WEB NEWS

by Priya Jadhav  Chennai, March 29, 2025: Odyssey Technologies Limited (ODYSSEY | 530175 | INE213B01019), a Chennai based listed company specializing in information security products and services for close to three decades has just released two software products. These products, styled xorkeesign mail and xorkeesign Spot address a very critical and global problem faced today and could potentially help 200 million email users and over a billion smart phone users. Sometime in the last couple of years, a new term entered the popular imagination and took hold there. The term is called ‘Digital Arrest’. Though not a legitimate legal term this seems to have taken firm roots in the public consciousness. While digital arrest scams have caused significant damage, there are other kinds of digital frauds that have been on the rise as well. We have identity thefts, digital blackmail and extortion, ransomware attacks and all of them have been on the rise. In spite of security advisories and so...

Winsol Engineers Limited, a leader in EPC (Engineering, Procurement, and Construction), Operations, and Consultancy services, has announced that it has incorporated a new foreign subsidiary, in Lusaka, Zambia under the name Winsol Engineers Zambia Limited, The newly incorporated subsidiary will engage primarily in Electric power generation, transmission and distribution, as well as manufacture of electric motors, generators, transformers, and electricity distribution and control apparatus, retail sale of hardware, paints, and glass and other related activities. The incorporation of the subsidiary is a strategic initiative to expand the Company's overseas business operations and create new growth opportunities. Recently, that the Company has announced that it has received two incremental Purchase Orders and two incremental Work Orders from the Sembcorp Group amounting to approx. Rs. 2.71 Cr for Supply of VG 64 and to provide associated services pertaining to VG 64. Consequently, the...

Winsol Engineers Limited, a leader in EPC (Engineering, Procurement, and Construction), Operations, and Consultancy services, has announced that the Company has received New Work Order of Approx. Rs. 58357860/- (Rupees Five Crores Eighty-Three Lakhs Fifty-Seven Thousand Eight Hundred and Sixty Only) Exclusive of GST [i.e. Rs. 58.36 Million] for Laying, Erection, Testing and Commissioning of 66kV 1C, 300sqmm & 1C, 630sqmm XLPE Cable for Poly AL and AI corrugated cable for various lines for Package-2 for Rajkot Zone, as per Letter of intent from Gujarat Energy Transmission Corporation Limited. Earlier, the company added, Throughout FY 2024-25, the company has achieved significant growth in its order book, with regular updates being shared on the Stock Exchange. A key highlight of this growth is the 6.5 MW solar installation project secured under the government’s PM-Kusum Yojana. Winsol remains committed to exploring new opportunities with potential clients while deepening relationshi...

BLS International Services Limited (BSE: 540073, NSE: BLS), an Indian multi-national corporation and a trusted global tech-enabled services partner for governments and citizens, announced that its management will meet with SBI Mutual Fund and no Unpublished Price Sensitive Information will be shared during the meeting. Earlier, the company reported its consolidated financial results for the quarter and nine months ended 31st December 2024. The company’s Revenue from Operations expanded by 17.1% YoY to Rs. 512.8 Crores in Q3FY25 from Rs. 437.9 Crores in Q3FY24. Company’s EBITDA surged by 78.5% YoY to Rs. 158.1 Crores during the quarter as compared to Rs. 88.6 Crores in Q3FY24. EBITDA Margin increased to 30.8% in Q3FY25 from 20.2% in Q3FY24. Margin expansion was enhanced by the ongoing transition from partner run to self-managed model and integration of newly acquired businesses. PAT for the quarter scaled to Rs. 127.9 Crores as compared to Rs. 87.2 Crores reported in Q3FY24, a growth of...

by Priya Jadhav Mumbai, 11 th  March 2025:  This Women’s Day, Chandak Group went beyond conventional celebrations to honor the individuality and strength of women with a deeply personal and meaningful gesture. Recognizing that a name carries identity, history, and empowerment, the real estate brand launched a heartfelt campaign to celebrate the women who have made Chandak homes their own.                                                      As part of this initiative, every woman homebuyer received a personalized memento—a beautifully engraved, sustainable keyholder featuring her name. More than just a keepsake, this thoughtful token symbolizes the recognition of her journey, her achievements, and her space in the home. At the heart of the campaign is an emotionally resonant video that captures candid moments of women reflecting on what home, e...

International Women’s Day Celebration at #SheBuildsBHARAT Event by Priya Jadhav Mumbai, March 11, 2025 : Union Bank of India proudly participated in the #SheBuildsBHARAT celebration of International Women's Day, organized by the Government of India's Ministry of Women and Child Development and supported by the World Bank Group. The event took place at Vigyan Bhawan, New Delhi, and was graced by the presence of Hon'ble President of India, Smt. Droupadi Murmu, who delivered the keynote address. Other esteemed guests included Union Ministers, business leaders, celebrities, and women achievers across various fields. MD & CEO A. Manimekhalai represented Union Bank of India at the high-level plenary discussion on "Capitalising on Women Power: Breakthroughs in Financial Inclusion." She emphasized the transformative impact of woman power in the banking sector, highlighting the significant progress made by women-led businesses. "The combination of government schem...

by Priya Jadhav India, 12 March, 2025   –   ModAir is set to become one of the first lessors in India to embrace eVTOL leasing, marking a historic step toward the mainstream adoption of electric aviation through its strategic collaboration with The ePlane Company.   The ePlane Company is reimagining urban air transport with its revolutionary flying electric taxi, designed to alleviate congestion and provide a cost-effective alternative for urban and intercity travel. By integrating ModAir’s expertise in aircraft leasing with The ePlane Company’s cutting-edge technology, this partnership aims to drive widespread adoption of eVTOLs, redefining the future of mobility. Through this collaboration, ModAir will offer leasing solutions for The ePlane Company’s flagship eVTOL, the   e200X —an ultra-compact, highly efficient aircraft designed for safe, sustainable, and affordable transport. This innovative approach to leasing lowers the barriers to entry for operators, facilit...

by Priya Jadhav REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025. Under this agreement, REC intends to finance ₹18,360 crore in the PSP segment in Kerala over the next five years. The MoU was exchanged by Shri Saurabh Rastogi, Executive Director, REC, and Shri Dinesh Kumar, Joint Director, EMC, during the summit. The signing took place in the presence of Sh. K R Jyothilal, IAS, Additional Chief Secretary (Power), Government of Kerala; Shri M. Udaya Kumar, CPM, REC, Kerala, along with other dignitaries from EMC and the Kerala government. The Government of Kerala is organizing the Global Green Hydrogen & Renewable Energy Summit in Kochi on March 12-13, 2025. The event is supported by the Kerala State Electricity Boa...

by Priya Jadhav  Mumbai, March 2025:  In today’s world, safety isn’t just a concern; it’s a priority, especially for women exploring new horizons. Travel has evolved into an empowering statement of independence, but the critical question persists: “Is it safe to travel there?” While most platforms focus on attractions and activities, safety often takes a back seat. That’s why we’ve introduced  The Pink Star Safety Rating , a revolutionary platform providing women travellers with an unparalleled resource to assess the safety of destinations within India and across the globe. Backed by Reliance General Insurance and powered by cutting-edge AI technology, this system integrates real-time data on crime rates, proximity to police stations and hospitals, public infrastructure, and other vital parameters. Women can now access accurate, data-driven safety ratings, empowering them to plan their journeys with confidence. Mr. Rakesh Jain, CEO of Reliance General Insur...

  NTT DATA will offer packaged value-add services based on cloud solutions from SAP by Priya Jadhav  London — March , 2025 — NTT DATA , a global digital business and technology services leader, today announces it has joined the SAP PartnerEdge program with a “Run” focus as a  managed service provider (MSP) and will offer value-add services based on cloud solutions from SAP such as the RISE with SAP and GROW with SAP solutions and SAP Business AI as a full service package to customers around the globe. Joining SAP PartnerEdge, Run builds on NTT DATA’s SAP global partner status and helps position NTT DATA as a one-stop shop for cloud solutions from SAP. As part of SAP PartnerEdge, Run, NTT DATA can help businesses harness the power of SAP Business Suite and cloud solutions from SAP by managing the complexities of implementation, management and service delivery. About 69% of tech leaders worldwide say they are very or extremely concerned about the growing amou...

  MUMBAI, MARCH , 2025: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Gateway and a Ginger hotel in Ludhiana. These greenfield projects will be part of a mixed-use development. Ms. Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL, stated, “Ludhiana’s recognition under the Smart City Mission has spurred significant infrastructure development leading to a surge in business travel and tourism. The signing of Gateway and Ginger hotels is in line with IHCL’s strategy of building its presence in emerging markets. We are delighted to partner with Hampton Sky Realty Ltd. and contribute to the city’s growth story.” The 110-key Gateway Ludhiana, embodying the spirit of the city will offer immersive experiences. Guests can indulge in the culinary delights at the all-day-diner and the bar. Featuring a range of premium amenities including a gym, swimming pool, the hotel will also house a 5,000 sq. ft. ballroom de...

SBC Exports Limited (BSE: 542725, NSE: SBC), a pioneering force in the realm of global trade, has announced that a Work Order for providing Manpower Outsourcing Services has been awarded to the company by Higher Education Department Delhi through Guru Gobind Singh Indraprastha University. The aggregate purchase order cost of the said Work-Order is ₹ 111.29 Mn. Earlier, the company announced its un-audited financials for the quarter and nine months ended 31 December 2024. Further, the board has also recommended a bonus issue in the ratio of 1:2. For the quarter ended 31 December 2024 (Consolidated), the company reported Revenues at Rs. 7613.43 Lakhs, growing 44.43% YoY. The PAT grew 24.76% YoY to Rs. 357.74 Lakhs (Q3FY25). For nine months ended 31 December 2024 (Consolidated), revenue grew by 48.80% from Rs. 14196.81 Lakhs in 9MFY24 to Rs. 21125.07 Lakhs in 9MFY25PAT increased by 47.87% from Rs. 963.17 Lakhs in 9MFY24 to Rs. 1426.22 Lakhs in 9MFY25. Further, the board approved the i...

Lucent Industries Limited (BSE: 539682) has announced that its Board of Directors will meet on Monday, 24th February 2025, to consider the proposed Scheme of Amalgamation with Mobavenue Media Private Limited. This proposal outlines a potential vertical expansion for Lucent Industries in the MadTech (MarTech + AdTech) sector. Mobavenue Media, founded in 2017, is an AI-powered programmatic and digital growth marketing technology company. It offers solutions through platforms—PrsmX, SurgeX DSP, and ResurgeX—covering the full consumer journey, from awareness to retention. Mobavenue has shown strong performance, with revenue rising from Rs. 35.5 crore in FY22 to Rs. 98.3 crore in FY24. The company has received over 40 industry awards, including 'MarTech Agency of the Year' and a spot on 'Forbes Asia 30 under 30.' Lucent Industries aims to explore synergies with Mobavenue’s technology-driven approach to digital marketing across sectors like gaming, fintech, e-commerce, ...

BLS International Services Limited (BSE: 540073, NSE: BLS), is an Indian multi-national corporation and a trusted global tech-enabled services partner for governments and citizens. The company has got a buy call from Nuvama with Target Price INR 637. Nuvama further added, “Its operational performance aligned with our estimates. It posted a record high quarterly revenue. As the only listed Indian company in global visa processing and G2C services outsourcing, BLSIN operates a capital light and cash-generating model, with strong growth potential. New visa contracts and an expanding digital services network can further enhance profitability. Its strong track record of acquisitions continues to broaden its market reach and service portfolio. Given its in line performance in Q3FY25 and higher-than anticipated margin guidance, we have revised our FY25/FY26 EBITDA estimate upwards by 6% each. Consequently, we raise our SoTP-based TP to INR637 from INR604. Maintain 'BUY'.” Earlier, BLS...

by Priya Jadhav  Mumbai, India – A groundbreaking study conducted by the Madras Diabetes Research Foundation (MDRF) has revealed that consuming a handful of roasted, unsalted pistachios (approximately 30g) before meals can significantly slow the progression to diabetes in individuals with prediabetes. The study, titled “Effect of Premeal Pistachio Supplementation on Cardiometabolic Risk Factors among Asian Indian Adults with Prediabetes: A Randomized Controlled Trial,” was recently published in The Journal of Nutrition. It was led by Dr. V. Mohan, Chairman, Madras Diabetes Research Foundation, in collaboration with renowned researchers, including Dr. Walter Willett, Dr. Frank Hu, and Dr. Shilpa N. Bhupathiraju from the Harvard T.H. Chan School of Public Health in the United States, as well as Dr. Jordi Salas-Salvadó from the Institut d’Investigació Sanitaria Pere Virgili, Universitat Rovira i Virgili, Reus, Spain. India is home to 136 million adults with prediabetes and more than 1...

Balu Forge Industries Ltd. (BFIL) (BSE: 531112, NSE: BALUFORGE), a leading precision engineering and manufacturing company, approved its unaudited Consolidated Financial Results for the quarter ended 31st December 2024, in the meeting of its Board of Directors held on 7th February 2025. BFIL registered a robust revenue growth of 73.91% YoY and revenue from operations stood at INR 2,557.83 Mn in Q3FY25 compared to INR 1,470.75 Mn in Q3FY24 because of the constant focus on client addition and continued demand for the specialized engineering products. EBITDA grew by 106.95% and margins expanded by 422 bps from 22.24% in Q3FY24 to 26.47% in Q3FY25 owing to increase in scale of operations and increased demand for heavier products which tend to yield better margins. PAT grew by 134.09% and PAT margins improved by 528 bps from 16.95% in Q3FY24 to 22.24% in Q3FY25. Commenting on the performance of Q3FY25, Mr. Trimaan Chandock, Executive Director of BFIL stated: We are pleased to report strong ...

BLS International Services Limited (BSE: 540073, NSE: BLS), an Indian multi-national corporation and a trusted global tech-enabled services partner for governments and citizens, announced its consolidated financial results for the quarter and nine months ended 31st December 2024. The company’s Revenue from Operations expanded by 17.1% YoY to Rs. 512.8 Crores in Q3FY25 from Rs. 437.9 Crores in Q3FY24. Company’s EBITDA surged by 78.5% YoY to Rs. 158.1 Crores during the quarter as compared to Rs. 88.6 Crores in Q3FY24. EBITDA Margin increased to 30.8% in Q3FY25 from 20.2% in Q3FY24. Margin expansion was enhanced by the ongoing transition from partner run to self-managed model and integration of newly acquired businesses. PAT for the quarter scaled to Rs. 127.9 Crores as compared to Rs. 87.2 Crores reported in Q3FY24, a growth of 46.7% YoY. Post acquisitions done in FY25, the company’s net cash balance stood at Rs. 690 Crores as of 31st December 2024. The company’s Revenue from Operations ...

by Priya Jadhav  Mumbai, 24th January 2025: LIC Mutual Fund, one of the reputed fund houses in India, is launching LIC MF Multi Asset Allocation Fund, an open-ended scheme investing in equity, debt and gold. The New Fund Offer (NFO) will open on 24th January 2025 and close on 07th February 2025. The investment objective of the scheme is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, debt and money market instruments and units of gold Exchange Traded Funds (ETFs). The benchmark of the scheme is a combination of 65% Nifty 500 TRI + 25% Nifty Composite Debt Index + 10% price of domestic gold. Mr. Nikhil Rungta, Mr. Sumit Bhatnagar and Mr. Pratik Shroff will be the Fund managers of the Scheme. The scheme will reopen for continuous sale and repurchase on 18th February 2025. Commenting on the NFO, Mr. R.K. Jha, Managing Director & Chief Executive Officer of LIC Mutual Fund Asset Management Ltd., said: “The ...