NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
IndiGo, India's largest airline, has placed a record-breaking order with CFM International for over 1,000 LEAP-1A engines to power its 510 Airbus A320 neo family aircraft. This significant deal, announced at the Farnborough International Airshow, also includes extensive MRO support and material services, reinforcing CFM's commitment to the Indian aviation market.
Commodities experienced significant volatility in Samvat 2082, with crude oil emerging as a major gainer due to the US-Iran conflict, while gold and silver surrendered much of their earlier rallies, driven by geopolitical tensions, supply disruptions, and shifting interest rate expectations.
An IndiGo flight bound for Chennai from Delhi received a threat message on Friday afternoon, causing it to return to the bay at Delhi airport. After thorough security checks, the aircraft was cleared and later departed for its destination. The message, found in a lavatory, warned "Do not fly 6E 6091".
IndiGo is undertaking a comprehensive review of its long-standing policy against fuel hedging, particularly in light of rising jet fuel prices and its ambitious long-haul expansion plans. CEO Willie Walsh stated that while domestic competitors don't hedge, international expansion necessitates a re-evaluation to manage risk and provide stability against volatile fuel costs.
Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track
Boeing has identified a software issue in some 737 MAX planes that could disengage the automated flight guidance system after a missed landing approach. The company is developing a permanent solution and has advised operators on interim procedures. Indian carriers Air India Express and Akasa Air operate these aircraft, with Akasa Air stating no impact on their safety.
India concluded the Commonwealth Cue Sports Championships with an impressive haul of 13 medals, including three gold, five silver, and five bronze. Indian athletes excelled across various disciplines like men's snooker, women's English Billiards, and men's English Billiards, securing top honours and demonstrating strong performances against international competitors.
India is deeply concerned by the growing consolidation of Pakistan-backed jihadi and radical Islamist groups in Bangladesh, particularly in the strategically vital Chittagong Hill Tracts, which experts warn is transforming the country into a new safe haven for these networks and posing a direct threat to India's security.
GE Aerospace is set to significantly increase its supply chain spending in India, targeting USD 400 million by 2030, up from USD 200 million in 2025. This expansion reflects the company's commitment to India's burgeoning aviation market, driven by substantial aircraft orders and the strategic importance of its manufacturing and technology centres in Pune and Bengaluru.
Slim, powerful and built for serious gaming, Acer's Predator Helios Neo 16S AI packs high-end hardware into a remarkably sleek chassis.
The MacBook Neo starts at Rs 69,900 for the entry version with 8 GB integrated RAM and 256 GB capacity, while the 512 GB model costs Rs 79,900.
The CPI and CPI(M) have announced they will contest one Assembly segment each in the upcoming Tamil Nadu bypolls, while continuing their outside support for the ruling TVK. This decision creates a five-cornered contest and highlights the Left parties' independent stance, aimed at preventing indirect BJP influence and addressing public issues.
Economy passengers are paying more year-on-year while business travellers are paying less.
Looking at the best Tom Cruise films outside the Mission: Impossible franchise that proves just how versatile the superstar can be.
GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.
Six faculty members from IIT Madras have been awarded the prestigious ANRF J C Bose Grant, recognising their outstanding research contributions in engineering and science. The highly competitive grant provides Rs 25 lakh annually for five years to support frontier research.
Four Indian students were among those injured in a stabbing attack at a university in Russia's Bashkortostan Republic. Authorities are investigating the incident, and the Indian Embassy is providing assistance.
Two Air India Group pilots have failed initial drug tests, with their samples sent for confirmatory analysis. This comes after mandatory psychoactive substance testing was implemented following an incident where a pilot tested positive for marijuana after a flight lost altitude.
Enjoy Alia-Sharvari's fighter fervour, back to back Bobby Deol and tons more on OTT this week.
The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.
Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
Crude oil futures surged over 3 per cent, snapping a three-session losing streak, as renewed military escalation in West Asia revived fears of supply disruptions, driving prices higher on both domestic and international exchanges.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
Apple has increased the starting prices of MacBook and iPad models by 20-42 per cent compared to their launch prices across the globe, including India, mainly due to higher memory chip costs. The new price list on Apple India's website shows that the company has increased the price of the MacBook Pro built on the M5 series chip by about 20 per cent.
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony blending Scottish heritage and a strong message of sustainability. King Charles III declared the Games open, highlighting efforts to combat plastic pollution. The event featured a unique indoor setting, an early athletes' parade including the Indian contingent, and diverse musical and cultural performances, setting a new precedent for the multi-sport event.
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.
You may not know that nearly every year a handful of asteroids skim past Earth at distances that are startlingly close in astronomical terms.
Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.
From Mollywood Times to Mohiniyattam, these black comedies from South Cinema prove that the darkest humour can also deliver the sharpest entertainment.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
A property near Heathrow Airport, London, worth Rs 7.5 crore has been attached by the Enforcement Directorate (ED) in connection with a bank loan fraud case involving Neo Corp International Ltd.
The Shiv Sena (UBT) has demanded the imposition of president's rule in West Bengal, citing alleged attacks on Trinamool Congress MPs and accusing the BJP government of sponsoring violence and undermining democracy.
'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'
'Both men understand the stakes. They are not about to squander what they have.'
Ideology is dead; long live the numbers game that is being played with the sole intention of securing a two-third majority in the Lok Sabha for the NDA, observes Nilanjan Mukhopadhyay.
'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
Police in Maharajganj, Uttar Pradesh, have arrested three alleged interstate drug smugglers and seized banned narcotic tablets worth approximately Rs 1 crore near the India-Nepal border.
Anurag Kashyap, despite his claims of being done with Bollywood, continues to deliver compelling cinema, with his latest film 'Bandar' set to release on June 5.
