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Tag: Foreign Investment

AI in Orbit: PierSight Tracks Ocean Crimes

India’s private space-tech ecosystem continues to expand its footprint, with startups now targeting critical global challenges through cutting-edge satellite and AI integration. Among them, Bengaluru-based startup PierSight has emerged as a key player by deploying artificial intelligence-powered satellite systems to monitor maritime zones, illegal activities, and environmental risks such as oil spills. Founded by former ISRO engineers and systems experts, PierSight is developing a dedicated...

MMRDA Taps Korean Expertise for Mumbai 3.0

In a strategic move to accelerate Mumbai’s transformation into a future-ready metropolis, the Mumbai Metropolitan Region Development Authority (MMRDA) hosted a high-level delegation from the Republic of Korea during the India Global Forum 2025 in Mumbai. The delegation included senior officials from key institutions such as the Incheon Free Economic Zone Authority (IFEZ), Korea Trade-Investment Promotion Agency (KOTRA), and the World Smart Cities Forum...
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Volkswagen Challenges $1.4 Billion Tax Demand in India

Volkswagen’s Indian subsidiary, Skoda Auto Volkswagen India, has filed a legal challenge against a $1.4 billion import tax demand issued by Indian authorities. The...