24, Sep 2026
Navbharat Niwas Hosts Book Launch Event in Noida with Shri Suniel V. Shetty

Navbharat Niwas Hosts Book Launch Event in Noida with Shri Suniel V. Shetty

Noida, September 24, 2026: Navbharat Niwas Private Limited successfully hosted a special Book Launch and Property Allotment Event at Radisson Blu, Tower One, Kaushambi, bringing together customers, families, partners and members of the real estate community.

The event featured two key highlights: the launch of the book “Trust Is the Real Capital,” published by Truth & Social Publication, and a property allotment ceremony for customers associated with the company’s Rajasthan-based projects. Actor and entrepreneur Suniel V. Shetty attended the book launch as the celebrity guest, while Founder & Director Prince
Dhariwal led the property allotment segment.

The book, centred on the importance of trust in the real estate sector, highlights the significance of transparency, accountability and credibility in customer relationships. Since property transactions often involve substantial financial commitments, the book underlines the role of trust in building long-term associations between real estate companies and their customers.

Speaking on the occasion, Shri Suniel V. Shetty said, “Trust is one of the most important foundations of any lasting relationship, whether in business or in life. A book that highlights transparency, accountability and commitment brings attention to values that matter in every industry, especially real estate.”

The property allotment ceremony, led by Founder & Director Prince Dhariwal, marked an important milestone for customers associated with the company’s Rajasthan-based projects, including Navbharat Shivani Residency Phase-2, Phulera; Shyam Bhumi Phase-1, Khatu Shyam Ji; and Navbharat Shivani Vatika 11th Phase-2.

The ceremony was conducted to acknowledge customer associations and reinforce the company’s stated focus on transparent property transactions, proper documentation and customer-oriented service. The event brought together approximately 200-250 customers and their families, providing an opportunity for direct engagement between the company and its customer community.

Commenting on the occasion, Prince Dhariwal, Founder & Director of Navbharat Niwas Private Limited, said, “The property allotment ceremony represents an important milestone for our customers and our company. We understand that property ownership is built on confidence, transparency and the fulfilment of commitments. Through this event, we wanted to acknowledge our customers’ association with us and reaffirm our focus on responsible and customer-oriented real estate practices.”

The event also highlighted Navbharat Niwas’s presence across emerging real estate markets in Rajasthan, Uttar Pradesh and Uttarakhand. The company’s portfolio includes plotted developments, residential and commercial properties, villas, cottages, townships and resort-related projects.

Founded by Prince Dhariwal and Gaurav Gupta, Navbharat Niwas continues to operate with the leadership of its founders and Co-Founders Shivam Verma and Rohit Nayan. The company has stated its focus on developing property projects in emerging locations and building long-term relationships with customers through its service and execution approach.

The combination of the book launch and property allotment ceremony brought together the company’s focus on trust-based business values and customer milestones. The event served as a platform to introduce “Trust Is the Real Capital” while recognising the customers associated with Navbharat Niwas’s ongoing real estate projects.

24, Sep 2026
Dr. Carlos Afonso Nobre Awarded 2026 Thomas E. Lovejoy Prize for Leadership in Amazon Science and Conservation

Dr. Carlos Afonso Nobre Awarded 2026 Thomas E. Lovejoy Prize for Leadership in Amazon Science and Conservation

Dr. Carlos Afonso Nobre honored with the 2026 Thomas E. Lovejoy Prize for Leadership 
in Amazon Science and Conservation at the Wildlife Conservation Society’s Central Park Zoo, 
Sept. 23, 2026. Credit Terria Clay @ WCS
NEW YORK, Sept. 24, 2026 — Dr. Carlos Afonso Nobre, one of the world’s leading scientists on the Amazon and its relationship to the global climate, has been awarded the 2026 Thomas E. Lovejoy Prize in recognition of more than four decades of groundbreaking science, leadership, and commitment to the future of the Amazon rainforest.
 
The prize was presented Wednesday evening at the Wildlife Conservation Society’s Central Park Zoo during New York City Climate Week. It recognizes an exceptional individual advancing breakthroughs in the conservation of the Amazon through science, vision, collaboration, and respect for natural and cultural diversity.
 
Dr. Nobre has spent his career working to understand the complex relationship between the Amazon rainforest and Earth’s climate. From his early years as a researcher at Brazil’s National Institute of Amazonian Research and his 30 years at the National Institute of Space Research to his current role as Senior Scientist and Professor at the Institute for Advanced Studies at the University of São Paulo, he has combined scientific research with a commitment to collaboration and practical solutions for the rainforest.
 
In the 1990s, Dr. Nobre was among the first scientists to identify and model what is now widely known as the Amazon tipping point — the critical threshold beyond which large-scale forest loss and climate change could disrupt the rainforest’s self-sustaining water cycle and threaten its long-term survival. His research helped transform global understanding of the consequences of deforestation and helped establish the fate of the Amazon as a global climate concern.
 
Dr. Nobre said: “The Amazon Forest is very close to a tipping point that can degrade more than 70 percent of the forest within 30 to 50 years. If deforestation exceeds 20 percent of the total forest—currently it is 18 percent—and global warming reaches 2.0 C—it will warm to 1.5 C by 2030—the tipping point will be reached. We need to implement immediately nature-based solutions: Global TAFF (transition away from fossil fuels) by 2040; zero deforestation, degradation and fires by 2030; large scale forest restoration; valuing Indigenous Peoples and Local Communities’ knowledge; and implementing a socio-bioeconomy of standing forests and flowing rivers. We all want to save the Amazon and our planet.”
 
Dr. Nobre has also helped build many of the institutions and scientific collaborations that have shaped environmental research in Brazil and beyond. He helped design the landmark Large-Scale Biosphere-Atmosphere Experiment in Amazonia and founded the Center for Weather Forecasting and Climate Studies, the Center for Earth System Science, and Brazil’s National Center for Monitoring and Early Warning of Natural Disasters (CEMADEN).
 
As Co-Chair of the Science Panel for the Amazon and through his Amazonia 4.0 initiative, Dr. Nobre has championed approaches that use science and technology to create economic opportunities from the standing forest, including for Indigenous Peoples and local communities, while conserving biodiversity.
 
A contributor to the Intergovernmental Panel on Climate Change (IPCC) and an advisor to international organizations, Dr. Nobre is a member of the Brazilian Academy of Sciences and the U.S. National Academy of Sciences. He also became the first Brazilian scientist elected to The Royal Society in more than a century.
 
The Thomas E. Lovejoy Prize honors the legacy of Dr. Thomas Lovejoy, the world-renowned conservation biologist and passionate champion for the Amazon rainforest who died in 2021. Lovejoy helped bring the concept of biodiversity to global prominence and spent his career bringing together science, advocacy, and collaboration to advance conservation of the Amazon and the natural world.
 
Previous recipients of the Thomas E. Lovejoy Prize are Belén Paez of Ecuador, Marc Dourojeanni of Peru, and Martín von Hildebrand of Colombia. Together with Dr. Nobre, they represent a growing tradition of recognizing individuals whose work, leadership, and commitment are helping secure a future for the Amazon and the people and wildlife who depend on it.
 
Said Sebastian Troëng, Chief Executive Officer of Conservation International: “Carlos Nobre is an incredibly deserving recipient of the Lovejoy Prize — a fitting tribute to a lifetime spent studying our climate and fighting for the Amazon. His work has changed the way that the world sees tropical forests and brought to light the urgency with which we must work together to save them. Carlos embodies what it means to lead for nature: he’s always understood that science serves real people in real places — a blueprint for saving what we cannot afford to lose. He champions the same passion for nature and the people who depend on it that our friend and mentor Tom poured into this work. Congratulations, Carlos, few honors are more well-earned than this one.”
 
Said Claude Gascon, Interim CEO, GEF: “Carlos Nobre has spent more than four decades turning rigorous science into a call to action for the Amazon. His identification of the tipping point fundamentally changed how the world understands the stakes of deforestation. It is a privilege for the GEF to join in honoring a scientist whose work has done so much to protect this extraordinary ecosystem.”
 
“At a time when climate change and biodiversity loss pose enormous risks for communities and economies around the world, Dr. Carlos Nobre’s scientific leadership has helped illuminate both the challenges facing the Amazon and the solutions within reach,” said Jennifer Morris, CEO of The Nature Conservancy.“His work has deepened global understanding of why protecting this extraordinary ecosystem is essential for people, nature, and our shared future. Dr. Nobre’s career exemplifies the power of science, collaboration, and determined action.”
 
Said Dr. Adam Falk, President and CEO of the Wildlife Conservation Society: “Dr. Carlos Afonso Nobre has devoted his career to helping the world understand that the future of the Amazon is inseparable from the future of our climate, biodiversity, and people. His groundbreaking science on the Amazon tipping point has not only sounded an alarm, but helped point us toward the solutions needed to keep this extraordinary ecosystem healthy and resilient. Tom Lovejoy believed deeply in the power of science, collaboration, and determined action to protect the Amazon, and Carlos embodies that legacy.”
 
Said Dr. Carter Roberts, President and CEO of the World Wildlife Fund-US: “Tom Lovejoy dedicated his life to helping the world understand why the Amazon matters. Dr. Nobre has carried that legacy forward through decades of groundbreaking research and leadership. Through years of collaboration, Tom helped inspire and strengthen Dr. Nobre’s conviction that rigorous science must be at the heart of conservation. Some of Dr. Nobre’s most influential work grew out of his close friendship with Tom, whose vision and mentorship helped shape Dr. Nobre’s lifelong dedication to protecting the Amazon. At a time when the future of the Amazon is inseparable from the future of our planet, Dr. Nobre has helped illuminate both the risks we face and the solutions within reach. Like Tom, his work and voice have inspired so many people, far beyond the scientific community.” 
 
The recognition comes at a consequential moment for the Amazon. Climate change, deforestation, fire, degradation, and other pressures are placing increasing strain on the rainforest and the ecological processes it sustains. The science advanced by Dr. Nobre and others has underscored the importance of maintaining a healthy, functioning Amazon for biodiversity, communities across the region, and the global climate.
 
The 2026 Thomas E. Lovejoy Prize is a collaborative effort of Conservation International, the Global Environment Facility, The Nature Conservancy, the Wildlife Conservation Society, World Wildlife Fund, and individual friends of Dr. Lovejoy and of the Amazon.
 
The Thomas E. Lovejoy Prize
The Thomas E. Lovejoy Prize was created by five partner organizations (Conservation International, Global Environment Facility, The Nature Conservancy, Wildlife Conservation Society, World Wildlife Fund) to honor the legacy of Dr. Thomas Lovejoy, who passed away in 2021. Dr. Lovejoy, a renowned expert on biodiversity, was a passionate champion for the conservation of the Amazon rainforest who brought together science and advocacy and a spirit of collaboration to his chosen cause. The prize honors his dedication to the Amazon by acknowledging the achievements of individuals who embody that same spirit and dedication. The Thomas E. Lovejoy Prize is intended to provide a platform for others to learn more about the prize winner’s initiatives and achievements, and to help to inspire a new generation of Amazon conservationists at a time of urgency related to the need to avoid reaching an ecological tipping point in the region. Previous honorees have included: Belén Paez (Ecuador); Marc Dourojeanni (Peru) and Martín von Hildebrand (Colombia).
24, Sep 2026
Odisha Govt Cites Weather, Crop Damage Behind Rise in Food, Vegetable Prices

Bhubaneswar, Sept. 23 (UDN): The Odisha government has attributed the recent increase in prices of vegetables and some essential food commodities to adverse weather conditions, crop damage and broader developments affecting markets at the national and international levels.

Odisha Govt Cites Weather, Crop Damage Behind Rise in Food, Vegetable Prices

 Representational Image

Responding to questions from Opposition MLAs in the Odisha Assembly, Food Supplies and Consumer Welfare Minister Krushna Chandra Patra said the price movement was part of a wider trend being witnessed across India.

The minister said unfavourable weather and flood-like conditions in key vegetable-producing regions had affected crops and contributed to higher prices of several vegetables. He also referred to marginal increases in the prices of pulses, edible oil and onion.

Odisha Prices Below National Average for Several Commodities

According to figures cited by the state government, retail prices of several commodities in Odisha remain below the national average.

The government said arhar dal is 3.13% cheaper than the national average, while moong dal is lower by 4.15%, chana dal by 3.90%, biri dal by 1.75% and potato by 31.87%.

At the same time, prices of some commodities were reported to be higher than the national average. Edible oil prices in Odisha were stated to be around 2.5–3% higher, while onion and sugar prices were 4.96% and 0.48% higher, respectively.

Government Steps Up Market Monitoring

The minister said the government was keeping a close watch on the prices and availability of essential commodities across major markets in the state.

Stock declarations submitted by dal and sugar millers, wholesalers and retailers through the government’s monitoring portal are being scrutinised, while field-level officials are conducting physical verification of declared stocks.

The department and its Market Intelligence Branch are also carrying out inspections to detect and prevent hoarding, black marketing and profiteering, the minister said.

Onion Sold at Rs 35 Per Kg

Amid the increase in onion prices, the state government has facilitated the sale of onions at Rs 35 per kg through mobile vans at different locations, with support from NAFED and NCCF.

The government said the measures are aimed at maintaining adequate supplies of essential commodities and preventing unfair market practices.

The issue of rising food and vegetable prices was raised in the Assembly by MLAs, including Dhruba Charan Sahu and Prakash Soren, among others, prompting the government’s response on the factors contributing to price fluctuations and the steps being taken to regulate the market.

24, Sep 2026
Deep Depression Crosses Coast Near Kalingapatnam, Heavy Rain Batters Southern Odisha

Bhubaneswar, Sept. 24 (UDN): A deep depression over the Bay of Bengal crossed the coast near Kalingapatnam, between Visakhapatnam and Gopalpur, late Wednesday night, triggering heavy rainfall and gusty winds across parts of southern Odisha.

Deep Depression Crosses Coast Near Kalingapatnam, Heavy Rain Batters Southern Odisha

 Representational Image 

The system made landfall at around 11:30 pm, approximately 30 km southwest of Kalingapatnam. The landfall process continued for nearly three hours, accompanied by winds reaching 55–65 kmph.

Although the system has moved inland, its influence is expected to persist over Odisha and neighbouring areas for several hours, bringing further spells of heavy rain and strong winds.

System to Move Northwestwards

The weather system is expected to move northwestwards for about eight hours while maintaining its intensity. It may subsequently take a north-northwestward track and gradually weaken, according to the latest weather assessment.

Several coastal and adjoining districts of Odisha have been experiencing heavy rainfall under the influence of the system. Gusty winds have also been reported in affected areas, while sea conditions remain rough along parts of the coast.

Waterlogging Reported in Low-Lying Areas

Persistent rainfall has led to waterlogging in several low-lying locations, with authorities closely monitoring vulnerable areas.

The combination of heavy rain and strong winds could affect normal movement and local infrastructure in some areas. Residents in vulnerable locations have been advised to remain alert and follow instructions issued by local authorities.

Fishermen Advised to Stay Ashore

With the sea continuing to remain rough, fishermen have been advised against venturing into the sea until weather and marine conditions improve.

Authorities are maintaining close surveillance of the situation as the system moves further inland and gradually loses strength. People in affected districts have been urged to keep track of official weather bulletins and local advisories.

Further rainfall activity is likely over parts of southern and coastal Odisha as the remnants of the system continue to influence the region.

24, Sep 2026
MFs turn selective amid market volatility; Vedanta Aluminium finds favour

Chandigarh, September 24, 2026: Mutual funds adopted a selective approach to equity investments, reassessing portfolios amid concerns around rising interest rates and a large pipeline of initial public offerings (IPOs). Rather than making broad-based sectoral moves, fund managers appeared to differentiate sharply between individual stocks, increasing exposure to companies where they see relatively stronger earnings and growth prospects while reducing or exiting positions in others.

Vedanta Aluminium Metal Ltd (BSE- 544780, NSE- VAML) featured among the stocks finding favour with institutional investors. According to mutual-fund portfolio data compiled by MF Scanner, 54 mutual funds increased or initiated holdings in Vedanta Aluminium in August 2026. The net change amounted to 17.51 million additional shares during the month.

The breadth of participation is notable. SBI Flexicap Fund was the largest buyer of Vedanta Aluminium shares, adding 4.27 million shares, while Aditya Birla Sun Life Large Cap Fund added 4 million shares. SBI Multi Asset Allocation Fund initiated a 2 million-share position, while Bandhan Large & Mid Cap Fund added 1.77 million of the company’s shares. UTI Large Cap Fund increased its holding in Vedanta Aluminium by 1.17 million shares and Nippon India Multi Cap Fund added 1 million shares. Other funds increasing exposure included top names such as ICICI Prudential Multi-Asset Fund, UTI MNC Fund, Abakkus Flexi Cap Fund, Nippon India Vision Large & Mid Cap Fund, Mirae Asset Midcap Fund, Tata Resources & Energy Fund and several others.

Brokerages including Nuvama, Emkay Global, Motilal Oswal, Citi and Investec also rated VAML a Buy.

The institutional interest comes against the backdrop of a strong operating performance from Vedanta Aluminium. In Q1 FY27, the company reported record quarterly revenue of ₹21,105 crore, EBITDA of ₹10,499 crore and Profit of ₹6,597 crore, alongside its highest-ever quarterly aluminium production of 632 kt. Value-added aluminium production reached a record 389 kt, while alumina production increased 41% YoY to 826 kt, reflecting the ramp-up of its expanded capacities.

Beyond the near-term earnings performance, Vedanta Aluminium’s growth is is supported by India’s broader infrastructure and electrification cycle. For instance, India’s transmission expansion could create a significant structural demand opportunity for aluminium, with the National Electricity Plan envisaging more than ₹9.15 lakh crore of investment in transmission infrastructure through 2032. Aluminium consumption in electrical applications is projected to increase from around 2.4 million tonnes in FY24 to 4 million tonnes by FY30, with transmission and distribution accounting for a significant share of domestic aluminium consumption. The resulting demand for electrical-grade aluminium products, including wire rods that the company is the largest producer of in the world, used in cables and conductors, could provide a long-term tailwind for producers with integrated aluminium operations and downstream capabilities. Vedanta Aluminium, with its integrated operations and position across the aluminium value chain, is positioned to participate in this expanding power-infrastructure opportunity.

The company’s exposure to value-added products further strengthens its positioning as aluminium demand evolves. Its downstream portfolio spans wire rods, billets, rolled products and other value-added aluminium products, allowing the company to participate beyond primary metal demand.

The mutual-fund activity therefore comes at an interesting intersection of institutional participation, strong operating performance and a potentially multi-year structural demand cycle. Rather than representing a single-fund portfolio decision, the breadth of funds increasing exposure suggests that different investment strategies are identifying multiple aspects of the Vedanta Aluminium proposition – from earnings momentum and scale to infrastructure-linked aluminium demand and value-added products.

24, Sep 2026
Deep Depression Makes Landfall Near Kalingapatnam, Heavy Rain Continues Across Odisha

Bhubaneswar, Sept. 24 (UDN): Heavy to very heavy rainfall continued across several parts of Odisha on Thursday morning as the deep depression over the Bay of Bengal moved inland after making landfall near Kalingapatnam late Wednesday night.

Deep Depression Makes Landfall Near Kalingapatnam, Heavy Rain Continues Across Odisha

 Representational Image 

The weather system brought widespread rain to southern and coastal parts of the state, with several areas experiencing intense spells since the early hours of Thursday.

Following the landfall, the system is expected to gradually weaken as it moves further inland. However, its associated weather conditions continue to influence rainfall activity over Odisha, prompting authorities and residents to remain alert.

Several districts have witnessed persistent downpours, raising the possibility of waterlogging and disruption to normal life in vulnerable areas. Commuters have also been advised to exercise caution, particularly in areas experiencing intense rainfall.

Rainfall Activity to Continue

The deep depression has intensified rainfall activity over Odisha, with the India Meteorological Department (IMD) monitoring its movement and its impact on the state.

Weather conditions are likely to remain unsettled in several districts through Thursday, with periods of heavy rain expected in areas under the influence of the system.

Authorities in affected districts are keeping a close watch on the situation, particularly in low-lying areas and locations vulnerable to flooding or waterlogging.

Residents have been advised to follow official weather alerts and avoid unnecessary travel during periods of intense rainfall.

The latest weather system comes as Odisha remains under the influence of an active monsoon pattern, with the deep depression adding to rainfall activity across the state.

24, Sep 2026
Odisha Clears Rs 2.47 Lakh Crore Investment Proposals, 50,000-Plus Jobs Expected

Bhubaneswar, Sept. 24 (UDN): Odisha has cleared a major set of industrial investment proposals worth Rs 2,47,115.70 crore, with the projects expected to create 50,162 employment opportunities across the state.

Odisha Clears Rs 2.47 Lakh Crore Investment Proposals, 50,000-Plus Jobs Expected

 Pic Credit: x.com/IPR_Odisha

The proposals were approved at the 46th meeting of the High-Level Clearance Authority (HLCA), chaired by Chief Minister Mohan Charan Majhi, on Wednesday.

The 27 projects will come up across 15 districts, covering sectors ranging from data centres, artificial intelligence and renewable energy to steel, semiconductors, green hydrogen, healthcare, textiles, chemicals, shipbuilding and advanced manufacturing.

Data Centres, AI Drive Major Share of Investment

A significant portion of the proposed investment is concentrated in Odisha’s emerging digital and technology ecosystem. Four projects in the IT, ITES and Data Centre segment together represent an investment of about Rs 1.43 lakh crore.

Among the key proposals is an integrated data centre by High Density Datacentre Limited in Khordha, involving an investment of Rs 1,04,550 crore and potential employment generation of around 1,000.

HCL Technologies Limited has received clearance to establish an AI-optimised data centre in Khordha with an investment of Rs 14,257 crore. The project is expected to provide employment opportunities to around 385 people.

In Puri, Sentraforge AI Ltd will establish an AI data centre along with a Global Capability Centre. The project entails an investment of Rs 22,634 crore and has the potential to generate around 2,320 jobs.

Another data centre project, proposed by RKD Construction Private Limited in Cuttack, has been cleared with an investment of Rs 1,500 crore and potential employment generation of 220.

The approvals are expected to strengthen Odisha’s digital infrastructure, while supporting the growth of data centres, artificial intelligence, Global Capability Centres and technology-enabled services in the state.

Renewable Energy Projects Also Get Clearance

The HLCA also approved four projects in the power and renewable energy sector, together involving an investment of Rs 54,287.70 crore and potential employment generation of approximately 5,300.

With investments spread across 15 districts, the latest clearances are expected to support industrial expansion beyond Odisha’s major urban and industrial centres and create new opportunities across multiple sectors.

The latest round of approvals underscores the state’s focus on attracting large-scale investments in both traditional industries and emerging sectors such as AI, clean energy, advanced manufacturing and green technologies.

24, Sep 2026
Chief Minister Mohan Charan Majhi Visits Speaker Surama Padhy at AIIMS Bhubaneswar

Bhubaneswar, Sept. 24 (UDN): Chief Minister Shri Mohan Charan Majhi today visited the All India Institute of Medical Sciences (AIIMS), Bhubaneswar, to meet the Hon’ble Speaker of the Odisha Legislative Assembly, Smt. Surama Padhy, who is currently undergoing treatment at the hospital.

Chief Minister Mohan Charan Majhi Visits Speaker Surama Padhy at AIIMS Bhubaneswar

 Pic credit:x.com/MohanMOdisha

During the visit, the Chief Minister enquired about her health and interacted with the attending doctors to assess her medical condition and progress. He emphasized that all necessary medical care and support should continue to be ensured for her recovery.

The Chief Minister prayed to Lord Jagannath for Smt. Surama Padhy’s speedy recovery and wished her good health and well-being.

24, Sep 2026
Copper Announces Leadership Transition and New Management Team for Next Phase of Growth

Elin Cherry and Sam Goh appointed Co-CEOs to lead Copper through its next phase of growth, with a focus on product development and the evolving needs of institutional clients

London, Sept 24- Copper, the builder of blockchain-based infrastructure for secure and efficient collateral mobility across capital markets, announced a new management structure to lead the next phase of its growth, building on recent progress across its regulatory footprint, institutional offering and market infrastructure. To lead this next phase, Copper has appointedElin Cherry andSam Goh as Co-Chief Executive Officers, withAmar Kuchinad, Copper’s current CEO, moving to an advisory role.  

Elin currently serves as Copper’s Chief Compliance Officer. She brings over thirty years of experience across compliance, regulation and business leadership at broker-dealers, banks and digital asset firms, including Société Générale, Deutsche Bank and Bank of America. Sam has served as Copper’s Chief Financial Officer since 2023 and brings extensive experience in commercial strategy, financial leadership and scaling high-growth businesses in the Fintech sector.

Mike Kuehnel, Copper Chairman, said, “Elin and Sam bring highly complementary experience across institutional markets, strategy, regulation and finance, together with a deep understanding of Copper and its clients. As digital assets and traditional capital markets increasingly converge, Copper is exceptionally well positioned to play a leading role in building the global financial infrastructure institutions will need. The Board has full confidence in Elin and Sam to lead Copper through this next phase. I would also like to thank Amar for his leadership and significant contribution to Copper, and I am pleased that we will continue to benefit from his experience through the transition.”

Matthias Winter, currently Head of Legal, EMEA at Copper, has been appointed as Chief Legal Officer, further strengthening the leadership team across regulatory, financial, legal and operational functions. As Copper advances its next phase of development, its Board of Directors, which includes Chair Mike Kuehnel and founderDmitry Tokarev, provides strategic guidance to Copper’s leadership team, with a particular focus on product development and growth strategy.

Elin Cherry, incoming Co-Chief Executive Officer at Copper, said, “Copper has built strong regulatory and institutional foundations to serve clients at scale. Our focus now is to build on that position as institutional digital asset markets develop, while continuing to evolve our product strategy around the needs of our clients. I am looking forward to leading that next phase alongside Sam and the wider team at Copper.”

Sam Goh, incoming Co-Chief Executive Officer at Copper, said, “Copper has a clear opportunity to build on the momentum we have created. For me, that means bringing together the trust and rigour institutions expect with the innovation and speed that digital asset markets demand. I look forward to working closely with Elin and the wider team as we lead Copper into this next chapter.”

Copper has continued to strengthen its institutional and regulatory footprint in 2026. Copper Markets (US) Inc., an SEC-registered broker-dealer, became a FINRA member, establishing Copper as a Qualified Custodian in the world’s largest capital market. The milestone also laid the foundation for Copper’s U.S. offering across qualified custody, staking, financing solutions, and collateral management solutions, as well as access to the ClearLoop Network, Copper’s shared collateral management layer that connects custodians, prime brokers, trading venues and post-trade infrastructure providers.

Amar Kuchinad, CEO, Copper said, “Copper has built a strong institutional platform and made important progress across regulation, product and market infrastructure. Elin and Sam bring the experience and perspective to lead the business through its next phase of growth, and I look forward to supporting them as Copper continues to build and deliver for its clients.”

The appointments took effect on September 21, 2026.

 

24, Sep 2026
ASG Power appoints Samir Habboosh as engineering manager

Experienced engineering leader brings 25 years of expertise in engineering, manufacturing and product development 

ROCKY HILL, Conn. — ASG Power has appointed Samir Habboosh as engineering manager, bringing 25 years of engineering, manufacturing and product development experience to the company.

Habboosh will lead ASG Power’s engineering team in the design and development of machine control panels, power distribution equipment, switchgear, switchboards, motor control centers and other electrical systems. He will also oversee customer technical relationships from product development through production.

Before joining ASG Power, Habboosh served for eight years as director of R&D and product development, managing global R&D and engineering activities and supporting business development in the Department of Defense, aerospace and government markets.

Habboosh holds 23 patents and received the 2005 Frost & Sullivan Product Innovation Award for Aerospace Sensors. His experience spans aerospace, medical, electronics, food, personal products, oil and gas and X-ray systems.

“Samir brings extensive engineering expertise and leadership experience to ASG Power,” said Dan Burke, general manager of ASG Power. “His background across complex industries will be a tremendous asset to our team and our customers.”

Habboosh holds an MBA from Pennsylvania State University, an MS in mechanical engineering from the University of Rhode Island and a BS in mechanical engineering from the University of Massachusetts Dartmouth. He resides in Hamden, Connecticut.