Blackstone buys Embassy Industrial Parks from Warburg Pincus

Hindware Launches India’s First IoT-Enabled Chimney with MaxX Silence Tech

Hindware’s newly launched Optimus I-Pro marks a breakthrough in kitchen technology as India’s first IoT-enabled chimney featuring MaxX Silence Technology, which reduces noise by 32% compared to traditional auto-clean models. Designed for Indian kitchens, it offers a filterless design with high suction capacity, ideal for heavy-duty cooking.  The chimney comes with Thermal Autoclean Technology, eliminating the need for manual cleaning. It also features a real-time display clock, touch control panel, and motion-sensing operation that allows users to control it with a wave of their ..

Global Surfaces clocks Rs 2.07 Billion Revenue in FY25

Global Surfaces Limited reported consolidated revenue from operations of Rs 2.07 billion for the financial year ended March 31, 2025. The company posted an EBITDA of Rs 19.29 million, reflecting a margin of 0.93 per cent.FY25 was marked as a strategic investment year with operational and technological expansions. A key development was the commissioning of its UAE facility in February 2024, which focused on innovation and product trials without initial commercial sales. Despite limited revenue, depreciation and interest costs were fully recognised, resulting in a temporary drag on profitability..

Cummins Crosses Rs 100 Billion in Annual Revenue

Cummins India Ltd reported standalone revenue of Rs 101.66 billion for FY25, a 15 per cent increase over the previous year. Domestic sales rose 18 per cent to Rs 83.95 billion, while exports advanced six per cent to Rs 17.71 billion. Profit after tax stood at Rs 19.06 billion, up 15 per cent year-on-year.For the March quarter, total sales were Rs 24.14 billion, a six per cent rise over the same period last year. Export sales jumped 39 per cent to Rs 4.79 billion, while domestic sales saw a marginal one per cent increase. Profit after tax for the quarter was Rs 5.21 billion, seven per cent lowe..