5, Aug 2026
Belrise Industries Acquires Hyva India’s Tipper Body Business
  • Acquisition strengthens Belrise’s transition to a Tier-0.5 supplier
  • Transaction valued at approximately USD 5.65 million, representing an Enterprise Value (EV) to Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) multiple of approximately 3.60x

PUNE, India, Aug. 5, 2026 /PRNewswire/ — Belrise Industries Limited, one of India’s leading integrated automotive and aerospace component manufacturers with a diverse portfolio of safety-critical systems and engineering solutions announced the acquisition of the Tipper Body Business of Hyva India Private Limited, a subsidiary of JOST Werke SE. This transaction marks a strategic step in strengthening Belrise’s position as a Tier-0.5 supplier within the commercial vehicle ecosystem.

This acquisition aligns with Belrise’s long-term strategy of expanding its capabilities in the commercial vehicle segment and deepening its presence in high growth sectors such as construction, mining, defense and infrastructure. The transaction is based on an EV/EBITDA multiple of approximately 3.60x EV/EBITDA, with a total purchase consideration of approximately USD 5.65 million.

Hyva India’s Tipper Body Business is a well-established platform specializing in the manufacture of tipping solutions, catering to diverse end use applications across construction, mining, and infrastructure sectors. The business has strong engineering and design capabilities and serves all of the top five commercial vehicle OEMs in India.

The business delivered an EBITDA of approximately USD 1.57 million for CY2025, with a return on average capital employed (ROACE) of around 20%, reflecting its operational efficiency and profitability.

The acquisition will further enhance Belrise’s customer portfolio by adding a key European commercial vehicle OEM, while also strengthening its domestic footprint through three manufacturing facilities located in Pune, Jamshedpur, and Bangalore.

Speaking on the occasion, Mr. Swastid Badve, General Manager, Belrise Industries Limited, said:

“We are pleased to welcome Hyva India’s Tipper Body Business into the Belrise family. This acquisition is a strong strategic fit and complements our manufacturing and engineering strengths. It enhances our position in the commercial vehicle value chain and supports our vision of becoming a diversified, global mobility solutions provider. Belrise remains committed to ensuring a seamless transition for customers, employees, suppliers, and business partners, while investing in the future growth and development of the business.”

About Belrise Industries Limited

Belrise Industries Limited (“Belrise”) is a leading integrated precision engineering company headquartered in Pune, India. The Company specializes in the manufacturing of safety-critical systems and advanced engineering solutions for two-wheelers, three-wheelers, and four-wheelers, including passenger vehicles, commercial vehicles, and agricultural vehicles. Through its recent strategic acquisitions in Europe, Belrise has further expanded its capabilities into the production of structural and engine components for the aerospace and defense sectors.

Belrise has a turnover of INR 95,091 million and a market share of approximately 24% in precision sheet metal pressing and fabrication, based on revenue. With 22 manufacturing facilities in India and 2 in Europe, the Company serves 38 OEMs across vehicle segments, including the largest global aerospace and defense OEMs.

About Hyva India Tipper Body Business

Established in 1997, Hyva India introduced telescopic cylinder technology and tipping solutions to the Indian market and has since become a respected player in the heavy-duty commercial vehicle segment. The India Tipper Body Business is the only Hyva business globally dedicated to the design, manufacture, and sale of complete tipper bodies.

Following the transaction, Hyva will continue to own, operate, and invest in its Tipping Kits and Hydraulic Systems business. It will also continue to serve OEMs, body builders, dealers, and customers in India through its comprehensive portfolio of hydraulic and tipping technology solutions.

Safe Harbor Statement:

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

 

 

 

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5, Aug 2026
APR Bharat Launches ‘Bottle Ki Recycle Yatra’ to Take the Message of PET Recycling to Millions of Indians

Muzaffarnagar, Aug 5: The Association of PET Recyclers Bharat has launched ‘Bottle Ki Recycle Yatra’, a unique on-ground awareness and collection initiative aimed at educating people about the value of recycling PET bottles and demonstrating how a discarded bottle can become a valuable resource for the economy.

APR Bharat Launches ‘Bottle Ki Recycle Yatra’ to Take the Message of PET Recycling to Millions of Indians

As part of the 15-day pilot campaign, a specially designed Van will travel across four high-footfall locations in Muzaffarnagar and Meerut, along the Kanwar Yatra route. The campaign will engage pilgrims and the wider public on the importance of responsible disposal, while collecting used PET bottles generated during the pilgrimage and channelising them into the formal recycling ecosystem.

The initiative comes at a time when the government has been emphasising on the need to promote austerity in imports to protect its foreign currency reserves and push for indigenisation of over 200 import-dependent petrochemical items. Global geopolitical disruptions and supply-chain volatility have demonstrated the vulnerability of industries dependent on uninterrupted supplies of virgin polymers. Transition to r-PET is crucial to ensure national resource security, reduce import dependence, and ensure a more resilient domestic packaging supply chain.

The Bottle Ki Recycle Yatra’ campaign seeks to turn one of India’s largest mass public gatherings into a platform for communicating a simple but important message: plastic is not waste when it is responsibly collected and recycled.

Commenting on the launch, Goutham Jain, Director General, APR  Bharat, said,

 “Our main objective of launching ‘Bottle Ki Recycle Yatra’ is to make recycling tangible and relatable. A discarded PET bottle should not be viewed as the end of its journey. With the right collection and recycling systems, it can become the starting point for another bottle. The Kanwar Yatra provides us with a unique opportunity to take the message of recycling directly to people at an extraordinary scale. Rather than simply talking about plastic waste, our campaign demonstrates what happens when PET bottles are collected and channelled into recycling. Through this pilot, we want to create awareness that responsible consumption must also be accompanied by responsible disposal.”

Mr. Jain underscored that, although the Government has mandated the use of 40% recycled inputs in plastic packaging by 2026–27, implementation at the ground level remains limited and falls short of the intended transition towards a closed loop manufacturing ecosystem. He stressed that reliance on virgin PET derived from crude oil depletes national resources. In contrast, the large-scale adoption of recycled PET can help conserve critical resources while accelerating the transition towards a more sustainable, circular, and environmentally responsible plastic value chain.

The awareness van will serve as a mobile information and collection centre, engaging pilgrims and visitors on the importance of segregating and disposing of PET bottles responsibly. The collected PET bottles will subsequently enter the recycling chain, showcasing the circular economy in action.

APR Bharat plans to take the campaign to other parts of the country, including Western, Eastern and Southern India, to build large-scale public awareness around PET recycling and responsible plastic waste management.

“At a time when global polymer supply chains are experiencing volatility and India is simultaneously building significant domestic recycling capacity, recycling has a much larger role to play than simply managing waste. It can help create a more circular, resource-efficient and resilient manufacturing ecosystem for India. Every bottle that is responsibly disposed of and recycled represents a resource that can be recovered and reused,” Jain added.

5, Aug 2026
Schreiber Foods and Ascendion Announce Strategic Partnership to Transform Global Operations and Software Development Using Agentic AI

Multi-year strategic partnership will advance global operations for one of the world’s largest food and beverage companies to accelerate growth and enhance customer service. 

GREEN BAY, WI, and BASKING RIDGE, NJ, Aug. 5, 2026 /PRNewswire/ — Schreiber Foods and Ascendion today announced a multi-year strategic partnership to transform Schreiber’s global operations and software development using agentic AI, advancing the company’s vision to do good through food. Through this partnership, Ascendion will equip Schreiber’s capability centers with AI-native technology to fuel sustainable growth and accelerate innovation across more than 40 locations on five continents.

Ascendion logo

As a trusted food and beverage supplier to the world’s leading retailers, restaurants, distributors, and food manufacturers, Schreiber’s products feed families in more than 95 countries and its global IT capability centers serve more than 10,000 employee-partners worldwide.

“To fuel Schreiber’s next era of rapid growth, we are taking a bold, transformational leap forward in how we operate and serve our customers,” said Trevor Farrell, President of Schreiber Foods. “By leaning into next-generation, agentic AI with Ascendion, we are reinforcing the very foundation of what our customers rely on us for: world-class quality, safety, and service. This technology will empower our employee-partners, accelerate our innovation, and allow us to deliver even greater impact at scale.”

Through the partnership, AI agents will help Schreiber and Ascendion teams get quality and food safety signals to decision-makers faster, modernize the ERP environment, and give regional teams a more unified way to collaborate. Over time, repetitive, high-volume technology work will increasingly be performed by AI agents, freeing Schreiber’s engineers and analysts to focus on work that requires human judgment and creativity. Ascendion’s proprietary Engineering to the Power of AI method and tools will balance work across people and AI to ensure security, privacy, compliance, and ethical alignment.

For Ascendion, the engagement reflects what Chief Executive Officer Karthik Krishnamurthy described as a special kind of responsibility. “Schreiber Foods’ mission is one of the most consequential out there. We are honored to deploy technology that helps Schreiber bring food to people all over the world,” Krishnamurthy said. “Schreiber leaders recognize the impact that can be unlocked by AI-native operations across their global network. It’s a bold vision built on a powerful foundation of success, and we’re thrilled to bring the full power of AI to this partnership.”

Technology is at the core of the partnership. Schreiber has deployed multiple AI tools, and the Ascendion partnership builds on that foundation. Ascendion will leverage AAVA, its proprietary agentic AI platform, to accelerate AI across capability center workflows, drive accelerated decisions on the plant floor, provide stronger traceability across geographies, and lower the technology cost base while increasing operational resilience for the next phase of growth.

“AI is a significant driver of transformation, but its real strength lies in how it empowers our people,” said Sri Kantamneni, Executive Vice President, Chief Information & Digital Officer at Schreiber Foods. “Through this strategic collaboration with Ascendion, we’re equipping our capability centers with AI-native tools that elevate our internal service and operational standards. By giving our employee-partners better, smarter tools to work with, we enable them to focus less on manual processes and more on driving customer success and accelerating our growth.”

“We’re accountable for outcomes, not effort,” added Dharam Gurbani, Chief Growth Officer at Ascendion. “What changes for Schreiber Foods’ plants, customers, and consumers is the only scorecard that matters. Our partnership will re-set expectations for velocity, efficiency, and operational excellence across capability centers in the United States, Mexico, India, Spain, and Poland. We are grateful for the trust Schreiber is putting in Ascendion, and we’re excited to accelerate toward the future.”

To know more about the Schreiber collaboration, click here.

About Schreiber Foods

Schreiber Foods strives to do good through food every day. Based in North America, Schreiber is an employee-owned, customer-brand leader in cream cheese, natural cheese, process cheese, beverages and yogurt. Its more than 10,000 employees and presence on five continents enable Schreiber to be an essential ingredient in its customers’ success. With annual sales of more than $7 billion, Schreiber partners with the best retailers, restaurants, distributors and food manufacturers around the globe. Schreiber also recognizes its responsibility to do good in the world and is driven to make a difference in everything it does.

About Ascendion

Ascendion is an AI-native software engineering company that partners with global enterprises to drive agentic transformation across how they build, modernize, and operate software. AAVA™, Ascendion’s proprietary agentic AI platform, brings expert engineers and AI agents together as one operating model, closing the last mile between ambition and outcome and turning velocity into measurable business results. The result: faster time-to-market and value that compounds over time. Find out more at www.ascendion.com.

Engineering to the Power of AI and AAVA are trademarks or service marks of Ascendion®. AAVA™ is pending registration. Unauthorized use is strictly prohibited.

Schreiber logo

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5, Aug 2026
Furrl’s AI styling engine and commerce app acquired by Reliance Retail

Acquisition to advance Reliance Retail’s AI-first strategy for personalised shopping and discovery

BENGALURU, India, Aug. 5, 2026 /PRNewswire/ — Furrl, a Bengaluru-based AI-powered styling, cataloguing and fashion discovery platform founded by Esha Tiwary, today confirmed that its technology – including its AI Styling Engine and commerce app – has been acquired by Reliance Retail Ventures Limited (RRVL). The acquisition forms part of Reliance Retail’s broader strategy to embed artificial intelligence across its consumer businesses and deliver more personalised, intuitive shopping experiences.

Furrl’s technology transforms fashion catalogues into fully styled outfit recommendations based on individual consumer preferences, helping shoppers discover products in a more contextual and intuitive way. Following the acquisition, the technology is expected to strengthen Reliance Retail’s AI-driven discovery and personalisation capabilities across its digital and omni-channel platforms.

Founded in 2022, Furrl set out to solve fashion discovery given rapidly changing consumer preferences – starting with a catalogue focused on D2C fashion brands, and subsequently developing an AI Styling Engine to help shoppers go from browsing endless catalogues to seeing complete outfits styled specifically for them. Over the past four years, the company scaled its platform across more than 50,000 products from 200+ fashion and lifestyle brands, building deep technical capability in catalogue intelligence, personalisation and outfit-level recommendation.

Commenting on the development, Esha Tiwary, Founder of Furrl, said, “We built Furrl with one conviction: that fashion discovery is broken and AI can fundamentally change that. This acquisition enables our technology to reach millions of customers with Reliance Retail’s scale, and is a powerful validation of what our team built.”

About Furrl:

Furrl (operated by Kleosa Retail Private Limited) is a Bengaluru-based AI-powered styling, cataloguing and fashion discovery platform founded by Esha Tiwary in 2022. The company built an AI Styling Engine that converted product catalogues into personalised, styled outfit recommendations, alongside a consumer-facing commerce app for D2C fashion brands, scaling to over 50,000 products across 200+ brands. In 2026, Furrl’s technology and IP were acquired by Reliance Retail Ventures Limited.

Logo: https://mma.prnewswire.com/media/3008673/6030983/Furrl_Logo.jpg

 

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5, Aug 2026
Sinopec Commissions 50,000-Ton Specialty PVA Facility, Creating World’s Largest Single-Site High-End PVA Production Base

CHONGQING, China, Aug. 5, 2026 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has commissioned a specialty polyvinyl alcohol (PVA) resin facility with an annual production capacity of 50,000 metric tons at its subsidiary, Chongqing SVW Chemical Co., Ltd. The facility achieved stable operation during its initial startup and produced products that met quality specifications, with the first shipment already sent to Europe.

Logo

The new facility increases the site’s total PVA production capacity to 210,000 metric tons per year, making it the world’s largest single-site production base for high-end PVA. The additional capacity will strengthen the supply of specialty materials used in photovoltaics, electronics, optical films, pharmaceuticals and other high-value applications.

PVA is a water-soluble polymer with biodegradable properties and a broad range of industrial and consumer uses. Specialty grades with high purity and transparency are used in optical films, polarizers, pharmaceutical products and safety glass for automobiles and high-speed trains. PVA is also used in textiles, construction materials and water-soluble packaging.

SVW Chemical offers more than 100 PVA grades designed for different performance requirements and market applications. The new facility uses advanced alcoholysis and precision purification technologies to support the large-scale production of specialty PVA products.

During construction, the project team addressed technical challenges involving precise temperature control and consistent product quality. A new polymerization process increased production capacity by 40% compared with earlier-generation equipment. The facility also incorporates four exhaust gas and wastewater recovery units, along with an automated packaging system, to improve resource efficiency and operational efficiency.

The project was completed in 17 months and recorded 1.98 million safe working hours. During commissioning, the team optimized equipment performance and process parameters to achieve stable production and consistent product quality.

SVW Chemical has more than 40 years of experience in PVA research and manufacturing. Its portfolio has grown from one PVA grade at the beginning of operations to more than 100 today. More than 70 products are exported to over 40 countries, providing the company with an established foundation in international markets, including Europe and the United States.

Moving forward, SVW Chemical will use its expanded capacity and research capabilities to develop additional high-value specialty materials, broaden its PVA portfolio and provide customers worldwide with a more reliable supply.

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5, Aug 2026
SVKM’s NMIMS Horizon Expands AI-Embedded Learning to Undergraduate Education

 ~ Curriculum-Embedded AI learning to be introduced across undergraduate programmes at NMIMS campuses ~

MUMBAI, India, Aug. 5, 2026 /PRNewswire/ — Building on the successful implementation of NMIMS Horizon in management education, SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) Deemed-to-be University officially extended the initiative to undergraduate programmes on 3 August, 2026. The next phase brings AI-focused learning to the Schools of Engineering, Science, Pharmacy, and Commerce as part of the University’s vision to integrate emerging technologies into higher education.

NMIMS launches the next phase of NMIMS Horizon, bringing curriculum-embedded AI learning to undergraduate students.

The initiative will be rolled out across NMIMS campuses, providing approximately 40,000 student users access to global learning resources through Coursera at no additional cost. Through NMIMS Horizon, AI-focused learning has been embedded into the undergraduate curriculum, enabling students to build future-ready capabilities alongside their core academic disciplines.

Unlike standalone online learning programmes, the initiative follows a structured, faculty-led academic model that combines mentoring, assignments, projects and assessments. Student outcomes will form part of the University’s academic assessment framework, ensuring that AI learning is embedded within the academic experience rather than delivered as a standalone certification.

To support the rollout, NMIMS faculty members are undergoing specialised training and completing relevant courses before facilitating student learning. This approach combines global learning resources with classroom teaching, enabling students to apply AI across disciplines while strengthening practical understanding across multiple domains.

Speaking about the vision behind NMIMS Horizon, Dr. Sharad Mhaiskar, Provost (Administration), SVKM’s NMIMS Deemed-to-be University, said, “Artificial Intelligence is redefining the way industries operate and the skills they expect from graduates. As a university, our responsibility is not only to respond to this change but to prepare students to lead it. Through NMIMS Horizon, we are embedding AI-focused learning into the academic experience so that students across disciplines graduate with strong domain knowledge, technological fluency and the ability to adapt to an evolving global landscape. This initiative reflects our commitment to continually reimagining education in line with the future of work.

Dr. Koteswararao Anne, Dean, SVKM’s NMIMS Mukesh Patel School of Technology Management and Engineering (MPSTME), Mumbai, said, “The real value of AI lies in its ability to solve practical problems across disciplines. Through NMIMS Horizon, students will apply AI concepts within their own domains through structured learning, faculty mentorship, projects and academic assessments. By integrating these courses into the curriculum, we are enabling students to develop practical competencies that complement their academic learning and prepare them to address real-world industry challenges.”

Through NMIMS Horizon, SVKM’s NMIMS continues to strengthen its vision of building a future-ready education ecosystem that combines academic excellence with emerging technologies, equipping students with the knowledge and skills needed to thrive in an AI-driven world.

 

SVKM’s NMIMS Logo

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5, Aug 2026
Chandigarh University Launches Heritage Tree Conservation Project to Digitally Map and Preserve Centuries-Old Heritage Trees in Mohali

Department of Biosciences at Chandigarh University receives a grant of ₹11-Lakh from Punjab Biodiversity Board; 100 Heritage Trees in Kharar already Mapped

CHANDIGARH, India, Aug. 5, 2026 /PRNewswire/ — As rapid urbanization and infrastructure expansion continue to threaten centuries-old trees of ecological, cultural and religious significance, the need for a systematic scientific approach for their identification and conservation has become essential. Taking a significant step towards the scientific conservation of heritage trees, Chandigarh University has launched an initiative to identify, document and conserve ecologically, religiously and culturally significant tree species across SAS Nagar (Mohali) district.

Chandigarh University researcher Prof. (Dr.) LK Attri along with team working to identify, document, conserve ecologically, religiously, & culturally significant tree species across Mohali

The project will establish the district’s first comprehensive GIS-based database of heritage trees, providing a scientific foundation for evidence-based management and long-term conservation planning while protecting invaluable natural assets for future generations.

The ₹11-lakh project, funded and sanctioned by the Punjab Biodiversity Board (PBB) under the National Biodiversity Authority is being implemented by the Department of Biosciences at the University Institute of Biotechnology (UIBT), Chandigarh University.

Led by Prof (Dr) LK Attri, Head of the Department of Biosciences, along with Dr Shailika Sharma, Assistant Professor, the initiative combines field surveys with advanced Remote Sensing and Geographic Information System (GIS) technologies to scientifically map and assess heritage trees across the district.

Sharing details about the project, Prof (Dr) LK Attri, Head of the Department of Biosciences, Chandigarh University said, “The project is primarily aimed at documenting the present status of heritage trees, including their ecological, cultural and religious significance, through GIS-based digital tagging, geospatial mapping and assessment of key characteristics such as height, trunk diameter, health, biomass and carbon sequestration potential. By integrating field observations with geospatial technologies, the initiative will generate reliable scientific data to support long-term conservation and environmental planning. The project idea was conceived and executed in collaboration and support of Dr Gurharminder Singh, Principal Scientific Officer, Punjab Biodiversity Board.”

Prof Attri further added, “Beyond the documentation part, this project is aimed at establishing a heritage trees list for Mohali highlighting mature trees of exceptional ecological, historical, religious and cultural importance. The database will help government agencies and local authorities prioritize conservation measures including protecting root zones from excavation and soil compaction, monitor tree health and implement preventive interventions such as lightning protection for vulnerable heritage trees.”

Notably, the project has already documented more than 100 heritage trees across Kharar Tehsil, the largest tehsil in SAS Nagar (43.5 per cent) of the district’s geographical area. Using advanced Remote Sensing and GIS technologies, the identified trees are being scientifically classified, geotagged and assessed for their height, trunk diameter, biomass and carbon sequestration potential to build a reliable geo-spatial database for long-term conservation. A dedicated team of research fellows is carrying out extensive field surveys, documentation, geotagging, GIS mapping and spatial analysis of heritage trees.

Highlighting the significance of the initiative, Dr Attri, who is the Principal Investigator, said, “Heritage trees are living symbols of our environmental, cultural and spiritual legacy. Many of these trees have survived for decades and in some cases centuries providing ecological services while remaining deeply connected with local traditions and communities. Through scientific mapping and documentation, we aim to create a strong knowledge base that will support evidence-based conservation and encourage society to recognize and protect these invaluable natural assets.”

The project is expected to deliver multiple public benefits extending well beyond biodiversity conservation. The geo-spatial database can be instrumental in assisting government agencies in environmental resource management, sustainable urban and rural development planning and climate resilience initiatives. By estimating the biomass and carbon sequestration potential of heritage trees, the study will also provide valuable insights into the role of mature trees in mitigating climate change and maintaining healthy ecological balance.

Moreover, the initiative further highlights the importance of preserving trees that hold religious and cultural significance for local communities, ensuring that conservation efforts protect not only biodiversity but also Punjab’s rich social and cultural heritage.

Emphasizing the role of technology in conservation, Dr. Shailika Sharma, Co-Principal Investigator, said, “Modern geospatial technologies allow us to understand our natural resources with far greater accuracy and efficiency. By combining field-based scientific surveys with GIS mapping, we are creating a digital resource that can support informed policy decisions, conservation planning and community awareness. We hope this initiative inspires greater public participation in protecting heritage trees and the ecosystems they sustain.”

By combining scientific research with advanced geospatial technologies, Chandigarh University’s heritage tree mapping initiative is creating an important foundation for biodiversity conservation, climate action and sustainable development. The project demonstrates how technology-driven environmental research can help protect Punjab’s natural heritage while supporting evidence-based planning and encouraging greater public awareness about the need to protect the state’s irreplaceable ecological treasures.

“Many of the documented heritage trees, including Peepal, Banyan and Neem are valued not only for their ecological services such as improving air quality, supporting biodiversity and storing carbon, but also for their deep cultural, religious and medicinal significance. For generations, these trees have served as community gathering spaces while continuing to play an important role in traditional healthcare, local livelihoods and environmental sustainability. We also intend to prepare a comprehensive Heritage Tree List for Mohali, a coffee table book highlighting the ecological, cultural and religious significance of these trees, and a web-based GIS platform to make this valuable information accessible to researchers, policymakers and the public,” added Dr. Shailika.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: https://www.cuchd.in/

 

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5, Aug 2026
Commissionerate Police Issue Cyber Alert Over Fake Income Tax Notices on WhatsApp

Bhubaneswar, Aug. 5 (UDN): The Commissionerate Police on Tuesday issued a public advisory cautioning taxpayers against a surge in fake Income Tax notices being circulated through WhatsApp, warning that cybercriminals are exploiting the ongoing belated Income Tax Return (ITR) filing season to defraud unsuspecting citizens.

Commissionerate Police Issue Cyber Alert Over Fake Income Tax Notices on WhatsApp

Pic Credit: x.com/cpbbsrctc

WhatsApp ରେ ଆସୁଥିବା ନକଲି Income Tax Notice, Link କିମ୍ବା Attachment ଠକେଇର ମାଧ୍ୟମ ହୋଇପାରେ।
❌ ଅଜଣା .zip କିମ୍ବା .exe ଫାଇଲ୍ Download କରନ୍ତୁ ନାହିଁ।
🔐 ନିଜର Banking Details, Password ଓ ବ୍ୟକ୍ତିଗତ ତଥ୍ୟ ସୁରକ୍ଷିତ ରଖନ୍ତୁ।

👉 କୌଣସି Tax Notice ଉପରେ ବିଶ୍ୱାସ କରିବା ପୂର୍ବରୁ ଏହାର ସତ୍ୟତା ଯାଞ୍ଚ… pic.twitter.com/8TBYhc0EHd

— COMMISSIONERATE POLICE (@cpbbsrctc) August 4, 2026

According to the advisory, fraudsters are posing as officials of the Income Tax Department and sending deceptive messages containing fake tax notices, malicious links and suspicious file attachments. The objective is to trick users into downloading malware or sharing sensitive personal and financial information.

Police have urged taxpayers not to open or download files, particularly those with .zip or .exe extensions, received from unknown or unverified sources. Such files may contain malicious software capable of compromising mobile phones and computers, allowing cybercriminals to steal banking credentials, passwords and other confidential data.

The advisory also warns against messages promising tax refunds or demanding immediate action to avoid penalties or resolve tax-related issues. Citizens have been advised to verify the authenticity of any Income Tax communication only through official government platforms before responding or clicking on any links.

Emphasising the importance of cyber hygiene, the Commissionerate Police reminded the public never to share banking details, passwords, one-time passwords (OTPs) or other confidential information through messaging apps, emails or unverified websites.

The warning is part of the Commissionerate Police’s ongoing cyber awareness initiative to educate citizens about emerging online frauds and promote safe digital practices. Officials noted that scammers often become more active during the tax filing period, targeting taxpayers with convincing but fraudulent messages.

Appealing to the public to remain vigilant, the police urged citizens to ignore suspicious communications and report any attempted cyber fraud to the appropriate authorities.

“Awareness remains the strongest defence against cybercrime. Stay alert and verify before you trust,” the advisory said.

5, Aug 2026
VAHDAM India Appoints Akhil Arora as Chief Business Officer for UK & Europe

New Delhi, Aug 5: VAHDAM India, the homegrown global wellness brand bringing India’s finest herbs and botanicals to consumers worldwide, today announced the elevation of Akhil Arora as Chief Business Officer – UK & Europe.

VAHDAM India Elevates Akhil Arora as Chief Business Officer – UK & Europe

In his expanded mandate, Akhil will lead VAHDAM’s UK and Europe business end to end, with complete ownership of the region’s strategy, growth, profitability, and P&L. He will oversee all channels across the region, including direct-to-consumer platforms, online marketplaces, offline retail, and distribution, while building the organisation and partnerships required to establish VAHDAM as a leading wellness brand across these markets.

Akhil has been an integral part of VAHDAM’s growth story for over eight years, having joined the company in 2018 as Senior Business Analyst to the CEO. An alumnus of the Indian Institute of Technology  Jodhpur, he has held multiple leadership roles at VAHDAM and played an instrumental role in building and scaling the company’s global online business.

In his new role, Akhil will define the strategic direction of the UK and Europe business, including revenue and profitability growth, brand building, category expansion, consumer acquisition, marketplace leadership, D2C growth, retail and distribution expansion, pricing strategy, supply-chain alignment, working-capital efficiency, and the development of high-performing regional teams.

He will continue to report to Bala Sarda, Founder and CEO of VAHDAM India, and will work closely with the company’s leadership and functional teams to build the UK and Europe region into a significant global business for VAHDAM.

Commenting on the elevation, Bala Sarda, Founder and CEO, VAHDAM India, said:

Akhil has played an instrumental role in shaping VAHDAM®’s growth over the last eight years, particularly in building and scaling our global online business. As we move towards a geography-led organisation and work to establish the UK and Europe as one of our largest global markets, his leadership will be critical in building a consumer-first, locally relevant, and profitable business across the region.”

On his elevation, Akhil Arora, Chief Business Officer – UK & EuropeVAHDAM® India, said:

VAHDAM® has always been more than a workplace for me. It has given me a front-row seat to the building of a truly global Indian brand. I’m incredibly grateful to Bala and the leadership team for this opportunity and for the trust they have placed in me over the years. Wellness, conscious consumption, and digital-first commerce are coming together in a way the world has never seen before, and India is uniquely positioned to lead this shift. I’m excited to work with our incredibly talented teams to deepen our business in the UK and Europe

5, Aug 2026
NuSummit Joins CREST AI Charter Founding Signatories to Advance Trusted AI in Cybersecurity

PLANO, Texas, Aug. 5, 2026 /PRNewswire/ — Artificial intelligence is changing how organizations approach cybersecurity, from threat detection to security operations. As adoption accelerates, trust, transparency, and accountability are becoming the deciding factors in its success.

NuSummit Joins CREST AI Charter Founding Signatories to Advance Trusted AI in Cybersecurity

NuSummit Cybersecurity today announced it has become a Founding Signatory of the CREST AI Charter, joining a group of leading cybersecurity organizations committed to promoting the responsible use of AI across the industry.

Through this commitment, NuSummit Cybersecurity supports CREST’s Nine Principles for AI-Enabled Activities, ensuring its AI-enabled services are built and delivered with strong governance, security, human oversight and accountability.

“Clients don’t just want AI, they want AI that is accountable. That is why, as we embed AI deeper into our cybersecurity offerings, we treat governance and human oversight as non-negotiable. Becoming a Founding Signatory of the CREST AI Charter reflects the standard we set for ourselves, so that every AI-enabled solution we deliver is one that our clients can trust and depend on,” said Anantharaman Sreenivasan (Ganesh), Managing Director and Group CEO, NuSummit.

NuSummit Cybersecurity remains focused on applying AI responsibly, strengthening human expertise, and upholding the highest standards of customer trust.

“AI is changing cybersecurity, but trust will determine how successfully organizations adopt it. We believe responsible AI must combine innovation with transparency, governance and human expertise. Becoming a Founding Signatory of the CREST AI Charter reflects our commitment to helping shape a trusted future for AI-enabled cybersecurity,” said Sameer Shelke, President Americas and Cybersecurity Services Head, NuSummit, and CEO, NuSummit Cybersecurity.

The CREST AI Charter gives organizations an important framework for working through the opportunities and challenges that come with AI. By joining as a founding signatory, NuSummit Cybersecurity is contributing to a shared effort to make sure AI strengthens cybersecurity while keeping confidence and professional standards intact.

About NuSummit

NuSummit is a global technology leader in AI-led digital transformation, spanning applications, data, analytics, cloud and cybersecurity. With over two decades of experience, we serve 300+ clients worldwide, including 22 Fortune 500 companies, with core expertise in banking, insurance and capital markets.

NuSummit Cybersecurity brings deep expertise in Identity and Access Management, Risk Advisory, Security Verification, Managed Detection and Response, and Security Engineering, helping businesses strengthen their security posture and respond to threats with confidence.

For more information, visit us at nusummit.com or write to connect@nusummit.com. To know more about our cybersecurity services, visit cybersecurity.nusummit.com or write to cybersales@nusummit.com.

About CREST

CREST is an international not-for-profit organisation that supports the global cybersecurity community through accreditation, certification and industry standards. Working with governments, regulators and organisations worldwide, CREST helps set trusted benchmarks for cybersecurity capability, professionalism and quality.

As AI reshapes cybersecurity, CREST is helping the industry work through new opportunities and risks through initiatives such as the CREST AI Charter, which promotes responsible, transparent and accountable AI-enabled activities.

 

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