6, Nov 2026
Beko’s FlexiStart helps households run appliances when electricity is cheaper

New HomeWhiz feature schedules appliance cycles for lower-cost hours, helping households reduce electricity costs while supporting more flexible demand on the grid.

ISTANBUL, Nov. 6, 2026 /PRNewswire/ — Beko announces FlexiStart, a new feature powered by its HomeWhiz app that enables connected home appliances to run when electricity is cheaper. Available from January 2027, with energy provider integration starting in Germany and Türkiye, FlexiStart gives households a simple way to pay less for electricity by moving part of their use away from peak hours.

HomeWhiz FlexiStart

Ahead of its rollout, Beko will showcase FlexiStart at COP31 in Antalya, Türkiye (9–20 November 2026), as an example of how connected appliances can help households shift their electricity use in response to prices, the kind of demand flexibility that energy systems increasingly need as the share of renewable energy grows.

Electricity is not priced the same all day as prices fluctuate with the balance between supply and demand. They tend to fall when demand is low or supply is plentiful and rise in the morning and especially the evening as demand climbs. FlexiStart puts that gap to work. For households on dynamic or time-of-use tariffs, that difference shows up directly on their bill.

HomeWhiz looks at the day’s prices and suggests the best time to run the chosen program. One tap confirms it, and the appliance runs the same operation cycle during a lower-cost period.

FlexiStart works in two ways. Where Beko partners with an energy provider, the provider’s tariff prices flow into HomeWhiz automatically, so every time interval recommendation is based on up-to-date prices. Users can also enter the cheaper hours of their own tariff, and FlexiStart schedules operation cycles within them.

The feature will be available on washing machines, dishwashers and tumble dryers, with plans to add refrigerators and air conditioners for later in 2027.

Two new energy provider partnerships in Germany and Türkiye are planned to go live at launch, giving their customers time interval recommendations based on their own tariff automatically. The partnerships connect what households pay for electricity with how their appliances use it: customers can benefit from lower-cost periods, while providers gain more flexible demand to support grid balancing. Both follow an earlier pilot in the Netherlands, and Beko plans to extend partnerships to further markets in phases. 

As the share of variable renewable electricity grows, power systems need more demand optimisation that can shift across the day. The EU Code of Conduct on Energy Smart Appliances (ESA) sets out how appliances provide this flexibility, with brands committing to make them work with home energy management systems from any brand through a common standard. Beko is a founding signatory of the Code, and FlexiStart puts the same idea into practice in everyday homes.

“A small shift in when households turn their appliances on can add up to real flexibility for the grid, and lower bills for the families who make it happen,” said Ragıp Balcıoğlu, Global Chief Marketing Officer, Beko. “FlexiStart makes that shift simple. Bringing it to COP31 is our way of showing that the energy transition happens in homes as well as in power stations.”

About Beko

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of around 45,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko is the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.7 billion Euros in 2025. Beko’s 28 R&D and Design Centers & Offices across the globe are home to over 2,000 R&D employees and hold more than 4,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the seventh consecutive year (based on the results dated 16 October 2025).** The company has been recognized as the 89th most sustainable company on TIME Magazine and Statista’s 2026 list of the World’s Most Sustainable Companies and has been the sector leader for three consecutive years. Beko’s vision is ‘Respecting the World, Respected Worldwide.’   

www.bekocorporate.com   

*Licensee limited to certain jurisdictions.  

**The data presented belongs to Arçelik A.Ş., a parent company of Beko.  %




FlexiStart

Beko Logo

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6, Nov 2026
Retort Pharmaceuticals Refreshes Hercoff for a New Chapter in Accessible Throat Care

The Chennai-based company is building on the product’s legacy with a convenience-led format and plans to expand its retail distribution.

CHENNAI, India, Nov. 6, 2026 /PRNewswire/ — How a healthcare product reaches consumers can be as important as how it is formulated. For Retort Pharmaceuticals Pvt. Ltd., this thinking is shaping the next phase of Hercoff, its throat-care brand, as the company refreshes its market positioning and works to expand its availability through retail channels.

With a single-dose sachet format alongside a conventional syrup bottle, Hercoff brings together two practical considerations in everyday product access: convenience and affordability. The renewed brand push reflects Retort Pharmaceuticals’ ambition to develop Hercoff into a recognised household name in throat care.

Reimagining the everyday product experience

Hercoff is available in a 10 ml single-dose sachet and a 100 ml syrup bottle. The sachet format offers an alternative to a conventional bottle, with a defined serving size and a compact presentation designed for convenience.

The company has also developed retail packaging that allows boxes of sachets to function as counter dispensers, offering chemists and general stores a practical way to display the product.

These decisions reflect the brand’s focus on the everyday retail experience, from how a product is presented at the counter to how consumers can purchase it in a convenient format.

Hercoff’s formulation includes ingredients such as vasaka, mulethi, ginger, pippali and pudina. Its product positioning draws on these familiar ingredients while placing emphasis on accessibility and convenience.

From product availability to a wider market presence

Retort Pharmaceuticals is building its distribution network in Tamil Nadu while exploring opportunities to extend Hercoff’s reach into the North-East.

The company’s current efforts include outreach to distributors in Assam, Meghalaya, Tripura and Manipur, with markets such as Guwahati, Dibrugarh, Jorhat, Nagaon, Shillong, Agartala and Imphal among those identified for distribution development.

The objective is to build a wider retail presence through chemists and general stores, creating a foundation for the brand’s longer-term growth.

Rather than treating the current market push as a one-time launch, the company sees distribution development as part of the broader process of establishing Hercoff in the throat-care category.

Building towards a household brand

For Retort Pharmaceuticals, the ambition for Hercoff extends beyond introducing a product or refreshing its packaging. The company wants to build a recognisable household throat-care brand, supported by convenient formats, an accessible price point and growing retail availability.

As it develops the brand’s market presence, the next phase will focus on strengthening distribution and building familiarity with Hercoff among consumers and retail partners.

About Retort Pharmaceuticals Pvt. Ltd.

Retort Pharmaceuticals Pvt. Ltd., based in Chennai, is part of the Retort Group, a healthcare business with interests in Ayurvedic and allopathic products. The group describes its approach as bringing together Ayurvedic knowledge and modern medicine, with an emphasis on accessible healthcare.

For more information, visit the Retort Group website: https://retort.in/ / Email: admin@retort.in

 

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6, Nov 2026
Affle Announces Kedia Doctoral Research Scholarship at IIIT Hyderabad, reinforcing its commitment to building the future of Technology and Talent

Marking 20 years of Vipul Kedia’s leadership at Affle, the initiative opens a new chapter of long-term commitment to innovation, research and societal impact, supporting doctoral research scholars over the next 20 years.

Hyderabad, Nov 06: Affle 3i Limited (BSE: 542752 & NSE: AFFLE), a global technology company delivering premium consumer conversions for advertisers through its verticalized AI-powered Consumer Platform announced the establishment of the ‘Kedia Doctoral Research Scholarship’ at the International Institute of Information Technology Hyderabad (IIIT Hyderabad).

The scholarship marks an important milestone in the journey of Vipul Kedia, Affle’s COO – India & Emerging Markets, commemorating his 20 years of leadership and contributions at Affle while reflecting a shared commitment to the greater opportunities and responsibilities ahead. Beyond a celebration of the past achievements, the initiative represents a forward-looking commitment to building a stronger future through technology, talent and meaningful societal contributions. It reflects the belief that the true measure of sustained success is not only in the businesses we build, but also in the positive impact we create for generations to come.

Supported through an annual contribution from Affle, the scholarship will fund one doctoral research scholar each year for the next 20 years, covering tuition, stipend, research expenses and dissemination of research outcomes. The initiative will support  advanced research in critical and emerging technology domains, including Artificial Intelligence (AI), cybersecurity, healthcare AI and smart cities. By enabling promising researchers to pursue ambitious ideas and address real-world challenges, Affle aims to contribute to India’s technological self-reliance and strengthen the country’s research and innovation ecosystem.

As a distinguished alumnus of IIIT Hyderabad, Vipul Kedia’s association with the institute has been an important part of his journey. From his academic foundations to two decades of building and scaling businesses at Affle, his career reflects the power of long-term thinking, continuous innovation and enduring relationships.

The establishment of the scholarship also signals the beginning of a new chapter—one defined by the ambition to continue building Affle for the long term while extending the impact of its success beyond business.

Commenting on the initiative, PJ Narayanan, Professor and Former Director at IIIT Hyderabad, said: “We sincerely appreciate Affle’s commitment to supporting advanced research and nurturing the next generation of technology talent through the Kedia Doctoral Research Scholarship. Initiatives such as this play an important role in enabling promising scholars to pursue deeper inquiry, explore emerging technology frontiers and contribute to solutions addressing real-world challenges. “It is particularly encouraging to see Vipul Kedia’s longstanding association with IIIT Hyderabad evolve into an enduring commitment to the institution and its future researchers. This initiative reflects the importance of sustained partnerships between industry and academia, and we hope it will inspire impactful research and innovation for many years to come.”

Vipul Kedia, COO – India & Emerging Markets at Affle, said: “Twenty years at Affle has been an extraordinary journey of learning, building and growing alongside remarkable people. I see this milestone not as a destination, but as the beginning of an even more exciting chapter. We have tremendous opportunities ahead of us at Affle to continue innovating, building enduring businesses and creating meaningful value through technology. At the same time, I believe that as we grow, so must fulfil our commitment to making a positive difference beyond our business.” He continued, “IIIT Hyderabad has played an important role in shaping my journey, and it is deeply meaningful to see Affle’s commitment to innovation extend to supporting the next generation of researchers and technology leaders. Through this scholarship, we hope to empower young minds to pursue bold ideas, solve important problems and create impact that lasts well beyond our own journeys. Our ambition is simple: to keep doing great things at Affle, and to do even greater good for the world. The best chapters of our journey are still ahead of us. I’m grateful that Affle has commemorated this milestone in my journey with a meaningful initiative that contributes to nurturing and empowering the next generation of talent.”

The Kedia Doctoral Research Scholarship reflects Affle’s broader philosophy of combining long-term business growth with long-term societal value creation. By investing in young researchers and emerging technology domains, Affle seeks to contribute to an ecosystem where academic excellence, entrepreneurial ambition and industry innovation reinforce one another. As Affle continues to advance its AI-led technology capabilities and expand its global impact, initiatives such as this reinforce its commitment to shaping a future where technological progress and societal advancement go hand in hand. The scholarship stands as a commitment not merely to the next 20 years of research, but to the possibilities that future generations of innovators will unlock.

6, Nov 2026
EKA Mobility opened its 2nd showroom in the city, -aims to open 20 more outlets across TG in next 18 months

Venkat Kulluri, MLA, Amberpet seen inaugurating EKA MOBILITY SHOWROOM AT KACHIGUDA

Hyderabad, Nov 06: The SKED Rides Pvt Ltd, the Authorised dealer for Telangana for Eka Mobility Electric Commercial Vehicles opened its second outlet in the toy at Kachiguda, Beside Patels Delights, Nimboliadda on Friday morning.

The showroom was formally inaugurated by Venkat Kulluri, MLA, Amberpet in the presence of Mr. Prithvi Reddy, MD and Manoj Kothari & Rajender Kothari both the Executive Directors of Sked Ride Pvt Ltd

The MLA Venkat Kulluri said electric mobility is the need of the hour.

The newly opened showroom is an exclusive outlet for Electric Autos featuring the latest entrant the EKA AVI 3S electric autorickshaw, launched in Hyderabad recently.

With its car-like styling, spacious interiors and a distinctive AC-DC charging capability, the vehicle seeks to address one of the practical concerns facing commercial drivers: how to spend less time charging and more time earning.

Speaking on the occasion Prithvi Reddy said it was their second showroom and the first the was at Kukatpally and their have already chalked out expansion plans and will open 5 showrooms in the city, 15 in rest of the state, on the whole 20 across Telangana in next 18 months.

According to him, the EKA is a Pune-based electric vehicle manufacturer that offers sustainable, technology-driven mobility solutions, including electric buses, trucks and small commercial vehicles for passenger transport, cargo transport including last-mile delivery. EKA Mobility aims to accelerate India’s transition towards cleaner, greener and more sustainable transportation through innovative electric mobility solutions.

Adds Manoj Kothari that EKA has the largest range of Electric Commercial Vehicles. EKA Mobility has already bagged an order for 915 electrical buses from Telangana Government

EKA Mobility has set a target of selling 2,500 electric autorickshaws in Telangana during its first year of operations.

6, Nov 2026
Rotex Group Unveils Its New Brand Identity, Marking the Next Chapter in Its Engineering Journey

With the positioning ‘Empowering Flow Intelligence,’ the company builds on nearly six decades of engineering heritage to advance its vision for intelligent fluid control and customer-focused solutions.

MUMBAI, India, Nov. 6, 2026 /PRNewswire/ — Rotex Group, an engineering company with a legacy dating back to 1967, has unveiled its refreshed brand identity under the positioning ‘Empowering Flow Intelligence,’ marking a significant milestone in its evolution and future ambitions. Revealed at Rotex: The Next Chapter, an event held at The Leela Mumbai on October 31, 2026, the new brand identity reflects the company’s continued focus on precision engineering, application expertise and solutions designed around evolving industrial needs.

Rotex Group Unveils Its New Brand Identity, Marking the Next Chapter in Its Engineering Journey

The brand evolution represents more than a visual refresh. It articulates Rotex’s ambition to strengthen its position as an engineering and solutions partner, bringing together its manufacturing heritage, fluid-control expertise and understanding of demanding industrial applications to address increasingly complex customer requirements.

Nearly six decades of engineering evolution

Founded in 1967, Rotex has evolved alongside changing industrial requirements and advances in automation. From its beginnings in textile machinery manufacturing to its entry into solenoid valves and fluid control, the company has continuously developed its engineering capabilities and expanded its presence across industries and markets.

Today, Rotex manufactures fluid control systems and related automation products for applications across industries including oil and gas, chemicals, pharmaceuticals, power and other process-driven sectors. The company also serves automotive applications through specialised engineering capabilities. Its journey has been shaped by manufacturing expansion, product development, international growth and the strengthening of quality and certification capabilities.

Commenting on the brand evolution, Nirav Shah, Director of Rotex Automation Limited said:

“Rotex’s journey since 1967 has been driven by engineering excellence and continuous evolution. With ‘Empowering Flow Intelligence’, we are building on this strong foundation to advance our capabilities, strengthen customer partnerships and address the evolving demands of industries across India and global markets.”

Empowering Flow Intelligence: A forward-looking brand philosophy

At the heart of the new positioning is a broader view of what effective flow control can enable. ‘Empowering Flow Intelligence’ brings together three central ideas: precision engineering, intelligent control and application expertise.

For Rotex, flow control goes beyond managing the movement of fluids or gases. It is about helping systems perform as intended, supporting operational reliability and addressing the specific demands of each application. The positioning reflects the company’s commitment to combining engineering knowledge and application understanding to deliver solutions aligned with customer needs.

Sharing the brand perspective, Mitali Shah, Director, Rotex Manufacturers and Engineers Pvt Ltd, said:

“Our new identity reflects more than a visual transformation; it represents the evolution of Rotex and our vision for the future. We want to build a more unified, contemporary brand that communicates our engineering strengths, customer commitment and ambition to create lasting value.”

One identity across industries and markets

Rotex serves customers across diverse industrial environments, spanning fluid control in process industries and specialised automotive applications. The refreshed identity creates a more cohesive expression of the company’s capabilities across these areas, reinforcing a shared commitment to engineering excellence and a consistent brand experience across customer and partner engagements.

The brand evolution also supports Rotex’s ambition to deepen relationships with customers and channel partners, strengthen its recognition in international markets and communicate its engineering expertise with greater clarity.

The unveiling brought together Rotex’s leadership, stakeholders and invited guests to celebrate the company’s engineering journey and mark the beginning of its next chapter.

As Rotex moves forward, its focus remains on building on its established capabilities, strengthening customer and partner relationships, and pursuing opportunities across domestic and international markets.

Nearly six decades of engineering. One future in flow.

With ‘Empowering Flow Intelligence,’ Rotex brings its engineering heritage and future ambitions together under a brand positioning designed to reflect the demands of today’s applications and the possibilities ahead.

About Rotex Group

Founded in 1967, Rotex Group manufactures fluid control systems and related automation products for industrial and specialised applications. With a presence in more than 83 countries, the company serves industries including oil and gas, chemicals, pharmaceuticals, power and automotive. Rotex combines engineering expertise, manufacturing capabilities and application knowledge to develop control solutions for demanding operating environments.

For more information, visit https://rotexautomation.com/

 

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6, Nov 2026
Prozone Realty Limited Reports Q2 FY27 Financial Results; Landmark Divestment of Retail Malls Completed, Delivering Exceptional Net Profit of ₹55,581.54 Lakhs
  • Asset Monetization: Successfully completed the strategic divestment of retail mall subsidiaries to Inorbit Malls (India) Pvt. Ltd., driving an exceptional gain on discontinued operations of ₹61,514.49 Lakhs.
  • Strong Bottom-Line Growth: Q2 FY27 Consolidated Net Profit surged to ₹55,581.54 Lakhs, compared to ₹341.92 Lakhs in the corresponding quarter of the previous year.
  • Significant EPS Expansion: Earnings Per Share (EPS) for the quarter (combining continuing and discontinued operations) grew to ₹36.43 per share, compared to ₹0.10 in Q2 FY26.
  • Core Operational Momentum: Continuing operations revenue from Outright Sales stood at ₹1,663.55 Lakhs for the quarter, reflecting steady real estate execution.
  • Balance Sheet Transformation: Substantial capital inflows significantly strengthen liquidity and net-worth, positioning the company to rapidly scale its high-margin residential and mixed-use pipelines.

MUMBAI, India, Nov. 6, 2026 /PRNewswire/ — Prozone Realty Limited (BSE: 534675) (NSE: PROZONER), one of India’s leading regional shopping centre and residential real estate developers, today announced its un-audited consolidated financial results for the second quarter and half-year ended September 30, 2026 (Q2 FY27).

The quarter marks a historic milestone in the company’s corporate trajectory, highlighted by the successful financial accounting and closure of the strategic retail mall divestment, which has fundamentally transformed the company’s capital structure and balance sheet strength.

Key Financial Highlights (Q2 FY27 vs. Q2 FY26)

  • Revenue from Operations (Outright Sales – Continuing Operations): Recorded at ₹1,663.55 Lakhs for Q2 FY27, compared to ₹1,553.75 Lakhs in Q2 FY26. Total income for the quarter reached ₹2,051.12 Lakhs.
  • Discontinued Operations & Exceptional Gain: Following the shareholder-approved transfer of mall operations to Inorbit Malls, the exceptional gain on the divestment of discontinued operations stood at ₹61,514.49 Lakhs. Net profit after tax from discontinued operations for the quarter was reported at ₹56,909.76 Lakhs.
  • Consolidated Net Profit: Driven by the monumental asset realization, the company’s total Net Profit for Q2 FY27 scaled exponentially to ₹55,581.54 Lakhs, compared to ₹341.92 Lakhs in Q2 FY26.
  • Earnings Per Share (EPS): Basic and Diluted EPS for the quarter (combining continuing and discontinued operations) soared to ₹36.43 per share (face value of ₹2/- each), as against ₹0.10 in the corresponding previous quarter.

Management Commentary

Commenting on the landmark financial results and strategic progress, Mr. Nikhil Chaturvedi, Managing Director, Prozone Realty Limited, stated:

“Q2 FY27 represents a watershed moment in Prozone Realty’s corporate evolution. The successful realization of our retail asset monetization strategy through the transaction with Inorbit Malls has yielded an exceptional gain of over ₹61,500 lakhs, radically expanding our net worth and liquidity reserves.

This transaction accomplishes our core objective: unlocking deep embedded value from our mature commercial assets and establishing a fortress balance sheet. With virtually zero debt constraints holding back our growth, we are aggressively redeploying capital toward scaling up our high-margin residential projects and maximizing returns from our strategically retained land banks. We remain deeply committed to generating enduring, long-term value for all our stakeholders.”

Strategic Outlook & Capital Allocation

  • Residential & Mixed-Use Scaling: Capitalizing on the surplus cash flow to accelerate execution velocity across active residential developments.
  • Asset-Light Expansion: Leveraging JV/JD models on valuable land parcels retained during restructuring to optimize return on capital employed (ROCE).
  • Enhanced Financial Flexibility: Sharp reduction in net finance overheads, clearing a clear path for sustainable, high-velocity earnings growth in coming quarters.

About Prozone Realty Limited

Prozone Realty Limited (formerly Prozone Intu Properties Limited) is a premier publicly listed real estate developer focused on designing, developing, and managing world-class retail shopping centers, commercial hubs, and large-scale residential townships across high-growth Indian urban centers.

  • BSE Scrip Code: 534675
  • NSE Symbol: PROZONER
  • ISIN: INE195N01013

Website: www.prozonerealty.com

Disclaimer: Forward-looking statements included in this release are based on current expectations and assumptions. Actual results may differ materially due to economic shifts, regulatory changes, and market conditions.

 

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6, Nov 2026
Global solidarity delivers major boost to Education Cannot Wait as “Hope Starts Here” campaign approaches its US$600 million goal

Governments announce US$ 405.8 million in new pledges at Geneva replenishment conference, bringing ECW to 90% of its funding target and opening new pathways for innovative partnerships to support education for crisis-affected children.

GENEVA, Nov. 6, 2026 /PRNewswire/ — Governments and partners rallied behind the world’s most vulnerable children today, announcing US$405.8 million in new pledges to Education Cannot Wait (ECW) at its High-Level Replenishment Conference, hosted by Switzerland in Geneva. Together with US$135.8 million in financial resources already secured through previous multi-year donor commitments, these pledges bring ECW’s Hope Starts Here campaign total to US$541.6 million, reaching 90% of its US$600 million target.

Participants gather at Education Cannot Wait’s High-Level Replenishment Conference in Geneva, Switzerland, on 5 November 2026, marking US$541.6 million in total pledges towards its US$600 million funding target to reach 10 million crisis-affected children with quality education.

ECW expressed its deep gratitude to all governments and partners that stepped forward with financial commitments, reaffirming their solidarity with children affected by conflict, displacement and climate-related disasters at a time of growing humanitarian needs and shrinking international aid budgets.

Germany, the United Kingdom, Norway, Canada, Switzerland, Ireland, EU, and Japan were among the governments whose commitments demonstrated continued international leadership and confidence in ECW’s mission. Their collective support sends a powerful message: even in difficult times, the world cannot afford to turn its back on children’s education.

The conference marked a defining moment in ECW’s tenth anniversary year, renewing the commitment made when the Fund was established in 2016: that children living through crises must not be left behind.

Sigrid Kaag, Chair of ECW’s High-Level Steering Group, said: “Education is a fundamental human right, even in times of conflict, displacement and disaster. Today’s commitments are a powerful demonstration of international solidarity and a renewal of the promise we made ten years ago: that children caught in crises will not be left behind. That promise must now be translated into action.”

Switzerland’s leadership in hosting the conference reinforced the importance of collective responsibility and sustained international cooperation to protect children’s right to education.

Ambassador Dominik Stillhart, Co-Chair of ECW’s Executive Committee, said: “For more than a century, Geneva has been where the world comes together to address its toughest challenges, and one lesson stands out: education cannot be treated as an exception when crises strike. That is why Switzerland hosted this conference and pledged CHF 35 million to Education Cannot Wait for 2027 to 2030. But no country can do this alone. We need governments and partners to step up. Today, our partners chose to keep that promise funded.”

Since its establishment, ECW and its partners have reached more than 16 million children in crisis-affected countries. Yet the scale of the challenge continues to grow, with an estimated 258 million school-aged children and adolescents affected by crises worldwide.

The commitments announced in Geneva provide a strong foundation for ECW’s 2027–2030 Strategic Plan, which aims to reach 10 million children, half of them girls and including one million children with disabilities. The new strategy will strengthen ECW’s ability to respond rapidly to emergencies while providing more sustained support in protracted crises, investing in quality learning, protection, inclusion and the resilience of national education systems.

The conference also signalled growing momentum to explore new approaches to financing education in emergencies. Partnership offers and initiatives involving Porticus, the International Finance Facility for Education (IFFEd), the Education Bridging Fund (EBF) and Swiss cantonal banks highlighted opportunities to complement traditional donor contributions by mobilizing development finance and private capital.

Discussions involving Enosis Capital, BNP Paribas and MetLife Investment Management also explored the potential of an education continuity outcome bond, currently under development, to mobilize investment for children affected by crises. These initiatives, at different stages of development and subject to further design and institutional approvals, could help ECW diversify its financing base and unlock additional resources in the years ahead.

Beyond financing, high-level discussions brought together governments and partners from crisis-affected countries to demonstrate the importance of national leadership, including the integration of refugee and displaced children into national education systems and the need for more predictable financing that connects humanitarian response with longer-term recovery.

For ECW, the Geneva conference represents a major milestone, but not the conclusion of the Hope Starts Here campaign. Building on the confidence and commitments demonstrated by partners, the Fund will now focus on translating this momentum into results for children.

Maysa Jalbout, Director of Education Cannot Wait, said: “Today, our partners have given us more than financial commitments. They have placed their confidence in ECW and entrusted us with an enormous responsibility. We are deeply grateful. But the true measure of today’s success will not be how much we have raised. It will be the difference we make in children’s lives. Our work starts now.”

Looking ahead, ECW will focus on three priorities at the heart of its next strategic period.

First, ensuring that children are learning. Access to education remains essential, but it is not enough. ECW will place greater emphasis on quality learning, alongside children’s safety, mental health and well-being, ensuring that investments deliver meaningful and measurable results.

Second, strengthening national and local leadership. ECW will work to bring decisions and resources closer to communities affected by crises, advancing its ambition to channel at least 50% of programme financing through national and local partners by 2030.

Third, broadening the coalition that finances education in emergencies. Government contributions will remain the backbone of ECW’s work, complemented by stronger partnerships with philanthropy, businesses, development banks and investors to mobilize additional and more predictable financing.

With the replenishment target now within reach, ECW will continue engaging existing and prospective partners to close the remaining funding gap and build on the momentum generated in Geneva.

Ten years after its creation, ECW enters its next chapter with renewed confidence, an ambitious strategy and a strengthened coalition of partners united by a common commitment: no child should have to wait for a crisis to end before they can learn.

Notes to Editors  

About Education Cannot Wait: 

Education Cannot Wait (ECW) is the global fund for education in crises. The Fund provides rapid, flexible funding to locally-led education responses that protect learning for refugee, internally displaced and other children, while strengthening systems to sustain learning and resilience in fragile and conflict-affected contexts. ECW works with governments, public and private funders, UN agencies, civil society organisations, and other humanitarian and development aid actors so that no child is left behind. 

As global crises intensify and the education financing gap widens, ECW calls on public and private sector partners to scale up investments so millions more crisis-affected girls and boys can learn and rebuild their futures. 

Additional information available at: www.educationcannotwait.org 

For press inquiries:

Rafik Elouerchefani: ecwcomms@un-ecw.org

ECW LOGO

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6, Nov 2026
India Ranks 11th in Major AI Study – with Commonwealth’s Second-Largest Potential GDP Gain of US$79 Billion and Youth Jobs Opportunity

Nov 06: India has ranked 11th out of 56 Commonwealth countries in a major new study of youth AI readiness, which identifies a potential US$79 billion boost to its economy after ten years – the second-largest economic opportunity of any country in the Commonwealth.

The Ayre Index, launched at the Commonwealth Heads of Government Meeting in Antigua and Barbuda, scores India 60.6 out of 100, well above the study’s readiness benchmark of 53. Only 15 Commonwealth countries meet or exceed that threshold, while 41 fall below it.

India’s position carries particular significance because of its scale. The study estimates that approximately 382 million Indians are aged 15 to 29, more than half of the 732 million young people across the Commonwealth.

Research by the Ayre Think Tank, founded by Antiguan-Canadian philanthropist Calvin Ayre, also reveals considerable enthusiasm for AI among young Indians. In a survey examined by researchers, 88.8% expected to use the technology for education or work within the following year, while 60.1% expressed confidence in their ability to control their interactions with it.

India also has substantial digital infrastructure, including widespread 4G coverage and comparatively inexpensive mobile data under the Index’s selected measures. Yet only 66.5% of young people were found to own a mobile phone, showing how national coverage does not necessarily mean that every young person has the device or reliable access needed to participate.

The largest challenge may lie in translating technological potential into livelihoods. The research records 30.4% of young people outside employment, education or training, while 85.8% of young workers were in informal employment.

The possible economic benefits are considerable. Applying scenarios developed by the International Monetary Fund to India’s economy, the researchers calculate that AI could increase the level of the country’s GDP by US$79.121 billion after ten years under their moderate scenario. The conservative illustration is US$39.561 billion, rising to US$118.682 billion under the optimistic case.

Calvin Ayre, founder of the Ayre Think Tank, said: “I’ve spent my life in businesses where new technology changes everything, and I know you can’t stand still. AI is going to change how we work, how we do business and how wealth is created. But this is not a race that only the biggest or richest countries can win. What matters is giving young people the skills and the chance to get ahead – whether to start businesses, find jobs or build something for themselves. Some Commonwealth countries are ahead, others have catching up to do. Nobody can afford to be complacent. That’s why we created this Index. It shows countries where they stand, what they’re getting right and where they need to do better. Governments now have to decide what they’re going to do about it.”

India is already taking major steps to turn its technological strengths into employment opportunities. In August 2026, Prime Minister Narendra Modi announced plans to train ten million young people in AI skills within a year. The following month, the government launched new AI training programmes with Intel India to equip young people with practical skills for the emerging jobs market. These initiatives demonstrate how India is working to turn its enormous enthusiasm for AI into new employment opportunities, stronger businesses and economic growth.

The White Paper identifies five priorities: affordable and reliable access to technology; education that develops practical skills; stronger routes from training into employment and enterprise; AI tools suited to local languages and needs; and safeguards that enable young people to question automated decisions.

It calls on governments, educators and development partners to examine the particular barriers young people face in each country before deciding where investment could make the greatest difference.

Professor C. Justin Robinson, Pro Vice-Chancellor and Campus Principal of the University of the West Indies, Five Islands Campus, said: “We need to make sure that the next generation will be able to do more than just consume AI products made elsewhere. Access must come with its own agency and a real equitable stake in how these systems are governed. Young people should be equipped to question these new tools, to improve them and to be supported in building alternatives suited to their own needs. Whether that happens, however, will depend on choices made now. This index gives us a clearer view of where those choices are most urgent. We should use it.”

6, Nov 2026
From 13 stores to 37 in 18 months: Aukera, The Solitaire Expert, opens in Anna Nagar, Chennai and Indiranagar, Bengaluru

Aukera, India’s leading lab grown diamond jewellery, expands retail presence with 37 stores across India with its newest launches in Bengaluru’s Indiranagar and Chennai’s Anna Nagar — two key regional markets.

CHENNAI and BANGALORE, India, Nov. 6, 2026 /PRNewswire/ — Aukera, India’s leading lab grown diamond jewellery brand and The Solitaire Expert, today announced the opening of two new stores: its 36th store in India at Anna Nagar, Chennai, the brand’s second in the city, and its 37th at 100 Feet Road, Indiranagar, Bengaluru, its twelfth in its home city. The two openings take Aukera from 13 stores in June 2025 to 37 today, the fastest growth in the brand’s history and among the fastest in India’s lab grown diamond jewellery segment.                                              

Aukera opens its 36th store in India at Anna Nagar, Chennai, and its 37th at 100 Feet Road, Indiranagar, Bengaluru.

In those 18 months Aukera entered Chennai, Pune, Visakhapatnam, Lucknow and Dehradun and grew to eight cities, every store company-owned. The expansion is backed by a US$15 million Series B led by Peak XV Partners in 2025 and ₹90 crore raised in July 2026, led by existing investor Alteria Capital.

The Anna Nagar store, at Alsa Arcade on 2nd Avenue, follows the brand’s entry into Tamil Nadu at Velachery in July. The Indiranagar store brings Aukera to Bengaluru’s best-known high street and gives the city twelve stores to choose from. At the heart of Aukera is a simple belief, to present women with a choice to reject compromise and both stores carry the full range, from solitaire and engagement rings, cocktail rings and bands to earrings, necklaces, bracelets, mangalsutras and pendants, with the signature solitaires on display and a complimentary Diamond Spa and at-home trial from each store.

Speaking on the openings, Lisa Mukhedkar, Co-Founder and CEO, Aukera, said, “A solitaire is chosen with the eyes. Our customers want to see how a diamond performs in light, compare two of the same carat side by side and ask every question before they decide, which is why we open stores where women already shop. Anna Nagar and Indiranagar are two of the most design-conscious neighbourhoods in the South, and we are glad to be part of both.”

Every Aukera diamond carries an IGI report, and the brand’s signature solitaires add a GemEx or GCAL 8X light performance grading, which measures the brilliance, fire and scintillation a diamond returns to the eye. Aukera is the only jewellery brand in India to present GemEx certification and the only lab grown diamond brand in India with GCAL 8X. Its seven trademarked signature solitaires, including The Aukera Orchid™, Extra Brilliant™, Enhanced Hearts & Arrows™ and the Ashtalakshmi Solitaire™, are found nowhere else, and every piece is backed by Buy-Back and Exchange.

Commenting on the milestone, Kumar Saurabh, Co-Founder, Aukera, said, “Thirty-seven stores in three years tells us the modern Indian buyer wants certified quality, distinctive design and complete transparency, and will walk into a store that offers all three. We are growing into a national brand without diluting what sets Aukera apart, and the next phase of growth is already under way.”

About Aukera

Aukera is The Solitaire Expert, a leading brand of precious jewellery crafted with grown diamonds. Aukera means ‘choice’ in Basque, and its purpose is precisely that: to offer women the choice not to compromise, especially on their diamond jewellery. Leading the disruption of India’s precious jewellery segment, Aukera offers diamond jewellery in a unique range of designs, crafted with diamonds of the highest grade, at prices that delight. Every diamond is IGI certified, signature solitaires carry GemEx or GCAL 8X grading, and every piece is backed by Buy-Back and Exchange. Aukera is present across 37 stores in Bengaluru, Hyderabad, Chennai, Delhi NCR, Pune, Visakhapatnam, Lucknow and Dehradun, and online at www.aukerajewellery.com.

For more information, write to contact@aukerajewellery.com

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/from-13-stores-to-37-in-18-months-aukera-the-solitaire-expert-opens-in-anna-nagar-chennai-and-indiranagar-bengaluru-302931375.html

6, Nov 2026
From 13 stores to 37 in 18 months: Aukera, The Solitaire Expert, opens in Anna Nagar, Chennai and Indiranagar, Bengaluru

Aukera, India’s leading lab grown diamond jewellery, expands retail presence with 37 stores across India with its newest launches in Bengaluru’s Indiranagar and Chennai’s Anna Nagar — two key regional markets.

CHENNAI and BANGALORE, India, Nov. 6, 2026 /PRNewswire/ — Aukera, India’s leading lab grown diamond jewellery brand and The Solitaire Expert, today announced the opening of two new stores: its 36th store in India at Anna Nagar, Chennai, the brand’s second in the city, and its 37th at 100 Feet Road, Indiranagar, Bengaluru, its twelfth in its home city. The two openings take Aukera from 13 stores in June 2025 to 37 today, the fastest growth in the brand’s history and among the fastest in India’s lab grown diamond jewellery segment.                                              

Aukera opens its 36th store in India at Anna Nagar, Chennai, and its 37th at 100 Feet Road, Indiranagar, Bengaluru.

In those 18 months Aukera entered Chennai, Pune, Visakhapatnam, Lucknow and Dehradun and grew to eight cities, every store company-owned. The expansion is backed by a US$15 million Series B led by Peak XV Partners in 2025 and ₹90 crore raised in July 2026, led by existing investor Alteria Capital.

The Anna Nagar store, at Alsa Arcade on 2nd Avenue, follows the brand’s entry into Tamil Nadu at Velachery in July. The Indiranagar store brings Aukera to Bengaluru’s best-known high street and gives the city twelve stores to choose from. At the heart of Aukera is a simple belief, to present women with a choice to reject compromise and both stores carry the full range, from solitaire and engagement rings, cocktail rings and bands to earrings, necklaces, bracelets, mangalsutras and pendants, with the signature solitaires on display and a complimentary Diamond Spa and at-home trial from each store.

Speaking on the openings, Lisa Mukhedkar, Co-Founder and CEO, Aukera, said, “A solitaire is chosen with the eyes. Our customers want to see how a diamond performs in light, compare two of the same carat side by side and ask every question before they decide, which is why we open stores where women already shop. Anna Nagar and Indiranagar are two of the most design-conscious neighbourhoods in the South, and we are glad to be part of both.”

Every Aukera diamond carries an IGI report, and the brand’s signature solitaires add a GemEx or GCAL 8X light performance grading, which measures the brilliance, fire and scintillation a diamond returns to the eye. Aukera is the only jewellery brand in India to present GemEx certification and the only lab grown diamond brand in India with GCAL 8X. Its seven trademarked signature solitaires, including The Aukera Orchid™, Extra Brilliant™, Enhanced Hearts & Arrows™ and the Ashtalakshmi Solitaire™, are found nowhere else, and every piece is backed by Buy-Back and Exchange.

Commenting on the milestone, Kumar Saurabh, Co-Founder, Aukera, said, “Thirty-seven stores in three years tells us the modern Indian buyer wants certified quality, distinctive design and complete transparency, and will walk into a store that offers all three. We are growing into a national brand without diluting what sets Aukera apart, and the next phase of growth is already under way.”

About Aukera

Aukera is The Solitaire Expert, a leading brand of precious jewellery crafted with grown diamonds. Aukera means ‘choice’ in Basque, and its purpose is precisely that: to offer women the choice not to compromise, especially on their diamond jewellery. Leading the disruption of India’s precious jewellery segment, Aukera offers diamond jewellery in a unique range of designs, crafted with diamonds of the highest grade, at prices that delight. Every diamond is IGI certified, signature solitaires carry GemEx or GCAL 8X grading, and every piece is backed by Buy-Back and Exchange. Aukera is present across 37 stores in Bengaluru, Hyderabad, Chennai, Delhi NCR, Pune, Visakhapatnam, Lucknow and Dehradun, and online at www.aukerajewellery.com.

For more information, write to contact@aukerajewellery.com

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/from-13-stores-to-37-in-18-months-aukera-the-solitaire-expert-opens-in-anna-nagar-chennai-and-indiranagar-bengaluru-302931375.html