Author: Sai Krishna

Madden NYC Launches in India

Steve Madden’s accessible fashion brand launches on 11^th  August 2026, introducing trend-driven women’s footwear inspired by the energy of New York City.

MUMBAI, India, Aug. 11, 2026 /PRNewswire/ — Madden NYC, the accessible fashion brand from Steve Madden, will make its India debut on 11^th August 2026, launching with a women’s footwear collection available online and at select retailers across the country. Inspired by the energy of New York City, the brand offers fashion-forward footwear for shoppers who embrace personal style on their own terms.

Designed for consumers who express their personal style with confidence, Madden NYC celebrates individuality through fashion-forward, easy-to-wear styles for every mood, moment and occasion.

The debut collection includes everything from everyday sneakers and effortless slides to statement heels and elevated essentials. Featuring metallic finishes, woven textures, denim details, animal prints and playful pops of color, Madden NYC delivers fashion-forward style at an accessible price point of ₹5,000-₹7,000.

“The Indian fashion consumer is increasingly looking for brands that combine global relevance with accessible style. Madden NYC fills an exciting whitespace in the market with its fashion-forward aesthetic, strong value proposition and broad appeal. We are confident the brand will resonate with a new generation of consumers and establish a strong presence across both digital and physical retail in India,” Sumeet Yadav, Head – Reliance Brands Limited.

“India has become one of the most exciting fashion markets in the world, and we’re thrilled to introduce Madden NYC to consumers looking for accessible, trend-driven style,” says Ian Funk, President of International at Steve Madden. “We’re excited to partner with Reliance to bring a brand inspired by the energy of New York City to a new generation of consumers. This launch marks an important milestone in our continued international growth, and we look forward to building the brand together.”

Madden NYC launches digital-first via https://stevemadden.in/sections/madden-nyc, with the collection also available at select retail destinations across Bengaluru, Hyderabad, Mumbai, New Delhi, Ahmedabad, Pune, Kolkata and other cities. The launch builds on Steve Madden’s growing retail footprint in India with 35 current exclusive stores across 16 cities, bringing the brand’s trend-driven aesthetic to more consumers than ever.

This debut marks the first phase of Madden NYC in India, with new product drops, additional categories and consumer activations to follow later this year.

 About Reliance Brands Limited (RBL)

Reliance Brands Limited (RBL), a subsidiary of Reliance Retail Ventures Ltd. (RRVL), was established in 2007 with a mandate to launch, scale, and nurture global fashion and lifestyle brands in India across the luxury to premium spectrum. Its portfolio today includes some of the world’s most iconic names such as Armani Exchange, Balenciaga, Bally, Bottega Veneta, Brooks Brothers, Burberry, Canali, Coach, Diesel, EA7, Elan Cafe, Emporio Armani, Ferragamo, Gas, Giorgio Armani, Hamleys, Hugo Boss, Hunkemoller, Iconix, Jimmy Choo, Kate Spade, La Martina, Lenscrafters, Maje, Max&Co., Michael Kors, Mothercare, Muji, Paul & Shark, Paul Smith, Pottery Barn, Pottery Barn Kids, Pret A Manger, Sandro, Stella McCartney, Steve Madden, Superdry, Tiffany & Co., Tod’s, Tory Burch, Tumi, Valentino, Versace, Villeroy & Boch, West Elm, Zegna, and more.

RBL currently operates over 1,855 doors across India, including standalone stores and shop-in-shops. In addition to building international brand partnerships, the company has invested in leading Indian designer labels and made key global acquisitions, including Hamleys, the world’s oldest toy retailer, now operating across 12 countries with over 175 stores globally.

About Steve Madden

Steve Madden designs, sources and markets fashion-forward footwear, accessories and apparel. In addition to marketing products under its own brands including Steve Madden®, Kurt Geiger London®, Dolce Vita®, Betsey Johnson®, Carvela®, Blondo® and ATM®, Steve Madden licenses footwear, handbags and other accessory categories for the Anne Klein® brand. Steve Madden also designs and sources products under private label brand names for various retailers. Steve Madden’s wholesale distribution includes department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers and independent stores. Steve Madden also directly operates brick-and-mortar retail stores and e-commerce websites. In addition, Steve Madden licenses certain of its brands to third parties for the marketing and sale of certain products in the apparel, accessory and home categories.

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Piramal Realty Delivers The Royal Polo Pavilion, a 30,000 sq. ft. Polo-Inspired Clubhouse at Piramal Mahalaxmi

MUMBAI, India, Aug. 11, 2026 /PRNewswire/ — Piramal Realty, the real estate development arm of the Piramal Group, has delivered The Royal Polo Pavilion, a 30,000 sq. ft. resident’s clubhouse at Piramal Mahalaxmi. Designed by globally renowned British design studio Conran and Partners, the three-level clubhouse overlooks the iconic Mahalaxmi Racecourse and Arabian Sea. The delivery of the Royal Polo Pavilion further reinforces Piramal Realty’s design-led, delivery-focused philosophy, reflected in over 5,800 delivered homes across 24 towers spanning over ~9.3 Mn sq. ft., of Area.

More than a resident’s clubhouse, the Royal Polo Pavilion was envisioned as a place that belongs to Mahalaxmi – a space inspired by the character, history and enduring spirit of one of Mumbai’s most iconic neighborhoods.

The Royal Polo Pavilion draws inspiration from the enduring legacy of polo, a sport deeply rooted in the history of the Mahalaxmi Racecourse. Over the decades, the sport has become synonymous with the Racecourse’s identity, reflecting a timeless tradition built on grace, discipline, teamwork, precision and sportsmanship. This legacy is the foundation for the clubhouse’s design vision.

Commenting on the delivery, Abhijeet Maheshwari, CEO, Piramal Realty, said:

“For us, design is not just about architecture or interiors; it is about storytelling. For the Royal Polo Pavilion, our inspiration came not from global trends but from the neighbourhood itself. The Racecourse, the heritage of polo, the Gulmohar trees motif representing the tree lined South Mumbai, carefully commissioned artworks with Piramal Art Foundation and thoughtfully crafted interiors all became part of a larger narrative. Every detail was intentionally designed to celebrate the character of Mahalaxmi, creating a clubhouse that feels deeply connected to its setting while offering a contemporary lifestyle for our residents.”

As residents explore the clubhouse, every space tells part of this story. Echoing the spirit of polo, The Chukker, (Gym), takes its name from the sports periods of play in a polo match, while the Colt & Filly club (Kids play area) reflects the curiosity and energy of the young residents. Every space has been thoughtfully named to celebrate the traditions and timeless legacy of polo.  

The clubhouse also features a private theatre, resident’s lounge, banquet hall, spa, yoga studio, indoor games room, squash court and multipurpose court, bringing together a range of experiences that enrich everyday living.

The interior design draws from the elegance and heritage of polo, translating its spirit through a carefully curated palette of materials and finishes. Warm timber, natural stone, handcrafted textiles and subtle equestrian references come together to create interiors that feel both timeless and deeply connected to their surroundings. Thoughtfully curated artworks, developed in collaboration with the Piramal Art Foundation, complete the overall design narrative. Together, these elements create interiors inspired by the rich traditions of polo.

With the delivery of the Royal Polo Pavilion, Piramal Realty continues to bring its design-led, delivery-focused philosophy to life, creating thoughtfully designed destinations where architecture, community and curated experiences come together to enrich everyday living.

 About Piramal Realty

Founded in 2012, Piramal Realty, the real estate development arm of Piramal Group is one of India’s leading developers with ~12 Mn sq. ft. of residential real estate under development in and around Mumbai. Piramal Realty aims to set a gold standard in design, quality, safety, and customer centricity in both residential and commercial real estate. Piramal Realty’s innovative developments not only capture a cutting-edge and contemporary ethos but also aim to adopt a more intuitive interpretation of luxury. This distinctive approach celebrates the harmonious integration of nature, greenery, spaciousness, natural light, ventilation and the inherent connection with biophilia encapsulating the essence of community living.

Official Website: https://www.piramalrealty.com/ 

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Euro Pratik Reported Highest Ever Quarterly Revenue in Q1FY27 growing by 61% y-o-y, and Q1FY27 PAT growth stood at 116% y-o-y

MUMBAI, India, Aug. 11, 2026 /PRNewswire/ — Euro Pratik Sales Ltd, a leading Surface Decorative Product company, announced its unaudited financial results for the quarter ended 30th June 2026.

Key Highlights:

• Q1FY27 Revenue from Operations rose to ₹103.3 crore, delivering an exceptional 60% y-o-y growth from ₹64.5 crore in Q1FY26, reflecting strong business momentum and market traction.
• Q1FY27 EBITDA rose to ₹29.2 crore, marking a healthy 25% y-o-y increase over ₹23.4 crore in Q1FY26, while maintaining a robust EBITDA margin of 27.5%.
• Q1FY27 Profit After Tax (PAT) more than doubled to ₹20.0 crore, recording an outstanding 116% y-o-y growth from ₹9.3 crore in Q1FY26, with a strong PAT margin of 18.9%, highlighting significant profitability expansion.

Commenting on the Results

Mr. Pratik Singhvi – Chairman & Managing Director said, “We delivered a highest-ever quarterly revenue in Q1 FY27, growing 60% YoY to ₹103 crore, EBITDA increasing 25% YoY to ₹29 crore and PAT rising 116% YoY to ₹20 crore. The quarter was driven by healthy demand across residential and commercial segments, supported by our growing portfolio of differentiated decorative surface solutions and deeper engagement with architects, designers and channel partners.

While elevated raw material costs, and geopolitical uncertainties continued to impact global supply chains, our focus on value-added products, improved product mix and operating efficiencies enabled us to deliver healthy profitability. We remain focused on sustaining margins through premiumisation, scale benefits and disciplined execution.

The integration of URO Veneer World and Chawla Brothers is progressing well and has significantly strengthened our market reach across South and North India. Supported by a debt-free balance sheet and healthy internal accruals, we remain well positioned to capitalize on growth opportunities, unlock integration synergies, deepen market penetration and deliver sustainable long-term.”

About Euro Pratik Sales Ltd:

Euro Pratik is one of India’s leading and largest organized brands in the Decorative Wall Panel and Laminates industry, holding a market share of over 16% in the organized wall panel segment. Known for its design-driven approach, the company has launched over 113+ product catalogues, offering 30+ product categories and 3,000+ designs that are sustainable, antibacterial, antifungal, and water-resistant. Operating through fixed asset-light business model with 36 contract manufacturers across India and abroad, Euro Pratik has built a strong distribution network spanning 138+ cities, around 198 distributors, and around 2,25,000 sq. ft. of warehouse space across India, ensuring wide market reach and operational efficiency. Driven by innovation and strategic growth, Euro Pratik has expanded its global presence through subsidiaries in the U.S., the UAE, and Europe, supported by strong financial fundamentals. With a proven track record, comprehensive product portfolio, collaborations with architects, interior designers, and furniture manufacturers,and a focus on sustainable design, Euro Pratik continues to strengthen its position as a pioneer in decorative wall solutions across domestic and international markets.

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KuCoin Strengthens Its RWA Ecosystem with Ondo Tokenized Stocks on KuCoin Alpha

PROVIDENCIALES, Turks and Caicos Islands, Aug. 11, 2026 /PRNewswire/ — KuCoin, a leading global crypto platform built on trust, today announced the integration of Ondo tokenized assets, marketed as “Ondo tokenized stocks,” into KuCoin Alpha. The integration provides eligible users across the KuCoin ecosystem with a streamlined way to access tokenized stocks and exchange-traded funds (ETFs) through the familiar KuCoin interface.

Through KuCoin Alpha, users can access supported Ondo tokenized stocks using funds held in their KuCoin accounts and trade them without navigating separate wallets or external onchain applications. By simplifying the user journey, the integration creates a more intuitive entry point to TradFi-linked onchain products while retaining the efficiency and flexibility enabled by blockchain-based infrastructure. The initial selection spans broad-market ETFs and leading companies across technology, semiconductors and digital finance, including widely followed products such as SPYon, NVDAon, MUon, SNDKon, and CRCLon.

The launch builds on the earlier integration of Ondo tokenized stocks into KuCoin Web3 Wallet. Together, the two integrations provide complementary pathways across the KuCoin ecosystem: an exchange-app experience through KuCoin Alpha and a self-custodial experience through KuCoin Web3 Wallet. This gives users greater flexibility in how they discover, access, and manage TradFi-linked onchain assets.

The expansion reflects the next stage in the development of onchain finance. Following the global adoption of stablecoins, tokenized real-world assets are emerging as another important asset category supported by blockchain infrastructure. Scaling this market will require more than asset issuance alone. It will also depend on trusted access infrastructure that connects products, liquidity and users through intuitive and widely accessible interfaces.

As traditional financial products increasingly move onchain, crypto platforms are evolving beyond venues for individual asset listings to become an important infrastructure for global onchain markets. By extending Ondo stocks across both its exchange-app and self-custodial environments, KuCoin is building a unified access layer for crypto-native assets, tokenized real-world assets and other TradFi-linked onchain products.

The integration marks another step in KuCoin’s strategy to build trusted infrastructure that connects traditional finance with the expanding onchain economy while making emerging financial products accessible through experiences users already understand.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust and security, serving over 45 million users across 200+ countries and regions. Known for its reliability and user-first approach, the platform combines advanced technology, deep liquidity, and strong security safeguards to deliver a seamless trading experience. KuCoin provides access to 1,500+ digital assets through a broad product suite and remains committed to building transparent, compliant, and user-centric digital asset infrastructure for the future of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, and ISO/IEC 27701:2019 Certifications. In recent years, we have built a strong global compliance foundation, marked by key milestones including AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.

Learn more at www.kucoin.com.

Disclaimer

The information is for corporate PR purposes only and does not constitute endorsement or investment advice.

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Logo – https://mma.prnewswire.com/media/2785613/6031086/KuCoin_new_Logo.jpg

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LX Pantos Strengthens Global ESG Leadership Through Its 2026 Sustainability Report

• Completes calculation and third-party verification of Scope 1 and 2 GHG emissions across Korea and key overseas operations
• Expands ESG disclosures to cover human rights, safety, working conditions, and training for global employees

SEOUL, South Korea, Aug. 11, 2026 /PRNewswire/ — LX Pantos (President & CEO: Lee Yong-ho) has released its 2026 Sustainability Report, highlighting progress in advancing ESG management across its domestic and global operations.

The report covers nine material ESG issues identified through a double materiality assessment, including climate change adaptation and mitigation, energy, eco-friendly logistics services, customer value management, human resources management, information security, risk management, business conduct, and new growth engines and business diversification.

A key highlight of this year’s report is the expanded reporting scope, which now includes global worksites. The expansion reflects LX Pantos’s strong international footprint and the growing scale of its overseas operations.

On the environmental front, the company calculated Scope 1 direct greenhouse gas emissions and Scope 2 indirect greenhouse gas emissions from its domestic operations and key overseas sites. Third-party verification further strengthened the reliability of its environmental disclosures.

In the social area, LX Pantos collected and analyzed employee data from nine subsidiaries in Europe, covering human rights and labor, occupational health and safety, working conditions, education, and career development.

In governance, the report highlights progress in Jeong-do Management, the company’s ethics- and compliance-based management philosophy. LX Pantos recorded zero significant legal violations related to anti-corruption and fair trade rules and achieved a 100% completion rate for Jeong-do Management training in 2025.

The report was prepared in accordance with the GRI Standards 2021 and references global ESG frameworks including SASB, the UN SDGs, the UNGC, and the TCFD. An independent third-party assurance agency verified the report for accuracy and reliability.

In 2025, LX Pantos also earned a Bronze rating from EcoVadis, a B rating from the Carbon Disclosure Project (CDP), LEED Gold certification for the MegaWise Cheongna Center, and an A+ rating under the Regional Social Contribution Recognition System administered by the Korean Ministry of Health and Welfare.

Commenting on the release of this report, Lee Yong-ho, President & CEO of LX Pantos said, “LX Pantos is further advancing its sustainability management by expanding the scope of ESG management beyond Korea to our overseas operations. Under our ESG vision, ‘Value Deliverer for People and the Planet,’ we will continue to communicate with stakeholders in a transparent manner.”

■ About LX Pantos

Established in 1977, LX Pantos is a leading global logistics provider headquartered in Korea. It delivers comprehensive logistics solutions across sea, air, rail, and contract logistics through a worldwide network spanning more than 40 countries.

Learn more about LX Pantos online and follow it on LinkedIn.

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Reap Goes Live on Hyperliquid with USDC funding capabilities

Clients can now move USDC more efficiently and manage balances on the Hyperliquid network.

HONG KONG, Aug. 11, 2026 /PRNewswire/ — Reap, a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure, today announced support for USDC funding via Hyperliquid. Clients can now generate a Hyperliquid wallet address within Reap and send USDC on the Hyperliquid network to fund their cards and payments balances.

In May 2026, Hyperliquid phased out its native stablecoin, with Circle expanding its infrastructure role across the network. USDC is now the dominant collateral asset on Hyperliquid, and stablecoin supply on the platform has nearly doubled year-over-year, reaching a record $7.04 billion in early June 2026, up almost 20% in a single month.

As USDC cements itself as the anchor stablecoin of one of the largest on-chain trading venues, a growing number of businesses already hold or transact in USDC on Hyperliquid as part of their treasury activity. Until now, moving that USDC into a Reap balance meant routing it through an intermediary exchange or wallet. A direct funding rail removes that extra step, letting clients put Hyperliquid-based USDC to work in their cards and payment balances. This launch also expands Reap’s own network coverage for stablecoin funding, with Hyperliquid joining Ethereum, Tron, and Polygon as supported networks for on-chain USDC deposits.

For businesses that already keep working capital on Hyperliquid, this adds a direct path to convert on-chain USDC into operating balances, without routing funds through an intermediary exchange or wallet. That can reduce settlement time and operational overhead, improve liquidity management between trading and treasury activity and day-to-day spend, and support smoother reconciliation by keeping funding flows on a single, supported rail. The addition of Hyperliquid gives clients another stablecoin funding rail, reducing friction for businesses that already hold or transact in USDC on Hyperliquid, and makes it easier for clients to fund their cards and payments balances directly.

“With Hyperliquid now supported in Reap, clients now have a more direct bridge between where they already hold USDC on-chain and where they need to deploy it in day-to-day operations. We are excited to build a simpler, faster path for treasury teams to move value from on-chain liquidity into the balances they use to run their businesses.” said Harris Leow, Head of Product, Reap.

Reap is also exploring additional ways to expand the utility of Hyperliquid across a broader suite of products and solutions over time, from making it easier for clients to fund and deploy USDC held on Hyperliquid, to unlocking more seamless ways to move value between on-chain liquidity and real-world spend. By deepening this integration, Reap aims to create more flexibility for clients while supporting greater real-world utility for stablecoins on Hyperliquid.

About Reap

Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-native infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.

Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.

Founded and headquartered in Hong Kong, Reap employs 300 people worldwide.

More information about Reap can be found at reap.global.

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DeTect Awarded Contract to Supply MERLIN™ True3D® Bird Detection Radar to the Soekarno-Hatta Airport in Jakarta

The bird radar flight safety system will enhance the airport’s wildlife control program and provide real-time hazard risk alerts to air traffic control and airfield operations.

PANAMA CITY, Fla., Aug. 11, 2026 /PRNewswire/ — DeTect, Inc. has been awarded the contract to supply its MERLIN 7360 True3D Bird Detection Radar (BDR) to the Soekarno-Hatta Airport in Jakarta. MERLIN is the most advanced and widely used bird radar system with over 600 BDRs worldwide in aviation safety and bird protection applications. The MERLIN technology was originally developed for and is currently used by the U.S. Air Force and NASA for detection and alerting of hazardous bird and drone activity on an around airfields, with systems currently used by commercial airports in Canada, the EU, the Middle East, Africa and Asia.

The Jakarta system will include 7360 True3D radars at the ends of each of its two runways to provide full 3D 360-degree airfield and surrounding airspace, with automatic display and alerting of high-risk bird activity via monitors in the airport bird control team vehicles and at airfield operations and in the control tower. The system will be manufactured in the US, and the project will be managed by DeTect’s APAC Regional office in South Korea. DeTect’s CEO, Gary Andrews, said of this order, “We are gratified to have been selected by InJourney Airports to supply and support DeTect’s bird radar system technology at Soekarno-Hatta International Airport (CGK), one of Southeast Asia’s busiest airports.”

ABOUT DETECT INC:

DeTect is a fully integrated radar company founded in 2003 with research, engineering and manufacturing facilities and offices worldwide. DeTect products include MERLIN™ BDR, HARRIER™ Security and Surveillance Radars, DroneWatcher™ Counter- UAS systems, MERLIN Bird Monitoring and Mitigation Systems, HARRIER Aircraft Detection Lighting Systems, and HARRIER Beyond Visual Line-of-Sight radars.  Since 2003, DeTect has manufactured and commissioned over 1100 radar systems in the US, Canada, the UK, Europe, Africa, Asia and Australia and New Zealand.

Reference sites:  https://detect-inc.com/   

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MiTAC Computing Technology USA Corporation Announces Grand Opening of Expanded Newark Office to Drive U.S. Infrastructure Growth

NEWARK, Calif., Aug. 11, 2026 /PRNewswire/ — MiTAC Computing Technology Corporation, a global leader in high-performance, energy-efficient server solutions and a subsidiary of MiTAC Holdings Corporation (TWSE:3706), announced the grand opening of its expanded Newark, California operations facility for MiTAC Computing Technology USA Corporation. The strategic expansion reinforces MiTAC’s investment in North American technology infrastructure, customer co-innovation, and long-term enterprise growth.

The upgraded facility strengthens MiTAC’s operational scale and engineering capabilities across four core centers of excellence:

• New Product Introduction (NPI) Unit: Purpose-built for advanced air- and liquid-cooling rack-scale architectures, enabling rapid prototype production and remote customer testing.
• Engineering Lab: Delivers comprehensive, end-to-end hardware and software system validation for enterprise AI and cloud workloads.
• Customer Experience Center (CEC): Connects hyperscale and enterprise clients directly with MiTAC’s latest full-stack, server-to-cluster infrastructure.
• Service Center: Provides dedicated post-deployment technical support, lifecycle management, and field services.

“This new facility reflects MiTAC’s ongoing commitment to deepening our footprint alongside our U.S. customers and ecosystem partners,” said Raymond Huang, General Manager of MiTAC Computing Technology USA Corporation. “With this expansion, we directly deliver localized engineering, testing, validation, and failure analysis (FA) to strengthen our U.S. sales and manufacturing operations. By pairing localized support with our advanced manufacturing heritage, this expansion establishes a collaborative hub to accelerate time-to-market for next-generation data center infrastructure. We look forward to the opportunities it will create for regional innovation and partnership.”

The opening ceremony brought together civic leaders, key customers, strategic industry partners, and community representatives for an official ribbon-cutting, executive networking, guided facility tours, and interactive demonstrations showcasing MiTAC’s end-to-end systems engineering capabilities.

MiTAC was honored to welcome Newark Mayor Michael Hannon—who delivered remarks and presented a certificate on behalf of the city—alongside Newark City Council Member Eve Marie Little, City Manager David Benoun, Community Development Director Steven Turner, Deputy Economic Development Director Angela Tsui, and Lily Mei Newark Chamber of Commerce CEO.

MiTAC Computing Technology USA Corporation extends its sincere gratitude to Mayor Hannon, our distinguished city guests, valued customers, strategic partners, and event sponsors—AMD, Micron, SanDisk, TDS, and D&H—for their support and shared commitment to driving innovation across the AI landscape.

About MiTAC Computing Technology USA Corporation

MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings Corporation (TWSE:3706), delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methodologies to ensure uncompromising quality—across barebones, systems, rack-scale architectures, and cluster-level deployments—fully achieving performance and integration.

MiTAC Computing Technology USA Corporation is dedicated to delivering innovation, performance, and dedicated service to customers and partners across North America.

MiTAC Computing Technology Corporation website: https://www.mitaccomputing.com/

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Manulife Appoints Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth to Advance Growth Strategy Across Key Markets

HONG KONG, Aug. 11, 2026 /PRNewswire/ — Manulife announced the appointment of Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth, effective immediately.

Mr Young has served as Interim Chief Distribution Officer since March, providing strong leadership while advancing Manulife’s distribution strategy and deepening broker engagement across key markets. In his new role, he will be responsible for leading Manulife’s International Brokerage business globally, driving growth across Hong Kong, Singapore, the Middle East and other markets, and further strengthening broker partnerships and distribution capabilities.

“We are delighted to welcome Jeremy to this important role,” said Bonnie Qiu, CEO, Global High- Net-Worth and Chief Partnership Distribution Officer, Manulife Asia. “GHNW remains a core pillar of Manulife’s strategy, and we will continue investing in our capabilities, products and partnerships to help meet the evolving needs of high-net-worth clients. Jeremy’s leadership will enhance our ability to serve this market and capture the significant opportunities ahead.”

Mr Young brings more than 20 years of insurance leadership experience across distribution, sales, marketing, product strategy and customer experience. Before joining Manulife, he was Chief Commercial Officer, Global, at Transamerica Life Bermuda. He previously held senior leadership roles with Sun Life, AIA and Sovereign.

The appointment reinforces Manulife’s commitment to strengthening its Global High-Net-Worth platform and serving the evolving needs of high-net-worth clients across Asia, the Middle East and other international markets. With his deep industry expertise, international perspective and strong commercial leadership, Mr Young is well positioned to lead Manulife’s International Brokerage business into its next chapter.

For media enquiries, please contact: 

Alice Li

Chief Communications Officer, Manulife Hong Kong & Macau

Alice_SM_Li@Manulife.com 

About Manulife 

Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as ‘MFC’ on the Toronto, New York, and Philippine stock exchanges, and under ‘945’ on the Hong Kong stock exchange. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

ERAM Holdings Appoints Alok Kumar as CEO to Lead Human Capital Management Business in India

NEW DELHI, Aug. 11, 2026 /PRNewswire/ — ERAM Holdings, a leading diversified conglomerate headquartered in the Kingdom of Saudi Arabia, is pleased to announce the appointment of Alok Kumar as Chief Executive Officer – ERAM HCM India.

With over 25 years of leadership experience across staffing, workforce management, executive search, skilling, and international talent mobility, Alok Kumar is widely recognised as one of the industry’s leading professionals. Prior to joining ERAM Holdings, Alok served as the Chief Executive Officer of NSDC International. Working under the aegis of the Ministry of Skill Development & Entrepreneurship, Government of India, he played a key role in advancing the Government’s vision of positioning India as a trusted global talent partner by creating structured international mobility pathways and strengthening partnerships across Europe, the Middle East, and the Asia-Pacific region.

As part of its long-term growth strategy, ERAM Holdings is significantly expanding its Human Capital Management (HCM) business across India and global markets. The Group aims to build a Tech enabled integrated platform offering staffing and workforce management, executive search, international talent mobility, recruitment process outsourcing (RPO), HR consulting, payroll solutions, and talent advisory services, serving clients across multiple industries and geographies.

In his new role, Alok Kumar will lead the strategic growth of ERAM’s Human Capital Management business, driving domestic and international expansion, developing global talent partnerships, and creating innovative workforce solutions that address the evolving needs of employers worldwide.

Welcoming Alok Kumar to the organisation, the COO of ERAM Holdings, Mr. Madhu Krishnan, said: “We are delighted to welcome Alok Kumar to the ERAM family. His exceptional leadership, deep understanding of the staffing, skilling, and workforce management ecosystem, and proven ability to build businesses at scale make him the ideal leader to drive our Human Capital Management vision. His global perspective and extensive experience in talent mobility will play a pivotal role as we strengthen ERAM’s position as a trusted partner for workforce and human capital solutions across India and international markets.”

Speaking on his appointment, Alok Kumar said: ” Human capital is becoming one of the most powerful engine of economic development globally, and ERAM is unique positioned to build an integrated platform connecting talent, employers, and opportunities across borders. I am thrilled to be a part of its growth journey and look forward to partnering with the leadership team to build a world-class Human Capital Management business that creates value for clients, empowers individuals, and drives sustainable economic growth.”

About ERAM Holdings:

Founded in the early 1990s and headquartered in the Kingdom of Saudi Arabia, ERAM Holdings is a globally diversified business conglomerate with operations spanning the Middle East, India, Europe, Africa, Southeast Asia, and North America. Over the past three decades, the organization has built a strong legacy across sectors including Oil & Gas, Engineering & Construction, Manufacturing, Industrial Services, Healthcare, Information Technology, Education, Travel & Tourism, and Human Capital Solutions. With a reputation for innovation, operational excellence, and trusted partnerships, ERAM Holdings continues to deliver sustainable value to clients across industries and geographies.

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