WEB NEWS

by Priyanka Jadhav  Exhibition Extended Till May 17 with Support from the Chief Minister; Total Turnover Reaches ₹32 Crore Inauguration of 5 Lakh Houses under Pradhan Mantri Awas Yojana Soon – Informs Rural Development & Panchayat Raj Minister Jaykumar Gore Mumbai, May 13 – The ‘Mahalaxmi Saras 2026’ exhibition, organized under UMED – Maharashtra State Rural Livelihood Mission at BKC since May 2, has received an overwhelming response from the people of Mumbai. Conceptualized under the vision of Minister Jaykumar Gore, the exhibition has emerged as an international-standard platform showcasing the rich culture of rural Maharashtra, traditional cuisine, handicrafts, and women entrepreneurship. With the objective of providing global recognition, permanent marketplaces, and larger business opportunities for products made by rural women entrepreneurs, this year’s exhibition has been curated in a more modern and attractive format under the guidance of Rural Development Minister Jayk...

  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...

by Priyanka Jadhav  ~ Advanced Histopathology Department and Orthopedic Robotic System inaugurated to bring personalization, predictability and precision in patient care ~ As S.L. Raheja Hospital – A Fortis Associate marks its 45th year of delivering trusted healthcare, it reinforces its commitment to clinical excellence with the launch of two close-to-heart initiatives: a state-of-the-art Histopathology Department and the introduction of a robotic-assisted orthopaedic surgery system. These developments were unveiled today at a special event at the hospital, graced by honourable trustees Mrs. Suman Raheja and Mrs. Jyoti Raheja. The Histopathology Department, originally established by late Dr. Anita Borges, was relaunched in its upgraded form, seamlessly blending legacy, deep clinical, expertise & enhanced capabilities. Recognised as a coveted Centre of Excellence for Histopathology by leading cancer institutes across India and internationally, the department has, to date, analy...

  by Priyanka Jadhav Mathura, 25 April 2026 — Delivering a powerful and heartfelt message, Rotarian Lal Goel, Founder & Charter President of the Rotary Club of Organ Donation International and Chairman of the Organ Donation India Foundation & GYAN, urged senior citizens to become catalysts of change within their families by championing the cause of organ donation. Addressing a gathering at the Senior Citizen Welfare Society Mathura as Chief Guest and Keynote Speaker, he emphasised that the influence of elders within Indian families is profound — and when they speak, generations listen. The programme commenced with the traditional lighting of the lamp and the recitation of the Gayatri Mantra, setting a reflective and purposeful tone. Er S. S. Johri, Secretary of the Society, warmly welcomed the gathering and introduced the keynote speaker. In his address, *Rotarian Lal Goel clearly distinguished between organ donation, body donation, and tissue donation — dispelling common ...

by Priyanka Jadhav  Director and Plastic Surgeon Dr. Sunil Keswani points out a critical gap in availability due to lack of awareness Mumbai, April 23, 2026: The National Burns Centre (NBC) raised serious concerns over a critical shortage of skin donations across India.  Spearheading NBC’s campaign to encourage more skin donor pledges, Director and Plastic Surgeon Dr. Sunil Keswani stated that a lack of awareness about skin donations is a critical cause of this gap. Skin banks in Mumbai receive only 25% of the required donations each month. Around 70% of burn patients are in the 15-35-year age group. Lack of access to skin transplantation leads to severe economic and emotional strain on the burn survivor as well as on their family. With timely access to skin grafts, burn patients can be rehabilitated in their most critical window of care, reducing risks of complications and mortality significantly. Skin can be donated within 6 hours of death and the deceased must be registered...

 by Priyanka Jadhav   April 23, 2026 PHD Chamber of Commerce and Industry (PHDCCI) successfully hosted a high-level Business Delegation from Trinidad and Tobago at PHD House, New Delhi, fostering strategic dialogue and unlocking new avenues for bilateral trade and investment. Organized in collaboration with the Trinidad and Tobago Manufacturers’ Association (TTMA), with AS International as the Associate Partner, the engagement brought together key stakeholders from government, industry, and trade bodies to explore synergies across priority sectors. The deliberations highlighted a strong growth trajectory in India–Trinidad & Tobago trade, with significant potential for expansion driven by strategic collaboration and sectoral complementarities. In his welcome address, Mr. Mahesh Singhi, Chair, Maharashtra State Chapter, MD & Chairman Singhi Advisors, said that the visit comes at a pivotal time when India’s economic landscape is witnessing rapid transformation, creating v...

Mini Diamonds India Ltd. (BSE: 523373), an emerging player engaged in the manufacturing, marketing, and sales of exquisite lab-grown diamond jewelry, has announced that the company’s board has announces issuance of bonus shares in ratio of 1 :1 (1 equity share for every 1 share held).The record date will be announced shortly. Recently, the company secured a significant domestic order of INR 14 Crores from a Mumbai based existing client for supply of fancy coloured cut and polished lab grown diamonds.This order marks a further step in the Company’s efforts to strengthen its domestic business and signals growing market acceptance of its lab-grown diamond offerings, supported by consistent quality assurance, transparent specifications and competitive pricing. The development also deepens MDIL’s engagement with an existing client, whose order profile has now moved beyond the earlier product segment. Such expansion by a repeat customer is a meaningful sign of commercial confidence and highl...

  by Priyanka Jadhav   * Mumbai April 20, 2026:* The Federation of Indian Export Organisations (FIEO) has called on the Reserve Bank of India (RBI) to extend additional liquidity support to exporters, citing mounting working capital pressures due to sharp increases in freight costs and prolonged shipment timelines triggered by ongoing geopolitical disruptions in West Asia. According to FIEO, logistical challenges have significantly escalated transportation costs, particularly for shipments to the Middle East, where freight rates have surged by as much as 300–400 per cent. The disruption has also spilled over into air cargo, further straining exporters. Ajay Sahai, Director General and Chief Executive Officer, FIEO, noted that delays in shipping have materially impacted payment cycles and liquidity. “Earlier, shipments to the US would reach in around 50 days; now, they are taking up to 90 days. Consequently, payment cycles have stretched from 30–60 days to 90–120 days, increas...

  by Priyanka Jadhav  MUMBAI, April 21, 2026 : Hair loss affects a large proportion of the population, with up to 50% of men experiencing visible thinning by the age of 50 and a significant number of women affected by midlife. While autologous hair restoration treatments such as Platelet-Rich Plasma (PRP) and Growth Factor Concentrate (GFC) have become a staple in hair restoration clinics, a new scientific commentary is calling for an evolution in how we approach regenerative hair therapy. In response, experts are now pointing to Precision Re-engineered Efficacy Optimisation as a new conceptual framework designed to address this variability by enabling more defined and reproducible biological signalling in regenerative hair therapy. “Autologous therapies are ‘noisy’ biological mixture. The ‘natural’ element of autologous hair regeneration protocols (PRP/GFC) is also its greatest weakness. Platelet yield, leukocyte content, activation method, centrifugation protocol, and device...

  by Priyanka Jadhav  In a rare candid conversation, World Bank President Ajay Banga sat down with Nikhil Kamath on People by WTF to discuss a deceptively simple question: how do you kill poverty? The answer, Banga argues, is almost brutally straightforward. You give people jobs. It's not redistributive economics or trickle-down policy. It's not even ideology. It's pragmatism. And it cuts to the heart of what the World Bank actually does—and why, in a world fragmenting along geopolitical lines, its work matters more now than it did 80 years ago. Banga walked Kamath through the architecture of global development: the IBRD, the IDA, the IFC, MIGA. The institutions sound bureaucratic. But behind each is a thesis. The poorest countries get one- third of their capital as grants. Middle-income countries like India get concessional loans. The private sector gets de-risking insurance. Each mechanism exists to answer a single question: how do you make it worth someone's while to...

 by Priyanka Jadhav New Delhi, 13 th  April 2026:  The global data centre market is expanding rapidly, with 40–50 GW of current installed capacity worldwide and projections exceeding 100 GW expected by 2030, driven largely by the rapid growth in cloud computing, artificial intelligence and data-intensive technologies. Amid this transformation, India is emerging as a strategic hub within the Asia-Pacific region. The country’s accelerating digital economy, expanding internet user base, and increasing investments from hyperscale operators are positioning it as a key destination for data infrastructure development. According to Vestian’s latest report, India’s data centre market—valued at approximately USD 10 billion in 2025—is expected to more than double to USD 22 billion by 2030, underscoring the strong growth trajectory and rising investor confidence in the sector. This rapid growth can be attributed to rising internet and telecommunications subscribers, increasing enterp...