Kotak Mahindra Bank Group President and Head of Commercial Bank Manish Kothari has resigned after 31 years. He will leave on September 30, 2026, with Kotak initiating a planned transition and integrating his commercial banking portfolio into its retail and institutional business segments. Kothari has indicated that he may explore an entrepreneurial venture.
Commercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstripped early estimates, surprising industry executives. Several executives now expect sales to grow ten to fifteen percent this fiscal year. This upgrade follows strong sales growth, with August seeing a forty percent increase.
IndiGo issued a travel advisory for passengers flying to and from Delhi airport. Traffic management and diversions are expected across the city for the upcoming BRICS Summit. Passengers should plan ahead and allow additional travel time for their journeys. Delhi Police recommends using Metro services due to potential road restrictions and convoy movements. Other major airlines have not yet issued similar advisories for the event.
Kia India has opened pre-bookings for three new powertrain options, further expanding its line-up. The Carens and Carens Clavis are now available with factory-fitted CNG technology, while the Carnival Limousine gets a hybrid powertrain. The move underlines Kia’s focus on offering a wider range of mobility options to Indian customers. Prices for all three models will be announced soon.
Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in ten languages. Smart Wealth provides a consolidated view of customer finances and spending analytics. IND Cash Optima digitizes cash management for corporate clients. These innovations aim to enhance customer experience and accessibility for all.
PepsiCo envisions India becoming one of its top ten global markets and plans to invest around Rs 5,700 crore by 2030. This ambitious growth strategy includes expanding manufacturing capabilities and bolstering regional operations. Recently, the company launched its fifth plant in Nalbari, Assam, with an investment of Rs 778 crore, underscoring its belief in India’s significant business growth potential.
The Where Is My Train app makes train journeys easier by offering real-time train tracking and a range of useful travel tools. It can work without an internet or GPS connection by using mobile tower data to estimate a train’s location. Users can access train schedules and PNR information, while features such as destination alarms and coach position details make it a useful travel companion for rail passengers across India.
