Bajaj, IIT Bombay Join Hands To Develop Smart Streetlights

24 Oct 2025 CW Team

Bajaj Electricals has entered into a strategic partnership with the TIH Foundation for IoT & IoE at IIT Bombay to jointly develop advanced smart street lighting solutions under the Smart Streetlight Control Project.

The collaboration combines Bajaj Electricals’ extensive experience in large-scale lighting deployments with TIH’s cutting-edge research in electronics, network communication, and artificial intelligence/machine learning (AI/ML). Together, the two organisations aim to design intelligent, energy-efficient street lighting systems that align with India’s Smart City Mission and national priorities such as Digital India and Make in India.

Under the Memorandum of Understanding (MoU), the first phase of the partnership will focus on creating an AI-driven lighting solution designed to deliver energy optimisation, operational efficiency, and high reliability.

Over time, Bajaj Electricals and TIH Foundation plan to expand their collaboration to address broader challenges in smart urban infrastructure, including connected utilities, intelligent traffic management, and adaptive city services.

The initiative reinforces India’s growing emphasis on sustainable, technology-led urban development and aims to set new benchmarks for smart public infrastructure through the integration of indigenous research and industrial expertise.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..