Infosys and LogicMonitor Collaborate to Transform Business Performance and Reliability of IT Operations
BENGALURU, India and SANTA BARBARA, Calif., May 21, 2025 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next generation digital services and consulting, today announced its strategic collaboration with LogicMonitor, a leading SaaS-based hybrid observability platform powered by artificial intelligence (AI). By combining Infosys AIOps Insights, part of Infosys Cobalt cloud offering, with LogicMonitor's Edwin AI, the collaboration seeks to enhance the observability of IT operations, improving performance, reliability and customer experience across complex systems.
Together, these offerings of Infosys and LogicMonitor aim to reduce problem diagnosis and resolution time by up to 30%, minimize redundant alerts by up to 70%, and provide comprehensive visibility across IT environments. They also deliver persona-based insights, improving forecasting and empowering proactive IT resolutions and business decisions.
Michael Tarbet, Global Vice President, MSP & Channel, LogicMonitor, said, "As enterprises navigate increasingly complex IT environments that span on-premises, multi-cloud, and critical devices, the need for a unified, hybrid observability platform powered by AI has never been greater. Through our collaboration with Infosys, we aim to address these challenges and deliver transformative observability solutions to global enterprises. By integrating LogicMonitor's Edwin AI with Infosys' AIOps Insights, we are helping enterprises achieve operational excellence, reduce costs, and ensure IT resilience."
Patrick Atkins, Director - IT Operations, Sally Beauty Holdings, Inc, said, "We are pleased with the progress we are making with the LogicMonitor platform. By increasing proactive issue detection capabilities and noise reduction by 40%, we have minimized downtime and improved overall operational efficiency, directly impacting business continuity and performance. Infosys' commitment to driving these improvements is instrumental in strengthening our IT ecosystem, and we look forward to further advancements that support our journey toward operational excellence and sustained stability."
Anant Adya, EVP and Service Offering Head, Infosys, said, "We are proud to collaborate with LogicMonitor to redefine the observability landscape. With our expertise in AI-driven insights and proven methodologies leveraging Infosys Cobalt, this alliance helps our customers make informed business decisions while unlocking innovation across the ecosystem. Together, we are equipping enterprises with the tools they need to stay ahead in an increasingly complex IT environment."
About LogicMonitor
LogicMonitor® offers hybrid observability powered by AI. The company's SaaS-based platform, LM Envision, enables observability across on-prem and multi-cloud environments. A Visionary on the 2024 Gartner Magic Quadrant for Observability, LogicMonitor provides IT and business teams operational visibility and predictability across their technologies and applications to focus less on troubleshooting and more on delivering extraordinary employee and customer experiences. For more information, visit www.logicmonitor.com and our blog, or follow us on LinkedIn, X, Facebook, and YouTube.
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.
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Cision Canada
3 days ago
- Cision Canada
LUCARA ANNOUNCES Q2 2025 RESULTS
VANCOUVER, BC, Aug. 8, 2025 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq FNGM: LUC) PDF Version Lucara Diamond Corp. ("Lucara" or the "Company") today reports its results for the quarter ended June 30, 2025. All amounts are in U.S. dollars unless otherwise noted. View PDF Q2 2025 HIGHLIGHTS In Q2 2025, the Company's revenue increased to $43.7 million from $41.3 million in Q2 2024, primarily due to the sale of a 1,094 carat diamond (the "Seriti") sold to HB for an initial polished value of $12.0 million. The final sale value of the Seriti will be determined once the polished outcomes are sold to end buyers. In July 2025, the Company recovered a 2,036 carat near-gem diamond. The stone was recovered from processing EM/PK(S) 1 kimberlite and is the third largest rough diamond ever unearthed and the second largest rough diamond to be recovered in Botswana. The EM/PK(S) material which is the target of the UGP has now produced seven of the world's largest recorded natural diamond recoveries. The recovery of 242 Specials (defined as rough diamonds larger than 10.8 carats) (Q2 2024: 206 Specials) equated to 9.4% (Q2 2024: 6.9%) by weight of the total carats recovered from direct ore feed in Q2 2025. During Q2 2025, the Company recovered 15 stones over 100 carats, including two stones that exceeded 200 carats. A total of 85,024 carats were recovered in Q2 2025; 82,555 carats were from direct ore feed from the pit and stockpiles, at a recovered grade of 12.5 carats per hundred tonnes ("cpht"), and an additional 2,469 carats were recovered from processing of historical recovery tailings. During Q2 2025, the Company successfully funded the Cost Overrun Reserve Account ("CORA") to the required balance of $61.7 million. Following the funding of the CORA, the lenders approved the withdrawal of $28.0 million from the CORA in exchange for the Company's largest shareholder, Nemesia S.à.r.l. ("Nemesia"), agreeing to extend until project completion its $28.0 million shareholder standby undertaking in support of liquidity shortfalls. Operational highlights from the Karowe Mine included: Ore mined of 0.7 million tonnes ("Mt") (Q2 2024: 0.7 Mt). 0.7 Mt of ore processed (Q2 2024: 0.7 Mt). Financial highlights for Q2 2025 included: Operating margins of 65% were achieved, a 2% decrease from operating margins of 67% in Q2 2024. The decrease in operating margins was driven by a 6% increase in revenue and a 12% increase in operating expenses, which reflects the cost of inventory sold during the period. Operating cost per tonne processed was $26.76 per tonne, a 2% increase compared to the Q2 2024 operating cost of $26.32 per tonne. The continued impact of inflationary pressures, particularly labour, has been well managed by the operation. Operating cost per tonne processed is a non-IFRS measure. Cash position and liquidity as at June 30, 2025: Cash balance of $22.7 million. $190.0 million has been fully drawn from the project finance facility ("Project Facility") for the Karowe underground project (the "UGP"), along with $30.0 million fully drawn from the working capital facility ("WCF" and together with the Project Facility, the "Facilities"). Working capital deficit (current assets less current liabilities) of $156.4 million due to the classification of the Project Facility as a current liability. Refer to discussion under the heading Going Concern for further details. Excluding the Project Facility from current liabilities, positive working capital balance of $33.7 million. _______________________ 1 EM/PK(S): Eastern Magmatic/Pyroclastic Kimberlite (South) William Lamb, President & CEO commented: "The Karowe Diamond Mine continues to validate its world-class status with the recovery of a second diamond exceeding 2,000 carats. The continued and consistent recovery of Specials reflects not only the quality of the Karowe asset but also reflects the strength of our operational team, amid a complex and ever-changing global environment. Progress on the Karowe underground project remains strong, with advancements in shaft sinking, station development, and lateral development as planned. We are delighted to recognize over 2,000 days lost-time injury free on the UGP in July, as well as the completion of the final sinking blast in the production shaft. As we transition from open-pit to underground operations, we remain focused on disciplined execution and strategic resource management, specifically as we will rely largely on lower-value stockpiled material prior to the UGP coming online. As we navigate this critical transition, we maintain focus on our commitment to recovering maximum value. We recognize that realizing the full potential of our underground resource will involve navigating both the operational and financial complexities ahead." GOING CONCERN As of the date of this news release, the Company is completing a review of the UGP ore extraction methodology and is currently updating its geomechanics studies, as well as updating its project cost and schedule. Due to the timing of this review, the Company did not satisfy the requirement to deliver an approved financial model for the UGP to its lenders by June 30, 2025 ("Financial Model Covenant"). The Company failed to cure its non-compliance with this Financial Model Covenant within the 30-day cure period. As a result, as required under IFRS Accounting Standards, the entire amount due under the Facilities is classified as a current liability. As of the date of this news release, the lenders have not demanded early repayment of the Facilities. Management is actively working with the lenders to remedy the default. If the Company receives a waiver for the covenant breaches from the lenders, the Project Facility would be classified as a non-current liability in future periods. The Company's UGP review has not impacted ongoing operations or the development of the UGP which continues to progress as planned. The Company currently has access to up to $96.7 million of additional cash liquidity, being shareholder undertakings of $63.0 million and, subject to lender's approval, the remaining cash in the CORA of $33.7 million. These funds may be drawn for the UGP subject to certain conditions in the Facilities. Management has assessed the Company's ability to continue as a going concern for at least twelve months from June 30, 2025. Based on this assessment, including the non-financial covenant breaches and impact of revisions to revenue guidance for 2025, the Company estimates that its working capital as at June 30, 2025, cash flow from operations, and other committed sources of liquidity will not be sufficient to meet its obligations, commitments, and planned expenditures. These conditions cast doubt on the Company's ability to continue as a going concern. The Interim Financial Statements have been prepared on a going concern basis which assumes the Company will continue operations, realize assets, and settle its liabilities as they become due. The Company continues to develop plans to raise additional financing required for UGP completion. While the Company has previously been successful in raising financing, future fundraising efforts may not succeed or may fall short of the required amounts. DIAMOND MARKET The long-term outlook for natural diamond prices remains cautious as the market continues to navigate structural shifts. Prices of lab-grown diamonds have continued to decrease in 2025 with production outweighing demand. Global natural diamond production is forecasted to decrease, following significant production guidance cuts by the major diamond producers. In the near term, premium-grade natural diamonds are showing renewed strength, supported by limited global supply growth and strong performance at international trade shows. However, mid-range and lower-grade stones continue to face pricing pressure due to high inventories, cautious consumer sentiment, and the rapid rise of lab-grown diamonds. Encouraging sign are emerging in the recovery of the Chinese diamond market, which, if remain consistent, will support improved demand dynamics in the quarters ahead. KAROWE UNDERGROUND PROJECT UPDATE The UGP is designed to access the highest value portion of the Karowe orebody, with initial underground carat production predominantly from the EM/PK(S) unit. The Company is currently reviewing its UGP mining ore extraction methodology, project costs and schedule. The UGP has progressed very well including reaching the bottom of the production shaft in late July 2025 and achieving 2,000 lost-time injury free days. The ore extraction review has focused on further understanding the orebody geomechanics and modeling possible caving scenarios to safely recover ore from the UGP. This review has included producing a new geomechanics numerical model along with performing caving simulations, which affect ore extraction levels and extraction point designs. The Company has initiated detail engineering of the lateral development portion of the UGP and is currently completing a revised life of mine plan based on the results of the simulation work. The mine extraction review does not impact the current UGP development. The Company continues to advance as planned to the lateral development phase of the project. UGP development work continues with equipping the production shaft, commissioning of the shaft conveyances and progressing with its underground infrastructure development near the shafts. Additional lateral development towards the kimberlite is also planned for H2 2025. During Q2 2025, the UGP achieved a twelve-month rolling Total Recordable Injury Frequency Rate of 0.49. The UGP to date Total Recordable Injury Frequency Rate up to June 30, 2025 was 0.55. A total of $13.6 million was spent on the UGP in Q2 2025 primarily for activities related to the skip loading pocket at the 285-level 2, station development on the 335-level and 310-level, additional lateral developments and surface infrastructure. Ventilation shaft Q2 2025 developments: Completed 335-level station development and sunk towards 310-level. Completed the bulk excavation on the top of the Fine Ore Bins. Completed 66 metres of lateral development. Production shaft Q2 2025 developments: Completed 285-level station development. Continued with the development of the 310-level ramp and 240-level ramp breakaways to the production shaft bottom. Completed skip loading pocket excavation and 153 metres of lateral development. Related infrastructure Q2 2025 developments: Continued adjudication and review of underground lateral development tender documents. Progressed construction of the Man and Material ("M&M") winder. Completed construction of the M&M winder building and winder driver's cabin. Continued with rack and cable installations in the M&M winder building. Completed construction and lining of the water management pond and commissioned the water blending circuit. Advanced mining engineering, focusing on underground infrastructure and finalizing drilling level plans. Activities planned for the UGP in Q3 2025 include the following: Ventilation shaft: Continue with the 310-level station development. Lateral development to connect with the production shaft. Commence sinking to 285-level. Production shaft: FINANCIAL HIGHLIGHTS – Q2 2025 QUARTERLY SALES RESULTS Three months ended June 30, Six months ended June 30, In millions of U.S. dollars 2025 2024 2025 2024 Sales Channel HB $ 34.0 $ 29.5 $ 53.2 $ 52.8 Tender 1.9 2.6 3.7 5.8 Clara 7.8 9.2 17.1 22.2 Total Revenue $ 43.7 $ 41.3 $ 74.0 $ 80.8 Diamond Sales For the three months ended June 30, 2025, the Company recognized revenue of $34.0 million from HB, compared to $29.5 million for the same period in 2024. Revenue from HB accounted for 78% of total revenue recognized in Q2 2025, up from 72% in Q2 2024. This revenue includes "top-up" and "top-down" payments, which are made to the Company when the final polished diamond sales price differs from the estimated initial polished value. HB revenue increased in Q2 2025 due to a higher volume of carats sold. As of June 30, 2025, the Company had $17.5 million in current trade receivables from HB. For the three months ended June 30, 2025, tender sales totaled $7.8 million, compared to $9.2 million in Q2 2024, while Clara sales totaled $1.9 million, down from $2.6 million in Q2 2024. Overall, a lower volume of carats were sold through both the Clara platform and tender compared to Q2 2024 and both sales channels had lower average dollar-per-carat sales values compared to 2024. (*) Carats per hundred tonnes (1) Average grade processed and carats recovered are from direct processing and excludes carats recovered from re-processing historical recovery tailings. (2) Excludes qualifying borrowing cost capitalized. 2025 OUTLOOK This section of the news release provides management's production and cost estimates for 2025. These are "forward-looking statements" and subject to the cautionary note regarding the risks associated with such statements. In Q1 2025, diamond revenue, diamond sales, and diamonds recovered from the 2025 guidance news release dated December 3, 2024. During Q2 2025, the Company mined and will continue to mine for the remainder of the year a higher proportion of M/PK(S) 3 ore and less higher-grade EM/PK(S) ore than initially planned due to a difference in the location of the contact between the two kimberlites when compared to the geologic model used to set the initial 2025 guidance. This results in lower EM/PK(S) milled tonnes which have historically produced higher volumes of larger, higher quality diamonds and decreases expected revenue for the remaining life of the open pit. The revised 2025 revenue guidance excludes the sale of the 2,488 carat Motswedi. (1) Operating cash costs are a non-IFRS measure. See " Non-IFRS Measures". The table above reflects the natural variability in the resource, including both recovered grade and diamond quality, which may influence the revenue guidance for 2025. In 2025, the Company expects to mine between 1.8 and 2.2 million ore tonnes including waste. Mined ore will be processed in combination with stockpiled material in 2025. The assumptions for carats recovered and sold as well as the number of ore tonnes processed are consistent with achieved plant performance in recent years. Stockpiled material (North, Centre, South Lobe) from working stockpiles and life-of-mine stockpiles should provide mill feed until 2027 when UGP development ore is scheduled to start offsetting stockpiles with high-grade ore from the UGP. Full scale underground production is planned for H1 2028. In 2025, capital costs for the UGP are expected to be up to $95 million, revised downward during the second quarter from the previous guidance of up to $115 million. The deferral of capital expenditures reflects strategic cash flow management and does not impact the ongoing operations or planned development activities of the UGP. Expenditures in 2025 will focus predominantly on shaft sinking activities to final depth, equipping of the production shaft and station development. Surface works will focus on permanent winders being installed and cold commissioned. Tendering of the underground lateral development contract along with underground equipment purchases are also expected to be completed in 2025. Sustaining capital is expected to be up to $13 million with a focus on the replacement and refurbishment of key asset components, in addition to expansion of the tailings storage facility and pit steepening activities which could extend the mine's ability to extract South Lobe material from the pit in 2025. On behalf of the Board, William Lamb President and Chief Executive Officer Follow Lucara Diamond on Facebook, Instagram and LinkedIn ___________________ 3 M/PK(S): Magmatic/Pyroclastic Kimberlite (South) ABOUT LUCARA Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company's operations and development activities. Lucara has an experienced board and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations. Lucara is certified by the Responsible Jewellery Council, complies with the Kimberley Process, and has adopted the IFC Performance Standards and the World Bank Group's Environmental, Health and Safety Guidelines for Mining (2007). The development of the UGP adheres to the Equator Principles. Lucara is committed to upholding high standards while striving to deliver long-term economic benefits to Botswana and the communities in which the Company operates. The information in this release is subject to the disclosure requirements of Lucara pursuant to the EU Market Abuse Regulation. The Company's certified adviser on the Nasdaq First North Growth Market is Bergs Securities AB, [email protected], +46 739 49 62 50. This information was submitted for publication, through the agency of the contact person set out above, on August 8, 2025, at 2:00 p.m. Pacific Time. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS Certain statements made in this news release contain "forward-looking information" and "forward-looking statements" as defined in applicable securities laws. Generally, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance and often (but not always) using forward-looking terminology such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "budgets", "scheduled", "forecasts", "assumes", "intends", "strategy", "goals", "objectives", "potential", "possible" or variations thereof or stating that certain actions, events, conditions or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking information and forward-looking statements may include, but are not limited to, information or statements with respect to the Company's ability to continue as a going concern, the Company's ability to continue operations, realize assets, and settle its liabilities as they become due, the project schedule and capital costs for the UGP, diamond sales, projection and outlook disclosure under "2025 Outlook", the Company's ability to meet its obligations under the Rebase Amendments with its Lenders, the impact of supply and demand of rough or polished diamonds, estimated capital costs, future forecasts of revenue and variable consideration in determining revenue, the impact of the HB and Clara sales arrangements on the Company's projected revenue and sales channels and HB's ability to meet its payment obligations to the Company, the outcome of tax assessments and the likelihood of recoverability of tax payments made, estimation of mineral resources including the determination of the boundary between South Lobe M/PK(S) and EM/PK(S) domains due to the significant grade difference between these two domains, cost and timing of the development of deposits and estimated future production, interest rates, including expectations regarding the impact of market interest rates on future cash flows and the fair value of derivative financial instruments, currency exchange rates, rates of inflation, credit risk, price risk, requirements for and availability of additional capital, capital expenditures, operating costs, production and cost estimates, tax rates, timing of drill programs, government regulation of operations, environmental risks and the Company's ability to comply with all environmental regulations, reclamation expenses, title matters including disputes or claims, limitations on insurance coverage, and the potential impacts of economic and geopolitical risks, including potential impacts from the ongoing world conflicts, and the resulting indirect economic impacts that strict economic sanctions may have. While these factors and assumptions are considered reasonable by the Company as at the date of this news release in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information and undue reliance should not be placed on such information. Such factors include, but are not limited to: the timing, scope and cost of additional grouting events at the UGP, the Company's ability to comply with the terms of the Facilities which are required to construct the UGP, the impact of the Non-Financial Covenant Breaches, and any associated consequences, on the Company's business, whether the Lenders will demand payment of the Facilities because of the Non-Financial Covenant Breaches, that expected cash flow from operations, combined with external financing will be sufficient to complete construction of the UGP, that the estimated timelines to achieve mine ramp up and full production from the UGP can be achieved, that sufficient stockpiled ore of sufficient grade and value will be available to generate revenue prior to the achievement of commercial production of the Karowe underground mine, the economic potential of a mineralized area, the size and tonnage of a mineralized area, anticipated sample grades or bulk sample diamond content, expectations that the UGP and the pit steepening project will extend mine life, forecasts of additional revenues, future production activity, that depletion and amortization expense on assets will be affected by both the volume of carats recovered in any given period and the reserves that are expected to be recovered, the future price and demand for, and supply of, diamonds, expectations regarding the scheduling of activities for the UGP. Forward-looking information and statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to several known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements due to a variety of risks, uncertainties, and other factors, including, without limitation, those referred to in this news release. The foregoing is not exhaustive of the factors that may affect any of our forward-looking statements. The Company believes that expectations reflected in this forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct. Certain risks which could impact the Company are discussed under the heading "Risks and Uncertainties" in the Company's most recent MD&A and in the Company's most recent Annual Information Form available at SEDAR+ at Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers and investors should not place undue reliance on forward-looking statements. Forward-looking information and statements contained in this news release are made as of the date of this news release and accordingly are subject to change after such date. Except as required by law, the Company disclaims any obligation to revise any forward-looking information and statements to reflect events or circumstances after the date of such information and statements. All forward-looking information and statements contained or incorporated by reference in this news release are qualified by the foregoing cautionary statements.
Cision Canada
31-07-2025
- Cision Canada
Cyient, Zinier Announce Strategic Partnership to Accelerate Field Service Transformation
HYDERABAD, India, July 31, 2025 /CNW/ -- Cyient Limited, a global Intelligent Engineering solutions company, and Zinier, a leading provider of AI-powered Field Service Management (FSM) software, have announced a strategic go-to-market partnership to deliver rapid, scalable field service transformation for asset-intensive industries. This partnership combines Cyient's deep implementation and systems integration expertise with Zinier's intelligent, no-code FSM platform, creating a powerful combination that enables clients to modernize field operations and drive faster time-to-value. Under this partnership, Zinier brings its highly configurable FSM platform—designed for intelligent scheduling, mobile-first field execution, predictive maintenance, and rapid no-code workflow customization. Cyient complements this with decades of domain expertise in FSM consulting and proven capabilities in integrating GIS, ERP, EAM, and IoT platforms. Together, both companies aim to help enterprises in telecommunications, utilities, and energy optimize field operations, enhance service agility, and accelerate their digital transformation journeys. "Channel partnerships are fundamental to continue Zinier's global expansion, particularly as we accelerate growth across EMEA and APAC markets," said Prateek Chakravarty, CEO of Zinier. "Cyient's deep regional expertise and proven track record in asset-intensive industries enables us to deliver faster, more effective implementations that drive real business outcomes for our customers," he added. The joint go-to-market approach ensures end-to-end FSM modernization, from process design and data readiness to deployment, integration, and long-term support. "Zinier's AI-driven FSM platform aligns seamlessly with Cyient's commitment to driving measurable digital transformation for our clients," said Prabhakar Shetty, Senior Vice President & Head Utilities & Geospatial Business, Cyient. "By combining our deep domain expertise with Zinier's intelligent automation capabilities, we are empowering enterprises to build smarter, more agile, and future-ready field operations that can scale with evolving industry demands," he added. The partnership is expected to accelerate digital transformation initiatives across key infrastructure industries, helping organizations unlock new levels of efficiency, visibility, and customer satisfaction. About Zinier Zinier delivers a complete field service management platform with enterprise-grade modules ready out of the box - allowing our customers to manage their assets, customers and mobile workforce. What makes Zinier unique: the same low-code/no-code tools that built these modules are available to customers for unlimited configuration. Trusted by global leaders like Virgin Media O2, Vodafone and Naturgy, Zinier transforms complex field operations by combining immediate deployment with unprecedented flexibility. About Cyient Cyient (Estd: 1991, NSE: CYIENT) delivers intelligent engineering solutions across products, plants, and networks for over 300 global customers, including 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, and environmentally sustainable tomorrow together with our stakeholders.
The Province
30-07-2025
- The Province
Australia lifts 22-year ban on Canadian beef after herds declared free of 'mad cow disease'
Australia lifted a similar ban on U.S. beef imports last week Australia has lifted its ban on Canadian beef 22 years after mad cow disease was confirmed in Canadian beef cows. In 2021, Canada was officially recognized by the World Organisation of Animal Health as having negligible risk for BSE. Photo by JEFF MCINTOSH / THE CANADIAN PRESS The Australian market for Canadian beef has reopened after that country lifted a 22-year-old ban on Canada's beef products, according to the Canadian Food Inspection Agency (CFIA). This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Australia lifted a similar ban on U.S. beef imports last week, according to Reuters News Agency. Regaining access to the Australian market offers economic potential for Canadian farmers and processors, says the CFIA. 'By opening access to premium markets like Australia, Canadian producers can increase exports, generating new revenue streams.' The door to the Australian market was closed in 2003, due to the discovery of bovine spongiform encephalopathy (BSE) in Canada. Commonly known as 'mad cow disease,' BSE is fatal among beef herds and has been linked to Variant Creutzfeldt-Jakob disease in humans, when consumed. That disease is also fatal, according to the U.S. Centres for Disease Control. 'The first North American BSE case was reported in 1993 in a cow imported into Canada from the UK,' says the CDC. It 'may have been responsible for 19 additional Canadian BSE cases beginning in 2003.' Essential reading for hockey fans who eat, sleep, Canucks, repeat. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Six BSE cases in cows in the United States were also identified back then. One was a Canadian import thought to have been infected in Canada, says the CDC. However, i n 2021, Canada was officially recognized by the World Organisation of Animal Health as having negligible risk for BSE. The Canadian Cattle Association celebrated the news. In a press release issued on Tuesday, the association said it 'i s pleased to see Australia, one of the last remaining countries to have maintained bovine spongiform encephalopathy (BSE) restrictions, complete their risk assessment and open their market for Canadian beef.' CCA President Tyler Fulton was quoted as saying: 'Canadian beef farmers and ranchers are proud to produce the highest quality and safest beef in the world. As the demand for Canadian beef around the world continues to grow, we look forward to every new market opportunity.' This advertisement has not loaded yet, but your article continues below. 'Canada is known around the world for producing top-quality beef,' says Heath MacDonald, Minister of Agriculture and Agri-Food. 'Strengthening our trade ties with Australia—one of our key partners in the Indo-Pacific — means more opportunities for Canadian farmers and processors to grow their businesses, create good jobs, and build up our economy.' As of 2024, says the CFIA, Canada ranked 8 th among global beef exporters. Canadian exports of agriculture and agri-food (not including fish and seafood) was $92.2 billion in 2024. Read More Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here. Vancouver Canucks Local News Vancouver Whitecaps News Celebrity
