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  • Paras Defence Enters Indigenous Era of Satellite Reflectors with HPS GmbH Alliance

    India’s homegrown aerospace leader and German deployable antenna expert partner exclusively to localize futuristic unfoldable reflector systems for space applications

    In a landmark development for India’s aerospace ecosystem, Paras Defence and Space Technologies Ltd. has entered into a Teaming Agreement with Germany-based High Performance Space Structure Systems GmbH (HPS GmbH) to co-develop deployable antenna reflector systems for advanced satellite applications. The collaboration is exclusive to the Indian region and marks one of the country’s earliest private sector efforts to build critical space communication infrastructure domestically.
    The systems under development will feature unfurlable reflectors, antennas that launch in a compact form and automatically expand once deployed in orbit. These reflectors are integral to next-generation satellite platforms that power high-speed internet, defence communication, real-time Earth imaging, and disaster response systems. Components covered in the agreement include reflector and arm assemblies, Hold-Down Release Mechanisms (HDRMs), deployment electronics, and thermal hardware.

    India has long relied on select international providers for these niche technologies. This collaboration changes that equation by enabling joint ownership of high-precision, mission-critical systems that had previously remained outside India’s manufacturing ecosystem.
    Amit Mahajan, Director at Paras Defence, emphasized the strategic relevance of the deal: “India’s space ambitions now demand more than access, they require ownership. This partnership fills a critical gap in our satellite infrastructure, and by building these systems within India, we are laying the foundation for scalable, sovereign space platforms.”
    Paras Defence will serve as the primary partner for Indian customers, leveraging its expertise across optics, electronics, RF and microwave systems, and mechanical subsystems. HPS GmbH, with its deep portfolio in European and international space missions, will contribute design and integration support from Germany and may co-establish similar capabilities in India under a future joint venture.

    The partnership also grants Paras exclusive access to HPS technologies within India. Together, the two companies will pursue opportunities with Indian government space agencies, defence clients, and commercial satellite operators.
    This move comes at a time when India’s space economy is rapidly evolving. With the government encouraging greater private participation through reforms and sectoral liberalisation, collaborations like this position Indian firms to move up the value chain, from component suppliers to system integrators and technology co-owners.About Paras Defence and Space Technologies Ltd.

    Paras Defence is an Indian defence engineering firm delivering indigenously developed products across the aerospace, naval, land, and space sectors. Its operations span Optics & Optronics, Defence Electronics, EMP Protection, and Heavy Engineering. Paras is the only Indian manufacturer of submarine-grade Optronic Periscopes in Asia-Pacific and serves marquee clients including DRDO, ISRO, BEL, and international OEMs.
    About HPS GmbH
    HPS GmbH, headquartered in Munich, is a European leader in deployable satellite hardware. The company is known for its work on large antenna systems for space missions across Europe and has extensive capabilities in design, testing, and system integration.Published by Prittle Prattle News – featuring you virtuously
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • HPS Graduates Its First India‑Born Global CEO with Shailesh Jejurikar’s Rise at Procter & Gamble

    A 1984 alumnus from HPS Begumpet, former Head Boy, now P&G’s CEO‑designate, Jejurikar joins a distinguished alumni set and marks a historic milestone for Indian leadership in global business

    The Hyderabad Public School Society today extended its formal congratulations to alumnus Shailesh Jejurikar, who has been named the next President and Chief Executive Officer of Procter & Gamble, one of the world’s largest consumer goods companies. Jejurikar will formally take on the role on January 1, 2026, succeeding his current post as Chief Operating Officer.
    Jejurikar, a 1984 graduate of HPS Begumpet, is set to become both the first HPS alumnus and the first India-born executive to lead the 187-year-old global corporation. His appointment adds to the growing legacy of global leadership emerging from HPS, joining the ranks of alumni such as Satya Nadella (Microsoft), Shantanu Narayen (Adobe), Prem Watsa (Fairfax Financial), and Ajay Banga (World Bank).

    Gusti Noria, President of The Hyderabad Public School Society, acknowledged the milestone in a statement: “Shailesh exemplified leadership from a young age. As Head Boy in 1984, he led with empathy, earned academic distinctions, and played competitive cricket, setting the tone for the character and conviction he continues to carry today. His rise is a moment of immense pride for the entire HPS community.”
    Reflecting on his journey, Jejurikar thanked the HPS community for their support. “The nurturing culture at HPS shaped much of who I am. The friendships I made, the lessons I absorbed, and the encouragement I received all continue to guide me. I’m deeply grateful and proud to carry this legacy forward in my new role.”

    The Hyderabad Public School Society manages four educational institutions across Begumpet, Ramanthapur, Warangal, and Kadapa, known collectively for their emphasis on leadership, civic responsibility, and global perspective. HPS Begumpet, in particular, has consistently produced alumni who have excelled in public service, business, science, and the arts.
    About The Hyderabad Public School, Begumpet
    Established in 1923, The Hyderabad Public School is among India’s oldest independent educational institutions. With more than 4,000 students enrolled and alumni networks spanning six continents, the school offers curriculum tracks across ICSE, ISC, Cambridge IGCSE, and the International Baccalaureate. HPS is a founding member of the IPSC and part of the Round Square global schools alliance.About Shailesh Jejurikar

    Shailesh Jejurikar joined P&G in 1989 after completing an MBA from the Indian Institute of Management, Lucknow. Over a 36-year tenure, he has led businesses across Asia, Europe, North America, and Latin America. Prior to becoming COO, he headed the company’s global Fabric and Home Care division. He is also a member-designate of the P&G Board of Directors.Published by Prittle Prattle News – featuring you virtuously
    Editor-in-Chief: Smruti Bhalerao
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Unconditional Cash Transfers in India Cross ₹2.8 Lakh Crore, Rise 23 Times Over a Decade

    New report by Project DEEP calls for a national redesign of UCTs to make citizen welfare more inclusive, aspirational, and accountable

     India’s welfare economy has entered a transformative phase with Unconditional Cash Transfers now crossing ₹2,80,780 crore in allocations for FY 2024–25. This figure represents 0.9 percent of the national GDP and 11 percent of total social sector spending, surpassing programs like MGNREGA and the National Food Security Mission in financial scale.
    This insight comes from a comprehensive national report released by Project DEEP, titled Unconditional Cash Transfers in India: Tracing the Journey, Shaping the Future. The report evaluates over 70 central and state schemes and includes interviews with 21 policy and sector experts. It identifies a 23-fold increase in UCTs over the past decade, with monthly transfers becoming the dominant method of delivery. In 2024–25 alone, 32 such schemes are active, up from just nine in 2015–16. Seventy-one percent of the current UCT budget is now disbursed through monthly transfers.

    More than half of current allocations are directed toward women from low-income households, marking a significant shift toward gender-responsive welfare design. According to Pankhuri Shah, Co-Founder of Project DEEP, this shift is not just operational, it reflects a redefinition of welfare. “Cash transfers have moved beyond being emergency measures. They are now tools for financial security and long-term agency. But to fully realise their value, the design, delivery, and tracking of these schemes must evolve into a coherent, participatory model.”
    The report warns of persistent exclusions, particularly among informal workers, street-dwelling populations, trans persons, and others without formal identity data. It also highlights the wide variation in adequacy. Some schemes offer as little as ₹2,400 per year, while others reach ₹2 lakh. The pension under IGNOAPS is lower than a day’s wage under MGNREGA. These disparities weaken the transformational potential of UCTs, which remain fragmented and inconsistent in their current form.

    Muzamil Baig, Co-Founder of Project DEEP, stressed that India stands at a critical point. “We now have enough scale and data to redesign the UCT ecosystem with purpose. It is time to phase out schemes that no longer serve their objectives, and build a consolidated, rights-based, citizen-centric delivery system that fosters inclusion and resilience.”
    The report proposes a three-part roadmap. First, a national policy framework to consolidate fragmented UCT schemes across ministries and states. Second, redesign tools that intentionally link UCT amounts to adequacy standards, enabling a shift from survival support to long-term opportunity. Third, robust data and feedback systems with embedded impact evaluations to align policy with the lived experience of recipients.
    Project DEEP also cautions that cash transfers must complement, not replace, investment in public infrastructure such as schools, hospitals, and roads. Without strong public goods, UCTs risk becoming stopgaps instead of catalysts for economic participation and dignity.

    With pilots in five regions and field partnerships across multiple states, Project DEEP brings ground-up insights into policy rooms. The report offers the first consolidated national overview of cash transfers in India and establishes a shared agenda for states, civil society, and philanthropic actors to move toward durable, inclusive welfare.
    Project DEEP is India’s only dedicated policy organisation focused on cash-based welfare. Its mission is to strengthen per capita income growth for the bottom 20 percent through research, community pilots, and public policy innovation. Founded by Pankhuri Shah and Muzamil Baig, DEEP works at the intersection of grassroots evidence and national design frameworks.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Four Ryan Campuses Unite with Rotary Pune to Plant 1,200 Fruit Trees in a Landmark Student-Led Drive

    Led by Dr. A.F. Pinto’s 12-point vision and Rotary’s ‘Each One, Plant One’ mission, the drive saw saplings planted by students at Wagholi, Hinjawadi, and Bavdhan campuses, with support from Rotarian Ravishankar Dakoju

    More than 1,200 fruit-bearing trees now take root across four Ryan International Academy campuses in Pune, following a landmark student-led plantation drive conducted in collaboration with the Rotary Club of Pune Camp. The initiative, spread across Ryan campuses in Wagholi, Hinjawadi, and both CBSE and ICSE Bavdhan institutions, reflects the school group’s commitment to embedding environmental values into everyday learning.
    Conducted under the ‘Each One, Plant One’ initiative, the campaign directly aligns with the 12-point vision of Dr. A.F. Pinto, Chairman of Ryan Group of Institutions, whose leadership continues to inspire education models that are rooted in sustainability. The tree plantation drive also aligns with the international theme “Our Land. Our Future. We are #GenerationRestoration”, reaffirming the importance of active student participation in ecological regeneration.

    The week-long campaign saw students, teachers, and Rotarians jointly plant trees such as mango, jamun, jackfruit, guava, rose apple, and star fruit, species selected for their environmental benefits and future yield. The saplings were donated by Rotarian and philanthropist Ravishankar Dakoju, with several Rotary leaders participating in person across the campuses.
    John Alex, Vice President of Ryan Edunation Services Pvt. Ltd., shared that sustainability is embedded in the school culture. “At Ryan Schools, we see environmental responsibility not as an event but as a way of life. Inspired by Chairman Sir’s vision, we make sure students plant saplings on their birthdays, and we begin many of our school events with tree planting. This program continues that mission, growing responsible citizens who carry empathy for the planet into adulthood.”

    The campaign was also supported by Mr. Neil Michael Joseph, Director at Baghirathi Group and Happiness in Transit, who described the initiative as an act of gratitude. He emphasized that planting a tree is not just ecological, but emotional, helping children understand the long-term responsibility of nurturing life and living with purpose.
    The tree drive is also part of a larger national movement supported by Mr. Dakoju, whose environmental leadership includes the creation of the 1,500-acre Dakoju Rotary Forest in Challakere and a vision of planting one crore saplings across India. His continued work reflects the power of civic action when combined with youth engagement and local institutional support.

    About Ryan International Academy
    Part of the Ryan Group of Institutions, Ryan International Academy offers CBSE education with a focus on international standard amenities and future-ready learning models. With nearly five decades of educational legacy, the group integrates sustainability, social sensitivity, and global competence into all aspects of its curriculum.
    About Rotary Club of Pune Camp
    The Rotary Club of Pune Camp is a part of Rotary International’s global service network, working on projects across education, health, environment, and sustainable community development.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Shree Cement Delivers 95% Profit Growth in Q1 FY26, Ramps Up Capacity and Green Power

    Shree Cement reports ₹619 crore profit in Q1 FY26, up 95 percent year-on-year, driven by pricing, premium product mix, and operational discipline across India and UAE

     Shree Cement, India’s third-largest cement group by installed capacity, has reported a consolidated profit after tax of ₹619 crore for the quarter ending June 30, 2025, marking a 95 percent increase over the corresponding quarter of the previous year. Operating profit (EBITDA) stood at ₹1,229 crore, up by 34 percent year-on-year, while total revenue rose marginally to ₹4,948 crore from ₹4,835 crore.
    The company attributed its improved performance to disciplined cost control, higher realisations, and a growing share of premium products, which reached 17.7 percent of trade sales in Q1, up from 15.6 percent in Q4 FY25. Cement sales volumes reached 89.5 lakh tonnes during the quarter.

    Union Cement Company, Shree Cement’s UAE-based subsidiary, continued to deliver strong results. Revenue grew by 19 percent year-on-year to AED 181.19 million, while EBITDA rose sharply from AED 9.02 million to AED 44.86 million, up 397 percent. The company has announced plans to expand cement capacity by 3.0 million tonnes per annum in the UAE with an investment of AED 110 million.
    The company reported that 65.65 percent of its total electricity consumption in Q1 FY26 came from renewable sources, supported by its 586 MW green power portfolio. During the quarter, it used 0.15 lakh tonnes of agro waste and 0.53 lakh tonnes of hazardous waste as alternative fuel sources, contributing to a fossil fuel offset of over 83 billion kilocalories and reducing carbon emissions.

    Shree Cement has also maintained zero liquid discharge across all its manufacturing locations, with its water positivity index improving to over eight times. The NABL accreditation awarded to its Raipur lab further strengthens its quality standards, with international recognition of its testing protocols.
    Shree Cement was recently awarded the “Most Sustainable Company in the Cement Sector” at the Business Today India Sustainability Awards 2025. It also received the State-Level Bhamashah Award 2025 from the Government of Rajasthan for its continued contributions to community education, with its Ras unit winning for the tenth consecutive year.

    The company has expanded its ready-mix concrete footprint from 15 to 21 operational plants since the beginning of FY26 and plans to scale to 50 plants by the end of the fiscal year. Ongoing cement capacity expansion projects in Jaitaran, Rajasthan, and Kodla, Karnataka will raise the company’s installed capacity to 68.8 MTPA upon completion, with a goal of reaching 80 MTPA by 2028.
    With projections of 6 to 7 percent industry growth in FY26, supported by government infrastructure spending and strong housing demand, Shree Cement remains optimistic about the operating environment. The company reaffirmed its focus on premiumisation, green transition, and operational discipline as key levers to drive sustainable profitability.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Vietjet Thailand Opens Bangkok Skies to Kolkata and Ahmedabad from ₹1

    With direct flights launching from November and December 2025, Vietjet’s expanded network links India’s east and west to Thailand’s Suvarnabhumi gateway with sub-₹1 base fares and four-day weekly frequency

     Vietjet Thailand has announced two new direct connections from Kolkata and Ahmedabad to Bangkok (Suvarnabhumi Airport), adding to its growing India–Thailand corridor. These new services will become the airline’s third and fourth direct links to India, extending its regional footprint and enhancing travel access for leisure, business, and cultural exchange.
    The Kolkata–Bangkok route will commence operations on November 17, 2025, with Flight VZ771 departing Kolkata at 00:20 and landing in Bangkok at 04:25. Return Flight VZ770 will leave Bangkok at 21:55 and arrive in Kolkata at 23:20. Services will run four times a week, on Monday, Tuesday, Thursday, and Saturday.

    The Ahmedabad–Bangkok connection will begin on December 4, 2025, marking Vietjet Thailand’s first entry into Gujarat. Flight VZ751 departs Ahmedabad at 23:55 and reaches Bangkok at 05:35 the next morning, while return Flight VZ750 leaves Bangkok at 19:40 and lands in Ahmedabad at 22:55. This route will also operate four times weekly on the same days.
    To mark the launch, Vietjet Thailand has introduced the “Takeoff to Bangkok from ₹1” fare campaign, with base prices starting from just ₹1 (exclusive of taxes and fees). The promotional fares are available for booking from July 31 to August 5, 2025, for travel dates between November 17, 2025 – March 28, 2026 (Kolkata) and December 4, 2025 – March 28, 2026 (Ahmedabad). Tickets are available via www.vietjetair.com and the Vietjet mobile app.

    The additions aim to increase mobility between India and Thailand’s largest transit hub, Suvarnabhumi Airport, while enabling direct access to Vietjet’s wider domestic Thai network, from Chiang Mai, Phuket, and Krabi to Udon Thani and Surat Thani.
    Mr. Woranate Laprabang, Chief Executive Officer of Vietjet Thailand, said, “The launch of these new services from Kolkata and Ahmedabad to Bangkok reaffirms our continued investment and development in the Indian market. We’re proud to offer greater convenience, exceptional value, and a safe, friendly flying experience as we expand our network across key destinations in the region.”

    Vietjet Thailand currently operates 11 domestic routes within Thailand and connects to countries including Japan, South Korea, Vietnam, and China. The airline has received the “Best Low-Cost Airline Brand – Thailand 2025” and “Most Passenger-Friendly Cabin Crew – 2025” titles from Global Brand Awards and International Finance Magazine, respectively.
    As Bangkok remains one of the top outbound destinations for Indian travelers, these direct additions further bridge travel across India’s cultural and economic regions. From grand temples and vibrant food districts to coastal leisure in Pattaya, the Vietjet Thailand network now puts it all within four hours of Ahmedabad and Kolkata.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Google Cloud, AWS, AccelByte, GameRefinery, AppMagic & Lysto Join KRAFTON India’s KIGI Program

    The global technology platforms now partner with KRAFTON India to deliver cloud, backend, analytics, and playtesting infrastructure for early-stage game studios in India

    KRAFTON India has formalized collaborations with a group of global technology and analytics platforms to support studios participating in its KRAFTON India Gaming Incubator (KIGI) initiative. These collaborators include Google Cloud, Amazon Web Services (AWS), AccelByte, GameRefinery, AppMagic, and Lysto.
    Through this initiative, KIGI-backed gaming startups will now receive access to cloud credits, infrastructure, backend platforms, feature analytics, playtesting services, and startup-specific technical support to help them build, test, and scale games more efficiently.

    Google Cloud provides infrastructure credits, office hours, startup support managers, and one-year access to Google Workspace Business Plus for new signups. AWS offers a scalable suite of cloud tools including computing, storage, and deployment support.
    AccelByte offers backend integration with cross-platform play, data storage, monetization, matchmaking, and other features vital to modern game development, removing the need for internal LiveOps or server teams.
    GameRefinery, a Liftoff company, brings mobile game feature-level analytics across over 100,000 games, helping studios benchmark engagement, revenue strategies, and update impact. AppMagic complements this with competitive market data and intelligence, supporting planning and user acquisition decisions.
    Lysto offers global player research and playtesting support, with structured testing for concepts, live titles, and prototypes. Their panel of over 1 million gamers allows targeted feedback across geographies and demographics.

    Anuj Sahani, Head of KRAFTON India Gaming Incubator, said: “We’re proud to provide our KIGI startups access to some of the world’s most advanced tools and platforms through these partnerships. These collaborations will dramatically reduce development cycles, improve scalability, and empower founders to focus more on creative innovation rather than operational hurdles.”

    Sean Hyunil Sohn, CEO of KRAFTON India, added: “KIGI reflects our long-term commitment to building India as a global gaming hub. These tools elevate the technical foundation of each startup and fuel their ambition to think bigger, build faster, and reach wider audiences.”
    Launched in 2023, the KRAFTON India Gaming Incubator offers mentorship, product development guidance, grants between $50,000 and $150,000, and access to global resources. KIGI has supported startups from cities including Madurai, Kolkata, Hyderabad, Bengaluru, Mumbai, and Delhi.
    With these collaborations, KIGI aims to help Indian gaming startups build globally competitive, high-quality games with fewer technical and financial barriers.

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Mrs. Tina Ambani Inaugurates RoboGynIndia 2025 at Kokilaben Dhirubhai Ambani Hospital

    The 4th annual conference of the Association of Gynecological Robotic Surgeons convenes in Mumbai, spotlighting the convergence of surgical robotics and women’s health innovation

    Mrs. Tina Ambani, Chairperson of Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute, inaugurated RoboGynIndia 2025, the 4th Annual Conference of the Association of Gynecological Robotic Surgeons, held at the hospital in Mumbai.
    Delivering her remarks at the event, Mrs. Ambani said, “Robotics has proven to be a gamechanger in the field of gynaecology. And the confluence of future-ready technology and medical expertise is yielding incredible breakthroughs. That’s why conferences like RoboGynIndia are so important.”

    Mrs. Sonali Bendre Behl, present as Guest of Honour, reflected on her personal journey with cancer and her connection with Kokilaben Hospital. “Kokilaben hospital gave me a second life, and I’m forever grateful. The care and confidence they provide extends beyond the patient, it touches the entire family. I’m inspired to see how technology and compassion come together here to transform lives.”

    The conference also welcomed Dr. Santosh Shetty, CEO and Executive Director of Kokilaben Dhirubhai Ambani Hospital, as Special Invitee.
    RoboGynIndia 2025 brought together professionals committed to advancing gynecological care through robotic-assisted technologies. The platform was hosted at Kokilaben Hospital, which has consistently positioned itself as a center for advanced medical procedures and integrated care delivery.

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Gujarat to Karad: Two Industrial IPOs Strengthen BSE SME as Patel Chem and Shree Refrigerations List

    With ₹176 crore raised and a 31% premium on debut, the dual listings reflect momentum in India’s SME investment ecosystem across specialty chemicals and HVAC manufacturing

     The BSE SME Platform recorded two notable industrial additions as Patel Chem Specialities Ltd. and Shree Refrigerations Ltd. made their public market debut. With one headquartered in Ahmedabad, Gujarat, and the other in Karad, Maharashtra, both companies signal sectorally diverse momentum in India’s small and medium enterprise exchange segment.
    Patel Chem Specialities Ltd., promoted by Bhupesh Patel, Anshu Patel, and Vini Patel, manufactures cellulose-based excipients essential to pharmaceuticals, food processing, and cosmetics. The company’s IPO involved a fresh issue of 70 lakh equity shares at ₹84 per share, raising ₹58.80 crore. On listing, the stock opened at ₹110, marking a 31% premium over its issue price.

    Shree Refrigerations Ltd., led by Ravalnath Gopinath Shende, Rajashri Shende, and Devashree Vishwesh Nampurkar, specializes in HVAC systems and marine chillers. The company supplies refrigeration technology to sectors such as automotive, chemicals, media, and defence. Its IPO featured a combination of fresh issuance (75.61 lakh shares) and offer-for-sale (18.25 lakh shares) priced at ₹125 per equity share, aggregating ₹117.33 crore.

    Both companies closed their IPOs on July 29, 2025. Their listings as the 598th and 597th companies on the BSE SME Platform bring the total count closer to the 600 mark, underlining the SME board’s expanding industrial footprint across states and technologies.

    Patel Chem Specialities represents Gujarat’s growing footprint in chemical innovation, while Shree Refrigerations exemplifies Maharashtra’s evolving manufacturing supply chain connected to defence and maritime sectors. Their market entry reflects a wider trend of diversified small-cap participation across India’s equity landscape.
    For complete IPO information:

  • Asia Index Pvt. Ltd. Now Functions Under the BSE Index Services Name

    The move formalizes the company’s operational identity under BSE Ltd. and reinforces its role in maintaining India’s most referenced indices.

    Asia Index Pvt. Ltd., the firm responsible for designing and maintaining some of the country’s most tracked investment benchmarks, will now operate as BSE Index Services Pvt. Ltd. The change brings its name into full view of what’s long been true internally: the company is wholly owned and governed by BSE Ltd., India’s first stock exchange and the force behind the SENSEX.
    The update carries no disruption. Product frameworks, licensing models, and index methodologies remain exactly as they are. But the visibility improves. For institutional investors, index users, asset managers, and data vendors, the name now reflects the structure they already operate under.

    Managing Director and CEO Ashutosh Singh said the updated name was overdue. “Everything we deliver has always reflected BSE’s governance. This simply puts the name on it,” he said.
    The company will continue to offer indices used across exchange-traded funds, passive funds, structured notes, mandates, and benchmark-sensitive portfolios. Its catalog includes market-wide indices, sector compositions, thematic baskets, factor-weighted models, and debt market indicators.

    BSE Index Services Pvt. Ltd. also remains the authorized publisher and steward of the SENSEX, India’s original equity benchmark.
    BSE Ltd., the parent company, is globally recognized for its history and scale. With the largest number of listed companies worldwide, it also runs India’s most diversified marketplace, from equities and debt to mutual funds, derivatives, and corporate listings. The new naming clarity ensures that all parties using indices from this group know exactly who stands behind them.

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.