Author: Arjun Singh

Bharuch (Gujarat) [India], August 12:  Broach Lifecare Hospital Ltd operating 2 boutique hospitals under the brand name “Maple Hospitals at Bharuch and Ankeleshwar, is planning to raise up to Rs. 4.02 crores through its SME IPO. Shares of the company will be listed on the SME platform of BSE Ltd (BSE SME). The public issue open for subscription on August 13 and closes on August 16. Funds raised through the issue will be used for business operations including purchase of machineries, development of medical tourism web portal. Fedex Securities Limited is the Book Running Lead Manager to the issue. Company…

Lucknow (Uttar Pradesh) [India], August 10:  Renowned for its excellence in holistic education, GD Goenka Public School, Lucknow’s most prominent educational institution, is ranked as the top school of Uttar Pradesh’s capital, In a survey conducted by established research organisation Cfore. Situated in the lush green locales of Sushant Golf City, Shaheed Path, GD Goenka Public School Lucknow has repeatedly proved why its name is synonymous with the best all-round education. The ranking survey is conducted by Cfore, which is a much-acclaimed multidisciplinary research organisation, conducting election surveys, market research, and opinion polls and specializes in rating and rankings of…

Ahmedabad (Gujarat) [India], August 10:  Lincoln Pharmaceuticals Limited, one of India’s leading healthcare companies has continued to report excellent operational and financial performance for Q1 FY 2024-25 ended 30th June 2024. Company has reported a standalone net profit of Rs. 23.67 crore for the Q1 FY 2024-25 as compared to the net profit of Rs. 19.01 crore reported in Q1 FY2023-24, growth of 24.51% Y-o-Y. Total income for the quarter ended June 2024 was reported at Rs. 157.69 crore, higher by 10.03 % Y-o-Y over total income of Rs. 143.31 crore ssin Q1 FY2023-24. EBITDA for Q1FY25 was reported at…

Ahmedabad (Gujarat) [India], August 10:  Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands has reported significant improvement in the operational and financial performance during Q1 of FY 2024-25 ended 30th June 2024. Business Highlights:- Exports for Q1 FY25 was reported at Rs. 50 crore; comprising of 15% of Revenue Company signed Bollywood star Ranbir Kapoor as brand ambassador and launched campaign “Premium ka Pappa” Company has received “No Objection” from stock exchanges, BSE and NSE for the proposed Demerger Scheme of Arrangement amongst Asian Granito India Ltd and other entities. Approved proposal to…

New Delhi (India), August 10: Mithlesh Gupta Social Welfare Foundation was founded by her sons, Rahul Gupta and Manish Gupta, directors of True Nutrition Performance Private Limited, on August 8, 2024. They founded the Social Welfare Foundation in memory of their beloved mother to carry on her illustrious legacy of selfless giving and dedication to society. The foundation aims to strengthen local communities by meeting basic needs and encouraging sustainable development.  The foundation, named in honor of Smt. Mithlesh Gupta, works to further her dream of a more caring society. The foundation aims to reduce poverty by providing essential social…

New Delhi (India), August 10: India’s leading furniture brand, Durian, has arrived in God’s Own Country, bringing its renowned style and quality to Thiruvananthapuram. This marks the brand’s first venture into Kerala, making luxurious furniture more accessible than ever for residents. The new store boasts a convenient location at Kesavadasapuram-Ulloor Road, inviting customers to explore Durian’s exquisite furniture collections. Owned by Mr. Biju Thomas, Director, Thomson Group, the store officially opened its doors on July 24th, 2024. Spanning an area of 4500 sq. ft., this new store offers a wide range of home and office furniture, including sofas, recliners, beds, dining sets, storage…

In Q1 FY2425, lendingplate disbursed ₹57 crores compared to ₹13 crores in Q1 FY2324 FY2425 projections are ₹500 crores loan disbursal, with 5X revenue growth than FY2324 New Delhi (India), August 10:  Unifinz Capital India Limited (formerly known as Shree Worstex Limited), aka lendingplate, a pioneering digital lending NBFC, turned profitable for the first time ever in the first quarter (Q1) of the fiscal year 2024-25. lendingplate reported a consolidated profit before tax of Rs. 2.51 crores for the quarter ending June 2024, compared to a loss of Rs. 52 lakhs in the year-ago period. Revenue from operations for the Delhi-based NBFC…

New Delhi (India), August 10:  In a bid to strengthen economic ties and foster innovation, the Governor of New Mexico, Michelle Lujan Grisham, is currently visiting India to explore strategic partnerships with Indian higher education institutions, businesses, and government officials. The visit, which extends until August 10, highlights the growing economic synergy between India and the United States. As the U.S.-India relationship continues to flourish, the potential for business opportunities and investments between the two nations has never been greater. The collaboration between these global giants is poised to drive economic growth and innovation across various sectors, creating a win-win…