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Belrise Industries Acquires Hyva India’s Tipper Body Business

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Acquisition strengthens Belrise’s transition to a Tier-0.5 supplierTransaction valued at approximately USD 5.65 million, representing an Enterprise Value (EV) to Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) multiple of approximately 3.60x

PUNE, India, Aug. 5, 2026 /PRNewswire/ — Belrise Industries Limited, one of India’s leading integrated automotive and aerospace component manufacturers with a diverse portfolio of safety-critical systems and engineering solutions announced the acquisition of the Tipper Body Business of Hyva India Private Limited, a subsidiary of JOST Werke SE. This transaction marks a strategic step in strengthening Belrise’s position as a Tier-0.5 supplier within the commercial vehicle ecosystem.

This acquisition aligns with Belrise’s long-term strategy of expanding its capabilities in the commercial vehicle segment and deepening its presence in high growth sectors such as construction, mining, defense and infrastructure. The transaction is based on an EV/EBITDA multiple of approximately 3.60x EV/EBITDA, with a total purchase consideration of approximately USD 5.65 million.

Hyva India’s Tipper Body Business is a well-established platform specializing in the manufacture of tipping solutions, catering to diverse end use applications across construction, mining, and infrastructure sectors. The business has strong engineering and design capabilities and serves all of the top five commercial vehicle OEMs in India.

The business delivered an EBITDA of approximately USD 1.57 million for CY2025, with a return on average capital employed (ROACE) of around 20%, reflecting its operational efficiency and profitability.

The acquisition will further enhance Belrise’s customer portfolio by adding a key European commercial vehicle OEM, while also strengthening its domestic footprint through three manufacturing facilities located in Pune, Jamshedpur, and Bangalore.

Speaking on the occasion, Mr. Swastid Badve, General Manager, Belrise Industries Limited, said:

“We are pleased to welcome Hyva India’s Tipper Body Business into the Belrise family. This acquisition is a strong strategic fit and complements our manufacturing and engineering strengths. It enhances our position in the commercial vehicle value chain and supports our vision of becoming a diversified, global mobility solutions provider. Belrise remains committed to ensuring a seamless transition for customers, employees, suppliers, and business partners, while investing in the future growth and development of the business.”

About Belrise Industries Limited

Belrise Industries Limited (“Belrise”) is a leading integrated precision engineering company headquartered in Pune, India. The Company specializes in the manufacturing of safety-critical systems and advanced engineering solutions for two-wheelers, three-wheelers, and four-wheelers, including passenger vehicles, commercial vehicles, and agricultural vehicles. Through its recent strategic acquisitions in Europe, Belrise has further expanded its capabilities into the production of structural and engine components for the aerospace and defense sectors.

Belrise has a turnover of INR 95,091 million and a market share of approximately 24% in precision sheet metal pressing and fabrication, based on revenue. With 22 manufacturing facilities in India and 2 in Europe, the Company serves 38 OEMs across vehicle segments, including the largest global aerospace and defense OEMs.

About Hyva India Tipper Body Business

Established in 1997, Hyva India introduced telescopic cylinder technology and tipping solutions to the Indian market and has since become a respected player in the heavy-duty commercial vehicle segment. The India Tipper Body Business is the only Hyva business globally dedicated to the design, manufacture, and sale of complete tipper bodies.

Following the transaction, Hyva will continue to own, operate, and invest in its Tipping Kits and Hydraulic Systems business. It will also continue to serve OEMs, body builders, dealers, and customers in India through its comprehensive portfolio of hydraulic and tipping technology solutions.

Safe Harbor Statement:

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

 

 

 

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All Nippon Airways Builds Cloud Network Hub with Equinix

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Japan’s airline cuts network provisioning time from months to weeks and prepares for a tenfold increase in global data volumes

REDWOOD CITY, Calif. and TOKYO, Aug. 5, 2026 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today announced that All Nippon Airways Co., Ltd. (ANA) has transformed its digital infrastructure with Equinix Fabric® to support the next generation of passenger services, including reservations, boarding, customer communications and operational systems. Facing a projected 10x increase in global data volumes, Japan’s leading airline established a centralized cloud network hub that reduced network provisioning time by approximately 80%, making resources available for application development and testing. This agile foundation allows ANA to accelerate application testing, increase business agility and target a 30% reduction in its five-year total cost of ownership.

As organizations modernize digital infrastructure for hybrid multicloud environments and growing data volumes, many are adopting more agile and scalable connectivity models. ANA’s deployment of Equinix Fabric reflects this broader shift, transforming its network into a future-ready digital foundation that enhances passenger services, increases business agility, and supports long-term growth. Through Equinix Fabric, ANA has accelerated connectivity deployment, improved cost efficiency and strengthened its ability to support the next generation of data-driven passenger experiences. Equinix helps ANA ensure security and compliance through private connectivity, consistent centralized policy enforcement and alignment with modern security frameworks.

Jun Nakazato, Manager, IT Infrastructure Team, Digital Governance Department, Digital Transformation Division, All Nippon Airways, said, “Our rapid business expansion demanded a network with unprecedented flexibility. Rather than continuing to expand our existing network environment, we recognized that implementing network-as-a-service was the most effective path forward. Equinix Fabric delivers the dynamic foundation we need to scale seamlessly. Equinix serves not merely as a vendor, but as a critical strategic partner in modernizing our global systems and enabling our future growth.”

Operating approximately 280 aircraft across more than 200 domestic and international routes, ANA’s operations are built on a highly resilient digital infrastructure that serves as the foundation for mission-critical passenger services, including reservations, boarding, customer communications and operational systems. As ANA expanded its business and accelerated adoption of hybrid and multicloud environments, the organization faced growing pressure to integrate increasingly sophisticated systems while maintaining the speed, flexibility and reliability expected of a world-class airline. Traditional network architectures that relied on dedicated circuits for individual systems became increasingly complex and costly to scale as connectivity requirements continued to evolve.

To address these challenges, ANA redesigned its network architecture around a centralized cloud network hub powered by Equinix Fabric. The software-defined interconnection platform enables secure, on-demand connectivity to leading cloud providers, including Amazon Web Services (AWS), Microsoft Azure and Google Cloud, without the need to deploy additional physical circuits.

By centralizing connectivity through Equinix Fabric, ANA has transformed its network from a traditionally provisioned infrastructure into a more agile, software-defined platform. The cloud network hub provides secure, on-demand access to leading cloud environments while enabling ANA to scale connectivity more efficiently as business needs evolve. Faster infrastructure provisioning and seamless connectivity across cloud environments can enable more integrated customer services, real-time operational coordination, and earlier adoption of new applications and services. This flexible architecture supports ANA’s broader passenger service modernization strategy and provides a resilient foundation for advanced analytics, automation, emerging AI workloads and future digital innovation.

Kuniko Ogawa, Managing Director, Japan, Equinix, said, “ANA’s deployment of Equinix Fabric demonstrates what’s possible when enterprises evolve how they consume infrastructure, not by ripping and replacing, but by adding intelligence and flexibility on top of a resilient physical infrastructure. We’re proud to support ANA as it builds a digital foundation capable of handling tomorrow’s data demands while delivering better experiences for passengers today.”

About All Nippon Airways (ANA) 

Founded in 1952 with just two helicopters, All Nippon Airways (ANA) has grown to become Japan’s largest airline and a global leader in premium service. 

ANA operates an extensive international and domestic network, connecting destinations across Asia, North America, Europe and beyond. With a focus on quality and omotenashi, ANA delivers a consistently high standard of service across every stage of the journey.

ANA is the only Japanese airline to have earned SKYTRAX’s 5-Star rating every year since 2013, underscoring its consistent excellence. The airline is also a four-time recipient of the Air Transport World’s (ATW) Airline of the Year award. In 2025, ANA was honored with FlightGlobal’s Executive Leadership: Asia-Pacific Award, reflecting its continued focus on innovation and strategic growth.

As part of ANA HOLDINGS Inc., ANA continues to invest in the onboard experience, its fleet and digital services to enhance the travel experience for passengers worldwide. 

For more information about ANA and ANA HD, please visit: https://www.ana.co.jp/group/en/

About Equinix
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI—quickly, efficiently and everywhere.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of building and operating IBX® and xScale® data centers, including those related to sourcing suitable power and land, and any supply chain constraints or increased costs of supplies; the challenges of developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

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SOURCE Equinix, Inc.

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ID Dataweb Named Winner of Inaugural Cybersecurity Excellence Community Choice Award for Identity Threat Detection and Response

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CENTREVILLE, Va., Aug. 5, 2026 /PRNewswire/ — ID Dataweb™, a recognized leader in identity threat detection and risk mitigation, today announced it has been named the winner of the inaugural Cybersecurity Excellence Community Choice Award in the Identity Threat Detection and Response category. Earlier this year, ID Dataweb also won the jury-selected Cybersecurity Excellence Silver Award for its ID Dataweb SaaS platform.

Presented by the Cybersecurity Excellence Awards, the Community Choice Awards were introduced in 2026 to recognize cybersecurity companies that have earned the strongest support from the public and industry. Unlike the program’s traditional jury-selected awards, Community Choice winners are determined entirely through public voting and community engagement, reflecting broad recognition from cybersecurity professionals, customers, partners, and peers.

“This recognition is especially meaningful because it comes directly from the cybersecurity community,” said Dave Coxe, co-founder and CEO of ID Dataweb. “Organizations today need continuous confidence that every digital interaction involves a legitimate user. At ID Dataweb, we’re helping enterprises move beyond credential-only or traditional step-up authentication with a dynamic, risk-based approach that protects customers, workforce, and third parties while preserving the seamless digital experiences today’s business demands.”

The ID Dataweb platform delivers real-time identity threat detection and risk mitigation by combining adaptive identity verification, behavioral analytics, device and credential intelligence, and dynamic risk scoring. This multi-layered approach enables organizations to detect anomalous behavior, prevent account-related threats, and maintain secure, frictionless digital experiences. 

Organizations across industries—including financial services, aviation, healthcare, public sector, and digital commerce—use the ID Dataweb platform to secure critical identity workflows such as customer onboarding, login authentication, password resets, account recovery, and call center verification. 

The Cybersecurity Excellence Community Choice Awards were announced on August 4, 2026, during Black Hat USA, recognizing organizations that have demonstrated exceptional engagement and support from the global cybersecurity community.

About ID Dataweb 
ID Dataweb™ helps enterprises stay ahead of identity fraud and account-related threats with real-time detection and mitigation while maintaining a seamless experience for their workforce, third parties, and customers. The ID Dataweb SaaS platform combines adaptive identity verification methods, behavioral analytics, device and credential intelligence, and risk scoring. Backed by AI and expert insights, these capabilities proactively stop identity-based attacks, protect revenue, and strengthen compliance. Unlike static legacy identity tools, ID Dataweb delivers dynamic, multi-layered risk orchestration that adapts to evolving threats. Its low-code, cloud-native services deploy quickly, integrate seamlessly with existing IAM systems, and align with each customer’s policies.

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

Media Contact:  
Larry Smalheiser  
WOC | Signal
pr@iddataweb.com

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SOURCE ID Dataweb

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Deloitte Introduces ControlCatalyst.AI™, a New Suite of AI-Driven Solutions Designed to Enhance Quality and Efficiency in the End-to-End Internal Audit, SOX, and Risk and Controls Lifecycles

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New capabilities expand Deloitte’s AI-enabled Assurance service offerings 

NEW YORK, Aug. 5, 2026 /PRNewswire/ — Building on its market-leading position to drive AI innovation, Deloitte today announced the launch of ControlCatalyst.AI, a broad suite of AI-powered solutions that transform delivery and drive value for internal audit, Sarbanes-Oxley (SOX), risk and controls, and compliance functions. Deloitte delivers human-led, AI-powered solutions that combine deep domain knowledge with flexible engagement models to meet organizations wherever they are on their AI journey.

By unifying Generative AI and agentic AI throughout the end-to-end risk and controls lifecycle, ControlCatalyst.AI enables smarter risk identification, deeper insights and enhanced quality, resulting in greater value and strategic resource allocation for clients and their stakeholders. It has been developed leveraging Deloitte’s Trustworthy AI™ framework and is a cornerstone of Deloitte’s AI-powered enablement and transformation capabilities. ControlCatalyst.AI will also soon be available as a solution through Deloitte’s Zora AI suite of products.

“In today’s rapidly evolving risk landscape, AI has enhanced the need for sophisticated risk solutions,” said Frank Milano, U.S. Assurance leader, Deloitte. “With the introduction of these new AI-enabled solutions and our broader risk management domain acumen, Deloitte is combining human judgement with AI-powered capabilities to bring greater trust and resilience to organizations.”

“Deloitte’s ControlCatalyst.AI represents a significant step in risk management technology, shaped by the hands-on experience of our controls specialists,” said Geoffrey Kovesdy, Digital Controls, AI, and Automation leader, U.S. Audit & Assurance, Deloitte. “By harnessing the power of AI, we are enabling our clients to achieve smarter, faster and more scalable solutions.”

Transforming the risk and controls landscape
ControlCatalyst.AI reimagines the risk and controls processes for organizations of all sizes and across industries, shifting from manual processes to AI-enabled actions that can improve the effectiveness of risk management, controls and assurance. Led by human intelligence and enhanced through AI, key capabilities include:

Dynamic Internal Audit & SOX Risk Assessment – Identifies the most critical risks faster, enabling smarter resource allocation and alignment, greater efficiency, and improved enterprise-wide risk coverage.Control Inventory Uplift/Rationalization/Modernization – Accelerates the identification of opportunities to enhance controls verbiage and descriptions as well as control rationalization, modernization and automation opportunities. Streamlined risk and controls frameworks drive better risk management, both in the execution and evaluation of controls.Regulatory Researcher – Delivers a single, citation-backed experience that accelerates onboarding, preparation and insights for new and emerging regulations. Automated Audit Documentation and Artifacts – Leverages walkthrough notes and other artifacts, generate process flows, risk and control matrices, and test steps, resulting in efficiencies and enhanced quality.Automated Operating Effectiveness Testing – Automates significant portions of the operating effectiveness testing of a control, including attribute identification, evaluation of supporting documentation, evaluation of information produced by the entity (IPE), and initial identification of potential exceptions. This capability results in enhanced efficiency and quality allowing the control tester to focus on potential exceptions and conclusions.Internal Audit Quality Assurance – Automates components of the quality assurance requirements aligned with internal audit standards, as well as additional quality assurance procedures across the risk and controls lifecycle.

Deloitte’s Audit & Assurance AI leadership
Deloitte delivers responsible, tested, human-led, AI-powered innovations, addressing complex challenges with practical, trusted solutions. Deloitte’s AI-enabled offerings, combined with extensive industry, domain and regulatory experience, can transform financial complexity into strategic clarity. Deloitte’s approach is grounded in quality, integrity and transparency.

For more information about ControlCatalyst.AI, please visit our webpage.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 9,000 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters for our people, clients, and communities. We bring together distinct talents, technologies, disciplines, and an ecosystem of alliances to help tackle today’s most complex business challenges and drive long-term progress. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 180 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 470,000 people worldwide connect for impact at www.deloitte.com.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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SOURCE Deloitte

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