*Bharti Airtel has enhanced connectivity for the Amarnath Yatra by expanding its network.*

*Jammu/Srinagar, July 03, 2026:* Bharti Airtel today announced the expansion of its mobile network along the Amarnath Yatra pilgrimage, further strengthening connectivity for pilgrims, security personnel, and local authorities in the region. By deploying network sites at Chandanwari, Pissu Top, and Betaab Valley, Airtel has established network coverage along the crucial Pahalgam route, in addition to its existing presence at Baltal, thus providing uninterrupted connectivity leading up to the holy Amarnath cave shrine.

The deployment was carried out in close coordination with the relevant government authorities and local administration to strengthen communications infrastructure during the Yatra. The enhanced coverage will provide reliable voice and data connectivity, support emergency communication, and improve digital access for the millions of pilgrims. 

“At Airtel, we remain committed to connecting people, communities, and essential services, even in some of the most challenging terrains,” *said Vikram RS, COO – Jammu and Kashmir, Bharti Airtel.* “The expansion of our network across both the Pahalgam and Baltal routes for the Amarnath Yatra reflects our continued investment in Jammu & Kashmir and our commitment to ensuring that pilgrims, security personnel, and authorities remain reliably connected throughout this important annual pilgrimage.” 

Airtel’s ongoing expansion in such challenging environments reflects its dedication to bridging the connectivity gap and powering India’s digital transformation.

Kusumgar Limited’s Initial Public Offering to open on 08 July, 2026, Price Band set at Rs 398/- – Rs 419/- per Equity Share

 

Price band of Rs 398/- – Rs 419/- per Equity Share bearing face value of Re 1 each (“Equity Shares”)

Bid/Offer Opening Date- 08 July, 2026 and Bid/Offer Closing Date – 10 July, 2026.

Minimum Bid Lot is 35 Equity Shares and in multiples of 35 Equity Shares thereafter

 

Mumbai, 3 July, 2026: Kusumgar Limited has fixed the price band of Rs 398/- to Rs 419/- per Equity Share of face value Re 1/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Issue”) of the Company will open on 08 July, 2026 for subscription and close on 10 July, 2026.

Investors can bid for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.

Equity shares outstanding as on date 104,991,372 Equity Shares of Re 1 each.

The IPO is an offer-for-sale (OFS) for Rs 650 crore.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. 

The company has reserved shares worth Rs 3.5 crore for its eligible employees, who will receive them at a discount of Rs 39 per share to the final issue price. 

Its revenue from operations was Rs 692 crore in FY26 as against Rs 467.9 crore during FY24.

Its net profit was Rs 98.2 crore for FY26 as against Rs 84.3 crore during FY24. 

Axis Capital Limited, IIFL Capital Services Limited, and Motilal Oswal Investment Advisors Limited are the book running lead managers, and Bigshare Services Private Limited is the registrar of the offer.

The equity shares are proposed to be listed on BSE and NSE.

About the Company 

Incorporated in 1990, the company is a manufacturer of woven, coated and laminated synthetic fabrics, referred to as engineered fabrics. The company offers engineered fabrics and solutions focusing on polyamides and polyester filaments and polyurethane chemistry that cater to the high-performance requirements of its customers.

The company’s expertise is in manufacturing fabrics where critical performance parameters include tensile strength, tear strength, abrasion resistance, comfort, air permeability, and water proofing, among others. The company has leveraged its process knowledge and product development expertise to manufacture over 1,000 unique fabric configurations (referred to as stock keeping units, or SKUs) as at March 31, 2026, to build a niche for synthetic functional and performance fabrics, addressing growing demand in the aerospace and defence, industrial and automotive, and outdoor and lifestyle segments.

The company’s vertically integrated manufacturing operations, including preparatory, weaving, dyeing, printing, finishing, coating, lamination, and fabrication, are supported by modern infrastructure, advanced technology and research and development (R&D) capabilities. It has six manufacturing facilities, in Gujarat, and one fabrication unit in Uttar Pradesh. Its integrated set up allows it greater control over quality and delivery.

Kusumgar Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated 2026, with the RoC. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., https://www.axiscapital.co.in/, https://www.iiflcapital.com/, and https://www.motilaloswal.com/the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at https://www.kusumgar.com/. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 23 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

This announcement has been prepared for publication in India and may not be released in the United States. This announcement does not constitute an offer of securities for sale in any jurisdiction, including the United States, and any securities described in this announcement may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933 or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the securities described in this announcement are not being offered or sold in the United States. 

Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the offer documents, and this does not constitute approval of either the Issue or the specified securities stated in the Offer Documents. The investors are advised to refer to page 388 of the RHP for the full text of the disclaimer clause of SEBI. 

Disclaimer Clause of BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to the page 391 of the UDRHP for the full text of the disclaimer clause of BSE.

Disclaimer Clause of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Issue Document. The investors are advised to refer to page 391 of the UDRHP for the full text of the disclaimer clause of NSE.

 

 

*TMC Transformers (India) Limited files DRHP with SEBI for an IPO*

DRHP Link: https://nsearchives.nseindia.com/corporate/Registration_30062026233221_TMCTILDRHP.pdf

TMC Transformers (India) Limited, an established transformer manufacturer in India with capabilities across multiple transformer types and voltage classes, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO).

Hriday Narayan R. Shukla is the promoter of the Company.

The offer comprises a fresh issue of up to Rs. 550 crore. The face value of each equity share is Rs. 10.

The company in consultation with the BRLMs, may consider an issue of Specified Securities aggregating up to ₹ 110 Crore (“PreIPO Placement”), as may be permitted under applicable law, at its discretion, prior to filing of the Red Herring Prospectus with the RoC. 

The Company proposes to utilise the net proceeds from the fresh Issue towards funding capital expenditure towards setting up a greenfield Extra High Voltage (EHV) transformer manufacturing facility with an aggregate installed capacity of 78,000 MVA at Halol, Gujarat (“Proposed Facility”), part funding of the incremental working capital requirements of the company and general corporate purposes.

The company operates an integrated, design-led manufacturing model and offer a comprehensive portfolio comprising oilfilled transformers up to 160 Mega Volt-Amp (“MVA”) / 220 kilovolts (“kV”) class, dry-type transformers up to 20 MVA / 36 kV class, and compact sub-stations up to 3 MVA / 36 kV class designed and manufactured to meet customer specific technical requirements.

It is one of the few transformer manufacturers in India with the requisite capabilities and certifications to cater to all major high-growth end-user sectors, including railways, renewables, metro, industrials, discoms and others (Source: CRISIL Report). 

TMC Transformers (India) is the only transformer manufacturer in India certified by RDSO for all classes of transformers required for 2×25 kV traction substations in India (Source: CRISIL Report). It is also one of the only two Indian manufacturers certified by RDSO to manufacture 100 MVA / 220 kV Scott-connected traction transformers for deployment in high-voltage rail network electrification by the Indian Railways, and the first and only manufacturer approved for 100 MVA / 230 kV Scott-connected traction transformers for these applications as per CRISIL Report.

The company is one of the fastest growing transformer manufacturing companies from Fiscal 2024 to Fiscal 2026, in terms of revenue from operations, growing at a CAGR of 29.83% during the period (Source: CRISIL Report). It had the highest gross profit margin in Fiscal 2026 of 43.01% and in Fiscal 2025 of 38.57% amongst all peers, underscoring its strong market positioning, execution capabilities, backward integration and cost efficiency as per CRISIL Report.

The equity shares offered through the Red Herring Prospectus are proposed to be listed on the Stock Exchanges, namely BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE", and together with BSE, the "Stock Exchanges").

Anand Rathi Advisors Limited and Intensive Fiscal Services Private Limited are the Book Running Lead Managers to the issue.

Bank of India hands over Rs.1553.50 crores dividend to Government of India for FY25-26

Bank of India handed over dividend cheque dated 17th June 2026 of Rs.1,553.50 crore for the financial year 2025-26 to Government of India on 30th June, 2026. The dividend cheque was presented to Hon’ble Finance Minister Smt. Nirmala Sitharaman in the presence of Smt. Shalini Pandit, Joint Secretary, DFS by Shri Rajneesh Karnatak, Managing Director & CEO and all the four Executive Directors of Bank of India. 

Bank of India had declared dividend of Rs.4.65 per equity share (46.50%) for the financial year 2025-26.  

For the full year 2025-26, Bank of India’s net profit jumped by 14.19%, which went up from Rs. 9,219 crore in FY25 to Rs. 10,527 crore for FY26.  

By successfully paying dividends to the Government of India, Bank of India reaffirms its robust financial performance and unwavering dedication to creating value for its shareholders. This accomplishment stands as a testament to the bank’s commitment to excellence and its ability to generate consistent returns.

Flipkart Foundation Deepens Partnerships....

Flipkart Foundation Deepens Partnerships to Drive Sustainable and Inclusive Development 

Partner organisations discussed AI, organisational capability and collaboration to strengthen long-term community impact

Flipkart Foundation shared ecosystem capabilities and best practices to help partners scale programmes and improve outcomes

Since 2022, the Foundation has reached over 4 million underserved individuals across 17 states through 35 projects with 21 partners

Bengaluru - June 30, 2026: Flipkart Foundation convened its third annual Partners' Meet, bringing together representatives from 10 partner organisations working across skilling, entrepreneurship, education, digital inclusion, environmental sustainability, community resilience and social welfare. Across two days, partner organisations came together to exchange on-ground learnings, build on what is working, and engage in dialogue on scaling sustainable impact for underserved communities and strengthening systems that enable long-term social change.

Since its establishment in 2022, Flipkart Foundation has worked with 21 organisations across 35 projects in 17 states and union territories, positively impacting over 4 million underserved and marginalised individuals. Its work is anchored in four areas: skill development, market access through entrepreneurship, environmental responsibility, and community development. 

Participating organisations at the Annual Meet included Akshaya Patra Foundation, Buddy4Study India Foundation, Haqdarshak, Pratham InfoTech Foundation, S M Sehgal Foundation, SankalpTaru Foundation, Smile Foundation, SOS Children's Villages India, Vihaan, and WWF-India, among others. 

Bringing Technology and Organisational Capacity into Social Impact

The Partners' Meet featured capacity-building sessions on cybersecurity, data protection, organisational culture, and artificial intelligence, equipping partners with capabilities and frameworks to strengthen how they work and deliver on the ground. Participants were also introduced to Flipkart initiatives such as Flipkart Samarth, which supports artisans and entrepreneurs in accessing e-commerce opportunities, and the Supply Chain Operations Academy (SCOA), which trains youth for evolving supply chain roles. Together, these sessions reflected Flipkart Foundation's commitment to sharing expertise and capabilities from across the Flipkart ecosystem to support long-term social impact.

Addressing the gathering, Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group and Board Member, Flipkart Foundation, said, "India’s next decade will be defined not just by economic growth, but by how widely opportunity is shared. As AI and technology reshape the future of work, strengthening the capabilities of communities and institutions becomes even more important. Organisations working closest to communities bring invaluable insight, trust and experience, and partnerships with them are essential to creating lasting impact. At Flipkart Foundation, we believe our role is to strengthen that ecosystem so that opportunity reaches more people, more sustainably."

The annual Partners’ Meet is part of how the Foundation deepens its partnerships - creating space for shared learning and candid conversation that supports continuous improvement across the partner network. This year's gathering reinforced a shared commitment among partner organisations to build on what is working and push further where the work demands it, as the Foundation looks to deepen its impact across communities.

Mr. Prem Yadav, Co-Founder and CEO, Pratham InfoTech Foundation, said, "Partnerships play a critical role in ensuring that technology becomes an enabler of inclusion rather than a barrier. Our collaboration with Flipkart Foundation has focused on helping underserved youth build digital competencies and future-ready skills that improve employability. The discussions during the Partners' Meet highlighted the value of collective learning and reaffirmed the importance of working together to create opportunities for communities that are often left behind."

Speaking of this partnership, Ms. Chandrani Bhattacharya, Senior Director - Resource Mobilisation, The Akshaya Patra Foundation, said, "What makes this partnership truly meaningful is our shared commitment to addressing child nutrition in a holistic way. We are grateful to Flipkart Foundation for supporting the Morning Nutrition Programme, an initiative that recognises the importance of nourishing children at the start of their day. Equally valuable was the Partners' Meet, which brought together like-minded organisations to exchange ideas, share learnings, and explore collaborative approaches to maximising social impact. This collaboration reflects how purpose-driven partnerships can create lasting impact and bring us closer to our vision that no child in India is deprived of education because of hunger."

Mr. Subroto Roy, Chief Resource Officer, Smile Foundation, said, "Creating sustainable livelihood opportunities requires more than skills training – it requires collaboration, innovation, and a deep understanding of community needs. Our engagement with Flipkart Foundation has enabled us to support underserved youth in building careers within the BFSI sector. The Partners' Meet reinforced the importance of learning from one another and working together to address evolving social and economic challenges at scale."

The Foundation's partner-driven approach remains central to its efforts to create lasting social impact. As it deepens its work across communities, the partnerships and conversations that emerged from its Annual Partners’ Meet will inform how it strengthens its collaborative approach and continues to contribute to a more inclusive growth story for India. 

About the Flipkart Group

The Flipkart Group is one of India’s leading digital commerce entities with a strong technology-first foundation and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money. Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart’s marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI payments. Beyond shopping, Flipkart continues to create jobs, empower entrepreneurs, and strengthen India’s digital economy.

Life Insurance Delivers Long-Term Value, with Benefits Far Outweighing Occasional Concerns

Mumbai, June 1, 2026: The life insurance industry is highlighting the need for a more balanced understanding of life insurance, emphasizing that its long-term benefits including financial protection, security, and disciplined savings, far outweigh isolated concerns that may arise, including instances of mis-selling.

The Insurance Awareness Committee – Life Insurance (IAC-Life) encourages customers and stakeholders to view life insurance as a long-term financial protection instrument, rather than assess it solely through immediate or short-term outcomes.

“Life insurance is designed to deliver value over time—through financial security, protection for families, and disciplined savings. While concerns such as mis-selling do exist and must be addressed by the industry, they represent a small part of the overall ecosystem, which continues to deliver significant value to millions of policyholders,” said Kamlesh Rao, Chairperson, Insurance Awareness Committee (IAC-Life).

Importantly, life insurance is the only financial instrument that offers a ‘free-look period’, which allows policyholders to review their policy after purchase and return it within a stipulated timeframe if they feel it does not meet their needs. This feature provides an added layer of transparency and customer protection at the point of purchase.

Life insurance products are structured to encourage long-term holding, and outcomes are closely linked to this lifecycle. When policies are evaluated prematurely, the full extent of these benefits may not be immediately apparent. “Assessing long-term financial solutions through a short-term lens may lead to incomplete conclusions about their overall value,” Mr. Rao added.

The core purpose of life insurance remains financial protection during critical life events. In FY 2024–25 alone, the industry paid out over ₹6.3 lakh crore in claims, including death benefits, maturities, annuities, and withdrawals—providing crucial financial support to millions of families.

While market-linked instruments play an important role in wealth creation, life insurance serves a distinct purpose—offering income protection, financial continuity, and long-term financial discipline. These complementary roles are essential for holistic financial planning.

The Insurance Awareness Committee urges stakeholders—including insurers, intermediaries, and consumers—to align expectations with the long-term nature of life insurance and recognise the broader value it delivers over time.

About Insurance Awareness Committee–Life Insurance:

87% of India continues to grapple with a significant life insurance protection gap, which continues to increase, exceeding 90% amongst those aged 18–35. This growing vulnerability is a threat to families’ financial security and aspirations.

Addressing this challenge on a war footing is crucial to maintaining our society’s socio-economic resilience and security. The Insurance Awareness Committee was formed under the aegis of the Life Insurance Council to take action on this issue.

Formed in 2019, 24 Life Insurance firms have come together to contribute under the guidance of six CEOs nominated to lead the agenda. Further comprised of a cross-industry marketing team supported by creative/ media agencies, the Insurance Awareness Committee researches, plans, creates and deploys nationwide campaigns that drive awareness, understanding and consideration of life insurance products.

19th HGH India opens with a grand inaugural ceremony in Mumbai

 

Government, design, and trade leadership convene to mark the opening of India's leading annual home trade show

Mumbai, 30th June 2026: The 19th edition of HGH India, the country's leading annual trade show for Home Textiles, Home Décor, Houseware, and Gifts, was officially inaugurated today at Hall 6, Bombay Exhibition Centre, NESCO, Mumbai.

The inaugural ceremony was graced by Chief Guest Ms. Vrunda Manohar Desai (IRS), Textile Commissioner, Ministry of Textiles, Government of India. Guests of Honour included Mr. Walter Ferrara, Consul General of Italy and Mr. Vikas Pansare (IAS), Managing Director, MSSIDC.. The ceremony was further attended by Special Guests ID. Ketan Sheth, Chairman, IIID MRC, Ar. Reza Kabul, President and Principal Architect, ARK Reza Kabul Architects, Ar. Raajeev Kasat, Principal Architect and Owner, Raajeev Kasat and Associates, and Ar. Makrand Pataskar, Principal Architect, Makrand Pataskar Architect. The ceremony was hosted by Mr. Arun Roongta, Managing Director, Texzone Information Services Pvt. Ltd., and Dr. Geert Böttger, Director, Expo + Consulting Associates Ltd., organisers of HGH India.

The opening marks the beginning of a four-day showcase bringing together 700+ Indian and international brands and manufacturers, with 50,000+ expected trade buyers from across India and internationally.

"HGH India has been built on the belief that the Indian home industry deserves a platform that matches its ambition," said Mr. Arun Roongta, Managing Director, Texzone Information Services Pvt. Ltd. "The 19th edition reflects the extraordinary pace at which this sector is evolving — in design, in sustainability, and in its global outlook. We are proud to welcome 700+ brands, thousands of trade buyers, and some of the finest names in government and design to Mumbai, and we look forward to four days of meaningful business and ideas."

Ms. Vrunda Manohar Desai (IRS), Textile Commissioner, Ministry of Textiles, Government of India, said, “It is encouraging to see the industry's strong focus on innovation, sustainability, and design excellence. Sustainability is no longer a buzzword; it has become an integral part of business strategy. Today, there is a growing emphasis on sustainable textiles, circularity, and traceability across the home textiles value chain. HGH India provides an excellent platform for manufacturers, buyers, and designers to come together, exchange ideas, and foster meaningful collaborations. I congratulate the organisers for creating such a diverse and dynamic platform that supports industry growth, innovation, and a more sustainable future."

Mr. Walter Ferrara, Consul General of Italy, commented, “India is one of the world's most dynamic and fast-growing markets, with a rapidly expanding demand for premium home furnishings, décor, and design-led products. Italy and India share a deep appreciation for craftsmanship, innovation, and quality, creating strong opportunities for collaboration between our industries. Through the official Italian Pavilion at HGH India, we are proud to showcase the excellence of five distinguished Italian brands. Together, they represent the finest traditions of Italian design, creativity, sustainability, and craftsmanship. We look forward to strengthening business partnerships and further deepening the trade relationship between Italy and India."

Organised by Texzone, with over 40 years of experience in market development, knowledge sharing, trend forecasting, and product intelligence, the 19th edition of HGH India advances with a clear three-pillar focus: Contemporary, Futuristic, and Sustainable.

This year's highlights include:

PreSense: Trend Forecast 2026-27 — Dedicated pavilion showcasing four themes bringing HGH India's design and colour forecast to life across all the categories.

Technical Textiles Pavilion — A dedicated showcase of high-performance home fabrics spanning flame-retardant furnishings, antimicrobial upholstery, thermal-regulated sleep solutions, and more, in a market projected to reach USD 50 billion by 2028.

Italian Pavilion — Organised by the Italian Trade Agency (ITA), the Italian Pavilion brings five prestigious Italian brands to India — IBIAGI, Kutyna, Laudarte, Moschella Sedute, and Rossini — showcasing home décor, accessories, seating, luxury lighting, glassware, and ceramics.

Sustainability Pavilion — Innovations in eco-conscious home products spanning natural and recycled materials, biodegradable composites, natural dyes, and responsible manufacturing.

Smart Kitchen Pavilion — Showcasing trends and the next generation of cookware, appliances, hydration and kitchen tools at the intersection of function, technology, and convenience.

H-Circle Product Innovation Awards — Recognising exhibitors across all categories for design innovation, functionality, aesthetics, and sustainability, judged by a diversified jury.

Indian Heritage Pavilion — Connecting national award-winning artisans and handloom producers with retailers and institutional buyers, supported by the Ministry of Textiles, Ministry of MSME, EPCH, HEPC, and more.

HGH India Interactive — Expert-led panel discussions and presentations covering retail innovation, consumer trends, technical textiles, sustainability, and the future of the Indian home market.

With 90% buyer retention and 80% exhibitor return across editions, HGH India continues to serve as a vital business enabler and thought leader for India's home and lifestyle industry.

As AI Reshapes Careers, NMIMS Horizon Brings AI-Enabled Learning

Mumbai, June 29, 2026: As Artificial Intelligence rapidly transforms industries, jobs, and the skills required for future careers, SVKM's Narsee Monjee Institute of Management Studies (NMIMS) has announced NMIMS Horizon, a university-wide future skills initiative designed to prepare students for an AI-driven economy.

Developed in collaboration with Coursera, the initiative will provide nearly 40,000 student users across NMIMS campuses access to AI-enabled learning pathways, globally recognised certifications, and industry-relevant skill development opportunities integrated directly into their academic journey.

The initiative marks a significant shift in how higher education institutions are responding to the growing demand for AI literacy and future-ready skills. While employers increasingly seek graduates who can work alongside emerging technologies, NMIMS is embedding AI-enabled learning into the curriculum across multiple programs. Through NMIMS Horizon, students will gain access to various courses available on Coursera, including a bucket of courses focused on Artificial Intelligence, Machine Learning, Data Analytics, Digital Transformation, and Emerging Technologies. The learning pathways have been curated to complement academic programmes while helping students build practical skills aligned with evolving industry requirements.

Unlike traditional online certification offerings, the Coursera learning pathways at NMIMS are integrated into the academic curriculum and form a mandatory component of the student learning experience. Faculty-guided, assessment-linked, and programme-specific, the initiative enables students to acquire industry-relevant skills while earning globally recognised certificates from leading universities and industry partners.

Speaking on the occasion, Dr. Chandrima Sikdar, Professor and Dean – Academics and Learning Experience, SBM, NMIMS, said, "The role of universities today extends far beyond imparting knowledge. It is about preparing students for a world where Artificial Intelligence, technology, and data will influence every profession and every industry. At NMIMS, we are continuously re-imagining the learning experience to ensure our students graduate with the skills, adaptability, and mindset required to thrive in a rapidly changing workplace. NMIMS Horizon is a significant step in that direction, providing students with access to globally relevant learning pathways and industry-recognised certifications that complement classroom learning and strengthen career readiness."

Dr. Sharad Mhaiskar, Provost (Administration), NMIMS, added, "The future workforce will be defined not only by what individuals know, but by how quickly they can learn, adapt, and collaborate with emerging technologies. Universities have a responsibility to evolve ahead of industry needs. Through NMIMS Horizon, we are embedding AI literacy, future skills, and global learning opportunities into the student experience, ensuring our graduates are equipped to lead and succeed in an increasingly technology-driven world."

With approximately 40,000 licences deployed across the university, NMIMS Horizon represents one of the largest university-wide AI and future skills learning initiatives in Indian higher education. The university has fully funded the initiative, ensuring students can access global learning opportunities and industry-recognised certifications without any additional financial burden.

ICAI Celebrates International MSME Day; Hosts National ScaleUp India Summit 2026 to Strengthen MSME and Startup Ecosystem

• Summit focused on Policy Reforms, Compliance and Funding aimed towards Handholding & Strengthening India’s MSME & Startup Ecosystem 

• Organised ICAI MSME Clinics to provide free advisory services across 186 Branches and 5 Regional Council pan India

The Institute of Chartered Accountants of India (ICAI), through its Committee on MSME & Startup, successfully organized a two-day ICAI ScaleUp India Summit 2026 for MSMEs & Startups at Jio World Convention Centre in, Mumbai on 26th and 27th June 2026.

The summit was supported by the Ministry of Micro, Small and Medium Enterprises, National Small Industries Corporation, Laghu Udyog Bharati and All India Association of Industries, NSE, i-Hub, CAIT, AIAI, FICCI FLO, SIDBI, Leading Banks and Ecosystem Partners. The two-day summit brought together policymakers, industry leaders, investors, Chartered Accountants, startups, entrepreneurs and key stakeholders, including representatives from NABARD, Bank of India, NaBFID, Bank of Baroda, NKGSB Co-operative Bank, CFO T-Hub, CEO I-Hub, NSE, and other leading financial institutions, to deliberate on key issues shaping the MSME and startup ecosystem.

The Summit commenced on 26 June 2026 with the esteemed presence of Shri Rahul Narwekar, Hon'ble Speaker of the Maharashtra Legislative Assembly, as the Guest of Honour.

The Summit was inaugurated, by CA. Prasanna Kumar D, President, ICAI, and CA. Mangesh Kinare, Vice President, ICAI in presence of CA. Gyan Chandra Misra, Chairman, Committee on MSME & Startup and CA. Sanjay Kumar Agarwal, Vice Chairman, Committee on MSME & Startup, along with the Central Council and Regional Council Members of ICAI.

On this occasion, CA. Prasanna Kumar D, President, ICAI, said, "Through the ICAI Scale Up India Summit, we are bringing MSMEs and startups together on a common platform to help them understand the complete entrepreneurial journey, from transforming an idea into an enterprise to scaling it into a successful business. Chartered Accountants possess a deep understanding of the entire business ecosystem, economic growth and the various stages of building and growing an enterprise. With their knowledge and expertise, they are well-equipped to guide entrepreneurs at every stage of their journey, from beginning to scaling up their businesses sustainably. As a trusted partner-in-nation building, ICAI aims to mentor, handhold, and guide entrepreneurs at every stage of their business journey, empowering them with the knowledge, expertise, and support required for sustainable growth”

A major highlight of the summit was the “Start up – Scale Up Tank”, which enabled selected startups to present their business ideas before investors and industry experts, creating opportunities for collaboration, investment and growth. More than 100 startups registered their presence at the Summit with top 12 qualified for pitching their ideas in front of six big venture capitalists of the Country. 

Addressing the event, CA. Mangesh Kinare, Vice-President, ICAI, said "This programme has been conceptualised to promote the MSME ecosystem and encourage greater MSME registrations. While the Government of India has introduced several schemes and benefits for MSMEs, many of these have yet to reach the intended beneficiaries effectively. Through this initiative, ICAI aims to bridge that gap by creating greater awareness about the various government schemes and benefits available to MSMEs.”

The summit featured insightful technical sessions and panel discussions covering a wide range of contemporary themes, including The Next Big Wave: Startups Shaping Tomorrow’s Industries, Mapping the Future of Startup Innovation” & Opportunities for Professionals, Data Protection & Cybersecurity for New Economy, Future in Investment Banking & Venture Capital, Resolving the Payment Crisis through MSME Samadhaan & ODR, SME IPOs, and MSME Working Capital Finance, GeM Portal, ECLGS 5.0 & Digital Marketplaces, the MSME Seller's Gateway to Government.

Further, the summit also witnessed deliberations by eminent experts from industry, finance and policy circles, including representatives from NeSL, NaBFID, Ratnaafin Capital, SEBI and M1xchange, further strengthening dialogue around innovation, access to finance and business scalability

The summit served as a valuable knowledge-sharing platform and reaffirmed ICAI’s commitment towards supporting entrepreneurship, strengthening MSMEs and enabling sustainable economic growth through professional excellence and policy engagement.

About ICAI

The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation and development of the profession of Chartered Accountancy in India. The Institute functions under the administrative supervision of the Ministry of Corporate Affairs, Government of India. With over 15 Lakh Members and Students, today ICAI is the largest professional accountancy body in the world. ICAI has a wide network of 5 Regional Councils and 186 Branches within India and a global presence with 54 Overseas Chapters and 31 Representative Offices spanning 85 cities across 47 Countries worldwide.

Padma Shri Dr. Mukesh Batra Launches Toxic with Amish Tripathi, Sparking a Powerful Conversation on Emotional, Spiritual and Relationship Well-being

Padma Shri Dr Mukesh Batra’s and Amish Tripathi

Mumbai, June 27, 2026: In an evening marked by profound reflection and compelling dialogue, renowned homeopath and wellness pioneer Dr Mukesh Batra officially launched his latest book, Toxic: Stories, Science and Remedies for a Cleaner Mind, Body and Spirit, in conversation with bestselling author, broadcaster and former diplomat Amish Tripathi.

Published by Bloomsbury India, Toxic expands the understanding of toxicity beyond environmental pollution to include the invisible yet pervasive toxins of the mind, emotions, relationships and spirit. The book examines how anxiety, fear, unhealthy relationships, rigid beliefs and unchecked ego can quietly erode well-being, while also offering practical pathways towards healing and inner transformation.

Opening the discussion, Padma Shri Dr. Mukesh, Founder and Chairman Emeritus at Dr Batra’s® Healthcare reflected on what inspired him to broaden the conventional understanding of toxicity.

 "When we think of pollution, we think of the air we breathe or the water we drink. But toxicity is also present in our thoughts, our emotions, our relationships and even our belief systems. Unless we recognise these inner toxins, true healing remains incomplete."

Amish Tripathi renowned author echoed this sentiment, observing that Indic civilisation has long emphasised inner purification as the foundation of well-being.

 "Material progress is important, but civilisations endure because of inner balance. Our ancient wisdom traditions repeatedly remind us that external success without inner clarity ultimately creates suffering."

The conversation then turned to one of the book's most resonant themes—relationship toxicity. Dr. Batra emphasised the importance of distinguishing between difficult relationships and genuinely toxic ones.

 "Every relationship encounters conflict. A relationship becomes toxic when there is repeated disrespect, manipulation, emotional depletion and a gradual erosion of self-worth. Healthy relationships energise us; toxic ones diminish us."

The speakers explored how love itself can sometimes become unhealthy when care transforms into control, possessiveness or dependency. Drawing on examples from Indian epics, Amish reflected on the timeless lessons embedded within relationships such as those between Kaikeyi and Dasharatha, Karna and Duryodhana, and Ravana and Mandodari, underscoring how power, attachment and ego continue to shape modern relationships.

A particularly moving segment focused on family dynamics and the challenge of recognising toxicity within families.

 "Family relationships are often the hardest to evaluate objectively because they are intertwined with duty, conditioning and guilt," said Dr Batra. "Boundaries are not acts of rebellion. They are acts of self-respect."

The discussion also addressed whether healing always requires reconciliation, with both speakers agreeing that forgiveness can be deeply liberating, but reconciliation is not always necessary for emotional healing.

The evening then shifted to the theme of spiritual toxicity, a central pillar of Toxic. Dr Batra cautioned against blind belief, performative spirituality and the rise of spiritual superiority.

 "Spirituality becomes toxic when it discourages inquiry, promotes ego or reduces compassion. Ritual without inner transformation is merely performance."

Addressing the paradox of rising anxiety despite growing interest in spiritual practices, the speakers noted how social media has transformed spirituality into a performative exercise, often prioritising appearances over authentic inner work.

Responding to a question on the antidote to ego, Amish Tripathi drew upon Indic philosophy, emphasising humility, self-awareness and service as enduring pathways to spiritual growth.

The conversation concluded with practical suggestions for detoxifying one's inner life, including cultivating daily silence, practising self-observation, limiting digital noise, nurturing conscious relationships and embracing gratitude and service.

Speaking about the book, Padma Shri Dr. Mukesh Batra said:

 "Toxic is ultimately a book of hope. It invites readers to recognise the many visible and invisible toxins shaping our lives and empowers them to make conscious choices that lead to healing—of the body, mind and spirit."

The event was conducted by Simran Ahuja, international celebrity anchor.

Toxic: Stories, Science and Remedies for a Cleaner Mind, Body and Spirit, co-authored by Dr Mukesh Batra and Swami Shailendra Saraswati, is now available across bookstores and online platforms. The book explores physical, mental, emotional and spiritual toxicity through a combination of stories, scientific insights, practical exercises and holistic approaches to healing.

About the Book

Toxic examines the many forms of toxicity that define modern life—from polluted air, water and food to anxiety, fear, toxic relationships, belief systems and spiritual ego—and offers readers practical strategies for creating a cleaner mind, body and spirit.