BEL, AAI to indigenise air traffic systems; IBM to bring STEM training to 12,000 Nagaland girls; Netcore acquires Unbxd

Bharat Electronics and Airports Authority of India have entered into an agreement for the joint, indigenous development of systems for air traffic management and surface movement of aircraft at airports in the country, which were hitherto being imported. IBM has announced a collaboration with the Department of School Education, in the northeastern state of Nagaland, to introduce the IBM STEM for Girls programme. Police in Britain have arrested seven people over suspected connections to the Lapsus$ hacking group, which has in recent weeks targeted tech giants including Samsung, Nvidia, Microsoft and Okta, TechCrunch reports.“The City of London Police has been conducting an investigation with its partners into members of a hacking group. Seven people between the ages of 16 and 21 have been arrested in connection with this investigation and have all been released under investigation. Our enquiries remain ongoing,” the London Police said in a statement to TechCrunch. Bharat Electronics Limited and the Airports Authority of India have entered into an agreement for the joint, indigenous development of systems for air traffic management and surface movement of aircraft at airports in the country, which were hitherto being imported, BEL said in a press release. Under this Agreement, BEL and AAI will jointly develop a Civil Air Traffic Management System with Advanced-Surface Movement Guidance and Control System, a complex ground surveillance system that manages air traffic at airports and in Indian Civil Airspace for the safe operation of flights from take-off to landing. IBM has announced a collaboration with the Department of School Education, in the northeastern state of Nagaland, to introduce the IBM STEM for Girls program in more than 250 secondary and higher secondary schools across 15 districts in the State, the company said in a press release. This program will help more than 12,000 girls studying between eighth and 10th grade. Netcore Cloud, a SaaS company in the area of customer communication, engagement, and retention, has invested close to $100 million to acquire a majority stake in Unbxd Inc., a US-based, search-personalisation technology company, according to a press release. It will also be infusing additional funding into Unbxd to propel the company's growth in developed markets. Bolt, an EV Infrastructure Provider, has installed 10,000 charging stations in India in the past six months, the company said in a press release. The company wants to install a million charging stations in 500 cities across India and other emerging markets. Bolt is on track to deploy 100,000 charging points in the next six months in cities including Jaipur, Nagpur, Nashik, Chandigarh, Surat, Ahmedabad, Lucknow, Bhubaneswar and Vijayawada. Ather Energy, an electric scooter maker in Bangalore, has partnered with HDFC Bank and IDFC First bank to provide easy financing options to its consumers, the company said in a press release. These partnerships will allow Ather Energy customers to get instant loans from HDFC and IDFC First banks at low interest rates and with a maximum LTV (Loan-to-value). Ather Energy customers have preferred a 95 percent LTV option while choosing a financing option, with 2-3 years being the most preferred duration to repay the loan, according to the press release. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds