Optiemus showcases its high endurance Vajra 65 and Vajra 100 quadcopter drones

Optiemus showcases its high endurance Vajra 65 and Vajra 100 quadcopter drones


At the Drone-A-Thon 2024, Organized by the Indian Army in Leh- Ladakh

Optiemus Unmanned Systems (OUS), a wholly owned subsidiary of Optiemus Infracom, today announced that it has marked a significant milestone at the Him Drone-A-Thon 2024, Organized by the Indian Army from 16th to 24th September 2024 in Leh-Ladakh, the event tested the innovations in India’s most advanced unmanned systems.

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The first phase of trials took place at the Wari la Pass, with successful companies advancing to demonstrate their drone capabilities at the Umling La Pass, World’s highest motorable pass at an altitude of 19,200 feet.

 

OUS showcased its high endurance Vajra 65 and Vajra 100 quadcopter drones and demonstrated their advanced mission capabilities including loitering munitions (Bomb Drop Capabilities) and long-range surveillance. OUS demonstrated unparallel performance and set new benchmarks and records for critical mission parameters along with key achievements at both the trials at Wari La and Umling La pass. This milestone underscores the reliability and performance of the OUS Vajra series under some of the world’s most challenging conditions.

At Wari la Pass, situated at an altitude of approx. 15,000 feet (AMSL), the Vajra 65 successfully completed loitering munitions mission by travelling for 5,000 meters in one direction and achieving a maximum altitude of 17,460 feet (AMSL) with a flight endurance of 50 minutes and a bomb drop from 328 feet. The Vajra 100 also demonstrated exceptional performance in surveillance, achieving a range of 5,000 meters and a height of 18,280 feet (AMSL) with an impressive endurance of 80 minutes. Additionally, it reached a service ceiling of 19,921 feet (AMSL).

At Umling La Pass, situated in 19200 ft – the highest motorable pass in the world, Vajra 65 further pushed the boundaries, reaching an altitude of 21,300 feet (AMSL) and successfully completing a bomb drop from 1,049 feet with a range of 7,000 meters and a flight endurance of 40 minutes. The Vajra 100 excelled in surveillance once again, achieving a range of 10,000 meters and a height of 23,000 feet (AMSL), with an endurance of 70 minutes in the harsh conditions of the pass.

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First Published: Oct 07 2024 | 8:12 PM IST



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Optiemus showcases its high endurance Vajra 65 and Vajra 100 quadcopter drones

Bharat Electronics wins new orders of Rs 500 cr


Order book now stands at Rs 7,689 cr so far in FY25

Bharat Electronics has secured additional orders of more than Rs.500 crore since its last disclosure on 11 September 2024.

The major orders received include EMI shelters, AMC for Integrated Air Command and Control system nodes, Upgrade / spares for gun systems, spares for radars, communication system etc.

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With these orders, BEL has now accumulated orders totaling Rs.7,689 crore in the current financial year.

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First Published: Oct 07 2024 | 8:09 PM IST



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Optiemus showcases its high endurance Vajra 65 and Vajra 100 quadcopter drones

Jaguar Land Rover records 3% drop in Q2 retail sales


Production declines 7% in Q2 due to aluminium supply disruptions

Jaguar Land Rover, a wholly owned subsidiary of Tata Motors, has recorded retail sales of 103,108 units in Q2 FY24, lower by 3% compared to the same quarter of pervious year.

Retail sales for the first six months of FY24 were 214,288 units, up 3% on YoY basis.

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Compared to previous year, retail sales in the quarter were up 29% in the UK, up 9% in North America, down 22% in Europe, down 17% in China and down 6% overseas.

JLR production in the quarter was restricted to c.86,000 units, down 7% compared to the same quarter a year ago, as a result of supply disruptions from a key high-grade aluminium supplier that affected multiple OEMs.

 

Wholesale volumes of 87,303 units in Q2 FY24 were down 10% compared to the same quarter of previous year due to restricted aluminium supplies. In addition, at the end of September, a temporary hold was placed on 6,500 vehicles, largely in the UK and Europe, to allow additional quality control checks to be performed. These vehicles will be wholesaled in the second half of the year.

The overall mix of the most profitable Range Rover, Range Rover Sport and Defender models was 67% of total wholesale volumes.

“We expect both production and wholesales volumes to pick up strongly in the second half of the financial year as the aluminium supply situation normalises”, said the company.

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First Published: Oct 07 2024 | 7:42 PM IST



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Optiemus showcases its high endurance Vajra 65 and Vajra 100 quadcopter drones

Piccadily Agro launches limited edition Indri's 'City Series' for Bengaluru Duty Free


Piccadily Agro Industries announced the launch of its first travel retail exclusive ‘City Series’ with the debut Oloroso-Sherry cask expression exclusively crafted for Bengaluru Duty Free. Available solely for travel retail, this is the first in a series of bespoke single cask expressions, where each release will embody the spirit and essence of a different Indian city, available solely through select duty-free outlets across India and the world. This travel retail exclusive single malt whisky is specially made, designed, and bottled for Bengaluru Duty Free, celebrating the city in every bottle.

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First Published: Oct 07 2024 | 7:39 PM IST



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Optiemus showcases its high endurance Vajra 65 and Vajra 100 quadcopter drones

MOIL records best September production & sales


With best ever September production of 1.46 lakh tonnes in September, 2024, MOIL continued its growth momentum. It has achieved production of 8.70 lakh tonne during first six months of the current financial year (April to September 2024), registering a growth of 7% over CPLY.

The Company has also achieved Best September sales of 1.59 lakh tonnes in September, 2024. Sales of 7.51 lakh tonnes during April-September 2024, is almost at the same level as that during corresponding period last year, despite challenging market conditions.

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Giving utmost thrust to exploration, MOIL has carried out exploratory core drilling of 50,222 meters upto September, 2024 which is 1.4 times than the previous year.

 

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First Published: Oct 07 2024 | 7:37 PM IST



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Sebi extends timeline for social enterprises to submit annual disclosures

Sebi extends timeline for social enterprises to submit annual disclosures



Markets regulator Sebi on Monday extended the timeline to January 2025 for social enterprises, which have registered or mobilised funds through social stock exchange, to submit annual disclosures and ‘annual impact report’ for the financial year 2023-24.


Social enterprises were required to make annual disclosures and submit ‘annual impact report’ to the Social Stock Exchange (SSE) by October 31, 2024.

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“The outer timeline for annual disclosures under Regulation 91C(1) and annual impact report under Regulation 91E(1) of LODR (Listing Obligations and Disclosure Requirements) Regulations by Social Enterprises on Social Stock Exchange, for FY 2023-24 has been extended up to January 31, 2025,” Sebi said in a circular.

 


The annual report involves details of general, governance and finance aspects and annual impact report to SSE captures the qualitative and quantitative aspects of the social impact generated by the social enterprise.


In case a Not-for-Profit Organisation is only registered without listing any security, such a report is required to cover the NPO’s significant activities, interventions, and programmes, among others.


In September 2023, Sebi asked social enterprises raising funds using SSE to disclose the annual impact report within 90 days from the end of the financial year.


SSE is a novel concept in India and it is a separate segment of the existing stock exchange, which helps social enterprises to garner funds from the public through the stock exchange mechanism.


Social enterprises eligible to participate in the SSE are entities — NPOs and for-profit social enterprises — having social intent and impact as their primary goal. Also, such an intent should be demonstrated through its focus on eligible social objectives for the underserved or less privileged populations or regions.


The social enterprises will have to engage in a social activity out of 16 broad activities listed by the regulator. The eligible activities include eradicating hunger, poverty, malnutrition and inequality; promoting healthcare, supporting education, employability and livelihoods; gender equality empowerment of women and LGBTQIA+ communities; and supporting incubators of social enterprise.

First Published: Oct 07 2024 | 7:35 PM IST



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