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NuSummit Appoints Kunal Purohit as Managing Director and CEO

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MUMBAI, India, Oct. 1, 2026 /PRNewswire/ — NuSummit, a leading global provider of AI-led cybersecurity, data, digital, and cloud transformation solutions across Capital Markets, Insurance, Banking, and Financial Services, today announced the appointment of Kunal Purohit as Managing Director and CEO.

Anantharaman Sreenivasan (Ganesh), who led NuSummit through five years of growth, integration, and transformation, will transition from his current role as MD and CEO immediately and continue as an Executive Director on NuSummit’s Board till 31st March 2027, supporting the leadership transition.

Kunal brings more than two decades of experience in starting and scaling businesses around modern technologies. He has held leadership positions at Tech Mahindra and HCL Technologies, where he helped clients redesign business processes and deliver business outcomes using technologies such as cybersecurity, AI, cloud, and data. Entrepreneur India recognized him among the Top 25 Tech Trailblazers in India, and IIM Indore awarded him the Distinguished Alumni Award for his impact in AI. He also sits on the boards of several start-ups.

Varun Laul, Partner, Investcorp and Board Member, NuSummit, said, “We are delighted to welcome Kunal to lead NuSummit into its next phase of growth. Kunal brings deep expertise in next-generation technologies, such as cybersecurity, cloud engineering, and AI, which are core offerings for NuSummit. His deep experience scaling global technology businesses will help the company accelerate and deliver greater value to clients. We also thank Ganesh for his contributions to NuSummit in its early years as an independent company.”

Kunal Purohit said, “I am excited to join NuSummit at an important juncture for the company. There is a crucial convergence of AI, cybersecurity, data, and cloud emerging across the enterprise technology landscape, and NuSummit is well positioned to support clients through this transformation journey. We bring deep industry expertise and strong engineering capabilities across these modern technologies and create meaningful business value.”

About NuSummit

NuSummit is a global technology leader in AI-led cybersecurity and digital transformation, spanning applications, data, analytics, and cloud. With over two decades of experience, we serve 300+ clients worldwide, including 22 Fortune 500 companies, with core expertise in banking, insurance, and capital markets.

Backed by Investcorp, a leading global alternative investment firm, NuSummit empowers organizations to orchestrate outcomes that help navigate the complex digital and cybersecurity landscape with confidence. 

For more information, visit www.nusummit.com.

About Investcorp

Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure, and insurance asset management. Since our inception in 1982, we have focused on generating attractive returns for our clients while creating long-term value in our investee companies and for our shareholders as a prudent and responsible investor.

Investcorp has 14 offices today across the US, Europe, the GCC, and Asia, including India, China, Japan, and Singapore. Currently, Investcorp Group has $64 billion of AUM in scale, including assets managed by third-party managers, and employs approximately 500 people from 40 countries globally across its offices. 

For further information, visit www.investcorp.com and follow us @Investcorp on LinkedIn, Twitter, and Instagram.

 

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Invitation to presentation of EQT AB’s Q3 Announcement 2026

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STOCKHOLM, Oct. 1, 2026 /PRNewswire/ — EQT AB’s Q3 Announcement 2026 will be published on Thursday 15 October 2026 at approximately 07:00 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the report.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, shareholderrelations@eqtpartners.com

Rickard Buch, Head of Corporate Affairs, +46 72 989 09 11
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q3-announcement-2026,c4402994

The following files are available for download:

https://mb.cision.com/Main/87/4402994/4296216.pdf

Invitation to presentation of EQT AB™s Q3 Announcement 2026

https://news.cision.com/eqt/i/eqt-group,c3569148

EQT Group

 

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Cambridge Linguaskill Business helps employers make more confident hiring and workforce decisions

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AI-powered English assessment gives organisations a consistent way to measure the communication skills employees need in today’s workplace

SINGAPORE, Oct. 1, 2026 /PRNewswire/ — As businesses operate across increasingly international teams, markets and customers, employers need more than a candidate’s stated level of English. They need reliable evidence that employees have the communication skills required for their roles.

Linguaskill Business from Cambridge provides employers with an online, on-demand and internationally recognised way to assess workplace English proficiency, supporting more informed decisions in recruitment, employee development and career progression.

Developed by Cambridge University Press & Assessment, part of the University of Cambridge, Linguaskill Business combines Cambridge’s expertise in language assessment with artificial intelligence and computer-adaptive technology to deliver accurate and reliable results.

From hiring decisions to workforce development

English proficiency can affect how effectively employees participate in meetings, deliver presentations, communicate with customers, write reports and collaborate across international teams.

Linguaskill Business assesses English proficiency from B1 to C2 on the Common European Framework of Reference (CEFR), providing employers with an internationally recognised benchmark of an individual’s ability.

The exam assesses four workplace communication skills: speaking, writing, reading and listening. Its modular format allows organisations to select the skills relevant to specific roles.

This means employers can move from subjective assessments of whether someone has “good English” to defined proficiency requirements supported by measurable results.

A practical tool for HR and business leaders

Organisations can use Linguaskill Business across the employee journey, including:

• Recruitment and candidate selection
• Graduate and management programmes
• Employee skills benchmarking
• Learning and development needs analysis
• Internal mobility and promotion
• Measurement of language training outcomes

Employers can also establish different English proficiency requirements for different roles. A customer-facing employee, for example, may require a different combination of speaking, listening, reading and writing skills from an employee whose role focuses primarily on written communication.

Designed for modern organisations

Linguaskill Business is delivered online and on demand, allowing organisations to administer assessment when and where required.

AI and computer-adaptive technology tailor the assessment to the candidate’s ability, while results are reported against CEFR levels. Candidates receive a certificate and detailed results, while organisations can access group reporting to review results across cohorts.

CEFR stands for Common European Framework of Reference for Languages. It is an international framework used to describe a person’s language ability. Instead of saying someone has “good English” or “intermediate English,” CEFR provides defined proficiency levels.

For employers managing teams across different functions, locations or markets, this provides a consistent framework for understanding English proficiency across the organisation.

Turning English proficiency into measurable workforce capability

Rather than relying solely on interviews, self-declared proficiency or different assessment approaches across departments, organisations can establish defined English standards for roles and measure employees and candidates against a common international framework.

This gives HR and business leaders stronger evidence to support recruitment, development and workforce planning decisions.

For organisations where English communication matters to employee performance, Linguaskill Business provides a scalable way to identify existing capability, uncover skills gaps and support targeted development.

To learn more about how Linguaskill Business can support recruitment and workforce development, visit Cambridge English https://www.cambridgeenglish.org/exams-and-tests/linguaskill/ 

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SOURCE Cambridge English

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Three in Four Travelers Get Their ESTA, UK ETA or eTA Right the First Time, Service eVisa Index Finds

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Passport details are the most common source of corrections, and travelers from Singapore are the most likely to get every detail right

NEWARK, Del., Oct. 1, 2026 /PRNewswire/ — Three in four travelers (76%) complete their electronic travel authorization correctly on the first attempt, according to the Service eVisa Travel Readiness Index. Passport details are the most common source of corrections, and travelers from Singapore are the most likely to get every detail right.

The Travel Readiness Index measures the share of applications that needed no correction at caseworker review. It is based on more than 10,000 anonymized applications for the UK ETA, US ESTA, Canada eTA, New Zealand NZeTA and Australia ETA, submitted between January 1 and September 1, 2026.

What are the most common travel authorization mistakes?
Passport details (number, issue or expiry date) accounted for 31% of corrections, followed by name order and middle names (19%), confusion between nationality and passport issuing country (13%), and date-of-birth format (9%).

These details matter because each authorization is linked electronically to a specific passport. On the US ESTA system, an error in passport or biographical information requires a new application and a new fee.

Which nationalities are the most travel-ready?

Singapore: 89.4%Japan: 88.1%Switzerland: 86.7%Denmark: 85.9%Netherlands: 84.2%

“The travelers who do best copy their details straight from the passport they will travel with, character by character,” said Fred Jordan, Director of Operations at Service eVisa. “Small details, like the order of your names or the format of a date, are where even experienced travelers slip.”

How to get a travel authorization right the first time

Copy details directly from your passport, not from memory.Enter your names exactly as printed, in the same order.Apply when you book your trip, not when you pack.

Travelers can check the requirements for each destination at serviceevisa.com.

About Service eVisa
Service eVisa is a private, independent travel authorization assistance platform that helps travelers prepare and submit electronic travel authorizations for destinations including the United Kingdom, the United States, Canada, Australia and New Zealand. Applications are supported by registered migration agents and licensed immigration advisers. Service eVisa holds a travel agency license, is accredited by IATA and is a member of ASTA and PATA. Learn more at serviceevisa.com. 

Media contact: contact@serviceevisa.com

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SOURCE Service eVisa

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