Category: Business

  • Praveg Limited Receives Letter of Award for Luxury Tourism Project in Meghalaya

    Praveg Limited Receives Letter of Award for Luxury Tourism Project in Meghalaya

    Ahmedabad (Gujarat) [India], February 27: Praveg Limited, India’s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on February 25, 2026, from the Directorate of Tourism, Government of Meghalaya for the Development, Operation and Maintenance of Luxury Cottages located at Umiam in Meghalaya under Design, Build, Finance, Operate and Transfer (DBFOT) mode on Public-Private Partnership basis.

    The Company was declared the selected bidder for the project, and pursuant to the revised terms approved by the competent authority, the project envisages the development, operation and maintenance of a minimum of 40 (forty) luxury cottages on approximately 10 (ten) acres of land, along with allied amenities and supporting infrastructure. The Company is required to complete development and make the project operational on a year-round basis within 18 (eighteen) months from the Appointed Date.

    The project has been granted a concession period of 30 (thirty) years, commencing from the Appointed Date, providing long-term operational visibility and revenue generation potential. The Company anticipates robust performance from the upcoming resort.

    Commenting on the development, Dr. CA Vishnu Patel, Chairman and Managing Director of Praveg Limited, said, “We are pleased to receive the Letter of Award for this prestigious tourism infrastructure project at Umiam, Meghalaya. The project aligns with our strategy to expand eco-responsible luxury hospitality offerings across emerging and high-potential destinations. We believe this development will deliver a distinctive guest experience while contributing to tourism growth, employment generation, regional economic development, and long-term value creation for all stakeholders.”

    The addition of this resort further strengthens Praveg’s expanding portfolio of sustainable luxury hospitality assets across India. The project is expected to enhance accommodation capacity in Meghalaya, support destination development and reinforce the Company’s asset-light concession-driven growth model.

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

     

  • Former CJI Uday Lalit Praises Suryadatta at 28th Foundation Day

    Former CJI Uday Lalit Praises Suryadatta at 28th Foundation Day

    Former CJI Uday Lalit confers the Suryadatta National Awards

    Pune (Maharashtra) [India], February 27: Honouring individuals from diverse fields on a common platform is an effective way of social enlightenment, former Chief Justice of India Uday U. Lalit said. He noted that the presence of achievers from performing arts, sports, science, economics, accounting, and public administration made the programme multidimensional and deeply inspiring.

    Honble Lalit was speaking at the Suryadatta National Awards Ceremony organised on the occasion of the 28th foundation day of the Suryadatta Group of Institutes, run by the Suryadatta Education Foundation. The event was held at Buntara Bhavan in Baner.

    The ceremony was attended by former Chief Election Commissioner T. S. Krishnamurthy, former BJP national vice-president Shyam Jaju, Air Marshal (retd) Bhushan Gokhale, MIT dean Prof. Dr Sharadchandra Darade, Suryadatta Education Foundation Founder President & Chairman Prof. Dr Sanjay B. Chordiya, Vice- PresidentSushama Chordiya, Associate Vice- President Snehal Navalakha & Kimaya Gandhi, COO Akshit Kushal, and chief development officer Siddhant Chordiya, among others.

    Padma Shri Param Pujya Acharya Dr Chandnaji Maharaj (Tai Maa) was conferred with the ‘Suryadatta Global Peace Gandhian Philosophy Award 2026.’

    Former CJI Uday Lalit

    The Suryadatta National Lifetime Achievement Awards were presented to former CJI Uday Lalit, veteran actor Padma Shri Ashok Saraf, laughter yoga movement pioneer Vitthal Kate, former IAS officer Shekhar Gaikwad, actor Rakesh Bedi, builder VilaskumarPalresha, director Subhash Sehgal, educationist Ashokkumar Thakur, scientist Dr Anand Bhadalkar, legal expert Adv Pramod Adkar, litterateur Prof Surekha Kataria, entrepreneur Prakash Gandhi, and global strategist Sanjay Puri.

    The Suryadatta National Awards were conferred on Mahesh Suryavanshi of Shrimant Dagdusheth Halwai Ganpati Trust, yoga guru Dr Krishnadev Giri, actor and stand-up comedian Upasana Singh, Indian chess Grandmaster Abhijit Kunte, Supreme Court advocate Ashutosh Shrivastava, social activist Dr Surendra Kumari, yoga trainer Rakhi Gugale, space scientist Dr Kanak Saha, flautist Paras Nath, Global Youth Ambassador Darasing Khurana, Dr Pramod Tripathi, and mountaineer Ashish Mane.

    Chartered accountant Mohit Dhand, singers Preeti Dave and Pinky Dave, and swimmer Hatvi Shah received the Suryadatta National Young Achiever Award.

    Master Rishi Shiv Prasanna and Master Raghav Malpani were honoured with the Suryadatta Little Master National Award.

    Addressing the audience, Honble Shri Uday Lalit said every young person questions whether they will succeed, but self-belief, consistent hard work, and excellence lead to achievement. Highlighting India’s demographic dividend, he said that citizens under 35 constitute a significant portion of the population, and nurturing this human resource is a major nation-building task. He lauded the Chordiya couple for effectively promoting quality standards and value-based education through the Suryadatta Foundation.

    Padma Shri Ashok Saraf said recognising achievers from varied fields and presenting them as role models before society was an inspiring initiative. He expressed gratitude to audiences for their continued encouragement, which, he said, fuels creative energy and commitment.

    In his introductory address, Prof. Dr Sanjay B. Chordiya said Suryadatta has emphasised holistic student development and value-based education since its inception. Role models from society are introduced to students to help shape responsible Indian citizens, he said.

    Air Marshal (retd) Bhushan Gokhale stressed the importance of staying connected to one’s roots despite professional success and praised the Suryadatta family for balancing education with social responsibility.

    Prof. Dr Sharadchandra Darade also lauded the institution’s progress. The programme was compered by Shweta Rathod and Sandeep Patil, while Sushama Chordiya delivered the vote of thanks.

    Also, On the occasion of Suryadatta’s 28th Foundation Day, Suryadatta Group of Institutes, Pune, conferred the ‘Suryadatta Global Lifetime Achievement Award and ‘Global Peace Ambassador Award – 2026’ upon Prem AvataarMaitreya Dadashreeji: The Saint of Modern India at Karjat. He was honoured in recognition of being a Global Humanitarian, Transformation Pioneer and Social Reformer, connecting entire humanity as One World One Family.

    Additionally, internationally renowned celebrity chef Vikas Khanna was honoured with the ‘Suryadatta National Award for Excellence in the Field of Global Hospitality Management and Culinary Arts’ at Mumbai.

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

  • Dhruv Consultancy Services Secures Multiple Consultancy Contracts Across Maharashtra, Telangana, Uttar Pradesh and West Bengal

    Dhruv Consultancy Services Secures Multiple Consultancy Contracts Across Maharashtra, Telangana, Uttar Pradesh and West Bengal

    Mumbai (Maharashtra) [India], February 27: Dhruv Consultancy Services Limited. (DCSL)(BSE – 541302 | NSE – DHRUV), one of the leading infrastructure consultancy companies in India, has secured significant Letters of Award (LOA) and Letters of Acceptance across highways, bridges, DPR preparation, supervision consultancy and project management assignments from central and state government authorities during January and February 2026.Key Consolidated Financial Highlights

    During the period, the Company received the following mandates:

    Preparation of DPR for 4-laning of Malegaon–Manmad–Kopargaon (Maharashtra) from National Highways Authority of India (NHAI) valued at ₹4.58 Cr (Duration: 9 months).

    Preparation of DPR for 4-lane Southern Bypass of Jalgaon City (Maharashtra) from National Highways Authority of India (NHAI) valued at ₹2.79 Cr (Duration: 7 months).

    Preparation of DPR including design for bridges and grill/drop gates in Malda, Murshidabad and Nadia Districts (West Bengal) along Indo-Bangladesh Border Roads (IBB) from Central Public Works Department (CPWD) valued at ₹1.73 Cr (Duration: 9 months).

    Supervision Consultancy Services for Operation & Maintenance of 2-lane of Hyderabad (Tukkuguda) to Dindi Section of NH-765 (Telangana) from National Highways Authority of India (NHAI), Regional Office Hyderabad, valued at ₹2.88 Cr excluding GST (Duration: 36 months).

    Project Management Consultancy (PMC) for Construction Supervision works in District Kanpur (Uttar Pradesh), including Supervision Construction of Ganga River Bridge and approach road adjoining Kanpur Nagar to Shuklaganj–Unnao from U.P. State Bridge Corporation Ltd. valued at ₹1.68 crore excluding GST (Duration: 24 months).

    Preparation of DPR for Construction of Ring Road to Dhule City Connectivity connecting NH-53 to NH-52 (State of Maharashtra) valued at ₹2.58 Cr (Duration: 7 months).

    These assignments span a diverse range of infrastructure consultancy services including Detailed Project Reports (DPR), bridge design, highway engineering, long-term supervision consultancy and project management consultancy across Maharashtra, Telangana, Uttar Pradesh and West Bengal.

    The expansion highlights the company’s strategy to strengthen its presence across key infrastructure verticals while building a geographically diversified and balanced order book. With an unexecuted order book of approximately 256 crore as on date, the balanced mix of DPR assignments and supervision mandates provides strong revenue visibility and supports stable long-term growth.

    The Company continues to focus on expanding its consultancy footprint across regions, reinforcing its commitment to delivering technically robust, time-bound and quality-driven infrastructure solutions.

    Upon the development, Mrs. Tanvi Dandawate Auti, Managing Director, stated, “We are pleased to secure significant consultancy mandates across multiple states and infrastructure segments. These awards reflect the continued confidence that central and state authorities place in our technical capabilities and execution track record.

    Our diversified portfolio spanning DPR preparation, bridge design, supervision consultancy and PMC services enables us to offer integrated engineering solutions across multiple stages of infrastructure development, thereby strengthening our ability to service clients comprehensively. The addition of these assignments further enhances revenue visibility while expanding our regional footprint.

    We remain committed to delivering high-quality engineering outputs, adhering to strict timelines and maintaining strong technical oversight across all our ongoing projects.”

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

  • Building the Future of Steel: MPK Steels Enhances Capacity with Automation and Solar Expansion

    Building the Future of Steel: MPK Steels Enhances Capacity with Automation and Solar Expansion

    New Delhi [India], February 27: As a rapidly developing nation, India relies on companies that not only set ambitious targets but also consistently deliver on their commitments. MPK Steels (I) Limited is one of them, which has steadily positioned itself as a manufacturer of premium-quality mild steel structural products, catering to critical sectors such as infrastructure, construction, power, and railways.

    Built on a strong foundation of integrity, innovation, and performance, the company continues to strengthen its operational capabilities in alignment with its long-term growth vision.

    In a significant milestone aligned with the stated Use of Proceeds in its RHP, the company has successfully completed the automation of Plant A under Phase 1, which is now fully automatic and operational. This development marks a major step toward enhancing production efficiency, quality consistency, and scalable manufacturing.

    Alongside operational expansion, the company has also made steady progress on its sustainability roadmap. The land acquisition for the 2 MW solar power plant has been completed, and plantation activities are currently underway. The solar project is expected to be handed over by the end of March, reinforcing the company’s commitment to energy-efficient and environmentally responsible manufacturing.

    Speaking on the development, Mr. Manoj Upadhyay, Managing Director, said,
    “We are proud to announce that Plant A is now fully automated and operational as planned under our growth roadmap. This upgrade not only strengthens our manufacturing capabilities but also reflects our focus on technology-driven efficiency. Simultaneously, the progress on our 2 MW solar plant highlights our commitment to sustainable and future-ready operations.”

    The automation of Plant A is expected to streamline production processes, reduce operational downtime, and improve overall output reliability, enabling the company to better cater to infrastructure and industrial demand.

    With strong leadership and a clear execution strategy, these developments demonstrate the company’s disciplined utilisation of funds and its continued focus on long-term value creation. By integrating automation with green energy initiatives, the company is steadily moving toward building a more efficient, sustainable, and future-ready manufacturing ecosystem.

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

  • Rewriting the Rules: AdCounty Media’s Vision for AI Powered Advertising

    Rewriting the Rules: AdCounty Media’s Vision for AI Powered Advertising

    New Delhi [India], February 27: Today’s advertising landscape is driven by more than creativity alone. Algorithms, data, and precision now dictate how brands connect with audiences. In this evolving AdTech ecosystem, one name stands out – AdCounty Media.

    Founded in 2017 in Jaipur, AdCounty has transformed from a mobile ad network into a publicly listed, AI powered AdTech company, with a footprint in 47 countries. Its growth is not merely geographic, it reflects a fundamental reimagining of advertising in a privacy first, AI driven world.

    AI at the Core, Not on the Side
    At AdCounty, AI is not treated as a supporting layer, it is foundational. From real time automation and optimization to advanced fraud prevention, intelligence is embedded across the ecosystem.

    “AI is not just about automation anymore. It’s about experience. When built with intent, technology moves beyond algorithms to create human- first solutions that unlock real, long term business impact, “says Aditya Jangid, Chairman & Managing Director.

    Mr. Jangid’s philosophy is brought to life through AdCounty’s flagship DSP (Demand Side Platform), BidCounty, which processes over 10 billion impressions monthly. Designed for a cookieless future, the platform leverages contextual intelligence and first-party data to remain both performance driven and privacy compliant.

    By FY2025, BidCounty became a significant contributor to AdCounty’s overall revenue, reflecting the growing industry shift toward AI-driven, transparent media buying.

    Redefining Mobile Performance with Opsis Pro
    As mobile emerged as the dominant digital channel, AdCounty launched Opsis Pro in late 2025, redefining mobile performance marketing with accountability at its core.

    Key features include:
    • Continuous AI driven optimization for improved conversions
    • Privacy compliant audience intelligence
    • Real time tracking of installs, retention, and revenue
    • Multi-layer AI fraud detection ensuring brand safety.

    The platform is built on a simple conviction: intelligence without intent is incomplete. As Delphin Varghese, Co-Founder and Whole time Director, explains,
    “We’re living in a time where AI can optimize every detail and power the engine, but the direction has to remain human because at the end of the day, ads still need to connect with people.”

    This belief has shaped a mobile growth platform that delivers scale with clarity, eliminating opacity and setting a rare new standard in performance advertising.

    What’s Next : Search, Leads, and Connected TV
    AdCounty’s roadmap demonstrates a clear and deliberate vision for the future of advertising.

    • iSearch Ads – AI driven optimization for Apple Search Ads, enhancing iOS app discovery
    • Genwin – Brand safe lead generation for BFSI, Real Estate, and B2B sectors using high quality PPC models
    • SeeTV – Connected TV solutions integrating shoppable formats with precise household level targeting within the Apple ecosystem

    Together, these platforms allow AdCounty to manage the entire funnel from discovery to conversion across emerging digital touchpoints.

    “In the digital age, agility drives success,” says Chandan Garg, Managing Director. “With AI and strategic thinking working together, Adtech is evolving from disruption to value using technology to anticipate market needs ahead of time.”

    An Indian Blueprint for AI Led Advertising
    AdCounty Media’s journey mirrors the broader transformation of global advertising. By building proprietary AI platforms, embracing privacy- first principles, and maintaining disciplined financial practices, the company demonstrates what sustainable scale in AdTech truly looks like.

    Beyond a success story, AdCounty offers a compelling blueprint for Indian companies aspiring to become global AdTech leaders rooted in technology, trust, and measurable impact. In an industry increasingly defined by algorithms, AdCounty Media is not just adapting to the rules of advertising, it is redefining them.

  • Kaushalya Logistics Launches Multimodal Operations with First Rake; Pan-India Expansion of New Vertical

    Kaushalya Logistics Launches Multimodal Operations with First Rake; Pan-India Expansion of New Vertical

    Mumbai (Maharashtra) [India], February 27: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has commenced its new vertical of multimodal logistics operations with the successful loading of its first BCN rake from Nagpur to Durgapur for Premier Irrigation Adritech PrivateLimited, marking a significant milestone in the Company’s operational journey.

    The consignment comprised Irrigation Pipe Systems, marking the Company’s strategic entry into a new vertical and reinforcing its commitment to diversifying service offerings. The Company is planning to develop this new vertical for various other customers and leverage rail connectivity to deliver efficient, cost-effective transportation solutions.

    Building on this initiative, the Company aims to scale its multimodal offerings to a broader customer base across industries, strengthening its presence in key industrial hubs. By integrating rail connectivity, the company is positioning itself to enhance transit efficiency, optimize freight movement, and build a scalable, pan-India multimodal network to meet the evolving transportation needs of large industrial clients.

    Commenting on the development, Mr. Rajendra Shekhawat, CEO & Mr. Sangeeth George, CFO, Kaushalya Logistics Limited, said, “The launch of our multimodal operations is a significant step towards diversifying our service offerings. We are actively planning to develop this new vertical and extend these services to various other new customers across industries. In line with this strategy, we have already initiated surveys in Nagpur for Indorama and other prospective clients to assess demand and operational feasibility for similar multimodal solutions.”

    Also, Mr. Uddhav Poddar, Managing Director, Kaushalya Logistics Limited, said, “We intend to expand this multimodal logistics business on a pan-India basis and see substantial growth potential in this vertical. With increasing demand for integrated and rail-based freight solutions, we aim to capitalize on emerging opportunities, strengthen our network, and position ourselves as a reliable partner for large-scale industrial transportation requirements.”

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.

  • India’s Real Estate Enters a Structural Growth Phase: Ashish Joshi on Institutional Depth and Governance-Led Investing

    India’s Real Estate Enters a Structural Growth Phase: Ashish Joshi on Institutional Depth and Governance-Led Investing

    Mr. Ashish Joshi, Managing Director, Landmark Capital Advisors

    Mumbai (Maharashtra) [India], February 26: India’s real estate sector is transitioning from cyclical expansion to structural consolidation. What was once largely liquidity-driven is now increasingly shaped by institutional capital, regulatory discipline, and income-oriented investing.

    According to Ashish Joshi, Founder of Landmark Capital Advisors, Indian real estate is entering a phase defined less by speculative appreciation and more by structural fundamentals.

    “This is not merely another upcycle. We are witnessing ecosystem-level strengthening — from regulatory transparency to institutional participation and capital sophistication,” says Joshi.

    A Structural Shift Backed by Data

    India remains the fastest-growing major economy, with GDP projected to expand at 6–7% annually over the medium term (IMF estimates). This macro resilience is translating into sustained real estate capital flows.

    • Institutional investments in Indian real estate crossed ~USD 5–6 billion annually in recent years (JLL, CBRE reports).
    • Over the past five years, cumulative institutional inflows have exceeded USD 25 billion.
    • Office, logistics, and residential assets account for the majority of this capital allocation.
    • REIT and AIF participation has deepened capital markets transparency.

    Unlike previous cycles, capital today is increasingly long-duration and yield-focused.

    “Allocator conversations have evolved,” Joshi notes. “The focus has shifted from aggressive IRR targeting to income durability, downside protection, and asset-level governance.”

    Institutional Capital Is Reshaping Market Behavior

    Institutional participation — both global pension funds and domestic capital pools — is redefining investment frameworks.

    Recent trends indicate:

    • Global Capability Centers (GCCs) leased over 40% of Grade-A office space in major Indian cities in the past year.
    • India’s total Grade-A office stock has expanded from ~450 million sq ft a decade ago to over 800 -900 million sq ft, with projections exceeding 1.2–1.3 billion sq ft by 2030.
    • Logistics and warehousing stock has grown rapidly, supported by e-commerce expansion and supply-chain realignment.

    Beyond volume, the nature of capital has changed:

    • Structured vehicles
    • Asset-level reporting
    • ESG and sustainability integration
    • Phased deployment strategies

    This signals a transition from momentum-driven allocation to process-driven capital deployment.

    Office Real Estate: Flight to Quality

    India continues to attract multinational corporations and GCC expansion across Bengaluru, Hyderabad, Mumbai, Pune, and NCR.

    Gross office leasing in recent years has typically been in the 50–70 million sq ft annual range, with 2025 touching over 80 million sq ft, placing India among the largest global office markets.

    However, growth is increasingly selective:

    • Prime Grade-A assets show strong occupancy resilience.
    • Secondary inventory faces pricing and vacancy pressure.
    • Sustainability-certified buildings command rental premiums of 8–12% in certain micro-markets.

    “Quality-led dispersion will define performance,” says Joshi. “Tenant strength and asset management discipline will matter more than broad market optimism.”

    Residential: From Momentum to End-User Stability

    India’s residential sector has seen strong recovery:

    • Annual housing sales across top 7 cities crossed 300,000+ units in recent peak years (Anarock, PropEquity data).
    • Inventory overhang has reduced significantly from prior-cycle highs.
    • Premium and luxury segments have outperformed, particularly in Mumbai, NCR, and Bengaluru.

    However, the structural shift suggests normalization rather than overheating.

    Demand is increasingly:

    • End-user driven
    • Supported by urban income growth
    • Anchored in demographic strength (median age ~28 years)

    Landmark Capital Advisors emphasizes underwriting discipline in this phase:

    • Developer governance
    • Execution timelines
    • Capital structuring
    • Cash flow visibility

    “Risk must be evaluated holistically, particularly in under-construction and premium segments where capital deployment spans multiple years,” Joshi explains.

    Governance as Competitive Advantage

    Regulatory evolution — including RERA implementation, REIT frameworks, and strengthened AIF compliance — has enhanced transparency.

    Institutional allocators now assess:

    • Reporting standards
    • Risk frameworks
    • Incentive alignment
    • Capital recycling discipline

    “Governance is no longer a compliance checkbox — it is a performance driver,” says Joshi.

    Platforms that embed governance into structuring philosophy are increasingly preferred by long-term capital.

    The Rise of Income-Oriented Strategies

    Historically, valuation expansion drove a meaningful share of returns in Indian real estate. With cap-rate compression moderating in prime markets, the next phase will emphasize:

    • Rental growth
    • Net operating income (NOI) expansion
    • Leasing execution
    • Structured refinancing

    India’s REIT market, now managing USD 15+ billion in assets, has demonstrated investor appetite for stabilized, income-generating assets.

    Institutional investors are increasingly favoring:

    • Stabilized commercial portfolios
    • Hybrid income-growth strategies
    • Operational value-add frameworks

    “Income visibility will anchor future performance,” Joshi notes. “Operational alpha will separate outperformers from passive participants.”

    Operational Alpha: The Next Differentiator

    As markets mature, execution becomes central to value creation:

    • Leasing expertise
    • Asset repositioning
    • Sustainability integration
    • Financial engineering
    • Structured exits

    Landmark Capital Advisors focuses on phased capital deployment and volatility management frameworks to enhance long-term credibility.

    “India’s growth story remains compelling. But the composition of returns is evolving,” says Joshi.

    Looking Ahead: Precision Over Expansion

    India’s structural growth shift reflects maturation, not slowdown.

    Urbanization, infrastructure development, demographic advantage, and supply-chain repositioning continue to support real estate demand. However, broad-based appreciation is giving way to selective, governance-led growth.

    According to Ashish Joshi, the next decade will reward:

    • Governance integrity
    • Asset-level precision
    • Income durability
    • Operational excellence

    “The future of Indian real estate belongs to disciplined capital.”

    As India advances through this structural transformation, real estate appears less driven by speculative cycles and more by institutional depth — where strategic clarity and execution excellence will ultimately determine long-term success.

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

  • WAE Earns EcoVadis “Committed” Badge, Launching a Structured Journey Towards Platinum Sustainability Certification

    WAE Earns EcoVadis “Committed” Badge, Launching a Structured Journey Towards Platinum Sustainability Certification

    New Delhi [India], February 26: WAE, India’s leading sustainable hydration solutions provider for institutional and commercial environments, today announced that it has been awarded the EcoVadis “Committed” Badge, a globally recognized sustainability acknowledgment by EcoVadis. The recognition marks the formal institutionalisation of WAE’s Environmental, Social and Governance (ESG) framework and the beginning of a structured, multi-year journey towards EcoVadis Platinum certification.

    EcoVadis is the world’s most widely used provider of corporate sustainability ratings, assessing companies across four critical dimensions: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. It’s methodology is grounded in international sustainability frameworks including the Global Reporting Initiative (GRI), the United Nations Global Compact (UNGC), and ISO 26000. It is trusted by more than 100,000 organizations globally to evaluate ESG performance and supply-chain integrity.

    The Committed Badge signifies that WAE has successfully completed the comprehensive sustainability assessment by EcoVadis and has demonstrated the presence of formalized policies, governance mechanisms, and performance indicators aligned with global ESG expectations. The Company views this recognition not as an endpoint, but as a baseline for disciplined improvement.

    “We do not view the Committed badge as an accolade; we view it as an audit of intent,” said A Vikram Joshe, Founder and MD, WAE Ltd. “It marks the point at which sustainability stops being narrative and becomes architecture—measured, governed, and accountable. Our objective is not incremental compliance but systemic excellence, with Platinum as a long-term outcome of disciplined execution.”

    WAE is now translating the EcoVadis assessment into a structured transformation roadmap, including the integration of ESG metrics into leadership scorecards, strengthened supplier sustainability due-diligence, and targeted initiatives across environmental performance, workforce practices, and governance.

    EcoVadis is not a certification to be chased; it is a standard to be built into the enterprise over time,” Vikram added. “Our ambition is not to score well—but to operate well, consistently, verifiably, and at scale.”

    About WAE

    WAE is a leading Indian organisation delivering sustainable drinking water and integrated water management solutions across corporate, institutional, and industrial sectors. With a strong emphasis on engineering design, regulatory compliance, and circular water systems, the company operates at the intersection of technology, public health, and environmental stewardship. WAE is widely recognised for advancing responsible water infrastructure within India’s built environment and continues to contribute to the evolution of compliance-driven, resource-efficient water solutions.

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

  • The Jaipur Kurti Revolution: How Nandani Creation is Scaling Heritage into a 100-Crore Powerhouse

    The Jaipur Kurti Revolution: How Nandani Creation is Scaling Heritage into a 100-Crore Powerhouse

    Jaipur (Rajasthan) [India], February 26: Nandani Creation Ltd(NSE: JAIPURKURT | INE696V01013)

    In the sun-drenched courtyards of Rajasthan, where the rhythmic sound of wooden blocks hitting fabric has echoed for centuries, a new kind of legacy is being written. Amidst the vibrant chaos of Jaipur’s Johari Bazaar and the timeless elegance of the Pink City, the scent of fresh dyes and the glimmer of Gota Patti have always told a story of royalty. However, the true revolution began when this local fervourwas reimagined for the modern woman. Today, Nandani Creation Ltd (NSE: JAIPURKURT)—the powerhouse behind the iconic Jaipur Kurti brand—is proving that the soul of Rajasthan isn’t just a heritage to be preserved, but a global fashion statement to be worn every day.

    The journey from a local Jaipur label to a National Stock Exchange-listed entity is a masterclass in scaling domestic artistry through modern data and discipline. Founded by Mr Anuj Mundhra and Mrs Vandana Mundhra, the company initially carved a niche as a digital-first pioneer. While many traditional labels were hesitant to embrace the internet, the creators of Jaipur Kurti leaned into the shift, achieving a staggering 52% CAGR during its early digital phase. This first-mover advantage allowed them to master the art of online storytelling before the market became saturated, transforming them from a simple online supplier into a beloved national household name.

    The year 2025 marked a historic turning point for the company as it officially crossed the 100-crore sales milestone in a single calendar year. This achievement is not merely a financial win; it is a validation of their “Concept to Creation” philosophy. Unlike traditional fashion houses that follow rigid seasonal calendars, Nandani operates a high-velocity design engine that launches new styles every two to three weeks. With over 5,000 unique SKUs and an average of 700 new designs annually, the brand ensures it stays ahead of the trend curve, offering “fresh fashion” at an accessible average selling price of ₹900 appx..

    Beyond the numbers, the brand’s strength lies in its strategic multi-brand portfolio. From the everyday elegance of the flagship Jaipur Kurti and the handcrafted premium feel of Jaipur Kurti Luxe to the high-end wedding sophistication of “Amaiva-By Jaipur Kurti”, the company caters to every facet of a woman’s life. This versatility is why the brand resonates with everyone from corporate leaders to college students—a connection further solidified by their earlier partnership with Bollywood icon Madhuri Dixit, who served as the Brand Ambassador, embodying the same grace, longevity, and “Dhak-Dhak” spirit that the brand stands for.

    The most compelling chapter of this story is Nandani’s transition to an “Asset-Light” model. By shifting from in-house manufacturing to demand-based outsourcing, the company has optimized its working capital and improved margins. This operational agility is fuelling an aggressive omnichannel expansion. With over 180+ shop-in-shop counters/LFRS presence in Shoppers Stop, Reliance Trends, Centro, Avantara & Kalanikethan etc. and a growing fleet of Exclusive Brand Outlets in major hubs like Rajasthan, Delhi, Mumbai, Gurgaon, Gujarat, Uttar Pradesh, Bangalore etc., the brand is successfully bringing the authentic fervour of Jaipur to every corner of India.

    As Nandani Creation continues to target a projected 30% CAGR, it stands as a rare example of a business that balances artistic legacy with fiscal precision. The story of Jaipur Kurti is far from over; it is a narrative of how a traditional craft can be re-engineered for a digital age, proving that when you wear a piece of this legacy, you are wearing the future of Indian fashion.

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

  • Sonani Jewels unveils ‘9 to Fine Collection’ Lab Grown Diamond Jewellery for Everyday Life

    Sonani Jewels unveils ‘9 to Fine Collection’ Lab Grown Diamond Jewellery for Everyday Life

    Surat (Gujarat) [India], February 26: Sonani Jewels has unveiled “9 to Fine”, an everyday fine jewellery collection created to elevate daily style with refined elegance. Designed for women who appreciate subtle sophistication, the collection transforms everyday dressing into a styled statement — proving that fine jewellery isn’t reserved for occasions alone, but belongs in your daily wardrobe.

    Crafted in 9KT gold and set with lab-grown diamonds, the 9 to Fine collection features a versatile range across rings, earrings, necklaces, pendants, bracelets and stackable styles. The strength and lightness of 9KT gold ensure comfort and durability for daily wear, while lab-grown diamonds bring brilliance with a conscious approach to modern luxury. The name “9 to Fine” reflects jewellery designed to move seamlessly from work hours to evenings out, refined, wearable and relevant.

    Designed with gifting at its heart, the collection celebrates moments both big and small, whether it is self-appreciation, a birthday surprise, an anniversary token or a festive gift.

    Speaking about the collection, Agastya Sonani, Founder, Sonani Jewels, said, “Jewellery shouldn’t just complement an outfit — it should define it. The right piece has the power to set the tone, elevate your presence and express your individuality, whether you’re at work, at a celebration, or simply moving through your day. With 9 to Fine, we’ve created fine jewellery that carries that same strength and confidence into everyday wear — pieces that are effortless, versatile and designed to be lived in.”

    He added, “Gifting today has evolved beyond grand gestures to something deeply personal, such as honouring yourself, marking milestones, or giving something special simply because. These pieces are designed to be worn often, styled effortlessly, and cherished for the stories and emotions they represent.”

    The collection features delicately crafted designs highlighted with white, pink, yellow and blue lab-grown diamonds, adding character to your everyday fine jewellery. The brand also offers customisation options, enabling customers to select diamond colours and design elements that reflect their personal tastes.

    As with every piece of jewellery offered by Sonani Jewels is entirely manufactured in-house, reflecting the brand’s commitment to precision, quality and unmatched craftsmanship.

    With 9 to Fine, Sonani Jewels reinforces its belief that diamond jewellery belongs in your everyday life. Because true luxury is not about saving it for some special occasion. It is about wearing it today, feeling it today and flaunting it fearlessly. The collection is now available at Sonani Jewels stores and through the brand’s official channels.

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