SPIRIT OF MUMBAI

Mumbai, September 3, 2026: The Maharashtra Government is firming up a time-bound roadmap to expedite the development of the Innovation City near Navi Mumbai International Airport, being developed in partnership with the Tata Group; Shri Kaustubh Dhavse, Chief Advisor (Investments & Strategy) to the Chief Minister of Maharashtra,  said during the 6th 'Real Estate & Infrastructure Investors' Summit (REIIS) 2026' organized by NAREDCO Maharashtra at Jio Convention Centre in Mumbai today that brought the real estate developers, financiers, investors and bankers together.  The Maharashtra Government and the Tata Group had announced a landmark $ 11 billion investment to build India’s first Innovation City to be spread across 300 acres near the Navi Mumbai International Airport. According to Dhavse, the project of AI Innovation City envisaged development of large-scale AI data centres, alongside high-performance computing, semiconductors and Global Capability Centers (GCCs)...

Price band of Rs 601 – Rs 632 per Equity Share bearing face value of Rs 2 each (“Equity Shares”) Bid/Offer Opening Date – Tuesday, September 08, 2026 and Bid/Offer Closing Date – Thursday, September 10, 2026 Minimum Bid Lot is 23 Equity Shares and in multiples of 23 Equity Shares thereafter Mumbai, September 03, 2026: Kanohar Electricals Limited has fixed the price band of Rs 601/- to Rs 632/- per Equity Share of face value Rs 2/- each for its maiden initial public offer.   The Initial Public Offering (“IPO” or “Issue”) of the Company will open on Tuesday, September 08, 2026, for subscription and close on Thursday, September 10, 2026.   Investors can bid for a minimum of 23 Equity Shares and in multiples of 23 Equity Shares thereafter.   Equity shares outstanding as on date is 74,440,000 Equity Shares of Rs 2 each. The offer, with a face value of Rs 2, is a mix of fresh issue of shares up to Rs 300 crore and an offer-for-sale for up to 11,957,915 shares by promoter – K S...

Hon’ble Chief Minister Shri Bhupendrabhai Patel to Interact with Consul Generals and Leading Industrialists Mumbai, 2nd September: Following the successful New Delhi Curtain Raiser of the Vibrant Gujarat Global Summit (VGGS) 2027, a roadshow will be held in Mumbai on 3rd September 2026 at The Taj Mahal Palace, Colaba. Ahead of the VGGS, the roadshow will provide a significant platform to further strengthen Gujarat’s engagement with the global diplomatic and business community. Hon’ble Chief Minister of Gujarat, Shri Bhupendrabhai Patel and Hon'ble Deputy Chief Minister, Shri Harsh Sanghavi, Government of Gujarat will address during the interaction with Consul Generals and industry captains in the evening. The programme will commence with a welcome address by Mr. R. Mukundan, National President, Confederation of Indian Industry (CII). The Additional Chief Secretary, Industries and Mines Department (IMD), Government of Gujarat, will deliver a presentation on VGGS 2027. Leading indust...

Unveils FADA Digest 2026, Kaleidoscope, FADA Employee ID Programme and DSS'26 Findings; Calls for Stronger Dealer-OEM Partnerships to Drive Bharat's Mobility Growth     1 st September 2026, New Delhi, BHARAT: The Federation of Automobile Dealers Associations (FADA) 8 th Auto Retail Conclave 2026 brought together policymakers, industry leaders, automobile manufacturers, Dealers and ecosystem partners to deliberate on the future of India's automotive retail sector under the theme "BHARAT: Inclusive Mobility, Inspired Growth." The conclave highlighted the critical role dealers play in expanding mobility access, driving employment, supporting entrepreneurship and enabling India's evolving automotive ecosystem.   The event featured the presence of Shri H. D. Kumaraswamy, Hon'ble Union Minister of Heavy Industries & Steel, Government of India, as Chief Guest, alongside senior leaders from the automotive industry and allied sectors. During the inaugural se...

(L-R)* Mr. Pranav Ashar, CMD and Mr. Ravi Ramalingam, Whole-Time Director at the IPO launch of Pranav Constructions Limited in Mumbai. Price band of ₹ 118/- to ₹ 124/- per Equity Share bearing face value of ₹ 10/- each (“Equity Shares”) Bid/Offer Opening Date – Monday, September 07, 2026 and Bid/Offer Closing Date – Wednesday, September 09, 2026 Minimum Bid Lot is 120 Equity Shares and in multiples of 120 Equity Shares thereafter    Mumbai, September 02, 2026: Pranav Constructions Limited has fixed the price band of ₹ 118/- to ₹ 124/- per Equity Share of face value ₹ 10/- each for its initial public offer.   The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, September 07, 2026, for subscription and close on Wednesday, September 09, 2026.   Investors can bid for a minimum of 120 Equity Shares and in multiples of 120 Equity Shares thereafter.   Equity shares outstanding as on date 87,171,170 Equity Shares of ₹ 10/- each.   The ...

TO MR. SAI GIRIDHAR, FADA’S 38 th PRESIDENT     1 st September 2026, New Delhi, BHARAT: The Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in India, today announced the appointment of Mr. Sai Giridhar as FADA’s 38 th President and for the years 2026-28. The decision was made at the 323 rd Governing Council Meeting, which was held immediately after the 62 nd Annual General Meeting.   Mr. Giridhar is the Managing Director of Saisha Motors Pvt. Ltd. based out of Jaipur, Rajasthan and has dealerships of Skoda, Volvo Cars, JSW MG Motors and MG Select.   Mr. Giridhar has been in the automobile business for 30+ years. An alumnus of St. Xavier’s School, Delhi, he graduated from Delhi University. His journey in automobile started in 1995 with Daewoo Motors Dealership in Jaipur. He has been serving as the Secretary of the Authorised Motor Association of Rajasthan since the past 10 years and has been associated with FADA ...