Category Archives: Business

NKN Media launches Falcons of Majlis UAE’s Biggest Startup funding show that redefines the startup ecosystem

New Delhi, May 23: NKN Media, a global conglomerate, recently launched Falcons of Majlis – a new age startup funding show to be hosted in the UAE. With Suniel Shetty as Mentor & Majlis Authority and Chitrangada Singh as the show Host, the shooting of the show is slated to begin soon. Rooted in the cultural significance of the Majlis, the show is all about reinventing funding for startups and bringing more clarity and purpose to the ecosystem.

Falcons of Majlis introduces a more grounded perspective, one that prioritises access, trust, and long-term value. It signals a shift not just in format, but in the mindset too. The show embodies the ethos – that in markets like the UAE, success is not about being seen by everyone, but being trusted by the right few. NKN Media helmed by Mr Abdul Majid Khan has been making waves with its multiple IPs such as the Icons of UAE, Ultimate Realty Award, and the Dubai Property Expo held in Dubai, Singapore and London. Falcons of Majlis is the new feather in the cap, and with registrations filling up fast, the platform is already creating impact in the entrepreneur and business community. The show will be hosted across multiple channels in UAE and India besides being screened on the OTT for wider reach and impact.

Mr. Abdul Majid Khan, Group CEO & MD, NKN Media says, “It gives me immense pleasure to see the attention that Falcons of Majlis is getting from startup founders, business leaders and big corporate houses. We genuinely believe in bringing great ideas to the table, and help startup founders meet the right mentors, paving a way for great success stories. And our role does not end with facilitating funding alone, we aspire to see long lasting relationships among all our stakeholders, with a goal of building a thriving community of entrepreneurs and mentors.”

Renowned actor and entrepreneur, Suniel Shetty, who is the official mentor for Falcons of Majlis says, “In the startup ecosystem, there is a lot of focus on visibility, but very little on intent, and this is what we plan to fix in Falcons of Majlis. Here the focus is on asking whether a founder is truly ready to build something meaningful, and not just raise capital. The ‘Ticket to Majlis’ is not a reward, it’s a responsibility. It represents trust, and the belief that a founder deserves to be in rooms where real decisions are made.”

NKN Media has successfully been organizing the Dubai Property Expo in Dubai, Singapore and London for two consecutive years. With participation from leading real estate developers at all locations, the Expos have a great success rate with multiple deals closing on the table. This year the brand is scheduled to host a first-of-its-kind International Property Expo in New Delhi, An exclusive opportunity for the Indian consumer, the Expo will have world-class developers from around the world under one roof. 

NEEV Foundation launches ‘Iss Garmi, Farq Nazar Aayega’ summer relief campaign across six states

New Delhi, May 23: With temperatures breaching 45°C across large parts of India, NEEV Foundation has mounted a large-scale summer relief campaign, “Iss Garmi, Farq Nazar Aayega,” targeting outdoor workers, the general public, stray animals and birds bearing the brunt of this season’s extreme heat. The initiative is being rolled out across six states including Rajasthan, Gujarat, Madhya Pradesh, Uttar Pradesh, Haryana and Maharashtra.

NEEV Foundation is deploying 60 relief vans to distribute clean, cold drinking water at high-footfall public areas and directly to those working long hours in the open, including traffic police personnel, delivery executives, construction workers, street vendors and autorickshaw drivers. Alongside water, the vans will distribute ORS pouches and protective caps to counter heat exposure and help replenish minerals lost to excessive perspiration.

Acknowledging that the crisis extends beyond human welfare, the foundation has installed water tanks for stray animals and placed bird feeders and water trays across multiple locations. The campaign is anchored in a simple idea of access and empathy. As the foundation describes it: “The thirsty always come to the well. This summer, we decided to take the well to the thirsty.”

Speaking on the initiative, Mr. Vivek Patni, Director – Wonder Cement and founder of Neev Foundation said, “India’s summers are becoming increasingly harsh for people who spend most of their day outdoors. Through this campaign, we wanted to create immediate, accessible relief for those who keep our cities functioning despite extreme weather conditions. Sometimes the most meaningful interventions are also the simplest, whether it is offering a glass of water, a moment of shade or basic support during difficult conditions.”

He added, “NEEV was founded on the belief that social responsibility begins with showing up for people when they need support the most. We hope this campaign also encourages citizens to participate in small acts of care, from keeping water outside homes for birds and stray animals to supporting delivery personnel and outdoor workers during peak summer hours. Collective action often begins with individual awareness. Sometimes, a small beginning brings a big change and starts a revolution.”

The campaign carries a deliberate public mobilisation intent, seeking to deepen community participation in heat relief at a time when rising temperatures are emerging as a sustained challenge across urban and rural India.

The seasonal effort is part of a broader development mandate. NEEV Foundation’s Rural Development Centre in Nimbahera anchors its long-term work, which spans skill development for women under the Hunar programme, community infrastructure through Sanrachna, educational support under Udaan, healthcare outreach through Arogyam and sustainability initiatives under Eco Green.

With “Iss Garmi, Farq Nazar Aayega,” the foundation seeks to demonstrate a point that is straightforward but easy to overlook during a crisis: directed compassion, deployed at scale, can produce tangible relief for those most exposed to India’s harshest summer in recent years.

ICAI Inaugurates second edition of Digital Transformation Finance Summit 2026

Qualys Achieves FedRAMP High Authorization for TotalCloud, Extending Protection to Cloud Workloads in its Government Platform

SKF India (Industrial) Unveils Next-Generation Solutions to Solve Modern Industry’s Reliability and Energy Efficiency Challenges

Pune, India | May 22: SKF India (Industrial) (NSE: SKFINDUS | BSE: 544572), India’s leading product and solutions provider for industrial applications, unveiled a suite of products & solutions that are having better efficiency, high performance and reliability in demanding Industrial applications. Launched at the SKF Tech Day 2026, these solutions address the critical ‘Three Pillars of Modern Industry’: energy efficiency, maximum uptime, and resilience in extreme environments.

As industrial sectors face stricter Minimum Energy Performance Standards (MEPS) and rising operational costs, SKF India (Industrial)’s latest innovations provide strong solution addressing the decarbonization issue and reduced Total Cost of Ownership (TCO).

Key Launches:

About SKF VA9A1 SRBs:

Designed for demanding operating conditions and harsh environments in low-speed applications across industries such as mining, cement, and power generation, the VA9A1 SRB series helps customers eliminate the “big three” industry challenges: premature wear, lubrication failure, and the high cost of unplanned downtime.

With 8% additional internal space, this allows for higher grease retention, keeping operations running longer between service intervals.

About SKF AEM DGBBs:

With industrial motors consuming nearly 40% of the world’s electricity, efficiency isn’t just a goal- it’s competitive necessity. SKF AEM are the high-performance duo for small and medium motors, engineered to turn energy waste into operational savings.

It comes with an energy-efficient deep groove ball bearing (DGBB) designed for motor applications, SKF AEM enables up to 25% reduction in bearing friction and up to 2x increase in bearing life.

By improving energy efficiency and durability, the solution helps customers lower energy consumption, reduce maintenance interventions, and optimize total cost of ownership.

About SKF CeraDrive DGBBs:

CeraDrive is an advanced DGBB designed with ceramic rolling elements that eliminate up to 99% electrical erosion caused by stray currents in VFD-driven motors. Approximately 30% lighter than traditional insulated bearings, the solution enables cooler operation at higher speeds while improving reliability and motor protection.

Designed for modern industrial environments, CeraDrive helps customers improve energy efficiency, minimize motor failures, and reduce unplanned downtime in critical operations.

About SKF SDVD housings:

Another key product featured was the SDVD housing series, developed for high-performance material handling applications where stability, sealing protection, and ease of maintenance are critical for customers operating in harsh environments.

The solution combines optimized bearing seat geometry for enhanced stability, advanced Taconite sealing for superior contamination protection, and bolt-end covers for simplified servicing, helping customers improve uptime, streamline maintenance, and enhance operational efficiency even in remote applications.

Reinforcing SKF India (Industrial)’s focus on intelligent, sustainable manufacturing, Sanoj Somasundaran, CTO, SKF India (Industrial) & Director, Technology Development, ISEAM (India, SE Asia, Middle East), said, “For us, at SKF India (Industrial), four key levers are driving our transformation. Energy efficiency, Sustainability, Digitalization & regional ecosystem for product applications & product development that enables us to be more customer centric.

The products we unveiled at SKF Tech Day 2026, fulfils our ambition to serve the customers better. Our propositions showcased at the event included VA9A1, AEM, CeraDrive, 4RTRB, Lubrication pump, Aptitude Insight and SDVD series. These products and solutions are focused on addressing efficiency, performance & reliability in demanding industrial applications which are key for our customers.”

Girish Hanchate, Director – Industrial Market, India, SKF India (Industrial) Limited said, “India’s industrial landscape is at a pivotal point where efficiency and sustainability are competitive necessities. Our customers are under constant pressure to do more with less – less energy, less downtime, and fewer maintenance interventions. With the launch of VA9A1 series, CeraDrive, SDVD series, we are moving beyond being a component supplier and to becoming a partner to customers in solving their problems by leveraging SKF’s legacy of bold innovation. These solutions are likely to become industry benchmarks as the country moves towards energy efficient operations.”

Driving the Future of Heavy Industry

As industries accelerate their decarbonization and electrification journeys, mitigating electrical erosion and maximizing efficiency, are becoming essential to achieving reliable, long-term performance. SKF India (Industrial)’s latest innovations are engineered to bridge this gap, enabling customers to protect critical assets and optimize energy use without compromising on reliability, providing the foundation for a more sustainable and high-performance industrial future.

Bhooter Raja Dilo Bor Inaugurates Its 19th Outlet in Bengaluru’s Koramangala Amid Grandeur and Cultural Celebration

Bangalore: The grand inauguration of the 19th outlet of Bhooter Raja Dilo Bor was successfully held in Koramangala, marking a significant milestone in the brand’s continued expansion.

The evening was graced by renowned personalities including actor and singer Ambarish Bhattacharya, actor, director, and singer Anirban Bhattacharya, and acclaimed artist Sreenanda Shankar, whose presence added to the celebratory spirit of the occasion.

The inauguration ceremony, illuminated with traditional lamps, reflected a vibrant blend of culture, music, and celebration. The guests of honour marked the occasion with heartfelt interactions and engaging performances, creating a memorable evening for all attendees.

Speaking on the occasion, Mr. Rajib Paul, the driving force behind the brand, shared his vision of bringing the rich culinary heritage of Bengal to audiences across India and beyond. His continued commitment to authenticity and innovation has been instrumental in the brand’s growing success.

Bhooter Raja Dilo Bor is not just a restaurant; it is an emotion deeply connected to Bengal’s culture, nostalgia, and flavours. With every new outlet, our vision is to bring people closer to authentic Bengali culinary experiences while preserving the warmth and spirit of our heritage,” said Rajib Paul.

Inspired by the imaginative worlds of Bhooter Raja and Shundi Raja, the new outlet in Koramangala has been thoughtfully designed to reflect the charm, warmth, and cultural essence of Bengal.

With this launch, Bhooter Raja Dilo Bor continues its journey of celebrating authentic flavours and warm hospitality, welcoming food lovers from all backgrounds to experience its distinctive culinary offerings.

The brand looks forward to strengthening its presence and continuing its growth across new markets in the coming years.

AD Ports Group Establishes Consolidated Multimodal Inland Logistics Network to Strengthen UAE Industrial Supply Chains

Abu Dhabi, UAE – 22 May 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, logistics and industry, announced the establishment of a consolidated, multimodal inland logistics network of rail-linked dry ports and cargo depots, including KEZAD Group’s Industry City of Abu Dhabi (ICAD). This network will position Khalifa Port and Fujairah Terminals as dual gateways for the UAE industry, while strengthening the movement of industrial cargo across the UAE and the wider region.

In support of this effort, the Group signed Memoranda of Understanding (MoUs) with four leading UAE manufacturers, Emirates Global Aluminium (EGA), EMSTEEL Group, Al Ghurair Iron & Steel, and Tenaris, positioning them as anchor industrial cargo clients of AD Ports Group’s rail-linked inland logistics network.

The network aims to facilitate the efficient movement of industrial inputs, finished goods and strategic cargo across the UAE. It will connect Khalifa Port and Fujairah Terminals to rail-linked inland dry ports, ICAD, and cargo depots across the UAE, creating a more integrated logistics backbone that supports seamless flows between production sites, inland markets and regional trade corridors.

Designed to enhance supply chain performance, the network will enable more reliable inbound flows of industrial feedstock and raw materials to UAE manufacturers, whilst offering greater flexibility for outbound distribution of finished and semi-finished goods, through multiple inland and gateway options, strengthening corridor resilience, reducing reliance on single gateways, and improving access to the UAE and regional markets. 

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said: “Through establishing a consolidated, multimodal inland logistics network, anchored by the UAE’s leading industrial champions, we aim to further strengthen the UAE’s industrial logistics backbone. This network will connect Khalifa Port and Fujairah Terminals to a rail-linked network of inland dry ports and cargo depots, enhancing commercial use of the UAE’s national rail infrastructure. It will also provide improved access to industrial inputs, greater export flexibility, and long-term competitiveness for national supply chains, in line with the vision of our wise leadership.”

By strengthening inland cargo connectivity between ports, industrial zones and end markets, the consolidated network will support the UAE’s industrial growth agenda, improving trade corridor optionality for strategic cargo across the UAE and the wider region. Its benefits will extend to manufacturers and industries across KEZAD and other UAE industrial sectors, enabling more efficient access to raw materials and streamlined export of finished goods through Khalifa Port and Fujairah Terminals as key gateways.

Page Industries Limited delivers 14.1Percent revenue growth with 9 Percent PAT growth

Chandigarh, May 22 : Page Industries Limited, manufacturer, today announced its financial results for the fourth quarter and annual year ended March 31st, 2026.

Key Financial Highlights for Q4 FY 26:
·         Sales volume grew 10.8% YoY, amounting to 54.5 million pieces

·         Revenue at Rs. 12,526 million, a 14.1% increase YoY

·         EBITDA was Rs. 2,605 million- growth of 10.7% YOY.

·         Profit After Tax (PAT) at Rs. 1,787 million, growth of 9% YOY

Key Financial Highlights for FY26 :
·         Revenue at Rs. 52,468 million, growth of 6.3% YoY

·         EBITDA was Rs. 11,529 million, growth of 8.5% YoY

·         PAT was Rs. 7,638 million, growth of 4.8% YoY

Commenting on the results, Mr. V.S. Ganesh, Managing Director, Page Industries Limited said,

“We are pleased to report a strong quarter marked by healthy growth in both revenue and profitability. Our focus to continuously enrich product features and portfolio, together with high standards of consumer experience have contributed to strengthen our market position. Encouraging demand trends across all distribution channels during the quarter also supported robust volume-led revenue growth.

Outlook and Trends:

With positive consumer sentiments , sustained modernisation of retail and a resilient economy, we are confident of sustaining the growth momentum. While inflationary pressures on key input costs, particularly cotton, continue to persist, we are well-positioned to manage these challenges through strategic sourcing initiatives, supply chain optimisation, operational efficiencies, and calibrated pricing actions.”

Al Barari luxury villa leased for record AED14 million over two years

fäm Properties deal sets new benchmark in one of Dubai’s most exclusive communities

Dubai, UAE, May 22: A luxury villa in Al Barari has been leased for a record AED 14 million over two years, marking the highest rental transaction ever recorded in one of Dubai’s most exclusive residential communities.

The landmark deal was secured by fäm Properties for a 14,500 sq ft five-bedroom residence within The Collection at Al Barari. Originally purchased for AED 54 million, the villa is generating a yearly rental yield of 12.8%.

At AED 7 million annually, the agreement surpasses the previous Al Barari rental record of AED 4.8 million per year by 46%, as confirmed by DXBinteract data.

“This transaction reflects the continued depth of demand within Dubai’s ultra-prime segment, particularly for highly curated, lifestyle-driven residences where quality and exclusivity outweigh conventional market parameters,” said Firas Al Msaddi, CEO of fäm Properties.

“It underlines the strength and resilience of the market, and Dubai’s position as one of the world’s leading destinations for wealthy individuals who want this to be their home.”

The villa sits on a 16,000 sq ft plot and features a design centred on privacy, wellness and resort-style living. It includes open-plan formal and informal living areas, a private study with direct lift access, a landscaped garden with pond feature, a fully equipped gym overlooking the pool, and a dedicated wellness pavilion.

The tenant, a Brazilian ultra-high-net-worth individual, was seeking a highly specific lifestyle environment. The deal was brought together by Ana Carolina Oliveira, a Brazilian-born fäm Properties property advisor with nearly a decade of experience in Dubai real estate.

Her long-standing relationships within this segment, combined with cultural familiarity and market access, played a central role in identifying and securing the property.

At the time of search, available rental inventory in Al Barari, including properties above AED 3 million annually, did not meet the tenant’s requirements in terms of architecture, privacy and wellness-led design.

This resulted in a shift away from conventional rental listings towards trophy villas originally positioned for sale in the AED 100 million range, where the required specification was more readily available.

Over a two-month period, off-market discussions were conducted with multiple owners to explore long-term leasing structures for homes not originally intended for rental use.

Driving Inclusive Growth: India Inclusive Summit 2026 Convenes National Stakeholders

New Delhi, May 22: The National Association for the Blind (NAB Delhi) successfully hosted the India Inclusive Summit 2026 at Silver Oak, India Habitat Centre, New Delhi, bringing together policymakers, corporate leaders, accessibility experts, technology innovators, and members of the disability community to discuss the future of accessibility and inclusive development in India.

Organized by NAB Delhi with Knowledge Partner Tatsat Foundation, and in partnership with the Department of Empowerment of Persons with Disabilities (DEPwD), Ministry of Social Justice & Empowerment, Government of India, HCL Tech, HCL Foundation, and United Way of Delhi, the summit created a collaborative platform to address key issues around digital accessibility, inclusive workplaces, accessible technology, and empowerment of persons with disabilities (PwDs).

The summit commenced with an inaugural ceremony featuring a welcome address and context-setting by Mr. Prashant Ranjan Verma, General Secretary, NAB Delhi. A short film showcasing NAB Delhi’s initiatives and its ongoing efforts towards empowering visually impaired individuals through accessibility, education, training and advocacy, was also screened during the opening session.

Speaking on the occasion, Mr. Prashant Verma, General Secretary, National Association for the Blind (NAB Delhi) said, “India Inclusive Summit 2026 was envisioned as a platform to bring together diverse stakeholders to drive meaningful conversations around accessibility, inclusion, and empowerment. The summit reflects our commitment to ensuring that accessibility becomes an integral part of policy, technology, workplaces, and everyday experiences for persons with disabilities.”

One of the key highlights of the event was the presentation of the Inclusive India Awards 2026, recognizing institutions, implementation agencies, and individuals for their exceptional contribution towards promoting accessibility and inclusion in society. Microsoft received the Best Institution Award for making their Windows Operating system inclusive and accessible for all, including persons with disabilities. Mumbai based company BarrierBreak received the Inclusive India Award, in the Best Service Provider category while the Best Individual award was given to the blind lawyer and accessibility expert Amar Jain.

The event was graced by Chief Guest Ramdas Athawale, Minister of Social Justice and Empowerment, Government of India, who emphasized the importance of creating equal opportunities and strengthening accessibility initiatives across sectors.

On this occasion, Ramdas Athawale said, “India’s progress must be inclusive and accessible for all citizens. The government remains committed to promoting equal opportunities, accessible infrastructure, digital inclusion, and empowerment of PwDs. Platforms such as the India Inclusive Summit play an important role in encouraging dialogue, innovation, and collective action towards building a more inclusive nation.”

The summit featured multiple keynote presentations and panel discussions focused on strengthening India’s accessibility ecosystem. A keynote session by the Microsoft Windows Narrator Team highlighted the growing role of assistive technologies and accessible digital experiences in enabling greater independence for PwDs.

A major discussion during the summit centered around ‘Policy to Practice: India’s Digital Accessibility Landscape’, where accessibility experts and policy leaders discussed India’s evolving legal frameworks, implementation challenges, and the need for stronger adoption of accessibility standards across digital platforms. The session also explored how public and private stakeholders can work together to ensure that accessibility commitments translate into meaningful and inclusive user experiences.

The session on ‘Accessibility as Business Strategy’ highlighted how accessibility is increasingly being recognized as a driver of innovation, customer engagement, workforce diversity, and long-term business value. Industry leaders from technology, accessibility, and academic sectors shared insights on integrating accessibility into product development, workplace culture, and organizational strategy rather than treating it solely as a compliance requirement.

Another important discussion focused on the ‘Impact of Accessible ICT on Lives of PwDs’, where speakers shared how accessible information and communication technologies are transforming education, employment, communication, and independent living for PwDs. The session also showcased initiatives such as the Sugamya Bharat App, Shravan Audio Library, and Aditi AI, highlighting the role of technology-led innovation in improving accessibility and inclusion at scale.

The summit also featured a keynote presentation by Google on accessibility initiatives and inclusive design practices. The session highlighted how global technology companies are increasingly prioritizing accessible innovation to create digital products and experiences that are inclusive for all users.

The final session of the summit, ‘Corporate Action on Empowerment of Persons with Disabilities’, explored the role of the corporate sector in driving inclusive employment, accessible workplaces, skill development, and sustainable social impact initiatives.

Dr. Sumi Gupta, Director, Tatsat Foundation, added, “Accessibility is essential for equitable growth and social participation. It is through education, training and inclusion, can a person with disabilities achieve financial independence. Through this summit, we aimed to encourage stronger collaboration between government, industry, and civil society to ensure that innovation and development remain inclusive and accessible for everyone.”

The summit concluded with a conference summary and networking session, reinforcing a shared commitment among stakeholders towards advancing accessibility-led innovation and creating a more inclusive future for India.