Latest news with #ShivamPatel
Yahoo
05-07-2025
- Business
- Yahoo
India plans $230 million drone incentive after Pakistan conflict, sources say
By Sarita Chaganti Singh and Shivam Patel NEW DELHI (Reuters) -India will launch a $234 million incentive programme for civil and military drone makers to reduce their reliance on imported components and counter rival Pakistan's programme built on support from China and Turkey, three sources told Reuters. India's push to build more home-grown drones stems from its assessment of the four-day clash with Pakistan in May that marked the first time New Delhi and Islamabad utilized unmanned aerial vehicles at scale against each other. The nuclear-armed neighbours are now locked in a drones arms race. New Delhi will launch a 20 billion Indian rupees ($234 million) programme for three years that will cover manufacture of drones, components, software, counter drone systems, and services, two government and one industry source, who did not want to be named, told Reuters. Details of the programme have not been previously reported and its planned expenditure is higher than the modest 1.2 billion rupees production-linked incentive scheme New Delhi launched in 2021 to promote drone start-ups, which have struggled to raise capital and invest in research. India's civil aviation ministry, which is leading the incentives programme, and defence ministry did not immediately respond to e-mails seeking comment. Reuters previously reported that India plans to invest heavily in local industry and could spend as much as $470 million on unmanned aerial vehicles over the next 12 to 24 months, in what government and military officers said would be a staggered approach. In the past, India has mainly imported military drones from its third-largest arms supplier, Israel, but in recent years its nascent drone industry has scaled up its cost-effective offerings, including for the military, although reliance on China continues for certain components such as motors, sensors and imaging systems. Through the incentives, India is aiming to have at least 40% of key drone components made in the country by the end of fiscal year 2028 (April-March), the two government sources said. "During (the India-Pakistan) conflict there was quite a lot of use of drones, loitering munitions and kamikaze drones on both sides," Indian Defence Secretary Rajesh Kumar Singh said last week. "The lesson that we've learned is that we need to double down on our indigenisation efforts to ensure that we build a large, effective, military drone manufacturing ecosystem." India bans import of drones but not their components and the government has planned additional incentives for manufacturers that procure parts from within the country, the two government sources said. The state-run Small Industries Development Bank of India would also support the incentive programme by providing cheap loans for working capital, research and development needs for the firms, the government sources added. Currently, there are more than 600 drone manufacturing and associated companies in India, according to estimates shared by an industry source involved in the discussions for the incentives programme. ($1 = 85.5950 Indian rupees) Sign in to access your portfolio
Yahoo
04-07-2025
- Business
- Yahoo
India plans $230 million drone incentive after Pakistan conflict, sources say
By Sarita Chaganti Singh and Shivam Patel NEW DELHI (Reuters) -India will launch a $234 million incentive programme for civil and military drone makers to reduce their reliance on imported components and counter rival Pakistan's programme built on support from China and Turkey, three sources told Reuters. India's push to build more home-grown drones stems from its assessment of the four-day clash with Pakistan in May that marked the first time New Delhi and Islamabad utilized unmanned aerial vehicles at scale against each other. The nuclear-armed neighbours are now locked in a drones arms race. New Delhi will launch a 20 billion Indian rupees ($234 million) programme for three years that will cover manufacture of drones, components, software, counter drone systems, and services, two government and one industry source, who did not want to be named, told Reuters. Details of the programme have not been previously reported and its planned expenditure is higher than the modest 1.2 billion rupees production-linked incentive scheme New Delhi launched in 2021 to promote drone start-ups, which have struggled to raise capital and invest in research. India's civil aviation ministry, which is leading the incentives programme, and defence ministry did not immediately respond to e-mails seeking comment. Reuters previously reported that India plans to invest heavily in local industry and could spend as much as $470 million on unmanned aerial vehicles over the next 12 to 24 months, in what government and military officers said would be a staggered approach. In the past, India has mainly imported military drones from its third-largest arms supplier, Israel, but in recent years its nascent drone industry has scaled up its cost-effective offerings, including for the military, although reliance on China continues for certain components such as motors, sensors and imaging systems. Through the incentives, India is aiming to have at least 40% of key drone components made in the country by the end of fiscal year 2028 (April-March), the two government sources said. "During (the India-Pakistan) conflict there was quite a lot of use of drones, loitering munitions and kamikaze drones on both sides," Indian Defence Secretary Rajesh Kumar Singh said last week. "The lesson that we've learned is that we need to double down on our indigenisation efforts to ensure that we build a large, effective, military drone manufacturing ecosystem." India bans import of drones but not their components and the government has planned additional incentives for manufacturers that procure parts from within the country, the two government sources said. The state-run Small Industries Development Bank of India would also support the incentive programme by providing cheap loans for working capital, research and development needs for the firms, the government sources added. Currently, there are more than 600 drone manufacturing and associated companies in India, according to estimates shared by an industry source involved in the discussions for the incentives programme. ($1 = 85.5950 Indian rupees) Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Hindustan Times
02-07-2025
- Hindustan Times
Noida: 3 arrested, cars seized day after stunts video invite ₹1.23L fine
Noida: A day after the Noida Traffic Police issued fines totalling ₹ 1.23 lakh against two vehicles for performing stunts in Greater Noida, police arrested three people on Tuesday and also seized all the three cars that were allegedly part of the incident, officers said. the Noida Traffic Police tracked down the vehicles by scanning their registration numbers and issued challans amounting to ₹ 1.23 lakh — ₹ 65,500 for one vehicle and ₹ 57,500 for the other visible in the video clip. (HT Photos) The suspects in their 30s have been identified as Uday Pratap Singh, a practising lawyer in Delhi and resident of Pratap Vihar, Ghaziabad; Shivam Patel, a resident of Alpha 1 in Greater Noida; and Prince Bharadwaj, a resident of Jewar. Both Patel and Bharadwaj are students at a private university in Knowledge Park, they added. 'Investigation revealed that the suspects recorded the video around two months ago to upload on social media. They forgot the exact location as they frequently recorded stunt videos,' said Knowledge Park station house officer Sarvesh Singh, adding: 'We are also investigating more stunt videos recorded by them.' On Monday, their stunt video widely circulated on social media purportedly showed stunts being performed in two moving cars. A man was seen hanging out of a car window, waving a stick, while the driver's door remained open. Another car is seen speeding in a zigzag manner. The act was video recorded from the third car. HT, however, could not verify the video's authenticity. Taking cognisance of the video, the Noida Traffic Police tracked down the vehicles by scanning their registration numbers and issued challans amounting to ₹ 1.23 lakh — ₹ 65,500 for one vehicle and ₹ 57,500 for the other visible in the video clip. On Tuesday, all three cars were seized under Section 207 of the Motor Vehicles Act. The fines were imposed under multiple sections of the Motor Vehicles Act, including Section 184 (dangerous driving), Section 189 (speeding), Section 179 (disobedience and obstruction), and Section 194B (seatbelt violation). A case under Sections 281 (rash driving) and 125 (act endangering life) of the Bharatiya Nyaya Sanhita was also registered at the Knowledge Park police station.
Time of India
02-07-2025
- Time of India
After Rs1.2 lakh fine, 3 held for stunts on Gr Noida road
Noida: Three youths were arrested and their vehicles impounded, a day after Noida Traffic Police issued Rs 1.2 lakh in challans against two cars for performing stunts in Greater Noida. This came after a video of the incident was shared multiple times on social media sites. A case was registered at the Knowledge Park police station for rash driving and endangering lives. The accused, Uday Pratap Singh , a lawyer and resident of Pratap Vihar in Ghaziabad; Shivam Patel from Alpha 1, Greater Noida; and Prince Bharadwaj of Jewar. Sarvesh Singh, SHO, Knowledge Park, said that the men were arrested after cops launched an investigation and searched for their registration numbers. "Initially, we registered a case against two vehicles. During the investigation, we found that three cars were used in this stunt. The trio, during questioning, confessed that the video was shot two to three months ago to upload on social media profiles," he said. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida A 15-second clip that went viral on social media sites shows one youngster sitting on the window of a car and waving a lathi while the driver's door is open. It cuts to another car, which is seen zigzagging on a road while a passenger sits on the vehicle's window. Taking note of the video, Noida Traffic Police tracked the registration details of the vehicles and issued challans amounting to Rs 1.21 lakh — Rs 63,500 against one vehicle and Rs 57,500 against the other. The fines were levied under several provisions of the Motor Vehicles Act , including Section 184 (dangerous driving), Section 189 (speeding), Section 179 (disobedience and obstruction), and Section 194B (seatbelt violation). In addition, a criminal case under Sections 281 (rash driving) and 125 (act endangering life) of the BNS was registered against the accused at the Knowledge Park police station. The accused were produced in court and sent to judicial custody. Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!
Time of India
19-06-2025
- Time of India
Man arrested for kidnapping cousin for 5 lakh ransom
Prayagraj: A joint team of the Special Operation Group (SOG) and Nawabganj police of Pratapgarh district on Thursday claimed to have rescued a 10-year-old boy within six hours of kidnapping and also arrested the kidnapper who had demanded Rs 5 lakh ransom from the family. Police have also seized a mobile and a bike from the possession of the kidnapper, identified as Shivam Patel (22), a resident of Jugai ka Purwa village. Ironically, the kidnapper turned out to be a distant relative of the boy. Police said that a man on Wednesday evening approached Nawabganj police and claimed that his minor son was missing since the afternoon. He also informed the police that he received a call from an unknown person late on Wednesday night who sought Rs 5 lakh ransom, threatening that he would kill his son if the amount was not paid. Following the incident, an FIR was lodged with Nawabganj police under appropriate sections. After registering the FIR, police carried out an investigation with electronic surveillance and managed to rescue the kidnapped boy near Chaini Ka Pura and arrested the kidnapper within six hours of the incident. The accused told the police that he had opened a cosmetics shop after taking a debt worth Rs 12 lakhs, which he was unable to pay. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade With Our Capital FunderPro Try Now Undo The accused then contacted his Mumbai-based friend, who suggested him to kidnap his maternal cousin for money. The accused lured his maternal cousin on the pretext of bike riding and made him captive at his friend's house. The accused's friend made the ransom call as they were planning to take the kidnapped boy to Mumbai. Prayagraj: A joint team of the Special Operation Group (SOG) and Nawabganj police of Pratapgarh district on Thursday claimed to have rescued a 10-year-old boy within six hours of kidnapping and also arrested the kidnapper who had demanded Rs 5 lakh ransom from the family. Police have also seized a mobile and a bike from the possession of the kidnapper, identified as Shivam Patel (22), a resident of Jugai ka Purwa village. Ironically, the kidnapper turned out to be a distant relative of the boy. Police said that a man on Wednesday evening approached Nawabganj police and claimed that his minor son was missing since the afternoon. He also informed the police that he received a call from an unknown person late on Wednesday night who sought Rs 5 lakh ransom, threatening that he would kill his son if the amount was not paid. Following the incident, an FIR was lodged with Nawabganj police under appropriate sections. After registering the FIR, police carried out an investigation with electronic surveillance and managed to rescue the kidnapped boy near Chaini Ka Pura and arrested the kidnapper within six hours of the incident. The accused told the police that he had opened a cosmetics shop after taking a debt worth Rs 12 lakhs, which he was unable to pay. The accused then contacted his Mumbai-based friend, who suggested him to kidnap his maternal cousin for money. The accused lured his maternal cousin on the pretext of bike riding and made him captive at his friend's house. The accused's friend made the ransom call as they were planning to take the kidnapped boy to Mumbai.
