The National Company Law Appellate Tribunal (NCLAT) on Wednesday directed three aircraft lessors of Go First to approach NCLT over their claims for possession of aircraft, whose leases were terminated by them prior to initiation of insolvency proceedings against the Wadia group entity. The appellate tribunal directed Accipiter Investments Aircraft 2, Eos Aviation 12 (Ireland) […]
The Chinese People’s Liberation Army (PLA) is creating tools for strategic guidance and training personnel necessary to support traditional war fighting disciplines, and is developing computer network operations (CNO) capability. And it uses cyber operations to target its other rivals. The Chinese academic community and hacker groups around the world are heavily focused on researching […]
Possibilities of co-producing jet engines which will power India’s indigenous fighter jets have intensified ahead of Prime Minister Narendra Modi’s state visit to the US next month. At the recently concluded meeting of the 17th meeting of India-U.S. Defence Policy Group (DPG) in Washington DC last week, chaired by Indian Defence Secretary Giridhar Aramane and […]
Amid tight security, leaders of G7, guest countries and members of international bodies are reaching Hiroshima for a three day summit, which will be followed by the QUAD Leaders summit. According to foreign secretary Vinay Kwatra, “Prime Minister Narendra Modi will leave on Friday for the three nation tour and the first leg is Hiroshima, […]
byteXL, an experiential learning platforms for IT career aspirants, has today announced the strengthening of its senior leadership team with the appointment of four industry professionals. As per the company, these hires will play pivotal roles in driving the company’s growth, fostering innovation, and revolutionizing learning experiences for students across the 100+ institutes that byteXL […]
By Davide Barbuscia and Pete Schroeder As talks over raising the U.S. government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the relatively short time […]
The latest edition of IPL is gradually gathering pace despite starting off slow. According to the recent update on IPL-16 from TAM Sports, a sports division of TAM media research, the number of categories and advertisers has increased during matches 28-54 as compared to matches 1-27. The categories grew to 40-plus in matches 28-54 from […]
E-buses are going to sway the national capital soon enough and the preliminary work has already begun! We all know that the government is planning to go all electric by 2025, so naturally upgrading the infrastructure of these bus depots is the primary agenda. Delhi’s transport department has already begun working on redeveloping or upgrading […]
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Activision Blizzard by Microsoft. The approval is conditional on full compliance with the commitments offered by Microsoft. The commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared to the current […]
Innovations for Defence Excellence (iDEX), the flagship initiative of the Ministry of Defence, has signed its 250th contract – first under Mission DefSpace – and 100th SPRINT (Navy) contract in New Delhi on May 15. The contracts were signed in the presence of Defence Secretary Shri Giridhar Aramane and other senior civil & military officials. […]