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Havells India forays BESS segment in collaboration with Pixii AS
Havells India announced a strategic collaboration with Pixii AS, a Norway-based energy storage technology company, to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market.
NPCI's Dilip Asbe joins Swift's global supervisory board
Dilip Asbe, CEO of NPCI, has joined Swift's global supervisory board, a significant step for India's payment ambitions. This appointment, pending regulatory approval, grants India a voice in global payment standards, recognizing the success of UPI. Asbe's leadership has been pivotal in developing India's advanced payment systems, positioning the nation as a key influencer in shaping future cross-border financial infrastructure.
NPCI's Dilip Asbe joins Swift's global supervisory board
Dilip Asbe, CEO of NPCI, has joined Swift's global supervisory board, a significant step for India's payment ambitions. This appointment, pending regulatory approval, grants India a voice in global payment standards, recognizing the success of UPI. Asbe's leadership has been pivotal in developing India's advanced payment systems, positioning the nation as a key influencer in shaping future cross-border financial infrastructure.
IBM to set up one of India's first quantum computers in Amaravati by September 2026
Amaravati is set to become a major hub for quantum computing in India, with IBM announcing plans to install one of its advanced quantum systems there by September 2026. This move, driven by India's strong talent pool, aims to unlock significant commercial advantages across various sectors. The initiative aligns with Andhra Pradesh's vision to establish itself as a leading quantum technology center, fostering research and innovation.
Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurity
Axis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communications, not due to weaknesses in its own cybersecurity. Officials highlighted that advanced AI models like Mythos can accelerate vulnerability discovery. Axis Bank is enhancing its response to identified weaknesses and deploying new security tools to protect customers.
Kalyani Strategic Systems and Paramount unveils Simha 4x4 at Eurosatory 2026
Designed and engineered from inception as a highly adaptable, modular and mission-configurable platform, the Simha 4x4 armoured vehicle addresses one of the most pressing capability requirements facing modern armed forces - the need for a protected, highly mobile, multi-role vehicle able to operate across a broad spectrum of missions ranging from reconnaissance, internal security and border protection to special operations, command-and-control, troop transport and force protection. The Simha 4x4 has been developed in record time, while prioritising rigorous product validation and testing, using advanced digital platforms.
Dynacons Systems bags Rs 126-cr order from Central Bank of India
Dynacons Systems & Solutions has secured a contract worth Rs 125.88 crore (excluding GST) from Central Bank of India for the expansion of the bank's private cloud infrastructure and deployment of advanced computing platforms.
Dynacons bags ₹126 crore Central Bank of India tech modernisation project
Dynacons Systems has secured a ₹125.88 crore order from Central Bank of India to expand its private cloud infrastructure and deploy NVIDIA H200 Blackwell GPU-based systems to support advanced AI workloads.
Tata Advanced Systems adds military upgrades to Jaguar Land Rover vehicles: N Chandrasekaran
In the realm of automotive innovation, Tata Advanced Systems is enhancing the Jaguar Land Rover lineup with futuristic features. On a parallel track, the company is establishing a contemporary defence MRO facility in the vicinity of Bengaluru that will cater to the heavy maintenance needs of transport aircraft. TASL is also highlighting its self-developed loitering munitions and protective armoured solutions.
Iran Says It Shot Down US MQ-1 Drone Over Territorial Waters
The IRGC said the drone entered Iranian territorial airspace with hostile intent and was brought down using advanced air defence systems.
Mid-tier entities in Indian BFSI under-invested in security, most exposed to cyberattacks: Report
Indian mid-tier banks and financial firms face significant cyber risks. They have embraced digital technology but lag in cybersecurity spending compared to global peers. Attackers are leveraging advanced AI, making cyber threats more potent and less costly. Many Indian CISOs report defenses are being outpaced. Institutions must now integrate AI defense with securing their own AI systems to build resilience.
Defence Boost: Govt Issues RFP To L&T-BEL, Tata, Bharat Forge-BEML For 5th Gen Stealth Fighter Jets
Bidders include L&T-Bharat Electronics Ltd., Tata Advanced Systems and Bharat Forge-BEML Ltd.