FPT Launches MediSight Framework to Accelerate AI-Driven Healthcare and Life Sciences Innovation

FPT Launches MediSight Framework to Accelerate AI-Driven Healthcare and Life Sciences Innovation
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FPT Launches MediSight Framework to Accelerate AI-Driven Healthcare and Life Sciences Innovation

Jul 16, 2026 by Neel Achary 0 Comments

Business Wire India

Global IT corporation FPT announced the launch of MediSight, an AI-powered framework designed to help healthcare providers, medical device manufacturers, and pharmaceutical organizations accelerate digital transformation, strengthen regulatory compliance, and unlock actionable insights from healthcare data. The framework combines autonomous AI digital workers, healthcare-specific applications, and AI-augmented engineering capabilities to streamline clinical, operational, and regulatory workflows while enabling faster, data-driven decision-making across the healthcare value chain.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260715661578/en/

 

 

FPT Launches MediSight Framework to Accelerate AI-Driven Healthcare and Life Sciences Innovation

 

Built on FPT’s FleziPT AI-first ecosystem and guided by CASAN, FPT’s framework for progressing from AI experimentation to AI-native operations, MediSight enables healthcare and life sciences organizations to scale AI adoption across care delivery, business operations, and compliance functions. Combining AI agents, industry-specific accelerators, and AI-powered engineering capabilities, the solution converts fragmented healthcare information into structured intelligence, supporting faster innovation, stronger governance, and informed decision-making.

 

The framework is structured around three core layers. The Healthcare Insight Platform (HIP) provides a cloud-native, interoperable data foundation supporting standards such as HL7 v2, CDA, FHIR, and DICOM, with built-in capabilities for data mapping, de-identification, and clinical terminology standardization. MediSight Crew comprises autonomous AI agents, digital workers, and healthcare-focused assistants that support administrative, clinical, and compliance activities. MediSight Verse offers a growing portfolio of applications spanning clinic management, claims administration, virtual care, patient engagement, clinical trials, medical imaging, documentation, and healthcare analytics.

 

 

Designed for healthcare-grade security, MediSight supports industry requirements including HIPAA, HITRUST r2, and ISO 27001. The framework can be deployed across major cloud environments and integrated with leading healthcare systems, enabling greater data traceability, streamlined compliance processes, accelerated product development, and more efficient patient care.

 

 

Chu Canh Chieu, FPT Software Vice President and Head of Healthcare and Life Sciences, FPT Corporation, stated: “The next phase of healthcare innovation demands systems that don’t just store data, but actively reason through it. MediSight helps healthcare organizations reduce manual effort, improve decision-making speed, and scale digital health solutions more efficiently. By fusing autonomous AI agents with specialized clinical applications, we are helping digital health and pharma enterprises eliminate manual friction, reduce time-to-market for medical software, and elevate patient outcomes without compromising on strict regulatory standards.”

 

 

The launch of MediSight further strengthens FPT’s healthcare and life sciences portfolio. With nearly two decades of experience serving healthcare providers, pharmaceutical companies, and medical device manufacturers worldwide, FPT supports organizations in advancing operational efficiency and patient-centric care. FPT has attained key healthcare certifications and standards, including HITRUST r2, HIPAA-compliant, ISO 9001, ISO 13485, IEC 62304, HL7, and DICOM, reinforcing its capability to deliver solutions for highly regulated healthcare environments.

 

 

About FPT

 

 

FPT Corporation (FPT) is a globally leading Vietnam-headquartered technology and IT services provider, with operations spanning more than 30 countries and territories. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. With a strong focus on mastering strategic technologies, FPT continues to drive innovation across industries. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses.

 

 

For more information, please visit https://fptsoftware.com/.

 

 

FPT Launches MediSight Framework to Accelerate AI-Driven Healthcare and Life Sciences Innovation

 

 

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FPT Launches MediSight Framework to Accelerate AI-Driven Healthcare and Life Sciences Innovation

Garvan Institute of Medical Research Joins Parse Biosciences' Certified Service Provider Network
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Garvan Institute of Medical Research Joins Parse Biosciences’ Certified Service Provider Network

Jul 16, 2026 by Neel Achary 0 Comments

Business Wire India

Parse Biosciences, a QIAGEN company, and the leader in scalable and accessible single cell sequencing, today announced that the Genomics Platform Core Facility within the Garvan Institute of Medical Research has joined its Certified Service Provider (CSP) Program. The partnership broadens access to high-quality, scalable single cell sequencing across Australia, the wider Asia-Pacific region, and beyond.

 

Garvan is one of Australia’s preeminent medical research institutions, with the Genomics Platform having deep experience in cell sorting, capture, and sequencing. As a Certified Service Provider, Garvan will offer Parse’s Evercode WT kits to researchers across the region. “We see a growing number of requests for Parse projects and find the technology easy to implement and run, generating great data,” said Chris O’Keeffe, Cellular Genomics Lead at the Garvan Institute.

 

 

“Garvan is one of the most respected biomedical research institutions in the world, and we’re honored to welcome them to our Certified Service Provider network,” said Charlie Roco, Co-founder and CTO of Parse Biosciences. “Our CSP program connects researchers with trusted partners, freeing them to apply their resources elsewhere as needed. Garvan is an ideal partner for this, and we’re excited to support more single cell projects across Asia-Pacific together.”

 

 

About the Garvan Genomics Platform

 

 

As part of the world-renowned Garvan Institute of Medical Research, the Genomics Platform is dedicated to advancing medical research through cutting-edge genomic technologies. The Genomics Platform provides a broad service portfolio through a streamlined structure, encompassing R&D, flow cytometry, cellular and spatial Genomics, and sequencing services. Garvan is globally recognized for pioneering discoveries that improve human health. A core objective of the Platform is to provide unparalleled insights into cellular function and tissue architecture, advancing understanding in complex biological systems and driving new discoveries.

 

 

About Parse Biosciences

 

 

Parse Biosciences, a QIAGEN company, is a global life sciences company whose mission is to accelerate progress in human health and scientific research. Empowering researchers to perform single cell sequencing with unprecedented scale and ease, its pioneering approach has enabled groundbreaking discoveries in cancer treatment, tissue repair, stem cell therapy, kidney and liver disease, brain development, and the immune system.

 

 

Garvan Institute of Medical Research Joins Parse Biosciences' Certified Service Provider Network

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260715791600/en/

 

Garvan Institute of Medical Research Joins Parse Biosciences' Certified Service Provider Network

K-Beauty Goes Global: Sales Surge 53% as Korean Innovation Reshapes Beauty Growth
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K-Beauty Goes Global: Sales Surge 53% as Korean Innovation Reshapes Beauty Growth

Jul 16, 2026 by Neel Achary 0 Comments

Business Wire India

NIQ (NYSE: NIQ), a global leader in consumer intelligence, today released new findings showing K-Beauty has become a rapidly growing global beauty segment, with value sales up 53% year-over-year and 131% over the past two years. The data points to a broader shift in beauty growth, as regional innovation, social commerce and digitally driven consumer demand increasingly shape what scales globally.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260715867578/en/

 

 

K-Beauty accelerates across global markets

K-Beauty accelerates across global markets

 

In its latest report, K-Beauty Goes Global, NIQ shows how Korean beauty is reshaping consumer expectations, accelerating innovation cycles and redefining competitive dynamics across the global beauty market. What began as a culturally driven trend now offers a broader signal about the future of beauty: regional trends are increasingly driving global opportunity, and brands need timely intelligence to know which signals will scale next.

 

Key findings

 

 

  • Global growth: K-Beauty value sales rose 53% year-over-year and 131% over two years, underscoring rapid international expansion.
  • Social commerce acceleration: According to data published by TikTok Shop, searches for K-Beauty on the platform increased by 125% in the UK in 2025. Across the UK, US, Spain, and Germany, value sales for K-Beauty brands on TikTok Shop rose by 430% year-over-year, highlighting the role of discovery-to-purchase platforms.
  • Latin America: Brazil and Mexico delivered 135% value growth, signaling emerging momentum in the region.
  • North America: E-commerce represents 76% of K-Beauty sales, with Canada reaching $164 million in 2025, up 57% year-over-year.
  • Western Europe: Value growth reached 58% year-over-year. Korean brands now account for around 10% of European online skincare sales, rising to 15–20% in leading markets including Italy, Spain and France.

 

 

K-Beauty’s rise reflects a broader change in how beauty growth is created and scaled. Formats such as sheet masks, acne patches, essences, serums and ampoules have moved from niche routines into everyday habits, while ingredient-led innovation including snail mucin, centella asiatica and PDRN illustrates how some Korean beauty concepts have expanded beyond specialist audiences. At the same time, K-Beauty is raising the bar for affordable, high-performance products, faster innovation cycles and commerce models that connect discovery to purchase more seamlessly.

 

“K-Beauty has moved beyond trend status to become one of the clearest examples of how regional beauty innovation can translate into global growth,” said Tara James Taylor, SVP, Global Beauty Personal Care Vertical, NIQ. “Its success is built on speed, cultural relevance and the ability to turn innovation into everyday habits. More importantly, it shows how beauty brands now need to read emerging regional signals earlier, understand how consumer demand is shifting, and act faster across markets. The next phase of growth will come from expansion into adjacent categories such as wellness and haircare, and from scaling across high-growth regions like Latin America and the Middle East.”

 

 

NIQ’s analysis also points to continued momentum across APAC outside Korea and China, where K-Beauty grew 27%. In the Middle East, K-Beauty e-commerce growth reached 76%, reinforcing the role of digitally engaged consumers and high-interest markets in shaping the category’s next phase of expansion.

 

 

For brands, the takeaway goes beyond K-Beauty itself. The category offers one example of how global beauty trends are evolving: innovation is becoming more regionally driven, commerce is becoming more content-led, and the brands best positioned to win will be those that can turn early market signals into commercial action.

 

 

More info on the report: K-Beauty Goes Global – NIQ

 

 

Frequently Asked Questions

 

 

Q: What is NIQ reporting on K-Beauty?
A: NIQ’s latest report, K-Beauty Goes Global, finds that Korean beauty has become a rapidly growing global beauty segment, with value sales up 53% year-over-year and 131% over two years. The report shows how regional beauty innovation, social commerce and digitally driven consumer demand are increasingly shaping global beauty growth.

 

 

Q: How fast is K-Beauty growing globally?
A: Global K-Beauty value sales rose 53% year-over-year and 131% over the past two years, reflecting rapid international expansion well beyond Korea.

 

 

Q: What role does social commerce play in K-Beauty’s growth?
A: Social commerce is a major driver of discovery and conversion. According to TikTok Shop’s own published data searches for K-Beauty on TikTok Shop rose 125% in the UK 2025, while K-Beauty brand value sales on TikTok Shop grew 430% year-over-year in the US, UK, Spain and Germany.

 

 

Q: Which regions are driving K-Beauty growth?
A: Growth is broad-based. In Europe, K-Beauty value sales rose 58% year-over-year, with Korean brands now representing around 10% of online skincare sales and 15–20% in leading markets including Italy, Spain and France. Brazil and Mexico posted 135% value growth. In North America, e-commerce accounts for 76% of K-Beauty sales, and Canada reached $164 million in 2025, up 57% year on year. Across APAC excluding Korea and China, K-Beauty grew 27%.

 

 

Q: Why does K-Beauty matter beyond Korea?
A: K-Beauty is a proof point for where global beauty is heading. It shows how regional innovation now scales globally through social commerce, ingredient-led products and digitally connected consumer communities—signaling that brands need timely intelligence to identify which regional trends will scale next.

 

 

Q: What is fueling K-Beauty’s global adoption?
A: Formats such as sheet masks, acne patches, essences, serums and ampoules have moved from niche routines into everyday habits, while ingredient-led innovation such as snail mucin, centella asiatica and PDRN travels quickly from specialist use into mainstream demand. K-Beauty is also raising the bar for affordable, high-performance products and faster innovation cycles.

 

 

Q: Where is K-Beauty headed next?
A: The report identifies adjacent categories and regions to watch, such as wellness and haircare, and from scaling across high-growth regions including Latin America and the Middle East, where K-Beauty e-commerce grew 76%.

 

 

Q: What does this mean for beauty brands and retailers?
A: The brands best positioned to win will be those that can read emerging regional signals earlier, understand how consumer demand is shifting, and act faster across markets—turning early market intelligence into commercial action.

 

 

Q: What is the source of these figures?
A: All figures are from NIQ’s K-Beauty Goes Global report (2026), based on NIQ retail measurement and consumer intelligence data, with social commerce metrics drawn from TikTok Shop performance data cited in the report.

 

 

About NIQ
NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing new pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.

 

 

With operations in more than 90 countries, NIQ covers approximately 82% of the world’s population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™—helping brands and retailers understand what consumers buy, why they buy it, and what to do next.

 

 

For more information, please visit www.niq.com.

 

 

Forward-Looking Statements

 

 

This press release contains forward-looking statements, including statements about anticipated market developments, category expansion and future growth opportunities. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Forward-looking statements speak only as of the date made and NIQ undertakes no obligation to update them except as required by law.

 

 

NIQ-GENERAL

 

 

K-Beauty Goes Global: Sales Surge 53% as Korean Innovation Reshapes Beauty Growth

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260715867578/en/

 

K-Beauty Goes Global: Sales Surge 53% as Korean Innovation Reshapes Beauty Growth

KATE Launches "KABUKE: Break Convention" Kabuki-Inspired International Campaign
Business

KATE Launches “KABUKE: Break Convention” Kabuki-Inspired International Campaign

Jul 16, 2026 by Neel Achary 0 Comments

Business Wire India

Global cosmetics brand KATE will launch “KABUKE: Break Convention,” an international campaign drawing on elements of Kabuki, the traditional Japanese performing art. The campaign debuts on Wednesday, July 8, 2026. As part of the rollout, KATE will introduce two products that embody the campaign’s aesthetic—the KATE Smooth Fit Pressed Powder and KATE Real Shading Stick—available beginning Saturday, July 25, 2026, in Japan and across major Asian markets, including Taiwan, Hong Kong, Thailand, Malaysia, and the Philippines.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707926963/en/

 

 

KATE international campaign “KABUKE: Break Convention” key visual.

KATE international campaign “KABUKE: Break Convention” key visual.

 

Dedicated website: https://www.kate-global.net/my/special/kate_kabuki/

 

Since its founding, KATE has championed the slogan “NO MORE RULES.,” offering makeup that defies convention and encourages self-expression. At the heart of this vision is KATE’s signature shadow enhancing makeup—a Japanese-born technique that uses light and shadow to create depth and dimension.

 

 

The pairing of a makeup brand and Kabuki may seem unexpected at first, yet both share a legacy of boundary‑defying expression that transcends eras. Rooted in the spirit of Kabuku—a refusal to conform—Kabuki has long conveyed essence and emotion through a distinctive interplay of light and shadow. This resonates deeply with KATE, a brand that uses shadow enhancing makeup to draw out inner strength through the same dynamic contrast.

 

 

Ukon Onoe is a distinguished “two‑way” performer who forges a modern path while honoring tradition and brings a unique dual artistry to this campaign as both a Kabuki actor and a Kiyomoto‑style singer. Reflecting on the campaign, Onoe notes that KATE’s “NO MORE RULES.” philosophy aligns closely with the spirit of Kabuki, as both share a richness rooted in embracing one’s true self.

 

 

The international campaign will launch on Wednesday, July 8, 2026, with key visuals, a concept movie, and a campaign website featuring Ukon Onoe.

 

 

KATE’s launch takes the blue tones of Kumadori—Kabuki’s expressive makeup—and uses them to introduce a shadow enhancing makeup look that slips blue into the shadows. By channeling the bold emotional force of blue, the look adds dimension, deepens structure, and conveys a strong sense of will.

 

 

The new products that embody this approach are the KATE Real Shading Stick and KATE Smooth Fit Pressed Powder—each designed to add subtle blue nuances to shadow enhancing makeup.

 

 

KATE and Kabuki share a legacy of pursuing beauty beyond convention. Through this campaign, KATE will highlight makeup expression unbound by rules, presenting shadow enhancing makeup inspired by Japanese aesthetics to audiences across Asia and around the world.

 

 

Product Information

 

 

KATE Real Shading Stick

 

 

Available in one type. A shade color that creates a sense of transparency and realistic, natural-looking shadows with a hint of blue.

 

 

KATE Smooth Fit Pressed Powder

 

 

Available in 2 types. For a smooth, translucent finish.
An ultra-thin pressed powder that keeps skin shine-free all day with its instant matte finish and pore-minimizing effect.

 

 

Release Date and Regions

 

 

Japan: From July 25, 2026
After Japan, products are scheduled to be released in Taiwan, Hong Kong, Thailand, Malaysia and the Philippines.

 

 

About KATE

 

 

Since its debut in 1997, KATE has been a global makeup brand built on the slogan “NO MORE RULES.” Unconstrained by eras, trends, or convention, the brand champions makeup styles that highlight each individual’s personality and confidence.

 

 

About Kao

 

 

Kao (TOKYO:4452), a Japan-based manufacturer of cosmetics, personal care and household products, as well as specialty chemicals, creates high-value-added products and services that provide care and enrichment for the life of all people and the planet. Through its brands such as Curél, SENSAI, and MOLTON BROWN cosmetics, Bioré and Jergens skin care products, Oribe hair care products, Attack laundry detergent, and Laurier sanitary products, Kao is part of the everyday lives of people across Asia, the Americas, Europe, the Middle East, and Africa. Combined with its chemical business, which contributes to a wide range of industries, Kao generates about 1,690 billion yen in annual sales. Kao employs about 31,500 people worldwide and has more than 130 years of history in innovation.
Please visit the Kao Group website for additional information.

 

 

KATE Launches "KABUKE: Break Convention" Kabuki-Inspired International Campaign

 

 

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KATE Launches "KABUKE: Break Convention" Kabuki-Inspired International Campaign

Business

360 ONE unveils landmark brand installations at Mumbai’s Terminal 2

Jul 16, 2026 by Neel Achary 0 Comments

360 ONE partners with WPP Media to establish a strategic presence at Mumbai Terminal 2

Mumbai, India, July 16 2026: 360 ONE, one of India’s leading wealth and asset management firms, with over US$74 bn in assets under management, has partnered with WPP Media to establish a strategic presence at Mumbai’s Chhatrapati Shivaji Maharaj International Airport, unveiling the largest airport brand installations in India at Gates 1 and 8 of Terminal 2 (T2).

As India’s financial capital, Mumbai provides the ideal backdrop for the initiative. Together, Gates 1 and 8 welcome approximately 25 lakh travellers annually, and are frequented by leading business families, entrepreneurs, institutional leaders, and emerging wealth creators, placing 360 ONE in an environment defined by movement, global connectivity, and the pursuit of opportunities.

360 ONE unveils landmark brand installations at Mumbai's Terminal 2

For 360 ONE, the choice of location is a statement of ambition and an affirmation of the ecosystem the firm has served for the last 18 years. The installations carry the firm’s identity across its three businesses: Wealth Management, Asset Management, and Capital Markets. For WPP Media, the collaboration demonstrates how strategic media placements can help brands create meaningful visibility in premium environments where context strengthens brand relevance.

Commenting on the brand’s installations, Bhavika Kotak, Head of Marketing, 360 ONE, said, “The airport is amongst those prime locations where India’s most ambitious journeys begin, and global opportunities become tangible. Every day, entrepreneurs, business leaders, investors, and families pass through these gates carrying ideas and aspirations across the world. At 360 ONE, our role is to help those ambitions travel further. These installations place our brand where ambitions naturally converge.”

Ajay Mehta, Head, Media Solutions, WPP Media India, said, “By combining strategic placement, premium formats, and contextual relevance, we have created an experience that delivers both visibility and meaning. It is a strong example of how WPP Media is helping brands transform high-value physical spaces into powerful consumer engagement ecosystems. The most effective media experiences today are built at the intersection of audience understanding, environment, and creativity. With 360 ONE, the opportunity was to reimagine airport infrastructure as a living brand platform rather than a traditional media asset.”

Watch how the installations were built: https://www.youtube.com/watch?v=JDXv4tmvrDI

Details about the structures:

The installations took close to eight months from planning to completion. They were designed, approved, fabricated, and assembled inside one of India’s most complex and continuously operating environments, without disrupting a single departure.

Two installations are currently placed at Gates 1 and 8, with a third installation scheduled to be unveiled soon. Together, the three structures weigh 25.5 tonnes and cover 166 square metres of freestanding installation. Gate 1 spans 46 feet and weighs 7.5 tonnes, while Gate 8 spans 33 feet and weighs 4.8 tonnes.

The structures at each gate are built not against a wall or column but rather rise from a single engineered connection to the floor at each gate. That connection was the central engineering challenge, as airport floors, by design, expand and contract with temperature. The base plates were redesigned to enable the structure above to stand perfectly still while the floor beneath it breathed.

The upper sections were fabricated off-site and transported in modular sections, while the bases were constructed and installed on-site. Precision was critical throughout the process, as even a one-millimetre deviation at the base could result in a six-millimetre misalignment at the top of these tall structures. The largest installation is engineered to withstand wind loads of up to 34 kilonewtons—equivalent to the continuous sideways force exerted by three cars. To ensure structural integrity and engineering precision, an eight-step quality control process was followed across every stage of fabrication, transportation, and on-site assembly, from the factory floor to the terminal gate.

The initiative highlights WPP Media’s continued focus on creating innovative, audience-first media experiences that go beyond traditional formats. By combining planning, premium environments, and creative execution, WPP Media is enabling brands to build stronger connections with consumers in moments that matter most.

 

News

Rare Braj Paper-Cutting Art Sanjhi draws attention at Kausalyam 2026

Jul 16, 2026 by Neel Achary 0 Comments

Hyderabad, July 16, 2026: Not all masterpieces are painted. Some are cut, one delicate stroke at a time.

At Kausalyam 2026, a two day Craft Festival being organised by Crafts Council of Telangna in the city at Anvaya Convention Centre in Financial District, Gachibowli, visitors are discovering Sanjhi, the rare and exquisite paper-cutting art of Braj, often described as a tradition where a thousand cuts create one masterpiece. Originating in the sacred Krishna land of Mathura and Vrindavan, Sanjhi is among India’s most intricate and endangered art forms.

Rare Braj Paper-Cutting Art Sanjhi draws attention at Kausalyam 2026

 

Among the many traditional crafts showcased at Kausalyam 2026, Sanjhi has emerged as a major attraction, captivating visitors with its breathtaking precision and spiritual depth. Created entirely by hand, the art involves meticulously cutting intricate patterns and images from paper to depict scenes from Lord Krishna’s life, Raas Leela, peacocks, lotus motifs and other sacred symbols associated with the Braj region.

What makes Sanjhi truly remarkable is the extraordinary skill and patience it demands. Working with simple tools, artists carefully remove tiny portions of paper to create delicate, lace-like compositions of astonishing detail. A single misplaced cut can spoil an entire artwork, making every piece a testament to years of practice and artistic mastery.

Once an integral part of temple traditions in Braj, Sanjhi has gradually become a vanishing art, with only a handful of practitioners continuing to preserve and promote this unique heritage. Its presence at Kausalyam 2026 offers visitors a rare opportunity to witness a living tradition that beautifully blends devotion, storytelling and craftsmanship.

Sanjhi is not just rare—it is also labor-intensive and highly skilled, which makes authentic works relatively expensive. Each piece is painstakingly hand-cut using tiny scissors or specialized blades, often requiring hours or even days of meticulous work. A single mistake can ruin the entire design, as the artwork is usually created from a single sheet of paper without corrections.

Sanjhi is among India’s most intricate paper-cutting traditions. Every artwork is handcrafted through hours of painstaking precision, making each piece not only rare but also a valuable work of art. The time, skill, and craftsmanship involved mean that authentic Sanjhi creations command premium prices and are increasingly sought after by collectors and connoisseurs.

From Braj to Hyderabad, Sanjhi has found a new audience at Kausalyam 2026, highlighting the importance of preserving India’s diverse handmade traditions and celebrating the artisans who keep them alive.

Organised by the Crafts Council of Telangana, Kausalyam 2026 celebrates India’s rich craft heritage and provides a platform for artisans, craft revivalists and cultural practitioners from across the country.

Kausalyam 2026 is being held at Anvaya Convention, Financial District, Hyderabad, and is open to the public. Entry is free. It is open from 10am to 7pm and will conclude on Thursday

Business

Union Minister G. Kishan Reddy Announces India Mining Week 2026 to be held in November 15–17

Jul 16, 2026 by Neel Achary 0 Comments

Mumbai / New Delhi, July 16, 2026: Union Minister of Coal and Mines, Shri G. Kishan Reddy, today formally announced the India Mining Week 2026, India’s largest conference-cum-exhibition for the mining and minerals sector, scheduled to be held from 15 – 17 November 2026 at the Yashobhoomi Convention Centre, New Delhi. Marking the official curtain raiser of the summit, the Minister Shri G Kishan Reddy along with Union Minister of State for Coal and Mines Shri Satish Chandra Dubey, unveiled the summit logo and summit brochure. Secretary, Ministry of Coal, Shri Vikram Dev Dutt, Secretary, Ministry of Mines, Shri Piyush Goyal, Additional Secretary, Ministry of Coal, Smt Rupinder Brar and other senior officials of the Ministry of Coal and the Ministry of Mines were present on the occasion. The curtain raiser event witnessed participation of industry leaders and other key stakeholders from the mining ecosystem. 

The three-day summit will be organised under the theme “Stronger Resources, Smarter Mining, Sustainable Tomorrow”, reflecting India’s vision of building a technologically advanced, globally competitive and environmentally responsible mining sector. India Mining Week 2026 will serve as a premier platform for dialogue, collaboration and business engagement across the entire mining value chain. 

Union Minister G. Kishan Reddy Announces India Mining Week 2026 to be held in November 15–17

 

Speaking on the occasion, Shri G. Kishan Reddy, Union Minister of Coal and Mines, described India Mining Week 2026 as a landmark initiative that reflects India’s new confidence, vision and global aspirations in the mining sector. He said the event would serve as a premier international platform to bring together governments, industry, investors, technology leaders, researchers, startups and academia to strengthen partnerships, promote innovation and shape the future of sustainable and technology-driven mining. Highlighting the transformative reforms undertaken over the past decade under the leadership of Prime Minister Shri Narendra Modi, he noted that transparent auctions, commercial coal mining, accelerated exploration, ease of doing business and technology-led governance have positioned India among the world’s most attractive mining destinations. Referring to emerging global challenges related to energy security, critical minerals and resilient supply chains, he said India is pursuing an integrated approach that combines policy reforms, technological advancement, value addition, sustainability and international collaboration to build a future-ready mining ecosystem. The Minister expressed confidence that the event would strengthen global partnerships, showcase India’s mineral potential and technological capabilities, and contribute to realizing the vision of Aatmanirbhar and Viksit Bharat. He urged all technology innovators, researchers, industries and other stakeholders to be part of the India Mining Week 2026. 

During the event, the Minister also launched the Online Portal Application for Registration of Coal Exchanges and the Eighth Tranche of Auction of Critical and Strategic Mineral Blocks. 

Union Minister G. Kishan Reddy Announces India Mining Week 2026 to be held in November 15–17

 

Addressing the gathering, Shri Satish Chandra Dubey, Union Minister of State for Coal and Mines, said that India’s mining sector is emerging as a key driver of economic growth, regional development and employment generation. He noted that the Government’s sustained focus on transparent governance, responsible mining practices and technological advancement is creating new opportunities across the sector. Emphasising the importance of collaboration among governments, industry, academia and technology providers, he said India Mining Week 2026 would serve as an important platform to exchange ideas, foster innovation and accelerate the development of a safe, sustainable and globally competitive mining ecosystem. 

Addressing the gathering, Shri Vikram Dev Dutt, Secretary, Ministry of Coal, said that India Mining Week provides a unique platform to showcase India’s remarkable transformation in the mining sector and highlight the immense opportunities it offers to global investors, technology providers and industry stakeholders. He noted that under the dynamic leadership of Prime Minister Shri Narendra Modi, India has emerged as the world’s fastest-growing major economy. As the nation steadily advances towards the vision of Viksit Bharat 2047, its development aspirations require secure, affordable and reliable energy, with the coal and mining sector serving as a strategic pillar of India’s economic resilience, industrial competitiveness and energy security. 

He highlighted that over the past decade, the Ministry of Coal has undertaken one of the most comprehensive structural reform journeys, transforming the sector into a transparent, competitive, technology-driven and investor-friendly ecosystem. As a result, India has achieved over one billion tonnes of coal production for two consecutive years and crossed one billion tonnes of coal supply, significantly strengthening the country’s energy security, industrial productivity and economic resilience. 

Reiterating that coal remains indispensable to India’s growth trajectory, he stated that strengthening the coal sector and taking it to the next level is not merely an economic imperative but a national priority. He described commercial coal mining as a landmark reform that has encouraged wider participation, attracted fresh investments, enabled the adoption of advanced technologies and promoted global best practices across the sector. 

Referring to India Mining Week, he said the event comes at an important juncture for India’s mining sector, as the country continues to accelerate reforms and unlock new opportunities for sustainable growth. He emphasized that our objective is to make investment decisions faster, project implementation smoother, and regulatory processes more transparent, predictable and user-friendly. 

Addressing the gathering, the Secretary, Ministry of Mines, Shri Piyush Goyal, highlighted the strategic importance of critical minerals in securing India’s energy transition, advanced manufacturing capabilities and long-term economic growth. He emphasised the Government’s continued focus on creating a transparent, competitive and investor-friendly mining ecosystem through progressive policy reforms and accelerated exploration. Announcing the forthcoming launch of the 8th round of Critical and Strategic Mineral Blocks auctions, he said the initiative will further strengthen domestic availability of critical minerals, encourage greater private sector participation, attract investment and reinforce India’s resilient mineral value chains. He noted that India Mining Week 2026 will serve as a global platform to showcase India’s mining reforms, resource potential and emerging opportunities while fostering international collaboration, innovation and investment in the sector. 

In her opening remarks, Ms. Rupinder Brar, Additional Secretary, Ministry of Coal, welcomed delegates from India and abroad to India Mining Week 2026, describing it as a significant platform for strengthening global partnerships, fostering innovation and showcasing India’s rapidly evolving mining sector. She highlighted the transformative reforms undertaken in the coal sector to promote transparency, ease of doing business, technological advancement and sustainable mining practices. She expressed confidence that the event would facilitate meaningful dialogue, encourage investment and technology collaboration, and further reinforce India’s position as a preferred destination for responsible and future-ready mining. 

India Mining Week 2026 is expected to attract 25,000+ industry professionals and decision-makers; 500+ exhibitors and technology providers; 200+ eminent speakers and industry experts; 100+ conference sessions and technical presentations; participation from 50+ countries; 1,000+ government and PSU delegates; 300+ mining and mineral companies; dedicated B2B meetings and networking platforms; technology demonstrations and product launches and special focus on critical minerals, coal, metals and mining innovation. 

As India accelerates investments in infrastructure, manufacturing, energy security and critical minerals, the mining sector is playing an increasingly strategic role in supporting the country’s long-term economic growth. Against this backdrop, India Mining Week 2026 will provide a comprehensive platform for knowledge exchange, investment discussions, technology showcase and strategic partnerships aimed at strengthening India’s position as a leading global mining and resource development hub. 

The summit will feature a high-level conference, international exhibition, technical sessions, leadership dialogues and dedicated networking opportunities. Discussions will focus on critical themes including mineral security, exploration, digitisation, automation, mine safety, sustainability, critical minerals, resource efficiency, innovation and the future of mining in an evolving global landscape. 

The exhibition will showcase the latest advancements in mining equipment, technologies, automation solutions, safety systems, mineral processing, sustainability initiatives and resource development innovations. Bringing together leading mining companies, equipment manufacturers, technology providers and government agencies, the exhibition will provide opportunities for business networking, product launches, technology demonstrations and strategic collaborations.

India Mining Week 2026 will also feature an eminent line-up of policymakers, Government officials, CEOs, mining industry leaders, investors, technology innovators, researchers, sustainability experts and international thought leaders. Distinguished speakers from leading global mining companies, international mining associations, equipment manufacturers, technology firms, and consulting organisations will share insights into global best practices, emerging technologies, investment trends, and the future direction of the mining industry. 

The Curtain Raiser marks the first official milestone in the lead-up to India Mining Week 2026 and sets the stage for what is expected to be the country’s most significant gathering of mining leaders, policymakers, investors, technology innovators and international partners. 

For more information about India Mining Week 2026, please visit: https://indiaminingweek.org/mining/index.html

Business

4th Edition of Abu Dhabi Maritime Awards to Spotlight Exceptional Marinas in Middle East—North Africa—Türkiye Region

Jul 16, 2026 by Neel Achary 0 Comments

Abu Dhabi, UAE – 16 July 2026: In collaboration with the Integrated Transport Centre (Abu Dhabi Mobility), an affiliate of the Department of Municipalities and Transport, Abu Dhabi Maritime, part of AD Ports Group, has announced the opening of submissions to the 2026 Abu Dhabi Maritime Awards, set to culminate in a prestigious ceremony during the Abu Dhabi International Boat Show, scheduled to take place from 19–22 November 2026.

Founded in 2023, the Abu Dhabi Maritime Awards aim to bring recognition to the vibrant marina industry across the Middle East, North Africa, and Türkiye (MENAT region), and to set new benchmarks for excellence in marina management and operations across 12 award categories. Submissions for the fourth edition are open to all licensed marina owners and operators across the MENAT region. 

4th Edition of Abu Dhabi Maritime Awards to Spotlight Exceptional Marinas in Middle East—North Africa—Türkiye Region

Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre, said: “The Abu Dhabi Maritime Awards support the Integrated Transport Centre’s vision to deliver world-class, sustainable infrastructure that enables mobility and drives economic growth. The fourth edition reflects our continued confidence in the strength, competitiveness, and future potential of the regional marina industry, while reinforcing Abu Dhabi’s standing as a leading global maritime hub. Through this awards programme, we aim to foster the innovation and collaboration that will motivate progress across the industry.” 

Captain Saif Al Mheiri, Abu Dhabi Maritime CEO and Group Chief Sustainability and Risk Officer at AD Ports Group, said: “The Abu Dhabi Maritime Awards continue to serve as a powerful platform for recognising excellence and driving progress across the marina ecosystem in the MENAT region. By celebrating organisations, projects, and individuals, the awards highlight the collective efforts shaping a more resilient, innovative, and sustainable maritime sector. At AD Ports Group and Abu Dhabi Maritime, we remain committed to enabling this growth and strengthening Abu Dhabi’s position at the forefront of global maritime development.” 

The fourth annual edition of the Abu Dhabi Maritime Awards consists of organisation, project, and individual-based categories – a holistic approach that recognises the institutions, initiatives, and people shaping the regional industry. 

Five core organisation-based categories recognise achievements in “Customer Experience,” “Employer Excellence,” “Health & Safety,” “Innovation,” and “Sustainability.” 

The top “Outstanding Marina Award” is presented to the marina that demonstrates excellence across all five organisation-based categories.

Marinas that apply to the Outstanding Marina Award are automatically entered into the five core organisation-based categories. The winner of this top accolade will not be eligible to win other organisation-based categories to ensure equitable opportunity for all participating marinas.

Three project-based categories reward targeted initiatives. The “Sustainability Project,” “Innovation Project,” and “Wellbeing Project” Awards celebrate successful standalone projects rather than overall organisational performance.

The three individual-based categories – the “Outstanding Leader Award,” “Outstanding Service Hero Award,” and “Rising Star Award” – honour the people who inspire their colleagues, customers, and communities through remarkable performance and meaningful contributions.

Finally, the 2026 programme will include the returning “Most Popular Marina” recognition, determined by public vote via a secure online portal opening in October.

Marinas and individuals are invited to apply now by creating a profile on the Abu Dhabi Maritime Awards website. More information on the awards programme, criteria, and application and assessment processes is also available on the website and through its applicant portal.

Merck Foundation CEO and 12 African and Asian First Ladies Share Their Partnership Journey in Transforming Patient Care Landscape, Supporting Girl Education and Breaking Infertility Stigma
Business

Merck Foundation CEO and 12 African and Asian First Ladies Share Their Partnership Journey in Transforming Patient Care Landscape, Supporting Girl Education and Breaking Infertility Stigma

Jul 15, 2026 by Neel Achary 0 Comments

Business Wire India

  • Merck Foundation Celebrated their 9th Anniversary and 14 Years of Development Programs and Impact.
  • Merck Foundation marked World Infertility Awareness Month during their Annual Conference.
  • Link to Live Stream of Inaugural Session of 13th Edition of Merck Foundation Africa Asia Luminary 2026: https://www.facebook.com/share/v/1ECXNpQsaJ/.

Merck Foundation, the philanthropic arm of Merck KGaA Germany, conducted the 13th Edition of Merck Foundation Africa Asia Luminary 2026 on 18th and 19th June, through an online videoconference. The annual conference was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, and Dr. Rasha Kelej, CEO of Merck Foundation and Chairperson of Merck Foundation Africa Asia Luminary along with The First Ladies of 12 African and Asian countries, who joined as the Guests of Honor and Keynote Speakers. The First Ladies who joined were:

  • H.E. Dr. ANA DIAS LOURENÇO, First Lady of the Republic of Angola
  • H.E. Mrs. KAONE BOKO, First Lady of the Republic of Botswana
  • H.E. Dr. DÉBORA KATISA CARVALHO, First Lady of the Republic of Cabo Verde
  • H.E. Madam BRIGITTE TOUADERA, First Lady of the Central African Republic
  • H.E. Madam ZITA OLIGUI NGUEMA, First Lady of the Gabonese Republic
  • H.E. Mrs. FATOUMATTA BAH-BARROW, First Lady of the Republic of The Gambia
  • H.E. Mrs. RACHEL RUTO, First Lady of the Republic of Kenya
  • H.E. Mrs. KARTUMU YARTA BOAKAI, First Lady of the Republic of Liberia
  • H.E. Madam SAJIDHA MOHAMED, First Lady of the Republic of Maldives
  • H.E. Dr. GUETA SELEMANE CHAPO, First Lady of the Republic of Mozambique
  • H.E. Senator OLUREMI TINUBU, CON, First Lady of the Federal Republic of Nigeria
  • H.E. Mrs. MARIA DE FATIMA VILA NOVA, First Lady of the Democratic Republic of São Tomé and Príncipe

Senator Dr. Rasha Kelej (Ret.), CEO of Merck Foundation, President of “More Than a Mother” and Chairperson of Merck Foundation Africa Asia Luminary emphasized, “I am very proud to conduct the 13th Edition of the Merck Foundation Africa Asia Luminary together with our Guests of Honor and Keynote Speakers, the First Ladies of 12 African and Asian countries, who are the Ambassadors of the “Merck Foundation More Than a Mother”. Together, we shared experiences and discussed the impact of our programs in transforming patient care and raising awareness about a wide range of sensitive and critical social issues, including breaking infertility stigma, supporting girl education, ending child marriage and FGM, stopping gender-based violence, empowering women, and promoting awareness of important health issues such as diabetes and hypertension.

As we also mark World Infertility Awareness Month, I am pleased to share that Merck Foundation has provided more than 800 scholarships supporting fertility, embryology, reproductive and sexual health, out of the total 2,600+ scholarships provided for healthcare providers from 52 countries in 44 critical and underserved medical specialties.”

Watch the speech of Senator Dr. Rasha Kelej during the inaugural program of the Merck Foundation Africa Asia Luminary, 2026 here: https://youtu.be/5gY7W5ft2WY

Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, emphasized, “It was great hearing from the First Ladies of Africa and Asia about the remarkable progress they have achieved in their respective countries through Merck Foundation programs. Their achievements are integral to our shared success and the lasting impact of our programs.”

Watch the speech of Prof. Dr. Frank Stangenberg-Haverkamp during the inaugural program of the Merck Foundation Africa Asia Luminary, 2026 here: https://youtu.be/Fkt4rnR2fig

During the Inauguration Session of the Luminary, the First Ladies delivered their keynote speeches to share the impact of their partnership journey with Merck Foundation, in their countries.

H.E. Dr. ANA DIAS LOURENÇO, First Lady of the Republic of Angola & Ambassador of Merck Foundation More Than a Mother, emphasized, “I highly appreciate the Merck Foundation ‘Educating Linda’ Program, which reflects our shared belief that educating girls is one of the most powerful investments in a nation’s future. We look forward to launching this important initiative in Angola soon. I also sincerely appreciate the support provided through essential school items and sanitary pads, which will help our girls continue their education with dignity, confidence, and hope. Together, we also continue to address important and critical social and health issues.” Watch the Video of The First Lady of Angola from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/Cd4lrPSWiBw

H.E. Mrs. KAONE BOKO, First Lady of the Republic of Botswana & Ambassador of Merck Foundation More Than a Mother, shared, “It’s an honor to be part of this esteemed platform. I am proud to share that Merck Foundation has provided 58 scholarships for our young Botswanan healthcare providers in various critical and underserved specialties. Moreover, Merck Foundation has also provided specialized psychometric and diagnostic assessment tools, helping us bridge the gap for our children with intellectual and developmental disabilities.” Watch the Video of The First Lady of Botswana from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/oVVDyAALYbU

H.E. Dr. DÉBORA KATISA CARVALHO, First Lady of the Republic of Cabo Verde & Ambassador of Merck Foundation More Than a Mother, said, “Education is the foundation of a brighter future for every child and every nation. Through the ‘Educating Linda and Lindo’ program, we are providing annual scholarships to 35 deserving children, helping both boys and girls continue their education and achieve their dreams. I particularly appreciate the inclusion of boys in this initiative, as it addresses an important challenge in our country. I also sincerely value the support provided through 200,000 sanitary pads, which will help our girls stay in school with dignity and confidence. I am proud of our partnership with Merck Foundation.” Watch the Video of The First Lady of Cabo Verde from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/Db51ssUy9_c

H.E. Madam BRIGITTE TOUADERA, First Lady of the Central African Republic & Ambassador of Merck Foundation More Than a Mother, expressed, “As one of the early members of this esteemed platform, I remain committed to working closely with Merck Foundation to build healthcare capacity, support girl education and break infertility stigma. Through the ‘Empowering Berna’ program we are transforming the lives of infertile women by providing training and support to build small businesses, fostering confidence, independence, and economic empowerment. Moreover, through ‘Educating Linda’ program, we are providing annual scholarships for 40 high performing yet underprivileged schoolgirls in our country.” Watch the Video of The First Lady of Central African Republic from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/7VZlIBv0bjI

H.E. Madam ZITA OLIGUI NGUEMA, First Lady of the Gabonese Republic & Ambassador of Merck Foundation More Than a Mother, shared, “I am proud of our partnership with Merck Foundation, through which we are advancing healthcare capacity, supporting girl education, and addressing critical social and health challenges in Gabon. 16 scholarships have been provided for our young healthcare providers in key underserved specialties, helping us build the next generation of medical experts. Additionally, through ‘Educating Linda’ program, we are providing annual scholarships to 40 high-performing yet underprivileged schoolgirls, supporting them until they graduate, enabling them to reach their full potential.” Watch the Video of The First Lady of Gabon from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/7t69-omY4SQ

H.E. Mrs. FATOUMATTA BAH-BARROW, First Lady of Republic of The Gambia & Ambassador of Merck Foundation More Than a Mother, emphasized, “Together with Merck foundation, we are transforming the public healthcare sector in The Gambia. To date, Merck Foundation has provided 97 scholarships for our young Gambian healthcare providers in many critical and underserved medical specialties. We are making history by training our country’s first specialists in Oncology, Fertility, Embryology, Reproductive Care, Diabetes, and more. We are proud of this significant achievement. Also, we are providing annual scholarships to 40 brilliant Gambian schoolgirls, as a part of Educating Linda program, giving them an opportunity to complete their education and fulfill their dreams.” Watch the Video of The First Lady of The Gambia from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/v9Ispxsruw8

H.E. Mrs. RACHEL RUTO E.G.H., First Lady of the Republic of Kenya & Ambassador of Merck Foundation More Than a Mother, shared, “I am proud to share that Merck Foundation has provided 328 scholarships for Kenyan healthcare providers, an extraordinary milestone that will leave a lasting impact on the quality and accessibility of healthcare across our nation. Around 50% of these scholarships have been awarded to female healthcare providers. Moreover, 69 scholarships have been provided for the Postgraduate Diploma in Clinical Nutrition across all 47 counties of Kenya, supporting our Feeding and Food Security Program and promoting healthier lifestyles among our population. We are also providing annual scholarships to 47 high-performing yet underprivileged Kenyan schoolgirls through the ‘Educating Linda’ program, supporting them until they graduate and empowering them to achieve their full potential.” Watch the Video of The First Lady of Kenya from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/hpH00WvLv-s

H.E. Mrs. KARTUMU YARTA BOAKAI, First Lady of the Republic of Liberia & Ambassador of Merck Foundation More Than a Mother, expressed, “We are proud of our long-term partnership with Merck Foundation, through which 58 scholarships have been provided for our young healthcare providers in many critical and underserved specialities including Fertility, Embryology, Sexual & Reproductive Care, Women’s Health, Oncology, Diabetes care, Endocrinology, Acute Medicine, Paediatrics, Infectious Diseases and Dermatology. Together, we are also supporting girl education by providing annual scholarships to 40 deserving Liberian schoolgirls, empowering them to fulfill their dreams, through Educating Linda program.” Watch the Video of The First Lady of Liberia from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/IpE1zS-BL-o

H.E. Madam SAJIDHA MOHAMED, First Lady of the Republic of Maldives & Ambassador of Merck Foundation More Than a Mother, emphasized, “Although our partnership with Merck Foundation began only in 2024, we have already witnessed a meaningful impact in a relatively short period of time. To date, 13 scholarships have been provided for our young healthcare providers in various critical and underserved specialties. As the Ambassador of the Merck Foundation “More Than a Mother” campaign, I am committed to empowering women through access to information, health, education, and change of mindset.” Watch the Video of The First Lady of Maldives from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/xGdBDvLN_Fc

H.E. Dr. GUETA SELEMANE CHAPO, First Lady of the Republic of Mozambique & Ambassador of Merck Foundation More Than a Mother, shared, “I am pleased to share that the Merck Foundation has to date provided 34 scholarships for our Mozambican healthcare providers in many critical and underserved specialties, including Diabetes, Endocrinology, Acute Medicine, Infectious Diseases, Oncology, Radiology, and more. We are deeply grateful for this support, which is helping us transform the public healthcare sector of our country. Moreover, we are also working together on the “Educating Linda” program, through which we are supporting the education of 40 highly talented yet underprivileged schoolgirls in Mozambique. We are providing them with annual scholarships and will continue to do so until they graduate. When we educate a girl, we empower a generation and create a brighter, more prosperous future for our nation.” Watch the Video of The First Lady of Mozambique from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/MOEDb8cLiS0

H.E. Senator OLUREMI TINUBU, CON, First Lady of the Federal Republic of Nigeria & Ambassador of Merck Foundation More Than a Mother, expressed, “Through our long-term partnership with Merck Foundation, we are transforming patient care, breaking infertility stigma, and supporting girl education in our country. I deeply appreciate the 91 scholarships provided for our healthcare providers in many critical and underserved specialties. This is an impressive and significant number for us. Each of these scholarships is crucial for our country. Also, through Educating Linda program, we are providing annual scholarships to 71 underprivileged yet deserving Nigerian schoolgirls by covering their school fees and other essentials until they graduate. The objective of this program is to enable them to reach their full potential and pursue their dreams.” Watch the Video of The First Lady of Nigeria from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/X5N_rhpLWhA

H.E. Mrs. MARIA DE FATIMA VILA NOVA, First Lady of the Democratic Republic of São Tomé and Príncipe & Ambassador of Merck Foundation More Than a Mother, shared, “I am proud of our partnership with Merck Foundation, through which we are empowering our young girls and strengthening our healthcare sector. Together, we are providing annual scholarships to 40 high-performing yet underprivileged schoolgirls, helping them continue their education and build brighter futures. I also sincerely appreciate the provision of 100,000 sanitary pads, which will help girls stay in school with dignity and confidence. Moreover, Merck Foundation has provided scholarships for our local healthcare providers in critical specialties such as Oncology, Embryology, and Diabetes Care, helping us build local medical expertise and improve access to quality healthcare for our people.” Watch the Video of The First Lady of São Tomé and Príncipe from the Merck Foundation Africa Asia Luminary 2026 here: https://youtu.be/BFhLFEkBPJA

The 13th Edition of Merck Foundation Africa Asia Luminary was streamed live on the social media handles of Merck Foundation and Senator, Dr. Rasha Kelej, CEO of Merck Foundation:

@Merck Foundation: Facebook, X, Instagram, and YouTube.

@Rasha Kelej: Facebook, X, Instagram, and YouTube.

Merck Foundation is transforming the Patient care landscape and making history together with their partners in Africa, Asia, and beyond, through:

  • 2600+ Scholarships provided by Merck Foundation for healthcare providers from 52 Countries in more than 44 critical and underserved medical specialties.

Merck Foundation is also creating a culture shift and breaking the silence about a wide range of social and health issues in Africa and underserved communities through:

  • 4000+ Media Persons from more than 35 countries trained by Merck Foundation to raise awareness about different social and health issues.
  • 8 Different Awards launched annually for best media coverage, fashion designers, films, and songs.
  • Around 30 songs to address health and social issues, by local singers across Africa.
  • 9 Children’s Storybooks in four languages – English, French, Portuguese, and Swahili.
  • 6 Awareness Animation films in five languages – English, French, Portuguese, Spanish and Swahili to raise awareness about prevention and early detection of Diabetes & Hypertension and supporting girl education.
  • Pan African TV Program “Our Africa by Merck Foundation” addressing Social and Health Issues in Africa through “Fashion and ART with Purpose” Community.
  • 1550+ Annual Scholarships provided to African schoolgirls from 21 countries, covering school fees and other essential educational expenses, enabling them to complete their education and reach their full potential.
  • 15 Social Media Channels with more than 9 million Followers.

Click the link below to Download Merck Foundation App

https://www.merck-foundation.com/MF_StoreRedirection

 

Join the conversation on our social media platforms below and let your voice be heard

Facebook: Merck Foundation
X: @MerckFoundation
YouTube: MerckFoundation
Instagram: Merck Foundation
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Website: www.merckfoundation.com

 

Merck Foundation CEO and 12 African and Asian First Ladies Share Their Partnership Journey in Transforming Patient Care Landscape, Supporting Girl Education and Breaking Infertility Stigma

Business

HDFC AMC Q1 FY27 PAT Rises 12% to Rs.8,383 Million; Revenue Grows 14%

Jul 15, 2026 by Neel Achary 0 Comments

Mumbai, July 15, 2026: HDFC Asset Management Company Limited (HDFC AMC), one of India’s leading mutual fund managers, reported a 12% year-on-year increase in Profit After Tax (PAT) to ₹8,383 million for the quarter ended June 30, 2026, driven by strong growth in assets under management and sustained investor participation.

The company’s revenue from operations rose 14% to ₹10,985 million, while operating profit increased 10% year-on-year to ₹8,276 million during the quarter.

HDFC AMC continued to strengthen its leadership position in the Indian mutual fund industry with a Quarterly Average Assets Under Management (QAAUM) of ₹9,351 billion, up from ₹8,286 billion in the corresponding quarter last year. The company held an 11.2% market share of the mutual fund industry’s QAAUM during the quarter.

The asset manager also remained among the country’s largest actively managed equity-oriented mutual fund managers, with actively managed equity-oriented QAAUM reaching ₹5,740 billion and commanding a 12.8% market share.

Strong Financial Performance

For the quarter ended June 30, 2026:

  • Revenue from operations: ₹10,985 million (up 14% YoY)
  • Operating Profit: ₹8,276 million (up 10% YoY)
  • Profit Before Tax (PBT): ₹10,902 million, compared to ₹9,861 million a year earlier
  • Profit After Tax (PAT): ₹8,383 million, compared to ₹7,480 million in the corresponding quarter of the previous year

Robust Growth in Assets and Investor Participation

HDFC AMC maintained a healthy asset mix, with 66% of its QAAUM invested in equity-oriented funds and 34% in non-equity funds, significantly higher than the industry’s equity allocation ratio of 57:43.

The company processed 17.2 million systematic transactions worth ₹48.1 billion during June 2026, reflecting continued investor confidence in systematic investment plans (SIPs) and other recurring investment products.

Expanding Distribution Network

HDFC AMC’s nationwide distribution footprint continued to expand, supported by more than 1,10,000 empaneled distribution partners, including mutual fund distributors, national distributors, and banking partners.

The company now operates through 280 offices across India, with 196 offices located in B-30 cities, highlighting its focus on expanding financial inclusion beyond major metropolitan centres. B-30 locations contributed 19.6% of the company’s total monthly average AUM during June 2026.

Strong Retail Investor Base

Individual investors remained the backbone of HDFC AMC’s business, contributing 69% of the company’s total monthly average AUM, substantially higher than the industry average of 61%.

As of June 30, 2026, the company managed 31.1 million live accounts, while its unique investor base identified through PAN or PEKRN stood at 17.1 million. This represents approximately 28% of the mutual fund industry’s total unique customer base, which stands at 61.9 million.

Outlook

The latest quarterly performance underscores HDFC AMC’s strong operational execution, expanding investor reach, and leadership in actively managed equity funds. Continued growth in assets under management, rising retail participation, and an extensive distribution network position the company well to capitalize on India’s growing mutual fund penetration and long-term investment trends.