Technology

EPFO Leverages Enhanced Digital Services for UAN Generation and Activation Using Aadhaar Face Authentication via UMANG App

EPFO Leverages Enhanced Digital Services for UAN Generation and Activation Using Aadhaar Face Authentication via UMANG App

#EPFOUANviaUMANG New Delhi: The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment has launched a revolutionary step towards digital empowerment by introducing Universal Account Number (UAN) generation and activation using Aadhaar Face Authentication Technology (FAT) through the UMANG Mobile App. This contactless and secure service marks a major leap in providing hassle-free and fully digital experiences to crores of EPFO members. Simplifying the UAN Process for Employees Until now, UANs were largely generated by employers using employee data submitted to EPFO. While Aadhaar details were validated, inaccuracies in fields such as father’s name, mobile number, or…
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Mahindra Aerostructures selected by Airbus for manufacturing H130 Helicopter Fuselage

Mahindra Aerostructures selected by Airbus for manufacturing H130 Helicopter Fuselage

#MahindraAerostructuresAirbusH130 A 'Make in India' Milestone Assemblies to be delivered to Airbus Helicopters' facility in Europe starting March 2027 Chandigarh: Mahindra Aerostructures Pvt. Ltd. (MASPL), a part of the Mahindra Group, has been awarded a prestigious contract by Airbus Helicopters to manufacture and assemble the main fuselage of its H130 light single-engine helicopter — marking a major milestone for India's ‘Make in India’ vision and further cementing Mahindra’s position as a trusted partner in the global aerospace supply chain. The contract was signed in the presence of Shri. Kinjarapu Rammohan Naidu, Honourable Minister of Civil Aviation, Government of India, Shri.…
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Tata Steel Nederland announces major transformation programme to  enhance competitiveness for a sustainable future

Tata Steel Nederland announces major transformation programme to  enhance competitiveness for a sustainable future

#Tata SteelNederland Chandigarh: Tata Steel Nederland has today filed a Request for Advice to the Central Works Council to commence consultation on certain aspects of this transformation programme.  1.    Tata Steel’s steel making operations at IJmuiden in the Netherlands constitute one of the most strategically located steel plants in Europe with its own deep-sea port and proximity to key customers. The access to offshore wind energy, transmission and pipeline infrastructure will enable the transition to competitive green steel making for which intense engagement is ongoing with all stakeholders including the Dutch Government.  2.    In FY2025, the Netherlands operations have recovered…
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Mahindra Delivers 3000 All-Electric Origin SUVs Across India

Mahindra Delivers 3000 All-Electric Origin SUVs Across India

#Mahindra3000SUV Chandigarh: Mahindra today announced a major milestone in its electric mobility journey, with over 3000 customer deliveries of its all-electric Origin SUVs—the XEV 9e and BE 6—completed since the commencement of deliveries on March 20, 2025. The response to Mahindra’s new electric SUV portfolio has been overwhelming. Both the XEV 9e and BE 6 continue to witness strong booking momentum, with majority of the customers opting for the fully loaded Pack Three variant. Current booking trends indicate 59% demand for the XEV 9e and 41% for the BE 6. The waiting period currently extends up to six months in…
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Mumbai ends Delhi’s run as most forgetful city, wedding saree, gold biscuit left behind in Ubers

Mumbai ends Delhi’s run as most forgetful city, wedding saree, gold biscuit left behind in Ubers

Wedding saree, gold biscuit among unique items left behind in Ubers in 2024 ●      Pune 3rd most forgetful city, Hyderabad least forgetful among metropolitan cities Chandigarh: Uber today released the 9th edition of its Lost and Found Index, a snapshot of the most frequently forgotten items, the most forgetful cities, as well as the days of the week and times of the year when Uber riders tend to be most forgetful. Mumbai edged out Delhi to bag the title of the most forgetful city in the country, ending the National Capital’s two-year run at the top. Pune jumped up two…
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Bank of India is celebrating the 10th anniversary of the launch of PMMY

Bank of India is celebrating the 10th anniversary of the launch of PMMY

#PMantriMudraYojana Chandigarh: The Pradhan Mantri Mudra Yojana (PMMY) has completed 10 years on April 08,2025. The scheme has been instrumental in transforming the MSME financing landscape in India. Over the past decade, PMMY has played a vital role in terms of access to credit for micro enterprises. The scheme’s tiered structure—Shishu, Kishore, and Tarun— has enabled the Bank to disburse affordable, collateral-free loans to entrepreneurs. PMMY has significantly expanded our bank’s outreach to the micro-enterprise segment. During the first five years of the scheme, we disbursed credit facilities aggregating to Rs. 18,923 crores to 11,59,636 borrowers under the scheme. Cumulative…
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Mahindra Last Mile Mobility is India’s No.1 electric commercial vehicle manufacturer in FY25

Mahindra Last Mile Mobility is India’s No.1 electric commercial vehicle manufacturer in FY25

Chandigarh: Mahindra Last Mile Mobility Limited (MLMML), India's leading commercial electric vehicle (EV) manufacturer, has reaffirmed its market dominance in FY25 – the fourth time in a row. With its flagship brands Treo and Zor Grand, MLMML has driven electrification in the L5 category, contributing to a significant 24.2% EV penetration in the segment. This marks a substantial increase from 16.9% EV penetration in FY24. MLMML's market share in the L5 category stands at an impressive 37.3%, despite stiff competition from legacy players and new entrants. The company has achieved notable milestones, including: - Becoming the first to sell over…
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India is emerging as an oasis in a turbulent world: NSE MD & CEO Ashishkumar Chauhan

India is emerging as an oasis in a turbulent world: NSE MD & CEO Ashishkumar Chauhan

#NSEMDMUMBAINXT25 Chandigarh: Shri Ashishkumar Chauhan, MD & CEO of the National Stock Exchange of India (NSE), offered sharp insights into the Indian market's performance amidst global headwinds, investor sentiment, and future prospects. He shared views at the India Global Forum, Mumbai NXT25 Despite a $1.5 trillion dip from the peak, Chauhan emphasized the long-term growth trajectory of Indian capital markets. “In 2014, India’s market cap stood below $1 trillion. Today, it is nearing $5 trillion—demonstrating significant wealth creation,” he noted. Addressing concerns over foreign investor exits, Chauhan attributed the trend to global interest rate movements and a broader 'risk-off' sentiment…
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MSDE Partners with World Economic Forum (WEF) to Launch India Skills Accelerator

MSDE Partners with World Economic Forum (WEF) to Launch India Skills Accelerator

#MSDEWEFIndiaSkills Chandigarh: In a significant move towards accelerating India’s skilling goal, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the World Economic Forum (WEF)’s, deliberated on the “India Skills Accelerator” initiative during a high-level roundtable at Kaushal Bhawan, New Delhi. The India Skills Accelerator will function as a national public-private collaboration platform designed to enable cross-sectoral efforts in unlocking innovative ideas and driving systemic progress on complex challenges that demand a multi-stakeholder approach. At its core, the Accelerator aims to catalyze change across three critical levels: i) by improving awareness and shifting mindsets around future skills needs,…
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Poonawalla Fincorp Launches Shopkeeper Loan Business

Poonawalla Fincorp Launches Shopkeeper Loan Business

Enabling small retailers and kirana stores with accessible funding to meet evolving business needs Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, focused on Consumer & MSME Lending, has today announced the launch of its Shopkeeper Loan Business. The solution addresses key financial challenges faced by small retailers and kirana stores, including cash flow, inventory, and customer management, while enhancing their operational efficiencies. Building on its vision to become the preferred financier for the self-employed segment, PFL aims to enhance the competitiveness of small retail businesses through its customized financial solutions. Commenting on the launch, Mr. Arvind…
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