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  • Nearly 70,000 devotees perform Amarnath Yatra in first four days; 8,605 more join today

    Source: Government of India

    Source: Government of India (4)

    Nearly 70,000 pilgrims have undertaken the annual Amarnath Yatra in the first four days since it began on July 3, officials confirmed on Monday. Of these, 21,512 devotees had Darshan at the holy cave shrine on Sunday alone, marking a strong turnout for one of Hinduism’s most sacred pilgrimages.

    Early Monday morning, another batch of 8,605 pilgrims departed from the Bhagwati Nagar Yatri Niwas in Jammu in two escorted convoys bound for the base camps in Kashmir Valley. According to officials, the first convoy comprising 3,486 pilgrims is en route to the Baltal base camp in north Kashmir, while the second convoy, carrying 5,119 Yatris, is heading toward the Nunwan base camp in Pahalgam.

    The Shri Amarnathji Shrine Board (SASB), which manages the pilgrimage, said thousands of pilgrims are also arriving directly at the Baltal and Nunwan base camps to register on the spot and join the Yatra. Officials confirmed that two pilgrims have died of natural causes since the Yatra began.

    This year’s pilgrimage is taking place under tight security arrangements, especially in the wake of the April 22 terror attack in Pahalgam, where 26 civilians were killed by Pakistan-backed terrorists. In response, authorities have deployed an additional 180 companies of Central Armed Police Forces (CAPFs) to reinforce the presence of the Army, CRPF, BSF, SSB, and local police.

    The entire Yatra route, including all transit camps and pilgrim accommodations, has been placed under multi-tiered security cover. The pilgrimage starts at Jammu’s Bhagwati Nagar and proceeds toward the two base camps, eventually leading up to the holy cave shrine located at 3,888 meters in the Himalayas.

    Amid the tense security environment, local residents in Kashmir have come out in full support of the Yatra, continuing a long-standing tradition of hospitality. As the first batch of pilgrims entered the Valley through Qazigund, they were warmly greeted by Kashmiris holding garlands and placards—a symbolic response to the recent acts of terror. On Sunday, locals offered cold drinks and drinking water to pilgrims returning from the Baltal camp. Many Yatris expressed heartfelt gratitude for the love and support shown by the local population.

    The 2025 Amarnath Yatra will continue for 38 days, concluding on August 9, coinciding with Shravan Purnima and Raksha Bandhan. Pilgrims undertake the journey via two traditional routes: the 46-kilometre trek from Pahalgam, passing through Chandanwari, Sheshnag, and Panchtarni, and the shorter 14-kilometre Baltal route, which allows for a same-day return after Darshan.

    This year, helicopter services have been suspended due to security reasons, making the Yatra a wholly ground-based journey.

    At the heart of the Yatra lies the sacred Amarnath cave shrine, which houses a naturally forming ice stalagmite, believed by devotees to represent Lord Shiva. The structure is said to wax and wane with the lunar cycle and symbolizes divine presence.

    (With agencies inputs)

  • Nearly 70,000 devotees perform Amarnath Yatra in first four days; 8,605 more join today

    Source: Government of India

    Source: Government of India (4)

    Nearly 70,000 pilgrims have undertaken the annual Amarnath Yatra in the first four days since it began on July 3, officials confirmed on Monday. Of these, 21,512 devotees had Darshan at the holy cave shrine on Sunday alone, marking a strong turnout for one of Hinduism’s most sacred pilgrimages.

    Early Monday morning, another batch of 8,605 pilgrims departed from the Bhagwati Nagar Yatri Niwas in Jammu in two escorted convoys bound for the base camps in Kashmir Valley. According to officials, the first convoy comprising 3,486 pilgrims is en route to the Baltal base camp in north Kashmir, while the second convoy, carrying 5,119 Yatris, is heading toward the Nunwan base camp in Pahalgam.

    The Shri Amarnathji Shrine Board (SASB), which manages the pilgrimage, said thousands of pilgrims are also arriving directly at the Baltal and Nunwan base camps to register on the spot and join the Yatra. Officials confirmed that two pilgrims have died of natural causes since the Yatra began.

    This year’s pilgrimage is taking place under tight security arrangements, especially in the wake of the April 22 terror attack in Pahalgam, where 26 civilians were killed by Pakistan-backed terrorists. In response, authorities have deployed an additional 180 companies of Central Armed Police Forces (CAPFs) to reinforce the presence of the Army, CRPF, BSF, SSB, and local police.

    The entire Yatra route, including all transit camps and pilgrim accommodations, has been placed under multi-tiered security cover. The pilgrimage starts at Jammu’s Bhagwati Nagar and proceeds toward the two base camps, eventually leading up to the holy cave shrine located at 3,888 meters in the Himalayas.

    Amid the tense security environment, local residents in Kashmir have come out in full support of the Yatra, continuing a long-standing tradition of hospitality. As the first batch of pilgrims entered the Valley through Qazigund, they were warmly greeted by Kashmiris holding garlands and placards—a symbolic response to the recent acts of terror. On Sunday, locals offered cold drinks and drinking water to pilgrims returning from the Baltal camp. Many Yatris expressed heartfelt gratitude for the love and support shown by the local population.

    The 2025 Amarnath Yatra will continue for 38 days, concluding on August 9, coinciding with Shravan Purnima and Raksha Bandhan. Pilgrims undertake the journey via two traditional routes: the 46-kilometre trek from Pahalgam, passing through Chandanwari, Sheshnag, and Panchtarni, and the shorter 14-kilometre Baltal route, which allows for a same-day return after Darshan.

    This year, helicopter services have been suspended due to security reasons, making the Yatra a wholly ground-based journey.

    At the heart of the Yatra lies the sacred Amarnath cave shrine, which houses a naturally forming ice stalagmite, believed by devotees to represent Lord Shiva. The structure is said to wax and wane with the lunar cycle and symbolizes divine presence.

    (With agencies inputs)

  • Initial phase of Bihar’s special intensive revision almost over

    Source: Government of India

    Source: Government of India (4)

    The initial phase of the Special Intensive Revision (SIR) of electoral rolls in Bihar ‘is almost complete’, the Election Commission of India (ECI) said in a statement on Sunday. The process, aimed at updating the electoral rolls, is progressing smoothly with strong ground-level support from electors, officials, and volunteers.

    According to ECI, over 1.69 crore Enumeration Forms — accounting for 21.46% of the total 7.90 crore electors in the state — were received as of 6:00 PM on July 6. Notably, more than 65 lakh forms were collected in the last 24 hours alone. With 19 days still remaining until the July 25 deadline, officials are optimistic about achieving full coverage.

    Uploading of forms is also underway, with 7.25% already digitized. Electors can also submit or upload their filled forms via the ECINET App or the ECI portal.

    A workforce of 77,895 Booth Level Officers (BLOs) is conducting door-to-door visits to assist voters, often capturing live photographs to ease the process. An additional 20,603 BLOs are being appointed to ensure timely completion of the drive. Nearly 4 lakh volunteers — including government staff, NCC cadets, and NSS members — are supporting senior citizens, persons with disabilities, and other vulnerable groups.

    The revision is being carried out strictly in line with SIR guidelines dated June 24, 2025. Draft electoral rolls will be published on August 1, incorporating names from forms received before the July 25 deadline. Any deficiencies can be rectified during the subsequent claims and objections period.

    The extensive effort is being coordinated by 239 Electoral Registration Officers (EROs), 963 Assistant EROs, 38 District Election Officers (DEOs), and the Chief Electoral Officer (CEO) of Bihar. Additionally, 1.54 lakh Booth Level Agents (BLAs) from various political parties are actively supporting the campaign.

    Officials have urged all eligible voters to cooperate and ensure timely submission of forms to maintain the accuracy and integrity of the electoral roll.

     

  • Initial phase of Bihar’s special intensive revision almost over

    Source: Government of India

    Source: Government of India (4)

    The initial phase of the Special Intensive Revision (SIR) of electoral rolls in Bihar ‘is almost complete’, the Election Commission of India (ECI) said in a statement on Sunday. The process, aimed at updating the electoral rolls, is progressing smoothly with strong ground-level support from electors, officials, and volunteers.

    According to ECI, over 1.69 crore Enumeration Forms — accounting for 21.46% of the total 7.90 crore electors in the state — were received as of 6:00 PM on July 6. Notably, more than 65 lakh forms were collected in the last 24 hours alone. With 19 days still remaining until the July 25 deadline, officials are optimistic about achieving full coverage.

    Uploading of forms is also underway, with 7.25% already digitized. Electors can also submit or upload their filled forms via the ECINET App or the ECI portal.

    A workforce of 77,895 Booth Level Officers (BLOs) is conducting door-to-door visits to assist voters, often capturing live photographs to ease the process. An additional 20,603 BLOs are being appointed to ensure timely completion of the drive. Nearly 4 lakh volunteers — including government staff, NCC cadets, and NSS members — are supporting senior citizens, persons with disabilities, and other vulnerable groups.

    The revision is being carried out strictly in line with SIR guidelines dated June 24, 2025. Draft electoral rolls will be published on August 1, incorporating names from forms received before the July 25 deadline. Any deficiencies can be rectified during the subsequent claims and objections period.

    The extensive effort is being coordinated by 239 Electoral Registration Officers (EROs), 963 Assistant EROs, 38 District Election Officers (DEOs), and the Chief Electoral Officer (CEO) of Bihar. Additionally, 1.54 lakh Booth Level Agents (BLAs) from various political parties are actively supporting the campaign.

    Officials have urged all eligible voters to cooperate and ensure timely submission of forms to maintain the accuracy and integrity of the electoral roll.

     

  • MIL-OSI New Zealand: New governance for Health New Zealand

    Source: New Zealand Government

    The Government is today announcing the reestablishment of the Health New Zealand Board, with new appointments to drive its priority of ensuring timely, quality healthcare for all New Zealanders, Health Minister Simeon Brown says.  The re-established Health New Zealand Board will take over from the Commissioner and Deputy Commissioners appointed last year to stabilise the organisation and set a clear direction.  “Under Professor Lester Levy’s leadership as Commissioner, Health New Zealand has delivered a strong financial plan, and a clear Health Delivery Plan is now in place. He is refocusing the organisation on patients and driving progress on the Government’s health targets, which are seeing waitlists reduced,” Mr Brown says.  Professor Levy has been appointed Chair of Health New Zealand for a 12-month term to ensure continuity of leadership. His appointment will maintain momentum on the Government’s health targets and keep the focus firmly on patients. Mr Brown also announced his intention to begin a nomination process later this year for a permanent Chair to take effect from 1 July 2026.  “I have also appointed an experienced team of Board members who will support Health New Zealand to deliver for patients, including the appointment of Dr Andrew Connolly as Deputy Chair. Dr Connolly is an experienced surgeon and clinical director who has also held numerous appointments across Governments, including Chair of the Medical Council, Crown Monitor, and Commissioner on District Health Boards.  “I am also appointing Hamiora Bowkett as a Crown Observer to keep a close watch on performance and support the Board with independent oversight. This role will focus on supporting the Board’s re-establishment and ensuring Health New Zealand delivers on the Government’s health targets. Mr Bowkett will advise me directly, with a particular focus on Health New Zealand’s financial position and the delivery of health targets.” “We’re also tackling one of the biggest barriers to better care – our ageing health infrastructure – by establishing a dedicated Infrastructure Committee to make sure our Government’s significant investment in health infrastructure delivers modern facilities, on time and on budget.  “This is about accountability. Patients care about seeing a doctor sooner, getting their hip surgery faster, being treated in a hospital that works. That’s what these governance changes are designed to achieve.”  The key appointments include: 
     

    Professor Lester Levy, currently Commissioner of Health New Zealand and Chair of the Health Research Council, has been appointed Chair of the Health New Zealand Board for a 12-month term.
    Dr Andrew Connolly, a senior surgeon and clinical leader, is appointed Deputy Chair.
    Board members include Roger Jarrold, Dr Frances Hughes, Parekawhia McLean, Peter McCardle, and Terry Moore.
    Hamiora Bowkett is appointed as Crown Observer to support and monitor Health New Zealand.
    A new Infrastructure Committee, chaired by Dr Margaret Wilsher, will oversee the delivery of critical health projects, supported by experienced members: Mark Binns, James Christmas, Sarah Sinclair, Evan Davies, and Roger Jarrold. 

    “I want to acknowledge the work of Professor Levy as Commissioner, and thank Deputy Commissioners Roger Jarrold, Ken Whelan, and Kylie Clegg for the rapid progress they have made in refocusing Health New Zealand on patients.  “There is still much work to do, and I look forward to working with the Health New Zealand Board to deliver for patients, achieve the Government’s health targets, and continue driving progress on the key priorities I announced in March.  “These changes ensure we have the right people in the right roles to get it done.”  Appointed members will assume their roles on 23 July 2025, when the Commission ends. 

    MIL OSI New Zealand News –

  • MIL-OSI: Roof Financing from 50KLoans: Access New Roof Financing and Roof Financing Near Me, Good or Bad Credit Welcome

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 07, 2025 (GLOBE NEWSWIRE) — 50KLoans, a trusted leader in online personal loan matching, has announced the nationwide launch of a comprehensive roof financing solution for homeowners seeking roof replacement financing regardless of credit history. The new service aims to bridge the gap for families and individuals who need a new roof but may be challenged by upfront costs or less-than-perfect credit.

    As the demand for affordable and flexible roof financing options grows, 50KLoans connects borrowers to a vast network of roofing companies that offer financing and lenders specializing in roofing loans. Homeowners can now access new roof financing from $500 up to $50,000, with repayment terms extending up to 10 years and APRs ranging from 5.99% to 35.99%.

    Check your new Roof Financing Options >>

    Making Roof Financing Accessible to All Credit Types

    50KLoans new roofing financing platform is designed for anyone facing urgent repair or replacement needs, including:

    • Homeowners with good, fair, or bad credit
    • Families dealing with storm damage or aging roofs
    • First-time buyers seeking roof financing options as part of a home improvement plan
    • Property investors looking to upgrade multiple properties with roofing companies that finance

    Key Features & Benefits

    • All Credit Scores Welcome: Access roof finance solutions even with bad credit—no minimum score required.
    • Fast, Simple Process: One quick online form matches applicants with reputable lenders and roofing companies that offer financing.
    • Flexible Loan Amounts: Borrow between $500 and $50,000 for roof replacement financing and repairs.
    • Extended Repayment Terms: Pay back over up to 10 years, easing the burden of large upfront costs.
    • No Hidden Fees: Transparent terms from a network of trusted partners.

    How It Works: Step-by-Step Application for Roofing Financing

    1. Submit a Request: Visit 50kLoans.com and select the roof financing amount you need.
    2. Get Matched Instantly: The system matches you with top lenders and roofing companies that finance based on your profile.
    3. Review Offers: Compare rates, repayment terms, and conditions for each roofing loan offer.
    4. Choose & Connect: Select your preferred offer and connect directly with the lender or roofing company that offers financing.
    5. Receive Funds or Schedule Work: Funds are typically transferred electronically within one business day, or the roofing project can be scheduled directly through participating partners.

    Types of Roof Financing Near Me Options Available from 50kLoans

    • Unsecured Personal Loans for roof replacement or repairs
    • Specialty Roofing Loans through partnered roofing companies that finance directly
    • Flexible Installment Loans for large-scale or urgent projects

    Frequently Asked Questions

    Q: Can I get roof financing with bad credit?
    A: Yes, all credit scores are considered. Approval depends on the lender’s criteria.

    Q: Are roofing companies that offer financing available in my area?
    A: 50KLoans partners with a wide network of providers—most areas are covered.

    Q: How soon can I get new roof financing?
    A: Most offers are made instantly online, and funds are available as quickly as the next business day.

    Q: What are typical repayment terms?
    A: Repayment terms range up to 10 years, with competitive APRs from 5.99% to 35.99%.

    Media Contact
    Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer: 50KLoans is not a lender and does not make credit decisions. Approval, rates, and terms for roof financing are determined by third-party lenders or roofing companies based on applicant eligibility.

    The MIL Network –

  • Israel’s Netanyahu says he believes Trump can help seal ceasefire deal

    Source: Government of India

    Source: Government of India (4)

    Israel’s Prime Minister Benjamin Netanyahu said he believed his discussions with U.S. President Donald Trump on Monday would help advance talks on a Gaza hostage release and ceasefire deal, as Trump predicted an agreement could be reached this week.

    Israeli negotiators taking part in the ceasefire talks that resumed in Doha on Sunday have clear instructions to achieve a ceasefire agreement under conditions that Israel has accepted, Netanyahu said on Sunday before flying to Washington.

    “I believe the discussion with President Trump can certainly help advance these results,” he said, adding his determination to ensure the return of hostages held in Gaza and to remove the threat of the Palestinian militant group Hamas to Israel.

    It will be Netanyahu’s third visit to the White House since Trump returned to power nearly six months ago.

    Trump said he believed a hostage release and ceasefire deal could be reached this week, which could lead to the release of “quite a few hostages.”

    “I think there’s a good chance we have a deal with Hamas during the week,” Trump told reporters before flying back to Washington after a weekend golfing in New Jersey.

    Public pressure is mounting on Netanyahu to secure a permanent ceasefire and end the war in Gaza, a move opposed by some hardline members of his right-wing coalition. Others, including Foreign Minister Gideon Saar, have expressed support.

    Palestinian group Hamas said on Friday it had responded to a U.S.-backed Gaza ceasefire proposal in a “positive spirit”, a few days after Trump said Israel had agreed “to the necessary conditions to finalize” a 60-day truce.

    But in a sign of the potential challenges still facing the two sides, a Palestinian official from a militant group allied with Hamas said concerns remained over humanitarian aid, passage through the Rafah crossing in southern Israel to Egypt and clarity over a timetable for Israeli troop withdrawals.

    The first session of indirect Hamas-Israel ceasefire talks in Qatar ended inconclusively, two Palestinian sources familiar with the matter said early on Monday, adding that the Israeli delegation didn’t have a sufficient mandate to reach an agreement with Hamas.

    Netanyahu’s office said in a statement that changes sought by Hamas to the ceasefire proposal were “not acceptable to Israel”. However, his office said the delegation would still fly to Qatar to “continue efforts to secure the return of our hostages based on the Qatari proposal that Israel agreed to.”

    Netanyahu has repeatedly said Hamas must be disarmed, a demand the militant group has so far refused to discuss.

    Netanyahu said he believed he and Trump would also build on the outcome of the 12-day air war with Iran last month and seek to further ensure that Tehran never has a nuclear weapon. He said recent Middle East developments had created an opportunity to widen the circle of peace.

    HOSTAGES

    On Saturday evening, crowds gathered at a public square in Tel Aviv near the defence ministry headquarters to call for a ceasefire deal and the return of around 50 hostages still held in Gaza. The demonstrators waved Israeli flags, chanted and carried posters with photos of the hostages.

    The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered on October 7, 2023, when Hamas attacked southern Israel, killing around 1,200 people and taking 251 hostages, according to Israeli tallies.

    Gaza’s health ministry says Israel’s retaliatory military assault on the enclave has killed over 57,000 Palestinians. It has also caused a hunger crisis, displaced the population, mostly within Gaza, and left the territory in ruins.

    Around 20 of the remaining hostages are believed to be still alive. A majority of the original hostages have been freed through diplomatic negotiations, though the Israeli military has also recovered some.

    (Reuters)

  • Israel’s Netanyahu says he believes Trump can help seal ceasefire deal

    Source: Government of India

    Source: Government of India (4)

    Israel’s Prime Minister Benjamin Netanyahu said he believed his discussions with U.S. President Donald Trump on Monday would help advance talks on a Gaza hostage release and ceasefire deal, as Trump predicted an agreement could be reached this week.

    Israeli negotiators taking part in the ceasefire talks that resumed in Doha on Sunday have clear instructions to achieve a ceasefire agreement under conditions that Israel has accepted, Netanyahu said on Sunday before flying to Washington.

    “I believe the discussion with President Trump can certainly help advance these results,” he said, adding his determination to ensure the return of hostages held in Gaza and to remove the threat of the Palestinian militant group Hamas to Israel.

    It will be Netanyahu’s third visit to the White House since Trump returned to power nearly six months ago.

    Trump said he believed a hostage release and ceasefire deal could be reached this week, which could lead to the release of “quite a few hostages.”

    “I think there’s a good chance we have a deal with Hamas during the week,” Trump told reporters before flying back to Washington after a weekend golfing in New Jersey.

    Public pressure is mounting on Netanyahu to secure a permanent ceasefire and end the war in Gaza, a move opposed by some hardline members of his right-wing coalition. Others, including Foreign Minister Gideon Saar, have expressed support.

    Palestinian group Hamas said on Friday it had responded to a U.S.-backed Gaza ceasefire proposal in a “positive spirit”, a few days after Trump said Israel had agreed “to the necessary conditions to finalize” a 60-day truce.

    But in a sign of the potential challenges still facing the two sides, a Palestinian official from a militant group allied with Hamas said concerns remained over humanitarian aid, passage through the Rafah crossing in southern Israel to Egypt and clarity over a timetable for Israeli troop withdrawals.

    The first session of indirect Hamas-Israel ceasefire talks in Qatar ended inconclusively, two Palestinian sources familiar with the matter said early on Monday, adding that the Israeli delegation didn’t have a sufficient mandate to reach an agreement with Hamas.

    Netanyahu’s office said in a statement that changes sought by Hamas to the ceasefire proposal were “not acceptable to Israel”. However, his office said the delegation would still fly to Qatar to “continue efforts to secure the return of our hostages based on the Qatari proposal that Israel agreed to.”

    Netanyahu has repeatedly said Hamas must be disarmed, a demand the militant group has so far refused to discuss.

    Netanyahu said he believed he and Trump would also build on the outcome of the 12-day air war with Iran last month and seek to further ensure that Tehran never has a nuclear weapon. He said recent Middle East developments had created an opportunity to widen the circle of peace.

    HOSTAGES

    On Saturday evening, crowds gathered at a public square in Tel Aviv near the defence ministry headquarters to call for a ceasefire deal and the return of around 50 hostages still held in Gaza. The demonstrators waved Israeli flags, chanted and carried posters with photos of the hostages.

    The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered on October 7, 2023, when Hamas attacked southern Israel, killing around 1,200 people and taking 251 hostages, according to Israeli tallies.

    Gaza’s health ministry says Israel’s retaliatory military assault on the enclave has killed over 57,000 Palestinians. It has also caused a hunger crisis, displaced the population, mostly within Gaza, and left the territory in ruins.

    Around 20 of the remaining hostages are believed to be still alive. A majority of the original hostages have been freed through diplomatic negotiations, though the Israeli military has also recovered some.

    (Reuters)

  • MIL-OSI Asia-Pac: Sustainable fishing applications open

    Source: Hong Kong Information Services

    Applications for marine fish culture licences and the use of government-provided deep sea cages in the new fish culture zone at Mirs Bay (South) are open from today until September 6, the Agriculture, Fisheries & Conservation Department announced.

     

    The department explained that it hopes to encourage the intensification of production for fishermen in the new fish culture zones while adopting a sustainable and environmentally friendly mode of operation, together with the use of cages that are resilient to strong wind and water currents.

     

    To reduce the start-up cost for fishermen, the department will set up two sets of steel truss deep sea cages and three sets of high density polyethylene deep sea cages equipped with modern aquaculture facilities in phases in the new fish culture zone at Mirs Bay (South) by the end of this year. The deep sea cages will be provided to local fishermen associations through licence agreements.

     

    Applicants shall provide a detailed business plan, including an introduction to the proposed sustainable mariculture business, as well as a demonstration of their eligibility to use government cages and compliance with the relevant environmental protection and mitigation measures.

     

    While the department added that people interested in operating in the new fish culture zone may consider applying for the Sustainable Fisheries Development Fund, it also stressed that the fund cannot be used to pay for the licence fees of government cages.

     

    A briefing session will be held on July 17 to introduce the application process and licensing requirements of marine fish culture licences and the use of deep sea cages.

    MIL OSI Asia Pacific News –

  • MIL-OSI New Zealand: Appeal for information following significant damage to cellular tower, Lindis Pass

    Source: New Zealand Police

    Attribute to Detective Phill Hamlin, Criminal Investigations Cromwell:

    Cromwell Police are appealing for information following significant damage caused to a rural cellular tower in the Lindis Pass-Tarras Road / State Highway 8 area.

    Police were called at around 10.50am with reports of significant damage that had been caused to a cellular tower on Lindis Pass-Tarra Road, between Forest Range Station and Goodger Road.

    Detective Phill Hamlin says the tower provides cellular service for residents and travellers in the area.

    “Cellular service is especially critical in this rural and alpine area,” he says.

    “Rural areas tend to rely on fewer cell towers to cover larger areas, and damage to these towers can cause significant reduction or complete loss of cell service in the area.”

    Police are appealing for anyone who may have seen any suspicious behaviour at or near the tower to please contact us immediately.

    We are also asking for anyone who travelled along Lindis Pass-Tarras Road between 7am and 1pm on 6 July, and has dashcam footage, to please get in touch.

    If you have any information that could help our enquiries, update us online now or call 105.

    Please use the reference number 250707/0047.

    Information can also be provided anonymously via Crime Stoppers on 0800 555 111.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Appeal for information following significant damage to cellular tower, Lindis Pass

    Source: New Zealand Police

    Attribute to Detective Phill Hamlin, Criminal Investigations Cromwell:

    Cromwell Police are appealing for information following significant damage caused to a rural cellular tower in the Lindis Pass-Tarras Road / State Highway 8 area.

    Police were called at around 10.50am with reports of significant damage that had been caused to a cellular tower on Lindis Pass-Tarra Road, between Forest Range Station and Goodger Road.

    Detective Phill Hamlin says the tower provides cellular service for residents and travellers in the area.

    “Cellular service is especially critical in this rural and alpine area,” he says.

    “Rural areas tend to rely on fewer cell towers to cover larger areas, and damage to these towers can cause significant reduction or complete loss of cell service in the area.”

    Police are appealing for anyone who may have seen any suspicious behaviour at or near the tower to please contact us immediately.

    We are also asking for anyone who travelled along Lindis Pass-Tarras Road between 7am and 1pm on 6 July, and has dashcam footage, to please get in touch.

    If you have any information that could help our enquiries, update us online now or call 105.

    Please use the reference number 250707/0047.

    Information can also be provided anonymously via Crime Stoppers on 0800 555 111.

    MIL OSI New Zealand News –

  • MIL-OSI: MassMutual Ventures and Crane Venture Partners announce expanded partnership

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, LONDON and SINGAPORE, July 07, 2025 (GLOBE NEWSWIRE) — MassMutual Ventures (MMV) and Crane Venture Partners announced today that they have entered into an agreement for Crane to administer MMV’s Europe and Asia-Pacific (APAC) funds, totaling $450 million and including 40 portfolio companies. MassMutual Ventures has been a minority investor in Crane since 2018 as well as an anchor investor in all Crane funds.

    “This agreement marks the next evolution in MassMutual Ventures’ longstanding relationship with the Crane team that was established seven years ago,” said Doug Russell, Managing Director and Head of MassMutual Ventures. “Crane’s unwavering focus on founders and vast network and expertise will be invaluable for both current and future portfolio companies in Europe and APAC. We look forward to continuing to work with Crane in this new capacity, leveraging the strengths and capabilities of both of our organizations.”

    MMV will continue to manage its existing portfolio of over 60 companies based in North America and Israel and invest in new companies through its Boston-based MMV US and MMV Climate Tech Fund teams.

    “We’ve always believed that early conviction and long-term commitment are the keys to venture success. This expanded partnership is a massive vote of confidence in our approach—and in the founders we have and will continue to back,” said Krishna Visvanathan, Co-founder and Partner at Crane. “We’re proud to take the next step with MassMutual Ventures and build an even stronger bridge for global ambition across Europe and Asia-Pacific.”

    As part of the transaction, which is expected to close later this year pending satisfactory completion of customary conditions, Crane Venture Partners will oversee all existing Europe and APAC investments as well as manage all new Europe and APAC investments, with MMV continuing to hold positions in all existing portfolio companies.

    About MassMutual Ventures
    MassMutual Ventures (MMV) is a multistage venture capital firm investing globally in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

    About Crane Venture Partners

    Crane makes high-conviction investments in foundational technologies at the earliest stages, backing ambitious founders from inception through seed. Our commitment extends beyond initial funding—we remain deeply involved as trusted partners, offering hands-on support through critical company-building moments and helping founders refine go-to-market strategies and scale globally. 

    Since 2015, we’ve backed category-defining companies across post-quantum security, robotics, infrastructure software, developer tools, and AI systems. With a global perspective spanning the UK, Europe, the US, Israel and Asia-Pacific, we help exceptional founders build companies that redefine what’s possible. First to believe. Last to leave. For more, visit www.crane.vc

    The MIL Network –

  • MIL-OSI: MassMutual Ventures and Crane Venture Partners announce expanded partnership

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, LONDON and SINGAPORE, July 07, 2025 (GLOBE NEWSWIRE) — MassMutual Ventures (MMV) and Crane Venture Partners announced today that they have entered into an agreement for Crane to administer MMV’s Europe and Asia-Pacific (APAC) funds, totaling $450 million and including 40 portfolio companies. MassMutual Ventures has been a minority investor in Crane since 2018 as well as an anchor investor in all Crane funds.

    “This agreement marks the next evolution in MassMutual Ventures’ longstanding relationship with the Crane team that was established seven years ago,” said Doug Russell, Managing Director and Head of MassMutual Ventures. “Crane’s unwavering focus on founders and vast network and expertise will be invaluable for both current and future portfolio companies in Europe and APAC. We look forward to continuing to work with Crane in this new capacity, leveraging the strengths and capabilities of both of our organizations.”

    MMV will continue to manage its existing portfolio of over 60 companies based in North America and Israel and invest in new companies through its Boston-based MMV US and MMV Climate Tech Fund teams.

    “We’ve always believed that early conviction and long-term commitment are the keys to venture success. This expanded partnership is a massive vote of confidence in our approach—and in the founders we have and will continue to back,” said Krishna Visvanathan, Co-founder and Partner at Crane. “We’re proud to take the next step with MassMutual Ventures and build an even stronger bridge for global ambition across Europe and Asia-Pacific.”

    As part of the transaction, which is expected to close later this year pending satisfactory completion of customary conditions, Crane Venture Partners will oversee all existing Europe and APAC investments as well as manage all new Europe and APAC investments, with MMV continuing to hold positions in all existing portfolio companies.

    About MassMutual Ventures
    MassMutual Ventures (MMV) is a multistage venture capital firm investing globally in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

    About Crane Venture Partners

    Crane makes high-conviction investments in foundational technologies at the earliest stages, backing ambitious founders from inception through seed. Our commitment extends beyond initial funding—we remain deeply involved as trusted partners, offering hands-on support through critical company-building moments and helping founders refine go-to-market strategies and scale globally. 

    Since 2015, we’ve backed category-defining companies across post-quantum security, robotics, infrastructure software, developer tools, and AI systems. With a global perspective spanning the UK, Europe, the US, Israel and Asia-Pacific, we help exceptional founders build companies that redefine what’s possible. First to believe. Last to leave. For more, visit www.crane.vc

    The MIL Network –

  • MIL-OSI: MassMutual Ventures and Crane Venture Partners announce expanded partnership

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, LONDON and SINGAPORE, July 07, 2025 (GLOBE NEWSWIRE) — MassMutual Ventures (MMV) and Crane Venture Partners announced today that they have entered into an agreement for Crane to administer MMV’s Europe and Asia-Pacific (APAC) funds, totaling $450 million and including 40 portfolio companies. MassMutual Ventures has been a minority investor in Crane since 2018 as well as an anchor investor in all Crane funds.

    “This agreement marks the next evolution in MassMutual Ventures’ longstanding relationship with the Crane team that was established seven years ago,” said Doug Russell, Managing Director and Head of MassMutual Ventures. “Crane’s unwavering focus on founders and vast network and expertise will be invaluable for both current and future portfolio companies in Europe and APAC. We look forward to continuing to work with Crane in this new capacity, leveraging the strengths and capabilities of both of our organizations.”

    MMV will continue to manage its existing portfolio of over 60 companies based in North America and Israel and invest in new companies through its Boston-based MMV US and MMV Climate Tech Fund teams.

    “We’ve always believed that early conviction and long-term commitment are the keys to venture success. This expanded partnership is a massive vote of confidence in our approach—and in the founders we have and will continue to back,” said Krishna Visvanathan, Co-founder and Partner at Crane. “We’re proud to take the next step with MassMutual Ventures and build an even stronger bridge for global ambition across Europe and Asia-Pacific.”

    As part of the transaction, which is expected to close later this year pending satisfactory completion of customary conditions, Crane Venture Partners will oversee all existing Europe and APAC investments as well as manage all new Europe and APAC investments, with MMV continuing to hold positions in all existing portfolio companies.

    About MassMutual Ventures
    MassMutual Ventures (MMV) is a multistage venture capital firm investing globally in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

    About Crane Venture Partners

    Crane makes high-conviction investments in foundational technologies at the earliest stages, backing ambitious founders from inception through seed. Our commitment extends beyond initial funding—we remain deeply involved as trusted partners, offering hands-on support through critical company-building moments and helping founders refine go-to-market strategies and scale globally. 

    Since 2015, we’ve backed category-defining companies across post-quantum security, robotics, infrastructure software, developer tools, and AI systems. With a global perspective spanning the UK, Europe, the US, Israel and Asia-Pacific, we help exceptional founders build companies that redefine what’s possible. First to believe. Last to leave. For more, visit www.crane.vc

    The MIL Network –

  • MIL-OSI: Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    • Nokia Energy Efficiency, part of the company’s Autonomous Networks portfolio, will enable Indosat Ooredoo Hutchison to shut idle and unused radio equipment automatically during low network demand periods.
    • The agreement supports Indosat Ooredoo Hutchison’s commitment to sustainability and digital innovation, and its transformation into an AI-powered TechCo, building a smarter, greener, and more inclusive Indonesia.

    7 July 2025
    Espoo, Finland – Indosat Ooredoo Hutchison (Indosat or IOH), Indonesia’s leading digital telecommunications company, has deployed Nokia Energy Efficiency, part of Nokia’s Autonomous Networks portfolio, to reduce energy demand and carbon dioxide emissions across its nationwide radio access network (RAN).

    Using artificial intelligence and machine learning algorithms to analyse real-time traffic patterns, Nokia Energy Efficiency enables Indosat to adjust or shut idle and unused radio equipment automatically during low network demand periods. The solution, engineered with intelligent thermal management to cut network cooling energy needs, is available in a SaaS model that eliminates large up-front capital expenditure and avoids the need to perform on-site software maintenance and updates, contributing to greener network operations.

    The multi-vendor, AI-driven energy management solution can reduce energy costs and carbon footprint with no negative impact on network performance or customer experience. It can be rolled out in a matter of weeks.

    The initiative marks another critical step in Indosat’s broader transformation journey—from a conventional telecom operator into an AI TechCo—powered by intelligent technologies, cloud-based platforms, and a commitment to sustainability. By embedding automation and intelligence into network operations, Indosat is unlocking new levels of efficiency, agility, and environmental responsibility across its infrastructure.

    “As data consumption continues to grow, so does our responsibility to manage resources wisely. This collaboration reflects Indosat’s unwavering commitment to environmental stewardship and sustainable innovation, using AI to not only optimize performance, but also reduce emissions and energy use across our network.” said Desmond Cheung, Director and Chief Technology Officer, Indosat Ooredoo Hutchison.

    Indosat’s commitment to sustainability has already earned it regional recognition. It was the first operator in Southeast Asia to achieve ISO 50001 certification for energy management—underscoring its pledge to minimize environmental impact through operational excellence. The collaboration with Nokia builds upon a successful pilot project, in which the AI-powered solution demonstrated its ability to reduce energy consumption in live network conditions.

    Following the pilot project, Nokia deployed its Energy Efficiency solution to the entire Nokia RAN footprint in Sumatra, Kalimantan, Central and East Java.

    “We are very pleased to be helping Indosat deliver on its commitments to sustainability and environmental responsibility, establishing its position both locally and internationally. Nokia Energy Efficiency reflects the important R&D investments that Nokia continues to make to help our customers optimize energy savings and network performance simultaneously,” said Henrique Vale, Vice President, Cloud and Network Services, APAC, Nokia.

    Nokia’s Autonomous Networks portfolio, including its Autonomous Networks Fabric solution, utilizes Agentic AI to deliver advanced security, analytics, and operations capabilities that provide operators with a holistic, real-time view of the network so they can reduce costs, accelerate time-to-value, and deliver the best customer experience.

    Autonomous Networks Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube  

    The MIL Network –

  • MIL-OSI: Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    • Nokia Energy Efficiency, part of the company’s Autonomous Networks portfolio, will enable Indosat Ooredoo Hutchison to shut idle and unused radio equipment automatically during low network demand periods.
    • The agreement supports Indosat Ooredoo Hutchison’s commitment to sustainability and digital innovation, and its transformation into an AI-powered TechCo, building a smarter, greener, and more inclusive Indonesia.

    7 July 2025
    Espoo, Finland – Indosat Ooredoo Hutchison (Indosat or IOH), Indonesia’s leading digital telecommunications company, has deployed Nokia Energy Efficiency, part of Nokia’s Autonomous Networks portfolio, to reduce energy demand and carbon dioxide emissions across its nationwide radio access network (RAN).

    Using artificial intelligence and machine learning algorithms to analyse real-time traffic patterns, Nokia Energy Efficiency enables Indosat to adjust or shut idle and unused radio equipment automatically during low network demand periods. The solution, engineered with intelligent thermal management to cut network cooling energy needs, is available in a SaaS model that eliminates large up-front capital expenditure and avoids the need to perform on-site software maintenance and updates, contributing to greener network operations.

    The multi-vendor, AI-driven energy management solution can reduce energy costs and carbon footprint with no negative impact on network performance or customer experience. It can be rolled out in a matter of weeks.

    The initiative marks another critical step in Indosat’s broader transformation journey—from a conventional telecom operator into an AI TechCo—powered by intelligent technologies, cloud-based platforms, and a commitment to sustainability. By embedding automation and intelligence into network operations, Indosat is unlocking new levels of efficiency, agility, and environmental responsibility across its infrastructure.

    “As data consumption continues to grow, so does our responsibility to manage resources wisely. This collaboration reflects Indosat’s unwavering commitment to environmental stewardship and sustainable innovation, using AI to not only optimize performance, but also reduce emissions and energy use across our network.” said Desmond Cheung, Director and Chief Technology Officer, Indosat Ooredoo Hutchison.

    Indosat’s commitment to sustainability has already earned it regional recognition. It was the first operator in Southeast Asia to achieve ISO 50001 certification for energy management—underscoring its pledge to minimize environmental impact through operational excellence. The collaboration with Nokia builds upon a successful pilot project, in which the AI-powered solution demonstrated its ability to reduce energy consumption in live network conditions.

    Following the pilot project, Nokia deployed its Energy Efficiency solution to the entire Nokia RAN footprint in Sumatra, Kalimantan, Central and East Java.

    “We are very pleased to be helping Indosat deliver on its commitments to sustainability and environmental responsibility, establishing its position both locally and internationally. Nokia Energy Efficiency reflects the important R&D investments that Nokia continues to make to help our customers optimize energy savings and network performance simultaneously,” said Henrique Vale, Vice President, Cloud and Network Services, APAC, Nokia.

    Nokia’s Autonomous Networks portfolio, including its Autonomous Networks Fabric solution, utilizes Agentic AI to deliver advanced security, analytics, and operations capabilities that provide operators with a holistic, real-time view of the network so they can reduce costs, accelerate time-to-value, and deliver the best customer experience.

    Autonomous Networks Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube  

    The MIL Network –

  • MIL-OSI: Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations

    • Nokia Energy Efficiency, part of the company’s Autonomous Networks portfolio, will enable Indosat Ooredoo Hutchison to shut idle and unused radio equipment automatically during low network demand periods.
    • The agreement supports Indosat Ooredoo Hutchison’s commitment to sustainability and digital innovation, and its transformation into an AI-powered TechCo, building a smarter, greener, and more inclusive Indonesia.

    7 July 2025
    Espoo, Finland – Indosat Ooredoo Hutchison (Indosat or IOH), Indonesia’s leading digital telecommunications company, has deployed Nokia Energy Efficiency, part of Nokia’s Autonomous Networks portfolio, to reduce energy demand and carbon dioxide emissions across its nationwide radio access network (RAN).

    Using artificial intelligence and machine learning algorithms to analyse real-time traffic patterns, Nokia Energy Efficiency enables Indosat to adjust or shut idle and unused radio equipment automatically during low network demand periods. The solution, engineered with intelligent thermal management to cut network cooling energy needs, is available in a SaaS model that eliminates large up-front capital expenditure and avoids the need to perform on-site software maintenance and updates, contributing to greener network operations.

    The multi-vendor, AI-driven energy management solution can reduce energy costs and carbon footprint with no negative impact on network performance or customer experience. It can be rolled out in a matter of weeks.

    The initiative marks another critical step in Indosat’s broader transformation journey—from a conventional telecom operator into an AI TechCo—powered by intelligent technologies, cloud-based platforms, and a commitment to sustainability. By embedding automation and intelligence into network operations, Indosat is unlocking new levels of efficiency, agility, and environmental responsibility across its infrastructure.

    “As data consumption continues to grow, so does our responsibility to manage resources wisely. This collaboration reflects Indosat’s unwavering commitment to environmental stewardship and sustainable innovation, using AI to not only optimize performance, but also reduce emissions and energy use across our network.” said Desmond Cheung, Director and Chief Technology Officer, Indosat Ooredoo Hutchison.

    Indosat’s commitment to sustainability has already earned it regional recognition. It was the first operator in Southeast Asia to achieve ISO 50001 certification for energy management—underscoring its pledge to minimize environmental impact through operational excellence. The collaboration with Nokia builds upon a successful pilot project, in which the AI-powered solution demonstrated its ability to reduce energy consumption in live network conditions.

    Following the pilot project, Nokia deployed its Energy Efficiency solution to the entire Nokia RAN footprint in Sumatra, Kalimantan, Central and East Java.

    “We are very pleased to be helping Indosat deliver on its commitments to sustainability and environmental responsibility, establishing its position both locally and internationally. Nokia Energy Efficiency reflects the important R&D investments that Nokia continues to make to help our customers optimize energy savings and network performance simultaneously,” said Henrique Vale, Vice President, Cloud and Network Services, APAC, Nokia.

    Nokia’s Autonomous Networks portfolio, including its Autonomous Networks Fabric solution, utilizes Agentic AI to deliver advanced security, analytics, and operations capabilities that provide operators with a holistic, real-time view of the network so they can reduce costs, accelerate time-to-value, and deliver the best customer experience.

    Autonomous Networks Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model.

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube  

    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: 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 –

  • Indian stock market opens marginally lower amid mixed global cues

    Source: Government of India

    Source: Government of India (4)

    Indian indices opened marginally lower on Monday amid mixed global cues, as selling was seen in the metal, auto, IT, PSU bank, pharma and financial service sectors in the early trade.

    At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75.

    According to analysts, concerns surrounding a US-India trade deal and the fallout of SEBI’s report on Jane Street will influence market movements.

    “There are reports of a possible interim trade deal between US and India before the July 9th tariff deadline. If that happens, that would be a positive. The regulatory action on Jane Street and its implications will be closely watched by the market,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

    The volume of derivative trading is likely to take a hit impacting stock exchanges and some brokerages. This has implications for their stock prices, too. The short-term issues are unlikely to have any long-term impact on the market, he added.

    Nifty Bank was down 50.95 points or 0.09 per cent at 56,980.95 in early trade.

    The Nifty Midcap 100 index was trading at 59,669.55 after declining 8.20 points or 0.01 per cent. Nifty Smallcap 100 index was at 19,025.45 after declining 7.60 points or 0.04 per cent.

    Meanwhile, in the Sensex pack, BEL, Tech Mahindra, Titan, Bajaj Finance, HCL Tech, SBI, Tata Steel and ICICI Bank were the top losers. Trent, Hindustan Unilever Limited, Bajaj Finserv, Asian Paints and HDFC Bank were the top gainers.

    On the institutional front, foreign institutional investors (FIIs) extended their selling streak for the fifth consecutive day, offloading equities worth Rs 760.11 crore on July 4. Domestic institutional investors (DIIs) also sold equities worth Rs 1,028.84 crore on the same day.

    In the Asian markets, Bangkok, Hong Kong , Japan, China and Jakarta were trading in red, whereas only Seoul was trading in green.

    In the last trading session on Thursday, Dow Jones in the US closed at 44,828.53, up 344.11 points, or 0.77 per cent. The S&P 500 ended with a gain of 51.93 points, or 0.83 per cent at 6,279.35 and the Nasdaq closed at 20,601.10, up 207.97 points, or 1.02 per cent.

    (IANS)

  • Indian stock market opens marginally lower amid mixed global cues

    Source: Government of India

    Source: Government of India (4)

    Indian indices opened marginally lower on Monday amid mixed global cues, as selling was seen in the metal, auto, IT, PSU bank, pharma and financial service sectors in the early trade.

    At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75.

    According to analysts, concerns surrounding a US-India trade deal and the fallout of SEBI’s report on Jane Street will influence market movements.

    “There are reports of a possible interim trade deal between US and India before the July 9th tariff deadline. If that happens, that would be a positive. The regulatory action on Jane Street and its implications will be closely watched by the market,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

    The volume of derivative trading is likely to take a hit impacting stock exchanges and some brokerages. This has implications for their stock prices, too. The short-term issues are unlikely to have any long-term impact on the market, he added.

    Nifty Bank was down 50.95 points or 0.09 per cent at 56,980.95 in early trade.

    The Nifty Midcap 100 index was trading at 59,669.55 after declining 8.20 points or 0.01 per cent. Nifty Smallcap 100 index was at 19,025.45 after declining 7.60 points or 0.04 per cent.

    Meanwhile, in the Sensex pack, BEL, Tech Mahindra, Titan, Bajaj Finance, HCL Tech, SBI, Tata Steel and ICICI Bank were the top losers. Trent, Hindustan Unilever Limited, Bajaj Finserv, Asian Paints and HDFC Bank were the top gainers.

    On the institutional front, foreign institutional investors (FIIs) extended their selling streak for the fifth consecutive day, offloading equities worth Rs 760.11 crore on July 4. Domestic institutional investors (DIIs) also sold equities worth Rs 1,028.84 crore on the same day.

    In the Asian markets, Bangkok, Hong Kong , Japan, China and Jakarta were trading in red, whereas only Seoul was trading in green.

    In the last trading session on Thursday, Dow Jones in the US closed at 44,828.53, up 344.11 points, or 0.77 per cent. The S&P 500 ended with a gain of 51.93 points, or 0.83 per cent at 6,279.35 and the Nasdaq closed at 20,601.10, up 207.97 points, or 1.02 per cent.

    (IANS)

  • Indian stock market opens marginally lower amid mixed global cues

    Source: Government of India

    Source: Government of India (4)

    Indian indices opened marginally lower on Monday amid mixed global cues, as selling was seen in the metal, auto, IT, PSU bank, pharma and financial service sectors in the early trade.

    At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75.

    According to analysts, concerns surrounding a US-India trade deal and the fallout of SEBI’s report on Jane Street will influence market movements.

    “There are reports of a possible interim trade deal between US and India before the July 9th tariff deadline. If that happens, that would be a positive. The regulatory action on Jane Street and its implications will be closely watched by the market,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

    The volume of derivative trading is likely to take a hit impacting stock exchanges and some brokerages. This has implications for their stock prices, too. The short-term issues are unlikely to have any long-term impact on the market, he added.

    Nifty Bank was down 50.95 points or 0.09 per cent at 56,980.95 in early trade.

    The Nifty Midcap 100 index was trading at 59,669.55 after declining 8.20 points or 0.01 per cent. Nifty Smallcap 100 index was at 19,025.45 after declining 7.60 points or 0.04 per cent.

    Meanwhile, in the Sensex pack, BEL, Tech Mahindra, Titan, Bajaj Finance, HCL Tech, SBI, Tata Steel and ICICI Bank were the top losers. Trent, Hindustan Unilever Limited, Bajaj Finserv, Asian Paints and HDFC Bank were the top gainers.

    On the institutional front, foreign institutional investors (FIIs) extended their selling streak for the fifth consecutive day, offloading equities worth Rs 760.11 crore on July 4. Domestic institutional investors (DIIs) also sold equities worth Rs 1,028.84 crore on the same day.

    In the Asian markets, Bangkok, Hong Kong , Japan, China and Jakarta were trading in red, whereas only Seoul was trading in green.

    In the last trading session on Thursday, Dow Jones in the US closed at 44,828.53, up 344.11 points, or 0.77 per cent. The S&P 500 ended with a gain of 51.93 points, or 0.83 per cent at 6,279.35 and the Nasdaq closed at 20,601.10, up 207.97 points, or 1.02 per cent.

    (IANS)

  • Indian stock market opens marginally lower amid mixed global cues

    Source: Government of India

    Source: Government of India (4)

    Indian indices opened marginally lower on Monday amid mixed global cues, as selling was seen in the metal, auto, IT, PSU bank, pharma and financial service sectors in the early trade.

    At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75.

    According to analysts, concerns surrounding a US-India trade deal and the fallout of SEBI’s report on Jane Street will influence market movements.

    “There are reports of a possible interim trade deal between US and India before the July 9th tariff deadline. If that happens, that would be a positive. The regulatory action on Jane Street and its implications will be closely watched by the market,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

    The volume of derivative trading is likely to take a hit impacting stock exchanges and some brokerages. This has implications for their stock prices, too. The short-term issues are unlikely to have any long-term impact on the market, he added.

    Nifty Bank was down 50.95 points or 0.09 per cent at 56,980.95 in early trade.

    The Nifty Midcap 100 index was trading at 59,669.55 after declining 8.20 points or 0.01 per cent. Nifty Smallcap 100 index was at 19,025.45 after declining 7.60 points or 0.04 per cent.

    Meanwhile, in the Sensex pack, BEL, Tech Mahindra, Titan, Bajaj Finance, HCL Tech, SBI, Tata Steel and ICICI Bank were the top losers. Trent, Hindustan Unilever Limited, Bajaj Finserv, Asian Paints and HDFC Bank were the top gainers.

    On the institutional front, foreign institutional investors (FIIs) extended their selling streak for the fifth consecutive day, offloading equities worth Rs 760.11 crore on July 4. Domestic institutional investors (DIIs) also sold equities worth Rs 1,028.84 crore on the same day.

    In the Asian markets, Bangkok, Hong Kong , Japan, China and Jakarta were trading in red, whereas only Seoul was trading in green.

    In the last trading session on Thursday, Dow Jones in the US closed at 44,828.53, up 344.11 points, or 0.77 per cent. The S&P 500 ended with a gain of 51.93 points, or 0.83 per cent at 6,279.35 and the Nasdaq closed at 20,601.10, up 207.97 points, or 1.02 per cent.

    (IANS)

  • Trump calls Musk’s formation of new party ‘ridiculous’ and criticizes his own NASA pick

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump on Sunday called Elon Musk’s plans to form a new political party “ridiculous,” launching new barbs at the tech billionaire and saying the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk’s business interests in space.

    A day after Musk escalated his feud with Trump and announced the formation of a new U.S. political party, the Republican president was asked about it before boarding Air Force One in Morristown, New Jersey, as he returned to Washington upon visiting his nearby golf club.

    “I think it’s ridiculous to start a third party. We have a tremendous success with the Republican Party. The Democrats have lost their way, but it’s always been a two-party system, and I think starting a third party just adds to confusion,” Trump told reporters.

    “It really seems to have been developed for two parties. Third parties have never worked, so he can have fun with it, but I think it’s ridiculous.”

    Shortly after speaking about Musk, Trump posted further comments on his Truth Social platform, saying, “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks.”

    Musk announced on Saturday that he is establishing the “America Party” in response to Trump’s tax-cut and spending bill, which Musk said would bankrupt the country.

    “What the heck was the point of @DOGE if he’s just going to increase the debt by $5 trillion??” Musk wrote on X on Sunday, referring to the government downsizing agency he briefly led. Critics have said the bill will damage the U.S. economy by significantly adding to the federal budget deficit.

    Musk said his new party would in next year’s midterm elections look to unseat Republican lawmakers in Congress who backed the sweeping measure known as the “big, beautiful bill.”

    Musk spent millions of dollars underwriting Trump’s 2024 re-election effort and, for a time, regularly showed up at the president’s side in the White House Oval Office and elsewhere. Their disagreement over the spending bill led to a falling out that Musk briefly tried unsuccessfully to repair.

    Trump has said Musk is unhappy because the measure, which Trump signed into law on Friday, takes away green-energy credits for Tesla’s electric vehicles. The president has threatened to pull billions of dollars Tesla and SpaceX receive in government contracts and subsidies in response to Musk’s criticism.

    NASA APPOINTMENT ‘INAPPROPRIATE’

    Trump in his social media comments also said it was “inappropriate” to have named Musk ally Jared Isaacman as NASA administrator considering Musk’s business with the space agency. In December Trump named Isaacman, a billionaire private astronaut, to lead NASA but withdrew the nomination on May 31, before his Senate confirmation vote and without explanation.

    Trump, who has yet to announce a new NASA nominee, on Sunday confirmed media reports he disapproved of Isaacman’s previous support for Democratic politicians.

    “I also thought it inappropriate that a very close friend of Elon, who was in the Space Business, run NASA, when NASA is such a big part of Elon’s corporate life,” Trump said on Truth Social. “My Number One charge is to protect the American Public!”

    Musk’s announcement of a new party immediately brought a rebuke from Azoria Partners, which said on Saturday it will postpone the listing of its Azoria Tesla Convexity exchange-traded fund because the party’s creation posed “a conflict with his full-time responsibilities as CEO.” Azoria was set to launch the Tesla ETF this week.

    Azoria CEO James Fishback posted on X several critical comments about the new party and reiterated his support for Trump.

    “I encourage the Board to meet immediately and ask Elon to clarify his political ambitions and evaluate whether they are compatible with his full-time obligations to Tesla as CEO,” Fishback said.

    (Reuters)

  • Trump calls Musk’s formation of new party ‘ridiculous’ and criticizes his own NASA pick

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump on Sunday called Elon Musk’s plans to form a new political party “ridiculous,” launching new barbs at the tech billionaire and saying the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk’s business interests in space.

    A day after Musk escalated his feud with Trump and announced the formation of a new U.S. political party, the Republican president was asked about it before boarding Air Force One in Morristown, New Jersey, as he returned to Washington upon visiting his nearby golf club.

    “I think it’s ridiculous to start a third party. We have a tremendous success with the Republican Party. The Democrats have lost their way, but it’s always been a two-party system, and I think starting a third party just adds to confusion,” Trump told reporters.

    “It really seems to have been developed for two parties. Third parties have never worked, so he can have fun with it, but I think it’s ridiculous.”

    Shortly after speaking about Musk, Trump posted further comments on his Truth Social platform, saying, “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks.”

    Musk announced on Saturday that he is establishing the “America Party” in response to Trump’s tax-cut and spending bill, which Musk said would bankrupt the country.

    “What the heck was the point of @DOGE if he’s just going to increase the debt by $5 trillion??” Musk wrote on X on Sunday, referring to the government downsizing agency he briefly led. Critics have said the bill will damage the U.S. economy by significantly adding to the federal budget deficit.

    Musk said his new party would in next year’s midterm elections look to unseat Republican lawmakers in Congress who backed the sweeping measure known as the “big, beautiful bill.”

    Musk spent millions of dollars underwriting Trump’s 2024 re-election effort and, for a time, regularly showed up at the president’s side in the White House Oval Office and elsewhere. Their disagreement over the spending bill led to a falling out that Musk briefly tried unsuccessfully to repair.

    Trump has said Musk is unhappy because the measure, which Trump signed into law on Friday, takes away green-energy credits for Tesla’s electric vehicles. The president has threatened to pull billions of dollars Tesla and SpaceX receive in government contracts and subsidies in response to Musk’s criticism.

    NASA APPOINTMENT ‘INAPPROPRIATE’

    Trump in his social media comments also said it was “inappropriate” to have named Musk ally Jared Isaacman as NASA administrator considering Musk’s business with the space agency. In December Trump named Isaacman, a billionaire private astronaut, to lead NASA but withdrew the nomination on May 31, before his Senate confirmation vote and without explanation.

    Trump, who has yet to announce a new NASA nominee, on Sunday confirmed media reports he disapproved of Isaacman’s previous support for Democratic politicians.

    “I also thought it inappropriate that a very close friend of Elon, who was in the Space Business, run NASA, when NASA is such a big part of Elon’s corporate life,” Trump said on Truth Social. “My Number One charge is to protect the American Public!”

    Musk’s announcement of a new party immediately brought a rebuke from Azoria Partners, which said on Saturday it will postpone the listing of its Azoria Tesla Convexity exchange-traded fund because the party’s creation posed “a conflict with his full-time responsibilities as CEO.” Azoria was set to launch the Tesla ETF this week.

    Azoria CEO James Fishback posted on X several critical comments about the new party and reiterated his support for Trump.

    “I encourage the Board to meet immediately and ask Elon to clarify his political ambitions and evaluate whether they are compatible with his full-time obligations to Tesla as CEO,” Fishback said.

    (Reuters)

  • MIL-OSI New Zealand: Legislation – FamilyBoost changes will exacerbate inequity of ECE access – CTU

    Source: New Zealand Council of Trade Unions Te Kauae Kaimahi

    The New Zealand Council of Trade Unions Te Kauae Kaimahi is warning that the FamilyBoost changes announced today by Finance Minister Nicola Willis will fail to make early childhood education more affordable for the families who need it most and will instead widen inequities.

    “The Government has missed an opportunity to reflect on the failure of the FamilyBoost scheme and pivot towards improving access and affordability through expanding universal free-fees entitlements and moving towards a quality public ECE system,” said NZCTU Secretary Melissa Ansell-Bridges.

    “FamilyBoost puts an administrative burden on whānau and teachers while failing to deal with the key issues in early childhood education, which include low wages, systemic underfunding, and a private model that results in high profits for big corporates.

    “The changes announced today disproportionately benefit high-income households, who are already much more likely to be able to afford to send their kids to ECE centres. This means the benefit of the scheme will be weighted against those who need it most.

    “Access to quality early childhood education helps ensure that children have the best possible start in life, and no families should be denied that due to costs.

    “The revised scheme does nothing to support the development of new centres or to help low-income groups into ECE provision. Instead, the Government has loaded up its support for higher-income groups, once again demonstrating their priorities,” said Ansell-Bridges.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Government Employment – First-ever strike at Pharmac – PSA

    Source: PSA

    Health economists, Māori health experts, and medical practitioners who are members of the New Zealand Public Service Association Te Pūkenga Here Tikanga Mahi at Pharmac will strike this week, the first-ever at the agency, after their employer proposed an unacceptable pay offer and an extensive clawback of conditions.
    The strike will involve walking off the job on Wednesday 9 July at 10:30am for one hour.
    “The team at Pharmac, like many other Government agencies, are constantly being asked to deliver more with less,” PSA National Secretary, Fleur Fitzsimons says.
    “Pharmac does essential work getting life-saving medicines to New Zealanders. Workers and their families deserve a fair pay increase and decent conditions of work, not this terrible pay offer and a reduction in their conditions of work.”
    The PSA initiated bargaining over a year ago in June 2024, but Pharmac did not bargain until October.
    At the bargaining, Pharmac management proposed a number of reductions in terms and conditions of employment, including a service eligibility for step pay progression and only making redundancy available to permanent staff, as well as a pay offer of just 0.2 per cent.
    In June this year, the PSA proposed mediation after Pharmac proposed to remove members’ step pay system.
    In mediation, Pharmac proposed a number of new reductions in terms and conditions. Most notably, it proposed a reduction in the size of step pay increases in exchange for a one-off ‘buyout’ of the step increase employees would have otherwise received this year.
    “The public servants at Pharmac care deeply about serving New Zealanders. All they ask in return is the right pay and conditions so that they can do their jobs effectively,” Fitzsimons says.
    Pharmac staff will be picketing outside their office at 40 Mercer Street from 10:30am-11:30am during the industrial action.
    The parties are attending mediation with the Ministry of Business Innovation and Employment on 16 and 17 July 2025.
    Other PSA statements on Pharmac:
    The Public Service Association Te Pūkenga Here Tikanga Mahi is Aotearoa New Zealand’s largest trade union, representing and supporting more than 95,000 workers across central government, state-owned enterprises, local councils, health boards and community groups.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Health – Already short-staffed Wellington Hospital gynaecology ward losing beds – NZNO

    Source: New Zealand Nurses Organisation

    The Wellington Hospital gynaecology ward that is losing beds to its Emergency Department in a trial, was already short-staffed more than a quarter of all shifts, figures obtained by NZNO show.
    It has been revealed that Wellington Hospital is cutting beds from its maternity and gynaecology wards in a trial designed to make more room for patients from its overcrowded Emergency Department (ED).
    The New Zealand Nurses Organisation Tōputanga Tapuhi Kaitiaki o Aotearoa (NZNO) has obtained figures under the Official Information Act showing safe staffing levels identified by the Care Capacity Demand Management (CCDM) programme from January to October last year.
    NZNO delegate Michelle Cotton says the figures show the gynaecology ward was already short staffed 27% of all shifts.
    “That means there are not enough nurses already for more than a quarter of all shifts.
    “NZNO is concerned this trail is aimed at meeting the Coalition Government’s arbitrary and unfunded six-hour wait time target for EDs,” she says.
    “This trial is starting after the only gynaecological oncologist at Wellington Hospital retired and wasn’t replaced. This is partly the cause of empty beds because those women are being treated in Christchurch.
    “The trial requires the ante and postnatal services to be reduced from three pods to two. There will be less options for partners to stay and more women will be required to share rooms.
    “This trail is putting the health care of women and their newborn babies at risk. They deserve better at this crucial time in their lives,” Michelle Cotton says. 

    MIL OSI New Zealand News –

  • South Korea court to hold July 9 hearing on ex-leader Yoon’s detention warrant

    Source: Government of India

    Source: Government of India (4)

    A Seoul court plans to hold a hearing on Wednesday to review a request by special prosecutors to detain former South Korean President Yoon Suk Yeol, a court official said on Monday.

    The special counsel team investigating Yoon’s martial law declaration in December has filed a request to the Seoul Central District Court to detain Yoon on allegations of abuse of power and obstruction of justice.

    Yoon has been accused of mobilising presidential guards to stop authorities from arresting him in January. He eventually was taken into custody but released from jail after 52 days on technical grounds.

    The special prosecution that kicked off its investigation after new leader Lee Jae Myung was elected in June has been looking into additional charges against Yoon, who is already on trial for insurrection related to his short-lived martial law.

    The detention warrant request was made on the grounds of the risk of him being a flight risk and concerns that he might interfere with witnesses linked to his case, local media reported, citing a special prosecutors’ request.

    Yoon’s lawyers have rejected the allegations against him.

    (Reuters)