Connect with us

Technology

Tata Sons and New York Academy of Sciences Announce Prize to Honour Scientists in India

Published

on

The Tata Transformation Prize will recognize Indian scientists for research to solve societal needs and promote economic competitiveness

MUMBAI, India, Jan. 4, 2023 /PRNewswire/ — Tata Sons and the New York Academy of Sciences today announced the Tata Transformation Prize to recognize and support promising scientists in India who are developing innovative technological solutions to critical societal challenges.

 

The new prize will be awarded each year to three scientists for innovations in each of three areas: food security, sustainability, and healthcare. Each winner will each receive INR 2 crores, and will be honoured at a ceremony in India in December.

“This prize will accelerate breakthrough innovations by the Indian scientific community,” said Natarajan Chandrasekaran, Chairman of the Board of Tata Sons. “We hope this prize will help bring the transformational work of Indian scientists to light, reward them appropriately, and encourage them in taking solutions to market. The Tata Transformation Prize is one small way in which we will promote science and scientists to solve India’s national problems.”

Applicants for the prize must be active researchers with a doctoral degree, or equivalent, and be employed by an eligible university, institute, or other research organization in India. Applicants must propose technologies addressing food security, sustainability, or healthcare challenges with a focus on digital and technological transformation. Prize winners will be scientists whose proposed innovations re-imagine traditional practices and business models, transform technological paradigms, improve public trust, and promote an open and connected world.

“Pathbreaking research takes place in India, resulting in important advances in science around the world,” said Professor Nicholas Dirks, President and CEO of the New York Academy of Sciences. “This prize is focused not only on science, but on innovative discoveries that put science to work for the betterment of society, to solving major global challenges in three core areas. We are so pleased to be working with Tata, and Chairman N. Chandrasekaran, to support scientific and technical innovation in India. It will also raise national and international awareness of India’s strengths in scientific research and development.” 

The Tata Transformation Prize is the latest in a series of prominent awards and scholarship programs the Academy and its partners present each year to accomplished early-career and established scientists around the world. These initiatives, along with education and professional development programs for students and young scientists, reflect the Academy’s broader commitment to strengthening and diversifying the pipeline for skilled and talented scientists globally.

Click here for more information about the Tata Transformation Prize.

ABOUT THE TATA GROUP

Founded by Jamsetji Tata in 1868, the Tata Group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission ‘To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.

Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.

In 2021-22, the revenue of Tata companies, taken together, was US $128 billion (INR 9.6 trillion). These companies collectively employ over 935,000 people.

Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of $311 billion (INR 23.6 trillion) as on March 31, 2022. Tata Group Companies include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Indian Hotels, Tata Communications, Tata Electronics, Air India and Tata Digital.

ABOUT THE NEW YORK ACADEMY OF SCIENCES 

The New York Academy of Sciences is an independent, not-for-profit organization that since 1817 has been committed to advancing science for the benefit of society. With more than 20,000 Members in 100 countries, the Academy advances scientific and technical knowledge, addresses global challenges with science-based solutions, and sponsors a wide variety of educational initiatives at all levels for STEM and STEM related fields. The Academy hosts programs and publishes content in the life and physical sciences, the social sciences, nutrition, artificial intelligence, computer science, and sustainability. The Academy also provides professional and educational resources for researchers across all phases of their careers. Please visit us online at www.nyas.org

NOTE TO NEWS EDITORS:

To access to video content of Tata Chairman, N. Chandrasekaran and New York Academy of Sciences President, Nicholas Dirks, please download video soundbites & b-roll footage direct from this link https://vimeo.com/785591166/e87c114a47.

Media Contacts:
New York Academy of Sciences
Kamala Murthy
Kmurthy@nyas.org

Tata Sons
Harsha Ramachandra
harsha.r@tata.com

Video – https://www.youtube.com/watch?v=5XI75JXXOrw
Logo –  https://mma.prnewswire.com/media/1976114/TATA_NYAS_Logo.jpg

 

View original content:https://www.prnewswire.com/in/news-releases/tata-sons-and-new-york-academy-of-sciences-announce-prize-to-honour-scientists-in-india-301712798.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

CYGNVS Launches AI Incident Command Center to Manage AI-Driven Operational Crises

Published

on

By

Amid a 200% surge in AI incidents – bias, hallucinations, data leakage, agentic runaway – CYGNVS brings its proven cyber incident platform to a new class of operational risk

SAN MATEO, Calif., June 17, 2026 /PRNewswire/ — CYGNVS, the out-of-band platform for cyber resilience, today announced the launch of its AI Incident Command Center, a purpose-built solution for organizations to manage operational crises stemming from their own AI deployments. The CYGNVS out-of-band architecture is built with the isolation that security teams rely on for ransomware response, which means the AI being investigated cannot detect, influence or manipulate the response. The platform gives AI teams, business leaders and external providers a single place to prepare, practice, respond and report on AI incidents.

“a16z has been seeing the entire gamut of AI technologies and the increasing trend of AI incidents. AI incident response needs to be run out-of-band from the corporate network and out of reach of the AI itself,” said Patti Degnan, Operating Partner at a16z and former CISO, Notion. “If AI has access to the playbooks or communications of the response, it could obfuscate, evade, or manipulate. This is no different from isolating cyber incident response from ransomware or threat actors.”

The problem is already inside most organizations. Gartner® research found that sixty-one percent of senior professionals report observing AI agent automation deployed through approved enterprise software, while 59% report evidence of, or strong suspicion of, unsanctioned, employee-driven AI agents operating outside governed pathways. The OECD AI Incidents and Hazards Monitor recorded 596 AI incidents in January 2026 alone — up 200% year-over-year. AI incidents include model bias violating laws and regulations, hallucinations creating legal and customer exposure, data leakage triggering GDPR and HIPAA violations, and autonomous agents pursuing objectives in unintended or destructive ways.

Most organizations have no response infrastructure for any of it. When an AI agent misbehaves, organizations need to activate a cross-functional machinery spanning IT, security, legal, executives, as well as external providers like law firms. Without a playbook of what to do or a response platform to do it in, organizations reach for email and internal messaging, exactly the systems that may be influenced by or accessible to the AI under investigation.

CYGNVS patented technology integrates with AI deployments to surface failure signals across applications, models and agents, activating the matched AI incident playbook and escalating response into its out-of-band environment. The AI Incident Command Center is trained on an exclusive dataset of more than 20,000 major incidents from the insurance industry, data not publicly or commercially available, giving organizations specific and actionable guidance rather than generic advice.

“The time to deploy AI incident response is alongside the AI project rollout – not afterwards and playing catchup,” said Matt Honea, CISO of Hippocratic AI. “AI incident readiness requires playbooks, tabletop exercises, coordinated response and incident reporting, mirroring exactly what cybersecurity teams have built over the last decade. CYGNVS gives organizations an end-to-end platform for managing AI incidents.”

The CYGNVS AI Incident Command Center covers the full lifecycle of Prepare-Practice-Respond-Report.

Prepare: Organizations enter any AI incident with a playbook already tailored to their industry, geography and incident type, covering bias, model drift, hallucinations, multi-agent mismatch, data leakage and agentic runaway, with step-by-step role-based guidance and fine-grained access control.Practice: Teams build muscle memory for AI incidents through tabletop exercises across functions, with After-Action Reports generated automatically to capture learnings and close gaps.Respond: When an AI incident escalates, the response does not unravel across disconnected tools. Security teams, legal, executives, outside counsel and AI vendors work from a single secure environment, with every decision logged, timestamped and defensible.Report: Pre-built AI regulatory templates cover notification requirements across 56 binding laws and 47 frameworks globally, including EU AI Act, California AI Act, NY Law 144, Colorado AI Act, FDA AI/ML guidelines, so organizations spend less time building forms and more time managing the response.

“Customers have been running over 50 major incidents per week on CYGNVS,” said Arvind Parthasarathi, Founder and CEO of CYGNVS. “When they started facing AI incidents, their teams, executives, and external providers were already on the platform. The AI Incident Command Center is a natural extension of that trust, with purpose-built playbooks, scenarios, and regulatory reporting for a class of incident that didn’t exist a few years ago.”

CYGNVS AI Incident Command Center is generally available. Register for a live AI readiness session on July 16, 2026 with Matt Honea, Hippocratic AI CISO, and Arvind Parthasarathi, CYGNVS Founder and CEO at www.CYGNVS.com/ai-incident.

About CYGNVS Inc.

Over 3,000 customer organizations rely on CYGNVS as their Out-of-Band Command Center for cyber and AI incidents, reducing the cost and impact of incidents and outages. Even when systems are unavailable or compromised, AI/security teams, business teams, and external providers collaborate inside CYGNVS to prepare and import response plans, practice in tabletop exercises, successfully execute the response, and report to regulators and customers. CYGNVS AI is trained on an exclusive, growing set of over 20,000 major incidents not accessible publicly or commercially.

Media Contact:
Alyssa Pallotti Tech PR (APT-PR)
alyssa@apt-pr.com
+447397686566

View original content to download multimedia:https://www.prnewswire.com/news-releases/cygnvs-launches-ai-incident-command-center-to-manage-ai-driven-operational-crises-302800615.html

SOURCE CYGNVS

Continue Reading

Technology

FinVolution Group Publishes Eighth Annual ESG Report

Published

on

By

SHANGHAI, June 17, 2026 /PRNewswire/ — FinVolution Group (“FinVolution,” or the “Company”) (NYSE: FINV), a leading fintech platform operating across China and overseas markets, today announced the release of its 2025 Environmental, Social, and Governance (ESG) report, the Company’s eighth consecutive annual ESG report.

The report provides a comprehensive review of FinVolution’s ESG initiatives and achievements in 2025, highlighting continued progress in responsible governance, inclusive finance, employee development, and social impact.

Aligned with its core philosophy of “Technology, Kindness and Green Principles,” FinVolution has further embedded ESG considerations throughout its global operations and continued to earn recognition in international capital markets. The Company was honored in the Extel 2026 Asia (Ex-Japan/ANZ) Executive Team Awards and the FinanceAsia 2025 Awards.

Mr. Tiezheng Li, Vice-Chairman and Chief Executive Officer of FinVolution, commented, “In 2025, amid a shifting global economy, we made steady progress on our sustainable development journey. With finance as a bridge, technology as a driver, and community engagement as a foundation, we advanced meaningfully across our ESG priorities. These efforts reflect our firm belief that business value and social value can reinforce one another. Looking ahead, we will continue to uphold our mission with pragmatic action, create lasting value for all stakeholders, and contribute to a more sustainable future.”

Key highlights of FinVolution’s 2025 ESG report include the Company’s efforts in:

Governance, risk management, and business ethics; Fintech innovation, data security, and privacy protection;Inclusive finance and consumer protection;Overseas market expansion;Employee care and diversity;Social responsibility, community engagement, and industry collaboration;Climate action and green transformation.

These disclosures detail the Company’s strategy for responsible and sustainable growth and innovation. The ESG report has been prepared in compliance with the Global Reporting Initiative’s Sustainability Reporting Standards (GRI Standards) and with reference to MSCI ESG Rating Methodology. For more information regarding GRI Standards and MSCI ESG Rating Methodology, please visit:

https://www.globalreporting.org
https://www.msci.com

To download FinVolution’s ESG reports, please visit:

https://ir.finvgroup.com/ESG-Sustainability 

About FinVolution Group

FinVolution Group is a fintech platform operating across China and overseas markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company operates in China’s online consumer finance industry and has developed technologies and experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company’s platforms feature a highly automated loan transaction process. As of March 31, 2026, the Company had 246.5 million cumulative registered users across China and overseas markets.

For more information, please visit http://ir.finvgroup.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company’s ability to attract and retain borrowers and investors on its marketplace, its ability to increase the volume of loans facilitated through the Company’s marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company’s ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: ir@xinye.com 

Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: finv@tpg-ir.com 

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: finv@tpg-ir.com 

View original content:https://www.prnewswire.com/news-releases/finvolution-group-publishes-eighth-annual-esg-report-302802930.html

SOURCE FinVolution Group

Continue Reading

Technology

Yiren Digital to Report First Quarter 2026 Financial Results on June 25, 2026

Published

on

By

BEIJING, June 17, 2026 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), a leading fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2026 before U.S. market opens on Thursday, June 25, 2026.

Yiren Digital’s management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on June 25, 2026 (or 8:00 p.m. Beijing/Hong Kong Time on June 25, 2026).

Participants who wish to join the call should register online in advance of the conference at: https://dpregister.com/sreg/10209861/10439ec2351.

Once registration is completed, participants will receive the dial-in details for the conference call.

Additionally, a live and archived webcast of the conference call will be available at https://ir.yiren.com.

About Yiren Digital

Yiren Digital Ltd. is a leading fintech company specializing in digital consumer lending, insurance, and financial technology innovation across China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.

View original content:https://www.prnewswire.com/news-releases/yiren-digital-to-report-first-quarter-2026-financial-results-on-june-25-2026-302802883.html

SOURCE Yiren Digital

Continue Reading

Trending