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Category: News Headline

  • Imagicaa coasts to profit ride despite dip in visitor-driven revenue

    Imagicaa coasts to profit ride despite dip in visitor-driven revenue

    MUMBAI: It’s been a rollercoaster quarter for Imagicaaworld Entertainment and not just in the parks. The theme park and hospitality operator posted a net profit of Rs 4,431.21 lakh for the quarter ended 30 June 2025, more than doubling sequentially from Rs 1,572.83 lakh in Q4 FY25, even as revenues dipped year-on-year.

    Revenue from operations stood at Rs 14,809.80 lakh, down 19.6 per cent from Rs 18,398.37 lakh in the same quarter last year, but up sharply from Rs 9,440.41 lakh in the preceding quarter. The Parks Division remained the star attraction, contributing Rs 13,104.08 lakh in revenue and Rs 4,250.13 lakh in segment profit. The Hotel Division added Rs 1,705.72 lakh in revenue and Rs 443.88 lakh in profit.

    Finance costs jumped to Rs 426.49 lakh from just Rs 39.30 lakh a year ago, while depreciation and amortisation expense rose to Rs 2,566.38 lakh. Advertisement, sales and marketing spend more than doubled quarter-on-quarter to Rs 1,492.96 lakh, signalling a push to draw in visitors.

    Total expenses came in at Rs 10,542.38 lakh, leaving a profit before tax of Rs 4,497.54 lakh, a drop from Rs 8,808.22 lakh in Q1 FY25, but a hefty rebound from Rs 1,624.76 lakh in Q4 FY25.

    On the balance sheet, total assets stood at Rs 1,85,260.83 lakh, with the Parks Division accounting for the lion’s share. Capital employed reached Rs 1,29,805.42 lakh, up from Rs 1,08,271.28 lakh a year earlier.

    While visitor-driven revenues took a dip compared to last year, Imagicaa’s ability to bounce back quarter-on-quarter suggests it’s strapping in for a steady ride through FY26 with the Parks Division firmly in the front seat.

  • MP Morgan Capital signs Nikhil Singhal to script global media strategy

    MP Morgan Capital signs Nikhil Singhal to script global media strategy

     MUMBAI: MP Morgan Capital has added a new chapter to its growth story and it comes with a media twist. The Singapore-based strategy management and corporate advisory firm has brought on board Nikhil Singhal as its global strategic media advisor, tasking him with steering its communications game across the Middle East, London, and Singapore.

    The appointment is more than just a title shuffle. Known for his expertise in public relations and image management, Singhal is expected to sharpen MP Morgan Capital’s corporate media services and give its global outreach a decisive edge. For a firm operating in some of the world’s most competitive financial hubs, that could mean turning strategic insights into headline impact.

    “This partnership will be a game-changer for Vigor Media Worldwide,” said Singhal, referring to his own media venture. “It will allow us to accelerate plans to strengthen and expand our offerings to both Indian and overseas clients.”

    For MP Morgan Capital, the move signals a doubling down on its advisory capabilities pairing financial acumen with media mastery. With Singhal’s appointment, the firm is positioning itself not just to navigate global markets, but to tell its story with the precision of a pressroom and the punch of a boardroom.
     

  • BGFA unveils world’s first video based Bhagavad Gita with actor Suniel Shetty

    BGFA unveils world’s first video based Bhagavad Gita with actor Suniel Shetty

    MUMBAI: Bhagavad Gita For All (BGFA), a unique initiative founded by 29-year-old entrepreneur, CEO Prithviraaj Shetty, is blending Bhagavad Gita with modern digital tools to help them discover their path to true success in their personal, family and professional lives.

    BGFA is a faith-tech platform that combines a beautifully illustrated book with QR codes leading to an immersive app experience. The app contains detailed videos for all Bhagavad Gita slokas along with video lessons for how to apply the teachings for your personal, family & professional life. Developed alongside CMO Siddhanth Shetty, the platform is designed to make Shri Krishna’s wisdom relatable for today’s generation.

    Founder & CEO Prithviraaj Shetty says. “I’ve always felt there’s a quiet kind of suffering in the world. People feel lost, and inherently know that there’s something missing. I’m building this to help people in their daily life and to take important life decisions – nudging them everyday towards a solution that isn’t temporary. A spiritual system for achievement and meaning in life.”

    As part of its launch, BGFA is proud to announce its collaboration with actor Suniel Shetty. Known for his longstanding commitment to holistic health, Shetty introduces BGFA as a tool for mental strength with a powerful quote from Chapter 6, “The mind is the best friend of the one who has conquered it, but the greatest enemy of one who has failed to conquer it.”

     

  • Surat gets the big picture as Rajhans rolls out city’s first Imax screen

    Surat gets the big picture as Rajhans rolls out city’s first Imax screen

    MUMBAI: Surat’s moviegoers no longer need to pack a bag for a big-screen pilgrimage to Mumbai or Ahmedabad, the Imax revolution has finally arrived at home. Rajhans Cinemas has unveiled Gujarat’s latest cinematic crown jewel: an Imax auditorium inside Rajhans Cinemas Precia, one of India’s largest multiplexes.

    The numbers are as grand as the screen itself. Precia houses 14 screens, more than 3,000 seats, and now a 400-seat Imax hall boasting a massive curved display, ultra-crisp laser projection, and immersive Imax 3D. The upgrade is designed to pull audiences into the action with eye-popping visuals and seat-rumbling sound, a far cry from the flat fare of regular screens.

    Imax has long been the preserve of India’s metros, with installations in Mumbai, Delhi, Bangalore and Ahmedabad. For Surat cinephiles, it often meant long trips just to catch a blockbuster in its biggest form. That’s changing fast since launch, Rajhans’ Imax shows have been sold out, fuelled by repeat visits and glowing word-of-mouth.

    Rajhans Cinemas isn’t stopping there. With 160 screens already operating nationwide, the chain has 65 more under development across 15 cities, from Noida and Gurgaon to Vizag and Hyderabad, all set to open by mid-2026.

    “This isn’t just a new screen, it’s a landmark in Surat’s cinematic journey,” says Rajhans Group chairman Jayesh Desai. “We’re not just elevating the movie experience; we’re introducing a new era of storytelling that engages all the senses.”

    For India’s fast-growing regional cities, the message is clear: the days of settling for “good enough” entertainment are over. With premium formats like IMAX moving beyond metros, the blockbuster experience is becoming a hometown affair.

  • Concept PR showcases power of purpose-led communication with recent accolades

    Concept PR showcases power of purpose-led communication with recent accolades

    MUMBAI: Concept PR continues to strengthen its leadership in purposeful communication with recent wins that reflect its deep-rooted focus on relevance, creativity, and real-time impact. From building purpose-led narratives to driving timely public engagement, the agency has demonstrated its commitment to shaping conversations that matter.

    Among its most recent recognitions, Concept PR earned a Silver in the Sports category for its work on the Tata Mumbai Marathon 2025, bringing one of India’s most iconic sporting events to life through compelling narratives that unite communities, athletes, and partners alike. The agency also earned  a Bronze in the Health & Wellness category for Empowering Minds for Youth Mental Health, a campaign with ABET that addressed the urgent need to prioritise youth mental health and well-being. Another Bronze came in the Cause-Related – Public Awareness category for Tray It Right: Shoes Go Here!, a thoughtful initiative led by Mr. Anand Nichani of Magniflex India, which sparked conversations around civic responsibility and everyday public behaviour.

    Adding to the celebration, Concept PR was also recognised at the SABRE Awards South Asia 2025 for Real-time Engagement and Not-for-Profit Excellence. The Real-Time Engagement award was presented to Anand Nichani with Concept Public Relations India, while the Certificate of Excellence under the Not-for-Profit category was awarded for Building Tomorrow – One Changemaker At A Time, a campaign executed with the Salaam Bombay Foundation.

    Concept PR managing director Ashish Jalan shared, “At Concept, we have always believed that good messaging in sync with client objectives is key to successful communication. And to be acknowledged at platforms like IMAGEXX and SABRE is deeply encouraging. These wins are a reflection of our team’s passion to push creative boundaries while staying anchored in purpose. It is indeed a happy moment for me and I can only say that the team is making me really proud.”

     

  • Brand Street Integrated launches ‘BSI Flash’

    Brand Street Integrated launches ‘BSI Flash’

    MUMBAI: Brand Street Integrated announced the launch of BSI Flash, a dedicated division focused exclusively on strategic product sampling and trial programs.

    At a time when consumers are craving experiences over advertisements and trials over assumptions, BSI Flash promises to elevate the sampling game with smarter strategies, sharper targeting, and measurable impact.

    F.L.A.S.H. stands for: Feel → Listen → Act → Sample → Harness.

    A methodology that reflects the division’s human-first, insight-led approach to sampling.

    “With BSI Flash, we’re not just putting samples in our hands. We’re creating micro-moments of brand discovery, where consumers can experience a product in the right setting, at the right time, and in the right way,” said Brand Street Integrated CEO Surendra Singh. “From bustling modern trade outlets to hyperlocal residential societies and even transit hubs, BSI Flash has the planning precision and execution muscle to deliver results that go far beyond reach.”

    BSI Flash is designed to cater to a wide range of industries, from FMCG and personal care to health, wellness, and beverages – using a category-first lens. Every program is customized to fit the nuances of product usage patterns, audience segmentation, and contextual timing.

    Whether it’s sampling a health drink during morning commutes or introducing skincare essentials in women-centric community spaces, BSI Flash combines deep market understanding with operational agility.

    One of the key strengths of BSI Flash lies in its trained foot soldiers, promoters who do more than distribute. They engage. They educate. And most importantly, they convert. Backed by technology-driven real-time reporting, brands get access to live insights, feedback loops, and performance analytics, allowing them to optimize campaigns on the go.

    From modern trade and general trade retail environments to RWAs, corporate parks, transit zones like railways and airports, and even large-scale festivals or influencer-led drops. BSI Flash is equipped to take brands to where the consumers are.

    “We see sampling not as an afterthought but as a critical brand touchpoint,” added Brand Street Integrated national sampling head, Alok Rai. “With BSI Flash, the goal is simple: deliver not just products, but experiences that linger and lead to purchase.”

  • Spa before you fly Meghavi opens India’s first in terminal wellness lounge

    Spa before you fly Meghavi opens India’s first in terminal wellness lounge

    MUMBAI: Layovers just got a luxury upgrade. Meghavi Wellness, one of India’s largest spa chains, has unveiled three Air Spalounges at Mumbai International Airport’s T2, the country’s first-ever in-terminal wellness lounges built exclusively for air travellers. Strategically located at Level 3 (domestic, near gates 49 and 85) and Level 4 (international, near gate 47), these lounges transform the dead time between flights into a high-end health retreat.

    Unlike the traditional “quick-fix” airport spa, Meghavi’s Air SpaLounges are purpose-built for the jet set merging zero-gravity recliners, vibroacoustic therapy, lymphatic massages, and Ayurvedic treatments under one plush roof. The concept is simple: walk in, pick a therapy, and walk out lighter no bookings, no detours, no stress.

    Meghavi Wellness co-founder Megha Dinesh calls it “transit wellness reimagined as essential infrastructure”, noting that travel’s toll on the body goes beyond tired legs, it disrupts sleep, circulation, and mental balance. Fellow co-founder Prashant Jain highlights the exclusivity: from hot stone therapy and herbal potli massages to private shower pods and no-touch treatments, this model is unique in Indian airports.

    With the capacity to pamper 31 guests at a time, the Mumbai launch marks Meghavi’s 5th Air Spalounge and its 60th outlet nationwide. The sprawling lounges feature couple suites, four-hand therapy setups, ambient-lit cocoon zones, and an aroma retail corner for travellers to take the calm home.

    Members of the Meghavi Wellness Passport gain pan-India access to over 60 outlets, including spas in luxury hotels and malls, with perks such as complimentary 30-minute massages in cities like Delhi, Bengaluru, Hyderabad, and Pune.

    Every treatment is led by Meghavi’s 100-plus internationally trained therapists, blending traditional Indian healing with global techniques. Whether it’s a deep tissue detox or a jet lag recovery ritual, the focus is on one thing: making sure travellers take off feeling better than when they landed.

  • Supernatural thriller Baida now available on Prime Video

    Supernatural thriller Baida now available on Prime Video

    MUMBAI: After a successful theatrical run and a wave of critical acclaim, the highly anticipated sci-fi supernatural thriller Baida is now available to rent on Prime Video.

    Baida takes audiences on a chilling journey into the realm of the unknown, blending the supernatural with modern-day suspense. Released theatrically on 21 March 2025, the film has earned praise for its unique storyline, gripping direction, and atmospheric storytelling.

    Set in a remote village plagued by a series of unexplained disappearances, Baida unravels a haunting mystery through the eyes of a man drawn into a dimension beyond human comprehension. The story follows a former spy-turned-salesman who arrives in a remote village in Uttar Pradesh, only to find himself surrounded by sinister forces and caught in the grip of a shadowy figure known as Pisaach. As he is seemingly transported to an alternate reality, his grasp on what’s real begins to erode. Joined by local villagers, he embarks on a desperate journey to escape death and the terrifying pull of a mysterious hut deep within the forest.

    Baida is among the rare Indian films to inspire multiple explainer videos on YouTube, garnering millions of views. Fans across genres, especially sci-fi and supernatural enthusiasts, have been eagerly awaiting its digital release.
    Directed by Puneet Sharma, the cast of Baida includes Sudhanshu Rai, Hiten Tejwani, Manisha Rai, Sourabh Raaj Jain, Shobhit Sujay, Tarun Khanna, Akhlaq Ahmad (Azad), Deepak Wadhwa, Sidharth Banerjee and Pradeep Kabra, among others. While the cinematography has been helmed by Abhishek Modak, the film is edited by Kantara and 777 Charlie’s fame Pratheek Shetty. The music and background score of the film is by Karthik Chennoji Rao and Ronada Bakkesh.

     

  • Navi Technologies Ltd renamed to Navi Ltd

    Navi Technologies Ltd renamed to Navi Ltd

    MUMBAI: Navi Technologies Ltd announced that it has officially changed its name to Navi Ltd, aligned with the company’s evolution from a technology-led disruptor to a holistic financial services destination built around the needs of Indian consumers.

    The rebranding underscores the company’s focus to position itself  as an integrated, customer-centric institution encompassing lending, insurance, asset management, and UPI services, committed to making money simple, seamless, and accessible for millions of Indians.

    “The new name fits who we are today. Not only are we a technology provider, we are a full-fledged destination for financial services for our customers,” said Navi Group founder and executive chairman, Sachin Bansal. “It signals both simplification and scale – two ideas core to our philosophy.”

    Navi Ltd MD & CEO Rajiv Naresh added, “This change aligns with the company’s evolution. While technology remains core to how we build, our focus today is broader. The new name reflects the company we’ve become: more integrated, more customer-focused, and ready for the next phase of growth.”
     

  • Indigo Paints brushes off slowdown with steady Q1 despite muted demand

    Indigo Paints brushes off slowdown with steady Q1 despite muted demand

    MUMBAI: Even a splash of rain couldn’t wash away Indigo Paints’ colours this quarter though the palette did lose some of its shine. For the quarter ended 30 June 2025, the company’s standalone net revenue from operations inched up 0.3 per cent year-on-year to Rs 94.9 crore, despite muted industry demand. Consolidated revenue, however, dipped 0.7 per cent to Rs 308.9 crore, with management citing early monsoons as a key drag.

    Margins showed signs of wear. Standalone gross margin slipped to 46.1 per cent from 47.0 per cent a year earlier, while EBITDA margin narrowed to 14.8 per cent from 15.6 per cent, largely due to higher fixed costs and slower scale-up. PAT margin held nearly flat at 8.8 per cent, with net profit easing just 0.4 per cent to Rs 26.4 crore.

    On a consolidated basis, gross margin stood at 45.9 per cent, EBITDA margin at 14.3 per cent, and PAT margin at 8.3 per cent. Net profit fell 2.2 per cent year-on-year to Rs 26.1 crore, while EBITDA excluding other income dropped 6.5 per cent to Rs 44.3 crore.

    The results suggest that while the paint maker Indigo Paints is holding its hue in a subdued market, it will need a stronger coat of demand in the coming quarters to restore the gloss.