Wednesday, September 2, 2026

Roadshow for Vibrant Gujarat Global Summit 2027


Roadshow for Vibrant Gujarat Global Summit 2027 to Be Held at The Taj Mahal Palace, Mumbai on 3rd September 2026

Hon’ble Chief Minister Shri Bhupendrabhai Patel to Interact with Consul Generals and Leading Industrialists

Mumbai, 2nd September: Following the successful New Delhi Curtain Raiser of the Vibrant Gujarat Global Summit (VGGS) 2027, a roadshow will be held in Mumbai on 3rd September 2026 at The Taj Mahal Palace, Colaba. Ahead of the VGGS, the roadshow will provide a significant platform to further strengthen Gujarat’s engagement with the global diplomatic and business community. Hon’ble Chief Minister of Gujarat, Shri Bhupendrabhai Patel and Hon'ble Deputy Chief Minister, Shri Harsh Sanghavi, Government of Gujarat will address during the interaction with Consul Generals and industry captains in the evening.

The programme will commence with a welcome address by Mr. R. Mukundan, National President, Confederation of Indian Industry (CII). The Additional Chief Secretary, Industries and Mines Department (IMD), Government of Gujarat, will deliver a presentation on VGGS 2027.

Leading industrialists will also share their experiences about Gujarat, followed by an address of the Chief Secretary, Government of Gujarat.

Before the roadshow, Hon’ble Chief Minister Shri Bhupendrabhai Patel will also hold one-on-one meetings with leading industrialists representing diverse sectors from companies / organizations such as Reliance Industries Ltd., Tata Trusts, Mahindra Group AM/NS India, STT Global Data Centres India, Godrej Industries, ASSA ABLOY, Cipla Ltd., Sun Pharma, Larsen & Toubro, RPG Enterprises, Piramal Group, K Raheja Group, Aditya Birla Group, Nayara Energy Ltd., Chemtrols Industries, Lotte India, Swan Corp, Colt Data Centre Holdings, Batliboi Ltd., Blue Star India, Abbott Nutrition, Arabelle Solutions, Rossari Biotech Ltd. and Grindwell Norton & Saint-Gobain.

The one-to-one meetings will cover key sectors including advanced manufacturing, pharmaceuticals, health & wellness, IT financial services, green energy, oil & energy, biotechnology, real estate, abrasives materials, industrial automation, heavy engineering, and petroleum.

Further, roundtable interaction with young entrepreneurs on the Vibrant Summit and the opportunities in the state, is also planned as part of the event.

The discussions will focus on investment opportunities, expansion plans and strategic partnerships, while showcasing Gujarat’s robust industrial ecosystem, world-class infrastructure, investor-friendly policies and commitment to supporting the next phase of sustainable, technology-led growth.

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Pranav Constructions Limited’s Initial Public Offering to open on Monday, September 07, 2026, Price Band set at ₹ 118/- to ₹ 124/- per Equity Share





 
Price band of ₹ 118/- to ₹ 124/- per Equity Share bearing face value of ₹ 10/- each (“Equity Shares”)

Bid/Offer Opening Date – Monday, September 07, 2026 and Bid/Offer Closing Date – Wednesday, September 09, 2026

Minimum Bid Lot is 120 Equity Shares and in multiples of 120 Equity Shares thereafter
 
 
Mumbai, September 02, 2026: Pranav Constructions Limited has fixed the price band of ₹ 118/- to ₹ 124/- per Equity Share of face value ₹ 10/- each for its initial public offer.
 
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, September 07, 2026, for subscription and close on Wednesday, September 09, 2026.
 
Investors can bid for a minimum of 120 Equity Shares and in multiples of 120 Equity Shares thereafter.
 
Equity shares outstanding as on date 87,171,170 Equity Shares of ₹ 10/- each.
 
The IPO is a fresh issue of up to ₹ 3,156.00 million and an Offer for sale of up to 2,856,869 Equity Shares of face value ₹ 10/- each by investor selling shareholder - BioUrja India Infra Private Limited.
 
Incorporated in 2003, the Company is a leading real estate company, based on the supply of units and number of completed and under construction MCGM - Redevelopment projects in the Western Suburbs, with a total of 1,864 units and 34 MCGM-Redevelopment projects (completed and under construction) whereas other developers have 4 to 11 MCGM - Redevelopment projects, each launched between CY17 – Q1 CY26 (Source: C&W Report). 

The Company is amongst the top redevelopment companies based out of Mumbai predominantly undertaking redevelopment projects in the Western Suburbs focusing on Economical, Mid and Mass, and Aspirational homes (Source: C&W Report).

The Company ranks 1st in the MCGM Region for having the highest combined supply in MCGM – Redevelopment projects launched between CY21 and Q1 CY26 (Source: C&W Report).

The Company ranks 2nd in the MCGM Region for having the highest supply in MCGM Redevelopment projects launched between CY17 and Q1 CY26 (Source: C&W Report). 

As of March 31, 2026, the Company’s portfolio included 65 Redevelopment projects across the MCGM Region, comprising (i) 28 Completed Redevelopment Projects with a combined Total Developable Area of 1.42 million square feet, (ii) 20 Under-construction Redevelopment Projects with combined Total Developable Area of 1.63 million square feet, and (iii) 17 Upcoming Redevelopment Projects with combined Total Developable Area of 1.96 million square feet. 

Accordingly, the Company specializes in pure-play redevelopment with operations pre-dominantly focused in the Western Suburbs of the MCGM Region.

The Company has a proven track record of timely completion of its Completed Redevelopment Projects, with strong execution capabilities and has become a trusted and reliable brand in the Western Suburbs, resulting in strong brand recall (Source: C&W Report). 

As a core aspect of its business, the Company enters into Redevelopment agreements with Co-operative Housing Societies, which enables it to conduct business in a capital efficient manner. 

The Company has adopted an integrated Redevelopment model, with capabilities and in-house resources to execute Redevelopment Projects from initiation to completion. It has developed in-house competencies for every stage of the Redevelopment process comprising: (i) tendering stage, (ii) pre-construction stage, (iii) construction stage, and (iv) post-construction stage. 

The Company’s revenue from operations was ₹ 7615.96 million during FY26 as compared to ₹ 6362.72 million during FY25. The Company’s net profit was ₹ 713.24 million during FY26 as against ₹ 622.54 million during FY25. The ROCE of Company was 24.34% during FY 26 as compared to 24.83% during FY25
 
Centrum Broking Limited (as successor to the merchant banking business of Centrum Capital Limited), and PNB Investment Services Limited are the Book Running Lead Managers, and KFin Technologies Limited is the Registrar of the Offer. The Equity Shares are proposed to be listed on NSE and BSE.
 
Pranav Constructions 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 August 31, 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 BRLMs,  https://centrumbroking.com/, and https://pnbisl.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.pranavconstructions.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 18 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.
 
The Equity Shares offered in the Offer have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the issue are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act (“Regulation S”).
 
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 396 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 399 of the RHP 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 399 of the RHP for the full text of the disclaimer clause of NSE.
 

Saturday, August 29, 2026

WDS Sets the Stage for Fight Night 18 as Indian Fighters Take on International Talent




Indian and international fighters share their perspectives ahead of the 18th edition of WDS Fight
Mumbai, August 28, 2026:, Warriors Dream Series, India’s leading and fastest-growing MMA promotion, setting the benchmark for scale, consistency and quality in Indian combat sports, is set to bring Indian and international fighters together for Fight Night 18 August 29 at the CIDCO Exhibition & Convention Centre, Mumbai. Ahead of the event, WDS held a press conference where fighters competing on the card shared their perspectives on their preparation, upcoming matchups and the experience of competing on a professional MMA fight card featuring international competition.
The press conference brought together fighters from the Fight Night 18 card, who spoke about the challenges of their respective matchups and their preparations ahead of fight night. The 13-bout professional MMA card features fighters from India and across Asia, including international matchups that will see Indian athletes compete against fighters from the Philippines and Russia. Among the key matchups on the card, Jeko Laishram of India will take on Kimbert Alintozon of the Philippines in the Flyweight division, while Tarun M Hiremath and Gaganpal Singh Dua will compete in the Light Heavyweight division. The international matchups form part of WDS’s continued focus on bringing professional-level MMA competition to India and giving Indian fighters opportunities to compete against athletes from outside the country.
Speaking at the press conference, Sanjivan Padwal, Founder, Warriors Dream Series, said, “With WDS, our aim is to build an Indian MMA property to global standards, with a strong focus on professional fight curation, athlete development, production and the overall fan experience. At the same time, we want to create greater awareness around professional MMA in India and help audiences appreciate the discipline, skill and athleticism that goes into the sport. With every Fight Night, we are working towards creating a consistent platform where Indian fighters can compete against international athletes, while building a stronger MMA audience in the country. The long-term vision is to take Indian MMA to the global stage.”
Sudhanshu Srivastava, Founder & Promoter, Warriors Dream Series, said, “We are excited for Fight Night 18 and to see the energy, madness and enthusiasm that the fighters bring into the cage. The passion and determination of these athletes is what makes every Fight Night special, and we are looking forward to seeing that come alive in Mumbai. Fight Night 18 brings together a strong mix of Indian and international fighters, giving athletes the opportunity to compete in a high-quality and competitive environment. For us, it is important that every edition delivers meaningful matchups while giving fighters a platform to showcase their ability and connect with a growing community of MMA fans.”
The interaction also highlighted WDS’s larger objective of building professional MMA and combat sports in India through a consistent series of Fight Night events. The promotion is focused on creating a platform where fighters can develop their careers, compete against stronger domestic and international opposition and connect with a growing audience for the sport.With every edition, WDS is working towards raising the standards of professional fight curation, athlete development, event production and fan engagement. The promotion also aims to create greater awareness around professional MMA in India and help audiences recognise the discipline, skill and athleticism involved in the sport.

Taking inspiration from the global standards set by leading MMA properties such as the UFC, WDS aspires to build a strong Indian MMA property with its own identity and a consistent professional ecosystem. Its long-term vision is to develop Indian fighters, create more opportunities for international competition and take Indian MMA to the global stage. With 24 editions and more than 1,800 professional and amateur bouts hosted since April 2022, WDS has established Fight Night as its core professional MMA property. Through its continuing series of events, the promotion is building a platform that brings together fighters, fans and partners while contributing to the growth of MMA and combat sports in India. 

About WDS
WDS is among India’s most active and fastest-growing Mixed Martial Arts promotions. Through its flagship properties, Fight Night and Rising Stars, WDS has established a credible platform for both emerging and established athletes to compete and advance their professional careers.
With 24 successful editions and over 1,800 professional and amateur bouts hosted, WDS has played a significant role in strengthening India's combat sports ecosystem and expanding the reach of MMA across the country.
Driven by a commitment to athlete development, world-class event production, and fan engagement, WDS continues to build pathways for Indian fighters while elevating the sport's profile on the national stage.

Friday, August 28, 2026

Bank of India’s CyberShield Hackathon 2026 Concludes at IIT Hyderabad




Highlights:
2936 registrations received from across India; 72 shortlisted teams and individuals presented technology-led solutions to address emerging financial-sector cybersecurity challenges

Hyderabad, 28 August 2026: Bank of India successfully concluded the Grand Finale of CyberShield Hackathon 2026 at the Indian Institute of Technology Hyderabad (IIT-H) on 27th and 28th August 2026. 

The PSB’s Cybersecurity, Fraud & Artificial Intelligence Hackathon 2026 was organised by Bank of India in collaboration with IIT Hyderabad is an initiative of the Department of Financial Services (DFS), Ministry of Finance, Government of India, and the Indian Banks’ Association (IBA). 

The initiative seeks to strengthen collaboration among public sector banks, academic institutions and young innovators to develop technology-led solutions for real-world challenges in banking and financial services.

Bank of India and IIT-H entered a Memorandum of Understanding for the 2026 edition, under which IIT-H provided institutional, technical, logistical and event-related support for conducting the various stages of the hackathon.

The Bank invited solutions for the following two problem statements:
Harnessing Generative AI For Automated Reverse Engineering, Static and Dynamic Analysis, And Risk Scoring of Fraudulent Mobile Applications (APKs) And Malware.
Developing An AI/ML-Enabled Solution to Detect Suspicious Transactions and Mule Accounts by Analysing Financial Transactions, Fraud-Monitoring and Transaction-Monitoring Alerts, and Government Cyber-Fraud Alerts or Tickets, While Helping Prevent The Circulation Of Fraudulent Proceeds Through Mule Accounts.

The hackathon received an encouraging response, with 2,936 registrations from teams and individuals. Following scrutiny and assessment by the evaluation committee of IIT-H, 72 registrations (36 for each problem statement) were shortlisted for the prototype presentation stage. These comprised 68 teams and 4 individual participants, collectively representing 232 participants.

During the first day of the Grand Finale on 27 August, the shortlisted participants presented their prototypes before evaluation panels comprising of Senior Bank executives, IIT-H faculty members. 

Based on the assessments, 18 finalists, nine under each problem statement, advanced to the final round on 28 August. The entries were evaluated on parameters including innovation, technical soundness, explainability, scalability, user experience and prototype evaluation. Six winning entries, comprising the top three solutions under each problem statement, were selected.

Winners of CyberShield Hackathon 2026
Problem Statement 1: Harnessing Generative AI for Automated Reverse Engineering, Static and Dynamic Analysis, and Risk Scoring of Fraudulent Mobile Applications (APKs) and Malware.
First Prize: Team Vijaya -- Arismita Mukherjee, Harsh Mohta, Sarthak Maheshwari, Chandrahas Reddy from International Institute of Information Technology, Bangalore
Second Prize: Team Fi -- Rahul Jaluthria, Danish Verma, Varun Gupta, Avneet Kaur from Chandigarh University, Chandigarh
Third Prize: Team LogicFoundry -- Mrunali Deepak Patil, Prajin Sudarshan Patil, Sujal Jitendra Deshmukh from National Institute Of Technology, Goa

Problem Statement 2
Developing an AI/ML-based solution for detecting suspicious transactions and mule accounts by ingesting financial transactions, fraud-monitoring solution alerts, transaction-monitoring system alerts, and government cyber-fraud alerts/tickets. The solution should also help prevent the circulation of fraudulent proceeds through mule accounts.
First Prize: Team weAreWinners -- Harshit Gautam, Shubhi Jain, Aarushi Chawla, Amartya Singh from Indraprastha Institute of Information Technology, Delhi
Second Prize: Team Vijaya , Arismita Mukherjee, Harsh Mohta, Sarthak Maheshwari, Chandrahas Reddy from International Institute of Information Technology, Bangalore
Third Prize: Team LUNA LUPA, Sanjith K S, K M Pradhyut, Samatma Bharadwaj, Sai Kishan A from PES UNIVERSITY, Bengaluru

The competition offers a total prize pool of ₹20.00 lakhs. For each problem statement, the 1st, 2nd, and 3rd prize winners will be awarded ₹5.00 lakhs, ₹3.00 lakhs, and ₹2.00 lakhs, respectively. In addition, all participants will receive a Certificate of Participation.

The valedictory ceremony was graced by Shri Rajneesh Karnatak, Managing Director & CEO, Bank of India; Dr. Deepak Kumar, Director IDRBT, Prof. B S Murty, Director, IIT Hyderabad, Shri Venkat Rao, Registrar, IIT Hyderabad, Prof. Sobhan Babu, IIT Hyderabad; Shri P. Hari Kishan, Chief General Manager & Chief Risk Officer, Bank of India; Shri Satyendra Singh, CGM & Chief Information Officer, Bank of India; and other senior representatives from Bank of India, IIT Hyderabad, CDAC and IDRBT. Presentation from McKinsey and EY team was given on final day of Hackathon series to all dignitaries.

Shri Rajneesh Karnatak, Managing Director & CEO, Bank of India speaking on the occasion, said, “The growing sophistication of digital fraud requires banks to continuously strengthen their technological capabilities and collaborate with the wider innovation ecosystem. CyberShield Hackathon 2026 has brought together talented young minds to develop practical solutions to pressing cybersecurity challenges. The strong participation received this year reflects the enthusiasm among India’s students and innovators to contribute to building a safer and more resilient digital banking ecosystem.” 

Dr. Deepak Kumar, Director,IDRBT, said, “As India’s digital financial ecosystem expands, strengthening cybersecurity and fraud-prevention capabilities remains a shared priority. Collaboration among public sector banks, academic institutions and young innovators can accelerate the development of practical and scalable solutions to emerging risks. Initiatives such as CyberShield Hackathon provide an important platform for combining institutional experience with technological innovation to build a safer, more resilient and trusted banking ecosystem.”

Prof. B S Murty, Director, IIT Hyderabad said, “Hackathons create a valuable bridge between academic innovation and real-world industry requirements. By enabling students to work on complex challenges such as malicious applications, suspicious transactions and mule accounts, CyberShield Hackathon encourages them to develop solutions that are not only technologically innovative but also practical, scalable and relevant to the banking sector. We are pleased to collaborate with Bank of India in nurturing ideas that can contribute to a more secure digital financial ecosystem.”

The event concluded with the announcement of the winners,

Thursday, August 27, 2026

*India Extends Assistance to Flood-Hit Nepal; EAM Jaishankar Chairs Review Meeting*




*Mumba/New Delhi*– Reaffirming its unwavering commitment to its ‘Neighbourhood First’ policy, India has once again lived up to its longstanding role as Nepal’s ‘first responder’ in times of crisis. To help Nepal cope with the devastation caused by floods and landslides, the Government of India acted swiftly on 26 August, sending the first consignment of 10 tonnes of humanitarian assistance and disaster relief (HADR) material, along with life-saving medicines, to Kathmandu. The very next day, on 27 August, India dispatched a second major consignment of 37.5 tonnes of relief material aboard a special Indian Air Force aircraft, providing immediate assistance to its neighbour during this difficult period.

In view of the severity of the disaster, the Ministry of External Affairs activated its diplomatic and administrative machinery in full force. External Affairs Minister Dr. S. Jaishankar held a high-level meeting in New Delhi on August 27. Sharing details of the meeting, Jaishankar wrote on the social media platform 'X', “Held a review meeting with Foreign Secretary, Team MEA and our Ambassadors in Kathmandu & Beijing on the Nepal flood disaster. Urgent efforts are underway to ascertain the status and well-being of all Indians in the flood-affected areas.”

He further wrote, “MEA is coordinating with various Ministries, State Governments, tour operators and project authorities in this regard. We are working closely with the Nepali side, both on this aspect and on the relief efforts.”

The Indian Embassy in Kathmandu said that Indian Ambassador Naveen Srivastava handed over the assistance material sent by India to Minister for Culture, Tourism and Civil Aviation Khadga Raj Paudel. It also said that the second consignment of 37.5 tonnes of HADR material, medicines and food packets was handed over to Minister for Science, Technology and Innovation Mahabir Pun. The Embassy said that all its officials are on alert and emergency numbers have been issued to assist and ensure the safety of Indians living in Nepal.

Ministry of External Affairs spokesperson Randhir Jaiswal said that 21 Indian citizens from Tamil Nadu who had travelled to Nepal for the Kailash Mansarovar Yatra have been rescued. He also said that a special control room has been established at the Ministry of External Affairs to deal with the flood situation in Nepal.

India’s swift assistance is a vivid demonstration of its belief that the well-being and hardships of neighbouring countries are part of a shared destiny. Whether it was the devastating earthquake of 2015, the COVID-19 pandemic in 2019–20, or the current flood disaster, India has always acted without delay to fulfil its responsibility as the ‘big brother’ to its neighbours.

*IndiaFirst Life’s AI-Driven Transformation with Salesforce Agentforce*




Building on its unified Salesforce foundation, IndiaFirst Life is bringing AI agents into critical workflows to improve speed, consistency, and customer experience at scale
 
*Mumbai, August 27, 2026*: Salesforce, the #1 Agentic CRM, today announced that IndiaFirst Life Insurance Company Limited (IndiaFirst Life) – a Bank of Baroda subsidiary – has selected Agentforce to advance its enterprise-wide AI transformation. IndiaFirst Life will embed trusted AI agents into critical processes to improve sales, streamline operations and enhance customer experience. The initiative builds on its unified Salesforce platform, which supports the insurance journey from lead generation to claims settlement. This marks the next phase of IndiaFirst Life’s collaboration with Salesforce and reinforces its ambition to build a more intelligent, and customer-centric life insurance experience.
 
Founded in 2009, IndiaFirst Life serves customers across more than 90% of India's pin codes and continues to expand its distribution reach. To support these priorities, IndiaFirst Life is deploying Agentforce across three priority areas of its business: *new business underwriting, customer service, and claims processing.*
● *New Business Underwriting*: AI agents will review KYCs, financial and medical documents against underwriting guidelines, to flag discrepancies, assess risk, and recommend decisions. This will help accelerate policy issuance while improving consistency, compliance and auditability.
● *Customer Service*: AI agents will classify incoming cases, assess sentiment, and generate compliant responses, helping reduce turnaround times and enabling teams to focus on more complex customer interactions.
● *Claims*: For Micro Insurance and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) products, AI agents will verify documents, identify missing information, and route exceptions for review, helping accelerate claims handling, and improving responsiveness for customers.
 
The Agentforce deployment builds on a Salesforce-powered technology ecosystem already embedded across IndiaFirst Life's operations. Agentforce Financial Services serves as the life insurer's core engagement layer, providing sales teams, distributors, and service representatives with a unified customer view. Business Process Management capabilities standardise workflows across new business, underwriting, servicing, and claims. MuleSoft connects UNIFY, IndiaFirst Life's proprietary sales Super App, with Salesforce in real time. Combined with analytics and operational dashboards, this ecosystem enables seamless information flow, operational visibility, and data-driven decision-making.
 
*Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life Insurance*, said, “IndiaFirst Life’s digital transformation journey with Salesforce has strengthened sales processes and elevated customer experiences across the value chain. With Agentforce, we are building on this foundation by bringing AI agents into key business processes, enabling faster execution. This will allow our teams to focus on more meaningful customer interactions and areas where human judgment matters most. IndiaFirst Life is deepening its #CustomerFirst commitment by pairing technology with trust and driving innovation responsibly across the organisation.”
 
*Arundhati Bhattacharya, President and CEO, Salesforce – South Asia*, said, “IndiaFirst Life is demonstrating how organisations can build an agentic enterprise on a strong digital foundation. By extending Agentforce across an already connected Salesforce environment, the company can extend trusted AI across critical workflows while keeping people at the centre of decisions that require judgment and empathy. We are proud to deepen our collaboration with IndiaFirst Life as it reimagines insurance delivery through enterprise-grade AI."
 
This expanded collaboration will help IndiaFirst Life enhance operational agility, strengthen customer outcomes and support continued innovation as it scales AI across the insurance lifecycle.
*Salesforce, the #1 CRM, powered by AI technology and capabilities.

Bombay Gymkhana Unveils The Journey So Far, Celebrating 150 Years of Sporting Heritage



Mumbai, August, 2026: Bombay Gymkhana, one of India’s historic sporting institutions, today unveiled its commemorative coffee table book, The Journey So Far, at the Club’s Dining Hall. The 284-page publication celebrates the Club’s remarkable journey since its establishment in 1875, documenting more than 150 years of sporting achievements, traditions, personalities and milestones.
Edited, designed and printed by Spenta Multimedia Pvt. Ltd., with valuable contributions from Club members, The Journey So Far brings together a rich collection of archival photographs, historical records and contemporary images. The publication offers a visual journey through Bombay Gymkhana’s evolution across generations, showcasing its sporting disciplines, tournaments, facilities, teams, athletes, coaches, members and distinguished sporting personalities.
The book also records several defining moments in the Club’s long association with Indian sport. Among its most significant chapters is Bombay Gymkhana’s association with India’s first-ever home Test match, played against England in 1933. The historic encounter marked an important milestone in the development of Indian cricket and remains an enduring part of the Club’s sporting history.
While cricket occupies a prominent place in the Club’s story, The Journey So Far also highlights Bombay Gymkhana’s longstanding association with other sports. Rugby has been an important part of the Club’s sporting identity since 1890, with Bombay Gymkhana playing a significant role in the development and promotion of the sport in India. Over the decades, the Club’s teams and players have made a valuable contribution to the competitive rugby landscape.
Polo, too, forms an important chapter in the Club’s sporting history. The sport was among the early disciplines associated with Bombay Gymkhana, with the prestigious Bombay Gymkhana Polo Challenge Cup established in 1882. The revival of polo at the Club in recent years, after a gap of nearly a century, has renewed its connection with this historic sporting tradition.
Another significant milestone featured in the Club’s recent history is the release of a commemorative postage stamp by the Department of Posts to mark Bombay Gymkhana’s 150th anniversary. The stamp recognised the Club’s long-standing heritage and its contribution to India’s sporting and cultural landscape.
Over more than a century and a half, Bombay Gymkhana has evolved alongside Mumbai while remaining committed to its sporting traditions. From cricket, rugby and polo to tennis, badminton, squash, swimming and other disciplines, the Club has provided a platform for sporting participation, competition and excellence across generations.
Speaking on the occasion, Mr. Sanjiv Saran Mehra, President, Bombay Gymkhana, said, “The Journey So Far is a celebration of our remarkable sporting heritage and the generations who have been part of Bombay Gymkhana’s journey. Our history is closely intertwined with the sporting history of Mumbai and India, and this book is an effort to preserve these memories for future generations. It also reminds us of the responsibility we carry to ensure that this legacy continues to inspire generations to come.”

Sunil Gavaskar (Former Indian Cricket Captain; Padma Bhushan | Arjuna Awardee | ICC Hall of Fame 2009) shared, “Being a member of Bombay Gymkhana has been an absolute honour and one of my most cherished experiences. I have spent many happy hours here, playing both badminton and cricket, and I feel truly blessed to have been a member of this wonderful club. Seeing so many sporting achievers and champions associated with the Gymkhana has always been a real thrill. The legacy of legends such as Nariman Jamshedji Contractor, along with the memories of those who are no longer with us, truly reflects what Bombay Gymkhana stands for. The Journey So Far is a wonderful way to preserve and celebrate that rich legacy. Classy, always classy, that is what Bombay Gymkhana is.”
Uday Pawar (Former Indian International Badminton player; Four-Time National Doubles Champion | Asian Games Bronze Medallist | Coach & Mentor) said, “Bombay Gymkhana is the most iconic sports club in India. In Badminton former All England and World champions like Wong Pen Soon, Erland Kops and Rudy Hartono have played on our courts, in Cricket, the first ever Test match was played here, in Boxing we have hosted the World Championships and in Squash too the best players from the World have entertained the Sports lovers. A coffee book to preserve all these memories is a welcome move by our dynamic President Sanjiv Saran and his colleagues in the Comittee. Congratulations to Bombay Gymkhana.”
M M Somaya (Former India Hockey captain; 1980 Olympic Gold Medallist | Three-Time Olympian | Arjuna Awardee), said, “The iconic Bombay Gymkhana has been a Sportsman’s paradise for over a century and a half. Besides top-of-line Sports amenities, the Gym has developed a distinct sporting culture and a strong set of values. Bombay Gym has been able to strike a balance between deep rooted tradition and an equal measure of modernity. The management has consistently been top notch and has played a key role in nurturing a strong bond with members across age groups. Happy that the Gym will be formally launching a Coffee Table Book to commemorate 150 years. The Book will make an interesting read since it will showcase the many historic events that have been hosted by the Gym and also feature the impressive achievements in various sporting disciplines. Wishing the Launch function the very best.”
The publication is more than a record of the past; it is a visual and historical reflection of an institution that has continued to evolve while preserving its traditions. The Journey So Far seeks to honour the people and achievements that have shaped Bombay Gymkhana and provide future generations with a lasting record of its extraordinary sporting journey.
The unveiling of The Journey So Far marks another milestone in Bombay Gymkhana’s 150-plus-year history, celebrating its past while looking towards the future with a continued commitment to sport, sporting excellence and community.

Deepa Jewellers Limited’s Initial Public Offering to open on Tuesday, September 01, 2026, price band set at Rs 168 – Rs 177 per Equity Share



Price band of Rs 168 – Rs 177 per Equity Share bearing face value of Rs 2 each (“Equity Shares”)
Bid/Offer Opening Date – Tuesday, September 01, 2026 and Bid/Offer Closing Date – Thursday, September 03, 2026
Minimum Bid Lot is 84 Equity Shares and in multiples of 84 Equity Shares thereafter
Mumbai, August 27, 2026: Deepa Jewellers Limited (the “Company”) has fixed the price band of Rs 168/- to Rs 177/- per Equity Share of face value Rs 2 each (“Equity Shares”) for its maiden initial public offer.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Tuesday, September 01, 2026, for subscription and close on Thursday, September, 03, 2026.
Investors can bid for a minimum of 84 Equity Shares and in multiples of 84 Equity Shares thereafter. As on the date, there is outstanding of 82,000,000 Equity Shares. 
The Offer comprises a fresh issue of up to Rs 2,500.00 million and an offer-for-sale for up to 11,848,340 Equity Shares by the Promoter Selling Shareholders, comprising up to 5,924,170 Equity Shares by Ashish Agarwal and 5,924,170 Equity Shares by Seema Agarwal.
The proceeds from its fresh issuance worth Rs 2,500.00 million will be utilised for funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the Company, general corporate purposes and Offer Expenses.
The Offer is being made through the book-building process, in compliance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), wherein not more than 50% of the Offer shall be available for allocation to qualified institutional buyers (“QIBs”), not less than 15% of the Offer shall be available for allocation to non-institutional bidders (NIIs), and not less than 35% of the Offer shall be available for allocation to retail individual bidders (RIIs).
Incorporated in 2016, the Company is an organized B2B designer, processor and supplier of hallmarked gold jewellery, primarily having operations in Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. According to a CRISIL Report, the Company is one of the key processors and suppliers of vaddanam and CNC machine cut bangles, distributing to jewellery retail chains and standalone stores.
The Company is an organized business-to-business (B2B) company, engaged in designing, getting its jewellery manufactured, and supplying gold jewellery to other businesses such as retail chains and standalone stores, rather than selling directly to end customers.
It is engaged in the business of processing and supplying 22 karat gold jewellery, job-work services and trading of jewellery and related products. The Company designs, processes and sells a wide range of hallmarked plain gold and precious stone studded jewellery.
Its products primarily include vaddanam (waist belt), CNC machine cut bangles, gents kada, vanky (armlet), dandpatti (bajuband), gundlamala haaram (traditional neck piece), gundlamala necklace, kangan, earring, mangtika (forehead pendant), maatil (ear chain), champasaralu (ear-to-hair chain), jada (braid ornament), rings, bracelets and precious rings.
In addition to its core jewellery processing operations, the Company also undertakes job work assignments, wherein it receives raw material from its customers, which it processes and delivers finished ornaments to them. Furthermore, the Company is also engaged in the trading of silver ornaments, 18 and 20-karat gold ornaments, precious stones and gold bullion.
As on July 31, 2026, the Company has a product portfolio of 16 products and 110 SKUs across our product categories.
As of July 31, 2026, its customer network spans across 13 states and 1 union territory in India with a total customer base of 373 customers, comprising of 47 jewellery retail chains and 326 standalone stores. 
The Company’s team of creative designers allows it to manage a large and wide portfolio of designs. With a diverse product portfolio and team of creative designers, the Company has established a long-standing relationship with jewellery retail chains and standalone stores including, Joyalukkas India Limited, Kalyan Jewellers India Limited and Lalithaa Jewellery Mart Limited, among others.
The Company has implemented a quality control and assurance framework to maintain the consistent standards of craftsmanship and product integrity.
Further, as a part of its marketing initiatives, the Company regularly participates in B2B exhibitions to broaden its brand exposure, visibility and awareness, and to promote its brand and specific product collections. The Company also uses a third-party mobile application, “Deepa Jewellers Limited” to enhance its brand visibility, disseminate information and display product collections, which was commissioned by it on June 25, 2021.
The Company’s revenue from operations was Rs 19,266.76 million during FY26 as against Rs 10,245.68 million during FY24. Its profit after tax was Rs 1,047.88 million during FY26 as against Rs 243.47 million during FY24.
Emkay Global Financial Services Limited and Valmiki Leela Capital Private Limited are the book running lead managers to the Offer (“BRLMs”), and Bigshare Services Private Limited is the registrar to the Offer (“RTA”). 
The shares are proposed to be listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE and together with BSE, the “Stock Exchanges”).
Deepa Jewellers 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 August 25, 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 https://www.emkayglobal.com/,  and https://valmikileela.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.deepajewel.com/home.
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 20 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.
The Equity Shares offered in the Issue have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the issue are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act (“Regulation S”). 
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 299 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 301 of the RHP 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 301 of the RHP for the full text of the disclaimer clause of NSE.

Wednesday, August 26, 2026

*Mumbai, Pune and Thane Drive 71.9% of Maharashtra’s Crypto Investment Value in Q2 2026: CoinSwitch Report*



*Mumbai, 26 August, 2026—* Maharashtra’s crypto investment value in Q2 2026 was concentrated in three cities, with Mumbai, Pune and Thane together accounting for 71.9% of the state’s total, according to CoinSwitch’s Q2 2026 edition of India’s Crypto Portfolio: How India Invests.

Mumbai was the largest contributor, accounting for 39.1% of Maharashtra’s total investment value, followed by Pune at 27.5% and Thane at 5.3%. Mumbai alone contributed nearly two-fifths of the state’s investment value, while Pune accounted for more than one-quarter. Together, Mumbai and Pune contributed 66.6%, with Thane taking the combined share to 71.9%. The remaining 28.1% was distributed across other cities in Maharashtra.

Maharashtra’s 12.39% share placed it just behind Uttar Pradesh at 12.89%, while Karnataka accounted for 8.10% and Delhi for 7.38% of India’s total crypto investment value. The data highlights Maharashtra’s position among India’s largest state-level crypto investment markets, while also showing the significant contribution of its leading urban centres.

In terms of gender-wise investment value, male investors accounted for 79.55% of Maharashtra’s total, while female investors accounted for 20.45%. BTC was the top coin held by Maharashtra investors during the quarter.

*Ashish Singhal, Co-founder, CoinSwitch, said,* “Each market cycle brings in a new set of investors, but over time, we see investors become more informed and deliberate in how they participate. What we are seeing in India is a shift from crypto being viewed simply as a new asset class to investors developing a more nuanced understanding of how they want to participate in it. The next phase of adoption will be shaped by bringing more people into the market while also building greater confidence, awareness and sophistication among those already here. That evolution will be important as crypto moves from an emerging category to a more established part of India’s investment landscape.”

The report is based exclusively on activity on the CoinSwitch platform during Q2 2026 and does not include data from users on other crypto platforms.

Tuesday, August 25, 2026

Protein, Simplified: 6 Things Worth Knowing About Horlicks Protein Before You Add It to Your Day


Protein has become a bigger part of everyday nutrition conversations, but choosing a protein option doesn’t have to be complicated.
How much protein do you need? Does the source matter? What makes one protein different from another? And what exactly is fermented yeast protein?
But there is another nutrient that deserves a place in the conversation too: fibre.
Protein and fibre play different roles in the body, but both are important parts of everyday nutrition. So, before you focus only on the protein number, here are six things worth knowing.
1. Protein isn’t just for gym goers
Protein is often associated with workouts, muscle building, and fitness goals. But you don’t need gym membership to need protein.
Protein provides essential amino acids needed for muscle maintenance, repair, and everyday functioning. Fibre, meanwhile, is also an important part of everyday nutrition and supports gut health.
This applies to women too. Whether your day involves work, commuting, caregiving, or simply staying active, both protein and fibre deserve a place in everyday nutrition. Options such as Horlicks Protein can fit into these everyday moments rather than only a post workout routine.
2. Your protein needs are personal
There isn’t one “perfect” amount of protein that works for everyone. Your needs can vary depending on age, body weight, diet, activity levels, and overall health.
That’s why it can be more useful to think about your overall nutrition across the day rather than focusing on a single “protein moment”. Alongside protein, getting enough fibre through your overall diet is also worth keeping in mind.
The important thing is to find an approach that works for you.
3. The source matters
Protein can come from many different sources. Dairy and plant proteins may be the most familiar, but newer sources such as fermented yeast protein are also becoming part of the conversation.
A complete protein provides all nine essential amino acids that the body needs to obtain through food.
Horlicks Protein uses fermented yeast protein, provides all nine essential amino acids and contains prebiotic fibre, bringing protein quality and fibre together in the overall formulation.
The source is therefore worth considering alongside what else the product offers nutritionally.
4. Look beyond just the grams
When choosing a protein product, the number of grams per serving is an obvious place to start. But the quantity is only one part of the picture.
Protein quality, amino acid profile and the overall formulation matter too. One measure you may come across is PDCAAS, where 1.0 is the highest possible score.
Horlicks Protein provides 24 g of protein per serve, has a PDCAAS score of 1.0 and contains 4 g of prebiotic fibre, which supports gut health.
So, when comparing protein options, don’t look at the biggest number alone. Consider the protein source, quality, fibre and overall formulation.
5. Fermented yeast protein is worth knowing about
Whey and plant proteins may be familiar, but they aren’t the only options available.
Fermented yeast protein is a microbial protein source that can provide all nine essential amino acids when appropriately processed. It is also naturally lactose-free.
And despite the name, “fermented” doesn’t mean “predigested”. The protein still goes through the body’s normal digestive process.
In Horlicks Protein, fermented yeast protein is combined with prebiotic fibre, adding another everyday nutrition element to the formulation.
6. Choose something that fits your routine
Understanding protein and fibre is one thing. Finding a way to include them consistently in your day is another.
They can be part of breakfast, between meals, after exercise, during a busy workday or while traveling. What matters is choosing an option that works with your actual routine.
Horlicks Protein comes in convenient single serve sachets, with 24 g of fermented yeast protein and 4 g of prebiotic fibre per serve, making it easier to include both as part of an everyday routine.
The takeaway: Protein doesn’t have to be a fitness only conversation, and it doesn’t need to be looked at in isolation.
Know your needs. Consider the source and quality. Look beyond just the protein grams to fibre and the overall formulation. And choose an option that fits naturally into the way you actually live.