16, Apr 2026
Capgemini Marks World Earth Day 2026 with Progress on Net-Zero Transformation
Mumbai, Apr 16: On the occasion of World Earth Day, themed ‘Our Power, Our Planet’, Capgemini reaffirms its commitment to embedding sustainability into the very fabric of its business, demonstrating that
As part of its bold ambition to become a net–zero business by 2040, Capgemini has made significant progress over the past five years by integrating sustainability into its operations, services, and organizational culture, reinforcing that it is shaped by people’s actions every day.
Key Progress Highlights:
· Achieved 100% renewable electricity, up from 28% in 2019
· Reduced travel emissions by 70% compared to 2019 levels
· Delivered a 94% reduction in Scope 1 and 2 emissions versus the 2019 baseline
This transformation has been driven by a structured approach across five key pillars:
· Decarbonizing operations and supply chain
· Driving employee engagement and sustainable behaviors
· Advocating for broader ecosystem change
· Embedding circularity, water conservation, and biodiversity protection
· Enabling clients to become more resilient and sustainable
India-Focused Sustainability Initiatives:
· Capgemini’s Energy Command Centre (ECC), a centralized and scalable model, is optimizing energy efficiency across its India operations
· Since its launch in April 2022, the ECC has enabled a 29% annual reduction in energy usage, equivalent to ~25 GWh
· Solar parks contribute 26% of total energy consumption across 8 campuses in India
· Capgemini has transitioned its cafeteria kitchens across offices in India from Liquefied Petroleum Gas (LPG) to nature-based Bio-CNG (biogas), as part of an initiative implemented in 2024 to advance sustainable operations
Global Sustainability Impact:
· 76% of Capgemini’s fleet comprises electric and hybrid vehicles
· 18 million trees planted globally as part of investments in nature and climate solutions
· Delivered 5,000 sustainability-focused client projects in 2025
· Achieved 96% employee participation in sustainability training programs
Capgemini’s five-year net–zero review underlines progress as well as the complexities of driving enterprise-wide transformation, offering insights into lessons learned, collaboration models, and the path ahead.
This World Earth Day, Capgemini continues to focus on translating bold ambition into measurable impact.
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- By Neel Achary
16, Apr 2026
Snabbit hires Abhinav Ankur as CBO to consolidate early lead in India’s USD 60B quick home services market
Bengaluru, Apr 16: Snabbit, India’s first quick-service app for on-demand home services, today announced the appointment of Abhinav Ankur as Chief Business Officer (CBO). A seasoned operator with a strong track record of scaling high-growth businesses, Abhinav will lead Snabbit’s business expansion as the company deepens its position as a category creator and early market leader in one of India’s largest yet under-penetrated consumer segments.
Abhinav brings extensive experience across consumer internet and logistics-led platforms, having held leadership roles at OYO and WheelsEye, where he drove business growth, operational scale, and category expansion. Known for translating strategy into execution at pace, he joins Snabbit at a pivotal moment as the company moves from rapid early adoption to structured market leadership.
Growing demand
Snabbit is redefining convenience for urban Indian households through its quick-service model for on-demand home services. In six months, the platform has scaled from 10,000 to over 40,000 daily jobs and crossed 1 million jobs in March, placing it among the fastest-scaling players in the space and signaling strong repeat demand in a high-frequency category.
India’s home services market is estimated at over $60 billion, with the majority still fragmented and offline. It is expanding rapidly at a projected CAGR of 18-22% through FY2030, as consumers increasingly seek convenience, reliability, and accountability that offline alternatives struggle to provide.
First to market & early lead consolidation
As the category begins to formalize, Snabbit is emerging as a market maker, building the first scaled quick-service layer for daily home services with a focus on speed, reliability, and consistency. The company’s approach is not just aggregating demand, but structuring supply and usage to enable category-wide shift towards organized, tech-enabled consumption.
Abhinav’s appointment comes as Snabbit sharpens its focus on building depth, strengthening its operating model, and consolidating its early leadership position while expanding across urban markets.
“Opportunities to shape a category at this scale are rare,” said Abhinav Ankur, Chief Business Officer, Snabbit. “Daily home services remain one of the largest offline segments in India. What stood out to me about Snabbit is the clarity of the model and the early signs of product-market fit. The pace of adoption, combined with strong execution, creates the opportunity not just to participate in this market, but to define it.”
Aayush Agarwal, Founder, Snabbit, added,
“Scaling a category like ours requires both speed and structure, with the importance of the latter only increasing as we grow. Abhinav brings a deep understanding of how to build systems that can operate at this level of complexity, and we’re excited to have him lead this next phase with us.
Having scaled from 400 to 40,000 daily jobs in under a year, we are at a clear inflection point. The depth and discipline with which we operate from here will define our ability to build a high-quality, sustainable organization that serves millions of customers and experts.”
With this appointment, Snabbit is doubling down on its ambition to become the defining platform for on-demand home services in India by combining speed, reliability, and operational excellence at scale.
The company is actively hiring across roles as it continues to invest in talent, technology, and infrastructure to support its next phase of growth.
16, Apr 2026
Stock Markets End Lower as Profit Booking Hits Financial Shares
Apr 16 (BNP): Indian equity markets ended lower on Thursday after a volatile trading session, as investors booked profits in banking and financial stocks following a recent rally.
The Sensex closed 122.56 points, or 0.16%, lower at 77,988.68. During the day, the index swung sharply, touching an intraday high of 78,730.32 before slipping to a low of 77,674.93, reflecting strong volatility.
Similarly, the Nifty 50 declined 34.55 points, or 0.14%, to close at 24,196.75, as selling pressure emerged at higher levels.
Market participants said the fall was mainly driven by profit-taking after recent gains, particularly in banking and financial stocks, while broader sentiment remained cautious amid global cues.
16, Apr 2026
MF Bharat App to Expand Mutual Fund Access for Gig Workers in Smaller Cities
Apr 16 (BNP): MF Bharat, the mutual fund investment platform operated by iPrudent (formerly Prudent Asset India Pvt Ltd), has announced a new initiative aimed at improving financial inclusion among gig workers and investors in Tier 2 and Tier 3 cities.
The programme seeks to simplify access to mutual fund investments through digital tools, making it easier for first-time and underserved investors to participate in wealth creation opportunities.
The initiative is expected to particularly benefit gig economy workers by offering a more accessible and user-friendly investment experience, helping them build long-term financial stability.
Company officials said the platform is focused on expanding awareness and participation in mutual funds beyond major urban centres, contributing to broader financial inclusion across India.
16, Apr 2026
Equity Mutual Fund AUM Rises 17pc in March on Sustained Investor Inflows
Apr 16(BNP): India’s equity-oriented mutual funds registered a strong 17.38% year-on-year increase in average assets under management (AUM) in March, driven by consistent and diversified investor inflows across multiple fund categories.
The growth was largely supported by strong participation in flexi-cap, mid-cap, and thematic funds, indicating that investors are increasingly looking beyond large-cap exposure and showing a stronger appetite for diversified equity strategies with higher growth potential.
Market observers note that the steady inflows reflect continued confidence among both retail and institutional investors, even amid periodic market volatility and global uncertainties. The sustained investment trend also highlights the deepening participation of domestic investors in equity markets.
Experts further point out that improved market sentiment, coupled with disciplined monthly inflows through systematic investment plans (SIPs), has played a key role in supporting AUM growth. This trend underscores a shift toward long-term wealth creation rather than short-term trading behaviour.
Overall, the rise in AUM signals strengthening investor engagement in equity mutual funds, with diversified fund categories continuing to attract significant capital inflows.
16, Apr 2026
Mumbai to Conduct Tree Census After 8 Years
Apr 16 (BNP): Mumbai is set to begin a fresh tree census next week, ending an eight-year gap since the last comprehensive count, the Brihanmumbai Municipal Corporation (BMC) has announced.
The citywide exercise, expected to take nearly 18 months, will map and document trees across different zones, providing an updated picture of Mumbai’s green cover.
The previous census conducted in 2018 recorded around 33.7 lakh trees, including large green pockets such as Aarey. Officials say the upcoming survey will play a crucial role in tracking changes in tree population, guiding urban development, and strengthening environmental conservation efforts.
The initiative is also expected to support data-driven decision-making in protecting and expanding the city’s green spaces.
16, Apr 2026
Jeanologia unveils a new sustainable textile finishing model powered by AI, laser and ozone at Indo Intertex
Valencia (April 16, 2026).
Jeanologia, a global leader in eco-efficient technologies for the textile industry, is taking part in Indo Intertex 2026, held from April 15 to 18 at the Jakarta International Expo (Indonesia), bringing together manufacturers, production managers, and industrial decision-makers from across the textile value chain in the Asia-Pacific region.
In this setting, the Spanish company presents a new model for garment finishing based on the integration of its artificial intelligence system “Billy,” laser technology, and G2 Ozone, designed to transform production processes towards more automated, efficient, and responsible models.
More than 25 years ago, Jeanologia revolutionized denim finishing with its laser technology, replacing manual processes such as hand sanding and sandblasting, which were associated with high environmental impact and risks to workers’ health. Today, the company takes a step further by combining this technology with advanced air-based washing solutions and AI, consolidating a more creative, precise, clean, and efficient production model.
Digital creativity with industrial precision
At Indo Intertex 2026, Jeanologia showcases the latest developments in its laser technology, now enhanced by its AI system Billy, improving design quality and marking precision on denim garments. This combination allows for the accurate reproduction of vintage effects, localized wear, and complex patterns with full consistency, eliminating manual reprocessing and ensuring more authentic finishes.
Live demonstrations at Jeanologia’s booth feature the Compact Super laser system, highlighting its capacity to deliver high-speed processing, increased productivity, and consistent quality in industrial environments.
Full process automation and increased execution speed allow manufacturers to meet the demands of the textile industry, where operational efficiency, digitalization, and sustainability have become key factors for competing in international markets.
The ozone revolution
As a complement to laser technology, Jeanologia presents its Atmos process, based on G2 Ozone + Indra technology, which enables garment finishing treatments using air, replacing traditional water-based washing processes.
G2 Ozone transforms oxygen from the air into ozone, which acts as a natural oxidizing agent for indigo, allowing the fabric to be cleaned and the final tone of the garment to be adjusted. It offers a sustainable alternative to traditional and polluting stone washing, enabling abrasion effects, marbling, and tone variations in denim (from dark to medium or light washes) without the use of pumice stones or toxic chemicals.
The combination of AI, laser, and ozone technologies makes it possible to produce garments with an authentic and natural look, without manual intervention, with minimal water consumption and no harmful substances, in line with the company’s global goal: Mission Zero, which aims to dehydrate and detoxify the textile industry worldwide.
Asia, the new axis of textile competitiveness
Asia-Pacific has established itself as the main driver of the global textile industry, concentrating some of the world’s largest production and export hubs. Manufacturers and brands are accelerating their transition towards more efficient, automated, and sustainable models, driven by growing international demands for traceability, environmental impact reduction, and competitiveness.
Jeanologia has a strong presence in the region, where it has been working for more than two decades alongside manufacturers, exporters, and major textile groups, providing technological solutions, consultancy, and local technical support. This track record has enabled the company to position itself as a strategic partner in the industry’s shift towards cleaner, digital, and more profitable processes.
“Competitiveness in the textile industry is no longer measured solely in terms of cost, but in the ability to produce efficiently, with traceability and sustainability. The factories adopting this model in Asia are the ones that will lead the global supply chain in the coming years,” said Jean-Pierre Inchauspe, Business Director for Asia at Jeanologia.
16, Apr 2026
GAIL to Develop 600 MW Solar Project with Battery Storage in Uttar Pradesh
Apr 16 (BNP): GAIL (India) Limited has entered into an agreement to develop a 600 MW solar power project in Uttar Pradesh, incorporating an advanced battery energy storage system to enhance reliability and efficiency.
The integration of battery storage will help manage the intermittent nature of solar power by storing excess energy and supplying it during peak demand or low generation periods, ensuring a more stable power supply to the grid.
This project marks a significant step in GAIL’s strategy to diversify into renewable energy and strengthen its clean energy portfolio. It is also aligned with India’s broader push to increase non-fossil fuel capacity and reduce carbon emissions.
Once operational, the project is expected to contribute substantially to the state’s renewable energy capacity, support growing electricity demand, and improve grid stability through sustainable power solutions.
The initiative highlights GAIL’s continued focus on energy transition and its commitment to supporting India’s long-term climate and energy security goals.
16, Apr 2026
India’s Trade Deficit Seen Widening in FY27 on Oil Price and Global Risks
Apr 16 (BNP): India’s trade deficit could expand in the financial year 2026–27, driven by global economic uncertainty and potential volatility in crude oil prices, according to a recent report.
Rising geopolitical tensions and fluctuations in global demand are expected to put pressure on exports, while higher oil prices may increase the country’s import bill. As India remains heavily dependent on energy imports, any sustained rise in crude prices could significantly impact the trade balance.
The report also highlights that external risks, including shifting trade dynamics and currency movements, could add to the pressure on India’s overall trade performance.
While domestic demand is expected to remain stable, analysts caution that global headwinds may limit export growth, making it challenging to contain the widening gap between imports and exports.
Experts suggest that managing energy costs, diversifying export markets, and strengthening domestic manufacturing could help mitigate some of these risks in the coming year.
16, Apr 2026
Better Choice Realtors Onboards CBRE as Facility Management Partner For Vanya City and India World Martart
NCR, Apr 16: NCR-based realty player, Better Choice Realtors, has announced the appointment of CBRE as its facility management partner for its projects Vanya City and India World Mart. This partnership marks a significant step towards strengthening Better Choice Realtors’ institutional-grade asset management and elevating overall customer and tenant experience.
The developer’s portfolio spans residential developments, commercial assets, and SCO plots in Gurugram, reflecting its diversified presence across key real estate segments in the region.
Under this strategic mandate, CBRE will be responsible for delivering end-to-end property and facility management services across Better Choice Realtors’ developments. The collaboration is aimed at ensuring globally benchmarked operational standards, enhanced service delivery, and a seamless experience across all assets under management.
As per the company spokesperson,
“To scale our portfolio, it is imperative for us to align with partners who bring global expertise and operational excellence. Our association with CBRE marks a significant step towards strengthening our asset management capabilities and ensuring that our developments deliver a superior and consistent experience to customers and stakeholders. This partnership reflects our long-term vision of building high-quality, well-managed assets that create enduring value.”
The partnership underscores Better Choice Realtors’ continued commitment to building and managing high-quality real estate assets that are well-developed and professionally maintained over the long term. By bringing CBRE on board, the company seeks to institutionalise its approach to asset management while reinforcing trust and value creation for all stakeholders.
