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Target to Create 10 Million ‘Lakhpati Didi’s’ through Mahalakshmi Saras!

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  ‘UMED Malls’ to be launched in every district for women; states Chief Minister Devendra Fadnavis Mumbai, May 2, 2026 : The ‘Mahalakshmi Saras’ exhibition, which provides an empowering platform to women from every district has now been transformed into a new and advanced format and is capable of competing with exhibitions at a global level. The exhibition does not merely feature containers for display purposes but is conceptualized around the idea of ‘Containers of India.’ Under the leadership of Rural Development Minister Jaykumar Gore, 5 million ‘Lakhpati Didis’ have already been created and a target has now been set to create 10 million in the coming years. This was stated by Chief Minister Devendra Fadnavis. He was speaking at the inauguration ceremony of the ‘Mahalakshmi Saras’ exhibition held at Bandra Kurla Complex. The ‘Mahalakshmi Saras Sale and Exhibition 2026’ was inaugurated by Chief Minister Devendra Fadnavis. The event was graced by the presence of Rural Development ...
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Motilal Oswal Financial Services Reports Strong FY26 exit with Fourth Quarter Operating Profit After Tax growth of 25%

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Q4 Annual Recurring Revenue share of 64% driven by Asset & Private Wealth Management   Mumbai, April 29, 2026:  Motilal Oswal Financial Services Ltd. ( MOFSL ) reported its  highest-ever quarterly & annual operating PAT of ₹661 Cr in Q4FY26 (grew by 25% on YoY basis) & ₹2,360 Cr in FY26 (grew 16% on YoY basis).  This is led by strong growth in  Asset & Private Wealth Management (PWM) business.   Segmental Operating Profit After Tax Highlights *After inter-company adjustments QoQ: Sequential Quarter Variance, YoY: Year Over previous year variance   Q4 & FY26 Business Highlights: ·         Asset Management (Including Alternates):  PAT grew by 63% YoY to ₹ 249 Cr in Q4, 55% YoY to ₹ 798 Cr in FY26.  Total AUM grew by 32% on YoY basis at ₹1.76 lakh Cr, driven by stellar Mutual Fund AUM growth of 31% and Private Alternates AUM growth of 104%. FY26 Net MF Flows market share higher tha...
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Federal Bank Reports Landmark Q4: Net Profit Hits ₹1,259 Cr as CASA and NR Deposits Both Cross ₹1 Lakh Crore Milestone; RoA and NIMs Reclaims Pre-Rate Cut Levels

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National:  Federal Bank reported a  robust and structurally strong performance for the quarter ended 31 March 2026 (Q4 FY26) . This was a strong operational quarter, moving firmly in line with the strategic direction of the Bank. The period was characterized by margin expansion, a surge in fee income, and asset quality reaching new historical benchmarks. Key Highlights – Q4 FY26 ·         Profitability : Net profit stood at  ₹1,259.10 crore  for the quarter, a sequential growth of  20.93%  and, supported by stronger core earnings. The net profit for the financial year stands at  ₹4,117.32 crore. ·         Liability Restructuring : The Bank successfully optimized its funding profile by focusing on retail liabilities and deliberately reducing the volume of high-value deposits to lower the overall Cost of Funds ( 5.46% ). ·         NR Franchise Milesto...
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AI, Performance and Affordability Emerge as Key Drivers of Smartphone Buying in India: Counterpoint Research X Flipkart Report

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AI is becoming a key purchase driver, with nearly 9 in 10 users influenced by AI features Performance, camera capabilities and reliability continue to shape smartphone preferences across segments Longer replacement cycles and rising EMI adoption reflect more deliberate, value-driven buying behaviour April 29, 2026 : Flipkart, India’s homegrown e-commerce marketplace, in collaboration with Counterpoint Research, unveiled the  Smartphone Insights Report 2026  at Flipkart - India’s Favourite Smartphone Awards, attended by over 400 creators, brands and industry partners. The report highlights a  fundamental shift in India’s smartphone market , where consumers are moving beyond spec-led upgrades toward more  intentional, experience-driven purchase decisions , balancing performance, AI capabilities and long-term value. As the category matures, this evolution reflects a transition from rapid adoption to  more considered, need-based buying behaviour , with consumers inc...
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India–New Zealand FTA to Boost Economic Partnership and Investment: Dr. S. Jaishankar

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28th April, Mumba/New Delhi – External Affairs Minister Subrahmanyam Jaishankar has described the India–New Zealand Free Trade Agreement (FTA) as a “historic milestone” in bilateral relations. He said it marks the beginning of a new chapter in economic cooperation, strategic trust, and future partnership between the two countries. After years of negotiations, India and New Zealand finally concluded the FTA on April 27. Under the agreement, 100% of Indian exports to New Zealand will receive tariff-free access. Meanwhile, tariffs on 95% of goods coming from New Zealand to India will either be eliminated or significantly reduced. The agreement was signed in the presence of Commerce Minister Piyush Goyal and New Zealand’s Commerce Minister Todd McClay. Following the agreement, EAM Jaishankar wrote on social media platform X, “The signing of India - New Zealand Free Trade Agreement  today  is a landmark for our ties. The FTA will forge stronger economic partnerships, boost investme...
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OnEMI Technology Solutions Limited’s Initial Public Offering to open on, 30 April, 2026, price band set at Rs 162– Rs 171 per Equity Share

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Price band of Rs 162 – Rs 171 per equity share bearing face value of Rs 1 each of OnEMI Technology Solutions Limited (“Equity Shares”) Bid/Offer Opening Date-  30, April, 2026  and Bid/Offer Closing Date –  05, May, 2026 . Minimum Bid Lot is 87 Equity Shares and in multiples of Equity Shares thereafter Mumbai, April 27, 2026 :  OnEMI Technology Solutions Limited (the “Company”) has fixed the price band of Rs 162/- to Rs 171/- per Equity Share of face value Rs 1/- each for the initial public offer of its Equity Shares of face value Rs 1/- each (“IPO” or “Offer”). The Offer of the Company will open on  30, April, 2026 , for subscription and close on  05, May 2026 . Investors can bid for a minimum of 87 Equity Shares and in multiples of 87 Equity Shares thereafter. The issued, subscribed and paid-up shared capital of the Company before the Offer comprises 118,775,420 Equity Shares of face value of Rs1 each. The IPO is a fresh issue up to Rs 8,500.00 million an...
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Skyroot’s Vikram-1, India’s First Private Orbital Rocket, Flagged Off by Telangana CM for Sriharikota

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Mumbai, 25 April 2026: Vikram-1, India’s first privately built orbital rocket by Skyroot Aerospace, was flagged off today by Shri A. Revanth Reddy, Hon’ble Chief Minister of Telangana, from the company’s Max-Q campus in Hyderabad. Shri D. Sridhar Babu, Hon’ble Minister for IT, Electronics & Communications, Industries & Commerce and Legislative Affairs of Telangana, was also present at the event. The ceremony marked the rocket’s formal departure to the launch site at Satish Dhawan Space Centre, Sriharikota. As part of the event, the Chief Minister ceremonially flagged off the rocket’s space-ready payload fairing, the structure that protects the satellites inside the rocket during flight. Addressing Skyroot employees, Hon’ble Chief Minister of Telangana, Shri A. Revanth Reddy said the ocassion marks a key milestone in Telangana's pursuit of becoming a global leader in Aerospace sector. He explained that the government is focusing on skilling youth for the aerospace sector thr...
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