Tag: Business

New Delhi [India], April 28: HROne, one of India’s fastest-growing HRMS platforms, today announced the launch of the One AI Suite-a next-generation suite of AI-powered capabilities that allows users to complete HR tasks through simple voice or chat prompts, similar to the experience of using ChatGPT or other generative AI tools.

From leave applications to reimbursement claims, One AI eliminates the need for forms or step-by-step navigation. This launch marks a major milestone in HROne’s product evolution and establishes the company’s leadership in a new category: Execution-First AI – Powered HRMS where software doesn’t assist, it acts.

The Simplest HRMS for the Most Complex Operations—Now Reinvented with AI at the Core 

At the heart of the One AI Suite is the Employee AI Agent—a GPT-style, voice powered task companion that executes tasks instantly. Employees can now close everyday requests such as applying for leave, regularizing attendance, or raising helpdesk tickets and get them done instantly.

Complementing the agent are powerful AI features like the Resume Parser, which auto-fills forms from uploaded resume in seconds; the receipt Parser, which processes and populates reimbursement reports with zero manual effort; and a growing set of features including smart job post generation, profile creation, and more. Each feature eliminates unnecessary steps, reduces manual load, and accelerates outcomes across the employee lifecycle.

“With One AI, we’re eliminating the barriers that complicate HR. One AI strengthens our vision of making HROne the simplest HR software for even the most complex operations. By putting the power of AI into everyday actions, we’re creating a platform that adapts to people—not the other way around.”

HR leaders today striving for balance amid rising attrition, leaner teams, and growing expectations from business leadership to deliver measurable outcomes. At the same time, employees are struggling with outdated systems and expect workplace tools to work like the apps they use every day—instant, intuitive, and effortless.

One AI is built for this exact moment.

It reimagines how people interact with HR-moving from rigid process flows to natural prompts. Employees don’t need to “figure it out”- they simply say what they need, and the task gets done.

This launch is about driving real outcomes. By removing friction from every interaction, One AI enables faster adoption, increases employee engagement, and significantly reduces the manual burden on HR teams and employees. Most importantly, it represents a new standard: a system that adapts to people—not the other way around.

One AI Marks the Shift from Process-Heavy to Prompt-Led Execution

While legacy HRMS platforms still rely on users to do the heavy lifting—navigating interfaces and chasing approvals. In contrast, One AI is built to act. It completes tasks instantly, removing the need for forms, menus, or system training altogether.

“When we started building HROne, our goal was to make HR effortless. For years, we cleaned up workflows, reduced clicks, and automated what we could. But we kept asking ourselves: why should applying for leave still take 5 steps? Why should HR software still need explaining?

With AI Agent, we’ve answered that question as it listens, understands, and acts. One chat or voice prompt—and the task is done. This is a shift in how HR tech works and how it should have always worked. This is for every HR team ready to move from processes to outcomes.”

One AI: A Strategic Leap in HROne’s Growth Story 

This launch positions HROne to deepen its leadership in the HR tech marketplace, while also unlocking new conversations with enterprise buyers seeking future-ready tools. As adoption accelerates, One AI is set to become the default way HR happens—faster, simpler, and without any chaos.

The product roadmap ahead includes a dedicated HR AI Agent, query bot for policy resolution, and exploratory data analytics, all focused on one thing: making HR execution as convenient as conversation.

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New Delhi [India], April 26: In the heart of India’s bustling student capital, Delhi University, a bold new fashion statement is emerging — and it’s being led by a 20-year-old boy from Patna, Bihar. Meet Mahboob Alam, the young visionary who, along with his friend and co-founder Pritpal Singh, is changing the way Gen Z dresses, one tee at a time.

Their venture, DU Wears, isn’t just another apparel line. It’s an exclusive fashion brand designed specifically for Delhi University students, capturing the bold, expressive, and unapologetic traits of Gen Z. From trendy graphic t-shirts, DU Wears is becoming the voice of the campus youth. And yes it’s live now at www.duwears.com

How One Idea Sparked a Movement

The story of DU Wears is the perfect example of how inspiration can strike at the most unexpected moments. It all began when Mahboob and Pritpal attended a workshop at IIT Roorkee. There, amidst all the tech talks and AI discussions, they noticed students confidently flaunting their college merchandise. Sweatshirts and tees that screamed pride and identity.

That visual stuck with them.

On their train ride back to Delhi, an idea started to take shape: Why doesn’t Delhi University, one of India’s most prestigious student hubs, have its own exclusive fashion brand? And more importantly, why not create a Gen Z-centric label that isn’t afraid to break the rules?

What started as a conversation soon turned into a mission.

A Journey Fueled by Hustle, Research, and Viral Content

Launching a fashion brand is no easy feat — especially for college students juggling academics and side hustles. It took over 1.5 months of intense research, from sourcing the perfect high-quality fabric from Ludhiana to negotiating with manufacturers who understood their vision.

“We didn’t want to compromise,” Mahboob recalls. “This wasn’t just about clothes; it was about identity, culture, and the Gen Z attitude.”

During this phase, the duo smartly decided to document their journey. They launched a 7-day social media series called ‘Building a Fashion Brand’, where they shared behind-the-scenes clips — from fabric selection to design trials and their first bulk order. The series unexpectedly blew up, garnering lakhs of views on Instagram.

It proved two things:  

1. There’s a massive appetite for authentic, student-led brands.

2. Gen Z connects with stories, not just products.

Meet Mahboob Alam: The Boy Beyond Business

While DU Wears has been grabbing headlines, Mahboob Alam isn’t new to the limelight. A published author and youth entrepreneur, Mahboob penned the widely acclaimed book ‘Tangled Entangled GenZ’ — a deep dive into the complex, hyperconnected lives of today’s young adults.

In 2024, his work earned him the National Icon Award, recognizing his unique contribution to understanding Gen Z’s mindset in modern India.

When asked about what fuels his creativity and drive, Mahboob credits his schooling years at Radiant International School, Patna. “Our school gave equal importance to extracurricular activities,” he shares. “Whether it was debate, music, or sports  we were encouraged to express ourselves, and that made all the difference.”

His passion? Building brands for Gen Z, by Gen Z. He firmly believes that no one understands this generation better than themselves.

Industry Experts Weigh In*

We reached out to Delhi University professor from Commerce Faculty, a mentor to several young students on campus, to get her take on the DU Wears phenomenon.

“It’s refreshing to see commerce students translating theory into action,” she says. “Startups like DU Wears give students real-world experience in brand building, financial management, and digital marketing. More than just a fashion label, it’s a movement that builds stage for other to do and learn but also keeping the studies in mind and not comprising on grades.

Professor adds,  “If they stay consistent and continue evolving with market trends, DU Wears has the potential to scale up beyond DU, perhaps even turn into a national youth fashion brand.”

What’s Next for DU Wears?

While the brand currently offers exclusive, limited-edition drops for DU students, Mahboob and Pritpal have bigger plans. They’re eyeing expansions into other universities, collaborations with influencers, and launching merch for upcoming college fests across Delhi NCR.

Their vision is simple yet powerful: Make DU Wears the fashion voice of India’s college students.

Why This Story Matters

In a world saturated with mass-market brands, DU Wears stands out for its authenticity, purpose, and grassroots energy. It’s not backed by celebrity endorsements or giant marketing budgets. Instead, it’s driven by two young dreamers who dared to challenge the status quo.

And if their story proves anything, it’s that your next big idea could be sitting in your college cafeteria or a late-night hostel conversation. All it takes is the courage to chase it.

Check out DU Wears today at

Follow their journey on Instagram du_wears

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Kolkata (West Bengal) [India], April 26: Mr. Madan Mohan Mohanka, Chairman of TEGA Industries, was conferred the Lifetime Achievement Award at the prestigious CMA Management Excellence Awards 2025 in association with The Telegraph.

In recognition of his visionary leadership, transformative contributions to the Indian manufacturing sector, and his lifelong commitment to excellence in management, Mr Madan Mohan Mohanka was honoured with this award.

The Lifetime Achievement Award was presented to Mr. Madan Mohanka by Mr Indranil Banerjee, Vice President, Calcutta Management Association & Mr Sidhartha Roy, former President, Calcutta Management Association and CEO of Response India.

Organized annually by the Calcutta Management Association (CMA)—an affiliate of the All India Management Association (AIMA)—the CMA Management Excellence Awards celebrate exemplary contributions in the field of management across various categories including Business Leadership, Corporate Leadership, Innovation Excellence, Emerging Leader, Public Service, and Lifetime Achievement.

Speaking at the event, CMA dignitaries highlighted Mr. Mohanka’s pivotal role in building TEGA into a world leader in specialized industrial products, with a presence in over 70 countries. His journey as the founder and chairman of TEGA Industries is an inspiring story of entrepreneurial foresight, global expansion, and a values-driven business ethos.

In his speech to the audience, Mr Mohanka emphasized that The Calcutta Management Association (CMA) has a unique opportunity to drive real change by focusing more actively on empowering women through management education and inclusive workplace practices.

He said : “  While CMA’s work with corporate managers is commendable, it’s equally important to reach young women—especially those in high school and early college—who have little exposure to the world of management. Introducing them to leadership concepts through relatable stories and films can spark early interest and confidence. At the same time, true inclusion goes beyond employment. With caregiving still disproportionately falling on women, workplaces must offer support systems like professionally-run childcare facilities for children aged 1 to 12. This ensures women can grow professionally without compromising family responsibilities. Studies show that when women are part of the decision-making process, outcomes improve—thanks to their collaborative approach, long-term thinking, and emotional intelligence. Gender diversity, then, isn’t just about fairness; it’s about smarter, more effective leadership. CMA can champion this change—helping women become not just managers, but transformative leaders.”

Mr. Mohanka’s early education began in a ‘pathshala’ with a tin shed and a mud floor with just  two teachers. Through his hard work and grit, he gained a degree in  Civil Engineering from Birla Institute of Technology, Mesra and is from the 1967 MBA batch from Indian Institute of Management Ahmedabad. IIM A also conferred upon him the Distinguished Alumnus Award on the occasion of the Golden Jubilee Celebrations of the Institute.

His contribution to Management education has been beneficial to students across generations. Mr Mohanka has shared 15 case studies for teaching at IIM Ahmedabad and it is of great pride to note that 7 have been accepted by Harvard Business School. He has also been instrumental in establishing a Case Centre in IIM Ahmedabad for promoting management writing , research and teaching methodologies.

In 2023, A biography on Mr Mohanka’s life ‘I Did What I Had To Do’ by Anjana Dutt was released by Shri Narayana Murthy and Mr Mohanka has also authored a book on his mentor Professor Extraordinaire on his guru and teacher Prof V L Mote, a venerable acamadecian at IIM Ahmedabad.

Mr. Mohanka expressed his heartfelt gratitude to CMA for the honour, dedicating the recognition to his team at TEGA, his mentors, and his family. He spoke about the evolving role of leadership in today’s dynamic business environment and emphasized the importance of innovation, resilience, and values in building institutions that last.

The evening brought together leading names from industry, academia, and the management fraternity, reinforcing CMA’s commitment to fostering excellence and thought leadership in management practices across the region.

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RIL Dividend 2025: Reliance Industries Limited (RIL) has formally proposed a dividend of ₹5.50 per share for the fiscal period FY2024–25, showcasing its unwavering commitment to enhancing shareholder value. Furthermore, the corporation has announced plans to raise up to ₹25,000 crore through non-convertible debentures, indicative of its strategic financial flexibility.

The Reliance Industries dividend, which requires shareholders’ approval, is set to be distributed after the upcoming Annual General Meeting.

RIL’s board has graciously approved the issuance of debentures, aiming to strengthen its balance sheet and support sustainable business expansion. This thoughtful move reflects the company’s ongoing commitment to disciplined capital management and a long-term vision for growth.

Reliance Industries Limited reported a commendable performance for the fourth quarter, with a net profit (pre-minority interests) reflecting an increase of 6.4% year-on-year, driven by its digital and retail sectors. The net profit attributable to the shareholders rose by 2.4% to ₹19,407 crore, surpassing market expectations of ₹18,820 crore. Despite a lacklustre performance in the energy sector, the substantial contributions from Jio and Reliance Retail reaffirmed the group’s diversified resilience.

This dividend announcement highlights how RIL is committed to its strategy, ensuring clear financial stewardship, and demonstrates confidence in its growth journey. The planned fundraising through debentures reflects the group’s dedication to maintaining consistency and transparency in its capital planning—truly an aspect of its operational excellence!

#Reliance | Reliance Industries Limited has named Anant M. Ambani, youngest son of Chairman Mukesh Ambani, as a whole time Director for a five-year term starting 1st May, 2025@KaveriGupta3 | #AnantAmbani #MukeshAmbani #RelianceIndustries pic.twitter.com/g1P9g2r02Y

— News18 (@CNNnews18) April 26, 2025

Investors and market observers await further information regarding the Annual General Meeting (AGM) and the timeline for the dividend, which will be communicated in due course.

As the highest-valued company in India continues to expand in key sectors, this news reinforces its commitment to shareholder returns, trust, and long-term alignment with the country’s growth.

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New Delhi [India], April 24: Cisco, in partnership with Nasscom Foundation, felicitated ten winning student-led start-ups from the 7th cohort of its CSR initiative, thingQbator, at the Neovation 2025 event. Chosen from over 1,367 submissions through a rigorous shortlisting process, these promising teams have turned their innovative ideas into working prototypes and scalable ventures. The event also brought together a distinguished panel of corporates, thought leaders, academia, and industry experts to felicitate innovations aimed at addressing critical societal challenges in areas like healthcare, waste management, transportation, household IoT, and public infrastructure.

• An initiative designed to spark innovation and cultivate an entrepreneurial mindset among students through relevant technologies
• The program, now in its 7th cohort, had a participation of 3734 young students, with the top 10 teams receiving INR 5 lakh each in seed funding at the felicitation event

Designed to empower young innovators, thingQbator provides a platform where college students across the country, especially in tier 2 and tier 3 cities are mentored to turn their ideas into prototypes and viable businesses. This virtual maker space program, held at various partner universities, offers students hands-on experience with digital technologies. It enables them to transform their ideas into working prototypes and devise localized solutions to community problems.

A total of 3,734 students participated in cohort 7 across India, showcasing a strong spirit of innovation. All 1,367 ideas progressed to the ideation stage, reflecting the creative depth across campuses. From these, 125 teams comprising 343 students advanced to the prototyping stage, receiving dedicated mentorship. With 1,233 mentoring hours delivered, students refined their ideas into impactful, tech-driven solutions addressing real-world challenges.

Harish Krishnan, Managing Director and Chief Policy Officer, Cisco India and SAARC, said, “India’s innovation landscape is at an inflexion point, driven by the convergence of technology and purpose. The future of social innovation here holds immense promise—and at Cisco, our purpose of powering an inclusive future for all is deeply aligned with this vision.. We take immense pride in supporting this transformation through initiatives like thingQbator, which provides students with the tools, mentorship, and platform to turn bold ideas into scalable solutions. Through programs like this, we aim to nurture ideas by empowering young innovators. I am very proud of the innovations showcased by the winning teams today and extremely excited at the prospect of their success as they step forward to solve real-world problems using technology and purpose.”

Jyoti Sharma, CEO, Nasscom Foundation, commented, “India is witnessing a remarkable surge in innovation, driven by the passion and creativity of the young minds. Through our continued partnership with Cisco, initiatives like thingQbator are not just nurturing ideas but shaping future entrepreneurs who are committed to building impactful solutions for real-world challenges. It is truly inspiring to see how student-led innovations are translating into scalable ventures, reinforcing the belief that with the right guidance and opportunities, our youth can lead the charge in shaping a better, more inclusive future.”

The top 10 teams with the best solutions felicitated at the Neovation 2025 include:

• Ad Aqua (Surendranath College, Kolkata): Aimed at making water accessible for all by integrating advertisements on packaging while addressing SDGs like Clean Water and Sanitation (SDG 6) and Responsible Consumption (SDG 12).
• Riverant (Amrita Vishwa Vidyapeetam, Coimbatore): Focused on cleaning polluted rivers using IoT-integrated robotics, aligning with SDGs like Climate Action (SDG 13) and Life Below Water (SDG 14).
• FindFake (Vivekanand Education Society’s Institute of Technology, Mumbai): Developed a deepfake detection platform to combat misinformation, supporting SDGs like Peace and Justice (SDG 16).
• Demcare (JNU, Delhi): Created a dementia-tracking device to improve healthcare outcomes, addressing Good Health and Well-being (SDG 3).
• IntelliFlow Vital Tracker (REVA University, Bangalore): Designed a real-time patient monitoring system to enhance healthcare delivery in resource-constrained settings.
• Novel Air Quality Sensing (Vivekanand Education Society’s Institute of Technology, Mumbai): Developed an optical particle counting device using IoT-enabled CMOS camera microchips to measure particulate matter levels. The solution aligns with SDGs 3, 8, 9, 10, 11, 12, and 13, offering a cost-effective way to monitor air pollution.
• Tranquil (VIT, Vellore): An AI-powered mental health support platform offering instant therapy and coping strategies to address mental health struggles. This project aligns with SDGs 3, 5, 8, 10, and 17.
• Water Your Plant from Anywhere (University of Lucknow): A smart irrigation system using IoT and cloud computing to enable remote watering of plants, contributing to SDGs 9, 11, 12, and 13.
• Where is My Bus (MLRIT, Hyderabad): A real-time bus tracking system designed for college transit networks in India, improving accessibility and efficiency using HTML, CSS, JS, and Leaflet technology.
• Plant Microbial Fuel Cell-KIT (Kalaignar Karunanidhi Institute of Technology, Coimbatore): A sustainable energy solution leveraging plant-microbe electrochemical interactions to provide decentralized, eco-friendly electricity. This project aligns with SDGs 7, 12, 13, and 15.

Through its inception in 2018, the Cisco thingQbator initiative has trained over 10262 students, aiming to shift their mindset to innovators. Over the years, with 5351 hours of mentoring, the program has led to the development of 409 prototypes, with 63 teams already registered or incubated at start-up accelerators. At its core, the initiative empowers students to craft innovative solutions for real-world challenges, fostering design thinking, community problem-solving, and essential go-to-market skills.

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Ahmedabad (Gujarat) [India], April 23: Kretto Syscon Limited (BSE Code: 531328), a diversified player in real estate and information technology sectors, will announce its audited financial results for the fourth quarter of 2024-25 and the full fiscal year on April 24.

Incorporated in 1994 and headquartered in Ahmedabad, Kretto Syscon has steadily expanded its footprint in residential and commercial real estate sectors, while also expanding its software and IT services portfolio.

The company’s shares have surged by 40% from Rs. 1.45 per share to Rs. 2.13 in recent quarters. On Tuesday, the stock touched a 52-week high of Rs. 2.15, trading at approximately 22 times the EPS of Rs. 0.09, reflecting growing investor confidence. The company’s market cap stood at more than Rs. 116 crores.

Kretto Syscon posted a robust profit of Rs. 5.83 crore in the second quarter of financial year 2024-25, followed by Rs. 1.83 crore in the third quarter, demonstrating resilience despite market challenges. Analysts expect the fourth quarter performance to remain consistent and expect the stock to continue to attract investor interest in the small-cap segment.

As Kretto Syscon continues to focus on innovation, transparency, and long-term value creation, it remains poised for future growth in both its core sectors.

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Ahmedabad (Gujarat), India, April 24: Adani Energy Solutions has reported a remarkable 79% increase in its consolidated net profit for the fourth quarter compared to the previous year, achieving a total of ₹647 crore, in contrast to ₹361 crore during the corresponding quarter last year.

The impressive performance highlights the company’s commitment to operational excellence and thoughtful execution throughout its energy infrastructure platform. By consistently prioritising transparency, integrity, and financial responsibility, Adani Energy is beautifully strengthening its position in India’s power and transmission sector.

Adani Energy Solutions reported 79% growth in its consolidated net profit at Rs 647 crore in the fourth quarter, compared with Rs 361 crore in the same quarter last year.https://t.co/91Bc0bYWLD

— ETMarkets (@ETMarkets) April 24, 2025

The expansion is attributed to a confluence of enhanced revenue generation, optimised asset utilization, and strategic investments that are presently yielding substantial returns. 

This development is consistent with the organisation’s long-term vision to promote sustainable energy solutions and to make significant contributions to the growing energy demands of India.

As a pivotal entity within the Adani Group, the fourth-quarter performance of Adani Energy Solutions exemplifies the overarching philosophy of the group, which emphasises the integration of business objectives with national growth agendas.

The company prioritises scalability, consistency in performance, and an open governance model that fosters investor confidence.

In considering future prospects, Adani Energy will be poised to further leverage its extensive infrastructure platform and technical expertise to generate additional value for stakeholders, all while maintaining its commitment to a people-first and performance-oriented ethos.

Disclaimer: The views expressed in this release are those of the author and do not reflect the official policy or stand of PNN Digital. While we strive for accuracy, the information is for general informational purposes only and may be subject to change.

• The company received Town Planning Clearance, Land Registration, Gram Panchayat approval and the Non-Agricultural order for setting up an AAC plant on the acquired land.
• The company acquired 57,500 square meters of land for expansion for Rs. 6 crore to strengthen the company’s presence in Madhya Pradesh and nearby regions.
• StarBigBloc is targeting Rs. 428 crore revenues by FY27–28, with a projected EBITDA of Rs. 125 crore and net profit of Rs. 80 crore.

Surat (Gujarat) [India], April 24: StarBigBloc Building Material Ltd, a wholly-owned subsidiary of BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks and ALC Panels in India has received all key approvals for its upcoming project in Indore, Madhya Pradesh. These include Town Planning Clearance (TPC), Land Registration, Gram Panchayat approval, and the Non-Agricultural (NA) order for the acquired land. With these clearances in place, the company is set to establish India’s largest greenfield AAC Blocks manufacturing facility at the proposed site, marking a major milestone in its expansion strategy and reinforcing its leadership in the sustainable building materials space.

Earlier in Feb 2025, the company acquired approximately. 57,500 sq. mts. land at Khasra No. 382, 387, 389/2, Gram Nimrani, Tehsil Kasrawad, District – Khargone, Madhya Pradesh for the purpose of AAC Blocks business expansion in central India. The total consideration for the land deal is Rs. 6 crores and Stamp duty. The company aims to build India’s largest greenfield facility for AAC blocks at the site.

StarBigBloc Building Material Ltd currently operates a manufacturing facility in Kheda, near Ahmedabad, with an installed capacity of 250,000 cubic meters per annum. This plant effectively caters to a broad market, covering major parts of Gujarat and extending its reach to Udaipur in Rajasthan and Indore in Madhya Pradesh. In the third quarter, the company achieved a healthy capacity utilization of 75%. With plans underway for capacity expansion, StarBigBloc is poised to strengthen its footprint across Madhya Pradesh and neighboring regions.

Mr. Mohit Saboo, Director and Chief Financial Officer, Bigbloc Construction Ltd, said, “We are happy to receive all the necessary approvals for the new plant in Madhya Pradesh and plan to start the work on the same soon. The AAC block industry is set to play a pivotal role in India’s construction sector, and our company is ready for a significant leap forward. The proposed expansion in Indore, Madhya Pradesh aligns with our growth strategy, focusing on geographic expansion, R&D investments, product diversification, and strategic branding and marketing initiatives to enhance visibility, increase market share, and strengthen stakeholder trust.”

BigBloc Construction Ltd has recently diversified into the construction chemicals segment, launching a range of high-demand products including Block Jointing Mortar, Ready Mix Plaster, and Tile Adhesives. Strengthening its presence in this space, the company introduced NXTGRIP Tile Adhesives, complementing its well-established NXTFIX and NXTPLAST brands. These products are engineered to deliver enhanced bonding, durability, and performance — aligning with the company’s commitment to innovation and quality in building solutions.

In May 2024, the Board of Directors of StarBigBloc Building Material Ltd approved a proposal to raise funds through an SME IPO or Preferential Issue, subject to necessary approvals and prevailing market conditions. The proposed fundraising will support the company’s ambitious expansion plans, aimed at increasing its production capacity from the current 250,000 cubic meters per annum to over 1.2 million cubic meters per annum over the next 4–5 years. As part of its growth roadmap, the company is targeting revenues of Rs. 428 crore by FY27–28, with a projected EBITDA of Rs. 125 crore and net profit of Rs. 80 crore. For FY23–24, StarBigBloc reported revenues of Rs. 94.18 crore, reflecting a strong CAGR of over 21% over the past four years — underlining its consistent growth and operational strength.

About BigBloc Construction Ltd

Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed AAC block manufacturer in India, with a 1.3 million cbm annual capacity across plants in Gujarat (Kheda, Umargaon, Kapadvanj) and Maharashtra (Wada). The company, which markets its products under the ‘NXTBLOC’ brand, is one of the few in the AAC industry to generate carbon credits. With over 2,000 completed projects and 1,500+ in the pipeline, The company’s clients include Lodha, Adani Realty, IndiaBulls Real Estate, DB Realty, Prestige, Piramal, Oberoi Realty, Tata Projects, Shirke Group, Shapoorji Pallonji Group, Raheja, PSP Projects, L&T, Sunteck, Dosti Group, Purvankara Ltd, DY Patil, Taj Hotels, Godrej Properties, Torrent Pharma, GAIL among others.

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Ahmedabad (Gujarat) [India], April 23: Rajesh Power Services Limited (BSE Code: 544291), a prominent EPC contractor in the power transmission & distribution segment, has received fresh orders of Rs. 1,116 crores from a combination of government and institutional clients, underscoring the company’s robust capabilities and growing presence.

The newly secured contracts include a turnkey-based contract for the supply, installation, testing and commissioning of 11/22kV HT underground (cable) and overhead (MVCC) networks in Gujarat, and design, engineering, manufacturing, supply, erection, testing and commissioning of 220/66kV GIS/AIS substations in the state. The orders also include contracts for the supply, erection, testing and commissioning of 132kvV66kV underground cable in Gujarat.

Key Highlights:

• ₹1,116 crore in new orders secured by Rajesh Power Services from government and institutional clients.
• IPO in Nov 2024 at ₹335; shares now at ₹1,268.60
• SME company delivering mainboard-level performance.

The projects are expected to be completed within 12 to 18 months, providing strong revenue visibility and operational momentum for Rajesh Power Services.

Although classified as an SME company, Rajesh Power Services continues to deliver performances on par with companies listed on the mainboard. The receipt of such a significant order reinforces the company’s strong operational and financial potential. With this development, there is a high possibility of excellent financial results in the upcoming quarters.

Rajesh Power Services came out with its Rs. 160.50 crore IPO in November 2024 by issuing shares at Rs. 335 apiece. The shares have delivered Multi-baggers returns since and price closed at Rs. 1,268.60 on Wednesday. The company’s market cap was Rs. 2,284 crores.

About Rajesh Power Services Limited (RPSL):

RPSL is one of the leading specialized Engineering, Procurement & Construction (EPC) companies engaged in the Power Transmission & Distribution Sector. RPSL provides its services across various verticals, including Turnkey execution of GIS Substations, AIS Substations, Extra High Voltage Power Cables and Transmission Lines, and the Construction of Distribution Systems. A concentrated, customer-focused approach and the mission to deliver top-class quality have enabled RPSL to maintain its position in its core business area for over five decades. The company caters to government and institutional customers across India.

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Surat (Gujarat) [India], April 22:  Raisin, one of India’s fastest-growing contemporary ethnic and fusion wear brands, marked a major milestone with the grand opening of its first Exclusive Brand Outlet (EBO) in Surat. The celebratory launch was graced by popular actress Nitanshi Goel, who inaugurated the store and added a glamorous touch to the brand’s historic moment.

Known for its timeless yet modern design sensibility, Raisin’s new flagship store is a physical embodiment of its vision—an immersive retail space that blends elegance, comfort, and contemporary ethnic fashion for the new-age Indian woman.

Speaking at the event, Vikash Pacheriwal, Co-Founder of Raisin, said,

“Opening our first EBO in Surat—the city where it all started—is a proud and emotional moment for us. This store represents everything Raisin stands for, and with Nitanshi joining us, it truly feels like a celebration of dreams turning into reality.”

Atul Gupta, Franchise Partner of the Surat store, added,

“I’m thrilled to be part of Raisin’s journey and to bring this flagship experience to life. This is not just a store, it’s a gateway to the future of fashion retail in India, and we can’t wait to welcome our customers.”

With over 250 Multi-Brand Outlet (MBO) touchpoints across India, Raisin’s leap into the EBO format signals a bold new phase. The Surat flagship store offers the complete Raisin collection—from elegant ethnic sets and everyday essentials to stylish fusion pieces—catering to the versatile wardrobe needs of modern Indian women.

As part of its growth roadmap, Raisin plans to launch 25 more EBOs across the country by March 2026 and is actively inviting franchise partners to join its expansion journey.

The grand launch event saw an enthusiastic turnout of customers, influencers, and media, making it a landmark day for the brand as it continues its evolution from a homegrown label to a national fashion force.