KRN Heat Exchanger is expected to launch its IPO in September, raising Rs 9.54 crore in a pre-IPO round. Funds will be used for expansion plans, including a new manufacturing facility.

Air conditioner manufacturers saw record profits in April-June due to blistering heat, with companies like Voltas, Blue Star, and Havells reporting significant revenue growth.

Blue Star Ltd's net profit surged 100% to Rs 168.76 crore in Q1 FY25, driven by strong demand for cooling products and cost management. Revenue also increased by 28.7%.

India's domestic food market is projected to reach USD 1,274 billion by 2027, growing at a 47% rate. This growth is fueled by a strong food processing sector and increasing demand.

Blue Star predicts India's air conditioning industry, currently valued at Rs 27,500 crore, will double in size over the next four years, driven by growing demand and a burgeoning middle class.

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Chevron to establish an Engineering and Innovation Centre of Excellence in Bengaluru, investing Rs 8,300 crore and creating 600 jobs by 2025.

India's government has significantly reduced drawback rates on gold and silver jewellery exports following a cut in import duties. Learn about the impact on the gems and jewellery industry.

MPCB alleges Mercedes-Benz India's Pune plant is not complying with environmental standards, leading to a review and forfeiture of a bank guarantee. The company claims to be ready to cooperate with...

The Central government has ordered an insurance firm to pay Rs 225 crore to 2 lakh farmers in Maharashtra's Parbhani district within a week for pending soyabean crop insurance claims.

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Brazilian Foreign Minister Mauro Vieira will visit India to strengthen bilateral ties and discuss the G20 summit in Rio de Janeiro. The visit will include the ninth India-Brazil joint commission...

India's Union Cabinet approves a 50% assured pension for government employees under NPS, making the scheme more attractive. The Unified Pension Scheme (UPS) will be applicable from April 1, 2025.

Funskool India, backed by MRF Group, has secured rights from Asmodee to distribute the popular board game CATAN in India. The game will be made in India and will be available for purchase at Rs 3,499.

Jeyyam Global Foods, a leading supplier of Bengal gram and fried gram, is launching an IPO on September 2 to raise Rs 80-82 crore for expansion plans.