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business

ICMAI Launches Comprehensive Guidance on Expected Credit Loss and Bank Loan Restructuring

Rekha Nair
18 Aug 2026
New Delhi, Aug 18: The Institute of Cost Accountants of India (ICMAI) on Tuesday launched two professional handbooks on Expected Credit Loss (ECL) and restructuring of bank loans, aimed at helping banks, borrowers, MSMEs and finance professionals prepare for the Reserve Bank of India's ECL framework coming into effect from April 1, 2027. The launch was attended by CMA Chittaranjan...
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business

Arrive Expands Global Footprint with New Innovation Center in Bengaluru, India

Manasi Praharaj
18 Aug 2026
Today,  Arrive   expands  its  global  tech  footprint  with a  new   innovation  hub in  Bengaluru . The  center  brings together world-class engineering talent to accelerate predictive AI capabilities and transform how people move through cities. Arrive , a leading  global  mobility platform, today announced the opening of its  new   innovation  hub in  Bengaluru ,  India .  The strategic...
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news

Textile Minister Vrunda Desai Champions 'Freedom from Unused Garments' as ReFiber calls for Nationwide Garment Collection Drive

Sai Krishna
18 Aug 2026
ReFiber, powered by OterRi, brings together Tisser Artisan Trust, CMAI, UNIDO and Lions International for an Independence Day textile circularity initiative MUMBAI, India, Aug. 18, 2026 /PRNewswire/ -- As India marks 80 years of Independence, ReFiber, powered by OterRi , launched its nationwide 'Freedom from Unused Garments' post-consumer textile collection drive at an online stakeholder meet, with Ms. Vrunda Desai,...
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news

Fractal Wins US$17M+ Multi-Year AI Deal with a Fortune 500® U.S. Healthcare Organization

Sai Krishna
18 Aug 2026
MUMBAI, India, Aug. 18, 2026 /PRNewswire/ -- Fractal Analytics Ltd. (BSE: 544700) (NSE: FRACTAL), a globally recognized enterprise AI company serving Fortune 500® organizations, announced that it has secured a US$17M+ multi-year agreement with a leading U.S. healthcare enterprise to modernize its Data and AI foundation on Databricks platform and support its journey toward becoming an AI-ready organization. The engagement...
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business

Minfy Expands U.S. Presence in Virginia to Deepen Customer Engagement and Accelerate AI-Driven Outcomes

Adrian Carlson
18 Aug 2026
Business Wire India Minfy Technologies, an applied AI and technology services company helping enterprises and public-sector organizations move from cloud and data foundations to production-scale AI, has expanded its presence in the U.S.  with the  opening of a second office in Virginia. The move is aimed at working more closely with enterprise customers and accelerating the deployment of Data and...
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technology

UIDAI Completes Over 2 Crore Mandatory Biometric Updates for School Children

Neel Achary
18 Aug 2026
New Delhi, August 18: The Unique Identification Authority of India (UIDAI) has completed more than 2 crore Mandatory Biometric Updates (MBU) for school children as part of its nationwide mission-mode drive, covering around 1.56 lakh schools across the country. The special drive, launched in September 2025, has been undertaken in coordination with State and Union Territory education departments to make...
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business

Munify Launches India's First Municipal Infrastructure Financing Platform to Accelerate Urban Infrastructure Investment

K Puspa
18 Aug 2026
Mumbai / Bengaluru, Aug 18:   Munify, India's first national municipal finance data and analytics platform, today announced the launch of its Municipal Infrastructure Financing Platform, a digital marketplace designed to connect Urban Local Bodies  with banks, financial institutions, development finance institutions, investors and grant providers. Developed with Dvara Solutions as its technology partner, the  platform  brings  Munify 's  municipal...
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business

Yamaha Refreshes 125cc Fi Hybrid Scooters with Striking New Colours, Refreshed Styling and Tech Upgrade

Manasi Praharaj
18 Aug 2026
Bengaluru, Aug 18:  India  Yamaha  Motor Pvt. Ltd. today announced exciting updates to its popular  125cc   Fi   Hybrid  scooter range, introducing fresh  colours ,  refreshed   styling , and technology options. Developed in response to evolving customer preferences, the latest refresh caters to the young, and style-conscious riders seeking the perfect blend of fashion, sportiness, performance, convenience, and...
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