ADB Approves $110 Million Loan to Boost Skills in Gujarat
The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat’s efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..
SDAL Tests Rudrastra UAV and Bhargavastra Defence System
Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India’s Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..
Maruti Suzuki, Equitas Bank Tie Up for Car Financing
Maruti Suzuki India Ltd has signed a memorandum of understanding (MoU) with Equitas Small Finance Bank to expand vehicle financing access for its customers across India. The collaboration aims to provide a range of tailored and affordable financing solutions for new cars, used cars, and commercial vehicles.The agreement was formalised with Maruti Suzuki’s Senior Executive Officer Partho Banerjee and Equitas Bank’s Head of Retail Assets, Jagadesh J, exchanging documents in the presence of officials from both organisations.In a statement, Maruti Suzuki said the partnership would enhance affo..
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