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  • Parshavv’s Espotz Is Building a Participatory Ecosystem for the Future of Global Esports

    Parshavv’s Espotz Is Building a Participatory Ecosystem for the Future of Global Esports

    New Delhi [India], May 26: The gaming industry is rapidly transforming into one of India’s largest digital entertainment sectors, and most platforms are racing to host the next tournament. Espotz, founded by Parshavv, is doing something fundamentally different. Rather than building another tournament portal, it is constructing what it calls a participatory economy for the global esports sector, an infrastructure layer designed to connect every stakeholder in competitive gaming within a single, scalable platform.

    Espotz has grown rapidly since its launch, now serving over 100,000 users across five countries, with more than 100+ tournament operators, 20 K+ registered teams, and 30 K+ matches completed. Espotz is also regulated by the Dubai Sports Council, lending significant credibility to its international ambitions and establishing a governance foundation that few grassroots esports platforms can claim.

    Solving Esports’ Biggest Structural Problem

    The esports industry has witnessed explosive growth over the past decade, with millions of players participating in tournaments across the globe. Yet despite this rapid expansion, a large part of the ecosystem, especially at the grassroots level, remains fragmented, unstructured, and chronically underfunded. The core challenge is familiar to any organiser or player who has competed outside the professional circuit: without a sponsor, there is no tournament.

    Espotz has taken direct aim at this problem by introducing fan-funded prize pools, a model that allows players, fans, friends, and communities to contribute to tournament prize funds before any brand sponsorship is secured. Rather than forcing organisers to wait for brand deals before they can host meaningful competitions, Espotz enables communities to power their own events from day one. Once organisers have built a track record – data, participation history, engagement metrics attracting brand sponsors becomes a structured, evidence-based conversation rather than a cold pitch.

    A Platform Built Around Four Pillars

    The Espotz ecosystem is built around four interconnected pillars: online tournaments where fans boost the prize pools, fractional team ownership, game-based self-paced online learning, and a gamified social media layer. What distinguishes the model is not each pillar individually, but how they interact to create a self-reinforcing economy. Players compete; fans invest; teams gain visibility; brands find structured pathways to engaged communities. Everything from bracket management and player registrations to automated payouts and cross-border digital transactions is handled within a single platform.

    For players, Espotz provides a unified profile that tracks tournament participation, wins, and earnings over time. This data-driven identity system gives competitive gamers something most platforms do not: a professional record that grows with them. For tournament organisers, a dedicated dashboard surfaces key metrics – community size, player reach, tournament history, and engagement levels, enabling them to present measurable impact to brands and build sustainable operations over time. For fans, direct contribution to prize pools transforms passive support into genuine participation in the outcomes that matter to them.

    Building a University for the Esports Industry

    One of the more ambitious elements of Espotz’s vision is what the company describes as building a university for the esports industry. The analogy is deliberate. Just as students attend university to develop skills, build a portfolio, complete internships, and eventually enter the workforce, Espotz is designed to give esports players a structured pathway from their first competitive match to their first sponsorship. Self-paced learning content, performance histories, competition records, and community engagement are all built into the platform, giving players and teams a portfolio they can present to brands and scouts, rather than simply hoping to be discovered.

    The Founder

    Behind the platform is Parshavv, a chartered accountant and lawyer with over 20 years of professional experience across Big 4 firms, startups, and entrepreneurial ventures. He’s recognized for putting teams together and for resolving issues related to operations, and feels that the esports sector can’t just scale to a larger level of entertainment. It requires structure, opportunities, education and sustainability. 

    Vision and Mission

    Espotz is on a mission to democratize esports from the ground up, transforming competitive gaming from a fragmented, sponsor-dependent activity into a structured, transparent, and inclusive global industry. Espotz aims to become a leading global esports ecosystem where talent is discovered, nurtured, and rewarded, and where competition evolves into long-term opportunity. We envision a future where esports is not just entertainment, but a pathway to identity, community, education, and shared economic value.

    For more information and latest updates, follow Espotz across its digital platforms and community channels.

    Connect with Espotz:

    Website: https://espotz.live/
    Founder (LinkedIn): https://www.linkedin.com/in/iamesportsbond 
    YouTube: https://www.youtube.com/@eSpotzLive
    Instagram: https://www.instagram.com/espotzlive
    LinkedIn: https://www.linkedin.com/company/espotzlive1
    X (Twitter): https://x.com/EspotzLive

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  • Nashik Social Worker Pramod Gaikwad’s Water Initiative to Be Presented at Singapore International Water Week 2026

    Nashik Social Worker Pramod Gaikwad’s Water Initiative to Be Presented at Singapore International Water Week 2026

    Nashik (Maharashtra) [India], May 26: An abstract submitted by Nashik-based social worker Pramod Gaikwad has been selected for oral presentation at the Singapore International Water Week (SIWW) Water Convention 2026, which will be held from June 15 to 18 at the Sands Expo and Convention Centre in Singapore.

    Widely attended by policymakers, researchers, industry experts and development organisations from across the world, the Singapore International Water Week has over the years emerged as an important platform for discussions around water management, urban sustainability and climate-related challenges. Countries and institutions often use the forum to present models, technologies and community-driven approaches linked to water access and sustainable development.

    Gaikwad’s paper, titled “Water as a Catalyst: A Nexus-Based Model for Tribal Empowerment in Rural India,” has been selected under the “Stakeholder Engagement” category. The presentation focuses on how access to drinking water in remote tribal villages can influence education, health, nutrition and livelihood conditions.

    Gaikwad, founder of the Social Networking Forum (SNF), has been working in tribal regions of Nashik and nearby districts for over 15 years. According to details mentioned in the abstract, the organisation has implemented community-led drinking water initiatives in more than 35 villages.

    The paper discusses how water scarcity affects daily life in remote areas, especially for women and children who often spend several hours each day fetching water. It also examines the changes observed in some villages after access to drinking water improved, including school attendance, local health conditions and day-to-day economic activity.

    Along with water projects, the model includes linked initiatives such as village libraries, nutrition support programs and rural health activities. The approach highlighted in the paper combines low-cost infrastructure with local participation and community ownership.

    The Singapore event is expected to feature delegates and experts from multiple countries working in the areas of public policy, environment, engineering and sustainable development. The selection of the paper will place a community-level initiative from tribal Maharashtra within a broader international discussion on water access and rural development models.

    SNF began around 2010 through educational support activities for tribal students and later expanded into water, health and rural development work across several villages in Maharashtra.

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  • Indian Institute of Management Kashipur to Host MERC 2026 on “Reimagining Management in an Era of Poly-Crisis”

    Indian Institute of Management Kashipur to Host MERC 2026 on “Reimagining Management in an Era of Poly-Crisis”

     New Delhi [India], May 26: The Indian Institute of Management Kashipur is set to host the 6th edition of the Management Education and Research Colloquium (MERC 2026) from 29th to 31st May 2026 at its campus. As the flagship doctoral research conference of IIM Kashipur, MERC 2026 will bring together doctoral scholars, academicians, researchers, and industry experts from across the country to deliberate upon emerging challenges and transformations in the field of management.

    The theme for this year’s colloquium, “Reimagining Management in an Era of Poly-Crisis,” reflects the growing need for organisations and institutions to rethink traditional approaches to management amid simultaneous global challenges such as geopolitical instability, climate emergencies, technological disruptions, and economic uncertainties. The conference aims to encourage interdisciplinary research and discussions focusing on resilience, sustainability, innovation, adaptability, and responsible management practices.

    MERC 2026 will provide an immersive academic platform featuring keynote addresses, paper presentations, workshops, networking opportunities, and campus engagement activities. The colloquium seeks to foster meaningful academic dialogue while equipping emerging researchers with contemporary perspectives and practical insights relevant to modern management research and practice. The conference will also recognise outstanding research contributions through Best Paper Awards.

    The conference will feature distinguished keynote speakers including Prof. Anand Nair, Professor & Jeff Bornstein Faculty Fellow at Northeastern University; Prof. G Sridhar, Professor at IIM Kozhikode; Prof. R. Edward Freeman, Bachand University Professor, Olsson Professor,and Academic Director at the University of Virginia Darden School of Business; Prof. Jeffrey M. Wooldridge, University Distinguished Professor of Economics at Michigan State University; Prof. Sushanta Kumar Mishra, Professor at IIM Bangalore.

    MERC 2026 will host research discussions across multiple domains including Communications, Economics, Finance and Accounting, Information Technology and Systems, Marketing, Operations Management and Decision Sciences, Organizational Behavior and Human Resource Management, Public Policy and Governance, and Strategy and Entrepreneurship.

    The colloquium is being organised under the patronage of Prof. Neeraj Dwivedi, Director, IIM Kashipur. The Advisory Committee for MERC 2026 includes Prof. Sabyasachi Patra and Prof. Vivek Roy as Colloquium Convenors, along with Prof. Jagadish Prasad Sahu, Prof. Ratikant Bhaskar, and Prof. Thasni T.

    Through MERC 2026, IIM Kashipur continues its commitment towards strengthening academic research, fostering intellectual collaboration, and creating impactful discourse on the evolving landscape of management education and practice.

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  • eCampus Edu reports regional trends among online learners in India; notes rise in second degrees and ROI focus

    eCampus Edu reports regional trends among online learners in India; notes rise in second degrees and ROI focus

    New Delhi [India], May 26: As online education sheds its stopgap image and becomes a career-driven choice, eCampus Edu has released fresh insights drawn from thousands of student interactions across India and the Middle East.

    The platform’s latest data points to three clear shifts: a sharp rise in working professionals enrolling for second degrees, a growing preference for programmes with measurable return on investment (ROI) over brand names alone, and accelerating demand for international online degrees.

    Regional trends among Indian learners

    According to eCampus Edu, student preferences vary distinctly by region and professional context. Learners in different parts of India show different priorities – from strong demand for MBA programs and government-recognized degrees in some areas, to higher willingness to invest in tech-focused courses such as Data Science and Information Technology in others.

    Meanwhile, Indian professionals based in the Middle East focus primarily on career upgrades and flexible learning formats that fit around demanding work schedules.

    Top three most in-demand courses

    Across all regions, the platform identified three clear leaders in student interest:

    1. Online MBA– especially specialisations in Marketing, Human Resources, and Data Analytics
    2. Doctorate of Business Administration (DBA)for working professionals
    3. Certificate programs in Generative AI, Machine Learning, and HR Analytics

    Three surprising trends of the past year

    eCampus Edu noted three significant developments over the last 12 months:

    • A notable surge in working professionals pursuing a second degree
    • Rising demand for international online programmes from universities outside India
    • A clear shift where students now prioritize placement records and ROI over brand recognition alone

    Who is the online learner today?

    The average age of a student seeking an online degree ranges from 22 to 38 years. The majority are:

    • Working professionals
    • Career switchers
    • Diploma holders upgrading their qualifications
    • Indian employees based overseas

    Understanding the ‘50% average hike’ claim

    eCampus Edu’s statement of a 50% average salary hike post-program is based on internal student feedback and salary progression data from partner universities. The company clarifies that the asterisk accompanying this figure means results vary by experience, industry, and role. The figure typically applies to students who complete the programme and actively switch roles or receive a promotion.

    What partner universities value most

    According to eCampus Edu, its university partners value three things from the platform:

    • High-quality, pre-qualified leads that reduce wasted outreach
    • Better student-programme fit, leading to lower dropout rates
    • Stronger conversion rates achieved through a combination of counselling and AI matching

    The company currently partners with multiple UGC-approved Indian universities and select international institutions, with growing interest from globally recognised universities including US and European B‑schools.

    How AI and performance marketing work together

    eCampus Edu uses a blend of AI and performance marketing to help universities reach the right students. The AI filters and segments students based on eligibility, interests, budget and career goals, ensuring universities receive pre-qualified leads rather than generic inquiries. Targeted campaigns across platforms like Meta and Google then reach the intended audience. Advisors nurture these leads, improving conversion rates and ensuring a strong match between students and programmes.

    Advisor backgrounds

    The platform’s advisors include experienced education counsellors and industry experts with backgrounds in higher education admissions, career counselling, EdTech growth, and marketing.

    Vision for the next 2–3 years

    “Our vision is to become a leading AI-powered ecosystem – from course discovery to career advancement,” a company representative said.

     “We aim to help working professionals in India and the Middle East make smarter decisions through personalised recommendations, career insights, and expert guidance. By strengthening partnerships with universities and expanding our reach, we plan to build a complete ecosystem that makes quality online education more accessible, efficient, and outcome-driven.”

    Online education in India: the big picture

    According to eCampus Edu, online education in India is rapidly becoming mainstream and career-focused. The company points to stronger employer acceptance, increased demand from working professionals for flexible, skill-based learning, and visible improvements by universities in programme quality and student support.

    “In the coming years, AI personalisation, outcome-based learning, and global access will enable learners to upskill continuously and stay competitive in a fast-changing job market,”the representative added.

    For more info visit: https://ecampusapp.com

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  • Patel Retail Limited Caps FY26 with a Spectacular 55% PAT Surge to Rs 39.05 Cr; PAT Margins Expand by 63 BPS

    Patel Retail Limited Caps FY26 with a Spectacular 55% PAT Surge to Rs 39.05 Cr; PAT Margins Expand by 63 BPS

    Mumbai (Maharashtra) [India], May 26: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, announced its audited Financial Results for Q4 FY26 & FY26.

    Key Financial Highlights

    FY26 Financial Highlights

    • Total Income of ₹ 1,059.29 Cr, YoY growth of 28.25%
    • EBITDA of ₹ 83.08 Cr, YoY growth of 33.07%
    • EBITDA Margin of 7.84%, YoY expansion of 28 Bps
    • PAT of ₹ 39.05 Cr, YoY growth of 54.48%
    • PAT Margin of 3.69%, YoY expansion of 63 Bps
    • EPS of ₹ 13.03, YoY growth of 26.50%

    Q4 FY26 Financial Highlights

    • Total Income of ₹ 339.55 Cr, YoY growth of 53.35%
    • EBITDA of ₹ 22.74 Cr, YoY growth of 31.21%
    • EBITDA Margin of 6.70%, YoY decline of (113) Bps
    • PAT of ₹ 9.98 Cr, YoY growth of 39.07%
    • PAT Margin of 2.94%, YoY decline of (30) Bps
    • EPS of ₹ 2.99, YoY growth of 3.82%

    Commenting on the performance, Mr. Rahul Patel, Chief Executive Officer of Patel Retail Limited, said, “We are pleased with the strong operational momentum witnessed during the quarter, supported by healthy demand trends, efficient execution, and continued retail expansion across key markets. During the period, we achieved important milestones with the launch of our 50th store in Thakurli and 51st store in Rasayani, further strengthening our presence and customer accessibility across the Mumbai Metropolitan Region.

    Our export business also continues to gain traction across international markets, reflecting increasing acceptance of our product quality, competitive positioning, and diversified offerings. At the operational level, we remain focused on strengthening private label contribution, improving supply chain efficiencies, and enhancing productivity through backward integration initiatives.

    Going forward, we remain committed to expanding our retail footprint, improving operational efficiencies, strengthening exports, and driving sustainable growth through disciplined execution and customer-focused strategies.”

    Commenting on the performance, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, said, “FY26 has been one of the strongest years in the company’s journey, marked by robust revenue growth, improved profitability, and continued business expansion across key verticals. The strong performance reflects the strength of our diversified business model, disciplined execution, and our ability to capitalize on emerging growth opportunities.

    During the year, we continued to strengthen our market presence through strategic expansion initiatives, deeper customer engagement, and a sharper focus on value-added product categories. Our consistent efforts towards improving operational efficiencies, enhancing private label contribution, and expanding our product portfolio have supported both growth and profitability.

    Looking ahead, we remain optimistic about the long-term growth outlook for the company. With a strong expansion pipeline, growing export opportunities, improving product mix, and continued focus on innovation and operational discipline, we are confident of sustaining healthy growth momentum and creating long-term value for all stakeholders.”

    Key Operational Highlights 

    Retail Expansion – 50th Store Launch in Thakurli, Mumbai (MMR Milestone) Achieved key milestone with launch of 50th Patel’s R Mart store in Thakurli, MumbaiStrategically located in a densely populated residential catchment to drive strong footfallsOffers comprehensive range of groceries, daily essentials, and household productsStrengthens presence in high-growth suburban micro-markets within MMRReinforces Company’s position as a rapidly scaling value retail chain in the region
    Retail Expansion – 51st Store Launch in Rasayani, Raigad (MMR Penetration)

    		 Expanded network with launch of 51st store in Rasayani, Khalapur, Raigad districtStrengthens footprint in semi-urban and emerging markets within MMR regionEnhances accessibility to organised retail in high-potential residential clusters Continues focus on proximity-based expansion to drive customer convenience 
    Export Operations – DGFT Authorization for Wheat Flour & Related Products Received export authorization from the Directorate General of Foreign Trade (DGFT), Government of India. Approved to export wheat flour and related products across international markets. Strengthens the company’s export capabilities and global market presence. Reflects compliance with international quality and regulatory standards. Backed by a strong manufacturing infrastructure and an established export track record

    About Patel Retail Limited

    Patel Retail Limited is a leading name in value-driven retail and integrated food processing in India. Headquartered in Ambernath, Mumbai, with operations across the MMRDA region, the company combines modern retail formats with backward integration in agri-processing to ensure quality, cost efficiency, and supply reliability. It also extends its reach through a mobile application that connects customers to their nearest store and offers free home delivery. 

    Patel Retail has built a strong portfolio of products through its in-house brands – Indian Chaska for spices and flavourings, Patel Fresh for pulses, nuts, and dry fruits, and Patel Essential for household and cleaning products. Supported by food processing units in Dudhai, Gujarat, and a facility in Ambarnath MIDC, along with a current network of 51 stores, the company maintains strict quality and safety standards while delivering value across its product categories. 

    With an expanding footprint in Thane, Raigad, and Palghar District, Patel Retail has steadily strengthened its presence in suburban and emerging urban markets. This growth momentum culminated in its successful Initial Public Offering in August 2025, with the company’s shares listed on the BSE and NSE on August 26, 2025, marking an important milestone in its journey of scale, trust, and customer centricity.

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  • Andaman Travel Care Recognized for Customized Andaman Tour Packages and Honeymoon Travel Experiences

    Andaman Travel Care Recognized for Customized Andaman Tour Packages and Honeymoon Travel Experiences

    Premium Andaman Tour Packages & Honeymoon Experiences in Andaman & Nicobar Islands

    Port Blair (Andaman & Nicobar Islands) [India], May 26: AndamanTravelCare, a certified member of the Andaman Association of Tour Operators (AATO) and approved by the Andaman Tourism Department, has strengthened its position as a trusted provider of customized Andaman tour packages, honeymoon experiences, private island tours, and complete travel solutions across the Andaman and Nicobar Islands.

    Based in Port Blair, AndamanTravelCare specializes in personalized travel planning for families, couples, honeymooners, corporate groups, and international tourists. With over 10 years of experience in Andaman tourism, the company combines local expertise, transparent pricing, and reliable on-ground support to deliver seamless island travel experiences.

    “Our goal is to make Andaman travel simple, transparent, and memorable for every guest,” said a spokesperson for AndamanTravelCare. “We handle everything from ferry coordination to hotels, sightseeing, and honeymoon arrangements so travelers can enjoy a stress-free journey.”

    Trusted Credentials and Customer Confidence

    AndamanTravelCare is a government-licensed tour operator and official AATO member certified by the Andaman Tourism Department.

    The company has earned:

    • 500+ verified 5-star reviews across Google, TripAdvisor, and Facebook
    • 5.0 average customer rating
    • 40% repeat customer rate
    • Tripadvisor Travelers’ Choice Awards 2025 & 2026

    These recognitions highlight its strong reputation in customized Andaman tour packages and honeymoon travel services.

    Customized Andaman Tour Packages

    AndamanTravelCare offers fully customizable Andaman tour packages ranging from 4 nights to 7+ nights. Each itinerary is designed based on budget, hotel preference, travel style, and activity selection.

    Package Categories:

    • Budget Packages (₹11,900–₹16,000 per person): Affordable stays, transfers, sightseeing, and essential travel support
    • Mid-Range Packages (₹16,000–₹26,000 per person): Sea-view hotels, meals, water sports, and upgraded travel experiences
    • Luxury Packages (₹28,000+ per person): Beach resorts, private drivers, yacht experiences, candlelight dinners, and premium services

    Each package includes hotels, private transportation, ferry coordination, guided sightseeing, water sports assistance, and 24/7 customer support.

    Premium Andaman Honeymoon Packages

    AndamanTravelCare is widely recognized for its romantic Andaman honeymoon packages designed for couples seeking privacy, comfort, and unforgettable experiences.

    Honeymoon inclusions may feature:

    • Candlelight beach dinners
    • Sunset cruises
    • Flower bed decoration
    • Ocean-view resort stays
    • Private beach experiences
    • Couple photography sessions

    These packages are designed to offer stress-free romantic holidays across the Andaman Islands.

    Local Expertise and On-Ground Support

    With its operational base in Port Blair, AndamanTravelCare provides strong local support and real-time travel coordination.

    The company works with verified:

    • Hotels and resorts
    • Ferry operators
    • Water sports providers
    • PADI-certified diving partners
    • Local transport services

    This ensures smooth inter-island travel across Havelock Island, Neil Island, North Bay, and Port Blair.

    Popular Andaman Destinations Covered

    Travel packages include top destinations such as:

    • Radhanagar Beach
    • Elephant Beach
    • Cellular Jail National Monument
    • Ross Island
    • North Bay Island
    • Havelock Island
    • Neil Island
    • Natural Bridge

    Travel Experiences Offered

    AndamanTravelCare provides a wide range of travel experiences including:

    • Scuba diving and snorkeling
    • Sea walking and glass-bottom boat rides
    • Island hopping tours
    • Heritage and cultural tours
    • Beach holidays and relaxation packages
    • Adventure water sports
    • Honeymoon travel experiences

    Best Time to Visit Andaman

    The best time to visit Andaman is October to May, when weather conditions are ideal for sightseeing, water sports, and inter-island travel. The company assists travelers in planning trips based on seasonal conditions and ferry availability.

    Transparent Pricing and Personalized Planning

    A key strength of AndamanTravelCare is its transparent pricing model. Travelers receive clear breakdowns of hotel costs, ferry tickets, transport, and activities.

    Customers can customize:

    • Hotel categories
    • Travel duration
    • Activities
    • Meal plans
    • Honeymoon inclusions
    • Transport options

    About AndamanTravelCare

    AndamanTravelCare is a Port Blair-based, government-licensed tour operator specializing in customized Andaman tour packages, honeymoon packages, private island tours, hotel bookings, ferry coordination, and travel experiences. As a certified AATO member and Andaman Tourism Department-approved company, it focuses on delivering transparent pricing, local expertise, and personalized travel services.

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  • Actress Sanya Thakur Turns Radha Rani at Cannes Red Carpet 2026, Represents Sanatan Culture Globally

    Actress Sanya Thakur Turns Radha Rani at Cannes Red Carpet 2026, Represents Sanatan Culture Globally

    New Delhi [India], May 26: The glamour of the Cannes Film Festival 2026 witnessed a rare blend of spirituality, culture, and elegance as Bollywood actress Sanya Thakur made a striking appearance on the prestigious international red carpet. Known for her performances in Super 30 and Spy, the actress grabbed global attention by representing the divine essence of Radha Rani and proudly showcasing Sanatan Sanskruti on one of the world’s biggest cinematic platforms.

    While Cannes is known for high-fashion statements and luxury couture, Sanya Thakur chose to stand apart by embracing Indian tradition with grace and devotion. Dressed in a heavily embroidered traditional lehenga featuring intricate mirror work, floral detailing, and vibrant Indian craftsmanship, the actress beautifully celebrated India’s rich cultural heritage.

    What truly mesmerized audiences was her Radha Rani inspired styling. Sanya adorned her long braided hair with fresh flowers and glowing decorative lights symbolising purity, peace, and divine feminine energy. Traditional jewellery including a maang tikka, bangles, nose ring, and handcrafted ornaments completed her ethereal look. Holding a flute in her hand, she perfectly embodied the aura of Radha Rani while representing the spiritual beauty of Sanatan Dharma before a global audience.

    Speaking about her appearance, Sanya shared that her Cannes look was more than fashion — it was a message of peace, positivity, love, and cultural pride. According to the actress, Indian spirituality and Sanatan values have the power to connect people globally, and Cannes became the perfect platform to celebrate that belief.

    Her unique appearance has already created massive buzz across social media platforms, with fans and fashion pages praising her for bringing Indian culture and devotion to an international red carpet in such a graceful and powerful way.

    Adding another milestone to her Cannes journey, Sanya Thakur also launched the poster of her upcoming project “Save The God” during the festival at Bharat Pavilion making her presence at Cannes 2026 both culturally impactful and cinematically significant.

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  • Fredun Pharmaceuticals Announces 2:1 Bonus Issue, Signaling Strong Growth Confidence

    Fredun Pharmaceuticals Announces 2:1 Bonus Issue, Signaling Strong Growth Confidence

    Mumbai (Maharashtra) [India], May 26: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730), one of the leading pharmaceutical formulation manufacturing companies in India, diversified across generics, cosmeceuticals, nutraceuticals, mobility, and animal healthcare products, has announced a 2:1 bonus issue of equity shares, underscoring its strong financial performance and continued confidence in future growth.

    The Board of Directors, at its meeting held on May 25, 2026, wherein the audited financial results for Q4 and FY26 were approved, has recommended the issuance of bonus shares in the ratio of 2:1, i.e. 2 fully paid-up equity shares of ₹10 each for every 1 existing equity share of ₹10 each, to eligible shareholders and warrant holders as on the record date, subject to shareholder approval.

    The bonus issue reflects Fredun’s strategic intent to:

    • Reward shareholders for their sustained confidence and long-term commitment to the Company’s growth vision 
    • Signal management’s confidence in the structural earnings growth and long-term scalability of the business 

    With multiple high-growth engines firmly in place — including branded generic exports to 52 countries, domestic Fredun Gx formulations, an integrated pet healthcare platform (Freossi, Wagr and One Pet Stop), nutraceuticals, and cosmeceuticals (Bird N Beauty) — the Company is well-positioned to sustain its growth trajectory. The inauguration of its 5th GMP-certified manufacturing facility in April 2026 provides significant capacity headroom to support the next phase of scaling across all verticals.

    This move not only aligns with the company’s consistent value creation philosophy but also reinforces its commitment to delivering long-term, inclusive wealth creation for shareholders.

    Commenting on the update, Mr. Fredun Medhora, Managing Director, said, “The recommendation of a 2:1 bonus issue reflects the strong momentum we have built and our confidence in sustaining this growth trajectory. With robust performance across revenue and profitability, and continued progress in diversifying into higher-value segments such as nutraceuticals, cosmeceuticals, and pet healthcare, we are strengthening the quality and scalability of our business. This bonus is a way of sharing our progress with shareholders while reinforcing our commitment to consistent, long-term value creation.”

    About Fredun Pharmaceuticals Limited

    Fredun Pharmaceuticals Limited, a healthcare and pharmaceuticals company, offers a range of products, including antihypertensives, antidiabetics, antiretroviral drugs (ARVs), and narcotics. It is also engaged in the manufacturing of dietary/herbal supplements, nutraceuticals, cosmeceuticals, and other healthcare products, along with animal healthcare products. With such a diverse range of products, the Company’s objective is to be a holistic healthcare provider. The Company primarily exports its products to Africa, Southeast Asia, Commonwealth of Independent States (CIS) countries, and Latin America. 

    In FY26, Fredun reported total revenues of ₹639.12 Cr, with an EBITDA of ₹94.79 Cr and a PAT of ₹33.21 Cr.

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  • TGI Fridays® Launches Delhi NCR Flagship At Connaught Place

    TGI Fridays® Launches Delhi NCR Flagship At Connaught Place

    Suraj Mahant of Feastary Hospitality LLP; Prashant and Pranay Mukherjee, Directors, Bistro Hospitality and Universal Success Enterprises Ltd; Kuunal Maiti, CEO TGI Fridays India

    New Delhi [India], May 26: TGI Fridays®, the globally renowned American casual dining brand, has unveiled its newest flagship restaurant at the landmark Connaught Place in New Delhi. The restaurant marks another significant milestone in the brand’s India growth story and has been launched by Bistro Hospitality Pvt. Ltd., the master franchisee for TGI Fridays® in India, along with its North India franchise partner Feastary Hospitality LLP.

    Present across more than 40 countries, TGI Fridays continues to bring together bold American flavours, handcrafted cocktails, vibrant energy, and its signature hospitality-driven experience for guests around the world. The Connaught Place flagship reflects the brand’s continued focus on elevating experiential dining in India’s leading metropolitan and lifestyle destinations.

    The opening forms part of TGI Fridays’ ambitious expansion strategy for India, aimed at strengthening its footprint in premium urban markets while creating globally aligned dining experiences tailored for the evolving Indian consumer.

    “Over the last year, our focus has been on strategically reviving and repositioning TGI Fridays in India by aligning the brand closer to its global identity while adapting it to the preferences of today’s consumers. From flagship destinations and refreshed restaurant formats to stronger operational partnerships and experience-led dining, every step has been driven by a long-term vision for sustainable growth and brand relevance in the Indian market,” said Prashant Mukherjee, Director, Bistro Hospitality and Universal Success Enterprises Ltd.

    The launch evening witnessed the presence of distinguished guests, members of the media, and food and lifestyle influencers, celebrating not just the opening of a new restaurant, but the arrival of a vibrant social and dining destination in the heart of Delhi.

    “TGI Fridays currently operates restaurants in Kolkata, Hyderabad, Lucknow, Gurgaon, and now at Connaught Place, with another outlet at Vasant Kunj set to open shortly. This expansion will double the store count from three to six within a span of 12 months. Several additional locations are already being planned, underscoring the brand’s continued expansion and long-term commitment to the Indian market,” said Kuunal Maiti, CEO, Bistro Hospitality Pvt. Ltd.

    Speaking on the North India growth roadmap, Suraj Mahant of Feastary Hospitality LLP said, “When we launched in Gurugram, we had outlined a clear vision for North India. Connaught Place marks another key milestone in that journey. This flagship restaurant further strengthens the brand’s presence in the region while laying the foundation for sustained expansion across important northern markets.”

    The launch further reinforces the partnership between Bistro Hospitality Pvt. Ltd. and Feastary Hospitality LLP, with multiple future openings planned as part of a phased expansion strategy focused on sustainable growth and operational excellence.

    About TGI FRIDAYS®

    Founded in New York City in 1965, TGI Fridays is one of the world’s most recognised casual dining brands, celebrated for its bold American cuisine, handcrafted beverages, and energetic social dining experience. In India, the brand’s expansion is led by Bistro Hospitality Pvt. Ltd. through a structured franchise and partnership-led model that maintains global brand standards while adapting to regional preferences.

    Feastary Hospitality LLP is the exclusive franchise partner for North India and is responsible for driving the brand’s growth and operations across key markets in the region.

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  • Khazanchi Jewellers Delivers Strong EBITDA Growth; Margins Expand by 312 Bps in H2 and 253 Bps in FY26

    Khazanchi Jewellers Delivers Strong EBITDA Growth; Margins Expand by 312 Bps in H2 and 253 Bps in FY26

    Chennai (Tamil Nadu) [India], May 26: Khazanchi Jewellers Limited (BSE: 543953), one of the leading Indian jewellery companies specializing in gold, diamonds, precious stones, and bullion items, has announced its unaudited Financial Results for H2 FY26 & FY26.

    Key Financial Highlights

    FY26 Financial Highlights

    • Total Revenue of ₹ 2,051.02 Cr, YoY growth of 15.71%
    • EBITDA of ₹ 126.99 Cr, YoY growth of 95.69%
    • EBITDA Margin of 6.19%, YoY expansion of 253 Bps
    • PAT of ₹ 89.42 Cr, YoY growth of 98.87%
    • PAT Margin of 4.36%, YoY expansion of 182 Bps
    • EPS of ₹ 36.10, YoY growth of 98.57%

    H2 FY26 Financial Highlights

    • Total Revenue of ₹ 1,098.26 Cr, YoY growth of 8.10%
    • EBITDA of ₹ 73.21 Cr, YoY growth of 102.79%
    • EBITDA Margin of 6.67%, YoY expansion of 312 Bps
    • PAT of ₹ 50.72 Cr, YoY growth of 103.60%
    • PAT Margin of 4.62%, YoY expansion of 217 Bps
    • EPS of ₹ 20.46, YoY growth of 103.18%

    Results Analysis

    “FY26 has been a defining year for us, where scale, execution, and strategic investments have started reflecting more meaningfully in our financial performance. The second half of the year, in particular, saw strong traction driven by festive and wedding demand, improved product mix, and better operating leverage.

    Over the year, we have focused on building a more resilient and value-driven business by maintaining disciplined control over inventory and costs, while continuing to scale both our wholesale and retail segments. Our wholesale business remains a strong foundation, delivering consistent volume-led growth. At the same time, our B2C operations are gaining momentum with a strengthened presence and increasing contribution to the overall business mix. The growing contributions of B2C business coupled with better realizations, has further supported margin expansion and improved profitability during the year.

    As we move forward, our focus will remain on scaling our retail footprint, deepening our design-led offerings, and driving efficiency across the value chain, enabling us to deliver sustainable and profitable growth.”

    Key Operational Highlights

    Flagship Showroom Launch During H2 FY26, the company launched the 10,000 sq. ft. flagship showroom in Chennai, strengthening the retail presence. 

    About Khazanchi Jewellers Limited

    Khazanchi Jewellers, with over five decades of experience and located in Tamil Nadu, holds a significant position in the Indian jewellery sector. The company serves as a pivotal player in both wholesale and retail markets, specializing in a wide array of jewellery products. Offerings range from gold, diamonds, and precious stones to exquisite fancy jewellery, encompassing sought-after bullion items like coins and bars. Their business model involves raw material procurement, manufacturing and designing, the placement of products, and sales to end customers.

    In FY26, the company reported Total Revenue of ₹ 2,051.02 Cr, EBITDA of ₹ 126.99 Cr, and PAT of ₹ 89.42 Cr.

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