Category Archives: Business

Digitide posts record INR 800 crore quarterly revenue in Q4FY26

Bengaluru, May 19 : Digitide Solutions Limited  an AI-first digital transformation partner for global enterprises, today announced its audited financial results for the fourth quarter and full fiscal year ended March 31, 2026.

Key Financial & Operational Highlights

Q4 FY26 Performance (Sequential QoQ Progress)

• Revenue Expansion: Consolidated revenue reached an all-time high of ₹800 Cr, growing 2.5% sequentially and 9.2% year-on-year, marking five consecutive quarters of forward momentum.
• High-Margin Tech & Digital Growth: Climbed 5.8% sequentially (and 27.2% YoY) to ₹249 Cr, expanding its share to 31.1% of the total business mix.
• International Acceleration: Expanded 4.3% sequentially (and 16.4% YoY) to ₹304 Cr, with international business scaling to 38.1% of revenue.
• EBITDA & Operating Leverage: EBITDA stood at ₹88 Cr, broadly stable sequentially, with an EBITDA margin of 11.0% after absorbing the impact of the new wage code (~₹4 Cr).
• Robust Balance Sheet & Cash Conversion: Delivered an exceptional operating cash flow of ₹145 Cr, representing 165% of EBITDA. Working capital cycles optimized sharply with Days Sales Outstanding (DSO) reducing to 75 days. Net cash stood at ₹182 Cr, up 46% sequentially from ₹125 Cr in Q3, ensuring an unencumbered runway for growth.
• Commercial Booking Momentum: Total Contract Value (TCV) bookings reached ₹620 Cr, marking the second consecutive quarter of 600Cr+ TCV. The company added 29 key logos during the quarter, including 8 international logos.

Full Year FY26 Performance

• Revenue: Stood at ₹3,080 Cr, up 7.1% year-on-year.
• Tech & Digital Shift: Tech & Digital revenue grew to ₹910 Cr, representing 29.6% of the overall business mix.
• EBITDA: Reached ₹343 Cr with a full-year EBITDA margin of 11.1%.
• Adjusted Profitability: Adjusted PAT (excluding non-recurring transitional items) stood at ₹11 Cr for Q4FY26 and ₹70 Cr for the full year.

Highlights for the Fourth Quarter and Fiscal Year Ended March 31, 2026

Financial Performance

Adjusted PAT excludes exceptional / one-time items.

Q4 FY26 exceptional items stood at ~₹16 Cr, mainly including wage code-related impact. For FY26, exceptional items totalled ~₹65 Cr, primarily comprising wage code impact of ~₹41 Cr, demerger-related costs of ~₹23 Cr

FY25 exceptional items were demerger-related and amounted to ~₹25 Cr.

Segment Performance

Geographical Highlights

High-Value Commercial AI Execution & Strategic Moats

Digitide continues to aggressively monetize its AI capabilities, shifting from pilots to large-scale, production-ready enterprise engagements.

• Landmark Global AI Win & Tier-2/3 Strategy: Digitide has secured multiple milestone enterprise AI engagements, headlined by winning a mandate to establish a dedicated AI Center of Excellence (CoE) for a Global P&C Insurance major across Bengaluru and Coimbatore. The selection of Coimbatore underscores Digitide’s early, deliberate bet on Tier-2 and Tier-3 cities, which has now crystallized into a structural competitive advantage. By building deep engineering roots in these hubs, Digitide bypasses the severe talent attrition and escalating cost pressures of primary metros. This provides clients with a highly stable, elite, and cost-optimized delivery model for complex automation workloads.
• Proprietary AI IP: This multi-location CoE leverages Digitide’s proprietary Pulse.Nerve, an advanced agentic framework powered by Model Context Protocol (MCP). In production environments, Pulse.Nerve is already delivering over 40% productivity gains and up to 3x faster deployment cycles.
• Hyperscaler Alliances: Growth was further fortified by deep, formalized co-sell pipelines across AWS, Microsoft Azure, and Google Cloud, specifically targeting cloud transformation and advanced Data & Analytics architectures.
• Industry-Leading Talent Retention: Providing a steady framework for this execution is Digitide’s world-class workplace environment. The company was officially Ranked 3rd among India’s Best Workplaces™ in Health & Wellness 2026: Companies that Care by Great Place to Work India, alongside celebrating its seventh consecutive year of Great Place to Work certification.

Gurmeet Chahal, Chief Executive Officer of Digitide Solutions Limited, stated:

“We have closed our first year as an independent listed entity on a strong note, demonstrating our ability to execute with intense operational discipline in a complex global environment. Our fifth consecutive quarter of sequential revenue growth to ₹800 Cr, paired with a massive 27.2% YoY surge in Tech & Digital, validates our rapid repositioning into an AI-first digital leader. Our commercial booking momentum remains stellar, with ₹620 Cr in Q4 TCV and the acquisition of 29 high-caliber logos. 

Our milestone enterprise AI CoE win for a Global P&C Insurance giant validates our deep domain verticalization and our early localization strategy in Tier-2 and Tier-3 hubs like Coimbatore. As we pivot into FY27, our priorities are absolute: scale high-value services, deepen our alliance pipelines with hyperscalers, expand our international footprint, and rigorously cultivate our talent ecosystem to sustain high-velocity revenue growth and compound long-term shareholder value.” 

Suraj Prasad, Chief Financial Officer of Digitide Solutions Limited, added:

 “Our performance this quarter underscores a structurally improving business mix and continued operating discipline, with EBITDA at ₹88 Cr and EBITDA margin at 11.0%. Our focus on aggressive working capital optimization yielded an extraordinary operating cash flow of ₹145 Cr, converting a stellar 165% of our EBITDA, while successfully lowering our DSO to 75 days.

With our net cash climbing 46% quarter-on-quarter to ₹182 Cr, our balance sheet is rock-solid. Having fully absorbed our one-off transitional and wage restructuring items in FY26, we enter FY27 with a clean financial architecture and robust liquidity, giving us total flexibility to fund disciplined, high-return growth initiatives.” 

Way Forward: Strategic Growth Vectors for FY27

As Digitide enters FY27, the organization is pivoting from a year of intense foundation-building to a phase of disciplined, non-linear acceleration. Capitalizing on the structural momentum built through FY26, the company’s execution roadmap is anchored to four high-impact strategic vectors:

• Monetizing Enterprise AI at Scale via Hybrid Delivery Hubs: Digitide will aggressively scale its AI-first positioning by duplicating the milestone multi-location Center of Excellence (CoE) framework established in Q4. By expanding complex workloads into established Tier-2 and Tier-3 talent hubs like Coimbatore, the company will optimize its delivery cost architecture while shielding clients from metro-centric attrition pressures. Production delivery will continue to be accelerated through proprietary IP, including the Pulse.Nerve agentic framework, to lock in structural speed and productivity advantages.
• Driving High-Value, Partnership-Led International Growth: The company will leverage its healthy sales pipeline and formalized alliances across all three major hyperscalers — AWS, Microsoft Azure, and Google Cloud — to accelerate double-digit revenue growth, led by North America and priority international markets. GTM efforts will be reinforced by sharper verticalization across primary industries like Property & Casualty (P&C) Insurance and Healthcare.
• Amplifying Operational Leverage & Margin Expansion: To hit the targeted 100 basis point margin expansion by FY27 exit, Digitide is institutionalizing rigorous sales governance, tighter delivery discipline, and an organizational culture focused on speed and accountability. This operational focus is designed to protect project yields, maintain low DSO cycles, and maximize operating cash flows to ensure consistent quarter-on-quarter profitability gains.
• Nurturing Talent Excellence as an Execution Moat: Recognizing that specialized engineering talent is the critical dependency for digital transformation, Digitide will continue deep capability investments through its advanced upskilling academies. By maintaining its status as one of India’s Top 10 Best Workplaces™ in Health & Wellness, the company ensures high execution predictability and an elite retention profile to capture expanding enterprise market share.

Backed by a highly differentiated solutions portfolio, robust balance sheet liquidity, and exceptional customer trust, Digitide is strongly positioned to drive compounding, sustainable growth and maximize long-term stakeholder value in the year ahead.

Findability Sciences Launches Rapid AI Readiness Assessment for Dairy Plants

India, May 19: Findability Sciences today launched the LactaAI™ Discovery and Readiness Assessment, a self-serve diagnostic built for dairy plant leaders who want a clear picture of where AI can deliver measurable value, without the months-long discovery cycle that typically precedes enterprise AI projects. 

The assessment runs in minutes, not months, and gives operations leaders, plant heads and CXOs three answers: where value is leaking across yield, energy, downtime, quality and reporting; whether existing systems (PLCs, SCADA, MES, ERP, LIMS) are ready to support AI; and where to start for the fastest, clearest return. 

“Most plant heads can name three places they’re losing money. What they cannot do is prove it fast enough to act,” said Anand Mahurkar, Founder and CEO, Findability Sciences. “This assessment closes that gap in minutes, not months. A plant leader walks out of it knowing exactly where AI can make a dent first, and what their systems will actually support.” 

The timing matters. Dairy processors globally are under pressure from tightening margins, rising energy costs and increasingly complex supply chains. The global dairy processing equipment market is projected to grow from USD 12.73 billion in 2025 to USD 17.36 billion by 2031 (Source: Mordor Intelligence), as operators accelerate the push toward smarter, higher-yield production. 

LactaAI is built around what Findability Sciences calls the data-to-decision gap: the lag between data existing inside a system and that data actually changing an operational call. The platform integrates plant-floor and enterprise data to surface not just what is happening, but why, and what needs to change. Deployments in comparable industrial environments have delivered 0.4 to 0.6 percent yield improvement, 8 to 15 percent energy recovery in utilities, and time-to-value in 6 to 10 weeks. Findability Sciences estimates large dairy operations can unlock between USD 1 million and USD 4 million in annual value per plant, depending on scale and product mix. 

About LactaAI LactaAI is Findability Sciences‘ industrial intelligence platform for dairy and whey processing. It covers milk, cheese, whey protein, lactose, drying, packaging, utilities, quality and enterprise operations, spanning both the plant floor (Lacta Insight) and the business layer (Lacta BPC). 

Keto Motors Debuts on Bombay Stock Exchange

Hyderabad, May 19: Keto Motors, a Hyderabad-based commercial electric vehicle manufacturer focused on sustainable mobility solutions, has debuted on the Bombay Stock Exchange (BSE) following the successful completion of its reverse merger with Taaza International Limited. The listing strengthens the company’s access to public capital markets as it expands manufacturing capabilities, electric bus development and commercial EV operations across India. 

The reverse merger, approved by the National Company Law Tribunal (NCLT), Hyderabad Bench in June 2025, enabled the transition of Taaza International Limited into Keto Motors Limited, subject to applicable regulatory and exchange compliances.

The listing comes as Keto Motors continues to scale its electric commercial mobility business through key initiatives including its INR 300 crore electric bus manufacturing project in Telangana and the upcoming commercial rollout of its Urbanova KE9 9-metre electric bus platform.

Keto Motors continues to strengthen its technology and manufacturing capabilities through its strategic association with TRON Energy Technology, a Taiwan-based EV technology provider with expertise in electric mobility and sustainable transportation systems. Through this collaboration, the company gains access to advanced battery systems, powertrain solutions and chassis engineering technologies for commercial EV platforms. 

Commenting on the listing, Mr. Venkatesh Challa, Director, Keto Motors, said: “Our BSE debut marks an important milestone in Keto Motors’ journey as we continue building a scalable electric commercial mobility business in India. This development strengthens our ability to expand manufacturing capabilities, accelerate product innovation, and support the growing adoption of sustainable transportation solutions across the country. We believe India’s commercial EV sector is entering a transformative phase, and Keto Motors is well-positioned to contribute meaningfully to this transition.”

He further added, “To all our shareholders, I would like to convey that this journey is not only about business growth, but also about contributing to India’s progress. We remain committed to building cutting-edge technology, world-class manufacturing capabilities, generating employment, and advancing sustainable mobility solutions that can play a meaningful role in the country’s growth story.”

The company is focused on addressing growing demand from State Transport Undertakings (STUs), institutional fleet operators, employee transportation providers, and urban mobility networks transitioning toward zero-emission transportation systems.

Keto Motors recently secured CMVR Type Approval certification for its Urbanova KE9 electric bus and is preparing for commercial deployments across multiple mobility applications. Manufacturing operations are being developed at the company’s integrated facility in Jadcherla, Telangana, which is expected to support advanced electric bus production and future scale expansion.

With India’s commercial EV transition accelerating, Keto Motors aims to strengthen its position across electric bus manufacturing, fleet mobility solutions and sustainable transportation infrastructure. 

Bricks & Minifigs® Launches Exclusive Customizable MOC Wall Clock and Nationwide Contest with Santoki, Distributor of LEGO®-Licensed Products

OREM, UTAH and AUBURN HILLS, MI— MAY 18, 2026 — Bricks & Minifigs®, an authorized LEGO® reseller specializing in buying, trading, and selling LEGO products and Santoki, US distributor of LEGO licensed LED lights, stationery and clocks, today announced a new national partnership celebrating the creativity of the LEGO MOC Wall Clock. The launch features a nationwide in-store building contest designed to create an in-store creative activity across all ages. The contest will run across more than 240 Bricks & Minifigs franchise locations in the U.S. from May 15 to July 14, 2026, to give communities across the country the opportunity to participate. The customizable MOC Wall Clock will be available for purchase in Bricks & Minifigs and LEGO Store locations during the promotional period.

“As Bricks & Minifigs continues to expand nationally and deepen our direct relationship with LEGO, we are thrilled to bring fun collaborations with Santoki and other official partners directly to consumers in our stores,” said Ammon McNeff, CEO of Bricks & Minifigs. “We love seeing local communities come together in our stores to participate in events, and this contest creates an exciting opportunity for customers to showcase their creativity while enjoying a family-friendly experience.”

How the contest will work:
Participants are invited to visit a Bricks & Minifigs store location to design a custom clock, photograph their completed creation, and submit their entry by scanning the provided QR code. Additionally, participants are encouraged to share their creations through social media using the #SantokiMOCClock.

The contest is open to builders of all ages; however, entries created by minors must be submitted by a parent or legal guardian. Entries will be reviewed by a team of judges evaluating the designs on creativity, functionality, and overall LEGO clock content to reach a decision for the top 10 finalists. Those selected will advance to a public voting round hosted on Santoki’s social media, allowing the LEGO community to help determine the winners. NO PURCHASE NECESSARY. Open to legal U.S. residents (50 states + DC). Ends July 14, 2026. Void where prohibited. Sponsored by Santoki. See Official Rules at https://santoki.com/pages/clockcontestrules

Grand Prize:
The Grand Prize winner will receive a $550 Bricks & Minifigs gift card. Additional prizes will be awarded to top placements and finalists, with total prize value exceeding $1,000, along with swag and promotional items.

This clock marks the first release in Santoki’s newest product line, LEGO Time by IQHK™, with additional clocks expected to roll out in the future.

“Our partnership with Bricks & Minifigs was a natural fit for this launch,” said Beth Muehlenkamp, VP of Product & Marketing at Santoki. “Bricks & Minifigs is widely known for its bins of bulk bricks, which create the perfect opportunity for customers to personalize a MOC clock that is entirely unique to their vision. The MOC Wall Clock is where creative expression meets timekeeping as fans can create again and again for the theme that best fits their room or mood. This is the first-ever national contest we have done, and we are excited to see the unmatched creativity of Bricks & Minifigs customers come to life.”

EngageRM solves critical operational challenge for minor league franchises through Everett Silvertips partnership

Everett, Washington: 18 May 2026 – EngageRM, Microsoft’s preferred CRM partner in sports and entertainment, has announced a new partnership with the Everett Silvertips, delivering a purpose-built solution to the distinct operational challenges faced by North American minor league franchises.

New partnership showcases how a global, Microsoft-aligned platform is tailored to the unique commercial model of minor league sport

Competing in multiple hockey leagues, the Silvertips operate within a model that demands high efficiency across season memberships, ticketing, and commercial partnerships – often with leaner teams and tighter resource constraints than their major league counterparts. EngageRM’s platform has been selected to address this complexity, unifying these core functions into a single, scalable system designed to simplify operations while unlocking new commercial value.

Rather than a one-size-fits-all approach, this partnership highlights EngageRM’s ability to adapt its globally proven platform to the specific needs of different sporting tiers. Minor league organisations, in particular, require flexible, integrated solutions that reflect their reliance on membership-driven revenue and community engagement—areas where EngageRM has deep, established expertise.

“Minor league teams face a unique set of operational and commercial challenges that aren’t always addressed by traditional enterprise systems,” said Adam Boyle, Chief Operating Officer at EngageRM. “As Microsoft’s chosen partner in sport, we’ve built a platform that combines global scale with the flexibility to solve these more nuanced challenges—bringing memberships, partnerships, and fan engagement into one connected ecosystem that works for organisations of any size.”

“EngageRM stood out because they understand the realities of how we operate,” said Zoran Rajcic, Chief Operating Officer at Everett Silvertips Hockey Club. “We need a system that can streamline our membership processes, support our partners, and ultimately help us deliver a better experience to our fans. This partnership gives us that foundation.”

EngageRM’s modular platform, spanning memberships, partnerships, events, and advanced data capabilities, continues to support organisations globally in replacing fragmented systems with a unified, scalable solution. Its ability to flex across different markets and operating models ensures teams can modernise their infrastructure without compromising on the specific needs of their organisation.

Comau Enters into a Binding Agreement to Acquire Invent Smart Intralogistics Solutions

Turin, São Paulo – May 18, 2026 – Comau has signed a binding agreement for the acquisition of Invent, a Brazil-based company specializing in intralogistics and warehouse automation solutions, with a strong focus on e-commerce and high-throughput distribution environments. The closing of the transaction is subject to the satisfaction of customary conditions regarding transactions of this type, including necessary regulatory approvals, and is expected to occur in the third quarter of 2026. Under the terms of the agreement Comau will acquire 100% of Invent shares.

After the acquisition of Automha, the binding agreement to acquire Invent represents a further step in Comau’s international expansion strategy and growth plan, which focuses on expanding competencies through the integration of complementary technologies and expertise.

The planned acquisition will complement the existing Comau–Automha ecosystem, reinforcing the companies’ fully integrated 360° automated warehouse and logistics offering. Combining Automha’s storage technologies with Invent’s intelligent orchestration software will allow Comau to further deliver fully integrated, AI-driven material handling solutions that span storage and order fulfillment to execution and intelligent flow management, thus accelerating implementation timelines while increasing system responsiveness and efficiency. In parallel, Invent will be able to scale-up and further develop its business by leveraging a broader geographical footprint and in-house technology competencies. Moreover, given that Comau and Invent are fully complementary, the relationship will strengthen the mutual portfolio of projects.

The acquisition will extend Comau’s global operations, with an enhanced presence in Latin America and in the U.S. mid-market intralogistics segment, both of which are characterized by strong demand for automation and potential CAGR of 13% over the next three to five years.

To ensure business continuity, Invent will continue to operate with the same structure, management and strategic vision.

“Expanding Comau’s capabilities through innovative companies such as Invent is a central pillar of our international growth strategy aimed at diversifying our competencies and technologies in different markets,” said Pietro Gorlier, CEO of Comau. “After the full integration of Automha, a leading Italian solutions provider in the fast-evolving Intralogistics market, the acquisition of Brazil-based Invent will generate further synergies, adding yet another element to our ability to connect storage and material handling with production. This is another concrete step in strengthening Comau’s position as a global automation hub.”

“By joining Comau, Invent will gain the opportunity to accelerate its growth while expanding the reach of its intralogistics solutions within a broader, global automation ecosystem,” said Leonardo Araki, CEO of Invent. “This agreement also allows us to combine our expertise with Comau’s advanced automation capabilities, creating new possibilities to enhance innovation, broaden our scale and deliver increasingly efficient and integrated logistics solutions to customers worldwide.”

AD Ports Group Further Consolidates its Global Logistics Platform with the Acquisition of MBS Logistics

Abu Dhabi, UAE – 18 May 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, today announced that it has signed an agreement to acquire MBS Logistics, a Germany-based global integrated logistics services provider, for an Enterprise Value of AED 300 million (EUR 70 million). The acquisition entails 100% ownership of MBS Logistics’ core business, excluding the company’s joint ventures, and represents another significant step in the Group’s strategy to enhance operational scale, manage larger volumes, and expand its global footprint.

MBS Logistics reported revenues of AED 870 million (EUR 205 million) in 2025 with industry margins, reflecting a diversified and asset-light business model, with core freight forwarding operations in Germany and Central Europe, and an established network across China, Vietnam and the USA.

The move builds on strong foundations and a global network established by Noatum Logistics, the Group’s logistics arm. Under the leadership of Jochen Thewes, the recently appointed CEO of its Logistics Cluster, the Group is pursuing an expansion strategy that combines organic growth with targeted, value accretive acquisitions.

The addition of MBS Logistics provides an important entry point into the vital Central European market through its well‑established network across key German multimodal logistics hubs, while broadening the Group’s trade lane offering. The combination increases network density and unlocks meaningful revenue and cost synergies through cross‑selling opportunities, greater procurement scale, and improved cost efficiency by managing shipments within the combined network. 

Jochen Thewes, CEO of the Logistics Cluster, AD Ports Group, said: “Bringing MBS Logistics into our ecosystem is the right move at the right time, especially as markets seek greater connectivity and resilience in an evolving global trade and logistics landscape. It provides us with an established operating platform with deep expertise and immediate access to key Central European and global logistics corridors. As the world’s third‑largest trading economy, Germany offers a strong domestic base and plays a central role in trade with the world’s leading economies. Linking it to our wider network will help us capture greater volumes, drive more competitive rates, and deliver the reliability our clients expect. Ultimately, the combined strengths of both organisations will allow us to raise our game and compete more effectively for major global accounts.”

With close to forty years of industry experience, MBS Logistics adds to the Group a network of 26 offices worldwide and a global team of over 450 professionals. The addition greatly supplements Noatum Logistics’ network of over 80 own offices located across 26 countries, supported by a team of over 4,250 industry specialists. MBS Logistics’ core freight forwarding services span air, ocean, road and rail transport, complemented by contract logistics, project cargo, customs and compliance, and time-critical multimodal solutions.

The company serves a wide range of industries including aerospace, automotive, apparel & footwear, retail & consumer goods, home furniture, e‑commerce, engineering, technology, FMCG, healthcare and several other key sectors. While aerospace represents a new segment for the Group, MBS Logistics’ exposure to the automotive sector across Central Europe enhances the Group’s logistics offering in an industry regarded as a key business driver.

Its core freight‑forwarding operations are anchored in Germany, giving the Group immediate access to major European logistics hubs. The country’s position as a key European and global logistics gateway provides a strong platform for further expansion across continental Europe, including the Nordics, BENELUX, Switzerland and Eastern Europe.

In addition, MBS Logistics’ presence across China and Vietnam further enhances the Group’s ability to manage greater cargo volumes on Europe-Asia and Trans-Pacific routes. It also operates offices on the USA’s eastern seaboard, furthering connectivity along Trans-Atlantic trade lanes.

Completion of the acquisition is subject to EU regulatory approvals and is expected to close in H2 2026.

Rōti Modern Mediterranean Debuts in London, Expands in Atlanta with First Global Rōti Day

ATLANTA, May 18, 2026 – Rōti Modern Mediterranean®, the fast-casual Mediterranean restaurant concept part of Edible Brands®, is turning its latest expansion into a global brand moment.

The company announced the launch of Global Rōti Day, a new annual celebration held on May 19. The event coincides with the brand’s strategic entry into the London market through three delivery-first kitchens, alongside an expansion in the Atlanta region with a new delivery-first store opening in Smyrna. Together, this moment introduces Rōti to new guests in the United Kingdom and United States while building awareness. The London locations also establish a foundation for future international growth.

Global Rōti Day was created to bring new and existing guests into the brand through a one-day-only, buy-one-get-one chef-curated bowl offer available in-store, online, via the Rōti app on the Apple Store and Google Play and through third-party delivery platforms such as DoorDash, Uber Eats and Grubhub. The first 50 guests at Rōti’s 17 traditional storefront restaurants will receive a limited-edition Rōti tote bag and a free beverage for a year. Participating restaurants will also feature spin wheel giveaways with prizes including free hummus and pita, branded T-shirts, a jackpot prize package, free cookies or $3 off a future entrée. In addition, guests ordering from Rōti’s delivery-first kitchens in London and Atlanta will receive $5 off future orders through the app or online. Across markets, guests are also invited to share how they Rōti with #ShowUsHowURōti on social media.

“What makes Rōti work is simple. It’s bold food, real hospitality and shows up the same way every time,” said Matthew Walls, president and chief stores officer of Edible Brands. “Atlanta is about building depth in a market we not only work in, but live in and believe in. London is about proving this brand can travel. Global Rōti Day lets us do both at once. We’re giving people a reason to try us, and once they do, that’s where it gets real. They connect with the food and the people behind it, and that’s what brings them back.”

Rōti’s London entry and Atlanta-area expansion reflect a broader strategy grounded in adaptability. The brand is growing through a mix of traditional restaurants and delivery-first kitchens, allowing it to enter new markets efficiently, generate early demand and meet guests through the channels they already use. The model supports a capital-conscious approach to expansion while maintaining a consistent guest experience.

For Edible Brands, Rōti represents a distinct growth opportunity within a portfolio built around food, hospitality and consumer connection. The brand benefits from shared infrastructure, including supply chain, technology and operational support, while maintaining its own identity.

“Rōti is a big part of where we are going as a company,” said Somia Farid Silber, chief executive officer of Edible Brands. “At Edible Brands, we are building a platform that brings together different food experiences in a way that feels relevant to how people eat and connect today. Rōti gives us the opportunity to do that in a new category, with a brand that can grow across markets and formats. Global Rōti Day is an example of how we bring that to new guests while continuing to build something that can scale over time.”

Union Health Secretary Punya Salila Srivastava Releases Special INR 60 Commemorative Coin to Mark HLL Diamond Jubilee

GE Aerospace Accelerates India Manufacturing Growth with 100 Crore Pune Investment

Pune, India, May 18: GE Aerospace today announced an investment of INR 100 Crore in its Pune manufacturing facility, further strengthening its manufacturing footprint in India and reinforcing its long-term commitment to the country. The investment will support new welding technologies, advanced inspection equipment, precision tools, gauges, fixtures, and additional infrastructure enhancements designed to increase production capacity, enhance process precision, and support the delivery of high-quality components for customers worldwide.

This latest investment builds on the INR 410 Crore announced over the last two years, bringing GE Aerospace’s total investment in the Pune facility to more than INR 510 Crore over three years. Previous investments were focused on advancing manufacturing processes, automation, and capability enhancements supporting next-generation engine components. The latest upgrades will further expand the facility’s capabilities and support component production across GE Aerospace’s GE90, GEnx, GE9X, and CFM International’s LEAP engine programs.

“This continued investment reflects GE Aerospace’s long-term commitment to India and our confidence in the Pune facility’s role within our global manufacturing network,” said Vishwajit Singh, Managing Director, Pune manufacturing facility, GE Aerospace. “Our continued growth is a win for our customers and the broader community, driving more apprenticeship and job opportunities at GE Aerospace and for our supplier partners. Over the past decade, this facility has grown into a high capability aerospace manufacturing hub, strengthening India‘s supplier ecosystem and contributing to GE Aerospace‘s global supply chain.”

GE Aerospace’s Pune manufacturing facility is a key part of the company’s global supply chain, producing critical components for commercial aircraft engines.  The facility works with more than 300 suppliers locally across a broader network of over 2,200 GE Aerospace suppliers in India, helping strengthen the country’s role in global aerospace programs through advanced manufacturing expertise and precision engineering capabilities. The facility also plays an important role in workforce development. Its structured two-year apprenticeship program enrolls more than 500 apprentices annually in classroom instruction and specialized TIG welding training through the site’s dedicated Weld School. Since 2015, the facility has trained more than 5,000 production associates, helping build a strong pipeline of aerospace manufacturing talent in India. Recent community and workforce development grants have also supported initiatives focused on technical education and skill development in the region.

Today’s announcement further reinforces GE Aerospace’s broader commitment to India, where the company continues to invest in manufacturing, engineering, and supply chain development to help shape the future of flight.

CFM International is a 50-50 joint company between GE Aerospace and Safran Aircraft Engines.