IN-SPACe Launches Technology Adoption Fund to Accelerate India’s Space Secto
Ahmedabad, India; – Indian National Space Promotion and Authorization Centre (IN-SPACe) today announced the launch of the Technology Adoption Fund (TAF) to nurture and support the growth of India’s space technology capabilities. This fund is designed to support the transition of early-stage space technologies developed by Indian companies into commercially viable products. By providing partial funding to Non-Government Entities (NGEs), the TAF will support the transition of innovative ideas from the drawing board to a market-ready stage.
The TAF has been created to promote the development of space technology within India while reducing the nation’s dependence on imported solutions. Investing in domestic research and development, the TAF will help build a strong partnership between government bodies and the private sector and position India as a reliable global partner in the space industry.
“The fund will offer financial support of up to 60% of the project cost for startups and MSMEs, and 40% for larger industries, with a maximum funding cap of ₹25 Crores per project,” said Dr Pawan Goenka, Chairman, IN-SPACe. “We have designed this fund to help innovators bridge the gap between early-stage development and commercialization. This support will enable companies to refine their technologies, enhance production processes, and meet market demands both within India and abroad. Our focus is on enabling practical solutions that can be quickly integrated into the space ecosystem”, he added.
With TAF, IN-SPACe aims to support a wide range of outcomes—from the development of new space products to the creation of intellectual property that can drive future research and development. The fund will help promote advanced space technologies and contribute to job creation along with economic growth. By funding projects that have the potential to become commercial successes, IN-SPACe is taking concrete steps toward strengthening India’s position in the global space sector.
The Technology Adoption Fund is open to all eligible NGEs/companies that are ready to demonstrate the commercial potential of their innovations. Interested parties are encouraged to register on the IN-SPACe Digital Platform (IDP) at www.inspace.gov.in/taf to review the Guidelines Document and to submit their applications in the prescribed format.
In addition to financial support, the initiative will provide technical guidance and mentoring opportunities, which will help companies navigate challenges during the product development phase. This comprehensive support framework is intended to ensure that innovative ideas are not only protected and refined but also brought to market efficiently.
Max Super Specialty Hospital, Vaishali Launches Dedicated Diabetic Foot Care Clinic
Max Super Specialty Hospital, Vaishali recently announced the launch of their exclusive and dedicated Diabetic Foot Clinic- a pioneering initiative in the region aimed at preventing the catastrophic consequences of diabetic foot complications. The clinic is being launched to educate and aware diabetic patients on how to care for their feet, prevent injuries, and maintain mobility and independence, to save the foot from amputation.
Explaining the significance of diabetic foot care Dr. Kapil Gupta, Director, Vascular and Endovascular Surgery, Max Super Specialty Hospital, Vaishali said “People with diabetes face a higher risk of foot complications due to neuropathy, poor blood circulation, and reduced immune response. Around Our new Diabetes Foot Clinic is designed to provide specialized care to patients, including wound care for ulcers, infection management, and vascular assessments to ensure optimal foot health.
A proactive approach is crucial in preventing foot complications, and the clinic offers personalized treatments with advanced diagnostics and expert guidance on foot care to reduce the risk of infections and potential amputations.”
Further, Dr. Gupta said “Diabetic foot complications can often be prevented with early detection and timely intervention. We also recognize that managing diabetic foot health requires a multi-disciplinary approach. Our clinic facilitates consultations with specialists in areas such as Endocrinology, Cardiology, Orthopedics, Plastic Surgery, and Rehabilitation, ensuring holistic care for our patients.”
The launch of the Diabetes Foot Clinic at Max Super Specialty Hospital, Vaishali highlights the hospital’s commitment to enhancing diabetes care. Equipped with cutting-edge diagnostics and a dedicated team, the lab provides comprehensive assessments and customized care for managing diabetic foot issues, aiming to improve patient outcomes and enhance quality of life.
UC Punawale Skyscrapers Buys Land in Pimpri-Chinchwad for Rs129 Cr
UC Punawale Skyscrapers LLP has acquired a land parcel in Punawale in Pimpri-Chinchwad, Pune, for Rs. 129 crore, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) The transaction was officially registered in February 2025.
Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards said, “Pimpri-Chinchwad has firmly established itself as a key residential market, consistently accounting for 40-45% of Pune’s overall quarterly residential registered transaction volume. Its appeal lies in a balanced mix of affordability and connectivity—offering working professionals seamless access to key commercial hubs via NH-48 while maintaining a price advantage over central Pune. This growing demand in localities such as Punawale, Ravet, and Tathawade amongst others has drawn strong interest from both national and local developers. Recent land acquisitions further validate developer confidence, with both national and local players expanding their portfolios to cater to this demand. Given its strategic location and availability of low-to-mid segment properties, the localities in Pimpri-Chinchwad are poised for sustained residential growth owing to end-user demand in the coming years.”
Punawale, a rapidly developing suburb in Pimpri-Chinchwad, Pune, is emerging as a prime residential hub due to its proximity to Hinjewadi IT Park and seamless connectivity via Mumbai Highway (NH-48). With upcoming gated communities, reputed developers, and improving infrastructure, the area is attracting homebuyers and investors. Easy access to schools, hospitals, and retail hubs like City One Mall makes Punawale a well-rounded choice for modern living.
According to IGR property registration documents reviewed by Square Yards, the land parcel involves a total transacted area of 2.38 hectares (~28,465 square yards), with a stamp duty of Rs.9.03 crore and a registration fee of Rs. 30,000.
According to Square Yards’ Project Data Intelligence, 5,169 transactions amounting to a gross transaction value of Rs. 2,827 crores were registered with IGR in Punawale in Pimpri Chinchwad, between January 2024 and December 2024. Currently, the average price of residential property in Punawale stands at Rs. 9,666 per sq. ft. UC Punawale Skyscrapers LLP is a Limited Liability Partnership firm that was established on January 17, 2025, in India. Its registered office is located in Pune City, Maharashtra.
WSO2Con 2025 to Highlight ‘Platformless Modernization’ for Innovation
Mumbai – February 19, 2025 – WSO2Con 2025 will empower enterprises to embrace ‘Platformless Modernization’ by showcasing real-world strategies, expert insights, and innovations that simplify development, accelerate digital transformation, and future-proof IT infrastructures. Keynotes, customer stories, and technical discussions during the three-day event will explore and deep-dive into how enterprises can transform digital innovation by eliminating the complexities of traditional platforms either by adopting an enterprise-grade internal developer platform or leveraging software-as-a-service offerings to build your own. The event will take place from March 18 to 20, 2025, in Barcelona, Spain, at the Palau de Congressos de Catalunya.
Delivering a platform experience without the complexity
Platformless modernization aims to redefine how organizations build, deploy, and manage applications. Traditional platforms often come with operational overhead, requiring businesses to maintain infrastructure and navigate complex configurations. A platformless approach removes these burdens, making the platform layer invisible to developers, so they can focus on just building innovative applications and providing better digital experiences to their customers and users.
At WSO2Con 2025, WSO2 executives and industry experts will explore what platformless modernization means for enterprises, offering insights into:
- How businesses can deliver developer-friendly experiences without the overhead of managing platforms
- Strategies for enabling rapid, secure, and scalable application development powered by API management, integration, and identity solutions
- The role of internal developer platforms (IDPs) in modernizing software delivery with AI, Kubernetes, and cloud-native architectures
Insightful keynotes and customer success stories
The conference will feature a distinguished lineup of keynote speakers. In his opening keynote, WSO2’s Founder and CEO, Dr.Sanjiva Weerawaranawill discusses the vision for platformless modernization with WSO2 technical experts providing in-depth sessions on how platformless is shaping the future of integration, API management, and identity & access management.
Jeremy Schneider, Senior Partner & Co-Head of Global Software & High-Tech Practice, McKinsey and Company will provide a framework for navigating evolution in the digital economy in his keynote Every Company is a Software Company. In other keynote presentations, Amy Bingham, vice president & chief information officer at Pekin Insurance will share learnings on how Pekin turned a challenging year of unprecedented setbacks into a story of resilience, rebuilding, and long-term success in an increasingly unpredictable world. Jonathan Pearl, executive director – of technology product management at financial services company, BNY Mellon, will explore the power of APIs and how they can be used to drive modernization, innovation, and collaboration – both internally and externally. He will discuss the key principles and best practices for designing, building, discovering, and governing APIs, as well as the cultural and organizational changes needed to successfully support an API-first strategy.
Sri Madhusudan Sai Institute Offers Free Medical Care at Kumbh Mela
Amidst the gathering of millions at Maha Kumbh 2025 in Prayagraj, where devotees seek spiritual upliftment and purification, the Sri Madhusudan Sai Institute of Medical Sciences and Research (SMSIMSR), in collaboration with the Department of Health, Uttar Pradesh, and the Indian Association of Preventive and Social Medicine, is offering invaluable facility to the attendees by offering free medical services.
A total of 15-bed hospital has been set up in Sector 16 of Prayagraj that ensures to provide inclusive medical support for free. Treating an average of 1,000 patients per day to 2,000 patients per day (on spiritually significant days like Mauni Amavasya), the initiative by SMSIMSR aims to offer timely and accessible healthcare services to all devotees for free, especially during peak days.
Equipped to provide immediate care to any of the devotees in need of assistance as they take a holy dip in the Triveni Sangam, this initiative prioritizes the health and well-being of every individual during their spiritual journey. In this convergence of devotion and service, healthcare becomes a blessed offering of love and compassion.
SOCOMEC Unveils Delphys XM UPS & DIRIS A-100/A-200 Meters
Mumbai, February 19th, 2025: Socomec, a leading global specialist in LV power management solutions, proudly announces the launch of its latest solution – the DELPHYS XM, an advanced Uninterruptible Power Supply (UPS) system ranging from 300 to 800 kVA/kW, and the DIRIS A-100/A-200, the ultimate all-purpose panel-mounted power quality meters, specifically designed to meet the demands of modern Data Centres and other critical infrastructures. With the DELPHYS XM offering advanced power management capabilities and the DIRIS A-100/A-200 providing intuitive energy monitoring, these products are set to revolutionize how industries manage their power systems, ensuring efficiency and sustainability for the future.
The high-power density and superior efficiency UPS, DELPHYS XM, features exceptional power density, superior energy efficiency, and modular architecture, conforming to standards EN/IEC 62040-1, EN/IEC 62040-2, and EN/IEC 62040-3. This comprehensive solution reduces the Total Cost of Ownership (TCO) while ensuring maximum power availability.
The DIRIS A-100/A-200 are panel-mounted power quality meters, conforming to standards IEC 61557-12, IEC 62053-21-24, UL 61010-1 File E257746, ISO 14025 and EN50160. An apt solution for data centers, industries, and buildings, these power quality meters are fully customizable and provide best-in-class accuracy. These innovative products will help customers achieve their sustainability goals.
DELPHYS XM- Key Features:
- Redefining Power density: The DELPHYS XM UPS offers industry-leading power density, delivering up to 800 kVA/kW in a footprint of just 0.8m², making it one of the most compact UPS systems available globally.
- Elevating efficiency: Sustainability is central to the Delphys XM, which features Energy Saver Mode to maximize efficiency even under low-load conditions. Its energy-efficient design achieves up to 99% efficiency in Smart Conversion Mode and 97.1% in online double conversion, significantly reducing energy consumption, cooling requirements, and CO₂ emissions. Running the UPS in Smart Conversion Mode at 50% average load can result in annual savings of 42 tons of CO₂.
- Guaranteed uptime with superior resiliency: DELPHYS XM has been designed to eliminate any single point of failure – modular design based on 100 kW modules that minimize maintenance time and complexity and intrinsic redundancy (N or N+1) for increased uptime and reliability.
- Best in class adaptability: Designed for flexibility, the DELPHYS XM supports both lead-acid and lithium-ion batteries and offers top or bottom cable entry to accommodate different site needs. Its IP-rated electronics and conformal coating protect against site environmental conditions, ensuring adaptability across multiple applications.
DIRIS A-100/A-200 – Key Features:
- Best-in-class accuracy: PreciSense technology provides industry-leading accuracy that exceeds standards for billing, ensuring reliable and repeatable measurements, with Class 0.1 for the meter alone, according to the IEC 61557-12 standard.
- Plug & Play: The unique RJ12 technology enables the quick, error-free, and safe connection of current sensors. It has a simple and fast configuration through a step-by-step wizard, even for the most advanced features. The integrated virtual monitor technology enables the smart monitoring of protective devices with no auxiliary contacts and no wiring.
- Easy data management: It has embedded web view software that’s easy to configure and use. Real-time notification and photo view options are available. It has advanced tariff management through a complete and easy-to-configure calendar function for viewing consumption precisely according to the utility contract.
Fully customizable: Splash screen and embedded webserver are easy to customize with your brand logo and pictures. A customizable standby screen will display the measurement datasets.
Speaking about the new products, Meenu Singhal, Regional Managing Director, Socomec Innovative Power Solutions, Greater India says, “The launch of DELPHYS XM and DIRIS A-100/A-200 marks a significant milestone in our mission to provide innovative, reliable, and cost-effective power solutions for critical infrastructures. As a leader in power management, we are committed to pioneering initiatives that align with the nation’s broader sustainability goals, and each of our products reflects this dedication. We’re excited to introduce these solutions at Elecrama 2025 in Greater Noida, where attendees can discover their potential to reduce operational costs while enhancing reliability. With these advancements, Socomec is poised to play a key role in building a Viksit Bharat by 2047”.
Adani Foundation Supports Rural Woman Entrepreneur at ACC Salai Banwa
Uttar Pradesh, 19 February 2025: ACC, the cement and building material company of the diversified Adani Portfolio, is committed to empowering rural communities through sustainable livelihoods. The Company along with the Adani Foundation is supporting Vijay Lakshmi Devi, president of the Radhe self-help group (SHG), to expand her grocery store near ACC Salai Banwa.
Under ACC and the Adani Foundation’s community outreach initiatives, Vijay Lakshmi received a Rs. 50,000 loan which has enabled her to expand her inventory, attract more customers, and boost her family’s financial stability. Despite challenges such as balancing her growing business with family responsibilities, Vijay Lakshmi remains determined to succeed. Her goal is to repay the loan within 12 months while increasing her monthly income by Rs. 5,000, raising her family’s annual earnings to Rs. 1.20 lakh this year.
Vijay Lakshmi’s journey reflects resilience and determination. With the additional income, her family’s financial position has significantly improved, giving them the confidence to plan for a better future. She also serves as an inspiration to other rural entrepreneurs in the region.
ACC remains committed to enhancing economic opportunities for communities where it operates. Initiatives such as supporting rural entrepreneurs through SHGs highlight its efforts towards facilitating financial independence and promoting inclusive growth in rural areas of the nation.
Smiling Tree Partners with DU Law for Veritas: ILC Moot
New Delhi, – Smiling Tree, a leading environmental initiative committed to sustainability, proudly collaborated with the Faculty of Law, University of Delhi, as the Green Partner for the 1st Veritas: ILC Freshers Moot, organized by the Moot Court Society (MCS) at the Institute of Law and Consulting (ILC).
This prestigious event provided a vital platform for first-year law students to develop their advocacy skills and prepare for national and international moot court competitions. Through its partnership, Smiling Tree reinforced the significance of environmental responsibility among young legal minds, advocating for sustainability in all spheres of life, including legal education and practice.
Dr. Mukesh Kwatra, founder of Smiling Tree, emphasized the importance of integrating environmental consciousness with legal excellence. “At Smiling Tree, we believe that sustainability should be at the heart of every profession, including law. By supporting the ILC Freshers Moot, we aim to inspire future legal professionals to champion environmental responsibility alongside their advocacy pursuits.”
As part of the collaboration, Smiling Tree contributed to creating an eco-friendly event experience and encouraged participants to embrace green practices in their academic and professional journeys.
The 1st Veritas: ILC Freshers Moot witnessed enthusiastic participation from law students, showcasing their research and courtroom skills in a competitive setting. Smiling Tree’s partnership underscored its commitment to fostering a greener and more responsible society, one initiative at a time.
IIT Mandi Receives WCDM Disaster Preparedness Award 2024
February, 19th, Mandi;Dr. Kala Venkata Uday, a pioneering geotechnical engineer and associate professor at IIT Mandi, received the prestigious Disaster Preparedness Award at the WCDM-DRR Awards Ceremony 2024. The event, held at the Constitution Club of India, celebrated trailblazers in disaster risk reduction and resilience.
The ceremony was graced by esteemed dignitaries, including Shri Piyush Goyal, Hon’ble Union Minister of Commerce & Industry, as the Chief Guest, and Justice Shri M.M. Kumar, Former Chief Justice of Jammu & Kashmir, as the Guest of Honor. Shri Sanjay Kumar, IAS, Secretary of the Department of School Education & Literacy, also attended, adding to the occasion’s grandeur.
Dr. Uday was recognized for his groundbreaking contributions to landslide disaster risk reduction, nature-based mitigation solutions, and innovations in bio-geotechnics. With over 15 years of experience, including spearheading IIT Mandi’s pioneering initiatives in landslide monitoring and early warning systems, Dr. Uday’s research has transformed disaster management practices, particularly in the Himalayan region.
Expressing gratitude, Dr. Uday highlighted the collective effort of his team and the unwavering support of IIT Mandi, stating, “This award is a testament to our commitment to building disaster-resilient communities. It motivates us to further our mission of saving lives and safeguarding infrastructure.”
The WCDM-DRR Awards, organized by the Disaster Management Initiatives and Convergence Society (DMICS), spotlight leaders in disaster resilience. This year’s event featured policymakers, scientists, and industry experts, fostering dialogue on innovative solutions for disaster management.
Dr. Uday’s achievements underscore the critical role of academia in addressing real-world challenges. His innovative solutions, including IoT-based early warning systems and sustainable construction practices, continue to inspire and empower communities to mitigate disaster risks effectively.
MEAI Hyderabad Concludes National Conference on Mining for Atmanirbhar Bharat 2047
Addressing the conference, Shri V Suresh, Director (Commercial), NMDC Ltd. remarked, “India’s mining sector is the backbone of economic progress and will be pivotal in achieving Viksit Bharat by 2047. Sustainable mining, technological innovation, skill development, policy reforms, and global partnerships will define the future of the industry. Our collective efforts will drive a self-reliant and environmentally responsible mining sector.”
Addressing the conference, Shri N. Balram, Chairman & Managing Director, of SCCL, remarked, “India’s mining industry must evolve with innovation and sustainable policies to support national progress. Strengthening domestic mining capabilities is crucial to reducing dependency on imports and fostering economic resilience.”
Shri P.K. Satpathy, Former Director (Production), NMDC Ltd., stated, “The role of mining in ensuring India’s industrial and infrastructure growth cannot be overstated. By integrating advanced technology and responsible resource practices, we can unlock new opportunities in the critical mining sector as well.”
Shri A.K. Shukla, Former CMD, HCL, added, “Future-ready mining involves not only technological enhancements but also a strong focus on environmental responsibility and social commitment. We must work towards achieving global benchmarks in sustainability.”
Shri B. Surender Mohan, Former CMD, NLC India Ltd. Addressed the gathering and congratulated MEAI for taking the initiative to organize the National Seminar with a very relevant topic and a very right time.
The event concluded with a felicitation ceremony recognizing the contributions of key professionals in the mining sector, acknowledging their role in driving innovation and sustainable practices. On the 2nd day of the event, MEAI Hyderabad Chapter honored Late S. K. Verma, Former Head of Project of DIOM Complex of NMDC Ltd.; Shri P. K. Satpathy, Former Director (Production) of NMDC; Shri A. K. Shukla, Former Chairman and Managing Director (CMD), Hindustan Copper Limited (HCL) Shri B. Ram Mohan, Former Regional Controller of Mines, Bangalore Region, Indian Bureau of Mines; Shri V Balakoti Reddy, Director BGR Mining & Infra Limited; for their invaluable contributions to the mining industry.
Addressing the gathering on the first day of the event, Shri Joydeep Dasgupta, Director (Production), NMDC Ltd., emphasized, “The mining industry remains the backbone of national progress, playing a pivotal role in economic development. The Hyderabad Chapter’s efforts in bringing together industry stalwarts for knowledge exchange are commendable. At NMDC, we are committed to expanding mining capacity while ensuring eco-friendly and sustainable operations. Encouraging young talent to join the mining sector is crucial for India’s future growth.”
Dr S K Sinha, Head of Mine Planning & Chief of ISO NMDC Ltd. presented the summary report of the National Seminar and a few key takeaways of the National Seminar for Mining in India’s Future: –
1. Sustainable Mining Practices
One of the most pressing concerns in the mining sector today is sustainability. As we extract valuable minerals from the earth, we must be equally mindful of the environmental impact. The future of mining must be rooted in practices that promote ecological balance and minimize degradation. Implementing cutting-edge technologies, such as automation, artificial intelligence, and data analytics, will help us improve efficiency while reducing waste and energy consumption. We must also prioritize the reclamation and rehabilitation of mined lands and ensure that water and air quality standards are met.
2. Technological Innovation and Research
As India strives to become a global leader in mining, we must focus on innovation. The mining sector in India must embrace modern technologies like automation, AI, machine learning, and robotics to improve productivity and safety in mining operations. With advancements in exploration techniques, we can unlock untapped mineral reserves, including rare earth elements, which are critical for green technologies and electronic goods. By investing in research and development, we can introduce innovative methods to extract minerals more efficiently and with less environmental impact.
3. Skilled Workforce Development
No sector can thrive without skilled human capital. As we look toward a Bikshit Bharat, we need to invest in skill development and training programs for our mining workforce. This involves equipping the next generation with the knowledge and skills required to manage sophisticated mining operations and apply the latest technologies. India must establish world-class training institutes and collaborate with international players to ensure that the workforce is not only job-ready but also future-ready.
4. Policy Reforms and Regulatory Framework
A clear and supportive policy environment is essential for fostering growth in the mining sector. The National Mineral Policy, which aims to address regulatory challenges and encourage responsible mining, is an important step forward. However, further reforms are needed to simplify the licensing process, increase transparency, and ensure fair distribution of mineral resources. A stable and transparent regulatory framework will provide greater investor confidence and promote private sector participation in the mining industry. Additionally, we must ensure that mining activities benefit local communities, with special attention to land rights, environmental safeguards, and corporate social responsibility.
5. Global Partnerships and Trade
As we progress towards 2047, India’s mining sector must strengthen its global partnerships. The world is becoming more interdependent, and our mineral resources will continue to be in high demand for industries such as electronics, renewable energy, and infrastructure. By fostering international collaborations, India can enhance its access to global markets, develop strategic mineral reserves, and attract foreign investment into the mining sector. Our trade relations must evolve to make India a key supplier of not only minerals but also mining expertise and technology.
Minerals are not just raw materials; they are the building blocks of our future economy. Whether it’s the steel industry, which powers infrastructure development, the energy sector, which is driving the transition to renewable energy, or the technology industry, which depends on rare earth minerals, mining has a direct link to every aspect of modern life. For Bikshit Bharat, we must ensure that our mining sector contributes to the nation’s development in a balanced and sustainable manner. By focusing on the areas mentioned above, we will be able to fuel economic growth, create jobs, ensure energy security, and promote a cleaner, greener future.
India’s commitment to achieving Net Zero emissions by 2070, as announced at COP26, further underscores the importance of sustainable mining. The minerals needed for clean energy technologies—such as lithium, cobalt, and nickel for batteries, or copper and aluminum for electrical infrastructure—must be sourced responsibly to support our green goals.
The discussions and insights gathered during the conference highlighted the importance of sustainable mining practices, technological innovation, workforce development, policy reforms, and global collaborations. Responsible resource management and the adoption of AI-driven technologies emerged as essential factors for modernizing the mining industry. Emphasis was placed on skill development to prepare the workforce for future challenges. Regulatory simplifications and transparent policies were recognized as key enablers for growth. Strengthening international partnerships will position India as a global leader in the mining sector. With a collective commitment from industry leaders and policymakers, the conference set the roadmap for achieving a resilient, self-sufficient, and sustainable mining industry on the line of Viksit Bharat by 2047.
In conclusion, the mining sector in India is at the crossroads of tremendous opportunity. As we move towards Bikshit Bharat 2047, we must harness our mineral wealth in a way that benefits the nation, the environment, and future generations. This seminar has provided us with invaluable insights into the challenges and opportunities ahead, and I am confident that with the collective effort of the government, industry leaders, and citizens, we will be able to achieve the vision of a prosperous, self-reliant, and sustainable India.
Let us take inspiration from the National Seminar and work together, hand in hand, to unlock the full potential of India’s mining sector and pave the way for a brighter, greener, and more prosperous future.