Archive: January 1, 2026

AuthBridge CEO Ajay Trehan Says 2025 Marked a Global Wake-Up Call on Third-Party Risk, Trust, and Zero-Trust Vendor Ecosystems

By Mr. Ajay Trehan, Founder & CEO, AuthBridge

“2025 has been a wake-up call for enterprises worldwide. A series of security events underscored a simple but critical reality: as digital ecosystems become more interconnected, risks increasingly originate not within the enterprise, but across the broader network of partners, platforms and service providers that enable day-to-day operations. Rather than signalling systemic failure, these incidents revealed the inherent complexity of modern supply chains and the urgent need to evolve oversight frameworks to keep pace with technological progress. The lesson is clear: due diligence can no longer be a one-time exercise. Trust must be continuously verified.

This year also marked the point where regulation and global digital infrastructure truly converged. With the DPDP Act and similar global frameworks placing explicit accountability on enterprises for breaches caused by their vendors and data processors, third-party due diligence has shifted from a best practice to a regulatory and strategic imperative. As nations tighten data laws and assert digital sovereignty, enterprises must ensure that every partner in their ecosystem meets security, compliance and data governance expectations, not just locally, but across borders.

We are entering an era where trust will determine competitive advantage. Identity security, transparent vendor ecosystems and AI-driven continuous monitoring will shape how digital economies function. At AuthBridge, we are seeing CISOs and business leaders accelerate toward zero-trust vendor architectures where every entity, be it human, organisational or machine, is verified, monitored and reassessed throughout the relationship lifecycle.

Going into 2026, enterprises that can rapidly validate vendor credibility, anticipate risks and maintain resilient, compliant supply chains will not only reduce breach exposure but also secure the trust required to participate in global digital trade. The ability to build secure, verified and interoperable vendor ecosystems will define leadership in the next phase of digital transformation.”

Air India Express Receives First Custom Designed Boeing Aeroplane From The Historic Order

Jan 01st:  Air India Express welcomed its 51st B737-8, which is its first line-fit aircraft, at Delhi’s Indira Gandhi International Airport. Configured and designed to Air India Express specifications by Boeing, the aircraft features a cabin designed to enhance comfort, space and convenience. Flown directly from Boeing’s facility in Seattle, the aircraft marks an important milestone in the airline’s fleet modernisation programme and is scheduled to enter service in January.

The line-fit aircraft incorporates a comprehensive set of enhancements consistent with the new branding. The cabin features ergonomically designed seats with comfortable cushioning, generous legroom, and fast-charging power outlet in each seat. It also has onboard ovens for hot ‘Gourmair’ meals, larger overhead bins for cabin baggage, a quieter cabin environment and Boeing’s Sky Interior with soothing mood lighting, creating a modern and welcoming cabin environment.

This is the 51st Boeing 737-8 aircraft inducted by Air India Express since its transition to the Tata group, further strengthening its position as the country’s largest Boeing operator. The airline now operates a fleet of over 100 aircraft. In 2025, the airline has also inducted four A321neos, four A320neos and three A320ceos, underscoring the scale and pace of its expansion.

Commenting on the induction of the airline’s first line-fit aircraft, Aloke Singh, Managing Director, Air India Express, said, “We are proud to welcome our 51st Boeing B737-8, the first of the fully customised line-fit aircraft, marking a significant step in Air India Express’ fleet modernisation journey. Two-thirds of the airline fleet is now comprising of modern B737-8s and A320/321Neo aircraft, offering better fuel-efficiency and superior on-board comfort. On the back of this rapid fleet growth, we have expanded our network to 60 destinations, adding 12 destinations in 2025 alone. As India’s aviation market continues to evolve, Air India Express is emerging as a strong connector of New India, enhancing connectivity to/from tier-2 and tier-3 cities with network footprint spanning India, the Middle East, South East Asia and South Asia.”

The airline has also commenced a programme to retrofit new seats on its existing Boeing 737-8 aircraft already in service to offer consistency across the fleet. As part of this initiative, 50 Boeing 737-8 aircraft will be upgraded to a standardised 189-seat configuration, with two aircraft having already completed the retrofit.

Alongside its fleet and product transformation, the airline has unveiled its new brand campaign, ‘Xplore More, Xpress More’, reflecting the transformative power of travel and the meaningful connections it enables. Air India Express also continues to celebrate India’s artistic and cultural diversity through its Tales of India initiative, which showcases over 50 indigenous art forms from 25 states through distinctive aircraft tail arts inspired by regional crafts and traditions such as Zardozi and Banarasi embroidery, Ikat and Paisley motifs, and the elegant Kasavu and Paithani weaves, among others.

Locks & Architectural Solutions by Godrej Enterprises concludes 2025 with robust growth, digital innovation, and market expansion

Chandigarh, Jan 01st: Locks & Architectural Solutions, a business of the Godrej Group, continues to strengthen its leadership in home safety and architectural hardware, targeting revenues of ₹1,400 crore by FY26, up from approximately ₹1,250 crore in FY25, marking a growth of 12–14% year on year. The momentum is being driven by a strong shift towards digital and connected solutions, backed by sustained demand across residential, commercial, and emerging urban markets in India.

The business has witnessed steady performance across its diversified portfolio, with locks remaining the core segment while Architectural Solutions emerges as a fast-growing vertical aligned with premium interiors and modern infrastructure needs. Digital locks remain the fastest-growing category, recording around 30% annual growth, significantly outperforming traditional mechanical locks. This growth reflects increasing consumer preference for smart, keyless, and connected security solutions that combine convenience with enhanced safety.

Godrej’s product portfolio spans a comprehensive range of mechanical locks such as padlocks, rim locks, deadbolts, cylindrical locks, shutter locks, and pentabolts, alongside an expanding digital and connected locks range. The company’s digital offerings include the Neo Digital Locks range, priced from ₹8,999, onwards designed to make smart security accessible to a wider audience. These locks offer multi-mode access including PIN, biometric, RFID, mobile app control, and mechanical key override, along with features such as anti-theft alarms, auto-locking, emergency power backup, and IoT-enabled Wi-Fi and Bluetooth connectivity. The premium GSLD1 further enhances the portfolio with advanced seven-in-one access, cloud integration, and remote monitoring, catering to consumers seeking high-end connected security.

E-commerce and quick commerce channels are playing an increasingly important role in the brand’s growth journey. Currently contributing approximately 3.5–4% of total revenue, these channels are expected to scale rapidly and reach 11–12% contribution by FY28. Godrej Locks now services customers across over 13,000 PIN codes, reinforcing its strong omnichannel presence and ability to reach consumers beyond metros, particularly in Tier 2 and Tier 3 cities. 

In line with its long-standing commitment to safety awareness, Godrej continues to strengthen its flagship Har Ghar Surakshit platform, now in its ninth year. Under the 2025 edition, the brand launched the “Accidental Invitation” initiative, which extends the concept of home safety to the digital world. The initiative highlights how oversharing on social media can unintentionally expose individuals to security risks. Central to the campaign is the Accidental Invitation App, a first-of-its-kind digital tool that evaluates users’ online behaviour and generates a personalised Accidental Invitation Score, encouraging mindful digital habits as part of holistic home safety.

The Har Ghar Surakshit programme has conducted over 170,000 home safety check-ups to date, with more than 21,000 completed in the current year alone, strengthening consumer education and community engagement across the country. The campaign is supported by a series of impactful films that depict everyday digital oversharing scenarios, reinforcing the relevance of digital mindfulness in today’s connected world.

Commenting on the performance, Shyam Motwani, Business Head, Locks & Architectural Solutions, Godrej Enterprises Group, noted that 2025 has been a year of focused innovation, digital transformation, and strategic expansion. He emphasised that the company’s growth is being driven by trust, relevance, and the ability to make smart security solutions accessible to Indian households across geographies. With strong momentum in digital locks, expanding online channels, and deeper penetration into emerging markets, the business is well positioned for sustained growth in the coming years.

Looking ahead, Godrej Locks & Architectural Solutions remains aligned with its long-term vision of doubling revenues by 2028, with aspirations of reaching ₹2,500 crore, supported by continued product innovation, Make-in-India manufacturing, and deeper consumer engagement. With a robust roadmap for 2026 and beyond, the brand is set to play a defining role in shaping the future of smart home safety and architectural solutions in India.

IREDA Strengthens Finance and Audit Leadership with Key Appointments

Mumbai, Jan 01st:  Indian Renewable Energy Development Agency Ltd. (IREDA) has announced key senior-level appointments aimed at further strengthening its financial management and corporate governance.

Shri Tusarkant Parida has joined IREDA as Executive Director (Finance & Accounts), while Shri Jagdeep Singh has assumed charge as General Manager (Finance & Accounts) today.

The Board of Directors in its meeting held today appointed Shri Jagdeep Singh as Head of Internal Audit and Internal Auditor of the company. His tenure in the said post will be effective from 1st January 2026 to 31st December 2028, or until further orders, whichever is earlier. The appointment follows the superannuation of Shri A. Chandrashekar, General Manager (Finance & Accounts), who was earlier heading the Internal Audit function.

Shri Jagdeep Singh is a commerce graduate (Honours) from Delhi University and a Member of the Institute of Cost and Management Accountants of India. He brings with him over 27 years of professional experience across both public and private sector organisations, including BSNL, Tata Communications Ltd., Airtel, Idea Cellular and Aircel.

Shri Tusarkant Parida holds a Bachelor’s degree in Commerce (Honours) from Utkal University and is a Member of the Institute of Chartered Accountants of India. With more than 24 years of experience, he has served organisations such as Power Finance Corporation, Corporation Bank, BSNL and SRB & Associates.

Welcoming the appointments, Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, said, “These appointments reflect IREDA’s continued focus on strengthening financial discipline, highest standards of corporate governance and risk management. The experience and leadership brought in by these officers will further support the organisation’s growing role in financing India’s renewable energy transition.”

IREDA continues to align its internal processes with best practices to ensure transparency, accountability and sustainable growth.

ROHL Expands Strategic Presence in Gujarat with the Launch of Regenta Z Vadodara

Bengaluru, Jan 01st: Royal Orchid Hotels Ltd. (ROHL) has announced the successful launch of its newest property, Regenta Z Vadodara, in Gujarat. This launch signifies a major milestone for the group as it marks their fourth property in the city, following the established presence of Royal Orchid Central, Regenta Inn, and Regenta Fairlark. The expansion is a key component of ROHL’s strategy to strengthen its footprint in high-growth urban markets through its specialized brand architecture.

Regenta Z is a newly introduced brand by Royal Orchid designed to cater to the evolving preferences of modern travelers, specifically focusing on a Gen Z and millennial audience who value youthful energy, digital-first convenience, and modern hospitality at an affordable price point.

Strategically located in Alkapuri, Regenta Z Vadodara is situated in one of the city’s most prominent, well-planned, and upscale residential and commercial neighborhoods. Known for its seamless mix of modern amenities and lush greenery, Alkapuri offers a sought-after environment for shopping, dining, and business. The hotel provides excellent connectivity, located just 1 km from the Vadodara Railway Station and central bus stand, and 7 km from Vadodara International Airport. Furthermore, the property serves as an ideal transit point for tourists, as it is located on the way to the iconic Statue of Unity (SOU), which is just 86 km away.

The new property features 36 thoughtfully designed keys, including 02 Studio Suites, providing a blend of modern elegance and functional comfort. Guests can enjoy various amenities including Burgundy Cafe, an in-house dining destination serving global cuisines, and the Orchid Meeting Room, a 900 sq. ft. versatile space ideal for corporate meetings and social gatherings.

Commenting on the launch, Arjun Baljee, President, Royal Orchid Hotels Ltd., said, “The launch of Regenta Z Vadodara is a significant step in our ‘2030 expansion roadmap’ as we introduce our first Gen Z-focused brand in Gujarat. Vadodara is a city of rich cultural heritage and rapid industrial growth. By adding a fourth property here, we are ensuring that we cater to every segment of traveler—from luxury seekers to the value-conscious modern explorer. We are committed to providing the same warmth and genuine hospitality that the Royal Orchid brand is known for, now in a more youthful and energetic format.”

Representing the ownership, the Suryavanshi family stated, “We are thrilled to collaborate with Royal Orchid Hotels to introduce a high-quality hospitality experience in Vadodara. This property has been crafted to offer a blend of modern elegance and comfort that aligns perfectly with the upscale character of Alkapuri. We look forward to welcoming travelers, families, and business professionals to a stay that is both enriching and memorable, serving as a gateway to the city’s landmarks and the Statue of Unity.”

The hotel’s prime location also offers easy access to the city’s major attractions, being just 3 km away from the historic Lukshmi Vilas Palace and the Sayaji Baug Zoo.

Ambuja Cements’ Integrated CSR Interventions Transform Entire Family’s Future in Marwar Mundwa

Chandigarh, Jan 01st:  Ambuja Cements, the 9th largest building materials solutions company globally, and part of the diversified Adani Portfolio, continues to transform rural lives through its integrated CSR interventions. The story of Mr. Mehboob Ali and his family from Marwar Mundwa, Rajasthan, stands as a powerful example of how access to skills, livelihood opportunities, and basic infrastructure can drive lasting change. 

Mehboob’s family depended entirely on rain-fed farming on just 1 bigha (0.160 Ha) of land. To meet the family’s basic needs, Mehboob also worked as a daily wage labourer. Determined to improve his livelihood, Mehboob enrolled in the three-month ‘Mason Training Course’ in 2005 at the Skill and Entrepreneurship Development Institute (SEDI), Nagaur, supported by Ambuja Cements’ CSR arm. After completing the training, he began working as a small civil contractor, gradually growing his business and today earns around ₹50,000 per month, continuing to associate with Ambuja Foundation as a contractor in community projects. 

In 2015, the family benefited with a 5,000-litre Rooftop Rainwater Harvesting Structure (RRWHS), ensuring year-round access to clean drinking water and eliminating the hardship of fetching water from distant ponds by the women of the family. 

The same year, Mehboob’s elder son, Aslam, completed training in the ‘Retail Associate’ trade at SEDI Nagaur and now working at Ambuja Cements’ Marwar Mundwa Plant, earning ₹18,000 monthly. His younger son, Azruddin, is currently undergoing skill training in ‘Assistant Electrician’ trade at SEDI Nagaur to start his own career soon as an electrician. Meanwhile, Mehboob’s wife, Mrs. Kheruna, joined the ‘Firoza’ Self-Help Group (SHG) in 2020 and revived their traditional cotton quilt business. With a small loan amount of Rs. 30,000, she began producing quilts and mattresses, and supplementing her income through stitching work. 

Today, every adult member of the Mehboob family is skilled and financially independent, reflecting the transformative impact of Ambuja Cements’ multi-sectoral CSR approach. By integrating livelihood enhancement, women empowerment, and water sustainability, Ambuja Cements continues to build resilient and self-reliant rural communities across India.

Bharat Forge Limited (BFL) signs its largest Small Arms Contract with Ministry of Defence for Supply of Indigenously Designed and Developed CQB Carbine (5.56 x 45 mm)

Chandigarh, Jan 01st: The Indian MoD has awarded Bharat Forge Limited (BFL) a Rs. 1,661.9 crores contract for supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army. The contract signed on 30th December, 2025, sets forth order execution within five years. The 5.56 x 45 mm CQB Carbine is an indigenously designed, developed, and manufactured (IDDM) compact firearm jointly developed by Armament Research & Development Establishment (ARDE), DRDO and Bharat Forge Ltd., Pune. Aligned with the Atmanirbhar Bharat mission, we – BFL, and our wholly- owned defence subsidiary Kalyani Strategic Systems Limited (KSSL), remain dedicated to equipping the Indian Armed Forces with ‘Made in India’ advanced defence equipment and platforms.

Abakkus Mutual Fund raises INR 2,468 cr during NFO period of its maiden fund

Mumbai, Jan 1, 2026: Abakkus Mutual Fund has cited that the new fund offer (NFO) of their maiden fund – Abakkus Flexi Cap Fund, which opened on December 8, 2025 and closed on December 22, 2025, secured assets under management (AUM) with the subscription value of ₹2,468 crores. This is a reflection of strong interest from investors across the country, recording participation from nearly 5,518 pin codes from across 2,000 cities. About 36,688 retail and 1,060 institutional investors subscribed the flexi cap fund during the NFO period. To bring investment inclusivity and business scalability, Abakkus Mutual Fund has built an extensive network of 4,700 empanelled distributors.

Vaiibhavv Chugh, Chief Executive Officer, Abakkus Investment Managers Private Limited said, “Favourable reception from investors across the country for our maiden fund is a testament of strong brand capital of Abakkus Group and trust built through prudent advisory offered by our sales team & distributors during the NFO period of Abakkus Flexi Cap Fund. Our portfolio construction is true to label flexi cap product with diverse spread across market cap classifications and appropriate allocation to the conviction ideas. We will be aiming to launch more funds in the coming years.”

The Abakkus Flexi Cap Fund is managed by Sanjay Doshi, Head of Investments and Research, and re-opened for investments from December 30 2025, available in both regular and direct plans.

Sanjay Doshi, Head of Investments & Research, Abakkus AMC said, “Our flexi cap fund will be aligned to market conditions offering right balance of allocation across large, mid and small caps. The fund will have notable allocation to conviction ideas and will be supported by a well-defined risk management framework aligned to long term wealth creation.”

The equity scheme invests across large, mid and small cap stocks, offering portfolio flexibility across market capitalisations. The fund is benchmarked against the BSE 500 TRI and will invest a minimum of 65 percent of its assets in equities and equity-related instruments, with the balance allocated to debt, money market instruments, and up to 10 percent in REITs and InvITs.

All schemes under Abakkus Mutual Fund will follow the in-house MEETS framework, which focuses on Management pedigree and track record, Earnings quality and the ability of companies to multiply profits, Events/Trends that affect or disrupt operations, Timing of investment at reasonable pricing and Structural aspects like size of the opportunity and competitive positioning.