China plans space-based, solar-powered telecom drones for emergency support

China is planning to build a space-based, solar-powered drone telecommunications network capable of providing week-long emergency assistance on the ground, according to a state media report on Wednesday. A research institute affiliated with China Aerospace Science and Industry Corp is developing the project “Feiyun,” which means “flying cloud,” the Global Times reported, citing another report […]

NCLT appoints IPR for insolvency of Nagarjuna Oil Corporation

The National Company Law Tribunal’s (NCLT) Chennai bench has appointed an Insolvency Resolution Professional (IRP) for Nagarjuna Oil Corporation (NOCL) based on an application filed by one of its creditors, the company informed BSE on Wednesday. The insolvency petition was filed under the Insolvency and Bankruptcy Code, 2016. Hyderabad-based Nagarjuna Oil Refinery (NORL) holds 46.78 […]