Govt reviews steps for upskilling & increase womens' participation in MSME sector (See 'Corp Brief') PM Vishwakarma Scheme - holistic support for artisans of 18 traditional trades; 23.09 Lakh beneficiaries trained (See 'Corp Brief') Govt notifies DPDP Act & Rules thereof; simplified framework for startups & data fiduciaries (See 'Corp Brief') SARFAESI - as per Sec 15 of the Act, if borrower's management is taken over by secured creditor, the management may be restored upon full repayment of debt: HC (See 'Legal Desk') Afforestation, ecological restoration - coal mining cos steps to ensure ecological balance (See 'Corp Brief') Competition Act - allegations primarily concerning contraventions of the Companies Act or Ministry of Youth Affairs and Sports directives, do not relate to anti-competitive conduct or violation of the Act: CCI (See 'Legal Desk') RBI issues guidelines for banks to provide customer services in regional languages (See 'Corp Brief') IBC - If bank has released approved payments from TRA account operated by them, then bank was monitoring these transactions during entire CIRP: IBBI (See 'Legal Desk') Govt releases Credit Assessment Model for MSMEs to enhance digitally driven loan appraisal (See 'Corp Brief') IBBI - Cannot be expected to maintain information with respect to other laws outside its purview: IBBI (See 'Legal Desk') Govt's aid measures for MSMEs - TReDS, Rs 9000 Crore infusion (See 'Corp Brief') Indian media & entertainment sector to maintain growth despite AI disruption: Secy (See 'Corp Brief') PBPT - Transactions are rightly deemed benami u/s 2(9)(D) of PBPTA, where person who provided consideration for properties was not traceable: SAFEMA Tribunal (See 'Legal Desk') Sustainable coal mining - Govt simplifies approval for geological exploration & reports (See 'Corp Brief') Benami - Benami transaction is considered not only in case of transfer of property by beneficial owner for his ultimate benefit in future, but even if such properties is held by benamidar: SAFEMA (See 'Legal Desk') IITF-2025 - FCI Pavilion showcasing modernised foodgrain management bags bronze medal (See 'Corp Brief') Copyright Act - Police have jurisdiction to register FIR u/s 33EEC of the Drugs and Cosmetics Act in conjunction with cognizable offence under Copyright Act; registration of copyright not mandatory for criminal proceedings upon infringement: HC (See 'Legal Desk') VO Chidambarnar port receives first Clinker vessel following MoU with Ambuja Cement Ltd (See 'Corp Brief') PMLA - Sweep of Sec 5(1) is not limited to accused named in criminal activity relating to scheduled offence, but shall apply equally to person who is involved in any activity connected with proceeds of crime: SAFEMA (See 'Legal Desk')

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.

TIOL CORP SEARCH

TIOL GROUP WEBSITES