Author: Bureau

Flipkart Group, in partnership with PayU Finance, has launched Flipkart Pay Later, a new embedded credit solution that offers customers flexible repayment options directly at checkout across Flipkart, Myntra and Flipkart Minutes. The offering provides three repayment choices: a Pay Later option with up to 30 days for repayment, a Pay in 3 facility that splits purchases into three instalments, and EMI plans ranging from three to twelve months for higher-value categories such as smartphones, electronics, appliances and furniture. Designed to cater to both everyday purchases and big-ticket transactions, Flipkart Pay Later aims to make digital commerce more accessible for…

India’s formal credit landscape has undergone a significant transformation over the last decade, with nearly 74% of credit-eligible adults having accessed retail credit at least once by March 2026, according to TransUnion CIBIL’s latest report, Unlocking Access: Journey of Credit Expansion in India. The study found that the share of ever-credited consumers more than doubled from 35% in March 2017 to 74% in March 2026, while credit monitoring surged from just 1% in March 2018 to 35% in March 2026. India’s credit-eligible population also grew from 79 crore to 89 crore during the period. Growth in credit adoption has been…

As Karnataka prepares for the monsoon season, Star Health and Allied Insurance Company Limited has strengthened its healthcare outreach initiatives by expanding access to virtual consultations and home healthcare services across the state. According to the company’s FY26 data, Karnataka recorded a threefold increase in Home Health Care utilisation for fever and infectious diseases compared to the previous year. The highest number of cases were reported for dengue, viral fever and lower respiratory tract infections. At the same time, virtual doctor consultations have witnessed strong adoption, with an increasing number of customers opting for telemedicine as their first point of…

ICICI Prudential Life Insurance has introduced a 10-year life cover option under its flagship protection product, ICICI Pru iProtect Smart Plus, offering customers an affordable way to secure short-term financial obligations such as home loans, children’s education expenses and business loans. The new offering is designed for individuals seeking substantial life cover during phases of life when financial responsibilities are at their peak. By combining a shorter policy term with lower premiums, the plan aims to provide financial protection tailored to evolving customer needs. In addition to life cover, the policy includes complimentary health and wellness services worth up to…

Mahindra & Mahindra Ltd. reported a strong start to FY27, posting a 34% year-on-year increase in consolidated profit after tax (PAT) at ₹5,455 crore for the quarter ended June 30, 2026. Consolidated revenue for the quarter rose 28% to ₹58,188 crore, while annualised return on equity stood at 23%. The company’s performance was driven by growth across its auto, farm and services businesses. Mahindra retained its leadership position in SUVs with a revenue market share of 25%, while SUV volumes grew 15% during the quarter. The company also maintained its leadership in tractors with a 44.9% market share and in…

The Commodity Markets Industry, with the support of MCX, will host the Global Commodity Conclave 2026 from August 12 to 14 at the Jio World Convention Centre in Mumbai. Built around the theme, ‘Convergence of Physical and Financial Markets’, the conclave will bring together policymakers, global exchanges, institutional investors, corporates, SMEs, financial institutions and retail traders. The event aims to strengthen India’s position in global commodity markets and promote the vision of “Price in India, Hedge in India”. Discussions will focus on how robust domestic derivative markets can support sectors such as agriculture, metals and energy, while helping businesses manage…

Arboreal Bioinnovations Private Limited, India’s specialty food and nutraceutical ingredients technology company, has raised ₹230 crore in its Series A funding round, co-led by Omnivore and EAAA Alternatives, the alternatives arm of Edelweiss. Existing investor Rainmatter by Zerodha also participated in the round. The investment is among the largest Series A fundraises in India’s specialty food ingredients sector. Arboreal will use the capital to expand manufacturing capacity, strengthen research and development capabilities and accelerate the commercialization of next-generation functional ingredients. The company has developed a contextual innovation model focused on creating ingredient solutions tailored to the nutritional, functional and sensory…

Tata Capital Limited (TCL) today announced its audited consolidated financial results for the quarter ended June 30, 2026, reporting strong growth across key financial parameters, driven by healthy business momentum and continued operational efficiency. The company’s consolidated assets under management (AUM) grew 22% year-on-year to ₹2,90,502 crore, while profit after tax (PAT) increased 56% to ₹1,547 crore. Excluding the Motor Finance business, AUM stood at ₹2,66,057 crore, reflecting a robust 28% year-on-year growth. During the quarter, Tata Capital also entered the gold loan business through the acquisition of Yogloans, further expanding its retail lending portfolio and strengthening its secured lending…

Indian industrial manufacturers are entering a decisive phase where artificial intelligence, ecosystem partnerships and product innovation will determine long-term competitiveness, according to PwC India’s latest report, Rewriting the Rules: The Next Chapter of Indian Industrial Manufacturing. The report says manufacturers must integrate emerging technologies into their core business strategies while strengthening innovation capabilities to capture new growth opportunities. The study finds that 59% of Indian manufacturers believe AI will play the most important role in achieving their strategic goals over the next five years, ahead of the global average of 52%. Automation is also expected to accelerate across data analytics,…

Ekart, the supply chain arm of the Flipkart Group, has opened its pan-India logistics network to businesses across the country, allowing MSMEs, D2C brands, FMCG companies and enterprises to access the same logistics infrastructure that supports the Flipkart Group. The expansion is backed by a new franchise model and dedicated warehousing capabilities, enabling businesses to leverage Ekart’s nationwide reach, technology platform and fulfilment network without investing in their own logistics infrastructure. Ekart has already established a growing base of external customers across retail, MSMEs, D2C brands and B2B businesses. Building on this demand, the company has launched more than 300…