Blog

  • PNB MetLife Launches Multifactor Index Fund: An All-Weather Approach to Factor-Based Investing

    PNB MetLife Launches Multifactor Index Fund: An All-Weather Approach to Factor-Based Investing

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

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

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

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

    Benefits of the PNB MetLife Multifactor Index Fund

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

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

    Who Should Invest?

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

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

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

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

    DISCLAIMER: 

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

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

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

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

    About PNB MetLife India Insurance Company Limited:

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

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

    For more information, follow us on: 

    Facebook – www.facebook.com/PNBMetLife

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

    visit – https://www.pnbmetlife.com/

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

  • From Industrial Powerhouse to Investment Magnet: Why PCMC is Emerging as Pune’s Next Growth Corridor

    From Industrial Powerhouse to Investment Magnet: Why PCMC is Emerging as Pune’s Next Growth Corridor

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

    Infrastructure and Economic Expansion Fueling Growth

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

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

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

    Strong Investment Potential and Long-Term Returns

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

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

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

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

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

    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.

  • Men’s and women’s ethnic wear selling company ‘Riyaasat Lifestyle Ltd’s Rs. 30.77 crore IPO opens on June 18

    Men’s and women’s ethnic wear selling company ‘Riyaasat Lifestyle Ltd’s Rs. 30.77 crore IPO opens on June 18

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

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

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

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

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

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

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

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

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

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

    Note: This article is not investment advice.

  • Unihealth Hospitals Announces Strategic Share Swap to Increase Stake in Uganda’s Victoria Hospital

    Unihealth Hospitals Announces Strategic Share Swap to Increase Stake in Uganda’s Victoria Hospital

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

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

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

    Strategic Rationale of the Transaction 

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

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

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

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

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

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

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

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

    Unihealth Hospitals Limited

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

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

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

    The Company was listed on NSE Emerge in September 2023.

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

    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.

  • Bengaluru Successfully Hosted the Inaugural Edition of dealclave, a Leadership Forum for Real Estate Leaders

    Bengaluru Successfully Hosted the Inaugural Edition of dealclave, a Leadership Forum for Real Estate Leaders

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

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

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

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

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

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

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

    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.

  • International Business Summit & Awards 2026 Concludes Successfully in Jaipur; 150+ Entrepreneurs, MSMEs and Startup Founders Participate

    International Business Summit & Awards 2026 Concludes Successfully in Jaipur; 150+ Entrepreneurs, MSMEs and Startup Founders Participate

    Jaipur (Rajasthan) [India], June 12: The International Business Summit & Awards 2026, organized by the Indian Council for Entrepreneurship & Innovation (ICEI), concluded successfully in Jaipur after three days of insightful discussions, startup pitching, networking, leadership sessions, and business recognition ceremonies. The summit brought together over 150 entrepreneurs, startup founders, MSME leaders, business owners, investors, professionals, and innovators from more than 15 states across India.

    The event served as a powerful platform for fostering entrepreneurship, innovation, investment opportunities, business collaboration, and leadership development while strengthening India’s growing startup and MSME ecosystem.

    Day 1: Leadership, Business Growth and Digital Transformation

    The summit commenced with a grand inaugural ceremony graced by Smt. Manju Sharma, Hon’ble Member of Lok Sabha, as the Chief Guest. Addressing the participants, she highlighted the importance of entrepreneurship-driven economic growth and emphasized the role of innovation and MSMEs in India’s development journey.

    The first day featured knowledge sessions by renowned industry experts including Dr. Sanjay Kathuria, Basesh Gala, Ishan Goel, and Sunil Chopra. The speakers shared valuable insights on business growth strategies, working capital management, digital marketing, business automation, leadership excellence, and scaling modern enterprises in a competitive marketplace.

    Participants received practical guidance on leveraging technology, strengthening brands, and building sustainable business models for long-term growth.

    Day 2: Innovation, Startup Funding and Investor Connect

    The second day was graced by Shri Pratap Singh Singhvi, Hon’ble Member of the Rajasthan Legislative Assembly, as the Chief Guest. In his keynote address, he encouraged young entrepreneurs to focus on innovation, value creation, and nation-building, urging them to become job creators rather than job seekers.

    The day featured impactful sessions by distinguished speakers including Pradeep Ojha (Director, MSME) and Dipak Sanghavi, CMD of Nilons, who shared their entrepreneurial journeys and business expansion strategies. Topics such as MSME development, retail growth, business scaling, and building high-performance teams generated significant engagement among participants.

    One of the most anticipated highlights of the summit was the Live Startup Pitching Session, where more than 20 startups presented their innovative business ideas and growth plans before an esteemed panel of investors.

    The investor panel included:

    • Vinay Peshwa
    • Devansh Lakhani
    • Mahavir Pratap Sharma
    • Anil Joshi
    • Kishore Khaitan
    • Chayan Kapoor

    The investors evaluated startup business models and provided valuable feedback on investment readiness, fundraising strategies, mentorship opportunities, and business expansion plans. The interactive session created meaningful opportunities for startups to connect directly with potential investors and industry mentors.

    Day 3: Financial Excellence, Business Recognition and Awards Ceremony

    The concluding day of the summit was graced by Shri Suresh Singh Rawat, Hon’ble Cabinet Minister, Water Resources Department, Government of Rajasthan, as the Chief Guest.

    The final day featured expert sessions by CA Vikas Chaturvedi and CA Neeraj Mittal, who shared practical insights on financial management, business compliance, strategic planning, and sustainable business growth.

    The summit concluded with a prestigious Awards Ceremony recognizing outstanding contributions across various sectors. Entrepreneurs, MSME owners, startup founders, business leaders, and professionals were honored for their achievements and excellence.

    Awards presented during the ceremony included:

    • ICEI Diamond Honour
    • ICEI Gold Honour
    • ICEI Silver Honour
    • Certificates of Recognition

    The recognition celebrated innovation, leadership, business excellence, and entrepreneurial achievements across diverse industries.

    The list of Awardees as follows:

    NAME OF AWARDEE POSITION ORGANISATION
    KEYURKUMAR BIRSENSINGH JUREL FOUNDER AND CEO Shivashraya Hotels And Hospitality Ventures Private Limited
    SURENDRA KUMAR RAO FOUNDER & CEO Rajasthan Business Development Corporation LLP
    SACHIN UPADHAY FOUNDER Sachin Upadhay
    GOPESH BHARDWAJ FOUNDER GOPESH INTERIOR FURNITURE & HOUSE
    RATNA DEY CEO Trisha Garments
    VIKRANT KUMAR KHETAN MANAGING DIRECTOR Sree Astalaxmi Spinning Mills Private Limited, Agrawal Ginning and Pressing Private Limited, And Salasar Balaji Industries
    PUNEET SETHI FOUNDER BIOHUBB LABS
    Dr. M M QURESHI FOUNDER  CIVIC
    RAVI NAIK MARKETING MANAGER RTEX ELECTRONICS
    ABHISHEK JAIN FOUNDER  Taxzeal Consultant
    DEEPAK PURI CHAIRMAN Jindal Fintech Private Limited
    JAGMOHAN AGARWAL FOUNDER Narayani Sanjog
    ALISHA KHANAM CO FOUNDER Celtic
    SUNILCHOPRA YOUR WIN COACH
    DEEPIKA JAIN FOUNDER CTutor
    ALOK KUMAR FOUNDER & CEO Thore Network Private Limited
    NITESH MITTAL FOUNDER Nikuj Infra Builders
    RAMESHWAR CHOUDHARY FOUNDER Officer Building Matiral
    RIZWAN KHAN FOUNDER & CEO The RealWood Studio
    SUSOBHAN JANA FOUNDER & CEO JANA IDEAL RETAIL PRIVATE LIMITED
    SANJEEV AGRAWAL FOUNDER Dreamsoft4u Private Limited
    AMIT SHELLY SCHOOL OF GLOBAL LEADERSHIP
    GOPAL DASH BAGHEL DIRECTOR COUNCIL OF COLLEGE SPORTS PREMIER LEAGUE IN INDIA
    AMMIIT JAAIIN FOUNDER Insightyfy Analytics
    SHUBHAM GUPTA FOUNDER GHASI RAM SONS PRIVATE LIMITED
    KESHAV GUPTA FOUNDER & CEO Amigas Green Tech Private Limited
    PUNEET DATTA CEO ALL ABOUT STARTUPS
    ROHIT SRIVASTAVA FOUNDER RoRa Global Solutions Pvt. Ltd.
    VIKRAM JAIN FOUNDER Viratra Trading Company
    SAGAR BHATT CO FOUNDER/PRINCIPAL DESIGNER Samhitha Design Studio
    DIPENDRA RAJPUT FOUNDER LAXMI INDUSTRIES
    Dr. SURENDRA BAJAJ FOUNDER ELECTROMECH
    SARFRAZ KHAN FOUNDER SOILTECH FERTILIZER & CHEMICALS PRIVATE LIMITED
    DHANANJAY SHARMA FOUNDER & CEO DAARS Instruments Private Limited
    JAGDISH GURJAR FOUNDER ECOLIVELIHOOD CREATIONS PRIVATE LIMITED
    AJEET SHUKLA FOUNDER SEEMA GRAHUDHYOG
    SUMIT KUMAWAT FOUNDER Grow Insight Solution LLP
    VINAY PAL SINGH FOUNDER GDIGITAL MEDIA SOLUTIONS INDIA PRIVATE LIMITED
    DEVENDRA SINGH TANWAR FOUNDER Homedesign24hours
    HARSH VERMA FOUNDER Prerna Events & Wedding Planners India
    Dr. GYASI RAM GUPTA FOUNDER Shashi Seva Shanthan
    RAJANN BHATTACHARYA FOUNDER North East Chamber of Commerce & Industry ( NECCI) 
    Global Enterprise
    ROHITASH BANSAL FOUNDER Astrologer
    MAHIPAL SINGH CHAWLA CHAIRMAN & MANAGING DIRECTOR Brewjoy
    SHUBHAM SAXENA FOUNDER Colladome IT Network Solutions Private Limited
    RAHUL VEERVAL FOUNDER Pizza Burst
    RINOY K JOSEPH FOUNDER Stellin Solar 
    SACHIN KUMAR RATHORE FOUNDER Aneexa Group
    ASHISH SINGH FOUNDER Green India Solution
    Dr. HEMANT KUMAR SHARMA FOUNDER Health Shastra
    ANTIMA SHARMA FOUNDER Hit Bite
    SETH SINGH RAWAT FOUNDER Local2Global Mart Private Limited

    Strengthening India’s Entrepreneurial Ecosystem

    Speaking on the occasion, CA Abhishek Jain and Puneet Sethi, Founders of ICEI, stated that the International Business Summit & Awards 2026 successfully created a dynamic platform connecting entrepreneurs, investors, industry experts, business leaders, and innovators from across the country.

    They emphasized that the summit facilitated meaningful collaborations, investment opportunities, knowledge exchange, mentorship, and strategic partnerships that will contribute to the growth of India’s startup and MSME ecosystem.

    The Jaipur edition of the summit has emerged as a significant initiative in promoting entrepreneurship, innovation, leadership development, startup funding readiness, and sustainable business growth. The success of the event reinforces ICEI’s commitment to empowering entrepreneurs and building a stronger, more competitive business ecosystem for India.

    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.

  • Meme Coins Enter a New Era as MemeToro Introduces AI-Driven Infrastructure

    Meme Coins Enter a New Era as MemeToro Introduces AI-Driven Infrastructure

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

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

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

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

    Meme Coins Are Moving Beyond Pure Speculation

    The broader meme economy is becoming more utility driven.

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

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

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

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

    MemeToro Presale Continues Building Momentum

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

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

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

    MemeToro Uses AI To Navigate Viral Market Trends

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

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

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

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

    Prediction Markets Add a Social Finance Layer

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

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

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

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

    MemeToro Roadmap Continues Expanding

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

    Upcoming development goals include:

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

    More Information on MemeToro ($MT) Presale Here:

    Website: https://memetoro.com/ 

    X: https://x.com/memetoro_mt 

    Telegram: https://t.me/memetoro_mt 

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

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

    Crypto Press Release Distribution by BTCPressWire.com

  • ISCL Announces Vidarbha Franchise For Season 02, Strengthening Its Pan-India Expansion

    ISCL Announces Vidarbha Franchise For Season 02, Strengthening Its Pan-India Expansion

    India’s Biggest Softball Cricket League Expands into Maharashtra’s Premier Cricket Region

    Bengaluru (Karnataka) [India], June 16: The Indian Softball Cricket League (ISCL)—India’s largest and most ambitious franchise-based softball cricket league—has officially announced the inclusion of a new franchise representing Vidarbha, Maharashtra, for the upcoming ISCL Season 02.

    The announcement was made by Dr. Gangadhar Raju, Founder & President, and Mr. Kshitij Khurana, of the Indian Softball Cricket Foundation (ISCF), who emphasized that the addition of Vidarbha is a strategic step in ISCL’s mission to identify and promote softball cricket talent from every region of the country.

    Vidarbha has long been recognized as one of India’s strongest cricketing regions, producing exceptional players and fostering a vibrant tennis ball and softball cricket culture. The region’s remarkable contribution to Indian cricket, including the success of the Vidarbha Ranji Trophy team, has made it a natural choice for inclusion in the league.

     A Vision for Growth

    Speaking on the occasion, Dr. Gangadhar Raju and Mr. Kshitij Khurana remarked:

    “Vidarbha is one of the most passionate cricketing regions in India. The talent, enthusiasm, and sporting culture of the region are truly exceptional. Through the introduction of the Vidarbha franchise, we aim to provide local players with a national platform where they can showcase their abilities and compete against the best softball cricket talent from across the country. This is another major milestone in our vision of creating India’s most competitive and professionally managed softball cricket ecosystem.”

    ISCL Season 02: By the Numbers

    ISCL Season 02 is set to be the largest softball cricket league ever conducted in India, featuring:

    32 Franchise Teams

    127 High-Intensity Matches

    Players from across India

    National-level exposure

    Professional franchise structure

    Extensive digital, broadcast, and on-ground reach.

    The league is organized under the banner of the Indian Softball Cricket Foundation (ISCF) with a clear mission: to create opportunities for talented softball cricket players, provide structured competition, and elevate the sport to new heights across the nation.

    Empowering the Next Generation

    Over the past few years, softball cricket has witnessed tremendous growth throughout India, particularly among young players and grassroots communities. ISCL aims to bridge the gap between local talent and professional opportunities by creating a platform that rewards skill, dedication, and performance.

    Dr. Gangadhar Raju and Mr. Kshitij Khurana further added:

    “ISCL is more than a cricket league; it is a movement dedicated to empowering aspiring players and creating a sustainable future for softball cricket in India. Our goal is to build a national platform that not only discovers talent but also inspires the next generation of cricketers. The addition of Vidarbha further strengthens our commitment to taking the game to every corner of the country.”

    With the inclusion of Vidarbha, ISCL continues its rapid expansion and reinforces its position as India’s premier softball cricket league. The new franchise is expected to attract some of the finest softball cricket talent from Maharashtra and provide fans with exciting competition during Season 02.

    About the Organizations

    About ISCL

    The Indian Softball Cricket League (ISCL) is India’s biggest franchise-based softball cricket league, organized by the Indian Softball Cricket Foundation (ISCF). With 32 teams and 127 matches, ISCL provides a professional platform for players from across India to showcase their talent while promoting the growth and development of softball cricket nationwide.

    About ISCF

    The Indian Softball Cricket Foundation (ISCF) is dedicated to the promotion, development, and professionalization of softball cricket in India. Through leagues, tournaments, talent development programs, and grassroots initiatives, ISCF aims to create opportunities for players and strengthen the sport across the country.

    Media Contact

    Dr. Gangadhar Raju & Mr. Kshitij Khurana

    Indian Softball Cricket Foundation (ISCF) | Indian Softball Cricket League (ISCL)

    www.Isclcricket.in

    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.

  • KLF Nirmal Signs Shreyanka Patil as Brand Ambassador for Karnataka; Launches Initiative to Support Aspiring Women Cricketers

    KLF Nirmal Signs Shreyanka Patil as Brand Ambassador for Karnataka; Launches Initiative to Support Aspiring Women Cricketers

    KLF Nirmal

    Bengaluru (Karnataka) [India], June 16: KLF Nirmal, one of India’s leading coconut hair oil brands, has announced the signing of Shreyanka Patil, one of India’s most promising women cricketers, as its Brand Ambassador for Karnataka.

    As part of this association, KLF Nirmal has also launched a special initiative aimed at supporting aspiring young women cricketers from rural Karnataka, reinforcing the brand’s commitment to empowering young talent and encouraging greater participation of women in sports.

    Shreyanka Patil, currently representing India in the ICC Women’s T20 World Cup 2026 being held in England & Wales, has emerged as one of the most exciting talents in Indian cricket. A proud Karnataka cricketer and a popular face of the Royal Challengers Bengaluru Women’s team, Shreyanka’s inspiring journey from grassroots cricket to the international stage has made her a role model for countless young girls across the state.

    Speaking on the occasion, Ashik Jose, Marketing Manager at KLF Nirmal Industries Pvt. Ltd., said, “Shreyanka is a natural fit for the KLF Nirmal brand. Her strong roots, determination, authenticity, and inspiring personality closely reflect the values that our brand stands for. She represents the aspirations of today’s young generation while staying connected to her origins. Through this partnership, we hope not only to strengthen our connection with consumers across Karnataka but also to inspire young girls to pursue their dreams with confidence.”

    Expressing her excitement about the association, Shreyanka Patil said” I am delighted to partner with KLF Nirmal, a brand that has earned the trust of families for generations. It is truly an honour to be associated with such a legacy brand and to represent KLF Nirmal in its upcoming campaign across Karnataka. I am excited to be part of this journey and look forward to connecting with consumers while contributing to the brand’s continued growth and success.”

    The association marks another significant step in KLF Nirmal’s efforts to build deeper connections with consumers while championing initiatives that create a positive impact in society. The campaign featuring Shreyanka Patil will be rolled out across television, digital, retail, and on-ground activations across Karnataka in the coming months.

    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.

  • Repono Limited Signs Landmark 20-Year, Multi-Crore Agreement with Reliance Industries Limited for Greenfield Petroleum Oil Terminal

    Repono Limited Signs Landmark 20-Year, Multi-Crore Agreement with Reliance Industries Limited for Greenfield Petroleum Oil Terminal

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

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

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

    Strategic Project Highlights & Comprehensive Scope

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

    Strengthening India’s Energy Supply Network

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

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

    About Repono Limited

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

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

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

    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.