Category: Business

  • India’s most Innovative Corporate Gifting Company sets a New Milestone, Secures Back-to-Back Global PPAI World 100 Ranking

    India’s most Innovative Corporate Gifting Company sets a New Milestone, Secures Back-to-Back Global PPAI World 100 Ranking

    New Delhi [India], May 27: In a milestone moment for India’s gifting industry, one of the country’s finest and most innovative Corporate Gifting and promotional merchandise companies, Consortium Gifts, with over 25 years of industry leadership, has officially been recognised in the prestigious PPAI 100 rankings, securing the #87 position globally, moving up 4 places from the last position, secured last year. This landmark achievement distinguishes Consortium Gifts as the only corporate gifting company to be honored on this elite global platform for the second consecutive year, cementing its role as the definitive flag-bearer representing India on the world stage.

    Released annually, the PPAI 100 is widely regarded as the most respected benchmark in the global promotional products industry. It evaluates more than 15,000 PPAI members worldwide based on a rigorous matrix of revenue performance, digital innovation, corporate responsibility, workforce strength, and market influence. In a testament to India’s rising dominance, Consortium Gifts joins 8 celebrated members of IGC Global Promotions who secured spots on the list. Further strengthening its global standing, Consortium Gifts (PPAI 582614, International) has recorded an impressive 58% revenue growth since 2022, reaching $6.1 million in 2025. Headquartered in Noida, India, the company has built its reputation around technology-driven gifting solutions, deploying proprietary AI tools across departments ranging from customer service to warehousing, while integrating a top-tier CRM ecosystem with custom-built microsites designed to deliver enhanced client engagement and seamless gifting experiences.

    Unmatched Client Retention and Service Excellence

    With a legacy spanning a quarter of a century, the company has engineered an institutional-grade distribution framework trusted by some of the world’s most demanding corporate giants. The brand continues to dominate the premium B2B landscape, retaining a marquee clientele that features market leaders such as Salesforce, BMW, Deloitte, and Adobe amongst others. Consortium Gifts consistently outperforms the market through its client-first servicing architecture, resulting in industry-leading retention rates by seamlessly blending everyday luxury utilities with high-performance tech innovations.

    Speaking on this landmark recognition for Consortium Gifts in the 2026 PPAI 100 rankings, Founder and Managing Director, Gaurav Bhagat, said, “Being recognised among the top 100 promotional products companies globally is a defining milestone for Consortium Gifts and a proud moment for India’s corporate gifting industry on the international stage. As one of the few Indian companies to be represented in the PPAI 100 rankings, this recognition reflects the trust our clients place in us, the consistency of our service excellence, and the long-standing relationships we have built through customer-first execution and innovation-led growth. We are honoured to stand alongside some of the most respected global players in the industry, and this achievement further strengthens our vision of positioning Consortium Gifts among the world’s top 50 promotional products companies in the coming years. Our focus remains on scaling globally while continuing to deliver unmatched quality, strategic creativity, operational excellence, and meaningful brand experiences for our clients across markets.”

    “PPAI is proud to recognize every company earning recognition through this ultimate measure of industry leadership,” said Josh Ellis, PPAI’s senior director of media, research and public affairs. “The firms that have earned this status do business right. They represent the leading edge of the branded merch industry through their commitment to innovation and responsibility, their business practices and philosophy. PPAI 100 takes a well-rounded approach to measuring business performance, the companies earned their ranking through careful consideration of every aspect of their organisation, and it identifies the best of the best.”

     A Sustainable, People-First Global Standard

    Beyond design ingenuity, Consortium Gifts is actively elevating India’s international reputation through verified ESG commitments. The company is EcoVadis approved, guaranteeing that its supply chain, premium materials, and manufacturing methodologies meet stringent international sustainability, ethical labor, and environmental compliance frameworks.

    On the responsibility front, Consortium Gifts actively plants trees on behalf of clients once orders cross a defined threshold, reinforcing its commitment to environmental stewardship. The company also partners with manufacturers committed to ethical labor practices and invests deeply in employee growth through an English language development initiative in partnership with Gyan Kosh. This dedication to operational integrity begins from within. Celebrated for its vibrant, progressive corporate culture, Consortium Gifts has officially been certified as a Great Place to Work in both 2024 and 2025. This sustained workforce strength ensures that top-tier talent continues to drive every aspect of its client servicing, innovation, and technology adoption.

    About Consortium Gifts

    Consortium Gifts is a leading corporate gifting and promotional merchandise company running over 25 years in action, specialising in customised gifting solutions, branded merchandise, employee engagement kits, luxury hampers, event merchandise, and end-to-end fulfilment services for brands across India and international markets. The company works with leading enterprises and institutions to create memorable brand experiences through innovative gifting solutions.

     About PPAI:

    Promotional Products Association International (PPAI) is the world’s largest and longest-serving international not-for-profit branded merchandise association with a 120-year history of serving a membership, that has grown to more than 15,000 corporate members and advocating for the $27+ billion merch industry with its more than 33,700 businesses and more than 500,000 professionals. For more information https://ppai.org.

    For media inquiries, collaborations, or partnership opportunities, please contact:

    Consortium Gifts

    Srishti Tiwari pr@consortiumgifts.com

    7042423790

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  • Rikhav Securities Limited Reports EBITDA of Rs 32.53 Cr & PAT of Rs 18.96 Cr in FY26

    Rikhav Securities Limited Reports EBITDA of Rs 32.53 Cr & PAT of Rs 18.96 Cr in FY26

    Mumbai (Maharashtra) [India], May 27:  Rikhav Securities Limited(BSE – RIKHAV | 544340), one of the leading diversified stock market services providers has announced its Audited Financial Results for H2 FY26 & FY26. 

    Key Consolidated Financial Highlights 

     H2 FY26 Financial Highlights

    • Total Income of ₹ 1604.95 Cr
    • EBITDA of ₹ 6.57 Cr
    • PAT of ₹ 1.20 Cr
    • EPS of ₹ 0.31

    FY26 Financial Highlights

    • Total Income of ₹ 1991.62 Cr
    • EBITDA of ₹ 32.53 Cr
    • PAT of ₹ 18.96 Cr
    • EPS of ₹ 4.95

    During FY26, the Company continued to strengthen its technology and operational infrastructure with investment of approximately ₹5.40 Cr towards computers and software, resulting in higher depreciation during the year. Profitability during the period was impacted by loss from share trading activities of ₹22.93 Cr. Further, unrealised profit of ₹4.33 Cr from SLBM transactions has not been recognised in the financials and is expected to be realised in the upcoming quarter.

    Current liabilities increased mainly on account of SLBM borrowings of ₹47.34 Cr during the period. The Company remains focused on strengthening its technology platform, improving operational efficiencies, and enhancing long term value creation opportunities. 

    Commenting on the financial performance, Mr. Hitesh Lakhani, Chairman & Managing DirectorRikhav Securities Limited said, “FY26 remained a challenging year for the capital markets industry, with elevated volatility, tighter liquidity conditions, and moderation in trading activity impacting overall market sentiment across the broking ecosystem. Despite the challenging environment, the Company reported Total Income of ₹1991.62 Cr and Net Profit of ₹18.96 Cr for FY26.

    During the year, we continued to strengthen our technology and operational infrastructure with investments in computers and software, which resulted in higher depreciation costs. Profitability for the period was also impacted by loss from share trading activities. Further, unrealised profit of ₹4.33 Cr from SLBM transactions has not been recognised in the financials and is expected to be realised in the upcoming quarter.

    We remain focused on strengthening our platform, improving operational efficiencies, and maintaining a disciplined approach towards long term growth and value creation.”

    About Rikhav Securities Limited

    Rikhav Securities Limited is a diversified stock market services provider, incorporated in 1995 and formally launched in 2005, that has built a reputation for combining personalized service with competitive pricing. Today, it serves a broad spectrum of clients from High-Net-Worth investors to high-volume traders across major Indian exchanges.

    At its core, Rikhav’s broking arm offers equity and derivatives trading with a “tailor-made” approach. Traders benefit from Brokerage rates that can undercut larger discount brokers, while all clients receive dedicated relationship support and personalized services on demand. Remarkably, over 99% of active clients remain on the platform once they join, reflecting the firm’s emphasis on loyalty and satisfaction.

    In market making, Rikhav specializes in supporting new IPOs by providing essential liquidity and demand generation. Last year alone, the company worked with around 40 to 45 issuers, using its extensive distribution network to deliver thousands of high-quality applications for each new issue.

    Rikhav’s proprietary trading division deploys its own capital in algorithm-driven arbitrage, delta hedging and short-term trading strategies. 

    A specialized team prioritizes risk-minimizing and return-optimizing models, supported by automated risk-management systems that enforce minimum exposure limits without human intervention. This disciplined framework aims for consistent, mid- teens annual returns, regardless of market direction.

    The newly launched Margin Trading Facility (MTF) extends credit to clients against their holdings, offering enhanced leverage within Rikhav’s stringent risk controls.

    On the technology front, Rikhav is bolstering its backend, software and IT infrastructure. It has launched a paperless KYC and account-opening portal, and its online trading app is also live. The firm also plans to introduce online joint-account opening platform, further simplifying client onboarding. Meanwhile, marketing and compliance functions are being set up to support a new phase of growth.

    Looking ahead, Rikhav Securities intends to expand beyond Maharashtra and Gujarat, build a branded online presence and attract both retail and high-net-worth investors through digital channels and franchise partnerships continuing its steady evolution as a client-focused financial services provider.

    The company got listed on the BSE SME platform on January 22, 2025, with an IPO of ₹88.82 Cr.

    For FY26, the Company has reported consolidated Total Income of 1991.62 Cr, EBITDA of ₹ 32.53 Cr & PAT of 18.96 Cr.

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  • Lapcare Celebrates Partner Success at DHURANDARR 2026 Mega Lucky Draw Event in New Delhi

    Lapcare Celebrates Partner Success at DHURANDARR 2026 Mega Lucky Draw Event in New Delhi

    DHURANDARR 2026: Honouring the partners powering Lapcare’s growth story across India

    New Delhi [India], May 26: Lapcare, one of India’s leading consumer technology and IT peripheral brands, successfully hosted its flagship channel engagement event, DHURANDARR 2026 Mega Lucky Draw, at Hotel Crowne Plaza, Okhla, New Delhi, bringing together partners, distributors, and stakeholders from across the country for a grand celebration of performance, growth, and collaboration.

    The event witnessed enthusiastic participation from Lapcare’s nationwide partner ecosystem, representing multiple regions and business segments. Designed as a high-impact channel incentive initiative, DHURANDARR 2026 reinforced Lapcare’s continued commitment towards strengthening partner engagement through transparent programs, performance-driven rewards, and long-term business collaboration.

    One of the biggest highlights of the event was the mega lucky draw featuring premium rewards, including a Tata SierraHarley Davidson X440Hero Vida scootersiPhone 16iPad 11th GenOnePlus smartphones, and several other prizes. The live lucky draw announcements created an atmosphere of excitement and celebration among attending partners.

    Speaking on the occasion, Atul Gupta, Founder, Lapcare, said, “This success belongs to our entire partner community and team members across India. DHURANDARR 2026 reflects the strength of our association with channel partners who continue to contribute towards Lapcare’s growth journey. We ensured that the entire lucky draw process remained completely transparent and fair, reinforcing trust and credibility across the ecosystem.”

    Lapcare

    Adding further, Sandeep Popli, CEO, Lapcare, stated, “The response from partners across India has been phenomenal. What makes this initiative even more special is the recognition received by partners from Tier 2 and merging markets who are driving business growth at the ground level. Programs like DHURANDARR continue to energize our channel ecosystem and strengthen our momentum in the market.”

    While sharing his views with DT on the success of the initiative, Harshit Gupta, Director Marketing, Lapcare, said, “The response to the sales program has been extremely encouraging, and the overall outcomes have been very strong. We witnessed excellent participation from our partners, which reflects the trust and engagement built over the past few months. The entire program was executed in a completely transparent and fair manner, ensuring that the real winners were recognized for their performance and consistent effort. We are truly overwhelmed with the success of this initiative, especially after the extensive planning and execution efforts put in over the last three to four months. It has been a highly rewarding experience for the entire team.”

    The lucky draw process was conducted live on stage in the presence of partners and attendees, ensuring complete transparency throughout the selection process. The event was also livestreamed for wider partner participation across regions.

    Lapcare

    Among the top winners, MR Systems and Security won the Tata Sierra Car, while P.S. Smart Solutions received the Harley Davidson X440. Multiple partners across categories were also recognized with rewards, including scooters, smartphones, tablets, and other premium prizes.

    Built around the campaign theme “Is BaarZyada Maar”, the DHURANDARR 2026 sales program was designed to reward channel performance across Tier 1 and Tier 2 markets through slab-based incentives and large-scale recognition opportunities.

    With strong participation, high-value rewards, and nationwide engagement, DHURANDARR 2026 further strengthened Lapcare’s partner-first philosophy and reinforced its position as a trusted and growth-focused brand in India’s IT distribution ecosystem.

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  • Aelea Commodities Limited Scripts a Historic Turnaround with Breakout Performance

    Aelea Commodities Limited Scripts a Historic Turnaround with Breakout Performance

    For FY26: Revenue from Operations at ₹381.50 Cr (109% YoY); EBITDA at ₹40.37 Cr (366% YoY) | PAT at ₹21.32 Cr (1,740% YoY)

    Mumbai (Maharashtra) [India], May 26: Aelea Commodities Limited (BSE: ACLD), one of the leading integrated players in cashew processing, announced its audited financial results for the H2 FY26 & FY26.

     H2 FY26 Key Financial Highlights Consolidated

    Particulars (₹ In Lakhs) H2 FY26 H2 FY25 YoY Change
    Revenue from operations 20,781.13 9,439.52 120.15%
    EBITDA 2,511.90 (88.49) Turn Positive
    EBITDA Margin (%) 12.09% (0.94%) Turn Positive
    PAT 1,261.31 (442.20) Turn Positive
    PAT Margin (%) 6.07% (4.68%) Turn Positive
    EPS (₹) 6.19 (2.17) Turn Positive

     FY26 Key Financial Highlights Consolidated

    Particulars (₹ In Lakhs) FY26 FY25 YoY Change
    Revenue from operations 38,150.41 18,213.55 109.46%
    EBITDA 4,036.73 865.41 366.45%
    EBITDA Margin (%) 10.58% 4.75% 582.96 BPS
    PAT 2,131.52 115.86 1,739.74%
    PAT Margin (%) 5.59% 0.64% 495.10 BPS
    EPS (₹) 10.46 0.62 1,587.10%

    About Aelea Commodities Limited                  

    Established in 2018, Aelea Commodities Limited specializes in processing Raw Cashew Nuts (RCN) into high-quality cashew kernels. Under the visionary leadership of Chairman Mr. Hozefa Jawadwala, Aelea has rapidly evolved from a rising enterprise into a defining influence within the commodity landscape.

    Anchored in sustainability and innovation, Aelea is advancing plans to convert cashew by-products into biofuels and activated carbon, uniting profitability with environmental responsibility. With capacity expansion from 40 to 140 MTPD, funded by IPO proceeds and driven by strong sectoral demand, the Company is strategically positioned for accelerated growth.

    Operational Highlights – FY26                                                    

    • Unit II at Surat operated at healthy capacity utilization levels during FY26, strengthening domestic supply capabilities.
    • Preparatory work for Unit III progressed during the year, with a focus on renewable energy integration and by-product valorization initiatives.
    • Land acquisition for Unit III is completed; the upcoming facility will focus on Cardanol, Bio Charcoal, and De-oil Cake production.
    • CRISIL revised the Company’s outlook to “CRISIL BBB/Stable” from “CRISIL BBB/Negative”, reflecting improving operational and financial stability.
    • Incorporated two wholly owned subsidiaries:

    Aelea Green Energy Limited – focused on renewable and sustainable energy solutions.

    Aelea Nuts & Fruits Limited – focused on food processing, FMCG, and value- added agri products.

    • Received the Fairdeal Filaments Award for Outstanding Entrepreneurship in the MSME Segment (2024–2025) from SGCCI.
    • Received prestigious Gold Membership certification from the Nuts and Dry Fruits Council (India) [NDFC(I)]
    • Received the “Excellence in Cost Optimization & Operational Efficiency” award at The CFO Vault Summit & Awards 2025
    • Honored with the MSME Star Stories 2025 Award for Manufacturing Excellence.
    • Successfully obtained FSSC 22000 Certification for the Surat manufacturing facility, strengthening food safety and export readiness.
    • Continued expansion of branded product portfolio under ‘Tryble’ and ‘Supreme’ across retail and e-commerce channels.
    • Strengthened global sourcing collaborations with African regions and Indian trading companies, ensuring continuity in raw material supply chains.

    Commentary from the Management

    After a Defining Year of Breakthrough Growth & Historic Turnaround in H2 FY26 & FY26, Mr. Hozefa Shabbir Husain Jawadwala, Chairman & Managing Director of Aelea Commodities Limited, said:

    “As we reflect on FY26, we believe this year marks far more than just a strong financial performance for Aelea Commodities; it marks the emergence of a fundamentally stronger, sharper, and future- ready enterprise. What the Company has achieved over the past year is the outcome of conviction- led decisions, relentless execution, and the courage to invest ahead of the curve during a phase when the business was still navigating challenges.

    FY26 emerged as a defining turning point for Aelea Commodities. The Company delivered Revenue from Operations of ₹381.50 Cr, registering a stellar 109% YoY growth, while EBITDA surged 366% YoY to ₹40.37 Cr. Most significantly, Profit After Tax rose sharply to ₹21.32 Cr, reflecting exceptional YoY growth of 1,739.74%.

    The transformation became even more visible during H2 FY26, where the scale of acceleration exceeded expectations. Revenue from Operations grew 120% YoY to ₹207.81 Cr, while EBITDA stood at ₹25.12 Cr and PAT at ₹12.61 Cr, against losses in the corresponding period last year.

    These numbers are not merely financial milestones; they reflect the successful conversion of strategy into execution and execution into measurable value creation. Further, this performance was strengthened by key strategic milestones achieved during the year, including the incorporation of two wholly owned subsidiaries, multiple industry recognitions and awards, and the globally recognized FSSC 22000 Certification for the Company’s Surat manufacturing facility.

    We remain deeply grateful to every shareholder, stakeholder, and well-wisher who stood by Aelea Commodities during its most challenging phases. True conviction belongs to those who continue believing even in adversity, and that unwavering trust continues to fuel our ambition as we move forward with stronger fundamentals, sharper execution, and an uncompromising vision towards building a globally competitive and future-ready enterprise.”

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

  • Ranjit Innerwear Launches ‘Janhit Mein Ranjit’ Campaign Featuring Brand Ambassador Ayushmann Khurrana

    Ranjit Innerwear Launches ‘Janhit Mein Ranjit’ Campaign Featuring Brand Ambassador Ayushmann Khurrana

    Ahmedabad (Gujarat) [India], May 26: Ranjit Innerwear, one of India’s longstanding innerwear brands with a legacy spanning more than five decades, has launched its new campaign ‘Janhit Mein Ranjit’ featuring Bollywood star Ayushmann Khurrana, aimed at repositioning the brand as a complete innerwear label beyond its widely recognized vest category.

    Conceptualized by Zero Gravity Communications, the campaign addresses the widespread consumer perception that primarily associates Ranjit with baniyans or vests, despite the brand offering a wider range of innerwear products, including briefs, trunks, and other essentials.

    Drawing inspiration from the familiar language of “Janhit Mein Jaari” public-interest messages, the campaign uses humour, relatability, and everyday storytelling to communicate the broader identity of the brand. Through culturally rooted narratives and slice-of-life moments, the campaign positions Ranjit as a comprehensive “top-to-bottom” innerwear brand designed for everyday Indian men.

    The campaign marks an important brand evolution for Ranjit, which has built consumer trust over more than 50 years through its focus on quality, comfort, and reliability. Today, the company offers a complete range of men’s innerwear products catering to changing consumer preferences and evolving lifestyle needs.

    Ranjit

    Speaking about the campaign, the Marketing Manager of Ranjit Innerwear said, “The ‘Janhit Mein Ranjit’ campaign reflects our efforts to strengthen consumer awareness around our existing and expanding product portfolio while retaining the legacy and trust associated with the Ranjit brand.”

    Ranjit’s brand ambassador, Ayushmann Khurrana, said, “I have been associated with Ranjit since 2019, and what I feel for this brand goes beyond a professional relationship. It is a genuine sense of pride. Ranjit is a 50-year-old legacy, and that kind of trust is never built overnight. What excites me most about ‘Janhit Mein Ranjit’ is that we are finally telling the complete story of the brand. People know the vest, but Ranjit is much more than just that, and this campaign is our way of introducing India to the full picture.”

    Khushboo Sharma, Founder and Director of Zero Gravity Communications, said the objective was to expand the brand’s identity without disrupting the trust it has built over generations.

    “Ranjit is one of those rare brands that enjoys genuine affection from consumers, but that association has largely remained limited to one legacy product category. Our approach was to evolve the conversation in a way that felt warm, honest, and deeply Indian. ‘Janhit Mein Ranjit’ has been designed as a culturally familiar and relatable campaign that introduces consumers to the brand’s wider innerwear portfolio,” she said.

    ‘Janhit Mein Ranjit’ is not intended as a one-time advertising initiative, but the beginning of a larger content-led campaign series that will continue to explore different aspects of the brand through relatable and engaging storytelling.

    With Ayushmann Khurrana continuing as the face of the brand, the campaign seeks to
    strengthen engagement with younger consumers while reinforcing Ranjit’s identity as a trusted everyday innerwear brand for Indian men.

  • 17-Year-Old Student Saachi Pasari Disrupts the Luxury Market with the Global Debut of ‘Hangover’

    17-Year-Old Student Saachi Pasari Disrupts the Luxury Market with the Global Debut of ‘Hangover’

    Founded by 17-year-old Mumbai student Saachi Pasari, Hangover’s debut luxury womenswear drop sold out within days.

    Mumbai (Maharashtra) [India], May 26: A new independent luxury fashion label is entering India’s growing premium womenswear market. Founded by 17-year-old Mumbai student Saachi Pasari, Hangover officially launched earlier this year with a limited-edition debut collection that sold out within days of its digital release. The label positions itself within the growing space between occasion wear and contemporary nightlife fashion, offering statement silhouettes designed for younger consumers seeking exclusivity and elevated styling. The debut collection includes dresses featuring intricate hand embroidery, detailed handwork, and embellishments created using high-quality stones, beads, and crystals. The collection draws inspiration from nightlife culture, modern glamour, and current fashion trends while focusing on wearability and comfort.

    Limited Drops and Growing Consumer Demand

    Rather than operating on a large-scale production model, Hangover follows a limited monthly drop format, releasing small quantities of designs at a time. The strategy reflects a broader shift within the luxury fashion industry, where exclusivity and scarcity increasingly drive consumer demand, particularly among Gen Z audiences. The brand’s early traction also highlights the growing influence of digitally native luxury labels emerging from India. Despite maintaining a relatively small social media presence during launch, Hangover reportedly generated strong initial demand across multiple cities, including Mumbai, Delhi, Singapore, and Los Angeles.

    Craftsmanship at the Core of the Brand

    A major focus for the label is craftsmanship and garment detailing. According to the brand, each piece undergoes extensive embroidery and tailoring work, with some garments requiring up to 200 man-hours before completion. The production process combines hand-finished embellishment techniques with contemporary silhouettes intended for modern eveningwear consumers. Hangover’s designs also emphasize premium fabrics and limited-edition construction. The brand says its focus is on creating pieces that feel “young, bold, and personal,” while prioritizing high-quality craftsmanship and statement design elements. This approach is becoming increasingly common among newer luxury labels attempting to distinguish themselves in a saturated premium fashion market.

    The Inspiration Behind ‘Hangover’

    The name “Hangover” itself is inspired by the idea of memorable nights, celebration, and high-energy experiences. According to the founder, the brand was created to make wearers feel confident, glamorous, and expressive through fashion choices that stand out while remaining easy to style. While the brand is still in its early stages, Hangover enters the market at a time when Indian luxury consumers are increasingly shifting toward homegrown designer labels rather than relying solely on international brands. Over the past few years, India’s premium fashion segment has seen growing demand for limited-run collections, handcrafted garments, and occasion-focused dressing, particularly among younger shoppers influenced by social media and nightlife culture.

    Balancing Education and Entrepreneurship

    Pasari, who is currently completing her studies at the German International School in Mumbai, has balanced the launch of the brand alongside academic commitments. While Hangover remains independently positioned, the founder has acknowledged receiving operational guidance from her father, Abhishek Pasari, who leads textile company ABP Industries. However, the brand’s positioning, visual direction, and market identity have been developed specifically for a younger fashion audience. According to Pasari, the team spent several months researching consumer behavior and identifying gaps within the premium womenswear space before launching the collection.

    What’s Next for the Brand

    Industry observers note that digitally led fashion businesses are increasingly reducing reliance on traditional retail models. Brands targeting younger luxury shoppers are instead focusing on curated online drops, exclusivity-driven marketing, and community-led visibility. Hangover appears to be following this approach, using selective releases and highly stylized visual branding to create demand rather than pursuing large-scale inventory expansion. The brand is now preparing for future monthly drops while also exploring physical retail expansion in Mumbai. According to the company, plans are underway for a flagship storefront that would allow customers to experience the garments, fabrics, and detailing in person. As India’s independent luxury fashion space continues to evolve, Hangover represents a new generation of youth-led labels blending handcrafted design, digital-first strategy, and limited-edition exclusivity. Its early response suggests there is increasing appetite among younger consumers for contemporary Indian brands that combine premium craftsmanship with modern nightlife-inspired aesthetics.

    Media Contact

    Instagram link: Hangover by Saachi

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  • Crescent Group Strengthens Lucknow’s Commercial Real Estate Landscape with Crescent Heights and Platinum Mall

    Crescent Group Strengthens Lucknow’s Commercial Real Estate Landscape with Crescent Heights and Platinum Mall

    Lucknow (Uttar Pradesh) [India], May 26: The commercial real estate market in Lucknow is witnessing rapid growth, and  Crescent Group is emerging as a prominent name redefining premium business and retail infrastructure in the city. With landmark developments like Crescent Heights and Platinum Mall located in the rapidly expanding Sushant Golf City corridor near Lulu Mall, the group is creating a dynamic commercial ecosystem for leading national and international brands.

    Strategically positioned on Shaheed Path in Lucknow, both projects offer high visibility, strong connectivity, and modern infrastructure, making them ideal destinations for corporate offices, retail outlets, banks, educational institutions, and lifestyle brands.

    Crescent Heights Becomes a Preferred Commercial Destination in Lucknow

    Located at T-2, IBB-2, Sushant Golf City, Near Lulu Mall, Shaheed Path, Lucknow – 226030, Crescent Heights has already attracted several reputed brands and institutions. The project is designed to cater to the growing demand for premium commercial spaces in one of Lucknow’s fastest developing zones.

    Prominent brands currently associated with Crescent Heights include:

    • HDFC Bank
    • Haldiram’s
    • Tata
    • Toyota
    • Radio City
    • Canara Bank
    • Punjab National Bank
    • Rishita Developers

    The project has successfully received its Completion Certificate, further strengthening buyer and investor confidence. Being a RERA registered commercial project, Crescent Heights offers credibility, compliance, and long-term value for businesses and investors alike.

    Platinum Mall Expands Retail and Corporate Opportunities

    Another major commercial development by Crescent Group, Platinum Mall, is located at T-6, IBB-2, Sushant Golf City, Near Lulu Mall, Shaheed Path, Lucknow – 226030.

    The mall has rapidly emerged as a hub for retail, education, technology, and food brands. Some of the leading names currently operating within Platinum Mall include:

    • IBM
    • Domino’s
    • Godrej
    • Physics Wallah
    • Swiggy

    With its modern commercial architecture, strategic location, and increasing footfall, Platinum Mall is positioned to become one of Lucknow’s most sought after business and retail destinations.

    Upcoming Expansion in Vibhuti Khand

    Continuing its growth momentum, Crescent Group has also announced an upcoming commercial project in Vibhuti Khand, Lucknow, one of the city’s prime commercial and corporate hubs. The upcoming development is expected to further strengthen the group’s presence in Uttar Pradesh’s booming commercial real estate sector.

    Focus on Infrastructure, Brand Value, and Investment Growth

    The rise of organized commercial infrastructure in Lucknow has opened new opportunities for brands, startups, investors, and entrepreneurs. Crescent Group’s developments focus on premium location advantages, modern amenities, brand visibility, and long-term commercial sustainability.

    With increasing demand for commercial spaces near major urban landmarks such as Lulu Mall Lucknow and Shaheed Path, Crescent Group’s projects are witnessing growing attention from businesses seeking scalable and future-ready commercial environments.

    The company’s emphasis on compliance, infrastructure quality, and strategic tenant partnerships reflects its vision of building commercially vibrant destinations that contribute to Lucknow’s evolving urban growth story.

    For more information, visit:

    Crescent Group Official Website

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  • Evox Launches a New Movement for Mobility, Dignity, and Independent Living in India

    Evox Launches a New Movement for Mobility, Dignity, and Independent Living in India

    New Delhi [India], May 26: In a world where mobility is often taken for granted, Evox is emerging as a brand determined to change the narrative around disability, aging, and independence. More than just an assistive technology company, Evox is building a movement focused on restoring dignity, confidence, and freedom for individuals with mobility challenges.

    Operating in the rapidly growing assistive mobility and healthcare innovation sector, Evox is redefining what mobility solutions should represent. The company believes that disability is not inability — the real challenge lies in inaccessible environments, lack of awareness, and limited access to reliable mobility support. Through thoughtfully designed electric wheelchairs and mobility solutions, Evox aims to bridge the gap between people and possibilities.

    At the heart of Evox’s mission is a simple but powerful belief: mobility is not a luxury; it is a basic human right.

    Across India, millions of elderly individuals, people with disabilities, and those recovering from injuries struggle daily with dependence and restricted movement. While technology has evolved in many industries, assistive mobility often remains overlooked, expensive, or designed without considering the emotional and practical realities of users. Evox seeks to challenge that approach by creating products designed with empathy, not just engineering.

    Every Evox mobility solution is crafted to prioritize user comfort, dignity, independence, and ease of use. The company combines premium quality with practical affordability, ensuring that mobility support is not limited to a privileged few. Beyond product innovation, Evox places strong emphasis on after-sales service and customer care, recognizing that trust and support are critical for users and their families.

    “Our goal is not simply to sell wheelchairs,” said a spokesperson from Evox. “We want to restore confidence, independence, and the ability for people to live life on their own terms. A wheelchair should not symbolize limitation — it should symbolize possibility.”

    What sets Evox apart in the mobility solutions market is its human-centered philosophy. While many companies focus solely on technical specifications, Evox focuses on the lived experiences of individuals navigating daily life with mobility challenges. The company actively listens to users, caregivers, healthcare professionals, and rehabilitation experts to design products that solve real-world problems.

    This vision is especially relevant in a country like India, where conversations around accessibility and independent living are only beginning to gain momentum. From uneven infrastructure to social stigma, mobility challenges extend far beyond physical movement. Evox believes that meaningful change requires not only innovative products but also greater awareness and empathy within society.

    The company is actively investing in digital storytelling, customer success campaigns, and educational initiatives to shift public perception around disability and aging. Through real stories of resilience and empowerment, Evox aims to inspire conversations about inclusion, accessibility, and equal opportunity.

    For caregivers and families, mobility solutions often become deeply emotional decisions. Dependence can impact not only physical well-being but also mental health, self-esteem, and overall quality of life. Evox understands this emotional dimension and strives to create solutions that empower both users and their support systems.

    Healthcare institutions and rehabilitation centers are also becoming increasingly important partners in Evox’s mission. By collaborating with hospitals, therapists, and care providers, the company hopes to create a broader ecosystem that supports independent living and long-term mobility care.

    As part of its long-term vision, Evox aims to become India’s most trusted electric wheelchair brand while expanding globally as a premium mobility solutions provider. The company plans to continue innovating in assistive technology and developing products that adapt to evolving user needs.

    However, for Evox, growth is not measured solely by market share or revenue. Success is measured by impact  the ability to help someone step outside independently, reconnect with society, regain confidence, or simply move through daily life with dignity.

    The company’s message is clear: the problem is not the person; it is the environment society has built around them. With the right support, technology, and accessibility, every individual deserves the freedom to live fully and independently.

    As India moves toward a more inclusive future, Evox hopes to stand at the forefront of that transformation  proving that assistive technology is not merely about movement, but about empowering human potential.

    With empathy-driven innovation, meaningful storytelling, and a commitment to accessibility, Evox is not just creating mobility products. It is helping build a world where independence, dignity, and inclusion are within everyone’s reach.

    Visit for More Information Website: https://blog.shopevox.com/

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  • Patel Retail Limited Caps FY26 with a Spectacular 55% PAT Surge to Rs 39.05 Cr; PAT Margins Expand by 63 BPS

    Patel Retail Limited Caps FY26 with a Spectacular 55% PAT Surge to Rs 39.05 Cr; PAT Margins Expand by 63 BPS

    Mumbai (Maharashtra) [India], May 26: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, announced its audited Financial Results for Q4 FY26 & FY26.

    Key Financial Highlights

    FY26 Financial Highlights

    • Total Income of ₹ 1,059.29 Cr, YoY growth of 28.25%
    • EBITDA of ₹ 83.08 Cr, YoY growth of 33.07%
    • EBITDA Margin of 7.84%, YoY expansion of 28 Bps
    • PAT of ₹ 39.05 Cr, YoY growth of 54.48%
    • PAT Margin of 3.69%, YoY expansion of 63 Bps
    • EPS of ₹ 13.03, YoY growth of 26.50%

    Q4 FY26 Financial Highlights

    • Total Income of ₹ 339.55 Cr, YoY growth of 53.35%
    • EBITDA of ₹ 22.74 Cr, YoY growth of 31.21%
    • EBITDA Margin of 6.70%, YoY decline of (113) Bps
    • PAT of ₹ 9.98 Cr, YoY growth of 39.07%
    • PAT Margin of 2.94%, YoY decline of (30) Bps
    • EPS of ₹ 2.99, YoY growth of 3.82%

    Commenting on the performance, Mr. Rahul Patel, Chief Executive Officer of Patel Retail Limited, said, “We are pleased with the strong operational momentum witnessed during the quarter, supported by healthy demand trends, efficient execution, and continued retail expansion across key markets. During the period, we achieved important milestones with the launch of our 50th store in Thakurli and 51st store in Rasayani, further strengthening our presence and customer accessibility across the Mumbai Metropolitan Region.

    Our export business also continues to gain traction across international markets, reflecting increasing acceptance of our product quality, competitive positioning, and diversified offerings. At the operational level, we remain focused on strengthening private label contribution, improving supply chain efficiencies, and enhancing productivity through backward integration initiatives.

    Going forward, we remain committed to expanding our retail footprint, improving operational efficiencies, strengthening exports, and driving sustainable growth through disciplined execution and customer-focused strategies.”

    Commenting on the performance, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, said, “FY26 has been one of the strongest years in the company’s journey, marked by robust revenue growth, improved profitability, and continued business expansion across key verticals. The strong performance reflects the strength of our diversified business model, disciplined execution, and our ability to capitalize on emerging growth opportunities.

    During the year, we continued to strengthen our market presence through strategic expansion initiatives, deeper customer engagement, and a sharper focus on value-added product categories. Our consistent efforts towards improving operational efficiencies, enhancing private label contribution, and expanding our product portfolio have supported both growth and profitability.

    Looking ahead, we remain optimistic about the long-term growth outlook for the company. With a strong expansion pipeline, growing export opportunities, improving product mix, and continued focus on innovation and operational discipline, we are confident of sustaining healthy growth momentum and creating long-term value for all stakeholders.”

    Key Operational Highlights 

    Retail Expansion – 50th Store Launch in Thakurli, Mumbai (MMR Milestone) Achieved key milestone with launch of 50th Patel’s R Mart store in Thakurli, MumbaiStrategically located in a densely populated residential catchment to drive strong footfallsOffers comprehensive range of groceries, daily essentials, and household productsStrengthens presence in high-growth suburban micro-markets within MMRReinforces Company’s position as a rapidly scaling value retail chain in the region
    Retail Expansion – 51st Store Launch in Rasayani, Raigad (MMR Penetration)

    Expanded network with launch of 51st store in Rasayani, Khalapur, Raigad districtStrengthens footprint in semi-urban and emerging markets within MMR regionEnhances accessibility to organised retail in high-potential residential clusters Continues focus on proximity-based expansion to drive customer convenience 
    Export Operations – DGFT Authorization for Wheat Flour & Related Products Received export authorization from the Directorate General of Foreign Trade (DGFT), Government of India. Approved to export wheat flour and related products across international markets. Strengthens the company’s export capabilities and global market presence. Reflects compliance with international quality and regulatory standards. Backed by a strong manufacturing infrastructure and an established export track record

    About Patel Retail Limited

    Patel Retail Limited is a leading name in value-driven retail and integrated food processing in India. Headquartered in Ambernath, Mumbai, with operations across the MMRDA region, the company combines modern retail formats with backward integration in agri-processing to ensure quality, cost efficiency, and supply reliability. It also extends its reach through a mobile application that connects customers to their nearest store and offers free home delivery. 

    Patel Retail has built a strong portfolio of products through its in-house brands – Indian Chaska for spices and flavourings, Patel Fresh for pulses, nuts, and dry fruits, and Patel Essential for household and cleaning products. Supported by food processing units in Dudhai, Gujarat, and a facility in Ambarnath MIDC, along with a current network of 51 stores, the company maintains strict quality and safety standards while delivering value across its product categories. 

    With an expanding footprint in Thane, Raigad, and Palghar District, Patel Retail has steadily strengthened its presence in suburban and emerging urban markets. This growth momentum culminated in its successful Initial Public Offering in August 2025, with the company’s shares listed on the BSE and NSE on August 26, 2025, marking an important milestone in its journey of scale, trust, and customer centricity.

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  • Andaman Travel Care Recognized for Customized Andaman Tour Packages and Honeymoon Travel Experiences

    Andaman Travel Care Recognized for Customized Andaman Tour Packages and Honeymoon Travel Experiences

    Premium Andaman Tour Packages & Honeymoon Experiences in Andaman & Nicobar Islands

    Port Blair (Andaman & Nicobar Islands) [India], May 26: AndamanTravelCare, a certified member of the Andaman Association of Tour Operators (AATO) and approved by the Andaman Tourism Department, has strengthened its position as a trusted provider of customized Andaman tour packages, honeymoon experiences, private island tours, and complete travel solutions across the Andaman and Nicobar Islands.

    Based in Port Blair, AndamanTravelCare specializes in personalized travel planning for families, couples, honeymooners, corporate groups, and international tourists. With over 10 years of experience in Andaman tourism, the company combines local expertise, transparent pricing, and reliable on-ground support to deliver seamless island travel experiences.

    “Our goal is to make Andaman travel simple, transparent, and memorable for every guest,” said a spokesperson for AndamanTravelCare. “We handle everything from ferry coordination to hotels, sightseeing, and honeymoon arrangements so travelers can enjoy a stress-free journey.”

    Trusted Credentials and Customer Confidence

    AndamanTravelCare is a government-licensed tour operator and official AATO member certified by the Andaman Tourism Department.

    The company has earned:

    • 500+ verified 5-star reviews across Google, TripAdvisor, and Facebook
    • 5.0 average customer rating
    • 40% repeat customer rate
    • Tripadvisor Travelers’ Choice Awards 2025 & 2026

    These recognitions highlight its strong reputation in customized Andaman tour packages and honeymoon travel services.

    Customized Andaman Tour Packages

    AndamanTravelCare offers fully customizable Andaman tour packages ranging from 4 nights to 7+ nights. Each itinerary is designed based on budget, hotel preference, travel style, and activity selection.

    Package Categories:

    • Budget Packages (₹11,900–₹16,000 per person): Affordable stays, transfers, sightseeing, and essential travel support
    • Mid-Range Packages (₹16,000–₹26,000 per person): Sea-view hotels, meals, water sports, and upgraded travel experiences
    • Luxury Packages (₹28,000+ per person): Beach resorts, private drivers, yacht experiences, candlelight dinners, and premium services

    Each package includes hotels, private transportation, ferry coordination, guided sightseeing, water sports assistance, and 24/7 customer support.

    Premium Andaman Honeymoon Packages

    AndamanTravelCare is widely recognized for its romantic Andaman honeymoon packages designed for couples seeking privacy, comfort, and unforgettable experiences.

    Honeymoon inclusions may feature:

    • Candlelight beach dinners
    • Sunset cruises
    • Flower bed decoration
    • Ocean-view resort stays
    • Private beach experiences
    • Couple photography sessions

    These packages are designed to offer stress-free romantic holidays across the Andaman Islands.

    Local Expertise and On-Ground Support

    With its operational base in Port Blair, AndamanTravelCare provides strong local support and real-time travel coordination.

    The company works with verified:

    • Hotels and resorts
    • Ferry operators
    • Water sports providers
    • PADI-certified diving partners
    • Local transport services

    This ensures smooth inter-island travel across Havelock Island, Neil Island, North Bay, and Port Blair.

    Popular Andaman Destinations Covered

    Travel packages include top destinations such as:

    • Radhanagar Beach
    • Elephant Beach
    • Cellular Jail National Monument
    • Ross Island
    • North Bay Island
    • Havelock Island
    • Neil Island
    • Natural Bridge

    Travel Experiences Offered

    AndamanTravelCare provides a wide range of travel experiences including:

    • Scuba diving and snorkeling
    • Sea walking and glass-bottom boat rides
    • Island hopping tours
    • Heritage and cultural tours
    • Beach holidays and relaxation packages
    • Adventure water sports
    • Honeymoon travel experiences

    Best Time to Visit Andaman

    The best time to visit Andaman is October to May, when weather conditions are ideal for sightseeing, water sports, and inter-island travel. The company assists travelers in planning trips based on seasonal conditions and ferry availability.

    Transparent Pricing and Personalized Planning

    A key strength of AndamanTravelCare is its transparent pricing model. Travelers receive clear breakdowns of hotel costs, ferry tickets, transport, and activities.

    Customers can customize:

    • Hotel categories
    • Travel duration
    • Activities
    • Meal plans
    • Honeymoon inclusions
    • Transport options

    About AndamanTravelCare

    AndamanTravelCare is a Port Blair-based, government-licensed tour operator specializing in customized Andaman tour packages, honeymoon packages, private island tours, hotel bookings, ferry coordination, and travel experiences. As a certified AATO member and Andaman Tourism Department-approved company, it focuses on delivering transparent pricing, local expertise, and personalized travel services.

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