Category: Business

Surat (Gujarat) [India], June 17: ArcelorMittal Nippon Steel India (AM/NS India) today announced the launch of Zagnelis® Protect, a premium Zinc–Aluminium–Magnesium coated steel brand designed for high-performance automotive applications.

Proven across European markets, ArcelorMittal’s patented Zagnelis® Protect coatings mark a first of its-kind manufacturing capability in India, which is the world’s third largest automotive producer. Until now, steel products of comparable technological capability and quality were entirely imported. With this launch from Chennai in the presence of a group of key customers, ArcelorMittal Nippon Steel India has become the first company to introduce a high-quality, premium Zinc–Aluminium–Magnesium coated steel brand for automotive applications, strengthening its technology leadership.

With automotive manufacturers increasingly focused on durability, performance, safety, and manufacturing consistency to become more competitive in both domestic and global markets, the world class, high performance automotive steel brand Zagnelis® Protect will enable them benefit from shorter lead times, consistent quality, and improved supply assurance.

The initial application of Zagnelis® Protect will be in motor cups – critical enclosures for direct-current motors used in windows, mirrors, wipers, and seats. With each car deploying 20 – 30 such motors, this product delivers immediate value through improved performance.

Currently, an estimated 8–10% of critical automotive steel grades used in India are imported, largely due to coating and metallurgical complexity. With India producing over 30 million vehicles annually across segments and automotive demand shifting towards higher-quality, corrosion-resistant and lightweight materials, the localisation of advanced coated steels will play a critical role in the sector’s next phase of growth.

Commenting on the launch, Mr. Ranjan Dhar, Director & Vice President – Sales & Marketing, ArcelorMittal Nippon Steel India (AM/NS India), said,

“The launch of Zagnelis® Protect reflects our commitment to advancing the nation’s automotive manufacturing capabilities through high-quality and high-performance steel solutions. This marks a significant step towards supporting a globally competitive automotive ecosystem. We are expanding our portfolio of value-added steel solutions in line with our brand promise, ‘Smarter Steels, Brighter Futures’. As India focuses on technology-led automotive manufacturing, access to advanced steel becomes critical. Supported by the unparalleled technology and expertise of our parent companies, ArcelorMittal and Nippon Steel, we are making this world-class, import-substitute product available domestically. This will enable automotive companies to meet global standards while contributing meaningfully to the Aatmanirbhar Bharat vision.”

Globally, Zagnelis® Protect coatings are recognised for delivering significantly higher corrosion resistance than conventional galvanised (GI) coatings, particularly at cut edges, hem flanges, and formed areas, where automotive components typically corrode first. The new brand offers exceptional corrosion resistance, self-healing protection, outstanding drawability, and reliable weldability. Domestic production will improve supply chain efficiency and quality consistency, helping customers strengthen both operational performance and competitive advantage.

While the launch began with an initial focus on motor cups, Zagnelis® Protect is engineered for a broad spectrum of automotive applications as well, including chassis parts, door inner panels, hood/bonnet inner panels, and decklid/tailgate inner panels.

The unveiling of the patented product brand comes at a time when India’s automotive industry has reached a historic scale, with passenger vehicle sales exceeding about 4.7 million units in FY2025–26, making India one of the world’s largest automotive markets and a growing export hub.

The launch builds on ArcelorMittal Nippon Steel India’s strategy of indigenising advanced steel solutions, following the introduction of ArcelorMittal’s two patented products – Magnelis® for renewable energy and infrastructure; and Optigal®, a high quality colour coated steel for roofing, cladding, pre engineered buildings, and architectural applications.

These indigenisation efforts are part of AM/NS India’s broader ₹60,000-crore expansion project at Hazira, which includes the development of upstream, downstream, and enabling infrastructure to support next-generation automotive and value-added steel manufacturing in India.

New Delhi [India], June 17: Yellow Slice, the leading provider of user experience and design services, today announced its partnership with UserTesting, the leading provider of customer insights for the enterprise.,. This partnership will allow Yellow Slice to offer its clients enhanced user feedback services, providing insights into how their products and services are used and perceived by their target audience.

“We are delighted to partner with UserTesting to bring our clients even more valuable insights into the user experience, “ said Kishor Fogla (CEO of Yellow Slice). By incorporating UserTesting’s cutting-edge feedback technology into our services, we will be able to help our clients create better products and services for their customers.”

— Kishor Fogla, CEO, Yellow Slice

UserTesting offers a fast, cost-effective way to get feedback from real users on any website, mobile app, or product. With UserTesting, businesses can see and hear exactly what users do and think as they use their products, and use these insights to improve their customer experience.

Spokesperson sample comment below – 

“We are proud to partner with Yellow Slice, one of India’s leading user experience and design service providers. By bringing together Yellow Slice’s expertise in user experience and design with UserTesting’s customer insights solution, businesses in India will be able to make informed decisions to improve their customer experience and drive business success.”

— Paul North , General Manager APAC, UserTesting

About Yellow Slice

Yellow Slice is one of India’s leading strategic UX/UI design consultancies. With 18+ years of experience, a 100+ member team, and 2,000+ projects delivered for brands like NPCI, Airtel, Bajaj Finserv, Tata, and MakeMyTrip, Yellow Slice has revolutionised the consumer experience with ingenious UX/UI interventions. With measurable parameters and scalable opportunities for businesses, Yellow Slice is the industry leader in UX design,UX Research, UX Audits, UX Writing, UI Design, SVG Animations, Motion Graphics, Interface Design, and Front-end Development. Learn more about Yellow Slice at www.yellowslice.in.

About UserTesting

UserTesting is the leading customer insights solution, enabling organizations to make confident decisions by understanding how real people experience their products, services, and ideas. The company’s AI-powered platform provides on-demand access to diverse perspectives through a global participant network and flexible recruitment options. UserTesting delivers end-to-end capabilities from participant recruitment through AI-driven insight generation, helping design, product, marketing and research teams make better, smarter decisions, improve stakeholder alignment, and drive measurable business outcomes.

Learn more at www.usertesting.com.

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New Delhi [India], June 17: Different investments tend to perform differently across market cycles. As a result, many investors are increasingly looking at approaches that combine multiple investment factors rather than relying on a single pattern of investing. 

For investors seeking a structured approach to long-term wealth creation, PNB MetLife has launched the PNB MetLife Multifactor Index Fund at an initial Net Asset Value (NAV) of ₹10 for proposals applied from 15 June to 29 June 2026 and issued on 30th June beyond which prevailing NAV will be applied. The new fund offers structured exposure to a customised index based on the NSE Nifty500 Multifactor MQVLv 50 Index, enabling investors to participate in a portfolio built using four investment factors: Momentum, Quality, Value and Low Volatility.

The fund follows a passive investment approach and aims to replicate the performance of a customised multifactor index created and maintained by NSE for PNB MetLife to meet IRDAI investment norms. By blending multiple factors within a single portfolio, the strategy seeks to reduce reliance on any one investment style while delivering a more balanced investment experience across changing market environments.

The PNB MetLife Multifactor Index Fund is available to existing and new policyholders through select Unit Linked Insurance Plans (ULIPs), combining market-linked investing with life insurance protection.

Benefits of the PNB MetLife Multifactor Index Fund

1. Exposure to Multiple Investment Factors: The fund combines four investment factors- Momentum, Quality, Value and Low Volatility- within a single portfolio, helping investors diversify beyond any one investment style.
2. Diversification Across Market Cycles: By maintaining exposure to multiple factors, the strategy seeks to reduce style risk and support a more balanced investment experience across changing market conditions.
3. Wealth Creation Alongside Life Cover: Available exclusively through ULIPs, the fund combines market-linked wealth creation opportunities with life insurance protection in a single solution.
4. Potential Tax Benefits: Subject to applicable tax laws, maturity proceeds may qualify for tax-free treatment (Zero LTCG Tax) where consolidated annualised ULIP premiums do not exceed ₹2.5 lakh and life cover is 10X the annual premium.
5. Backed by PNB MetLife’s Investment Expertise: While the Multifactor Index Fund follows a passive investment strategy, PNB MetLife’s equity funds have built a reputation for delivering benchmark-beating performance. Several equity funds have also earned 4-star and 5-star ratings from Morningstar3.

This fund can also be availed through our newly launched PNB MetLife Pension Hybrid Solution4, which provides a dependable, lifelong income to ensure our customers are ‘Always Ready For Life’.

Who Should Invest?

Disclaimer: The fund carries a very high risk classification due to its equity exposure and may not be suitable for conservative investors

The PNB MetLife Multifactor Index Fund may be considered by investors who:

● Seek long-term equity exposure through a diversified investment approach
● Are comfortable with market-linked returns and equity market volatility
● Want life insurance protection alongside long-term wealth creation and have an investment horizon of five years or more

The PNB MetLife Multifactor Index Fund is available through select PNB MetLife ULIP plans via the company’s official website (www.pnbmetlife.com) and offline distribution channels.

DISCLAIMER: 

1. PNB MetLife Multifactor Index Fund (SFIN: ULIF04015/04/26MULTIFACTF117) 

2. In this policy, the investment risk in investment portfolio is borne by the policyholder. The Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year. Linked insurance products/ annuity products with variable annuity pay-out option are different from the traditional insurance products and are subject to the risk factors. The premium paid in linked insurance policies are subject to investment risks associated with capital markets and publicly available index. The NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market/publicly available index and the insured is responsible for his/her decisions. PNB MetLife India Insurance Company Ltd is only the name of the Life Insurance Company and its various insurance plans are only the name of the linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. 

3. Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. 

4. This solution is a combination of two individual and separate products named (1) PNB MetLife Grand Assured Income Plan (An Individual, Non-Linked, Non-Participating, Deferred Annuity Product) – UIN:117N134V09 and (2) PNB MetLife Smart Platinum Pro (Individual, Unit Linked, Non-Participating, Saving, Life Insurance Plan) – UIN:117L142V02

About PNB MetLife India Insurance Company Limited:

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India that combines the financial strength of MetLife, Inc. with the credibility of PNB, one of the India’s oldest nationalized banks. PNB MetLife’s positioning, Always Ready for Life, is demonstrated through empowering every individual to lead their life with absolute confidence.

With a strong presence in 182 offices and access to customers in over 20,000 locations through bank partnerships, PNB MetLife offers a comprehensive insurance solutions portfolio covering Child Education, Family Protection, Long-Term Saving and Retirement. The Company has a wide range of protection and retirement plans available through its sales channel of over 40,000 financial advisors and multiple bank partners and caters to over 585 group relationships in India.

For more information, follow us on: 

Facebook – www.facebook.com/PNBMetLife

Instagram – https://www.instagram.com/pnb_metlife 

visit – https://www.pnbmetlife.com/

Disclaimer: The fund carries a very high risk classification due to its equity exposure and may not be suitable for conservative investors

New Delhi [India], June 17: For decades, the Pimpri-Chinchwad Municipal Corporation (PCMC) region was synonymous with manufacturing excellence and automotive production. Home to some of India’s leading industrial establishments, the region built its reputation as one of Maharashtra’s most significant industrial hubs. Today, however, PCMC is undergoing a remarkable transformation, evolving into a dynamic mixed-use economic hub that is attracting investors, businesses, and homebuyers alike.

Infrastructure and Economic Expansion Fueling Growth

The transformation of PCMC is being driven by a strong combination of infrastructure development, economic diversification, and urban expansion. While manufacturing continues to be a key pillar of the local economy, the region has witnessed substantial growth in IT parks, engineering companies, logistics centres, warehousing facilities, and MSMEs over the past few years.

Its strategic location further strengthens its investment appeal. Situated at the intersection of Pune city, the Mumbai-Pune corridor, and several major industrial zones, PCMC offers seamless connectivity for businesses and residents. The expansion of the Pune Metro, improved road networks, and easy access to the Mumbai-Pune Expressway have significantly enhanced mobility, making the region increasingly attractive for commercial and residential development.

Simultaneously, localities such as Moshi, Ravet, Punawale, Tathawade, and Pradhikaran have witnessed rapid residential growth. Large integrated townships, modern housing projects, educational institutions, healthcare centres, and retail developments have transformed these micro-markets into thriving urban communities. As population density and disposable incomes continue to rise, demand for commercial spaces, retail outlets, office developments, and mixed-use projects has followed suit.

Strong Investment Potential and Long-Term Returns

The growth story of PCMC is also reflected in its real estate performance. Over the past three to five years, several micro-markets within the region have recorded healthy capital appreciation, driven by infrastructure upgrades and sustained end-user demand. Compared to Pune’s established commercial districts, PCMC continues to offer relatively competitive entry prices while presenting significant potential for long-term value appreciation.

This combination of affordability, connectivity, and economic activity is increasingly drawing the attention of investors seeking the next high-growth destination within the Pune Metropolitan Region.

According to Akash Pharande, Managing Director of Pharande Spaces, the region’s growth trajectory is supported by multiple structural drivers.

“PCMC has evolved far beyond its traditional identity as an industrial and manufacturing hub. Today, it represents a well-rounded growth ecosystem supported by infrastructure development, strong residential demand, expanding business activity, and excellent connectivity. The emergence of vibrant residential communities has naturally accelerated demand for commercial and retail spaces. With sustained investments in infrastructure and economic development, we believe PCMC is poised to become one of the most attractive real estate investment destinations in Western India over the coming decade,” says Akash Pharande.

As Pune continues to expand beyond its traditional growth centres, PCMC stands at the forefront of the city’s next chapter. Its unique blend of industrial strength, urban development, and investment potential is positioning the region as one of the most promising real estate markets for both businesses and investors.

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The company’s IPO will open on June 18 and close on June 22, 2026

Ahmedabad (Gujarat) [India], June 17: Ahmedabad-based ‘Riyaasat Lifestyle Limited’ is a company engaged in the sale of ethnic wear for men and women. The company is bringing an IPO on the BSE SME platform to raise funds for the proposed capital expenditure for establishing 4 new showrooms, meeting working capital requirements, and general corporate purposes. The team of Business Remedies has obtained information regarding the company’s business activities from the company’s prospectus.

Information Regarding the IPO: The IPO of ‘Riyaasat Lifestyle Limited’ will open on June 18 and close on June 22, 2026, on the BSE SME platform. The company will issue 28,48,800 equity shares of face value Rs. 10 each through the book-built issue process at a price band of Rs. 102 to Rs. 108 per share and raise approximately Rs. 30.77 crore. The market lot size of the IPO is 1,200 shares, and retail investors will be required to apply for 2 lots. The IPO is being managed by the lead manager company Mark Corporate Advisors Private Limited.

Business Activities: Incorporated in October 2021, Riyaasat Lifestyle Limited offers ethnic apparel for men and women. Under its brand, the company presents a collection of kurtas, pyjamas, sherwanis, Jodhpuris, lehengas, and gowns, each designed as a symbol of celebration and fashion. Every garment is made from premium materials for comfort and durability.

The company launched its first EBO in Ahmedabad on October 23, 2021. EBOs enhance brand visibility and provide a consistent, personalized shopping experience, aligned with the company’s vision and business objectives.

Currently, the company operates 6 EBOs across Gujarat and Maharashtra, with store sizes ranging from 1,790 to 9,419 square feet. These stores reflect the company’s brand ethos and offer a premium retail experience.

The company sells its products through its website www.riyaasat.in and online marketplaces including Pernia’s Pop-up. The company sources products from premium weavers across 6 states and carries out finishing at its Mumbai-based workshop. The company prepares and supplies garments according to customer demand and preferences. The company plans to establish 4 new stores in Mumbai, Surat, Hyderabad, and Bengaluru. The company offers products across more than 10 categories of ethnic wear.

Financial Performance: In Financial Year 2023, the company earned operating revenue of Rs. 20.93 crore and profit after tax of Rs. 1.32 crore. In Financial Year 2024, the company earned operating revenue of Rs. 22.88 crore and profit after tax of Rs. 4.08 crore. In Financial Year 2025, the company earned operating revenue of Rs. 24.80 crore and profit after tax of Rs. 4.87 crore.

For the period ended January 31, 2026, in Financial Year 2026, the company earned operating revenue of Rs. 27.87 crore and profit after tax of Rs. 4.29 crore. For the period ended January 31, 2026, in Financial Year 2026, the company earned a profit after tax margin of approximately 15.40 percent.

IPO Highlights- Riyaasat Lifestyle Ltd
IPO Opens on	June 18, 2026
IPO Closes on	June 22, 2026
Issue Price Band	Rs. 102 – 108 Per Share
Issue Size	28,48,800 shares – up to Rs. 30.77 crore
Lot Size	1,200 Shares
Listing on	BSE SME Platform

Note: This article is not investment advice.

Mumbai (Maharashtra) [India], June 16: Unihealth Hospitals Limited (NSE: UNIHEALTH | INE0PRF01011), an integrated healthcare services provider listed on NSE Emerge, today announced that it proposes to increase its stake in Victoria Hospital Limited (“Victoria Hospital”), a healthcare company incorporated in Uganda, through a strategic share-swap arrangement with the existing shareholders of Victoria Hospital. 

Unihealth presently holds 50% equity in Victoria Hospital Limited, with the remaining 50% being held by its partners based in Uganda. Under the proposed transaction, Unihealth intends to acquire additional ordinary shares of Victoria Hospital Limited from its partners by issuing equity shares of Unihealth to them. 

The transaction shall be undertaken through a share exchange mechanism wherein the sellers will transfer their equity shares in Victoria Hospital Limited to Unihealth and, in consideration thereof, Unihealth shall issue its equity shares to the sellers. The share exchange ratio and the number of equity shares to be issued shall be determined based on independent valuation reports and shall be subject to applicable regulatory approvals and customary closing conditions. 

Strategic Rationale of the Transaction 

The proposed acquisition represents an important milestone in Unihealth’s strategy of building an integrated healthcare delivery platform across emerging markets, with a focus on Africa as a high-growth healthcare opportunity. 

Victoria Hospital Limited is a strategically important healthcare asset in Uganda and has demonstrated strong operational performance, financial growth and profitability. The proposed increase in ownership will enable Unihealth to further align strategic objectives, enhance operational integration and participate more significantly in the future growth potential of the hospital. 

Victoria Hospital Limited has delivered robust financial performance during FY 2025-26, reflecting strong demand for quality healthcare services and operational efficiencies. During FY 2025-26, Revenue increased to ₹114.47 cr., compared to ₹ 85.99 cr. in the previous year, representing strong year-on-year growth. Its profit after tax (PAT) increased to ₹43.63 cr., compared to ₹25.81 in the previous year. 

The proposed increase in ownership of Victoria Hospital Limited is expected to provide several strategic and financial benefits to Unihealth. Once completed, this transaction will allow enhancement of consolidated profitability for the Company attributable to its equity shareholders. The transaction is expected to support improved earnings visibility, enhanced operating leverage and greater participation in future expansion opportunities. 

The proposed transaction structure allows Unihealth to increase its strategic ownership without immediate deployment of substantial cash resources. The share-swap mechanism enables preservation of liquidity, continued investment in growth initiatives and alignment of interests between Unihealth and the Selling Shareholders. 

The transaction supports Unihealth’s long-term objective of developing a scalable healthcare platform across Africa by combining established hospital infrastructure, clinical expertise, healthcare management capabilities and regional market knowledge and positions Unihealth to capitalise on increasing healthcare demand in emerging markets. 

Victoria Hospital Limited, operating under the UMC Victoria Hospital brand in Kampala, Uganda, has established itself as a leading tertiary care centre offering a comprehensive range of specialized and super-specialty healthcare services. The hospital is recognized for its advanced capabilities in Spine, Orthopaedics & Joint Replacement, Oncology, Nephrology & Dialysis, Gastroenterology, Cardiology & Cardiac Care, Critical Care, Internal Medicine, General & Laparoscopic Surgery, Obstetrics & Gynaecology, IVF, Paediatrics and advanced Diagnostic Services. As part of its continued commitment to bringing world-class healthcare technology to East Africa, the hospital is also in the process of introducing advanced ophthalmology and neurosurgical equipment to develop Eye Care and Neurosciences services in the coming months, further strengthening its position as a regional centre of excellence for complex and specialized medical care. The Company recently commissioned its 30-bedded facility in Entebbe and intends to expand its network of clinics and secondary care facilities across the country in the coming 12 months, increasing its footprint and consolidating its position as a premier healthcare provider in Uganda.

Top of Form Commenting on the proposed transaction, Dr. Akshay Parmar, Founder and Managing Director of UniHealth Hospitals Limited said, “Unihealth has always focused on creating sustainable healthcare platforms in high-growth markets. Increasing our stake in Victoria Hospital Limited is a strategic step towards strengthening our international healthcare presence and consolidating our position in Uganda.  Victoria Hospital has demonstrated strong operational performance, with significant growth in revenue, profitability and net assets. This transaction will enable Unihealth to participate more meaningfully in the future growth of this healthcare asset while maintaining financial discipline through a share-swap structure. We remain committed to delivering quality healthcare services and creating long-term value for our patients, employees, stakeholders and shareholders.”Bottom of Form

Unihealth Hospitals Limited

Founded in Mumbai in 2010, Unihealth Hospitals Limited is an integrated healthcare platform focused on delivering affordable, accessible, and high-quality healthcare services across India and East Africa. The Company operates across multiple healthcare verticals, including hospital operations, healthcare consultancy, pharmaceutical and consumables exports, and medical value travel.

Through the Unihealth–UMC Hospitals network, the Company combines Indian clinical expertise, global healthcare standards, and localized partnerships to create a scalable healthcare ecosystem serving diverse patient populations across emerging markets.

Driven by its mission of “Healthcare for All,” Unihealth continues to expand its healthcare footprint while creating long-term value for patients, communities, healthcare professionals, and shareholders.

The Company was listed on NSE Emerge in September 2023.

For FY26, the Company reported consolidated Total Income of ₹137.01 Cr, EBITDA of ₹58.82 Cr, and Net Profit attributable to the equity shareholders of the Company of ₹25.83 Cr.

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Bengaluru (Karnataka) [India], June 16: As Bengaluru’s real estate sector evolves on the back of global capital flow, new-age technology-backed business operations, and contemporary ownership models, the traditional ways of investing in property are waning. Shedding light on the current and forthcoming trends in the real estate sector on June 15 for the premiere edition of Dealclave – an especially curated event designed to initiate conversations to help shape the sector’s future.

A brainchild of Himanshu Kumar, Founder and CEO of Leadrat and a real estate entrepreneur, the premiere edition of DealClaves saw the who’s who of the real estate sector, including developers, brokers, investors, PropTech founders, and business leaders, etc.,under one roof. A first-of-its-kind event underscored how each focus group plays a crucial role in contributing to the industry’s growth.

The evening’s discussions focused on two crucially relevant themes in the sector – the rise of tokenization and fractional ownership, and Bengaluru’s next wave of growth corridors. As investment models are quickly progressing and ownership in real estate is diversifying, industry leaders are viewing how harnessing technology can provide more opportunities for ownership while improving cash flow and transparency. Simultaneously, development has shifted focus from well-served micro-markets. Areas including North and Airport Belt, Sarjapur Road, Whitefield and Outer Ring Road, and the Tumkur Road-Peripheral Ring Road corridor are seeing rising attention from both developers and investors.

Speaking about the leadership forum, Himanshu Kumar, Founder, DealClave, said, “Over the years, we’ve seen developers, brokers, investors, and founders operate in parallel, but seldom together. With dealclave, we aimed at creating a room filled with thoughtful conversations between the people who are mindfully shaping the future of the real estate sector. As the industry is becoming increasingly dynamic for one to navigate alone, brainstorming together about a roadmap to overcome hurdles and unlock opportunities is the need of the hour.”

Notable industry leaders like Navin Dhanuka, Director ArisUnitern, Preenand Premchandran, CEO Hebron, Anirban Ghosh, Senior VP Bren of Elegance Enterprises, and entrepreneur and prominent comedian speaker Anmol Garg, also known as Corporate Babamarked their esteemed presence at the event. The event concluded with an exclusive stand-up comedy session following the discussions.

Beyond a single evening, dealclavewill be a continued leadership network aimed at nurturing deeper conversations on innovation, market intelligence, cross-border opportunities, developer-broker collaboration and the rising role of technology in real estate.

The initiative is inspired by insights from Leadrat’s network of over 1,500+ real estate businesses in India and the UAE, underscoring an ecosystem that facilitated over US$5 billion in transaction activity in FY 2025-26.

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New Delhi [India], June 16: The memecoin sector is entering a very different phase from previous market cycles.

For years, meme projects depended almost entirely on viral momentum and short-term speculation. While community culture still remains central to the space, traders are increasingly demanding stronger utility and more interactive participation systems.

That shift is helping a new category of AI memecoin ecosystems gain momentum.

MemeToro is positioning itself directly within that emerging trend by combining creator infrastructure, AI-powered trading tools, and prediction systems into one participation-focused ecosystem.

Meme Coins Are Moving Beyond Pure Speculation

The broader meme economy is becoming more utility driven.

Instead of relying only on hype cycles, newer projects are increasingly building infrastructure around:

• creator participation
• AI-assisted trading
• social finance systems
• prediction markets
• automated narrative discovery

This transition is changing how traders interact with meme assets altogether.

Projects capable of combining culture with functionality are increasingly attracting stronger attention than purely speculative meme tokens.

MemeToro Presale Continues Building Momentum

The current Stage 2 crypto presale remains active at $0.00139 before increasing to $0.00154 during Stage 3.

The project has already raised over $44,100 and reached 56.76% completion toward its current funding target.

As meme finance continues evolving toward creator participation and AI-powered infrastructure, ecosystems combining culture, utility, and social engagement may become some of the most closely watched sectors throughout the next crypto cycle.

MemeToro Uses AI To Navigate Viral Market Trends

MemeToro’s AI systems continuously monitor meme narratives, social engagement, trading sentiment, and wallet activity across crypto communities.

The platform is designed to help users identify emerging opportunities before broader retail participation fully accelerates.

At the same time, MemeToro allows users to create memecoins directly through integrated launch infrastructure without advanced blockchain experience. This creator-focused approach lowers participation barriers while helping users engage directly with fast-moving meme narratives.

The broader goal is building an ecosystem where creation, discovery, and participation all exist inside one environment.

Prediction Markets Add a Social Finance Layer

One of the platform’s strongest utility narratives is its growing prediction market infrastructure.

Users can participate in prediction systems tied to crypto trends, sports outcomes, economic developments, and internet narratives using either $MT or USDC. This creates a more interactive ecosystem where engagement itself becomes part of the value proposition.

The roadmap also includes integrated swaps, staking systems, affiliate participation, and plans for a dedicated MemeToro blockchain optimized for AI-assisted meme trading and high-frequency social finance activity.

Meanwhile, the $MT token powers ecosystem rewards, staking participation, prediction functionality, and trading access across the platform.

MemeToro Roadmap Continues Expanding

The project’s roadmap spans roughly 24 months and includes more than 15 planned products and ecosystem expansions.

Upcoming development goals include:

• expanded AI trading infrastructure
• prediction market growth
• staking enhancements
• integrated swaps
• a dedicated MemeToro blockchain optimized for high-frequency meme activity

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/ 

X: https://x.com/memetoro_mt 

Telegram: https://t.me/memetoro_mt 

Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.

All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.

Crypto Press Release Distribution by BTCPressWire.com

Mumbai (Maharashtra) [India], June 16: Repono Limited (BSE- REPONO | 544463 | INE15WN01014), a leading Operations and Maintenance (O&M) and 3PL company in the petroleum and petrochemical sector, today announced the signing of a landmark, long-term agreement with Reliance Industries Limited (RIL) for a greenfield petrol, diesel and ethanol storage terminal in western Uttar Pradesh. 

The 20-year contract is a multi-crore engagement under which Repono will undertake the complete lifecycle of a large-scale, greenfield, rail-fed Petroleum Oil (POL) terminal in western Uttar Pradesh (UP). Reflecting a comprehensive end-to-end scope, Repono will handle the entire Engineering, Procurement and Construction (EPC) phase and subsequently assume complete responsibility for the Operations and Maintenance (O&M) of the asset.

The project will be executed and delivered through Repono’s dedicated Special Purpose Vehicle (SPV), Repono Mathura Terminal Private Limited, a step-down subsidiary of the company.

Strategic Project Highlights & Comprehensive Scope

• End-to-End Asset Lifecycle Management: Repono’s complete scope of work bridges the gap between infrastructure creation and long-term operational excellence:
  • EPC Phase: Delivering total turnkey execution, including advanced civil, mechanical, piping, instrumentation, and electrical engineering, procurement of premium-grade industrial assets, and robust construction to meet world-class safety and environmental standards.
  • O&M Phase: Managing the long-term, daily terminal operations, automated receipt management, quality control, maintenance, and seamless product dispatch over the 20-year tenure and beyond. 
• Advanced Fuel Infrastructure: The proposed facility will be structured as a modern, rail-fed terminal engineered for the automated bulk receipt, storage, and handling of Motor Spirit (MS/Petrol), High-Speed Diesel (HSD), and Ethanol.
• Open-Access Multi-User System: Designed to optimize logistics and regional energy security, the proposed terminal will operate as a multi-user facility catering to RIL while actively providing midstream capacity to other private and Public Sector Undertaking (PSU) Oil Marketing Companies (OMCs).
• Downstream Supply Hub: Once commissioned, the terminal will serve as a critical infrastructure node, directly feeding the rapidly expanding automotive sector and localized industrial zones across Western UP.
• Timeline: Construction and development under the EPC phase will commence immediately, with the highly specialized greenfield asset scheduled to transition into full commercial operations within 36 months.

Strengthening India’s Energy Supply Network

This landmark contract underscores Repono’s technical capabilities in delivering high-stakes energy infrastructure from the ground up. By combining heavy-engineering EPC capability with institutionalized O&M expertise, Repono continues to solidify its footprint as an indispensable partner in strengthening India’s midstream energy supply chain.

Commenting on the development, Mr. Sankalp Bhattacherjee, Chairman Repono Limited said: “Securing a 20-year, multi-crore contract with an industry leader like Reliance Industries is a watershed moment for Repono. This mandate leverages our deep technical O&M expertise in the petroleum and petrochemical segments. By developing a sustainable, multi-user rail terminal through our Mathura SPV, we are bringing a faster, more economical, and eco-friendly energy supply chain to the doorstep of Uttar Pradesh’s automotive and industrial sectors”

About Repono Limited

Repono Limited (The Company, Repono) is a specialized service provider offering 360-degree warehousing and liquid terminal solutions to India’s oil and petrochemical sector. Its services span consultancy, engineering, operations and maintenance (O&M), and value-added services, catering to top public and private sector enterprises.

Repono is a trusted O&M partner in the oil value chain, managing storage assets from crude oil and refined fuels to ethanol, petrochemical warehouses, specialty chemical terminals, and Lube oil plants. Repono has entered in the international market by establish a Joint Venture company in Saudi Arabia.

In FY26, The Company achieved a Total Income of ₹66.45 Cr, EBITDA of ₹ 11.15 Cr & PAT of ₹ 6.58 Cr.

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Mumbai (Maharashtra) [India], June 16: Ducon Infratechnologies Limited (NSE- DUCON | BSE- 534674 | INE741L01018), a global diversified technology EPC company delivering engineering solutions across environmental control, clean energy, infrastructure, and process industries, today announced that its Board of Directors has approved a Rights Issue of equity shares aggregating up to ₹25 Crore.

The Rights Issue is aimed at strengthening the Company’s financial position, enhancing financial flexibility, and supporting its long-term strategic priorities. The issue will be offered to eligible equity shareholders of the Company on a rights basis.

The net proceeds from the Rights Issue are proposed to be utilized for the following purposes:

• Repayment or prepayment, in full or in part, of certain unsecured loans availed by the Company from Mr. Arun Govil, Managing Director and Promoter of the Company – up to ₹9.52 Crore
• Funding incremental working capital requirements – ₹7.36 Crore
• General corporate purposes

The proposed deployment of funds is expected to strengthen the Company’s balance sheet, optimize its capital structure, support operational requirements, and enhance financial flexibility. The Rights Issue will also provide existing shareholders an opportunity to participate in the Company’s future growth journey.

The Company currently has 32,49,25,587 fully paid-up equity shares of face value Re. 1 each. The detailed terms and conditions of the Rights Issue, including the issue price, rights entitlement ratio, record date, and application process, will be specified in the Letter of Offer to be issued in due course.

Commenting on the development, Arun Govil, Chairman & Managing Director of Ducon Infratechnologies Limited said: “The Rights Issue represents an important step in strengthening Ducon’s financial foundation and supporting its long-term strategic priorities. The proposed utilization of proceeds is aligned with our objective of maintaining a prudent capital structure, enhancing financial flexibility, and supporting future business requirements. As we continue to focus on disciplined execution and sustainable growth, we believe this initiative further strengthens our ability to pursue opportunities across our core business segments while maintaining a balanced approach to capital allocation.”

Ducon Infratechnologies Limited

Ducon Infratechnologies Ltd., headquartered in Thane, India, is a technology EPC company providing engineering solutions for environmental control, clean energy, infrastructure, and process industries, with end-to-end capabilities spanning design, supply, installation, and lifecycle services. 

Website: http://ducon.com

For FY26, the company reported consolidated Total Income of ₹422.05 Cr, EBITDA of ₹26.52 Cr, and Net Profit of ₹10.98 Cr