Latest news with #AtmanirbharBharat
Hans India
7 hours ago
- Health
- Hans India
Palamur Biosciences Faces Scrutiny Amid PETA Allegations, Awaits Official Inspection Report
Mahabubnagar: Palamur Biosciences Pvt. Ltd. (PBS), a leading preclinical research facility in Mahabubnagar, has recently come under public scrutiny following complaints submitted by PETA India. The allegations, reportedly based on claims from a former employee, were widely circulated before PBS was given an opportunity to present its side. In response, a multi-agency inspection involving the Committee for the Purpose of Control and Supervision of Experiments on Animals (CCSEA) and the Animal Welfare Board of India has thoroughly reviewed PBS operations. The organization is now awaiting the committee's official findings. Despite the controversy, PBS maintains that it operates with full regulatory compliance and transparency. Recognized by international and national bodies such as GLP, CDSCO, AAALAC, and OLAW, PBS has been a cornerstone of India's biomedical innovation ecosystem for over 15 years. It is the country's only large-animal testing facility and one of the few in Southeast Asia, playing a vital role in the development of pharmaceuticals, medical devices, vaccines, and agrochemicals. PBS is also home to India's first large-animal-based medical device evaluation center, supported by BIRAC under the 'Make in India' and 'Atmanirbhar Bharat' initiatives. It has validated breakthrough technologies such as artificial hearts, dialysis systems, heart valves, and stents—contributing significantly to India's healthcare advancement. The Directors of PBS emphasized their commitment to ethical research, scientific excellence, and animal welfare, stating, 'We are confident the inspection will confirm our long-standing adherence to the highest standards. Baseless allegations can severely harm India's R&D ecosystem, especially startups that rely on domestic preclinical services.' PBS has urged media, regulators, and the public to await the official report and engage in discourse based on facts, not speculation, to protect the integrity of India's innovation landscape.
New Indian Express
a day ago
- Business
- New Indian Express
Manufacturing a superpower
With the success of Operation Sindoor, India has established itself as a military power capable of defending its people without external support. This is the result of not just the government's strategic interventions and the valour of our armed forces, but also our economic ascendency and domestic industrial excellence. With a 'focused, measured and non-escalatory' approach, the operation neutralised imminent threats while avoiding civilian casualties. India's defence systems intercepted most aerial threats and showcased our technological edge and operational preparedness to the world. India's ascent as a global power is closely intertwined with its pursuit of defence self-reliance. The ongoing transformation in the sector is a quiet revolution that positions the country as a formidable global player in military manufacturing. Defence exports in 2024-25 reached ₹23,622 crore, a remarkable 34-fold increase over ₹686 crore in 2013-14. This exponential growth is the outcome of sustained policy initiatives under the twin pillars of Atmanirbhar Bharat and Make in India, including production-linked incentives and targeted investment support.
Business Standard
a day ago
- Business
- Business Standard
Bajaj Capital's Deputy CEO, Kalpesh Dave, Honored with 'Bharat ki Udaan' Best CEO Award for Wealth Management
PNN New Delhi [India], June 19: In a moment of immense pride and celebration for the entire Bajaj Capital family, our esteemed CEO, Kalpesh Dave, has been conferred with the prestigious 'Bharat ki Udaan - Best CEO Award' for Wealth Management by the Government of India. The honor was bestowed by the Minister of Micro, Small and Medium Enterprises, Jitan Ram Manjhi, in association with Zee Bharat. This national recognition is a testament to Dave's unwavering dedication to financial education and his visionary leadership in furthering the mission of building a financially literate India. Transforming Financial Literacy Across India Over the years, Dave has played a transformative role in redefining the financial awareness landscape across the country. Under his stewardship, Bajaj Capital has empowered thousands of investors with sound wealth management strategies and has been a torchbearer for nationwide financial literacy for over six decades. His personal commitment to this mission has extended Bajaj Capital's reach, empowering students, young professionals, homemakers, and underserved communities to navigate the complexities of financial markets. From conducting workshops in schools and colleges to speaking at key industry forums and public platforms, Dave ensures that every Indian--regardless of age or background--has access to essential financial knowledge. His efforts have complemented and reinforced the government's broader vision of promoting financial inclusion and creating an Atmanirbhar Bharat and Viksit Bharat. A Leader with Purpose Accepting the award, Dave remarked, "This award is not just a personal honor--it is a recognition of the values we uphold at Bajaj Capital. We believe that true empowerment begins with financial literacy. Every Indian should be equipped to make informed financial decisions, and we will continue to work tirelessly towards that goal." A Proud Achievement for Bajaj Capital This milestone is not only a testament to Dave's exceptional leadership but also a proud achievement for Bajaj Capital as a whole. It reflects the company's relentless pursuit of excellence and commitment to social responsibility. As we celebrate this momentous occasion, it reaffirms our collective belief that impactful leadership combined with a strong social purpose can create ripples of change across generations. We look forward to continuing this journey under Kalpesh's dynamic leadership, helping more Indians navigate their financial journeys with confidence and clarity. Heartiest congratulations to Kalpesh Dave on this well-deserved honor! (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
India Gazette
a day ago
- Business
- India Gazette
Maharatna SAIL supplied entire requirement of special steel for newly commissioned INS Arnala
New Delhi [India], June 19 (ANI): The requirement of special steel for India Navy's ship INS Arnala was wholly supplied by Maharatna Public Sector Undertaking (PSU) Steel Authority of India Limited (SAIL), taking a step forward towards the country's self-reliance in the defence sector and import substitution, the Ministry of Steel said in an official statement on Thursday. 'SAIL supplied the entire requirement of special steel for India's first indigenously designed and built Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), 'INS Arnala', which was commissioned into the Indian Navy on June 18, 2025,' the ministry's statement read. The Maharatna PSU also catered to the entire requirement of special steel for the other seven ASW-SWC corvettes being built by Garden Reach Shipbuilders and Engineers (GRSE). 'Partnering India's march towards defence indigenisation, SAIL has supplied the entire special steel for this project. This marks yet another impressive milestone in SAIL's journey to support India's 'Atmanirbhar Bharat' initiative and help the nation lessen its import dependency,' the statement added. The Steel ministry also highlighted that SAIL has supplied the special steel for building the Navy's ships before too, including for INS Vikrant, INS Vindyagiri, INS Nilgiri, INS Surat, among other notable projects. On Wednesday, India's first indigenously designed and built Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), INS Arnala, was commissioned at the Naval Dockyard in Visakhapatnam, Andhra Pradesh, with Chief of Defence Staff General Anil Chauhan presiding over the ceremony. 'INS Arnala - the pioneering Anti-Submarine Warfare Shallow Water Craft - proudly joins the Indian Navy today, 18 June 2025, at the Naval Dockyard, Visakhapatnam,' the Indian Navy said in a statement earlier. Built by Garden Reach Shipbuilders and Engineers (GRSE), Kolkata, and delivered on May 8 at L&T Shipyard in Kattupalli under a Public-Private Partnership, INS Arnala is the first in a series of eight ASW-SWCs being developed to enhance India's coastal defence, a prior statement from the Minister of Defence said. The 77-metre-long vessel, named after the historic Arnala fort off Vasai, Maharashtra, is equipped with advanced underwater surveillance systems, mine-laying capabilities, and is designed for operations in shallow waters. It is the largest Indian Naval warship propelled by a diesel engine-waterjet combination. According to the Ministry of Defence (MoD), the ship has been designed for underwater surveillance, search and rescue operations, and Low Intensity Maritime Operations (LIMO). Notably, INS Arnala was delivered to the Navy during Operation Sindoor, when tensions were heightened, which in turn demonstrates the Navy's operational readiness and indigenous production capacity. (ANI)
Cision Canada
2 days ago
- Business
- Cision Canada
MBDA and AXISCADES commit to expand strategic cooperation
PARIS and BENGALURU, India, June 19, 2025 /CNW/ -- At the Paris Air Show 2025, MBDA CEO Eric Béranger and AXISCADES Chairman Dr. Sampath Ravinarayanan reaffirmed their commitment to expand their ongoing partnership, aligning with MBDA's long-term 'Make in India' vision. Strengthening Existing Collaboration: AXISCADES Aerospace & Technologies Pvt. Ltd., longstanding Indian Offset Partner for MBDA, has been delivering built-to-spec and built-to-print test benches and solutions for MBDA's MICA missiles and missile launchers. The company also manages Depot Level Maintenance for launchers, offering MBDA high-quality, cost-effective capabilities. Both parties expect volume of work to scale up as MBDA's global operations grow. Expanding Scope: Building on this foundation, the partnership will extend into new domains. AXISCADES, which already supports top global aerospace OEMs and is a recognized supplier to India's Ministry of Defence, brings advanced engineering and defence systems capabilities. Both companies will explore how these competencies can contribute to MBDA's future programs in India, supporting Indian Government's 'Atmanirbhar Bharat' self-reliance initiative. Working groups have been formed to define new areas of cooperation and execute them effectively. New Facility at Aerospace Park: Taking the collaboration forward, AXISCADES will establish a dedicated facility for MBDA at its upcoming premises in Aerospace Park near Bengaluru's Kempe Gowda International Airport. This state-of-the-art setup will include a test bench lab, missile launcher infrastructure, equipment, tools, and trained personnel—ensuring continued excellence in delivery and support. Both companies are working to structure the partnership for long-term strategic and industrial value. About AXISCADES: AXISCADES Aerospace & Technologies Pvt. Ltd. is a wholly owned subsidiary of AXISCADES Technologies Ltd., a leading global technology and engineering solutions provider. Headquartered in Bengaluru, the company operates across 17 global locations including France, Germany, Denmark, the USA, and Canada, with a team of over 3,200 professionals. AXISCADES has strong relationships with India's Ministry of Defence, Defence Labs, PSUs, and global OEMs, offering deep expertise in Weapon Systems, Avionics, Radar, Electronic Warfare, C4I2, Drones, Anti-Drone Systems, and Test Solutions. It has delivered innovative in-house and collaborative projects across Land, Naval, Aerospace, and Homeland Security sectors. The company provides end-to-end solutions across the entire product development lifecycle—from concept and design to manufacturing support and certification—for Fortune 500 companies in Aerospace, Defence, Automotive, Semiconductor, and Industrial domains.
