Tribunal allows Zee to proceed with fundraise, but keeps market ban intact

The US military has faced the loss of forty-five MQ-9 Reaper drones amid its ongoing tensions with Iran. This figure not only highlights a considerable depletion of their fleet but also signifies a financial hit exceeding one billion dollars. The drones have been heavily deployed around the Strait of Hormuz, revealing their susceptibility.

The sector’s rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracking the space. The category is economically viable primarily in urban catchments, where high order density supports efficient fulfilment and worker utilisation. Expanding into lower-density neighbourhoods is significantly more challenging, another industry executive said.

HC reserves orders on Nehru’s review plea against FIR direction