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Tuesday, January 27, 2026
Ministry Of Civil Aviation Awards Air India Express For Enhancing Domestic Connectivity
Presented by the Ministry of Civil Aviation, in collaboration with the Airports Authority of India and FICCI, the Wings India Award acknowledges exemplary effort and significant contribution to the growth, modernization, and sustainability of the aviation industry.
Air India Express has been announced as the winner in the airline category at Wings India 2026, constituted by the Ministry of Civil Aviation, Government of India, in collaboration with FICCI and the Airports Authority of India (AAI). The airline has been selected by the distinguished jury for enhancing guest experience, growing connectivity, delivering superior services, leveraging digital and technology, driving sustainability, and innovation. The award will be presented on 28th January at Wings India, India’s premier aviation event, in Hyderabad.
Air India Express’ growing network spans 45 domestic and 17 international destinations across South Asia, Southeast Asia, and the Gulf region. With over 500 daily flights, the airline is the fastest-growing carrier in India, offering guests enhanced choice, connectivity, and schedule flexibility.
The airline now operates a fleet of over 100 aeroplanes, with over two-thirds of its fleet now comprising brand new Boeing and Airbus aircraft. Its recently unveiled linefit and retrofit cabins feature plush contoured leatherette seating, soothing mood lighting, a quieter cabin experience, larger overhead bins for more cabin storage, and fast-charging USB-C and USB-A ports for every seat. The Air India Express experience is supported by warm service and strong operational performance. In December, Air India Express ranked number one in on-time performance amongst all Indian airlines.
The airline has also made sustained investments in elevating its airport, onboard and digital experience. ‘Gourmair’ hot meals inspired by regional flavours and the industry’s first customised fare options including India’s only Lite (cabin-bag only) fare.
The airline’s network is anchored by its three largest hubs - Bengaluru, Delhi, and Mumbai, which together form the backbone of its connectivity. These hubs enable seamless transfers, and improved schedule reliability, enhancing convenience and efficiency for guests. Nearly 80% of domestic capacity is deployed on routes connecting metros to non-metros, the fastest-growing segment in Indian aviation. By the end of FY25, the airline operated over 1,260 weekly domestic flights across approximately 120 routes, reflecting a 47% year-on-year increase. Of the 20 million guests carried by Air India Express in FY25, nearly three-fourth were domestic travelers.
This momentum accelerated further in FY26, with weekly domestic flights rising to around 2,700, an increase of nearly 115%. As part of this unprecedented expansion, the airline launched 12 new stations in 2025, further strengthening network reach and accessibility.
Beyond point-to-point connectivity, Air India Express also plays a distinct role through its successful codeshare partnership with Air India. This integration enables guests from emerging cities to connect seamlessly, on a single PNR, to long-haul international destinations across North America, Europe, and other global markets. By connecting non-metros to global cities, Air India Express is bringing the world closer to interior India, transforming regional airports into gateways for international travel.
Air India Express won the ‘Sustainability Champion’ Award at the last edition of Wings India.
About Air India Express
Air India Express is A Tata Enterprise, operating over 500 daily flights that connect 45 domestic and 17 international destinations across South Asia, Southeast Asia and the Gulf region. The airline has a fleet of over 100 Boeing 737s and Airbus A320 aeroplanes. As India’s most vibrant and inclusive airline, Air India Express embodies the spirit and confidence of India - warm, expressive, and proudly authentic. Encouraging travellers to ‘Xplore More, Xpress More’, the airline transforms flying into an experience that is personal and memorable.
With thoughtfully curated touches - from ‘Gourmair’ hot meals, comfortable seats, and refreshed interiors to exclusive loyalty benefits and seamless digital journeys - Air India Express blends smart technology with heartfelt Indian hospitality, helping guests travel their way and feel at home wherever they go.
The Flavours of Parsi Tradition, Curated at Taj Bangalore
At Tamarind, the pop-up is curated by Chef Firozi and Chef Rashna, presenting a chef-driven Table d’Hôte menu alongside select à la carte offerings. The menu highlights beloved Parsi specialties such as Patra ni Macchi, Chicken Farcha, Sali Gosh, and the iconic Dhansak served with caramelised rice. Nostalgic desserts including Lagan nu Custard and Bawa Mawa Cake complete the experience, paired with specially crafted beverages.
Elevated with heritage-inspired tableware and chef-led storytelling, the experience offers an immersive dining journey that honours tradition while celebrating culinary craftsmanship.
· Join us from 30th January to 1st February 2026.
· Timings: Lunch – 12:30 PM to 3:30 PM | Dinner – 6:30 PM to 11:30 PM
· For reservations, please call +91 95133 96501.
Reserve your table at Tamarind, Taj Bangalore, and savour a Parsi dining experience where heritage, flavour, and gracious hospitality come together.
Manipal Academy of Higher Education Reaffirms Constitutional Values At Republic Day 2026 Celebrations
The celebration commenced with the unfurling of the National Flag by Dr H.S. Ballal, Pro Chancellor, MAHE, followed by the National Anthem and a ceremonial parade. Faculty members, staff, students and NCC cadets actively participated in the programme, reflecting a strong sense of unity and national responsibility.
Lt Gen (Dr) M D Venkatesh, VSM (Retd.), Vice Chancellor, MAHE, delivered the Republic Day Message, emphasising, “As we celebrate Republic Day, it is important for our youth to embrace discipline, ethical leadership and service to the nation. Education must go beyond classrooms to inspire a deep sense of responsibility towards society and the country. The Indian Constitution stands as a testament to unity in diversity. At MAHE, we strive to nurture an inclusive academic environment that empowers students to uphold these values and lead with purpose.”
Leadership from MAHE attended the Republic Day ceremony, emphasising the event’s significance within the wider academic community. Dr H S Ballal, Pro Chancellor, Lt Gen (Dr) M D Venkatesh, VSM (Retd), Vice Chancellor, Dr Narayana Sabhahit, Pro Vice Chancellor - Technology & Science, Dr Sharath Rao, Pro Vice Chancellor - Health Sciences, Dr P. Giridhar Kini, Registrar, Dr Vinod V. Thomas, Registrar Evaluation, Dr Anand Venugopal, Chief Operating – Officer Operations, and heads of constituent units, faculty members representing MAHE’s diverse academic landscape. Their participation lent further gravitas to the occasion, reflecting the collective leadership’s commitment to upholding national values and academic excellence.
The event was organized by Welcomgroup Graduate School of Hotel Administration (WGSHA), Manipal.
The Republic Day celebration aimed to honour the values enshrined in the Indian Constitution, while reinforcing the institution’s commitment to discipline, leadership, inclusivity and service to the nation. Students' participation highlighted India’s diversity and democratic ethos. The celebrations also marked 150 years of Vande Mataram, commemorating the enduring legacy of the national song composed by Bankim Chandra Chattopadhyay. Vande Mataram has played a pivotal role in India’s freedom movement, inspiring generations with its profound message of patriotism, unity, and devotion to the motherland.
As part of the ceremonial parade, the contingent from Kasturba Medical College (KMC), Manipal, secured first place. Welcomgroup Graduate School of Hotel Administration (WGSHA), Manipal, was recognised as the second-best contingent, while Manipal College of Health Professions (MCHP), Manipal, received the third-best contingent award.
About Manipal Academy of Higher Education:
The Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specialisations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bengaluru, Jamshedpur, and Dubai. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 3rd in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience and enriching campus life, as well as for national & multi-national corporates looking for top talent.
Saturday, January 24, 2026
Kotak Mahindra Bank Announces Consolidated PAT For Q3FY26 At ₹ 4,924 Crore, Up 5% YoY And 10% QoQ
* Standalone PAT for Q3FY26 at ₹ 3,446 crore,up 4% YoY and 6% QoQ
The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for the quarter and nine-months ended December 31, 2025, at the Board meeting held in Hyderabad, today.
Consolidated results at a glance
Consolidated PAT for Q3FY26 stood at ₹ 4,924 crore, up 5% YoY from ₹ 4,701 crore in Q3FY25 (up 10% QoQ from ₹ 4,468 crore in Q2FY26). Q3FY26 consolidated PAT includes estimated incremental cost of ₹ 98 crore (post tax) pursuant to new Labour Code.
PAT of Bank and key subsidiaries given below:
PAT (₹ crore) | Q3FY26 | Q3FY25 | Q2FY26 |
Kotak Mahindra Bank | 3,446 | 3,305 | 3,253 |
Kotak Securities | 431 | 448 | 345 |
Kotak Asset Management & Trustee Company | 315 | 240 | 258 |
Kotak Mahindra Prime | 250 | 218 | 246 |
Kotak Mahindra Life Insurance | 162 | 164 | 49 |
Kotak Mahindra Capital Company | 98 | 94 | 60 |
Kotak Mahindra Investments | 87 | 107 | 120 |
Kotak Alternate Asset Managers | 75 | 10 | 104 |
Consolidated Customer Assets which comprise Advances (incl. IBPC & BRDS) and Credit Substitutes grew to ₹ 598,780 crore as at December 31, 2025, up 15% YoY from ₹ 519,126 crore as at December 31, 2024.
Total Customer Assets Under Management as at December 31, 2025 grew to ₹ 787,950 crore, up 15% YoY from ₹ 685,134 crore as at December 31, 2024. The total Domestic MF AUM increased by 20% YoY to ₹ 586,610 crore as at December 31, 2025.
Consolidated Networth as at December 31, 2025 was ₹ 175,251 crore. The Book Value per Share increased to ₹ 176 as at December 31, 2025, up 15% YoY from ₹ 154 as at December 31, 2024 (computed based on subdivision of 1 equity share of face value of ₹ 5 each into 5 equity shares of ₹ 1 each with effect from 14th January, 2026).
At the consolidated level, Return on Assets (ROA) for Q3FY26 (annualized) was 2.10%. Return on Equity (ROE) for Q3FY26 (annualized) was 11.39%.
Consolidated Capital Adequacy Ratio as per Basel III as at December 31, 2025 was 23.3% and CET I ratio was 22.4% (including unaudited profits).
Average Liqudity Coverage Ratio stood at 135% for Q3FY26.
Kotak Mahindra Bank standalone results
Net Advances increased 16% YoY to ₹ 480,673 crore as at December 31, 2025 from ₹ 413,839 crore as at December 31, 2024. Customer Assets which comprise Advances (incl. IBPC & BRDS) and Credit Substitutes grew to ₹ 529,455 crore as at December 31, 2025, up 15% YoY from ₹ 459,436 crore as at December 31, 2024
Total period-end Deposits grew to ₹ 542,638 crore for Q3FY26, up 15% YoY from ₹ 473,497 crore for Q3FY25.
Average Total Deposits grew to ₹ 526,025 crore for Q3FY26, up 15% YoY from ₹ 458,614 crore for Q3FY25. Average Current Deposits grew to ₹ 75,596 crore for Q3FY26, up 14% YoY from ₹ 66,589 crore for Q3FY25. Average Fixed rate Savings Deposits grew to ₹ 118,505 crore for Q3FY26, up 12% YoY from ₹ 105,682 crore for Q3FY25.
Average Term Deposits grew to ₹ 318,070 crore for Q3FY26, up 19% YoY from ₹ 267,743 crore for Q3FY25.
CASA ratio as at December 31, 2025 stood at 41.3%.
Cost of funds was 4.54% for Q3FY26 (5.06% for Q3FY25 and 4.70% for Q2FY26).
Credit to Deposit ratio as at December 31, 2025 stood at 88.6%.
Customers as on December 31, 2025 were 5.1 crore.
Net Interest Income (NII) for Q3FY26 increased to ₹ 7,565 crore, up 5% YoY from ₹ 7,196 crore in Q3FY25 (up 3% QoQ from ₹ 7,311 crore in Q2FY26).
Net Interest Margin (NIM) was 4.54% for Q3FY26 (4.93% for Q3FY25 and 4.54% for Q2FY26).
Fees and services for Q3FY26 increased to ₹ 2,549 crore, up 8% YoY from ₹ 2,362 crore in Q3FY25 (up 6% QoQ from ₹ 2,415 crore in Q2FY26).
Operating expenses for Q3FY26 increased to ₹ 5,023 crore, up 8% YoY from ₹ 4,638 crore in Q3FY25 (up 8% QoQ from ₹ 4,632 crore in Q2FY26). Q3FY26 operating expenses include an estimated incremental cost of ₹ 96 crore pursuant to new Labour Code. Excluding the impact of incremental cost due to new Labour Code, operating expenses for Q3FY26 were ₹ 4,927 crore, up 6% YoY (up 6% QoQ). Cost to income was 48.3% for Q3FY26 which excluding the impact of incremental cost pursuant to new Labour Code was 47.4% for Q3FY26.
Operating profit for Q3FY26 increased to ₹ 5,380 crore, up 4% YoY from ₹ 5,181 crore in Q3FY25 (up 2% QoQ from ₹ 5,268 crore in Q2FY26).
Provisions for Q3FY26 was ₹ 810 crore (₹ 794 crore in Q3FY25 and ₹ 947 crore in Q2FY26). Credit cost (annualised) for Q3FY26 stood at 0.63% (0.68% for Q3FY25 and 0.79% for Q2FY26).
The Bank’s PAT for Q3FY26 increased to ₹ 3,446 crore, up 4% YoY from ₹ 3,305 crore in Q3FY25 (up 6% QoQ from ₹ 3,253 crore in Q2FY26).
As at December 31, 2025, GNPA was 1.30% & NNPA was 0.31% (GNPA was 1.50% & NNPA was 0.41% at December 31, 2024). As at December 31, 2025, Provision Coverage Ratio stood at 76%.
Standalone Return on Assets (ROA) for Q3FY26 (annualized) was 1.89%. Return on Equity (ROE) for Q3FY26 (annualised) was 10.68%.
Capital Adequacy Ratio of the Bank, as per Basel III, as at December 31, 2025 was 22.6% and CET1 ratio of 21.5% (including unaudited profits).
The financial statements of Indian subsidiaries (excluding insurance companies) and associates are prepared as per Indian Accounting Standards in accordance with the Companies (Indian Accounting Standards) Rules, 2015. The financial statements of subsidiaries located outside India are prepared in accordance with accounting principles generally accepted in their respective countries. However, for the purpose of preparation of the consolidated financial results, the results of subsidiaries and associates are in accordance with Generally Accepted Accounting Principles in India (‘GAAP’) specified under Section 133 and relevant provision of Companies
Act, 2013.
Voluntary Recall Of 125cc Hybrid Scooter Models By Yamaha In Indian Market
* 125cc Scooter models manufactured between May 2, 2024, to September 3, 2025, are part of the recall activity
* Affected Customers will get replacement parts free of cost at their nearest Yamaha Showrooms
As part of its ongoing commitment to delivering safe and high-quality products, India Yamaha Motor Pvt. Ltd. (IYM) has initiated a voluntary recall campaign for 3,06,635 units of its 125cc scooter models manufactured between May 2, 2024, and September 3, 2025, effective immediately.
Customer safety remains Yamaha’s highest priority. This voluntary recall has been initiated to address a potential concern wherein it has been identified that, under certain operating conditions, the front brake caliper exhibits limited function in select units of the RayZR 125 Fi Hybrid and Fascino 125 Fi Hybrid scooter models. The replacement of the specific part will be carried out free of charge for all vehicles covered under this campaign.
To verify the eligibility for recall, customers can visit the Service section of India Yamaha Motor website (https://www.yamaha-motor-india.com/). Under Maintenance, click on ‘Voluntary Recall Campaign’ and enter the Chassis Number in the ‘Scooter 125’ section to view the next steps and check if the vehicle is covered under this campaign.
In addition, customers may visit their nearest authorized Yamaha showroom and/or reach out to India Yamaha Motor at the toll-free number - 1800-420-1600 or communicate via email at yes@yamaha-motor-india.com for further assistance.
TVS ILP’s ₹250 Crore Park In MP To Begin Operations In August 2026
TVS Industrial & Logistics Parks (TVS ILP) conducted the Bhoomi Pujan ceremony for its Grade A, built-to-suit industrial and logistics park in Indore, Madhya Pradesh. The facility is expected to commence operations by August 2026.
Developed with an investment of ₹250 crore, the 20-acre state-of-the-art logistics park is designed to cater to the growing demand for high-quality warehousing and industrial infrastructure in the region. The project is expected to generate employment for over 1,000 people in and around Indore, creating meaningful opportunities for the local community. Located in the Pithampur Sector 7 industrial belt, the park sits at the crossroads of central India’s key industrial and consumption corridors, offering clients efficient access to western, northern, and southern India. Pithampur is among the country’s most established industrial clusters and plays a vital role in the region’s manufacturing output, making it a strategic destination for large-scale industrial development.
Additionally, the facility is being developed on land allotted by the Madhya Pradesh Industrial Development Corporation (MPIDC), making it easier for customers to obtain statutory approvals, while ensuring long-term operational continuity and reducing legal and operational risk.
Strategically located just one kilometre from National Highway 47 on the Indore–Ahmedabad corridor and within a 25-kilometre radius of Indore airport, the city centre, and the railway station, the park offers strong multimodal connectivity. The facility will be fully compliant with global standards and is designed to support heavy industrial usage, featuring FM2 flooring, a 13.5-metre-wide apron for efficient truck movement, wide internal roads, comprehensive fire safety systems, and a dedicated 1,000 KVA power infrastructure to ensure uninterrupted operations.
Dr. Ramnath Subramaniam, Joint Managing Director, TVS ILP, said, “We are the first corporate developer to enter Indore with the objective of addressing the gap in availability of Grade A industrial and logistics parks in the city. With rising demand driven by industrial growth and increasing urban consumption, our focus is to create a world-class facility that caters to industries such as E-commerce, automobiles, textiles, FMCG/FMCD, 3PL, and other sectors. We believe this facility will play a critical role in meeting demand from Madhya Pradesh as well as neighbouring states including Maharashtra, Gujarat, and Rajasthan. Securing land through a partnership with MPIDC was a strategic decision, as it enhances asset credibility and makes it easier for customers to secure approvals, financing, and insurance.”
Madhya Pradesh continues to witness accelerated industrial momentum, supported by sustained government investment and infrastructure development. Initiatives such as the PM MITRA Textile Park, the Indore–Pithampur Economic Corridor, and planned railway network expansion are expected to further strengthen the state’s position as a major manufacturing and multimodal logistics hub over the next three to four years.
Tata Technologies Announces Winners Of InnoVent 2026, Focused On Smart Mobility; Offers Career Opportunities To All Finalists
A first-of-its-kind humanoid robot co-host anchored the Demo Day experience, symbolising the convergence of AI, human creativity and future-ready engineering at the heart of InnoVent
Bangalore, January 24, 2026: Tata Technologies, a global product engineering and digital services company, announced the successful conclusion of the 3rd edition of its flagship engineering innovation hackathon, Tata Technologies InnoVent 2026, supported by Amazon Web Services (AWS).
Launched in June 2025, this edition of InnoVent invited engineering students across India to build solutions for “Innovating the Future of Smart Mobility Powered by Intelligence, Engineered for 2030”, tackling real-world challenges in the automotive and manufacturing sectors. The initiative continues to strengthen Tata Technologies’ engagement with academia, helping young engineers develop future-ready skills and engineering better careers for themselves.
InnoVent 2026 drew a powerful response from campuses across the country:
10,247 participants
2,822 unique projects
404 colleges from 28 states across India
39% participation by women
Mr. Warren Harris, MD & CEO of Tata Technologies noted - "InnoVent at Tata Technologies represents our conviction that the future is shaped by those who combine engineering excellence with human purpose to engineer a better world"
Over 650 hours of innovation training and mentoring were delivered by the Tata Technologies Business Excellence team and Subject Matter Experts (SMEs) to help students translate their ideas into robust prototypes ready for real-world environments.
The innovation journey culminated in the Demo Day hosted at Tata Technologies’ Hinjewadi campus in Pune, where the top 10 teams showcased their prototypes to an eminent industry jury comprising:
Warren Harris, CEO & MD, Tata Technologies
Lalitha Indrakanti, CEO, Jaguar Land Rover – Technology and Business, Services India (JLR-TBSI)
S K Dash, Chief Technical Officer, Air India
Marc Wille, CEO, ES-Tec Group
S Sukanya, COO, Tata Technologies
After a detailed evaluation, the jury announced the following winners:
First Prize – ₹3,00,000
· Team Drushti
· Intelligent Customization of Vehicle Infotainment System for Visually Impaired Drivers based on Medical Conditions
· CMR College of Engineering & Technology, Hyderabad
Second Prize – ₹1,00,000
· Team The T-Factor
· Avoiding Breakdowns Through Automatic Self-Prevention Using Edge-based AI
· Vellore Institute of Technology, Chennai
Third Prize – ₹50,000
· Team SwarmSync
· Intelligent Fleet Operations Management using V2X Communication
· International Institute of Information Technology (I²IT), Pune
In addition to the top three awards, all 42 finalists received career opportunities with Tata Technologies, providing them with a platform to continue their innovation journey within the organisation. All participants also received one-year access to the iGETIT learning platform, enabling them to deepen their skills in emerging technologies.
Top 10 finalist projects at InnoVent 2026
Intelligent Fleet Operations Management using V2X Communication – Team SwarmSync, International Institute of Information Technology (I²IT), Hinjewadi, Pune
Enhancing Connected Vehicle Security Using Blockchain Solutions – Team Unified Logic, Amrita Vishwa Vidyapeetham, Coimbatore
Wireless Battery Charging Solution for Moving Electric Vehicles – Team Techtronix, VEL Tech Multi-Tech, Chennai
Intelligent Customization of Vehicle Infotainment System for Visually Impaired Drivers Based on Medical Conditions – Team Drushti, CMR College of Engineering & Technology, Hyderabad
Real-time Road Hazard Monitoring System for Vehicle Safety – Team Empty Road, Rajalakshmi Engineering College, Chennai
Real-time Fault Detection System in EVs Fleet Using Smart Simulation Using OTA Platform – Team Grid Gurus, Sardar Vallabhbhai National Institute of Technology, Surat
Avoiding Breakdowns Through Automatic Self-Prevention Using Edge-based AI – Team The T-Factor, Vellore Institute of Technology, Chennai
Development Of a Hybrid Vehicle With CNG-powered Range Extension – Team EcoDrive Innovator, Sanjivani University, Kopargaon
AI-led Intelligent Battery Monitoring System – Team EN3RGE, Maulana Azad National Institute of Technology, Bhopal
A-pillar Blind Spot Elimination and Steering Feedback System for Safer Driving – Team Jupiter07, SR University, Warangal
These projects reflect the breadth of innovation across safety, energy efficiency, accessibility, fleet optimisation, cybersecurity and next-gen EV systems.
A humanoid robot played multiple roles throughout the event, including:
welcoming jury members and dignitaries with programmed gestures and greetings,
coordinating the panel discussion by asking curated questions to industry leaders,
performing celebratory dances during the award announcements,
engaging with students and teams by taking selfies and interacting with them,
demonstrating advanced conversational and social capabilities.
The robot became a symbol of how AI, robotics and human ingenuity can come together to reimagine the future of work and learning.
A panel discussion with industry leaders also explored themes such as innovation, global demand for engineering talent, and the role of emerging technologies in shaping the future of mobility, offering students real-world context and inspiration.
About Tata Technologies:
Tata Technologies (BSE: 544028, NSE: TATATECH) is a global product engineering and digital services company focused on fulfilling our mission of helping the world drive, fly, build, and farm by enabling our customers to realize better products and deliver better experiences. We are the strategic engineering partner businesses turn to when they aspire to be better. Manufacturing companies rely on us to enable them to conceptualize, develop, and realize better products that are safer and cleaner and improve the quality of life for all the stakeholders, helping us achieve our vision of #EngineeringABetterWorld. For more, visit us at https://www.tatatechnologies.com/ or learn more here. Follow us on Instagram, LinkedIn, Twitter, Facebook, and YouTube for the latest updates.





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