31, Aug 2026
The Girl Who Wants to Make Clean Air a Right on Every Construction Site
New Delhi, Aug 31: When Aarna Gupta was growing up in South Delhi, pollution was something she could see, hear about and occasionally struggle to escape. But it became something far more personal when her grandfather developed lung scarring.
During the COVID-19 pandemic, as her family made repeated trips to the hospital, Aarna began to see environmental inequality differently. She realised that the burden of polluted air is not shared equally—and that for millions of people, exposure to harmful air is not something they can simply choose to avoid.
That realisation eventually took her beyond her own neighbourhood.
Aarna began spending time observing construction sites and speaking with workers and children who live around them. What stayed with her was the everyday exposure: workers spending long hours surrounded by dust and debris, often without masks or adequate protection, while children living around construction sites were breathing the same air.
She also noticed another consequence that rarely makes it into conversations about construction pollution: children missing school because of health problems.
“For me, it became about understanding how environmental inequality impacts people who are out there every day,” Aarna says.
At just 17, that question has led her to Aeroshield, a prototype designed to turn one of the most familiar features of a construction site—the scaffold net—into an active layer of protection against airborne pollutants.
The idea has also taken Aarna into the Top 40 of Samsung Solve for Tomorrow, Samsung’s flagship CSR programme that gives young innovators a platform to develop solutions to real-world problems through mentorship, resources and access to an innovation ecosystem. For Aarna, the programme is an opportunity to take Aeroshield beyond an idea and work towards making it viable at scale.
A scaffold net that does more than contain debris
Construction activity contributes nearly 30% of urban emissions and generates large quantities of airborne particulate matter. Conventional dust-control measures can be temporary, resource-intensive and difficult to maintain under the harsh conditions of active construction sites.
Aeroshield takes a different approach.
Instead of simply containing debris, the proposed low-cost net is designed to capture and degrade pollutants. A starch-based superabsorbent polymer (SAP), synthesised through graft copolymerisation, is designed to trap airborne particles through capillary absorption and electrostatic forces.
The captured pollutants are then targeted for degradation using photocatalytic materials engineered with oxygen deficiencies. When exposed to sunlight, these materials generate reactive oxygen species , creating a pathway to break down trapped pollutants and potentially contribute to the degradation of certain greenhouse gases.
The result is intended to be a construction net that does not merely stand between a construction site and the surrounding environment—but actively works to reduce the pollutants passing through it.
Importantly, Aarna says the ambition is not to create another complicated system that construction sites would struggle to adopt.
Aeroshield is being designed around existing construction infrastructure, with roller-line manufacturing envisioned to make the solution scalable while reducing water use and keeping production costs low.
The prototype is now ready.
A teenager thinking beyond the prototype
For Aarna, however, the technology is only one part of the ambition.
Her larger goal is to see protection for construction workers become part of a broader regulatory shift.
She wants basic protection from construction-related air pollution to become something workers can expect—not something they have to ask for.
“If a labourer feels safe, productivity improves,” she says.
That belief has shaped the way she thinks about Aeroshield. The objective is not innovation for innovation’s sake, but commercial viability: a solution that can be affordable, manufactured at scale and integrated into the way construction already works.
Her journey has also been shaped by the people closest to her.
When Aarna found herself unable to spend as much time outdoors because of pollution, her parents encouraged her to channel her curiosity into science. Her mother, who ran an education centre for children with special needs, also gave her an early understanding of how differently people experience the same environment—and how important it is to design solutions around those who are most vulnerable.
That combination of personal experience, scientific curiosity and social observation has become the foundation of her work.
Aeroshield began with a question about pollution.
It has evolved into a much bigger question about who gets protected from it.
From one girl’s observation to a larger vision for India
Aarna’s journey reflects a larger shift in how India’s young innovators are approaching environmental challenges: not simply asking how to make technology more sophisticated, but how to make it useful, accessible and capable of changing systems.
For Aarna, the answer lies somewhere between the laboratory and the construction site.
The cloth she first imagined has evolved into a technology designed to harness sunlight and accelerate the breakdown of pollutants. The problem she first saw through her grandfather’s illness has expanded into a concern for workers and children exposed to polluted air every day. And the prototype she has built is only the beginning of what she hopes will eventually become a commercially viable product and, ultimately, part of a change in construction-site safety standards.
At 17, Aarna is not claiming that one invention can solve India’s air-pollution crisis.
Her ambition is more focused.
She wants to make sure that the people who build India’s cities do not have to sacrifice their health to build them.
Because sometimes, a solution to a massive environmental problem begins not in a boardroom or a research institute, but with one young person noticing something everyone else has learned to live with—and refusing to accept it as normal.
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- By Neel Achary
31, Aug 2026
KuCoin Partners with FinChain to Integrate FUSD into Its RWA Collateral Mirroring Solution
PROVIDENCIALES, Turks and Caicos Islands, Aug. 31, 2026 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange built on trust, today announced a partnership with FinChain to integrate FUSD into KuCoin’s RWA Collateral Mirroring Solution (RCMS). Through RCMS, yield-bearing FUSD can be connected through custody and mapped as collateral value, adding it to the list of assets supported as RCMS collateral.
Through this partnership, FUSD does not need to be sold beforehand or transferred directly to KuCoin. Its eligible collateral value, assessed within the designated custody framework, can be mapped to relevant KuCoin trading accounts in accordance with platform rules. Eligible institutional users can therefore keep their existing custody and yield arrangements, while using KuCoin’s liquidity, trade execution, risk controls and position management capabilities to deploy capital more efficiently.
KuCoin Bridges RWA Assets and Trading Liquidity via RCMS
RCMS is KuCoin’s off-exchange collateral infrastructure for institutional clients, designed to connect eligible RWA assets held in custody with trading accounts. Through RCMS, KuCoin incorporates mapped collateral value into the platform’s collateral management, risk control, and position management processes, enabling custodied assets to support live trading activity in accordance with applicable rules.
RCMS is therefore more than a technical mechanism for mapping collateral value. It connects asset custody, collateral management, platform liquidity and trade execution within an integrated framework. Institutions can access trading and liquidity more flexibly, without frequently transferring or selling assets.
FUSD is backed by real-world assets such as money market funds and highly rated government bonds. Subject to platform rules, it can serve as both a yield-bearing asset and trading collateral, helping institutions reduce the trade-off between earning yield and accessing trading liquidity.
For KuCoin, the partnership expands the yield-bearing RWA assets supported by RCMS and further strengthens its role as both a trading platform and a provider of institutional market infrastructure. FinChain provides FUSD and its underlying asset backing. KuCoin, through RCMS, platform liquidity, trade execution, and risk management, makes eligible collateral value available for use in trading accounts. Together, the two sides create a complete process from RWA holding and custody to collateralization and trading.
Tika Lum, Head of Global Business Development – VIP & Institutional Business at KuCoin, said:
“For tokenized assets to become an integral component of market infrastructure, issuance and holding alone are insufficient; they must be used safely within prudent risk management frameworks. By adding FUSD to its range of RCMS-eligible collateral assets, KuCoin further connects RWA custodianship, collateral management, liquidity and trade execution, empowering institutions to deploy capital more efficiently while preserving their asset-holding arrangements. Grounded in trust, security and compliance, we will continue collaborating with partners to build institutional-grade infrastructure bridging traditional financial assets and digital asset markets.”
Chen Zhao, CEO of FinChain, said: “We focus not merely on whether FUSD can be held, but whether it can be utilized within real-world trading infrastructure. Acting as collateral within RCMS enables FUSD to convert its underlying asset backing into usable collateral value while preserving yield-bearing performance. This facilitates more agile capital management for institutions across asset allocation, liquidity and strategy execution. Our collaboration with KuCoin marks a pivotal step for FUSD moving from asset issuance toward scenario-based application.”
Compared with RWA products intended primarily for subscription and holding, FUSD, following its integration into RCMS, can also serve as eligible collateral within KuCoin’s trading infrastructure. This arrangement links underlying asset backing, tokenization, custody connectivity, collateral management, risk control, platform liquidity and trade execution, further expanding FUSD’s use in offshore digital asset markets. Going forward, the two parties will continue to work together on collateral eligibility assessment, custody connectivity, risk parameters, and offshore market expansion.
About KuCoin
Founded in 2017, KuCoin is a leading global crypto platform with more than 45 million users across 200+ countries and regions. The platform offers trading in 1,500+ digital assets, along with spot, futures, institutional wealth management and Web3 wallet services, and has been recognized by authorities including Forbes and Hurun. KuCoin has obtained SOC 2 Type II, ISO/IEC 27001:2022, ISO/IEC 27701:2019, ISO 22301:2019 and ISO/IEC 42001:2023 certifications, continuing to strengthen its security and privacy capabilities. Supported by its AUSTRAC registration in Australia and MiCA license in Austria, and under the leadership of CEO BC Wong, KuCoin continues to advance global compliance and innovation.
Learn more at www.kucoin.com.
About FinChain
FinChain is a Web3 brand incubated by Fosun Wealth Holdings. It positions itself as a global physical-financial blockchain network and financial-infrastructure platform supporting real-world-asset on-chain circulation. Centering on on-chain identity, RWA technology, asset issuance and on-chain-liquidity management, FinChain connects traditional-financial assets with digital-asset-use cases and keeps expanding institutional adoption and ecosystem partnerships for FUSD.
For more information: www.finchain.global
Disclaimer
This article is for corporate PR purposes only. It does not constitute an offer, invitation, solicitation, recommendation or promotion of any virtual asset products or services in Hong Kong, nor does it constitute investment advice.
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31, Aug 2026
Shriram Life’s FY26 Maharashtra Growth: Retail Policies up 31%, Retail Premium up 17%, ahead of private industry
HYDERABAD, India, Aug. 31, 2026 /PRNewswire/ — Shriram Life Insurance Company (SLIC) reported strong business performance in Maharashtra during fiscal year 2026, with growth in both retail policies and retail premiums exceeding private industry trends in the state.
During the period, SLIC’s retail policy in Maharashtra grew 31%, higher than the private industry’s growth of 12%. Retail premium growth stood at 17%, compared to 9% growth reported by the private industry during the same period.
“Maharashtra is a key focus market for Shriram Life’s growth, and we are happy to see our efforts bearing fruit. We remain committed to investing in the region and fully expect this growth momentum to continue. Strong policy and premium growth, driven by our expanding footprint, reflects the trust of our customers and distribution partners across the region,” said Casparus J.H. Kromhout, MD and CEO, Shriram Life Insurance.
SLIC remains focused on expanding access to life insurance, strengthening customer engagement, and supporting the long-term financial well-being of individuals and families across Maharashtra.
The company has strengthened its agency and bancassurance network, improved digital onboarding, and upgraded customer service. It continues to grow insurance penetration through protection and savings products, positioning it for steady growth in retail policies and premiums over the medium term.
Overall, SLIC’s new business premium (individual) grew 21% in FY26, up from Rs 1,372 crore to Rs 1,666 crore in FY26. Retail annualised premium equivalent was up 14% in FY26, up from Rs 1,289 crore in FY25 to Rs 1,475 crore in FY26.
About Shriram Life Insurance Company
Shriram Life Insurance is committed to serving every Indian household with protection solutions that matter. With a network of 729 branches across the country, the company provides affordable, reliable, and user-friendly insurance —term plans, endowment, ULIPs, and annuities—helping families secure their tomorrow, today. Over 15.3 lakh in-force policyholders trust us with their financial safety. As of March 2026, our Assets Under Management has grown to ₹15,216 crore. Our easy-to-use apps make purchasing, premium payments, and claim settlements simple and convenient for everyone.
About Shriram Group
Shriram Group is one of India’s leading financial conglomerates, with a strong presence in retail financing, asset reconstruction, wealth management, life insurance, general insurance, chit funds, stock broking, financial product distribution, and asset management services. The Group’s focus is on serving underserved communities, driven by its financial inclusion agenda to bring finance to low-income families and small businesses. Shriram Group serves over 2.98 crore customers, has a marketing force of more than 1.85 lakh, employs over 1.15 lakh people, and operates through more than 4,700 branches. It manages an AUM of ₹3.69 lakh crore as of March 2026.
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31, Aug 2026
AXISCADES Technologies to Acquire Cloud Wave Technologies, Accelerating Entry into Aerospace Manufacturing
Acquisition accelerates AXISCADES’ aerospace manufacturing strategy, combining immediate capability with planned capacity expansion at Devanahalli.
BENGALURU, India, Aug. 31, 2026 /PRNewswire/ — AXISCADES Technologies Limited (NSE: AXISCADES) (BSE: 532395) (“AXISCADES”), listed on the BSE and NSE, on the 28th of August, 2026 announced that its Board of Directors has approved the acquisition of a majority stake in Cloud Wave Technologies Private Limited (“Cloud Wave”), a Bengaluru-based precision engineering and manufacturing company at an enterprise valuation of approximately INR 260 crores (subject to the finalization of accounts and adjustments as set out under the definitive agreements). The transaction marks a significant step in AXISCADES’ strategy to accelerate the scale-up of its Aerospace Manufacturing platform and add immediately operational precision-manufacturing capabilities alongside its established, product-based Aerospace, Defence and Electronics businesses.
Founded in 2014 and headquartered in Bengaluru, Cloud Wave is an AS9100D-certified manufacturer operating seven manufacturing units, providing precision machining, sheet metal fabrication, tooling, plastic injection moulding, 3D printing & surface treatment capabilities. Its customer base spans the Aerospace & Defence and Semiconductor sectors across both domestic and export markets. The company has been consistently growing over the years and is expected to generate 180cr revenue at 22% EBITDA in FY27.
The acquisition is a key inorganic step under AXISCADES’ Power 930 growth plan, which targets continued expansion into aerospace manufacturing. AXISCADES is also separately developing a new Centre for Advanced Manufacturing (CAM) — a 240,000 sq ft, world-class facility on a 20-acre campus at its Devanahalli Aerospace Park — designed to consolidate and scale manufacturing operations, backed by the right talent, to a standard capable of serving global OEMs. AXISCADES will continue to evaluate selective inorganic opportunities that deepen manufacturing capabilities, expand technology access, and strengthen proximity to global customers in the US & EU.
“This is a defining step for AXISCADES. We are leveraging two decades of our engineering and manufacturing legacy to become a significant player in the aerospace manufacturing supply chain ecosystem — addressing a real capability & capacity gap in India, collaborating with existing Tier 1 and Tier 2 suppliers, and serving our global customers. This platform will continue to expand & grow its existing customers and in parallel meet our own internal metallic manufacturing needs across Defence and Electronics, and positions us to bid for domestic programmes with ADA, HAL, DRDO and others.”
— K.P. Mohanakrishnan, Deputy CEO & President – Aerospace, AXISCADES Technologies Limited
“Joining the AXISCADES Group marks an important milestone in Cloud Wave’s growth journey. It provides us with greater scale, access to a broader customer base and the long-term capital required to accelerate our ambitions. Over the past decade, our team has built strong precision-manufacturing capabilities trusted by leading global aerospace and semiconductor customers. We are excited to take these capabilities to the next level as part of a listed, well-capitalised aerospace and defence platform.”
— Satishkumar P., Founder & CEO, Cloud Wave Technologies Private Limited
About AXISCADES Technologies Limited
AXISCADES Technologies Limited is a publicly listed technology Company headquartered in Bengaluru, India, with operations across Europe, the Americas and the APAC region. The company delivers product-based Aerospace and Defence solutions, and advanced Electronics, Semiconductor and AI products, working with long-term strategic partners across global OEMs and Tier 1 suppliers.
About Cloud Wave Technologies Private Limited
Cloud Wave Technologies Private Limited is a Bengaluru-based, AS9100D-certified precision manufacturing Company founded in 2014. Operating seven manufacturing units, Cloud Wave provides precision machining, sheet metal fabrication, tooling, plastic injection moulding, 3D printing, and surface treatment capabilities across the Aerospace & Defence and Semiconductor sectors, serving both domestic and export markets.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding future acquisitions, facility development, and growth targets, which are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. AXISCADES undertakes no obligation to update these statements except as required by applicable law or listing regulations.
View original content:https://www.prnewswire.com/in/news-releases/axiscades-technologies-to-acquire-cloud-wave-technologies-accelerating-entry-into-aerospace-manufacturing-302864690.html
31, Aug 2026
UST to Host GenCyS 2026 Conference Exploring the Intersection of AI and Security
Second annual AI and cybersecurity conference unites technology leaders, researchers and students to explore the future of secure innovation
THIRUVANANTHAPURAM, India, Aug. 31, 2026 /PRNewswire/ — UST, a leading AI and technology transformation solutions company, will host the GenCyS 2026 global AI and cybersecurity conference at its Thiruvananthapuram campus from September 5 – 6, 2026. Building on the success of the inaugural event in 2025, the conference will bring together technology leaders, AI practitioners, security experts, researchers, developers, and students to explore the rapidly evolving intersection of artificial intelligence and security.
The free hybrid conference will feature lectures, technical sessions, panel discussions, and hands-on workshops centred around the convergence of advanced artificial intelligence and robust security practices. Attendees will learn directly from industry experts, exchange ideas, and explore how AI is transforming cybersecurity.
GenCyS 2026 aims to empower participants to innovate safely in an evolving digital landscape, offering insights into emerging AI technologies, evolving security challenges, and the future of secure innovation. The event will also host the GenCyS CTF Finals, bringing together finalists from UST’s capture-the-flag cybersecurity competition that attracted more than 1,500 participants from around the world.
With online participation available for those unable to attend in Thiruvananthapuram and free registration for all, GenCyS 2026 welcomes students, professionals, and technology enthusiasts from around the world to experience two days of dynamic learning, meaningful interaction, and exciting discovery.
Register here: https://events.ust.com/gencys2026
About UST:
Since 1999, UST has worked side by side with the world’s best companies to make a powerful impact through transformation. Powered by technology, inspired by people, and led by our purpose, we partner with our clients from design to operation. Our digital solutions, proprietary platforms, engineering, R&D, products, and innovation ecosystem turn core challenges into impactful, disruptive business outcomes. With deep industry knowledge and a future-ready mindset, we infuse expertise, innovation, and agility into our clients’ organizations — delivering measurable value and positive lasting change for them, their customers, and communities around the world. Together, with 30,000+ employees in 30+ countries, we build for boundless impact — touching billions of lives in the process. Visit us at www.UST.com.
Media Contacts, UST India:
Neha Misri
+44-7733907820
SomSekhar CV
+91-9037888244
Roshni Das K
+91-7736795557
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31, Aug 2026
PM Modi Visits Mahatma Gandhi Centre in Tashkent, Highlights Growing Interest in Indian Culture and Civilisation
Tashkent, Aug. 31: Prime Minister Narendra Modi’s visit to the Mahatma Gandhi Centre at Tashkent State University of Oriental Studies on Sunday offered a glimpse into the growing academic and cultural interest in India in Uzbekistan.
Yesterday’s visit to the Mahatma Gandhi Centre at Tashkent State University of Oriental Studies was interesting for quite a few reasons:
Got to see a vibrant Indology ecosystem.
Saw great passion towards studying about India.
Immense work on Gandhi Ji’s life.
Growing… pic.twitter.com/K4BM69UJwb
— Narendra Modi (@narendramodi) August 31, 2026
During his visit, the Prime Minister witnessed a vibrant Indology ecosystem, with students and scholars demonstrating strong enthusiasm for studying India’s civilisation, culture and history.
A key highlight of the visit was the extensive academic work being undertaken on the life and legacy of Mahatma Gandhi. The Centre has been playing an important role in promoting awareness of Gandhi’s philosophy and contribution among students and researchers.
Prime Minister Modi also noted the growing interest in Tamil culture and literature among the academic community. The increasing engagement with India’s diverse linguistic and cultural traditions was seen as an encouraging sign of deeper people-to-people and academic ties between India and Uzbekistan.
The visit also featured a special interaction with students, who recited a few lines from poems written by Prime Minister Modi. The gesture added a personal and cultural dimension to the visit.
The Prime Minister’s visit underscored the expanding educational and cultural links between India and Uzbekistan and highlighted the role of academic institutions in strengthening mutual understanding and civilisational connections between the two countries.
31, Aug 2026
Shriram Life’s FY26 Maharashtra Growth: Retail Policies up 31%, Retail Premium up 17%, ahead of private industry
HYDERABAD, India, Aug. 31, 2026 /PRNewswire/ — Shriram Life Insurance Company (SLIC) reported strong business performance in Maharashtra during fiscal year 2026, with growth in both retail policies and retail premiums exceeding private industry trends in the state.
During the period, SLIC’s retail policy in Maharashtra grew 31%, higher than the private industry’s growth of 12%. Retail premium growth stood at 17%, compared to 9% growth reported by the private industry during the same period.
“Maharashtra is a key focus market for Shriram Life’s growth, and we are happy to see our efforts bearing fruit. We remain committed to investing in the region and fully expect this growth momentum to continue. Strong policy and premium growth, driven by our expanding footprint, reflects the trust of our customers and distribution partners across the region,” said Casparus J.H. Kromhout, MD and CEO, Shriram Life Insurance.
SLIC remains focused on expanding access to life insurance, strengthening customer engagement, and supporting the long-term financial well-being of individuals and families across Maharashtra.
The company has strengthened its agency and bancassurance network, improved digital onboarding, and upgraded customer service. It continues to grow insurance penetration through protection and savings products, positioning it for steady growth in retail policies and premiums over the medium term.
Overall, SLIC’s new business premium (individual) grew 21% in FY26, up from Rs 1,372 crore to Rs 1,666 crore in FY26. Retail annualised premium equivalent was up 14% in FY26, up from Rs 1,289 crore in FY25 to Rs 1,475 crore in FY26.
About Shriram Life Insurance Company
Shriram Life Insurance is committed to serving every Indian household with protection solutions that matter. With a network of 729 branches across the country, the company provides affordable, reliable, and user-friendly insurance —term plans, endowment, ULIPs, and annuities—helping families secure their tomorrow, today. Over 15.3 lakh in-force policyholders trust us with their financial safety. As of March 2026, our Assets Under Management has grown to ₹15,216 crore. Our easy-to-use apps make purchasing, premium payments, and claim settlements simple and convenient for everyone.
About Shriram Group
Shriram Group is one of India’s leading financial conglomerates, with a strong presence in retail financing, asset reconstruction, wealth management, life insurance, general insurance, chit funds, stock broking, financial product distribution, and asset management services. The Group’s focus is on serving underserved communities, driven by its financial inclusion agenda to bring finance to low-income families and small businesses. Shriram Group serves over 2.98 crore customers, has a marketing force of more than 1.85 lakh, employs over 1.15 lakh people, and operates through more than 4,700 branches. It manages an AUM of ₹3.69 lakh crore as of March 2026.
View original content to download multimedia:https://www.prnewswire.com/in/news-releases/shriram-lifes-fy26-maharashtra-growth-retail-policies-up-31-retail-premium-up-17-ahead-of-private-industry-302861637.html
31, Aug 2026
AXISCADES Technologies to Acquire Cloud Wave Technologies, Accelerating Entry into Aerospace Manufacturing
Acquisition accelerates AXISCADES’ aerospace manufacturing strategy, combining immediate capability with planned capacity expansion at Devanahalli.
BENGALURU, India, Aug. 31, 2026 /PRNewswire/ — AXISCADES Technologies Limited (NSE: AXISCADES) (BSE: 532395) (“AXISCADES”), listed on the BSE and NSE, on the 28th of August, 2026 announced that its Board of Directors has approved the acquisition of a majority stake in Cloud Wave Technologies Private Limited (“Cloud Wave”), a Bengaluru-based precision engineering and manufacturing company at an enterprise valuation of approximately INR 260 crores (subject to the finalization of accounts and adjustments as set out under the definitive agreements). The transaction marks a significant step in AXISCADES’ strategy to accelerate the scale-up of its Aerospace Manufacturing platform and add immediately operational precision-manufacturing capabilities alongside its established, product-based Aerospace, Defence and Electronics businesses.
Founded in 2014 and headquartered in Bengaluru, Cloud Wave is an AS9100D-certified manufacturer operating seven manufacturing units, providing precision machining, sheet metal fabrication, tooling, plastic injection moulding, 3D printing & surface treatment capabilities. Its customer base spans the Aerospace & Defence and Semiconductor sectors across both domestic and export markets. The company has been consistently growing over the years and is expected to generate 180cr revenue at 22% EBITDA in FY27.
The acquisition is a key inorganic step under AXISCADES’ Power 930 growth plan, which targets continued expansion into aerospace manufacturing. AXISCADES is also separately developing a new Centre for Advanced Manufacturing (CAM) — a 240,000 sq ft, world-class facility on a 20-acre campus at its Devanahalli Aerospace Park — designed to consolidate and scale manufacturing operations, backed by the right talent, to a standard capable of serving global OEMs. AXISCADES will continue to evaluate selective inorganic opportunities that deepen manufacturing capabilities, expand technology access, and strengthen proximity to global customers in the US & EU.
“This is a defining step for AXISCADES. We are leveraging two decades of our engineering and manufacturing legacy to become a significant player in the aerospace manufacturing supply chain ecosystem — addressing a real capability & capacity gap in India, collaborating with existing Tier 1 and Tier 2 suppliers, and serving our global customers. This platform will continue to expand & grow its existing customers and in parallel meet our own internal metallic manufacturing needs across Defence and Electronics, and positions us to bid for domestic programmes with ADA, HAL, DRDO and others.”
— K.P. Mohanakrishnan, Deputy CEO & President – Aerospace, AXISCADES Technologies Limited
“Joining the AXISCADES Group marks an important milestone in Cloud Wave’s growth journey. It provides us with greater scale, access to a broader customer base and the long-term capital required to accelerate our ambitions. Over the past decade, our team has built strong precision-manufacturing capabilities trusted by leading global aerospace and semiconductor customers. We are excited to take these capabilities to the next level as part of a listed, well-capitalised aerospace and defence platform.”
— Satishkumar P., Founder & CEO, Cloud Wave Technologies Private Limited
About AXISCADES Technologies Limited
AXISCADES Technologies Limited is a publicly listed technology Company headquartered in Bengaluru, India, with operations across Europe, the Americas and the APAC region. The company delivers product-based Aerospace and Defence solutions, and advanced Electronics, Semiconductor and AI products, working with long-term strategic partners across global OEMs and Tier 1 suppliers.
About Cloud Wave Technologies Private Limited
Cloud Wave Technologies Private Limited is a Bengaluru-based, AS9100D-certified precision manufacturing Company founded in 2014. Operating seven manufacturing units, Cloud Wave provides precision machining, sheet metal fabrication, tooling, plastic injection moulding, 3D printing, and surface treatment capabilities across the Aerospace & Defence and Semiconductor sectors, serving both domestic and export markets.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding future acquisitions, facility development, and growth targets, which are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. AXISCADES undertakes no obligation to update these statements except as required by applicable law or listing regulations.
View original content:https://www.prnewswire.com/in/news-releases/axiscades-technologies-to-acquire-cloud-wave-technologies-accelerating-entry-into-aerospace-manufacturing-302864690.html
31, Aug 2026
WORQ Receives Frost & Sullivan’s 2026 Malaysian Flexible Workspace Competitive Strategy Leadership Recognition for Excellence in Flexible Workspace Strategy
WORQ is recognized for its disciplined growth strategy, transit-oriented workspace network, customer-centric experience, and differentiated approach to Malaysia’s evolving flexible workspace market.
SAN ANTONIO, Aug. 31, 2026 /PRNewswire/ — Frost & Sullivan is pleased to announce that WORQ has received the 2026 Malaysian Flexible Workspace Competitive Strategy Leadership Recognition for its outstanding achievements in strategy execution, market expansion, operational discipline, and customer-centric growth. This recognition highlights WORQ’s ability to strengthen its competitive position while delivering flexible, technology-enabled workplace solutions aligned with the evolving needs of enterprises and occupiers.
Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. WORQ excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale.
“WORQ has built a differentiated growth strategy by combining disciplined site selection, strategic landlord partnerships, and a strong focus on transit-oriented developments. Its continued investment in technology and physical workspace creates lasting value across its ecosystem of landlords, investors, and occupiers,” said Janice Wung, Industry Principal at Frost & Sullivan.
Guided by a long-term growth strategy focused on capital efficiency, demand-led expansion, and strategic partnerships, WORQ has developed a hybrid operating model combining conventional lease structures with partnership-driven arrangements involving institutional landlords. This approach enables access to premium locations while supporting disciplined scaling. The company aims to reach 500,000 square feet by 2027 and 1 million square feet by the end of the decade.
Innovation and operational consistency are central to WORQ’s approach. Its cloud-based operating systems provide real-time visibility across locations, supporting standardized processes and enabling successful workspace models to be replicated with speed and precision. Its network of transit-oriented locations across the Klang Valley further strengthens accessibility and competitive differentiation, with twelve outlets located directly at train stops.
“WORQ is fundamentally an innovation company. From the get-go, our edge has been thinking differently at every stage of this industry’s evolution — prioritizing profitability and efficiency before the market saw it as essential, building the first-of-its-kind transit-oriented coworking network, and establishing coworking as essential infrastructure for the future of work. We also invested early in community and people experience, understanding that both take time to build but compound powerfully at scale. That strategic discipline is why WORQ is now the largest and strongest player in the industry. This recognition from Frost & Sullivan is a strong signal that our strategy is leading the market — and we plan to bring more exciting innovations to the market,” said Stephanie Ping, Co-Founder and CEO of WORQ.
WORQ’s commitment to customer experience further strengthens its market position. Its Space-as-a-Service and Enterprise Solution offerings manage the complexity of office occupation, from site selection and fit-out to facilities management and day-to-day administration. The company also places strong emphasis on wellbeing, community, and engagement. WORQ Well at KL Eco City, Malaysia’s first and only coworking space to receive the WELL Coworking Rating, exemplifies this approach through an experience-led workplace environment designed around productivity and wellbeing.
Beyond physical workspace, WORQ maintains continuous engagement throughout the client life cycle, working with organizations as their headcount, workplace, and operational requirements evolve. More than 62% of customers stay for the long term, while annual revenues exceed MYR 50 million, supported by diversified revenue streams across coworking memberships, private offices, enterprise solutions, meeting rooms, and event spaces.
Frost & Sullivan commends WORQ for setting a strong benchmark in competitive strategy, execution, and market responsiveness. Its disciplined operating model, customer-centric workplace experience, and strategic approach to expansion demonstrate how flexible workspace providers can create tangible value for both occupiers and property partners.
Each year, Frost & Sullivan presents the Competitive Strategy Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in competitive positioning, customer value, and market performance.
Frost & Sullivan Best Practices Recognition
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About WORQ
Malaysia’s largest coworking space operator, WORQ, is built on a space-as-a-service model, and is the leading Transit-Oriented Development (TOD) coworking network in the country. Its vision is simple: to help entrepreneurs and growing businesses connect, collaborate, and Prosper by WORQing Together. This winning formula made WORQ profitable within its first two months and is reflected in the company’s 12 industry awards and accolades, most recently winning Southeast Asia’s Best Coworking Space at the Global Startup Awards 2026. A testament to its reputable status, WORQ has been graced by numerous global icons, including His Majesty King Charles III, then Prince of Wales, during his 2017 visit.
As the needs of businesses evolve, WORQ has expanded its workplace solutions with a people-first approach to employee experience. Guided by the philosophy of Prosper by WORQing Well, WORQ Well @ KL Eco City was launched to bring wellness-led workplace design into coworking, offering a country-club-inspired environment that supports productivity and wellbeing, sporting a full-sized swimming pool, jacuzzi and sauna among other wellness amenities. Through its community-driven model, TOD-connected locations, and focus on sustainable growth, WORQ continues to redefine the future of work in Malaysia.
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31, Aug 2026
HUDA BEAUTY AND CARDI B TURN UP THE SNATCH WITH THE NEW ULTRA SNATCHED COLLECTION
Huda Beauty takes its iconic Easy Bake franchise to the next level with its brightest pink-and-lilac powders yet.
DUBAI, UAE, Aug. 31, 2026 /PRNewswire/ — Today, Huda Beauty teams up with global superstar Cardi B to launch Ultra Snatched, a bold new expansion of the brand’s iconic Easy Bake franchise.
Starring Huda Kattan and Cardi B, the launch introduces a fresh pink-and-lilac color story designed to take brightening, lifting and blurring to the next level across the Easy Bake Loose Setting Powder Duos and Easy Bake Pressed Powders.
Inspired by Huda and Cardi’s shared love of bold, transformative glam, Ultra Snatched pairs complexion-brightening pinks with cool lilacs for a visibly brighter, lifted look. The result? Huda Beauty’s signature airbrushed finish, turned all the way up.
THE SNATCHED BADDIES CAMPAIGN
To launch Ultra Snatched, Huda Beauty joins forces with Cardi B for “Snatched Baddies” — a playful, high-energy campaign bringing together two beauty icons known for doing glam their own way.
Cardi helped shape the creative alongside Huda, bringing her signature baddie energy to the campaign: confident, unapologetic, playful and always down for a full beat. The partnership brings together Huda and Cardi’s distinct worlds through their shared belief that beauty should be fun, expressive and never afraid to be extra.
The cinematic campaign plays with the ultimate switch-up: Huda and Cardi trading lives. As their worlds collide, the campaign showcases the transformative power of the Ultra Snatched routine — with plenty of personality, humor and major glam along the way.
Rolling out across social, digital and in-store, “Snatched Baddies” brings a new attitude to one of Huda Beauty’s most iconic franchises.
THE COLLECTION
Easy Bake Loose Setting Powder Duos | $43
The iconic Easy Bake formula gets an Ultra Snatched upgrade. Each duo features two complementary, ultra-fine loose powders that can be worn alone or blended together to customize your brightening effect. An adjustable selector makes it easy to choose your shade — or mix both.
The formula delivers up to 18 hours of wear with a flashback-free, airbrushed finish.
- Cherry Lilac — fair to light skin tones: Cherry Blossom Cake (sheer soft pink), NEW Lilac Muffin (soft, cool-toned lilac) and a soft pinky-lilac blend when mixed.
- Pink Ube — medium to tan skin tones: Pink Velvet Cookie (deep rosy pink), Ube Birthday Cake (electric lilac) and a rosy-mauve blend when mixed.
Easy Bake Pressed | $40
Easy Bake Pressed gets the Ultra Snatched treatment with two brightening shades designed to instantly lift and perfect the complexion.
The superfine, portable powder delivers up to 12 hours of shine control with a smooth, airbrushed matte finish that never looks cakey.
- Ube Birthday Cake: Medium with cool lilac undertones.
- Pink Velvet Cookie: Tan with warm pink undertones.
GET ULTRA SNATCHED
Using Huda Beauty’s Snatch Map technique, strategically apply Easy Bake Loose Setting Powder Duo to brighten and lift the complexion. Layer Easy Bake Pressed on top to turn up the brightness and lock in that smooth, lifted, airbrushed finish.
Media Contact:
Andrew Durling
andrew.durling@hudabeauty.com
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