Category: Business

Mumbai (Maharashtra) [India], September 9: Cupid Limited (BSE – 530843, NSE – CUPID), – Cupid Limited today welcomed the landmark recommendations of the 56th GST Council meeting, which announced sweeping reductions in Goods & Services Tax (GST) rates across a wide range of essential and consumer-focused products, effective September 22, 2025.

The Council’s decisions, including reducing GST on key FMCG categories such as dairy products, chocolates, confectionery, juices, shampoos, soaps, hair oil, toothpaste, biscuits, and packaged foods, will significantly enhance affordability for the Indian consumer and accelerate the nation’s consumption growth story.

As Cupid Limited is actively expanding its presence in the FMCG sector alongside its Diagnostic Kits offerings, these reforms will lower input costs, improve product accessibility, and catalyze volume growth.

Cupid’s Hair and Body Oils, Face Wash, and IVD Diagnostic Kits will directly benefit from the GST rate reduction. This will also indirectly support the growth of Cupid’s wider FMCG portfolio in India, leading to stronger consumer offtake across its entire basket of products.

The GST changes reinforce the company’s strategic roadmap of expanding into pan-India retail markets, building a strong consumer brand, and capturing share in high-growth categories.

Commenting on the development, Mr. Aditya Kumar Halwasiya, Chairman & Managing Director, Cupid Limited, stated, “The GST reforms are a game-changer for the consumer economy. By lowering the tax burden on essential and aspirational FMCG products, the government has put more purchasing power directly in the hands of Indian households. For Cupid Limited, this means our products can reach a wider audience at more attractive price points, while ensuring sustainable growth for our FMCG and Diagnostics verticals. We see this as not only a win for companies like ours, but also a win for the India Growth Story – driving higher demand, wider reach, and inclusive prosperity.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Mumbai (Maharashtra) [India], September 8: At the CII’s Young Indians Financial Independence (YiFi) Summit 2025, Shri Gajendra Singh Shekhawat, Hon’ble Minister of Tourism & Culture, Government of India, emphasised India’s pivotal role in uplifting the global economy.

“Bharat today stands as the one shining star poised to uplift the global economy. In a world driven by connectivity, India offers the most affordable access to data and the internet, empowering innovation at the grassroots. Our people are not just the largest consumers—they are becoming the best paymasters. And with tourism contributing over 10% to global output, India’s rich heritage, culture, and experiences are set to make us a global tourism powerhouse. This is Bharat’s moment—to lead, to inspire, and to deliver growth that is inclusive, resilient, and future-ready,” said the Minister.

The YiFi Summit, initiated in Kolkata last year, has grown into a powerful national platform, showcasing the entrepreneurial energy and financial aspirations of India’s youth. The 2025 edition continued its mission with expanded participation, a strong focus on rural enterprise, and thought leadership from across the country.

Reinforcing the theme of inclusive progress, Mr. Tarang Khurana, National Chairman, Young Indians (Yi), shared:

“Today, we come together to celebrate more than just success; we celebrate passion, inclusion, and the unwavering spirit of entrepreneurship that is fueling Bharat’s rise. The presence of 15 inspiring rural entrepreneurs at this summit is a powerful reminder that sustainable progress begins at the grassroots. Their journeys reflect resilience, innovation, and the will to build solutions that matter.”

Underscoring the link between economic empowerment and youth leadership, Mr. Rishi Kumar Bagla, Chairman, CII Western Region and Chairman & Managing Director, BG Electricals & Electronics India Ltd., said:

“Through Young Indians, we’ve built one of the most vibrant youth networks in the country. The YiFi Summit is a powerful extension of this effort because financial independence is central to entrepreneurship. And financial literacy, access to credit, understanding new funding models—these are as important as the business idea itself.”

Mr. Pradeep Chenthilkumar, Joint Chair–Entrepreneurship, Young Indians (Yi), spoke about the evolving identity of the nation:

“India and Bharat together are shaping a new narrative, one where digital transformation, entrepreneurial spirit, and shared aspirations are rewriting the rules of progress. We are not just witnessing change; we are co-creating it. From resilience to reinvention, every story is a testament to the power of inspiration and the unstoppable rise of a new Bharat.”

The YiFi Summit 2025 stood as a testament to the power of youth-driven impact, with financial empowerment, grassroots innovation, and national ambition at its heart.

Dr. Atisha Keswani, Co-Chair, Young Indians – Mumbai Chapter

“YiFi has been an emotional journey from challenges to opportunities, from ideas to impact. As Co-Chair, I feel immense pride in how our team curated this summit with intent and integrity. YiFi is more than a milestone it’s a youth-led movement we’ll carry forward.”

Mr. Vaibhav Sachdev, Chair, Young Indians – Mumbai Chapter

“Hosting YiFi 2025 has been a moment of pride for the Mumbai chapter. Our team’s passion and perseverance turned a vision into reality, creating something truly meaningful for the city and the country. This summit is a symbol of what young leaders can achieve together.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi [India], September 8: When travellers search for the best hotels in Port Blair or the best hotels in Andaman, one name consistently shines—Mansha Hotels. With its two flagship properties, Mansha Regency and Mansha Palace, the brand has set new standards in hospitality across the Andaman Islands. From offering the best seafood in Port Blair to creating elegant spaces for events, Mansha Hotels has become the go-to destination for leisure and business travellers alike.

A New Benchmark for Hospitality in Port Blair

Mansha Hotels was founded with a vision to create spaces where world-class service meets the warmth of Andaman hospitality. Over the years, the group has grown into a brand that travellers associate with reliability, comfort, and an unforgettable guest experience.

Located in prime areas of Port Blair, both hotels provide the perfect base for tourists exploring local attractions such as the historic Cellular Jail, Corbyn’s Cove Beach, and vibrant marketplaces. Beyond accommodation, Mansha Hotels ensures that every guest experiences a lifestyle of luxury and ease.

Culinary Excellence: The Best Seafood in Andaman

One of the standout features that separates Mansha Hotels from other properties is its culinary offerings. Known for serving the best seafood in Port Blair and the best seafood in Andaman, Mansha Hotels’ restaurants have become destinations in themselves.

The chefs at Mansha pride themselves on celebrating the flavors of the sea. Guests can indulge in fresh lobster, crab, tuna, and sardines, alongside signature Andaman delicacies prepared with authenticity and innovation. Locally sourced ingredients ensure freshness, while global techniques give the dishes a unique flair. For food lovers, Mansha Hotels is more than a place to stay—it’s a gastronomic journey.

Banquets and Celebrations

Mansha Hotels also stands out for its event spaces, catering to weddings, conferences, and social gatherings. The introduction of Jalsa Banquet, designed to host large-scale events, has firmly established Mansha as a leader in event hospitality.

Whether it’s a destination wedding overlooking the sea or a corporate meeting in Port Blair, Mansha Hotels provides the perfect backdrop. The combination of elegant interiors, professional planning, and top-notch catering makes every celebration truly memorable.

Comfort Meets Luxury

When it comes to accommodation, Mansha Hotels ranks among the best hotels in Port Blair thanks to its carefully curated rooms and suites. The properties offer a seamless blend of modern design and comfort, with attention to small details that elevate the stay—plush bedding, curated dining menus, and personalized service.

At Mansha Regency, guests enjoy serene spaces complemented by exclusive facilities such as an in-house spa, available only for residents. Meanwhile, Mansha Palace captures grandeur, offering a more opulent experience in the heart of Port Blair.

Deeply Rooted in Community

Beyond luxury, Mansha Hotels takes pride in being a part of the Andaman community. The group actively supports local culture, employs local talent, and sources produce from regional suppliers. This connection enriches the guest experience, allowing travelers to immerse themselves in authentic Andaman culture while enjoying world-class services.

By hosting over 20 community events every month, Mansha Hotels has become a vibrant hub for locals and visitors, bridging the gap between global hospitality standards and island traditions.

Looking Ahead: Expansion to Havelock

As the demand for premium hospitality in the Andaman Islands grows, Mansha Hotels is preparing to expand its footprint to Havelock Island, one of the most sought-after destinations in the region. This expansion will bring Mansha’s signature hospitality and the best seafood in Andaman to a larger audience of travelers.

Why Mansha Hotels Are the Best Hotels in Port Blair

In a competitive landscape, Mansha Hotels has set itself apart through four core strengths:

•    Food: Serving the best seafood in Andaman, celebrated by both tourists and locals.

•    Service: Personalized, guest-first service that makes every visitor feel at home.

•    Ambience: Modern yet warm spaces, designed for comfort, relaxation, and celebration.

•    Location: Prime spots in Port Blair offering convenience without compromising tranquility.

This combination ensures that Mansha Hotels isn’t just one of the best hotels in Port Blair but also a benchmark for the best hotels in Andaman.

Recognition Beyond Port Blair

While Mansha Hotels continues to dominate the hospitality scene in Port Blair, its reputation extends across the islands and even beyond. For travelers exploring nearby destinations, it is frequently recommended as one of the best hotels in Sri Vijayapuram, showcasing the group’s growing recognition as a symbol of quality and trust across regions.

Experience Mansha Hotels

For travelers planning a visit to the Andamans, Mansha Hotels offers far more than just accommodation. It’s a promise of memorable stays, exquisite food, and experiences that linger long after departure. From savoring the best seafood in Port Blair to celebrating milestones in grand banquets, Mansha Hotels brings the essence of the islands to life.

Discover more and book your stay at www.manshahotels.com.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi [India], September 8: XLRI came together with the University of Paris-1 Pantheon Sorbonne, the University of Bordeaux, the UNESCO Chair at the University of Paris Nanterre, the Danish Consortium for Academic Craftsmanship (a Danish government accredited alliance of vocational and skill-based education institutions), and the International Institute of Education Consortium of Universities to announce a landmark multi-country collaboration across academic programs, executive education, and research activities.

The event was held on 6^th September 2025 at the India Habitat Center in New Delhi. The dignitaries from XLRI included Fr. Nelson A D’Silva, the Acting Director of XLRI’s Delhi-NCR Campus; Dr. Munish Thakur, Dean (Academics) of XLRI’s Delhi-NCR Campus; Fr. Alwyn Rodriguez, Administrator of XLRI’s Delhi-NCR Campus; and Dr. Santosh Sangem, Chairperson of International Relations and Collaborations. The dignitaries from the foreign universities included Dr. Eric Lamarque, Dean of IAE Paris Sorbonne Business School; Dr. Alberto Arubulu, Director of MBA programs and Assistant Director – International Office of IAE Bordeaux School of Management; Prof. Michael Christensen, Head of International Relations of IBC International Business School (a constituent member of the DCAC alliance); Dr. Jorge Cardoso, UNESCO Chain, University of Paris, Nanterre and Chancellor of the International Institute of Education Consortium of Universities (IIE Consortium); and Dr. Ashwani Goel, Director of the IIE Consortium. The dignitaries were welcomed, and they exchanged official documents related to the alliance.

Having recently achieved the landmark platinum jubilee of delivering excellence across academic programs, executive education, and research, XLRI looks forward to furthering its mission of developing industry-ready professionals who will be attuned towards achieving the greater good of the nation and the world. The collaborations with reputed global universities to offer meaningful, high-quality, unique program offerings at an affordable cost to Indian students and professionals are a key element in taking XLRI to even greater heights as we look ahead to our centennial. The emphasis of these collaborations is not to travel the beaten path, but to innovate and address the unique and dynamic needs of professionals, organizations and society in a rapidly growing India of the future.

The dignitaries underscored the significance of these collaborations towards promoting Indo-French ties in education, a key element of long-term relationships between the two countries, as repeatedly emphasized by the heads of state of both countries. These long-term collaborations seek to bring high-class education and a global experience through the design and delivery of industry-relevant learning experiences to Indian students and industry professionals. The ultimate goal of these collaborative initiatives is to make high-quality, affordable, industry-relevant, and unique learning experiences available to Indian students to enable them to contribute meaningfully to industry.

The collaboration discussions and activities have been in the works for nearly two years. These led to the identification and design of multiple industry-relevant specialization degrees that will be offered during 2025-26 as full-time and part-time academic programs in addition to executive education offerings.  Keeping in focus the long-term evolution of the alliance, further new specialization programs and executive education programs are being actively worked upon by the teams from the institutions. The institutions look forward to strengthening their collaboration across academic programs, research, faculty and student exchange, and executive education programs over the years and developing a highly effective ecosystem for encouraging activities designed to address the needs of modern professionals and organizations. In addition, the alliance partners are actively working with other university members of the IIE consortium to identify and design multi-country experiences to develop Indian students and professionals as global leaders of the future.

Speaking at the event, Fr. Nelson D’Silva, SJ, Acting Director, XLRI: Delhi-NCR campus, expressed his excitement at being amongst the few Indian institutions that are collaborating with Sorbonne, Bordeaux, DCAC, and the IIE Consortium. He was especially pleased with the collaboration with the Sorbonne, the erstwhile University of Paris, which is held in special regard by the Jesuit Community as being the alma mater of St. Francis Xavier and St. Ignatius Loyola, the founders of the Society of Jesus. He further suggested that the alliance and its functioning could become a blueprint for future initiatives by XLRI.  XLRI aims to become an institution of high global standing, especially considering its plans to become a multi-disciplinary deemed university.

Dr. Eric Lamarque, Dean of the Sorbonne Business School, expressed his excitement for the future of the collaboration and stated that he hopes for the current alliance to provide a framework that could help other reputed French institutions, as well as global members of the IIE Consortium, to collaborate with XLRI and with each other. This would, in his view, play a key role in strengthening and shaping the future of Indo-French academic collaboration, especially in management education and practice. He also expressed his appreciation to the teams of all the alliance members for their tireless efforts over the last two years to conceptualize and make progress towards the start of a fulfilling long-term collaboration that has the potential to make a meaningful impact on global society and industry.

Dr. Alberto Arubulu, Director of MBA programs at Bordeaux School of Management, expressed his delight at the establishment of the collaboration that was long in the making. He thanked the teams at XLRI, Bordeaux, and the IIE Consortium for their significant efforts over the past two years to bring this collaboration to fruition.

Representing the Danish Consortium for academic craftsmanship, Prof. Michael Christensen, Head of International Relations at IBC International Business College, expressed his excitement at the opportunity to collaborate with XLRI across its entrepreneurship programs, global programs, and the co-creation and delivery of meaningful business skills-based programs and program components that would uniquely address the needs of Indian management professionals and industry.

Dr. Jorge Cardoso, Chancellor of the IIE Consortium and the UNESCO Chair at University of Paris-Nanterre, expressed his excitement at witnessing the progress of the alliance and the massive efforts put in by Dr. Ashwani Goel and the teams of the member institutions in creating a first-of-its-kind, significant collaboration in Indian management education.

Fr. George Sebastian, Director of XLRI Jamshedpur, who could not be present for the event, conveyed his wishes and encouragement for the success of the collaborative efforts. He expressed his deep satisfaction and expectations for these initiatives to be successful and further XLRI’s vision of driving excellence and nurturing responsible global leaders who would contribute meaningfully towards the greater common good and a sustainable global future.

How do these Collaborations benefit Indian Students and Professionals

The collaborative offerings designed by XLRI, Sorbonne, Bordeaux, and the DCAC provide a unique opportunity to Indian students to gain a global experience with an unmatched rigor and learning experience that significantly enhances their capabilities as business professionals. By combining the strengths of these reputed institutions with highly accomplished faculty and industry connections, the programs offer unique opportunities to students to combine the fundamentals of management with advanced applications to specialized domains such as healthcare management, family business, digital business, and consulting.

The programs have been co-designed by the faculty of XLRI, Sorbonne, Bordeaux, and DCAC and will be jointly delivered. In addition to these specialized domains, we are in the process of designing more specialization domain programs that address the pressing needs of the Indian Economy and Industry. There is a growing requirement from Industry for management professionals with capabilities and knowledge in management as well as a much deeper understanding of and the ability to apply such knowledge in a holistic, integrated manner to their specific industry/domain. It is in this context that the program is uniquely designed with a blend of management curriculum and industry/domain-specific specializations rather than functional specializations. This allows the multi-disciplinary application of knowledge in management domains to a higher order, integrated application to specific industries. The addition of an experiential workshop component delivered by DCAC brings to the fore the integrated, practical application of learnings in the programs through its emphasis on intrapreneurship and the development of an entrepreneurial mindset.

Employers across Europe and internationally are familiar with Sorbonne and Bordeaux and recognize that these universities signal academic rigor, global competence, multilingual and multicultural exposure, and strong decision-making capabilities. Many graduates from the Sorbonne and Bordeaux have gone on to build their careers in multinational firms and international organizations after obtaining their degrees.

The “Diplôme national” degrees from accredited French public universities like Sorbonne and Bordeaux are official national degrees which are recognized by all EU/EEA countries in addition to most OECD and Commonwealth countries Recognized Qualification for Work Visas as meeting the academic qualification requirements for skilled workers visa categories (e.g., EU Blue Card, UK’s Skilled Worker visa, Canada’s Express Entry system).  These degrees are registered in most national databases, traceable and easily verifiable by embassies and immigration authorities and are exempt from additional validation in most EU visa systems. The Sorbonne and Bordeaux degrees score highly in the evaluation of qualifications across countries.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Ahmedabad (Gujarat) [India], September 5: HEC Infra Projects Limited (HEC, The Company), (NSE Code: HECPROJECT), – HEC Infra Projects Limited, one of the leading EPC player specializing in Electrical, Mechanical, and Instrumentation works, has further strengthened its portfolio with another order from Ahmedabad Municipal Corporation (AMC). The project has been awarded to HEC Infra Projects Limited in joint venture with Jay Bilnath Construction Co. This marks a continuation of the company’s trusted partnership with AMC, following repeat orders received in July and August 2025.

Project Details

• Amount: ₹21.70 Cr
• Scope of Work: Augmentation of the existing water distribution station and construction of a 5-lakh litre capacity Elevated Service Reservoir (ESR) on EPC basis, along with associated electro-mechanical works
• Location: Madhubag Water Distribution Station, Khadiya ward, Central Zone, Ahmedabad
• Client: Ahmedabad Municipal Corporation
• Execution Timeline: 36 months

The repeat order from AMC highlight HEC Infra Projects’ proven capabilities in delivering complex water infrastructure solutions and its strong execution track record. The company’s ability to secure consecutive projects demonstrates the confidence that civic authorities place in HEC Infra’s engineering expertise.

Looking ahead, the company plans to participate in similar opportunities with both government and private sector clients across multiple states, further enhancing its presence in the infrastructure domain. With a healthy order pipeline and growing demand for reliable urban infrastructure, HEC Infra Projects is well-positioned to capitalise on new growth avenues.

On the receipt of the orders, Mr. Gaurang Shah, Managing Director of HEC Infra Projects Limited said, “We are delighted to once again receive the trust of Ahmedabad Municipal Corporation through this new work order. Repeat orders of this nature reflect our consistent execution capabilities and strengthen our long-term relationship with AMC. This confidence also motivates us to continuously raise the bar in performance and reliability.

Our focus remains on timely delivery, safety, and quality, while also exploring similar opportunities across other regions. With a healthy order pipeline and growing demand for civic infrastructure, each project reaffirms our role in building resilient infrastructure that supports sustainable urban growth.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Mumbai (Maharashtra) [India], September 8: Nilachal Carbo Metalicks Limited (The Company, Nilachal) is engaged in the manufacturing of Low Ash Metallurgical (LAM) Coke for the ferro-alloy, foundry and steel industries, proposes to launch its Initial Public Offering on September 8, 2025, to raise ₹ 56.10 crore, with its shares to be listed on the BSE SME platform. The issue size is 66,00,000 equity shares with a face value of ₹ 10 each with a fixed price of ₹ 85 Per Share.

Equity Share Allocation

• Individual Investors – 31,36,000 equity shares
• Non-Institutional Investors – 31,32,800 equity shares
• Market Maker – 3,31,200 equity shares

The net proceeds from the IPO will be utilized for Funding Capital expenditure for installing One Coke Oven Plant for expansion of capacity, modernization of existing plant and for general corporate purposes. The issue will close on September 11, 2025.

The issue will be managed by Sun Capital Advisory Services Private Limited as the Lead Manager, with Kfin Technologies Limited acting as the Registrar to the issue.

Mr. Bibhu Datta Panda, Managing Director of Nilachal Carbo Metalicks Limited said, “Nilachal Carbo Metalicks Limited has steadily built its presence as a manufacturer of Low Ash Metallurgical Coke, catering to the ferro-alloy, foundry, and steel industries. Over time, we have expanded our production base across multiple locations, built operational expertise, and earned a reputation for consistent quality and timely delivery.

With extensive industry experience, a diversified product portfolio, and strategic proximity to major ports and industrial hubs, our business stands on strong fundamentals. The proposed public issue marks a significant milestone in our journey and reflects our commitment to further strengthening our capabilities.”

Mr. Ajesh Dalal, Managing Partner and Head – Merchant Banking of Sun Capital Advisory Services Private Limited said,

“The Company has built a consistent presence in the Low Ash Metallurgical Coke segment, supported by multiple facilities, in-house quality systems, and logistics strength. The Company has demonstrated operational discipline and long-standing relationships with ferro-alloy producers, which form the core demand base for its products.

The metallurgical coke industry is closely linked with the growth of the steel and ferro-alloy sectors in India, both of which are expected to benefit from rising infrastructure development, urbanization, and industrial expansion. With its established operations and proximity to key industrial hubs, Nilachal is well aligned with these sectoral trends.

The proposed public issue marks an important step in the Company’s journey, strengthening its ability to serve industry requirements in a sector integral to the steel value chain.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Mumbai (Maharashtra) [India], September 8: Airfloa Rail Technology Limited (Airfloa, The Company) is engaged in the manufacturing of components for rolling stock used by Indian Railways, proposes to open its Initial Public Offering on Sept 11, 2025, aiming to raise ₹ 91.10 Crores (at upper price band) with shares to be listed on the BSE SME platform.

The issue size is 65,07,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 133 – ₹ 140 Per Share.

Equity Share Allocation

• Anchor Portion – Up To 18,52,000 Equity Shares
• Qualified Institutional Buyer – Up To 12,35,000 Equity Shares
• Non-Institutional Investors – Not less than 9,30,000 Equity Shares
• Individual Investors – Not less than 21,64,000 Equity Shares
• Market Maker – Up to 3,26,000 Equity Shares

The net proceeds from the IPO will be utilized towards Capital expenditure towards the purchase of machinery and equipment, Repayment of a portion of certain outstanding borrowing availed by our company, funding working capital requirements, and general corporate purposes. The anchor portion will open on Wednesday, Sept 10, 2025, and the issue will close on Monday, Sept 15, 2025.

The Book Running Lead Manager to the Issue is GYR Capital Advisors Private Limited, and the Registrar is KFIN Technologies Limited.

Mr. Venkatesan Dakshinamoorthy, Chairman & Managing Director of Airfloa Rail Technology Limited, expressed, “With a strong foundation built over two decades and a robust order book of ₹37,588.65 lakhs, Airfloa Rail Technology is poised to embark on its next phase of growth through this Initial Public Offering. Our presence across Indian Railways, aerospace, and defence sectors, combined with our focus on integrated manufacturing, turnkey execution, and high-margin product mix, has enabled us to consistently deliver strong results — with FY25 revenue from operations of ₹19,238.70  lakhs, an EBITDA margin of 24.61%, and a PAT margin of 13.28%.

The IPO proceeds will further strengthen our manufacturing infrastructure, enhance capacity utilization, support working capital requirements, and improve financial stability. With strong government initiatives, robust infrastructure investments, and rising demand for advanced train interiors and rolling stock, coupled with the significant growth potential in India’s aerospace and defence markets, we are well-positioned to diversify our revenue base, leverage our engineering expertise, and accelerate our growth trajectory. We remain committed to delivering long-term value for all stakeholders.”

Mr. Mohit Baid, Director of GYR Capital Advisors Private Limited, said, “The Indian railway and rolling stock industry is witnessing an unprecedented capex cycle, with over ₹11.43 lakh crore of planned investments under NIP till FY25 and a strong policy focus on modernisation, electrification, and Make in India initiatives. Airfloa Rail Technology, with its robust order book of ₹37,588.65 lakhs, presence across railways, aerospace, and defence, and integrated manufacturing capabilities, is strategically positioned to benefit from this growth cycle.

The company’s strong financial performance — 61.26% revenue growth in FY25, EBITDA margin of 24.61%, and PAT margin of 13.28% — compares favorably with listed peers like Jupiter Wagons and Titagarh Rail Systems, reflecting superior profitability and return ratios (RoE: 30.64%, RoCE: 26.28%). The IPO valuation offers investors an opportunity to participate in a company with scalable operations, proven execution capabilities, and exposure to multiple high-growth sectors.

We believe Airfloa Rail Technology is well-placed to deliver sustained growth and value creation for its shareholders as it transitions towards becoming a full-fledged rolling stock solutions provider.”

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

New Delhi, [India], September 6: On 20th August 2025, Lok Sabha cleared the Promotion and Regulation of Online Gaming Bill, 2025, aimed at banning real-money online games in light of rising concerns around gambling addiction, money laundering, and financial fraud. The bill sets a progressive framework that prohibits harmful money-gaming services.

Under the Online Gaming Bill, E-sports are recognized as a legitimate competitive sport and seeks promote its growth through guidelines for event organization, establishment of training academies and research centers, incentive schemes for innovation, and integration of esports into broader sporting policies.

Colab Platforms, India’s Leading Tech, Sports and Gaming Company welcomes the government of India’s recent move to recognize and promote E-sports as well as social gaming. This marks a transformative shift in the nation’s digital gaming and sports landscape. This progressive decision emphasizes the distinction between E-sports and other money gaming, creating opportunities for a healthier, more sustainable digital ecosystem.

At Colab Platforms, our vision resonates deeply with this landmark step. As pioneers in integrating technology with sports management and gaming, our mission is to provide platform that empowers gamers to showcase their skills, gain recognition, and participate in structured tournaments that highlight talent and competitiveness rather than monetary stakes.

“E-sports is more than entertainment – it is a career pathway, a platform for discipline, and a bridge to global recognition for India’s youth. We welcome the Government’s forward-thinking decision and are proud to align our initiatives with this vision,” said Mr. Puneet Singh, Managing Director of Colab Platforms Limited.

E-sports is expected to contribute Rs.1100+ crore to India’s economy by 2025, with over 1.5 million esports athletes and growing. As India readies itself for the global esports spotlight, Esports has rapidly evolved from niche subculture to a billion-dollar global industry. In 2024, the global Esports market surpassed $1.7 billion, with projections of reaching over $6 billion by 2030. With its inclusion in events like the Asian Games and discussions around Olympic recognition, esports is no longer just entertainment—it’s a sport of the future.

By formally recognizing esports as a legitimate competitive sport and creating structured pathways for its growth, the Promotion and Regulation of Online Gaming Bill, 2025 positions India to harness this momentum and emerge as a global powerhouse in the esports arena.

About Colab Platforms Ltd.:

Colab Platforms Limited is listed on the Bombay Stock Exchange. The company has been delivering innovative technological solutions across various sectors, leveraging its expertise in advanced technologies to drive growth and enhance user experiences. Colab Platforms Limited is dedicated to providing customized, technology-based processing solutions that help clients achieve their objectives and exceed expectations. Recognizing India’s rapid emergence as a global technology hub, Colab Platforms harnesses the nation’s diverse and talented professionals to contribute significantly to the development of the professional community. For more information about Colab Platforms Limited and our services, please visit our website at www.colabplatforms.com or our social handles.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Mumbai (Maharashtra) [India], September 5: Bvlgari, the Roman High Jeweler, is set to debut Serpenti Infinito in Mumbai, India, marking the third edition of the exhibition after Shanghai and Seoul, continuing its celebration of the Year of the Snake. In a first for India, the Maison will unveil a groundbreaking,  multi-sensory showcase at the Art House, Nita Mukesh Ambani Cultural Centre, BKC, Mumbai,  from October 1–17, 2025. The immersive exhibition will explore the creative influence and cultural significance of Bvlgari’s most iconic symbol—the Serpenti—featuring historic jewelry alongside works of leading Indian and international artists.

Since 1948, Serpenti has become a universal symbol transcending space, time and culture. Its metamorphic nature offers endless inspiration for creative production, making it a symbol in perpetual conversation with cultural and artistic worlds.

Curated by Nature Morte, one of India’s leading galleries founded by Peter Nagy and Aparajita Jain,  the exhibition has been envisioned by Artistic Director Sean Anderson. Serpenti Infinito will present the symbology of the serpent as a dialogue between mythology, craft, culture and technology.  Structured around a three-part narrative that stretches from the historic and contemporary to the transformative, it will provide visitors with interpretations of the serpent’s significance across diverse artistic forms and practices.

Alongside artworks in various mediums, the exhibition features a curation from Bvlgari’s Serpenti  Heritage collection, High Jewelry creations, timepieces and masterworks from the archives—  showcasing the Maison’s unparalleled craftsmanship and iconic designs. Building on the ways artists have long embraced the snake—or Nāga—as a figure of immense power and infinite truths,  the exhibition unites a range of historic and contemporary jewelry with artworks to highlight Bvlgari’s enduring role as a catalyst for a cross-cultural and human exchange in the world today. This convergence will offer a powerful platform to explore shared legacies across ancient civilisations and decode the Serpenti from design signature to universal iconography.

“India has always been a profound source of inspiration for Bvlgari, thanks to its rich history,  exceptional craftsmanship, and deep cultural heritage,” says Jean-Christophe Babin, CEO of  Bvlgari. “The decision to bring Serpenti Infinito to Mumbai is more than just a launch; it’s a meaningful celebration of the dialogue between our timeless Roman roots and India’s vibrant artistic traditions. This journey not only reinforces Serpenti as an emblematic symbol of Bvlgari’s identity but also elevates it as a universal icon of continuous reinvention, creativity, and enduring elegance.

“Organising Serpenti Infinito in India has been an extraordinary opportunity to bring together diverse artistic voices in dialogue with one of the most enduring symbols in global design history,”  says Aparajita Jain, Co-Director of Nature Morte. “The exhibition presents a rich tapestry of  perspectives: traditional and contemporary, Indian and international, that together honor the spirit  of Bvlgari’s Serpenti Collection while reimagining it for a new context.”

About Bvlgari

Part of the LVMH Group, Bvlgari was founded in the heart of Rome in 1884. Over the decades,  the Brand has established a worldwide reputation as a magnificent Roman High Jeweller and icon of Italian art of living, thanks to its exquisite craftsmanship, visionary design, and audacious colour combinations. Through a pioneering vision intrinsic in the brand’s DNA since its founding,  the company’s international success has evolved into a global and diversified luxury purveyor of products and services, ranging from fine jewels and high-end watches to accessories and perfumes,  and featuring an extended network of boutiques and hotels in the world’s most exclusive shopping areas. Demonstrated through its numerous philanthropic partnerships, Bvlgari deeply believes in innovating the present for a sustainable future through its commitment to Social & Environmental  Responsibility and giving back to nature and to the community. In 2024, the Maison announced the creation of Fondazione Bvlgari, reinforcing its devotion to building a meaningful tomorrow through care, generosity, and long-term dedication.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Kolkata (West Bengal) [India], September 5: P.C. Chandra Jewellers, one of India’s most trusted jewellery brands with over 85 years of legacy and a network of more than 70 showrooms across the country, proudly announces the launch of its latest collection – Swarnaraga.

Inspired by the enchanting rhythm of life and the vibrant hues of celebration, Swarnaraga is an ode to joy, creation, and festivity. Each piece in this exquisite collection is intricately designed with the timeless artistry of meena kari work, bringing together tradition and contemporary elegance.

The Swarnaraga collection embodies more than jewellery—it tells stories. Stories of moments that shimmer with happiness, melodies that echo life’s magic, and colours that capture the spirit of togetherness. With every ornament, P.C. Chandra Jewellers invites you to embrace the beauty of life’s celebrations and make them eternal.

Commenting on the launch, Shri Uday Kumar Chandra, Managing Director of P.C. Chandra Jewellers, said, “At P.C. Chandra Jewellers, every collection is a reflection of our heritage and craftsmanship. With Swarnaraga, we celebrate not just jewellery, but the very essence of festivity, music, and colour that enriches our lives. We are delighted to present this collection to our patrons as part of our continued journey of trust, excellence, and innovation.”

The collection will be available from 5th September 2025 at all P.C. Chandra Jewellers showrooms across India.

About P.C. Chandra Jewellers

Founded in 1939, P.C. Chandra Jewellers has grown to become one of India’s most admired jewellery brands. With a reputation built on trust, transparency, and craftsmanship, the brand has continually redefined elegance and tradition for over eight decades. Today, with more than 70 showrooms across the country, P.C. Chandra Jewellers continues to craft jewellery that resonates with every generation.

For more details, visit our website: www.pcchandraindia.com

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.