Category: Business

  • Flite Launches ‘Style Ka Naya Andaaz’ campaign, Giving Everyday Footwear a Stylish Upgrade with its New Buckle Range

    Flite Launches ‘Style Ka Naya Andaaz’ campaign, Giving Everyday Footwear a Stylish Upgrade with its New Buckle Range

    New Delhi [India], May 20: Flite, India’s leading family fashion footwear brand from Relaxo Footwears Ltd., has launched its new campaign, ‘Style Ka Naya Andaaz’, along with its latest Buckle Range, a collection designed to bring together effortless comfort and contemporary style in everyday open footwear.

    Today’s consumers see footwear as more than just utility; it has become an extension of personal style. With ‘Style Ka Naya Andaaz’, Flite celebrates this shift by encouraging consumers to express themselves through looks that are easy, current, and confidently stylish.

    The range includes single-strap and dual-strap styles with adjustable buckle detailing that delivers comfort, flexibility, and a stylish edge. With clean designs and a versatile color palette featuring neutrals, earthy tones, and soft pastels, the collection is designed to fit effortlessly into everyday wardrobes.

    Staying true to Flite’s comfort-first legacy, the Buckle Range features soft cushioned footbeds, lightweight construction, and textured outsoles designed for all-day ease, making each pair as dependable as it is stylish.

    Mr. Gaurav Kumaar Dua, Co-Chief Executive Officer and Whole Time Director, said, “We are seeing consumers engage with footwear very differently today; it has become an extension of their personal style. With the ‘Style Ka Naya Andaaz’ campaign, we want to encourage people to experiment and express themselves more confidently. The new Buckle Range reflects this shift, bringing together comfort and a more style-driven approach that resonates with today’s consumers.

    With this campaign, Flite continues to evolve its position in the open footwear space by bringing style and comfort closer together. The new Buckle Range is now available across Flite’s extensive retail network, exclusive brand outlets, and leading e-commerce platforms nationwide, bringing Style Ka Naya Andaaz closer to consumers across India.

    From everyday wear to everyday style, Flite’s Buckle Range is designed to make comfort look fashionable.

    About Relaxo Footwears Ltd.

    Incorporated in 1984, Relaxo is the largest footwear manufacturer in India and has been serving the nation for four decades. Ranked among the top 500 Most Valuable Companies (Fortune 500 India), Relaxo is synonymous with quality products and affordable prices. It manufactures slippers, sandals, and sports & casual shoes.

    Its most popular brands – Relaxo, Sparx, Flite, and Bahamas – each lead their respective segments. Relaxo, an iconic brand known for its rubber slippers, is a versatile choice for all sections of society. Flite offers a stylish range of fashionable and semi-formal slippers. Sparx reflects the attitude, style, and energy of young India through its sports shoes, sandals, and slippers. The Bahamas captures the spirit of freedom, fun, and youth through its vibrant flip-flops.

    With a pan-India distribution footprint, Relaxo also operates a strong network of 400+ exclusive retail outlets, and its products are widely available across major e-commerce platforms, large-format stores, and global markets.

    For More Information: https://relaxofootwear.com/pages/flite-landing-page

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  • Deepak Malkani on Why Interim CXOs Are No Longer a Backup Plan for Indian Companies

    Deepak Malkani on Why Interim CXOs Are No Longer a Backup Plan for Indian Companies

    Deepak Malkani, Co-founder, IndusGuru

    Mumbai (Maharashtra) [India], May 20: The rise of interim CXOs is often framed as a stopgap story – a temporary fix for a sudden vacancy, a crisis hire, or a bridge between two leadership eras. That framing misses what is actually unfolding. What we are seeing now is not a contingency trend, but a structural shift in how leadership itself is being deployed.

    Across India’s startup and mid-market ecosystem, leadership is becoming more modular, more outcome-driven, and far less tied to permanence.

    Over the past three years, several converging pressures have pushed companies toward this shift. Funding cycles have tightened. Boards are demanding sharper accountability on outcomes and governance. At the same time, businesses are scaling faster into unfamiliar territories (new geographies, regulatory environments, and digital models) where internal leadership bandwidth often lags behind ambition.

    This is where interim CXOs – and platforms like IndusGuru that connects organisations with experienced independent leadership talent – are changing the equation.

    Instead of committing to long, high-risk leadership hires, companies are increasingly bringing in experienced operators for sharply defined mandates – a CFO to steer a company through a funding round, a CHRO to stabilise post-layoff culture, a CTO to lead a critical product rebuild, or a CEO to manage a turnaround. These roles are not advisory in the traditional sense. They come with execution authority, board visibility, and clear timelines.

    This is already becoming visible across leadership engagements in India. In one recent case, a global engineering and technology company brought in an experienced independent HR leader through IndusGuru to lead workforce transformation and support implementation of India’s new labour codes.

    The mandate went far beyond traditional HR operations, covering statutory compliance alignment, workforce planning, talent strategy, organisational design, governance, and change management across business functions. The engagement helped strengthen HR governance, improve workforce deployment and recruitment efficiency, and align India-specific HR practices with global operating frameworks.

    The case reflects a broader trend underway across India’s business ecosystem, where companies are increasingly turning to interim and independent leaders for specialised, execution-driven mandates that require immediate expertise, strategic oversight, and operational agility without relying solely on traditional long-term leadership structures.

    Globally, this model has been maturing for over a decade. According to data from executive search and talent platforms, the interim leadership market in mature economies has been growing steadily at high single-digit rates, with particularly strong adoption in sectors undergoing rapid transformation such as technology, healthcare, and financial services. India is now entering a similar phase, but with its own distinct triggers.

    One of the clearest signals is the widening gap between strategic urgency and hiring timelines. A full-time CXO search can take four to six months, often longer when cultural fit and investor alignment are factored in. In contrast, interim leaders can be deployed in a matter of weeks.

    In fact, specialised leadership marketplaces such as IndusGuru are helping shorten that gap by giving businesses access to pre-vetted independent executives who can step in quickly for high-priority mandates.

    For companies operating in compressed decision cycles, whether due to investor pressure or market shifts, that difference is not operational, it is existential.

    There is also a deeper talent-side shift at play.

    A growing cohort of senior professionals is stepping away from traditional career arcs that prioritise long tenures at a single organisation. Many of them bring decades of experience across industries, have led transformations, exits, or scale-ups, and are now choosing to work in shorter, high-impact assignments. For them, interim roles offer both autonomy and relevance – the ability to solve complex problems without being tied to organisational inertia.

    This supply-side evolution is critical, because it changes the perception of interim leadership from “temporary” to “specialised.” Companies are not just filling gaps; they are accessing expertise that may not exist internally, or that would be difficult to attract in a full-time capacity.

    The implications for business outcomes are already visible.

    In turnaround scenarios, interim CEOs and CFOs are helping companies reset cost structures, renegotiate vendor contracts, and rebuild financial discipline without the delays that often accompany permanent hires. In high-growth environments, interim product and technology leaders are accelerating time-to-market by bringing proven playbooks rather than building from scratch. In post-merger integrations, interim leadership is enabling neutral, execution-focused oversight that avoids internal power struggles.

    Perhaps the most under-discussed impact, however, is on governance.

    Boards are becoming more comfortable with flexible leadership models because they offer clearer performance visibility. Interim CXOs are typically hired with specific deliverables and timelines, which makes evaluation more straightforward. This clarity often contrasts with full-time roles, where expectations can evolve or blur over time. In a market where capital efficiency is under scrutiny, that distinction matters.

    Yet, the rise of interim leadership is not without its challenges.

    Cultural integration remains a friction point, especially in founder-led organisations where trust and alignment are deeply personal. Interim leaders must navigate influence without the benefit of long-term relationships, and their success often depends on how clearly their mandate is communicated internally. There is also the risk of over-reliance – using interim roles as a substitute for building internal leadership pipelines rather than as a complement to them.

    What is becoming clear, though, is that the question is no longer whether interim CXOs will become mainstream in India. It is how quickly organisations adapt to using them strategically rather than reactively.

    For founders and boards, this requires a shift in mindset. Leadership is no longer a binary choice between permanent and absent. It is a spectrum, where different phases of a company’s journey may demand different kinds of leadership engagement.

    For senior professionals, it opens up a new kind of career architecture – one that values depth of impact over duration, and outcomes over titles.

    And for the broader talent ecosystem, it signals a move toward more fluid, on-demand access to expertise at the highest levels of decision-making.

    In many ways, interim CXOs reflect the same transformation that has reshaped other parts of the economy, from cloud computing to gig work, where flexibility, speed, and precision are becoming more valuable than ownership or permanence.

    Leadership, it turns out, is no exception.

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  • 5 Leading Personal Loan Apps for Women in India With Easy Approval

    5 Leading Personal Loan Apps for Women in India With Easy Approval

    New Delhi [India], May 20: Women in India face unique financial challenges, from sudden family needs to personal growth goals. Lucky for us, the top personal loan apps now offer easy approvals designed just for ladies, skipping long bank queues and piles of paperwork.

    This piece shares the 5 best loan apps for women, starting with reliable picks that focus on speed, safety, and simplicity. Ready for a loan for women that fits your life? Let’s dive in and find your match.

    Top 5 Personal Loan Apps For Women

    When time is tight, these loan apps shine for their quick, women-friendly setups. Each one handles applications smoothly, perfect for a loan for ladies on the move.

    1.   Stashfin

    Personal loan app with an effortless flow and strong privacy focus. Busy women appreciate how it simplifies fast approvals, reduces paperwork hassles, and offers reliable support during emergencies like home repairs, school fees, urgent medical expenses, or sudden travel needs.

    2.   CASHe

    A smart option for salaried women, it brings easy applications, flexible repayment choices, and minimal paperwork that fits smoothly into demanding daily routines without extra stress or confusion. Its quick digital process also makes borrowing feel more convenient and time-saving.

    3.   Moneyview

    Stands out with instant eligibility checks, a clean digital experience, and quick access to funds, making it suitable for women handling education costs, healthcare needs, family responsibilities, or important personal financial goals without lengthy delays.

    4.   Buddy Loan

    Built for speed, security, and ease, it offers quick verifications and user-friendly borrowing that feels safe, clear, and simple to manage for women applicants. The straightforward interface also helps first-time borrowers navigate the process comfortably.

    5.   KreditBee

    Delivers transparent procedures, fast approvals, and timely disbursal, helping women confidently tackle planned expenses or urgent financial needs with clarity and dependable support. Its flexible loan options also make short-term borrowing more manageable and stress-free.

    Why Women Prefer Loan Apps For Personal Loan?

    Life as a woman often means balancing work, home, and surprises. These apps get that, offering features tailored for ease and trust.

    Safety and Privacy Matter

    First off, security stands out. A personal loan for women stays private here, with strong encryption and soft checks that skip invasive questions. No sharing sensitive details unnecessarily, which builds real confidence for first-time users.

    Time-Saving Digital Magic

    Then there’s the convenience. Download a loan app, tap a few fields, and apply from anywhere, whether at work or waiting for the school bus. Skip branch lines and get approvals fast, turning a loan for women into a quick fix for medical needs or family events.

    Empowerment in Every Tap

    Users share stories of how these tools boosted their independence. One working mom funded a skill course; another covered unexpected vet bills. It’s not just money; it’s freedom wrapped in simplicity.

    Flexible Repayment Options

    Another benefit for women when using such applications is that they provide flexibility for repayment periods. Most applications allow borrowers to choose convenient repayment periods based on their monthly budget. This added control helps women borrow confidently for both planned goals and unexpected situations.

    How To Choose the Ideal App for a Loan?

    Not sure where to start? Follow these straightforward steps to find the perfect personal loan app for your needs.

    1. Check basic eligibility first. Most need just ID proof and bank details, keeping it light for women’s loans.
    2. Next, explore the app’s feel. Smooth navigation and live chat support make all the difference during busy days.
    3. Dive into reviews from other ladies. Look for tales of hassle-free disbursals and helpful teams.

    Test two or three from the top list, note what clicks with your schedule, and pick confidently. This way, your personal loan for women becomes a smart, stress-free ally.

    Common Mistakes Women Should Avoid While Using Loan Apps

    Despite the fact that loan applications facilitate borrowing, proper evaluation is essential. Most women tend to apply for loans based on the initial offer that appears without evaluating the rates or conditions of repayment.

    Before filling out any application, it is advisable to consider the cost of processing, the consequences of late payment, and customer reviews to save oneself from any additional anxiety in future.

    Borrowing beyond the amount you require, despite having a higher limit, is another major blunder committed by women. Responsible borrowing ensures that you do not end up owing more than you can afford.

    Conclusion

    Taking a loan as a woman in India feels empowering with these top apps at your fingertips. All of these apps are delivering easy approvals for life’s curveballs or big dreams, whether family support or self-growth. Standouts like Stashfin bring trusted steps, while others add flexibility to suit every lady.

    A loan for ladies is now a simple download away, packed with security and speed. Don’t wait, scan eligibility today on your favourite loan app. Step into financial control and turn “what if” into “got it.” Your next smart move starts right here.

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  • Stay Ananta Redefines Luxury Villa Hospitality in India, Serving Over 2.7 Lakh Guests Across 15 Plus Destinations

    Stay Ananta Redefines Luxury Villa Hospitality in India, Serving Over 2.7 Lakh Guests Across 15 Plus Destinations

    New Delhi [India], May 20: India’s premier luxury villa rental brand expands its curated collection to 600+ handpicked properties, cementing its position as the country’s most trusted name in private villa stays

    Stay Ananta, India’s fastest-growing luxury villa rental brand, today stands as a testament to what happens when genuine passion for hospitality meets an uncompromising commitment to quality. Founded by Mr. Darshan Hiranandani and Mrs. Smita Asrani, and expertly managed by Ms. Bharti J, Stay Ananta has grown from a carefully curated collection of private villas into a nationally recognised luxury hospitality brand — having served over 2,70,000 guests across India’s most coveted destinations.

    From the mist-covered valleys of Lonavala and the sun-kissed coastline of Alibaug to the heritage heartland of Rajasthan and the tropical shores of Goa, Stay Ananta’s portfolio of 600+ handpicked luxury villas spans 15+ destinations across India — each property selected through a rigorous vetting process that accepts fewer than 1 in 100 homes into the collection.

    A Brand Built on the Belief That Every Guest Deserves the Extraordinary

    Speaking about the brand’s journey, Founder Mr. Darshan Hiranandani said:

    “Stay Ananta was never just about providing a place to stay. It was about creating an experience so personal, so thoughtful, and so exceptional that our guests would carry it with them long after they checked out. Every villa in our collection is a reflection of that belief.”

    Co-Founder Mrs. Smita Asrani added:

    “We built Stay Ananta on the foundation of genuine Indian hospitality — the kind that makes a guest feel like family. From our dedicated onsite caretakers to our in-house chefs who prepare fresh meals with local ingredients, every element of the Stay Ananta experience is designed with the guest’s comfort and joy at its heart.”

    Manager Ms. Bharti J, who oversees daily operations across the portfolio, noted:

    “Serving 2.7 lakh guests is a milestone that belongs entirely to our guests and our onsite teams. Their trust in Stay Ananta — and their love for the experiences we create — is what drives us to raise the bar every single day.”

    The Stay Ananta Difference

    In a market crowded with villa rental platforms, Stay Ananta distinguishes itself through an unwavering focus on quality over quantity. Every property in the Stay Ananta collection features:

    A dedicated onsite caretaker available around the clock. An in-house chef capable of preparing personalised menus — from traditional Maharashtrian thalis to continental cuisine. A private pool exclusive to each villa’s guests. Personalised celebration setups for birthdays, anniversaries, honeymoons, and milestone occasions. Curated local experiences that connect guests to the culture, cuisine, and nature of each destination. Instant booking confirmation and a seamless end-to-end guest experience from enquiry to checkout.

    The brand organises its portfolio into distinct collections — Stay Ananta Luxe Collection, Ananta Noir, Stay Ananta Signature Collection, Ananta Élite, and Stay Ananta Most Desired Collection — each representing a carefully defined tier of luxury, location, and experience.

    15+ Destinations. One Standard of Excellence.

    Stay Ananta’s geographic footprint spans India’s most sought-after leisure destinations:

    Maharashtra — Lonavala, Alibaug, Karjat, Kamshet, Pawna, Mahabaleshwar, Nashik, Igatpuri

    Goa — North Goa, South Goa

    Rajasthan — Jaipur, Udaipur

    Himachal Pradesh — Manali, Kasauli, Shimla

    Uttarakhand — Mussoorie, Rishikesh, Jim Corbett

    Karnataka — Coorg, Chikmagalur

    Kerala — Munnar, Wayanad

    Each destination is served by a locally embedded team of caretakers, chefs, and hospitality professionals who bring authentic warmth and deep local knowledge to every guest interaction.

    Recognition That Reflects a Commitment to Excellence

    Stay Ananta’s rapid growth and consistent quality have earned the brand recognition from India’s most respected travel and hospitality institutions. The brand has been named Brand of the Year by MakeMyTrip — India’s largest travel platform — and recognised as Favourite Villa Rentals by Condé Nast Traveller, one of the world’s most prestigious travel publications. With a 4.8-star rating across platforms and over 28,000 five-star guest reviews, Stay Ananta’s reputation is built on real experiences from real guests.

    Looking Ahead

    As India’s luxury travel market continues its remarkable growth — driven by increasing disposable incomes, a renewed appetite for domestic travel, and a growing preference for private, personalised experiences over conventional hotel stays — Stay Ananta is positioned at the forefront of this transformation.

    The brand continues to expand its villa portfolio, deepen its destination presence, and invest in the people and processes that make every Stay Ananta experience exceptional. With a vision to become India’s most trusted and loved luxury villa brand, Stay Ananta’s next chapter promises to be as remarkable as the 2,70,000 guest stories it has already helped write.

    About Stay Ananta

    Stay Ananta is India’s premier luxury private villa rental brand, offering a curated collection of 600+ handpicked villas across 15+ destinations. Founded by Mr. Darshan Hiranandani and Mrs. Smita Asrani, Stay Ananta is built on the belief that exceptional hospitality is not a service — it is an art. Every Stay Ananta villa features a private pool, dedicated onsite caretaker, in-house chef, and personalised guest experiences that transform a holiday into a memory.

    Website: stayananta.com

    WhatsApp: +91 9115127778

    Email: info@stayananta.com

    Media Contact:

    Stay Ananta Communications

    info@stayananta.com

    +91 9115127778

    stayananta.com

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  • Classic Electrodes (India) Limited Announces H2 FY26 & FY26 Results

    Classic Electrodes (India) Limited Announces H2 FY26 & FY26 Results

    Kolkata (West Bengal) [India], May 19: Classic Electrodes (India) Limited (NSE: CLASSICEIL), a leading manufacturer of welding consumables, announced its Audited Financial Results for the Half Year and Financial Year ended 31st March 2026.

    Key Financial Highlights – H2 FY26

    Particulars H2 FY26 H2 FY25 % Growth
    Total Income (₹ Lakhs) 12,118.13 10,041.40 20.68%
    EBITDA (₹ Lakhs) 11,93.65 1,162.19 2.71%
    Net Profit (₹ Lakhs) 620.46 549.07 13.00%

    Key Financial Highlights – FY26

    Particulars FY26 FY25 % Growth
    Total Income (₹ Lakhs) 24,421.18 20,612.53 18.48%
    EBITDA (₹ Lakhs) 2,387.24 2,228.45 7.13%
    Net Profit (₹ Lakhs) 1,264.03 1,161.62 8.82%

    Other Key Highlights

    • H2 FY26 EBITDA Margin stood at 9.85% while Net Profit Margin stood at 5.12%. 
    • FY26 EBITDA Margin stood at 9.78% while Net Profit Margin stood at 5.18%.
    • The Company significantly reduced short-term borrowings during FY26, strengthening its balance sheet and liquidity position. 

    Operational Highlights – FY26

    • Stable core demand: Continued traction across electrodes and MIG wires, supported by demand from fabrication, infrastructure, and industrial sectors.
    • Product portfolio expansion: Successful scale-up of Flux Cored Wire, strengthening product mix and supporting higher-margin growth.
    • Manufacturing efficiency: Ongoing debottlenecking and automation initiatives aimed at improving throughput and capacity utilization.
    • Trading segment contribution: Consistent contribution from trading operations supporting overall revenue growth.

    Commenting on the performance, Mr. Sushil Kumar Agarwal, Managing Director, Classic Electrodes (India) Limited, stated“Our performance in FY26 reflects the resilience of our core manufacturing operations and steady demand across the welding consumables segment. We have maintained consistent growth supported by a balanced product portfolio and strong market presence.

    The successful introduction and scale-up of Flux Cored Wire marks an important milestone in our growth journey, enabling us to enhance our product mix and improve our margin profile.

    With continued focus on operational efficiency, supported by debottlenecking and automation initiatives at our manufacturing facilities, we are well-positioned to improve capacity utilization and drive sustainable growth going forward.”

    About Classic Electrodes (India) Limited

    Established in 1997, Classic Electrodes (India) Limited is a leading manufacturer of welding consumables, offering a wide range of electrodes and MIG wires catering to diverse industrial applications. The Company focuses on quality manufacturing, product innovation, and operational efficiency to serve customers across industries.

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  • K. V. Toys India Limited Reports Strong H2 FY26 & FY26 Performance

    K. V. Toys India Limited Reports Strong H2 FY26 & FY26 Performance

    Mumbai (Maharashtra) [India], May 19: K V Toys India Limited (BSE: 544641), a fast-growing branded toys and play products company, announced its financial performance for H2 FY26 & FY26, reflecting strong growth momentum driven by expanding distribution reach, increasing branded product portfolio, and continued transition towards a consumer-first and D2C-focused “House of Play” platform.

    Key Financial Highlights – FY26

    Particulars FY26 FY25 % Growth
    Total Income (₹ Lakhs) 17,517.14 8,560.07 104.64%
    EBITDA (₹ Lakhs) 1,294.18 647.59 99.85%
    Net Profit (₹ Lakhs) 876.77 455.75 92.38%
    EPS (₹) 17.15 13.34 28.56%

    Key Financial Highlights – H2 FY26

    Particulars H2 FY26 H2 FY25 % Growth
    Total Income (₹ Lakhs) 9,426.77 5,529.05 70.50%
    EBITDA (₹ Lakhs) 671.59 417.21 60.97%
    Net Profit (₹ Lakhs) 467.76 284.25 64.56%
    EPS (₹) 8.32 6.18 34.63%
    • H2 FY26 EBITDA Margin stood at 7.12%, while Net Profit Margin stood at 4.96%, reflecting stable operational performance amid continued investments towards brand expansion, distribution strengthening, and product diversification. 
    • FY26 EBITDA Margin stood at 7.39%, while Net Profit Margin stood at 5.01%, supported by operational efficiencies, scalable sourcing capabilities, and growth across branded and distribution-led business segments.
    • Debt-to-Equity improved sharply to 0.23x in FY26 from 2.64x in FY25
    • Export operations commenced during FY26 with the first shipment to Germany, marking the beginning of the Company’s international expansion strategy under the QUCO platform.

    Management Commentary

    Commenting on the performance, Mr. Karan Narang, Promoter and Chairman & Managing Director, K. V. Toys India Limited, said: “FY26 marks an important milestone in our journey as we continue transforming K. V. Toys from a traditional toy distribution business into a scalable consumer-first ‘House of Play’ platform. Our strong revenue growth, improving profitability, expanding distribution reach, and growing portfolio of proprietary brands reflect the strength of our long-term strategy.

    Under QUCO, we are building an ecosystem of curiosity-led and imagination-driven brands designed for modern childhood experiences. As part of our category expansion strategy, we have strengthened our presence across educational toys and soft toys, enabling us to cater to a wider spectrum of children’s play and learning needs. We continue to focus on expanding our product portfolio, improving packaging and shelf visibility, strengthening retailer relationships, and increasing consumer engagement across offline and digital channels.

    To further strengthen operational efficiencies and product quality, we are also progressing on backward integration initiatives, which we believe will enhance scalability, supply chain reliability, and long-term margin improvement. Our manufacturing facility being SEDEX-approved is another important milestone, positioning us strongly to cater to export opportunities and build long-term relationships with global partners. With favourable industry tailwinds including Make in India, rising branded toy demand, and the China+1 opportunity, we remain confident about building a globally relevant Indian play brand in the coming years.”

    About K V Toys India Limited

    Incorporated in 2009, K V Toys India Limited is engaged in contract manufacturing and sale of plastic-moulded and metal-based toys across educational and recreational segments. The Company has transitioned from a trading model to a hybrid manufacturing model and is expanding through backward integration, category diversification, and brand development across India.

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  • Country Club Expands Through Franchise Model; Hospitality Brand Highlights Human-Centric Values Alongside Global Growth

    Country Club Expands Through Franchise Model; Hospitality Brand Highlights Human-Centric Values Alongside Global Growth

    Hyderabad (Telangana) [India], May 19: Country Club, one of India’s leading leisure and hospitality brands, is entering an ambitious phase of expansion through the franchise route, strengthening its footprint across multiple destinations in India and overseas.

    With a strong membership base of over 2 million members and a workforce of more than 5,000 employees, the brand has built a significant presence in India’s hospitality and lifestyle sector. Known for offering premium leisure, entertainment, wellness, and hospitality experiences, Country Club continues to evolve with a vision focused on growth, customer engagement, and experience-driven hospitality.

    Further strengthening its international lifestyle offerings, the company has introduced the Country Club’s THAILAND MASTER CARD, aimed at enhancing curated travel and holiday experiences for its members across Thailand while enhancing the brand’s global hospitality presence.

    As the company expands into newer markets, stories emerging from within its ecosystem continue to reflect the human side of hospitality that has shaped the brand’s journey over the years.

    At the centre of this narrative stands Amrutha Castle, one of Hyderabad’s iconic hospitality destinations. The property, which once hosted former U.S. President George W. Bush, also became a place of comfort, healing, and emotional support for families navigating some of life’s most difficult moments during the COVID  years.

    YouTube Link

    One such story is that of Aarti Shourie Peter, a former media professional associated with leading organisations, including TOI, India Today, and Malayalam Manorama. Following the sudden loss of her husband during the COVID period, Aarti and her daughter found support, warmth, and a safe environment at Amrutha Castle during one of the most devastating phases of their lives.

    Expressing her gratitude to Rajeev Reddy, Aarti said the support extended to her and her daughter went far beyond hospitality. “It was not just a place for us to stay. It became a space where we could slowly breathe, heal, and rebuild our lives again,” she said.

    Speaking about the philosophy behind hospitality, Rajeev Reddy stated, “Hospitality is not only about luxury or business. In difficult times, what truly matters is humanity, compassion, and standing beside people when they need support the most. If we can bring hope to someone during their darkest phase, that itself is meaningful.”

    Country Club

    Country Club VIP THAILAND MASTER CARD

    Priced at ₹2.5 lakh, the membership programme offers a range of premium international hospitality benefits.

    Core Benefits Include:

    • Lifetime Club Membership
    • 30-Year Holiday Membership
    • 7-ACROSS Membership Access

    10 Days and 9 Nights complimentary stay across BANGKOK, PATTAYA, and PHUKET through the franchise network resorts

    Flexible usage options, allowing members to split into 3 stays or utilise them in one stretch

    • Complimentary two-way FLIGHT TICKETS for a couple
    • Upgrade Opportunity for Existing Members
    • Existing Country Club members can upgrade to the Country Club VIP Master Card Thailand at a special price of ₹1 lakh.

    Upgrade Benefits Include:

    • 30-Year Holiday Membership
    • 7-ACROSS Membership Access
    • 10 Days and 9 Nights complimentary stay across Bangkok, Pattaya, and Phuket
    • Flexible usage options, allowing members to split into 3 stays or utilise them in one stretch

    Elite MEMBER GET MEMBER (MGM) Scheme

    Under the MGM programme, any existing member who introduces one new member to the Country Club VIP THAILAND MASTER CARD programme will be eligible for a FREE STAY of 6 Nights and 7 Days across BANGKOK, PATTAYA, and PHUKET at the franchise network resorts.

    As Country Club moves ahead with its expansion plans and global lifestyle initiatives, the company says stories like these continue to reflect the deeper values behind the brand, where hospitality is measured not only by experiences created, but also by lives touched.

    Website: www.countryclubindia.net

    For franchise enquiries and business collaborations:

    Nirav  
    nirav@countryclubmail.com

    Hiram  
    hiram@countryclubmail.com

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  • Invicta Diagnostic Limited Reports FY26 Total Income of Rs 33.04 Cr with EBITDA Margins Above 30 Percent

    Invicta Diagnostic Limited Reports FY26 Total Income of Rs 33.04 Cr with EBITDA Margins Above 30 Percent

    Mumbai (Maharashtra) [India], May 19: Invicta Diagnostic Limited (NSE – INVICTA), –one of the leading diagnostic service providers in Maharashtra’s healthcare services sector, has announced its Audited Financial Results for H2 FY26

    Key Consolidated Financial Highlights

    H2 FY26

    ·Total Income of ₹ 15.96 Cr

    ·EBITDA of ₹ 3.55 Cr

    ·EBITDA Margin of 22.24%

    ·Net Profit of ₹ 0.79 Cr

    ·Net Profit Margin of 4.94% 

    ·EPS of ₹ 0.79

    FY26

    ·Total Income increased to ₹ 33.04 Cr from ₹ 30.18 Cr annually

    ·EBITDA increased to ₹ 10.45 Cr from ₹ 9.29 Cr annually

    ·EBITDA Margins increased to 31.63% from 30.78%

    ·Net Profit of ₹ 4.87 Cr

    ·Net Profit Margin of 14.74%

    ·EPS of ₹ 4.90

    During FY26, the Company continued to invest towards its long-term growth strategy and network expansion, resulting in cash outflow of ₹12.96 Cr towards purchase of fixed assets. Depreciation expense increased by approximately 31% to ₹3.25 Cr in FY26 from ₹2.49 Cr in FY25, primarily reflecting higher asset base during the year. As newly added centres continue to mature and scale up operations, the Company expects stronger revenue contribution and improved operating leverage in the coming periods.

    H2 FY26 Key Operational Highlights

    Strategic Entry into Pune Through Joint Venture ·Entered Pune market through a strategic JV with four prominent radiologists·Company holds 52% stake ensuring management, control and operational oversight ·Evaluating opportunities to establish additional diagnostic centres in Pune over next 1 to 2 years, subject to market opportunities and Board approvals·First centre secured at Market Yard, Pune with 2,425 sq. ft. leased property·Upcoming centre to offer MRI, CT scan, Mammography, Digital X-Ray and integrated Pathology services
    Dadar Centre Commences Commercial Operations ·Commenced commercial operations at Dadar Centre from 30th January 2026·Expanded advanced diagnostics portfolio with PET-CT, CT scan, Sonography, Pathology and X-Ray services·Strategically located near Tata Memorial Hospital within a high-demand oncology diagnostics cluster·Centre established with project investment of approximately ₹5.50 Cr
    Strategic Acquisition Marks Entry into Nashik ·Received Board and Shareholders’ approval to acquire up to 95% stake in Vinchurkar Diagnostics Private Limited.·Successfully completed the first phase of strategic acquisition on 8 May 2026, by securing a 51% controlling stake in Vinchurkar Diagnostics Private Limited. ·Marks strategic entry beyond Mumbai Metropolitan Region into Nashik healthcare market·Acquisition to be completed in phased manner with total consideration of ₹7.60 Cr
    Commenting on the Performance, Mr. Sanket Vinod JainChairman and Non-Executive Director of Invicta Diagnostic Limited, said, “FY26 has been a landmark year for Invicta Diagnostic Limited as we successfully completed our NSE Emerge listing in December 2025 and concluded the year with a stable financial and operational performance. During FY26, we reported Total Income of ₹33.04 Cr and maintained EBITDA margins in excess of 30%, reflecting strong operating efficiency and disciplined execution.
    During the second half of the year, we expanded our presence through our strategic entry into Pune with plans for advanced diagnostic centres, commenced operations at our Dadar Centre with PET-CT and CT Scan facilities near Tata Memorial Hospital, and received Board and Shareholders’ approval to acquire up to 95% stake in Vinchurkar Diagnostics Private Limited in Nashik, strengthening our platform for long term growth across Maharashtra. These investments are expected to support higher scale, improved operational reach, and stronger growth momentum in the coming years.
    As we enter FY27, we remain focused on expanding our diagnostics network, strengthening our service portfolio, and driving sustainable growth while maintaining operational efficiency. We remain optimistic about the opportunities ahead and are confident of building on this momentum in the coming years.”

    About Invicta Diagnostic Limited

    Invicta Diagnostic Limited is a diagnostic services company operating in the Mumbai Metropolitan Region, providing radiology and pathology solutions under its consumer facing brand, PC Diagnostics.

    Through the PC Diagnostics brand, the Company offers a comprehensive range of diagnostic services, including radiology and imaging, pathology and clinical laboratory testing, and teleradiology. Its operations are supported by a structured hub and spoke model designed to ensure efficiency, reach, and patient convenience.

    The Company’s network comprises 8 diagnostic centers and one centralized laboratory across the MMR region in Maharashtra. This includes one flagship hub in Thane with full testing capabilities, three additional hub centres offering advanced and basic diagnostics, and three spoke centres focused on basic diagnostics and sample collection, supported by a centralized laboratory.

    Invicta Diagnostic Limited places strong emphasis on patient convenience through services such as home sample collection, house calls, and multiple report delivery options. The Company continues to strengthen its presence in MMR while expanding across Maharashtra’s diagnostic market, guided by its focus on quality, affordability, and consistent patient care.

    The company was listed on NSE Emerge on 8th December 2025.

    In FY26, the Company recorded a consolidated revenue of ₹33.04 Cr, an EBITDA of ₹10.45 Cr, and a net profit of ₹4.87 Cr.

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  • Pune Industry Leaders Spotlight Innovation & Sustainability Ahead of World of Concrete India 2026

    Pune Industry Leaders Spotlight Innovation & Sustainability Ahead of World of Concrete India 2026

    At an exclusive industry roundtable held as a precursor to the upcoming expo

    Pune (Maharashtra) [India], May 18: Informa Markets in India, a leading B2B exhibition organiser, convened an exclusive roundtable of industry leaders in Pune, setting the stage for the 12th edition of World of Concrete (WoC) India 2026. The landmark exhibition and conference, dedicated to advancing concrete technology, materials, and innovation, will take place from 3rd to 5th June 2026 at the Bombay Exhibition Centre (BEC), Mumbai.

    As India’s only dedicated concrete-focused exhibition, WoC India uniquely brings together the entire value chain from raw materials and precast technologies to construction equipment, chemicals, and digital solutions, offering a highly specialised B2B platform distinct from broader construction expos.

    The 2026 edition is expected to feature over 350+ brands and attract more than 18,000 industry professionals. With strong domestic and international participation, including dedicated European and Chinese Start-Up and Precast pavilions, the show continues to strengthen its global footprint.

    The Pune roundtable witnessed participation from key regional stakeholders and industry experts, including senior leadership from Informa Markets in India. The discussion surfaced critical insights on Western India’s infrastructure growth, emerging material innovations, and the increasing urgency of sustainable construction practices.

    The roundtable discussion featured leading voices from the construction, concrete, architecture, industrial flooring, construction chemicals, and market intelligence sectors, including Er. Manoj Deshmukh, State Secretary, Builders Association of India (BAI), Pune Centre; Prof. AR. Mahesh Bangad, Chairman, Architects Engineers & Surveyors Association (AESA) EC / EC, Mr. Ajay Singam, President, Industrial Flooring Association (IFA) & Managing Director, Avcon Technics; Mr. Suyog Keluskar, Senior Director, IGS, 1Lattice; Mr. Jaswanth Sobhana, Director-Target Market & Product Management, Sika India; Mr. Appasaheb D. Bhosle, Past Secretary & EC Member Indian Concrete Institute, Pune Centre, and Mr. Rajneesh Khattar, Senior Group Director, Informa Markets in India. Together, they deliberated on the evolving needs of India’s construction sector, with a focus on technology adoption, mechanisation, sustainable building practices, skilled manpower, durability of infrastructure, and the role of industry platforms in enabling practical, future-ready solutions.

    Highlighting the need for stronger industry-government collaboration to address key challenges around cost, skilling, and technology adoption, Er. Manoj Deshmukh, State Secretary, Builders Association of India (BAI), Pune Centre, said, “India’s contracting fraternity is at the receiving end, facing multiple challenges, from technology adoption, adaptation, and rising costs to labour-related changes, skill gaps in technical manpower, and payment delays. While we have evolved from contractors to constructors, the sector continues to depend heavily on human-intensive execution, and this makes skilling, statutory recognition of engineers, and stronger industry-government dialogue critical. Despite these challenges, Indian constructors have consistently delivered complex projects with local manpower, meeting timelines and cost expectations. Platforms like World of Concrete India are important as they bring the industry together to discuss practical solutions, encourage technology adoption, and address key issues such as optimal use of resources, including water in construction.”

    Emphasising the role of advanced construction chemicals, rehabilitation solutions, and digital tools in improving the durability of India’s infrastructure, Mr. Jaswanth Sobhana, Director – Target Market & Product Management, Sika India, said, “Ageing buildings and infrastructure assets in India need new-age repair and rehabilitation materials that go beyond conventional solutions. Sika is already associated with strengthening projects for important structures in Delhi, as well as bridge assessment and repair initiatives for agencies such as NHAI and Indian Railways, helping extend asset life and reduce the need for demolition and reconstruction. Durability is now becoming a key design criterion, and if structures can be built for a life of 100 years or more, it is far more sustainable than rebuilding every 20–30 years. India’s construction chemical industry is around ₹25,000 crore, but remains fragmented and largely unorganised. As a global leader, Sika continues to focus on innovation, sustainability and digitalisation, including AI-enabled tools for concrete mix design, sand grading and curing guidance. Platforms like World of Concrete India help bring these technologies closer to industry stakeholders and support better quality, performance-based construction practices.”

    Commenting on the strong construction momentum in India, particularly across western India and emerging tier 2 and tier 3 cities, Mr. Suyog Keluskar, Senior Director, 1Lattice, said, “India’s construction sector is witnessing strong growth, with cement production expected to be around 490 million tonnes in FY26, registering year-on-year growth of nearly 8–9%. The government’s record capital expenditure allocation of ₹12.2 lakh crore in the Union Budget 2026–27 is further driving development across highways, railways, logistics, and regional infrastructure. Initiatives such as PMAY Urban 2.0, which aims to create 1 crore new homes, and the development of city economic regions are shifting growth beyond tier 1 cities. Western India, especially Mumbai and Pune, continues to be a key growth region, with Pune also seeing significant momentum in high-rise and urban construction. With 55–70% blended cement usage, India is also moving towards more sustainable construction practices. As tier 2 and tier 3 cities become the next growth epicentres, concrete, construction chemicals, and new-age technologies will play a critical role in building durable, sustainable, and climate-resilient infrastructure.”

    Speaking on the need for mechanisation, workforce upskilling and better labour infrastructure in India’s construction sector, Mr. Ajay Singham, President, Industrial Flooring Association (IFA) & Managing Director, Avcon Technics, said, “India’s construction industry must move closer to the way manufacturing industries operate, with better planning, mechanised processes, trained operators and improved quality of life for workers. In industrial flooring, mechanisation has already reduced team sizes from 20-30 people to around 10, while increasing productivity from nearly 150 sq. m. to 1,500 sq. m. with the same team; globally, the benchmark is around 5,000 sq. m. With labour availability expected to become a bigger challenge, the future will be driven by mechanisation, precast solutions, materials, processes, equipment, and know-how. Sectors such as data centres, currently at 1.5 to 1.6 GW with 277 facilities and expected to reach 6.5 GW by 2030, will require over 2.5 million sq. m. of flooring every year, making efficient timelines and technology adoption critical. World of Concrete India brings the right industry focus to concrete, resource efficiency, and sustainability, especially as construction moves towards higher volumes, tighter timelines, and greater dependence on technology.”

    Reflecting on the need for stronger awareness, policy direction, and accountability in sustainable construction, Prof. AA. Mahesh Bangad, Chairman, AESA EC / EC, said, “Concrete is no longer just about contracting or material use; it now involves technology, machinery, innovation, education, and practical application. As an association representing architects, engineers, builders, and contractors for the past 55 years, we believe awareness is critical for better material adoption. The challenge is not only cost or contractor training, but also the need for clearer mandates, stronger policies, greater awareness, and localised solutions. Sustainability is often overused as a term, and there is a need to combine traditional wisdom with new-age materials, stronger specifications, and greater accountability. World of Concrete India can help build awareness, encourage moral responsibility, and support the setting of much-needed norms for the construction industry.”

    Speaking at the Industry and media roundtable in Pune, Mr. Rajneesh Khattar, Sr. Group Director, Informa Markets in India, added, “With India taking significant strides towards building inclusive and sustainable infrastructure, this is a defining moment for the construction sector. World of Concrete India Expo 2026 goes beyond being just an exhibition; it is a platform where industry leadership, innovation, and actionable insights come together to shape the future of construction. Through focused industry discussions and knowledge-driven insights emerging from the platform, the show will enable stakeholders to better navigate challenges, adopt advanced technologies, and drive more efficient and sustainable construction practices. By bringing together global expertise and real-world application, we aim to accelerate the industry’s transition towards a more resilient and future-ready ecosystem.”

    Event Highlights and Industry Participation

    WoC India 2026 will serve as a high-value business and knowledge platform, enabling direct engagement between contractors, developers, architects, consultants, infrastructure companies, and government stakeholders.

    The event is supported by leading industry bodies, including the Builders Association of India, Drymortar Association, Readymix Concrete Manufacturers Association, India Concrete Institute, and the Precast Manufacturers Association of India. Prominent participating brands include Ultratech, Sika India, Jindal Panther Cement, Godrej Construction, JSW Cement, Natural Cemeco, Mapei, Chryso India, Fosroc, Nerolac, and Asian Paints, among others.

  • BRICS Chamber of Commerce and Industry Ushers in a New Era with Appointment of Mr. Sameep Shastri as Chairman for 2026–2029

    BRICS Chamber of Commerce and Industry Ushers in a New Era with Appointment of Mr. Sameep Shastri as Chairman for 2026–2029

    New Delhi [India], May 19: The BRICS Chamber of Commerce & Industry (BRICS CCI) has formally announced the appointment of Mr. Sameep Shastri as the Chairman of the Chamber for the term April 2026 – March 2029. The appointment was formally confirmed during the 14th Annual General Meeting of BRICS CCI held in New Delhi, where the newly elected Office Bearers took oath during the official Oath Taking Ceremony.

    Mr. Sameep Shastri was elected unanimously and unopposed, reflecting the confidence and trust reposed in his leadership and long-standing contribution towards strengthening the Chamber’s global vision and institutional outreach.

    A distinguished entrepreneur, strategist, and public leader, Mr. Sameep Shastri has been closely associated with BRICS CCI’s international engagement, youth leadership initiatives, policy dialogue platforms, and strategic partnerships for several years. Having previously served as Vice Chairman of BRICS CCI for six years, he played a pivotal role in expanding the Chamber’s presence across global forums, multilateral engagements, and institutional collaborations involving trade, diplomacy, innovation, culture, and sustainable development.

    Carrying forward the illustrious legacy of his grandfather, former Prime Minister of India Shri Lal Bahadur Shastri, Mr. Sameep Shastri represents a new generation of leadership committed to nation-building, global cooperation, and inclusive development. His appointment comes at a significant time when India is emerging as a leading voice for the Global South and BRICS nations continue to strengthen their role in shaping the future global economic order.

    Under his leadership, BRICS CCI is expected to further enhance its efforts towards promoting trade and investment cooperation, innovation-led partnerships, entrepreneurship, sustainability dialogue, youth engagement, and people-to-people connectivity among BRICS nations and emerging economies.

    Speaking on the occasion, Mr. Sameep Shastri said, “It is a privilege to serve as Chairman of BRICS Chamber of Commerce & Industry at a transformative moment for India and the BRICS ecosystem. Having worked closely with BRICS CCI for several years, it is an honour to now lead the Chamber at a time when BRICS nations are shaping a new era of global cooperation, we look forward to building stronger partnerships and creating impactful opportunities that contribute towards a more connected, sustainable, and prosperous future.”

    About BRICS CCI

    The BRICS Chamber of Commerce & Industry (BRICS CCI) is a not-for-profit organization dedicated to strengthening economic cooperation, trade promotion, innovation, entrepreneurship, and strategic partnerships among BRICS nations and emerging economies through dialogue, institutional engagement, and global collaboration initiatives.

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