

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons
Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC
State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..

Thales Signs 11-Year Avionics Support Deal with IndiGo
French technology group Thales has signed an 11-year avionics maintenance support contract with IndiGo, India’s largest airline, for its Airbus A320 family fleet. The deal extends to over 1,200 aircraft, including the 800-plus planes scheduled for future delivery.The agreement includes Thales’ ‘By the Hour’ and ‘Repair by the Hour’ programmes, with repairs to be carried out at its maintenance facility in Gurugram. Additionally, IndiGo has extended by five years its deal with AvioBook, a Thales subsidiary, for Electronic Flight Bag solutions.The paperless AvioBook Flight system, alr..