Category: Business

New Delhi, June 27: Foreign Institutional Investors (FIIs) emerged as net sellers in the Indian equity market this week, reflecting cautious investor sentiment amid evolving global economic conditions. However, strong buying by Domestic Institutional Investors (DIIs) helped offset the foreign outflows, providing much-needed stability to the markets.

Domestic investors, led by mutual funds, insurance companies, and other institutional participants, continued to invest steadily, underscoring growing confidence in India’s long-term growth story. Their consistent participation helped cushion the impact of foreign selling and prevented sharp market volatility.

Market experts believe that the increasing strength of domestic capital has significantly improved the resilience of Indian equity markets. With regular inflows from retail investors and systematic investment plans (SIPs), the market is now better positioned to withstand fluctuations in foreign investment.

While FIIs remain watchful of global developments, including interest rate expectations and geopolitical uncertainties, domestic investors continue to play a crucial role in supporting market sentiment. Analysts expect this trend to keep Indian markets relatively stable even if foreign investment remains volatile in the near term.

The week’s trading activity highlights a notable shift in market dynamics, where strong domestic participation is increasingly balancing foreign investment movements and reinforcing confidence in India’s financial markets.

CPP group leaders know that parents have been navigating young children’s technology use for decades. However, as electronics, social media, and artificial intelligence continue to reach young children, parents have increasingly turned to CPP group leaders for guidance. Although the effects of technology on children continue to be investigated, we have more resources than ever to share with group leaders as they support parents encountering this shifting landscape. We would like to offer some brief guidance to group leaders for facilitating these conversations in CPP groups and provide additional resources for group leaders and parents.

CPP approach to conversations about screen time

Parenting challenges are not new to CPP group leaders – you already have skills to facilitate CPP group conversations about screen time! Following the CPP approach that parents are the experts on their children, invite parents to clarify their values and goals related to their children’s screen use. As always, ask the group to support each other in problem-solving issues related to screen time. Finally, group leaders can provide evidence-based information to parents while maintaining a nonjudgmental environment where all parents feel safe to share.

Evidence-based recommendations for children’s screen time

Young children’s brain development is highly dependent on them being regularly engaged in physical activity, free play, and social interaction. Screen time can interfere with all three. Several professional health organizations have released guidelines to help families navigate screen time in today’s evolving digital world. We have highlighted a few key points below but invite you to learn more at the resources linked at the bottom of this article.

• Set household rules for healthy screen use. The American Academy of Pediatrics (AAP) emphasizes that quality, content, and social interaction matter more for supporting learning and healthy child development than strict time limits. That said, AAP offers the following age-based time limit guidelines:
  • 0-18 months: no screens (except video chatting)
  • 2-5 months: Maximum 1 hour of high-quality content daily
• Ensure that children’s screen time does not replace sleep, play, physical activity, or social interaction. For example, establish regular routines or spaces that are screen-free, such as during meals and bedtimes. Divert children’s attention to alternatives like reading, play, or physical activity.
• Get the whole family on board. Start with simple, consistent rules that apply to the whole family, including parents. Praise children when they follow the rules or engage in non-screen activities and remember that healthy screen habits begin with clear expectations, positive role modeling, and predictable routines that everyone follows together.

How the Chicago Parent Program Supports Healthy Screen Time

The Chicago Parent Program gives families practical skills to apply screen time guidelines in their households. CPP helps parents to set clear, consistent rules about when and how screens can be used (like device-free mealtimes and bedtimes), manage their own screen use, co-view content and talk with kids about what they’re watching, and offer engaging alternatives like outdoor play, reading, and family activities. Use do statements to make expectations clear and warning statements to give children time to prepare for transitioning away from screen time. CPP also emphasizes use of labeled praise to reinforce positive behaviors, staying calm and consistent when enforcing boundaries, and starting with simple rules that apply to everyone in the household. CPP’s strengths-based approach helps parents implement media plans effectively while strengthening relationships and reducing parenting stress.

Toss users can now contribute real-world data to train AI and get paid for it, in a first-of-its-kind model launching in Korea ahead of global expansion

SEOUL, June 26, 2026 — Poseidon, the data infrastructure built to source and license real-world data for AI, today announced a partnership with Toss, the mobile financial platform operated by Viva Republica, to let everyday users contribute to AI training and be paid for what they provide. It is Toss’s first move into AI data, and it opens that market to its roughly 30 million users.

Frontier AI has run out of internet to scrape. The next generation of models depends on real-world data, the kind that captures how people actually speak, move, and react, which does not exist on the open web and has never had a clean way to be sourced, licensed, or paid for. Poseidon is building the infrastructure to change that, and Toss brings the reach to do it at scale.

Through the partnership, Poseidon’s contributor app, Numo, launches inside the Toss app. Toss users can help build Korean-language training data across voice, image, and video, and receive payment tied directly to what they contribute. Poseidon provides the infrastructure that tracks each contribution and its value, while Toss provides the user base and the financial experience that turns participation into payment. Together they offer a working answer to a question the AI industry has struggled with, which is how to compensate the people whose data makes models better.

Every contribution made through Numo is registered on DATA, the AI data network that Poseidon refines data for. DATA gives each record a verifiable provenance trail through Trace, its public audit layer, so a buyer can see where a piece of training data came from and a contributor can see that their work was counted and paid. DATA Foundation, which launched this week from the rebrand of Story, is building this layer alongside integration partners including the human data marketplace Kled, and Poseidon is one of the largest sources of refined data flowing into it.

What Numo collects is first-person data, recorded by real people in real environments, which is among the hardest and most valuable categories to obtain. It is the raw material for physical intelligence, the AI that has to operate in the physical world across robotics, autonomous vehicles, and other applications. Demand from global AI labs for this kind of data is climbing, and Korea is positioned to supply it, with its dense real-life data and Toss’s user base. Poseidon and Toss intend to prove the model in Korea, then expand to global markets.

Changhoon Seo, Executive Director of New Business at Toss, said: “As the AI industry grows, demand for high-quality data is rising just as fast. Toss plans to build an environment where users can take part in the data economy more easily and naturally, and to expand a structure in which the value they contribute is rewarded transparently.”

SY Lee, Chief Strategy Officer and Chairman of Poseidon, said: “Korea is one of the few markets where the strategic importance of AI data, a mature financial system, and world-class mobile experience all exist at once. Toss is the right partner to turn user-contributed AI data from an early idea into a standard the rest of the world can adopt.” Lee previously founded the web-novel platform Radish and sold it to Kakao Entertainment, co-founded Story, the IP infrastructure that recently rebranded as DATA Foundation, and was named a Young Global Leader by the World Economic Forum this year.

Friday, 26th June 2026
Pair’d Margaret River Region has today unveiled its 2026 program – a masterful, multi-sensory celebration of wine, food, music and culture, that will utilise the region’s incredible natural assets as the backdrop for the four-day festival this November (19-22).

Hot off major global recognition at the prestigious Eventex Awards (the only Australian festival to receive this accolade), today’s program announcement will see Pair’d bring together a once-in-a-lifetime combination of Michelin stars, global music icons, rare museum wines and beachside feasts at Australia’s leading wine-first festival.

Pair’d Festival Director Hannah Pike said the team were thrilled to present a program that pushes far beyond the traditional food and wine festival format. “The 2026 program is about the art of the blend, from museum pours and fire feasts, to musicians in caves and sunset sessions by the ocean, we’ve curated a collection of experiences that simply couldn’t happen anywhere else in the world.” Ms Pike said. “In between festivals, we spend the year scouring the world to find talent who genuinely love and have a real connection to wine – be it musicians, chefs or artists – to deliver a multi-sensory celebration of place, creativity and connection. The program is wine-led, designed to be inclusive and welcoming to guests of all tastes, interests and price-points. I strongly encourage anyone interested in attending to start exploring the program now, ahead of tickets going on sale next week.” Ms Pike finished. The Grand Tasting returns to Howard Park Wines as the only event of the year where Margaret River’s most prestigious and iconic producers gather on a single lawn. Guests can indulge in a festival menu curated by Matt Moran and Aaron Carr, explore legendary vintages through Museum Masterclasses with Erin Larkin and Nick Ryan in the Howard Park Wine Chapel, and enjoy live music from jazz artist Mark Turner
and a headline performance by Isabella Manfredi (The Preatures).

Western Australian-born chef Dave Pynt (Burnt Ends, Singapore) will return home for the hugely anticipated Burnt Ends & Friends at Wills Domain. Selling out within minutes last year, the next instalment will see Pynt collaborate with American BBQ Pitmaster and Netflix royalty Rodney Scott, Hong Kong chef Matt Abergel, Larissa Goncalves (Si Paradiso) and Ben Cross (Mason Bali) for one of the festival’s signature dining events.

Scott will also host An Evening with Pitmaster: Rodney Scott alongside good friend Morgan Mcglone (The Goodies Group), an intimate live-fire feast on the festival’s opening night. Festival favourite Pair’d Beach Club will return to Meelup Beach, bringing together two ex-Noma alumni – Gus Stieffenhofer-Brandson, chef-owner of Michelin-starred Published on Main and No. 17 in North America’s 50 Best, and Ben Ing, Noma’s former head chef now behind Alberta’s in Busselton.

Guests will arrive to oysters, sparkling and coastal spritzes before choosing their experience: the Beach Club Restaurant, where a three-course menu is matched with Margaret River wines curated by sommelier Cyndal Petty or the Beach Bar, a more relaxed setting of casual beach bites, wine, music and dancing on the sand. WA seafood chef Scott Bridger of Pearla & Co. will offer a live raw bar throughout the event.

The Pair’d Beach Club is also your ticket to experience this year’s music headliners, legendary Austrian electronic duo Kruder & Dorfmeister for their only Australian performance in more than a decade. Pioneers of the “Vienna Sound” and passionately involved in the wine industry themselves, they are a natural fit for Pair’d – artists who have shaped both sound and wine culture, performing at sunset overlooking the Indian Ocean.

Led by proud Wadandi-Pibulman man Zac Webb, Nature’s Table will return under the canopy of Tanah Marah Forest, with Paul Iskov (Fervor) and Bundjalung woman Mindy Wood (World’s 50 Best Restaurants ‘Champions of Change Award) teaming up to present an exclusive four-course lunch that weaves the essence of the blooming Peppermint Tree. Paired with a prestigious wine list curated by Erin Larkin and the soulful melodies of Noongar artist Bumpy, this is a dining experience in complete harmony with the forest around.

With so many of the events in the program utilising the incredible natural assets of the Margaret River Region, Ngilgi Reverie will transform the ancient chambers of Ngilgi Cave into one of the world’s most unique stages with didgeridoo and soulful acoustic performances, followed by a Cullen Wines-led and bushfood-inspired tasting experience. Meanwhile, Xanadu Wines Under the Stars will celebrate WA’s glittering night sky for a unique evening of food, wine, astronomy and cultural storytelling.

If it’s Michelin stars you’re chasing, Vasse Felix x Bonheur presented by Lexus is an exclusive event bringing together the artistry of Vasse Felix Estate chef Cam Jones and winemaker Virginia Willcock, with the world-class refinement of Gordon Ramsay protege, Matt Abé, Chef Patron of Bonheur (London), who gained 2 Michelin stars in his new restaurant within months of opening. The event celebrates heritage, innovation and the deep connection between premier wine-making and world-class gastronomy.

Wayfinder x St. John presented by Lexus will see Wayfinder’s Brendan Pratt join forces with London’s legendary St. John to present a menu that honours the regenerative cycles of the land. Set against the backdrop of the estate, this forward-thinking dining experience is a raw dialogue between the winemaker and the chef, merging St. John’s pioneering nose-to tail philosophy with Wayfinder’s soil-first viticulture.

In 2026, New Wave Gathering is taking over crowd favourite Chow’s Table for a night of wine, delicious Chinese food, and live music headlined by Australian indie-electronic favourites Boo Seeka. Guests can expect fresh pours from the region’s next-gen labels with big tunes to match.

Oenophiles are in for a treat at The History Makers hosted by Nick Ryan, with a menu masterfully delivered by Dave Pynt and Leeuwin Estate’s Dan Gedge. Space is strictly limited to 24 seats, with Leeuwin Estate opening its gallery for the ultra-exclusive dinner featuring pinnacle bottles and revered museum releases never before tasted by the public. Ryan said: “I’ve drunk a lot of great Margaret River wines in my time, but never have I seen a collection quite like what’s on offer at this dinner. It really is the best of the best and we’ll be talking about this night for years to come.”

Western Australian Tourism Minister the Hon. Reece Whitby MLA said the WA Government is excited to invite local, national and international guests to experience an event celebrating world-class wine, food, culture, and creativity in a truly unique destination.

“Now in its third year, Pair’d Margaret River Region is a proudly West Australian homegrown event that has already built a strong presence on the global stage, Minister Whitby said. “The 2026 program showcases internationally recognised chefs, musicians and storytellers through unique experiences that highlight the region’s natural beauty and exceptional wine and culinary offerings.”

“This event plays a key role in driving visitation to the Margaret River Region, supporting local businesses and delivering strong economic outcomes for the community, while further cementing Western Australia’s reputation as a world-class destination.” 

Key Notes:

• Access the full Media Toolkit HERE
• Festival dates: Thursday 19 November – Sunday 22 November 2026.
• The full program can be viewed now at pairdmargaretriver.com with tickets on sale at 10am AWST (Perth), Wednesday 1 July.
• The 2026 program includes more than 40 wine-led events set across beaches, forests, caves and vineyards in the Margaret River Region.
• Crowd favourite Burnt Ends & Friends will see Dave Pynt (Burnt Ends, Singapore) return and join forces with American Pitmaster, Netflix royalty Rodney Scott and Hong Kong’s “King of Chicken,” Matt Abergel (Yardbird, Hong Kong), for a smoke fuelled masterclass in global flavour. Scott will also host An Evening with Pitmaster: Rodney Scott with Morgan Mcglone, an intimate live-fire feast on the festival’s opening night.
• Legendary Austrian DJ duo and now winemakers, Kruder & Dorfmeister (K&D) will return to Australia for the first time in a decade for their only Aus gig at two exclusive sunset sets at Pair’d Beach Club on Meelup Beach.
• Ben Ing (Alberta’s, Busselton) will team up with Gus Stieffenhoffer-Brandson (Published on Main, Vancouver) celebrate the best of Western Australian seafood across a variety of dining options at Pair’d Beach Club, with wines curated by Cyndal Petty.
• Wayfinder x St John presented by Lexus will see the esteemed London restaurant that is credited with pioneering nose-to-tail dining collaborate with chef Brendan Pratt on a menu that honours the regenerative cycles of the land.
• Vasse Felix x Bonheur presented by Lexus brings together Vasse Felix chef Cam Jones and winemaker Virginia Willcock with Gordon Ramsay protege Matt Abé, Chef Patron of Bonheur (London), who gained 2 Michelin stars within months of opening.
• Returning favourites include Nature’s Table, Ngilgi Reverie, The Grand Tasting, New Wave Gathering, and Pair’d Beach Club.
• Many events sold out within 20 minutes of going on sale last year, so early movement is strongly encouraged for those wanting to attend the event.
• Early Access sign-ups and travel packages are available now via Pair’d Margaret River Region.
• For interstate guests, direct flights available from Sydney and Melbourne straight into Busselton Margaret River Airport.

Event Owner
Tourism Western Australia Tourism Western Australia (WA) is the WA Government agency responsible for promoting Western Australia as an incredible holiday and events destination. Their role is to inspire more people to visit WA from Australia and around the world. Tourism WA does this by marketing the state to the world through innovative campaigns; developing, attracting and promoting major sporting, arts, cultural and business events; working with government and the tourism industry to improve access, accommodation and tourism experiences for our visitors; and by informing and empowering the WA tourism industry through sharing key insights and global trends, building stakeholder relationships and providing leadership to the sector.

Event Organisers

Mellen Events With over 30 years of experience, Mellen Events is Western Australia’s leading concert promoter and event management company. As the exclusive concert operator at Kings Park for more than two decades, they have staged over 140 outdoor concerts for more than one million fans, hosting global artists such as Sting, Tom Jones, Bryan Adams, Lorde, and Groove Armada. Their portfolio also spans major festivals and bespoke experiences, including Kaleidoscope Festival of Light and Dark Sky Festival. In partnership with Live Nation Entertainment, Mellen combines global talent access with a deep understanding of the WA market to deliver premium events that unite communities and showcase the region on the national and international stage.

We Are Gather

2025 winners of ‘Best Small Event Agency in Australia’ at the Australian Event Awards, and 2026 Winners of Event Ex Rising Star Agency and Boutique Agency. We Are Gather is a bold, collaborative curator of premium experiences, designing and delivering large-scale festivals, destination-led events, and brand activations with clarity, creativity, and commercial acumen. Built on deep roots in food, wine, tourism, and culture, we create immersive experiences that not only elevate brands and bring people together but also drive real results for regions, communities, and collaborators. We believe in creating gatherings that ‘leave a legacy’.

AHOY Management

AHOY Management specialises in festivals that sell out, build loyal followings, and are beloved in real life. Their standout events include Cabin Fever in Margaret River, Taste Great Southern, and Subi Spritz in Subiaco. With years of local and international experience, AHOY brings bold ideas to life, turning seeds of concepts into thriving celebrations. They work closely with communities, brands, and agencies, delivering big agency expertise with a boutique, boundary-pushing approach.

New Delhi, June 26: The Centre’s ASPIRE (A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship) initiative is strengthening rural entrepreneurship by supporting innovation and self-employment through a nationwide network of 109 business incubators.

The scheme, implemented by the Ministry of Micro, Small and Medium Enterprises (MSME), aims to promote entrepreneurship in rural and semi-urban areas by providing aspiring entrepreneurs with access to incubation facilities, skill development, mentoring, and business support.

Officials said the incubators are helping startups and first-generation entrepreneurs transform innovative ideas into viable business ventures, while creating employment opportunities and encouraging local economic development.

The ASPIRE scheme focuses on fostering innovation in the agriculture and rural sectors by supporting enterprises that generate sustainable livelihoods and strengthen the MSME ecosystem.

The government said the initiative is playing a key role in promoting inclusive economic growth by nurturing entrepreneurship at the grassroots level and empowering rural youth to become job creators instead of job seekers.

The scheme continues to expand India’s rural innovation ecosystem, supporting the government’s vision of strengthening the MSME sector and accelerating rural economic development.

 

Hyderabad, June 26: “Manufacturing in the future will not be driven by machines alone; it will be driven by intelligence. It no longer matters how many machines are installed on the factory floor. What matters is how efficiently they operate, how well they communicate with each other, how much energy they conserve, and how smart they are,” said Mallu Bhatti Vikramarka, Deputy Chief Minister of Telangana, while inaugurating the 3rd edition of IITEX 2026 – Industrial Innovation & Technology Expo at the Hitex Exhibition Centre, Hyderabad, on Friday.

The three-day expo, organised by the Federation of Telangana Chambers of Commerce and Industry (FTCCI), showcases Telangana’s industrial strength, innovation, manufacturing excellence, industrial automation, artificial intelligence, robotics, smart factories and other emerging technologies.

The Deputy Chief Minister inaugurated the expo in the presence of R. Ravi Kumar, President, FTCCI; K.K. Maheshwari, Vice President, FTCCI; Srinivas Garimella, FTCCI leadership; C.S.S. Rao, Joint Director, MSME Development & Facilitation Office; K. Rahul Reddy, Director, Any Time Diesel; Vimlesh Gupta, Convenor, IITEX 2026; Bhavani Suresh, Managing Director, Truzon Solar, and other industry leaders.

Addressing over 250 industrialists, entrepreneurs, policymakers, technology experts and innovators, the Deputy Chief Minister said Telangana has made remarkable strides over the past decade and has earned a reputation for growth, innovation and investor confidence.

“FTCCI serves as a strong bridge between the Government and industry. IITEX is not merely an exhibition of products; it is a platform for ideas, innovation and collaboration, bringing together all stakeholders of the industrial ecosystem,” he said.

The Deputy Chief Minister said the Telangana Government considers investors as wealth creators and is committed to creating a business-friendly ecosystem for industries of all sizes.

“The ease of doing business should not be confined to large industries alone. MSMEs must also benefit. Small entrepreneurs should not have to run from pillar to post to establish and operate their businesses,” he remarked.

Outlining Telangana’s industrial vision, he said the State’s future rests on five pillars — Innovation, Sustainability, Skills, MSME Strengthening and Partnerships.

He invited the private sector to partner with the Government through the Public-Private Partnership (PPP) model.

“Our goal is to build a USD 3 trillion economy by 2047. Government alone cannot achieve this. Wherever the private sector sees opportunities, we welcome them to join hands with us. Together we can build a stronger, greener, smarter and globally competitive Telangana,” he said.

Highlighting Telangana’s focus on sustainable industrial growth, he said electric mobility and renewable energy are key priorities.

“All electric vehicles enjoy 100% exemption from road tax. Telangana has already crossed 5 GW of installed solar power capacity and aims to reach 34 GW by 2035, making the State a leader in reliable, affordable and green energy,” he added.

Delivering the welcome address, R. Ravi Kumar, President, FTCCI, said IITEX 2026 has been designed to connect businesses, technology providers, buyers and policymakers under one roof.

“Our objective is to facilitate networking, business leads, technology adoption and strategic partnerships. This year’s expo focuses on eight high-growth sectors including electric mobility, solar energy, food processing technologies, innovative packaging, industrial automation and smart manufacturing.”

He said the expo is showcasing the latest Industrial IoT technologies, including wireless temperature, pressure and vibration monitoring systems that enable real-time shop-floor visibility, predictive maintenance, improved asset reliability and enhanced operational efficiency.

Vimlesh Gupta, Convenor of IITEX 2026, said over 100 exhibitors are showcasing their products and services and the organisers expect more than 15,000 business visitors during the three-day exhibition.

C.S.S. Rao, Joint Director, MSME Development & Facilitation Office, said the Ministry of MSME is committed to strengthening the competitiveness of MSMEs and highlighted various schemes that financially support MSMEs to participate in trade fairs and exhibitions.

Speaking on the occasion, Bhavani Suresh, Managing Director, Truzon Solar, said, “The future of industry lies in clean, reliable and intelligent energy solutions. Solar power is no longer just an environmental choice—it is a smart business decision that improves efficiency, reduces costs and enhances sustainability.”

Highlighting a growing trend in industrial logistics, K. Rahul Reddy, Director, Any Time Diesel, said diesel delivery startups are transforming the way fuel reaches industries, construction sites, hospitals, telecom towers and commercial establishments.

“Doorstep diesel delivery through mobile fuel bowsers reduces downtime, saves fuel, manpower and operational costs while ensuring safe, technology-enabled fuel distribution,” he said.

Rear Admiral R. Sreenivas, VSM (Retd), Chief Executive Officer, Bondada Group, said, the next phase of industrial growth will be defined not by individual technologies, but by how effectively industries collaborate, innovate, and adapt.

Hyderabad today has more than six diesel delivery startups, while nearly 36 companies operate across the country, making this an important and fast-growing segment of India’s industrial services ecosystem.

Among the notable exhibitors are Any Time Diesel, Truzon Solar, Ampleton, Bondada Group, Hyderabad Security Council and Supasac.

The exhibition featured a wide range of innovative and sustainable products. Bondada Group showcased lightweight Autoclaved Aerated Concrete (AAC) blocks along with other eco-friendly building materials and green construction solutions. Supersac displayed its RollTop Backpack made from recycled PET bottles, besides a versatile 3-in-1 convertible backpack that can be used as a backpack, briefcase or overnight bag. Royal Deluxe exhibited a compact table-top mini cooler that operates without water. Active Green Products demonstrated an innovative window system that continues to circulate fresh outdoor air even when the window is closed, enhancing indoor air quality and ventilation. Keystone Robotix attracted visitors with its Mome Cooking Machine, an intelligent automated system capable of preparing a variety of dishes with minimal human intervention.

The exhibition will remain open to visitors until Sunday evening.

– 

Mumbai,  June 26: SHM Global  one of the foremost companies in shipbuilding, ship management, and maritime safety, were felicitated by Mr. Praveen K. Mishra, Managing Director, Indian Register of Shipping (IRS), an IACS member classification society, in recognition of the company’s contribution to advancing indigenous maritime capabilities through the development of lifeboats for the maritime sector. The felicitation ceremony was held at the IRS Headquarters in Powai, Mumbai.

The recognition acknowledges SHM Global’s successful development of the KISS 700 and PN95FA totally enclosed fire protected lifeboats, indigenously designed and manufactured in India. Developed in collaboration with Palfinger Marine and backed by type approval certifications from IRS, the lifeboats represent a significant milestone in enhancing India’s self-reliance in critical maritime and offshore infrastructure.

Mr. Praveen K. Mishra, Managing Director, Indian Register of Shipping (IRS) states

“I’d like to congratulate SHM Global on turning their dream into reality. Despite stringent and elaborate IMO requirements, SHM Global achieved full compliance and certification within a short span of time which is a genuinely challenging feat. I encourage other Indian manufacturers in the maritime sector to pursue IRS type approval and become indigenous producers. This reduces our reliance on foreign imports and strengthens India’s self-reliance, a true step towards Aatmanirbhar Bharat.”

The Indian Register of Shipping, India’s leading maritime classification society, plays a key role in setting technical, safety and performance standards for ships and marine systems. Mr. T. Ghosh, Senior Principal Surveyor, Indian Register of Shipping (IRS) said

“I would like to congratulate the SHM team — this was a complex project, as this type of lifeboat has never been built in India before. Saifuddin Hajee’s vision brought to life the PN95FA and KISS 700, both enclosed lifeboats designed for tankers and built to SOLAS standards. With Palfinger as a strong technical partner and SHM Global’s own capability and experience, the boat successfully cleared IRS’s rigorous design appraisal and testing for lifesaving appliances. We’re proud to have reviewed the documentation and finally issued the certificate, taking lifeboat design in India to a new level.”

Mohammed Hajee, CEO, Maritime Safety and Security, SHM Globalsaid

“Marine safety systems are mission critical for maritime operations. This recognition from the Indian Register of Shipping is a matter of pride for SHM Global. It reflects the commitment and efforts of our teams in developing indigenous marine safety solutions in India.”

The Group’s philosophy of designing to meet Indian requirements while building products capable of competing on global standards was witnessed through this project. IRS as well, responded positively to this vision.

The achievement highlights SHM Global’s commitment to strengthening the domestic maritime manufacturing ecosystem through innovation, engineering excellence, and the principles of the Make in India initiative. It also aligns with the Government of India’s Aatmanirbhar Bharat vision aimed at reducing dependence on imports and building indigenous capabilities in strategic sectors. Till date, SHM Global holds approvals on 8-10 products across categories, with more in the pipeline.

The felicitation by the Indian Register of Shipping reflects the role of regulatory and classification bodies in encouraging indigenous innovation and reinforcing confidence in domestically developed maritime solutions.

New Delhi, June 26: The National Stock Exchange of India (NSE) continues to maintain a dominant position in the country’s financial markets, with a 93% market share and a registered investor base of 12.9 crore, according to Centrum Broking.

Centrum said the exchange’s scale and deepening retail participation highlight the strong structural growth of India’s capital markets, supported by rising financial awareness and increasing participation from individual investors across the country.

The brokerage noted that NSE’s expanding investor base underscores the growing penetration of equities and other financial instruments, driven by digital onboarding, simplified investment processes, and broader market access.

Industry data indicates that India’s stock market participation has expanded rapidly in recent years, with retail investors contributing significantly to trading activity across segments such as equities, derivatives, and ETFs.

Analysts said the dominance of NSE reflects its strong ecosystem, high liquidity, and continued preference among market participants, reinforcing its position as the primary trading platform in India.

Centrum’s assessment highlights the broader trend of deepening financialisation of savings in India, with increasing participation from younger investors and non-metropolitan regions.

 

-Rakesh Jain, CEO, IndusInd General Insurance

National Insurance Awareness Day underscores the critical role of insurance in advancing financial resilience and inclusive economic growth. With insurance penetration in India below global benchmarks, deepening awareness across Bharat, especially in Tier 2 and Tier 3 markets, is vital to realizing the national vision of ‘Insurance for All’. As risks evolve across health, climate, and digital ecosystems, insurance must transition from a reactive risk mitigator to a proactive enabler of security and enterprise. At IndusInd General Insurance, we are committed to leveraging technology and customer-centric innovation to enhance accessibility, strengthen trust, and empower every Indian to participate confidently in the growth journey.

 

New Delhi, June 26: Indian real estate sector attracted private equity (PE) investments worth $1.13 billion in the first half of the year (H1), with the office segment accounting for the bulk of inflows, according to industry data.

The report highlights that the office segment captured around 89% of the total PE investments, reflecting strong investor confidence in Grade-A commercial assets and continued demand for premium office spaces across major urban centres.

Analysts said the inflows indicate sustained institutional interest in India’s commercial real estate market, driven by stable rental yields, improved occupancy levels, and long-term growth prospects in key office hubs.

The residential and other real estate segments accounted for the remaining share of investments, though activity remained comparatively moderate.

Experts noted that India continues to remain an attractive destination for global and domestic investors due to its resilient economic growth, expanding corporate sector, and increasing demand for organised real estate assets.

The strong dominance of the office segment underscores the ongoing shift towards formalised commercial spaces and the growing presence of multinational companies in the country.