Tag: Business

Business

BigBloc Construction Ltd reports Revenue from Operations of Rs. 56.82 crore in Q3FY25, rise of 10% Q-o-Q

February 15, 2025

Surat (Gujarat) [India], February 15: BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks and ALC Panels in India has reported Revenue from Operations of Rs. 56.82 crore during Q3FY25 ended December 2024, rise of 10% Q-o-Q as compared to operational revenue of Rs. 51.66 crore in Q2FY25 ended September 2024. EBITDA for Q3FY25 stood at Rs. 6.11 crore (EBITDA Margin 10.8%). Net Profit (Total Comprehensive Income) for Q3FY25 was reported at Rs. 2.05 crore. The capacity utilization at Starbigbloc Building Material Ltd and BigBloc Building Elements Pvt Ltd for the third quarter was 75% and 68%. The consolidated capacity utilisation was 53%. Promoter Group have further increased their stake to 72.63% as of December 2024, acquiring 2,0

Business

Peak Bengaluru Feb 2050. Futuristic launch for a Futuristic store. 1st time in India

February 15, 2025

New Delhi [India], February 15: In a move that feels straight out of 2050, a brand with a 50-year legacy, just launched its most futuristic tech store in India. The grand opening event was anything but conventional—it featured a silent headphone party, a first-of-its-kind celebration in the Indian retail space. The event generated massive buzz, trending 1 on Twitter, as tech enthusiasts and gadget lovers got a glimpse of what the future of retail looks like. The brand we are discussing about is none other than the OG Sangeetha Gadgets which sold the first phone of India. From Gramophones to Groundbreaking Gadgets Sangeetha’s journey began in 1974 as a gramophone store, selling music records at a time when technology was vastly different. The name “Sangeetha,” meaning music, reflected its r

Business

Hassle-free Home Illumination with Hafele’s Loox Furniture Lighting

February 15, 2025

New Delhi [India], February 15: Hafele’s Loox Range has been meeting the demands for lighting in furniture as well as the growing needs for networking and digitalization since the last 10 years. The solutions offered within this range maximise simplicity and flexibility, while also assuring high reliability. The range presents itself as a unique combination of elegant design and state-of-the-art technology making it the perfect choice for any home furniture application, be it Task Lighting for Kitchen cabinets and plinths, Decorative Lighting for Living Room Showcases, Mood Lighting for Bedroom Applications or pure Functional Lighting in Wardrobes. Offering the perfect balance between illumination and power consumption, these lights are best suited for installation on wooden panels. The sm

Business

Favcy VB Summit 2025: A Decade of Venture Building in India

February 14, 2025

New Delhi [India], February 14:  As Favcy Venture Builders (Favcy VB) celebrates its 10th anniversary, the Favcy VB Summit 2025 emerged as a defining moment in India’s entrepreneurial journey, marking a decade of structured startup creation and setting the stage for the future of venture building. Held at the iconic Bharat Mandapam, the summit brought together over 30 founders from our portfolio, 150+ VCs and investors from our network, and key industry stakeholders, sparking transformative conversations that will shape the next chapter of India’s startup ecosystem. With a stellar lineup of prominent VCs and family offices like AWE Funds, Stanford Alumni Fund, She Capital, Anay Ventures and Vineeta Surana family office amongst others, angel investors from our 1stCheque network and governme

Business

O.P. Jindal’s (Omprakash Jindal) Industrial Revolution: A Legacy of Innovation and Growth

February 14, 2025

New Delhi [India], February 14: India, with its rich history of entrepreneurship and industrial growth, has seen several figures who played pivotal roles in shaping its economic landscape. Among them, Omprakash Jindal stands out as a visionary whose innovations not only transformed the Indian industry but also laid the foundation for its global footprint. A man whose commitment to excellence, innovation, and national progress redefined sectors like steel, power, and infrastructure. His contributions are a testament to the power of Indian entrepreneurship in modernizing industries and positioning the nation as a force to reckon with. In this article, we will explore the profound impact O.P. Jindal had on India’s industrial revolution and how his groundbreaking innovations continue to influe

Business

Sheth Realty’s Subvention Scheme at Promont Offers a Seamless Path to Homeownership

February 14, 2025

Mumbai (Maharashtra) [India], February 14: Sheth Realty, known for delivering quality residential projects, has announced a Developer Subvention Scheme for its new premium towers at Promont, Sion – BKC Connector. A move set to ease the home buying process further, Sheth Realty’s latest scheme allows buyers to book their apartments at Promont by paying just 10% of the total amount upfront, 10% after 30 days, and the remaining 80% at the time of possession. Having no EMIs until possession and a significantly small deposit reduces the financial burden of potential homebuyers. The Developer Subvention Scheme from Sheth Realty ensures that a buyer manages their rent and mortgage payments without being overly financially strained during the construction period. Not only does this strategy assist

Business

Texas Smokehouse secures funding, set to open 100 outlets in its first phase of expansion in India

February 14, 2025

Chandigarh [India], February 14: Texas Smokehouse, India’s first-ever smoked chicken QSR brand, is making bold moves to disrupt the country’s fast-food industry. Yummify Foods & Beverages Pvt Ltd, the parent company of Texas Smokehouse, has raised undisclosed funding in a pre-seed round. The founder, Isht Sethi, has announced an aggressive expansion plan of 100 outlets; the brand is set to redefine quick, flavorful, and healthier fast food.As the QSR industry in India surges toward a projected ₹827 billion market by 2025, Texas Smokehouse is positioned to bridge the gap in the market with its authentic, slow-cooked smoked chicken offerings. Fueling Growth through Investment & Expansion The funding will drive Texas Smokehouse’s rapid expansion across North India, ensuring accessibil

Business

‘Bharat Tex 2025 Set To Be A Game Changer’ , Bhadresh Dodhia , Chairman, MATEXIL

February 14, 2025

Mumbai (Maharashtra) [India], February 13:  Bharat Tex 2025, India’s largest and most comprehensive textile event, is set to take place from February 14 to 17, 2025, at Bharat Mandapam, New Delhi. Speaking on the significance of the event, Shri Bhadresh Dodhia, Chairman of MATEXIL and Co-Chairman of the Core Committee for Bharat Tex 2025, said “Bharat Tex 2025 is   a game-changer for India’s textile industry and indeed a proud moment for our Country”. Organized collectively by all Textile Export Promotion Councils with the support of the Ministry of Textiles, Government of India, the event aims to position India as a global leader in the textile sector. “With an exhibition area of over 220,000 square meters, Bharat Tex 2025 covers the entire value chain of Textiles including fibre, yarn, f

Business

AIPL’s Masterpiece Secures Rs 200/sq.ft. Rental Deal, Setting New Benchmark for Office Spaces in Gurugram

February 13, 2025

New Delhi [India], February 13: AIPL (Advance India Projects Limited) has achieved a significant milestone with its latest development, AIPL Masterpiece, securing a rental deal of Rs 200 per square foot. This landmark transaction not only sets a new pricing benchmark for the region but also cements AIPL Masterpiece’s position as the premier destination for Grade A office spaces in Gurugram. The project also received the prestigious IGBC Platinum Certification which reaffirms company’s commitment to sustainability, innovation and excellence in green building standards. Located on the prestigious Golf Course Road, AIPL Masterpiece offers approximately 3,14,000 sq. ft. of total area spread across G+11 floors, with a striking triple height entrance lobby. The development boasts approximately 2

Business

InTime Fire Appliances Pvt. Ltd. Leads the Charge in Comprehensive Fire Safety Solutions Across India

February 13, 2025

Mumbai (Maharashtra) [India], February 13: InTime Fire Appliances Pvt. Ltd., a pioneer in fire safety, continues to redefine protection standards in India. With over 30 years of expertise, the company delivers tailored fire safety solutions designed to safeguard lives and property across diverse industries. Founded by Marine Chief Engineer Bipul Kishore Mehrotra, InTime Fire has earned a reputation for quality, innovation, and customer-centricity. The company specializes in designing, manufacturing, and installing advanced fire safety systems, leveraging its in-house manufacturing capabilities to ensure the highest standards of reliability and performance. “Fire safety is about more than compliance; it’s a responsibility to protect what matters most,” said Capt. Amit Raj Mehrotra, Managing