Choice International, a prominent financial services firm, has announced a significant expansion in its Assets Under Management (AUM), reaching ₹635 crore, primarily driven by strategic acquisitions. The move underscores the company’s focus on scaling its investment portfolio and diversifying its client base. By integrating newly acquired assets, Choice International aims to enhance product offerings, optimize returns, and solidify its position in India’s competitive wealth management sector.

Megaliter Varunaa Raises ₹15 Crore in Seed Funding

Megaliter Varunaa, an emerging innovator in water technology solutions, has successfully raised ₹15 crore in seed funding to scale its operations and advance sustainable water management solutions. The capital infusion will support product development, technology integration, and market expansion, enabling the startup to address growing water scarcity and efficiency challenges across industrial, agricultural, and urban sectors.

Premier Energies, a prominent player in renewable energy and power solutions, has officially announced its entry into transformer manufacturing, marking a strategic diversification in its business portfolio. The company aims to produce high-quality electrical transformers for distribution, industrial, and renewable energy applications. This move aligns with India’s growing demand for reliable power infrastructure, driven by renewable energy adoption, grid modernization, and increasing industrial electrification.

Colgate-Palmolive India, a leading player in the oral care and personal hygiene sector, reported a 17% year-on-year decline in net profit for Q2 FY26, reflecting a challenging business environment. The drop in profitability is attributed to moderated volume growth, rising input costs, and competitive pricing pressures across key product categories.

TAC InfoSec, a leading cybersecurity solutions provider, reported a substantial increase in profit for the first half of FY26, reflecting strong demand for its IT security and consulting services. The company’s revenue growth was supported by expansion in managed security services, digital transformation projects, and enterprise cybersecurity solutions. Operational efficiency, cost optimization, and strategic client acquisitions contributed to higher margins.

BLS International Services, a leading global provider of visa, passport, and consular services, has successfully secured a visa processing contract for Cyprus, reinforcing its position as a trusted partner for international governments. The agreement covers end-to-end visa facilitation services, including application submission, biometric collection, document verification, and customer support.

Maruti Suzuki Jimny Achieves Landmark Export Figure

Maruti Suzuki has officially reported that its iconic Jimny SUV has surpassed 1 lakh units exported globally, marking a significant milestone in the model’s international journey. Known for its compact size, rugged design, and off-road capabilities, the Jimny has garnered a strong following across Europe, Asia, and select African markets.

The Reserve Bank of India (RBI) has announced a significant update to bank account nomination rules, allowing customers to nominate up to four individuals per account. Previously, account holders could designate only one nominee, which sometimes limited clarity in inheritance and fund transfer in case of the account holder’s demise.

MoEVing, a leading sustainauble mobility solutions provider, has leased 700 electric commercial vehicles (CVs) from Tata Motors, signaling a major step in electrifying India’s freight and logistics sector. The initiative aims to reduce carbon emissions, lower operational costs, and promote adoption of zero-emission mobility solutions in urban and semi-urban transport networks.

South Eastern Coalfields Limited (SECL), one of India’s largest coal producers, is experiencing delays in key coal mining projects, raising concerns over production shortfalls and supply chain disruptions. The setbacks, attributed to regulatory approvals, land acquisition challenges, and logistical bottlenecks, could impact both domestic power generation and industrial coal consumption.