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  • AU Small Finance Bank inaugurates ‘AU Bank Capital House’ in New Delhi, strengthening its national presence

    Chandigarh, July 2: AU Small Finance Bank , India’s largest Small Finance Bank and the first institution in over a decade to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, today announced the inauguration of its new office, ‘AU Bank Capital House’, at the World Trade Centre, New Delhi.AU Small Finance Bank inaugurates ‘AU Bank Capital House’ in New Delhi, strengthening its national presence

    The office was inaugurated by Shri Arjun Ram Meghwal,  Minister of State  for Law & Justice, Government of India, in the presence of the Bank’s Chairman, Mr. H. R. Khan; Managing Director & CEO, Mr. Sanjay Agarwal; Board members; and senior leadership team.

    Located in the heart of the national capital, AU Bank Capital House will serve as a key office for the Bank’s senior leadership while offering a full suite of banking services across retail, MSME, wholesale, and digital segments, catering to customers and institutions. The presence is expected to enable closer engagement, support seamless execution of strategic initiatives, and further strengthen AU SFB’s footprint in one of India’s most important economic and administrative centres.

    Over three decades, AU has evolved from a regional vehicle finance company into a scaled, diversified banking franchise with a strong national presence, underpinned by a customer-centric approach, robust asset quality, digital-first capabilities, and a consistent growth trajectory.

    Commenting on the development, Mr. Sanjay Agarwal, MD & CEO, AU Small Finance Bank, said, 

    “The inauguration of AU Bank Capital House in New Delhi marks an important milestone in our journey as we continue to build a bank of national relevance. As India’s capital plays a pivotal role in shaping economic and financial priorities, this presence enables us to engage more meaningfully with key stakeholders while delivering our comprehensive banking offerings to a diverse customer base. With our strong fundamentals and future-ready approach, we remain committed to supporting India’s growth story.”

    As on 31 March 2026, the Bank serves over 1.2 crore customers through ~2,790 banking touchpoints across 21 states and 4 Union Territories, supported by a workforce of 59,200+ employees, with a balance sheet exceeding  INR1.9 lakh crore, deposits of INR1,52,661 crore and advances of INR1,40,327 crore.

  • Zydus Wellness appoints Dr. Shyam Ramakrishnan as Chief Scientific Officer

    Zydus Wellness appoints Dr. Shyam Ramakrishnan as Chief Scientific Officer

    July 02: Zydus Wellness Limited today announced the appointment of Dr. Shyam Ramakrishnan as Chief Scientific Officer (CSO), effective July 1, 2026. The appointment, approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, reinforces the company’s commitment to advancing science-led innovation and strengthening its research and development capabilities.

    With this appointment, Zydus Wellness aims to further strengthen its scientific leadership and innovation pipeline, and accelerate the development of differentiated, science-backed products across its wellness portfolio.

    As Chief Scientific Officer, Dr. Ramakrishnan will lead the company’s scientific strategy, driving innovation across nutrition, health and wellness while strengthening research capabilities to develop consumer-centric, science-backed products.

    Dr. Ramakrishnan brings more than 25 years of global experience across nutrition, dietary supplements, beauty, personal care and functional foods. He has held leadership roles across the United States, India, Southeast Asia. and Brazil, with deep expertise in translational science, clinical research, bioinformatics and innovation platform development.

    Prior to joining Zydus Wellness, he held leadership positions at Hill’s Pet Nutrition, The Himalaya Drug Company, ITC Ltd. and Amway, where he led multidisciplinary teams and drove innovation across the consumer health and wellness portfolio.

    Dr. Ramakrishnan holds a PhD in Biological Chemistry & Genetics from the University of Texas and has completed postdoctoral fellowships at Harvard Medical School and Hoffmann-La Roche.

  • Odisha Cabinet Clears ‘Gyanodaya’ Scheme, Completes Vision of Free Education from KG to PG

    Bhubaneswar, July 2 (UDN): Fulfilling a key promise to make education affordable for every child, the Odisha Cabinet on Wednesday approved ‘Gyanodaya – Shiksharu Samruddhi’, a flagship scheme that extends free education from Kindergarten (KG) to Postgraduate (PG) level by waiving admission fees for eligible students from the 2026–27 academic session.

    Odisha Cabinet Clears 'Gyanodaya' Scheme, Completes Vision of Free Education from KG to PG

    The decision was taken at the 42nd Cabinet meeting chaired by Chief Minister Mohan Charan Majhi, marking a major expansion of the state’s education support framework.

    Odisha Cabinet Clears 'Gyanodaya' Scheme, Completes Vision of Free Education from KG to PG

    While education from KG to Class VIII has already been free in Odisha, the new scheme extends financial assistance to students studying in Classes IX to XII in government and government-aided schools, as well as those pursuing undergraduate and postgraduate courses in regular mode at State Public Universities, government colleges and government-aided colleges. With this, the state completes its vision of providing free education across the entire academic journey—from KG to PG.

    The Cabinet approved an outlay of ₹895.57 crore for the first year of implementation and ₹5,467.55 crore over the next five years. The programme is expected to benefit more than 32 lakh students annually, making it one of the largest education support initiatives undertaken by the state.

    The scheme aims to remove financial barriers that often prevent students, particularly those from economically weaker and disadvantaged backgrounds, from continuing their education. By eliminating admission fees, the government expects to improve enrolment, enhance retention, reduce dropout rates and encourage more students to pursue higher education.

    However, the benefits will be limited to students enrolled in regular courses at government and government-aided institutions. Self-financing courses, unaided institutions, public-private partnership (PPP) institutions and professional or technical programmes have been excluded from the scheme.

    With the launch of ‘Gyanodaya – Shiksharu Samruddhi’, the Odisha government has made one of its most significant investments in the education sector, reinforcing its commitment to expanding access to quality education and ensuring that financial hardship does not stand in the way of academic aspirations.

  • Odisha Cabinet Clears 12 Key Proposals Across Eight Departments, Signals Push for Education, Infrastructure and Digital Growth

    Bhubaneswar, July 2 (UDN): The Odisha Cabinet on Wednesday approved 12 major proposals spanning eight key departments, underscoring the state government’s focus on strengthening education, infrastructure, water resource management, digital governance, food security and disaster resilience.

    Odisha Cabinet Clears 12 Key Proposals Across Eight Departments, Signals Push for Education, Infrastructure and Digital Growth

    The decisions were taken at the 42nd meeting of the State Cabinet, chaired by Chief Minister Mohan Charan Majhi at Lok Seva Bhavan. The proposals are expected to accelerate development initiatives, improve public service delivery and support sustainable growth across sectors.

    Following the meeting, the Chief Minister briefed the media on the Cabinet’s approval of the flagship proposal from the School and Mass Education Department, while Chief Secretary Anu Garg outlined the remaining decisions approved by the Cabinet.

    The Cabinet considered and approved proposals from eight departments:

    • Higher Education Department – 1 proposal
    • Fisheries and Animal Resources Development Department – 2 proposals
    • Electronics and Information Technology Department – 1 proposal
    • Food Supplies and Consumer Welfare Department – 1 proposal
    • Works Department – 2 proposals
    • Water Resources Department – 3 proposals
    • School and Mass Education Department – 1 proposal
    • Revenue and Disaster Management Department – 1 proposal

    The approved measures cover a wide range of development priorities, including strengthening the education system, expanding fisheries and livestock infrastructure, enhancing digital services, improving food distribution, upgrading public infrastructure, modernising water resource management and reinforcing disaster preparedness.

    Particular emphasis was placed on the proposal from the School and Mass Education Department, which is expected to significantly enhance access to quality education and benefit students across the state.

    The Cabinet’s decisions reflect the government’s continued emphasis on coordinated, sector-specific reforms aimed at improving governance and delivering tangible benefits to citizens. With approvals spanning critical social and economic sectors, the 42nd Cabinet meeting marks another step in Odisha’s ongoing efforts to build resilient infrastructure, modernise public services and promote inclusive development.

  • 10ZiG Announces General Availability of 10ZiG Manager v6 and Linux Virtual Appliance

    New Linux-based management platform delivers enhanced scalability, security, and simplified deployment at no additional cost 

    PHOENIX – July 1, 2026 – 10ZiG® Technology, a leading provider of thin and zero client hardware and software solutions for VDI, DaaS, SaaS, and web application environments, today announced the general availability of 10ZiG Manager™ v6 and the new Linux Virtual Appliance. The release represents the most significant advancement in 10ZiG endpoint management to date, delivering a modernized Linux-based platform designed to improve security, scalability, and operational efficiency while remaining completely free for 10ZiG customers.

    Built on a purpose-designed Linux foundation, 10ZiG Manager v6 eliminates the complexity and licensing costs often associated with Windows Server-based management infrastructures. The platform enables organizations to manage large-scale endpoint environments more efficiently while simplifying deployment and ongoing administration.

    The introduction of the Linux Virtual Appliance further streamlines implementation by providing a pre-configured management environment that can be deployed in minutes. Designed to reduce infrastructure overhead and maintenance requirements, the appliance offers a smaller attack surface and lower total cost of ownership compared to traditional management server deployments.

    “10ZiG Manager v6 and the Linux Virtual Appliance represent the future of endpoint management for our customers,” said Kevin Greenway, CTO at 10ZiG Technology. “We’ve combined the security and simplicity of a purpose-built Linux appliance with extensive scalability improvements delivered across the Manager platform over the last year. The result is a management solution capable of supporting organizations of virtually any size while remaining completely free for our customers.”

    The release builds upon a multi-year modernization initiative focused on delivering enterprise-grade endpoint management for organizations supporting virtual desktops, cloud workspaces, SaaS applications, and secure browser environments.

    Key enhancements in 10ZiG Manager v6 include:

    • Linux Virtual Appliance deployment: Rapid implementation through a purpose-built Linux appliance that simplifies management and reduces infrastructure overhead.
    • Complete UI overhaul: The Web Console leverages a completely overhauled website based UI framework, improving performance and response times throughout.
    • Modern identity and access controls: Enhanced multi-tenancy, Role-Based Access Control (RBAC), and Microsoft Entra integration for stronger security and administrative governance.
    • Cloud-enabled management and support: Secure Connector cloud management, Secure Endpoint shadowing, and remote assistance capabilities that simplify support for distributed environments.
    • Automation and policy-driven administration: Improved endpoint onboarding, automation, policy management, and streamlined workflows that reduce operational effort.
    • Enterprise reporting and visibility: Comprehensive reporting, auditing, and management insights that improve control and compliance across endpoint environments.
    • Massive scalability and performance improvements: Architectural enhancements that reduce resource consumption, improve responsiveness, and support large-scale, multi-site deployments with greater reliability.

    The platform also introduces significant architectural enhancements designed to support large-scale deployments with improved performance and reliability, including reduced CPU and memory utilization, intelligent endpoint check-in queuing, database optimizations, enhanced web console responsiveness, and improved performance across multi-site environments. Together, these advancements allow organizations to manage thousands of endpoints more efficiently while reducing infrastructure requirements and improving platform stability.

    Unlike many competing endpoint management platforms that require per-device licensing, premium feature subscriptions, or additional cloud management fees, 10ZiG Manager v6 continues 10ZiG’s longstanding commitment to providing enterprise-grade management at no additional cost.

  • Cabinet Approves INR 7,145 Crore Kanpur–Kabrai Highway Project

    New Delhi, July 1: The Union Cabinet has approved a ₹7,145 crore highway project to construct a new road corridor between Kanpur and Kabrai in Uttar Pradesh.

    The proposed highway is aimed at improving regional connectivity, reducing travel time, and easing traffic congestion on existing routes. It is expected to provide a faster and safer travel option for both passengers and freight movement.

    Officials said the project will strengthen links between key towns and nearby industrial and economic centres, supporting smoother logistics and better access to markets.

    The highway is also expected to boost regional development by improving road infrastructure and facilitating economic activity across connected districts.

    The initiative reflects the government’s continued focus on expanding modern road infrastructure to improve mobility and support economic growth.

  • Maritime Hub Abu Dhabi Underlines Emirate’s Global Competitiveness with Guidebook for Growing International Maritime Enterprises

    Maritime Hub Abu Dhabi Underlines Emirate’s Global Competitiveness with Guidebook for Growing International Maritime Enterprises

    Abu Dhabi, UAE – 01 July 2026: Maritime Hub Abu Dhabi – a platform for collaboration across the emirate’s growing maritime sector, operated by Abu Dhabi Maritime and led by the Integrated Transport Centre (Abu Dhabi Mobility), an affiliate of the emirate’s Department of Municipalities and Transport – has launched a new guidebook to help international maritime businesses and entrepreneurs settle  and grow in the emirate.

    The guidebook, titled “Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to Global Opportunity,” outlines the core drivers of Abu Dhabi’s maritime competitiveness and growth opportunities for a global audience.

    Backed by facts, figures, and testimonials, as well as insights from DNV, the publication emphasises Abu Dhabi’s strategic position as a global trade hub, enabled by world-class infrastructure and integrated multimodal connectivity across Europe, Asia, Africa, and North America. Each carefully curated section presents a clear and compelling business case for international enterprises and prospective maritime partners.

    It also highlights how global companies can benefit from Abu Dhabi’s next phase of economic growth as the emirate emerges as one of the world’s fastest-rising maritime hubs, climbing 10 places since 2022 to rank 22nd in the “Leading Maritime Cities (LMC)” global benchmarking report.

    The guidebook includes overviews of Abu Dhabi’s expansive maritime ecosystem, business environment, established network of industry stakeholders and institutions, and comfortable and welcoming lifestyle. Finally, it offers resources and contacts for interested parties to begin their journey in the emirate.

    Overall, the guidebook underlines Abu Dhabi’s long-term stability as a future-ready and resilient destination for trade, investment, and innovation. Its launch also aligns with the UAE national vision for diversified, sustainable economic development.

    Led by the Integrated Transport Centre and operated by Abu Dhabi Maritime, part of AD Ports Group, Maritime Hub Abu Dhabi unites government and private stakeholders in the emirate’s maritime sector with a goal to spark connection, create domestic and international opportunities, and collaborate on initiatives to elevate the emirate’s status as a global maritime centre. 

    Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre, said: “The launch of Abu Dhabi’s maritime sector guidebook directly supports the UAE’s economic vision by positioning the local sector as an attractive and competitive opportunity for global business leaders. It also reaffirms the Integrated Transport Centre’s commitment to inclusive, informed mobility that supports economic growth. Maritime Hub continues to elevate the emirate’s status as a leading maritime centre that is resilient, sustainable, and future-ready.” 

    Captain Saif Al Mheiri, CEO of Abu Dhabi Maritime and Group Chief Sustainability and Risk Officer at AD Ports Group, said: “This guidebook is a gateway to opportunity for international entrepreneurs seeking to tap into the economic power of one of the world’s most uniquely positioned global trade and logistics hubs. Developed in collaboration with our partners from the public and private sectors, the guidebook provides data-supported insights into Abu Dhabi’s business ecosystem, as well as access to an established community of maritime leaders, experts, and researchers through Maritime Hub Abu Dhabi.”

     

  • Tata Motors Delivers Strong Sales with 1,08,488 Units in Q1 FY27; Sustains Robust 27percentage YoY Growth

    Mumbai, July 1: Q1 FY27 sales in the domestic & international markets stood at 1,08,488 units, compared to 85,606 units during Q1 FY26. June 2026 sales in the domestic & international markets stood at 40,805 units, compared to 30,238 units during June 2025.

    Category

    June ’26

    June ’25

    % Change

    Q1 FY27

    Q1 FY26

    % Change

    HCV Trucks

    9,645

    7,359

    31%

    26,491

    21,735

    22%

    ILMCV Trucks

    6,186

    4,863

    27%

    16,971

    14,497

    17%

    Passenger Carriers

    7,040

    5,658

    24%

    18,540

    15,089

    23%

    SCV cargo and pickup

    13,728

    10,056

    37%

    38,346

    28,251

    36%

    Total CV Domestic

    36,599

    27,936

    31%

    1,00,348

    79,572

    26%

    International Business

    4,206

    2,302

    83%

    8,140

    6,034

    35%

    Total CV

    40,805

    30,238

    35%

    1,08,488

    85,606

    27%

     

    • Domestic sales of MH&ICV in June 2026, was 16,327 units vs 12,871 units in June 2025 (27% YoY); In Q1 FY27 it was 44,571 units, compared to 37,370 units in Q1 FY26 (19% YoY).

    • Domestic & International sales for MH&ICV in June 2026, was 18,063 units vs 14,027 units in June 2025 (29% YoY); while in Q1 FY27 it stood at 48,062 units, vs 40,401 units in Q1 FY26 (19% YoY).

    • EV volumes saw 4.4X YoY growth in Q1 FY27

    Mr. Girish Wagh, MD & CEO, Tata Motors Ltd., said, 

    “We commenced FY27 on a positive note, delivering consistent double-digit growth in each month of Q1, on a year-on-year basis. Despite heightened geopolitical uncertainties, sales for the quarter stood at 1,08,488 units, up 27% year-on-year, reflecting healthy industry fundamentals and sustained demand across segments.

    HCV growth continues to be led by increased freight availability, infrastructure and mining activity, while ILMCV demand is supported by e-commerce, FMCG, courier and parcel. SCVPU is seeing improving momentum in last-mile mobility, with electric SCVs and pick-ups achieving highest ever salience of ~10% for the months of May and June. Demand in the commercial passenger segment remains strong, driven by school transport and Government orders.

    Our focus on future-ready solutions is translating into traction in the market. Customer interest in electric heavy trucks is strengthening, with our ecosystem-led approach supporting a growing order pipeline. For our international business, we have commenced shipments for the Indonesia order, and are gradually resuming supplies to the Middle East, following a two-month pause.

    Looking ahead, while commodity pressures will persist, we expect the momentum to continue, driven by gradual improvement in customer sentiment which had seen softening during the quarter. The growth is expected to be driven by auto and port logistics, e-commerce and core sectors, with the monsoon remaining a key monitorable. With strong market acceptance of our refreshed portfolio and a continued focus on deepening customer engagement, we are well positioned to build on this positive trajectory and drive sustained growth in the coming quarters.”

  • GAGAN to Strengthen India’s Satellite Navigation Ecosystem: Government

    New Delhi, July 1: The government has said that the GAGAN (GPS Aided GEO Augmented Navigation) system will play a key role in strengthening India’s satellite-based navigation ecosystem and enhancing precision navigation services across sectors.

    Officials said GAGAN, developed jointly by the Airports Authority of India and ISRO, is designed to improve the accuracy, reliability, and integrity of satellite navigation signals, particularly for aviation applications.

    The system is expected to support safer and more efficient air traffic management by providing highly accurate position information, especially during landing and navigation in challenging conditions.

    Authorities noted that GAGAN is also expected to have wider applications beyond aviation, including transportation, surveying, agriculture, and disaster management, contributing to the expansion of India’s space-based infrastructure services.

    The initiative reflects India’s continued focus on strengthening indigenous navigation capabilities and reducing dependence on foreign satellite-based systems while improving overall technological self-reliance.

  • Hostinger launches ecommerce platform that turns a product photo into a checkout link in minutes — no website required

    Hostinger Launches Frictionless Ecommerce Platform For Fast Market Traction
     
    VILNIUS, Lithuania – AI-driven visits to retail sites grew 4,700% last year, and 76% of Gen Z already discover products on social media. As ecommerce spreads across new platforms and channels, small sellers need a store that can move as fast as their customers do. Hostinger Ecommerce, launching today, is built for exactly that. 
     
    It starts with the business itself: products, inventory, orders, payments, shipping, and customer data. From there, sellers can connect their store to websites, social networks, messaging apps, and, soon, AI agents – all from a single dashboard. No rebuilding when a new channel emerges. 
     
    The easiest way to understand it: Hostinger Ecommerce is the kitchen behind the business. It handles the work behind every sale, from products and inventory to orders, payments, and shipping. Websites, TikTok shops, and other customer-facing channels are different dining rooms where customers can discover products and place orders, all served by the same kitchen. Adding a new channel doesn’t mean rebuilding – it means opening another door. 
     
    From product photo to sale in minutes
     
    Sellers start by defining their business, then connect to any combination of sales channels from a single dashboard. A standout feature at launch is Quick Links: sellers upload product photos, and Hostinger’s AI creates product pages with full descriptions, key details, and even a suggested price. From there, they can easily connect a payment method and share the product link anywhere their customers already are. Each link works out of the box with the essentials included: cart, checkout, payments, shipping, and store management. No website needed. 
     
    As AI agents enter the buying journey, with companies like OpenAI, Google, Visa, and Mastercard already building ways for agents to recommend, compare, and buy products, Hostinger Ecommerce is preparing sellers for that future. Agentic commerce capabilities are in active development, and the platform’s architecture is designed to structure merchant data for future AI-powered shopping tools.
     
    “Commerce is moving from simple stores to ecosystems, where people discover products across channels and AI agents increasingly help them choose, compare, and buy,” said Auksė Žirgulė, Head of Hostinger Website Builder and Ecommerce. “For small sellers, the opportunity is huge, but only if their business can move as fast as their customers do. They should not have to guess which channel will matter next. They should be able to focus on growing their business, while providers like Hostinger Ecommerce build the future-ready infrastructure around them.”
     
    Guided by Kodee, built for beginners
     
    At the center of the experience is Kodee, Hostinger’s AI support agent. It guides users through setup by asking practical questions: what and where they sell, what their business details are, and which sales channels they want to connect – a website, a social shop, a Quick link, or all of them. Based on the answers, Kodee prepares store settings and nudges users toward the next steps.
     
    Once the store is live, Kodee shifts from guide to operator. It manages products, runs flash sales, fixes SEO, and handles day-to-day operations through conversation rather than menus and settings.
     
    Availability
     
    At launch, Hostinger Ecommerce is included for free for existing customers on Business or higher-tier plans. For new users, pricing starts at $2.99/month. The product also connects with the wider Hostinger ecosystem, including domains, Business Email, website and web app building, as well as growth tools such as email marketing. 24/7 multilingual support and a 30-day money-back guarantee are also included.