Business

Hyderabad (Telangana) [India], January 15: The US$ 3 Bn conglomerate Vishwa Samudra Group from Hyderabad, India led by its promoter Chairman Mr. Chinta Sasidhar has announced Mr. Shivdutt Das as the Managing Director and Ms. Lakshmi Priyadarshini Chinta as the Vice Chairperson for its Holding Company to oversee the group operations. The holding company currently has interests in Engineering, Marine, Aviation, Manufacturing and Investments. Its engineering arm Vishwa Samudra Engineering has been an industry outlier demonstrating phenomenal growth in the last 2 years surpassing many competitors in the infrastructure space in India. The pioneers in building urban ropeway at Varanasi also bagged the most innovative infrastructure company award at the ABP Infrastructure Conclave. Shivdutt has b...

New Delhi [India], January 08: “Unveiling Innovation, Empowering Tomorrow”. Marking a monumental milestone in its illustrious 50-year journey, Sangeetha, India’s first specialty retailer in the mobile segment, today inaugurated its new corporate office, ‘Sangeetha Vision,’ and an innovative flagship store, ‘Sangeetha Gadgets,’ in the vibrant locality of Jayanagar, Bangalore. The grand inauguration ceremony, which was a part of the golden jubilee celebrations, witnessed the presence of prominent dignitaries, including Shri Tejaswi Surya, MP, Lok Sabha, and Shri R. Ashoka, Leader of Opposition, Karnataka Legislative Assembly. The event also featured Dr. Ramesh Aravind, celebrated actor and director. Followed by the Lamp Lighting by Dr. R. Ravichandar, Chairman & MD, Nandhana Group, Shri....

Kolkata (West Bengal) [India], January 03: Indobell Insulations Limited, a prominent manufacturer and contractor of specialized insulation products, has launched its Initial Public Offering (IPO) on the BSE SME platform. The IPO aims to raise ₹1,014.30 lakhs through the issuance of 22,05,000 equity shares, priced at ₹46 each. The issue is open from January 6 to January 8, 2025. IPO Highlights Issue Size: ₹1,014.30 lakhs Price Per Share: ₹46 Market Lot: 3,000 shares Post-IPO Dilution: 35% Listing Platform: BSE SME Utilization of Funds The proceeds from the IPO will be directed towards: Acquiring advanced machinery to enhance production capacity. Supporting working capital requirements to streamline operations. General corporate purposes. Business Overview Indobell Insulations Limited sp...

Mumbai (Maharashtra) [India], January 03: Klassroom Edutech, the world’s first AI-powered “Education OTT Platform,” has successfully raised growth capital in its latest funding round led by ah! Ventures, with participation from LetsVenture, Hem Securities, Meteor Ventures, and Growth Sense Fund. Klassroom Edutech, founded by fampreneurs Mrs. Alka Javeri, Mr. Dhruv Javeri, and Mr. Dhumil Javeri, is transforming education through its AI-driven Education OTT platform and a network of 200+ offline learning centers, serving over 500,000 students across 600 cities. Bollywood actor and entrepreneur Suniel Shetty, who invested in Klassroom in 2023, continues to back the company’s vision to make education more accessible and affordable. Klassroom’s profitability not only signals its robust business...

New Delhi [India], December 28:  With a vision to leverage opportunities through a robust seven-year strategic plan, AlphaNeon Group and Urja-Adani are collaborating to make significant strides in the financial trade domain. The partnership is planning to set to restructure and expand the operations of Nedumparambil Group (NCS), a Kerala-based financial institution. The collaboration aims to implement long-term strategies to enhance and reorganize the business. This initiative includes an ambitious plan to integrate and develop the business of the proposed new company (NBFC) over the next seven years. The initiative is being taken by Minesh Kirtilal Adani, Amit Upadhyay and Girish S Pillai. The partnership is planning to consolidate NCS’s existing operations, gaining customer trust, and es...

Hyderabad (Telangana) [India], December 23: As the global workforce landscape shifts, mindful hiring has emerged as a cornerstone of sustainable organizational growth and employee satisfaction. Susheel Agarwal, CEO of Ethika Insurance, champions this revolutionary approach, advocating for hiring practices that prioritize crude talent, mental wellness, and long-term health security over traditional benchmarks at the event hosted by The International Maritime Federation on december 2024, at The Park Hotel, Belapur, Navi Mumbai. This flagship event, titled “Recruitment Practices in the Maritime Industry: Impact, Analysis, Safeguards, and Risk Management,” brought together over 175 eminent guest such as maritime professionals, policymakers, and risk management experts including owners & re...

New Delhi [India], December 20: The Corporate Connect Global Magazine, in association with Business Connect Magazine, has announced the prestigious “Global Icon Award—2024” to recognise and celebrate entrepreneurs and business leaders from different industries for their continued commitment to excellence, innovative strategies, and notable initiatives to assure growth. The Global Icon Award is presented to eminent brands and their visionary leaders for their unwavering commitment and notable impact in their domain and for encouraging them to accomplish their vision. It is a small token of appreciation from Corporate Connect Global to honour the pioneers and trailblazers for their sector fraternity.  The best award-winning companies perfectly demonstrate that success comes only through dete...

New Delhi [India], December 18: SISL Infotech, a leading IT solutions and services provider, is thrilled to announce its empanelment by EdCIL (India) Limited, a Mini Ratna Category-I CPSE under the Ministry of Education, Government of India. Through this prestigious partnership, SISL Infotech will deliver cutting-edge Managed Cloud Services powered by Google Cloud to educational institutions, universities, and government education bodies across India. As a trusted technology partner, SISL Infotech aims to revolutionize the education sector by enabling institutions to adopt state-of-the-art digital infrastructure. Leveraging Google Cloud’s robust, secure, and scalable platform, SISL Infotech is poised to drive transformative outcomes in four key areas: Modernizing IT: Streamline operations...