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  • Bluspring expands its Industrial vertical with the acquisition of STEAG Energy Services India

    Bengaluru, Mar 20: Bluspring Enterprises Limited announced that its wholly-owned subsidiary, Bluspring New Horizon One Private Limited (“BNHOPL”), has entered into a definitive agreement to acquire 100% shareholding in STEAG Energy Services India Private Limited (“STEAG India”). STEAG India is currently a wholly owned subsidiary of STEAG Power GmbH, a leading energy company in Germany. STEAG India has two subsidiaries which will become step-down subsidiaries of BNHOPL. The transaction is expected to close within the next 60–90 days, subject to customary closing conditions.

    Founded in 2001, STEAG India is a leading service provider of Operations and Maintenance (O&M), Digital Solutions, end-to end Engineering & Management Advisory Services to the conventional and renewable power/ energy industry across India, Botswana, Middle East and other overseas markets. Supported by a team of close to 2,000 professionals, the company generates annual consolidated revenues of over INR 600 crores and is led by a highly experienced and long-tenured management team with deep sector expertise.

    Backed by strong technical credentials, STEAG India provides end-to-end services to power plants across a wide spectrum of fuel types and generation capacities. Steag India currently manages nearly 7 GW of power assets and 2,200 TPH of process steam supply capacity, including supercritical power plants and refinery utilities, with demonstrated capabilities across the electricity value chain.

    The acquisition significantly enhances Bluspring’s capabilities across upstream and downstream power services, and will accelerate its expansion in the rapidly growing power infrastructure market in India and internationally. STEAG India’s established Digital capabilities in Performance Monitoring, Predictive Analytics, Diagnostics and Training Simulator with Flexibilization, Simulation studies etc. will further enhance Bluspring’s ability to deliver high-value, technology-enabled O&M/ Digital system solutions to its global client base.

    Kamal Pal Hoda, Executive Director & CEO, Bluspring Enterprises Limited, said:

    “This acquisition marks a significant milestone in our long‑term strategy to build a comprehensive, end‑to‑end infrastructure management services platform. With India’s installed power generation capacity now exceeding 500 GW, the sector offers substantial growth opportunities for Bluspring. STEAG India is widely respected in the power industry for its strong technical capabilities and proven track record. This acquisition will further strengthen our presence in the industrial services segment while expanding our O&M, engineering and digital capabilities. We expect the transaction to be margin and EPS-accretive, enhancing our return on equity profile over the near to medium term while creating long-term value for our shareholders.”

    Ujjwal Kanti Bhattacharya, Managing Director, STEAG Energy Services India, said:

    “STEAG India has built a strong reputation in the power sector through its deep technical expertise, high operational standards, and long-standing relationships with utilities and industrial clients. We are confident that Bluspring, with its growing infrastructure services platform and strong engineering and asset management capabilities, is well positioned to take the business into its next phase of growth. This transition brings together highly complementary strengths and creates a strong foundation to deliver greater value to customers, while continuing to build on STEAG India’s technical legacy.”

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  • Qualys Threat Research Unit Discovers Critical Vulnerability in Ubuntu Operating System

    March 20, 2026: The Qualys Threat Research Unit (TRU) today announced the discovery of a critical vulnerability, CVE-2026-3888, impacting Ubuntu systems’ default installations of Desktop version 24.04 and later. The flaw allows an unprivileged local attacker to escalate privileges to full root access through the interaction of two standard system components: snap-confine and systemd-tmpfiles.

    The flaw affects Ubuntu systems where Snap ecosystem is installed and enabled. snapd is the background service that manages the entire Snap ecosystem on Ubuntu. It handles discovery, installation, updates, and removal of snap packages while systemd-tmpfiles manages the lifecycle of volatile directories. Since the vulnerability can be exploited by any local user without requiring administrative privileges, it presents a significant risk, particularly in multi-user environments. While the exploit requires a specific time-based window (10–30 days), the resulting impact is a complete compromise of the host system.

    The vulnerability specifically stems from how temporary directories associated with snap are managed and cleaned up. Under certain conditions, this behavior can be leveraged by an attacker to influence file system operations performed by snap-confine, enabling unauthorized access to privileged resources.

    Qualys outlined the following snapd package versions that are vulnerable and advised that organizations should immediately upgrade to the listed patched releases, especially those running Ubuntu Desktop >= 24.04.

    • Ubuntu 24.04 LTS: snapd versions prior to 2.73+ubuntu24.04.1

    • Ubuntu 25.10 LTS: snapd versions prior to 2.73+ubuntu25.10.1

    • Ubuntu 26.04 LTS (Dev): snapd versions prior to 2.74.1+ubuntu26.04.1

    • Upstream snapd: versions prior to 2.75

    For Detecting the CVE-2026-3888, Qualys is releasing the QID –  386810 titled as Ubuntu Snapd Local Privilege Escalation (LPE) Vulnerability.

    Before Ubuntu Desktop 25.10 was released to the public, Qualys Threat Research Unit assisted Ubuntu’s security team to detect vulnerabilities. During that review, they spotted a separate flaw – uutils coreutils package (a Rust rewrite of standard GNU utilities), if exploited, could allow an attacker to delete critical files or escalate privileges to gain full control of the system.

    The discovery underscores the security risks that can arise from unintended interactions between trusted system components, where standard functionality can be manipulated to bypass security boundaries.

     

  • NITI Aayog Plans INR 7,500 Crore Push to Boost India’s Sports Goods Industry

    India is preparing for a major industrial upgrade in its sports goods and equipment sector, with NITI Aayog proposing ₹7,500 crore in structural reforms and fiscal incentives for the period 2027–2031. The initiative aims to position India as a globally competitive hub for sports manufacturing while significantly boosting exports, employment, and innovation.

    This ambitious roadmap is built around a seven-pronged strategy designed to strengthen production capacity, modernise infrastructure, and integrate Indian manufacturers into global supply chains.

    India’s Sports Manufacturing Sector Set for Major Expansion

    The sports goods industry in India has traditionally been driven by small and medium enterprises, but global demand for fitness equipment, sportswear, and performance gear is rising rapidly. Recognising this opportunity, the proposed policy framework focuses on scaling up domestic manufacturing capabilities.

    The goal is clear: transform India from a cost-based supplier into a quality-driven global exporter of sports equipment.

    Key Objectives of the ₹7,500 Crore Reform Plan

    The proposed strategy focuses on long-term structural transformation rather than short-term subsidies. Key priorities include:

    • Expansion of modern manufacturing clusters

    • Technology upgradation in production units

    • Improved testing, certification, and quality standards

    • Better logistics and supply chain efficiency

    • Incentives to attract private and foreign investment

    • Strengthening export-oriented production systems

    These reforms are designed to improve efficiency, reduce costs, and enhance global competitiveness.

    Boosting Exports and Global Market Share

    A major focus of the initiative is to increase India’s presence in the global sports goods market. Currently, India holds a relatively small share despite strong domestic manufacturing potential.

    The policy aims to:

    • Increase exports of sports equipment and fitness products

    • Improve international quality compliance standards

    • Promote “Made in India” branding in global markets

    • Strengthen trade competitiveness against established exporters

    If successfully implemented, India could emerge as a key alternative manufacturing hub for global sports brands.

    MSMEs at the Core of Growth Strategy

    Micro, small, and medium enterprises form the backbone of India’s sports manufacturing ecosystem. The reform plan places strong emphasis on supporting MSMEs through:

    • Easier access to credit and incentives

    • Skill development and workforce training

    • Cluster-based industrial development

    • Integration into global value chains

    This is expected to create large-scale employment opportunities, especially in traditional manufacturing regions.

    Economic and Employment Impact

    The sports goods sector has the potential to become a high-employment industry, particularly for semi-skilled and skilled workers. The proposed reforms are expected to:

    • Generate new manufacturing jobs

    • Strengthen export-linked income opportunities

    • Encourage entrepreneurship in small-scale industries

    • Support regional industrial development

    States with existing manufacturing clusters are likely to benefit significantly from this growth push.

    Conclusion

    NITI Aayog’s proposed ₹7,500 crore reform package marks a strategic step toward transforming India’s sports goods industry into a globally competitive manufacturing powerhouse. By combining infrastructure development, export promotion, and MSME support, the initiative aims to unlock long-term growth potential in a sector with rising global demand.

    If implemented effectively, this vision could place India firmly on the global map as a leading exporter of sports goods and equipment by the end of the decade.

  • Large imaging study changes understanding of the origins of Parkinson’s rest tremor

    A Finnish clinical imaging study shows that rest tremor in Parkinson’s disease is not explained by greater dopamine loss. In contrast, tremor appears to be associated with relatively better-preserved dopamine function.

     

    Large imaging study changes understanding of the origins of Parkinson’s rest tremor

     

    Researchers from the University of Turku and Turku University Hospital, Finland, analysed clinical data and dopamine transporter (DAT) imaging data from 414 Finnish patients. The cohort consisted of patients examined in routine clinical practice for uncertain parkinsonism or tremor, making the findings exceptionally well generalisable to real-world clinical settings. The results were published on 19 March 2026 in Neurology®, the prestigious medical journal of the American Academy of Neurology.

    The cardinal motor symptoms of Parkinson’s disease are slowness of movement (bradykinesia), muscle stiffness (rigidity), and rest tremor. Bradykinesia and rigidity are known to reflect degeneration of dopamine-producing neurons. Because most brain pathways cross, this association is typically observed in the striatum on the side opposite to the symptoms. In contrast, the biological basis of rest tremor has long remained uncertain.

    The study revealed a clear and consistent phenomenon: rest tremor was associated with higher dopamine transporter binding in the striatum on the same side as the tremor. Other cardinal motor symptoms, however, showed the expected correlation with dopamine deficits in the opposite hemisphere.

    “These results show that more severe rest tremor is not simply a marker of more advanced damage to the dopamine system,” says the lead author, Neurologist Kalle Niemi, MD, PhD. “Tremor appears to involve a partly distinct neurobiological mechanism.”

    The findings confirm the group’s earlier observations made using data from the international Parkinson’s Progression Markers Initiative (PPMI) cohort, where a novel imaging analysis technique developed by the research team was first applied. The replication of the results in an independent and clinically representative cohort strengthens the reliability of the observed phenomenon.

    “Our findings support the view that different symptoms of Parkinson’s disease may be driven by partly distinct neural network and neurotransmitter mechanisms,” Niemi explains. “This may help explain why tremor behaves differently from symptoms such as bradykinesia.”

    Using the same methodological framework, the research team also demonstrated that key non-motor symptoms of Parkinson’s disease including depression, anxiety, and REM sleep behaviour disorder are primarily linked to monoaminergic systems other than dopamine.

    Taken together, these findings reinforce the concept of Parkinson’s disease as a complex brain disorder involving alterations across multiple neural networks and neurotransmitter systems.

    A more precise understanding of the biological differences between symptoms may, in the future, enable the development of more targeted and personalised treatment approaches.

    > Read the research article

     

  • AAEON to Present Elite Networking Platforms at Upperside World Congress

    AAEON to Present Elite Networking Platforms at Upperside World Congress

    AAEON will be at Booth 306 of Le Palais des Congrès de Paris between March 24th and March 26th, 2026.

     

    (Taipei, Taiwan – Mar 20) AAEON, a leading producer of AI and networking platforms, will present a range of new products at the Upperside World Congress from March 24th – 26th, 2026.

    Date: March 24 – 26, 2026

    Booth: 306

    Venue: Palais des Congrès de Paris, Paris, France 

    The event, which is expected to host over 1,000 participants from 60 countries and 268 companies, will include a number of discussions and keynote speeches from leading industry figures, heavily focused on the role of AI and machine learning in critical networking infrastructures, as well as exploring the issues and challenges faced in scaling modern datacenter architectures.

    AAEON will be at booth 306, and will showcase a range of networking and security appliances, with particular emphasis on their utility for uCPE, SD-WAN, UTM, and NGFW solutions, such as:

    FWS-2290 & FWS-2291 – Desktop network appliances featuring both Intel Processor N-series and Intel Atom® Processors x7000RE Series for the Edge CPUs, ideally suited to uCPE, SD-WAN, and UTM deployments.

    FWS-2370 – High-performance desktop network appliance powered by the Intel Atom® Processor C5315, boasting up to 14 LAN ports, on-chip technologies such as Intel® QAT and Intel® VT-d/VT-x, and 5G, 4G/LTE, Wi-Fi, cellular, and network module support.

    FWS-7851 – An enterprise-grade security appliance supporting 12th, 13th, and 14th Gen Intel® Core™ Processors, up to ten 2.5GbE RJ-45 ports, and dual GbE SFP ports, with optional 10GbE SFP+ expansion.

    FWS-7700 – High-performance Rackmount Network Appliance featuring Intel® Xeon® 6 Processors and modular NIM slot expansion.

    Among its portfolio of hardware platforms, AAEON will also be showcasing an array of NIM modules compatible with upcoming Rackmount Network Appliances, facilitating functions such as dual 100-Gigabit Ethernet connectivity for high-performance server and network security gateway deployments.

    Make sure to use the code 30620UWCP6BR for a 20% discount on admission to visit AAEON at Booth 306 from March 24 – 26, 2026.

  • Delhivery Announces Appointment of Ms. Neelam Dhawan as Independent Director and Board Chairperson

    Gurugram, India Mar 20: Delhivery today announced the appointment of Ms. Neelam Dhawan as a Non-Executive Independent Director, effective March 20, 2026. Ms. Dhawan will also be designated as the Chairperson of the Board of Directors, effective April 1, 2026. She succeeds Mr. Deepak Kapoor, who is stepping down from the Board of Delhivery after a tenure of over eight years, as announced in Delhivery’s regulatory filing on January 31, 2026.

    “We are delighted to welcome Neelam Dhawan to the Delhivery Board as our Chairperson. Her exceptional track record in leading some of the world’s most iconic technology companies, as well as her diverse set of experiences as a seasoned Board Member will be invaluable as Delhivery continues to scale its technology-led logistics platform. Neelam’s leadership will further strengthen our governance framework and strategic vision,” said Sahil Barua, MD & Chief Executive Officer, Delhivery.

    A graduate in Economics from St. Stephen’s College and an MBA from the Faculty of Management Studies (FMS), University of Delhi, Ms. Dhawan is widely recognized for her expertise in managing complex technology businesses within highly matrixed global organizations. Her experience spans large-scale IT transformations across diverse sectors, including banking, finance, telecommunications, manufacturing, healthcare, and government. Ms. Dhawan brings over three decades of leadership experience in the technology industry, having held the role of Managing Director at HP India Sales Private Limited, Hewlett-Packard Enterprise India Private Limited, and Microsoft Corporation (India) Private Limited.
     
    Recognized by Fortune, Forbes, and Business Today as one of the ‘Most Powerful Women in Business’, Ms. Dhawan has been a pivotal figure in shaping India’s IT industry. She served on the NASSCOM Executive Council from 2009 to 2017, contributing significantly to industry strategy and public policy. She is also a vocal advocate for workplace diversity and women in technology, actively supporting various STEM education initiatives for girls. Ms. Dhawan currently serves as an Independent Director on the boards of Hindustan Unilever Limited, Tech Mahindra Limited, Ather Energy Limited, Fractal Analytics Limited, and Capillary Technologies India Limited and Capita PLC. She is also a Director on the board of Nudge Lifeskills Foundation.


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  • India Launches INR 497 Crore RELIEF Scheme to Safeguard Exporters Amid West Asia Trade Disruptions

    India Launches INR 497 Crore RELIEF Scheme to Safeguard Exporters Amid West Asia Trade Disruptions

    Pic Credit: Pexel

    In a significant move to protect India’s export ecosystem from rising global uncertainties, the government has rolled out a ₹497 crore initiative titled Resilience & Logistics Intervention for Export Facilitation (RELIEF). The scheme is designed to cushion exporters particularly MSMEs against escalating logistics costs, shipping disruptions, and insurance pressures triggered by ongoing instability in West Asia.

    With key trade routes passing through the Gulf region facing repeated disruptions, Indian exporters have been dealing with delayed shipments, rerouted cargo vessels, and sharply increased freight and insurance charges. The new intervention aims to provide immediate financial and operational relief during this volatile period.

    A Response to Rising Global Trade Pressure

    West Asia remains one of India’s most critical export corridors, connecting major markets such as the UAE, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, Iraq, Iran, Israel, and Yemen.

    However, recent geopolitical tensions have led to:

    • Increased shipping time due to route diversions

    • Significant rise in freight and logistics costs

    • Higher marine insurance and war-risk premiums

    • Contract uncertainties for small exporters

    The RELIEF scheme has been introduced as a time-sensitive buffer mechanism to ensure that export activity continues smoothly despite these disruptions.

    What the RELIEF Scheme Offers

    The ₹497 crore package is structured around three targeted support mechanisms designed to reduce financial stress and improve export stability.

    1. Flexible Export Compliance

    Exporters operating under Advance Authorisation and EPCG schemes will benefit from automatic extension of export obligations without penalties, reducing regulatory pressure during disrupted trade cycles.

    2. Strengthened Insurance Coverage

    The Export Credit Guarantee Corporation of India (ECGC) will expand coverage for shipments between March 16 and June 15, ensuring:

    • Stable insurance premiums despite global volatility

    • Protection against war-risk and disruption-related losses

    • Greater confidence for exporters engaging in high-risk routes

    3. MSME-Centric Support

    Recognising the vulnerability of small exporters, the scheme offers:

    • Assistance for MSMEs previously outside formal insurance coverage

    • Partial relief for rising freight and logistics expenses

    • Easier access to export credit protection mechanisms

    This targeted approach is expected to stabilise the most affected segment of India’s export community.

    Why MSMEs Stand at the Centre

    Micro, Small and Medium Enterprises form the backbone of India’s export sector, but they are also the most exposed to sudden global shocks. Rising shipping costs and delayed payments can severely impact their cash flow and competitiveness.

    By directly supporting MSMEs, the RELIEF scheme aims to:

    • Prevent order cancellations

    • Maintain liquidity flow

    • Ensure continuity in international contracts

    • Strengthen resilience against external shocks

    Broader Economic Impact

    Beyond immediate relief, the scheme carries wider implications for India’s trade strategy:

    Protecting Export Competitiveness

    India’s exporters can continue servicing global markets without losing ground to competitors affected by similar disruptions.

    Stabilising Supply Chains

    By reducing uncertainty in shipping and insurance, the scheme helps maintain smoother trade flows.

     Strengthening Global Trust

    Consistent government backing enhances India’s reputation as a stable and reliable export partner.

    Supporting Recovery in Volatile Times

    The intervention ensures that temporary geopolitical shocks do not translate into long-term business losses.

    Conclusion

    The ₹497 crore RELIEF scheme marks a timely and strategic intervention aimed at insulating India’s export sector from external shocks in West Asia. By combining compliance flexibility, insurance protection, and MSME-focused support, the initiative provides a crucial safety net for exporters navigating an increasingly uncertain global trade environment.

    In essence, it is not just a financial package—it is a stabilisation effort to ensure that India’s export engine continues to run smoothly even amid global turbulence.

     

  • Odisha’s Emerging Mining Boom: From Diamonds to Rare Minerals Driving Economic Growth

    Odisha, already recognised as one of India’s most mineral-rich states, is entering a new phase of exploration and opportunity with the reported discovery of diamonds and other valuable minerals. These findings are positioning the state as a future hub not only for traditional mining but also for high-value resources that could significantly reshape its economic landscape.

    Odisha’s Emerging Mining Boom: From Diamonds to Rare Minerals Driving Economic Growth

    Pic Credit: Pexel

    Recent Breakthrough: Diamond Traces in Nuapada

    In a major development, diamond-bearing rock formations have been identified in the Kalamidadar region of Nuapada district. The discovery, highlighted in the state assembly, has generated strong interest among policymakers and experts. Detailed geological and feasibility studies are currently underway to assess whether commercial extraction is viable.

    Alongside this, indications of ruby deposits have been reported in Kalahandi, while potential gold-bearing zones have been identified in districts such as Mayurbhanj and Keonjhar. Together, these findings underline the largely untapped and diverse mineral potential beneath Odisha’s surface.

     A Diversifying Mineral Landscape

    Odisha’s mineral profile is expanding beyond its traditional strengths in iron ore, bauxite, and manganese. Recent surveys and exploration activities have indicated the presence of several valuable resources, including:

    • Diamonds in Nuapada

    • Ruby deposits in Kalahandi

    • Gold indications in Mayurbhanj, Keonjhar, and Deogarh

    • Copper, graphite, and nickel in parts of the state

    In addition, potential rare mineral zones along the coastal belt are drawing attention due to their importance in modern industries such as electronics, renewable energy, and electric mobility.

    This evolving mineral base is steadily enhancing Odisha’s position as one of India’s most resource-diverse states.

    Economic Impact: A Potential Game Changer

    1. Investment and Industrial Growth

    The possibility of high-value mineral extraction is expected to attract significant interest from investors and industry players. Once feasibility is confirmed, Odisha could see a surge in mining-related industrial activity.

    2. Employment and Regional Development

    Mining and allied industries have the potential to generate large-scale employment opportunities. Regions such as Nuapada and Kalahandi could benefit from improved infrastructure, income generation, and broader socio-economic development.

    3. Growth of Supporting Industries

    A strengthened mining ecosystem can support multiple sectors, including mineral processing, logistics, engineering services, and jewellery manufacturing. This creates strong opportunities for small and medium enterprises as well.

    4. Strategic Importance for Future Industries

    Critical minerals like graphite, nickel, and rare earth materials are essential for electric vehicles, batteries, and advanced manufacturing. Odisha’s growing mineral base could play an important role in India’s transition toward clean energy and high-tech industries.

    Policy Direction and Future Outlook

    The state government is focusing on scientific exploration, detailed feasibility studies, and sustainable development planning before any large-scale mining begins. Future strategies are likely to include structured mineral auctions to ensure transparency and encourage responsible private participation.

    Environmental safeguards and long-term sustainability are expected to remain central to policy decisions as the sector expands.

    Conclusion

    The discovery of potential diamond, gold, and other high-value mineral zones marks an important shift in Odisha’s economic trajectory. While exploration is still ongoing, the findings highlight the state’s growing importance in India’s mineral future.

    If developed responsibly, this emerging mining landscape could transform Odisha into a major high-value mineral and industrial hub, driving economic growth, employment, and long-term development.

  • ZF Friedrichshafen AG Surpasses 2025 Performance Targets, Strengthens Profitability and Strategic Focus

    Mar 20:  ZF Friedrichshafen AG reported improved operating performance for fiscal year 2025, exceeding its guidance for profitability and cash flow despite a challenging global economic environment.

    The company’s adjusted EBIT margin increased to 4.5%, up from 3.5% in 2024, while adjusted EBIT rose to €1.7 billion. Adjusted free cash flow surged significantly, reaching €1.4 billion compared to €305 million in the previous year.

    Although Group sales stood at €38.8 billion, reflecting a nominal decline year-on-year, ZF achieved organic growth of 0.6%, demonstrating resilience amid subdued market demand and macroeconomic volatility.

    Focus on Profitability and Efficiency

    CEO Mathias Miedreich stated:
    “Operationally, we surpassed our 2025 targets. Our efficiency program is gaining traction, and performance and profitability remain our top priorities. We are focused on rebuilding profitability while maintaining strong business momentum.”

    The company continues to prioritize financial discipline, targeted investments, and organizational agility to strengthen long-term competitiveness. A key focus remains on reducing financial liabilities and enhancing operational efficiency.

    Strengthening Financial Position

    ZF reduced its net debt to €10.2 billion, reflecting ongoing deleveraging efforts. CFO Michael Frick emphasized that the company will continue pursuing organic debt reduction alongside selective divestments, reinforcing financial stability and investor confidence.

    Strategic Realignment Gains Momentum

    As part of its transformation strategy, ZF made significant structural changes:

    • Divestment of its Advanced Driver Assistance Systems (ADAS) business to Harman International, strengthening focus on core segments

    • Establishment of its wind power business as a standalone unit

    • Continued restructuring of the Electrified Powertrain Technology Division

    Additionally, ZF discontinued several non-profitable electric mobility projects, resulting in a one-time accounting charge but enabling greater strategic flexibility moving forward.

    Despite reporting a net loss due to these one-time effects, the company highlighted strong customer confidence, supported by major contracts such as continued collaboration with BMW Group for advanced transmission technologies.

    Workforce and Operational Adjustments

    ZF’s global workforce stood at approximately 153,000 employees at the end of 2025, reflecting a planned reduction aligned with its restructuring roadmap. The company continues to implement workforce optimization measures through voluntary programs and operational efficiencies.

    Investment and Innovation

    The company maintained strong focus on innovation, with research and development spending totaling €3.3 billion, positioning ZF among Europe’s leading corporate R&D investors. Capital expenditure was optimized in line with market conditions and strategic priorities.

    Outlook for 2026

    ZF expects continued market uncertainty in 2026, particularly in the commercial vehicle segment, with no significant increase in demand anticipated. The company forecasts stable sales levels and aims for:

    • Adjusted EBIT margin between 4.0% and 5.0%

    • Adjusted free cash flow exceeding €1 billion

    CEO Mathias Miedreich also highlighted the need for regulatory flexibility in Europe, particularly around hybrid technologies, to support the transition toward sustainable mobility.

    Driving Forward with Resilience

    With a clear focus on profitability, disciplined financial management, and strategic realignment, ZF remains committed to navigating market challenges while positioning itself for long-term growth and innovation in the global mobility sector.

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  • Pakhala Dibasa Goes Global as Odisha Celebrates Food, Culture and Sustainability

    Observed on March 20 each year, Pakhala Dibasa has grown from a simple culinary tradition into a vibrant cultural celebration for Odias across the globe. What was once a humble summer meal is now a symbol of identity, heritage, and community bonding.

    Pakhala Dibasa Goes Global as Odisha Celebrates Food, Culture and Sustainability

    Pic Credit:https://x.com/MohanMOdisha

    Pakhala—fermented rice soaked in water and often mixed with curd—is cherished for its cooling properties and probiotic benefits, making it ideal for the hot summer months. Beyond its nutritional value, it represents a way of life deeply rooted in Odisha’s traditions.

    This year, the scale of celebrations has expanded significantly. Leading hospitality brands such as Nimantran, Mayfair, and Swosti Premium are offering elaborate “Gourmet Pakhala Thalis,” some featuring up to 20 traditional side dishes. These curated spreads are drawing food lovers and tourists, giving the traditional dish a modern and luxurious presentation.

    What truly stands out is the global participation. With millions of households and members of the Odia diaspora across more than 20 countries observing the day, Pakhala Dibasa has evolved into an unofficial “national day” for Odias worldwide. As temperatures rise, people come together over a bowl of pakhala, celebrating not just food but shared heritage and collective memory.

    The festivities also include cultural events such as the two-day Pakhala Paraba held at Panthanivas, where Odisha’s culinary richness is showcased alongside discussions on sustainability and traditional food practices. The event was inaugurated by Deepankar Mohapatra and will be attended by key leaders including Chief Minister Mohan Charan Majhi and Deputy Chief Minister Pravati Parida.

    A major highlight this year is the state’s attempt to set a Guinness World Records benchmark by preparing the largest serving of pakhala—estimated at 800–850 kg. Organised in collaboration with the Robin Hood Army, the initiative emphasizes sustainability and a zero-waste approach.

    Meanwhile, Cuttack is hosting vibrant community celebrations at Barabati Fort, bringing people together from midnight through the afternoon. Local leaders, including Subhash Singh, have highlighted how pakhala has evolved from a modest household dish to one that is widely appreciated for both its health benefits and cultural significance.

    In my own home, the preparation of pakhala remains a cherished ritual. Cooked rice is cooled and soaked in water, often with a touch of curd, allowing it to ferment slightly and develop its signature tang. For lunch, it is served with a variety of traditional sides such as aloo bharta, saga bhaja, badichura, and roasted dishes like baigana poda and bilati poda. Sometimes, crispy sukhua bhaja is added for an extra burst of flavor, along with simple accompaniments like green chilies and onions.

    More than just a meal, Pakhala Dibasa is a reminder of Odisha’s rich food heritage and sustainable eating practices. Whether enjoyed at home, in restaurants, or at community gatherings, a bowl of pakhala continues to unite people—offering comfort, nourishment, and a deep connection to cultural roots.