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  • Alan Scott Enterprises Reports 15% Jump in Total Income to Rs 35.51 Cr & Reported EBITDA of Rs 1.88 Cr in FY26

    Alan Scott Enterprises Reports 15% Jump in Total Income to Rs 35.51 Cr & Reported EBITDA of Rs 1.88 Cr in FY26

    Mumbai (Maharashtra) [India], May 29:  Alan Scott Enterprises Limited (ALANSCOTT, BSE: 539115), a diversified innovation-led enterprise focused on building future-ready businesses across wellness, AI, automation, clean-tech, education, and infrastructure solutions, has reported its Audited financials for Q4 & FY26.

    Key Highlights 

    Q4 FY26 Financial Performance 

    • Total Income stood at ₹8.35 Cr 

    FY26 Financial Performance 

    • Total Income reported at ₹35.51 Cr 
    • Achieved YoY growth of 14.77% 
    • Reported EBITDA of ₹1.88 Cr 
    • EBITDA Margins at 5.29% 

    Q4 FY26 Segmental Revenue 

    • Retail: ₹7.10 Cr 
    • Automation & Robotics: ₹0.87 Cr 
    • Other Segments: ₹0.38 Cr 

    FY26 Segmental Revenue 

    • Retail: ₹31.67 Cr 
    • Automation & Robotics: ₹1.77 Cr 
    • Other Segments: ₹2.07 Cr

    Note- Other segments include – Alan Scott Next & Alan Scott Frontier

    Key Operational Highlights

    Alan Scott Living (Retail & Consumer)

    • MINISO franchise delivered strong growth, with quarterly sales rising to ₹710.04 lakhs vs ₹562.30 lakhs YoY 
    • Continued focus on improving unit economics and store-level efficiency over aggressive expansion 
    • Satwik Himalayan Products and Fusion Resonance are in the active commercial rollout phase 
    • Ongoing efforts to build distribution partnerships 

    Alan Scott Works (Automation & Robotics)

    • Business is undergoing a transition toward higher-value integrated solutions 
    • FY26 marked as a structured recovery phase 
    • Envirotech products in the customer validation stage 
    • Vajrashakti commenced commercial sales under the ZestWatt brand 

    Alan Scott Next (Digital & Platform Businesses)

    • Learnix entered early commercial rollout with paid institutional pilots 
    • Core platform remains stable and market-ready 
    • UpnUp Life is in the proof-of-concept stage, with external pilots underway 

    Alan Scott Frontier (Emerging & Deep-Tech Initiatives)

    • Omnis AI launched enterprise AI platform Zynd.ai, with external pilots in progress 
    • Bluverge initiated paid agri-drone services in the Baramati region 
    • Metastar (acquired April 2026) is currently being integrated into the business structure

    Commenting on the performance, Mr. Suresh Jain, a Managing Director of Alan Scott Enterprises Limited, said, “FY26 has been a year of measured progress for Alan Scott Enterprises as we continued to strengthen our position as a diversified, innovation-led platform focused on future-ready sectors including AI, education, digital trust, wellness, sustainability, and deep-tech infrastructure.

    During the year, we remained disciplined in our approach to capital allocation while selectively investing in scalable and technology-driven opportunities. Our portfolio expansion across AI-powered education, blockchain-enabled identity platforms, drone technologies, enterprise AI governance, and conscious consumer brands reflects our commitment to building long-term growth engines.

    Within our digital ecosystem, UpnUp Life and Learnix are progressing through pilot and early commercialization phases, with a clear focus on real-world applications and scalable adoption. In the wellness segment, Satwik Himalayan Products continues to align with the increasing demand for sustainable and ethically sourced consumer offerings, supported by ongoing efforts to strengthen distribution.

    We are also advancing our presence in emerging technology segments through Omnis AI and Bluverge, where we are developing capabilities in enterprise AI governance, drone-led solutions, and next-generation infrastructure. Additionally, the integration of Metastar Media marks a strategic entry into the Web3 ecosystem, enabling new digital engagement and monetization avenues through platforms such as Artisteverse.

    Overall, our focus remains on disciplined execution and converting these emerging opportunities into sustainable revenue streams, positioning Alan Scott Enterprises for long-term value creation and scalable growth.”

    About Alan Scott Enterprises 

    Alan Scott Enterprises Limited is a diversified, innovation-driven enterprise focused on building scalable businesses across technology, wellness, automation, artificial intelligence, education, environmental solutions, and next-generation infrastructure. The Company operates through a structured multi-vertical model Living, Works, Next, and Frontier, each addressing critical gaps across consumer, industrial, and digital ecosystems.

    The Company’s approach combines entrepreneurial agility at the subsidiary level with centralized governance, capital allocation, and strategic oversight, enabling it to build a balanced portfolio of growth-stage and emerging businesses. Its expanding ecosystem includes AI-led platforms such as UpnUp Life, Learnix, and Omnis AI, along with Web3-focused digital engagement platform Metastar Media, reflecting a strong focus on future-ready technologies.

    In the consumer and wellness segment, the Company has established a presence through Satwik Himalayan Products and retail partnerships, catering to the growing demand for sustainable, ethically sourced, and conscious consumption. In parallel, its industrial and deep-tech initiatives span automation, environmental solutions, and energy-efficient technologies, aimed at driving scalable impact across sectors.

    Through Bluverge and other frontier initiatives, the Company is also advancing capabilities in drone technologies and infrastructure innovation, addressing real-world challenges in agriculture and public systems.

    Driven by a philosophy of purpose-led innovation and disciplined execution, Alan Scott Enterprises continues to build a diversified platform designed to create long-term value across high-growth and emerging sectors.

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  • The Generation That Moves for a Living

    The Generation That Moves for a Living

    How NoBroker Packers and Movers became the default choice for India

    Bengaluru (Karnataka) [India], May 29:The urban Indian millennial does not wait for a promotion to move cities. They move for the job they actually want, the startup they believe in, or simply because Pune felt right for a while and now Bengaluru does. Their Gen Z counterparts are even less attached to geography. A city is where the opportunity is, and when the opportunity shifts, so do they. This is not restlessness. It is a new relationship with career, place, and belonging that is quietly reshaping how an entire generation lives and relocates across India.

    And in the middle of every one of those moves is a question that used to be genuinely stressful: who do I trust with my stuff? NoBroker Packers and Movers has made that question easy to answer.

    Careers do not stay in one place anymore

    A decade ago, a job offer in another city was a major life event. Today, it is not. The rise of hybrid work, startup culture, and fast-moving industries like tech, design, content, and finance has made inter-city movement a regular feature of working life. Before 2010, only 30% of job holders shifted cities at least once in their whole professional career. 85% of current working professionals shift at least twice within the first 8 years of their professional journey — including a change in city for education — and the trend is growing rapidly.

    This fluidity has made relocation a life skill rather than a life crisis. The generation that orders groceries in ten minutes and books flights before a coffee finishes is not going to spend three weeks calling random packers and movers, comparing handwritten quotes, and hoping for the best. They want a process that matches the speed and reliability they are used to everywhere else.

    Your things carry your story

    Here is something that gets missed in conversations about millennials: they care deeply about their things. Not in a materialistic way, but in a personal one. The gaming setup that took two years to build. The record player that survived three cities already. The mother’s old saree box that cannot be replaced. The couch that was the first big adult purchase. These are not just objects. They carry stories, and the thought of them arriving broken — or not arriving at all — is genuinely upsetting.

    This emotional weight around belongings is exactly why the old way of hiring movers — finding a number from a neighbour, negotiating blindly, and hoping everything survives — has stopped working for this generation. They want certainty. They want to know that the person handling their television has done this a thousand times and that if something goes wrong, someone is accountable.

    NoBroker Packers and Movers: built for exactly this

    NoBroker Packers and Movers understood something the rest of the industry did not: the problem with moving was never just logistics. It was trust. And trust is built over time, at scale, with an unwavering commitment to accountability.

    Over 10 years of operations, NoBroker Packers and Movers has completed 15 Lakh+ successful moves across 100+ cities and 2,500+ localities, serving over 2 Lakh families every year. With a 4.8/5 rating from 8.9 Lakh+ verified customers, it is now India’s most reviewed and highest-rated organised relocation platform — built on a foundation that 92% of the industry, dominated by unorganised operators, has never been able to offer.

    The clearest expression of that accountability is the Zero Damage Zero Delay Guarantee — India’s first. If anything is damaged in transit, NoBroker pays. If the move is delayed, NoBroker pays. No fine print, no claim forms, no waiting. Every move is handled by verified, trained professionals. Packing materials are matched to what each item actually needs: bubble wrap for screens and glassware, stretch film for furniture, individually labelled cartons throughout, industrial-grade tape on every box.

    At the centre of it is NoBroker’s own innovation: PP (polypropylene) boxes — rigid, reusable, and fully recyclable containers that offer significantly stronger protection than standard cardboard, while being one of the most environment-friendly packing solutions in the industry. It is the kind of detail that signals a company thinking beyond the move.

    For the person whose monitor took six months of savings to buy, this specificity is not a detail. It is the entire point.

    NoBroker Packers and Movers is part of the broader NoBroker ecosystem, which means customers can find a home, move into it, and set up their new life — painting, deep cleaning, electrician work, plumbing — all within a single platform. For someone relocating to an unfamiliar city, that integration is not a convenience. It is the difference between arriving and actually settling in.

    “The packers and movers industry was deeply unorganised for the longest time. People were moving cities for the biggest moments of their lives and the process was letting them down. We felt that needed to change. Today we are in 100+ cities and growing because the need keeps growing. When I see today’s generation moving cities with confidence, that feels like a real win.”

    — Amit Kumar Agarwal, CEO & Co-Founder, NoBroker

    The industry has taken note. NoBroker Packers and Movers received the CII Industry Transformation Award for Logistics and Supply Chain (Startup Category, 2025) and the BW Supply Chain Award for Best Collaborative Supplier Partnership (2025) — both for its work in bringing structure, transparency, and accountability to one of India’s most fragmented sectors.

    The move that works, every time

    For a generation that treats cities as chapters rather than permanent addresses, the friction around moving has to match how they actually live. The mother’s saree box gets bubble-wrapped. The gaming setup gets labelled and loaded with care. The couch from the first apartment makes it to the next one intact.

    Ten years. 15 Lakh+ successful moves. 2 Lakh+ families served every year. And a Zero Damage Zero Delay Guarantee that no other player in the country has had the confidence to match. When the next opportunity comes — because for this generation it always does — NoBroker Packers and Movers service is as ready as they are.

    Moving cities is not a disruption anymore

    For the generation that treats cities as chapters rather than permanent addresses, the friction around moving has to match how they actually live. NoBroker Packers and Movers has built a service around that reality. The mother’s saree box gets bubble-wrapped. The gaming setup gets labelled and loaded with care. The couch that came with you from the first apartment makes it to the next one intact.

    The move that used to take weeks of stress now takes a form, a confirmation, and a team showing up on time. And when the next opportunity comes, because for this generation it always does, the process is just as ready as they are. No calls to random contacts, no blind trust in strangers, no arriving at a new city to find that something important did not make it. Just a move that worked, handled by people. who have done it a million times, backed by a platform that makes sure they do it right. That is not just a better moving experience. For a generation that moves as often as this one does, it is the only kind of moving experience that makes sense.

    Book your move at nobroker.in/packers-and-movers  •  Zero Damage. Zero Delay. Guaranteed.

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  • Adisoft Technologies Delivers Stellar Debut Performance Post Listing with 47% H2 Revenue Growth and 42% FY26 PAT Growth

    Adisoft Technologies Delivers Stellar Debut Performance Post Listing with 47% H2 Revenue Growth and 42% FY26 PAT Growth

    Pune (Maharashtra) [India], May 29: Adisoft Technologies Limited (NSE: ADISOFT | INE20PL01012), an industrial digital automation company specializing in automated assembly lines, robotic work cells, smart material handling systems, special purpose machines (SPMs), and Industry 4.0 solutions, has announced its Audited Financial Results for H2 & FY26.

    H2 FY26 Consolidated Key Financial Highlights 

    • Total Income of ₹119.70 Cr, YoY growth of 46.58%
    • EBITDA of ₹24.56 Cr, YoY growth of 76.69%
    • EBITDA Margin of 20.52%, YoY growth of 350 Bps
    • Net Profit of ₹17.48 Cr, YoY growth of 79.47%
    • Net Profit Margin of 14.60%, YoY growth of 268 Bps
    • Diluted EPS of ₹14.65, YoY growth of 84.05%

    FY26 Consolidated Key Financial Highlights 

    • Total Income of ₹169.33 Cr, YoY growth of 26.66%
    • EBITDA of ₹32.84 Cr, YoY growth of 42.35%
    • EBITDA Margin of 19.39%, YoY growth of 214 Bps
    • Net Profit of ₹22.80 Cr, YoY growth of 42.86%
    • Net Profit Margin of 13.46%, YoY growth of 153 Bps
    • Diluted EPS of ₹19.09, YoY growth of 41.93%

    Commenting on the Performance, Mr. Ajay Chandrashekhar Prabhu, Chairman & Managing Director of Adisoft Technologies Limited said, “FY26 marks a defining milestone in Adisoft Technologies’ journey as we entered the public markets through our successful NSE Emerge listing while simultaneously delivering a strong operational and financial performance. During the year, the company reported strong growth across key financial parameters, with Total Income increasing by 27%, EBITDA growing by over 42%, and Net Profit rising by nearly 43% on a year-on-year basis. The performance reflects the strength of our engineering capabilities, execution-focused approach, and our ability to consistently deliver high-value industrial automation solutions across sectors.

    The broader industrial automation landscape in India continues to present a significant long-term opportunity. Manufacturing companies across industries are increasingly investing in smart factories, robotics integration, process automation, warehouse automation, and Industry 4.0-driven efficiencies to enhance productivity, quality, and operational reliability. Government-led initiatives supporting domestic manufacturing, localisation, and industrial infrastructure development are further accelerating this transformation. With our integrated capabilities spanning automated assembly lines, robotic work cells, material handling systems, and customised automation solutions, we believe Adisoft is strategically positioned to benefit from these structural industry tailwinds. Our growing presence across automotive, electronics, pharmaceuticals, packaging, and industrial manufacturing sectors provides strong visibility for future growth.

    As we move ahead, our focus remains firmly on scaling the business responsibly while strengthening technology capabilities, execution bandwidth, and customer diversification. The transition into a listed company marks the beginning of a new growth phase for Adisoft, bringing enhanced visibility, stronger governance standards, and access to larger opportunities within the industrial automation ecosystem. We continue to witness healthy customer enquiries and rising adoption of automation-led manufacturing solutions across industries. Supported by our upcoming manufacturing facility in Pune, expanding engineering strengths, and continued focus on innovation-driven execution, we believe the company is well positioned to deliver sustainable long-term growth.”

    About Adisoft Technologies Limited

    Adisoft Technologies Limited, headquartered in Pune, India, is an industrial digital automation company specializing in automated assembly lines, smart material handling systems, robotic work cells, special purpose machines (SPMs), and Industry 4.0 solutions. With over 13 years of experience and a workforce of 180+ employees, the company serves sectors including automotive automation, automotive OEMs, packaging & printing, pharmaceuticals, and municipal utilities. Adisoft focuses on integrating shop-floor equipment with digital and IT-enabled systems to improve operational efficiency while reducing human intervention. 

    The company has developed strong in-house design, assembly, and testing capabilities, enabling it to deliver customized automation and process control solutions. Its product portfolio includes vision-based inspection systems, tracking and traceability systems, smart conveyors, torque wrench and poka-yoke systems, and quality control automation solutions. Adisoft is also expanding into non-automotive sectors such as pharmaceutical packaging, warehouse automation, and water treatment automation, while setting up a new manufacturing facility in Pune to support future growth. 

    The Company got listed on NSE Emerge in April, 2026

    In FY26, the company reported consolidated Total income of ₹169.33 Cr, EBITDA of ₹32.84 Cr, and Net Profit of ₹22.80 Cr. 

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  • Trustees Jairaj Thacker and Sujay Jairaj, Principal Sonali Gandhi, JNS Mumbai Blend Excellence with Holistic Learning – World News Network

    Trustees Jairaj Thacker and Sujay Jairaj, Principal Sonali Gandhi, JNS Mumbai Blend Excellence with Holistic Learning – World News Network

    Mumbai (Maharashtra) [India], May 28: Jamnabai Narsee School celebrates outstanding board results and continues to champion holistic education, emotional well-being, future-ready learning, and strong parent-school partnerships.

    Under the leadership of Trustees Shri Jairaj Thacker and Principal Sonali Gandhi, JNS, Mumbai continues to strengthen its legacy as one of India’s leading educational institutions by integrating academic excellence with holistic development, emotional well-being, innovation, and value-based learning.

    Rooted in the institution’s enduring philosophy of “Excellence through Endeavour,” the school remains committed to nurturing students who are academically competent and who also demonstrate character, compassion, resilience, and ethical grounding.

    Speaking about the school’s vision in today’s rapidly evolving educational landscape, Principal Sonali Gandhi said, “In a world of AI, flux, and noise, our vision is to build children who have both competence and character. We don’t chase trends — we build humans who can think clearly, act ethically, and strive consistently, no matter how the landscape shifts.”

    She acknowledged that the institution’s direction is inspired by the vision of Managing Trustee Shri Jairaj Thacker, whose belief in strong values and purposeful education has shaped generations of students into compassionate, responsible individuals prepared for an ever-changing world.

    As Principal, Sonali Gandhi has focused on building a culture centred around “depth over speed, respect as practice, and joy as non-negotiable.”Under her leadership, JNS has cultivated an environment where effort is honoured, curiosity is encouraged, and excellence is nurtured as a lifelong habit rather than a momentary achievement.

    The school recently achieved outstanding results in the 2026 board examinations, reinforcing its reputation for academic distinction. In the ISC Class 12 examinations, JNS secured a 100% pass result, with all 261 students successfully clearing the examinations. The cohort delivered exceptional performances across all streams, with 172 students scoring above 90% and the overall aggregate standing at 88.3%.

    Among the top achievers were Shruti Mehta, who secured 99.25% in Humanities; Mokshaan Amit Jain scored 99.5% in Commerce, and Annanya Mitesh Desai, who achieved a perfect 100% in Science. Ranveer Nikhil Jain and Yuveer Amit Mulchandani both scored 99.75%, while Nitaant Nirav Meswani secured 99.5%.

    In the ICSE Class 10 examinations, the school once again recorded a 100% result, with all 281 students passing with distinction. The aggregate stood at an impressive 92.12%, while 205 students scored above 90%. Leading the cohort were Kyna Jay Solanki with 99.6%, Agastya Sajeel Gupta and Jayvir Tejas Goradia with 99.4% each, followed by Shreyas Agarwal with 99.2%.

    While celebrating these accomplishments, the school reiterated that marks alone do not define success. Principal Sonali Gandhi emphasised that board examination results are milestones in a child’s journey rather than the destination itself.

    As exam pressure increases, she highlighted the school’s proactive approach to emotional well-being and mental health. “We normalise the pressure and equip students for it,” she said. “Through in-house counsellors, mindfulness sessions, open forums with parents, and ‘no comparison’ classrooms, we ensure students feel emotionally supported during demanding academic phases.”

    Narsee School

    The school also places significant emphasis on sports and physical activity as essential tools for stress management and emotional resilience. Time spent on the field, recreational engagement, and team participation are viewed as equally important in helping students maintain balance, discipline, and self-belief.

    JNS has continued to strengthen its parent-school ecosystem through an active, engaged PTA culture. The institution sees the PTA as a vital link between home and school, turning “Excellence through Endeavour” into a shared community practice.

    From organising Grandparents’ Day and annual fun fairs to conducting parenting workshops, career talks, health initiatives, and sporting events, the PTA plays an integral role in student development and school culture. The relationship between parents and educators at JNS has evolved from passive communication to active partnership, built on dialogue, transparency, and mutual trust.

    The institution also continues to invest extensively in teacher training and professional development. Weekly department circles, peer observations, pedagogical workshops, technology integration programmes, and external training collaborations help educators stay adaptive, inspired, and future-ready.

    Under the guidance of Trustee Shri Sujay Jairaj, Jairaj Thacker, the school has embraced experiential learning, innovation, digital integration, and continuous infrastructure enhancement to prepare students for a rapidly evolving world. We focus on equipping learners with critical thinking, creativity, adaptability, collaboration, and ethical leadership skills that go beyond traditional career paths.

    JNS leadership is optimistic about the National Education Policy, multidisciplinary learning models, technological advancement, and the growing emphasis on flexibility and personalised education.

    Looking Ahead

    Principal Sonali Gandhi shared the school’s long-term aspiration: “We want JNS to remain a school that the world respects and the child trusts, a place where every student finds both wings and roots, where innovation serves humanity, and where every graduate walks into the world carrying competence, compassion, and quiet confidence.”

    With generations of students, teachers, and alumni remaining deeply connected to the institution, Jamnabai Narsee School is inching towards the completion of its sixth decade, continuing to strengthen its legacy—not through infrastructure or rankings, but through the lives, values, and people it shapes.

    This story is released by Satish Reddy from http://worldnewsnetwork.co.in/

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  • Cash Ur Drive Delivers Breakout H2 FY26 Performance with 86% EBITDA Growth and 95% PAT Growth, Strengthening Foundation for Next Phase of Expansion

    Cash Ur Drive Delivers Breakout H2 FY26 Performance with 86% EBITDA Growth and 95% PAT Growth, Strengthening Foundation for Next Phase of Expansion

    Noida (Uttar Pradesh) [India], May 29: Cash Ur Drive Marketing Limited (NSE: CUDML | INE0WL201014), one of India’s fast-growing sustainable transit media companies, has reported its Audited Financials for H2 FY26 & FY26. 

    H2 FY26 Standalone Key Financial Highlights

    • Revenue from Operations of ₹108.79 Cr, YoY growth of 43.72%
    • EBITDA of ₹20.02 Cr, YoY growth of 86.06%
    • EBITDA Margin of 18.41%, YoY growth of 420 Bps
    • Net Profit of ₹18.52 Cr, YoY growth of 94.50%
    • Net Profit Margin of 16.33%, YoY growth of 408 Bps
    • Diluted EPS of ₹13.38, YoY growth of 75.36%

    FY26 Standalone Key Financial Highlights

    • Revenue from Operations of ₹186.67 Cr, YoY growth of 33.98%
    • EBITDA of ₹33.56 Cr, YoY growth of 59.20%
    • EBITDA Margin of 17.98%, YoY growth of 285 Bps
    • Net Profit of ₹29.40 Cr, YoY growth of 64.98%
    • Net Profit Margin of 15.28%, YoY growth of 276 Bps
    • Diluted EPS of ₹21.24, YoY growth of 48.74%

    Commenting on the Financial Performance, Mr. Raghu Khanna, Managing Director and Chairman, Cash Ur Drive Marketing Limited, said: “FY26 has been a transformational year for Cash Ur Drive, marked by strong financial performance, strategic expansion, and the successful execution of our long-term growth vision. Our ability to deliver healthy growth in Total Income, EBITDA and Profit reflects the strength of our business model, the increasing relevance of transit and outdoor media, and our disciplined focus on profitable growth. The expansion in margins demonstrates the scalability of our platform and our commitment to driving operating efficiencies while continuing to invest for the future.

    FY26 was also a landmark year in our corporate journey as we successfully got listed on the NSE Emerge platform in August 2025, enhancing our visibility and providing a strong foundation for our next phase of growth. Alongside this milestone, we took significant strategic steps to expand beyond traditional transit media by establishing a presence in the urban mobility and EV infrastructure ecosystem. Our investment in Kolkata Call Taxi Private Limited, strategic stake acquisition in Charj Karo Greentech Mobility Private Limited, and the award of a 10-year EV charging infrastructure concession in Rishikesh collectively create a strong foundation for recurring, asset-linked and long-duration revenue streams.

    As we enter FY27, we remain highly optimistic about the opportunities ahead. Rising urbanization, growing adoption of EVs, increasing demand for innovative advertising solutions, and our expanding portfolio of media rights and infrastructure assets provide significant headroom for growth. With a stronger platform, enhanced market presence following our successful listing, and sustained business momentum, we believe Cash Ur Drive is well positioned to accelerate value creation and build a scalable, future-ready enterprise capable of delivering long-term growth for all stakeholders.”

    Recent Key Business Highlights

    Strengthened presence in the urban mobility ecosystem through the acquisition of a ~19.06% stake in Kolkata Call Taxi Private Limited, expanding beyond transit media into mobility-linked platforms.
    Entered the EV charging segment by acquiring a 50% stake in Charj Karo Greentech Mobility Private Limited, securing access to a growing EV charging network along with associated advertising rights.
    Secured a 10-year DBFOM concession from Nagar Nigam Rishikesh for 10 EV charging stations, creating a long-tenure, asset-linked revenue stream with integrated advertising opportunities.

    About Cash Ur Drive Marketing Limited

    Founded in 2009, Cash Ur Drive Marketing Limited (“CUD” or “the Company”) is one of India’s fastest-growing out-of-home and transit media companies, pioneering sustainable and technology-driven advertising solutions. With a strong presence across major cities, CUD integrates transit, digital, outdoor, and green media assets to deliver impactful visibility for leading brands. The Company’s focus on innovation, exclusive media rights, and expansion into EV charging station advertising has positioned it as a new-age leader in the evolving media landscape. Guided by a vision to make advertising more effective, eco-friendly, and inclusive, CUD continues to redefine how brands connect with audiences on the move. 

    For FY26, the Company reported a Total Income of ₹192.38 crore, EBITDA of ₹39.29 crore, and Net Profit of ₹29.40 crore.
     
     The company got listed on NSE Emerge in August, 2025.

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  • Gold Imports, Forex Reserves, and India’s Balancing Act

    Gold Imports, Forex Reserves, and India’s Balancing Act

    New Delhi [India], May 29: When people talk about gold in India, the conversation usually stays personal. It is about family savings and the comfort of owning something tangible. But there is a bigger story that runs in the background. Every time demand for imported gold rises, it affects far more than jewellery counters and household budgets. India’s gold import trends also shape how much foreign currency leaves the country, and that has a direct relationship with forex reserves.

    Forex reserves act like a national financial cushion. They help the country manage external shocks, support the rupee, and pay for essential imports. Gold, unlike crude or machinery, does not fuel factories or transport goods, yet it takes up a meaningful share of foreign exchange when demand spikes. 

    Why Imports Matter More Than They Seem

    If you look closely at India’s import-export data, one pattern stands out: gold regularly remains among the country’s major import items. This matters because India consumes far more gold than it produces. 

    • Domestic demand often leans on overseas supply. So when imports swell, dollars move out. The connection may not feel obvious to an average buyer comparing necklaces in a showroom, but at the national level, repeated spikes in gold imports can widen pressure on the current account and indirectly influence currency stability.
    • That is also why the import of gold in India is often discussed in policy circles with unusual seriousness. Governments do not see gold only as a luxury purchase; they see it as a drain on foreign exchange when buying habits tilt too heavily toward fresh imports. 
    • Add the import duty on gold on top of it, and the picture becomes even more layered. Duty is used partly to moderate demand and protect the external balance, but higher duties can also make legal imports more expensive for consumers. The result is a market where buyers still want value, but they start looking for smarter ways to access it.

    The Quiet Rise Of Exchange-Led Buying

    More families are beginning to view old jewellery not as dead locker stock, but as usable value. A chain that is broken or a piece bought years ago and rarely worn can become the starting point for a new purchase. 

    • Gold Exchange reduces the need to buy entirely fresh gold. At a country level, if that mindset widens across millions of households, it can soften the relentless dependence on new supply that drives gold import in India.
    • The idea is simple, but trust is what decides whether people actually exchange. For years, many buyers hesitated because they were unsure how their old jewellery would be valued. Questions around purity, melting loss, hidden deductions, or inconsistent pricing kept them cautious. 
    • If exchange feels confusing, people go back to buying new things. If it feels fair and visible, the same customer becomes more comfortable recycling existing gold jewellery within the market instead of adding to demand for imported supply.

    What Makes Exchange Feel Worth It

    A good exchange experience is not about flashy promises; it is about clarity. People want to know how much their ornament weighs, how purity is checked, whether stones are separated properly, and whether deductions are being made quietly in the background. They also want assurance that jewellery bought elsewhere will not be undervalued just because it came from another store. When those basics are handled well, exchange stops feeling like a compromise and starts feeling like a financially sensible decision.

    This is where Tanishq has managed to set a strong benchmark without needing to make the process confusing. 

    • The exchange happens transparently, with testing, weighing, and melting done in front of the customer’s eyes rather than behind closed doors. 
    • Old jewellery from other jewellers is also accepted, even in cases where the original bill is unavailable, which removes a common barrier for many households. 
    • More importantly, the valuation process is designed to feel visible and understandable, especially with the gold selling rate being the same as the exchange rate. In a category where suspicion can easily creep in, that kind of openness changes the tone of the entire transaction[1].

    A Smarter Answer For Buyers And The Economy

    There is a wider lesson here. The debate around the gold import duty in India in 2026 will probably continue, because policymakers will always have to balance consumer demand, revenue, and external stability. But duty alone cannot reshape behaviour. What changes behaviour is convenience backed by trust. If more consumers choose exchange over fresh purchase wherever possible, the pressure created by repeated import surges can ease at least at the margin. 

    For the customer, the logic is even more immediate. Exchange lets old value re-enter use instead of sitting idle. For the market, it encourages recycling over unnecessary fresh demand. The most sensible future may not be one where Indians buy less gold, but one where they buy more thoughtfully. 

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

  • XT Global Infotech Limited Delivers Stellar Performance with ~39% Jump in PAT YoY

    XT Global Infotech Limited Delivers Stellar Performance with ~39% Jump in PAT YoY

    Hyderabad (Telangana) [India], May 29: XT Global Infotech Limited (NSE – XTGLOBAL | BSE – 531225), a global IT services and digital transformation company specializing in cloud, automation, and finance & accounting outsourcing solutions, has reported its financials for Q4 FY26 & FY26. 

    Q4 FY26 Standalone Key Financial Highlights

    • Total Income of ₹19.87 Cr, QoQ growth of 9.68%
    • EBITDA of ₹3.85 Cr, QoQ growth of 337.66%
    • EBITDA Margin of 19.38%, QoQ growth of 1,452 Bps
    • Net Profit of ₹1.93 Cr, QoQ growth of 3,357%
    • Net Profit Margin of 9.73%, QoQ growth of 942 Bps

    FY26 Standalone Key Financial Highlights

    • Total Income of ₹76.55 Cr, YoY growth of 2.92%
    • EBITDA of ₹13.56 Cr, YoY growth of 19.08%
    • EBITDA Margin of 17.71%, YoY growth of 240 Bps
    • Net Profit of ₹6.81 Cr, YoY growth of 39.24%
    • Net Profit Margin of 8.90%, YoY growth of 232 Bps

    Q4 FY26 Consolidated Key Financial Highlights

    • Total Income of ₹89.61 Cr, QoQ growth of 3.22%
    • EBITDA of ₹4.39 Cr, QoQ growth of 6.94%
    • EBITDA Margin of 4.90%, QoQ growth of 17 Bps
    • Net Profit of ₹3.74 Cr, QoQ growth of 175.70%
    • Net Profit Margin of 4.18%, QoQ growth of 262 Bps

    FY26 Consolidated Key Financial Highlights

    • Total Income of ₹369.25 Cr, YoY growth of 56.49%
    • EBITDA of ₹27.03 Cr, YoY growth of 11.43%
    • EBITDA Margin of 7.32%, YoY decline of 296 Bps
    • Net Profit of ₹14.62 Cr, YoY growth of 47.51%
    • Net Profit Margin of 3.96%, YoY decline of 24 Bps

    *The sharp increase in consolidated revenue and PAT is due to the consolidation of Network Objects as a subsidiary from January 2025 onwards; hence, the figures are not strictly comparable YoY.

    Key Highlights:

    • Successfully completed SEZ exit and mutation formalities for the Madhurawada Unit, enabling the Company to actively evaluate commercial leasing opportunities expected to generate additional rental income and strengthen the bottom line.
    • Successfully implemented and operationalized multiple Zoho platforms, including Zoho CRM, Zoho Campaigns, Zoho Contracts, Zoho People, Zoho Payroll, Zoho Books, Zoho Recruit, Zoho Expense, and Zoho Analytics to enhance sales visibility, process automation, operational transparency, and centralized business management capabilities.
    • Secured strategic contracts from U.S. transportation agencies for “Internal eForms Modernization Program” and “AI Enablement for Engineering Services” with a combined contract value of approximately USD 2.39 million (around INR 22 crore).
    • FAST Practice recorded significant growth in Accounting & Outsourcing operations with expansion in Australian and U.S. markets, onboarding of multiple Australian clients, an increase in billable resources, and a monthly billing run-rate reaching USD 200,000.
    • Planned establishment of new offices in Australia and Europe to further expand IT Services and Finance & Accounting Outsourcing operations while strengthening local market presence and client acquisition capabilities.

    Commenting on the financial performance, Mr. Ramarao Mullapudi, CEO, President & Director of XT Global Infotech Limited, said: “FY26 was a significant year for XT Global as we continued to strengthen our IT Services, AI capabilities, and Finance & Accounting Outsourcing operations across international markets. During the year, we secured strategic contracts from leading U.S. transportation agencies for digital modernization and AI enablement projects, reflecting our growing capabilities in technology-driven transformation services.

    We also made meaningful progress in operational transformation through the implementation of multiple Zoho platforms across sales, contracts, finance, HR, and analytics functions, helping improve process visibility, automation, and operational efficiency across the organization.

    Our FAST Practice continued to witness strong momentum, particularly in Australian Accounting Operations, with expansion in resources, onboarding of new clients, and increasing monthly billing run-rate. Further, the successful completion of SEZ exit formalities for the Madhurawada Unit has opened new commercial leasing opportunities that are expected to generate additional rental income.

    With planned expansion into Australia and the Europe, we remain focused on strengthening our international presence and enhancing our integrated service capabilities across IT Services and Finance & Accounting Outsourcing operations.”

    XT Global Infotech Limited

    XT Global Infotech Limited, founded in 1986 and headquartered in Hyderabad, India, is a global IT services and solutions company specializing in digital transformation, cloud computing, automation, and finance & accounting outsourcing services. The company serves enterprises across industries, including BFSI, healthcare, manufacturing, retail, and hospitality, delivering scalable and technology-driven solutions.

    XT Global offers a wide range of services, including IT consulting, cloud and ERP solutions, robotic process automation (RPA), and business process outsourcing (BPO). It also provides its proprietary platform, Circulus, focused on accounts payable automation to enhance efficiency and financial accuracy. The company leverages strong partnerships with leading technology providers such as Oracle, Microsoft, AWS, and UiPath to deliver integrated and future-ready solutions.

    With a strong global delivery model and long-term client relationships, XT Global continues to expand its presence in high-growth areas such as cloud modernization, automation, and offshore outsourcing. Its focus on operational excellence, digital capabilities, and client-centric solutions positions it well to capitalize on increasing global demand for IT and business services.

    The company is listed on both NSE & BSE.

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  • Aureate Tradde Ltd’s Initial Public Offering Opens on May 29 to June 2, 2026, with Price Fixed at Rs. 70 Per Share

    Aureate Tradde Ltd’s Initial Public Offering Opens on May 29 to June 2, 2026, with Price Fixed at Rs. 70 Per Share

    The Issue comprises a fresh issue of 38,98,000 equity shares aggregating to Rs. 27.29 crore

    Mumbai (Maharashtra) [India], May 28: Aureate Tradde Limited (“Company”), a Mumbai-based company engaged in the business of polymers and plastics, Lithium Ion Cells and EV Chargers for 2-3 wheelers, announced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Friday, May 29, 2026, and will close on Tuesday, June 2, 2026. The company is proposed to be listed on the BSE SME platform with a tentative listing date of June 5, 2026.  The Issue Price has been fixed at Rs. 70 per equity share, and the total Issue Size is Rs. 27.29 crore.

    Highlights:-                                                                

    • The minimum application lot size is 2,000 equity shares with a face value of Rs. 10 per share
    • The company intends to utilise the IPO proceeds towards working capital requirements, repayment of borrowings, and general corporate purposes

    The company has also expanded into Sodium Ion Cell solutions, an emerging next-generation battery technology segment for electric mobility applications

    The IPO comprises a fresh issue of 38,98,000 equity shares of face value Rs. 10 each through the book building process. The lot size for the application is 2,000 shares. The minimum retail investment is Rs. 2,80,000 for 4,000 shares based on the upper price band. The minimum HNI application size is 3 lots or 6,000 shares, amounting to Rs. 4,20,000. Corporate Makers Capital Limited is the Lead Manager to the Issue, while MUFG Intime India Private Limited is the Registrar to the Issue. Giriraj Stock Broking Private Limited is the Market Maker for the company. The allotment is expected to be finalized on June 3, 2026.

    The company intends to utilise Rs. 10 crore from the IPO proceeds towards funding working capital requirements and Rs. 9.93 crore towards repayment or prepayment of certain borrowings availed by the company. The remaining funds will be used for general corporate purposes and issue-related expenses.

    Commenting on the development, Ms Kalash Shah, Director of Aureate Tradde Limited, said, “Over the years, we have built a strong presence in the trading and distribution of industrial and technology-driven products across India. Our focus has always been on reliable execution, efficient supply chain management, and building long-term relationships with customers. With growing opportunities in electric mobility and energy storage, we have also expanded into Sodium Ion Cell solutions, which we believe is an important emerging segment. The IPO marks an important step in our growth journey and will support us in strengthening our working capital position, improving operational capabilities and expanding our presence across key business verticals.”

    For the period ended December 2025, Aureate Tradde Limited reported total revenue of Rs. 101.83 crore. The company recorded EBITDA of Rs. 7.32 crore and Profit After Tax of Rs. 4.28 crore. The financial performance reflects steady business growth, improving profitability, and continued demand across its key business segments.

    Aureate Tradde Limited operates in the trading and distribution of industrial and technology-driven products across polymers and petrochemicals, battery cells, and EV chargers. Recently, it has expanded into Sodium Ion Cell solutions, a next-generation battery technology designed for electric two-wheelers and three-wheelers. Going ahead, the company aims to further strengthen its presence in the electric mobility ecosystem and scale its distribution network with a focus on efficient and sustainable growth.

    Aureate

    About Aureate Tradde Limited

    Aureate Tradde Limited was incorporated in 2018 and is based in Mumbai, Maharashtra. The company has built its presence in the trading and distribution space by working closely with global sourcing partners and maintaining a strong supply network across India. It operates on an inventory-led model, which helps it ensure the timely availability of products and better service to customers across industries. Over the years, the company has expanded its portfolio from polymers and petrochemicals to include lithium-ion and sodium-ion battery solutions as well as EV charging products. With this diversified approach, Aureate Tradde continues to focus on supporting the growing needs of the industrial and electric mobility sectors in India.

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  • TransBnk launches CBNxT 2026, India’s first dedicated Corporate Banking Summit

    TransBnk launches CBNxT 2026, India’s first dedicated Corporate Banking Summit

    The flagship summit will unite banks, enterprises, fintechs, NBFCs, investors and policymakers to shape India’s corporate banking future.

    Mumbai (Maharashtra) [India], May 29: TransBnk, a corporate banking infrastructure company enabling connected financial operations for banks and enterprises, has announced the launch of CBNxT 2026, India’s first dedicated corporate banking summit. Scheduled to be held on 4th June 2026 at Sofitel Mumbai BKC, the inaugural edition is being positioned as an annual flagship platform for the country’s evolving corporate banking ecosystem.

    Designed as a neutral, industry-first platform, CBNxT 2026 aims to bring together stakeholders across banks, enterprises, fintechs, NBFCs, investors, policymakers and technology providers to discuss the future of corporate banking, transaction banking and enterprise financial infrastructure in India.

    The full-day, single-track summit is expected to host over 400 senior delegates through a curated, invitation-led format. Confirmed speakers and participants include senior leaders from institutions such as YES Bank, IDFC FIRST Bank, HDFC Bank, Standard Chartered, Bank of America, DBS Bank, Barclays, NPCI Bharat BillPay, CAMSPay, Pine Labs, Bajaj Finserv, Bessemer Venture Partners, Elevation Capital and Arkam Ventures, among others.

    CBNxT 2026 will focus on some of the most consequential shifts shaping the future of corporate banking and enterprise finance. Discussions at the summit will span AI-native banking infrastructure, treasury digitisation and real-time financial visibility, trade and supply chain finance, cross-border payments and CBDCs, commercial cards and business payments, API-first transaction banking, banking system modernisation, embedded finance and the evolution of agentic payment systems.

    “Corporate banking sits at the heart of how businesses operate, grow and move capital. As enterprise financial operations continue to evolve, the need for stronger collaboration across banks, enterprises, fintechs, investors and policymakers becomes increasingly important. CBNxT is our effort to create a dedicated industry platform where the ecosystem can come together to discuss the future of connected financial infrastructure and enterprise banking operations. Our vision is to build a platform that contributes meaningfully to the transformation of corporate banking in India,” said Vaibhav Tambe, Co-Founder & CEO, TransBnk.

    The summit will also witness the release of Liquidity Network, a forward-looking industry report focused on how financial networks are rewiring corporate banking in India.

    CBNxT 2026 is being supported by ecosystem and community collaborators including FACE, Headstart Network Foundation, India Blockchain Forum, The Digital Fifth, The Ecosystem Community and Picxele, among others.

    About TransBnk

    TransBnk is a corporate banking infrastructure company enabling banks, enterprises, NBFCs, fintechs and financial institutions to manage interconnected financial operations through integrated infrastructure, APIs and SaaS-based platforms.

    Founded by ex-bankers, TransBnk covers the full spectrum of corporate banking. Its ecosystem includes TrustHub for enterprise financial operations including treasury, payments, collections, reconciliation and commercial cards etc; TxB Hub for banking platforms, cash management, trade management and supply chain finance and more; ReconX for AI-powered reconciliation across banking operations; and API Hub for connected banking workflows and enterprise infrastructure capabilities.

    The company is focused on enabling more connected, scalable and intelligent corporate banking and enterprise financial operations across modern financial ecosystems.

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  • Rashtrapati Bhavan Honours ‘Organ Man of India’ Nilesh Mandlewala with Padma Shri

    Rashtrapati Bhavan Honours ‘Organ Man of India’ Nilesh Mandlewala with Padma Shri

    New Delhi [India], May 28: Recognising his selfless service of giving new life to thousands through organ donation awareness for more than two decades, the Government of India announced Nilesh Mandlewala’s name for the Padma Shri award on 26 January 2026. On 25 May 2026, during the first Civil Investiture Ceremony of Padma Awards 2026 held at Ganatantra Mandap, Rashtrapati Bhavan, Hon’ble President Smt. Droupadi Murmu conferred the Padma Shri award upon Nilesh Mandlewala in the presence of Vice President C. P. Radhakrishnan, Prime Minister Shri Narendra Modi, Home Minister Shri Amit Shah, and several other dignitaries for his invaluable contribution in the field of social service and organ donation awareness.

    • This honour belongs to all organ donors and their family members: Padma Shri awardee Nilesh Mandlewala
    • Nilesh Mandlewala dedicated the Padma Shri award to his late parents and Lord Dwarkadhish.

    Expressing his emotions, Padma Shri Nilesh Mandlewala said, “This honour is not just mine or Donate Life’s honour, but it belongs to the entire city of Surat and the state of Gujarat. This honour belongs to all organ donors and their family members.” He further stated that this recognition also belongs to all doctors and hospitals of Surat and South Gujarat, Surat City Police, Surat Airport Authority, forensic doctors of SMIMER and Civil Hospital, CISF, print media, electronic media, digital media, all volunteers, staff members, and trustees of Donate Life. He also dedicated this honour to various social organisations and individuals across the country who are continuously supporting and spreading awareness about organ donation.

    Nilesh Mandlewala, widely known as the “Organ Man of India,” has devoted nearly two decades to promoting organ donation with a vision that by 2047, no Indian should die due to organ shortage. Starting his mission in 2005 and later founding Donate Life in 2014, he has helped facilitate over 1380 organ and tissue donations, giving new life and vision to more than 1270 people across India and globally. Even during the COVID-19 pandemic, he enabled 203 donations from Surat alone, while his awareness campaigns have reached over 100 million people, helping Surat gain recognition as an “Organ Donor City.”Additionally, Nileshbhai has also been honoured with more than 70 awards by various national and international organisations, including the prestigious “Gujarat Gaurav Award,” the highest civilian honour of the Government of Gujarat.