Author: Abizar Attari
News Editor

Hyderabad: Defence Equipment Manufacturer Zen Technologies has announced the launch of its AI-driven anti-drone system aimed at tackling the growing threat of autonomous drone swarms and precision-guided loitering munitions.  Launched on the sidelines of the North Tech Symposium 2026 in Prayagraj, this announcement comes at a time when global warfare is being redefined by asymmetric warfare. Traditionally, multi-million dollar defence systems struggle to detect or neutralize small, low flying and highly maneuverable drones, but Zen’s new system has been specifically engineered to close this gap. The Technology: Modular & AI-Centric Unlike legacy systems, this platform is built on a modular…

Maryland, USA: On one side, the Trump administration is making it harder than ever to get an H1-B visa for Indian professionals, while on the other, a high ranking US official was praising India for its contributions to support more than 70,000 American jobs and investing about $16.4 billion in the economy. “We are pleased to welcome your investment from India. According to available cumulative data, the total stock of foreign direct investment from India to the United States was approximately USD 16.4 billion, which supported approximately 70,800 jobs, USD 313 million in research and development spending and USD 1.5…

Mohali, Punjab: Despite a global pricing challenge for agrochemicals, Punjab Chemicals and Crop Protection Limited (PCCPL) has delivered mixed numbers for the quarter ended March 2026, having successfully reduced its debt and expanded its portfolio.The company has reported a consolidated revenue of ₹208.6 crore for the quarter, a modest 3.1% year on year increase from ₹ 202.3 recorded in the same period last year. The company’s profits, however, have increased 55.8% year on year from ₹7 crore to ₹11 crore, even as its margins have increased 49.4% for the quarter, given that the company has boosted its operational efficiency and…

Bengaluru: The Address Maker Group, one of Bengaluru’s leading real estate developers, has officially appointed ArisUnitern RE Solutions (Unitern) as its strategic Land Advisory and Business Development partner. According to the partnership, Uniterm will help scale The Address Makers’ project pipeline across various micro markets in the Mumbai MMR and Bengaluru with ‘institutional-grade’ precision.  Unitern will act as an ‘extended arm’ for the developer, helping it secure deals throughout the entire land transaction lifecycle, including: Market Intelligence: Identification of high-potential opportunities and detailed micro-market assessments. Execution: Handling negotiations, due diligence, deal structuring, and making definitive agreements. Diversified Deal Types: Sourcing…

Chennai: Oriental Hotels Limited (OHL), an associate company of The Indian Hotels Company Limited (IHCL), has announced a 59% rise in its net profit to ₹70.77 crore for Q4 FY26, from ₹44.52 crore during the same period last year. The total revenue for FY26 has reached ₹500.66 crore, from ₹444.63 crore a year ago, with its EBITDA growing to ₹139.82 crore strengthened by a 11% increase in the Revenue Per Available Room (RevPAR). The results have been attributed to sustained domestic demand, even as the company has upgraded its portfolio during the year. Following these results, the company’s board has…

After more than six months of decline, Bitcoin has rebounded back to the $80,000 threshold as investors renew their faith in the digital currency. This rally has come at a time when sustained Bitcoin ETF inflows, surpassing $630 million in recent sessions, have boosted the cryptocurrency market, buoyed by the renewed optimism as the US clears the hurdles to pass a critical crypto-friendly legislation. The Clarity Act: A Clear Path This week’s crypto appreciation has come after the long-delayed and debated Clarity Act is now law, even some pressing concerns regarding its stablecoin provisions have been raised frequently. Eventually, the…

The AI wave sweeping across the world has resulted in an ‘AI gold rush’ with technology giants racing to meet the ever-growing demand. This has meant more investments in sectors critical to AI infrastructure, and Indian companies are racing to meet demand. With more than 65% of Indians now using AI regularly, all companies working in the sector (those without are partnering with those who are) are ramping up investments in India. Currently, India generates about 20% of global data but has just 4% of the data center capacity. According to a report by IT hardware industry body MAIT, India’s…

Mumbai: Lloyds Metals and Energy Limited (LMEL) has announced a significant expansion of its iron ore pellet plant at Konsari in Gadchiroli in Maharashtra. This would strengthen its production capabilities, as this would be the second 4 MTPA pellet plant at Konsari. With the first plant already operating at 100% utilization, this doubles Lloyds’ metals’ total pellet capacity to 8 MTPA, solidifying its position amongst merchant pellet producers. Fast-Track Execution: A 16-Month Timeline The company managed to construct and commission the second unit in a record 16 months from the date of commencement, a game changing achievement. This swiftness is…

New Delhi: With limited prospects for growth at home, Haryana’s farmers are now looking at Africa as a source of income. The Haryana Government, with the cooperation of the Central Government, has signed a Memorandum of Understanding (MoU) with the government of Tanzania to lease 1,00,000 acres of farmland to grow various crops.  “The land is mineral-rich, and whatever you grow, you will have a very good crop. The land lies between the Tanzanian city of Dar es Salaam and the country’s capital, Dodoma. I am reaping benefits after I took the decision to explore the Tanzanian market,” Somveer Ghasola,58,…

Kanpur: Kanpur Plastipack Limited has reported a 6.16% rise in revenues to ₹183 crore in Q4 FY26 with its net profits rising 21.9% year on year from ₹11.91 crore in Q4FY25 to ₹14.53 crore this time.  The company has attributed its capacity expansion plans, where it has already added 10% of its 6,000 MT of planned Flexible Intermediate Bulk Containers(FIBC)  expansion scheduled for the next five yea₹ It is also constructing a state-of-the-art Roll Management System to enhance inventory control, with construction to be completed by September 2026. The Export Moat The plastic packaging company has been successfully boosting its…