CHENNAI PLUS

Godrej Agrovet Limited, one of India’s largest farm-to-protein platforms, inaugurated India’s first Integrated Oil Palm Complex in Khammam, Telangana. The complex brings together every stage of the oil palm value chain under one roof – seed and genetics, nursery, R&D center, mill and upcoming state-of-the-art refinery in the complex. The company’s cumulative investment will be INR 300 Crore once the entire complex is operational. The complex was inaugurated by Sri Bhatti Vikramarka Mallu Garu, Hon'ble Deputy Chief Minister and Hon’ble Minister for Finance & Planning, Energy, Government of Telangana in the presence of Sri Ponguleti Srinivas Reddy Garu, Hon'ble Minister for Revenue and Housing, Information & Public Relations, Government of Telangana; Tummala Nageswara Rao Garu, Hon'ble Minister for Agriculture, Marketing, Co-operation, and Handlooms & Textiles, Government of Telangana;   Sri D. Sridhar Babu Garu, Hon'ble Minister for ITE&C, Industrie...

As global aerospace manufacturers increasingly seek resilient and diversified supply chains, the Aerospace business of Godrej Enterprises Group is showcasing India's expanding role in high-value aerospace and aero-engine manufacturing at the Farnborough International Airshow 2026, one of the world's most influential aerospace industry events, being held from July 20–24. Bringing together leading aircraft manufacturers, aero-engine OEMs, suppliers, technology companies and policymakers from around the world, Farnborough serves as a platform for shaping the future of aviation. As aerospace companies continue to diversify sourcing and strengthen supply networks, India is increasingly emerging as a strategic destination for advanced manufacturing and engineering. With more than four decades of experience in aerospace manufacturing, the Aerospace business of Godrej has built deep expertise in advanced engineering, precision manufacturing and high-complexity aerospace production....

The Board of Directors of ICICI Bank Limited approved the financial accounts for the quarter ending June 30, 2026. The auditors issued an unmodified report on these statements. In Q1-2027, profit before tax excluding treasury rose by 20.9% to ₹18,975 crore (US$ 2.0 billion) compared to the same quarter last year. Core operating profit increased by 15.6% to ₹20,235 crore (US$ 2.1 billion), with an 18.3% rise to ₹19,125 crore (US$ 2.0 billion) when excluding dividends from subsidiaries. Net interest income (NII) also grew by 12.7% to ₹24,384 crore (US$ 2.6 billion). The net interest margin improved slightly to 4.36%. Non-interest income, excluding treasury, saw a 16.0% increase to ₹8,425 crore (US$ 890 million), with fee income rising by 23.5% to ₹7,286 crore (US$ 770 million). However, operating expenses increased by 10.4% to ₹12,574 crore (US$ 1.3 billion). The treasury gained ₹151 crore (US$ 16 million) compared to losses in the previous quarter. Provisions, excluding tax, decreas...

Axis Bank, one of the largest private sector banks in India, delivered a strong start to FY27, reporting a Q1FY27 net profit of ₹7,114 crores, up 23% YoY, driven by positive operating jaws and stable asset quality. Net Interest Income (NII) grew 8% YoY to ₹14,646 crores, while Core Operating Profit grew 10% YoY and 5% QoQ to ₹11,122 crores. The Bank continued to gain market share across deposits and advances, with deposits growing 18% YoY and advances rising 19% YoY, driving a 20% YoY expansion in the balance sheet to ₹19,21,966 crores. Asset quality further strengthened, with Gross NPA at 1.28% (down 29 bps YoY), Net NPA at 0.39% (down 6 bps YoY). The Bank also improved its Return on Equity (RoE) to 14.16% while maintaining a strong Capital Adequacy Ratio (CAR) of 16.67%. Reinforcing its leadership in digital banking, Axis Bank maintained an approximately 38% UPI Payer PSP market share, with UPI transaction value growing 48% YoY. The Bank’s Corporate loan book grew 38% YoY, while th...

Neo Group has signed definitive agreements for an investment round of approximately ₹ 350 crore, led by Peak XV Partners, Neo Group’s earliest institutional backer with closing scheduled to be completed shortly. The investment marks a further deepening of Peak XV's commitment, as Neo Group enters its next significant phase of growth.  Neo Group has built a differentiated and institutionalised Wealth and Asset Management platform in India. With nearly ₹ 3,000 Crore of equity capital, approximately ₹ 1,30,000 Crore of total client assets, and ₹ 50,000 Crore of annualised recurring revenue (ARR) assets, the platform today operates across 30+ cities through a team of over 850 professionals – including 150+ of the most respected senior Wealth Advisors in the country, drawn exclusively from the highest tiers of leading global private banking institutions.   Neo Group is a uniquely knowledge-driven, super specialised platform, with an unparalleled depth of management in the wea...

Godrej Agrovet Limited (Godrej Agrovet), one of India's leading diversified agri-business companies, today announced the appointment of Gaurav Pande as Chief Executive Officer of Creamline Dairy Products Limited. He will lead the company's next phase of growth with a focus on strengthening market leadership, accelerating business transformation, driving innovation, and expanding the brand's presence across key markets. Speaking on his appointment,  Gaurav Pande, Chief Executive Officer, Creamline Dairy Products Limited , said  "I am honoured to join Creamline Dairy Products Limited at a time when India's dairy sector is witnessing significant transformation, driven by evolving consumer preferences, increasing demand for value-added products, and greater emphasis on quality and nutrition. Creamline has built a strong foundation of trust through the Godrej Jersey brand and an integrated dairy ecosystem that positively impacts consumers and farming communities alike...

Schaeffler India Limited, a leading motion technology company,  announced the launch of the  Schaeffler India Social Innovation Fellowship 2026-27 , a future forward initiative  aimed at recognizing and empowering individuals who are developing innovative, sustainable solutions that have the potential to drive meaningful social and environmental impact.  The initiative, now in its fifth year, represents the company’s long-standing dedication to driving inclusive progress through innovation and technology. The fellowship is designed to identify, support and accelerate  10 high-potential social innovators  from across India, with a deliberate focus on entrepreneurs from Tier II, Tier III and rural geographies. Through financial grant, structured mentorship, industry exposure and access to leading innovation ecosystems, the program enables innovators to strengthen and scale solutions addressing some of India's most pressing social and environmental challenge...

India's social sector is undergoing a profound transformation. Traditional charity-led models are giving way to rights-based development frameworks that are increasingly driven by measurable outcomes, systems thinking, innovation, and cross-sector collaboration. The growing influence of social entrepreneurship, impact investing, ESG frameworks, public-private partnerships, and corporate social responsibility (CSR) mandates is reshaping how social impact is conceived, funded, and delivered. Recognising these shifts, Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management & Research (SPJIMR) has revamped its  Post Graduate Programme in Development Management  (PGPDM) and opened applications for Batch 28 commencing in February 2027. As India's only development management programme with the international Triple Crown accreditation of AACSB, AMBA, and EQUIS, PGPDM has built a strong legacy of developing leaders who drive meaningful and sustainable change. In May 2026, th...

Cognizant a leading AI builder and technology services provider, today unveiled a new report focused on India titled “Smarter IT spend: From cost control to cost intelligence.” The report reveals that while technology investments are rising across industries, most enterprises lack an enterprise-wide unified view of IT spend, limiting their ability to translate technology investments into measurable business outcomes. Technology spends are becoming increasingly distributed across platforms, tools and business units making it harder for enterprises to track, manage, and optimize IT spend effectively, noted the report based on a survey of 105 senior business and technology leaders across India.   Disconnected data across systems, tools, and vendors prevents organizations from building a consolidated, enterprise-wide view of IT spend, slowing decision-making and limiting the ability to reallocate budgets as priorities evolve. The research reveals significant disparities in IT spe...

Swiggy Ltd, India’s pioneering on-demand convenience platform, today announced a strategic partnership with FITPASS, India's leading fitness and preventive health ecosystem serving over 11 million Fitsters, to encourage consumers to have a healthier lifestyle, beyond only healthy eating. Building on the success of its EatRight initiative, the collaboration rewards users who consistently choose better-for-you meals on Swiggy and rank high in the EatRight Streaks Challenge and also offers the eligible winners access to FITPASS 360, India’s first integrated wellness super membership spanning fitness, nutrition, and holistic health solutions. With FITPASS, Swiggy is taking healthy living a step further by connecting healthy food choices with the next step in everyday wellness. Food is often the first decision people make for their wellbeing, and FITPASS 360 helps extend that intent into a more active lifestyle. The partnership comes at a time when healthy eating is becoming a more re...

  The Advertising Standards Council of India (ASCI) has recorded a voluntary compliance rate of 99.7% in the first quarter of FY2026-27, with marketers across size and footprint complying with ASCI’s recommendations on ad modifications. This is a notable outcome given the fragmented and fast-moving nature of India’s digital advertising ecosystem. This is the highest ever voluntary compliance rate recorded by ASCI. The voluntary compliance rate across FY2025-26 was 86%, as reported in ASCI’s annual complaints report earlier this year. In FY2024-25, it was 83%. During Q1 FY2026-27, ASCI processed 1,616 cases related to 1,089 advertisements   across sectors. Of the 1,089 ads, 179 involved influencer advertising, reflecting ASCI’s continued oversight of the rapidly evolving digital advertising ecosystem. This scale of voluntary compliance is particularly significant given the nature of the digital advertising ecosystem itself. Across platforms, formats and players, it is dis...

             -  By Capt. (Dr.) A.Y. Rajendra, CEO – Animal Nutrition Business, Godrej Agrovet Limited   India’s dairy sector must urgently strengthen its resilience to climate change as predicted El Niño conditions threaten a deficient monsoon, prolonged heatwaves and rising heat stress on cattle. The India Meteorological Department (IMD) has projected monsoon rainfall at around 90% of the long-period average, with a 60% probability of a deficient season. This raises concerns for milk production, as delayed or weak monsoons offer little relief from extreme summer temperatures. While India is the world’s largest milk producer, its productivity remains low. Average milk yield is only 4.87 kg per cow per day, compared to the global average of 7.18 kg. Heat stress further widens this gap. Studies show drought conditions can reduce milk yields by over 25%, while global evidence from El Niño-affected dairy systems indicates production losses of...

Wyzr, one of India's leading nonfiction publishers,  announced the launch of  The Millionaire Employee: An Insider's Guide to Creating ESOP Wealth  by Sandeep Jethwani, co-founder of Dezerv. The book is now available on Amazon, airport stores and at leading bookstores across India. ESOPs have become one of India's largest wealth creation engines. Employee stock option wealth in the country now totals ₹ 14.2 lakh crore, roughly 2.5 times the size of the entire PMS industry. In 2024, HDFC Bank employees alone exercised over ₹ 5,200 crore in stock options, more than all Series B+ startups combined liquidated that year. The Flipkart acquisition minted over three thousand crorepatis, many of whom went on to build companies now worth a combined $25 billion.   Despite the growing adoption of ESOPs in India, there is no definitive playbook on creating life-changing wealth through them. Employees piece together answers from blog posts, LinkedIn threads and Reddit forums...

Apollo Spectra Hospital, Alwarpet, has strengthened its women's healthcare services with the introduction of the Hologic Selenia 3D AI Genius Mammography System and Comprehensive Breast Ultrasound Services. The latest addition to the hospital's breast care programme combines advanced breast imaging with dedicated ultrasound services to support earlier detection, more accurate diagnosis and personalised care for women. B reast cancer continues to be the leading cancer among women in India, making timely screening and early diagnosis more important than ever. Tamil Nadu reports one of the highest breast cancer burdens in the country and is among the top three states nationally, with more than 700 disability-adjusted life years (DALYs) per 1,00,000 women, behind only Telangana. This high burden is due to socioeconomic development, including delayed first childbirth, lower parity, higher rates of obesity, shorter breastfeeding duration, and physical inactivity. Within the state, ...