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An elite panel led by Wipro’s Rishad Premji meets today to pick winners for the 12th edition of The Economic Times Startup Awards. The jury includes many top industry leaders like Vijay Shekhar Sharma and Mukesh Bansal. They got together to choose the best names for this year’s entrepreneurial excellence.
Mahindra Truck and Bus launched the BLAZO i-TRK heavy commercial vehicle on Monday. It features a 320 HP engine and AI-enabled drive mode to improve fuel efficiency. President Vinod Sahay said, "Our ambition is to shape the future of commercial mobility through innovation." This truck could save owners significant operational costs.
Renewable energy projects can now get deadline extensions of up to four months due to West Asia disruptions. The ministry said agencies can allow this relief for projects delayed on or after February 28, 2026. This move helps developers avoid penalties when global issues impact their construction and supply contracts.
InCred hired three senior executives from Avendus to launch a new platform called InCred Black for ultra-high-net-worth individuals. Alok Agrawal, Harmeet Sahney and Zarksis Gotla joined the firm on Monday. This move follows the company’s wealth division crossing one lakh crore in assets as India’s wealthy population continues to grow.
Refinancing a car loan can lower monthly payments, but it often costs more in the long run. Sameer Mathur said, "Only a 2% reduction would generate a meaningful net saving." Borrowers should compare total interest costs and switching fees before they decide to switch lenders to save actual money.
Verlinvest and the Mirchandani family increased their stake in the dairy brand Epigamia, while Sauce joined the cap table. Arjun Anand said, “Our decision to increase our stake reflects our conviction in the potential of the brand.” The firm continues to grow as it taps into India’s evolving food market.
The government estimates at least ₹8,622 crore private investment in 11 airports. Winning bidders will invest as sanctioned by the Airports Authority of India. Gurmukh Singh Bawa said, “We need to see how the modalities work out.” The government also plans to cap the number of airports for each operator.
Vahan AI fine-tuned the 30-billion-parameter Nvidia Nemotron model to improve its blue-collar hiring platform. The company used its own data to make voice conversations faster and more accurate. Founder Madhav Krishna said, “We have now deployed it in production and we are diverting about 10% of our traffic to it.”
Indian equity markets fell on Monday, with the Nifty50 index closing at 24,219. Traders now watch for volatility ahead of US sanctions and monthly futures expiry. Key stocks like TCS, ICICI Bank, and Hindustan Copper got attention after corporate news. The government also started a share sale for Hindustan Copper.
Banks in Kochi and Thiruvananthapuram will stay closed on August 25 for local festivities. On August 26, banks in 20 cities, including Delhi and Mumbai, will shut for various holidays. Operations will also stop in 12 cities on August 28. Customers should check their local branch schedules before visiting this week.
The JioFinance app now helps users apply for credit cards without needing a credit history. Many first-time applicants often worry about approval, but this platform lets people compare options and check eligibility online. Using this app makes the process simple, helping you build a healthy credit score from the start.
Indian farmers covered 96% of the normal Kharif area as of August 21. The Agriculture Ministry said the total sowing reached 1,056.7 lakh hectares. While paddy planting fell by 3.2%, pulses showed growth. Farmers got busy during the final week, which helped narrow the overall deficit from the year-ago level.