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    Optiemus Infracom plans to invest Rs 140 crore in drone-as-a-service model

    The company had formed a subsidiary Optiemus Unmanned Systems (OUS) in 2023 with an initial investment of Rs 25 crore to design drones. OUS, on Thursday, announced a range of drones for agricultural and mapping use-cases.

    Sebi asks stock brokers to put in place system for surveillance of trading activities

    In the midst of a strong bull market, Sebi has introduced new guidelines for stock brokers aimed at preventing and detecting fraud and market abuse. These guidelines, outlined in Chapter IVA of the Broker Regulations, mandate surveillance systems for trading activities, internal controls, obligations for brokers and their employees, escalation procedures, reporting mechanisms, and the implementation of a whistle-blower policy.

    Here's why popular street food momos in monsoon can be dangerous

    During the monsoon season, enjoying street foods like momos can be risky due to increased contamination from bacteria, viruses, and fungi. This article explores the specific health hazards associated with momos during the rainy season and provides essential precautions to stay safe.

    Sebi notifies institutional mechanism for brokers to prevent mkt abuse

    Brokers must biannually report suspicious activities to stock exchanges. Sebi's amended PFUTP rules, effective from June 27, aim to prevent manipulative trade practices.

    Airbus says will buy 'major activities' of subcontractor Spirit

    European aerospace giant Airbus announced on Monday its intention to acquire major activities related to Airbus from subcontractor Spirit AeroSystems. This move comes as US competitor Boeing prepares to take over the majority of Spirit AeroSystems' operations.

    India’s new finance hub in Gujarat eyes real-time dollar settlement by 2025

    Real-time dollar settlement in India’s newest financial hub in Gujarat, GIFT City, is set to begin later this year. The service aims to attract foreign investors by streamlining transactions and reducing delays.

    • Northeast floods: Home Minister Amit Shah backs use of satellite imagery provided by ISRO

      Union Home Minister Amit Shah proposed creating 50 large ponds in the Northeast to divert Brahmaputra water for flood management, agriculture, and tourism. He emphasized using ISRO satellite imagery for water management and preparing for Glacial Lake Outburst Flood (GLOF) risks.

      Govt trying to do 'damage control': Congress on implementation of law to curb exam irregularities

      Congress leader Jairam Ramesh has defended the implementation of a law to prevent unfair means in competitive examinations, stating it is "damage control". The law, which aims to curb malpractices and irregularities in competitive exams, was operationalised on June 21, 2024, following protests over alleged irregularities in medical entrance exams. The law entails provisions for a maximum jail term of 10 years and a fine of up to Rs 1 crore for offenders.

      Made in India Netra, Pinaka Systems attract European, Southeast Asian interest

      The AEWC is a system developed by the Centre for Airborne Systems and two of their aircraft are already flying with the Indian Air Force giving wide coverage of the adversaries' activities along both western and northern front of the country. The Indian forces are going to get 12 more of these airborne systems in different configurations.

      A year apart, Kanchanjunga train mishap brings back memory of Coromandel tragedy

      Train Accident Today (Google Trends): The recent collision of a goods train with the Kanchanjungha Express in Darjeeling district, West Bengal, has raised concerns about railway safety. Similar to the Coromandel Express disaster in June 2023, signalling errors were reportedly a factor. The Coromandel Express collision, which resulted in India's worst railway disaster in three decades, highlighted the need for improved safety measures. The incidents underscore the importance of addressing issues in signalling and communication systems to prevent such tragedies in the future.

      CFF, Atlas Elektronik partner for indigenous sonar project

      An Indian engineering firm, CFF Fluid Control Ltd, has partnered with Atlas Elektronik GmbH, a division of German defence major Thyssenkrupp Marine Systems, to supply 12 low-frequency variable depth sonar systems for Indian Navy anti-submarine warfare vessels. The sonars will be produced in India by CFF, supporting the government's self-reliance goals. The technology is proven in Indian waters through previous Atlas Elektronik projects. The systems will be used on vessels from Garden Reach Shipbuilders and Engineers Ltd and Cochin Shipyard Limited.

      Army launches integrated generator monitoring, control system 'Vidyut Rakshak'

      The Indian Army has launched 'Vidyut Rakshak', an integrated generator monitoring, protection, and control system developed by the Army Design Bureau (ADB). This tech-based innovation, part of the Army's 'Year of Tech Absorption', utilizes Internet of Things (IoT) technology to monitor, predict faults, and automate manual operations of all existing generators, regardless of type or make. The system aims to save manpower and signifies the Army's commitment to leveraging technology for transformative change. Vidyut Rakshak was showcased during Aero India 2023 and has already been inducted into the Indian Army.

      SLCM Group secures second Agri Reach application patent for real-time quality control monitoring in warehouses

      SLCM acquires second Agri Reach patent for real-time quality control data monitoring in warehouses, bolstering agricultural ecosystem self-reliance.

      Mumbai Airport Shock: IndiGo lands while Air India takes off, here's what went wrong

      A close call occurred at Mumbai Airport when an IndiGo flight landed while an Air India plane was taking off, breaching the safety margin. Both airlines claimed they were following Air Traffic Control (ATC) clearances, highlighting the challenges faced by pilots and controllers in managing heavy traffic at the airport's single operational runway.

      CBIC starts electronic disbursal of duty drawback to exporter's bank accounts via PFMS

      CBIC introduces electronic disbursement of duty drawback amounts to exporters' bank accounts via PFMS platform, enhancing transparency, efficiency, and global trade facilitation standards.

      Titagarh Rail Systems opens innovation engineering centre in Bengaluru

      Kolkata-based Titagarh Rail Systems Ltd inaugurated an engineering centre in Bengaluru, Karnataka. The centre focuses on innovation and design for TCMS and advanced propulsion systems.

      Delhi's discoms relying on advanced-technology transformers to ensure uninterrupted power supply

      Delhi's power distribution companies (discoms) rely on advanced technology transformers to meet peak demand amid scorching temperatures. BSES and TPDDL utilize transformers designed to operate efficiently even in extreme heat, ensuring uninterrupted power supply. With remote monitoring and cooling systems, these transformers withstand Delhi's environmental challenges, preventing outages.

      Portugal dispels Schengen Area suspension fear with new border control systems

      Concerns about Portugal's potential suspension from the Schengen Area have been alleviated by a joint statement from the Portuguese government and SEF, addressing the implementation of new border control systems.

      Trading journal is the most underrated risk mitigation technique. Here’s a 5-step guide

      The trading journal is an indispensable for enhancing trading skills. It helps to systematically record all trades that enables us to identify the strengths and weaknesses, analyze trades, and create a profitable strategy. Finance Minister Nirmala Sitharaman emphasized the benefits of using a trading journal to enhance trading skills and profitability, highlighting the importance of stability in the financial market to protect investors.

      Delhi's pollution worsens: This May is already more polluted than the previous 2 years

      Pollution data indicates that the average Air Quality Index (AQI) from May 1-16, 2024, was 233. However, the average AQI during the same period was 182 in 2023 and 215 in 2022.

      Set up system for reporting adverse events: Regulator to medical device companies

      The government mandates companies to carry out post-market surveillance (PMS) of medical devices with an aim to ensure the safety and performance of the devices.

      EV components maker Matel raises $4 million in funding

      Matel makes components like power trains and motor control units for EVs. This funding round saw participation from investors like Nikhil Kamath-backed Gruhas and from Haresh Abichandani, the founder of electronic components firm Millenium Semiconductor.

      Portugal is facing suspension from the Schengen Zone. Here's what you need to know if you have a trip planned

      Travelers eyeing Portugal must be aware of the EU's pressure on the country to implement a new border control system by July 2024, or face suspension from the Schengen Area. Delays attributed to bureaucratic hurdles and financial constraints highlight the urgency and potential impact on tourism and travel plans.

      Pune: Automatic Rs 10,000 challan at petrol pumps for not having this document. Check latest rule

      Pune Traffic Rule: Authorities in India working on stricter regulations to reduce vehicular pollution, promoting eco-friendly fuels and electric vehicles. Pune authorities have developed automated system using advanced cameras at petrol pumps to penalize vehicles without valid PUC certificates. Waiting for official confirmation on timeline for implementation. Drivers may have a grace period to renew PUC certificates.

      Plea in SC seeks review of EVM VVPAT verdict

      A review petition has been filed in the Supreme Court, challenging its rejection of reverting to paper ballots and cross-verifying EVM votes with VVPAT. The court dismissed manipulation suspicions of EVMs in its April 26 judgment, permitting limited EVM verification. The ruling also sealed symbol loading units post-elections.

      Best Biometric Attendance Machines under 5000 in India (2024)

      Are you looking for a biometric machine? If so, then continue reading this article where we have curated a list of the best biometric attendance machines under 5000 in India. All of these machines are available on Amazon and you can place your order using the buying links shared in the article below.

      AI-controlled US Air Force F-16 Fighter Jet: All you need to know

      US Air Force is planning to induct over 1000 AI Operated drones in its fleet. Some concerns have emerged over induction of autonomous weapon systems including fighter aircrafts.

      What is the new 'Akashteer Command and Control Systems' and how will it enhance India's air defences

      The Indian Army has initiated the induction of control and reporting systems under 'Project Akashteer' to enhance its air defense capabilities. Developed by Bharat Electronics Limited (BEL) as part of the 'Atmanirbhar Bharat' initiative, this project aims to deliver an unprecedented level of situational awareness and control. The deployment of 'Akashteer' marks a significant move towards enhancing India's defense capabilities and technology absorption.

      Indian Army boosts air defence capabilities with 'Akashteer Control and Reporting Systems'

      India's Corps of Army Air Defence has begun the induction of 'Akashteer Command and Control Systems', a project developed by Bharat Electronics Limited (BEL) as part of the Atmanirbhar Bharat initiative. The deployment of Akashteer, aimed at enhancing operational efficiency and integration of the Army's air defence mechanisms, began with the flagging off of the first batch of Control Centres from BEL Ghaziabad on April 4, 2024. The project, designed to automate Air Defence Control and Reporting processes, will provide a unified network for radar and communication systems, enhancing situational awareness and control in air defence operations.

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