
New Expressway to Cut Pune-Bengaluru Travel Time by Half

Ujjivan SFB Plans Rs 20 Bn QIP Amid Universal Bank Licence Awaiting
Ujjivan Small Finance Bank (Ujjivan SFB) plans to raise Rs 20 billion through a qualified institutional placement (QIP) over the next 18–24 months, according to its Managing Director and CEO, Sanjeev Nautiyal.The lender has set a long-term target of achieving a gross loan book of Rs 1 trillion by FY30, supported by an expansion of its branch network from 752 to 1,150. It also aims to increase the secured share of its loan portfolio to 65–70 per cent and raise the share of current account and savings account (CASA) deposits to 35 per cent.Nautiyal said the fundraising forms part of the bank..

Flipspaces Raises $50 Million in Series C to Drive Global Expansion
Interior design startup Flipspaces has secured $50 million (approximately Rs 4.39 billion) in an expanded Series C funding round, backed by new investors including UAE-headquartered CE-Invests, Singapore-based Panthera Growth Partners, and Japan’s SMBC Asia Rising Fund.The company said the capital will be used to scale operations in India, the US, and the UAE, strengthen supply chain integration, and enhance its proprietary technology stack with AI-led solutions. Strategic acquisitions in adjacent categories are also planned as part of its growth roadmap.The round also marked the successful ..

Delhi Airport to Reopen Runway RW 10/28 on September 16
Delhi International Airport (DIAL) is set to reopen runway RW 10/28 for operations from September 16, following the completion of upgradation works, according to a source.The runway had been shut since June 15 for a three-month upgrade after congestion-related delays in May. The project included upgrading the Instrument Landing System (ILS) to make RW 10/28 CAT III compliant, enabling safe operations even during low-visibility conditions such as dense fog.Indira Gandhi International Airport (IGIA), India’s busiest airport, manages around 1,450 daily flight movements. It operates four runways..