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CIL and AM Green aim for India’s largest RE Supply Contract

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HYDERABAD, India, May 9, 2025 /PRNewswire/ — In what would be one of the world’s largest renewable energy contracts, Coal India Limited (CIL) plans to supply 4500 MW of carbon-free energy, in phased manner, to upcoming green ammonia facilities of AM Green. It would be through a combination of solar and wind whose capacities CIL aims to set up on pan India basis. This initiative aligns with India’s national goal of achieving a cleaner energy mix and transition towards net-zero emissions.

A formal non-binding memorandum of understanding (MoU), for long-term supply and sourcing of renewable energy, was inked on 7th May between the two entities.

While the solar power capacity would be to the tune of 2500 MW to 3000 MW, wind is expected to account between 1500 MW and 2000 MW at an estimated total outlay of around Rs. 25,000 Crores. Potential sites for wind projects will be explored in the southern states of the country. And, for solar plants in the sunny states like Gujarat and Rajasthan.  

AM Green will integrate the two renewable sources supplied by CIL with pumped hydro storage to ensure a steady supply of green energy to AM Green facilities.

“While coal remains our mainstay in meeting India’s expanding energy needs in the near term, our plans include a proactive role in building a greener and more sustainable future. This is in consonance with our commitment to become the country’s integrated energy provider,” said P M Prasad, CIL’s Chairman.

AM Green promoted by the founders of Greenko, one of India’s leading energy transition solutions providers, targets to produce 5 million tons per annum (MTPA) of green ammonia by 2030. This equals to approximately 1 MTPA of green hydrogen and represents a fifth of India’s target for green hydrogen production under the National Green Hydrogen Mission.

Anil Chalamalasetty, Founder of the Hyderabad-based Greenko Group & AM Green, said, “We are delighted to partner with CIL on one of the world’s largest carbon-free, renewable energy supply contracts. We aim to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world.”

The agreement was signed by Sudarsan Bora, GM (E&M) representing CIL while his counterpart from AM Green was Shatanshu Agrawal, Sr. Vice President – Business Development. Present were P M Prasad, Chairman, CIL, Mukesh Choudhary, Director (Marketing) CIL and Anil Kumar, GM (MM & Solar) CIL.

About AM Green:

AM Green is promoted by the founders of Greenko Group, one of India’s leading renewable energy conglomerates with deep expertise in building, owning, and operating renewable assets. Greenko is currently developing large-scale closed-loop pumped storage projects to deliver round-the-clock power at competitive rates.

The founders have launched AM Green as a new energy transition platform focused on producing Sustainable Aviation Fuel, Green Ammonia, Green Hydrogen, Green Chemicals, and Biofuels. These efforts are structured through specialized subsidiaries, enabling technology partnerships and services.

AM Green will lead the production of green chemicals, hydrogen, and biofuels, with a strong commitment to scaling green ammonia across multiple Indian sites. Its goal is to reach 5 MTPA of green ammonia by 2030, equivalent to 1 MTPA of green hydrogen—representing 20% of India’s target and 10% of Europe’s import target, contributing significantly to global decarbonization and India’s net-zero goals.

Contact:

Suheil Imtiaz,
Public Affairs & Strategic Communication
suheil.m@amgreen.com 

Logo: https://mma.prnewswire.com/media/2490224/5310051/AM_GREEN_Logo.jpg

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Finys Launches the Latest Version of the Finys Suite at ITC Vegas

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Built on the redesigned Finys Platform, the latest version of the Finys Suite connects data, products, rates, rules, and workflows to support AI across insurance operations

LAS VEGAS, Sept. 29, 2026 /PRNewswire/ — Finys, a provider of core insurance software and services for U.S. property and casualty carriers, today unveiled the latest version of its flagship Finys Suite at InsureTech Connect (ITC) Vegas. The release brings policy, billing, and claims functionality onto the redesigned Finys Platform and introduces an updated user experience, embedded CRM, a restructured data model, and expanded configuration capabilities.

Property and casualty carriers are using AI across underwriting, service, claims, and other areas of the business. The results AI can produce are dependent on the core environment beneath it, including the data it can access, the business rules it can interpret, and the workflows in which its outputs can be used. Finys developed the latest version of the Suite around that operating reality.

“AI can only be as effective as the core environment supporting it,” said Kurt Diederich, CEO of Finys. “That is why we rebuilt the Finys Suite. We connected the data, products, rates, rules, and workflows AI needs to produce meaningful results across the business.”

The latest Finys Suite includes:

A redesigned technology foundation. The Finys Platform has been rebuilt to improve performance, scalability, resilience, and integration flexibility as the Suite evolves.An updated day-to-day experience. Updated landing and home experiences, clearer navigation, and streamlined workflows reduce friction for users.More connected customer and operational data. An embedded Finys CRM provides a customer-centric view of contacts and interactions, while a restructured data model is designed to make information easier to access and improve performance for carriers with complex operations.Greater configuration control. Finys Design Studio gives carrier subject matter experts a low-code environment to configure products, screens, rules, and forms.AI assistants across the Finys Suite that answer questions, provide conversational insights, and provide configuration assistance based on where the user is working.

The release extends beyond an interface update. It carries forward the proven insurance functionality carriers rely on while changing the foundation beneath it, creating greater flexibility to improve workflows, connect services, and introduce new capabilities without starting over.

About Finys
Finys provides core insurance software and services for U.S. property and casualty carriers. Its flagship product, the Finys Suite, supports the full policy lifecycle across policy, billing, and claims and includes portals, CRM, document management, data, intelligence, and configuration capabilities. For more than 25 years, Finys has combined technology built for insurance with a partnership-driven approach. For more information, visit finys.com or Booth 1339 throughout ITC Vegas, Sept. 29-Oct. 1, 2026.

Media Contact:
Beth Bartlick
Senior Director of Marketing
Finys, LLC
860-212-5799
bbartlick@finys.com 

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SOURCE Finys, LLC

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Cognizant Named to Forbes World’s Best Employers 2026 List

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Company recognized among the world’s top employers for the fifth consecutive year

TEANECK, N.J., Sept. 29, 2026 /PRNewswire/ — Cognizant (Nasdaq: CTSH) today announced it has been named one of the World’s Best Employers 2026 by Forbes for the fifth consecutive year. Presented in collaboration with Statista, the ranking recognizes organizations setting the global standard for workplace excellence.

The World’s Best Employers were identified through an independent survey that measures employee recommendations, feedback and peer evaluations from more than 300,000 employees across 50 countries.

“Cognizant is proud to be named among Forbes’ World’s Best Employers for the fifth consecutive year,” said Kathy Diaz, Chief People Officer, Cognizant. “Maintaining this recognition while at the forefront of the rapidly changing AI era reflects our focus on supporting our global workforce and staying true to our values as we evolve for the future.”

This recognition adds to Cognizant’s growing list of employer-related accolades, including being named to TIME World’s Best Companies 2026 list, and being certified as a Great Place to Work® in 30 countries. Reflecting its continued evolution as an employer, Cognizant recently introduced Frontier Certified Engineer and Frontier Business Operator roles, purpose-built for the AI era and designed to help shape the next generation of AI-powered work.

Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, business-relevant data and various market and consumer studies and surveys.

To view the full World’s Best Employers 2026 list, visit Forbes’ website.

About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.

For more information, contact:

U.S.

Alexis Garfinkel

alexis.garfinkel@cognizant.com

Europe / APAC

Sarah Douglas

sarah.douglas@cognizant.com

India

Vipin Nair

Vipin.nair@cognizant.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cognizant-named-to-forbes-worlds-best-employers-2026-list-302893048.html

SOURCE Cognizant Technology Solutions Corporation

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ReTo Eco-Solutions, Inc. Announces Share Consolidation

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BEIJING, Sept. 29, 2026 /PRNewswire/ — ReTo Eco-Solutions, Inc. (Nasdaq: RETO) (“ReTo” or the “Company”) today announced that its board of directors approved a combination of its Class A shares, no par value (the “Class A Shares”), on a twenty-to-one basis (the “Share Combination”). The Class A Shares will begin trading on a post combination basis on October 2, 2026.

As a result of the Share Combination, each twenty (20) pre-combination Class A Shares will be automatically combined into one (1) Class A Share without any action on the part of the holders, with the number of issued and outstanding Class A Shares reduced from 145,814,975 to approximately 7,290,749. There will be no change to the par value of the Class A Shares, which will remain no par value following the Share Combination. The Class A Shares will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “RETO” under a new CUSIP number – G75271158. The Share Combination is intended to increase the market price per share of the Class A Shares to allow the Company to maintain its Nasdaq listing.

No fractional shares will be issued as a result of the Share Combination. Shareholders who otherwise would be entitled to a fractional share because they hold a number of Class A Shares not evenly divisible by four will automatically be entitled to receive an additional share of the Class A Shares.

The Share Combination will not be submitted to a vote of the Company’s shareholders as shareholder approval is not required under the laws of the British Virgin Islands.

The Company’s transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Class A shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.

About ReTo Eco-Solutions, Inc.

Founded in 1999, ReTo Eco-Solutions, Inc., through its operating subsidiaries in China, is primarily engaged in the research and development, and sales of ecological environment protection equipment, intelligent mining equipment and smart craft beer machines. The Company provides consultation, design, implementation and installation of its equipment and related parts, as well as engineering support and technical advice and services. For more information, please visit: http://en.retoeco.com.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company’s actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company’s business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

View original content:https://www.prnewswire.com/news-releases/reto-eco-solutions-inc-announces-share-consolidation-302892244.html

SOURCE ReTo Eco-Solutions, Inc.

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