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
TN School Education Dept Launches Digital QR-Based Petition Platform
Chennai, June 25: The Tamil Nadu School Education Department has introduced a QR code-based e-petition system aimed at simplifying and speeding up the process of addressing public grievances, marking a significant step towards digital governance in the education sector.
The initiative was launched by the School Education Minister as part of the state’s broader push to enhance transparency, accessibility, and efficiency in public service delivery. The system allows citizens, parents, and stakeholders to register complaints and submit petitions by scanning a QR code, enabling direct digital access to the grievance redressal platform.
Officials stated that the new mechanism is designed to reduce procedural delays, eliminate paperwork, and ensure faster resolution of issues related to school infrastructure, administration, and student welfare. Each grievance submitted through the system will be digitally tracked, allowing users to monitor the status of their petition in real time.
The department noted that the initiative is expected to improve accountability and strengthen communication between the public and education authorities. By leveraging simple digital tools like QR codes, the system aims to make grievance registration more accessible, even in semi-urban and rural areas.
Education officials highlighted that the move aligns with Tamil Nadu’s ongoing efforts to integrate technology into governance and improve service delivery across departments. The QR-based system is also expected to reduce dependency on physical visits to offices, making the process more user-friendly and efficient.
Experts believe such digital interventions can significantly enhance responsiveness in the education system while encouraging greater public participation in governance. The initiative is part of a larger trend of adopting e-governance solutions to modernise administrative processes and improve citizen experience.
With the launch of the QR code-based e-petition system, the School Education Department aims to set a precedent for other departments to adopt similar technology-driven grievance redressal mechanisms in the future.
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
Finance Minister to Unveil Heritage Book and Reopened Lighthouse in Southern India
Chennai, June 25: Union Finance Minister Nirmala Sitharaman is set to participate in a series of cultural and heritage-focused engagements in Tamil Nadu and Puducherry, underscoring the government’s commitment to preserving India’s rich historical legacy and promoting cultural tourism.
As part of her visit, the Finance Minister will launch a heritage-themed publication highlighting the historical, architectural, and cultural significance of prominent landmarks in Tamil Nadu. The book is expected to showcase the region’s enduring heritage and contribute to ongoing efforts aimed at documenting and preserving India’s diverse cultural traditions.
In a significant development for heritage conservation, Sitharaman will also inaugurate the restored historic lighthouse in Puducherry, a landmark that has undergone extensive renovation and preservation work. The restoration project is aimed at safeguarding the structure’s historical character while enhancing its appeal as a cultural and tourism destination.
Officials said the initiative aligns with broader efforts to promote heritage tourism, strengthen public awareness of India’s maritime history, and preserve iconic monuments for future generations. The restored lighthouse is expected to emerge as a key attraction for visitors, offering insights into the region’s historical role in maritime navigation and trade.
The events reflect the growing emphasis on cultural infrastructure and heritage conservation as integral components of India’s tourism and development agenda. By revitalising historical landmarks and supporting documentation of regional heritage, authorities aim to create greater opportunities for cultural engagement, education, and local economic development.
The Finance Minister’s engagements are also expected to highlight the importance of collaboration between government agencies, heritage experts, and local communities in preserving historically significant sites across the country.
Observers note that such initiatives contribute not only to heritage conservation but also to the promotion of sustainable tourism, helping strengthen regional economies while preserving India’s unique cultural identity.
The launch of the heritage publication and the inauguration of the restored lighthouse are being viewed as important steps in celebrating and safeguarding the historical and cultural treasures of southern India.
25, Jun 2026
Disney Consumer Products India Unveils New Toy Story Merchandise to Celebrate Toy Story 5
India, June, 25: The toys are back Everyone’s favorite playtime friends return for an all-new adventure as Disney and Pixar’s highly anticipated film, Toy Story 5, gallops into theaters on June 19. Disney Consumer Products India is marking this moment with a new merchandise slate spanning apparel, accessories, stationery and collectibles, developed through collaborations with partners across categories.
Fans can gear up for Toy Story-inspired launches that celebrate imaginative play and spotlight the film’s “toy meets tech” theme. Featuring beloved favourites like Woody, Buzz Lightyear, and Jessie alongside exciting newcomers like Lilypad and Smarty Pants, brands including Max Fashion, Myntra’s House of Brands, MINISO, Belkin, Bewakoof, Bicycle Cards, LEGO and Skillmatics’ have something in store for everyone.
“The Toy Story franchise has special resonance across generations, grounded in its timeless themes of imagination and friendship. As Toy Story 5 opens a new chapter, this is an exciting moment to introduce a range of products that gives fans new ways to reconnect with the characters they love,” said Tan Wee, Executive Director, Brand Commercialization.
Max Fashion unveiled an expansive collection for infants, kids and teens with coordinated sets, playful prints and everyday essentials, combining themes of friendship and adventure into everyday wear.
On the e-commerce front, Myntra’s House of Brands brings iconic moments and fan-favourites to life through a vibrant range of kids and adult apparel. Napchief and Wear Your Mind deliver kidswear with their own creative flair, while Bewakoof’s character-inspired graphic tees add to the fun for young adults.
Belkin’s special edition iPad case inspired by Lilypad, the high-tech frog-shaped smart tablet character from Toy Story 5, blends device protection with playful character-inspired features. While plush collectibles and character-themed accessories from MINISO are sure to delight young fans.
LEGO brings Wild West-style adventures right into your home for ages 4+ while Skillmatics’ art kit lets young fans draw out their own adventures. Inspired by the beloved franchise, Bicycle Cards launched a collectible playing card deck.
Get ready for a rootin’ tootin’ new adventure as Disney and Pixar’s Toy Story 5 is now in theatres.
25, Jun 2026
Government’s PSU Disinvestment Drive Raises Over INR 25,000 Crore in 2026
New Delhi, June 25: The Government of India has mobilised more than ₹25,000 crore through stake sales in public sector undertakings (PSUs) via the Offer for Sale (OFS) route so far in 2026, marking the highest fundraising exercise through PSU disinvestment in over a decade.
According to market data compiled by Prime Database, the Centre has raised approximately ₹25,491 crore by diluting stakes in eight listed public sector enterprises during the year. The achievement reflects the government’s continued focus on strategic disinvestment and efficient capital management to support fiscal objectives and economic priorities.
The fundraising figure represents the strongest PSU OFS performance since 2015, when the government raised around ₹35,291 crore through stake sales in five state-owned companies. Including private sector issuances, a total of 24 listed companies have collectively raised nearly ₹29,445 crore through the OFS mechanism in 2026, underscoring robust market participation and investor appetite.
Major PSU stake sales during the year have included Bharat Heavy Electricals Limited (BHEL), Indian Railway Finance Corporation (IRFC), Central Bank of India, Coal India, NHPC, NLC India, and General Insurance Corporation of India, among others. These transactions have formed a key component of the government’s broader disinvestment strategy aimed at enhancing market liquidity and unlocking shareholder value.
Market experts note that while PSU stocks have experienced mixed performance following OFS launches amid global uncertainties, the successful fundraising demonstrates sustained investor confidence in India’s public sector enterprises and capital markets.
Analysts also believe that the proceeds from these stake sales could provide additional fiscal flexibility to support government expenditure on critical sectors such as food security, fertiliser subsidies, infrastructure development, and social welfare programmes.
The strong response to PSU OFS issues highlights the growing depth of India’s capital markets and reinforces the government’s commitment to balancing fiscal prudence with growth-oriented spending. As the disinvestment programme progresses, policymakers are expected to continue leveraging market-based mechanisms to optimise public sector investments while supporting broader economic development goals.
With fundraising already approaching historical highs, 2026 is shaping up to be one of the most successful years for government stake sales, reflecting favourable market conditions and investor confidence in India’s long-term growth trajectory.
25, Jun 2026
Investment, Jobs and Infrastructure Drive West Bengal’s FY27 Budget Vision
Kolkata, June 25: West Bengal’s FY 2026-27 Budget marks a significant shift towards an investment-driven growth strategy, with a strong emphasis on infrastructure development, industrial expansion, technology-led innovation, and job creation, according to recent analyses of the state’s fiscal roadmap.
The budget, presented by Finance Minister Swapan Dasgupta, outlines a comprehensive vision to transform West Bengal into a major investment destination while maintaining a balance between welfare commitments and economic development. Key measures include the introduction of a Global Capability Centre (GCC) Policy, a ₹5,000-crore investment framework, incentives for AI data centres, and reforms aimed at improving the ease of doing business.
Industry experts have described the budget as a decisive move towards growth-oriented policymaking, highlighting its focus on infrastructure, industrialisation, and employment generation. The government has also announced plans to streamline business approvals through a single-window clearance system and support emerging sectors such as artificial intelligence, semiconductors, and advanced technologies.
The FY27 budget includes provisions for creating one lakh government jobs, expanding infrastructure networks, and developing new economic hubs, while also continuing major welfare initiatives. Significant allocations have been made for women’s welfare, healthcare, rural development, and skill enhancement, reflecting an approach that seeks to combine social inclusion with economic growth.
Analysts note that the budget represents a broader effort to reposition West Bengal as a competitive destination for domestic and global investment. Measures targeting industrial growth, technology adoption, logistics, and infrastructure development are expected to strengthen the state’s long-term economic prospects and attract fresh capital inflows.
With investment promotion and job creation emerging as central themes, the FY27 budget is being viewed as a strategic roadmap aimed at accelerating economic growth, enhancing competitiveness, and laying the foundation for sustained development in the years ahead.
25, Jun 2026
Hon’ble CM Pushes AI-Powered Maritime Security for Safer Odisha Coastline
Bhubaneswar, June 25 (UDN): Odisha Chief Minister Mohan Charan Majhi on Thursday emphasized the need for leveraging advanced technologies, including Artificial Intelligence (AI), to strengthen maritime security and ensure a safer coastline for the state.
Addressing the 14th Multi-Agency Maritime Security Group (MAMSG) Policy Meeting held in Bhubaneswar, the Chief Minister said that the high-level meeting was being organised outside New Delhi for the first time, underscoring Odisha’s growing strategic significance in the country’s maritime security framework.
The Chief Minister expressed confidence that the deliberations would pave the way for enhanced cooperation between the Centre and the State in safeguarding maritime interests.
Highlighting Odisha’s strategic importance, Majhi noted that the state has a coastline stretching nearly 575 kilometres and has maintained trade and cultural links with Southeast Asian countries since ancient times.
“Odisha continues to occupy a significant position in the maritime sector. We are confident of receiving substantial support from the Central Government in view of the state’s strategic importance in maritime security,” he said.
The Chief Minister further informed that the state government, with support from the Centre, is developing a deep seaport in Ganjam district to strengthen maritime infrastructure. In addition, a major shipbuilding cluster is being established at Paradip.
Both projects are being developed with an investment exceeding Rs 50,000 crore and are expected to significantly boost Odisha’s maritime capabilities, industrial growth and employment opportunities.
Majhi also stressed the importance of adopting emerging technologies such as AI for surveillance, monitoring and threat detection to further enhance coastal security and maritime preparedness.
Senior officials from various maritime security agencies, defence establishments and central and state departments participated in the policy meeting.
25, Jun 2026
India-US Partnership Gains Momentum in Advanced Technology Sectors
New Delhi, June 25: India and the United States have reaffirmed their commitment to strengthening strategic and economic ties, with discussions focused on expanding cooperation in key sectors including semiconductors, artificial intelligence (AI), and critical minerals.
The talks underscore the growing importance of technology-driven collaboration between the two nations as they seek to build resilient supply chains, accelerate innovation, and enhance economic competitiveness in an increasingly interconnected global landscape.
During the discussions, both sides emphasized the need for closer engagement in semiconductor manufacturing and research, recognizing the sector’s critical role in powering next-generation technologies. Efforts to promote investments, foster talent development, and encourage industry partnerships were highlighted as areas of mutual interest.
Artificial intelligence also featured prominently in the dialogue, with India and the US exploring opportunities to advance responsible AI development, strengthen digital infrastructure, and support innovation-led growth. The discussions reflected a shared vision of leveraging emerging technologies to drive economic progress while ensuring ethical and secure deployment.
In addition, both countries reviewed avenues for cooperation in securing critical mineral supply chains, a key component in the production of advanced electronics, clean energy technologies, and strategic industrial applications. Enhancing supply chain resilience and reducing vulnerabilities remain central priorities for both governments.
The renewed focus on these strategic sectors highlights the evolving nature of the India-US partnership, which continues to expand beyond traditional areas of cooperation into advanced technology, innovation, and sustainable economic development.
Industry observers view the discussions as a positive step toward deepening bilateral collaboration and creating new opportunities for investment, research, and technological advancement in the years ahead.
