Author: AU News Bureau

iGuzzini is set to transform architectural lighting with the launch of the Newfo spot and Filorail track. The smart lighting product combines modern aesthetics with advanced technology and is specifically designed for the Filorail electrified track that offers an almost invisible integration into any space. Together, they represent a leap forward in lighting design, providing a versatile foundation for various setups, ideal for museums, exhibitions, retail, and hospitality environments. iGuzzini is a renowned name in lighting design, committed to creating intelligent, responsive solutions for both indoor and outdoor environments. The Italian companyโ€˜s philosophy, โ€˜Light That Moves,โ€™ underscores its dedication to…

Read More

Machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a a pre Series A round led by Venture Catalysts along with participation from Nikhil Jaisinghani, Bharat Jaisinghani and SFour Capital. The Hyderabad-based company had earlier secured $1.2 million back in 2023 from Venture Catalysts, Z Nation Lab, Hem Angels and others. The proceeds will be allocated towards enhancing its research and development capabilities, and expanding its manufacturing and marketing footprint, Autocracy Machinery said in a press release. Co-founded in 2020 by Santhoshi Buddhiraju and Laxman Vallakati, Autocracy manufactures machines for construction, agriculture, and infrastructure purposes. The company offers…

Read More

WeWork India, the leading flexible workspace provider in the country, announced the appointment of Janak Malkani as the Head of Managed Office for India, in addition to which he will also be leading Sales for the West region. His deep understanding of the market, coupled with his strategic vision and extensive experience, will be instrumental in driving WeWork India’s Managed Office offerings to newer heights. Janak brings an impressive 18-year track record in Indian Real Estate, most recently as Executive Director, of CBRE’s Advisory & Transaction Services in Mumbai. His prior experience includes notable roles with Cushman & Wakefield, Knight…

Read More

Luxury furniture brand Stanley Lifestylesโ€™ shares jumped as much as 38 per cent during their trading debut on Friday. After hitting a high of Rs 509.4, its stock finished at Rs 479, up 30 per cent over its issue price of Rs 369. Shares worth over Rs 1,300 crore changed hands on both the National Stock Exchange (NSE) and the BSE. The good listing day performance follows strong demand for Stanley Lifestylesโ€™ shares during its Rs 537 crore initial public offering (IPO). The IPO, which had closed on Tuesday, saw 97 times more demand than shares on offer. At the…

Read More

In today’s business environment, customer love has emerged as a sustainable moat for creating a brand. Interior design tech venture Flipspaces has successfully leveraged technology to manage customer expectations while continuing to scale its operations profitably. The brand has demonstrated an impressive 70% CAGR across the last three years with minimal capital infusion and is touching a Rs 300 crore revenue run rate now. The Flipspaces leadership says one of the keys to the companyโ€™s success has been integrating cutting-edge tech modules into the workflow. By doing so, it has transformed the way commercial spaces are designed and built, setting…

Read More

Media Fusion and Crain Communications, leading event organizers, announced Indiaโ€™s first sustainable Polyurethane & Foam Expo( ISPUF) Show slated to take place at NESCO, Bombay Exhibition Center in Mumbai on 4-6th December 2024. This ground-breaking three-day exhibition and conference will bring together exhibitors and visitors including manufacturers, suppliers and buyers of sustainable foam and polyurethane materials, products, technologies & services under one roof. ISPUF serves as a catalyst, driving the industry towards its goal of reaching a market value of US$ 5.18 billion (approx. INR 43000 crores) by 2031, fueled by a compelling CAGR of 8.0% between 2024-2031. Emphasizing on…

Read More

Apple has unveiled its first retail in Malaysia, a stunning building designed by Foster + Partners. Completed within Kuala Lumpurโ€™s rapidly developing Tun Razak Exchange (TRX), Apple The Exchange TRX has opened to become a luminous focal point for the area with its unique layered rooftop. This three-dimensional, stepping roof structure creates a visual and spatial bridge between the mallโ€™s central atrium and a rooftop park. Lush greenery and a communal lawn wrap around the new apple storeโ€™s upper level, lending a transition between nature and the built space. Upon the opening of the new Apple store in Malaysia, Stefan…

Read More

Ramky Infrastructure Limited a leading organization in the realm of infrastructure development has received two orders to implement the distribution of the infrastructural works of Ladakh Power Development Department from Power Grid Energy Services Limited( PGESL). The first contract worth Rs 107.39 Cr (Excluding GST) and the second contract worth Rs 23.80 Cr (Excluding GST) for the supply of plant and installation services respectively, in the districts of Leh & Kargil of UT of Ladakh. PowerGrid Energy Services Limited, a wholly-owned subsidiary of PowerGrid Corporation of India Limited has awarded the contracts to Ramky Infrastructure Limited to be executed over…

Read More