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    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
    Airtel ends all prepaid mobile plans offering 1.5 GB data per day with unlimited calls
    ED arrests IBC resolution professional
    Mumbai cops bust fake documents racket; four arrested
    After nine years at helm, N Chandra to exit Tata Sons amid expansion, governance standoff
    RBI invites comments on the Draft “Reserve Bank of India (Interest Rates on Loans and Advances) Directions, 2026”
    Sensex falls 188 pts amid elevated crude oil prices; Tata Group stocks decline after N Chandra's exit
    SJM urges govt to stand firm against US tariff pressure, calls for boycott of American products
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Fair Trading Practices and Taking ‘Make in India’ from Local to Global
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman delivers keynote address at Seminar on “Role of the New Development Bank in M...
    Delhi HC halts processing of IT-returns of Supreme Court, high court judges
    Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interference
    Powering India's Energy Freedom
    Fourth Session of the India-Namibia Joint Trade Committee held in New Delhi
    Winning in the AI Era: The New Playbook for Indian Banks - Inaugural Address by Shri Sanjay Malhotra, Governor, Reserve Bank of India at the FIBAC 202...
    Assam Cabinet okays funds for land acquisition for Guwahati satellite city
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    August 13, 2026
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
    August 13, 2026
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    Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
    Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
    August 13, 2026
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    Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
    NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
    August 13, 2026
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    CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
    CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
    August 13, 2026
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    Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
    India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
    August 12, 2026
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    Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
    Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
    August 12, 2026
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    Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
    Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
    August 12, 2026
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    Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
    Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
    August 12, 2026
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    Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
    Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.
    August 12, 2026
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    Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
    Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
    August 12, 2026
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    Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
    Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
    August 12, 2026
    Show AI Summary
    Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
    Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
    August 12, 2026
    Show AI Summary
    Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
    Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
    August 12, 2026
    Show AI Summary
    Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
    Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
    August 12, 2026
    Show AI Summary
    Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
    Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.
    August 12, 2026
    Show AI Summary
    Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
    Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
    August 12, 2026
    Show AI Summary
    Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
    CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
    August 12, 2026
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    Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
    India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
    August 12, 2026
    Show AI Summary
    AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
    AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
    August 11, 2026
    Show AI Summary
    Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
    Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.

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      ASM NextGen Technical Campus Hosted 'AARAMBH 2025' to Welcome Its Inaugural Engineering Batch at Talegaon Dabhade, Pune

      October 15, 2025

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      PUNE, India, Oct. 15, 2025 /PRNewswire/ -- The ASM Group of Institutes, a pioneer in industry-integrated education for over four decades, opened a new chapter in September 2025 with the launch of its first engineering batch at the newly established ASM NextGen Technical Campus, Talegaon Dabhade, Pune. ASM Group of Institutes Logo The two-week induction programme, 'AARAMBH 2025,' was held to celebrate innovation, leadership, and collaboration—ushering in a new era of experiential and future-focused engineering education in Pune. The Inaugural: Robotics, Vision & Parent Partnership The inaugural ceremony, held on September 22, 2025 opened with inspiring addresses from dignitaries and industry leaders. Mr. Shrikant Sarda, an industry veteran, delivered the keynote address, encouraging students to embrace artificial intelligence and continuous learning as the cornerstone of modern engineering careers. Students were captivated by a live robotics demonstration by PHN Technology Pvt Ltd, which showcased industrial and humanoid robots in action—offering a tangible glimpse into the future of automation. In his address, Dr. Sandeep Pachpande, Chairman, ASM Group of Institutes, expressed heartfelt optimism: "There are moments in an educator's journey that feel like history in the making… and 22nd September 2025 was one such day. Through AARAMBH 2025, we were not just launching a program, but shaping the mindsets that will drive the next technological revolution." Adding depth to the day's proceedings, ASM NextGen Technical Campus also held its first Parent-Teacher Meet, where over 110 parents met with faculty and senior stakeholders to exchange ideas and expectations. Parents discussed industry trends, skill development, and student aspirations, underscoring ASM's commitment to a collaborative, transparent, and student-centric learning ecosystem. Bridging Industry and Academia The following days moved from inspiration to application, immersing students in dialogues with leading experts from global companies. A high-impact panel discussion on "AI, Robotics and Automation: Career Opportunities and Challenges" featured eminent industry experts from Capgemini, Dassault Systèmes, MINDWRKS People Solutions & IT Services and SeekMYCOURSE. The discussion offered valuable insights into how AI and automation are reshaping every domain of engineering—from design to deployment—while highlighting the importance of ethical innovation and interdisciplinary collaboration. Complementing the technical focus, Dr. Rajeev Nagarkar conducted an engaging session on Positive Psychology – A Key to Success, helping students cultivate balance and resilience as they embarked on their academic journey. Dr. Daniel Penkar, Group Dean, ASM Group of Institutes, shared: "We want our engineers to go beyond textbooks. The essence of AARAMBH 2025 is to help engineering students see technology as a bridge—between curiosity and creation, between self and society. Learning at ASM is designed to be as human as it is technical." Fostering Leadership, Entrepreneurship & Innovation As the induction progressed, students were introduced to the softer dimensions of leadership and entrepreneurial thinking. A mindfulness session by the Isha Foundation helped ground students in focus and self-awareness. A lively fireside chat titled "Learnings from Leaders and Founders" brought together professionals from SBI Life and Crisil, who shared first-hand stories of perseverance and transformation. Encouraging innovation, Mr. Sopan Aghav, Founder, Paripoorn Foods Ltd., Pune, conducted a workshop titled 'Startup Minds: Discovering the Entrepreneur Within', where students brainstormed startup ideas addressing real-world problems in sustainability and health tech. Team engagement took center stage during the 'Treasure Hunt with Technology' session, which was well received by students. This interactive activity combined logic, teamwork, and coding in a gamified challenge that drew enthusiastic participation across the cohort. Mr. Ramachandran Gopalakrishnan, Chairman, Advisory Board, AIQ Group, delivered an inspirational talk on innovation and future career opportunities, motivating students to pursue continuous learning and cross-disciplinary expertise. Adding youthful energy to the week, Red FM's "College Ke Tashanbaaz" segment celebrated student creativity, humor, and confidence—creating a vibrant sense of campus belonging and community spirit. Learning for the Real World: Skills, AI & Talent Perspectives The latter half of AARAMBH 2025 focused on career readiness, design thinking, and the ethical use of AI. Ms. Bhargavi Kulkarni, Corporate Trainer, Elios Consulting, conducted an interactive session on Life Skills and Career Readiness, emphasizing communication, teamwork, and problem-solving. This was followed by an AI-driven Design Thinking workshop led by Mr. Sujit Das Biswas, CTO, NextGenInnov8, where students explored how generative tools can amplify creativity and real-world problem solving. A separate panel discussion on 'AI in Talent Acquisition: Bias, Fairness and Smarter Hiring' brought together HR and Talent Acquisition leaders including Ancy Nimisha Sreenivasan (Zywave), Manjiri Kulkarni, Vijay Miller, Kalpesh Seta, Kapil Kella, Anand Joshi, and Sucheta Sharma. The conversation offered fresh perspectives on how engineers can contribute to building fairer and more transparent AI systems. Motivational speaker Mr. Anand Munshi concluded the day with an inspiring talk on purpose-driven growth and the art of overcoming obstacles, leaving students with a renewed sense of ambition. Hands-on exposure continued with Ms. Meera Chittapure's 'Connect with Work' session, conducted in partnership with Magic Bus India Foundation and Infosys Project, bridging classroom concepts with employability skills. Bootcamp: Building Future-Ready Engineers The induction culminated in a multi-day Bootcamp, designed to strengthen technical and interpersonal foundations. Sessions on personal branding, mathematics fundamentals, problem solving, and technical readiness helped students transition smoothly from induction to academic learning. Reflecting on this milestone, Dr. Prakash Kulkarni, Principal, ASM NextGen Technical Campus, shared: "Watching students collaborate, code, and challenge themselves reaffirmed our purpose. This campus will not only teach engineering—it will teach resilience, empathy, and curiosity. AARAMBH 2025 proved that our students are ready to build and lead in the AI era." A Vision Beyond the First Batch AARAMBH 2025 was more than an induction; it stood as ASM's statement of intent—to build engineers who combine competence with conscience. Key takeaways include: • Early industry immersion through partnerships and expert mentoring that set the right expectations among the engineering students. • Holistic development through wellness, creativity, and communication modules • Project-based learning that bridges theory with hands-on application • A Continuous innovation culture linking AI, robotics, and entrepreneurship The energy, participation, and feedback from students and parents alike set a powerful precedent for future cohorts. About ASM NextGen Technical Campus The newly established ASM NextGen Technical Campus, Talegaon, Pune, is envisioned by our visionary Chairman as a 15-acre, tech-enabled engineering campus affiliated with Savitribai Phule Pune University and approved by AICTE. The campus offers B.E. programs in Artificial Intelligence & Machine Learning, Computer Science & Engineering, Information Technology, and Electronics & Computer Engineering. It integrates AI-first pedagogy, global industry tie-ups, and experiential learning environments to create globally employable engineers. The initiative is part of the broader vision of ASM Group of Institutes to redefine education for the AI age, aligning with the Viksit Bharat 2047 national aspiration. About ASM Group of Institutes Established over four decades ago, the ASM Group of Institutes stands among India's leading education networks, offering a continuum of programs across management, IT, commerce, and now engineering. Its graduate and post-graduate institutions include: • IBMR – PGDM, MBA, MCA, Ph.D. • IIBR – PGDM • CSIT – BBA, BCA, B.Com, B.Sc, M.Sc • NextGen Technical Campus – B.E. (AI & ML, CSE, IT, ECE) ASM's vision is to empower learners through global exposure, research, and innovation, building professionals who contribute meaningfully to business and society. Media Contact Saurabh Kulkarni Digital Marketing Head Email id: [email protected] Logo: https://mma.prnewswire.com/media/2606560/5563739/ASM_Group_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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