Category: Business

  • Global Turbine Asia Advances Aerospace Growth, Capabilities and Talent Development Through Strategic Partnerships

    KUALA LUMPUR, Apr 22 - Global Turbine Asia Sdn. Bhd. (“GTA” or the “Company”), a Malaysian-based engine maintenance, repair and overhaul (“MRO”) and support service provider serving military and civil operators in Malaysia, and a Certified Maintenance Centre (“CMC”) for Safran Helicopter Engines, today exchanged two Memorandum of Understanding (“MoU”) with Airbus Defence and Space (“Airbus DS”)and Universiti Pertahanan Nasional Malaysia (“UPNM”), as well as a Note of Understanding (“NoU”) with Perbadanan Hal Ehwal Bekas Angkatan Tentera (“PERHEBAT”). The signings were witnessed by Yang Berhormat Dato’ Seri Haji Mohamed Khaled bin Nordin, Minister of Defence, Malaysia. 
     

    Global Turbine Asia Advances Aerospace Growth, Capabilities and Talent Development Through Strategic Partnerships

     
     
    MoU exchange between Global Turbine Asia Sdn. Bhd. & Airbus Defence & Space, witnessed by YB Dato’ Seri Haji Mohamed Khaled bin Nordin, Minister of Defence, MINDEF, Malaysia. 

    Global Turbine Asia Advances Aerospace Growth, Capabilities and Talent Development Through Strategic Partnerships

     Note of Understanding between Global Turbine Asia SdnBhd & Perbadanan Hal Ehwal Bekas Angkatan Tenterawitnessed by YB Dato’ Seri Haji Mohamed Khaled bin Nordin, Minister of Defence, MINDEF, Malaysia accompanied by YBhg. Datuk Lokman Hakim bin Ali, Secretary General, MINDEF, Malaysia.

    Global Turbine Asia Advances Aerospace Growth, Capabilities and Talent Development Through Strategic Partnerships

     MoU exchange between Global Turbine Asia Sdn. Bhd. & Universiti Pertahanan Nasional Malaysia, witnessed by YB Dato’ Seri Haji Mohamed Khaled bin Nordin, Minister of Defence, MINDEF, Malaysia. 
     
     The MoUs reflect GTA’s strategic focus on strengthening the aerospace and defence ecosystem through cross-border commercial cooperation, talent development, research partnerships and long-term capability building, aligned with evolving regional industry needs. 

    GTA’s MoU with Airbus DS will evaluate opportunities to develop Malaysia’s military aircraft MRO capabilities and assess GTA as a potential Industrial Collaboration Programme (“ICP”) beneficiary, which will advance local aerospace self-reliance, facilitateknowledge and capability transfer, and supply chain integration, pending approvals. 

    Through its MoU with UPNM, GTA aims to strengthen industry-academia collaboration in research, innovation, talent development, and technical services. Areas of cooperation may include joint R&D, training and postgraduate pathways, technical advisory services, workshops and centres of expertise, as well as potential industry-on-campus initiatives, subject to approvals and separate agreements where required. 

    GTA’s NoU with PERHEBAT supports the career transition of retiring Malaysian Armed Forces personnel and veterans by providing industrial training, workplace exposure, and potential employment opportunities. The collaboration includes job-skills alignment, programme monitoring, and joint initiatives aimed at enhancing the employability and well-being of Veteran Angkatan Tentera Malaysia (“ATM”). 

    Dato’ Nonee Ashirin Dato Mohd Radzi, Executive Chairman of Global Turbine Asia Sdn. Bhd., said, “These MoUs mark an important step in strengthening GTA’s role within the aerospace and defence ecosystem, not only as an engine support and MRO provider, but also as a long-term partner in capability development, talent cultivation and strategic collaboration.” 

    She added, “Together, these partnerships reflect our commitment to building a stronger, more resilient and future-ready platform for the industry. 

  • Cantabil Introduces Flat-Knit Polo Collection, Redefining Summer Comfort with Effortless Style

    April 22: Cantabil has unveiled its latest flat-knit polo collection, designed to bring together comfort, breathability, and refined casual style for the summer season. Crafted with premium fabrics and contemporary detailing, the collection aims to offer versatile wardrobe essentials suited for modern, on-the-go lifestyles.

    Designed for Comfort in Rising Temperatures

    The new flat-knit polos are made using premium 2-ply cotton blends with cotton and polyamide, offering a stretchable, fluid fabric that ensures ease of movement and all-day comfort. Lightweight and breathable in nature, the collection is tailored for summer wear without compromising on structure or style.

    Modern Design with Everyday Versatility

    The collection features a thoughtfully curated mix of:

    • Vertical stripes and solid colour patterns
    • Half-zip silhouettes for a contemporary edge
    • Textured finishes including popcorn weave and cord patterns
    • Tipping details on collars and sleeves
    • Earthy tones and muted summer hues

    These design elements create a balance of relaxed comfort and understated sophistication, making the polos suitable for a variety of everyday occasions.

    From Casual Moments to Smart Dressing

    Cantabil’s flat-knit polos are designed for versatility, transitioning seamlessly across multiple settings such as casual outings, coffee meet-ups, weekend plans, semi-formal gatherings, and even leisure activities like golf. The collection reflects a modern approach to dressing where functionality meets refined aesthetics.

  • realme NARZO 100 Lite 5G Emerges as Fastest & Highest-Selling Smartphone on Amazon India on Day 1

    New Delhi, April 22: realme, a leading smartphone brand among youth, has announced that its newly launched realme NARZO 100 Lite 5G received an overwhelming market response during its first sale, emerging as the fastest and highest-selling smartphone on day one in 2026 on Amazon India. The strong demand reflects increasing consumer preference for affordable 5G smartphones that deliver balanced performance, battery efficiency, and reliability.

    Strong Consumer Demand in Entry-Level 5G Segment

    The success of the NARZO 100 Lite 5G highlights the growing shift toward devices that combine performance efficiency, long battery life, and smooth connectivity at an accessible price point.

    The device has been well received among young users and first-time 5G adopters seeking dependable everyday performance.

    Performance-Driven Specifications

    The realme NARZO 100 Lite 5G is powered by the MediaTek Dimensity 6300 6nm octa-core chipset, delivering efficient multitasking, stable gaming performance, and enhanced 5G connectivity.

    Key highlights include:

    • AnTuTu score of over 560,000
    • Up to 14GB dynamic RAM expansion
    • Up to 128GB internal storage
    • 5300mm² VC cooling system for sustained performance
    • 144Hz Eye Comfort Display for smooth visuals
    • 7000mAh Titan Battery with AI power saving and reverse charging support

    AI Features & Durability

    The smartphone integrates AI-powered capabilities designed to enhance user experience, including:

    • AI Eraser 2.0
    • AI Clear Face
    • Built-in productivity tools

    It also offers military-grade durability, IP64-rated protection, and a clean software experience powered by realme UI based on Android 16, ensuring reliability for daily use.

    Market Availability

    The realme NARZO 100 Lite 5G is available in multiple storage configurations:

    • 4GB + 64GB
    • 4GB + 128GB
    • 6GB + 128GB

    The device is available across Amazon India and realme.com.

    Driving Affordable 5G Adoption

    With this strong debut, realme continues to strengthen its position in the entry-level and mid-range 5G segment by delivering feature-rich smartphones designed for young and performance-oriented users.

    The NARZO 100 Lite 5G reinforces realme’s focus on combining innovation, accessibility, and user-centric design in the highly competitive smartphone market.

     
  • Demanlink Unveils Sarawak’s First Telecommunications Smart Pole in Siburan and Debuts its First Built-to-Suit Tower in Bintulu

    Milestone deployments strengthen 5G connectivity, enhance digital access in urban developments and transport networks. 

    SARAWAK, Malaysia, Apr 22 - Demanlink Connexion Sdn. Bhd. (“Demanlink”), a Sarawak-based telecommunications infrastructure company, today announced the successful deployment of two tailored connectivity solutions for communities in Siburan and Bintulu. The Company deployed Sarawak’s first telecommunications smart pole, a multi-function street infrastructure in Siburan, and Demanlink’s first built-to-suit (B2S) site in Kampung Jepak, Bintulu. Both solutions comprise future-ready 5G equipment and serve to enhance connectivity coverage in the state’s growing urban areas and transport networks. 

     

    Demanlink

     

    Situated at the heart of Taman ImpianaSiburan, the smart pole delivers seamless 5G connectivity for residents and commuters in the area. Its compact, multi-functional design supports 5G-ready equipment and enables co-location for multiple Mobile Network Operators (MNOs), optimizing infrastructure use and network coverage. It also functions as a lamp pole, enhancing visibility for both drivers and pedestrians alike. 

    In addition, Demanlink’s maiden B2S site in Kampung Jepak, Bintulu will deliver seamless network coverage for the surrounding residential and commercial areas as well as a nearby transport network. The new telecommunications site is also strategically located close to six schools and Technical and Vocational Education and Training (TVET) centres, enabling students and educators to access digital learning platforms and online educational resources with high-speed connectivity. The tower is also expected to strengthen mobile coverage along nearby stretches of the Pan Borneo Highway, improving connectivity, navigation and safety for users of the state’s key transport corridor. 

    Hanad Yusuf, Chief Executive Officer of Demanlink said, “Technology is a powerful socioeconomic catalyst. These deployments are about more than coverage. They are about giving communities in Siburan and Bintulu the digital foundation to participate in Sarawak’s growth. As the state works toward its 2030 digital economy ambitions, Demanlink’s role is to make that infrastructure a reality, one community at a time.” 

    Following these deployments, Demanlink continues to expand its footprint across Sarawak in partnership with key local and industry stakeholders. Most recently, the company completed an In-Building Coverage (IBC) deployment at One Shell Square Miri, bringing high-speed 5G connectivity to one of the state’s key energy sector hubs. Building on this momentum, Demanlink is also currently deploying several high-speed 5G IBC sites across Sarawak, further growing its portfolio of macro sites, smart poles, and in-building solutions to serve the state’s evolving connectivity needs. 

    With a clear focus on delivery excellence, speed-to-market, and local collaborations, Demanlink aims to play a long-term role in strengthening Sarawak’s connectivity landscape and enabling inclusive economic growth across communities and enterprises. 

  • Harness Wins 2026 Google Cloud Technology Partner of the Year Award for DevOps

    Bengaluru, India  Apr 22:  Harness, the AI Software Delivery Platform™ company, today announced that it has received the 2026 Google Cloud Technology Partner of the Year Award in the Application Development – DevOps category.

    Harness has deepened its strategic partnership with Google Cloud through a series of meaningful integrations and joint innovations. Most recently, the Harness MCP Server became accessible within Google‘s Gemini Enterprise environment, enabling customers to leverage Harness capabilities directly from their existing AI interface — meeting developers where they already work. Harness has also been an early adopter of Google‘s Agent2Agent (A2A) protocol, positioning the platform at the forefront of the agentic AI ecosystem and enabling seamless collaboration between AI agents across complex development workflows.

    “The Google Cloud Partner Awards honor the strategic innovation and measurable value our partners bring to customers,” said Kevin Ichhpurani, President, Global Partner Ecosystem and Channels, Google Cloud. “We are proud to name Harness a 2026 Google Cloud Partner Award winner, celebrating their role in driving customer success over the last year.”

    “Being named Google Cloud‘s Technology Partner of the Year in DevOps is a testament to the depth of our collaboration and the real-world impact we’re delivering for our joint customers,” said Tom O’Reilly, SVP, Worldwide GTM Partnerships at Harness. “Together, we continue to innovate and build cutting-edge solutions that meet the moment. As AI becomes central to how software is built and deployed, our partnership with Google Cloud ensures that engineering teams have exactly what they need to lead.”

    Harness works with Google Cloud to give engineering teams end-to-end visibility across the development lifecycle, reduce the toil that slows teams down, and deliver a developer experience that drives lasting business impact. By combining Harness‘s AI software delivery capabilities with the breadth of Google Cloud‘s infrastructure and AI platform, joint customers are able to ship software faster and with greater confidence.

  • AIFs Emerge as Key Enablers to Bridge Real Estate Funding Gap Amid Strong Land Acquisition Momentum in India

    By Ankur Jalan, CEO, Golden Growth Fund, a category II Alternative Investment Fund (AIF

    The strong pace of land acquisitions across India’s real estate sector underscores sustained developer confidence and a robust demand outlook. However, translating this land bank into completed projects will require significant capital infusion, creating a sizeable funding gap that traditional lenders alone may not be able to address. This is where Alternative Investment Fund (AIFs) are uniquely positioned to play a pivotal role. With the ability to provide flexible, structured financing solutions across the project lifecycle, AIFs and private credit platforms can bridge critical last-mile and construction funding requirements. As the sector continues to mature and institutionalise, we see a compelling opportunity to deploy capital in well-located, demand-driven projects, generating attractive risk-adjusted returns while supporting the next phase of real estate growth in India.

  • Sensex Drops 756 Points, Nifty Falls 198 on Weak IT and Higher Crude

    Mumbai, Apr 22 (BNP): Indian equity benchmarks ended lower on Wednesday, with the Nifty declining 198 points and the Sensex falling 756 points, driven by weakness in IT stocks and concerns over rising crude oil prices.

    The IT sector emerged as the key drag on the indices, following subdued global cues and profit booking in heavyweight technology stocks. Additionally, higher crude oil prices raised concerns over inflationary pressures and input costs, further impacting investor sentiment.

    Market participants remained cautious amid global uncertainty, leading to broad-based selling across select sectors. Analysts highlighted that sustained strength in crude oil could continue to influence market direction in the near term.

    Despite volatility during the session, markets are expected to track global trends and crude oil movements for further cues.

  • Airports and airlines no longer have to run their own connectivity networks

    Airports and airlines no longer have to run their own connectivity networks

    India  Apr 22:  Airports and airlines can now run critical operations on networks that are set up and run for them, removing the complexity and cost of managing connectivity themselves. SITA has launched SITA Campus Network powered by HPE Aruba Networking, a new network solution designed to support the demands of complex airport and transport environments.

    Managing networks across multiple locations, devices and vendors is complex and costly. When networks are fragmented, performance suffers and disruptions can spread quickly. SITA Campus Network powered by HPE Aruba Networking removes this burden by delivering a fully managed network across wired and wireless environments.

    Built on technology from HPE, a provider of enterprise networking solutions used to run large-scale wired and Wi-Fi networks, it combines robust connectivity with centralized, cloud-based management to ensure consistent, reliable performance across airport campuses and other large transport hubs.

    The solution uses AI to improve visibility across the network, detect issues earlier and automate troubleshooting, helping reduce downtime. It also provides centralized management, allowing infrastructure and devices to be monitored and controlled across both on-site systems and remote environments.

    “Integrating diverse systems and devices across airport environments is becoming more complex as operations become more connected,” said Martin Smillie, Senior Vice President, Communications and Data Exchange at SITA. “At the same time, expectations on performance, resilience and security continue to rise. With SITA Campus Network powered by Aruba, we take on that complexity. We deliver a network that is set up, run and continuously optimized, so our customers can focus on keeping operations moving while maintaining control across increasingly demanding environments.”

    Designed for high-density environments such as terminals, hangars and airline operations centers, the solution supports large volumes of users and devices without compromising performance, even during peak demand.

    By integrating this technology into SITA’s managed service, customers get a network that is centrally operated by SITA while retaining the flexibility to use different technologies and vendors. This reduces the need for on-site support, spare equipment and recurring training, freeing up IT teams to focus on higher-value activities. Where needed, the campus network connects easily to SITA’s global wide-area network services. This long-haul connectivity that links more than 600 airports worldwide, gives customers a complete, end-to-end solution from the local site right through to the wider world.

    “Airports and airlines have to support thousands of staff, passengers, and mission critical systems across terminals, gates, and airside areas—and any network issue shows up immediately as delays and frustration,” said Sujai Hajela, Executive Vice President & General Manager, Enterprise Campus and Branch, HPE. “SITA Campus Network powered by HPE Aruba Networking is built on our secure, AI-native technology to deliver a self-driving network that spots and fixes problems in real time, often before anyone notices, so operations keep moving and passengers stay connected.”

    SITA Campus Network is a globally managed service available in more than 145 countries, with 24/7 operational support. By reducing the need for costly hardware and simplifying operations, the solution lowers both upfront investment and ongoing costs. Its flexible, pay-as-you-go model allows customers to scale usage up or down based on demand, with rapid deployment across locations.

  • RuPay Credit Cards Near 40 pc Share in New Issuances on UPI Boost

    News Delhi, Apr 22 (BNP): India’s credit card landscape is witnessing a significant shift, with RuPay credit cards rapidly gaining traction and nearing a 40% share in new issuances.

    The growth is being driven by the integration of RuPay credit cards with the Unified Payments Interface (UPI), enabling users to make seamless payments through QR codes across a wide network of merchants. This feature has expanded the usability of credit cards beyond traditional swipe and online transactions.

    RuPay credit cards ride UPI growth, approach nearly 40% share in new issuances https://t.co/94cue2lzmJ

    via NaMo App pic.twitter.com/EaIC9cDs6C

    — PMO India (@PMOIndia) April 22, 2026

    The increased convenience is encouraging wider adoption, particularly among first-time credit users and consumers in smaller cities, where QR-based payments are deeply embedded in everyday transactions.

    Banks and financial institutions are also supporting this trend by promoting RuPay credit cards as a cost-effective and accessible option, aligning with the country’s push for strengthening domestic payment systems.

    The rising share of RuPay credit cards reflects the evolving digital payments ecosystem in India, where innovation and infrastructure are enabling greater financial inclusion and transforming consumer spending behaviour.

    With UPI continuing to expand its footprint, RuPay credit cards are expected to play a growing role in bridging digital payments and formal credit access.

  • India’s Seafood Exports Cross INR 72,325 Crore in FY26, Driven by Shrimp Demand and New Market Growth

    Apr 22 (BNP): India’s seafood exports have crossed ₹72,325.82 crore in FY26, supported by strong global demand for shrimp and continued diversification into new international markets.

    Industry data indicates that shrimp remains the dominant export segment, contributing the largest share of overall seafood shipments. Improved aquaculture practices, better quality control, and expanding export linkages have further strengthened India’s position in global seafood trade.

    India’s Seafood Exports Cross INR 72,325 Crore in FY26, Driven by Shrimp Demand and New Market Growth

    Exporters have also benefited from gradual diversification beyond traditional markets, with increasing demand emerging from newer destinations across Asia, the Middle East, and select Western regions. This shift has helped cushion the sector against regional trade fluctuations and price volatility.

    Despite global supply chain challenges, India’s seafood industry has maintained steady growth, supported by advancements in cold chain infrastructure, processing capacity, and compliance with international standards.

    Trade experts note that sustained investment in aquaculture and market expansion strategies will be key to maintaining export momentum in the coming years, especially as global demand for seafood continues to rise.

    The sector’s performance underscores its growing importance in India’s agricultural export basket and its contribution to rural livelihoods, particularly in coastal states.