Excelsoft Technologies, a leading provider of software solutions and digital services, saw its shares debut at a 12.5% premium on the stock exchange, reflecting strong investor appetite. The company’s initial public offering (IPO) garnered significant interest, underscoring confidence in its growth trajectory, robust client base, and digital innovation capabilities. Analysts attribute the strong listing to the firm’s consistent financial performance, sectoral tailwinds in IT and edtech solutions, and strategic expansion plans.

3EV Industries, a rising player in India’s electric vehicle (EV) sector, has successfully raised Rs 120 crore in its latest funding round. The capital infusion is aimed at accelerating production, expanding its EV portfolio, and scaling charging infrastructure across key markets. Backed by strategic investors, the funding will also support research and development initiatives, supply chain enhancement, and technology adoption to strengthen competitiveness.

Diageo India has reported substantial progress in its sustainability initiatives, achieving a significant reduction in greenhouse gas emissions and exceeding its energy efficiency targets. The company’s comprehensive approach, encompassing renewable energy adoption, process optimization, and waste minimization, has reinforced its commitment to environmental stewardship. By surpassing planned energy reduction benchmarks, Diageo India not only mitigates its carbon footprint but also strengthens operational efficiency and cost-effectiveness.

Digital Connexion has announced a landmark $11 billion investment to establish a large-scale data center facility in Andhra Pradesh, marking one of the largest private tech infrastructure investments in India. The project aims to support the growing demand for cloud computing, data storage, and enterprise IT services in the region and nationwide. Strategically located in Andhra Pradesh, the data center is expected to enhance digital infrastructure, generate employment opportunities, and attract technology-driven businesses.

Safran, the French aerospace giant, has announced plans to establish a Maintenance, Repair, and Overhaul (MRO) facility for its LEAP aircraft engines in India by 2026. The initiative aims to capture a growing market for commercial engine services in Asia, projected to become one of the fastest-growing aviation segments globally. With ambitions to generate €3 billion in revenue, Safran plans to leverage India’s strategic location, skilled workforce, and emerging aviation infrastructure to provide cost-efficient, high-quality engine support.

Infrastructure Leasing & Financial Services (IL&FS) has successfully repaid Rs 48,463 crore of its outstanding debt, achieving approximately 80% of its repayment target, signaling a significant step in resolving its multi-year financial crisis. The repayment comes after a combination of asset sales, internal restructuring, and settlement agreements with creditors. IL&FS’s progress demonstrates a methodical approach to restoring stakeholder confidence and stabilizing its balance sheet.

State Bank of India (SBI) is preparing to maintain a stable net interest margin (NIM) trajectory despite the Reserve Bank of India’s expected rate-cut cycle, according to Chairman C.S. Setty. With lending rates likely to moderate across the system, the bank plans to rely on repricing strategies, improved credit quality, and a diversified loan book to protect profitability. Management expects loan growth to remain healthy, supported by strong demand in retail, MSME, and corporate segments.

MOVIN, the logistics venture formed by InterGlobe Enterprises and UPS, has expanded its service portfolio to enter India’s rapidly growing healthcare logistics market. With demand for time-sensitive, temperature-controlled, and compliant medical shipments climbing across the country, the company aims to provide high-precision supply-chain solutions for pharmaceuticals, diagnostics, medical devices, and hospital networks. Its entry comes as healthcare manufacturers and distributors seek more reliable nationwide coverage and integrated cold-chain capabilities.

Accel, in partnership with Google’s AI-focused investment initiatives, has launched the Atoms AI Cohort 2026—an accelerator designed to support early-stage artificial intelligence startups in India. The program aims to identify high-potential founders, provide them with technical expertise, and equip them with the capital and resources required to scale globally. With AI adoption rising across industries, the initiative seeks to strengthen India’s innovation ecosystem by nurturing companies building foundational models, enterprise AI tools, and sector-specific automation solutions.

Air India has cancelled several international flights after a volcanic ash cloud created unsafe flying conditions along key routes. The airline stated that the decision was taken in accordance with global aviation safety norms, as volcanic ash poses severe risks to aircraft engines and navigation systems. Passengers on the affected routes have been advised to check revised schedules, with the airline offering rebooking and refund options.