Tag: Business

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.

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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)

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Mumbai (Maharashtra) [India], June 5: ROX Hi-Tech Limited (NSE – ROXHITECH), a customer-centric IT solutions provider, has announced its Audited Financial Results for the H2 FY25 and FY25.

Key Financial highlights:
Consolidated Key Financial Highlights – FY25

Total Income: ₹190.14 Cr

EBITDA: ₹ 31.82 Cr

EBITDA Margin: 16.74%

Net Profit: ₹19.93 Cr

Net Profit Margin: 10.48%

Diluted EPS: ₹8.73

Standalone Key Financial Highlights – FY25

Total Income: ₹189.19 Cr | YoY: 7.19%

EBITDA: ₹ 31.21 Cr

EBITDA Margin: 16.49%

Net Profit: ₹19.32 Cr

Net Profit Margin: 10.21%

Diluted EPS: ₹8.46

Standalone Key Financial Highlights – H2 FY25

Total Income: ₹104.39 Cr | YoY: 5.28%

EBITDA: ₹ 10.73 Cr

EBITDA Margin: 10.28%

Net Profit: ₹9.11 Cr

Net Profit Margin: 8.73%

Diluted EPS: ₹3.99

Commenting on the financial performance, Mr. Jim Rakesh Managing Director, ROX Hi Tech Limited said, “ROX Hi-Tech’s focus on strategic growth, innovation, and sustainable value creation continues to drive our forward momentum.

We have significantly strengthened our global footprint with the incorporation of new subsidiaries in Denmark, California, and Mauritius. These strategic expansions enhance our ability to align with regional opportunities in enterprise software, IT consulting, and system integration.

Our execution capabilities were further validated with a ₹40 crore order book in digital transformation projects from enterprise clients. These engagements focus on application, network, and security management—key pillars in today’s digital-first landscape.

A standout achievement this half was our partnership with Indocool Composites Pvt. Ltd. to implement the GROW with SAP program, reinforcing our leadership in enterprise transformation. Additionally, our recent membership in the Confederation of Indian Industry (CII) reflects our commitment to deeper industry collaboration and thought leadership within India’s evolving IT ecosystem.

These milestones not only underscore our strategic direction but also position us to capitalize on emerging opportunities in a rapidly transforming digital world. We remain dedicated to delivering sustainable value, fostering client trust, and accelerating innovation with clarity and precision.”

Highlights for H2 FY25 (October 2024 – March 2025)

Driving Digital Transformation with Indocool Composites	The company has secured a contract to implement GROW with SAP for Indocool Composites Pvt. Ltd., streamlining operations across Finance, Procurement, Sales, and Manufacturing to drive efficiency and scalable growth.
Incorporation of Subsidiary Company-California	To tap into growth opportunities in North America, the company has incorporated ROX HITECH LLC in California. The entity will offer solutions across enterprise software development, IT consulting, and system integration, aligning with the core operations of the parent company.
Incorporation of Subsidiary Company-Denmark	The company has established ROX HITECH ApS in Denmark to strengthen its presence in the European market. The subsidiary will focus on delivering enterprise software development, IT consulting, and system integration services in line with the company’s strategic business objectives.
Incorporation of Subsidiary Company-Mauritius	As part of its international expansion strategy, the company has set up ROX HITECH – Mauritius to serve as an overseas hub. The subsidiary will focus on enterprise software development, IT consulting, and system integration, further extending the company’s global service capabilities.
Membership With the Confederation of Indian Industry	The Company has become a proud member of the Confederation of Indian Industry (CII), marking a significant step in its journey of growth and industry engagement. This membership reinforces the company’s commitment to innovation, collaboration, and contributing to India’s evolving digital economy.
Secures ₹40 Cr Digital Transformation Order from Enterprise Clients	The Company has secured ₹40 Cr worth of digital transformation projects from enterprise clients, covering network, security, and application management. This milestone highlights the company’s growing strength in delivering innovative and scalable IT solutions.

 

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New Delhi [India], June 5: NPAs have been impacting the growth and profitability of India’s banking sector. With more than 80% of SARFAESI cases disputed by borrowers and recovery timelines running into several years, financial institutions have been stuck in an inefficient loop that technology startup ‘Resollect’ hopes to solve.

Manually and branch-dependent processes not only breed inefficiencies in debt recovery but also leave banks vulnerable to huge regulatory risks due to compliance gaps. Over 40% of delayed cases could be processed just through the availability of automated workflows tracking actions and ensuring compliance, a bottleneck costing the industry millions every year.

Abhishek Rao, former consultant with the Boston Consulting Group and distressed investment professional saw the magnitude of this underserved market. Having seen firsthand how NPAs are managed by banks that have little or no technology integration, he seized a huge opportunity to revolutionize the space through automation and data-driven solutions.

“Current workflows in handling NPAs are fundamentally flawed,” says Abhishek, an industry expert who also happens to be the All India Rank 2 holder in the Chartered Accountancy examinations. “Banks rely on Excel spreadsheets and manual procedures for something that ought to be highly automated and compliance-driven. This increases operational costs and also diminishes recovery efficiency.”

Abhishek’s ‘Resollect’ is the ultimate solution but in the approach of debt recovery by institutions. This AI-powered platform creates an integrated ecosystem for banks, legal teams, and recovery agencies, automating complex recovery processes while keeping full regulatory compliance. While current solutions mainly focus on early bucket collections, ‘Resollect’ takes on the much tougher late-stage recovery and secured lending management.

The platform’s approach is indeed holistic, covering all the NPA lifecycle stages-from pre-collection risk assessment to post-write-off recovery plans. AI-driven segmentation and risk ranking allow lenders to detect imminent problem loans well before they become critical. The system’s automated workflow capabilities eliminate many manual tasks, up to 60%, whereas real-time tracking ensures that no case slips through administrative cracks.

What differentiates ‘Resollect’ from other fintechs is its focus on a truly underserved market segment. Existing technology solutions in the financial services space primarily focus on consumer lending or early-stage collections; Abhishek and his team built specialized tools for the nuanced space of secured lending and agency management within post-NPA workflows.

A perfect illustration of this strategic approach is the strategy builder tool within the platform, which enables institutions to craft, implement, and fine-tune recovery strategies using an intuitive drag-and-drop interface. Ready-made templates alongside customizable parts guarantee fulfillment of even the most intricate regulatory demands while keeping the operation effective. The system will automatically generate triggers for specific intervals and standardize processes to perpetually comply with RBI and SARFAESI requirements.

Abhishek’s vision has recently been validated with a pre-seed funding round led by the well-known venture capital firm Antler, along with strategic angel investors such as senior chartered accountant Mr. Sudhir Prabhu and others. This fund will help ‘Resollect’ improve product offerings and broaden service capabilities in the niche NPA management space.

“What truly stood out to us about Resollect was not just the scale of the opportunity, but the sharp clarity of the team’s vision. They’re addressing one of the most intricate and underserved challenges in lending with a highly strategic, tech-powered approach. By seamlessly connecting fragmented players, from NBFCs and recovery agencies to auction participants, Resollect is building the foundation for a more transparent, efficient, and scalable recovery ecosystem. The team’s deep industry expertise and hands-on operational experience give them a unique competitive edge, and we’re confident they are well-positioned to become a key enabler of India’s financial infrastructure,” says Nitin Sharma, Partner at Antler in India.

The impact of such technological intervention is realized not just in operational efficiency but also in recovery outcomes. Industry statistics indicate that a best-recovery process can drive costs down by nearly 30% while bottom-line performance gets boosted by 2% and lending capacity increases by another 8%. In an industry that plays with thousands of crores in distressed assets, these tweaks translate into massive economic benefits.

‘Resollect’ offers a rich functionality for all the pain points experienced with traditional recovery processes. With automated notice generation, there is no room for error in compliance. Structured updates along with order summaries are provided through real-time tracking of cases. Recovery marketplace within the platform connects institutions to verified legal vendors and recovery agents, thereby automating task delegation and performance evaluation.

Such demand will only grow for innovative NPA management solutions as India’s financial sector continues to evolve and the regulatory framework becomes increasingly complex.

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Mumbai (Maharashtra) [India], June 5: Leo Dryfruits & Spices Trading Limited,(BSE: 544329), One of the trusted names in the sourcing, processing, trading, and marketing of premium-quality spices, dry fruits, and grocery products, have announced its Audited Financial Results for H2 FY25 & FY25.

Key Financial Highlights

H2 FY25 (Sequential Growth over H1 FY25)

* Total Income of ₹ 6946.98 Lakhs, Growth of 288.48%

* EBITDA of ₹ 1128.47 Lakhs, Growth of 219.08%

* PAT of ₹ 666.84 Lakhs, Growth of 345.87%

* EPS of ₹ 4.35, HoH growth of 278.26%

FY25 (YoY Growth over FY24) 

* Total Income of ₹ 8735.22 Lakhs, Growth of 40.29%

* EBITDA of ₹ 1482.13 Lakhs, Growth of 33.15%

* PAT of ₹ 816.40 Lakhs, Growth of 21.31%

* EPS of ₹ 5.75, Growth of 8.70%

Commenting on the performance, Mr. Kaushik Shah, Chairman and Managing Director of Leo Dryfruits & Spices Trading Limited said, ” We are delighted to report a robust performance in H2 and the full year of FY25, driven by improved operational efficiency, new orders, and the superior quality of Leo’s spices and dry fruits.

A key highlight was our successful listing on the BSE SME platform—an important milestone that underscores our commitment to transparency, strong governance, and long-term stakeholder value.

Looking ahead, our focus is on scaling operations through our newly formed subsidiary. We are actively engaging with premium hotel chains across India to supply our high-quality spices, dry fruits, and food products—strengthening our brand and opening new growth avenues.

Additionally, our engagement with the Ministry of Defence, Government of India’s Canteen Stores Department, will enable us to broaden our consumer base and enhance our national footprint. With a strong team and quality-first approach, we are confident in delivering sustained growth and value in the coming year.”

Key Operational Highlights

Recognized as Certified Manufacturer-Packer by Ministry of Consumer Affairs	• Official certification received from the Ministry of Consumer Affairs, Food & Public Distribution • Company is now formally recognized as a manufacturer-packer for a diverse range of consumer goods • Reinforces compliance with packaging, labeling, and quality standards in the Indian consumer market
Achieved ISO 9001:2015 Certification for Quality Management	• Certified by: Guardian Independent Certification Ltd • Scope: o Manufacture, Supply, and Export of Spices o Trading of Dry Fruits and Dairy Items • ISO 9001:2015 certification confirms the company’s commitment to maintaining high-quality standards and consistent process control across operations
ISO 22000:2018 Certification for Food Safety Management Secured	• Awarded by: ROHS Certification Private Limited • Acknowledges the company’s compliance with stringent international food safety protocols
Approved the formation of Leo Catering Services Private Limited, a wholly owned subsidiary in India	• Core Focus o Providing comprehensive food catering services, with a focus vegetarian menu o Packaged and loose vegetarian food services o Specialized ice cream catering for events like programs, seminars, cultural and educational functions • Will handle purchase, preservation, and sale of: o Mineral and aerated waters o Non-alcoholic beverages o Confectionery, baked goods, sauces, and related vegetarian food products • Operational Plans: o Set to establish and operate: o Cafes, restaurants, ice cream stores, kiosks, quick service restaurants, and bakeries o Operations will span across India and international markets

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Bhubaneswar (Odisha) [India], June 4:  Summentor Pro, India’s leading business development consulting firm, proudly hosted the 4th Edition of the MSME & Startup Innovation Summit in Vivanta Bhubaneswar, bringing together over 300+ stakeholders including government representatives, entrepreneurs, industry experts, and innovative startups under one roof to celebrate and drive the transformation of India’s MSME ecosystem.

The summit was inaugurated by Dr. Sanjeev Mahapatra, Honorary Secretary of The Utkal Chamber of Commerce and Industry Limited (UCCIL), followed by a keynote address from Dr. Sonti Venkateswarlu, Consultant & Advisor. The event was officially launched by Ms. Nitika Shahi, Founder & Director of Summentor Pro.

Distinguished Speakers and Guests of Honour

The summit witnessed powerful sessions led by:

• Shri. Pratap Chandra Sarangi, Hon’ble Member of Parliament and Former Union Minister of MSME, who spoke on promoting indigenous business opportunities in Balasore.
• Smt. Pravati Parida, Hon’ble Deputy Chief Minister of Odisha, emphasizing Odisha’s vision of becoming a startup and MSME growth engine.

Time2Leap National Awards – Celebrating MSME Excellence

A major highlight of the summit was the #Time2Leap National Awards – MSME & Startup Awards 2025, which recognized pioneers across diverse categories, celebrating innovation, impact, and resilience in India’s small business sector.

Notable awardees included:

Category	Company
Best Defence Startup of the Year	BonV Technology Private Limited
Best Cybersecurity Startup of the Year	QuNu Labs Private Limited
Best Electronics Startup of the Year	Watsoo Express Private Limited
Best Digital Marketing Startup of the Year	Doodlezz India Private Limited
Best Healthcare Startup of the Year	iCaltech Innovations Private Limited
Best HR Tech Startup of the Year	Stepping Cloud Consulting Private Limited
Best Sustainable Technology Startup of the Year	Watsoo Express Private Limited
Best Technology Startup of the Year – Digital Transformation	Prodevans Technologies Private Limited
Best HR Tech Startup of the Year – Talent Development	Frontlyne
Best Fintech Company of the Year	PhonePe
Best Pharmaceutical Company of the Year	Bafna Pharmaceuticals Limited
Best E-Learning Company of the Year	Enthralltech Private Limited
Best Animal Husbandry Company of the Year	Biochem Pharma
Best Innovative Technology Company of the Year	Delostyle Studio Private Limited
Best Cosmetics & Personal Care Company of the Year	Herbage Personal Care Inc
Best Digital Platform of the Year	University Living Accommodation Private Limited
Best Digital Marketing Company of the Year	Quad Digital Services LLP
Best Cybersecurity Company of the Year	Prompt Infotech Private Limited
Best Waste Management Consultant of the Year	A4Con Services Private Limited
Best IT Services Company of the Year	Meta Infotech Limited
Best Financial Services Company of the Year	InvestAscent Wealth Advisors Private Limited
Best Nutraceuticals Company of the Year	Divit Nutraceuticals Private Limited
Best Health and Wellness Company of the Year	Soothe Healthcare
Best Waste Management Company of the Year	Clean India Ventures Private Limited
Best Advanced Technology Consulting Company of the Year	HyScaler – NetTantra Technologies India Private Limited
Best Consultancy Company of the Year – Education	Agarkar Centre of Excellence Private Limited
Best FMCG Company of the Year – Personal Hygiene	Pee Safe (Redcliffe Hygiene Private Limited)
Best Manufacturing Company of the Year – Electrical Components	Axis Electrical Components (I) Private Limited
Best Manufacturing Company of the Year – Vertical Mobility Solutions	Eskay Elevators
Best Healthcare Company of the Year – Pain Management	Ascent Meditech Limited
Best Technology Company of the Year – Deep Tech	Qpiai India Private Limited
Best Engineering Services Company of the Year	Arete Consulting Engineers
Best Sustainable Company of the Year – Fashion	Creatnet Services Limited
Best Technology Company of the Year – Robotics	Novus Hi-Tech Robotic Systemz Private Limited
Best Technology Company of the Year – IoT	Kritilabs Technologies
Best Advertising Company of the Year – Anamorphic Screen	Wallop Advertising Private Limited
Best Fintech Company of the Year – Banking Infrastructure	iServeU Technology Private Limited
Best Entertainment Company of the Year – Experiential Events	E Factor Experiences Limited
Best ERP Company of the Year – Schools	Savyasasy Software Solutions Private Limited
Best Customer Service Company of the Year – Vertical Mobility Solutions	Eskay Elevators
Best IT Services Company of the Year – Logistics	Kale Logistics Solutions
Best Fintech Company of the Year – Wealth Management	Armstrong Capital & Financial Services Private Limited
Best Sustainable Company of the Year – GIS-RS-Survey	Geomaticx Scientific Technology Services Private Limited
Most Trusted Brand of the Year – Communication Consulting	Seven Twenty Ten Network
Most Trusted Brand of the Year – Workforce Management	Bluetree Consultancy Private Limited
Most Trusted Brand of the Year – Edtech	GyanPro Educational Innovation Private Limited
Emerging Company of the Year – Pharmaceuticals	Venkatasai Life Sciences
Emerging Brand of the Year – HR Conslulting	NicheHR Global
Emerging Company of the Year – eMobility	EC Wheels India Private Limited
Emerging Company of the Year – Structural Engineering	AK Dutta And Associates
Emerging Company of the Year – Blockchain	Acviss Technologies Private Limited
Emerging Brand of the Year – Education	Tautmore Learning Private Limited
Emerging Entrepreneur of the Year – Digital Marketing	Mr. Shailendra Tanwar – Doodlezz India Private Limited
Business Leader of the Year – Female – Financial Services	Mrs. Anuja Agrawal – InvestAscent Wealth Advisors Private Limited
Business Leader of the Year – Female – Fashion	Mrs. Garima Bhat – Creatnet Services Limited
Business Leader of the Year – Male – Pharmaceuticals	Mr. Bafna Mahaveer Chand – Bafna Pharmaceuticals Limited
Business Leader of the Year – Male – Cybersecurity	Mr. Venugopal Peruri – Meta Infotech Limited
Business Leader of the Year – Male – Investment	Mr. Karna D Shinde – KDS Global
Lifetime Achievement Award – Service to Farming & Farming Community	Dr. Sonti Venkateswarlu
Lifetime Achievement Award – Medical Research	Dr. Surendra Kumar Verma – Pacific Medical College & Hospital

Full list of winners available at https://shorturl.at/RGzFZ

Innovation Showcase & Panel Dialogues

The summit featured live showcases by leading tech innovators such as Zoho, Tally Solutions, NSquare Experts, 3idea Technology,  QuNu Labs,  Nilkamal Ltd , Nsqaure Experts, Algorisys Technologies Pvt LTD, Relyon Softech Limted , Divine H2O, Webtel Electrosoft LTD, Benepik Technology Pvt Ltd , LexOrbis and Watsoo Express. Attendees explored practical tools for scaling businesses through digital adoption, AI integration, and secure communication systems.

A high-impact panel discussion on “The Global Impact of Indian MSMEs and Startups for a Better Future” engaged experts from OES Export Import Pvt Ltd, OSSIA, UCCIL, and former officials from the Ministry of MSME.

Strategic B2B Meetings & Networking

In a move to enable tangible collaboration, the summit organized 10+ curated B2B meetings between investors, MSMEs, and enablers, fostering new business alliances and market entry discussions.

Looking Forward

“The MSME sector is the backbone of our economy, and this summit marks a vital step in unlocking its full potential,” said Ms. Nitika Shahi, Founder of Summentor Pro. “We are committed to building innovation-led platforms and policy-level bridges that help MSMEs scale, sustain, and lead globally.”

Summentor Pro continues to drive entrepreneurial impact through initiatives, awards, and thought-leadership forums. Entrepreneurs, startups, and ecosystem enablers are invited to join the journey toward building a stronger, more resilient MSME sector.

For media inquiries, speaker opportunities, or partnership collaborations, visit https://msme.summentorpro.com or email info@summentorpro.com

About Summentor Pro

Summentor Pro is a growth accelerator and strategic consulting firm that curates business summits, government partnerships, innovation showcases, and awards programs that empower India’s business ecosystem across multiple sectors.

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Virginia [USA], June 3: Visitor Guard®, a trusted leader in visitor insurance solutions, is stepping up to clarify confusion surrounding travel health insurance requirements and provide tailored plans that address the unique needs of international travelers and students.  Whether traveling for leisure, business, or study, Visitor Guard® offers flexible, reliable insurance options designed to protect travelers from the high costs of U.S. healthcare.

While travel insurance is not a legal requirement for most tourists entering the U.S., it is strongly recommended due to the country’s notoriously expensive healthcare system. One exception is for J-1 visa holders, including international students, who must meet specific U.S. State Department guidelines for insurance coverage.

Whether it is a short-term visit, an extended stay, or travel or education, Visitor Guard® offers US travel insurance plans tailored to meet the specific needs of everyone, providing both coverage and convenience.

“Medical care in the United States can be prohibitively expensive—even a basic emergency room visit, or outpatient procedure can cost thousands of dollars,” said Chiranth Nataraj, founder of Visitor Guard®. “Our mission is to ensure that travelers and students are well-protected and informed about their options before setting foot in the country.”

Plans like Safe Travels USA Comprehensive, Atlas America, Patriot America, Venbrook Premier, and Visit USA are some of the best seller plans for visitors. Meanwhile, international students and J visa scholars can choose plans like Patriot Exchange, Study USA, Student Health Advantage and Student Secure.  

‘Our plans offer comprehensive medical coverage, including emergency medical services, hospitalization, acute onset of pre-existing conditions, urgent care, prescription drugs, emergency medical evacuations, trip interruptions, and more to ensure that visitors are protected from unexpected medical expenses while in the US,’ he adds.

Plans can be tailored by length of stay, budget, and medical needs—making it easy for travelers to get protection without overpaying, ensuring travelers receive a plan that fits their individual needs.

About Visitor Guard®

Visitor Guard® stands out as a trusted provider of visitor insurance because of its commitment to delivering high-quality, reliable coverage. We offer insurance plans that cover a wide range of potential medical emergencies, from routine doctor visits to more serious medical treatments. The company offers round-the-clock customer support to help travelers with any questions or claims, ensuring that assistance is always available when needed.

For more information about the travel insurance plans and to get a personalized quote, visit https://www.visitorguard.com/.

Media Contact:

• Pallavi Sadekar
• Email: contact@visitorguard.com
• Phone: (804) 325-1385

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Haryana [India], June 3: In a groundbreaking alliance bridging spirituality and luxury, Sugandhim Labs, an international leader in fine fragrance innovation, celebrated the grand opening of its flagship Experience Store in Haryana, India. The store showcases a meticulously curated collection of over 100 unique fragrances, along with astrology-based aromatic solutions, pushing boundaries in both wellness and luxury.

Adding a celestial dimension to this moment, Astro Parduman Ji, globally respected astrologer, vastu expert, and spiritual master, was officially unveiled as the Global Brand Ambassador for both Sugandhim Labs and its luxury fragrance brand, World of Perfumers.

A Spiritual-Scented Collaboration

This visionary collaboration launches an exclusive line of attars and fragrance products inspired by ancient astrological wisdom, crafted to bring emotional balance, spiritual resonance, and cosmic connection through scent.

“Fragrance is the bridge between the material and the divine,” said Astro Parduman Ji. “I am honored to represent a brand that aligns spiritual energy with sensory elegance.”

 

About Sugandhim Labs & World of Perfumers

Founded by a trio of global minds, Sugandhim Labs is disrupting the global perfume market with a commitment to accessible luxury, spiritual harmony, and experiential innovation:

• Kushal – Visionary entrepreneur driving innovation across three successful startups.

• Akhil – International brand strategist with over a decade of experience building multinational consumer brands.

• Nikhil – Dubai-based perfume artist and creative force behind over 10 years of fragrance craftsmanship.

Operating under its luxury label World of Perfumers, the company draws from iconic fragrance cultures in France, Dubai, and Switzerland, with the mission of democratizing luxury perfumery.

From timeless classics to contemporary roll-ons and attars, World of Perfumers has created a scent library that merges global sophistication with Indian soul. Its products are now available through a powerful omnichannel presence—e-commerce, offline experience stores, premium distributors, and top international marketplaces.

About Astro Parduman Ji

With a legacy spanning over 49 years, including 15 years of dedicated global practice, Astro Parduman Ji is revered for his transformative guidance across astrology, numerology, vastu, dowsing, and spiritual healing. Having mentored over 27,000 students and consulted individuals worldwide, his appointment signals a deeper integration of spiritual well-being into luxury wellness products.

His partnership with Sugandhim Labs marks a unique global movement—where ancient cosmic energy meets the world of fine fragrance.

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New Delhi [India], June 3: With the purchase of land in Meghalaya to open its very first regional campus in the Northeast, the Indian Institute of Corporate Affairs (IICA), which is a ministry of the Ministry of Corporate Affairs, has made history in an apparent attempt towards regional empowerment and decentralised policy leadership. This move is a sign of the Centre’s attention towards inclusive growth, corporate governance, and socio-economic transformation with an outlay of ₹100.95 crore under the Prime Minister’s Development Initiative for the North-East Region (PM-DevINE).

The new campus in New Shillong Township will be a specialist regional centre, emphasising advanced research, specialised training, and focused policy advisory services in key fields such as competition law, corporate governance, ESG, CSR, and insolvency and bankruptcy. IICA’s strategic growth is not just infrastructural; it is also philosophical, representing a shift from Delhi-centric capacity building to a decentralised, trust-based governance paradigm.

A Strategic Step in National Capacity Building

The ceremonial land transfer, presided over by high-ranking officials from the federal and state governments, represents a more comprehensive concept of cooperative federalism. Ms. Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, and Shri Donald Phillips Wahlang, Chief Secretary, Meghalaya, emphasised how the collaboration is aiding the national agenda, such as Viksit Bharat @ 2047 and Ease of Doing Business.

Higher government functionaries also attended the meeting, including the Joint Secretary of the Ministry of Corporate Affairs, Shri Inderdeep Singh Dhariwal, and the Director General and CEO of IICA, Shri Gyaneshwar Kumar Singh.

Their involvement confirmed the initiative’s strong institutional support. Shri Gyaneshwar Kumar Singh affectionately described the campus as “our first baby outside Delhi, a symbol of decentralisation and empowerment.”

His heartfelt remarks emphasised that this expansion is not just about the physical space; it beautifully symbolises IICA’s commitment to harmonising national development goals with regional aspirations.

IICA Northeast Campus to Catalyse Regional Growth

The IICA Northeast Campus is ideally situated in Shillong’s developing Knowledge City, which is already home to organisations such as NIFT, National Law University Meghalaya, and IIM Shillong. Knowledge sharing and collaborative innovation will be encouraged by this proximity to prestigious academic ecosystems.

Additionally, the new airport in Shillong is expected to enhance connectivity, making it easier for academics, professionals, and policymakers from across India to visit. It is entirely in line with Prime Minister Narendra Modi’s “Transformation by Transportation” infrastructure-led development strategy.

Prime Minister Modi has frequently praised the Northeast’s diversity and potential by referring to it as the “Ashtalakshmi of India.” Accordingly, the Shillong campus hopes to establish itself as a cornerstone institution that produces morally upright leaders and conscientious companies that can support both local and national goals.

Supporting Local Aspirations Through National Platforms

The symbolic and pragmatic importance of this action was emphasised by Ms. Deepti Gaur Mukerjee, Secretary at the Ministry of Corporate Affairs. She said the success of cooperative federalism is demonstrated by the Meghalaya government’s support and proactive approach. By encouraging the shared values of discipline, focus, trust, clarity, and consistency, the campus is well-positioned to spur regional leadership.

Within the current fiscal year, academic and advisory activities are anticipated to commence, and construction is expected to begin immediately. Remarkably, IICA has already had an impact in the Northeast through prior training initiatives that engaged more than 300 professionals. By supporting regional policy frameworks and leadership development programs, the Shillong campus will expand this involvement.

All northeastern states are already represented in IICA’s ongoing initiatives, like the Independent Director Databank, demonstrating the region’s preparedness for further incorporation into national corporate governance frameworks.

IICA to Establish First Regional Campus in Northeast, Advancing Corporate Governance and Development

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— Indian Institute of Corporate Affairs (@IICAOfficial) June 3, 2025

A Long-Term Vision for Ethical, Regional Leadership

The Shillong expansion is intended to act as a long-term institutional anchor and is not a one-time project. Future partnerships with state universities and research organisations will guarantee that policy consultations and training initiatives continue to be sensitive to the unique needs and goals of the area.

Shri Singh reaffirmed, “This is a declaration of our steadfast faith in the future of the Northeast, not just a campus.” The project exemplifies the fundamental principles outlined in the Prime Minister’s development agenda, Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas, a philosophy that equally emphasises cooperation, progress, unity, and trust.

The IICA Northeast Campus is a trailblazing example of decentralised excellence in a time when strong institutions and resilient leadership are essential.

This campus will be essential in developing professionals, forming moral businesspeople, and establishing legislative frameworks that support India’s 2047 vision as the area develops into a new growth engine for New India.

PNN News