Category: News

ICFAI Business School Opens IBSAT 2026 Slot Booking and Flexible December Test Schedule for MBA/PGPM Admissions

HYDERABAD, India, Oct. 30, 2026 /PRNewswire/ — ICFAI Business School (IBS) has officially opened the slot booking portal for the IBSAT 2026 entrance examination, introducing a candidate-centric test schedule designed to provide candidates with enhanced flexibility. Aspirants applying for the two-year, full-time MBA and PGPM programs (2027–29) across all nine IBS campuses can now select their preferred test dates and time slots for the December examination window.

IBSAT MBA Exam Slot Booking

The IBSAT 2026 exam is an online, remote-proctored entrance test with a syllabus similar to CAT and other national management entrance exams. It comprises 140 questions across four sections—Verbal Ability, Reading Comprehension, Quantitative Aptitude, and Data Adequacy & Data Interpretation—to be completed in 2 hours.

Flexible Test Schedule and Slot Booking

To offer seamless scheduling, IBSAT 2026 will be conducted across eight distinct test dates spread across four consecutive weekends in December 2026: December 5th, 6th, 12th, 13th, 19th, 20th, 26th, and 27th. Candidates can select between two daily exam slots:

  • Morning Slot: 11:00 AM
  • Afternoon Slot: 3:00 PM

Because seat availability for each test date and time window is limited, applicants are encouraged to complete their slot booking early to secure their preferred schedule.

How to Book Exam Slots

  1. Visit the official portal at ibsat.org and login.
  2. Click on the Schedule IBSAT option in the left navigation menu.
  3. Click on the book slot link
  4. Log in using your Application Number and Password (sent via email from ibsat@ibsindia.org).
  5. Choose your preferred test date and time slot.

Results and Timeline

Under the updated structure, exam results and scholarship allotments will be announced on December 7th, 14th, 21st, and 28th, immediately following each test weekend. This rolling declaration provides candidates with quick outcome clarity and sufficient lead time to arrange travel and logistics for the centralized selection process, scheduled for February 2027 at IBS Hyderabad. Specific dates will be communicated directly to the candidates.

National Mock Tests and Rewards

To assist candidates in their preparation, ICFAI Business School (IBS) is offering free online mock tests on ibsat.org. Two national mock test windows remain open on November 21st and December 9th. Over 5,000 aspirants have participated in previous sessions. The top 100 rankers in the national mock tests will be awarded performance cash prizes:

  • 1st Prize: ₹2,00,000
  • 2nd Prize: ₹1,00,000
  • 3rd Prize: ₹50,000
  • 4th to 100th Rankers: ₹5,000 each

Selection Briefings & Alternate Entrance Scores

In January 2027, ICFAI Business School (IBS) will host selection briefings across major cities nationwide. Dates and venues will be communicated directly to candidates, providing them an opportunity to interact with senior faculty members and alumni.

Candidates planning to submit CAT, XAT, NMAT by GMAC™, or GMAT™ scores are also strongly advised to submit their applications early. Applying early allows candidates to complete their profile registration and receive invitations to the local selection briefings ahead of their official scorecard releases. Throughout the application cycle, designated IBS Information Officers remain available to assist applicants by conducting mock interview rounds.

About IBS Hyderabad

ICFAI Business School (IBS), Hyderabad is a constituent of the ICFAI Foundation for Higher Education. Offering an AACSB-accredited, two-year, full-time MBA program, ICFAI Business School (IBS) combines case-based learning with rigorous corporate exposure. It is ranked 21st by Business Today (2026), 46th in the NIRF rankings (2025), and 3rd globally in the Case Impact Index (2025). Campus placement reports for the Class of 2026 are accessible online at ibsindia.org, while real-time placement updates for the Class of 2027 will be shared during the upcoming selection process. 

Contact:

Office: IBS Admission Office, Plot No. 65,

Nagarjuna Hills, Punjagutta,

Hyderabad – 500082

Toll-Free: 1800 425 55 66 77

Phone: 040 – 23440963

Email: ibsat@ibsindia.org

Websites: ibsat.org | ibsindia.org

 

ICFAI Business School (IBS) Logo

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/icfai-business-school-opens-ibsat-2026-slot-booking-and-flexible-december-test-schedule-for-mbapgpm-admissions-302924509.html

ICFAI Business School Opens IBSAT 2026 Slot Booking and Flexible December Test Schedule for MBA/PGPM Admissions

Hon Hai Technology Group (Foxconn) Unveils 3 Distinctive EV Models At HHTD26

  • MODEL A+ expands B2B product portfolios in fastest-growing B-segment SUV
  • MODEL K+ SUV playful styling gives nostalgic touches of Japan with neo city pop
  • MODEL K taps into kei-class trucks with design language of MODEL T
  • Flexing CDMS strength to accelerate electromobility for automotive clients

TAIPEI, Oct. 30, 2026 /PRNewswire/ — Hon Hai Technology Group (Foxconn) (TWSE: 2317) on Friday flexed its contract design and manufacturing service (CDMS) strength for automotive clients by unveiling three new reference electric vehicles aimed at under-penetrated markets, while offering cost competitive options and flexible design platforms. 

Hon Hai Technology Group (Foxconn) Unveils 3 Distinctive EV Models At HHTD26

Two eye-catching SUVs, the MODEL A+ and MODEL K+, alongside the MODEL K compact truck, extend Foxconn’s electromobility progress into the kei-class trucks popular in Japan and brings the Group’s EV range to a total of 12 reference models.

“The new reference EVs join Foxconn’s emerging ecosystem in electromobility that is accelerating time-to-market, time-to-cost and time-to-technology for our customers and partners,” said Jun Seki, Foxconn Chief Strategy Officer for EV.

All three new models were on display at Hon Hai Tech Day 2026 (HHTD26), the flagship annual technology conference of the world’s largest electronics manufacturer and the world premiere stage for the Group’s B2B electric vehicles. On the exhibition floor in Taipei, Foxconn’s electromobility ecosystem included demos of full stack, made in Taiwan battery developments from materials to cells and packs to BMS; E/E architecture; and powertrains for E2W and E3W.

Among EVs on display, a right-hand drive MODEL B gave attendees a chance to check out the result of CDMS collaboration, while onstage, Honda R&D and Mitsubishi Electric Mobility discussed, in separate remarks, their electromobility developments with Foxconn.

MODEL A+

An expressive luxury style yet authentic SUV for affluent drivers, the MODEL A+ is a deliberate move to expand B2B product portfolios in the fastest-growing B-segment SUV. With In-Wheel Motor technology and selectable EEA, a wild exterior design but ultimate space interior addresses flood capability emergencies, temporary living space and backup power for glamping and camping electromobility lifestyles.

MODEL K+

This is an expressive yet affordable SUV designed for active youth. Playful styling with nostalgic touches recall Japan’s city pop music era of the ’70s and ’80s, but with a neo city pop take for the modern day. The highly distinctive lifestyle SUV for a niche market targets B2B looking to develop their own brand’s lifestyle SUV EV, as well as OEMs looking to offer affordable yet distinctive vehicles for younger customers. With In-Wheel Motor technology, the MODEL K+ offers personalization of exterior, interior, driving range, and EEA for purpose-built capability at a competitive price.

MODEL K

This is a functional yet futuristic truck for forward-thinking business owners. Aimed at the specialized commercial kei truck class, the MODEL K finds use as last-mile and mobility service applications. Its alignment to support compliance to environmental regulations makes it attractive for decarbonization-focused entrepreneurs, municipalities, and government agencies while offering lower total cost of ownership (TCO) through reduced energy and maintenance costs. A functional beauty, inspired by the design language of Foxconn’s award-winning MODEL T electric bus, the canopy-ready MODEL K conceptualizes a lower bed height and longer bed length.

Other reference EV models to-date:

  • MODEL T large bus
  • MODEL C passenger SUV
  • MODEL E luxury sedan
  • MODEL B crossover SUV
  • MODEL V truck
  • MODEL N cargo van
  • MODEL D LMUV
  • MODEL U midi-bus
  • MODEL A modular B-segment

About Foxconn here.

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/hon-hai-technology-group-foxconn-unveils-3-distinctive-ev-models-at-hhtd26-302924529.html

Hon Hai Technology Group (Foxconn) Unveils 3 Distinctive EV Models At HHTD26

Bhubaneswar Police Recover 307 Lost Mobile Phones, Return Them to Owners

Bhubaneswar, Oct 30 (UDN): In a major initiative to reunite people with their lost belongings, the Bhubaneswar Urban Police District (UPD) has recovered 307 mobile phones that were reported lost or stolen at different times and returned them to their rightful owners.

Bhubaneswar Police Recover 307 Lost Mobile Phones, Return Them to Owners

 Pic Credit: x.com/cpbbsrctc

The recovered mobile phones were formally handed over to their respective owners during a special programme organised at the Police Seva Sadan in Bhubaneswar.

Police Commissioner Dr Suresh Deb Datta Singh, IPS, attended the programme along with other senior police officials and personally witnessed the handover of the recovered devices.

Bhubaneswar Police Recover 307 Lost Mobile Phones, Return Them to Owners

307 Mobile Phones Returned to Owners

The recovery drive marks an important step by Bhubaneswar Police towards addressing complaints related to lost and stolen mobile phones and ensuring the return of recovered devices to their rightful owners.

The phones had reportedly gone missing on different occasions, following which efforts were undertaken by the Bhubaneswar UPD to trace and recover them.

The successful recovery has brought relief to hundreds of people who had lost their mobile phones and were waiting to get them back.

Bhubaneswar Police Recover 307 Lost Mobile Phones, Return Them to Owners

Police Reiterate Commitment to Public Service

Sharing details of the initiative through its official social media account, the Commissionerate Police highlighted its commitment to protecting citizens and their property.

The police department reiterated that public safety, prompt assistance and service to citizens remain among its key priorities.

The initiative also reflects the importance of police-public cooperation in tracing missing belongings and addressing everyday grievances.

Bhubaneswar Police Recover 307 Lost Mobile Phones, Return Them to Owners

Commissionerate Police Emphasises People-First Approach

The return of 307 recovered mobile phones is being seen as a significant public-service initiative by the Bhubaneswar Police.

Through such recovery drives, the Commissionerate Police aims to strengthen public confidence and demonstrate its commitment to ensuring that citizens receive assistance in recovering their lost property.

The department has reaffirmed its resolve to continue working towards the safety and security of people across the Bhubaneswar-Cuttack Commissionerate area.

Odisha Weather Alert: Fresh Depression Likely Over Bay of Bengal by October 31, Rainfall Expected From November 1

Bhubaneswar, Oct 30 (UDN): Odisha may face another spell of rainfall as a fresh weather system over the Bay of Bengal is likely to intensify into a depression by October 31, according to the India Meteorological Department (IMD).

Odisha Weather Alert: Fresh Depression Likely Over Bay of Bengal by October 31, Rainfall Expected From November 1

 Representational Image 

The impending weather development comes at a time when several parts of Odisha are still recovering from the impact of Cyclone Arnab, with flooding, waterlogging and disruptions continuing in affected districts.

The IMD has indicated that the developing system could intensify further over the following two days and move towards the Andhra Pradesh coast. Its influence is likely to trigger fresh rainfall in Odisha from November 1.

Low-Pressure System Developing Over South Andaman Sea

According to the meteorological department, a low-pressure area has formed over the South Andaman Sea and is expected to move gradually west-northwestwards.

The system is likely to concentrate into a depression over the southeast Bay of Bengal and adjoining areas by October 31.

IMD Director General Dr Mrutyunjay Mohapatra said the weather system could gain further strength after developing into a depression before moving towards the Andhra Pradesh coast over the subsequent two days.

The projected movement and intensification of the system are being closely monitored by meteorologists.

Odisha May Witness Another Spell of Rain

The approaching system could influence weather conditions across Odisha from November 1, bringing the possibility of fresh rainfall to parts of the state.

The development has raised concerns as several districts are already dealing with the aftermath of heavy rainfall associated with Cyclone Arnab.

Additional precipitation could create further challenges in areas experiencing waterlogging and flooding, particularly where rivers and reservoirs are still responding to the earlier spell of heavy rain.

However, the precise distribution and intensity of rainfall will depend on the system’s subsequent movement and development.

IMD Keeps Close Watch on Developing System

The weather department is monitoring the low-pressure system’s trajectory, intensity and potential impact on the eastern coast.

Further updates regarding rainfall distribution, possible intensification and the likely impact on Odisha are expected as the system develops.

With another weather system approaching the Bay of Bengal, residents, particularly those in previously flood-affected areas, are advised to remain attentive to official IMD forecasts and advisories.

The coming days will be crucial in determining whether the developing depression brings another significant spell of rain to Odisha.

Star Health reports Normalised PAT of ₹390 Crores in Q2 FY27, up 70% YoY, fifth successive quarter of underwriting profit improvement

CHENNAI, India, Oct. 29, 2026 /PRNewswire/ — Star Health and Allied Insurance Company Limited (“Star Health”), India’s largest standalone health insurer, today announced its financial results for the quarter and half-year ended September 30, 2026. The company’s Normalised Profit After Tax increased 70% YoY and stands at ₹390 Crores in Q2 FY27. Underwriting Profit swung positively from a loss of ₹40 Crores in Q2 FY26 to a profit of ₹99 Crores in Q2 FY27.

Star Health Insurance Logo

The Company’s Underwriting Profit for H1 FY27 swung positively from a loss of ₹24 Crores in H1 FY26 to a profit of ₹210 Crores in H1 FY27. Underwriting Profit for H1 FY27 exceeded FY26 full year underwriting profit of ₹198 Crores.

Performance highlights for Q2 FY27

Business Performance

  • GWP (Reported 1/N basis) increased 19% YoY to ₹5,275 Crores
  • Retail Health fresh GWP (Reported 1/N basis) increased 35% YoY

Financial Performance

  • Underwriting Profit: ₹99 Crores compared to a loss of ₹40 Crores in Q2 FY26
  • Normalised Profit After Tax: ₹390 Crores (70% YoY Growth | Q2 FY26: ₹229 Crores)
  • Profit After Tax (PAT): ₹265 Crores (233% YoY growth | Q2 FY26: ₹80 Crores)
  • Combined Insurance Service Ratio (CISR): 98.0% (improvement of 2.9% over 100.9% in Q2 FY26)

Performance highlights for H1 FY27

Business Performance

  • GWP (Reported 1/N basis) increased 19% YoY to ₹9,562 Crores
  • Retail Health fresh GWP (Reported 1/N basis) increased 36% YoY

Financial Performance

  • Underwriting Profit: ₹210 Crores compared to a loss of ₹24 Crores in H1 FY26
  • Normalised Profit After Tax: ₹775 Crores (56% YoY Growth | H1 FY26: ₹496 Crores)
  • Profit After Tax (PAT): ₹815 Crores (57% YoY growth | H1 FY26: ₹518 Crores)
  • Combined Insurance Service Ratio (CISR): 97.9% (improvement of 2.4% over 100.3% in H1 FY26)

The Company tracks profitability through its ‘Normalised PAT’ framework, which is pegged to a normalised annual investment yield of 8% to provide a view of underlying profitability insulated from short-term mark-to-market volatility. Normalised PAT for Q2 FY27 increased 70% YoY to ₹390 Crores and increased 56% YoY to ₹775 Crores for H1 FY27.

Claims Excellence & Customer Trust

  • Star Health settled 22.5 lakh claims during H1 FY27
  • Retail Claims Settlement Ratio improved by 1.4% to 92.4% for H1 FY27
  • Persistency improved by 4% YoY to 102%
  • Company Net Promoter Score (NPS) increased by 4 points to 65

The Company continued to strengthen its claims ecosystem through AI/ML-enabled analytics, network management, wellness interventions, teleconsultation and technology-led claims processing, with the objective of improving precision, efficiency and customer experience.

Digital First approach

Digital remained a key lever for both growth and efficiency during the quarter. The Company’s proprietary Digital D2C channel was the fastest-growing channel with 137% YoY growth in H1 FY27, led by younger customers, higher sum-insured levels and increased participation beyond Metro cities.

97% of fresh policies were sourced digitally, reflecting the depth of digital adoption across the Company’s retail distribution franchise.

During the quarter, the Company upgraded its customer relationship management platform to Salesforce, sharpening lead management and conversion in D2C, and scaled up AI-powered bots across customer acquisition and service. More than half of active agents now use ATOM PRO, the Company’s AI-enabled distribution platform. The Star Health Customer App exceeded 17 million downloads, with 1.5 million monthly active users. In claims, 96% of claims are now processed on the Company’s new AI-enabled platform, with strengthened detection of fraud, waste and abuse.

Distribution Strength

Star Health’s proprietary distribution continued to drive growth, with Agency and Digital D2C together contributing over 90% of GWP in H1 FY27. The Company added 39,000 agents during the half year, taking its agency force to 8.7 lakh, the largest among standalone health insurers, while agent productivity rose 19% YoY. 93% of fresh business came from customers buying health insurance for the first time, and non-metro geographies contributed over 65% of fresh business.

CEO Commentary                  

Commenting on the performance of the Company, Mr. Anand Roy, CEO & Managing Director, Star Health and Allied Insurance Company Limited, said:

“Our customers are at the heart of how we measure progress. This progress is reflected not only in our financial growth, but also in the confidence customers place in us and their experience when they need healthcare support. Persistency improved by 4% YoY to 102%, while our Company Net Promoter Score increased by 4 points to 65. These measures reinforce our focus on earning customer trust through simpler service, responsive support and a smoother claims experience. We are strengthening provider relationships and expanding wellness initiatives to support customers beyond claims, while investing in AI and digital capabilities to make access and service more seamless. Q2 FY27 marked our fifth successive quarter of improvement in underwriting results, and our first-half underwriting profit exceeded that of the entire previous year. This progress supports our commitment to building a resilient business that delivers lasting value for customers and shareholders.”

About Star Health and Allied Insurance: Star Health and Allied Insurance Company Limited (NSE: STARHEALTH) (BSE: 543412), one of India’s leading standalone health insurance companies, commenced operations in 2006 as India’s first standalone health insurance company. Star Health provides Health, Personal Accident and Travel Insurance to its customers. The Company has grown to emerge as one of the preferred health insurance companies in India with several pioneering products and services to its credit. With customer-centricity at its core, the Company has developed superior and innovative product offerings, service capabilities and a seamless claims management process. Star Health offers tailor-made products to cater to needs such as cancer, diabetes and cardiac illnesses, as well as specific segments such as senior citizens, women and children. Star Health is India’s first health insurance company to settle over 1 crore claims.

Star Health and Allied Insurance Co. Ltd. has a strong multi-channel distribution network of 900+ offices, 8.7 lakh agents and robust bancassurance and financial institution partners. The Company has 17,000+ network hospitals and 18,500+ employees.

Talk to Star: helping policyholders plan care with confidence: Star Health offers guided support through 7200 222 333 for eligible policyholders seeking Home Healthcare or planned hospitalisation assistance. Customers can call the number and press 1 for Home Healthcare or press 2 for planned hospitalisation. The service helps customers understand coverage, network hospital options, the cashless process, required documents and care pathways before admission or home-based treatment. Non-policyholders can access free 24/7 Virtual OPD consultations through the Star Health Customer app.

For more information visit www.starhealth.in    

 

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/star-health-reports-normalised-pat-of-390-crores-in-q2-fy27-up-70-yoy-fifth-successive-quarter-of-underwriting-profit-improvement-302924161.html

Star Health reports Normalised PAT of ₹390 Crores in Q2 FY27, up 70% YoY, fifth successive quarter of underwriting profit improvement

Landis+Gyr Announces Second Quarter and First Half FY 2026 Financial Results

CHAM, Switzerland, Oct. 29, 2026 /PRNewswire/ — Landis+Gyr Group AG (SIX: LAND), a global energy technology leader driving intelligent innovation across the grid, today announced unaudited financial results for its second quarter and the first half FY 2026 ended September 30, 2026.

Landis+Gyr Logo

Q2 FY 2026

  • Net revenue of $269.2 million with a record adjusted gross margin* of 38.0% and an order intake of $170.3 million achieved in the quarter

First Half FY 2026

  • Order intake of $337.3 million, representing a book-to-bill ratio of 0.7x, with a backlog of $3.7 billion
  • Major contract award post H1 close in October resulting in $509 million order intake
  • Net revenue of $501.4 million, a decrease of 6.3% year-over-year, driven by project transition timing
  • Adjusted gross profit* increased 4.0% to $189.2 million, with gross margin expanding 370 basis points to 37.7%
  • Adjusted EBITDA* grew 3.5% to $73.9 million, corresponding to a margin of 14.7%, up 140 basis points
  • Income from continuing operations of $51.1 million or $1.84 per share (diluted), an increase of 268%
  • Operating Cash Flow of $74.0 million with continued focus on working capital management

Strategic Initiatives and Outlook

  • Completed in October the return of $175 million to shareholders through share repurchases as announced with the EMEA divestment
  • Continued progress toward a U.S. listing while retaining the Swiss listing
  • Updated FY 2026 guidance: narrowing the net revenue range to between $1,085 and $1,115 million while raising adjusted EBITDA margin to between 15.0% and 16.0%

“Our first half FY2026 top-line performance was in line with expectations and reflected the timing of transition between two major customer deployments, while our continued focus on operational excellence resulted in a record adjusted gross margin in the second quarter,” said Peter Mainz, Chief Executive Officer of Landis+Gyr. “We continue to execute on our strategic trans-formation and returned the proceeds from the EMEA divestment to our shareholders as prom-ised. In recent months we also made further progress in our preparations toward a U.S. listing.”

Davinder Athwal, Chief Financial Officer of Landis+Gyr, commented: “We expect a strong second half of FY 2026, supported by the ramp-up of new customer deployments and continued improvements in profitability, as reflected in our increased adjusted EBITDA margin guidance of 15% to 16%.”

Read the full ad hoc announcement here.

* For a reconciliation of non-GAAP measures, see chapter “Supplemental Reconciliations and Definitions (unaudited)” in this ad hoc announcement.

About Landis+Gyr

Landis+Gyr is a global energy technology leader, delivering intelligent solutions that connect devices, data, and decisions across the grid. Trusted by more than 2,000 utilities worldwide, we transform traditional devices into intelligent, networked sensors, giving utilities real-time grid visibility and system control. With these combined insights, electric, gas, and water companies can anticipate demand, optimize operations, and deliver energy that’s more reliable, resilient, accessible, safe, and sustainable for everyone. For more information, please visit our website www.landisgyr.com.

 

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/landisgyr-announces-second-quarter-and-first-half-fy-2026-financial-results-302924055.html

Landis+Gyr Announces Second Quarter and First Half FY 2026 Financial Results

FP Markets: A Democratic sweep is the market’s base case

LIMASSOL, Cyprus, Oct. 29, 2026 /PRNewswire/ — Control of Congress is the focus on 3 November, as US citizens gear up to vote for all 435 House seats and 35 Senate seats. Importantly, the Midterm elections will help define the trajectory of President Donald Trump’s remaining time in office – a topic that has naturally been in the spotlight recently.

FP Markets Logo

Republicans hold 218 House seats to the Democrats’ 214, and a 53-47 Senate majority. A party needs 218 seats to control the House, so Democrats would need to gain about four seats. Winning the House puts the Speaker’s gavel in Democrats’ hands, enabling them to control which bills reach a vote.

Prediction markets (Polymarket) heavily lean in favour of a Democratic win. As of 29 October, markets priced in a 67% chance of a Democratic sweep of both chambers, a Democratic House with a Republican Senate at 28%, and a Republican sweep at 6%. Separately, the odds show a 93% probability of Democrats winning the House. Based on these odds, a sweep is on the table, but nevertheless far from certain.

FP Markets Chief Market Analyst Aaron Hill commented: ‘With US stock benchmarks at record highs, a key – and let’s face it, obvious – question for many investors is whether equities can remain bid following the Midterms. While I will be the first to say history can never guarantee future performance, studies by JP Morgan suggest that since the 1950s, the S&P 500 has delivered positive returns in the year following each Midterm election. If we see a divided Congress, not much changes, in my view, and it could ease some pressure on longer-dated yields. A Democratic sweep, nevertheless, will raise questions about corporate taxes and regulation, and perhaps serve as a headwind for stocks’.

To take advantage of potential market moves, traders and investors at FP Markets can access a wide selection of key asset classes through world-class trading platforms. These include CFDs on US indices such as the S&P 500 and Nasdaq, major USD FX pairs, and gold and oil, allowing them to trade market reactions as results come in.

About FP Markets:

FP Markets is a global, multi-regulated, award-winning broker established in Sydney, Australia in 2005. The broker offers 10,000+ CFD instruments across seven asset classes, available on industry-leading platforms including MetaTrader 4, MetaTrader 5, TradingView, and cTrader.

FP Markets’ regulatory presence includes the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) of South Africa, and the Capital Markets Authority (CMA) of Kenya.

For more information, visit www.fpmarkets.com 

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/fp-markets-a-democratic-sweep-is-the-markets-base-case-302923988.html

FP Markets: A Democratic sweep is the market's base case

CTR-JK Tyre FMSCI Indian National Car Racing Championship 2026 Creates History with Record 137 Driver/Rider Registrations in Coimbatore

Round 1 delivers 17 races across eight categories at Kari Motor Speedway

COIMBATORE, India, Oct. 29, 2026 /PRNewswire/ — The CTR–JK Tyre FMSCI Indian National Car Racing Championship (INCRC) 2026, presented by DIA Diamonds, opened its season at Kari Motor Speedway, Coimbatore, on 24–25 October with a record 137 driver/rider registrations, the highest for a single round in the championship’s 29-year history.

THUNDER ON GRID: Open-wheel LGB FORMULA machines sit poised lights out on a glistening wet circuit in Round 1 of the CTR JK TYRE FMSCI INDIAN NATIONAL CAR RACING CHAMPIONSHIP 2026.

Organised by CTR Sports in association with JK Tyre, the weekend featured 17 races across eight categories and reinforced the championship’s vision of “One Nation, One Championship.” The event was streamed live and hosted by television presenter and actor Ma Ka Pa Anand, official host of CTR Sports.

Race Winners

Arya Singh, Dhruvh Goswami and Balaprasath each won a Formula LGB F4 race, while Shatveer Shetty claimed two wins in the Formula 1300 Novice Cup. In the Saloon Car categories, Arjun Narendran and Biren Pithawalla split the ISTC wins. Aman Nagdev (ITC) and Deepak Ravikumar (IJTC) each won both races, while Diljith T S won in Super Stock. Levitas Cup winners were Pratik Sonawane in the Gentleman class and Aadam Junaid in the Rookie class. In the Royal Enfield Continental GT Cup, Kabir Sahoch won all three Amateur races, while Senthil Kumar, Navaneeth Kumar and Anish Shetty took the Pro wins.

Leadership Comments

The Executive Director, CTR Sports, said that 137 drivers/riders in a single round is something this championship has never seen in 29 years. They added that it shows One Nation One Championship is working and that every racer in India now has one clear path to a national title.

The President, FMSCI, added that a record entry, run safely across eight categories, is a credit to the organisers, officials and competitors.

Partners

The championship is organised by CTR Sports with JK Tyre, with DIA Diamonds (VNA Jewellers) as Presenting Partner. It is supported by ACCORD Group of Companies (whose portfolio includes The Accord Metropolitan, Chennai), with Bharath Institute of Higher Education and Research (BIHER) as Academic Partner.

Remaining Calendar

Round

Dates

Venue

Round 2

13–15 November 2026

Kari Motor Speedway,

Coimbatore

Round 3

11–13 December 2026

Kari Motor Speedway,

Coimbatore

Grand Finale

TBA

TBA

About CTR Sports

CTR Sports is a motorsport organising company dedicated to developing competitive racing in India through professionally run championships and industry partnerships.

Media Information

CTR Sports – Media & Communications

ranjith@chennaiturboriders.com

Website: www.ctrsports.in

Instagram: @incrc_

X: @ctrjktfmsci

YouTube: @IndianNationalCarRacingChampionship

 

FULL THROTTLE FUN: From Single seaters & Levitas Cup racers lining the starting grid to a towering Bumble bee mascot stealing the spotlight, R1 of the CTR JK TYRE FMSCI INDIAN NATIONAL CAR RACING CHAMPIONSHIP 2026 blended serious motorsport with fam friendly carnival energy.

Cision View original content to download multimedia:https://www.prnewswire.com/in/news-releases/ctrjk-tyre-fmsci-indian-national-car-racing-championship-2026-creates-history-with-record-137-driverrider-registrations-in-coimbatore-302923866.html

CTR-JK Tyre FMSCI Indian National Car Racing Championship 2026 Creates History with Record 137 Driver/Rider Registrations in Coimbatore

SEG Solar Secures Land for Planned 4 GW HJT Solar Cell Facility in Texas

Planned $950 million HJT facility is expected to add 4 GW of annual solar cell manufacturing capacity and create more than 700 local jobs

HOUSTON, Oct. 29, 2026 /PRNewswire/ — SEG Solar (“SEG”), a leading global vertically integrated solar manufacturer, today announced that it has signed a land agreement for a planned $950 million, 4 GW heterojunction (HJT) solar cell plant at its Tomball Industrial Campus in the greater Houston area.

Rendering of SEG Solar’s Planned 4 GW HJT Solar Cell Facility in Texas

The facility is expected to create more than 700 local jobs and is planned to come online in two 2 GW phases, targeted for 2028 and 2029. It would make the SEG Tomball Industrial Campus one of the only U.S. manufacturing locations where HJT cells, modules, and key components are made in one place.

The facility will be located adjacent to SEG’s existing 4 GW Tomball #1 module manufacturing facility and its 4.6 GW Tomball #2 module manufacturing facility currently under construction. Once completed, the HJT cell facility will bring solar cell, module and key component manufacturing together at SEG’s Tomball campus, alongside warehousing, an R&D center, a certified testing laboratory, and planned EVA and junction box production lines.

SEG’s Texas-made modules, built with U.S.-produced HJT cells, will help developers and asset owners meet domestic content requirements while improving project economics. They will also provide something increasingly valuable in today’s market: a dependable source of U.S.-manufactured supply.

Jim Wood, chief executive officer of SEG Solar, said “Bringing HJT cell manufacturing to the U.S. will give customers a more domestic supply chain with clearer sourcing and a single company standing behind the product. As the only U.S. company dedicated to integrated domestic vertical manufacturing, SEG will continue to strengthen our U.S. operations and innovation.  American-made cells, American-made modules, one company accountable.”

About SEG Solar

Founded in 2021, SEG is a leading vertically integrated PV manufacturer headquartered in Houston, Texas, U.S., and is dedicated to delivering reliable and cost-effective solar modules to the utility, commercial, and residential markets. By the end of 2025, SEG had shipped over 7.5 GW of solar modules worldwide and reached a module production capacity of 6.5 GW.

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/seg-solar-secures-land-for-planned-4-gw-hjt-solar-cell-facility-in-texas-302923477.html

SEG Solar Secures Land for Planned 4 GW HJT Solar Cell Facility in Texas

Asymchem Completes its First USFDA Pre-Approval Inspection (PAI) of the Tianjin 4 TIDES Manufacturing Site

TIANJIN, China, Oct. 29, 2026 /PRNewswire/ — Asymchem successfully completed its first U.S. Food and Drug Administration (USFDA) Pre-Approval Inspection (PAI) of Asymchem Life Science (Tianjin) Co., Ltd.’s TIDES development and manufacturing facility (“TJ4”), which took place between June 29th to July 2nd, 2026.

Asymchem logo

This marks the first western regulatory agency inspection of the Tianjin 4 site, which houses extensive modalities including peptides, oligonucleotides, drug product, payload linkers, excipients and small molecule API manufacturing capabilities. The PAI for a small molecule entity involved a comprehensive review of the site’s facility’s quality systems, data integrity measures, and manufacturing operations, and confirmed the rigorous quality structure in place.

“This milestone reflects the standards we hold ourselves to every day. Our systems, people and culture are built to deliver at the highest level, putting us in a position to successfully bring our valued partners through to commercialization.” stated Dr. Hao Hong, Chairman and CEO of Asymchem Group. 

The purpose-built TJ4 facility covering 41 acres integrates highly automated production for solid and liquid phase synthesis of both oligonucleotides and peptides, enzymatic ligation, prep-HPLC, TFF, as well as isolation capabilities including lyophilization, precipitation and spray drying capacity for both injectable and oral indications, with a fit-for-purpose design compliant with both NDA and BLA requirements. 

This FDA milestone reinforces Asymchem’s consistent regulatory performance, evidenced by roughly 200 annual global customer audits and over 100 regulatory inspections.

About Asymchem 

Founded in 1995, Asymchem is a leading global CDMO specializing in integrated solutions for the pharmaceutical and biotech sectors. With advanced R&D and manufacturing sites in China, the US, and Europe, Asymchem employs more than 10,000 professionals worldwide, delivers a broad range of services including small molecule, TIDES, biologics, synthetic biology, and more. The company’s ongoing investments in innovation and sustainability continue to drive value for its global client base.

For more information on Asymchem capabilities and capacities, visit www.asymchem.com 

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/asymchem-completes-its-first-usfda-pre-approval-inspection-pai-of-the-tianjin-4-tides-manufacturing-site-302923135.html

Asymchem Completes its First USFDA Pre-Approval Inspection (PAI) of the Tianjin 4 TIDES Manufacturing Site