Surat (Gujarat) [India], July 16: ArcelorMittal Nippon Steel India (AM/NS India) today announced the commissioning of a new, state-of-the-art Continuous Galvanising Line (CGL) at its flagship plant in Hazira, Gujarat. This development establishes AM/NS India as the only company in India with a modern CGL line capable of producing Advanced High-Strength Steel (AHSS) with strength levels up to 1180 megapascals (MPa) – essential for exceptional safety, durability, and sustainability for evolving automotive applications. This commissioning also marks a significant move for the company, which has been strategically implementing an ambitious Rs.60,000-crore expansion project to develop upstream, downstream, and other enabling…
Author: PNN Newsdesk
Chennai (Tamil Nadu) [India], July 15: Phantom Digital Effects Limited (NSE: PHANTOMFX), one of India’s fastest-growing and globally recognized VFX studios, is pleased to announce the successful completion of its Qualified Institutions Placement (QIP). The company has raised ₹59.99 Crore through the issuance of 23,43,600 equity shares at ₹256 per share (including a premium of ₹246 per share), reflecting a discount of 4.78% (i.e. Rs.12.85/- per Equity Share) to the floor price of ₹268.85 per share. This fundraise comes at a transformative time for PhantomFX, as it accelerates strategic investments across creative infrastructure, talent acquisition, and international operations, including its…
Bengaluru (Karnataka) [India], July 16: Oben Electric, India’s leading homegrown and R&D-driven electric motorcycle manufacturer, has announced the availability of its widely popular city commuter electric motorcycle, Rorr EZ, on Amazon. The move marks a significant step in Oben Electric’s strategy to leverage e-commerce as a growth engine for scaling EV adoption across India. With this launch, Oben Electric combines the scale of e-commerce with the trust of an established platform to make EV ownership more accessible, especially for digitally native and first-time EV buyers. The Rorr EZ is now available for booking on Amazon in two variants, 3.4 kWh and 4.4…
New Delhi [India], July 15: In 2017, two young men, Animesh Verma and Prakhar Ashok Mahore, met in college. They were not just classmates; they quickly became best friends. Both were from a software background, but what brought them even closer was something beyond studies — a deep and natural love for travel. College life was full of pressure, exams, and responsibilities, but whenever they had the chance, they would pack their bags and leave for short trips. Whether it was the calm of the hills or the charm of an unexplored village, they found peace and joy in traveling.…
New Delhi [India], July 16: Laundrywala, one of India’s fastest-growing professional laundry and dry cleaning service brands, is redefining how modern India approaches garment care. With over 30+ outlets in 20+ cities, the company is building a presence in the organized laundry sector with a focus on technology, hygiene, and scalable franchise growth. Laundrywala offers professional services such as dry cleaning, daily laundry, ironing, and doorstep pickup and delivery. Its mission is to provide hygienic, affordable, and tech-enabled cleaning solutions tailored to the lifestyle of urban and semi-urban consumers. Organized Laundry for a New India In a sector largely dominated…
Indore (Madhya Pradesh) [India], July 16: A groundbreaking advancement in the treatment of blood disorders has emerged from Advanced Homoeo Health Center and Homeopathic Medical Research Pvt. Ltd., located at Geeta Bhawan, Indore. Under the leadership of Dr. A.K. Dwivedi, a senior homeopathic physician, member of the Scientific Advisory Board (CCRH), Ministry of AYUSH, Government of India, and Executive Council Member at Devi Ahilya Vishwavidyalaya, Indore, a revolutionary approach in homeopathy is offering renewed hope for patients battling rare and life-threatening conditions like Immune Thrombocytopenia (ITP), Aplastic Anemia, and Myelodysplastic Syndrome (MDS). A compelling success story has captured medical attention: 7-year-old Ayushmann Singh from Azamgarh, Uttar Pradesh,…
Lucknow (Uttar Pradesh) [India], July 16: Renowned entrepreneur, philanthropist, and ex-Indian Air Force serviceman Abhishek Kumar Tripathi once again chose compassion over extravagance as he celebrated his birthday today in a spiritually uplifting and heart-touching way. Marking another year of his inspiring journey, Tripathi spent the day with the children of a local Gurukul and the revered cows of a nearby Gaushala, embodying his lifelong values of selfless service and devotion. A Celebration of Compassion at the Gurukul Rather than hosting a lavish party, Abhishek Kumar Tripathi visited a Gurukul, a traditional place of learning rooted in Indian culture and values. There, he arranged…
Chennai (Tamil Nadu) [India], July 15: Phantom Digital Effects Limited (NSE: PHANTOMFX), one of India’s fastest-growing and globally recognized VFX studios, is pleased to announce the successful completion of its Qualified Institutions Placement (QIP). The company has raised ₹59.99 Crore through the issuance of 23,43,600 equity shares at ₹256 per share (including a premium of ₹246 per share), reflecting a discount of 4.78% (i.e. Rs.12.85/- per Equity Share) to the floor price of ₹268.85 per share. This fundraise comes at a transformative time for PhantomFX, as it accelerates strategic investments across creative infrastructure, talent acquisition, and international operations, including its…
Mumbai (Maharashtra) [India], July 15: Cupid Limited, (BSE – 530843, NSE – CUPID), Cupid Limited, India’s premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG Products, is pleased to announce a strategic investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII). GII Healthcare Investment Limited holds a significant minority equity stake in a prominent healthcare provider based in Saudi Arabia, GII is a leading investment firm with assets under management exceeding US$ 3.5 billion with…
New Delhi [India], July 15: Despite being the fifth-largest producer of soybean globally, India uses most of its crop for oil extraction, exporting the high-protein residue as low-value animal feed.