Key Takeaways India’s e-commerce logistics sector remains crucial for the roughly $80 billion worth online retail sector, that has been growing about 21% year on year. Moving packages between warehouses, sellers and consumers has required large, integrated delivery firms that rely on technology platforms to spur growth. Shiprocket, one of these players, went public in August 2026 with a ₹1,617.48 crore IPO. The issue was subscribed about 99 times with the shares listed on August 19 at ₹131 on the NSE, 35.05% above the ₹97 issue price. The initial enthusiasm was considerable, although the stock subsequently cooled: on September 17…
Author: Abizar Attari
Abizar Attari
I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.
Bengaluru, October 26: Two-wheeler EV manufacturer Ather Energy reported a consolidated profit of ₹1.26 crore for the second quarter ended September 30, 2026 (Q2 FY27), driven by sustained demand. As a result, the company’s total income rose 62% year on year from the same period last year. With the demand for its scooters surging, the company’s board has approved a ₹122 crore plan to ramp up production at its existing Hosur facility along with its upcoming Chhatrapati Sambhajinagar, Maharashtra facility to reach 11.4 lakh units of production by Q2 FY28. The Bengaluru-based company’s Adjusted Gross Margins (AGMs) have improved 160…
Mumbai (Maharashtra) [India], October 23: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, has finalised two locations for its upcoming stores at Ghoti in Nashik district and Mangaon/Mahad in Raigad district, as part of its ongoing retail expansion plans. The proposed store at Ghoti will mark Patel Retail’s entry into Nashik district, a new geography for the Company. With this, its retail presence will extend across four districts: Thane, Raigad, Palghar and Nashik. The Company currently operates a network of 54 stores. The location at Mangaon/Mahad will further strengthen the Company’s presence in…
Kolkata (West Bengal) [India], October 23: Forcas Studio Limited (NSE: FORCAS), an asset-light, technology-enabled fashion company serving India’s mass-market apparel consumer through its brands FTX and TRIBE, has announced its unaudited financial results for the H1 FY27. Key Financial Highlights: H1 FY27: Total Income of ₹1,310.17 Mn, YoY growth of 56.4% EBITDA of ₹153.06 Mn, YoY growth of 72.6% EBITDA Margin of 11.74%, YoY growth of 115 Bps Net Profit of ₹99.91 Mn, YoY growth of 72.0% Net Profit Margin of 7.63%, YoY growth of 69 Bps Diluted EPS of ₹5.68, YoY growth of 72.1% Operational Highlights: Launch on Flipkart…
Australian Clean Energy Delegation at the Australia pavilion in REI Expo 2026 Greater Noida, (Uttar Pradesh) [India], October 23: A 32-member Australian clean energy delegation representing 21 Australian companies, led by the Australian Trade and Investment Commission (Austrade), is participating at the Renewable Energy India Expo 2026, being held from 22–24 October at India Expo Mart, Greater Noida. The Australian Clean Energy Delegation visit program is delivered by Australia’s Smart Energy Council and the Renewable Energy Council Asia Pacific (RECAP). It is also supported by the Australian Government’s Department of Climate Change, Energy, the Environment and Water; the Australian Government’s…
Gangaikondan, October 23: Solar energy solutions provider Vikram Solar Limited is on track to commission its solar cell production facility at SIPCOT Industrial Park, Gangaikondan, by December 2026. The plant, which will be commissioned in phases, is co-located at its existing module plant, which was inaugurated in August this year. With this development, Vikram Solar is aiming to become a leading integrated solar module manufacturer, with its Made In India cells helping us cut reliance on imports from China. At full capacity, the plant will supply high efficiency TOPCon cells to Vikram Solar’s module production, enabling it to supply Made…
Chennai, October 22: Intellect Design Arena Limited, a leading enterprise financial technology provider, has expanded its presence in the Middle East and North Africa (MENA) region with Egypt-based Jameel Finance adopting its eMACH.ai lending platform. This deployment will be used to cover Jameel Finance’s auto loans, consumer durables, two-wheeler financing and Buy-Now-Pay-Later (BNPL) offerings. Using this architecture, Jameel Finance will unify all its offerings on a single platform, allowing the Egyptian financier to shorten loan turnaround times, streamline customer support and automate credit decisions. This will include integrating third-party data ecosystems, credit scoring tools, and retaining merchant channels through Application…
New Delhi, October 22: Leading Indian news network New Delhi Television Limited (NDTV) has become the latest domestic client of media technology leader Amagi Media Labs for its AdFlow Orchestrator platform. With this, NDTV can optimize its ad inventory across the connected TV and free ad-supported TV (FAST) environments. By adopting this cloud-native tool, NDTV can maximise its ad yields and streamline its distribution workflows. Using this platform, NDTV can align its content to streaming platforms standards, which do not have long commercial breaks of about 15-18 minutes per hour for linear television feeds. The AdFlow Orchestrator restructures and conditions…
Mumbai, October 21: Global technology consulting firm LTM Limited (formerly LTIMindtree Limited) has launched BlueVerse ValueMesh. An AI-enhanced platform designed to help global enterprises adopt artificial intelligence across their Oracle digital infrastructure. This platform integrates AI delivery accelerators, domain-specific AI agents, and managed services into a single execution framework. The platform is aimed at assisting business organizations to transition from isolated experimental AI pilots towards full-scale operational adoption across their Oracle cloud environments. The platform brings three complementary AI layers- Enterprise AI, Business AI, and Industrial AI to help accelerate delivery and enterprise functions across the organization and beyond, into…
Hyderabad, October 21: Pharma major Dr. Reddy’s Laboratories Limited has secured the approval of the Drugs Controller General of India (DCGI)’s Central Drugs Standard Control Organisation (CDSCO) for its Zytorvi (toripalimab) drug to treat a variant of Esophageal cancer called esophageal squamous cell carcinoma (ESCC). This approval is supported by the results of the Phase 3 JUPITER-06 trial, where the drug, along with cisplatin and paclitaxel, reduced the risk of disease or death by 42% compared to chemotherapy alone. Esophageal cancer has been the fourth leading cause of cancer-related deaths in India, accounting for about 8.1% of all cancer deaths.…