Fairfax and Capital Group-backed non-banking finance company IIFL Finance appointed former State Bank of India boss Arun Purwar as chairman of its board.
India's first innovation centre for graphene is set to come up in Thrissur, Kerala. This will be the first graphene Research and Development (R&D) incubation centre in India.
Defence Research Development Organization has selected Paras Defence & Space Technologies Ltd as one of the companies for handing over the technology of border surveillance systems developed by Instruments Research & Development Establishment (IRDE) and DRDO.
Ministry of Civil Aviation in September 2021 had approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years.