Human-Centric Q&A Platform Emerges as Key AI Data Provider and Community Hub in South Korea
SEOUL, South Korea, April 17, 2025 /PRNewswire/ — Aha Community, a fast-growing online platform in South Korea, is positioning itself as the nation‘s answer to Reddit. The platform enables users to ask questions, share knowledge, vote, and engage in discussions on a wide range of topics with people from diverse backgrounds.
Aha Community Sees Explosive 4,933% Revenue Growth
Founded to foster meaningful dialogue and help users transform knowledge and experience into valuable assets, Aha Community is pioneering a human-centric online community in the age of artificial intelligence. Unlike algorithm-driven platforms, Aha prioritizes people over algorithms as the core of connection and conversation.
Since launching monetization in 2022, Aha Community has experienced explosive revenue growth:
2022: USD 148,000 2023: USD 3.15 million 2024: USD 7.45 million
This marks an extraordinary 4,933% increase over three years, underscoring the platform‘s rapid ascent and market relevance.
Aha‘s revenue streams include premium memberships, advertising, and notably, the sale of Korean language corpus data—a sector showing rapid expansion.
Hanwool Suh, CEO of Aha Community, commented:
“Our Korean language corpus model monetizes human experience by providing AI companies developing large language models (LLMs) with high-quality, real-world conversational data. Aha Community has accumulated millions of authentic questions, answers, and debates, which we are transforming into valuable resources to support the AI revolution.”
Aha Community‘s unique position as both a social platform and a data provider has attracted interest from AI developers, researchers, and investors seeking high-quality, real-world Korean language data. The company‘s commitment to user-driven content and ethical data practices further distinguishes it in a crowded digital landscape.
Looking ahead, Aha Community plans to expand both its online and offline human-centric community initiatives with a clear mission: to become the Reddit of South Korea.
About aha Community
Aha Community is an online platform where users from all walks of life can ask questions, share knowledge, vote, and engage in discussions on diverse topics. Designed to foster meaningful dialogue and help users discover better answers, Aha Community empowers individuals to turn their knowledge and experience into valuable digital assets.
SHANGHAI, CHINA – Media OutReach Newswire – 17 April 2025 – In a bold move to challenge gender bias and celebrate individuality, LUX unveiled its revolutionary ‘Shake For Change’ campaign in China – a first-of-its-kind digital experience that puts the power of transformation into women’s hands. At the heart is a radical, yet deeply personal idea: reclaiming one’s name as a declaration of identity and self-expression.
A name is more than a label but a reflection of who we are and aspire to be. Yet, for countless women in China, their names echo the weight of outdated expectations and ingrained cultural bias. Social listening uncovered deeply troubling stories: names like Zhao Di (“I wish you were a boy”) and Ya Nan (“secondary to man”) reveal a painful legacy of disappointment and inequality.
But Chinese women are speaking out – and they’re being heard.
Across China, women are sharing their stories and calling out the sexism embedded in names never truly theirs, leading to viral conversations and igniting a nationwide movement to challenge the narrative.
Empowering women through the Shake For Change H5 experience To spotlight the pervasive issue and empower women to take control of their identities, LUX created the Shake For Change H5 experience.
Accessible via WeChat, Weibo, and Rednote, this interactive experience spotlights the struggles women face with names that no longer serve them and empower them to take a bold step towards self-expression
How It Works:
Enter Your Current Name – Users enter their given name which carries the weight of cultural expectation or disappointment.
Shake for Inspiration – With a shake of their phone, a bold new name is revealed
Find Your Perfect Fit – Users can continue to shake for more name inspirations or share their favorite with friends and followers.
This is more than just a digital tool—it’s a moment of transformation.
Shake For Change bridges the gap between emotion and action, turning a daunting, bureaucratic process into an empowering journey.
Honoring heritage with New Women’s Font LUX created a dynamic typeface, New Women’s Font, inspired from the historic Nu Shu script to honor the women who pioneered it. Translating to ‘women’s script’, Nu Shu was crafted by women and used in secrecy to express stories of pain, resilience and sisterhood under a patriarchal society.
The New Women’s Font serves as a powerful way to write modern female names, imbuing them with resilience of their foremothers, helping women break free from outdated traditions to boldly rewrite their futures.
Reimagining names with AI Leveraging AI, each name is crafted to maintain a meaningful connection to the individual’s existing name to preserve its personal significance while carrying symbolic meaning.
Judy Zu, Global Brand Director, LUX, said, “Each Chinese character is an alchemy of sound and symbol—the same strokes, rearranged, weave blessings or critiques. At LUX, we believe every woman deserves a name that becomes a mirror to her strength and a compass for her journey. Yet, even today, profound bias still lurks behind many women’s names. That’s why we created Shake For Change: not just to rename, but to reignite.
Because every woman can—and should—sculpt her identity unapologetically. Just as characters transform with every stroke, so can we.”
Amplifying voices through the Rednote Ambassador Program LUX has partnered with influential female voices on Rednote who embraced the transformative journey of Shake For Change firsthand. Through personal narratives, they show how a name can be a turning point. Their stories illuminate a universal truth: when a woman defines herself on her own terms, she unlocks a deeper sense of self-worth and possibility.
Discover the Shake For Change H5 experience and discover your own transformation. Visit LUX’s official pages on WeChat, Weibo, and Rednote to learn more and join a community of women rewriting their futures, one powerful name at a time. Hashtag: #LUX
The issuer is solely responsible for the content of this announcement.
About LUX
LUX has been celebrating beauty and femininity since 1925. We understand that beauty is a woman’s armour, her source of strength. It is hers to express, unapologetically. We will continue to help women everywhere to rise above judgements they face at home, in the workplace and in wider society.
About VML
At VML we exist to inspire growth for ambitious brands. Part creative agency, part consultancy and part technology company, our experts provide end-to-end capabilities at a global scale to deliver inspiration across the entire brand and customer experience.
JV to accelerate business process transformation for enterprises leveraging digital procurement platforms
BENGALURU, India and TOKYO, April 17, 2025 /PRNewswire/ — Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, enhancing Infosys’ presence in Japan. MHI is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense, and has established corporations like Hitachi Ltd., Panasonic Corporation and Pasona.
HIPUS, in which Infosys owns a majority stake, was set up in 2019, to drive high-quality, end-to-end procurement processes along with sourcing and category expertise, leveraging next-generation digital platforms for Japanese corporations.
MHI has been a longstanding customer of HIPUS and has now expanded the collaboration by acquiring a 2 percent stake from Infosys. Through this investment MHI aims to further explore new business opportunities in the region.
Anantha Radhakrishnan, CEO and MD, Infosys BPM, andChairperson, HIPUS Board said, “Japan continues to be a strategic market for Infosys and HIPUS and we have consistently expanded our footprint in the region. This collaboration with MHI reinforces Infosys’ commitment towards building trusted collaboration with customers in Japan and accelerating their digital business process transformation journey. Infosys is excited to welcome Mitsubishi Heavy Industries to HIPUS.”
Isao Miyake, Head, Value Chain Headquarters, Mitsubishi Heavy Industries, said, “In our company’s ongoing efforts to upgrade procurement activities through a data-driven strategy, we expect HIPUS advanced analytics and support to significantly improve procurement operations, enable well informed decision making, and generate greater value across the organization.”
Kiyoshi Asami, CEO and Representative Director, HIPUS, said, “MHI has become an important client for HIPUS receiving a wide range of services. HIPUS is also executing MHI services beyond Japan, leveraging Infosys’ global presence as well as its strong sourcing and procurement services. We are extremely delighted that MHI has decided to invest in HIPUS and we look forward to an impactful collaboration.”
The transaction is expected to close during the first quarter of fiscal year 2026 (i.e. quarter ending June 30, 2025), subject to customary closing conditions.
About Mitsubishi Heavy Industries (MHI) Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com
About HiPUS
HIPUS Co., Ltd. promotes business process transformation and provide total procurement solutions with the procurement know-how cultivated over many years in the Hitachi Group as our business core. Since April 2019, Infosys has become our parent company, and we provide new, cutting-edge services that combine global knowledge and domestic skills in procurement processes, consulting, analytics, Gen AI, and other digital technology services. For more information, please visit https://www.hipus.com.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes 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 the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Acquisition to strengthen energy and commodity trading and risk management (E/CTRM) capabilities for Infosys
BENGALURU, India and HOUSTON, April 17, 2025 /PRNewswire/ — Infosys (NSE, BSE, NYSE: INFY) a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire MRE Consulting Ltd. (‘MRE Consulting’), a technology and business consulting service provider. This strategic investment brings newer capabilities for Infosys in trading and risk management, especially in the energy sector.
Headquartered in Houston, Texas, MRE Consulting will bring a team of over 200 professionals with industry knowledge, consulting and deep technology experience in Energy/Commodity Trading and Risk Management (E/CTRM) platforms and ecosystems. Through decades of successful delivery, MRE Consulting has developed proprietary E/CTRM business process frameworks spanning multiple commodities, transportation modes and business models. These frameworks serve as the foundation for commodity trading projects, accelerating vendor selection, solution design and implementation. MRE brings new clients, and synergies with new buying centers.
Ashiss Kumar Dash, EVP & Global Head – Services, Utilities, Resources, Energy, and Sustainability, Infosys, said, “The world is now shifting towards a more sustainable future. With increasing complexity in integrating diverse sources of energy including renewables, global corporations require innovative solutions to navigate transformation. At Infosys, we are witnessing a significant rise in demand for digital transformation in energy and commodity trading and risk management (E/CTRM). By combining MRE Consulting’s deep E/CTRM capabilities with Infosys’ established leadership in the energy, resources and utilities sector, we are further enhancing our ability to drive value for our clients in this critical area of their business. We are excited to welcome MRE Consulting and its leadership team to the Infosys family.”
MRE Founders, Mike Short, Dru Neikirk and Shane Merz, said, “The opportunities for our clients at the intersection of data, AI, and technology are vast. Beyond strong business synergy, we were seeking a partner who shared our values and mutual respect. By joining with Infosys, we will extend our expertise, deliver new capabilities, and expand beyond our current markets, while scaling what makes MRE special. We are truly excited about this new journey.”
The acquisition is expected to close during the first quarter of fiscal year 2026 (i.e. quarter ending June 30, 2025), subject to customary closing conditions.
About MRE Consulting
Founded in 1994, MRE Consulting provides technology and business consulting services to the Energy & Utilities, Services, and Healthcare industries. MRE specializes in business advisory and digital transformation for Energy/Commodity Trading and Risk Management (E/CTRM). MRE also provides comprehensive solutions across customer engagement, call center optimization, field service, CPQ/pricing, cloud infrastructure and digital workplace and is a Salesforce and Microsoft partner. We are proud to be recognized as a Houston Business Journal Best Places to Work. For more information, please visit www.mre-consulting.com/.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes 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 the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technologicassl disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Los Angeles/Ottawa – Newsaktuell – 17 April 2025 – From dissatisfaction with the Trudeau government to dissatisfaction with Trump’s policies — compounded by general anxiety around tariffs, the economy and a deteriorating relationship with the U.S. — navigating an economic downturn should be an immediate priority for Canada as it heads into a federal election, a new report recommends.
Liberal Leader Mark Carney, shown here campaigning at the Operating Engineers Training Institute of Ontario in Oakville, has rallied Canadians around national unity and is now in a close race against the Conservatives ahead of the federal election on April 28. (Photo by Adrian Wyld/The Canadian Press) – The use of this image for editorial purposes is permitted and free of charge provided that all conditions of use are complied with. Publication must use image credits.
In the long-term, however, it says Canada will need greater economic diversification and regional representation.
“Although it is wealthy by global standards, Canada’s economy faces key vulnerabilities such as excessive reliance on extractive industries, shortages of critical goods like housing and heavy dependence on exports to the U.S.,” states a Canada BGI Report on the country’s governance performance, released a little more than ten days before the April 28 federal election.
The report, based on the Berggruen Governance Index (BGI), was conducted by researchers from the Los Angeles-based Berggruen Institute think tank, the Luskin School of Public Affairs at the University of California Los Angeles (UCLA) and the Hertie School, a German university.
Currently, Canada ranks only 48th on the Economic Complexity Index. “Given its wealth, this is a disproportionately low figure and increasing it should be a top priority,” said the report.
The Berggruen Governance Index (BGI) Project analyzes the relationship between democratic accountability, state capacity and the provision of public goods to develop a deeper understanding of how governments can create a more resilient future for their people.
While Canada scores highly on most measures of the BGI, the report found that Canada’s performance “has been uneven over the last decade” and for many years has failed to address systemic problems.
These problems, however, have been overshadowed by U.S. President Donald Trump.
Until recently, analysts predicted a landslide victory for the Conservatives under Pierre Poilievre, since the Liberals, under former Prime Minister Justin Trudeau, had become deeply unpopular over numerous policy decisions, including immigration.
But the Liberals have “experienced one of the most dramatic electoral turnarounds in recent political history,” according to the Canada BGI Report, attributing the ascension of Trump to the U.S. presidency in January 2025 to this reversal of fortunes.
This reversal also coincided with the resignation of Trudeau and the selection of former Bank of Canada and Bank of England Governor Mark Carney as the new Liberal leader.
“Repeated threats of tariffs and even territorial annexation provoked outrage among Canadians and ignited a surge in patriotic sentiment, to which Poilievre’s defeatist ‘Canada is broken’ rhetoric was particularly ill-suited,” the researchers wrote.
Carney has rallied Canadians around national unity — and managed to solidify a poll swing back to the Liberals. What seemed like an inevitable win for the Conservatives just a few months ago has become a close race to the finish line.
While the Canada BGI Report found that Carney’s vision of “One Canadian Economy” appears to be a politically successful response to the crises Canada faces from the U.S., in the long-run Canada will need to contend with “persistent economic tensions” and “overcome governance challenges that predate both Trump and Trudeau”, the report said.
The BGI scores for state capacity and democratic accountability “trail those of many Western European peers,” according to the report, with institutional accountability falling by seven points from 2000 to 2021.
This indicates disillusionment with Canada’s institutions; researchers found that public trust in government steadily declined throughout the 2010s. “Coupled with eroding faith in democratic institutions and lingering regional tensions, the previous unpopularity of Trudeau’s Liberals appears to reflect systemic issues rather than an anomaly,” according to the Canada BGI Report.
A major flashpoint for Canadians is immigration. Canada has long been a supporter of greater immigration but, by 2024, public sentiment had shifted — helping to propel the Conservatives to the top of the polls. Canada’s international migration surged 15-fold under Trudeau — with the aim of meeting the country’s current labour shortage — but Ottawa started coming under fire for housing inflation.
Canada has one of the highest housing price-to-income ratios in the developed world, according to the OECD. One reason is stagnant homebuilding, with the number of dwellings per 1,000 residents far below the G7 standard. With homeownership rates declining, that has led to increasing backlash toward immigrants and newcomers.
Canada has also struggled with excessive reliance on extractive industries and heavy dependence on exports to the U.S. With current tensions between Canada and the U.S., “reliance on both oil and exports remains a major feature of the country’s economy and has recently been exposed as a geoeconomic vulnerability,” according to the researchers.
However, the persistent challenges of regional representation and limited state capacity “will make it increasingly challenging to enact far-reaching plans for economic integration and greater political sovereignty.”
The report said that addressing these challenges will require investments in state capacity, economic diversification — both sectorally and geographically — and building greater democratic legitimacy through regional inclusion.
Researchers recommend the next government “complete Trudeau’s unfinished goal of introducing a proportional representation system” that includes greater geographic representation and inclusion of First Nations peoples, which will be “critical for increasing legitimacy and national unity.”
Polls now project a Liberal majority in the House of Commons.
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The issuer is solely responsible for the content of this announcement.
MACAO, April 17, 2025 /PRNewswire/ — Sands China celebrated the 10th anniversary of its Local Small, Medium and Micro Suppliers Support Programme Thursday at The Londoner Macao®, followed by the 2025 Sands China Local Supplier Open Day, which was attended by 250 local SMEs.
Guests of honour celebrate the 10th anniversary of Sands China’s Local Small, Medium and Micro Suppliers Support Programme Thursday at The Londoner Macao, followed by the 2025 Sands China Local Supplier Open Day.
Sands China’s Local Small, Medium and Micro Suppliers Support Programme was created in partnership with the Macao Chamber of Commerce in 2015 to increase procurement opportunities for Macao’s SMEs. It targets three types of local businesses: local small and micro suppliers, “Made in Macao” companies and Macao young entrepreneurs. In line with government policies, the programme propels Sands China’s longstanding efforts to support the growth and development of local SME suppliers.
This year, the Sands China Local Supplier Open Day connected local SMEs, including Macao enterprises certified by the DSEDT Technology Enterprise Certification Program, with Sands China procurement representatives – thereby facilitating face-to-face conversations for the potential suppliers to learn about procurement opportunities in various Sands China departments.
Sands China set up several categories of procurement booths for the well-attended event: food and beverage, outside services and logistics, marketing, advertising and printing, technology and gaming products and services, hotel operating supplies and furniture, and facilities and construction. This year’s Open Day added a booth specially for DSEDT-certified Macao technology enterprises to learn about technology-related procurement opportunities. Additionally, a Sands Procurement Academy booth shared information about the academy’s free training programme for SMEs and offered registration on-site.
Grant Chum, chief executive officer and executive director of Sands China Ltd., said: “We are honoured to witness our Local Small, Medium and Micro Suppliers Support Programme celebrating its 10-year milestone with this SME Open Day, as it demonstrates our philosophy of supporting the development of local SME suppliers and fostering their prosperity by providing a high-level, effective platform for them to grow. Over the past 10 years, Sands China has proactively launched various initiatives to support local SMEs and we have consistently adjusted our strategies in response to the latest market changes and demands, putting innovative ideas into practice to achieve mutually beneficial outcomes. We would like to express our gratitude to the Macao SAR government for its longstanding policy guidance, to the Macao Chamber of Commerce for being our key partner and a crucial bridge between us and local commerce, and to all local SMEs for their active participation and support throughout the years – as we all share the impactful achievements of Macao’s development.”
Hoi Lok Man, vice president of the board of directors of the Macao Chamber of Commerce, said: “SMEs are the economic foundation of Macao. The flourishing development of Macao’s local SMEs is one of the city’s ‘golden accesses’ to economic prosperity. Co-launched with Sands China in 2015, the Local Small, Medium and Micro Suppliers Support Programme is a testament to our philosophy of supporting the growth and development of local SMEs, making progress together to achieve our mutual goal. Our support to local SMEs mirrors the adage to ‘teach a man to fish’ and is a microcosm of the solidarity of Macao’s business sectors – demonstrating their collaborative spirit of ‘growth, success, and shared prosperity.’ Our partnership with Sands China has significantly surpassed commercial procurement, in turn becoming an accelerator for Macao’s moderate economic diversification. Let today mark a new beginning in our journey, as Sands China continues to effectively promote the programme with support from all sectors of society – further polishing the ‘golden business card’ of Macao as an international metropolis.”
The officiating guests at Thursday’s event were Yang Yi, deputy director of the Economic Affairs Department of the Liaison Office of the Central People’s Government in the Macao SAR; Yau Yun Wah, director of the Economic and Technological Development Bureau of the Macao SAR Government; Ricky Hoi, acting director of the Macao Government Tourism Office; Victoria Kuan, director-general of the Macau Productivity and Technology Centre; Sanna Leong, manager of the Commerce and Business Development Division of the Macao Trade and Investment Promotion Institute; Hoi Lok Man; Andy Ng, director of the Macao Young Entrepreneur Incubation Centre; Grant Chum; and Charlie Cai, vice president of procurement and sustainability of Sands China Ltd.
The event is one in a series of initiatives and events celebrating the 10th anniversary of Sands China’s Local Small, Medium and Micro Suppliers Support Programme. These include the Rua das Estalagens Team Member Food Fest at The Venetian®Macao, Sands Shopping Carnival, Sands Procurement Academy training programme, Sands Supplier Excellence Awards, and Macao Technological Innovation Exploration tour.
In addition, Sands China will launch a training programme this year to enhance local SMEs’ online marketing capabilities, thereby facilitating digital transformation in their businesses. Through this programme, participants will be equipped with marketing skills for live broadcasting on new media platforms, enriching their knowledge of future trends and the development of live commerce. The company is also fully supporting the “2025 Macau Youth Innovation and Entrepreneurship Competition” to be held in August this year, empowering young people to pursue their entrepreneurial dreams, while injecting innovative elements into local industries in a bid to contribute to Macau’s economic diversification.
Sands China’s supplier support programme aims to meet the needs of Macao’s SMEs through various initiatives. Key among them is the F.I.T. programme, introduced in 2017 to provide Financial Support, Invitational Matching, and Training and Development for suppliers. The success of these efforts has been evident. Sands China recorded a gross procurement amount of MOP 15.2 billion in 2024, 84% of which (MOP 12.8 billion) went to Macao enterprises, including over 4.6 billion to local SMEs.
Sands China’s Local Small, Medium and Micro Suppliers Support Programme is in line with the Macao government’s initiative to “buy local” and demonstrates Sands China’s commitment to supporting local enterprises as part of the company’s corporate social responsibility efforts. It is part of Sands China’s supplier relationship management strategy, which guides the company’s long-standing effort to support local suppliers, whom it views as its strategic partners.
About Sands China Ltd.
Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company’s integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian®Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company’s portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company’s Cotai Strip portfolio has the goal of contributing to Macao’s transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).
Representatives from 250 local SMEs attend Sands China’s Local SME Supplier Open Day Thursday at The Londoner Macao. This year, the event connects local SMEs, including Macao enterprises certified by the DSEDT Technology Enterprise Certification Program, with Sands China procurement representatives – thereby facilitating face-to-face conversations for the potential suppliers to learn about procurement opportunities in various Sands China departments.
Representatives from 250 local SMEs attend Sands China’s Local SME Supplier Open Day Thursday at The Londoner Macao. This year, the event connects local SMEs, including Macao enterprises certified by the DSEDT Technology Enterprise Certification Program, with Sands China procurement representatives – thereby facilitating face-to-face conversations for the potential suppliers to learn about procurement opportunities in various Sands China departments.
A limited-edition capsule collection with Boris Pjanic and REM Scandinavian Watch Straps
STOCKHOLM, April 17, 2025 /PRNewswire/ — Pedral Watches is proud to unveil Watches & Art: The Best of Both Worlds—a rare, design-driven capsule collection that unites the precision of mechanical timekeeping with the expressive depth of contemporary art. This collaboration brings together Pedral Watches, artist and independent watch dealer Boris Pjanic, and the renowned artisanal leathermakers REM Straps.
At the centre of the collection are five unique dials, each derived from an original painting by Boris Pjanic. A respected name in the independent watch scene and a lifelong artist, Boris translates his brushstrokes into highly detailed, 3D-printed dial artworks—preserving texture, nuance, and emotion in sculptural form.
Each timepiece is housed in Pedral’s signature Artefact case, celebrated for its refined 39mm proportions and balanced silhouette. Paired with organically tanned, laser-etched leather straps by REM, each watch becomes a wearable expression of craftsmanship and creativity.
Technical upgrades include a Miyota Cal. 9039 automatic movement, regulated in-house to ±10 seconds/day, diamond-cut skeleton hands with heat-blued accents, and hand-applied indices. These enhancements elevate each piece, blending engineering excellence with artistic intent.
This edition is strictly limited—just 15 pieces per dial, each one individually numbered and unique. Early clients will receive a complimentary pair of bespoke REM straps. All watches come with a 1-year international warranty.
Launch Schedule VIP Pre-Orders Open Easter Sunday, April 20 08:00 — New York (EDT) 14:00 — London (BST) 20:00 — Hong Kong (HKT)
VIP Access Includes:
48-hour early ordering window for subscribers
Complimentary REM strap set for the first 25 clients
Priority delivery before public release
Public Sale Opens April 22 at 16:01 CEST Closes May 4 at 23:00 CEST — or when sold out
Specifications
3D-printed dials based on Boris Pjanic’s original paintings
In-house regulated Miyota Cal. 9039 automatic movement (±10s/day)
Diamond-cut skeleton hands with heat-blued accents
Hand-applied indices and individually numbered casebacks
39mm Stainless steel Artefact case with scratch-resistant coating (11mm thick, 47.5mm lug-to-lug)
Integrated 316L stainless steel bracelet with scratch-resistant coating (HV 1200)
Fully articulating solid links
Push-button clasp with on-the-fly micro-adjustment
Water resistance: 100 meters / 330 feet
Flat sapphire crystal with internal Super-AR coating
Screw-down crown
Laser-etched REM strap matched to each dial
1-year international warranty
Carefully packaged with refined essentials: a strap adapter, artisanal leather travel roll, soft polishing cloth, butterfly clasp, warranty card
The Collection
Boris Blue A soothing tone inspired by Boris’ childhood on the Adriatic coast—fluid, nostalgic, and deeply personal.
Shining Bright Like a Diamond Painted in a single spontaneous session, this dial glows with movement and colour, catching light like a gem.
Driving Home Quiet and contemplative—rooted in 1990s memories of night drives and moments of reflection.
Geometry In Play A dynamic composition balancing freedom and control. Shapes layered with playful, intentional rhythm.
Perpetual Autumn A warm, symbolic meditation on memory and change. Textured, thoughtful, and richly emotional.
About Boris Pjanic
Boris Pjanic is an artist, collector, and independent watch dealer known for his expertise in vintage Rolex and bespoke dial creation. With a dual background in fine art and horology, he brings a rare perspective to this collaboration—fusing visual storytelling with mechanical beauty.
About Pedral Watches
Founded in Stockholm, Pedral Watches creates limited-run mechanical timepieces with a strong focus on design, storytelling, and individuality. Each release is a reflection of artistic identity, made to be worn, collected, and remembered.
About REM Scandinavian Watch Straps
REM Straps is a Swedish maker of handcrafted, organically tanned leather watch straps. Known for their refined aesthetics and attention to detail, they’ve collaborated with collectors, creatives, and respected platforms like Fratello Watches. For this collection, each strap is laser-etched and colour-matched to its dial—designed to echo the artwork it accompanies.
– Highest ever Free Cash Flow at $4.1 billion for FY25 – FY26 revenue guidance at 0%-3% and operating margin at 20%-22%
BENGALURU, India, April 17, 2025 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $19,277 million in FY25 revenues, growth of 4.2% in constant currency. Operating margin was at 21.1%, expansion of 0.5% year on year. Free cash flow was the highest ever at $4,088 million, an increase of 41.8% year on year. TCV of large deal wins was $11.6 billion for the year, with 56% net new.
Q4 revenues were $4,730 million, an increase of 4.8% year on year in constant currency and 3.6% in reported terms. Operating margin was at 21.0%, an increase of 0.9% year on year.
“We have built a resilient organization with sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and dedication of our employees. Our performance for the year has been robust in terms of revenues, expansion in operating margins and highest ever free cash generation”, said Salil Parekh, CEO and MD. “Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients”, he added.
4.2% FY 4.8% Q4 YoY CC Growth
21.1% FY 21.0% Q4 Operating Margin 0.5% Increase in FY
8.3% FY 10.1% Q4 EPS Increase (₹ terms)*
$11.6 Bn FY $2.6 Bn Q4 Large Deal TCV
$4.1 Bn FY $0.9 Bn Q4 Free Cash Flow
Guidance for FY26:
Revenue growth of 0%-3% in constant currency
Operating margin of 20%-22%
Key highlights:
For the quarter ended March 31, 2025
Revenues in CC terms grew by 4.8% YoY and declined by 3.5% QoQ
Reported revenues at $4,730 million, growth of 3.6% YoY
Operating margin at 21.0%, increase of 0.9% YoY and decline of 0.3% QoQ
Basic EPS at $0.20, decline of 15.2% YoY
FCF at $892 million, growth of 5.2% YoY;
FCF conversion at 109.6% of net profit
For the year ended March 31, 2025
Revenues in CC terms grew by 4.2% YoY
Reported revenues at $19,277 million, growth of 3.9% YoY
Operating margin at 21.1%, growth of 0.5% YoY
Basic EPS at $0.76, decline of 0.3% YoY
FCF at $4,088 million, growth of 41.8% YoY;
FCF conversion at 129.3% of net profit
“FY25 operating margins expanded by 0.5% which reflects our relentless focus on identifying opportunities for efficiency and executing Project Maximus with discipline, after navigating through multiple headwinds in a challenging macro environment. We delivered the highest ever free cash flows in the history of the company in FY25,” said Jayesh Sanghrajka, CFO. The Board has proposed a final dividend of `22, which along with the interim dividend, is an increase of 13.2% over last year,” he added.
*EPS Increase post normalization of Income Tax refunds
1. Client wins & Testimonials
Infosys announced the expansion of its long-standing strategic collaboration with Citizens to Propel AI-led Transformation.Michael Ruttledge, Chief Information Officer, Citizens Financial Group, said, “Infosys has been a key strategic collaborator in Citizens’ next-gen transformation program for the last five years. Together, we have not only modernized our technology landscape with domain-centric, cloud native platforms but also built a foundation for future growth aligned with Citizens’ north star technology vision without losing focus on resiliency and stability.”
Infosys announced the expansion of its collaboration with Siemens AG to accelerate Siemens AG digital learning initiatives with generative AI.Jenny Lin, Global Head of Learning & Growth at Siemens AG, said, “A thriving learning and growth environment is essential for Siemens to maintain our competitive edge and foster innovation. By providing our people with the tools, resources, and support they need to continuously develop their skills, we empower our people to meet the challenges of the future. Infosys’ expertise in digital transformation and AI is very valuable in creating a more engaging and effective learning experience for everyone. By leveraging GenAI on Siemens’ digital learning platform we can foster a culture of lifelong learning and empower our teams to reach their full potential.”
Infosys announced a strategic, long-term collaboration with Lufthansa Group (LHG) and Lufthansa Systems GmbH (LSY) to accelerate digital transformation and drive innovation in the aviation industry.Thomas Wittmann – CEO, Lufthansa Systems, said, “At Lufthansa Systems, we champion a modular approach to solutions and collaborations, ensuring adaptability and tailoring to the unique needs of each airline. This principle extends perfectly to our collaboration with Infosys. By combining our deep aviation expertise with Infosys’s global technology prowess and establishing a dedicated Global Capability Center (GCC), we are not only enhancing our one-stop-shop offerings but also accelerating the pace of digital innovation across the aviation industry. This collaboration empowers us to deliver cutting-edge solutions with greater agility and scale, ultimately benefiting our airline customers with more efficient, innovative, and cost-effective technologies.”
Infosys announced a successful collaboration with LKQ Europe to adopt a unified, cloud-based digital platform to streamline its HR processes across 18 countries, leveraging Infosys Cobalt.David Brookfield, Vice President, Human Resources, LKQ Europe, said, “Our collaboration with Infosys is a crucial step in helping us harmonize and simplify our wider business processes – ultimately enabling faster delivery and better service for our end customers. Through the platform, we will unify our HR processes across locations to drive efficiency and enhance regulatory compliance. Looking ahead, we believe this platform will empower our workforce and foster a more cohesive organizational culture, enabling us to continue leading the automotive aftermarket industry.”
Infosys announced the launch of its open-source Responsible AI Toolkit designed to help enterprises innovate responsibly while addressing the challenges and risks associated with ethical AI adoption. Sunil Abraham, Public Policy Director – Data Economy and Emerging Tech, Meta, said, “We congratulate Infosys on launching an openly available Responsible AI Toolkit, which will contribute to advancing safe and responsible AI through open innovation. Open-source code and open datasets is essential to empower a broad spectrum of AI innovators, builders, and adopters with the information and tools needed to harness the advancements in ways that prioritize safety, diversity, economic opportunity and benefits to all.”
Infosys announced a strategic collaboration with Ontex Group N.V. to drive their ERP transformation. Jeroen Dejonckheere, VP Business Transformation, Ontex, said “We are excited to collaborate with Infosys on our business transformation journey for modernising our ERP systems to SAP S/4HANA. We also look forward to leveraging Infosys Topaz and embrace the power of AI for our enterprise growth. This will be a significant step forward for us to deliver exceptional experiences for our employees, suppliers, and customers.”
2. Recognitions & Awards
Brand
Recognized as one of the World’s Most Ethical Companies in 2025 for the fifth consecutive year by Ethisphere
Recognized as the Global Top Employer 2025 for the fifth consecutive year by the Top Employers Institute
Recognized as a Top 3 IT services brand and the fastest growing IT services brand globally in the Brand Finance Global 500 2025 report
Featured in 2025 LinkedIn’s Top Companies list in India, US, and Canada
AI and Cloud Services
Positioned as a leader in The Forrester Wave™: Application Modernization and Multicloud Managed Services, Q1 2025
Rated as a leader in IDC MarketScape: EMEA Industry Cloud Professional Services 2024-2025 Vendor Assessment
Recognized as leader in ISG Intelligent Automation – Services 2024 Provider lens™ study in US and Europe
Recognized as leader in ISG Advanced Analytics and AI Services 2024 Provider lens™ study in US and Europe
Recognized as leader in ISG Oracle Cloud and Technology Ecosystem 2024 Provider lens™ study in US, APAC and Europe
Key Digital Services
Positioned as a leader in The Forrester Wave™: Modern Application Development Services, Q1 2025
Rated as a leader in Custom Application Development Services PEAK Matrix® Assessment 2025 by Everest Group
Rated as a leader in Application Management Services PEAK Matrix® Assessment 2025 by Everest Group
Rated as a leader in SAP Business Application Services PEAK Matrix® Assessment 2025 by Everest Group
Rated as a leader in IDC MarketScape: Worldwide SAP Implementation Services 2025 Vendor Assessment
Rated as a leader in IDC MarketScape: Worldwide IIoT Engineering and Managed Services
Rated as a leader in IDC MarketScape: Worldwide IIoT Consulting and Integration Services
Recognized as a leader in HFS Horizons: Salesforce Services, 2025
Recognized as a leader in HFS Horizons: Generative Enterprise Services, 2025
Recognized as a leader in Cognitive & Self-Healing IT Infrastructure Management Solutions 2025 by NelsonHall
Positioned as a leader in Constellation ShortList™: Cybersecurity Services
Positioned as a leader in Constellation ShortList™: Innovation Services and Engineering
Positioned as a leader in Constellation ShortList™: Microsoft End-to-End Service Providers
Positioned as a leader in Constellation ShortList™: QA Tools for NextGen Apps
Recognized as leader in ISG Mainframe Services 2025 Provider lens™ study in US, Europe, and US Public Services
Positioned as a leader in CapioIT APAC Salesforce SI and Solutions Providers Ecosystem Capture Share Report, 2025
Industry & Solutions
Recognized as a leader in HFS Horizons: Telecom Service Providers, 2025
Recognized as a leader in Core Banking Services 2025 by NelsonHall
Recognized as leader in ISG Oil & Gas Industry – Services and Solutions 2024 Provider lens™ study in Europe and North America
Recognized as leader in ISG Healthcare Digital Services 2024 ISG Provider lens™ study in US
Recognized as leader in ISG Insurance Services 2024 Provider lens™ study in North America, ANZ and Europe
Recognized as leader in ISG Telecom, Media & Entertainment Industry Services 2024 Provider lens™ study in EMEA
Recognized as leader in ISG Manufacturing Industry Services 2024 Provider lens™ study in North America and Europe
Recognized as leader in ISG Sustainability and ESG 2024 Provider lens™ study in Australia, US and Europe
Recognized as leader in ISG Power & Utilities Services 2024 Provider lens™ study in North America, Europe and APAC
Infosys Finacle received the Technology & Innovation Award under the Best Solution for Trade & Supply Chain category at the TMI Awards for Innovation & Excellence – 2024
Infosys Finacle alongside its clients Newcastle Permanent (NP), Union Bank of Philippines, and Axis Bank received recognition at the Retail Banker International Asia Trailblazer Awards 2025 for Best Partnership for Customer Experience (with NP), Best Open Banking Initiative (with Union Bank of Philippines), and Best Strategic Partnership (with Axis Bank)
Infosys Finacle alongside its clients Zand Bank, Emirates NBD, Union Bank of Philippines, and Arab National Bank received recognition at the Global Business Magazine Winners 2025 for Best Digital-First Bank UAE 2025 (Zand Bank), Best Cloud-Based Core Banking Implementation Saudi Arabia 2025 (Emirates NBD), Best Customer Experience Innovation Philippines 2025 (Union Bank of Philippines), and Outstanding Digital Banking Transformation Saudi Arabia 2025 (Arab National Bank)
Infosys Finacle recognized as a leader in the 2025 Gartner® Magic Quadrant™ for Retail Core Banking Systems, Europe
Infosys BPM received the SSON North America Impact Awards 2025 with T-Mobile in the ‘Customer Centricity’ category
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, our future financial or operating performance, the McCamish cybersecurity incident are forward looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes 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 the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid working model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, the amount of any additional costs, including indemnities or damages or claims, resulting directly or indirectly from the McCamish cybersecurity incident and the outcome and effect of related litigation. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at https://www.sec.gov/. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Infosys Limited and subsidiaries Extracted from the Condensed Consolidated Balance Sheet under IFRS as at: (Dollars in millions)
March 31, 2025
March 31, 2024
ASSETS
Current assets
Cash and cash equivalents
2,861
1,773
Current investments
1,460
1,548
Trade receivables
3,645
3,620
Unbilled revenue
1,503
1,531
Other current assets
1,890
2,250
Total current assets
11,359
10,722
Non-current assets
Property, plant and equipment and Right-of-use assets
2,235
2,323
Goodwill and other Intangible assets
1,505
1,042
Non-current investments
1,294
1,404
Unbilled revenue
261
213
Other non-current assets
765
819
Total non-current assets
6,060
5,801
Total assets
17,419
16,523
LIABILITIES AND EQUITY
Current liabilities
Trade payables
487
474
Unearned revenue
994
880
Employee benefit obligations
340
314
Other current liabilities and provisions
3,191
2,983
Total current liabilities
5,012
4,651
Non-current liabilities
Lease liabilities
675
767
Other non-current liabilities
477
500
Total non-current liabilities
1,152
1,267
Total liabilities
6,164
5,918
Total equity attributable to equity holders of the company
11,205
10,559
Non-controlling interests
50
46
Total equity
11,255
10,605
Total liabilities and equity
17,419
16,523
Extracted from the Condensed Consolidated statement of Comprehensive Income under IFRS for
(Dollars in millions except per equity share data)
3 months ended March 31, 2025
3 months ended March 31, 2024
3 months ended March 31, 2024
Year ended March 31, 2024
Revenues
4,730
4,564
19,277
18,562
Cost of sales
3,302
3,219
13,405
12,975
Gross profit
1,428
1,345
5,872
5,587
Operating expenses:
Selling and marketing expenses
226
209
898
842
Administrative expenses
210
219
903
911
Total operating expenses
436
428
1,801
1,753
Operating profit
992
917
4,071
3,834
Other income, net (3) (4)
125
315
376
512
Profit before income taxes
1,117
1,232
4,447
4,346
Income tax expense (4)
303
273
1,285
1,177
Net profit (before minority interest)
814
959
3,162
3,169
Net profit (after minority interest)
813
958
3,158
3,167
Basic EPS ($) (4)
0.2
0.23
0.76
0.77
Diluted EPS ($) (4)
0.2
0.23
0.76
0.76
NOTES:
The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter and year ended March 31, 2025, which have been taken on record at the Board meeting held on April 17, 2025.
A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.
Other income is net of Finance Cost.
Includes interest income (pre-tax) of $38Mn with reversal of net tax provisions amounting to $12Mn in FY’25 and interest income (pre-tax) of $232Mn with reversal of net tax provisions amounting to $5Mn in FY’24 on account of orders received under sections 250 & 254 of the Income Tax Act, 1961, from the Income Tax Authorities in India for certain assessment years. This has resulted in a positive impact on the consolidated Basic and Diluted EPS by approximately $0.01 for the quarter and year ended March 31, 2025 and $0.06 for the quarter and year ended March 31, 2024.
As the quarter and year ended figures are taken from the source and rounded to the nearest digits, the quarter figures in this statement added up to the figures reported for the previous quarter might not always add up to the year ended figures reported in this statement.