Blum India, Hyderabad Hardware open new Experience Centre
Blum India has launched a new Experience Centre in Hyderabad, in collaboration with Hyderabad Hardware. Located in Sri Nagar Colony, the centre offers visitors an immersive space to explore Blum’s globally acclaimed fittings, including soft-close hinges, lift systems, and silent drawers. The centre was inaugurated by Nadeem Patni, Managing Director, Blum India, and Pavan Kumar Kanodia, owner of Hyderabad Hardware. It is Blum’s second experience centre in the city, aimed at expanding reach and offering customers tactile engagement with its product range. “This centre gives custo..
REC gets CBDT nod for ₹5,000 crore Zero Coupon Bond
REC has received approval from the Central Board of Direct Taxes (CBDT) to issue Zero Coupon Bonds (ZCBs) worth Rs 50 billion. The Maharatna PSU under the Ministry of Power was notified via CBDT Notification No. 52/2025 dated 30 May 2025. The approved issuance includes five lakh ZCBs with a tenure of ten years and six months. These bonds, issued at a deep discount and redeemable at face value, offer tax benefits under the Income-tax Act, 1961—making them attractive to a wide investor base. REC’s earlier Rs 50 billion ZCB issuance in FY 2024–25 was oversubscribed nearly seven ti..
NACDAC PAT Rises 39%, Net Worth Doubles in FY25
NACDAC Infrastructure Limited has posted robust financial results for the fiscal year ended March 2025, with profit after tax (PAT) rising by 38.97 per cent year-on-year and net worth more than doubling. The company also reported a 33.84 per cent increase in revenue from operations, supported by operational efficiency, strategic project execution, and expansion across sectors and regions.In FY25, NACDAC recorded:Revenue from operations of Rs 485.8 million (up from Rs 362.97 million in FY24)EBITDA of Rs 67.6 million (up 31.93 per cent YoY)PAT of Rs 41.4 million (up from Rs 29.8 million in FY24)..
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