3, Nov 2026
AVer’s AI-Powered Solutions for Healthcare and Pro AV Win at the Taiwan Excellence Awards 2027
Taipei, Taiwan – Nov 03: AVer Information Inc., an award-winning provider of AI audio-video solutions, proudly announces that two AVer submissions were recognized at the Taiwan Excellence Awards 2027. The winning entries are the Medical Grade PTZ Camera MD331UI and the AI Video + Voice Tracking Solution, comprising the TR322 and MT500. Spanning healthcare and professional AV, these solutions reflect AVer’s ongoing focus on AI-driven design for seamless telehealth, hybrid learning, and hybrid events.
“We are honored to receive the Taiwan Excellence Award once again,” says David Kuo, President of AVer. “We believe meaningful innovation starts with understanding what users need for an optimized user experience. Whether caregivers are monitoring patients remotely or presenters are speaking to in-person and online audiences, our AI audio-video solutions fit naturally into their workflow, so they can focus on what matters. This recognition reflects the strength of AVer’s design and engineering in Taiwan, and we will continue to bring Taiwan’s innovation and technological excellence to the global stage.”
The MD331UI is an IR-enabled medical-grade PTZ camera built to optimize virtual rounding and patient care. Its AI features include patient fall and bed-exit detection, facial and eye tracking, and mosaic privacy masking, while AI noise suppression ensures clear 2-way communication between doctor and patient, even in complex medical environments.
The AI Video + Voice Tracking Solution pairs the TR322 dual lens auto tracking camera with the MT500 to deliver automated, professional grade video for lecture halls, multipurpose rooms, and training facilities, purpose-built for divisible and combined room setups.
The Taiwan Excellence Award, widely known as the “Oscars of Taiwan Industries,” received thousands of product entries this year. Over the course of three months, more than a hundred international industry experts carried out rigorous evaluations, assessing each product’s R&D, Design, Quality, and Marketing to identify outstanding Taiwan-made products with innovative value and global competitiveness. AVer’s success with two winning entries reflects its long-term commitment to pioneering research and development and to driving industry growth through creativity.
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- By Neel Achary
3, Nov 2026
Odisha Attracts Rs 1.17 Lakh Crore Renewable Energy Investments Through 18 MoUs
New Delhi, Nov 3 (UDN): Odisha has taken a major stride towards strengthening its clean energy sector by signing 18 Memoranda of Understanding (MoUs) involving proposed investments of approximately Rs 1.17 lakh crore. The projects are expected to add 11,742 MW of renewable energy capacity, reinforcing the State’s ambition to emerge as a leading destination for clean energy investments.
Pic Credit: x.com/CMO_Odisha
The MoUs were exchanged at the Bharat Renewable Energy Summit & Expo 2026 in New Delhi on Tuesday in the presence of Chief Minister Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo.
The two leaders also jointly inaugurated the Odisha Pavilion and the Netherlands Pavilion at the summit, highlighting the State’s growing engagement with national and international stakeholders in the renewable energy sector.
Several senior government officials attended the event, including Development Commissioner-cum-Additional Chief Secretary Deoranjan Kumar Singh, Home Department Additional Chief Secretary Hemant Sharma and Finance Department Principal Secretary Sanjeeb Kumar Mishra.
Investments Across Emerging Clean Energy Segments
The proposed investments cover a wide range of renewable and emerging energy technologies, reflecting Odisha’s efforts to diversify its energy portfolio.
The projects include pumped storage hydropower, solar and wind energy, hybrid renewable energy systems, battery energy storage, green hydrogen and green data centres.
According to the Chief Minister’s Office, the proposed projects are expected to strengthen the State’s renewable energy ecosystem, expand clean power generation capacity and create fresh opportunities across the energy value chain.
Odisha Showcases Investment Potential
At the summit, the Odisha Pavilion showcased the State’s renewable energy potential, strategic advantages and investment opportunities across different segments of the clean energy industry.
The pavilion is aimed at attracting domestic and international investors by highlighting Odisha’s preparedness to facilitate large-scale renewable energy projects and support the expansion of sustainable infrastructure.
The participation of senior State government representatives also reflects the administration’s efforts to engage with investors and industry leaders to translate investment proposals into ground-level projects.
Major Push Towards Green Energy Transition
The signing of the 18 MoUs marks a significant development in Odisha’s efforts to strengthen its position in India’s evolving clean energy landscape.
The proposed capacity addition of 11,742 MW is expected to contribute to the State’s long-term renewable energy goals while supporting India’s broader transition towards cleaner and more sustainable sources of power.
With substantial proposed investments spanning conventional renewable sources as well as emerging technologies such as green hydrogen and battery storage, Odisha is seeking to build a diversified clean energy ecosystem capable of supporting future industrial growth and sustainable development.
3, Nov 2026
Diversifying Overseas Production: A Strategic Path to Global Business Resilience
In an increasingly interconnected yet unpredictable global economy, businesses are rethinking how and where they manufacture their products. For decades, companies relied on concentrated production networks to achieve economies of scale, reduce costs and streamline operations. However, geopolitical tensions, trade restrictions, supply chain disruptions and rising operating expenses have exposed the risks associated with depending on a single manufacturing location.
Diversifying overseas production has emerged as a strategic priority for businesses seeking greater flexibility, operational resilience and long-term competitiveness. By distributing manufacturing activities across multiple countries, companies can reduce exposure to regional disruptions while accessing new markets, talent pools and industrial capabilities.
The shift is not simply about moving factories from one country to another. It represents a broader transformation in how global businesses manage production, investment and supply chain risk.
Why Businesses Are Rethinking Global Production
The traditional approach to international manufacturing focused heavily on cost efficiency. Companies established production facilities in countries offering competitive labour costs, favourable tax policies and access to established industrial ecosystems.
While this model delivered substantial benefits, recent developments have highlighted its vulnerabilities.
Trade disputes, tariffs, export controls and changing regulatory requirements can significantly affect manufacturing costs. Natural disasters, transportation bottlenecks and public health emergencies can interrupt production and delay deliveries. When a company depends heavily on one country or region, a disruption can affect its entire global operation.
Businesses are therefore adopting a more diversified production strategy that balances cost efficiency with operational security.
Rather than relying exclusively on a single manufacturing hub, companies are exploring alternative locations across Asia, Europe, North America, the Middle East and other emerging industrial markets.
This approach allows businesses to create a more flexible manufacturing network capable of responding to changing economic and geopolitical conditions.
The Rise of the China Plus One Strategy
One of the most prominent developments in global manufacturing is the China Plus One strategy.
For many years, China served as a major manufacturing centre because of its extensive supplier networks, advanced infrastructure, skilled workforce and large industrial ecosystem. However, increasing trade tensions, rising labour costs and concerns about supply chain concentration have encouraged companies to establish additional production facilities outside China.
Under the China Plus One approach, businesses maintain their existing Chinese operations while developing manufacturing capabilities in at least one additional country.
Countries such as India, Vietnam, Thailand, Indonesia and Malaysia have attracted growing attention as alternative production destinations.
India, in particular, has been positioning itself as a major manufacturing destination through infrastructure development, industrial investment incentives and initiatives aimed at strengthening domestic production capabilities.
The strategy does not necessarily mean abandoning established manufacturing locations. Instead, it enables businesses to maintain existing advantages while reducing their dependence on a single source of production.
Key Benefits of Diversifying Overseas Production
1. Improved Supply Chain Resilience
The primary advantage of production diversification is risk reduction.
When manufacturing operations are spread across multiple countries, businesses can shift production between facilities when one location experiences disruptions. This flexibility can help maintain product availability, protect customer relationships and reduce revenue losses.
A diversified manufacturing network also provides alternative sourcing options for critical components and raw materials.
2. Access to New Markets
Establishing production facilities in foreign markets can help businesses improve their access to regional customers.
Local manufacturing may reduce transportation costs, shorten delivery timelines and improve responsiveness to customer demand. It can also help companies navigate certain local market requirements and strengthen relationships with distributors and business partners.
For multinational businesses, overseas production can therefore serve both as a supply chain strategy and as a market expansion opportunity.
3. Greater Cost Competitiveness
Manufacturing costs vary considerably between countries.
Labour expenses, energy prices, logistics infrastructure, taxation, industrial incentives and currency movements can influence the overall cost of production.
By evaluating multiple locations, businesses can identify opportunities to improve their cost structures.
However, companies must consider the total cost of ownership rather than focusing exclusively on wages. Shipping, customs duties, regulatory compliance, supplier development, infrastructure and inventory costs can significantly influence the final economics of an overseas manufacturing operation.
4. Access to Skilled Talent and Technology
Different countries offer specialised industrial capabilities and technical expertise.
Some manufacturing hubs are known for electronics, semiconductor components and precision engineering, while others specialise in automotive production, textiles, pharmaceuticals or industrial machinery.
Diversification enables companies to access these specialised capabilities and build stronger relationships with regional suppliers, research institutions and technology partners.
5. Greater Flexibility in Trade and Tariff Management
International trade policies can change rapidly.
A manufacturing footprint distributed across multiple countries may provide businesses with greater flexibility when responding to tariff changes, trade agreements and regulatory developments.
However, companies must ensure that their production arrangements comply with applicable rules of origin, customs requirements and trade regulations. Simply relocating final assembly does not necessarily qualify a product for preferential tariff treatment.
Choosing the Right Overseas Manufacturing Destination
Selecting a suitable manufacturing destination requires a comprehensive assessment of business requirements.
The lowest-cost location may not always be the most commercially attractive option.
Companies should evaluate several important factors before committing to a new production market.
|
Factor |
Strategic consideration |
|---|---|
|
Labour and operating costs |
Assess wages, productivity, energy and infrastructure expenses. |
|
Supplier ecosystem |
Evaluate the availability of reliable local suppliers and components. |
|
Logistics |
Examine ports, roads, airports and access to international markets. |
|
Political and regulatory stability |
Understand investment regulations, trade policies and compliance obligations. |
|
Workforce capabilities |
Assess technical skills, training requirements and talent availability. |
|
Market access |
Evaluate proximity to customers and regional trade agreements. |
|
Infrastructure |
Review power reliability, industrial facilities and digital connectivity. |
A successful location strategy should align manufacturing decisions with the company’s broader business objectives, including growth, profitability, customer service and risk management.
The Challenges of Overseas Production Diversification
Although diversification offers significant advantages, implementing it can be complex.
Establishing a manufacturing facility in a new country requires substantial investment in infrastructure, equipment, workforce development and supplier relationships.
Companies may also face unfamiliar regulatory systems, cultural differences, language barriers and administrative procedures.
Maintaining consistent quality across multiple facilities can be another challenge. Differences in production processes, workforce training and supplier standards may affect product reliability.
Businesses must also manage the increased complexity of coordinating production across multiple time zones, logistics networks and regulatory environments.
These challenges make careful planning and execution essential.
Technology as an Enabler of Global Manufacturing
Digital technology is playing an increasingly important role in managing diversified production networks.
Advanced manufacturing systems, enterprise resource planning platforms, artificial intelligence and real-time supply chain analytics enable companies to monitor operations across multiple locations.
Digital twins and predictive maintenance technologies can improve equipment performance, while automated quality-control systems help maintain consistent production standards.
Cloud-based collaboration platforms also allow teams across different countries to share production data, coordinate schedules and respond quickly to operational challenges.
By integrating technology into manufacturing operations, companies can improve visibility and coordination across their global production networks.
The Role of India in Global Production Diversification
India is increasingly being considered as a potential destination for companies seeking to diversify their manufacturing operations.
The country’s large domestic market, expanding industrial infrastructure, engineering talent and developing supplier ecosystem offer opportunities across several manufacturing sectors.
Electronics, automotive components, pharmaceuticals, textiles, renewable energy equipment and industrial machinery are among the areas attracting manufacturing interest.
Government initiatives such as the Production Linked Incentive (PLI) schemes have also sought to encourage investment and strengthen domestic manufacturing capabilities in selected sectors.
For international companies, India can offer a combination of domestic market access and potential export opportunities.
Nevertheless, successful manufacturing investment requires careful consideration of infrastructure availability, logistics efficiency, regulatory procedures, workforce requirements and supplier readiness.
India’s long-term opportunity will depend on its ability to strengthen industrial ecosystems, improve operational efficiency and deliver predictable business conditions.
Building a Long-Term Diversification Strategy
Production diversification should be treated as a strategic transformation rather than a short-term response to geopolitical uncertainty.
Businesses can begin by mapping their existing manufacturing networks and identifying critical dependencies. This includes assessing exposure to individual countries, suppliers, transportation routes and essential components.
Companies should then evaluate alternative manufacturing locations based on operational requirements, financial feasibility and long-term market potential.
A phased implementation approach can help reduce risk.
Rather than immediately shifting large volumes of production, businesses may begin with pilot operations, alternative suppliers or limited production capacity. Once the new facilities demonstrate consistent quality and operational performance, companies can gradually expand production.
Regular risk assessments and performance monitoring are also essential to ensure that diversification continues to deliver its intended benefits.
Conclusion: From Cost Efficiency to Strategic Resilience
Diversifying overseas production is becoming an important component of global business strategy.
As companies navigate geopolitical uncertainty, changing trade policies and evolving customer expectations, manufacturing flexibility is increasingly valuable.
A diversified production network can help businesses improve supply chain resilience, access new markets, manage costs and strengthen their competitive position.
However, the benefits depend on strategic planning, effective execution and continuous investment in technology, workforce capabilities and supplier relationships.
The future of global manufacturing is unlikely to be defined by a single dominant production location. Instead, it will increasingly depend on interconnected manufacturing networks that combine efficiency with flexibility.
For businesses seeking sustainable international growth, diversification is no longer merely an alternative manufacturing strategy. It is an essential consideration in building a resilient and competitive global enterprise.
3, Nov 2026
ICICI Life EzyGrow launched with 2X and 3X Premium Funding Benefits to Keep Family Goals on Track
- Combines enhanced premium funding options, financial protection, market-linked returns and retirement planning features under one policy
- Designed to help families stay on track with their long-term financial goals
MUMBAI, India, Nov. 3, 2026 /PRNewswire/ –ICICI Life Insurance today announced the launch of ICICI Life EzyGrow, a unit-linked insurance plan (ULIP) with enhanced Waiver of Premium (WOP) where in case of an unforeseen event the company will invest two or three times (2X and 3X) of future pending premiums on customer’s behalf. The benefit is designed to help families stay on track with their long-term goals such as a child’s education or a spouse’s retirement, while building an additional financial cushion to help meet unforeseen needs. This plan will be distributed online through exclusive partnership with Policybazaar.
Commenting on the launch of ICICI Life EzyGrow, Mr. Srinivas Balasubramanian, Chief of Marketing, Digital & Bancasurance, ICICI Life Insurance, said, “As customers navigate different stages of life, their financial priorities evolve and so do their aspirations for the future. With multiple goals to plan for – from wealth creation and family protection to retirement – customers increasingly seek simpler ways to bring their financial planning together. Guided by our customer-first philosophy and a deep understanding of these evolving expectations, we have launched ICICI Life EzyGrow, a comprehensive solution that brings wealth creation, family protection and retirement planning together under a single policy, making long-term financial planning easier and more seamless.
By combining market-linked investment opportunities with enhanced Waiver of Premium benefits, benefit continuity for the nominee and retirement planning options, ICICI Life EzyGrow simplifies the journey towards achieving long-term financial goals. It enables customers to plan for their aspirations, protect their loved ones and secure their family’s future through one integrated solution, offering greater convenience, confidence and peace of mind, representing our endeavour towards making their Har Kal Aasaan.
Vivek Jain, CBO of Life Insurance at Policybazaar said, “Long-term financial goals require consistency, but life does not always go according to plan. A key concern for customers investing towards goals such as a child’s education or spouse’s retirement is whether those investments will continue if the earning member is no longer able to contribute. Enhanced Waiver of Premium options can address this gap by helping ensure that the financial plan stays on track even in the face of an unforeseen event. The 2X and 3X premium funding helps in building an additional financial cushion to help meet unforeseen needs.
With features such as 2X and 3X premium funding, along with market-linked wealth creation and retirement planning option through SWP with whole life policy term, ICICI Life EzyGrow brings together multiple aspects of long-term financial planning in one solution. As customers increasingly look for products that combine protection with the ability to build wealth, such solutions can make financial planning more resilient and goal-oriented.“
Enhanced premium waiver options to help sustain financial goals
ICICI Life EzyGrow offers funding of premium options with 1X, 2X and 3X multipliers. Under the enhanced 2X and 3X variants, upon death of the Life Assured, future premiums are funded by ICICI Life at two or three times the premium, depending on the option selected. This feature is designed to help maintain contributions towards long-term goals, including a child’s education or spouse’s retirement, when a family may have limited capacity to invest.
ICICI Life EzyGrow also includes a Family Income Benefit, providing dependents with additional yearly income to help meet day-to-day expenses and maintain financial stability. Alongside its protection, premium funding and retirement planning features, the plan offers market-linked investment opportunities, return of policy administration charges and Maturity Boosters to support long-term wealth creation.
Retirement planning with flexible withdrawal options
For customers planning their post-retirement years, the Retirement/Whole Life option supports the creation of a retirement corpus and offers a Systematic Withdrawal Plan (SWP) from any age. Customers can receive withdrawals as a fixed amount or as a percentage of the fund value. Additional flexibility is available through partial withdrawals facility, enabling access to funds when required.
Provisions for continued policy management in absence of the Life Assured
In case of the death of the Life Assured, nominee(s) may continue to manage the policy, including permitted fund switches, premium redirection and partial withdrawals. This allows policy management to continue in accordance with the plan’s provisions ensuring that the set financial goal of the family is not compromised.
Backed by a claim settlement ratio of 99.3% in H1-FY2027, with an average turnaround time of 1.1 days for non-investigated claims, ICICI Life Insurance continues to focus on swift and reliable service for its customers.
About ICICI Life Insurance Limited:
ICICI Life Insurance Limited (Formerly ICICI Prudential Life Insurance Company Limited) commenced operations in FY2001 and has since established itself as one of India’s leading life insurers, consistently ranking high on both sum assured market share and new business premium market share. Over the years, it has earned the unwavering trust of millions of customers, becoming an integral part of India’s financial ecosystem.
Customer centricity has remained the foundation of its philosophy, with products, processes and distribution strategies all aligned to a single objective: delivering a strong and differentiated value proposition for customers. The Company offers a comprehensive suite of Protection, Savings & Retirement solutions designed to meet the evolving life stage needs. These offerings enable customers to safeguard their families’ financial security while also achieving long term financial goals.
As on March 31, 2026, the Company protects 73.73 million lives (in-force) across India covering both individual and corporate segments, making it one of the leading insurance companies in the country. Over the years, the Company has delivered on its promise of financial protection by settling ₹ 279 billion in death claims and paying ₹ 3.72 trillion in overall benefits as of March 31, 2026. In FY2026 alone, it settled ₹ 51.49 billion in death claims and disbursed ₹ 153.63 billion in maturity and survival benefits. Its claim settlement ratio of 99.3 percent and average turnaround time of 1 day underscore its commitment to swift, reliable service.
The Company is also the first among Indian Insurance industry to get listed on both the NSE and BSE. Its continued investments in data analytics and digitisation across the policy lifecycle have enabled superior efficiency, innovation and seamless experiences for customers and distributors alike.
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 a number of 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. The Company 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.
About Policybazaar
As one of India’s largest digital insurance platforms, Policybazaar is committed to making insurance accessible, transparent, and personalised for every Indian and global customer. Since 2008, Policybazaar has issued 71.6 Mn (till June 2026), and helped protect families against death, disease, and disability. Policybazaar works with 50+ insurance partners offering products across health, life, motor, and corporate insurance. The company supports customers with 24/7 digital assistance and on-ground insurance advisors, ensuring a seamless experience across all touchpoints.
Policybazaar Insurance Brokers Private Limited is registered as a Composite Broker | Registered Office – Plot No.119, Sector – 44, Gurgaon, Haryana – 122001 | CIN: U74999HR2014PTC053454 | Registration No. 742, Registration Code No. IRDA/ DB 7.97/ 19, Valid till 09/06/2027, License category- Composite Broker Gift city branch address- Shilp Incubation Centre, Office No. SI-M-B014, Unit B, 1st Floor, Plot 11 T3 &11 T5, Block 11, Gift SEZ city, Gandhinagar, Gujarat-382355 | IIIO License No. IFSCA/IIIO/026/2025-26, Valid till 09th June 2027.
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3, Nov 2026
Bybit Renews P2P Super Deal with Up to 99% Savings for New Users
DUBAI, UAE, Nov. 3, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has launched the latest round of its Bybit P2P Super Deal, a new-user exclusive promotion offering guaranteed coupons worth up to 99 USDT and savings of up to 99% on eligible P2P orders.
From now to March 30, 2027, P2P Super Deal continues Bybit’s long-running tradition of rewarding newcomers with meaningful incentives as they begin their crypto journey on the platform’s popular peer-to-peer marketplace.
Eligible new users may complete a first-time deposit or trade of just 10 USDT via Bybit P2P to unlock a guaranteed coupon valued between 10 and 99 USDT, which can be applied to the next eligible P2P order for savings of up to 99%.
How It Works
- Signing up and verifications: New users must create a Bybit account and complete the necessary identity verification and visit P2P Super Deal to confirm eligibility.
- First deposit starting at 10 USDT: Participants can locate the “P2P Super Deal” task on the Bybit P2P Trading page and complete an initial deposit.
- Lucky draw chance: Upon completing the deposit task, a spin of the lucky draw wheel offers a chance to win a coupon valued at up to 99 USDT.
- Applying the coupon: The coupon can be applied to the next P2P order, reducing the fiat amount paid and delivering savings of up to 99%.
The latest Bybit P2P Super Deal presents a bonus opportunity. For participants who complete an eligible trading or deposit task at 100 USDT or more, an additional spin is available for them to unlock more chances to win higher-value rewards.
Bybit offers year-round benefits for the trading community across its products and services. Bybit P2P combines zero trading fees, support for a wide range of fiat currencies, and an enterprise-grade escrow system, making it an intuitive and powerful platform for both new and experienced traders.
More details on event mechanics, eligibility, and terms and conditions are available at: Learn more about the P2P Super Deal
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Built for everyone. Powered by intelligence. Open to the world.
Learn more at Bybit.com.
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3, Nov 2026
VESTIAIRE COLLECTIVE PARTNERS WITH PHILIPPINE LEROY-BEAULIEU FOR AN EXCLUSIVE CLOSET SALE CELEBRATING FRENCH STYLE
PARIS, Nov. 3, 2026 /PRNewswire/ — Vestiaire Collective, the leading global platform for pre-loved luxury fashion, announces an exclusive closet sale with French-Italian actress Philippine Leroy-Beaulieu. With a career spanning more than four decades across French and international cinema and television, she is best known internationally for her acclaimed portrayal of Sylvie Grateau in Netflix’s Emily in Paris and Catherine Barneville in the acclaimed French series Call My Agent! (Dix pour cent). Through this exclusive collaboration, Philippine is giving Vestiaire Collective’s global community the opportunity to shop a carefully curated selection of over 20 pieces from her personal wardrobe.
To view the Multimedia News Release, please click:
https://www.multivu.com/vestiaire_collective/9430951-en-vestiaire-collective-philippine-leroy-beaulieu-closet-sale
The limited-edition sale brings together pieces from some of Philippine’s favorite designers, from Fendi and Balenciaga to Barbara Bui, Ami, Chloé, Ralph Lauren, Jimmy Choo, Dior, Yohji Yamamoto, Vivienne Westwood and Patou. The selection spans statement jackets and coats, tailored suits, dresses, shoes and accessories, offering a glimpse into the personal style behind one of France’s most recognizable fashion personalities. Each item carries its own history, moving from the wardrobe of a celebrated actress into the hands of a new owner.
Launching in two drops, on November 3rd and December 3rd, the sale will feature a selection of statement outerwear, tailored pieces and accessories, alongside standout items such as a red AMI suit, Jimmy Choo heels, Dior dresses and a Yohji Yamamoto coat. Prices range from approximately 110£ to 1 650£, with all pieces available to purchase globally.
All proceeds from the sale will be donated to Innocence en Danger, supporting the organisation’s work to protect children from violence and promote their safety and well-being.
A Style Inspired by Philippine Leroy-Beaulieu
Beyond the limited selection from Philippine’s own wardrobe, Vestiaire Collective will also launch a dedicated edit inspired by her signature style. Drawn from the platform’s nearly 6 million-item catalogue, the edit will bring together pre-loved pieces reflecting the codes of Philippine’s wardrobe, from sophisticated tailoring and statement outerwear to distinctive accessories.
“There are so many memories attached to the clothes we keep, a film, a journey, a particular moment in our lives. Choosing to let some of these pieces go is a little emotional, but there is something beautiful about knowing they will continue their journey in another wardrobe. I’m delighted to partner with Vestiaire Collective to give these pieces a second life while supporting a cause that matters to me.” says Philippine Leroy-Beaulieu
The Power of Closet Sales & Circular Fashion
Vestiaire Collective’s Closet Sales offer its global community an exclusive opportunity to access the wardrobes of influential personalities while embracing a more circular approach to fashion. By giving pre-loved pieces a new life, these collaborations demonstrate that fashion’s most desirable pieces can continue their journey from one wardrobe to another.
“This marks the first time Philippine has opened her personal wardrobe to the public, and we are delighted that she chose Vestiaire Collective to do so. The selection offers a rare glimpse into her distinctive and timeless approach to French style, while giving these much-loved pieces the opportunity to begin a new chapter in the wardrobes of fellow fashion lovers.” says Alessandra Mararschio, Marketing Director at Vestiaire Collective.
Vestiaire Collective has previously partnered with Paris Hilton, Jessica Chastain, Rosie Huntington-Whiteley, Antonela Roccuzzo, Laura Dern, Chloe Fineman, and other influential figures on exclusive closet sales, encouraging their communities to leverage the benefits of resale and sustainability.
Shop Philippine Leroy-Beaulieu’s Closet
The first drop of Philippine Leroy-Beaulieu’s Closet Sale will launch exclusively on Vestiaire Collective on November 3rd, 2026, followed by a second drop on December 3rd, 2026.
Campaign Imagery: HERE
Discover the Philippine Leroy-Beaulieu Closet Sale: HERE
Shop the Philippine Leroy-Beaulieu Closet Sale: HERE
Discover the Philippine-inspired edit: HERE
Learn about Innocence en Danger: HERE
Contact:
Candice Francisco
PR & Events Manager
candice.francisco@vestiairecollective.com
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3, Nov 2026
Pune Metro’s Pink Line Sets New Benchmark With All-Women Operations and Solar-Powered Energy
New Delhi, Nov 3: Pune’s urban transport infrastructure is poised for a significant transformation with the upcoming inauguration of Metro Line 3, popularly known as the Pink Line. The 23-km elevated corridor has drawn attention for two distinctive features — an all-women train operating team and a plan to meet nearly 30 per cent of its electricity requirements through solar energy.
Representational Image
Prime Minister Narendra Modi is scheduled to inaugurate the much-anticipated corridor, which will connect the Hinjewadi IT hub with Shivajinagar, offering a major boost to urban mobility in Pune.
Ahead of the inauguration, Maharashtra Cabinet Minister Chandrakant Patil highlighted the project’s emphasis on commuter convenience, women’s empowerment and environmental sustainability.
Describing the corridor as an important addition to Pune’s transport network, Patil said it would make daily journeys faster, easier and more comfortable for thousands of residents, particularly IT professionals and students travelling between Hinjewadi and central Pune.
He also underlined the significance of placing women at the forefront of metro operations and adopting solar energy to meet a substantial share of the project’s power requirements.
Women’s Empowerment Meets Green Mobility
One of the most notable aspects of Pune Metro Line 3 is its all-women train operating team, reflecting a significant step towards greater participation of women in the urban transport sector.
The proposed use of solar energy to meet around 30 per cent of the corridor’s electricity demand is another major feature, highlighting the project’s focus on sustainable public transportation.
Together, these initiatives are being viewed as an effort to combine inclusive employment opportunities with environmentally responsible infrastructure development.
Connectivity Boost for Pune’s IT Hub
BJP Bihar President Sanjay Saraogi welcomed the upcoming inauguration, describing it as an important milestone in Maharashtra’s infrastructure development.
He said the new metro corridor would significantly benefit students, IT professionals and other daily commuters travelling between Hinjewadi and Shivajinagar. The improved connectivity is expected to save commuting time and reduce travel-related stress for thousands of people.
Bihar Minister Ram Kripal Yadav also praised the Centre’s emphasis on infrastructure development, pointing to investments in highways, bridges, metro networks and railway connectivity across the country.
23.2-Km Corridor to Ease Urban Congestion
Developed by the Pune Metropolitan Region Development Authority (PMRDA), Metro Line 3 is an elevated corridor stretching approximately 23.2 kilometres, with 23 stations connecting Maan near Hinjewadi to the District Court station in central Pune.
The project has an estimated cost of Rs 8,313 crore and is being implemented under a public-private partnership (PPP) model.
Besides improving access to the Hinjewadi IT Park, the corridor is expected to ease pressure on Pune’s road network, reduce dependence on private vehicles and provide commuters with a more efficient public transport alternative.
With its focus on modern connectivity, women’s participation and renewable energy, Pune Metro’s Pink Line is emerging as a noteworthy example of how urban infrastructure can combine technological progress with social inclusion and environmental sustainability.
3, Nov 2026
RIDES-2026 to Focus on Next-Generation Infrastructure and Sustainable Engineering Solutions
Hyderabad, Nov 03: The Association of Consulting Civil Engineers (India) (ACCE(I)), Hyderabad Centre, is organising RIDES-2026 – Conference of Civil Engineers along with Build-Tech Expo 2026 on November 26 and 27 at the Engineering Staff College of India (ESCI), Gachibowli, Hyderabad.
The two-day event is expected to bring together over 1,000 civil engineering professionals, structural engineers, architects, contractors, industry leaders, academicians, researchers and students to discuss emerging challenges and technological advancements in the construction and infrastructure sectors.
The conference will feature eminent national and international experts, with Prof. Sunaina Singh, former Vice-Chancellor of Nalanda University, delivering the keynote address on the restoration, rehabilitation and remodelling of the historic Nalanda structures dating back to 415 BC. Dr. Pradeep Kumar Ramancharla (CSIR-CBRI, Roorkee) will address climate-resilient infrastructure, disaster preparedness and earthquake and flood risks, while Dr. Sandeep Shirkhedkar will highlight LiDAR, GIS and Digital Twin applications in infrastructure development. Prof. Dr.-Ing. Marwan Alzaylaie will discuss advanced deep foundation engineering, while Dr. V. Rajendran, Dr. N. Ananda Valli (Director, CSIR-SERC, Chennai), and Dr. Mohammed Sajid Abbasi will share expertise in structural rehabilitation, structural health monitoring and long-span spatial structures. Sessions on digital engineering, BIM-integrated design and 3D concrete printing will be led by Roy Aniruddha and Er. V. Umamaheswaran (L&T Construction). Other technical deliberations will cover high-rise plumbing, sustainable green roofs, vertical transportation and composite structures, presented by Er. Veeresh S.C., Dr. Ankit Garg, Er. V. Jagadish Kumar and Er. Gururaj S. Thali, highlighting emerging technologies and sustainable engineering solutions for the future of civil engineering.
With increasing challenges from climate change, extreme weather events, rapid urbanisation and ageing infrastructure, RIDES-2026 aims to promote resilient, sustainable and innovative engineering solutions. The conference will also facilitate knowledge exchange and strengthen collaboration between industry, academia and government agencies.
Alongside the conference, Build-Tech Expo 2026 will showcase innovative construction materials, advanced machinery, engineering software, sustainable building solutions and emerging technologies. The exhibition will provide a platform for product demonstrations, networking and business development and will also be open to the public.
The event is being organised under the leadership of ACCE(I) Hyderabad Centre Chairman – Er. Bheem Rao Jaligama , Organising Chairman – Er. Rajkumar Kacharla, ACCE(I)Secretary General – Er. Adepu Kashiram, Organising Co-Chairman – Er.Saddi Mahender Reddy, Vice- Chairman & Organising Secretary -Er. C Ramesh, Hon- Secretary Er. D.S Jaya Prakash, Organising Treasurer -Er. Rudra Amarnath Babu, Media Convener- Er. Akkala Sudhakar.
Event: RIDES-2026 Conference of Civil Engineers & Build-Tech Expo
Dates: November 26–27, 2026
Venue: ESCI, Gachibowli, Hyderabad
Registration: www.accei-rides.com
3, Nov 2026
Piyush Goyal Pushes for Faster Clearances, Better Funding to Strengthen India’s Bioeconomy
New Delhi, Nov 3: Union Commerce and Industry Minister Piyush Goyal has called for a more supportive policy environment, faster regulatory approvals and easier access to finance to accelerate India’s growing bioeconomy and strengthen its position in the global biotechnology sector.
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Addressing a high-level roundtable titled ‘India’s Bioeconomy Opportunity: Role of Startups in Driving Innovation and Growth’ in New Delhi, Goyal emphasised the need to harness India’s scientific expertise, research capabilities and entrepreneurial potential to drive innovation and expand the country’s bioeconomy.
According to an official statement from the Commerce Ministry, the minister also stressed the importance of implementing recommendations emerging from the discussions within a defined timeframe.
The meeting focused on addressing key challenges faced by biopharma startups, particularly regulatory delays, funding constraints, inadequate infrastructure and limited collaboration between research institutions and industry.
Single-Window Clearances, Regulatory Reforms on Agenda
The roundtable, organised by the Department for Promotion of Industry and Internal Trade (DPIIT) in collaboration with NITI Aayog and NITI Frontier Tech Hub, explored several measures to create a more enabling ecosystem for biotechnology startups.
Among the major proposals discussed were the introduction of a regulatory sandbox, single-window clearance mechanisms, alignment with international regulatory standards and simplification of patent application procedures.
Participants underlined that reducing procedural hurdles and improving access to regulatory support would help startups bring innovative products to market faster and expand their operations.
Shared Infrastructure to Support Biopharma Startups
The discussions also highlighted the need to strengthen common research and testing infrastructure to reduce the operational burden on emerging companies.
The proposed development of shared laboratories, testing facilities and clinical trial infrastructure was identified as an important step towards lowering costs and encouraging innovation.
The participants also reviewed Biopharma SHAKTI, announced in the Union Budget 2026-27, and discussed ways to strengthen its role in supporting India’s biopharmaceutical ecosystem.
Stronger Industry-Academia Collaboration Emphasised
Distinguished Fellow at NITI Aayog Debjani Ghosh highlighted the importance of closer cooperation among startups, established industries, academic institutions and government agencies to build a globally competitive bioeconomy.
NITI Aayog Member Gobardhan Das, meanwhile, stressed the need to enhance India’s research capabilities and ensure that scientific breakthroughs are translated into commercially viable products.
The roundtable further deliberated on boosting domestic life sciences manufacturing, speeding up customs clearance for laboratory equipment and research reagents, and simplifying access to government schemes and regulatory assistance.
Focus on Coordinated Policy Action
The Commerce Ministry said participants also emphasised stronger coordination among different ministries to ensure consistent policy interventions and faster resolution of challenges affecting the sector.
The discussions come amid growing efforts to position biotechnology and biopharmaceuticals as key drivers of India’s innovation-led economic growth.
With faster approvals, improved financing opportunities and better research infrastructure emerging as major priorities, the proposed measures are aimed at helping Indian startups scale up, strengthen domestic manufacturing and compete more effectively in international markets.
3, Nov 2026
izmo Microsystems Successfully Develops and Qualifies Indigenous Pitch Detector for Defence Avionics
Achievement demonstrates integrated electronics design, advanced semiconductor packaging and military grade manufacturing capabilities.
BENGALURU, India, Nov. 3, 2026 /PRNewswire/ — izmo Limited (NSE: IZMO) (BSE: 532341) today announced that its semiconductor subsidiary, izmo Microsystems Pvt. Ltd., has successfully developed and completed defence qualification of an indigenous Pitch Detector – a critical avionics component that senses aircraft pitch attitude and provides correction data to the gyromagnetic compass navigation system. The component is used across multiple military aircraft and helicopter platforms currently in active service.
The original foreign origin Pitch Detector faced irregular and limited supply from its overseas manufacturer, creating operational challenges for platforms dependent on it. izmo Microsystems undertook a complete indigenization program to develop a fully compatible Indian replacement, reducing dependence on imported components and strengthening domestic supply chain resilience.
izmo Microsystems successfully reengineered the original component without access to its design documentation, redesigned the electronics using modern technology, and manufactured a fully compatible replacement in India. The component was developed and manufactured at the Company’s DSIR recognised advanced semiconductor packaging facility in Bangalore, and successfully qualified to military reliability standard MIL-PRF-38534.
The achievement demonstrates izmo Microsystems’ ability to undertake complete product development programs, from design and engineering through manufacturing and qualification. These integrated capabilities position the Company to address a wider range of defence and aerospace indigenization opportunities, particularly where imported components are obsolete, difficult to procure or no longer supported by their original manufacturers.
The development also reflects the growing maturity of izmo Microsystems’ technology platform, which combines advanced electronics design with high reliability semiconductor packaging and manufacturing. These capabilities support the Company’s activities across defence, aerospace, silicon photonics and other advanced semiconductor applications.
India’s defence budget for FY2026–27 stands at ₹7.85 lakh crore, including ₹2.19 lakh crore for capital expenditure, reflecting the Government’s continued commitment to defence modernization and self reliance. With increasing emphasis on indigenous procurement and import substitution, izmo Microsystems sees growing opportunities to apply its engineering and manufacturing capabilities across the defence electronics sector.
About izmo Microsystems Pvt. Ltd.
izmo Microsystems Pvt. Ltd. is the advanced semiconductor packaging subsidiary of NSE/BSE listed izmo Limited. Based in Bengaluru, the Company operates a state-of-the-art facility providing integrated design, packaging and manufacturing services across silicon photonics, RF and microwave electronics, 3D System-in-Package integration, hermetic packaging and high reliability defence electronics.
For more information, visit www.izmomicro.com / www.izmoltd.com or contact:
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Media Contact izmomicro Communications Email: info@izmomicro.com Investor Contact izmo Limited No. 177/2C, Bilekahalli Industrial Area, Bannerghatta Road, Bangalore 560076 CIN: L72200KA1995PLC018734 Email ID: investors@izmoltd.com |
Caution Concerning Forward- Looking Statements: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
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