Latest news with #VMPL
Business Standard
17 hours ago
- Business
- Business Standard
Cedaar Textile Secures ₹9.52 Crore from Anchor Investors Ahead of IPO
VMPL Mumbai (Maharashtra) [India], June 28: Cedaar Textile Limited has successfully completed its anchor book allocation, raising ₹9.52 crore ahead of its upcoming Initial Public Offering (IPO). The anchor book received an enthusiastic response from marquee institutional investors, underscoring strong market confidence in the company's fundamentals and future outlook. A total of 6.8 lakh equity shares were allocated to esteemed anchor institutions at the upper end of the price band, ₹140 per share. Notable participants in the anchor round include: * Velcoe Opportunities Fund - 1,43,000 shares (₹2.00 crore) * SB Opportunities Fund II - 2,15,000 shares (₹3.01 crore) * Shine Star Build Cap Pvt. Ltd. - 1,43,000 shares (₹2.00 crore) * Saint Capital Fund - 1,79,000 shares (₹2.51 crore) The IPO of Cedaar Textile is scheduled to open on June 30, 2025, and will close on July 2, 2025. The company has set a price band of ₹130 to ₹140 per share, with an overall issue size aggregating up to ₹60.90 crore at the upper end. The minimum lot size for application is 1,000 shares. The successful anchor subscription is expected to bolster investor sentiment ahead of the public issue. Cedaar Textile, known for its expertise in the textile sector, plans to utilize the IPO proceeds to fuel its growth and expansion initiatives. Market participants are closely watching the IPO, given the strong institutional interest demonstrated in the anchor round. Investors are advised to carefully review the Red Herring Prospectus (RHP) filed with the NSE for detailed information, including financials and risk factors, before making investment decisions. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Business Standard
19 hours ago
- Business
- Business Standard
Technology Vision 2030: Transforming Indian Agriculture through Innovation
VMPL Bangalore (Karnataka) [India], June 28: Agriplast Tech India Pvt Ltd and Agriplast Protected Cultivation Pvt Ltd proudly announce The third edition of Technology Vision 2030, India's premier agritech conference scheduled for 24 September 2025 at Sheraton Grand, Bengaluru. With the theme "Empowering Indian Agriculture: Innovation, Sustainability, and Growth," this one-day event will gather over 300 industry leaders, policymakers, innovators, researchers, and visionary entrepreneurs committed to shaping the future of Indian agriculture. Conference Highlights: * Expert Panel Discussions: Engaging sessions featuring global and local agritech pioneers. * Innovation Showcase: Unveiling cutting-edge technologies in greenhouse cultivation, precision farming, hydroponics, IoT, and digital agriculture. * Networking Opportunities: Direct interactions with influential leaders, promising startups, and decision-makers shaping the agricultural ecosystem. * Youth Engagement: Dedicated initiatives supporting young agricultural innovators and students. * Cultural Evening: Concluding the conference with a special performance by the renowned police band, "Harmony of the Pines." Who Should Attend: * Progressive farmers and greenhouse growers * Agritech startups and technology providers * Government and policy stakeholders * Investors, academics, and agricultural consultants Message from the Promoters: "Technology Vision 2030 is more than just a conference--it's a strategic initiative aimed at revolutionizing India's agricultural landscape through sustainable innovation. Join us as we explore transformative solutions and shape the future of farming." Register Now: Limited seats remain--early registration is highly recommended. Visit: to register and learn more. Write to abhinav@ for Speaking Opportunities.
Business Standard
a day ago
- Business
- Business Standard
ET Edge Supply Chain Management Fest 2025 Wraps Up in Delhi with Bold Roadmap for India's Logistics Future
VMPL New Delhi [India], June 28: Mahindra Logistics presents ET Edge Supply Chain Management Fest 2025, (ET Edge SCM Fest 2025) successfully concluded a two-day transformative summit on 26th and 27th June at Taj Palace, New Delhi. Day 1 featured impactful sessions led by Shri Nitin Gadkari and Smt. Meenakshi Lekhi, while Day 2 focused on regional logistics, sustainable transport, and India's global supply chain ambitions. Shri Manjinder Singh Sirsa, Hon'ble Cabinet Minister of Industry, Food & Supplies, Forest & Environment, Government of NCT of Delhi, opened Day 2 of the ET Edge SCM Fest 2025, highlighting Delhi's pivotal role in India's logistics growth. "Delhi's vibrant MSME ecosystem, with over 8,000 factories and nearly 4 lakh workers, is at the heart of India's supply chain growth story," he noted. He announced plans for three new industrial hubs with warehousing, logistics parks, and multimodal facilities. "We are developing modern hubs across Delhi to meet future supply chain demands," he added. With Delhi contributing nearly 16% to India's warehousing market, Sirsa emphasized policy reforms and formalization of the unorganized sector to position the capital as a leading logistics hub. He reaffirmed the government's commitment to building a "Viksit Delhi" with modern infrastructure, empowered industries, and inclusive growth. Vijay Kumar, IAS, Chairman, Inland Waterways Authority of India (IWAI), Ministry of Ports, Shipping and Waterways, Government of India, delivered a compelling special address. He detailed the strategic interventions being made to position inland waterways as a clean, efficient, and economically viable mode of transport in India's logistics landscape."When you move your cargo on the waterways, you are not only benefiting economically, so the country is also benefiting in terms of reduction in pollution, in terms of the congestion. A 2,000-ton vessel on the waterway replaces 40 rail wagons or 125 trucks decongesting our roads and railways in a major way." Alongside industry leaders, Dr. Vandana Singh spotlighted the transformative potential of India's air cargo sector. She emphasized its strategic value, noting, "Air cargo may constitute just 1% of total freight volume globally, but it carries over 35% of the total value of global trade." Highlighting inclusive growth, she said, "Growth shouldn't be restricted to metro cities; we want rural, agricultural, and artisanal economies to benefit." On sustainability, she firmly stated, "Sustainability is non negotiable," aligning air cargo goals with Vision 2040. Confident in India's momentum, she added, "India is here to stay and will move forward ahead of China." Concluding, she remarked, "The sky is not the limit. It's the runway to new possibilities." Sagar Kadu, Director (Logistics), DPIIT, Ministry of Commerce and Industry, Government of India, highlighted the transformative impact of the National Logistics Policy in his special address. "Logistics today is not just about transportation--it's about enabling industry, empowering trade, and accelerating economic growth. The National Logistics Policy is driving a shift towards an integrated, tech-enabled, and cost-efficient ecosystem that supports India's ambition of becoming a $5 trillion economy," he said. "With 78 billion worth of infrastructure projects underway, Maharashtra is spearheading India's logistics revolution."said Deependra Singh Kushwah,IAS, Commissioner(Industries) Government of Maharashtra. "From the 701 km - Samruddhi Mahamarg expressway to the upcoming airport and Atal Setu - we're integrating advanced infrastructure with forward looking policy and incentives to reduce logistics costs, empower MSMEs and make Maharashtra a $1 trillion economy by 2028" Positioning Andhra Pradesh at the forefront of India's logistics revolution, T.G. Bharath, Minister for Industries, Commerce & Food Processing, Government of Andhra Pradesh, underscored the state's strategic vision during his Guest of Honor Address. "In Andhra Pradesh, we're not just focusing on the ease of doing business--we're driving the speed of doing business. With world-class port infrastructure, robust multimodal logistics, and investor-friendly policies, we are building a future-ready ecosystem that positions AP as the logistics nerve center of India," he remarked. Sandeep Nanduri, IAS, Managing Director, Tamil Nadu Industrial Development Corporation, spotlighted Tamil Nadu's logistics transformation through robust infrastructure, smart tracking systems, and forward-looking policy initiatives. "Tamil Nadu is redefining supply chain excellence by combining industrial strength with integrated, sustainable, and tech-enabled logistics. With dedicated policies, warehousing reforms, and real-time freight tracking, we are building a cost-efficient and future-ready logistics ecosystem," he said. From multimodal parks to greenfield airports and a soon-to-be-launched state warehousing policy, the state continues to position itself as a national leader in smart logistics and industrial facilitation. The ET Edge Supply Chain Management Fest 2025 culminated with an awards ceremony honouring visionaries driving innovation across the logistics sector. With over 150 industry leaders, 50+ transformative sessions, and participation from key policymakers, the summit emerged as a defining platform shaping the future of India's supply chain. As the country accelerates toward its $5 trillion economic ambition, the dialogues and commitments forged at the fest will serve as a blueprint for building a resilient, sustainable, and globally competitive logistics ecosystem. About ET Edge: ET Edge an Initiative of The Times Group is India's largest conference and thought leadership company. Since its inception in 2015, ET Edge has been at the forefront of creating unique thought leadership initiatives with the objective to empower multiple sectors, industries, and segments by dispersing critical business knowledge through strategically developed specialized conferences and summits.
Business Standard
2 days ago
- Business
- Business Standard
Samsonite and BOSS Reunite for Second Capsule Drop Featuring Striking Silver Aluminium Luggage
VMPL Mumbai (Maharashtra) [India], June 27: Following the success of their initial collaboration in late 2023, global travel leader Samsonite and fashion powerhouse BOSS are proud to unveil the second drop of their co-created capsule luggage collection. This time, the iconic design returns in a bold new silver aluminium edition, blending sleek aesthetics with premium functionality. Building on the momentum of their first launch, a black aluminium suitcase that redefined luxury travel, the new edition introduces a captivating update to the design, while retaining the signature elegance and durability that define the BOSS | Samsonite partnership. To mark the launch, the two brands are introducing a fresh campaign titled "Next Destination", which sets the scene against the backdrop of train travel. The narrative unfolds through an intriguing moment on a train platform, where two strangers share a silent, yet powerful connection, bonded by their refined sense of style and mastery of modern travel. Their shared companion: the effortlessly chic BOSS | Samsonite silver luggage. This latest collection champions timeless design, refined craftsmanship, and the art of effortless travel. Crafted from premium anodised aluminium, each suitcase features BOSS's signature tone-on-tone monogram pattern and a pristine, long-lasting finish. Inside, travellers will find a soft-textured lining in the iconic BOSS camel hue, along with thoughtfully designed spacious compartments and adjustable packing straps for optimal organisation. The tailored aesthetic continues with co-branded leather handles, showcasing a seamless blend of form and function. The silver edition is available in four sizes: a cabin bag, two check-in cases and a larger trunk model. This exclusive release will be available in limited quantities across select BOSS I Samsonite retail locations, as well as on and at prices ranging from INR 51,500 onwards. A 3D/AR experience of the Trunk model is also available via QR code, offering a closer look at the product's design and features: About Samsonite: Founded in 1910, Samsonite is the world's leading luggage brand with an extensive legacy in trendsetting travel solutions. Renowned for breakthrough research and its commitment to innovation and sustainability, Samsonite has excelled since its inception in a number of industry firsts and offers an extensive range of travel, business, kids, casual and personal accessory products. Samsonite helps travellers to journey further, with ever-lighter and stronger products. About BOSS and HUGO BOSS: BOSS is made for bold, self-determined individuals who live life on their own terms, with passion, style, and purpose. Collections offer dynamic, modern designs for those that embrace who they are fully and unapologetically: as their own BOSS. The brand's heritage tailoring, performance suiting, casualwear, denim, athleisure, and accessories cater to the style needs of the discerning consumer. Licensed fragrances, eyewear, watches, and kidswear complete the brand. The world of BOSS can be experienced in around 500 own stores worldwide. BOSS is the core brand of HUGO BOSS, one of the leading companies positioned in the premium segment of the global apparel market. The group offers collections in 129 countries at more than 8,000 points of sale and online in 74 countries via With more than 18,500 employees worldwide, the company, based in Metzingen (Germany), posted sales of EUR 4.3 billion in the fiscal year 2024.
Business Standard
2 days ago
- Business
- Business Standard
Dr. Virendra Kumar, Union Cabinet Minister (MoSJE), inaugurated 3rd Trans Employment Mela 2025; over 160 candidates, rising corporate support
VMPL New Delhi [India], June 27: The third edition of the Trans Employment Mela 2025, inaugurated by Dr. Virendra Kumar, Union Cabinet Minister for Social Justice & Empowerment, concluded successfully today at The Lalit Hotel, New Delhi. Organised by the TWEET Foundation and InHarmony, in collaboration with the Ministry of Social Justice and Empowerment (MoSJE), the event brought together over 160 transgender and non-binary candidates from across the country. With participation from 17 companies and aiming for 100 confirmed placements, the Mela reinforced its role as a vital platform for inclusive hiring and economic empowerment. Dr. Virendra Kumar's presence underscored the central government's commitment to mainstreaming transgender and non-binary individuals into the formal workforce. As with previous editions, the Mela served as a powerful bridge--connecting talent to opportunity, employers to awareness, and society to the lived realities of the trans community. Leading companies such as Publicis Sapient, Hexaware, EY Foundation, Mahindra Logistics, and The Lalit engaged in recruitment drives, sensitisation sessions, and panel discussions held throughout the day. This year's edition set an ambitious target of 100 placements and saw increased engagement from corporates, hiring partners, and inclusion advocates. Beyond job interviews, the event featured community-led performances, peer mentoring sessions, and entrepreneurship showcases--spotlighting stories of resilience, ambition, and leadership from within the trans community. Transgender entrepreneurs, often underrepresented in employment conversations, were celebrated for forging their own paths and challenging traditional narratives. These moments added vibrancy to the day, reinforcing that inclusion is not just about hiring--but about visibility, respect, and equity. Dr. Virendra Kumar stated, "Our unwavering support for the transgender community reflects our core values of equality, dignity, and empowerment. Initiatives like Garima Greh--safe and supportive shelter homes across 21 states--ensure access to housing, healthcare, skill training, and legal aid for those in need. Platforms like the Trans Employment Day, supported by over 20 corporate partners, not only open doors to livelihood but also celebrate the immense talent and resilience of the community. From joining the police force to becoming lawyers, artists, and entrepreneurs, your journeys inspire a more inclusive and compassionate India." Dr. R. Giriraj, Deputy Director of NISD expressed, "The Central Home for Digital Persons was never just a policy--it was a mission to restore dignity, access, and rights that inherently belonged to individuals. Since 2019, we've expanded this effort across 14 centers, integrating healthcare, identity, education, and economic opportunities. But real transformation doesn't come from government alone--it comes from partnerships. I sincerely thank the global community, NGOs, industries, and especially the Food Foundation, for standing with us in this journey towards inclusion, empowerment, and justice." This year's edition saw the continued support of long-term partners and new collaborators. Hexaware joined as the Title Sponsor, while Publicis Sapient returns as the Platinum Sponsor and the Lalit Suri Hospitality Groups as the Gold Sponsor for the third consecutive year. HDFC Life as the Silver Sponsor and The Lalit also contributing as the Hospitality Partner. Adding meaningful depth to the event's social objectives were Social Impact Partners - Keshav Suri Foundation and MIST LGBTQ Foundation - and Gifting Partners - Queer Bazaar and Kronokare. Abhina Aher, Founder, TWEET Foundation, added, "This Mela is about more than jobs--it's about justice. It offers a space where transgender individuals, often pushed to the margins, can enter the workforce with pride. When we speak of economic justice, this is what we mean: real opportunities backed by real intent. It's time to stop seeing the transgender community as recipients of charity and start recognising them as contributors to growth. "Anupama Easwaran, Founder, InHarmony, shared, "While globally, we're witnessing an unfortunate regression in the diversity, equity, and inclusion (DEI) space, it is encouraging to see Indian organisations stepping up with meaningful action. The Trans Employment Mela is a testament to that commitment, bringing together companies, civil society, and the transgender community to create real access and opportunities. At a time when DEI efforts face increasing pushback, initiatives like this reaffirm that inclusion is not just a policy--it's a shared responsibility. We are grateful to our partners and sponsors for standing firmly with this vision and helping shape inclusive workplaces that are future-ready and grounded in equity." Maya Awasthy, Co-Founder, TWEET Foundation, said, "Each edition of this Mela is a call to action. From 58 placements in our first year to 77 last year, we've witnessed the transformative power of employment. Our goal of 100 placements this year is more than a number--it represents belief in a future where every transgender person can live with dignity, independence, and economic strength. We urge more companies to move beyond hiring to ensure long-term, meaningful inclusion." Vieshaka Dutta, Diversity Equity and Inclusion Leader, India, Publicis Sapient, said, "Our continued support for the Trans Employment Mela reflects our core value of inclusion, which is central to everything we do at Publicis Sapient. We are proud to be part of a platform that fosters real opportunities and helps build a future where every individual--regardless of gender identity--can thrive." Keshav Suri, Executive Director, The Lalit Suri Hospitality Group, and Founder, Keshav Suri Foundation, stated, "Hosting the Mela aligns with our ethos of embracing diversity. The trans community adds immense value to the workplace, and we are honoured to contribute to their journey of empowerment through employment." Sareeta Bhatikar Head of Human Resources, HDFC Life, said, "At HDFC Life, inclusion is not just a campaign; it is how we grow and remain true to our purpose. The Trans Employment Mela is a powerful step towards building equitable workplaces and reflects our collective journey towards dignity, belonging, and our responsibility to honor every individual." Hemant Vijh, Corporate Vice President, Hexaware Technologies, commented, "Hexaware is proud to stand beside the trans community as an ally and active participant in building inclusive workspaces. The Mela is a reminder that hiring for diversity leads to stronger, more resilient organisations." The Trans Employment Mela 2025 closed on a powerful note of hope, pride, and determination. As candidates left interview rooms with offers and new opportunities, the event served as a reminder that the journey toward equality must be intentional, collaborative, and unapologetically inclusive. The sense of renewed purpose it inspired will continue to ripple across boardrooms, communities, and policy spaces--driving the change our society needs. ABOUT ORGANIZERS TWEET Foundation ( is an NGO based out of Delhi and Mumbai led by trans persons dedicated to providing the community with crisis support, short shelter stay, health and legal resources, and connecting them with skill building and inclusive employment opportunities. TWEET works closely with key stakeholders for mainstreaming advocacy for the rights of transgender persons. It works with the government to bring in policy-level changes and works with civil societies and the corporate sectors to build strategic partnerships to support the trans movement and welfare. InHarmony ( is a pioneering Diversity, Equity & Inclusion advisory firm dedicated to fostering inclusive workplaces across India. Specializing in consultancy services, training solutions, employee wellbeing programs, research, and diversity hiring support, their impact spans various industries, guiding companies in the cultivation of inclusive & equitable spaces. InHarmony's expertise encompasses gender, LGBTQIA+ individuals, persons with disabilities, and less privileged caste categories, catering to diverse age groups. It boasts a distinguished panel of experts including facilitators, coaches, psychologists, psychiatrists, and trainers, all committed to delivering bespoke, innovative solutions tailored to meet each client's unique needs. InHarmony's founder, Anupama Easwaran is a board member of TWEET Foundation working extensively with the transgender community since the past 8 years. She is the recipient of the APCOM Hero Award 2023 in the Community Ally category and a 2 time TEDx speaker. At InHarmony, their mission is to drive positive cultural change, making workplaces places where everyone feels valued, respected, and empowered to succeed.
