Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
The Badminton World Federation (BWF) has approved the adoption of the 3x15 scoring system, set to take effect on January 4, 2027, following a vote at its Annual General Meeting in Horsen, Denmark. The decision aims to enhance the sport's appeal, improve match scheduling, and benefit player welfare, despite reservations from some leading Indian players.
A fire in a Delhi residential building resulted in nine deaths, with central locking systems and iron grills hindering escape efforts. The fire, suspected to have been triggered by an air-conditioner blast, trapped residents and complicated rescue operations.
In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.
Prime Minister Narendra Modi has introduced a 'Sapta Dhara' (seven-stream) reform framework, aiming to propel India into a developed nation by 2047. This comprehensive plan focuses on key sectors including manufacturing, agro-food processing, technology, logistics, defence, green and blue economy, and soft power, leveraging the nation's youth potential.
Researchers at Delhi's Indraprastha Institute of Information Technology have developed 'MutAIverse', a generative AI platform designed to decode DNA damage and identify potential causes of cancer. Tested on head and neck cancer patients in Guwahati, the platform successfully traced exposure to smokeless tobacco as a contributing factor. This innovation aims to shift focus from just diagnosis to understanding causative factors, potentially aiding in prevention and protection.
Chandigarh is set to launch the Central Bank Digital Currency (CBDC), or digital rupee, for Direct Benefit Transfer (DBT) under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) on August 14. This initiative makes Chandigarh the first Union Territory to fully roll out CBDC-based DBT for food subsidy, enhancing transparency and efficiency in welfare delivery. The digital rupee, issued by the RBI, will be purpose-bound for purchasing foodgrains from authorised merchants.
India have never looked so vulnerable in Test cricket in recent times. They need a complete reset of their approach to Test cricket, and perhaps a new coach with fresh ideas could revitalise Shubman Gill and his boys.
Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.
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.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Bengaluru-based electric air taxi startup Sarla Aviation has received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA), a crucial step towards commercial production of its indigenous electric vertical take-off and landing (eVTOL) aircraft. The company also inaugurated its new headquarters and announced partnerships, highlighting India's growing capabilities in advanced aerospace technology.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
Indigenous smartphone brand Ai+ has announced a Rs 100 crore bug bounty program over five years, inviting independent researchers to identify and address security vulnerabilities. This initiative, named Project Trust+, aims to foster a collaborative environment with the tech community to enhance the safety and resilience of Ai+ products, reflecting the company's commitment to transparent and collaborative security development.
According to former India coach Rahul Dravid, Vaibhav Sooryavanshi's development must balance white-ball success with sustained red-ball exposure, giving the teenager time, patience and experience to eventually become a Test cricketer.
Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.
Organisers of the upcoming BWF World Championships have undertaken extensive upgrades at the Indira Gandhi Stadium in Delhi, including anti-bird measures, non-toxic gels, and even 'monkey whisperers', to prevent a repeat of the hygiene and disruption issues experienced during the India Open earlier this year.
Vaibhav Sooryavanshi will get a golden chance to improve upon his none too impressive first class numbers when East Zone take on the severely inexperienced North East Zone in the quarter-final of the Duleep Trophy.
In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.
Indian-origin tech executive Uday Ruddaraju has been appointed Chief Technology Officer, Compute at OpenAI, a year after leaving Elon Musk's xAI. Ruddaraju, an alumnus of Hyderabad's Chaitanya Bharathi Institute of Technology, announced his new role on LinkedIn, highlighting OpenAI's mission to build the world's largest compute footprint for frontier AI.
Scientists discover tiny whirlpool-like swirls on the Sun that could explain solar activity, improve space weather research and solve a decades-old solar mystery.
'This is no longer a single-hazard problem; it is a cascading, multi-hazard problem. A landslide never occurs in isolation. This entire chain is the cascading effect of what looks, at first, like a single disaster.'
Hotel officials claimed the fire was caused by a short circuit. A woman from Kolkata, who managed to escape the blaze, recalled the panic inside the hotel.
Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.
India's chief badminton coach Pullela Gopichand believes the sport's upcoming shift to a 15x3 scoring system will lead to some players being 'wiped off' due to the increased premium on speed, power, and mental strength.
Built as an expendable, short-duration turbojet engine for single-mission applications, it can power tactical cruise missiles, anti-ship missiles, and long-range loitering munitions.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.
The NASA-ISRO NISAR satellite has provided crucial data revealing the extent of ground displacement caused by recent twin earthquakes in Venezuela. Researchers used the satellite's InSAR technique to map surface changes, showing a significant 60-centimetre shift in areas like Caracas and La Guaira, explaining the severe damage. This marks the first use of NISAR's urgent response system for earthquake surface displacement mapping.
The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.
Clashes erupted between police and students in Jharkhand protesting alleged irregularities in recruitment exams, even as the high court provided interim relief by staying notifications cancelling appointments for Child Development Project Officers and those recruited through JSSC-CGL tests.
Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.
'... to see that young people are gainfully employed. After that, it will become very difficult as we will start ageing much more rapidly.' 'We have a huge proportion of Gen Z. After 2030, every year, we will start seeing a gradual shift towards a slightly older society.'
'Think of the brain like a machine, and Alzheimer's is like rust.'
'Like a rusty machine breaks down, a rusty brain also breaks down. And when it breaks down, you have memory loss, cognitive issues and so on.'
Flipkart-backed Scapic Innovations, operating as super.money, has launched splitStore, a credit-linked e-commerce platform targeting Gen Z. It allows customers to split payments into interest-free installments, with the goal of contributing 20% to total revenue by December and transforming how India shops by providing instant access to products for new-to-credit users.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.
