawat, Managing Director of Utssav CZ Gold Jewels Limited said, “We are pleased with the ratings assigned by Care Edge Ratings, which reflect our strong fundamentals and disciplined financial management. These ratings are an important endorsement of our efforts to consistently strengthen our financial stability, improve operational performance, and scale our business with efficiency.

    At Utssav, we remain committed to creating value through sustainable growth and operational excellence. The recognition also enhances the confidence of our banking partners and investors, and further motivates us to deliver on our long-term vision.”

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  • Madhya Bharat Agro Products reports all round highest performance in Q2FY26

    Madhya Bharat Agro Products reports all round highest performance in Q2FY26

    New Delhi [India], October 11: Madhya Bharat Agro Products Limited (MBAPL) reported a strong set of performance for the quarter and half year ended on September 30, 2025, led by SSP best ever sales and continuing steady complex fertilizer capacity utilization with resultant sales.

    The company clocked a 120% rise in its profit after tax (PAT) on a year-on-year (Y-o-Y) basis to Rs 30.45 crore in the September 2025 quarter from Rs 13.84 crore in the same period a year ago. On a quarter-on-quarter (Q-o-Q) basis, PAT rose 8% from Rs 28.20 crore in the June 2025 quarter.

    The Ostwal Group firm clocked a 61.75% rise in revenue from operations on a Y-o-Y basis to Rs 450.19 crore in Q2FY26 from Rs 278.31 crore in Q2FY25. Its operational income stood at Rs 409.68 crore in the preceding June quarter. EBITDA for the quarter came in at Rs 61.8 crore, up 71% Y-o-Y. Operating margins remained healthy at 13.7% for the quarter, while PAT margins held at 6.8% for the quarter.

    For the six-months ended September 30, 2025, the fertiliser and chemical products manufacturer reported a 131.7% Y-o-Y growth in the bottomline at Rs 58.67 crore from Rs 25.32 crore in the year ago period. MBAPL’s operational income grew 80% Y-o-Y to Rs 859.88 crore in H1FY26 from Rs 478.66 crore in H1FY25. Operating profit rose 70% Y-o-Y to 119 for the April-September 2025 period.

    MBAPL reported highest-ever fertilizer production volumes of 1,18,541 MT, while sales volumes also came at highest-ever at 1,35,187 MT for the reported period.

    It has a credit rating of ‘A-Stable CRISIL’ and has manufacturing units in Madhya Pradesh and Maharashtra with market spanning in,11 states through a strong network of more than 32,500 retailers through more than 2000 whole sellers.

    Commenting on the results for Q2 & H1 FY26, Mr. MK Ostwal- Promoter, Chairman & Director said, “We are delighted to report  results for Q2 and H1 FY26, marking another period of remarkable growth and continued operational excellence. For the half year period, we have achieved Highest-Ever revenue of ₹860 crore, up 80% YoY, with Highest-Ever EBITDA of ₹119 crore, up 70% YoY, and PAT at ₹59 crore, a 132% YoY increase. This performance reflects the strength of our integrated operations, high-capacity utilization, and a relentless focus on execution.

    Our new plant at Dhule with 660,000 MTPA of SSP and DAP/NPK with backward integration and further capacity expansion of 90,000 MTPA of DAP/NPK with 165,000 MTPA of sulphuric acid at Sagar are progressing well. These projects are set to drive enhanced growth and value creation in future.

    In August 2025, the company was selected as the preferred buyer of Green Ammonia in one of India’s largest reverse auctions conducted under SECI’s SIGHT Scheme. Oriana Power and SSC Infra emerged as the winning bidders and will supply 1.30 lakh MTPA of Green Ammonia to MBAPL plants for a period of 10 years.

    We also note that the Commission for Agricultural Costs & Prices (CACP) has recommended a phased increase in urea prices, which, if implemented, could enhance subsidies for phosphorus and potassium fertilizers creating a potential growth opportunity for NPK, a key strategic segment for MBAPL.’’

    About MBAPL

    Madhya Bharat Agro Products Limited (MBAPL) is an ISO 9001:2015 with a top-class NABL-accredited TESTING LAB for Chemical testing of DAP and NPK fertilizers. Originally incorporated in the year 1997 as a private sector unit manufacturing Single super phosphate with a production capacity of 60000 in the Year 1999, and in the Year 2004, it came under the “Ostwal Group of Industries”. Committed to our goal for a completely integrated self-sustained unit, we started commercial production of Beneficiated Rock Phosphate from our new unit at Village Sorai, Tehsil Banda, Distt. Sagar in the year 2012 with a total production capacity of 99000 TPA, which has now been increased to 2.40 lakhs SSP, 2.40 lakhs DAP/NPK capacity, with matching backward integration. Once new projects are operational, MBAPL will have 1.2 million MT capacity for phosphatic fertilizer with matching backward integration for sulphuric and phosphoric acid capacities.

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