Saturday, April, 20, 2024 04:55:37

HAL on the verge of delivering 16 combat-ready Tejas aircraft

As partners in developing and engineering fighter aircraft, HAL has already provided IAF with 16 combat ready Tejas in the Initial Operation Clearance configuration. State-owned Hindustan Aeronautics Ltd. is scaling up the production of Tejas its Light Combat Aircraft after attaining final operational clearance by …

SmartStream, Numerix partner for ISDA collateral management

The partnership will reduce counterparty issues and operational costs for customers using collateral management. Financial Transaction Lifecycle Management (TLM®) solutions provider, SmartStream Technologies has recently announced its partnership with leading risk technology solution supplier, Numerix to better support its end users in complying with International …

Mubadala & SAMI sign a new aerospace and defense partnership agreement

The collaboration would be the first advanced-manufacturing partnership between Saudi Arabia & UAE.  The deal comes as the two nations push to set up a home-grown defense industry to diversify their respective economies. Mubadala Investment Company (Mubadala), a renowned UAE-based global investment company, has reportedly …

OYO raises close to USD 1B from Chinese conglomerate Didi Chuxing

India’s leading hospitality company OYO has reportedly raised funding worth USD 100 million from China’s ride-hailing giant Didi Chuxing to close its ongoing USD 1 billion investment round. As per trusted sources, many companies including Japan’s SoftBank and Grab, a Singapore-based ride-hailing company have already …

Invictus signs agreement to supply premium cannabis products

Acreage Pharms Ltd., a wholly-owned subsidiary of Invictus MD Strategies Corp, has reportedly signed an agreement to supply the Ontario Cannabis Retail Corporation via the Ontario Cannabis Store, with a range of superior cannabis products for the adult recreational market. For the record, Acreage Pharms, …