WCL emerges as Growth Engine of Coal India, Records Strong Growth in Production (See 'Corp Brief') A&C - Judicial intervention in arbitral proceedings is warranted only in exceptional cases, such as where party is left remediless under the statute or where clear bad faith is established: HC (See 'Legal Desk') DPIIT implements Special Campaign to minimise Pendency Across Offices (See 'Corp Brief') SEBI ACT - Provisions of SEBI (Prohibition of Insider Trading) Regulations are violated where an employee of the Company, possessed & communicated Unpublished Price Sensitive Information regarding its forthcoming financial results to an outsider who then traded in company's shares based on such information: SAT (See 'Legal Desk') CCI approves acquisition of certain stake in Vodafone Group PLC by Vega SAS (See 'Corp Brief') CCI approves acquisition of equity of Solenergi Power by Aditya Birla Renewables (See 'Corp Brief') CCI approves acquisition of certain shareholding in Navi Ltd by MIH Payments (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - A post-admission settlement can automatically bypass statutory mechanism mandated under Section 12A of the IBC, 2016, particularly in light of stringent amended provisions governing withdrawal of admitted applications: NCLAT (See 'Legal Desk') CCI approves acquisition of equity share capital of IntelliSmart Infrastructure by Adani Energy (See 'Corp Brief') CCI approves merger of Sapphire Foods India with and into Devyani International (See 'Corp Brief') 87 Crores Individuals Screened for Oral, Breast and Cervical Cancers (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - Liquidator's claim for refund cannot be adjudicated in the summary jurisdiction under Section 60(5) of the Code, more so where the parties' claims have not been crystallised through adjudication: NCLT (See 'Legal Desk') India-BLEU Joint Economic Commission Session Held in Luxembourg (See 'Corp Brief') India to promote South-South Cooperation and share Agricultural Innovations (See 'Corp Brief') Companies Act, 2013 - Pendency of challenge to a judgment before a Division Bench does not extinguish its binding force, where judgment is neither set aside nor stayed: HC (See 'Legal Desk') Of 137 commercial mines allocated since 2020, 25 are producing (See 'Corp Brief') MoS releases Foreign Language Compendium of DRDO Products for engagement with international partners (See 'Corp Brief') Trade Marks Act, 1999 - Court's intervention is needed where the parties furnish affidavits making undertakings that effectively resolve the issues at hand: HC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

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RM to inaugurate DefConnect 4.0

Published: Oct 07, 2024

By TIOLCorplaws News Service

NEW DELHI, OCT 07, 2024: RAKSHA Mantri Rajnath Singh will, on October 07, 2024, inaugurate DefConnect 4.0 at Manekshaw Centre, Delhi Cantt, a significant step towards advancing indigenous innovation and celebrating the growing defence ecosystem of the country. The event is being organised by Innovations for Defence Excellence - Defence Innovation Organisation (iDEX-DIO), under Department of Defence Production, Ministry of Defence.

DefConnect 4.0 marks a milestone in India's defence innovation journey, bringing together the Armed Forces, Defence Public Sector Undertakings (DPSUs), industry leaders, innovators, start-ups and MSMEs, academia, incubators, investors and policymakers.

The event will feature an exciting Technology Showcase, presenting iDEX innovators with a unique opportunity to exhibit their cutting-edge technologies, advanced capabilities and ground-breaking products. This showcase is designed to engage a diverse audience of stakeholders, fostering collaboration and sparking dialogue that drives innovation forward with focus on forging powerful collaborations.

DefConnect 4.0 will feature launches and announcements by Raksha Mantri, alongside interactive and engaging sessions featuring industry leaders and defence stalwarts. The event will also include a themed session focusing on recent budget announcements, key takeaways for the defence innovation ecosystem, and the latest initiatives in the semiconductor domain.

Till date, iDEX has launched 11 editions of Defence India Start-up Challenges, and has garnered over 9,000 applications. It is currently collaborating with more than 450 start-ups/MSMEs on important projects. Launched by Prime Minister Narendra Modi in 2018, iDEX continues to provide a unified platform for various stakeholders in the defence and aerospace sectors, contributing to the vision of Viksit Bharat by 2047.

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