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Company / Daily Excelsior

Sangeetha Gadgets to cross 1,000 stores in FY26

NEW DELHI, Feb 22:Bengaluru-headquartered homegrown mobile and smart gadget retail chain Sangeetha Gadgets on Saturday announced that it will cross the 1,000-stores mark in 2025-26 from the existing 800 across the country. With a strong presence across south India, the brand is now gearing up to further expand in Maharashtra, Goa, and other states, ensuring its services and innovative consumer solutions reach an even wider audience, the company said in a statement. As per the statement, Sangeet

22 Feb 2025 3:51 pm
Epigral targets 20 pc annual growth, expects to more than double revenue by FY28

MUMBAI, Feb 22:Specialty chemicals major Epigral Ltd aims to grow at an annual growth rate of 20 per cent and is poised to more than double its revenue by FY2028, a top company official said on Saturday. Sustained demand for derivative and specialty products as well as doubling of production capacity will act as key catalysts for the overall revenue growth, Epigrals Chairman and Managing Director, Maulik Patel said in a statement. The companys consolidated revenue for 2023-24 stood [] The post

22 Feb 2025 3:49 pm
SEBI mulls framework for fast track follow-on offer by REITs, InvITs

NEW DELHI, Feb 20:Markets regulator SEBI on Thursday proposed a framework for undertaking fast-track follow-on offers by REITs and InvITs to make fundraising more efficient. Additionally, the regulator has proposed a lock-in provision of three years for preferential issue of units of REITs ((real estate investment trusts) and InVITs ((infrastructure investment trusts) allotted to sponsors. The Securities and Exchange Board of India (Sebi) has sought public comments by March 13 on the proposals.

20 Feb 2025 4:55 pm
Aurobindo Pharma to commence supplies to Europe from China plant in April

NEW DELHI, Feb 16: Aurobindo Pharma will commence supplies to Europe from its China facility from April onwards, according to Chief Financial Officer Santhanam Subramanian. The Hyderabad-based drug maker commenced operations at the facility in the last week of November 2024 and is now ramping up the production. The China plant will start billing sometime in the month of April, mainly to the European markets, Subramanian told analysts in a call. The company has received European regulatory appro

16 Feb 2025 12:15 pm
Mcap of eight of top-10 valued firms tumbles Rs 2 lakh cr; Reliance biggest laggard

New Delhi, Feb 16: The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. In the past eight trading days, the BSE benchmark has tumbled 2,644.6 points or 3.36 per cent, and [] The post Mcap of eight of top-10 valued firms tumb

16 Feb 2025 12:04 pm