Category: Business

  • Adani Green Surpasses 20 GW Operational Capacity

    Ahmedabad, July 1: Adani Green Energy has become the first renewable energy company in India to cross 20 GW of operational capacity, marking a major milestone in the country’s clean energy sector.

    The achievement strengthens the company’s position as a leading player in India’s renewable energy transition, spanning large-scale solar and wind energy projects across multiple states.

    The company’s expanded operational base reflects steady capacity additions over recent years, driven by rising demand for clean power and strong project execution in utility-scale renewable infrastructure.

    Industry observers noted that crossing the 20 GW mark highlights the rapid scaling of India’s renewable energy ecosystem, as developers continue to invest in solar parks, wind farms, and hybrid energy projects.

    With this milestone, Adani Green Energy further consolidates its role in supporting India’s long-term decarbonisation and energy transition goals.

  • India’s UPI Boom Accelerates as Digital Payments Reach New Users and Markets

    By Dilip ModiFounder & CEOSpice Money
     
    “The June UPI numbers are significant not just because transactions crossed 22.7 billion, but because they reflect the remarkable pace at which India’s digital payments ecosystem has expanded over the past year. In just twelve months, UPI volumes have grown by over 4.3 billion transactions and nearly ₹5 lakh crore in value, underscoring the increasing trust and dependence on digital payments across the country. Importantly, this momentum is being driven by deeper adoption in smaller towns and rural India, where digital payments are becoming a key enabler of financial inclusion and economic participation. The next phase of UPI‘s growth will come from bringing millions more underserved consumers and merchants into the digital economy.”
  • Sales JSW MG Motor India Registers Highest-ever Wholesale

    Gurugram, July 1: JSW MG Motor India recorded its highest-ever wholesale performance in June 20026. With a 30 percentage year-on-year growth in June 2026 compared to the same month in 2025, the car maker reported wholesale sales of 7,568 units during the month.Sales JSW MG Motor India Registers Highest-ever Wholesale

    The robust performance reflects the strong acceptance of JSW MG Motor India’s diverse product portfolio, comprising both Internal Combustion Engine and New Energy Vehicle  models.

    Electric vehicles continued to drive growth for JSW MG Motor India, contributing over 75% of the company’s total sales in June 2026. Rising fuel prices, lower EV running costs, and geopolitical uncertainties in West Asia further accelerated customer preference for electric mobility.

    “Our June performance reflects steady demand across the portfolio and marks our highest-ever wholesale performance, with electric vehicles continuing to account for a significant share of our overall sales. At the same time, we are seeing encouraging customer response to our ICE offerings, reinforcing the strength of our diverse product portfolio. We sincerely thank our customers for their continued trust in our brand. As we move forward, we remain committed to introducing advanced, new-age mobility solutions that meet the evolving aspirations of Indian car buyers,” said Anurag Mehrotra, Managing Director, JSW MG Motor India.

    The company has also commenced deliveries of its recently launched flagship SUV, the MG MAJESTOR — India’s first D+ segment SUV.

  • Sony India Expands its Premium Alpha Line-up with the New Alpha 7R VI

    Sony India Expands its Premium Alpha Line-up with the New Alpha 7R VI

    New Delhi, July 01: Sony India today announced the launch of the Alpha 7R VI, the latest addition to its acclaimed Alpha 7R series. Combining an approximately 66.8 effective megapixel back-illuminated fully stacked Exmor RS™ CMOS sensor with Sony‘s latest BIONZ XR2™ image processing engine, the Alpha 7R VI delivers exceptional resolution, AI-powered subject recognition, and high-speed performance for professional photographers and filmmakers. 

    Sony also introduces the XLR-A4 XLR adaptor to expand on-camera audio capabilities for professional productions, including 32-bit float recording[ii]. 

    “The Alpha 7R VI represents the next chapter in Sony‘s commitment to imaging innovation, bringing together exceptional resolution, AI-powered intelligence, and professional-grade performance in our most advanced Alpha R series camera yet. Designed for creators who demand uncompromising image quality and speed, it empowers photographers and filmmakers to capture every moment with extraordinary precision and creative freedom.” said Mukesh Srivastava, Head-Imaging & Professional Solution Business, Sony India

     Alpha 7R VI Key Features 

    Expanded High-Resolution Shooting

    • 66.8 MP (approximate, effective) full-frame fully stacked Exmor RS sensor with up to 16 stops[iii] of dynamic range and reduced noise in the mid-sensitivity range
    • Precise 5-axis optical image stabilization delivering up to 8.5 stops at the centre and 7.0 stops at the periphery[iv]
    • Auto White Balance powered by visible light and infrared (IR) sensor and deep-learning illumination estimation, for stable natural colour in shaded or indoor scenes

     Intelligence in Every Frame with High-Speed, High-Precision Continuous Shooting

    • BIONZ XR2 engine with integrated AI processing unit and approximately 5.6x faster sensor readout than the previous model[v], enabling blackout-free continuous shooting at up to approximately 30 fps[vi] delivering up to 60 AF/AE calculations per second with AF/AE tracking
    • Real-time Recognition AF+ (Plus) with skeletal-based human pose estimation and tracking, for reliable focus on fast-moving subjects including athletes and dynamic scenes

     Built for Professional Demands

    • New NP-SA100 high-capacity battery (2670 mAh) supports up to 710 still images via LCD monitor or 600 via viewfinder (CIPA standard), reducing battery changes during extended shoots[vii]
    • Approximately 9.44M dot OLED viewfinder with a DCI-P3 equivalent colour gamut and 10-bit HDR—maximum brightness is approximately three times higher than conventional models5 for clear visibility in bright environments
    • Effective heat management allows uninterrupted 8K movie recording up to 120 min[viii]
    • Dual USB Type-C🄬 ports for simultaneous charging and data transfer; illuminated rear buttons for low-light operation
    • Magnesium alloy for a lightweight and durable body; 4-axis multi-angle LCD monitor for flexible shooting angles; mode-dial “Memory Recall” links shooting setups to customizable buttons[ix]
    • Supports Sony’s Camera Authenticity Solution, including the C2PA standard, enabling verification that still images and videos were captured with a camera (not AI-generated)

     Professional Video

    • 8K 30p recording with 8.2K oversampling[x] and full frame 4K 60p and 120p recording without crop[xi]
    • Dual Gain Shooting, a first in the Alpha series[xii], optimizes sensor performance to reduce noise losing shadow detail for smooth gradation and wide latitude
    • Redesigned in-camera stabilization expands the roll-direction compensation range by 2x5; Dynamic active Mode[xiii] delivers smooth and steady handheld
    • 32-bit float audio internal recording in camera when paired with the XLR-A4 XLR adaptor, eliminating the need for fine adjustment on location[xiv] 

     Key Features of the XLR-A4 XLR Adaptor

    • Supports in-camera digital audio recording with up to 4-channel; XLR microphones, such as the ECM-778 (up to 2ch), and connects 3.5 mm stereo mini jack microphones (2ch stereo) via the Multi Interface (MI) Shoe
    • Dual AD converters digitize microphone signals across a wide dynamic range, capturing quiet ambience through loud action with clarity2
    • Records digital audio at up to 96kHz 32-bit float 4ch on compatible cameras2, fully leveraging high-end XLR microphone quality. The 32-bit float format eliminates the need for fine gain adjustment on location, significantly reducing the risk of audio distortion14
    • Lower profile height design and a reinforced chassis structure compared to the XLR-K3M, supporting stable shooting across on-location scenarios
    • Supplied shoe audio extension cable allows placement up to approximately 60 cm from the camera; side routing minimizes interference with rigs and accessories
    • USB Audio Class 2.0 compatible; functions as a 96 kHz 24-bit 2ch audio interface when connected to a PC for on-site audio monitoring and editing

    Complementing the Alpha 7R VI is a lineup of optional accessories designed to enhance power management, ergonomics, and workflow efficiency for professional creators (sold separately): 

    • Rechargeable Battery Pack NP-SA100- High-capacity battery with Info LITHIUM functionality, delivering approximately 1.3x the power capacity of the NP-FZ100 Z-series battery. Integrates with camera power management to optimize endurance and thermal behaviour. Includes an in-camera battery deterioration indicator.
    • Vertical Grip VG-C6- Ergonomic grip for comfortable vertical or horizontal shooting, housing up to two high-capacity SA-series batteries. Dust and moisture resistant construction, equivalent to the camera body.
    • Battery Charger BC-SAD1- Dedicated charger for the SA-type battery NP-SA100. With a USB Power Delivery source of 45 W or higher[xv], charges two batteries to 100% simultaneously in approximately 115 minutes or one battery to 80% in approximately 55 minutes and full charge in approximately 55 minutes. Displays battery pack deterioration status during charging.
    • DC Coupler DC-C2- Provides stable continuous power via an external USB Power Delivery source of 100 W or higher a USB-C® to USB-C cable15.

     Availability

    The Alpha 7R VI will be available from 03rd July 2026 across Sony CenterShopatSC.com, and Amazon. Customers will also receive one complimentary NP-SA100 battery

  • Khyber Group launches India’s largest RAS-based Himalayan trout farming facility

    Khyber Group launches India’s largest RAS-based Himalayan trout farming facility

    Srinagar, India, July 01: Jammu & Kashmir’s leading business conglomerate, the Khyber Group, has launched Khyber Aquaculture. India’s largest, fully integrated, sustainable Recirculating Aquaculture System (RASbased Himalayan trout farming facility in Kashmir, aimed at transforming the region’s trout industry into an integrated, export-oriented ecosystem by linking advanced aquaculture technology with local farming communities.

    Located on the banks of the River Sindh in Akhal, Kangan, in the Ganderbal district of Kashmir. Khyber Aquaculture is spread over 8 acres and has been built with an investment of over ₹100 crore. It is technology-driven trout farming model designed to reuse & recycle water, allowing year-round trout production in a climate-controlled environment. Khyber Aquaculture, currently with a 1500 metric ton capacity, will reach an annual production capacity of 7000 metric tons within 3 to 5 years. The hatchery of the unit is capable of producing up to 20 million fingerlings annually.   

    Mr Umar Tramboo, CMD, Khyber Aquaculture, “Our technologically superior facility is an expansion of cold-water aquaculture in Jammu and Kashmir. Our cluster model is designed to integrate production, hatcheries, processing and supply chains while supporting more than 300 local farmers under the Holistic Agriculture Development Programme (HADP), through modern aquaculture systems and market access”

    With in-house production, processing and packaging units, the initiative is expected to support more than 3,000 indirect livelihood opportunities across the region.

    Khyber Aquaculture combines modern aquaculture technology with local environmental conditions and clean production methods that contribute to climate-resilient fish farming in Jammu & Kashmir.

    “It has taken us over 5 years to be completely ready. But the wait was worth it. With this launch, we plan to revolutionise India’s aquaculture sector, introducing new standards for fish health and operational control. We want to be known as a platform for scaling trout farming with data-driven systems and localised adaptation,” further continued Mr Tramboo.

    Khyber Aquaculture uses American and Danish – bred eyed ova (eggs) along with Danish, French and German precision-controlled systems designed to increase survival rates by 25–30%, lower feed conversion ratios (FCR), and reduce pathogen exposure. It has been designed specifically for international quality and export standards. The fully vertically integrated operation utilizes hyper-hygienic cleaning lines and Modified Atmosphere Packaging (MAP) to achieve a 10-day chilled shelf-life and a 6-month frozen shelf-life making both Fresh/Chilled & Frozen stocks readily available from FY Q3 2025.

    The unit’s precision chilling systems maintain an exact 10-14°C water temperature.

    Continuous injection maintains high dissolved oxygen levels (8-12 mg/L) required by trout.

    The company has adopted a comprehensive sustainability framework encompassing water recirculation, biosecurity management, responsible feed practices, waste management, and environmental monitoring. Through RAS technology, the facility significantly reduces freshwater requirements while ensuring optimal fish health and production efficiency.

    As global demand for premium, traceable, and sustainably farmed seafood continues to rise, Khyber Aquaculture plans to develop strong domestic and export market linkages, leveraging the unique geographical and environmental advantages of the Kashmir Valley.

    The Khyber Aquaculture processing facility blends Himalayan Glacial water with Danish, French, and Swedish technology, featuring IoT-enabled, zero-waste farming and advanced cold-chain infrastructure.

    The India trout market size reached 4,698.7 Tons in 2025.  IMARC Group expects the market to reach 7,964.7 Tons by 2034, exhibiting a growth rate (CAGR) of 5.86% during 2026-2034. The increasing consumer awareness of its high protein content, omega-3 fatty acids, rising consumption among individuals, and government initiatives promoting aquaculture activities to enhance the local economy represent some of the key factors driving the Indian trout market share.

  • Peer-Reviewed Study Identifies Guardian FLEX SoftShox Chinstrap as Best-Performing for Facemask Impact Protection

     

    Sports protective leader Guardian Sports & Stanford founded SoftShox achieves up to a 35% reduction in Head Acceleration Response Metric

    ATLANTA (July 01) – Guardian Sports, the company leading sports safety at all levels of play, announces its inclusion in a new peer-reviewed study published in the Annals of Biomedical Engineering, highlighting statistically significant effects of the Guardian FLEX SoftShox Chinstrap, including up to a 35% reduction in HARM (Head Acceleration Response Metric) during laboratory testing. 

    In 2024, the NFL found that 44% of in-game concussions were caused by facemask-to-facemask blows, and 50% of all impacts are facemask-to-facemask. The facemask zone is the most underdeveloped impact location on the modern football helmet. The new Guardian FLEX SoftShox Chinstrap aims to address that gap.

    The new publication evaluated fourteen different chinstraps as part of official laboratory impact testing, with head kinematics recorded to calculate HARM rates. The results demonstrated statistically significant impact reductions among bottom straps compared to top straps, as well as thicker chin cup liners compared to thinner models.

    The study found that the Guardian FLEX SoftShox Chinstrap achieved a 35% reduction in HARM at 3.0 m/s and a 31% reduction in HARM at 7.3 m/s, providing peer-reviewed evidence of its impact-mitigating performance.

    Guardian Sports COO Jake Hanson shares, “This study marks a major milestone in sports safety & our quest to improve athlete protection & performance, providing scientific validation for the safety benefits of the Guardian FLEX SoftShox Chinstrap. We’re thankful to collaborate with the innovative team at SoftShox to achieve this milestone and look forward to seeing the Guardian FLEX SoftShox Chinstrap on football fields across the country this Fall.”

    With teams across the U.S., from high school athletes to professional leagues, planning to wear the chinstrap during the upcoming 2026 season, this new data is expected to further support adoption.

     

     

  • OneAssist Recognized Among Brands That India Trusts 2026 for Building Consumer Trust Through 15 Years of Service Excellence

    India  June 30: OneAssistIndia‘s highest-rated InsurTech platform, has been recognized among the winners of Brands That India Trusts 2026, reaffirming its position as one of India‘s most trusted consumer assistance and protection companies. The recognition celebrates OneAssist‘s 15-year journey of consistently delivering reliable service, seamless customer experiences, and technology-powered assistance to more than 3 crore active customers across India.
     
    The recognition was conferred at the inaugural edition of Brands That India Trusts 2026, held at Sahara Star, Mumbai. The event brought together leading brands, industry experts, and business leaders to celebrate organizations that have earned lasting consumer confidence through consistent performance, credibility, transparency, and customer-centricity.
    Conducted by Coherent Market Insights, the program followed a structured assessment framework to identify brands that consistently demonstrate high levels of consumer trust and market credibility. The evaluation covered key parameters including brand trust and credibility, customer experience and satisfaction, brand recall and consumer preference, transparency, product and service consistency, customer advocacy and loyalty, external reputation, and innovation. The assessment involved extensive consumer and market validation, public brand signal assessment, secondary research, and stakeholder inputs to ensure a holistic evaluation.
     
    The recognition reflects OneAssist‘s 15-year commitment to earning consumer trust through service excellence, operational excellence, and a customer-first approach. Today, with over 3 crore active customers, a 4.7 Google rating, and more than 76,000 customer reviewsOneAssist continues to demonstrate that trust is built through consistent service delivery, a seamless claims process, an integrated technology stack, and an unwavering focus on making consumers’ everyday lives easier.
     
    Commenting on the recognition, Subrat Pani, Co-founder, OneAssist, said: “Trust isn’t built overnight. It is earned through consistency. Over the last 15 years, our focus has remained simple: put customers first and deliver on every promise we make. Every claim processed seamlessly, every service request resolved, and every customer interaction has helped strengthen the confidence consumers place in us. Being recognized among Brands That India Trusts 2026 is a reflection of the trust our customers have shown us over the years. As we continue to operate with a growth mindset, we remain committed to raising the bar on customer experience, strengthening our technology capabilities, and making consumers’ everyday lives easier.”
     
    At a time when trust has become one of the strongest differentiators for consumer brandsOneAssist continues to set benchmarks through its customer-first mindset, operational excellence , and best-in-class service experience. Backed by a robust technology platform, a nationwide service ecosystem, and a culture of continuous improvement, the company remains committed to delivering dependable assistance and protection solutions that consumers can rely on every day.
  • From Cannes to the House of Lords: Jaya Misra’s Global Fashion Journey Earns Prestigious Recognition

    From Cannes to the House of Lords: Jaya Misra's Global Fashion Journey Earns Prestigious Recognition

    London, June 30: Renowned celebrity fashion designer Jaya Misra, Founder and Creative Director of JAYA MISRA INDIA, was honoured at the prestigious 3rd Edition of the Bengal British Icon Awards held at the historic House of Lords, British Parliament, in recognition of her outstanding contribution to the world of fashion and her role in championing Indian craftsmanship on the global stage.

    Hosted by Baroness Uddin the event celebrated distinguished achievers from across the global South Asian diaspora whose work has created a lasting impact across industries and communities.

    The recognition comes at a defining moment in Jaya Misra’s illustrious two-decade-long career, following her recent debut at the Cannes International Red Carpet 2026. Representing Indian couture on one of the world’s most celebrated global platforms, Jaya captivated audiences with her contemporary interpretation of the saree, showcasing the richness of Indian heritage through intricate craftsmanship, pearls and refined couture detailing.

    Over the years, Jaya Misra has showcased her creations at leading international fashion destinations including Milan, New York, Dubai, Vancouver, Tokyo and Belgrade, earning widespread acclaim for seamlessly blending traditional Indian artistry with contemporary luxury fashion. Through her work, she continues to elevate Indian design and craftsmanship on the global fashion map.

    Speaking on the recognitionJaya Misra, Founder and Creative Director, JAYA MISRA INDIA, said, “To be recognised at the House of Lords is both humbling and deeply meaningful. Coming so soon after my Cannes appearance, this honour feels like a celebration not just of my journey, but of the countless artisans, craftsmen and creative minds who keep India’s rich design legacy alive. Fashion, for me, has always been a bridge between heritage and the world, and I remain committed to taking Indian craftsmanship to newer global horizons.”

  • Sensex, Nifty End Lower as IT Stocks Weigh; Markets Track US–Iran Talks

    Mumbai, June 30: Indian equity benchmarks ended lower on Monday, weighed down by selling pressure in information technology stocks, while investors closely monitored developments around upcoming US–Iran talks.

    Market sentiment remained cautious throughout the session as weak performance in key IT counters dragged the broader indices. Analysts noted that profit booking and global uncertainty contributed to the decline.

    Investors also tracked geopolitical developments, particularly the scheduled US–Iran discussions, which are expected to influence global crude oil prices and broader risk sentiment in the coming days.

    Despite the downturn, selective buying was seen in some defensive and sector-specific stocks, helping limit deeper losses in the broader market.

    Market experts said volatility is likely to persist as global cues, currency movements, and geopolitical factors continue to shape investor sentiment.

  • transcosmos completes registration as a Financial Services Intermediary

    Tokyo, Japan, June 30: transcosmos announced that it has completed registration as a Financial Services Intermediary with the Kanto Local Finance Bureau (Registration No. 27). The Financial Services Intermediary business involves operations that directly handle customers’ assets and transactions, and therefore requires a highly robust operational foundation, including adequate financial capacity, guarantee arrangements, and rigorous compliance and internal control systems.

    Under these requirements, transcosmos has completed its registration and will commence support for licensed operations across deposit, lending, and securities areas. Through these services, transcosmos will contribute to expanding the customer base of financial institutions while providing integrated support from the design of digital customer touchpoints to back-office operations.

    transcosmos completes registration as a Financial Services Intermediary

     

    Background

    In recent years, amid changes in the interest rate environment, competition in financial products and services has intensified, while customer needs have become increasingly diverse and sophisticated. Against this backdrop, there is a growing need to expand opportunities for customer proposals, deliver seamless and efficient operations in contract-related support and procedures, enhance customer experience (CX) through digital channels, and drive continuous improvement by leveraging Voice of the Customer (VoC).

    Overview of registered business and services

    [Intermediation Services for Deposits and Loans]

    – Acceptance and processing of new applications for housing loans and deposit accounts
    – Document verification, data entry, and handling incomplete or missing information
    – Provision of product information and implementation of initiatives to promote applications

    [Securities Intermediation Services]

    – Administrative procedures and customer support related to the opening of securities accounts
    – Inquiry handling and order intermediation via telephone
    – Support for applications and promotion of investment trusts and NISA (Nippon Individual Savings Account) accounts

    transcosmos’s strengths

    • Extensive track record in financial operations
      Leveraging expertise gained through supporting the operations of financial institutions, transcosmos provides efficient and stable operational frameworks
    • Integration of digital (Web/CX) and operations
      transcosmos delivers end-to-end services—from the design of customer touchpoints to back-office operations—enhancing CX and advancing operational capabilities
    • One of the largest contact center infrastructures in Japan
      transcosmos provides high-quality, large-scale customer support and multichannel operations, including chat support, voice bots, and social media engagement

    Next steps

    Going beyond traditional outsourcing, transcosmos will work closely with financial institutions to address both management and operational challenges, while promoting the development of sustainable operational models. With this registration, transcosmos will expand its support in the CX domain to include licensed operations and establish an operating model that integrates digital and back-office functions. Through these initiatives, transcosmos will create an environment that enables financial institutions to concentrate on their core businesses, while contributing to the delivery of financial services that are clear, accessible, and reliable for consumers.

    * transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.
    * Other company names and product or service names used here are trademarks or registered trademarks of respective companies.