Bengaluru: Dynauton Systems, a subsidiary of Dynamatic Technologies Limited, has signed a Memorandum of Understanding (MoU) with Germany-based Aerodata AG to co-develop and manufacture unmanned airborne reconnaissance solutions, primarily for the Indian market. This partnership aims to address the growing demand for sophisticated Intelligence, Surveillance, and Reconnaissance (ISR) platforms in India. The AeroForce X Platform: A Game Changer At the heart of this partnership is Aerodata’s AeroForce X platform, a Medium-Altitude Long-Endurance (MALE) Unmanned Aerial System (UAS). The platform offers capabilities that are integral to meet the unique demands of the Indian armed forces. “The Memorandum of Understanding is a…
Author: Abizar Attari
Abizar Attari
I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.
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Pune: Tech Mahindra has reported better-than-expected Q4 results, posting a consolidated net profit of ₹1,354 crore, a 21% rise quarter-on-quarter (QoQ), beating most analyst estimates. The company’s revenue increased 7.2% year on year (YoY) to ₹ 56,815 crore as well. Additionally, the board declared a final dividend of ₹36 per equity share, underscoring the company’s strong cash position despite a volatile global macro environment. Workforce Dynamics and Utilization The company’s attrition rate has remained stable so far at 12.1%, down from 12.9% in the previous quarter, even as its headcount declined by 1,993 employees during the quarter. The management has…
New Delhi: Très 2026, the sixth edition of this exclusive, by-invitation-only B2B travel event, is set to captivate the luxury travel trade on April 23-24, 2026, at Andaz Delhi. This curated platform celebrates authentic, sustainable hospitality from the Indian subcontinent, uniting 75 handpicked boutique hotels, palaces, havelis, jungle lodges, wellness retreats, and innovative travel concepts. Organized every year since 2006, Très offers networking opportunities to travel designers, destination management companies, and media through over 1,500 one-to-one focused meetings and Ignite Sessions led by industry experts. These sessions explore future travel trends, sustainability, and experiential narratives shaping the subcontinent’s luxury landscape.…
The South Korean President’s recent visit to India generally doesn’t move beyond headlines, as this usually means trade commitments, bilateral dialogue and various announcements. But this time, President Lee Jae-myung’s visit to India comes at a time when both countries need each other, and the event is bound to cement long-standing partnerships. For India, this visit mattered more than just optics, as South Korea’s status as one of the leading industrial economies will be crucial to boost India’s Make in India initiative. South Korea has been a world leader in manufacturing, placing immense emphasis on scalable innovation, problem-solving, and incremental…
Mumbai: Larsen & Toubro’s wholly-owned subsidiary, L&T Energy GreenTech Ltd (LTEGL) has signed an agreement with Japan’s ITOCHU Corporation to supply 300,000 tonnes of green ammonia on a captive or take-or-pay basis. This deal is marks a significant milestone in India’s journey to become a green energy exporter, as this green ammonia partnership will help ITOCHU to boost its bunkering operations across leading maritime routes, especially Singapore. Green Ammonia is a sustainable alternative to grey ammonia, which is used by splitting the hydrogen and oxygen in water and combining it with nitrogen. It is considered a clean fuel as it…
New Delhi: Paisalo Digital Limited, a new-age NBFC, is in the process of transitioning into an AI-led lending platform as it looks to embrace AI to scale up its operations. The company is looking to transform itself into a fully AI-powered lending powerhouse, at a time when it has expanded 4x in the last 3 years and is aiming for more. This transition is aimed to be a structural, technology-led solution designed to unlock 2x of its AUM, 2x of its revenue and PAT over the next three years, cementing its position as a fast-growing AI-led financial institution in India.…
Artificial Intelligence (AI) is gradually replacing the old ways of doing things. This gradual replacement has meant increased demand for AI services and infrastructure, with demand set to grow over the years. According to Stanford University’s 2025 AI Index Report, AI is poised to become the most transformative technology of the 21st century. It has entered every domain, every part of our lives, and will continue to do so, improve and enhance the solutions it provides. For a layman, there is more to AI than the chatbot that you rely on to know to help you with everything under the…
Pune: Persistent Systems has ended the last quarter of FY 2025-26 with a strong performance, reporting a 33.2% year on year (YoY) increase in profit after tax (PAT) to ₹529.26 Cr. The company’s consolidated net profit stood at ₹529.26 crore for the quarter. Revenues from operations grew 7.4% QoQ to ₹405.5 crore, sustained by a increased demand in digital engineering and data led transformation projects across its key verticals. Along with this, the board of directors have recommended a final dividend of ₹18 per share subject to approval at the Annual General Meeting (AGM). “Our approach has consistently been to…
New Delhi: Tata Steel is looking to decarbonize its ironmaking operations in Jamshedpur with a path-breaking technology that hasn’t been used before. In fact, this will be the first time the EASyMelt Technology is being implemented globally, helping Tata Steel stay ahead of its peers by offering ‘green steel’. Cutting Emissions by 50% With steelmaking being known as highly toxic and polluting, this new technology aims to lower the carbon dioxide emissions by more than 50% through its traditional blast furnace operations. Tata Steel aims to retrofit its existing technology with EASyMelt, offering it a ‘hard to abate’ sector solution.…
New Delhi: South Korean gaming giant KRAFTON and Naver Corporation, a leading technology company there, have launched the Unicorn Growth Fund. With a corpus of ₹ 6,000 crore, this fund will invest in startups across technology, AI and DeepTech domains. The Fund will be managed and advised by Mirae Asset Venture Investments (MAVI) — the Mirae Asset group’s private investment platform. It will focus on four high-conviction themes shaping the next decade of the Indian technology economy: The companies made the announcement following a high level meeting between Commerce and Industry Minister Piyush Goyal and Dr. Jung Kwan Kim, South…
