Author: Bureau

Lab-grown diamond jewellery brand Aurya Diamonds has strengthened its retail footprint with the launch of its second Bengaluru store in Koramangala, marking a key milestone in its growth and expansion strategy. The new 2,000 sq. ft. experiential store reflects the brand’s vision of redefining jewellery retail through technology-led engagement, personalized design, and customer-centric experiences. Designed to cater to a new generation of consumers, the store features immersive zones including a 3D diamond design studio, AR-enabled try-on mirrors, and a private preview lounge for bespoke and high-value collections. Alongside the launch, Aurya Diamonds introduced three new collections—Elements, K-Light, and Legacy Unveiled—targeting…

Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers Limited and Sumitomo Corporation, has announced that YKK India Private Limited will establish a new manufacturing facility at Origins by Mahindra, Chennai. According to YKK India, the proposed facility will be its third manufacturing plant in India and will span nearly 149,936 square metres. The company plans to invest USD 150 million in the project, which is expected to be completed by February 2028. YKK India, a leading manufacturer of fastening products serving the apparel, textile and industrial sectors, will leverage the industrial cluster’s infrastructure and…

ZebPay, one of India’s pioneering Bitcoin exchanges, has announced a strategic partnership with KoinX, a leading global crypto taxation platform, aimed at enhancing the crypto tax reporting experience for ZebPay users. Through this integration, users can now access KoinX directly within the ZebPay app and seamlessly generate crypto tax reports, significantly reducing manual effort in tax reporting and compliance. The partnership is designed to simplify the crypto tax-reporting journey by eliminating the need to manually download transaction statements, upload files separately, or reconcile trading activity across platforms. The integration benefits users who trade across multiple Indian crypto exchanges, as KoinX is…

India’s summer sale season has highlighted a significant shift in the e-commerce landscape, with artificial intelligence emerging as a key driver of revenue generation, consumer engagement and operational efficiency, according to insights from Unicommerce’s ecosystem of solutions. The analysis found that brands increasingly leveraged AI-powered tools to improve conversions and reduce lost sales during major shopping events, including Amazon’s Great Summer Sale, Flipkart’s Sasa Lele and Big Bachat Days, and Myntra’s End of Reason Sale. During the sale period, brands used Catalyst, the AI voice agent offered by Convertway, to engage shoppers through abandoned cart recovery, cash-on-delivery confirmations and address…

Mahindra Farm Equipment Business (FEB), part of the Mahindra Group and the world’s largest tractor manufacturer by volume, has crossed a significant production milestone with the rollout of its 70 lakhth tractor. The achievement reflects the company’s longstanding commitment to advancing farm mechanisation and supporting agricultural productivity across India and global markets. Over the decades, Mahindra has built a strong presence through its portfolio of brands, including Mahindra Tractors, Swaraj Tractors and Gromax. Together, these brands offer more than 350 tractor models and variants, supported by a growing range of farm machinery solutions tailored to diverse farming needs. The milestone…

New R&D centers in Manchester and Leeds, expanded delivery center in Birmingham, recognized by the UK Government at the G7 Summit India, June 18, 2026: Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, plans to invest £25 million to expand its UK operations, a move expected to create around 1,200 jobs across Manchester, Leeds, and Birmingham over the next three to five years. Hexaware’s investment plan was among those the UK Government announced at the G7 Summit on June 16, 2026, as part of a wider set of international commitments to its AI and clean energy…

As digital fraud grows increasingly sophisticated, businesses in India are facing heightened risks from identity-driven attacks, according to the TransUnion H1 2026 Top Fraud Trends Report. The study found that 7.1% of transactions involving consumers in India in 2025 were suspected digital fraud attempts—nearly double the global average of 3.8%. The report highlights a significant shift in fraud patterns, with cybercriminals increasingly targeting consumer identities and account access. While account creation remains the riskiest stage globally, fraud risk in India was highest during account login, where 3.9% of transactions were suspected to be fraudulent. Account creation followed at 3.1%, while…

Axis Bank has signed a Memorandum of Understanding (MoU) with BITS Pilani to establish the Axis Bank–BITS Industry Research, Technology & Innovation Park at the institute’s Hyderabad campus. Supported by a ₹100 crore CSR grant from the Bank, the initiative aims to strengthen industry-academia collaboration and accelerate innovation-led research and entrepreneurship in India. The proposed research park will focus on life sciences, biopharma, healthcare, medical devices and deep-tech innovation. Located in Hyderabad, a key hub for the country’s life sciences industry and home to Genome Valley, the facility is expected to support the development of affordable healthcare solutions while advancing…

JioBlackRock Asset Management Private Limited, the asset management joint venture between Jio Financial Services Limited and BlackRock, has integrated the JioBlackRock Overnight Fund with ‘Savings Pro’, a savings-plus-investment feature available through Jio Payments Bank Limited (JPBL) on the JioFinance App. The integration enables Jio Payments Bank customers to automatically invest surplus balances from their savings accounts into the JioBlackRock Overnight Fund through a fully digital process, helping them make better use of idle funds while maintaining liquidity and ease of access. Savings Pro combines everyday banking with mutual fund investing by allowing customers to set a preferred balance threshold in…

Homegrown sports and athleisure brand Ten x You has achieved an annual run rate (ARR) of approximately ₹50 crore within eight months of its launch, marking a significant milestone in its growth journey. Building on this momentum, the company aims to scale its business by 2.5 times by December 2026 through category expansion, wider distribution, and deeper consumer engagement. Founded with the vision of encouraging greater participation in sports across India, Ten x You has rapidly expanded its presence across footwear, apparel, cricket, court sports, running, walking, and recovery segments. The brand has served more than 50,000 customers through its…