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University School of Business at Chandigarh University organizes India’s First Corporate Crisis Championship ‘CEO Under Fire X’

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CEO’s, Founders of MSMEs & SMEs take part in CEO Under Fire event at Chandigarh University; Gives leadership tips to B-School students  

CHANDIGARH, India, Oct. 1, 2026 /PRNewswire/ — To equip students with applicable insights and practical skills for crisis management, Chandigarh University (CU) hosted ‘CEO Under Fire X’, India’s first ultimate corporate crisis championship, bringing together management students from about 150 institutions across the country for an immersive platform to act as CEOs managing simulated high-stakes business emergencies designed and test their critical thinking, strategic decision-making, problem solving, collaboration, leadership and business communication skills under pressure in a dynamic corporate environment.

The dignitaries who graced the launch of ‘CEO Under Fire X’, organized by CU’s University School of Business (USB), included Sham Kumar, Co-Founder & COO – Aerial Telecom Solutions; Gaurav Malik, President, Homeland Group; Asit Prakash Sharma, Vice President – CX Capability & Presales Leader, Tech Mahindra; Zubair Chaudhary, Founder & CEO,  Einstellen.AI; Vatsalya Chaturvedi, Director & CEO – MintSteer; Rohit Gupta, Director Grant Thornton; Prof (Dr) Satbir Singh Sehgal, Vice-Chancellor, Chandigarh University and Prof (Dr) Nilesh Arora, Executive Director, Management, Chandigarh University.

As a part of the ‘CEO Under Fire X’, CU’s University School of Business (USB) also hosted ‘CXO Summit 2026’, bringing together Startup Founders, CEOs, Co-Founders and Managing Directors from various business domains including finance, telecom, real-estate and human resource to share their perspectives on leadership, strategic excellence, digital innovation and measurable business outcomes. On the occasion, the University School of Business (USB), Chandigarh University, unveiled its Centre of Excellence ‘AURA’ – Centre for AI-Driven Universal Business Re-engineering & Analytics and also launched its first professional skill certification programme ‘Generative and Agentic AI for Business Applications’ in collaboration with Grant Thornton, as a part operational launch of the CoE.

The first round of ‘CEO Under Fire X’ titled ‘Shock Wave – Face the Crises’ witnessed participation from around 150 teams representing institutions across Punjab, Haryana, Maharashtra, Delhi, Jammu & Kashmir and other parts of the country. The prominent institutions represented in the championship included Amity University, Bennett University, Thapar Institute, Graphic Era University, Rayat Bahra University, Indira Global School of Business, Savitribai Phule Pune University, Panipat Institute of Engineering & Technology (PIET) and University of Jammu.

In second round of the championship, ‘Decision Under Pressure’ at CU Campus, top 50 teams assumed roles of various stakeholders such as investors, board members, regulators and business partners, creating a realistic corporate crisis boardroom experience before the judging panel. Top 10 teams worked on live corporate crisis situations in limited time during the final round ‘CEO Verdict: Grand Finale – CEO Hot Seat’ in which participants assumed the role of a CEO and defended the team’s decision before the judges.

On the basis of performance in rapid-fire questioning, decisive leadership, judgement and communication under pressure, Indira Global School of Business Pune team ‘Boardroom Wizards’ secured first position while the second and third position was bagged by Amity University’s team ‘Business Mavericks’ and Chandigarh University team ‘Titans’ respectively.

Participating in a panel discussion on ‘Leading Through AI, Market Disruption & the Future of Business’, Sham Kumar, Co-Founder & COO, Aerial Telecom Solutions urged the youth to embrace and learn new technologies like AI which help in resolving customer problems, reduces costs, boosts productivity. He said, “AI will affect mundane jobs, so adding AI as a skill set can also create jobs. Anyone not accepting AI may find it difficult but somebody who adds AI as a skill set to his knowledge base can definitely prosper and do better jobs. This applies both to organisations and individuals.” 

Asit Prakash Sharma, Vice President, CX Capability and Presales Leader, Tech Mahindra said, “Today’s generation is fortunate to have been born in the digital era. I have witnessed three generations of technology: the first, when there was no technology or AI; the second, characterized by digitization and basic automation; and the third, the current era of Generative AI and Agentic AI. This shift is transforming consumer and buyer behavior. Companies are no longer seeking mere optimization or incremental improvements; they are asking to reimagine and transform entire processes. Whether it involves deploying 20 AI agents alongside 10 people or utilizing 100 AI agents without any human intervention, what matters to the customer is the outcome. So it’s not about increment and improvement, it’s about the leap of faith which companies are forced to take. There is no escape from AI.”

Gaurav Malik, President, Homeland Group said, “AI can enhance and accelerate the learning process but cannot replace human experience. AI can provide data, charts, and recommendations, the tasks of engaging with people in the market, making decisions, and taking responsibility for their outcomes remain inherently human. In the real estate sector, AI is being utilized to better understand and optimize market dynamics, customer needs, competitor activities, and business operations; however, the final decision rests with the customer. Building a trustworthy and transparent relationship with the customer, maintaining clarity regarding products and future goals, and fulfilling one’s obligations are aspects that cannot be fully digitized or automated. AI will prove to be extremely beneficial for the real estate industry, but it cannot fully replace years of experience.” 

Zubair Chaudhary, Founder & CEO – Einstellen.AI said, “Even since AI has come into the picture, we are still catching up with the way the technology is evolving. As a startup ecosystem, technology is secondary as our main priority should be the problem that needs to be solved. So, we should not wait for technology to evolve and rather focus on what are the business problems that we are solving as a startup ecosystem. When you go out in the market, identify a problem, solve it and there is somebody that is going to pay for it.”

Vatsalya Chaturvedi, Director & CEO – MintSteer said, “AI platforms can enhance a user’s capability to provide solutions in a better way but core skills matter the most in a business. AI can only help you, you know, enjoy the dish, but you have to prepare the dish for which you should know the ingredients. You should know what your skills are bringing to the table to help the customer and how can your core skills enhance it with AI.”

In his welcome address, Prof (Dr) Satbir Singh Sehgal, Vice-Chancellor, Chandigarh University said, “Chandigarh University integrates experiential learning through hands-on workshops, industry collaborations, and real-world projects which bridge the gap between theory and practice. In line with this, ‘CEO Under Fire X’, India’s First Corporate Crisis Championship, is an excellent opportunity for management students to hone their leadership skills and put to practice all the classroom learning. I am sure the hands-on learning experience gained during this championship will equip students with applicable insights and practical skills for navigating critical moments during a real-world corporate crisis.”

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: https://www.cuchd.in/

 

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Prophix® Announces Strategic Collaboration with PwC UK to Accelerate Finance Transformation for Mid-Market Organisations

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The relationship combines Prophix’s Corporate Performance Management platform with PwC’s transformation expertise to deliver end-to-end finance modernisation.

TORONTO, Oct. 1, 2026 /PRNewswire/ — Prophix®, a global leader in financial performance management today announced a collaboration with leading professional services provider PwC UK.

Together, Prophix and PwC will deliver a proven corporate performance management platform supported by hands-on advisory and managed services to midmarket organisations across the UK and Ireland.

The relationship will enable customers to access innovative solutions as well as a broader market-leading network of dedicated support.

As part of the PwC Finance Managed Services ecosystem, PwC UK will utilise the Prophix platform to deliver a broad spectrum of services from implementation and advisory services; to managed services to provide clients with the support they need in an agile, cost effective and tailored way. This expands Prophix’s regional presence while providing customers with a trusted partner to help them scale, embrace AI-driven capabilities, and build more intelligent, streamlined finance operations.

“Finance transformation doesn’t happen through technology alone,” said Alok Ajmera, CEO at Prophix. “Our collaboration with PwC UK ensures customers have both the right platform and the right expertise. Together, we’re helping finance teams get more value from their systems, make smarter decisions, and build the foundation for more autonomous, future-ready finance operations.”

Tony Price, Accounting Services Partner at PwC, said: “Our clients are seeing tremendous change in the way finance functions operate, from the way they procure systems right through to the way they operate and report to their stakeholders. Our collaboration with Prophix provides our clients with the ability to access leading technology at pace and in a way that works for them, whether as a direct purchase or as a managed service, to ensure that they remain agile and enhance their competitiveness.”

About Prophix
Prophix® is a global leader in financial performance management, empowering finance teams to lead with clarity, capacity, and confidence. From planning and budgeting to forecasting, reporting, reconciliation, and consolidation, Prophix brings it all together in one intelligent platform.

Prophix One™, the flagship Autonomous Finance Platform, combines AI, automation, and intuitive technology to simplify complex work and elevate finance to a more strategic role. With nearly four decades of innovation and a global footprint serving more than 3,000 customers in 100+ countries, Prophix is the trusted partner for organizations ready to transform finance into the driving force behind business growth.

About PwC
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum. Find out more at pwc.com.

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The Institute of Culinary Education and Wagyu Sommelier Bring Certification to New York for the First Time with Multi-Day Experience for Students, Chefs, and Hospitality Professionals

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The Institute of Culinary Education and Wagyu Sommelier extend their annual partnership with a bicoastal lineup and expanded education for the level one iteration

NEW YORK, Oct. 1, 2026 /PRNewswire/ — The Institute of Culinary Education and Wagyu Sommelier today announce an expanded partnership for 2026. The second annual certification training will make its debut in New York at the Institute of Culinary Education in Brookfield Place (October 26-28) after returning to the Los Angeles campus for the second year (October 19-21). Both multi-day training sessions will include education on Japanese Wagyu quality, traceability, nutritional benefits, sourcing, and heritage, as well as butchery and whole-animal usage. New for this year, the level one certification includes expanded training for front-of-the-house teams in addition to hands-on cooking and chef demonstrations.

The partnership centers around both organizations’ commitment to culinary education and quality ingredients. While professional chefs and hospitality professionals will make up the majority of attendees on both coasts, the Institute of Culinary Education will select approximately 35 students from its cohorts to participate in the new certification at no additional cost. The Institute is also working with the Wagyu Sommelier program to handpick culinary and hospitality speakers and attendees to receive the training at no cost. The selection process is led by the originator of the partnership, Mishel LeDoux, Director of Hospitality and Management Programs for the Institute’s Los Angeles campus and Senior Vice President of Culinary Operations, Barry Tonkinson in New York.

“There is no limit to the benefits of education and we are proud to act as a catalyst for expanding access to burgeoning programs like Wagyu Sommelier certifications. This multi-year partnership allows us to bring our students into a growing community in the industry, connecting them to elite expertise and real-time networking as they build their careers. We look forward to providing an opportunity to better understand an often misunderstood ingredient under masterful guidance. This program is a unique educational experience that we’re excited to bring to New York for the first time,” says Lachlan Sands, President of Los Angeles Campus, Institute of Culinary Education.

In partnership with the Japan External Trade Organization, Wagyu Sommelier will provide attendees with tastes and training including rare access to brands of Japanese Wagyu heritages not yet widely available in the United States. The expansion of the certification program is an industry and education-first approach to ingredient ambassadorship created to help diversify and deepen industry understanding of a deeply nuanced ingredient and its sourcing process.

“Our growing partnership with the Institute of Culinary Education has been instrumental in providing expertise, educational resources and a generous approach to creating on-campus communities in major food cities. We are looking forward to welcoming a new generation of Wagyu sommeliers into the certification program and continuing to help industry experts better understand the world of Japanese Wagyu,” Nan Sato, Founder and CEO of Wagyu Sommelier.

For the first time ever, Wagyu Sommelier and the Institute of Culinary Education are accepting applications to attend certification training in either New York or Los Angeles. To learn more and apply, click here for Los Angeles, click here for New York.

About the Institute of Culinary Education
The award-winning Institute of Culinary Education was established in 1975 and has since grown to be one of America’s leading centers for culinary education. With campuses in New York City and Los Angeles, and robust online programs, the school was ranked by USA Today as the “#1 Culinary School in America” in 2019. The Institute provides comprehensive education in Culinary Arts, Pastry & Baking Arts, Health-Centered Culinary Arts, Restaurant & Culinary Management, and Tourism, Travel & Hospitality Management. These intensive career-training programs can be completed in as little as eight months to jump-start a career in the industry. The Institute also offers a vast menu of recreational courses for the public and hosts industry and private events. The school continues to grow and evolve; within the last decade, the Institute launched its LA campus and acquired both the Natural Gourmet Institute and French Culinary Institute (International Culinary Center). For more information, visit our website at ice.edu or connect with us at @iceculinary on Instagram, YouTube, TikTok and Facebook.

About Wagyu Sommelier
Founded in 2020, Wagyu Sommelier Trading is the only dedicated importer of single-farm, whole-animal, rare-herd, and long-vintage Japanese Wagyu beef in the United States. As both an educator and wholesaler, WST bridges the American butchery gap, supplying beef sourced directly from independent Japanese farms and demystifying the high-value, under-exposed cuts beyond the loin. An uncompromising commitment to the integrity and traceability of the Wagyu beef supply chain underpins the company’s unique position as not only a purveyor, but the foremost educator and promoter of nose-to-tail butchery and farm-direct import of the world’s most cherished beef. The Level 1 and Level 2 Wagyu Sommelier certifications are the only certificate courses of their kind in the United States, and offer culinary students and chef-attendees the unique opportunity to work hands-on with the product under the direct tutelage of master butchers from Japan. For more information, visit us online at wagyusommelier.com or find us via @the.wagy.sommelier on Instagram.

Contact: Bre Metcalf-Oshinsky, Head of PR & Partnerships, pr@ice.edu 

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SOURCE The Institute of Culinary Education

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Bahrain to Convene Architects of the Future Economy for Gateway Gulf’s Fourth Edition This November

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At a pivotal moment for the global economy, international leaders will engage in open dialogue to explore how partnerships and cross-border investment can catalyse sustainable growth and strengthen economic resilience.

MANAMA, Bahrain, Oct. 1, 2026 /PRNewswire/ — Bahrain is set to convene an exclusive gathering of ministerial and senior government officials, visionary chief executives, and influential voices from across the Middle East, Asia, Europe, Latin America, and North America, for the fourth edition of Gateway Gulf, taking place from 1-2 November 2026 at the Four Seasons Hotel Bahrain Bay under the theme Reimagining Global Partnerships, Powering Sustainable Growth.

Hosted by the Bahrain Economic Development Board (Bahrain EDB), the invitation-only forum will explore how shifting dynamics are transforming investment, capital flows, innovation, and economic collaboration across borders. As geopolitical landscapes evolve, energy systems transition, and technological change accelerates, the forum will examine the strategic relationships, connectivity corridors, and emerging opportunities that will define the future of the world economy.

With a combined economy exceeding USD 2.38 trillion, the Gulf Cooperation Council (GCC) has cemented its position as a nexus for capital, talent, and innovation, demonstrating resilience through sustained investment in infrastructure, regional integration, and economic diversification. Serving as a gateway to the region, Bahrain offers a highly connected, business-friendly ecosystem and a diversified economy in which non-oil sectors contribute 86% of GDP, positioning the island nation as a compelling destination for businesses and investors seeking to scale, invest and capture long-term opportunities across one of the world’s most dynamic economic regions.

Together with representatives from Bahrain’s public and private sectors, 200 senior decision-makers will take part in two days of high-level dialogue, executive engagement, and dealmaking. This year’s programme will feature curated networking opportunities, private meetings, and investment showcases designed to foster meaningful partnerships and tangible outcomes. Discussions will explore the evolving landscape of global capital flows and economic connectivity, the Gulf’s expanding role in shaping global growth, the industries defining the next era of competitiveness, and the rise of the intelligence economy. Collectively, these conversations will examine how governments, investors, and businesses can strengthen resilience and unlock new pathways for collaboration in an increasingly interconnected and complex global environment.

Building on its track record as a catalyst for investment and cross-border economic collaboration, the forum has consistently translated dialogue into action, facilitating landmark investment announcements and strategic agreements. The 2025 edition alone generated more than USD 17 billion in announced transactions and investment commitments, reinforcing its role in accelerating capital deployment and contributing to shaping the region’s economic future. Previous editions have welcomed prominent speakers including H.E. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy of the Kingdom of Bahrain; H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB; H.E. Ahmed Al-Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia; H.E. Dr. Thani Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates; Lubna S. Olayan, Chair of the Corporate Board of The Olayan Group; Andrea C. Bonomi, Chairman of the Industrial Advisory Board at Investindustrial; Sir Alastair King, DL, His Majesty’s Lord-Lieutenant of Greater London; Sir Jonathan Symonds CBE, Chair of the Board of GSK; Mohammad Abunayyan, Founder & Chairman of the Board of Directors of ACWA Power; Tony Fernandes, CEO of Capital A Berhad & AirAsia Berhad; Martin Gilbert, Chairman of Revolut; and Gabriel Escarrer, Chairman & CEO of Meliá Hotels International.

SOURCE Bahrain EDB

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