NewsVoir Bangalore (Karnataka) [India], December 12: Deloitte India announced the winners of the 19th edition of Technology Fast 50 India Awards, recognising the nation's fastest-growing tech companies of 2024. This year's awards spotlight the dynamic growth of startups across sectors such as artificial intelligence (AI), clean energy, healthcare, supply chain, and education. Delhi NCR led the rankings with 16 winners, followed by Bangalore and Mumbai. Notably, 2 winners from tier two and tier...Read More
Rossell India Ltd has acquired a tea garden in Assam capable of producing 1.8 million kg of tea for ₹64.2 crore, daring the perceived gloom and doom surrounding the industry. The Dhoedaam tea estate in Tinsukia district would be the largest in the Rossell stable, upping the company's production capacity by 40 per cent to 7 million kg. "After demerger of the defence and the aerospace business, we have sharpened our focus on tea. We believe in the long-term prospect of the tea industry," Sunil ...Read More
Mumbai, Dec 11 (VOICE) The Defence Research and Development Organisation (DRDO) on Wednesday got the revolutionary iBooster green propulsion system.Designed specifically for 100-500 kg satellites, the iBooster system was developed by the Mumbai-based deep-tech startup Manastu Space Technologies. It facilitates critical operations such as orbit raising, station-keeping, and deorbiting. The system's proprietary hydrogen peroxide-based fuel ensures enhanced performance, safety, and sustainability ...Read More
BANGALORE, India, Dec. 11, 2024 /PRNewswire/ -- Rossell Techsys Limited (ROSSTECH), a leading aerospace and defense service provider, has been awarded the prestigious 'Outstanding Supplier Recognition' by Lockheed Martin at the 10th Lockheed Martin Suppliers Conference held at Bangalore. This honour was bestowed for its exceptional performance as a sub-tier partner, delivering high-quality products and services in support of Lockheed Martin's Global commitments. From left to right: Prabhat Bhag...Read More
BANGALORE, India, Dec. 11, 2024 /PRNewswire/ -- Rossell Techsys Limited (ROSSTECH), a leading aerospace and defense service provider, has been awarded the prestigious 'Outstanding Supplier Recognition' by Lockheed Martin at the 10th Lockheed Martin Suppliers Conference held at Bangalore. This honour was bestowed for its exceptional performance as a sub-tier partner, delivering high-quality products and services in support of Lockheed Martin's Global commitments. The recognition highlights Rosse...Read More
New Delhi: The Centre on Monday discussed imposing a safeguard duty on steel to protect against cheap imports, steel overcapacity in China and the impact on India if the incoming Trump administration places curbs on steel imports or levies tariffs on the alloy, as well as the issue of stuck steel consignments at ports. The issues were taken up at a meeting between Commerce and Industry Minister Piyush Goyal and Steel and Heavy Industries Minister H D Kumaraswamy. Officials said the steel minis...Read More
Indian startups nearly reached $1 billion in funding in November, boosted by major deals in e-commerce, healthtech, and fintech. While funding was slightly lower than in October, big investments in companies like Zepto and HealthKart showed strong investor interest. According to data compiled by TheKredible, Indian startups raised $972 million across 90 deals, with growth and late-stage funding dominating at $708.12 million from 14 deals. Early-stage funding contributed $263.5 million through...Read More
Hyderabad-based Sigma-9 Aerospace and Defence Research Centre Pvt. Ltd. launched its anti-nuclear shield, a cutting-edge pioneering technology to safeguard humanity and environment from the devastating effects of nuclear explosions and their radioactive aftermath. The launch programme held in Begumpet, Hyderabad on Sunday (December 1, 2024) was attended by leading scientists, defence experts and dignitaries, including Rear Admiral Mohan Doss. Mr. Doss said that peace exists today because o...Read More
Over 40 companies, including WorldQuant and IMC, join IIT Bombay's placements The final placement process for 2024 kicked off on Sunday at premier IITs, including Delhi, Bombay, Madras, Kanpur, Roorkee, Kharagpur, Guwahati, and BHU. Students have started receiving impressive job offers, highlighting the robust demand for talent from these institutions. The placement season at IIT Bombay began with great enthusiasm, with more than 45 companies taking part on the opening day. A standout moment c...Read More
Beijing [China], November 29 (ANI): China's defence ministry announced that a high-ranking military official has been suspended and is under investigation for corruption, as President Xi Jinping expands his extensive crackdown on senior members of the country's military, CNN reported. Admiral Miao Hua, a member of the influential Central Military Commission (CMC), China's highest military authority chaired by Xi, is being investigated for "serious violations of discipline"--a term often used to...Read More
Market-leading conglomerate stock of Mukesh Ambani rose by 2 percent after the acquisition of a 21 percent stake in US-based Wavetech Helium for $12 million. This strategic investment is expected to strengthen Ambani's portfolio in the global tech and energy sectors. In Friday's trading session, Reliance Industries Limited's share price reached an intra-day high of Rs.1,299.50 per share, representing a 2.2 percent rise from its previous close of Rs.1,270.80 apiece. The share has retreated since...Read More
The diplomacy in a fast-paced world revolves around the law of conservation of power. By power here I mean sources of energy which can drive moving objects at their utmost speeds. In the last 100 years, fossil fuels have changed the face of the Arab World. Now that the world is moving away from fossil fuels, there is a renewed competition to grab the first movers advantage. This intense competition will see diplomacy at its absolute ruthlessness, business wars in extreme forms, and manhandling o...Read More
ndia and France have a huge potential for partnerships in renewable energy with the International Solar Alliance (ISA) spearheaded by the two countries turning out to be "a runaway success," Commerce & Industry Minister Piyush Goyal said on Wednesday. Addressing the Asia Pacific Commission (APAC) 2024 Forum organised by the French Foreign Trade Advisors here, the minister said over 100 countries have taken membership of this alliance co-sponsored by India and France. Elaborating on the sol...Read More
New Delhi, Nov 27: India and France have a huge potential for partnerships in renewable energy with the International Solar Alliance (ISA) spearheaded by the two countries turning out to be "a runaway success," Commerce & Industry Minister Piyush Goyal said on Wednesday. Addressing the Asia Pacific Commission (APAC) 2024 Forum organised by the French Foreign Trade Advisors here, the minister said over 100 countries have taken membership of this alliance co-sponsored by India and France. Elabor...Read More
As a part of the new agreement between Mazagon Dock and BEML, Mazagon Docks will make facilities available to BEML's research team in exchange for their technical support to design and manufacture strategic equipment, reported PTI. The government-owned BEML Ltd. (formerly known as Bharat Earth Movers Ltd) announced on Wednesday, November 27, that it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry, news agency PTI reported. According to the...Read More
Investing.com -- Boeing's operational recovery is gaining traction following disruptions caused by a recent strike, according to Bank of America analysts in a note Tuesday. In a note, BofA highlighted key signs of improvement in the aerospace giant's production and delivery operations. The bank, citing Aero Analysis Partners/AIR (AAP/AIR), said: "In the past week alone, the company delivered three 737s, bringing the November total to four." The number of 737s in pre-delivery flights is also s...Read More
The Engineering, Procurement, and Construction (EPC) sector in India plays a pivotal role in infrastructure development, driving projects across sectors like energy, construction, transportation, and utilities. EPC companies handle the entire project lifecycle, from design and procurement to construction and commissioning. The sector has witnessed significant growth, fueled by government initiatives like the National Infrastructure Pipeline (NIP) and increased private investments. Major players...Read More