Category: Business

LIC Gets RBI Green Light to Raise ICICI Bank Stake to 9.99 pc

New Delhi, Sep 5: The Reserve Bank of India (RBI) has approved the Life Insurance Corporation of India (LIC) to acquire up to 9.99 per cent of the paid-up share capital or voting rights in ICICI Bank, marking a significant development in the country’s banking and financial services sector.

The approval allows LIC to increase its exposure to one of India’s leading private sector banks, subject to applicable regulatory requirements.

The move highlights the growing importance of institutional investment in India’s banking sector. LIC, one of the country’s largest financial institutions, has a substantial investment portfolio and its increased participation in ICICI Bank could further strengthen its position in the private banking space.

For ICICI Bank, the development brings greater participation from a major domestic institutional investor. A higher institutional holding can also contribute to deeper market participation and reinforce investor confidence in the bank.

The RBI approval, however, only permits LIC to raise its aggregate holding up to the 9.99 per cent limit. Any increase in the actual shareholding will remain subject to applicable banking, securities and foreign-exchange regulations.

The development comes as India’s financial sector continues to expand alongside strong domestic economic activity. Greater institutional participation in banks can support the broader financial ecosystem by strengthening investment flows and improving the depth of the capital market.

For LIC, the approval provides additional flexibility to increase its investment in the banking sector, while for ICICI Bank, it represents an opportunity to have continued participation from a major long-term domestic investor.

Overall, the move underlines the increasing role of large institutional investors in India’s financial markets and comes at a time when the country’s banking sector remains a key driver of credit, investment and economic activity.

Rising Electronics Content in Cars Opens Major Growth Opportunity for Indian Auto Industry

New Delhi, Sep 5: Electronics are becoming an increasingly important part of modern vehicles, and this shift could create a major growth opportunity for India’s auto-component industry over the next few years.

According to the BCG-ACMA report, electronics could account for 45-55 per cent of a vehicle’s cost by 2030, compared with around 30-35 per cent in 2020. The rise is being driven by connected features, advanced safety systems, sensors, infotainment, electric powertrains and other technology.

For India, the opportunity is significant because electrical and electronic components accounted for only about 12 per cent of domestic auto-component supply by value in FY25. This leaves considerable room for Indian suppliers to increase their presence in a rapidly expanding part of the vehicle value chain.

The report points to growing demand for products such as sensors, electronic control units, power electronics, connectivity systems, battery-management systems and advanced safety technologies. As vehicles become more software-driven, suppliers will also need stronger capabilities in electronics, software and engineering.

Safety technology is already gaining ground in India. The penetration of advanced driver-assistance systems in new passenger vehicles increased from less than 1 per cent in 2021 to around 8 per cent in 2025, adding to demand for electronic safety components.

Electrification is creating another major market. Electric vehicle registrations across categories increased from around 1.4 lakh in FY21 to about 25 lakh in FY26, increasing demand for batteries, electric motors, power electronics and thermal-management systems.

The auto-component industry itself has expanded strongly, reaching around $80 billion in FY25, and is targeting about $200 billion by 2030. Exports have also increased, with the industry aiming to significantly expand its presence in global supply chains.

However, the transition will require greater investment in technology and skills. The report highlights that many Indian suppliers still depend on external companies for product designs, while shortages of talent in electronics, software and mechatronics remain a challenge.

For Indian manufacturers, deeper localisation of automotive electronics could reduce dependence on imports while allowing domestic companies to capture a larger share of the value created by new vehicle technologies.

The shift could also support investment, skilled employment, research and development and exports. With the global automobile industry becoming increasingly electronic and technology-driven, building domestic capabilities in this area could become an important part of India’s next phase of automotive growth.

RVNL Emerges L1 for EPC Package for Third-Line Works in Odisha

New Delhi, Sep 05: Rail Vikas Nigam Limited, a Navratna CPSE under the Ministry of Railways, has emerged as the Lowest Bidder for an EPC package valued at INR 404.88 crore, including GST, from East Coast Railway for varied railway infrastructure works between Khurda Road and Gangadharpur section in Odisha.
 
The works are being undertaken in connection with the execution of the thirdline works between Nergundi–Barang and Khurda Road–Vizianagaram in Odisha on 385-kilometre Bhadrak–Vizianagaram Section spanning Odisha and Andhra Pradesh.
 
The package involved execution of Roadbed, Minor Bridges, Major Bridges RUBs/LHS, Building Works, Supply of Ballast, P. Way Linking and Other Allied Works including Utility Shifting of S&T and Electrification Works such as General Service Works including Power Supply Arrangements, Shifting and Modification of HT and LT Lines Between Khurda Road – Gangadharpur.
 
The latest L1 further strengthens RVNL’s role in the development of critical railway infrastructure and capacity enhancement along the Bhadrak–Vizianagaram corridor. RVNL is also executing a separate ₹967.93-crore EPC contract for construction of four important bridges under the same project in this corridor.
 
The construction of additional Railway lines on this Bhadrak–Vizianagaram Section will increase capacity along this critical rail corridor, enable the smoother and more efficient movement of passenger and freight traffic, and alleviate congestion on the existing network. It will also improve connectivity between the eastern and southern regions, support expanding economic and industrial activity, and enhance the overall operational efficiency and resilience of the railway network.
 
Commenting on the development, Shri Saleem Ahmad, Chairman and Managing Director (CMD), RVNL, said:
“The expansion and modernisation of railway infrastructure is essential for supporting India’s growing mobility and freight requirements. RVNL remains committed to partnering with Indian Railways in strengthening critical rail corridors through quality, safe and timely execution. This project reflects RVNL’s capability to undertake integrated infrastructure works across multiple disciplines and contribute to the development of a more efficient and future-ready railway network.”

SAIL Achieves Record August Steel Production, Sales Jump 13 percent as Borrowings Fall by Rs 870 Crore

State-owned steel giant Steel Authority of India Limited (SAIL) has delivered one of its strongest monthly performances in recent years, posting record production and double-digit sales growth in August 2026. The Maharatna PSU achieved its highest-ever August output of hot metal, crude steel and saleable steel, while robust domestic demand and improved retail sales helped push overall sales volumes to 1.87 million tonnes. The performance further strengthens SAIL’s position as one of the key drivers of India’s expanding steel consumption story.

SAIL’s production numbers reflected strong operational momentum across its integrated steel plants. Crude steel production increased 8% year-on-year to 1.68 million tonnes, while hot metal production rose 9% to 1.78 million tonnes. Saleable steel production also edged up to 1.69 million tonnes, marking a new August record for the company. The growth comes as India’s infrastructure, construction and manufacturing sectors continue to generate healthy demand for domestically produced steel.

SAIL Achieves Record August Steel Production, Sales Jump 13 percent as Borrowings Fall by ₹870 Crore

The company also reported an impressive commercial performance during the month. Overall steel sales surged 13% year-on-year to 1.871 million tonnes, compared with 1.654 million tonnes in August last year, supported by strong demand across Tier-1 and Tier-2 retail markets. Cash collections jumped 23%, reflecting better customer realisations and disciplined commercial execution. SAIL also recorded its highest-ever August sales in value-added steel products, including cold rolled, galvanized and alloy steel, while reducing inventory levels through faster supply-chain movement and improved market servicing.

SAIL’s growth was also visible in its supplies to the railway sector, a major consumer of long steel products. Rail supplies to Indian Railways increased 5% to 1.23 lakh tonnes, while supplies of long rails touched an all-time monthly high of 1.12 lakh tonnes, registering 11% growth over the corresponding period last year. On the financial front, the company reduced its borrowings by ₹870 crore compared to its position on March 31, 2026, strengthening its balance sheet and improving financial flexibility.

The strong performance extended beyond August. During the April-August 2026 period, SAIL’s cumulative steel sales reached 7.71 million tonnes, up 5.6% over the same period last year despite global market volatility and fluctuating steel prices. Higher sales of finished and processed steel, an improved product mix and wider regional market penetration helped sustain growth during the five-month period.

Commenting on the company’s performance, Dr. A.K. Panda, Chairman and Managing Director, SAIL, said the results demonstrate a strong alignment between operational efficiency, commercial execution and financial discipline. He added that ongoing expansion projects, improving domestic demand and India’s long-term infrastructure push position SAIL to accelerate growth while making a significant contribution to the country’s rising steel consumption and manufacturing ambitions.

Lenovo Advances Hybrid AI Across New Personal and Enterprise Technology

Lenovo Advances Hybrid AI Across New Personal and Enterprise Technology

Business Wire India

Today at Lenovo™ Innovation World during IFA 2026, Lenovo unveiled a new portfolio of personal and enterprise technology, showing how its Hybrid AI strategy is moving from vision to practical experiences across devices, infrastructure, services, and the everyday moments that connect them.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260903555953/en/

 

 

Lenovo Innovation World at IFA 2026

Lenovo Innovation World at IFA 2026

 

The announcements bring together Lenovo’s “one personal AI, multiple devices” approach with enterprise technology that helps organizations turn data into insights and value. They span personal AI across PCs, smartphones, tablets, and wearables; creator and consumer devices that adapt to different ways of working and expressing ideas; and business technology built for AI-enabled productivity, collaboration, security, and scale.

 

Lenovo also demonstrated how design and form factor remain central to making technology more useful: from high-performance local AI systems and pen-first tablets to colorful consumer laptops, flexible business devices, and concepts that rethink mobility and workspace.

 

 

Major announcements include:

 

 

  • Lenovo & Motorola Qira: Expands support across more eligible PCs, Motorola devices, applications, services, and—through moto watch ultra—the first Motorola wearable to support Lenovo and Motorola Qira on compatible devices1*.
  • Yoga: NVIDIA RTX Spark-powered creator laptops, new AI tablets, and Lenovo Smart Canvas Concept for connected creative workflows.
  • Idea: The expressive IdeaPad Vibe series and the IdeaCentre AIO i, broadening choice in consumer PCs through distinctive design, vibrant colors, and everyday AI experiences.
  • Think: New ThinkCentre desktops, ThinkBook laptops, ThinkVision displays, and ThinkShield security innovations for businesses at different stages of AI adoption.
  • Proofs of concept: Project AeroBlade Concept and Project Swan Concept, exploring new possibilities for lightweight, adaptable mobile computing.
  • Motorola: motorola edge 70 plus, moto watch ultra, moto snap wireless charger, and motorola razr with Crystals by Swarovski®.

 

 

“AI is changing the relationship between people and technology. People don’t wake up thinking about apps, they think about what they want to accomplish,” said Luca Rossi, President of Intelligent Devices Group, Lenovo. “We’re showing how Hybrid AI can help make that shift real by bringing intelligence together across devices, the edge, and the cloud, so it can work in the right place at the right time. Across our new Lenovo and Motorola portfolio, we’re building the foundations for one personal AI that can move with people, while helping businesses put AI to work where their data already lives.”

 

One Personal AI, Multiple Devices

 

 

Lenovo & Motorola Qira is expanding across more devices, apps, and markets, bringing Lenovo’s personal ambient intelligence to a broader device ecosystem. Eligible Lenovo PCs with 16GB of memory gain support, broadening access beyond higher-memory configurations. Eligible edge, razr and signature devices will also gain Motorola Qira as they receive the Android 17 upgrade, and the new moto watch ultra will be the first wearable to support Motorola Qira1*.

 

 

Through Lenovo’s new collaboration with Workato, supported Qira experiences2* are also expanding across Gmail, Google Calendar, Google Contacts, Slack, Outlook Mail, and Outlook Calendar—helping people move more naturally from intent to action across the services they use every day.

 

 

Learn more about Lenovo and Motorola Qira

 

 

Technology That Adapts to How People Create, Work, and Live

 

 

The new Yoga portfolio brings advanced local computing, natural input, and cross-device experiences to creators and developers. The Lenovo Yoga Pro 9n and Lenovo Yoga 9n 2-in-1 introduce NVIDIA® RTX™ Spark™ to premium Yoga designs, while Yoga Tab Plus Gen 2 and Yoga Tab Gen 2 extend the portfolio’s pen-first approach to Android tablets. Lenovo Smart Canvas Concept demonstrates how people could capture and develop ideas across compatible Lenovo devices through voice, pen, camera, and touch.

 

 

Learn more about the new Yoga portfolio

 

 

For consumers, Lenovo introduced the IdeaPad Vibe series and IdeaCentre AIO i. IdeaPad Vibe brings seven expressive color options, flexible configurations, and AI PC experiences to users who view their laptop as both an everyday tool and an extension of their personal style. The IdeaCentre AIO i extends that thoughtful, more personal approach to the home desktop, combining a redesigned all-in-one architecture with intelligent experiences for work, learning, and entertainment.

 

 

Learn more about the new Idea portfolio

 

 

Hybrid AI for the Next Phase of Business

 

 

Lenovo’s latest commercial portfolio helps organizations deploy Hybrid AI across the workplace. The ThinkCentre X Ultra and ThinkCentre M75 Series desktops bring scalable local AI performance to different business environments, while ThinkBook 14 Gen 9 and ThinkBook 14x Gen 2 give mobile professionals different paths to on-device AI, productivity, and premium mobility.

 

 

New ThinkVision displays are designed to make the modern workspace more connected and collaborative, combining visual performance with conferencing, docking, eye-comfort, and management capabilities. Lenovo also introduced ThinkShield TraceLock3*, powered by Absolute Security, and Prompt Security, a SentinelOne company, to help organizations maintain device visibility, control, and responsible AI governance.

 

 

Learn more about Lenovo’s new commercial portfolio, displays, and security innovations

 

 

Exploring What Comes Next

 

 

Lenovo’s proof-of-concept devices provide a look at how the next generation of business computing could become more mobile and adaptable. Project AeroBlade Concept explores sustained performance in an exceptionally thin, fanless mobile PC, while Project Swan Concept investigates a portable notebook that can expand into a wider workspace when users need more room to think, create, and collaborate.

 

 

Learn more about Lenovo’s latest proof-of-concept innovations

 

 

Motorola: Performance, Wellness, and Personal Style

 

 

Motorola introduced new devices designed around creativity, wellness, connection, and self-expression. motorola edge 70 plus combines a quad-curved design with a 200MP camera system4*, long-lasting battery, and Snapdragon® 7s Gen 3 Mobile Platform. The moto watch ultra brings together Polar fitness and wellness insights, Wear OS by Google™, LTE eSIM functionality5*, and Lenovo and Motorola Qira support on compatible devices1*. The moto snap wireless charger adds convenient wireless charging and magnetic case compatibility6* for select devices as well.

 

 

Learn more about the new Motorola device portfolio

 

 

Motorola also expanded its Brilliant Collection with motorola razr with Crystals by Swarovski, pairing the iconic razr flip design with a PANTONE Meteorite finish and hand-positioned Swarovski Crystals. This special edition device reflects Motorola’s broader approach to technology as a form of personal expression as well as a powerful everyday tool.

 

 

Learn more about motorola razr with Crystals by Swarovski

 

 

Smarter AI for All

 

 

Together, the announcements at Lenovo Innovation World 2026 show how Lenovo is advancing its Hybrid AI strategy across the full technology ecosystem: one personal AI across multiple devices, paired with enterprise AI that helps organizations use their own data more effectively. From initial inspiration to local creation, connected productivity, and secure deployment, Lenovo is creating technology designed to be more personal, more useful, and more adaptable to the people and organizations it serves.

 

 

Explore Lenovo Innovation World 2026 by clicking here

 

 

About Lenovo

 

 

Lenovo is a US$83 billion revenue global technology powerhouse, ranked #153 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Guided by its vision of “Smarter Technology for All”, Lenovo is executing a Hybrid AI strategy that spans Personal AI – one personal AI, multiple devices; and Enterprise AI – helping customers turn data into insights and value. This strategy is delivered through the Group’s commitment to world-class innovation and a full-stack AI portfolio, including devices, infrastructure solutions, software, solutions, and services. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). Learn more at www.lenovo.com and follow the latest news in our newsroom.

 

 

LENOVO, YOGA, IDEAPAD, IDEACENTRE, THINKPAD, THINKBOOK, THINKVISION, THINKCENTRE, THINKSHIELD, and LENOVO QIRA are trademarks of Lenovo. MOTOROLA, the Stylized M Logo, MOTO and the MOTO family of marks are trademarks of Motorola Trademark Holdings, LLC. All other trademarks are the property of their respective owners. ©2026 Lenovo Group Limited. ©2026 Motorola Mobility LLC. Google, Android, YouTube, Wear OS by Google, Google Maps, Gemini, Circle to Search and other marks are trademarks of Google LLC. Snapdragon is a trademark or registered trademark of Qualcomm Incorporated. Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries. The Pantone color reference and the PANTONE Chip Design are used with the permission of Pantone LLC. © Pantone LLC, 2026. All rights reserved. This is an authorized Pantone-licensed product manufactured by Motorola. Powered by Polar is a trademark of Polar Electro Oy, used by Motorola under license. Powered by Polar is a trademark of Polar Electro Oy, used by Motorola under license.

 

 

1 Available only on select configurations; not available on all models. Availability may vary by market, model, and configuration. Contact your local Lenovo representative or authorized reseller to confirm availability for a specific device. May require a Motorola account and an active connection to the Motorola Qira-compatible device.
2 AI features may require software updates, compatible hardware, internet connectivity, Microsoft account, or supported applications. Feature availability varies by market, language, and device configuration.
3 ThinkShield TraceLock is compatible on select ThinkPad X1, X and T-series with Absolute software bundles.
4 The 200MP sensor combines 16 pixels into 1, for an effective photo resolution of 12.5MP.
5 “Requires a connection. Usage rates may apply. Contact your service provider for more details. Carrier fees, plan requirements, and availability may vary by region.
6 Requires a compatible magnetic charging case which is sold separately. Use of a magnetic case may reduce charging speeds.

 

 

Lenovo Advances Hybrid AI Across New Personal and Enterprise Technology

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260903555953/en/

 

Lenovo Advances Hybrid AI Across New Personal and Enterprise Technology

Grupo Salinas Selects Integral Digital to Power Coinpro's Institutional Digital Asset Trading Desk

Grupo Salinas Selects Integral Digital to Power Coinpro’s Institutional Digital Asset Trading Desk

Business Wire India

  • COINPRO will use Integral’s technology to aggregate liquidity, automate pricing and support wholesale transactions between digital assets and fiat currencies

Integral, a leading currency technology provider, today announced that Grupo Salinas, through COINPRO, has selected Integral Digital as the technology infrastructure for Coinpro’s institutional digital asset trading desk.

 

The desk is designed to serve corporate and institutional clients seeking to buy or sell digital assets against fiat currencies. Its wholesale model will support exchanges, digital asset companies and other businesses that require institutional pricing, liquidity and execution.

 

 

Integral Digital will provide Coinpro with a single environment for liquidity aggregation, price formation, order and position management, risk controls and real-time analytics across digital assets and fiat currencies.

 

 

By automating these functions, Coinpro will be able to quote and execute institutional transactions more efficiently and scale its operations as client demand grows.

 

 

The infrastructure may also support institutional use cases that require efficient conversion between digital assets and local currencies.

 

 

Carlos Díaz Alonso, General Manager of Comission- Based Business of Grupo Salinas, said: “Through Coinpro, Grupo Salinas is developing a specialized institutional capability for digital assets. We selected Integral because its technology brings liquidity, pricing, risk management and operational control into a highly automated workflow. This gives us the infrastructure needed to serve corporate and institutional clients with the speed and discipline this market requires.”

 

 

Harpal Sandhu, CEO of Integral, said: “Integral Digital enables global partners to seamlessly integrate digital assets into their institutional offerings while navigating market complexity. By combining cross-exchange aggregation with institutional-grade risk management, Integral bridges the gap between client demand and operational requirements. Grupo Salinas is a pioneer in Latin American financial innovation, and we are thrilled to support their execution.”

 

 

About COINPRO

 

 

COINPRO is Grupo Salinas’s digital asset and blockchain infrastructure platform, enabling cryptocurrency services and next-generation financial solutions across the Grupo’s ecosystem. COINPRO connects traditional financial rails with the digital economy, creating more efficient, scalable and borderless ways to move and manage value.

 

 

About Grupo Salinas

 

 

Grupo Salinas (www.gruposalinas.com) is a group of dynamic, fast growing, and technologically advanced companies focused on creating economic value through market innovation and goods and services that improve the lives of its customers, social value –with the creation of capacities in society to improve their living conditions– and environmental value –by mitigating negative impacts of its value chain. By bringing well-being to all levels of society, Grupo Salinas fosters the development of the countries where it operates.

 

 

Created by entrepreneur Ricardo B. Salinas (www.ricardosalinas.com), Grupo Salinas operates as a forum to develop entrepreneurial ability and support decision-making among the executives who lead Group’s member firms: TV Azteca (www.azteca.com;https://www.irtvazteca.com/), Grupo Elektra (www.grupoelektra.com.mx;www.elektra.com), Banco Azteca (www.bancoazteca.com.mx), Totalplay (www.totalplay.com.mx), among others. The Group shares a common vision, values and strategies to achieve rapid growth, superior results and world-class performance.

 

 

About Integral

 

 

Integral is the currency technology partner to hundreds of financial institutions, including banks, brokers, investors and cross-border payment companies, who have embedded Integral’s technology in their workflows and customer-facing services.

 

 

Adopted first by the financial markets and now integrated across all industries – our embedded FX and crypto services are solving the currency challenges faced every global organization. Founded in 1993, we support customers from our offices in Palo Alto, New York, London, Tokyo, Singapore and Bengaluru.

 

 

Additional information is available at www.integral.com.

 

 

©2026 Integral Development Corp. All rights reserved. Integral technology is protected under U.S. patents and patent-pending applications and related intellectual property rights.

 

 

Grupo Salinas Selects Integral Digital to Power Coinpro's Institutional Digital Asset Trading Desk

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260903365815/en/

 

Grupo Salinas Selects Integral Digital to Power Coinpro's Institutional Digital Asset Trading Desk

Niharika Singhania Delivers Stellar Performance at Brussels Stephex Masters With a Clear Round at 1.45m and Finishing Sixth in a CSI2* Grand Prix Represents a Significant Level of International Performance

Niharika Singhania Delivers Stellar Performance at Brussels Stephex Masters With a Clear Round at 1.45m and Finishing Sixth in a CSI2* Grand Prix Represents a Significant Level of International Performance

Business Wire India

Key Highlights:

  • Breaking Barriers: Niharika Singhania continues to shatter glass ceilings as a prominent female equestrian athlete, earning respect and commanding elite arenas in a traditionally male-dominated sport.
  • Double International Accolades: Honoured with two prestigious international awards, recognizing her skill, resilience, and rapid emergence on the global stage.
  • Elite European Results: Delivered a clear first round on 29 August in the 1.45m CSI2 Grand Prix at the Brussels Stephex Masters with First To Cash Out, wrapping up a sixth-place result amidst world-class competition.
  • Championing Female Excellence in a Traditionally Male-Dominated Sport

In a sport where male athletes historically dominate, 19-year-old Indian equestrian Niharika Singhania is proving that vision and skill transcend traditional boundaries. Cementing her status as one of India’s most extraordinary sportswomen, Niharika – who added two major International accolades to her record last year – delivered a stellar performance at the prestigious Brussels Stephex Masters in Belgium on 29 August 2026. Competing against a strong international field, the 19-year-old produced an impressive clear first round over the demanding 1.45m course with her Asian Games partner First To Cash Out to earn a place in the jump-off. Completing the jump-off in 43.65 seconds with eight faults to take a sixth-place finish.

Niharika’s exceptional consistency earned her a coveted selection for this year’s Asian Games team – a landmark milestone for the young athlete – before her competitive show-jumping category was unfortunately dropped prior to the Games. Undeterred by the administrative decision, Niharika continues to let her performances speak. She is the youngest and only woman in India’s four-member show jumping team and that makes her journey more about the visibility of women in sport where access to horses, international competition and sustained training is demanding. Niharika has spoken openly about wanting to inspire younger girls to take up the sport and compete at the highest level.

Speaking on her performance, Niharika Singhania said, “Honestly, I think it’s something I can be really proud of my team and myself for. To have this kind of result in a 2* Grand Prix, and especially in Brussels, which is such a prestigious venue, is a dream. Cash is just such an incredible horse, and I’m so grateful to have him as my partner. More than anything, it’s just an extremely satisfying feeling for me to be able to put the Indian flag up there in the rankings in such a European-dominated field at this level.”

Niharika’s performance in Brussels also brings into sharp focus the question of how India identifies, supports and develops its leading equestrian athletes for major international competitions. The Brussels Stephex Masters is one of Europe’s important international show-jumping events, attracting riders and horses from across the world. Producing a clear round at 1.45m and finishing sixth in a CSI2* Grand Prix represents a significant level of international performance for a 19-year-old Indian athlete.

Yashaan Khambatta, Coach of Niharika Singhania, said, “Niharika’s stellar performance and finish in the 1.45m CSI2* Grand Prix at Brussels Stephex Masters is a very significant result for a 19-year-old Indian rider. The clear first round demonstrates both her ability and her growing confidence with First To Cash Out. What is particularly encouraging is how quickly she has developed this partnership and adapted to the demands of international competition. Stephex Masters has reinforced our belief in her potential. Our focus now is on building consistency, gaining more international experience & Victory for the tricolour.”

Niharika’s stellar performance is not merely a result on a scoreboard. It is evidence of the potential of India’s young equestrian talent and a reminder of why promising athletes must be given every opportunity to compete, develop and represent the country at the highest level.

Niharika Singhania Delivers Stellar Performance at Brussels Stephex Masters With a Clear Round at 1.45m and Finishing Sixth in a CSI2* Grand Prix Represents a Significant Level of International Performance

Malaysian Palm Oil Exports Slip as Indian Demand Cools in August

Kuala Lumpur, Sep 4: Malaysia’s palm oil exports weakened in August as softer demand from India weighed on shipments, highlighting growing pressure on the world’s edible-oil market even as palm oil prices remain close to a two-year high.

Malaysian Palm Oil Exports Slip as Indian Demand Cools in August

 Pic Credit: Pexel

Malaysia is estimated to have shipped around 1.3 million tonnes of palm oil in August, about 8 per cent lower than in July. At the same time, inventories are estimated to have risen nearly 6 per cent, reaching their highest level since January.

The decline in Indian purchases is significant for the global market because India is among the world’s largest edible-oil importers. A prolonged slowdown in buying could leave Malaysian exporters with larger inventories and increase competition for overseas markets.

For India, weaker palm oil imports could also influence the sourcing decisions of refiners and food companies. If palm oil remains expensive, businesses may increasingly compare it with alternatives such as soybean and sunflower oil, depending on relative prices and availability.

Palm oil prices have gained around 7 per cent in the third quarter and are trading near their highest levels in about two years. The price strength comes despite weaker exports, reflecting concerns that global supplies could tighten in the months ahead.

Weather remains a key risk. The possibility of an El Niño pattern affecting palm production has raised concerns about future supplies, while Indonesia’s expanding use of palm oil for biofuel production could reduce the amount available for international trade.

Higher palm oil prices could also raise input costs for food manufacturers, particularly companies producing packaged foods, snacks, bakery products and other items that use vegetable oils. For consumers, any sustained increase in edible-oil costs could eventually add pressure to household food budgets.

The combination of weaker Indian demand and rising Malaysian inventories may create some short-term pressure on the market. However, potential production disruptions and stronger biofuel demand could limit any significant decline in prices.

Market participants will now watch Indian buying, Malaysian inventory levels and weather conditions closely. The direction of these factors will determine whether the current weakness in exports develops into a broader slowdown or proves to be a temporary pause in demand.

Second Point S campus to help workshops manage growth in a changing automotive industry

 For the second consecutive year, Point S welcomes young automotive leaders from nine countries to France. • Building on the success of the inaugural programme, the campus continues to prepare the next generation of family business leaders for a rapidly evolving automotive industry. • This year’s programme focuses on managing growth across people, teams, and business performance.
 

Sept 04: Independent tyre dealers and mechanical workshops will descend upon France for an exclusive conference aimed at preparing future leaders to manage growth in an automotive aftermarket shaped by technological change, evolving customer expectations, and increasing market competition.

Following the success of its inaugural event in 2025, Point S International is bringing together the next generation of automotive entrepreneurs with the second Next Generation Campus, taking place from 31st August to 4th September in Provence, France.

Second Point S campus to help workshops manage growth in a changing automotive industry

 
This year, the campus is centred around the theme of growth management, helping participants develop across four key areas: My Growth, Team Growth, Business Growth, and Brand Growth. Through a series of interactive sessions, attendees will strengthen their leadership and managerial capabilities, learn how to motivate and develop high-performing teams, improve customer satisfaction, monitor commercial and financial performance, and enhance the local digital visibility of their businesses to complement wider national and international marketing initiatives.

Participants from Germany, Belgium, Bulgaria, France, Italy, Norway, Slovakia, South Africa, and the UK will come together to share experiences and learn from industry experts while building lasting international relationships

Fabien Bouquet, CEO of Point S International, commented: “The independent sector, like many others, is undergoing an age of rapid digital transformation. New technologies, digital tools, and AI are changing the way workshops operate and engage with customers, but sustainable success depends on much more than technology alone. Strong leadership, motivated teams, good commercial management, and an exceptional customer experience remain the foundations of every successful business. Our role is to help the next generation develop the skills to grow across all of these areas with confidence.”

The campus is Point S International’s bespoke response to one of the industry’s most significant long-term challenges – preparing the next generation of family business leaders to succeed during a period of unprecedented technological and commercial transformation. While previous generations were able to build on relatively stable business models, today’s emerging leaders must navigate workforce shortages, changing customer expectations, digitalisation, electrification, and rapidly evolving vehicle technologies, while continuing to grow profitable, resilient businesses.

Participants represent three stages of the leadership journey: students preparing to join the family business, employees developing towards future leadership roles, and recent successors who have already taken over day-to-day management. Building on the foundations established during the inaugural campus, this year’s programme places greater emphasis on developing practical management skills that help leaders drive employee engagement, improve business performance, and support sustainable long-term growth.

The campus also continues to strengthen the growing community of young leaders across the Point S network. Alongside the formal programme, participants will build relationships through team activities, networking opportunities, and shared experiences, creating an international peer network that will continue long after the event concludes. Professional translation services will once again support collaboration across languages, ensuring participants can exchange ideas freely regardless of their country of origin.

Fabien Bouquet added: “Last year’s historic inaugural campus demonstrated the value of bringing together the next generation of leaders from across our European network. The challenges facing our industry continue to evolve, making it more important than ever that young business leaders develop the skills, knowledge, and connections needed to lead with confidence. By investing in their development today, we are helping ensure that our members remain strong, innovative and successful for generations to come.”

The second edition of the Next Generation Campus reinforces Point S’s long-term commitment to supporting its members beyond day-to-day business operations. By equipping future leaders with the leadership, commercial, and operational skills needed to manage growth, alongside an international network of peers, Point S is helping to safeguard the continued success of its independent tyre dealers and automotive service providers while preserving the entrepreneurial values that have defined the network for generations.

Nethradhama Super Speciality Eye Hospital Joins the 41st National Eye Donation Fortnight, Urges Citizens to Pledge and Bridge India's Corneal Donation Gap

Nethradhama Super Speciality Eye Hospital Joins the 41st National Eye Donation Fortnight, Urges Citizens to Pledge and Bridge India’s Corneal Donation Gap

Business Wire India

Nethradhama Super Speciality Eye Hospital is actively participating in the 41st National Eye Donation Fortnight (25 August to 8 September), an initiative led by the Ministry of Health & Family Welfare, to accelerate eye donation pledges and bridge the severe gap between the supply and demand for donor Corneas in India.

India is home to approximately 1.1 million people living with orneal blindness, yet only around 25,000 to 30,000 corneal transplants are performed each year. Despite 396 functional eye banks across the country and a 12 per cent rise in Cornea collections from 62,370 in 2022-23 to 69,848 in 2024-25 as recorded by the National Programme for Control of Blindness & Visual Impairment, the gap between need and availability remains wide.

As part of this year’s fortnight, Nethradhama is intensifying its public awareness efforts through community rallies, eye donation camps, talks at schools, colleges and corporates, and digital and on-ground myth-busting campaigns. The hospital also offers online pledge forms, e-pledge cards, a 24×7 eye bank hotline, and trained personnel for timely tissue collection across the city.

Dr. Sushmitha Sriganesh, Executive Director, Shraddha Eye Bank, and Chief Medical Officer, Shraddha Eye Care Trust, pointed to awareness and public understanding as the core of the problem. “India continues to face a significant burden of corneal blindness, with donor Cornea availability falling well short of the need. While the eye-banking ecosystem has strengthened, greater public awareness and informed family conversations are critical to closing this gap,” she said.

She also addressed the misconceptions that continue to hold potential donors back, and said: “Many people still fear that eye donation will disfigure the face, believe that only younger people can donate, or assume that conditions such as diabetes, hypertension or previous Cataract surgery make donation impossible. These are misconceptions. The eye bank carefully assesses the suitability of donated tissue, and eye donation is a dignified and respectful process.” Shraddha Eye Bank’s guidance further clarifies that spectacle wearers and people who have had LASIK surgery can also donate.

Beyond dispelling myths, Nethradhama emphasises that a pledge is only as strong as the family’s awareness of it. Dr. Supriya Sriganesh, Consultant, Cataract and Refractive Surgeon, and Executive Director, Nethradhama Super Speciality Eye Hospital, underscored the role families play in making donation possible. “Pledging your eyes is only the beginning. It is extremely important to tell your family about your decision so they can honour that wish when the time comes. A formal pledge is not the only route to donation; even if someone has not formally pledged, their family can still come forward and give consent if they know their loved one wished to donate, subject to the applicable process and medical assessment,” she said.

She added that the process itself is far simpler than most people assume, and said: “There is no cost involved for the donor family, and the retrieval process generally takes only 15 to 20 minutes, without significantly delaying funeral arrangements. Families should contact the nearest eye bank as soon as possible after death, ideally within six to eight hours, to enable timely assessment and retrieval. Ultimately, eye donation is a gift that you can continue to give even after death. All it takes is a decision to donate, a conversation with your family, and a timely call to the eye bank can give someone else the possibility of seeing again.”

Eye donation in Bangalore can be pledged online via Nethradhama’s Eye Donation page and registered with Shraddha Eye Bank, Jayanagar. As National Eye Donation Fortnight brings the issue into focus, Nethradhama continues to advocate for awareness that moves beyond one-time pledges and becomes part of everyday family conversations, so that a decision made in one home can become the gift of sight in another.

For pledges and enquiries:
Call: +91-8026634200
Email: eyebank@nethradhama.org

Nethradhama Super Speciality Eye Hospital Joins the 41st National Eye Donation Fortnight, Urges Citizens to Pledge and Bridge India's Corneal Donation Gap