Archives 2026

Business Wire India

Global technology corporation FPT recently signed a Memorandum of Understanding (MoU) with Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), for potential collaboration across the APAC region. Under the MoU, the parties will explore initiatives in artificial intelligence (AI), digital transformation, data centre development, renewable energy and sustainable urban solutions.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602029945/en/

 

 

 

The partnership brings together FPT’s leadership in AI and digital transformation with Sembcorp’s strong track record in energy and sustainable urban development. Initial areas of focus include developing AI-enabled applications for energy, utilities and urban infrastructure, by utilizing smart operations, predictive maintenance, data analytics and automation to enhance operational efficiency, resilience, and customer experience.

 

FPT and Sembcorp will evaluate opportunities to develop energy-efficient data centres and cloud ecosystem enablement, including the potential implementation of facility management solutions to improve energy optimization and sustainability performance. The scope of collaboration also extends to urban sustainability and renewable energy, where both parties aim to leverage technology for smart city planning, energy transition, carbon management and other ESG-related initiatives.

 

 

To support these objectives, FPT and Sembcorp plan to facilitate joint workshops, training sessions, and knowledge-sharing activities, promoting cross-functional collaboration between the companies’ business units, innovation teams and subject matter experts.

 

 

“Building a sustainable future requires a strong technological foundation, with AI acting as a powerful catalyst. Backed by our full-stack AI capabilities, FPT is ready to facilitate cross-border cooperation in sustainable development by spearheading large-scale digital transformation projects. Together, we will collaborate on ways to deliver practical and scalable solutions that generate lasting value for Vietnam, Singapore, and the broader APAC region”, said David Nguyen, FPT Software Senior Vice President and FPT Asia Pacific Chief Executive Officer, FPT Corporation.

 

 

“This collaboration with FPT brings together Sembcorp’s strong track record in energy and sustainable infrastructure with FPT’s capabilities in AI and digital innovation. Our energy and urban developments provide a strong foundation to deploy and scale practical solutions that improve efficiency, resilience and sustainability across our operations and markets. This will enable us to translate digital innovation into tangible improvements across our operations and deliver greater value to the customers and communities we serve,” said Gareth Wong, Chief Operating Officer, Integrated Urban Solutions, Sembcorp Industries.

 

 

Since establishing its presence in Singapore in 2007, FPT has expanded into major markets in the APAC region and become a trusted digital transformation partner to over 500 leading enterprises across critical sectors such as aviation, logistics, healthcare, and BFSI. Harnessing deep expertise in AI, cloud, data, automation, legacy modernization, and managed services, FPT has enabled organizations to maximize operational excellence and business impact. This mission is driven by an AI-first approach, leveraging the comprehensive FleziPT platform, a workforce of over 30,000 AI-augmented engineers globally, world-class infrastructure of AI Factories in Vietnam and Japan, and partnerships with global AI leaders. FPT remains committed to making AI a core competitive advantage for both the corporation and its clients.

 

 

About FPT

 

 

FPT Corporation (FPT) is a globally leading Vietnam-headquartered technology and IT services provider, with operations spanning more than 30 countries and territories. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. With a strong focus on mastering strategic technologies, FPT continues to drive innovation across industries. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses.
For more information about FPT’s global IT services, please visit https://fptsoftware.com.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602029945/en/

 

Business Wire India

comforte AG, a global leader in data-centric security for HPE Nonstop environments, today announced the launch of TAMUNIO Assure, a purpose-built solution for HPE Nonstop that helps organizations modernize cryptographic security without application rewrites or disruption to mission-critical systems.

 

TAMUNIO Assure helps organizations enhance SSH & SSL/TLS security, centralizing keys, credentials, certificates, and secrets, and automating certificate and key lifecycle management across HPE Nonstop systems. The result is stronger security, more cost-effective operations, and a quantum-safe security posture without rewriting critical applications or introducing high-risk platform changes.

 

 

The crypto operating model for HPE Nonstop is changing

 

 

HPE Nonstop systems power some of the world’s most demanding transaction environments, including payment networks and financial infrastructure, where continuous availability is essential. As security and compliance requirements evolve, organizations need a more centralized and automated way to manage SSH & SSL/TLS protection, keys, secrets, and certificates.

 

 

TAMUNIO Assure addresses this challenge by bringing together three critical capabilities in one HPE Nonstop-focused solution:

 

 

• Post-quantum-ready SSH and SSL/TLS modernization to strengthen transport security while preserving existing application behavior.
• Centralized key and secrets governance to move keys, credentials, certificates, and secrets out of scattered files, scripts, and unmanaged locations.
• Automated certificate and key lifecycle management to reduce manual administration, lower expiration-related outage risk, and improve operational consistency.

 

“The HPE Nonstop community has needed a solution like this for some time. Crypto modernization and post-quantum preparation are not abstract future concerns; they are active risks for environments that carry high-value, long-lived data today,” said Henning Horst, CTO at comforte. “With TAMUNIO Assure Nonstop teams can strengthen control, improve resilience, and prepare for post-quantum requirements on their own terms.”

 

Purpose-built cryptographic modernization for HPE Nonstop

 

 

For HPE Nonstop environments, disruption is not an option. TAMUNIO Assure helps teams modernize cryptographic protection around existing systems, extending the value of proven HPE Nonstop investments while improving auditability, operational efficiency, and long-term security posture.

 

 

By combining SSH & SSL/TLS modernization, centralized key and secrets management, lifecycle automation, and quantum-safe cryptography in one solution, comforte gives security and operations teams a simpler way to reduce risk and prepare for the next era of cryptographic security.

 

 

About comforte AG

 

 

comforte AG is a leading provider of data-centric security solutions that empower enterprises to protect sensitive information throughout its lifecycle while maintaining its usability for business operations. Headquartered in Wiesbaden, Germany, comforte is a trusted partner for global enterprises across various industries. The TAMUNIO data security platform automates the discovery, classification and protection of data within complex IT environments. With over 25 years of expertise, comforte safeguards data for over 300 global customers, including industry leaders like Visa and Mastercard, enabling them to drive digital transformation, optimize operations, and achieve sustainable growth with confidence.

 

 

For more information, visit comforte.com and follow comforte AG on LinkedIn.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602474518/en/

 

Business Wire India

• The immersive event brought the spirit of #BanTheGyaan to life through interactive experiences
• The event spotlights the new campaign film featuring Mandira Bedi, Sumedh Vasudev Mudgalkar, and Diksha Singh

To mark a dual milestone, The Body Shop India hosted an immersive experiential event at its Palladium Mumbai flagship store, celebrating the brand’s 50th global anniversary, which coincides with two decades of The Body Shop’s presence in India.

 

Inspired by the brand’s new global platform, Rebellious by Nature™, the event brought together loyal customers, beauty enthusiasts, and creators alongside Harmeet Singh, Chief Brand Officer, The Body Shop Asia South, and actor, international model, women’s/animals’ rights advocate- Diksha Singh who stars in the campaign film. The celebration focused on individuality, self-expression, and purposeful beauty through immersive brand experiences celebrating fearless self-expression and community connection.

 

A major highlight was the interactive “Stamp the Gyaan” experience. Attendees actively stamped out unsolicited advice and societal pressures they wanted to leave behind, specifically the “gyaan” they wished they had banned at the age of 20. This activation brought the campaign’s core philosophy to life, reinforcing the brand’s message around embracing individuality and rejecting outdated expectations.

 

Reflecting on the campaign Diksha Singh said, “I’m thrilled to be a part of these incredible celebrations with The Body Shop India. It is a brand I have grown up with, and my personal favorite has always been the British Rose range; it is so delicate, floral, and perfect for a simple self-care ritual. Celebrating 50 years globally and 20 years in India alongside such a passionate community today has been an absolute joy.”

 

Adding to this, Harmeet Singh, Chief Brand Officer, The Body Shop Asia South, said, “Rebellious by Nature’ isn’t a campaign for us, it’s a refusal to conform. For 50 years, we’ve challenged industry orthodoxies. With #BanTheGyaan, we’re calling time on outdated rules and unsolicited opinions. Seeing consumers engage so personally with the ‘Stamp the Gyaan’ experience proves that the future of beauty is personal, purposeful, and unapologetically your own.”

 

The 50th-anniversary milestone also spotlights the launch of The Body Shop’s new Rebellious by Nature™ campaign film, featuring Mandira Bedi, Sumedh Vasudev Mudgalkar, and Diksha Singh—personalities who embody fearless individuality. The campaign highlights the brand’s commitment to ethical beauty through its most-loved product ranges, including Edelweiss, British Rose, and Ginger.

 

Marking two decades in India, The Body Shop continues to strengthen its emotional connection with Indian consumers through immersive retail experiences and purpose-led actionism. Over the coming months, the brand will roll out exciting activations, store expansions, and product launches as part of this yearlong celebration.

 

Business Wire India

Kitaabh.com, a cloud-based accounting software platform purpose-built for India’s Chartered Accountants (CAs), accounting firms and small and medium businesses, today announced that it has crossed INR 8.5 crore in revenue — a milestone reached without any spend on performance marketing, paid social, or digital agencies. Kitaabh.com is a 100% made in India with the entire product team based in Visakhapatnam.

 

In a category characterised by fuddy-duddy legacy software, Kitaabh has taken a deliberate growth path of using the double-entry accounting method when leveraging the new-age tech. Co-founder & CEO Srijan Singh has personally led an expo-first go-to-market motion, with the company participating in more than five trade shows, industry expos and accounting conferences every year. There, Srijan and his team have spoken directly with thousands of CAs across India — not to pitch software, but to listen.

 

That listening is now Kitaabh’s product moat. Every feature in the platform — from its keyboard-first interface and GST and TDS compliance modules to its AI-powered financial summaries and real-time dashboards — exists because a practising CA at an expo described, in their own words, why they needed it. The result is software shaped by the people who use it for eight hours a day, not by product managers building from a roadmap. This allows any accounting user, a natural upgrade without having to alter the their keystrokes or any other existing habits. 

 

The timing matters. The Indian accounting software market is at an inflection point: GST has turned compliance into a continuous, real-time exercise; e-invoicing thresholds keep dropping; and a new generation of CAs is openly looking past legacy desktop tools for a faster, cloud-native alternative. Kitaabh is positioning itself precisely at this gap.

 

Commenting on the milestone, Srijan Singh, Co-founder & CEO of Kitaabh Technologies, said: “While everyone was spending money on ads, I was spending time on the ground. I spoke to thousands of CAs at expos across India. They didn’t just become our customers — they became the reason the product is what it is today.”

 

The approach reflects Singh’s own background. A second-generation entrepreneur from a family business, he grew up watching trust get built one handshake at a time at trade fairs and customer visits. Bringing that operating manual into a tech company has, in Kitaabh’s case, produced a SaaS business that has scaled to crore-scale revenues without the heavy performance-marketing spend that fuels most modern SaaS growth — a profile increasingly attractive to investors weighing capital efficiency alongside top-line growth.

 

With the initial revenue success now behind it, Kitaabh plans to deepen its product investment in AI-driven workflows for CA firms, expand its presence at regional accounting forums, and broaden its footprint among multi-client accounting practices across India.

Business Wire India

Global technology corporation FPT has signed a Memorandum of Understanding (MOU) with SATS Ltd, one of the world’s leading providers of air cargo handling services and Asia’s leading airline caterer. The agreement establishes a framework to explore and develop strategic collaborations focused on artificial intelligence (AI) and digital innovation across Singapore, Vietnam, and the broader APAC region.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602737234/en/

 

 

 

This partnership combines SATS’ deep expertise in ground handling and in-flight catering services with FPT’s comprehensive capabilities in AI and digital transformation. Through this MOU, FPT and SATS aim to jointly explore strategic projects that integrate AI for modernizing aviation logistics services, optimizing operational efficiency, enhancing resilience and elevating the overall passenger experience in the dynamic APAC region, especially in Singapore and Vietnam.

 

APAC logistics and aviation sectors are currently undergoing rapid transformation. With Singapore cementing its status as a world-leading aviation and logistics hub, and Vietnam emerging as one of the fastest-growing supply chain markets in the region, the demand for highly optimized, AI-driven operations is at an all-time high.

 

 

“AI application has moved beyond the hype to drive real measurable gains in efficiency, cost savings, and service quality. FPT is committed to being a trusted partner in delivering AI transformation at scale for logistics and aviation sectors, ensuring that Singapore and Vietnam remain at the forefront of global supply chain excellence”, said David Nguyen, FPT Software Senior Vice President and FPT Asia Pacific Chief Executive Officer, FPT Corporation.

 

 

“The signing of this MOU reflects both parties’ intention to explore potential collaboration opportunities and establish a framework for future discussions. While the partnership remains at an exploratory stage, we are encouraged by the potential alignment in our strategic priorities and look forward to continued engagement,” said Bob Chi, CEO of APAC Gateway Services, SATS Ltd.

 

 

With APAC among its strategic markets, FPT has accelerated digital transformation for over 500 leading enterprises across critical sectors such as aviation, logistics, healthcare, and BFSI. Harnessing deep expertise in AI, cloud, data, automation, legacy modernization, and managed services, FPT has enabled organizations to maximize operational excellence and business impact. This mission is driven by an AI-first approach, leveraging the comprehensive FleziPT platform, a global workforce of over 30,000 AI-augmented engineers, world-class AI Factories in Vietnam and Japan, and partnerships with global AI leaders. FPT remains committed to making AI a core competitive advantage for both the corporation and its clients.

 

 

About FPT

 

 

FPT Corporation (FPT) is a globally leading Vietnam-headquartered technology and IT services provider, with operations spanning more than 30 countries and territories. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. With a strong focus on mastering strategic technologies, FPT continues to drive innovation across industries. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses.

 

 

For more information about FPT’s global IT services, please visit https://fptsoftware.com.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602737234/en/

 

Business Wire India

 

Blackstone (NYSE: BX) today announced the final close of Blackstone Capital Partners Asia III (“BCP Asia III”) at $13.1 billion, exceeding its $10 billion target and marking the firm’s largest private equity fundraise in the region. The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle.

 

Joe Baratta, Global Head of Blackstone Private Equity Strategies,said: “We are grateful for the continued trust of our investors in Blackstone and our leading Asia Private Equity franchise. This successful fundraise reflects the strength of our platform and our ability to perform through cycles. Asia Pacific is the fastest-growing region in the world, presenting compelling opportunities to invest at scale behind our high-conviction themes and deliver for our investors.”

 

 

Amit Dixit, Head of Asia for Blackstone Private Equity, said: “For two decades, we have focused on building businesses into market leaders and driving performance for our investors. We believe our differentiation lies in our scale, supported by homegrown teams across the region’s major markets; strong performance; and our control-oriented strategy that enables us to have a hands-on, proactive approach to supporting business transformations. We thank our investors for their support and partnership.”

 

 

Blackstone has been one of the most active global investors in the region over the last 24 months, reinforcing its leadership in India and Japan. The firm invested over $7 billion of capital across 12 transactions, which include:

 

 

• Neysa, a fast-growing Indian AI cloud platform
• TechnoPro, Japan’s leading specialized engineering services provider
• JUNO, South Korea’s top hair salon franchise

 

 

In addition, the firm has had 15 exits with realizations over the same period, including:

 

• Listing of International Gemological Institute, the largest lab grown diamonds certification player
• Listing of Aadhar Housing Finance, India’s largest affordable housing finance business
• Exit from Alinamin Pharmaceutical after helping build the business into one of Japan’s leading consumer healthcare businesses

 

 

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601164137/en/

 

Business Wire India

The Open Group, the vendor-neutral technology and standards organization, today announced the release of the Open Footprint^® Standard, Edition 1.0, that will help organizations streamline scope 1, 2, and 3 emissions reporting.

 

The new standard is the first open emissions data model to address all three scopes, providing a comprehensive framework that enables organizations to collect and standardize data from their value chain and report across multiple jurisdictions.

 

 

“There is an urgent need to streamline emissions data management and reduce the manual effort required to capture data within supply chains, perform data conversion, and report out to various regulators,” said Steve Nunn, President and CEO of The Open Group. “The Open Footprint Standard removes friction and lowers cost, helping organizations identify emissions reduction opportunities.”

 

 

Key features of the model include:

 

 

• Standardized emissions data definitions and relationships
• Simplified emissions data sharing and interoperability across supply chains, easing the fragmented spreadsheet process many organizations have been dealing with
• Reporting against multiple GHG emissions regulations, including CSRD, CA SB 253 and ISSB
• Alignment with WBCSD PACT V3 Product Carbon Footprints, as well as GHG Protocol and ISO Standards

 

 

“Large enterprises today are focused on deriving value from their carbon data and applying AI using modern and integrated data architectures,” said Sammy Lakshmanan, Co-chair, Open Footprint Forum. “The Open Footprint Standard is a foundational element in building an AI-ready carbon management data structure that enables organizations to spend more time on driving business outcomes and less on handling data.”

 

“Accountability in emissions reporting starts with data integrity,” said AJ Van de Voort, Co-chair, Open Footprint Forum. “By standardizing how we capture and manage emissions data throughout its entire lifecycle, we are enabling the level of traceability and verification that modern regulatory landscapes—and stakeholders—now demand.”

 

 

The Open Footprint Standard is split across two parts, with part 1 providing data model general requirements, and part 2 delivering the data element dictionary. The Open Footprint Forum is also making available a set of JSON (JavaScript Object Notation) schema files which can help organizations create database instances using the Open Footprint Data Model structure more easily.

 

 

Click here to learn more and download the Open Footprint Standard, Edition 1.0.

 

 

About The Open Group:

 

 

The Open Group is a global consortium that enables the achievement of business objectives through technology standards and open-source initiatives by fostering a culture of collaboration, inclusivity, and mutual respect among our diverse group of 900+ Memberships. Our Membership includes customers, systems and solutions suppliers, tool vendors, integrators, academics, and consultants across multiple industries. More information on The Open Group can be found at www.opengroup.org

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602260814/en/

 

Business Wire India

 

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced the successful implementation and go‑live of CCH^® Tagetik Financial Close and Consolidation at Banyan Group. Banyan Group is one of the world’s leading independent, multi‑branded hospitality groups operating a diversified portfolio of hotels, resorts, spas, galleries, golf, and branded residences through 12 global brands across 23 countries.

 

The implementation marks a key milestone in Banyan Group’s finance transformation journey, modernizing its consolidation environment and establishing a scalable, cloud‑based foundation for statutory reporting across a highly complex global organization. By replacing a legacy consolidation system with CCH Tagetik, Banyan Group has significantly accelerated its group close while strengthening governance, auditability and data accuracy across the enterprise.

 

 

Meeting the challenges of multi‑GAAP, multi‑entity consolidation in a global hospitality group

 

 

With operations spanning more than 80 legal entities across 23 countries, Banyan Group operates a complex legal and financial structure. Listed on the Singapore Exchange, with a subgroup listed in Thailand, the Group is required to meet multiple regulatory and accounting standards, including Singapore GAAP and Thai GAAP, alongside multi‑currency and multi‑segment reporting.

 

 

As the organization expanded, its legacy consolidation platform became increasingly difficult to maintain. Manual processes, limited flexibility and heavy dependence on IT support constrained the finance team’s ability to respond efficiently to growing reporting demands.

 

 

To address these challenges, Banyan Group partnered with Wolters Kluwer to implement CCH Tagetik, to deliver a modern, cloud‑based consolidation platform designed to support complex group structures and future transformation initiatives.

 

 

“Banyan Group operates one of the most complex consolidation environments in the hospitality sector, with multi-GAAP requirements, multiple listings and a highly distributed global footprint,” said Kumiko Minowa, APJ Managing Director, CCH Tagetik at Wolters Kluwer. “CCH Tagetik enables finance teams to simplify that complexity, accelerate close cycles and build a trusted data foundation for long-term transformation.”

 

 

By implementing CCH Tagetik, Banyan Group has realized clear operational and governance benefits, most notably a financial close that is approximately five working days faster, with the potential to reach up to eight days as further optimizations are introduced.

 

 

Additional benefits include:

 

 

• Faster, more accurate consolidated reporting across 80+ entities
• Stronger data governance and internal controls
• Fewer audit issues due to improved structure and traceability
• Seamless support for multi‑GAAP and multi‑currency requirements

 

 

“Our previous consolidation system had become legacy, outdated and difficult to maintain,” said Kelvin Tan, Head of Corporate Finance at Banyan Group. “We wanted to move to a cloud‑based, future‑proof solution that users could manage more independently, without heavy IT support. Since going live with CCH Tagetik, we’ve accelerated our close by about five working days.”

 

Beyond close and consolidation, the CCH Tagetik platform provides Banyan Group with a scalable foundation to support future initiatives, including budgeting and planning, intelligent disclosure, and ESG reporting. Wolters Kluwer’s continued investment in innovation ensures the platform will evolve alongside Banyan Group’s regulatory, operational and sustainability requirements.

 

 

To learn more, read the full case study about Banyan Group’s successful implementation of the CCH Tagetik Intelligent Platform.

 

 

About Wolters Kluwer

 

 

Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

 

 

Wolters Kluwer reported 2025 annual revenues of €6.1 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,100 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

 

 

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50, and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

 

 

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601314708/en/