ACCEL Ltd.

Sarla Aviation secures DGCA Design Organisation Approval (DOA) for its electric air taxi (eVTOL) development. This milestone enables commercial production and boosts indigenous aerospace in India.

Zetwerk Manufacturing, Marri Retail, Tonbo Imaging, and Gujarat Victory Forgings receive Sebi''s nod to float IPOs. Get details on their fundraising plans.

Cult.fit, India''s largest fitness platform, files IPO papers with Sebi to raise Rs 950 crore via fresh issue. Existing shareholders, including Hrithik Roshan, to offload shares.

Agritech startup Ninjacart secured $6M from Tiger Global & others. Now EBITDA profitable, it plans a public listing within two years. Learn about its growth.

Sarla Aviation, backed by Accel & Nikhil Kamath, successfully completed flight tests for its Sylla demo electric aircraft, a step towards its 2028 air taxi, Shunya.

Union Textiles Minister Giriraj Singh stresses tech advancement for India''s handloom traditions. IIHTs crucial for sector growth, new MoUs signed.

Maharashtra CM Devendra Fadnavis announces a 3-day ''Viksit Bharat Youth Conclave-2026'' in Pune, focusing on sports, tech, innovation, and culture for 1,000 delegates.

CAG recommends enhanced coordination between Income Tax & GST departments to assess tax dues on works contract & construction services, citing compliance deficiencies.

Bank of America (BofA) will acquire a 49.9% stake in Jio Credit, Jio Financial Services'' lending arm, for $1.9 billion, forming a new joint venture.

Star Air announces new direct flight services between Ahmedabad and Mundra (Kutch) starting August 17. Boosts Gujarat''s economy & logistics network.

MRVC announces Indian Railways will manufacture 238 AC local rakes for Mumbai''s suburban network by 2030, embracing ''Vocal for local'' after failed global bids.

TPG and Temasek offloaded nearly 13% stake in Dr Agarwals Health Care for Rs 2,008 crore. ICICI Prudential, Invesco, Polar Capital, and Allianz acquired shares.

Surveillance tech firm CP Plus sees Q1 profit after tax jump to Rs 142.2 crore & 90% revenue growth. Company plans major capacity expansion & new manufacturing facilities.

India''s Commerce Secretary will visit Chile to review progress on expanding the India-Chile trade agreement (CEPA), focusing on critical minerals like lithium and copper.

DGFT invites comments on a draft SOP for reporting inward remittance messages from NBFC factors. Enhance transparency & ease of export remittance reconciliation.