Category Archives: Business

Netwrix Builds Out Leadership Bench with CTO, VP of Engineering, and Head of Americas Channel

FRISCO, Texas – May 6, 2026 – Netwrix, a recognized leader in identity and data security solutions, today announced the appointment of Avesta Hojjati as Chief Technology Officer, Marcin Gierlak as Vice President of Engineering and Kraków Site Leader, and Natalie Tomlin as Head of Channel for North America.

“With AI fueling both external attackers and data leakage, our customers are confronted by security challenges that are more complex than ever — more identities, more data, more risk,” said Grady Summers, CEO at Netwrix. “We’re bringing in leaders across engineering and channel to accelerate innovation and help partners improve customers’ security posture and AI governance.”

Avesta Hojjati joins from SecurityScorecard, where he served as CTO and led cross-functional teams spanning AI, data science, threat intelligence, product engineering, and core platform operations taking a new platform from concept to production in under 12 months. He brings experience on both the offensive and defensive sides of security, alongside deep expertise in AI, machine learning, and distributed systems. Before SecurityScorecard, he spent eight years at DigiCert leading engineering across IoT security, automation, and digital trust. Earlier roles include Symantec and Yahoo. He holds a Ph.D. in Computer Science from the University of Illinois Urbana-Champaign and is named on more than 45 patents.

Marcin Gierlak most recently served as VP of Engineering at Napster, where he led teams focused on machine learning and AI research in production systems. He has held engineering leadership roles at HID Global and IBM and has led distributed engineering teams across multiple geographies. Based in Krakow, he will also serve as site leader for Netwrix’s innovation center and engineering hub there.

Natalie Tomlin brings extensive channel and partner leadership experience across leading cybersecurity companies, including McAfee and Trellix, with additional experience building partner programs at Palo Alto Networks. Recognized by CRN as a Woman of the Channel, she has built and scaled partner-driven growth across national and commercial markets, working with MSPs and cloud providers such as AWS and Azure. At Netwrix, she will expand the North American partner network and strengthen how the company goes to market through the channel.

Real estate sentiment eases in Q1 amid global pressures

New Delhi, May 6 (BNP): India’s real estate sector witnessed a shift toward cautious sentiment in the first quarter of 2026, influenced by global economic uncertainty and rising cost pressures, according to a joint report by Knight Frank and NAREDCO.

The report noted a decline in stakeholder confidence, with the Current Sentiment Score dropping to 49 from 60, while the Future Sentiment Score eased to a neutral level of 50 from 61. The index reflects the outlook of developers, investors, and financial institutions on economic conditions and funding availability.

The moderation in sentiment has been largely attributed to global macroeconomic volatility, including rising crude oil prices, which have increased construction, logistics, and financing costs—impacting overall project viability.

Despite stable domestic economic fundamentals, geopolitical factors are beginning to influence both demand and supply dynamics in the sector.

The residential segment showed signs of slowing after a sustained growth phase, with moderation in both housing sales and new project launches during the quarter. Around 52 per cent of stakeholders expect housing sales to decline in the near term. However, 73 per cent believe property prices will either remain stable or continue to rise, driven by higher input and borrowing costs.

This divergence between softening demand and firm pricing underscores the structural cost pressures shaping the housing market.

Meanwhile, nearly half of respondents anticipate a slowdown in new project launches. In contrast, the office segment remains relatively resilient, with 41 per cent of stakeholders expecting improved leasing demand.

Industry experts described the current phase as a short-term recalibration rather than a fundamental slowdown, noting that end-user demand and steady price trends continue to support the sector’s long-term outlook.

India, South Korea set to review trade pact to boost economic ties

New Delhi, May 6 (BNP): India and South Korea are expected to hold talks on May 25 to review their existing trade agreement, with an aim to strengthen economic cooperation and address key trade concerns.

The discussions will focus on revisiting the Comprehensive Economic Partnership Agreement (CEPA), which has been in force since 2010. India is likely to push for updates to make the pact more relevant to current global trade dynamics and to tackle issues such as the trade imbalance.

Officials from both countries are set to participate in the negotiations, which are seen as an important step toward enhancing bilateral trade and creating more balanced and mutually beneficial opportunities.

The review could pave the way for a more modern and effective trade framework, helping deepen economic engagement between the two nations.

Piyush Goyal Meets Airbus India Chief, Discusses Aerospace and MRO Growth

May 6 (BNP): Union Minister for Commerce and Industry Piyush Goyal held discussions with the India head of Airbus, focusing on strengthening aerospace manufacturing and expanding Maintenance, Repair and Overhaul (MRO) capabilities in the country.

The meeting centered on enhancing India’s role in the global aviation supply chain, with emphasis on boosting domestic manufacturing capacity, skill development, and investment opportunities in the aerospace sector.

Both sides discussed ways to deepen collaboration in aircraft production ecosystems and improve India’s MRO infrastructure, which is seen as a key growth area for the aviation industry.

Officials said the engagement reflects India’s ongoing efforts to position itself as a major hub for aerospace manufacturing and services, supported by policy reforms and growing industrial capacity.

Samsung Solve for Tomorrow 2026 Entries Open From May 7; Applications Closes July 3

• AI Living for India: AI-led solutions for inclusive innovation
• Health & Education: Affordable tech for better access
• Sport & Tech: Innovation to enhance performance and inclusion
• Environmental Sustainability: Solutions for climate and resource efficiency

India Manufacturing Sentiment Remains Positive in Q4 FY26

New Delhi, May 6 (BNP): India’s manufacturing sector continued to show a positive growth outlook in the fourth quarter of FY26, even as businesses faced rising raw material costs and global economic uncertainties, according to a latest FICCI survey.

The survey indicates that overall industry sentiment remains steady across key manufacturing segments, despite cost pressures impacting input expenses. Capacity utilisation witnessed a marginal decline to around 72%, compared to the previous quarter.

However, manufacturers continue to remain optimistic about the next six months, with a stable investment outlook reflecting confidence in demand conditions and long-term business prospects.

The survey covered major industries including automobiles, capital goods, chemicals, fertilizers and pharmaceuticals, electronics and electricals, machine tools, metals, and textiles.

Overall, the findings highlight the resilience of India’s manufacturing sector, with sustained optimism expected to support production growth, investment activity, and broader industrial expansion in the coming months.

Sensex, Nifty Surge in Strong Market Rally

May 6 (BNP): Indian equity markets continued their upward momentum on Wednesday, with benchmark indices closing strongly in positive territory amid broad-based buying across sectors.

The BSE Sensex surged by 941 points, while the NSE Nifty 50 advanced by 298 points, reflecting strong investor sentiment.

The rally was supported by positive global cues and sustained domestic inflows, with financials, energy, and IT stocks leading the gains. Market participants noted improved risk appetite and continued optimism in key sectors.

Overall, the trading session highlighted strong bullish momentum, with benchmarks extending their gains on broad market participation.

India–EU Launch INR 169 Crore EV Battery Recycling Push

New Delhi, May 6 (BNP): India and the European Union have announced a joint initiative worth ₹169 crore aimed at accelerating the development of advanced technologies for recycling electric vehicle (EV) batteries.

The collaboration is designed to support sustainable mobility by improving the way used EV batteries are processed, recovered, and reused. The focus will be on developing innovative recycling methods that can help recover critical materials, reduce environmental waste, and strengthen the circular economy in the clean energy sector.

Officials noted that the partnership reflects a shared commitment between India and the EU to promote greener transportation solutions and reduce dependency on raw material extraction through more efficient resource recovery systems.

The initiative is expected to encourage research and innovation in battery recycling technologies while also supporting long-term environmental and economic sustainability goals in the EV ecosystem.

India’s Exports Reach Record Dollar 863 Billion in 2025–26 on Services Push

May 6 (BNP): India’s external trade has reached a historic milestone, with total exports of goods and services touching an all-time high of $863.11 billion in FY 2025–26.

The sharp rise was primarily driven by the robust performance of the services sector, which continued to outperform merchandise exports. Strong global demand for India’s IT services, business process outsourcing, consulting, and professional services played a major role in boosting overall export earnings.

 Merchandise exports also contributed to the growth, though at a more moderate pace compared to services. At the same time, imports increased due to higher demand for crude oil, raw materials, and other industrial inputs, reflecting continued domestic consumption and manufacturing activity.

Despite global economic uncertainties, India’s export sector remained resilient and diversified. The strong services-led growth highlights the country’s increasing integration into global value chains and its rising importance as a global services hub.

Overall, the record export performance underscores the structural strength of India’s external sector, with services emerging as the key driver of growth in FY 2025–26.

Mother’s Day Brunch at Miri, The St. Regis Goa Resort

 This Mother’s Day, celebrate the most important woman in your life with a sophisticated and joyful brunch experience at Miri. Set within the elegant surroundings of The St. Regis Goa Resort, this afternoon is designed to bring families together through thoughtful hospitality, exceptional flavours, and a vibrant atmosphere.

Guests can indulge in an elaborate, chef-curated menu featuring global brunch favourites, comforting classics, and a decadent array of desserts crafted to honour the occasion. Whether you prefer a refreshing non-alcoholic experience or a celebratory alcoholic package, Miri provides the perfect backdrop for a meaningful family gathering.

The afternoon will be accompanied by the soulful sounds of a live band, creating a relaxed yet memorable ambience that perfectly complements the spirit of the day.

Date: Sunday, 10th May
Time: 1:00 PM to 4:00 PM