Defence Minister Rajnath Singh launched Innovations for Defence Excellence (iDEX) Prime and the sixth Defence India Start–up Challenge (DISC–6) meant to encourage defence start–ups during DefConnect 2.0.
The iDEX-Prime aims to support projects, requiring support beyond ?1.5 crore up to ?10 crore, to help the ever–growing start–ups in the sector.
The iDEX has provided an opportunity to science and technology professionals to understand futuristic technologies such as AI, Augmented Reality, block-chain and space technologies.
Adani Ports and Special Economic Zone (APSEZ) subsidiary Adani Harbour Services has entered into a definitive agreement to acquire leading third-party marine services provider Ocean Sparkle Ltd (OSL).
OSL has long-standing relationships with its existing clients, with contracts ranging from 5 to 20 years. The Company has presence in all the major ports, 15 minor ports and all the 3 LNG terminals in India.
The OSL has significant experience in global maritime servicing through its operations in Oman, Saudi Arabia, Sri Lanka, Qatar, Yemen and Africa.