Category: Business

Mumbai (Maharashtra) [India], August 18: Following the landmark success of its inaugural edition, the Inter Passenger Terminal Show (IPTS) returns with a bold new identity as Airport360 Expo, reflecting its expanded vision to cover the full spectrum of airport innovation. Scheduled for April 15–16, 2026, at the Bombay Exhibition Centre, Mumbai, Airport360 Expo will serve as a dynamic convergence point for terminal design, MRO, ground handling, sustainability, passenger experience, and airside logistics making it India’s most comprehensive airport innovation platform.

Organised by Media Fusion, the event will build on the momentum of IPTS 2025, which brought together over 2,200 attendees, 62 exhibitors from 10 countries, and more than 50 industry leaders, including key voices from Digi Yatra, Dubai Airports, Navi Mumbai International Airport, MIAL, Malaysia Airport, Vietnam Airport and several other influential organisations. This edition promises deeper dialogues, broader solution showcases, and more actionable outcomes aligned with India’s rapidly evolving aviation goals.

“With the transformation of IPTS into Airport360 Expo, we are acknowledging a critical shift, from viewing airport terminals in isolation to understanding them as connected ecosystems where design, operations, technology, and passenger experience must work in tandem,” said Taher Patrawala, Managing Director, Media Fusion. “Airport360 will be the platform where aviation stakeholders co-create solutions that are not only future-proof but tailored to India’s high-growth context.”

India is on track to become the world’s third-largest air travel market, with over 160 million domestic passengers flown in FY24, reflecting a 6.1% YoY rise. The government has committed ₹98,000 crore toward aviation infrastructure by 2027, including 21 greenfield airports and modernization of over 100 terminals. While this infrastructure boom is historic, it demands equally advanced strategies for terminal efficiency, sustainable operations, and seamless passenger journeys. With over 50 new airports under development and flight movements projected to cross 2 million annually by 2035, Airport360 Expo ensures that every component of India’s aviation chain has a seat at the table.

Through its integrated trade show and conference model, the event will drive the conversation around the next phase of airport transformation by doubling down on integrated solutions that encompass smart terminal design with biometric integration, AI-powered passenger flow, predictive maintenance, ground handling automation, and smart apron logistics. It will also spotlight critical enablers such as cybersecurity frameworks, real-time data analytics, sustainable infrastructure, and zero-emission strategies. Expanding its scope further, the platform will introduce timely focus areas including airport retail innovation, multi-modal transport integration, and resilient workforce planning, addressing both domestic challenges and global shifts in airport operations.

India’s Aviation Sector at an Inflection Point

While the sector has seen immense growth, challenges persist. Nearly 85% of India’s MRO services remain outsourced, even as the local market is set to touch USD 4 billion by 2031. Meanwhile, 25% of flight delays stem from ground handling inefficiencies and terminal-level disruptions underscoring the urgency for smart coordination, digitized workflows, and tech-enabled airport ecosystems.

Airport360 is designed to address these gaps head-on by uniting aviation authorities, airlines, OEMs, system integrators, tech firms, consultants, and regulatory leaders to shape scalable, impactful strategies.

“In an era where aviation is being redefined by climate goals, digital mandates, and unprecedented passenger growth, Airport360 Expo will serve as the strategic blueprint for building intelligent, inclusive, and operationally resilient airports,” said Joseph G Patil, IRS (Customs & Indirect Taxes), Joint Director- Directorate General of Tax payer Services.

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New Delhi [India], August 18: AVG Logistics Limited, (BSE – 543910, NSE – AVG), a leading multimodal logistics solutions provider, has announced its unaudited financial results for Q1 FY26.

Consolidated Key Financial Highlights 

• Revenue from Operations: ₹125.02 Cr, YoY growth of 1.7%
• EBITDA: ₹24.28 Cr, YoY growth of 2.8%
• EBITDA Margin: 19.42%, YoY expansion of 20 bps
• Profit Before Tax: ₹7.00 Cr, YoY growth of 5.7%
• Profit Before Tax Margin: 5.60%, expansion of 21 bps

Commenting on financial performance, Mr. Sanjay Gupta Managing Director & CEO, AVG Logistics Limited said, “Q1 FY26 has marked a promising start to the fiscal year with the strategic wins that reflect our long-term commitment to innovation, efficiency, and sustainability.

Our successful commercial deployment of India’s first 55-ton electric trucks at Tata Steel reflects our commitment to pioneering sustainable logistics. Our six-year rail lease agreement with Indian Railways enhances multimodal connectivity, opening new corridors to the Northeast and adding long-term revenue visibility. The ₹112 Cr funding secured from PSU banks reinforces market confidence and supports our planned expansion across FTL, cold chain, and green fleets.

We look forward to executing these initiatives with precision while exploring new opportunities that further enhance shareholder and customer value.”

Key Highlights of Q1 FY26

Debt Facilities Secured for FY26 Capex Expansion	Received debt funding approvals of up to ₹112 Cr from two prominent PSU banks to support capex in FY26 for asset procurement across Full Truck Load (FTL), cold chain, and green fleets (EV & LNG), with an estimated annualized revenue potential of ₹100 Cr beginning FY27.
Long-Term Rail Lease Contract with Indian Railways	Secured a 6-year lease contract for operating a Parcel Cargo Express Train (PCET) from Indian Railways (Northeast Frontier) connecting Agartala/Guwahati with Delhi/Ludhiana. The contract covers 313 trips, expected to generate ~₹198 Cr and boost multimodal access to Northeast India.
Inauguration of Electric Vehicles at Tata Steel	The Company became the first in India to commercially deploy 55-ton electric trucks from Tata Motors at Tata Steel’s premises for intra-plant and short-haul deliveries, advancing our green logistics strategy and supporting Tata Steel’s carbon reduction goals.

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Chennai (Tamil Nadu) [India], August 18: Supreme Power Equipment Limited (NSE – SUPREMEPWR), one of the leading players in the power and distribution transformer manufacturing industry, announced its Unaudited Financial Results for Q1 FY26.

Key Financial Highlights

Q1 FY26

• Total Income of ₹ 35.18 Cr, YoY growth of 27.80 %
• EBITDA of ₹ 6.73 Cr, YoY growth of 15.92 %
• Net Profit of ₹ 4.45 Cr, YoY growth of 31.05 %
• EPS of ₹ 1.78, YoY growth of 30.88 %

Commenting on the performance, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, “We are pleased to report that Q1 FY26 has begun on a strong note, with significant order wins and entry into new markets reflecting the growing reach of our brand. This quarter saw our first-ever and largest single-value order in company history from NLC India Limited, along with repeat orders from TNPDCL, reinforcing our position as a trusted supplier to leading utilities.

Our foray into Karnataka through KPTCL marks a key milestone in geographic diversification, while multiple renewable energy project orders demonstrate our increasing presence in high-growth segments. In addition, the proposed ₹21.07 Cr fundraise will be strategically deployed towards capacity expansion, technology upgrades, and infrastructure development, strengthening our foundation for future growth.

Our current consolidated order book stands at around ₹198.12 Cr, providing healthy visibility for the quarters ahead. With robust demand from utilities and renewable energy players, we remain confident of sustaining our growth trajectory in FY26 while creating long-term value for all stakeholders.”

Key Operational Highlights

Major Order Wins	• Secured ₹60.90 Cr first-ever order from NLC India Limited for inverter duty (solar) transformers, the largest in company history, with a six-month execution timeline. • Won two repeat orders from TNPDCL worth ₹16.05 Cr for distribution transformers ranging from 16 kVA/11 kV to 200 kVA/22 kV, with delivery timelines of four and eighteen months. • Danya Electric Company, 90% owned by SPEL, secured a ₹4.71 Cr order for 16 kVA/11 kV distribution transformers.
Entry into New Market	• Bagged first order in Karnataka worth ₹8.80 Cr from KPTCL Projects for four 20 MVA, 66/11 kV power transformers, to be delivered in approximately five months.
Orders for Renewable Projects	• Secured ₹16.12 Cr orders from a renewable power project company for inverter duty transformers (1,250–6,000 kVA/33 kV) and two 55 MVA, 110/33 kV power transformers, with four-month delivery timelines.
Fundraise to Support Growth	• Proposed ₹21.07 Cr capital infusion via preferential allotment of 12,47,000 fully convertible warrants at ₹169 each, with allotments to promoter Vee Rajmohan (36%) and non-promoter investors (64%). • Funds to be deployed for machinery purchase, software systems, civil infrastructure development, and general corporate purposes.

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Mohali (Punjab) [India], August 18: Active Clothing Co limited, (BSE – 541144), India’s one of the leading ‘design-to-shelf’ platform, specializing in flat-knitted sweaters, jackets, and circular-knitted apparel for global fashion brands, has announced its Unaudited Q1 FY26 Financial results

Key Financial Highlights

Q1 FY26

Total Income of ₹ 64.46 Cr, YoY growth of 38.54 %

EBITDA of ₹ 6.96 Cr, YoY growth of 22.86 %

PAT of ₹ 2.13 Cr, YoY growth of 75.97 %

Diluted EPS of ₹ 1.37, YoY growth of 75.64%

Commenting on the Financial performance Mr. Rajesh Mehra Managing Director, of Active Clothing Co Limited said, “We are pleased to begin FY26 on a strong note, with robust growth in both revenue and profitability in Q1. This performance reflects the strength of our integrated ‘design-to-shelf’ model, which continues to resonate with our global fashion brand partners.

Our investments in design innovation, advanced manufacturing, and sustainable practices are enabling us to deliver high-quality products with speed and precision, while responding swiftly to evolving market trends. The quarter’s growth was driven by healthy demand in flat-knitted sweaters, jackets, and circular-knitted apparel, alongside operational efficiencies across our value chain.

Looking ahead, we remain focused on deepening customer relationships, expanding our product portfolio, and leveraging technology to enhance agility and scalability. With a solid foundation in place, we are confident in sustaining this growth momentum and creating long-term value for our stakeholders.”

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Chennai (Tamil Nadu) [India], August 18: Khazanchi Jewellers Limited (BSE: 543953), one of the leading Indian jewellery companies specializing in gold, diamonds, precious stones, and bullion items has announced its unaudited Financial Results for Q1 FY26.

Key Financial Highlights

Total Income of ₹ 403.84 Cr, YoY growth of 5.94%

EBITDA of ₹ 21.15 Cr, YoY growth of 57.07%

EBITDA Margin of 5.24%, YoY growth of 170 Bps

PAT of ₹ 15.15 Cr, YoY growth of 64.73%

PAT Margin of 3.75%, YoY growth of 134 Bps

Diluted EPS (₹) of ₹ 6.12, YoY growth of 64.52%

Commenting on the financial performance Mr. Rajesh Mehta, Chairman & Joint Managing Director, Khazanchi Jewellers Limited said, “We are delighted to begin FY26 on a strong note, delivering a 65% YoY growth in PAT during Q1. This improvement was underpinned by festive and wedding demand, record-high gold prices, and a shift towards lighter yet high-value designs driving consumer interest. Leveraging our strong presence in Southern India, trusted brand reputation, and curated product mix, we were able to capture value-driven demand, supported by our focus on hallmarked purity, transparent pricing, and agile inventory management ensuring robust sales momentum.

Coupled with industry tailwinds such as festive demand, evolving consumer preferences, and government reforms to enhance transparency and affordability, these factors, along with our expanding retail footprint and operational agility, place us in a strong position to sustain growth and deliver long-term value for our stakeholders.”

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Mumbai (Maharashtra) [India], August 18: LGT Business Connextions Limited (The Company, LGT Business) specializes in offering integrated travel solutions by aggregating services from third-party hotels, airlines and visa agents, directly or through leading aggregators, proposes to open its Initial Public Offering on August 19, 2025, aiming to raise ₹ 28.09 Crores with shares to be listed on the BSE SME Platform.

The issue size is 26,25,600 equity shares with a face value of ₹ 10 each with an IPO price of ₹ 107 Per Share.

Equity Share Allocation

Non-Institutional Investors – 12,46,800 Equity Shares

Individual Investors – 12,46,800 Equity Shares

Market Maker – 1,32,000 Equity Shares

The net proceeds from the IPO will be utilized for capital expenditure, working capital requirements and the general corporate purposes. The issue will open on Tuesday, August 19, 2025 and will close on Thursday, August 21, 2025.

The Lead Manager to the Issue is Mark Corporate Advisors Private Limited, and the Registrar to the Offer is Skyline Financial Services Private Limited.

Mr. Wilfred Selvaraj, Managing Director of LGT Business Connextions Limited expressed, “Our IPO represents a transformative opportunity to accelerate the company’s growth. We have evolved into a recognized player in integrated travel solutions, serving diverse needs from corporate MICE to leisure holidays and bespoke programs. The capital raised will enable us to strengthen our market presence, introduce new offerings, and expand across domestic and international destinations. With a focus on innovation, service excellence, and strategic partnerships, we are well-positioned to leverage the rising demand in India’s travel and tourism industry and create lasting value.”

Lead Manager – Mark Corporate Advisors Private Limited said “The IPO of LGT Business Connextions marks a significant milestone in the company’s journey. Over the years, it has built a strong presence in the integrated travel solutions space, offering a wide portfolio from corporate MICE and leisure holidays to bespoke travel programs. The proposed issue will provide the capital required to accelerate expansion, enhance service capabilities, and strengthen its market position. With a clear growth strategy, strong industry fundamentals, and a proven management team, we believe the company is well-placed to capture the emerging opportunities in India’s rapidly growing travel and tourism sector.”

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Rajkot (Gujarat) [India], August 15: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar EPC, has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited(MSEDCL) under the PM Kusum B Scheme – “Magel Tyala Saur Krushi Pump” Yojana for supply of 200 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems (‘SPWPS’) collectively valued at 5.97 crores (including GST). The installation of these pumps is to be completed within 60 days from date of issuance of NTP/work order.

Commenting on the new order for solar pumps Mr. Ritesh Khichadia, a Whole Time Director of Captain Polyplast Limited said, “This order is a significant development for our solar EPC segment as few focus on expanding our presence in new markets. Along with the recent empanelment from DGVCL in Gujarat, we now have presence in Maharashtra and Gujarat which are two of the largest markets for solar pumps. Steadily we plan to expand in various other stated in PM-KUSUM project for solar pumps.”

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Ahmedabad (Gujarat) [India], August 15: Ashapuri Gold Ornament Limited, a rising star in India’s jewellery manufacturing industry, has struck gold — literally and figuratively — at the prestigious India International Jewellery Show (IIJS Premier) 2025, clinching purchase orders worth approximately ₹102 Cr from some of the country’s most prominent regional and national jewellery retail chains, along with top-tier big-box jewellers. 

The orders, all from domestic clients, will be executed within just 90 days — a testament to Ashapuri’s unmatched speed, scale, and quality in the highly competitive gold jewellery market.

From the Show Floor to the Boardroom — A Story of Momentum

The IIJS Premier is widely regarded as the crown jewel of India’s jewellery trade events, where hundreds of suppliers compete for the attention — and confidence — of the nation’s biggest buyers. For Ashapuri Gold Ornament Limited, this year’s event was more than an exhibition; it was a milestone moment.

Over the last few years, the company has steadily built a reputation for precision manufacturing, design innovation, and uncompromising quality standards. This latest achievement not only boosts its already healthy order book but also solidifies its position as a trusted long-term partner for the country’s retail jewellery giants.

The Ashapuri Advantage – How We Outshine the Competition 

Ashapuri’s edge in the market comes from a rare combination of tradition and technology: 

• Vertically Integrated Operations: In-house manufacturing from concept to completion, enabling complete control over design, quality, and delivery timelines. 
• Design-Led Growth: A talented design team that blends classic Indian artistry with modern consumer trends. 
• High-Volume Precision: Proven ability to handle bulk orders without sacrificing craftsmanship.
• Deep Retail Relationships: Strong, repeat partnerships with major jewellery chains built on trust, transparency, and reliability.

CEO Jenik D. Soni’s Vision – Building the Future of Indian Jewellery Manufacturing 

Commenting on the order win, Mr. Jenik D. Soni, CEO of Ashapuri Gold Ornament Limited, said:

“This isn’t just a big order — it’s a big step forward in our journey to be one of India’s most admired gold jewellery manufacturers. At Ashapuri, we don’t just make jewellery; we craft trust, we craft value, and we craft growth stories. Our strength lies in our ability to merge artisanal skill with advanced manufacturing, giving our clients a rare combination of beauty, quality, and timely delivery. 

With the momentum from this achievement, we are on track to meet our ambitious growth targets and expand our footprint both in India and in select international markets.”

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New Delhi [India], August 14: This year at MoneyExpo 2025, Payomatix is turning heads with something big: the official launch of its Payment Orchestration Platform (POP), now available free for the first 45 days.

Whether you’re a startup, an MSME, a SaaS platform, or an e-commerce business, Payomatix POP gives you access to smart, scalable payment tools, with no upfront cost and full transparency.

“We built POP to help growing businesses handle payments the way big companies do, but without the high setup costs or complicated tech,” said the founder of Payomatix.

Innovate. Integrate. Orchestrate.  That’s what we’re here to do.

Why POP? Why Now?

As more businesses move online, payments have become more than just a way to get paid; they’re part of the customer experience. But managing different gateways, handling payment failures, or trying to meet compliance requirements can slow down your business and confuse your customers.

Many smaller businesses still rely on outdated systems, or they’re stuck with manual workarounds. That’s where Payomatix POP steps in, giving you all the tools you need in one smart, easy-to-use platform.

What You Get with the 45-Day Freemium Plan

The freemium model isn’t just a demo. It’s full access to everything POP offers, so you can test it in real time, with your real customers.

Here’s what’s included:

• Cashier System: A flexible checkout hub for cards, UPI, wallets and more – all in one place.

• Fast Checkout Pages (POP Pages): Sleek, responsive pages with auto-filled details and built-in upsell options.

• Smart Routing & Failover: Sends payments through the best-performing gateway to avoid failures.

• Recurring Billing (Post-trial): Automates subscription payments through NACH – great for SaaS and services.

• Free Technical Onboarding: API docs, dev support, and no-code options if you’re not into coding.

It’s basically a plug-and-play payment setup you can test, tweak, and trust – before scaling it for real.

Who Is POP Made For?

We designed POP with underserved businesses in mind, companies that often get left out of enterprise-level tools.

• Startups & MSMEs who want modern payments without huge costs

• Exporters/Importers needing cross-border support

• SaaS Platforms & Agencies offering embedded payments to clients

• E-commerce brands wanting to boost checkout speed and success

If any of that sounds like you, this launch is for you.

Why Freemium Works

Instead of long demos, sales calls, or upfront contracts, we’re saying: just try it.

“Freemium is our way of building trust. You don’t have to believe our pitch, try the platform and see what it can do for your business,” said a senior product lead at Payomatix.

With global players like Stripe and Adyen setting high bars, POP gives Indian businesses a homegrown alternative that’s just as powerful and way more accessible.

What’s Next?

As fintech revenue continues to concentrate among a few dominant players, Payomatix aims to disrupt that narrative by offering open access, transparent performance, and inclusive innovation.

Whether you’re an emerging startup or a digital agency scaling fast, the freemium POP launch at MoneyExpo offers a rare opportunity, i.e., to test enterprise-grade tech with zero friction and full support.

Come see how easy it can be to streamline payments, reduce failures, and offer faster checkouts without a long wait or big tech team.

Ready to Try It?

If you’ve ever dealt with clunky checkout pages, failed transactions, or expensive payment integrations – this is your chance to fix all of that in one move.

• Free for 45 days
• No commitment
• Support included
• Real value from day one

Visit the Payomatix Booth No.26 at MoneyExpo 2025 (Mumbai, 23rd-24th August) to activate your free access.

Because your business deserves better payments.

Innovate. Integrate. Orchestrate.

Website – https://payomatix.com/
Contact – 1800-309-0113

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Gurugram (Haryana) [India], August 14: India’s leading opinion trading platform, Probo, is witnessing a major transformation in trading behaviour as users increasingly embrace responsible participation tools. The platform has recorded over 6.5 lakh early exits—helping traders secure profits in time—and 25,000 users making use of the platform’s cool-off features to manage trading impulses. These trends signal a significant shift towards self-regulation and informed decision-making in India’s fast-growing opinion trading space.

Fuelling this transformation is Probo Academy, the platform’s dedicated learning hub on the Probo app and official YouTube channel. With a community of over 60,000 active learners and videos drawing an average of 14,500 views, the Academy delivers concise, practical, and accessible trading education. Its structured modules cover the full spectrum, from basic principles to advanced strategies, helping traders strengthen their skills, manage risks, and use platform tools with confidence.

Parallelly, Probo’s Community Learning Program, where experienced users share their research and analysis techniques with beginners through live sessions, have already drawn 200,000+ views, fostering a culture of peer learning and knowledge sharing.

Launched in 2023, Probo’s learning initiatives aim to make opinion trading more responsible, transparent, and accessible. Alongside education, the platform’s safety framework includes voluntary features such as time-off settings, daily usage caps, monthly recharge limits, and event investment caps—each now adopted by over 1 lakh users. This rising adoption highlights the shift towards a disciplined trading culture driven by awareness rather than enforcement.

Anurag Dhandhi, Business Head at Probo, said, “What sets Probo apart is not just its focus on learning, but its commitment to building a responsible and informed trading environment. We believe the future of opinion trading lies in informed and responsible participation. Education is not a value-add, it’s a core offering. The engagement we’re seeing across Academy and Course users, along with rising use of our responsible trading tools, points to a more aware and thoughtful user base. Our focus is to scale up access and make quality learning even more personal and relevant.” Probo is rapidly scaling its educational initiatives with a bold target of reaching 1 lakh learners by early 2026.

As it looks ahead, Probo plans to expand its educational infrastructure through gamified learning modules, region-specific content, and community-led training, with a broader goal of creating a transparent and well-informed trading ecosystem where learning and discipline are embedded into every user’s journey.

Probo is India’s leading opinion trading platform that empowers individuals to express their data-backed insights on real-world events and earn rewards. With a mission to make knowledge and skills more participative and rewarding, Probo allows users to trade on topics spanning sports, current affairs, economics, entertainment, and more — all in real-time. The platform operates with a commitment to transparency, responsible engagement, and user empowerment, aiming to redefine how Indians interact with information and predictions. Headquartered in Gurugram, Probo is backed by prominent investors – Peak XV Partners (formerly Sequoia Capital), Elevation Capital and Fundamentum Partnership. With the trust of over 50 million Indians, Probo continues to scale rapidly with a focus on building a new category of knowledge-based participation. For more details, please visit: https://probo.in/

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