Monday, September 21News That Matters

Tag: business

Chandni Machines Limited Commences Implementation of Aluminium Ingot Manufacturing Project at Kuvada GIDC, Rajkot

Chandni Machines Limited Commences Implementation of Aluminium Ingot Manufacturing Project at Kuvada GIDC, Rajkot

Business
Mumbai (Maharashtra) [India], September 1: Chandni Machines Limited (BSE: 542627), a company listed on BSE, is pleased to announce that it has commenced the implementation of its new project for manufacturing Aluminium Ingots at Kuvada GIDC, Rajkot, Gujarat. As part of its strategic expansion and diversification initiatives, the Company has taken significant steps towards establishing its aluminium ingot manufacturing facility and expects to commence trial production in September 2026, followed by commercial production from October 1, 2026, subject to receipt of the requisite statutory approvals and completion of commissioning activities. Key Project Developments The Company has already undertaken the following key initiatives: 1.   Manufacturing Facility: The Company has lease...
Union Living & More: Top Student Housing Brands Redefining Student Living in India

Union Living & More: Top Student Housing Brands Redefining Student Living in India

Business
New Delhi [India], September 1: As India’s student population continues to grow and students increasingly relocate to education hubs, the demand for safe, professionally managed accommodation is gaining momentum. Rising higher-education enrolment, the expansion of private and international institutions, and increasing student migration are creating a growing need for organized student housing, particularly across education hubs such as Pune, Bengaluru and Delhi-NCR. With traditional PGs often falling short on quality, safety and consistency, students and parents are increasingly seeking professionally managed residences that offer security, high-speed internet, housekeeping, meals and community-oriented amenities. This shift is positioning managed student housing as an increasingly importa...
Magellanic Cloud Secures 3rd Consecutive Order from Government of India Undertaking DFCCIL

Magellanic Cloud Secures 3rd Consecutive Order from Government of India Undertaking DFCCIL

Business
Hyderabad (Telangana) [India], September 1: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), continues to strengthen its presence in the Government and critical infrastructure segment, with its wholly owned subsidiary, Provigil Surveillance Limited, securing its third consecutive Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) within a short span. The latest LOA, received from DFCCIL, Ajmer, is valued at ₹3.29 Crore, further strengthening the Company’s growing order book and demonstrating continued demand for its technology-led surveillance and security solutions. Third Consecutive DFCCIL Order 13 Aug 2026 – Noida: LOA of ₹3.73 Cr for IP-based CCTV surveillance under the CGM/JP Unit. 18 Aug 2026 – Ahmedabad: LOA of ₹8.90 Cr...
Strengthening India – Nepal Supply Chains for a Resilient Recovery- Shubham Bibave & FlairList Global

Strengthening India – Nepal Supply Chains for a Resilient Recovery- Shubham Bibave & FlairList Global

Business
New Delhi [India], September 1:The devastating flash floods that struck Nepal on 26 August have left behind a scale of loss and disruption that is difficult to comprehend. Communities have lost loved ones, homes and livelihoods, while roads, bridges, schools, hospitals and other critical infrastructure have been damaged or destroyed. The Government of Nepal continues to prioritize search and rescue, evacuation, emergency medical assistance and relief operations as the situation evolves. For the people affected, the immediate needs are simple but urgent: safety, shelter, food, clean water, medicines and access to essential services. UNICEF has reported that more than 17,000 children have been impacted by the floods, highlighting the scale of the humanitarian needs emerging from the disas...
Wordloom Creative Ventures Launches Integrated Media Studies Programme for Hands-on Industry Learning

Wordloom Creative Ventures Launches Integrated Media Studies Programme for Hands-on Industry Learning

Business
New Delhi [India], September 01: Wordloom Creative Ventures, South Delhi based media house, has introduced its Integrated Media Studies Programme, an in-house immersive media course designed to bridge the gap between classroom education and the real-world professional media industry. The programme focuses on practical learning, allowing students to work with actual clients, attend live shoots, execute real editing assignments and work within professional deadlines. The objective is to equip students with practical industry experience and prepare them for professional careers beyond theoretical classroom learning. Industry experts have been brought on board as faculty members to provide students with first-hand knowledge of the media industry. The programme also offers a 100% interns...
Make In India On High Seas: Kochi Firm Unveils Five Indigenous Watercraft Lines To Cut Imports, Eye Global Markets

Make In India On High Seas: Kochi Firm Unveils Five Indigenous Watercraft Lines To Cut Imports, Eye Global Markets

Business
Left to Right: Abhilash Tomy NM (Retd) and Jose Babu Maliakel, Founder-CEO of MKEL Kochi (Kerala) [India], August 31: In a bid to position Kerala as a hub for high-performance boating and composite engineering, Kochi-based watercraft specialist MKEL Marine on Saturday launched five lines of indigenously built watercraft, aiming to reduce India’s reliance on imported high-end boats while opening international markets. The range — designed, engineered and manufactured at the company’s facility in Njarakkal to international standards — was unveiled by circumnavigator Commander Abhilash Tomy, KC, NM (Retd), the first Indian to sail solo, non-stop and unassisted around the world. The launch marks a structural push toward indigenous maritime manufacturing, targeting eco-tourism, leisure...
Angel One recommends Buy on Lincoln Pharmaceuticals Ltd with a Target Price of Rs. 845 per share, potential upside 39%

Angel One recommends Buy on Lincoln Pharmaceuticals Ltd with a Target Price of Rs. 845 per share, potential upside 39%

Business
New Delhi [India], August 31 –Leading Broking and Research company, Angel One has come out with a research report on Ahmedabad based pharmaceutical company, Lincoln Pharmaceuticals Ltd (BSE: 531633 | NSE: LINCOLN). One of India’s leading healthcare companies, Lincoln Pharmaceuticals Ltd has reported excellent operational and financial performance for Q1 FY27 ended June 30, 2026. The company reported consolidated net profit of Rs. 36.23 crore in Q1 FY27 as compared to a net profit of Rs. 27.68 crore reported in Q1 FY26, registering a growth of 30.90 % Y-o-Y. Total income for the quarter ended June 2026 stood at Rs. 201.55 crore, higher by 19.02 % Y-o-Y compared to total income of Rs. 169.34 crore in Q1 FY26. EBITDA for Q1 FY27 stood at Rs. 51.70 crore as compared to EBITDA of Rs. 39.08 c...
Global Business Achievers Awards 2026: Celebrating Visionary Leaders and Businesses

Global Business Achievers Awards 2026: Celebrating Visionary Leaders and Businesses

Business
New Delhi [India], August 31: Corporate Connect Magazine proudly presents the “Global Business Achievers Awards 2026”, August edition, recognising visionary entrepreneurs, business leaders, and high-performing companies delivering excellence across industries. In an era where innovation, resilience and customer-centricity shape business success, this honour celebrates organisations, showcasing leadership, tech advancement and a commitment to creating notable impact. At Corporate Connect, we always spotlight inspiring business journeys and share stories that encourage innovation. Through our editorial feature, we honour organisations that not only achieve success but also create lasting value for customers, communities and their specific domains. “The Global Business Achievers Awar...
Fly-Hi Maritime Travels Ltd’s Rs. 52.63 crore Public issue to Open on September 1, 2026

Fly-Hi Maritime Travels Ltd’s Rs. 52.63 crore Public issue to Open on September 1, 2026

Business
Fixed-price IPO comprises a fresh issue of up to Rs. 42.43 Crore and an offer for Sale of Rs. 10.19 Crore; Equity Shares Proposed to be listed on BSE SME New Delhi [India], August 31: Fly-Hi Maritime Travels Limited, a travel and logistics company engaged in managing end-to-end travel arrangements for crew members of commercial shipping companies, will open its Initial Public Offering (IPO) for subscription on September 1, 2026, with the issue closing on September 3, 2026. The Company is proposed to be listed on the BSE SME platform, with the tentative listing date scheduled for September 8, 2026. The IPO is a Fixed Price Issue of 51,60,000 Equity Shares of face value Rs. 5 each at Rs. 102 per share, aggregating to approximately Rs. 52.63 crore.;pt Highlights: IPO opens Sep 1, cl...
Fly-Hi Maritime Travels Limited Opens Rs 52.63 Crore IPO on September 1, 2026, to Expand Global Maritime Travel Operations

Fly-Hi Maritime Travels Limited Opens Rs 52.63 Crore IPO on September 1, 2026, to Expand Global Maritime Travel Operations

Business
Mumbai (Maharashtra) [India], August 31: Fly-Hi Maritime Travels Limited, an integrated maritime travel specialist providing end-to-end travel arrangements for the crew of commercial shipping companies, has announced the opening of its Initial Public Offering on Sept 01, 2026. Total Issue Size: Up to 51,60,000 Equity Shares of ₹5 each Fresh Issue: Up to 41,60,400 Equity Shares Offer for Sale: Up to 9,99,600 Equity Shares Issue Size: ₹ 52.63 Crore Price Band: ₹ 102 Per Equity Share Lot Size: 1,200 Equity Shares (Minimum bid of 2 lots i.e. 2,400 equity shares, and in multiples of 1,200 equity shares thereafter) Proposed to be listed on the SME Platform of BSE (BSE SME) Share Allocation & Issue Details Non-Institutional Investors: Up to 24,48,000 Equity...