14 Jan 2026

PhonePe Payment Gateway has launched PhonePe PG Bolt, a new feature designed to make Visa and Mastercard card payments faster and more secure. Using device tokenisation, users can save their cards once on the PhonePe app and use them seamlessly across all merchants on the platform without repeated verification. The solution removes the need to enter CVV details for repeat transactions and enables in-app checkouts without redirection, reducing payment drop-offs. For merchants, PG Bolt promises quicker checkout times and higher transaction success rates through a smoother payment flow. The launch reflects PhonePe's focus on strengthening digital payment infrastructure while improving user convenience, security, and overall checkout efficiency across e-commerce and app-based services.Read more

14 Jan 2026

KP Group has announced a significant investment commitment of INR 4,000 crore towards expanding renewable energy capacity in Gujarat, reinforcing the state's position as a key hub for clean energy development in India. The group has entered into a memorandum of understanding with the Gujarat government to develop a portfolio of solar and wind-solar hybrid power projects across multiple locations in the state. With a proposed aggregate capacity of around 855 MW, the projects will be spread across regions such as Devbhumi Dwarka and Kutch, including Bhuj. The initiative aligns with Gujarat's broader renewable energy ambitions and reflects growing private sector participation in large-scale clean power infrastructure, supporting energy transition goals and long-term sustainability.Read more

14 Jan 2026

Essar Future Energy Limited has announced plans to set up a large-scale bio-fuel complex in Gujarat's Devbhumi Dwarka district with a proposed investment of INR 5,100 crore. The project, formalised through a memorandum of understanding with the Gujarat government, is expected to generate around 350 direct jobs and commence operations by 2029. Designed as a special economic zone (SEZ) unit, the facility will have an initial feedstock processing capacity of 1 million tonnes per annum. The bio-fuel complex will focus on providing clean fuel solutions for hard-to-abate sectors such as aviation, shipping, and road transport, strengthening Gujarat's clean energy ecosystem and supporting India's broader energy transition goals.Read more

14 Jan 2026

Four major banks State Bank of India, Bank of Baroda, RBL Bank, and Yes Bank have approached the Central Information Commission to oppose disclosure of details on NPAs, defaulters, penalties, and RBI inspection reports sought under the RTI Act. The Reserve Bank of India has maintained that such information must be shared, citing Supreme Court rulings that support transparency. Following objections from the banks, the CIC has referred the matter to a larger bench and temporarily stayed disclosure. The case highlights ongoing tension between banking confidentiality and public accountability, with the final decision expected to shape transparency norms in India's banking sector and influence depositor confidence and regulatory oversight.Read more

14 Jan 2026

Venture growth investment firm Dharana Capital has raised USD 250 million, or about INR 2,254 crore, for its second India-focused fund, strengthening its presence in the country's technology and consumer investment space. The fund will be deployed over the next three years to back next-generation businesses with scalable and listing-ready potential. With this raise, Dharana Capital's assets under management have reached USD 450 million. Most of the capital has come from US-based institutional investors, reflecting sustained global interest in India's growth story. The firm plans to continue its focused investment approach, supporting a select set of founders across technology, enterprise software, aerospace, and consumer services as India's public markets expand for new-age companies.Read more

14 Jan 2026

SEBI has proposed a major overhaul of trading-related rules across stock exchanges to simplify regulations and reduce compliance burdens. In a consultation paper, the market regulator suggested merging multiple circulars covering trading norms, price bands, circuit breakers, bulk and block deals, margin trading, client codes, and trading hours into a single, unified framework. The move aims to improve clarity, consistency, and ease of doing business across equity and commodity markets. SEBI has also recommended removing outdated provisions, streamlining disclosures, updating margin trading norms, and introducing a flexible liquidity enhancement framework. Public feedback has been invited until January 30, with the changes expected to strengthen transparency and operational efficiency.Read more

13 Jan 2026

Property Share Investment Trust, India's first registered Small and Medium Real Estate Investment Trust, has filed draft papers for the launch of its third scheme, PropShare Celestia, with a proposed issue size of up to INR 244.65 crore. The public issue will consist entirely of a fresh issue of units, with no offer-for-sale component. The scheme is backed by a fully leased Grade A+ commercial office asset in Ahmedabad, offering investors exposure to a stabilised income-generating property. With a projected yield of 8.4 per cent for FY27, PropShare Celestia aims to provide a cost-effective entry into institutional-quality real estate within a rapidly growing office market, further expanding the SM REIT investment universe in India.Read more

13 Jan 2026

Techno Paints and Chemicals is planning to raise around INR 500 crore through an initial public offering in the next financial year to support its expansion plans. The company has also appointed cricket legend Sachin Tendulkar as its brand ambassador for three years to boost brand visibility and national reach. Techno Paints reported revenue of INR 210 crore in FY25 and expects this to rise to about INR 450 crore in the current year, with a long-term target of INR 2,000 crore by FY30. The company operates across several Indian states and plans further domestic expansion, along with entry into Middle Eastern markets. The IPO will fund capacity growth, distribution, and market penetration.Read more

13 Jan 2026

The Adani Group has announced plans to invest INR 1.5 lakh crore in Gujarat's Kutch region over the next five years, boosting energy, logistics, and industrial development. Speaking at the Vibrant Gujarat Regional Conference, Karan Adani said the investment includes completing the 37 GW Khavda renewable energy project by 2030 and doubling Mundra Port's capacity over the next decade. The move reinforces Kutch's transformation into a key hub for ports, power, and manufacturing. Gujarat's strong industrial base and logistics network continue to attract large-scale investments, driving demand for industrial land, logistics parks, housing, and urban infrastructure. The announcement highlights the state's growing role in India's long-term economic and infrastructure-led growth.Read more

13 Jan 2026

Websol Renewable Private Limited will invest INR 3,538 crore to set up an 8 GW integrated solar manufacturing facility at Naidupeta in Andhra Pradesh, strengthening the state's clean energy and industrial base. Spread across 120 acres, the project will include 4 GW each of solar cell and module manufacturing, developed in two phases starting production in 2027 and 2028. The facility is expected to create around 2,000 direct jobs and will be supported by a 100 MW captive solar power plant. Backed by customised state incentives, the project adds momentum to southern Andhra Pradesh's emergence as a key solar manufacturing hub, supported by port connectivity, logistics infrastructure, and rising domestic and export demand.Read more