Month: July 2025

M Nagaraju asked fintechs to prioritize offline payment options. This push aims to boost financial inclusion across India. He spoke at the CII Summit on Financial Inclusion and FinTech. Nagaraju highlighted financial inclusion’s role in economic growth. He noted India’s progress since 2014 with the Pradhan Mantri Jan Dhan Yojana. The scheme significantly increased bank…

BigBasket, a Tata group company, has appointed Manish Bajoria as its new chief financial officer (CFO). Bajoria brings over 20 years of experience in strategic finance and digital transformation, having previously held leadership roles at Vini Cosmetics, Amazon, and Hindustan Unilever. He will oversee BigBasket’s financial strategy as the company focuses on development and innovation.

The Delhi High Court dismissed a plea by Turkish-based Celebi Aviation, upholding the revocation of its airport security clearances by the Bureau of Civil Aviation Security (BCAS) due to national security concerns. Solicitor General Tushar Mehta emphasized the sensitivity of civil aviation and national security.

PVR Inox focuses on capturing consumer time amid growing entertainment options. Sanjeev Bijli highlights regional expansion and experience-led engagement. The company plans to open 100 new screens in FY26, with 40% in South India. Investment of Rs 300 crore is planned for new properties and upgrades. PVR Inox emphasizes quality experience and marketing efforts to…

NABARD is spearheading the IT integration of amalgamated Regional Rural Banks, expected to be completed by September 15, to enhance efficiency and cost rationalization. They are also building a common digital infrastructure, digitizing agri value chains, and integrating schemes through Primary Agricultural Credit Societies. NABARD aims to bridge the rural-urban income divide and transform farmers…

Jindal (India) Limited secures approval for a Rs 3,600 crore steel plant in Odisha. The company plans a Rs 15,000 crore investment in three phases by 2030. The new facility will manufacture special coated steel products. It will feature advanced coating lines with a 9.6 lakh MT annual capacity, commissioned by 2027.

Tata Sons Chairman N Chandrasekaran anticipates a robust future for India’s travel sector. Growing consumption will fuel this expansion. Indian Hotels Company Limited aims for 700 hotels globally by 2030. They also target doubling revenues to over Rs 15,000 crore. Chandrasekaran acknowledged Ratan Tata’s passing and India’s resilience post-pandemic. IHCL’s portfolio has expanded significantly.

Tata Steel has signed an agreement with Australia’s InQuik Group to bring modular bridge technology to India. The plan is to use InQuik’s prefabricated steel formwork, which speeds up bridge building and keeps costs low. The move will help link remote regions and strengthen transport links. Tata Steel sees this as part of its push…

Delhi’s fuel ban on older vehicles caused a surge in inquiries for second-hand cars. Customers from other regions, especially South India, hoped for bargain deals. Prices of used cars in Delhi dropped significantly. Traders faced losses as vehicles were sold at reduced rates. The government considered suspending the ban due to implementation challenges.

The Indian Medical Association (IMA) has strongly criticised the Maharashtra Medical Council’s (MMC) recent notification allowing homeopaths to prescribe modern medicines after a brief pharmacology course. IMA views this as misleading to patients and a dilution of modern medical practices. They highlight existing legal challenges and a stay order from the Bombay High Court, seeking…