General Awareness

BUSINESS AND ECONOMY - March 2026

Mar 2026

Apr 16, 2026

Bank of Baroda Partners with Reliance Jio to Launch bob World Lite on JioPhone

Bank of Baroda (BoB) has partnered with Reliance Jio to launch bob World Lite for feature phones. The service will run on JioPhone devices, bringing essential mobile banking to millions who do not own smartphones. The initiative aims to bridge the digital divide and expand financial access across India. bob World Lite uses a lightweight, low-bandwidth design to ensure smooth performance on basic networks. It will debut on the JioPhone Prima 4G and marks a milestone in India’s digital banking space by enabling basic banking features on affordable devices.

BoB partnered with Reliance Jio to launch bob World Lite for feature phones.
The app will operate on JioPhone devices to reach non‑smartphone users.
Aims to bridge the digital divide and expand financial inclusion.
Uses a lightweight design for low-bandwidth networks.

Apr 15, 2026

Mundra Port sets record as India’s largest automobile export hub

Mundra Port has emerged as India's largest automobile export hub by shipping 6,008 cars in a single vessel, a milestone for the country’s logistics and export ecosystem. Operated by Adani Ports and Special Economic Zone (APSEZ), the RoRo terminal enables faster vehicle loading and unloading, reducing handling costs and enabling large‑scale exports. The milestone positions Mundra as a key gateway for India’s automobile exports, aligning with broader manufacturing growth and supply‑chain efficiency across major ports. Industry officials view the achievement as a sign of India’s growing strength in vehicle exports and port capacity.

Mundra Port shipped 6,008 cars in one vessel.
Effort highlights Mundra as India’s largest automobile export hub.
RoRo terminal enables faster loading/unloading and lower costs.
Operated by APSEZ (Adani Ports & SEZ).
Reflects growing India manufacturing and logistics capabilities.

Apr 13, 2026

ONDC Leadership Transition: Acting CEO to Permanent Appointment

Media reports indicate that Vibhor Jain’s tenure as acting CEO of ONDC is transitioning toward permanent appointment as managing director and chief executive officer, following the departure of Thampy Koshy. Jain had previously served as COO and led strategy and operations for ONDC. Publications note the finalization of his appointment as a formal step in the organization’s leadership transition. ONDC remains focused on expanding its open, interoperable digital commerce framework and delivering value for participants across the country. Official confirmation from government or ONDC sources had not been publicly posted at the time of reporting.

Juxtaposition: acting CEO to permanent CEO anticipated.
Background: Vibhor Jain previously served as COO and lead for strategy.
Context: follows leadership changes after Thampy Koshy’s tenure.
Implication: aims to stabilize ONDC during growth.
Source notes: multiple trade publications reported the transition.

Vibhor Jain Named ONDC MD & CEO; Appointment Effective 7 April 2026

Vibhor Jain, previously chief operating officer, was appointed managing director and chief executive officer of the Open Network for Digital Commerce (ONDC). The appointment took effect from 7 April 2026, and follows his earlier tenure as acting CEO and as president of network governance. ONDC, a government‑backed platform, seeks to expand open and interoperable digital commerce across India. Jain is expected to drive network expansion, governance improvements and stakeholder value as the platform scales. Industry commentators view the change as an important step in stabilizing ONDC during a period of rapid growth and reform in Indian digital commerce.

Position: MD & CEO; start date: 7 April 2026.
Previous role: COO and President – Network Governance.
Organization: Open Network for Digital Commerce (ONDC).
Strategic aim: expand open, interoperable digital commerce.
Industry view: leadership transition supports growth and reform.

Apr 12, 2026

Policybazaar Insurance Brokers appoints Sajja Praveen Chowdary as new CEO

Policybazaar Insurance Brokers has appointed Sajja Praveen Chowdary as its new Chief Executive Officer (CEO) and Whole‑Time Director. The appointment received regulatory clearance after the resignation of former CEO Tarun Mathur for personal reasons. Chowdary will also serve as Principal Officer for the company, aligning with India’s insurance governance framework. This leadership change marks a significant transition within PB Fintech's insurance arm. Chowdary brings extensive experience in financial services and governance, and is expected to drive strategic initiatives across Policybazaar Insurance Brokers.

New appointment: Sajja Praveen Chowdary as CEO and Whole‑Time Director.
Regulatory clearance obtained; predecessor Tarun Mathur resigned.
Chowdary will also act as Principal Officer.
Organization: PB Fintech group’s insurance services arm.
Implication: leadership transition and governance reinforcement.
Expected impact: strategic initiatives and governance improvements.

Apr 11, 2026

Sanjay Khanna appointed BPCL Chairman and Managing Director

BPCL announced the appointment of Sanjay Khanna as Chairman and Managing Director, approved by the Appointments Committee of the Cabinet. Khanna will lead BPCL until 31 May 2029 and previously served as Director (Refineries) and interim CMD. A chemical engineer from the National Institute of Technology Tiruchirappalli and holder of a postgraduate finance degree from the University of Mumbai, Khanna brings over three decades of refining and technical services experience. His appointment ensures leadership continuity amid expansion plans in refining and petrochemicals, aligning with BPCL’s strategy to boost efficiency and invest in growth. Khanna succeeds the outgoing CMD, who steered major investments in BPCL’s downstream facilities.

Sanjay Khanna named BPCL CMD; tenure until 31 May 2029.
Previously Director (Refineries) and interim CMD.
Education: NIT Tiruchirappalli; University of Mumbai finance degree.
Over three decades of refining and technical services experience.
Supports BPCL expansion and petrochemicals focus.

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