10, Jul 2026
Small Businesses Set to Benefit from Faster Payment Mechanism Under TReDS
New Delhi, July 10: The Ministry of Micro, Small and Medium Enterprises (MSME) has said that the TReDS settlement mandate will help accelerate payments to small businesses and improve their access to working capital.
The Trade Receivables Discounting System (TReDS) enables MSMEs to convert their unpaid invoices into immediate funds by allowing them to receive payments from financiers before the actual due date. The new settlement mechanism is expected to make the process faster, smoother, and more efficient.
The ministry said the move will address one of the biggest challenges faced by MSMEs — delayed payments — and provide businesses with better liquidity to manage operations, expand capacity, and invest in growth.
Officials highlighted that improving cash flow for small enterprises will strengthen the MSME ecosystem and support entrepreneurship across the country.
The initiative is part of the government’s broader efforts to create a more supportive business environment for MSMEs and ensure timely access to finance for small and emerging enterprises.
- 0
- By Neel Achary
10, Jul 2026
WeR1 Consultants Approved for Two Programmes Under SGX’s S$30 Million Value Unlock Initiative
SINGAPORE, July 10 – WeR1 Consultants Pte Ltd (“WeR1”), a specialist in corporate strategy and investor relations, has been appointed by Singapore Exchange Limited (“SGX”) as a service provider for both programmes under the Value Unlock initiative designed to strengthen foundations and drive value creation among SGX-listed companies (“listcos”).
Founded in 1999, WeR1 has been approved for both the Equip and the Elevate programmes of the S$30 million MAS-SGX initiative under which Singapore listcos can avail themselves to grants to offset costs for professional services related to enhancing corporate strategies, sharpening investment narratives and deepening investor and media engagement, as well as costs for training programmes to strengthen capabilities.
WeR1 is launching three training programmes – Lining Your IR Calendar Effectively, Turning Crisis into Opportunity, and Specialist Writing for Financial Markets – under the Equip Grant, under which participating companies can claim 50% co-funding support of up to S$15,000 each.
For the Elevate Grant, WeR1 has been approved to offer investor relations (“IR”) services. Undervalued companies which intend to bridge the valuation gap can receive 50% co-funding support, capped at S$200,000 per listco, for this programme.
WeR1’s appointment reflects its 27-year proven track record of helping small- to mid-cap listcos, which often struggle with weak market visibility, in their financial communications. Led by former Reuters correspondent and Merrill Lynch equity analyst Lai Kwok Kin (“KK Lai”), the firm has supported dozens of listcos in the region for corporate strategy, IPO and crisis communications, and IR.
A core approach of WeR1 for the Elevate programme is its Corporate & Business Update (“CBU”) methodology, a disclosure-based narrative refresh designed for listcos with limited analyst coverage, uneven trading liquidity and low investor engagement. WeR1 has helped more than 30 companies articulate their corporate transformation, including Fu Yu Corporation and Zico Holdings.
KK Lai, WeR1’s Founder and Managing Director, said: “We are deeply honoured to have been approved for both programmes under the MAS-SGX Value Unlock Initiative. Many smaller listcos remain undervalued because they do not communicate with clarity and consistency. WeR1 intends to bring its experience and approaches to help these companies overcome the valuation gap and increase trading liquidity.”
WeR1 is inviting SGX-listed companies, particularly smaller Mainboard and Catalist issuers, to explore their eligibility under the Equip and Elevate programmes.
10, Jul 2026
Airties to Acquire Aprecomm to Accelerate Growth in Emerging Markets & Expand Portfolio of AI-Driven Connectivity Experience Management Solutions to ISPs
Bengaluru, July 10: Airties, a global leader of AI-driven software that improves the connectivity experience for ISPs’ subscribers, today announced that it has entered into a definitive agreement to acquire Aprecomm, a leading provider of intuitive, self-healing network and customer experience solutions. The acquisition accelerates Airties’ geographic expansion serving broadband operators in high-growth regions and benefits from synergies across product portfolios, R&D, and added AI expertise from Aprecomm to further serve ISPs around the world. Financial details were not disclosed.
Aprecomm, founded in 2016 and headquartered in Bengaluru, India, has built a reputation for its intuitive, self-healing Wi-Fi and broadband network solutions for ISPs. Aprecomm allows ISPs to improve connectivity through AI-driven software services that deliver real-time insights and optimizations to reduce operational costs and increase customer satisfaction. Today, Aprecomm manages more than seven million homes and business locations, serving more than 50 ISPs worldwide.
Under the terms of the agreement, Aprecomm will operate as a subsidiary of Airties following the close of the deal. Aprecomm will continue to provide tailored solutions to serve its customers and the markets in which it operates.
“Aprecomm is very well positioned in growth markets like India and Southeast Asia, so we now have an unmatched foundation to accelerate our expansion further across Asia-Pacific and into South America, two markets where demand for intelligent connectivity is growing at extraordinary speed,” said Metin Taskin, CEO and Co-Founder of Airties. “In addition, the acquisition is aligned with our vision of helping ISPs move to agentic AI platforms for the connected home, where the network autonomously anticipates, adapts and acts to provide the best broadband connectivity experience, lower churn and unlock new revenue for ISPs.”
“Joining Airties, the industry’s pioneer and leader in advancing connectivity experience, is a strong validation of the vision that has shaped Aprecomm from the start,” said Pramod Gummaraj, CEO and Co-Founder of Aprecomm. “Aprecomm was built with the belief that every service provider should be able to deliver a far more intelligent and reliable broadband experience. This combination gives us a broader platform to take that vision further and extend our impact across more markets globally.”
“This combination brings together Airties’ global reach and Aprecomm’s AI-native platform. With our edge AI, cloud-native architecture, and vendor-agnostic design, we have a strong foundation to deliver smarter, more scalable connectivity experiences to service providers worldwide,” said Guharajan Sivakumar, CTO and Co-Founder of Aprecomm.
The acquisition brings complementary go-to-market capabilities for ISPs across the globe. Aprecomm’s software suite enables service providers to deliver intuitive, self-healing networks and improved in-home broadband experiences. Distinctively, Aprecomm’s product portfolio was purpose-built to address the economics and ARPU profiles of ISPs in developing markets, while delivering core improvements to home connectivity for consumers. Conversely, many of the world’s leading Tier-1 operators rely upon Airties’ proven AI-powered Connectivity Experience Management Platform to optimize performance, lower churn, reduce expenses, boost satisfaction, unlock new revenue, and build stronger customer relationships. Airties complete product suite, including Airties Home, Airties Pro, and Airties Multi is designed to provide the performance, features, scale, and flexibility required to serve Tier-1 operators across their fibre, cable/DSL, and fixed wireless access (FWA) footprints. Having different offers available underneath the Airties or Aprecomm banners will enable Airties to customize solutions and address a wide range of customer requirements and market dynamics.
The acquisition is subject to customary closing conditions and is expected to close later in 2026. Additional details about Airties is at www.airties.com, and more about Aprecomm is at https://aprecomm.ai/.
10, Jul 2026
Breathe Battery Technologies’ Dr Ian Campbell Presented with Princess Royal Silver Medal
London, July 10 – Dr Ian Campbell, co-founder of Breathe Battery Technologies, was presented with The Princess Royal Silver Medal last night by HRH The Princess Royal at the Royal Academy of Engineering’s Awards Dinner in London.
His win was announced last week, and the medal is one of the Academy’s most prestigious individual honours, recognising an outstanding personal contribution to UK engineering by an early- to mid-career engineer.
Ian received the medal alongside fellow 2026 honourees Dr Liucheng Guo (TG0) and Professor Robert Thomson FREng (Heriot-Watt University).
Breathe Battery Technologies is a London-based company whose software simulates the inner workings of batteries to optimise charging and design without any hardware changes.
Its technology has been adopted by major automotive and technology partners including Volvo Cars, OPPO and Bang & Olufsen.
Speaking when his win was announced last week, Dr Ian Campbell said:
“I am deeply honoured and humbled to receive the Princess Royal Silver Medal. Climate change and air pollution continue to threaten health and livelihoods worldwide. By combining battery physics simulation with materials libraries built in industrial-scale labs, we can screen millions of potential designs and rapidly optimise the most promising candidates using advanced software. This capability is helping to bring cleaner, quieter, healthier and more affordable cars, trucks and energy storage systems to market faster.”
10, Jul 2026
Solar Rooftop Expansion in India Set to Gain Momentum with World Bank Support
New Delhi, July 10: India’s efforts to expand clean energy access have received a major boost after the World Bank approved financing support for the country’s solar rooftop programme.
The initiative aims to increase the adoption of rooftop solar systems among households, businesses, and communities while making renewable energy more accessible and affordable.
The funding support is expected to strengthen solar infrastructure, encourage greater use of clean power, and create new opportunities in the renewable energy sector.
The programme aligns with India’s broader goal of increasing renewable energy capacity and reducing dependence on traditional energy sources. It is also expected to support sustainable growth and contribute to the country’s long-term climate commitments.
With the latest support, India’s rooftop solar expansion is set to gain further momentum as the nation continues its transition towards a cleaner energy future.
10, Jul 2026
Swaranjali Delhi Successfully Organises “Colours of India 2026” in Gurugram
Gurugram, July 10: Swaranjali Delhi successfully organized Colours of India 2026 in association with Eternal Oasis Gurugram on July 9, 2026, at Prakriti Hall, Eternal Oasis, Sector 42, Gurugram. The cultural evening, supported by the Art and Cultural Affairs Department, Government of Haryana, brought together renowned classical musicians, dancers, and art enthusiasts for an unforgettable celebration of India’s diverse artistic traditions.
The evening commenced with a captivating Kathak dance performance by the talented young artiste Ms. Oyeshi Bhattacherjee, whose graceful footwork, technical finesse, and expressive abhinaya won the appreciation of the audience.
The instrumental segment featured an inspiring Swar Ragini presentation by Pt. Subhas Ghosh, who mesmerized listeners with Raag Bageshree through compositions set in Jhaptaal, Ektaal, and Teentaal, followed by a vibrant folk dhun. He was accompanied by Pt. Susamoy Mishra on tabla and Shri Suresh Kumar on special effects, creating a memorable musical experience.
The vocal recital by Smt. Laxmi Priya Nayak showcased the beauty of Raag Shyam Kalyan with soulful vilambit and drut compositions, followed by a melodious Dadra presentation. She was accompanied by Shri Jitendra Swain on tabla and Ustad Zakir Dholpuri on harmonium.
The grand finale featured an enchanting sitar recital by Pt. Uma Prakash Shankar, who presented Raag Jhinjhoti with remarkable artistry. Pt. Siddhartha Chatterjee provided accomplished tabla accompaniment, bringing the evening to a fitting musical conclusion.
The event was graced by distinguished guests Shri Umesh Mathur, noted author, educationist, journalist, and filmmaker, and Smt. Niharika Mathur, Manager and Program Director of Eternal Oasis. The programme was seamlessly anchored by Shri Subrata De, whose engaging presentation added to the evening’s charm.
Shreyas Webmedia Solutions served as the Online Media Partner for the event.
The organizers expressed gratitude to the performers, guests, supporters, and audience members for making Colours of India 2026 a memorable celebration of India’s classical arts while reaffirming Swaranjali Delhi’s commitment to promoting and preserving the country’s rich cultural heritage.
About Eternal Oasis
Eternal Oasis is a unique centre dedicated to arts, culture, and spirituality, founded on the belief that music and creative expression have the power to connect, heal, and inspire. Located in Sector 42, Gurugram, the expansive 1 lakh sq. ft. campus offers panoramic Aravalli-facing views and world-class infrastructure designed to nurture the mind, body, and spirit.
The centre features three performance venues, six flexible workshop spaces, a large art gallery, a professional recording studio, 30 residential rooms, an 80-seater eatery, a modern Buddhist temple and meditation room, spacious terrace areas, lush green lawns, and dedicated parking for up to 100 vehicles.
Envisioned as a vibrant “third space” beyond home and workplace, Eternal Oasis provides a platform where individuals can reconnect with art, culture, and spirituality through a wide range of performances, workshops, exhibitions, and wellness programmes. Under the leadership of its founder Umesh Mathur, the centre continues to emerge as a prominent cultural and spiritual destination in Gurugram.
For updates on upcoming programmes, follow @eternaloasis_gurugram on social media.
For more information, visit:
10, Jul 2026
Montra Electric Flags Off 65 Heavy-Duty Electric Trucks as Part of One of India’s Largest eM&HCV Deployments
Chandigarh, July 10: Montra Electric, the clean mobility brand of the Murugappa Group, today flagged off the first batch of its Rhino 5538 EV heavy–duty electric trucks from its state-of-the-art manufacturing facility in Manesar, marking the commencement of a phased large-scale deployment across key industrial sectors in India.
The flag-off underscores the rapid evolution of India’s heavy commercial vehicle market from pilot deployments to commercial-scale electrification. As fleet operators increasingly adopt zero-emission freight solutions, Montra Electric has significantly scaled up production of its Rhino platform to meet a growing order pipeline and support the accelerating transition towards sustainable logistics.
Engineered for demanding freight operations, the Rhino 5538 EV delivers high performance, exceptional reliability and a lower total cost of ownership. Designed for applications across cement, steel, infrastructure, construction materials, mining and other heavy–duty sectors, the vehicle combines operational efficiency with the performance required for long-haul and high-utilisation freight movement.
The flag-off marks the first phase of deliveries, with the remaining vehicles scheduled for deployment over the coming months, further strengthening the electrification of freight operations across multiple industrial corridors.
Mr. Jalaj Gupta, Managing Director, Montra Electric (TI Clean Mobility Pvt. Ltd.) said: “India’s heavy freight ecosystem has reached an important inflection point. Customers today are making electric trucks a part of their mainstream logistics operations rather than evaluating them through limited pilots. This shift is driving commercial-scale production at our Manesar facility, and we are proud to be supporting leading enterprises with products that combine performance, reliability and sustainability. Our focus remains on building an ecosystem that enables customers to transition confidently towards zero-emission freight.”
Mr. Navneet Sethi, CEO – eMHCV, Montra Electric (IPLTech Electric Pvt. Ltd.) said: “The conversation around electric trucking has fundamentally changed. Fleet operators are now asking how quickly they can scale, not whether the technology works. These are the most demanding freight applications, requiring uncompromised performance, high uptime and dependable operating economics. Rhino has been engineered precisely for these requirements, delivering a compelling combination of productivity, efficiency and lower total cost of ownership. With manufacturing now ramped up, we are well positioned to support the growing demand from customers across India’s industrial sectors.”
The Rhino 5538 EV combines an advanced electric powertrain, intelligent vehicle engineering and connected telematics to address the evolving needs of modern freight transportation. Designed for high-utilisation commercial operations, it delivers the performance, reliability and operational efficiency required across diverse heavy–duty applications.
Backed by a growing order book and increasing customer adoption across sectors such as cement, steel, infrastructure and mining, Montra Electric continues to strengthen its manufacturing capabilities, service network and customer support ecosystem to enable large-scale fleet electrification.
As businesses increasingly balance operational efficiency with sustainability commitments, electric heavy–duty trucks are emerging as a commercially viable solution for mainstream freight movement. The latest rollout from Montra Electric‘s Manesar facility reinforces the company’s commitment to accelerating India’s freight electrification journey through indigenous innovation, advanced manufacturing and customer-centric mobility solutions.
10, Jul 2026
Hexnode UEM integrates with ServiceNow, streamlining IT incident management and enhancing service efficiency
San Francisco, CA, July 10: Hexnode UEM, the enterprise software division of Mitsogo Inc., has announced a new integration with ServiceNow, the AI control tower for business reinvention. The integration connects Hexnode UEM with ServiceNow Incident Management, empowering enterprises to accelerate incident resolution and enhance overall IT agent productivity.
The ServiceNow AI Platform delivers tools that optimize enterprise operations and enhances service delivery through intelligent workflows. Building on this foundation, the integration establishes a two-way connection that centralizes critical endpoint management functions directly within the IT service workflow.
Key benefits include:
- Centralized Device Data: Automatically syncs device and user details from Hexnode UEM directly into ServiceNow Configuration Management Database (CMDB), providing IT teams with the deep visibility needed to resolve issues with greater speed and efficiency.
- Faster, Smarter Ticketing: Empowers IT technicians to raise and associate incident tickets with the intended devices, all from within ServiceNow Incident Management.
- Actionable Workflows: Enables admins to execute immediate endpoint remediation actions, such as device lock and app installation, directly from the ServiceNow AI Platform, allowing security teams to respond to threats immediately.
- Comprehensive Incident Visibility: Provides a complete, real-time view of all current and past ServiceNow incidents associated with a device, within the Hexnode UEM portal.
“Enterprises rely on IT to keep every device and service running seamlessly, and efficient incident resolution plays a vital role in achieving that,” said Sahad M, Chief Technology Officer at Hexnode. “Our integration with ServiceNow is a force multiplier for handling device incidents, helping IT agents to deliver faster, more effective support. This is a key part of our strategy towards the convergence of ITOps and SecOps, bringing all these functions together in one workflow.”
Hexnode’s UEM platform offers organizations a centralized console for managing and securing endpoints across all major operating systems. The platform streamlines IT operations with core features such as Patch Management, Application Management, Remote monitoring, and AI-driven Automation.
Going beyond standard administration, Hexnode supports diverse enterprise environments with specialized tools, including Kiosk Management, BYOD Management, and Rugged Device Management, ensuring that productivity and security policies remain adaptable to modern business needs.
The new Hexnode integration is now available in the ServiceNow Store and is exclusive to customers on Hexnode’s Ultra plan.
10, Jul 2026
India–New Zealand FTA to Boost Trade and Economic Growth, Says NZ Minister Simon Watts
New Delhi, July 10: New Zealand Minister Simon Watts has said that the proposed India–New Zealand Free Trade Agreement (FTA) is expected to unlock substantial economic benefits for both countries by enhancing bilateral trade, attracting investment, and creating new business opportunities.
Watts emphasized that the agreement would strengthen economic cooperation by improving market access and supporting collaboration across sectors such as agriculture, technology, education, renewable energy, and innovation. He noted that the FTA would help businesses expand into new markets while fostering sustainable growth and job creation.
The minister also reiterated New Zealand’s commitment to advancing trade negotiations with India, expressing optimism that the agreement would pave the way for a stronger and more resilient economic partnership.
Once finalized, the India–New Zealand FTA is expected to deepen commercial ties, encourage greater investment, and open new avenues for long-term economic cooperation, reinforcing the growing strategic relationship between the two nations.
10, Jul 2026
Sensex Surges Over 700 Points; Nifty Crosses 24,160 as IT Stocks Lead Market Rally
Mumbai, July 10: Indian equity markets posted strong gains on Friday, with the BSE Sensex rising more than 700 points and the NSE Nifty surpassing the 24,160 mark. The rally was primarily driven by robust buying in information technology (IT) stocks, reflecting renewed investor confidence and positive market sentiment.
The sharp upswing was supported by broad-based buying across frontline stocks, with the IT sector emerging as the key contributor to the market’s momentum. Investors responded positively to improving earnings expectations and favorable global market trends, boosting demand for large-cap technology shares.
Market sentiment was further strengthened by sustained foreign investment inflows and optimism surrounding the ongoing corporate earnings season. The rally also extended to several other sectors, indicating a healthy participation across the broader market.
Analysts expect market participants to remain focused on upcoming corporate earnings, macroeconomic indicators, and global developments, which are likely to influence trading activity in the sessions ahead.
The strong performance underscores continued resilience in India’s equity markets and reflects growing investor confidence in the country’s economic outlook.
