Category: Business

Chennai (Tamil Nadu) [India], September 20: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), has successfully raised ₹84.99 crore via a Qualified Institutional Placement (QIP). The company issued 20.25 lakh equity shares, priced at ₹419.72 per share, inclusive of a premium of ₹409.72.

Fundraising Highlights:

• Number of shares allotted: 20,25,000 equity shares
• Face value: ₹10 per share
• Issue price: ₹419.72 per share (including a premium of ₹409.72)
• Discount: 5% to the floor price as per SEBI ICDR Regulations
• Total fund raised: ₹84.99 Cr

 Institutional Allottees Receiving More Than 5% of Total QIP Allotment :

• Astorne Capital VCC – Arven: 2,38,500 shares (11.78%)
• Vikasa India EIF I Fund – Incube Global Opportunities: 1,90,800 shares (9.42%)
• Astorne Capital VCC – Alpha A2: 1,43,100 shares (7.07%)
• Rajasthan Global Securities Pvt Ltd: 1,43,100 shares (7.07%)
• Dovetail India Fund – Class 8 Shares: 1,20,000 shares (5.93%)
• Moneywise Financial Services Pvt Ltd: 1,19,400 shares (5.90%)
• North Star Opportunities Fund VCC – Lighthouse Capital: 1,19,100 shares (5.88%)
• Beacon Stone Capital VCC – Beacon Stone I: 1,19,100 shares (5.88%)

The proceeds from the QIP will strengthen the company’s balance sheet, enhance financial flexibility, and support its strategic priorities. These include investing in advanced VFX technologies, expanding delivery capabilities, building creative talent, and pursuing growth opportunities in international markets. The company remains committed to consolidating its leadership in the global VFX industry by driving innovation, operational excellence, and long-term value creation.

Commenting on this, Mr. Balakrishnan, Managing Director & CEO of Basilic Fly Studio Limited said

“The successful completion of this QIP provides us with the financial strength to accelerate our global growth strategy. We are encouraged by the overwhelming response, particularly with 57% participation from foreign portfolio investors. With this support, we plan to strengthen our teams in London and Paris, while transitioning select roles to India to further enhance efficiency and margins. The proceeds will also enable us to expand our infrastructure, including render farms and advanced AI-driven technologies, positioning us to take on large-scale projects with global studios such as Netflix, Warner Brothers, Sony, and Paramount. The strong institutional participation reflects their confidence in our vision, execution capabilities, and commitment to long-term value creation.”

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New Delhi [India], September 20: Globe Civil Projects Limited, (NSE – GLOBECIVIL | BSE – 544424), is pleased to announce the receipt of a Letter of Intent valued at ₹13.11 Cr from Telecommunications Consultants India Limited (TCIL). The project involves the Construction of a Sports Complex and Supply, Erection, Testing & Commissioning of 11 KV HT Ring Main at the National Institute of Technology (NIT) Delhi Campus, on an EPC-II basis.

The latest contract highlights the continued confidence placed by institutions in the company’s execution capabilities. The addition of this project further strengthens the company’s order book and supports its presence in large-scale assignments across the country.

On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited said, “This order from TCIL reinforces the company’s reputation as a trusted partner in delivering complex EPC projects within the educational and institutional infrastructure segment. By adding a technically advanced and time-bound EPC project to its portfolio, the company not only expands its execution pipeline but also builds deeper engagement with government-linked clients such as TCIL. This aligns with the company’s strategy of securing high-quality, funded projects that enhance order book visibility, improve cash flow stability, and reinforce its reputation for delivering complex infrastructure solutions.

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New Delhi [India], September 20: In a remarkable confluence of Bollywood and spirituality, acclaimed author and filmmaker Vipin Agnihotri has announced a collaboration with His Holiness Giriraj Swami, a senior disciple of A.C. Bhaktivedanta Swami Prabhupada and an influential spiritual leader of the International Society for Krishna Consciousness (ISKCON).

The collaboration aims to bridge modern storytelling with timeless Vedic wisdom through a series of public dialogues, written works, and social initiatives. The first event under this initiative, titled Soulful Conversations: The Journey Within, will be held in Nagpur and will bring together thinkers, young leaders, and spiritual seekers from across India.

Vipin Agnihotri, whose work often focuses on social change and emotional well-being, said:

“This collaboration is a step towards helping the youth connect with ancient Indian wisdom in a language they understand. Giriraj Swami’s teachings bring clarity to today’s chaotic world.”

Giriraj Swami added:
“When literature and spirituality work together, they can become powerful instruments of change. I am pleased to support this effort that promotes inner growth and social harmony.”

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New Delhi [India], September 20: Back then, men’s fashion carried a consistent & predictable look without much variation. The case where there was a festive occasion the individual would wear a simple kurta, a suit if there was a very important function & on a wedding, the person would borrow something and wear it. Their main concern was how useful the clothing was. The only purpose the clothing served was “to do the job. Change over the last 20 years has been noticeable and more than years ago. It was during this period that men began caring more about their clothing, not only from the mandatory angle, but because they appreciated it. Individual grooming became more structured. The idea of fashion became more universal and was not only customized for women. Men now are more inquisitive. There is a common discourse on lookbooks and the latest fashion. The whole idea of a ‘tailor’ has evolved from an individual that focuses purely clothing to one that understands the latest trends on cuts. Men even engage in arguments to determine the best pastel color to wear for the Haldi ceremony. Today, fashion for men represents more than clothing, it reflects who they are and how they live. The shift is almost crystal clear even in ethnic and wedding attires. Previously, 90% of grooms had the same look; a traditional sherwani, complete with golden embroidery, a matching standard dupatta and of course, the same silhouette. Nowadays, men feel the need to have their wedding outfits match the wedding’s overall theme, their outfits should reflect a part of their personality& finally should be able to stand out at least to same level as the bride’s attire.

Almost every single piece of ‘ethnic wear’, along with tradition, is slowly finding it’s place in everyday wear, like festivals, office celebrations, casual family functions & even casual dinners.

Nawab Parker: A Brand with Purpose

At Nawab Parker, every piece of clothing is designed with today’s man in mind. The collections aren’t just about fabric and thread they’re about identity, confidence & comfort. Whether it’s a breathable cotton kurta for a casual family dinner or an intricately embroidered sherwani for a grand wedding, Nawab Parker ensures that men feel good in what they wear, not restricted by it.

The brand’s kurta pajamas strike the balance between classic and contemporary. A single kurta from Nawab Parker can be paired with a churidar for tradition, with denim for casual outings or with a Nehru jacket for a festive upgrade. This versatility is exactly what modern men are looking for.

Why Men Across India Choose Nawab Parker

Ask anyone who has shopped at Nawab Parker& you’ll hear the same points:

• Designs that stand out without losing cultural touch.

• Perfect fits made for today’s lifestyle.

• Premium quality fabrics that feel as good as they look.

• Affordable luxury making style accessible without compromise.

It’s no surprise that grooms, professionals & young men alike are turning to Nawab Parker when they want to look their best. From festive gatherings to once-in-a-lifetime occasions, the brand has become a trusted choice.

Ethnic Wear Made Accessible Everywhere

Another reason Nawab Parker is making waves is accessibility. Through nawabparker.com, the brand’s collections are available to customers across regions. Whether you’re shopping for a wedding in Jaipur, a Diwali party in Mumbai or a cultural event in Lucknow, Nawab Parker ensures that the same quality and design reach you with ease.

This digital presence has helped Nawab Parker grow beyond a local favorite into a name recognized and respected across India.

Looking to the Future

What makes Nawab Parker exciting is not just where it is today, but where it’s headed. The brand is constantly adding new designs, experimenting with styles & expanding its collections to keep up with the ever-evolving tastes of Indian men. At the same time, it remains rooted in supporting artisans and preserving traditional craftsmanship giving each garment cultural depth along with modern relevance.

So the next time you’re dressing for a festival, planning a wedding look, or simply wanting to upgrade your wardrobe, remember this: with Nawab Parker, you’re not just buying clothes you’re choosing confidence, culture & a brand that celebrates you at your best.

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Mumbai (Maharashtra) [India], September 19: A weak global market environment impacted LANXESS’ results in the second quarter of 2025. The specialty chemicals company achieved an EBITDA pre exceptionals of EUR 150 million, which is a 17.1 percent decline compared with the figure of EUR 181 million from the same quarter last year. Weaker demand in general was accompanied by lower sales volumes in all segments. The sale of the Urethane Systems business unit effective April 1, 2025, also contributed significantly to the decline in earnings. Second-quarter sales amounted to EUR 1.466 billion, down 12.6 percent on the prior-year figure of EUR 1.678 billion.

“The economic environment has deteriorated significantly again in recent months. Additionally, ongoing tariff discussions with the U.S. are causing considerable market uncertainty and exacerbating the situation for the European chemical industry. There is currently no improvement in sight for the economic situation,” says Matthias Zachert, CEO of LANXESS. “For us, this means continuing to focus fully on achieving the best possible positioning in the market, as well as in terms of costs, structures, and processes. When the economy picks up again, we will be ready and able to meet the additional demand much more efficiently and profitably.”

The EBITDA margin pre exceptionals was 10.2 percent in the second quarter, compared with 10.8 percent in the same period last year.

Due to the expected continued weak demand for the remainder of the year, LANXESS is adjusting its guidance for fiscal year 2025 and now anticipates an EBITDA pre exceptionals of between EUR 520 million and EUR 580 million. This includes a burden of EUR 10 million related to supply restrictions from a chlorine supplier. The Group had previously anticipated earnings of between EUR 600 million and EUR 650 million.

Further significant debt reduction through sale of Urethane Systems

On April 1, 2025, LANXESS sold its Urethane Systems business to Japan’s UBE Corporation, thereby divesting its last remaining polymer business. This transaction marked the final major step in the restructuring of the portfolio toward specialty chemicals.

The business unit’s contribution to earnings is no longer included in the quarterly figures. LANXESS used the proceeds from the sale to redeem the EUR 500 million benchmark bond that matured in May 2025. The proceeds from the sale reduced the company’s net financial debt by 18 percent from EUR 2.512 billion in the first quarter of 2025 to EUR 2.069 billion in the second quarter of 2025.

Despite the difficult market conditions, the company generated positive free cash flow of EUR 31 million in the second quarter.

Further optimization of the global production network

To actively counteract the global weakness in demand, LANXESS is further optimizing its global production network. The Group has already brought forward the closure of its hexane oxidation facility at the Krefeld-Uerdingen site to the end of the second quarter of 2025. LANXESS also plans to streamline its global network of aroma chemicals plants and shut down production at its Widnes site (UK) in the course of 2026. Due to high costs, the company can no longer operate the Widnes site competitively. At the El Dorado site (USA), LANXESS plans to increase efficiency of bromine production. These measures are expected to result in permanent annual savings of EUR 50 million from the end of 2027.

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Ahmedabad (Gujarat) [India], September 19: Informa Markets in India, the leading organiser of B2B exhibitions, today hosted an exclusive roundtable discussion in Hyatt Regency, Ahmedabad, as a precursor to the 11th edition of World of Concrete India 2025. The main event is scheduled to take place from 8th to 10th October 2025 at Bombay Exhibition Centre (BEC), Goregaon, Mumbai, bringing together over 250 exhibitors, 350+ brands, and 15,000+ industry professionals from across the construction and infrastructure value chain.

The roundtable witnessed the participation of distinguished leaders including Shri Amit Gupta, SBU Head, Jindal Panther TMT Rebars Ltd; Shri Ashutosh Rampal, Sale & Marketing Director, Jindal Cement Industries Pvt Ltd; Mr. Soham Panchal, Director, Neptune Industries Pvt Ltd; Mr. Nishant Patel, Director, BN Precast & Member PMAI, Precast Manufactures Association of India and Mr. Rajneesh Khattar, Senior Group Director, Informa Markets in India. These leaders shared their perspectives on market opportunities, sustainable practices, and the transformative role of innovation in driving growth.

India’s construction sector is on a strong growth trajectory, reinforced by robust demand, government-backed initiatives, and large-scale infrastructure projects. Valued at USD 1.04 trillion in 2024, the industry is projected to reach USD 1.21 trillion in 2025 and further expand to USD 2.13 trillion by 2030, growing at a CAGR of 12.1% between 2025 and 2030. Strong material demand is evident, with cement volumes up 9% in May 2025 and average bag prices rising 8%, reflecting both sustained construction activity and pricing pressures. Flagship initiatives such as the National Infrastructure Pipeline, along with transformative projects like the Mumbai–Ahmedabad High-Speed Rail and the Chennai–Bengaluru Expressway, are further driving the sector’s momentum and positioning India as one of the world’s fastest-growing construction markets.

Mr. Nishant Patel, Director, BN Precast & Member PMAI, Precast Manufactures Association of India, said “Precast concrete in India, once negligible in scale, is now witnessing exponential growth with production in Gujarat alone rising from just 200 cubic meters a day pre-Covid to over 10,000 cubic meters daily, excluding the vast informal sector that could take this figure to nearly 2 lakh cubic meters. The shift from conventional construction methods to precast has been driven by GST reforms, reduced cement tax rates, and the growing need for speed, quality, and cost efficiency amid rising labor shortages. With government mandates such as NHAI’s push for 25% precast use in infrastructure and adoption by major players like L&T and Tata Projects, the industry is projected to grow at over 200% in Gujarat and more than 500% nationwide, signaling a massive future for factory-made, high-quality, and sustainable construction solutions.”

Shri Ashutosh Rampal, Sale & Marketing Director, Jindal Cement Industries Pvt Ltd, said “India’s cement capacity stands at nearly 640 million tons annually, with demand at around 430–440 million tons, growing at a steady 5%. Current utilization levels of 60–65% indicate the need for stronger capex and government spending, especially in underutilized regions like East India. The industry is also expanding its capacity with a sharper focus on green cement such as GGBS, in line with India’s net-zero 2047 vision. Policy moves like GST rationalization and incentives for eco-friendly materials are expected to lower costs, accelerate infrastructure growth, and drive wider adoption of sustainable cement solutions.”

Shri Amit Gupta, SBU Head, Jindal Panther TMT Rebars, said “The steel industry, much like cement, is central to India’s infrastructure growth and is being shaped by policy support and fiscal reforms. GST rationalization has reduced working capital pressures, improved business transparency, and allowed traders and project developers to scale operations with higher efficiency. As demand for infrastructure and metro projects rises, policy support combined with industry expansion will ensure that steel and allied materials play a pivotal role in driving India’s long-term economic and manufacturing growth.”

Mr. Soham Panchal, Director, Neptune Industries Pvt Ltd, said “India’s construction industry is undergoing a rapid transformation from an unorganized sector to a technology-driven, organized ecosystem. Innovations such as precast, dry mix mortars, dry concrete, and artificial aggregates are revolutionizing speed, scale, and quality of construction. The dry mix mortar industry alone, currently valued at around ₹10,000 crore, is growing at a CAGR of 24% and is set for a decade of consistent growth. With increasing adoption of green materials like fly ash bricks, lightweight aggregates, and precast technologies, the sector is aligning with India’s sustainability goals and the vision of Atmanirbhar Bharat. These shifts not only enhance efficiency and quality but also significantly reduce pollution and environmental impact, paving the way for a greener, net-zero future.”

Mr. Yogesh Mudras, Managing Director, Informa Markets in India, said “The Ahmedabad roundtable highlighted both the opportunities and challenges within Gujarat’s construction ecosystem, with key discussions around precast technologies, sustainable concrete solutions, 3D printing, industrial flooring, and waterproofing innovations. Gujarat has consistently established itself as a frontrunner in infrastructure development and industrial expansion, making it an ideal location for such meaningful dialogues that pave the way for World of Concrete India 2025. At a national level, the construction market holds a pivotal position in India’s economy, contributing approximately 8% to the GDP, while the rising population is driving increasing demand for residential and commercial spaces. Together, these factors are strengthening continuous innovation in construction techniques and materials across the country.”

Speaking on the press gathering in Ahmedabad for WOC 2025, Mr Rajneesh Khattar, Sr. Group Director, Informa Markets in India said, “India is taking giant strides towards realising its’ full potential in construction sector and emerging as a Global Superpower in building infrastructure that’s resilient, inclusive and sustainable.  It’s India’s time to dream audaciously and am happy to share that our World of Concrete India Expo 2025 is in perfect synchronisation with it. Let us welcome the future today and make the best of our times.”

WoC India 2025 will serve as a premier platform spotlighting the “Comprehensive Concrete Review: A Complete Supply Chain” through a series of conferences, masterclasses, conclaves, and innovation showcases. The event will also witness strong international and institutional participation, featuring the German Pavilion along with exhibitors from Korea, China, the USA, and Spain, bringing global expertise and cutting-edge solutions to the Indian concrete industry. Further strengthening the platform, 1Lattice joins as the Knowledge Partner, while GRIHA supports the initiative, reinforcing the event’s focus on sustainability, innovation, and collaborative growth across the construction ecosystem.

This year the event will see participation from some of the most influential players such as Jindal Panther TMT Rebars Steel Ltd, JSW Cement, UltraTech Cement, Godrej Construction, Sika India, Normet Chemicals, Infra.Market, Vyara Tiles Ltd, Neptune Industries, Adani Cement, Natural Cemeco Pvt Ltd, Appollo Infratech Pvt Ltd, CHIR-AYU Controls Pvt Ltd, Sievert 20 Microns Building Materials Pvt Ltd, Vyara Tiles Pvt Ltd, Q-Green Techcon Pvt Ltd, Kemit Chemicals Pvt Ltd, to name a few showcase a wide spectrum of technologies, solutions, and innovations. The Expo will witness strong support from associations such as Precast Manufacturers Association of India, Builder Association of India, Ready Mix Concrete Manufacturers Association, Architect, Engineers & Surveyors Association, Global Cement & Concrete Association, Paver & Block Manufacturers Association, Ferrocement Society and Tamil Nadu Highways Contractors Federation.

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New Delhi [India], September 18: Ushering in the festive cheer, OPPO India announced the return of its biggest festive sale for customers in India: ‘Pay 0, Worry 0, Win ₹10 Lakh’. From 19^th September to 31^st October, customers can explore and avail exciting offers on OPPO devices, including the latest launches – the F31 Series and the Reno14 Series, across retail stores, the OPPO e-store, Flipkart, and Amazon. The OPPO festive sale offers shoppers a host of exclusive benefits, including zero down payment, interest-free EMIs, instant cashbacks, attractive exchange schemes and a chance to win latest OPPO devices along with cash prizes of ₹10 Lakh or ₹1 Lakh.

Commenting on the occasion, Goldee Patnaik, Head – PR and Communications, OPPO India, said, “With the onset of the festive season, we at OPPO are geared up to make it truly special and celebratory for our valued customers in India. Our users are at the heart of everything we do, and the Grand Festive Bonanza is a heartfelt gesture to thank them for their continued trust in the brand. Festive shopping is all about added value, and we have tailored our offers accordingly, with attractive deals, discounts, and exciting rewards. Our devices offer unmatched durability, advanced AI camera capabilities, and high-performance specifications across a range of price points to suit diverse consumer needs. The My OPPO Diwali Raffle is designed to bring even more joy through high-value rewards. We hope our efforts enable customers capture, share, and celebrate every festive moment with happiness.”

OPPO’S FESTIVE PROMISE: TECHNOLOGY THAT CELEBRATES WITH YOU

Aligned with its brand philosophy, ‘Make Your Moment’, OPPO continues to uphold its commitment to quality by delivering products that blend technological innovation with real-world durability. With convenient upgrade options and reliable service, OPPO enables customers to make the most of the festive season.

Pay 0, Worry 0, Win ₹10 Lakh*
(19th September 2025 – 31st October 2025)

Festive Offers on Smartphones

• F31 Series, Reno14 Series

  • Upto 8 Months of Zero Down Payment

  • Interest-Free EMIs

  • Upto 10% Exchange Bonus

  • Special Festive Starting Price (with applicable bank offers):

    • F31 Series: ₹20,700/-

    • Reno14 Series: ₹34,999/-

• All OPPO Mobile Phones

  • Low Down Payments

  • Lowest EMIs

  • Upto 10% Instant Cashback

Bank Card Benefits (EMI and Non-EMI Transactions)

• State Bank of India

• HDFC Bank

• Kotak Mahindra Bank

• IDFC First Bank

• Bank of Baroda

• Bajaj Finserv

• TVS Credit

• HDB Financial Services

My OPPO Exclusive Diwali Raffle

Customers purchasing OPPO mobile phones during the festive period can stand a chance to win exciting rewards, including:

• 10 Mega Winners: ₹10 Lakh cash prize

• Daily 1 Winner: ₹1 Lakh cash prize

• Exciting OPPO Products: Find X8, Reno14, OPPO F31 Pro, OPPO Enco Buds3 Pro

• 3 Months Extended Warranty

• 5000 Reward Points

T&C Apply

LATEST OPPO DEVICES AT THE HEART OF THE CELEBRATION

All-New OPPO F31 Series: Built for the Way India Celebrates

This festive season, elevate your smartphone experience with the all-new OPPO F31 Series featuring the F31 Pro+, F31 Pro, and F31. Crafted to complement the spirit of celebration, the series combines durable design to withstand festive spills and splashes, seamless performance to keep up with your busiest days, and vibrant color options that add a festive flair to every moment.

With powerful chipsets, Snapdragon 7 Gen 3 in the F31 Pro+ and MediaTek Dimensity 7300 Energy in the F31 Pro, paired with OPPO’s Dual Engine Smoothness System, it’s built to last through the most demanding days. Festive-ready design meets vibrant shades like Festive Pink, Gemstone Blue & Himalayan White (F31 Pro+), Desert Gold & Space Grey (F31 Pro) and Midnight Blue, Cloud Green & Bloom Red (F31).

With IP66, IP68, and IP69 ratings and protection against 18 common spills, the F31 Series is designed with a 360° Armour Body, MIL-STD-810H military-grade durability, and 72 months of guaranteed smooth performance. To keep things cool even during intense use, each model features an advanced cooling system with large vapour chambers and expanded graphite layers, maximized on the F31 Pro+ (5,219 mm²) for even greater thermal efficiency. The F31 Series also packs a massive 7,000mAh battery, 80W SUPERVOOC Flash Charging, and reverse & bypass charging, keeping you connected, whether it’s a night of pujas or morning video calls with family. The F31 Pro+ and F31 Pro feature a 50MP main camera with OIS, 2MP Monochrome camera and a 32MP selfie camera, while the F31 5G offers a 50MP rear camera, 2MP portrait camera and a 16MP front camera.

OPPO Reno14 Series: The best AI travel camera phone

The OPPO Reno14 Series, comprising Reno14 and Reno14 Pro, combines a powerful 50MP HyperTone camera system with a 3.5x telephoto lens, 4K HDR Video at 60fps across all lenses, and even an Underwater Photography Mode. It delivers a truly AI-first photography experience with the AI Editor 2.0 that includes features like AI Perfect Shot, AI Best Face, AI Recompose, AI Unblur, AI Reflection Remover, etc., ensuring professional-grade results with every shot. Built for style and strength, it features an aerospace-grade aluminium frame with IP66/68/69 ratings for water and dust protection. The Reno14 Pro can be purchased in Pearl White and Titanium Grey, while the Reno14 comes in Forest Green, Pearl White, and Mint Green color variants.

The series is powered by the MediaTek Dimensity 8450 (Reno14 Pro) and MediaTek Dimensity 8350 (Reno14). What makes the Reno14 Series a travel-ready accessory is its lightweight design and long-lasting batteries – 6000mAh on Reno14 and 6200mAh on Reno14 Pro – with 5-year durable battery health and 80W SUPERVOOC fast charging. With AI HyperBoost 2.0 and AI LinkBoost 3.0, the series delivers smooth performance and reliable connectivity whether you are navigating city streets or remote trails. The Reno14 Series doubles as a smart assistant with ColorOS 15 that supports features like AI Mind Space, AI VoiceScribe, AI Translate, Circle to Search, etc., making it the perfect companion for adventures, creativity, and productivity.

OPPO A Series: Engineered for everyday durability and performance

The A Series is designed to deliver reliable performance, everyday innovation, and premium features, now available at a festive special starting price of ₹8999/-. The lineup offers segment-leading durability with IP65, IP66, IP68, and IP69 ratings, military-grade toughness, and reinforced 360° Armour Body with Sponge Bionic Cushioning.

Powered by massive 6,000mAh battery, fast charging, and OPPO’s 5-Year Battery Health assurance, the A Series ensures lasting performance for work and entertainment. All models feature ultra-bright displays certified for 36-month fluency and come equipped with intelligent camera features such as Dual-View Video, AI Eraser 2.0, Reflection Remover, and Smart Image Matting 2.0. The range includes the stylish A5x, A5x 5G, the rugged A5 5G, and the ultra-tough A5 Pro 5G.

FLIPKART BIG BILLION DAYS 2025 SPECIALS

Also, as part of Flipkart Big Billion Days 2025, OPPO brings exclusive deals on the K Series, OPPO Enco Buds3 Pro, and OPPO Pad SE for customers. Running from 22^nd to 2^nd October 2025, these special offers are tailored to give customers added value during one of India’s most anticipated online shopping festivals.

The OPPO K Series combines style, performance, and rugged design. The OPPO K13x 5G, now available in Mist White (limited edition) and Breeze Blue, features SGS Gold Drop Certification, MIL-STD 810H durability, AM04 aerospace-grade alloy, Crystal Shield glass, Sponge Shock Absorption System, and IP65 protection. It offers a 120Hz HD+ display, 6,000mAh battery with 45W fast charging, and AI-powered cameras.

The OPPO K13 5G delivers flagship-level performance with a Snapdragon® 6 Gen 4 processor, 7,000mAh battery, 80W SUPERVOOC charging, 120Hz AMOLED display, and vapor chamber cooling. The K13 Turbo Series 5G, India’s only smartphone with a built-in cooling fan, is built for e-sports-level gaming with advanced thermal design and a 7,000mAh battery. The OPPO K Series is now available at its most attractive prices starting at just ₹9,999/- with No Cost EMI plans.

OPPO also brings you unbeatable deals on two of its most versatile devices, the OPPO Pad SE and the OPPO Enco Buds3 Pro. The Pad SE, a sleek and powerful tablet with an 11-inch Eye-Care Display, massive 9340mAh battery with 33W SUPERVOOC charging, quad speakers with Hi-Res certification, and AI-powered productivity tools including Google Gemini integration, is designed for seamless entertainment, learning, and work on the go, now available at an exciting starting price of just ₹9900.

Complementing it is the OPPO Enco Buds3 Pro, offering up to 54 hours of playback, TÜV-certified battery health, 12.4mm dynamic drivers for deep immersive sound, 47ms ultra-low latency for gaming, and IP55-rated durability, all at a special festive price of ₹1499/-.

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Mumbai (Maharashtra) [India], September 18: Veefin Solutions Limited (BSE: VEEFIN | 543931), Veefin Group through its subsidiary, has announced partnerships with over 15 leading fintech’s and enterprises to deliver next-generation digital lending and API infrastructure solutions. Among the standout names in this growing ecosystem are SimplyFI, Equence, and WhatsLoan – each bringing unique expertise to the table, driving innovation in lending, compliance, and fraud management that set new standards for innovation, compliance, and scalability in the digital-first economy.

These collaborations reinforce the Veefin Group’s vision of building the World’s Largest Working Capital Technology Ecosystem that empowers financial institutions, enterprises, and consumers through seamless, secure, and scalable digital journeys.

Transforming Lending with SimplyFI

SimplyFI has partnered with Veefin’s API business vertical to bring a next-generation lending experience to market. The integration of SimplyFI’s AI-powered Loan Origination System (LOS) and Loan Management System (LMS) with the Veefin Group’s API infrastructure enables lenders to launch and scale loan portfolios with intelligent underwriting, automated compliance, and seamless access to KYC, bureau, mandate, and disbursement APIs.

“This partnership sets a new benchmark for digital lending infrastructure by marrying the precision of AI agents with the power of plug-and-play APIs, designed for MSME, consumer, and loan-against property segments,” said Viswanadh Akella, Founder, SimplyFI.

Equence: Strengthening Fraud Risk and Compliance

Equence has joined hands with Veefin’s API business vertical to deliver a holistic API stack that unifies CPaaS, vendor analysis, and advanced fraud risk enablement. This collaboration allows businesses to simplify integration, strengthen compliance frameworks, and mitigate fraud risks while accelerating customer engagement.

“The combined stack ensures enterprises are equipped with scalable, secure, and future-ready APIs for the digital-first economy,” said Pushpendra Kumar, Founder, Equence.

WhatsLoan: Accelerating Financial Access for Consumers and Businesses 

WhatsLoan is among the first fintechs to leverage the RBI’s Unified Lending Interface (ULI) and Digilocker for both consumer and entity KYC, as well as access to digital land records. Through its NeoLending B2 platforms and Loan Marketplace across B2B and B2C levels, WhatsLoan is redefining financial access for diverse borrowers. Its partnership with the Veefin Group brings together WhatsLoan’s borrower-first approach with Veefin Group’s holistic API suite.

“At WhatsLoan, we believe in leveraging the best digital and data technology to create value for borrowers. Our partnership with Veefin Group’s API vertical sets a new standard in simplifying and accelerating the financial journey for farmers, businesses, and consumers alike. We look forward to doing more for the borrower with this collaboration,” said Timmana Gouda D, Founder & CEO, WhatsLoan.

A Growing Ecosystem of 15+ Partnerships 

With the signing of over 15 partnerships, Veefin’s API Business Vertical is rapidly becoming a cornerstone of the digital financial services ecosystem. The company’s vision to create an interconnected, AI-driven infrastructure for lending is fast becoming a reality.

Veefin’s infrastructure offers financial institutions and enterprises an unmatched ability to innovate, scale, and maintain compliance in an increasingly complex and digital-first world. This growing network of partnerships is a solidifies Veefin’s leadership and its ability to deliver transformative solutions that are shaping working capital industry.

Mr. Raja Debnath, Chairman & Managing Director of Veefin Solutions Limited, said: “What excites me most is how these partnerships bring different strengths together to solve real challenges in lending and working capital. It’s not just about technology, it’s about building a stronger, more inclusive financial ecosystem that works for institutions, businesses, and end borrowers alike.”

Mr. Gautam Udani, COO & Whole-Time Director, added: “We see this as the beginning of a much larger journey. By collaborating with some of the most innovative fintechs, we’re laying the foundation for an interconnected ecosystem where scale, compliance, and access go hand in hand. The real impact will be in how it simplifies finance for millions of users.”

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Hyderabad (Telangana) [India], September 18: Azad Engineering, a leader in precision engineering, marked another significant milestone today with the inauguration of its lean manufacturing facility designed to meet capacity commitments to Siemens Energy at Azad’s Centre of Excellence & Innovation Centre in Tunikibollaram, Hyderabad.

The 7,200 sq. mts. state-of-the-art facility was inaugurated by the following senior leadership from Siemens Energy: Mr. Andreas Schmidt, VP Procurement SE GS Central; Mr. Tim Kleinheyer, Head of Commodity Management GSC, Mr. Mudit Jain, Country Business Segment Manager, SE TI STG, Mr. Martin Pokorný, Head of Procurement SE TI STG P Bruno; Mr. Sascha Hass, Global Commodity Manager Mapa GSC; Mr. Marek Novotný, Commodity Manager TI STG, Mr. Amol Tyagi, Head of Procurement SE TI STG, Vadodara, Mr. Abhaysinh Raut, Regional Commodity Manager GS C, Mr. Uttam Shinde, Regional Supplier Quality Engineer along with Mr. PVS Raju, and Mr. Rakesh Chopdar, Chairman and CEO of Azad Engineering.

This lean manufacturing facility marks a major milestone for Azad Engineering. The collaboration between Azad and Siemens Energy commenced in 2012 with the supply of highly critical rotating airfoils for just two stages of SGT 400 machines. As the first challenge given by Siemens Energy, Azad successfully manufactured complex parts and received approval, marking the beginning of a trusted partnership. What began as a focused collaboration has now evolved into a comprehensive relationship encompassing the delivery of airfoils and critical machining parts to the entire Siemens Energy ecosystem, demonstrating a shared commitment to excellence.

Over the past 12+ years, Azad has undergone extensive qualification processes and technological advancement to become a trusted partner to Siemens Energy. The journey involved mastering complex manufacturing techniques, intensive audits, investing significantly in specialized equipment and skills development, and successfully navigating demanding quality assessments. Each component manufactured required precision tolerances measured in microns, a standard Azad Engineering consistently delivered, demonstrating the company’s commitment to the highest industry standards. Through continuous capability enhancement and vertical integration, Azad has established a strong track record of consistent quality delivery. This has built a foundation of trust that extends beyond technical excellence to include reliable performance under stringent timelines and specifications as well.

Today, Azad Engineering is also a key participant in Siemens Energy’s Lion’s Share program, making it an integral part of their global supply chain strategy.

Key highlights of the facility are that it currently employs over 150 direct skilled professionals and will scale up to around 230 skilled professionals by the end of the year, providing a strong foundation for current operations. It also features cutting-edge technology for high-precision components, and lean principles aimed at enhancing productivity, integrates with Azad’s Centre for Excellence and Innovation and strengthens India’s position in global manufacturing.

Speaking at the inauguration ceremony, Mr. Andreas Schmidt, VP Procurement SE GS Central said: “This opening today is a unique milestone in our collaboration between Azad Engineering and Siemens Energy. Today, here in Hyderabad two companies come stronger together than ever – and this is a perfect fit. The global energy market is growing, which means the baseline for our common business, our common growth is given and better than ever. It’s now up to us to build on what we achieved in the last 13 years and go together to the next level.

With Azad this is a highly engineered company with strong capabilities in multiple areas. A company with high professionals, technical expertise and a passionate leadership team and CEO. And as Siemens Energy we are a global leader in the energy market. We would like to thank you Azad Engineering for this investment, for this strong commitment. We call this not a classical customer – supplier relation, we call it strategic partnership.”

Addressing the gathering, Mr. Rakesh Chopdar, Chairman and CEO of Azad Engineering, said: “The inauguration of this exclusive lean manufacturing facility symbolizes the deep trust and collaboration we’ve built with Siemens Energy over the past 12+ years. From our initial partnership supplying airfoils for SGT 400 machines in 2012 to becoming an integral part of their Lion’s Share program, this journey reflects our shared commitment to engineering excellence and innovation. When Siemens Energy first challenged us with manufacturing these complex parts at the start, successfully delivering and receiving their approval marked the beginning of what has become a transformative relationship. Siemens Energy has been instrumental in helping us elevate our manufacturing capabilities, and this facility is a testament to their confidence in our abilities to deliver world-class precision components. This facility represents more than just our continued expansion. It’s about deepening a partnership that has been transformative for both organizations. With over 150 skilled professionals at this facility and plans to add several hundred more across all plants in Azad COE, we’re building a manufacturing ecosystem that consistently delivers micron-level precision for our global partners. This partnership exemplifies how Indian precision manufacturing has become integral to global supply chains, and we’re proud to contribute to Siemens Energy’s continued success worldwide.”

This marks the third dedicated manufacturing facility Azad has inaugurated in 2025, demonstrating the company’s rapid expansion to meet growing global demand.

The facility is part of Azad’s broader strategy to create dedicated manufacturing capacity for key global OEM partners across aerospace, defence, energy, and oil & gas sectors at its COE & Innovation centre.

This continued expansion reinforces Azad’s position as a key player in the precision manufacturing landscape.

About Azad Engineering:

Established in 2008 by visionary entrepreneur, Mr. Rakesh Chopdar, Azad stands at the forefront of global precision manufacturing, specialising in highly engineered, complex, mission- and life-critical components for the Aerospace & Defence, Energy, Oil & Gas and Industrial Technology sectors. The company is revolutionising the global precision manufacturing industry by leveraging cutting-edge technology and state-of-the-art infrastructure. With over 15 years of operational excellence, Azad serves as a trusted Tier 1 supplier to the world’s leading OEMs across 17 countries and has established a comprehensive ecosystem designed to effectively meet their ever-evolving needs. This holistic approach ensures the delivery of unparalleled quality and innovation while also fostering the long-term growth and sustainability of partnerships. By continuously pushing the boundaries of precision manufacturing, Azad is pioneering a new era of global engineering excellence.

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Mumbai (Maharashtra) [India], September 18:  When a family member is suddenly admitted to the hospital in the middle of the night, everything is chaotic, doctors are rushing around, various forms need to be filled out, and then there are the medications. And at that time, when a hospital staff member asks you about the health insurance, and you realise that it has expired and you forgot to renew it, that’s when you truly understand why it’s so important to renew your health insurance on time.

This happens quite often. Most people buy health insurance, feel relieved, and then forget about it until the renewal date comes around. But renewal isn’t just about paying the premium. So, you should follow these best practices when renewing your health insurance.

Why Renewal Can’t Be Ignored

If your mediclaim policy lapses, you don’t just lose coverage for a few days. You also lose no-claim bonuses, waiting period credits, and sometimes even end up paying higher premiums when you reapply. Basically, the insurer treats you like a brand-new customer. Imagine starting from scratch when you’ve already paid for years. This seems very painful, right?

So to avoid this, you can do some simple fixes like set reminders, mark the renewal date in your phone calendar. Some people even put sticky notes on their fridge and office desk. It sounds silly, but when money and health are at stake, reminders are your best friend.

Check If Your Coverage Still Makes Sense

Here’s a question most people don’t ask, Is my current health insurance coverage enough for today’s costs?

Take an example. Two years ago, ₹5 lakh might have covered most treatments in a small city. Today, in metros, even a heart surgery can cross ₹7 to 10 lakh easily. If you’re married now or have kids, the same plan might suddenly feel too small.

So, before you click renew, look at your family size, age, and health needs. Upgrading your coverage now will save you sleepless nights later.

Don’t Just Renew Blindly – Compare Plans

A mistake many people make is loyalty to their insurer. But insurers update their products every year. What was “the best health insurance plan” three years ago might be average today. So, before renewing your mediclaim policy, spend an evening comparing and looking for these:

• Spend an evening comparing. Look for:
• Premiums vs benefits
• Cashless hospital network size
• Add-ons included or excluded
• Claim settlement ratio

When someone checked the medical insurance that he takes for his parents, he found that another insurer is offering almost double the coverage for just ₹1,200 more. That’s like upgrading your phone plan, same price, but better features.

Add-ons That Can Actually Help

At renewal time, you can add riders. They sound boring, but they make a real difference. For example:

• Critical illness rider: Think of it as backup cash if something like cancer or heart disease strikes.
• Maternity cover: If you’re planning a family, this saves huge costs.
• Hospital cash: Covers those random expenses during a stay that insurance doesn’t usually touch.

These aren’t must-haves for everyone, but at least check. Sometimes a small addition makes your best health insurance plans much more helpful.

Hospitals and Claims Matter More Than You Think

When people buy health insurance plans for family, they all focus on premiums. “Oh, this plan is cheaper!” But what happens when they actually need it?

If your favourite hospital isn’t in the insurer’s network, cashless treatment won’t work. That means you’ll pay first and claim later, and this will be stressful during emergencies. Also, check the claim settlement ratio. A fancy plan is useless if claims keep getting rejected.

Sometimes, insurance companies quietly remove hospitals from their network without notifying policyholders. So, always keep an eye on your policy updates and check for any changes.

Premium Payments and Hidden Savings

Most people just pay monthly and forget it. But during renewal, see if the annual payment gives a discount or not. Some insurers even let you lock your premium for 2 to 3 years. Handy if you hate sudden price hikes.

And also don’t forget the tax angle. Under Section 80D, your health insurance premium cuts your taxable income. That’s like the government giving you a pat on the back for protecting your health.

Be Careful with Auto-Renewal

Yes, auto-renewal feels easy. But it can also trap you in an old policy that no longer fits your needs. Terms change, premiums creep up, and exclusions are added quietly. If you’re not checking, you’re basically paying blind.

Think of it like auto-renewing a gym membership you never use. Pointless. Always read the renewal notice carefully. A 10-minute read can save years of regret.

Final Thoughts

Renewing your health insurance isn’t just a chore. It’s a yearly opportunity to review your protection, upgrade where needed, and make sure your family is financially safe. Don’t let your mediclaim policy just roll over without thought. Compare health insurance plans, check hospitals, add riders if they fit your life, and make renewal a conscious choice.

Because at the end of the day, buying health insurance is about peace of mind. And peace of mind comes only when you know your plan will actually protect you when you need it most.

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