Author: News Desk
Apple Pay could launch in India by late September or October, potentially giving Apple a stronger presence in the country’s growing premium credit card and digital payments market. Initial Focus On Credit Cards According to reports, Apple Pay may initially support credit cards issued on international payment networks such as Visa and Mastercard. The service is not expected to offer UPI payments at launch. To enable UPI transactions, Apple would need approval from the National Payments Corporation of India (NPCI), which operates the UPI network, along with a partnership with a sponsor bank. Apple In Talks With Card Issuers Apple…
Garden Reach Shipbuilders and Engineers (GRSE) has launched Shruti, a next-generation warship, marking another milestone in India’s push to strengthen indigenous naval shipbuilding. The launch highlights the country’s growing capabilities in designing and constructing advanced naval platforms domestically, supporting the broader Make in India and defence self-reliance initiatives. GRSE, one of India’s leading defence shipyards, has been playing a key role in supplying warships and other vessels to the Indian Navy and Coast Guard. The launch of Shruti reflects the increasing focus on developing modern platforms equipped to meet evolving maritime security requirements. India has been steadily expanding its domestic…
Natarajan Chandrasekaran has decided to step down as Chairman of Tata Sons when his current term ends on February 20, 2027, bringing his decade-long tenure at the helm of the Tata Group closer to an end. Chandrasekaran announced his decision ahead of the Tata Sons Annual General Meeting scheduled for August 18. He said he would not seek another term and asked the board to begin the succession process soon to ensure a smooth transition. Why Chandrasekaran Is Stepping Down The decision follows months of uncertainty over Chandrasekaran’s proposed third term. The Sir Dorabji Tata Trust and Sir Ratan Tata…
Adani Group Chairman Gautam Adani has reflected on the lessons of adversity, the importance of trust and the responsibility of nation-building following the dismissal of the US Department of Justice criminal case against him. Speaking during the second edition of Apni Baat, Apno Ke Saath, Adani said the experience strengthened his faith in the rule of law and reinforced the importance of humility, integrity and keeping one’s commitments. Addressing more than three lakh employees and partners across over 700 locations, he linked the experience to a broader question: what legacy will the present generation leave as India moves towards Viksit…
Mahindra & Mahindra’s electric three-wheeler arm, Mahindra Last Mile Mobility Ltd (MLMML), has joined India’s unicorn club after raising around ₹322 crore in a funding round led by global sustainable investment firm Lightrock. The investment values MLMML at approximately ₹10,822 crore, highlighting the growing investor interest in India’s electric commercial vehicle and last-mile mobility market. Lightrock Leads Funding Round The latest funding round also received participation from existing investors International Finance Corporation (IFC) and the India-Japan Fund (IJF), which is managed by the National Investment and Infrastructure Fund (NIIF). Mahindra said the investment reflects growing confidence in the long-term potential…
Union Minister for Road Transport and Highways Nitin Gadkari was recently seen stepping out of the MG M9, a premium electric luxury MPV. The sighting highlights Gadkari’s continued preference for cleaner and more environmentally friendly vehicle technologies. Gadkari has previously been seen using alternative-fuel vehicles, including the Toyota Mirai hydrogen fuel-cell electric vehicle and the Toyota Innova Hycross Flex Fuel, which can operate on ethanol blends of up to 85%. MG M9 Electric MPV The MG M9 is currently one of the most premium models offered through MG’s luxury dealership network, MG Select. Unlike Gadkari’s earlier hydrogen and flex-fuel vehicles,…
A Parliamentary Standing Committee has urged the Railway Ministry to accelerate efforts to develop and manufacture high-speed rail components in India as the country prepares to expand its bullet train network. Focus On Indian Made High Speed Rail Components In its latest report tabled in Parliament on August 10, the Standing Committee on Railways called for greater efforts to localise high-speed rail technology and build domestic manufacturing capabilities for critical components. The panel also asked the Railways to study successful high-speed rail systems in other countries and apply relevant lessons while planning the seven new high-speed rail corridors announced in…
India is preparing to deepen private-sector participation in its rapidly expanding space industry, with the government planning to hand over an under-construction ISRO spaceport Small-Satellite Launch Complex (SLC) at Kulasekarapattinam, valued at around ₹950 crore to private players. The move is part of India’s broader strategy to open up space infrastructure and create greater opportunities for private companies, startups and commercial launch operators. The spaceport is being developed to support India’s growing launch requirements and could eventually become an important facility for commercial space missions. Handing the infrastructure to the private sector could improve the utilisation of the facility while…
Entrepreneur Manav Sardana has reportedly purchased a luxury penthouse worth ₹271 crore at DLF The Dahlias in Gurugram, making the transaction one of the notable luxury home purchases in India’s real estate market. Sardana is associated with Imperial Auto Industries, a prominent automotive component manufacturer. The company has a long-standing presence in the automobile supply chain and works with major vehicle manufacturers. The high-value purchase has brought attention to Sardana’s business background as well as Gurugram’s rapidly expanding ultra-luxury residential market. DLF The Dahlias, located in Gurugram, is positioned as one of the country’s most exclusive residential developments, offering large-format…
The development of National Highway 66 in Kerala is expected to reach a major milestone by May 2028, Union Minister for Road Transport and Highways Nitin Gadkari has said. The NH-66 corridor is being widened and upgraded across Kerala as part of a major infrastructure push aimed at improving road connectivity, reducing travel time and supporting the movement of people and goods. The project is particularly significant for Kerala, where NH-66 serves as a crucial north-south transport corridor connecting several major cities and towns along the state’s western coast. Once completed, the upgraded highway is expected to provide better connectivity,…