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Canada advances global energy exports by signing second European LNG deal

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NISGA’A NATION, BC, July 29, 2026 /CNW/ — The world is changing rapidly. In response, Canada is focused on what we can control: building a stronger, more independent and more sustainable economy. As part of that plan, we are expanding and strengthening our international trade energy exports. Canada has what the world wants, and providing Canadian energy to our allies reinforces global energy security, domestic prosperity and Canada’s position as an energy superpower.

Today, The Honourable Jill McKnight, Minister of Veterans Affairs and Associate Minister of National Defence, on behalf of the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced a binding agreement between Ksi Lisims LNG and Germany’s Uniper SE. This first-of-its-kind deal will see Uniper purchase two million tonnes per annum (mtpa) of Canadian LNG for up to 20 years, with first deliveries expected to begin in 2032.

These deliveries will benefit customers in Uniper’s core markets of Germany, the United Kingdom, Sweden and the Netherlands. For decades, Canada relied almost entirely on the U.S. market for its natural gas exports. Locking in long-term contracts with European allies broadens our customer base, giving Canadians greater economic and job stability and increased trade sovereignty. This deal supports the federal government’s trade diversification agenda, enabling us to go from less than 0.01 percent of our natural gas exports being sent to non-U.S. markets in 2024 to an estimated 55 percent by the early-to-mid 2030s. 

Led by the Nisga’a Nation, Ksi Lisims LNG is a $30-billion project that will be Canada’s second-largest LNG facility, with the potential to represent 13 percent of Canada’s total natural gas exports by the early-to-mid 2030s. It will also be one of the world’s lowest-emission LNG operations, with emissions 94 percent below the global average. It was referred to the federal Major Projects Office in November 2025.

This agreement follows on the landmark first Canada–Europe LNG letter of interest reached in May 2026 of a potential 20-year agreement between Ksi Lisims LNG and Germany’s SEFE to supply one million tonnes of LNG per year from Canada to Europe — meaning that a quarter of Ksi Lisims’ LNG is now tapped for Canada’s European allies.

Today’s agreement marks an important step for the Nisga’a Nation and for Ksi Lisims LNG, one that is expected to drive significant economic activity, create thousands of jobs in British Columbia and contribute $15 billion to Canada’s GDP.

The signing of this agreement demonstrates how Canada is taking decisive action to responsibly unlock our natural resources, build in partnership with Indigenous Peoples, strengthen our economic security and deliver low-carbon growth that supports jobs, diversifies trade and catalyzes long-term prosperity.

Quotes 

“This agreement between Ksi Lisims LNG and Uniper represents more than an energy partnership. It is a powerful example of how, by working with allies like Germany, Canada can strengthen its economy and sovereignty and support global energy security. Amidst energy market disruptions, international demand for reliable energy only continues to grow, and projects like this — developed in partnership with Indigenous Peoples and providing best-in-class low-carbon energy — demonstrate how Canada is not only a competitive but also a leading energy superpower.”

The Honourable Tim Hodgson 
Minister of Energy and Natural Resources 

“Today marks another important step in Canada’s trade diversification and in building a stronger, more independent and resilient economy. By expanding international trade and supplying low-carbon LNG to trusted allies like Germany, Ksi Lisims LNG will create jobs, attract investment, contribute to Canada’s long-term prosperity and reinforce Canada’s position as a global energy superpower.”

The Honourable Dominic LeBlanc
President of the King’s Privy Council for Canada and Minister responsible for Canada–U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy 

“By working alongside the Nisga’a Nation to advance major projects like Ksi Lisims, we are creating opportunities for investment, jobs and long-term prosperity in communities across B.C. This agreement not only strengthens and diversifies our trade relationships but also reinforces B.C.’s position as a reliable, clean energy partner.”

The Honourable Adrian Dix
British Columbia Minister of Energy and Climate Solutions

“Today marks another important milestone for British Columbia and Canada as we continue to strengthen our economy and diversify trade by expanding access to global markets. As a leader in Canada’s export growth, B.C. is helping deliver low-carbon energy to the world while creating well-paying jobs and opportunities here at home. Developed in partnership with Indigenous communities, Ksi Lisims LNG demonstrates how sustainable resource development can advance reconciliation and deliver mutual prosperity. This project will help catalyze growth across the province and reinforce Canada’s role as a trusted energy partner for allies around the world.”

The Honourable Jill McKnight
Minister of Veterans Affairs and Member of Parliament for Delta

“Today’s signing shows that Germany and Canada want to deliver fast: to the benefit of our businesses, our people; to the benefit of Canadians, British Columbians and the Nisga’a Nation. Our partnership is entering into a new era, be it in energy, technology or defence. We are proud to be reliable and trusted partners of our Canadian friends.”

Tjorven Bellman
German Ambassador to Canada

“This agreement sends a strong signal for greater security of supply and strategic independence: Uniper is securing around two million tonnes of Canadian LNG per year over the long term, equivalent to approximately 30 terawatt-hours. This is how we strengthen our resilience: through new sources of supply, long-term partnerships and greater diversification. Canada is a strategic partner for us — reliable, rich in natural resources and closely connected to Germany through strong economic ties.”

Katherina Reiche
German Federal Minister for Economic Affairs and Energy

“A project of this size returns real value — not just for Indigenous people but for everyone across B.C. and Canada — revenue that helps fund the hospitals we rely on and the schools our children learn in. It creates thousands of good careers for people who deserve the chance to build a future right here in northwest B.C. This agreement is proof of what’s possible when First Nations, the Province of B.C., the Canadian government, international partners and industry proponents work together. We’re proud of what Ksi Lisims LNG represents and optimistic for the future as the project moves toward FID and construction.”

Eva Clayton
President, Nisga’a Lisims Government

“This agreement is about far more than LNG. By signing this long-term, off-take agreement, we are strengthening Uniper’s portfolio with a reliable source of LNG from Canada. As a trusted partner, Canada helps diversify Europe’s energy supply and strengthens resilience against future disruptions. In an increasingly uncertain world, diversification is a strategic necessity. The project combines security of supply, low-carbon hydropower infrastructure and a strong partnership — exactly the kind of long-term energy partnership we seek to build.”

Michael Lewis
CEO, Uniper

Quick Facts 

Minister McKnight was joined by the Honourable Adrian Dix, British Columbia’s Minister of Energy and Climate Solutions; Eva Clayton, President of Nisga’a Lisims Government; Dirk Jacobi, Deputy German Consul General to Vancouver; and Mike Newman, Senior Managing Director for North American Power and Natural Gas Trading at Uniper — representing Canadian, Indigenous and international alignment on Canada’s role as a reliable energy supplier of choice to international partners, with Indigenous ownership at the heart of major projects.Ksi Lisims LNG is a proposed floating natural-gas liquefaction production, storage and offloading facility with a marine terminal located on the north coast of British Columbia. It will be Canada’s second-largest LNG terminal and would export up to 12 million tonnes per annum of LNG. After receiving approval under Canada and British Columbia’s “One Project, One Review” model in September 2025, Ksi Lisims LNG was referred to the Major Projects Office in November 2025 to support Canada’s efforts to more than double our low-carbon LNG production. Senior executives from the project also joined a successful Government of Canada–led trade delegation to Germany in August 2025, where they made contacts that contributed to the success of this deal.Ksi Lisims LNG was referred to the MPO as a project of national importance and significance on November 13, 2025. The Government of Canada established the MPO to advance nation-building projects to help drive our economy, diversify our industries and trade, support clean growth and Indigenous partnership, and create high-paying careers for generations to come. The MPO moves major projects forward faster and responsibly by simplifying processes while respecting the rights of Indigenous Peoples and protecting the environment. To do that, the MPO co-ordinates and provides support to the proponent throughout the federal regulatory and financing processes. Düsseldorf-based Uniper is a European energy company with global reach. It has about 7,000 employees, and its 18.5 gigawatts of power-generating capacity make it a mainstay of reliable power production across Europe, including providing energy and services to about 1,000 municipalities and industrial companies in Germany and serving as Germany’s largest operator of gas storage facilities and hydropower plants.Canada is building a trading network that is the envy of the world, with preferential access to 1.5 billion consumers across 16 free trade agreements, 51 countries and roughly two-thirds of global GDP. Building on this advantage, Canada is expanding its international trade footprint by connecting its world-class conventional and clean energy resources directly to global markets. Opening these new export pathways protects the domestic economy from regional price swings and delivers lasting prosperity for Canadian workers and communities.

Related Products 

Canada secures first European LNG dealCanada’s new government to simplify and accelerate Canada’s regulatory process  Prime Minister Carney announces second tranche of nation-building projects referred to the Major Projects Office | Prime Minister of Canada 

Associated Links 

Ksi Lisims LNGProjects referred to the Major Projects Office 

Follow Natural Resources Canada on LinkedIn 

SOURCE Natural Resources Canada

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REcore Takes the Lead on Award-Winning Project NexusRE™ as NorthstarMLS Wins Inman Innovator Award

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Recognition for pioneering AI-data-governance work arrives as REcore drives Project NexusRE toward alpha and beta testing

SAN DIEGO, July 29, 2026 /PRNewswire/ — NorthstarMLS has been named the winner of the Inman Innovator Award for Most Innovative MLS, Association or Industry Organization, announced yesterday at Inman Connect in San Diego. The recognition celebrates NorthstarMLS’s leadership on Project NexusRE™, the patent-pending infrastructure initiative built to give MLSs and brokers greater visibility, governance and control over listing data in the AI era.

REcore, the industry-owned technology company now leading the development and commercialization of Project NexusRE, congratulates NorthstarMLS on the honor — and sees it as validation of a bet the industry made together: that real estate should help shape its own AI future rather than have it shaped for them.

“Project NexusRE is proof of what’s possible when the industry builds the infrastructure it needs, on its own terms,” said Tim Dain, president and CEO of NorthstarMLS. “We are honored to have this work recognized alongside the efforts of these other key industry contributors and excited to see REcore transform it from idea to infrastructure.”

From vision to product: REcore takes the reins

Project NexusRE originated with NorthstarMLS and was shaped with AI strategy and development contributions from WAV Group’s Fluente AI team. With the vision set, REcore is now leading the work of turning it into a product the entire industry can adopt — carrying Project NexusRE from initiative to infrastructure.

Commercializing Project NexusRE through REcore allows it to be developed as industry infrastructure available to MLSs nationwide, rather than technology owned and operated by a single MLS. NorthstarMLS will continue to serve as an innovation partner while REcore leads product development, commercialization and deployment.

At its core, Project NexusRE acts as a governance layer between MLS listing data and the growing universe of applications, platforms and AI systems that rely on it — a way to see and manage how data is used after it leaves the MLS, with clear permissions, consistent rules and broker protections carried forward.

“Real estate already has trusted data. What the industry needs now is a consistent way to understand and govern how that data is used as AI systems become more common,” said Art Carter, CEO of REcore. “NorthstarMLS proved the vision. REcore’s job is to build it into something every MLS and broker can put to work — and this recognition tells us the industry is ready for it.”

New leadership, and the road to testing

To carry the project forward, REcore has named Jeff Fullbright as Chief Information and Strategy Officer, leading Project NexusRE’s development. Fullbright joins REcore after more than two decades building technology, and brings deep experience at the intersection of modern architecture, scalable systems and AI-driven development — precisely the foundation Project NexusRE is built on.

“What drew me to REcore is the chance to build, innovate and help shape what’s next,” said Fullbright. “Project NexusRE sits exactly where I want to be working — at the intersection of modern architecture, scalable systems and AI. My focus now is turning a strong vision into infrastructure the whole industry can rely on, and moving it responsibly into testing.”

Under that leadership, Project NexusRE is now moving into alpha and beta testing, with early partners helping to validate use cases, governance models and deployment ahead of a broader rollout. MLSs, associations, brokers and industry partners interested in participating in early testing conversations are encouraged to reach out.

“The AI era is already here,” Carter added. “The question was never whether real estate would use AI — it’s whether the industry would help shape the infrastructure behind it. Moving into testing is how that answer becomes real.”

About Project NexusRE™

Project NexusRE™ is a patent-pending infrastructure initiative designed to help MLSs and brokers bring more visibility, governance and control to listing data in the AI era. It creates a governed environment between MLS data and the applications, platforms and AI systems that interact with it — supporting local rules, broker permissions and responsible innovation. Project NexusRE originated with NorthstarMLS and is being developed and commercialized by REcore.

About REcore

REcore is a leading provider of MLS SaaS and data licensing solutions, offering customizable technologies built specifically for MLSs and Associations. Their products—developed in collaboration with MLS leaders—include REcore (a powerful SSO dashboard), DataCore (a next-gen MLS data management platform), and robust data licensing tools. Built by seasoned MLS professionals, REcore’s solutions simplify workflows, improve data security, and give MLSs more ownership and control over their technology ecosystem.

About NorthstarMLS

NorthstarMLS provides multiple listing services, technology solutions and market insights to real estate professionals across the Upper Midwest, including a majority of Minnesota and parts of Western Wisconsin and North Dakota. In 2025, the organization provided real estate professionals access to more than 97,000 listings, facilitating over 75,000 real estate transactions and contributing nearly $30.4 billion to the regional economy. NorthstarMLS is committed to innovation, data accuracy and delivering tools that help brokers and agents succeed in a competitive real estate marketplace. For more information, visit www.northstarmls.com.

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SOURCE REcore

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Global Clean Energy Secures Equity Facility to Support Growth Initiatives and Announces Board Update

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Initial $150,000 Tranche Provides Near-Term Capital; Greg Godbout Appointed to Board as Company Advances AI, Energy, and Resilience Strategy

HOUSTON, July 29, 2026 /PRNewswire/ — Global Clean Energy, Inc. (OTCID: GCEI), a leader in sustainable energy and innovation, today announced that it has entered into an equity facility with a family office designed to support the Company’s strategic growth initiatives.

Under the terms of the facility, the family office has committed capital structured around up to 1 million dollars convertible into shares and associated warrants, with an initial already funded tranche of $150,000 priced at $0.05 per share. The first tranche also includes 30-month warrants exercisable at $0.25 per share and a put feature at $0.50, providing GCEI with near-term capital flexibility as it continues to expand its operating platform.

The Company believes this financing strengthens its ability to advance priority initiatives across its clean energy, AI, and infrastructure resilience divisions. The equity facility is intended to support execution, provide additional financial flexibility, and help position GCEI to pursue both operational growth and strategic opportunities as they arise.

In connection with this update, Global Clean Energy also announced the resignation of Gerald Enloe from its Board of Directors. The Company thanks Mr. Enloe for his years of service and contribution to GCEI’s development.

Global Clean Energy is also pleased to announce the appointment of Greg Godbout to the Board of Directors. Mr. Godbout has played a central role in shaping the Company’s AI sales and pipeline strategy and broader innovation roadmap, including the buildout of initiatives connected to Flamelit and the Company’s AI for Humanity mission.

“This equity facility provides Global Clean Energy with the flexibility to accelerate execution as we scale across clean energy, applied AI, and resilience,” said CEO Dr. Earl Azimov. “Greg Godbout’s appointment to the Board reflects the growing impact of his government sales initiatives, including the expansion of a robust contract pipeline and successful engagement with public sector partners. His leadership continues to drive revenue visibility, strategic alignment, and disciplined execution as we advance the company’s next phase of growth. We also extend our sincere gratitude to Gerald Enloe for his years of service and valued contributions.”

The Company continues to focus on creating an integrated platform that combines sustainable infrastructure, applied intelligence, and real-world resilience solutions. Management believes this financing and board evolution represent important steps in supporting that long-term direction.

About Global Clean Energy, Inc. (GCEI)
Global Clean Energy, Inc. (OTCID: GCEI) drives the transition to sustainable infrastructure through innovative AI, energy solutions, and resilience technologies. The Company is building a diversified platform designed to serve the growing need for smarter energy decisions, infrastructure reliability, and applied intelligence across commercial and public-sector markets.

Forward-Looking Statements
Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate, and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

https://globalcleanenergy.net
https://www.flamelit.tech
https://www.talent-source.app/

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SOURCE Global Clean Energy Inc.

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Hexaware Reports Q2CY26 Revenue at USD 405.4 Mn, Up 6.1% YoY

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Q2CY26 EBIT Margin at 13.6%, Increase of 68 bps QoQ 

MUMBAI, India, July 29, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, today announced financial results for the second quarter of calendar year 2026 ended Jun 30, 2026.

Financial Summary and Highlights

USD Mn

INR Mn

Q2CY26

QoQ (%)

YoY (%)

Q2CY26

QoQ (%)

YoY (%)

Revenue

405.4

4.4 %

6.1 %

38,452

6.4 %

17.9 %

EBIT

55.3

9.8 %

43.9 %

5,236

9.1 %

59.1 %

PAT

34.9

(5.3 %)

(21.1 %)

3,302

(6.1 %)

(13.0 %)

Constant Currency Growth

Q2CY26

QoQ %

YoY %

Revenue

4.4 %

6.3 %

Revenue:

Q2CY26: USD 405.4 Mn | INR 38,452 MnUSD: +4.4% QoQ and +6.1% YoY | INR: +6.4% QoQ and +17.9% YoYConstant Currency: +4.4% QoQ and +6.3% YoY

Profitability:

EBIT (1):Q2CY26: 13.6% | +68 bps QoQ and (102 bps) YoY in % terms+9.8% QoQ and (1.3%) YoY in absolute termsBasic EPS: Q2CY26: INR 5.41 | (6.2%) QoQ and (13.4%) YoY

Key Client Metrics

Added one customer in the USD 20Mn+ category (LTM basis), increasing the total to 16 (from 15 in the previous quarter)Top 10 customer revenue concentration at 35.7% in Q2CY26 (LTM basis)

Key People Metrics

Closing Headcount: 34,506, QoQ net addition of 708 with 179 net addition in ITVoluntary Attrition for IT(2): 11.2%Q2CY26 Utilization Rate for IT(3): 84.8%

Other Key Metrics

DSO (Billed + Unbilled) at 78 in Q2CY26, of which Billed is 39LTM Q2CY26 Operating Cash Flow (OCF) to Reported Profit % at 124.7%Cash and Cash Equivalents Position as of Jun 30, 2026, is USD 175 Mn(4) (5)

Leadership Speak

“We delivered strong growth in what remained a challenging quarter for the industry. At the same time, our AI Labs are innovating at remarkable speed, launching one new offering every month. This innovation forms the foundation for sustained growth in the AI world.”

R. Srikrishna, CEO

“This was our first quarter with the ERP go-live which marks a major milestone in our transformation journey. We delivered industry-leading revenue growth coupled with margin expansion and solid cash conversion. This demonstrates the strength of our business and our team’s disciplined execution.”

Vikash Jain, CFO

Notes: (1) EBIT in USD terms, QoQ and YoY growth is calculated against adjusted EBIT. (2) Voluntary attrition rate for the IT service line is calculated as the total number of IT business professionals and support function professionals who left the company voluntarily during the period, divided by the average number of IT business professionals and support function professionals during the period, computed on a trailing twelve-month basis. (3) Utilization rate for IT is calculated as the total hours IT business professionals spent on customer-billed assignments, divided by the total available base hours. IT business professionals designated as Mavericks (campus hires) are included in the utilization computation after the completion of an initial training period of up to four months. Starting Q2CY26, utilization excludes employees working on platforms. This has improved Q2 utilization by 80 bps. The comparative periods have not been restated for this change (4) This includes restricted cash balance and MF investments (5) Exchange rate used is 94.66.

Financial Performance

Revenue Performance by Vertical

In USD Million

Q2CY26
QoQ

Q2CY26
YoY

Financial Services

1.1 %

1.4 %

Healthcare and Insurance

6.8 %

18.9 %

Manufacturing and Consumer

3.6 %

17.9 %

Professional Services

13.3 %

(3.4 %)

Banking

3.9 %

10.8 %

Travel and Transportation

(1.0 %)

(14.5 %)

Technology, Products & Platforms

(3.1 %)

4.5 %

Total Revenue

4.4 %

6.1 %

Revenue Performance by Geography

In USD Million

Q2CY26
QoQ

Q2CY26
YoY

Americas

2.9 %

3.5 %

Europe

7.0 %

11.2 %

Asia Pacific

14.1 %

24.8 %

Total Revenue

4.4 %

6.1 %

Key Wins

Won a deal with a leading German biotechnology company to deliver AI for Business solutionsWon a Zero License engagement with a leading capital markets institutionSecured an AI-led middle-office transformation engagement with a leading American financial services companyWon a legacy modernization engagement with a leading UK music copyright organizationSecured an outsourcing and transformation deal with a leading London-based public universityWon a Digital ITO deal with one of the leading non-bank lenders in ANZSecured an outsourcing and transformation deal with a large fintech company in APACWon a CRM transformation program with a leading global clinical research company

About Hexaware

We are a global digital and technology services company with artificial intelligence (“AI”) at our core. We leverage technology to deliver innovative solutions that help our customers in their digital transformation journey and subsequent operations. We embed AI into every aspect of our solutions and have created a suite of platforms and tools that allow our customers to adapt, innovate, and optimize in this AI-first era. We serve a diverse range of customers, including 30+ Fortune 500 organizations. With a team of 34,506 employees in 30+ countries, our presence is spread across major countries, nationalities, languages, time zones, and regulatory zones. For more information, please visit https://hexaware.com/.

Forward-looking Statements

Certain statements in this press release concerning our future growth prospects, litigations are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on work visa ,immigration, our ability to manage our international operations, the effect of current and any future tariffs, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, technological disruptions and innovations such as Generative AI ,our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies’ products and platforms in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies, the outcome of pending litigation and unauthorized use of our intellectual property and general economic conditions affecting our industry. The Company may, from time to time, make additional written and oral forward statements. We do not undertake to update any forward statements that may be made from time to time by us or on our behalf unless required under the law.

Disclaimer

Use of Non-GAAP Financials

Hexaware has included certain non-GAAP financial measures in this Press release to supplement Hexaware’s consolidated financial statements presented on a GAAP basis. These non-GAAP financial measures may have limitations as analytical tools, and these measures should not be considered in isolation or as a substitute for analysis of Hexaware’s results as reported under GAAP. The non-GAAP financial information that we provide also may differ from the non-GAAP information provided by other companies. We compensate for the limitations on our use of these non-GAAP financial measures by relying primarily on our GAAP financial statements and using non-GAAP financial measures only supplementally. We believe that providing these non-GAAP financial measures in addition to the related GAAP measures provides investors with greater transparency. We further believe that providing this information better enables investors to understand Hexaware’s operating performance and financial condition.

Rounding Off

Certain amounts and percentage figures included in this Press Release have been subject to rounding adjustments. Accordingly, figures shown as totals in certain tables may not be an arithmetic aggregation of the figures preceding them.

 

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