Bizmudra Desk

Mahindra launches Thar OG from INR 10.32 lakh

Mahindra's updated three-door Thar starts at an introductory INR 10.32 lakh, with deliveries beginning October 11. The variant annexure places six airbags and all-disc brakes on ZXT, rather than the entry-priced version highlighted in the announcement.

ShikshaNext selects 11 EdTech and AI solutions for scaling and evaluation

ShikshaNext has selected five solutions for ScaleX and six for its accelerator, serving children aged four to ten. The selection advances an existing INR 170 crore initiative, although funding by solution and government adoption commitments remain undisclosed.

DP World Cochin adds fortnightly service to Fujairah, Sohar and Aden

DP World Cochin says the MGR IFR service connects Cochin and Nhava Sheva with Fujairah, Sohar and Aden every fortnight. Two vessels operate the route, but the announcement does not quantify transit-time savings or disclose commercial terms.

Delvitech plans USD 10 million first phase for Bengaluru manufacturing expansion

Delvitech plans a 65,000 sq ft Bengaluru facility, initially investing USD 10 million and targeting operations in early 2027. The company previously announced Indian production, making the relationship between its existing and proposed plants a key follow-up.

Tata Sierra #DARK launched from INR 13.99 lakh

Tata Motors Passenger Vehicles has added a #DARK edition to the Sierra line-up, priced from INR 13.99 lakh ex-showroom, with black exterior treatment, violet-themed cabin details and the existing powertrain range.

Hyderabad startup Pinit launches 45-minute at-home saree shopping service

Hyderabad startup Pinit has launched an app-led saree shopping service that brings curated collections and a stylist to customers’ homes within about 45 minutes, combining quick-commerce logistics with assisted physical trial.

Prime Industries board approves INR 11.47 crore preferential issue

Prime Industries’ board has approved a preferential issue of 2.73 million shares at INR 42 each, with Uday Narang proposed 2.49 million shares and an 11.32% post-issue holding, subject to approvals.

Moneyview sets INR 32–34 price band for IPO opening September 24

Moneyview’s IPO will open September 24 at INR 32–34 a share, comprising a fresh issue of up to INR 750 crore and an offer for sale of up to 100.49 million shares.

Lava prices Bold N4 Pro 5G at introductory INR 13,999

Lava's Bold N4 Pro 5G will go on sale on Amazon on 26 September at an introductory INR 13,999, with a 6,000mAh battery, 120Hz HD+ display, 6GB RAM and 128GB storage.

Mahindra adds XUV 3XO REVX EDGE from INR 9.39 lakh

Mahindra has expanded the XUV 3XO REVX range with the EDGE from INR 9.39 lakh and EDGE (O) from INR 9.89 lakh, while saying the SUV has crossed 2.5 lakh sales in under 2.5 years.

Visa, ISG bring passkey card authentication to five Indian issuers

Visa and In-Solutions Global say five Indian banks are participating in a passkey-based card authentication rollout that replaces SMS OTP entry with device biometrics or PIN for eligible online and in-app payments.

Mazagon Dock envisages INR 15,000 crore Dugarajapatnam shipyard

Mazagon Dock Shipbuilders has signed an MoU to anchor a proposed greenfield shipyard at Dugarajapatnam, envisaging INR 15,000 crore over five to seven years for a facility designed for 1.2 million gross tonnes a year.

EKA opens Hyderabad sales and service dealership with Sked Ride

EKA Mobility says its Hyderabad dealership with Sked Ride will sell and service electric commercial vehicles. The opening adds a local sales and support point, but investment, opening stock and service capacity were not disclosed.

Imperial Auto appoints James Gaylord to lead Americas operations

Imperial Auto has named James Gaylord managing director and chief executive of its US subsidiary, with responsibility for the Americas. His mandate includes supply-chain localisation and engineering, but the company has not quantified its expansion plans.

ATS India announces exclusive distribution agreement for Hirata semiconductor equipment

ATS India says it will distribute Hirata’s semiconductor automation and handling equipment in India, initially focusing on standard products. The announcement does not identify customers, order volumes, investment commitments or the duration of exclusivity.

AU Bank says vehicle-finance AUM crossed INR 50,000 crore in August

AU Small Finance Bank’s disclosed vehicle-finance segments total INR 50,485 crore, with pre-owned vehicles accounting for about 35.6 per cent. The September announcement concerns an August milestone and does not disclose the business’s asset quality.

54 per cent of Indian executives surveyed say their companies are underprepared for climate impacts

Capgemini’s survey of 168 Indian executives finds climate adaptation is receiving greater attention, but reported preparedness has improved only modestly. The findings concern large organisations and measure executives’ assessments rather than independently audited readiness.