Posts

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

Image
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 Mumbai, 27 th June 2026 — 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 o...

Venezuela Crisis: India Sends Message of “Vasudhaiva Kutumbakam” as a Global First Responder

Image
Mumbai/New Delhi – India has launched "Operation Amistad" to deliver relief and medical assistance to northern Venezuela following the devastating earthquake that struck the region. As part of this humanitarian mission, two Indian Air Force C-17 aircraft have departed carrying a 41-member medical team, a field hospital unit, medicines, two BHISHM Cubes, and approximately 35 tonnes of relief supplies. In the wake of two successive devastating earthquakes in Venezuela (measuring 7.2 and 7.5 on the Richter scale), India has once again emerged as a global "first responder." The Spanish word Amistad means "friendship." External Affairs Minister Dr. S. Jaishankar wrote on his X (formerly Twitter) account on June 26, "Operation Amistad underway! Two Indian Air Force C17s took-off today for Venezuela with urgent assistance to support their post-earthquake relief efforts. The assistance contains an Indian Army Field Hospital Unit and over 35 tons of relief s...

THE SKY IS AZZURRO OVER NOALE: FRANCESCO BAGNAIA JOINS APRILIA RACING FROM 2027

BAGNAIA HAS SIGNED A MULTI-YEAR CONTRACT TO LINE UP ALONGSIDE MARCO BEZZECCHI ON THE APRILIA RS-GP, FORMING AN ALL-ITALIAN TEAM IN MOTOGP Assen, 25 June 2026 – Francesco Bagnaia has signed a four-year contract with Aprilia Racing starting in 2027. The Italian rider will compete on the RS-GP alongside Marco Bezzecchi, completing the all-Italian MotoGP line-up of the Noale-based manufacturer. The signing of Bagnaia represents a highly valuable addition to Aprilia Racing, as the arrival of a three-time World Champion will further strengthen the team’s position at the top of MotoGP. The agreement also confirms the solidity of Aprilia Racing’s project ahead of the 2027 technical regulation changes, which will see the introduction of the new 850cc engines. Francesco Bagnaia’s numbers are impressive: since making his Moto3 debut in 2013, the Italian rider has shown exceptional talent and great determination — qualities that have led him to secure three World Championships, one in Moto2 in 20...

Kanohar Electricals and Torrent Gas Get Final Sebi Nod for their IPO

Mumbai, June 25 – Uttar Pradesh-based Kanohar Electricals and Gujarat based Torrent Gas have received final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for their initial public offering (IPO).   Kanohar Electricals Uttar Pradesh-based Kanohar Electricals has received SEBI final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).   The Company had filed its IPO papers with Sebi on January 23, 2026. The offer, with a face value of Rs 2, is a mix of fresh issue of shares up to Rs 300 crore and an offer-for-sale up to 14,590,000 shares by promoter – K Sons Family Trust.   The proceeds from its fresh issuance worth Rs 300 crore, Rs 130 crore will be used for funding the incremental working capital requirements of the company, and general corporate purpose.   The company will utilise Rs 66.7 crore in funding the capital expenditure requirements of t...

Advit Jewels IPO Shines with Strong Investor Demand, Issue Subscribed 212.63 Times

Non-Institutional Investors portion subscribed 536.38 times on Day 3   Mumbai, June 25, 2026 : The Initial Public Offering of Advit Jewels Limited IPO was subscribed 212.63 times on the final day of bidding. The issue received bids of 1,78,16,51,400 equity shares against the offered 83,79,300 equity shares, according to data available on the stock exchanges. Non-institutional Portion and Qualified Institutional Buyers portion were subscribed 536.38 and 174.98 times, respectively. Retail portion was subscribed 95.30 times. About the Advit Jewels Limited Advit Jewels is in the heart of India's gemstone and jewellery hub Jaipur, Rajasthan, and it is a manufacturer and seller of traditional and contemporary handcrafted fine jewellery, specializing in Kundan, Polki, diamond and studded pieces. Its brand name is Rambhajo.  The company’s expertise in craftsmanship and a keen understanding of changing customer tastes, the company blends traditional methods with contemporary designs t...

AHMEDABAD TO COLOMBO JUST GOT EASIER

Image
  HERE’S HOW CITY OF DREAMS SRI LANKA MAKES THE JOURNEY COMPLETE Ahmedabad, 24 June 2026: Sri Lanka is now one of the easiest international luxury getaways for travellers from Gujarat. Starting 19 June 2026, FitsAir, Sri Lanka’s first private international airline, will launch direct flights between Ahmedabad and Colombo, offering seamless access to the island nation in just 3 hours and 40 minutes. Launched in partnership with Cinnamon Hotels & Resorts, City of Dreams Sri Lanka, and Walkers Tours, the new route is set to redefine how travellers from Gujarat experience Sri Lanka for luxury weekends and family holidays to destination weddings, entertainment-led escapes, wellness retreats, and spontaneous international getaways. Commenting on the launch, Kamal Munasinghe, Senior Vice President - Colombo Hotels , Cinnamon Hotels & Resorts and General Manager, City of Dreams Sri Lanka, said : “Indian travellers are increasingly looking for international destinations that combin...

Flipkart Minutes Crosses 1,000 Micro Fulfilment Centers in Under Two Years

Image
Orders grow 5X from the previous year as the network expands across 130+ cities and 8,000+ pincodes Tier 2 and Tier 3 markets are driving growth with 42X scale as compared to last year, aided by new city and store expansion Gen Z emerges as the fastest-growing customer cohort as quick commerce expands beyond daily essentials into 250+ categories Bengaluru, June 24, 2026: Flipkart Minutes, the quick commerce offering from Flipkart, India's homegrown e-commerce marketplace, has scaled to 1,000 micro fulfilment centers across 130+ cities and 8,000+ pincodes, a milestone achieved in under two years since its August 2024 launch. Orders on the platform have grown 5X since the network expansion. This growth is being powered by two forces shaping the next phase of quick commerce in India: Gen Z consumers adopting quick commerce as a high-frequency shopping habit, and Bharat markets where Tier 2 and Tier 3 cities have recorded 42X scale compared to last year, as quick commerce transitions f...