26, Oct 2026
LPG Dealers Warn of Countrywide Strike if Demands Remain Unaddressed
NEW DELHI | October 26, 2026
More than 4,000 LPG distributors from different states and Union Territories participated in a protest at CBD Ground in New Delhi on Monday, demanding a revision of distributor commissions, restoration of new LPG connections in affected areas and a resolution to long-pending operational issues.
Organised by the LPG Distributors Association (India), the demonstration brought together distributors and association representatives from across the country. Those present included Dhanotia K. K., Gurpal Mann, Ashutosh Garg, Piyush and Shweta, along with state presidents and other association members.
B. S. Sharma, National President of the LPG Distributors Association (India), said distributors had been seeking a comprehensive revision of their commissions since 2018, citing rising LPG prices and operating costs. He argued that the existing commission structure had not kept pace with the financial burden on distributors.
“After 2018, the price of LPG has increased from around ₹450 to ₹1,000, while commercial LPG prices have risen from ₹1,100 to ₹3,033. However, there has been no corresponding increase in our commission,” B. S. Sharma said.
B. S. Sharma said distributors had repeatedly raised the issue with the government and referred to interim relief provided in 2022 following a study on the need to revise commissions in line with rising costs. However, he maintained that a comprehensive revision remained pending.
“We have been raising these issues continuously for four years and have sought discussions with the government, but our concerns remain unresolved,” B. S. Sharma said.
The association also opposed the government’s March 24, 2026, order concerning the discontinuation of LPG supplies in areas where piped natural gas (PNG) infrastructure is available. B. S. Sharma said the policy could affect LPG distributors’ businesses and limit consumer choice, particularly in areas where private companies are expanding PNG networks.
Another concern raised by the association was the reported suspension of around 3.16 crore LPG connections over incomplete electronic know-your-customer (e-KYC) verification. B. S. Sharma questioned the rationale behind such restrictions and referred to the Supreme Court’s judgment in K. S. Puttaswamy v. Union of India while raising concerns about biometric verification requirements. These figures and legal concerns were cited by the association and require independent verification.
The association also alleged interference by officials of oil marketing companies in distributors’ operations, including changes to distributor indents that it said could affect supply quantities and cause financial losses. It further raised concerns about alleged pressure on distributors to sell additional products, including gas stoves, rubber tubes, lighters and aprons.
B. S. Sharma also raised concerns about arrangements at the protest venue, alleging that barricades and restrictions on public transport and access had prevented some distributors from reaching the site. He said these difficulties had affected participants despite the association’s efforts to organise a peaceful demonstration.
The association has set a one-month deadline for the government to address its demands, including commission revision, a review of LPG connection policies and measures to resolve operational concerns. B. S. Sharma warned that distributors across the country could resort to a nationwide strike if the issues remained unresolved.
The LPG Distributors Association (India) said it remained open to dialogue with the government but called for a time-bound response to its demands.
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- By Neel Achary
26, Oct 2026
TILT Biotherapeutics Presents Encouraging Phase 1b Results in Ovarian Cancer at ESMO 2026
Four of nine evaluable patients responded to TILT-123 combined with pembrolizumab and pegylated liposomal doxorubicin, including two complete responses
Helsinki, Finland – Oct 26: TILT Biotherapeutics (TILT), a clinical-stage biotechnology company developing intravenously delivered cancer immunotherapies, today announces preliminary safety and efficacy results from the Phase 1b portion of its PROTA study (NCT05271318) presented at the European Society for Medical Oncology (ESMO) Congress 2026.
The trial evaluated TILT-123 (igrelimogene litadenorepvec) in combination with MSD’s (Merck & Co., Inc., Rahway, NJ, USA) anti-PD-1 therapy KEYTRUDA® (pembrolizumab) and pegylated liposomal doxorubicin (PLD) in patients with platinum-resistant ovarian cancer.
Out of fourteen patients treated, nine were evaluable by Response Evaluation Criteria in Solid Tumours (RECIST) version 1.1 at the time of data cut-off, four achieved confirmed partial responses, corresponding to an overall response rate (ORR) of 44%. Notably, two of these patients subsequently converted to complete responses, while a third continued to demonstrate an ongoing response that had been maintained for 12 months at the time of analysis. The fourth responder experienced disease progression 21 months after initiating treatment. Of the remaining five evaluable patients, three achieved stable disease and two had progressive disease, resulting in a disease control rate (DCR) of 78%. Preliminary findings indicate that the triplet combination was well tolerated, with no dose-limiting toxicities identified and no unexpected safety signals observed.
Dr Matthew S. Block, MD, PhD, a medical oncologist at the Mayo Clinic and lead investigator of the PROTA trial, commented on the data: “We have been struck by both the high frequency of responses to the regimen used in this clinical trial and the durable nature of those responses. Multiple patients have reported good tolerability of this approach.”
Patient enrolment into the Phase 1b study was completed in January 2026. Several patients continued into an extended treatment period following the initial treatment phase, with some still receiving therapy because of ongoing clinical benefit. The study builds on results from the Phase 1a portion of PROTA, which reported encouraging safety findings and preliminary evidence of anti-tumour activity with TILT-123 in combination with pembrolizumab.
Akseli Hemminki, Founder and CEO of TILT Biotherapeutics, said: “We are encouraged by these results from the Phase 1b portion of the PROTA study. The combination of TILT-123, pembrolizumab and chemotherapy has demonstrated durable responses, along with a favourable safety profile, in a patient population facing limited treatment options. The durability of the responses observed, together with the high disease control rate, further supports our strategy of combining TILT-123 with established immunotherapies and standard-of-care agents to improve outcomes for patients with difficult-to-treat solid tumours.”
Platinum-resistant ovarian cancer remains a significant unmet medical need, with limited treatment options available once resistance to platinum-based chemotherapy develops. TILT’s approach aims to enhance anti-tumour immune responses through the use of oncolytic immunotherapy in combination with immune checkpoint inhibition and standard therapies. The Company believes these encouraging findings continue to support the development of TILT-123 in solid tumours.
26, Oct 2026
Lexology Brings Regulatory Intelligence To Claude With Lexology PRO MCP
LONDON, Oct. 26, 2026 /PRNewswire/ — Lexology today launched an MCP connector that brings global regulatory intelligence directly into Claude. Lexology PRO, the leading source of global regulatory insight and expert analysis for law firms and in-house legal teams, now gives subscribers a way to put that intelligence to work without leaving the AI tools they already use.
Lexology PRO, inside your AI assistant
With Lexology PRO’s MCP, subscribers can ask about laws, regulations and regimes, compliance obligations and deadlines, upcoming and recent regulatory change, or enforcement activity, described in natural language. The connector works inside Claude so research sits alongside the rest of clients’ work. Every answer draws on Lexology PRO’s regulatory updates and specialist analysis and links to the underlying source, so each point can be verified. Using Lexology PRO via MCP enables clients to answer queries, set up new workflows, and connect with their own data within the Claude environment.
Alex Morrall, Chief Product Officer at Centellic, commented, “The launch of our MCP allows our clients to leverage the power of Claude with Lexology PRO’s validated, enriched and contextualized regulatory data. This release is the first step of many, and we’ll continue to expand the datasets and AI tools we support through MCP connectors.”
What Subscribers Can Do
- Ask complex legal questions and get sourced answers.
- Schedule recurring updates on the issues and jurisdictions that matter most to their client.
- Review policies and contracts against current or upcoming regulations.
- Research laws, regulations and regimes across jurisdictions.
- Build on earlier answers and request tables, checklists, timelines or board briefings.
- Build compliance workflows and dashboards
1,200+ Regulatory Sources, Available Today
Lexology PRO provides regulatory updates covering 50+ work areas, 170+ jurisdictions and 1,200+ regulatory sources, supported by expert analysis, a compliance calendar, practical resources, law firm intelligence, comparative guides, primary sources and regulatory obligations. We are bringing that coverage to the connector one content set at a time, starting with the most requested: regulatory updates and analysis.
Availability
The MCP offering requires a Lexology PRO subscription with MCP access included. Each person who connects needs an active subscription. Details on connecting are available at https://www.lexology.com/interoperability/mcp.
About Lexology PRO
Lexology PRO delivers trusted legal and regulatory intelligence that helps General Counsel, in-house legal teams and compliance professionals navigate change, manage risk and support critical business decisions.
Lexology PRO is built on expert analysis, exclusive insight from leading law firms, practical guidance and AI-enabled tools to surface what matters most quickly, explain its impact and help teams act with confidence.
Built to support the way legal and compliance teams work, Lexology PRO connects monitoring, insight and practical action through the Lexology platform, integrations, APIs and MCP-enabled access within the AI platforms your teams already use.
Media Contact: Janeanne Josephson, pressrelease@lexology.com
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26, Oct 2026
Delhi Records Moderate AQI as Environment Minister Credits Public Efforts for Improvement
New Delhi, Oct 26: Delhi’s air quality remained in the ‘moderate’ category on Monday morning, with an Air Quality Index (AQI) of 187 recorded at 8 am, according to the Central Pollution Control Board (CPCB). Delhi Environment, Forest and Wildlife Minister Manjinder Singh Sirsa credited residents, civic authorities and law enforcement agencies for their efforts to control pollution.
Representational Image
Sirsa said the city’s AQI was around 180 on Monday, compared with 153 the previous day, and thanked Delhi residents for their cooperation in efforts to improve air quality.
“The Delhi government, our colleagues in the Municipal Corporation, Delhi Traffic Police and the citizens of Delhi have continuously provided tremendous support,” he said.
The minister also acknowledged neighbouring states and police personnel in adjoining districts, saying enforcement measures over the past three days had focused on preventing polluting vehicles from entering the national capital.
Air Quality Varies Across Monitoring Stations
While Delhi’s overall AQI remained moderate, readings across monitoring stations showed significant differences in pollution levels.
Burari recorded an AQI of 128, while Badarpur registered 125. Nangloi reported 150, JNU recorded 157 and Mandir Marg stood at 165.
However, several locations continued to report poor air quality. Jahangirpuri recorded an AQI of 251, followed by R.K. Puram at 233, CRRI Mathura Road at 231, Punjabi Bagh at 229, Narela at 227, Mundka at 226 and Vivek Vihar at 240.
The figures indicate that, despite the citywide reading falling within the moderate category, pollution remains a concern in several neighbourhoods.
White Foam Returns to Yamuna Ahead of Chhath Puja
Meanwhile, the reappearance of white foam in the Yamuna near Okhla Barrage has raised fresh concerns about river pollution ahead of Chhath Puja. Visuals on Saturday showed a layer of foam on a stretch of the river flowing towards Kalindi Kunj.
Delhi Minister Parvesh Verma said foam was not visible along most of the 52-kilometre stretch of the Yamuna flowing through Delhi. He attributed the visible foam near the boundary with Uttar Pradesh to water falling from a height.
Verma also said preparations for Chhath Puja were progressing well, with additional ghats being developed and the Delhi Jal Board set to provide clean water at the sites. He said officials had been instructed to ensure that arrangements were in place for the festival.
The foam’s reappearance has once again drawn attention to the Yamuna’s continuing pollution challenges.
GRAP Stage I Measures in Place
Delhi’s air pollution remains a concern as winter approaches. Last week, the Commission for Air Quality Management (CAQM) invoked Stage I measures under the Graded Response Action Plan (GRAP) after air quality in the Delhi-NCR region deteriorated to the poor category.
The measures include restrictions on the use of coal and firewood in tandoors at hotels, restaurants and open-air eateries. The operation of diesel generator sets is also restricted, except for essential and emergency services.
With pollution levels varying across the capital, authorities continue to face the challenge of sustaining improvements in air quality while addressing persistent pollution hotspots and broader environmental concerns.
26, Oct 2026
Verosoft Launches Verovia to Turn AI into Industrial Value
New Microsoft-first AI orchestration platform connects industrial systems, enterprise applications, and AI agents to automate operations and accelerate AI adoption.
MONTRÉAL, Oct. 26, 2026 /PRNewswire/ — Verosoft, a Microsoft-first industrial technology company, today announced the general availability of Verovia, its AI orchestration and automation platform designed to help industrial organizations move beyond AI experimentation and put artificial intelligence to work across their operations.
Verovia connects industrial equipment, enterprise applications, and AI agents to automate processes across systems and departments. Built around the Microsoft ecosystem, the platform enables organizations to deploy AI without replacing their existing technology infrastructure.
“After more than 20 years developing enterprise asset management solutions within Microsoft Dynamics, we’re extending our expertise with The Asset Guardian (TAG) into AI orchestration and automation,” said Martin Turgeon, President of Verosoft. “We can now connect industrial data directly to AI, put information into business context, and automate processes across entire operations.”
Industrial AI Built for Results
Building on its IoT capabilities introduced in spring 2026, Verosoft brings together equipment monitoring, asset management, and AI-powered automation to help industrial organizations operate more efficiently.
In pilot projects across transportation, energy, construction, and manufacturing, Verosoft’s technologies are showing promising early results, particularly in reducing equipment downtime, accelerating data analysis, and eliminating manual data entry in specific workflows.
“AI’s real value isn’t measured by the number of agents deployed, but by the work they accomplish,” said Alexis Turgeon, Director of Innovation at Verosoft. “We’re seeing dramatic improvements in operational efficiency by connecting AI directly to business processes. Verovia makes these capabilities accessible and scalable across the industrial enterprise.”
Enterprise AI with Governance Built In
Verovia enables IT teams to manage how AI agents access information, interact with applications, and execute actions.
With Microsoft Entra ID integration, role-based permissions, approval workflows, and auditable activity records, organizations can expand automation while maintaining visibility and human oversight of critical decisions.
New Growth Opportunities for Microsoft Partners
Verovia creates opportunities for Microsoft partners to expand into industrial AI orchestration and automation.
By providing the infrastructure for connectivity, AI agents, application development, and governance, Verovia allows partners to focus on solving customer challenges rather than building an entire AI technology stack.
Microsoft Dynamics 365 and Azure partners can develop industry-specific solutions, accelerate implementations, and introduce recurring AI consulting and managed services.
See Industrial AI in Action at Convergence 2026
Verosoft will showcase real-world industrial AI use cases and measurable results at Convergence 2026, taking place December 8–11 in Miami Beach, Florida.
Availability
Verovia is available beginning October 26, 2026, with a free version that enables organizations and Microsoft partners to explore AI orchestration and automation.
About Verosoft: Propelling Industries
Verosoft is a Microsoft Solutions Partner for Business Applications and a Microsoft-first operational technology company that builds software to help industrial enterprises prevent unplanned downtime and orchestrate governed AI across their sites and systems. Its two main product lines are TAG Mobi, an enterprise asset management platform deployed in more than 150 countries, and Verovia, an AI orchestration and automation platform. Both are built on Microsoft Dynamics 365. Verosoft serves organizations ranging from single-site operators to 2,000-user enterprise deployments through a global network of more than 60 certified Microsoft partners.
Media Contact: Louis-Philippe Tremblay, Verosoft, marketing@verosoftdesign.com; www.verosoftdesign.com
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26, Oct 2026
UPI Handles Nearly 80 Crore Transactions Daily, Says Nirmala Sitharaman in Odisha
Jatni, Oct 26: India’s Unified Payments Interface (UPI) is processing nearly 80 crore transactions every day and more than 2,400 crore transactions a month, Union Finance Minister Nirmala Sitharaman said during a visit to Odisha on Sunday, highlighting the country’s rapid progress in digital payments.
Representational Image
Sitharaman made the remarks while inaugurating the Reserve Bank of India’s (RBI) new Data Centre and Cyber Security Training Institute at Jatni in Khordha district. She said UPI transactions had increased approximately 13,000 times since 2016-17, reflecting the growing adoption of digital payment services across the country.
UPI Driving India’s Digital Payment Growth
The Finance Minister described UPI as the world’s largest real-time payment system, pointing to its expanding role in India’s digital economy.
She also highlighted the wider growth of the country’s fintech ecosystem, which is helping extend financial services such as credit, insurance and investment opportunities to people accessing these services for the first time.
The expansion of digital payments, she said, underscores the importance of building secure and reliable infrastructure to support India’s increasingly digital financial system.
Data Centres Key to Digital Infrastructure
Describing data centres as the “vaults of the digital age,” Sitharaman noted that the government granted infrastructure status to data centres in 2022.
She also referred to the tax holiday announced in the Union Budget 2026-27 for foreign companies providing global cloud services through data centres located in India.
The measures reflect the growing importance of data storage, cloud computing and digital infrastructure as India’s technology-driven services continue to expand.
New RBI Facility to Support Critical Payment Systems
The newly inaugurated RBI Data Centre will house mission-critical payment systems, including Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT).
The accompanying Cyber Security Training Institute, which includes a dedicated research wing, will focus on building expertise in cybersecurity, artificial intelligence and data centre technologies.
The facilities are expected to strengthen the technological foundation supporting India’s banking and payment networks, with an emphasis on security, resilience and reliability.
Focus on Secure and Reliable Digital Finance
As digital transactions continue to grow, the need to protect payment systems and financial data remains a key priority.
Sitharaman’s remarks at Jatni highlighted both the scale of India’s digital payments expansion and the importance of investing in infrastructure and specialised cybersecurity skills to support the next phase of digital finance.
26, Oct 2026
RBI’s New Bhubaneswar Data Centre to Boost Security of India’s Digital Payment Systems
Bhubaneswar, Oct 26: The Reserve Bank of India’s (RBI) newly inaugurated data centre in Bhubaneswar is set to strengthen the country’s domestic digital infrastructure and enhance the security and resilience of critical financial systems, Union Finance Minister Nirmala Sitharaman said on Sunday.
Representational Image
Speaking at the inauguration of the RBI’s Data Centre and Cyber Security Training Institute, Sitharaman said the facility would add to India’s capacity to support essential payment systems, including Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT), which facilitate fund transfers across the banking network.
Prime Minister Narendra Modi inaugurated the facility in the presence of Sitharaman, RBI Governor Sanjay Malhotra and other dignitaries.
Government Pushes Domestic Data Infrastructure
Highlighting the government’s efforts to expand India’s data infrastructure, Sitharaman noted that data centres were granted infrastructure status in 2022.
She also referred to the tax holiday announced in the Union Budget 2026-27 for foreign companies providing global cloud services from data centres located in India.
According to the Finance Minister, the new RBI campus represents another step towards strengthening domestic capacity for systems that form the backbone of the country’s payment ecosystem.
RBI Governor Stresses Cybersecurity and Resilience
RBI Governor Sanjay Malhotra said the new data centre would improve the capacity, resilience and security of the central bank’s critical systems.
Emphasising the importance of cybersecurity in maintaining confidence in digital banking, Malhotra said secure systems were essential for earning and retaining public trust.
He highlighted the RBI’s existing frameworks covering information technology governance, cyber resilience, outsourcing, third-party risks and digital payment security, which are designed to protect the financial system from emerging threats.
The Governor also pointed to the growing use of data analytics and supervisory technology to identify potential risks at an early stage.
Training Institute to Build Advanced Technology Skills
The accompanying Cyber Security Training Institute is expected to strengthen professional capabilities within the RBI and the wider banking and financial services sector.
The institute will focus on areas such as cybersecurity, data science, cloud computing and artificial intelligence, helping financial sector professionals respond to evolving technological challenges.
Malhotra also emphasised the importance of responsible artificial intelligence, saying its adoption should be guided by accountability, fairness and explainability.
UPI Growth Highlights India’s Digital Payments Expansion
Sitharaman also highlighted the rapid expansion of India’s digital payments ecosystem, describing the Unified Payments Interface (UPI) as the world’s largest real-time payment system.
According to the Finance Minister, UPI’s annual transaction volume has increased approximately 13,000-fold since 2016-17. The platform now processes more than 2,400 crore transactions in a single month, equivalent to nearly 80 crore transactions a day, she said.
The growing scale of digital payments has increased the importance of secure, reliable and resilient financial infrastructure capable of supporting high transaction volumes.
With its new data centre and specialised training facility, the RBI aims to strengthen the technological foundations of India’s financial system while supporting the safe and reliable delivery of essential banking and payment services.
26, Oct 2026
PM Modi Joins 12th BRICS Parliamentary Forum, Interacts with International Delegates
New Delhi, Oct 26: Prime Minister Narendra Modi participated in the 12th BRICS Parliamentary Forum on Monday and interacted with foreign delegates at the Central Hall of Samvidhan Sadan in the Parliament House complex in New Delhi.
The forum has brought together parliamentary leaders and representatives from BRICS member and partner countries to strengthen legislative cooperation, promote mutual understanding and advance people-centric development.
The gathering is attended by presiding officers and parliamentary leaders, Union Ministers, Deputy Chairman of the Rajya Sabha Harivansh, presiding officers of state legislatures, Members of Parliament and other dignitaries.
Om Birla Emphasises Cooperation and Democratic Values
Lok Sabha Speaker Om Birla chaired the meeting and welcomed delegates from BRICS member nations, stressing the importance of dialogue, mutual respect and cooperation in addressing shared challenges.
In his inaugural address, Birla described the participation of parliamentary delegations in India as a significant opportunity to reinforce their common commitment to collaboration.
He said the forum reflected a shared commitment to dialogue, mutual respect and democratic values, despite differences in geography, culture, language and social backgrounds.
Birla also noted that the BRICS Parliamentary Forum is marking its 20th anniversary this year, with the organisation expanding its reach and capacity to influence global developments and international relations.
BRICS Nations Share Global Responsibilities
Highlighting the collective significance of BRICS, Birla said the member nations represent nearly half of the world’s population, account for about one-third of the global landmass and hold a substantial share of the global economy and international trade.
He said these factors reflected the group’s collective strength as well as its responsibility in global affairs.
The Speaker emphasised that parliamentary engagement could help build trust among nations, reduce international tensions and encourage peaceful approaches to resolving global challenges.
According to Birla, legislators have an important role in fostering mutual understanding and creating opportunities for constructive dialogue across national boundaries.
Birla Calls for a Stronger Voice for the Global South
Birla underlined BRICS’ potential to amplify the voice of the Global South in international discussions, calling for practical action alongside shared ambitions.
He stressed that the group’s aspirations should translate into achievable initiatives rather than remain confined to discussions.
Referring to the unanimous adoption of a Joint Statement at the BRICS Summit held in New Delhi under Prime Minister Narendra Modi’s chairmanship, Birla described the outcome as a significant achievement and thanked the participating member nations.
The parliamentary forum is expected to provide a platform for delegates to exchange perspectives, deepen cooperation and explore ways to respond collectively to global challenges.
Through discussions on parliamentary collaboration and people-centred development, the gathering seeks to strengthen engagement among BRICS countries and reinforce their role in international affairs.
26, Oct 2026
FL Technics Indonesia Secures EASA Certification for Bali Hangar, Expanding Capabilities to European Fleets
BALI, Indonesia, Oct. 26, 2026 /PRNewswire/ — FL Technics Indonesia has received EASA Part-145 approval for its Bali facility, allowing it to maintain aircraft registered in the European Union. With this approval, FL Technics Indonesia is one of only a few MRO facilities in Indonesia to hold EASA certification.
The European Union Aviation Safety Agency (EASA) approval covers base and line maintenance for the Airbus A320 family (CEO and NEO) and Boeing 737 Classic, Next-Generation, and MAX aircraft, the most widely operated commercial platforms in global aviation today.
While the facility has successfully provided maintenance solutions for aircraft registered across the Americas, Asia, Africa, and Australia, the new EASA certification enables the company to perform maintenance for European carriers operating under strict regulatory frameworks which follow comprehensive technical and quality audits conducted by EASA inspectors across the hangar’s infrastructure, tooling systems, and engineering workforce.
“The facility is preparing to start the work for an EU-based operator by next week, with further arrivals expected in November 2026. FL Technics Indonesia is also positioned to serve operators across Asia, the Middle East, and Australia that require EASA-approved maintenance,” as stated by Martynas Grigas, Chairman of FL Technics Indonesia.
The Bali facility covers 17,000 m² at I Gusti Ngurah Rai International Airport and includes three hangars with three aircraft bays and a state-of-the-art 2,000 m² paint booth. Strategically located in Denpasar, the facility combines advanced technical capabilities with a central regional footprint, offering comprehensive airframe maintenance solutions designed to minimize downtime while meeting strict safety standards.
More Photos
FL Technics Indonesia – EASA Photos
About FL Technics Indonesia
FL Technics Indonesia is an EASA & FAA Part-145 certified subsidiary of FL Technics, global provider of integrated aircraft maintenance, repair, and overhaul services, and family member of Avia Solutions Group, the largest aerospace business group with more than 100 offices and production stations worldwide.
FL Technics Indonesia operates a 27.520 m² hangar and office complex at Soekarno-Hatta International Airport, Jakarta, and three-hangar facility spanning 17.000 m² at I Gusti Ngurah Rai International Airport, Bali, supported by more than 700 aviation experts. FL Technics Indonesia is an integrated aircraft maintenance solutions provider with an extensive Base & Line Maintenance support network across the globe.
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26, Oct 2026
Rapidus and HCLTech announce partnership for next-generation semiconductor technologies
TOKYO and NOIDA, India, Oct. 26, 2026 /PRNewswire/ — HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, and Rapidus Corporation, a Japanese company developing and manufacturing advanced logic semiconductors, today officially inaugurated two HCLTech development centers in India dedicated to supporting Rapidus’ evolving semiconductor engineering requirements.
The centers, located in Bengaluru and Hubli, will leverage HCLTech’s global leadership in core engineering to offer Rapidus a range of semiconductor engineering capabilities, including mask design, design infrastructure, process design kit development, design technology co-optimization and layout design.
HCLTech will also collaborate with Rapidus to build a pipeline of Indian engineering talent to meet Rapidus’ evolving talent requirements in Japan.
“Building a strong engineering ecosystem is essential as Rapidus advances our mission to establish next-generation semiconductor manufacturing capabilities in Japan,” said Dr. Atsuyoshi Koike, Representative Director and CEO, Rapidus Corporation. “Through this collaboration with HCLTech, we expect to access India’s growing pool of semiconductor engineering talent and establish dedicated development capabilities that complement our operations in Japan. We look forward to working together to develop the technical expertise and resources needed to support our long-term objectives.”
“Advanced semiconductors will define the technologies of the next decade,” said C Vijayakumar, CEO and Managing Director, HCLTech. “This partnership reflects the growing strategic collaboration between Japan and India, bringing together Rapidus’ next-generation semiconductor ambitions with HCLTech’s engineering expertise to accelerate chip adoption, compress time-to-market and lay the foundations for the next era of semiconductor innovation.”
About HCLTech
HCLTech is a global technology company, home to more than 230,000 people across 60+ countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending September 2026 totaled $14.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.
About Rapidus Corporation
Rapidus Corporation aims to develop and manufacture the world’s most advanced logic semiconductors. We will create new industries together with our customers through the development and provision of services to shorten cycle times in design, wafer processes, 3D packaging and more. We will continue to challenge ourselves in order to contribute to the fulfillment, prosperity and happiness of people’s lives through the use of semiconductors.
For further details, please contact:
HCLTech
Meredith Bucaro, Americas – meredith-bucaro@hcltech.com
Elka Ghudial, Europe – elka.ghudial@hcltech.com
James Galvin, APAC – james.galvin@hcltech.com
Nitin Shukla, India, Middle East & Africa – nitin-shukla@hcltech.com
Rapidus Corporation
contact@rapidus.co.jp
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