New portal for pensioners launched

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Mumbai (Maharashtra) [India], March 12: The IVCA Alternate Capital Excellence Awards 2026 were presented at the 15th edition of the IVCA Conclave, organised by India's apex body for the alternate capital sector, the Indian Venture and Alternate Capital Association (IVCA). Held on Day 2 of the Conclave, the Awards honoured the institutions and individuals exemplifying excellence in performance, governance, and creating enduring value across the alternate asset ecosystem, spanning private equity, venture capital, private credit, venture debt, real estate, infrastructure, and impact investing.

Dubai [UAE]/ New Delhi [India], March 12: AKCEL Holding, a Dubai-based diversified conglomerate, and XRange Golf Entertainment will invest $100 million to launch next-generation golf entertainment venues in India as part of the AED 1 billion global expansion of the XRange platform. The move marks the group's first major entry into India's fast-growing sports and experiential leisure market, positioning the country as an important market in its international rollout.

New Delhi [India], March 11: Rodic Consultants, a leading engineering and digital infrastructure consulting company, has received the prestigious Great Place to Work® Certification 2026 by the Great Place to Work® Institute. The certification, based entirely on employee sentiment, experience, and feedback, reflects that 87% of Rodic employees confirmed it is a great place to work, significantly above the average for Indian workplaces.

Systematic Investment Plan (SIP) inflows continued to remain resilient despite consolidation in Indian stock markets, supporting the overall growth in the mutual fund industry, according to a report by Nuvama.