DCX Systems Signs MoU With Govt of Tamil Nadu To Set Up Defence Facility In Hosur

DCX Systems Ltd, with an existing order book of ₹2,697 crore, has strengthened its defence manufacturing presence by signing a non-binding Memorandum of Understanding (MoU) with the Government of Tamil Nadu (GoTN) to set up a new state-of-the-art facility at Hosur.The MoU was inked during the TN Rising Investment Conclave in the presence of Chief Minister M.K. Stalin, reinforcing the state’s

September 16, 2025
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L&T Arm, C-DAC, IIT-Gandhinagar Join Hands To Develop Indigenous Secure Chip For e-Passports

L&T Semiconductor Technologies (LTSCT), the Centre for Development of Advanced Computing (C-DAC), and IIT Gandhinagar have entered into a strategic partnership to jointly develop a fully indigenous secure chip aimed at powering electronic passports and future digital identity solutions.This collaboration signifies an important step toward India’s digital sovereignty by ensuring that the

September 16, 2025
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India Gets Licence To Scour New Part of Indian Ocean For Precious Metals

India has secured a landmark exploration licence from the Jamaica-based International Seabed Authority (ISA) to search for polymetallic sulphide deposits in the Carlsberg Ridge, a 3,00,000-sq km stretch in the north-west Indian Ocean and Arabian Sea.This marks the first-ever global licence for such exploration, according to M Ravichandran, Secretary, Ministry of Earth Sciences.The agreement

September 16, 2025
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