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  • PM Modi urges responsible AI, stronger South-South ties at BRICS Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday called for strengthening multilateralism, deepening economic cooperation, and ensuring responsible governance of Artificial Intelligence during his address at the BRICS Outreach Summit in Brazil.

    Addressing the session titled ‘Strengthening Multilateralism, Economic-Financial Matters, and Artificial Intelligence’, Prime Minister Modi thanked Brazilian President Luiz Inácio Lula da Silva for inviting him to share India’s views with partner countries from Latin America, Africa and Asia.

    “It is a great pleasure for me to participate in this meeting with my friends from the extended BRICS family. My heartfelt thanks to President Lula for giving me the opportunity to share my views with friendly countries of Latin America, Africa, and Asia in the BRICS Outreach Summit,” he said.

    Highlighting the increasing relevance of BRICS in a changing global order, the Prime Minister said, “Our confidence in the diversity and multipolarity of the BRICS Group is our greatest strength. Today, as the world order faces pressures from all sides and the world is going through many challenges and uncertainties, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a guide for the multipolar world in the times to come.”

    The Prime Minister put forward four key suggestions to strengthen BRICS cooperation.

    Firstly, he underlined that economic cooperation within BRICS is progressing steadily, with the BRICS Business Council and BRICS Women Business Alliance playing an important role. He welcomed Brazil’s emphasis on reforms in the International Financial System under its presidency.

    “In the form of BRICS New Development Bank, we have offered a strong and credible alternative to support the development aspirations of countries in the Global South. While approving projects, the NDB must focus on demand-driven approaches, long-term financial sustainability, and healthy credit rating. Strengthening our internal systems will further enhance the credibility of our call for reformed multilateralism,” he said.

    Secondly, the Prime Minister said that the countries of the Global South have special expectations from BRICS and the group should work together to meet them.

    “For instance, the BRICS Agricultural Research Platform, established in India, is a valuable initiative to enhance collaboration in agricultural research. It can become a medium for sharing research and best practices in topics such as agri-biotech, precision farming, and climate change adaptation. We can also extend its benefits to countries in the Global South,” he said.

    He also highlighted India’s ‘One Nation, One Subscription’ initiative to expand access to academic resources and proposed a collective BRICS Science and Research Repository for the benefit of the Global South.

    Thirdly, the Prime Minister called for cooperation to secure and strengthen supply chains for critical minerals and technologies. “It’s important to ensure that no country uses these resources for its own selfish gain or as a weapon against others,” he said.

    Fourth, speaking on Artificial Intelligence, the Prime Minister stressed the need for global standards for responsible and ethical use of AI.

    “In the 21st century, the progress and well-being of people largely depends on technology, especially Artificial Intelligence. On one hand, AI can greatly improve everyday life; while on the other hand, it also raises concerns about risks, ethics, and bias,” he noted.

    He added, “India’s approach and policy on this topic are clear: We see AI as a medium to enhance human values and potential. Working on the mantra of ‘AI for All’, today we’re widely and actively using AI in sectors like agriculture, health, education, governance in India.”

    He said equal focus must be given to addressing concerns and promoting innovation in AI governance. “Global standards must be created that can verify the authenticity of digital content, so that we can identify the source of the content and maintain transparency and prevent misuse,” he said, adding that the Leaders’ Statement on Global Governance of AI released at the meeting is a positive step in this direction.

    Prime Minister Modi announced that India will host the AI Impact Summit next year and invited all partner countries to participate. “We hope for your active participation to make this summit a great success,” he said.

    Reaffirming India’s commitment to the Global South, the Prime Minister said, “The Global South has many hopes from us. To fulfil them, we must follow the principle of ‘Lead by Example’. India is fully committed to working shoulder-to-shoulder with all our partners to achieve our common goals.”

  • PM Modi urges responsible AI, stronger South-South ties at BRICS Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday called for strengthening multilateralism, deepening economic cooperation, and ensuring responsible governance of Artificial Intelligence during his address at the BRICS Outreach Summit in Brazil.

    Addressing the session titled ‘Strengthening Multilateralism, Economic-Financial Matters, and Artificial Intelligence’, Prime Minister Modi thanked Brazilian President Luiz Inácio Lula da Silva for inviting him to share India’s views with partner countries from Latin America, Africa and Asia.

    “It is a great pleasure for me to participate in this meeting with my friends from the extended BRICS family. My heartfelt thanks to President Lula for giving me the opportunity to share my views with friendly countries of Latin America, Africa, and Asia in the BRICS Outreach Summit,” he said.

    Highlighting the increasing relevance of BRICS in a changing global order, the Prime Minister said, “Our confidence in the diversity and multipolarity of the BRICS Group is our greatest strength. Today, as the world order faces pressures from all sides and the world is going through many challenges and uncertainties, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a guide for the multipolar world in the times to come.”

    The Prime Minister put forward four key suggestions to strengthen BRICS cooperation.

    Firstly, he underlined that economic cooperation within BRICS is progressing steadily, with the BRICS Business Council and BRICS Women Business Alliance playing an important role. He welcomed Brazil’s emphasis on reforms in the International Financial System under its presidency.

    “In the form of BRICS New Development Bank, we have offered a strong and credible alternative to support the development aspirations of countries in the Global South. While approving projects, the NDB must focus on demand-driven approaches, long-term financial sustainability, and healthy credit rating. Strengthening our internal systems will further enhance the credibility of our call for reformed multilateralism,” he said.

    Secondly, the Prime Minister said that the countries of the Global South have special expectations from BRICS and the group should work together to meet them.

    “For instance, the BRICS Agricultural Research Platform, established in India, is a valuable initiative to enhance collaboration in agricultural research. It can become a medium for sharing research and best practices in topics such as agri-biotech, precision farming, and climate change adaptation. We can also extend its benefits to countries in the Global South,” he said.

    He also highlighted India’s ‘One Nation, One Subscription’ initiative to expand access to academic resources and proposed a collective BRICS Science and Research Repository for the benefit of the Global South.

    Thirdly, the Prime Minister called for cooperation to secure and strengthen supply chains for critical minerals and technologies. “It’s important to ensure that no country uses these resources for its own selfish gain or as a weapon against others,” he said.

    Fourth, speaking on Artificial Intelligence, the Prime Minister stressed the need for global standards for responsible and ethical use of AI.

    “In the 21st century, the progress and well-being of people largely depends on technology, especially Artificial Intelligence. On one hand, AI can greatly improve everyday life; while on the other hand, it also raises concerns about risks, ethics, and bias,” he noted.

    He added, “India’s approach and policy on this topic are clear: We see AI as a medium to enhance human values and potential. Working on the mantra of ‘AI for All’, today we’re widely and actively using AI in sectors like agriculture, health, education, governance in India.”

    He said equal focus must be given to addressing concerns and promoting innovation in AI governance. “Global standards must be created that can verify the authenticity of digital content, so that we can identify the source of the content and maintain transparency and prevent misuse,” he said, adding that the Leaders’ Statement on Global Governance of AI released at the meeting is a positive step in this direction.

    Prime Minister Modi announced that India will host the AI Impact Summit next year and invited all partner countries to participate. “We hope for your active participation to make this summit a great success,” he said.

    Reaffirming India’s commitment to the Global South, the Prime Minister said, “The Global South has many hopes from us. To fulfil them, we must follow the principle of ‘Lead by Example’. India is fully committed to working shoulder-to-shoulder with all our partners to achieve our common goals.”

  • PM Modi urges responsible AI, stronger South-South ties at BRICS Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday called for strengthening multilateralism, deepening economic cooperation, and ensuring responsible governance of Artificial Intelligence during his address at the BRICS Outreach Summit in Brazil.

    Addressing the session titled ‘Strengthening Multilateralism, Economic-Financial Matters, and Artificial Intelligence’, Prime Minister Modi thanked Brazilian President Luiz Inácio Lula da Silva for inviting him to share India’s views with partner countries from Latin America, Africa and Asia.

    “It is a great pleasure for me to participate in this meeting with my friends from the extended BRICS family. My heartfelt thanks to President Lula for giving me the opportunity to share my views with friendly countries of Latin America, Africa, and Asia in the BRICS Outreach Summit,” he said.

    Highlighting the increasing relevance of BRICS in a changing global order, the Prime Minister said, “Our confidence in the diversity and multipolarity of the BRICS Group is our greatest strength. Today, as the world order faces pressures from all sides and the world is going through many challenges and uncertainties, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a guide for the multipolar world in the times to come.”

    The Prime Minister put forward four key suggestions to strengthen BRICS cooperation.

    Firstly, he underlined that economic cooperation within BRICS is progressing steadily, with the BRICS Business Council and BRICS Women Business Alliance playing an important role. He welcomed Brazil’s emphasis on reforms in the International Financial System under its presidency.

    “In the form of BRICS New Development Bank, we have offered a strong and credible alternative to support the development aspirations of countries in the Global South. While approving projects, the NDB must focus on demand-driven approaches, long-term financial sustainability, and healthy credit rating. Strengthening our internal systems will further enhance the credibility of our call for reformed multilateralism,” he said.

    Secondly, the Prime Minister said that the countries of the Global South have special expectations from BRICS and the group should work together to meet them.

    “For instance, the BRICS Agricultural Research Platform, established in India, is a valuable initiative to enhance collaboration in agricultural research. It can become a medium for sharing research and best practices in topics such as agri-biotech, precision farming, and climate change adaptation. We can also extend its benefits to countries in the Global South,” he said.

    He also highlighted India’s ‘One Nation, One Subscription’ initiative to expand access to academic resources and proposed a collective BRICS Science and Research Repository for the benefit of the Global South.

    Thirdly, the Prime Minister called for cooperation to secure and strengthen supply chains for critical minerals and technologies. “It’s important to ensure that no country uses these resources for its own selfish gain or as a weapon against others,” he said.

    Fourth, speaking on Artificial Intelligence, the Prime Minister stressed the need for global standards for responsible and ethical use of AI.

    “In the 21st century, the progress and well-being of people largely depends on technology, especially Artificial Intelligence. On one hand, AI can greatly improve everyday life; while on the other hand, it also raises concerns about risks, ethics, and bias,” he noted.

    He added, “India’s approach and policy on this topic are clear: We see AI as a medium to enhance human values and potential. Working on the mantra of ‘AI for All’, today we’re widely and actively using AI in sectors like agriculture, health, education, governance in India.”

    He said equal focus must be given to addressing concerns and promoting innovation in AI governance. “Global standards must be created that can verify the authenticity of digital content, so that we can identify the source of the content and maintain transparency and prevent misuse,” he said, adding that the Leaders’ Statement on Global Governance of AI released at the meeting is a positive step in this direction.

    Prime Minister Modi announced that India will host the AI Impact Summit next year and invited all partner countries to participate. “We hope for your active participation to make this summit a great success,” he said.

    Reaffirming India’s commitment to the Global South, the Prime Minister said, “The Global South has many hopes from us. To fulfil them, we must follow the principle of ‘Lead by Example’. India is fully committed to working shoulder-to-shoulder with all our partners to achieve our common goals.”

  • PM Modi urges responsible AI, stronger South-South ties at BRICS Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday called for strengthening multilateralism, deepening economic cooperation, and ensuring responsible governance of Artificial Intelligence during his address at the BRICS Outreach Summit in Brazil.

    Addressing the session titled ‘Strengthening Multilateralism, Economic-Financial Matters, and Artificial Intelligence’, Prime Minister Modi thanked Brazilian President Luiz Inácio Lula da Silva for inviting him to share India’s views with partner countries from Latin America, Africa and Asia.

    “It is a great pleasure for me to participate in this meeting with my friends from the extended BRICS family. My heartfelt thanks to President Lula for giving me the opportunity to share my views with friendly countries of Latin America, Africa, and Asia in the BRICS Outreach Summit,” he said.

    Highlighting the increasing relevance of BRICS in a changing global order, the Prime Minister said, “Our confidence in the diversity and multipolarity of the BRICS Group is our greatest strength. Today, as the world order faces pressures from all sides and the world is going through many challenges and uncertainties, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a guide for the multipolar world in the times to come.”

    The Prime Minister put forward four key suggestions to strengthen BRICS cooperation.

    Firstly, he underlined that economic cooperation within BRICS is progressing steadily, with the BRICS Business Council and BRICS Women Business Alliance playing an important role. He welcomed Brazil’s emphasis on reforms in the International Financial System under its presidency.

    “In the form of BRICS New Development Bank, we have offered a strong and credible alternative to support the development aspirations of countries in the Global South. While approving projects, the NDB must focus on demand-driven approaches, long-term financial sustainability, and healthy credit rating. Strengthening our internal systems will further enhance the credibility of our call for reformed multilateralism,” he said.

    Secondly, the Prime Minister said that the countries of the Global South have special expectations from BRICS and the group should work together to meet them.

    “For instance, the BRICS Agricultural Research Platform, established in India, is a valuable initiative to enhance collaboration in agricultural research. It can become a medium for sharing research and best practices in topics such as agri-biotech, precision farming, and climate change adaptation. We can also extend its benefits to countries in the Global South,” he said.

    He also highlighted India’s ‘One Nation, One Subscription’ initiative to expand access to academic resources and proposed a collective BRICS Science and Research Repository for the benefit of the Global South.

    Thirdly, the Prime Minister called for cooperation to secure and strengthen supply chains for critical minerals and technologies. “It’s important to ensure that no country uses these resources for its own selfish gain or as a weapon against others,” he said.

    Fourth, speaking on Artificial Intelligence, the Prime Minister stressed the need for global standards for responsible and ethical use of AI.

    “In the 21st century, the progress and well-being of people largely depends on technology, especially Artificial Intelligence. On one hand, AI can greatly improve everyday life; while on the other hand, it also raises concerns about risks, ethics, and bias,” he noted.

    He added, “India’s approach and policy on this topic are clear: We see AI as a medium to enhance human values and potential. Working on the mantra of ‘AI for All’, today we’re widely and actively using AI in sectors like agriculture, health, education, governance in India.”

    He said equal focus must be given to addressing concerns and promoting innovation in AI governance. “Global standards must be created that can verify the authenticity of digital content, so that we can identify the source of the content and maintain transparency and prevent misuse,” he said, adding that the Leaders’ Statement on Global Governance of AI released at the meeting is a positive step in this direction.

    Prime Minister Modi announced that India will host the AI Impact Summit next year and invited all partner countries to participate. “We hope for your active participation to make this summit a great success,” he said.

    Reaffirming India’s commitment to the Global South, the Prime Minister said, “The Global South has many hopes from us. To fulfil them, we must follow the principle of ‘Lead by Example’. India is fully committed to working shoulder-to-shoulder with all our partners to achieve our common goals.”

  • PM Modi urges responsible AI, stronger South-South ties at BRICS Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday called for strengthening multilateralism, deepening economic cooperation, and ensuring responsible governance of Artificial Intelligence during his address at the BRICS Outreach Summit in Brazil.

    Addressing the session titled ‘Strengthening Multilateralism, Economic-Financial Matters, and Artificial Intelligence’, Prime Minister Modi thanked Brazilian President Luiz Inácio Lula da Silva for inviting him to share India’s views with partner countries from Latin America, Africa and Asia.

    “It is a great pleasure for me to participate in this meeting with my friends from the extended BRICS family. My heartfelt thanks to President Lula for giving me the opportunity to share my views with friendly countries of Latin America, Africa, and Asia in the BRICS Outreach Summit,” he said.

    Highlighting the increasing relevance of BRICS in a changing global order, the Prime Minister said, “Our confidence in the diversity and multipolarity of the BRICS Group is our greatest strength. Today, as the world order faces pressures from all sides and the world is going through many challenges and uncertainties, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a guide for the multipolar world in the times to come.”

    The Prime Minister put forward four key suggestions to strengthen BRICS cooperation.

    Firstly, he underlined that economic cooperation within BRICS is progressing steadily, with the BRICS Business Council and BRICS Women Business Alliance playing an important role. He welcomed Brazil’s emphasis on reforms in the International Financial System under its presidency.

    “In the form of BRICS New Development Bank, we have offered a strong and credible alternative to support the development aspirations of countries in the Global South. While approving projects, the NDB must focus on demand-driven approaches, long-term financial sustainability, and healthy credit rating. Strengthening our internal systems will further enhance the credibility of our call for reformed multilateralism,” he said.

    Secondly, the Prime Minister said that the countries of the Global South have special expectations from BRICS and the group should work together to meet them.

    “For instance, the BRICS Agricultural Research Platform, established in India, is a valuable initiative to enhance collaboration in agricultural research. It can become a medium for sharing research and best practices in topics such as agri-biotech, precision farming, and climate change adaptation. We can also extend its benefits to countries in the Global South,” he said.

    He also highlighted India’s ‘One Nation, One Subscription’ initiative to expand access to academic resources and proposed a collective BRICS Science and Research Repository for the benefit of the Global South.

    Thirdly, the Prime Minister called for cooperation to secure and strengthen supply chains for critical minerals and technologies. “It’s important to ensure that no country uses these resources for its own selfish gain or as a weapon against others,” he said.

    Fourth, speaking on Artificial Intelligence, the Prime Minister stressed the need for global standards for responsible and ethical use of AI.

    “In the 21st century, the progress and well-being of people largely depends on technology, especially Artificial Intelligence. On one hand, AI can greatly improve everyday life; while on the other hand, it also raises concerns about risks, ethics, and bias,” he noted.

    He added, “India’s approach and policy on this topic are clear: We see AI as a medium to enhance human values and potential. Working on the mantra of ‘AI for All’, today we’re widely and actively using AI in sectors like agriculture, health, education, governance in India.”

    He said equal focus must be given to addressing concerns and promoting innovation in AI governance. “Global standards must be created that can verify the authenticity of digital content, so that we can identify the source of the content and maintain transparency and prevent misuse,” he said, adding that the Leaders’ Statement on Global Governance of AI released at the meeting is a positive step in this direction.

    Prime Minister Modi announced that India will host the AI Impact Summit next year and invited all partner countries to participate. “We hope for your active participation to make this summit a great success,” he said.

    Reaffirming India’s commitment to the Global South, the Prime Minister said, “The Global South has many hopes from us. To fulfil them, we must follow the principle of ‘Lead by Example’. India is fully committed to working shoulder-to-shoulder with all our partners to achieve our common goals.”

  • PM Modi urges responsible AI, stronger South-South ties at BRICS Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday called for strengthening multilateralism, deepening economic cooperation, and ensuring responsible governance of Artificial Intelligence during his address at the BRICS Outreach Summit in Brazil.

    Addressing the session titled ‘Strengthening Multilateralism, Economic-Financial Matters, and Artificial Intelligence’, Prime Minister Modi thanked Brazilian President Luiz Inácio Lula da Silva for inviting him to share India’s views with partner countries from Latin America, Africa and Asia.

    “It is a great pleasure for me to participate in this meeting with my friends from the extended BRICS family. My heartfelt thanks to President Lula for giving me the opportunity to share my views with friendly countries of Latin America, Africa, and Asia in the BRICS Outreach Summit,” he said.

    Highlighting the increasing relevance of BRICS in a changing global order, the Prime Minister said, “Our confidence in the diversity and multipolarity of the BRICS Group is our greatest strength. Today, as the world order faces pressures from all sides and the world is going through many challenges and uncertainties, the increasing relevance and influence of BRICS is natural. We should together consider how BRICS can become a guide for the multipolar world in the times to come.”

    The Prime Minister put forward four key suggestions to strengthen BRICS cooperation.

    Firstly, he underlined that economic cooperation within BRICS is progressing steadily, with the BRICS Business Council and BRICS Women Business Alliance playing an important role. He welcomed Brazil’s emphasis on reforms in the International Financial System under its presidency.

    “In the form of BRICS New Development Bank, we have offered a strong and credible alternative to support the development aspirations of countries in the Global South. While approving projects, the NDB must focus on demand-driven approaches, long-term financial sustainability, and healthy credit rating. Strengthening our internal systems will further enhance the credibility of our call for reformed multilateralism,” he said.

    Secondly, the Prime Minister said that the countries of the Global South have special expectations from BRICS and the group should work together to meet them.

    “For instance, the BRICS Agricultural Research Platform, established in India, is a valuable initiative to enhance collaboration in agricultural research. It can become a medium for sharing research and best practices in topics such as agri-biotech, precision farming, and climate change adaptation. We can also extend its benefits to countries in the Global South,” he said.

    He also highlighted India’s ‘One Nation, One Subscription’ initiative to expand access to academic resources and proposed a collective BRICS Science and Research Repository for the benefit of the Global South.

    Thirdly, the Prime Minister called for cooperation to secure and strengthen supply chains for critical minerals and technologies. “It’s important to ensure that no country uses these resources for its own selfish gain or as a weapon against others,” he said.

    Fourth, speaking on Artificial Intelligence, the Prime Minister stressed the need for global standards for responsible and ethical use of AI.

    “In the 21st century, the progress and well-being of people largely depends on technology, especially Artificial Intelligence. On one hand, AI can greatly improve everyday life; while on the other hand, it also raises concerns about risks, ethics, and bias,” he noted.

    He added, “India’s approach and policy on this topic are clear: We see AI as a medium to enhance human values and potential. Working on the mantra of ‘AI for All’, today we’re widely and actively using AI in sectors like agriculture, health, education, governance in India.”

    He said equal focus must be given to addressing concerns and promoting innovation in AI governance. “Global standards must be created that can verify the authenticity of digital content, so that we can identify the source of the content and maintain transparency and prevent misuse,” he said, adding that the Leaders’ Statement on Global Governance of AI released at the meeting is a positive step in this direction.

    Prime Minister Modi announced that India will host the AI Impact Summit next year and invited all partner countries to participate. “We hope for your active participation to make this summit a great success,” he said.

    Reaffirming India’s commitment to the Global South, the Prime Minister said, “The Global South has many hopes from us. To fulfil them, we must follow the principle of ‘Lead by Example’. India is fully committed to working shoulder-to-shoulder with all our partners to achieve our common goals.”

  • MIL-OSI: Capgemini to acquire WNS to create a global leader in Agentic AI-powered Intelligent Operations

    Source: GlobeNewswire (MIL-OSI)

    Media relations:
    Victoire Grux
    Tel.: +33 6 04 52 16 55
    victoire.grux@capgemini.com

    Investor relations:
    Vincent Biraud
    Tel.: +33 1 47 54 50 87
    vincent.biraud@capgemini.com

    Capgemini to acquire WNS to create a global leader in Agentic AI-powered Intelligent Operations

    • Creation of a leader in Intelligent Operations to capture enterprise investment in Agentic AI to transform their end-to-end business processes
    • Acquisition of a leading player in Digital BPS (Business Process Services) to combine capabilities and scale to address the strategic opportunity driven by Agentic AI
    • Transaction immediately accretive to Capgemini’s revenue growth and operating margin
    • Expected accretion to Capgemini’s normalized EPS of 4% before synergies in 2026, and 7% post-synergies in 2027
    • Definitive transaction agreement entered into pursuant to which Capgemini will acquire WNS for a cash consideration of 76.50 USD per share
    • Transaction unanimously approved by the board of directors of both companies and expected to close by the end of the year

    Paris, July 7, 2025 – Capgemini (Euronext Paris: CAP), a global business and technology transformation partner, and WNS (NYSE: WNS), a leading digital-led business transformation and services company, today announced that they have entered into a definitive transaction agreement pursuant to which Capgemini will acquire WNS for a cash consideration of 76.50 USD per WNS share, which represents a premium of 28% to the last 90-day average1 share price, of 27% to the last 30-day average1 share price and a premium of 17% to the last closing share price on July 3, 2025. The total cash consideration will amount to $3.3 billion, excluding WNS net financial debt2. The transaction will be accretive to Capgemini’s normalized EPS by 4% before synergies in 2026 and 7% post synergies in 2027. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.

    “Enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end. Business Process Services will be the showcase for Agentic AI. Capgemini’s acquisition of WNS will provide the Group with the scale and vertical sector expertise to capture that rapidly emerging strategic opportunity created by the paradigm shift from traditional BPS to Agentic AI-powered Intelligent Operations,” comments Aiman Ezzat, Chief Executive Officer of Capgemini. “Together we will create a leader in Intelligent Operations, uniquely positioned to support organizations in their AI-powered business process transformation, blending the critical capabilities needed from consulting, technology and platforms to deep process and industry expertise. This will address the client needs for Agentic AI-driven process transformation to deliver efficiency and agility through hyper-automation while achieving superior business outcomes.

    WNS brings to the Group its high growth, margin accretive and resilient Digital Business Process Services, which is the springboard to Intelligent Operations, while further increasing our exposure to the US market. Immediate cross-selling opportunities will be unlocked through the integration of our complementary offerings and clients. I am looking forward to welcoming the WNS global team to Capgemini.”

    “As a recognized leader in the Digital Business Process Services space, we see the next wave of transformation being driven by intelligent, domain-centric operations that unlock strategic value for our clients. Organizations that have already digitized are now seeking to reimagine their operating models by embedding AI at the core—shifting from automation to autonomy,” said Keshav R. Murugesh, Chief Executive Officer of WNS. “By combining our deep domain and process expertise with Capgemini’s global reach, cutting-edge Gen AI and Agentic AI capabilities, a robust partner ecosystem, and advanced technology platforms, we are creating a powerful proposition that accelerates enterprise reinvention. WNS’ complementary portfolio of horizontal and industry-specific solutions will significantly enhance Capgemini’s rapidly growing Business Services footprint, enabling next-generation, data-driven operations across sectors. Just as importantly, our shared values, cultural alignment, and complementary client relationships ensure a seamless integration—unlocking exciting opportunities for innovation, co-creation, and growth across all stakeholder groups.”

    “WNS and Capgemini share a bold, future-focused vision for Intelligent Operations. I’m confident that Capgemini is the ideal partner at the right time in WNS’ journey to extend our capabilities, accelerate innovation, and establish a leadership position in this rapidly evolving market,” said Timothy L. Main, Chairman of WNS Board of Directors. “This marks a pivotal chapter in WNS’ growth—enhancing the resilience and agility of our clients through advanced AI-driven solutions, creating sustained value for our investors, and opening up new avenues for our employees to thrive within a global technology powerhouse.”

    WNS, a leader in the resilient high-growth and margin accretive Digital BPS market

    WNS is a leading and trusted business transformation and services partner that uniquely blends deep industry knowledge with business process management, technology, analytics and AI expertise to create market differentiation for clients. With digital-led transformation solutions deployed to clients across 8 industries where it deploys its highly automated platforms to deliver stronger business outcomes, WNS is a leader in Digital Business Process Services (BPS). This operating model enables strategic engagements that are critical to clients’ daily operations materialized in long-term contracts with recurring revenues streams. Through an expanded ecosystem of partners and network of delivery centers, WNS serves a large portfolio of blue-chip clients, such as3 United Airlines, Aviva, M&T Bank, Centrica and McCain Foods.

    The high-quality business model of WNS, supported by non-linear pricing models and superior profitability has driven a c.+9% constant currency revenue growth on average over the last 3 fiscal years4, to reach $1,266 million of revenue5 in fiscal year 20254 with an 18.7%6 operating margin.

    Global organizations are in constant need of strategic partners to support their transformation to enhance efficiency and accelerate growth. This continues to be a key driver of the Digital BPS market and WNS targets revenue growth of +7% to +11% for FY2026.

    Immediate unlocking of value

    This transaction will position Capgemini as a leader in Digital BPS blending horizontal and vertical process expertise, with a global footprint. With combined revenues of €1.9 billion in 2024 in Digital BPS, this will strengthen Capgemini’s ability to accompany clients on their business and technology transformation journeys.

    The mix of WNS and Capgemini’s complementary offerings and clients will immediately unlock cross-selling opportunities. It will also lay down the foundations to build the capabilities to seize the Intelligent Operations strategic market opportunity.

    Intelligent Operations – Agentic AI creates a paradigm shift that opens a strategic opportunity

    The largest opportunity for global organizations to create value with Gen AI and Agentic AI lies in the fundamental redesign of their operations and business processes. It will attract a significant share of their AI investments as they seek to become AI-powered companies to lead their market. This is creating demand for a new type of business process services: Intelligent Operations.

    Intelligent Operations answers these business needs, providing a consulting-led approach to transform and operate horizontal and vertical business processes leveraging Gen AI and Agentic AI. It addresses clients’ goal of efficiency, speed and agility through process hyper-automation, while significantly improving business outcomes by combining data, AI and digital.

    AI technologies trigger a paradigm shift in delivering business process services: from labor-intensive services to being consulting-led and tech-driven. In parallel, client focus has shifted from efficiency gains toward end-to-end value creation and business outcomes, opening opportunities to add non-linear revenues (i.e. transaction-based, subscription-based or outcome-based models). This is creating a rapidly growing market opportunity.

    Combining the capabilities and scale required to lead in Intelligent Operations

    Both Capgemini and WNS are already pioneering Intelligent Operations. Capgemini with its consulting-led end-to-end transformation of processes, advanced AI tools and technology stacks, and BPS platforms, while WNS has developed a set of sector-specific AI-led solutions recently augmented by the acquisition of Kipi.ai7 to strengthen its data, analytics and AI capabilities.

    The combination of Capgemini and WNS will act as a catalyst to lead in Intelligent Operations providing the required scale and unique set of capabilities from Strategy & Transformation consulting, to horizontal and sector expertise, platform offerings to deep AI and technology capabilities.

    This combination will also leverage the significant investments made by Capgemini in AI through training, offers and its 25 strategic partnerships, including Microsoft, Google, AWS, Mistral AI and NVIDIA. The Group’s leadership is recognized by its clients, with over €900 million of Gen AI bookings in 2024, and by market analysts such as Forrester, IDC and ISG.

    This transaction will reinforce Capgemini as a business and transformation partner to those enterprises who want to become AI-powered businesses.

    Value creation

    Based on calendar year 2024 published information, the combined entities would have generated a revenue of €23.3 billion at a 13.6% operating margin6 in 2024.

    The Group expects accretion to normalized EPS, before synergies from the combination, of 4% in 2026.

    Capgemini expects revenue synergies run-rate of €100 million to €140 million by the end of 2027. Costs and operating model synergies are anticipated to reach an annual pretax run-rate of between €50 million and €70 million by the end of 2027.

    With the benefits of these synergies, the accretion on normalized earnings per share should reach 7% in 2027.

    Smooth integration

    WNS and Capgemini have a natural cultural fit and share common values that will facilitate a smooth integration of the teams, helped by the Group’s track record of successful integrations. Furthermore, the integration will be straightforward into Capgemini’s Global Business Services activities.

    Key transaction terms and timeline

    The contemplated transaction will be implemented by way of a Court-sanctioned scheme of arrangement under the laws of Jersey. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.

    The transaction is subject to approval by the Royal Court of Jersey and WNS’ shareholders, as well as to receipt of customary regulatory approvals and other conditions. The closing of the transaction is expected to occur by the end of the year.

    Full details of the terms and conditions of the transaction are set out in the transaction agreement, which may be obtained, free of charge, on the SEC’s website (http://www.sec.gov) when available, and WNS’ website at https://www.WNS.com.

    Financing

    Capgemini has secured a bridge financing of €4.0 billion, covering the purchase of securities ($3.3 billion), as well as the gross debt and similar obligations8 of around $0.4 billion and the €0.8 billion Capgemini bond redeemed in June 2025.

    The Group plans to refinance the bridge with available cash for around €1.0 billion and the balance by debt issuance.

    Q2 and H1 2025 performance

    The Group expects Q2 2025 year-on-year growth at constant currency to be slightly better than the -0.4% reported in Q1 2025. The Group also expects for H1 2025 the operating margin to be stable year-on-year at 12.4%.

    Due to the nature and timing of this announcement, the actual Q2 and H1 2025 performance may slightly differ from the above-mentioned expectations. H1 2025 publication will take place as planned on July 30, 2025.

    Outlook

    Capgemini’s financial targets for 2025 do not take into account this transaction and are therefore unchanged:

    • Revenue growth of -2.0% to +2.0% at constant currency;
    • Operating margin of 13.3% to 13.5%;
    • Organic free cash flow of around €1.9 billion.

    Conference call

    Aiman Ezzat, Chief Executive Officer, accompanied by Nive Bhagat, Chief Financial Officer, will comment on this announcement during two audio webcasts (in English only) to be held today:

    • at 8.00 a.m. Paris time (CET)
      • for “listen-only” participants: https://edge.media-server.com/mmc/p/npdpfjyy
        • for investors and financial analysts who wish to take part in the Q&A session, please pre-register on the following link to receive the dial-in information
    • and at 3.00 p.m. Paris time (CET)
      • for “listen-only” participants: https://edge.media-server.com/mmc/p/y5nk6iup
        • for investors and financial analysts who wish to take part in the Q&A session, please pre-register on the following link to receive the dial-in information

    Replays of both calls will be available, from the same links, shortly after the event and for a period of one year.

    All documents relating to this publication will be posted on the Capgemini investor website at https://investors.capgemini.com/en/.

    IMPORTANT NOTICE

    This announcement is for information purposes only and is not intended to and does not constitute or form part of, an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction in contravention of applicable law. In connection with the Transaction, WNS will provide to its shareholders and file with the U.S. Securities and Exchange Commission (the “SEC”) a circular relating to the Transaction (the “scheme document”) and may also file other documents with the SEC.

    The scheme document will contain the full terms and conditions of the Transaction, including details with respect to the WNS shareholder vote in respect of the Transaction and will be sent or otherwise disseminated to WNS’ shareholders and will contain important information about the Transaction and related matters. Any decision in respect of, or other response to, the Transaction should be made only on the basis of the information contained in the scheme document.

    SHAREHOLDERS OF WNS ARE ADVISED TO READ THE SCHEME DOCUMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION.

    The scheme document and other relevant documents may be obtained, free of charge, on the SEC’s website (http://www.sec.gov), when available. WNS’ shareholders may obtain free copies of the scheme document once it is available from WNS by going to WNS’ website at https://www.wns.com.

    PARTICIPANTS IN THE SOLICITATION

    Capgemini, WNS and certain of their respective directors and officers may be deemed participants in the solicitation of proxies of WNS’ shareholders in connection with the Transaction. Additional information regarding the foregoing persons, including their direct and indirect interests, by security holdings or otherwise, will be set forth in the scheme document and other relevant documents to be filed with the SEC. WNS’ shareholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of WNS in WNS’ periodic reports filed with the SEC available on WNS’ website at https://www.wns.com, and regarding the directors and officers of Capgemini in Capgemini’s most recent Universal Registration Document (Document d’Enregistrement Universel) available on Capgemini’s website (https://www.capgemini.com/us-en/).

    FORWARD LOOKING STATEMENTS

    Certain information in this announcement, as well as oral statements made regarding the Transaction, and other information published by WNS, Capgemini or any member of the Capgemini Group contain statements which are, or may be deemed to be “forward-looking statements”, including, but not limited to, the acceleration of Capgemini and WNS’ growth and the value-additive nature of the Transaction for Capgemini shareholders. The words “anticipates”, “expects”, “believes”, “intends, “estimates”, “plans”, “projects”, “may”, “would”, “will”, “should”, “continue”, or the negative of these terms and similar expressions are intended to identify forward-looking statements. Such forward looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the environment in which Capgemini, any member of the Capgemini Group, including WNS and its subsidiaries following the Transaction (“Post-Transaction Group”) shall operate in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. The forward looking statements contained in this announcement relate to Capgemini, any member of the Capgemini Group or the Post-Transaction Group’s future prospects, developments and business strategies, the expected timing and scope of the Transaction and other statements other than historical facts. For a discussion of some of the risks and important factors that could affect such forward-looking statements, please refer, without limitations, to the risks identified in Capgemini’s most recent Universal Registration Document (Document d’Enregistrement Universel) available on Capgemini’s website (https://www.capgemini.com/us-en/). Factors which could have a material adverse effect on the Company’s operations and future prospects include, but are not limited to, the following risks relating to the Transaction, including in respect of the satisfaction of closing conditions to the Transaction on a timely basis or at all, including the ability to obtain required regulatory approvals and the required scheme shareholder approval; unanticipated difficulties and/or expenditures relating to the Transaction and any related financing; uncertainties as to the timing of the Transaction; litigation relating to, or other challenges to, the Transaction; the impact of the Transaction on each company’s business operations (including the threatened or actual loss of employees, clients or suppliers); the inability to obtain, or delays in obtaining cost savings and synergies from the Transaction; incurrence of unexpected costs and expenses in connection with the Transaction; risks related to changes in the financial, equity and debt markets; and risks related to political, economic and market conditions. In addition, the risks to which WNS’ business is subject, including those risks described in WNS’ periodic reports filed with the SEC, could adversely affect the Transaction and, following the completion of the Transaction, the Company’s operations and future prospects. New risks and uncertainties emerge from time to time, and it is not possible for Capgemini and WNS to predict or assess the impact of every factor that may cause actual results to differ from those contained in any forward-looking statements.

    Specifically, statements of estimated cost savings and synergies relate to future actions and circumstances which, by their nature involve, risks, uncertainties and contingencies. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than estimated, or those achieved could be materially different from those estimated. Due to the scale of the Post-Transaction Group, there may be additional changes to the Post-Transaction Group’s operations. As a result, and given the fact that the changes relate to the future, the resulting cost synergies may be materially greater or less than those estimated.

    Forward-looking statements contained herein are only based upon currently available information and speak only as of the date of this announcement, and Capgemini expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Capgemini’s expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

    Past performance is not a reliable indicator of future results and should not be relied upon for any reason.

    The anticipated financial impact of the acquisition of WNS and any references to future financial performance should not be viewed as management guidance. Actual results may differ from the statements set forth herein and such differences may be material.

    ABOUT CAPGEMINI

    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

    Get the Future You Want | www.capgemini.com

    ABOUT WNS

    WNS is a digital-led business transformation and services company. WNS combines deep domain expertise with talent, technology, and AI to co-create innovative solutions for over 600 clients across various industries. WNS delivers an entire spectrum of solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of March 31, 2025, WNS had 64,505 professionals across 64 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, Malaysia, the Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the United Kingdom, and the United States.

    For more information, visit www.wns.com

    1 Volume-weighted average
    2 Net financial debt of WNS was negligible as at March 31, 2025
    3 Clients of WNS based on public domain information
    4 WNS fiscal year ends March 31. Last 3 fiscal years end March 2025.
    5 Revenue represents revenue less repair payments
    6 WNS “Adjusted operating profit” restated to expense amortization of intangible assets (software) above operating margin to conform to Capgemini’s definition of operating margin.
    7 See https://ir.wns.com/news-releases/news-release-details/wns-acquires-kipiai-expand-data-analytics-ai-capabilities
    8 Including considerations to be paid in connection with Restricted Share Units

    Attachment

    The MIL Network –

  • MIL-OSI: Capgemini to acquire WNS to create a global leader in Agentic AI-powered Intelligent Operations

    Source: GlobeNewswire (MIL-OSI)

    Media relations:
    Victoire Grux
    Tel.: +33 6 04 52 16 55
    victoire.grux@capgemini.com

    Investor relations:
    Vincent Biraud
    Tel.: +33 1 47 54 50 87
    vincent.biraud@capgemini.com

    Capgemini to acquire WNS to create a global leader in Agentic AI-powered Intelligent Operations

    • Creation of a leader in Intelligent Operations to capture enterprise investment in Agentic AI to transform their end-to-end business processes
    • Acquisition of a leading player in Digital BPS (Business Process Services) to combine capabilities and scale to address the strategic opportunity driven by Agentic AI
    • Transaction immediately accretive to Capgemini’s revenue growth and operating margin
    • Expected accretion to Capgemini’s normalized EPS of 4% before synergies in 2026, and 7% post-synergies in 2027
    • Definitive transaction agreement entered into pursuant to which Capgemini will acquire WNS for a cash consideration of 76.50 USD per share
    • Transaction unanimously approved by the board of directors of both companies and expected to close by the end of the year

    Paris, July 7, 2025 – Capgemini (Euronext Paris: CAP), a global business and technology transformation partner, and WNS (NYSE: WNS), a leading digital-led business transformation and services company, today announced that they have entered into a definitive transaction agreement pursuant to which Capgemini will acquire WNS for a cash consideration of 76.50 USD per WNS share, which represents a premium of 28% to the last 90-day average1 share price, of 27% to the last 30-day average1 share price and a premium of 17% to the last closing share price on July 3, 2025. The total cash consideration will amount to $3.3 billion, excluding WNS net financial debt2. The transaction will be accretive to Capgemini’s normalized EPS by 4% before synergies in 2026 and 7% post synergies in 2027. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.

    “Enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end. Business Process Services will be the showcase for Agentic AI. Capgemini’s acquisition of WNS will provide the Group with the scale and vertical sector expertise to capture that rapidly emerging strategic opportunity created by the paradigm shift from traditional BPS to Agentic AI-powered Intelligent Operations,” comments Aiman Ezzat, Chief Executive Officer of Capgemini. “Together we will create a leader in Intelligent Operations, uniquely positioned to support organizations in their AI-powered business process transformation, blending the critical capabilities needed from consulting, technology and platforms to deep process and industry expertise. This will address the client needs for Agentic AI-driven process transformation to deliver efficiency and agility through hyper-automation while achieving superior business outcomes.

    WNS brings to the Group its high growth, margin accretive and resilient Digital Business Process Services, which is the springboard to Intelligent Operations, while further increasing our exposure to the US market. Immediate cross-selling opportunities will be unlocked through the integration of our complementary offerings and clients. I am looking forward to welcoming the WNS global team to Capgemini.”

    “As a recognized leader in the Digital Business Process Services space, we see the next wave of transformation being driven by intelligent, domain-centric operations that unlock strategic value for our clients. Organizations that have already digitized are now seeking to reimagine their operating models by embedding AI at the core—shifting from automation to autonomy,” said Keshav R. Murugesh, Chief Executive Officer of WNS. “By combining our deep domain and process expertise with Capgemini’s global reach, cutting-edge Gen AI and Agentic AI capabilities, a robust partner ecosystem, and advanced technology platforms, we are creating a powerful proposition that accelerates enterprise reinvention. WNS’ complementary portfolio of horizontal and industry-specific solutions will significantly enhance Capgemini’s rapidly growing Business Services footprint, enabling next-generation, data-driven operations across sectors. Just as importantly, our shared values, cultural alignment, and complementary client relationships ensure a seamless integration—unlocking exciting opportunities for innovation, co-creation, and growth across all stakeholder groups.”

    “WNS and Capgemini share a bold, future-focused vision for Intelligent Operations. I’m confident that Capgemini is the ideal partner at the right time in WNS’ journey to extend our capabilities, accelerate innovation, and establish a leadership position in this rapidly evolving market,” said Timothy L. Main, Chairman of WNS Board of Directors. “This marks a pivotal chapter in WNS’ growth—enhancing the resilience and agility of our clients through advanced AI-driven solutions, creating sustained value for our investors, and opening up new avenues for our employees to thrive within a global technology powerhouse.”

    WNS, a leader in the resilient high-growth and margin accretive Digital BPS market

    WNS is a leading and trusted business transformation and services partner that uniquely blends deep industry knowledge with business process management, technology, analytics and AI expertise to create market differentiation for clients. With digital-led transformation solutions deployed to clients across 8 industries where it deploys its highly automated platforms to deliver stronger business outcomes, WNS is a leader in Digital Business Process Services (BPS). This operating model enables strategic engagements that are critical to clients’ daily operations materialized in long-term contracts with recurring revenues streams. Through an expanded ecosystem of partners and network of delivery centers, WNS serves a large portfolio of blue-chip clients, such as3 United Airlines, Aviva, M&T Bank, Centrica and McCain Foods.

    The high-quality business model of WNS, supported by non-linear pricing models and superior profitability has driven a c.+9% constant currency revenue growth on average over the last 3 fiscal years4, to reach $1,266 million of revenue5 in fiscal year 20254 with an 18.7%6 operating margin.

    Global organizations are in constant need of strategic partners to support their transformation to enhance efficiency and accelerate growth. This continues to be a key driver of the Digital BPS market and WNS targets revenue growth of +7% to +11% for FY2026.

    Immediate unlocking of value

    This transaction will position Capgemini as a leader in Digital BPS blending horizontal and vertical process expertise, with a global footprint. With combined revenues of €1.9 billion in 2024 in Digital BPS, this will strengthen Capgemini’s ability to accompany clients on their business and technology transformation journeys.

    The mix of WNS and Capgemini’s complementary offerings and clients will immediately unlock cross-selling opportunities. It will also lay down the foundations to build the capabilities to seize the Intelligent Operations strategic market opportunity.

    Intelligent Operations – Agentic AI creates a paradigm shift that opens a strategic opportunity

    The largest opportunity for global organizations to create value with Gen AI and Agentic AI lies in the fundamental redesign of their operations and business processes. It will attract a significant share of their AI investments as they seek to become AI-powered companies to lead their market. This is creating demand for a new type of business process services: Intelligent Operations.

    Intelligent Operations answers these business needs, providing a consulting-led approach to transform and operate horizontal and vertical business processes leveraging Gen AI and Agentic AI. It addresses clients’ goal of efficiency, speed and agility through process hyper-automation, while significantly improving business outcomes by combining data, AI and digital.

    AI technologies trigger a paradigm shift in delivering business process services: from labor-intensive services to being consulting-led and tech-driven. In parallel, client focus has shifted from efficiency gains toward end-to-end value creation and business outcomes, opening opportunities to add non-linear revenues (i.e. transaction-based, subscription-based or outcome-based models). This is creating a rapidly growing market opportunity.

    Combining the capabilities and scale required to lead in Intelligent Operations

    Both Capgemini and WNS are already pioneering Intelligent Operations. Capgemini with its consulting-led end-to-end transformation of processes, advanced AI tools and technology stacks, and BPS platforms, while WNS has developed a set of sector-specific AI-led solutions recently augmented by the acquisition of Kipi.ai7 to strengthen its data, analytics and AI capabilities.

    The combination of Capgemini and WNS will act as a catalyst to lead in Intelligent Operations providing the required scale and unique set of capabilities from Strategy & Transformation consulting, to horizontal and sector expertise, platform offerings to deep AI and technology capabilities.

    This combination will also leverage the significant investments made by Capgemini in AI through training, offers and its 25 strategic partnerships, including Microsoft, Google, AWS, Mistral AI and NVIDIA. The Group’s leadership is recognized by its clients, with over €900 million of Gen AI bookings in 2024, and by market analysts such as Forrester, IDC and ISG.

    This transaction will reinforce Capgemini as a business and transformation partner to those enterprises who want to become AI-powered businesses.

    Value creation

    Based on calendar year 2024 published information, the combined entities would have generated a revenue of €23.3 billion at a 13.6% operating margin6 in 2024.

    The Group expects accretion to normalized EPS, before synergies from the combination, of 4% in 2026.

    Capgemini expects revenue synergies run-rate of €100 million to €140 million by the end of 2027. Costs and operating model synergies are anticipated to reach an annual pretax run-rate of between €50 million and €70 million by the end of 2027.

    With the benefits of these synergies, the accretion on normalized earnings per share should reach 7% in 2027.

    Smooth integration

    WNS and Capgemini have a natural cultural fit and share common values that will facilitate a smooth integration of the teams, helped by the Group’s track record of successful integrations. Furthermore, the integration will be straightforward into Capgemini’s Global Business Services activities.

    Key transaction terms and timeline

    The contemplated transaction will be implemented by way of a Court-sanctioned scheme of arrangement under the laws of Jersey. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.

    The transaction is subject to approval by the Royal Court of Jersey and WNS’ shareholders, as well as to receipt of customary regulatory approvals and other conditions. The closing of the transaction is expected to occur by the end of the year.

    Full details of the terms and conditions of the transaction are set out in the transaction agreement, which may be obtained, free of charge, on the SEC’s website (http://www.sec.gov) when available, and WNS’ website at https://www.WNS.com.

    Financing

    Capgemini has secured a bridge financing of €4.0 billion, covering the purchase of securities ($3.3 billion), as well as the gross debt and similar obligations8 of around $0.4 billion and the €0.8 billion Capgemini bond redeemed in June 2025.

    The Group plans to refinance the bridge with available cash for around €1.0 billion and the balance by debt issuance.

    Q2 and H1 2025 performance

    The Group expects Q2 2025 year-on-year growth at constant currency to be slightly better than the -0.4% reported in Q1 2025. The Group also expects for H1 2025 the operating margin to be stable year-on-year at 12.4%.

    Due to the nature and timing of this announcement, the actual Q2 and H1 2025 performance may slightly differ from the above-mentioned expectations. H1 2025 publication will take place as planned on July 30, 2025.

    Outlook

    Capgemini’s financial targets for 2025 do not take into account this transaction and are therefore unchanged:

    • Revenue growth of -2.0% to +2.0% at constant currency;
    • Operating margin of 13.3% to 13.5%;
    • Organic free cash flow of around €1.9 billion.

    Conference call

    Aiman Ezzat, Chief Executive Officer, accompanied by Nive Bhagat, Chief Financial Officer, will comment on this announcement during two audio webcasts (in English only) to be held today:

    • at 8.00 a.m. Paris time (CET)
      • for “listen-only” participants: https://edge.media-server.com/mmc/p/npdpfjyy
        • for investors and financial analysts who wish to take part in the Q&A session, please pre-register on the following link to receive the dial-in information
    • and at 3.00 p.m. Paris time (CET)
      • for “listen-only” participants: https://edge.media-server.com/mmc/p/y5nk6iup
        • for investors and financial analysts who wish to take part in the Q&A session, please pre-register on the following link to receive the dial-in information

    Replays of both calls will be available, from the same links, shortly after the event and for a period of one year.

    All documents relating to this publication will be posted on the Capgemini investor website at https://investors.capgemini.com/en/.

    IMPORTANT NOTICE

    This announcement is for information purposes only and is not intended to and does not constitute or form part of, an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction in contravention of applicable law. In connection with the Transaction, WNS will provide to its shareholders and file with the U.S. Securities and Exchange Commission (the “SEC”) a circular relating to the Transaction (the “scheme document”) and may also file other documents with the SEC.

    The scheme document will contain the full terms and conditions of the Transaction, including details with respect to the WNS shareholder vote in respect of the Transaction and will be sent or otherwise disseminated to WNS’ shareholders and will contain important information about the Transaction and related matters. Any decision in respect of, or other response to, the Transaction should be made only on the basis of the information contained in the scheme document.

    SHAREHOLDERS OF WNS ARE ADVISED TO READ THE SCHEME DOCUMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION.

    The scheme document and other relevant documents may be obtained, free of charge, on the SEC’s website (http://www.sec.gov), when available. WNS’ shareholders may obtain free copies of the scheme document once it is available from WNS by going to WNS’ website at https://www.wns.com.

    PARTICIPANTS IN THE SOLICITATION

    Capgemini, WNS and certain of their respective directors and officers may be deemed participants in the solicitation of proxies of WNS’ shareholders in connection with the Transaction. Additional information regarding the foregoing persons, including their direct and indirect interests, by security holdings or otherwise, will be set forth in the scheme document and other relevant documents to be filed with the SEC. WNS’ shareholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of WNS in WNS’ periodic reports filed with the SEC available on WNS’ website at https://www.wns.com, and regarding the directors and officers of Capgemini in Capgemini’s most recent Universal Registration Document (Document d’Enregistrement Universel) available on Capgemini’s website (https://www.capgemini.com/us-en/).

    FORWARD LOOKING STATEMENTS

    Certain information in this announcement, as well as oral statements made regarding the Transaction, and other information published by WNS, Capgemini or any member of the Capgemini Group contain statements which are, or may be deemed to be “forward-looking statements”, including, but not limited to, the acceleration of Capgemini and WNS’ growth and the value-additive nature of the Transaction for Capgemini shareholders. The words “anticipates”, “expects”, “believes”, “intends, “estimates”, “plans”, “projects”, “may”, “would”, “will”, “should”, “continue”, or the negative of these terms and similar expressions are intended to identify forward-looking statements. Such forward looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the environment in which Capgemini, any member of the Capgemini Group, including WNS and its subsidiaries following the Transaction (“Post-Transaction Group”) shall operate in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. The forward looking statements contained in this announcement relate to Capgemini, any member of the Capgemini Group or the Post-Transaction Group’s future prospects, developments and business strategies, the expected timing and scope of the Transaction and other statements other than historical facts. For a discussion of some of the risks and important factors that could affect such forward-looking statements, please refer, without limitations, to the risks identified in Capgemini’s most recent Universal Registration Document (Document d’Enregistrement Universel) available on Capgemini’s website (https://www.capgemini.com/us-en/). Factors which could have a material adverse effect on the Company’s operations and future prospects include, but are not limited to, the following risks relating to the Transaction, including in respect of the satisfaction of closing conditions to the Transaction on a timely basis or at all, including the ability to obtain required regulatory approvals and the required scheme shareholder approval; unanticipated difficulties and/or expenditures relating to the Transaction and any related financing; uncertainties as to the timing of the Transaction; litigation relating to, or other challenges to, the Transaction; the impact of the Transaction on each company’s business operations (including the threatened or actual loss of employees, clients or suppliers); the inability to obtain, or delays in obtaining cost savings and synergies from the Transaction; incurrence of unexpected costs and expenses in connection with the Transaction; risks related to changes in the financial, equity and debt markets; and risks related to political, economic and market conditions. In addition, the risks to which WNS’ business is subject, including those risks described in WNS’ periodic reports filed with the SEC, could adversely affect the Transaction and, following the completion of the Transaction, the Company’s operations and future prospects. New risks and uncertainties emerge from time to time, and it is not possible for Capgemini and WNS to predict or assess the impact of every factor that may cause actual results to differ from those contained in any forward-looking statements.

    Specifically, statements of estimated cost savings and synergies relate to future actions and circumstances which, by their nature involve, risks, uncertainties and contingencies. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than estimated, or those achieved could be materially different from those estimated. Due to the scale of the Post-Transaction Group, there may be additional changes to the Post-Transaction Group’s operations. As a result, and given the fact that the changes relate to the future, the resulting cost synergies may be materially greater or less than those estimated.

    Forward-looking statements contained herein are only based upon currently available information and speak only as of the date of this announcement, and Capgemini expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Capgemini’s expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

    Past performance is not a reliable indicator of future results and should not be relied upon for any reason.

    The anticipated financial impact of the acquisition of WNS and any references to future financial performance should not be viewed as management guidance. Actual results may differ from the statements set forth herein and such differences may be material.

    ABOUT CAPGEMINI

    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

    Get the Future You Want | www.capgemini.com

    ABOUT WNS

    WNS is a digital-led business transformation and services company. WNS combines deep domain expertise with talent, technology, and AI to co-create innovative solutions for over 600 clients across various industries. WNS delivers an entire spectrum of solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of March 31, 2025, WNS had 64,505 professionals across 64 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, Malaysia, the Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the United Kingdom, and the United States.

    For more information, visit www.wns.com

    1 Volume-weighted average
    2 Net financial debt of WNS was negligible as at March 31, 2025
    3 Clients of WNS based on public domain information
    4 WNS fiscal year ends March 31. Last 3 fiscal years end March 2025.
    5 Revenue represents revenue less repair payments
    6 WNS “Adjusted operating profit” restated to expense amortization of intangible assets (software) above operating margin to conform to Capgemini’s definition of operating margin.
    7 See https://ir.wns.com/news-releases/news-release-details/wns-acquires-kipiai-expand-data-analytics-ai-capabilities
    8 Including considerations to be paid in connection with Restricted Share Units

    Attachment

    The MIL Network –

  • MIL-OSI: Capgemini to acquire WNS to create a global leader in Agentic AI-powered Intelligent Operations

    Source: GlobeNewswire (MIL-OSI)

    Media relations:
    Victoire Grux
    Tel.: +33 6 04 52 16 55
    victoire.grux@capgemini.com

    Investor relations:
    Vincent Biraud
    Tel.: +33 1 47 54 50 87
    vincent.biraud@capgemini.com

    Capgemini to acquire WNS to create a global leader in Agentic AI-powered Intelligent Operations

    • Creation of a leader in Intelligent Operations to capture enterprise investment in Agentic AI to transform their end-to-end business processes
    • Acquisition of a leading player in Digital BPS (Business Process Services) to combine capabilities and scale to address the strategic opportunity driven by Agentic AI
    • Transaction immediately accretive to Capgemini’s revenue growth and operating margin
    • Expected accretion to Capgemini’s normalized EPS of 4% before synergies in 2026, and 7% post-synergies in 2027
    • Definitive transaction agreement entered into pursuant to which Capgemini will acquire WNS for a cash consideration of 76.50 USD per share
    • Transaction unanimously approved by the board of directors of both companies and expected to close by the end of the year

    Paris, July 7, 2025 – Capgemini (Euronext Paris: CAP), a global business and technology transformation partner, and WNS (NYSE: WNS), a leading digital-led business transformation and services company, today announced that they have entered into a definitive transaction agreement pursuant to which Capgemini will acquire WNS for a cash consideration of 76.50 USD per WNS share, which represents a premium of 28% to the last 90-day average1 share price, of 27% to the last 30-day average1 share price and a premium of 17% to the last closing share price on July 3, 2025. The total cash consideration will amount to $3.3 billion, excluding WNS net financial debt2. The transaction will be accretive to Capgemini’s normalized EPS by 4% before synergies in 2026 and 7% post synergies in 2027. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.

    “Enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end. Business Process Services will be the showcase for Agentic AI. Capgemini’s acquisition of WNS will provide the Group with the scale and vertical sector expertise to capture that rapidly emerging strategic opportunity created by the paradigm shift from traditional BPS to Agentic AI-powered Intelligent Operations,” comments Aiman Ezzat, Chief Executive Officer of Capgemini. “Together we will create a leader in Intelligent Operations, uniquely positioned to support organizations in their AI-powered business process transformation, blending the critical capabilities needed from consulting, technology and platforms to deep process and industry expertise. This will address the client needs for Agentic AI-driven process transformation to deliver efficiency and agility through hyper-automation while achieving superior business outcomes.

    WNS brings to the Group its high growth, margin accretive and resilient Digital Business Process Services, which is the springboard to Intelligent Operations, while further increasing our exposure to the US market. Immediate cross-selling opportunities will be unlocked through the integration of our complementary offerings and clients. I am looking forward to welcoming the WNS global team to Capgemini.”

    “As a recognized leader in the Digital Business Process Services space, we see the next wave of transformation being driven by intelligent, domain-centric operations that unlock strategic value for our clients. Organizations that have already digitized are now seeking to reimagine their operating models by embedding AI at the core—shifting from automation to autonomy,” said Keshav R. Murugesh, Chief Executive Officer of WNS. “By combining our deep domain and process expertise with Capgemini’s global reach, cutting-edge Gen AI and Agentic AI capabilities, a robust partner ecosystem, and advanced technology platforms, we are creating a powerful proposition that accelerates enterprise reinvention. WNS’ complementary portfolio of horizontal and industry-specific solutions will significantly enhance Capgemini’s rapidly growing Business Services footprint, enabling next-generation, data-driven operations across sectors. Just as importantly, our shared values, cultural alignment, and complementary client relationships ensure a seamless integration—unlocking exciting opportunities for innovation, co-creation, and growth across all stakeholder groups.”

    “WNS and Capgemini share a bold, future-focused vision for Intelligent Operations. I’m confident that Capgemini is the ideal partner at the right time in WNS’ journey to extend our capabilities, accelerate innovation, and establish a leadership position in this rapidly evolving market,” said Timothy L. Main, Chairman of WNS Board of Directors. “This marks a pivotal chapter in WNS’ growth—enhancing the resilience and agility of our clients through advanced AI-driven solutions, creating sustained value for our investors, and opening up new avenues for our employees to thrive within a global technology powerhouse.”

    WNS, a leader in the resilient high-growth and margin accretive Digital BPS market

    WNS is a leading and trusted business transformation and services partner that uniquely blends deep industry knowledge with business process management, technology, analytics and AI expertise to create market differentiation for clients. With digital-led transformation solutions deployed to clients across 8 industries where it deploys its highly automated platforms to deliver stronger business outcomes, WNS is a leader in Digital Business Process Services (BPS). This operating model enables strategic engagements that are critical to clients’ daily operations materialized in long-term contracts with recurring revenues streams. Through an expanded ecosystem of partners and network of delivery centers, WNS serves a large portfolio of blue-chip clients, such as3 United Airlines, Aviva, M&T Bank, Centrica and McCain Foods.

    The high-quality business model of WNS, supported by non-linear pricing models and superior profitability has driven a c.+9% constant currency revenue growth on average over the last 3 fiscal years4, to reach $1,266 million of revenue5 in fiscal year 20254 with an 18.7%6 operating margin.

    Global organizations are in constant need of strategic partners to support their transformation to enhance efficiency and accelerate growth. This continues to be a key driver of the Digital BPS market and WNS targets revenue growth of +7% to +11% for FY2026.

    Immediate unlocking of value

    This transaction will position Capgemini as a leader in Digital BPS blending horizontal and vertical process expertise, with a global footprint. With combined revenues of €1.9 billion in 2024 in Digital BPS, this will strengthen Capgemini’s ability to accompany clients on their business and technology transformation journeys.

    The mix of WNS and Capgemini’s complementary offerings and clients will immediately unlock cross-selling opportunities. It will also lay down the foundations to build the capabilities to seize the Intelligent Operations strategic market opportunity.

    Intelligent Operations – Agentic AI creates a paradigm shift that opens a strategic opportunity

    The largest opportunity for global organizations to create value with Gen AI and Agentic AI lies in the fundamental redesign of their operations and business processes. It will attract a significant share of their AI investments as they seek to become AI-powered companies to lead their market. This is creating demand for a new type of business process services: Intelligent Operations.

    Intelligent Operations answers these business needs, providing a consulting-led approach to transform and operate horizontal and vertical business processes leveraging Gen AI and Agentic AI. It addresses clients’ goal of efficiency, speed and agility through process hyper-automation, while significantly improving business outcomes by combining data, AI and digital.

    AI technologies trigger a paradigm shift in delivering business process services: from labor-intensive services to being consulting-led and tech-driven. In parallel, client focus has shifted from efficiency gains toward end-to-end value creation and business outcomes, opening opportunities to add non-linear revenues (i.e. transaction-based, subscription-based or outcome-based models). This is creating a rapidly growing market opportunity.

    Combining the capabilities and scale required to lead in Intelligent Operations

    Both Capgemini and WNS are already pioneering Intelligent Operations. Capgemini with its consulting-led end-to-end transformation of processes, advanced AI tools and technology stacks, and BPS platforms, while WNS has developed a set of sector-specific AI-led solutions recently augmented by the acquisition of Kipi.ai7 to strengthen its data, analytics and AI capabilities.

    The combination of Capgemini and WNS will act as a catalyst to lead in Intelligent Operations providing the required scale and unique set of capabilities from Strategy & Transformation consulting, to horizontal and sector expertise, platform offerings to deep AI and technology capabilities.

    This combination will also leverage the significant investments made by Capgemini in AI through training, offers and its 25 strategic partnerships, including Microsoft, Google, AWS, Mistral AI and NVIDIA. The Group’s leadership is recognized by its clients, with over €900 million of Gen AI bookings in 2024, and by market analysts such as Forrester, IDC and ISG.

    This transaction will reinforce Capgemini as a business and transformation partner to those enterprises who want to become AI-powered businesses.

    Value creation

    Based on calendar year 2024 published information, the combined entities would have generated a revenue of €23.3 billion at a 13.6% operating margin6 in 2024.

    The Group expects accretion to normalized EPS, before synergies from the combination, of 4% in 2026.

    Capgemini expects revenue synergies run-rate of €100 million to €140 million by the end of 2027. Costs and operating model synergies are anticipated to reach an annual pretax run-rate of between €50 million and €70 million by the end of 2027.

    With the benefits of these synergies, the accretion on normalized earnings per share should reach 7% in 2027.

    Smooth integration

    WNS and Capgemini have a natural cultural fit and share common values that will facilitate a smooth integration of the teams, helped by the Group’s track record of successful integrations. Furthermore, the integration will be straightforward into Capgemini’s Global Business Services activities.

    Key transaction terms and timeline

    The contemplated transaction will be implemented by way of a Court-sanctioned scheme of arrangement under the laws of Jersey. The transaction has been unanimously approved by both Capgemini’s and WNS’ Boards of Directors.

    The transaction is subject to approval by the Royal Court of Jersey and WNS’ shareholders, as well as to receipt of customary regulatory approvals and other conditions. The closing of the transaction is expected to occur by the end of the year.

    Full details of the terms and conditions of the transaction are set out in the transaction agreement, which may be obtained, free of charge, on the SEC’s website (http://www.sec.gov) when available, and WNS’ website at https://www.WNS.com.

    Financing

    Capgemini has secured a bridge financing of €4.0 billion, covering the purchase of securities ($3.3 billion), as well as the gross debt and similar obligations8 of around $0.4 billion and the €0.8 billion Capgemini bond redeemed in June 2025.

    The Group plans to refinance the bridge with available cash for around €1.0 billion and the balance by debt issuance.

    Q2 and H1 2025 performance

    The Group expects Q2 2025 year-on-year growth at constant currency to be slightly better than the -0.4% reported in Q1 2025. The Group also expects for H1 2025 the operating margin to be stable year-on-year at 12.4%.

    Due to the nature and timing of this announcement, the actual Q2 and H1 2025 performance may slightly differ from the above-mentioned expectations. H1 2025 publication will take place as planned on July 30, 2025.

    Outlook

    Capgemini’s financial targets for 2025 do not take into account this transaction and are therefore unchanged:

    • Revenue growth of -2.0% to +2.0% at constant currency;
    • Operating margin of 13.3% to 13.5%;
    • Organic free cash flow of around €1.9 billion.

    Conference call

    Aiman Ezzat, Chief Executive Officer, accompanied by Nive Bhagat, Chief Financial Officer, will comment on this announcement during two audio webcasts (in English only) to be held today:

    • at 8.00 a.m. Paris time (CET)
      • for “listen-only” participants: https://edge.media-server.com/mmc/p/npdpfjyy
        • for investors and financial analysts who wish to take part in the Q&A session, please pre-register on the following link to receive the dial-in information
    • and at 3.00 p.m. Paris time (CET)
      • for “listen-only” participants: https://edge.media-server.com/mmc/p/y5nk6iup
        • for investors and financial analysts who wish to take part in the Q&A session, please pre-register on the following link to receive the dial-in information

    Replays of both calls will be available, from the same links, shortly after the event and for a period of one year.

    All documents relating to this publication will be posted on the Capgemini investor website at https://investors.capgemini.com/en/.

    IMPORTANT NOTICE

    This announcement is for information purposes only and is not intended to and does not constitute or form part of, an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction in contravention of applicable law. In connection with the Transaction, WNS will provide to its shareholders and file with the U.S. Securities and Exchange Commission (the “SEC”) a circular relating to the Transaction (the “scheme document”) and may also file other documents with the SEC.

    The scheme document will contain the full terms and conditions of the Transaction, including details with respect to the WNS shareholder vote in respect of the Transaction and will be sent or otherwise disseminated to WNS’ shareholders and will contain important information about the Transaction and related matters. Any decision in respect of, or other response to, the Transaction should be made only on the basis of the information contained in the scheme document.

    SHAREHOLDERS OF WNS ARE ADVISED TO READ THE SCHEME DOCUMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION.

    The scheme document and other relevant documents may be obtained, free of charge, on the SEC’s website (http://www.sec.gov), when available. WNS’ shareholders may obtain free copies of the scheme document once it is available from WNS by going to WNS’ website at https://www.wns.com.

    PARTICIPANTS IN THE SOLICITATION

    Capgemini, WNS and certain of their respective directors and officers may be deemed participants in the solicitation of proxies of WNS’ shareholders in connection with the Transaction. Additional information regarding the foregoing persons, including their direct and indirect interests, by security holdings or otherwise, will be set forth in the scheme document and other relevant documents to be filed with the SEC. WNS’ shareholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of WNS in WNS’ periodic reports filed with the SEC available on WNS’ website at https://www.wns.com, and regarding the directors and officers of Capgemini in Capgemini’s most recent Universal Registration Document (Document d’Enregistrement Universel) available on Capgemini’s website (https://www.capgemini.com/us-en/).

    FORWARD LOOKING STATEMENTS

    Certain information in this announcement, as well as oral statements made regarding the Transaction, and other information published by WNS, Capgemini or any member of the Capgemini Group contain statements which are, or may be deemed to be “forward-looking statements”, including, but not limited to, the acceleration of Capgemini and WNS’ growth and the value-additive nature of the Transaction for Capgemini shareholders. The words “anticipates”, “expects”, “believes”, “intends, “estimates”, “plans”, “projects”, “may”, “would”, “will”, “should”, “continue”, or the negative of these terms and similar expressions are intended to identify forward-looking statements. Such forward looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the environment in which Capgemini, any member of the Capgemini Group, including WNS and its subsidiaries following the Transaction (“Post-Transaction Group”) shall operate in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. The forward looking statements contained in this announcement relate to Capgemini, any member of the Capgemini Group or the Post-Transaction Group’s future prospects, developments and business strategies, the expected timing and scope of the Transaction and other statements other than historical facts. For a discussion of some of the risks and important factors that could affect such forward-looking statements, please refer, without limitations, to the risks identified in Capgemini’s most recent Universal Registration Document (Document d’Enregistrement Universel) available on Capgemini’s website (https://www.capgemini.com/us-en/). Factors which could have a material adverse effect on the Company’s operations and future prospects include, but are not limited to, the following risks relating to the Transaction, including in respect of the satisfaction of closing conditions to the Transaction on a timely basis or at all, including the ability to obtain required regulatory approvals and the required scheme shareholder approval; unanticipated difficulties and/or expenditures relating to the Transaction and any related financing; uncertainties as to the timing of the Transaction; litigation relating to, or other challenges to, the Transaction; the impact of the Transaction on each company’s business operations (including the threatened or actual loss of employees, clients or suppliers); the inability to obtain, or delays in obtaining cost savings and synergies from the Transaction; incurrence of unexpected costs and expenses in connection with the Transaction; risks related to changes in the financial, equity and debt markets; and risks related to political, economic and market conditions. In addition, the risks to which WNS’ business is subject, including those risks described in WNS’ periodic reports filed with the SEC, could adversely affect the Transaction and, following the completion of the Transaction, the Company’s operations and future prospects. New risks and uncertainties emerge from time to time, and it is not possible for Capgemini and WNS to predict or assess the impact of every factor that may cause actual results to differ from those contained in any forward-looking statements.

    Specifically, statements of estimated cost savings and synergies relate to future actions and circumstances which, by their nature involve, risks, uncertainties and contingencies. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than estimated, or those achieved could be materially different from those estimated. Due to the scale of the Post-Transaction Group, there may be additional changes to the Post-Transaction Group’s operations. As a result, and given the fact that the changes relate to the future, the resulting cost synergies may be materially greater or less than those estimated.

    Forward-looking statements contained herein are only based upon currently available information and speak only as of the date of this announcement, and Capgemini expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Capgemini’s expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

    Past performance is not a reliable indicator of future results and should not be relied upon for any reason.

    The anticipated financial impact of the acquisition of WNS and any references to future financial performance should not be viewed as management guidance. Actual results may differ from the statements set forth herein and such differences may be material.

    ABOUT CAPGEMINI

    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

    Get the Future You Want | www.capgemini.com

    ABOUT WNS

    WNS is a digital-led business transformation and services company. WNS combines deep domain expertise with talent, technology, and AI to co-create innovative solutions for over 600 clients across various industries. WNS delivers an entire spectrum of solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of March 31, 2025, WNS had 64,505 professionals across 64 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, Malaysia, the Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the United Kingdom, and the United States.

    For more information, visit www.wns.com

    1 Volume-weighted average
    2 Net financial debt of WNS was negligible as at March 31, 2025
    3 Clients of WNS based on public domain information
    4 WNS fiscal year ends March 31. Last 3 fiscal years end March 2025.
    5 Revenue represents revenue less repair payments
    6 WNS “Adjusted operating profit” restated to expense amortization of intangible assets (software) above operating margin to conform to Capgemini’s definition of operating margin.
    7 See https://ir.wns.com/news-releases/news-release-details/wns-acquires-kipiai-expand-data-analytics-ai-capabilities
    8 Including considerations to be paid in connection with Restricted Share Units

    Attachment

    The MIL Network –

  • MIL-OSI Submissions: Australia – Albanese Government Must Act, CSIRO Research Fuels Calls for Deep Sea Mining Moratorium

    Source: Deep Sea Mining Campaign

    As the peak international body on deep sea mining begins a three-week meeting, CSIRO has released a series of reports commissioned by mining proponent The Metals Company (TMC) that underscore the severe environmental risks and scientific uncertainty surrounding the dangerous industry.

    The findings confirm international consensus; the deep ocean is too poorly understood to proceed with deep sea mining safely or responsibly, prompting major environmental organisations to call on the Albanese Government to support a moratorium.

    The timing of the CSIRO reports appears to align with what was, until recently, TMC’s plan to submit an application to the ISA on June 27 – plans the company has now abandoned in favour of a controversial U.S. based pathway via a dormant 1980s law and enabled by the Trump administration. 

    Pressure is mounting on the Albanese Government to adopt a precautionary stance supporting a moratorium at the ISA in line with many of its major partners, including the UK, Canada, France, Germany and New Zealand. Currently, 37 countries back a deep sea mining moratorium.

    TMC continues to apply pressure on international regulators to accelerate approvals for this high-risk untested industry. With a state-funded agency producing research likely to be used to legitimise mining in international waters, ocean advocates are calling on the Albanese Government to direct CSIRO to take no further actions on behalf of TMC. 

    The CSIRO reports confirm the likely damage to the seafloor and to the marine environment that civil society, Indigenous Pacific communities, and independent scientists have warned about; deep sea mining is too destructive and there is too much uncertainty to proceed. 

    “These findings echo the concerns we’ve heard right across the Pacific region – that the deep ocean is a highly complex, precious environment, and that accelerating deep sea mining would be dangerous,” said Phil McCabe, Pacific Regional Coordinator at the Deep Sea Conservation Coalition.

    There remains a severe lack of real-world data about deep sea ecosystems – particularly in relation to the long-term environmental impacts and the risk of toxic pollution entering the food chain. Scientists warn that many of these impacts are likely to be irreversible in human timeframes. The CSIRO reports acknowledge the potential for heavy metals to bioaccumulate in marine life, including tuna, swordfish, whales, and dolphins. 

    “We’ve seen this before; traffic light systems, digital twin technology, adaptive management systems – all designed to give the illusion of sustainable management,” said Dr. Helen Rosenbaum, Research Coordinator at the Deep Sea Mining Campaign. “When the science is this uncertain, the only responsible signal is red.”

    TMC’s recent decision to abandon its application to the ISA and instead issue permits through a dormant U.S. law has been widely condemned by governments and legal experts as a direct challenge to international law and multilateralism. The move undermines the ISA’s authority just as states prepare to negotiate key regulations. 

    “Australia’s credibility is on the line,” said Duncan Currie, International Lawyer and advisor to the Deep Sea Conservation Coalition. “CSIRO’s involvement with The Metals Company (TMC) risks implicating Australia in their attempt to sidestep international governance. The Albanese Government must now draw a clear line; support a moratorium at the International Seabed Authority, and ensure CSIRO takes no further action on TMC’s behalf.”

    “At the ISA, a moratorium or precautionary pause on deep sea mining is the only viable path to protecting the deep sea,” said Shiva Gounden, Head of Pacific at Greenpeace Australia Pacific. “Delegates at the ISA must listen to the science and the voices of Pacific nations and back a moratorium to stop deep sea mining before it starts.”

    The Deep Sea Mining Campaign, Deep Sea Conservation Coalition, Greenpeace Australia Pacific, and Surfrider Australia call on the Albanese Government to announce its support for a Moratorium at the upcoming ISA meeting in Jamaica; and direct CSIRO to take no further actions on behalf of TMC.

    MIL OSI – Submitted News –

  • MIL-OSI Australia: ACT firefighters deployed to support Canada’s wildfire response

    Source: Northern Territory Police and Fire Services

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 26/06/2025

    15 firefighters from ACT Parks & Conservation Service (ACTPCS) and 5 firefighters from the ACT Rural Fire Service (ACTRFS) are leaving for Canada today to assist with wildfires burning throughout the country.

    The firefighters will be based in the province of Alberta for 38 days helping to control and put out wildfires. There are currently over 290 fires burning this severe wildfire season in Canada and over 50 of these are in Alberta. Australian firefighters have been deployed in Canada since 12 June 2025, and this group leaving today is the first ACT contingent.

    Minister for Police, Fire and Emergency Services, Dr Marisa Paterson, is proud to see ACT firefighters giving up their time to help our friends overseas.

    “The past year has been a busy one for our ACT emergency services as they’ve responded to incidents across Australia. The deployment of ACT personnel to Canada is a powerful reflection of our people’s unwavering commitment to helping communities in need, wherever and whenever they’re called upon.”

    “I would like to wish all our firefighters departing today a safe journey. I look forward to hearing about their experiences and the valuable insights gained upon their return.”

    Quotes attributable to ACTRFS Chief Officer, Rohan Scott

    “Australia and Canada share a strong resource sharing relationship. ACT firefighters have been supporting Canadian wildfire efforts since 2016 and in return, Canada stood with us during the devastating Black Summer bushfires of 2019-2020.

    “Having just returned from visiting the aftermath of the Los Angeles fires, it is clear to me both North America and Australia can benefit from shared experiences and lessons learned. I look forward to seeing what our firefighters learn in Canada during this deployment that can impact how we prepare for and tackle bushfires here in Australia.”

    Quotes attributable to ACTPCS Director of Operations, Ailish Milner

    “The ACT Parks and Conservation Service is honoured to support Canada by sending our crews alongside the ACT Rural Fire Service to join the Canadian firefighting effort.

    “ACT firefighters have a proud history of supporting our international colleagues, joining multiple deployments overseas, including to Canada, over the past decade. Our skilled and experienced firefighters will provide Canada with much-needed relief during their difficult fire season.

    “Thank you to the crews deployed today who are really going above and beyond to will help protect life, environment and property abroad.”

    – Statement ends –

    Marisa Paterson, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News –

  • Trump says US nears trade deals as tariff deadline delayed

    Source: Government of India

    Source: Government of India (4)

    The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, with the higher rates set to take effect on August 1.

    Since taking office, Trump has set off a global trade war that has roiled financial markets and sent policymakers scrambling to protect their economies, through efforts such as deals with the United States and other countries.

    In April Trump unveiled a base tariff rate of 10% on most countries and additional duties of up to 50%, but later gave a three-week reprieve until Wednesday for all but 10% of them.

    Trump, whose remarks to reporters on Sunday came just before his return to Washington from a weekend golfing in New Jersey, had flagged the August 1 date earlier, but it was unclear if all tariffs would increase then.

    Asked to clarify, Commerce Secretary Howard Lutnick told reporters the higher tariffs would take effect on August 1, but Trump was “setting the rates and the deals right now.”

    In a posting on his Truth Social website, Trump later said the U.S. would start delivering tariff letters from 12:00 pm ET (1600 GMT) on Monday.

    In a separate post, he rolled out a wholly new tariff policy, calling for countries “aligning themselves with the Anti-American policies” of the BRICS developing nations to be charged an extra 10% tariff, with no exceptions to be granted.

    The first BRICS summit in 2009 was attended by leaders from Brazil, China, India and Russia, with South Africa joining later while Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates were included last year.

    Trump has close ties to leaders of some of those countries, such as Saudi Arabia and UAE, and has been touting the prospect of a trade deal with India for weeks.

    On Sunday, BRICS leaders condemned attacks on Gaza and Iran, called for reforms to global institutions and warned that the rise in tariffs threatened global trade.

    It was not immediately clear if Trump’s tariff threat would derail trade talks with India, Indonesia and other BRICS nations, however.

    Earlier on Sunday, U.S. Treasury Secretary Scott Bessent told CNN’s “State of the Union” that several big trade agreements would be announced in the next days, adding that European Union talks had made good progress.

    Trump would also send letters to 100 smaller countries with which the United States does not have much trade, notifying them of higher tariff rates, he added.

    “President Trump’s going to be sending letters to some of our trading partners saying that if you don’t move things along, then on August 1 you will boomerang back to your April 2 tariff level,” Bessent said.

    “So I think we’re going to see a lot of deals very quickly.”

    Kevin Hassett, who heads the White House National Economic Council, told CBS’s “Face the Nation” program there might be wiggle room for countries engaged in earnest negotiations.

    “There are deadlines, and there are things that are close, and so maybe things will push back past the deadline,” Hassett said, adding that Trump would decide.

    ‘I HEAR GOOD THINGS’

    Stephen Miran, chairman of the White House Council of Economic Advisers, told ABC News’ “This Week” program that countries needed to make concessions to get lower tariff rates.

    “I hear good things about the talks with Europe. I hear good things about the talks with India,” Miran said. “And so I would expect that a number of countries that are in the process of making those concessions … might see their date rolled.”

    Bessent told CNN the Trump administration was focused on 18 important trading partners that account for 95% of the U.S. trade deficit. But he said there had been “a lot of foot-dragging” among countries in finalizing trade deals.

    Thailand, keen to avert a 36% tariff, is now offering greater market access for U.S. farm and industrial goods and more purchases of U.S. energy and Boeing BA.N jets, Finance Minister Pichai Chunhavajira told Bloomberg News on Sunday.

    India and the United States are likely to make a final decision on a mini trade deal in the next 24 to 48 hours, local Indian news channel CNBC-TV18 reported on Sunday, with average tariffs of 10% on Indian goods shipped to the U.S., it said.

    Hassett told CBS News that framework agreements already reached with Britain and Vietnam offered guidelines for other countries. He said Trump’s pressure was prompting countries to move production to the United States.

    The Vietnam deal was “fantastic,” Miran said.

    “It’s extremely one-sided. We get to apply a significant tariff to Vietnamese exports. They’re opening their markets to ours, applying zero tariff to our exports.”

    (Reuters)

  • PM Modi welcomes Indonesia as full BRICS member at 17th Summit in Brazil

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday welcomed Indonesian President Prabowo Subianto as a full member of BRICS during the 17th BRICS Summit held in Brazil, the Ministry of External Affairs (MEA) said.

    MEA Secretary (Economic Relations) Dammu Ravi, addressing a special media briefing on PM Modi’s visit, highlighted that Brazilian President Luiz Inácio Lula da Silva attached great importance to Modi’s participation at the summit.

    “Today was a full-day programme with three sessions, a working lunch, and several bilateral and pull-aside meetings. The Honourable Prime Minister thanked President Lula for his warm hospitality and welcomed the Indonesian President for joining BRICS as a full member,” Ravi said.

    Ravi underlined that PM Modi’s presence carried added significance as India is a founding member of BRICS and is set to assume the group’s chairmanship next year.

    “The Prime Minister’s visit elevated the entire summit. It reflects the value President Lula placed on India’s role and the fact that India will take over the chair next year,” he added.

    This year’s summit comes amid rapidly evolving global dynamics. “The theme of Brazil’s 17th BRICS Summit is ‘Strengthening Global South Cooperation for Inclusive and Sustainable Governance,’” Ravi said.

    He noted the scale of participation this year, with 11 permanent members, nine partner countries, eight invitee nations and seven heads of international organisations attending the summit.

    Meanwhile, the Indian Embassy in Indonesia posted on X, “PM Modi and President Prabowo among world leaders at the BRICS Summit 2025 in Brazil — strengthening India-Indonesia ties on the global stage.”

    (ANI)

  • MIL-OSI USA: TOMORROW: Governor Newsom to join federal, state, and local leaders to recognize six-month anniversary of Los Angeles firestorms

    Source: US State of California Governor

    Jul 6, 2025

    LOS ANGELES COUNTY — Governor Gavin Newsom and First Partner Jennifer Siebel Newsom will be joined by federal, state and local leaders to recognize the six month anniversary of the devastating firestorms that hit Los Angeles, as well as the progress made and steps being taken to rebuild and restore the communities affected.

    WHEN: Monday, July 7, at approximately 11:45 a.m.

    LIVESTREAM:  Governor’s Twitter page, Governor’s Facebook page, and the Governor’s YouTube page. This event will also be available to TV stations on the LiveU Matrix under “California Governor.”

    NOTE: This in-person press event will be open to credentialed media only. Media interested in attending must RSVP by clicking here no later than 10 a.m., July 7. Location information will be provided upon confirmation.

    Media advisories, Recent news

    Recent news

    Jul 4, 2025

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring July 4, 2025, as “Independence Day” in the State of California.The text of the proclamation and a copy can be found below: PROCLAMATIONEach year on the Fourth of July, we…

    Jul 3, 2025

    News SACRAMENTO – A day after announcing California has more than doubled its Film and Television Tax Credit Program, Governor Gavin Newsom today signed legislation to further strengthen the state’s commitment to film and television production:AB 1138 by…

    Jul 3, 2025

    News What you need to know: As we approach the Fourth of July holiday and weekend, California is taking steps to keep communities safe during festivities by increasing outreach and highlighting resources. Sacramento, California — As Californians gear up to celebrate…

    MIL OSI USA News –

  • MIL-OSI USA: TOMORROW: Governor Newsom to join federal, state, and local leaders to recognize six-month anniversary of Los Angeles firestorms

    Source: US State of California Governor

    Jul 6, 2025

    LOS ANGELES COUNTY — Governor Gavin Newsom and First Partner Jennifer Siebel Newsom will be joined by federal, state and local leaders to recognize the six month anniversary of the devastating firestorms that hit Los Angeles, as well as the progress made and steps being taken to rebuild and restore the communities affected.

    WHEN: Monday, July 7, at approximately 11:45 a.m.

    LIVESTREAM:  Governor’s Twitter page, Governor’s Facebook page, and the Governor’s YouTube page. This event will also be available to TV stations on the LiveU Matrix under “California Governor.”

    NOTE: This in-person press event will be open to credentialed media only. Media interested in attending must RSVP by clicking here no later than 10 a.m., July 7. Location information will be provided upon confirmation.

    Media advisories, Recent news

    Recent news

    Jul 4, 2025

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring July 4, 2025, as “Independence Day” in the State of California.The text of the proclamation and a copy can be found below: PROCLAMATIONEach year on the Fourth of July, we…

    Jul 3, 2025

    News SACRAMENTO – A day after announcing California has more than doubled its Film and Television Tax Credit Program, Governor Gavin Newsom today signed legislation to further strengthen the state’s commitment to film and television production:AB 1138 by…

    Jul 3, 2025

    News What you need to know: As we approach the Fourth of July holiday and weekend, California is taking steps to keep communities safe during festivities by increasing outreach and highlighting resources. Sacramento, California — As Californians gear up to celebrate…

    MIL OSI USA News –

  • MIL-OSI China: ‘World’s supermarket’ embraces foreign trade talents

    Source: People’s Republic of China – State Council News

    A merchant (L, front) from Nepal watches dragon dance performance outside the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    In a city long famed as the “world’s supermarket,” foreign businesspeople are no longer just visitors — they are being officially recognized as vital drivers of China’s future development.

    Yiwu City, a bustling hub in east China’s Zhejiang Province that trades with over 230 countries and regions, has launched China’s first standardized system for formally certifying foreign trade talents.

    The pilot program, launched in June, marks a shift away from traditional talent criteria that focus solely on education or technical credentials, instead rewarding foreign entrepreneurs for their real-world business contributions.

    Under the new guidelines, any foreign national with a valid work permit and a registered company in Yiwu can be classified as A or B-level talent if they meet key performance metrics, such as import-export volume, job creation, or long-term local operations.

    B-level talent now enjoys two- to four-year work permits, rather than having to renew them annually. At the same time, A-level recognition offers five-year permits, along with priority services and faster approvals.

    “Foreign businesses and investors are essential participants in China’s modernization,” said Wang Liqin, head of the talent and cooperation section at Yiwu’s science and technology bureau. “This pilot program offers institutional support for their entrepreneurship and serves as a model of high-quality development in trade and foreign investment.”

    As of late June, over 609 foreign businesspeople in Yiwu had been certified under the program, part of a community of more than 8,600 foreign work permit holders that makes Yiwu the top city in Zhejiang for foreign employment.

    Yiwu’s decision to pioneer this reform reflects its long-standing international DNA. On any given day, more than 28,000 foreign merchants work in the city, a density unmatched in most of China.

    For Sakhi Brahim, a Moroccan businessman who first learned about China at a Confucius Institute back home, Yiwu represents the ideal place to build a career bridging cultures.

    “Foreigners are afraid of miscommunication,” he said. “So I decided to be that bridge.”

    Brahim arrived in Yiwu in 2013 after studying at Beijing International Studies University. He now runs a kitchenware export business while helping Moroccan clients understand the Chinese market and ensuring local suppliers profit.

    “The work opportunities here are very good. Even getting a driver’s license is easy — they offer the theory test in Arabic,” said Brahim.

    Brahim credits the city’s infrastructure, openness, and new certification system for creating a foundation of trust. “It shows they recognize our contribution. That trust is why I can succeed here,” he said.

    Nidal R.A. Sabarneh, who calls himself “Ni Dale” in China — a name he chose to express his hope that the support and opportunities he finds in China can reach his homeland, Palestine — also found a professional home in Yiwu.

    Born in 1994, he was inspired by his father’s trade trips to China and chose to study international economics at Wuhan University, central China’s Hubei Province.

    He arrived in Yiwu in 2016 and now runs his own company that sells automotive repair tools. His supply network includes over 80 factories across Zhejiang.

    “Honestly, if it wasn’t Yiwu, a modern, open trade city, I doubt I could get so many factories to work with me,” he said.

    His products reach 36 countries, with demand rising thanks to China’s own booming new energy vehicle exports. Yet for him, Yiwu’s greatest advantage is security.

    “My home is in a war zone. I’ve traveled to many countries, and China is the safest place I know. That security is what allows us to do business,” he said.

    For Dumaru Bishnuprasad, head of the Nepal-China chamber of commerce and industry in Yiwu, Yiwu has been both a business base and a family home for over two decades. He first arrived in 2002, married a local from Ningbo, and is raising three children in China.

    “Yiwu is a great platform for foreigners,” he said. He pointed to opportunities created by the China-proposed Belt and Road Initiative and the dedicated China-Nepal railway cooperation.

    Bishnuprasad’s businesses encompass trade and logistics, with a focus on selling hardware, stationery and footwear. As chamber head, he often mediates disputes between merchants and suppliers. “Ninety percent of problems can be solved inside the chamber,” he said.

    He also praised Yiwu’s attentiveness to foreign families. “I take my parents to local senior centers and dining halls. It’s convenient and reassuring,” he said.

    As Yiwu deepens its role as a testbed for comprehensive trade reforms, officials say the new talent certification system is only the beginning. Future plans include refining criteria, expanding service support, and sharing lessons with other regions in China.

    For foreign merchants in Yiwu, the new system is not just about paperwork. It represents a formal invitation to build a lasting life in China — a place where trade ties turn into personal connections and foreign investment becomes local development.

    “Yiwu isn’t just a city of small commodities,” Bishnuprasad said. “It’s a city that really takes care of people.”

    MIL OSI China News –

  • MIL-OSI Analysis: We don’t need deep-sea mining, or its environmental harms. Here’s why

    Source: The Conversation – Global Perspectives – By Justin Alger, Associate Professor / Senior Lecturer in Global Environmental Politics, The University of Melbourne

    Potato-sized polymetallic nodules from the deep sea could be mined for valuable metals and minerals. Carolyn Cole / Los Angeles Times via Getty Images

    Deep-sea mining promises critical minerals for the energy transition without the problems of mining on land. It also promises to bring wealth to developing nations. But the evidence suggests these promises are false, and mining would harm the environment.

    The practice involves scooping up rock-like nodules from vast areas of the sea floor. These potato-sized lumps contain metals and minerals such as zinc, manganese, molybdenum, nickel and rare earth elements.

    Technology to mine the deep sea exists, but commercial mining of the deep sea is not happening anywhere in the world. That could soon change. Nations are meeting this month in Kingston, Jamaica, to agree to a mining code. Such a code would make way for mining to begin within the next few years.

    On Thursday, Australia’s national science agency, CSIRO, released research into the environmental impacts of deep-sea mining. It aims to promote better environmental management of deep-sea mining, should it proceed.

    We have previously challenged the rationale for deep-sea mining, drawing on our expertise in international politics and environmental management. We argue mining the deep sea is harmful and the economic benefits have been overstated. What’s more, the metals and minerals to be mined are not scarce.

    The best course of action is a ban on international seabed mining, building on the coalition for a moratorium.

    The Metals Company spent six months at sea collecting nodules in 2022, while studying the effects on ecosystems.

    Managing and monitoring environmental harm

    Recent advances in technology have made deep-sea mining more feasible. But removing the nodules – which also requires pumping water around – has been shown to damage the seabed and endanger marine life.

    CSIRO has developed the first environmental management and monitoring frameworks to protect deep sea ecosystems from mining. It aims to provide “trusted, science-based tools to evaluate the environmental risks and viability of deep-sea mining”.

    Scientists from Griffith University, Museums Victoria, the University of the Sunshine Coast, and Earth Sciences New Zealand were also involved in the work.

    The Metals Company Australia, a local subsidiary of the Canadian deep-sea mining exploration company, commissioned the research. It involved analysing data from test mining the company carried out in the Pacific Ocean in 2022.

    The company has led efforts to expedite deep-sea mining. This includes pushing for the mining code, and exploring commercial mining of the international seabed through approval from the US government.

    In a media briefing this week, CSIRO Senior Principal Research Scientist Piers Dunstan said the mining activity substantially affected the sea floor. Some marine life, especially that attached to the nodules, had very little hope of recovery. He said if mining were to go ahead, monitoring would be crucial.

    We are sceptical that ecological impacts can be managed even with this new framework. Little is known about life in these deep-water ecosystems. But research shows nodule mining would cause extensive habitat loss and damage.

    Do we really need to open the ocean frontier to mining? We argue the answer is no, on three counts.

    How does deep-sea mining work? (The Guardian)

    1. Minerals are not scarce

    The minerals required for the energy transition are abundant on land. Known global terrestrial reserves of cobalt, copper, manganese, molybdenum and nickel are enough to meet current production levels for decades – even with growing demand.

    There is no compelling reason to extract deep-sea minerals, given the economics of both deep-sea and land-based mining. Deep-sea mining is speculative and inevitably too expensive given such remote, deep operations.

    Claims about mineral scarcity are being used to justify attempting to legitimise a new extractive frontier in the deep sea. Opportunistic investors can make money through speculation and attracting government subsidies.

    2. Mining at sea will not replace mining on land

    Proponents claim deep-sea mining can replace some mining on land. Mining on land has led to social issues including infringing on indigenous and community rights. It also damages the environment.

    But deep-sea mining will not necessarily displace, replace or change mining on land. Land-based mining contracts span decades and the companies involved will not abandon ongoing or planned projects. Their activities will continue, even if deep-sea mining begins.

    Deep-sea mining also faces many of the same challenges as mining on land, while introducing new problems. The social problems that arise during transport, processing and distribution remain the same.

    And sea-based industries are already rife with modern slavery and labour violations, partly because they are notoriously difficult to monitor.

    Deep-sea mining does not solve social problems with land-based mining, and adds more challenges.

    Hidden Gem was the world’s first deep-sea mineral production vessel with seabed-to-surface nodule collection and transport systems.
    Photo by Charles M. Vella/SOPA Images/LightRocket via Getty Images

    3. Common heritage of humankind and the Global South

    Under the United Nations Convention on the Law of the Sea, the international seabed is the common heritage of humankind. This means the proceeds of deep-sea mining should be distributed fairly among all countries.

    Deep-sea mining commercial partnerships between developing countries in the Global South and firms from the North have yet to pay off for the former. There is little indication this pattern will change.

    For example, when Canadian company Nautilus went bankrupt in 2019, it saddled Papua New Guinea with millions in debt from a failed domestic deep-sea mining venture.

    The Metals Company has partnerships with Nauru and Tonga but the latest deal with the US creates uncertainty about whether their agreements will be honoured.

    European investors took control of Blue Minerals Jamaica, originally a Jamaican-owned company, shortly after orchestrating its start up. Any profits would therefore go offshore.

    Australian Gerard Barron is Chairman and CEO of The Metals Company, formerly DeepGreen.
    Carolyn Cole / Los Angeles Times via Getty Images

    A wise investment?

    It is unclear whether deep-sea mining will ever be a good investment.

    Multiple large corporate investors have pulled out of the industry, or gone bankrupt. And The Metals Company has received delisting notices from the Nasdaq stock exchange due to poor financial performance.

    Given the threat of environmental harm, the evidence suggests deep-sea mining is not worth the risk.

    Justin Alger receives funding from the Social Sciences and Humanities Research Council of Canada.

    D.G. Webster receives funding from the National Science Foundation in the United States and various internal funding sources at Dartmouth University.

    Jessica Green receives funding from the Social Sciences and Humanities Research Council of Canada.

    Kate J Neville receives funding from the Social Sciences and Humanities Research Council of Canada.

    Stacy D VanDeveer and Susan M Park do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. We don’t need deep-sea mining, or its environmental harms. Here’s why – https://theconversation.com/we-dont-need-deep-sea-mining-or-its-environmental-harms-heres-why-260401

    MIL OSI Analysis –

  • MIL-OSI Analysis: We don’t need deep-sea mining, or its environmental harms. Here’s why

    Source: The Conversation – Global Perspectives – By Justin Alger, Associate Professor / Senior Lecturer in Global Environmental Politics, The University of Melbourne

    Potato-sized polymetallic nodules from the deep sea could be mined for valuable metals and minerals. Carolyn Cole / Los Angeles Times via Getty Images

    Deep-sea mining promises critical minerals for the energy transition without the problems of mining on land. It also promises to bring wealth to developing nations. But the evidence suggests these promises are false, and mining would harm the environment.

    The practice involves scooping up rock-like nodules from vast areas of the sea floor. These potato-sized lumps contain metals and minerals such as zinc, manganese, molybdenum, nickel and rare earth elements.

    Technology to mine the deep sea exists, but commercial mining of the deep sea is not happening anywhere in the world. That could soon change. Nations are meeting this month in Kingston, Jamaica, to agree to a mining code. Such a code would make way for mining to begin within the next few years.

    On Thursday, Australia’s national science agency, CSIRO, released research into the environmental impacts of deep-sea mining. It aims to promote better environmental management of deep-sea mining, should it proceed.

    We have previously challenged the rationale for deep-sea mining, drawing on our expertise in international politics and environmental management. We argue mining the deep sea is harmful and the economic benefits have been overstated. What’s more, the metals and minerals to be mined are not scarce.

    The best course of action is a ban on international seabed mining, building on the coalition for a moratorium.

    The Metals Company spent six months at sea collecting nodules in 2022, while studying the effects on ecosystems.

    Managing and monitoring environmental harm

    Recent advances in technology have made deep-sea mining more feasible. But removing the nodules – which also requires pumping water around – has been shown to damage the seabed and endanger marine life.

    CSIRO has developed the first environmental management and monitoring frameworks to protect deep sea ecosystems from mining. It aims to provide “trusted, science-based tools to evaluate the environmental risks and viability of deep-sea mining”.

    Scientists from Griffith University, Museums Victoria, the University of the Sunshine Coast, and Earth Sciences New Zealand were also involved in the work.

    The Metals Company Australia, a local subsidiary of the Canadian deep-sea mining exploration company, commissioned the research. It involved analysing data from test mining the company carried out in the Pacific Ocean in 2022.

    The company has led efforts to expedite deep-sea mining. This includes pushing for the mining code, and exploring commercial mining of the international seabed through approval from the US government.

    In a media briefing this week, CSIRO Senior Principal Research Scientist Piers Dunstan said the mining activity substantially affected the sea floor. Some marine life, especially that attached to the nodules, had very little hope of recovery. He said if mining were to go ahead, monitoring would be crucial.

    We are sceptical that ecological impacts can be managed even with this new framework. Little is known about life in these deep-water ecosystems. But research shows nodule mining would cause extensive habitat loss and damage.

    Do we really need to open the ocean frontier to mining? We argue the answer is no, on three counts.

    How does deep-sea mining work? (The Guardian)

    1. Minerals are not scarce

    The minerals required for the energy transition are abundant on land. Known global terrestrial reserves of cobalt, copper, manganese, molybdenum and nickel are enough to meet current production levels for decades – even with growing demand.

    There is no compelling reason to extract deep-sea minerals, given the economics of both deep-sea and land-based mining. Deep-sea mining is speculative and inevitably too expensive given such remote, deep operations.

    Claims about mineral scarcity are being used to justify attempting to legitimise a new extractive frontier in the deep sea. Opportunistic investors can make money through speculation and attracting government subsidies.

    2. Mining at sea will not replace mining on land

    Proponents claim deep-sea mining can replace some mining on land. Mining on land has led to social issues including infringing on indigenous and community rights. It also damages the environment.

    But deep-sea mining will not necessarily displace, replace or change mining on land. Land-based mining contracts span decades and the companies involved will not abandon ongoing or planned projects. Their activities will continue, even if deep-sea mining begins.

    Deep-sea mining also faces many of the same challenges as mining on land, while introducing new problems. The social problems that arise during transport, processing and distribution remain the same.

    And sea-based industries are already rife with modern slavery and labour violations, partly because they are notoriously difficult to monitor.

    Deep-sea mining does not solve social problems with land-based mining, and adds more challenges.

    Hidden Gem was the world’s first deep-sea mineral production vessel with seabed-to-surface nodule collection and transport systems.
    Photo by Charles M. Vella/SOPA Images/LightRocket via Getty Images

    3. Common heritage of humankind and the Global South

    Under the United Nations Convention on the Law of the Sea, the international seabed is the common heritage of humankind. This means the proceeds of deep-sea mining should be distributed fairly among all countries.

    Deep-sea mining commercial partnerships between developing countries in the Global South and firms from the North have yet to pay off for the former. There is little indication this pattern will change.

    For example, when Canadian company Nautilus went bankrupt in 2019, it saddled Papua New Guinea with millions in debt from a failed domestic deep-sea mining venture.

    The Metals Company has partnerships with Nauru and Tonga but the latest deal with the US creates uncertainty about whether their agreements will be honoured.

    European investors took control of Blue Minerals Jamaica, originally a Jamaican-owned company, shortly after orchestrating its start up. Any profits would therefore go offshore.

    Australian Gerard Barron is Chairman and CEO of The Metals Company, formerly DeepGreen.
    Carolyn Cole / Los Angeles Times via Getty Images

    A wise investment?

    It is unclear whether deep-sea mining will ever be a good investment.

    Multiple large corporate investors have pulled out of the industry, or gone bankrupt. And The Metals Company has received delisting notices from the Nasdaq stock exchange due to poor financial performance.

    Given the threat of environmental harm, the evidence suggests deep-sea mining is not worth the risk.

    Justin Alger receives funding from the Social Sciences and Humanities Research Council of Canada.

    D.G. Webster receives funding from the National Science Foundation in the United States and various internal funding sources at Dartmouth University.

    Jessica Green receives funding from the Social Sciences and Humanities Research Council of Canada.

    Kate J Neville receives funding from the Social Sciences and Humanities Research Council of Canada.

    Stacy D VanDeveer and Susan M Park do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. We don’t need deep-sea mining, or its environmental harms. Here’s why – https://theconversation.com/we-dont-need-deep-sea-mining-or-its-environmental-harms-heres-why-260401

    MIL OSI Analysis –

  • MIL-OSI Analysis: Ageing bridges around the world are at risk of collapse. But there’s a simple way to safeguard them

    Source: The Conversation – Global Perspectives – By Andy Nguyen, Senior Lecturer in Structural Engineering, University of Southern Queensland

    The Story Bridge, with its sweeping steel trusses and art deco towers, is a striking sight above the Brisbane River in Queensland. In 2025, it was named the state’s best landmark. But more than an icon, it serves as one of the vital arteries of the state capital, carrying more than 100,000 vehicles daily.

    But a recent report revealed serious structural issues in the 85-year-old bridge. These included the deterioration of concrete, corrosion and overloading on pedestrian footpaths.

    The findings prompted an urgent closure of the footpath for safety reasons. They also highlighted the urgency of Brisbane City Council’s planned bridge restoration project.

    But this example – and far more tragic ones from around the world in recent years – have also sparked a broader conversation about the safety of ageing bridges and other urban infrastructure. A simple, proactive step known as structural health monitoring can help.

    A number of collapses

    In January 2022, the Fern Hollow Bridge in Pittsburgh, Pennsylvania, in the United States collapsed and injured several people. This collapse was caused by extensive corrosion and the fracturing of a vital steel component. It stemmed from poor maintenance and failure to act on repeated inspection recommendations. These problems were compounded by inadequate inspections and oversight.

    Three years earlier, Taiwan’s Nanfang’ao Bridge collapsed. Exposure to damp, salty sea air had severely weakened its suspension cables. Six people beneath the bridge died.

    In August 2018, Italy’s Morandi Bridge fell, killing 43 people. The collapse was due to corrosion in pre-stressed concrete and steel tendons. These factors were worsened by inspection and maintenance challenges.

    In August 2007, a bridge in the US city of Minneapolis collapsed, killing 13 people and injuring 145. This collapse was primarily due to previously unnoticed problems with the design of the bridge. But it also demonstrated how ageing infrastructure, coupled with increasing loads and ineffective routine visual inspections, can exacerbate inherent weaknesses.

    A technology-driven solution

    Structural health monitoring is a technology-driven approach to assessing the condition of infrastructure. It can provide near real-time information and enable timely decision-making. This is crucial when it comes to managing ageing structures.

    The approach doesn’t rely solely on occasional periodic inspections. Instead it uses sensors, data loggers and analytics platforms to continuously monitor stress, vibration, displacement, temperature and corrosion on critical components.

    This approach can significantly improve our understanding of bridge performance compared to traditional assessment models. In one case, it updated a bridge’s estimated fatigue life – the remaining life of the structure before fatigue-induced failure is predicted to occur– from just five years to more than 52 years. This ultimately avoided unnecessary and costly restoration.

    Good structural health-monitoring systems can last several decades. They can be integrated with artificial intelligence techniques and bridge information modelling to develop digital twin-based monitoring platforms.

    The cost of structural health monitoring systems varies by bridge size and the extent of monitoring required. Some simple systems can cost just a few thousand dollars, while more advanced ones can cost more than A$300,000.

    These systems require ongoing operational support – typically 10% to 20% of the installation cost annually – for data management, system maintenance, and informed decision-making.

    Additionally, while advanced systems can be costly, scalable structural health monitoring solutions allow authorities to start small and expand over time.

    A model for proactive management

    The design of structural health monitoring systems has been incorporated into new large-scale bridge designs, such as Sutong Bridge in China and Governor Mario M. Cuomo Bridge in the US.

    But perhaps the most compelling example of these systems in action is the Jacques Cartier Bridge in Montreal, Canada.

    Opened in 1930, it shares design similarities with Brisbane’s Story Bridge. And, like many ageing structures, it faces its own challenges.

    Opened in 1930, the Jacques Cartier Bridge in Montreal, Canada, shares design similarities with Brisbane’s Story Bridge.
    Pinkcandy/Shutterstock

    However, authorities managing the Jacques Cartier Bridge have embraced a proactive approach through comprehensive structural health monitoring systems. The bridge has been outfitted with more than 300 sensors.

    Acoustic emission monitoring enables early detection of micro-cracking activity, while long-term instrumentation tracks structural deformation and dynamic behaviour across key spans.

    Satellite-based radar imagery adds a remote, non-intrusive layer of deformation monitoring, and advanced data analysis ensures that the vast amounts of sensor data are translated into timely, actionable insights.

    Together, these technologies demonstrate how a well-integrated structural-health monitoring system can support proactive maintenance, extend the life of ageing infrastructure – and ultimately improve public safety.

    A way forward for Brisbane – and beyond

    The Story Bridge’s current challenges are serious, but they also present an opportunity.

    By investing in the right structural health monitoring system, Brisbane can lead the way in modern infrastructure management – protecting lives, restoring public confidence, preserving heritage and setting a precedent for cities around the world.

    As climate change, urban growth, and ageing assets put increasing pressure on our transport networks, smart monitoring is no longer a luxury – it’s a necessity.

    Andy Nguyen receives funding from the Queensland government, through the Advance Queensland fellowship. He is on the executive committee of Australian Network of Structural Health Monitoring.

    – ref. Ageing bridges around the world are at risk of collapse. But there’s a simple way to safeguard them – https://theconversation.com/ageing-bridges-around-the-world-are-at-risk-of-collapse-but-theres-a-simple-way-to-safeguard-them-260005

    MIL OSI Analysis –

  • MIL-OSI Submissions: Australia – Green approach to increase wastewater recycling in regional towns – Flinders

    Source: Flinders University

    Rising rural populations, drought and climate change are making water scarcity a problem in country townships – with more efficient handling of sewage system wastewater part of the solution.

    Pioneered by Flinders University environmental health experts, local councils in South Australia are operating sustainable energy-efficient sewage treatment operations with low-cost high-rate algal pond (HRAP) systems.

    Now new research led by Flinders University is investigating improved effluent treatment and biosolids removal with ‘sequencing batch reactors’ – or low-cost ‘SBR-HRAP’ technology field trials – installed at SA Water’s Angaston wastewater treatment plant in the Barossa Valley.

    The good news is that the newer systems under development can work better and faster without major capital expense – due to the latest research of new approaches to bio-processing inside them, says Professor Howard Fallowfield, from the College of Science and Engineering at Finders University.

    The SBR techniques under development involve a new kind of algae and improved removal of waste from the water, for better quality non-potable water for use in parks, gardens, sporting fields and other purposes.

    “Supported by SA Water and the ARC Biofilm Research and Innovation Centre at Flinders, we are trialling selective enrichment of algal-bacterial combinations to produce higher quality treated effluent,” says Professor Fallowfield.

    “Using wastewater from the Angaston community, our six pilot-scale HRAP tanks will compare the performance of these improved processes against the original HRAP operations.”

    Large high-rate algal pond systems, which have been treating wastewater at local council-owned facilities near Kingston-on-Murray (since 2013) and Peterborough (since 2018) in South Australia, use low-energy paddlewheels to move township and business organic waste along shallow channels where harmless green microalgae and bacteria remove pathogens and contaminants.

    PhD candidate Felipe Sabatté, who has used a native freshwater filamentous algal population to produce higher quality clarified treated effluent, says the latest developments will be scaled up in the Angaston field trials.

    “While high-rate algal ponds are an accepted method of wastewater treatment, particularly for regional and rural communities, they utilise microalgae which are difficult to remove from the treated wastewater leading to unacceptably high suspended solids in the discharge,” says Mr Sabatté.

    “These larger filamentous algae offer the prospect of easier separation from the treated wastewater, significantly improving treated effluent quality.”

    The outcome of this research provides a new operational strategy for wastewater HRAPs, particularly for the benefit of regional and rural communities challenged with water restrictions and to help meet UN SDG6 (clean water and sanitation) targets in the long run, he says.

    See more, ‘High-rate algal ponds operated as sequencing batch reactors: Towards wastewater treatment with filamentous algae’ (2025) by Felipe Sabatté, Ryan Baring and Howard Fallowfield, just published in the Journal of Applied Phycology – DOI: 10.1007/s10811-025-03545-6

    First published 13 June 2025 – https://doi.org/10.1007/s10811-025-03545-6

    This research was conducted by the Australian Research Council Industrial Transformation Training Centre for Biofilm Research and Innovation and funded by the Australian Government.

    Also at the Angaston trial site, Flinders ARC Biofilm Research and Innovation Centre PhD researcher Sam Butterworth is investigating how to use this new technology to develop dense, algae-bacterial granules, which can be more readily removed from wastewater and to potentially reduce phosphorus levels.

    “Algae-bacterial granule formation is a positive way for biofilms to form dense, fast-settling biomass and improve treated wastewater quality,” says Mr Butterworth.

    “Using microalgae in high-rate algal ponds is increasingly seen as a better alternative to other wastewater treatment systems, such as activated sludge,” he says.

    Traditional wastewater treatment methods can use more energy and water and can be less sustainable due to higher greenhouse gas emissions.

    An independent validation of the HRAP projects approved the treated wastewater to be used for non-food crop irrigation. For example, the Kingston-on-Murray ponds supply reuse water to irrigate a woodlot, and the ponds in Peterborough provide reuse water for a golf course and a sports field.

    Working with industry, the Flinders University ARC Training Centre for Biofilm Research and Innovation is working on a range of sustainable and environmentally friendly research solutions. See more at the website and https://youtu.be/FbWhd-lc9z0?si=pCnUqEaDDlymcDRF

    Acknowledgements: This research was conducted by the Australian Research Council Industrial Transformation Training Centre for Biofilm Research and Innovation (project number IC2201000003).

    MIL OSI – Submitted News –

  • BRICS: Indonesia joins as full member, 10 countries welcomed as partners

    Source: Government of India

    Source: Government of India (4)

    Leaders of the BRICS nations on Sunday welcomed Indonesia as a full member of the group, along with the inclusion of 10 countries — Belarus, Bolivia, Kazakhstan, Nigeria, Malaysia, Thailand, Cuba, Vietnam, Uganda, and Uzbekistan — as partner countries.

    In a joint declaration issued at the 17th BRICS Summit in Rio de Janeiro, the leaders said, “We welcome the Republic of Indonesia as a BRICS member, as well as the Republic of Belarus, the Plurinational State of Bolivia, the Republic of Kazakhstan, the Republic of Cuba, the Federal Republic of Nigeria, Malaysia, the Kingdom of Thailand, the Socialist Republic of Vietnam, the Republic of Uganda, and the Republic of Uzbekistan as BRICS partner countries.”

    The declaration also highlighted key initiatives adopted during the summit, including the BRICS Leaders’ Framework Declaration on Climate Finance, the BRICS Leaders’ Statement on the Global Governance of Artificial Intelligence, and the launch of the BRICS Partnership for the Elimination of Socially Determined Diseases. 

    During the BRICS session on ‘Peace and Security and Reform of Global Governance,’ Prime Minister Narendra Modi emphasised that the expansion demonstrates BRICS’ ability to evolve with changing times. He called for urgent reforms in global institutions such as the United Nations Security Council, the World Trade Organisation (WTO), and Multilateral Development Banks.

    “The expansion of BRICS and the inclusion of new partners reflect its ability to evolve with the times. Now, we must demonstrate the same determination to reform institutions like the UN Security Council, the WTO, and Multilateral Development Banks. In the age of AI, where technology evolves every week, it’s unacceptable for global institutions to go eighty years without reform. You can’t run 21st-century software on 20th-century typewriters,” the Prime Minister said.

    BRICS was originally established as BRIC after the leaders of Russia, India, China, and Brazil met during the G8 Outreach Summit in 2006. The grouping formalised its cooperation with the first BRIC Summit in Russia in 2009. South Africa joined in 2010, expanding the group to BRICS.

    A further expansion took place in 2024 with Egypt, Ethiopia, Iran, and the UAE becoming full members from January 1. Indonesia became a full member in January 2025, while Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan were inducted as BRICS partner countries.

    (ANI)

     

  • MIL-OSI USA: YORK – Governor Shapiro Announces Full Implementation of Medical Licensure Compacts, Reducing Barriers for Health Care Workers

    Source: US State of Pennsylvania

    July 07, 2025 – York, PA

    ADVISORY – YORK – Governor Shapiro Announces Full Implementation of Medical Licensure Compacts, Reducing Barriers for Health Care Workers

    Governor Shapiro Announces Full Implementation of Medical Licensure Compacts, Reducing Barriers for Health Care Workers

    York, PA – Tomorrow, Governor Josh Shapiro will join lawmakers and healthcare providers to announce that Pennsylvania has fully implemented three health care licensure compacts to cut red tape and reduce barriers for qualified, licensed medical professionals.

    These compacts will streamline the application process for the more than 300,000 nurses, nearly 65,000 doctors, and more than 17,000 physical therapists currently licensed in Pennsylvania to provide care in multiple states – and allow licensed providers in other states to easily work in the Commonwealth.

    WHO:
    Governor Josh Shapiro
    Secretary of the Commonwealth Al Schmidt
    Rep. Frank Burns, Chairman of the PA House Professional Licensure Committee
    Patty Donley, Senior VP & Chief Nursing Executive, Wellspan Health
    Stephanie Watkins, Senior VP of Advocacy and Policy, Hospital and Healthsystem Association of Pennsylvania
    Hollis King, Student, Jersey College School of Nursing at Wellspan Health

    WHEN:
    Monday, July 7, 2025, at 11:00 AM

    WHERE:
    Wellspan Education Center
    1409 Williams Rd
    York, PA 17402

    LIVE STREAM:
    pacast.com/live/gov
    governor.pa.gov/live/

    RSVP:
    Press who are interested in attending must RSVP with the names and phone numbers for each member of their team to ra-gvgovpress@pa.gov.

    MIL OSI USA News –

  • BRICS nations support India’s bid to host COP 33; call for stronger climate action

    Source: Government of India

    Source: Government of India (4)

    Leaders of the BRICS nations on Sunday welcomed India’s candidacy to host the 33rd Conference of the Parties (COP 33) of the United Nations Framework Convention on Climate Change (UNFCCC) in 2028.

    In a joint declaration at the 17th BRICS Summit, the leaders said, “We express our full support to the Presidency of the United Nations Framework Convention on Climate Change (UNFCCC) COP-30, which will take place in Belém, Brazil, highlighting the importance of action and cooperation on all pillars of the UNFCCC as applicable, considering each country’s membership and commitments thereunder. We also underscore our full commitment to a successful COP30 that will catalyze progress in implementing the UNFCCC and its Paris Agreement. We welcome India’s candidacy to host COP 33 in 2028.”

    The declaration reiterated the commitment of BRICS countries to remain united in pursuing the goals of the UNFCCC and called on all countries to uphold their existing commitments under the UNFCCC and the Paris Agreement. It urged intensified efforts in mitigation, adaptation, and providing support to developing nations, reflecting equity and the principle of common but differentiated responsibilities.

    The BRICS leaders called for a stronger global response to climate change, linking it to sustainable development and poverty eradication. They endorsed the BRICS Climate Leadership Agenda as a pledge to advance solutions that support development priorities while accelerating implementation of the UNFCCC and the Paris Agreement.

    The joint statement also highlighted the critical role of forests in conserving biodiversity, regulating water cycles, combating desertification, and serving as carbon sinks. It noted the United for Our Forests initiative and India’s proposal to form an international Big Cats Alliance, encouraging cooperation among BRICS countries on conservation efforts.

    The leaders stressed the urgent need to reform the governance of the Global Environment Facility (GEF) to ensure fairer representation and easier access to resources for developing countries, including Indigenous peoples and local communities.

    The declaration praised Brazil’s BRICS Chairship in 2025 and expressed full support for India’s Chairship in 2026 and the hosting of the 18th BRICS Summit.

    Prime Minister Narendra Modi, along with other leaders, attended the 17th BRICS Summit held in Rio de Janeiro on Sunday. Brazil took over the BRICS Chairship on January 1, 2025, under the theme ‘Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.

    ANI

  • BRICS leaders back India, Brazil for bigger UN Security Council role

    Source: Government of India

    Source: Government of India (4)

    Leaders of BRICS nations have reiterated their support for “comprehensive” reform of the United Nations, including its Security Council, to make it more democratic, representative, effective and efficient.

    In a joint declaration at the 17th BRICS Summit in Rio de Janeiro, China and Russia — as permanent members of the UN Security Council — reaffirmed their support for the aspirations of Brazil and India to play a greater role in the UN, including the Security Council.

    “We reiterate our support for a comprehensive reform of the United Nations, including its Security Council, with a view to making it more democratic, representative, effective and efficient, and to increase the representation of developing countries in the Council’s membership so that it can adequately respond to prevailing global challenges and support the legitimate aspirations of emerging and developing countries from Africa, Asia and Latin America, including BRICS countries, to play a greater role in international affairs, in particular in the United Nations, including its Security Council. We recognise the legitimate aspirations of African countries, as reflected in the Ezulwini Consensus and Sirte Declaration,” the declaration said.

    “We stress that United Nations Security Council reform must lead to an amplified voice for the Global South. China and Russia, as permanent members of the UN Security Council, reiterate their support for the aspirations of Brazil and India to play a greater role in the United Nations, including its Security Council,” it added.

    India has long sought a permanent seat in the Security Council to better represent the interests of the developing world. The UNSC comprises 15 member states, including five permanent members with veto power and ten non-permanent members elected for two-year terms.

    BRICS leaders also expressed serious concerns over the rise of unilateral tariffs and non-tariff measures that distort trade and violate World Trade Organization (WTO) rules. They reiterated their support for a rules-based, open, transparent, fair, inclusive, equitable, non-discriminatory, consensus-based multilateral trading system with the WTO at its core, with special and differential treatment (S&D T) for its developing members.

    The bloc recalled commitments made at the 12th WTO Ministerial Conference and reaffirmed at the 13th to work towards the necessary reform of the organisation to ensure its relevance and restore the credibility of the multilateral trading system.

    They expressed commitment to restoring an accessible, effective, fully functioning, two-tier binding WTO dispute settlement system and extended support for Ethiopia and Iran’s bids to join the WTO. The group also welcomed the BRICS Declaration on WTO Reform and Strengthening of the Multilateral Trading System, adopted by trade ministers.

    The leaders condemned the imposition of unilateral coercive measures that violate international law and reiterated that such measures — including unilateral economic sanctions and secondary sanctions — have far-reaching negative impacts on human rights, including the rights to development, health and food security.

    “We call for the elimination of such unlawful measures, which undermine international law and the principles and purposes of the UN Charter. We reaffirm that BRICS member states do not impose or support non-UN Security Council authorised sanctions that are contrary to international law,” the declaration said.

    BRICS leaders also voiced concern over ongoing conflicts in various regions and the current state of polarisation and fragmentation in the global order. They expressed alarm at the increasing global military spending, which they said comes at the cost of financing development in the Global South.

    The BRICS Summit, hosted by Brazil, has brought together leaders from Brazil, Russia, India, China and South Africa, along with new members Egypt, Ethiopia, Iran, the UAE and Indonesia.

    ANI

  • MIL-OSI China: Bayern’s Musiala set for lengthy layoff after horror injury

    Source: People’s Republic of China – State Council News

    Bayern Munich’s Jamal Musiala faces a lengthy spell on the sidelines after suffering a serious ankle injury during his side’s 2-0 FIFA Club World Cup quarterfinal defeat to Paris Saint-Germain.

    Jamal Musiala (R) of FC Bayern Munich passes the ball during the quarterfinal match between Paris Saint-Germain (FRA) and FC Bayern Munich (GER) at the FIFA Club World Cup 2025 at the Mercedes-Benz Stadium, Atlanta, Georgia, the United States, July 5, 2025. (Xinhua/Li Ming)

    The 22-year-old sustained a fibula fracture and multiple torn ligaments in his left ankle following a collision with PSG goalkeeper Gianluigi Donnarumma in Atlanta. The scene left teammates and opponents visibly shaken, and after an agonizing 15-minute deliberation pitchside, Bayern team doctor Peter Hahne and sporting director Christoph Freund confirmed that Musiala would return to Germany for treatment.

    Images of the incident showed Musiala’s ankle bending unnaturally, prompting an emotional reaction from Donnarumma, who broke into tears and knelt on the pitch, covering his face with his gloves. Players from both teams, including Harry Kane, Joshua Kimmich, Michael Olise, Kingsley Coman and PSG defender Willian Pacho, reacted in visible distress as Musiala screamed in pain.

    Musiala’s injury is a significant blow for both Bayern and the Germany national team ahead of the 2026 FIFA World Cup. The midfielder had only recently returned from a muscle injury in April and was making his first start back in the lineup for the tournament in the United States.

    The incident overshadowed Bayern’s defeat and the final appearance of 35-year-old club legend Thomas Muller, who is departing after 25 years with the club.

    Tributes and messages of support flooded social media. Brazilian star Neymar wrote, “Football needs your unique talent; I hope you are back soon,” while new Liverpool signing Florian Wirtz added: “All prayers are with you. Stay strong, buddy.” PSG teammates Achraf Hakimi and Donnarumma also offered public messages of support.

    “It was a highly emotional moment,” Bayern head coach Vincent Kompany said. “At halftime, my blood was boiling.”

    Muller echoed the sentiment. “We’re not robots. You try to stay focused, but we have deep personal connections. He’s been through a lot in recent months.”

    Initial medical assessments suggest Musiala will be out for at least six months. He rejoined his teammates in Orlando after the match and is expected to return to Germany late Sunday local time.

    “He is extremely frustrated,” said Bayern board member Max Eberl. “The Bayern family will be there for him every step of the way on his long road to recovery.”

    MIL OSI China News –

  • MIL-OSI China: Chelsea confirm Jamie Gittens transfer from Dortmund

    Source: People’s Republic of China – State Council News

    Chelsea continued with its movement in the summer transfer market with the club on Saturday announcing the signing of England winger Jamie Gittens from Borussia Dortmund.

    Jamie Bynoe-Gittens (L) of Dortmund vies with Phillipp Steinhart of 1860 Munich during a German Cup first round football match between TSV 1860 Munich and Borussia Dortmund in Munich, Germany, July 29, 2022. (Photo by Philippe Ruiz/Xinhua)

    The 20-year-old Gittens has agreed a contract until the end of June 2032 and has cost an initial 48.5 million pounds (66.25 million U.S. dollars).

    He is the third attacking player to join Chelsea this summer, following Liam Delap from Ipswich and Joao Pedro from Brighton.

    Pedro joined up with Chelsea in the USA earlier this week and will be able to play for the club in the remaining rounds of the FIFA Club World Cup, but Gittens won’t be able to do that as he has already appeared for Dortmund, who plays Real Madrid in the quarter-finals later on Saturday.

    Gittens can play on either wing and he made 107 appearances for Dortmund after joining from Manchester City in 2021.

    “It feels great… It’s a great feeling to join such a big club as Chelsea.”

    “I can’t wait to learn from everyone in the team and to push myself to the max here. It’s an amazing feeling,” Gittens said on the Chelsea website. 

    MIL OSI China News –

  • PM Modi meets Malaysian PM Anwar Ibrahim, Cuba’s President Diaz-Canel on sidelines of BRICS

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday held a bilateral meeting with his Malaysian counterpart, Anwar Ibrahim, on the sidelines of the 17th BRICS summit in Rio de Janeiro, Brazil.

    PM Modi also met Cuba’s President Miguel Diaz-Canel on the sidelines of the summit. External Affairs Minister S. Jaishankar, Foreign Secretary Vikram Misri and other officials were present at the meeting.

    The BRICS Summit, hosted by Brazil, has brought together leaders from Brazil, Russia, India, China and South Africa, along with new members Egypt, Ethiopia, Iran, the UAE and Indonesia.

    Brazil assumed the BRICS Chairship on January 1, 2025, with the theme ‘Strengthening Global South Cooperation for More Inclusive and Sustainable Governance’.

    India will host the 18th BRICS Summit in 2026.

    -ANI

  • Sakshi, Jaismine, Nupur clinch gold as India bags 11 medals at World Boxing Cup Astana 2025

    Source: Government of India

    Source: Government of India (4)

    India’s women boxers led the country’s best-ever show at the World Boxing Cup in Astana on Sunday, with Sakshi (54kg), Jaismine (57kg) and Nupur (80+kg) clinching gold medals to cap off a memorable campaign.

    Sakshi outclassed USA’s Yosline Perez with a unanimous verdict in the women’s 54kg final, while Jaismine edged past Brazil’s Jucielen Cequeira Romeu 4:1 in the 57kg bout. Nupur rounded off the day with a dominant 5:0 win over Kazakhstan’s Yeldana Talipova in the 80+kg final.

    India ended its campaign with 11 medals — three gold, five silver and three bronze — bettering its tally from the first leg in Brazil, where the team won six medals, including one gold.

    Sakshi set the tone for India on the final day with her aggressive approach and quick combination punches to seal the first gold. Jaismine, 23, used her reach smartly to keep her opponent at bay in a close contest before landing clean counters in the final round to pull ahead.

    Nupur, who lost the opening round to the local favourite Talipova, came back strong to dominate the next two rounds with better footwork and sharper attacks.

    Earlier, Meenakshi went down fighting to Kazakhstan’s Nazym Kyzaibay in the 48kg final, losing 2:3.

    Jugnoo (men’s 85kg), Pooja Rani (women’s 80kg), Hitesh Gulia (men’s 70kg) and Abhinash Jamwal (men’s 65kg) settled for silver after finishing second in their respective finals. Jugnoo lost 0:5 to Kazakhstan’s Bekzad Nurdauletov, while Pooja went down by the same margin to Australia’s Eseta Flint. Hitesh lost 0:5 to Brazil’s Kaian Oliveira and Jamwal fell short 2:3 against Yuri Falcao.

    Sanju (women’s 60kg), Nikhil Dubey (men’s 75kg) and Narender (men’s 90+kg) claimed bronze.

    (ANI)

     

  • MIL-OSI China: Chinese premier calls on BRICS to be vanguard in advancing global governance reform

    Source: People’s Republic of China – State Council News

    Chinese premier calls on BRICS to be vanguard in advancing global governance reform

    RIO DE JANEIRO, July 6 — Chinese Premier Li Qiang said Sunday that BRICS countries should strive to become the vanguard in advancing the reform of global governance.

    Li made the remarks when addressing the plenary session of “Peace and Security and Reform of Global Governance” of the 17th BRICS Summit, calling on the bloc to safeguard world peace and tranquility, and promote the peaceful settlement of disputes.

    Leaders of BRICS countries attended the meeting, which was presided by Brazilian President Luiz Inacio Lula da Silva.

    Li said at present, changes unseen in a century are unfolding at an accelerated pace, international rules and order are being severely challenged, and the authority and efficacy of multilateral institutions continue to wane.

    The vision of global governance put forward by Chinese President Xi Jinping, characterized by extensive consultation, joint contribution and shared benefits, has been further demonstrating its contemporary value and practical significance, Li said.

    In face of growing conflicts and differences, it is needed to enhance extensive consultation based on equality and mutual respect; In face of deeply intertwined common interests, it is needed to pursue joint contribution through solidarity; In face of mutually beneficial development opportunities, it is needed to hold an open mind to seek mutual success and shared benefits, said Li.

    As the leading force of the Global South, BRICS countries should uphold independence and self-reliance, demonstrate a sense of responsibility, and play a greater role in building consensus and synergies, Li noted.

    The Chinese premier called on the group to hold fast to morality and justice, and seek fundamental solutions based on the merits of each issue.

    BRICS countries should also focus on development and bolster the drivers of economic growth, said Li, adding that they should actively spearhead development cooperation and tap into the growth potential of emerging sectors.

    Noting that China will establish a China-BRICS research center on new quality productive forces this year, Li also announced a scholarship established for BRICS countries to facilitate talent cultivation in sectors including industry and telecommunication.

    It is essential for BRICS countries to foster inclusiveness and advance exchanges and mutual learning among civilizations, Li said, calling on the countries to act as advocates for the harmonious coexistence of civilizations, striving to ensure diverse civilizations flourish together through mutual reinforcement.

    China stands ready to join hands with other BRICS countries to promote global governance in a more just, equitable, efficient and orderly direction, working collectively to build a better world, he said.

    The meeting adopted the Rio de Janeiro Declaration of the 17th BRICS Summit.

    MIL OSI China News –

  • MIL-OSI USA: 07.06.2025 Sens. Cruz, Cornyn Praise Pres. Trump’s Swift Approval of Major Disaster Declaration for Kerr County

    US Senate News:

    Source: United States Senator for Texas Ted Cruz
    WASHINGTON, D.C. – Today, U.S. Senators Ted Cruz (R-Texas) and John Cornyn (R-Texas) thanked President Donald Trump for his formal approval of Texas Governor Greg Abbott’s request for a federal emergency disaster declaration due to devastating flooding in Kerrville and surrounding areas.
    Sen. Cruz said, “The flooding we are seeing in Central Texas is absolutely devastating. Heidi and I send our heartfelt condolences to all those who have been directly impacted by this natural disaster. We thank President Trump for quickly approving Governor Abbott’s disaster declaration, and Secretary Noem for being on the ground and sending additional personnel to support Texans.
    We urge everyone to heed the warnings from local officials and stay out of harm’s way. We are immensely grateful to the first responders—both in Texas and from across the country—who are risking their own safety to rescue those in need. As Texans, we must remain united in spirit and grit, and support our neighbors as we always do best.”
    Sen. Cornyn said, “The Kerrville community has endured unimaginable devastation, and I thank President Trump for swiftly approving this disaster declaration to ensure every available resource is being utilized in rescue and recovery efforts. Being a Texan doesn’t just describe where you’re from, it describes who your family is, and even in the darkest times, Texans come together to serve one another in a powerful way. As a lifelong Texan and a father of two, my heart breaks for the families who have lost loved ones in this tragedy, and I encourage all Texans and Americans to pray for our state and for the safe return of those who are still missing.”
    BACKGROUND
    Sens. Cruz and Cornyn sent a letter earlier today to Pres. Trump urging the administration to continue surging all available federal resources to Kerr County to assist with ongoing rescue and recovery efforts.
    Click here to read the full letter.

    MIL OSI USA News –