Mumbai, Apr 16: On the occasion of World Earth Day, themed ‘Our Power, Our Planet’, Capgemini reaffirms its commitment to embedding sustainability into the very fabric of its business, demonstrating that real action is driven by everyday decisions, innovation, and collective responsibility. As part of its bold ambition to become a net–zero business by 2040, Capgemini has made significant progress over the past five years by integrating sustainability into its operations, services, and organizational culture, reinforcing that it is shaped by people’s actions every day. Key Progress Highlights: · Achieved 100%…
Snabbit hires Abhinav Ankur as CBO to consolidate early lead in India’s USD 60B quick home services market
Bengaluru, Apr 16: Snabbit, India’s first quick-service app for on-demand home services, today announced the appointment of Abhinav Ankur as Chief Business Officer (CBO). A seasoned operator with a strong track record of scaling high-growth businesses, Abhinav will lead Snabbit’s business expansion as the company deepens its position as a category creator and early market leader in one of India’s largest yet under-penetrated consumer segments.…
Stock Markets End Lower as Profit Booking Hits Financial Shares
Apr 16 (BNP): Indian equity markets ended lower on Thursday after a volatile trading session, as investors booked profits in banking and financial stocks following a recent rally. The Sensex closed 122.56 points, or 0.16%, lower at 77,988.68. During the day, the index swung sharply, touching an intraday high of 78,730.32 before slipping to a low of 77,674.93, reflecting strong volatility. Similarly, the Nifty 50…
India’s 10-Year Bond Yield May Dip Below 7 pc by June: Report
Apr 16 (BNP): India’s benchmark 10-year government bond yield may ease below the 7% level by June, although short-term volatility is likely to continue due to global and domestic economic factors, according to a report. The report notes that bond yields saw sharp fluctuations in March, mainly driven by rising crude oil prices and geopolitical tensions, which pushed yields to their highest level in the…
MF Bharat App to Expand Mutual Fund Access for Gig Workers in Smaller Cities
Apr 16 (BNP): MF Bharat, the mutual fund investment platform operated by iPrudent (formerly Prudent Asset India Pvt Ltd), has announced a new initiative aimed at improving financial inclusion among gig workers and investors in Tier 2 and Tier 3 cities. The programme seeks to simplify access to mutual fund investments through digital tools, making it easier for first-time and underserved investors to participate in…
Equity Mutual Fund AUM Rises 17pc in March on Sustained Investor Inflows
Apr 16(BNP): India’s equity-oriented mutual funds registered a strong 17.38% year-on-year increase in average assets under management (AUM) in March, driven by consistent and diversified investor inflows across multiple fund categories. The growth was largely supported by strong participation in flexi-cap, mid-cap, and thematic funds, indicating that investors are increasingly looking beyond large-cap exposure and showing a stronger appetite for diversified equity strategies with higher…
Mumbai to Conduct Tree Census After 8 Years
Apr 16 (BNP): Mumbai is set to begin a fresh tree census next week, ending an eight-year gap since the last comprehensive count, the Brihanmumbai Municipal Corporation (BMC) has announced. The citywide exercise, expected to take nearly 18 months, will map and document trees across different zones, providing an updated picture of Mumbai’s green cover. The previous census conducted in 2018 recorded around 33.7 lakh…
Jeanologia unveils a new sustainable textile finishing model powered by AI, laser and ozone at Indo Intertex
Valencia (April 16, 2026).Jeanologia, a global leader in eco-efficient technologies for the textile industry, is taking part in Indo Intertex 2026, held from April 15 to 18 at the Jakarta International Expo (Indonesia), bringing together manufacturers, production managers, and industrial decision-makers from across the textile value chain in the Asia-Pacific region. In this setting, the Spanish company presents a new model for garment finishing based…
GAIL to Develop 600 MW Solar Project with Battery Storage in Uttar Pradesh
Apr 16 (BNP): GAIL (India) Limited has entered into an agreement to develop a 600 MW solar power project in Uttar Pradesh, incorporating an advanced battery energy storage system to enhance reliability and efficiency. The integration of battery storage will help manage the intermittent nature of solar power by storing excess energy and supplying it during peak demand or low generation periods, ensuring a more stable…
India’s Trade Deficit Seen Widening in FY27 on Oil Price and Global Risks
Apr 16 (BNP): India’s trade deficit could expand in the financial year 2026–27, driven by global economic uncertainty and potential volatility in crude oil prices, according to a recent report. Rising geopolitical tensions and fluctuations in global demand are expected to put pressure on exports, while higher oil prices may increase the country’s import bill. As India remains heavily dependent on energy imports, any sustained…
