SPIRIT OF MUMBAI

Mumbai, February 10, 2026   Under the aegis of Securities & Exchange Board of India (SEBI), the National Stock Exchange of India (NSE) in collaboration with other MIIs and AMFI had set up an Indian Securities Market pavilion at Advantage Vidarbha being held at RTMNU Campus Ground, Nagpur, Maharashtra for a period of 3 days from February 06th to 08th, 2026. The Advantage Vidarbha Exhibition was inaugurated by Shri Devendra Fadnavis, Hon’ble CM, Maharashtra, Shri Nitin Gadkari, Hon’ble Union Minister Road, Transport & Highways, GOI, Shri Chandrashekar Bawankule, Hon’ble Minister of Revenue of Maharashtra & Guardian Minister, Nagpur. The event witnessed Delegates from 20 plus countries, 200 plus industry experts and 25 plus knowledge sessions all under one mega platform. Smt. Shobha Karandlaje, Union Minister of State for the Ministry of Micro, Small and Medium Enterprises, visited the pavilion and was felicitated by Shri Jeevan Sonparote, Executive Director, SEBI, Shri Pi...

New Delhi, 10 February 2026:   Lalbaba Engineering Limited, Kolkata-headquartered integrated manufacturer of seamless tubes, has signed a Memorandum of Understanding under the Government of India’s Production Linked Incentive  Scheme 1.2  for Specialty Steel  marking its admission into the national programme aimed at strengthening domestic steel manufacturing. The MoU was signed at Vigyan Bhavan during the official signing ceremony organised by the Ministry of Steel, with MECON Limited acting as the Project Management Agency for the Scheme. The approval covers alloy steel and stainless steel  long products  for the strategic sector. The Scheme is a time-bound, production-linked initiative designed to promote import substitution, enhance domestic value addition, and improve India’s global competitiveness in high-grade and steel products. Commenting on the development, Mr. Nikunj Dhanuka, Director, Lalbaba Engineering Limited said: “The signing of the MoU und...

10th February, Mumbai/New Delhi  — The first BRICS Sherpa/Sous-Sherpa Meeting began in New Delhi on 9th February, marking a significant step in advancing the agenda under India’s BRICS Chairship. The three-day meeting, which will conclude on 11th February, has brought together senior representatives from BRICS member countries to discuss key priorities, coordination, and cooperation within the grouping. Confirming the development in a post on X, Ministry of External Affairs (MEA) Spokesperson Randhir Jaiswal said that Secretary (Economic Relations) and India’s BRICS Sherpa, Sudhakar Dalela, is participating in the meeting. The discussions were also attended by China’s Vice Foreign Minister Ma Zhaoxu and the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to India, M. Kasko. In his address, Ambassador Kasko expressed gratitude to India for extending an invitation to Belarus as the representatives of BRICS partner countries had not previously taken part in suc...

New Delhi, February 9:   Religare Broking Limited ., a leading full-service brokerage firm in India, has appointed  Mr. Vijay Kumar Goel  as its  Managing Director,  strengthening its leadership as the company sharpens its focus on scaling its core broking business and expanding wealth product distribution offerings. Mr. Goel will be responsible for driving Religare Broking’s strategic growth agenda, strengthening client engagement, and further enhancing the firm’s digital and research capabilities in line with the evolving dynamics of India’s capital markets. A   national rank holder  Chartered Accountant  and qualified Cost Accountant with over three decades  of experience  in the banking and financial services sector, Mr. Goel brings deep expertise across Broking, Retail NBFC, Asset Management, Investment and Insurance products distribution, Private Wealth Management and Affordable Home Finance. Mr. Goel spent  ove...

Vadh 2 has registered a strong hold at the box office with phenomenal growth then its first day. Remarkably, it has crossed the lifetime collection of Vadh, in it's 2 days!_ Vadh 2, starring Neena Gupta and Sanjay Mishra, has finally been released and has arrived like a storm. What began as a sleeper hit on digital has now evolved into a trusted, audience-loved brand. Vadh won hearts on OTT, and Vadh 2 is carrying that goodwill forward with glowing reviews, a strong audience response, and word of mouth that is steadily pushing the film towards becoming a success story. Continuing its amazing growth spree, the film has recorded an impressive 90% jump on Day 2. Yes, Vadh 2 witnessed phenomenal growth on Day 2 (Saturday). The film gained strong momentum, registering nearly a 90% jump over Day 1, backed by strong reviews and increasingly positive audience word of mouth. This substantial growth after a respectable start signals rising audience confidence. Sunday collections are expected...

Smt. Amruta Devendra Fadnavis flanked by Mr. Satish D. Vithalani, Chairman, LIBF and Mr. Vijay P. Karia, Director, LIBF at LIBF Expo 2026 – Mumbai Calling 18+ Global Conventions | 25+ Countries | 30+ Industries | 246 Exhibitors  Platform blends business, knowledge exchange, social inclusion, and community impact  Mumbai, February 05, 2026: LIBF Expo 2026 – Mumbai Calling, a multi-sector international trade and business networking event held in Mumbai, attracted more than 35,000 visitors over three days, reflecting growing demand for sector-driven platforms connecting Indian enterprises with global markets.  The event hosted 18+ global conferences, participation from 25+ countries, representation across 30+ industries, and featured 246 exhibitors across sectors including financial services, healthcare, legal services, logistics, manufacturing, infrastructure, and emerging technologies.  The Expo was held at the Jio World Convention Centre and brought together business...

Mumbai, India’s logistics sector employment saw strong hiring activity in 2025, with reports of 10.8% net employment growth in the second half of the year, indicating that many roles are indeed being filled as the industry expands. “The sector will need 47 Lakh additional logistics workers by 2030 due to growth in freight, warehousing, transportation, and supply chain functions. To address this urgent and growing demand, we need major skilling reforms and digital workforce creation” *, said Ravikanth Yamarthy, CEO, Logistics Sector Skill Council, addressing industry leaders at LogiMAT India 2026 today.*  Logistics Sector Skill Council has also partnered with LogiMAT India to Bridge the Talent Gap and Position India as the World’s Talent Capital in the promising logistics sector The highly anticipated third edition of LogiMAT India 2026, the world's largest logistics, freight and transportation show, kicked off today with a gala ceremony at Bombay Exhibition Centre, Mumbai. This yea...

  We are proud to host this delegation as it comes at an opportune time. Our economic and trade partnership through such delegations after the India-US deal will lead to meaningful gains for MSMEs, startups and exporters integrating us into resilient supply chains complementing with our goal of Viksit Bharat by 2047:  Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries In the picture(L to R): Ms. Priya Pansare, Director, Trade and Investment Promotion, World Trade Center Mumbai; Hon. Angela Birney, Mayor, City of Redmond, Washington; Mr. Dave Somers, County Executive, Snohomish County; Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries ; Mr. Sam Cho, Commissioner, Port of Seattle  Mumbai, 5th February 2026: Just days after India-US relations broke the ice by announcing a trade deal, World Trade Center Mumbai, in association with the All-India Association of Indus...

( L-R) Mr. Sanjay Sharma, Managing Director, and  Mr. Sovan Satyaprakash, Chief Financial Officer at Aye Finance Limited IPO Press Conference Price band of Rs 122 – Rs 129 per Equity Share bearing face value of Rs 2 each (“Equity Shares”) Bid/Offer Opening Date – Monday, February 9, 2026, and Bid/Offer Closing Date – Wednesday, February 11, 2026. Minimum Bid Lot is 116 Equity Shares and in multiples of 116 Equity Shares thereafter   Mumbai, February 4, 2026:  Aye Finance Ltd has fixed the price band of  Rs 122/-  to  Rs 129/-  per Equity Share of face value ₹ 2/- each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or  “Issue” ) of the Company will open on  Monday, February 9, 2026 , for subscription and close on  Wednesday, February 11, 2026 . Investors can bid for a minimum of 116   Equity Shares and in multiples of 116 Equity Shares thereafter. Equity shares o...

Hyderabad-based Marri Retail Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of ₹2, is a mix of fresh issue of shares aggregating  up to Rs 522 crore and offer-for-sale of 27,000,000 equity shares by promoter - Marri Venkat Reddy. The proceeds from its fresh issuance worth Rs 115.6 crore will be utilised for repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the company, Rs 250.5 crore for capital expenditure to be incurred towards opening of 10 new apparel stores, one new apparel store with jewellery SIS (Integrated Retail Store) and two new standalone jewellery stores (the Jewellery Stores), Rs 35.8 crore expenditure for lease/sub lease rent payments for certain of the company's existing stores and warehouse, and general corporate purposes. The company, in consultation with the book-runni...

Mumbai, 2nd February 2026: World Trade Centre Mumbai and All India Association of Industries welcome the announcement of the conclusion of the long-awaited India–US trade deal, describing it as a significant milestone that strengthens one of the most consequential economic partnerships of the 21st century. The agreement reflects a shared commitment and efforts made by Hon. PM Narendra Modi and US President Donald Trump to deepen trade, investment, and supply-chain cooperation amid evolving global economic dynamics. The surprise announcement of the thaw in trade relationship came late in the evening with US President Donald Trump tweeting about the conclusion of the deal which reduced the reciprocal tariff rate to 18% and removed the 25% of tariff owing to Russian Crude Oil purchases.  Commenting on the development, Dr. Vijay Kalantri, Chairman, World Trade Centre Mumbai and President, All India Association of Industries, stated, “The announcement of the India–US trade deal is a tim...

The summit will pave the way for the state government to highlight its policy initiatives and the potential for sectoral growth to the world   Mumbai, February 3, 2026:  The Government of Maharashtra has announced its partnership with the Global Business Summit 2026 as a key state partner. The summit will offer a platform to highlight Maharashtra’s robust policy framework, strategic initiatives, and investor-friendly ecosystem to global business leaders, policymakers, and institutional investors.   Maharashtra is India’s largest state economy, contributing over 13.6% to the country’s GDP. With a long-term vision of becoming a trillion-dollar economy by 2029-2030, the state is focusing on enhancing competitiveness, generating employment, and promoting balanced regional development. To further support this vision, the government has recently approved the Maharashtra Industries, Investment and Services Policy 2025 and the Maharashtra Global Capability Centre (GCC) Policy 202...

Hyderabad-based Marri Retail Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of ₹2, is a mix of fresh issue of shares aggregating  up to Rs 522 crore and offer-for-sale of 27,000,000 equity shares by promoter - Marri Venkat Reddy. The proceeds from its fresh issuance worth Rs 115.6 crore will be utilised for repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the company, Rs 250.5 crore for capital expenditure to be incurred towards opening of 10 new apparel stores, one new apparel store with jewellery SIS (Integrated Retail Store) and two new standalone jewellery stores (the Jewellery Stores), Rs 35.8 crore expenditure for lease/sub lease rent payments for certain of the company's existing stores and warehouse, and general corporate purposes. The company, in consultation with the book-runni...

सक्षम 2025-26 (संरक्षण क्षमता महोत्सव) is an important national program initiated by Government of India for energy security, sustainable development and environment protection of our country. * The ultimate goal of the program is to curb wasteful expenditure on fossil fuel, reduce the growing burden on foreign exchequer and protect the environment from the adverse effect of Green House Gases emanating from burning of fossil fuels. * Ministry of Petroleum & Natural Gas and State Level coordinators of Oil Industry take up various initiatives with the active involvement/support from the concerned State Government to spread mass awareness. * Oil Marketing Companies (OMC's) have been in the forefront to create mass awareness towards conservation of petroleum products, promoting fuel-efficient equipment and helping the government in proposing policies and strategies for petroleum conservation. * With the same earnest सक्षम (संरक्षण क्षमता महोत्सव) 2025-26 will be organized during 1s...

Mumbai, 1st February 2026: Renowned fine jewellery brand Shubham Motiwala & Jewellers marked a significant milestone with the successful opening of its new flagship showroom at Sky City Mall, Borivali (East), Level 1. Spread across 3,000 sq. ft., the new showroom reflects the brand’s steady expansion and evolution over the past 28 years. The inauguration was graced by Padmashri Hema Malini, Member of Parliament, veteran actress, classical Bharatanatyam dancer and cultural icon. Notably, Hema Malini ji had also inaugurated the brand’s Malad showroom in 2013, making today’s opening a meaningful continuation of a long-standing association. The Borivali flagship presents an elevated selection of finely crafted gold and diamond jewellery, reflecting the brand’s commitment to superior craftsmanship and timeless design. Renowned as a pioneer in natural pearl jewellery, Shubham Motiwala continues to set benchmarks in elegance, authenticity, and artisanal excellence. A key highlight of the ...

“The Budget clearly signals continuity of intent on infrastructure and logistics, even if headline capex has not increased sharply. By reiterating the importance of infrastructure, logistics and river-linked transport, it strengthens India’s ability to move goods efficiently and connect manufacturers to coastal and international markets. Over time, this should help ease bottlenecks, lower logistics costs and expand market access for Indian industry.   I am also encouraged by the emphasis on MSMEs and emerging indigenous sectors such as biopharma and food processing. India is a large food producer with the capacity to meet domestic demand while also serving global markets. With the right policy support, this focus can translate into stronger rural incomes and more resilient MSMEs.   On the funding side, while NBFCs already access international markets through bonds and syndicated loans, monetary transmission in India has traditionally been gradual. Rate cuts may not translate i...

“A growth-focused, simplification-heavy budget with strong welfare and infra underpinnings The 2026-27 Union Budget, delivered from Kartavya Bhavan under the guiding principles of the three Kartavyas, delivers a robust, reform-oriented roadmap for Viksit Bharat. It sustains high capex momentum (up to ₹12.2 lakh crore), accelerates manufacturing in frontier sectors (e.g., ISM 2.0 with ₹40,000 crore, BioPharma Shakti at ₹10,000 crore), rejuvenates legacy clusters, champions MSMEs through equity funds and liquidity tweaks, and pushes infrastructure with high-speed rail corridors, waterways, and city economic regions. Specifically for general insurance industry, the compassionate exemption of TDS (and full tax) on Motor Accident Claims Tribunal interest awards stands out as a victim-friendly relief, ensuring faster, untaxed access to compensation for those in distress— a thoughtful step toward ease of living.   A particularly positive move for investors and corporates is the revised ta...