Category Archives: News

India Gen Z Outlook 2026: The No Cap Generation – Rethinking Education, Ambition and Success

Mumbai, Sep 01: Emeritus, the global education company has unveiled new primary research titled ‘India’s GenZ Outlook 2026: Recalculating education, ambition, and success; The No Cap Generation’.

The findings are based on 1,010 respondents aged 15-28, spanning three life stages: (a) pre-college, (b) transitioning, and (c ) early career – across major Indian metros. The report examines how young Indians are reassessing traditional pathways in higher education, skills, and careers amid visa uncertainty, rising overseas costs, and the rise of AI.  

The traditional study-abroad pathway is losing ground – 48% of those who would consider studying abroad say their interest has declined over the past year, driven by cost, visa requirements, and uncertain post-study work regimes. The United States is bearing the sharpest decline. At the same time, a new consideration set is emerging.

87% of pre-college and 92% of transitioning respondents would be likely or extremely likely to study a programme offered by an internationally ranked university in India. 69% of transitioning students would actively prefer an India-based international programme over going abroad to avoid visa uncertainty. 

On-campus remains the anchor but the pathway model, combining India-based study with partial home-campus exposure / semester exchange, is the fastest-growing preference. Interest jumps 12 points between pre-college (27%) and transitioning students (39%) – the closer students get to real enrolment decisions, the more compelling the model becomes.

“It took 30 years to build a predictable outward migration path. The reversal is happening much faster. Policies are moving, universities are arriving, families are taking note – and brain drain is turning,’’ said Ashwin Damera, Co-founder & CEO, Emeritus. 

Beyond formal education, the data reveals how this generation is navigating skills and career choices:

• 82% use AI or GenAI tools at least weekly to learn or build new skills

• 65% of early career respondents feel a degree alone is no longer sufficient to succeed in the job market

• 74% prioritise work-life balance over formal leadership titles – and 65% agree a successful career does not require becoming an executive leader

• 60% feel burned out by the pressure to continuously upskill – yet 75% still believe learning the right skills will keep them competitive

• 79% want their career to contribute positively to the environment, signalling that purpose is becoming as important as pay 

Commenting further on the report, he added,

“As we deepen our presence in India, this report becomes a stepping-stone in that journey. We went ahead with the idea of understanding the pulse of a generation that is outcome-oriented, globally aware, and navigating world uncertainties in real time. The findings carry nuances that we believe will help institutions, employers, and policymakers design stronger, more relevant frameworks for the generation that is shaping India’s future.’’

This report is part of Emeritus’s ongoing research initiative tracking the evolving talent landscape across education, skills, and career decision-making globally. With this edition, the brand doubles down on understanding India’s talent pulse – with the next edition set to focus on parent perspectives on education choices in India.

United States Government and North American Blue Energy Partners (NABEP) Reach Historic Deal to Develop Venezuela’s Oil Sector

The deal, made possible by strengthening relations between Venezuela and the United States, is expected to involve nearly $100 billion in investment to commercialize more than 65 billion barrels of P1 reserves in Venezuela.

CARACAS, Venezuela, Sept. 1, 2026 /PRNewswire/ — The United States Departments of State and War have reached an historic deal with North American Blue Energy Partners (NABEP) to significantly expand oil production in Venezuela. As part of the deal, NABEP will have operating control of the business, with the United States Government holding rights to a 35% stake in the company, alongside preferential access to 20% of the company’s production at cost.

President Donald J. Trump announced the agreement on Truth Social as “the biggest oil deal in world history” and is demonstrative of the U.S. and Venezuelan governments deepening collaboration in the Venezuelan oil sector, bringing jobs and fiscal stability for Venezuelans and lower prices at the pump for Americans.

“Venezuela is blessed with an abundance of natural resources, hardworking people and untapped potential,” said Alejandro Betancourt, CEO of NABEP. “This transaction will unleash that potential to the great benefit of both Venezuelans and Americans. We are grateful to President Donald J. Trump, Secretary Marco Rubio, Secretary Pete Hegseth, the United States Government, and to President Delcy Rodríguez and the Government of Venezuela, for their confidence in NABEP and their willingness to tackle this challenge with us. We look forward to pioneering a new and exciting path together.”

This new venture is expected to bring tens of millions of additional barrels of Venezuelan oil to the global marketplace, thousands of well-paid jobs to Venezuela, and billions in incremental investment and broader economic activity to drive growth in Venezuela’s recovering economy. Through the right to purchase 20% of the oil produced at cost, this venture will also ultimately deliver billions in savings for American consumers and secure a stable and growing strategic supply of oil in the Western Hemisphere. Through billions in purchases of oil infrastructure and equipment from U.S. suppliers, NABEP will also support thousands of manufacturing jobs in the United States.

Mr. Betancourt has been in the Venezuelan oil industry for more than 15 years with a consistent track record of success, most recently at the helm of NABEP, where he rapidly scaled the company’s production from approximately 18,000 barrels per day to more than 200,000 barrels per day through roughly $1 billion in company-funded investment, making it the country’s second-largest oil producer in just two years’ time. Today, the company directly employs over 5,000 people and supports over 10,000 contractor employees across Venezuela.

Following these transactions, NABEP now controls the rights to commercialize more than 65 billion barrels of P1 reserves in Venezuela. NABEP is seeking to rapidly expand its operations in Lake Maracaibo and the Orinoco Belt with the near-term goal of increasing production to more than 1 million barrels of oil per day.

As it was announced, the program will involve nearly $100 billion in investment to increase production capacity and oil and gas infrastructure in Venezuela and will generate more than $209 billion in tax revenue for the Venezuelan state.

In a statement posted to X immediately following the announcement, U.S. Secretary of State Marco Rubio said: “This deal is a huge win for both the American and Venezuelan people. It demonstrates how President Trump’s bold foreign policy is driving America First wins: securing stable reserves and low-cost oil in our Hemisphere and lowering gas prices here at home. For the Venezuelan people, this deal will bring nearly $100 billion in private investment, support thousands of high-paying jobs, and drive the reconstruction of Venezuela’s economy.”

About North American Blue Energy Partners

North American Blue Energy Partners (NABEP) is an independent oil exploration and production company operating in North and Latin America, with offices in Caracas, Maracaibo and Lechería. NABEP is committed to the responsible development of energy resources, the safety of its people, and the prosperity of the communities where it operates. www.nabep.net

Media contact

press@nabep.com

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Furuno Unveils New SOLION-100 Terminal for Iridium GMDSS

The SOLION-100 combines GMDSS, Ship Security Alert System and Long-Range Identification and Tracking capabilities in a single Iridium Certus 100 terminal for newbuild and retrofit vessels.

HAMBURG, Germany, Sept. 1, 2026 /PRNewswire/ — Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, aircraft surveillance, and positioning, navigation, and timing (PNT) satellite services, and Furuno Electric Co., Ltd. today announced Furuno will offer its new SOLION-100 terminal for Iridium GMDSS. This new Furuno maritime safety terminal is built on Iridium^® Certus 100 technology and integrates GMDSS, Ship Security Alert System (SSAS) and Long-Range Identification and Tracking (LRIT) capabilities in a single platform.

Iridium GMDSS entered service in 2020 following recognition by the International Maritime Organization (IMO), becoming the first new provider of satellite GMDSS services since the system was established. It delivers regulated maritime distress and safety communications through Iridium’s low-Earth orbit (LEO) satellite network, with global coverage, including the polar regions.

Furuno’s addition of Iridium GMDSS to its portfolio gives shipowners and shipyards greater choice in selecting maritime safety equipment for newbuild and retrofit vessels.

“Furuno has been committed to supporting safer navigation at sea for decades, and maritime safety remains at the heart of what we do,” said Kiyoshi Furuno, Head of Marine Electronic Products Division and Sales Management Department General Manager, Furuno. “The new SOLION-100 terminal for Iridium GMDSS allows us to strengthen our safety communications portfolio and provide customers with LEO satellite GMDSS technology alongside the Furuno navigation and communications systems they already rely on.”

“Furuno has a long history of supporting maritime safety, and its addition of Iridium GMDSS brings together that expertise with the global coverage of the Iridium network,” said Wouter Deknopper, vice president and general manager, maritime, Iridium. “Together, we are giving shipowners and shipyards another way to equip vessels with reliable maritime safety communications, including in the polar regions.”

Iridium GMDSS is designed to support crews throughout a maritime safety event, from receiving navigational and meteorological warnings through Iridium SafetyCast^® to initiating a distress alert and establishing Safety Voice communications with a Rescue Coordination Center. A single-button distress alert transmits the vessel’s identification, status and position, while Safety Voice enables crews to communicate directly with rescue authorities to provide additional information about the situation.

The SOLION-100 is expected to be commercially available for retrofit applications in late 2026, with availability for newbuild projects expected to follow in 2027.

Iridium is exhibiting this week at SMM Hamburg. Visit booth Hall B6 Stand 313 to learn more about Iridium PNT, Iridium GMDSS, and other critical maritime safety services.

For more information about Iridium GMDSS, visit https://www.iridium.com/gmdss.

About Iridium Communications Inc.

Iridium Communications Inc. (Nasdaq: IRDM) operates the world’s only truly global mobile satellite network. It serves as a platform for innovation, enabling voice, data, and messaging, positioning, navigation, and timing (PNT), and aircraft surveillance services anywhere on Earth. Through its satellite constellation and integrated capabilities like Aireon, the world’s only space-based air traffic surveillance system, Iridium delivers services that support safety-focused operations across aviation, maritime, government, industrial, and consumer markets. The company is a leader in satellite Internet of Things (IoT) connectivity and is advancing direct-to-device (D2D) communications based on open standards to expand access to satellite services.

Headquartered in McLean, Virginia, Iridium innovates through an ecosystem of more than 500 technology and distribution partners, serving millions of customers worldwide. For more information visit www.iridium.com.

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C5i Appoints Krishnan Venkata as President & Chief Operating Officer

The appointment strengthens C5i’s leadership as it enters its next phase of global growth, helping clients translate AI, data, and analytics capabilities into measurable business impact

MUMBAI, India, Sept. 1, 2026 /PRNewswire/ — AI and data analytics company, C5i, today announced the appointment of Krishnan Venkata as its President & Chief Operating Officer, effective 20^th August 2026.

The appointment comes at a time when enterprise AI is rapidly evolving. As organizations move beyond experimentation, the focus is increasingly shifting from the capabilities of AI to how effectively those capabilities can help businesses succeed and grow. Clients are looking for partners that can bring together strategic consulting, analytical rigor, technical depth, AI-enabled innovation, scalable delivery, and reusable accelerators to deliver measurable outcomes.

Over the past several years, C5i has built and strengthened its capabilities, expanded its global footprint, and made strategic acquisitions, including Analytic Edge Pte. Ltd. and Datavid Limited, to deepen its horizontal and vertical capabilities.

Ashwin Mittal, Chairman, Managing Director and CEO of C5i, commented: “C5i has built a strong combination of capabilities across data, analytics, AI, and global delivery. As our clients sharpen focus on business outcomes from AI, we’re bringing these strengths together in new and more powerful ways to scale impact for our clients. Krishnan brings the experience to help us do that, combining deep expertise in building client relationships, strategic solutioning, market development, and operational excellence.”

Krishnan brings over two decades of experience across technology, data, analytics, AI, and knowledge services, with extensive experience working with Fortune 500 organizations.

Prior to joining C5i, Krishnan served as Chief Client Officer at LatentView Analytics.

As President & COO, Krishnan will lead Client Relationships, Sales, Account Management, and Partnerships across the Americas and Europe, while overseeing Operations at C5i.

“AI is creating enormous opportunities, but clients are increasingly focused on how it can move the needle for their businesses,” said Krishnan Venkata. “They want to move beyond isolated capabilities and experiments to solutions that are closely connected to their business priorities and can deliver measurable impact. I believe C5i is uniquely positioned to help make this happen, with a strong combination of domain expertise, proven delivery, solution frameworks, and proprietary IP. I am excited to join C5i at this important point in its journey and work with our clients and teams to bring together our consulting, analytical, technical, and AI strengths to help businesses solve their critical problems and scale solutions for impact.”

Krishnan’s experience in building and scaling client relationships will be central to C5i’s next phase, combining consulting and solutioning with strong fulfillment to turn strategic priorities into sustained business value.

About C5i

C5i is a data analytics and artificial intelligence (‘AI’) company focused on delivering measurable business impact for enterprise clients using the combined application of human expertise and AI-driven solutions. The company helps global enterprises turn data into intelligence that powers decision-making, automated actions, and business impact at speed and scale. The company drives value through a comprehensive solution set, integrating multifunctional teams that have technical and business domain expertise with a robust suite of products, solutions, and services tailored for various horizontal and industry-specific use cases. C5i caters to many companies across industries, including technology, consumer goods, life sciences, and others. The company has been recognized in various technology research services’ reports by industry analysts like Gartner, Forrester, and Everest Group across domains including customer analytics, marketing measurement and optimization, supply chain analytics, and data and AI services.

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Odisha plans climate-resilient shield for 573-km coastline under ARISE Project

Bhubaneswar, Sept. 1 (UDN): The Odisha government is preparing a long-term strategy to safeguard its 573-km coastline from coastal erosion, climate change and natural disasters through the proposed Adaptive Resilience Investment in Coastal Systems on Economics (ARISE) Project.

The initiative aims to combine scientific coastal protection measures with environmental conservation, livelihood security and sustainable economic development for vulnerable coastal communities.

Phased implementation after final assessment

A high-level review meeting on the project was held at Lok Seva Bhawan, chaired by Revenue and Disaster Management Minister Suresh Pujari, who emphasised the need for an integrated approach that balances ecological protection with economic growth.

A preliminary assessment of Odisha’s coastline has been conducted jointly by the Asian Development Bank (ADB) and the Odisha State Disaster Management Authority (OSDMA). The study examined coastal erosion, sediment movement, vulnerable villages and the safety and livelihoods of communities living along the coast.

Based on consultations with multiple government departments, ADB and OSDMA have prepared a preliminary report, which was reviewed during the meeting. Officials said the project will be implemented in phases after the final assessment is completed.

Science-driven solutions for coastal protection

The proposed interventions will focus on technology-backed measures to reduce coastal erosion, strengthen natural coastal defences and protect vulnerable stretches of the shoreline.

Effective sediment management, aligned with the coastline’s natural processes, will form a key component of the project to ensure long-term resilience.

Focus on blue economy and disaster preparedness

Beyond shoreline protection, the ARISE Project seeks to promote Odisha’s blue economy by encouraging climate-resilient coastal tourism while safeguarding biodiversity and local livelihoods.

Officials also discussed strengthening institutions, building local capacity and deploying modern technology, including real-time data systems and digital monitoring platforms, to improve erosion tracking, hazard forecasting and disaster preparedness.

The initiative comes as Odisha continues to face increasing climate-related challenges along its coastline, reinforcing the need for a comprehensive and sustainable coastal resilience framework.

Gopalpur Industrial Park builds INR 65,400 crore investment pipeline, strengthens Odisha’s green manufacturing ambitions

Bhubaneswar, Sept. 1 (UDN): Odisha’s Gopalpur Industrial Park (GIP) in Ganjam district is rapidly emerging as one of India’s key destinations for green energy and advanced manufacturing, with a planned investment pipeline exceeding ₹65,400 crore.

 Representational Image

Developed by Tata Steel Special Economic Zone Ltd (TSSEZL), the nearly 2,970-acre industrial park has attracted a diverse mix of projects spanning green hydrogen, green ammonia, renewable energy equipment, speciality chemicals, tyre manufacturing, mineral processing and food processing.

Green ammonia project marks latest milestone

The newest addition to GIP’s growing portfolio is a proposed 0.4 million tonne per annum (MTPA) green ammonia plant, backed by a memorandum of cooperation involving the Odisha government, Japan’s IHI Corporation, ACME Group, and TSSEZL.

The project also proposes a jetty-less floating terminal, aimed at supporting the export-oriented green ammonia ecosystem from Gopalpur.

Renewable energy manufacturing gains momentum

In another major development, TSSEZL and Tata Power Renewable Energy Ltd have signed a binding land transfer agreement for a proposed ₹10,000 crore manufacturing facility that will produce solar ingots and wafers, strengthening the park’s renewable energy value chain.

TSSEZL Managing Director Manikanta Naik said the vision of transforming Gopalpur into a globally competitive industrial hub is steadily becoming a reality, supported by the state’s investments in power and water infrastructure.

A growing industrial ecosystem

Several companies have either operational facilities or announced investments at GIP, including:

Avaada GreenH2
Ocior Energy
Hygenco
Saatvik Solar Industries
World Green Energy
SRF
ATC Tires
Tata Steel

The industrial park offers ready-to-use infrastructure, including internal road networks, power and water supply, drainage systems, environmental clearances and multimodal connectivity, making it an attractive destination for large-scale manufacturing projects.

Recognition and economic impact

GIP recently received the Smart Industrial Park Award at the Smart Logistics Summit & Awards 2026 held in Bhubaneswar, recognising its infrastructure and industrial ecosystem.

With investments continuing to flow into the park, Gopalpur is expected to generate significant direct and indirect employment while reinforcing Odisha’s position as a leading hub for low-carbon manufacturing and clean energy industries.

24X Completes First Spot Cryptocurrency Trade in BTC

Standard Chartered and Cumberland DRW Served as Counterparties for Inaugural Spot Crypto Trade

HAMILTON, Bermuda, Sept. 1, 2026 /PRNewswire/ — 24X Bermuda Limited (“24X“) today announced that it has completed its first spot cryptocurrency trade on its institutional-grade, multi-asset trading platform, becoming one of a select few global venues that offer both crypto spot and FX trading on a single, unified technology infrastructure.

The inaugural crypto spot trade was executed in Bitcoin (BTC) as part of 24X’s existing strategic partnership with Standard Chartered, a leading international banking group and one of the world’s global systemically important banks (G-SIBs). Standard Chartered acted as liquidity taker and Cumberland DRW served as liquidity provider for this trade. The transaction marks a significant milestone in the continued development of regulated, institutional-grade infrastructure for digital asset markets, demonstrating how established financial institutions and specialist liquidity providers are helping accelerate the adoption of digital assets by institutional investors.

24X CEO and Founder Dmitri Galinov said, “Institutional demand for digital assets has never been stronger, and today’s milestone crypto trade demonstrates that the 24X platform is ready for it. Our crypto trading infrastructure delivers the deep liquidity, rigorous oversight, and the same seamless workflow global financial institutions have come to expect from 24X. We are proud to have Standard Chartered and Cumberland DRW as the counterparties for this landmark transaction, and we look forward to rapidly expanding our crypto spot offering as global markets continue to converge around digital assets.”

John Newman, Standard Chartered’s Global Head of Rates & FX Trading and Head of Markets UK & Europe, said, “Institutional demand for digital assets continues to grow as the market evolves and regulatory frameworks mature. Standard Chartered is committed to providing clients with secure, regulated and institutional-grade access to digital asset markets. This successful trade highlights the strength of our global trading capabilities, robust infrastructure and risk management framework, while demonstrating how regulated banking institutions can help bridge traditional finance and the digital assets ecosystem.”

“We are proud to have served as liquidity provider to Standard Chartered for this milestone Bitcoin trade on 24X,” said Chris Zuehlke, Global Co-Head at Cumberland DRW. “For more than a decade, Cumberland has helped build institutional digital asset markets by providing deep, reliable liquidity backed by DRW’s 30-plus years of expertise managing risk across global financial markets. As institutional adoption accelerates, we remain focused on delivering the execution quality and market infrastructure that enable banks and other institutions to trade digital assets with confidence.”

24X Bermuda Limited’s Cryptocurrency activity is regulated by the Bermuda Monetary Authority. 24X also offers Deliverable Swaps, Non-Deliverable Swaps, Metals and Spot products to institutional customers in addition to NDFs. Since its launch in 2019, 24X’s multi-asset offering through a single trading interface has enabled market participants to access increased liquidity at lower cost.

About 24X

24X Bermuda Holdings LLC (“24 Exchange”) is a privately held company with two primary operating subsidiaries: 24X Bermuda Limited, which allows seamless and cost-effective exchange of currency exposures; and 24X National Exchange LLC, the first national securities exchange approved by the SEC to operate 23 hours each weekday. 24X’s mission is to enable cost-effective trades across a growing range of asset classes around the clock. 24X lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. More information is available at https://24exchange.com/. 24X National Exchange enables retail and institutional customers around the world to trade in U.S. equities via broker-dealers who are approved members. More information about 24X National Exchange is available at https://equities.24exchange.com/home.

About Standard Chartered

We are a leading international banking group, with a presence in 54 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges. For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X (Opens in a new window), LinkedIn (Opens in a new window), Instagram (Opens in a new window) and Facebook (Opens in a new window).

Media Contact:

Eric Andrus, KARV

24Xmedia@karv.global

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Machtravel.com and Mach Travel App Open for Public Beta Testing

NEW DELHI, Sept. 1, 2026 /PRNewswire/ — Mach Travel Solutions Limited (BSE: MACHLTD), a publicly listed technology-enabled travel solutions company, today announced that its B2C Online Travel Agency (OTA) platform, Machtravel.com, along with the Mach Travel mobile application, is now open for public beta testing.

During the public beta phase, users can access and explore multiple travel services on Machtravel.com, including Flights, Hotels, Holidays, MICE, Cruises and Visa services. The platform brings these offerings together under a single digital ecosystem, with a focus on technology, ease of use and competitive pricing.

The public beta marks an important milestone in the development of the Company’s B2C travel platform and allows users to experience the platform ahead of its full commercial launch.

The Company invites its shareholders, customers, travel partners and the wider public to explore the website and mobile application, test the booking experience and share their feedback. Inputs received during the beta phase will help the Company further refine the platform, enhance functionality and improve the overall user experience.

As the platform is currently in its beta phase, users may experience slower responsiveness, and certain features and functionalities may continue to be added, modified or optimized. The Company intends to progressively enhance the platform based on real-world usage and feedback received during the testing period.

Commenting on the commencement of public beta testing, Mr. Amit Bhatia, Chairman & Managing Director, Mach Travel Solutions Limited, said:

“Opening Machtravel.com and the Mach Travel App for public beta testing is an important milestone in our B2C journey. Our ambition goes far beyond building another online travel booking platform. Our mission is to revolutionise the way travel is searched, planned and booked by combining technology, a seamless user experience and competitive pricing on a single platform.



This is only the beginning. The platform is currently in beta, and we want our users to be an active part of its evolution. We invite our shareholders, customers, partners and the wider public to test the platform extensively and tell us what works, what does not and what they would like us to build next. Our objective is to continuously improve the platform through technology and customer feedback and build a travel experience that delivers both convenience and value.”

The public beta represents another step in Mach Travel Solutions’ transformation and its strategy to build a comprehensive travel ecosystem across both its existing businesses and emerging digital B2C offering.

Public Beta Website: https://www.machtravel.com/ 

About Mach Travel Solutions Limited

Mach Travel Solutions Limited (formerly Mach Conferences & Events Ltd.) is a publicly listed technology-enabled travel solutions company listed on the Bombay Stock Exchange (BSE: MACHLTD). Incorporated in 2004, the Company provides technology-enabled end-to-end travel solutions across Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects. The Company is also developing a B2C Online Travel Agency (OTA) platform as part of its strategy to build a comprehensive travel ecosystem.

The Company has a strong pan-India presence with offices in Noida, New Delhi, Kolkata, Mumbai, Bengaluru, Bhubaneswar and Ahmedabad, and is accredited by and associated with leading national and international travel associations, including IATA, GBTA, PATA, IATO, ADTOI, OTOAI, SKAL International, JATA, ICPB, EGAC and NIMA. For more information, please visit https://www.machtravelsolutions.com/. 

Contact Details

Mach Travel Solutions Limited

Ms. Yashashvi Srivastava

Company Secretary & Compliance Officer

Email: compliance@machtravel.com 

Website: https://www.machtravelsolutions.com/ 

Safe Harbour

This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Mach Travel’s future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.

Mach Travel Solutions undertakes no obligation to publicly revise any forward-looking statements to reflect future/likely events or circumstances.

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Zydus Hospital, Ahmedabad crosses 300 Liver Transplants – Highest in Gujarat

The Odyssey of sailing through the tumultuous sea of liver complexities

AHMEDABAD, India, Sept. 1, 2026 /PRNewswire/ — The rise of sedentary jobs, lack of exercise and increased intake of processed foods have slowly driven one of the fastest-growing liver conditions, non-alcoholic fatty liver disease (NAFLD), which now affects 1 in 4 adults^1,2.

Left untreated, it can progress through inflammation (NASH), scarring, and eventually cirrhosis or liver cancer³. This rising disease burden runs headlong into a stark shortage. Zydus Hospital, Ahmedabad, continues to push against this gap, and has recently crossed 300 liver transplants, marking a major liver transplant milestone for Zydus Hospital Ahmedabad.

Liver Transplant surgeries are multidisciplinary endeavours, complex and demanding. Zydus Hospital, through its liver transplant programme in Ahmedabad, challenges the existing limits of surgical capabilities and focuses on a collaborative, multi-disciplinary approach that sees a close coordination of experts across liver transplant surgeon, liver critical care specialist, anaesthesia, hepatologist, gastroenterologist, and nephrology (in case of simultaneous liver-kidney transplantation, or SLKT), who work in tandem to expand horizons for patient benefit.

The team has successfully performed living donor and deceased donor liver transplants, ABO-incompatible liver transplants, paediatric liver transplants, planned transplants for chronic liver disease (CLD), and emergency cases of acute liver failure. “Almost 40% of our patients arrive with acute-on-chronic liver failure (ACLF), and need a transplant within 24 to 36 hours of arriving” says Dr. Anand Khakhar, liver transplant and HPB surgeon in Ahmedabad, who has more than two and half decades of experience and is a recipient of the Dr. B.C. Roy Award. He recalls a 12-year-old boy who was rushed from Junagadh with ALF. “He was comatose, on ventilator support and dialysis. The one thing we could not afford in his case was sepsis or hypotension.” A drop in blood pressure could cause blood vessels to dilate further and rapidly worsen the his condition. “The child’s mother came forward as a donor, and while her evaluations were underway, he developed hypotension and sepsis was suspected,” said Dr. Anand. On closer assessment, the team determined it was necrotic tissue that was producing those symptoms. “We removed the necrotic liver, and stabilised him long enough that we could safely proceed with the transplant,” added Dr. Anand. The boy responded well during post-op and soon returned home. Performing such complex and challenging liver transplant cases need advanced infrastructure. As Dr. Yash Patel, Liver Transplant Surgeon, adds, “At Zydus, we have access to modular advanced OTs, dedicated liver ICUs, advanced MRI facilities, FibroScan imaging along with multidisciplinary support under one roof.”

Younger adults arrive in the same critical state, sometimes with added complications. A 22-year-old architecture student came to Zydus with ALF and was in a similar state. “In his case, in addition to dialysis, we also had to add toxin filters and he only had one suitable donor, his sister, but their blood group did not match,” says Dr. Anand. “We usually need to disable pre-existing antibodies with rituximab as part of a larger protocol that includes plasma exchange but as he was not in a condition to tolerate the rituximab, we ran a continuous plasma exchange until his antibody level came down to a level where his body could tolerate the transplant. We then proceeded with removing his spleen, and then transplanted his liver. The surgery went well and he recovered well” said Dr. Anand. Careful immunosuppression post-op balances the risk of organ rejection against infection risk and supports wound healing. “We have always prioritised the need and safety of our patients. If there are hurdles in the way, we try our best to overcome them,” added Dr. Khakhar.

“We, in India, have a huge burden related to chronic liver disease and its complications. Years back, in our early gastroenterology practice, there was no treatment for patients with advanced liver disease. We are fortunate to have a complete liver unit with an excellent transplant team at Zydus Hospital under one roof. Not only it has given a new hope but also a new life to these patients, who otherwise would have had a very poor quality of life and lifespan,” adds Dr. Nilay Mehta, Sr. Gastroenterologist and Endoscopist.

Dr. Himanshu Sharma, Liver Critical Care Specialist adds, “There is a common misconception that NAFLD which includes NASH is exclusive to individuals who are obese or overweight.” Despite a normal weight, affected individuals can still store harmful visceral fat around the liver. Recently, 37-year-old patient was airlifted from Chandigarh in a dire state. He was diagnosed with lean NASH related CLD. “His pre-op issues were significant and he had lost significant muscle mass. He was 6ft tall and weighed only 43kgs. He came with lower abdominal wall infection and a bad case of cellulitis. We needed to stabilise him before going ahead with the transplant. Our ICU team along with physiotherapy and rehab, put in tremendous work and helped him rebuild his strength over the month he spent with us. He recovered slowly and was discharged. It’s been two years now and he’s doing well and gone back to practicing law,” Dr. Himanshu added. The Liver Critical Care team and the transplant rehab specialist, Dr. Himani Goswami along with Shruti Bhardwaj, Nutritionist, played a tremendous role in his journey to recovery and normalcy.

At the core, Zydus understands the importance of multidisciplinary work across different fields and creates an environment where teams can collaborate and work on demanding cases comprehensively. A 50-year-old man from Raipur, suffering from Autosomal Dominant Polycystic Kidney Disease (ADPKD), was admitted to Zydus Hospital. ADPKD is the most commonly inherited cause of end-stage kidney disease, which sees the development of several large cysts in both kidneys. “This patient needed simultaneous liver and kidney transplantation. Further, his large native left kidney was full of cysts and had to be removed to make space for the transplanted kidney. One large liver cyst contained a large amount of pus, making its removal additionally difficult,” said the team. Several factors complicated his case and transplanting both his organs successfully was indeed a ‘Herculean task’. 

Navigating such dual transplants involve several intricacies due to the stark differences in anaesthesia, critical care goals and pre- and post-op goals of both liver and kidney transplant teams. These and many such diabolically opposite requisites are usually resolved through superior clinical acumen and a higher-order cognitive collaboration between the stalwarts in the field. The team at Zydus includes top Gastroenterologists and Hepatologists in Gujarat including Dr. Nilay Mehta, Dr. Ajay Choksey, Dr. Hardik Kotecha, and Dr. Tejas Modi, renowned Nephrologists, Dr. Himanshu Patel, Dr. Prakash Darji, Dr. Devang Patwari and Dr. Kamal Goplani, Anaesthetists, Dr. Meeta Agarwala, Dr. Kairav Shah, Dr. Vikram Patel, Dr. Paragsinh Gohil and Dr. Nimesh Prajapati, and Radiologist, Dr. Bhavik Shah and team. This cross-discipline integration of such kind ensures excellent patient care and a holistic approach to patient management.

In South-east Asia, almost 80% patients are living donors. In this scenario, donor safety in living donor liver transplantation is of the utmost importance. “To operate on them safely, send them home in good health, and make sure their recovery is unhindered — that’s our goal,” says Dr. Yash. “These donor surgeries are major in their own right, and the focus we put into them is what sets us apart, I feel. Donor safety is very close to my heart” he adds. There is also an urgent need for living donors who can come forward and help create organ donation awareness amongst the community, as liver is a regenerative organ, and a part of it can be donated without disturbing the quality of life. To know more, visit https://zydushospitals.com 

Innovations in medical science are reflected in the evolution of newer, safer and more sophisticated techniques that have significantly enhanced the quality and viability of liver transplants. At Zydus Hospital, Ahmedabad, such advances are translated into clinical excellence and have brought renewed hope to thousands of patients and their families.

References:

^1. Nd AM. Non-Alcoholic Fatty Liver Disease, an Overview. Integr Med (Encinitas). 2019;18(2):42-49.

^2. Hallsworth K, Adams LA. Lifestyle modification in NAFLD/NASH: Facts and figures. JHEP Rep. 2019;1(6):468-479.

^3. Bertot LC, Jeffrey GP, Wallace M, et al. Nonalcoholic fatty liver disease-related cirrhosis is commonly unrecognized and associated with hepatocellular carcinoma. Hepatol Commun. 2017;1(1):53-60.

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PEI-Genesis Expands Asia-Pacific Capabilities with 6th Value-Add Production Facility in Pune, India

PUNE, India, Sept. 1, 2026 /PRNewswire/ — PEI-Genesis, a global leader in the design and assembly of custom-engineered interconnect solutions, proudly announces the expansion of its manufacturing footprint in Asia with the opening of a new production facility in Pune, India.

The Pune facility commenced operations on July 1, 2026, and has already successfully shipped its first customer order, marking an important milestone in PEI-Genesis’s long-term commitment to serving customers across India and the broader Asia-Pacific region. The investment strengthens the company’s regional supply chain while bringing expanded manufacturing capabilities, shorter lead times, and greater flexibility closer to customers.

The Pune facility is PEI-Genesis’s sixth production facility worldwide and its second in the Asia-Pacific region, following the Zhuhai, China, facility. The site will provide value-added assembly of Mil-Spec circular MIL-DTL-38999 series connectors for customers in aerospace, aviation, defense and other demanding industries. Certified to assemble D38999 Series Qualified Parts List (QPL) connectors, the facility will also maintain locally stocked inventory from leading global connector manufacturers for customers in India and across the broader Asia-Pacific region. With 48-hour lead times for value-added connectors, low to no minimum order quantities and the ability for domestic customers in India to transact in Indian Rupees, the Pune facility will deliver faster, more flexible access to critical interconnect solutions while enhancing supply chain efficiency and reliability.

“Expanding our capabilities in Pune is an important step in PEI-Genesis’s long-term commitment to India and the broader Asia-Pacific region,” said Steven Fisher, CEO, PEI-Genesis. “By bringing value-added assembly closer to our customers, we can provide faster access to critical interconnect solutions while giving customers greater flexibility in how they source and configure their products. This investment strengthens our ability to support the region’s growing aerospace, defense, aviation and industrial markets, while reinforcing the qualities PEI-Genesis has delivered for eight decades: technical expertise, speed, reliability and exceptional customer service.”

PEI-Genesis’s expansion in Pune coincides with the company’s 80th anniversary in 2026, celebrating eight decades of innovation, engineering expertise and unwavering commitment to its customers. Founded in Philadelphia in 1946, PEI-Genesis has grown from a strong foundation into a global organization, continually expanding its manufacturing and distribution capabilities to support customers’ evolving needs. Today, the company’s six production facilities across North America, Europe and Asia form an increasingly connected global network, combining local capabilities with worldwide expertise.

The addition of Pune represents the latest chapter in PEI-Genesis’s 80-year journey, strengthening the company’s presence in India and further expanding its ability to bring engineering expertise, value-added assembly and reliable interconnect solutions closer to customers around the world.

“India is a critical growth market for PEI-Genesis,” said Alex Tsui, Vice President & Managing Director, Asia Pacific, PEI-Genesis. “The expansion of our Pune facility reflects our long-term investment in the region and our dedication to helping customers accelerate innovation with reliable interconnect solutions.”

About PEI-Genesis 

PEI-Genesis is one of the world’s fastest assemblers of interconnect solutions. From the largest connector component inventory in the world, they develop engineered solutions that support the military, industrial, medical, aerospace, transportation, and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Southampton, UK; Louny, Czech Republic; Zhuhai, China; and Pune, India, as well as sales offices throughout the Americas, Europe, and Asia. More information may be found at www.peigenesis.com.

Media Contact:  

PEI-Genesis

Lisa Quek

Senior Marketing Manager, APAC

lisa.quek@peigenesis.com 

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