Author: News Desk

Mahindra Aerostructures has secured a major contract from Airbus to manufacture and assemble the main fuselage of the H125 light single-engine helicopter in India. Under the agreement, the Bengaluru-based plant of Mahindra Aerostructures (MASPL) will handle production of the helicopter’s main fuselage. MASPL stated that work on this important contract will start immediately, with the first fuselage expected to be delivered by 2027. Anish Shah, Group CEO and MD of Mahindra Group, said the partnership reflects both companies’ commitment to India’s aerospace sector. “We are delighted to work with Airbus on its ‘Make in India’ plans. This contract strengthens our…

Squadron Leader Priya Sharma has etched her name into Indian Air Force history. In August 2025, she flew in formation with Air Chief Marshal Amar Preet Singh during the farewell sortie of the MiG-21 at Nal Air Force Station, Bikaner. For Sharma, this was more than a symbolic flight. Commissioned in December 2018 as the IAF’s seventh woman fighter pilot, she had once dreamt of flying the MiG-21. That dream came full circle as she shared the skies with the Air Chief during the jet’s final chapter. A B.Tech graduate from IIIT-Kota and trained at the Air Force Academy in…

India is preparing to finalize a landmark $1 billion contract with GE Aerospace for 113 GE-404 engines, a move that will power the next wave of Light Combat Aircraft (LCA) Mk1A fighters. Defence officials say the deal should be inked by September 2025, cementing a vital supply line for Hindustan Aeronautics Limited (HAL). This order comes on top of HAL’s earlier contract for 99 engines, covering the first batch of 83 jets. Together, the two deals will fulfill HAL’s total requirement of 212 engines, supporting the production of 180 LCAs cleared by the government under a ₹62,000 crore procurement plan.…

Allen Naliath, a Stanford computer science dropout, is the founder and CEO of Friday, an AI-powered email assistant. His company, part of Y Combinator, automatically manages Gmail emails, saving users from tedious daily tasks. Unlike most email competitors who focus on building clients, Friday aims to create a personal assistant within Gmail. “Hiring a personal assistant is expensive and inaccessible for most,” Allen explains. “Our goal is to make that capability available to everyone without leaving Gmail.” Security and Privacy Handling sensitive emails is a major concern. Allen emphasizes that Friday doesn’t store emails on its servers. Instead, it processes…

The Union Cabinet, led by Prime Minister Narendra Modi, has approved India’s bid to host the 2030 Commonwealth Games, selecting Ahmedabad as the proposed host city. The government highlighted the city’s world-class stadiums, advanced training facilities, and strong sporting culture as reasons for its selection. IOA Backing and Next Steps The Indian Olympic Association (IOA) had earlier cleared the proposal after an Expression of Interest was submitted in March. The bid, which must be filed by August 31, is expected to be finalized by IOA within the next two days. The Commonwealth Sport General Assembly will announce the host city…

Responding to rising complaints about the arbitrary placement of toll plazas on national highways, the Ministry of Road Transport and Highways (MoRTH) has issued a new directive mandating stricter enforcement of toll policy rules. Key Distance Rules Restated The circular, shared with highway development agencies and concessionaires this week, reiterates two key norms: Although these rules have been part of the tolling framework for years, their implementation has often been inconsistent. Recent reports revealed toll booths operating too close to one another or within city peripheries, creating frustration for daily commuters. Exceptions Face Stricter Scrutiny MoRTH has clarified that any…

Microsoft India R&D has completed one of the largest recent office leasing deals in Hyderabad, securing 2.64 lakh square feet at Phoenix Centaurus in Gachibowli. The five-year lease, effective from July 2025, was finalized with managed workspace operator Table Space Technologies, according to documents obtained by Propstack. Details of the Lease The leased space covers the third and fourth floors of the building. Microsoft will pay a base rent of Rs 1.77 crore per month, which works out to Rs 67 per square foot. When common area maintenance, operating costs, capital expenses, and management fees are included, the total monthly…

India’s indigenous Light Combat Aircraft (LCA) Tejas has been developed to replace the ageing MiG-21 fleet, which has served the Indian Air Force (IAF) since the 1960s. Designed to match the MiG-21’s agility while incorporating modern technology, Tejas draws inspiration from the French Mirage series, combining a lightweight airframe with advanced avionics and multi-role capabilities. Air Chief Marshal (ACM) AP Singh, after his final MiG-21 Bison sortie, highlighted its importance and potential for future upgrades and training roles. Modern Design and Capabilities Tejas, developed by the Aeronautical Development Agency (ADA) with Hindustan Aeronautics Limited (HAL), features a small footprint for…

OpenAI has introduced its India-first Learning Accelerator to transform education through artificial intelligence, kicking off with a $500,000 collaboration with IIT Madras. The initiative will explore how AI can enhance learning outcomes, support innovative teaching methods, and align with cognitive neuroscience insights. Leah Belsky, VP of Education at OpenAI, highlighted the potential of ChatGPT in India: “Learning is one of the top uses of ChatGPT for students and adults across the country. Our focus is on making the platform more effective for Indian learners, including local language support and curriculum-aligned guidance.” Through this accelerator, OpenAI will distribute 500,000 ChatGPT licenses and provide…

When it comes to executive leadership, the world’s top CEOs do more than manage companies, they reshape industries, set global trends, and steer multibillion-dollar ecosystems. In return, they command compensation packages that reflect their strategic influence and massive shareholder value creation. Here’s a detailed look at the Top 10 Highest-Paid CEOs in the World in 2025, based on figures reported by The Times of India. Top 10 Highest-Paid CEOs in the World (2025) 1. Elon Musk – Tesla ($23.5 Billion) The world’s highest-paid CEO in 2025, Elon Musk, earns the majority of his staggering compensation through stock options tied to Tesla’s performance.…