Business - The Purbottar

10 Sep

Open-source ATMs and UPI credit tools bring banking innovation closer to Bharat

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A new wave of fintech innovation is targeting one of India’s biggest financial inclusion challenges — making banking, credit and cash services available faster and closer to customers. At Global Fintech Fest 2026, Department of Financial Services Secretary Sanjay Lohiya launched three technology-led solutions, in the presence of UIDAI CEO Saurabh Vijay. The first is an open-source Android ATM that can instantly issue personalised RuPay debit, credit and NCMC cards and merchant UPI QR codes, potentially reducing turnaround time from weeks to minutes. It can also support cheque deposits, account opening and loan applications. Banks are exploring the machines as…

09 Sep

Jawa 42 completes AllStars range with new design, 60-plus enhancements

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JawaYezdi Motorcycles has unveiled the new Jawa 42, completing its AllStars range alongside the Jawa 42 FJ and Jawa 42 Bobber, ahead of the festive season.Positioned as the biggest evolution of the motorcycle that helped establish the modern classic category in India, the new Jawa 42 gets more than 60 enhancements, including a wider and more muscular stance, redesigned side panels, alloy wheels, wider tyres, a reworked rear section and a compact upswept twin exhaust.The motorcycle retains key Jawa design elements, including the round headlamp, 13.2-litre fuel tank and flat, bench-style seat. The 790-mm sculpted seat has been redesigned with…

09 Sep

Godrej Agrovet appoints Anushree Singh as chief human resources officer

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Godrej Agrovet Limited on Tuesday announced the appointment of Anushree Singh as its Chief Human Resources Officer (CHRO), with the new leadership role focused on strengthening the company’s people strategy, organisational capabilities and talent development. Singh will work closely with the leadership team to build a future-ready, high-performance organisation aligned with the company’s long-term business goals. Welcoming her, Sunil Kataria, MD & CEO, Godrej Agrovet, said strengthening people and leadership capabilities remains a strategic priority as the company pursues its purpose of crafting abundance through innovation that empowers farmers and nourishes the nation. Singh brings more than two decades of…

09 Sep

Anthropic Researcher Raises Alarm Over AI, Says Extinction Risk Could Exceed 10% Within a Decade

sunny EditorBusiness

An Anthropic AI safety researcher has said he believes there is more than a 10% chance that artificial intelligence could kill all humans within the next decade, following a public warning from a former colleague. Jacob Coxon, a 27-year-old researcher who recently announced his departure from the AI industry, said people developing advanced AI genuinely believe the technology could become capable of killing humanity. Coxon said he no longer believes any single laboratory can safely build self-improving AI. Coxon, who has worked at both OpenAI and Anthropic, accused the companies of moving too quickly toward self-improving superintelligence and taking unacceptable…

09 Sep

Mahindra expands Veero range with new CNG and upgraded diesel variants

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Mahindra & Mahindra Ltd. has expanded its Veero light commercial vehicle range with the launch of the new Veero 1.1 XXL CNG and the upgraded Veero Diesel, strengthening its multi-energy Urban Prosper Platform (UPP). The Veero 1.1 XXL CNG, designed for intra-city applications, offers a 1.1-tonne payload and a 2,900-mm cargo deck. It has a 5.1-metre turning radius and is powered by a 1.2-litre naturally aspirated engine producing 48.5 kW of power and 98 Nm of torque. The vehicle delivers an ARAI-certified fuel efficiency of 21.4 km/kg and a combined Petrol+CNG range of over 450 km. It is targeted at…

09 Sep

TCS Advances AI-Led Manufacturing with New Pune Lab

nanika EditorBusiness

Tata Consultancy Services (TCS) has launched an Industrial Autonomy & Engineering Lab at its Sahyadri Park campus in Pune, describing it as India’s first “lights-out” factory lab designed to advance artificial intelligence-led manufacturing. A lights-out factory uses autonomous technologies to operate production processes with minimal human intervention. The new facility features a fully robotic battery pack assembly line and a live, multi-stage production setup that allows manufacturers to prototype, test, validate and scale AI-first production systems while reducing deployment risks. TCS said the lab demonstrates how self-optimising factories can automate workflows by integrating digital twins, robotics, industrial AI, factory control…

09 Sep

Injecto Polymers to launch ₹56.12 crore IPO on September 11

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Injecto Polymers Limited, a manufacturer of polymer-based packaging solutions, will open its ₹56.12 crore Initial Public Offering (IPO) for subscription on September 11, with the issue closing on September 16. The equity shares are proposed to be listed on the BSE SME platform on September 21, subject to approvals and market conditions. The IPO comprises a fresh issue of 56.12 lakh equity shares at a price band of ₹98-₹100 per share. The Anchor Book will open on September 10. The minimum retail application at the upper price band involves 2,400 shares, requiring an investment of ₹2.40 lakh, while the minimum…

09 Sep

ICICI Prudential Life’s new digital platform aims to make buying and servicing insurance easier

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Buying life insurance could become simpler for customers as ICICI Prudential Life Insurance expands its digital tools for advisors and distribution partners through its upgraded ‘ICICI Life Partner Stack 2.0’. The platform brings together AI-based recommendations, digital onboarding, quotations and customer servicing. Its eQuote App uses AI to recommend suitable products based on a customer’s segment and life stage and allows advisors to create personalised quotations. LIVA, an AI-enabled chatbot, helps advisors access product features and quotations while speaking with customers. “ICICI Life Partner Stack 2.0 is aimed to give them digital and AI-enabled tools that make everyday operations simpler…

09 Sep

Jassper Shipping plans Rs 450 croreinvestment to tap India’s growing cargo demand

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Hyderabad-based international cargo logistics company Jassper Shipping will invest up to Rs 450 crore over the next three years to expand its cargo-handling and logistics operations across India, the Gulf region and other international markets. The investment, equivalent to US$50 million, will be deployed in phases by the company’s promoters, subject to market conditions, regulatory requirements and board approvals. In the first phase, Jassper Shipping plans to invest US$10 million, or around Rs 90 crore, to strengthen operations serving the power, steel, cement, agriculture, fertiliser, petrochemical, construction materials, heavy engineering, manufacturing and infrastructure sectors. The company’s expansion comes amid rising…

09 Sep

Jawa All Stars 42 Bobber unveiled at Global Chess League, priced from Rs 2.08 lakh

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Jawa Yezdi Motorcycles has unveiled the Jawa All Stars 42 Bobber at the Global Chess League 2026, with Mahindra Group Chairman Anand Mahindra introducing the new edition as the company expands its All Stars motorcycle chapter. The 42 Bobber, positioned as India’s first purpose-built bobber, features its signature cantilevered single-seat design with rear mono-shock suspension. The All Stars edition gets new colourways, chequered graphics and the All Stars insignia, with the design theme linking individuality in motorcycling with the strategic thinking associated with chess. The motorcycle is available in six colourways, including All Stars Black Mirror, Shadow Black, Silver Knight,…