Business

After Op Sindoor success, Indian drone startup raises massive $100 million

UAV manufacturing startup Raphe mPhibr, whose drones participated in Operation Sindoor, has raised…

Ministry notifies private security guards as skilled & highly skilled workers

Ministry of Labour & Employment, Government of India vide its Gazette notification dated 19th…

Government Sets Minimum Floor Price For Minimum Wage Based Manpower Outsourcing

In a communication via an Office Memo No.F.6/1/2023-PPD dated 6th January, 2023 to the Chief…

Security budgets of Indian companies have tripled

Indian companies are investing more on securing their data rather than pumping more money into technology as they try to build…

Smiths receives $10M order for Radseeker customs device

Smiths Detection Inc. has received an order of more than $10 million to supply its Radseeker, handheld radioisotope detectors and…

Chubb wins contract to help protect the vulnerable

Chubbs Community Care business is furthering the safety of elderly and vulnerable residents under the care of the Dumfries and…

Hikvision half-year results show 26.92% year on year growth

Hikvision has reported a total turnover of RMB 20.88 billion for the first half of 2018. The year-on-year revenue growth was 26.…

Cyber security startups attracting big funding

Funding in cyber security startups in India has seen an exponential increase in the last five years as the risk of cyber attacks…

US tariffs on Chinese goods cause serious impact on security industry

Following the news that the US Government will impose a 25% tariff on certain categories of products imported from the Peoples…

Security & Intelligence Services India acquires 51% stake in SLV Security Services

Security & Intelligence Services India has announced a strategic partnership with SLV Security Services (SLV), headquartered…

Minister of State for Finance, Mr. Shiv Pratap Shukla promises relief from the 18% GST levied on the security services industry, at present

Speaking at FICCI's Private Security Industry (PSI) Conclave-2018 themed, 'Job Creation & Skill Development', Minister of…

Passengers may soon have to pay 50% more for security fees at airports

The Passenger Security Fee (PSF), that travellers have to pay at airports, may see a sharp rise soon. Airport operators have…

Private Security Agencies demand Reverse Charge Mechanism for GST payment

Around 100 owners and employees of Private Security Industry on Wednesday, July 18, 2018, staged a silent protest at India Gate,…

Reliance Naval asks government to fast-track maritime security contract awards

Voicing its concerns over delay in awarding contracts for maritime security programmes, Reliance Naval and Engineering (RNEL) has…

Global Fire Protection Systems market estimated to be growing 10.5% annually

The global fire protection systems market size is forecast to be valued at $116.5 billion by 2025, according to market research…