Posts

“Strengthening the Circular Textile Economy”: Hon’ble Union Minister of Textiles, Giriraj Singh Applauds ReFiber–Textile Recovery Facility Partnership for Digital Collection of Used Clothes

By -
Image
Mumbai, August 2026: ReFiber, a technology-enabled post-consumer textile collection and recovery company powered by OterRi, has entered into a Letter of Intent (LoI) with the Textile Recovery Facility (TRF), Belapur, Navi Mumbai, to strengthen technology-led digital collection of used clothes and build more structured pathways for post-consumer textiles to enter the recovery ecosystem. The LoI was signed on behalf of ReFiber by Mr. Manoj Wanvari, COO, ReFiber, powered by OterRi. The signing, held in the presence of Shri Giriraj Singh, Hon’ble Union Minister of Textiles, and Ms. Vrunda Manohar Desai, Textile Commissioner, marks an important step in ReFiber’s continued efforts to strengthen the first mile of textile circularity, the organised collection of post-consumer textiles and their movement towards repurposing, upcycling and recycling. The LoI signing took place at the Textile Recovery Facility in Belapur alongside the inauguration of the Mati thrift store, an initiative under Pun...
Post a Comment
Read more

Lumino Industries Limited Raises Rs 206.99 Crore from Anchor Investors

By -
Mumbai, August 25, 2026: Lumino Industries Limited, which is a product-driven integrated engineering, procurement and construction (EPC) player in India, has garnered Rs 206.99 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Thursday, August 27, 2026.   The company informed the bourses that it allocated 25,243,901 equity shares at Rs 82 per share to anchor investors.   Some of the marquee institutions that participated in the anchor include Citigroup Global Markets Mauritius Private Limited, SBI General Insurance Company Limited, Bajaj Life Insurance Limited, Silver Stride India Global Fund and 3PIM India Equity (IFSC) Fund, amongst others.   Amongst equity-oriented schemes, the company has allocated shares to HDFC Large and Mid Cap Fund, Motilal Oswal Large Cap Fund and Kotak Mahindra Trustee Co Ltd A/C Kotak Manufacture In India Fund, amongst others.   Out of the total allocation of 25,243,901 equity shares ...
Post a Comment
Read more

Protein, Simplified: 6 Things Worth Knowing About Horlicks Protein Before You Add It to Your Day

By -
Protein has become a bigger part of everyday nutrition conversations, but choosing a protein option doesn’t have to be complicated. How much protein do you need? Does the source matter? What makes one protein different from another? And what exactly is fermented yeast protein? But there is another nutrient that deserves a place in the conversation too: fibre. Protein and fibre play different roles in the body, but both are important parts of everyday nutrition. So, before you focus only on the protein number, here are six things worth knowing. 1. Protein isn’t just for gym goers Protein is often associated with workouts, muscle building, and fitness goals. But you don’t need gym membership to need protein. Protein provides essential amino acids needed for muscle maintenance, repair, and everyday functioning. Fibre, meanwhile, is also an important part of everyday nutrition and supports gut health. This applies to women too. Whether your day involves work, commuting, caregiving, or simp...
Post a Comment
Read more

Rochester Institute of Technology Brings Its First Student Innovation Program, Global Scholar Quest, to India; Rewards Young Problem Solvers at Grand Finale

By -
Image
RIT’s inaugural GSQ India chapter culminates in Mumbai with Rs. 1,00,000 cash prize and USD 50,000 scholarship pool; Grade 11–12 students compete on innovation, problem solving and original thinking Mumbai, Rochester Institute of Technology (RIT) has concluded the inaugural India chapter of Global Scholar Quest (GSQ), its first global student innovation program, with a Grand Finale at Sofitel, BKC, Mumbai. The winning team received seed capital of USD 50,000 RIT scholarship pool along with a cash prize of Rs. 1,00,000, to serve as seed capital for their ideas. Three Rising Star Awards were also presented in recognition of standout student contributions. Conducted through nomination only, the program brought together high-potential Grade 11 and 12 students from leading International Baccalaureate (IB), Cambridge and Indian board schools for a four-level journey that assessed how they identify problems, develop ideas and build solutions rather than how they perform in examinations. The ...
Post a Comment
Read more

ESDS Software Solution Limited’s Initial Public Offering to Open on 28 August 2026, Price Band set at Rs 408 – Rs 429 Per Equity Share of face value of Rs 1 each

By -
Image
Price band of Rs 408 – Rs 429 per Equity Share bearing face value of Rs 1 each (“Equity Shares”) Bid/Issue Opening Date – 28 August 2026 and Bid/Issue Closing Date – 1 September 2026 Minimum Bid Lot is 34 Equity Shares and in multiples of 34 Equity Shares thereafter   Mumbai, 25 th August, 2026 : ESDS Software Solution Limited (the “Company”) has fixed the price band of Rs 408 /- to Rs 429 /- per Equity Share of face value Rs 1/- each for its initial public offer.   The Initial Public Offering (“IPO” or “Issue”) of the Company will open on 28 August, 2026 for subscription and close on 1 September 2026.   Investors can bid for a minimum of 34 Equity Shares and in multiples of 34 Equity Shares thereafter.   Equity shares outstanding pre-Issue 100,427,753 equity shares of Rs 1 each.   The IPO is a fresh issue of up to Rs7,200.00 million. Incorporated in 2005, the company is an AI-enabled cloud, managed services, data centre infrastructure and software solutio...
Post a Comment
Read more

Blockbuster listing - Lalithaa Jewellery Mart Limited’s IPO

By -
Image
Blockbuster listing - Lalithaa Jewellery Mart Limited’s IPO lists at Rs 265.3 on the exchange, reaches a high of Rs 274.4 on NSE August 24, Mumbai: Shares of Chennai-based Lalithaa Jewellery Mart Limited, which is a jewellery retailer operating under the brand name Lalithaa and caters to southern jewellery markets, listed at Rs 265.3 on the exchange, a premium of 32% to IPO price.  The scrip reached a high of Rs 274.4 on the NSE, and Rs 274.3 on the BSE. The scrip closed at Rs 248.4 on the BSE and Rs 248.44 on NSE.  As per NSE, the total quantity traded stood at 990.42 lakh shares, on BSE the total Quantity stood at 88.21 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 2,841.3 crore. The Market Capitalisation of the Company at today’s closing price stood at Rs 13,903.19 crore as per BSE and Rs 13,942.37 crore as per NSE. The issue received bids of3,95,22,17,604 equity shares against the offered 6,27,61,403 equity shares, according to data available on the stock exch...
Post a Comment
Read more

Tempsens Instruments (India) Ltd’s IPO Gets Overwhelming Response; Subscribed 184.07 Times on Final Day

By -
Mumbai, August 24, 2026: The Initial Public Offering of Tempsens Instruments (India) Limited IPO was subscribed 184.07 times on the final day of bidding.   The issue received bids of 2,79,44,52,850 equity shares against the offered 1,51,81,667 equity shares, according to data available on the stock exchanges.   Retail Portion and Non-institutional investors portion were subscribed 60.69 times and 314.44 times, respectively. Qualified Institutional Buyers (QIB) was subscribed 302.88 times whereas employee reserved portion was subscribed 124.95 times.   Company Information The company is a thermal engineering and specialised cable manufacturer, engaged in the design and manufacture of customized temperature sensing solutions, electrical heating solutions and specialised cables.   According to the F&S Report, the company is the largest manufacturer of contact and non-contact temperature sensors in India in terms of revenue as of March 31, 2026, with a market share o...
Post a Comment
Read more