India, 16th october 2025: The Initial Public Offering of Quartz Processor, Midwest Limited, India’s largest producer of Black Galaxy and Absolute Black granite has been fully subscribed to 1.84 times on the first day of bidding, demonstrating strong demand from retail and non-institutional investors for this IPO.

The issue received bids of 57,33,840 shares against the offered 31,17,460 equity shares, according to data available on the stock exchanges.

Retail Portion and Non-institutional Portion were subscribed 1.60 times and 4.17 times, respectively. Qualified Institutional Buyer (QIB) subscribed 0.50 times, and the Employee Portion was subscribed 2.54 times.

The issue kicked off for subscription on Wednesday, October 15, 2025 and will close for subscription on Friday, October 17, 2025.

A day before the opening of the issue, Midwest Ltd had raised Rs 135 crore from anchor investors. Some of the marquee institutions that participated in the anchor include Goldman Sachs India Equity Portfolio, Edelweiss Life Insurance Company, Axis Mutual Fund Trustee – Axis Mutual Fund Small Cap Fund, Sun Life Aditya Birla India Fund, Kotak Mahindra Trustee – Kotak Consumption Fund, Edelweiss Trusteeship – Edelweiss Recently Listed IPO Fund, ITI Muti Cap Fund, Svadha India Emerging Opportunities Scheme 1.

Leading brokerage firms like Aditya Birla Money, BP Wealth, and Ventura Securities have given a “Subscribe” rating to the issue highlighting the company has a legacy of more than four decades in the extracting and processing dimensional granite, particularly black galaxy and absolute black varieties. It is India’s largest producer of black galaxy and black granite stones, and held a share of approximately 64% of the Indian export market for the export of black galaxy stone during FY25. The company’s absolute black granite production accounted for 15.7% of the overall black granite production in India during FY25. In addition to natural stone business, the company also manufactures diamond wire, which caters to both captive consumption and market demand of the Indian mining and construction industry.

On the valuation front, at the upper end of the price band, the issue is valued at a P/E of 30 times. The company’s diversification into quartz and HMS segments positions it to tap into high-growth industries like solar glass, electric vehicles (EVs), aerospace, and semiconductors. This strategic shift aligns well with India’s push for self-reliance and comes at a pivotal time amid global supply chain disruptions. The report highlights these new verticals will make a meaningful contribution to the company’s revenue and ensure profitability over time. 

Dam Capital Advisors, Intensive Fiscal Services and Motilal Investment Advisors are the book-running lead managers, and Kfin Technologies Limited is the registrar of the issue.

Goa, 15th October 2025: The  Minister for Tourism, Government of Goa, Shri Rohan A. Khaunte, represented the state at the National Conference of State and Union Territories Tourism Ministers held in Udaipur, Rajasthan on 14th–15th October 2025. The two-day conference, organised by the Ministry of Tourism, Government of India, was graced by Shri Gajendra Singh Shekhawat, Union Minister of Culture and Tourism, and brought together Tourism Ministers, Secretaries, and senior officials from across India to deliberate on policies, strategies, and coordinated initiatives to strengthen India’s tourism ecosystem.

The Goa delegation included Shri Kedar Naik, Director of Tourism, and Shri Shawn Mendes, OSD to the Minister for Tourism.

The conference served as a strategic platform to discuss draft frameworks on the Development of 50 Tourist Destinations, Performance Linked Incentives (PLI), and the Integrated Tourism Promotion Scheme (ITPS)  all designed to position India as a holistic tourism destination in both domestic and global markets.

Speaking at the conference, Shri Rohan A. Khaunte stated,

“Goa’s tourism vision is rooted in regenerative practices that balance economic growth with environmental preservation and community well-being. As we begin the 2025–26 season, Goa is expanding its international connectivity and diversifying its offerings. Our new destination development projects in Pernem and Canacona will redefine Goa’s tourism landscape by fostering community and economic growth while upholding our commitment to sustainability. Through technology-enabled tourist safety and a visitor-first approach, we aim to deliver transformative experiences inspired by our philosophy of Atithi Devo Bhava.”

Goa’s presentation highlighted two flagship projects  the Mega Performance Arena at Mandrem (Pernem) and the Lord Parshuram Statue and Museum with the Lifescape Project at Loliem (Canacona) — envisioned as transformative hubs to enhance visitor experiences, generate employment, and strengthen Goa’s global positioning.

The Mega Performance Arena, a 20,000-seat state-of-the-art facility, will serve as a flexible, multi-use venue for international concerts, conventions, cultural festivals, and entertainment events — establishing Pernem as a northern tourism gateway.

The Lord Parshuram Statue and Museum, together with the Lifescape Project, will be developed as a cultural and spiritual landmark celebrating Goa’s mythological heritage. Featuring storytelling zones, scenic viewpoints, and curated exhibits, the project will anchor hinterland tourism growth in South Goa and advance the state’s “Goa Beyond Beaches” vision.

Shri Kedar Naik, Director of Tourism, remarked,

“The Udaipur conference provided an excellent opportunity to align Goa’s regenerative tourism model with the national strategy. Our focus is on strengthening Goa’s identity as a year-round experiential destination through infrastructure enhancement, heritage conservation, and digital solutions for safety and engagement. Projects like the Mega Performance Arena and the Lord Parshuram Museum will create new economic opportunities for local communities while positioning Goa on the world tourism map.”

During the plenary and technical sessions, Goa showcased its long-term regenerative tourism strategy, focused on sustainability, community participation, digital innovation, and infrastructure development.

The Minister also highlighted Goa’s strong start to the 2025–26 tourism season, marked by the arrival of the first charter flight and enhanced international air connectivity. With three new weekly flights from Novosibirsk to MOPA, nine weekly Aeroflot flights from Moscow, Yekaterinburg, and Novosibirsk, and upcoming charter operations from Kazakhstan starting 25th October 2025, Goa continues to strengthen its presence in key source markets.

Goa’s roadmap is anchored on seven strategic pillars:

1. Eco & Nature-Based Tourism

2. Goan Backwaters

3. Heritage & Culture

4. MICE Tourism

5. Adventure Tourism

6. Leisure & Entertainment

7. Spiritual, Wellness & Medical Tourism

The state reaffirmed its commitment to technology-enabled tourist safety, seamless visitor experiences, and community-centered development, aligning with India’s broader tourism growth agenda.

Through its participation in the National Tourism Ministers’ Conference, Goa reaffirmed its role as a key stakeholder in shaping India’s tourism future — driving towards a vibrant, resilient, and globally competitive tourism ecosystem built on the principles of sustainability and inclusivity.

Sunnyvale, CA| Pune, India — 16 October, 2025 — Xoriant, a global engineering and technology services company, today announced that it has officially advanced to the Global Summit Partner level within the Salesforce ecosystem, the highest recognition awarded to partners worldwide, via its subsidiary Fexle. This milestone reinforces Xoriant’s commitment to accelerating digital transformation across industries and multi-cloud environments by combining Salesforce’s pedigree with Xoriant’s applied intelligence approach and deep engineering expertise.

As a Salesforce Global Summit Partner, Xoriant joins an elite group of organizations globally recognized for their proven expertise, scale, and innovation across Salesforce’s multi-cloud offerings. It reflects a strong delivery track record, certified experts, and measurable customer success, bringing together consulting, design, engineering, and managed services expertise under one roof.

“Our elevation to Global Summit Partner is testament to the value we are realizing for our customers,” said Mukund Rao, President, Xoriant. “Together with Salesforce, we are helping enterprises simplify processes, unlock agility, and turn their transformation goals into measurable business impact.”

As a Global Summit Partner, Xoriant will further strengthen its strategic collaboration with Salesforce by bringing together:

· A global delivery model that connects strategy, design, and execution seamlessly.

· Proven multi-cloud and industry expertise across Manufacturing, Hi-Tech, Financial Services, and Healthcare.

· A unified Salesforce Center of Excellence, integrating AI, Data Cloud, MuleSoft, and Industry Cloud capabilities to deliver next-generation transformation programs.

· Closer alignment with Salesforce field and partner teams across geographies, enabling faster innovation and joint go-to-market initiatives.

This advancement builds on Xoriant’s expanding Salesforce practice, which has delivered end-to-end platform modernization, AI-driven personalization, and industry-specific solutions to enterprises globally.

At Dreamforce 2025, Salesforce’s flagship global event, Xoriant will showcase its latest industry relevant and intelligent solutions, including Health Sight, Wealth View, User Intel, and others, which are designed to help enterprises unlock agility through AI-driven digital engineering, data modernization, and secure multi-cloud transformation.

Mumbai/Delhi NCR, 15 October 2025: Jeena & Company, a leading player in freight forwarding and supply chain solutions, celebrated its 125^th anniversary with a grand gala that brought together five generations of leadership, decades-long partners, and employees who collectively represent more than a century of service excellence.

The anniversary celebration was both a reflection on the company’s journey from a single-office operation in 1900 to its present-day global presence and a bold declaration of its vision for the next 125 years. The gala highlighted enduring relationships that define the company, including a Germany-based client partnership spanning over 40 years.

Reflecting on this massive milestone, Sam Katgara, Partner, Jeena & Company, said, “As we celebrate 125 years of Jeena, we continue to honour our legacy of service excellence, built on passion, integrity, and generations of trust. Our strength lies in the loyalty and dedication of our people, with over 25% of our colleagues serving for more than 15 years, reflecting our deep belief in nurturing growth from within. Through challenges and new beginnings, we have remained guided by our values, standing firm not to be the biggest, but to be the best.”

As the fifth-generation siblings Ayesha, Nari, and Jeh Katgara step into leadership, they bring fresh perspectives to time-tested foundations. The company has already embarked on significant transformation initiatives, partnering with global technology leaders to modernise its operations while maintaining its customer-first approach.

Speaking at the occasion, Prediman Koul, Chief Executive Officer, said, “Today, we are not only celebrating 125 years of Jeena’s presence in the industry, but also honouring the service, trust, and dedication that have brought us here. As we raise a toast to the future, we look forward to the next 125 years of delivering excellence, embracing digital transformation, and building more sustainable logistics solutions for our customers worldwide. Very few companies have the privilege of such a legacy, and even fewer get the opportunity to transform themselves for the next century — Jeena is proud to be among them.”

While few companies reach 125 years, even fewer successfully transition into their next century of growth. Jeena & Company, one of India’s largest logistics firms, is the first freight forwarding company to transition from paper-based documentation to fully digital operations. As the company steps into its next century, it continues to set new benchmarks in global logistics through innovation and digital transformation.

Building on 125 years of legacy and excellence, the company is now charting the course for the next century with innovation, digital transformation, and a vision to serve global customers for generations to come.

Notes to Editor  additional quotes by fifth generation

Ayesha Katgara, the Head Transformation Office, said, “We take immense pride in our legacy of trust, goodwill, and partnerships. This milestone is not just a reflection of our past, but a commitment to the future. With technology, digital transformation, and our people at the core, we are determined to carry forward this heritage while shaping a future that is agile, innovative, and global.”

Nari Katgara:  “At Jeena, we do not measure headcount; we measure heart count. Eleven percent of our workforce has been with us for over 15 years – they carry our history and values forward. We are proud to honour our legacy while shaping a future that is global, innovative, and people-driven. With fresh ideas and bold ambitions, we are committed to carrying this story forward for the next 150 years, and beyond.”

Jeh Katgara: “Every successful business relies on contributions from all levels and core values established at the beginning. As we prepare to lead Jeena into its next chapter, we feel both the weight of responsibility and the excitement of possibility.”

Panasonic India marks International E-Waste Day with 500 kg collection drive and sustainability awareness initiatives

New Delhi, 15^th October 2025: Panasonic Life Solutions India (PLSIND), a leading diversified technology company, celebrated International E-Waste Day 2025 as part of its flagship sustainability program, Harit Umang.  The program addresses important issues linked to e-waste & plastic management, afforestation/ biodiversity and energy conservation.

This year’s International E-Waste Day focused on the theme ‘Critical Raw Materials’ resources of high economic importance that are essential to the functioning of modern technologies and industries. The theme resonated strongly with Panasonic’s global sustainability commitment, GREEN IMPACT mission– aimed at reducing CO₂ emissions by more than 300 million tons globally by 2050.

Reinforcing its Extended Producer Responsibility, Panasonic encouraged its employees to take part in #DiwaliWaaliSafai, a special collection drive urging them to contribute e-waste from their homes for responsible recycling. Extending the awareness beyond the workplace, Panasonic also partnered with over 10 institutes, 8 schools, and 2 colleges, engaging students in interactive learning sessions on sustainable practices. Through exhibitions and a ‘Gallery Walk’, participants discovered how critical raw materials are embedded in everyday appliances and explored the importance of responsible collection and disposal of e-waste.

Speaking on the occasion, Mr. Tadashi Chiba, MD and CEO, Panasonic Life Solutions India (PLSIND), said, “Sustainability lies at the heart of Panasonic’s philosophy and guides every action we take. This International E-Waste Day is a reminder that tackling the global e-waste challenge requires shared responsibility. While Panasonic continues to design for longevity and maximize resource recovery, we urge every consumer to take that critical final step, that is, don’t hoard, recycle. Together, we can close the loop and protect our shared environment for future generations.”

The initiative successfully collected over 500 kilograms of e-waste, all of which was responsibly handed over to authorized recyclers for metal extraction and recovery.

Chennai, 15th October 2025: This festival of lights Moonbakes, Chennai’s finest pastry and dessert studio, introduces a special Diwali collection, going beyond traditional mithai to create a truly one-of-a-kind festive fusion experience. The menu blends beloved Indian sweets with European patisserie finesse, alongside some timeless favorites. Priced  from INR 890–INR 1250, celebrate this Diwali  with Moonbakes and explore the exquisite ensemble at moonbakes.co.in to make every moment sweeter.

Where traditional flavours meet modern dessert artistry Moonbakes’ mesmerizing collection of desserts features Motichoor and Gulab Jamun Cheesecakes, Baklava Tart, Choco Ganam Mendiants, and Sugar-Free Truffles that reinvents classic Indian desserts alongside nostalgic treats like Nei Mittai sticks, Assorted Barfi Box, Baked Murukku Box, and Spiced Cashew Nuts. Each dessert is carefully crafted to reflect the joy of the festivities and bring back the comfort of fond memories of the festival.

The desserts are crafted with the finest of the ingredients and presented with perfection to be a visual and sensory delight. Their exquisite packaging and thoughtful detailing make them the perfect gifting choice to share joy and indulgence this festive season. The Assorted Nei Mittai Sticks and Indulgent Barfi Box are thoughtfully packed making them elegant gifts for the occasion.

 The whole range caters to all palates and dietary needs. It’s a celebration of flavour and finesse, where each creation embodies the joy of craftsmanship and the beauty of tradition reborn. Celebrate the season of joy with Moonbakes and explore the full festive spread at moonbakes.co.in.

Zee Kannada Kutumba Awards 2025 brings 3 nights of spectacular entertainment from October 17th–19th at 6:30 PM

Bangalore, 15 October 2025: This October, get ready to celebrate talent, creativity, and passion like never before, as Zee Kannada takes entertainment to new heights with the Kutumba Awards 2025, airing on 17th, 18th, and 19th October from 6:30 PM onwards. Across three spectacular nights, viewers can expect a dazzling blend of glamour, emotion, and unforgettable performances, hosted by the dynamic trio Anushree, Niranjan, and Akul Balaji.

The beloved awards show returns to honor excellence across six major categories – Favourite Actor, Favourite Actress, Favourite Jodi, Favourite Serial, Favourite Reality Show, and Favourite Anchor. Along with these six main categories, there will also be many other categories and winners announced. This year’s edition goes beyond awards, featuring special tributes, star-studded performances, and heartfelt moments, offering a truly immersive experience that celebrates the spirit of the Zee Kannada family. Viewers can expect engaging games, emotional tributes, and awe-inspiring acts that capture the magic of Kannada television.

Adding prestige to the celebration, the Kutumba Awards 2025 will witness the presence of Rishabh Shetty, Rukmini Vasanth, and His Highness Mysore King Yaduveer Krishnadatta Chamaraja Wadiyar. A standout highlight will be Weekend with Ramesh Miniature, where Rishabh Shetty will share personal stories from his journey, creating one of the evening’s most memorable moments.

Speaking on the occasion, Deepak Sriramulu, Business Head of Zee Kannada and Kannada ZEE5, said,“The Kutumba Awards 2025 have been a spectacular celebration of talent, creativity, and the incredible spirit of our Kannada television family. Marking 20 years of Zee Kannada, we wanted to create a celebration that is truly memorable for our viewers. Being the most loved Kannada channel, our journey of crafting stories, smiles, and milestones continues, powered by the love of our audience. Their support has inspired us to launch hit shows like Naa Ninna Bidalaare, Karna, and Shree Raghavendra Mahatme, and introduce a new channel, Zee Power, this year. Our energy, storytelling, and connection with audiences have never been stronger. Beyond television, our OTT platform ZEE5 continues to bring Kannada stories to life through Namma Bhaashe, Namma Kathegalu, while Bullet, our micro-series app, is redefining storytelling for today’s fast-paced generation.”

The Zee Kutumba Awards 2025 continues to celebrate the heritage, innovation, and heart of Kannada television, bringing together the industry’s brightest stars and most creative minds for three unforgettable evenings of joy, pride, and entertainment.

Bengaluru,15th October 2025– MATTER, India’s pioneering electric mobility innovator, today announced the grand opening of its newest Experience Hub in Attibele, Bengaluru. This expansion marks another milestone in MATTER’s rapidly growing retail presence, underscoring its commitment to drive India’s transition towards clean, connected, and sustainable mobility.

The MATTER Experience Hub located at Attibele, Anekal, Bengaluru , is designed as a futuristic destination where riders can explore MATTER’s cutting-edge EV technologies and experience first-hand the AERA—India’s first geared electric motorbike.

The inauguration was graced by MATTER’s leadership team, dealer partners, and EV enthusiasts from across Bengaluru, marking a vibrant step in Karnataka’s electric mobility journey.

Speaking at the launch, Mr. Saran Babu, Founder & Group CDO, MATTER, said:
“Attibele is one of Bengaluru’s fastest-developing growth corridors, strategically located to connect urban commuters and long-distance travellers alike. With our new Experience Hub here, we are enabling more people to discover and engage with MATTER’s world-class EV innovations. The AERA is not just about commuting—it is about redefining how riders experience performance, sustainability, and technology on Indian roads.”

The Dealer Principal, Mr. Mahesh C., added:
“We are delighted to bring MATTER’s groundbreaking EV experience to Attibele. The community here is ready for a new era of mobility, and with the AERA, we are offering a unique combination of advanced engineering, performance, and sustainability that will truly redefine riding.”

AERA – Geared for Thrills, Built for the Future

At the heart of the Experience Hub is the AERA 5000+, the world’s first manufactured geared electric motorbike and MATTER’s flagship innovation. Equipped with HyperShift, a 4-speed manual gearbox, the AERA combines the thrill of gears with the efficiency of electric power—bridging tradition and future mobility.

Visitors to the Attibele Hub can explore a phygital environment—where immersive digital engagement meets hands-on product experience. From interactive displays to test rides, the Hub is designed to help riders understand MATTER’s in-house engineered innovations that are shaping the future of urban mobility.

Key Features of the AERA 5000+:
• HyperShift Gearbox – 4-speed manual transmission with Eco, City, and Sport ride modes
• Liquid-Cooled Powertrain – Engineered for India’s urban traffic and high temperatures
• 7” Smart Touch Dashboard – Navigation, ride stats, media, and OTA updates
• 5kWh Battery Pack – Certified 172 km range; IP67 rated for dust and water resistance
• Quick Acceleration – 0–40 km/h in under 2.8 seconds
• Enhanced Safety – Dual disc brakes with ABS, dual suspension, smart park assists
• MATTER Mobile App – Real-time tracking, ride history, remote controls
• Lifetime Battery Warranty – A first in India, ensuring long-term rider confidence

About MATTER

MATTER Motor Works, an electric mobility startup founded in January 2019 in Ahmedabad, is redefining the future of mobility with its “Innovate in India” approach. Committed to building an independent EV ecosystem, MATTER explores every facet of electric mobility to drive India towards a sustainable future.
Its flagship product, AERA, World’s first manufactured geared electric motorbike, has been recognized as the “Editors’ Choice Electric Motorcycle of the Year” by Top Gear India, alongside prestigious accolades like “EV Bike of the Year 2025” by ACKO Drive and “Innovation Startup of the Year” at the Outlook Business Spotlight Awards.

Powered by a team of over 600 innovators, MATTER is at the forefront of cleaner mobility through in-house technology and groundbreaking innovations. With over 375 patent filings and 82 granted patents, spanning powertrain, liquid cooling, battery management, gearbox technology, cyber security (EV), charging infrastructure, and manufacturing automation, MATTER is shaping the evolution of India’s EV landscape—driving the nation towards energy independence.

From Struggles to Strength, coto’s Brand Film Series Brings Real Characters and Their Healing Journeys to Life

India, 15th October, 2025: coto, India’s leading emotional wellness platform, has launched a new series of seven short films based on real-life emotional experiences. Each film highlights a different personal story, inspired by common challenges people face, such as anxiety, burnout, identity issues, and relationship struggles. Rooted in actual conversations and stories shared on the platform, this series provides insight into the emotional burdens people quietly carry and the support they seek daily.

The series explores a wide spectrum of emotional challenges, from loneliness to imposter syndrome and relationship struggles. Whether it’s managing multiple roles, sustaining love under pressure, or navigating the constant noise of expectations, one message stands out: healing begins when we are seen, heard, and supported. Each story in the series quietly reflects how access to the right support without judgment or delay can make a real difference. This core message is powerfully communicated throughout the series.

Shefali Anurag, Co-founder at coto, said: “We’re helping people build a habit. A habit of checking in with themselves, of making space for emotional wellness every day, not just when things fall apart. We aim to shift the mindset that emotional care is only for moments of crisis. Each story is inspired by real experiences shared by users. They reflect the common emotional challenges people face — from silent anxiety and burnout to imposter syndrome, loneliness, and the pressure to belong. What makes these stories powerful is not just the pain they reveal, but the choice each person makes to seek support. Through these films, we’re reminding people that emotional care is not a luxury. It’s a mindset. Healing is not linear and requires effort and practice. And it starts by normalizing the act of reaching out.

ECCO Steps Into South India with First Bengaluru Store at Phoenix Mall of Asia

India ,14th October 2025: ECCO, the premium Danish footwear brand known for its innovation, craftsmanship, and comfort, continues to strengthen its footprint in India with the launch of its first store in South India at Phoenix Mall of Asia, Bengaluru, with 1195 sq. ft. space. This marks ECCO’s 7th store in India, furthering its commitment to bringing global retail experiences to the discerning Indian consumer.

Strategically located at one of Bengaluru’s most anticipated and upscale retail destinations, the new ECCO store offers a complete assortment of men’s and women’s footwear collections, ranging from casual and formal styles to performance-driven outdoor and golf shoes. Designed in line with ECCO’s global retail identity, the store provides a minimalist, Scandinavian shopping environment that allows the product to take center stage.

In a first for the Indian market, the Bengaluru store also features an exclusive preview of ECCO’s Autumn/Winter 2025 collection–

• Cozmo – Classic Nordic sandals designed for all-day comfort, blending minimal design with a cushioned and supportive sole for effortless wear.

• Biom – Modern biomechanical sneakers engineered to guide your natural stride with lightweight support and anatomical precision.

• Sculpted – Contemporary block-heeled shoes crafted for 24-hour comfort, featuring anatomical support, soft foam soles, and elegant leather uppers.

• Soft – Classic comfort sneakers that offer exceptional softness, flexibility, and foot-hugging support with a modern, versatile look.

• Metropole –  City shoes crafted in premium leather, offering sleek modern design with lightweight comfort and versatile wear for every occasion.

Reinforcing the brand’s position as a forward-thinking leader in comfort-driven, design-first footwear.

Commenting on the new store launch, Sumeet Lodhia, Country Manager  ECCO India, said, “The launch of our first ECCO store in Bengaluru is a defining moment for our growth in India. As we bring our globally trusted comfort and innovation to South India, Phoenix Mall of Asia offers the perfect setting to introduce customers to our premium experience. This store reflects ECCO’s commitment to thoughtful craftsmanship and contemporary design, and we look forward to welcoming Bengaluru’s dynamic audience.”

With this launch, ECCO establishes its seventh store in India, reinforcing its focus on catering to high-potential urban markets. The new store’s location in Phoenix Mall of Asia, one of the region’s largest and most premium shopping destinations, makes it a strategic step in ECCO’s broader vision to connect with discerning consumers across India.

The store’s design, layout, and assortment have been planned to align with ECCO’s global retail strategy while catering to India’s growing demand.