SPIRIT OF MUMBAI

Global automotive customisation powerhouse marks subcontinental retail entry, leveraging a 50-year group legacy and over 500,000 clients across India, the Middle East, and Europe. Mumbai, 17th July 2026: Lusso Designs India Private Limited, a global pioneer in luxury mobility studios, officially announced its strategic retail entry into the Indian market today with the grand inauguration of its first flagship experience centre in Mumbai. The state-of-the-art facility represents a defining milestone in the brand’s international expansion, establishing a definitive subcontinental benchmark for high-end vehicle customisation and artisanal automotive craftsmanship. The flagship venue introduces a highly integrated, experiential retail format, allowing patrons to navigate the complete end-to-end journey of ultra-luxury vehicle transformation spanning structural interior overhauls and premium material integration, all under one roof. To ensure a flawless customer journey, the experience cen...

•             Sees Broad Investor Response, Led by QIB Demand at 140.11 times •             The issue generated a demand of close to 2.97 lakh crore at the Upper Price Band of (Rs 574 per share) Mumbai, July 16, 2026: The Initial Public Offering (IPO) of SBI Funds Management Limited witnessed strong investor interest, with the issue being subscribed 41.66 times on the final day of bidding. The IPO received bids for 5,18,95,41,032 equity shares against the offered 12,45,63,536 equity shares, at a price band of ₹545 to ₹574 per share, according to data available on the stock exchanges. The Qualified Institutional Buyers (QIB) portion led the demand and was subscribed 140.11 times, while the Non-Institutional Investors (NII) and Retail Individual Investors (RII) portions were subscribed 22.51 times and 3.60 times, respectively. The Employee Reserved category saw a subscri...

  Global automotive customisation powerhouse marks subcontinental retail entry, leveraging a 50-year group legacy and over 500,000 clients across India, the Middle East, and Europe. Mumbai, 17th July 2026: Lusso Designs India Private Limited, a global pioneer in luxury mobility studios, officially announced its strategic retail entry into the Indian market today with the grand inauguration of its first flagship experience centre in Mumbai. The state-of-the-art facility represents a defining milestone in the brand’s international expansion, establishing a definitive subcontinental benchmark for high-end vehicle customisation and artisanal automotive craftsmanship. The flagship venue introduces a highly integrated, experiential retail format, allowing patrons to navigate the complete end-to-end journey of ultra-luxury vehicle transformation spanning structural interior overhauls and premium material integration, all under one roof. To ensure a flawless customer journey, the experienc...

Mumbai, 16th July 2026: SVKM's Narsee Monjee Institute of Management Studies (NMIMS), a Deemed-to-be University, has appointed Prof. Sougata Ray as its Vice Chancellor, effective July 16, 2026. A distinguished management scholar, academic leader, and institution builder, Prof. Ray brings more than three and a half decades of experience spanning higher education, strategy, innovation, entrepreneurship, and corporate governance. Prior to joining NMIMS, Prof. Ray held the positions of Thomas Schmidheiny Chaired Professor of Strategy and Entrepreneurship Practice and Executive Director of the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business (ISB). Earlier, he held several academic and leadership positions at the Indian Institute of Management Calcutta (IIM Calcutta), including Professor of Strategic Management, Dean, and Member of the Board of Governors. He also led the Innovation Lab at Infosys Technologies as General Manager and has advised entrepreneu...

Mumbai, July 16, 2026: Caliber Mining and Logistics Limited, which is a mining operator providing integrated overburden removal, coal extraction, and coal logistics services, has garnered Rs 134.99 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Friday, July 17, 2026. The company informed the bourses that it allocated 31, 83, 961 equity shares at Rs 424 per share to anchor investors. Some of the marquee institutions that participated in the anchor include Ashoka India Equity Investment Trust Plc, Carnelian India Amritkaal Fund and Abakkus Four2Eight Opportunities Fund. Amongst equity- oriented schemes, the company has allocated shares to Quant Mutual Fund and Helios Small Cap Fund. Out of the total allocation of 31, 83, 961 equity shares to the anchor investors, 15,33,035 were allocated to 2 domestic mutual funds through 5 schemes. DAM Capital Advisors Limited is the book-running lead manager, and KFin Technologies Limited is th...

Q1 FY27 Net Profit reaches Rs. 1.25 Crore, marking a massive year-on-year increase compared to Q1 FY26; Strategic transition into renewable energy and solar solutions moves forward rapidly. Vadodara, Gujarat – July 15, 2026: The Board of Directors of Gujarat Inject (Kerala) Limited (BSE: 524238) today approved the standalone un-audited financial results for the first quarter ended June 30, 2026. The Company has delivered a strong performance, highlighting its robust transition into the high-growth solar and clean energy sector. FINANCIAL PERFORMANCE HIGHLIGHTS Q1 FY27 Revenue from Operations stood at Rs. 12.45 Crore (Rs. 1,245.45 Lakhs), representing a spectacular YoY growth of 414.4% compared to Rs. 2.42 Crore (Rs. 242.12 Lakhs) in Q1 FY26. Q1 FY27 Standalone Net Profit (PAT) rose to Rs. 1.25 Crore (Rs. 125.16 Lakhs), a massive expansion from Rs. 0.07 Crore (Rs. 7.35 Lakhs) in the corresponding quarter of the previous fiscal year. Comparison with Q4 FY26: While the sequential revenue ...