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…

Michael Flink named President of ADI Global

ADI has announced that Michael Flink has been named president of ADI Global. Flink will lead all ADI businesses across the…

Navtech sees growth in ME markets

At Intersec 2015 later this month, Navtech Radar will showcase its award winning Advanceguard solution for wide area surveillance…

Teleste acquires Mitron to focus on rail security

Teleste is acquiring the Finnish solutions provider Mitron to become one of the leading end-to-end providers of rail-specific…

Revenues for private contract security services to rise, study finds

According to a study recently published by The Freedonia Group, global revenues for private contract security services are…

Avigilon buys ObjectVideo's patent portfolio, licensing program for $80M

Avigilon has announced that it has acquired the entire patent portfolio and patent licensing program of ObjectVideo for $80.3…

ISS sells cash management business to SIS Prosegur in India

ISS, a leading global facility services provider, has sold its Indian Cash and Valuables Services business to SIS Prosegur, a…

Pakistan attack to fuel demand for private security by schools

The Peshawar terror attack has sharply brought the focus on security of schools with all states being asked to beef up security…

Magal awarded $2.1 Million Contract for an Integrated Security Solution in Spain

Magal Security Systems, Ltd. has announced that it recently entered into a $2.1 million contract to deliver technology and…

Samsung Techwin to be sold to Hanwha

Samsung announced on Nov. 26, 2014 that it will sell Samsung Techwin to Hanwha, the 10th largest conglomerate in Korea, as part…

Factory fire slows Axis supply chain

In connection with a factory fire at one of Axis contract manufacturers, Axis is advising that it may mean reduced availability…

Tyco global HQ moves to Ireland

The completion of the merger between Tyco International Ltd. and its wholly owned subsidiary, Tyco International Plc, a company…

Assa Abloy acquires Brazilian firms

Assa Abloy has signed an agreement to acquire Silvana, a leading lock company, and has acquired Metalika, a leading steel fire…