* The new NATUF café brings Middle Eastern-inspired clean food, premium dine-in comfort, and modern café culture to one of Bengaluru’s most vibrant lifestyle hubs
EBG Group has announced the launch of NATUF Café in Koramangala, Bengaluru, marking an important milestone in the group’s growing food and consumer brand portfolio under EBG Group.
Located in the heart of Koramangala, one of Bengaluru’s most active food, startup, student, and lifestyle destinations, the new NATUF café has been designed as a modern, premium, and accessible dining space for customers looking for fresh, flavourful, and thoughtfully crafted food.
Spread across approximately 2200 sq. ft., the café can accommodate around 40+ guests, making it suitable for casual dining, work lunches, family visits, evening conversations, small group gatherings, and delivery-led orders.
NATUF brings a premium Middle Eastern and Mediterranean-inspired food experience to Indian consumers through a menu built around hummus, falafel, pita, wraps, bowls, dips, sauces, fresh meal formats, and café-style offerings. The brand focuses on food that is flavourful, ingredient-led, cleaner in presentation, and suited to modern urban lifestyles.
The opening day saw an encouraging response, with more than 250 visitors experiencing the café a positive early signal for NATUF’s entry into Bengaluru’s highly competitive food market.
Speaking on the launch, Dr. Irfan Khan, Chairman, EBG Group, said:
“Koramangala is one of India’s most exciting food and lifestyle markets, and it is the right place for NATUF to begin its Bengaluru journey. NATUF has been created for customers who want food that feels fresh, flavourful, clean, and modern without losing warmth or comfort. This café is not just a food outlet; it is a step towards building a scalable clean-food brand for India.”
What makes NATUF different is its ability to combine global flavours with everyday accessibility. While many quick-service formats are often heavy, repetitive, or overly processed, NATUF offers a fresher and more balanced alternative rooted in Middle Eastern food culture.
The Koramangala café is designed to serve a wide range of customers including working professionals, students, families, food lovers, health-conscious consumers, delivery customers, and café-goers. With its comfortable dine-in space, accessible location, and thoughtfully built menu, NATUF aims to become part of the everyday food routine of Bengaluru’s urban consumers.
The launch also strengthens EBG Group’s broader food strategy, where the group is building multiple consumer-facing food brands across cafés, QSR, millet-based formats, premium gifting, family dining, and packaged food.
Following the Koramangala launch, NATUF plans to expand further across Bengaluru and other key Indian cities through a combination of company-operated stores, franchise-led formats, delivery-first models, retail counters, packaged products, corporate catering, and HoReCa partnerships.
“Our ambition is to make NATUF a trusted food brand that can scale across India while staying true to its core fresh ingredients, bold flavours, clean presentation, and a premium yet accessible customer experience,” added Dr. Irfan Khan
About NATUF
NATUF is a premium Middle Eastern-inspired food brand under the EBG Group ecosystem. The brand offers hummus, falafel, pita, wraps, bowls, dips, sauces, and modern meal formats designed for customers looking for fresh, flavourful, and thoughtfully crafted food.
About EBG Group
EBG Group is a multi-sector business ecosystem operating across food, wellness, mobility, hospitality, real estate, media, technology, and social impact. Built around the philosophy of People, Planet, and Progress, EBG Group creates, partners, licenses, franchises, and scales future-facing brands across India and global markets.
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Thursday, May 28, 2026
HPCL And Tata Motors Partner To Develop Scalable Circular Economy Model For Used Automotive Lubricants
Hindustan Petroleum Corporation Limited (HPCL), a Maharatna Oil Marketing Company, and Tata Motors, India’s largest commercial vehicle manufacturer, have signed a Memorandum of Understanding (MoU) to pilot a structured and scalable model for the responsible collection and recycling of used automotive lubricants.
This collaboration brings together the complementary strengths of two leading Indian organisations to address a critical sustainability challenge, while supporting compliance with India’s evolving Extended Producer Responsibility (EPR) framework and advancing the country’s circular economy goals.
The initiative aims to establish an organized and traceable system for managing used lubricants—classified as hazardous waste, from collection and storage to recycling. The process will enable conversion into high-quality re-refined base oil, improving resource efficiency and reducing environmental risk. The pilot is expected to set new benchmarks for responsible waste management and support India’s transition towards a circular, resource-efficient economy.
Launching the pilot, Mr. Ch Srinivas, Executive Director – Lubes, HPCL, said: “Achieving true circularity in used oil begins with reintegrating re-refined base oil into finished lubricants. Our collaboration with Tata Motors is a significant step towards building a scalable model for used oil circularity and reducing the carbon footprint across operations.”
Commenting on the partnership, Mr. Vikram Agrawal, Head – Parts and Services, Tata Motors Ltd., said, “Used automotive lubricant, if not handled responsibly, can cause long‑term environmental harm. Addressing this challenge calls for credible partners, clear processes and the ability to operate at scale. HPCL has been a trusted partner to Tata Motors across multiple dimensions, and this collaboration allows us to take a meaningful step towards organised and responsible recycling. With the combined strengths of both organisations, we believe this pilot can help establish a robust foundation for wider industry adoption.”
Under the partnership, HPCL will anchor the aggregation and transportation of used lubricants through authorised collection mechanisms, ensuring channelisation to registered recyclers. Tata Motors will leverage its extensive authorized service network to enable structured collection and promote responsible disposal practices across its ecosystem.
The pilot will be implemented across select states and governed by a joint committee comprising representatives from both organizations, responsible for monitoring progress and evaluating scalability.
As a holistic mobility solutions provider, Tata Motors complements its commercial vehicle portfolio with Sampoorna Seva 2.0, delivering end‑to‑end lifecycle solutions including assured turnaround times, annual maintenance contracts and access to genuine spare parts. These offerings are further strengthened by Fleet Edge, Tata Motors’ connected vehicle platform that enables data‑driven fleet optimisation and improved vehicle uptime. Tata Motors operates a network of over 4,500 sales and service touchpoints across India.
About HPCL:
Hindustan Petroleum Corporation Limited (HPCL) was formed on July 15, 1974. HPCL is a Maharatna Central Public Sector Enterprise (CPSE) with annual Gross sales of Rs. 4,76,411 crores during 2025-26. On 31st January 2018, the Government of India transferred its 51.11% equity stake in HPCL to the Oil and Natural Gas Corporation (ONGC). As of March 2026, the shareholding (as a % total number of shares) of ONGC (Promotor & Promotor Group) is 54.9%, and the balance 45.1% is held by others.
HPCL achieved the highest-ever sales volume of 51.45 MMT and processed the highest-ever 26.04 million tonnes of crude during 2025-26, with 106.3% refinery capacity utilization and achieved pipeline throughput of 25.54 MMT during the year. HPCL holds approximately 20.27% market share in India and has a strong presence in refining and marketing petroleum products. During 2025-26, HPCL recorded the standalone PAT of ₹ 17,175 crore.
HPCL owns and operates Refineries at Mumbai and Visakhapatnam with designed capacities of 9.5 MMTPA and 15.0 MMTPA, respectively. HPCL also has a Lube Refinery at Mumbai for producing Lube Oil Base Stocks with a capacity of 428 TMTPA. HPCL holds a 48.99% equity stake in JV Company, HMEL, which operates an 11.3 MMTPA capacity refinery in Punjab, and also has a 16.96% equity stake in MRPL, which operates a 15 MMTPA capacity refinery in Karnataka.
HPCL has a vast marketing network consisting of 23 Zonal offices in major cities and 156 Regional Offices facilitated by a Supply and distribution infrastructure comprising 43 Terminals/Installations/Tap Off Points, 37 Depots & 28 Exclusive Lube Depots, 59 Aviation Fuel Stations, 55 LPG Bottling Plants, 4 Lube Blending plants. The customer touch points constitute 25,111 Retail Outlets, 1,638 SKO/LDO dealers, 382 Bazar Lube distributors, 160 Industrial Lube Distributors, 2,271 CNG facilities at Retail Outlets, 5,701 EV Charging Stations, 913 Door-to-door delivery dispensers and 6,389 LPG Distributorships with a customer base of 9.89 crore LPG consumers as of April 2026.
HPCL has the second-largest petroleum product pipeline network in India, with a network length of 5,440 km. HPCL also conducts business through 20 JV and Subsidiary companies operating across the oil and gas value chain.
HPCL has its Research & Development Centre named ‘HP Green R&D Centre’ in Bengaluru. The Centre provides advanced technical support to the Refineries and Marketing SBUs for operational improvement, absorbing new technologies, developing innovative and path-breaking technologies, licensing technologies, and becoming a knowledge hub. HPCL is committed to conducting business to preserve the environment, sustainable development, being a safe workplace, and enriching the quality of life of employees, customers, and the community. HPCL’s CSR reaffirms the continuing commitment of the corporation toward societal development. The key focus areas are in the fields of Child Care, Education, Health Care, Skill Development, Sports, Environment and Community Development, Contribution to Incubators/R&D and Public Funded Universities and positively influencing the lives of the less privileged.
About Tata Motors Ltd (Formerly TML Commercial Vehicles Ltd):
This collaboration brings together the complementary strengths of two leading Indian organisations to address a critical sustainability challenge, while supporting compliance with India’s evolving Extended Producer Responsibility (EPR) framework and advancing the country’s circular economy goals.
The initiative aims to establish an organized and traceable system for managing used lubricants—classified as hazardous waste, from collection and storage to recycling. The process will enable conversion into high-quality re-refined base oil, improving resource efficiency and reducing environmental risk. The pilot is expected to set new benchmarks for responsible waste management and support India’s transition towards a circular, resource-efficient economy.
Launching the pilot, Mr. Ch Srinivas, Executive Director – Lubes, HPCL, said: “Achieving true circularity in used oil begins with reintegrating re-refined base oil into finished lubricants. Our collaboration with Tata Motors is a significant step towards building a scalable model for used oil circularity and reducing the carbon footprint across operations.”
Commenting on the partnership, Mr. Vikram Agrawal, Head – Parts and Services, Tata Motors Ltd., said, “Used automotive lubricant, if not handled responsibly, can cause long‑term environmental harm. Addressing this challenge calls for credible partners, clear processes and the ability to operate at scale. HPCL has been a trusted partner to Tata Motors across multiple dimensions, and this collaboration allows us to take a meaningful step towards organised and responsible recycling. With the combined strengths of both organisations, we believe this pilot can help establish a robust foundation for wider industry adoption.”
Under the partnership, HPCL will anchor the aggregation and transportation of used lubricants through authorised collection mechanisms, ensuring channelisation to registered recyclers. Tata Motors will leverage its extensive authorized service network to enable structured collection and promote responsible disposal practices across its ecosystem.
The pilot will be implemented across select states and governed by a joint committee comprising representatives from both organizations, responsible for monitoring progress and evaluating scalability.
As a holistic mobility solutions provider, Tata Motors complements its commercial vehicle portfolio with Sampoorna Seva 2.0, delivering end‑to‑end lifecycle solutions including assured turnaround times, annual maintenance contracts and access to genuine spare parts. These offerings are further strengthened by Fleet Edge, Tata Motors’ connected vehicle platform that enables data‑driven fleet optimisation and improved vehicle uptime. Tata Motors operates a network of over 4,500 sales and service touchpoints across India.
About HPCL:
Hindustan Petroleum Corporation Limited (HPCL) was formed on July 15, 1974. HPCL is a Maharatna Central Public Sector Enterprise (CPSE) with annual Gross sales of Rs. 4,76,411 crores during 2025-26. On 31st January 2018, the Government of India transferred its 51.11% equity stake in HPCL to the Oil and Natural Gas Corporation (ONGC). As of March 2026, the shareholding (as a % total number of shares) of ONGC (Promotor & Promotor Group) is 54.9%, and the balance 45.1% is held by others.
HPCL achieved the highest-ever sales volume of 51.45 MMT and processed the highest-ever 26.04 million tonnes of crude during 2025-26, with 106.3% refinery capacity utilization and achieved pipeline throughput of 25.54 MMT during the year. HPCL holds approximately 20.27% market share in India and has a strong presence in refining and marketing petroleum products. During 2025-26, HPCL recorded the standalone PAT of ₹ 17,175 crore.
HPCL owns and operates Refineries at Mumbai and Visakhapatnam with designed capacities of 9.5 MMTPA and 15.0 MMTPA, respectively. HPCL also has a Lube Refinery at Mumbai for producing Lube Oil Base Stocks with a capacity of 428 TMTPA. HPCL holds a 48.99% equity stake in JV Company, HMEL, which operates an 11.3 MMTPA capacity refinery in Punjab, and also has a 16.96% equity stake in MRPL, which operates a 15 MMTPA capacity refinery in Karnataka.
HPCL has a vast marketing network consisting of 23 Zonal offices in major cities and 156 Regional Offices facilitated by a Supply and distribution infrastructure comprising 43 Terminals/Installations/Tap Off Points, 37 Depots & 28 Exclusive Lube Depots, 59 Aviation Fuel Stations, 55 LPG Bottling Plants, 4 Lube Blending plants. The customer touch points constitute 25,111 Retail Outlets, 1,638 SKO/LDO dealers, 382 Bazar Lube distributors, 160 Industrial Lube Distributors, 2,271 CNG facilities at Retail Outlets, 5,701 EV Charging Stations, 913 Door-to-door delivery dispensers and 6,389 LPG Distributorships with a customer base of 9.89 crore LPG consumers as of April 2026.
HPCL has the second-largest petroleum product pipeline network in India, with a network length of 5,440 km. HPCL also conducts business through 20 JV and Subsidiary companies operating across the oil and gas value chain.
HPCL has its Research & Development Centre named ‘HP Green R&D Centre’ in Bengaluru. The Centre provides advanced technical support to the Refineries and Marketing SBUs for operational improvement, absorbing new technologies, developing innovative and path-breaking technologies, licensing technologies, and becoming a knowledge hub. HPCL is committed to conducting business to preserve the environment, sustainable development, being a safe workplace, and enriching the quality of life of employees, customers, and the community. HPCL’s CSR reaffirms the continuing commitment of the corporation toward societal development. The key focus areas are in the fields of Child Care, Education, Health Care, Skill Development, Sports, Environment and Community Development, Contribution to Incubators/R&D and Public Funded Universities and positively influencing the lives of the less privileged.
About Tata Motors Ltd (Formerly TML Commercial Vehicles Ltd):
Part of the USD 180 billion Tata Group, Tata Motors Ltd., (BSE: Scrip code 544569; NSE: Scrip code TMCV) is India’s largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. With over eight decades of leadership in commercial mobility, the company is known for its innovation, reliability, and performance. Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of applications—from last-mile delivery to public transport while seamlessly driving the wheels of the nation’s economy. Guided by its brand promise Better Always, Tata Motors delivers future-ready solutions that enhance customer experience and drive sustainable growth. The company operates in India and South Korea, with a global presence across Africa, the Middle East, Latin America, Southeast Asia, and SAARC countries.
As per the Composite Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench—amongst Tata Motors Limited, TML Commercial Vehicles Limited (the Company) and Tata Motors Passenger Vehicles Limited—the Company’s name was changed to Tata Motors Limited from TML Commercial Vehicles Limited (effective 29th October 2025), and its equity shares are listed on the BSE Ltd and the National Stock Exchange of India Limited.
As per the Composite Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench—amongst Tata Motors Limited, TML Commercial Vehicles Limited (the Company) and Tata Motors Passenger Vehicles Limited—the Company’s name was changed to Tata Motors Limited from TML Commercial Vehicles Limited (effective 29th October 2025), and its equity shares are listed on the BSE Ltd and the National Stock Exchange of India Limited.
Heyball Academy Bangalore And Chris Henry Set To Transform Bangalore Into India’s Cue‑Sports Education Hub
* Introduces “Neural ReWiring” Coaching in India
Heyball Academy Bangalore, in collaboration with Chris Henry Sports, will host the Level 1 Chris Henry Coach Certification Program in Bangalore on 27–28 May 2026, kicking off a week of training activities that run through 31 May. The weeklong initiative, Chris Henry’s first official coaching visit to India, brings together coaches, academy owners, and competitive players from across the country to experience internationally benchmarked coaching and performance systems. The visit marks a major step forward for professional cue‑sports coaching education.
The inaugural certification program reached full capacity ahead of the launch, with coaches, players, and academy owners traveling from across India to attend. The initiative will be followed by intensive player and junior development programs, bringing international coaching systems and modern training methods to Indian cue sports.
The certification will be conducted personally by Chris Henry, widely regarded as one of the world’s leading snooker coaches. He has worked with multiple world champions and elite professionals, including Mark Selby, Shaun Murphy, Luca Brecel, and Stephen Hendry. He will deliver the program alongside Pranit J. Ramchandani, a UK‑certified Level 2 coach, founder of Heyball Academy Bangalore, and one of India’s leading cue‑sports coaches.
The program will introduce neuroscience‑based coaching systems through Chris Henry’s renowned “Neural ReWiring” model, along with a hybrid training approach that combines snooker and Heyball methodologies. It is designed to elevate cue‑sports coaching education in India by applying international coaching standards and practical performance development.
“Our vision is to build a stronger coaching ecosystem for cue sports in India,” said Pranit J. Ramchandani. “This certification is designed to introduce modern systems, practical understanding, and international standards that can genuinely help coaches and players grow. Over time we expect this to raise performance levels nationally, create clear career pathways for coaches, and position India as a competitive force at regional and global events.”
“India has tremendous potential in cue sports,” said Chris Henry. “By scaling structured, neuroscience‑informed education and development pathways and modern coaching systems, we will build a new generation of high‑level coaches and players and accelerate consistent success at the highest levels.”
Heyball Academy Bangalore currently trains over 20 competitive players and 10 junior athletes from across India through its structured coaching and high‑performance development programs.
The weeklong program at Heyball Academy Bangalore runs from 27–31 May 2026: the Level 1 Chris Henry Coach Certification Program on 27–28 May, the Player Intensive Training Program on 29–30 May, and the Junior Intensive Training Program on 31 May.
About Heyball India:
Heyball India is a premier cue sports organization based in Bengaluru, dedicated to setting international standards for Snooker and Heyball (Chinese 8-Ball) across the country. Led by globally renowned coaches Chris Henry and Pranit Ramchandani, the academy bridges the gap between domestic talent and global professional standards through structured coaching, elite player development, and competition.
Heyball India offers comprehensive international coach certification courses alongside specialized technical, tactical, and mindset training programs for professional, amateur, and junior players. By introducing world-class training methodologies, the organization is committed to nurturing the next generation of cue sports champions in India.
Heyball Academy Bangalore, in collaboration with Chris Henry Sports, will host the Level 1 Chris Henry Coach Certification Program in Bangalore on 27–28 May 2026, kicking off a week of training activities that run through 31 May. The weeklong initiative, Chris Henry’s first official coaching visit to India, brings together coaches, academy owners, and competitive players from across the country to experience internationally benchmarked coaching and performance systems. The visit marks a major step forward for professional cue‑sports coaching education.
The inaugural certification program reached full capacity ahead of the launch, with coaches, players, and academy owners traveling from across India to attend. The initiative will be followed by intensive player and junior development programs, bringing international coaching systems and modern training methods to Indian cue sports.
The certification will be conducted personally by Chris Henry, widely regarded as one of the world’s leading snooker coaches. He has worked with multiple world champions and elite professionals, including Mark Selby, Shaun Murphy, Luca Brecel, and Stephen Hendry. He will deliver the program alongside Pranit J. Ramchandani, a UK‑certified Level 2 coach, founder of Heyball Academy Bangalore, and one of India’s leading cue‑sports coaches.
The program will introduce neuroscience‑based coaching systems through Chris Henry’s renowned “Neural ReWiring” model, along with a hybrid training approach that combines snooker and Heyball methodologies. It is designed to elevate cue‑sports coaching education in India by applying international coaching standards and practical performance development.
“Our vision is to build a stronger coaching ecosystem for cue sports in India,” said Pranit J. Ramchandani. “This certification is designed to introduce modern systems, practical understanding, and international standards that can genuinely help coaches and players grow. Over time we expect this to raise performance levels nationally, create clear career pathways for coaches, and position India as a competitive force at regional and global events.”
“India has tremendous potential in cue sports,” said Chris Henry. “By scaling structured, neuroscience‑informed education and development pathways and modern coaching systems, we will build a new generation of high‑level coaches and players and accelerate consistent success at the highest levels.”
Heyball Academy Bangalore currently trains over 20 competitive players and 10 junior athletes from across India through its structured coaching and high‑performance development programs.
The weeklong program at Heyball Academy Bangalore runs from 27–31 May 2026: the Level 1 Chris Henry Coach Certification Program on 27–28 May, the Player Intensive Training Program on 29–30 May, and the Junior Intensive Training Program on 31 May.
About Heyball India:
Heyball India is a premier cue sports organization based in Bengaluru, dedicated to setting international standards for Snooker and Heyball (Chinese 8-Ball) across the country. Led by globally renowned coaches Chris Henry and Pranit Ramchandani, the academy bridges the gap between domestic talent and global professional standards through structured coaching, elite player development, and competition.
Heyball India offers comprehensive international coach certification courses alongside specialized technical, tactical, and mindset training programs for professional, amateur, and junior players. By introducing world-class training methodologies, the organization is committed to nurturing the next generation of cue sports champions in India.
Wednesday, May 27, 2026
Multi-Cap Funds Attract Investor Interest Amid Volatile Market Conditions
* Multi-cap category contributed nearly 10% of total equity mutual fund inflows in April 2026
* Groww Multicap Fund emerged as the top-performing fund in the category with 16.6% one-year returns
Multi-cap mutual funds are witnessing renewed investor interest as volatile market conditions push investors towards diversified equity strategies.
According to data from Association of Mutual Funds in India, multi-cap funds recorded net inflows of ₹3,806 crore in April 2026, contributing nearly 10% of total inflows into equity mutual funds during the month. The category currently manages assets worth over ₹2.28 lakh crore.
The trend comes at a time when Indian equity markets are navigating heightened uncertainty driven by rising crude oil prices, persistent FPI outflows, currency pressure, and geopolitical tensions. While benchmark indices such as the Nifty 50 and Sensex have remained under pressure, broader markets have continued to outperform, with the Nifty Midcap 100 touching fresh highs.
Current market environment are witnessing rapid rotation between large-cap defensives and broader market growth themes, making diversified investment strategies increasingly relevant. Unlike category-specific funds that remain concentrated in one segment of the market, multi-cap funds are mandated to allocate across large-cap, mid-cap, and small-cap stocks, allowing fund managers to dynamically capture opportunities across market capitalisations.
The category offers three key advantages in the current environment: diversification across sectors and market caps, participation in high-growth mid- and small-cap opportunities, and relative stability through large-cap exposure.
Performance across the category has also remained competitive despite market volatility. According to data from Value Research as on May 27, 2026, several multi-cap funds delivered healthy one-year returns.
Groww Mutual Fund’s Groww Multicap Fund emerged as the top-performing fund in the category on a one-year basis with returns of 16.6%. Other notable performers included Bank of India Multi Cap Fund, Tata Multicap Fund, Mahindra Manulife Multi Cap Fund, and ITI Multi Cap Fund.
Market participants say the strong performance highlights how agile allocation across market segments is becoming increasingly important in the current environment, especially as leadership across sectors and market caps continues to shift rapidly.
Despite accounting for only around 6.4% of total equity mutual fund assets, multi-cap funds contributed nearly 10% of equity inflows in April 2026, highlighting rising investor preference for flexible allocation strategies amid uncertain market conditions.
* Groww Multicap Fund emerged as the top-performing fund in the category with 16.6% one-year returns
Multi-cap mutual funds are witnessing renewed investor interest as volatile market conditions push investors towards diversified equity strategies.
According to data from Association of Mutual Funds in India, multi-cap funds recorded net inflows of ₹3,806 crore in April 2026, contributing nearly 10% of total inflows into equity mutual funds during the month. The category currently manages assets worth over ₹2.28 lakh crore.
The trend comes at a time when Indian equity markets are navigating heightened uncertainty driven by rising crude oil prices, persistent FPI outflows, currency pressure, and geopolitical tensions. While benchmark indices such as the Nifty 50 and Sensex have remained under pressure, broader markets have continued to outperform, with the Nifty Midcap 100 touching fresh highs.
Current market environment are witnessing rapid rotation between large-cap defensives and broader market growth themes, making diversified investment strategies increasingly relevant. Unlike category-specific funds that remain concentrated in one segment of the market, multi-cap funds are mandated to allocate across large-cap, mid-cap, and small-cap stocks, allowing fund managers to dynamically capture opportunities across market capitalisations.
The category offers three key advantages in the current environment: diversification across sectors and market caps, participation in high-growth mid- and small-cap opportunities, and relative stability through large-cap exposure.
Performance across the category has also remained competitive despite market volatility. According to data from Value Research as on May 27, 2026, several multi-cap funds delivered healthy one-year returns.
Groww Mutual Fund’s Groww Multicap Fund emerged as the top-performing fund in the category on a one-year basis with returns of 16.6%. Other notable performers included Bank of India Multi Cap Fund, Tata Multicap Fund, Mahindra Manulife Multi Cap Fund, and ITI Multi Cap Fund.
Market participants say the strong performance highlights how agile allocation across market segments is becoming increasingly important in the current environment, especially as leadership across sectors and market caps continues to shift rapidly.
Despite accounting for only around 6.4% of total equity mutual fund assets, multi-cap funds contributed nearly 10% of equity inflows in April 2026, highlighting rising investor preference for flexible allocation strategies amid uncertain market conditions.
Purpose, AI Adoption And Economic Uncertainty Redefine India’s Finance Profession: 81% Aspire To Social-Impact Careers
ACCA (the Association of Chartered Certified Accountants) today released its India Talent Trends 2026 report, revealing a finance workforce in India that is increasingly purpose-driven, digitally confident, and resilient amid economic uncertainty, rapid AI adoption, and shifting workplace expectations.
Based on insights from over 1,000 respondents in India, as part of ACCA’s global survey of more than 11,000 finance and accountancy professionals across 175 countries, the report highlights how India’s finance talent is being reshaped at the intersection of purpose, technology, and economic pressure.
The findings show three defining forces shaping the profession: a rising focus on purpose and sustainability, accelerating adoption of artificial intelligence, and ongoing economic uncertainty. These shifts are reflected in workplace attitudes, with 51% of professionals saying their current role already contributes to social impact, while 81% aspire to future roles that create social change and 77% prioritise environmental impact-driven careers. AI adoption is also accelerating, with 57% already using AI tools in their roles, while 86% report confidence in learning and applying AI-related skills highlighting strong adaptability across the workforce.
The report also highlights a clear shift towards values-led careers, with finance professionals increasingly aligning personal purpose with organisational goals. More than half already see their current roles contributing to social impact outcomes, signalling a broader transition towards meaningful, impact-oriented work.
Md. Sajid Khan, Director – India at ACCA, said: “Finance professionals in India are increasingly seeking careers that go beyond traditional roles to deliver meaningful social and environmental impact. The findings reflect a workforce that values purpose-led organisations, meaningful work, and long-term value creation as core priorities. What stands out is their optimism and adaptability in the face of rapid technological change, 86% are confident in their ability to learn and apply AI skills. India’s finance professionals continue to demonstrate ambition, digital capability, and future readiness, and are well positioned to shape the future of global business as organisations balance technology, sustainability, and people priorities.”
The report further shows that accountancy is increasingly viewed as a launchpad for broader career pathways, with growing interest in entrepreneurship, sustainability-focused roles, and cross-functional leadership. Workplace expectations are also evolving, with flexibility, purpose, wellbeing, and continuous learning emerging as key differentiators for employers. Notably, 68% of professionals aspire to become entrepreneurs, and 56% are open to roles beyond traditional accountancy.
Despite strong optimism, economic pressures remain a key concern. Inflation is cited as the top worry by 40% of respondents, while 81% plan to seek a pay rise and 68% expect increases above 10%. While job mobility is slowing, with 47% planning to change jobs in the next year (down from 55% in 2025), over 90% continue to prioritise at least one stable role. Hybrid work remains firmly entrenched, with 79% preferring hybrid models and 74% supporting structured office attendance.
However, challenges persist in workplace experience, with 44% reporting difficulties in cross-generational collaboration, 53% citing negative impacts on mental health, and 67% calling for stronger organisational support systems.
The India Talent Trends 2026 report reflects ACCA’s ongoing commitment to understanding the evolving finance workforce and supporting the development of future-ready, inclusive workplaces.
About ACCA
We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.
Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and today proudly support a diverse community of over 257,900 members and 530,100 future members in 180 countries.
Our forward-looking qualifications, continuous learning and insights are respected and valued by employers in every sector. They equip individuals with the business and finance expertise and ethical judgment to create, protect, and report the sustainable value delivered by organisations and economies.
Guided by our purpose and values, our ambition is to lead the accountancy profession for a changed world. Partnering with policymakers, standard setters, the donor community, educators and other accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for all.
Find out more at: www.accaglobal.com
Based on insights from over 1,000 respondents in India, as part of ACCA’s global survey of more than 11,000 finance and accountancy professionals across 175 countries, the report highlights how India’s finance talent is being reshaped at the intersection of purpose, technology, and economic pressure.
The findings show three defining forces shaping the profession: a rising focus on purpose and sustainability, accelerating adoption of artificial intelligence, and ongoing economic uncertainty. These shifts are reflected in workplace attitudes, with 51% of professionals saying their current role already contributes to social impact, while 81% aspire to future roles that create social change and 77% prioritise environmental impact-driven careers. AI adoption is also accelerating, with 57% already using AI tools in their roles, while 86% report confidence in learning and applying AI-related skills highlighting strong adaptability across the workforce.
The report also highlights a clear shift towards values-led careers, with finance professionals increasingly aligning personal purpose with organisational goals. More than half already see their current roles contributing to social impact outcomes, signalling a broader transition towards meaningful, impact-oriented work.
Md. Sajid Khan, Director – India at ACCA, said: “Finance professionals in India are increasingly seeking careers that go beyond traditional roles to deliver meaningful social and environmental impact. The findings reflect a workforce that values purpose-led organisations, meaningful work, and long-term value creation as core priorities. What stands out is their optimism and adaptability in the face of rapid technological change, 86% are confident in their ability to learn and apply AI skills. India’s finance professionals continue to demonstrate ambition, digital capability, and future readiness, and are well positioned to shape the future of global business as organisations balance technology, sustainability, and people priorities.”
The report further shows that accountancy is increasingly viewed as a launchpad for broader career pathways, with growing interest in entrepreneurship, sustainability-focused roles, and cross-functional leadership. Workplace expectations are also evolving, with flexibility, purpose, wellbeing, and continuous learning emerging as key differentiators for employers. Notably, 68% of professionals aspire to become entrepreneurs, and 56% are open to roles beyond traditional accountancy.
Despite strong optimism, economic pressures remain a key concern. Inflation is cited as the top worry by 40% of respondents, while 81% plan to seek a pay rise and 68% expect increases above 10%. While job mobility is slowing, with 47% planning to change jobs in the next year (down from 55% in 2025), over 90% continue to prioritise at least one stable role. Hybrid work remains firmly entrenched, with 79% preferring hybrid models and 74% supporting structured office attendance.
However, challenges persist in workplace experience, with 44% reporting difficulties in cross-generational collaboration, 53% citing negative impacts on mental health, and 67% calling for stronger organisational support systems.
The India Talent Trends 2026 report reflects ACCA’s ongoing commitment to understanding the evolving finance workforce and supporting the development of future-ready, inclusive workplaces.
About ACCA
We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.
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Panchamrutha Industries Launches Fortified Rice Range With 9 Essential Micronutrients In Karnataka
* Millers for Nutrition powered by TechnoServe and industry stakeholders come together to promote fortified staples and address hidden hunger
Panchamrutha Industries Pvt. Ltd., in collaboration with Millers for Nutrition powered by TechnoServe, today announced the launch of Panchamrutha Deluxe Fortified Rice enriched with 9 essential vitamins (A, B1, B2, B3, B6, and B12) and minerals (Folic Acid, Zinc, and Iron) during a special industry workshop titled “Unlocking Market Potential: Advancing Fortified Rice in Karnataka” held in Bengaluru.
The event brought together representatives from government bodies, nutrition experts, healthcare professionals, food fortification specialists, rice millers, and industry stakeholders to discuss the growing role of fortified staples in combating micronutrient deficiencies and improving nutrition outcomes in India.
With a growing presence across South India, Panchamrutha Industries has evolved from a traditional grain business into a nutrition-led FMCG company focused on fortified staples and health-oriented food products. Operating from its advanced processing facility in Dharwad with a production capacity of over 300 tonnes per day, the company combines modern fortification technology with its vision of making quality nutrition accessible to every household.
Shri Dinesh Gundurao – State Minister for Health and Family Welfare, Government of Karnataka, said, "Congratulations to Panchamrutha for introducing fortified rice into the market. It is most important that what we consume is nutritious, as our society has already seen a high impact of eating unhealthy food especially by young children. Therefore, this introduction of fortified staple food by Panchamrutha, will help us in terms of delivering good nutrition. This will also help poor section of the society as they get this nutrition in their staple food. And, based on the scientific analysis and how it is helping people, and how it is impacting their health, even our department can also think of promoting the use of fortified food."
Speaking at the event, Mr. Jambulingappa Hosmani, Managing Director, Panchamrutha Industries Pvt. Ltd, said, “According to the National Family Health Survey (NFHS-5), approximately 67% of children under 5, 59% of adolescent girls, and 57% of women of reproductive age are anemic. At Panchamrutha, we believe staple foods can play a transformative role in improving public health outcomes. Through the launch of Panchamrutha Deluxe Fortified Rice, we aim to make nutritious rice accessible to everyday households while contributing to the larger national mission of addressing hidden hunger and micronutrient deficiencies. Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”
Panchamrutha Industries officially entered the fortified rice segment in 2023 with a focus on making fortified staples accessible to consumers at no additional cost. The company’s fortified rice range is enriched with essential vitamins and minerals including Iron, Folic Acid, Vitamin B12, Zinc, and B-complex vitamins, while maintaining the same taste, aroma, and cooking characteristics as regular rice.
Dr. Usharani Dandamudi, Scientist F, Department of Food Safety and Analytical Quality Control Laboratory, CSIR-CFTRI, said, “Rice fortification is one of the most practical and scalable approaches to addressing micronutrient deficiencies in a country like India where rice is consumed daily across households. Greater awareness and adoption of fortified staples can play an important role in building a healthier future for communities.”
Commenting on the growing need for nutrition-focused interventions, Clinical Nutrician and Diet influencer, Pallavi Idooru, said, “Iron deficiency and anaemia continue to affect a large number of women in India, particularly adolescent girls, pregnant women, and young mothers. Fortified staples such as fortified rice can play a meaningful role in improving everyday nutritional intake and supporting better maternal and overall health outcomes when consumed regularly as part of a balanced diet.”
India continues to face a significant burden of hidden hunger, with iron deficiency and anaemia impacting millions of women and children across the country. Fortified rice is increasingly being recognized as an effective and scalable intervention to improve nutrition security by delivering essential vitamins and minerals through a staple consumed daily by millions of households.
Speaking on the importance of industry participation in food fortification, Mr. Abhishek Shukla, Country Program Manager – India, Millers for Nutrition, said, “Rice is consumed by millions of families every day, making it one of the most effective vehicles for delivering improved nutrition at scale. The launch of Panchamrutha Deluxe Fortified Rice represents an important step towards expanding consumer access to fortified staples and strengthening industry participation in India’s nutrition journey. Scaling fortified staples in the open market will play a critical role in advancing nutrition security and improving awareness around healthier food choices.”
The programme featured discussions on food fortification policies, regulatory frameworks, India’s battle against malnutrition and anaemia, micronutrient stability in fortified rice, and collaborative approaches to scaling nutrition impact across communities.
The workshop also highlighted the importance of collaboration between industry, policymakers, nutrition experts, and development organizations in accelerating awareness and adoption of fortified foods in the open market.
About Panchamrutha Industries
Panchamrutha Industries is a Karnataka-based food company engaged in the manufacturing and distribution of rice and staple food products. The company focuses on delivering high-quality and nutrition-oriented food solutions for Indian consumers through innovation and responsible food processing practices.
About Millers for Nutrition
Millers for Nutrition is supported by Strategic Fortification Partners: BASF, BioAnalyt, dsm-firmenich, Mühlenchemie, SternVitamin; Regional Strategic Fortification Partners: Hexagon Nutrition, Piramal, Sanku; and a growing group of local technical partners that share a common vision of improving food processing practices and fortification excellence to benefit society and enhance business sustainability. Millers for Nutrition is powered by TechnoServe with funding support from the Gates Foundation. Millers, food fortification stakeholders, and others interested in joining the coalition can learn more at millersfornutrition.com.
Photo Caption: From left, Mr Vittal Bhavani Enterprises, Shri Dinesh Gundurao – State Minister for Health and Family Welfare, Mr. Jambulingappa Hosmani – Managing Director, Panchamrutha Industries Pvt. Ltd. Mr Shankar Hosmani- Managing Director, Panchamrutha Industries Pvt Ltd, Mr. Abhishek Shukla – Country Program Manager, Millers for Nutrition India, Ms. Usharani Dandamudi, Senior Principal Scientist at CSIR-CFTRI, Pallavi Idooru And Clinical Nutrician and Diet influencer, Bengaluru,Smt. Rashmi Prabhakar.
Johnson Controls Heat Pumps Deliver 32% Reduction In Annual Heating Costs
* While Cutting Heating Emissions By 55%
Johnson Controls (NYSE: JCI), a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, today shared results showing how its commercial and industrial heat pump portfolio is helping customers reduce costs and emissions while delivering reliable performance in demanding and complex mission-critical operating environments. In 2025, global customers saved an estimated 32% in annual heating costs while cutting greenhouse gas emissions by an estimated 55% (1.6 million metric tons), compared to a conventional gas boiler – equivalent to taking nearly 400,000 cars off the road for a year.
“Heat pumps aren’t a future promise, they are delivering double digit competitive advantage right now,” said Katie McGinty, Vice President and Chief Sustainability and External Relations Officer at Johnson Controls. “As customers scale deployment across their critical operations, they’re cutting costs, reducing emissions and boosting their operations by driving out waste and inefficiency. That’s what smart climate action looks like.”
Real world results across sectors
Johnson Controls heat pumps are being deployed across industries where reliability, performance and economics are critical, demonstrating results at commercial, industrial and district scale.
In healthcare and manufacturing, customers are using large-scale heat pumps to replace or supplement heating fuel needs, delivering significant savings while reducing emissions through waste heat recovery and electrification. At the New Aalborg Hospital in Denmark, a district cooling system uses a nearby body of water for free cooling and combines advanced Sabroe ChillPAC chillers and Sabroe HeatPAC heat pumps for peak demand, the hospital cut electricity costs by 80% while cutting emissions by 80-90%.
Municipal and district energy projects are also leveraging high-capacity heat pumps. In Vancouver, two ultra-efficient YORK CYK centrifugal heat pumps recover thermal energy from wastewater and convert it into clean, low-carbon heating for 47 buildings totaling 7 million square feet of residential, academic and public space. The upgrade triples previous capacity and delivers hot water at efficiencies exceeding 300%, meaning the system generates three times more working energy than it consumes. It now provides sustainable heating for 10,000 residents and area businesses.
Rethinking cold-weather performance: it’s about the heat source
A common misconception is that heat pumps cannot operate efficiently in cold climates. In many commercial, industrial and district energy applications, performance depends not only on outdoor air temperature, but also the temperature of the heat source feeding the system. Johnson Controls heat pump solutions are designed to operate across a wide range of conditions, including cold-weather environments.
While air-source systems draw heat from outdoor air, many large-scale applications instead source heat from stable, higher-temperature processes like data center operations or process steps in critical industries like pharmaceutical or food & beverage manufacturing. Recapturing heat that would otherwise be wasted can dramatically improve efficiency, even in winter. In one application, the heat source temperature was closer to 80°F as compared to outdoor air of 40°F, reducing power demand by up to 50%, significantly lowering compressor work while improving overall system efficiency.
Scaling heat pump solutions for the next phase of customer demand
As demand for efficient, resilient and lower-carbon heating grows, heat pumps are becoming the standard for larger deployments across campuses, districts and critical facilities. That shift requires systems that can work with existing infrastructure, adapt to different operating needs and deliver dependable heating and cooling over time. Johnson Controls’ heat pump portfolio has one of the industry’s widest operating ranges, with solutions that operate reliably in conditions as low as -13°F (-25°C) or able to produce hot water over ~248°F (~125 °C) from waste heat, a capability that was once not achievable. These advancements allow heat pumps to work in many applications to help customers make that transition in practical, cost-effective ways. While using less energy, cutting emissions and getting more value from the systems they already operate.
That shift is already impacting how heat pump systems are being developed and applied. The company was recognized in New York’s Empire Technology Prize, a competition to advance building technologies for low carbon heating system retrofits in tall commercial and multifamily buildings in New York State. The team developed an innovative heat pump solution that delivers cooling and heating with a heat pump that runs on ultra-low global warming potential (GWP) refrigerant, in combination with zero-GWP mechanical vapor recompression technology. The innovative solution saves a significant amount of energy and water, compared to a conventional system that includes a standalone chiller and boiler.
“Customers can’t wait for perfect conditions, they need robust solutions that work in the real world,” McGinty added. “Heat pumps are delivering real savings, real emissions reductions and real resilience as deployment scales. That’s progress you can count on.”
To learn more about Johnson Controls heat pumps visit johnsoncontrols.com.
About Johnson Controls:
Johnson Controls, a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education.
For more than 140 years, Johnson Controls has delivered performance where it really matters. Backed by advanced technology, lifecycle services and an industry-leading field organization, we elevate customer performance, turn goals into real-world results and help move society forward.
Visit johnsoncontrols.com for more information and follow @Johnsoncontrols on social platforms.
Johnson Controls (NYSE: JCI), a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, today shared results showing how its commercial and industrial heat pump portfolio is helping customers reduce costs and emissions while delivering reliable performance in demanding and complex mission-critical operating environments. In 2025, global customers saved an estimated 32% in annual heating costs while cutting greenhouse gas emissions by an estimated 55% (1.6 million metric tons), compared to a conventional gas boiler – equivalent to taking nearly 400,000 cars off the road for a year.
“Heat pumps aren’t a future promise, they are delivering double digit competitive advantage right now,” said Katie McGinty, Vice President and Chief Sustainability and External Relations Officer at Johnson Controls. “As customers scale deployment across their critical operations, they’re cutting costs, reducing emissions and boosting their operations by driving out waste and inefficiency. That’s what smart climate action looks like.”
Real world results across sectors
Johnson Controls heat pumps are being deployed across industries where reliability, performance and economics are critical, demonstrating results at commercial, industrial and district scale.
In healthcare and manufacturing, customers are using large-scale heat pumps to replace or supplement heating fuel needs, delivering significant savings while reducing emissions through waste heat recovery and electrification. At the New Aalborg Hospital in Denmark, a district cooling system uses a nearby body of water for free cooling and combines advanced Sabroe ChillPAC chillers and Sabroe HeatPAC heat pumps for peak demand, the hospital cut electricity costs by 80% while cutting emissions by 80-90%.
Municipal and district energy projects are also leveraging high-capacity heat pumps. In Vancouver, two ultra-efficient YORK CYK centrifugal heat pumps recover thermal energy from wastewater and convert it into clean, low-carbon heating for 47 buildings totaling 7 million square feet of residential, academic and public space. The upgrade triples previous capacity and delivers hot water at efficiencies exceeding 300%, meaning the system generates three times more working energy than it consumes. It now provides sustainable heating for 10,000 residents and area businesses.
Rethinking cold-weather performance: it’s about the heat source
A common misconception is that heat pumps cannot operate efficiently in cold climates. In many commercial, industrial and district energy applications, performance depends not only on outdoor air temperature, but also the temperature of the heat source feeding the system. Johnson Controls heat pump solutions are designed to operate across a wide range of conditions, including cold-weather environments.
While air-source systems draw heat from outdoor air, many large-scale applications instead source heat from stable, higher-temperature processes like data center operations or process steps in critical industries like pharmaceutical or food & beverage manufacturing. Recapturing heat that would otherwise be wasted can dramatically improve efficiency, even in winter. In one application, the heat source temperature was closer to 80°F as compared to outdoor air of 40°F, reducing power demand by up to 50%, significantly lowering compressor work while improving overall system efficiency.
Scaling heat pump solutions for the next phase of customer demand
As demand for efficient, resilient and lower-carbon heating grows, heat pumps are becoming the standard for larger deployments across campuses, districts and critical facilities. That shift requires systems that can work with existing infrastructure, adapt to different operating needs and deliver dependable heating and cooling over time. Johnson Controls’ heat pump portfolio has one of the industry’s widest operating ranges, with solutions that operate reliably in conditions as low as -13°F (-25°C) or able to produce hot water over ~248°F (~125 °C) from waste heat, a capability that was once not achievable. These advancements allow heat pumps to work in many applications to help customers make that transition in practical, cost-effective ways. While using less energy, cutting emissions and getting more value from the systems they already operate.
That shift is already impacting how heat pump systems are being developed and applied. The company was recognized in New York’s Empire Technology Prize, a competition to advance building technologies for low carbon heating system retrofits in tall commercial and multifamily buildings in New York State. The team developed an innovative heat pump solution that delivers cooling and heating with a heat pump that runs on ultra-low global warming potential (GWP) refrigerant, in combination with zero-GWP mechanical vapor recompression technology. The innovative solution saves a significant amount of energy and water, compared to a conventional system that includes a standalone chiller and boiler.
“Customers can’t wait for perfect conditions, they need robust solutions that work in the real world,” McGinty added. “Heat pumps are delivering real savings, real emissions reductions and real resilience as deployment scales. That’s progress you can count on.”
To learn more about Johnson Controls heat pumps visit johnsoncontrols.com.
About Johnson Controls:
Johnson Controls, a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education.
For more than 140 years, Johnson Controls has delivered performance where it really matters. Backed by advanced technology, lifecycle services and an industry-leading field organization, we elevate customer performance, turn goals into real-world results and help move society forward.
Visit johnsoncontrols.com for more information and follow @Johnsoncontrols on social platforms.
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