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Defender Rally Series and Tata Elxsi Extend their Partnership into the 2024 Season

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Defender Rally Series and Tata Elxsi extend their partnership for the third consecutive season, facilitating the largest Defender Rally Series yet, featuring both UK and European Baja Championships

BENGALURU, India and LONDON, June 11, 2024 /PRNewswire/ — For the third season in succession, Defender Rally Series and Tata Elxsi continue their partnership, strengthening a relationship that began with the inaugural championship in 2022.

The 2024 Defender Rally Series is the biggest yet, with the UK Championship and European Baja Championship building on the successful 2022 and 2023 campaigns.

The series includes seven challenging events across the UK and Republic of Ireland, with each round hosting up to 16 competitors. This year, several teams from the 2023 UK Championship have advanced to the European Baja Championship, which consists of four rounds taking place in the UK, France, Spain, and Iceland.

With vehicles competing across some of the toughest rally stages the UK and Europe have to offer, the Defender 90 is built to tackle everything a rally event can throw at it, with all mechanical enhancements, rally support, competition entries and vehicle logistics taken care of by an expert team from Bowler*. 

Global design and technology service provider Tata Elxsi – dedicated to pushing the boundaries of automotive design and technology – will support all UK and international rounds in 2024, having assisted with the development of the rally-prepared Defender 90 more than four years ago.

A high-performance environment with constant demands on teams and support crews defines the Tata Elxsi core principle, ‘Xtreme Engineering’. Defender Rally Series is the ideal partner for Tata Elxsi’s products and services in the modern automotive industry.

James Barclay, Managing Director JLR Motorsport, said: “The Defender Rally Series is now well established, the 2024 season seeing the largest number of competitors to date, and the support of Tata Elxsi from the outset has been integral in making this possible. The Defender Rally Series is not only showcasing the capability of Defender in a motorsport application, but is allowing our customers to enjoy it in a competitive environment. The renewal of our partnership with Tata Elxsi can only further enhance the Series’ potential for the future.”

Calum McKechnie, General Manager, Bowler Motors, said: “Tata Elxsi has played a crucial role in developing the entire Defender Rally Series so it’s fitting to announce it will continue its support throughout this season, as it is proving to be our biggest and most competitive year so far. Each specially prepared Defender 90 is ready for competitive action and our championship goes from strength to strength, helping to develop crews to take on the most demanding off-road events.”

With technical support afforded to all entering the Series, Tata Elxsi logos will adorn every Defender 90 competing in the 2024 season.

Ganesh Kumar, General Manager & JLR Account Director, Tata Elxsi, said, “The Defender Rally Series and Tata Elxsi share a common foundation of Xtreme engineering, thriving in challenging environments, fostering high-performing teams, and utilising next-gen technologies to revolutionise the modern automotive industry. Together, we are not just designing vehicles; we are crafting experiences that resonate with the passion and spirit of adventure inherent in every off-road enthusiast. Our journey with the Defender Rally Series has been a testament to our expertise in bringing robust, cutting-edge solutions to the most challenging terrains, and we look forward to another year of shared success and Xtreme engineering.”

With the first three rounds of both Championships complete, the coming months will see the Defender Rally Series and Tata Elxsi collaborate to ensure drivers, co-drivers, team members and engineers experience a thoroughly enjoyable and competitive year.

Notes to Editors

JLR’s Reimagine strategy is delivering a sustainability-rich vision of modern luxury by design.

We are transforming our business to become carbon net zero across our supply chain, products, and operations by 2039. We have set a roadmap to reduce emissions across our own operations and value chains by 2030 through approved, science-based targets. Electrification is central to this strategy and before the end of the decade our Range Rover, Discovery, Defender collections will each have a pure electric model, while Jaguar will be entirely electric.

At heart we are a British company, with two design and engineering sites, three vehicle manufacturing facilities, an engine manufacturing centre, and a battery assembly centre in the UK. We also have vehicle plants in China, Brazil, India, Austria, and Slovakia, as well as seven technology hubs across the globe.  

JLR is a wholly owned subsidiary of Tata Motors Limited, part of Tata Sons.

About Tata Elxsi 

Tata Elxsi is a global design and technology services company across industries including Automotive, Media, Communications, Healthcare and Transportation. Tata Elxsi works with leading OEMs and suppliers in the automotive and transportation industries for R&D, design, and product engineering services from architecture to launch and beyond. It brings together domain experience across artificial intelligence, autonomous, electric, connected vehicle technologies, Software-defined vehicles (SDV) and is supported by a worldwide network of design studios, development centres and offices as well as a global pool of over 13,000 engineers and specialists.

For more information, please visit www.tataelxsi.com & www.tataelxsi.com/bowler

About Defender

Defender embraces the impossible. Each member of the Defender family is purposefully designed, highly desirable and seriously durable. A modern-day hero that respects the past but at the same time anticipates the future.

Available in 90, 110 and 130 body styles, with up to eight seats, each has a charisma of its own.

As part of a sustainability-rich vision of modern luxury by design, Defender 110 is available as an electric hybrid.

Defender Hard Top means business, with 90 and 110 body styles for professional capability.

A beacon of liberty since 1948, Defender supports humanitarian and conservation work with the International Federation of Red Cross and Red Crescent Societies and the Tusk Trust.

The Defender brand is underpinned by Land Rover – a mark of trust built on 75 years of expertise in technology and world-leading off-road capability. 

Defender is designed and engineered in the UK and sold in 121 countries. It belongs to the JLR house of brands alongside Range Rover, Discovery and Jaguar.

Important notice

JLR is constantly seeking ways to improve the specification, design and production of its vehicles, parts and accessories and alterations take place continually. Whilst every effort is made to produce up-to-date literature, this document should not be regarded as an infallible guide to current specifications or availability, nor does it constitute an offer for the sale of any particular vehicle, part or accessory. All figures are manufacturer’s estimates.

*About Bowler

Bowler was acquired by Jaguar Land Rover in December 2019 and forms a subsidiary division of JLR. It has been granted use of the Defender name under licence from JLR.

Logo: https://mma.prnewswire.com/media/742257/Tata_Elxsi_Logo.jpg

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ProHance Launches AI Adoption Index to Show What AI Is Changing at Work

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A scorecard to help organizations confirm that AI use is approved, applied to real work and producing results

SYDNEY, Nov. 2, 2026 /PRNewswire/ — ProHance, an AI-led Productivity Orchestration platform, today launched the AI Adoption Index, an AI realization scorecard that helps enterprises measure AI usage and confirm that it is on approved tools, applied to real work and turning into delivered value.

The launch comes as unmanaged AI use draws closer scrutiny. A 2026 industry study of data breaches found that incidents involving shadow AI, meaning AI tools used by employees without IT approval, accounted for 43% of all breaches, up from 20% in 2025. Among organizations reporting an AI-related security incident, 92% lacked adequate AI access controls.

Enterprises can usually see who uses AI and how much. Leadership still lacks answers on whether that use is sanctioned, whether it reaches real work, and what it produces.

For every enterprise, the AI Adoption Index lets leaders:

Map: See how AI is used across teams, from AI-Aware to AI-First.Measure: Identify which teams are behind on adoption.Mitigate: Detect shadow AI and keep a permanent audit trail.

Usage analytics stop at activity. Governance and security tools control approval and spend but cannot show whether AI changes how work gets done, and a separate set of tools tracks output shipped. The AI Adoption Index brings all three views together in one place, across every AI tool and every team.

“ProHance is envisioning to solve a critical problem of assessing AI’s impact on the workforce by helping leaders understand how to reskill and reshape their workforce with AI by measuring actual impact of AI and humans together,” said Ankur Dhingra, CEO, ProHance. “AI Adoption Index shows leaders who is using what, how deeply, at what cost, and where AI is running without approval, measured from the work itself, so they can decide where to act.”

The Index follows ProHance’s launch of its outcome measurement layer for Outsourcing Performance Management (OPM), which gives enterprises independent evidence of what their outsourced and contingent teams deliver. Across both launches, ProHance is focused on driving visibility for enterprises, so that AI-ready organizations can improve outcomes from their people and their AI together.

About ProHance

ProHance is an AI-led Productivity Orchestration platform that gives enterprises real-time visibility into productivity, operations and workforce performance.

 

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Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze

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Webull is expanding Webull Connect with Connect AI, Iress Xplan integration and LAB Group enabled onboarding and transfersAustralian adviser platforms held more than $1.22 trillion in funds under advice in March 2026, while adviser numbers have fallen around 42 per cent since 2019The expanded platform is designed to cut administration and help advisers manage more client work

SYDNEY, Nov. 2, 2026 /PRNewswire/ — Webull Securities (Australia) Pty Ltd (“Webull Australia”), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform, has rolled out new features for Webull Connect, its portfolio management and execution platform for Australian financial advisers, as it continues to advance its offering for the advice sector.

Australia’s financial advisers serve one of the world’s largest pools of retirement savings, and demand for advice is set to grow. Investment platforms used by advisers and their clients held $1.22 trillion in funds under advice as of March 2026.

Yet the profession serving that demand is shrinking. Licensed adviser numbers have fallen 42 per cent since the start of 2019, from around 26,500 to 15,413 at the end of June 2026. With fewer advisers looking after more clients and more assets, time has become the profession’s scarcest resource, and administration is taking up much of it.

Webull Connect’s latest update is built to address that capacity squeeze. New features include:

Connect AI: an AI assistant that assists advisers with routine operational queries and accelerates report workflows, with instant portfolio insights and summaries of client position exposures rolling out in early November. Advisers can currently use up to 5,000 queries per month at no cost.Bulk Onboarding and Transfer: in collaboration with LAB Group, bulk client registration, digital onboarding and portfolio migration, with HIN transfers for multiple clients initiated and tracked in one place.Iress Xplan Integration: built in collaboration with Iress, providing streamlined client portfolio integration with Xplan to improve workflow efficiency and client management.Bulk Trade: a single entry point to build diversified portfolios across the ASX and international markets, with orders across multiple client accounts executed separately or centrally and transparent average-price allocations.Webull Trade Terminal: multi-window layouts, advanced real-time charting, deep market depth and instant hotkey routing, giving advisers the same experience as Webull traders.Webull Connect Mobile App: a new app that lets advised clients follow their portfolios, order status and market insights, with the same experience Webull’s retail clients enjoy.

“When we launched Webull Connect in February, we said international market access was the real differentiator. Since then, advisers have told us the other thing holding them back is time,” said Rob Talevski, CEO of Webull Australia. “Australia’s advice sector looks after more than a trillion dollars, with roughly half the advisers it had a few years ago. We’re doubling down on Webull Connect because we see a real opportunity to help advisers do more with less, from onboarding a new client to building a global portfolio.”

Looking ahead, Webull Australia plans to broaden the platform further with access to Japanese markets, regulated crypto and digital asset access, and US bond and fixed income access, giving advisers more of the building blocks their clients need on a single platform.

About Webull Australia

Webull Securities (Australia) Pty. Ltd. is a leading financial services provider, holding an Australian Financial Services Licence (AFSL 536980) and regulated by the Australian Securities and Investments Commission (‘ASIC’). As a trading participant of both the Australian Securities Exchange (‘ASX’) and TMX Exchange Australia (‘TMX’), and a principal member of the Stockbrokers and Investment Advisers Association, Webull strives to ensure the highest standards of service and security. Learn more at https://www.webull.com.au/institution.

About Webull

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure and AI technologies. Through its global network of licensed brokerages, Webull offers investment services in 18 markets across North America, Asia Pacific, Europe, Africa, and Latin America. Webull serves more than 29 million registered users globally, providing retail and institutional investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com. 

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SOURCE Webull Securities (Australia) Pty Ltd

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Investcorp Announces Aggregate Financial Activity for 2026 at Gateway Gulf Investment Forum

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Global investment manager reports US$65.2 billion in assets under management and strong investment and fundraising momentum during the first nine months of 2026

MANAMA, Bahrain, Nov. 1, 2026 /PRNewswire/ — Investcorp, a leading global alternative investment manager, today announced that it recorded US$11.1 billion in aggregate activity across fundraising, capital deployment and exits during the first nine months of 2026, underscoring the continued strength and growth of its global platform.

The announcement, made at Gateway Gulf 2026 in Bahrain, highlights Investcorp’s global investment momentum and its continued commitment to the Kingdom, where it was founded in 1982.

Between January and September 2026, Investcorp raised US$4.8 billion from its global investor base, deployed US$3.7 billion in new investments and recorded US$2.6 billion in exits across its investment businesses. As of September 2026, Investcorp’s total assets under management stood at US$65.2 billion.

During the same period, Investcorp achieved significant fundraising milestones across its North America Private Equity and Strategic Capital platforms, securing more than US$2.3 billion in aggregate commitments.

Mohammed Alardhi, Executive Chairman of Investcorp, said: “Investcorp was founded in Bahrain more than four decades ago, and the Kingdom remains central to our global growth and ambitions. Our continued momentum reflects the strength of our international platform and the confidence of our investors and partners. As we look ahead, we remain committed to connecting global capital with alternative investment opportunities, embracing innovation and contributing to Bahrain’s position as a leading international financial center.”

Key Investment and Innovation Highlights

Investcorp continued to expand its international investment activities during 2026, with significant transactions and milestones across its businesses:

North American Private Equity: Invested in Berger Financial Group, a leading US wealth management platform.US Real Estate: Announced approximately US$800 million in industrial real estate transactions, including acquisitions and exits, alongside a US$200 million acquisition of senior living and multifamily properties across key US markets.Private Equity India: Acquired 20Cube 3PL Solutions, a digital-first contract logistics business, to support its expansion and build a pan-India logistics platform.Private Equity Europe: Invested in Smart Managed Solutions in the UK, and established a new software engineering growth platform with NetRom Software and Trivium Solutions, focused on AI-enabled software development. Investcorp also acquired a majority stake in Connectif, a Spanish provider of AI-powered marketing automation solutions.Private Equity GCC: Acquired a strategic stake in Metra, a regional IT distribution platform, and joined a consortium to acquire Reda Gulf Holding, a leading Saudi-based provider of fire protection, safety, security, and hazard-control solutions.Digital Innovation: Investcorp Wealth, launched in 2024 and developed by the firm’s Bahrain-based teams, has digitally enabled more than US$620 million in capital raising from clients since its launch, demonstrating its international reach and the important role of Investcorp’s Bahrain-based teams in its digital wealth management capabilities.Artificial Intelligence: Launched an AI Investment Framework to identify AI-driven investment opportunities, enhance portfolio performance and support long-term value creation.

These achievements reflect Investcorp’s ability to connect investors with opportunities across North America, Europe, the Middle East and Asia. Investcorp’s participation in Gateway Gulf 2026 reinforces its longstanding commitment to Bahrain and the Kingdom’s role as a gateway for global capital and financial innovation.

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