Chennai-based drone startup Garuda Aerospace Pvt Ltd on June 22 announced that it has teamed up with Malaysia-based HiiLSE Global Sdn Bhd (HiiLSE Drones) to set up a 2.42 hectares drone factory in Malaysia with an investment of Rs 115 crore.
The Tamil Nadu government signed a Memorandum of Understanding (MoU) with the India Post Payments Bank (IPPB) for obtaining life certificates from pensioners through doorstep services of the Postal Department.