Maharashtra Approves ₹300 Crore Cyclotron Project in Nagpur to Strengthen Cancer Care

The Maharashtra Cabinet has approved the establishment of the High-Energy Medical Cyclotron Project (HEMCP) in the Nagpur, this will be implemented with the estimated investment around ₹300 crore. This project aims to strengthen the cancer diagnosis and treatment infrastructure across the Central India by ensuring the local production of the critical radioisotopes used in to the nuclear medicine and PET-CT scans.

Alongside with this healthcare initiative, the state government has also approved the Maharashtra Rural Drinking Water Policy of 2026 and it provide the sustainable and reliable drinking water access to the rural households.

Maharashtra Clears High-Energy Medical Cyclotron Project

The High-Energy Medical Cyclotron Project will be established in the Nagpur and it is developed as a Radiopharmaceutical Innovation Hub.

The facility is expected to reduce the dependence on major healthcare centres such as the Mumbai and Hyderabad for radioisotope supplies.

Radioisotopes are essential components in to the advanced cancer diagnosis and treatment.

They are widely used in the PET-CT scans, nuclear medicine procedures and medical research. Timely availability of these materials is vital because many radioisotopes have the short half-life and it must be used quickly after production.

This project has been approved with a budget of around ₹300 crore, which will be funded equally by the Medical Education Department and the Industry Department. The Medical Education Department will immediately contribute around the ₹150 crore for implementation.

Why Nagpur Was Chosen

The strategic location of Nagpur in central India makes it an ideal location for the project. The facility will serve the patients within a radius of approximately 500 kilometres and covering the parts of Maharashtra, Madhya Pradesh, Chhattisgarh, Telangana and Andhra Pradesh.

The city already hosts the important healthcare institutions which includes the Government Medical College (GMC), the National Cancer Institute (NCI), and the All India Institute of Medical Sciences.

These institutions will benefit from the improved access to the radiopharmaceuticals and advanced diagnostic services.

A 30-hectare land parcel at the Bhansoli (Kinhi) in Hingna Taluka has been approved for the project.

What is a Cyclotron?

A cyclotron is a type of particle accelerator which is used to produce the radioactive isotopes for medical applications.

These isotopes are used in to the diagnostic imaging techniques such as Positron Emission Tomography (PET) scans and in targeted cancer therapies.

Cyclotrons plays the crucial role in modern nuclear medicine by enabling the production of the short-lived isotopes close to healthcare facilities which ensures the timely availability for patient treatment.

Project Implementation Framework

The project will be implemented via the state-owned company Mahacare using a Special Purpose Vehicle (SPV) which was established under the Companies Act, 2013.

Until the SPV is formally constituted, a steering committee chaired by the Shrikar Pardeshi, Principal Secretary to the Chief Minister will oversee the project’s execution and coordination.

The initiative is expected to promote the research, innovation and capacity-building in the radiopharmaceutical sciences while enhancing the healthcare infrastructure in the region.

Maharashtra Rural Drinking Water Policy 2026

The Maharashtra Cabinet has also approved the Maharashtra Rural Drinking Water Policy 2026 to ensure the sustainable and uninterrupted drinking water supply in rural areas.

This policy supports the objectives of the Jal Jeevan Mission 2.0 and it focuses on long-term operation and maintenance of rural water supply schemes.

Also a dedicated corpus fund will be established at the Gram Panchayat, Zilla Parishad and Maharashtra Jeevan Pradhikaran levels.

Technology will also plays the key role in implementation. The state plans to deploy SCADA systems for the multi-village water supply schemes, establish GIS-based dashboards and strengthen the digital monitoring of water assets.

Key Features of the Drinking Water Policy

This policy introduces the household water tariffs ranging from a minimum of ₹150 to a maximum of ₹400 per month.

If revenue collection falls short, Gram Panchayats may use the grants received under the 15th and 16th Finance Commissions to bridge the funding gap.

Women Self-Help Groups (SHGs) and Primary Agricultural Credit Societies (PACS) will receive the priority in water billing, collection and maintenance contracts.

The three-tier grievance redressal mechanism will also be established and it will be supported by the Nal Jal Seva mobile application and Nal Jal Mitra

India and Japan Adopt Rules for Joint Crediting Mechanism Under Paris Agreement

India and Japan have strengthened the bilateral climate cooperation by adopting the Rules of Implementation for the Joint Crediting Mechanism (JCM) under the Article 6.2 of the Paris Agreement. The adoption of these rules provide the structured framework for implementing climate mitigation projects along with  supporting the climate goals of the both countries.

What is the Joint Crediting Mechanism (JCM)?

The Joint Crediting Mechanism (JCM) is the bilateral carbon market cooperation framework that facilitates the implementation of those projects which are aimed at reducing or removing greenhouse gas emissions.

Under this mechanism, one country supports the low-carbon projects in another country in the form of investment, technology transfer and capacity building.

The resulting emission reductions are quantified and it shared between the participating countries as the carbon credits.

India and Japan signed the Memorandum of Cooperation (MoC) on the JCM in the year 2025 and laying the foundation for the climate collaboration under the framework of the Paris Agreement.

Adoption of Rules of Implementation

On 8th June 2026, the Governments of India and Japan formally adopted the Rules of the Implementation for the Joint Crediting Mechanism.

The new rules establish the comprehensive governance structure for the operation of JCM projects.

They define procedures for the project approval, monitoring, validation, verification and the credit issuance while ensuring transparency and environmental integrity.

This framework aligns with Article 6.2 of the Paris Agreement which allows the countries to cooperate voluntarily in to achieving their climate targets via internationally transferred mitigation outcomes (ITMOs).

Key Features of the Implementation Rules

The adopted rules provides the robust institutional framework to ensure the credibility and accountability.

Key provisions includes the,

  • Establishment of the Joint Committee with representatives from both governments.
  • Transparent project approval and registration procedures.
  • Independent third-party validation and verification mechanisms.
  • Sustainable development safeguards.
  • National registries for the tracking carbon credits.
  • Monitoring of emission reductions and removals.

These measures ensure that the climate projects generate measurable and verifiable environmental benefits.

Understanding Article 6.2 of the Paris Agreement

The Paris Agreement provides countries with flexibility to cooperate in to achieving their climate goals.

Article 6.2 specifically allows the countries to engage in bilateral or multilateral cooperation via the transfer of emission reduction outcomes.

These outcomes can be counted towards the Nationally Determined Contributions (NDCs) while avoiding the double counting through transparent accounting mechanisms.

The provision encourages the cost-effective climate action and it also promotes the international collaboration in reducing global emissions.

Ministry of Ayush Launches Yoga Park Portal to Promote Preventive Healthcare Across India

Ayush Ministry has launched the Yoga Park Portal, it is a nationwide initiative which aimed at to transform the existing public parks into the dedicated community wellness hubs. This initiative seeks to make yoga, meditation and preventive healthcare as a regular part of everyday life by utilizing the accessible public spaces across urban and rural India.

What is the Yoga Park Portal?

The Yoga Park Portal is the digital platform developed by the Ministry of Ayush to facilitate the creation and development of the Yoga Parks across the country.

The initiative encourages the local governments, community organizations, resident welfare associations, NGOs and corporate entities to convert the existing parks into wellness-oriented public spaces.

This portal provides the guidelines, registration facilities, concept notes and implementation resources to help the stakeholders to participate in the initiative.

Launch of the Initiative

The portal was launched by the Respectable Union Minister of State (Independent Charge) for Ayush and Minister of State for Health and Family Welfare, Prataprao Jadhav during the International Day of Yoga 2026 countdown event held in the Khajuraho.

The initiative was unveiled alongside the relaunch of the Yoga Sangam Portal and it highlights the government’s broader strategy to expand the yoga’s reach at the grassroots level.

Objective of Yoga Parks

The Yoga Park initiative aims to transform the traditional parks into permanent the wellness spaces that encourage the,

  • Regular yoga practice
  • Meditation and mindfulness
  • Preventive healthcare awareness
  • Community participation
  • Healthy lifestyle promotion

These parks are envisioned as the year-round wellness centers rather than spaces which are just used only during the special events.

Key Features of Yoga Parks

This initiative proposes the development of the dedicated facilities within existing parks to support holistic wellness activities.

Potential features includes the,

  • Dedicated yoga platforms
  • Meditation zones
  • Green and eco-friendly landscapes
  • Community wellness spaces
  • Open-air group activity areas
  • Health awareness facilities

These features are also intended to create an inclusive environment for the people of all age groups.

Collaborative Implementation Model

One of the most important aspects of the initiative is the its collaborative approach. Multiple stakeholders are expected to contribute to the development and maintenance of Yoga Parks.

These includes the,

  • Panchayati Raj Institutions
  • Urban Local Bodies
  • Resident Welfare Associations (RWAs)
  • Non-Governmental Organizations (NGOs)
  • Yoga institutions
  • Corporate organizations through CSR initiatives

Role of Corporate Social Responsibility (CSR)

The Ministry of Ayush has encouraged the companies to participate via the Corporate Social Responsibility (CSR) initiatives.

Organizations can support the creation and maintenance of the Yoga Parks and contributing directly to the public health and community welfare.

CSR-supported Yoga Parks are expected to create the long-term benefits by providing the accessible spaces for physical activity, wellness education and social interaction.

India and Canada Launch Security Pact Talks, Aim to Finalise Trade Deal in 2026

India and Canada have strengthened the bilateral relations by agreeing to launch the negotiations on a General Security of Information Agreement (GSOIA) and accelerate efforts to conclude the Comprehensive Economic Partnership Agreement (CEPA) in the year 2026. This decisions were announced after meeting between the Honorable Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney on the sidelines of the G7 Summit, Evian in France.

Negotiations on General Security of Information Agreement (GSOIA)

One of the key outcomes of the meeting was the decision to begin the negotiations on a General Security of Information Agreement (GSOIA).

A GSOIA is the important framework that enables the secure exchange, handling and protection of the classified information between governments.

Such agreements are often considered as the foundational instruments for the deeper defense and security cooperation.

This proposed agreement is expected to strengthen the trust and facilitate greater collaboration in areas such as defense technology, intelligence sharing, strategic planning and national security.

Progress Towards Comprehensive Economic Partnership Agreement (CEPA)

India and Canada also reaffirmed their commitment to conclude the negotiations on the Comprehensive Economic Partnership Agreement (CEPA) during the year 2026.

CEPA is the broad trade agreement that aims to enhance the market access, reduce trade barriers, increase investments and strengthen the economic cooperation between participating countries.

Both the leaders expressed the satisfaction with the progress achieved so far and they highlighted the importance of the expanding bilateral trade and investment flows.

The agreement is expected to creates the new opportunities for businesses, improve supply chain resilience and deepen the economic integration between the two economies.

Focus on Energy and Supply Chain Cooperation

Both the leaders have emphasized the growing importance of the resilient and diversified supply chains amid changing global economic conditions.

India and Canada discussed cooperation in critical sectors, including the,

  • Liquefied Natural Gas (LNG)
  • Liquefied Petroleum Gas (LPG)
  • Metallurgical Coal
  • Critical Minerals
  • Energy Security

Canada possesses the significant amount of the energy resources reserves and critical minerals, while India represents one of the world’s fastest-growing energy markets.

Expanding Strategic Partnership

Beyond the trade and security, the two countries have reviewed the cooperation across several emerging sectors.

The leaders discussed strengthening collaboration in to the,

  • Science and Technology
  • Innovation and Start-up Ecosystems
  • Education and Academic Exchanges
  • Skilled Migration and Mobility
  • Research Partnerships

These areas are increasingly becoming the important pillars of the India and Canada relationship which showcases the growing people-to-people and institutional connections between the two nations.

Support for the Canada’s Role in the Indian Ocean Region

During the discussions between the leaders, India expressed support for the Canada to becoming a Dialogue Partner of the Indian Ocean Rim Association.

The Indian Ocean Rim Association is the regional organization that promotes the cooperation among countries bordering the Indian Ocean in areas such as maritime security, trade, fisheries, disaster management and sustainable development.

Canada’s participation as a Dialogue Partner would expand the its engagement with the Indo-Pacific region and will strengthen the cooperation with member countries.

Who is the Owner of Canva? Meet the Founders Behind the Global Design Giant

In today’s time from social media graphics and presentations to resumes and business documents, Canva has changed how millions of people create the designs everyday. Today. it is world’s one of the most popular design platforms and it used by the individuals, businesses, schools and organizations all round the world.

But who owns the Canva? Is it controlled by a large technology company, venture capital investors or just single entrepreneur?

The answer is the combination of founders, employees and investors. However, the company remains largely influenced by the its founders and specially Melanie Perkins, who transformed the simple idea into one of the world’s most valuable private software companies.

Let’s explore the story behind the Canva and the people who built it with passion.

Who Owns Canva?

Canva is a privately held company and it means that its shares are not traded on the public stock exchange.

The largest shareholders are the its co-founders.

Shareholder/Estimated Ownership

  • Melanie Perkins: 15-18%
  • Cliff Obrecht: 15-18%
  • Cameron Adams: 5-9%
  • Employees (ESOP Pool): 10-15%
  • Venture Capital Investors: Remaining Stake

Although there are several investors own shares in the Canva, the founders continue to hold the significant ownership and influence over the company’s direction.

Who Founded Canva?

Canva was founded in 2013 by three entrepreneurs,

  • Melanie Perkins
  • Cliff Obrecht
  • Cameron Adams

Together, they have created a platform which is designed to make the graphic design simple and accessible for everyone.

Today, Canva serves the hundreds of millions of users worldwide and it is among the most successful software companies ever founded in the Australia.

Who is Melanie Perkins?

Melanie Perkins is an Australian technology entrepreneur who is best known as the co-founder and Chief Executive Officer (CEO) of Canva.

Quick Profile

Aspect Details
Full Name Melanie Perkins
Born Year 1987
Birthplace Perth, Western Australia
Nationality Australian
Profession Entrepreneur
Current Role CEO of Canva

Perkins has become one of the world’s youngest self-made female billionaires and it is one of the most influential women in the technology.

Early Life and Education

Melanie Perkins was born in the Perth, Western Australia.

Her mother worked as a teacher while her father was an engineer of the Malaysian Filipino, and Sri Lankan heritage.

During her school years, she was passionate about the entrepreneurship and even ran a small business selling handmade scarves.

She later enrolled at the University of Western Australia, where she studied the communications, psychology and commerce.

However, she left university at the age of just 19 to pursue her entrepreneurial ambitions of the full-time.

The Business Before Canva

Before launching the Canva, Melanie Perkins and Cliff Obrecht founded a company called the Fusion Books in the year 2007.

Fusion Books allowed the schools to create yearbooks using an online drag-and-drop design platform.

The business have expanded across the Australia, New Zealand and France.

While running the Fusion Books, Perkins noticed the common problem and that is the professional design software was difficult to learn and expensive to use.

This observation eventually inspired the idea for the Canva.

How Was Canva Born?

Melanie Perkins envisioned the platform where anyone could create the professional-looking designs without needing advanced technical skills.

For the many years, she pitched the concept to investors.

Many investors were skeptical because,

  • Canva was being built in the Australia rather than Silicon Valley.
  • The design software market was already dominated by the large players.
  • Few people believed that the ordinary users wanted the simplified design platform.

Despite the repeated rejections, Perkins has continued refining the idea.

In the year 2012, former Google designer Cameron Adams joined the project and brings the additional technical and product expertise.

And with this Canva officially launched in 2013.

Why Did Canva Become So Successful?

There are several factors contributed to the Canva’s rapid rise.

1. Simplicity

Canva made the graphic design accessible to all people without professional training.

2. Drag-and-Drop Design

Users could create the professional visuals through the simple interface.

3. Freemium Business Model

This platform offered the free tools while generating revenue via premium subscriptions.

4. Templates and Collaboration

Canva provided the thousands of ready-made templates and team collaboration features.

5. Global Accessibility

This platform worked entirely online it allows the users from around the world to access its tools instantly.

How Big is Canva Today?

Canva has grown into world’s one of the largest design software companies.

Some notable achievements includes the.

  • More than 240 million monthly users worldwide.
  • Customers ranging from students to the multinational corporations.
  • A private valuation of approximately touched $42 billion in 2025.

Major companies uses the Canva for marketing, presentations, branding and internal communications.

Who Runs Canva Today?

Canva continues to be led by the its founding team.

Leadership Team

  • CEO Melanie – Perkins
  • Co-Founder – Cliff Obrecht
  • Chief Product Officer – Cameron Adams

Melanie Perkins remains the public face of the Canva and oversees the company’s overall vision and the strategy.

Canva’s Philanthropic Vision

One of the most unique aspects of the Canva’s story is the founders’ commitment towards the philanthropy.

Melanie Perkins and Cliff Obrecht have pledged to donate more than 80% of their wealth via charitable initiatives.

A significant portion of their Canva ownership is also expected to support the global causes through the Canva Foundation and other philanthropic projects.

This commitment has drawn the comparisons to some of the world’s most prominent philanthropic entrepreneurs.

G7 Countries List and Their Representatives in 2026: Members, Leaders and Key Facts

The Group of Seven (G7) is the most powerful and influential forums of seven country, this group bring leaders together of advanced economics to discuss global issues including economic growth, trade, security, energy, climate change, technology and international cooperation.

In 2026, 52nd G7 Summit started from 15-17 June 2026 in Évian-les-Bains, France, under the presidency of France. In this summit, the European Union also participates in G7 discussions through its institutional leadership.

What is G7?

The G7 is an non-formal grouping of 7 advanced economies that working together on major global political and economic challenges.

The G7 members are:

  1. Canada
  2. France
  3. Germany
  4. Italy
  5. Japan
  6. United Kingdom
  7. United States

The European Union (EU) participates in all summit discussions but its clearly not counted among the seven member countries.

G7 Countries and Their Representatives in 2026

Country Representative (2026) Designation
Canada Mark Carney Prime Minister
France Emmanuel Macron President
Germany Friedrich Merz Chancellor
Italy Giorgia Meloni Prime Minister
Japan Shigeru Ishiba Prime Minister
United Kingdom Keir Starmer Prime Minister
United States Donald Trump President

European Union Representation at G7

Its not an official member country, the European Union participates in G7 meetings.

The EU is represented by:

  • Ursula von der Leyen
  • António Costa

The European Union takes part in summit discussions but does not hold the rotating presidency.

Major Issues Discussed at G7 Summit 2026

  • Worldwide economic stability
  • Strengthening global trade and supply networks
  • AI and online safety
  • Ukraine conflict and security cooperation
  • Energy transition and sanctions policy
  • Critical minerals and industrial strategy
  • Global debt challenges for developing countries

Invited Outreach Countries at G7 2026

As apart from G7 members, France also invited several partner countries and international organizations to participate in outreach sessions. Among the invited leaders was Narendra Modi, who attended summit discussions and held bilateral meetings with multiple global leaders.

Why is G7 Important?

The G7 remains important because its member countries collectively represent a major share of:

  • Global GDP
  • International trade
  • Technology innovation
  • Financial markets
  • International policymaking

Although it does not issue legally binding decisions, the forum strongly influences global economic and geopolitical direction.

Who is the Owner of BMW? The Family Behind Germany’s Luxury Car Giant

As we all know that BMW is one of the most recognizable luxury automobile brands in the world. It is known for the its premium vehicles, cutting-edge technology and powerful performance and it become a symbol of the engineering excellence.

But there are many people are surprised to learn BMW is not owned by a single billionaire entrepreneur or a government entity. Instead, this company is largely controlled by one of the Germany’s wealthiest families and that is Quandt family.

So, let’s explore the who owns BMW, who founded it and how this company became a global automotive powerhouse.

Who Owns BMW Today?

BMW is primarily owned by the Quandt family and they controls approximately to 50.2% of the company’s shares.

The two major shareholders are the,

  • Stefan Quandt (27.7%)
  • Susanne Klatten (22.5%)
  • Public Shareholders (Approximately 49.8%)

Because BMW is publicly traded the investors all around the world can purchase shares. However, the Quandt family’s combined stake gives them an effective control over the company ownership.

Who Are the Owners of BMW?

Stefan Quandt

Stefan Quandt is a German businessman and engineer. He is one of the largest shareholders of the BMW and he plays a significant role in the company’s strategic direction.

Susanne Klatten

Susanne Klatten is one of the Germany’s richest women and a major investor. She inherited her stake in the BMW and she continues to be one of the company’s most influential shareholders.

Together, this siblings holds the majority control of BMW through their inherited shares.

The Man Who Saved BMW: Herbert Quandt

The story of the BMW’s ownership begins with one an only Herbert Quandt.

In the late 1950s, BMW faced the severe financial difficulties and it was so close to being acquired by Mercedes-Benz’s parent company, Daimler-Benz.

In the year 1959, Herbert Quandt made a bold decision to increase his investment in the BMW instead of allowing the takeover to proceed.

Despite the significant financial risks, he expanded his ownership stake and he supported the company’s restructuring.

This decision ultimately saved the BMW and laid the foundation for its future success.

How BMW Became Successful

After the Herbert Quandt’s intervention, BMW has launched the several successful models that transformed the company.

One of the most important was the BMW 1500 which was introduced in the year 1962.

The vehicle helped to create the modern sports sedan segment and established the BMW’s reputation for combining performance with luxury.

Over the last couple of decades, BMW expanded worldwide and it became one of the world’s most respected automotive brands.

Who Founded BMW?

BMW traces its origins back to the year1916.

The company began as aBayerische Flugzeug-Werke (BFW) that is a manufacturer of aircraft engines in Bavaria, Germany.

In 1917, the company adopted the name of BMW – Bayerische Motoren Werke

which translates to Bavarian Motor Works.

Unlike the many automobile manufacturers, BMW did not initially produce the cars.

BMW Was Not Originally a Car Company

Many people assume that BMW has always built the automobiles but its roots are actually in the aviation sector.

Timeline of the BMW’s Evolution

Year Milestone
1916 Founded as the Bayerische Flugzeug-Werke
1917 Became as a Bayerische Motoren Werke (BMW)
1923 Produced the R32 motorcycle
1928 Entered into the automobile manufacturing
1948 Restarted the motorcycle production after WWII
1952 Resumed the automobile production

After the World War I, the Treaty of Versailles prohibited the Germany from manufacturing aircraft engines.

BMW therefore shifted the its focus towards the motorcycles and later automobiles.

What Does BMW Stand For?

BMW stands for the,

  • Bayerische Motoren Werke

In English, this translates to the,

  • Bavarian Motor Works

The name showcases the company’s origins in the Bavaria, that is a state in the southern Germany.

What is BMW Group?

BMW vehicles are produced by the parent company which is known as the BMW Group.

The group owns the several famous automotive brands.

Brands Owned by BMW Group

The BMW Group includes the,

  • BMW Group
  • BMW
  • MINI
  • Rolls-Royce Motor Cars

This makes the BMW Group world’s one of the leading premium automotive manufacturers.

Where is BMW Headquartered?

BMW’s global headquarters is located in the Munich.

Munich has served as the company’s operational center for the many decades and it remains as one of the most important automotive hubs in the Europe.

Who Runs BMW Today?

While the Quandt family owns the controlling stake, the company is managed by the professional executives.

The BMW Group operates under a corporate management structure with the Board of Management and Supervisory Board who are responsible for day-to-day operations and the long-term strategy.

The Quandt family influences the major corporate decisions with the its significant ownership stake.

Who Owns Titan Company? Founder, Ownership Structure and Leadership Explained

From premium watches and jewellery to eyewear and smart wearables, Titan has become India’s one of the most recognized consumer brands. Popular names such as Titan, Tanishq, Fastrack, Sonata and Titan Eye+ have made the company a household name all across the India.

Many people assume that the Titan is owned by a single entrepreneur, but the reality is very different. Titan Company Limited is a publicly listed corporation with the unique ownership structure which involves the Tata Group, the Government of Tamil Nadu, institutional investors and public shareholders.

Let’s understand the Titan’s ownership and history provides the valuable insight into one of the India’s most successful corporate success stories.

How Was Titan Founded?

Titan Company Limited was established on 26th June 1984 as a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO).

The company was created with the vision of to modernizing the India’s watch industry by introducing quartz watch technology and high-quality manufacturing standards.

The first manufacturing facility was established in the Hosur, Tamil Nadu, which later became one of the India’s most important watch production hubs.

Who Was the Founder of Titan?

Xerxes Desai was the man behind this idea, he was the distinguished business leader from the Tata Group.

He was born in the year 1937 and he studied at the University of Mumbai’s Elphinstone College before pursuing the higher education at University of Oxford.

After joining the Tata Administrative Services in 1961, he worked tirelessly to transform the idea of a world-class Indian watch company into reality.

Despite challenges related to technology acquisition, regulatory approvals and internal resistance, he successfully established the Titan with the support of J. R. D. Tata.

In the year 1987, Titan has launched the its first quartz analogue watches and revolutionize the Indian watch market that had previously been dominated by the mechanical watches.

Who Owns Titan Company Today?

Titan is the publicly listed company traded on to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

This means that no single individual owns the company. Instead, the ownership is distributed among the promoters, institutional investors, mutual funds, insurance companies and retail shareholders.

The largest ownership stake remains with the original promoter groups Tata Group and TIDCO.

Major Shareholders of Titan

As of 2025, the largest shareholders of Titan includes the,

Shareholder Approximate Stake
Tamil Nadu Industrial Development Corporation (TIDCO) 27.88%
Tata Sons Pvt. Ltd. 21.40%
Rekha Rakesh Jhunjhunwala 5.33%
Tata Investment Corporation 2.01%
SBI Funds Management 1.75%
Tata Chemicals 1.56%
UTI Asset Management 1.20%
SBI Life Insurance 1.18%
HDFC Asset Management 0.83%
Axis Asset Management 0.62%

The combined promoter holding of TIDCO and Tata Sons exceeds around 49% which makes them as the most influential stakeholders in the company.

What Is TIDCO and Why Does It Own Titan?

Tamil Nadu Industrial Development Corporation (TIDCO) is the government-owned industrial development agency which was established to promote the industrial growth and investment in Tamil Nadu.

When Titan was founded, TIDCO has partnered with the Tata Group to establish the company and facilitate the manufacturing operations in the state.

This collaboration helped the Titan build the its production base in Hosur and contributed significantly to industrial development and employment generation in Tamil Nadu.

Today, TIDCO remains as the Titan’s single largest shareholder.

Who Runs Titan Company in 2026?

While the ownership rests with shareholders, day to day operations are managed by the professional leadership.

In the month of January 2026, Ajoy Chawla assumed charge as the Managing Director of Titan Company after the retirement of C. K. Venkataraman.

Ajoy Chawla has joined Tata Administrative Services in the 1990 and became part of Titan in 1991. Over more than three decades, he worked across various divisions, including watches, strategy and jewellery and played a major role in the company’s growth.

The Chairperson of the Titan Company is Sandhya Venugopal Sharma, while Ashok Sonthalia serves as the Chief Financial Officer.

Titan’s Business Expansion Journey

Titan began as the watch manufacturer but it gradually diversified into multiple consumer segments.

Its flagship brands includes the,

  • Titan – Premium watches and wearables
  • Tanishq – Jewellery and gold ornaments
  • Fastrack – Youth-focused accessories and watches
  • Sonata – Affordable watches
  • Titan Eye+ – Eyewear and vision care products

The company has become India’s one of the leading lifestyle and consumer goods firms and it serving the millions of customers across the country and overseas markets.

Who Owns Lenskart? Meet Founder Peyush Bansal and the Team Behind the Brand

If you have ever purchased the spectacles online, visited a Lenskart store once or watched the Shark Tank India and you have probably heard of name Peyush Bansal.

Over the last decade, Lenskart has transformed how Indians buy eyewear by combining the technology, affordability and a strong retail presence.

Today, Lenskart is world’s one of the most fastest-growing eyewear companies and it operating thousands of stores across multiple countries. But who founded Lenskart and how did the company become the household name?

Here’s everything you need to know.

Who Founded Lenskart?

Lenskart was founded by Mr. Peyush Bansal, along with the Neha Bansal, Amit Chaudhary and Sumeet Kapahi.

The company was incorporated under the Valyoo Technologies Private Limited and began its eyewear business in the year 2010.

Peyush Bansal is widely recognized as the driving force behind this brand and he currently serves as the Chairman, Managing Director and Chief Executive Officer (CEO) of the Lenskart.

Under his leadership, the company has grown from an online eyewear startup into the multinational retail giant.

Who is Peyush Bansal?

Peyush Bansal is an Indian entrepreneur, investor and business executive and he is best known for founding Lenskart.

Quick Profile of Peyush Bansal

Aspect Details
Full Name Peyush Bansal
Date of Birth 26 April 1985
Birthplace New Delhi, India
Education McGill University, Canada
Additional Studies IIM Bangalore (Entrepreneurship Programme)
Profession Entrepreneur, Investor
Current Role Chairman, MD & CEO, Lenskart

Early Life and Education

Peyush Bansal was born in New Delhi and he has completed his schooling at Don Bosco School. He later moved to the Canada and earned a degree in the Electrical Engineering from McGill University.

After completing the graduation, he worked briefly at the Microsoft in the United States. However, instead of pursuing a corporate career he decided to return to India and build his own business in country.

This decision would eventually lead to the creation of the India’s one of the most successful consumer brands.

How Did Lenskart Start?

Before launching the Lenskart, Peyush Bansal had experimented with several online ventures.

In the year 2007, he started SearchMyCampus.com it is a classifieds platform which aimed at college students.

Although this platform gained traction and he saw a larger opportunity in India’s eyewear market.

At the time, buying spectacles was often expensive, inconvenient and it lacked transparency. Bansal identified the major gap where technology could improve both affordability and accessibility.

In the year 2010, Lenskart officially launched as an online eyewear retailer.

The company initially focused on to selling contact lenses and the prescription eyewear online before expanding into physical retail stores.

How Was Lenskart Founded?

The idea for the Lenskart emerged from a simple observation.

There were millions of Indians struggled to access the quality eyewear at affordable prices. Buying glasses often involved the limited choices, high costs and long waiting periods.

To solve this problem, Peyush Bansal has launched the Lenskart in the year 2010 alongside with the co-founders Neha Bansal and Amit Chaudhary.

In 2011, Sumeet Kapahi joined the founding team of the Lenskart.

Initially, the company focused on to selling contact lenses online. As the customer demand grew, Lenskart expanded into the prescription glasses, sunglasses and comprehensive eye-care services.

Then company quickly gained popularity because it offered the convenience, affordability and a wider range of the products than traditional optical stores.

Who are the Co-Founders of Lenskart?

While Peyush Bansal is the most recognized founder but Lenskart was built by a team of the entrepreneurs.

Peyush Bansal

Chairman, Managing Director, CEO, Co-founder and Promoter.

Neha Bansal

Executive Director, Global Head of Merchandising, Co-founder and Promoter.

Amit Chaudhary

Executive Director, Global Head of Expansion, Co-founder and Promoter.

Sumeet Kapahi

Global Head of Sourcing, Co-founder and Promoter.

Together, they helped to transform the Lenskart from a startup into an international eyewear brand.

Why Did Lenskart Become Successful?

Lenskart’s success came from the combining technology with the retail innovation.

This company introduced the several customer-friendly solutions that differentiated it from the traditional eyewear retailers.

Some key innovations included the,

  • Home eye check-up services
  • Virtual 3D try-on technology
  • AI-powered eyewear recommendations
  • Affordable prescription glasses
  • Fast delivery services
  • Extensive retail store network
  • Omnichannel shopping experience

These innovations helped the company attract the millions of customers and build the trust across urban and rural markets.

Who Owns Lenskart Today?

Lenskart is not owned by a single individual.

The company is backed by the its founders as well as several global institutional investors.

Over the period of years, it has attracted the investments from the leading international venture capital and private equity firms.

While ownership is distributed among multiple stakeholders, Peyush Bansal remains as one of the most influential figures in the company and he continues to play a central role in the strategic decision-making.

Who Runs Lenskart Now?

As of year 2026, Peyush Bansal serves as the Chairman, Managing Director and Chief Executive Officer (CEO) of Lenskart.

Under his leadership, the company has expanded beyond the India into international markets including the,

  • Japan
  • Singapore
  • Thailand
  • Vietnam
  • Indonesia
  • Philippines
  • Malaysia
  • United Arab Emirates
  • Saudi Arabia
  • Australia

Lenskart continues to focus on to areas like technology, customer experience and global expansion.

What is Peyush Bansal’s Net Worth?

Peyush Bansal’s wealth is closely associated to the value of his stake in the Lenskart.

As he is one of the India’s most successful startup founders, he has built significant wealth via the growth of the company.

His popularity increased further after joining the Shark Tank India, where he became one of the show’s most recognizable investors.

Tripura’s Traditional Musical Instrument Sarinda Receives GI Tag Recognition

Tripura’s traditional musical instrument Sarinda recognized as the Geographical Indication (GI) tag and it shows the state’s another milestone to preserve the rich cultural heritage. This recognition highlights the unique craftsmanship and the cultural importance of the instrument which has been an integral part of the folk traditions of the Tripura’s indigenous communities for generations.

The GI tag is expected to strengthen the efforts to preserve the instrument, support local artisans and promote the Tripura’s cultural identity at national and international levels.

Tripura Sarinda Receives GI Tag

Respectable Chief Minister Manik Saha has announced that Tripura Sarinda has been awarded the Geographical Indication status.

He described the achievement as a proud moment for the state’s cultural heritage and it is a significant step towards to preserving and promoting indigenous folk traditions.

This recognition acknowledges the instrument’s unique association with the Tripura and it safeguards the its identity against unauthorized imitation or any misuse.

About Tripura Sarinda

Tripura Sarinda is the traditional bowed string musical instrument that is widely used in the folk music traditions of the state’s tribal communities.

It is handcrafted from a single block of wood and it features a hollow resonator that produces the its distinctive sound.

The instrument is played using the bow and is commonly used during the folk performances, cultural ceremonies and traditional musical expressions.

Its design, craftsmanship and musical style have been passed down through multiple generations and making it as an important symbol of indigenous cultural heritage.

Cultural Significance of Sarinda

The Sarinda occupies the special place in the cultural life of Tripura’s indigenous communities.

It serves not only as just musical instrument but also as a medium for to preserving oral traditions, folklore and cultural narratives.

The instrument is closely associated with the traditional celebrations, community gatherings and folk performances and it showcases the rich artistic heritage of the region.

The GI recognition is expected to encourage the younger generations to learn and preserve this traditional art form.

What is a Geographical Indication (GI) Tag?

A Geographical Indication (GI) tag is the intellectual property right that are granted to products which possess the specific qualities, characteristics or a reputation linked to a particular geographical region.

The GI registration system in India is governed by the Geographical Indications of Goods (Registration and Protection) Act, 1999.

The registration and protection of the GI products are administered by the Geographical Indications Registry which is located in Chennai, Tamil Nadu.

The GI tag helps to protect traditional products from unauthorized use and it ensures that only genuine producers from the designated geographical area can market the product under the its registered name.

Tripura’s Growing GI Portfolio

With the inclusion of the Sarinda, Tripura now has four GI-tagged products.

Tripura’s previously recognized GI products includes the,

  • Tripura Queen Pineapple
  • Risha/Pachra (Rignai), the traditional attire of indigenous tribal communities
  • Matabari Peda
  • Tripura Sarinda

These recognitions showcase the state’s rich cultural diversity and the traditional knowledge systems.

_12.1
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930