The merger between Reliance and Disney, valued at $8.5 billion, has raised concerns with the Competition Commission of India (CCI), prompting them to ask 100 questions regarding the deal. The CCI is looking into potential anti-competitive practices and the impact the merger could have on the market. Both companies are cooperating with the investigation to ensure the merger complies with all regulations.
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Tejas combat jet test fires Astra missile
India's Tejas light combat aircraft successfully test-fired the indigenous air-to-air missile Astra off the coast of Chandipur in Odisha, as confirmed by the defence ministry. The missile hit the flying target directly, showcasing its precision and effectiveness, while meeting all mission parameters. Developed by DRDO, the Astra missile has a range of over 100 km and demonstrated accurate performance in engaging targets. Full Article
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