Author: Sutun Nayak

  • ABBS School of Management Signs Landmark Study Abroad Agreement with ESCE International Business School, Paris

    ABBS School of Management Signs Landmark Study Abroad Agreement with ESCE International Business School, Paris

    Partnership opens doors for PGDM students to earn a globally recognised MSc degree from one of the France’s top-ranked business schools

    Bengaluru (Karnataka) [India], May 6:  ABBS School of Management (ABBSSM)one of the India’s premier management institutions affiliated to AICTE and approved by AIU, is pleased to announce the signing of a Study Abroad Agreement with ESCE International Business School, a prestigious institution under the OMNES Education group based in Paris, France. The agreement establishes a structured pathway for ABBSSM students to pursue internationally accredited MSc programmes at ESCE.

    ESCE, ranked among the Top 200 Master’s in Management programmes globally in the QS 2024 rankings and EFMD certified, offers CGE-certified MSc Fast Track programmes across four high-demand specialisations: International Corporate Finance, International Business Development, International Marketing, and Global Supply Chain. Under this agreement, PGDM 1st and 2nd year students from ABBSSM will have the opportunity to study for a full academic year at ESCE’s Paris campus, completing the Fast Track M2 of an MSc programme and earning the ESCE degree upon successful completion.

    Speaking on the occasion, Dr Madhumita Chatterji, Director of ABBS School of Management, said“This collaboration with ESCE marks a significant milestone in our commitment to providing world-class education with a global outlook. Our students will gain invaluable international exposure, cross-cultural competencies, and a dual credential that will set them apart in the competitive global job market. We are proud to partner with an institution of ESCE’s calibre and look forward to a long and fruitful relationship.”

    Key Highlights of the Agreement:

    • Programme Duration: 15 months starting in the Fall intake or 18 months starting in the Spring intake, ensuring flexibility for students.
    • Degree Outcome: Students will earn the ESCE MSc degree upon completion, along with the ABBSSM PGDM credential – providing a powerful dual qualification.
    • Tuition Benefit: ABBSSM students will receive a discount on the tuition fee, making this premium international education more accessible.
    • Language: All programmes are taught in English, with a minimum IELTS score of 6.0 or equivalent institutional attestation required.
    • Credit Transfer: Full credit transferability is assured.

    A Broader Vision for Internationalisation:

    Beyond student mobility, the agreement lays the groundwork for a wide range of collaborative initiatives between the two institutions, including student exchange programmes, dual degree options, joint research projects, faculty exchanges, executive education programmes, collaborative virtual projects, and joint conferences and publications. Both institutions have committed to promoting mutually beneficial activities in education, research, and the internationalisation of higher education.

    About ABBS School of Management (ABBSSM)

    Founded in 2009 and registered under the Samagra Sikshana Samithi Trust, ABBS School of Management (ABBSSM)is an AICTE-affiliated and AIU-approved institute offering a two-year Post Graduate Diploma in Management (PGDM). Located in Bangalore, India’s innovation capital, ABBSSM is dedicated to nurturing future business leaders with a strong emphasis on academic rigour, industry readiness, and global exposure.

    About ESCE International Business School

    Part of the OMNES Education group, ESCE is a leading private higher education institution in France with campuses across France and Europe. EFMD certified and ranked in the Top 200 Master’s in Management globally by QS (2024), ESCE specialises in business programmes with a strong international orientation. The institution is represented by Mrs Elisabetta Magnaghi, General Director and Dean.

    Media Contacts

    Dr. Nita Samantaray, 
    Manager -Outreach & Communication
    ABBS School of Management, Bengaluru
    Email: dr.nita@abbs.edu.in

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  • Steel Exchange India Secures 5-Year Renewal of Approval from MES under the Ministry of Defence

    Steel Exchange India Secures 5-Year Renewal of Approval from MES under the Ministry of Defence

    Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand SIMHADRI TMT, has received renewal of approval from the Military Engineer Services (MES) under the Ministry of Defence for the supply of its TMT bars.

    The renewed approval covers TMT bars of grade Fe 500D and Fe 500D HCRM in the size range of 8 mm to 32 mm, manufactured at the Company’s integrated steel plant at Sriram Puram, Vizianagaram, Andhra Pradesh, using TEMPCORE technology.

    The approval has been renewed for a period of five years, reinforcing the Company’s continued compliance with MES’s stringent quality standards, technical evaluations, and inspection protocols.

    MES approvals are granted to a select set of manufacturers meeting rigorous criteria, creating a high entry barrier vendor base. This renewal reflects Steel Exchange India’s consistent focus on quality, process discipline, and adherence to prescribed standards over time.

    The approval remains subject to ongoing compliance requirements, including testing as per IS 1786:2008 standards and periodic inspection of manufacturing processes and quality systems by MES authorities.

    With this renewal, the Company continues to remain eligible to participate in MES projects, strengthening its presence in institutional and government-linked infrastructure segments.

    Commenting on the update, the management of Steel Exchange India Limited said: “This renewal reflects our consistent focus on quality and disciplined execution, which are critical for institutional supply. It reinforces our position in a segment characterized by stringent standards and high entry barriers. We see this as an important step in sustaining our participation in MES projects and strengthening our presence in government and infrastructure-linked segments.”

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  • SB Infowaves Commands Centre Stage at CMPL Expo 2026, Drawing Record Footfall & Investor Buzz

    SB Infowaves Commands Centre Stage at CMPL Expo 2026, Drawing Record Footfall & Investor Buzz

    Mumbai (Maharashtra) [India], May 6: In CMPL Expo 2026, one of the top business convergent events of Asia, SB Infowaves became a point of great interest as the stall in Booth E-57, Jasmine Hall, Level 3, witnessed huge footfall.

    Starting from the very beginning of the event, there was never a shortage of people visiting the booth; in fact, queues began to form in the middle of the morning, emphasizing the increasing recognition of the company across the country and even worldwide.

    Founder and Managing Director Shreya Parasrampuria spearheaded the interactions with the visitors, gaining appreciation for simplifying complicated questions related to digital transformation. This was ably assisted by Pradipta Ghosh and Romit Atta, members of the SB Infowaves Team.

    “Unmatched energy surrounds this place with conversations having an aim and drive,” said Pradipta Ghosh, adding that there were several cases where discussions at the expo itself turned out to be consultation sessions after the expo.

    CMPL

    Interest among the audience showed that the major products of the company, i.e., AI agents, artificial intelligence-enabled business automation, and performance marketing services, were the most intriguing, as was apparent from the demand for intelligent and scalable products and services. There were many people who scheduled meetings for onboarding sessions immediately following live demonstrations of AI agents.

    The performance marketing solutions offered by SB Infowaves, which centered on the delivery of data-based campaigns and return on investment optimization, were equally appreciated by retail/e-commerce organizations through various case studies demonstrating lower acquisition costs and higher customer lifetime value.

    As many business executives, venture capitalists, and innovation experts attended the CMPL Expo 2026, the exceptional performance of  SB Infowaves showcased the strength and leadership of their products/services. It seems people are extremely keen for Performance Marketing and AI sales agents. Booth E-57 will remain an important focus area during the rest of the event.

  • India’s New Sovereign Arrival in Global Ultra-Luxury Timekeeping

    India’s New Sovereign Arrival in Global Ultra-Luxury Timekeeping

    New Delhi [India], May 6: In a decisive assertion of India’s rising influence within the global luxury landscape, XII NOON has announced its arrival as a new sovereign name in ultra-luxury timekeeping, positioning itself not merely as a participant in the world of fine horology, but as a house intent on defining its own category.

    Built on the philosophy of “Make with India for the World,” XII NOON brings together Swiss movement precision, Belgian craftsmanship, and culmination in Bharat, representing a distinctive expression of Indian authorship in the global ultra-luxury segment. The house is shaped by exclusivity, cultural depth, and an enduring sense of identity.

    “This is not luxury conceived for reach; it is luxury conceived for recognition.”

    Ownership Granted. Not Sold.

    At the heart of XII NOON lies a philosophy that departs from conventional luxury retail structures. Rather than pursuing volume-led growth, the house operates through an invitation-led ownership framework in which acquisition is not openly transacted, but selectively extended.

    This controlled access model preserves scarcity while elevating stature, reinforcing the principle that true luxury is not accessed by many, but recognized by few.

    Within XII NOON, ownership is not transactional. It is positional.

    A Curated House of Signature Creations

    The house presents a portfolio that extends beyond timekeeping into objects of cultural permanence. Its signature creations include:

    • Signature Edition — a refined women’s timepiece defined by elegance and individuality
    • The Bharat Edition — a tribute to India’s sovereign identity and enduring heritage
    • Burj Khalifa Edition — a global expression of architectural excellence
    • Vajra Pen Collection — a symbolic extension of legacy beyond chronology

    These are not products designed for circulation. They are objects designed for inheritance.

    The Discipline of Rarity

    Luxury, within the XII NOON framework, is not expressed through availability. It is expressed through restraint. Annual production is limited to 45 timepieces, reinforcing rarity, long-term value, and collectible prestige. Every piece is treated as a singular creation, aligned with the identity and stature of its owner.

    This is exclusivity not as a feature, but as strategy.

    Beyond Timekeeping: The Philosophy of Vajra

    Extending beyond horology, XII NOON introduces the Vajra Pen Collection, translating the language of legacy into writing instruments. Rooted in cultural symbolism and permanence, Vajra is built on a singular belief:

    “Not everything that defines legacy is worn. Some of it is written.”

    India’s Assertion in Global Luxury

    Founded by a 24-year-old global golfer with academic foundations from the London School of Economics and Harvard Business School, XII NOON reflects a rare synthesis of international exposure and sovereign Indian identity. The house stands at the intersection of heritage and modern authorship.

    Its guiding philosophy — Reduced Elements. Increased Dominance. — defines a minimal yet commanding approach to ultra-luxury. As India’s voice within the global luxury economy continues to strengthen, XII NOON does not merely participate in the conversation.

    For more details log onto www.xiinoon.in

    XII NOON does not follow time

    XII NOON defines it.

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  • The Return Of Shadows: When Entertainment Decided Happiness Was Overrated

    The Return Of Shadows: When Entertainment Decided Happiness Was Overrated

    Mumbai (Maharashtra) [India], May 6: There’s a peculiar honesty in darkness. Not the dramatic, overproduced kind, the kind that screams for attention, but the quieter, more unsettling version. The one that lingers. The one that doesn’t resolve itself neatly in two hours with a hopeful soundtrack and a conveniently entertainment redemption arc.

    That version is back.

    Across films and streaming platforms, “noir”, with its morally ambiguous characters, psychological tension, and endings that feel less like closure and more like resignation, is quietly reclaiming its space. And no, it’s not subtle about it either.

    Because apparently, audiences have decided they would rather feel uncomfortable truth than curated optimism.
    Charming.

    The Return Of Moral Ambiguity

    The modern resurgence of noir isn’t just aesthetic. It’s philosophical.

    • Anti-heroes are replacing traditional protagonists
    • Stories are embracing ethical complexity
    • Endings are… less reassuring

    Characters no longer need to be likable.
    They need to be believable.

    And belief, as it turns out, doesn’t always align with virtue.

    The Backstory: Noir Never Really Left

    To say noir is “returning” is slightly misleading.
    It never disappeared; it just evolved.

    From classic detective films to contemporary reinterpretations, the genre has always existed in some form. What’s changed is its prominence.

    • Earlier: A niche, stylistic choice
    • Now: A mainstream narrative direction

    The shift isn’t about revival.
    It’s about relevance.

    The Cultural Context: Why Now?

    Timing, as always, is everything.

    • Global uncertainty has influenced storytelling preferences
    • Audiences are more exposed to complex realities
    • Simplistic narratives feel… insufficient

    Optimism hasn’t vanished.
    It’s just no longer the default.

    Because when real life becomes unpredictable, fiction tends to reflect that unpredictability.

    The Economics Of Darkness

    Let’s introduce numbers, because even existential dread has a budget.

    • High-end streaming dramas often range between $50 million to $150 million per season
    • Psychological thrillers consistently perform well on global charts
    • Dark-themed content tends to generate higher engagement and discussion

    Why?

    Because complexity keeps audiences invested.
    And investment, emotional or otherwise, drives retention.

    The Positive Case: Depth, Authenticity, Engagement

    There’s a reason this trend is gaining traction.

    • Stories feel more grounded
    • Characters are multidimensional
    • Narratives encourage reflection

    From a PR perspective, it’s almost ideal.

    Content that:

    • Sparks conversation
    • Builds loyal audiences
    • Differentiates itself in a saturated market

    In other words, darkness… sells.

    The Slightly Bleak Downsides

    Of course, not everything benefits from perpetual gloom.

    Emotional Fatigue

    • Constant exposure to heavy themes can be exhausting
    • Audiences may seek lighter alternatives over time

    Creative Homogenization

    • Overuse of noir elements can lead to predictability
    • “Dark” becomes a formula rather than a philosophy

    Limited Accessibility

    • Not all viewers resonate with morally complex narratives
    • Some prefer clarity over ambiguity

    Because while honesty is appreciated, it’s not always comforting.

    The Streaming Factor: Algorithms Love Complexity

    Streaming platforms have played a significant role in this resurgence.

    • Data-driven insights highlight audience preferences
    • Engagement metrics favor layered storytelling
    • Longer formats allow deeper character exploration

    This creates an environment where noir thrives.
    Not because it’s trendy.

    But because it performs.

    The Sarcasm (Because It’s Necessary)

    There’s something almost poetic about the situation.
    After decades of feel-good narratives, audiences have collectively decided:

    “Let’s watch something emotionally devastating tonight.”
    Because nothing says relaxation quite like existential ambiguity.

    The Creative Shift: From Resolution To Reflection

    Traditional storytelling often prioritised closure.

    Noir, however, prefers ambiguity.

    • Questions over answers
    • Consequences of redemption
    • Reflection on resolution

    This doesn’t make stories incomplete.
    It makes them… uncomfortable.

    Which, apparently, is the point.

    The Audience Evolution: Seeking Something Real

    Modern viewers are not passive.

    They’re:

    • Analytical
    • Opinionated
    • Emotionally invested

    They don’t just consume content.
    They interpret it.

    And interpretation thrives in complexity.

    The Industry Perspective: Strategic Storytelling

    For creators and studios, the resurgence of noir is both an opportunity and a challenge.

    • Opportunity to explore deeper narratives
    • Challenge to maintain originality

    Because while darkness attracts attention, it also demands nuance.
    Without it, the genre risks becoming… predictable.

    The Innovation Trade-Off

    As with any trend, balance is key.

    Pros:

    • Richer storytelling
    • Stronger audience engagement
    • Greater creative freedom

    Cons:

    • Risk of over-saturation
    • Emotional heaviness
    • Reduced appeal for broader audiences

    It’s not a flaw.
    It’s a calibration.

    The Bigger Pattern: Entertainment Reflecting Reality

    What we’re seeing isn’t isolated.

    Across media:

    • Themes are becoming more complex
    • Narratives are less idealized
    • Characters are more human

    Entertainment isn’t escaping reality.
    It’s interpreting it.

    So, Is Optimism Really Out Of Fashion?

    Not entirely.
    It’s just… competing.

    • Light-hearted content still exists
    • Optimistic stories still resonate

    But they share space now.
    With narratives that are less certain, less polished, and significantly more introspective.

    The Final Thought: When Shadows Become Storytelling Tools

    The resurgence of noir isn’t a rejection of positivity.
    It’s an expansion of perspective.

    Stories are no longer required to comfort.
    They’re allowed to challenge.

    And perhaps that’s the most significant shift.
    Because when audiences embrace discomfort, storytelling evolves.
    Even if it occasionally leaves us with more questions than answers.

    Which, in its own way, feels… honest.

    PNN Entertainment

  • Hettich Brings Its Magical Experience to Solapur with a New Hettich Exclusive (HeX) Store Launch

    Hettich Brings Its Magical Experience to Solapur with a New Hettich Exclusive (HeX) Store Launch

    Solapur (Maharashtra) [India], May 5: Hettich is strengthening its experiential footprint across the country with the continued expansion of its Hettich Exclusive store network, including the launch of its latest store in Solapur. This growing network of HeX stores is designed to bring the magic closer to the customers by offering immersive spaces to explore and engage with innovative German furniture fittings and thoughtfully designed solutions.

    The HeX Solapur store offers an integrated solution-shopping experience with curated walk-throughs of contemporary furniture fitted with advanced furniture fittings, architectural door hardware, furniture lighting and built-in kitchen appliances. Customers can also benefit from Free Design Services, where professional designers assist in visualising and planning furniture for their living spaces, making the journey from idea to execution more seamless.

    Commenting on the launch, Mr. Rahul Thakkar, Director – Sales, Hettich India, said: “Solapur is steadily evolving, with homeowners increasingly embracing modern design and premium living spaces. The demand for high-quality, functional, and well-crafted furniture with innovative fittings is clearly on the rise here. Our new HeX store brings award-winning German innovation closer to customers, offering an immersive space to explore and experience the magic of our thoughtfully designed solutions.”

    The Solapur HeX store is part of Hettich’s strategic plan to open HeX stores across India this year, strengthening its experiential ecosystem alongside Experience Centres nationwide. Each solution from Hettich is designed to be smart, durable, and tailored for evolving lifestyles. 

    Step into HeX Solapur at Mother Modular Kitchens And Interiors, Old Mahila Hospital, VIP Hotgi Road, opposite Axis Bank, Maharashtra 413003, Phone No: 7875089026

    About Hettich:

    Hettich is a 138-year-old family-owned German lifestyle brand, being one of the world’s largest manufacturers of Furniture Fittings with a global turnover exceeding 1.5 billion euros. In India, Hettich started operations at the dawn of the new millennium and within a short span of time gained an undisputed leadership position in the Indian furniture fittings industry. This year, the company celebrates 25 years of its operation in India, with the theme of ‘Built to Lead’, a powerful articulation of the journey and leadership mindset shaping its future. 

    Hettich’s product portfolio comprises a repertoire of Furniture Fittings, Architectural Hardware, Blaupunkt Built-in Appliances and Furniture Lights, providing magical interior solutions for all residential and commercial spaces.

    It is the recipient of ET Edge ‘Best Brands’ (2022 – 2025), ‘Most Preferred Brand’ 2025 and ‘Most Trusted Brands of India’ (2023 – 2027) by Marksmen Daily recognitions for its unwavering customer trust and strong brand equity. Hettich India has also been recognised among the Top 50 India’s Best Workplaces™ in Manufacturing (Large Category).

  • The Power of Cranberries: A Natural Boost for Gut Microbiome Health

    The Power of Cranberries: A Natural Boost for Gut Microbiome Health

    New Delhi [India], May 5: Most gut health conversations revolve around yoghurt, fibre, or probiotics. Rarely do cranberries enter the picture. Yet, growing research suggests they may have a meaningful role to play in supporting a healthy gut.

    Fruits and vegetables are essential for maintaining a balanced gut microbiome, which supports digestion, immunity, and overall well-being. Cranberries, in particular, offer a unique combination of fibre and naturally occurring plant compounds that can help nurture this internal ecosystem.

    A natural boost from polyphenols

    Cranberries are rich in polyphenols plant compounds known for their antioxidant properties. Emerging evidence suggests these compounds may also act in a prebiotic-like way, helping support the growth of beneficial gut bacteria and contributing to a more diverse microbiome.

    Fibre that feeds the gut

    Whether enjoyed as dried cranberries, juice, or sauce, cranberries provide dietary fibre that nourishes gut bacteria. As it produces short-chain fatty acids (SCFAs), which are widely associated with supporting gut function and overall health.

    Encouraging a healthy balance

    Some studies indicate that eating dried cranberries may support a more favourable balance of gut bacteria. This includes an increase in bacteria linked to positive health outcomes and a reduction in those associated with less favourable metabolic effects. While research is ongoing, these findings point towards cranberries playing a supportive role in gut health.

    Supporting diversity from within

    Dietary data from large population studies has identified cranberries as one of the foods linked to greater gut microbiota diversity a key marker of a healthy digestive system. A varied microbiome is often associated with better digestion and overall resilience.

    There is also early-stage research suggesting cranberry compounds may help support the gut environment by encouraging beneficial bacteria and maintaining the integrity of the gut lining. While these findings are still being explored, they add to the growing interest in cranberries as part of a balanced diet.

    With hundreds of studies conducted globally, cranberries are increasingly being recognised as more than just a festive ingredient. While more human research is needed, current insights suggest they can be a valuable addition to everyday eating habits.

    In the broader conversation on gut health, cranberries deserve a place at the table—not as a cure-all, but as a simple, flavourful way to support overall well-being.

    US Cranberries are available across major e-commerce platforms and retail stores in India in dried and juice forms.

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  • Fabtech Technologies Cleanrooms Limited Crosses Rs 200 Crore in Revenue, PAT Grows 18.95% in FY2026

    Fabtech Technologies Cleanrooms Limited Crosses Rs 200 Crore in Revenue, PAT Grows 18.95% in FY2026

    Mumbai (Maharashtra) [India], May 5: Consolidated Revenue up 46.9% to ₹221.72 Cr · Profit Before Tax up 17.14% to ₹19.95 Cr · PAT grows from ₹13.29 Cr to ₹15.82 Cr · Strategic synergies with Kelvin and AART deliver strong growth trends

    Overview

    Fabtech Technologies Cleanrooms Limited announced audited consolidated financial results for the year ended March 31, 2026. The Company crossed the ₹200 Crore revenue milestone, growing 46.9% year-on-year to ₹221.72 Crore. Profit Before Tax rose 17.14% to ₹19.95 Crore, and PAT attributable to shareholders grew from ₹13.29 Crore to ₹15.82 Crore.

    Management Commentary

    “FY26 was a year of deliberate investment, product, and industry expansions with reference to building. We crossed ₹200 Crore in revenue, entered new sectors, and built the foundations of an engineering ecosystem that will define Fabtech for the decade ahead. Internally, we have formulated Vision 2030 — our commitment to develop Fabtech into a powerhouse of engineering precision, with a world-class talent pool delivering exceptional project management and manufacturing outcomes for our clients, partners, and collaborators. We are building for scale, and every decision this year — from acquisitions to new industry references — was made with that horizon in mind.”

    Key Financials

    • Revenue: ₹221.72 Cr (+46.90% YoY)
    • EBITDA: ₹23.16 Cr (+28.27% YoY)
    • Profit Before Tax: ₹19.95 Cr (+17.14% YoY)
    • PAT: ₹15.82 Cr (+18.95% YoY)

    On Profitability — A Deliberate Investment & Reference Year

    PAT margins saw a compression to 7.13% (from 8.81% in FY25), and management has been transparent about the causes — all of which were planned investments, not only surprises:

    • New sector entry — Reference building: Fabtech deliberately accepted tighter margins in non-pharma sectors — including data centres, solar, and microelectronics — to establish project credentials. Winning references with marquee industry names required competitive pricing. These are now helping us build a pipeline of orders. ₹68 crore solar project for Waaree (Sangam Solar) marked a critical milestone—increasing our previous single-ticket average and establishing our footprint in high-scale renewable infrastructure.
    • Operational Integrity: Identified and neutralized internal operational leaks related to information security; the company has taken care of it due to its implementation of rigorous governance protocols and review mechanisms to protect project margins and proprietary value.
    • Supply Chain Fortitude: Unprecedented global geopolitical volatility and raw material bottlenecks that impacted the industry. The company remains confident on overcoming the situation and getting back on track.
    • Sundry debtors, amounting to ₹84 lakhs, were written off pursuant to an NCLT order. This has resulted in a decrease in profit for the year. Neutralized a ₹1 crore impact from Altair through a strategic merger into Advantek, simultaneously increasing our stake to 34.99%.
    • Sales promotion & exhibitions: Investment in sector-specific exhibitions, trade participation, and market development for new verticals/non-pharma — and tangible new project leads across data centres, solar, and semiconductors. Expanded our market presence by scaling our marketing investment to ₹3.5 crore, a 143% rise over the previous year (₹1.4 crore in FY25).
    • People & infrastructure: Employee benefit expenses nearly doubled YoY, of 103% to ₹17.7 crore (vs. ₹8.73 crore in FY25) (includes subsidiary during this year), securing the specialized expertise required for upcoming high-value projects and being future-ready. Reflecting planned headcount additions across project management and engineering, as well as enhanced employee amenities.

    Despite these investments, absolute earnings grew. PAT rose from ₹13.3 Crore to ₹15.8 Crore, representing an improvement on both topline (₹150.89 Cr → ₹221.72 Cr) and absolute earnings (₹13.29 Cr → ₹15.82 Cr) — even while bearing the full cost of sector-entry references, including solar. Margin stabilisation is management’s stated priority for FY27, and the conditions for this — normalised input costs, references converted, and a larger fixed-cost base now absorbed — are in place.

    Working Capital & Cash Flow

    Trade receivables grew from ₹53 Crore to ₹87.79 Crore — in line with revenue scaling from ₹150.89 Crore to ₹221.72 Crore. In all the companies, the last quarter saw an increase in billing, the trade receivables rose. Working capital requirements have expanded commensurately with the scale of the order book, and the Company is actively working with banking partners to enhance working capital credit limits to match the larger business it is executing. Short-term loans and advances increased accordingly as part of this structured scale-up of financing.

    Note: Geopolitical supply chain disruptions in Q4 FY2026 led to proactive inventory build-up to safeguard customer delivery timelines. While this temporarily elevated inventory and working capital outflows, it protected project execution continuity — a reflection of Fabtech’s customer-first commitment.

    Ecosystem In Action — Subsidiaries & Associates

    Fabtech’s strategy of building an integrated cleanroom ecosystem is producing measurable results. Both key subsidiaries demonstrated strong independent traction in FY2026:

    Subsidiary: Kelvin Air Conditioning & Ventilation Systems

    Fabtech increased its stake to 60.20%, consolidating Kelvin as a subsidiary. Kelvin delivered an estimated topline of ₹64.53 Crore for the year, with strong performance in both turnkey cleanroom HVAC delivery and data centre projects. Kelvin’s integration into Fabtech project bids is deepening, with procurement and margin synergies expected to reflect meaningfully in FY2027.

    Associate: Aart

    Fabtech’s stake in AART of 28% (March 2026) is showing the synergistic approach towards the microelectronics sector. AART has more than doubled its topline — from ₹16.6 Crore to ₹34.49 Crore — driven by reference project wins in non-pharma and microelectronics sectors. Margins are currently modest, consistent with a deliberate reference-building phase. This growth validates the market size and confirms AART as proof of concept for Fabtech’s sector-agnostic cleanroom strategy.

    The strategic acquisitions of Kelvin Air Conditioning & Ventilation Systems and AART have meaningfully increased consolidated topline— validating Fabtech’s ecosystem-led growth model.

    Outlook — Fy27 & Vision 2030

    • Order book: The Company maintains a strong order book, providing clear visibility into higher execution levels in FY27. Exceeding ₹199 crore (as on 31st March 2026). The ₹68 crore order under execution boosted our confidence to take on such kind of projects and are increasing our appetite.
    • New sector traction: Breakthroughs in data centres, microelectronics, and other non-pharma sectors — with notable client names. FY27 is expected to demonstrate the revenue quality of these investments.
    • Securing turnkey pharma cleanroom projects: from a panel supplier into a high-value turnkey partner by integrating Kelvin and AART, allowing us to capture the full project lifecycle with higher control and significantly higher value.
    • Margin recovery: With sector references built, input costs starting to normalise, and the fixed-cost base absorbed, management expects PAT margin stabilisation and improvement in FY27.
    • Supply side expansion: Automating manufacturing and enhancing process productivity at the Company’s Umbergaon Manufacturing Facility (UMF) in FY27, with a new Hyderabad facility commencing this year — expanding Fabtech’s ability to execute larger, more complex orders across geographies and sectors in India. Incorporated a UAE subsidiary.
    • Systems & processes: Internal processes and systems are being upgraded to improve efficiency and responsiveness to the stakeholders, especially customers, vendors, and investors. Skill-based training and HR practices have been introduced to enhance people’s productivity.
    • Growth rate: Management expects the Company to maintain growth rates (30-40%), if not improve upon them, building toward Vision 2030’s ambition of making Fabtech India’s preeminent turnkey cleanroom engineering platform.

    “We are building a sector-agnostic turnkey cleanroom capability across India. FY27 is a year of consolidation and execution — aligning our subsidiaries, our talent, and our systems into one cohesive Fabtech. We look forward to sharing much more with our partners as the year unfolds.”

    About Fabtech Technologies Cleanrooms Limited

    Fabtech Technologies Cleanrooms Limited is one of India’s leading providers of turnkey cleanroom solutions. The Company serves pharmaceutical, biotech, healthcare, data centre, solar, food processing, and is becoming sector agnostic, delivering certified controlled environments to ISO, GMP, and FDA standards.

    Disclaimer:
    This press release contains certain statements that may be deemed to be forward-looking statements and are based on management’s current expectations, including insights from audited financial information for HY & FY26. These statements are subject to various risks and uncertainties, including government actions, economic and political developments, technological changes, and other external factors that may cause actual results to differ materially.

    The Company assumes no responsibility for any decisions made based on such statements and undertakes no obligation to publicly update or revise them to reflect subsequent events or circumstances. For detailed financial information, please refer to official filings submitted to the stock exchanges.

  • KRM Ayurveda Limited Crosses JPY 100+ Crore Revenue Milestone in FY26;H2 FY26 EBITDA Grows ~100% YoY and PAT Surges ~149%, with PAT MarginsNearly Doubling

    KRM Ayurveda Limited Crosses JPY 100+ Crore Revenue Milestone in FY26;H2 FY26 EBITDA Grows ~100% YoY and PAT Surges ~149%, with PAT MarginsNearly Doubling

    New Delhi [India], May 5: KRM Ayurveda Limited (NSE: KRMAYURVED), one of India’s emerging integrated Ayurvedic healthcare platforms, announced its audited financial results for the year ended March 31, 2026.

    Financial Performance Highlights

    H2 FY26 vs H2 FY25

    Particulars (₹ In Lakhs) H2 FY26 H2 FY25 YoY Growth
    Revenue from operations 5,333.36 4,084.19 30.59%
    EBITDA 1,787.10 884.09 102.14%
    EBITDA Margin (%) 33.51% 21.65% 1,186.00 BPS
    PAT 1,189.73 478.12 148.84%
    PAT Margin (%) 22.31% 11.71% 1,060.00 BPS

    FY26 vs FY25

    Particulars (₹ In Lakhs) FY26 FY25 YoY Growth
    Revenue from operations 10,169.07 7,655.27 32.84%
    EBITDA 3,112.02 1,914.02 62.59%
    EBITDA Margin (%) 30.60% 25.00% 560.02 BPS
    PAT 2,012.00 1,121.41 79.42%
    PAT Margin (%) 19.79% 14.65% 513.66 BPS

    Key Business Highlights

    • Diversified Revenue Mix Driving Stability: KRM’s business model has evolved from being predominantly product-led in FY23, with services contributing just 6.59% of total sales, to a more balanced integrated healthcare model, with services contributing rising to 63.21% in FY26.
    • Expanding Integrated Healthcare Footprint: KRM now operates 6 hospitals, 8 clinics, 223+ bed capacity, with 40 physicians and 71 therapists across India.
    • IPO-Led Capital Strengthening: Following its ₹ 77 Crore NSE Emerge IPO, KRM strengthened liquidity & positioned itself for telemedicine, expansion, and medical tourism.

    Industry Opportunity

    • India’s AYUSH market, valued at ~$43 billion in 2024, is projected to reach ~$200 billion by 2030, driven by preventive healthcare, digital health, wellness tourism, and government support.

    Growth Drivers

    • Telemedicine scale-up
    • Tier II/III hospital expansion
    • International teleconsultation
    • Medical tourism
    • Certified Ayurveda training programs
    • Expanded product portfolio
    • Wider OTC distribution

    Speaking on the Company’s Financial and Strategic Performance, Dr. Puneet Dhawan, Managing Director & Promoter, said:

    “Our FY26 performance marks a transformational year for KRM Ayurveda as we crossed the %100 crore revenue milestone in FY26, while H2 FY26 EBITDA surged ~102% YoY and PAT grew ~149% YoY, reflecting the strength of our integrated healthcare model and disciplined execution. Our strategic focus on expanding hospitals, specialty care, and digital health is driving stronger margins, improving revenue quality, and deepening consumer trust. Backed by a strengthened post-IPO balance sheet, we are well-positioned to accelerate growth across India and global markets through digital healthcare, medical tourism, and innovation-led Ayurveda solutions.”

    About KRM Ayurveda Limited

    KRM Ayurveda Limited, established in 2019, is an integrated Ayurvedic healthcare company combining hospitals, clinics, telemedicine, product manufacturing, and D2C wellness solutions. Originally founded as a kidney-specialty hospital, it has evolved into a multispecialty platform offering holistic healthcare through authentic Ayurveda, modern practices, and scalable digital health solutions.

    Website: www.akmiladvisors.com

    Disclaimer: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including government actions, local, political, or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

  • Konkana Bakshi Trains Pageant Winners on Etiquette and Image Building

    Konkana Bakshi Trains Pageant Winners on Etiquette and Image Building

    New Delhi [India], May 5: India’s foremost etiquette consultant and former Femina Miss India, Konkana Bakshi, is redefining post-pageant success — equipping titleholders with the professional poise, international social grace, and personal brand authority that transform a crown into a career.

    Winning a beauty pageant is only the beginning. Once the sash is draped and the crown is placed, a titleholder steps into a world that demands far more than physical grace — it demands international etiquette, confident self-presentation, and a well-defined personal brand. Konkana Bakshi, one of India’s most distinguished image and etiquette consultants and a former Femina Miss India titleholder herself, is the woman that pageant organisations across India now turn to for precisely that transformation. 

    Through her luxury finishing institution, Savoir Faire Académie, founded in Mumbai in 2013, Bakshi has designed a specialised curriculum that takes pageant winners through the nuances of royal protocol, business etiquette, social comportment, signature style development, and strategic self-branding — skills that are rarely taught but always noticed on the world stage.

    “A crown is a symbol — but how you carry yourself once you wear it is the real statement. Etiquette is not about rules; it is about making every person in the room feel significant in your presence.” — Konkana Bakshi, Founder, Savoir Faire Académie

    From Crown to Consultant: A Journey Rooted in Purpose

    Bakshi’s credentials are as polished as the women she mentors. A winner of the Miss Elegance World 2008 title and the Miss India East 2009 pageant, she represented India on international stages, including Miss Elegance World and Chinese Miss World. It was during her travels across Europe — attending finishing schools in the United Kingdom and France — that she identified a glaring gap in the Indian professional and social landscape: the complete absence of world-class etiquette education tailored to Indian professionals, executives, and public figures.

    Backed by internationally recognised credentials — accredited by the prestigious Emily Post Institute in Vermont, USA, as a Business Etiquette Consultant and by the London Image Institute as a licensed Image Consultant — Bakshi returned to India with a singular mission: to build India’s first bespoke luxury finishing school.

    The Curriculum That Creates Crowned Professionals

    Savoir Faire Académie’s pageant-winner programme is not a charm school in the conventional sense. It is a structured, results-oriented coaching engagement that covers royal etiquette and protocol, business and social etiquette, signature style and colour analysis, personal branding and self-presentation, fine dining and event comportment, cross-cultural communication, and media interaction skills.

    What distinguishes Bakshi’s approach is its deeply personalised methodology. Sessions are designed around the individual — factoring in personality, lifestyle, career aspirations, and public responsibilities. Every titleholder walks away not just with etiquette knowledge, but with a distinct, internalised identity that holds up under the scrutiny of international stages, corporate environments, and media appearances.

    Recognition, Reach & Real Impact

    Savoir Faire Académie is located at the iconic Trident Hotel in Mumbai — itself a statement of premium positioning — and has trained professionals ranging from corporate leaders and entrepreneurs to royalty and public figures. Bakshi has also been appointed as Advisor to the Foundation for Health and Learning Empowerment (FHLE), where she leads youth empowerment and leadership development initiatives.

    Her thought leadership extends to print as well. Her book The Art of Savoir Faire: Social Skills & Professional Grace is considered an essential guide for professionals navigating the often-overlooked intersection of etiquette, personal branding, and social intelligence in a globalised world.

    Why Etiquette Training Matters for India’s Pageant Champions

    India has long celebrated its beauty queens — from Sushmita Sen and Aishwarya Rai to Priyanka Chopra and Harnaaz Sandhu — but the pathway from pageant podium to sustained professional excellence requires a layer of preparation that goes beyond rehearsed answers and runway walks. As India’s pageant ecosystem matures and its titleholders increasingly represent the country in diplomatic, corporate, and philanthropic spheres, the need for expert etiquette and image coaching has never been more pressing.

    Bakshi is not just filling a market gap — she is raising a standard. Her work demonstrates that the most powerful asset a pageant winner can carry is not a title, but the confidence, grace, and authentic presence to honour it long after the spotlight fades.

    ABOUT KONKANA BAKSHI

    Konkana Bakshi (born 1993) is the Founder and Director of Savoir Faire Académie, India’s premier luxury finishing school, established in Mumbai in 2013. The 32-year-old consultant and former Femina Miss India and winner of Miss Elegance World 2008, is accredited by the Emily Post Institute (USA) and the London Image Institute (UK). She is the author of The Art of Savoir Faire: Social Skills & Professional Grace and serves as Advisor to the Foundation for Health and Learning Empowerment (FHLE). She is based in Mumbai.

    MEDIA CONTACT: Savoir Faire Académie | Trident Hotel, Nariman Point, Mumbai
     Websitewww.savoirfaireacademie.in

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