Bhadragiri Mart, a pioneering enterprise led by tribal women, has won a prestigious state-level award. This recognition highlights the empowerment of women in entrepreneurship and showcases the impact of local businesses. The award not only celebrates their hard work but also emphasizes the importance of supporting tribal communities in sustainable development.
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The Supreme Court will hear a petition challenging the Centre's MDR on UPI transactions exceeding βΉ2,000, effective October 15. This case could impact digital payment fees and consumer rights in India. Stakeholders are closely monitoring the outcome as it may set a precedent for future payment regulations.
Alvarez & Marsal targets 10X growth in India by 2029, shifting focus from restructuring to corporate advisory. This strategic move responds to rising demand in private equity services, showcasing the firm's adaptability in a dynamic market. MD Luis de Lucio emphasizes the importance of innovation and client-centric solutions in achieving this ambitious goal.
Deeptech startups are looking for improved access to government contracts. Upcoming reforms in procurement rules aim to enhance startup engagement, providing better scaling opportunities. A white paper detailing these changes is set to be released this year, promising to reshape the procurement landscape for innovative companies.
Embraer partners with Mahindra for India's Multi-Role Transport Aircraft program, focusing on the KC-390 Millennium jet. This collaboration aims to enhance the Indian Air Force's capabilities while Embraer also teams up with Adani to address the rising demand for commercial aviation connectivity in India. These strategic alliances highlight Embraer's commitment to supporting India's defense and civilian aviation sectors.