Tag: Business

Srinagar (Jammu & Kashmir) [India], October 6: Sarveshwar Foods Limited (SFL | BSE: 543688 | INE324X01026), one of India’s leading agro and organic FMCG companies, today announced the securing of a significant export order worth ₹ 266 million from Delaware, USA’s Agri Services & Trade LLP, Singapore, through its Wholly Owned Subsidiary Green Point Pte. Ltd, Singapore.

This marks the third significant export order received by the Company for exports over the past two months. The cumulative value of the earlier two export orders stands at ₹960 million, taking the total export order value to ₹1,226 million (INR One Thousand Two Hundred Twenty-Six Million only) within this short span.

These developments reaffirm the Company’s growing global presence and the consistent demand for its high-quality rice and agri-based products in international markets. The execution of these orders is expected to be completed in a phased manner over the next few months and will contribute meaningfully to the Company’s revenue and profitability.

The Company remains committed to further strengthening its export business and delivering long-term value to all stakeholders.

Expanding Global Presence

The new order demonstrates Sarveshwar Foods’ rising strength in overseas markets and reinforces its position as a trusted partner for global buyers. With a heritage of over 130 years and a commitment to quality and sustainability, the Company continues to deepen its international footprint.

Trusted Quality Standards

Sarveshwar Foods’ credibility in global markets is supported by international certifications such as ISO 22000:2018, USFDA, BRC, Kosher, NPPO USA & China, and NOP-USDA Organic. Its diverse product portfolio across branded and organic categories is well accepted by consumers worldwide who value authenticity and responsible sourcing.

Sustained Growth Momentum

This latest achievement follows the recently secured ₹ 266 million international contracts. The Company has a consistent growth trajectory, a strengthened financial base, and a clear focus on becoming a renowned name in the food and FMCG sector

Commenting on the development, Mrs. Seema Rani, Director- International Business, Sarveshwar Foods Limited, said: “We are pleased to announce this export order from USA’s Agri Services & Trade LLP, which further strengthens our international business. The continued confidence of global partners reflects the trust we have built through consistent quality, reliability, and long-term commitment.

As demand for authentic Indian food products grows worldwide, we see this as an opportunity to expand our reach and deepen our presence in key overseas markets. Our focus remains on sustaining this momentum, strengthening relationships with international partners, and driving the continued growth of Sarveshwar Foods as a renowned name in the food and FMCG sector.”

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New Delhi [India], October 6: Tourism Finance Corporation of India Limited (“TFCIL”) is pleased to announce that its Board of Directors, at its meeting held on October 6, 2025, has accorded in-principle approval to enter into an exclusive term sheet with Cosmea Investment Holdco Private Limited (CIHL) for the proposed acquisition of 100% shareholding of Cosmea Investment Private Limited (CIPL), together with its specified wholly owned subsidiaries, step-down subsidiaries, and trusts (“Target Company”).

The transaction will be executed through a dedicated special-purpose vehicle (SPV) or affiliate of TFCIL to be incorporated for this purpose.

The Target Company has established a strong presence across diverse financial services verticals, including:

• Stock Broking & Commodity Trading
• Wealth & Portfolio Management
• Investment Advisory & Distribution Services
• Alternate Investment Funds (AIF)
• Asset Reconstruction and Recovery

Strategic Significance for TFCIL

This proposed acquisition represents a transformational leap in TFCIL’s long-term strategy to evolve into a full-spectrum financial powerhouse. By integrating Cosmea’s ecosystem, TFCIL is positioning itself to capture opportunities across India’s rapidly expanding financial landscape — from lending and wealth management to alternative investments and asset reconstruction.

“TFCIL is entering a new era of scale, strength, and strategic depth,” said a senior company person.

“This acquisition underscores our intent to build a diversified, high-growth financial platform that competes at the top tier of India’s financial-services space. We are not just expanding — we are transforming.”

Next Steps

The proposed transaction is subject to customary due diligence, execution of definitive agreements, and necessary regulatory approvals. TFCIL will continue to make disclosures in accordance with applicable laws as material developments occur.

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Ahmedabad (Gujarat) [India], October 6: Jay Ambe Supermarkets Limited (BSE – 544514), one of the fastest growing organised retail chains in Gujarat, continues to expand its footprint with a mega 9,500 square foot store in the Mansa city, Gujarat, under its brand name ‘City Square Mart’.  Company has recently completed its Rs. 18.45 crore public issue and is listed on the BSE SME Exchange on 17^th September 2025.

Highlights:-

• The new City Square Mart in Mansa is 9,500 sq. ft. and will offer over 20,000 products. The store aims to serve Mansa City and 40+ nearby villages.
• The company received an overwhelming response for its Rs. 18.45 crore IPO, listed on the BSE SME in September 2025.
• The company operates 17 stores across Gujarat
• For FY25, company reported total income of Rs. 47.40 crore with Y-o-Y growth of 41%. Net profit increased 77.4% Y-o-Y to Rs. 2.75 crore in FY25.

Conceptualised as a one-stop haven for the entire family, the store brings together an extraordinary variety under one roof from FMCG, groceries, dairy, and frozen products to apparel, footwear, crockery, household essentials, toys, and handcrafted items. Boasting over 20,000 products and an everyday minimum 6% discount, City Square Mart promises to transform the way residents of Mansa and more than 40 surrounding villages shop, delivering unmatched convenience, value and choice in a single vibrant space.

Mr Jignesh Patel, Managing Director, Jay Ambe Supermarkets Ltd, said, “The store promises to redefine the shopping experience for residents of Mansa and nearby villages. Mansa City holds huge potential, and this store embodies our commitment to offer a wide choice, consistent value and a seamless shopping experience for everyone. Set to open before Diwali, this store is strategically timed to capture the festive season—arguably the largest retail opportunity of the year. It aims to drive sales, amplify brand visibility, and establish a strong footprint in Mansa City and its 40+ neighboring villages in Mansa Taluka, Gujarat. Notably, it will also be the first and largest organised retail store in Mansa City.”

The public issue of the company had received an overwhelming response from the market and was subscribed over 64 times, with the Retail investor segment receiving bids for over 71 times, and the HNI segment received bids for 110 times. Company’ share price is currently trading at Rs. 163 per share, 108% rise to issue price of Rs. 78 per share.

Incorporated in 2020, Jay Ambe Supermarkets Limited is engaged in the business of trading of FMCG material, grocery, Home Textile, Home Décor, Cloths, or Apparels, Toys, Gift Articles, Footwear and other household items, via supermarkets. The company operates retail marts through a franchise model, allowing franchisees to sell products under its brand name in exchange for an initial fee and annual licensing fees. City Square Mart, a brand of Jay Ambe Supermarkets Private Limited, started in August 2018 in Kudasan, Gandhinagar. In six years, it expanded to 17 stores across Gujarat.

For the year ended March 2025, company reported total income of Rs. 47.40 crore, a rise of 41% as compared to the total income of Rs. 33.41 crore reported in FY24. Net Profit of the company for FY25 was Rs. 2.75 crore, 77.4% higher as compared to net profit of Rs. 1.55 crore reported in FY24. As of March 2025 company reported healthy Return on Equity and Return on Capital Employed, which stood at 26.07% and 24.12% respectively.

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New Delhi [India], October 6: Actress and entrepreneur Mouni Roy has been named brand ambassador for Ivana Jewels, a lab-grown diamond jewellery brand. To mark the partnership, Ivana has released its first television commercial with the campaign line “See it. Wear it. Believe it,” focusing on style, confidence, and self-expression.

The film avoids technical claims around lab-grown diamonds and instead highlights aspects like design, individuality, and the personal joy of jewellery. Shot in a behind-the-scenes format, it shows Mouni Roy rejecting scripted lines and urging viewers to “see for yourself,” emphasising Ivana’s design approach.

Ayushi Jindal, co-founder of Ivana Jewels, said: “MouniRoy represents the modern woman who values authenticity and individuality, which are also the values at the heart of Ivana Jewels. With this campaign, we want to focus on what matters to customers: jewellery that feels personal and is easy to wear. Mouni’s journey from television to films reflects the confidence and style our brand stands for, making her the right choice as we expand across India.”

The association is aimed at younger jewellery buyers who prioritise individuality over tradition. With Mouni as the face of the campaign, Ivana hopes to balance glamour with authenticity and connect with both aspirational and everyday consumers.

Ivana Jewels, based in Surat, is expanding its presence across India with a wider product range and more personalised services. The brand is targeting modern consumers adopting lab-grown diamonds as a sustainable, design-driven choice.

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New Delhi [India], October 6: ProBodyLine Fitness is India’s leading provider of imported fitness equipment, representing the country’s growing fitness industry. From day one, ProBodyLine has consistently raised the bar in quality, innovation, and service, helping transform the fitness landscape across India.

Our Legacy

Founded in 1999 by Shri Rajendra Motwani Ji, ProBodyLine Fitness was built on the foundation of passion, innovation, and design. His vision of providing world-class fitness equipment in India gave rise to a brand that has redefined the workout experience for thousands of fitness enthusiasts.

Under his leadership, ProBodyLine became a recognised name, synonymous with quality, durability, and performance. Even today, he continues to inspire the brand, motivating change and innovation to empower every fitness journey.

India’s Biggest Fitness Equipment Showroom

ProBodyLine proudly operates India’s largest fitness equipment showroom, spanning over 40,000+ sq. ft. of display space.

This cutting-edge Experience Center is more than just a showroom—it is a total fitness experience. Gym owners, trainers, and fitness enthusiasts can evaluate, test, and choose from an extensive range of advanced equipment.

With a collection of 2,500+ machines and fitness products, ProBodyLine showcases the largest selection of imported fitness equipment in India.

From state-of-the-art strength-training systems to next-generation cardio equipment, every product is engineered for peak performance, durability, and long-term use.

Powering Gyms Across India

ProBodyLine is the trusted partner of fitness entrepreneurs, large commercial gyms, boutique studios, and high-performance training centers.

With over 22,000+ successful gym installations across India, the brand’s work reflects unmatched expertise, commitment, and focus—fueling fitness growth across the nation.

The Largest Warehousing Infrastructure in India

Behind ProBodyLine’s success lies a robust foundation—India’s largest warehousing infrastructure for fitness equipment.

This enables the brand to stock, ship, and deliver products faster and more reliably than any competitor, ensuring uninterrupted service for gym owners and fitness enthusiasts alike.

What Makes ProBodyLine Different

• India’s Largest Showroom: 40,000+ sq. ft.

• India’s Largest Inventory: 2,500+ unique pieces of equipment

• India’s Largest Network: 22,000+ gym installations

• India’s Largest Warehousing Infrastructure

More Than Equipment — A Complete Partnership

At ProBodyLine, we deliver more than just fitness products—we deliver partnerships.

Supporting gyms, trainers, and fitness enthusiasts is at the core of what we do. Our solutions are built on advanced technology and a complete ecosystem designed for the long-term success of our customers.

With every installation, every piece of equipment, and every partnership, ProBodyLine remains committed to strengthening India’s fitness movement.

ProBodyLine Fitness — India’s Leading and Most Trusted Imported Fitness Equipment Brand Since 1999.

That’s why ProBodyLine continues to be the top choice for gym owners, trainers, and fitness enthusiasts across the nation.

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New Delhi [India], October 6: OPPO India adds to the festive cheer with its new brand campaign, ‘Tum Jagmagao’ featuring Ranbir Kapoor and Jitendra Kumar. The initiative celebrates the honest, unfiltered moments that inspire us from within, because the true glow of Diwali isn’t just in diyas, it’s in connecting with who we are beneath the everyday hustle. Through cinematic storytelling and captivating visuals, the brand film brings alive the magic of festivities, reflecting OPPO’s belief that technology should empower you to live fully, feel deeply, and shine brighter than ever.

Launched across OPPO India’s social channels and select OTT platforms, the film opens with Ranbir Kapoor visiting his childhood home for a hurried festive break with his parents. Misplaced baggage along the way adds to his unease. What begins as a fleeting visit gradually transforms into a journey of reflection, as familiar corners of the house and long-forgotten belongings evoke memories of who he once was. Through these experiences and the friendships that shaped him, Ranbir realises that Diwali’s true happiness comes from finding the inner joy.

In the film, OPPO Reno14 5G Diwali Edition and OPPO F31 Pro+ 5G emerge as the enablers of these special chapters. The Reno14 5G Diwali Edition brings joyous occasions to life, whether it’s a playful shot that draws a friend on the opposite balcony closer with its 3.5x Telephoto Camera, or a candid capture that turns an everyday moment into a memory worth keeping. At the same time, the OPPO F31 Pro+ 5G bridges distances with clear, uninterrupted video calls, powered by its reliable network connectivity and long-lasting battery. Together, the devices seamlessly integrate into the narrative, not as gadgets, but as companions that bring people closer during the festivities.

Watch the exciting video here.

Commenting on the campaign, Sushant Vashistha, Head of Product and Digital Marketing, OPPO India, said, “Tum Jagmagao reflects OPPO’s commitment to empowering people to live fully and shine from within. The campaign embodies the spirit of Diwali as a time to embrace your true self and celebrate the occasions that define us, together with the people who matter most. With the Reno and F31 Series, we present not just devices, but companions that help capture, share, and relive the instances that make life brighter and celebrations truly memorable.”

OPPO recently launched the Reno14 5G Diwali Edition, celebrating the richness of Indian traditions. Inspired by mandala art, peacock designs, and festive details, the smartphone features the industry’s first Heat-Sensitive Colour-Changing Technology for India*. This innovation creates a unique experience that feels just as meaningful as it is magical, symbolising the true spirit of festivities.

Ranbir Kapoor added, “Tum Jagmagao captures the essence of Diwali, the joy of rediscovering yourself in the little moments that truly matter. Having collaborated with OPPO over the years, I have always admired how the brand celebrates authenticity and meaningful experiences, and this campaign brings that spirit alive beautifully.”

Crafted to complement the spirit of the season, OPPO also introduced the F31 Series, comprising F31 Pro+, F31 Pro, and F31. The series brings together durable design, seamless performance, and festive-inspired colours, such as Desert Gold, ensuring every special moment is celebrated in style.

Jitendra Kumar added, “Tum Jagmagao is all about embracing the simple, honest moments that make Diwali special. Being part of this campaign reminded me how the festival is not just about celebrations, but about reconnecting with yourself, and cherishing the people and memories that truly light up our lives.”

*Source: Counterpoint Research

Disclaimer: Based on currently available and actively selling smartphone models in the Indian market as of September 2025.

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Nitesh Chaudhari, Chairman of Greta Group and Rajshekhar Kudupali, Managing Director, Greta Minerals

Singapore, October 10: Greta Minerals Pte Ltd, part of Singapore-based Greta Group, has doubled its exploration footprint in Western Australia to nearly 1,550 sq km, up from about 700 sq km acquired in 2024.

“We are very happy to expand our landholding, encouraged by the results of initial studies of Ultrafine+ soil sampling and analysis in one of our exploration areas, Gecko North. We believe we are in the right geological corridor to explore for lithium, gold, and other critical minerals,” said Nitesh Chaudhari, Chairman of Greta Group. The Gecko North Project, located 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty Ltd. The company holds 37 granted and 5 pending mineral tenements, covering 1,550 sq km of prospective ground in Western Australia.

Gecko North lies within the Kalgoorlie Terrane of the Yilgarn Craton, east of the Ida Fault. This region is renowned for world-class deposits of gold and lithium. The ground also hosts the Silt Dam Monzogranite, part of the fertile Bali Suite monzogranites, which surveys link to both gold and lithium mineralisation.

Greta Minerals adopted the Ultrafine+ soil sampling & assay technique, developed by CSIRO and Labwest Minerals  Analysis Pty Ltd, to detect deeper ore bodies. The method analyses ultrafine clay particles (<2 micrometres), offering higher sensitivity compared to traditional soil sampling.

Using this approach, 1,224 soil samples were collected across Gecko North, identifying:

• Three lithium anomalies, the largest stretching 6.4 km long, average 2.3 km wide, with lithium values peaking at 86.6 ppm Li.
• One caesium anomaly, up to 1.75 km long, 1.3 km wide, peaking at 41.7 ppm Cs.
• Three gold anomalies, including one within the Silt Dam Monzogranite, with peak values up to 50.5 ppb Au from a 900 m long, 400 m wide.

These findings point to a structurally complex but fertile system capable of hosting multiple mineral deposits. As India accelerates its push towards electric mobility and renewable energy storage, lithium demand is expected to soar. Currently, India imports nearly all of its lithium raw material requirements. Greta Minerals believes its projects in Western Australia—one of the world’s most stable and prolific lithium regions—can contribute to bridging this gap.

“Our exploration efforts are aligned with the growing global demand for critical minerals. For India in particular, securing a lithium supply will be key to powering EV adoption and grid-scale batteries. Greta Minerals, with its strong foothold in Western Australia, is well-positioned to be part of that supply chain,” said Rajshekhar Kudupali, Managing Director, Greta Minerals.

The company has also strengthened its team by appointing Derrick Kettelwell as Head of Exploration. It plans to expand its exploration programs and advance towards identifying viable deposits for future development.

With its doubled landholding, early geochemical successes, and focus on critical minerals, Greta Minerals is positioning itself not just as a resource developer in Australia but also as a potential partner in addressing India’s long-term lithium supply security.

Why Lithium Matters for India

India targets 30% electric vehicle adoption by 2030, requiring large-scale lithium-ion battery manufacturing. As per the announced capacities, India would have about 150 GWh Lithium-Ion manufacturing capacity.

Current Lithium & Cobalt associated imports by India is about $3.18 billion (FY2023).

Lithium is classified as a critical mineral under India’s new exploration and resource security framework.

• Energy Security: Lithium is central to renewable storage solutions, key for India’s solar and wind power integration.
• Global Race: Securing long-term lithium supply is vital as countries compete to lock in resources for clean energy transitions

About Greta Group

Greta Minerals PTE Ltd, part of the Greta Group, is headquartered in Singapore. Owned by NRI Mr Nitesh Chaudhari, Greta Group has built a notable presence in various industries, including trading (ferrous and non-ferrous metals), agriculture, mining, and power generation. Greta Minerals aims to explore and develop mineral resource assets, with a strong commitment to innovation, sustainability, and excellence. Greta Group is also setting up an integrated green steel plant in Maharashtra.

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Ahmedabad (Gujarat) [India], October 4: HEC Infra Projects Limited (HEC, The Company), (NSE Code: HECPROJECT), – HEC Infra Projects Limited, one of the leading EPC players specialising in Electrical, Mechanical, and Instrumentation works, is pleased to announce the receipt of two significant work orders, further enhancing its robust order book.

Order 1

• Date: September 23rd, 2025

• Client: M/s BGP Infra Private Limited

• Value: ₹28.75 Cr

• Scope: EPC contract for development of a 66 kV substation at Borosil end, including associated 66 kV underground cable works

• Execution Timeline: 12 months

Order 2

• Date: October 1st, 2025

• Client: M/s J.P. Construction Company

• Value: ₹19.23 Cr

• Scope: Water supply scheme of Village Varli, Pindwara, for providing functional household tap connections under Jal Jeevan Mission – Sirohi (Rajasthan)

• Execution Timeline: 12 months

With these two new orders, HEC Infra Projects Limited has further consolidated its position across diverse EPC segments, spanning both power infrastructure and water supply projects.

The company’s demonstrated expertise in delivering technically advanced assignments, coupled with its commitment to quality, safety, and timely execution, continues to drive confidence among clients. These wins not only strengthen HEC Infra Projects Limited’s order book depth but also reinforce its ability to capitalise on growing opportunities across government and private sector initiatives.

On the receipt of the order, Mr. Gaurang Shah, Managing Director of HEC Infra Projects Limited said, “We are delighted with the continued trust our clients place in us through these new project awards. Each order reinforces confidence in our technical expertise and execution capabilities, while also strengthening our presence across both power and water infrastructure segments.

The Jal Jeevan Mission project, in particular, gives us the opportunity to contribute to a government initiative aimed at ensuring household access to clean drinking water, which makes this achievement especially meaningful.

We remain focused on timely delivery, safety, and quality, and see expanding opportunities in both public and private sector markets. These orders add further strength to our growth momentum and visibility.”

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