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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports
2026-04-14 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Srinivas L, Joint MD & CEO of 63SATS Cybertech

Srinivas L, Joint MD & CEO of 63SATS Cybertech

63SATS Cybertech, the cybersecurity business unit of 63 Moons Technologies, is working with two airports for a solution to combat GPS-spoofing, a very major threat to the aviation industry, a top official in the cybersecurity firm said.

“We do have a solution from Israel that we are actively piloting with two airports in India,” Srinivas L, Joint MD & CEO of 63SATS Cybertech, told businessline, adding that Noida International Airport was one of its customers.

“Anything that’s got to do with national security, we are first to arrive there,” he said.

Srinivas explained that GPS spoofing works by transmitting a fake GPS signal from the ground that is stronger than the real signals sent by satellites. Aircraft normally rely on weak signals from satellites thousands of kilometres away. But when a stronger, false signal is broadcast, the aircraft’s systems can pick that up instead.

As a result, the plane believes it is in a different location than it actually is. This can also mislead air traffic control, which may see the aircraft positioned somewhere it isn’t.

Last December GPS spoofing was detected at major Indian airports including Delhi, Mumbai and Bengaluru.

The proliferation of connected devices, especially in homes, and the increasing threats from that, has also prompted 63SATS to develop solutions for it under the CYBX brand, its superapp. “It is about convenience versus security. That’s the toughest piece to solve said Srinivas.

“So the next two to three years you will see a lot of IPs coming out of our stable,” he added.

The company has also rolled out an upgraded version of CYBX positioning it as an all-in-one solution for consumers.

The new version integrates multiple security layers—ranging from encrypted calling and Wi-Fi protection to defence against over 100 attack vectors. Srinivas said the app was seeing good traction clocking 7 lakh downloads and blocking nearly 1.4 million cyberattacks within a month of its initial launch in August 2025.

Beyond retail users, 63SATS operates across enterprise and government segments through its ‘Cyber Security Force’ and ‘Cyberdome’ platforms.

The company is also working with several state government bodies for securing the energy infrastructure network and providing AI cybersecurity, said Srinivas, adding that talks are on with the governments of Gujarat, UP, Haryana and Tamil Nadu.  “Now what we are doing is primarily focusing where it will hurt the most, which is the energy sector, the telecom sector, specialising in OT (operational technology) security.”

In its enterprise business 63SATS has tied up with top notch global brands such as Palo Alto, Check Point and Fortinet for providing cybersecurity solutions to customers across sectors such as BFSI, manufacturing, automotive and critical infrastructure.

Published on April 14, 2026