City-based drone maker ideaForge is planning a higher R&D spend this fiscal year to develop technology and product platforms in the UAV space, in line with the government’s focus on fostering domestic drone research. The company’s CEO, Ankit Mehta, mentioned that R&D spending was 22% of revenues last year and is expected to increase further this year. IdeaForge aims to drive sustained growth in the UAV sector through continuous innovation and leveraging run-rate business for substantial contribution to its overall revenue.
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Ordnance Factory worker held for sending sensitive info to Pakistani agent: UP ATS
The Uttar Pradesh Anti-Terror Squad arrested Ravindra Kumar, an employee of the Ordnance Factory in Hazratpur, for allegedly sharing sensitive information with a Pakistani agent he befriended on Facebook. The ATS found classified documents on Kumar's phone that he had sent to the agent, leading to his arrest and transfer to their Lucknow headquarters for further investigation. This incident highlights the ongoing threats posed by foreign spy agencies targeting Indian government personnel for confidential information,...
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