Archive: May 30, 2026

Scale, Cash Flow and Capacity Drive NMDC to Record FY26 Performance

Hyderabad, 29 May 2026: State-owned iron ore major NMDC capped FY26 with its strongest operational and financial performance to date, as robust production growth and disciplined execution helped the company scale new highs across key performance indicators.

With iron ore production climbing 21% to a record 53.16 million tonnes and sales rising 13% to 50.24 million tonnes in FY26, NMDC delivered the highest-ever annual volumes in its history. The twin milestones signal both resilient domestic steel demand and the expanding capabilities of India’s largest iron ore producer.

The surge in production and dispatches fed directly into NMDC’s financial performance, with turnover growing by 33% to an all-time high of Rs. 31,554 crore for FY26. EBITDA rose 9% to Rs. 10,737 crore, while profit before tax rose 9% to Rs. 10,155 crore and net profit increased 11% to Rs. 7,421 crore. 

NMDC reported capital expenditure of ₹3,690 crore for FY26, while continuing to deliver healthy shareholder returns. The Board recommended a final dividend of Re 1 per share, subject to shareholder approval. Together with the interim dividend of Rs. 2.5 per equity share declared for FY26, the total dividend for the year amounts to Rs. 3,077 crore.

NMDC delivered a strong finish to FY26 with a standout Q4 performance, marked by broad-based growth across production, sales and financial metrics. Iron ore production rose 22% year-on-year to 16.27 million tonnes, while sales increased 21% to 15.30 million tonnes.

The robust volume growth translated into a sharp expansion in financial performance, with turnover surging 61% to Rs. 11,173 crore. Profit before tax rose 22% to Rs. 2,875 crore, while profit after tax increased 35% to Rs. 2,020 crore, supported by improved realisations and steady operational efficiency. EBITDA grew 21% to Rs. 3,072 crore, rounding off a quarter that reinforced NMDC’s dominance in the sector.

 “With record production, topline growth, strategic capital deployment and stronger financial metrics across the board, NMDC closed FY26 with a momentum that places us in a distinctly higher league among India’s large public sector enterprises. We are determined to sustain this volume growth, enhance asset productivity and build future-ready mining capacity” said Shri Amitava Mukherjee, CMD, NMDC. 

This performance reflects a transition underway within the company, from being primarily a high-cash-flow mining PSU to emerging as a larger-scale, capital-intensive resource enterprise with expanding operational and financial heft.

Humanscale to Explore “Body. Planet. Materials.” at Fulton Market Design Days 2026 Featuring Diffrient Lounge, eFloat Quattro Studio, and M/Charge

(Chicago, Illinois – May 2026) – Humanscale, the leader in high-performance ergonomic design, will return to Fulton Market Design Days 2026 with a showcase centered on the
future of adaptable, human-centered environments. Presented during the industry’s leading commercial interiors event, Humanscale’s exhibition will highlight solutions designed to support flexibility, wellness, and productivity across today’s evolving workplaces as well as hospitality and residential environments. Guided by the theme “Body. Planet. Materials.,” the presentation will explore the interconnected relationship between human wellbeing,  sustainable innovation, and the future of materiality in design.

A major component of the presentation will be a museum-style exhibition exploring Next Generation Materials and the future of sustainable manufacturing. Centered on the belief that the future of design depends on materials that support both human wellbeing and planetary health, the installation will showcase emerging innovations that transform waste into resources and biology into manufacturing. The exhibit will examine how these advanced materials can reduce reliance on virgin extraction while opening new possibilities for high-performance, environmentally responsible design.

Expanding on the “Body. Planet. Materials.” concept, the exhibition will also feature conversations and activations developed in collaboration with leading sustainability organizations including the International Living Future Institute (ILFI), Design for Freedom, and mindful MATERIALS, further reinforcing Humanscale’s commitment to transparency, material health, and ethical manufacturing practices across the built environment.

Among the featured products will be Diffrient Lounge, one of the final concepts envisioned by legendary designer Niels Diffrient and recently honored with a Red Dot Design Award in Product Design. Blending residential comfort with advanced ergonomic engineering, the lounge chair reimagines how people work, relax, and connect within hybrid environments.

Motorized adjustments, integrated power, and an adaptable worksurface create a seamless experience that responds intuitively to the body while maintaining a refined, minimalist
aesthetic while enabling smooth transitions between seated work, rest, and informal collaboration.

Building on this platform, Humanscale will debut eFloat Quattro Studio, a purpose-built meeting table designed specifically for today’s hybrid collaboration environments. Optimized for small-group meetings of two to seven people, eFloat Quattro Studio integrates connectivity, power, and display support directly into the table itself, simplifying meeting environments while enabling organizations to deploy collaborative spaces quickly and efficiently without complex AV infrastructure, permanent room builds, or extensive installation requirements.

Designed to support both seated and standing collaboration, the solution creates flexible meeting environments that adapt seamlessly across open-office huddle spaces, executive offices, project review areas, and hybrid meeting rooms.

The presentation will also feature M/Charge, Humanscale’s new modular 2-in-1 magnetic wireless charging solution designed to integrate with the M/Connect 3 ecosystem while also functioning as a standalone charging dock. Supporting simultaneous dual-device charging through Qi2 and MagSafe-compatible technology, M/Charge delivers fast, efficient charging with magnetic alignment, flexible viewing angles, and a weighted metal base engineered for stability and effortless one-handed use. Designed for modern workspaces, hospitality settings, and residential environments alike, the solution reflects Humanscale’s continued focus on intuitive functionality, seamless integration, and reduced desktop complexity.

Humanscale’s presence at Fulton Market Design Days will further underscore its broader commitment to sustainability and purposeful innovation. As the only major commercial
furniture manufacturer in the United States certified as a B Corp, Humanscale will continue to develop products and processes that prioritize both human health and environmental responsibility through a net positive design approach that integrates material transparency, reduced environmental impact, and long-term product longevity.

In addition to the showroom presentation, Humanscale will host a series of Fulton Market Design Days events and activations throughout the week designed to foster conversation around design, sustainability, and the future of work. Programming will include a Morning Walk/Jog Meet-Up on Monday, June 8 from 7:00–7:45 AM, followed by a Happy Hour with mindful MATERIALS from 5:00–6:00 PM and a Party at Federales from 6:00–9:00 PM.

On Tuesday, June 9, Humanscale will host a Happy Hour with Living Future and Design for Freedom from 5:00–6:00 PM. The showroom, located at 345 N Morgan St., Suite 150 in Chicago, will remain open daily from 9:00 AM–6:00 PM throughout Fulton Market Design Days from June 8-10, 2026, with coffee and light fare available at The Emily Hotel café adjacent to the showroom.

These events and activations will bring together designers, architects, sustainability leaders, brand partners, and members of the broader creative community for networking opportunities and discussions centered on innovation, wellbeing, and material transparency.

IndiGo Q4 FY26: Earnings reverse sharply despite stable revenue base

Large Format Marble: Why Bigger Blocks Are Changing the Way We Design Spaces

Kishangarh :In contemporary architecture and interior design, scale is no longer defined only by square footage. It is shaped by how uninterrupted a space feels. Clean sightlines, continuous surfaces, and material consistency are becoming central to how luxury is expressed today. Within this shift, large format marble has emerged as a defining element.

What begins at the quarry, with the selection of larger marble blocks, directly influences how a space is ultimately experienced. Bigger blocks allow for larger cuts, fewer joints, and a level of visual continuity that smaller formats struggle to achieve.

From Block to Scale

The journey of large format marble starts long before installation. It begins with sourcing blocks that are not only sizable but also structurally consistent.

Larger blocks provide the opportunity to extract bigger pieces with minimal variation. This becomes critical when designing expansive floors or full-height wall cladding where continuity is essential.

For architects, the ability to work from a single block or a set of closely matched blocks allows for greater control over the final outcome. It reduces unpredictability and ensures that the material reads as one cohesive surface rather than a collection of parts.

Fewer Joints, Greater Continuity

One of the most immediate advantages of large format marble is the reduction of joints.

In traditional applications, smaller pieces create visible interruptions across a surface. While these can be managed through careful layout, they still segment the space visually.

Large format applications minimize these interruptions. Floors appear more expansive. Walls feel uninterrupted. The eye moves seamlessly across the surface without distraction.

This continuity has a direct impact on how space is perceived. Even compact areas can feel larger when visual breaks are reduced.

Designing for Modern Lifestyles

As living spaces evolve, there is a growing preference for open plans and fluid transitions between areas. Materials are expected to support this flow rather than interrupt it.

Large format marble aligns naturally with this approach. It allows designers to extend the same material across multiple zones, creating a sense of cohesion throughout the home.

Whether it is a living area that flows into a dining space, or a bedroom that extends into a walk-in area, the use of larger pieces helps maintain visual harmony.

Precision at the Planning Stage

Working with large format marble requires a higher degree of planning. Every cut, every placement, and every joint must be considered in advance.

This level of precision begins at the block selection stage. Understanding how the marble will open up, how the veining will align, and how different pieces will come together is essential.

It is a process that combines technical knowledge with design intent. When executed well, the result is a space where the material feels intentional rather than applied.

Elevating Material Presence

Larger surfaces allow the natural character of marble to be appreciated more fully.

Veining becomes more legible. Patterns can flow uninterrupted. The material is experienced in its entirety rather than in fragments.

This elevates marble from being a surface finish to becoming an integral part of the architectural language. It defines the space rather than simply covering it.

A Shift Towards Material Clarity

There is a noticeable movement in design towards clarity and restraint. Materials are being chosen not for how much they can show, but for how well they can support a space over time.

Large format marble fits within this shift. Its strength lies in its ability to simplify. To reduce visual noise. To create environments that feel calm and resolved.

Mr. Praveen Gangwal, founder of Tilak Marbles, notes, “When you work with larger blocks, you are not just increasing size, you are increasing possibility. The continuity you achieve in the final space depends entirely on what you begin with. Large format marble allows architects to think beyond pieces and start designing in surfaces.”

Looking Ahead

As expectations around design continue to evolve, the demand for materials that offer both scale and consistency will only grow.

Large format marble represents more than a technical advancement. It reflects a broader shift in how spaces are conceived. From segmented layouts to seamless environments. From decorative surfaces to material-led design.

What begins as a larger block at the source ultimately transforms into a more expansive experience within the space.

And in that transition lies the future of how marble will be used, not in parts, but as a continuous expression of design.

Fintech Week London returns with new city-wide festival to match the capital’s global fintech status

Fintech Fringe is behind the bigger, bolder format with the backing of the Department for Business and Trade and London & Partners

London, 29 May 2026: London has long earned its place as one of the world’s defining fintech centres. Dealroom’s latest report just confirmed London as the world’s number one fintech ecosystem – home to 137 unicorns and a combined enterprise value of $714 billion. 

New York has a fintech week. Singapore has one too. It is time London stepped up a gear with its own fintech week to reinforce why London is the world’s best city to scale a fintech business.

Fintech Week London returns from 7 to 11 September 2026 under new leadership, backed by Fintech Fringe founder Calypso Harland and the UK’s fast-growing fintech community. 

Anchored by the Scale & Grow Summit on 9 and 10 September in central London, the event is expected to attract more than 1,500 founders, investors, financial institutions, policymakers, regulators and international fintech leaders to the capital.

This year’s theme is Growth with Agency, and focuses on the practical questions now shaping fintech growth. Sessions will examine how AI is changing competitive advantage, how regulation is affecting growth strategies, how fintechs can access capital, and how the long-anticipated convergence of fintech, crypto and payments is beginning to reshape the market.

Fintech Fringe is opening the week to companies, associations, communities and event organisers across London, inviting them to host their own events as part of a shared city-wide fintech moment. The model gives the wider ecosystem, including smaller companies and emerging communities, a way to access a larger audience and contribute to the global fintech conversation.

Calypso Harland, Founder of Fintech Fringe, said:

“London needs a fintech week that reflects the ecosystem itself: ambitious, practical, international and open to the people building what comes next. Fintech Week London is a platform for the whole city – from founders and investors to banks, regulators, associations and emerging communities. We’re here to rally everyone together and show the world why London is built to create champions.”

Emma Banymandhub, CEO of The Payments Association, said:

“Calypso is a natural collaborator and the perfect person to bring the ecosystem together to bridge the divide between fintech, crypto and payments. These communities often live in parallel universes, and bringing them together can only mean better things for the industry as a whole. The Payments Association is delighted to support.”

The relaunch follows Fintech Fringe’s merger with Fintech Week London last year. Since launching in 2023, Fintech Fringe has grown rapidly, with its own festival tripling in size over three years. 

Fintech Week London 2026 will run from 7 to 11 September, with the Scale & Grow Summit taking place from 9 to 10 September.

For hosting, speaking and partnership opportunities, visit www.fintechweek.london.

Panasonic showcases integrated display and communication technologies for a connected India

New Delhi, May 29: Panasonic Life Solutions India, through its System Solutions Division (SSD), hosted the Panasonic Tech Summit 2026 in New Delhi on May 19 and 20, introducing new experiential zones for Education, Golf Simulation, and Healthcare as part of its expanding connected technology ecosystem. The two-day summit brought together industry experts, enterprise leaders, and business decision-makers to experience Panasonic’s integrated ecosystem of display, projection, broadcast, and connected visual communication solutions across diverse industry environments.

The summit, themed “Turning Technology into Value,” featured multiple experience-led zones including Retail, Transportation, Corporate Offices, QSR, Home Theatre, Fine Pitch Active LED Comparison, Education Zone, Security Solutions, Projection Simulation zone and Panasonic’s comprehensive Professional Display lineup. The showcase featured a wide range of technologies including Active LED Videowalls, HD PTZ cameras, 4K camcorders, SIP Video Door Phones, integrated CCTV systems, Intelligent and Interactive digital signage solutions, and immersive projection technologies powered by the Panasonic projectors, highlighting Panasonic’s focus on enabling connected, intelligent, and immersive experiences across industries.

Speaking on the occasion, Bhavya Jain, Business Chief-India & SAARC, Professional Displays, Projectors & Broadcast Solutions, Panasonic Life Solutions India Pvt. Ltd., said, “Today, businesses are looking beyond standalone products and focusing on connected technology ecosystems that can simplify operations, enhance engagement, and create more meaningful experiences. Through Panasonic Tech Summit 2026, we are demonstrating how integrated display, projection, broadcast, and communication solutions can help businesses operate more efficiently while also delivering seamless and immersive experiences for consumers across sectors such as education, healthcare, retail, transportation, Education and corporate environments. Our focus remains on building intelligent, scalable, and future-ready solutions that can support the evolving needs of both businesses and customers in an increasingly connected world.” 

Experiential Zones Demonstrating Integrated Technology Ecosystems

Key showcase areas included:

• QSR Hub: Showcased professional digital menu boards, high-brightness storefront displays, stretch displays, eSignCards, and Panasonic’s India-developed Digital Signage platform enabling centralized menu, pricing, and promotional management across restaurant environments.
• Education Zone: Showcased Panasonic’s Smart Classroom ecosystem featuring large Active LED displays, PTZ cameras, 4K camcorders, centralized control systems, and Interactive Flat Panel display designed to enable interactive, hybrid, and connected learning experiences.
• Retail Hub: Demonstrated dynamic retail communication solutions including display standees, Electronic Smart Shelf Labels, latest Lift-and-Learn technology (Intellosign), dual-side professional displays, eSignCards, and Panasonic Digital Sign Edge for centrally managed and real-time in-store communication.
• Transit Hub: Simulated airport and metro environments featuring passenger information displays, dual-side displays, Active LED screens, stretch displays, e-ink wayfinding totems, Tensor Poles, and Electronic Smart Labels designed to enable seamless communication and navigation across high-movement spaces with a moto to move seamlessly with Information at hand.
• Corporate Office Hub: Featured connected workplace collaboration solutions including ultra-wide displays suitable for enterprise class Video conferencing, interactive Flat panels, RoomBook, Solutions (Meeting Schedulars), broadcast cameras, eSignCards, and hybrid meeting room solutions designed to enhance communication and workplace collaboration.
• Healthcare Zone: Demonstrated Panasonic’s connected healthcare ecosystem featuring ePaper displays for OPD and patient communication, bedside information cards, pharmacy shelf labels, and professional displays designed to simplify hospital operations and enhance patient experiences through centralized information management system SignEdge.
• Golf Simulation Zone: Featured immersive golf simulation powered by Panasonic’s projectors, delivering realistic gameplay and training experiences with enhanced green visibility, responsive visuals, and seamless simulation software integration
• Projector & Home Theatre Zone: Demonstrated Panasonic’s high-brightness projection solutions for large venues and immersive home theatre experiences, showcasing cinema-quality visuals, consistent brightness, rich contrast, and projection mapping capabilities across varied environments.
• Fine Pitch Active LED Comparison Zone: Demonstrated Panasonic’s Fine Pitch Active LED portfolio across multiple pixel pitches including COB and SMD panels, enabling visitors to experience differences in clarity, detail, and viewing impact across applications and viewing distances.
• Comprehensive Professional Display Lineup: Showcased Panasonic’s professional display portfolio ranging from compact to ultra-large screens, highlighting how different display formats and scales support communication across meeting rooms, retail spaces, hospitality environments, QSRS,  control rooms and many more applications.
• Security Solutions Zone: Featured Panasonic’s integrated security ecosystem including SIP Video Door Phones, IP, Analog and Hybrid Video Door Phone systems, along with Bullet, Dome, and PTZ CCTV cameras designed for connected and reliable monitoring across residential and commercial environments.