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MUMBAI : UK’s Prudential plc has doubled down on its India plans, with the British insurer agreeing to acquire a 75% stake in Bharti Life Insurance from Bharti Life Ventures and 360 ONE Asset Management for an initial cash consideration of Rs 3,500 crore. The transaction will hand Prudential both majority ownership and operational control,…
Iran is reportedly considering the use of dolphins trained to carry mines as part of potential attacks on US warships in the Strait of Hormuz, highlighting an unusual and controversial tactic amid rising tensions in the region.The idea has emerged as pressure grows inside Iran following a financially damaging blockade that has restricted its oil…
China is accelerating the use of robotics in one of its most critical systems: the national power grid. The state-owned State Grid Corporation of China has outlined plans to invest about $1 billion (roughly 6.8 billion yuan) to procure around 8,500 robots, with deployment expected to scale through 2026. These machines will assist with inspection…
NEW DELHI: Aiming to boost the country’s intelligence, surveillance and reconnaissance (ISR) capabilities, the Indian Air Force (IAF) has started work on a plan to build an unmanned airship for carrying out long-endurance monitoring missions.The IAF has invited bids from domestic defence companies to design, develop and manufacture a ‘Medium Altitude Heavy Lift Airship’ that…
NEW DELHI: With airspace restrictions to the west of India increasing at a furious pace in the last 11 months, Air India is finally sending reinforcement pilots for its long haul backbone fleet of Boeing 787 Dreamliners that are deployed on ever-lengthening Europe and UK routes. The conversion of about 28 to 30 pilots of…
US President Donald Trump said Sunday (US local time) that he has demanded about seven countries send warships to help keep the Strait of Hormuz open amid the ongoing war with Iran.Trump’s statement came amid reports that he is set to announce a global coalition to escort ships through the Strait of Hormuz, through which…
The United States will deploy a new anti-drone missile system in the Middle East to bolster US defences against Iran, after it proven to work in Ukraine, US officials told news agency Associated Press.According to officials, the system that is being sent – known as Merops – flies drones against drones. It is small enough…
Commerce and industry minister Piyush Goyal on Friday said that the government will deploy all available policy tools and support mechanisms to help Indian exporters cope with disruptions arising from the ongoing West Asia conflict.Speaking to reporters on the sidelines of the IIFT vice chancellors’ conclave in New Delhi, Goyal said an inter-ministerial group has…
NEW DELHI: The Supreme Court of India has permitted the Calcutta High Court to deploy additional judicial officers, including from Jharkhand and Odisha, to expedite scrutiny of voter inclusion claims in West Bengal’s Special Intensive Revision (SIR) of electoral rolls.The court took note of the Calcutta HC Chief Justice’s assessment that despite assigning 294 serving…
NEW DELHI: In a big relief to millions of its members who face difficulty in validating their past service records while filing advance or final settlement claims, Employees Provident Fund Organisation (EPFO) is set to deploy new-age technologies like artificial intelligence (AI), blockchain and machine learning (ML) to authenticate member records, reports Shiva Rajora.“People who…
