Curefoods, one of India’s fastest-growing cloud kitchen and food-tech platforms, has secured Rs. 160 crore in fresh funding ahead of its planned initial public offering (IPO). The capital infusion is expected to strengthen the company’s balance sheet, enhance operational scalability, and support brand expansion across key markets.

The New Development Bank (NDB), created by the BRICS nations, is preparing to launch its first rupee-denominated bond in India by the end of March 2026. The issue, expected to raise between Rs. 3,300 crore and Rs. 4,100 crore (US$400–500 million), will likely carry a maturity of three to five years. Advanced talks are underway with the Reserve Bank of India, though final approvals are pending. The move is part of the bank’s broader strategy to increase financing in local currencies, reduce reliance on the U.S. dollar, and strengthen domestic bond markets across member countries.

India’s Bureau of Energy Efficiency (BEE) has proposed easing fuel-efficiency norms for small petrol cars, a move aimed at reducing compliance burdens for manufacturers of compact vehicles. Under the draft rules, cars weighing up to 909 kg, measuring less than 4 m, and with engines under 1,200 cc would receive additional carbon‑savings credits, capped at 9 g CO₂/km per model. The changes are scheduled to take effect from April 2027 and run through 2037. While Maruti Suzuki welcomed the proposal, other automakers, including Tata Motors and Toyota, raised concerns about fairness.

Aarvee Engineering Ltd., a multidisciplinary infrastructure consulting company, has announced its initial public offering (IPO), featuring a fresh equity issue worth Rs. 202 crore. The move underscores the company’s intent to strengthen its balance sheet, fund working capital, and support future expansion. With a strong portfolio in sectors such as transportation, water resources, and urban infrastructure, Aarvee is positioning itself to capitalize on India’s rapid infrastructure growth.

BMW Motorrad India has unveiled the G 310 RR Limited Edition to commemorate the milestone of 10,000 unit sales in the country. Priced at ₹2.99 lakh (ex-showroom), this special edition features exclusive cosmetic enhancements, including a complete decal body kit and a distinctive '1/310' badging, emphasizing its limited production of just 310 units. Mechanically, the bike remains identical to the standard G 310 RR, retaining its 312cc single-cylinder engine delivering 34 horsepower and 27.3 Nm of torque.

India has taken a decisive step toward strengthening its digital infrastructure with the official launch of BSNL’s 4G services by the Prime Minister. The long-awaited rollout is positioned as a cornerstone of the country’s ambition to become a global telecom hub while providing affordable and reliable connectivity across urban and rural landscapes. With this move, India seeks not only to bridge the digital divide but also to set the stage for an eventual 5G transition, reducing dependence on foreign technology and boosting indigenous innovation in the telecommunications sector.

The Supreme Court of India has deferred the hearing of Vodafone Idea's plea challenging the Department of Telecommunications' (DoT) demand for an additional ₹9,450 crore in Adjusted Gross Revenue (AGR) dues. Solicitor General Tushar Mehta requested more time, leading to the adjournment until October 6, 2025. Vodafone Idea contends that a significant portion of the demand pertains to periods already settled by the Court in its 2020 ruling. The delay has impacted investor confidence, with the company's stock price declining by nearly 9%.

Background of the AGR Dispute

Amazon has agreed to a landmark $2.5 billion settlement with the U.S. Federal Trade Commission (FTC) to resolve allegations that it misled millions of customers into subscribing to its Prime membership and made it difficult to cancel. The settlement includes a $1 billion civil penalty—the largest ever imposed by the FTC for a rule violation—and $1.5 billion in consumer refunds. Approximately 35 million customers who were affected by these practices are eligible for refunds.

Microsoft has suspended certain cloud and artificial intelligence (AI) services provided to an Israeli military unit following internal findings that corroborated reports of mass surveillance of Palestinian civilians. This decision underscores the company's commitment to ethical standards and compliance with its terms of service. While the suspension targets specific services, broader cybersecurity support to Israel remains unaffected.

Background

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has unveiled the CB350C Special Edition, targeting premium motorcycle enthusiasts with a blend of classic design and modern performance. Priced at ₹2.02 lakh (ex-showroom), the limited-edition model features unique aesthetic enhancements, including exclusive color schemes, upgraded graphics, and premium finishes. The launch underscores Honda’s strategy to expand its presence in India’s growing mid-capacity cruiser segment, appealing to riders seeking both style and performance.