Tag: Business

Mumbai (Maharashtra) [India], October 31: Airfloa Rail Technology Limited (BSE – AIRFLOA | 544516 | INE0XBS01012), a leading manufacturer of railway rolling stock components and turnkey interior solutions, has announced the receipt of a fresh ₹3.08 crore order from the Modern Coach Factory (MCF), Uttar Pradesh, for the supply of Set of Side Wall complete for LHB type Power Car Coach.

This new order, received on 29th October, 2025, adds to a strong series of wins this week, bringing total new orders to ₹113.45 crore within seven days. 

Recent Order Highlights:

₹3.08 Crore – Modern Coach Factory, Uttar Pradesh
• Scope: Supply of Set of Side Wall complete for LHB type Power Car Coach
• Execution Timeline: Within 5–6 months

₹23.91 Crore – Integral Coach Factory, Chennai
• Scope: Supply and installation of interior furnishing of Amrit Bharat Coaches on a turnkey basis
• Execution Timeline: ~15 months

₹9.74 Crore – Modern Coach Factory, Uttar Pradesh
• Scope: Supply of roof components (₹1.58 crore), installation of Nose Cone (₹1.20 crore) and luggage rack modules (₹6.96 crore) for LHB Coaches
• Execution Timeline: ~5–7 months

₹2.79 Crore – Integral Coach Factory, Chennai
• Scope: Supply of one coach set of sidewall and roof for Kolkata Metro

• Execution Timeline: ~17 months

₹73.93 Crore – Integral Coach Factory, Chennai
• Scope: Supply and installation of turnkey interior furnishing for Amrit Bharat LWSCN Coaches
• Execution Timeline: ~12–18 months

Order Book Momentum

These consecutive wins highlight Airfloa’s design excellence, precision manufacturing, and strong engagement with Indian Railways’ key production units. With cumulative inflows of ₹113.45 crore in seven days, the Company’s order book now stands near ₹455 crore, supported by robust demand from Indian Railways, metro projects, and export opportunities.

Commenting on the order wins, Mr. Manikandan Dakshnamoorthy, Joint Managing Director, said: “These consecutive orders reflect the strong confidence our customers continue to place in Airfloa’s capabilities. Each new project reinforces our commitment to precision, innovation, and timely execution. We see these wins as a result of our team’s dedication and the enduring partnerships we’ve built with Indian Railways. Our focus remains on delivering excellence while preparing for the next phase of sustainable growth.”

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.

New Delhi [India], October 30: Let’s be honest — not every post you make hits the mark. Sometimes it’s the lighting. Sometimes it’s the pacing. And sometimes, it’s just off. But what if instead of deleting it, you could transform it?

 Not re-edit, not redo — just remix it with a fresh spark of creativity. That’s what makes CapCut Web so powerful.

 It’s built for modern creators who want professional results without overthinking the process. From video creation to photo design and audio extraction, everything you need is right inside your browser. Here are three AI-powered hacks to help you reinvent your content — fast.

1. Turn old ideas into new visuals

Ever scrolled through your old drafts and thought, “This could’ve been better”?  Here’s your chance to fix that — without starting from scratch.

Inside CapCut Web, you can use its AI video generator to take an old caption, script, or idea and turn it into a polished video.  All you do is type your topic, choose your style, and let the AI generate scenes, transitions, and even matching voiceovers.

Think about it: that blog post that didn’t get traction last year could become a 15-second viral reel today.  The generator creates pacing, visuals, and even audio that matches your story’s tone automatically.

Try it once — it’s like watching your words turn into moving art.

2. Redesign your visuals in minutes (step-by-step)

Every creator has a few images that didn’t quite land. Maybe the lighting was dull, or the composition felt flat.

 That’s where CapCut Web’s online photo editor changes everything. The editor is powered by Seedream 4.0 — a next-gen AI model that can transform your dull visuals into clean, professional-looking designs with just a few tweaks. Here’s how to do it in under 10 minutes:

Step 1: Head to the AI Design workspace

Open CapCut Web in your browser and click on “AI Design” from the left panel. This takes you to the photo editor interface — an all-in-one space for image editing, background removal, and AI styling.

Step 2: Upload your image or describe what you want

You can upload your old photo, poster, or thumbnail. Or, if you’re starting blank, describe what you need — for example, “a modern travel poster with soft blue tones and a city skyline.” The AI instantly generates a creative visual that matches your prompt.

Step 3: Enhance with AI filters and tools

Now the fun part — refining it. Adjust lighting, add text, remove cluttered backgrounds or expand in one click. If you’re creating branded visuals, you can even color-match your design to your logo automatically. The tool feels intuitive — like designing with instinct instead of effort.

Step 4: Save or repurpose your new visual

Once it looks perfect, download your design or send it straight into your CapCut Web video project.  Many creators use this step to refresh their YouTube thumbnails, ad posters, or campaign images.

In a few clicks, your “meh” image turns into a post that actually grabs attention.

3. Give your sound a second life

Here’s a fact: sound gives emotion to content.  And if you’ve ever wished you could reuse a voiceover, song, or effect from an old video — you can.

CapCut Web includes a handy feature that lets you extract audio from video files instantly.  Just upload your video, and the AI separates the audio for you — crisp, clean, and ready to use. 

Creators use it to recycle their best moments — a speech, a quote, or even background music. You can trim the sound, change its tone, or layer it on top of your newly designed visuals.

The process is simple, but the creative possibilities are endless.

Bonus: Combine all three for a 10-minute transformation

This is where the magic happens.  When you combine the video, audio, and photo tools, you can rebuild an entire piece of content without recording anything new.

Here’s how the “10-minute content makeover” looks:

1. Use the audio extraction tool to grab your favorite soundbite from an old clip.
2. Redesign your old thumbnail or image in the photo editor using the AI design workspace.
3. Drop both into the video generator and let the AI assemble it into a brand-new video.

The result? Something that feels entirely new — but takes a fraction of the time to create.

Final thoughts

AI isn’t replacing creativity. It’s making it faster, sharper, and more fun. CapCut Web helps you breathe new life into your ideas — even the ones you thought were done. The AI video generator turns scripts into stories. The audio extraction tool helps you recycle great sound.

And the photo editor brings your visuals back to life with just a few clicks. So next time you look at an old project and feel like deleting it — don’t.

Open your browser, head to CapCut Web, and give it 10 minutes.  You’ll see what creativity looks like when AI’s on your side.

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.

Surat (Gujarat) [India], October 30: Game Changers Texfab Limited is one of the upcoming SME IPOs that has organised its investor roadshows in Jaipur and Surat on October 25 and 27, 2025, respectively, as part of its upcoming SME IPO on the BSE facility. These investor road shows were a significant avenue for potential investors, institutional buyers, and market players to have a detailed insight into the business model of the company, its strengths in operations, financial performance and future outlook of the company’s growth before its initial public issue. 

NNM Group organised the roadshows and hosted relevant events that helped create meaningful contacts between the management team of the company and potential investors. The inaugural was conducted on a Saturday, 25th October, 2025, at Hotel Hilton, Jaipur and the second event was conducted on Monday, 27th October, 2025, at T.G.B., Emerald Hall, Surat. Both occasions have had a positive attendance, and the investors took part actively in the shows to find out more about the company’s journey and strategic roadmap. The main aim of these meetings was to bring into focus the growth path of Game Changers Texfab, business potential, and future expansion projections and to reassure the investor of its ability to handle its operations. 

The promoters and senior management of the company were free to interact with the investors during the sessions and answered all the questions in an open and transparent manner. They discussed the basics of the business of the company, its asset-light business structure and how it intends to enlarge its manufacturing and distribution networks. Investors were interested in knowing the strategy of revenue diversification of the company, margins and future expansion of retailing initiatives. The self-assured and evidence-based answers given by the promoters were also well-accepted, which reinforced the credibility and interest of the participating investors. 

The roadshows were held immediately before the IPO of the company, which is to be opened on October 28-October 30, 2025, with a price range of ₹96 to ₹102 per share. The combined size of the issue sums to ₹54.84 crore, and the stock is likely to be floated on November 4, 2025, on the BSE SME exchange. The company will use the proceeds mainly for capital expenditure, working capital needs, general corporate purposes and possible unidentified acquisitions as an indication of its orientation to sustainable growth and operational efficiency. 

After the successful roadshows, Game Changers Texfab Limited held its anchor investor bidding on the 27th of October 2025, wherein it raised ₹9.15 crore from the anchor investors by allotting shares at ₹102 per share. This news reiterated the increased investor confidence in the company. With the favourable mood, though, a small group of market analysts were worried by the fact that the company was quite highly valued relative to its growth in earnings and the risks that its asset-light business model entailed. Nonetheless, the management of the company insisted that its strategy is scalable, flexible and capable of providing good returns in the long run, which was more acceptable to the majority of the participants at the roadshows. 

In sum, the investor meet held in Jaipur and Surat proved to be effective in presenting the business vision of Game Changers Texfab Limited, its business strengths, and the credibility of its leadership, which is optimistic about the future of its SME IPO.

New Delhi [India], October 30: Babywear brand Sprog has announced a phased plan to extend its presence across India. From its base in South India, the homegrown label has emerged as one of the country’s leading kidswear brands, winning over parents with its focus on safety, sustainability, and subtle luxury.

The brand aims to strengthen operations in southern markets throughout 2025–26 before moving into western hubs such as Mumbai and Gujarat between 2027 and 2028. This strategy reflects both the rising demand for premium baby clothing and the trust parents place in Sprog’s approach. A key differentiator is its commitment to safety—garments made with 100% combed cotton, azo-free dyes, and designs free from irritants such as internal tags or harsh elastics. The brand also plans to introduce hypoallergenic fabrics in its future collections, reflecting rising parental awareness of skin sensitivity in infants.

Dermatologist-backed care in baby clothing:

• All Sprog fabrics are dermatologically tested to ensure complete safety for delicate infant skin.
• The brand’s in-house dermatologist offers expert guidance to parents on the ideal fabrics for different skin types.
• This initiative underscores Sprog’s commitment to safe, sustainable, and scientifically informed baby wear.

Inspired by the five elements—earth, water, fire, air, and space—Sprog’s designs bring a distinctive identity to a crowded market. Its expansion marks a broader shift towards sustainable and quality-focused newborn wear in India’s apparel sector.

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.

Suniel Shetty, KL Rahul, Ahan Shetty and Akshai Varde Showcase Phase 2 Expansion with B2B Logistics Entry and Universal ‘Scoot’ Launch

Mumbai (Maharashtra) [India], October 30: EXELmoto, the celebrity-backed electric mobility brand, enters a new chapter with a commercial expansion, unveiling its B2B division with Delhivery India Limited and launching a universally accessible ‘Scoot’—an electric cycle with a scooter form factor, designed for intuitive pedal assist and a comfortable bench seat.

The product is focused on empowering women—whether in the workforce or at home—as well as elderly riders, offering convenience, independence, and ease of use. Addressing India’s growing focus on active lifestyles and health, ‘Scoot’ positions itself as the most economical micro-mobility solution available, requiring no license or registration.

Milestone Preorders & New Personal Mobility Launch

Following the June campaign, EXELmoto completed a successful round of pre-orders for its personal mobility bikes, meeting strong consumer demand and celebrating a major milestone for the brand. These preorders pertain strictly to the personal micro-mobility segment and do not include commercial units.

Delhivery Collaboration: A Strategic Association

EXELmoto has exclusively designed a bike tailored to Delhivery’s technical and operational requirements, cementing this association as a strategic relationship. The arrangement has entered a phase-wise delivery schedule with the first batch of 200 logistics bikes currently in process of delivery. This next step follows positive pilot feedback and demonstrates the robustness of EXELmoto’s product design and engineering for commercial logistics use.

“Delhivery validated what we built—reliability under real-world logistics conditions. We’re targeting the logistics and quick commerce segments, and this is truly scalable business. Multiple commercial models will be explored as volume grows. For our personal mobility segment, we’ve achieved unit economics that deliver healthy gross margins from the very first month, setting a strong foundation as we scale,” commented Akshai Varde, Founder & CEO, EXELmoto.

Inclusive Micro Mobility: 

The ‘Scoot’ electric cycle offers intuitive pedal assist and a comfortable, bench-style seat. Designed for micro-mobility, it suits women and elderly riders seeking health, independence, and low running costs. The unregistered, license-free aspect of this micro-mobility vehicle further enhances accessibility and mass adoption.

This marks the first time the trio—actor-entrepreneur Suniel Shetty, celebrated Indian cricketer KL Rahul, and Bollywood actor Ahan Shetty—have united as co-investors in an electric mobility venture, bringing cross-generational credibility to EXELmoto’s positioning as India’s most accessible premium e-mobility brand. Their commitment signifies sustainable mobility as both a lifestyle evolution and a tangible commercial opportunity.

Suniel Shetty, Investor & Mentor, emphasized, “Clean mobility is for everyone seeking an active life. This scooter exemplifies design that respects riders of all ages—when my generation can confidently adopt electric mobility, the revolution is truly underway. EXELmoto is building trust and impact across demographics. We backed Akshai because he builds products that perform under pressure and understands manufacturing economics. The numbers underpin a real opportunity and we expect profitability within 12-18 months.”

Investment Perspective: Building beyond Hype 

KL Rahul, Cricketer & Co-Investor, shared, “Fundamentals will define market leaders. Our commercial pivot, validated by Delhivery, creates clear paths to profitability and makes infrastructure for last-mile commerce possible. This isn’t just about personal mobility anymore, it’s infrastructure for India’s last-mile commerce with clear paths to profitability.”

Youth Market Evolution

Ahan Shetty, Actor & Co-Investor, added, “My generation’s looking for brands that evolve and grow with us, not just talk to us. EXELmoto began with style, and now it’s about substance and infrastructure. Expanding with inclusive design and tech means sustainable impact for the future—and that’s why we’re fully invested, both financially and emotionally.”

Expansion Roadmap & Strategic Priorities

• 68 outlets with Channel Sales deliveries commencing in November 2025
• Amazon and Flipkart listings commence November 2025 for national reach
• Healthy gross margins achieved, with further improvements expected as manufacturing scales in-houseTwo patents granted, four pending across vehicle architecture, frame, and component packaging
• Modular design and manufacturing partnerships scale annual capacity to 50,000 bikes by Q3 2026
• Major manufacturing processes will shift in-house post next investment round, improving margins and control
• Exports and profitability projected within 12 months of the next funding cycle
• Proprietary tech development in drivetrain and software will enhance user safety, security, and connectivity
• Planned expansion into Southeast Asian and Middle Eastern markets where regulatory frameworks favor license-free micro-mobility

Product Launches

Commercial E-bike Delhivery Edition: High-capacity logistics model, pilot production Q4 2025

‘Scoot’ Electric Cycle: Accessible, bench-seat, pedal-assist design for women and elderly, Q1 2026 availability

For more information: www.exelmoto.com

Note to Editors:

High-resolution images, product specifications, and Founder & CEO, EXELmoto, Akshai Varde’s interviews via email are available on request.

ABOUT EXELmoto

EXELmoto designs and manufactures patented electric mobility solutions with motorcycle-inspired aesthetics and sustainable tech. Founded by Akshai Varde with two decades of premium automotive design experience, and backed by Suniel Shetty, KL Rahul, and Ahan Shetty, its products are license-free, registration-free, and engineered for all roads.

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.

Mumbai (Maharashtra) [India], October 30: Saburi Tea, one of India’s fastest-growing tea brands, has announced the onboarding of Nitin Sethi, a renowned consumer leader and Former Joint President, Chief Digital Officer – Consumer Business of the Adani Group/ Digital Head of IndiGo (6EDigital) as Investor and Executive Advisor Board Member. This strategic collaboration marks a significant milestone in Saburi’s journey toward becoming a household name in India’s competitive FMCG landscape.

Backed by actress Parineeti Chopra as brand ambassador, Saburi Tea has already made its mark across Northern India with its slogan of “Meri Chai Saburi Chai”. With Nitin’s entry, the brand aims to amplify its consumer connect, accelerate growth, and strengthen its leadership positioning in India’s ₹30,000 crore organised tea market.

A Vision for India’s Tea-Loving Heartland

Ketan Khanna, Co-founder & CEO of Saburi Tea, shared,

“We are curating a collective of strategic stakeholders from India’s consumer ecosystem who deeply understand Bharat. Nitin’s credibility and proven track record in building loved consumer brands will be a game-changer for Saburi’s next orbit of growth. With his guidance, we aim to scale 5–6X over the next few years, while maintaining our core of authenticity, taste, and trust.”

Nitin Sethi’s Entry: From Digital Transformation to Brand Resurrection

With over 25 years of leadership across Adani Group, IndiGo, Quikr, Commonfloor, Yatra, TravelGuru, InfoEdge (Naukri.com Group), TimesInternet, Rediff & Bharti Airtel, Nitin Sethi has been instrumental in crafting digital-first brands & platforms and scaling consumer-centric businesses across categories. He has just launched his Venture Studio, FutureAge Ai Labs, with his core leaders.

Speaking about his association, Nitin Sethi said,

“I have always been obsessed with building consumer-loved brands for Bharat — brands that connect emotionally, deliver consistently, and create legacy. Saburi Tea represents the spirit of new India — rooted in tradition yet modern in execution. My focus will be to expand the brand’s footprint across categories, channels, and geographies, while creating a culture that attracts the best talent and partners. Together, we will craft a brand that doesn’t just sell tea — it sells moments, emotions, and pride in every sip.”

“Our North Star is clear — to make Saburi a consumer brand worthy of an IPO in the next few years, built on strong fundamentals and sustainable growth. The four growth pillars will be category expansion, geography expansion, segment diversification, and channel innovation. We look forward to working closely with a few key stakeholders together in this journey. The North Star for us is to grow the brand 100% year on year from here for the next 3-4 years consistently.”

A Partnership Steeped in Purpose

Aman Khanna, Co-founder of Saburi Tea, expressed his excitement,

“We’ve found a perfect partner in Nitin — someone who blends entrepreneurial fire with large-scale brand wisdom. His ability to connect strategy, design, and execution is unparalleled. Together, we are a killer combination — our deep understanding of the tea business and his knack for scaling consumer platforms will create magic. This partnership is not just about growth, but about crafting a legacy brand from India for the world.”

Crafting the Next Chapter of Indian Tea

In a category dominated by legacy giants, Saburi Tea is carving its niche through authentic sourcing, modern retail experience, and an emotional storytelling edge. With Nitin Sethi’s guidance, the brand is expected to deepen its digital presence, expand to tier-2 and tier-3 cities, and build new product lines catering to India’s evolving palate.

As India witnesses a new wave of consumer-led entrepreneurship, Saburi Tea’s journey reflects the transformation of everyday consumption into meaningful experiences — from a cup of chai to a cup of connection.

About Saburi Tea

Founded by Aman and Ketan Khanna, Saburi Tea is an emerging FMCG brand known for its premium blends that bring the finest Indian teas to modern households. With a growing retail and online footprint, Saburi aims to bridge tradition and innovation in every sip. It’s one of the strong root-level brands of North India, aspiring to become a prominent national market leader.

About Nitin Sethi

Nitin Sethi is one of India’s most influential digital leaders with over 25 years of experience across Consumer, travel, and digital ecosystems. Currently contributing as a Venture Builder in the Indian Startup Ecosystem, he has been instrumental in scaling multiple brands and is known for his philosophy, “Design is everything, everything is design.” Nitin also mentors and invests in new-age consumer startups. He is focusing on building the capabilities for the new venture studio FutureAge AI Labs, and this partnership is one of the key strategic handshakes.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Indore (Madhya Pradesh) [India], October 30: Jalpak Foods India Pvt. Ltd., one of India’s fastest-growing food processing companies, has announced the successful closure of its latest funding round led by renowned investor Aditya Kumar Halwasiya, who has acquired a 4% equity stake in the company, along with equity warrants exercisable over 9 months to increase his stake to 9.9 percent post exercise.

This investment marks Mr. Halwasiya’s entry into the food sector, further expanding his diversified portfolio across defense, petrochemicals, consumer goods, and financial services. His participation underscores strong investor confidence in Jalpak’smission to deliver high-quality, affordable, and nutritious food products to Indian consumers. Existing investors: Amit Bhartia, Sanjeev Bikhchandani, Florintree, Prime Securities, and Jayant Sinha, also participated in this funding round.

Building India’s Next-Generation Food Platform

Jalpak Foods has rapidly established itself as a consumer-focused food innovator through its dairy brands WELHO and SABHO. The company recently upgraded its state-of-the-art dairy processing plant in Dewas, Madhya Pradesh, which currently handles 200,000 liters per day and has infrastructure in place to more than double this capacity. The facility is on track to become the largest milk processing unit in the Malwa region, a hub known for premium milk quality.

Jalpak’s growth strategy centers on building an integrated network of advanced food processing plants that serve India’s top retailers and brands. The company aims to expand its value-added dairy portfolio, establish advanced juice manufacturing capabilities, and partner with leading packaging companies to deliver innovative, sustainable, and cost-effective solutions.

Mr. Sunil Sood,  Chairperson, Jalpak Foods, said:

“We are delighted to welcome Aditya Halwasiya to our investor family. With backing from India’s most visionary investors, Jalpak is now fully funded to execute its ambitious growth plans. Aditya’s entrepreneurial vision and multi-sector experience will be invaluable as we scale into one of India’s leading food processing platforms.”

Mr. Aditya Halwasiya added:

“Jalpak is a compelling play on India’s growing appetite for nutritious, affordable foods. The company is perfectly positioned to benefit from strong consumer tailwinds — rising demand for value-added dairy, modern retail expansion, and a national wellness movement. I look forward to supporting Jalpak’s management and investor group in realizing this exciting vision.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

TANAKA PRECIOUS METAL GROUP Co., Ltd.

Switzerland [Europe], October 29: Gannon & Scott, a leading provider of precious metal refining and recovery services in North America, today announced that it has signed a definitive agreement to join Metalor Technologies, one of the most respected names in the global precious metals industry and part of TANAKA. The transaction is expected to close following approval by regulatory authorities, after which Gannon & Scott will become a wholly owned subsidiary of Metalor Technologies, enhancing the capabilities of both organisations and positioning them to better serve their worldwide customer base.

Founded in 1919, Gannon & Scott has earned a strong reputation for secure, environmentally responsible refining solutions across industries, including electronics, aerospace, electroplating, medical devices, and jewelry manufacturing. With facilities in Rhode Island and Arizona, the company is recognised for its proprietary thermal reduction technology and waste minimisation processes — innovations that align seamlessly with Metalor Technologies’ global standards for excellence.

“We are thrilled to become part of an organisation that shares our commitment to innovation, customer success, and sustainable growth,” said Christopher Jones, President of Gannon & Scott. “This partnership allows us to build on our strengths while gaining new resources and opportunities. Together, we are well-positioned to deliver even greater results for our customers, employees, and partners.”

A Stronger Offering for Customers

• As part of Metalor Technologies, Gannon & Scott customers will benefit from:
• Expanded refining capabilities across all precious metals (gold, silver, platinum, palladium, rhodium, iridium, ruthenium) through global sourcing and recycling channels.
• Access to high-purity precious metals, technical products, compounds, and chemicals.
• Advanced technology and analytical services are powered by Metalor Technologies’ international laboratories and R&D network.
• A global refining infrastructure enabling more agile service to international operations.

“Since 1919, Gannon & Scott has consistently grown. Becoming part of Metalor Technologies provides a tremendous opportunity to accelerate that growth,” said Joe Peixoto, CEO of Gannon & Scott. “It opens the door to new capabilities, new markets, and new professional development opportunities for our employees. Our customers can be assured that the high level of service, trust, and security they’ve always relied on will remain unchanged — now strengthened by access to a broader suite of products and services.”

Customers can expect a seamless transition. In particular, Gannon & Scott’s leadership team, skilled workforce, facilities, and day-to-day operations will remain unchanged.

“The acquisition of Gannon & Scott, the most reputable secondary refiner in the United States, represents a strategic step in strengthening Metalor Technologies’ vertical integration,” said Nicolas Carrera, CEO of Metalor Technologies. “By securing direct access to low-grade materials such as electronic waste, we reinforce our commitment to sustainable sourcing and responsible recycling of precious metals, while expanding our ability to serve customers and partners with greater efficiency and environmental responsibility.”

“Joining the forces of Gannon & Scott with our existing refining operations in the United States, which have recently begun refining PGMs, will significantly enhance our ability to serve the American market,” said Dr. Yuxing Shang, President of Metalor Technologies’ Refining Group. “This integration allows us to expand the range of services we can offer to both current and future customers in North America, combining advanced capabilities with the trusted expertise of Gannon & Scott.”

“We warmly welcome the collaboration between Gannon & Scott and Metalor,” said Koichiro (Frank) Tanaka, Group CEO of TANAKA. “Their partnership will create new synergies within TANAKA, further strengthening our shared commitment to sustainable and responsible precious metal refining for customers and industries worldwide.”

About Gannon & Scott

Gannon & Scott provides precious metal refining, thermal processing, and secure materials recovery services to businesses across North America. With operations in Cranston, RI, and Phoenix, AZ, the company serves sectors including electronics, plating, jewelry, aerospace, and certified destruction.

About Metalor Technologies

Founded in 1852, Metalor is a global leader in precious metals refining, advanced materials, and fine chemicals. Headquartered in Switzerland with operations in Europe, Asia, and the Americas, and more than 1,550 employees worldwide, Metalor is recognised for its refining excellence, high-quality products, and long-standing partnerships across banking, luxury goods, electronics, and chemical sectors. The company is part of TANAKA.

About TANAKA

Founded in 1885 and headquartered in Japan, TANAKA offers a broad range of advanced precious metal materials for industrial use, as well as assets and jewelry. As a global precious metals specialist, TANAKA’s group companies worldwide collaborate in procurement, R&D, manufacturing, sales, customer service, and recycling to deliver comprehensive products and services. The group has 5,591 employees, and its consolidated net sales for fiscal year 2024 totalled 846.9 billion yen (approximately 5.96 billion USD).

Press inquiries
TANAKA PRECIOUS METAL GROUP Co., Ltd.
https://www.tanaka.co.jp/support/req/other_contact_e/index.html

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Mumbai (Maharashtra) [India], October 29: Fischer Medical Ventures Limited(FISCHER | 524743 | INE771F01041), one of the leading companies engaged in the business of developing innovative, cost-effective medical imaging, advanced diagnostics and point-of-care diagnostic solutions, has announced its unaudited financial results for Q2 & H1 FY26.

Key Consolidated Financial Highlights

Q2 FY26 Key Financial Highlights

• Total Income of ₹ 88.79 Cr, YoY growth of 122.64%

• EBITDA of ₹ 18.74 Cr, YoY growth of 2,511.72%

• EBITDA Margin of 21.10%, YoY growth of 1,930 BPS

• Net Profit of ₹ 13.96 Cr, YoY growth of 4,659.63%

• Net Profit Margin (%) of 15.72%, YoY growth of 1,499 BPS

• EPS of ₹ 2.15, YoY growth of 4,200.00%

H1 FY26 Key Financial Highlights

• Total Income of ₹ 119.70 Cr, YoY growth of 135.90%

• EBITDA of ₹ 30.46 Cr, YoY growth of 2,274.35%

• EBITDA Margin of 25.45%, YoY growth of 2,292 BPS

• Net Profit of ₹ 18.97 Cr, YoY growth of 1,0664.64%

• Net Profit Margin (%) of 15.85%, YoY growth of 1,550 BPS

• EPS of ₹ 2.87, YoY growth of 9,466.67%

Commenting on the Results, Mr. Ravindran Govindan, Chairman of Fischer Medical Ventures Limited, said: “Q2 was a very strong quarter for Fischer, marking significant improvement across all operational and financial parameters. The steep rise in profitability reflects the scalability of our model, better product realization, and the growing acceptance of Fischer’s technology across India and overseas markets.

India’s MedTech and diagnostic industry is expanding rapidly, driven by government focus on indigenous manufacturing, preventive care, and AI-led healthcare solutions. Fischer is well aligned with these trends, leveraging its expertise in MRI systems, AI diagnostics, and digital health platforms to strengthen its position in this evolving landscape.

With our expanding footprint across Southeast Asia, new product launches, and advanced solutions such as SpinCare® and portable X-ray systems, we are confident of sustaining this growth momentum and creating long-term value for all”

Key Business Highlights

Acquires Strategic Property in Malaysia	• Acquired landmark mixed-use property in Malaysia to develop an Integrated Regional Healthcare Hub • Expand FMV’s presence across Southeast Asia
Public–Private Partnership in Indonesia	• Partnered City of Jember to deploy AI-powered portable X-ray systems • Supports “TB Free Jember by 2026” & TB elimination by 2030 projects valued at USD 10 million (approx.)
Global Innovation Licensing Milestone	• Secures full licensing in Indonesia, eligible to participate in End-TB Handheld X-ray Government Tender
Diagnostic Imaging Expansion in India	• Launched High-Resolution Open MRI at Sunray Scans, Chennai • Installed PICA 0.35T Open MRI at STNM Hospital, Sikkim
AI Innovation Recognition – NYB.AI (JV Partner)	• Won 1st Prize at SuperAI Genesis Global Competition • Recognized for AI-driven drug discovery platform (DTIGN) • Partners include NVIDIA, J&J Innovation, and HPE
Nanomedic – Operational & Regulatory Progress	• Completed Phase 1 MDR/MDD audit; Phase 2 due Oct 2025 • Preparing SpinCare® FDA filing; outcome expected Q4 FY26
SpinCare- Clinical Advancements	• Proven safe and effective in pediatric burns • Stanford trial showed strong tolerability, no adverse events

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi [India], October 29: greytHR, India’s most trusted full-suite HRMS, for hire-to-retire solutions, serving over 30,000 organizations across India, the Middle East, and Southeast Asia, has announced the integration of LinkedIn Limited Listings with its recruitment module, greytHR Recruit.

This milestone, marking one year since greytHR Recruit’s launch, enables recruiters to post jobs directly to LinkedIn from within the platform, expanding candidate reach while eliminating repetitive, manual posting tasks.

“Recruiters spend countless hours duplicating job postings across channels,” said Girish Rowjee, Co-founder and CEO, greytHR. “With this integration, we’ve simplified hiring by allowing users to automatically publish jobs to LinkedIn, the world’s largest professional network at no additional cost. It’s about making recruitment smarter, faster, and more connected.”

The feature not only saves time but ensures consistent job visibility and branding. Recruiters can now publish roles, attract candidates, and track applications — all in one unified workflow.

Adding to this, Sayeed Anjum, Co-founder and CTO, greytHR, said, “Our goal has always been to empower HR teams through intelligent, seamless technology. This integration strengthens greytHR Recruit’s position as a comprehensive ATS, giving customers the tools to manage sourcing and insights effortlessly.”

LinkedIn Limited Listings are free job posts aggregated from Applicant Tracking Systems like greytHR Recruit. Once enabled, jobs appear automatically on a company’s LinkedIn page and in LinkedIn job searches, providing greater visibility to both active and passive candidates.

Commenting on the product evolution and impact, Lokesh Gupta, Vice President – Product Management, greytHR, said: “By combining seamless posting, smart validations, and actionable reporting, we’ve enabled recruiters to save time, increase candidate reach, and make data-driven decisions — ultimately driving faster, more efficient, and higher-quality hiring outcomes for our customers.”

The integration underscores greytHR’s commitment to delivering smarter, automation-driven HR technology that enhances efficiency and competitiveness for businesses of all sizes.

About greytHR: 

greytHR is a full-suite HRMS platform designed to automate and simplify complex, recurring, and critical HR and payroll functions, ensuring compliance and security. With over 50 tools, greytHR offers ‘Hire-to-Retire’ solutions for People Operations, including advanced modules for recruiting, onboarding, engaging, paying, appraising, retaining, and retiring employees. The platform also leverages AI-driven analytics and recommendations to enhance employee engagement throughout the entire employee lifecycle.

Trusted by CFOs and loved by CHROs, greytHR serves businesses of various sizes and is adaptable across industries like manufacturing, SaaS, healthcare, hospitality, education, and retail.

As India’s leading HRMS and payroll provider, greytHR is rapidly expanding in the MEA and SEA regions, offering world-class Made-in-India software solutions to emerging markets. The company proudly serves over 30,000 clients, managing 3 million+ employees across 25+ countries.

At the heart of greytHR’s success is its commitment to its people. Recognized as a Great Place to Work®, the company demonstrates its dedication to building a high-trust, high-performance workplace where employees are valued, empowered, and motivated to do their best work.

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.