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By Nimrat , 28 February 2026
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Apple Deepens India Bet with Sixth Retail Store Launch in Mumbai

Apple has expanded its physical retail footprint in India with the opening of a new store in Mumbai, marking its sixth outlet in the country. The move signals Apple’s growing confidence in India as both a high-potential consumer market and a strategic manufacturing hub. The Mumbai store is designed to deliver a full-scale brand experience, combining product sales, technical support and customer engagement under one roof.

Tags

  • Retail
  • Technology Sector
  • Business
By Nimrat , 28 February 2026
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Yes Bank Probes Unauthorised Forex Card Transactions, Assures Customers of Safeguards

Yes Bank has initiated a review after reports of unauthorised transactions involving certain forex cards surfaced among customers. The lender said it is working to identify the root cause, contain any potential exposure and strengthen monitoring systems. While the bank has not indicated any systemic breach, the episode underscores the growing risks associated with cross-border digital payments.

Tags

  • Forex Update
  • Banking
By Arpan Yadav , 28 February 2026
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Jio Financial Strengthens Lending Ambitions with Rs. 2,000 Crore Capital Infusion into Jio Credit

Jio Financial Services has reinforced its push into the retail and corporate lending space by injecting Rs. 2,000 crore into its subsidiary, Jio Credit. The capital infusion signals the group’s intent to scale its credit operations, enhance balance-sheet strength and prepare for sustained growth in India’s fast-evolving financial services market.

Tags

  • Business
  • Financial Sector
  • Company News
By Geeta Maurya , 28 February 2026
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HCLTech and IIT Kanpur Join Forces to Drive Deep-Tech Innovation for Global Capability Centers

Technology major HCLTech has partnered with IIT Kanpur to accelerate deep-tech innovation tailored for global capability centers (GCCs). The collaboration seeks to bridge advanced academic research with enterprise-scale application, focusing on next-generation technologies such as artificial intelligence, semiconductor design, cybersecurity and advanced computing. As GCCs evolve from cost centers into strategic innovation hubs, the partnership reflects a broader industry push to build high-value intellectual property and future-ready talent in India.

Tags

  • IIT
  • Technology Sector
  • Education
By Tinku Bhatia , 28 February 2026
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Aadhaar Services Go Digital-First as UIDAI and Google Map Enrollment Centres Nationwide

Finding Aadhaar enrollment and update centres is set to become easier as the Unique Identification Authority of India (UIDAI) partners with Google to list Aadhaar centres on Google Maps. The initiative aims to improve accessibility, reduce friction for citizens and bring greater transparency to the delivery of essential identity services. By integrating public infrastructure with widely used digital platforms, the collaboration reflects India’s broader push toward citizen-centric governance.

Tags

  • UIDAI
  • Aadhaar
  • India News
  • Google Maps
By Tinku Bhatia , 28 February 2026
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SEBI Updates Valuation Norms for Gold and Silver Holdings in Mutual Funds

India’s market regulator has revised the methodology for valuing gold and silver held by mutual fund schemes, aiming to enhance transparency and ensure closer alignment with market realities. The Securities and Exchange Board of India (SEBI) said the updated framework will standardize pricing references and reduce discrepancies in the net asset values of schemes investing in precious metals. The move is expected to improve consistency across fund houses, strengthen investor confidence and minimize valuation-related arbitrage.

Tags

  • SEBI
  • Mutual Funds
  • Investments
By Kirti Srinivasan , 28 February 2026
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A-I Sureja Industries Secures Orders for 1,400 Electric Two-Wheelers

Electric mobility gained fresh momentum as A‑I Sureja Industries announced confirmed orders for 1,400 electric two-wheelers, signaling rising commercial interest in sustainable transport solutions. The order inflow highlights growing demand from fleet operators and institutional buyers seeking cost-efficient and environmentally friendly mobility options. Industry analysts view the development as a positive indicator for India’s electric vehicle ecosystem, particularly in the mass two-wheeler segment.

Tags

  • EV
  • Technology Sector
  • Business
By Gurminder Mangat , 28 February 2026
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SEBI Reviews Agricultural Derivatives Framework as Expert Panels Submit Reports

India’s capital markets regulator has initiated a comprehensive review of the agricultural derivatives ecosystem following the submission of reports by multiple expert working groups. The Securities and Exchange Board of India (SEBI) is assessing market structure, participation norms and risk-management practices to improve efficiency and transparency in agri-commodity trading. The review comes amid concerns over low liquidity in certain contracts and the need for stronger alignment between derivatives markets and the physical farm economy.

Tags

  • Agriculture
  • Economy
  • SEBI
By Poonam Singh , 28 February 2026
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SEBI Tightens Transparency Norms, Seeks Clear Disclosures on Social Media Use

India’s market regulator has moved to strengthen transparency in the digital age by seeking enhanced disclosures related to social media activity from regulated entities. The Securities and Exchange Board of India (SEBI) has asked intermediaries and market participants to clearly declare their official social media handles and outline controls around online communication. The step reflects growing concern over misinformation, unverified investment advice and market-sensitive commentary circulating on digital platforms.

Tags

  • SEBI
  • Social Media
  • Technology Sector
By Geeta Maurya , 28 February 2026
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RBI Clears SBI Mutual Fund’s Stake Acquisition in Bandhan Bank

India’s banking regulator has approved SBI Mutual Fund’s proposal to acquire a stake in Bandhan Bank, marking an important regulatory milestone for both institutions. The clearance from the Reserve Bank of India (RBI) allows the country’s largest mutual fund house to deepen its exposure to the private banking space. The move is being closely watched by investors, as it reflects growing institutional confidence in Bandhan Bank’s long-term fundamentals amid ongoing efforts to strengthen governance, asset quality and growth prospects.

Tags

  • Banking
  • Mutual Funds
  • Investment

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