Category: Business

  • Anastasia Beverly Hills Launches ‘Micro-Stroke Brow Pen’ in India

    Anastasia Beverly Hills Launches ‘Micro-Stroke Brow Pen’ in India

    Anastasia Beverly Hills, known for its iconic brow products, expands its portfolio with another innovative launch, “MicroStroke Brow Pen”, marks a new step in modern brow artistry for its Indian Consumers.

    The brand’s trend-setting brow innovations have become long standing cult favorites among beauty lovers. With this latest launch, ABH is set to redefine brow artistry once again with a next-generation essential designed to deliver ultra-realistic, hair-like strokes with effortless precision.

    Crafted with a micro-fine flexible brush tip, the MicroStroke Brow Pen mimics the look of natural brow hairs to create fuller, naturally sculpted brows with ease. The perfectly balanced ink flow ensures smooth, controlled application without skipping, dragging, or patchiness, while delivering buildable dimension and precise definition that lasts up to 24 hours and is water-resistant.

    The dual-ended design features a custom spoolie brush for seamless blending and effortless brow styling. Encased in sleek luxe ombré packaging for easy shade identification. With the launch of the MicroStroke Brow PenAnastasia Beverly Hills continues to redefine modern brow artistry for beauty consumers in India, delivering professional-quality results with everyday ease.

    Available Shades: Soft Brown, Ebony, Dark Brown, Medium Brown

    Availability: Nykaa, Sephora, and Tira

  • FIA President H.E. Mohammed Ben Sulayem meets with President of the Czech Republic, Prime Minister, and government leaders in Prague

    FIA President H.E. Mohammed Ben Sulayem meets with President of the Czech Republic, Prime Minister, and government leaders in Prague

     

    Discussions focused on motorsport development, road safety and sustainable mobility

     

    Dubai, UAE, June 10: H.E. Mohammed Ben Sulayem, President of the FIA, has met with senior leaders of the Czech Republic in Prague, reinforcing the strong partnership between the Fédération Internationale de l’Automobile (FIA) and one of Europe’s most significant automotive and motorsport nations.

    During the visit, President Ben Sulayem held discussions with the President of the Czech Republic, H.E. Petr Pavel, Prime Minister Andrej Babiš, and Minister of Education, Youth and Sports Boris Šťastný.

    The meetings this week focused on shared priorities across mobility and motorsport, including road safety, sustainable transport, innovation, and grassroots participation.

    Speaking following the meetings, FIA President, H.E. Mohammed Ben Sulayem said: “The Czech Republic has a proud automotive and motorsport heritage and continues to demonstrate how mobility, innovation and sport can work together.”

    “I would like to thank President Pavel, Prime Minister Babiš, and Minister Šťastný for their warm welcome and constructive discussions. I look forward to continuing our collaboration as we work together to build a safer, more sustainable future for mobility and motorsport.”

    As part of discussions on mobility, President Ben Sulayem outlined the FIA’s work to improve road safety outcomes through data-driven initiatives including the FIA Road Safety Index and FIA Driver Safety Index.

    The programmes provide governments, organisations and road users with practical tools to measure, benchmark and improve road safety performance, supporting the ambition of reducing road traffic fatalities and injuries.

    FIA President H.E. Mohammed Ben Sulayem meets with President of the Czech Republic, Prime Minister, and government leaders in Prague

     

    The FIA President also highlighted the contribution of the Autoklub České republiky in advocating for increased accessibility and diversity in motorsport.

    Through its work in education, advocacy and competition, the Club plays a vital role in creating opportunities for participation at every level of the sport. President Jan Šťovíček plays an active role within the FIA ecosystem including service on the World Motor Sport Council (WMSC), as President of the Coordination Forum for Eastern and Central European Countries (COFO), and as a board member of the FIA Foundation.

    Funded by grants from the FIA and FIA Foundation, the Autoklub CR has developed two key programmes to encourage the next generation of racers.

    The Karting Academy is an educational programme that develops Karting skills and knowledge while cultivating talent, and has seen more than 1,000 children attend the programme so far, with many now competing internationally. RacerBuggy 160 is a division for children aged 5 to 8 focused on autocross training. Over the last seven years, more than 3,000 children have passed through the academy.

    President Ben Sulayem praised the Autoklub’s ongoing investment in karting, national championships and youth participation programmes, which are helping to strengthen the future of Czech motorsport.

    President of the Autoclub of the Czech Republic, Jan Šťovíček, said: “It was an honour to showcase the positive impact that FIA funding is having across our programmes. These grants are helping us strengthen grassroots motorsport, invest in young talent and create new opportunities for people to engage with our sport.”

    The visit forms part of the FIA President’s ongoing programme of engagement with governments, Member Clubs and stakeholders worldwide, supporting the FIA’s mission to advance safe, sustainable and accessible mobility while ensuring the continued growth and development of motorsport.

     

     

  • Honeywell Launches Experion Cognition for Autonomous Control Room Operations at Borouge International

    Bengaluru , June 10 : Honeywell today introduced Experion Cognition, an AI-enabled control system platform designed to advance autonomous operations by making recommendations and automated decisions that optimize production and increase safety within industrial facilities. The live proof-of-concept was demonstrated at Borouge Group International AG’s Ruwais facility in Abu Dhabi.

    By proactively detecting and mitigating abnormal situations before they happen, Experion Cognition can help reduce process mistakes and downtime, ultimately increasing the operator’s scope of responsibilities while optimizing facility production.

    “The industry has talked about autonomous control rooms for years – and now, Experion Cognition brings autonomous control rooms into production, driving safer operations and stronger performance in complex environments,” said Jim Masso, president and CEO of Honeywell Process Automation. “With AI-powered agents actively managing process abnormalities, operators can consistently achieve better results, day after day.”

    The platform combines Honeywell’s decades of process automation expertise with AI models to proactively act on behalf of the operator to help resolve anomalies in the control room. As long-time operators retire, automating situation management can help solve the industrial workforce shortage and skills gap that exists. By delegating those cognitive tasks to autonomous agents, Experion Cognition helps enable less experienced operators to run plants with comparable knowledge as that of a seasoned veteran.

    “Representing the petrochemical industry’s first AI autonomous operations, this collaboration sets a new industry standard for efficiency and innovation, upskilling our people, as well as boosting our performance and competitiveness,” said Dr. Hasan Karam, Chief Operating Officer of Borouge International. “This initiative is a core component of Borouge International’s AI, Digitalization & Technology program reflecting our continued focus on disciplined execution, operational impact and long-term value creation.”

    Experion Cognition incorporates several AI-enabled features including Operations Assistant. In multiple pilots, the platform was able to make predictions an average of 5-10 minutes before alarm incidents.

    As part of Honeywell’s Experion PKS distributed control system network, Experion Cognition is designed to seamlessly integrate into existing control room environments. Experion Cognition will be commercially available in Q3, 2026. For more information, visit Honeywell.com.

  • Digit Insurance Receives ‘Best Fintech Insurance Award’ from Piyush Goyal at FE Best Banks Awards 2026

    Bengaluru , June 10 : Go Digit General Insurance Limited , one of India’s digital full-stack insurance companies, won the Best Fintech Insurance Award at the prestigious FE Best Banks Awards 2016, for the second consecutive year. The award was presented by Shri Piyush Goyal, Minister of Commerce & Industry, to Jasleen Kohli, Managing Director and CEO of Digit Insurance.

    This marks Digit Insurance’s third triumph at the FE Best Banks Awards, having previously secured the coveted title in the fintech insurance category in 2022 and 2025. The company was recognised for its innovative approach to leveraging technology in insurance, simplifying complex legacy processes, and delivering seamless, digital-first customer experiences.

    Speaking on the milestone achievement, Jasleen Kohli, MD & CEO, Digit Insurance, said:

     “Securing this recognition for the third time is a validation of our relentless focus on tech-driven innovation. At Digit, our mission is to make insurance transparent, faster, and more trustworthy. This award deeply motivates us to continue building intuitive solutions for our partners and customers while setting new benchmarks for the industry.”

    Since its inception in 2017, Digit Insurance has been on a sustained endeavour to transform India’s insurance landscape through seamless claims processes, ecosystem APIs, and advanced AI-driven underwriting systems. Driven by a customer-first philosophy, the insurer offers a comprehensive portfolio of products, including motor, health, travel, parametric and liability insurance, and since inception has served over 8.4 crore customers across India.

    The FE Best Banks Awards, organized by The Financial Express, are widely regarded as the gold standard of excellence in the Indian financial sector. The winners are chosen by an independent jury, with EY as the knowledge partner, and recognises excellence across banks, small finance banks, fintechs, and NBFCs based on RBI data and governance standards.

  • Cosmo First Wins Three Prestigious FIPSA 2026 Awards for Responsible Packaging Solutions

    Cosmo First Wins Three Prestigious FIPSA 2026 Awards for Responsible Packaging Solutions

    Chandigarh, June 10: Cosmo First Limited has been honoured with three prestigious awards at the FIPSA 2026 Contest on Responsible Packaging for the company’s films business vertical – Cosmo Films. Organised by the Foundation for Innovative Packaging and Sustainability (FIPS), the awards recognised the company’s continued commitment towards developing innovative and sustainable packaging solutions that address evolving industry needs while contributing to environmental responsibility.

    The three award-winning products include:

    • Easy Seal Peel CPP Film (HST-1 (LSR) CPP) – Winner under the Commercial Innovation category
    • High Shrink PET Film (SSPF-0) – Winner under the Commercial Innovation category
    • High Shrink PETG Film with 30% PCR Content (rHSPF-0) – Winner under the Commercial Sustainability category

    The FIPSA Awards recognise packaging innovations that are better to use, efficient to produce, and safer for the environment. The recognition highlights Cosmo Films’ strong focus on advancing responsible packaging through product innovation, material efficiency, and sustainable design.

    The Easy Seal Peel CPP Lidding Film has been developed to offer superior sealing performance along with easy peelability, enhancing consumer convenience while maintaining packaging integrity. The High Shrink PET Film delivers excellent shrink performance and aesthetics, enabling brands to achieve superior shelf appeal and operational efficiency. The High Shrink PETG Film with 30% Post-Consumer Recycled (PCR) content supports circular economy objectives by incorporating recycled content without compromising performance, making it a sustainable solution for modern packaging applications.

    Commenting on the achievement, Mr. Kulbhushan Malik, Global Business Head, Cosmo Films, said, “We are honoured to receive three FIPSA 2026 Awards, which reaffirm our commitment to developing innovative and sustainable packaging solutions. At Cosmo Films, innovation and sustainability go hand in hand, and these recognitions reflect our continuous efforts to create products that not only deliver superior performance but also contribute towards a more responsible packaging ecosystem. We remain committed to partnering with brands across industries to help them achieve their packaging and sustainability goals.”

    The awards further strengthen Cosmo Films’ position as a leading specialty films manufacturer focused on delivering high-value, future-ready packaging solutions. With sustainability becoming a key priority for brands and consumers alike, the company continues to invest in research and development to create innovative products that support resource efficiency, recyclability, and reduced environmental impact.

  • Galgotias University Partners with 247VC to Launch Entrepreneurship & Venture Excellence (EVE) Program

     

    Galgotias University Partners with 247VC to Launch Entrepreneurship & Venture Excellence (EVE) Program

     

    Strategic partnership aims to create venture-backed startups from Galgotias University and enable the campus as a premier destination for venture-ready talent in India

    Greater Noida, June 10: Galgotias University and 247VC, a leading seed stage venture capital fund, announced a long term partnership. The collaboration encompasses the launch of the Entrepreneurship & Venture Excellence (EVE) Program, a structured initiative designed to equip students with startup-building frameworks, investor mentorship, and access to institutional capital.

    Commenting on the partnership, Dr. Dhruv Galgotia, CEO, Galgotias University said, “Our partnership with 247VC is a one-of-its-kind initiative where a venture capital fund will have an active engagement presence within the University ecosystem itself, enabling students to interact directly with investors, startup mentors, founder networks, and venture-building experts.

    As part of this initiative, the University will facilitate dedicated on-campus engagement spaces to enable regular interaction between students and venture capital professionals. Having venture capital presence directly on campus will help students move ideas, research, and prototypes closer to real-world execution, mentorship, and venture creation.”

    The partnership is designed to bridge a critical gap in entrepreneurship education within Indian universities by providing students with practical, investor-validated frameworks rather than theoretical knowledge.

    Commenting on the collaboration, Yagnesh Sanghrajka, Managing Partner, 247VC, said, “We are truly elated to partner with a premier institution like Galgotias University. With its 50,000+ students, across various disciplines, having state of the art technologies available to them, this collaboration presents a unique opportunity to nurture the next gen of entrepreneurs.

    This model will become a blueprint for how universities should partner with venture capital. We’re committed to bringing our real-world venture investing experience and our deep founder networks directly to Galgotias’ students, transforming entrepreneurship from an aspiration into a structured, achievable outcome.”

     

     

  • Matrix Design Group and Hyundai Material Handling Announce Technology Partnership

    HiVision powered by OmniPro® Vision AI highlights the importance of integrated collision avoidance technology during National Forklift Safety Day

    NEWBURGH, Ind. — In recognition of National Forklift Safety Day, Matrix Design Group LLC, a wholly owned subsidiary of Alliance Resource Partners, L.P. (NASDAQ: ALRP), and Hyundai Material Handling are highlighting a partnership focused on reducing warehouse collisions caused by blind spots, congested aisles and limited operator reaction time.

    Through HiVision® powered by OmniPro®, Hyundai and Matrix are integrating edge-based pedestrian, vehicle and object detection into lift truck operations, creating a foundation for safer, more connected and more efficient material handling fleets.

    “The value of this technology extends well beyond collision avoidance,” said Mark Watson, CEO of Matrix Design Group. “By integrating OmniPro Vision AI into the lift truck platform, we are helping customers create a foundation for safer operations, better visibility and more productive facilities.”

    At MODEX 2026 in Atlanta, Matrix and Hyundai demonstrated the technology on a Hyundai lift truck configuration, showing how the system can identify forward and rear obstacles, escalate visual alerts from green to yellow to red and trigger speed reduction via CAN-bus integration as proximity becomes critical.

    “As Hyundai looks ahead, working with Matrix as an official technology partner helps shift the approach from standalone point solutions to a more cohesive strategy,” said Lewis Byers, Executive Vice President and COO of Hyundai Material Handling. “Collision avoidance is the starting point, but the roadmap extends well beyond into a more connected and intelligent machine ecosystem.”

    Matrix and Hyundai say the partnership supports safer warehouse operations while helping facilities prepare for smarter fleet technologies and future automation.

  • Connected, optimistic, human: a snapshot of hospitality’s future from 750 hoteliers at Mews Unfold

    [Amsterdam, 9 June 2026] – Mews, the hospitality operating system, shared findings from a live audience poll held during Mews Unfold 2026, the company’s annual [RL1] hospitality forum. The event brought together more than 750 hoteliers, operators and industry leaders in Amsterdam. Mews polled attendees throughout the day and their answers show how a room of industry experts sees the forces reshaping hospitality: the role of new technology, the place of AI in a people-first business, and the move from fragmented software to connected systems. 

    Appetite for new technology is high. 

    80% of respondents said they are excited about the role new technologies will play in hospitality. The finding matches Mews’ wider hotelier research, in which 92% said they were optimistic about AI in hospitality.1 

    That enthusiasm reflects a wider change in what hoteliers expect technology to do. The conversation on stage returned to a single idea: hotels sell the whole trip, not only the room. Guests book an experience and a moment, and the room is one part of it. The opportunity is to serve more of that trip, through new services and partnerships that meet guests where their expectations already sit. Mews’ new partnership with Uber brings ride booking inside the operating system. The trip to and from the property becomes part of the stay, not a separate transaction outside the hotel. Food and beverage, local experiences, transport and wellness are all revenue that leaves through the door today. For hoteliers, the wider experience is where the growth sits. 

    Most believe technology will make hospitality more human. 

    At the start of the day, 60% of attendees felt that new technology would make hospitality more human. By the close, that figure rose to 80%. The change across a single day of talks, presentations and workshops is clear, and it reframes one of the industry’s oldest worries. 

    Many fear that technology erodes the human core of hospitality. The case made at Unfold was the opposite. AI is now hard to avoid, and doing it well is the real test. Technology providers need the right architecture, clean data and sound processes, not more systems stacked on top of one another. Hotels need their data in order and a clear view of where AI helps. Staff need the willingness to change and experiment. Roles will not disappear, but they will change. The front desk agent becomes a host, the revenue manager becomes a strategist. 

    Hoteliers are moving from fragmented tools toward connected systems. 

    At the start of the day, just over half of attendees (51%) said that having all their tools work together mattered more than assembling best-of-breed point solutions. After Mews introduced the Mews Operating System, 83% said the operating system strategy was the right fit for their business. The two questions are not a direct comparison, but the movement points to a real change in mindset over the day. 

    That change sits at the heart of what Unfold set out to argue: For forty years, hotel software has run on a category map of acronyms: PMS, RMS, CRS, CRM, POS. The five product launches at Unfold collapse that map into one platform, one data model and one bill. The comparison made on stage was direct: the iPhone did not improve the phone, it made the old device obsolete. An operating system for hospitality does the same to the old stack. The data suggests that hoteliers increasingly believe that technology can be both seamlessly connected and provide best-in-class capabilities. 

    “The results are a clear snapshot of where the industry stands. The appetite for new technology is real, and our customers are optimistic, not anxious,” said Richard Valtr, Founder of Mews. “They see that technology, and AI in particular, will make hospitality more human by giving teams back the time to do what they do best. And they are ready to move on from a category map drawn forty years ago, toward systems that finally work as one. The mandate from this room was clear, and we will deliver on it.” 

    “Mews Unfold 2026 was an inspiring gathering of hospitality innovators, industry leaders, and passionate professionals, all coming together to shape the future of hospitality while building meaningful connections.” added Luca Molinari, Hotel Manager at Glamp Nusa. 

    Save the date: Mews will return to Amsterdam on May 12, 2027.  

    1 Mews Hotelier Survey, Q1 2026. N=500 hoteliers from US, CA, FR, DE, UK

  • Relm Insurance Launches ALPHA Policy for Investment Managers Across AI, Biotech, Digital Assets and Other Emerging Sectors

    HAMILTON, Bermuda — June 9, 2026Relm Insurance (‘Relm’), the leading specialty insurer supporting emerging and innovative industries, today announced the launch of ALPHA, a consolidated investment management insurance policy designed for firms operating across emerging asset classes.

    Relm Insurance Launches ALPHA Policy for Investment Managers Across AI, Biotech, Digital Assets and Other Emerging Sectors

    Investment managers are increasingly deploying capital into areas such as AI, biotech, fintech, digital assets, and the space economy. Following the earlier release of ALPHAWEB3, which was developed for investment managers operating in blockchain-based and digital asset strategies, Relm has expanded the product into a broader framework designed for firms investing across both emerging and traditional sectors. While the underlying risks remain rooted in established financial lines exposures, many firms now operate across complex structures where insurance solutions can be fragmented, with separate policies covering different parts of the platform. This can create gaps or duplication at the worst possible time, during a claim.

    ALPHA has been developed to support investment managers putting capital to work in emerging industries, combining Relm’s underwriting appetite for these sectors with a consolidated policy structure. 

    The product includes investment advisor professional liability, fund coverage, management liability, employment practices liability, and crime within a single, integrated framework, with extensions for areas such as pre-claim expenses, public relations costs, and loss mitigation. The policy is structured to align with how these firms operate in practice, where exposures often overlap across advisory, fund, and management activities.

    “Investment managers play a critical role in financing the innovative industries that Relm serves,” said Shane Doyle, Relm’s Chief Underwriting Officer. “Supporting the firms that allocate capital into these sectors is, in turn, how we support the industries themselves. The launch of ALPHA, alongside the refresh of ALPHAWEB3, expands Relm’s ability to serve investment managers operating across digital assets and other frontier sectors, with insurance solutions designed to reflect how modern investment platforms manage risk.”

    Relm’s approach combines a proprietary policy form with underwriting expertise in emerging sectors, and capacity of up to $5 million across multiple currencies.

    The product is designed to support organizations from early-stage managers through to established firms, with underwriting tailored to different strategies, structures, and stages of growth.

  • Freedom Healthy Cooking Oils Welcomes Government Notification on Standard Pack Sizes for Edible Oils

    Freedom Healthy Cooking Oils Welcomes Government Notification on Standard Pack Sizes for Edible Oils

    Hyderabad, June 09: Freedom Healthy Cooking Oils welcomes the Government of India’s notification on standardised pack sizes for edible oils and expresses sincere appreciation for this progressive and consumer friendly step aimed at enhancing transparency, uniformity, and ease of price comparison in the category. This move will help bring greater clarity for consumers, improve consistency in packaging practices, and support more informed purchase decisions across the edible oil segment. It adds that the notification issued by the Department of Consumer Affairs under the Legal Metrology framework, which standardises pack sizes including 200 ml/g, 500 ml/g, 1 litre/kg, 2 litre/kg, 3 litre/kg, 4 litre/kg, 5 litre/kg, 15 litre/kg, and 20 litre/kg with a transition period for compliance, is a timely reform that strengthens transparency, fairness, and consumer protection in the category.

    Freedom Healthy Cooking Oils has been the first brand to highlight the issue of pack size clarity and consumer awareness in the edible oil category. The company has consistently worked to draw attention to the importance of clear and standardised packaging practices, especially in a category where pack perception directly influences consumer buying decisions. It has focused on strengthening consumer understanding, reducing confusion at the point of purchase, and encouraging more informed and value conscious choices among households, thereby contributing to greater accountability and transparency within the broader edible oil ecosystem.

    Freedom Healthy Cooking Oils highlights its continued consumer awareness efforts through initiatives such as the ‘Pack Review System (PRS)’, ‘Chuna Laga’, and ‘Dhyan Se Lijiye’ campaigns. These initiatives have encouraged consumers to carefully check pack quantity, verify labelling accuracy, and assess value before making purchase decisions. They have also promoted practical buying habits such as checking net weight, comparing unit pricing, and ensuring clarity in pack communication, helping households make more informed and confident choices at the point of sale.

    Speaking on the occassion, Mr. P. Chandra Shekhara Reddy, Senior Vice President – Sales and Marketing, Freedom Healthy Cooking Oils: “We sincerely thank the Government of India for introducing the notification on standard pack sizes for edible oils. This is a significant and consumer focused step that brings much needed clarity and consistency to the category. At Freedom Healthy Cooking Oils, we have consistently focused on strengthening awareness around pack transparency, and this move reinforces informed consumer choice and fair practices across the industry.”

    Adding further, Mr. Chetan Pimpalkhute, Marketing Head, Freedom Healthy Cooking Oils: “At Freedom Healthy Cooking Oils, our focus has always been to empower consumers with clear and useful information that helps them make better purchase decisions. We remain committed to strengthening our awareness led initiatives and continuing to build trust, transparency, and confidence among consumers at the point of purchase.”

    Freedom Healthy Cooking Oils reiterates its commitment to maintaining high standards of quality, transparency, and consumer trust while continuing to strengthen awareness led initiatives that empower consumers across Indian households.