Strategic Acquisition Announcement Alkem Laboratories has moved to deepen its presence in medical technology through a binding offer by its devices arm to acquire a controlling stake in Occlutech Holding AG. The proposed transaction involves purchasing up to 55% of the Swiss cardiovascular device manufacturer for roughly $118 million, valuing the company at around €180 million. The deal,…
A Successful Lift-off NASA’s SpaceX Crew-12 mission has successfully launched, sending the Dragon spacecraft into orbit on a journey to the International Space Station (ISS). The mission lifted off from Kennedy Space Center’s historic launch complex, marking another milestone for the commercial crew programme that has reshaped human spaceflight logistics over the past decade. The Falcon 9…
National Push for AVGC Labs in Education The Ministry of Information and Broadcasting has initiated consultations to establish Animation, Visual Effects, Gaming and Comics (AVGC) content creation labs across India’s education system. The proposed plan envisions setting up such facilities in 15,000 schools and 500 colleges, creating an early pipeline of creative and technical talent. Officials indicated…
The United States and Taiwan have concluded a significant bilateral trade arrangement aimed at reshaping commercial ties and reinforcing supply-chain resilience. Finalised in February 2026 through the American Institute in Taiwan, the agreement arrives at a time of heightened geopolitical competition in the Indo-Pacific and evolving protectionist trends in global trade policy. By reducing barriers and committing…
A Platform for AI’s Next Phase The AI Impact Summit 2026 is set to take place in New Delhi on February 19–20, positioning India as a key convenor in shaping the future of artificial intelligence. Organised under the national AI mission and the Ministry of Electronics and IT, the gathering will be hosted by Prime Minister…
Crackdown on Meta and the Rise of a “National Messenger” Russia has moved to block Meta-owned WhatsApp nationwide after authorities said the platform failed to meet domestic data-storage and content-control requirements. Officials framed the decision as a matter of digital sovereignty, arguing that foreign platforms must comply with local regulations or risk exclusion. With the ban…
High-Level Talks Signal Strategic Intent Prime Minister Narendra Modi’s meeting with Rolls-Royce CEO Tufan Erginbilgic in February 2026 highlighted the British engineering group’s expanding ambitions in India. The discussion underscored India’s growing importance as both a market and a manufacturing base for advanced engineering systems. From civil aviation engines to military propulsion and marine technologies, the conversation…
A Major Defence Boost for India India has moved forward with a massive plan to acquire 114 additional Rafale fighter jets after the government cleared a ₹3.25 lakh crore procurement proposal. The decision, approved by the Defence Acquisition Council, represents one of the largest military aviation purchases in the country’s history and aims to strengthen the…
A Landmark Settlement Following a Fatal Crash Seattle has agreed to pay approximately ₹260 crore ($29 million) to the family of Jaahnavi Kandula, the Indian graduate student who died after being struck by a police vehicle in 2023. Finalized in February 2026, the settlement stands among the largest ever issued in Washington state in a police-involved…
A Gentle Invitation to Leave Google has begun offering voluntary exit packages to certain employees, signaling a calibrated approach to workforce reduction rather than sweeping layoffs. In early February 2026, leadership within the company’s Global Business Organization circulated internal messages inviting eligible staff—particularly in sales, partnerships, and corporate development—to consider leaving with enhanced severance. The tone…
