Top 10 business headlines: Drone policy 2.0, Amazon's India affair and more

Top 10 business headlines: Drone policy 2.0, Amazon's India affair and more Here are the top 10 business stories that made news on Tuesday

Current Affairs: Goods delivery by drones gets closer to reality, updated policy unveiled The government has proposed allowing delivery of goods by drones, paving the way for commercial applications in the field. In drone policy 2.0, unveiled on Tuesday, the government has proposed permitting their operations beyond the visual line of sight. Read on

HAL fights for indigenous HTT-40 trainer as IAF seeks Swiss Pilatus planes In a coup for indigenisation, the Hindustan Turbo Trainer-40 (HTT-40) basic trainer aircraft, designed and built by Hindustan Aeronautics (HAL), has outperformed Indian Air Force’s (IAF’s) demanding specifications.

The final qualifications — stall and spin tests — are proceeding well.

Click here to read Telcos may have to spend Rs 1.25 trn on court cases, stare at huge loss An adverse fallout of litigation on many unresolved issues in the Indian telecom sector may cost service providers a fortune. They might have to fork out Rs 1.25 trillion to Rs 1.5 trillion in important cases pending in the country’s courts, especially the Supreme Court. Read on IL&FS bows out, govt to invite tenders for Zojila tunnel for the third time The Union government is set to invite tenders for a third time for its ambitious Zojila tunnel project in Jammu and Kashmir as...read more

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