The Indian Air Force (IAF) has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Madras for technology development and finding indigenous solutions for the sustenance of various weapons systems.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
EXAMIANS