ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

Business Wire India ITC Infotech, a global technology services and solutions provider, and InsureMO, the global insurance infrastructure platform, today announced a strategic alliance to help insurers accelerate modernisation through agentic AI. The partnership will focus initially on the Middle East, Africa, and India, with plans to expand into additional markets. The alliance brings together two complementary capabilities: ITC Infotech’s K-Fabric agentic AI framework, which…

CenturyPly Reclaims 30% of IT Workload and Turns Operations Into a Strategic Growth Engine Using ManageEngine Solutions

Business Wire India   ManageEngine Helps CenturyPly Overcome the Industry-Wide Challenge of IT Fragmentation   CenturyPly reported 30% reduction in IT support time The help desk experienced the elimination of daily password-related support calls   Century Plyboards India Limited (CenturyPly), one of India’s leading manufacturers of plywood and building materials, has successfully unified its IT operations on an integrated platform from ManageEngine, a division of…

Moore Nanotechnology Systems (Nanotech) Will Be Acquired by Shibaura Machine Group to Form a New Ultra-Precision Machine Tool Organization

Business Wire India MOORE NANOTECHNOLOGY SYSTEMS (“Nanotech”), today announced that it is being acquired by an affiliate of SHIBAURA MACHINE CO., LTD., an industrial machine-tool manufacturer headquartered in Japan.   Founded nearly 30 years ago by Len Chaloux and Newman Marsilius III as a standalone subsidiary of the Moore Tool Company, Inc., Nanotech has become a global leader in the design, development and manufacture of…

Vista-Backed Amtech Software Opens Bengaluru Innovation Hub, Betting on Indian Talent to Power Global AI-Powered Packaging Technology

Business Wire India   Amtech Software, the leading provider of ERP, MES and CRM solutions for the packaging and labels industry, today announced the opening of its new technology and innovation hub in Bengaluru, India. This strategic investment reinforces Amtech’s commitment to providing practical AI, cloud, and integrated technology to the global packaging and labels industry.   This press release features multimedia. View the full…

First Guests Arrive at Four Seasons Resort and Residences Red Sea at Shura Island from 20 May, as Red Sea Global Launches First JV Resort

Business Wire India Red Sea Global (RSG), the regenerative tourism developer, has reached a major milestone as Four Seasons Resort and Residences Red Sea at Shura Island welcomes first guests from 20 May, marking the first joint venture-developed resort within its portfolio to enter the market.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260518349628/en/     An aerial view of Four…

Belkin Advances Towards Carbon Neutrality in Scope 3 Emissions

Business Wire India Belkin, a leading consumer electronics brand for 40 years, published its 2025 Impact Report, highlighting key achievements and reaffirming its commitment to corporate responsibility. Having achieved carbon neutrality in scope 1 and scope 2 emissions in 2025, the company continues to advance toward scope 3 carbon neutrality through enhanced life cycle assessment capabilities and improved supplier and logistics data collection. In 2025,…

Omdia: Southeast Asia smartphone market shipments decline 9% in 1Q26, as vendors prioritize profitability over share

Business Wire India Latest research from Omdia shows that Southeast Asia’s smartphone market declined 9% year-on-year in 1Q26, with shipments totaling 21.6 million units. However, the standout metric was average selling price (ASP) rather than volume: the ASP reached a record high of $349 in 1Q26, up 19% year-on-year, as memory cost inflation reset device pricing across the region. The divergence between volume and value…

Gradiant Announces Series E Financing at $2 Billion Valuation to Accelerate Expansion in AI, Semiconductors, and Industrial Water Infrastructure

Business Wire India Gradiant today announced the close of Series E financing, valuing the company at $2 billion. The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260518135237/en/       The financing will support Gradiant’s continued global expansion, including strategic acquisitions, accelerated…

AD Ports Group and Borouge Collaborate to Explore Alternative Export Hub on the UAE East Coast

Abu Dhabi, UAE – 19 May 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, has signed a partnership agreement with Borouge Plc (ADX: BOROUGE), a leading petrochemical company providing innovative and differentiated polyolefin solutions, to explore expanded collaboration opportunities aimed at enhancing export resilience and operational flexibility.  The agreement paves the way for both parties to collaborate…

Planetcast Powers Apac Broadcasters With Region’s Largest Commercial Teleport to Scale Hybrid Distribution

SINGAPORE – May 19, 2026 – Planetcast, a global leader in media services and technology, today announced its expanding media delivery and distribution footprint ahead of BroadcastAsia 2026. Anchored by the region’s largest commercial teleport and a hybrid delivery ecosystem spanning broadcast, IP, OTT and cloud-based workflows, Planetcast is helping media companies manage rising distribution complexity while improving flexibility, reliability and speed to market. Backed by WTA…