Blog

Central Depository Services (India) Limited (CDSL), in collaboration with KPMG in India, has released the third edition of its “Reimagine” thought leadership report, calling for a data-led transformation of India’s securities market. Titled “Reimagine: Securities Market through Data Synergy,” the report introduces a Creation–Control–Culture (3C) framework to strengthen governance, innovation, and transparency across the ecosystem. The report stresses that “data risk is market risk” and proposes a structured approach to build shared data infrastructure, strengthen cyber safeguards, and promote responsible data practices. It also suggests a central regulatory operating model to improve interoperability, align regulatory expectations, and enhance investor protection…

In a major executive transition that has caught the attention of the global financial and tech sectors, Sriram Venkataraman, the Group Chief Financial Officer of Flipkart, has resigned from his position. This high-profile departure comes at a critical juncture for the Walmart-owned e-commerce leader, as it actively scales its operations and streamlines its internal structures in anticipation of a much-awaited Initial Public Offering (IPO). Venkataraman, a seasoned finance veteran who has been a pillar of Flipkart’s leadership for several years, played an instrumental role in navigating the company through complex funding rounds, strategic acquisitions, and the integration of diverse business…

Gujarat has approved a revised long-term power supply agreement with Tata Power, paving the way for the resumption of operations at the company’s 4-gigawatt Mundra plant. The decision is seen as a strategic step toward strengthening India’s energy security ahead of the high-demand summer season.The Mundra plant, which relies on imported coal, had remained non-operational for the past six months. This followed the withdrawal of a government provision that earlier compensated power producers for the higher costs of imported coal. Without that support, operations became financially unviable, leading to a temporary shutdown.The newly approved agreement offers a fresh lifeline to…

Ai+ Smartphone today announced its onboarding as the Official Smartphone Partner for two leading IPL franchises; Mumbai Indians and Kolkata Knight Riders for the upcoming T20 season, marking a key step in its brand expansion strategy. The partnership places Ai+ Smartphone at the centre of one of India’s most powerful cultural platforms, enabling direct engagement with millions of cricket fans. As part of the collaboration, the company will offer exclusive fan experiences including player meet-and-greet opportunities, match tickets, signed merchandise, and access to exclusive player content captured on Ai+ devices. Madhav Sheth, CEO of Ai+ Smartphone and Founder of NxtQuantum…

Axis Max Life Insurance Ltd., formerly known as Max Life Insurance Company Ltd., has announced the East Zone findings of the fifth edition of its flagship India Retirement Index Study (IRIS 5.0), conducted in partnership with Kantar. The study reaffirms East India’s leadership in retirement preparedness, with the region recording the highest index score of 52, surpassing the national average of 48. The findings highlight strong performance across financial and health preparedness. The Financial Preparedness Index remains stable at 52, the highest among all regions, reflecting disciplined investment habits, with nearly 75% of respondents already investing for retirement. Early planning…

Turkish Airlines has expanded its footprint in the United Kingdom by adding London Stansted Airport as its third gateway in the capital, after London Heathrow and London Gatwick. The new service, operated with 15 weekly flights, strengthens the airline’s presence in one of its key strategic markets. With this addition, the airline now serves six destinations in the UK — London Heathrow, London Gatwick, Birmingham, Manchester, Edinburgh, and London Stansted. Combined with Dublin, Turkish Airlines’ total weekly frequencies across the UK and Ireland will reach 168 during the summer schedule. The move further enhances connectivity to its global network spanning…