Bengaluru Startup Growthmind Enterprises To Launch In 10 Indian Cities By FY29, Projects 125% Growth

* In talks with leading investors to raise $12 million

* Targets around ₹225.7 crore revenue and around ₹177 crore EBITDA in FY29

Bengaluru startup, Growthmind Enterprises, the parent company behind Construction Managers and Interior Managers, today announced plans to expand both of its BOQ-based platforms into 10 Indian cities simultaneously, with the rollout beginning in Bengaluru and extending to Hyderabad, Pune, Chennai, Ahmedabad, Gurugram, Noida & Greater Noida, the Mumbai Metropolitan Region, Indore, and Surat from October 2026.

To fund this expansion, Growthmind is in talks with leading investors with the intent to raise $12 million (approximately ₹100+ crore) over the next few months. The company is targeting more than 125% combined revenue growth over the two years following the 10-city launch, from a projected ₹98.6 crore in FY27 to ₹225.7 crore in FY29, with combined net EBITDA rising from ₹49.4 crore to ₹176.5 crore over the same period. Growthmind expects both platforms to turn profitable in FY27 and projects a combined 42-month net cash flow of more than ₹351 crore on an asset-light model with zero inventory and zero capital frozen in the business.

“The expansion targets a largely unorganized market. Rather than scaling city by city, we will deploy the entire fund raise upfront, so that all 10 cities launch together from day one, giving both platforms access to the customer base, vendor networks, and local teams needed to operate at scale from the outset. Through this model, customers pay vendors directly, and our fee is tied entirely to getting their home or interiors project done on time and within budget. This fund raise will allow us to bring that model to homeowners across India’s biggest markets simultaneously,” said Sanchit Gaurav, Founder of Growthmind Enterprises.

Construction Managers (constructionmanagers.in) is India’s first BOQ-based home construction company. Customers pay material vendors and labour contractors directly, on actuals, with no advance, no markup, and no lump sum, with every timeline backed by a penalty clause for delay. Interior Managers (interiormanagers.in) is India’s first BOQ-based interior design company, offering full design-to-handover delivery on a cost-plus model, with factory quality checks before shipment and milestone-based payments in place of large advances.

Both platforms are designed to organize a fragmented and unstructured market by bringing standardized BOQs, verified vendor onboarding, milestone tracking, and controlled execution into a space that has traditionally relied on opaque estimates, hidden markups, and weak accountability. This creates a more efficient ecosystem for vendors as well, giving them qualified project flow, faster billing cycles, clearer scopes of work, and reduced disputes over pricing, measurement, and execution.

For customers, the model delivers complete transparency and control. They can see where every rupee is going, pay vendors directly for actual work and materials, and stay aligned on budget, timelines, and quality at every stage. Instead of financing unexplained buffers or absorbing inflated estimates, customers get a trackable, accountable, and contract-backed delivery model.

The opportunity is substantial. India’s interiors market alone is estimated at USD 35.48 billion in 2026 and is projected to grow to USD 65.01 billion by 2031, reflecting strong long-term demand for organized, professional execution. Beyond interiors, India’s individual home construction market remains one of the country’s largest and least organized real estate segments, creating a major opportunity for BOQ-led platforms that can standardize delivery and bring trust, speed, and cost control to homeowners at scale.

Construction Managers charges 15% on BOQ actuals, structured as a ₹1,00,000 booking value, a main agreement payment of ₹4,25,000, and a running account of ₹47,727 per month over 11 months, totalling roughly ₹10,50,000 in fees on a typical project. Interior Managers charges 20% on BOQ actuals over a shorter 2–4 month project cycle, structured as a ₹50,000 booking value, a ₹75,000 main agreement payment, and two running account instalments of ₹12,500 each, totalling roughly ₹1,50,000 in fees on a typical project.

About Growthmind Enterprises

GrowthMind is India's first tech-enabled, 360-degree real estate ecosystem, redefining how people build, renovate, and invest in property. Headquartered in Bengaluru, the company delivers end-to-end real estate solutions through its specialized divisions: Construction Managers for on-time, tech-driven project execution powered by BOQ-based platforms that offer itemized, upfront cost transparency; Magnon Interiors for functional and elegant interior design; Material Market for high-quality construction and interior materials at competitive prices; Renovation Manager for seamless remodelling, from minor upgrades to full-scale renovations; and Pincode4You, a hassle-free platform for buying, selling, and renting property. Built on a foundation of transparency, quality, and innovation, GrowthMind offers customer-centric support from concept to completion, helping people construct their dream homes, upgrade their living spaces, and make confident real estate investments.

MS Dhoni Joins Malabar Gold & Diamonds As Brand Ambassador, Strengthening The Responsible Jeweller Promise

Photo Caption : Malabar Gold & Diamonds welcomed MS Dhoni as its Brand Ambassador in the presence of M.P. Ahammad, Chairman of Malabar Group; O. Asher, Managing Director – India Operations; and Shamlal Ahamed, Managing Director – International Operations and Ruzan Asher.

• Association reinforces Malabar Gold & Diamonds' commitment to transparency, responsible business practices and customer-first values as the responsible jeweller.

• One of Malabar Gold & Diamonds' largest integrated consumer programmes across television, print, digital, OOH, cinema, radio and retail, reaching customers through more than 450 stores globally.

Malabar Gold & Diamonds, the world's fourth-largest jewellery retailer and a responsible jeweller, today announced MS Dhoni as its Brand Ambassador, marking the beginning of a long-term association centred around The Responsible Jeweller, the brand's philosophy of taking responsibility beyond jewellery.

At a time when consumers are placing greater emphasis on transparency, authenticity and trust, Malabar Gold & Diamonds is reinforcing its commitment to responsibility across every stage of the value chain.

The Responsible Jeweller is Malabar Gold & Diamonds' long-term commitment to responsible business practices across the jewellery value chain. It reflects the brand's approach to ethical sourcing, trusted quality, transparent pricing, responsible manufacturing and customer-first policies, reaffirming its belief that every jewellery purchase should be backed by confidence, accountability, trust and responsibility to all stakeholders.

This commitment is brought to life through Malabar Promises, a comprehensive framework of customer-first commitments. These include 100% BIS Hallmarked jewellery, 28 quality checks for every natural diamond, transparent pricing with no hidden charges, guaranteed buyback, lifetime maintenance, complimentary insurance, best-value exchange programmes and responsible sourcing practices, enabling customers to make every purchase with confidence.

One of India's most admired sporting icons, MS Dhoni is the only captain in the history of international cricket to lead India to victory in all three ICC white-ball tournaments. Admired for his integrity, consistency and humility, he embodies the values that have defined Malabar Gold & Diamonds for over 33 years since its inception in 1993.

The campaign will roll out through one of Malabar Gold & Diamonds' largest integrated consumer programmes, spanning television, print, digital, social media, radio, cinema, out-of-home media, retail experiences and owned platforms, reaching consumers through more than 450 Malabar Gold & Diamonds stores globally.

Commenting on the partnership, Mr M.P. Ahammad, Chairman, Malabar Group, said:

"Consumers today expect more from the brands they choose. Beyond exceptional products, they seek transparency, authenticity and confidence in every purchase. We believe the jewellery industry has a responsibility to meet these expectations through ethical business practices, uncompromising quality and a customer-first approach. That belief has shaped Malabar Gold & Diamonds for over 33 years and continues to guide every decision we make.

MS Dhoni has earned the respect and trust of millions through his integrity, discipline and consistency, qualities that resonate deeply with our own values. We are delighted to welcome him to the Malabar family and look forward to inspiring greater confidence in jewellery buying while reinforcing our commitment to responsible business practices."

MS Dhoni said:

"Throughout my career, I have believed that trust is earned through actions and consistency. That is what makes this association with Malabar Gold & Diamonds meaningful for me.

What resonated with me was the brand's unwavering commitment to transparency, responsibility and customer confidence. I look forward to supporting Malabar Gold & Diamonds in encouraging more people to make informed jewellery-buying decisions and choose with confidence."

Through this long-term association, Malabar Gold & Diamonds aims to encourage consumers to choose jewellery backed not only by exceptional craftsmanship, but also by transparency, responsibility and trust. 

Livpure Associates With Uttar Da Puttar, A Thought-Provoking Family Entertainer

* Exploring The Intersection Of Physics, Metaphysics And Belief

* The partnership reflects Livpure's commitment to supporting culturally relevant stories that inspire conversations around everyday life, human experiences and well-being.

Livpure, one of India's leading home wellness brands, announced its association with the upcoming Hindi family entertainer Uttar Da Puttar, a unique cinematic journey that explores the fascinating intersection of physics, metaphysics, Vastu, and human belief systems through an engaging family narrative.

Blending humour, emotion and thought-provoking storytelling, Uttar Da Puttar invites audiences to reflect on how science, energy, destiny and everyday choices shape human experiences. The film's distinctive premise, rooted in themes that resonate deeply with Indian audiences, makes it a compelling cultural conversation starter while remaining an entertaining family watch.

Through this association, Livpure aims to connect with audiences through content that reflects curiosity, exploration and the pursuit of a better quality of life. As a brand committed to enhancing everyday living, Livpure sees strong alignment with stories that encourage people to think differently about the spaces they inhabit, the choices they make and the factors that influence their overall well-being.

In an era where consumers increasingly seek authenticity and deeper meaning from the content they engage with, Uttar Da Puttar offers a narrative that bridges tradition and modernity, bringing together contemporary perspectives and age-old beliefs in a manner that is relatable, engaging and relevant.

Nitin Malhotra, Chief Marketing Officer, Livpure, said: "At Livpure, we believe that meaningful engagement comes from participating in conversations that matter to consumers. Uttar Da Puttar is not a conventional film; it explores themes that have intrigued people for generations, from science and energy to belief systems and the way our environments influence our lives. Its strong family-centric narrative and unique subject matter make it a natural fit for Livpure, a brand that is dedicated to improving everyday living and enhancing household well-being. We are excited to be associated with a story that is both entertaining and thought-provoking."

The association forms part of Livpure's broader strategy of engaging with consumers through impactful cultural platforms and premium content properties that reflect the evolving interests and aspirations of Indian audiences. By partnering with stories that spark conversations and foster deeper audience connections, the brand continues to strengthen its relevance within modern Indian households.

Uttar Da Puttar stands apart for its fresh and unconventional narrative, offering audiences a distinctive blend of entertainment, introspection and family drama. Through its association with the film, Livpure reinforces its commitment to supporting meaningful storytelling that resonates with families while creating opportunities for deeper consumer engagement across multiple touchpoints.

About Livpure

Livpure is one of India’s most trusted and customer centric brands. For over 10 years, Livpure has been delivering health, comfort and innovation to more than 1 million satisfied customers across India. Livpure offers a wide range of wellness-focused products, including water purifiers, subscription-based water purifiers, home appliances, mattresses, sleep accessories, and smart home solutions.

Manufactured and assembled under high hygiene and quality standards in its state-of-the-art R&D facility, each Livpure offering is engineered to minimize environmental impact while ensuring reliability, performance, and design excellence. Supported by a pan-India distribution network and 1000+ certified engineers, Livpure ensures seamless service to households nationwide. As part of the SAR Group, established in 1988, Livpure operates with a long-term commitment to purity, wellness, social equity and sustainable innovation.

Driven by technocrats and visionaries, the mission is to make “crafted for your wellbeing” a promise in every Indian household. For the latest news and developments, please visit https://livpure.com/. 

Tata Power Reports Q1FY27 PAT Of 1,401 Crore, Up 11% (YoY)

Key Highlights:

Core Business of Generation, Transmission & Distribution and Renewables delivers strong performance backed by improved operational efficiency with Revenue growth of 12%, EBITDA growth of 12% and PAT growth of 14% YoY in Q1FY27

Renewables Business PAT rises to Rs 612 crore, up 15% YoY in Q1FY27

Solar Cell and Module Manufacturing PAT grows to Rs 371 crore in Q1 FY27 with 3.9x growth YoY

Rooftop Solar PAT grows to Rs 145 crore in Q1FY27 with 1.7x growth YoY on the back of pan India execution and increased adoption across consumer segments

T&D Business reports PAT of Rs 492 crore and EBITDA of Rs 1,541 crore in Q1FY27, reflecting a growth of 11% and 14% YoY, respectively

Odisha DISCOMs PAT grows to Rs 111 crore in Q1FY27, up 6% YoY; become first Private Utility to cross 1 crore registered customer base in a single state

Fast-Tracking Pumped Hydro Growth: 324 MW of the 1,000 MW of Bhivpuri PSP capacity tied up with SECI

Growth Levers:

Pioneering Solar Manufacturing through Indigenisation of Solar Value Chain:

· TP Solar achieved its highest-ever quarterly production, with 1,001 MW of modules and 862 MW of cells manufactured at industry-leading plant yields. This helped drive revenue to Rs 2,462 crore in Q1FY27, reflecting strong year-on-year growth.

· As part of its expansion across the solar value chain, the Company is progressing with the development of a 10 GW photovoltaic ingot and wafer manufacturing facility (to be implemented in two phases of 5 GW each). The Company has signed an MoU with Gopalpur SEZ for 128 acres of land, while land development and environmental clearance activities are currently underway.

India's Single Largest Rooftop Solar Solutions (Solar + Battery Storage) Player:

· Tata Power continues to lead India’s Rooftop Solar revolution with 371 MWp installed during the quarter, up 37% YoY, and delivered Rs 1,350 crore in Rooftop revenue. Company has launched its solar plus battery solution for wider market outreach. Tata Power Solaroof’s cumulative installed capacity now stands at 5.2 GWp and serves over 4.8 lakh customers, supported by a nationwide network of 3,778 authorised Channel Partners and Retailers.

Strong Renewable Execution: Renewable portfolio now stands at 12 GW, including under construction capacity of 5.3 GW

Transmission Business - Enabling Seamless Evacuation: Secured a Letter of Intent from REC Power Development & Consultancy (RECPDCL) for the Ryapte intra-state TBCB project in Karnataka of 491 Ckm with a capex of over Rs 4,000 crore, taking the total transmission portfolio to 7,894 ckm. FY27 is expected to be a strong year for project execution and delivery, including the planned commissioning of the 164 Ckm TP Jalpura Khurja Transmission Limited project. The current under-construction transmission portfolio stands at 2,332 Ckm, providing strong potential for future growth.

Odisha DISCOMs continue to outperform: PAT of Rs 111 crore, up 6% YoY, driven by sustained operational improvements higher RoE and rising consumer demand.
Tata Power remains well-positioned to support additional consumers and partner with States through PPP and via parallel licensing models.

Mundra fully operational: Tata Power’s Mundra Plant resumed full 4,150 MW operations from 1st April 2026 and is currently running under Section 11. The plant continues to supply power to all the procurers to meet the Nation’s peak power demand; Ministry of Power has extended Section 11 directions till 30th September 2026. The SPPA with GUVNL has been signed and discussions with other States are underway.

Ensuring Nation’s energy security through cross-border partnership: Uttar Pradesh Electricity Regulatory Commission (UPERC) has cleared Uttar Pradesh Power Corporation Limited (UPPCL)’s 511 MW long-term purchase from the 600 MW Khorlochhu project in Bhutan. The Khorlochhu project is tied up under a 30-year power purchase agreement with TPTCL, with UPPCL as the offtaker. Furthermore, Tata Power and Bhutan’s Druk Green Power Corporation has signed an MoU for 404 MW Nyera Amari I & II Integrated Hydropower Project in Bhutan.

Advancing Round-the-Clock Renewable Supply through PSP: Tata Power has secured a Letter of Award from SECI, under which the Company will supply 324 MW for 40 years from its 1,000 MW Pumped Hydro Storage Project at Bhivpuri, Maharashtra.

Accelerating clean mobility adoption: Tata Power EZ Charge network now spans over 2.4 lakh home chargers, 5,900+ public, semi-public and fleet charging points and 1,200+ e-bus charging points across 717 cities and towns, with over 6 lakh registered users and ~476 million green miles covered.

Recognised on ESG parameters: Tata Power retained its MSCI ‘A’ rating and improved its S&P Global Corporate Sustainability Assessment score to 77 (from 68), alongside a CDP ‘B’ for both Climate Change and Water Security.

Tata Power, one of India’s largest vertically integrated power companies, today reported a Profit after Tax (PAT) of Rs 1,401 crore, up 11 % YoY, for the first quarter ended June 30, 2026. The Company’s revenue grew to Rs 18,898 crore, up 8% YoY; while EBITDA rose to Rs 4,249 crore, up 8% YoY.

The Company has commenced FY27 on a strong footing, with the first quarter reflecting solid execution across its businesses and reinforcing the strategic priorities that will drive the next phase of growth.

As green energy adoption accelerates, Tata Power is strategically investing across the value chain from domestic manufacturing and large-scale renewable development to cross-border clean energy partnerships and energy storage solutions. The Company is building capabilities that enhance grid flexibility and reliability through a combination of pumped hydro storage, battery energy storage systems and hybrid energy solutions. These efforts are pioneering dependable clean energy access for commercial, industrial and residential consumers.

Consolidated Financial Performance (in Rs crore) 

Particulars	Q1 FY27	Q1 FY26	% Change YoY
Revenue	18,898	17,464	8%
EBITDA	4,249	3,930	8%
Reported PAT	1,401	1,262	11%

 

Dr. Praveer Sinha, CEO and Managing Director, Tata Power, said: "India's energy sector is entering its next phase of transformation where the focus is shifting to delivering reliable, round-the-clock clean energy. At Tata Power, we have positioned ourselves ahead of this curve through our integrated and bundled supply of RTC Renewable power though solar, wind, battery storage and pumped storage projects.

This quarter marks several strategic milestones that will shape our next phase of growth. With more than Rs 5,000 crore deployed towards capex during Q1, we have begun FY27 with a strong project implementation roadmap.

The return of Mundra to full operations, industry leading solar rooftop growth and deepening cross-border energy partnerships further reinforce our position as a leading integrated power company.”

Business Highlights – Q1 FY27

Generation:

Traditional Generation demonstrated strong operational performance and resilience while maintaining minimal to zero forced outages during the Quarter. The average availability stood at robust 96.2%.

Tata Power continues to make significant engineering progress across the Bhutan hydropower projects-Khorlochhu and Dorjilung.

At the 1,000 MW Bhivpuri Pumped Storage Project, the upper reservoir has been constructed and Civil, Electro-Mechanical, Hydro-Mechanical and GIS packages awarded & works are progressing well.

Renewables

The cluster posted strong performance as quarter EBITDA increased 8% YoY to Rs 1,696 crore from Rs 1,567 crore in Q1 FY26 driven by capacity additions, higher sales from Solar Manufacturing & Rooftop solar

Total renewable portfolio at 12.0 GW, of which 6.7 GW operational (5.4 GW solar, 1.3 GW wind) and 5.3 GW under implementation.

Commissioned Ladakh’s first commercial rooftop solar project, a 50 kWp system in Leh, marking the region’s entry into distributed clean energy.

Commissioned the 100.8 MW Jewali Wind Project in Dharashiv, Maharashtra, generating ~299 million units annually and supplying clean power to Tata Power Mumbai Distribution

Rooftop Business expands its addressable market with complete solar solutions (Solar plus Battery). The order book stands at Rs 639 crore.

Transmission & Distribution

Announced plans to upgrade Mumbai’s Transmission and Distribution network by 2031, including a 400 kV ring network to serve data centres and metro lines.

Tata Power Delhi Distribution Limited crosses 10,000 Rooftop Solar installations in Delhi creating 160 MWp of distributed clean energy.

Electric Mobility

Commissioned ultra-fast charging stations with Indian Oil on the Delhi–Mumbai Expressway (63rd and 69th Milestones, Haryana)

Signed an MoU with Varanasi Smart City to expand EV charging across transit hubs, parking areas and tourist sites

Tata Power and Tata Passenger Electric Mobility Limited (TPEM) inaugurated Telangana's first high-speed Tata.ev MegaCharger hub in Hitech City, Hyderabad.

Beyond Gold: How Non-Par Life Insurance Is Emerging As The New Gold Standard For Certainty

For generations, Indian households have had one instinct during uncertain times: when in doubt, buy gold.

However, the recent market environment has offered investors a timely reminder: even traditional safe-haven assets can experience sharp volatility. Since the escalation of the West Asia conflict, global markets have remained choppy, crude oil prices have remained volatile, and investor sentiment has shifted quickly. In such periods, gold is typically expected to benefit from safe-haven demand. Yet, this time, gold itself came under pressure.

Gold was trading at around USD 5,278 per troy ounce at the close on February 27, the day before the conflict escalated. It later corrected sharply to around USD 4,090 per troy ounce as of July 27. (Source: Investing.com). In INR terms too, gold corrected from ₹158,585 per 10 grams at the close on February 27 to around ₹142,800–144,200 per 10 grams in late July. (Source: MCX Spot Market Price at Ahmedabad).

What makes this correction noteworthy is that it happened despite factors that would normally support domestic gold prices. During the same period, the INR weakened from 91.08 to 96.13 against the US dollar (Source: Morning Star), while basic customs duty on gold also increased. Both these factors could have cushioned gold prices for Indian investors. Yet, gold still declined.

Moreover, on June 5, the RBI and the Government announced a series of measures to attract foreign capital and support the INR, aimed at strengthening capital inflows, improving foreign currency liquidity and enhancing external sector stability. If these measures help stabilise the INR over the medium term, currency depreciation may no longer provide the same support to gold returns for Indian investors.

This raises an important question: if even gold, India’s most trusted symbol of financial security, can fluctuate during uncertain times, what should investors look for when they seek true certainty?

Certainty is becoming the new safe haven

Today’s investors are not merely looking to grow wealth. They want money that is available when life demands it. A child’s education fees will not wait for markets to recover. Retirement income cannot depend on whether gold, equities or interest rates are favourable that year. Healthcare needs, family responsibilities and long-term commitments arrive on schedule.

That is where non-participating life insurance solutions are gaining relevance — by offering something gold simply cannot promise: defined benefits, long-term protection and greater predictability.

What are Non-Par life insurance solutions?

Non-Par products are life insurance plans where the benefits are guaranteed and defined upfront at the time of purchase. They do not participate in the profits or bonuses of the insurance company and are not linked to market performance. In simple terms, the customer knows what they will receive, when they will receive it, and how it can support their financial goals.

Typically, such solutions offer annualised returns in the range of 5–7% p.a. IRR, depending on the customer’s age, premium, policy term and benefit option, with select product structures offering even higher returns. More importantly, these returns come with the advantage of life cover and guaranteed payouts, making them a strong fit for goal-based planning.

Why this matters now

The shift is already visible in investor behaviour. Indian households continue to prioritise safety, capital protection and predictable outcomes. This is not because they do not want growth. It is because they want growth that does not compromise certainty.

In uncertain times, the focus moves from “How much can I make?” to “Can I count on this money when I need it?”

That is the gap Non-Par solutions are designed to address. Unlike market-linked products, they are not exposed to daily volatility. Unlike gold, they do not depend on price movements to deliver value at a specific milestone. Unlike traditional savings instruments, they also provide life insurance protection, ensuring the family’s financial plan remains on track even if life takes an unexpected turn.

Sujeet Kothare, Chief Business Officer - Proprietary Business, Propositions and Marketing, Digital Marketing, Tata AIA Life Insurance, said: “Gold will always have a special place in Indian households because it represents trust, tradition and security. But today’s families are looking for a more predictable answer to their financial goals. When a child’s college fee is due, when retirement income is needed, or when the family requires support, they want certainty. Non-Par life insurance solutions address this need by combining guaranteed benefits with life cover. In today’s uncertain environment, that combination is becoming increasingly meaningful.”

The new gold standard of planning

This is not about replacing gold, fixed deposits or equities. Each asset has a role in a well-planned portfolio. Gold may preserve value over the long term. Equities may create growth. Fixed deposits may provide short-term stability. But Non-Par life insurance solutions bring something distinct: a guaranteed financial outcome linked to a defined life goal, along with protection for the family.

As global uncertainty continues to test traditional assumptions, investors are beginning to look beyond assets that simply appear safe. They are looking for solutions that deliver when it matters.

In that sense, Non-Par life insurance is emerging as the new gold standard for financial certainty.

Sources:

World Gold Council, Gold Demand Trends Q1 2026

SEBI Investor Survey 2025

Disclaimers:

As on 31st March 2026, the company has a total Assets Under Management (AUM) of ₹145,589 Crore

Individual Death Claim Settlement Ratio for FY 2025 -2026 is 99.45% as per the latest annual audited figures 98,01,699 families protected till 18th May 2026.

Retail Sum Assured for FY’25-26 is Rs 9,00,876 Crores As on 31st March 2026

No Goods and Service Tax shall be applicable on Individual life insurance products as per prevailing laws. Tax laws are subject to amendments from time to time. If any imposition (tax or otherwise) is levied by any statutory or administrative body under the Policy, Tata AIA Life Insurance Company Limited reserves the right to claim the same from the Policyholder.

Air India And Ministry Of Tourism Enter MoU To Jointly Promote India As A Global Tourism Destination

* First global airline to partner with the Ministry of Tourism

* Partnership to showcase India to the world through joint marketing, destination promotion, transit tourism initiatives, and enhanced traveller experiences

Air India, India's leading global airline, and the Ministry of Tourism (MoT), Government of India, have signed a Memorandum of Understanding (MoU) to jointly promote India as a premier global tourism destination and strengthening India’s position as a key aviation and transit hub.

The MoU establishes a framework for coordinated initiatives across tourism marketing, destination storytelling, trade engagement, transit tourism, and visitor experience enhancement.

By leveraging Air India's expanding global network and the MoT’s flagship Incredible India initiative, the collaboration aims to boost inbound tourism, strengthen India's global visibility, and encourage more international travellers to discover the country's diverse cultural, heritage, natural, and experiential offerings.

Nipun Aggarwal, Chief Commercial Officer, Air India, said: "As the airline that proudly carries India in its name, Air India has a unique responsibility to showcase the country to the world and serve as an ambassador for the “new India” that is confident, vibrant, warm, and welcoming. As Air India expands its global network that already spans five continents and welcomes more visitors to India, this partnership with the Ministry of Tourism will help us to meaningfully put the spotlight on a nation that truly is uniquely remarkable.”

P. Balaji, Group Head – Governance, Risk, Compliance & Corporate Affairs, Air India, said: "This MoU reflects months of close collaboration between Air India and the Ministry of Tourism and a shared belief that aviation and tourism can be powerful partners in advancing India's global profile. The framework creates a meaningful platform that combines the Government’s nation-branding strengths with Air India's growing global footprint. We are excited to work with the Ministry of Tourism to create new pathways for international travellers to discover the richness, diversity, and dynamism of India."

With Air India serving 40 international destinations across five continents and welcoming millions of visitors to India each year, the airline's new world-class aircraft, digital platforms, inflight experiences, and global commercial presence will become powerful channels for taking the Incredible India story to travellers around the world.

Air India's network today spans North America, UK & Europe, Australia, Africa, and Asia - regions that together are home to nearly 95% of the world's population. Beyond the destinations it serves directly, Air India's 25 codeshare partnerships and more than 120 interline partnerships with leading airlines around the world today connect India to over 1,000 destinations worldwide. This vast global footprint, combined with Air India's uniquely Indian identity, makes the airline a natural partner for showcasing India's heritage, culture, landscapes, and tourism experiences to audiences worldwide.

Driving inbound tourism and trade engagement

Under the agreement, Air India and the Ministry of Tourism will collaborate on co-branded global marketing campaigns and tourism promotion across digital, social media, inflight branding, and other consumer-facing platforms. The partnership will also explore opportunities to extend Incredible India branding across Air India's touchpoints.

Recognising the critical role of aviation in tourism growth, the two organisations will jointly engage with tour operators, travel trade partners, and industry stakeholders across key international markets.

The collaboration will include participation in tourism exhibitions, roadshows, familiarisation trips, and other market development activities designed to boost interest in India among international travellers.

Air India and the Ministry will also work with State Tourism Boards and other stakeholders to highlight destinations across the country and support tourism-led initiatives.

Strengthening India's position as a global transit hub and developing new offerings for travellers

As Air India continues to build its hubs at Delhi and Mumbai as into major international gateways, the MoU provides for collaboration on initiatives aimed at encouraging transit and stopover tourism in India, including the development of stopover programmes.

Additionally, both organisations will explore opportunities to align with Air India's Maharaja Club loyalty programme and develop customer incentives linked to tourism experiences across India.

The Ministry of Tourism will also facilitate engagement with relevant stakeholders to explore special offers and benefits for Air India customers, including access to cultural attractions, heritage sites, museums, and other visitor experiences.

About Air India Group

The Air India Group – comprising full-service global airline, Air India, and value carrier, Air India Express – is spearheading a new era of Indian aviation. The Air India story began in 1932 when JRD Tata piloted the airline’s inaugural flight and opened the skies for aviation in India. Today, Air India Group employs more than 30,000 people, operates over 300 aircraft and carries travellers to 60 domestic and 51 international destinations across five continents.

Returning to Tata Sons in 2022 following 70 years under Government ownership, Air India Group is in the midst of a five-year transformation programme, Vihaan.AI. As part of the transformation, Air India has placed orders for 600 new aircraft. In addition to taking new aircraft deliveries, Air India is progressively retrofitting all its legacy aircraft.

The Air India Group operates South Asia’s largest aviation training academy in Gurugram, India. The construction of a new flying school and a greenfield maintenance base is in progress.

With transformation underway across all facets of the business and India’s rich legacy of hospitality, Air India is committed to being a world class global airline with an Indian heart.

For more news on Air India, visit http://www.airindia.com/newsroom

Airtel Payments Bank Partners With CSC To Expand Digital Banking And Financial Inclusion Across India

Airtel Payments Bank has signed a Memorandum of Understanding (MoU) with CSC e-Governance Services India Limited to strengthen financial inclusion and enable greater access to digital banking and bill payment services across the country. The partnership was formalized during CSC's 17th Foundation Day celebrations in Kolkata.

Through this collaboration, Airtel Payments Bank's banking and digital payment solutions will be made available at CSC's network of over 500,000 Common Service Centres (CSCs), significantly enhancing access to formal financial services for citizens in rural India. Set up by the Ministry of Electronics and Information Technology (MeitY) to oversee the implementation of Government to Citizens (G2C) schemes, CSC e-Governance provides G2C services to citizens through its outlets, known as Common Service Centers.

Customers visiting CSC outlets will now be able to open an Airtel Payments Bank savings account, link their accounts to receive eligible government benefits, and conveniently make utility and other bill payments. The partnership is aimed to accelerating the adoption of digital financial services at the grassroots level.

Mr. Krishna Kumar Singh, Senior Vice-President at CSC e-Governance Services India Limited, said “At CSC, we are committed to ensuring that every citizen, especially in rural and underserved regions, has access to essential services. Our partnership with Airtel Payments Bank strengthens this commitment by bringing secure, convenient, and accessible banking and payment solutions closer to communities across India. Together, we aim to accelerate financial inclusion, simplify digital payments, and enable greater participation in the country's growing digital economy."

Mr. Pranav Kaushal, Chief Sales and Distribution Officer at Airtel Payments Bank said, "This partnership with CSC e-Governance marks an important milestone in our mission to make banking accessible to every citizen, regardless of where they live. For India's digital economy to grow inclusively, formal banking must reach the last mile, anchored by infrastructure that is secure, reliable, and built close to the citizen. By combining CSC's unparalleled grassroots network with our digital banking capability, we are creating a powerful channel to bring banking and digital bill payments within easy reach of millions. Together, we aim to foster trust, financial dignity, and lasting empowerment at the grassroots level."

This collaboration marks a significant step in expanding the reach of India's digital public infrastructure by combining CSC e-Governance's trusted citizen service network with Airtel Payments Bank's digital banking capabilities. Together, the two organisations will create a stronger ecosystem that simplifies access to formal banking, enables seamless delivery of government benefits, and supports the country's vision of a digitally empowered and financially inclusive India.

About Airtel Payments Bank

Airtel Payments Bank offers a diverse range of safe, simple, and rewarding digital banking solutions through its robust digital platforms and extensive network of over 5 lakh active banking points spread across the country. As one of the fastest growing digital banks in the country, it has built a strong and inclusive digital payments system that empowers millions of customers. Airtel Payments Bank is focused on contributing to the Government’s vision of Digital India and Financial Inclusion by taking digital banking services to the doorstep of every Indian.

For more details visit - https://www.airtelpayments.bank.in/