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Business Wire India

In a landmark victory for hundreds of families, the National Company Law Tribunal (NCLT), Mumbai, has formally approved the resolution plan for Nirmal Lifestyle (Mulund) Private Limited. This judicial milestone, facilitated by RP Amit Karia from InCorp Restructuring Services LLP (IPE), officially clears the path for the long-awaited completion of the project, turning the dream of homeownership into a reality for distressed homebuyers. The resolution plan, submitted by resolution applicant Mantra Properties and Developers Private Limited, received unanimous support from the Committee of Creditors, signaling a definitive end to years of uncertainty.

 

This gives a sigh of relief to around 234 homebuyers associated with a related partnership firm and its residential project, ‘Nirmal Olympia’, at Mulund, who, despite having no formal standing in the CIRP, will now see their interests protected through the resolution plan. The aggregate debt involved stood at approximately INR 1,491 crores. Mantra Properties and Developers Private Limited has undertaken in its plan to protect the interests of these homebuyers, effectively resolving the liabilities of the partnership firm in tandem with those of the corporate debtor.

 

Since the CIRP applied solely to Nirmal Lifestyle which held a 99.9% stake in the partnership firm and not to the firm itself, homebuyers were left without an avenue to submit their claims to the Resolution Professional. Adding to the complexity, the project land was mortgaged to the Secured Creditors/CoC members. Yet the approach reflects an inventive use of the resolution framework, stretching its reach to deliver relief beyond the confines of corporate insolvency proceedings.

 

RP Amit Karia, Managing Partner at InCorp Restructuring Services LLP, said, “Cases of this nature demand not just technical expertise, but the ability to align deeply divergent stakeholder interests toward a common resolution. What made this resolution particularly meaningful was not just the scale of debt involved, but the 234 homebuyers whose futures were tied to an outcome they had no formal standing to demand. Every resolution we complete reinforces our conviction that insolvency, when handled with rigour and empathy, can be a genuine instrument of value preservation for everyone involved in the process.”

The principal lenders comprised Beacon Trusteeship Limited, acting on behalf of Edelweiss ARC, and Assets Care and Reconstruction Enterprise Limited (ACRE) — both marquee institutional creditors in India’s structured finance landscape. The resolution plan received approval of 100% of the Committee of Creditors, reflecting strong consensus around the proposed resolution framework.

 

Business Wire India

NIVEA, India’s most trusted skincare brand*, has once again secured the No.1 position in the Skincare category in the 15th edition of the TRA Brand Trust Report 2026, marking the sixth consecutive year that Indian consumers have placed their trust in the brand. The recognition reinforces NIVEA’s strong credibility and enduring relationship with consumers across the country.

 

Conducted by TRA Research, the Brand Trust Report surveyed 2,551 peer-influencers across 16 major cities in India. These respondents represent individuals who significantly influence purchasing decisions within their social circles, offering a unique perspective on brand trust and reputation. This year’s report featured seven brands in the Skincare category, with NIVEA emerging at the top once again. In addition to leading the skincare category, NIVEA also secured the top position in the FMCG Super Category, further underscoring the brand’s widespread credibility and consumer confidence across categories.

 

As NIVEA India continues to strengthen its presence in the country, the brand remains committed to delivering skincare solutions rooted in care, quality and innovation. With a diverse portfolio spanning body lotions, sun care, skin creams, personal care products, deodorants, body washes and men’s grooming solutions, NIVEA continues to meet the evolving skincare needs of Indian consumers while reinforcing the trust it has built over the years.

 

Sharing her thoughts on the milestone, Geetika Mehta, Managing Director NIVEA India said: “As a brand, we deeply value the foundation of trust, which we consider pivotal to our continued success and growth. Our aim has always been to consistently strive towards making our consumers satisfied. The TRA report comes as a true recognition of our efforts being channelled in the right direction.”

 

Acknowledging the brand’s continued leadership, N. Chandramouli, CEO, TRA Research, said: “Congratulations to NIVEA on securing the No.1 position in the Skincare category in TRA’s Brand Trust Report 2026. What makes this achievement especially noteworthy is the consistency, this marks six years in a row that Indian consumers have placed their trust in the brand. Trust at this level reflects not just product performance, but long-term reliability and emotional connection with consumers. NIVEA’s continued leadership in skincare demonstrates how sustained brand credibility, familiarity, and product efficacy translate into enduring consumer confidence.”

 

Business Wire India

• The motorola edge 70 pro goes on sale today at 12 PM onwards on Flipkart, Motorola.in, and leading retail stores across India at an effective price starting at just Rs 36,999*

• The motorola edge 70 pro brings an exclusive FIFA World Cup™ 2026 campaign, where consumers purchasing between 29th April to 29th May can get assured FIFA goodies, play on www.hellomotofifa.in to win daily limited-edition motorola edge 70 fusion devices, and stand a chance to win tickets to a FIFA World Cup 2026 quarterfinal match in Los Angeles.
• The smartphone features a Triple 50MP Pro-Grade Camera System led by the Sony-LYTIA™ 710 sensor with OIS, along with a 50MP ultra-wide + macro camera and 50MP autofocus front camera, enabling pro-grade AI photography and 4K 60FPS video across all camera’s
• The device is powered by the MediaTek Dimensity 8500 Extreme, delivering flagship-grade performance with advanced on-device AI, up to 12GB LPDDR5X RAM, 256GB UFS 4.1 storage, and vapor chamber cooling
• The smartphone introduces Collections by Motorola, featuring luxurious Satin-Luxe, Tailored Fabric, and Marble finishes in Pantone™ curated colours for a premium and distinctive design
• The device features a 6.8” 144Hz 1.5K True Colour Quad-Curved AMOLED display with Pantone™ validation, HDR10+, and segment-leading 5200 nits peak brightness for immersive visuals
• The smartphone packs a massive 6500mAh silicon-carbon battery delivering up to 51 hours of battery life, supported by 90W TurboPower™ fast charging for all-day power in minutes
• Built for durability, the device comes with MIL-STD-810H certification, IP68 + IP69 protection, and Corning® Gorilla® Glass 7i for enhanced resistance against water, dust, and extreme conditions

 

Motorola, a global leader in mobile technology and innovation and India’s leading AI smartphone brand~, today announced the sale of the motorola edge 70 pro, bringing pro-grade low-light photography, flagship performance, premium design, and intelligent AI capabilities to consumers. Starting today, consumers can purchase the device from 12 PM onwards on Flipkart, Motorola.in, and leading retail stores across India, at an effective price starting at just Rs 36,999*.

The motorola edge 70 pro sets a new benchmark in smartphone imaging with its Triple 50MP Pro-Grade Camera System, led by the advanced Sony-LYTIA™ 710 sensor powered by moto AI. The system delivers exceptional low-light photography with superior clarity, enhanced dynamic range, and sharper details, while ensuring blur-free captures even in fast-moving scenarios. With Pantone™ Validated Colours and SkinTone™ accuracy, the device reproduces true-to-life visuals, complemented by ultra-sharp 4K 60FPS video recording across all cameras for a seamless and cinematic capture experience.

Powering the device is the MediaTek Dimensity 8500 Extreme processor, designed to deliver fast, efficient, and AI-driven performance. With up to 12GB LPDDR5X RAM, 256GB UFS 4.1 storage, and an advanced vapor chamber cooling system, the smartphone ensures smooth multitasking, responsive gaming, and sustained peak performance across demanding use cases.

Blending craftsmanship with innovation, the motorola edge 70 pro introduces Collections by Motorola, featuring premium finishes such as Satin-Luxe, Tailored Fabric, and Marble textures in Pantone™ curated colours. With a 6.99mm* ultra-slim profile and quad-curved comfort design, the device offers a refined in-hand feel while maintaining durability and style.

The smartphone features a stunning 6.8” 144Hz 1.5K True Colour Quad-Curved AMOLED display, delivering immersive visuals with HDR10+, 100% DCI-P3 colour gamut, and 10-bit colour depth. With segment-leading 5200 nits peak brightness and Pantone™ validation, users experience vibrant colours and exceptional outdoor visibility, complemented by Dolby Atmos® stereo speakers for an enhanced multimedia experience.

Despite its slim design, the device houses a massive 6500mAh silicon-carbon battery, delivering up to 51 hours of battery life. Supported by 90W TurboPower™ charging, users can power up quickly and stay connected, productive, and entertained throughout the day.

Adding to the overall experience, the motorola brings an exclusive FIFA World Cup™ 2026 campaign, where consumers purchasing the motorola edge 70 pro between 29th April and 29th May can claim assured FIFA-branded goodies worth Rs 2000.

Taking the excitement further, Consumers can access a dedicated microsite (www.hellomotofifa.in) to play an interactive football-themed game inspired by the “Football is Calling” campaign and get a chance to win 10 FIFA World Cup™ limited-edition motorola edge 70 fusion devices daily during this period

As participants engage and climb the leaderboard, they move closer to the ultimate reward, where 10 lucky winners will win world cup match tickets to watch a FIFA World Cup 2026 quarterfinal match live in Los Angeles, bringing fans closer to experiencing the world’s biggest football stage.

Built for reliability, the smartphone meets MIL-STD-810H military-grade standards and offers the highest level of protection with IP68 and IP69 ratings, ensuring resistance against dust, water, and extreme conditions, making it a dependable companion for everyday use.

Running on Hello UI based on Android 16, the device offers a clean, secure, and intelligent software experience with moto AI features, enhanced privacy through ThinkShield, and 3 OS upgrades and 5 years of security updates.

Availability:

The motorola edge 70 pro will be available in two storage variants — 8GB RAM + 256GB and 12GB RAM + 256GB — and comes in premium Pantone™ curated colours: PANTONE™ Tea, PANTONE™ Titan, and PANTONE™ Lily White, featuring luxurious Satin-Luxe, Tailored Fabric, and Marble finishes.

The device will go on open sale starting 29th April 2026, from 12 PM onwards on Flipkart, Motorola.in, and leading retail stores across India, at an effective launch price starting at Rs 36,999*.

 

Offer Details:

Product Name: Motorola Edge 70 Pro

Launch Price:

Edge 70 Pro 8/256 GB: Rs 38,999

Edge 70 Pro 12/256 GB: Rs 41,999

Affordability Offer details:

Consumer can avail either of below 2 offers

1. Instant Bank discount upto Rs 2000 from leading banks

2. Exchange Bonus upto Rs 2000

Effective Price with Offer:

edge 70 Pro 8/256 GB : Rs 36,999*
edge 70 Pro 12/256 GB : Rs 39,999*

Operator Offer:

Exclusive Jio SIM Offer: Free access to Google Gemini Pro Plan for 18 months, worth Rs. 35,100

FIFA Offer:

The motorola edge 70 pro brings an exclusive FIFA World Cup™ 2026 campaign, where consumers purchasing between 29th April to 29th May can get assured FIFA goodies, play on www.hellomotofifa.in to win daily limited-edition motorola edge 70 fusion devices, and stand a chance to win tickets to a FIFA World Cup 2026 quarterfinal match in Los Angeles.

#Buy either a motorola signature or a motorola edge 70 pro between 29^th April to 29^th May to watch your world cup dream come true!

• After your purchase, to claim FIFA World Cup 26™ goodies just send #Hello Fifa on WhatsApp +918067916686
• Register on https://www.hellomotofifa.in/ and fill in the entry form with your details
• Play the game and stand a chance to win match tickets

To know more about the product visit: 

Flipkart – https://www.flipkart.com/motorola-edge-70-pro-pantone-tea-256-gb/p/itm8e1524c8da543?pid=MOBHHVERBZZKYEY2

Motorola website – https://www.motorola.in/smartphones-motorola-edge-70-pro/p?skuId=642

Disclaimers:

^ All battery life claims are approximate and based on the median user tested across a mixed use profile (which includes both usage and standby time) under optimal network conditions. Actual battery performance will vary and depends on many factors including signal strength, network and device settings, temperature, battery condition, and usage patterns.

*Price including all offers

~ As Per TechArc India’s Leading AI Smartphone Brand Report 2025

Business Wire India

 

• Sony Sports Network and Sony LIV to Deliver Comprehensive Coverage of the LIV Golf League Across South Asia and Central Asia
• Partnership Brings LIV Golf to Audiences Across India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, Afghanistan, and the Maldives

LIV Golf, the global golf league blending world-class competition with entertainment and culture to grow the game worldwide, announced today a new broadcast partnership with Sony Pictures Networks India (SPNI). The agreement will see Sony deliver comprehensive live coverage of the 2026 LIV Golf League season to audiences in India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, Afghanistan, and the Maldives, broadcasting across its linear television channels (Sony Sports Network) and premium OTT platform (Sony LIV).

 

The new LIV Golf League partnership sits alongside SPNI’s existing 2026 broadcast agreement for The International Series, which features elevated events in world-class destinations. Co-sanctioned by LIV Golf and the Asian Tour, these events offer a pathway for leading professional and amateur golfers from around the world into the LIV Golf League and the Majors. Together, the agreements ensure that audiences across India and the broader South Asian and Central Asian regions will have unparalleled access to the complete LIV Golf ecosystem—from emerging global talent on The International Series to the game’s biggest stars competing in the LIV Golf League.

 

Reflecting a commitment to showcasing elite competition in global markets, the 2026 LIV Golf League season features 14 events spanning 10 countries and five continents, ensuring fans across South Asia and Central Asia will have unprecedented access to elite golf competition. A cornerstone of this global footprint is the League’s robust schedule in Asia, featuring the recently completed HSBC LIV Golf Hong Kong and Aramco LIV Golf Singapore, alongside the highly anticipated LIV Golf Korea from May 28-31. Sony’s coverage of the 2026 season commenced March 19-22 with LIV Golf South Africa in Saudi Arabia and is covering all of the League’s global stops, culminating in the Aramco LIV Golf Michigan Team Championship from August 27-30.

 

“We are thrilled to partner with Sony Pictures Networks India to bring LIV Golf to fans across India, South Asia, and Central Asia,” said Örjan Olsson, SVP, International Media Rights at LIV Golf. “Sony is one of India’s largest and most trusted sports broadcasters. Securing both linear television exposure and established premium OTT distribution materially improves our reach, brand visibility, and long-term positioning in a crucial market. Through Sony Sports Network and Sony LIV, viewers across the region will have unparalleled access to elite global stars, compelling team rivalries, and the global energy that defines the LIV Golf League.”

 

Via the new rights agreement, golf fans and Sony LIV subscribers across India and the wider South Asian and Central Asian regions can consistently follow a premier global field spanning the sport’s most elite competitors and iconic figures – including Bryson DeChambeau, Jon Rahm, Joaquin Niemann, Dustin Johnson, Sergio García, Tyrrell Hatton, and more – alongside a rising generation of global talent such as David Puig, Tom McKibbin, Josele Ballester, Caleb Surratt, Michael La Sasso, and Elvis Smylie competing across 13 teams built to deliver compelling rivalries, global representation, and season-long drama.

 

Rajesh Kaul, Chief Revenue Officer and Business Head, Sports and International, Sony Pictures Networks India said “LIV Golf’s competition format, with events contested over four rounds and 72 holes across many of the world’s most iconic courses, is anchored by the League’s signature shotgun start, which initiates play simultaneously across the entire course. The League’s innovative broadcast approach accelerates pace and enhances both individual and team storylines, delivering a dynamic, action-dense viewing experience with significantly more live action than traditional golf broadcasts – all within a four-to-five-hour window for Sony viewers and global event attendees. With the addition of the LIV Golf League, Sony Pictures Networks India continues to strengthen its premier live sports portfolio, positioning LIV Golf alongside top-tier global sports properties and reinforcing its commitment to delivering mass reach and world-class sporting experiences.”

 

“LIV Golf’s competition format, with events contested over four rounds and 72 holes across many of the world’s most iconic courses, is anchored by the League’s signature shotgun start, which initiates play simultaneously across the entire course. The League’s innovative broadcast approach accelerates pace and enhances both individual and team storylines, delivering a dynamic, action-dense viewing experience with significantly more live action than traditional golf broadcasts – all within a four-to-five-hour window for Sony viewers and global event attendees. With the addition of the LIV Golf League, Sony Pictures Networks India continues to strengthen its premier live sports portfolio, positioning LIV Golf alongside top-tier global sports properties and reinforcing its commitment to delivering mass reach and world-class sporting experiences.”

 

“This partnership with Sony Pictures Networks India is a big moment for golf in India and personally, it means a lot,” said Crushers GC’s Anirban Lahiri. “To have a broadcaster of this scale bring LIV Golf into homes across the region gives fans a real connection to what we’re building week in and week out. The energy, the team aspect, and the pace of play is something I think Indian sports fans will genuinely enjoy and resonate with. For me, it’s also about visibility, giving young players in India a chance to see this level of competition up close and believe they can be part of it one day.”

 

For more information on the 2026 LIV Golf Season, visit LIVGolf.com/schedule.

Business Wire India

 

• Bots now dominate the internet, accounting for over half of all traffic, with 40% classified as malicious.
• AI is erasing the line between legitimate and malicious activity, making intent – not identity – the new security challenge.
• APIs and identity systems are primary targets, with attackers bypassing front-end defenses to exploit core business logic at scale.

 

Thales today released the 2026 Bad Bot Report: Bad Bots in the Agentic Age, revealing a fundamental shift in how the internet operates, as AI-accelerated automation becomes a defining feature of modern digital infrastructure.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260428783532/en/

 

 

 

The findings highlight three major structural changes: the emergence of AI agents as a new category of internet traffic, the dominance of automated activity over human interaction, and the rapid expansion of attacks targeting APIs and identity systems that serve as the backbone of digital business.

 

AI Is Redefining Internet Traffic and Security
The report shows that AI is not just increasing the volume of bot activity, but fundamentally changing its nature. In 2025, AI-driven bot attacks surged 12.5x compared to the previous year.

 

 

More significantly, AI agents are now emerging as a third category of traffic, alongside traditional “good” and “bad” bots, interacting directly with applications and APIs to retrieve data and perform tasks. This shift is blurring the line between legitimate and malicious automation, making it increasingly difficult for organizations to determine intent.

 

 

“AI is transforming automation from something organizations try to block into something they must also manage,” Tim Chang, Global Vice President and General Manager, Application Security at Thales, said. “The challenge is no longer identifying bots. It’s understanding what the bot, agent, or automation is doing, whether it aligns with business intent, and how it interacts with critical systems.”

 

 

This evolution is creating a growing visibility gap. Much of today’s AI-driven activity remains unverified or indistinguishable from legitimate traffic, meaning organizations are operating with an incomplete view of the risks they face.

 

 

Bots Increasingly Outnumber Humans Online
The report shows automation tightening its grip on the internet, with bots continuing to outpace human activity. In 2025, bots made up more than 53% of all web traffic, up from 51% the previous year, while human activity fell to 47%. This reflects a structural shift rather than a temporary trend, with bots no longer tied to specific events like scraping or credential stuffing campaigns, but instead operating as a persistent and expected presence across digital environments.

 

 

APIs and Identity Systems Become the Primary Attack Surface
As digital services increasingly rely on APIs to power core functionality, attackers are following suit. The report finds that 27% of bot attacks now target APIs, where bots can bypass user interfaces and interact directly with backend systems at machine speed.

 

 

These attacks often appear legitimate, using valid authentication and well-formed requests, but exploit business logic, extract sensitive data, or manipulate workflows at scale. The impact is especially pronounced in high-value sectors. Financial services accounted for 24% of all bot attacks and 46% of account takeover incidents, underscoring how automation is being used to directly monetize cyberattacks.

 

 

A New Era of Machine-Driven Interaction
As AI adoption accelerates, the report reveals that the internet is now fundamentally machine driven. Bots are no longer simply tools used by attackers; they are active participants in digital systems, shaping traffic patterns, influencing business metrics, and interacting with systems in real time. In this environment, the ability to manage automation at scale with precision is critical to maintaining security, performance, and trust.

 

 

Confronting the Rise of Uncontrolled Automation
The report concludes that traditional security approaches focused on identifying and blocking bots are not sufficient in an environment where automation is both pervasive and often legitimate. Organizations must move toward a governance-based model, combining visibility, policy enforcement, and behavioral analysis to distinguish between acceptable and harmful automation. This includes defining which AI agents are allowed to interact with systems, implementing controls at the API and identity layer, and designing defenses that can adapt as bots evolve.

 

 

For more information and recommendations, please download the full report and join our webinar to learn more about technologies that can be deployed against malicious bots.

 

 

Methodology
The 2026 Thales Bad Bot Report analyzes full-year 2025 bot activity using data from Thales Threat Research and Security Analyst Services teams. The report examines how automation, powered by AI, is reshaping application security, API exposure, and digital infrastructure globally.

 

 

About Thales Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services helps address several major challenges: sovereignty, security, sustainability and inclusion. The Group allocates €4.5 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, Cybersecurity, Quantum and Cloud technologies. Thales has more than 85,000 employees in 65 countries. In 2025, the Group generated sales of €22.1 billion.

 

PLEASE VISIT

 

Thales Group
Cybersecurity Products | Thales Group
Cybersecurity Solutions | Thales Group

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428783532/en/

 

Business Wire India

Piccadily Agro Industries Limited has announced its financial results for the fiscal year ended March 31, 2026 (FY26), demonstrating exceptional growth and a solidified market presence. The company achieved a record total revenue of INR 1,143 crore, driven predominantly by the aggressive expansion of its distillery business and premium spirit offerings.

Q4 Alco-bev FY26 Financial Highlights

Piccadily Agro continued its upward trajectory in Q4 FY26, with its distillery business delivering exceptional performance:

• Total Revenue: INR 250 crore, up 67% YoY from INR 150 crore in Q4 FY25
• PBT: Growth of 79% to INR 63 crore from INR 35 crore
• EBITDA: INR 74 crore

Full Year Fiscal 2026 Financial Highlights

• Total Revenue: INR 1,143 crore, a 28% surge from INR 893 crore in FY25
• Alco-bev Division: INR 908 crore from INR 639 crore, grew by 42.1% YoY
• Profit Before Tax (PBT): INR 192 crore from INR 144 crore, up 33%
• EBITDA: INR 243.24 crore
• EPS: INR 14.42

The Company delivered a standout full-year performance, reinforced by strong consumer demand for its premium brands. Growth was led by its internationally acclaimed brands – Indri single malt, Camikara Rum, Cashmir Vodka and Whistler Blended Whisky, reinforcing the Company’s position as one of the fastest-growing players in the premium alco-bev segment.

The Company shall be demerged from the sugar division, and the demerger scheme has been filed with SEBI, which expects completion by the end of FY27. Post-demerger, Piccadily Agro will transition into a pure-play alco-beverage company, enabling sharper strategic focus, improved capital allocation, and enhanced value creation for stakeholders.

“Our FY26 performance marks a defining milestone as we cross the INR 1,100 crore revenue threshold, driven by strong global and domestic demand for our premium spirits. Total Revenue stood at INR 1,143 crore, while Net Profit grew to INR 140 crore, underscoring robust growth across both topline and bottom line. The exceptional 62.6% Q4 growth in our IMFL segment highlights the strength of our premiumisation strategy and disciplined execution in the distillery business. With the strategic demerger of our sugar division, we are now sharply focused on unlocking value in our core operations. Additionally, our Chhattisgarh facility will begin monetisation from May 2026, further accelerating our growth and profitability trajectory,” said Natwar Aggarwal, CFO, Piccadily Agro Industries Limited.

Stock Ticker:

BSE (PICCADIL | 530305 | INE546C01010)

https://www.bseindia.com/stock-share-price/piccadily-agro-industries-ltd/piccadily-agro-inds/530305/

NSE Piccadily Agro Industries Limited (INE546C01010)

https://www.nseindia.com/get-quotes/equity?symbol=PICCADIL

Business Wire India

Illumia, formerly known as Transact + CBORD, an award-winning leader in innovative higher education, healthcare, senior living, and corporate technology, today announced the opening of a new office, in the International Tech Park, for its Chennai Global Capability Center (GCC), reinforcing its investment in India as a strategic hub for the company’s global technology and product organization. The formal inauguration was celebrated on April 27 with a traditional lamp-lighting ceremony led by Taran Lent, CTO at Illumia, Srinivasgopal (Srini) Raman, General Manager, and members of the Chennai leadership team.

 

Building on nearly 14 years in Chennai, the GCC reflects Illumia’s continued investment in the city as a center for product and technology work. The Chennai site is home to approximately 80 team members spanning technology, product, cloud, and core business functions including finance, marketing, and human resources. Illumia is actively hiring at this location, with a particular focus on scaling capabilities in cloud engineering, information security, and product engineering to support the company’s global growth.

 

 

“Illumia is scaling with intention, and Chennai is an important part of that strategy,” said Greg Brown, CEO at Illumia. “India offers exceptional technical talent, and our Chennai team is helping strengthen the product, engineering, and operational capabilities that will support our next phase of growth. The investment reflects our long-term commitment to this market and our confidence in the team building with us there.”

 

 

“Chennai has long been home to some of India’s strongest technical talent, and our team here is focused on building the capabilities that will power Illumia’s next chapter, from cloud and information security to product engineering,” said Srini. “This new office shows our commitment to this market and gives our team room to grow, recruit top talent in the region, and contribute to work that matters globally.”

 

 

About Illumia

 

 

Illumia (formerly Transact + CBORD), a business unit of Roper Technologies (Nasdaq: ROP), powers the payments, access, foodservice, and credentialing systems that more than 10,000 higher education, healthcare, and senior living institutions depend on every day. Its unified platform delivers the stability, security, and reliability these environments demand — where downtime is not an option. Illumia transforms the experiences organizations deliver to their communities while modernizing how those organizations operate. For more information, visit illumiatech.com.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428450136/en/

 

Business Wire India

Samsung Bioepis Co., Ltd. and ATLATL Innovation Center (hereinafter referred to as “ATLATL”), global innovation platform for life science research and development, today announced that the companies have entered into a Memorandum of Understanding (MoU) on an open innovation program to accelerate early-stage biotech innovation in Asia-Pacific.

 

Through this partnership, Samsung Bioepis aims to leverage ATLATL’s innovative R&D network and expertise in the Asia-Pacific biotech sector to identify and support promising early-stage biotech companies and breakthrough technologies.

 

 

“External innovation is becoming increasingly important in drug development—not only to identify and foster promising early-stage technologies and companies, but also to cultivate a broader innovation ecosystem,” said Min Jeong Seo, Vice President and Leader of Open Innovation Team, at Samsung Bioepis. “By leveraging ATLATL’s extensive network and ecosystem as one of the largest biotech incubation centers in the Asia-Pacific region, we believe strategic partnerships can help accelerate the translation of promising science into meaningful medicines for patients.”

 

 

“ATLATL connects early-stage science with the infrastructure and expertise needed for real-world translation,” said Dr. PC Zhu, founder and CEO of ATLATL. “Through our integrated R&D ecosystem across Asia-Pacific, and in collaboration with Samsung Bioepis, we aim to accelerate the development of high-potential technologies and bring impactful therapies to patients more efficiently.”

 

 

As part of this collaboration, Samsung Bioepis plans to launch the Innovation Prize, an open innovation program in partnership with ATLATL. Through this initiative, selected early-stage biotech companies will have the opportunity to reside at ATLATL’s incubation center with access to world-class resources, infrastructure, and expertise to accelerate their growth and development.

 

 

About Samsung Bioepis Co., Ltd.

 

 

Established in 2012, Samsung Bioepis is a biopharmaceutical company committed to realizing healthcare that is accessible to everyone. Through innovations in product development and a firm commitment to quality, Samsung Bioepis aims to become the world’s leading biopharmaceutical company. As a wholly owned subsidiary of Samsung Epis Holdings, Samsung Bioepis continues to advance a broad pipeline of biologic candidates that cover a spectrum of therapeutic areas, including immunology, oncology, ophthalmology, hematology, nephrology, endocrinology. For more information, please visit www.samsungbioepis.com and follow us on LinkedIn and X.

 

 

About ATLATL

 

 

As a global innovation platform for life science research and development, ATLATL has established research centers in Beijing, Shanghai, Shenzhen, Singapore, Hong Kong, and other strategic locations.

 

 

ATLATL provides clients with comprehensive research and development services covering various stages, including in vitro drug screening, in vivo disease model establishment, and efficacy evaluation. ATLATL also supports key applications such as large molecule, small molecule, nucleic acid drugs, gene and cell therapy, drug delivery, as well as cutting-edge fields like multi-omics, gene editing, organoids, and organ-on-a-chip. Additionally, ATLATL provides an outstanding experimental environment and professional operational management for scientific researchers.

 

 

Through in-depth cooperation with leading global enterprises and research institutions, ATLATL continuously integrates research and development resources and promotes the sharing of new technologies. With advanced systematic research and development models, ATLATL accelerates the engineering process of life sciences, enabling scientific research results to be rapidly and efficiently translated into clinical practice, and contributing to life science innovation and public health on a global level.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428924789/en/

 

Business Wire India

Alipay today launched a new AI payment processing product that enables businesses, large and small, including One Person Companies (OPCs) in the Chinese mainland, to receive payments seamlessly when autonomous AI agents, including OpenClaw-type agents, purchase their services.

 

This new product is being launched as AI agents are increasingly executing tasks on behalf of users, from booking travel and comparing prices, to allocating computing power and buying tokens. The product is available on Alipay’s website (https://aipay.alipay.com/).

 

 

With Alipay’s AI payment processing product, small and medium-sized businesses do not need to build complex payment or settlement systems. By simply onboarding their monetizable services, businesses can reach more customers and receive payment each time an AI agent purchases their service.

 

 

Bocha, an AI-powered search tool offering web search support for AI applications including DeepSeek, has already adopted Alipay’s AI payment processing product, transforming advanced web search capabilities into a standard, pay-per-use service. With daily API calls surpassing 30 million, Bocha has deployed its paid skill “bocha-web-search-a2m” on AI agents including Alipay Tbox and Hermes Agent.

 

 

After users install the skill on their AI agent, they can state their request. For example, “help me search for the latest AI technology report” – and the AI agent handles the rest. It will inform the user of the fee to access the paid web search, awaiting confirmation, then returning the search result once the user confirms payment via the Alipay AI Pay skill.

 

 

As core infrastructure, Alipay’s business-facing AI payment processing product helps unlock the potential of the agent economy for tens of millions of businesses. This innovation comes after Alipay launched its consumer-facing AI payment product Alipay AI Pay in 2025.

 

 

Alipay AI Pay is an AI-native payment solution that enables secure, seamless transactions through AI agents via voice command. Alipay AI Pay surpassed 100 million users in February 2026 and processed over 120 million transactions during the week of February 5-11, 2026, becoming the world’s first AI-native payment product to reach these milestones.

 

 

As agentic commerce grows in China, Alipay AI Pay has expanded across a range of use cases — from AI agents embedded in apps and mini programs for traditional retailers such as Luckin Coffee, to AI smart glasses such as Rokid’s, consumer-facing AI applications like Alibaba’s Qwen and OpenClaw-type AI agents.

 

 

About Alipay

 

 

As the world becomes increasingly digital, Alipay has evolved from a trusted e-wallet into an all-in-one digital platform for daily services, connecting more than one billion consumers to over 80 million merchants across China. Alipay offers users a secure, seamless mobile payment experience and integrates over 10,000 services across sectors like travel, healthcare, tourism, and entertainment. With digital tools like Alipay Tap!, mini-programs, lifestyle accounts, Alipay enables merchants, institutions, and independent software vendors (ISVs) to enhance operational efficiency and effectiveness. In addition, Alipay is developing a new AI-driven open platform by integrating AI agents to deliver smarter, more personalized services to its users as well as facilitating the digital transformation of the service sector.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428546438/en/

 

Business Wire India

Global technology corporation FPT and Shinhan Bank Co.,Ltd. (Korea) (“Shinhan Bank”) recently signed a memorandum of understanding (MoU), to expand cooperation in digital finance, startup ecosystems, and strategic technologies, with AI as a key enabler to unlock new opportunities across innovation ecosystems in Vietnam and South Korea.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260428059204/en/

 

 

 

The MOU exchange ceremony took place during the Viet Nam-South Korea Business Forum in Hanoi, held during South Korean President H.E. Lee Jae Myung’s official visit to Vietnam, highlighting a growing momentum in bilateral cooperation in these sectors.

 

Combining Shinhan Bank’s financial sector expertise and local understanding with FPT’s strengths in digital transformation, AI, and core banking, the partnership is expected to support Shinhan Bank’s next phase of growth while opening stronger pathways for collaboration between Vietnam and South Korea.

 

 

Particularly, FPT and Shinhan Bank will explore new opportunities for joint innovation, applying AI and Big Data to accelerate solution development, strengthen ecosystem connectivity, and unlock new digital value. Both sides will also deepen exchange and cooperation in strategic sectors such as semiconductors, quantum technologies, low-altitude economy, future mobility, and other next-generation technologies.

 

 

This collaboration also creates a platform for startups, enterprises, and ecosystem players in both markets to turn ideas into scalable business opportunities. As part of the effort, FPT and Shinhan Bank will support Korean and Vietnamese startups entering each other’s markets, accelerating soft landing, local connections, and mutual platforms for long-term growth, ultimately driving more forward-looking digital financial capabilities in both countries.

 

 

“South Korea is moving decisively to scale AI in financial services and direct more capital toward the strategic industries that will shape its next growth cycle. Together with Shinhan Bank, we will shape more scalable, AI-first models for digital finance while strengthening links between startups, enterprises, and innovation ecosystems across high-potential areas for Vietnam and South Korea,” said Ha Minh Tuan, FPT Korea Chief Executive Officer, FPT Corporation.

 

 

“This collaboration aligns with the growing momentum of the two countries’ comprehensive strategic partnership, where innovation, technology, and entrepreneurship are key drivers of shared growth. As Vietnam’s leading technology company, FPT will continue contributing our capabilities in AI, digital transformation, and engineering to cross-border collaborations,” Tuan added.

 

 

“Vietnam is emerging as a key hub in the global supply chain. By strengthening collaboration with leading partners in Vietnam, Shinhan Bank aims to develop innovative financial models, support Korean enterprises in expanding their operations in Vietnam, and serve as a trusted financial partner contributing to the development of the financial sectors in both countries,” said Jung Sang Hyuk, President & CEO, Shinhan Bank.

 

 

FPT and Shinhan Bank’s partnership dates back to 2018 with a focus on digital banking modernization and fintech solutions, laying the groundwork for broader collaboration. The relationship has since expanded across the Shinhan ecosystem, notably with FPT enabling Shinhan Life Insurance to strengthen operational efficiency and customer experience through AI, Big Data, and IoT, alongside other green and intelligent transformation initiatives.

 

 

Since entering South Korea in 2016, FPT has established itself as a trusted digital partner delivering end-to-end IT services to leading enterprises across sectors, including LG Electronics, LG CNS, and Shinsegae I&C, among others. With a growing footprint across Seoul, Daegu, and Pangyo, the tech firm now boasts more than 300 on-site experts and over 2,500 offshore engineers serving the market, with strong traction in automotive, SAP, ERP, and low-code services.

 

 

Built on an AI-First strategy, robust infrastructure, and industry-tailored AI solutions for the BFSI sector, FPT is well-positioned to help financial institutions accelerate digital banking transformation, scale fintech innovation, and capture new opportunities between South Korea and Vietnam.

 

 

About FPT Corporation

 

 

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. 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. FPT focuses on three critical transformations: Digital Transformation, Intelligence Transformation, and Green Transformation. 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.

 

 

About Shinhan Bank

 

 

Shinhan Bank Co.,Ltd. (SHBKR) is the flagship bank of Shinhan Financial Group, one of the leading financial groups in Korea. Established in 1982, SHBKR provides a full range of financial services, including corporate and retail banking, wealth management, and international banking.

 

 

Shinhan Financial Group and SHBKR are recognized among Korea’s top 10 Domestic Systemically Important Banks (D-SIBs), reflecting their strong financial position and critical role in the national banking system.

 

 

SHBKR operates an extensive global network across more than 20 countries with over 160 locations, supporting cross-border investment, trade, and business connectivity. In Southeast Asia, the bank is present in Vietnam, Indonesia, Singapore, Myanmar, and Cambodia, with Vietnam identified as a key strategic market.

 

 

In recent years, SHBKR has accelerated its digital transformation and the adoption of artificial intelligence (AI) across its operations and customer journey. The bank continues to invest in data infrastructure and advanced digital platforms to enhance operational efficiency, strengthen risk management, and deliver more personalized financial solutions.

 

 

For more information about Shinhan Bank Korea, please visit https://www.shinhan.com/

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428059204/en/