Archives May 2026

Business Wire India

Eden Realty Group unveiled Eden Devprayag, its first premium river-crafted luxury residential development in Kolkata, through an exclusive experiential showcase featuring a detailed scale model. The unveiling was further elevated through Bengal’s first UNREAL Engine-powered immersive Virtual Reality experience in the real estate sector, offering guests a remarkably lifelike and cinematic walkthrough of the project. With highly realistic visuals, spatial detailing and immersive storytelling, the experience introduced a new benchmark in experiential real estate presentations, allowing attendees to engage with the architecture, landscapes and lifestyle vision of Eden Devprayag in extraordinary detail.

 

The Eden Devprayag scale model was unveiled by Mr. Sachchidanand Rai – the Chairman of Eden Realty Group. Mr. Arya Sumant, Managing Director, Eden Realty Group, and Mr. Kumar Satyaki, Joint Managing Director, Eden Realty Group, were also present on this occasion.

 

Encapsulating the essence of the project, Mr. Sachchidanand Rai, Chairman, Eden Realty Group, said, “For us, Eden Devprayag is not merely a residential development, but a reflection of the timeless values of Sanatan Dharma, where nature, spirituality and human life exist in harmony. Inspired by the sacred journey of Maa Ganga, the project has been envisioned as a serene riverside living experience that combines modern luxury with cultural and spiritual consciousness.”

 

Spread across an expansive 4.5-acre landscaped podium, the project’s design draws inspiration from the journey and origin of the Ganga. The landscape planning was conceptualised from the perspective of viewing Kolkata from across the river, shaping the overall imagination and character of the development.

 

Highlighting the role of the project in the Group’s broader strategy, Mr. Arya Sumant, Managing Director, Eden Realty Group, said, “Eden Devprayag is part of our larger vision to transform the riverfront landscape of Kolkata and Howrah through premium residential, bungalow, hospitality and commercial developments. As the first project in this series, Eden Devprayag is envisioned as Kolkata’s most luxurious riverfront address, complemented by the city’s first riverside five-star hotel and a Banaras-style Ganga Ghat.”

 

The evening also featured a specially curated Ghat Tour inspired by Kolkata’s riverfront heritage, accompanied by live instrumental performances and soulful Bhajan sessions that reflected the serene and cultural spirit of Eden Devprayag.

 

Speaking on the occasion, Mr. Kumar Satyaki, Joint Managing Director, Eden Realty Group, said, “Eden Devprayag has been envisioned as a landmark river-crafted luxury development that seamlessly blends architecture, landscape, culture and technology. Through the scale model and Bengal’s first Unreal Engine-powered immersive Virtual Reality experience, we wanted guests to experience the project beyond traditional presentations and connect deeply with its river-inspired design philosophy and lifestyle vision. Every aspect of the development has been thoughtfully curated to create a refined and tranquil living experience inspired by the timeless essence of the Ganga.”

 

Strategically located just 12 minutes from Victoria Memorial, Eden Devprayag combines riverside tranquillity with seamless connectivity to central Kolkata. It is the city’s only residential development with the Ganga flowing to its south.

 

The project features a 1.85 lakh sq. ft. river-inspired landscaped podium, a professionally managed 75,000 sq. ft. podium club and a terrace club with an infinity swimming pool. Residents will also enjoy access to a Banaras-style Ganga Ghat and panoramic 270-degree views of the river and Kolkata skyline.

 

The terrace level has been designed as a holistic lifestyle zone with sunrise and sunset viewing decks, yoga lawns, meditation spaces, social lounges and dedicated seating areas for senior citizens. Extensive greenery across multiple levels is expected to enhance air quality and create a cooler ambient environment within the development.

 

With Eden Devprayag, Eden Realty Group aims to redefine premium living in Kolkata by combining contemporary luxury with design inspirations rooted in heritage, nature and riverfront living.

Business Wire India

In an era of loud, flashy fashion, Lux Industries Limited, India’s largest hosiery manufacturer, is turning its attention to something more personal: the power of “second skin.” The company has announced Sidharth Malhotra as the face of Lux Champion, a partnership rooted in the belief that true strength comes from feeling comfortable in your own skin.

Lux Champion is not merely producing innerwear. The brand is prioritising innovation and craftsmanship, with its latest line of premium innerwear and casual wear designed to feel weightless. This marks a strategic move into the growing world of performance-first clothing; a segment where quality, fit, and fabric technology define the consumer’s experience.

Led by Directors Mr. Navin Kumar Todi and Mr. Rahul Kumar Todi, the brand has incorporated advanced fabric technology into its new collection. For young Indians, this is more than just hosiery; it is a comfort system tailored for everyday life.

“We don’t just make hosiery, we build confidence,” says Mr. Navin Kumar Todi. Sidharth is a modern pioneer who balances a fast-paced career with a grounded personality. That’s the essence of Lux Champion cutting-edge technology paired with timeless comfort.

Mr. Rahul Kumar Todi also shared his vision for the brand’s future:

“Today’s consumers seek more than just fashion; they seek comfort, reliability, and confidence in every aspect of their lifestyle. With Lux Champion, our goal is to create products that seamlessly blend innovation with everyday ease, making premium comfort accessible to every Indian household.”

Sidharth Malhotra shares this enthusiasm. “True confidence starts with comfort. For me, style is always strongest when it feels effortless. Lux Champion’s focus on fit, quality and modern design really stood out. It’s made for people who like to keep it simple, sharp and comfortable.”

Ultimately, Lux Industries is building its future on customer satisfaction and lasting appeal. By merging Sidharth’s disciplined image with a strong commitment to quality, Lux Champion is set to become a staple in every Indian household. When technology meets comfort, it creates a symbol of strength and effortless style. Explore the full range at www.luxglobal.co.in.

Business Wire India

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today announced that NYSE Group President Lynn Martin joined the delegation of U.S. business leaders participating in President Trump’s historic state visit with Chinese President Xi Jinping.

 

Following the presidential summit in Beijing, Martin traveled to Shanghai at the invitation of the White House to represent the U.S. business community at a ministerial forum as part of this year’s APEC 2026 Second Senior Officials’ Meeting (SOM2) and Related Meetings.

 

 

Her attendance underscores the NYSE’s long-standing role at the intersection of global markets and economic opportunity. For more than two centuries, the NYSE has connected capital with ambition, bringing together innovators, entrepreneurs, and investors from around the world to power growth and shared prosperity.

 

 

At the APEC 2026 Women and the Economy Forum, Martin served as the U.S. business leader on a high-level panel focused on artificial intelligence, science, technology, and economic opportunities for women globally.

 

 

In remarks, Martin emphasized that sustained global growth depends on inclusive AI adoption, strong governance and infrastructure, and international cooperation:

 

 

• “Technology doesn’t wait for institutions to catch up. It evolves and forces organizations to evolve with it or risk disruption. And the economies, the companies, and the people who are ready for it will drive what comes next. Driving innovation in science and technology isn’t a passive act. It requires deliberate investment, deliberate inclusion, and deliberate cooperation.”
• “The U.S. capital markets are the deepest, most liquid, and most transparent in the world. That did not happen by accident. It happened because we built the institutions, the rules, and the accountability structures that gave investors and companies the confidence to participate. We are committed to bringing that same discipline to how we engage on AI domestically and internationally.”
• “Bridging the AI divide, a goal this APEC forum has explicitly embraced, means AI training programs are mandatory, not optional, because research consistently shows that women are less likely to self-select into discretionary pilots and workshops. It means that when AI governance frameworks are written — at the company level, the national level, or in multilateral forums like this one — women need seats at the table before the frameworks are finalized. And it means measuring inclusion the same way we measure financial performance: with specific targets, reported publicly, and with real accountability attached.”
• “The United States is acting on this. And it is worth noting that some of the most important work is coming from the White House itself. First Lady Melania Trump has made AI education a signature initiative, launching the Presidential AI Challenge, which invites K-12 students and educators across America to develop AI-driven solutions to real-world problems.”
• “President Trump has made American AI leadership an explicit national priority. His executive order removing barriers to AI innovation, his July 2025 AI Action Plan, and most recently his December 2025 executive order establishing a unified national policy framework all send the same signal: the United States is committed to sustaining and enhancing its position at the frontier of this technology and we are doing it by getting out of the way of the people building it. The administration’s three pillars — accelerating innovation, building AI infrastructure, and leading international diplomacy and security — are not abstract goals. They are backed by policy and capital.”
• “The NYSE has been a functioning institution through wars, financial crises, pandemics, and more geopolitical shocks than I can count. The institutions that endure are not the ones that assumed the environment would always be favorable. They are the ones that built resilience into their structure from the start. The same logic applies to AI governance globally. We can build the framework now, while there is still time to do it well, or we can wait for a crisis to force our hand.”

 

About Intercontinental Exchange

 

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity.

 

 

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

 

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

 

 

ICE Data Indices, LLC does not sponsor or endorse any financial product and makes no representation regarding the advisability or suitability of investing in any financial product.

 

 

Category: NYSE

 

 

SOURCE: Intercontinental Exchange

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260515682414/en/

 

Business Wire India

STARTEEPO Invest (“STARTEEPO”), an alternative investment fund focused on public equity opportunities, today announced that it has acquired a significant ownership position in Xerox Holdings Corporation (“Xerox” or the “Company”).

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260515594020/en/

 

 

As of the date of this release, STARTEEPO and its affiliates beneficially owns 6.6 million shares of Xerox (excluding options), representing approximately 5.05% of the Company’s outstanding common stock. STARTEEPO has filed a Schedule 13D with the U.S. Securities and Exchange Commission (the “SEC”) providing additional details regarding its investment.

 

 

Investment Perspective

 

 

STARTEEPO believes that Xerox represents an interesting investment opportunity supported by a combination of balance sheet initiatives, ongoing operational improvements, and its position within a changing and consolidating industry.

 

 

In STARTEEPO’s view, the Company is undergoing a multi-step transition focused on stabilizing revenues, improving margins, and strengthening its financial profile over time. STARTEEPO believes that even incremental progress across these areas may contribute to a more balanced market perception.

 

 

Shareholder Approach

 

 

STARTEEPO intends to act as a constructive, long-term shareholder and may engage in discussions with Xerox’s management and Board of Directors regarding the Company’s business, strategy, capital structure, and opportunities to enhance shareholder value. The firm may also communicate its investment perspective to institutional investors and market participants.

 

 

František Bostl, Chairman of the Board of STARTEEPO Invest, commented:

 

 

“We view Xerox as a deep value opportunity and today it represents one of the largest positions in our portfolio, reflecting our strong conviction in the company’s long-term potential. We are honored to become part of the history of this iconic technology company.”

 

 

Additional information are available at www.starteepo.com/xerox.

 

 

About STARTEEPO Invest

 

 

STARTEEPO Invest is an alternative investment fund based in Prague, Czech Republic, focused on identifying high-conviction opportunities in public equity markets. The firm applies a fundamental, long-term investment approach, with a focus on disciplined analysis and constructive engagement.

 

 

This communication expresses solely the opinion of STARTEEPO and its affiliates and not any other party. This communication is for informational purposes only and does not constitute investment advice, a recommendation, or offer to buy or sell any securities. STARTEEPO’s opinions stated herein are based on publicly available information and its own analyses. STARTEEPO may, at any time and without notice, buy, sell, reduce, increase, or otherwise change its investment position, including for reasons that may be inconsistent with the views expressed in this communication. Investing in securities involves significant risks, including the potential loss of the principal amount invested. Past performance is not a reliable indicator of future results. Every investor should conduct their own independent research and due diligence or consult with a licensed financial, legal, or tax advisor before making any investment decision.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260515594020/en/

 

Business Wire India

• Accelerates AI‑driven transformation through expanded agentic AI and data engineering capabilities that underpin NTT DATA’s AI strategy
• Adds 1,000 Azure engineers and AI specialists to scale cloud and AI delivery capabilities
• Advances NTT DATA’s North America leadership position, scaling industry aligned AI led innovation across its cloud services and Microsoft Business Unit
• Builds on NTT DATA’s position as the fastest-growing Microsoft GSI partner, accelerating co-innovation in enterprise AI

NTT DATA, a global leader in AI, digital business and IT services, today announced it has signed a definitive agreement to acquire WinWire,an award-winning Microsoft partner specializing in Agentic AI, AI on Azure, data engineering and cloud-native development as foundational capabilities for enterprise AI. The acquisition strengthens NTT DATA’s position as a trusted partner to help organizations move beyond experimentation to operationalize AI at scale.

 

The acquisition further advances NTT DATA’s enterprise AI strategy as demand accelerates for AI-driven, cloud-native transformation. By expanding capabilities across data platforms, agentic AI and modern applications, NTT DATA is sharpening its ability to deliver production-ready AI solutions aligned to industry needs, reinforcing its leadership as Microsoft’s Global System Integrator (GSI) Growth Champion Partner of the Year.

 

 

Upon closing, WinWire will add more than 1,000 skilled Azure engineers and Microsoft specialists to NTT DATA, bringing deep experience across Microsoft environments, including Microsoft Fabric and Azure AI Foundry. This expanded talent base will strengthen NTT DATA’s global Microsoft practice and accelerate the delivery of next‑generation AI and cloud solutions.

 

 

These expanded capabilities, combined with WinWire’s proven industry specialization and long‑standing partnership with Microsoft, will enhance NTT DATA’s ability to deliver industry‑specific, cloud‑native and agentic AI solutions that address complex business challenges securely and consistently.

 

 

As enterprises increasingly demand AI platforms that support enterprise-wide transformation, industry analysts estimate the global AI market will grow from $390 billion to nearly $3.5 trillion over the next decade, highlighting the scale of AI adoption across enterprises.

 

 

By combining NTT DATA’s full-stack capabilities, industry expertise and managed services with WinWire’s specialized strengths in modern applications, data engineering and agentic AI, the company is uniquely positioned to help clients develop and scale AI solutions and unlock value from AI across the enterprise.

 

 

Headquartered in Santa Clara, California, with global delivery centers in India,WinWire is a trusted Microsoft partner and a six‑time Microsoft Partner of the Year Award winner and finalist, supporting enterprises in establishing AI‑ready digital foundations and scaling intelligent, cloud‑based solutions that deliver measurable business outcomes.

 

 

“The acquisition of WinWire is a decisive step in advancing our enterprise AI strategy and expanding our leadership in Microsoft Azure and AI-powered cloud transformation,” said Abhijit Dubey, CEO and Chief AI Officer, NTT DATA, Inc. “By combining WinWire’s deep expertise in cloud-native development and agentic AI with NTT DATA’s global scale, this positions us to lead the shift to enterprise AI, enabling clients to move from experimentation to enterprise-wide deployment and achieve meaningful business outcomes.”

 

 

Building on NTT DATA’s strategic partnership with Microsoft

 

 

The agreement builds on NTT DATA’s long-standing strategic partnership with Microsoft, combining its global scale with WinWire’s award-winning expertise in Azure-based AI and data transformation.

 

 

WinWire is also a member of the Microsoft Agentic Partner Alliance Program, further strengthening joint innovation and execution for industry-specific AI solutions.

 

 

WinWire will complement NTT DATA’s Global Business Unit for Microsoft Cloud, established to meet rising demand for secure, AI-driven enterprise transformation. The business unit spans Microsoft Cloud, security and AI, supported by more than 24,000 Microsoft certifications and operates across more than 50 countries.

 

 

The combined capabilities also reinforce NTT DATA’s ability to co-innovate and co-sell with Microsoft, building on its recognition as Microsoft’s 2025 Global System Integrator Growth Champion partner of the year.

 

 

“As a leading Microsoft Solutions Partner recognized through multiple awards over the years, we built WinWire with a clear focus on delivering meaningful Microsoft Azure and AI-led transformation for our enterprise clients,” said Ashu Goel, CEO, WinWire. “Joining NTT DATA marks an exciting new chapter, allowing us to extend our capabilities to a much broader global client base. Together, we are well positioned to accelerate innovation and shape the next wave of AI-driven transformation for our clients.”

 

 

“As enterprises look to unlock the full value of AI on Microsoft Azure, the role of skilled partners has never been more critical,” said Stephen Boyle, CVP, Enterprise Partner Solutions Microsoft. “By combining NTT DATA’s global scale with Winter’s expertise in cloud-native development and agentic AI, this acquisition enhances our joint ability to co-innovate and deliver transformative solutions.”

 

 

Advancing client outcomes through cloud-native and AI-driven transformation

 

 

WinWire brings differentiated agentic AI, including its Agentic AI @ Scale framework, enabling the design and deployment of intelligent, autonomous systems embedded directly into enterprise workflows. Its portfolio of AI frameworks and industry accelerators helps organizations move from pilot initiatives to enterprise-scale AI adoption.

 

 

The combined portfolio spanning infrastructure, applications, data, AI and managed services will enable faster time to value and secure enterprise-scale AI deployment.

 

 

The transaction is subject to customary closing conditions and regulatory approvals. Rothschild & Co acted as the exclusive financial advisor to NTT DATA on the transaction.

 

 

About NTT DATA

 

 

NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D. Visit us at nttdata.com.

 

 

About WinWire

 

 

WinWire unleashes the Power of Agentic AI to deliver innovative solutions that help our customers gain competitive advantage. WinWire is at the forefront of enabling enterprises in the Healthcare and Software and Digital Platforms (SDP) sectors to embark on a transformative Agentic AI journey.

 

 

As a globally recognized, multi-award-winning Agentic AI firm, WinWire delivers a spectrum of AI-led digital transformational services that include:

 

 

• Agentic AI Services – Harness the power of Agentic AI to accelerate the Frontier Firm Journey.
• Foundational AI Services – Data Estate & BI Modernization for AI-Ready data.
• Operational AI Services – Manage, optimize, and evolve agents and enterprise applications leveraging Agentic AI systems to reduce costs & enhance agility.
• Visit us at: https://www.winwire.com/

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260515587720/en/