Latest news with #EasternIndia
Entrepreneur
4 days ago
- Business
- Entrepreneur
Dodla Dairy Acquires Osam Dairy for INR 271 Cr in Strategic Expansion Move
InCred Capital acted as the exclusive financial advisor to Osam Dairy and its shareholders. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Dodla Dairy, a prominent South India-based dairy company, has announced the full acquisition of Osam Dairy for a consideration of INR 271 crore. The deal marks a significant development in the Indian dairy industry, particularly in the Eastern region, where large-scale acquisitions have been relatively rare. Osam Dairy, established in 2012, operates in Bihar, Jharkhand, and other Eastern Indian markets. The company runs a vertically integrated supply chain with two processing plants, more than 1,000 collection centers, and a procurement network involving over 25,000 dairy farmers. Processing around 1.1 lakh litres of milk daily, Osam has become a key regional player with a strong local presence. Dodla Dairy, founded in 1995, is one of leading integrated dairy companies. With procurement operations spread across five states and products available in 13, it boasts 190 milk chilling plants and over 2,900 agents. The company also operates 839 Dodla Retail Parlours as of March 2025 and has a growing international footprint in Uganda and Kenya. Dodla Sunil Reddy, Managing Director of Dodla Dairy, said, "We are thrilled to announce the proposed acquisition of Osam, marking a significant milestone in Dodla's journey. This strategic move underscores our commitment to becoming a Pan-India dairy company. Eastern India presents a highly promising market for dairy growth, and we see strong potential through this partnership." The acquisition signals not just expansion but a broader shift in industry dynamics. It underlines the rising interest of national players in regional markets and highlights the untapped growth potential in Eastern India. Abhinav Shah, Promoter and outgoing CEO of Osam Dairy, stated, "This acquisition marks the beginning of Osam's next chapter. Over the past decade, we've built a strong foundation, and joining hands with Dodla will accelerate the company's growth, leveraging their scale and operational excellence." InCred Capital acted as the exclusive financial advisor to Osam Dairy and its shareholders. Ashish Ambwani, Managing Director at InCred Capital, noted, "This transaction represents a landmark moment for Osam Dairy, which has carved a distinct niche in the competitive dairy sector of Eastern India. We're proud to have advised on this transformative deal." The acquisition reflects growing investor confidence in regional dairy ventures and signals an evolving ecosystem in the Indian dairy sector.
Arab News
5 days ago
- Climate
- Arab News
Lightning strikes kill 33 people in eastern India
PATNA, India: Lightning strikes during monsoon storms in eastern India this week killed at least 33 people and injured dozens, officials said Friday. The deaths in Bihar occurred during fierce storms between Wednesday and Thursday, a state disaster management department statement said, with the victims mostly farmers and laborers working in the open. More heavy rain and lightning are forecast for parts of the state. Bihar state's disaster management minister, Vijay Kumar Mandal, said that officials in vulnerable districts had been directed to 'create awareness to take precautionary steps following an alert on lightning.' The state government announced compensation of 4 million rupees ($4,600) to the families of those killed by lightning. At least 243 died by lightning in 2024 and 275 the year earlier, according to the state government. India's eastern region, including Bihar, is prone to annual floods that kill dozens and displace hundreds of thousands of people during peak monsoon season.
Yahoo
08-07-2025
- Business
- Yahoo
Baazar Style Retail Limited Reports Robust 37% Revenue Growth in Q1 FY26
Continues Expansion with 22 New Stores; Maintains Strong Momentum in Value Fashion Segment KOLKATA, India, July 8, 2025 /PRNewswire/ -- Baazar Style Retail Limited (BSRL), one of Eastern India's leading value fashion retailers, has announced a strong performance for the first quarter of FY2026, demonstrating its growing footprint and resilience in India's retail landscape. The company posted a 37% year-on-year growth in standalone revenue from operations, reaching INR 3,777 million for the quarter ending June 30, 2025. This remarkable growth reflects BSRL's continued focus on affordable fashion, customer-centric retail experiences, and strategic expansion into high-potential markets. Key Operational Highlights – Q1 FY26 Revenue from Operations: INR 3,777 million (up from INR 2,757 million in Q1 FY25) Sales per Square Feet (PSF): INR 664/month (vs INR 661/month in Q1 FY25) Total Store Count: 232 stores (up 40% YoY from 166 stores) Total Retail Area: 21.13 lakh sq. ft. (up 41% YoY) Net Store Additions: 22 new stores opened, 4 closed Same Store Sales Growth (SSSG): While Q1 FY26 SSSG stood at (-)3% due to the preponement of Eid into Q4 FY25, the combined growth for Q1 and Q4 (six months) reflects a healthy 8% increase, highlighting underlying consumer demand and store productivity. "This quarter's results reflect the strength of our value-driven model and the trust our customers place in us. With a growing network of stores and continued emphasis on affordable style, we remain committed to making quality fashion accessible to every Indian household," said Mr. Shreyans Surana, Director, from Baazar Style Retail Limited. BSRL's performance reinforces its position as a key player in the Indian value retail segment, especially in Tier 2 and Tier 3 cities, where affordability and variety continue to drive footfall. About Baazar Style Retail Limited Founded in 2013 and headquartered in Kolkata, Baazar Style Retail Limited is a family-focused value fashion retailer offering a wide range of apparel and lifestyle products. The brand is synonymous with stylish, affordable fashion and a comprehensive shopping experience for the entire family. To learn more, visit: For media inquiries, please contact:Mr. Abinash SinghCCO, CS & Head-Legal & No.: +91 98832 72045 Kaushiki ChattopadhyayManager - Corporate Communicationskaushiki.c@ Cell No.: +91- 8334830853 Photo: View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Health
- Yahoo
33 year old driver from Tripura treated with Eastern India's first-ever Bachmann's Bundle Pacing
KOLKATA, India, June 27, 2025 /PRNewswire/ -- In a landmark achievement that puts Eastern India on the global map of cardiac innovation, Dr. Dilip Kumar, Director of the Cath Lab, Senior Interventional Cardiologist, Device, and Structural Heart Expert at Manipal EM Bypass (erstwhile Medica Superspecialty Hospital), has successfully performed Eastern India's first-ever case of Bachmann's Bundle (BB) Pacing and Left Bundle Branch Area Pacing (LBBAP), a dual strategy that mimics the heart's natural electrical rhythm. This process is known as complete physiological pacing. This pioneering heart rhythm management was applied to a 33-year-old male patient, Ravi (name changed), a car driver by profession from Tripura, Agartala. Ravi was suffering from sick sinus syndrome and intermittent atrioventricular (AV) block (a type of heart block where the electrical signals between the heart's upper chambers (atria) and lower chambers (ventricles) are intermittently delayed or blocked), compounded by episodes of paroxysmal atrial fibrillation (where episodes of an irregular heartbeat come and go). A condition where the patient's heart rate had dangerously dropped to 25 beats per minute, leaving him dizzy, breathless, and vulnerable to permanent arrhythmias (irregular heartbeat), which could have turned fatal for Ravi. Recognizing the need for a cutting-edge, long-term solution, Dr. Dilip Kumar and his team opted for a revolutionary combination of Bachmann's Bundle (BB) Pacing and Left Bundle Branch Area Pacing (LBBAP), a dual strategy that mimics the heart's natural electrical rhythm. This whole approach, known as complete physiological pacing, is designed to preserve the heart's normal contraction patterns and prevent complications associated with conventional pacemakers, such as heart failure, atrial fibrillation (a heart condition where the heart's upper chambers (atria) beat irregularly and rapidly), as well as pacing-induced cardiomyopathy (a condition where the heart muscle weakens and its ability to pump blood effectively is reduced, specifically as a result of prolonged right ventricular (RV) pacing from a pacemaker). The whole procedure was performed in the cardiac cath lab using the specialized C315S5 catheter. While describing the case, Dr. Dilip Kumar, Senior Interventional Cardiologist Device and Structural Heart Expert at Manipal EM Bypass (erstwhile Medica Superspecialty Hospital), shared, "We are proud to be at the forefront of next-generation cardiac care. While we have successfully performed nearly 200 Conduction System Pacing (CSP) procedures over the past few years, this first case of complete physiological pacing marks a transformative step in our journey. It not only offers a more natural and safer solution for young patients with complex rhythm disorders but also sets the stage for broader adoption of physiological pacing across India. With this, we are ushering in a new era of smarter, more synchronized heart care that truly aligns with the future of cardiology." Ravi (name changed), a 33-year-old male patient from Agartala, said, "I am a car driver by profession, and for a long time, I was struggling with breathlessness and other health issues that made it difficult for me to work and live normally. It was a very tense and worrying time for me. But just a day after the surgery, I felt a big difference; I am now walking around and living a normal life again. I am truly thankful to Dr. Dilip Kumar and his entire team. I am also fully satisfied with the care, attention, and support provided by the nurses and other staff members throughout my stay." Dr. Ayanabh Debgupta, Regional COO, Manipal Hospitals (East), opined, "This groundbreaking procedure is a testament to the clinical excellence and innovation-driven approach that defines brand Manipal Hospitals. The successful execution of Eastern India's first complete physiological pacing reflects our strong commitment to bringing the most advanced cardiac care to this region." About Manipal Hospitals: As a pioneer in healthcare, Manipal Hospitals is among the top healthcare providers in India serving over 7 million patients annually. Its focus is to develop an affordable, high-quality healthcare framework through its multispecialty and tertiary care delivery spectrum and further extend it to out-of-hospital care. With the completion of the acquisition of Medica Synergie hospitals and AMRI Hospitals Limited (acquired in Sept 2023), the integrated network today has a pan-India footprint of 37 hospitals across 19 cities with 10,500+ beds and a talented pool of 5,600+ doctors and an employee strength of over 18,600. Manipal Hospitals provides comprehensive curative and preventive care for a multitude of patients from around the globe. Manipal Hospitals is NABH and AAHRPP accredited, and most of the hospitals in its network are NABL, ER, and Blood Bank accredited and recognized for Nursing Excellence. Manipal Hospitals has also been recognized as the most respected and patient-recommended hospital in India through various consumer surveys. Logo: View original content: Sign in to access your portfolio
