Mumbai, October 14: Liquid cooling systems and flexible flow solutions manufacturer Aeroflux Industries Limited has announced a plan to invest ₹202 crore to expand its manufacturing capabilities. The board of directors approved the investment at its meeting on Wednesday, as the company aims to capitalize on surging global and domestic demand for high-density data center infrastructure, artificial intelligence (AI) thermal management systems, and specialized industrial applications. The phased expansion is expected to be completed by March 2028, will be used to expand manufacturing of SS Hose and Braiding capacity to 30 million meters pa from 20 million currently, while its…
Author: Abizar Attari
This Mental Health Day, we spoke to leading mental health professionals to understand what they wished people knew about mental health and how the challenge is widely ignored and misunderstood to date. These professionals explained what the day meant to them, both professionally and personally- and what they’d like to change about attitudes around the challenge. Dr. Garima Gaur, Chief Wellness Officer, The Wellness Co Mental health is one of the most important, yet often overlooked, pillars of longevity. Our psychological wellbeing, sleep, ability to manage stress, and even the gut-brain connection can profoundly influence our physical health and quality…
Washington, D.C., October 9: The United States Department of Labor has officially suspended eight major technology and global IT services firms from participating in the Permanent Labor Certification (PERM) program, Vice President JD Vance announced on X. This action halts new permanent residency (green card) filings even as the administration continues to investigate systemic H-1B visa fraud and the alleged displacement of American tech workers. With this suspension, US tech companies Microsoft, Adobe and Indian IT majors Infosys, TCS, Wipro, HCL, Cognizant and Capgemini have been barred from filing new PERM applications, effectively scuttling their plans to hire qualified foreign…
On a hot, sunny day, after playing at the neighbourhood maidan, a group of young teenagers troops into a roadside joint to recharge themselves after a tiring day. This means having a light snack and, most importantly, a beverage to cool your body down. For them, choosing the right drink is also associated with boosting energy, as many of the cola brands are marketed. Subconsciously, they tend towards brands that promise an instant boost of energy, and that remains the core argument for Campa Cola, PepsiCo and Monster India against the Food Safety and Standards Authority of India (FSSAI)’s ban…
Indians are living in hope, hoping for returns from promises that are increasingly more dependent on hype than hope. This comes at a time when the stock market hasn’t delivered a positive return in two years, but domestic investors believing in India’s growth story nevertheless. “The broader market has been steadily falling. The numbers may not fully show it, but it certainly feels like a bear market. IPOs, on the other hand, are a full-on party. Most recent listings have done well, and you can see it in the rush of activity. I don’t remember the last time we saw…
New Delhi, October 7: The Union Cabinet has approved the establishment of the Integrated Transport & Logistics Authority (ITLA) to plan, monitor and coordinate freight and transit networks across the country, PM Modi tweeted. The Cabinet has approved the setting up of the Integrated Transport & Logistics Authority (ITLA) to bring greater coordination, data-led planning and multimodal integration across India’s transport ecosystem. This will have a wide-ranging impact on our growth trajectory. https://t.co/6jvuQD8k9g — Narendra Modi (@narendramodi) October 6, 2026 Established as a Special Purpose Vehicle (SPV), the ITLA will be responsible for treamline logistics operations, eliminate inter-agency bottlenecks, and…
India is still just at 3.2% in the global manufacturing value addition, just from 1.5% since the Make In India initiative launched in 2014, according to a NITI Aayog report. Despite having the world’s largest population, India still trails China and other emerging economies in manufacturing capabilities. Despite its flaws, the Make In India initiative has helped accelerate industrial growth. It started with low margin assembly, but moved towards self sufficiency and to serve global demand through a distributed supply chain. Here are four sectors that have defined this shift, and what they are aiming to do to address it. …
Mumbai, October 2: Leading aluminium producer Hindalco Industries has mutually agreed to call off its proposed $125 million acquisition of US based AluChem Companies due to extended delays that both companies could not control. The transaction has been formally terminated on October 1, 2026 the company said in a regulatory disclosure. The acquisition was originally announced in June 2025 with a value of $125 million. This would have helped Hindalco boost its presence in the specialty alumina segment, offering it better margins. Over the 16-month period, both companies have encountered extensive delays and administrative bottlenecks, forcing them to terminate their…
Mumbai, October 2: Symbiotec Pharmalab’s shares surged nearly 6% after its wholly owned subsidiary, Knovea Pharmaceuticals, secured an exclusive partnership with a leading unnamed pharma firm to commercialise and distribute two of its injectable products in the United States. Under the terms of the deal, Knovea Pharmaceuticals will retain full control over the product development, long term manufacturing and regulatory filings for the products while the global partner will be responsible for marketing, sales and commercial distribution across the US healthcare market. This collaboration is aimed at delivering milestone payments to Knovea across key project phases, including product development, regulatory…
Mumbai, October 2: After more than a month of uncertainty, HDFC Bank has named Anup Bagchi, a veteran from ICICI Bank Group, as its next Managing Director and CEO. The Reserve Bank of India (RBI) approved his three-year term starting October 27, 2026. He will take over from Sashidhar Jagdishan, who decided not to seek another term. Following the central bank’s nod, HDFC Bank’s board has approved Bagchi’s appointment, effective October 2, for a three-year term. For HDFC Bank’s investors, this appointment is positive news, as the delay in appointing the CEO was affecting the bank’s standing on the…

