PNI News -

Dubai, UAE — Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced a global ecosystem offering that brings together an expanded collaboration with Dow, a materials science company and provider of advanced coolant technologies, and a new partnership with Solenis, a provider of specialty chemicals and water treatment solutions, to help operators manage and optimize liquid cooling infrastructure as a single, integrated thermal system. The initiative integrates Vertiv’s infrastructure,…

Hyderabad : Hyderabad’s residential landscape is evolving, and EIPL Group is expanding its footprint to be part of that growth. The developer, known for its residential projects across West Hyderabad, is entering the southern corridor with two distinct developments, Treasure Trove and Orbis, bringing private estate living and community focused apartment living to the region. The expansion builds on EIPL’s experience across developments including Riveredge, Cornerstone, Skyila, La Paloma, Apila, Rivera, Flora,…

New Delhi : Electric mobility platform Bijliride today announced a significant growth milestone, achieving a monthly rental revenue of INR 3.8 crore, inclusive of revenue from its franchise network, and successfully scaling its Annual Recurring Revenue (ARR) to INR 45.6 crore. The company also reported strong profitability metrics at the operational level, maintaining a healthy 30 percent EBITDA margin across its expanding network. Central to this accelerated financial momentum is the company's highly scalable franchise…

New Delhi : Having quadrupled its assets under management (AUM) from ~₹2,100 crore in FY’22, IKF Finance MD Vasumathi Devi is now targeting ₹25,000 crore by 2030 with a digital push. The group ended FY’26 with consolidated AUM up ~30%, Profit After Tax of ₹215 crore, and a return on assets of ~3%. The Company has delivered ROE of 14% in past, with a clear path to sustained improvement, driven by proven control over credit costs, improved credit rating and better operating leverage with scale and technology.That growth rests…

CAIRO, Egypt : African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has supported the development and expansion of Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State, Nigeria, through its Project Preparation Facility (PPF) and a US$81.9 million senior term loan. The project has a total estimated cost of US$145 million. Afreximbank and Veenocks signed a US$2 million project preparation facility agreement in August 2024 to finance technical, commercial, financial, legal, environmental and…

DUBAI, United Arab Emirates : Collaborations Group (ACG) (www.ACGafrica.com), the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of Gianni Merlo to its Advisory Board. Mr Merlo is President of the International Sports Press Association (AIPS), the global federation of sports journalists, founded in Paris in 1924 and headquartered in…

New Delhi:  GHCL Limited, India’s leading Chemical Company, today announced its financial results for Q2/H1 FY27. Commenting on the financial performance, Mr. R S Jalan, Managing Director, GHCL Limited said, “During the second quarter of FY27, the global soda ash industry continued to face pricing pressure, with realisations remaining soft amid ongoing global oversupply, a trend likely to persist over the next few quarters. While global oversupply and steady import pressure kept near-term realisations soft, our…