Author: Deshwale Business Desk

Financial inclusion plays an important role in broad-based economic growth. Access to formal banking helps people save money, manage risks and access credit. It also gives people access to insurance, pensions and digital payment services. The Pradhan Mantri Jan Dhan Yojana (PM-JDY) has played a key role in this journey over the past 12 years. The Government launched the scheme in 2014 as India’s national mission for financial inclusion. Since then, it has helped millions of people enter the formal financial system. The growth in PM-JDY accounts shows the scale of this progress. The number of accounts increased from 14.72…

Lam Research has begun construction of a new state-of-the-art research and development laboratory in Tualatin, Oregon, marking a major step in its plans to accelerate semiconductor innovation for the artificial intelligence era. The new facility is part of the company’s planned investment of more than $3 billion in its global laboratory network over the next five years, aimed at advancing technologies required for next-generation AI chips. The groundbreaking ceremony was held at Lam Research’s existing R&D center in Tualatin, located in Oregon’s Silicon Forest. The new laboratory will cover approximately 120,000 square feet and is expected to increase cleanroom laboratory…

Hyundai Motor India Limited (HMIL) has partnered with Jio-bp to integrate their electric vehicle (EV) charging networks, aiming to make public charging more accessible, convenient and reliable for EV users across India. Through the collaboration, more than 7,000 Jio-bp pulse charging points across over 300 cities will be integrated with HMIL’s charging ecosystem, taking the total number of charging points accessible through the myHyundai app to more than 37,000. The partnership is designed to simplify the charging experience for EV owners by allowing them to discover and access Jio-bp pulse charging stations through the myHyundai app. The integration is expected…

In a significant step towards strengthening India’s indigenous semiconductor ecosystem, Chennai-based fabless semiconductor company Aheesa Digital Innovations (Aheesa) has partnered with The Zigma Technologies India (P) Limited (Zigma) to take its indigenous networking chip VIHAAN-I to the Indian market. Under the partnership, Zigma will serve as the distribution partner for the chip, combining Aheesa’s semiconductor design capabilities with Zigma’s extensive experience in technology deployment and e-governance infrastructure. The agreement was signed in Mumbai and marks an important transition for VIHAAN-I from semiconductor design and validation towards commercial deployment. Aheesa said the partnership will help take the networking chip across India…

Purple Style Labs Limited, the company behind luxury fashion platform Pernia’s Pop-Up Shop, hosted a press conference at The St. Regis Mumbai in Lower Parel on Wednesday, announcing key details of its upcoming Initial Public Offering (IPO). The company is set to open its ₹680 crore IPO for public subscription on Monday, August 31, with the issue closing on Wednesday, September 2, 2026. The company has fixed the IPO price band at ₹546 to ₹575 per equity share. The issue will consist entirely of a fresh issue of equity shares, with no Offer for Sale (OFS) component. The anchor investor…

ગુજરાત ઇન્જેક્ટ (કેરળ) લિમિટેડ (GIKL)એ ભારતમાં રિન્યુએબલ એનર્જી સ્ટોરેજ ટેક્નોલોજી (REST) ક્ષેત્રે તકો શોધવા માટે ઇંગ્લેન્ડ સ્થિત સ્ટોરએનર્જી લિમિટેડ સાથે વ્યૂહાત્મક વ્યાવસાયિક ભાગીદારી કરી છે. આ કરારના ભાગરૂપે, બંને કંપનીઓ ભારતીય બજારમાં સંભવિત REST તકોની ઓળખ, મૂલ્યાંકન અને વિકાસ માટે સાથે મળીને કામ કરશે. આ ભાગીદારીનો હેતુ GIKLને ભારતમાં ઝડપથી વિકસી રહેલા રિન્યુએબલ એનર્જી સ્ટોરેજ ક્ષેત્રમાં ભાગ લેવા અને તેની સાથે સંકળાયેલી વ્યાવસાયિક તકો શોધવા માટે સક્ષમ બનાવવાનો છે. ઉદ્યોગો અને ઊર્જા વપરાશકર્તાઓ ઊર્જાને સંગ્રહિત અને વ્યવસ્થાપિત કરવાની વધુ કાર્યક્ષમ રીતો શોધી રહ્યા હોવાથી, રિન્યુએબલ એનર્જી સ્ટોરેજ તરફ ધ્યાન સતત વધી રહ્યું છે. આ પૃષ્ઠભૂમિમાં, આ ભાગીદારી GIKLની ભારતીય બજાર…

A childhood filled with struggles did not stop P.C. Musthafa from dreaming big. From being a Class 6 dropout and helping his father, a daily wage worker, to becoming an IIM Bangalore graduate and the founder of a successful food brand, Musthafa’s journey is a story of determination and resilience. Born in a small village in Kerala’s Wayanad district, Musthafa grew up in a financially difficult situation. His family struggled to meet basic needs, and at a young age, he started working alongside his father. After failing Class 6, he left school, but a teacher’s encouragement helped him return to…

Union Minister for Commerce and Industry Shri Piyush Goyal will visit Japan from August 24 to 27, 2026. During the four-day visit, he will travel to Tokyo, Nagoya and Osaka. The minister will lead India’s largest-ever business delegation to Japan. The delegation will include more than 200 business representatives from a wide range of sectors. These sectors include manufacturing, semiconductors, clean energy, steel, automobiles, financial services, healthcare and start-ups. The visit comes as India and Japan seek to deepen trade and investment ties. The visit also reflects the importance of the Special Strategic and Global Partnership between the two countries.…

Lumino Industries Limited is set to make its debut in the capital markets with its maiden Initial Public Offering (IPO), as the company looks to strengthen its financial position and expand its manufacturing capabilities. The IPO is expected to attract investor attention, particularly given Lumino Industries’ presence in the power transmission and distribution sector. The company has fixed the price band at ₹78 to ₹82 per equity share, with each share having a face value of ₹5. The IPO will open for subscription on Thursday, August 27, 2026, and close on Monday, August 31, 2026. Investors participating in the issue…

By: Ragini Chaubey मुंबई के अंधेरी ईस्ट में स्थित कोर्टयार्ड बाय मैरियट होटल में एक्चुअरीज़ डे 2026 के मौके पर इंस्टिट्यूट ऑफ एक्चुअरीज़ ऑफ इंडिया (IAI) ने एक प्रेस कॉन्फ्रेंस बुलाई, जहां एक पूरे पेशे के भविष्य का नक्शा खींचा गया। सरल शब्दों में कहें तो, एक्चुअरी वे विशेषज्ञ होते हैं जो भविष्य के जोखिमों का अंदाज़ा लगाते हैं और पैसों से जुड़ी योजना बनाने में मदद करते हैं बीमा पॉलिसी का प्रीमियम तय करने से लेकर पेंशन फंड का हिसाब लगाने तक। यही वजह है कि बीमा और वित्तीय योजना जैसे क्षेत्रों में इनकी भूमिका काफी अहम हो जाती…