Category Archives: Business

Timex Introduces the New iConnect Alpha Range

New Delhi, April 14: In an era where endless scrolling dominates social media, Mad Monkey AI is taking a different approach by inviting students to help build a more purposeful alternative. The company has announced the upcoming launch of its social platform and opened early access through a pre-launch waitlist. The initial rollout will focus exclusively on student communities, placing them at the centre of the platform’s evolution. This marks the beginning of a student-led movement to redefine social media toward more intentional and meaningful engagement.

At the heart of this initiative is the Founding Campus Founders programme. Each participating college will onboard a select group of early student leaders who will play a direct role in shaping how the platform develops. These builders will initiate and lead Sparks, which are collaborative, project-based interactions within the app, while also fostering active campus communities around shared ideas and execution.

Speaking on the announcement, Lakshman Devarajan, Founder and CEO of Mad Monkey AI said, 

“We are building this platform with a clear focus on how students actually want to use their time and ideas. The early response has shown that students want more than passive engagement. They want to contribute and be recognised for what they build. That is why we have opened up the process at this stage itself. The Campus Founders are helping define the platform. Their inputs are already shaping product decisions, and this will continue as we scale across campuses. We see this as a long-term build with the community at the centre of it.”

To support the rollout, Mad Monkey AI has initiated a campus-focused campaign in which student creators and influencers are introducing the platform within their networks. As part of these early community-building efforts, the company has onboarded 25 student influencers across 5 major cities in India including Delhi, Mumbai, Hyderabad, Bangalore, and Chennai. This initial campaign has already generated 550+ waitlist sign-ups, primarily from students across colleges and universities. The initiative encourages students to sign up for the waitlist and engage with the concept early, helping to build momentum ahead of the official launch.

The campaign centres on a clear call to action that encourages students to move from passive consumption to active participation by starting or joining Sparks. These Sparks enable users to collaborate with peers to build tangible outcomes such as concepts, solutions, or shared initiatives. Early examples of such collaborations will be showcased to give prospective users a clear understanding of how the platform is intended to be used.

Inputs from Campus Founders and early users are being actively reviewed, with high-engagement ideas considered for direct implementation into the platform. Mad Monkey AI is currently in discussions with multiple colleges and universities for early partnerships as part of its Founding Campus Founder Program. Contributors whose ideas are adopted will be visibly recognised within the product and across official channels. This includes attribution within feature sections, visibility on the platform, and public acknowledgement of their role in building the ecosystem. The co-creation model is designed to foster a strong sense of ownership and provide tangible recognition that extends beyond traditional campus programmes.

Markets Closed for Ambedkar Jayanti; Trading to Resume on April 15

Mumbai, Apr 14 (BNP): Indian financial markets remained shut on Tuesday, April 14, 2026, in observance of Ambedkar Jayanti, marking the birth anniversary of Dr. B. R. Ambedkar.

The closure applies to major exchanges including the National Stock Exchange of India and the Bombay Stock Exchange, with trading suspended across equity, derivatives, and currency segments. The forex market also remained closed for the day in line with the holiday schedule.

According to the official trading calendar, normal market activity is set to resume on Wednesday, April 15, 2026.

Commodity exchanges observed a partial holiday, with morning trading sessions remaining closed, while evening operations are expected to reopen as per standard schedule.

The market holiday provided a pause in trading activity across segments, aligning with the nationwide observance of Ambedkar Jayanti.

SWITCH Mobility completes India’s largest electric bus export to Mauritius

Chandigarh, April 14: SWITCH Mobility, a global manufacturer of electric buses and light commercial vehicles, part of the Hinduja Group, has completed the delivery of 100 electric buses to the Government of Mauritius, marking a significant milestone in the ongoing collaboration between India and Mauritius in advancing sustainable public transportation.

The final lot of 90 buses were handed over by External Affairs Minister of India, Dr. S Jaishankar to the Prime Minister of Mauritius, Dr. Navinchandra Ramgoolam as part of a broader Government-led engagement involving senior dignitaries from both nations. The buses were delivered through an open tender conducted by Convergence Energy Services Limited (CESL) in India and are operated by the National Transport Corporation (NTC), Mauritius’ state-owned public transport operator.

This deployment represents the largest export of electric buses from India. The delivery follows a government to government arrangement, under which the 100 electric buses are being provided as a donation from the Government of India to the Government of Mauritius to promote clean mobility in the country. The initiative aims to support the modernization and sustainability of public transportation in Mauritius.

Designed for efficient public transportation, the SWITCH EiV12 integrates advanced engineering with intelligent technology to deliver high reliability, operational efficiency, and superior passenger comfort. With spacious seating for up to 45 passengers, the ergonomically optimized and meticulously manufactured bus meets global standards in performance, safety, durability, and reliability, making it ideal for modern urban commutes. Powered by SWITCH iON, the company’s proprietary telematics system, it enables real-time vehicle health monitoring, intelligent transport management, and fleet optimization. Floor-mounted lithium iron phosphate (LFP) batteries provide a low centre of gravity for improved stability. Additionally, a rear dual-gun charging interface supports faster turnaround times and efficient depot operations.

Commenting on the completion of the order, Mr. Ganesh Mani, CEO, Switch Mobility, said,

“Mauritius is taking meaningful strides towards building a cleaner and more sustainable public transport system, and we are proud to be part of this journey. The completion of this 100-bus delivery marks an important milestone in strengthening the country’s transition to electric mobility, with tangible benefits for urban efficiency, environmental sustainability, and everyday commuter experience. As a global EV manufacturer building in India for the world, Switch Mobility remains committed to supporting Mauritius in shaping a greener, more resilient, and future-ready transport ecosystem.”

The deployment aligns with broader environmental and urban development goals in Mauritius, focusing on reducing emissions and improving public transit efficiency. This export is seen as a milestone in SWITCH Mobility’s efforts to expand into global markets.

Instamart and Kalyan Jewellers Enable Customers to Lock Today’s Gold Price for Akshaya Tritiya

Chandigarh, Apr 14: This Akshaya Tritiya, jewellers are making it easier for gold buyers to plan ahead despite changing prices. Instamart, India’s pioneering quick commerce platform, has partnered with Kalyan Jewellers to facilitate Gold Rate Protection, a first-of-its-kind feature that lets consumers lock today’s gold rate and buy on the day of Akshaya Tritiya, for whichever price is lower the lock-in price or the market rate on that day.

Gold holds enduring significance during Akshaya Tritiya, symbolising prosperity and auspicious beginnings. As customers plan their purchases in the lead-up to the festival, ease and assurance become equally important. Instamart’s Gold Rate Protection, makes it both convenient and reassuring for users ordering BIS hallmarked gold coins from Kalyan Jewellers.

How It Works

Between April 10 and April 16, 2026, consumers can select eligible Kalyan Jewellers gold coins on the Instamart app and pay 5% advance, starting from ₹500 for a 0.5 gm gold coin to prebook and take delivery on Akshaya Tritiya. On April 19, between 8:00 AM and 12:00 PM IST, they complete their purchase at the lower of the two prices – gold rate on the day of pre-booking or as per delivery date, whichever is lower. All prebook customers will also receive a free silver coin from Kalyan Jewellers.

Arjun Choudhary, VP Growth, Instamart,

“At Instamart, we’ve consistently looked to innovate around how Indians shop for precious metals during key occasions, from delivering 1 kg silver bricks during Dhanteras to introducing silver Rakhis for Raksha Bandhan. The gold Rate protection is a feature designed to help consumers navigate gold prices with greater confidence during the festival. By allowing users to secure a price in advance while still benefiting from any price drops, we strive to offer strong overall value to consumers. This is quick commerce going beyond convenience to deliver meaningful value on culturally significant purchases.”

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers,

“Gold rate protection has been a preferred feature across Kalyan Jewellers’ retail showrooms, offering customers greater assurance while planning their festive purchases. With Instamart, we are extending this for the first time to a quick commerce platform. As traditions evolve, we remain committed to making gold buying both meaningful and seamless.”

Last year, Instamart witnessed a surge of over 500% in gold and silver coin sales on Akshaya Tritiya compared to Dhanteras, underlining the growing appetite among Indian consumers for quick commerce as a trusted channel for auspicious purchases.

This initiative is the latest in Instamart’s continued effort to go beyond everyday essentials, cementing its role as a destination for meaningful, occasion-led purchases delivered with the speed and trust its customers have come to rely on.

All gold and complimentary silver coins are BIS Hallmarked, 24 Karat Kalyan Jewellers gold coins, will be subject to availability and subject to the terms of the offering.

 

SITL confirms its transformation and strengthens its position as a strategic meeting point for the industry

• a round table on resilience at 10 a.m., attended by General Fabrice Feola
• a technical session on public procurement at 11:20 a.m., open to all
• a walk-through visit with private operators at 1 p.m.
• followed, at 2 p.m., by an exclusive debrief of the Excalibur exercise for a selected audience of major transport and logistics players

• Operations: Urbantz
• Intralogistics: Packsize
• Infrastructure / Real Estate and Territories: Drop’n Plug
• Services: Weenlo
• HR Policy: CGI / City’Pro / Réseau C&S
• Special Jury Prize: Sensolus (Intralogistics)
• Special Jury Prize: Monstock (Operations)

​Toscano Starts Its Second Chapter in Delhi, Expands With Another Outlet in Pitampura

Delhi, Apr 14: Toscano has steadily become the go-to brand for Italian dining in India. After finding warmth from its patrons in Bengaluru, Chennai, Mumbai, Pune, Hyderabad and Delhi, it has come back to the capital with another outlet. Their authentic Tuscan-inspired menu of pizzas, handmade pastas and delicious main courses will now also be available in Pitampura’s Unity One Mall. 

Co-founded by Chef Jean-Michel Jasserand and Chef Goutham, their combined eye blending European technique with local sensibilities gives Toscano its award-winning edge. Over 20 outlets across India, the regulars know and return for their menu spanning sourdough pizzas, seasonal specials and Italian multi-course experiences. With each dish reflecting balance, technique, and flavour consistency, Toscano transports you to Italy, while still being in Delhi. 

Look for the Insalata di Formaggio di Capra e Pere with goat cheese and roasted pears; the Pizza Toscano, for pizza lovers, Salmon Grigliato with Norwegian salmon. The Chicken di Toscano, filled with spinach and ricotta, is a staple across every city Toscano has entered. The beverage menu pairs wines and cocktails to the food with the same level of detail by the coming month, until then guests can enjoy the refreshing mocktails at the outlet. The dessert menu ensures a lingering aftertaste of a complete meal. Their house Tiramisu is much talked about, the Crème Brule and Kahlua Mousse have gained a loyal audience across six major cities. 

The interiors follow the brand sensibility earthy tones, dark green, brown accents, lighting that doesn’t try too hard. Alfresco seating brings in the European element easily within. 

“Opening our second outlet in Delhi is a proud milestone for Toscano. We are bringing the same obsessive dedication to quality that defines us across India, now available in a new neighbourhood in the capital. We invite Delhi to savor the craft and enjoy the Italian dining experience made with love ,” says Rohit Tokhi, COO. 

The second address in Delhi is now open. Come in, the menu and hospitality ensures you have a good time.  

Automha and Comau to Showcase Integrated Logistics Automation Solutions at Modex 2026

Atlanta, April 14, 2026 – Automha and Comau, will present their synergistic portfolio of integrated logistics automation solutions at MODEX 2026, taking place April 13–16 in Atlanta, Georgia (USA), booth A3418.

The joint portfolio enables customers to rely on a complete offering that covers all phases of the logistics flow: inbound product handling, intelligent storage strategies, automated storage and retrieval, order preparation and synchronized shipping. This integrated 360° approach ensures seamless connectivity across the entire logistics process and can include, when required, process design, software orchestration and turnkey solutions implementation.

“Our presence at MODEX 2026, marks an important step forward in Comau’s expansion strategy into high-growth markets, with a primary focus on automated logistics, that is expected to grow more than 10% of annual growth” stated Pietro Gorlier, CEO of Comau. “In a global landscape where flow efficiency has become a critical competitive factor, we are bringing our long-standing expertise to new, dynamic segments. By integrating Comau’s robotics, mobile automation and digital capabilities with Automha’s expertise in automated storage systems, we offer a comprehensive modular ecosystem. Our goal is to simplify the automation of complex processes, providing customers not only with productivity and scalability but also with enhanced operator ergonomics through our wearable solutions.“

At MODEX, Automha unveils for the first time NOVA AI, showcasing it through a live demo. NOVA AI is an artificial intelligence assistant natively integrated into AWMS (Automha Warehouse Management System) that leverages real-time plant data to interpret operations, events, and anomalies, enabling faster issue analysis and more efficient process management. Built on a multi-agent architecture and accessible via a conversational interface, it delivers contextual insights without the need for manual data consultation, improving efficiency and reducing intervention times.

During the event, visitors will be able to see Quaterways, Automha’s multidirectional shuttle system designed to move orthogonally along aisles and easily access accumulation channels to enable fully automated storage and retrieval operations. Managed through the Automha Warehouse Management System (AWMS), the solution allows operators to optimize storage density while maintaining flexibility and real-time control. Its capability to manage multiple pallet formats within the same channel and dynamically optimize travel paths makes it well suited for high-mix logistics environments such as those typical of 3PL and e-commerce operations.

Unlike traditional shuttle solutions, which are limited in movement or require dedicated transfer systems between different warehouse areas, Quaterways introduces a truly multidirectional movement logic, allowing the shuttle to operate continuously and smoothly both along main aisles and within storage channels. This approach enables significantly reduced cycle times, increased storage density, simplified system architecture and improved operational flexibility, especially in high-variability environments.

Integrated with the Automha proprietary Warehouse Management System (AWMS), Quaterways offers high versatility, enabling maximum storage density, operational flexibility and real-time control. Its capability to manage multiple pallet formats within the same channel and dynamically optimize travel paths makes it well suited for complex logistics environments, such as those typical of 3PL and e-commerce operations.

Pallet Runner GTR and Pallet Runner 4D solutions, the latest evolutions of Automha’s shuttle technology for multi-depth pallet storage, will also be on display. With over 12,500 units installed worldwide and a presence in 79 countries, the system is available in multiple standard configurations designed to accommodate different pallet types and load units, while maintaining full compatibility with major racking systems and forklifts, ensuring easy integration into both new and existing warehouses.

Comau will also present its MyMR autonomous mobile robots, developed in collaboration with Milvus Robotics. Built to Comau’s quality standards, with Comau acting as an integrator in developing the innovative AMR product, MyMR robots provide flexible, infrastructure-free material transport between storage areas, workstations and production lines. Key advantages of the MyMR platform include a robust fleet management system, rapid deployment without fixed infrastructure, flexible navigation capabilities and advanced safety features that allow the mobile robots to operate efficiently alongside people and existing equipment. These characteristics help companies improve internal logistics flows while achieving fast return on investment and scalable automation.

Finally, Comau’s MATE-XT GO wearable robotic exoskeletons, designed to support operators during repetitive or physically demanding tasks by reducing shoulder strain, is also on display. The device, along with the entire MATE exoskeleton family, can help improve worker ergonomics and productivity in applications such as truck unloading, manual sorting and warehouse handling activities.

* In-house estimates based on published market research.

Source Logistics Named In 2026 Latino Leaders Index 500

Top logistics provider earns a spot among the nation’s largest Latino-owned companies for the second year in a row

HOUSTON, April 14: Source Logistics, a leading omni-channel distribution, warehousing, and transportation provider, has been named to the 2026 Latino Leaders Index 500, an annual ranking of the largest Latino-owned businesses in the United States. Published by Latino Leaders Magazine, the list underscores the nationwide economic strength, innovation, and leadership demonstrated by Latino entrepreneurs.

This recognition marks the second consecutive year that Source Logistics has earned a spot on the prestigious Index 500, reinforcing the company’s continued growth trajectory and its position as one of the most prominent Latino-owned logistics providers in the country.

“Being named to the Latino Leaders Index 500 for another consecutive year is a testament to the hard work, resilience, and dedication of our entire team,” said Marcelo Sada, President of Source Logistics. “We are proud of our heritage and the journey that has brought us here. As we continue to grow, we remain focused on creating opportunities for our employees, delivering exceptional value to our customers, and contributing meaningfully to the communities we serve.”

Over the past year, Source Logistics has continued to invest in infrastructure, technology, and talent to meet the evolving needs of its customers. The company has strengthened its capabilities in warehousing, transportation management, and integrated supply chain solutions, supporting clients across industries such as food and beverage, consumer goods, and retail. This sustained growth underscores the company’s commitment to operational excellence and long-term customer partnerships.

The Latino Leaders Index 500 ranks companies based exclusively on annual revenue, serving as a benchmark for the scale and economic impact of Latino-owned enterprises across diverse industries. Source Logistics’ continued inclusion reflects not only its expanding national footprint but also its increasing influence within the highly competitive U.S. supply chain and logistics sector.

The recognition also highlights the broader impact of Latino-owned businesses on the U.S. economy. Collectively, companies on the Index 500 generate billions in revenue and play a critical role in job creation, innovation, and economic development across the country.

As Source Logistics scales nationally, it remains committed to driving innovation, delivering best-in-class supply chain solutions, and creating value for customers and partners. Learn more at www.sourcelogistics.com or contact the team to discuss your supply chain needs.

VST Tillers Tractors Showcases Innovative Product Portfolio at National Agriculture Expo 2026

Raisen, Madhya Pradesh | Apr 13: VST Tillers Tractors Ltd., a pioneer in compact agricultural machinery in India, showcased its latest portfolio of innovative farm mechanisation solutions at the National Agriculture Expo 2026 organised by the Union Ministry of Agriculture and Farmers Welfare in association with the Ministry of Agriculture, Madhya Pradesh in Raisen, Madhya Pradesh. Designed to address the evolving needs of modern farmers, VST’s new product range marks a significant advancement in fuel efficiency, performance, and versatility for small and mid-sized farming operations.

Shri Shivraj Singh Chouhan, Minister of Agriculture and Farmers Welfare Government of India and Shri Narayan Singh Kushwaha, Hon’ble Minister for Horticulture, Government of Madhya Pradesh, visited the VST stall at the exhibition and commended the company’s innovations and sustained efforts in advancing horticulture mechanization. At the Expo, the company unveiled its latest innovations, including the FENTM Series Tractors, Electric Power Tiller, and Electric Power Weeder, each reflecting VST’s commitment to sustainable and technology-driven agriculture.

The FENTM Series comprises five high-performance and fuel-efficient models, 180 FENTM, 224 FENTM, 225 FENTM, 270 FENTM, and 929 FENTM, offering a horsepower range of 18.5 HP to 29 HP. Available in both 2WD and 4WD configurations, these tractors are engineered to deliver enhanced productivity, superior operator comfort, and long-term reliability.

Positioned as compact yet powerful farming solutions, the FENTM Series is designed for versatility across diverse terrains and agricultural applications. Each model delivers an optimal balance of power, manoeuvrability, and fuel efficiency, making it ideally suited for the varied needs of Indian farmers.

VST’s Electric Power Tiller and Electric Power Weeder further underscore the company’s vision to enable sustainable agriculture through advanced mechanisation. These EV solutions are engineered to deliver high performance with minimal environmental impact, aligning with India’s clean energy and decarbonisation goals. The electric range offers farmers eco-friendly operations, lower running costs, and ease of use, heralding a new era of green farming solutions.

Building on its strong legacy of engineering excellence and indigenous innovation, VST is now leveraging global EV learnings to strengthen India’s small-farm mechanisation ecosystem. Through future-ready, locally developed solutions, the company aims to redefine productivity, sustainability, and affordability for the next generation of farmers.

The National Agriculture Expo 2026, a premier three-day agricultural exhibition and training platform, is being held from April 11–13, 2026, at the Dussehra Ground in Raisen. The event brings together farmers, policymakers, researchers, agri-startups, and industry leaders to showcase advancements across the agricultural value chain. With over 300 exhibition stalls, the expo features innovations in farm mechanisation, improved seeds, irrigation technologies, drones, digital agriculture, livestock, fisheries, and food processing.

India, Oman Explore Ways to Strengthen Trade and Investment Ties

New Delhi, Apr 13 (BNP): India and Oman have discussed ways to enhance bilateral trade and investment, focusing on expanding economic cooperation between the two countries.

Commerce and Industry Minister Piyush Goyal held discussions with Oman’s Commerce, Industry and Investment Promotion Minister Anwar bin Hilal bin Hamdoun Al Jabri on strengthening economic relations and identifying new areas of partnership.

The talks also centred on leveraging opportunities under the India–Oman Comprehensive Economic Partnership Agreement (CEPA) to further boost trade flows and investment ties for mutual growth.

Officials noted that in recent days, Goyal has also engaged with trade ministers from Saudi Arabia, the UAE, Bahrain, and Kuwait as part of broader efforts to deepen India’s economic engagement with West Asian countries.