Nuvama Recommends Buying Signature Global Shares, Expects Stock to Rise Up to 35Percentage
Brokerage firm Nuvama has recommended buying shares of Signature Global (India) Ltd, setting a target price of ₹1,436, which is 35% higher than the current market price. As of market closing on March 17, 2025, the stock was trading at ₹1,062.95 per share.
Strong Market Position & Growth Momentum
Signature Global has established itself as one of the largest real estate developers in NCR within just a decade. It started with affordable housing, gaining recognition for fast project launches and timely deliveries. Post-COVID, the company successfully shifted to premium housing, leading to 7.6 times rise in sales bookings over FY21–9MFY25.
With robust cash flows and low working capital needs, Signature Global is on track to achieve net cash status. Additionally, the real estate upcycle and its premium housing transition are expected to drive a 21% CAGR in pre-sales over FY25–27E.
Expanding Land Bank & Strong Profitability
Signature Global has built a substantial land bank of over 21 million sq. ft. for upcoming projects, with an estimated sales potential exceeding ₹350 billion. The company has strategically acquired land in high-growth micro-markets such as Southern Peripheral Road (SPR), Dwarka Expressway, and Sohna.
By keeping land costs low (just 10–15% of pre-sales value), the company has ensured healthy cash operating margins of 35%, with the potential to reach 40%.
Competitive Edge & Financial Stability
Top developers in Gurugram, like Signature Global, sell their projects quickly, benefiting from limited supply and customer preference for trusted developers. This results in minimal working capital needs and low capital investment per unit of pre-sales.
Due to strong collections and efficient operations, Signature Global has been able to expand its land holdings while keeping debt levels low.
Future Outlook: Achieving Net-Cash Status by FY27E
With rising cash collections and improving profitability, free cash flow is expected to continue increasing. Nuvama believes Signature Global is on track to achieve a net-cash status by FY27E, reinforcing its financial stability and long-term growth potential.
Exploring Asia’s Online Retail Evolution: AnyMind Group’s Report Goes Live
India, 18th March, 2025: AnyMind Group [TSE:5027], a BPaaS company for marketing, e-commerce and digital transformation, has released its inaugural Asia E-Commerce Landscape Report. This report unveils the most popular e-commerce platforms in Asia’s key markets, helping Indian brands to grow and expand in other regions of Asia.
The report highlights the most popular e-commerce platforms in major East and Southeast Asian markets, such as Shopee, Lazada, Zalora, and Rakuten. It also examines leading social commerce platforms, including TikTok Shop, LINE, and Xiaohongshu, providing valuable insights for brands and businesses to seize opportunities and stay updated in this rapidly evolving digital economy.
Asia’s e-commerce market is experiencing remarkable growth, driven by technological advancements and shifting consumer behaviors. This report compiles insights from leading data platforms, spotlighting the most popular e-commerce platforms among local consumers across East Asia (Japan, China, South Korea, Hong Kong, Taiwan) and Southeast Asia (Vietnam, Thailand, Indonesia, Malaysia, the Philippines, Singapore). This is the third report by AnyMind Group in its e-commerce report series, the first two being the Southeast Asia E-Commerce Landscape report and the East Asia E-Commerce Landscape report.
Key highlights of the Asia E-Commerce Landscape Report are:
In East Asia, e-commerce platforms are highly diverse, featuring both global and local players.
- Japan: Amazon leads the market, followed closely by Rakuten and Yahoo Shopping. The entry of Temu in 2023 saw rapid growth for the platform, introducing a new major player to the market.
- China: Giants like Taobao, Douyin, Pinduoduo, Xiaohongshu, and JD.com dominate the landscape, with content-driven e-commerce quickly catching up to traditional models.
- South Korea: Coupang maintains a commanding 61% market share, renowned for its fast delivery services. Meanwhile, Naver, integrating multiple services, has become a key gateway for online shoppers, reflecting consumer demand for convenience and centralized information.
Southeast Asia’s e-commerce market thrives on mobile-first strategies, fueled by consumer reliance on mobile devices. The line between social networking and shopping continues to blur, driving the rise of social commerce:
- Shopee: Dominates in Vietnam, Thailand, Indonesia, Malaysia, Singapore, and the Philippines, maintaining its leadership position.
- Lazada: Leverages strong logistics services and AI technologies to enhance the customer experience, securing its position as the second-largest e-commerce platform in Southeast Asia.
- TikTok Shop: Combines short videos, live streaming, and e-commerce to create an engaging, entertainment-driven shopping experience. It has gained immense popularity among younger consumers, emerging as a major online shopping platform in markets such as Indonesia, Thailand, and Vietnam, posing strong competition to traditional e-commerce players.
Raymond Linen Launches Summer Elegance Campaign
Chandigarh, 18th March, 2025: With summer just around the corner, Raymond Lifestyle has launched its latest campaign for Raymond Linen – a collection to celebrate style, comfort, and elegance to beat the heat.
As linen continues to gain momentum in the Indian menswear segment, Raymond Linen stands as a premium choice – ensuring quality, comfort, and a statement of refined style. Raymond Linen sets the benchmark for a relaxed yet refined summer wardrobe. With an emphasis on mindful living, Raymond invites consumers to embrace linen’s understated luxury, where style meets serenity in everyday elegance.
The digital campaign, set against a stunning summer backdrop, brings to life the spirit of Raymond Linen through a story that resonates with today’s consumers—an ode to relaxation, bonding and self-expression at the behest of shared moments and relationships. The collection redefines summer style with elegant prints, subtle textures, and effortless silhouettes. Showcased in the ad film, the range features classic stripes, soothing pastels, and intricate patterns, perfect for every mood and occasion.
In a fast-paced world, Raymond’s latest linen collection celebrates the art of slowing down and reconnecting with nature. Inspired by serene landscapes, the campaign’s visuals—lush forests, tranquil fishing scenes, and peaceful walks—highlight linen’s effortless comfort and breathability.Chandigarh, 17th March, 2025: With summer just around the corner, Raymond Lifestyle has launched its latest campaign for Raymond Linen – a collection to celebrate style, comfort, and elegance to beat the heat.
As linen continues to gain momentum in the Indian menswear segment, Raymond Linen stands as a premium choice – ensuring quality, comfort, and a statement of refined style. Raymond Linen sets the benchmark for a relaxed yet refined summer wardrobe. With an emphasis on mindful living, Raymond invites consumers to embrace linen’s understated luxury, where style meets serenity in everyday elegance.
The digital campaign, set against a stunning summer backdrop, brings to life the spirit of Raymond Linen through a story that resonates with today’s consumers—an ode to relaxation, bonding and self-expression at the behest of shared moments and relationships. The collection redefines summer style with elegant prints, subtle textures, and effortless silhouettes. Showcased in the ad film, the range features classic stripes, soothing pastels, and intricate patterns, perfect for every mood and occasion.
In a fast-paced world, Raymond’s latest linen collection celebrates the art of slowing down and reconnecting with nature. Inspired by serene landscapes, the campaign’s visuals—lush forests, tranquil fishing scenes, and peaceful walks—highlight linen’s effortless comfort and breathability.
Vihaan 11.0 Udyam’s CSR Conclave to Drive Innovation and Grassroots Change
Bangalore, 18th March 2025: Udyam, the CSR committee of NMIMS Bengaluru, hosted its flagship CSR and social impact conclave, Vihaan 11.0, on 1st March 2025. This year’s theme “Co-Creating Change – Bridging Business Innovation and Grassroots Impact,” brought together corporate CSR leaders, NGOs, and students to dialogue on collaborating for meaningful impact. started with a keynote speech and followed by insightful panel discussion.
Vihaan 11.0 served as a platform for dialogue, collaboration, and innovation, enabling NGOs and businesses to grow using sustainable means. Discussions at this event explore how corporations, along with grassroots organisations can align their individual objectives to maximise social impact. As NGOs are at the forefront of social transition, their participation, on-ground experience, and insights are essential to understand how companies can transform their corporate responsibility into meaningful actions.
This event also helped facilitate partnerships across multiple sectors, including NGO-to-NGO Collaboration, NGO-to-Corporate CSR collaboration, and NGO-to-Educational Institutions collaboration. The event encouraged grassroots organisations to share best practices, bridge the gap between CSR programs and grassroots implementation as well as strengthen academic partnerships to improve social initiatives.
Vihaan 11.0 was privileged to host a distinguished panel of experts. The keynote address was delivered by Dr. Paneesh Rao, Chief Sustainability Officer at LTIMindtree, who emphasised the urgent need for sustainable practices. The panel also featured Sudeepta Banerjee, AVP (South), IIM Endowment Fund; Nazrul Haque, Mentor and Faculty, Social Enterprise Cell, Azim Premji Foundation; Aishwarya Kamath, DKMS Asia, and Rajesh Kumar, Art of Living,
Faculty mentors of the Udyam committee also shared their perspectives. Prof. Janaki Anant, from Business Strategy and Information Systems, highlighted the educational institutions as knowledge hubs that bridge academia, industry, and NGOs, and act as catalysts for change. She emphasised, “The real test of CSR, NGO, and education partnerships is not what happens in this forum today, but what sustains beyond it.”
Dr. Sreeleakha P, Associate Professor, HR & OB, emphasised that co-creating means co-existing. She shared, “At NMIMS Bengaluru we have implemented various measures to address societal disparities. One of these initiatives involves collaborating with different NGOs and corporations to provide our students with volunteer opportunities to assist those in need, thus providing a sense of empathy and responsibility in our future managers.”
Vihaan 11.0 reaffirms Udyam’s commitment to innovation, collaboration, and meaningful social change, ensuring that corporate responsibility extends beyond discussions into real-world impact.
JIS University to Host AIU Vice Chancellors Conference 2024-25
Kolkata, March 18, 2025: The Association of Indian Universities (AIU), a cornerstone of higher education in India since its establishment in 1925, has announced the upcoming East Zone Vice Chancellors Meet 2024-2025. This year, the prestigious event will be hosted by JIS University on March 18th and 19th, 2025, in Kolkata and inaugurated by H.E. Dr. C.V. Ananda Bose, Hon’ble Governor of West Bengal on 18 March 2025. The curtain-raiser press conference offered a glimpse into what promises to be a significant gathering of academic leaders from across Eastern India.
The theme of this year’s East Zone Vice Chancellors Meet, “Equity, Diversity & Sustainability,” reflects the growing emphasis on creating an inclusive and accessible educational ecosystem while addressing the need for environmental sustainability in India’s higher education sector. This theme aligns with AIU’s vision to promote academic collaboration. The two-day meet will bring together Vice Chancellors from over 100 universities across Eastern India.
The press conference was addressed by prominent leaders in the education sector, including Dr. Pankaj Mittal, Secretary General of AIU; Sardar Taranjit Singh, MD of JIS Group; Dr. Bhabes Bhattacharya, Vice Chancellor of JIS University; Dr. Neeraj Saxena, Pro-Chancellor of JIS Group; and Shri Bidyut Majumder, Deputy Director of Business Development, JIS Group. This event will provide a crucial forum for leaders to discuss innovative strategies and initiatives that can help advance the mission of inclusivity and sustainability in higher education.
Speaking on the occasion, Sardar Taranjit Singh, Managing Director, JIS Group, said, “The East Zone Vice Chancellors Meet is a unique platform where academic leaders come together to shape the future of higher education. By focusing on equity, diversity, and sustainability, we are ensuring that the educational landscape evolves to meet the needs of every student, regardless of background, while encouraging responsible growth and development. The two-day long event will feature a series of important sessions aimed at exploring the role of educational institutions in promoting diversity and inclusiveness while simultaneously addressing the urgent need for sustainability in curriculum, campus development, and societal outreach.
Vinod Sangra Joins Skyview By Empyrean as Hotel Manager to Elevate Guest Experience
Trackon Expands Logistics Network with Franchise Growth in South India
Bangalore, March 18, 2025: Trackon, a leader in India’s logistics industry, is significantly expanding its franchise network across South India to enhance last-mile delivery capabilities and accelerate business growth. With a strong focus on Tamil Nadu, Karnataka, Telangana, Andhra Pradesh, and Kerala, this expansion aligns with Trackon’s mission to provide seamless logistics solutions to businesses and consumers across the region.
Trackon’s franchise model has been a key driver of its growth, contributing significantly to its annual turnover, which has now surpassed INR 500 crore. With over 6500 franchise partners, the company has successfully expanded its reach to over 15,000 pin codes, making deliveries more efficient and accessible in both urban and rural areas. This year alone, Trackon plans to onboard 1500 new franchises, with a majority focused on strengthening its presence in South India’s rapidly growing logistics market.
“Our expansion in South India is a strategic move to meet the increasing demand for reliable, cost effective and efficient logistics services in the region. By empowering local entrepreneurs with business opportunities and equipping them with advanced technology and logistical support, we are not only expanding our network but also contributing to regional economic growth,” said Rajesh Kapase, CEO, Trackon.
As part of its expansion strategy, Trackon is also investing in technology to streamline franchise operations. The company is integrating AI-driven tracking systems, automated dispatch management, and real-time delivery updates, ensuring enhanced efficiency for franchise partners and customers alike. Additionally, Trackon is actively hiring skilled professionals across South India to support its growing operations, ensuring seamless logistics services. The expansion will also facilitate improved connectivity for e-commerce businesses, MSMEs, and individuals requiring fast and secure deliveries.
Trackon’s commitment to innovation, operational excellence, and accessibility continues to position it as a frontrunner in India’s logistics industry.
Stay Connected Anywhere with OPPO F29 Series’ Advanced Hunter Antenna
New Delhi, 18th March 2025: The OPPO F29 Series revolutionises mobile connectivity with its industry-first Hunter Antenna Architecture that delivers a 300% boost in signal strength. Both smartphones, the F29 and the F29 Pro establish a new benchmark in signal penetration and reliability to ensure seamless connectivity in even the most challenging environments, whether deep inside buildings, stuck in elevators, or navigating remote areas.
At the core of this breakthrough is the F29 Series’ Hunter Antenna Architecture, which features a vertically centred, horizontally symmetrical low-frequency antenna layout designed to optimise network performance. The series also boasts the largest antenna spread in the industry, with a 200mm fully wrapped antenna layout covering 84.5% of the phone’s borders. This unique design minimises signal attenuation, guaranteeing stable connectivity regardless of how the phone is held—vertically or horizontally—during gaming and streaming sessions.
4×4 MIMO supported frequency bands
Further enhancing network performance, the F29 Series is the first in its segment to extend 4X4 MIMO support to B40, B3, and B39 frequency bands that significantly improve download speeds and overall signal reception. With these advancements, the device surpasses its competitors and outperforms higher-priced smartphones.
AI LinkBoost
Beyond raw signal strength, OPPO has integrated AI LinkBoost, a next-generation technology that dynamically adjusts network performance in real-time. The system’s elevator perception algorithm instantly detects signal drops and optimises connectivity to eliminate frustrating lags and interruptions. The Game-Exclusive WiFi Antenna ensures an uninterrupted connection—even when both hands grip the phone—to deliver an uplink power boost of 2-4dB, translating to 151% faster, smoother gameplay with zero signal drop-offs.
All-round Performance
Powering the F29 Pro is the MediaTek Dimensity 7300-Energy chipset that achieves an AnTuTu score of 7,40,000+ to deliver flagship-level gaming and multitasking. The F29 runs on the Qualcomm Snapdragon SM6450, with an AnTuTu score of 6,50,000, for a smooth and efficient performance. Both models are designed for unmatched durability, featuring a 360° Damage-Proof Armour Body and IP69, IP68, and IP66 certification, making them highly resistant to water, dust, and accidental drops.
With best-in-class connectivity, flagship durability, and cutting-edge performance, the OPPO F29 Series is engineered for those who demand more. Designed to keep up with India’s rapidly growing gig economy—comprising millions of drivers, delivery partners, shopkeepers, and business owners—it ensures uninterrupted performance in the most demanding conditions.
The Bear House Gets INR 3 Crore from Namita Thapar on Shark Tank India
Bengaluru: March 18th, 2025 – In the latest episode of the business reality TV series Shark Tank India, aired on Sony LIV on March 13th, the co-founders of The Bear House, a contemporary men’s apparel and accessories brand specialising in smart casuals—Tanvi and Harsh Somaiya—have secured a ₹3 crore investment from Shark Namita Thapar.
The investment deal from Namita, Executive Director of Emcure Pharmaceuticals, who is known for her expertise in scaling businesses, includes ₹1 crore for a 1% equity stake and ₹2 crore as debt. In the episode, which featured Sharks Namita Thapar, Anupam Mittal, Aman Gupta, Viraj Bahl, and Kunal Bahl, the couple impressed the judges with The Bear House’s profitability, scalability, and product offerings. Shark Aman even described the brand as ‘too good to be true.’
Shark Kunal Bahl also expressed interest and offered to invest ₹3 crore for a 3% equity stake at a ₹100 crore valuation. Harsh and Tanvi Somaiya felt Namita Thapar’s offer aligned better with their vision and decided to move forward with her when choosing between the two Sharks.
This menswear brand, inspired by European fashion and known for its high-quality, minimalistic, and smart casuals designed for hybrid work cultures, received high praise from the investors.
“Being on Shark Tank and earning the trust and support of the judges is a pivotal moment for The Bear House team! Having them experience our garments and believe in our business model through this investment validates our vision—giving Indian men the freedom to express their unique selves through our clothes, no matter where they go or what they do. This experience has solidified our reputation as a powerhouse in the menswear segment,” said Tanvi Somaiya, Co-founder of The Bear House.
“Our philosophy has always been simple—our product is our brand ambassador!” added Harsh Somaiya, Co-founder of The Bear House.
Having already established an offline presence in Delhi, Bengaluru, and Hyderabad this year, the brand aims to expand into other Tier I, Tier II cities, including Mumbai, Pune, and Chennai. It expects to surpass ₹140 crore in net revenue this year, with over 40% YoY growth.
In addition to its strong presence on Myntra—where it holds the top spot in the casual shirts category—the brand is also available on Flipkart, Ajio, Tata Cliq, Nykaa, and Amazon. It is further expanding its reach through collaborations with hyperlocal quick-commerce platforms like Zepto.
“Your story sounds too good to be true—but it’s not just a story, it’s your reality. Despite facing setbacks, you’ve emerged stronger, with a smile on your face and integrity intact. That resilience and commitment make me want to believe in you,” said Namita Thapar while making her offer.
She maintained the brand’s ₹100 crore valuation, offering ₹1 crore for a 1% equity stake and ₹2crore in debt at a 10% interest rate, repayable over five years.
Agriculture & Farmers Welfare Dept. Drives Sustainable Growth in Meghalaya
- Exclusive promotion of Meghalaya’s organic products to UAE consumers and businesses.
- Interaction with buyers, retailers, and hospitality industry stakeholders.
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Display and retail promotion of Meghalaya’s premium agricultural products
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Meetings with trade partners to expand export volumes and explore new product categories.
- Strengthen trade and business linkages between Meghalaya and the UAE.
- Provide farmer representatives with direct exposure to global market trends and consumer preferences.
- Promote Meghalaya’s organic and GI-tagged products in the UAE retail sector.
- Encourage investment in Meghalaya’s agribusiness sector through collaborations with global buyers.
- Expand the export footprint of Meghalaya’s agricultural products, enhancing income opportunities for farmers.