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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe US Ambassador meets Oil Minister Puri over expanding energy purchases Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; 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63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports
2026-04-14 · via Economy News, Latest Economic News Today | 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