Mumbai, May 13: Shyam Metalics and Energy Limited (SMEL), one of Indias leading integrated metal-producing companies, announced its financial results for the quarter and full year ended 31st March 2026, reporting robust growth across revenue, profitability, and operational performance.

The Company reported consolidated revenue of ₹5,240 crore in Q4 FY26, registering a growth of 27% year-on-year, compared to ₹4,139 crore in Q4 FY25. EBITDA for the quarter stood at ₹756 crore, up 33% YoY, while Profit After Tax (PAT) rose 42% YoY to ₹312 crore. Operating EBITDA increased by 41% YoY to ₹727 crore during the quarter.

For the full financial year FY26, the Company reported consolidated revenue of ₹18,552 crore, reflecting a growth of 22% over FY25. EBITDA for the year stood at ₹2,537 crore, while PAT increased to ₹1,061 crore. Operating EBITDA for FY26 stood at ₹2,333 crore, registering a growth of 25% year-on-year.

The Company witnessed strong operational momentum during the quarter, with overall volumes growing by 22% year-on-year in Q4 FY26. Significant growth was witnessed across key product categories including CR Coil/CR Sheet, Pig Iron, Stainless Steel and Iron Pellets, supported by improved realizations and enhanced operational efficiencies.

During the quarter, the Board approved an additional capex outlay of ₹2,700 crore aimed at strengthening the Companys presence in value-added and specialty steel segments, expanding downstream capabilities, and supporting long-term growth initiatives.

The Company also made notable progress across its strategic expansion projects during the year, including the commencement of Phase 2 operations at its CRM complex in Jamuria and expansion at its aluminium plant in Pakuria through the addition of annealing furnaces. Further, the aluminium manufacturing project in Odisha is in an advanced stage of readiness for commencement of commercial production.

The Companys continued investments and expansion initiatives are also aligned with the broader industrial growth momentum being witnessed across West Bengal, supported by the states increasing focus on manufacturing-led development, infrastructure creation, ease of doing business, and industrial ecosystem strengthening. Through its sustained investments, employment generation, and capacity expansion initiatives, Shyam Metalics continues to contribute meaningfully towards the vision of a stronger industrial and manufacturing-driven “Sonar Bangla.”

Commenting on the results, Mr. Brij Bhushan Agarwal, Chairman & Managing Director, Shyam Metalics and Energy Limited, said, “Our performance during Q4 and FY26 reflects the strength of our integrated business model, disciplined execution, and continued focus on operational excellence. The consistent growth across revenues, profitability, and volumes demonstrates our ability to create sustainable value while navigating evolving market conditions. The newly approved capex will further strengthen our downstream and value-added product portfolio, supporting long-term growth across steel and aluminium segments.

As West Bengal enters a new phase of industrial and economic progress, we believe the governments renewed focus on infrastructure, investment facilitation, and ease of doing business will further strengthen the states manufacturing ecosystem. Through our upcoming expansion projects, we aim to support over 50,000 direct and indirect livelihoods from the current 25,000+, while contributing meaningfully towards the vision of a stronger and self-reliant Sonar Bangla.”

The Company remains focused on strengthening its market position through premiumization, downstream integration, operational discipline, and strategic capacity expansion, while continuing to drive long-term sustainable growth.

Mumbai, India, May 13: Yuma Energy, one of India’s leading battery-as-a-service (BaaS) and EV energy infrastructure companies, has partnered with Mumbai Metro Rail Corporation (MMRC) to establish battery swapping stations across Mumbai Metro Line 3, strengthening accessible and sustainable EV infrastructure within the city’s public transport ecosystem. 

Under this partnership, Yuma Energy will set up 22 battery swapping stations across nine metro stations within the MMRC network. The initiative is aimed at supporting Mumbai’s growing community of electric two-wheeler users, including gig workers, delivery partners, fleet operators, and daily commuters who depend on uninterrupted mobility. 

With over 13,000 vehicles powered by Yuma Energy across Mumbai and more than 20,000 battery swaps daily, the metro-based swapping network will provide riders with convenient access to fast, reliable, and safe energy infrastructure at key transit hubs. By integrating swapping stations within metro premises, users will be able to seamlessly combine public transport connectivity with electric mobility solutions, reducing downtime and improving operational efficiency.  

“Yuma Energy is on a mission to build India’s most accessible battery swapping network, and this partnership with MMRCL is a defining step forward. Metro Line 3 gives us one of the highest-footfall corridors in Mumbai, strengthening our network density further and bringing seamless, clean energy closer to where consumers need it most.” 
 —Muthu Subramanian, GM & MD, Yuma Energy 

“MMRC is committed to enabling sustainable and commuter-friendly urban infrastructure across Mumbai. This partnership with Yuma Energy is a step towards promoting clean mobility solutions by enabling battery swapping facilities that can act as metro feeder services while also strengthening the city’s growing EV ecosystem.” 

—Mr. R. Ramana, Director (Planning & Real Estate Dev./NFBR), MMRCL 

The partnership is part of MMRCL’s Non-Fare Box Revenue (NFBR) initiative, aimed at enhancing commuter services while maximising station infrastructure utility. The collaboration also reflects MMRCL’s commitment to enabling cleaner and smarter urban mobility solutions for Mumbai by opening metro infrastructure for public EV amenities such as battery swapping. 

Building on the proven foundations of RING and ARTESCA, Scality ADI introduces autonomous operations, cross-media flexibility, and extreme AI-scale performance for organizations operating at multi-petabyte to exabyte scale

SAN FRANCISCO, May 13 — Scality, a global leader in data infrastructure software for the AI era, today announced Scality ADI (Autonomous Data Infrastructure), a sustainable data infrastructure platform designed for organizations that must simultaneously power diverse AI workloads, defend against escalating cyber threats, and maintain sovereign control over their data.

Scality ADI combines Scality’s proven distributed object storage foundation with Guardian, an AI-powered autonomous operations engine that dramatically reduces administrative burden while keeping humans in the loop for every decision. The platform spans multiple storage media classes within a single namespace, with policy-driven lifecycle management that lets organizations align the right performance and economics to each workload.

RING and ARTESCA, Scality’s trusted solutions for large-scale distributed storage and immutable backup storage, continue as core products in the portfolio.

AI has broken the old storage model

The demands on enterprise data infrastructure have fundamentally changed. AI is no longer a single workload. It spans training, inference, multimodal agentic workflows, retrieval-augmented generation (RAG), video search and summarization (VSS), and KV cache for distributed inference. Each has radically different requirements for throughput, latency, and data governance. At the same time, cyber threats have grown more sophisticated, regulators demand provable resilience, and power constraints have become hard design limits in modern data centers.

Traditional storage architectures, designed for predictable growth and isolated tiers, force painful tradeoffs between performance, resilience, cost, and control. Organizations do not need another storage product with yet increased complexity. They need sustainable data infrastructure built for the decades ahead.

Building on the success of Scality ARTESCA and Scality RING

Scality ADI builds on more than 15 years of innovation. Scality RING, deployed by the world’s most demanding organizations for large-scale distributed storage, has proven its resilience and scalability at multi-petabyte to exabyte scale for over a decade. ARTESCA, Scality’s backup-first object storage solution with CORE5 end-to-end cyber resilience and a $100,000 cyber guarantee, has become a trusted foundation for immutable data protection. Both products continue and remain central to Scality’s portfolio.

Scality ADI represents the next chapter: a product purpose-built for the new realities that AI, sovereign data requirements, and sustainability constraints impose on enterprise infrastructure.

A platform built for what comes next

Scality ADI introduces capabilities that go beyond what any single storage product can deliver. Scality Guardian, its autonomous operations engine, uses AI-powered agents to handle expansion, healing, rebalancing, upgrades, and lifecycle workflows, dramatically reducing the administrative burden on infrastructure teams.

Every operation follows a human-in-the-loop principle: Scality Guardian surfaces insights and recommends actions, but humans approve and control every decision. Beyond built-in Guardian intelligence, MCP-enabled extensibility allows organizations to integrate their own AI tools and automation workflows directly into ADI operations, so the platform can be driven by a customer’s own AI stack, not just Scality’s.

Its software-defined, disaggregated architecture spans NVMe SSD (TLC/QLC), HDD, tape and cloud storage within a single namespace, while policy-driven lifecycle management, defined and approved by operators, aligns the right media, performance, and economics to each workload:

• It can deliver the extreme performance requirements of GPUs at multi-TB/s and ultra-low latency thanks to our new RDMA-accelerated KV cache connector.
• QLC, HDD and future NL-flash deliver balanced performance at an attractive cost of ownership.
• Long-term archives achieve near-zero power consumption on tape or cloud ice cold storage.

CORE5 cyber resilience ensures data remains immutable, recoverable, and auditable at every level. Real-time power telemetry gives infrastructure teams visibility into consumption at system, node, and workload levels, connecting performance decisions to actual data center constraints.

Open-code and outcome-based customer experience

Scality ADI is delivered as open-code software with the source code available for inspection and governed contributions to support both longevity and transparency in mission-critical environments. It is also backed by outcome-based SLAs spanning availability, performance, protection posture, power consumption, and operational efficiency. It is designed for large enterprises, government organizations, and sovereign environments where trust, longevity, and inspectability are as important as technical performance.

“The AI era hasn’t just changed how enterprises use data, it has exposed how badly the old storage model was broken. Scality ADI isn’t just a faster object store. It’s a new operating model that autonomously aligns the right performance, protection, and economics to every workload, at every stage of the data lifecycle. That’s what it takes to keep GPUs productive, satisfy regulators and insurers, and maintain sovereign control, all at the same time, and at exabyte scale. We are not replacing what works. We are building what comes next.”

— Jérôme Lecat, CEO, Scality

“We have relied on Scality RING as a core storage platform of our private cloud since 2021, and it has consistently delivered the scale, resilience, and performance our operations require. Scality ADI and its Guardian autonomous operations represent exactly the evolution we need — AI-enabled infrastructure management that will allow our teams to operate more efficiently while maintaining the security and control standards our business demands.”

— Manuel Paviotti, Manager Backup & Storage, Groupama G2S

“Our research underscores that building the right data infrastructure is critical in evolving enterprise AI from PoC to operational scale that meets the realities and responsibilities of complex, modern organisations. Yet, the conversation around autonomous infrastructure has too often defaulted to marketing language without addressing the governance question enterprises care about. Scality ADI takes a more credible approach, with operational intelligence through policy-governed execution, where agents surface recommendations and actions occur within auditable bounds, on an architecture ideally suited to the regulated, sovereign, and mission-critical environments where trust in the platform is as important as its technical performance.”

— Simon Robinson, Principal Analyst, Omdia

Availability

Scality ADI is available now through Scality’s global network of channel partners and strategic alliance partners.

Bengaluru, May 13: In a landmark moment for the global pet care industry, Dogsee Chew, one of India’s top pet care brands, is all set to make its debut at the 79th edition of the Cannes Film Festival 2026, bringing the fast-growing pet wellness industry to one of the world’s most influential global platforms.

For Dogsee, Cannes is more than just a brand presence. It is a sign of the growing cultural and commercial significance of pet care around the world. As pets become ever more integral family members in modern times, the conversation around pet nutrition, wellness and conscious care giving has evolved into a global mainstream movement, one that is now shaping consumer behaviour, retail trends and wellness choices across markets.

Founded in 2015 by entrepreneurs and pet parents Sneh Sharma and Bhupendra Khanal, Dogsee Chew pioneered the Himalayan yak chew category globally by introducing natural Chhurpi-based dog treats sourced from the Himalayas. Today, the brand is present in over 30 countries and trusted by more than a million pet parents worldwide based on the belief that pets deserve cleaner, healthier and more natural nutrition.

At the core of Dogsee’s portfolio are its Himalayan Yak Chews, 100% natural, preservative-free, rawhide-free, and high-protein treats crafted using ethically sourced yak and cow milk through a traditional Himalayan smoke-drying process. Over the years, the company has expanded into dental chews, training treats, functional flavoured variants, and wellness supplements under the Dogsee Activet Plus+ range.

“We are incredibly proud and excited to represent the pet wellness industry on a platform as iconic as the Cannes Film Festival. For us, this is a great opportunity and a moment that reflects how pet care has evolved into a meaningful global conversation around wellness, nutrition, and conscious living. Bringing a Himalayan-born brand to this stage is truly special”, said Bhupendra Khanal and Sneh Sharma, Co-founders, Dogsee Chew.

Dogsee’s presence at Cannes signals a larger shift taking place across the pet industry. Once considered a niche category, pet wellness has emerged as one of the fastest-growing global consumer sectors, driven by rising awareness around animal health, premium nutrition, and holistic care. The brand’s debut at Cannes underscores how businesses for pets are now entering the mainstream cultural and business conversations, along with fashion, beauty, wellness and lifestyle.

As Dogsee continues to strengthen its footprint across India, the US, Canada, Europe, and Asia Pacific, the company aims to position Himalayan Natural Nutrition as the global benchmark in pet wellness while building one of the world’s most trusted pet care brands from the Himalayas.

San Francisco, CA – May 13: voice AI startup Vapi announced a $50 million funding round to make all calls extraordinary.  When a customer calls a business, they aren’t looking for another channel. They’re looking for an outcome. But most phone experiences still run on rigid phone trees, scripts, and deterministic systems that can’t listen, adapt, or resolve issues the way a human can. Voice is where intent is highest and expectations are clearest. Vapi, the leading platform for deploying configurable voice agents at scale, was built to make that channel extraordinary. 

Following a 10x in enterprise ARR growth, the Series B round was led by Peak XV with participation by M12, Microsoft’s Venture Fund, Kleiner Perkins, Bessemer Venture Partners, and earlier investors, bringing total funding to $72 million.

Nearly $3 trillion in global sales are projected to be at risk in 2026 due to bad customer experiences. And despite years of investment in chatbots, automation, and self-service portals, customer satisfaction scores haven’t increased. Since 2022, they’ve actually dropped by 2%, and haven’t meaningfully moved since 2017. The problem isn’t that businesses aren’t trying. It’s that the systems behind most customer interactions were never designed to listen, adapt, or meet people where they are. Vapi believes the fastest way to earn trust and resolve issues has always been a real conversation. Voice AI can finally make those conversations happen at scale.

Enterprise customers include Amazon Ring, Kavak, ServiceTitan, New York Life, and Intuit. Amazon Ring uses Vapi to handle inbound customer inquiries about smart home security devices.

“When [Amazon] Ring customers call in, they expect fast, high-quality support,” said Jason Mitura, Vice President of Software Development at Amazon Ring. “After evaluating dozens of vendors, Vapi stood out. We went from zero to production in two weeks, and 100% of our inbound volume now runs through the Vapi. Most importantly, we’ve maintained our high bar of support for our customers and CSAT scores have improved. Vapi gives our teams the ability to tune the agent experience without depending on engineering. A lot of AI tools promise great outcomes – Vapi has delivered on them.” 

Vapi is an enterprise voice AI platform for building, deploying, and managing voice agents that deliver the outcomes businesses want at the scale their customers need. The platform is designed to take teams from working prototype to production-scale deployment in days instead of months. Vapi’s platform is optimized for low latency, with the flexibility to swap models and providers, and an API that removes the need to understand telephony internals. Vapi’s mission is to make it easy for any business to build the kind of human interface that lets customers get the help they need.

The platform powers voice AI for businesses that need to handle calls at scale – supporting everything from inbound customer service and outbound collections to candidate screening, sales coaching through simulated dialogue, and autonomous IVR navigation. Customers use Vapi to replace or augment contact centers, automate high-volume qualification workflows, and navigate complex third-party payer systems without human involvement. The company has found its strongest traction in financial services, healthcare, insurance, automotive, and workforce management.

“Vapi has built a differentiated self-serve product for developers and enterprises in the massive voiceAI revolution,” said Arnav Sahu, Partner at Peak XV. “In 10 years, it’s likely most calls will not have a human behind the phone. With its bottom-up, PLG approach, we believe Vapi is the next Zapier and n8n for voiceAI workflows. At Peak XV, we are investors in several developer and bottom-up companies like Supabase, PostHog, Better Auth and ClickHouse and believe Vapi has the potential to be the defining platform for voice AI. We are excited to partner with them.”

Co-founders Jordan Dearsley and Nikhil Gupta met at the University of Waterloo and spent years building products together, including a Y Combinator-backed calendar app that reached profitability. Vapi started almost by accident. In mid-2023, Dearsley built a voice-based AI therapist for his daily walks, chaining models together and optimizing for latency until he had a working phone-based system. The therapy product didn’t take off, but the infrastructure did. Vapi launched publicly on Product Hunt in March 2024.

Most businesses have spent decades of time and effort, only to make their customer experience worse,” said Jordan Dearsley, CEO and co-founder of Vapi. “The real unlock is building agents for your customers that feel human. Vapi gives teams the platform to deploy voice agents that actually solve problems for customers — millions of them, every day.

Today, the company reports more than 1 million developers, over 2.7 million unique agents created, and over 1 billion calls made. 

Vapi sees the next phase of voice AI being defined by governance and predictability. As agents take on higher-stakes workflows, enterprise operators need tighter uptime guarantees, predictable latency under load, and call-level monitoring that treats every conversation as a production workload. That is where the company is focused: deeper reliability, stronger guardrails that keep agents within defined boundaries, and clear escalation paths when a situation calls for a human. The goal is to make it easy for any business to deploy voice agents that deliver measurable outcomes at scale, so that getting help feels as natural as having a real conversation.

Mumbai, May 12: Narotam Sekhsaria Foundation (NSF) and Salaam Mumbai Foundation (SMF) jointly organised the Narotam Sekhsaria Foundation Grants and Awards 2026 ceremony on 12th May 2026 at Yashwantrao Chavan Centre, Runanubandha Hall, Mumbai. On this occasion, 4 NGO Grantees and 6 individuals from different states in India were felicitated by Dr. Rita Parvade, Assistant Director, Directorate of Health Services, Govt. of Maharashtra. To  strengthen the Tobacco Free Schools Programme, Narotam Sekhsaria Foundation and Salaam Mumbai Foundation annually felicitate individuals who have made significant contributions in creating a tobacco-free and healthy environment at educational institutions as well as village and community levels.

These awardees contribute to the effective implementation and dissemination of the Cigarettes and Other Tobacco Products Act (COTPA) and Tobacco Free Educational Institution (ToFEI) guidelines under the National Tobacco Control Programme (NTCP) of GoI. All these awardees are agents of change in the society, creating awareness at the grassroots among educational institutions and communities.

Founded by Mr. Narotam Sekhsaria in 2002, the Narotam Sekhsaria Foundation (NSF) supports initiatives towards a holistic change in society through the fields of Health, Education and Livelihood as focus areas. The Foundation has three main focus areas within the health domain i.e. cancer care, tobacco control, and palliative care. It has partnered with the Directorate of Health Services, Government of Maharashtra for providing technical support to tobacco cessation centres in 10 districts of the state.

Since 2008, Salaam Mumbai Foundation (SMF) in collaboration with the Departments of Education and Health, has been effectively implementing the Tobacco Free and Healthy Schools Initiative in Maharashtra as well as at the national level.

As part of its commitment to cancer prevention, NSF instituted the NGO Grants and Awards in 2009-2010 to support and encourage grassroots initiatives in tobacco control. It has been offering grants to NGOs and awarding individuals for their outstanding work in the area of tobacco control. NGOs and individuals involved in tobacco control from different parts of the country are selected through a rigorous assessment process in coordination with Salaam Mumbai Foundation. Till date, the Foundation has felicitated 60 individuals and offered grants to 39 NGOs across 13 states in India. Under this initiative, more than 5500 schools have been declared as tobacco-free, 15,62,059 villagers have been sensitised on the harms of tobacco through awareness sessions to support the efforts of the tobacco-free school programme, 2,47,540 stakeholders like panchayat members, police, education officers and others were trained. Around 1,81,797 teachers have been trained to make their schools tobacco-free.

Overall, the NSF Grants and Awards have had a huge impact on the recipients of the awards and have built their capacities to take up leadership roles for tobacco control in their respective contexts as revealed by the data. This in turn has translated into positive changes at village, school and individual levels.

This year, 4 NGOs and 6 individuals have been selected for the grants and awards respectively.  

Mr. Manish Joshi, Director & CEO – Narotam Sekhsaria Foundation commented “As India continues to advance as a global leader in public health, the Narotam Sekhsaria Foundation remain deeply committed to supporting national initiatives designed to curb the tobacco epidemic. As per reports over 1.35 million lives are lost annually to tobacco-related diseases, it is imperative that both the public and private sectors work together. We strongly support the government’s policy intervention like the COTPA 2003, ToFEI guidelines. Also, we welcome the government’s move on expansion of Tobacco Cessation Centers in districts and all health facilities. The Foundation is proud to advocate for a healthier India’s youth and workforce. We are willing to partner more with the state government on Tobacco Cessation.”

Ms. Rajashree Kadam, Trustee – Salaam Mumbai Foundation shared, “We are grateful to the NGOs and individuals who continue to work tirelessly at the grassroots to protect children and communities from the harmful effects of tobacco addiction. Through the Narotam Sekhsaria Foundation Grants and Awards, we are not only recognising their efforts but also strengthening the larger tobacco control ecosystem by building the capacities of schools, teachers, community stakeholders, and local leaders. These partnerships are critical in helping us expand and sustain a strong tobacco control repertoire across districts and communities. The dedication of these organisations plays a vital role in creating healthier, tobacco-free environments for young people to thrive.” 

While the award encourages the individuals to continue the good work, the NGO grants focus on working towards the implementation of a Tobacco-Free school programme in their respective Districts. The NGOs develop innovative strategies for tobacco control and gradually, position themselves as catalysts for changing social attitudes towards the use of tobacco. The school teachers, local NGOs and local activists for change reach out to a larger number of people and sustain the programme at school and community level as they work at the grassroots. 

NSF NGO Grantees for 2026-2027 and NSF Awardees 2026 list 

NGOs

 Individuals

 Key Dignitaries at the event:

·           Dr. Rita Parvade, Assistant Director, Directorate of Health Services, Govt. of Maharashtra

·           Mr. Manish Joshi (Director & CEO – Narotam Sekhsaria Foundation)

·           Smt. Rajashree Kadam (Vice President – Salaam Mumbai Foundation)

·           Mr. Datta Balsaraf – Manager, Yashwantrao Chavan Pratishthan

·           Ms. Tshering Bhutia – Chief Innovation Officer and Sr. VP – Preventive Health, Salaam Bombay Foundation

·           Mr. Gaurav Arora – Chief Growth Officer and Sr. VP – Skills@School & Sports, Salaam Bombay Foundation

Mumbai, May 13: Apex Group of Hospitals celebrated International Nurses Day with gratitude and pride across all its Mumbai hospitals, recognising the tireless dedication, compassion, and commitment of its nursing staff who continue to play a vital role in patient care and recovery. Celebrations across all Apex hospitals included special appreciation ceremonies, cultural activities, motivational sessions, and awards honouring exceptional nurses for their service and contribution to healthcare excellence.

Speaking on the occasion, the management of Apex Group of Hospitals said, “Nursing is the backbone of every hospital. Nurses are not only caregivers but also emotional support systems for patients and families during their most difficult moments. Their strength, empathy, and commitment form the foundation of quality healthcare.”

The event highlighted the critical role nurses play in ensuring patient safety, comfort, and recovery. From emergency care and operating theatres to intensive care units and general wards, nurses remain at the forefront of healthcare delivery every single day. Doctors, management teams, and hospital staff joined together to express their appreciation for the nursing fraternity. Several nurses who demonstrated outstanding dedication, leadership, and patient care were felicitated during the celebrations. Nurses play a vital role in India’s healthcare system by providing compassionate care, emotional support, and round-the-clock medical attention to patients. They are the backbone of hospitals, ensuring patient safety, recovery, and comfort at every stage of treatment. From emergency care to rural healthcare services, nurses work tirelessly with dedication and humanity. Their contribution strengthens the nation’s healthcare system and improves countless lives every day.

Apex Group of Hospitals consistently focuses on creating a supportive and growth-oriented environment for its nursing professionals through continuous training, skill development programs, and modern healthcare practices. International Nurses Day, celebrated globally on May 12, marks the birth anniversary of Florence Nightingale, the founder of modern nursing. The occasion serves as an opportunity to recognise the invaluable contribution of nurses to society and healthcare systems worldwide. Through this celebration, Apex Group of Hospitals reaffirmed its commitment to supporting and empowering nurses who continue to serve humanity with compassion, courage, and care. 

MINNEAPOLIS—May 12, 2026—Recast, a leader in modern application and endpoint management, today announced that Shanmugam Senthil has joined the company as Senior Director of Engineering and India Site Leader. Based in Bangalore, Senthil will help establish Recast’s India presence and strengthen the company’s engineering organization to support continued growth. His combination of Microsoft platform expertise and technology leadership experience gives Recast added depth as it evolves its capabilities to help customers manage and secure complex IT environments.

A 30-year technology industry veteran, Senthil has built and led engineering teams at Microsoft, Yahoo!, Samsung, and Sun Microsystems. During his decade at Microsoft, he led engineering teams responsible for evolving core endpoint management capabilities within Intune and ConfigMgr. That experience aligns closely with Recast’s mission and product direction as organizations look for more effective ways to manage, secure, and optimize endpoints across hybrid and cloud environments.

In his new role, Senthil will help shape the structure, culture, and daily operations in India. He will also collaborate closely with Recast’s global engineering and product teams to expand the company’s capabilities in support of its long-term product strategy.

“Senthil brings a strong leadership philosophy and tremendous experience with Microsoft Intune and ConfigMgr,” said Will Teevan, CEO, Recast. “This is exactly the kind of expertise Recast needs to accelerate innovation and deliver greater value to our customers.”

“I’m excited to join Recast at such an important stage in the company’s growth,” said Senthil. “Recast has a clear mission, notable product alignment with the needs of modern IT teams, and a meaningful opportunity to expand its engineering presence in India. I look forward to working with teams across the company to help build a solid foundation for growth, execution, and new advances.”

AD Ports Group Signs Strategic Collaboration Agreement with Krivia Holdings Limited and IRH Global Trading Ltd to Enhance Cross-Border Electronics Trade Through Abu Dhabi

 Abu Dhabi, UAE – 12 May 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions, has signed a strategic collaboration agreement with Krivia Holdings Limited (KHL) and IRH Global Trading Ltd (IRHGT) to combine logistics infrastructure, digital trading capabilities, and structured trade payment solutions, accelerating cross-border electronics trade through Abu Dhabi.

The collaboration aims to support the import, export, financing, warehousing, and movement of mobile phones and electronics, while helping position Abu Dhabi as a global hub for the sector through efficiency, transparency, connectivity, and scale.

A key component of the initiative is MobyIX, a digital B2B trading platform, designed to facilitate the buying, selling, and movement of smartphones and electronics across international markets. The collaboration will explore how advanced AI and machine learning can be integrated with AD Ports Group’s logistics, warehousing, and digital trade infrastructure to support sector growth, complemented by IRHGT’s structured trade finance, liquidity solutions, and banking network to help traders scale efficiently across markets. 

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: “This collaboration reflects AD Ports Group’s commitment to enabling smarter, more connected trade by integrating advanced digital capabilities with world-class logistics and industrial infrastructure. By supporting the development of an integrated platform for cross-border electronics, we are strengthening Abu Dhabi’s position as a global hub for trade, innovation, and investment, in line with the vision of our wise leadership in the UAE, while creating new opportunities for growth across our economic cities and wider ecosystem.” 

Rishabh Jain, President, Krivia Holdings Limited, said: “We see strong potential to build a technology-enabled trading ecosystem in Abu Dhabi that addresses key gaps in warehousing, digital infrastructure, and access to working capital. By partnering with AD Ports Group and IRH Global Trading, we aim to create a scalable platform that enhances transparency, efficiency, and global connectivity for mobile and electronics traders via MobylX and TradCred.’ 

Ali Rashed Alrashdi, CEO of IRH, said: “This collaboration reflects IRH’s commitment to enabling trade-led growth through innovative and scalable structured trade solutions. By supporting the development of a digitally enabled platform for cross-border electronics trade, we aim to help address one of the market’s key challenges: access to efficient, short-tenure supplier’s credit. Together with AD Ports Group and Krivia Holdings Limited, we see strong potential to create a more transparent, agile, and commercially attractive ecosystem that supports traders and reinforces Abu Dhabi’s role as a global centre for trade and investment.”

The global mobile and electronics trading sector represents a significant growth opportunity, generating more than USD 36 billion annually. Over a projected three-year period, the initiative could facilitate over USD 12 billion in trade, support the import of approximately 64 million units into Abu Dhabi, and enable the establishment of an estimated 650 new companies within KEZAD.