Mahindra Insurance Brokers, BigHaat in Agri Segment Pact

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Mahindra Insurance Brokers Limited (MIBL), a subsidiary of Mahindra & Mahindra Financial Services (Mahindra Finance), has announced its partnership with BigHaat, an agri digital platform. The company said in a statement that the partnership would offer financial solutions to the informal agri segment of India’s workforce. Mahindra Insurance Brokers and BigHaat will together promote the government of India’s goal of higher insurance penetration in rural India. 

Mahindra Insurance Brokers will offer health and motor insurance policies under this partnership. The health insurance policy will be sold to BigHaat customers via the BigHaat website and mobile application. This policy will offer a Sum Insured of up to INR 5 lakhs in various combinations (self/spouse/children/parents). Additionally, hospital cash of daily sum insured of INR 1000 for 15 days in a year will also be launched as part of the insurance policy. 

Vedanarayanan Seshadri, Managing Director & Principal Officer, MIBL, said, “With 70 per cent of India’s population being rural centric, this segment is a vastly untapped market when it comes to insurance adoption. In addition, rural and semi-urban India are the most affected by unforeseen events leading to financial stress on families. Our partnership with BigHaat will provide a sense of social and financial security to these families. MIBL is committed to building trust and awareness within this community, further meeting the insurance requirements of this market.” 

Sateesh Nukala, Co-founder of BigHaat India, said, “Bringing insurance to the underserved population such as farmers is a huge step forward. While agri-insurance has been the preferred form of insurance, they have overlooked their own health and their tractor requirements. In this association with Mahindra Insurance Brokers, BigHaat will be delivering health insurance to over 10 million farmers who are on its platform. With this partnership, BigHaat is taking a step close to bridging the gap of low insurance penetration among the farming community. This association will help us become a one-source destination for all the needs of farmers including tractors and health insurance.” (MT)

Prawaas 5.0

Prawaas 5.0, an event focused on the public transport industry, concluded on 11 July 2026 at the Helipad Exhibition Centre in Gandhinagar, Gujarat. The three-day event marked the 10th anniversary of the Bus & Car Operators Confederation of India (BOCI).

The event recorded 20,129 registrations and hosted 227 exhibitors, 20 startups and 120 speakers across 15 sessions. It saw participation from 31 states and union territories, as well as 11 countries.

During the event, two Memorandums of Understanding (MoUs) were signed. The first, between Rotary International District 3080 and BOCI Naari, aims to support the skilling and employment of women as drivers. The second, between Rotary International District 3080 and BOCI, addresses the mental well-being of drivers and road safety.

Prasanna Patwardhan, President of the Bus & Car Operators Confederation of India (BOCI), said, "As BOCI completes ten years, Prawaas 5.0 reflects how collaboration, innovation and progressive policymaking are shaping the future of passenger mobility in India. Over the past three days, the exhibition has brought together operators, policymakers, manufacturers, technology providers and entrepreneurs on a common platform to exchange ideas, build partnerships and explore solutions for the sector's evolving needs. The participation and enthusiasm witnessed this year reaffirm our collective commitment to building a safer, smarter and more sustainable passenger transport ecosystem that supports the vision of Viksit Bharat."

The Bharat Prawaas Awards 2026 honoured 72 recipients, including 50 BOCI Excellence Awards and 22 redBus People's Choice Awards. The event was organised by BOCI, hosted by the Akhil Gujarat Pravasi Vahan Sanchalak Mahamandal, and curated by MM Activ Sci-Tech Communications.

Tata Motors Partners UCO Bank For Commercial Vehicle Financing

Tata Motors CV - UCO Bank

Tata Motors, one of the leading commercial vehicle manufacturers, has inked a Memorandum of Understanding (MoU) with UCO Bank for financing solutions.

Through this collaboration, customers will have access to interest rates, loan approvals and processing. The agreement includes loan-to-value funding options and repayment tenures. The partners will coordinate across branches and dealerships to reach customers in urban and rural markets.

Shashikant Kumar, General Manager & Zonal Head – Mumbai, UCO Bank, said, “The signing of this Memorandum of Understanding with Tata Motors Limited marks another significant milestone in UCO Bank’s commitment to delivering innovative and customer centric financing solutions. Through this strategic partnership, we aim to provide seamless, competitive and timely financing for TATA Motors commercial vehicles, enabling entrepreneurs, fleet operators and businesses to expand with confidence.”

Rajesh Kaul, Vice-President & Business Head – Trucks, Tata Motors Ltd., said, “We are pleased to partner with UCO Bank to further strengthen the financing ecosystem for our commercial vehicle customers. Access to organised and competitive financing is a key enabler for our customers' growth, and UCO Bank's strong nationwide presence makes them an ideal partner in this endeavour. This MoU reinforces our commitment to delivering end-to-end solutions, from world-class vehicles to organised financing that empower our customers to grow their businesses with greater confidence and convenience.”

At present, Tata Motors’ product portfolio ranges from 1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass mobility solutions. The company provides services through its Sampoorna Seva 2.0 initiative, the Fleet Edge platform and a network of over 4,500 sales and service touchpoints.

Volvo 9600 Seater-Sleeper Coach Launched At Prawaas 5.0

Volvo 9600 Seater-Sleeper

Volvo Buses India, a business unit of VE Commercial Vehicles, has unveiled the Volvo 9600 Seater-Sleeper coach at the Prawaas 5.0 exhibition in Gandhinagar. It is designed to combine seating and sleeper configurations in a single platform for intercity, tourism and pilgrimage routes.

The 15-metre coach accommodates 51 passengers, featuring 24 upper-deck sleeper berths and 27 lower-deck seats equipped with calf support. It is powered by the Volvo VEDX8 engine and utilises an I-shift transmission. The interior includes an integrated kitchenette, an onboard toilet, mobile charging points and entertainment systems.

S S Gill, Chief Commercial Officer, VE Commercial Vehicles, said, “India's bus industry is evolving rapidly, with rising passenger expectations for premium travel experiences and operators seeking higher productivity and operational efficiency. At Volvo Buses India, we continue to shape the future of mobility by combining globally proven engineering with innovations that address evolving needs of the Indian market. The Volvo 9600 Seater-Sleeper expands our premium coach portfolio with a flexible solution that meets customer expectations for safety, comfort and luxury."

Suresh Chettiar, Executive Vice-President – Bus Division, VE Commercial Vehicles, added, "The Volvo 9600 platform has been widely appreciated for setting new standards in luxury, safety and passenger comfort. Building on that success, we are introducing the Volvo 9600 Seater-Sleeper to meet the growing demand for more flexible premium travel solutions. Featuring 24 upper sleeper berths and 27 premium lower-deck seats with calf support, the new coach enables operators to efficiently cater to both short- and long-distance routes while delivering an elevated travel experience for passengers."

The vehicle introduces safety features, including a 360-degree camera system and camera-based electronic rear-view mirrors. It also includes a tyre pressure monitoring system, a driver state monitoring system to detect fatigue and an alcohol interlock system. The coach is equipped with a telematics solution for real-time monitoring of vehicle location, performance and fuel consumption.

Prawaas 5.0

The Prawaas 5.0 exhibition, an event focused on the public transport industry, has opened at the Helipad Exhibition Centre in Gandhinagar, Gujarat. Scheduled from 9–11 July 2026, the exhibition is organised by the Bus & Car Operators Confederation of India (BOCI) to coincide with its 10th anniversary.

The event, held under the theme ‘Towards Safe, Smart & Sustainable Passenger Mobility,’ brings together manufacturers, technology providers, and operators. Exhibitors include companies such as Tata Motors, VE Commercial Vehicles, Daimler, JBM, Force Motors, EKA Mobility, Switch Mobility and Sun Mobility, among others.

The exhibition showcases a range of technologies and solutions across the transport value chain, including electric vehicles, charging infrastructure, fleet management systems and digital platforms. The event aims to serve as a platform for industry stakeholders, including fleet owners, state transport undertakings and policymakers, to discuss developments in the sector.

The inauguration was led by Miraben Patel, Mayor of Gandhinagar and Kaushik Jain, MLA of Dariapur. Over the three-day programme, the exhibition will host product launches, conferences and business meetings intended to facilitate collaboration within the passenger transport sector.