Defence National
GE Aerospace has delivered the fourth GE-F404-IN20 engine to Hindustan Aeronautics Limited (HAL), fulfilling part of a contract signed in 2021. This engine is destined for India’s Light Combat Aircraft (LCA) Tejas Mk1A program. Contract and Delivery Background Under the 2021 agreement, HAL is to receive 99 F404-IN20 engines along with support services. The first […]
Business
LG Electronics India has fixed its initial public offering (IPO) price band at ₹1,080 to ₹1,140 per share. The offer will consist entirely of an Offer for Sale (OFS) of 10.18 crore shares, with no fresh issuance of equity. Issue Size and Valuation If fully subscribed at the upper band, LG aims to raise about […]
International
The Trump administration says it has reached a deal with Harvard University for $500 million as a resolution to a prolonged federal dispute. The agreement reportedly includes Harvard operating trade schools focusing on AI, engineering, and other technical fields. Roots of the Conflict The friction began when the administration accused Harvard of permitting antisemitism,
International
A powerful magnitude-6.9 earthquake rattled the central Philippines late Tuesday night, causing heavy damage and widespread panic. The quake struck off the coast of Cebu province, near the city of Bogo, at around 9:59 p.m. local time. Casualties and Damage By early Wednesday, officials confirmed at least 69 people were killed and over 150 injured. […]