Author: Bureau

Dr. Karthik Narayan R, Founder and Managing Director, Athulya Senior Care, has been appointed as the Chairman of the Confederation of Indian Industry (CII) Committee on Senior Care for the 2026–27 term, effective from July 2026. The appointment was announced at the Meeting of CII Committee on senior careheld on 14th July 2026.The appointment comes at a pivotal time for India’s senior care ecosystem as the country undergoes one of the world’s fastest demographic transitions. According to the Ministry of Statistics and Programme Implementation (MoSPI), India’s population aged 60 years and above is projected to increase from around 100 million…

Vande Bharatam, the initiative launched by Adani Group Chairman Gautam Adani to identify and nurture India’s next generation of innovators and entrepreneurs, has witnessed a strong inflow of applications following an extensive outreach programme across premier educational institutions. Conducted across 48 campuses in eight cities—Lucknow, Kanpur, Bhubaneswar, Bengaluru, Patna, Kochi, Bhopal and Indore—the campaign engaged more than 50,000 students in under 10 days. Covering IITs, IIMs, NITs and leading universities, the initiative introduced aspiring innovators to opportunities in entrepreneurship through on-ground activations, including branded LED vans, promoter interactions, audiovisual presentations and QR-enabled registrations. Commenting on the response, Gautam Adani, Chairman,…

Financial services organisations are experiencing the highest cyberattack intensity of any industry tracked by SonicWall, with attack attempts per device more than double the cross-sector average, according to the company’s 2026 Financial Services Protect Brief. The report, a companion to the 2026 SonicWall Cyber Protect Report, draws on telemetry from more than one million global security sensors and highlights the growing sophistication of attacks targeting financial institutions, driven by the sector’s valuable data, regulatory obligations and reliance on legacy infrastructure. “Financial services is not the most targeted vertical because attackers are indiscriminate,” said Michael Crean, SVP of Managed Services at…

Artificial intelligence (AI) is redefining how organisations operate, develop talent and create value, but long-term success will depend on organisational transformation rather than technology adoption alone, according to a new whitepaper by KPMG in India and Nasscom. Titled ‘Reorganise or Fall Behind: The Real Race in the AI Decade – Industry and Academia Speak: The Unfiltered Reality of AI-Led Transformation’, the report draws on insights from industry leaders, academia, executive interviews, roundtables and a focused technology industry skilling survey. It explores three themes—The Ground Has Shifted, The Human Equation, and Building the Capability Engine—highlighting the need to redesign operating models,…

Vedanta Group Chairman Anil Agarwal has unveiled an ambitious vision for ‘Vedanta Unlimited’ at Vedanta Limited’s 61st Annual General Meeting, saying each of the Group’s five demerged businesses has the potential to become a $100 billion company. Addressing shareholders, Agarwal said, “A year ago, you were shareholders of one integrated company. Today, you own five opportunities. Very few corporate transformations anywhere in the world have created such an opportunity for shareholders. And we believe this is only the beginning.” Calling FY2026 a landmark year, he said, “This year, we recorded a record revenue of ₹1,74,075 crore and the best-ever profit…

ideaForge Technology Limited has successfully completed a ₹500 crore Qualified Institutional Placement (QIP), attracting strong participation from leading domestic and international institutional investors. The fundraise marks an important milestone in the company’s growth journey as it looks to accelerate innovation, expand its product portfolio and strengthen execution across defence and civil markets. The company allotted 62.89 lakh equity shares at an issue price of ₹795 per share, representing a 4.89 per cent discount to the SEBI-determined floor price. Prominent investors participating in the issue include HDFC Mutual Fund – HDFC Defence Fund, Arohi Emerging India Master Fund, Bandhan Infrastructure Fund,…

Aditya Birla Housing Finance Limited (ABHFL), a subsidiary of Aditya Birla Capital Limited, has expanded its presence in Karnataka with the launch of four new branches in Kengeri, Kanakapura, Kolar and Tumkur. With this expansion, the company’s network in the state has grown to 17 branches, further strengthening access to housing finance across key growth markets. The new branches in Kengeri and Kanakapura will cater to two of Bengaluru’s rapidly developing residential corridors, where improving connectivity, expanding infrastructure and growing demand for affordable and mid-income housing continue to drive homeownership. The branches in Kolar and Tumkur further extend ABHFL’s reach…

Renault India has launched the Renault Duster Adventure Edition, a special edition of its iconic SUV, with prices starting at ₹12.99 lakh (ex-showroom). Inspired by the adventurous spirit that made the Duster one of India’s most celebrated SUVs, the new edition pays tribute to the vehicle’s legacy of encouraging customers to explore beyond everyday roads. The Adventure Edition was unveiled on Bastille Day by H.E. Thierry Mathou, Ambassador of France to India, and Stéphane Deblaise, CEO, Renault Group India, highlighting Renault’s French heritage and the Duster’s enduring popularity among Indian customers. Speaking at the launch, Stéphane Deblaise, CEO, Renault Group…

Godrej Capital, the financial services arm of the Godrej Industries Group, has entered the Supply Chain Finance (SCF) segment through its subsidiary, Godrej Finance, strengthening its focus on MSME lending. The company plans to build a ₹6,000 crore SCF portfolio over the next five years, with the business expected to account for nearly 8 per cent of Godrej Finance’s overall assets under management (AUM). The new business is designed to improve working capital access for dealers, vendors, suppliers and buyers connected to large corporates by offering faster, technology-led financing based on trade transactions. As India’s supply chains continue to formalise…

JioFinance has reintroduced its tax planning and income tax return (ITR) filing module for the current tax season, combining affordable pricing with rewards through its JioPoints programme. Starting at just ₹24 for self-filing, the platform offers a fully digital experience designed to simplify tax compliance for individuals across income categories. Developed in partnership with TaxBuddy (SSBA Innovations Ltd), a registered E-Return Intermediary (ERI), the service includes both do-it-yourself and expert-assisted filing options. Users can access tools to evaluate the old and new tax regimes, identify eligible deductions under sections such as 80C and 80D, and track the status of their…