Tuesday, October 06
Solar Defence and Aerospace Limited (SDAL) successfully completed a critical trial of its indigenously developed Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range on June 11, 2025, reported ANI on Thursday.The test marked a major step forward in India’s efforts to strengthen homegrown military technology under the Aatmanirbhar Bharat initiative. Designed for mission versatility, Rudrastra showcased its key features, including vertical takeoff and landing (VTOL), extended flight range, real-time surveillance, and accurate target engagement, noted the news agency.— ANI (@ANI) During the trial, the UAV also successfully maintained a stable video link while covering a mission radius of over 50 km, before returning to its original launch point. The total range—including loite
The finance ministry has amended rules to allow Indian companies, engaged in sectors where the foreign direct investment (FDI) is barred, to issue bonus shares to their pre-existing non-resident shareholders.However, the stakes of such shareholders must remain unchanged even after the bonus share issue, the ministry said while notifying the Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2025. The new rules take effect from June 11.The move, experts said, will allow the companies flexibility to go for equity restructuring and also improve capital management without breaching the extant FDI policy.The notification comes after a similar relief was announced in the FDI policy in April by the Department for Promotion of Industry and Internal Trade (DPIIT) in April.The min
