DRDO Successfully Tests VSHORADS Missile off Odisha Coast

03 Feb 2025 CW Team

The Defence Research & Development Organisation (DRDO) has successfully conducted three consecutive flight trials of the Very Short-Range Air Defence System (VSHORADS) from Chandipur, off the Odisha coast. The missiles were tested against high-speed, low-altitude targets, effectively intercepting and destroying them in different flight conditions.

The trials were conducted in their final deployment configuration, with two field operators managing weapon readiness, target acquisition, and missile firing. Data collected from telemetry, electro-optical tracking systems, and radar at the Integrated Test Range, Chandipur, confirmed the system’s pinpoint accuracy and capability to neutralize drones and other aerial threats.

VSHORADS, a Man Portable Air Defence System, has been developed indigenously by the Research Centre Imarat in collaboration with other DRDO laboratories and industry partners. It is designed to meet the operational needs of the Indian Army, Navy, and Air Force.

Raksha Mantri Shri Rajnath Singh congratulated DRDO, the Armed Forces, and industry partners on the successful trials, calling it a significant achievement. DRDO Chairman Dr. Samir V Kamat also praised the team for their efforts.

(PIB.GOV)

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..