25, Jun 2026
Zelio to Double Down on Workforce in Current FY, to Cross 500 Employees
Haryana, June 25 : Zelio E-Mobility, a rapidly expanding electric two and three-wheeler manufacturer that has been doubling its growth year over year, has announced a major workforce expansion as part of its next phase of growth. The company is strengthening its manufacturing, leadership, R&D, and sales capabilities as it prepares to scale operations across its three major facilities in India.
Currently, the company employs around 260 people across Hisar, Bhubaneswar and Coimbatore, where its key manufacturing operations are based. As part of its hiring plan in the current FY, Zelio aims to take its total employee strength beyond 500.
Under the expansion plan, the company will add 100 employees in Hisar, 50 employees in Bhubaneswar, and 100 employees in Coimbatore. Notably, the Coimbatore facility, which is the company’s recent set up, will account for a significant portion of the upcoming hiring as it is prepared for commissioning and scale-up.
The recruitment drive will focus on strengthening core operational and strategic functions across locations. Key roles include plant heads, R&D professionals, production planning and quality experts, as well as zonal sales leaders who will support the company’s growing presence across key markets. In addition, Zelio is expanding its service and after-sales capabilities to align with its growing dealer network and customer base.
Commenting on the development, Divyanshu Agarwal, CEO at Zelio E-Mobility, said,
“Since the beginning, Zelio has always been a people-first company. We work with and in favor of our people. Wherever we enter, whether a state or a city, our focus is to create meaningful job opportunities and contribute to local employment. As we scale, this commitment remains at the core of everything we do. Our expansion is not only focused on manufacturing growth but also on building strong local ecosystems in each region we operate in, ensuring long-term value creation through employment and skill development.”
The hiring announcement follows a strong FY2025–26 for Zelio E-Mobility, with revenue rising 81.8 percent year-on-year to ₹313.68 crore from ₹172.19 crore in FY25. The company has remained profitable since inception and delivered an approximate revenue CAGR of 121 percent over the last four years.
The announcement also follows Zelio E-Mobility’s listing on the BSE SME platform in October 2025. The company raised ₹78.34 crore through its initial public offering, comprising a fresh issue of ₹58.84 crore and an offer for sale of 11.4 lakh shares worth ₹15.50 crore. The IPO was subscribed 1.5 times overall.
Backed by expanding manufacturing capabilities, a strengthened workforce and a over 400 dealer network across over 25 states, Zelio E-Mobility continues to strengthen its presence in India’s electric mobility sector. Going forward, the company aims to expand to over 550 dealerships by FY27, with a focus on South India and the North-East.
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- By Neel Achary
25, Jun 2026
Keep opportunities in focus when reporting, new ACCA research urges business leaders
June 25: The latest research from ACCA uncovers how business leaders – particularly finance professionals – approach opportunities in reporting while navigating concerns around commercially sensitive information, organisational readiness, and stakeholder expectations.
The leadership behind reporting opportunities research acknowledges humans’ hard wired tendency to focus on downside risks over upside opportunities. This instinct is clearly reflected in corporate reporting and amplified by geopolitical and geoeconomic uncertainties. However, such an imbalance may limit investment and access to the financing needed to drive innovation – and progress towards resilient, sustainable business models.
The research aims to stimulate much needed discussion on this relatively underexplored topic of opportunity reporting – and support leaders, organisations and professional accountants. According to the report, a balanced approach is vital when evaluating opportunities that could reasonably be expected to affect the organisation’s prospects. For example, importance placed on sustainability and ESG factors should not automatically supersede financial or economic benefit and vice versa. Instead, organisations need to assess these considerations pragmatically in a balanced way.
Key findings from the report show that:
- Opportunities sit at the intersection of strategy, sustainability and capital allocation.
- When pursuing opportunities, organisations must first seek alignment and develop confidence internally – before working towards communicating opportunities externally.
- Connecting sustainability and financial information with long-term value creation and organisation resilience demands collaboration, co-creation and moving beyond compliance.
Hsiao Mei Chow, Head of Corporate Reporting Insights – Sustainability at ACCA said:
‘Business leaders, professional accountants and organisations must carefully tailor the timing of opportunity communication to their respective unique circumstances – and curate decision-useful information that safequards stakeholders’ trust while protecting competitive advantage. ‘
Research participants highlighted the need for policymakers and industry practitioners to work together to establish a common definition or set of criteria for ‘opportunity’. As corporate reporting progresses, greater alignment would support more consistent reporting and improve information comparability across industries and jurisdictions.
25, Jun 2026
‘Vande Bharatam’ Initiative Aims to Boost Rural Entrepreneurship: Gautam Adani
Ahmedabad, June 25: Gautam Adani has launched a new initiative titled ‘Vande Bharatam’, aimed at nurturing grassroots innovators and supporting emerging entrepreneurs across India, with a focus on inclusive growth and local talent development.
The initiative is designed to identify and empower individuals from rural and semi-urban regions who demonstrate innovative thinking and entrepreneurial potential. It seeks to provide mentorship, access to resources, and industry exposure to help transform early-stage ideas into scalable ventures.
Speaking on the launch, Adani emphasised the importance of unlocking India’s vast pool of untapped talent and creating pathways for sustainable economic participation at the grassroots level. He noted that innovation is no longer confined to urban centres and that India’s next wave of growth will be driven by ideas emerging from diverse regions of the country.
The programme is expected to support innovation across sectors such as clean energy, logistics, agriculture, infrastructure, and digital services. It will also focus on skill development and capacity building, enabling participants to better navigate market challenges and adopt technology-driven solutions.
Industry observers say the initiative aligns with broader national goals of promoting entrepreneurship, job creation, and self-reliance, while strengthening India’s innovation ecosystem. By connecting grassroots innovators with industry leaders and investors, Vande Bharatam aims to bridge the gap between ideas and implementation.
The launch comes at a time when India is witnessing a surge in startup activity and increased focus on decentralised innovation, with both public and private stakeholders investing in programmes that support early-stage entrepreneurs.
With this initiative, Adani Group aims to contribute to building a more inclusive and innovation-led economic landscape, encouraging participation from all sections of society in India’s growth story.
25, Jun 2026
Equity Markets Open in Green Amid Stable Crude Oil Prices
Mumbai, June 25: Indian equity markets opened on a positive note on Thursday, supported by easing concerns over global energy prices as crude oil hovered near the $70-per-barrel mark. Benchmark indices witnessed buying interest across key sectors, reflecting improved investor sentiment and optimism over economic stability.
The positive market opening comes amid relatively stable crude oil prices, which have remained close to the $70 level following recent fluctuations in global commodity markets. For India, one of the world’s largest crude oil importers, softer energy prices are generally viewed as beneficial for controlling inflationary pressures and reducing import costs.
Market participants noted that stable crude prices could provide support to corporate earnings, particularly for sectors heavily dependent on fuel and transportation costs. Banking, automobile, and consumer-focused stocks were among the early gainers as investors responded positively to the global cues.
Analysts believe that the moderation in crude oil prices may help sustain market momentum in the near term, while investors continue to monitor global economic developments, central bank policies, and geopolitical factors that could influence commodity markets.
The broader market sentiment remained constructive, with traders expecting continued volatility but maintaining a cautiously optimistic outlook for Indian equities.
25, Jun 2026
Dubai civility initiative demands new design thinking from developers
Keturah founder says citywide focus on behaviour, design and daily experience raises the bar across real estate sector
Dubai, UAE, June 25: Luxury developer Keturah says Dubai’s new civility initiatives will reinforce the emirate’s position as a global leader in how a city can improve everyday life for residents.
The Dubai Civility Committee has confirmed plans to introduce a Civility Guidebook and new guidelines for celebrating different occasions, as part of a wider drive to improve public behaviour, the city’s appearance and its overall standard of civility.
The programme also includes work on an integrated city lighting plan and a wider review of the city experience to set standards and systems required to design the world’s most civilised urban experience.
Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand, says the initiative reflects a more practical way of thinking about cities, where roads, public spaces and homes all work together.
“Dubai is now defining not only how a city should function, but how it should feel,” said Al Gaddah. “That means developers have to think differently about the spaces they create, and ensure their communities reflect the same principles being applied across the city.
“The way communities and homes are designed plays a big part in civility. How spaces are lit, the way communities flow, how people move through shared environments, and the balance of comfort and privacy all shape behaviour and interaction.”
Keturah has two luxury residential communities under development in Dubai designed around principles that support how people actually live and interact.
The Ritz-Carlton Residences at Keturah Resort, on the shores of Dubai Creek adjacent to the Ras Al Khor Wildlife Sanctuary, combines branded residences, hospitality and a dedicated wellness centre, creating spaces where residents naturally encounter and engage with each other.
The Dubai Civility announcement earlier this week follows the new Public Safety laws which came into effect on June 1, to improve safety standards across public spaces, buildings, events, and facilities.
Al Gaddah says such frameworks strengthen the link between how cities are governed and how they are designed, and reinforce the importance of aligning private development with Dubai’s long-term direction on safety, quality and liveability.
25, Jun 2026
Karyan Group Performs Bhoomi Poojan at Trevana Residences
Karyan Group Performs Bhoomi Poojan of their recently launched ‘Trevana Residences’ on NH-24, Ghaziabad
Ghaziabad, June 25: NCR-based Karyan Group performed the Bhoomi Poojan ceremony for its recently launched luxury residential project, Trevana Residences, strategically located on NH-24, opposite Wave City, Ghaziabad. The ceremony marks the formal commencement of development at the project site and reflects the company’s commitment towards timely execution and delivery. The company is investing ₹900 crore and is targeting an estimated revenue of nearly ₹1,500 crore from the development, reflecting growing demand for premium residences in emerging NCR micro-markets.
The Bhoomi Poojan ceremony was conducted in the presence of the company’s leadership, and well-wishers, symbolizing an auspicious beginning for the project. The event marked an important milestone in the development journey of Trevana Residences and reaffirmed Karyan Group’s vision of creating a landmark residential community in the rapidly evolving NH-24 corridor.
Designed to offer a blend of luxury, connectivity, and future-ready urban living, Trevana Residences will feature thoughtfully planned 3 and 4 BHK luxury residences with modern amenities, expansive layouts, and sustainable infrastructure. The project is positioned to cater to affluent home buyers and investors looking for premium housing options in the high-growth NH-24 corridor.
Spread across a prime location with seamless access to Delhi, Noida, and Meerut, the project offers close proximity to upcoming metro connectivity, educational institutions, healthcare facilities, retail hubs, and major business districts. The development features a grand 45,000 sq. ft. clubhouse along with landscaped greens, Bowling Alley, Pickleball Court, Cricket Pitch, Paddle Court, indoor & outdoor swimming pools, fitness centres, jogging tracks, smart security systems, and eco-conscious features such as rainwater harvesting and solar-powered common areas. The project is scheduled for completion by 2030.
The launch comes at a time when NCR’s luxury and upper mid-segment housing market is experiencing significant momentum, with developers increasingly focusing on integrated lifestyle communities that offer convenience, wellness, and long-term value appreciation.
Varun Garg, Director, Karyan Group, said, “The Bhoomi Poojan ceremony for Trevana Residences marks a significant milestone for us and reflects the beginning of our vision to create a premium residential destination on the NH-24 corridor. With Trevana Residences, our vision is to redefine premium living on the NH-24 corridor by developing a thoughtfully designed residential ecosystem that balances luxury, comfort, and connectivity. The project has been conceptualized keeping in mind the aspirations of modern homebuyers who seek spacious homes, lifestyle amenities, pollution free living and seamless access to key NCR destinations. We are confident that the project will not only witness strong market response but also contribute significantly to the evolving urban landscape of NH-24.”
Backed by over 15 years of diversified business experience across real estate (Residential & Commercial), Warehousing, and Emerging Technologies, Karyan Group continues to strengthen its presence in the Delhi-NCR market through quality-driven developments focused on innovation, timely delivery, and customer-centric planning.
25, Jun 2026
Yudo India Doubles Hot Runner Capacity at New Vasai Facility, Strengthening India’s Plastics Manufacturing Ecosystem
Vasai, Maharashtra June 25: Yudo Hot Runner India Pvt. Ltd. has opened a new 40,000 sq ft manufacturing facility in Vasai, near Mumbai, dedicated exclusively to Hot Runner systems. The expansion more than doubles the company’s domestic production capacity from around 180–190 systems per month to nearly 400 marking one of Yudo’s most significant investments in strengthening India’s plastics manufacturing base.
The facility embodies a “global technology, local manufacturing” approach – world-class hot runner systems engineered and built in India for Indian market. With design, R&D, simulation, manufacturing, assembly, and testing all under one roof, the Vasai plant becomes one of Yudo’s nine global R&D centres, placing India at the heart of the company’s worldwide network of 24 plants across more than 45 countries.
Hot runner systems are integral to injection moulding, the process behind a vast range of plastic products. Yudo serves diverse segments across India with automotive as its largest market, followed by packaging, medical, and PVC and commands close to 70% of the automotive hot runner segment, underlining its leadership in the industry.
By scaling domestic manufacturing, the new plant meets a significantly larger share of India’s hot runner demand from within the country – giving Indian customers faster delivery, localised engineering support, and globally benchmarked quality, all backed by an in-country R&D and testing ecosystem.
“With growing demand, shorter delivery timelines, and higher service expectations, it was essential to scale up our manufacturing capacity,” said Vishal Agarwal, President, Yudo Hot Runner India Pvt. Ltd.
“This facility strengthens our ability to serve the domestic market while reinforcing India’s role in Yudo’s global network.”
Mr. Agarwal pointed to Yudo’s deep roots in India, with over 25 years in the hot runner segment. “We are the oldest company in India still operating in this space, and Vasai was a natural choice given its position as a hub for automotive tooling,” he added.
The facility currently employs 100 people, with plans to grow to 125 within six months. As part of its commitment to inclusive manufacturing, Yudo is targeting 50% female workforce participation on the shopfloor, supported by structured training for CNC operations during day shifts.
That same focus on responsible manufacturing extends to the plant’s environmental design. The facility is powered by rooftop solar panels and harvests rainwater to reduce its draw on local resources. A heat-resistant film on the building lowers cooling loads and overall energy consumption, while a solar daylighting system channels natural light across the shopfloor, virtually eliminating the need for artificial lighting through the day. Together, these measures cut the plant’s energy use and carbon footprint, reflecting Yudo’s commitment to responsible, future-ready manufacturing in India.
The new plant reflects Yudo’s vision of becoming a market-centric company in India, catering to rising domestic demand while preparing for future growth. By combining global technology with local manufacturing, the investment supports India’s emergence as a self-reliant, advanced manufacturing hub and strengthens the wider plastics manufacturing ecosystem that underpins the country’s industrial progress.
24, Jun 2026
Apis India Strengthens Leadership with Three Key Senior Appointments
New Delhi, June 24: Apis India Limited one of India’s honey processing and FMCG companies with a legacy spanning 100 years, has announced three senior leadership appointments as part of its ongoing efforts to strengthen organisational capabilities and support the next phase of growth. The company has appointed Arun Mishra as National Sales Head – General Trade, Ankit Nagar as Chief Financial Officer (CFO) and Key Managerial Personnel, and Pankaj Tripathi as GM-HR, Admin & IT.
Commenting on the appointments, Mr Amit Anand, Managing Director, Apis India, said:
“As Apis India enters its next phase of expansion, I am confident that these leadership appointments will play a pivotal role in driving our strategic priorities and strengthening our market position.”
He further added,
“We are delighted to welcome Arun, Ankit, and Pankaj to the Apis India leadership team. Arun’s extensive expertise will be instrumental in expanding our distribution network and strengthening our general trade presence across markets. Ankit brings strong financial acumen and experience in building scalable, process-driven organisations, which will be invaluable as we enhance operational efficiency and support long-term business growth. Pankaj’s deep experience in people leadership and talent development will help us build a future-ready workforce and foster a high-performance culture.”
Ankit Nagar,Chief Financial Officer (CFO) and Key Managerial Personnel
Mr Ankit Nagar is a qualified Chartered Accountant with over 16 years of post-qualification experience across financial reporting, financial planning & analysis (FP&A), strategic growth planning, corporate governance, regulatory compliance and transformation initiatives. He has a strong track record of enabling organizations to achieve their growth ambitions while maintaining financial discipline and governance standards. He has led multiple mergers and acquisitions, business restructuring initiatives and managed financial, tax, and legal due diligence for strategic acquisitions as well as overseeing post-merger integration processes to realize synergies and support business expansion objectives.
Prior to joining Apis India, Nagar has worked with Dharampal Satyapal Foods Limited, Modi Rubber Limited, HSBC Electronic Data Processing Pvt. Ltd., and SRBC & Co LLP.
Arun Mishra, National Sales Head, General Trade
Based at the company’s New Delhi headquarters, Mr Arun Mishra will lead the General Trade sales function across India, with responsibility for driving revenue growth and strengthening Apis India’s distribution network. He is a Management Postgraduate with an MBA in Marketing & IT from Apeejay School of Management, Greater Noida, and brings over 25 years of experience in sales and marketing across reputed organisations including Soothe Healthcare, Birla Morton, Modi Naturals, Haldiram Snacks, and Devyani Beverage.
Most recently, Mishra served as Vice President, Sales at Sunbridge Agro, where he oversaw large-scale sales and marketing operations across India.
Pankaj Tripathi – GM-HR, Admin & IT
Mr Pankaj Tripathi holds an MBA in Human Resource Management and brings over 18 years of diverse experience across FMCG, manufacturing, hospitality, and retail sectors. He has held key HR leadership positions at DS Group, PVR INOX, Mahindra Group, and Royal Orchid Hotels. His expertise covers strategic HR business partnering, talent management, industrial relations, and HR digitalisation.
Recently, Apis India reported its highest-ever consolidated annual turnover of ₹390.51 crore in FY 2025-26, reflecting an approximately 11.5% YoY increase. Q4 FY26 was particularly robust, with consolidated net profit rising 27.3% YoY to ₹10.35 crore and revenue growing 8.6% YoY to ₹97.89 crore.
The year was also marked by key strategic milestones: the launch of the MISK Masala Dates range and a government-approved subsidy of approximately ₹1.66 crore towards a new 2,400-MT-per-annum jam manufacturing facility at Roorkee.
24, Jun 2026
India Set to Roll Out Services Production Index
New Monthly Production Index to Enhance Tracking of India’s Services-Led Growth
New Delhi: In a significant step towards strengthening economic data monitoring, the Government of India is set to launch a Monthly Production Index for the services sector in July, providing policymakers, businesses and investors with a more comprehensive view of the country’s economic performance.
The new index is expected to bridge a key data gap by offering high-frequency insights into the services sector, which contributes more than half of India’s Gross Domestic Product (GDP) and serves as a major driver of economic growth, employment and investment.
Officials said the initiative is aimed at improving the measurement of economic activity by providing timely indicators on output trends across major service industries. The index will enable stakeholders to track growth patterns more accurately and assess the health of the economy on a monthly basis.
The move comes at a time when India’s services sector continues to play a crucial role in supporting economic expansion, driven by strong performance in areas such as financial services, information technology, telecommunications, transport, hospitality and professional services.
Experts believe the introduction of the monthly index will strengthen India’s statistical infrastructure and align economic reporting standards with leading global economies that already publish high-frequency services data.
The index is also expected to assist policymakers in making quicker and more informed decisions by providing real-time insights into sectoral performance, demand conditions and emerging economic trends.
Industry analysts have welcomed the initiative, noting that improved data availability can enhance transparency, support investment planning and provide greater clarity on the pace and direction of economic growth.
The launch of the Monthly Production Index reflects the government’s continued efforts to modernise economic data systems and improve the quality of information available for policy formulation and business decision-making.
24, Jun 2026
India, China Explore Ways to Deepen Engagement
New Delhi, June 24: Chinese Foreign Minister Wang Yi met Prime Minister Narendra Modi to discuss ways to deepen cooperation between India and China and strengthen bilateral engagement across multiple areas of mutual interest.
During the meeting, both sides reviewed the current state of relations and exchanged views on enhancing dialogue and stability in ties between the two neighbouring countries.
Wang Yi emphasised the importance of expanding cooperation and maintaining constructive engagement to promote regional stability and mutual development. He noted that closer collaboration between India and China could contribute positively to broader global and regional challenges.
Prime Minister Narendra Modi underscored the need for maintaining peace and stability along the border areas and highlighted the importance of building a relationship based on mutual respect, sensitivity and shared interests.
Both sides acknowledged the significance of regular communication at high levels to address concerns and explore opportunities for cooperation in areas such as trade, investment and people-to-people exchanges.
The meeting reflects ongoing diplomatic efforts to manage differences and strengthen engagement between the two major Asian economies.
