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FADA Unveils Vision for ‘BHARAT: Inclusive Mobility, Inspired Growth’ at the 8th Auto Retail Conclave 2026

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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...

Pranav Constructions Limited’s Initial Public Offering to open on Monday, September 07, 2026, Price Band set at ₹ 118/- to ₹ 124/- per Equity Share

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(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 ...

CHANGE OF GUARD AT FADA AS MR. C S VIGNESHWAR HANDS OVER THE BATON

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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 ...

Honda Motorcycle & Scooter India Records Sales of 5.79 Lakh Units in August 2026

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Registers 8% YoY Growth   Gurugram, September 01, 2026: Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) recorded total sales of 5.79 Lakh units in August 2026, registering 8% year-on-year growth compared to 5.34 Lakh units sold in August 2025.   Domestic sales in August 2026 stood at 5.17 Lakh units , registering 8% growth over 4.81 Lakh units sold in August 2025. Exports stood at 0.61 Lakh units in August 2026 , recording 15% growth compared to 0.53 Lakh units exported in August 2025.   For the year-to-date period of FY27 (April-August 2026) , HMSI recorded total sales of 27.33 Lakh units , registering 13% growth over 24.25 Lakh units sold during Apr-Aug 2025. Domestic sales stood at 24.07 Lakh units during Apr-Aug 2026 , recording 11% growth compared to 21.76 Lakh units sold during April-Aug 2025. Exports stood at 3.26 Lakh units during April-Aug 2026 , registering 31% growth over 2.49 Lakh units exported during April-Aug 2025.   During August...

LIC Introduces Two New Plans: LIC’s Bima Platinum (Plan 770 | UIN: 512N397V01) and LIC’s Jeevan Raksha (Plan 894 | UIN: 512N368V01)

National, 01 September, 2026: On the occasion of its 70th Anniversary, the CEO & MD of LIC of India, Shri R. Doraiswamy launched two new plans today, LIC’s Bima Platinum (Plan 770) & LIC’s Jeevan Raksha (Plan 894). The salient features of the two plans are as under. LIC’s Bima Platinum (Plan 770- UIN : 512N397V01)   LIC’s Bima Platinum is a Non-Par, Non-Linked, Individual Plan which offers an attractive combination of savings and protection. This is a limited premium plan with accrual of Guaranteed Additions at the rate of ₹70/- per ₹ 1000/- of annual premium paid during the Premium Paying Term. The Guaranteed Additions will accrue at the end of each year during the PPT.   An attractive feature of this plan is that Booster Income Benefit equal to 70% of the Basic Sum Assured is payable on survival of the life assured at the end of (PPT +5 th ) year.   The plan also provides for Regular Income Benefit equal to 10% of the Basic Sum Assured at the end of each year d...

Aadhar Housing Finance Receives ‘IND AA+’ Rating Upgrade with Stable Outlook from India Ratings

Upgrade reflects Aadhar’s strong position in low-income housing finance, capitalisation and diversified funding profile Mumbai, 1st Sept 2026: Aadhar Housing Finance Limited, one of India’s leading housing finance companies focused on the low-income housing segment, has announced that India Ratings and Research (Ind-Ra) has upgraded the ratings on its debt instruments and bank loan facilities to ‘IND AA+/Stable’ from ‘IND AA/Positive’. India Ratings is the second rating agency who has upgraded Aadhar’s credit rating to AA+/Stable after CARE.   The upgrade reflects the company’s sustained expansion, stable asset quality, strong profitability and adequate capitalisation. The rating agency highlighted Aadhar’s established position in the affordable housing finance segment, geographically diversified operations, diversified funding profile and experienced management team. Ind-Ra also noted the company’s resilience across economic cycles and its ability to maintain healthy operatin...

Airtel Offers Mumbai’s Postpaid Customers Exclusive Mirzapur: The Movie Premiere Opportunity

Mumbai: Airtel has opened registrations for an exclusive Mirzapur: The Movie premiere experience under its Postpaid Advantage Club. Airtel postpaid customers in Mumbai, Chandigarh and Lucknow can register through the Airtel app for a chance to attend the movie premiere. Registrations will remain open until September 2, 2026.  The initiative is part of Airtel’s effort to offer its postpaid customers exclusive entertainment and live experiences beyond the regular benefits of mobile connectivity.  Eligible customers can open the Airtel app and look for the Postpaid Advantage Club section or the Mirzapur: The Movie promotional banner. They can then follow the displayed instructions to complete their registration.  The Airtel Postpaid Advantage Club is a customer-engagement initiative through which eligible postpaid users can register for curated entertainment, sporting and live-event experiences. The opportunities offered may vary by city, campaign and availability, with re...