Business

Electric mobility gained fresh momentum as A‑I Sureja Industries announced confirmed orders for 1,400 electric two-wheelers, signaling rising commercial interest in sustainable transport solutions. The order inflow highlights growing demand from fleet operators and institutional buyers seeking cost-efficient and environmentally friendly mobility options. Industry analysts view the development as a positive indicator for India’s electric vehicle ecosystem, particularly in the mass two-wheeler segment.

State-owned lender Canara Bank has successfully raised Rs. 5,000 crore through the issuance of bonds, reinforcing its capital position amid steady credit growth and evolving regulatory requirements. The fundraise reflects continued investor confidence in public-sector banks as balance sheets improve and asset quality stabilizes. Proceeds from the bond sale are expected to support business expansion while ensuring compliance with capital adequacy norms.

The Chennai manufacturing facility of Samsung is increasingly being recognized not just as a production hub, but as a breeding ground for leadership and technical excellence. What began as a large-scale manufacturing base has evolved into a center where frontline workers are trained, upskilled and elevated into supervisory and managerial roles. The transformation reflects Samsung’s long-term commitment to human capital development in India, aligning operational efficiency with inclusive growth.

Automotive venture JSW Motors has entered into a strategic partnership with Tata IIS to develop a strong pipeline of technology talent for the rapidly evolving mobility sector. The collaboration is aimed at bridging the gap between advanced academic research and industry-ready skills, with a focus on electric vehicles, digital engineering and intelligent manufacturing.

Diversified natural resources conglomerate Vedanta is set to raise up to Rs. 3,000 crore through the issuance of debentures, strengthening its financial flexibility amid an evolving capital market environment. The proposed fundraise is aimed at refinancing existing obligations and supporting corporate requirements, reflecting a broader strategy to optimize the company’s balance sheet.

Indian Hotels Company Limited has strengthened its presence in experiential hospitality with the opening of the Tree of Life AeroVillage in Maharashtra. The new property reflects IHCL’s strategy of expanding curated, niche offerings that cater to travelers seeking authenticity, privacy and immersive design. Positioned to attract both leisure and business guests, the AeroVillage blends contemporary comfort with regional character.

Union minister Jyotiraditya Scindia has publicly criticized a senior director at Bharat Sanchar Nigam Limited (BSNL), describing certain demands as “absurd” and disconnected from operational and fiscal realities. The sharp response underscores growing tension between legacy public-sector structures and the government’s push to modernize India’s telecom ecosystem. Officials said the remarks reflect frustration with resistance to reform at a time when BSNL is undergoing a critical turnaround.

Makmor has taken a decisive step into next-generation aviation by announcing plans to acquire 10 electric aircraft from MD Aircraft. The deal signals growing commercial confidence in electric aviation as operators seek cleaner, quieter and more cost-efficient alternatives to conventional aircraft. Industry observers view the move as a strategic bet on sustainability-driven air mobility, particularly for short-haul and regional operations.

India’s automotive logistics landscape has reached a global milestone with the launch of the world’s first large-scale modal shift project by Maruti Suzuki India at its Gujarat operations. The initiative replaces long-haul road transport with rail-based vehicle dispatch, significantly reducing carbon emissions, fuel consumption and logistics costs. Designed to improve supply-chain efficiency while advancing sustainability goals, the project reflects a strategic rethink of industrial transportation in India.

Mahindra Manulife Investment Management has announced a leadership transition with the appointment of a new managing director and chief executive officer, signaling a renewed strategic focus on scale, governance, and long-term value creation. The move comes at a time when India’s asset management industry is becoming more competitive, regulated, and investor-driven. The joint venture expects the new leadership to strengthen investment processes, expand distribution reach, and deepen digital capabilities.