Tag: Business

  • Forteasia Realty crowned ‘EMERGING DEVELOPER OF THE YEAR (NON-METRO)’ at Times Realty Conclave 2025

    Forteasia Realty crowned ‘EMERGING DEVELOPER OF THE YEAR (NON-METRO)’ at Times Realty Conclave 2025

    Gurugram (Haryana) [India], May 12: In the dazzling lights of the Times Realty & Infrastructure Conclave 2025 at the Grand Hyatt Gurgaon, a new face emerged to national prominence. Forteasia Realty Pvt. Ltd., a young star on India’s realty horizon, took home the title of ‘Emerging Developer of the Year (Non-Metro)’, an award that celebrates not buildings, but vision.

    The occasion, which was graced by Union Minister Shri Nitin Gadkari, Guest of Honour Randeep Hooda, and industry veterans, turned into a milestone night for a company that is determined to redefine the future of real estate in India’s non-metro cities.

    More Than Bricks and Mortar

    As the glamour of the ceremony swept the room, Forteasia’s pragmatic philosophy stole the show. The firm’s thinking goes well beyond property, it’s about revolutionizing how people live beyond India’s metro centers.

    “At Forteasia, we’ve always felt that quality living shouldn’t be limited to metro cities,” said Mr. Shiv Garg, Director of Forteasia Realty Pvt. Ltd. “This award confirms our belief that the future is in building spaces where families can flourish, with sustainability, community, and innovation embedded in the DNA.”

    Their master plan?

    Communities, not complexes. Sustainability, not buildings. Livelihoods, not living.

    A Shift in Focus: India Beyond Metros

    As India’s growth speeds up, the real estate compass is turning towards Tier 2 and 3 cities, full of promise, but long neglected. Forteasia Realty recognized the potential early on and not only put in capital, but also care. Their developments in Haryana and the surrounding areas have combined world-class amenities with green-friendly design, turning them into oases where families can thrive and futures can be forged.

    The honor, bestowed amidst cutthroat competition, validates Forteasia’s vision and courageous chase of excellence in uncharted markets.

    Honour at the Right Moment

    Hosted by The Times of India, the conclave was an ode to entities defining India’s realty and infrastructure discourse. Forteasia’s accolade reflects a larger trend: a perception that India’s next era of urban development doesn’t belong to its largest cities, but its most ambitious concepts. In a time when property tends to pursue vertical expansion, Forteasia is quietly developing horizontal influence, one community at a time.

  • Cube Federation of India and Mindgamez Announce MIST 2025 Monsoon SpeedCubing Tournament

    Cube Federation of India and Mindgamez Announce MIST 2025 Monsoon SpeedCubing Tournament

    Mumbai (Maharashtra) [India], May 10: The Cube Federation of India (CFI), in collaboration with MindGamez, proudly announces the Monsoon International SpeedCubing Tournament (MIST) 2025, an exciting online competition bringing together Rubik’s Cube enthusiasts from around the world.

    Event Details

    • Main Competition:
      Sunday, 24th August 2025, 9:00 AM – 2:00 PM IST

    • Felicitation Ceremony:
      Sunday, 31st August 2025, 9:00 AM – 11:30 AM IST

    • USA Contestant Round:
      Saturday, 23rd August 2025, 10:00 PM – 11:00 PM IST

    Special Rounds:

    • Tutors Training & Competition:
      Sunday, 17th August 2025, 9:00 AM – 11:30 AM IST

    • Moderators Training & Competition:
      Sunday, 17th August 2025, 11:30 AM – 12:30 PM IST

    • Registration Deadline:
      14th August 2025

    • Official Website:
      https://mist.cfi.in.net

    Tournament Highlights

    As per the Founder and one of the Founding Directors, Sharjeel Mahvy:

    “This first-of-its-kind online speedcubing competition in India has already attracted participants from USA, UK, Australia, UAE, Qatar, Malaysia, Singapore, Indonesia, Luxembourg, Canada, and Netherlands. The two-day event will feature speedcubing experts from across the globe competing in various formats.”

    Competition Categories

    Age-Based Categories:

    • 8 years and below

    • 8–13 years

    • 13–18 years

    • 18 years and above

    Special Categories:

    • Parents Category

    • Tutors Category

    Awards

    • Top 5 Awards
      For various puzzle formats: 3x3x3, 2x2x2, Pyraminx, Skewb, Clock, Square 1, OH_3x3x3, OH_2x2x2, OH_Pyraminx

    • Big Cube Awards
      For participants solving all 4 cubes: 4x4x4, 5x5x5, 6x6x6, Megaminx

    • Excellence Awards
      For participants solving all 4 cubes: 3x3x3, 2x2x2, Pyraminx, Skewb

    • One-Handed Excellence Awards
      For participants solving all 3 cubes: OH_3x3x3, OH_2x2x2, OH_Pyraminx

    Registration Fees

    • Indian Participants:
      ₹800 for the first puzzle, ₹400 for each additional puzzle

    • NRI / International Participants:
      ₹1,600 for the first puzzle, ₹800 for each additional puzzle

    Participation Requirements

    Participants will need:

    • A laptop with webcam (mandatory for screen sharing and video monitoring)

    • Stable internet connection

    • Zoom application installed

    • Required puzzles based on registration

    • Understanding of English language

    About CFI

    The Cube Federation of India has established itself as a premier organization for Rubik’s Cube enthusiasts, hosting four major annual tournaments. CFI’s commitment to transparent judging, seamless organization, and inclusive participation has earned praise from competitors worldwide.

    Testimonials from Previous Participants

    “Very well organized, very easy to understand whole process, whole process went very smooth. Very happy with CFI, looking forward for future competition.”

    “It was my son’s 1st competition, so was full excited and all the team was very well organized… Thanks for the chance to participate.”

    “The website was amazing and transparent and very well designed. The moderators though young were well trained and patient throughout.”

    Registration Information

    To register, visit the official website:
    https://mist.cfi.in.net

    Or contact via WhatsApp:
    https://wa.me/+919969597304

    Join us for this immersive, exciting event that guarantees to awe participants and spectators alike. Connect with fellow cube enthusiasts and build community with people sharing common interests from around the world.

    Limited seats available – secure your spot today!

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  • Sejal Glass Delivers 3x Net Profit Growth in FY25

    Sejal Glass Delivers 3x Net Profit Growth in FY25

    Mumbai (Maharashtra) [India], May 10: Sejal Glass Limited (NSE: SEJALLTD, BSE: 532993), one of the leading architectural glass manufacturers announced Audited Q4 and FY25 Financial Results.

    Q4 FY25 Consolidated Financial Highlights

    Total Income of ₹ 67.90 Cr, YoY growth of 35.19%
    EBITDA of ₹ 9.84 Cr, YoY growth of 68.31%
    EBITDA Margin (%) of 14.49%, YoY growth of 285 BPS
    Net Profit of ₹ 3.78 Cr, YoY growth of 1,080.86%
    Net Profit Margin (%) of 5.57%, YoY growth of 493 BPS
    EPS of ₹ 3.75, YoY growth of 1,109.68%

    Q4 FY25 Standalone Financial Highlights

    Total Income of ₹ 21.86 Cr, YoY growth of 20.99%
    EBITDA of ₹ 6.27 Cr, YoY growth of 227.64%
    EBITDA Margin (%) of 28.69%, YoY growth of 1,809 BPS
    Net Profit of ₹ 4.17 Cr, YoY growth of 3,944.38%
    Net Profit Margin (%) of 19.10%, YoY growth of 1,853 Bps
    EPS of ₹ 4.13, YoY growth of 4,030.00%

    FY25 Consolidated Financial Highlights

    Total Income of ₹ 244.95 Cr, YoY growth of 48.70%
    EBITDA of ₹ 35.34 Cr, YoY growth of 65.85%
    EBITDA Margin (%) of 14.43%, YoY growth of 149 BPS
    Net Profit of ₹ 11.03 Cr, YoY growth of 230.93%
    Net Profit Margin (%) of 4.50%, YoY growth of 248 BPS
    EPS of ₹ 10.85, YoY growth of 231.80%

    FY25 Standalone Financial Highlights

    Total Income of ₹ 70.56 Cr, YoY growth of 15.68%
    EBITDA of ₹ 12.22 Cr, YoY growth of 73.64%
    EBITDA Margin (%) of 17.32%, YoY growth of 578 BPS
    Net Profit of ₹ 4.00 Cr, YoY growth of 688.76%
    Net Profit Margin (%) of 5.67%, YoY growth of 484 BPS
    EPS of ₹ 3.96, YoY growth of 629.00%

    Operational Highlights 

    • In FY25, international revenue contributed 74.13% and domestic revenue 25.87% to the total revenue.
    • International revenue grew by 73.16% compared to FY24

    Commenting on the performance, Mr. Amrut Gada, Promoter of Sejal Glass Limited said, ” FY25 has been an exceptional year for Sejal Glass, marked by a threefold growth in consolidated net profit—an outcome of sound strategy, operational discipline, and a sharp market focus. After coming out of the NCLT process, our focus has been on strengthening operations, expanding our market presence, and regaining the trust of all stakeholders. I’m proud of the progress we’ve made in improving capacity utilization, launching value-added products, and tapping into high-potential international markets, particularly in the Middle East.

    We remain deeply committed to innovation and customer-centricity. Our upcoming bulletproof glass product is just one example of how we’re evolving to meet the demands of tomorrow. With a strong pipeline of projects and recent strategic acquisition of “Glasstech” Business in India by adding two more manufacturing plants in India, I believe we are well on track to achieving our long-term vision of becoming a global force in architectural and high-performance glass industry.”

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  • Indiafly.com – Elevates Group Travel With Customised, Hassle-Free Tour Packages

    Indiafly.com – Elevates Group Travel With Customised, Hassle-Free Tour Packages

    New Delhi [India], May 9: IndiaFly.com, a Micronet Infocom & Logistics Private Ltd unit, focuses on redefining how India travels together by offering a wide range of well-crafted group tour packages for domestic and international destinations.

    With a strong focus on comfort, safety, and personalization, India Fly has emerged as a go-to platform for travelers who seek group travel experiences with their friends and family within an affordable budget.

    Be it families planning a shared vacation, school students wanting to explore new cultures, or senior citizens looking for a relaxed getaway, IndiaFly.com has a tour package for everyone at an affordable price. They also cater to various niche segments, like women-only tours and alumni reunions, which other travel companies don’t. It is because of this reason that travelers choose Indiafly.com over others.

    An official from the company stated, “Our goal is to make group travel safe and tailored for different groups so that they have a memorable experience like they never did before. Everything is sorted under one platform, from carefully planned itineraries to round-the-clock support, so Travellers have easy access to solutions whenever needed.”

    What’s good about Indiafly.com is that they offer diverse group tour packages, covering a broad spectrum of Travellers unlike any other travel company out there. They offer Senior Citizen Group Tours designed with extra care and including relaxed itineraries just so elderlies can have their fair share of fun without getting too exhausted.

    For Women’s Group Tours and School Student Group Tours, Indiafly.com ensures a secure and comfortable environment so women and children can travel safely and enjoy every moment of their journey.

    Family Group Tours bring generations together for shared experiences so everyone in the group can have a good time and not feel bored. Dealers Group Tours are created for business-minded travellers who want to explore international markets and network with peers, all while having leisure time and creating memories.

    Indiafly.com also specializes in Alumni Reunion Tours curated for former classmates to reconnect and relive memories through group experiences designed to spark nostalgia and joy.

    Counted amongst the reputed travel service, Indiafly.com offers group tour packages for both domestic and international destinations, so travellers can have all their travel solutions in one place.

    From the snow-capped peaks of Himachal to the serene backwaters of Kerala, Indiafly.com ensures travellers have a rich experience on their domestic tours. They also curate travel plans for those who want to explore global landmarks in countries like Asia, Europe, and the Middle East on a minimum budget. It is because of these reasons that Indiafly.com has climbed to the top of the travel industry.

    Professionals with experience guide each group tour to ensure travellers receive timely assistance and a seamless experience throughout the journey.

    With the aim of becoming the most trusted name in group travel, Indiafly.com put a great focus on travellers’ experience, safety, and value for money better than any other company. They believe travelling together builds stronger bonds and lifelong memories, so they focus on improving the travel industry.

    For More Info, please visit our website:  https://www.indiafly.com/

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  • Emmadi Silver Jewellery Opens First Karnataka Store with Grand Launch Event in Malleshwaram, Bengaluru

    Emmadi Silver Jewellery Opens First Karnataka Store with Grand Launch Event in Malleshwaram, Bengaluru

    Bengaluru (Karnataka) [India], May 9: Emmadi Silver Jewellery, a leading name in premium silver jewellery, successfully celebrated the grand opening of its first store in Karnataka on 9th May at 11:00 AM in Malleshwaram, Bengaluru. The event was graced by popular actress Ashika Ranganath, who inaugurated the store and captivated attendees with her presence and endorsement of the brand’s timeless designs. Also present at the event was former Dy CM of Karnataka Ashwath Narayan alongside other dignitaries and well wishers.

    The launch marks a significant milestone for Emmadi Silver Jewellery as it expands its footprint beyond Telangana and Andhra Pradesh into Karnataka — a culturally rich market that values tradition and craftsmanship. The new store, located at No. 306, Ground Floor, 2nd Main Road, 16th Cross, Sampige Road, Malleshwaram, introduces Bengaluru customers to Emmadi’s exclusive range of over 75,000 silver jewellery designs crafted by expert goldsmiths and intricately gold-plated to resemble fine gold ornaments.

    Speaking at the event, actress Ashika Ranganath said, “Jewellery connects us to our traditions and tells our stories. Emmadi Silver Jewellery’s designs reflect that timeless beauty, and I’m honored to be part of this new beginning in Bengaluru.”

    The grand opening attracted jewellery enthusiasts, loyal customers, and members of the press, who were introduced to the brand’s unique value proposition — offering luxury-quality silver jewellery at accessible prices, without compromising on heritage or craftsmanship.

    A spokesperson for Emmadi Silver Jewellery shared, “Malleshwaram, with its rich heritage and discerning consumers, was a natural choice for our Bangalore debut. We are humbled by the overwhelming response and excited to continue bringing Emmadi’s legacy of elegance to new markets.”

    Founded four years ago in Hyderabad, Emmadi Silver Jewellery has swiftly gained a strong following with over 150,000 customers globally, including a growing base in the United States. The brand plans to open its next store in Marathahalli within 10 days, followed by launches in Jayanagar and additional locations across Karnataka, with the goal of establishing 10–15 outlets by the end of 2025.

    The store launch highlights Emmadi’s commitment to bringing tradition, quality, and affordability together, offering a new destination for jewellery lovers in Bengaluru.

    For more information, visit: www.emmadisilverjewellery.com

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  • Troika Tech Launches AI Election Marketing for State and Local Polls in India

    Troika Tech Launches AI Election Marketing for State and Local Polls in India

    Mumbai (Maharashtra) [India], May 7: In a groundbreaking move that promises to redefine grassroots political campaigning in India, Troika Tech Services, a leading digital marketing company headquartered in Mumbai, has officially launched its AI Election Marketing and Political Promotions Services. The innovative platform aims to empower candidates contesting in upcoming Municipal, Zilla Parishad, Panchayat, and Gram Panchayat elections with a potent mix of Artificial Intelligence (AI), Data Analytics, Automated Chatbots, and AI-Powered Campaign Websites.

    With more than 13 years of experience in Digital Marketing, Promotions, and AI website development, Troika Tech is now leveraging its expertise to bring about a digital transformation in Indian electioneering—especially at the local governance level where personalized engagement, affordability, and scalability matter most.

    The New Age of Political Campaigning
    Traditionally, local body elections in India have relied heavily on door-to-door canvassing, banners, local meetings, and the use of local influencers. While effective to some degree, these methods often lack scale, transparency, and reach, especially in a country where over 900 million citizens are online and mobile-first.

    Troika Tech’s AI-powered strategy aims to modernize political outreach in villages, towns, and small cities by shifting focus to data-driven digital campaigns. The company will offer a suite of services that can be customized for independent candidates, party nominees, and even political outfits preparing for local governance elections.

     Key Features of Troika Tech’s AI Election Marketing Services

    • AI-Powered Election Campaign Websites by WordPress Developer
    • Hyperlocal Data Analysis & Voter Segmentation
    • Automated Political Chatbots
    •  Messaging for Election Campaigns
    • AI Campaign Manager
    • Digital Manifesto Distribution

    Why It Matters: Empowering Grassroots Democracy
    The significance of the upcoming Municipal, Zilla Parishad, Panchayat, and Gram Panchayat elections cannot be overstated. These local governing bodies form the backbone of India’s democratic machinery, often influencing decisions on public works, healthcare access, education, sanitation, and local law enforcement.

    Yet, many candidates at this level lack access to high-quality marketing and voter engagement tools due to cost constraints or lack of digital expertise. Troika Tech bridges this gap with affordable, scalable, and highly effective election marketing packages.

     Success Metrics: AI in Political Campaigns
    Globally, the influence of AI in elections is already well-documented. From Barack Obama’s groundbreaking use of social media analytics to Narendra Modi’s WhatsApp-powered campaigns, data-backed strategies have shown measurable impact on voter behavior.

    Troika Tech now brings these proven methodologies to the grassroots level with tools tailored for Indian realities.

     Expertise You Can Trust
    Troika Tech has worked with more than 5000 clients across real estate, education, FMCG, and political organizations, providing end-to-end digital strategies. Our firm’s deep understanding of regional languages, local sentiments, and electoral compliance makes it one of the few agencies in India fully equipped to handle political promotions using AI.

     Client Use Case (Beta Project)
    In its pilot campaign during the recent State Elections in Maharashtra, Troika Tech helped an independent candidate achieve:

    • 3x increase in digital reach within 7 days
    • 7,200+ chatbot interactions with local voters
    • 42% increase in youth engagement
    • Over 1,200 volunteers mobilized through automated reminders

     Special Plans for 2025 Elections
    Troika Tech has unveiled customized packages for the following election types:

    • Panchayat Elections (Rural-focused Strategy)
    • Municipal Corporation Elections (Urban & Semi-Urban Strategy)
    • Zilla Parishad & Gram Panchayat (Mixed Digital + Ground Campaigns)
    • Party Campaigns (Multicandidate & Volunteer Management)
    • Independent Candidate Boost Package (Low-cost, High Reach)

     A Call to Action for Political Stakeholders

    “India is witnessing a transformation in voter behavior. Even rural India is consuming information via mobile phones, social media, and YouTube. Our AI Election Marketing Service is not just a tool it’s a mission to modernize the democratic process, help candidates win, and make politics more transparent and accountable.” – Godwin Pinto, Co-Founder, Troika Tech Services

    “India’s local governance deserves the same level of innovation that powers global elections. Our AI-driven approach is built not just to win votes but to build trust, transparency, and a two-way dialogue between candidates and citizens. With Troika Tech’s solutions, we’re not only upgrading campaigns we’re uplifting democracy at the grassroots.”
    – Parvati Matkate, Co-Founder, Troika Tech Services

    “Elections today are won with more than rallies—they are won with insight. With AI chatbots, voter segmentation, and personalised outreach, we’re giving every candidate, no matter how small their constituency, the power of a presidential campaign in their pocket. This is digital empowerment in its truest sense.”
    – Mawin Pinto, Co-Founder, Troika Tech Services

    Contact and Consultation
    Political candidates, party leaders, and campaign managers interested in exploring Troika Tech’s AI Election Services can request a free consultation via:

    – Website: https://troikatechservices.in
    – Email: info@troikatech.net
    – WhatsApp: +91-9821211741

    – Call: +91-9867433544

    Final Word:
    With India’s local elections fast approaching and over 80% of voters consuming political content digitally, it’s no longer optional for candidates to embrace technology it’s a necessity. Troika Tech Services is leading this digital revolution with AI at its core, offering every candidate regardless of party or power a chance to connect with voters more meaningfully, ethically, and intelligently.

    The future of politics is not just at the ballot box it begins with the right data, the right message, and the right technology.

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  • Captain Technocast Consolidated FY25 Total Income grows 43.57 Percent YoY, Net Profit Doubles to INR 8.05 Cr

    Captain Technocast Consolidated FY25 Total Income grows 43.57 Percent YoY, Net Profit Doubles to INR 8.05 Cr

    Rajkot (Gujarat) [India], May 9: Captain Technocast Limited (CTCL | 540652), is one of the leading manufacturers, exporters, and suppliers of precision industrial castings, has announced its Audited Financial Results for H2 FY25 and FY25.

    H2 FY25 Consolidated Financial Highlights

    Total Income of ₹ 51.92 Cr, YoY growth of 47.45%
    EBITDA of ₹ 7.63 Cr, YoY growth of 83.65%
    EBITDA Margin (%) of 14.69%, YoY growth of 290 Bps
    Net Profit of ₹ 4.71 Cr, YoY growth of 94.16%
    Net Profit Margin (%) of 9.08%, YoY growth of 218 Bps
    EPS of ₹ 4.46, YoY growth of 107.44%

    FY25 Consolidated Financial Highlights

    Total Income of ₹ 93.52 Cr, YoY growth of 43.57%
    EBITDA of ₹ 13.07 Cr, YoY growth of 78.67%
    EBITDA Margin (%) of 13.97%, YoY growth of 275 Bps
    Net Profit of ₹ 8.05 Cr, YoY growth of 109.20%
    Net Profit Margin (%) of 8.60%, YoY growth of 270 Bps
    EPS of ₹ 7.72, YoY growth of 126.39%

    H2 FY25 Standalone Financial Highlights

    Total Income of ₹ 45.49 Cr, YoY growth of 35.22%
    EBITDA of ₹ 7.36 Cr, YoY growth of 78.51%
    EBITDA Margin (%) of 16.19%, YoY growth of 393 Bps
    Net Profit of ₹ 4.74 Cr, YoY growth of 118.71%
    Net Profit Margin (%) of 10.42%, YoY growth of 396 Bps
    EPS of ₹ 4.49, YoY growth of 133.85%

    FY25 Standalone Financial Highlights

    Total Income of ₹ 82.83 Cr, YoY growth of 30.32%
    EBITDA of ₹ 12.40 Cr, YoY growth of 70.26%
    EBITDA Margin (%) of 14.97%, YoY growth of 351 Bps
    Net Profit of ₹ 7.68 Cr, YoY growth of 107.41%
    Net Profit Margin (%) of 9.27%, YoY growth of 345 Bps
    EPS of ₹ 7.37, YoY growth of 124.70%
    FY25 Other Key Highlights:

    • Export sales accounted for 40.6% of total standalone revenue, reaching ₹33.10 Cr

    • Domestic sales contributed 59.4% of total standalone revenue, with a ₹48.47 Cr

    • Long-term borrowings reduced from ₹1.34 Cr to ₹0.63 Cr, indicating a 53% decline and improved long-term debt management

    • Short-term borrowings dropped from ₹7.17 Cr to ₹3.84 Cr, reflecting a 46.5% decrease and better working capital efficiency

    Commenting on the financial performance, Mr Anil V. Bhalu, Managing Director of Captain Technocast Limited said, “I am pleased to share that FY25 has been a year of steady progress and strategic evolution for Captain Technocast. We have demonstrated strong performance across key segments, driven by our focus on quality, operational efficiency, and customer-centric innovation.

    Our consolidated revenue grew by 47% YoY in FY25 driven by healthy demand for castings from various segments and also growth in the valves segment. The contribution of export business reached 40% which shows that our casting quality and service is well appreciated by our customers. Our EBITDA margins also expanded on account of strong volume growth and improved contribution from exports.

    We continue to invest in strengthening our capabilities, expanding our product reach across India, and positioning ourselves for future exports. With global trade dynamics shifting and India emerging as a competitive manufacturing hub, we believe Captain Technocast is well-positioned to capitalize on new opportunities, particularly in the valves segment.

    Looking ahead, we remain focused on sustainable growth, innovation, and deeper market penetration. I am confident that the foundation we have laid will support our ambitions for the coming years. I extend my sincere thanks to our dedicated team, customers, partners and shareholders for their unwavering support in this journey.”

    Highlights for H2 FY25 (October 2024 – March 2025)

    Equity Allotment Allotted 14,00,000 equity shares worth ₹8.4 Cr through warrant conversion to non-promoter allottees.
    Strategic Acquisition Acquired a 51.25% stake in Vartis Engineering for ₹1.64 Cr, making it a subsidiary.
    Bonus Issue Approved and allotted 1:1 bonus share, doubling share capital to ₹23.22 Cr.

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  • United Helicharters Buys Airbus Helicopter H125

    United Helicharters Buys Airbus Helicopter H125

    Mumbai (Maharashtra) [India], May 8:  United Helicharters Pvt Ltd (UHPL), a subsidiary of Exhicon Events Media Solutions Ltd, has announced the purchase of a pre-owned Airbus H125 formerly known as Eurocopter AS350 B3 from Savbak Helicopters AB, Sweden, in a transaction completed with full payment on May 7, 2025.

    The deal marks a significant milestone in UHPL’s broader strategy to expand and optimize its aviation asset portfolio. The H125, globally recognized for its superior high-altitude performance and operational reliability, is expected to enhance UHPL’s religious tourism service capabilities while offering a robust return on investment over the medium to long term. “This acquisition aligns with our vision to diversify revenue streams and strengthen our aerial services offering,” said Prakash Nayak, CTO and Director of United Helicharters.

    He added “With growing demand for helicopter services across tourism, emergency response, logistics, and corporate travel, this aircraft will play a crucial role in driving operational versatility and business value.”

    The strategic purchase is viewed as a financially prudent step aimed at supporting religious tourism and corporate travel verticals and enhancing the company’s competitive edge in the aviation services sector.

    M Q Syed, CMD of EXHICON said “At UHPL,  we shall continue to grow in Civil & Defence MRO, Air Logistics, Corporate MICE, Religious Tourism, Training backed by high-performance aviation assets.

    Syed further added “This move reflects our commitment to long-term value creation and operational excellence across our service ecosystem”.

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  • Manifest Brings Instant, Legal Access to $35 Trillion U.S. Property Equity Market for Indian Investors

    Manifest Brings Instant, Legal Access to $35 Trillion U.S. Property Equity Market for Indian Investors

    New Delhi [India], May 8:  Manifest, the first company to successfully bring U.S. private equity real estate on-chain in a scalable and liquid format, today announced Indian investors can now participate in the $35 trillion U.S. home equity market through its innovative $USH tokenized real estate vehicle.

    This breakthrough platform removes traditional barriers such as high entry costs, complex paperwork, and slow processing times—making U.S. real estate more accessible, transparent, and efficient for investors across India.

    Through its innovative $USH tokenized real estate vehicle, Manifest is redefining global real estate investing—enabling Indian individuals and institutions to make legal, compliant, and institutional-grade property investments in the U.S. in under 30 seconds.

    “American real estate is among the most stable and high-performing asset classes in history, and international investor demand is already tens of billions of dollars a year,” said Nathaniel Sokoll-Ward, CEO and Co-Founder of Manifest.

    “But traditional investing has been hamstrung by high transaction costs, operational burdens, and geographic restrictions. By combining the global reach of Bitcoin with the native utility of stablecoins, Manifest is changing the game for real estate investors looking to enter the American property market,” Sokoll-Ward added.

    Previous attempts at real estate tokenization didn’t solve the primary barriers to scaling real estate investment, or make the most exciting opportunities accessible to global investors. The solution is real estate investment that scales like software. As stablecoins scale by tapping into the unlimited supply of US treasuries, Manifest scales by unlocking $35 trillion in US home equity – without operational overhead or legal risk.

    Manifest promises to redefine and win at real estate tokenization with $USH, an on-chain vehicle backed by Home Equity Investments (HEIs). Traditional real estate investments require high capital commitments and long holding periods, but $USH enables seamless, on-chain access to institutional-grade real estate with the liquidity and efficiency of stablecoins.

    About Manifest

    Manifest is a financial vehicle that leverages blockchain technology to create useful institutional-grade financial products. Manifest is the first to successfully bring U.S. real estate onchain, making it investable in under 30 seconds. Manifest unlocks global access to the most lucrative American assets without the friction of traditional investing. Learn more at manifest.finance.

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  • Leo Dryfruits & Spices Secures a Major Supply Contract from the Defence’s Canteen Stores Department

    Leo Dryfruits & Spices Secures a Major Supply Contract from the Defence’s Canteen Stores Department

    Mumbai (Maharashtra) [India], May 8: 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, has received a contract from the Canteen Stores Department (CSD), an enterprise under the Ministry of Defence, Government of India.

    Under the agreement, Leo Dryfruits & Spices will supply a range of spices, ghee, and other food products to CSD outlets. While product rates have been finalized, the exact supply quantities will be determined by individual Purchase Orders issued throughout the contract period.

    Over the first twelve months from the contract’s effective date, Leo Dryfruits & Spices anticipates receiving Purchase Orders totalling approximately ₹ 25 Cr.

    The order reflects the confidence of clients in Leo’s quality and service standards. It is expected to have a positive impact on the company’s business operations, strengthen its market presence, and create additional growth opportunities.

    Commenting on the development, Mr. Kaushik Shah, Chairman and Managing Director of Leo Dryfruits & Spices Trading Limited, said, “Winning the Canteen Stores Department contract is a landmark achievement for Leo Dryfruits & Spices Trading Limited. This partnership not only validates the faith our institutional clients place in us but also underscores our ability to meet the rigorous quality and service benchmarks set by the Ministry of Defence.

    We are confident that this order will drive meaningful improvements in our operational efficiency, amplify our market footprint, and unlock new avenues for sustainable growth. The entire team at Leo is passionately committed to supplying the CSD with authentic, premium-grade ghee and food products that consistently exceed expectations.”

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