Tag: Business

  • Gintaa Launches Logistics SBU to Revolutionize Food E-Commerce Last-Mile Delivery

    Gintaa Launches Logistics SBU to Revolutionize Food E-Commerce Last-Mile Delivery

    New Delhi [India], June 6: Gintaa, a next-generation e-commerce and food delivery platform promoted by the Ascon Group, proudly announces the launch of its own Logistic Strategic Business Unit (SBU)—a key milestone in its journey to transform the customer delivery experience in India.

    The Logistic SBU will begin operations in New Delhi (NCR), Mumbai, and Hyderabad by the end of June 2025, marking Gintaa’s bold step into end-to-end logistics management. This new vertical will focus on streamlining last-mile delivery for e-commerce orders, especially in the food delivery segment.

    Speaking on the occasion, Laxman Jaiswal, Chairman & Managing Director of Ascon Group, stated,

    “The launch of Gintaa’s own Logistic SBU is a game-changer. It will enhance our operational efficiency and delivery speed, giving us a clear competitive edge in the dynamic food delivery market. This is a significant step forward for Gintaa as we continue to evolve into a full-fledged e-commerce powerhouse.”

    The new SBU will leverage AI-driven toolsbio-friendly packaging, and an in-house delivery fleet to offer faster, smarter, and greener service. This strategic move allows Gintaa greater control over delivery standards and customer experience.

    Founded in 2021, Gintaa has positioned itself as more than just a food delivery platform. It offers a unique e-commerce experience where users can buy, sell, and even negotiate—introducing a marketplace driven by personalization, AI, and community interaction.

    Laxman Jaiswal emphasized Gintaa’s long-term vision:

    “While we are a new entrant, our progress has been steady and purposeful. The launch of our Logistic SBU not only reduces our dependence on third-party providers but also signals our readiness to scale sustainably. I congratulate the Gintaa team for achieving this feat in such a short span.”

    Gintaa’s growth strategy hinges on technological innovation and customer delight. The company is committed to building a delivery experience that not only fulfils orders but also fosters brand loyalty and advocacy.

    With India’s e-commerce and food delivery markets growing at unprecedented speed, Gintaa’s initiative places it on a strong trajectory to emerge as a leading digital platform in the country.

    Website: www.gintaa.com

    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.

  • Puran Singh Negi joins Tezar EV as Business Head-Chief Operating Officer(COO) to Lead its Business.

    Puran Singh Negi joins Tezar EV as Business Head-Chief Operating Officer(COO) to Lead its Business.

    New Delhi [India], June 6: In a strategic leadership move, Tezar EV has appointed Puran Singh Negi as EV Business Head. With over 23+ years of automotive experience both Internal Combustion Engine and Electric Vehicle(EV). Mr. Negi brings deep industry insight across electric and traditional ICE vehicle Industry.

    From Left to Right:

    • Mrs. Ashwini Surpur: Managing Director
    • Mr. Vijay Kumara Surpur: Founder & Ceo
    • Mr. Puran Singh Negi: Ev Business Head & Chief Operating Officer

    In his new role, Negi will lead Tezar EV Business complete operations and strategy, supporting Tezar EV to scale-up across India and overseas. His previous leadership at Jindal Mobilitric, Okaya EV and Ampere By Greaves Cotton was instrumental in advancing electric mobility innovations and establishing EV Green Field Projects and his experience spans across top OEMs like Suzuki, Ampere by Greaves Cotton, Okaya and Jindal in 2W segment.

    Vijay Kumar Surpur – Founder & CEO of Tezar EV, called the appointment strategic move as the company prepares to scale and establish its EV Business and strengthen its national and global presence.

    Puran Singh Negi said, I on behalf of Tezar EV promise to all stakeholders holders to change the E2W Landscape by Innovation and One Team Culture where execution speed will recreated the rules of Growth and Scale. Here’s to Building Eco System, where “Human to Human” Values are respected to have inclusive growth together for all stakeholders holders! He emphasizing a commitment to product excellence and operational strength to deliver best EV product experience for End- Consumers. As Tezar EV gearing-up to scale its operations, Negi’s leadership is expected to play pivot role in shaping the next generation of green mobility here in India for the Globe.

    Puran Singh Negi - PNN
    Puran Singh Negi – Tezar EV

    About Tezar EV

    Founded in 2020, Tezar EV as a part of commitment to the Make in India Vision, successfully designed, engineered and developed Electric 2W product entirely In-House.

    Core Components are In-House including Battery Pack, Battery Management System, Vehicle Control Unit, Mid Drive Motor, Charging Gun Connector and Digital Display, reflecting company strong hold on vertical interaction and R&D capabilities. Tezar EV Moat is Safety, which is achieved with in-house developed Vehicle Control Unit(VCU) and Battery Management System which not only ensures proper thermal management, but also enables high-end fault detection accuracy with advanced algorithms and vehicle architecture.

    Tezar has launched recently its first Two Product with 2 Variants each as N1, N1 Pro, T1 And T1 Pro. Key USPs of Product are in-house developed Chain Drive PMSM Motor which delivers peak power of 6 KW with Battery capacity of 3.5 KW and 2.5 KW options with 150 KM of IDC range in a single charge. Mono suspension at rear to ensure comfort on bumpy roads and Bigger Floor board to give enough leg room for all riders with 21 LTR of Boot-space.

    The company already commissioned Manufacturing Facility in Karnataka with Annual Capacity of 60,000 vehicles with Corporate Head office at Bengaluru, Karnataka.

    Visit Us Today!

    Manufacturing Facility

    Sri Vijay E-Vehicles Private Limited 2-16-431/2/1, Mudgal Main Road Lingsugur, Karnataka – 584122

    Corporate Office & Experience Centre Tezar Electric Vehicle Private Limited 1st Floor, Mahaveer Arcade, NH-4

    1754, Tumkur Rd, Opposite Dasarahalli Metro Station

    Vidya Nagar, T.Dasarahalli, Bengaluru, Karnataka – 560058

    Call Us: +91 8880262626

    Website: www.tezarelectric.com

    Email  Us:  support@tezarelectric.com

    Experience the future of electric vehicles—schedule a visit or reach out today!

    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.

  • Nisus Finance Signs MoU with Toyow to Tokenise Up to USD 500 Million in Real Estate Assets via Web3 Platform

    Nisus Finance Signs MoU with Toyow to Tokenise Up to USD 500 Million in Real Estate Assets via Web3 Platform

    Mumbai (Maharashtra) [India], June 6: Nisus Finance Services Co Limited (BSE- NISUS | 544296 | INE0DQN01013) a renowned investment management firm specializing in urban infrastructure and structured finance, has announced that its Dubai-based subsidiary, Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), has entered into a MoU with Xchain Technologies FZCO (operating as Toyow), a blockchain-based forensic and advisory firm, to tokenise real estate funds and assets worth up to US$500 million (AED 1.83 billion). The initiative marks a significant step towards leveraging blockchain and Web3 technologies in real estate investment.

    Under the terms of the MoU, Nisus Finance will conduct a Security Token Offering (STO) of its real estate assets under management (AUM) through Toyow’s global multi-category tokenised Real World Assets (RWA) marketplace. Toyow will provide end-to-end technical and operational support including smart contract development, blockchain integration, regulatory compliance, secure custody solutions, investor onboarding, and KYC/AML verification.

    This development aligns with the UAE’s strategic push towards technological innovation, particularly in the blockchain and digital asset space. The announcement follows the Dubai Land Department’s recent launch of the region’s first tokenised real estate project in collaboration with the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE, and the Dubai Future Foundation (DFF). With projections indicating that tokenised real estate transactions could reach AED 60 billion by 2033—approximately 7% of the total market—Dubai is emerging as a global hub for asset tokenisation.

    The tokenised real estate assets will be listed on Toyow’s platform for both primary issuance and secondary trading. Toyow will also manage liquidity mechanisms, marketing, investor outreach, and awareness campaigns related to the STO. Investors holding Toyow’s native token ($TTN) will be able to invest in the tokenised real estate fund.

    As part of this collaboration, Toyow will deliver an institutional-grade ecosystem that ensures scalability, transparency, and compliance across the UAE, DIFC, and global jurisdictions. The platform allows for the digitisation, fractionalisation, and monetisation of high-value assets across various sectors such as real estate, art, precious metals, and alternative investments.

    According to a report by Deloitte, tokenised private real estate funds are expected to grow to US$1 trillion by 2035 with an 8.5% market penetration rate. Tokenised loans and securitisations could also reach US$2.39 trillion with a penetration rate of 0.55%. The same report projects that up to US$4 trillion of real estate could be tokenised globally by 2035, growing from less than US$0.3 trillion in 2024, at a CAGR of 27%.

    Tokenisation is poised to address longstanding inefficiencies in the real estate sector by offering secure, fractional digital ownership, increasing liquidity, and broadening retail participation. It also facilitates capital generation across the capital stack—including debt, equity, and hybrid instruments—on a single blockchain-based platform.

    The partnership with Nisus Finance is part of Toyow’s growing tokenisation pipeline, which now exceeds US$38 billion in value across asset classes and jurisdictions.

    Commenting on the update, Mr. Amit Goenka, Chairman & Managing Director of Nisus Finance Services Co Limited said: “This MoU will help us develop real estate funds on the Web3 blockchain technology platform, that is set to revolutionise investment in real estate in the future. This would be our first such venture and depending on how the market responds, will usher in a new era in the UAE’s high-growth real estate market. STO on a Web3 platform is secure, transparent and set to drive future real estate investment. Property developers are already introducing cryptocurrency and tokenisation as new channels of payment and raising funds. We are taking it a step forward by creating funds to accelerate the growth of the real estate market.”

    Surajit Chanda, Co-founder, Toyow, says, ““Partnering with Nisus Finance on an STO of this scale underscores the growing maturity of real-world asset tokenization in the region. At Toyow, our mission is to unlock liquidity and access for high-quality assets by offering a secure, compliant, and scalable infrastructure. This collaboration reinforces our belief that institutional-grade tokenization is no longer a concept—it’s here, it’s accelerating, and it’s changing how capital flows into real estate.”

    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.

  • Focus Lighting & Fixtures Reports Total Income of Rs 186 Cr in FY25

    Focus Lighting & Fixtures Reports Total Income of Rs 186 Cr in FY25

    New Delhi [India], June 6: Focus Lighting & Fixtures Limited.(NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, announced its Audited Financial Results for Q4 FY25 and FY25.

    FY25 Consolidated Key Financial Highlights

    Total Income of ₹ 186.19 Cr
    EBITDA of ₹ 29.04 Cr
    EBITDA Margin (%) of 15.59%
    Net Profit of ₹ 15.19 Cr
    Net Profit Margin (%) of 8.16%
    EPS of ₹ 2.28*

    Q4 FY25 Consolidated Key Financial Highlights

    Total Income of ₹ 41.81 Cr
    EBITDA of ₹ 4.16 Cr
    EBITDA Margin (%) of 9.94%
    Net Profit of ₹ 1.18 Cr
    Net Profit Margin (%) of 2.81%
    EPS of ₹ 0.17*

    (*Face Value of ₹2)

    Other Key Highlights:

    Segment-wise Revenue Breakdown:
    Retail Lighting: ₹ 140.44 Cr
    Home Lighting: ₹ 26.88 Cr
    Infrastructure: ₹ 15.65 Cr
    Railways: ₹ 0.36 Cr

    Commenting on the performance, Mr. Amit Sheth, Managing Director of Focus Lighting & Fixtures said, “We concluded FY25 with steady progress across our business segments, our focus on execution, client relationships, and product innovation helped us expand our order book with notable wins from both private and government clients. Securing contracts from reputed infrastructure players and being empanelled by a key state government department has strengthened our positioning in the public sector and large-scale projects.

    Internationally, we deepened our presence in the Middle East through orders via our subsidiary, on the innovation front, our patented retail lighting technology, which enhances energy efficiency and reduces fixture requirements, has gained strong traction with major retail brands. The successful performance of our experience centers and our balanced approach across segments have contributed to revenue visibility and reduced dependency on any single vertical. We remain focused on improving execution, strengthening client engagement, and leveraging technology to drive long-term growth across domestic and international markets.”

    Q4 FY25 Result Highlights of Focus Lighting & Fixtures Limited

    ESOP Approved the grant of 37,500 stock options, convertible into an equal number of equity shares, under the “FLFL ESOP 2019” at an exercise price of ₹12.6 per option.
    Key Order Wins
    • Secured order worth ₹71.61 lakh (excl. GST) from Gandhinagar Municipal Corporation for the supply, installation, testing, and commissioning of lighting and fixture.
    • Bagged a ₹5.72 Cr (excl. GST) order from Reloto Automation Solutions Pvt Ltd for the manufacture, supply, delivery, and installation of lighting and fixtures.
    • Secured a ₹14.59 Cr (excl. GST) order from Reloto Automation Solutions Pvt Ltd for the manufacture, supply, and delivery of lighting and fixtures.

    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.

  • Power & Instrumentation (Gujarat) Secures Third Consecutive Contract for Udaipur Air Terminal Project

    Power & Instrumentation (Gujarat) Secures Third Consecutive Contract for Udaipur Air Terminal Project

    Ahmedabad (Gujarat) [India], June 5: Power & Instrumentation (Gujarat) Limited (PIGL) (NSE: PIGL, BSE: 543912), one of the leading players in the electrical contracting and equipment sector, has announced the receipt of a third significant work order from Nyati Engineering & Construction Private Limited. The contract pertains to the power supply system electrical work at the Udaipur Air Terminal in Rajasthan and is valued at ₹6.25 Cr.

    The scope of work includes design, supply, installation, testing, commissioning, and client handover of the complete power supply system for the terminal. The project is scheduled for completion within six months from the effective date.

    This latest order follows two previous contracts awarded by the same client—one on 5th May 2025 valued at ₹21.41 Cr, and another on 21st May 2025 valued at ₹24.77 Cr. With this third order of ₹6.25 Cr, the total cumulative value of work orders received for the Udaipur Air Terminal project now stands at 52.43 Cr.

    The successive contracts underscore Power & Instrumentation (Gujarat) Limited’s strong execution capabilities and its growing presence in the airport infrastructure domain. The company remains committed to delivering high-quality, time-sensitive, and technically complex projects that meet stringent regulatory and operational requirements.

    Commenting on the update, Mr. Padmaraj Padmnabhan Pillai, Managing Director of Power & Instrumentation (Gujarat) Limited said, “We are honoured to be entrusted once again by Nyati Engineering & Construction Private Limited for the prestigious Udaipur Air Terminal project. Securing the third consecutive work order within a span of just one month is a clear reflection of our team’s technical expertise, consistent execution capabilities, and the confidence our clients place in us.

    The Udaipur Air Terminal is a marquee infrastructure development, and being a part of such a critical and time-sensitive project is both a responsibility and a recognition of our growing stature in the airport infrastructure domain. These back-to-back orders not only strengthen our order book but also reaffirm our strategic direction of building a strong presence in specialized sectors where quality and precision are paramount. We remain committed to delivering excellence and contributing meaningfully to India’s infrastructure growth story.”

    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.

  • Indian Business Excellence Award– 2025 by Corporate Connect

    Indian Business Excellence Award– 2025 by Corporate Connect

    New Delhi [India], June 6: The Corporate Connect Global Magazine, known for supporting and empowering innovative entrepreneurs and aspiring business leaders, is proud to announce the “Indian Business Excellence Award– 2025”. This prestigious recognition honours outstanding individuals and enterprises worldwide, celebrating excellence and accomplishments across diverse industries.

    Corporate Connect always strives to promote and share stories of innovative and passionate entrepreneurs and corporations who are overcoming startup obstacles on their way to success. This award list represents excellence across the entire business landscape. The awards recognise individuals, teams, and organisations that have presented solutions – driving innovation, improving performance and setting new industry standards.

    All the winners of the “Indian Business Excellence Award” are a testament to the power of determination, innovation, and hard work. All these honourees are resolving real-world challenges and shaping the future with technology and purpose. Together, let’s celebrate all people and organisations shaping the future of the business world.

    Wayvida
    Gireesh Neyyar (Founder & CEO )
    Impact Recognition: India’s Most Promising Entrepreneurial Education Platform 2024-25

    WAYVIDA is an AI-Powered Online Teaching and Learning platform that brings B2B and B2C marketers together. Wayvida is redefining the Future of Education with its Smart AI Agents. Powered by advanced AI, Wayvida brings together everything educators need – Automated Course & Test Creation, Seamless Live Classes, Recorded Sessions, Assessments, Community Engagement, Sales and Marketing Tools, and more. Wayvida’s AI agents are crafted to deliver truly personalized Teaching and Learning experiences combining AI and User-Friendly Design, helping educators save time and effort, while maximizing impact.

    CCI Group
    Yash Sharma (Executive Director)
    Impact Recognition: India’s Highly Regarded Integrated Logistics & Supply Chain Solutions Provider 2025

    CCI Group is India’s integrated logistics solutions provider with over 48 years of industry experience. The company serves clients across industries including Oil and Gas, Food and Pharma, Automotive and Engineering, Chemicals, FMCG and Retail, offering end-to-end tailored solutions across the supply chain including Warehousing, Transportation, Customs Clearance & International Freight Forwarding.

    Centre for Hearing®
    C/O Anand Hearing Care
    Anup Singh Anand (Executive Director)
    India’s Most Trusted Hearing Care Specialists – 2025

    Centre for Hearing® is a leading chain of audiology and hearing care clinics in India, dedicated to improving lives through expert diagnosis and personalized treatment. Led by Executive Director Anup Singh Anand, our skilled team offers hearing tests, hearing aid fittings, cochlear implants, and speech therapy. We combine advanced technology with trusted international brands to deliver effective, empathetic care. With decades of experience and a patient-first approach, we help individuals reconnect with the world around them.

    Structure & Highway Engineering Consultants
    Preetibala Rajput (Managing Director)
    Best Engineering Consultancy for Roads & Highways  2025

    Led by Preetibala Rajput, Managing Director of the company, Structure & Highway Engineering Consultants is a leading engineering consultancy firm, specialising in Bridge and Highway. The company offers high-quality services and solutions, establishing itself as a trusted partner for infrastructure projects.

    Magnus Pharma Pvt Ltd
    Sudhir Prakash Maskey (Managing Director)
    Excellence in Pharmaceutical Innovation – 2025

    Nepal’s leading pharmaceutical company, Magnus Pharma Pvt Ltd, is recognised for its high-quality products and services. Since its inception, the company has been focused on adapting to the evolving needs of society and contributing to the overall health and well-being of people across the country and beyond.  Magnus Pharma is committed to meeting the most stringent regulatory norms, and its certification by WHO GMP underscores the company’s commitment to creating a positive impact in society.

    Sarv Webs Private Limited
    Ramesh Choudhary, Founder
    Best AI for Customer Experience 2025

    Sarv.com is a tech pioneer in the field of AI-powered UCaaS communication, revolutionizing how businesses of all sizes can deliver a better customer experience. Under the guidance of its founder, Ramesh Choudhary, Sarv is thriving in providing and managing solutions for government and private bodies. With over 72000 clients, Sarv continues to shape the future of business and customer communication with scalable, secure, & AI-driven solutions.

    Nidhi Perception Pty Ltd
    Ms.Nidhi  (CEO & FOUNDER), Mr. Bhargav (MD & CO- FOUNDER)
    Excellence in Integrating Logic, Emotion & Practical Wellness 2025

    Nidhi Perception Pty Ltd is a visionary company that seamlessly blends logic, emotion, and holistic wellness to redefine early childhood development. Renowned for its innovative and compassionate approach, we specialize in nurturing the potential of Children, Youth and Adults who face unique behavioral and developmental challenges. Our dedicated team crafts personalized strategies, offering expert support and insightful guidance to children, educators, and families alike.

    At Nidhi Perception, we believe in fostering a nurturing environment where everyone who involves with Nidhi Perception in relate to Counselling / Therapies journey  is celebrated, empowering young minds to thrive with confidence, resilience, and joy.

    Inspeks Coating
    SS Ananthkumar (CEO)
    Impact Recognition: India’s Most Trusted NACE / AMPP Certified Coating Inspection Services Provider 2025

    Inspeks Coating is India’s most trusted NACE/AMPP-certified coating inspection services provider. Under CEO  SS Ananthkumar’s guidance, SS Ananthkumar is Certified Inspector & Expertise in this field. The company protects infrastructure, inspects coating applications, and mitigates future risks. At Inspeks Coating, all the inspectors are NACE certified and come up with expert knowledge attained through various training.

    Vanguard Tech Services LLC, OMAN
    Rajasekar V – General Manager
    Impact Recognition: Globally Renowned IT Consulting Firm To Follow 2025

    A widely renowned IT consulting company, Vanguard Tech Services helps businesses navigate the complexities of the digital landscape. Led by General Manager Rajasekar V, the company is committed to delivering innovation and growth to the clients.  It supports organisations across industries, including finance, energy, logistics, healthcare and government with end-to-end solutions.

    SRINIVASA POWER SOLUTION
    Sunil Gupta – Founder
    Excellence in Sports Lighting Design & Implementation – 2025

    Driven by innovation and led by visionary Sunil Gupta, Srinivasa Power Solutions is transforming India’s infrastructure through cutting-edge electrical and civil contracting. From lighting up stadiums to building lasting structures, we deliver excellence that stands the test of time.

    Tagline: “Where Power Meets Precision.”

    Albatross Software Services Pvt. Ltd.
    Sajal Podar – CEO
    Best Software Solutions Provider 2025

    A top software solutions company, Albatross Software Services Pvt. Ltd., is known for its innovation and customised solutions. The company actively delivers notable results and supports businesses to thrive in competitive marketing, supported by a team of experienced professionals and a commitment to quality.

    Essentia Hotels & Resorts (A Unit of Aaverina Hospitality Pvt Ltd)
    Mohammed Parvez  (Co-Founder & CEO)
    The Most Acclaimed Hotel Brand Redefining Hospitality 2025

    The Essentia Hotels & Resorts, an excellent hospitality brand launched by Aaverina Hospitality Pvt Ltd, offers a varied range of hotels and resorts across the country.  Led by Mohammed Parvez, the company strives to provide premium accommodations, exceptional dining, and other personalised service

    IAVERSE
    Shantanu Barai – Director
    The Most Transformative Digital Twin Innovation Award 2025

    A pioneering Digital Twin Service Provider, IAVerse leverages immersive technologies to drive digital transformation across industries. Led by the visionary Shantanu Barai, the company delivers tailored solutions and enables organisations to enhance operational efficiency, deliver immersive learning experiences and create interactive product showcases, driving growth and innovation.

    Watch Your Health
    Ratheesh Nair (Founder & MD)
    Best AI in Healthcare Technology–2025

    Watch Your Health, a pioneering healthcare technology company, harnesses the power of AI to enhance customer experiences while actively promoting better health outcomes. Led by Ratheesh Nair, the company is recognized for its commitment to innovation, delivering advanced AI-driven solutions that personalize care, improve engagement, and elevate the overall journey.

    Bake Cosmetics Pvt. Ltd.
    Drishti Kharbanda & Vaibhav Mahajan  (Co-Founders)
    Global Icon Award for Beauty Innovation—2025

    A renowned beauty brand, Bake Cosmetics delivers exceptional beauty products, earning recognition for its commitment to excellence. Co-founded and led by Drishti Kharbanda and Vaibhav Mahajan, the company strives to empower individuals so they express themselves through beauty. Bake Cosmetics combines science-baked foundations with active ingredients to provide amazing skincare results.

    Navicom Synergies Private Limited
    Srijit Upadhyay (CEO), Pooja Upadhyay (MD)

    Most Promising Enterprise (Aerospace & Defence) 2025

    Navicom Synergies Pvt. Ltd. is a leading tech company in India’s defence and aerospace realm, mostly related to unmanned systems. It is the brainchild of a visionary duo, Srijit Upadhyay and Pooja Upadhyay, focused on transforming the future of navigation and guidance in defence technology.  The company always strives to deliver top-notch technologies at the most competitive market cost.

    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.

  • Warivo Motors Powers Ahead with 6 New Electric Scooters Starting at INR 44,999, Targets Every Indian Commuter

    Warivo Motors Powers Ahead with 6 New Electric Scooters Starting at INR 44,999, Targets Every Indian Commuter

    Gurugram (Haryana) [India], June 6: In a dynamic push toward inclusive and accessible green mobility, Warivo Motors India has launched six new electric scooters under its Nova and Edge series, priced competitively from just ₹44,999. Designed to meet the evolving needs of modern Indian commuters, from metropolitan professionals to rural daily riders, the launch is a bold statement on the future of transportation in India: electric, affordable, and accessible to all.

    The new models, boasting a range of up to 120 kilometres per charge, are now available across Warivo’s nationwide dealership network. With integrated smart connectivity and a three-year comprehensive warranty, the scooters combine technology with reliability, redefining expectations in the entry-level electric vehicle segment.

    Bridging Urban Style and Rural Utility | Warivo Motors

    Warivo’s twin-series strategy is both ambitious and inclusive. With its sophisticated design, enhanced comfort, and app-driven, cutting-edge features that enhance the riding experience, the Nova series is designed for riders who want more than just functionality. Imagine intelligent dashboards, easy-to-use controls, and a streamlined appearance that will draw attention in urban traffic.

    On the other hand, the Edge series is Warivo’s answer to India’s massive demand for robust, reliable, and no-nonsense vehicles. Built for endurance and simplicity, these models are ideal for daily commuting, last-mile deliveries, and rural navigation.

    All six scooters feature lightweight, ergonomic frames that are suitable for various terrains and rider profiles. Warivo has factored in age, gender, geography, and economic diversity, ensuring that the electric revolution doesn’t leave anyone behind.

    Electric Scooters in India: The Time Is Now

    India’s two-wheeler market, long dominated by petrol-driven models, is undergoing a fundamental shift. With rising fuel prices and growing environmental concerns, electric scooters in India are no longer fringe alternatives; they’re becoming mainstream choices.

    Electric mobility should not be a luxury and should be a choice available to everyone,” said Yuvraj Garg, Co-founder of Warivo Motors India. “With this new lineup, we have addressed various price points and use-cases, creating a scooter for everyone, whether they live in metro cities or smaller towns.”

    The ambitious EV policy framework of the Indian government, which promotes sustainable urban mobility and domestic innovation, aligns with this vision. Warivo’s launch comes at an opportune moment, riding the wave of policy momentum and growing consumer interest.

    Retail Expansion to Match the Ambition | Warivo Motors

    Warivo isn’t stopping at product innovation. By the end of this fiscal year, the company plans to open 200 new retail locations throughout India, demonstrating a robust growth strategy that extends beyond urban areas. A dedicated customer support network, improved spare part availability, and enhanced after-sales infrastructure will all contribute to the retail push, ensuring a seamless ownership experience.

    It is a vital differentiator in a market where concerns around EV servicing and support still linger. With a dual focus on urban density and rural reach, Warivo is positioning itself as a pan-India EV brand — one that not only sells products but also builds ecosystems.

    Sustainability Meets Affordability

    What sets Warivo apart is its unyielding focus on affordable electric mobility. While several players in the EV space are pursuing premium segments, Warivo’s sub-₹50,000 starting price is a compelling proposition. It’s a democratised approach to sustainability, ensuring that green choices aren’t just for the rich, but for the everyday Indian.

    And make no mistake, Warivo isn’t compromising on features. With mobile app connectivity, intelligent diagnostics, range analytics, and a rider-friendly UI, these scooters bring smart mobility to budget-conscious consumers without compromising quality.

    As an Indian author and environmentalist once noted, “If we are serious about fighting climate change, we must begin with making clean energy affordable and accessible.” Warivo’s product philosophy reflects exactly that.

    Riding Toward the Future | Warivo Motors

    Warivo’s six new electric scooters aren’t just new models; they’re milestones in India’s journey toward sustainable transport. With strategic segmentation, thoughtful design, and competitive pricing, the company is carving out a distinct niche in the rapidly growing EV market.

    And in a country where two-wheelers are more than just vehicles, they’re lifelines, business tools, and symbols of aspiration. Warivo’s timing couldn’t be better.

    As the buzz grows and dealerships begin to register interest from all quarters, one thing is clear: India’s electric future isn’t coming. It’s already here, and it’s riding on two wheels.

  • UK’s Award-Winning Heavenly Desserts Signs Pan-India Deal with Bhatia Group, Aiming for Rs 150 Cr Vision

    UK’s Award-Winning Heavenly Desserts Signs Pan-India Deal with Bhatia Group, Aiming for Rs 150 Cr Vision

    New Delhi [India], June 5:  Bhatia Group has officially signed UK-based premium café chain Heavenly Desserts, renowned for its artisanal creations and luxurious café experience, to bring the brand to India. Founded in 2008 by Mohammad Imran and Yousif Aslam, Heavenly Desserts was born out of a singular vision to redefine dessert dining through globally inspired flavours served in elegant, immersive settings. With over 60 locations across the UK and successful international launches in Canada, the brand, already the recipient of several global accolades, is now poised for its South Asian debut, backed by a strong Pan-India expansion strategy rooted in innovation, creativity, and customer-centricity.

    “Bringing Heavenly Desserts to India is a defining moment for our brand and a deeply personal milestone for me,” says Yousif Aslam, Managing Director, Heavenly Desserts.

    “India’s rich culinary heritage and deep appreciation for indulgent experiences make it the perfect home for our next chapter. Our vision has always been about crafting timeless experiences that connect people — and seeing that vision expand across borders is incredibly fulfilling.”

    This expansion is being led by Bhatia Group, with a vision of over ₹150 crore+ rollout across India. The roadmap includes 50+ flagship and franchise outlets across 20+ Indian cities, starting with Delhi NCR.

    “We saw something truly special in Heavenly Desserts — a brand that seamlessly blends indulgence with elegance,” said Abhijeet Singh Bhatia, Director, Bhatia Group. “Our vision is to create not just cafés, but landmark destinations that will reshape how India experiences desserts and brunch.”Rawneet Singh Bhatia, Director, Bhatia Group, further added:

    “Heavenly Desserts isn’t just a dessert brand, it’s an evolving canvas of taste, aesthetics, and shared moments. We’re excited to scale it across India thoughtfully, ensuring it remains intimate even as it grows.”

    Following successful international openings in Canada, the brand is now preparing to enter the Indian market,  a major step in its continued global expansion. Their success stems from a focus on innovation, quality, and customer experience. Signature items like the Croffle and Dessert Tapas, along with flexible formats from kiosks to flagship restaurants, and a strategic franchising model, have positioned Heavenly Desserts as a leader in the premium dessert space.

    Heavenly Desserts is more than just a dessert destination; it is a comfort food café brand designed to serve artisanal brunches, beverages, and indulgent desserts, all under one elegant roof. The menu includes pastas, shakshuka, croffles, salads, toasts, and all-day plates, along with handcrafted teas, coffees, gelatos, and mocktails tailored to Indian palates. With vegan, gluten-free, and sugar-light options, the brand appeals to everyone from the health-conscious to food lovers, professionals, couples, families, and digital nomads.

    Its entry into the Indian market marks a significant step in the brand’s ongoing international expansion. With a strategic focus on high-growth regions, the move reflects the company’s ambition to establish itself as a global leader in premium dessert dining.

    The brand’s core USP lies in its luxury dessert experience, combining premium desserts with elegant presentation and a contemporary dining ambience. What sets the brand apart is its ability to elevate traditional desserts through innovation, artistry, and quality. The new locations in India will mirror the same luxurious and contemporary design as the restaurants in the UK. Guests can expect a sophisticated, Instagram-worthy interior, featuring modern décor, plush seating, ambient lighting, and elegant finishes.

    Heavenly Desserts is all about indulgence, innovation, and elegance, and these five signature items perfectly capture the heart of the brand. “I’ll Have What She’s Having” is their iconic waffle that has been on the menu for 17 years, a true classic. The Ruby Chocolate Croffle offers a unique twist with its croissant-waffle hybrid topped with vibrant ruby chocolate. The Rose Cheesecake is light, floral, and beautifully presented, while the Saffron Milk Cake is a rich and fragrant dessert inspired by traditional South Asian flavours. Lastly, the Dessert Tapas presents a delightful selection of mini plates, perfect for sharing and sampling the diverse menu.

    The first flagship outlet is slated to launch in Delhi NCR, with cities like Mumbai, Bengaluru, and Hyderabad under active planning. Each outlet will be strategically located in iconic high-footfall zones, ensuring every launch is impactful and sustainable.

    This move strengthens Heavenly Desserts’ footprint as a globally admired café concept and introduces Indian audiences to a refined, design-forward, multi-sensory dining experience unlike any other.

    This collaboration between Bhatia Group and Heavenly Desserts marks the beginning of a long-term partnership — combining UK café excellence with Indian market insight and execution power.

    For updates and launch details, follow:

    • @heavenlydesserts
    • Instagram.com/HeavenlyDesserts
    •  @imabhijeetbhatia
    • https://www.linkedin.com/in/abhijeetbhatia
    • Instagram.com/ImAbhijeetBhatia

    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.

  • NAMTECH Announces 100 Fully Funded Fellowships for Top Engineering Graduates

    NAMTECH Announces 100 Fully Funded Fellowships for Top Engineering Graduates

    Ahmedabad (Gujarat) [India], June 5: NAMTECH (New Age Makers’ Institute of Technology), an education initiative by ArcelorMittal and Nippon Steel India (AM/NS India), has announced 100 fully funded MET fellowships for graduates from premier engineering institutes across India. As a pioneering global institution dedicated to advancing innovation in Manufacturing, Engineering, and Technology (MET), NAMTECH offers high-end, Industry 4.0-aligned, accelerated one-year master’s programs. These fellowships will cover the entire tuition fee for eligible candidates, enabling talented engineers to access world-class education and career-defining opportunities.

    The fellowships are open to graduates from India’s top engineering institutions, including IITs, NITs, IIITs, IIITDMs, BITS, and other leading colleges. NAMTECH’s one-year International Professional Master’s Programs (iPMP) are designed to provide deep, hands-on experience in real-world environments through advanced micro-factories, industry-grade labs, and digital learning ecosystems. Select students will also benefit from a global immersion opportunity at the Technical University of Munich (TUM), Germany, along with exposure to international academic ecosystems through partnerships with globally ranked QS top 10 universities.

    Arunkumar Pillai, Director General of NAMTECH, said, “NAMTECH is introducing a fellowship program this year for all those who believe that engineers can shape tomorrow’s world. The NAMTECH MET Fellowship is not just a program—it’s a gateway to be a part of the dynamic MET ecosystem.”

    He further added, “With world-class mentors, experiential learning and real-world projects in cutting-edge sustainable living learning labs, the fellowship is designed to transform the engineering students into a conscious technologist. Co-designed with global automation and Manufacturing leaders and academic partners from the QS Top 10, it’s a launchpad—for those who want to learn by doing, and lead by creating.”

    The fellowships apply to four future-facing areas within NAMTECH’s iPMP offerings: Smart Manufacturing & AI, Semiconductor Manufacturing, Advanced Robotic Technology, and Sustainability Engineering & Management. Each program integrates advanced technical training with leadership development, equipping students to take on high-impact roles in industry and research.

    About NAMTECH

    NAMTECH (New Age Makers’ Institute of Technology), an education initiative by ArcelorMittal and Nippon Steel India (AM/NS India), is a pioneering global institution driving innovation in Manufacturing Engineering and Technology (MET). Positioned at the forefront of India’s industrial transformation, NAMTECH offers cutting-edge International Professional Master’s Programs for engineering graduates in fields such as Smart Manufacturing & AI, Semiconductor Manufacturing, Advanced Robotic Technology, and Sustainability Engineering & Management. The institute emphasizes responsible innovation, and the development of conscious technologists—professionals who integrate sustainability, inclusivity, and ethical responsibility into their approach to innovation.

    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.

  • Kaushalya Logistics Delivers 28% Surge in Consolidated Total Income for H2 FY25

    Kaushalya Logistics Delivers 28% Surge in Consolidated Total Income for H2 FY25

    Mumbai (Maharashtra) [India], June 5: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has announced its Audited H2 FY25 Financial Results.

    H2 FY25 Consolidated Key Financial Highlights

    • Total Income of ₹ 76,342.14 Lakh, YoY growth of 28.43%
    • EBITDA of ₹ 1,271.29 Lakh, YoY growth of 12.50%
    • Net Profit of ₹ 571.96 Lakh, YoY growth of 19.29%
    • EPS of ₹ 3.09, YoY growth of 8.04%

    H2 FY25 Consolidated Highlights:

    Segment-wise Revenue Breakdown:

    Trade of Electronic Appliances: ₹72,076.11 Lakh, contributing 95.57% of the revenue, with a YoY growth of 28.35%.

    Logistics & Services Income: ₹ 3,206.14 Lakh, contributing 4.25% of the revenue, with a YoY growth of 23.25%.

    Commenting on this Mr. Uddhav Poddar, Managing Director, Kaushalya Logistics Limited said, “Our performance in H2 FY25, which reflects the strength of our business model and our continued focus on operational excellence. Several strategic developments during the period have supported our positive trajectory.

    Being honoured with the MSME Ratna Award was a proud moment, recognizing our efforts in building a reliable and scalable platform. Successfully executing a 500 km ODC consignment from Pune to Dahej demonstrated our capability in handling complex and large-scale cargo movements with precision.

    The incorporation of our wholly owned subsidiary, Bhumika Logistics and Services Limited, marks a key step in expanding our service offerings. We also crossed a significant milestone by operating over 100 depots and rake points, with a strong presence across key states.

    On the business development front, we added Bondada Engineering Limited as a major client in the Full Truck Load segment, further consolidating our position in the FTL sector. Recently, we secured Shree Cement as a new client and commenced operations at the Bhiwani depot under the CFA model. This strategic addition not only enhances our footprint in North India but is also poised to drive meaningful contributions to our growth in FY26. With this, we now cater to four of the top five cement manufacturers in the country—highlighting our strong and expanding presence in the cement sector.

    With strong growth in India’s e-commerce and real estate sectors, and continued policy support, we are well-positioned for future expansion. We remain focused on scaling our network and creating long-term value.”””   “”””

    H2 FY25 Key Business Highlights                                                                                                                      

    MSME Ratna

    Award 2025

    Honoured with the prestigious MSME Ratna Award, presented by Shri Pankaj Choudhary, Union Minister of State for Finance, to Mr. Uddhav Poddar and Mrs. Bhumika Poddar
    ODC Consignment Successfully executed a 500 km ODC consignment from Pune to Dahej with precision and efficiency, handling a massive cargo measuring 40x20x20
    Incorporated Wholly Owned Subsidiary Incorporated wholly owned subsidiary, Bhumika Logistics and Services Limited, is engaged in the business of providing logistics services.
    Crosses 100 Depots Milestone The company achieved a significant milestone by operating a total of 101 depots and rake heads across multiple states, including 30 each in Kerala and Tamil Nadu, 24 in Bihar, and a strong presence in Haryana, Punjab, Uttar Pradesh, West Bengal, and Maharashtra.
    Added New Client Secured Bondada Engineering Limited as a key client in the Full Truck Load segment, enhancing logistics capabilities and strengthening presence in India’s infrastructure sector.
    CCFA Model Total 14 Depots commenced for Adani Group

    • 11 Depots for ACC (Adani Group)
    • 3 Depots for Ambuja Cement (Adani Group)
    CFA Model Total 10 Depots & Rake Points commenced for Adani Group

    • 4 Depots & Rake Points for ACC (Adani Group)
    • 6 Depots & Rake Points for Ambuja Cement (Adani Group)

    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.