Canara HSBC Life Insurance Reports Healthy H1 FY27 Results: Embedded Value Reaches ₹7,622 Crore, Operating RoEV at 19.8%; Traditional Products Drive VNB Growth

New Business Premium stood at ₹1,984 crore, registering year-on-year growth of 16.1%

Individual weighted premium income (WPI) of ₹1,117 crore, with year-on-year growth of 14.5%

Value of New Business (VNB) stood at ₹266 crore, with year-on-year growth of 24% and new business margin of 21.3%

Protection business grew 44% year-on-year, with share of protection at 10.5%

Credit Life continues strong trajectory, year-on-year growth at 35%

NEW DELHI, Oct. 9, 2026 /PRNewswire/ — The Board of Directors of Canara HSBC Life Insurance Company Limited (BSE: 544583) (NSE: CANHLIFE) approved and adopted the unaudited financial results for the half year ended September 30, 2026.

During H1 FY27, Canara HSBC Life Insurance delivered a resilient performance amid a dynamic operating environment. The Company reported healthy growth in Individual WPI and APE while continuing to strengthen the quality of its business through improved customer penetration, healthy renewal collections, and sustained persistency.

During the period, it further expanded its protection offering through the launch of Promise2Secure, designed to provide flexible financial security solutions for evolving family needs. The Company was also recognized among India’s Best Workplaces for Women 2026 – Top 50 by Great Place To Work® India, reflecting its continued commitment to fostering an inclusive and high-trust workplace.

Performance Highlights (H1 FY27)

• Individual Weighted Premium Income (WPI): ₹1,117 crore; year-on-year (YoY) growth of 14.5%
• New Business Premium Income: ₹1,984 crore; YoY growth of 16.1%
• Total APE: ₹1,250 crore; YoY growth of 14.4%
• VNB: ₹266 crore; YoY growth of 24%; VNB margin of 21.3%
• Total Premium Income: ₹4,742 crore; YoY growth of 17.3%
• Protection APE: ₹131 crore; YoY growth of 44%; share of total APE of 10.5%
• Assets Under Management (AUM): ₹50,200 crore as at September 30, 2026; YoY growth of 14%
• Embedded Value (EV): ₹7,622 crore as at September 30, 2026; operating RoEV of 19.8% on a rolling 12-month basis
• Profit After Tax (PAT): ₹71.2 crore; YoY growth of 10.8%
• Persistency Ratios: 13th month at 85.6%; 61st month at 54.6%
• Solvency Ratio: 180% as at September 30, 2026
• Product Mix (on APE basis): ULIP 41%; Non-Par Savings 24.6%; Par 9.9%; Non-Par Protection 10.5%; Annuity 13.7%

MD & CEO’s Statement

Anuj Mathur, MD & CEO, Canara HSBC Life Insurance, said, “H1 FY27 reflected the resilience of traditional segments’ demand, enabling us to deliver healthy growth while further strengthening the quality of our business. Our protection portfolio continued to gain traction, growing by 44% and accounting for 10.5% of total APE, while strong renewal trends underscored the strength of our customer franchise.

We reported a Value of New Business of ₹266 crore, up 24% year-on-year, with a VNB margin of 21.3%, reflecting our focus on disciplined execution and profitable growth. We also continued to see sustained momentum in credit life and annuity streams, reinforcing our strategy of building a balanced and diversified portfolio aligned to customers’ protection, savings and retirement needs.

We view the proposed regulatory reforms as a positive step towards enhancing transparency, customer outcomes and the long-term sustainability of the insurance sector. As the industry evolves, we remain committed to leveraging our strong distribution franchise and customer-focused approach to create enduring value for customers and stakeholders.”

Financial Metrics

Other Key Ratios

Definitions and abbreviations

• Individual weighted premium income (“WPI”): Individual WPI is defined as sum of individual non single new business premium and 10% of individual single new business premium during the relevant Fiscal/ period.
• Annualized premium equivalent (“APE”): APE is calculated by summing the annualized first-year premiums of regular premium policies and 10% of the single premiums during the relevant Fiscal/ period.
• Renewal business premium: Renewal business premium includes life insurance premiums falling due in the years subsequent to the first year of the policy during the relevant Fiscal / period.
• Total Premium: The total of all premiums received in a year — including first year, single and renewal premiums for both individual and group policies.
• Asset under management (“AUM”): AUM represents the total carrying value of assets managed by the life insurance company as on the date of reporting.
• Persistency ratio: Persistency ratio is defined as the ratio of premium received from policies remaining in force to all policies issued, prior to the date of measurement. It is the percentage of premium pertaining to policies that have not discontinued paying premiums or surrendered.
• Profit after tax: Profit after tax is the total of income less expenses after deducting tax expense for the relevant Fiscal/ period attributable to Shareholders as reported in the annual report/ financial statements for the relevant Fiscal/ period.
• New Business Premium: Insurance premium that is due in the first policy year of a life insurance contract or a single lump sum payment from the policyholder
• Embedded value (“EV”): EV is the sum of the Adjusted Net Worth and present value of future profits from all the policies in-force of a life insurance company as at the date of reporting
• Value of new business (“VNB”): VNB is the present value of expected future earnings from new policies written during a specified period / fiscal and it reflects the additional value to shareholders expected to be generated through the activity of writing new policies during a specified period / fiscal.
• Solvency Ratio: Solvency Ratio means ratio of the amount of available solvency margin to the amount of required solvency margin as specified in form-KT-3 of IRDAI Actuarial Report and Abstracts for Life Insurance Business Regulations and IRDAI Actuarial, Finance and Investment Functions of Insurers Regulations as on the date of reporting
• VNB margin: VNB margin is the ratio of VNB to APE for a specified Fiscal/ period and is a measure of the expected profitability of new business during a specified period
• Expense ratio: Expense ratio includes all expenses in the nature of operating expenses of life insurance business including commission, remuneration/ brokerage, rewards to the insurance agents and intermediaries which are charged to revenue account divided by total premium during the specified time Fiscal/ period.
• Operating return on EV (“Operating RoEV”) Ratio: Operating RoEV Ratio is defined as the annualized ratio of embedded value operating profit (“EVOP”) for any given Fiscal/ period to the EV at the beginning of that Fiscal/ period. For the above purposes, EVOP is defined as measure of the increase in the EV during any given period, excluding the impact on EV due to external factors like changes in economic variables and shareholder-related actions like capital injection or dividend pay-outs.

About Canara HSBC Life Insurance

Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (36.5 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (25.5 per cent). Punjab National Bank is also a shareholder of the Company, holding 13% as an investor. As a bancassurance-led insurance company with its corporate office at Gurugram, Haryana and 107 branch offices as of September 30, 2026, pan India, Canara HSBC Life brings together the trust and market knowledge of public and private banks.

For more than 18 years now, Canara HSBC Life Insurance has sold insurance products to customers through multiple channels and a well-diversified network of Canara Bank, HSBC Bank and its other bancassurance partners located in multiple Tier 1, 2 and 3 cities across the country. Canara HSBC Life Insurance has a vast portfolio of life insurance solutions and offers various products across individual and group spaces comprising of life, term plans, retirement solutions, credit life and employee benefit segments through partner banks and digital channels.

With an aim to provide simpler insurance and faster claim process, Canara HSBC Life Insurance intends to keep the promises of their customers alive with their “Promises Ka Partner” philosophy.

Disclaimer

Except for the historical information contained herein, statements in this release which contain words or phrases such as ‘will’, ‘expected to’, etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. These forward-looking statements involve several risks, uncertainties and other factors that could cause actual results, opportunities and growth potential to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the actual growth in demand for insurance and other financial products and services in the countries that we operate or where a material number of our customers reside, our ability to successfully implement our strategy, including our use of the Internet and other technology, our exploration of merger and acquisition opportunities, our ability to integrate mergers or acquisitions into our operations and manage the risks associated with such acquisitions to achieve our strategic and financial objectives, our growth and expansion in domestic and overseas markets, technological changes, our ability to market new products, the outcome of any legal, tax or regulatory proceedings in India and in other jurisdictions we are or become a party to, the future impact of new accounting standards, our ability to implement our dividend policy, the impact of changes in insurance regulations and other regulatory changes in India and other jurisdictions on us. Canara HSBC Life Insurance Company Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. This release does not constitute an offer of securities.

For further press queries email us on prateek.sharma@canarahsbclife.in 

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GAC Goes Deeper in Europe — the “New Chapter” to Be Unveiled at the 2026 Paris Motor Show

PARIS, Oct. 9, 2026 /PRNewswire/ — The 91st Paris Motor Show will be held from October 12 to 18 at the Paris Expo Porte de Versailles, France. At this year’s show, GAC will be at Hall 5.1 with its new brand, new products and new services, systematically presenting cutting-edge technologies such as its energy ecosystem and smart green mobility. The star models of its three portfolios — HYPTEC, GAC Motor and AION — will also be on full display, together presenting GAC’s “New Chapter” of deeper roots in Europe across the full value chain, and accelerating its strategic expansion in the European market.

Based on deep insight into the European market, the all-new AION UT Cross — a crossover tailor-made for European mobility needs — will make its debut at the Paris Motor Show. In addition to the new car, GAC will also unveil its in-depth localization strategy for Europe and officially launch its global service brand, responding comprehensively to European market needs from products to services.

On the day, Bosch, ZF, Michelin, Valeo and other world-class partners that have worked with GAC for many years will visit the GAC booth, working together to build a localized supply chain in Europe. At the same time, GAC’s dealer partners from across its European network will also be present, offering on-site visitors expert product guidance and attentive advice.

In addition, GAC will hold the “GAC × Chelsea global partnership signing ceremony,” officially announcing a strategic partnership with Chelsea Football Club. GAC will use football as a bridge to craft brand experiences tailored to the local market and foster a closer emotional connection with European customers.

In Europe, GAC does not simply export products — it truly integrates locally and creates value for local customers. GAC has always been practicing “in Europe, for Europe,” truly putting down roots in Europe and serving Europe.

On October 12, we warmly invite you to join us in Hall 5.1 at the 2026 Paris Motor Show to witness GAC’s “New Chapter” of deeper roots in Europe.

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social media.

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HackerOne Report Highlights Challenges of ‘Exposure Debt’: NYSE Content Update

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Oct. 9, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Ashley Mastronardi delivers the pre-market update on October 9th

• HackerOne released its 10^th annual Security Research Report this week.
  • The report found that the backlog of validated, unresolved vulnerabilities grew by 131% in two years.
  • ‘Exposure Debt’ is at the focus of the report, which HackerOne defines as the growing gap between what organizations find and what they can fix.
  • CEO Kara Sprague will join NYSE Live to dive deeper into the findings and discuss the impact of AI across cybersecurity.
• Zeta Global held its Zeta Live ’26 event in New York City on Thursday.
  • Zeta Global (NYSE: ZETA) announced that it teamed up with Fireworks to develop the Athena Inference Model.
  • CEO David Steinberg spoke to the heightened enthusiasm for Zeta Global’s work and the evolution of Athena in an interview that will air on NYSE Live.
• The major averages will look to bounce back as investors monitor the AI trade.
  • A revenue report from OpenAI impacted market activity on Thursday.
  • Elevated Treasury yields and oil prices continue to drive economic sentiment.

Opening Bell

FDNY rings the Opening Bell to mark Fire Prevention Week

Closing Bell

NorthStar Earth & Space (NYSE American: NSTR) marks a new chapter in its mission

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App and check out the NYSE YouTube: TV.NYSE.com and YouTube.com/@NYSEofficial

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KONE Inaugurates India’s First Digital Experience Centre in Pune to Advance Digital Innovation

New Centre showcases how AI, connectivity, data and digital solutions are transforming customer experiences and enabling smarter, more connected buildings

PUNE, India, Oct. 9, 2026 /PRNewswire/ — KONE, a global leader in the elevator and escalator industry, today inaugurated India’s first KONE Digital Experience Centre (DEC) in Pune, marking an important milestone in its digital transformation journey and commitment to creating exceptional customer experiences through technology, data and innovation. The Centre was jointly inaugurated by Jussi Herlin, Executive Vice Chair, KONE; Philippe Delorme, President and CEO, KONE along with Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.

The KONE Digital Experience Centre is an immersive customer environment where customers can see, experience and engage with digital capabilities shaping the future of People Flow™ and smart buildings. It brings together KONE’s business, technology and engineering expertise to demonstrate how digitalization, connectivity, AI and data-driven insights can create value across the building lifecycle.

Built around the customer journey, the Centre brings together interactive experiences spanning design and configuration, product experiences and digital interfaces, customer lifecycle visibility and real-time service insights. Customers can explore how digital technologies can support better decision-making, more transparency and proactive service management across different stages of a building’s lifecycle.

At the heart of the experience, KONE Studio enables customers to explore and configure elevator solutions digitally, while MyKONE provides visibility across projects, equipment and services throughout the customer lifecycle. E-Link offers real-time visibility into equipment status and operations, supporting proactive management, and a customer centric Service Dashboard brings together key service and operational insights to give customers a consolidated view of equipment performance. Together, these experiences demonstrate how digital solutions can create a more connected and responsive customer experience, from design to decision-making.

Philippe Delorme, President and CEO, KONE Corporation, said:

“It is great to see the Digital Experience Centre come to life in India. Being the first of its kind in the elevator and escalator industry in the country, the Centre gives our customers an opportunity to experience how digitalization, connectivity and AI are shaping the future of People Flow. India is an important market for KONE, and this Centre brings innovation closer to our customers.”

Amit Gossain, Managing Director, KONE India, said:

“Today’s inauguration of KONE’s Digital Experience Centre in India marks an important milestone in our digital transformation journey and our commitment to creating exceptional customer experiences through technology, data and innovation. The Centre gives customers a first-hand view of how digital technologies can create value across the building lifecycle. We are very pleased to have Jussi Herlin, Philippe Delorme and Nandan Nilekani with us today as we mark this important milestone for KONE. As buildings become increasingly connected, we are focused on using data, AI and digital innovation to make them more responsive, efficient and sustainable.”

The Digital Experience Centre brings KONE’s digital vision to life, giving customers a first-hand view of how technology, data and AI are shaping the future of connected buildings and People Flow™.

About KONE

At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow™. In 2025, KONE had annual sales of EUR 11.2 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com

About KONE India

KONE has been present in India since 1984 and today serves customers across the country through 50⁺ branches and 6000⁺ employees. Headquartered in Chennai, KONE India provides sustainable People Flow™ solutions for India’s rapidly growing cities. Its manufacturing unit in Sriperumbudur produces elevators for India and neighboring markets, while its training centres and global technology and engineering centres in Chennai and Pune support high-quality, safe and innovative solutions.

For more information, please visit www.kone.in.

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Chandigarh University Hosts National Incubator & Capital Summit and ISBACON 2026, Bringing 400 Incubators, 80 Investors & 100 Startups Together to Strengthen India’s Startup Ecosystem

Chandigarh University Launches C-Hub – Incubator of Incubators as National Consortium to Take Indian Startups from Ideas to Market

CHANDIGARH, India, Oct. 9, 2026 /PRNewswire/ — Aimed at strengthening access to early-stage investment for startups by connecting India’s incubation institutions with investors, industry and policymakers, Chandigarh University brought together more than 400 incubator institutions from more than 20 States and Union Territories, over 100 startups, 80 investors and more than 60 government, policy and industry delegates on a single platform at Incubator & Capital Summit 2026 and ISBACON 2026.

Hosted by Chandigarh University Technology Business Incubator (CU-TBI) in collaboration with the Indian Science and Technology Entrepreneurs Parks and Business Incubators’ Association (ISBA), the four-day mega summit brought together incubators, founders, investors, policymakers, industry leaders and academic institutions to expand collaboration around investment, co-incubation, research and industry partnerships, while connecting startups with mentors, capital, technology and market opportunities and enabling incubators to share cohorts, expertise and infrastructure for wider startup growth across India.

To create a national platform for scaling startup innovation across India, Chandigarh University launched the Central Innovation & Incubation Hub (C-Hub) as an ‘Incubator of Incubators’ Consortium, inaugurated by Gaurav Gautam, Minister of State, Youth Empowerment & Entrepreneurship, Sports, Law & Legislative, Haryana along with Member of Parliament (Rajya Sabha) and Chancellor Chandigarh University Satnam Singh Sandhu. The Hub will connect incubators and startup support institutions to facilitate shared cohorts, mentors, infrastructure and investor partnerships, while enabling startups to access wider incubation support, early-stage capital, industry connections and market opportunities across India.

Among the prominent personalities who participated in the summit were Rikant Pitte, Founder & CEO EaseMyTrip, Yoav Fekete, Innovation Attaché at Embassy of Israel, Prasad Menon, President, ISBA CEO, Centre for Incubation and Business Acceleration (CIBA), Raghavendra, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Shashank Randev, Founder, 247VC among others.

Speaking on the occasion, Gaurav Gautam, Minister of State, Youth Empowerment & Entrepreneurship, Sports, Law & Legislative, Haryana, said, “Indian youth have the responsibility of realizing Prime Minister Narendra Modi’s vision of a ‘Viksit Bharat 2047’ and make the nation lead the world across every sector, from startups and digital technology to incubators and new unicorns. India’s youth should not fear failure and keep striving to move forward. One day, your startup idea will serve the nation, benefit India and bring success. India’s youth should dream big as the nation is fully prepared today to give wings to their ideas.”

“Thanks to the talent of India’s youth and Prime Minister Narendra Modi’s vision of providing them with new platforms, things have changed in the country after 2014. India is now creating its own technology and we are moving beyond merely importing goods to excelling across every sector. Before 2014, we hardly ever heard terms like ‘Digital India’ or ‘startups’, mobile penetration was minimal and more than half of this country’s population was previously unconnected to the formal economy. Now though DBT (Direct Benefit Transfer) funds reach the accounts of people living in areas without internet access and UPI is being used by the common man. All this transformation is driven by India’s youth who are envisioning how to advance technology, champion new ideas and scale up startups. They are figuring out how to collaborate with incubators and engage with new investors, this is the spirit of India’s youth,” the minister added.

Member of Parliament and Chandigarh University Chancellor Satnam Singh Sandhu, said, “The vision and resolve of Prime Minister Narendra Modi for a ‘Viksit Bharat’ is coming true. India’s startup ecosystem and entrepreneurs will play the most significant part in transforming our country into a developed nation by 2047. India’s growing startup ecosystem, with around 2.25 lakh startups and over 125 unicorns, reflects the country’s entrepreneurial potential. However, the focus must now shift from increasing numbers to ensuring the quality, sustainability and global competitiveness of startups. Profitability is essential for the long-term sustainability of any venture. At the same time, strong leadership skills are equally important for both entrepreneurs and professionals to drive innovation and growth. Indian startups must focus on developing quality products and solutions that can compete globally and contribute meaningfully to the nation’s journey towards becoming a developed country by 2047.”

Yoav Fekete, Innovation Attaché at Embassy of Israel, said, “As Punjab’s agricultural strengths provide foundation for creation of valuable new material, bio-based eco-responsible packaging can be made from agricultural residue. It can not only add income for farmers but also provide an alternative to single-use plastics packaging. Our long-standing agricultural cooperation offers the foundation for an Indian-Israeli partnership to develop new opportunities after the harvest. Indian and Israeli researchers, entrepreneurs, and industrial partners should come together to co-develop such technology for locally available agricultural residues in North India and creating packaging for Indian businesses. This is an environmental and business opportunity. A reliable market for agricultural residue can create additional source of income for farmers and opportunities for local enterprises.”

“The world is standing at the crossroads today where AI can deepen the divide between the poor and the rich and those who own the tools and those who are only bound for them. But AI is also providing extraordinary possibilities in health, agriculture, education, manufacturing, and in how we care for our planet. Researchers have the responsibility of choosing what to build, founders need to choose what to sell, and investors choosing what to fund,” he added.

Prasad Menon, President, ISBA, said, “It’s early days for incubator movement in India. But given the diversity of India, it’s not just about numbers of incubators in the country, but it’s also about whether we have managed to reach and penetrate incubators across different states of India across different regions. I’m very proud to say that ISBA represents incubators from all across India and we attempt to ensure that all the voices, whether it is big or small, are heard. With all the development that India has seen over the years, startups can’t have a growth unless the ecosystem also grows. The number of incubators in India may not have grown proportionally with startup ecosystem, but incubators play major role in putting the startups in the front. When it comes to incubation, there’s nothing like one size fits all and diversity of our country needs diversity of incubator ecosystem.”

The summit brought together technology business incubators, Atal Incubation Centres, university innovation heads, IPR leaders, startup support institutions, investors, policymakers and corporate representatives from across the country. The summit was designed to facilitate collaboration between institutions that support startups at different stages, enable founders to access early-stage capital, create opportunities for co-incubation and corporate partnerships and develop stronger national innovation networks beyond the major startup centres.

The C-HUB is designed to bring niche incubators and venture-support activities together through shared programmes, investor relations, partnerships and a common technology and data platform. Alongside C-Hub, the University announced a co-incubation framework under which partner incubators can work with CU-TBI through shared cohorts, mentors and infrastructure. Joint cohorts with venture capital firms were also announced, creating a structured channel through which participating funds can engage with CU-incubated ventures.

Chandigarh University also signed MoUs with 100 leading incubators across India to establish joint cohorts and co-incubation programmes, enabling greater collaboration, shared expertise and resources to support startup growth and scale ventures nationwide.

The summit featured focused discussions on entrepreneurship, networked incubation, deep-tech and startup financing. Rikant Pittie, Co-founder, EaseMyTrip, shared his journey from bootstrapping to public markets, while Raghavendra, Joint Secretary, DPIIT; Dr. Basant Garg, IAS, Administrative Secretary, Industries & Commerce and IT, Government of Punjab; Atul Kumar, Director, Data Security Council of India and P. J. Singh, CMD, Tynor Orthotics and Vice President, CII, discussed how policy, industry and regional hubs can strengthen startup outcomes. Dr. Panneerselvam Madanagopal, CEO, MeitY Startup Hub; Dr. K. Suresh Kumar, Executive Director, PSG-STEP and Dr. Praveen Roy, Scientist ‘G’ and Head, TTI Division, DST, explored deep-tech capabilities for incubators, while Dr. Dhananjay K. Tiwary, Managing Director, BIRAC; Jai Shah, Principal Investment Officer, NEEV Fund, SBI Ventures and Vipul Patel, Partner – Seed Investing, IIMA Ventures, discussed stronger financing pathways for startups and incubators. The Microsoft UNNATI AI 2.0 Roadshow brought together representatives from Microsoft, FITT-IIT Delhi, iHub, India Accelerator and TiE Delhi for discussions around AI and the startup ecosystem. The summit’s four-day programme further includes the Startup Expo, incubator exchange, masterclasses, policy roundtables, investor meetings, Demo Day and industry engagement, providing multiple opportunities for startups and incubation institutions to move from introductions to concrete collaborations.

Chandigarh University Maps 51 National Centres of Excellence for Collaboration

CU-TBI has mapped 51 Centres of Excellence across India as potential collaborators, comprising 35 academic, 14 government, one industry-academia and one non-profit research institute. Hosted at institutions including IISc, IITs, IIM Ahmedabad, STPI, NIELIT, ICMR and CSIR, these centres span quantum technology, AI, robotics, chip design, healthcare, materials, defence and financial markets, opening avenues for research, technology collaboration and stronger support for innovation-driven startups.

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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MEXC and Payward Highlight Collaboration as Crypto and TradFi Converge at TOKEN2049

MUTSAMUDU, Comoros, Oct. 9, 2026 /PRNewswire/ — MEXC,a pioneer in 0-fee digital asset trading, and Payward, the parent company of Kraken, shared their perspectives on the convergence of crypto and traditional finance during a TOKEN2049 Singapore panel. MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi, discussed how broader market access, retail demand and collaboration between platforms could shape the future of global trading.

Crypto and TradFi Move Closer Together

An important theme was the shift toward more connected, always-on markets. Vugar said blockchain infrastructure is challenging traditional market structures built around fixed trading hours, while users increasingly expect access to different asset classes through a more seamless experience.

“Over the next five years, we’ll see a convergence toward a singular platform where asset classes and investments can move quickly and smoothly,” said Vugar. “Retail will be the main driver.”

Arjun highlighted the infrastructure challenge behind this shift, noting that 24/7 trading is ultimately about bringing assets and collateral into a more connected financial environment.

“24/7 trading really means: how do you bring all that collateral into one place?” said Arjun.

Collaboration Over Competition

Both speakers also highlighted collaboration as an important part of scaling the next generation of global trading platforms.

Arjun noted that serving a much larger global user base will require platforms to work with partners that bring different strengths in their respective markets, explicitly pointing to MEXC as one such example.

“The only way to do that is to partner with folks, including MEXC, to be able to help succeed in their core markets,” said Arjun.

Vugar similarly emphasized that exchanges can increasingly build on one another’s strengths rather than approach every opportunity purely through competition. MEXC brings a retail-first approach, deep liquidity and broad experience in perpetual markets across crypto and TradFi assets, while Payward brings global financial infrastructure, professional trading capabilities and strong market experience in the United States.

The discussion built on the two companies’ earlier indication that they are exploring broader collaboration, with both executives pointing to infrastructure, market access and distribution as areas where greater connectivity between platforms could create value.

Trust and access were also highlighted as essential foundations for this evolution. Vugar described trust and access as two of the most important elements in building future financial platforms, while Arjun emphasized the importance of transparency as the industry becomes more connected.

The panel pointed to a future in which crypto and TradFi become increasingly connected, with collaboration between platforms helping bring together market access, infrastructure and user reach to serve a broader global audience.

About MEXC

Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.

With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.

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CFMOTO 675SR-R to Become Official Motorcycle for 2027 WorldWCR

HANGZHOU, China, Oct. 9, 2026 /PRNewswire/ — The 675SR-R, CFMOTO’s high-performance three-cylinder sportbike, has reached an agreement with the Fédération Internationale de Motocyclisme – FIM and Dorna WSBK Organization – DWO, to become the official motorcycle for the FIM Women’s Circuit Racing World Championship (WorldWCR) from the 2027 season. This marks the first time a Chinese motorcycle manufacturer has been appointed as the designated supplier for an FIM World Championship-level one-make series.

Established in 2024, WorldWCR is the first world-level road racing championship created exclusively for female riders. As a one-make series, all riders compete on identical motorcycles, testing rider skill while providing a validation of motorcycle performance. WorldWCR is one of four series under the WorldSBK umbrella, alongside SPB (Sportbike), SSP (Supersport) and SBK (Superbike).

Proven Performance Lays the Racing Foundation

The production 675SR-R is powered by CFMOTO’s in-house-developed 675cc liquid-cooled three-cylinder engine, producing peak power of 70 kW (95 hp) at 11,000 rpm and peak torque of 70 N•m at 8,250 rpm, providing a solid foundation for racing evolution.

In the British Superbike Championship (BSB), the 675SR-R has been tested in competition over two seasons. It claimed a podium in its first season, becoming the first Chinese-built production motorcycle to finish on a BSB podium.

The 675SR-R’s racing DNA also comes from joint development by CFMOTO and the Aspar team, CFMOTO’s technical partner in Moto2 and Moto3. During development, Aspar riders and its technical team were deeply involved in testing, directly benefiting the production model’s track performance.

From winning the Moto3 manufacturers’ world championship to now becoming the one-make model for WorldWCR, CFMOTO is using its track performance to reshape the global market’s perception of China’s motorcycle industry.

Outlook: A New Global Phase for CFMOTO

The 2027 WorldWCR season will mark the 675SR-R’s first large-scale competitive appearance in the world’s premier women’s motorcycle racing championship. CFMOTO will provide a comprehensive technical support system, including race bike preparation, parts supply and an on-site technical team.

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Tejas Networks and Qualcomm jointly demonstrate 6G Integrated Sensing and Communications (ISAC) technology at India Mobile Congress 2026

BENGALURU, India, Oct. 9, 2026 /PRNewswire/ — Tejas Networks (BSE: 540595) (NSE: TEJASNET) in collaboration with Qualcomm Technologies is demonstrating Integrated Sensing and Communication (ISAC) at the India Mobile Congress (IMC) 2026.

As the industry looks beyond 5G and towards 6G, new technological frontiers are being explored to transform communication networks into intelligent digital infrastructure. Integrated Sensing and Communication (ISAC) is one such foundational technology, enabling next-generation wireless networks to function as pervasive radar systems for enhanced situational awareness. The joint demonstration highlights how ISAC can leverage communication signals to detect and track objects in the surrounding environment, such as moving vehicles on city roads and drones in strategic areas, without requiring dedicated sensing infrastructure. By combining connectivity, sensing, and AI-driven analytics, ISAC has the potential to create more adaptive, context-aware, and efficient digital infrastructure.

The demonstration brings together Tejas Networks’ 5G base station and Qualcomm Technologies’ Radio Unit (RU) and Distributed Unit (DU) chipsets, supported by low-power compute and AI inference capabilities. By enabling connectivity and sensing on a common infrastructure foundation, it illustrates how existing 5G networks can evolve to support applications such as drone and vehicle tracking, traffic management and critical-infrastructure monitoring. It also provides a tangible step towards the AI-native architecture envisioned for 6G.

Dr. Kumar N. Sivarajan, Chief Technology Officer of Tejas Networks, said, “ISAC is emerging as one of the most promising technology directions for future 6G networks. By integrating communication and environmental sensing within the same network infrastructure, ISAC unlocks transformative applications across transportation, public safety, industrial automation, smart cities, and defence. This ability to generate and monetize spatial intelligence also enables a significant new value proposition for mobile operators, extending their role beyond high-speed connectivity to providing real-time environmental insights for commercial and strategic use cases.”

“Strong industry partnerships are essential to translating the vision for 6G into practical capabilities. Our collaboration with Tejas Networks demonstrates wide-area sensing on live 5G infrastructure, showing how wireless networks can extend beyond connectivity to deliver real-time intelligence about their surroundings. For Qualcomm, this marks an important step in India’s journey towards 6G, laying the foundation for sensing-based services that can create new value for operators and support more informed decision-making across industries,” said Rajen Vagadia, President, Qualcomm India.

The joint showcase highlights an evolution in the role of wireless networks, from connecting people and devices to understanding the environments around them. As the industry advances towards 6G, ISAC offers a path to build on existing network infrastructure, creating new opportunities for operators to deliver sensing-based services and for industries to make more informed, real-time decisions.

About Tejas Networks Limited

Tejas Networks Ltd. designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder.

For more information, visit Tejas Networks Ltd. at http://www.tejasnetworks.com 

About Qualcomm 

Qualcomm is a global computing leader at the center of the AI era, enabling intelligence to scale from the most personal devices to large‑scale infrastructure. Building on more than four decades of innovation, we develop platforms and solutions that bring together advanced AI, high‑performance, low-power computing and industry‑leading connectivity — powering products and services used around the world. At Qualcomm, we are engineering human progress. 

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. Qualcomm, Snapdragon, Qualcomm Dragonwing and Qualcomm Dragonfly are trademarks or registered trademarks of Qualcomm Incorporated.

SAFE HARBOUR

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncertainties associated with our expectations with respect to, but not limited to, our ability to successfully implement our strategy and our growth and expansion plans, technological changes, our exposure to market risks, general economic and political conditions in India which have an impact on our business activities or investments, changes in the laws and regulations that apply to the industry in which the Company operates. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company.

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Charmacy Milano Celebrates 6th Birthday With Carnival Sale and Rs 1.8 Lakh Creator Hunt

Charmacy Milano Carnival Sale Begins October 12: Unlock Flat 20% OFF, 10% Cashback, and 9 Days of Daily Arcade Rewards

Mumbai-based vegan, cruelty-free beauty brand hosts a 9-day festive event on charmacyworld.com from October 12-20.

MUMBAI, India, Oct. 9, 2026 /PRNewswire/ — Mumbai-based vegan and cruelty-free colour cosmetics brand Charmacy Milano will mark its sixth birthday on October 18 by launching the Charmacy Carnival, a nine-day festive event running from October 12 to 20 on charmacyworld.com. The celebration will feature Flat 20% OFF, 10% Cashback, daily arcade rewards and a Rs 1.8 lakh creator hunt, along with a live makeup masterclass series.

“Charmacy started with a simple idea and a team of three working from home. Six years on, we are on India’s leading beauty platforms and in 69+ stores, and we wanted our community to celebrate with us. The Carnival is our thank-you, with strong savings, daily rewards and a chance for creators to win big,” said Sanket Kothari, Co-Founder & CEO and Amit Maker, Co-Founder & CMO, Charmacy Milano.

Charmacy Creator Hunt Offers Rs 1.8 Lakh in Products

As part of the birthday celebration, Charmacy Milano is inviting shoppers to participate in the Charmacy Creator Hunt. Participants who purchase products worth Rs 1,499 or more can create one reel featuring a Charmacy product in any format.

Three winners will receive Charmacy products worth Rs 1 lakh, Rs 50,000 and Rs 30,000, respectively. The initiative gives customers an opportunity to create beauty content while participating in the brand’s sixth-birthday celebration.

Live Makeup Masterclasses to Focus on Wedding and Festive Looks

The Carnival will also feature live makeup masterclasses hosted by four Well Known Makeup Artists, with sessions covering wedding, Navratri-inspired & Karva Chauth looks. The sessions will offer viewers practical makeup inspiration for the festive and wedding season.

Daily Arcade Rewards Add an Interactive Element

The Daily Arcade Rewards will give shoppers an additional way to participate throughout the nine-day Carnival. Customers can take part in the daily arcade activity during the campaign period for a chance to unlock rewards, adding an interactive element to the birthday celebration beyond the sale offers.

Our Hero Products Featured During the Carnival

The Carnival will spotlight selected Charmacy Milano products across complexion, eyes and lips, including the CMC Hydrating Primer, CMC Skin Tint, CMC Quad Pallete, CMC Foundation, and CMC Kiss Drip.

The selection reflects the brand’s focus on trend-led colour cosmetics designed for everyday wear as well as festive and occasion-led makeup.

Event Details

Event: Charmacy Carnival

Occasion: Charmacy Milano’s 6th Birthday

Dates: October 12-20, 2026

Duration: 9 days

Website:charmacyworld.com

Offer: Flat 20% OFF + 10% Cashback

Special Features: Charmacy Creator Hunt, Live Makeup Masterclasses and Daily Arcade Rewards

About Charmacy Milano

Charmacy Milano is a Mumbai-based vegan and cruelty-free colour cosmetics brand that makes trend-led, high-performance makeup accessible to Indian consumers. Charmacy Milano is available on charmacyworld.com, Nykaa, Amazon, Flipkart, Myntra, Tira, Purplle and Zepto, and in 69+ offline stores across India.

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