Current Affairs - Business

OnMeta signed a Memorandum of Understanding (MoU) with QazPost, Kazakhstan’s national postal operator, on October 13, 2026, in Astana, the capital of Kazakhstan. The partnership aims to integrate OnMeta’s digital payment infrastructure with QazPost’s nationwide physical distribution network. The collaboration will focus on developing digital financial solutions for consumers and businesses, including services related to payments, investing, and digital assets. The partnership was led by Thillainayagam Bharath, Founder and CEO of OnMeta. OnMeta specialises in payment infrastructure, particularly on-ramp and off-ramp solutions that connect traditional financial systems with the digital asset ecosystem.

Blue Dart Express Limited signed a strategic partnership agreement with the Department of Posts on October 9, 2026, in New Delhi to strengthen nationwide parcel delivery services. Under this partnership, Blue Dart will utilise India Post’s extensive network of 1.64 lakh post offices to expand its logistics reach across urban, semi-urban and rural regions, including remote and underserved areas. The services will include prepaid and Cash on Delivery (COD) parcels, OTP-based delivery authentication and real-time shipment tracking. The initiative operates under the Ministry of Communications and aims to improve last-mile delivery, strengthen logistics infrastructure and support the continued growth of India’s e-commerce sector.

Adani Group announced a commitment to invest ₹6 trillion in Maharashtra to support the state’s objective of becoming a $1 trillion economy by 2030. The proposed investment will cover strategic sectors including energy, coal gasification, aviation, data centres, urban regeneration and infrastructure. Major plans include the development of Navi Mumbai International Airport, an integrated business and hospitality district near Mumbai airport, and the Dharavi Redevelopment Project. The group also plans pumped-storage hydro projects and a 1,000 MW HVDC transmission link supplying power to Mumbai. Projects worth ₹2.6 trillion are already at various stages of construction in Maharashtra.

The Serum Institute of India was announced as the principal sponsor of the Earthshot Prize 2026 Summit in Mumbai on October 1, 2026. The summit marks the first time the global environmental event will be held in Mumbai, India. The Serum Institute of India joined as a principal sponsor to support environmental innovators, leaders, and investors working on solutions to major environmental challenges. The Earthshot Prize, launched in 2020, aims to identify and scale solutions to the world’s most pressing environmental problems by 2030. Five winners will receive €1 million each to accelerate their environmental initiatives. SII is headquartered in Pune and was founded in 1966 by Cyrus Poonawalla.

Air Ayodhya, a regional airline under Megamax Aviation, received the No Objection Certificate (NOC) from the Ministry of Civil Aviation on September 28, 2026, to operate under the UDAN scheme. The NOC represents the first regulatory step toward obtaining an Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA). The airline aims to improve regional connectivity in Uttar Pradesh by linking tier-2 and tier-3 towns, pilgrimage centres and tourism destinations. Its initial operations are planned with Cessna Grand Caravan EX aircraft, with the first aircraft scheduled for delivery in December 2026. Future plans include larger aircraft for high-demand routes.