Author: Bureau

IRIS Global Services Limited, a B2B information and communication technology (ICT) distribution company, has filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The proposed Offer comprises a fresh issue of equity shares aggregating ₹200 crore and an Offer for Sale (OFS) of up to 50,000,000 equity shares with a face value of ₹2 each by existing shareholders. The company plans to utilise the net proceeds from the fresh issue towards funding its working capital requirements and general corporate purposes. IRIS Global Services connects technology brands and original equipment manufacturers with regional…

A Programme to support innovators, researchers and social entrepreneurs working on energy technologies and resource efficiency Chevron Engineering and Innovation Excellence Center (ENGINE) and the Indian Institute of Technology Madras (IIT Madras) have launched the Chevron-IITM Energy Technology Incubation Programme to support early-stage innovation in the energy sector. The programme will support innovators, researchers and social entrepreneurs working across energy technologies, infrastructure, carbon utilisation, circular economy and resource efficiency. Participants will receive pre-incubation support, technical mentorship, prototype funding and entrepreneurship guidance through IIT Madras’ research and incubation ecosystem. Dr. Akshay Sahni, Country Head, Chevron India, said, “This new initiative is…

Investors can access select equity, debt and gold schemes through the Grip Invest app, with automated reinvestment of bond returns. Axis Mutual Fund has partnered with Grip Invest, a fixed-income investment platform, to make select Axis Mutual Fund schemes available through the Grip Invest app. The partnership will enable investors to access equity, debt and gold fund offerings while supporting portfolio diversification. Grip Invest’s Auto-SIP feature will also allow investors to automatically redirect returns from bond investments into Axis Mutual Fund schemes, helping facilitate disciplined investing. Boniface Noronha, Chief Digital Officer, Axis Mutual Fund, said, “Investors today increasingly seek solutions…

JSW One Platforms Limited, a technology-enabled B2B platform serving the manufacturing and construction sectors, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed ₹3,054.01 crore Initial Public Offering (IPO). The Offer comprises a fresh issue of equity shares aggregating up to ₹1,300 crore and an Offer for Sale of up to ₹1,754.01 crore by JSW Steel Limited, JSW Cement Limited and Mitsui & Co., Ltd. The company plans to use proceeds from the fresh issue for investments in JSW One Distribution Limited towards marketing and brand building, technology and platform development, and investment in JSW One…

The 2,750 sq. ft. centre is DesignCafe’s 5th hub in Bengaluru and 24th across India, bringing personalised, end-to-end home interiors closer to homeowners in South Bengaluru. DesignCafe has opened its new Experience Centre on Kanakapura Road, strengthening its presence in Bengaluru. The 2,750 sq. ft. centre is the brand’s fifth in the city and 24th across India. Located in one of South Bengaluru’s growing residential corridors, the centre offers homeowners an opportunity to explore modular kitchens, wardrobes, living and bedroom spaces, along with a range of materials, finishes and space-saving solutions. Speaking on the launch, Gita Ramanan, Co-founder & CEO…

AU Small Finance Bank (AU SFB) has announced that its flagship Wheels business crossed ₹50,000 crore in Assets Under Management (AUM) in August 2026, marking a significant milestone for the Bank’s founding business. The franchise, which began in 1996 supporting self-employed entrepreneurs and transport operators in Rajasthan, now serves more than 13.7 lakh customers across India. It has recorded a 3-year CAGR of 26% and 5-year CAGR of 29%, and contributes nearly one-third of AU SFB’s overall loan portfolio. The portfolio comprises ₹30,752 crore in new vehicle finance, ₹17,966 crore in pre-owned vehicle finance and ₹1,767 crore in two-wheeler finance.…

Air India Express has been recognised with the ‘Best Use of AI in Customer Experience’ award at the UBS Forums 25th CX Strategy Summit & Awards 2026 for its AI-powered guest support platform, Tia. Tia provides 24×7 assistance through the airline’s website, mobile app, WhatsApp and Contact Centre. More than 75% of guest interactions are now resolved through self-service, with Tia handling around 15,000 queries every day. With over 100 self-service options, Tia enables guests to manage bookings, cancellations, refunds, flight status, baggage queries and other travel-related needs. During the West Asia-related disruptions in April, Tia handled nearly four-fifths of…

Innefu Labs, an Indian artificial intelligence company focused on national security, will participate as an Associate Lead Sponsor, exhibitor and presenter at ISS World Middle East & Africa (MEA) 2026, scheduled from October 6–8 at JW Marriott Marquis, Dubai. At Booth #11, the company will showcase its portfolio of AI-powered platforms for defence, intelligence, law enforcement, financial intelligence and homeland security. The solutions include its offline, on-premise LLM, Sarvagata, an Agentic AI-in-a-box platform, and its Deep Web Fusion platform. Innefu Labs will also demonstrate its AI-powered Predictive Policing, OSINT, Video and Image Analytics, and Integrated Defence Intelligence Fusion platforms. Tarun…

Report outlines a seven-pillar roadmap to strengthen India’s traditional healthcare and wellness ecosystem Primus Partners’ thought leadership report, Ayush Vision 2030: From Traditional Wisdom to Global Leadership, was unveiled by Minister of State for Ayush Shri Prataprao Ganpatrao Jadhav during the Ministry of Ayush’s 11th Ayurveda Day celebrations. Released under the theme “Ayurveda for a Healthier Tomorrow,” the report outlines a roadmap to build a USD 213 billion Ayush economy by 2030 and position Ayush as a preferred choice for healthcare and well-being, complementing modern medicine in acute and emergency care. The report identifies seven strategic pillars: manufacturing expansion, export…

JK Maini Global Aerospace secures an assembly opportunity for an indigenous fighter aircraft programme Raymond Limited has marked a new milestone in its aerospace and defence business, with its subsidiary, JK Maini Global Aerospace Limited, emerging successful in a tender conducted by a leading Indian aerospace and defence OEM for the assembly of wing and centre fuselage structures for a major indigenous fighter aircraft programme. The proposed entry into aircraft structures will expand Raymond’s capabilities beyond precision manufacturing into complex, higher-value assemblies. The programme is envisaged to leverage the customer’s existing infrastructure, supporting a capital-efficient approach to capability development. Rakesh…