6, Oct 2026
Kotak Mahindra Bank and United Way Bengaluru collaborate to strengthen learning infrastructure across five government schools in Telangana
~Initiative expected to benefit approximately 2,200 students in Sangareddy district~
Oct 06: Kotak Mahindra Bank Limited (“KMBL”/“Bank”), in partnership with United Way Bengaluru (“UWBe”) and in collaboration with the Department of Women Development and Child Welfare, Government of Telangana, today announced the refurbishment of five government schools in Narayankhed, Sangareddy district, Telangana, under the Model School Project.
The initiative seeks to strengthen the schools’ physical infrastructure and create a safe and welcoming learning environment for approximately 2,200 students from the nearby areas.
The project includes comprehensive civil, electrical and structural upgrades across classrooms, hostels, corridors, kitchens, dining areas and toilets. The improvements cover repairs, painting, waterproofing, electrical work, enhanced water and sanitation facilities, and the provision of essential classroom infrastructure to create a safe and learner-friendly environment for students.
As part of the initiative, the refurbished Telangana State Model School and Junior College at Pothulaboguda, Narayankhed, was inaugurated by Ms. Rathikanti Rohini, District Education Officer, Sangareddy District in the presence of representatives from the local administration, Kotak Mahindra Bank and United Way Bengaluru.
Education is a key focus area under Kotak Mahindra Bank’s CSR agenda. Through this initiative, the Bank aims to help strengthen the foundational conditions required for meaningful learning by improving the environment in which children study. The project aligns with the Bank’s CSR vision of improving the quality of life of communities and its mission of creating lasting value by addressing pressing development challenges through focused interventions, including education.
Commenting on the initiative, Ridhi Bhatia, Senior Vice President, Group CSR, Kotak Mahindra Bank said “At Kotak, we believe that access to a safe and enabling learning environment is fundamental to helping children realise their potential. Strengthening school infrastructure helps create conditions that encourage students to attend school regularly and learn effectively. Through our partnership with United Way Bengaluru and the Government of Telangana, we aim to help schools build stronger foundations for learning and create lasting value for the communities they serve.”
Rajesh Krishnan, CEO, United Way Bengaluru, said “Every child deserves the opportunity to learn in a safe, inclusive and engaging environment. Through the Model School Project, we are working with Kotak Mahindra Bank and the Government of Telangana to strengthen essential school infrastructure and create spaces that support students’ learning and overall development. We believe that partnerships such as these can help schools become more conducive to learning and create a meaningful, long-term impact in the lives of children and their communities.”
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- By Neel Achary
6, Oct 2026
ServiceNow launches AI Workflow Factory to turn workflow improvement into a continuous, agentic AI-powered loop
India’s partner ecosystem to deploy new autonomous coding to scale global development
MUMBAI, India, Oct. 6, 2026 /PRNewswire/ — ServiceNow (NYSE: NOW), the Super Intelligence Control Tower for business reinvention, today announced AI Workflow Factory and Autonomous Engineer solutions that discover where AI can improve work and deliver one unified way to build and run, and extend AI workflows across the enterprise to directly address the execution gaps caused by fragmented, legacy infrastructure.
Enterprises can use AI Workflow Factory and Autonomous Engineer solutions to scale business operations in days, not months, all while being governed by AI Control Tower.
Announced in India at World Forum Mumbai, the news reinforces India’s role as one of the key markets for governed, enterprise-wide AI transformation. ServiceNow’s partner ecosystem in India is adopting AI Workflow Factory and deploying new developer capabilities including unattended coding for autonomous planning, building, and testing of implementation work with ServiceNow’s Autonomous Engineer. Developers get access to everything they need in one place to scale delivery, while retaining control of critical decisions.
“The next phase of AI demands connected execution, not fragmented solutions,” said Bhaskar Babu, ServiceNow Business Group India lead, Accenture. “ServiceNow’s AI Workflow Factory is designed to help organizations build and sustain AI automation across the applications and systems they already use. For our clients, this can help bridge the gap between AI investment and measurable business outcomes, while maintaining the visibility and governance needed to extend AI across the organization.”
“We are helping enterprises embrace systems of cognitive work where AI agents, enterprise knowledge and workflows come together with people driving direction and governance,” said Anant Adya, EVP and Co-Head, Cloud, Infrastructure and Security, Infosys. “ServiceNow’s AI Workflow Factory and Autonomous Engineer, together with Infosys Topaz and Infosys Cobalt, help enterprises move from isolated AI initiatives toward secure, scalable and continuously improving intelligent systems.”
One platform, one governed loop with AI Workflow Factory
Instead of starting a new transformation project each time a business problem surfaces, every outcome helps reveal the next opportunity for multi-process improvement with AI Workflow Factory – a continuous workflow improvement loop to deliver repeatable AI transformation. The loop connects:
- Process Mining – identifying which business processes should change, tied to the KPIs that business units measure
- Autonomous Engineer and Build Agent – helping teams to build new workflow improvements and control quality
- App Engine – to run the new, improved workflows, safely at scale
The business challenge could be to increase case deflection by 20 percent across several business units. Traditionally, an organisation would need to put together a mature case deflection team, and pilot in one business unit, before moving to the next. With AI Workflow Factory, the outcome leads the process. Process Mining shows where cases can be deflected today, then the ‘factory’ builds the workflows, AI agents roll them out across the business units in tandem and continue to refine this process against the listed outcome, all within the guardrails you set in AI Control Tower. Your developers, strategists, UX designers and product operators move off the build and on to the next innovation for your business.
People still set the direction and approve the outcome, while AI moves more of the work forward at scale, with the ServiceNow AI Control Tower enabling enterprises to govern AI assets throughout the loop.
“Customers in India and around the world are no longer asking whether AI can improve the business — they are asking how fast they can turn that improvement into measurable outcomes, safely and at scale,” said Amit Zavery, President, Chief Operating Officer and Chief Product Officer, ServiceNow. “AI Workflow Factory brings the full cycle of reinvention onto the ServiceNow platform, so teams can move from idea to impact continuously, with control and governance built into every step.”
Move faster without giving up control
As AI takes on more work, enterprises need to maintain visibility and control, especially in regulated industries. AI Control Tower governs the workflows, decisions, and agent actions running through AI Workflow Factory. For enterprises in regulated sectors such as BFSI and telecommunications, ServiceNow India’s data centers provide resilience, auditability, and the oversight required to put AI to work responsibly.
Why this matters for India
India’s enterprises are operationalizing AI faster than the global average, and enterprise AI investment grew 119% in a single year, one of the strongest showings among the markets ServiceNow surveyed in its 2026 Enterprise AI Maturity Index. The gap isn’t ambition or pace. It’s turning that speed into governed, connected execution: closing legacy integration gaps and containing the ‘solutions sprawl’ the same research flags as a top risk. That’s the specific problem AI Workflow Factory is built to close.
Connecting the enterprise with ServiceNow
Build applications and AI agents with ServiceNow, along with any AI development tools your teams also use, then run and scale them with the ServiceNow AI Platform under one governance model and one audit trail. Through Action Fabric, AI Workflow Factory extends that same governed loop to third-party AI agents and tools. The result is choice without sacrificing control and the AI Control Tower brings one governed view for the enterprise.
Availability: AI Workflow Factory is globally available today. Autonomous Engineer Early Access is available on request.
Media Contact
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Anuj Bhinde +91 72084 21492 |
Saheli Mukhopadhyay +91 99201 67891 |
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6, Oct 2026
Dubai real estate remains on track for rental record while primary market sales continue to set pace
Dubai South leads off-plan sales for seventh consecutive month
A market analysis from fäm Properties today revealed that the primary market delivered 25,441 third quarter sales worth AED52.6 billion compared with 11,988 resales valued at AED40.3 billion.
Just over 67% of all secondary market sales transactions were made in cash in Q3, which culminated in September with some notable month-on-month increases in sales volumes, as well as rentals.
Plot sales for last month were up 28.8% MoM to 237 valued at AED3.8 billion, commercial transactions, including offices and shops rose 27.7% to 539 worth AED2.2 billion, while villa sales increased by 3.9% to 1,428 at AED8.6 billion. The month also brought 9,055 apartment sales worth AED 14.8 billion.
Data from DXBinteract meanwhile shows that 48,639 rental contracts were registered across Dubai’s freehold areas in September, a 22.6% MoM increase. The volume of new contracts climbed 25.6% YoY to 25,345, while renewals increased by 7.6% YoY to 23,294.
This takes the total number of freehold rental contracts recorded for the first nine months in 2026 to 298,984, a 6.8% increase on the same period in 2025 which ultimately set a full-year record of 377,926 registered contracts.
“The figures show that Dubai’s primary sector remains the main driver of sales activity, while the resale market continues to attract significant cash investment,’ said Firas Al Msaddi, CEO of fäm Properties.
“At the same time, the rental figures point to sustained demand across the established freehold sector. Taken together, the data shows a market that remains active, but with different segments moving at different rates.”
The most expensive villa sold in September went for AED260 million at Eome, while the most expensive apartment was sold for AED71 million at Como Residences at Palm Jumeirah.
For a seventh consecutive month, Dubai South was the emirate’s best-performing area in primary market sales volume, recording 737 off-plan transactions worth AED980.5 million.
With properties worth more than AED5 million accounting for 8.3% of sales, 10.3% were between AED3-5 million, 14.6% between AED2-3 million, 32.4% between AED1-2 million and 34.1% were below AED1 million.
The leading area of Dubai in freehold rentals in the first nine months of this year is Al Warsan First, with 28,825 registered tenancy contracts. Underlining a consistent apartments preference in the market, 124,113 (42%) of tenancy contracts registered were for one-bedroom units.
TOP FIVE PERFORMING AREAS IN OFF-PLAN SALES SEPTEMBER 2026
Volume Sales value
Dubai South 737 AED980.5M
Wadi Al Safa 3 560 AED574.5M
Al Barsha South Fourth 442 AED491.4M
Jebel Ali First 394 AED860.5M
Al Hebiah First 361 AED720.4M
BEST-SELLING PROJECTS DURING SEPTEMBER 2026
Primary market apartments
Project Volume Value Median price
Valia – Tower 263 AED725.4M AED2.3M
Primary market villas
Project Volume Value Median price
Greenz By Danube 62 AED305M AED4.5M
Resale apartments
Project Volume Value Median price
Dune Residency Dubai 32 AED24.0M AED651.2K
Resale villas
Project Volume Value Median price
Damac Lagoons – Portofino 16 AED49.6M AED2.6M
TOP TEN AREAS BY RENTAL CONTRACTS REGISTERED IN FIRST 9 MONTHS OF 2026
Al Warsan First 28,825
Jebel Ali First 24,710
Al Barsha South Fourth 24,564
Business Bay 19,781
Marsa Dubai 16,453
Nadd Hessa 15,722
Al Thanyah Fifth 12,459
Al Barsha South Third 10,655
Wadi Al Safa 5 10,009
Dubai Investment Park First 9,898
6, Oct 2026
IIM Lucknow Faculty Research Examines Gendered Expectations in Senior PR and Corporate Communications Roles
Lucknow, 6th October 2026: Indian Institute of Management Lucknow (IIM Lucknow) faculty , in collaboration with a faculty from NMIMS School of Business Management, Mumbai, finds that women in senior Public Relations (PR) and corporate communications roles often have to establish not only their professional competence, but also their legitimacy as leaders.
While women constitute a substantial share of the PR profession, the study finds that authority within the sector can still be associated with masculine norms.
Drawing on in-depth interviews with 24 women in senior PR and corporate communications roles, the research examines what it takes for women to reach senior positions and how they navigate expectations once they get there.
The findings of this research have been published in the prestigious Public Relations Review, an Elsevier journal, in a paper co-authored by Prof. Medha Bakhshi, Assistant Professor, Communication, IIM Lucknow and Prof. Papiya De, Assistant Professor, NMIMS, Mumbai.
The findings indicate that women in senior PR roles often face competing expectations about how they should behave and present themselves. Participants described having to be ambitious without appearing selfish, assertive without being perceived as aggressive, visible without inviting judgement, and successful while continuing to meet expectations around “respectable” behaviour for women.
The researchers also examine how perceptions of PR itself can shape these expectations. The profession emerged in liberalising India with an image associated with glamour, sociability and appearance. The study suggests that this association can lead to women in PR being judged not only on their professional capabilities, but also on their appearance, manner, sexuality and choices outside the workplace.
The study identified four recurring patterns in the accounts of the women interviewed:
Ø Participants described being perceived as either inadequate mothers or inadequate employees when professional and family responsibilities came into conflict.
Ø Participants reported being treated as objects in a profession often perceived as glamorous and appearance-oriented.
Ø Women were sometimes expected to overcome workplace obstacles through individual effort, rather than having those barriers addressed institutionally.
Ø Participants described being excluded from important opportunities, including instances where larger or more significant clients were more frequently assigned to male colleagues.
However, the participants in the study were not passive in responding to these challenges. They described developing new skills, working through self-doubt and deliberately adapting their professional identities. Some challenged sexist assumptions and spoke up against them. Others used their positions to improve workplace conditions for colleagues, including by advocating for changes to maternity policies, protecting employees’ time and creating opportunities for other women.
Elaborating on the findings, Prof. Medha Bakhshi, Assistant Professor, Communication, IIM Lucknow, said, “The research reveals that women’s agency within organisations is far more ambivalent than either a story of constraint or empowerment would suggest. Women fashion themselves within structures that continually ask them to accommodate, recalibrate and prove themselves, but in doing so they also acquire the capacity to unsettle those structures, to contest inherited orthodoxies, to recast what leadership might look like, and, sometimes, to alter the conditions under which the next woman will be permitted to lead.”
The researchers argue that organisations need to examine the criteria used to identify talent, assess leadership potential and make promotion decisions, rather than placing the burden on women to adapt to existing norms.
The study also calls for workplace cultures that challenge stereotypes linking professional competence with appearance or sociability, alongside clearer and more objective standards for assessing expertise, leadership and strategic contribution.
The researchers highlight that understanding women’s leadership in PR requires attention to individual career trajectories, and to the wider professional and organisational contexts in which those careers unfold. They suggest that further research should examine how these experiences differ across career stages and social and regional contexts, offering a broader understanding of leadership and career progression in the profession.
6, Oct 2026
Three Scientists Share 2026 Nobel Prize in Physiology or Medicine for Breakthroughs in Optogenetics
Stockholm, Oct. 6: The 2026 Nobel Prize in Physiology or Medicine has been jointly awarded to Karl Deisseroth, Peter Hegemann and Georg Nagel for their pioneering discoveries involving light-gated ion channels and optogenetics.
The Nobel Assembly at Karolinska Institutet announced the prestigious award, recognising scientific breakthroughs that have transformed the way researchers study and understand the brain and nervous system.
A breakthrough powered by light
The work of the three scientists laid the foundation for optogenetics, a revolutionary technique that allows researchers to control the activity of specific nerve cells using light.
At the heart of this technology are light-sensitive proteins known as channelrhodopsins. Hegemann and Nagel played a crucial role in discovering and characterising these light-gated ion channels, while Deisseroth helped establish optogenetics as a powerful tool for controlling neural activity and studying the brain.
In simple terms, optogenetics enables scientists to use pulses of light to switch selected nerve cells on or off with remarkable precision. This has opened new possibilities for investigating how neural circuits influence behaviour, emotions, memory and other complex brain functions.
Transforming neuroscience
Before optogenetics, studying the activity of individual groups of neurons with such precision was extremely difficult. The technique has since become an important tool in neuroscience, helping researchers investigate the biological mechanisms behind the brain’s functions and neurological disorders.
The breakthrough is also contributing to research aimed at developing new treatments. Light-sensitive proteins and optogenetic approaches are being explored in areas such as vision restoration, offering potential new avenues for patients with certain retinal disorders.
The Nobel Committee’s recognition of Deisseroth, Hegemann and Nagel highlights how a fundamental discovery about light-sensitive proteins can evolve into a technology capable of transforming modern neuroscience.
6, Oct 2026
OCI N.V. statement regarding correspondence from the Dutch association for retail investors (VEB)
AMSTERDAM, Oct. 6, 2026 /PRNewswire/ — OCI Global N.V. (“OCI”) (Euronext: OCI) OCI N.V. today publishes the letter received from the Dutch association for retail investors (VEB) dated 18 September 2026, and OCI’s response dated 1 October 2026. The correspondence relates to certain aspects of the NNS offer memorandum and the proposed transaction involving OCI and Orascom Construction, including: (i) the waiver provision applicable to tendering shareholders; (ii) arrangements relating to Dutch dividend withholding tax; and (iii) the conditions remaining to completion of the OCI/Orascom transaction.
OCI remains committed to providing shareholders with timely and transparent information regarding the NNS Offer and the proposed OCI/Orascom transaction.
Annexes
VEB letter to OCI – Dutch (18 September 2026)
VEB letter to OCI – English Machine Translation (18 September 2026)
OCI letter to VEB – (1 October 2026)
ABOUT OCI GLOBAL
Learn more about OCI at www.oci-global.com. You can also follow OCI on LinkedIn.
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6, Oct 2026
Elliott Management Statement on L’Air Liquide S.A.
LONDON, Oct. 6, 2026 /PRNewswire/ — Elliott Investment Management L.P. and Elliott Advisors (UK) Limited (“Elliott”), which advise funds that together hold a significant economic interest in L’Air Liquide S.A. (“Air Liquide” or the “Company”), today issued the following statement in connection with the Company’s 2026 Capital Markets Day:
“Elliott welcomes the value-creating initiatives announced on Monday as part of Air Liquide’s new strategic plan, including its target to improve margins by 400 to 600 basis points by 2030 and its first-ever large share buyback, which we believe should start immediately. The Company’s targets for annual growth of 5% in revenue and 10% in EPS through 2030 highlight the strength of its business and the opportunities in AI, electronics, healthcare and space.
We view these announcements as a positive first step, with targets that reflect the Company’s traditionally prudent approach and leave room for significant outperformance. Elliott looks forward to continued constructive dialogue with Air Liquide as the Company works to close the margin and valuation gaps with peers and create long-term shareholder value.”
About Elliott
Elliott Investment Management L.P. (together with its affiliates, “Elliott”) manages approximately $80.3 billion of assets as of June 30, 2026. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.
Media Contacts:
London
Alice Best
Elliott Advisors (UK) Limited
T: +44 20 3009 1715
abest@elliottadvisors.co.uk
Paris
Steele & Holt
Daphné Claude / Laura Barkatz
T: +33 6 66 58 81 92 / +33 6 58 25 54 14
elliott@steeleandholt.com
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6, Oct 2026
MTCM Launches Talea DRN: One Private-Market-Note, Two Rails, for Arrangers and Investors, with Bank Frick as Digital-Asset-Partner and Paying-Agent
Talea DRN lets arrangers issue one note reaching traditional and digital investors, fully fungible under one audit, with Bank Frick, Europe’s blockchain-banking pioneer, as digital-asset partner.
LUXEMBOURG and BALZERS, Liechtenstein, Oct. 6, 2026 /PRNewswire/ — MTCM Securitization Architects today launched Talea DRN, a Luxembourg securitization note issued in two forms from the same audited compartment: a traditional ISIN security and a digital token. Investors hold the same note, same collateral, same rights, in whichever form suits them.
How it works. Both forms are the same note, not a synthetic copy or separate instrument. MTCM does not tokenize an existing security, it represents the note itself as a token, fully fungible with the ISIN. Investors can switch forms without changing the note’s denomination or legal rights, and subscribe in fiat, crypto or stablecoin.
For arrangers: no longer choosing between a traditional issuance and a tokenized one: Talea DRN structure reaches banks and institutions through Clearstream/Euroclear, and digital-native, international investors through the token.
The name. Talea is Latin for a rod or cutting. For centuries, debts were recorded on tally sticks split into two matching halves, one for creditor, one for debtor. Talea DRN carries that idea forward: one note, two forms, one right.
“Investors shouldn’t have to choose between the system they trust and the technology they want,” said Pedro Herranz, Managing Partner and Group CEO, MTCM. “Talea DRN gives them one note in two forms: traditional settlement and custody, or the speed and reach of digital. For arrangers, that means a much wider investor-base.”
“We value our collaboration with MTCM. By combining their securitization expertise with our experience in capital markets and digital assets, we support issuers operating across traditional and digital infrastructure” said Roman Wildhaber, Head of Capital-Market-Solutions, Bank Frick.
Each compartment is ring-fenced, bankruptcy-remote and independently audited under Luxembourg securitization law, giving arrangers wider distribution and investors access anywhere.
More on how the structure works: https://mtcm.ch/securitization/talea-dual-rail-note/
About MTCM Securitization Architects
MTCM is an independent, self-administered Luxembourg securitization platform with over €2.5 billion in capital under service. Make any asset bankable.
About Bank Frick
Bank Frick is a regulated bank based in Liechtenstein, providing banking and capital market services to financial intermediaries, asset managers and issuers. Services include Paying Agent services, digital-asset custody and trading, issuer services for ETPs, actively managed certificates (AMCs) and private market certificates.
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6, Oct 2026
V-Key Announces Strategic Majority Investment in CloudsineAI to Advance AI Safety and Security for the AI Economy
SINGAPORE, Oct. 6, 2026 /PRNewswire/ — V-Key, a Tower Capital Asia (“TCA”) portfolio company and a leading provider of digital identity and Mobile Application Protection & Security (“MAPS”), today announced a strategic investment in Singapore-based CloudsineAI, a provider of AI cybersecurity and web integrity protection.
The investment advances V-Key’s strategy to address the evolving safety, identity, and security requirements of the AI economy. By integrating V-Key’s expertise in trusted digital identity and cryptographic protection with CloudsineAI’s AI cybersecurity capabilities, already adopted by private and public sector organisations, the companies aim to provide trusted infrastructure for secure AI adoption and the next generation of digital interactions.
As organisations accelerate digital transformation and AI adoption, AI safety is becoming an increasingly important priority for governments and enterprises. Security must now extend beyond authenticating human users to securing applications, AI agents, and other non-human actors that initiate transactions and access systems.
V-Key and CloudsineAI bring together complementary strengths spanning trusted identity, agentic security, and governance. Together, they enable organisations to establish verifiable identities, safeguard digital interactions, and maintain accountability across critical business processes.
“This strategic investment reflects our conviction that identity will become the control layer for the AI economy,” said Joseph Gan, Co-Founder and CEO of V-Key. “As organisations deploy AI agents alongside human users, AI safety requires more than authentication. Trusted identity, governed access, secure digital interactions, and verifiable accountability will be critical. By combining V-Key’s expertise in identity management and application security with CloudsineAI’s strengths in agentic cybersecurity, we are building the trust infrastructure for secure and responsible AI-powered services.”
Matthias Chin, Founder and CEO of CloudsineAI, said, “Digital and AI transformation increasingly depends on trust between people, organisations, applications, and AI agents. Together with V-Key, we are combining identity governance with TraceCtrl’s agentic AI security suite, giving customers greater identity, visibility, traceability, and control as they deploy AI.”
The combined offering will provide customers across regulated industries, including financial services, government, healthcare, and critical infrastructure, with a more integrated approach to securing digital and AI interactions, strengthening governance, and supporting regulatory compliance.
Seth Lim, Senior Vice President at Tower Capital Asia, said, “Our investment in V-Key was founded on the belief that identity and digital trust will become foundational to the next generation of the digital economy. V-Key’s strategic investment in CloudsineAI extends this vision into AI safety, combining its strengths in digital identity and application security with CloudsineAI’s expertise in AI cybersecurity. We see significant opportunities for innovation and expansion across Asia-Pacific and beyond.”
About V-Key
Founded in 2011, V‑Key provides digital identity, authentication, and mobile application security for banks, enterprises, and government‑linked organisations. Its AI-powered platform, built around the patented V‑OS Virtual Secure Element and V-OS App Identity, delivers hardware‑grade security in software, enabling secure onboarding, access and transaction protection across regulated digital markets in Asia and beyond.
About CloudsineAI
CloudsineAI is a Singapore-based provider of AI security and web integrity protection. Its proprietary platforms include TraceCtrl, an agentic AI security suite, and WebOrion®, a web integrity protection platform trusted by enterprises and government customers in Singapore and four other countries.
About Tower Capital Asia
Established in 2016, Tower Capital Asia is a mid-market private equity firm based in Singapore. The firm has led investments in the privatisation and/or buyout of Southeast Asian businesses including AXS, BoardRoom, Eu Yan Sang, and V-Key. As of 30 June 2026, the firm manages assets of more than US$900 million in investments and commitments across all vehicles.
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6, Oct 2026
FILM & TAPE EXPO 2026 to Convene Global Manufacturers and Buyers in Shenzhen
