Category Archives: Business

Anmol Industries Takes Center Stage at ISM Cologne 2025

New Delhi, 6th February 2025: Anmol Industries Limited (Anmol), a leading packaged food company, successfully participated in ISM Cologne 2025, the world’s largest and most influential trade fair for confectionery and snacks. Held from February 2nd to 5th, 2025, in Cologne, Germany, the prestigious event brought together top global industry leaders, innovators, and decision-makers from the sweets and snack sectors.

As part of its commitment to international expansion, Anmol Industries exhibited its extensive range of biscuits, cookies, and baked goods. The company’s participation reinforced its dedication to delivering high-quality products, expanding its global footprint, and strengthening its position in the international market.

ISM Cologne 2025 served as a pivotal platform for businesses looking to expand in the global confectionery and snack segment. This year’s edition featured over 1,500 exhibitors from 70 countries, presenting a comprehensive selection of chocolates, candies, biscuits, and snack products. The event provided a unique opportunity for attendees to explore emerging trends, product innovations, sustainable solutions, and market insights while fostering collaborations with key industry players.

For Anmol Industries, participating in ISM 2025 was a significant step towards building a stronger global presence. The company’s presence at the event highlighted its commitment to product excellence, consumer trust, and industry leadership.

Speaking about the company’s participation, Mr. Aman Choudhary, Executive Director – Marketing, Anmol Industries stated, “Being at ISM 2025 allowed us to present our wide range of biscuits and baked goods to a global audience, fostering new partnerships and strengthening existing relationships. The international market holds immense potential, and ISM 2025 was not just an exhibition for us—it was an opportunity to engage with industry experts, understand evolving consumer demands, and align our strategies with global trends. We truly appreciated welcoming visitors to our booth and sharing the unique Anmol experience with them.”

With a strong legacy in the FMCG industry, Anmol Industries has consistently delivered high-quality, delicious snacks that have won the hearts of millions. The company’s state-of-the-art manufacturing facilities, rigorous quality standards, and customer-centric approach have propelled it to become a preferred brand in the Indian and international markets.

Data Patterns reports Rs. 128 Cr Revenue with improved margin in Q3

Chennai, February 06, 2025: The Board of Directors at Data Patterns (India) Limited (NSE: DATAPATTNS | BSE: 543428), a strategic Defense and Aerospace Electronics Systems provider, today approved the limited review financial results for the quarter ended December 31, 2024.

Q3 (2024 – 2025)

• Total Revenue for Q3 decreased by 15% to Rs. 128.41 Cr in the quarter ended December 31, 2024, as compared to Rs. 150.81 Cr in the quarter ended December 31, 2023. The revenue from operations decreased by 16% in the corresponding period.
• Gross Margin increased from 68% in the quarter ended December 31, 2023, to 80% in the quarter ended December 31, 2024.
• EBITDA Margin for the quarter ended December 31, 2024, increased to 46% as compared to 43% in the corresponding quarter ended December 31, 2023. EBITDA decreased by 10%.
• PAT Margin improved to 38% for the quarter ended December 31, 2024, as compared to 37% for the quarter ended December 31, 2023. Profit After Tax (PAT) decreased by 12% to Rs. 44.66 Cr in the quarter ended December 31, 2024, from Rs. 50.97 Cr in the quarter ended December 31, 2023.

9 Months (2024 – 2025)

• The company’s total Revenue for the 9 months ended December 31, 2024, was less by 6% from Rs. 371.26 Cr for 9 months ended December 31, 2023, to 347.86 Cr for the corresponding period ended December 31, 2024. Revenue from operations decreased by 8% from Rs. 337.51 Cr to Rs. 312.14 Cr in the corresponding 9-month period.
• Operational EBITDA decreased by 2% from INR 128.60 Cr in the 9 months ended December 31, 2023, to INR 125.51 Cr in the corresponding 9 months ended December 31, 2024. EBITDA Margin increased by 2% from 38% for 9 months ended December 31, 2023, to 40% in the corresponding period ended December 31, 2024.
• Profit After Tax (PAT) decreased by 3% from Rs. 110.59 Cr in the 9 months ended December 31, 2023, to Rs. 107.73 Cr in the 9 months ended December 31, 2024. PAT Margin also increased by 1.75% from 32.77% to 34.51% in the corresponding period.

ORDER BOOK

• Orders on hand as of date – INR 1094.99 Cr
• Negotiation completed & yet to receive the order – INR 89.15 Cr
• Including orders negotiated converted into orders, the order book will be INR 1,184.14 Cr
• Order book as on April 01, 2024 was Rs. 1,083.07 Cr

From the CMD’s Desk
Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, “We are pleased to report healthy and improved margins for the 9 months of FY 2024-25 driven by our continued focus on operational efficiency and more favourable product mix. Revenue for the quarter was impacted due to delay in receipt of order and also deferment of delivery of completed products by a customer. We are, however, committed to continue our trajectory maintaining healthy revenue growth and profitability.

This Bengaluru Microbrewery Brings a ‘High on Love’ Experience for Valentine’s Day

Bengaluru, February 6, 2025: The Valentine’s Day celebrations cannot get bigger than this! Lovers, “just friends”, or even siblings and parent-child pairs have a special opportunity to celebrate love aboard a luxurious private jet ride, courtesy Namma Bengaluru’s very own ICB Indian Craft Brewery.

If the private jet experience still won’t cut it, you will also get to treat your partner, sibling or parent to a truly memorable meal aboard the aircraft planned and curated in advance by ICB, along with unlimited house drinks at ICB for three months. What’s more, they will also get an exclusive photoshoot done by celebrity photographer Nithin Narayan to capture their love for posterity.

This truly soaring #ICBLoveJet proposition is part of ICB’s month-long celebration of the month of love, aptly named ‘Jet Set Love’. The campaign is relationship-agnostic and gender-neutral; you can be siblings, friends, more than just friends, or lovers, or even married to each other. All that matters is how best you can express what you truly feel for each other.

“At ICB, we’re all about crafting unforgettable experiences, whether it’s through our craft beers or our celebrations. ‘Jet Set Love’ is our bold take on Valentine’s Day, offering pairs of all types and denominations a chance to elevate their connection—quite literally—with a private jet adventure. This campaign is about celebrating love in all its forms, in true ICB style,” says Gopi Chand Cherukuri, Co-founder, ICB Indian Craft Brewery.

While the private jet experience is reserved for one lucky pair or couple chosen out of five finalists, the other four couples or pairs will get a food-and-drinks voucher worth ₹25,000 redeemable at ICB. To open the celebrations for all eligible participants, ICB is also offering two-time redeemable 20% discount vouchers on food and beer.

ICB’s ‘Jet Set Love’ campaign has kicked-off from February 5 and will run through March 5, 2025. The winners’ night is slated for March 8. To participate, one only needs to visit ICB near Manyata Tech Park in Nagavara with their partner-in-adventure, click pictures or videos showing the ICB logo on beer mugs, coasters, or crockery, and publish them on social media along with a heartfelt ode to their beloved partner. Of course, they will need to tag ICB’s Instagram handle to get their contribution noticed!

The ‘Jet Set Love’ campaign also brings many uniquely engaging experiences throughout February to Bengaluru through a variety of paired activities planned at ICB, including cooking, brewing, mixology, and baking and more.

Anytime Fitness Expands in Delhi NCR with New Clubs

Delhi: The world’s largest gym chain, Anytime Fitness, proudly declares the opening of two clubs in Surya Nagar, Ghaziabad, and Najafgarh, Delhi. Continuing to build on this vision, Anytime Fitness gives health enthusiasts around the region access to world-class facilities, excellent guidance, and a cordial fitness community.

With these new locations, Anytime Fitness aims to bring state-of-the-art equipment, personalized training programs, friendly workout environment to fitness seekers in Surya Nagar and Najafgarh. The brand’s expansion aligns with its vision to promote a healthier and more active lifestyle, ensuring that quality fitness solutions are available at convenient locations.

Vikas Jain, Managing Director of Anytime Fitness India, also expressed his enthusiasm over the expansion, saying, “Our new clubs in Surya Nagar and Najafgarh, are a significant step towards achieving the goal of a healthy nation. With its continued expansion, Anytime Fitness remains dedicated to empowering individuals through fitness, fostering a sense of community, and ensuring a healthier life.”

This Surya Nagar franchisee is led by Samrat, Virat Bhalla, and Jatin Madan “We can hardly wait for the chance to help Surya Nagar build a fit self,” jointly says the franchise owner, as they take words on this important occasion, mentioning, “It’s about setting up an exclusive fitness environment at Anytime Fitness for people seeking a chance of all their bodies and their selves.

Similarly, Najafgarh is headed by Salil Kumar Malik and Hitesh who, like the brand, believe in encouraging people towards a fit and healthy lifestyle. With much enthusiasm on the launch, Salil Kumar Malik and Hitesh jointly said, “Najafgarh has an ever-growing community that is health conscious, and we are proud to introduce here a world-class facility with 24/7 workout accessibility. Anytime Fitness is not just working out; it is a way of life built into health, and we’re committed to making this journey as smooth as possible for our members.

Both clubs will offer a range of fitness services including strength training, cardio, functional training zones, and expert-led personal training sessions. Members also get to benefit from the Anytime Fitness Anywhere Access through which they can work out at any of the 5500+ Anytime Fitness clubs globally.

Dough As You Like Introduces Exquisite Nolen Gur Delights to Celebrate the Season

Kolkata’s beloved dessert destination, Dough As You Like, is proud to unveil its latest seasonal offerings, showcasing the timeless charm of Nolen Gur (date palm jaggery). Renowned for its indulgent creations, premium quality, and innovative approach to desserts, the patisserie continues to captivate its loyal patrons. Starting January 15th, these eggless delights will be available across all outlets in Kolkata.

The highlight of the new menu is a trio of Nolen Gur-inspired delicacies, meticulously crafted to deliver a harmonious blend of traditional flavors and modern culinary artistry. The Nolen Gur Cake offers a rich, moist texture infused with the caramel-like sweetness of date palm jaggery, making it a perfect centerpiece for any celebration. The Nolen Gur Pastry presents a more portable indulgence, combining light sponge layers with creamy, jaggery-infused frosting. Meanwhile, the Nolen Gur Swirl, with its flaky, buttery layers and a sweet swirl of Nolen Gur, is a delightful treat for those seeking a quick but memorable dessert experience.

Dough As You Like has become synonymous with redefining Kolkata’s dessert scene. With its network of 32 outlets, the brand has seamlessly blended premium-quality offerings with minimalist, contemporary store designs, moving beyond the traditional bakery format to create a modern patisserie experience. This unique combination of aesthetics and taste has positioned Dough As You Like as a trendsetter in the city’s culinary landscape.

Since its inception, the brand has garnered a loyal following among dessert enthusiasts and trend-conscious customers. Known for its dedication to innovation, Dough As You Like consistently blends timeless flavors with contemporary twists, ensuring each creation is a celebration of taste and craftsmanship.

This new range of Nolen Gur delights further underscores the patisserie’s commitment to honoring local flavors while delivering exceptional quality. Whether you’re looking to savor a slice of nostalgia or indulge in something new, Dough As You Like offers the perfect treat to begin the year on a deliciously indulgent note.

Mirabilis Investment Trust Leads Rs 35 Crore Pre-Series C Funding for Women’s Wellness Brand NUA

Mumbai, Feb 6, 2025: Women’s wellness and hygiene brand Nua has raised Rs 35 crore in a pre series C round led by Mirabilis Investment Trust. The round also saw participation from distinguished investors including Samir Singh, EVP – Asia, Colgate Palmolive & Former Chair of Unilever SE Asia, Shuchi Kothari, Head of DSP Family Office and SRF Limited. The funds raised will be strategically deployed towards retail expansion and new product introductions across key channels such as marketplaces, quick commerce and offline retail. The Company has raised $21.5 million so far (including the current round) from leading investors including Lightbox VC (One of the earliest backers of Nua), Kae Capital, renowned actress Deepika Padukone and former Global President of Unilever, Vindi Banga.

Ravi Ramachandran, CEO & Co-founder, Nua says, “The past 12 months have been exceptional for Nua. Not only have we turned profitable but we have also grown over 2.5x in revenue. We reached an important milestone by becoming profitable in Q2, crossed Rs. 100 Cr net revenue ARR in Q3 and are now on track to reach Rs. 150 Cr net revenue ARR in the next quarter. The capital raised in the current round will accelerate our journey to achieving the growth milestones we have set for ourselves.”

Nua’s focus is on building a superlative and holistic experience for women with safe and high-quality products, engaging content and strong community have helped it differentiate in a large and growing space. This success has been driven by word-of-mouth and incredible customer loyalty. The Company will continue investing in new products, content and emerging channels to accelerate this momentum over the next 6-8 quarters, he adds.

Over the last 12 months, the company has added new product segments with a focus on comfort and toxic-free positioning – Extra Long Night Pads, Disposable period panties, menstrual cups and post-partum products. Nua’s products are available on their website and on various ecommerce platforms such as Zepto, Amazon, Flipkart and others.

Commenting on the fund raise, Srinivas Seshadri, Head of Investments at Mirabilis Investment Trust., says, “We look forward to a great journey with Nua in reshaping the menstrual health landscape in our country. The team has demonstrated exceptional growth and a clear path to sustained profitability, while serving a greater purpose—normalizing conversations around menstrual health, offering holistic solutions and empowering women with better choices. Nua’s broad product portfolio and strong presence across channels position it very well to serve a growing tribe of women seeking exceptional performance, value and convenience.”

RBI MPC February 2025 EXPECTATION – Signature Global (India) Ltd

Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd.

“A potential repo rate cut by the RBI in its upcoming MPC meeting could be a pivotal move in shaping India’s economic momentum, particularly as the Union Budget 2025 is expected to drive consumption and investment. In the real estate sector, such a policy shift could lead to more affordable home loans, improving housing affordability and stimulating demand—especially in the mid and premium segments.

Moreover, the recent 50-basis-point reduction in the Cash Reserve Ratio (CRR) has already injected significant liquidity into the banking system, setting the stage for improved credit flow. If complemented by a rate cut, this could accelerate capital deployment in infrastructure and urban development, further boosting real estate growth. Given India’s rapid urbanization and rising aspirations for homeownership, a proactive monetary policy can catalyze long-term economic resilience and sustained real estate expansion.”

Angel One Celebrates Major Milestone with 30 Million Clients

Mumbai, 6th February 2025 – Angel One Limited, a leading FinTech player, has achieved a significant milestone by surpassing 30 million clients, underscoring its strong growth momentum. In January 2025, the company’s client base expanded to 30.13 million, reflecting an impressive 47.5% YoY increase. Its average client funding book surged to ₹41.99 billion, while Unique Mutual Fund SIPs grew to 765.80 thousand, marking a 57.7% YoY rise. Furthermore, the market share for overall equity turnover, based on option premium, expanded to 19.7%, marking a 192 bps YoY expansion. This exceptional growth solidifies Angel One’s leadership in the industry, powered by cutting-edge technology, a customer-first approach and an unwavering commitment to driving innovation in financial services.

With a sharp focus on Gen Z and Millennials, Angel One continues to evolve and meet the expectations of digitally savvy investors. Its Super App delivers seamless and intuitive investing experience, offering personalized recommendations, advanced trading tools and real-time market insights. The company has also launched industry first innovative features such as:

• Online DIS (Paperless Stock Transfers): Enabling secure and hassle-free transactions.
• Trailing Stop Loss : Enhances risk management by auto-adjusting stop-loss to lock in profits and limit losses as the market moves.
• Such innovations, combined with advanced technology, have fueled Angel One’s growth across Tier 2, Tier 3 and beyond cities.

Commenting on this significant milestone, Mr. Dinesh Thakkar, Chairman & Managing Director, Angel One Limited, said,” Surpassing 30 million clients is an incredible milestone that showcases our passion for innovation and our commitment to addressing the evolving needs of our clients. With a strong leadership team, we continuously integrate advanced solutions to deliver a seamless and user-friendly experience. Our cutting-edge technology enables us to offer personalized financial journeys, positioning us as leaders in the FinTech space. I would like to thank all our partners and users for being an essential part of our journey!

Ofis Square Expands to Gurugram with 30,000 Square Feet of Co-Working Office Space

Gurugram, February 2025: Ofis Square, a pioneer in premium co-working and managed office solutions, proudly announces the launch of its second centre in Gurugram. Located just 100 meters from MG Road Metro Station and 15 minutes from IGI Airport, this new centre spans an impressive 30,000 square feet and sets a new benchmark for dynamic and innovative workspaces.

Strategically positioned in the heart of Gurugram, this A-grade work space is thoughtfully designed to cater to the needs of startups, freelancers, and enterprises alike. The facility accommodates over 520 desks, premium private cabins, and fully-equipped meeting and conference rooms, offering a vibrant ecosystem for professionals to collaborate, innovate, and thrive.

The centre integrates smart IoT-enabled systems, ergonomic interiors, and thoughtfully curated spaces to ensure an inspiring work environment. It boasts a seamless blend of functionality and creativity, redefining traditional office spaces to meet the evolving demands of modern professionals. Beyond work, it features an in-house café, a guest lounge, an outdoor terrace party area, and an entertainment zone to foster a harmonious balance between productivity and relaxation.

Bollywood actress Shraddha Kapoor, the Brand Ambassador of Ofis Square, embodies the creativity and forward-thinking ethos of the brand. Her association amplifies the brand’s commitment to providing vibrant and dynamic workplaces that inspire professionals to excel.

Mrs. Saroj Mittal, Founder of Ofis Square, shares her vision: “We are thrilled to unveil our second centre in Gurugram, a space that epitomizes the future of workspaces. This tower represents our commitment to redefining office environments by offering adaptable, functional, and inspiring solutions. Whether you are an ambitious entrepreneur, a growing team, or an established enterprise, this centre is designed to be a catalyst for ideas and innovation. With Shraddha Kapoor as our Brand Ambassador, we aim to infuse creativity and energy into every corner of our spaces.”

The strategic location ensures unparalleled accessibility for professionals and businesses. Just a short walk from MG Road Metro Station and in close proximity to key urban hubs, it provides an ideal base for professionals seeking convenience and connectivity in the bustling NCR region.

Mrs. Mittal further elaborates, “At Ofis Square, we are not just building offices; we are creating ecosystems that inspire collaboration and growth. Our second centre in Gurugram stands as a testament to our philosophy a space that integrates productivity and creativity seamlessly. From state-of-the-art conference rooms to rejuvenating leisure zones, every element is designed to elevate the work experience and support our clients’ diverse needs.”

NTT DATA Completes Acquisition of Niveus Solutions

LONDON – Feb 5, 2025 – NTT DATA, a global leader in digital business and IT services, has successfully closed its previously announced acquisition of Niveus Solutions, a premier cloud engineering company specializing in Google Cloud Platform (GCP) services. The acquisition accelerates NTT DATA’s position as a leading provider of GCP solutions and strengthens its capabilities to deliver transformative cloud services to global clients. Terms of the acquisition were not disclosed.

Niveus Solutions supports NTT DATA’s commitment to expanding its global Google Cloud Business Unit and enhances its Cloud and AI portfolio to help clients achieve their vision of an AI-led enterprise. The acquisition builds on NTT DATA’s recently expanded strategic partnership with Google Cloud which focuses on co-innovating data analytics and GenAI solutions for enterprise clients.

Niveus Solutions adds over 1,000 GCP engineering professionals to NTT DATA’s cloud services team with expertise in GCP native modernization, data analytics and AI, further bolstering NTT DATA’s capabilities. With a proven track record across industries such as financial services, manufacturing, automotive, retail and logistics, Niveus Solutions enhances NTT DATA’s capabilities to deliver scalable, secure and industry specific cloud solutions globally.