All posts by Sai Krishna

Bybit’s USD1 Hold & Earn Closes Out with a Final Shot at 35 Million WLFI

DUBAI, UAE, Sept. 18, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced another month of rewards in its USD1 Hold & Earn program. From now until October 16, 2026, the fifth and final month marks the last opportunity for users to earn WLFI rewards daily from a 35,000,000 WLFI pool, simply by holding USD1 in their Bybit account before the program concludes.

Once enrolled, eligible holders can earn up to 8% APR and win daily rewards from the exclusive incentive program. No staking, subscription or lock-up is required. Holders can also track their standing on the USD1 Holder Leaderboard, which updates daily and ranks the top 50 USD1 holders on Bybit by effective holdings.

Daily rewards are calculated using the formula: effective daily USD1 holdings multiplied by the USD1/USDT settlement price, multiplied by the daily APR, divided by 365, divided by the WLFI/USDT settlement price. Both settlement prices are determined by the average of the last trade price per minute between 23:30 and 23:59 UTC, sourced from the Bybit Spot Market. Actual APR and reward amounts may vary based on total participation and market pricing during the campaign period.

The program will conclude Bybit’s engagement with the USD1 ecosystem in 2026. Launched in April 2026, Bybit’s USD1 Ecosystem Carnival introduced three new USD1-quoted trading pairs, BTC/USD1, ETH/USD1 and USDC/USD1, alongside a series of trading and gamified campaigns that distributed a combined 10,000,000 WLFI in rewards. 

USD1 is a USD-backed stablecoin issued by World Liberty Financial, fully collateralized by short-term U.S. Treasury securities and cash equivalents and designed to maintain a stable 1:1 peg with the US Dollar. WLFI is the governance token of World Liberty Financial, a DeFi protocol built to broaden access to decentralized financial services. Token holders can participate in protocol governance decisions and contribute to the direction of the ecosystem.

Terms and conditions apply. Actual APR and reward amounts may vary based on total participation and market pricing during the campaign period. For details on eligibility and potential restrictions, users may visit: USD1 Hold & Earn Month 5: 35M WLFI Rewards, Up to 8% APR.

#Bybit  / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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MAHE Announces Dr TMA Pai Green Campus Excellence Awards at Youth in Social Change Conference

More than 600 young participants engage in practical, skill-based learning

BENGALURU, India, Sept. 18, 2026 /PRNewswire/ — Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed-to-be University, announced the establishment of Dr TMA Pai Green Campus Excellence Awards to recognise educational institutions and industries that demonstrate exemplary commitment to sustainability, environmental stewardship, climate action and responsible campus development.

The announcement was made during the inauguration of the seventh edition of the National Conference on Youth in Social Change, organised by the Volunteer Services Organisation (VSO) of MAHE in Manipal on Thursday. VSO is one of the largest university-led student volunteer organisations in India.

Announcing the initiative in his inaugural address, Dr H S Ballal, Pro Chancellor of MAHE, said, “Today, we are not merely launching an award. We are launching a movement, one that encourages institutions and industries to place sustainability at the heart of progress.“

“At Manipal Academy of Higher Education (MAHE), sustainability has evolved from individual initiatives into an institutional culture, reflected in our approach to energy, water, waste, biodiversity, mobility, and community engagement, as it is in our DNA,” he added.

The conference was organised to mark the 91st birthday of Dr Ramdas M. Pai, Padma Bhushan Awardee, Chancellor, MAHE, and to reaffirm commitment to youth engagement, volunteering and social responsibility.  Centred on the theme ‘Skills for Social Change’, the day-long conference convened more than 600 students and young minds, along with volunteers, social changemakers, academics, professionals and organisations, to explore the role of practical skills in volunteering, community engagement and the creation of meaningful social impact.

This year’s edition focused on experiential learning, with the message “This Year at Youth in Social Change, Learn a Skill for Life.” Participants attended shared morning sessions, followed by hands-on, skill-based training sessions of their choice in the afternoon. The format encouraged young people to move beyond awareness and good intentions by developing practical skills they can apply to real-life and community needs.

Dr Sharath K. Rao, Vice Chancellor, MAHE, said, “Youth are not merely the leaders of tomorrow; they are agents of change today. When their energy and ideas are strengthened with the right skills and opportunities, they can create meaningful impact in society. The National Conference on Youth in Social Change reflects this spirit—moving from awareness to ability, and from ability to action. The participation of nearly 600 young minds is a strong testament to the transformative power of youth.”

Dr Praveen Kumar, Convenor and Dr  Srinvas Hebbar, Co-Convenor of VSO, also spoke on the occasion.

A range of skill-training sessions was delivered by various constituent institutions of MAHE, covering CPR, First Aid, Culinary Arts, Self-Defence, Photography, Design Thinking, meditation and well-being, and physical activity assessment, among other areas. The initiative highlighted the importance of equipping young people with the skills, confidence and opportunities needed to contribute meaningfully to society.

About Manipal Academy of Higher Education

Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed to be University. MAHE offers over 400 specialisations across Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bengaluru, Jamshedpur, and Dubai. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 3rd in the National Institutional Ranking Framework (NIRF) 2025 rankings, MAHE is the preferred choice for students seeking transformative learning experience and enriching campus life, as well as for national and multinational corporations seeking top talent.

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Chandigarh University Mechanical Engineering Students Continue Winning Streak at ASME IMECE India, Bag Rs 2.5 Lakh Prize

Chandigarh University’s Mechanical Engineering Students Reduce Hexacopter Landing Structure Weight by 87.5%

CHANDIGARH, India, Sept. 18, 2026 /PRNewswire/ — Continuing their winning streak at the national-level engineering competitions, the six-member team of Chandigarh University’s engineering students has secured a consecutive podium finish at the second edition of American Society of Mechanical Engineers’ (ASME) ‘International Mechanical Engineering Congress and Exposition (IMECE) India 2026’ (ASME IMECE India 2026) in Chennai by winning second prize in two highly competitive contests ‘Brain Bolt-The Engineer’s Sprint 2026’ and ‘MechanIQ-The Engineers’ Quiz’ with a combined prize amount of Rs. 2.5 lakh.

After securing the first position in ‘Brain Bolt’ during first edition of ASME-IMECE in 2025 at Hyderabad, the six-member Chandigarh University team named ‘Mech Minds United’, consisting of talented final-year Mechanical Engineering students – SM Nafis Ahmad, Mohit Mishra, Akhand Pratap Singh Rana, Krishna Kumar Jha, Vishwa Raj Singh and Ghulam Waris Warsi – again secured podium finish during ASME IMECE India 2026 in Chennai with consistent pursuit of excellence, innovation, technical expertise, teamwork and unwavering spirit to take on real-world engineering challenges.

While over 400 competing teams competed in the first round of this competition to solve the preliminary challenge, 60 teams from four regions across India, including Chandigarh University’s team ‘Mech Minds United’, were shortlisted for the subsequent rounds, competing through three challenging rounds based on 15 industry-relevant problem statements during the 24-hoursprint.

With the theme, ‘Think Fast, Build Faster, Solve What Matters’, the ‘Brain Bolt-The Engineer’s Sprint 2026’ tested Chandigarh University team’s creativity, technical knowledge, engineering design, analytical thinking, teamwork, innovation and the ability to deliver effective solutions in the given time.

In Brain Bolt – The Engineer’s Sprint 2026, CU’s team Mech Minds United addressed an industry-focused structural engineering problem proposed by Siemens Technology and Services Pvt. Ltd to win the second prize of Rs. 2 lakh. The CU team was required to provide a solution for topology optimization and lattice-based redesign of an industrial hexacopter landing structure specifically intended for metal additive manufacturing. The main objective was to replace the conventional, material-intensive landing system with a lightweight, structurally optimized and additive-manufacturing-compatible design. At the same time, the hexacopter had to maintain adequate load-carrying capacity, stiffness and overall structural integrity.

The Chandigarh University team Mech Minds United succeeded in bringing substantial reduction in structural mass by reducing the landing structure from 6.26 kilogram (kg) to just 0.785 kg, a reduction of 87.5% in mass even as the given target was to reduce the same by 50%. The team surpassed the target by combining topology optimisation, lattice design, FEA validation and DfAM principles in developing a lightweight and structurally efficient landing system.

Alongside Brain Bolt, Chandigarh University team also participated in MechanIQ – The Engineers’ Quiz, which tested technical knowledge and engineering aptitude of participants. With a strong understanding of engineering fundamentals, quick thinking, analytical reasoning and effective teamwork, Mech Minds United secured second prize of Rs. 50,000 in this competition.

Congratulating the winning Mechanical Engineering students, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University, said, “We are immensely proud of Mech Minds United for achieving a remarkable double podium finish at ASME IMECE India 2026. After securing the prestigious first position in ASME Brain Bolt 2025, it’s really remarkable to see Mech Minds United once again finish on the podium at the 2026 edition of ASME IMECE India. This consecutive success is a testament to the team’s consistent pursuit of excellence, innovation, technical expertise, teamwork, determination and unwavering spirit to take on real-world engineering challenges. The achievement in Brain Bolt – The Engineer’s Sprint 2026 is particularly special, as the competition challenged engineering students to think beyond conventional approaches and develop innovative solutions to real-world engineering problems. Securing second prize and Rs. 50,000 in ‘MechanIQ – The Engineers’ Quiz added another proud achievement to Chandigarh University team’s ASME IMECE India 2026 journey. However, CU team’s this journey was not just about winning prizes. It was about learning, experimenting, failing, improving, collaborating and continuously pushing themselves as every round brought a new challenge, every discussion brought a new perspective, and every deadline taught the importance of discipline and teamwork. I am confident this success will inspire future generations of engineers at Chandigarh University to continue tackling real-world challenges and make their mark on the global stage.”

“During this innovation marathon, our engineering students displayed their skills for tackling real-world situations. To develop such skills, Chandigarh University integrates experiential learning through hands-on workshops, industry collaborations, and real-world projects which bridge the gap between theory and practice. Being a research-intensive and innovation-driven institution, Chandigarh University has 30 Industry-sponsored high-tech R&D labs and 16 Centers of Excellences established by leading MNCs which foster practical skills for a successful career in modern day world. The industry-collaborated and future-ready program of Chandigarh University are meticulously designed to equip students with the latest industry insights, practical skills, and hands-on experiences, ensuring they are well-prepared to tackle the challenges of the modern business landscape,” he added.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: https://www.cuchd.in/

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Protean launches next-generation KYC Onboarding & Reporting Solution at Global Fintech Fest 2026

MUMBAI, India, Sept. 18, 2026 /PRNewswire/ — Protean eGov Technologies Ltd. launched its next-generation KYC Onboarding & Reporting Solution at the Global Fintech Fest 2026 in Mumbai on 9^th September 2026. The platform was unveiled in the presence of Shri. P Vasudevan, Executive Director, Reserve Bank of India, marking a significant milestone in Protean’s efforts to assist regulated financial institutions in deriving greater value from India’s expanding Central KYC infrastructure.

India’s Central KYC Registry holds over 112 crore records across 7,000+ registered entities, making it one of India’s largest identity databases after Aadhaar. The platform enables regulated entities to onboard customers using existing, consent-based CKYC records, removing the need for customers to submit and verify KYC documents afresh at each institution.

Protean’s platform comprises four capabilities across the KYC lifecycle: Onboarding Journeys, KYC Reporting, Unsolicited Notifications and Re-KYC. Onboarding Journeys, built on the CKYC 2.0 APIs, retrieve a customer’s existing verified record with their consent and use it directly, with facial match or V-CIP for authentication and AI-based duplicate detection designed to help identify potential identity fraud – completing onboarding within a single session. The KYC Reporting Solution automates validation, image correction and real-time submission to CERSAI and, in deployments to date, the solution has demonstrated up to 97% first-time-right submissions, up to 70% faster turnaround times and up to 60% reduction in operational costs. Unsolicited Notifications keep institutional records current automatically, while Re-KYC streamlines periodic re-verification through a simplified customer confirmation journey.

Speaking at the launch, Shri. P Vasudevan, Executive Director, Reserve Bank of India (RBI) said: “India’s Central KYC Registry holds a massive repository of verified records across institutions. The next logical evolution for our financial system is to make KYC truly reusable – minimizing friction for customers, streamlining compliance for regulated entities and building a secure, consent-based digital ecosystem. I congratulate Team Protean for developing an innovative product in this critical area.”

Commenting on the launch, Mr. Ajay Rajan, MD & CEO, Protean eGov Technologies Ltd., said: “CKYC has the potential to become a foundational trust layer for India’s financial ecosystem – enabling customers to establish their identity once and seamlessly reuse it across multiple financial services. The opportunity now is to translate the scale of this infrastructure into significantly better customer and institutional journeys. By bringing intelligence and automation across onboarding, reporting and KYC updation, we can reduce friction, improve the quality and currency of information, and create a stronger foundation for innovation across India’s digital economy.”

Speaking at the launch, Mr. Rakesh Dosi, Chief Business & Product Officer, Protean eGov Technologies Ltd., said: “For regulated institutions, KYC does not end at onboarding. It continues through reporting, record updates and periodic re-verification. We have built this platform around the entire lifecycle — connecting these processes through one integrated technology layer. The objective is to reduce repetition for customers, minimise manual intervention for institutions and make KYC operations faster, smarter and more efficient at scale.”

For Protean, this launch reflects a broader evolution in its role — from building the foundational rails that power key public and financial services to creating the technology layers that allow institutions to use those rails more intelligently. The launch of its KYC Onboarding & Reporting Solution brings that experience into a new phase, focused not just on infrastructure at scale, but on improving how that infrastructure is experienced, adopted and applied across the financial ecosystem.

Disclaimer: Certain statements in this release may constitute forward-looking statements. Actual results may differ materially from those expressed or implied due to various risks and uncertainties.

About Protean eGov Technologies Ltd:

Over the past 30 years, Protean has been at the forefront of building population-scale DPIs across taxation, identity services and social security. Aligned with India’s visionary DPI framework built on open standards and protocols, the company continues to contribute towards multisectoral Open Digital Ecosystems across e-commerce, transport/mobility, agriculture, education & skilling, and health. Protean has evolved from being a system integrator into a high-tech, agile product organisation, instrumental in powering enterprise digitization by offering consumer and corporate tech, along with infrastructure services in cloud and cybersecurity. With a deep-rooted focus on innovation and open digital ecosystems, the company remains a key enabler in the country’s ongoing digital transformation. For more details on Protean Technologies, please visit: proteantech.in.

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THIS FESTIVE SEASON, HANGYO GIVES THE TRADITIONAL MODAK A COOL NEW AVATAR

Hangyo Ice Creams introduces Modak Ice Cream — where the warmth of tradition meets the joy of creamy indulgence

BENGALURU, India, Sept. 18, 2026 /PRNewswire/ — Some festive traditions are meant to be preserved. Others are meant to be reimagined.

This festive season, Hangyo Ice Creams brings together the best of both worlds with the launch of Hangyo Modak Ice Cream — an innovative creation that transforms the much-loved traditional Modak into a deliciously contemporary ice cream experience.

A symbol of auspiciousness, celebration and togetherness, the Modak has always held a special place in Indian festive traditions. Hangyo takes this beloved festive favourite and gives it an irresistible new avatar — keeping the iconic Modak shape intact while bringing in the creamy indulgence of ice cream.

A Modak you can savour, not just admire

Crafted in the distinctive traditional Modak shape, Hangyo Modak Ice Cream is designed to instantly evoke the nostalgia and joy associated with the festive season. The delicate outer layer of white chocolate provides a smooth, elegant coating and a delightful bite, while the creamy ice cream within is thoughtfully infused with the traditional flavours and ingredients inspired by the much-loved Modak.

The result is a delightful meeting of Indian tradition and contemporary indulgence — familiar enough to evoke memories, yet novel enough to create an entirely new festive experience.

“At Hangyo, we believe that innovation is most meaningful when it connects with an emotion. The Modak is not just a sweet; it represents celebration, devotion, family and happiness. With Hangyo Modak Ice Cream, we wanted to retain that emotional connect while presenting it in a completely new and exciting form. It is tradition, reimagined through the joy of ice cream,” said Mr. Pradeep G Pai – Managing Director, Hangyo Ice Creams Pvt Limited.

Tradition, Reimagined by Hangyo

The launch is a natural extension of Hangyo’s philosophy of bringing innovation closer to Indian tastes and traditions. The brand has consistently explored new flavours, formats and experiences that appeal to today’s consumers while retaining the familiarity and nostalgia of flavours they have grown up with.

With Modak Ice Cream, Hangyo goes a step further — transforming a traditional festive sweet into an ice cream that looks like a Modak, celebrates the flavours of a Modak and delivers the indulgence of Hangyo ice cream.

It is designed to become a centre piece of festive celebrations — whether shared with family, enjoyed with friends or simply savoured as a personal festive treat.

This festive season, Hangyo invites India to unwrap tradition, savour innovation and share a smile — one Modak at a time.

About Hangyo Ice Creams

Founded in 1997 by the visionary Pai brothers in, Hangyo began its journey with Softee Ice Cream in the coastal city of Mangaluru. What started as a local favorite has today grown into one of India’s top 15 Ice cream brands and is among the top 67 Indian Minicorns delighting customers across Karnataka, Andhra Pradesh, Telangana, Tamil Nadu, Maharashtra, Kerala, and Goa. With state of art manufacturing facilities in Udupi, Uttara Kannada and Tiruparti, Hangyo is known for its unwavering focus on quality and innovation, Hangyo has built a formidable distribution network with over 45,000 retail outlets and 450+ distributors, becoming a trusted name in homes and hearts alike.

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KERALAM CM ANNOUNCES ‘SARAL KERALAM’ TO FAST-TRACK INVESTMENT APPROVALS

One State, One Approval, One Document | 75-day time-bound process for investments above ₹25 crore

THIRUVANANTHAPURAM, India, Sept. 18, 2026 /PRNewswire/ — Keralam Chief Minister V.D. Satheesan today announced ‘SARAL Keralam – Simplified and Accelerated Regulatory Approvals and Licensing’, a major reform to simplify and accelerate statutory approvals for investment projects in Keralam.

Approved by the Cabinet, SARAL Keralam is based on the principle of ‘One State, One Approval, One Document’ and will establish a single statutory mechanism for final approval of eligible investment projects. The Chief Minister said the reform would simplify procedures, reduce delays and make state’s investment environment more predictable.

The mechanism will cover investments above ₹25 crore. Projects above ₹25 crore and up to ₹50 crore will be considered at the District level, while projects above ₹50 crore will come under the State-level mechanism. The State-level Approval Committee will be chaired by the Chief Secretary and the District-level Committee by the District Collector.

75 DAYS FOR FINAL APPROVAL

A maximum processing period of 75 days will be prescribed from submission of a complete application to final approval. This includes 10 days for preliminary scrutiny, 30 days for technical scrutiny, 15 days for appraisal and consolidation, and 20 days for the final decision. An Integrated Enterprise Clearance Certificate will be issued immediately after approval.

SARAL Keralam will be a one-stop mechanism for statutory approvals, rather than merely recommendations. Necessary amendments to the relevant Acts and Rules will transfer final approval authority to the State- and District-level Committees and simplify technical procedures.

A key feature is clear responsibility and accountability for departmental officers involved in appraisal and approval. Amendments to the Kerala State Service Rules are proposed to enable disciplinary action for delays, inaction, failure to act or a negative attitude in the discharge of duties.

At the same time, Departments will retain their technical scrutiny and inspection responsibilities. The framework will not dilute safeguards relating to safety, environmental protection, employee welfare or public health. There will be no deemed approval, and existing departmental mechanisms will continue for investments outside the specified categories.

The framework will also provide an appeal mechanism against rejection decisions and is intended to significantly reduce the regulatory burden associated with investment approvals.

₹25,700 CRORE INVESTMENT AFFECTED BY DELAYS

The reform seeks to address prolonged delays in investment approvals. KSIDC is monitoring 73 major investment projects, of which 47 remain stalled due to delays in statutory approvals and clearances. These projects represent investments of more than ₹25,700 crore and have the potential to generate approximately 88,000 employment opportunities.

The Chief Minister noted that some investment proposals have remained pending for five to seven years, and said SARAL Keralam is a major step towards bringing investments to Keralam by making approval procedures faster and simpler.

The Cabinet has approved the necessary statutory framework, including amendments to 19 existing laws, following detailed consultations with the concerned Departments and agencies.

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Tenthpin Launches AI, IoMT-based Centre for Life Sciences Innovation Hub in Bengaluru

BENGALURU, India, Sept. 18, 2026 /PRNewswire/ — Switzerland based Tenthpin Management Consultants, a global leader in management and technology consulting for Life Sciences companies has announced the launch of Innovation Hub in Bengaluru, establishing a Global Centre of Excellence dedicated to advanced therapies that delivers a cutting-edge AI and cloud-driven solutions that help organizations accelerate and transform complex gene, cell, and tissue treatments into life-saving medicines.

By bringing together deep scientific expertise, and industry-leading technology partnerships, this centre serves as a hub for innovation to supports biotech and pharmaceutical organizations at every stage of the transformation journey from early-stage research and process optimization to scale-up, manufacturing, and regulatory readiness reducing time-to-market while upholding the highest standards of quality. Through AI-powered analytics, predictive modelling, and cloud-based collaboration tools, the Centre enables faster decision-making, greater reproducibility, and more efficient use of resources, ultimately helping bring transformative therapies to patients who need them most.

The latest state of art facility at Global Tech Park, Koramangala was inaugurated by Mr Juergen Bauer, Founder and Chairman of the Executive Board of Tenthpin, in the presence of Mr. Michael Schmidt, Founder and Member of the Executive Board of Tenthpin and Mr. Sachin Bhure, Partner and Managing Director, Tenthpin India.

As the Life Sciences industry continues to evolve through new scientific and technological advances, companies require innovative digital solutions to address emerging market needs. Tenthpin’s Innovation Hub in Bengaluru is focused to meet these challenges by developing unique solutions and deliver services that help organizations navigate today’s industrial needs and prepare for the future. Built on leading cloud technologies, these innovations support pharmaceutical, biotechnology, healthcare, animal health and CDMOs in accelerating growth while maintaining regulatory compliance, which is a core for these businesses. The Innovation Hub will focus on next-generation capabilities such as Artificial Intelligence, Internet of Medical Things (IoMT), Advanced Therapy Medicinal Products (ATMPs) and Intelligent Clinical Supply Chain providing the industry with scalable, future-ready solutions.

Speaking on the occasion of the launch, Mr. Juergen Bauer said, “Our new office in Bengaluru is more than an expansion — it’s an investment in the future of Life Sciences innovation. Scaling and expanding of our presence in Bengaluru underscores Tenthpin’s strong belief in the power of Indian talent and innovation. India has proven to be a cornerstone of our global delivery model — combining expertise, technical excellence, and a deep commitment to quality.” He also added, “India’s exceptional talent and deep technology expertise align perfectly with Tenthpin’s mission to redefine how global Life Sciences organizations run their businesses. Together with our teams in Pune and Hyderabad, our Bengaluru team will be at the heart of co-creating intelligent, compliant, and transformative solutions. We are excited to expand an Innovation hub that not only delivers excellence but also fosters collaboration, creativity, and long-term value for our clients and partners by deliver high-value services and next-generation digital solutions to our life sciences clients worldwide.”

The Innovation Hub in Bengaluru will serve as a global hub for revolutionizing and further enhancing next-generation AI-based products and accelerators that help Life Sciences companies simplify complexity, ensure regulatory compliance and scale efficiently in a rapidly evolving digital ecosystem. This centre will also collaborate with local research institutions, universities, and industry partners to drive advancements of Life Sciences in India.

Speaking on the occasion, Mr. Michael Schmidt said, “Opening of our new office in Bengaluru marks an important milestone in Tenthpin’s global growth journey. As delivery headquarters of India, Bengaluru plays a pivotal role in delivering innovative, high-quality solutions for our Life Sciences clients around the world. With deep expertise in SAP Batch Release Hub (BRH), SAP Intelligent Clinical Supply Management (ICSM), and SAP Advanced Therapy Orchestration (ATO), and our own AI-powered, GxP-ready Tenthpin software solutions, this centre will strengthen our ability to accelerate digital transformation in the Life Sciences industry.” He also stated, “Our team in India embodies our commitment to excellence, innovation, and partnership — ensuring that Tenthpin continues to set the global benchmark for SAP transformations and Life Sciences cloud solutions.”

“We also aim to help Indian Life Sciences companies to become global leaders in innovation with the help of local talent,” said Mr. Sachin Bhure. “Bengaluru possesses world class talent pool and the augmentation of this talent and practitioners will help in the speed to market and innovation to great extent. We plan to expand our Bengaluru footprint and double the current team in next two years,” he added.

For more information, please visit https://tenthpin.com

About Tenthpin

Tenthpin is a global consulting and technology boutique for the Life Sciences industry. 16 out of top 20 global pharma companies work with us. Besides its presence across the globe, Tenthpin has 3 major delivery centres of excellence in India, at Hyderabad, Bengaluru and Pune. Their deep appreciation for regulatory compliances while implementing technology solutions for Life Sciences companies, make them a sought-after specialist by their customers.

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National Bank for Financing Infrastructure and Development hosts Infrastructure conclave 2026 to deliberate on avenues for mobilising long-term infrastructure capital

MUMBAI, India, Sept. 18, 2026 /PRNewswire/ — The National Bank for Financing Infrastructure and Development (the Institution) hosted the Infrastructure conclave 2026 in Mumbai, bringing together key stakeholders from the infrastructure financing ecosystem to deliberate on avenues to strengthen infrastructure financing and mobilise domestic and global long-term capital.

The event witnessed keynote addresses by Mr. Tuhin Kanta Pandey, Chairman, Securities and Exchange Board of India (SEBI), and Ms. Laya Madduri, IAS, Joint Secretary, Infrastructure Finance Secretariat, Department of Economic Affairs (DEA).

One of the key highlights of the conclave was the launch of two research reports — ‘Channelizing Domestic and Global Capital for Infrastructure Financing’ and ‘Catalysing India’s Economic Ambitions through Bond Market Development.’ 

The conclave featured panel discussions focused on key aspects of infrastructure financing, including bridging India’s infrastructure financing gap by unlocking domestic and global capital, mobilising domestic and global insurance capital for infrastructure growth, and exploring structured financial solutions for recycling capital and expanding investment through securitisation, Credit Default Swaps (CDS) and Total Return Swaps (TRS).

The discussions also focused on asset monetisation for states to attract institutional capital for infrastructure, including the role of InvITs and REITs by enabling capital recycling and access to long-term institutional capital. The conclave further explored the new pool of infrastructure capital, including private credit, infrastructure funds, pension funds, sovereign wealth funds, insurance capital and other institutional capital.

Commenting on the occasion Mr. Rajkiran Rai G., Managing Director, National Bank for Financing Infrastructure and Development, said, “India’s infrastructure ambitions require a strong and diversified financing ecosystem that can effectively channel long-term domestic and global capital. The Infrastructure conclave 2026 brings together stakeholders to examine new avenues for mobilising capital, deepening the bond market and developing innovative financing structures. Through informed dialogue and collaboration across the ecosystem, we aim to contribute towards strengthening of financing architecture needed to support India’s infrastructure growth.”

The first panel discussion examined the role of long-term institutional and private capital in bridging the infrastructure financing gap and the measures required to attract greater international capital. The discussion covered regulatory and policy considerations, project execution risks, financing constraints, currency volatility and evolving ESG compliance requirements.

The second panel focused on the potential to unlock a larger pool of domestic and global insurance capital for infrastructure growth, while balancing regulatory safeguards and risk-based capital norms with greater flexibility for long-term infrastructure investments. It also explored credit enhancement, co-investment and risk-sharing structures to address risk perceptions, improve project bankability and create investment opportunities aligned with insurers’ long-term liabilities.

The third panel examined securitisation and other structured lending solutions as pathways to unlock capital from operational assets, deepen bond markets and attract institutional investors. The discussion also considered securitisation structures tailored to infrastructure financing and the key considerations and challenges in developing an India-focused securitisation market.

The fourth panel focused on asset monetisation for states and the role of capital recycling which can be utilized by the states for investing in greenfield infrastructure assets in enabling higher capital expenditure while staying within fiscal limits. The discussion explored private participation through InvITs, and the steps required to replicate the success of the National Monetisation Pipeline at the state level.

The final panel focused on exploring the new pool of infrastructure capital and examined the growing infrastructure financing requirements and the role of alternative sources of capital as against traditional sources such as commercial banks, government budgets and conventional project finance, which face constraints relating to capital, tenor, risk appetite and regulatory requirements.

The conclave brought together stakeholders from across the infrastructure financing ecosystem to foster structured dialogue on expanding sources of capital and strengthening the financing ecosystem for India’s infrastructure requirements.

About National Bank for Financing Infrastructure and Development

National Bank for Financing Infrastructure and Development is a Development Financial Institution (DFI) established in April 2021. The institution is dedicated to accelerating the development of India’s infrastructure ecosystem by addressing the long-term financing needs of the sector. The institution plays a pivotal role in driving the nation’s economic growth and fostering sustainable development. It is committed towards its vision of becoming a strong provider of impact investment, catalysing infrastructure financing for transformative growth of India. 

The institution aims to be a key partner in helping India achieve its ambitious infrastructure development objectives – responsibly and sustainably. Additionally, the institution is working towards developing a deep and liquid market for bonds, loans, and derivatives for infrastructure financing. 

Website: https://nabfid.org/

LinkedIn: https://www.linkedin.com/company/national-bank-for-financing-infrastructure-and-development/ 

Twitter: https://x.com/NaBFID_official 

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SMU MBA rises to 3rd in Asia in 2027 QS Global MBA Rankings

Highest Asian ranking to-date underscores growing employer recognition and academic strength

SMU Master of Science in Applied Finance also ranks 3rd in Asia

SINGAPORE, Sept. 18, 2026 /PRNewswire/ — Singapore Management University’s (SMU) Master of Business Administration (MBA) has reached a new high in the 2027 QS Global MBA Rankings, rising to 3rd in Asia, its highest regional position to date, and ranking 41st globally.

The result marks the third consecutive year that the SMU MBA has risen in Asia, climbing from 6th in 2024 to 5th in 2025, 4th in 2026 and now 3rd in 2027. It is the second highest ranked MBA programme in Singapore and remains within the top 10 per cent of more than 400 MBA programmes assessed worldwide. The strong showing is underpinned by gains in employer recognition and graduate employment, alongside a 4th-place ranking in Asia for Thought Leadership, highlighting the combination of strong career outcomes and academic excellence that defines the SMU MBA experience.

SMU Master of Science in Applied Finance also ranks 3rd in Asia

SMU’s strong performance also extends to the 2027 QS Master’s in Finance Rankings, where its Master of Science in Applied Finance (MAF) ranks 3rd in Asia and 39th globally. It remains the only finance master’s programme in Singapore included in the rankings, as the field expanded significantly from 248 programmes last year to 319 this year.

Academic strength with impact

Thought Leadership was another area of strength, with both programmes ranking among the world’s Top 40, with the MBA at 33rd and the MAF at 19th. These results underscore SMU’s Lee Kong Chian School of Business (LKCSB)’s growing standing as a source of influential research and ideas that contribute to business and management thinking.

Almost all teaching faculty at SMU’s LKCSB hold doctorates, bringing deep academic expertise and research insights into the classroom. The growing influence of their research is also reflected in this year’s rankings, with research impact improving for both the MBA and MAF. Students across the MBA and MAF learn from well-qualified faculty in their areas of expertise, giving them access to current thinking and research that can be applied to real-world business challenges.

Professor Shantanu Bhattacharya, Deputy Dean (Education) at SMU’s Lee Kong Chian School of Business, said: “Our MBA and MAF both ranking 3rd in Asia is a strong affirmation of the quality of an SMU business education and the progress we have made over several years. This recognition reflects the calibre of our faculty, the relevance and impact of their research, and the value employers place on our graduates. We are particularly encouraged by the growing recognition from employers, which speaks to the capabilities and perspectives our graduates bring to the workplace. In the latest graduate employment survey, 86% and 78% of our MBA and MAF postgraduate students secured employment within six months of graduation respectively. Our focus remains on delivering an education that equips our students to advance their careers, seize new opportunities and lead with confidence in a dynamic and rapidly evolving Asia.”

Both the MBA and the MAF are offered by the University’s Lee Kong Chian School of Business (LKCSB).

The 2027 QS Global MBA and Master’s in Finance rankings assessed more than 400 MBA programmes and 319 Master’s in Finance programmes globally, respectively. Both rankings draw on extensive feedback from employers and academics worldwide and assess programmes across five areas: Employability, Alumni Outcomes, Thought Leadership, Value for Money and Diversity.

About Singapore Management University (SMU)

Established in 2000, Singapore Management University (SMU) is recognised for its high-impact, multi-disciplinary research that addresses Asian issues of global relevance, and for its interactive, collaborative and project-based approach to learning. Home to over 13,000 students across six schools and two colleges, SMU offers bachelors, masters and PhD programmes across Accountancy, Business, Economics, Information Systems, Integrative Studies, Law and Social Sciences, as well as executive development and continuing education programmes. SMU graduates are consistently ranked among the most employable in Singapore, and command one of the highest mean starting salaries. Through its city campus, SMU enjoys strategic linkages with business, government and the wider community in Singapore and beyond. www.smu.edu.sg

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