Day: May 16, 2025

LIC-owned Paisalo Digital has approved the issuance of Non-Convertible Debentures (NCDs) worth up to ₹50 crore at a 10 per cent coupon rate, maturing in 24 months. Despite recent gains in May, the NBFC’s stock remains over 47 per cent down year-on-year.

Indian space technology company InspeCity has announced a $5.6-million seed-funding round to power its vision of sustainable space operations.

“I’ve often chosen unconventional or early paths, guided by a desire to challenge the status…

Solar Defence and Aerospace (SDAL) successfully tested Bhargavastra, a low-cost counter-drone system, at the Gopalpur firing range. The system uses micro rockets to neutralize drone swarms, marking progress in India’s drone defense capabilities. Prime Minister Modi reviewed indigenous defence projects, including the Nagastra-3 loitering munition, highlighting advancements in India’s defence technology.