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INVESTMENT IN DRONES
SiMa AI raises $150 million in funding to advance physical AI technology and roboticsThe round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologi...- Trump Jr.-backed Unusual Machines, US asset manager invest $10 million in Canada's DraganflyThe Trump family's investments in several companies have drawn scrutiny amid concerns about potential conflicts of interest, particularly ...
- From pickups to idle plants: automakers seek lifeline from defence boomWestern automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...
- Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
- IIT Madras-backed deeptech fund raises Rs 450 crore in first close, invests Rs 55 crore in four startupsThe fund, which has a target corpus of Rs 1,000 crore including a Rs 400 crore greenshoe option, achieved its first close within three mont...
- AI, semiconductors, quantum to drive India's next infrastructure push: FM SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the need for investment in AI, semiconductor chips, and quantum technology. She state...
- Karnataka to woo Singapore majors; Sats plans expansionKarnataka's industries minister MB Patil is engaging with several companies in Singapore for investment opportunities. The discussions incl...
- Oil Price Today (September 24): Crude oil falls to $102 as Iran signals its openness to diplomacy. What are experts saying?Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...
- Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.1...
- Saudi defence fund speeds up maritime sector push following Houthi advanceSaudi Arabia’s MASNA Ventures plans to raise its defence-focused venture capital fund to $150 million and invest more in local manufacturin...
- Trump and Xi see tensions flare over AI, trade and Iran but still seek stabilityTrump and Xi are set to meet in Washington as the US-China relationship remains marked by intense competition over AI, trade and technology...
- Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons whyMotilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects ...
- US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
- Gold eases on inflation woes, rate hike fearsGold prices dropped during the early hours of Asian trading on Monday, driven by escalating tensions in the Middle East and persistent infl...
- US clears way for $2.7 billion sale to Ukraine of air-defense development upgradesThe US State Department approved a potential $2.7 billion military sale to Ukraine. This package includes air defense development upgrades ...
- US drone company backed by Trump's sons signs deal with Pakistan Army, meets Gen Munir in RawalpindiA US drone firm linked to Donald Trump's sons has signed a deal with Pakistan's military. This agreement involves selling unmanned systems ...
- Powerus and Pakistan: The optics problem with a Trump-linked dealAmerican drone company Powerus' deal with Pakistan's army involves initial drone orders and potential joint ventures for local manufacturin...
- US drone maker Powerus signs Pakistan Army MOU, gets initial orderUS drone maker Powerus has signed an MoU with the Pakistan Army that includes an initial order for unmanned aerial systems, co-founder Bret...
- Rajnath Singh: Cos investing in emerging tech today will be leaders of tomorrowDefence minister Rajnath Singh encouraged companies to invest in new technologies. He highlighted that technological leadership secures str...
- 'CEA wants to talk with you': Startup founder surprised to get an invite from Finance Ministry to talk about his challenges and policy changes needed to grow businesses in IndiaChandru Rajendran, founder of Procurio, received an email invite from India's Ministry of Finance saying the chief economic adviser wanted ...
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