India – Oct. 28, 2026 – Samsung Electronics today announced that Interbrand, a global brand consultancy, ranked the company No. 5 on its annual “Best Global Brands” list for the seventh consecutive year, with a brand value of USD 105.2 billion. Samsung is the only company based in Asia to remain in the global top five each year since 2020.
Interbrand’s evaluation reflected:

• Record earnings, driven by focused investments in AI semiconductors
• Stronger AI competitiveness in the Device eXperience (DX) Division
• A customer-centric brand strategy under the “One Samsung” approach

The Device Solutions (DS) Division continued to grow by increasing the supply of high-value memory products to meet rising demand for AI. It also maintained its technological leadership with the industry’s first mass production and commercial shipment of HBM4.

The DX Division is bringing greater convenience to people’s daily lives through personalized AI experiences and connectivity across its products, including mobile devices, televisions, and home appliances. This year, Samsung introduced Galaxy Z Fold8, an eighth generation Galaxy foldable, featuring a new form factor and a 4:3 display aspect ratio that redefines the foldable category. The design resonated strongly with younger consumers while broadening the device’s appeal across generations.

As one of the longest-standing brand consultancies, Interbrand evaluates brand value annually through a comprehensive analysis of a company’s financial performance and outlook, the brand’s influence on purchasing decisions, and its competitiveness. The evaluation considers strategy, empathy, differentiation, customer engagement, consistency, and trust.

Link to the Samsung India Newsroom: Samsung Ranks No. 5 in Interbrand’s ‘Best Global Brands 2026’ for Seventh Consecutive Year

Link to the Samsung Newsroom Bharat: सैमसंग लगातार सातवें साल इंटरब्रांड की ‘बेस्ट ग्लोबल ब्रांड्स 2026’ सूची में 5वें स्थान पर है

●        With five new hubs, 91Springboard’s national portfolio scales to ~21 lakh sq. ft. with ~42,000 seats across 49 hubs in nine cities, strengthening its pan-India footprint

Mumbai, 28th October 2026: 91Springboard, one of India’s leading comprehensive workspace solutions providers, has announced the launch of five new premium hubs across Chennai, Mumbai Metropolitan Region and NCR. The flex space operator is adding more than 3.6 lakh sq. ft. of workspace and 8,000+ seats to its national portfolio in a single phase, comprising ready-to-use workspaces and built-to-suit managed office offerings. The expansion marks a significant step in strengthening 91Springboard’s national portfolio network to 49 hubs across nine cities, with a national portfolio of ~21 lakh sq. ft. and ~42,000 seats.

The addition is aligned with the company’s density-led network strategy of building a sustainable and profitable portfolio designed to support businesses across their lifecycle. This ranges from ready-to-use offices for teams that need to move-in today to enterprises that are seeking customised workspaces tailored to their specific requirements, scale and operational needs. This further strengthens our national presence, enabling companies to scale across more cities, micro-markets and price points.

According to a recent industry report, flex accounted for 27% of office leasing across India’s top seven cities in H1 2026, while GCCs accounted for 41.7% of leasing during the same period. As enterprise growth becomes increasingly multi-city, with businesses and GCCs expanding across a wider set of markets, workspace is becoming an important part of the infrastructure that enables this growth, a shift reflected in 91Springboard’s latest additions.

Commenting on the expansion, Anshu Sarin, CEO of 91Springboard, said, “Enterprise growth in India is becoming increasingly multi-city, and that is reshaping the role of workspace. As GCCs and large enterprises expand across markets, workspace is becoming part of the infrastructure that enables that growth. We see an opportunity to build greater depth in the markets driving this growth, with the right mix of locations, formats and workspace solutions to support businesses at different stages of expansion. Our latest additions across Chennai, the Mumbai Metropolitan Region and NCR reflect this approach, strengthening our presence in key business markets and broadening the choice we can offer as businesses scale.”

Chennai accounts for two of the five new hubs, adding significant scale to 91Springboard’s presence in one of its key growth markets in South India. The two new hubs will be launched at Mindspace Commerzone on Radial Road, Pallikaranai and Arihant Vaayu in Perungudi Industrial Estate on OMR, adding ~1.35 lakh sq. ft. to its portfolio in the city. With a mix of ready-to-use and built-to-suit managed office solutions, 91Springboard caters to a broader range of businesses across Chennai, offering greater flexibility to meet diverse workspace needs and business requirements.

In Thane, 91Springboard will launch a ~1.95 lakh sq. ft. premium workspace hub at Centaurus, Hiranandani Avenue. Located within the iconic Hiranandani Estate, the hub offers strong connectivity to Ghodbunder Road, the Eastern Express Highway and Thane Railway Station, providing convenient access to the wider Mumbai Metropolitan Region. The large-format hub strengthens 91Springboard’s presence in an important business market within the Mumbai Metropolitan Region, adding further depth to its premium portfolio.

In North India, 91Springboard will strengthen its presence across New Delhi and Gurugram with new premium hubs at Prius Platinum, Saket and DLF Epitome, Cyber City respectively. The additions expand the company’s premium workspace portfolio across two established commercial markets. The hubs will further strengthen 91Springboard’s ability to cater to enterprises and professional teams seeking flexible, high- quality workspace solutions across the region.

91Springboard provides an end-to-end workspace ecosystem that caters to organisations across different phases of their growth journey. With a portfolio spanning ready-to-use offices, private suites, managed workspaces and enterprise-grade environments, the company offers businesses the flexibility to choose solutions that align with their evolving requirements. Combining ready-to-use and built-to-suit managed office solutions across key markets, 91Springboard enables organisations to scale efficiently within a single ecosystem, backed by operational expertise, flexibility and hospitality-led workplace experiences.

Physical AI platform combines deep industrial expertise and automation to unlock greater plant performance

BENGALURU, India, October 27, 2026 — Honeywell Technologies (NASDAQ: HON) has announced the launch of Forge Plant Cognition, an industrial AI platform built with NVIDIA AI and accelerated computing capabilities, and Dell Technologies’ AI infrastructure. The platform is designed to help refining, petrochemical and Liquefied Natural Gas (LNG) operators generate greater value from their existing assets and transform plant operations.

Launching first at Dangote’s petroleum refinery in Lekki, Nigeria – one of the world’s largest single train refineries – the project is targeting an increase in throughput while strengthening the capabilities of its local engineering and operations teams. Based on preliminary data, Honeywell Technologies estimates that AI-enabled optimization with Forge Plant Cognition could deliver operational benefit[1] of more than 29 cents a barrel at the Lekki Refinery. At full-capacity throughput, this would generate more than $60 million in gross benefit per year for this specific facility.[2]

“Industrial plants are among the most complex operating environments in the world, with enormous potential to realize greater performance and value using digital technologies and connected solutions,” said Rajesh Gattupalli, President, Honeywell Technologies UOP. “By collaborating with Dangote to launch Forge Plant Cognition, we are demonstrating how AI can help transform industrial operations, driving new levels of productivity, reliability and profitability at significant scale.”

Built on Honeywell Technologies’ recently launched Forge Cognition platform, the new solution combines process technology expertise, industrial automation and AI capabilities to help operators identify performance constraints, anticipate problems and translate insights into actions that improve operational outcomes. Unlike conventional AI solutions that primarily analyze data and generate recommendations, Forge Plant Cognition is designed to move beyond simply monitoring and responding by combining real-time operating data, engineering knowledge and Honeywell Technologies UOP’s deep process expertise with trusted calculations and physics-based models.

Forge Plant Cognition is designed to help deliver value across three critical areas:

1. Capture hidden margin: Identify bottlenecks and help optimize throughput, yield and product value across interconnected processes.
2. Protect production: Detect emerging equipment and process issues, recommend corrective actions and help minimize unplanned downtime.
3. Scale industrial expertise: Embed specialized process knowledge into AI-powered workflows, helping operators and engineers make faster, more consistent decisions.

With more than a century of experience designing and operating refineries, Honeywell Technologies UOP has a deep understanding of how even the smallest changes in operating conditions can impact efficiency and throughput. Specialized AI capabilities are designed to use integrated intelligence based on this information to identify operational constraints and recommend actions to improve plant performance.

The platform is powered by Dell AI Factory with NVIDIA and supported by Dell Services. NVIDIA Nemotron open models power agents that understand and interpret operational data, while NVIDIA Omniverse libraries help create a digital twin of the plant and its processes for simulation-based training and planning. Additionally, NVIDIA Cosmos open models with the NVIDIA Metropolis VSS Blueprint enable vision AI agents for real-time alerts and detection of anomalies. NVIDIA PhysicsNemo framework is used for building, training, and fine-tuning efficient and performant physics AI models at scale to realize innovative digital twin integrated agile plant optimization workflows.

Driving Expanded Value with Dangote

Dangote Petroleum Refinery in Lekki, Nigeria, one of the world’s largest single-train refineries, will integrate its operating data with Honeywell Technologies’ process expertise and AI-powered optimization capabilities to help identify operational constraints, accelerate troubleshooting and enable more informed decisions.

“We chose Honeywell Technologies’ Forge Plant Cognition because the platform can deliver unrivaled industrial expertise combined with differentiated AI capabilities to help us optimize performance, unlock greater value from our operations and evolve how we operate our assets,” said David Bird, CEO and Managing Director, Dangote Petroleum Refinery and Petrochemicals FZE. “This investment reinforces our commitment to operational excellence, advancing technology and developing Nigerian talent to operate at world-class standards.”

Beyond operational performance, Forge Plant Cognition will support Dangote’s commitment to developing a highly skilled local workforce. By embedding specialized process knowledge into AI powered tools, the platform will help engineers and operators access expert guidance, accelerate problem-solving and build technical capabilities. As Dangote expands its workforce, these capabilities will support its goal of developing a workforce that is 70% Nigerian, reducing reliance on external expertise over time.

Building on nearly a decade of collaboration, the two companies recently announced that Honeywell Technologies is helping the refinery increase its capacity from 650,000 to 1.4 million barrels per day within three years, by optimizing existing assets and speeding up market delivery.

International Parcel Connect offers businesses an alternative between premium-priced express services and lower-cost postal options. Powered by DHL eCommerce, it combines Blue Dart’s capabilities and customer support in India with an established international parcel network, offering Standard and Expedited delivery options and shipment visibility.

Commenting on the launch, Balfour Manuel, Managing Director, Blue Dart, said, “For years, our customers have asked us to extend Blue Dart’s trusted service to their international shipping needs. International Parcel Connect answers that call with a world-class solution, combining our operational strengths in India with the reach of our international network. As Indian enterprises pursue opportunities beyond domestic markets, we are committed to providing the dependable logistics connections that turn their global aspirations into growth.”

Dipanjan Banerjee, Chief Commercial Officer, Blue Dart, said, “India’s B2C e-commerce exports are currently estimated at around US$2 billion, reflecting the opportunity for Indian businesses to reach overseas customers. For many sellers, the choice has been between premium-priced express delivery and lower-cost postal shipping. International Parcel Connect bridges this gap, allowing customers to choose between two delivery speeds to suit their needs. Shipment visibility and Blue Dart customer support in India provide greater control and a local point of contact, making cross-border shipping more accessible and easier to manage.”

The service supports eligible B2C parcels weighing 50 g to 11 kg, across categories including apparel and fashion products, automobile spare parts, books, handicrafts, imitation jewellery and rugs, alongside other eligible marketplace and e-commerce products. Shipments are subject to applicable customs, regulatory, commodity, weight and dimensional requirements.

Beginning with the United States, Blue Dart plans to progressively extend International Parcel Connect to other relevant markets, including the United Kingdom, countries in the European Union, Canada and Australia, to support Indian businesses’ global e-commerce aspirations.

Link to the media assets for your perusal – https://drive.google.com/drive/folders/138_j_hQPy6VlHsmQmYbaX_HjKyFX3hJY

Bengaluru, 27th October 2026: Maasi, a Bengaluru-based childcare company, has raised ₹6 crore in a pre-seed round led by Better Capital alongside Antler India, one of the largest pre-seed rounds in India’s childcare category. Angel investors in the round include veteran founders like Rishikesh SR (Rapido), Vaibhav Khandelwal (Shadowfax), Sumit Khandelwal (Xoxoday), Siddhant Goyal (Crane VC) and Sanjay Ramakrishnan (Multiply Ventures).

“Finding reliable childcare is still a gamble for millions of Indian parents. We’re excited to back Aashu, Gargi and Reshov as they bring trust and accountability to it and build a new standard for childcare in India,” said Vaibhav Domkundwar, founder of Better Capital, India’s largest inception-stage venture capital fund.

The round follows a strong start. Maasi’s public launch on 20 October drew a waitlist of more than 4,000 parents within five days. The company has served more than 1,200 parents with over 500 caregivers and is growing 20% week on week.

Half of India’s working women leave their jobs to care for their children. * For families who keep working, the answer is usually a nanny found through a neighbour or a WhatsApp forward, with no training, no accountability and no backup when she leaves. Maasi wants to make that experience predictable.

Maasi currently offers on-demand nannies starting at ₹199 an hour and monthly subscriptions starting at ₹5,999. Every caregiver is verified and trained before she meets a family in a free programme led by preschool directors, nurses and former airline cabin crew trainers.

Its newest category, the Maasi Governess, has drawn particular attention from parents: an English-speaking nanny trained in screen-free engagement and care.

Maasi grew out of Urban Parents Club, a community of more than 8,000 Bengaluru parents where one question came up more than any other: where do I find a nanny I can trust? The founders, all of whom come from families that run schools, decided to answer it after a close friend quit her job because she could not find reliable childcare. ‘Maasi’ is the Hindi word for a mother’s sister: the one person a mother would hand her child to without a second thought.

“This is a tier-A team solving the hardest problem in childcare. Maasi is exclusive by design, with every caregiver held to an exceptionally high bar, and that’s exactly why we backed them,” said Rajiv Srivatsa, Partner at Antler India.

Maasi will use the funds to scale caregiver recruitment and training, build its technology platform and grow its team in Bengaluru.

Nagesh brings more than 14 years of experience in enterprise sales, business development and technology-led growth, with expertise across cloud, SaaS, AI/GenAI and digital transformation. His experience spans enterprise account management, strategic sales, partner-led go-to-market programmes and CXO-level engagements across manufacturing, automotive, BFSI, healthcare, retail, logistics and IT/ITES.

Commenting on the appointment, Chanakya Bellam Radha Krishna, Whole-Time Director, AION-Tech Solutions Limited, said, “Nagesh joins AION-Tech at an important stage in our growth journey, as enterprises increasingly look for technology partners that can connect data, AI and digital transformation with measurable business outcomes. His experience in enterprise technology sales, strategic accounts, cloud transformation and partner ecosystems will strengthen our ability to engage with customers at the CXO level and develop long-term business opportunities. We look forward to his contribution as we expand our enterprise presence and deepen our capabilities across markets.”

Prior to joining AION-Tech, Nagesh served as Head of Cloud Engagement, India, at Ankercloud Technologies, where he led a professional services portfolio and was responsible for enterprise sales, strategic account growth, cloud transformation and partner-led go-to-market initiatives. During his tenure, he built a $50 million qualified pipeline, delivered $6 million in AWS consumption and exceeded annual business targets by 127%. He also led CXO engagements around AI/GenAI, cloud modernisation and marketplace go-to-market strategies.

Speaking on his appointment, Nagesh Madastu, Chief Growth Officer, AION-Tech Solutions Limited, said, “I am excited to join AION-Tech at a time when the enterprise technology landscape is undergoing a significant shift. Organisations are increasingly looking beyond technology implementation towards measurable outcomes, scalability and sustained business value. AION-Tech’s capabilities across data, analytics and AI provide a strong foundation to address these evolving requirements. I look forward to working closely with the leadership team, customers and partners to expand our market presence, strengthen strategic relationships and create new avenues for sustainable growth.”

Nagesh holds a B.E. (Hons.) in Computer Science from BITS Pilani and has completed certifications including AWS Certified Cloud Practitioner, AWS Certified Solutions Architect – Associate and Claude Certified Associate – Foundations. His professional recognitions include the Top Gun Award for three consecutive years for business performance and growth, as well as a Strategic Sales Leader Award for services sales performance and Marketplace GTM.

The appointment reflects AION-Tech’s focus on strengthening its enterprise leadership as organisations navigate increasingly complex data and digital transformation priorities.

~Three-day gathering at Bharat Mandapam brings together spiritual wisdom, cultural performances and immersive experiences to celebrate the legacy of Swami Chinmayananda~

New Delhi, October 24, 2026: Chinmaya Mission today commenced the Chinmaya Amrit Mahotsav Global Sammelan at Bharat Mandapam, New Delhi, bringing together devotees from India and overseas to celebrate 75 years of the Chinmaya Movement. Inspired by the vision of its founder, Pujya Gurudev Swami Chinmayananda, the three-day gathering from October 23 to 25 combines spiritual discourses, collective reflection and cultural offerings, carrying forward the Mission’s work of bringing Vedantic wisdom into everyday life. The Sammelan is bringing together over 9,000 participants.

The Sammelan was inaugurated by Prime Minister Shri Narendra Modi in the presence of Pujya Swami Swaroopananda, Global Head of Chinmaya Mission, and Pujya Swami Tejomayananda, Former Global Head of Chinmaya Mission. The three-day Sammelan will also be graced by External Affairs Minister Dr S. Jaishankar and Stefan Priesner, United Nations Resident Coordinator in India, on October 25.

The Sammelan also marked the culmination of the Chinmaya Amrit Yatra, a 300-day journey that covered nearly 40,000 kilometres across India, Nepal and Sri Lanka. Launched from Chinmaya Vibhooti in Pune on December 31, 2025, the Yatra carried Swami Chinmayananda’s teachings, sacred belongings and archival material to communities along its route, bringing people together through prayer, learning and service.

Inaugurating the Chinmaya Amrit Mahotsav and 75th anniversary of Chinmaya Mission, Hon’ble Prime Minister Shri Narendra Modi said, “It is a privilege and a blessing to be part of this historic occasion marking 75 years of Chinmaya Mission. Chinmaya Mission is not just a sanstha; it is a vichaar – an idea and a way of life that continues to inspire generations. I had the good fortune of meeting Pujya Gurudev Swami Chinmayananda in 1993 and receiving his blessings. Being here today brought back those memories. When the Holobot was presented to me, it was a special experience, making me feel as though I was once again in Gurudev’s sakshat sannidhya, with an opportunity to engage with his wisdom anew. It is heartening to see how technology can help carry his timeless message forward, connecting the teachings of our spiritual heritage with the possibilities of the present.

“Gurudev’s vision was centred on the nirmaan of yuva shakti – nurturing the power of young people and channelling their potential towards nation-building. I particularly commend Chinmaya Mission’s Amrit Yatra, an initiative that has taken Gurudev’s message across the country and brought the Mission closer to the youth. I am delighted to see the younger generation taking responsibility for carrying forward the Mission’s legacy. Chinmaya Mission’s work with the youth and for the youth, imparting knowledge and values while embracing new forms of education, Indian languages and technology, reflects the continuing relevance of Gurudev’s vision. As the Mission moves into its next chapter, the commitment of its young people will be vital in taking this message to more people and contributing to the making of a developed Bharat.”

Reflecting on the occasion, Pujya Swami Swaroopananda, Global Head of Chinmaya Mission, said “It is a matter of great honour and joy for the entire Chinmaya family to welcome Hon’ble Prime Minister Shri Narendra Modi to the 75th Amrit Mahotsav of the Chinmaya Movement. His presence makes this milestone even more special as we celebrate Gurudev’s enduring legacy and the Mission’s journey over the past 75 years. Pujya Gurudev Swami Chinmayananda gave people a way to understand the wisdom of our scriptures and live it with clarity and purpose. This Sammelanbrings together generations who have been inspired by that vision. As we mark 75 years, we renew our responsibility to take these teachings to more people, especially the young, and to express what we learn through service, compassion and the choices we make every day.”

Across the three days, the programme includes “Nitya Nutan Bhagavad Gita” discourses by Swami Tejomayananda, a “Sanatana Upanishad” discourse and guided meditation led by Swami Swaroopananda, along with conversations, devotional gatherings and Bhajan Jamming. Parallel Shishu Vihar and Bala Vihar sessions will engage with children, reflecting the Mission’s emphasis on connecting younger generations with India’s spiritual heritage.

This emphasis on connecting generations with spiritual heritage also shapes the Chinmaya Amrit Ganga exhibition. Designed by scenographer and artist Sumant Jayakrishnan, it traces the Mission’s journey and the life and vision of Swami Chinmayananda. Alongside the exhibition, the Pujya Gurudev HoloBot offers participants a technology-enabled way to engage with his teachings, while immersive virtual reality experiences showcase the Mission’s flagship initiatives. Bhairav Shankar, CEO of Avantari, is the HoloBot and AI architect behind the experience.

Music, dance and storytelling further bring this legacy to life through the Sammelan’s cultural programme. Highlights include a concert by Grammy Award winner Ricky Kej on October 23 and “The Chinmaya Musical” on October 24. Directed by filmmaker Mani Shankar, with Parshwanath Upadhye as lead dancer and choreographer, the musical presents Swami Chinmayananda’s life and vision through an artistic interpretation of his journey. The Sammelan will conclude on October 25 with a valedictory session and Bhakti Sandhya with Swami Tejomayananda.

The Global Sammelan forms part of Chinmaya Amrit Mahotsav, a year-long commemoration that has brought together the Mission’s worldwide community through initiatives including Samashti Gita Chanting, the Samashti Shri Hanuman Chalisa Havan and the Chinmaya Amrit Yatra. Together, these gatherings reflect the continuing relevance of spiritual learning, collective practice and selfless service across generations.

The Summit was graced by Hon’ble Union Minister of State for Youth Affairs and Sports, Smt. Raksha Nikhil Khadse, who underscored the transformative role of sports in youth empowerment, lifestyle improvement and nation-building. Emphasising that sports must extend beyond medals and employment opportunities, she highlighted its potential to instil discipline, resilience, time management and teamwork among young people, while fostering a healthier and more inclusive society. She called upon corporates to make sports an integral part of their CSR strategies, with focused investments in grassroots talent identification, athlete development, sports infrastructure, coaching and wider access to sporting opportunities across schools and communities. The Minister encouraged companies to adopt specific sporting disciplines and support their development through sustained interventions, including athlete sponsorship, infrastructure development, competitions and access to professional coaching. Stressing that building a sporting nation requires collective commitment from the Central and State Governments, industry, sports federations and parents, she highlighted the importance of nurturing talent from an early age and creating sustainable career pathways for athletes beyond their competitive years.

She also emphasised the critical role of sports science, athlete nutrition, specialised training and sports goods manufacturing in strengthening India’s sporting capabilities and improving performance at international competitions. Calling for a more structured and collaborative approach to sports development, the Minister urged industry stakeholders to align their CSR investments with the needs of the sporting ecosystem, reiterating that greater corporate participation can help unlock grassroots potential, expand opportunities for young talent and advance India’s ambition of becoming a leading sporting nation and hosting the 2036 Olympic Games.

Mr. Arvind Balan, Chair, Youth Affairs & Sports Committee, PHDCCI, expressed his appreciation for sharing the Government’s vision for advancing sports in India. He highlighted the need to recognise sports as a catalyst for youth development, healthier lifestyles and nation-building, rather than viewing it solely through the lens of medals and employment. Reaffirming PHDCCI’s commitment to this vision, Mr. Balan stated that the Chamber would work towards strengthening industry participation and fostering meaningful partnerships to support sports development. He emphasised that aligning corporate efforts with the Government’s priorities could help strengthen the sporting ecosystem and create greater opportunities for young people to realise their potential.

Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI, highlighted the Chamber’s 121-year legacy, established in 1905, and its commitment to India’s economic and social development. He noted that the Government’s growing focus on sports and its recognition as an eligible area for CSR funding provide an opportunity for industry to contribute meaningfully to sports development. He urged PHDCCI members to support budding athletes and strengthen sports infrastructure, highlighting the role of the PHD Rural Development Foundation and PHD Family Welfare Foundation in CSR initiatives. Emphasising that corporate support must extend beyond cricket to other sporting disciplines, he reaffirmed PHDCCI’s commitment, through its Youth Affairs & Sports Committee, to working with the Ministry of Youth Affairs and Sports and industry stakeholders to advance sports development and create greater opportunities for young athletes.

The Summit also featured Padma Shri Yogeshwar Dutt, celebrated Indian wrestler, and Ms. Sharmila Dhankar, Indian para-athlete, as Guests of Honour. Their participation brought valuable perspectives on sporting excellence, perseverance and the challenges athletes face in pursuing competitive careers.

Distinguished speakers included Dr. Nidhi Pundhir, Senior Vice President, Global CSR, HCLFoundation; Dr. Piyush Jain, National Secretary, Physical Education Foundation of India (PEFI); Ms. Alaknanda Ashok, Joint Secretary, Indian Olympic Association; Dr. Subhomoy Bhaduri, Director, Capacity Building and Collaborations, Magic Bus Foundation; Mr. Ritesh Sain, Programme Head (Environment & Sports), SBI Foundation; Col. Rakesh Yadav, Director Sports, Vedanta Group; and Mr. Bibhuti Ranjan Pradhan, Executive Director (Coordination & CSR), Indian Oil. Representatives from NTPC, BPCL, J.K. Tyre & Industries, JSW Sports and leading educational institutions also participated.

The deliberations included three panel discussions: “Women in Sports: Participation, Leadership & Inclusion,” “Corporate Leadership in Sports CSR: Strategy, Scale & Sustainability,” and “Youth Empowerment & Social Impact.” The sessions examined ways to strengthen women’s participation and leadership in sports, encourage sustained corporate investment and expand access to sporting opportunities for young people and underserved communities.

The discussions reinforced the importance of moving beyond isolated CSR interventions towards sustained partnerships that connect corporate resources with grassroots needs. Strategic investments in sports can help nurture emerging talent, improve access to infrastructure and coaching, and create more inclusive opportunities for youth, women and communities across India. These efforts can contribute to the vision of Viksit Bharat, with sports playing an important role in youth empowerment, social inclusion and national development. PHDCCI reaffirmed its commitment to working with the Government, industry and other stakeholders to advance sports development and encourage greater corporate participation in building an inclusive and sustainable sporting ecosystem.

The Summit was organised with HCLFoundation as the Presenting Partner and the Physical Education Foundation of India (PEFI) as the Knowledge Partner, bringing together corporate and sports-sector expertise to advance dialogue on the role of CSR in sports development.

Mumbai, 22 October 2026: FinX, an education and employment platform focused on building career-ready talent for the financial services ecosystem and a promoter body of the BFSI Sector Skill Council, has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Banking & Finance (IIBF) to strengthen employment opportunities for students completing Diploma in Banking & Finance and other certification courses.

Novamax Technologies was founded in 2018 and has made its mark in the home appliance category due to its commitment to in-house manufacturing and distribution. The company has steadily expanded its operations to cater to the growing demand for cooling solutions across Indian markets.

As part of its growth strategy, Novamax is looking to diversify its product portfolio and strengthen its presence in the wider consumer durables market. This move into categories like air conditioners and washing machines will be a way to help the company reach out to new customers and satisfy their needs in relation to household requirements.

Novamax’s growth strategy is based on product innovation, production facilities and market expansion. Given the changing demands for home appliances, Novamax seeks to make use of its strong position in air coolers and explore other categories.

Commenting on the company’s growth plans, Harshit Aggarwal, Founder and CEO of Novamax Technologies, said, “Our focus is on building Novamax into a broader home appliances brand while strengthening the capabilities that have supported our growth so far. The ₹350 crore revenue target for FY 2026–27 reflects our ambition to scale the business, explore new product categories and reach more consumers. We believe that a strong focus on product development, operational efficiency and market expansion will be important as we enter the next phase of our journey.”

Novamax Technologies plans to continue building on its existing strengths while exploring opportunities across the home appliances market. Its focus on portfolio diversification and expanding its consumer reach is expected to play an important role in supporting its business ambitions in the coming years.