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Skydio: Skydio plans to bring commercial drones to India following defence tie-up

Skydio, an American drone manufacturer, plans to introduce its commercial drones in India following a recent tie-up with an Indian company to produce unmanned aerial vehicles (UAVs) for defence customers in the Indo-Pacific region. While the company initially focuses on defence products in new markets, it aims to expand into non-military and non-government sectors over time. Skydio s collaboration with Aeroarc will develop small uncrewed aircraft systems (SUAS) for the Indian defence ministry and other global defence customers, showcasing its commitment to advancing drone technology in India.

Larsen And Toubro: L&T to foray into fabless semiconductor chip design, to invest Rs 830 crore to set up unit, ET Telecom

Larsen And Toubro: L&T has approved an investment of Rs 830 crore to set up a wholly-owned subsidiary that will be engaged in the business of fabless semiconductor chip design and product ownership and not manufacturing, said L&T chief financial officer, R Shankar Raman.

L&T to foray into fabless semiconductor chip design, to invest ₹830 crore to set up unit

L&T has approved an investment of Rs 830 crore to set up a wholly-owned subsidiary that will be engaged in the business of fabless semiconductor chip design and product ownership and not manufacturing, said L&T chief financial officer, R Shankar Raman.

China s Supcon Earmarks USD290 Million of Swiss Listing Proceeds to Overseas Expansion

China s Supcon Earmarks USD290 Million of Swiss Listing Proceeds to Overseas Expansion
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FDI sector – a great contributor to Vietnam s trade balance

The total import-export turnover of foreign-invested enterprises (FIEs) last year reached US$506.83 billion, representing an annual rise of 9.3% and making up more than two thirds of the country’s trade value, according to the latest statistics released by the General Department of Vietnam Customs.

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