logo
#

Latest news with #Hyderabad-based

Edgeforce Solutions: Built by soldiers, backed by science
Edgeforce Solutions: Built by soldiers, backed by science

New Indian Express

time2 hours ago

  • Business
  • New Indian Express

Edgeforce Solutions: Built by soldiers, backed by science

Tell us about Edgeforce Solutions. Edgeforce Solutions Private Limited (ESPL) is a Hyderabad-based company focused on developing indigenous, deep-tech solutions for defence applications. Our strength lies in building cutting-edge autonomous ground vehicles, AI-integrated AR/VR training simulators, and predictive maintenance systems for military platforms. The name 'Edgeforce' was born from our intent to give a cutting-edge advantage to India's forces, and so, our tagline is 'Bringing Deeptech to Defence Tech'. I spent months discussing this vision with my long-time friend and now co-founder, Colonel (Dr) N Sriramesh. In December 2020, we launched Edgeforce. Artificial Intelligence became the cornerstone of our roadmap. My exposure to AI during my service, particularly while helping implement AI as part of officer training curricula, gave me critical insights into its practical military applications. Since inception, we've developed several path-breaking solutions for the Army, Navy, and Air Force in domains like unmanned autonomous systems, XR simulations, robotics, and AI-driven maintenance tools. Our broader mission aligns with the national vision of making India 'Atmanirbhar' in complex defence technologies.

Political, financial angles emerge in Congress leader's murder probe
Political, financial angles emerge in Congress leader's murder probe

Time of India

time13 hours ago

  • Business
  • Time of India

Political, financial angles emerge in Congress leader's murder probe

Hyderabad: The murder of a local Congress leader, Marelli Anil, at Kulcharam in Medak district is taking complex turns as investigators uncover a trail of financial disputes, high-profile connections, and possible contract killings. Special teams from Medak police, probing the murder, have found that Anil—who had been reportedly actively involved in financial settlements and loan recovery work over the past two years—had made several enemies in the process. Among the angles being probed is a dispute involving the family of an Andhra Pradesh legislator, with whom Anil is believed to have had a fall-out. Police revealed that Anil was working on behalf of a Hyderabad-based businessman, assisting in recovering loans disbursed to various individuals. One such high-stakes case involved the grandson of a prominent AP politician, who had borrowed ₹50 lakh from the businessman. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad 'Anil managed to recover ₹39 lakh from the grandson, but there was an ongoing dispute over the remaining ₹11 lakh,' a police investigator said. 'We are investigating whether this conflict had any link to Anil's murder,' he said. Further complicating the case is the Mercedes Benz in which Anil was travelling at the time of his death. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo Police found that the car belonged to a 70-plus paralysed person from Gachibowli, who allegedly owed ₹50 lakh to the same businessman. 'As no repayment was made, Anil took the Benz car as collateral, effectively using it to pressure the debtor,' a senior officer said. Police sources said Anil came from a poor financial background. 'His parents are small farmers. He recently owned an i10 car and remained unmarried. He had taken to doing settlements and money recovery work, which seems to have earned him powerful adversaries,' the official added. Investigators suspect that contract killers may have been hired by someone holding a deep grudge against Anil. 'We are verifying all possible motives, including professional enmity and financial disputes,' the official said. Medak district superintendent of police DV Srinivasa Rao said special teams are actively scanning CCTV footage from various locations and questioning suspects in connection with the case. 'The investigation is progressing. We will reveal further details once the case is solved,' the SP added.

2 die in Dima Hasao landslide, 9 injured
2 die in Dima Hasao landslide, 9 injured

Time of India

time13 hours ago

  • Time of India

2 die in Dima Hasao landslide, 9 injured

Silchar: A mudslide on a national highway in Assam's Dima Hasao district resulted in the death of two persons and left nine injured on Wednesday morning. The incident occurred in Hangrum, within the Mahur police station area, following heavy overnight rain that caused a landslide. It took place during the ongoing construction work under the Bharat Mala project , managed by Anusha Project Private Limited, a Hyderabad-based firm. The project involves the construction of a two-lane national highway connecting Hangrum to Tamenglong district in Manipur. According to sources, a large portion of the hillside collapsed onto the road, trapping and crushing workers beneath the debris. The deceased have been identified as Huajenam Riame (60), a resident of Hujanzen Gamba, and Fero Tiga (39), an excavator operator employed by the construction firm. The injured were taken to Haflong Civil Hospital for treatment. Senior project manager of Anusha Project Private Limited Sushil Kumar Srivastava said: "It is heartbreaking to lose two lives in this tragic landslide. Our thoughts and condolences are with their families." Authorities have launched an investigation into the cause of the landslide.

Bribery case: CBI arrests 3 I-T officials
Bribery case: CBI arrests 3 I-T officials

Time of India

time14 hours ago

  • Time of India

Bribery case: CBI arrests 3 I-T officials

Patna: The Central Bureau of Investigation (CBI) on Wednesday formally arrested Aditya Saurabh, an Indian Revenue Service (IRS) officer, along with an income-tax inspector and a multi-tasking staff (MTS) member in Patna in connection with a bribery case involving Rs 2 lakh. All three were remanded in three days' CBI custody by the CBI special court-1 in Patna. According to CBI sources, Aditya Saurabh, a 2021-batch IRS officer, is currently serving as assistant director in the income-tax Department in Patna. He is accused of demanding a bribe of Rs 2 lakh from a Hyderabad-based company. The investigation began after the CBI received a complaint about the bribery demand. Initial inquiries led to the arrest of income-tax inspector Manish Kumar Pankaj and multi-tasking staff member Shubham Raj. Their interrogation subsequently revealed the alleged involvement of the IRS officer, leading to his arrest. The bribe was accepted in a lane behind the Patna high court on Tuesday evening where all three were caught. "CBI registered an instant case on July 15, 2025, against the said accused persons on allegations of demand and acceptance of a bribe of Rs 2 lakh from the complainant for the release of a previously seized amount of Rs 13 lakh and for not initiating any further inquiry against him. The amount of Rs 13 lakh was reportedly seized from the complainant's brother-in-law at the airport, which was intimated to the income-tax department," said a CBI press release. The CBI laid a trap and caught the accused red-handed while accepting the bribe. The Rs 2 lakh bribe money was recovered during the operation. The agency stated the money was collected on the direction and behalf of the IRS officer. Searches were conducted at three different locations linked to the accused in Patna. The CBI is now gathering documentary evidence, phone call recordings and other electronic proof. Patna: The Central Bureau of Investigation (CBI) on Wednesday formally arrested Aditya Saurabh, an Indian Revenue Service (IRS) officer, along with an income-tax inspector and a multi-tasking staff (MTS) member in Patna in connection with a bribery case involving Rs 2 lakh. All three were remanded in three days' CBI custody by the CBI special court-1 in Patna. According to CBI sources, Aditya Saurabh, a 2021-batch IRS officer, is currently serving as assistant director in the income-tax Department in Patna. He is accused of demanding a bribe of Rs 2 lakh from a Hyderabad-based company. The investigation began after the CBI received a complaint about the bribery demand. Initial inquiries led to the arrest of income-tax inspector Manish Kumar Pankaj and multi-tasking staff member Shubham Raj. Their interrogation subsequently revealed the alleged involvement of the IRS officer, leading to his arrest. The bribe was accepted in a lane behind the Patna high court on Tuesday evening where all three were caught. "CBI registered an instant case on July 15, 2025, against the said accused persons on allegations of demand and acceptance of a bribe of Rs 2 lakh from the complainant for the release of a previously seized amount of Rs 13 lakh and for not initiating any further inquiry against him. The amount of Rs 13 lakh was reportedly seized from the complainant's brother-in-law at the airport, which was intimated to the income-tax department," said a CBI press release. The CBI laid a trap and caught the accused red-handed while accepting the bribe. The Rs 2 lakh bribe money was recovered during the operation. The agency stated the money was collected on the direction and behalf of the IRS officer. Searches were conducted at three different locations linked to the accused in Patna. The CBI is now gathering documentary evidence, phone call recordings and other electronic proof.

Hyd startups Veera Dynamics, Binford Labs co-develop India's first stealth drones for armed forces
Hyd startups Veera Dynamics, Binford Labs co-develop India's first stealth drones for armed forces

Time of India

time14 hours ago

  • Business
  • Time of India

Hyd startups Veera Dynamics, Binford Labs co-develop India's first stealth drones for armed forces

HYDERABAD: Veera Dynamics, a Hyderabad-based defence tech startup that has developed a next-gen stealth material called RAMA (Radar Absorption & Multispectral Adaptive), has now teamed up with Hyderabad-based Binford Research Labs to develop India's first stealth drone. RAMA, which uses nanotechnology and can be applied as a paint or wrapping, works like Harry Potter's 'cloak of invisibility' to enhance the invisibility of military platforms like drones, manned aircraft, or naval vessels across radar and infrared spectrums to avoid detection by the enemy. It is made from a blend of two different carbon materials that enables it to absorb radar waves, converting them into heat, which is then dissipated at a rate of 1.5 degrees centigrade per second. This rapid heat dissipation, combined with the material's ability to adapt to ambient temperatures, helps the RAMA coated platform achieve thermal equilibrium, effectively reducing its radar cross-section and thermal signatures. Sai Teja Peddineni, CEO, Veera Dynamics, told TOI that the material's development was initially spurred by a problem statement from the Naval Innovation and Indigenisation Organisation (NIIO) in 2022, which wanted an infrared stealth solution. While it achieved a 97% IR signature reduction with RAMA, the project quickly evolved to address radar spectrum invisibility as well with an over 90% reduction in radar signature, he said. 'RAMA represents our vision of platform-wide invisibility. It's not just a material – it's a strategic capability for future warfare,' Peddineni added. The dual stealth drones being co-developed by the two Hyderabad startups have already been tested by the Indian armed forces during field trials post Operation Sindoor , B Sidhanth Jain, founder, Binford Research Labs, said. He said Binford is now integrating RAMA with its autonomous drones that can operate in RF- and GPS-denied environments. "Our drones, equipped with RAMA, can carry out covert, high-risk missions in contested zones, enhancing their survivability and mission adaptability as it significantly compresses the adversary's detect-to-engage window to near-zero," Jain added. Both the startups are funded by Union defence ministry's flagship iDEX (Innovations for Defence Excellence) programme, that is managed by the Defence Innovation Organisation (DIO) and were also initially supported by IIT-Hyderabad. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store