Category: Press Release

New Delhi [India], August 8: TimesPro, India’s market leader in Higher EdTech and a part of the Times Group, announced a planned leadership transition. Anish Srikrishna, the TimesPro CEO since 2015, will step down after a transformative decade at the helm, having executed an elaborate succession process to ensure business continuity. Abhishek Arora, a dynamic leader with expertise in e-commerce and education, will assume the role of CEO effective 1st August 2025.   

Over the past decade, TimesPro achieved market leadership in the H.EdTech space, delivering 70% CAGR growth and sustained profitability. The period established TimesPro as India’s most trusted Higher EdTech brand, solving for access and affordability in Higher Education while bridging industry-academia gaps through innovation and strategic partnerships.   

Mr. Vineet Jain, Managing Director, Times Group, stated:   

“Anish’s contribution in building TimesPro from inception to a market leader in H.Ed Tech is appreciable, and I wish him the very best in his future endeavours. Abhishek’s blend of commercial acumen and tech-first mindset positions TimesPro for its next and very exciting growth phase. This carefully planned and executed succession plan reflects TimesPro’s governance maturity.”   

Anish Srikrishna remarked:   

“Leading TimesPro has been a unique honour. With the business robust, profitable, and future-ready, now is the ideal time to pass the baton. Abhishek is the right leader to harness the emerging opportunities for TimesPro, and I look forward to seeing the company do even better under his able leadership. I thank Mr. Vineet Jain, MD, stakeholders from the Times Group, our valuable partners and our wonderful teams for their unwavering trust in me and in TimesPro.”   

Abhishek Arora, Incoming CEO, added:   

“I am privileged to build on TimesPro’s extraordinary legacy. TimesPro will accelerate its mission of democratizing education through technology, while deepening industry alliances and learner impact.”   

About TimesPro: 

TimesPro, established in 2013, is a leading Higher EdTech platform dedicated to empowering the career growth of aspiring learners by equipping them with skills to rise in a competitive world. TimesPro’s H.EdTech programmes are created to meet the rapidly changing industry requirements and have been blended with technology to make them accessible & affordable.  

TimesPro offers a variety of created and curated learning programmes across a range of categories, industries, and age groups. They include employment-oriented early career programmes across BFSI, e-Commerce, and technology sectors; executive education for working professionals in collaboration with premier educational institutions like IIMs and IITs; and organisational learning and development interventions at the corporate level. TimesPro also collaborates with India’s leading organisations across varied sectors to provide upskilling and reskilling solutions to boost employability and create a robust workforce. TimesPro is a Higher EdTech initiative by The Times Group.  

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Dubai [UAE], August 6: Water & Shark, a global leader in legal and accounting advisory, has launched its pioneering Retention Bonus Option Plan (RBOP)—a game-changing initiative designed to reward loyalty, retain top talent, and cultivate the next generation of global leaders.

The RBOP reflects the firm’s unwavering belief that people are not just resources—they are co-creators of the firm’s journey. This visionary plan rewards professionals who have completed at least two years with Water & Shark and are committed to building the firm over the next four years. Eligible team members will receive structured bonus payouts ranging from 4x to 10x of their monthly gross salary, distributed strategically over the next three years to provide both immediate motivation and long-term security.

“You don’t need a massive bank balance to reward your people—you need courage, clarity, and a sound plan. This initiative is about sharing the journey, making our people true partners in our growth,” said Harsh Patel, Founder & Global CEO of Water & Shark.

The RBOP sets a new benchmark in the legal and accounting services industry. While others talk of retaining talent, Water & Shark is walking the talk — with legal safeguards, clear timelines, and a transparent structure. The plan aligns perfectly with the firm’s mission to attract, retain, and nurture exceptional talent, as it builds a world-class legal and accounting powerhouse across the globe.

The firm’s people-first ethos is further reflected in other long-term milestones — such as company-sponsored cars for professionals completing 5 years and housing support for those reaching 10 years with the firm.

“Our vision is bold: over the next three years, Water & Shark aims to grow 20x — and we will only get there by investing in the people who drive that vision. Talent is our greatest asset, and nurturing it is our greatest responsibility,” Mr. Patel added.

As Water & Shark continues to scale its presence across the UAE, India, Singapore, USA, UK, and beyond, the RBOP underscores its commitment to building not just a company — but a legacy of leadership, loyalty, and shared success.

For media inquiries, please contact:
press@waterandshark.com
www.waterandshark.com

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Surat (Gujarat) [India], August 6: Sarvajanik Education Society and Sarvajanik University’s Chunilal Gandhi Vidyabhavan (CGV) commemorated the 154th Birth Anniversary of Shri Chunilal Gandhi—a visionary whose legacy continues to inspire generations—through a solemn and inspiring ceremony held on 5th August, 2025, at the SES Board Room, Athwalines, Surat.

To mark this significant occasion, the university also unveiled a state-of-the-art digital platform, a landmark initiative aimed at integrating technology with education and culture to enrich the academic landscape.

The event was graced by the presence of Padma Shri, Shri Yezdi Karanjia, President of Sarvajanik Education Society, renowned for his outstanding contributions to the cultural fabric of Gujarat. His presence added a special dimension to the celebration.

Other distinguished dignitaries included Shri Bharat Shah, Chairman of Sarvajanik Education Society; Shri Ashish Vakil, Dr. Kishor Desai, Vice Chairmen of SES; past chairman of SES , Managing Committee members of SES, Shri Mayank Trivedi, Dr. Sagar Desai and Shri Ashish Desai.

In their addresses, the dignitaries reflected on Shri Chunilal Gandhi’s foresight and commitment to education, while underlining the critical role of digital transformation in shaping the future of learning. The newly launched digital platform is envisioned to become a vibrant hub for knowledge sharing, offering diverse learning resources and supporting cultural initiatives.

Adding a personal touch to the ceremony, Shri Shreyas Gandhi and Shri Ashit Gandhi, great-grandsons of Shri Chunilal Gandhi, shared fond memories and insights into the remarkable life and contributions of their ancestor.

Further enriching the occasion, Shri Naresh Kapadia introduced “Jivan Ghadtar”, a unique and value-based educational initiative curated by Chunilal Gandhi Vidyabhavan for primary school students, focused on character-building and foundational learning.

The ceremony was compered by Prof. Swati Mehta, who efficiently conducted the proceedings. The event concluded with a heartfelt vote of thanks delivered by Dr. Meeta Vansadia, Director of Chunilal Gandhi Vidyabhavan.

Mumbai (Maharashtra) [India], August 6:  The good news for the citizens of Malad is that by the end of this year, a new 60-foot-wide and 550-meter-long road is going to be available, which has been named the Shankar Lane Missing Link Project. This new road will directly connect the Malad Shankar Line to the Malad Link Road near Valnai Metro Station.

Municipal Corporation Mumbai, P/North Ward, has started working on this project rapidly to reduce the traffic problem here. Assistant Municipal Commissioner of P/North Kundan Valvi said that with the construction of this road, an alternative route will be created to go from Malavani, Jan Kalyan Nagar and Lalji Pada to Western Express Highway. This project will also reduce the traffic pressure on areas like Marve Road, Malad Sub-way, and people will get relief. Along with this, the problem of waterlogging in the Sapur Pada area during the rainy season will also be solved to a great extent.

P/North Executive Engineer Mandar Chaudhary informed that this project will be completed in three phases. For this, a total of 357 houses are to be demolished, out of which 110 huts have been demolished so far. The rest of the work is also going on at a fast pace. The people whose huts have been demolished have been shifted to Seraj Guriapada SRA, New Link Road, Malad (West). While giving information about this project, Dr. Bhagyashree Kapse, Deputy Commissioner of Municipal Corporation of Zone 4, assured that this road will be completely ready in the next 3 to 4 months. Her team is working very hard so that Malad can get this new road before time.

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Mumbai (Maharashtra) [India], August 6: Rajputana Industries Limited (NSE: RAJINDLTD), a renowned name in manufacturing of non-ferrous metal products, has announced its Un-Audited Financial Results for Q1 FY26.

Q1 FY26 Key Financial Highlights

• Total Income of ₹ 167.19 Cr, YoY growth of 40.46%
• EBITDA of ₹ 6.63 Cr, YoY growth of 9.46%
• PBT of ₹ 3.75 Cr, YoY growth of 23.56%
• Net Profit of ₹ 2.79 Cr, YoY growth of 22.74%

Commenting on the performance, Mrs. Shivani Shaikh, Chairman and Managing Director of Rajputana Industries Limited, said, “Our Q1 FY26 performance underscores the strength of our business model and our ongoing commitment to operational excellence. As a company deeply rooted in non-ferrous metal recycling, our capability to transform quality scrap into high-grade copper, aluminium, brass, and alloy products continues to position us as a reliable and value-driven player in the industry.

The global winding wire market is on a strong growth trajectory, projected to expand from USD 14.88 billion in 2024 to USD 23.02 billion by 2030, fueled by rising demand across automotive, industrial machinery, electronics, and renewable energy sectors. As a key material in motors, transformers, and generators, winding wire plays a critical role in enabling electric mobility and energy-efficient technologies.

Looking ahead, we are focused on scaling our manufacturing capabilities, enhancing product quality, and leveraging emerging opportunities across electric mobility, energy, and infrastructure sectors. With a clear strategic vision and favorable industry tailwinds, we are well-positioned to drive sustained growth and long-term value creation.”

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New Delhi [India], August 5: IPS Academy, Institute of Engineering and Science, has once again proven its academic excellence and commitment to innovation by securing top ranks in the prestigious Times Engineering Survey 2025. The institution has not only maintained its stature among the best engineering colleges in the country but has also showcased significant progress across various national performance indicators.

As per the survey results, IPS Academy ranked 27th among the Top 175 Engineering Institutes in India, a remarkable achievement that places it in the upper echelon of technical education in the country. Furthermore, the institute secured the 25th rank among the Top 125 Private Engineering Institutes, 29th in Placement Performance, and 6th among Engineering Institutes in the West Zone, including Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh. The academy also attained the 47th position among the Top 70 Institutes for Placements, further emphasizing its strong industry linkages and student career success.

Expressing pride in the institution’s growing reputation, Mr. Achal Choudhary, President of IPS Academy, said, “Our rankings in the Times Engineering Survey reflect our unwavering focus on quality education, industry alignment, and student-centric growth. We aim to continue breaking barriers and setting benchmarks in higher education.”

With over 32 years of legacy, IPS Academy stands today as a symbol of trust, growth, and futuristic education in central India. As the admissions for the 2025–26 session open, the institute invites aspiring engineers to join a journey marked by innovation, mentorship, and a gateway to a promising career.

He said, These rankings are not just numbers, but a reflection of the continuous efforts IPS Academy has made in enhancing education quality, industry collaboration, research, and student employability. With over 1,900 students placed in the academic year 2024–25 and more than 563 reputed companies participating in campus drives, IPS Academy continues to be a preferred destination for aspiring engineers.

The academy’s commitment to innovation is equally noteworthy. It boasts a ₹1 crore fund exclusively for innovation and research, a rare initiative at the undergraduate level. Students are encouraged to engage in startup incubation, participate in national-level hackathons like Smart India Hackathon and e-BAJA/i-BAJA, and contribute to real-world projects through the AICTE IDEA Lab—established with the support of the Ministry of Education, Government of India.

Adding to its accolades, IPS Academy is NBA and NAAC accredited, UGC Autonomous, AICTE approved, and RGPV affiliated, ensuring academic transparency, timely exam conduction, and result declaration.

The institute’s international collaborations have also expanded in recent years. IPS Academy has partnered with globally recognized institutions such as the University of California Los Angeles (UCLA) Extension, Worcester Polytechnic Institute (USA), University of Peradeniya (Sri Lanka), and Moscow Institute of Physics & Tech (Russia) to provide students with world-class exposure and research opportunities.

IPS Academy is also officially recognized as an AWS Academy, offering cloud computing and modern tech training, aligning itself with future industry demands. Its immersive programs, personalized mentoring, and emphasis on holistic development make it a hub of talent nurturing.

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Hyderabad (Telangana) [India], August 5:  Titan Intech Limited (BSE: TITANIN | 521005) is a global leader in software development. announced the outcomes of its Board Meeting held on July 31, 2025. The company reported net sales of ₹4.97 crore, up from ₹4.82 crore in Q1 FY25. EBITDA rose by 20.9% to ₹1.62 crore, indicating improved operational efficiency. Net profit (PAT) surged 42.6% to ₹0.64 crore, while earnings per share (EPS) increased to ₹0.20. Net sales declined sequentially from ₹5.78 crore in Q4 FY25 to ₹4.97 crore in Q1 FY26.

Key Highlights: 

• The company reported a 3.18% year-on-year growth in Q1 FY 25.
• Share capital increased from ₹55 crore to ₹100 crore and stock split (1:10) approved.
•  Allotment of 8 lakh equity shares on conversion of warrants completed.
• Capitalization of ₹4.5 crore R&D spend on “3D Display & AI-Integrated Educational Platforms.”

However, EBITDA improved from ₹1.31 crore to ₹1.62 crore, and net profit rose from ₹0.52 crore to ₹0.64 crore. The results show steady top-line growth and strong margin expansion, supported by operational efficiencies and technology-driven initiatives.

The Board approved an increase in the company’s authorised share capital from ₹55 crore to ₹100 crore. It is along with a sub-division (split) of equity shares from ₹10 to ₹1 per share (1:10 split) to enhance liquidity, broaden the shareholder base, and make shares more affordable for retail investors. The record date for the split will be announced in due course.

Further, the Board approved the allotment of 8,00,000 equity shares upon conversion of warrants, comprising 3,00,000 shares to Daevish Clothing Pvt. Ltd. and 5,00,000 shares to Single Point Consultancy Pvt. Ltd.

 Managing Director, Titan Intech Limited said: “Our Q1 performance, coupled with strategic initiatives like share capital expansion, stock split, and investments in AI-driven 3D educational technologies, reflects our strong focus on creating long-term shareholder value and technological leadership.”

Additionally, the company has capitalized ₹4.5 crore in R&D expenditure during Q1 FY26 towards its pioneering project, “3D Display & AI-Integrated Educational Platforms.” The initiative focuses on developing next-generation immersive learning solutions, including AR/VR content development, glasses-free 3D displays,

AI-powered gesture control systems and curriculum-aligned 3D simulation libraries catering to engineering, medical, vocational, and science education sectors. Titan Intech plans further investments of ₹10–15 crore in this project during FY26, with an amortization period of seven years starting FY27. 

About Titan Intech Limited  

Titan Intech Limited, founded in 1984, is a global leader in software development, focusing on innovation and dedication to empower businesses and organizations. Headquartered in Hyderabad, India, the company designs, develops, and manufactures LED video displays, luminaires, high-end electronic and telecommunication equipment, and telecom software. It also provides software development and technical services to various central and state government undertakings in India. The company’s mission is to provide continuous technological advancements for productive and sustainable growth.

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Mumbai (Maharashtra) [India], August 5: Steel Exchange India Limited (NSE: INE503B01021, BSE:  534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced its unaudited financial results for Q1 FY26.

Q1 FY26 Key Financial Highlights

• Total Income of ₹ 304.95 Cr, YoY growth of 14.53%
• EBITDA of ₹ 36.35 Cr, YoY growth of 32.66%
• EBITDA Margin of 11.92%, YoY expansion of 163 BPS
• Net Profit of ₹ 10.23 Cr, YoY growth of 296.30%
• Net Profit Margin of 3.35%, YoY expansion of 238 BPS

Recent Business Highlights: 

• SIMHADRI TMT rebars approved for two major AP port projects – Machilipatnam (Megha Engineering) and Mulapeta (Vishwa Samudra JV).
• Incorporated a wholly owned subsidiary SEIL Infra Logistics Ltd on June 29, 2025, to unlock value from non-core assets and drive focus on infra & logistics.
• Received a contract for a value up to ₹ 210 Cr from RINL for conversion of 1.2 LTPA billets to Vizag Steel TMT rebars.

Commenting on the performance Mr. Suresh Kumar Bandi, Joint Managing Director, Steel Exchange India Limited said, “We’re encouraged by the momentum seen in the first quarter of the year. The performance reflects growing demand for our SIMHADRI TMT products and the impact of our continued focus on operational efficiency. Winning approvals for key infrastructure projects in Andhra Pradesh reaffirm the strength of our brand and the trust placed in our quality. At the same time, we are progressing on strategic initiatives such as the creation of our infra-logistics subsidiary, which will help us unlock further value from our ecosystem. With these developments, we remain optimistic about building on this foundation through the rest of the year.”

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New Delhi [India], August 5: Cycling enthusiasts Ankit Krishna, an acclaimed film producer and actor, and Rajesh Kunte, a renowned visa and immigration consultant, have embarked on an inspiring 1,400+ km cycling expedition from Mantralaya, Mumbai, to the Parliament in Delhi via National Highway 48 (NH48). Their mission: to raise national awareness about the urgent need for better road infrastructure and safety in India.

The ride, which began on July 28, is expected to span 15–20 days, covering more than 25 major towns and cities en route.

A Ride with a Purpose

The key objective of this initiative is to shine a spotlight on the challenges faced by daily road users and urge both the Government of India and the Ministry of Road Transport & Highways to take concrete steps toward improving the condition, safety, and accessibility of India’s national highways — particularly NH48, one of the country’s busiest economic lifelines.

“NH48 connects major economic hubs, yet many stretches are unsafe, poorly maintained, and lack proper signage or cyclist lanes,” said Ankit Krishna, before setting off. “By cycling this route ourselves, we want to demonstrate the ground reality and inspire action.”

Route Map: Cities Being Covered

Mumbai → Virar → Palghar → Talasri → Bilad → Vapi → Valsad → Navsari → Surat → Kamrej → Ankleshwar → Bharuch → Vadodara → Anand → Nadiad → Ahmedabad → Gandhinagar → Himatnagar → Shamlaji → Chittor → Udaipur → Nathdwara → Ajmer → Jaipur → Gurugram → Delhi

Mission Highlights

Awareness
Highlight the need for improved infrastructure and regular maintenance along national highways.

Challenges
Document real-time road safety hazards, potholes, lack of cyclist lanes, and design flaws.

Advocacy
Call on government bodies to take dedicated action to improve the NH48 corridor.

Engagement
Use daily updates, social media posts, and public interactions to spark a nationwide conversation about safer roads.

“We’re not just cycling for ourselves — we’re cycling for every Indian who uses these roads. This is a call to policymakers to act,” added Rajesh Kunte.

Follow the Journey

For daily updates, real-time stories, and video logs from the road, follow the official campaign page on Instagram:
 @betterroads_betterindia

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New Delhi [India], August 5: Red Chief, the renowned premium leather footwear brand, is thrilled to announce its entry into the dynamic fashion and lifestyle range with the launch of Red Chief Sports Shoes. Building on its legacy of providing high-quality, genuine leather footwear for men, Red Chief is now addressing the growing demand for stylish and comfortable Sports Shoes. This new category caters to the youth who values style, performance, and comfort for all day long.

Mr. Manoj Gyanchandani, Managing Director of Leayan Global Pvt. Ltd., says, “We observed market need for Sports Shoes that don’t compromise on style, comfort, and performance, so to address this gap, we are introducing a range with a compelling combination of these. Our Sports Shoes range comprises Running, Walking, Hiking, Training shoes, and Lifestyle Sneakers. To begin with, our focus is on Men, and over a period of time, we will launch for women too. Red Chief promises to offer uniqueness in the designs offered in this Sports Shoes category, and it will not be your ordinary shoes offered by every other brand. We are confident that this new category will attract youth and people from all walks of life, extending our existing offerings and solidifying Red Chief’s position as a leading footwear brand.”

Red Chief Sports Shoes are engineered to deliver an international-quality experience and feature cutting-edge technologies to ensure superior cushioning, comfort, and traction, empowering wearers to perform at their peak while looking their best all day long. The overall collection showcases Red Chief’s commitment to innovation, with designs that reflect current fashion trends while maintaining the brand’s signature quality and craftsmanship. Whether it’s exploring the city streets, hitting the gym,  or simply enjoying an active lifestyle, Red Chief Sports offers a shoe for every occasion.

Red Chief has a robust presence in the Indian market, reaching consumers through over 3,000+ MBOs, leading online marketplaces such as Amazon, Flipkart, Myntra, Ajio, and Tata Cliq, and over 180 +Brand Exclusive Stores besides its own E e-commerce website. This extensive network provides a strong foundation for the brand’s expansion into this vibrant Sports Shoes category.

The launch of Red Chief Sports Shoes represents a new chapter for the brand, diversifying its portfolio and appealing to a broader audience. While venturing into this exciting new category, Red Chief remains dedicated to its core values of quality, craftsmanship, and innovation.

Mens Footwear Online Shopping, Mens Apparel & Accessories | Red Chief Official Site https://share.google/Nb08txL45OXRGeveF

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