20, May 2026
FIA Report Showcases Major Progress in Sustainability, Diversity & Inclusion
Dubai, UAE, May 20: The Fédération Internationale de l’Automobile (FIA) has published its 2025 Sustainability and Diversity & Inclusion (D&I) report, highlighting major achievements in shaping the future of motorsport and mobility for its diverse global community.
The FIA, the global governing body for motor sport and the federation for mobility organisations worldwide, continued to drive progress at the intersection of innovation, inclusion, and access through 2025.
In environmental sustainability, it strengthened frameworks and tools to support Member Clubs, championships and events in managing their impact, while also taking steps to accelerate its own decarbonisation strategy.
In D&I, it continued to expand participation, strengthen career pathways, and build a more inclusive environment across motor sport and mobility.
H.E. Mohammed Ben Sulayem, President of the FIA, said: “Our diversity is our strength. Looking ahead, our direction is clear. We will continue to innovate, strengthen frameworks, and raise standards. Together, we are shaping a future in which motorsport and mobility are not only more sustainable, but more inclusive, accessible, and truly reflective of the diverse global community we serve.”
The landmark FIA report highlighted several key environmental achievements including:
· Grew the FIA’s flagship Environmental Accreditation Programme to 260+ accredited organisations (a 37% YOY increase) with a record 70 new accreditations, 33 renewals and nine upgrades.
- Increased sustainability grants by 24% to €340,000, supporting projects on emissions reduction, biodiversity, mobility access and education.
· Approved the first technical and safety regulations for liquid hydrogen- powered vehicles, marking a historic step toward low carbon competition.
· Welcomed 1,000+ participants in the FIA’s Sustainable Innovation Series.
In November 2025, the FIA launched its first Sustainability Survey for its Member Clubs to better understand their priorities and challenges across different regions. Across all Member Clubs, there was strong agreement that motor sport and mobility organisations should play a leading role in advancing climate action and sustainable development.
In terms of its own operations last year, the FIA report noted the following
· Maintained commitment to reduce absolute emissions by 2030.
· Absolute emissions increased by 16% year-on-year against a backdrop of increased headcount and the opening of a new office in London.
· Logistics-related emissions lowered by 2%, supported by HVO-powered DHL trucks across the European race calendar.
· Overall impact of logistics footprint reduced by 22% through the ramp-up of investments in Sustainable Aviation Fuels.
While important progress has been made in several areas under the FIA’s direct influence, there were substantive increases elsewhere in the footprint, especially in business travel for staff and visitors attending conferences, regional meetings, and general assemblies.
The rise in the footprint does not mean progress has stopped, but reinforces the need for a more targeted response and strategy. It highlights the necessity to drive lower-carbon choices across motor sport and mobility, by encouraging better decisions on logistics, travel, events, procurement, and collaboration across the ecosystem.
Not all emissions reported are directly controlled by the FIA, and the federation’s responsibility is not only to reduce its own footprint, but also to enable others to reduce theirs.
The inaugural FIA Karting Arrive & Drive World Cup set the tone for a landmark year in diversity and inclusion, bringing together 100+ competitors from 50 nations and a record 15 female drivers on the grid.
Within its own workforce, 31% of the FIA’s staff was female in 2025, with almost half of those women in senior roles, reflecting continued progress on gender equity.
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- By Neel Achary
20, May 2026
Abundia Global Impact Group Completes Strategic Acquisition of RPD Technologies
Abundia Global Impact Group, Inc. (NYSE American: AGIG) (“Abundia” or the “Company”), a low-carbon energy solutions company focused on converting biomass and plastics waste into high-value low-carbon fuels, on May 19 announced that it has completed the acquisition (the “Acquisition”) of RPD Technologies Americas, LLC (“RPD”), a scale-up project development firm focused on the design, construction, operations of pilot plants and consulting services. The Acquisition was completed and effective on April 1, 2026.
Abundia – RPD Acquisition Strategic Highlights
- Establishes Additional Revenue Stream and Long-term Conversion Pipeline: Adds revenue generating business to Abundia’s financial profile with longer term realization of high-margin economics to deliver on the Company’s commitment to drive shareholder value
- Increased Scale and Operational Capabilities: Adds a new business vertical offering an existing customer base, long-term opportunity pipeline and team of scale up project development and engineering experts in refining, petrochemical and renewables that establishes this unit as a core competency
- Expands Vertically Integrated Waste-to-Value Model: Integrates into Abundia’s model bringing development and scale up capabilities in-house and increases exposure to the full economic value chain of its waste-to-value vertically integrated platform
- Strengthens Competitive Advantage to Form a Resilient Business: Distinguishes Abundia’s market position as a waste-to-value supply chain consolidator while strengthening and diversifying its operations and financial performance
“Importantly, by converging RPD’s capabilities and its highly skilled team with Abundia’s waste-to-value project, we unlock a valuable cog in our current development cycle that strengthens our vertical integration strategy. Of particular focus is RPD’s proven track record in the development and scaling of processes in the petrochemical and renewable energy industries. This new unit will organically accelerate the company’s trajectory by assisting in the next phase of engineering the Biomass technology stack,” concluded Mr. Gillespie.
Transaction Overview
RPD initiated operations in 2019 as a project developer within the energy space offering engineering and design support for the development, scale up and commercialization of new technologies focused on refining, petrochemical and renewables. RPD’s team of approximately twenty (20) employees and engineers augment Abundia’s business with expertise in operations, engineering, process safety and quality control, and technical mechanics with a combined 100+ years of chemical engineering scale-up experience.
Revenue generated by RPD will be recognized as total revenue in Abundia’s second quarter 2026 financial statements and the Securities and Exchange Commission (the “SEC”) filings. RPD will operate as a wholly owned subsidiary of Abundia, maintaining its existing team, customer relationships, and project pipeline, while benefiting from the integration within Abundia’s broader platform.
Abundia’s acquisition of RPD aligns with its long-term strategic priorities reflected in the establishment of an incremental revenue-generating core competency under its vertically integrated waste-to-value business model. Abundia will benefit from RPD’s existing pipeline and revenue stream and favorably positions the Company to generate long-term value to shareholders. Additionally, the Acquisition demonstrates Abundia’s disciplined and strategic M&A approach, adding a services vertical that accelerates value generation. As a unit of Abundia, the RPD team will be well positioned to grow and expand operations, assets, and capabilities, supporting operating and revenue growth as it scales into a larger business.
About Abundia Global Impact Group, Inc.
Abundia Global Impact Group, Inc. (NYSE American: AGIG), formerly Houston American Energy Corp., is a low-carbon energy company focused on converting waste into value. Headquartered in Houston, Texas, we are developing commercial-scale facilities that transform waste plastics and biomass into drop-in fuels and low-carbon chemical feedstocks. Our flagship project at Cedar Port positions Abundia at the center of the Gulf Coast’s energy and chemical infrastructure, with access to feedstock supply chains, upgrading partners, and end markets.
For more information, please visit www.abundiaimpact.com.
About RPD Technologies Americas, LLC
20, May 2026
Teenage Star Vaibhav Suryavanshi Powers Rajasthan Royals to Thrilling Win, Keeps Playoff Hopes Alive
Jaipur, May 20 (BNP): Teenage batting sensation Vaibhav Suryavanshi produced a breathtaking display of power-hitting to guide Rajasthan Royals to a remarkable seven-wicket victory over Lucknow Super Giants in a high-scoring Indian Premier League encounter, keeping Rajasthan firmly in contention for a playoff berth.
Chasing a daunting target of 221 runs, Rajasthan Royals rode on Suryavanshi’s explosive 93 off just 38 deliveries, an innings studded with 10 towering sixes and seven boundaries. Displaying fearless intent and maturity beyond his years, the young batter dismantled the Lucknow bowling attack and laid the foundation for one of Rajasthan’s most crucial wins of the season.
Earlier, Lucknow Super Giants had posted a formidable 220/5 in 20 overs, powered by a blistering 96 from Mitchell Marsh, who narrowly missed a century, while Josh Inglis added quickfire momentum with a 29-ball 60.
In reply, Suryavanshi forged a strong opening stand with Yashasvi Jaiswal, who contributed a fluent 43 off 23 balls. The chase was later steadied and completed by Dhruv Jurel, who remained unbeaten on 53 off 38 deliveries, ensuring Rajasthan crossed the finish line comfortably in just 19.1 overs.
The victory lifted Rajasthan Royals to 14 points and significantly boosted their playoff aspirations ahead of a crucial final league clash against the Mumbai Indians. A win in the upcoming fixture would secure Rajasthan a place in the playoffs, intensifying excitement among fans as the IPL season nears its climax.
20, May 2026
AONSAT 2026 by Amity Online Emerges as India’s Largest Online Scholarship Admission Test
New Delhi, May 20 : Amity University Online, India’s first and leading online university, has successfully concluded the first edition of the Amity Online National Scholarship Aptitude Test (AONSAT) 2026, which has emerged as India’s largest online scholarship admission test for online degree programs initiated by any university. The nationwide initiative witnessed an overwhelming response from aspiring undergraduate and postgraduate learners seeking flexible, accessible, and merit-driven higher education opportunities.
AONSAT 2026 witnessed participation from learners across India – from Andaman & Nicobar Islands to Tripura, from Ludhiana to Kochi – showcasing the truly national reach of online higher education. The test recorded registrations from over 495 cities including metropolitan cities, Tier 2 & Tier 3 cities, and upcountry regions. Thousands of learners have successfully qualified through the test and have already begun their practice preparation, further reflecting the increasing acceptance and aspiration towards online higher education among India’s youth.
The inaugural edition of AONSAT recognized and rewarded academic excellence at a national scale, with 12 outstanding winners across undergraduate and postgraduate categories receiving merit-based scholarships. The winners represent a diverse mix of learners from different educational, cultural, and regional backgrounds across India, further reinforcing the growing inclusivity, accessibility, and nationwide reach of digitally enabled higher education. Through its merit-led scholarship framework, AONSAT aims to make quality higher education more accessible and create meaningful opportunities for aspiring learners across the country.
Abhishek Kushwaha, PG Topper & 100% Scholarship Recipient, said,
“AONSAT has created an incredible opportunity for learners like me who aspire to pursue quality higher education from a reputed institution. Winning a 100% scholarship from Amity University Online has strengthened my confidence and given me a strong foundation to pursue my professional goals.”
Speaking on the overwhelming response, Mr. Ajit Chauhan, Chairman, Amity University Online, said:
“AONSAT 2026 reflects the evolving aspirations of India’s youth, who are increasingly seeking flexible, future-ready, and globally relevant higher education opportunities. At Amity University Online, we believe that quality education should not be limited by geography or financial barriers. Through initiatives like AONSAT, we are creating a transparent and merit-driven ecosystem that empowers learners and contributes towards building a stronger knowledge economy for the nation. As India moves towards the vision of Viksit Bharat, online education will play a transformative role in expanding access, nurturing talent at scale, and positioning India as a global education hub for the future. Such initiatives will also play an important role in supporting India’s National Education Policy vision of achieving a 50% Gross Enrolment Ratio (GER) in higher education by 2035.”
Raushan Kumar, UG Topper & 100% Scholarship Recipient, Said,
“For many students like me, quality higher education from a reputed university often feels like a distant dream. AONSAT has changed that by creating a platform where talent and dedication are truly recognized. Receiving a 100% scholarship from Amity University Online has given me the confidence to pursue my goals with a larger vision and prepare myself for opportunities in a globally connected world. I believe initiatives like AONSAT can inspire and empower thousands of young learners across India to aspire for world-class education and a better future.”
India is currently at a crucial stage in its journey to expand access to higher education, with the National Education Policy (NEP) 2020 aiming to increase the Gross Enrollment Ratio (GER) from the current 28% to 50% by 2035. Scalable and digitally enabled initiatives like AONSAT can play a transformative role by expanding access and identifying deserving learners on a large scale. Industry and policy reports indicate that India may require nearly 86 million higher education enrolments by 2035 to meet this vision, making scalable digital learning models and scholarship-led initiatives increasingly important for the future of education.
Building on the tremendous response to the inaugural edition, Amity University Online has announced that the second edition of AONSAT will be announced soon, further strengthening its mission to make quality higher education more accessible, affordable, and inclusive for learners across India.
The initiative reflects Amity University Online’s larger vision of enabling education without boundaries through technology-enabled learning models, scholarship support, and scalable digital education platforms. As India moves towards a knowledge-driven economy, initiatives such as AONSAT are expected to play an important role in increasing educational participation, creating awareness around online higher education, and enabling social mobility at scale.
20, May 2026
Axione Development to Build Advanced Cold Chain Infrastructure at Abu Dhabi Food Hub
Abu Dhabi, UAE – 20 May 2026: Abu Dhabi Food Hub, AD Ports Group’s integrated food trade and logistics hub, announced the signing of an agreement with Axione Development for the development of advanced cold chain infrastructure in Abu Dhabi.
In accordance with the agreement, which underlines the growing confidence in the Emirate’s upcoming premier food platform, Axione Development will develop a dedicated cold chain facility on a 37,000 sqm plot under a 50-year land lease agreement to support the broader ecosystem of traders and businesses that will operate within Abu Dhabi Food Hub’s integrated marketplace. Designed as enabling infrastructure for the wider market, the facility will strengthen critical cold chain capabilities serving wholesale trade, distribution and value-added food supply activities.
Abdulla Al Hameli, CEO Economic Cities & Free Zones, AD Ports Group, said: “Food security is a national priority for the UAE and an essential pillar of our sustainable economic development. Strong partnerships such as our deal with Axione Development strengthen this long-term goal of world-class infrastructure, diversified trade corridors, and strong partnerships between the public and private sectors. Within this wider vision, Abu Dhabi Food Hub represents how national priorities can be translated into practical market infrastructure that supports the efficient movement, storage, and trade of food products. We are pleased to see the project continue to progress through partnerships such as this, reinforcing its role in becoming a central food trade gateway for the UAE and the wider region.”
The agreement reflects continued momentum in the development of Abu Dhabi Food Hub’s next-generation wholesale market ecosystem, which brings together wholesale trade, logistics, warehousing, distribution and digital enablement within a single integrated platform designed to enhance the efficiency and resilience of regional food supply chains.
The development of advanced cold chain infrastructure forms a key component of the Abu Dhabi Food Hub’s broader proposition to support the UAE’s long-term food security ambitions through modern, future-ready trade and supply chain infrastructure. The agreement also signals expanding customer and investor interest in Abu Dhabi Food Hub as construction progresses, and the project advances toward operational readiness by Q4 2026.
As a landmark agreement within the Hub’s commercial development journey, the partnership with Axione Development further reinforces Abu Dhabi Food Hub’s role in shaping a globally connected wholesale and logistics ecosystem for food trade in the region.
Jens Michel, Chief Executive Officer of Abu Dhabi Food Hub, said: “Our objective is to build an ecosystem where traders and supply chain partners can operate with greater efficiency, reliability, and access to modern infrastructure. This agreement with Axione Development marks an important client milestone for Abu Dhabi Food Hub and reinforces the market demand for purpose-built facilities that support the evolving needs of regional and global food trade.”
Mikhail Zarkhi, Managing Partner of Axione Development, said: “We are pleased to partner with Abu Dhabi Food Hub on this strategic development. Our focus is to deliver modern, high-specification cold chain infrastructure that meets the evolving operational requirements of today’s food businesses. Through this project, we aim to support food trade with efficient and reliable infrastructure capabilities that enable business growth, strengthen supply continuity, and contribute to a more resilient food ecosystem.”
Daniel Ilizarov, Managing Partner of Axione Development, said: “This project represents a strategic step in expanding institutional-grade infrastructure within the UAE. We see Abu Dhabi Food Hub as a unique platform combining trade, logistics, and regulatory efficiency, which creates a compelling environment for long-term capital deployment. Our objective is to deliver scalable, high-performance assets that align with global standards and support the continued growth of regional food supply chains.”
Strategically located between Abu Dhabi and Dubai in KEZAD, Abu Dhabi Food Hub is set to become a central gateway for food trade, connecting global supply with regional demand through modern infrastructure, efficient logistics, and a collaborative business environment.
20, May 2026
Virat Kohli, Rohit Sharma Return for Afghanistan ODIs; Ravindra Jadeja Misses Out on Test & ODI Squads
May 20 (BNP): The Board of Control for Cricket in India on Tuesday announced Team India’s squads for the upcoming Test and One-Day International (ODI) series against Afghanistan, with the return of senior batters Virat Kohli and Rohit Sharma for the ODI format emerging as a major highlight.
The squad announcement signals the comeback of two of India’s most experienced campaigners, strengthening the batting line-up ahead of the bilateral contest. Their return is expected to boost both stability and experience in the ODI unit as India prepares for a busy international calendar.
In another significant development, all-rounder Ravindra Jadeja was excluded from both the Test and ODI squads, raising questions over team strategy, fitness considerations, or workload management. The selectors, however, have not officially elaborated on the reason behind his omission.
The selection panel also made notable changes in the wicketkeeping department, with KL Rahul replacing Rishabh Pant in the squad, adding another talking point ahead of the series.
The India-Afghanistan series is expected to provide crucial match exposure and help the team refine combinations across formats, while fans eagerly await the return of Rohit and Kohli in India colours.
20, May 2026
Supreme Court Refuses to Relax Stray Dog Order; Aggressive Rabid Dogs May Face Euthanasia
New Delhi, May 20 (BNP): In a significant ruling on public safety and stray animal management, the Supreme Court of India refused to modify its earlier directive ordering States and Union Territories to remove stray dogs from high-footfall public spaces, including schools, hospitals, bus terminals, and railway stations.
A Bench comprising Justice Vikram Nath, Justice Sandeep Mehta, and Justice N. V. Anjaria observed that public authorities must prioritize citizen safety, particularly in areas frequently accessed by children, elderly persons, patients, and travellers.
The apex court clarified that stray dogs removed from institutional or crowded public spaces cannot be reintroduced into the same areas even after sterilisation and vaccination. Interpreting the Animal Birth Control Rules, 2023, alongside the Prevention of Cruelty to Animals Act, 1960, the court noted that stray dogs do not have an unrestricted or absolute right to occupy all public places irrespective of their nature and usage.
In a stern observation, the court also indicated that aggressive or rabid dogs posing serious risks to human life may be subjected to euthanasia under legal provisions, while warning authorities of contempt action in case of non-compliance with its directions.
The ruling comes amid growing concerns over rising dog bite incidents across the country, with the court acknowledging the need to balance animal welfare with public safety.
20, May 2026
Rethinking Summer Travel: A Shift Toward More Considered Stays
Photo credit: Ananda in the Himalayas
Ananda in the Himalayas (India)
A higher-altitude wellness stay designed for travelers looking for a deeper reset
As travelers place greater value on trips that deliver lasting impact, Ananda in the Himalayas is focusing this summer on longer, more immersive stays, with a seasonal Summer Wellness Offer available from June 1 through July 31, 2026. The program includes savings of up to 40 percent on stays of five nights or more, with fully inclusive pricing that covers accommodation, consultations before and after arrival, personalized therapies, private yoga and meditation sessions, and tailored meals, creating a structured framework for longer, outcome-driven stays.
Set in the Himalayan foothills above Rishikesh, the location naturally lends itself to summer travel. Temperatures are cooler than in much of the region, and the setting feels removed from the intensity of peak-season destinations. Guests follow individualized programs grounded in Ayurveda, yoga, and meditation, often staying for a week or longer to work through specific health and wellbeing goals, from sleep, stress, and burnout to more chronic health conditions such as diabetes or hormonal and metabolic imbalances.
What makes the experience distinct is the sense of structure built into each day, with guided practices and treatments creating a sense of progression over time. As more travelers move away from short trips in favor of something more meaningful, Ananda offers an experience that feels both restorative and purposeful.
This reflects a broader shift toward commitment travel, where time away is designed to deliver lasting results rather than a quick escape.
Photo credit: The Dylan Amsterdam
The Dylan Amsterdam (the Netherlands)
A more relaxed way to experience a European city at the height of summer
Summer in European cities can feel increasingly intense, with packed itineraries and crowded streets leaving little room to enjoy being there. The Dylan Amsterdam addresses this with its Unscripted Summer experience, available from June 21 through September 20, designed to slow the pace and create more space in the day.
Located along the Keizersgracht canal, the 41-room hotel feels notably removed from the city once inside. Guests arrive through a gated entrance into a quiet courtyard, creating an immediate sense of separation from the energy of the city outside. This balance between central location and privacy becomes especially valuable during peak season.
At the center of the experience is a private canal boat journey at golden hour, with a three-course menu served on board and curated across three of the city’s leading kitchens. This is paired with a two-night stay in one of the hotel’s luxury rooms, including daily breakfast at Bar Brasserie OCCO, alongside a more flexible framework that encourages exploration. Complimentary bicycles and personalized walking routes provide a sense of direction without overplanning, while a drink in the hotel’s secluded garden offers a quieter moment to return to at the end of the day.
Amsterdam’s mild summer climate and walkable layout support this more relaxed flow, allowing guests to explore without pressure. For travelers rethinking how they approach city travel, this offers a more flexible and manageable alternative. Increasingly, this points to slower city travel, where travelers pull back from overpacked itineraries and allow more space for spontaneity and ease.
Photo credit: Imperial Hotel, Kamikochi
Imperial Hotel (Japan)
A more balanced way to experience Japan, pairing major cities with a seasonal alpine escape
Japan remains one of the most in-demand destinations, but the pace of travel there is beginning to shift. Instead of moving quickly between cities, travelers are building in time to slow down. The Imperial Hotel portfolio supports this by combining stays in Tokyo, Osaka, and Kyoto with Kamikochi, a mountain resort region in the Japanese Alps that is only accessible during part of the year.
Located at around 1,500 meters, Kamikochi offers a cooler and quieter counterpart to Japan’s major cities. First brought to wider attention in the late 19th century by British missionary Walter Weston, it has since captivated travelers from around the world. At its center is the Imperial Hotel, Kamikochi, which opened in 1933 as Japan’s first mountain resort and remains one of the area’s most iconic stays, with a classic alpine lodge feel and views of the surrounding peaks and river valley. The experience is shaped by the landscape, with walking paths connecting sites such as Kappa Bridge, Taisho Pond, and Myojin Pond. The region welcomes over 1.2 million visitors annually, yet remains carefully managed, with access limited to protect its natural environment and preserve a sense of calm.
Open from mid-April through November 15 this year before closing for winter, Kamikochi brings a strong sense of seasonality to a Japan itinerary. Traveling between major cities and this alpine setting allows for a more balanced and intentional rhythm.
This approach highlights the rise of dual-speed travel, where high-energy exploration is balanced with quieter, more reflective time, allowing travelers to engage more meaningfully with both place and pace.
Photo credit: Hotel Belmar
Hotel Belmar (Costa Rica)
A cooler, nature-driven alternative to traditional tropical summer travel
As summer temperatures rise in many coastal destinations, travelers are increasingly looking toward higher-elevation environments that offer a different kind of tropical experience. Hotel Belmar, set in Costa Rica’s Monteverde cloud forest, provides that shift with a naturally cooler climate and a strong connection to nature. The summer months fall within the region’s green season, bringing fewer crowds and a more vibrant landscape. Instead of peak-season congestion, the experience feels slower and more grounded, making it well suited for travelers looking to spend more time in one place.
Longer stays are encouraged through seasonal offers that weave together wellness, guided forest experiences, and the slower cadence of discovery that define Monteverde. Days unfold in close relationship with the cloud forest, from trails winding through the property and immersions at Belmar’s SAVIA reserve to farm-to-table dining supplied by Finca Madre Tierra, the hotel’s regenerative farm.
For travelers rethinking what a summer trip should feel like, Monteverde offers something distinctly different from a beach escape. The combination of cooler weather and deeper immersion creates a more restorative experience overall.
In turn, it underscores growing interest in nature-led travel, where time away is shaped by connection to the environment and a slower, more deliberate approach.
20, May 2026
NATO Considers Warship Deployment in Strait of Hormuz; Iran Warns of ‘Serious Consequences’
Brussels/Tehran, May 20 (BNP): Rising tensions in the Middle East have intensified amid discussions within the North Atlantic Treaty Organization over a possible maritime security mission in the strategically vital Strait of Hormuz to safeguard commercial shipping routes and regional stability. The move comes as disruptions in the oil transit corridor continue to trigger global concerns over energy security and maritime trade.
Representational image
However, NATO officials clarified that no formal decision has yet been taken regarding the deployment of warships, stressing that any mission would require political consensus among all 32 member nations. Senior alliance officials indicated that discussions remain at a preliminary stage, with several member states reportedly expressing reservations over direct military involvement in the volatile region.
Reacting sharply to reports of a possible foreign naval mission, Iran warned that any expanded military presence in and around the Strait of Hormuz could lead to “serious consequences,” reiterating its opposition to external intervention in regional waters. Tehran has maintained that foreign military deployments risk escalating tensions further in an already fragile geopolitical environment.
The Strait of Hormuz remains one of the world’s most crucial energy corridors, through which a significant share of global oil and liquefied natural gas shipments passes daily, making any disruption a matter of global economic concern.
20, May 2026
Vestian Launches Managed Workspace Platform, Targets 2 Mn Sq Ft Expansion
Bengaluru, May 20 : Vestian has expanded its service portfolio with the launch of Vestian Spaces, an integrated managed workspace platform that brings together workplace strategy, design, project execution, and facility management under a single offering.
The move marks a strategic service line extension for the company as occupiers increasingly shift toward flexible, scalable, and experience-led workplace solutions. Through Vestian Spaces, the firm aims to provide enterprises with end-to-end workplace services across the entire office lifecycle, moving beyond traditional real estate advisory and transaction services.
The company plans to scale the platform to over 2 million sq. ft. within the next three years, targeting major office markets including Bengaluru, Hyderabad, Chennai, Pune, Mumbai, and the National Capital Region.
Unlike conventional coworking and managed office operators that rely heavily on outsourced vendors, Vestian said its platform will operate on a fully integrated in-house model, enabling the company to manage the entire workplace lifecycle internally from advisory and design to execution and ongoing operations.
“Workplaces are no longer viewed as static real estate assets; they have become strategic tools for business performance, talent engagement, and organizational agility,” said Michael Silver, Chairman, Vestian. “With Vestian Spaces, we are bringing together the expertise required to help companies build and operate workplaces that can evolve with changing business needs.”
Shrinivas Rao, CEO, Vestian, said the company sees increasing demand from enterprises looking for integrated workplace solutions.
“Clients today want more than just office space they seek scalable environments that enhance employee experience, support business expansion, and simplify workplace management,” Rao said. “Vestian Spaces delivers a seamless and future-ready workplace experience through a single accountable partner.”
Highlighting the company’s operating model, Ajai Kartik, Executive Vice President, Vestian Spaces said the platform differentiates itself by keeping all core workplace functions in-house rather than outsourcing them to third-party vendors.
“The managed workspace sector has largely evolved around outsourced delivery models. Vestian Spaces takes a fundamentally different approach by offering a fully integrated, in-house operating structure that ensures accountability, consistency, and quality across the workplace lifecycle,” he said.
Industry experts believe the managed workspace segment is entering a new phase of growth as large enterprises increasingly prefer flexible, capex-light office models amid changing workplace strategies and rapid expansion of GCCs in India.
With the launch of Vestian Spaces, Vestian enters the rapidly evolving managed workspace segment, addressing the growing preference among occupiers for flexible, fully managed, and experience-centric office solutions over traditional leasing models.
