Author: Sutun Nayak

  • FlexiBees Launches Job Marketplace to Help Global Firms Hire AI-Vetted Remote Talent in Just 2 Days

    FlexiBees Launches Job Marketplace to Help Global Firms Hire AI-Vetted Remote Talent in Just 2 Days

    Mumbai (Maharashtra) [India], May 17:  FlexiBees, India’s leading provider of part-time, project-based and remote women talent to businesses, has launched the FlexiBees Marketplace, the go-to platform for hiring top-notch pre-vetted remote talent for employers around the globe. The marketplace allows employers to build a remote job in 2 minutes and hire pre-vetted candidates in 2 days via on-demand models with pay-per-use pricing.

    The FlexiBees Marketplace operates in an innovative yet simple way. Employers can post a remote job as the first step, go on to schedule interviews and then hire the best-matched talent. The simple functionality of the marketplace has helped the brand to become the go-to solution for finding on-demand & pre-vetted candidates without hassle, with over 800 businesses using FlexiBees as their primary source of hiring talent. FlexiBees vets talent using Artificial Intelligence (AI) and human-augmented vetting processes across skills and flexibility factors, allowing employers to hire exceptionally equipped talent who are best suited for their needs, quickly. The FlexiBees approach offers best-in-industry cost, helping businesses to pay for the hours or months they need, without any hidden charges.

    Speaking on the development,Shreya Prakash, CEO and Co-founder of FlexiBees, explained the vision behind the launch by saying, “Vetting talent on their capabilities has become a considerable factor for employers these days. But it can be a tedious process and it takes a lot of time, which is a real business loss. With FlexiBees Marketplace, we aim to help businesses hire high quality pre-vetted professionals quickly, to be more responsive to growth opportunities. Posting a job on the FlexiBees Marketplace is entirely free, and by allowing businesses to pay for the hours or months they require the services for, it integrates the aspect of cost efficiency, allowing global businesses to get the best candidates out there without spending prolonged time or resources to hire.”

    The one thing that sets FlexiBees Marketplace apart is their vetting technology, ensuring that businesses hire the best-matched experienced talent who hit the ground running. Moreover, businesses save 90% of their hiring time and the effort of sifting through hundreds of resumes, because the marketplace matches them to 3-5 sharply-vetted candidates for each job post. These candidates have been matched based on job skills and number of hours that the employers want the talent for. Another benefit for businesses is that they can hire at 40 to 60% of the usual hiring cost because of FlexiBees’ pay-per-use pricing models. The quality of talent, saved time and effort has led to FlexiBees generating 70% of its business from repeat clients.

    As an organization that wants to change the way work is done, FlexiBees promotes the normalization of flexibility in work that includes flexi-time, part-time, remote working and a diverse range of non-traditional arrangements — enabling businesses to become more agile, competitive and customer-centric. At the heart of their company is the vision to empower under-served talent pools like women who are currently outside of the traditional workforce, to attain financial independence and esteem.

    About FlexiBees

    FlexiBees is an AI-driven vetted talent marketplace for part-time, project-based and remote work, via qualified women professionals.

    Founded by alums of IIM Bangalore, FlexiBees envisions normalizing flexibility in work via options such as flexi-time, part-time, and remote-working.

    The organization’s flexible on-demand models enable businesses to grow by hiring high-quality talent in an affordable and agile manner. And they enable FlexiBees’ women talent pool to balance their professional and personal priorities while building meaningful careers.

    FlexiBees’ talent pool comprises experienced women professionals across functions and sectors allowing the firm to offer talent across all kinds of roles and functions, be it core & operational ones like Sales, Marketing, Digital & Finance, or Content, Design, Technology, etc. Moreover, the company has built their proprietary AI-driven and human-augmented vetting technology that ensures a best-fit match and helps in cutting down client effort during the hiring process.

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  • Vijaya Diagnostic Centre Opens Advanced Centre in Barasat, Kolkata, Featuring Barasat’s First 3T MRI!

    Vijaya Diagnostic Centre Opens Advanced Centre in Barasat, Kolkata, Featuring Barasat’s First 3T MRI!

    Kolkata (West Bengal) [India], May 17:  Vijaya Diagnostic Centre, one of India’s leading integrated diagnostic service providers, today announced the grand opening of its state-of-the-art diagnostic centre in Barasat, Kolkata. This expansion underscores Vijaya Diagnostic Centre’s commitment to making world-class, affordable diagnostic services accessible to communities across India.

    Inaugurated by Dr. Kakoli Ghosh Dastidar, Honourable Member of Lok Sabha, the new Barasat centre highlights the company’s dedication to providing advanced diagnostic services at affordable prices, delivering the same quality, trust, and technology Vijaya is known for. A key highlight is Barasat’s first-ever 3 Tesla MRI, significantly enhancing regional diagnostic capabilities.

    Equipped with cutting-edge technology and staffed by highly skilled professionals, the centre offers comprehensive services including the revolutionary 3 Tesla MRI, Digital X-Ray, Ultrasonography, 2D Echo, Stress TMT, PFT, ECG, and a wide array of speciality lab investigations.

    Vijaya Diagnostic Centre is one of India’s largest and most trusted integrated diagnostic chains, with a strong presence in Andhra Pradesh, Telangana, Maharashtra, Karnataka, West Bengal, and NCR. Committed to accuracy, reliability, and patient-centric care, Vijaya Diagnostic Centre utilizes state-of-the-art technology and a team of experienced professionals to deliver a comprehensive range of pathology and radiology services across its extensive network of centres. With a legacy spanning over four decades, Vijaya Diagnostic Centre consistently strives to provide world-class diagnostic solutions at affordable prices, ensuring superior health outcomes for communities across the nation.

    Dr. Surender Reddy, Chairman of Vijaya Diagnostic Centre, stated, “This new advanced facility in Barasat, with the 3 Tesla MRI, will significantly fulfill the community’s healthcare needs. It strengthens our commitment to delivering top-tier diagnostic services to the community.”

    Suprita Reddy, MD & CEO of Vijaya Diagnostic Centre, added, “We are dedicated to providing high-standard and holistic patient care. This Barasat centre offers timely and reliable diagnostic services, supported by advanced technology and experienced professionals. We invite the people of Barasat to experience our world-class services for better health outcomes.”

    For patient convenience, the centre offers online booking, home sample collection, and instant report access via the Vijaya Diagnostic Centre mobile app. With over four decades of expertise, Vijaya Diagnostic Centre continues to set benchmarks in diagnostic care, reflecting its unwavering commitment to bridging healthcare access gaps in the region.

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  • Manaksia Coated Metals & Industries Reports Rs 790 Cr Total Income and Rs. 15 Cr Net Profit in FY25

    Manaksia Coated Metals & Industries Reports Rs 790 Cr Total Income and Rs. 15 Cr Net Profit in FY25

    Mumbai (Maharashtra) [India], May 15: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leadingcoated metal products manufacturer and exporter. Specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms, has reported its Audited financials for Q4 FY25 & FY25.

    Q4 FY25 Consolidated Financial Highlights

    • Total Revenue of ₹ 209.85 Cr

    • EBITDA of ₹ 17.13 Cr

    • EBITDA Margin (%) of 8.16%

    • Net Profit of ₹ 5.03 Cr

    • Net Profit Margin (%) of 2.39%

    • Diluted EPS of ₹ 0.68

    FY25 Consolidated Financial Highlights

    • Total Revenue of ₹ 789.66 Cr

    • EBITDA of ₹ 63.01 Cr

    • EBITDA Margin (%) of 7.89%

    • Net Profit of ₹15.39 Cr

    • Net Profit Margin (%) of 2.00%

    • Diluted EPS of ₹ 2.07

    Q4 FY25 Standalone Financial Highlights

    • Total Revenue of ₹ 209.82 Cr

    • EBITDA of ₹ 17.11 Cr

    • EBITDA Margin (%) of 7.97%

    • Net Profit of ₹5.10 Cr

    • Net Profit Margin (%) of 1.98%

    • Diluted EPS of ₹ 0.69

    FY25 Standalone Financial Highlights

    • Total Revenue of ₹ 789.55 Cr

    • EBITDA of ₹ 62.91 Cr

    • EBITDA Margin (%) of 8.15%

    • Net Profit of ₹15.64 Cr

    • Net Profit Margin (%) of 2.43%

    • Diluted EPS of ₹ 2.11

    Key Highlights for FY25

    • EBITDA stood at ₹63.01 Cr, marking a 10.79% YoY increase

    • Profit Before Tax rose by 38.13% YoY to ₹20.59 Cr

    • Profit After Tax grew by 36.97% YoY to ₹15.82 Cr

    • Earnings Per Share improved by 24.12% YoY, reaching ₹2.07

    • Debt-Equity Ratio improved from 2.48 to 1.81, indicating stronger financial stability.

    • For FY25 Exports contributed ₹ 306.39 Cr, which is 39% of the total revenue, whereas domestic revenue contributed ₹ 475.27 Cr, which is 61% of the total revenue.

    • The production of Galvanized steel increased by 20.62% YoY in FY25.

    • The production of Colour coated steel coils grew by 21.99% YoY in FY25.

    Commenting on the performance Mr. Karan Agrawal Whole Time Director, Manaksia Coated Metals & Industries Limited said, “We are pleased to report that FY25 was a landmark year for us. During the year, we successfully completed two crucial fund-raising initiatives through the allotment of warrants and equity shares. The capital raised has significantly strengthened our balance sheet and will fuel our upcoming growth initiatives.

    As we step into FY26, we are excited about the transformational projects underway. We are upgrading our galvanizing technology to manufacture AluZinc—a high-performance alloy-coated steel known for its durability and premium pricing. This shift is expected to improve our operating margins and overall profitability from the very first quarter of the new fiscal.

    We are also in the process of establishing a captive solar power plant, which will replace a large portion of our grid dependency. This will substantially reduce our power costs and support our sustainability goals.

    Additionally, we are expanding our colour-coating capacity through the installation of a second line. This will bring our downstream processing in line with our upstream capabilities, helping us serve growing demand both domestically and globally.

    With growing exports and increasing demand for value-added coated products, we are confident that we are entering a new phase of accelerated and sustainable growth.”

    Q4 FY25 Key Business Highlights

    Allotment of Warrants on Preference Allotted 2.07 Cr fully convertible warrants on a preferential basis at ₹65 each to promoter group and public investors, raising ₹134.55 Cr.
    Allotment of Equity Shares Allotted 52,00,000 equity shares at ₹65 each, comprising 44,00,000 shares to non-promoters and 800,000 shares to promoters, upon conversion of warrants, raising ₹25.35 Cr.

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  • More Than Money PayRupik is Lending Hope

    More Than Money PayRupik is Lending Hope

    Bengaluru (Karnataka) [India], May 16: In a world where access to credit can define opportunities, PayRupik has become more than just a loan app, it’s a symbol of hope for millions. Backed by Sayyam Investments Pvt. Ltd., this digital lending platform is quietly reshaping financial access in India while supporting the communities that need it the most.

    Started in 2021, with a vision to facilitate financial welfare and to provide the finest credit services to all demographics of India, PayRupik has extended the reach starting from tier 2 and tier 3 cities to all core cities and districts in India, and emerged as a highly trusted lendtech platform with a rating of 4.4 star on Google play store, empowering over 5 million individuals with swift, hassle-free financial assistance. What sets PayRupik apart is its deep understanding of the Indian borrower’s mindset, engineered to serve salaried professionals, gig workers, and small business owners , individuals who often struggle to secure credit due to documentation requirements, limited credit history, or lack of collateral.

    PayRupik offers a paperless and fully digital borrowing experience, allowing users to apply for and receive short-term personal loans directly via the mobile app. The approval process is supported by robust backend automation, ensuring that eligible users receive funds within minutes of applying. This speed and reliability have made PayRupik especially valuable during unforeseen emergencies like medical needs, utility payments, school fees, and more.

    Strategic Growth Backed by Vision

    The growth of PayRupik has been steady and focused, driven by the vision of Sayyam Investments Pvt. Ltd., a Non-Banking Financial Company (NBFC) that aims to make credit access simple and inclusive for all. With a deep understanding of India’s evolving financial needs, PayRupik’s expansion is rooted in thoughtful execution, prioritizing ease of use, minimal documentation, and quick processing to meet the growing demand for personal loans. Its user-first approach ensures that even individuals with limited financial literacy or banking access can comfortably apply for and receive short-term credit.

    As PayRupik continues to grow, Sayyam Investments remains focused on expanding its reach and strengthening its product offerings within the lending space. In a strategic partnership with Medscred, Sayyam has successfully extended medical financial assistance via MediClaim loans. With a simple application form, people across Bengaluru, Ahmedabad, Chennai and Hyderabad have been able to avail loans disbursed directly to hospitals, making the discharge process swifter than ever. With the success of Mediclaim loans, Sayyam plans to extend the medical financial support to individuals via a new product for IVF treatment – “Care Now, Pay Later” in partnership with Medscred.

    Enabling Inclusion Beyond Lending

    Apart from promoting financial inclusion, Sayyam Investments also supports empowerment programs for communities across Tier 1, 2, and 3 cities and rural areas through their CSR initiatives. These efforts span education, environment, health, agriculture, and livelihood support joining hands with Rotary Bangalore South East Charitable Trust, Stem Learning, Stepahead Foundation, Finople Foundation, Vidya Nidhi Foundation, Shanti Sajal Research and Charitable Trust and Society For Rural and Urban Joint Activities, directly impacting lives at the grassroots level.

    The Company has taken part in various educational development programs across government schools and rural areas, reflecting on their commitment to empowering under-priviledge communities. Furthermore, in association with NGOs, their vision of supporting all sectors of the Indian public reflects on their initiatives towards women empowerment and rural healthcare development. Soon to open up to the people of Nawada, Bihar, Sayyam has extended support to develop a healthcare facility for the underserved, rural population of Nawada, ensuring that quality healthcare is accessible at the utmost convenience.

    The company believes that access to credit, when combined with education, healthcare, and livelihood creation, can lift entire communities into a cycle of self-reliance and growth.

    The Road Ahead 

    As India rapidly digitizes and decentralizes its financial systems, Sayyam is well positioned to play a pivotal role in the Indian Lendtech Space. By expanding physical branches in Ahmedabad, Delhi, Kolkata, and Shillong and introducing offline loan applications, Sayyam is making credit more accessible, especially where it’s needed most. With a customer-first approach and deep insight into user challenges, they’re broadening their loan portfolio, rolling out new products with longer tenures and lower APRs. Upcoming partnerships with leading NBFCs aim to offer co-lending options, empowering users to compare and choose the best terms.

    In this evolving landscape, the synergy between PayRupik’s agile digital model and Sayyam Investments’ visionary leadership tells a powerful story — one rooted in innovation, empathy, and impact. PayRupik isn’t just a lending platform; it’s a catalyst for dreams and resilience across India.

    Learn more about Sayyam and PayRupik: https://www.payrupikloan.in/

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  • Courage in Adversity: The Journey of 26 November

    Courage in Adversity: The Journey of 26 November

    New Delhi [India], May 17: In the current climate of uncertainty and unrest, the theatrical landscape in India faces unprecedented challenges. The looming specter of conflict, particularly between India and Pakistan, coupled with a turbulent political atmosphere, has cast a shadow over the cinematic experience. As audiences remain glued to their television screens, absorbing the latest news, the anticipation surrounding the release of the highly awaited Marathi film, 26 November, is met with an unfortunate backdrop of societal tension.

    26 November” is not just another film; it is a bold narrative woven into the very fabric of our social consciousness. The film, helmed by the debut director, Sachin Urade and produced by the dynamic duo Anilkumar Jawade and Nilesh Onkar, addresses a plethora of pressing issues—poverty, corruption, bureaucratic malaise, and the alarming ignorance surrounding our Constitution. The date, 26 November, marks the day in 1949 when the Indian Constitution came into effect, and the filmmakers aspire to elevate this date to the same reverence as Independence Day and Republic Day, advocating for it to be celebrated as Constitution Day.

    The film boasts a stellar cast, featuring talents such as Aniket Vishwasrao, Sayaji Shinde, Dr. Jui Jawade, Bharat Ganeshpure, and Vijay Patkar, among others. Shot over three years across the diverse landscapes of Vidarbha, the film showcases the commitment of its creators to deliver a high-quality cinematic experience, supported by some of the best technical minds in the industry. The music, composed by the talented Amar Desai, blends emotional depth with stirring melodies, culminating in a powerful title track that resonates with the film’s core message.

    The marketing strategy for 26 November” is nothing short of revolutionary. Under the Authority of Girish Wankhede and his team at Entity One, the film’s promotional campaign has been extensive and multifaceted. From strategic social media management to ground activation events and brand collaborations, every aspect has been meticulously crafted to ensure maximum visibility. The collaboration with prominent brands such as Hathway, Den Movies, and NDTV Marathi has resulted in a remarkable media value of three crores, setting a new benchmark for brand partnerships in Marathi cinema.

    The film’s trailer was unveiled in a grand event at Cinepolis, graced by the esteemed Mahesh Kothare, who lauded the film’s production quality, likening it to the polished narratives of South Indian cinema. This was followed by a monumental audience engagement event on Dr. B.R. Ambedkar Jayanti at Jambori Ground in Worli- Mumbai , where an astonishing 15,000 people gathered to witness the trailer and interact with the star cast—a testament to the film’s resonance with the public.

    Despite the Herculean efforts behind the film’s promotion, the current socio-political climate poses significant obstacles. Anilkumar Jawade, the first time Producer, reflects on his dream of creating a film that resonates with the common man, emphasizing the importance of constitutional awareness. He remains hopeful that, despite the challenges, the film will find its audience through digital platforms, allowing its vital message to reach homes across the nation.

    Girish Wankhede, who has orchestrated the film’s marketing strategy, acknowledges the irony of the timing. “Sometimes, you find yourself in the wrong place at the wrong time,” he states, expressing his determination that the story will ultimately prevail. “A good story never dies; it has its own way of reaching the audience.”

    In an era where the cinematic experience is often overshadowed by external turmoil, 26 November emerges as a poignant reminder of the power of storytelling. It embodies the spirit of resilience, advocating for awareness and engagement with our Constitution at a time when such values are paramount. As the film navigates these turbulent waters, it stands as a testament to the unwavering belief that art can inspire change and foster hope, even in the bleakest of circumstances.

    Through its compelling narrative and the dedication of its creators, 26 November is poised to make an indelible mark on the Marathi film industry, igniting conversations that transcend the silver screen and resonate deeply within the hearts of its audience.

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  • Cooperative Banking Leaders Unite at Sarvajanik  University for Certificate distribution  Ceremony

    Cooperative Banking Leaders Unite at Sarvajanik University for Certificate distribution Ceremony

    Surat (Gujarat) [India], May 16: A certificate distribution ceremony of the first batch of Executive Programme in Banking was organized at Sarvajanik Centre for Training and Certificate Courses, a constituent institute of Sarvajanik University, under the leadership of Shri Bharat Shah (President SU & Chairman SES). Shri Kanjibhai Bhalala, an eminent banker from the cooperative banking sector was the chief guest while Dr. Kiran Pandya, Provost – Sarvajanik University, was the guest of honour.

    The function was held to felicitate the participants who had successfully passed the certificate course titled Executive Programme in Banking. This course aims to reskill bankers who are designated senior officers / Managers from various cooperative banks of South Gujarat. The program was designed in consultation of all senior executives of Urban Cooperative Banks of the region. This is an adult learning programme & the median age of participants was 40 years. AGM/GM/MD/CEO/Professionals, etc. gave voluntary services as resources for this course. The institute also intends to start a new program exclusively for the newly elected Directors of Cooperative banks without any prior experience of banking sector.

    Chairman / Vice – Chairman / MD / CEO of all cooperative banks of the Surat City were present during the function.

    Kanjibhai stressed on the need for training the workforce as the present environment is very challenging and competitive. Further, he believed improvement in productivity of employees would be key to the future of cooperative banks.

    Dr. Kiran Pandya emphasized the need for an institutional framework for adult learning. He stressed the need to strengthen the workforce to cope with the changing facets of the banking sector, e.g. technology. He also stressed upon organizing workshops to train the manpower.

    Ashish Desai – Registrar, SU gave the details of various programs offered by the University and the future. He called upon the bankers to come up with the challenges and areas of concern of banks for their solution from university in areas like technology, management, data analysis, market surveys, etc. on a consultancy basis.

    Participants and resource persons shared their experiences and the positive impact this program had in their routine work.

    Mr. Kaushik Dalal, Chairman of The Surat Mercantile Cooperative Bank, shared his experiences and the need for such course so as to have better manpower in the cooperative banking sector. He appealed to the representatives of all banks to nominate their employees in the 2nd batch which is scheduled to start in the present month.

  • Signoria Commences Commercial Production at New Jaipur Facility

    Signoria Commences Commercial Production at New Jaipur Facility

    Jaipur (Rajasthan) [India], May 16: Signoria Creation, (NSE – SIGNORIA), a leading name in women’s apparel industry is pleased to announce the commencement of commercial production at its new rented premises located at Plot No. 37, Krishna Nagar, Village Kalyanpura, Tehsil Sanganer, District Jaipur (303503), Rajasthan as of May 13, 2025.

    This expansion represents a significant step forward in Signoria’s long-term strategy to scale operations and reinforce its presence in the market. The new facility features advanced production infrastructure aimed at boosting capacity, enhancing efficiency, and elevating product quality. The increased output is expected to streamline operations, shorten lead times, and support the introduction of new product lines.

    With this facility, Signoria Creation marks a pivotal advancement in its growth journey. Spanning 5,000 square feet, the newly operational unit is equipped to accommodate 130 machines, boosting daily production capacity by 1,000 pieces—from 2,500 to 3,500 pieces per day—representing a robust 40% increase, enabling the company to better meet rising demand, scale up its offerings, and strengthen supply chain responsiveness.

    Commenting on the development, Mr. Vasudev Agarwal, CMD of Signoria Creation Limited said, “We are pleased to announce the commencement of commercial production at our new Jaipur facility, a key milestone in our strategic growth plan. This expansion significantly enhances our production capabilities, enabling us to respond more efficiently to increasing demand while maintaining our commitment to quality. It positions us to tap into larger orders, enter new markets and further solidify Signoria Creation’s reputation as a dynamic and dependable player in the women’s apparel industry.

    With this development, Signoria Creation Ltd. is strategically positioned to tap into new growth avenues, expand its footprint, and continue delivering sustained value to all stakeholders.”

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  • Kaushalya Logistics Unlocks New Growth Potential With Shree Cement Collaboration

    Kaushalya Logistics Unlocks New Growth Potential With Shree Cement Collaboration

    New Delhi [India], May 16: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has announced a significant milestone with the onboarding of a prestigious new client, Shree Cement Limited, one of India’s top cement manufacturers. Under this partnership, the company has commenced operations at the Rohtak Depot under the CFA model, marking a major expansion in the company’s client portfolio.

    This collaboration is a significant milestone for the company, further strengthening its position as one of the trusted and efficient supply chain partners. With this partnership, the company now serves 4 of the top 5 cement manufacturers in India, highlighting a strong presence in the sector.

    The Rohtak Depot is the first CFA-model depot/rake point launched by the company in FY 2025–26 and the second new facility started during the current financial year. With this, the company’s total network of depots and rake points has grown to 104. The company has also secured approval for the Bhiwani Depot from Shree Cement, which is expected to commence operations shortly.

    The tie-up with Shree Cement not only strengthens the company’s market presence but also opens up avenues for long-term volume growth and operational scalability. The CFA model enables closer integration with the client’s supply chain, offering faster delivery and enhanced service levels.

    Looking ahead, the company has set an ambitious target to manage more than 200 depots. The company continues to demonstrate its commitment to delivering reliable, efficient, and scalable supply chain solutions to the cement industry.

    Commenting on this Mr. Uddhav Poddar, Managing Director, Kaushalya Logistics Limited said, “We are delighted to partner with Shree Cement Limited, one of India’s leading cement manufacturers. This partnership marks a significant achievement for Kaushalya Logistics and clearly reflects the industry’s growing confidence in our capabilities. With this addition, we are proud to be serving 4 of the top 5 cement companies in the country, further strengthening our position as a trusted supply chain partner. The launch of the Rohtak Depot under the CFA model is another step toward our mission of delivering seamless, efficient, and scalable supply chain solutions. As we progress toward our goal of expanding to 225 depots by FY26, we remain committed to building strong, long-term partnerships and driving meaningful growth across the cement industry.

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  • Banganga Paper Industries’ FY25 Consol Total Income at ₹ 58 Cr

    Banganga Paper Industries’ FY25 Consol Total Income at ₹ 58 Cr

    New Delhi [India], May 16: Banganga Paper Industries Limited (BSE Code – 512025), (Formerly known as Inertia steel Limited), one of the leading manufacturer and supplier of a diverse range of kraft paper, has announced its Audited Q4 & FY25 results.

    Key Consolidated Financial Highlights:

    Q4 FY25

    • Total Income of ₹ 20.56 Cr

    • EBITDA of ₹ 2.08 Cr

    • EBITDA Margin of 10.13%

    • Net Profit of ₹ 1.00 Cr

    • Net Profit Margin of 4.86%

    • EPS of ₹ 0.83

    FY25

    • Total Income of ₹ 58.24 Cr

    • EBITDA of ₹ 4.90 Cr

    • EBITDA Margin of 8.42%

    • Net Profit of ₹ 1.88 Cr

    • Net Profit Margin of 3.23%

    • EPS of ₹ 1.57

    Commenting on the financial performance, Mr. Karbhari Dhatrak Chairman & Managing Director, Banganga Paper Industries Limited said, “We are pleased with our progress in Q4 FY25, which underscores the strength of our manufacturing operations and the growing influence of our wholly owned subsidiary, Banganga Paper Mills. Our facility, operating at high efficiency, positions us well to meet the rising demand for sustainable and high-quality kraft paper products.

    Sustainability remains at the heart of our business strategy. Our commitment is reflected in the adoption of eco-conscious technologies such as the Refuse-Derived Fuel system, which allows us to convert non-disposable waste into fuel for paper production—further reducing our environmental impact. Additionally, our recent Power Purchase Agreement with Livint Green Technologies marks a significant step in our journey towards clean energy. By integrating solar power into our operations, we are not only reducing our carbon footprint but also strengthening energy resilience.

    Looking ahead, we are optimistic about the future. With a focus on innovative practices, environmentally responsible manufacturing, and an expanding product portfolio tailored to emerging market needs, we are confident in our ability to sustain our growth trajectory and create long-term value.”

    Key Operational Highlights

    Entered into a Power Purchase Agreement (PPA) with Livint Green Technologies Ltd.
    • Livint Green Technologies Ltd., will develop, own, and operate a 2.5 MW DC ground mounted solar power plant at Karjat Village, Ahmednagar District, Maharashtra.
    • This solar facility will supply clean energy to Banganga Paper Mills’ manufacturing unit in Nashik, ensuring a reliable and cost-effective renewable energy source.
    • Banganga Paper Mills Limited will hold a 26% equity stake in the power-producing entity, while the remaining 74% will be retained by Livint Green Technologies Ltd.

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  • OYO Launches Summer Vacations Limited Period Free Stay Program In 1100+Hotels

    OYO Launches Summer Vacations Limited Period Free Stay Program In 1100+Hotels

    New Delhi [India], May 16: Global hospitality technology company OYO has announced the launch of a summer vacation limited-period free stay program across 1100+ company serviced hotels in popular holiday destinations across India. A total of 1000 free stays will be available each day on a first-come, first-served basis, allowing thousands of travelers to enjoy a comfortable and memorable stay at no cost. Guests can redeem their complimentary stay by entering the coupon code FREESUMMER while booking through the OYO app or website.

    The offer is valid from May 17 to 24, 2025, giving travelers the chance to experience OYO’s premium hospitality completely free of charge.

    It covers a wide range of OYO properties across hill stations, beach towns, and heritage cities, including Shimla, Manali, Mussoorie, Goa, Jaipur, Udaipur, and Ooty, among others. For travelers looking to blend business with leisure, the program also includes major urban hubs like Delhi, Jaipur, Hyderabad, Pune, and Kolkata, offering the perfect mix of work and relaxation.

    The initiative is aimed at encouraging more families and solo travelers to explore new places while staying at OYO’s premium properties. The hotel brands included as part of this scheme include Townhouse and Collection O properties.

    Unlike other OYO properties, company serviced hotels stand out for their high-quality services, modern interiors, and enhanced guest experience. These hotels are carefully curated and managed directly by OYO to ensure superior comfort, top-tier amenities, and impeccable service.

    Commenting on the initiative, Varun Jain, Chief Operating Officer, OYO said We see this as a unique opportunity for guests to experience the comfort and consistency of our company-serviced premium hotels. That’s why this summer, we’re offering free stays at select premium properties—making travel more accessible, joyful, and rewarding for families, business, pilgrims  and solo travelers alike.”

    For more details and to book your stay, visit www.oyorooms.com or download the OYO app today.

    About OYO

    OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate approximately 1.75 lakh hotels and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of March 30, 2024. For more information, visit www.oyorooms.com.

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