Ola Electric has announced the return of its much-anticipated Muhurat Mahotsav, a signature sales event celebrating electric mobility and consumer engagement. The initiative aims to promote Ola’s expanding portfolio of electric scooters and vehicles, offering exclusive deals, festive-themed experiences, and community engagement activities. The revival signals Ola’s confidence in India’s growing EV market and its commitment to strengthening customer loyalty.

Bajaj Auto has publicly declared its intention to ascend to the top of India’s electric scooter segment, signaling a strategic pivot toward electrified mobility amid heightened competition. Leveraging its strong brand heritage, dealer network, and engineering capabilities, the company is accelerating product development, expanding charging infrastructure partnerships, and enhancing customer‑centric services.

The World Bank has sanctioned a substantial financing package of USD 680 million (about Rs 5,600 crore) to support multiple development initiatives in Assam, underscoring renewed international confidence in the state’s socioeconomic transformation. The funding aims to bolster infrastructure, enhance public services, and improve livelihood opportunities across rural and urban communities. With an emphasis on sustainable growth, the loans are structured to accelerate progress in key sectors while building institutional capacity.

Mitra and Tierra Agrotech have announced a strategic merger, creating one of India’s prominent agri-tech platforms with a strengthened footprint across the agricultural supply chain. The consolidation aims to enhance operational efficiency, expand technological capabilities, and bolster market reach. Both companies are targeting an initial public offering (IPO) in the near future to raise growth capital and fuel expansion plans.

HCLTech has appointed Sandeep Saxena as its new Chief Growth Officer (CGO), a strategic move aimed at strengthening the company’s growth trajectory and market positioning. Saxena, a seasoned technology and business leader, will oversee global sales, business development, and strategic initiatives to drive revenue expansion across HCLTech’s diverse portfolio. Analysts note that this leadership change reflects HCLTech’s commitment to scaling digital and enterprise solutions while deepening client engagement.

HDB Financial Services (HDB FS) posted a robust 36% increase in its net profit for the third quarter, reflecting strong growth in its lending portfolio and effective risk management. The company’s revenue streams expanded significantly, supported by higher disbursements in retail and SME lending, alongside disciplined cost controls. Analysts note that HDB FS’s performance demonstrates resilience amid a competitive credit environment and highlights the growing consumer and business financing demand in India.

The Reserve Bank of India (RBI) has issued new guidelines mandating the appointment of an Internal Ombudsman (IO) in banks and select Non-Banking Financial Companies (NBFCs) to enhance customer grievance redressal mechanisms. This regulatory move aims to provide an independent, accessible, and transparent framework for resolving complaints related to banking services, lending practices, and financial products. Analysts note that the step underscores RBI’s commitment to consumer protection, accountability, and trust in the financial sector.

Global quick-service restaurant (QSR) chain Subway has achieved a significant milestone in India, surpassing 1,000 operational stores. This expansion reflects the growing appetite for affordable, convenient, and customizable dining options among Indian consumers. Analysts attribute Subway’s success to its menu localization strategy, strategic franchising model, and focus on health-conscious offerings. The milestone also underscores India’s burgeoning QSR sector, which continues to attract both domestic and international brands.

Mahindra & Mahindra has reported robust demand for its premium SUVs, with combined bookings for the XUV 7XO and XEV 9S reaching 93,689 units. The strong consumer response underscores the growing appetite for feature-rich, high-performance, and technologically advanced vehicles in India’s SUV segment. Analysts note that Mahindra’s strategic positioning of these models—blending design, performance, and electric mobility—has resonated with both urban and semi-urban buyers.

The Reserve Bank of India (RBI) has granted approval for Sumitomo Mitsui Banking Corporation (SMBC) to operate a wholly-owned subsidiary in India, marking a strategic milestone for the Japanese financial institution. This development enables SMBC to expand its local presence, offer a broader suite of banking services, and deepen engagement with Indian corporates and retail clients. Analysts highlight that the subsidiary model provides greater operational flexibility, regulatory clarity, and growth potential compared to branch operations.