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By Nimrat , 27 June 2025
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Tata Sons and Singapore Airlines Infuse Rs 9,558 Crore into Air India Amid Struggles and Transformation

In a bold move to stabilize and revitalize Air India, Tata Sons and Singapore Airlines have collectively injected over Rs 9,500 crore into the loss-making airline in the fiscal year 2024-25. The infusion is part of a broader strategy to meet Air India's capital expenditure needs and fund its ongoing transformation plan. Following the merger of Vistara into Air India in November 2024, Singapore Airlines acquired a 25.1% stake in the airline, further solidifying its financial commitment.

Tags

  • Aviation
  • India Business
By Vinod Pathak , 27 June 2025
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Galaxy Health Unveils ‘Marvel’ Plan, Blending Wellness Incentives with Digital Insurance Innovation

In a strategic move to align health insurance with proactive wellness, Galaxy Health Insurance has launched Galaxy Marvel, a flagship offering designed to reward policyholders for maintaining healthy lifestyles. Backed by the TVS Group and industry veteran V Jagannathan, the Chennai-based insurer is positioning itself at the intersection of preventive healthcare and digital innovation. The Marvel plan provides policyholders with health-linked incentives and digital wallet credits, deepening the firm’s commitment to affordability, accessibility, and long-term customer engagement.

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  • Insurance
  • India Business
  • Company News
By Gurleen Bajwa , 27 June 2025
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Toyota and Ohmium Join Forces to Pioneer Green Hydrogen Solutions for India's Future Energy Landscape

Toyota Kirloskar Motor (TKM) has entered into a strategic partnership with Bengaluru-based Ohmium International to co-develop cutting-edge green hydrogen solutions in India. This collaboration aims to design and integrate hydrogen-driven power systems, such as microgrids, for diverse applications in remote areas and industrial sectors. With an emphasis on sustainability, both companies aim to advance India’s energy security and position hydrogen as a key component of the nation's green energy future.

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  • Company News
  • Automobiles
By Vinod Pathak , 27 June 2025
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Lok Sabha Speaker Engages Brass Handicraft Exporters in Moradabad, Highlights Sectoral Challenges and Cultural Heritage

During a visit to Moradabad to inaugurate the newly built Samvidhan Park, Lok Sabha Speaker Om Birla held discussions with brass handicraft exporters to address longstanding industry concerns. The exporters, based in India’s premier brassware hub, voiced their demands for higher duty drawback rates and the elimination of GST, which they argue has hurt their competitiveness in global markets. Birla's visit also marked the 50th anniversary of the Emergency and included the inauguration of a public educational space showcasing India's constitutional and civilizational legacy.

Tags

  • Metals
  • India Business
By Geeta Maurya , 27 June 2025
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Daimler India Commercial Vehicles Partners with Gainwell Trucking to Strengthen BharatBenz Presence in Mining Sector

Daimler India Commercial Vehicles (DICV), a subsidiary of Germany’s Daimler Truck AG, has announced a strategic partnership with Gainwell Trucking Pvt Ltd to expand the footprint of BharatBenz mining trucks across India. The collaboration focuses on enhancing sales and service delivery in key mining regions—including iron ore, coal, and limestone operations—spanning North, East, and North-Eastern India. With this alliance, both companies aim to provide a premium, reliable, and efficient sales and after-sales experience.

Tags

  • Automobiles
  • Company News
  • Mining Sector
By Aseem Mehta , 27 June 2025
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SEBI Penalizes BSE Rs. 25 Lakh for Breach of Fair Disclosure Norms and Lax Broker Oversight

In a significant regulatory censure, the Securities and Exchange Board of India (SEBI) has imposed a Rs. 25 lakh penalty on the Bombay Stock Exchange (BSE) for failing to uphold equal access to corporate disclosures and for its leniency in monitoring brokers’ client code modifications. The reprimand follows an inspection that revealed systemic lapses, including premature access to sensitive information by paid clients and internal staff, as well as inadequate oversight on error-prone trades.

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  • SEBI
  • Stock Markets
  • BSE
By Nishant Verma , 27 June 2025
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Godrej Partners with Maharashtra ITIs to Bridge India’s Industry-Skills Gap through Modern Tech and Infrastructure

Godrej Enterprises Group has launched a public-private initiative aimed at overhauling the infrastructure and curriculum of Industrial Training Institutes (ITIs) in Maharashtra. Through this collaboration, Godrej will help integrate advanced technologies such as the Internet of Things (IoT), robotics, and automation into ITI training programs. The move is designed to prepare students for the evolving demands of India’s manufacturing and engineering sectors.

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  • Education
  • Company News
By Manbir Sandhu , 27 June 2025
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Nepal’s Parliament Approves Rs. 1.96 Trillion Budget for FY 2025–26, Paving Way for Economic Reforms

Nepal’s House of Representatives has approved the national budget of Rs. 1.964 trillion for the fiscal year 2025–26, marking a pivotal moment in the country’s economic roadmap. The Appropriation Bill, presented by Finance Minister Bishnu Prasad Paudel, received majority backing after comprehensive clause-by-clause deliberations. With the budget now cleared through a voice vote in Parliament, the government is set to implement its annual financial plan ahead of the new fiscal cycle starting mid-July.

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  • Economy
By Vinod Pathak , 27 June 2025
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India Accelerates Telecom R&D with Rs. 500 Crore Backing for 5G, 6G, and Quantum Innovation Under TTDF

The Indian government has approved nearly Rs. 500 crore under the Telecom Technology Development Fund (TTDF) for 120 cutting-edge R&D projects spanning 5G, 6G, quantum technologies, and indigenous chipsets. Union Minister Dr. Pemmasani Chandra Sekhar, following a detailed review, underscored the need for measurable outcomes and proposed reforms to streamline the fund's implementation. With Rs.

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  • Telecom
  • 5G
  • 6G
  • Technology Sector
By Nimrat , 27 June 2025
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Rama Telecom Launches Rs. 25.13-Crore IPO to Fuel Infrastructure Expansion and Tech Upgrades

Rama Telecom, a growing player in telecom infrastructure and engineering solutions, has opened its Rs. 25.13-crore initial public offering (IPO) for subscription on the NSE SME platform Emerge. The issue, entirely a fresh offering of 36.96 lakh equity shares priced between Rs. 65 and Rs. 68 per share, will remain open until June 27. The capital raised will be allocated toward capital expenditure, working capital, and strategic technology upgrades.

Tags

  • Telecom
  • IPO Watch

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