India’s debt-crippled Kingfisher Airlines canceled more flights last week as efforts to find a solution to its financial woes hit a roadblock. Despite approval from the country’s central bank, the airline’s consortium of 16 lenders, which includes the State Bank of India (SBI), has not agreed to extend further loans to the beleaguered airline. India’s Civil Aviation Ministry has categorically refused a government bailout like the one extended to state-run Air India.
New Delhi – India’s defense research agency on Feb. 23 announced plans to develop electronic warfare technologies to help paramilitary and police forces across the country. G. Elangovan, the Chief Controller Research and Development (Avionics) at the Defense Research and Development Organization (DRDO), says a department for Low Intensity Conflict (LIC) was introduced for internal security due to rising incidents of violence in India.
