Ashok Leyland, one of India’s leading commercial vehicle manufacturers, has unveiled plans to invest up to Rs. 500 crore in a new battery pack manufacturing facility near Chennai. The greenfield project marks a significant step in strengthening the company’s electric vehicle (EV) ecosystem and reflects the broader transformation underway within India’s automotive sector. The facility, located in Pillaipakkam, is expected to play a strategic role in supporting Ashok Leyland’s growing EV portfolio while enhancing domestic manufacturing capabilities.

India’s financial crime investigators have launched a sweeping probe into an alleged Rs. 590 crore embezzlement involving funds linked to the Haryana government. Enforcement authorities conducted coordinated searches across multiple locations in Haryana and Chandigarh as part of an expanding money-laundering investigation. The case centers on government funds that were reportedly meant to be deposited as fixed deposits with a private sector bank but were allegedly diverted through a network of intermediaries and business entities.

The Maharashtra government has initiated plans to introduce a comprehensive policy aimed at strengthening the delivery of digital public services across the state. The proposed framework will focus on improving access to government services through Maha e-Seva and Aadhaar service centers, which act as key digital access points for citizens. With demand for online services and Aadhaar-linked transactions rising rapidly, authorities are working to standardize operational procedures and ensure timely service delivery.

Growing concerns over the availability of liquefied petroleum gas (LPG) in Kerala have prompted a senior lawmaker to call for urgent government intervention. The appeal follows reports of potential supply disruptions linked to geopolitical tensions in West Asia, a region that plays a critical role in global petroleum exports. Kerala’s heavy dependence on LPG for domestic cooking and commercial operations makes the state particularly vulnerable to supply interruptions.

The initial public offering of Innovision Ltd, a company specializing in manpower services and toll plaza management operations, has witnessed a measured response from investors during the early phase of bidding. By the second day of subscription, the Rs 322.84 crore public issue was subscribed 12 percent overall, according to stock exchange data. Institutional investors have shown comparatively stronger interest, while participation from retail investors remains limited so far. The IPO combines a fresh capital raise with an offer-for-sale by existing shareholders.

KEC International, a flagship infrastructure engineering company of the RPG Group, has announced new project wins worth Rs 1,476 crore across several global markets. The contracts span power transmission and distribution projects in India, the Middle East, Africa and the Americas. The portfolio includes high-voltage transmission lines, substations and extra-high-voltage cabling infrastructure. The largest project is a composite order in Saudi Arabia, highlighting continued investment in regional energy infrastructure despite ongoing geopolitical uncertainties.

India’s central government has taken decisive action against digital copyright infringement by directing the messaging platform Telegram to disable more than 3,100 channels accused of illegally distributing copyrighted material. Authorities found that these channels were sharing films, series and other licensed content without permission from rightful owners, including producers and streaming platforms. The directive requires the platform to remove the identified channels and their content within three hours while preserving evidence for potential legal proceedings.

The Central Information Commission (CIC) has reported a notable increase in public audit orders, signaling a strengthened commitment to transparency and accountability in financial governance. These audits, spanning government departments, public institutions, and state-funded projects, ensure adherence to regulatory standards, optimal utilization of resources, and credible reporting. Analysts note that the surge reflects enhanced oversight mechanisms, improved data accessibility, and growing public demand for accountability.

The India Infrastructure Finance Company Ltd. (IIFCL) is projected to expand its loan book to Rs. 1 lakh crore by FY27, reflecting a strategic response to India’s growing infrastructure needs. As the government accelerates investments in highways, urban transit, renewable energy, and smart city projects, IIFCL is poised to play a pivotal role in providing long-tenor, structured financing that bridges the funding gap for large-scale initiatives.

Raymond Realty has unveiled a flagship residential project in Mumbai, valued at approximately Rs. 3,000 crore, signaling its strategic pivot toward real estate amid robust urban housing demand. The development, positioned as a premium residential offering, aims to cater to aspirational homebuyers seeking modern amenities, sustainable design, and seamless connectivity across the Mumbai Metropolitan Region.