Category: Business

Discussions touched on how continued growth of Montenegro’s motorsport can help boost the economy

Dubai, UAE, Apr 23: FIA President H.E Mohammed Ben Sulayem has met with Montenegrin Prime Minister Milojko Spajić to strengthen cooperation between the Fédération Internationale de l’Automobile (FIA) and Montenegro.

The meeting in Tivat yesterday provided an opportunity to discuss the FIA’s leadership across both motorsport and mobility, and to explore areas of collaboration aligned with Montenegro’s national priorities.

Motorsport and tourism were key topics of the meeting. The discussion touched on how the continued growth of Montenegro’s motorsport can help boost the economy, bring more visitors to Montenegro, and raise the country’s international profile, while ensuring events are run safely and sustainably.

Another key focus was Montenegro’s ambition to become a regional leader in road safety. President Mohammed Ben Sulayem shared how the FIA helps countries use data to better understand accidents, improve roads, and make driving safer.

This includes global tools like the FIA Road Safety Index (RSI), which helps track and measure progress using cutting-edge AI. Both leaders agreed that using data and new technology is essential to making real improvements for everyday road users.

The Prime Minister and President also spoke about the importance of keeping people safe online through the FIA’s United Against Online Abuse (UAOA) campaign. They highlighted the need to promote respect and protect users, especially young people and those involved in sport, from online abuse.

H.E. Mohammed Ben Sulayem, FIA President, said: “Montenegro is a country with clear ambition to lead in road safety. We are delighted to work with them to help bring that ambition to life by combining innovation, data, and collaboration.

“Together with the Auto-moto Association of Montenegro, we will work to deliver safer roads, more efficient mobility systems, and continued growth in motorsport, helping to build a future that is safer, more sustainable, and more connected for all.”

The FIA President has been in Montenegro to attend the FIA Region I Spring Meeting hosted in Budva by the Auto-moto Association of Montenegro.

Reaching its conclusion later today, the meeting brought together 102 FIA Member Clubs across Europe, the Middle East and Africa for three days of collaboration, innovation and knowledge sharing to advance safe and sustainable mobility for motorsport fans and road users.

“World Earth Day is a timely reminder that sustainability must be embedded into everyday decision-making. This year’s theme is “Our Power, Our Planet”, which stresses on Individual/Community action for driving Sustainability. As part of this initiative, our focus should be on reducing plastic use which highlights the need for practical, consistent actions that lower environmental impact. Aligned with the Government of India’s efforts led by the Ministry of Environment, Forest and Climate Change (MoEF&CC) on Climate Action, Energy Transition, and improved Waste Management Practices, there is a growing emphasis on responsible resource use and circularity across sectors.

At Emaar India, we believe responsible development starts with conscious choices, right from design and material selection to construction and long-term operations. Reducing waste, improving efficiency, and adopting more sustainable construction practices are key to building spaces that are both high quality and environmentally responsible.

As we celebrate this day, we remain committed to doing our part, curating the path that supports a more sustainable future for our communities.” – Mr. Kalyan Chakrabarti, CEO, Emaar India

Mumbai, Apr 23: Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for the quarter and year ended March 31, 2026.

Financial highlights for the year (USD)

• Revenue USD 6,385 Mn
• up 1.9% YoY in reported terms
• up 0.6 % YoY in constant currency terms
• EBIT $ 797 Mn, up 31.4% YoY
• EBIT margin 12.6%, up 290 bps YoY
• PAT $ 537 Mn, up 7.0% YoY
• Free cash flow USD 616 Mn
• New deal wins TCV USD $3,794 Mn, up 41.6% YoY

Financial highlights for the quarter (USD)

• Revenue USD 1,625 Mn
• up 0.9% QoQ, up 4.9% YoY in reported terms
• up 0.6 % QoQ, up 2.4% YoY in constant currency terms
• EBIT USD 223 Mn, up 5.5% QoQ, up 36.3% YoY
• EBIT Margin 13.8%, up ~70 bps QoQ, up ~330 bps YoY
• Profit After Tax (PAT) USD 145 Mn, up 6.7% YoY
• Reported Profit After Tax (PAT) Margin 9.0 %, up 30 bps YoY
• New deal wins TCV USD 1,073mn; up 34.5% YoY and down 2.1% QoQ

Financial highlights for the year (₹)

• Revenue ₹ 56,815 crores, up 7.2% YoY
• EBIT ₹ 7,152 crores, up 39.2% YoY
• Profit After Tax (PAT) ₹ 4,811 crores, up 13.2% YoY

Financial highlights for the quarter (₹)

• Revenue ₹ 15,076 crores, up 4.7% QoQ, up 12.6 % YoY
• EBIT ₹ 2,084 crores, up 10.2% QoQ, up 48.3% YoY
• Profit After Tax (PAT) ₹ 1,354 crores, up 16.0% YoY
• Diluted Earnings per share (EPS) at ₹ 15.24

Other Highlights

• Total headcount at 147,623; down 1,108 YoY
• LTM IT attrition at 12.1%
• Days of Sales Outstanding 89 days
• Cash and Cash Equivalent at the end of the quarter ₹ 8,456 crores

Mohit Joshi, CEO and Managing Director, Tech Mahindra, said, “We are accelerating our transition to an AI-led organization, embedding AI across services and expanding our capabilities to enhance value delivery for our clients. This is reflected in our highest deal wins in recent years including consecutive quarters exceeding $ 1 billion. We remain focused on scaling with discipline and are on track to delivering our FY27 commitments.”

Rohit Anand, Chief Financial Officer, Tech Mahindra, said, “FY26 marked the end of the Stabilization Phase of our transformation journey, with margins expanding for the 10th consecutive quarter despite a challenging macro environment. In line with our disciplined capital allocation framework and commitment to our shareholders, we increased the dividend by over 13%, taking total dividends declared for the year to ₹51 per share, our highest ever.”

Key Deal Wins

• Won a large, multi-year AI-led transformation and outsourcing engagement with a major European telecommunications operator, spanning global customer support, quote-to-bill operations, and post-sales services. Agentic AI is embedded into the operating model via a proprietary orchestration platform to drive zero-touch operations, automation-led efficiency, and a joint go-to-market for AI-first services.
• Selected by a leading North American automotive OEM as a strategic partner for application development and support across mission-critical enterprise systems. Leveraging capabilities in application engineering, integration, automation, AI and data enablement, this engagement will reduce technical debt, improve operational efficiency, and accelerate delivery of enhancements, advancing the client’s digital transformation priorities and supports long-term scalability and cost optimization across North American operations. 
• Selected by a European retail bank as a strategic partner for managed services engagement. This engagement leverages Tech Mahindra’s deep Banking and Financial Services domain expertise and proven delivery excellence to drive operational efficiency through optimized delivery models, enhancing security and regulatory compliance through robust, future-ready technology frameworks, and enabling scalable IT architecture to support growth and evolving regulatory needs. 
• Selected by a Fortune 500 energy major as the sole strategic partner to run and manage infrastructure, cloud, service desk, end-user computing, and allied services while driving measurable efficiency across the technology estate. Leveraging Tech Mahindra’s cloud and infrastructure modernization expertise and internal proprietary platforms, the program will embed AI-enabled processes and platform-led improvements to optimize spend, strengthen day-to-day operations and enhance end-user experience. 
• Selected by a leading global public health alliance as a strategic partner for a managed services engagement. Reflecting strong confidence in Tech Mahindra’s delivery excellence and domain expertise, the engagement focuses on sustaining high service quality and operational agility, while enabling continuous digital innovation to drive efficiency and mission-aligned transformation.
• Selected by a global technology major to expand lab-based testing and certification services for its connected device ecosystem. Leveraging Tech Mahindra’s global lab footprint and deep engineering expertise, the program will support broader coverage across evolving connectivity-led use cases.

Business Highlights

• Closed FY26 with the highest ever deal wins of $ 3,794 Mn in the last five years, reflecting stronger client confidence in Tech Mahindra’s transformation capabilities and solution-led go-to-market and Finished Q4 with the highest YoY constant currency growth in 3 years
• Secured large telco wins over consecutive quarters that are aimed at accelerating innovation, strengthening digital resilience, and achieving AI-led operational efficiencies. This underlines our deep domain capabilities in the telecommunication industry and client trust.
• Launched an education-focused LLM at the India AI Impact Summit. Scaled to eight billion parameters, the new model supports agentic AI in Hindi and debuts as an educational model focused on democratizing high-quality learning
• IndusLLM is positioned as a template to be adopted globally in Sovereign AI deployments through a successful demonstration on Intel’s next-gen Panther Lake architecture.
• Launched Agentic Payment Assistance & Collections Optimization Solution for Telcos at Mobile World Congress 2026. The solution helps global telecommunications operators efficiently discover, test, deploy, and manage a wide range of software solutions, including pre-built AI agents
• Collaborated with Microsoft to launch an ontology-driven Agentic AI platform that accelerates telecom and enterprise data modernization. Built on Microsoft Fabric and Azure AI Foundry, the solution enables explainable, auditable, and real-time AI-powered decision-making while supporting secure, governed deployment of AI agents.
• Collaborated with NVIDIA to introduce an industry-first AI-powered Telco Network Operations Reasoning Agent. The solution is designed to help Communication Service Providers (CSPs) accelerate their journey toward Level 4+ (L4+) autonomous networks by transforming traditional Network Operations Centers (NOCs) into intelligent, closed-loop operations.
• Partnered with Fortinet, a global cybersecurity leader driving the convergence of networking and security, to deliver a Managed Secure Access Service Edge (SASE) solution. The joint solution aims at enabling secure and scalable digital transformation for enterprises globally by combining Tech Mahindra’s advisory, transformation, and managed services covering networking and security, with the Fortinet Unified SASE solution.
• Partnered with FICO to help BFSI organizations accelerate value creation through AI-powered decisioning and advanced analytics. This partnership will deliver end-to-end consulting, implementation, and managed services, enabling enterprises to fully leverage the capabilities of FICO Platform and realize faster, measurable business outcomes.
• Partnered with SCSK Asia Pacific. The partnership aims to accelerate the global expansion of SCSK’s ADVENTURECluster—an advanced Computer-Aided Engineering (CAE) solution and fast-track product development lifecycles for engineering organizations by streamlining the design and validation stages through cutting-edge CAE capabilities.
• Partnered with Rubrik, a security and AI operations company. Together, the organizations will deliver a joint Cyber Recovery as a Service (CRaaS) solution to help enterprises restore operations quickly and securely following cyber incidents.

Awards and Recognitions

• Awarded ‘Retailers’ Favorite’ at the NRF VIP Awards, underscoring retail trust placed in Tech Mahindra’s reliable and outcome-driven transformation services
• Recognized in S&P Global Sustainability Yearbook 2026 as one of only two organizations worldwide in the IT Services industry to be recognized in the Top 1% category, underscoring its leadership in environmental, social, and governance (ESG) performance
• Recognized Amongst MINDS 2nd Cohort by World Economic Forum for Advancing Linguistic and Digital Equity Through AI
• Rated A in CDP Supplier Engagement Assessment.
• Secured ninth place globally in the Brand Strength Index (BSI) rankings.
• Won Google Cloud Partner of the Year award for Manufacturing
• Won the CIO Choice 2026 Award for delivering Mahindra & Mahindra’s enterprise-scale data and AI transformation

Analyst Ratings & Recognitions

• Everest Group’s Private Equity (PE) Services PEAK Matrix® Assessment 2026 – Major Contender and Star Performer
• Travel, Transportation, and Hospitality Digital Services 2025 RadarView – Leader
• CX Services  in Travel  & Hospitality  2026 – Overall
• CX Services  in Travel  & Hospitality  2026 – CX Improvement Capability – Leader
• CX Services  in Travel  & Hospitality  2026 – Revenue  Generation Capability – Leader
• CX Services  in Travel  & Hospitality  2026 – Cost  Optimization  Capability – Leader

Bengaluru, Apr 23: Amazon India today announced that it plans to invest over INR 2800 crore (~USD 300M) to further strengthen associate safety, health, and financial wellbeing measures while strengthening one of India’s safest, fastest and most reliable operations network. This investment is part of the company’s broader plan to invest more than $35 billion in India by 2030, focusing on business expansion as well as three strategic pillars: AI-driven digitization, export growth, and job creation. Amazon will continue to expand both its core and quick commerce footprint to continue serving customers across India in minutes, hours, and days. This investment builds on the company’s INR 2000 crore (~USD 233M) investment in 2025, which enabled the launch of 17 new fulfillment centers, six sortation centers, and 75 last-mile delivery stations across India. In 2025, Amazon also launched its quick commerce offering, Amazon Now, and has since scaled it to over 300 micro-fulfillment centers across key cities to enable safer, faster deliveries.

“Since launching Amazon.in in 2013, we have built one of India’s safest, fastest, and most reliable operations networks, serving customers across every serviceable pin code in the country. At the heart of this network are our people, and we remain committed to raising the bar on associate safety, health, and financial wellbeing. This year, we are investing over INR 2800 crore (~USD 300 million) to further strengthen these efforts, while continuing to scale our operations network and advance the technology that enables faster, safer, and more reliable deliveries for customers. Our initiatives also align with national priorities such as Ayushman Bharat and Pradhan Mantri Jan Dhan Yojana, helping expand access to healthcare and financial inclusion for our associates,” said Abhinav Singh, VP – Operations, Amazon India and Australia.

Strengthening associate safety, health, and financial wellbeing

Amazon’s programs and initiatives for associates working across the network have long been aligned with several of the standards notified under the Labour Codes. This latest investment will further strengthen efforts focused on healthcare and financial security for tens of thousands of associates and partners. The efforts in 2026 include scaling Project Ashray to provide accessible rest facilities for delivery associates, expanding health and wellness programs such as Sushruta – a wide-ranging health and wellness program for long-haul truck drivers and their family members, along with new initiatives, while enabling access to preventive healthcare through nationwide medical camps. The company is also enhancing medical and accident insurance, while extending financial inclusion and social security access through the Samriddhi program by enabling enrolment in schemes like Ayushman Bharat Health Account and Pradhan Mantri Jan Arogya Yojana for Amazon associates and community members. In addition, Amazon continues to support education for associates’ children through the Pratidhi scholarship and mentorship program, reinforcing its commitment to holistic well-being across its operations network.

Investing in infrastructure and technology to strengthen operations

Amazon will invest in expanding and upgrading its pan-India operations network—including fulfillment centers, sortation centers, and delivery stations—to increase capacity and improve delivery speeds for customers in tier 2 and 3 cities across India. These investments will also support sellers and small businesses and contribute to local economic growth. The company also plans to more than double Amazon Now’s footprint in the cities it currently operates in and to more cities across India. These investments will enable Amazon to serve customers across a wide range of delivery speeds – from minutes to hours to days, based on their needs.

Amazon’s industry-leading facilities are climate controlled and built with advanced engineering systems to improve energy efficiency, enhance workplace safety, and support a more inclusive environment. The company continues to invest in cooling solutions such as enhanced ventilation, fans, spot coolers, access to cold water and hydrating beverages, safety and accessibility features for people with disabilities, and improved rest areas.

Amazon will invest in technology, including artificial intelligence (AI) and machine learning, to make its operations network safer and more efficient. This includes deploying tools to improve on-road safety through alerts for Delivery Service Partners and delivery associates on unsafe driving behaviors, and prompts for rest breaks, as well as using AI models to assess route complexity and enable more equitable workload distribution. It also includes enhancements to the Driver app with better navigation for unstructured addresses, improved earnings transparency, and simplified workflows.

Research-focused initiative to leverage stochastic AI models and spatial analytics for integrated vessel arrival prediction, berth allocation, and emissions insights

 

 

Abu Dhabi, UAE – 23 April 2026: Powering ahead in its adoption of next-generation digital capabilities, AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry and logistics solutions, today announced a strategic partnership and research collaboration agreement with NYU Abu Dhabi.

This multi-year partnership aims to build and pilot a high-fidelity intelligence engine based on stochastic models and spatial intelligence. The engine is designed to serve as a sophisticated decision-support layer for human operators, bringing together vessel arrival time predictions, berth allocation optimisation suggestions, and environmental impact considerations with high precision.

In an industry where global berth waiting times often stretch into multiple days at anchorage, the opportunity to improve planning precision is noteworthy. This high-fidelity intelligence engine aims to further de-risk port call uncertainty and continue port operations fluidity enhancement, resulting in smarter port calls that unlock more capacity without physical expansion.

Furthermore, depending on the vessel type, aligning arrival times with berth allocation can reduce idle time and save fuel burn considerably, minimising environmental harm and facilitating greener port calls.

Mohamed Jamal-Eddine, Group Chief Digital & Information Officer – AD Ports Group, said: “As we continue to reimagine logistics ecosystems to advance the frontiers of global trade, pioneering research and strategic partnerships remain key pillars of our digitally-led approach. By integrating our deep expertise in port operations and trade facilitation with advanced predictive arrival intelligence and resilient operational modelling, we are accelerating the pace towards a future of autonomous decision-support. Through strategic partnerships such as this with NYU Abu Dhabi, we are ensuring that our move to predictive precision is both robust and ethically sound, giving our global partners the certainty they need to navigate an increasingly complex trade landscape.”

This jointly-developed initiative aims to turn variability into reliability and significantly advance terminal-focused decarbonisation transparency, serving as an integrated operational and environmental digital decision layer. As part of a long-term commitment to technological evolution, plans are in place to pilot the initiative at select terminals and trade lanes, with the objective of scaling successful outcomes across the Group’s global network.

Arlie Peters, Provost – NYU Abu Dhabi, said: “At NYU Abu Dhabi, we focus on research that addresses real-world challenges. Our collaboration with AD Ports Group brings together academic expertise and practical insight to strengthen the efficiency, resilience, and sustainability of modern logistics. This partnership reflects Abu Dhabi’s broader ambitions and the UAE’s leadership in trade and infrastructure. By connecting research with application, we aim to support the UAE’s continued role as a global hub for logistics. Led by Professor Ali Diabat from Civil and Urban Engineering, this work develops data-driven approaches to support better decision-making and improve long-term performance across port and logistics operations.”

This partnership represents a powerful synergy of specialised expertise and operational reach. NYU Abu Dhabi brings world-class analytical capabilities and advanced research, providing the scientific rigor needed for high-fidelity modelling. In line with internal data governance controls, AD Ports Group will support the initiative by providing secure access to relevant operational information and by facilitating controlled, real-world pilot deployments across selected terminals and trade lanes, helping translate the high-fidelity engine into an executable, field-tested solution.

Mumbai, Apr 23: Everhome Café, a thoughtfully designed dining space set within a 130-year-old heritage bungalow in Ranwar Village, Bandra West, has opened its doors, offering a unique blend of history, design, and comfort-led dining.

Housed in a structure that has quietly witnessed decades of cultural life—and even served as a backdrop for several Bollywood productions—the café brings a renewed purpose to the space as a warm, community-driven gathering place.

A Space Rooted in Memory and Design

The restoration of the bungalow has been guided by preservation rather than reinvention. Original architectural elements such as wooden frames, arched doorways, cast iron railings, and vintage fittings have been retained in their natural aged state, maintaining the home’s authenticity.

A central highlight is the addition of a glass skylight that opens up a 30-foot ceiling, allowing natural light to flow through the interiors. The space features multiple interconnected rooms with distinct atmospheres, including a central community room, an intimate garden room, and a gallery-style gathering space that leads to an outdoor terrace overlooking Ranwar Village.

Curated interiors include reclaimed wood furniture, restored cabinets, and artifacts sourced from global travels, each contributing to the café’s layered storytelling.

Atil Pavesha, Co-Founder, shared that the vision was to create a space where visitors feel an immediate pause from the fast pace of city life, offering warmth, familiarity, and discovery.

A Menu Built on Comfort and Familiarity

The menu reflects the same philosophy as the space—simple, reliable, and comforting. At its core is Everhome’s signature rustic bread, complemented by a range of breakfast, all-day dining, and dessert offerings.

Breakfast highlights include Turkish eggs, classic scrambles, omelettes, quinoa poha, and paratha pockets, alongside sweeter options such as French toast, pancakes, and parfaits. Open toasts and sandwiches feature ingredients like avocado, burrata, and roasted meats.

The menu extends into small plates, salads, and hearty mains, including pastas, soba noodle bowls, slow-cooked keema, Goan-style vindaloo, grilled chicken, and crusted fish. Desserts range from freshly baked croissants to signature cakes and soft-serve options.

The beverage selection features specialty coffees such as Smoked Cinnamon Cappuccino and Bourbon Vanilla Latte, along with cold brews, matcha, smoothies, and kombucha.

Dipti Gohel, Co-Founder, noted that the menu is designed to feel natural and easy to return to, offering food that complements the calm and unhurried atmosphere of the space.

A New Cultural Address in Bandra

With seating for approximately 100 guests across indoor and outdoor spaces, Everhome Café is positioned as more than just a dining destination—it is a space for connection, reflection, and shared experiences.

Details:

• What: Everhome Café
• When: Open from April 17, 2026 onwards
• Time: 10:00 AM – 10:00 PM
• Where: 1st Floor, Shanti Sadan, 51, Waroda Road, Ranwar, Bandra West, Mumbai – 400050

Café Policies:

• Laptops allowed Monday to Friday
• Pets not allowed

Mahabaleshwar, April 23: Courtyard by Marriott Mahabaleshwar is pleased to announce the appointment of Vikas Ravi Thakre as its new Assistant Manager – Reservations. With over six years of experience in the hospitality industry, Vikas brings a strong blend of operational expertise, guest-centricity, and technical proficiency in reservations management.

Rahul Janve, General Manager, Courtyard by Marriott Mahabaleshwar, said,

“We are delighted to welcome Vikas to our team. His in-depth understanding of reservation systems, coupled with his ability to drive efficiency and enhance guest experiences, makes him a valuable addition to our leadership team. We are confident that his expertise will further strengthen our operations and contribute to our commitment to service excellence.”

Vikas joins the Mahabaleshwar property from Fairfield by Marriott Calangute, Goa, where he most recently served as Assistant Manager – Reservations. In this role, he was responsible for managing both individual and group booking inquiries, monitoring room inventory, and ensuring seamless coordination with sales and front office teams. He also played a pivotal role in generating reservation reports, analysing booking trends, and supporting revenue optimisation strategies.

Prior to this, he worked as a Reservation Executive at the same property, where he streamlined reservation processes and enhanced operational efficiency. His earlier professional experience includes roles at The Fern Residency, Aurangabad, as a Senior Guest Service Associate, and Le Méridien Nagpur as a Front Office Associate, where he developed a strong foundation in guest relations, front office operations, and team coordination.

Commenting on his appointment, Vikas said,

“I am excited to be a part of Courtyard by Marriott Mahabaleshwar and to take on this new responsibility. I look forward to contributing to the hotel’s continued success by ensuring seamless reservation experiences and delivering exceptional service to every guest.”

In his new role, Vikas will oversee the hotel’s reservations function, focusing on optimising booking channels, ensuring accurate forecasting, and maintaining high standards of operational efficiency. He will also work closely with cross-functional teams to elevate guest satisfaction, reduce no-show rates, and enhance overall reservation performance.

Recognised for his consistent performance and dedication, Vikas has received multiple accolades, including “Employee of the Month” and “Associate of the Month” awards. With strong technical expertise in systems such as Opera, Marsha, and HPP, along with his analytical approach and attention to detail, he is well-positioned to further strengthen the reservations function at the hotel.

Bengaluru, Apr 23: SpazeOne, has announced the launch of a new centre in Whitefield, amongst Bengaluru’s most prominent commercial hubs. The new facility strengthens SpazeOne’s presence in the city’s thriving office market while catering to the evolving needs of modern businesses.  Located on the 6th floor of Maruthi Onyx Building, the facility spans 15,000 square foot in its Phase-1 rollout, offering a total seating capacity of 320. Strategically located only 400 meters from the Seetharampalaya Metro Station, the centre is designed to serve enterprises and retail businesses within a 5-7 kilometre radius.

“Bengaluru is witnessing a strong surge in new coworking developments, especially across high-growth corridors like Whitefield, where demand from GCCs, startups and distributed teams continues to rise. This reflects a broader shift in how companies approach office space, with greater focus on flexibility, speed and operational efficiency over traditional leasing. As more centres come up across key micro-markets, businesses now expect ready-to-move-in workspaces that can scale with their growth. Our entry into Whitefield aligns with this momentum, enabling us to cater to evolving enterprise needs while strengthening our presence in one of the city’s most dynamic commercial hubs said James Thomas, Co-Founder and Director – Marketing at SpazeOne. 

As India’s fastest growing office market, Bengaluru remains central to the company’s expansion plans at a time when the demand for managed office spaces is on the rise. According to Colliers’ Global Tech Markets: Top Talent Locations 2025 report, Bengaluru stands out at the 6th position globally, reinforcing its position as India’s leading IT hub on the global stage. Large enterprises and GCCs are leading adoption to support expansion and distributed teams while cost optimisation and operational simplicity continue to accelerate the shift away from traditional office leasing models.

The launch aligns with SpazeOne’s growth and expansion strategy for the financial year 2026-27. As part of this plan, the company intends to open 10 more centres across south India, covering approximately 2.5 lakh sqft across prime locations.  These upcoming centres are expected to further strengthen the company’s footprint and address the growing demand for premium managed office spaces.

As part of its ongoing growth strategy, SpazeOne is expected to further strengthen its presence in Bengaluru, with plans to open three new centres across key micro-markets in the city in the coming months. These upcoming facilities will be aligned with evolving enterprise demand and designed to support scalable, flexible workspace solutions. 

Natixis Corporate & Investment Banking, (Natixis CIB) today announced that it has opened a branch in Gujarat International Finance Tec-City (GIFT City).

This marks a significant milestone in the bank’s long-term strategy to strengthen its presence in India and the wider Asia Pacific region. The GIFT City branch will enable Natixis CIB to drive growth, broaden international diversification, and enhance client servicing capabilities in India.

The branch will be led by Pranav Vyas, Head of Natixis IFSC Banking Unit (IBU), GIFT City. With over 23 years of banking experience, Pranav brings with him a wealth of expertise in building a successful entity in GIFT City. He has a deep knowledge of the Indian market and extensive experience expanding a business franchise in India. He reports to Sanjeev Kumar, Senior Country Manager, Singapore, and Head of South East and South Asia, Natixis CIB.

Bruno Le Saint, CEO, Asia Pacific & Middle East, Natixis CIB, said: “Establishing our new branch in GIFT City is an important step in delivering our Asia Pacific expansion strategy and deepening our regional presence. It reinforces our ability to serve key clients in this fast-growing and strategic market.”

Sanjeev Kumar, Senior Country Manager, Singapore, and Head of South East and South Asia Natixis CIB, added: “The new branch will focus on providing high-value, tailored financing solutions which will support Indian clients with global ambitions, whilst also connecting international clients with India’s vibrant and growing financial market. We are pleased to welcome Pranav Vyas as Head of Natixis IBU, GIFT City, who, as an experienced and strategic leader, will further strengthen the development of our India business. “

Natixis CIB’s branch in GIFT City offers foreign currency-denominated structured products and finance, spanning energy and commodities, infrastructure, aviation, and export financing which includes External Commercial Borrowings. It caters to corporate and institutional clients. In line with operational needs and regulatory frameworks, Natixis CIB plans to scale the branch in tandem with business growth. It is grateful to the Indian government and International Financial Services Centres Authority (IFSCA) for the opportunity.

Kolkata, Apr 23:  IndiGo, India’s preferred airline, has bagged multiple awards recognizing Indigo Stretch, its tailor-made business product, at the World Travel Catering & Onboard Services Expo (WTCE) held in Hamburg, Germany. The airline was recognized across three prestigious industry platforms, underscoring its commitment to elevating customer experience through enhanced functional hospitality, thoughtful design, added comfort, and customer-centric innovation.

IndiGo was conferred the Gold Award – TravelPlus Judges’ Award for Innovation for its Blanket Collectable– the Indigo Stretch overlay at the TravelPlus Airline Amenity Awards 2026. This award recognizes excellence in onboard hospitality, with a strong focus on design, comfort, innovation, sustainability, and customer relevance, evaluated through a customer centric lens. IndiGo’s overlays are unique, thoughtfully designed, each displaying a legacy of regional craft, innovation, and distinctive design. Created to comfort Indigo Stretch customers, the overlays reflect a sense of warmth and connection that endures well beyond the journey. These overlays serve as meaningful keepsakes for passengers from each of their journeys, a one-of-a-kind concept introduced by IndiGo. The IndiGo overlays are accompanied by a booklet and custom-designed reusable fabric bag that embodies the airline’s philosophy of warmth, functionality, and understated style. 

IndiGo was awarded with the Highly Commended honour in the Best Onboard Textiles category at the Onboard Hospitality Awards 2026. This award is among the most established and respected recognitions in the onboard hospitality sector. It acknowledges the airline’s business class textile portfolio, including jacquard overlays designed as collectibles, pillow covers featuring a global map, and onboard amenities such as eye masks and anti-skid socks that combine clever design with practical utility for a cozy, comfortable journey. The recognition was based on design, quality, comfort, and customer relevance.

IndiGo was also announced as the winner of the PAX International Readership Award for Best Business Class Bedding/Soft Product – South Asia, voted by over 15,500 aviation professionals across the PAX International and PAX Tech readerships. The recognition highlights IndiGo’s consistent delivery of superior quality, and thoughtful design across its Business Class product experience.

IndiGoStretch promises an elevated customer experience befitting a long-haul journey to destinations including Manchester, Amsterdam, London Heathrow, and Athens. IndiGoStretch customers can look forward to specially curated complimentary hot meals paired with beverages from award-winning iconic Indian brands, extra legroom, comfortable seating with increased recline, and a suite of premium benefits including priority check-in, anytime boarding, advance seat selection and higher baggage allowance. This is in addition to exclusive overlays onboard, specially designed pillows, a calming sleep spray and essentials such as sustainable dental kits, eye masks, and socks to ensure the overall journey is restful.