WEB NEWS

  by Priyanka Jadhav   MUMBAI, 8 MAY, 2026 : Bank of India (BOI) has reported strong provisional results for the fourth quarter (Q4FY26) and the full financial year ended March 31, 2026, featuring double-digit growth in business operations. Rajneesh Karnatak Managing Director and CEO of Bank of India addressed the media gathering at the press conference alongwith other executive directors. Key Highlights (Provisional – Q4FY26):Global Business: Increased by 14.53% year-on-year (YoY) to Rs 16.98 lakh crore.Global Deposits: Grew by 13.58% YoY to Rs 9.27 lakh crore.Global Advances (Gross): Rose 15.69% YoY to Rs 7.70 lakh crore.Domestic RAM Advances: Recorded high growth of 18.63% YoY, reaching Rs 3,82,796 crore. Operational & Financial Performance: Total Deposits (Domestic): Rose 14.33% YoY to Rs 8.00 lakh crore.Asset Quality: The bank reported robust growth in deposits and advances for the full financial year 2025–26, with both segments increasing by over Rs 1 lakh crore for ...

  Apollo Micro Systems has received fresh business orders worth Rs 510.25 million from the Ministry of Defence, public sector defence undertakings, and private companies, according to an exchange filing dated May 8, 2026. The Hyderabad-based defence electronics company said the orders were secured during the ordinary course of business, with private sector contracts contributing the largest share. Private companies emerged as the largest contributors to the fresh business update, placing orders worth Rs 240.18 million. That figure represents nearly half of the total contracts announced by the company. The mix of public and private sector orders also suggests Apollo Micro Systems is steadily widening its customer base beyond traditional government-linked projects. Growth Momentum Continues: The latest contracts add to the company’s ongoing business momentum in the defence and aerospace segment. While the filing did not disclose the exact nature of the products or execution timelines...

by Priyanka Jadhav  Mumbai, 1 May 2026   —  Saras is emerging today as a powerful symbol of women empowerment in Maharashtra. With over 5 million ‘Lakhpati Didis’ actively engaged across the state, it stands as one of the largest working women’s collectives in the country. These women are not only entrepreneurs but are also direct generators of employment, making significant contributions to the economic progress of their families and society. Under the UMED campaign, Mahalakshmi Saras has now evolved into a large-scale people’s movement, where women are gaining not just livelihoods but also self-reliance, leadership, and social recognition. This initiative is consistently working towards organizing rural women and making them financially empowered. The success of the UMED campaign can be gauged from the fact that loans worth over 50,000 crore have been disbursed to women so far. In the past year alone, loans amounting to 10,000 crore were extended to aspiring women entre...

by Priyanka Jadhav   Navi Mumbai, April 29, 2026 : Apollo Hospitals Navi Mumbai has crossed the milestone of 250 liver transplants, establishing itself as one of Western India’s leading centres for advanced liver care and the only unit in the region to have achieved this scale independently. With clinical outcomes exceeding 90% survival rates, the program reflects strong expertise in managing complex liver conditions through a multidisciplinary approach and advanced transplant protocols. Part of the Apollo Hospitals Group which has performed over 5,000 liver transplants with consistently strong clinical outcomes, Apollo Hospitals Navi Mumbai’s program reflects the network’s legacy of excellence while setting new regional benchmarks in transplant care. What sets the program apart is its ability to deliver timely, life-saving interventions, often in critical situations. In one such case, a 24-year-old diagnosed with Wilson’s Disease and advanced cirrhosis underwent a successful liver...

  PROJECT IN SOUTH MUMBAI WITH SALES POTENTIAL OF ₹2,000+ CRORES Man Infraconstruction Limited (MICL Group) (BSE : BOM: 533169 NSE: MANINFRA )has announced a major expansion in South Mumbai with the acquisition of a new residential development in Tardeo. The project has been secured by Man Aaradhya Infraconstruction LLP, in which the company holds a 50.5% equity stake, the company said in an exchange filing. The acquisition includes development rights of Tardeo Court CHS and Tardeo Apartments CHS, along with the outright purchase of Sethna House, located in Tardeo, under the cluster redevelopment scheme. The proposed development spans a plot area of over 46,000 square feet and is expected to be executed over the next four to five years. Commenting on the development, Managing Director Manan Shah said, “The Group’s South Mumbai journey is defined by scale, speed, and consistent market absorption. We are happy to have achieved a hat-trick in South Mumbai with our latest acquisition a...

  Globe International Carriers Limited *(NSE:GICL)* said Tuesday it has begun deploying an artificial intelligence-driven vehicle placement system that replaces traditional phone-based coordination with a WhatsApp-integrated chatbot. The rollout, disclosed in an exchange filing, marks an initial step toward digitizing how the company allocates trucks. Vehicle placement in logistics typically relies on manual calls and follow-ups with transporters. The new system instead pushes load requirements simultaneously to multiple operators through an API-based interface, allowing real-time responses and faster decision-making. The company reported initial improvements from pilot runs of the system. Vehicle placement time improved by about 10% to 15%, particularly on established routes. Freight rate optimization improved by roughly 2% to 3%, supported by real-time comparisons across transporter quotes. While modest, such gains can be meaningful in the logistics sector, where margins are typi...