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IG Drones conducts drone surveys at the diamond mining project in Panna, Madhya Pradesh. The company aims to establish India as the global drone hub by 2030.
This agreement was formalised during the 100-Cube Start-up Conclave at IIM Sambalpur, supported by the Ministry of Education, which was presided over by the Education Minister, Dharmendra Pradhan.
Following the announcement, the Ministry of Home Affairs also informed that the applications will be submitted in online mode for which a web portal has been provided
A cautious approach towards the banking and NBFC sectors seems prudent in the near term, says Karthick Jonagadla.
"We are seeing a mean reversion phenomenon in the markets where the mid- and small-cap indices both peaked in October and are now experiencing a correction at a rate faster than the Nifty" said Deepak Jasani, head of retail research at HDFC Securities. "Investors display a sentiment of risk aversion and are not willing to wait longer, and hence are pulling out of the market booking profits wherever available or cutting losses."