Author: News Desk
Airbus is planning to establish a Research and Development Centre of Excellence at Gati Shakti Vishwavidyalaya in Gujarat. The announcement was made during a meeting between Jürgen Westermeier, MD of Airbus, and Union Minister of Electronics and Information Technology, Ashwini Vaishnaw. Airbus is currently sourcing over $1 billion worth of components from more than 100 Indian suppliers. Strengthening Digital and R&D Presence in India The company’s Digital Centre in Bengaluru serves as a major hub for its digital transformation initiatives and is the second largest such centre after Airbus’ headquarters in Toulouse, France. In 2018, Airbus expanded its digital capabilities…
Indian Oil Corporation (IOC) is expected to place an order for at least 10 medium-range oil tankers through a joint venture led by the Shipping Corporation of India (SCI), with the vessels to be constructed at an Indian shipyard, sources familiar with the matter said. Focus on Domestic Shipbuilding India, the world’s third-largest oil importer and consumer, relies heavily on chartered vessels to transport its energy supplies. Driven by the government’s push for secure energy supply lines, IOC and other state-owned oil companies had initially explored establishing a domestic shipping company to build vessels locally. Constructing ships in India is…
Rolls-Royce has launched its largest and most advanced Global Capability Centre (GCC) in Bengaluru, featuring 700 seats. The facility strengthens the company’s presence in India and adds to its existing operations, where it employs over 2,000 engineers, most of them in Karnataka. Bengaluru’s Aerospace Growth Karnataka’s Large and Medium Industries Minister MB Patil highlighted the city’s rise as one of the top three global hubs for aerospace investment. “Rolls-Royce has been contributing to the state’s aerospace sector from the very beginning, and this new GCC marks another milestone,” he said. The Minister noted that companies such as Aequs and Collins…
Union Minister Ashwini Vaishnaw has announced that the rules under the Promotion and Regulation of Online Games Act, 2025, will come into force on October 1. The move follows years of consultation with online gaming companies, banks, and other stakeholders. “Over the past three years, we’ve held multiple discussions with the industry, and even after the law was passed, we continued engaging with them,” Vaishnaw said. He added that another round of discussions is planned before implementation, and the government is open to extending timelines if the industry needs more time. About the Promotion and Regulation of Online Games Act,…
India has said it will examine the potential impact of the mutual defence agreement signed between Pakistan and Saudi Arabia, which includes a key clause stating that “any aggression against either country shall be considered an aggression against both.” The pact was signed following Pakistan Prime Minister Shehbaz Sharif’s state visit to Riyadh, where he met Saudi Crown Prince Mohammed bin Salman. India noted that the agreement formalizes a long-standing arrangement between the two countries. The Ministry of External Affairs stated: “We have seen reports of the signing of a strategic mutual defence pact between Saudi Arabia and Pakistan. The…
The Indian Navy has signed a ₹66 crore contract with Odisha-based startup Coratia Technologies for the supply of domestically developed Underwater Remotely Operated Vehicles (UWROVs) and an Autonomous Surface Vehicle (ASV). The deal aims to enhance underwater surveillance, enable sonar mapping, and strengthen India’s self-reliance in defence technology. Advanced Capabilities for Naval Operations Under the agreement, Coratia will deliver three platforms—Jalasimha, Jaladuta, and Navya (ASV)—capable of seabed mapping and real-time AI-driven data processing. This marks the first large-scale induction of India-built UWROVs into active naval service, reducing reliance on foreign suppliers and mitigating trade and tariff uncertainties. Boosting Indigenous Innovation…
Infopark, Kerala’s flagship IT hub, is gearing up for a major transformation. The park is planning an initial public offering (IPO), a move that would make it the first state government entity from Kerala to be listed on the stock exchanges. According to officials, the IPO may only happen a few years down the line, once the park’s Phase III and Phase IV projects are firmly in place. As part of this roadmap, Infopark is taking steps to register itself as a company. From charitable society to corporate entity So far, Infopark has functioned as a charitable society, but this…
Israel has officially announced the successful development of the world’s first operational laser-based air defense system. The Iron Beam high-power laser interceptor, jointly developed by the Ministry of Defense and Rafael Advanced Defense Systems, completed a series of successful trials at a facility in southern Israel, the defense ministry confirmed. From Iron Beam to “Ohr Eitan” The system, to be renamed “Ohr Eitan” in memory of fallen soldier Eitan Oster—whose father was among its developers—demonstrated its ability to intercept rockets, mortars, drones and aircraft across varied combat scenarios. It is scheduled to be integrated into the Israel Defense Forces’ air…
India’s market regulator, the Securities and Exchange Board of India (SEBI), has given a clean chit to the Adani Group and its chairman Gautam Adani in connection with allegations raised by US-based short-seller Hindenburg Research. SEBI stated that its probe found no evidence of financial wrongdoing or regulatory violations by the group. Hindenburg report dismissed as baseless Hindenburg had accused the Adani Group of fraudulent practices, including routing funds through related entities and misleading investors. SEBI’s investigation concluded that these claims were unfounded, with no diversion of funds or misuse of loans. The regulator also noted that all loans had…
On the concluding day of the Combined Commanders’ Conference (CCC) 2025 in Kolkata, the Indian Army, Navy, and Air Force announced two landmark decisions aimed at transforming the way India’s defence services operate. The first is the creation of a Tri-Services Education Corps, which merges the three forces’ separate education branches into a single, unified entity. The second is the approval of three new Joint Military Stations across mainland India, marking a decisive move toward integrated defence infrastructure. These reforms are designed to strengthen jointness, streamline logistics, and improve coordination across the services. They also reflect the growing emphasis on…