Latest news with #Nandakumar
Time of India
13-07-2025
- Time of India
6-member gang held for 1.5cr Maha heist
1 2 3 4 5 6 Kozhikode: Police arrested a six-member gang from Palakkad in Wayanad for their involvement in a Rs 1.5 crore robbery in Maharashtra and handed them over to Maharashtra Police on Sunday. Kalpetta Police said the gang had a long record of serious criminal offences, including robbery, attempted murder and drug trafficking. Kalpetta Police said the accused were involved in a robbery in Maharashtra's Satara district, where they intercepted a vehicle and stole a large sum of cash that was being transported. The case had been registered at Bhuinj Police Station in Satara, which led the investigation in coordination with other agencies. The arrested men—Nandakumar, Ajith Kumar, Suresh, Vishnu, Jinu, and Kaladharan—are residents of Palakkad and were named as accused in the case registered at Bhuinj Police Station. Maharashtra Police were tracking their vehicle and alerted Kerala Police after receiving intelligence that the gang had entered Wayanad. Acting on this intel, Kalpetta Police and highway patrol squad launched a district-wide manhunt in Wayanad. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Warren Buffett Says These 5 Books Are a Must-Read for 2025 Blinkist: Warren Buffett's Reading List Undo The teams located the suspects in a Scorpio jeep and apprehended them late on Saturday night near Kainatty after a brief chase. Kalpetta SHO said police recovered Rs 73,000 in cash, along with weapons including hammers and a metal cutter from the vehicle. Authorities suspect the gang may be part of a larger quotation network and are investigating whether others were involved in the robbery. Police are also probing the whereabouts of the remaining stolen amount. After a medical examination, the accused were produced in court and formally handed over to Maharashtra Police for further investigation.
Business Standard
11-07-2025
- Business
- Business Standard
VP Nandakumar Talks About How NBFCs Bridge India's Credit Gap
PNN New Delhi [India], July 11: The Indian banking sector has undergone a remarkable transformation with the rise of Non-Banking Financial Companies (NBFCs), which have redefined how credit is accessed and delivered across the country. Unlike traditional banks, NBFCs have stepped in to bridge the credit gap by offering flexible, tailored financial solutions to segments often overlooked by banks--especially small businesses, rural entrepreneurs, and individuals lacking formal credit histories. VP Nandakumar, Managing Director of Manappuram Finance, talks about how these dynamic institutions are powering a new era of opportunity with unprecedented growth and inclusion. The NBFC sector in India has experienced rapid growth and transformation, becoming a key player in the country's financial landscape. As of December 2024, the total credit extended by NBFCs stood at around ₹52 trillion and is projected to exceed ₹60 trillion by FY2026. By establishing branches in remote locations and leveraging digital platforms, NBFCs provide formal credit options to individuals and small businesses who are typically excluded from the mainstream banking system. Their ability to offer quick, tailored financial products--such as gold loans and MSME loans--caters specifically to the unique needs of small borrowers, enabling them to access funds more efficiently and with greater flexibility than conventional banks can offer. "Through their innovative, flexible lending models and customer-centric approach, NBFCs are bridging the persistent credit gap, providing timely and tailored financial solutions that empower small businesses, rural entrepreneurs, and individuals." Says VP Nandakumar. "In doing so, they are not only democratizing access to credit but also driving inclusive growth, fostering economic participation, and transforming lives across the country." He adds. Technology has also played an important part. By leveraging advanced technology and streamlined processes, NBFCs have made borrowing significantly easier and faster for first-time and small borrowers, who often face hurdles with traditional banks. The rapid growth of internet penetration in India rising from just 14% in 2014 to over 55% in 2025, with more than 900 million users projected this year has fundamentally transformed how NBFCs operate and serve customers. "This digital revolution, driven especially by rural growth, has enabled NBFCs to reach deeper into semi-urban and rural markets." Believes VP Nandakumar. With widespread access to affordable smartphones and high-speed mobile internet, NBFCs can now offer digital onboarding, instant loan approvals, and seamless customer service through apps and online platforms. This not only makes borrowing more convenient and accessible for people in remote areas but also allows NBFCs to use alternative data and technology-driven credit assessments, helping first-time borrowers and small businesses who lack formal credit histories. NBFCs in India have embraced technology at an unprecedented pace, fundamentally transforming how they operate and serve customers. The sector's digital shift has moved operations from paper-heavy, manual processes to seamless, AI-driven platforms that enable faster, more efficient, and more inclusive financial services. VP Nandakumar opines "Today, a smartphone and internet connection are often all it takes for customers even in remote areas to access loans, make payments, or complete onboarding in minutes, thanks to innovations like e-KYC, digital wallets, and UPI integrations." As a result, more people and enterprises are empowered to access formal credit, invest in growth, and participate actively in the formal economy, driving broader financial inclusion and economic development. The evolution of NBFCs marks a pivotal chapter in India's journey toward financial inclusion and economic growth. As the sector continues to grow, the impact of NBFCs extends far beyond lending; they are shaping a more inclusive, resilient, and dynamic future for the nation. With ongoing innovation and a relentless focus on customer needs, NBFCs are set to play an even greater role in realizing India's $5 trillion economic vision.
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Business Standard
10-07-2025
- Automotive
- Business Standard
Hero MotoCorp appoints Kausalya Nandakumar as CBO of emerging biz unit
Nandakumar brings nearly two decades of leadership experience spanning the automotive, electric mobility, digital innovation, and social impact sectors, Hero MotoCorp said in a regulatory filing Hero MotoCorp is accelerating its transformation toward sustainable, future ready mobility solutions, with their emerging mobility business - Vida. Press Trust of India New Delhi Hero MotoCorp on Thursday said it has appointed Kausalya Nandakumar as Chief Business Officer - Emerging Mobility Business Unit, with immediate effect. In this role, Nandakumar will report to Pawan Munjal, Executive Chairman, and will be responsible for steering the strategic direction and growth of Hero MotoCorp's Emerging Mobility business - Vida -- as the company accelerates its transformation towards sustainable, future-ready mobility solutions. Nandakumar brings nearly two decades of leadership experience spanning the automotive, electric mobility, digital innovation, and social impact sectors, Hero MotoCorp said in a regulatory filing. Most recently, as Chief Operating Officer of Mahindra Electric Automobile Ltd, she led the operational readiness and go-to-market strategy for the company's electric SUV business valued at $ 9.8 billion, it added. Earlier in her career, she headed Business Transformation for Mahindra's Farm Division and was instrumental in building Krish-e - the company's farming-as-a-service platform. Nandakumar replaces Swadesh Srivastava, who has resigned from the two-wheeler major. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Business Standard
18-06-2025
- Politics
- Business Standard
SC protects Kerala journo booked for defamation of politician on YT video
Taking note of the submissions, the bench said in the event of arrest, the journalist will be released on bail by the trial court upon on a bond and sureties as directed by the judge Press Trust of India New Delhi The Supreme Court on Wednesday granted interim bail to a Kerala-based journalist booked by the police for allegedly publishing a defamatory video against a prominent woman politician on his YouTube channel "Crime Online". A bench comprising Justices Sandeep Mehta and Prasanna B Varale issued notice to the Kerala government and the station house officer of the police station concerned on the anticipatory bail plea of journalist Nandakumar TP. Taking note of the submissions, the bench said in the event of arrest, the journalist will be released on bail by the trial court upon on a bond and sureties as directed by the judge. It also directed the journalist to cooperate with the ongoing investigation. An FIR was lodged against the journalist under the provisions of the Bharatiya Nyaya Sanhita for offences of outraging a woman's modesty, intimidation and intent to cause reputational harm, and dissemination of obscene content electronically. He was also booked under Section 67 of the Information Technology Act which penalises publication or transmission of obscene material in electronic form. The state police alleged a YouTube video posted by Nandakumar contained derogatory, sexually coloured, and threatening remarks aimed at humiliating and tarnishing the reputation of the woman leader. The Kerala High Court on June 9 declined to grant Nandakumar anticipatory bail and directed him to surrender before the police. The high court order was challenged in the top court, which posted the plea after six weeks. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
The Hindu
18-06-2025
- Politics
- The Hindu
SC grants interim bail to Kerala journalist T.P. Nandakumar booked for defamatory YouTube video against politician
The Supreme Court on Wednesday (June 18, 2025) granted interim bail to a Kerala-based journalist booked by the police for allegedly publishing a defamatory video against a prominent woman politician on his YouTube channel Crime Online. A Bench comprising Justices Sandeep Mehta and Prasanna B. Varale issued notice to the Kerala government and the station house officer of the police station concerned on the anticipatory bail plea of journalist T.P. Nandakumar. Taking note of the submissions, the Bench said in the event of arrest, the journalist will be released on bail by the trial court upon on a bond and sureties as directed by the judge. It also directed the journalist to cooperate with the ongoing investigation. An FIR was lodged against the journalist under the provisions of the Bharatiya Nyaya Sanhita for offences of outraging a woman's modesty, intimidation and intent to cause reputational harm, and dissemination of obscene content electronically. He was also booked under Section 67 of the Information Technology Act which penalises publication or transmission of obscene material in electronic form. The Kerala Police alleged that a YouTube video posted by Mr. Nandakumar contained derogatory, sexually coloured, and threatening remarks aimed at humiliating and tarnishing the reputation of the woman leader. The Kerala High Court on June 9 declined to grant Mr. Nandakumar anticipatory bail and directed him to surrender before the police. The High Court order was challenged in the top court, which posted the plea after six weeks.
