BOCA CHICA LAUNCH FACILITY
Saudi-led coalition intercepts missiles towards Riyadh, drones in Eastern Province
Saudi-led coalition forces intercepted two Houthi missiles and three drones aimed at Saudi Arabia's capital. Recent Houthi attacks have intensified, damaging crucial infrastructure, particularly affecting Saudi Aramco. The Eastern Province, housing most oil reserves, has faced numerous assaults in prior weeks. In retaliation, Saudi Arabia has increased airstrikes targeting Houthi positions in Yemen. The ongoing conflict highlights the fragile security situation in the region.
AWS CEO dismisses data centres in space as impractical: Here’s what he said
In a recent podcast, AWS CEO Matt Garman pointed out the impracticalities of establishing data centres in space, citing issues such as exorbitant costs and energy consumption. He noted progress in traditional data centre expansions, especially in Northern Virginia and Texas. Although he acknowledged some technological fixes for space challenges, he reaffirmed the advantages of Earth-based solutions, also dismissing worries about Amazon's data centre water usage.
SpaceX to attempt first Starship spacecraft recovery on land in 15th flight
SpaceX plans to launch its Starship rocket for the 15th time to test spacecraft recovery. The mission will attempt to catch the spacecraft at the Texas launch site rather than discarding it at sea. Elon Musk envisions regular Starship launches to expand the Starlink satellite network and future AI capabilities. NASA has provided significant funding for the Starship project under the Artemis moon program.
SpaceX launch today: Elon Musk’s Starship Flight 15 double catch attempt - launch time, how to watch and why it matters
SpaceX launch: SpaceX is preparing for Starship Flight 15 on November 13, with Elon Musk’s company attempting to catch both the Super Heavy booster and Ship using mechanical arms at its Texas launch site for the first time. The test could move SpaceX closer to fully reusable rockets and support NASA’s future Moon mission plans.
JSW Motors partners with Amazon Web Services to host connected-car data
JSW Motors has announced a partnership with Amazon Web Services to host its connected-car platform in India. The data generated will remain under the ownership of JSW Motors, ensuring local control. The automaker is preparing to launch its first vehicle manufactured in Maharashtra in the coming months. Additionally, Tata Elxsi will handle localisation of the telematics control unit as connectivity will operate on Airtel’s network.
India's first LED dome planetarium with 4.2 crore lights inaugurated in Mysuru; 15-metre dome to relay live planetary data
Prime Minister Narendra Modi inaugurated COSMOS-Mysuru Planetarium, India's first LED dome planetarium, on Friday. Built by the Indian Institute of Astrophysics, the facility features a 15-metre tilted dome with 4.2 crore LEDs, a Sky Theatre and astronomy exhibits. The inauguration came during the Prime Minister's Karnataka visit, which also included major metro and railway launches.
Houthis claim drone strikes on Riyadh, Saudi military sites; coalition says drones intercepted
Yemen's Houthi militia announced a series of drone and missile attacks targeting Saudi Arabia, including key facilities. They claimed to have successfully hit Aramco in Riyadh and a military cargo plane at Sharurah Airport. Additionally, the Houthis targeted Khamis Mushait Air Base, asserting their operations achieved their objectives. The Saudi-led Coalition Forces reported intercepting and destroying several drones launched by the Houthi militia.
Blackstone lines up $200 million loan to refinance ASK credit line
Blackstone is in the process of arranging a $200 million loan for ASK Investment Managers. This loan aims to refinance an existing sponsor-financing facility that matures in 2027. Four banks are leading this transaction, which is currently being syndicated among international lenders. The refinancing effort reflects private equity investors' strategy to manage acquisition-related debt maturities.
Kia to invest $2 billion in second Andhra plant, add 12,000 jobs
Kia India plans to invest $2 billion in a new manufacturing facility located in Andhra Pradesh. This facility will increase Kia's annual production capacity significantly to over 600,000 units. It aims to generate approximately 12,000 direct and indirect job opportunities in the region. The company is focused on enhancing its presence in both domestic and international markets. This strategic investment underlines Kia’s commitment to India’s automotive industry and growth potential.
Astrobase to invest Rs 800 crore in Andhra Pradesh to expand rocket testing facility
The company has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board to add 339 acres to the facility. The expanded infrastructure will support launch vehicle stage development, static hot-fire testing, stage-level hop tests and reusability validation.
Iran unveils underground 'missile city', warns US bases in Europe could face strikes if war resumes
Iran has unveiled an underground facility displaying ballistic and cruise missiles as senior officials warn that any renewed US attack could trigger strikes on American military bases across the Middle East and Europe. Tehran has also claimed that its missile production capabilities remain protected underground and ruled out transferring its enriched nuclear material abroad.
SLN Coffee to set up Rs 3,500 crore food processing unit in Andhra Pradesh, its first plant outside Karnataka
SLN Coffee, based in Coorg, signed an MoU with the Andhra Pradesh government for a significant investment. This ambitious plan aims to establish a food processing unit which will create around 3,400 jobs. The company's Levista brand has gained traction across South India since its launch in 2017. SLN Coffee also plans to scale up manufacturing and exports under Project Horizon.
Lupin partner Sandoz launches RanluspecTM across Europe for retinal disease treatment
Lupin Ltd has partnered with Sandoz to launch RanluspecTM, a biosimilar for Ranibizumab, across Europe. This launch will help to improve access to treatments for retinal and choroidal vascular diseases. The European Commission previously approved RanluspecTM in vial and syringe-filled presentations for medical use. The biosimilar targets conditions such as wet age-related macular degeneration and diabetic macular edema.
PM Modi in Bengaluru on Nov 13, to launch Rs 15,600 Cr projects, flag Off Goa Vande Bharat
Prime Minister Narendra Modi will visit Karnataka on November 13 to launch and lay the foundation stone for infrastructure, energy, transport and urban development projects worth more than Rs 15,600 crore across Bengaluru and Mysuru.
Delhi's river tourism begins with the launch of Yamuna recreational cruise service
Delhi has launched its first ever recreational cruise service on the Yamuna River to encourage local tourism. This innovative program invites residents and tourists alike to explore the river's stunning landscapes and rich cultural heritage. With various engaging attractions on board, the service aims to stimulate regional economic activities and public involvement.
Yemen's Houthis claim attacks on Riyadh airport, Aramco facility
Yemen's Houthi movement has claimed responsibility for attacks on significant Saudi Arabian infrastructure, including energy and aviation sites. These incidents highlight the rising tensions and security challenges facing the kingdom amid ongoing hostilities. Authorities reported damage to a financial center and an Aramco facility, while missile interceptions were confirmed by coalition forces. The attacks could disrupt critical operations and impact global oil supplies.
Inside Rs 77,000 cr plan rewiring India’s tech DNA forever
The initiative is already delivering results, with 38 facilities in active production plugging domestic gaps and 16 units progressing through machinery setup. Small and medium enterprises drive half of these ventures.
Musk's $445 million midterm bet goes awry. Is his political influence at risk?
Elon Musk's $445 million spending spree on Republican candidates yielded limited results in the US midterms, with most of those he backed losing. As Democrats gain control, Musk faces potential congressional investigations, calls for campaign finance reforms and greater scrutiny of his companies, government contracts and political influence.
Elon Musk's business empire braces for Democratic wave as Texas flips blue
Elon Musk's nearly $500 million campaign to support Republicans failed as Democrats reclaimed both chambers of Congress and flipped Texas' governorship. The results could expose his businesses, including SpaceX and Tesla, to greater congressional scrutiny, tighter data-centre regulations and potential hurdles for expansion plans under incoming Texas Governor Gina Hinojosa.
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