YourStory presents a daily overview of the latest news from various sectors, ranging from autonomous logistics robots by Ottonomy to Rajesh Subramaniam's twenty-two years of experience in creating powerful routing software for embedUR.
Rajesh Subramaniam, speaking about his experience, initially expressed a desire to improve the lighting during the recording so that he would be clearly visible. When informed that the story would be written rather than filmed, he relaxed and spoke for hours about Wi-Fi.
Smita Choudhary, who grew up in Lanka, a small village near Shamli in Uttar Pradesh, observed differences in the upbringing of boys and girls. Girls were expected to finish school early and take on household duties, while boys were encouraged to attend college and build a career.
Ritukar Vijay believes that the most challenging part of logistics is the middle of the process. Although robotic solutions are gradually being introduced into the industry over the last decade, moving samples, food, parts, and parcels between buildings, through elevators, and across campuses has remained largely unautomated.
Prime Industries secured ₹11.86 crore from Dr. Uday Narang, founder of Omega Seiki Mobility, to support its activities in the defense, nuclear, and precision industries. Part of the capital received is planned to be directed towards establishing a research and incubation center for its Special Product Division.
Prime Industries' interests include enterprises such as Kay Bouvet Engineering and Linga Agri, which operate in the fields of defense, nuclear energy, and advanced manufacturing. Dr. Narang is also associated with OBSC Perfection, a precision manufacturing company with capabilities in CNC machining, investment casting, forging, and stamping for industrial needs, including aerospace and defense.
LTM appointed film director Shekhar Kapur as a Strategic Advisor for its business unit, BlueVerse Craft. BlueVerse Craft helps businesses develop creative capabilities based on artificial intelligence by combining strategy, creativity, technology, and production. Kapur will advise the unit's management on the vision of AI-enhanced creativity, including how new technologies can expand creative horizons and content production.
The engagement of Kapur comes amid growing corporate demand for content across various formats, channels, and markets, as AI is increasingly used to accelerate, adapt, and personalize content creation. Kapur is a BAFTA award winner and Academy nominee, with experience in world cinema and storytelling.
Edelweiss Financial Services launched a public offering of secured, repayable unsecured bonds worth up to ₹300 crore, including a 'green shoe' option of ₹150 crore. The offering includes 10 series with maturities of 24, 36, 60, and 120 months, offering annual, monthly, and cumulative interest options. Effective annual yields range from 8.64% to 10%. The offering opens on September 21 and closes on October 5, 2026. At least 75% of the funds will be used for repayment or early repayment of existing borrowings, with the remainder allocated to general corporate purposes. The NCD bonds have a Crisil A+/Stable rating and will be listed on the BSE.
RNFI Services reported that the Reserve Bank of India (RBI) granted perpetual validity to the AD Category-II foreign exchange license held by its subsidiary, RNFI Money. This approval also permits currency transfers, Nostro accounts, and the appointment of Forex correspondents. RNFI intends to leverage its network of over 2.8 lakh active agents to expand regulated services for foreign exchange, money transfers, and trade payments, including services for small exporters, importers, and SMEs outside major cities. Transactions will be processed centrally and subject to KYC, monitoring, and regulatory oversight. This development follows prior RBI approval for RNFI Money to operate as a Payment Aggregator – Individual.
Payinstacard partnered with CAMS Group to enhance data privacy and compliance with India's Personal Data Protection Act. The fintech company will utilize ConsenPro, an AI-based compliance platform from CAMS Think360.ai, to manage consent and data privacy. The goal of this collaboration is to bring greater structure to Payinstacard's collection, processing, and protection of personal data while optimizing compliance processes and increasing transparency in data handling practices. It merges Payinstacard's fintech operations with CAMS Group's financial expertise, data, and technology, as financial institutions face increasing demands to strengthen client information governance.
