Industry Trends

BEML secures ₹110 crore engine supply order from Ministry of Defence

"...we hereby inform that BEML Limited has bagged an order from the Ministry of Defence for the supply of Engines with a contract value of ₹110 crores approximately," according to a stock exchange filing. Shares of BEML Ltd ended at ₹1,703.00, down by ₹37.40, or 2.15%, on the BSE.

Industry Trends

Dhruv64: India’s First Homegrown 64-Bit Dual-Core Microprocessor Unveiled

India has unveiled Dhruv64, its first fully homegrown 64-bit microprocessor, developed by C-DAC under the Digital India RISC-V initiative. The 1.0GHz dual-core chip is designed for industrial systems, connected devices and critical infrastructure. Built on the open-source RISC-V architecture, Dhruv64 reduces dependence on imported processors and strengthens India’s domestic chip design ecosystem.

Industry Trends

Disney CEO Says AI Deal With OpenAI Is Exclusive For Just One Year: Report

Disney CEO Bob Iger has said the company’s deal with OpenAI is only exclusive for one year, not the full three-year term. Disney is open to using AI, but wants tight control over its characters. The strategy lets Disney earn licensing fees, learn from OpenAI’s tools, and keep the option open to work with other AI companies later.